1. Yes, OFC, I've invested in DEXs, there's not a single category of altcoins that I miss, LOL. Profit? not at all, I experienced quite a lot of losses on Uniswap (UNI) and Pancakeswap (CAKE).
2. I don't want to guess whether the DEX trend will return at the time you mentioned, it all depends on the narrative in the crypto public, when the narrative is about DEX it will mean that DEX tokens will increase in price.
3. Yes, and I think I will return to Uniswap (UNI) or Pancakeswap (CAKE), not without reason, I chose them because they're the ones that are currently mainstream.
My condolences, maybe you bought DEX tokens at the end of the uptrend and their price started falling as soon as BTC lost its momentum. I hope you did not forget to place a stop loss order to protect your capital. As I stated, I believe DEX is making a comeback with DeFi and DEX tokens are gaining traction thanks to the tokenomics update from UniSwap. So, I think UNI and CAKE will be the tokens that continue to attract your attention in the uptrend. Hope this time if you invest in them, you will make profits instead of losses. |
|
|
|
1. Yes, I have been profitable many times but I don't sell all my coins at once.
2. I take profits whenever I am in need of it. The last time I booked profits and bought something from my wishlist.
3. Booking profits is a very important part of investing because if you don't book profits then your investments are as good as nothing.
Your investment strategy makes me quite curious and surprised: usually, investors seek to determine the distribution zone of the market to sell tokens to optimize profits instead of holding and selling them when need money like you are doing. I usually keep USDT and gradually sell it to fiat when I need money in my life. For other tokens, including BTC, I still only buy and sell according to the market cycle, meaning I try to buy in the accumulation zone and sell in the distribution zone. |
|
|
|
While technically that's true that he's got to hold it for and he's one of the guys with their companies, financial institutions that has shown interest.
But for the sake of not being gullible, they'd really going to sell some in the future and that will surely going to affect the market once they do it.
-cut-
I agree.
He has to hold for the company and with his clients but the time of selling will come. It may not be as a whole for the $MSTR but there definitely going to be some huge profit taking that's about to come and they won't want to miss this cycle's moment.
MS invests in BTC, it is completely understandable that they will sell. If this happens, I just hope that MS will sell portions of the approximately 200K BTC in their budget to ensure that their behavior does not negatively impact the BTC price and the entire crypto market. 200K BTC ~ 14B USD is a huge amount, which can cause BTC to lose growth momentum and cause investor confidence to quickly evaporate. If the sell-off takes place, I fear we will see an extremely intense downtrend in 2026. |
|
|
|
Every year crypto always brings up new things such as trends with new innovations and so on, so to enjoy the present we have to enjoy the development process from time to time to reach a future where crypto becomes something very perfect. where later crypto can be useful and is always used by various groups every day in various things such as trading, investment, games, work, technology and so on
As I see it, we can now use crypto for many practical purposes such as: transferring money, paying collaborators globally, rewarding users (Brave, CosTV, Mind), rewarding users. play (GameFi, MoveFi), save (Earn & Stake), avoid local currency devaluation (storing USDT), tip (BTC) and more in countries that accept BTC like El Salvador. If we are really interested, we can see that crypto is coming into our lives, parliamentarians also talk about crypto to gain support and votes. As I said: crypto is the present! |
|
|
|
Introduced in 2008 by Satoshi Nakamoto, BTC was envisioned as a new global currency for the internet age [1]. While Satoshi intended for widespread adoption, BTC has primarily become a store of value. While I believe everyone should have access to Bitcoin, with its open network allowing anyone to create an account and transact, it's important to acknowledge that profiting from BTC may not be the chance for everyone. Throughout Bitcoin's history, periods of thrilling price surges have been followed by sharp corrections. During these downturns, also known as crypto winters, Bitcoin's price has fallen by a staggering 77% to 93% compared to its previous peak. In simpler terms, the price has dropped 4-10 times. These harsh winters act as a crucible, testing the resolve of Bitcoin holders. Those who remain confident in Bitcoin's long-term potential, often referred to as "diamond hands," are contrasted with those who hate BTC, or "anti-fans." Michel Saylor, the CEO of MicroStrategy, has become a well-known figure in the cryptocurrency world. He is credited with leading MicroStrategy's strategy of accumulating Bitcoin since 2020, which has resulted in a significant profit for the company: over $6 billion from its 193K BTC budget [2]. Additionally, the company's MSTR stock price has seen a substantial increase: over 800% in 3.5 years. However, Saylor's approach has also attracted criticism in the media in 2022 [3]. Even more famous than Michal Saylor is Nayib Bukele, the president of El Salvador, the first country in the world to accept Bitcoin (BTC) as legal tender alongside the US dollar in 2021 [4]. In addition to helping people access financial services without relying on banks, reducing transaction and remittance costs, and attracting tourists and foreign investment, the reserve of 2,380 BTC accumulated through mining and DCAing BTC has also helped El Salvador earn a profit of over 40% [5]. However, we also cannot forget that in 2022, Nayib Bukele and the El Salvador government faced criticism daily from a range of critics, from large organizations to individual market participants, on financial news sites, social networks, and YouTube [6]. I believe that Nayib Bukele has taken a risk with his entire political career to bring El Salvador into the Bitcoin era, and he is fully deserving of being re-elected president of El Salvador to contribute more in the next term [7]. Nayib Bukele: “When Bitcoin’s market price was low, they wrote literally thousands of articles about our supposed losses. Now that Bitcoin’s market price is way up, if we were to sell, we would make a profit of over 40% (just from the market purchases), and our main source of BTC is now our citizenship program”.Major media outlets can be seen as capitalizing on both positive and negative aspects of Bitcoin (BTC) to capture readers' attention. For instance, The New York Times frequently reports on recent BTC price surges [8]. However, during the 2022 crypto winter, they also published an article exploring the link between cryptocurrency investment and the "dark tetrad" personality traits: narcissism, Machiavellianism, psychopathy, and sadism [9]. Holding Bitcoin (BTC) long-term requires resilience, as the market can be volatile. While some humorously say "the best way to hold BTC is to go to jail" (meaning you're forced to hold), even strong believers can find it difficult during periods of decline. For me, holding BTC is not a coincidence, it is a rational choice!I want to know your opinion on the success of BTC holders: - Is the profit of BTC holders just from luck?
- Are you a BTC holder? What makes you keep believing and holding BTC?
- When will you hold BTC until?
References:[1] Satoshi - Sirius emails 2009-2011[2] MicroStrategy's Michael Saylor Made $1.2 Billion In 3 Days Following Bitcoin Boom[3] Michael Saylor Bet Billions on Bitcoin and Lost[4] El Salvador To Make Bitcoin Legal Tender: A Milestone In Monetary History[5] El Salvador Bitcoin holdings hit record $164M as BTC profits pass $50M[6] El Salvador’s bitcoin experiment: $60 million lost, $375 million spent, little to show so far[7] Nayib Bukele re-elected as El Salvador president in landslide win[8] New York Time: Bitcoin[9] Bitcoin fans are psychopaths who don’t care about anyone, study shows |
|
|
|
BTC reached a new ATH of 69,170.63 USD today, marking a significant moment in its history. This is a surprising development, as BTC has traditionally never reached a new ATH before the halving event. BTC halving is an event built into Bitcoin's code that cuts the reward for mining new BTC in half, roughly every four years. This happens because the halving is triggered at a specific number of mined blocks (around 210,000) [1], and with an average block creation time of 10 minutes, it works out to roughly four years between halvings. In simpler terms, Halving reduces miners' income, causing the minimum BTC mining cost to roughly double. This means that for miners to maintain their pre-halving income, the BTC price would also need to roughly double. This is considered one of the driving forces behind the historical price increases of BTC observed after each Halving event [2]. It may contribute to the roughly 4-year cycle observed in both BTC and the broader crypto market, similar to some traditional markets. I believe this cyclical pattern might have been part of Satoshi's calculation when creating Bitcoin. I believe that BTC history can be segmented into distinct periods. The first period, spanning from its genesis block mined on January 3rd, 2009 [3], to the third halving event on May 11th, 2020, exhibits unique characteristics: - Singular ATH: a period witnessed a single, prominent ATH, suggesting a distinct price discovery phase.
- Bounded Bear Markets: Subsequent bear markets never dipped lower than the prior cycle's peak, potentially indicating a rising price floor.
- Pre-Halving Stagnation: New ATHs consistently emerged after halving events, suggesting a price increase pattern tied to block reward reduction.
- Fib retracement at Halving: The BTC price at each halving appears to gravitate towards the 0.618 Fibonacci retracement level of the preceding downtrend.
Due to the consistent properties mentioned earlier, predicting the first stage is generally straightforward. The second stage, however, presents a more intricate picture. While it may have begun around May 11th, 2020, coinciding with Halving 3, there are some key deviations from the previous cycle: - Double-peaked ATH: ATH took the form of a double peak, occurring in both April and November of 2021.
- Deeper crypto winter: The current crypto winter's bottom point sits lower than the prior cycle's peak, reaching 15.5K USD in November 2022 compared to 19.8K USD in December 2017.
- Early new ATH: Notably, a new ATH emerged today, before the Halving 4.
- Uncertain Halving price: The BTC price at the time of this halving remains undetermined, with the possibility of exceeding the previous cycle's ATH.
While I'm impressed by BTC's new ATH, as a non-technical investor, I'm cautious about this deviation from historical cycles. In 2021, I successfully timed the market by selling in November-December based on cyclical patterns. This time, however, the uncertainty is higher. The next peak for BTC could be in November 2025, but an earlier ATH in 2024 followed by a crypto winter in 2025 is also a possibility. Predicting this accurately is difficult, and more data is needed for a clearer picture. I want to know your views on BTC reaching a new ATH before the Halving: - Are you surprised by this event?
- Do you think this signals a new stage for BTC history?
- Are you worried that this event will disrupt the market's cyclical nature and future predictability?
References:[1] What Is Bitcoin Halving? Definition, How It Works, Why It Matters[2] Bitcoin Halving 2024: How It Works and Why It Matters[3] How and when did Bitcoin start? The complete Bitcoin history |
|
|
|
BTC has evolved beyond its initial status as a novel financial instrument. It's gaining mainstream acceptance and reportedly finding its way into national reserves. The US government alone holds a substantial amount of BTC (~ 207,189) seized from criminal activity, with a current value exceeding 14B USD [1]. This surpasses holdings by major corporate investors like MicroStrategy (193K BTC) and positions the US as the world's largest holder of government-confiscated Bitcoin. Given the significant size of this holding, the U.S. government's actions in the crypto market can be seen as having a whale-like impact, potentially causing significant price movements. The US government sent shockwaves through the cryptocurrency world with a recent transfer of 15,085 BTC, valued at roughly 922M USD. This action coincided with Bitcoin reaching a new high of 60K USD, sparking speculation about a potential profit-taking strategy by the government [2]. Concerns are mounting as this move echoes a similar transfer in July 2023. Back then, the government transferred 9,800 BTC (around 300M USD) which was followed by an 18% price drop for Bitcoin, falling from 30K USD to 25K USD [3]. Despite the current price of Bitcoin reaching 68.5K USD and nearing its all-time high of 2021, the crypto community remains jittery. Personally, I believe that the US government may consider selling confiscated BTC to generate revenue for the national budget. Unlike private investors focused on long-term holding strategies, the government's primary goal is to manage seized assets effectively. The current price of BTC could present a favorable opportunity to sell and increase government funds. At the same time, I think: despite recent price gains and positive investor sentiment, a potential 1B USD liquidation by the US government is unlikely to significantly impact the rising momentum of BTC or the broader cryptocurrency market. Similar large sales, like FTX's 1B USD worth of GBTC sale in January [4] and Genesis' current 1.3B USD worth of GBTC sale [5], haven't had a major effect on BTC price. Considering the current market excitement and the high daily trading volume of BTC, exceeding 70B USD, a 1B USD sale from the US government wouldn't be a major cause for concern. I would like to know your views on the possibility of selling 1B USD worth of BTC from the US government: - Do you think the US government is about to sell 15,085 BTC?
- Will this event have a negative impact on BTC and the entire crypto market?
- Are you worried and changed your investment strategy because of this event?
References:[1] Countries & Governments that Own Bitcoin[2] US gov’t moved $922 million of seized Bitcoin after BTC price broke $60,000[3] US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins[4] FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources[5] Genesis Cleared to Sell GBTC Shares Worth $1.3 Billion
Update 2024.04.03:In a major cryptocurrency move, the U.S. government transferred 30,175 bitcoins (valued at around $2 billion) to a wallet associated with Coinbase. |
|
|
|
In the crypto market, buying and selling digital assets is crucial for any investor's journey. When it comes to trading, there are two main avenues: CEXs and DEXs. CEXs are operated by companies that act as intermediaries, while DEXs leverage smart contracts on a blockchain to facilitate peer-to-peer transactions without a central authority [1]. - CEXs offer a user-friendly experience for buying and selling crypto. I don't need to manage private keys, connect to specific blockchain apps, or hold native coins for fees. Simply create an account, complete KYC verification, deposit funds, and start trading a wide variety of tokens with excellent liquidity. Trading fees are typically low, around 0.1%-0.2%, so my 1000 USD trade would only incur 1-2 USD in fees. Earning and staking features on CEXs are also very convenient to me.
However, CEXs come with inherent risks. Their legality can be uncertain, and their security heavily relies on the company itself. The Mt. Gox hack in 2014[2] and FTX's collapse in 2022[3] are stark reminders of this vulnerability. - Using DEXs can feel complicated at first. I need to set up a blockchain account, manage my private keys, understand which blockchain a token is on, and have native coin to pay transaction fees. I also need to find the right DEX and connect my wallet to it.
DEXs often have a limited selection of tokens and not as much liquidity as CEXs. Transaction fees can also be a pain point. For example, I wanted to buy 50 USD worth of SHIB tokens in 2021, but Uniswap fees were around 100 USD, it wouldn't make much sense to use the DEX in that situation. I waited to buy SHIB on Binance after its listing.
New tokens come with their own set of risks, one being the potential for users to forget to revoke spending permissions after a swap. The fear of losing assets due to a DEX protocol attack is a real one, especially considering the numerous hacks that occurred in 2021[4].
I believe that the crypto market thrives on the coexistence of CEXs and DEXs. Each caters to different needs: CEXs offer user-friendly interfaces and fiat gateways, attracting new participants, while DEXs provide greater control and transparency, appealing to experienced users. Together, they create an inclusive environment, removing barriers to entry and fostering wider adoption compared to traditional financial systems. I would like to know your opinion on CEXs and DEXs: - Which do you prefer, CEXs or DEXs, and why?
- For CEX users: Does KYC concerns impact your choice of CEXs?
- For DEX users: Do you believe DEXs have the potential to completely replace CEXs in the future?
References:[1] Centralized Exchange (CEX) vs. Decentralized Exchange (DEX): What’s the Difference?[2] Mt Gox Hack Explained[3] FTX collapse: The crypto industry’s Lehman Brothers moment[4] The 10 Biggest DeFi Hacks of 2021: A Recap |
|
|
|
I wasn't a fan of ICO back then to be honest and was mainly focused on bitcoin and its products. There was some opportunity to invest in some of the projects that are major cap altcoin projects right now so if i knew the future back then, i would invest in those projects for sure. But i have participated in some of the token sale though most of them were not very successful and only gave me losses so i keep avoiding any token sale and instead i directly bought from the market after listing.
ICOs often generate larger profits because investors can buy tokens at the seed price, but they come with huge risks. Investing in tokens on major exchanges is a safer choice because the tokens and projects have been evaluated and confirmed for safety by the exchange's team. We cannot turn back time, we just need to focus on investment strategies in the present to generate maximum profits. Currently, the ICO is still taking place on launchpads, you can spend a part of the profits to participate if you like and believe in a potential project. |
|
|
|
let's say real Satoshi comes out. satoshi doing any of these questions will affect the crypto market. satoshi sending a single satoshi from his wallet will plummet BTC price and right there and then, he can never hide ever again. people will be following him wherever he goes.
the moment he sends BTC, Bitcoin will not be decentralized anymore and that's what it takes to make the coin no different from other altcoins.
We all know that Satoshi's anonymity is important for the fate of BTC: BTC is not controlled by anyone, the fate of BTC does not depend on any independent individual. Satoshi chose to remain anonymous and disappear to protect the future of BTC. I think Satoshi will not suddenly appear to have a negative impact on his brainchild, BTC. If I were to be Satoshi, I would definitely continue to stay anonymous, and I won't sell my 1 million + bitcoin for usd, since doing so means I am giving usd more power over my own invention - bitcoin, when the inventor or bitcoin is not holding any bitcoin, what do you expect the community to do, selling all my bitcoina simply means I no longer have trust and believe in what I built, and this move may trigger a major sell off of bitcoin by big holders, which may drastically affect the price of bitcoin and possibly crumble it.
And again, I won't accept any invitation from any country, staying anonymous should mean staying anonymous, I will absolutely nothing to reveal true identity to the public, though I will sure come around and from time to time, have a chat with the bitcoin community, like on this forum, I will also actively participate in the development and growth of bitcoin, but no body will ever know who I am.
And yes, before I die, I will reveal all to my children, but ask them to keep what ever I tell them a secret, for their own safety.
I think you will need to focus on educating your children about the importance of anonymity, and to be safe from the scrutiny and surveillance of the greedy, your children should never reveal that their parent is Satoshi, who may be holding 1M BTC = 62B USD  |
|
|
|
3. Currencies are meant to be circulating, whether it's in fiat or digital, so economically I don't think that it'll be good if a large crypto is concentrated in corporate reserves, especially as it's adoption is gradually increasing.
I'm also thinking about this: Satoshi wanted BTC to be a currency, not a form of reserve asset stored by large organizations that limited the supply in circulation and affected economic operations. Temporarily, we only see BTC as a reserve asset so this can be considered normal, many investors are even happy that MicroStrategy owns 193K BTC and continues to buy more BTC in the future because this could help promote the price increase of BTC... Honestly I don't like this very much, it would be better if the money went into circulation and became a channel for transferring value rather than storing it value. |
|
|
|
The SEC has been actively pursuing regulatory action against several cryptocurrency companies, including Binance, Coinbase, Ripple, LBRY, and Kraken. This has raised questions about the classification of crypto assets and the SEC's authority in this evolving market. In May 2023, LBRY settled with the SEC for $111,614 to avoid a lengthy and expensive legal battle [1]. Similarly, Kraken settled a separate SEC charge regarding its staking program in February 2023 for $30 million [2]. While some within the crypto community criticized Kraken for settling the initial charge, it highlighted the significant financial burden of battling the SEC [3]. Despite the earlier settlement, the SEC filed a new lawsuit against Kraken in November 2023, alleging that the exchange operates as an unregistered securities exchange and broker-dealer for certain digital assets. This suggests a broader SEC aim to establish regulatory control over the crypto industry. This time, Kraken did not disappoint us: Kraken filed a motion to dismiss the SEC's lawsuit in February 2024. They argue that the SEC is exceeding its authority and that cryptocurrencies involved are not securities under the Howey Test legal framework. Additionally, they claim the SEC is using enforcement actions instead of clear regulations [4]. A Kraken victory could significantly impact the future of crypto regulation. It could limit the SEC's reach in the crypto market and potentially pave the way for clearer and more specific crypto regulations, fostering a more stable environment for all stakeholders. The Blockchain Association, a crypto industry advocacy group, has filed an amicus brief supporting Kraken, further solidifying the industry's unified front against the SEC's actions [5]. The crypto community needs a strong voice to engage with the SEC. By working together, we can promote better understanding of the industry and advocate for fair regulations that protect investors and foster innovation. While I wasn't previously a Kraken user, their stance against the SEC has definitely increased my respect for them. Their fight reminds me of Ripple's resilience in the face of regulatory hurdles. I will be closely following the SEC lawsuit. Here's to Kraken's victory - a win for them is a win for the future of crypto! I want to hear your opinion about this drama: - Is this lawsuit important for the development and future of crypto?
- What % chance do you think Kraken has of winning the lawsuit?
- Does this lawsuit motivate you to love and use Kraken's services?
References:[1] Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law[2] Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation[3] Ripple will have spent $200 million fighting SEC lawsuit, CEO says[4] The real story of the SEC’s suit against Kraken, and why Kraken is moving to dismiss the case[5] Kraken Receives Blockchain Association’s Backing In SEC Battle |
|
|
|
A year ago, Bitcoin's use cases primarily focused on store of value and occasional payments, mirroring Satoshi's vision. Even during the 2020 DeFi boom, Bitcoin remained largely uninvolved. Mentioning "Bitcoin DeFi" often conjured images of scams capitalizing on both trends. However, with advancements in technology and the emergence of Layer-2 solutions, Bitcoin is unlocking new possibilities, including DeFi applications. Platforms like Stacks and Rootstock are reintroducing smart contracts, enabling the development of DeFi DApps on Bitcoin [1]. Bitcoin's total value locked (TVL) has grown to 2.34B USD [2], surpassing established chains like Polygon, Avalanche, and Optimism, and currently ranks sixth overall [3]. Additionally, Tron is developing a Layer-2 solution to integrate Bitcoin with its DeFi ecosystem [4]. Furthermore, Binance Labs recently invested in Babylon, a novel protocol facilitating Bitcoin staking on PoS blockchains. This innovation presents intriguing opportunities for both BTC holders and PoS ecosystems, offering passive income without complex solutions [5]. As a Bitcoin enthusiast actively implementing DCA, I personally favor storing my BTC in my own wallet. The complexities of DeFi protocols, particularly regarding security, raise concerns. While the potential for sizable profits through DeFi participation during a potential "summer" is undeniable, the risk of entrusting my Bitcoin to fledgling protocols in the face of evolving cyber threats outweighs the potential rewards at this stage. I would like to know your views on Defi on Bitcoin: - What are your thoughts on storing BTC?
- Do you believe DeFi represents an evolution for Bitcoin?
- Are you interested in participating in DeFi with your BTC?
Refenrences:[1] Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT[2] DefiLlama: Bitcoin Total Value Locked[3] DefiLlama: Total Value Locked All Chains[4] Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL[5] Binance Backs a Bitcoin Staking Solution: The Next Big Thing in Crypto? |
|
|
|
I checked Manta website https://manta.network/ and X https://twitter.com/MantaNetwork but there is no information about the airdrop worth 500K USD. Everyone should be cautious and should not participate in this airdrop. When I logged into the website provided by the OP, I received this message: Dangerous site
Attackers on the site you're trying to visit might trick you into installing software or revealing things like your password, phone, or credit card number. Brave strongly recommends going back to safety. |
|
|
|
Crypto landscape is present or future it depends how you perceive it, it is already a substantial part of the present, with so many digital currencies being used as method payment for goods and services for local as well as overseas transactions. Predicting when it will be fully integrated in financial system, will depend on technological advancements for seamless usability ,regulatory frameworks and pace of global adoption.
In our country, we are not allowed to use crypto for payments, the government is afraid that they will lose control of the economy, but accumulating and trading crypto has become popular. Most people use USDT money transfer services without knowing about blockchain technology. The agents of this service all use fiat-USDT-fiat to serve users. BTC and crypto were also mentioned on national television, everyone realized the potential of this market, similar to the stock and real estate markets. I truly believe we are in the crypto era. |
|
|
|
It never enters my mind until these threads come up. Yea there is a probability of a sell off at some stage. It would go against everything he preaches and there is a chance that the majority of his co investors are on the same page as him so they have a loooooong outlook.
It depends on the amount of Bitcoin being sold, there would be an affect but in the end Bitcoin is bigger than any one entity.
No because as above Bitcoin is greater than any one entity and I'm not a trader so events whatever they are wont affect me in the long term
When MS holds BTC, there is always the possibility that MS will sell BTC to make a profit and they can explain it with some silly reason like Tesla used to sell BTC to test the liquidity of the market. Saylor may be a BTC fan but he does not own MS. He is just the CEO, the decision-making power belongs to the board of directors. With around 200K BTC ~ 12B USD, the impact of the sell-off will be extremely large. I hope they will sell partially or in multiple batches, both on CEXs and on OTC to minimize the negative impact on price, MS will also benefit by selling at the highest possible price. And I also don't expect that we will have some fake news about this issue when MS's X account may be hacked again in the uptrend |
|
|
|
most projects that Dan started, he also left and then the project died. almost all his projects, It is surprising Bitshares is still in the market but the STEEM continues to be traded in the best exchanges.
i still have EOS left staking RAM and CPU, i think there are only a few of the investors anymore who are trying on this token. there are popular dapps on EOS that users are enjoying still to this day. i still am getting some EOS now and then. the token is accepted in many casinos too.
Dan is a tech genius and he has great vision and solutions, but he is not a businessman. Dan doesn't know how to make the project attractive to users through profits. Ultimately, when Dan's vision conflicts with the project's interests, Dan will leave, as happened with BTS, STEEM, and EOS. Currently Eos is going through the most difficult times when many technological advances cannot support the EOS token price. ENF has tried many ways but it doesn't seem to be effective, even the investment from DWF Labs has not created significant momentum on the price chart. I really love the Eos project but there is no reason to hold EOS. 1: I can't remember if any them were called actual ICOs as the acronyms changed after icos started failing a lot. But yes, i participated to many of them.
2: I can't recall if these were in 2018 or soon after, but Dusk Network had a private sale and that left me sunned because i never faced that level of their professionality. Everything else compared to it seemed like scams and dusk team was only intelligent adults in the house. And 2 mining companies that were straight up scams. Another one was raised enough money to get legal consiquences for their scam. Other one got away.
3-4. All of them except dusk were rug pulls, but i managed to swing 12 eth profit with other one before it died and ended up to be in profit. Sadly i didn't just leave it totally after it but invested some of the profits.
There were scam icos in 2014 that left more lasting impression then these hypes. In 2017 everything just went stupid. I should write another topic about that.
2017 had so many ICOs and I didn't even know about the Dusk Network project. I hope you are still profitable from 12 ETH, that is a huge fortune if you are still holding. In 2014 I did not participate in the crypto market, maybe at that time there were only BTC, LTC, DASH, DOGE, XRP, BTS. I hope to hear your stories about this period. |
|
|
|
You are bringing up a handful of topics, each of which could be discussed separately since they are all special cases that could have unpredictable effects on the economy as a whole and consequently on bitcoin price. For example WW3, collapse of US, hyperinflation of dollar, military expenditure, etc. each of these topics could have unexpected effects that create chain reactions in the world including recession that has negative impact on bitcoin.
- For the time being and under normal circumstances, US will keep creating more debt slowly devaluing dollar hence creating slow inflation that will also help bitcoin price grow.
- As dedollarisation continues, there will be less destinations for US to export that inflation that were decreasing the devaluation of dollar so the devaluation remains domestic and dollar dumps more creating bigger inflation hence helping price of everything including bitcoin go up.
- In case of a bigger dedollarisation and a dollar hyperinflation, the US regime's expenditure will have to decrease meaning the military industrial complex will be the first to fall and we can experience a short term period of peace in the world.
I don't find too much correlation between BTC and the US economy. Although BTC price is supported by BTC Spot ETF in the US, BTC does not depend on a certain country. Even if the economic crisis leads to hyperinflation, a solution can be applied such as using the BTC standard to issue fiat, or confiscating the gold of the American people again to apply gold standard. I believe that the US government will not let the world's leading economy collapse. To protect peace, we need a powerful army ready to go to war to protect peace. Therefore, I believe that the existence of the US military is necessary, for example to protect peace in Taiwan and South Korea. I do not expect the military industrial complex to collapse, the US military needs them to have the best strength. |
|
|
|
I agree with this statement, I think it is quite good and we should be considering the situation to be growing a lot better. Right now Bitcoin is the present, I would not call it crypto is the present because those are not the same thing. Alts still have a million miles to go, and that is why I think they are the future, maybe not even the future as well, so we should be careful about them and not really consider them equally big.
But, if we are talking about bitcoin itself, then we could think that we are going to consider bitcoin as the present since there are so many things are happening at the same time. This is why bitcoin is our current present and that means we should be considering how prominent it is already in peoples lives.
It is true that although BTC has become widely accepted and has become a global topic, the majority of Altcoins still do not receive attention. I think Altcoins need more time to develop and purify themselves so that the largest projects can be mass adopted and bring real value to life. After all, BTC is a cryptocurrency, we may be in the early stages of the crypto era: crypto is seen as a method of money transfer, payment and reserve asset. |
|
|
|
I think OP should make clarifications about the period of airdrops. Because airdrops in 2018 were totally different from airdrops in 2021, and totally different from airdrops in 2024. Why? Because here is my story. In 2018 I have participated in airdrops and bounties and due to large number of them, received something around $1-5 from an airdrop in token equivalent if I sell them at once. In 2020-2021 there were dex airdrops and I think I’ve got something around $500 from 1inch (I know that the amount might be different, but I have sold them for $500 only). Now it 2023-2024 is different era, retrodrop era. People make thousands from it. My biggest result is $+1000 from it.
I want to mention all the airdrops in your investment history. The airdrop value may not be calculated in USD, but in tokens, for example the airdrop of 1 ETH in 2017 is worth more than 3K USD today if hunter is still holding that 1 ETH. The potential of projects is getting bigger and the value of airdrops is also getting higher and higher. Many airdrop hunters have changed financial positions from participating in airdrops from Layer-2 or Restaking projects last year and this year. Congratulations because you are also a hardworking and successful airdrop hunter! Airdrop makes people rich, whenever I see screenshot of people who gets airdrop it gives me spirit to try but my luck is not too good with Airdrops. I worked on Zeta chain projects and also completed many tasks but at the end I was ineligible. I don't know which task was left which ineligible me. People got 10000$ profit and I was just on the read only mode. Similarly Starknet did same and despite of farming for one year I got nothing. The only big airdrop was Arbitrum where I got 2200$. If I holder till now the price would be 3600$.
Airdrops have a lot of different requirements and you may have missed an important requirement, which is quite a shame because those are very quality airdrops. Regardless of your success with Arbitrum, your Airdrop value will increase along with the ARB token price! Let's focus on the ongoing and upcoming Airdrops this year, I believe they will be even bigger than the airdrops in 2023. |
|
|
|
|
Show Posts
