10%+ Market Dominance.... $250 Broken....
Do I hear a starting gun? Or am I crazy?
this is just the beginning. so be patient. I'm also sure this will be good in the future. I keep holding until now. and let's toast for ETH, the current price has reached $270. I hope when the network starts to stabilize, eth can break the support point and start going up. Now the price of ethereum is growing very quickly and in my opinion, it even outstrips the growth of bitcoin. There are improvements to ETH 2.0 ahead of this coin and we expect them to be successful. In this case, the popularity and price of ethereum will soar even higher.
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It's been a long time here when i see a positive thread about altcoin market Altcoins are growing faster than Bitcoin. Altcoins dominance is going up against Bitcoin so i guess a new altcoins bull run will come soon. It is quite possible that altcoins will show themselves even better than bitcoin in the near future. Today ethereum is up more than seven percent to $ 262. At the same time, the price of bitcoin increased by several percent - up to $ 9493. Moreover, the level of capitalization of bitcoin today fell below 62 percent. Against the backdrop of rising prices for ethereum, other altcoins are growing as well. This is good news.
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Today, ethereum is up more than seven percent to $ 262, according to CoinMarketCap. We haven't seen such ethereum price for a long time. Moreover, it should be noted that the price of bitcoin rose by only about two percent. Is it just a temporary price spike or something more? We'll see in a few days. From the point of view of the current ethereum price, up to $ 300 is already close.
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This is very good news and indicates that Ethereum 2.0 testing is entering its final stages. Apparently, by the due date - November, we will finally be able to appreciate the benefits of these improvements in ethereum. It is better to immediately experience the vulnerability of these improvements from all sides, so that then there are fewer disruptions in the work. It is a very smart idea to involve hackers in this process.
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Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.
So what to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
Now the dominance of bitcoin is 62.2 percent, despite the fact that participants in the cryptocurrency market are preparing for an increase in prices in this market, and primarily the rise in the price of bitcoin. Altcoins are now continuing to develop and, apparently, their functional diversity is still becoming interesting to people. In my opinion, this is very good. This is a guarantee that cryptocurrency will gradually enter our lives.
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It's a problem for new comers in crypto investment. Around mid 2017, a report on mass people showed that "Bitcoin is a thing where we can invest and earn money." I'm talking about my country situation. I'm sure most of the people from other country had the same attitude and still the newbies have. We are promoting crypto as investment rather than its ease of usage. If we discuss how convenient crypto is rather than discussing it as store of value, it may possible that the adoption would increase.
People generally view cryptocurrencies as stocks that go up in value. This is precisely why it is now attractive to the bulk of people. Traders also take advantage of the high price volatility of cryptocurrencies for their earnings. As a means of payment, cryptocurrency is still very poorly used. So far, this is really a problem for cryptocurrency, since its liquidity is growing very slowly. There seems to be nothing we can do about it. After all, the use of decentralized cryptocurrency by business structures as a means of payment is hampered by its high price volatility.
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A very difficult situation has developed with the functioning of private business in any country. A significant part of private business will never recover. We also do not know when the coronavirus will be defeated. However, all adversity will ever end. The world economy will surely recover over time, even if we go through a global economic crisis. Therefore, we need patience and endurance.
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Our world cannot be completely decentralized. It should have general rules of behavior so that there is no chaos and the interests of the individual are respected. At the same time, each person should have the right to choose, the right to express their opinion and the right to personal space. That is, for the harmonious development of a person, a balance must be observed between personal and general, centralization and decentralization. Any new inventions, new technologies should be controlled by the society or the state on its behalf. In all other cases, abuse and use of the new to the detriment of a person will inevitably begin. So my question is: can the Internet be completely decentralized? For this, a person needs to be perfect and self-sufficient, which can never be.
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I like what bounty detective team are doing presently, there is no going back once a bounty got introduced by bounty detective because they use escrow, they handle the distribution at their own convenient time, you don't have to worry about not getting paid because all tokens are in bounty detective hand
Yes, I agree with your opinion. This is at least some kind of guarantee for the bounty hunters that the tokens will be paid. In addition, the detective bounty does not have a mandatory KYC check, which is also important for bounty hunters, since it does not take our time and does not create additional problems. As for the conduct of ICO bounty campaigns by a member of their team, I really noticed that for bounty hunters it is more risky with payment and such a team member often does not understand the specifics of our activities and quite often comes up with non-standard requirements that are not related to our activities, which creates additional difficulties.
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We still don’t know what will happen to cryptocurrency in 80 years. One thing is clear: it will not exist in its current form. Technological progress has accelerated noticeably, and the cryptocurrency has just begun to develop. Perhaps in 80 years everything will change so much that people will not be able to answer this question. We can only guess what will happen to cryptocurrency in ten years. It's already very difficult to say what will happen a little further
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I do not hope that in three years the price of bitcoin can rise to $ 500,000. We have been convinced more than once that the predictions of celebrities about the price of cryptocurrencies are generally far from reality. I think that over $ 50,000 the price of bitcoin is unlikely to rise. However, no one can say anything for sure yet.
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This topic will be controversial until lawmakers in India or the government of this country decide to legalize cryptocurrency or ban its circulation. In the meantime, India still does not have a single normative act regarding the regulation of cryptocurrency. We do not yet know what decision will be made and therefore we just need to wait. Residents of India need to convince their government and put pressure on it to make a positive decision on cryptocurrency. The situation with cryptocurrency in Russia is similar, but at the same time and more complicated. It has already adopted in the first reading a bill on the actual prohibition of cryptocurrency. Even if the decision now turns out to be negative, over time the government and leaders of the country will change, the situation will change again.
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In the second half of the summer, I almost always observe a lull in all markets, including the cryptocurrency one. At this time, business activity always falls due to massive vacations. This year, the coronavirus pandemic and measures to combat it may make a correction to the traditional price stabilization. In any case, while such price stabilization is also necessary. Cryptocurrencies cannot continue to rise in value. There must be time for both stabilization and a fall in prices. The high price volatility of the cryptocurrency will still show itself. I hope that the second half of autumn will be successful for the participants of this market.
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We remember that after governments and international health-related organizations announced the rapid spread of the coronavirus, in mid-March, Bitcoin and the cryptocurrency market in general dropped sharply in value. After that, it took a relatively long way to slowly recover their prices. However, in the future, the economic decline in production and other negative consequences of the fight against the spread of coronavirus are likely to trigger the onset of a global economic crisis. Sharp and high inflation of common currencies should lead to an increase in demand for decentralized cryptocurrency as a financial asset that is not subject to inflation.
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It is unlikely that Bitcoin and other decentralized cryptocurrencies can help governments in the fight against the spread of the coronavirus pandemic. After all, this is just a digital cryptocurrency, a financial instrument in the hands of their holders. Cryptocurrencies, since they have their own value in relation to regular currencies, can be directed by their owners to solve any specific economic problems caused by the coronavirus.
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Well, whether this $2,000 will be granted or not, the $2.2 trillion CARES Act is still there. It's our opportunity to see if the mainstream economists are correct about printing money as a means to avoid recession/depression. The logic should be simple, that is the government must pay its debt. They may or may not get away with this recession, but this decision will backfire them at some point in the future, except if people will be so rich so that they can pay high taxes.
Of course, for the US government to print a few trillion dollars is not a big deal. All the same, their dollars, without any collateral, diverge around the world and are even in demand. If other states do this, inflation will quickly ruin their economies. Therefore, Americans are now in a more privileged position.
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I now prefer ethereum. This is indeed a high potential coin, especially given the improvements to Ethereum 2.0 that should be introduced in November. This coin performs many different functions and is the most popular in terms of the number of transactions. Now even stable state coins are issued on its platform.
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How long do you think the crisis can last after the epidemic? What are the most likely events to occur?
No one knows how long a coronavirus pandemic can last. In many countries, there is information that the vaccine against coronavirus is being successfully tested, but so far we do not see it. Meanwhile, doctors are talking about a new wave of coronavirus, which can be much worse than the first wave. My government is spreading information that moderate quarantine from coronavirus can drag on for another three years. You need to at least survive the winter, and there you will see.
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Ever since COVID-19 took the world by storm, people have been resorting to the world of "Decentralized Finance" (De-Fi). Ethereum-based smart contracts provide many services known in the traditional banking industry such as lending and borrowing. There's been a boom in "De-Fi" tokens over the past months as the mainstream economy loses traction. If the current monetary system collapses in its entirety, people will dive in the decentralized economy like never before. It seems that COVID-19 is accelerating adoption of decentralized cryptocurrencies as we speak. The longer the outbreak takes to disappear, the better it'll be for the growth of "Decentralized Finance". I've seen many people talking about ETH's several "De-Fi" platforms, bringing some hype to the industry. Compound tokens (COMP), and even DAI have increased in popularity in such a short amount of time. Do you think that COVID-19 will become extremely beneficial to the decentralized economy in the long term? Is "De-Fi" way overhyped these days? What will happen with crypto once COVID-19 comes to an end? Your input will be greatly appreciated. For a decentralized cryptocurrency, it is not profitable to spread the coronavirus, but its consequences in the form of a global economic crisis. It is the onset of the economic crisis and the high inflation of the common currencies of states that will inevitably arouse people's interest in decentralized cryptocurrency as a financial asset that is not subject to inflation.
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According to Roman classical law, which is also used in Russia in order to have ownership of any thing, a person must have the right to own (the presence of this thing), the right to use (the ability to derive any benefit from it) and the right to dispose (sell, exchange, give and so on). The victims had these rights before the theft of bitcoins. Bitcoins have a certain material value. Theft in Russia is recognized as the secret theft of another's property. I see no reason to refuse the claim to the victims. This is contrived by the court.
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