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I am also a fan of Litecoin and I see how many people are worried about its price. Well what can I say? I believe that Litecoin will need to reach its previous peak in price and go higher. The only question is when will it happen? I believe that we are at the beginning of the altseason and should see the rise of top altcoins soon. Perhaps not everyone will get the desired result, but this definitely must happen, since in 2021 we will enter the brutal stage of the next cycle of the crypto market development, which has always resulted in a flight to the moon.
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Indeed, the market went down, but this is a temporary drop. I don’t think there is any reason to panic. You need to understand in more detail how the crypto market works. The rise in prices and their fall is a normal process, as it gives an opportunity to earn money. As for growth, it has just begun and of course will be accompanied by periodic drops, since there are those who fix profits and those who want to buy cheaper.
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Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it?
I'm an old ETH fan and of course I'm in favor of keeping it. To give an example, my friend asked me which cryptocurrency is better to buy for $ 140 and I told him to buy ETH, just the rate was exactly $ 140 = 1ETH and after a couple of months the rate grew and became more than $ 500 for 1ETH. My friend earned + $ 360. He was so excited that he now became a fan of cryptocurrencies. This is an example when you can buy ETH, wait and earn. What's next? I think that ETH in 2021 will cost about $ 2,000 per 1ETH, maybe a little less, or maybe more, but in any case, it makes sense to keep ETH further. |
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Hi,
You guys understand Uniswap?
As for my belief in Uniswap, I will say that at the moment I have only tried the possibility of exchanging tokens once. I can’t say that I liked it, as I was faced with the fact that I had to wait for the confirmation of transactions for some time, while I paid the commission twice. It is clear that this is a feature of Uniswap's work and the load on the ETH network complicates the process, but nevertheless, the whole process is faster on centralized exchanges. Perhaps with the release of ETH 2.0, something will change for the better, but for now I don't really like using Uniswap, unless it is absolutely necessary. |
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Interestingly, I heard about this proposal earlier, but for some reason I missed it. Of course, idena's proposal looks interesting, but will this feature be real? There are already a lot of identification services and platforms and I really wanted to see how such an opportunity would be implemented in idena. The fact that idena is the first blockchain to take advantage of this opportunity could give the platform a chance of success and make it in demand, provided everything works fine. I think it is worthwhile to study the information about the idena proposal in more detail and, if possible, try out its proposal.
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?
You know, I have always been and am a supporter of Ethereum. This is all because Ethereum has applications and this is where the big development ecosystem is. As for the emergence of ETH2, of course, this is the next step in the development of this cryptocurrency and it should improve both the cryptocurrency itself and its price. First of all, this is due to the valuable commission, as well as the speed of transactions. Of course, I cannot say that all this will happen 100%, but it all comes down to the fact that there are problems that need to be solved and it is the solution of these problems that can raise the price of ETH in 2021 to four-digit values, and maybe even more. |
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Interesting news. Thank you for giving me the opportunity to learn about this event. I often go to Coinmarketcap, but did not know that they are holding such promotions. BTC of course has shown growth quite recently and I believe that this is a call for a new flight to the moon. But of course, it is very difficult to predict exactly when the price of BTC 20,000 USD will be, it can become such at any time. Perhaps you should try your luck and join this competition, because this is an opportunity to get a good win. In any case, it is very good that there are such promotions, they will help the crypto community to actively participate in the development of the crypto industry as a whole.
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I believe that decentralized trading platforms have advantages that contribute to the development of the crypto industry. The Blocknet platform offer looks good, but again, everything is familiar by comparison. For example, for some time I worked only with decentralized trading platforms, but now I mainly trade and exchange on the centralized ones. Why did it happen? Yes, there are many factors, sometimes it is simpler or there is a greater demand for one or another crypto asset on centralized platforms. On the other hand, I also want to have good, convenient decentralized trading platforms, for example, such as Blocknet, which implement the best trading tools, which in turn have their own advantages.
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I know this have been discussed several times on this forum but yet I will like to drop this again, I'm sure few new developers are among us here, so here we go
It will be a whole new story if new projects can start paying bounty hunters in USD or stablecoin, this have few advantages over paying with your own tokens, if new projects find it as a most for people to try out their new Blockchain they should use airdrops instead, airdrops has the lowest rewards, hardly to get 2$ in airdrops today
As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
I believe that every employee wanted to be paid for their work with real assets, which can immediately be used at their discretion. Why don't the participants of the bounty companies receive real money for their work? In my opinion, it’s easier to deceive the bounty participants and, in case of failure, accuse them of dropping the price of the token. But if everything were different, then crypto projects would have to admit their failure themselves or, for example, to throw the blame on early investors. In any case, the work of the bounty participants is not appreciated and this is very bad. |
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Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.
I would be interested to know more information about this, although I believe that the collapse in ETH prices is an obvious phenomenon that has happened with all top cryptocurrencies such as BTC, LTC, XRP. How does this relate specifically to ETH? I don't think so. The market must show movement in order to grow. If you have noticed that the latter, many crypto assets were growing and there was no significant fall. We are now seeing the first act of growth and sharp decline. All this is to be expected and I am sure it will be repeated more than once. |
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The word "bounty" means getting paid for capturing or retrieving something right? There is no much difference with bounty hunting on this forum too, the meaning of bounty shows that you can't always catch things right, there will be times when failure will occur but some people wants reward for every single projects they promote, even if you are a pro bounty hunter who's very smart at choosing projects you won't always make the right choice.
start acting like a real bounty hunter, if projects don't work out then move on because it's bounty hunting
It's like investing, there is no 100% guarantee that you have invested correctly. This rule applies to every industry. There can be glitches and setbacks everywhere. Bounty participants are really hunters, so any hunter in reality you can shoot the game, or you can return with failure. The main thing is not to stop and only go forward. You definitely need to improve your skills and be able to make the right choice. |
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Guys, if you have $2k today, where do you put it? Which altcoins? Seems altcoins already rallied high and i dont want to be caught at the high.
If I had $ 2,000 to invest at the moment, I would refer to the list of altcoins and their growth history. Assuming there is a cyclicality in the crypto market, we can see that every four years the market peaks in cryptocurrency prices. The last peak was in 2017, adding four years we get 2021. And so we can assume that exactly 2021 will be a new peak in the growth of prices for cryptocurrencies. Next, we go and see which altcoins were growing in 2017 and what their peak prices were, and also see how much they cost now. This is how you can try choosing altcoins for investment now. |
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If you are a newbie in crypto world you are bound to make some mistakes but this thread is for you on how to avoind making those mistakes
1. You dont want to skip the learning part- You need to have an idea of what youre going to even if it is to make a research about it. You have read about an asset before you invest in it to know exactly what they are building.
2. You want to avoid using the wrong crypto exchanges. This is one thing you want to avoid because it can make you lose all your assets. You need to research about the exchange before even registering. Some exchanges have fake volumes and are not transparent enough.
3. You dont want to rely on a single coin- Diversification is very important when it comes to investment. You dont want to put all your eggs in one basket.
4. You want to avoid the fear of missing out (FOMO)- When you see everyone buying a trending coin you dont jump in, it might too good to be true
5. You dont want to forget the basic security. Keeping your private keys safe is very important. As a newbie you should understand how important private keys are. Also 2 factor authenticator shold be added to all your exchanges
You are right, you should always remember the principles and rules and try to stick to them. However, all this is good when you have already tried all these areas and have experience, this gives you the opportunity to see the big picture and do the right actions. But as for beginners or those who just play, they basically go the other way, namely the way of the crowd. If they say to go there and buy exactly that cryptocurrency, then the person does what they tell him. This is a great desire to make quick profits and many want it. But the rules you have given above say that you need to act deliberately and according to the rules. This is the right choice and I also follow it. |
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Creating new concepts means increasing the amount of scamming in new ways. I think i had to come back to invest in IEO.
- You know ICO had a lot of success at a time where investors weren’t disappointed, but a few days later a lot of scam ICOs were invented where investors lost a lot of their money.
- In the same way, many projects run by IEO got a lot of response at first but later they did not last long.
Again at this point in the same way Defi has created excitement where investors were smart at first time by making more profits but that is now where the scam scheme has grown and i don't think this concept will matter much anymore.[b/]
I believe that the emergence of scammers has nothing to do with the emergence of ICO, IEO or DeFi, but with the fact that these areas, like some others, are simply not regulated, which means they cannot be controlled by special bodies. Well, this is understandable, because we are all for anonymity and decentralization, but then where does the control over fraud come from when everyone who wants to do it and does it? So it turns out that the direction with ICO, IEO and DeFi is a direction that is free to operate, which means anything can happen. Try to analyze and study all the offers more, then you will have a chance not to get caught by scammers. |
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Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
I believe that the best time to invest has already passed, but this does not mean that it is no longer possible to invest. To understand whether it is possible to invest now, you need to study information about the crypto market as a whole and see the big picture. If we are talking, for example, about the price of BTC at 20,000 USD and expect future growth to 100,000 USD, then of course it is possible and probably even necessary to invest. But in order to do this, you need to know that BTC will grow. From personal experience, I know that the crypto market is showing growth every 4 years, and the fourth year is just teaching for 2021. So study the information and make the right conclusion. |
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