Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
I still do not know which banks have already launched their cryptocurrencies, however, if we talk about which cryptocurrency has more chances to be accepted in the world, I still refer to the news about the crypto yuan. Of course, all this is still at the level of rumors and news, but you need to understand that countries will not want to officially recognize any cryptocurrency that is already on the market. I see that most likely every country will be interested in issuing its own cryptocurrency.
|
|
|
As I am increasingly interested in investing some of my money in digital gold for the long term and I will invest around 40% whether this is good.? give your opinion. And I want to know a few articles about digital gold may be shared here. thank you
As far as I understand, this is about Bitcoin. Of course, I do not know what your long-term investments are, but if we assume that the market is now at the beginning of a new stage of growth, and the world is likely to experience an economic crisis, then investing in BTC for 1 to 2 years may be the right decision. However, one must understand that no one has canceled the risk and everything can go according to a completely different scenario.
|
|
|
Crypto market in 2020 is gonna bring a lot of exciting changes and innovations in the cryptocurrency industry. The market analysis reports a steady rise in the no. of cryptocurrency and blockchain-related startups. Also, the ICO’s, mining, dApps, etc. are about to increase. The blockchain industry is on the rise and expected to bloom in 2020. Many established companies like Coca-Cola, VISA, Walmart are adopting Blockchain in their day-to-day activities. Based on these analyses, it is easy to say that Cryptocurrency is the future. What's your take on this? I think that all of the above would be a great result for the entire crypto community. We have already waited a long time for the next stage in the development of the crypto market and blockchain technology. Of course I really want 2020 to be the initiator of new successes in the crypto sector and we saw the influx of new investments and the growth of cryptocurrencies.
|
|
|
What does corona virus have to do with bullish bitcoin ?? any effects
I believe that you are exaggerating the meaning of coronovirus. I do not think that the news about the supposedly raging "coronavirus" in general is related to the crypto market. I think that many are looking in the wrong direction. This whole “coronavirus” distracting maneuver from more significant events that occur in the world and possibly in China itself. Moreover, does the crypto market show big growth? I do not think, before these events there was a better growth. all these are manipulations that you should not pay special attention to. But in any case, I believe that even without any kind of events in the world, we are in a new phase of growth in the crypto market. How successful this phase will be, time will tell.
|
|
|
Have you ever heard that binance is now taking huge step to help Coronavirus victims in Wuhan China? Their CEO, CZ announced that exchange promised about 1.5 million Dollars in USD to help the victims. LinkProbably, cryptocurrency projects, exchanges and platforms aren't just made for profits of the great mind behind the project, but to willingly support the world in need. In addition, I am thinking of the possible effects that Coronavirus could have to the market, and now I have the answer, Coronavirus will trigger people to withdraw their funds and to basically help people that badly needs support, and despite of its effect that could possible turn the market down, what is important is to help, and to make the world a better place to live in. Lastly, Money and investment could be retrieved in the future, but what we could do to help China using cryptocurrency is what will make them understand that cryptocurrency is essential, and has the power to prolong life. Of course, this is a very good step from Binance, but the whole story with Coronovirus in China is not very true. I do not question Binance’s desire to help, but on the contrary I welcome it, but there are moments that make me think about all this. For example, why did Binance only now and in this situation announce its help, wouldn’t there have been other events where their help would have been good? Why don't all the major crypto exchanges and blockchain companies allocate part of the money to help all those who need hot spots in the world? I believe that this would be a great step towards the recognition of cryptocurrencies in the world. What do you think?
|
|
|
Ubisoft (A Video Game Company) is going to support cryptocurrency planning to supports cryptocurrency looking for new blockchain startups it can support. Ubisoft company is popular because of its market and revenue, develop popular games like Assassin’s Creed, Far Cry, Watch Dogs, etc. I think they should also launch their own token in the market that could be used in all of their games, Also could be used in buying skills or items in the game this could be a great token targetting gamers. Do you think they should launch their own token? I believe that for Ubisoft it doesn’t matter if it is a token or coin on its blockchain or Ethereum, for example, the main thing is that they see the future in blockchain technology and understand that this niche should not be missed. But I, as a supporter of Ethereum, would be glad if Ubisoft used the Ethereum platform and launched its token on its platform. I am sure it would be the best choice.
|
|
|
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.
1) Do better research on new projects before promoting them or investing a penny on them
2) Visit scam accusation thread on the forum time to time, it will safe you a lot too
3) If you you have to invest always invest what you can afford to lose.
Thank you very much for the recommendation. Indeed, this will be even harder for beginners this year, as fraudsters will improve their abilities and will try to cheat. However, I’m watching now there are not many new projects coming out, maybe all this is due to the reluctance of investors to invest in crypto projects. But those projects that come out are almost all meaningless and more like fraudulent ones.
|
|
|
Today Bitcoin price growth is incredible! It seems the bull run already started from the first month of 2020! Bitcoin price is 9K USD again, Chinese Lunar year is not affecting the crypto market anymore. The way Bitcoin price growing, it can hit 10K USD even before February! I strongly believe this is the Bull run and Bitcoin price will go to 15K USD before the halving! What is your opinion guys, share here!
I believe that since 2020 we have entered a new phase in the growth of the crypto market, in particular BTC. How active this phase will be, I can’t say, but I think that by the end of 2020 we should see a BTC of at least 20,000 USD. All this is due to growing uncertainty in the world and the unfolding economic crisis.
|
|
|
I remember last year, everyone was so hyped about the Binance DEX! Any project goes for Binance chain got huge pumped and price to become very high! Many good projects kept migrating from Ethereum to Binance blockchain! Even people started saying that Binance chain will be bigger than the Ethereum network at the end of 2019! What happened then? Right now, there is no hype for Binance chain and many coins have shit volume in Binance DEX! Do you think any other chain can overtake the giant Ethereum Network?
K is not strange, but this is not the first message in the direction of Ethereum. What can be said about this. Binance started as a trading crypto platform and gained good momentum, maybe they should continue to go this way, but they began to expand, developed their blockchain and their own coin, then the decentralized exchange Binance DEX appeared. All these are attempts to become better than others in everything. However, this does not mean that they will succeed. Ethereum was founded in a long time for Binance and was not created to be pushed from the leaders. I see that Ethereum will continue to hold positions and even Binance will not be able to prevent it.
|
|
|
|