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If we are just talking about market value, there is a coin that surpasses BTC in price, yearn.finance, or YFI. But of course, it cannot beat the market capitalization of BTC. I think it's better to talk about the market cap instead of the actual market value on what amount it's being traded upon.
If you want another coin to win, maybe the parameter would be on most usability or application?
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The Latest Gunbot Starter Review v21.6.3 https://youtu.be/c3l6bwI6h2EThis license is ideal for those who want to start getting into automated crypto trading but don’t want to invest a lot of money in bot right away. They want to test the waters first before anything else. Get your Gunbot here https://gunthy.org/resellers/ |
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I don't think Elon has ever been pessimistic about Crypto. He has always supported it, and I don't think he will dump all of his holdings anytime soon. He just voiced his concern about Bitcoin mining. We don't have sufficient data to validate how much Bitcoin mining is still in the dirty energy compared to renewable energy sources. Research is all over the place.
Maybe, Tesla wants that government grant that would give them even more money, and they need to put some shade on Bitcoin, for now, to be granted that money. There are Tesla Board members that made it like this as well. Not entirely all about Elon.
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I remember seeing this information as well, I just forgot where. Probably a video. It's great to see this but it would be another thing to see how long it could stay with that amount of marketcap. I think this is one of the reasons why a lot of people tend to stay away with Bitcoin, just because of the volatility. They don't think too much about the long-term too much with cryptocurrencies. Or people are just evolving to want faster gratification with their investments. That instant return with regards to their money.
It's the current trend with technology that makes it want to be fast-paced and I think this could be another pro with crypto when done correctly but we all know there would be people who would profit because of someone else's loss.
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Since the extension request of the team Joshua has been denied, this short amount of time would be difficult for them to truly decide with all that's happening. This was made possible by the team of Usyk enforcing the fight, right? Whether or not they will accept the terms, I guess they have no choice but to fight and accept terms unless they want to give the title without any effort, lol.
I don't think Fury-Joshua will happen anytime soon.
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What I think of it now is that the best approach to create new coins and to profit is to have the best marketing team and market the shit out of it and profit from those who will be foolish enough to invest. It's a marketing game now and it will never end for sure. A lot of people have profited from it and a lot of people will continue to do it because it's profitable to them.
I was even surprised when a game that I'm playing played Shibacoin song. Can't even find the song though.
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What if those whales are just redistributing it to different Bitcoin wallets that they own as well? Making it an illusion that there are a lot of HODLers too? Anyway, there's no sense with that but in reality, it will always increase in price and I hope we are in the right position whether it is bullish or bearish.
Will wait till the end of the year.
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Even putting money into bitcoin won't solve the situation because you are part of the country or system and when you make withdrawal of the coins or converted form, you still use it to buy in an inflated system, the worth of what you are getting will be lower if it was not inflation. Inflation is a big challenge to every economy.
Are you sure about what you are talking about? Yeah, it is like that but no matter what the situation is, it's always going to be better for your capital to have more in USD or in BTC. The way that you can not be affected by the inflation of USD is by not letting your money stay in USD. In that way, you lessen the effects. Taking advantage of the current volatility of your assets as well. If you compare the amount of USD you will have with the following - Hedged with Crypto
- Just HODLed USD
You will end up having more USD when you hedge against crypto because of the value of crypto will rise since the value of fiat will lessen. |
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Why not try to look at some people here and ask them for an interview? Then maybe those answers can help you understand the technical aspect of Bitcoin and the blockchain and make your article even better and precise.
It's either that or DYOR type of thing, which won't be ideal if you don't have any knowledge on the aspect or a mentor.
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I think that's why the term diamond hands come into play. There's always going to be different types of people I'm currently at the trader's section and HODLers because I have a portion of my portfolio for holding and another for trading. So I'm a speculator and just your Bitcoin HODLer. And I'm always going to buy continuously, no matter what because I believe in the asset. I'm trading because I want to speculate what happens with an asset's price and doing it automatically with Gunbot. |
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What if they have collaborated with some of the top influencers of Bitcoin to say something negative about it and hope that it dumps and then they would buy at that dip. Imagine, after a few days, it just came back to the top price. Buying BTC at that time would have given you a profit of a large amount and it's just a couple of days.
We all know that we are here for the long run but those whales can move the market with their stacks and probably need some quick money or something.
You do know that Bitcoin has been killed multiple times but it still recovered in price. It's just that there are a lot of people that have probably made money with their influence in the market.
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That's why many people and institutions are looking for an alternative asset that is not affected by inflation and makes their money grow by hedging into it. That is the reason why some companies are putting their money into cryptocurrencies like Bitcoin. It's just that it's best to prevent that, and with the current economy and tragedies that we are experiencing right now, it's a good approach to it.
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I was pretty early in ADA from $1 up to 2.2$.
I hope you found a way to recover or just be break even. The market is really volatile but I hope for the best, in this case, back up to the ATH price.
Coinbase was also down earlier in the day. Prices were down heavily today, and this resulted in heavier traffic to exchanges and sites like CMC. I wonder how much Coinbase and Binance going down contributed to the acceleration of price declines.
I read somewhere that they have resolved it already but it took almost an hour? I'm not really sure. A lot of people might have panic sold and was surprised when it bounced back right up a higher price again. Maybe they are involved with the whales having those types of orders? Or a lot of people just trying to access and it overloaded the system? Probably the latter. |
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I think what you should decide on is if you want to take advantage of the volatility of prices or just HODL on your coins. The most common stable coins have that kind of feature where they can freeze the funds. Unless you have gotten it somewhere illegal, you wouldn't have to worry about it too much. I think it's okay to have that. Since you said you are not a big investor, then it's okay to hold it in USDT or USDC, whichever you prefer, as long as you can capitalize on the market price changes. Do you think that they are going to come after your funds? There are a lot of wallets that probably deserve more to be frozen than yours, unless you are doing something illegal. Here's something to add to your read list about stable coins
[UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets by mk4 |
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Most whales took some profits, and they have already bought at the dip. I mean, they have a lot of control and power. Additionally, institutional investors have been investing more, and I think it's that time of the year that some people do get profits. I think it could've gone lower. What saved it, I think is the tweet by Elon Musk saying that Tesla has diamond hands. It just increased in price. That's a lot of power for sure.
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It was probably halting all trading services because of the recent flash crash. A lot of people now are reinvesting, and possibly, a lot of people were liquidated too. I hope everyone can recover or find a better exchange that would suit their needs.
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Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.
I'm pretty sure they would make up excuses and make assumptions a lot. Anyway, I'm happier with one of the exchanges that I'm currently trading in, FTX. It still works and I can trade. Spot or even futures.
I was very angry but now I see my ADA recovered from $1 to 1.6$ so maybe is not the end  So you went all-in with ADA just recently? Or you were in that position for quite some time? |
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I have 20k in the market its all my money.
So you aren't stressed at all? Knowing that it's all of your money? What decided for you to invest that? |
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Binance has crashed and it's still down. CMC might have been affected as well. Lol. Wouldn't you be scared if you have a lot of money invested in the market?
Anyway, upon checking right now, it still works, no crashes here.
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