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I don't know who bought this painting but it seems to be overvalued and of little artistic value.
I see it as representing a new collectible trend for NFTs. Maybe in the future, we will see more worthy things in this market. NFTs are starting the trend, hopefully not being overblown like the ICO trend of 2017.
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So they are now proving the chinese government's worth even without the U.S government? I think yes they are indelendent and is a communist country to which ideals are different from US government and to other countries. However, I do believe that they can't completely eradicate the exchange of the US dollars even if they will.be using cryptocurrency for it as they had made an announcement regarding on this matter. Well, let see and wait what chinese government can do for the betterment of their country.
You may not have heard of Shenzhen, which is a technologically strongly developed SEZ. They can be called the Silicon of China. China's rapid pace of development is clear. If you want to know what they have, find out about them. They have created their own domestic value supply chains and reduced their dependence on foreign countries. All of their stats are good. They have many financial and technology corporations such as Alibaba, Tencent, Huawei, Xiaomi ... These corporations are emerging quickly and steadily reaching the world. With the rapid appreciation of the RMB in recent times. It can be said that they have increased their per capita income. |
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Recession cycles have been predicted and people are more aware of recessions than before. Every 10 years the world has a huge turnaround of wealth, money from pocket to pocket, so there will be a new generation of billionaires.
The world prints more money to serve people's spending, banks are willing to lend people at good interest rates and they can borrow when they have assets or youth. Many people have fallen into a trap and have to work lifelong to pay off their debts. The more people want to borrow, the more money will be printed out. That is how the modern world economy works. I find lending recently easier than before.
As for Bitcoin, I think it is a solution to stop inflation and lose the value of fiat currency. The more money the world prints, the more Bitcoin will continue to appreciate it.
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Bitcoin has a very good buying zone, and the price increase of bitcoin has been predicted. Currently, bitcoin's block rewards are halving, the hash rate is increasing, companies are actively buying bitcoins, the number of bitcoins on exchanges is falling, Bitcoin has been stable above $ 10k for days in a row. ... the reasons above are great for a bullish bitcoin scenario.
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This is the main reason for Bitcoin falling in price today. There have been some scandals regarding centralized exchanges recently starting with Bithumb, Kucoin, Bitmex, and OKEx. What will the next exchange be in trouble? I'm thinking of Binance and Houbi. Centralized exchanges have performed poorly this year. They list ambiguous projects, have been accused of fraud, and have security concerns. Centralized exchanges are indirectly destroying the crypto space with their scandals. Particularly OkeX, they recently requested $ 1 million for listing a project called LAMDEN. They guarantee their listing and promoting them to everyone. The $ 1 million fees are too high and unreasonable. https://twitter.com/stuartrfarmer/status/1316074581040328706 |
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You can use Lamden, which is a new blockchain with many features such as high transaction speed, low cost, scalability up to 100,000TPS, and easy programming with Python. They have plans to provide their own focus chain for the business. I think karma also needs privacy so Lamden's direction is appropriate. If you are interested you can contact the team at https://t.me/lamdenchat |
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The socialist will be a civilized and scientific society, in which we will have only science and correct spiritual life and ignore passions, supernatural.
Socialist is a society with a high economy, science and technology. All people for the common goal of society, self-interest and exposure will disappear, no class, class, people for the common goal of society.
I think it is a utopian society that is difficult to achieve when capitalism is going on now and the rich get richer, the poor get poorer. Those rich people will never accept such a society, we will find a way to maintain their position.
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Bitcoin is not just for investors, but bitcoin is for everyone. I find bitcoin to be a fast and cost-effective international money transfer medium. Bitcoin is a store of value, people can own bitcoins or use them to pay for items in countries that accept them.
Currently, bitcoin is being accepted more and more around the world. Bitcoin is exchanged daily, so Bitcoin is not just for investors.
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Russian currency have big problems
The only Country is left is China who want to Deal with russian currency.
But in Russia Everybody who knows that ruble is highy inflated and all most worthless they all ready use thether cryptocurrency.
The Coming sanctions can only proof that currency is close to de valuation.
As the Russian natural resources was Main reason to buy ruble to buy and export to the west.
If China will not do any Exchange with rubles its sign that currency will be devalued.
Did you mean the liquidity of the cash flow? Russia is exporting most of its natural resources and weapons to regional countries, while imports are related to consumer goods and foodstuffs. If in the future they can no longer sell weapons and export products from their own national resources, the economy of this country is very worrying. |
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Dollar demand caused by overall usd usage around the world and also caused by latest usd printing - people still pay for things, thus value of money is still there.
Of course it is temporary, but my point is - its not all about oil
If you pay attention, any product from the US must be purchased in dollars. Oil is an example of dollar liquidity. It is the setting up of the Petrodollar that has caused the liquidity and value of the dollar to continuously increase since the oil fields in the Middle East were exploited in the 1970s and 1980s. America gets richer and the dollar is stronger than any other currency. A loss of dollar liquidity in the oil sector can cause a dollar value collapse. Right now Russia and America are having an oil war. Currently, the damage belongs to oil companies. Most of those companies are from America. |
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I think DEFI brings money flow to the crypto market. Investors join DEFI and, after making a profit, they will continue to buy other cryptocurrencies. And Bitcoin is always the first choice, so bitcoin will increase in price.
Currently, the DEFI projects are being withdrawn and bitcoin has been above $ 10,000 for a long enough time, about 3 months, a good price for growth higher.
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UNISWAP is a DEFI with the highest locked liquidity pool in the market because of the reputation of the project and the value of the UNI token rewards.
Many other DEFI projects have high rewards and greater returns, but they do not last long because of the high returns, the risk of fraud, and the opacity of the project.
People choose UNISWAP because it is safe and sustainable. If there is another project better than UNISWAP, they will withdraw their money to carry it to that project.
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I think we need banks because it is the legal authority and a bridge between us to fulfill our obligations to the state such as paying taxes, paying bills and using debit card services. debt, ATM card.
We can use bank accounts to make crypto purchases and sales.
We need to accept banks with cryptocurrencies living together, they are only complementary and not completely interchangeable.
The purpose of Bitcoin is to make payments and it is not to replace or destroy banks so it is necessary to accept the objective existence of the bank.
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We put our faith in the markets when they were so new. HOLD became the specialty in 2017 when there were many projects where people won and made a lot of money, they thought the tokens of these projects could go even higher.
We do not have the experience or skills to handle our transactions yet. Putting too much trust has made us lose money.
Currently, the market has adjusted deeply and there are not many projects that can reach the ATH level again in 2017. It is the law of the market, eliminating bad projects, no longer suitable for the progress of electronic money. We need to consider carefully when deciding to hold any crypto other than Bitcoin. I'm inclined to make a profit and get out of them before it's too late.
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The project looks good but I wonder if they currently have any DAPPs on their blockchain? Has anyone used Elrond to transfer money? I want to know about their experience with this project.
Previously there were many similar projects, a new type of blockchain, and the desire to replace Ethereum but now that is not happening.
No one can replace Ethereum I agree with you there 100% I have used Elrond to transfer money (ERD, EGLD) and, they were really really fast and cheap. I not sure but, I think they already have a couple of DAPPs on their blockchain. Currently, many projects allow fast and cheap transactions to be sent. A project that enables smart contract implementation needs to ensure technical factors such as fast, cheap, and easy to implement DAPP on it. Anyway, Elrond has done a great job, hopefully, they have more improvements in the future. |
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The project looks good but I wonder if they currently have any DAPPs on their blockchain? Has anyone used Elrond to transfer money? I want to know about their experience with this project.
Previously there were many similar projects, a new type of blockchain, and the desire to replace Ethereum but now that is not happening.
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Not even close to reality, check the results. The top countries in Europe for example are Russia and Serbia, nobody is rushing to invest in them, rather then that you should think of the good results are people desperately wanting to learn to get out of there. Certainly, the maths are trying to break out of the country and find an academic environment that matches their abilities. Again contradiction, as China scores better than Vietnam and Malaysia is at the middle bottom. Second, nobody really gives a damn about those scores, it's like the Olympics in sport, the USA is getting so many medals and yet the obesity rate in its population is disastrous, same with math, they are second in the ranking, does it means all Americans are 4 times better at math than germans? Youtube disagrees  I'm just talking about the ability to consider the investment. The number of award winners also reflects the rest of the nation's education. China is being withdrawn from investment capital due to the order of the US government. I agree with you on a variety of health views, award-winning athletes, and obese people. We should only consider such a relatively accurate youth. |
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It's more like advertising, having a bitcoin atm doesn't mean people use it often because I don't believe that bitcoin atm is as fast and cost-effective as regular ATMs.
It will take a lot of effort to improve Bitcoin technology so that it is used more frequently.
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DEFI will convert to a moderate and lower profit margin. Interest will come from reality and people will have a broader approach to DEFI for many years to come.
I think that DEFI projects have been overblown over the past time, leading to FOMO of the market.
Just like the 2017 ICO, the projects that just went on exchanges were overvalued and they collapsed after the market started its downward trend.
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