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2901  Economy / Trading Discussion / Re: Why Bitcoin price is so volatile? What are the major factors that drive it? on: March 09, 2021, 06:58:14 AM
Maybe because cryptos like bitcoin are purely driven by the demand and supply it doesn't become more volatile than other asset like stocks etc. Stocks performance usually heavily affected by the company behind it meanwhile paper money affected by the government that issued the money.
But overtime if there's many crypto company out there and they are growing day by day until they reach the point where most of them could compete with the large corporations that already exist, i could imagine bitcoin and any other crypto becomes less volatile.
2902  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How you can determine the expected price for a new altcoin? on: March 09, 2021, 04:27:27 AM
It really depends on the people behind the project itself whether they value their project as high value or some mediocre ones. Total supply also contribute a lot to the price of a new coins by the new project but isn't absolute.
But most of the time people who creates new coins priced it at price around few cents so it doesn't seem too expensive.
2903  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think the price of BNB will go above $ 300? on: March 09, 2021, 02:27:58 AM
Cryptocurrency price movements can be influenced by increased usage, meaning that when more and more people use BNB coins or use the Binance Smart Chain platform, it will immediately provide a good movement towards BNB prices which will be easy to reach the price you mention.
Considering the transactions in its Blockchain is already overflowing it actually already have a good amount of users but the price still far below ETH although the total supply is kinda close between the two, imo it's still undervalued but considering that the factors that affect BNB is not just the coin itself but also binance, people always bringing up binance profits and valuation whenever they come to talk about BNB kinda speaks a lot about what affects BNB price the most.
2904  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 08, 2021, 10:51:24 AM
Only very little people have preserverance needed to be success and that goes to other things aswell, even in life only very few people could succeed the rest just becomes canon fodder for the succesfull people but when it comes to trading im pretty sure the remaining 5% consists of vip groups that got fed with information from the higher ups people and very few individuals, (no im not talking about crypto but stocks in general) but when it comes to crypto I guess people like the small fries have more chance.
2905  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you expect the Altcoin rally? on: March 08, 2021, 09:43:46 AM
I speculate that Alt will rally between March and April. I'm still waiting for that to happen, me and my friends talked about Alt season that it will come in a few weeks. I hope Bitcoin stabilizes at $50k and Bitcoin Dominance drops below 60%.
Bitcoin mantains $50K price while having dominance below 60% could only happen if all those altcoin performs really good and probably scores 3x of its price before the bullrun but it's really difficult. When there's altcoin gets pumped there's also those that gets dumped.
Though current btc dominance is just 60.2% but seeing the market cap gap quite difficult if the top altcoins dont move.
2906  Alternate cryptocurrencies / Altcoin Discussion / Re: IDO is going to replace IEO? on: March 08, 2021, 07:55:01 AM
I think there is no matter, how token sale is called, because there are only few differences between all of these types. I`m ready to participate in any sale model, if project is really good. Evolution of sales model is natural and there is no surprise that we can see some new token sale types every year
The thing that we argues here is whether IDO really a good alternative to IEO while many of us still doubting this new method of token sale.
It's obivous that IDO as of now still feels premature and most of us doesn't really feel familiar with the way IDO works. Coming back to the main question, I'm sure IDO won't replace IEO since there's just nothing wrong with IEO until now considering all the reputable exchanges who held IEO most of them thorougly review the projects and not just throwing some useless fishy projects.
2907  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum gas problem to be resolved in July on: March 08, 2021, 04:58:49 AM
I can't believe it. I certainly hope that the problem will really be solved.
We've been waiting for a very long time, and it's strange that they can't solve this problem for so long.
Solving the gas problem isn't as easy as you think it is and if I recall correctly there's this rumour about the miners disagreeing to the devs decision of making the whole eth blockchain into POS and to increase the tps through layer 1 and layer 2 (sharding and side chain if im not mistaken).
its basically a lengthy process but hopefully once all of those successfully solved we won't see the blockchain having too much gas price.
2908  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum to 100k? on: March 08, 2021, 03:28:55 AM
I think it's because to reach trillions of market cap you need enough liquidity and cash flowing in to the market other wise if there's not enough liquidity people gonna start to dump it and if ETH price going $100K pictured as ridiculous because their total supply that keep increasing day by day and how much the circulating supply of this coins out there. even BTC with its limited total supply still having a hard time reaching that high.
2909  Alternate cryptocurrencies / Altcoin Discussion / Re: BUSD Vs. USDT on: March 06, 2021, 08:27:49 AM
I'll think carefully about keeping these coins.
Stable coins.

Maximize usage of them but never keep it for a long time.
It's not an investment tool. It's just to make the trades faster and easy to handle.
Most of us convert all the time to USD that is why they make such coins. Exit as fast as you could while making profits in using them.
Stay with Bitcoin or trustworthy alts but keep in mind to also never leave it with an exchange.
tbh if we're did nothing wrong and all verified in an exchange there's actually no problem in holding stablecoins like these, even exchanges nowaday racing to offer staking plan for their customers but it's just how these coins actually owned by private company that makes it more vulnerable if compared to decentralized coins, they're safe but certainly riskier than the decentralized coins out there, just my 2 cents though but if the amount of stablecoin we owned is some shrimp amount no one gonna bats an eye.
2910  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB has surpassed ETH!!! While BNB still 7x cheaper than ETH right now on: March 06, 2021, 06:56:07 AM
It's good when the transactions spread out across blockchains, as I've seen lately ETH gas fee price also has decreased aswell maybe because many people migrating to BSC atleast it makes sense to move ERC20 token right now.
Hopefully BSC's transaction volume rally is not some temporary things so we can get the best of both worlds.
2911  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal Experimenting with smart contract !! on: March 06, 2021, 05:50:32 AM
in my opinion it's good news. It's time for many large corporations across the world to take advantage of blockchain and leave those obsolete, vulnerable systems.
If paypal's experiments turns out to be a huge success then it's time for further mass adoption of crypto to appear on various sectors. Though we need more information about this experiment more but I could see that they have seen potential on smart contracts maybe influenced by those stablecoins.
2912  Alternate cryptocurrencies / Altcoin Discussion / Re: Volatile Gwei Gas Fees help! on: March 06, 2021, 04:03:33 AM
You should always set the gas above what's shown in ethgasstation, they're calculating average fee based on previous block meanwhile many exchanges set gas fee at high rate (still influenced by previous eth gas craze). They're not the absolute guide for setting the gas price so therefore a precaution needed which is setting gas above rate of gasses from previous blocks.
2913  Alternate cryptocurrencies / Altcoin Discussion / Re: Insane Gas Fees on: March 06, 2021, 01:37:25 AM
i see just gets worse ERC 20 tokens cost a very high fee can even play an estimate of the assets we have many have complained about this but until now there has been no solution at all, I plan to leave the ERC 20 token if it continues like this
The team behind ETH said it's gonna get resolved in july, but it's always good if projects or people starts using other blockchain whether by wrapping coins or tokens since it's gonna lighten the burden since the traffic gonna be spread out therefore maybe before july the problem resolved itself but honestly it's indeed ridiculous but right now the fee already going down.   
2914  Alternate cryptocurrencies / Altcoin Discussion / Re: Crpto investment in 2021 on: March 05, 2021, 09:54:57 AM
It seems to me that the most profitable investment projects are easy to find on Polkastarter. Mad X's, look at the infographics, almost every project shows very large growth.
This is the same phenomenon that was with IEO, now on the IDO hype and everyone could try to take part in one of the sales. Yes, it is very difficult to get there, but given the number of past IDOs, everyone could try.

I always assume that the projects coming out from there usually already hype then they limit the supply which left excess demands making the coin pumping in the market.
Quite a good strategy to kick off a new coin in the market and making it popular since you know coin that are pumping usually being talked a lot in some trading group. But it's no doubt that the track record showing many succesfull projects there.
2915  Economy / Economics / Re: Can the world be without poverty on: March 05, 2021, 08:43:46 AM
A world where there is no poverty is a world where people could get what they want out of thin air, even if there's universal basic income there'll be some people who always gonna spend all their money for the most useless things.
Poverty is not only state of financial condition but also state of mentality, in short it's quite impossible. Not to mention there always some people who want to fulfil their greedines through any shady means and could create poverty again.
2916  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin can x10 for now? on: March 05, 2021, 06:28:00 AM
It's usually a new coin or low market cap coin that could easily reached that and coins with high market cap usually gonna have a hard time. But, big coin like BTC and ETH still have the chance reaching that high but maybe time needed is significantly higher, after all higher market cap means lesser manipulation while lower market cap could go up that high easily because of manipulation, hype etc.
2917  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Polkadot going to Kill Ethereum? on: March 05, 2021, 03:06:24 AM

Hopefully that will happen, polkadot will continue to grow and be able to compete in the market and dominate at a good price. but we need to know together that Ethereum will not be defeated by any Altcoin. Ethereum will still be the 2nd digital currency after Bitcoin
Everything is possible in crypto though, ETH surely have massive market capital as of now even far surpasses those coins that are below #2 but isn't it good if there happens to be competition between ETH and other coin that could compete while having quite close market cap, if that happens we definitely won't see eth blockchain being too overflowed with all the transactions and the upcoming developers who wants to create token some of them could go to ETH's competitior.
2918  Alternate cryptocurrencies / Altcoin Discussion / Re: As being a miner, what can i do when the Eth is falling on: March 05, 2021, 01:50:43 AM
Maybe just sell some amount that you think enough to keep you going and mining ETH and let hold the rest of ETH when market is bearish. Holding 2nd highest market cap coin doesn't sound too bad and honestly you can also stake it so it's gonna triple the profit when the bull run comes.
2919  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull run is over? on: March 04, 2021, 10:53:12 AM
I don't understand why people just roam around telling everyone that "Bull run is over"..!!
Cant people see that investors are buying Bitcoin and stashing in wallets every time BTC drops below major support levels..? I am just waiting for more consolidated alt season, only then the bull run will be in its full potential.
That's normal if people keep asking whether the bullrun is over or not maybe because some of them wants other people's opinion regarding the state of the market but I do agree just going around saying bull run is over kinda doesn't make sense to me. IMO even the term bullrun and bearish is time relative based on each people, those who intent to hold for a long time gonna see the price of bitcoin as reflected by current chart as bullish since the very beginning despite all the ups and downs.
2920  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH now available on Amazon Managed Blockchain! on: March 04, 2021, 07:39:09 AM
Doubt that, it's just AWS offering service and nothing more. Also, majority of people aren't really that knowledge able to take advantage of this service therefore might have a really little impact.
But, it's still a good thing for ETH to get recognized by amazon maybe because sooner or later they gonna need to accept it anyway, but I doubt it could even make the price goes beyond $2000
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