I honestly like 'POL' ticker better than 'MATIC', and one token being used on both chains, it'll be convenient for the user. Also, the Polygon lab Founder is given some hints about the existing token airdrop. What do you think about it?
Source? (I checked Sandeep Naiwal Twitter, could not find anything relevant). |
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Title could have been better, it's completely different than what's proposed in body.
To answer, I'd add 'wise' community backing the project. Check any popular currencies, be it a Bitcoin, Ethereum, Atom, Hive, etc. They have genius members. You give a strong platform — community strengthens it, maintains it, promotes it.
Stay away from projects who promise quick returns, such project will only have moonbois and project will fall. By looking at the engagement between team and community, you can understand much.
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When the lawsuit against XRP occurred for the first time, the market was not affected, even if XRP price fell by 30%, so why would the market be affected when the opposite happens?
The XRP case will open the door to many lawsuits filed by the regulator against crypto companies such as Binance and Coinbase according to which many staking currencies were affected as securities, so its impact will be limited to pairs such as Polygon's MATIC and ALGO, and these currencies will not cause a change in the price of Bitcoin. No matter how expensive it is, it will not affect crypto market (because Bitcoin is what drive the market) or speed up events.
Well, but it has happened, effect is on whole market. I mean just look at the change in last 24 hrs, btc ain't exception either. Why would you disown the live data? |
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Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.
I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?
XRP is not like other cryptocurrencies. They do not promise that their currency will have more value in the future. On the contrary, I find them closer to the concept of the Chinese yuan, as increasing the value of the yuan is harmful to them because in the end they want very fast transactions with low fees. If the value of XRP increases, this means an increase in the value of the fees. We will reach a stage where the price of XRP will be stable with a large number of transactions, then we can say that this currency is successful, which is a different scenario from Bitcoin, as limited supply and higher demand will make the value of Bitcoin stable somewhere between $500,000 to $2 million. If you are betting that you will be rich by investing in XRP alone and waiting for its value to rise, then you are probably missing out on the alternative investment opportunity. XRP is suitable for short-term trading as you can benefit from fluctuations in the medium and short term. This is nothing about xrp as coin. Please re-read post. |
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I don't trust wbtc or any other pegged tokens for that matter. This is what makes it an Altcoin, since it's not Bitcoin. WBTC is actually of no real value; the value and price attached to it are just done by the developers, so the chances of it re-pegging will depend on how much the developers are willing to pump in in order for it to maintain the same price as Bitcoin.
Inaccurate, these pegged tokens works similar to USDT, it's backed by real dollars in bank account. Similarly, wBTC is pegged by real BTC in whatever custodian they may be using. |
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I'm in awe at the title, just beautiful!
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@Royse777 should include https://hive.blog with steemit as well, since fork most of community has moved to hive, if you give quick look on both, you'd realize which one is more active. |
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Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.
I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?
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I have created Stake and Trade Smart Contracts (still in the testing phase). A 0.1% commission is deducted from every transaction in the Trade Smart Contract and transferred to users who stake their tokens. How long should the stake duration be? I desire it to be 360 days with a base value.
Imo, this shouldn't even be a thing at early stage, your first task should be to get customers for your wallet, second on to give token a value and later bother with staking/mining thing and make sure rewards are distributed properly that no free fall happens to your token. By the way, there are plenty established wallets available, why should users choose yours? Do you plan to audit smart contracts? The problem here is that I don't view them as customers. "Why should they choose me?" is a valid question. But why should they choose them? There are thousands of "shit" projects out there. Produce, hold pre-sales, create pools, and dump... No, I don't want to do all that. There may be shit projects but popular wallets are free ones, people use them because it full-fills their needs. |
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Answer to later part of title, as long as there is market there will be cycles of bull run and bear run as well— one gives existence to another. Without market and it's constant alternating cycles, the chart lines would become stagnant, it would be cease to be called market then.
What??? Market is just a complex of coins that are called crypto, that's it. It doesn't matter how do they move or they don't at all. You speak like a child, with such an understanding I wonder if you earned something on crypto XD If you think over you'd understand, compare it to flat-line in ecg. |
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Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?
This is exactly the reason why I think fiat (in cash form, to say the least) will keep co-existing with crypto. |
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I have created Stake and Trade Smart Contracts (still in the testing phase). A 0.1% commission is deducted from every transaction in the Trade Smart Contract and transferred to users who stake their tokens. How long should the stake duration be? I desire it to be 360 days with a base value.
Imo, this shouldn't even be a thing at early stage, your first task should be to get customers for your wallet, second on to give token a value and later bother with staking/mining thing and make sure rewards are distributed properly that no free fall happens to your token. By the way, there are plenty established wallets available, why should users choose yours? Do you plan to audit smart contracts? |
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Even if you forget country, agriculture helps one to feed oneself/family, that's enough positive for me.
The most important need for human life is food, and it can be said that 80% of food sources are agriculture, as long as we can produce their own food sources, it will not be a problem if inflation or recession occurs, and most who have their own food sources are rural people so they are more peaceful compared to city people. Precisely, I have personal experience of that, because I hail from a village. We had pretty much null effect even during corona lockdown, when I heard stories from urban people, I was kind of surprised. In the modern day I guess the investment in bitcoin is one of the good option to save a country from recession. Since there is no inflation in the bitcoin I guess this maybe the best option provided the government has no objection on using it.
El Salvador already did that, yes btc don't have inflation but it does have high ups and downs. |
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Country one lives in highly affects one's expenses irrespective of being bitcoiner or not, I see Stalker22's response here mentioning $40 a day, in developing nation you could live for 2 weeks that, excluding rent  |
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Even if you forget country, agriculture helps one to feed oneself/family, that's enough positive for me.
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Internet has paved a way for plenty new ways to earn money unfortunately most of older generation doesn't understand that, and in less educated people or the ones living in developing nations — to them making money from Internet sounds like alien thing.
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Prediction 2: $26,165.11
bech32 address:bc1q2ttatfhjn6edf628f5hftgjpqnf3kvze74g4v0
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