Now a days, I have observed that out of ten projects three or four are of new exchanges. At the moment there are so many exchanges available for cryptocurrencies. When we invest in other projects and its token got listed in one of the new exchange, we have to create account with that exchange to trade those tokens.
Do you really think that there is a need of so many exchanges? isn't it very complicated and lengthy to keep accounts in many exchanges?
Please share your views.
actually all we need is a few exchanges like, 1 DEX for each DApps Platform and some CEX to exchange crypto to Fiat. but unfortunately many people who want to benefit from this industry, eventually many exchanges that are not worth releasing. the effect is that many altcoins don't have a trading volume because of the listings there. |
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Crypto currency can be a funny world; As a bounty hunter and as a trader over the past year; i noticed a trend.
Trading altcoins and bitcoin is not always about skill.
Sometimes, my poor decisions fetch me profits; while well researched projects messes up;
Likewise bounty participation; well researched, unique projects end up not paying or delaying rewards; while rushed in bounties with high risk pays faster.
The thing is to just trust the process, and focus on it; it can only get better.
all about luck. in the end the analysis will be broken by luck. I often experience this, when I trade I always research and find out all the rumors / speculation before buying. but even though I think my prediction is right, sometimes I fail just because I'm unlucky. selling late and other the biggest reason I lose in every trade. |
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it's enough to speculate about good altcoin. because in my opinion all altcoin right now is not worth holding. it's better to buy bitcoin, it's definitely safer than risking your money just for altcoin shit. ethereum, litecoin and other altcoins are now experiencing a slump. buying altcoin now is not a good thing.
so basically hold BITCOIN, if you want to get profit...
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in mid January 2018 ethereum was in the range of $ 1,377 and that was the highest achievement of ethereum prices in 2018. and in 2019 ethereum there was no significant change, at this time ethereum was still stable with prices fixed or in the range of $ 190.
if the ethereum price decline continues, it looks like the tokens generated from the ethereum platform will not have high selling points and most likely the project developers will also no longer use ethereum's platform. isn't the end like that?
yes maybe that will come true. but one thing I know is that ethereum will definitely rise again soon. yesterday we saw a deeper decline than this, and at the end of ethereum successfully recovered. that's why I'm sure ethereum prices will definitely come back sooner or later. if we look at all the coins not only ethereum which falls, bitcoin and all other altcoins also experience the same thing. and this is also one of the reasons why I still believe. |
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Other than for payment, I think bitcoin (Blockchain technology) can be used to overcome the game piracy problem. we know the problem at this time there are many pirated games that can be downloaded for free on the internet, and this is very detrimental to game developers and distributors.
the current system is too easy to hack, if using blockchain I'm sure this kind of problem can be overcome.
one product key/activation key/private key for one device. and all stored in the blockchain network, isn't that great?
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Technical analysis is better, but that doesn't help much for Altcoin which has a low marketcap. because all analysis can be broken by several people, if they have large funds they can manipulate it.
so technical analysis suitable for coins such as bitcoin, ethereum and some top-ranked crypto coins.
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Last year i see how many social media platform failed to start good project.
I dont know technical reasons but i see how projects die with dumping price on exchanges.
Maybe our blockchains even young and slow for this type usabilities.
it's still worth using, but can't compete with social media that is already popular. although blockchain-based social media is safer, people still don't really understand how it works. so for now I don't think it will be popular but in the future maybe social media like Facebook or Twitter will be inspired by the blockchain. |
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I myself also just found out about what has been done by the Utrust team,
and I think we should appreciate them because I believe this team has worked hard
Working hard? Yea, they have worked so hard until UTK price down from $1 to $0.02 now https://coinmarketcap.com/currencies/utrust/ (it's down more than 5000% jusy fyi). If you are gonna saying "But dev have nothing to do with UTK price, because it's market bla bla bla", i already knew about that. If you guys ever read when binance coin was launched, it was down a lot until CZ decided to buy it with his own money (through it doesn't give any big effect) this is the problem of the Utrust project. I feel Dev just kept quiet seeing the price of their tokens destroyed. no efforts were made to overcome the problem of this fall. and for more than a year the Utrust project has been running, producing nothing. then what do we get ?, nothing. I don't even know how to use UTK tokens to buy things on the internet. |
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So I have two questions
1. What do you all think ETH Price will be ?
2. Why do you think that price will be possible ? Give us a reason be it technical ?
Lets speculate only until Dec, 2020.
1. I'm not really sure, maybe between $700- $1K. 2. next year there will be the release of ethereum 2.0 and halving bitcoin. this makes me sure there will be a big pump for ethereum and all altcoin. the price that I predict is still very low, ethereum could reach ATH once again. if demand increases after the release of ethereum 2.0, ATH is no longer a possibility. it could be that before the end of 2020 the price of ethereum already exceeds its highest price. |
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no, ethereum isn't too old yet. it's just that now it's having a problem, so it looks like it's no good. if ethereum can do an update, I believe ETH can return to good as before. so the point is they are still not old enough and can still compete with other platforms.
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I think the only problem here is exchange. maybe for a large exchange I'm not a problem, but what about a small exchange. this is what we should focus on.
it's useless to make any rules, if the exchange is doubtful. Examples such as coineal are indicative of scammers. I want that in the future there will only be a few exchanges that focus on running IEO. to make it easier to monitor.
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Guys, i am new here, i was buying ETH today. I'm not really following this, i just thought ETH is still cheap now and 2020 seems cryptocurrency get many big event (libra, ETH 2.0, btc halving day)..
Did i wrong ? Did ETH still good ?
for now I don't recommend buying ethereum, but that doesn't mean ethereum is bad. I think it is better now to wait until the ethereum prices start to improve. if seen from the chart there will be a decrease that will occur for ethereum and maybe almost all crypto coins. |
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now i'm only interested in bitcoin. after the fall last year, I no longer buy altcoin. especially when the market increased early last year, I saw the average altcoin not increase. so I decided to only buy bitcoin. but despite that I still have some altcoin left over from yesterday's fall, like ethereum, Monero, EOS and some new altcoins.
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Libra will not threaten bitcoin. this coin will encourage the adoption of crypto throughout the world. with libra, the whole world will be open to blockchain technology. this is good for the crypto market, can have a positive impact.
so no need to be afraid. I think the only thing to fear is not bitcoin, but stable coins. You know Libra is a stablecoin project. if this is released there will be a new stable coin, it might even kill the coins that already exist today.
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when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
I will leave the market for a moment. after I start to calm down a bit and have the energy I'll come back. but I will not buy, but to see the situation whether it has changed or even become worse. this is what I always do, when I'm stressed out at the bear market. |
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there are too many projects about exchanges now, and everything looks the same.
do you think there are currently too many crypto exchanges? and when the platform was released did anyone use it?
if seen at this time, there are still many exchanges that do not have trading volume. then why are they still making projects about exchange?
I think that not worth to think about those who about You not thinks.Exchanges will be a lot or a little, what do You care? Personally, I use about 8 exchanges and not interested in new ones.(new-only in the form of exceptions).Not interesting for the user exchange will disappear by themselves.There's no doubt about it. I agree with you, eventually the exchanges will disappear by themselves. so we don't need to care about it. after all there is no advantage in using an exchange that has no trading volume. |
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This project will not hold an ICO / IEO, so how can they get development funds or for platform operations later ?.
whether from the beginning they already have funds, and only need to release Plaform alone ?, if yes, this is good for the project, so they just simply focus on promoting their project.
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oh shit, exchanges like Binance can be hacked. and this isn't even the first time they have been hacked. and they say this is an old case, so it means that so far they have not informed that the KYC document has leaked.
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each coin has its own advantages. so don't compare each other. EOS is good but it's hard to be like BNB. BNB has a very large token ulitas now, there are many people who need BNB. so it's normal if the price goes up. whereas EOS for some time, I didn't see a surge in demand in the market. so it's hard to be sure that EOS will rise.
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The reality is, anyone who currently holds ltc will state it's a solid investment. Others may be a little more skeptical.
Right now in this market, anything but BTC seems pretty risky to me. LTC could certainly go up in the future, but at the same time it'll probably only do that by riding on BTC's coattails... which means one might as well just hold BTC instead.
all crypto coins are at risk, it's better to hold bitcoin. if in the end all the existing coins always follow bitcoin. for what holds other than BTC. Litecoin survives only because of speculation so it is difficult to say that this coin will be good in the future. |
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