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No doubt they would. They are invading other countries natural resources, they sell original as well as fake products, all kind of shits are already there and they are selling it to the world. Who could fight that kind of strong manpower unless sanctions are applied due to their greediness, no country could match their economic growth.
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BNB would probably be overcome ETH in the next few years if ETH network would never fix this issues. I heard about Eth 2.0 fee's deduction versus the current one but as many of us knows, it would be as near as Binance network fees. BNB would probably be worth more market cap than eth in the next few years for sure.
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Roughly I dont specially if those centralised exchange are high risk to hacks and government manipulation. It is quite unfortunate for turkish citizens that it were force down on these exchanges. Mt. Gox hackers before were also one of the reasons why some exchanges with low defense to these kinds of attacks aren't easily to be trusted.
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A few people may be wondering about the step drop of bitcoin price these last days. It is quite usual for it to move up and down, although lately it seems that movements are faster than usual.
Just take a wider look to understand:
NASDAQ 100, last month + 8%, last year +60%
S&P 500, last month +6.4%, last year +47%
Bitcoin, last month -4%, last year +639%
Since the start of the COVID (in practice) to now, most indexed have exceeded their average returns, not to mention bitcoin. A movement such as this is a consequence and it may still be followed by more falls without meaning anything other than a profit taking and some caution around the ATHs.
The sudden drop was enormous that it only took a day to drop off from 60K to 50K. Probably a big company dump their reserves plus weak hodlers were intimidated immediately. Although its normal to markets like these, what happened was alarming and news about theories were coming out fast. |
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Despite being one of the best technology so far, it is quite unrealistic and hard to attain this so called killing the central banks. I believe due to the fact that most government will not allow the decentralisation at all due to the fact that it's not taxable. Governments will not have any funds at all.
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Its over hyped. I don't believe that this coin will further but in my guess it will dip even more. Without its real life usage and equivalent value plus without a good team, 128Billion dollars market cap is hard to attain.
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This is probably the most absurd idea a bank should ever do unless these transactions are used by criminals. These will further force nigerians to have P2P transactions.
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These policies makes bitcoin known for other who doesn't. These setbacks by governments are just precautions that cryptocurrency is volatile and you might lost some of your hard earned money but those who have experience will not hesitate.
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It would make a lot of impact specially in price. Maybe it wasn't showed in CMC and Coingecko and not all realize that but I guess within the week its price could rocket.
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Being one of the most renowned currency up to date, USDT established its name as one of the best out there. It's expansion on other network means better service and more options for all of us with lesser fee's I guess.
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Not all can develop. Not all can build crypto wallet and lastly not all can find bugs in systems. I believe those who are doing bounties are the ones with less knowledge of how things are built. We are the ones who haven't studied developing or rather programmings. I believe some bounties or should I say most bounties aren't profitable at all, but with right bounty manager + research about the campaign, I believe you could make some money out of it.
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True. But we can't force anyone to start panicking whenever red candles are showing. It is inevitable specially to those with little experience in crypto to panic sell just to avoid short loss.
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With so much trust putting in BTC, it is undeniably that this cryptocurrency will never be replaced by any other altcoins out there. I believe that BTC is the mother of all the cryptocurrency and it never be backed down by any other out there.
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Banks are bad. They get money from your money and give you a little portion of what they get. You should've know that by now especially that institutions like banks are the worst out there. Meanwhile, BTC's volatility is quite reliant due to the fact that its price is going upwards throughout the years with a magnificent return of investments.
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Why invest in stock when you know already about crypto. Choose from so many projects out there and gain 1000x in just a matter of months. In stocks it will take years to do that. In other words my friend, it is good to build your portfolios in crypto rather than stocks due to small gains over time.
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Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold. Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it. All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it. If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.  Are you DOGE holder? I don't hate DOGE coin but it is an overvalued asset. Started as a joke coin and now being on top 10 cryptocurrency. It really shows how Elon massively hyping up this joke coin and his influence is really helping a lot. |
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If government allows this kind of thinking, more and more people will rely to those who work harder than them. Richness comes from sacrifices, sweat, blood and cannot be easily attained by doing nothing. Poorness are the result of making poor and wrong decisions in life + little opportunities and even if opportunities were there, doubts are present. I believe what we need is to have more opportunities/jobs to have a more good possibilities of success.
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Even by just buying before pandemic, it would make someone's investment have a good returns. How much more 5 years ago. I just wish I had the resources to enter this in 2015. I just cant imagine how happy those who adopt and invest early in Bitcoin.
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It is clearly felt all over the world due to pandemic. I envy those who had much more savings and be using them to start again. However, most of us were totally devastated by this and some even lost their loved jobs and not sure if he/she would be hired again.
Maybe if things go to normal again, it's wise to prepare again for the worst just like this.
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As long as ETH's gas is high, more and more project will go to Binance smart chain and by this price would probably be rocketing more and more. But, as much as it seems like, BNB has been up for a long time and ETH 2.0 is coming and probably be taking away some of BNB's investors.
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