I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
it all depends if they are truly up to their words and are backing up their stable coin or they were all lies and we're going to witness a big downfall for crypto, it might be the latter because I don't really believe that USDT is %100 backed by us dollars, I somehow can't trust them, that's why I don't hold USDT anymore. Pretty much like that. When tether gets audit and that's the same like gambling for the reputation of tether. if tether has been always using the fake data and there will be so many parties will be blaming this token. Im thinking about the possible worst scenario for this case. We know that if tether was not fully backed by fiat money but it was combined with various assets in the market. So, this may also become a boomerang for tether |
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There are some updates about this project.
developers are leaving the group and there are only admin who knows nothing about the development and progress of project (im sure this already abandoned by its creator) yet bounty hunters potentially will not get their reward as the project already abandoned.
I don't know why people are still working for this crap project that runs by scammers. Hunters are starting to complain about that while they didn't use their mind to did a deeply research.
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Be interesting to hear who is for and against micro cap altcoins?
If you own any what is your plan with them and if not why do you not believe in them?
I have been buying some microcap coins that focusing into the various field I just divided these into the various microcap coins that were working in the different situation. I meant if we must also aware about that if diversify our portfolios was a must. that's why i have been choosing to divide this into the various things like metaverse, second layer solution and many more. This will be decreasing the risk for my portfolios as well rather than going all in into a specific coin. |
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UFO gaming, Star atlas, Illuvium, Gala, etc all these projects are currently developing none stop, It's possible that the next bear market play to earn games will take the lead when it comes to return of investments, it's too early to judge right now but I am slowly accumulating Gala and Illuvium.
I can't agree with you about UFO gaming and star atlas. These projects were only selling gimmicks to the investors. There was no active game to be played especially for star atlas which was getting a big hype last year but it can only release minigame. The developers were giving a very big promise that will not be real. I hope that people aware that the project like star atlas is not even worth to invest |
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I still believe that play-to-earn can still pump itself up. There are still a lot of gamers who are making P2E games as their means of living, and with that I can still see its positive side 💯 there's a piece on technode global on how to get started with P2E, look it up!
Even shit coin can pump itself, momentum was a thing that is still not yet coming. This gonna be a very long time to wait it to happen. P2E will be pumping once whole of crypto market will be pumped so hard. I learned a lot from some cycle that happened in the past if everything will be going up once it will be pumped by the whales no matter how good or bad the token but anything will be mooning at that time. It's about how we can be patience waiting for that trend to come again. |
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Ripple is one of the altcoins that is still undervalued, especially since this coin has been sleep for a long time,
there is a lot of fud and bad news circulating about XRP, but I believe it's time for XRP to rise and this is just the beginning,
if you look at the chart it might be new ATH can be achieved next year, hopefully
FUD was coming caused by ripple was a centralized coin that focusing to develop the insfastructure for the bank and it was abandoing its main mission for crypto. Ripple was also security coin and it's still in a battle against SEC. i think that people were making FUD caused by a reason. People will not do that if there would be a strong reason for them to create various FUD for ripple. FUD was a common thing in the crypto right now. |
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should be mining in coins or coins that have never been hype before will have the potential to generate greater profits than us mining well-known coins such as ethereum. but it's worth the risk, you mine baby doge means believe in coins. I've also heard the name baby doge seems to be the third most popular position after the shiba inu.
Ethereum can't be mined anymore. Did you even try to get the latest update or not? People known this so well as so many press have been making the news about ethereum as well. That means if you didn't even aware about this too. I think that you can see how good ethereum for now after it has been migrating to the POS rather than keep its old consensus which has been collude by the garbage miners that are so greedy as fuck |
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For some way you are right we should target new projects, and old projects that have done already 100x can't be pumped again. But your targeted coins are not correct. Cardano, Doge, Sand and XRP still have potential to 100x. BNB, Ethereum Solona have already pumped a lot that may not pump in future.
It's that easy to reach 100x ROI. It's impossible to happen unless he has invested during the ico sale. So many people who have been made big ROI like hundreds of times or even thousands of times have been invested during the ico sale and then they bought at the bottom price compared when the token already traded in the exchange site. Those big cap coin can't go more than 5 times from now. It's caused by they have been growing a lot. I think that people must remember this |
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But now they are trying hard to advance their platform to a better position.However, no matter how good the news is, it will not be so easy to bring back the fear that has entered into people.
This is a scam. It doens't even need to do analyze to this platform. The coin itself already dead. People are only getting delutional to see that this gonna make them become millionaire in the future. People are so crazy as fuck. They do know what they have invested but they keep ignoring it. this proves that there are so many gamblers in the scam coin like this even some thinking it will worth $1 in the future. |
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Why are many governments not regulating cryptocurrency?
it's caused by so many governments are thinking that if crypto was still in the grey area. that means if crypto shall or shall not be regulated actually depend with so many factors. You can't force the government to regulate crypto. The government knows what they must be doing with crypto. Some regulators have been deciding to regulate crypto and that this means if crypto is not always need to be regulated. I think that if you are aware about this and then you shall not feel curious about that. |
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I can only tell you these sites. In my opinion these sites are the most reliable ico sites for you. There are so many legit icos already listed in these sites. I know CEO as well. https://icodrops.com/Cryptorank.io These sites are legit sites and you can try to find so many new icos that will be launched very soon. The only problem is there will be no guarantee if you can make so much money from investing in the new icos. this actually depends on the performance from the ico itself. |
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very likely. but that won't be happening anytime soon. because there's a lot the SEC has to do. but ETH is more likely to have government backing someday. because it is considered environmentally friendly.
IMO if SEC will pay attention to this in the future.I know that so well if ethereum have been raising the funds to funding the project a few years ago. This may make ethereum to be classified as security as well but again howey test is actually needed and SEC will be doing it once they wanna try to determine whether that's a security or not. that's it. |
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Buying rumour and sell for the news is real for now. Ethereum merge gives nothing big to the ethereum ecosystem. It was only fixing unlimited supply and no more. Staking was not offering decent APY for the stakers that's why they are prefer to stake stable token instead of ethereum. Ethereum miners are also feeling so bad to find a new token that's worthy to be mined. This time the bearish market has been ruining the hype from ethereum and whole of coins in the market. People can't even aware if such thing happened if the news has no impact to the price at all.
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For me enso finance seems a very solid project. To be honest there are so many good projecst at early stage. Im sure that some of these projects have very big potential to be as big as major crypto in the next bullrun. You can check it here https://icodrops.com/There are so many projects that have been successfully to raise the money for their development purpose. Those projects are still in the early stage of development. You can pick some from all of them. They have potential to be listed in major exchange site in the future |
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POLKACITY(POLC) because it's a low market cap coin an by the the time it hits the 1 billion market cap it can be worth 20$ each EASILY.
Demo dropped on the 25, actual game will drop in late January.
Garbage metaverse like polka city will never reach 1 billion marketcap. that sounds crazy to bet on it while it has a very low daily trade volume. https://coinmarketcap.com/currencies/polkacity/That is not even worth to invest for now. You can stick to the better project rather than buying this piece of shit. There are so many better metaverse in the market rather than it. I think you just shill for that. |
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The bear market doesn't mean we have to just monitor the market, it's our opportunity to buy our favorite coins to make a profit when the bull market comes. instead of having to keep coins stable, it's better to buy the coins we want when we are at the strongest support, what we have to prepare is patience in dealing with the bear market.
Some people prefer to avoid the volatility in the market and then they can use staking stable token as their passive income. Even if the APY was so small but at least they can earn some bucks in monthly basis rather than lose due to the volatility in the market. I think that picking stable token to get the passive income was not so bat at all. We must always consider that was as our opportunity to earn during the bearish market like this. |
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So many meme tokens, scam tokens, any tokens with low liquidity will not survive during the bearish market. It's hard to predict which token from so many legit tokens in that market that will be dead. In my opinion if people were also predicting so many scam meme tokens will be dead.
I can only say that as the time already proven that if meme token is not worth to be owned. The bearish market will always be killing the scam token to the hell. This is what i can say that for you.
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No matter how much Luna pumps into this market, it will never get back to its past position. Because Luna has broken the trust of people and those who invested in it. Due to which investors are no longer interested in Luna. Now almost all the coin prices are on the side of dumming which is why it is never going to improve.
Im sure so many people aware about this thing but they keep buying it for their long investment. I didn't know what those people are thinking about this scam coin but even some of my friends told me that if they are gambling on it. So many luna investors are so crazy. They keep believing it with their money no matter what happened with luna in the past. I can't even predict if a small pump was coming for luna. i hope that this coin will be dead as soon as possible. |
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