I do not believe that SXP will increase in price, the news is from last week and now SXP is down. Every week BNB holders will be airdropped a significant amount of SXP and there is no reason why they won't sell them. SXP is good but it is not time to increase prices in this indecisive market.
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Small exchanges and poor security will only drive away investors. Historically there have been many low volume exchanges like Cryptopia. The recent hack was only 1.6 million dollars, still small compared to the previous hacks.
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Sure, when there's too much money, people buy finite assets like real estate, gold, Bitcoin, and blue-chip stocks. Can anyone know how much extra money they'll print next year? Hoarding finite assets is a smart investment, good anti-inflation, and stable value increase.
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The first is with the source code, it is necessary to carefully check the source code. If the project does not have source code, we can check other information. Information of team moderators, checking each member, accessing their profiles Twitter, Linkedin, and what topics they update about the project they are working on, need to ask them. Check the whitepaper and see if it overlaps with any other projects? Check out social media channels like twitter, telegram ...
that is indeed the basic thing we can do to minimize the risk of a project scam. but they are not enough to convince us. at this time what I believe is a project that has collaborated with the exchange. it proves the seriousness of the developers and does not just make promises for their big exchange planning. A big swap also couldn't solve the problem, look sushiswap. Big exchange and future transaction. Look at YBDAO, they have notice listing Bithumb but then Bithumb has blocked the deposit and withdrawal channel. The YBDAO team has put all raised funds into Tornado Cash. Exchanges work only for money and cannot be sure there is no scam.
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The first is with the source code, it is necessary to carefully check the source code. If the project does not have source code, we can check other information. Information of team moderators, checking each member, accessing their profiles Twitter, Linkedin, and what topics they update about the project they are working on, need to ask them. Check the whitepaper and see if it overlaps with any other projects? Check out social media channels like twitter, telegram ...
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A market that grows too fast will also collapse quickly. I don't believe that anything happens forever. The DEFI market in recent days has shown signs of decline and there are many projects with nearly 100% discount, which are scam DEFI projects. I think that's okay because people are FOMO and some bad guys are trying to profit from this lucrative market.
From the start I wasn't interested in the existence of a defi project. It feels strange because there are so many defi projects that pump up to a high price, people will immediately be hooked and will participate in enlivening because there are many benefits. But on the other hand there is a deep disadvantage if you don't pay attention. It's a project Ponzi but organized on a blockchain platform. The similarity is that the dev team hides the list and the value is quickly posted back to zero. So is the nature of human gambling. I feel sad for them that Ponzi is much lower cost than they pay themselves to transact on the ethereum network. I hope the DEFI project will improve quality.
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A market that grows too fast will also collapse quickly. I don't believe that anything happens forever. The DEFI market in recent days has shown signs of decline and there are many projects with nearly 100% discount, which are scam DEFI projects. I think that's okay because people are FOMO and some bad guys are trying to profit from this lucrative market.
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This number only does not mean to this time because they have a discerning the law. Disease emerges and is worth a plunge because it cannot produce and create more value. The market goes up means we are manipulating or that society has a surplus of cash.
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It's immoral and meaningless cryptocurrency. The value doesn't come from anywhere, it's just a game for the free. The people who create them, buy and sell them are those who despise the lives of others. We should remove this cryptocurrency from exchanges and other tracking systems.
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I have the same problem with my money. After depositing the ethereum network, my transaction is waiting to be confirmed. In the meantime, I sent another transaction with a higher but unconfirmed gas limit. This means that both transactions are pending. I don't know what other blockchain networks will look like? Right now Ethereum is in severe congestion.
You're right, the Ethereum network is really congested that it takes days to wait before it confirmed. The situation is also being hyped as a lot of people using it due to Defi projects. It might be worsened if the surge continues and fees relatively high as well. And in your case now, all you have to do is to wait. Even you are sending again with high fees still, it takes hours/days and I don't think it is necessary since the result is still the same and pending.
@OP, it is better to wait for the tx to confirmed...though making another transaction is allowed but still nothing to happen if the first tx not done yet. Another transaction cannot be submitted because my money is stuck in the contract and it continues to be processed. Last night I had to cancel my transaction on Metamask wallet. It took a little fee but I got a refund. It looks like scam DEFI projects are bringing costs down on the ethereum network. This morning Gas is in the range of 250-450 GWEI. If I buy crypto for $ 5 but the contract is pending confirmation and their value could go up or down. So who will be responsible for the slippage in the meantime? I am wondering about this?
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I have the same problem with my money. After depositing the ethereum network, my transaction is waiting to be confirmed. In the meantime, I sent another transaction with a higher but unconfirmed gas limit. This means that both transactions are pending. I don't know what other blockchain networks will look like? Right now Ethereum is in severe congestion.
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Currently, companies and projects need a lot of programmers for blockchain. If we pay attention, there are more coders involved in more than one project. Blockchain needs a young, dynamic team of programmers. I think in the future there will be many young and talented programmers in the world. This is also an industry that has a higher income because of its complexity and difficulty.
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Pornhub has accepted cryptocurrency before, and they accept bitcoin and litecoin over other coins. It seems that Litecoin is a potential currency in their eyes compared to other cryptocurrencies. The site will likely accept most currencies in the future.
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I think nature is different. Cash is anonymous and has immediate value remaining money in a bank account that may belong to the bank. If you want to make a large amount of money transaction, a bank officer will call you and they may ask you to come to the bank to make the transaction. When there is too much money in your bank account, you become a target for government audits. The most important thing is the liquidity and safety we can have stablecoins with staking capabilities. https://bitcoinist.com/stablecoin-staking-is-finally-possible/
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Exactly, it costs $ 5 to send normally, and $ 30 to execute a smart contract. It's crazy, people have to queue up and wait for the transactions to confirm, the miners are bountiful. Given the high-cost situation, I don't think etherem is decentralized because it's actually too bad right now and the benefits are only really for miners and those who pay a lot of money to get a transaction confirmed faster.
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I think the bounty hunters have enough experience to test a bounty campaign. The easiest way is to look at the potential of the project and the information contained in the project's official website. Serious bounty projects will often create a well-detailed and well-rounded theme. Choose a bonus plan and do it with an element of luck.
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I think that the investors are being FOMO before the Y-start projects. I noticed that most of these projects have an anonymous dev team and it confused me. Not every project with an anonymous developer team works well and has the potential to increase value because many imposters have copied the source code of these projects and impersonated to scam investors. In the past, there have been several fraudulent projects such as YBDAO, they are impersonating a branch of CBDAO. After raising investor funds on the Bounce platform they transferred the entire amount into Tornado Cash. They locked the telegram and disappeared. PAYDAO just completed its ICO, they shut down their website and telegram channel. These two projects do not publish the reputation of team dev. Be careful with DEFI projects.
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Buffet said that we cannot create a baby by getting nine women pregnant. A project from inception to product availability takes a while to build and market the product. Look at the market, many projects have increased by 10,000% compared to when the new project was born. Their charts come in U and J shapes. The most important thing is choosing a project with a good idea, a good team of developers, and your patience.
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Mining rewards will certainly become very low after a few block halvings from now but the real estate in mining isn't going to be the mining rewards, it will be the transaction fees that are included in those blocks and it will definitely be enough to cover the mining costs along with some spare change to spend here and there as the number of transactions are going to mount enough bitcoins in blocks having more bitcoins in fees than the block mining rewards. Although right now for the latest block mined the reward isn't greater than that of the block reward, but a decade or two down the line it is going to be so. Certainly, people mine bitcoins not only for the block reward but also because someone pays the fees to make the transactions. I also believe that in the future people will use bitcoin more. But compared to Ethereum, people do not use as much as them, bitcoin no longer stops at regular spot transactions or P2P, but they also have other derivative tools such as Future, margin ... That will reduce demand. demand for bitcoin transactions between wallets. Even though it is harder in the future, I don't think people would stop mining. The value of bitcoin will obviously rise in the future as Satoshi did a solution for that which is the halving. As many people would be transacting bitcoin, I think the more people would continue to mine since they are earning from those, and we are still far from mining all of them so it will still be a long time.
The scarcity happens not only in bitcoin mining, but it also happens when there are more and more bitcoin addresses on 1 BTC. The mentality that bitcoins will be scarce also causes people to hoard more bitcoins.
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I don't know if anyone else will mine bitcoin in the future, but the value of bitcoin will certainly rise even higher. Bitcoin's potential to increase in value is certain, so there's a lot of people who are actively buying as many bitcoins as possible.
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