Hello everyone, dear friends. Everyone remembers what happened in 18 year. Then the cryptocurrency really kept only on BTC and ETH. But now a lot has changed. A huge number of crypto areas have appeared, such as DeFi, NFT, Blockchain gaming and others. The market is full of top offers, but for some reason, BTC still determines the market price. When Btc falls, the entire market is corrected, and ecosystems like Near Protocol or Solana most often grow only with positive BTC daily readings. What do you think about this? Why, after fixing BTC, people still fix their money in projects such as Near, Solana or Matic, because their ecosystems, by and large, can exist completely apart  How can we be sure it's the BTC that's determining the market? There are no BTC exclusive news or events that has made the market move in current bearish trend. Surely as the coins are paired against each other, its not a wonder when they follow similar trend. But the dependence on BTC as a pair is much lower than it ever was. I believe it's a collective effect. Bad news for a particularly popular alt could lead the market downwards. |
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The excess hype is over. Now investors won't jump blindly on anything just because it contains the word NFT.
But NFTs are here to stay. Just like how Defis are still a thing even after a defi bubble popped off, NFT would still be a thing as there are real owners and artist into DEFI and they are a secure way of defining digital ownership. The NFT utilization sector could get even bigger with time.
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One of the reason I prefer crypto investment is they are easy to buy and sell online. Most of the things are automated and you can set your own pace for trading. There are no rules or brakes that would prevent you from trading your coins anytime. Even though stocks are much easier these days, there are still strings attached to its trade. Anyone with a bank account can start trading crypto without even interacting with anyone or providing any of your details.
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
The bad thing about the crypto market is people hype too much for every new thing and which in turn makes it look like a bad thing. NFT are cool and people should have used it as such without hyper inflating its value and creating a ponzi around it. Anything that rises without any proper base for sustaining the price is going to bust one day. And when the general population has bad experience with NFT, they would be using it as an bad example. |
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People should be aware what type of coin they are investing on. Established coins are going to get back to their all time high however the market is. Buying low and selling high would work with these coins while some coins are such that they rise high for a moment and never get back to Same hype, some meme coins and DEFIs coins are an example of those.
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I've two at the moment. Grid trading with established coins and farming and staking on DEFIs, the second one is more risky with larger rewards while my grids are also performing well with 100% APY for over a month now. I too predict the market trend but mostly fail to hold those coins for long. Like I knew Polygon would be going above 1.5 soon and bought it around 1 but I was not able to hold it and sold it for some stupid DEFI tokens that went into being nothing.
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It could. May be an unpopular opinion in this forum but I see higher chances of Ethereum taking over Bitcoin marketcap within a couple of years.
It's been a lot since I haven't used bitcoin and I don't hold a bit. It's costly and no specific use for me. I'd rather hold staking tokens than bitcoin.
Ethereum on the other hand even though suffering from problems like large transaction fees, is still the coin with most transactions. It's just in the 2nd number after stellar even at this moment. Side projects like BSC, Polygon and Avax are also making it easier for people to use and venture into Ethereum.
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The funny thing about MEME coin is they fall as fast as they rise. But with several attempts, I've seen investors are less attracted with every MEME coins named dog or puppy. They had their time and it's gone. Shiba Inu has launched their own DEFI, I hadn't expected even that from the team. Good for them. But DEFI are too decreasing in popularity as the prices of defi tokens falls as its inflation rises. 1000% APY is not only profit but also inflation.
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I'd rather classify NFT as a function of blockchain. And crypto could mean cryptocurrency or anything that's secured by cryptography. So, NFT could be called a type of crypto.
They are surely a cool way to utilize blockchain but they are part of a smaller solution while cryptocurrencies or blockchains have larger use case and functions. And hence a lot more potential. There's a misleading trend of hyping anything that's new in the sphere of cryptocurrency be it dexs, defis or NFTs, and I believe these hypes would decrease once something new breaks in, yet, NFT's are here to stay and make a difference.
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IS or Islamic state is a extremist view that the world should be governed on the basis of their own version of Sunni Sharia law.
ISIL refers to the group of people with that view in the area of Iraq and Levant.
It's not specifically the ISIL that attacked Kabul, it was a local group with similar ideology.
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Community pools and other companies provided pool are fine as we get rewards for almost zero maintenance fees. But we don't have any voting rights and we would be giving voting rights to others through our money. Keeping node live is not of much problem as I guess cloud platforms like digital ocean would happily host it for you. So, 32 eth limit which was create when the eth price were much lower seems a bit high at the moment.
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It's hard to predict what would hold for the long term. Bitcoin certainly is the first choice if you are intending to double or quadruple your investment just by holding and that too with minimum risk. Other coins like Ethereum, Binance, Cardano, Avalanche, Polygon, ICP, Chainlink, Tron etc too could be a good hold as their use case rises and supply keeps on decreasing. The key is to diversify, so that loss of a few coins won't affect much to your investment.
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I think the forum rule about airdrop is trying to prohibit users from posting unnecessary replies on the forum, specially with their addresses. It would be just fine if you include a form and strictly advise to join via it on bounties section of altcoins. Or you can just point towards your twitter and provide the form there. There's literally 100s of airdrop going on the bounties section at the moment. https://bitcointalk.org/index.php?board=238.0 |
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Charity + Covid + Shiba, it has all the ingredients for a pure scam. You should be stupidly gullible to fall for this.
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In any case, there is likewise no uncertainty that ADA is one of the top coin in the crypto market with a decent group and pleasant use case, however we should realize that, in however much ADA group are chipping away at their foundation to make it more appealing, similarly, the Ethereum group are chipping away at theirs to make it more adaptable. On the off chance that there is the best advanced money, it will not ADA yet on the off chance that it's having its force, we'll never know yet we'll see it soon in the event that it will.
In fact, smart contracts on Cardano are not far behind, I personally like the project and even if it is slow in deliveries, I believe that quality can be delayed. it will certainly be a valid alternative to existing ecosystems. I also like cardano, and waiting for Cardano based tokens to be as successful as ethereum, I think transaction speed is an easy issue to solve, and now is a good time to buy before the price of Cardano skyrockets. Cardano is out of time. They failed to gain any momentum even after years of development and developers and users being frustrated over Ethereum. Cardano has failed to take every advantages. It's older competitor project Ethereum is still going strong with regular improvement. Newer competitors are coming with more advanced technology and solutions to existing problems. There seems no room for cardano to fit. |
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The whole economy has some sort of manipulation here and their. No one can say crypto doesn't have manipulation. However high the supply or marketcap be, the price trend is decided by the immediate selling and buying. It could be easy for some whales to move the market 10% to any side in a day. But you can't control a large market forever. Sooner or later, the price would return to what market demands.
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If you are on metamask, you can just use the same address to send and receive ERC token/ETH and BSC tokens. You need to change the network you are on to work with each network. Ethereum and it's token would be visible on ethereum network and BSC coins would be visible in BSC network. Other than that, the two types of coins/tokens don't interact and transferring value between them should be done with using bridge or centralized exchanges.
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Certainly a good improvement. Not only would it make transaction and transaction time predictable, it would also make mining rewards more predictable. It would help bringing transaction fees to a stable point which would be much better to the network. Burning the excess token is a way to tell there's no advantages of going with higher fees. It won't have much impact on the currency itself as it's still unlimited in supply.
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