EU is being run by populists and I don't expect much in terms of fiscal intelligence. They need to keep their support base (i.e welfare rats) happy with unlimited infusion of free money. This is not viable in the long term, and sooner or later we will witness a complete economic meltdown similar to what happened in Greece a few years back. The COVID 19 pandemic will act as a trigger.
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Currently KICK is the best altcoin to invest , they have very a good and friendly user trading platform and good future road map..
Not a bad choice, I'd say. I got a few KICK tokens as airdrop around 2-3 months back. And so far, I am satisfied with the price movements. There was at least one pump-and-dump cycle in February, when the exchange rates shot up by 15 times in a few days. Now the prices are back to the previous levels, but we can expect another pump anytime now.
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It's actually very simple. Because the price of each of these stocks are denominated in fiat currency. For example, the Apple stock (AAPL) is listed in NASDAQ exchange. Now we know that all the shares that are listed in NASDAQ are priced in US Dollar. There are crypto stock exchanges such as BitFunder, where you can purchase stocks for Bitcoin or other cryptocurrency.
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There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true? I now decide to join the signature that I use now
I joined my first bounty in 2017. And 18 months later, I made the decision not to join in any of them. 2017 was a good year for the bounty hunters and the rewards were good. But the situation began to worsen by mid-2018. That was the time when the majority of the bounties stopped paying the bounty hunters. And as far as I know, the situation remains the same even now, without much improvement.
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I am sad to say this, but the truth is that the current bunch of altcoins have failed completely. And the reasons are there for everyone to see. Many of the coins comes to the market with huge pre-mine volumes. The promoters get immediate monetary benefit as a result of this pre-mine. Once they pocket the money, they lose interest in continued development of the coin. Gradually, the coin will go down due to lack of development. This has happened to almost all the altcoins, including Ethereum, Monero, Cardano and Tether.
One coin that benefited from continued development is Litecoin, and that's the reason why it is still ranked among the top-10 cryptocurrencies despite its outdated technology. And the Bitcoin forks, such as BCH and BTG have also fared well in the development part, when compared to the other altcoins.
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There is only one reason for this - greed. A lot many of the new investors believe that Bitcoin has already reached its peak and they may not get 10x and 20x returns if they invest in BTC. On the other hand, the altcoin fanboys are very active in social media and they claim that the investors can get 100x or even 1,000x returns if they invest in that particular altcoin.
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Here is my take on this - In case a recession occurs, we can expect Bitcoin exchange rates to plummet. It may go below $3,000 per coin (the lowest levels we had during the last 3 years). Because when the economy collapses, people are likely to go for stable assets such as gold and silver, which can also act as a store of value. High risk assets such as cryptocurrency will have few backers then.
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LOL.. all the casinos here in India are of the "underground" variety. Because gambling activity is banned here, and the majority of the people don't know how to gamble using the online casinos. Therefore I can understand what the OP is talking about. But that said, I don't think that legal casino owners will take the risk to go underground. The penalties are very severe and the risk is simply too high.
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Well.. I can understand the sentiment of the OP. For the last 3-4 years, I have tried mining different altcoins, and I have even tried mining Bitcoin in 2017. Ethereum, Litecoin, Deep Onion.etc are some of the cryptocurrencies that I have mined/staked. In the end, I got hardy any returns. Gave up mining/staking in 2019. Mining is not for part-timers like me, who have only 1-2 hours of spare time per day.
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There have been a huge jump in the number of cases, and those regions which remained mostly unaffected earlier (such as Kerala, Goa and North-east) are witnessing a huge jump in the number of new cases. The reason for the huge jump in the number of new cases is because many people from other state and countries started travelling back to their home state and once they are tested majority of them are positive cases and there is a political battle going on, the center is allocating trains without informing the destination state. That may be the reason. But one thing is sure. India is witnessing a sharp increase in new cases, while most of the other countries (such as the United States, United Kingdom, Spain, France, Italy, or even the neighbors such as Pakistan and Bangladesh) are reporting a reduction in the number of new infections. Also, I heard that the government is winding up the "Shramik special train" program, as more than 90% of the migrants have reached their native states. Therefore I am still hoping that the cases will plateau out soon. Even if the number of new cases stabilize, will it be possible to have IPL this year? I am very skeptical right now.
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^^^ The best way to end this menace is to legalize sports gambling in India. I don't know why the government hasn't legalized it yet, when other countries such as the United Kingdom and Australia have done that. When you make something illegal, criminals get an added advantage to push it underground and rig the system, away from the eyes of the authorities. My advice - legalize and regulate.
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I am active here since 2017. From what I have seen, promoters are responsible for 99% of the dumps. It is illogical to say that the bounty hunters should be blamed for dumping of tokens. As the OP pointed out, in most cases bounty allocation is 1% of the total pool or even lower. How can anyone crash the token price with such a small amount of tokens?
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If America wants the right politicians, they should not just riot when something bad happens, but they should go out and vote, 34% of people age between 18 and 24 vote, that means 66% of them do not even vote. Go out there and vote for every single democrat in every single county and you will see a HUGE change in politics.
I don't know about the situation in the United States. But here in India, the polling percentage for this group is very low. Because a large part of them are studying in universities and colleges away from where they are registered as voters. And there is a large part who hasn't completed voter registration. And here in India, absentee voting is not allowed for anyone other than government employees.
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What do you mean by a "better crypto". If you mean a cryptocurrency which can return good profits to its investors, then yes. You can call Bitcoin Cash a better cryptocurrency in that regard. But then there are ethical and moral issues associated with Bitcoin. I am not going to argue on these subjects, as they have been covered in detail in the previous pages.
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For countries that have legalized cryptocurrency, they can live without banks. Because the payment of salaries or buying daily necessities can with cryptocurrency. But for me the government forbids using crypto as payment, it is impossible to live without a bank for me. Even I get income from trading and signature campaigns must be converted into fiat first, after that it can be spent buy daily necessities and pay bills.
This is too much of an exaggeration. Unless cryptocurrency is accepted everywhere, you can't get rid of the banks. You need the banks for various services, such as credit cards, loans and receiving salaries. I do hope that cryptocurrency will be used in the future for all these purposes, but it is going to take a very long time. To be honest, I am not expecting any major changes for the next 5 to 10 years.
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I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
For the past 3-4 years, I used to trust Coinmarketcap blindly. But not anymore. Nowadays I am verifying whatever information I get from Coinmarketcap, by comparing them with other sites such as Coingecko. But then, I have to say that I haven't noticed any major manipulation from Coinmarketcap till now. It looks as if the autonomy of Coinmarketcap is being maintained, at least on the outside.
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I would say both are risky. I have never owned any of the stable coins, and I intend not to do that for the next 10-15 years. Stablecoins are simply against the idea of cryptocurrency proposed by Satoshi Nakamoto. The basic principle of cryptocurrency is that you are able to store money by yourself. But in the case of stablecoins, someone else is holding the money for you. Tether is owned by Bitfinex exchange, while BUSD is owned by Binance.
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The clientele is going to be different for both the physical casinos and online casinos. Online casinos are mostly visited by the youth and the middle-aged. Those who visit the physical casinos are very unlikely to shift to the online casinos, even if the latter remain closed. So I don't foresee much opposition coming from the physical casino owners.
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I don't understand. How is it possible for a pandemic, that has killed around 370,000 individuals so far, to bring any positive changes? Even if there was some positive outcome as a result of this pandemic, they were heavily overshadowed by the agony and suffering of billions of people. At least in the cryptocurrency sector, I can confidently say that it didn't brought around any positive change. The exchange rates are going down, despite the block reward halving.
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As I have already posted, a better strategy would be to focus on the market capitalization. I would define established altcoins as those cryptocurrencies with a market cap of more than $1 billion. We have 16 such coins, including ETH and BNB. The future potential is not that great and therefore you can better concentrate on the medium sized and lesser known alts.
Now coming to the medium sized alts (in my definition those altcoins with market cap between $100 million and $1 billion), there are a few promising cryptos out there such as Zcash, NEM, VeChain, 0x, DigiByte, Bitcoin Gold.etc. You can make investments in these cryptos.
If you want to take an even greater risk, then you can concentrate on those alts with a market cap of less than $100 million. A few examples are: Electroneum, Quant, Bytom, Energi, Komodo and BitTorrent.
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