I truly believe in blockchain technology, for crypto to replace fiat it must go through some regulations and control. Many in the cryptocurrency community have spent years predicting that digital currencies will someday take the place of fiat currencies. But mainstream economists tend to view cryptocurrencies with more than a bit of disdain
That's due to the fluctuation that most of cryptocurrency have and could be considered as a disadvanage when it comes to a country economy because such fluctuation is simply a disaster for the economy stability. In my honest opinion though, government should just stick with their own currency and these crypocurrency should only become an alternative option that everyone has the right and access. By that we as a user could have various option that suits our need.
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Even if it's for the dumping it will just affect tezos anyway and the daily volume trading for this coin is approximately 65mln from coinmarketcap there's really nothing to worry about. But, I'm not really sure if the sender moves his tezos to Binance just for staking because that just doesn't likely seem to be the case here.
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Usually providing a payment gateway for bitcoin that is simple and secure is the way to increase the adoption. I've seen the increase of adoption after big company like coinbase providing a payment gateway and many people are interested in implementing it to their services because they could reach a wider customers as well. What you did is right and I think if that could be effectively implemented to your local it could potentially attract people attention.
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If you've been listening or reading about crypto news you must have heard about this countless time about their head office, even fake news says police bust binance head office too but turn the table on yourself, if you are the owner will you tell stranger? Anyways, binance has its headquarters in Malta after shifting out of China and Japan subsequently. The company started in china but had to shift its servers and headquarters out of the country due to a government ban on cryptocurrency trading. I expect this should be enough for you
So a customer to them is a stranger? Lets talk about BANCOR. As per information given by their chat, its headquarters is in Switzerland and technical HQ is in Tel Aviv. So why BANCOR told me as i was also a stranger? Different company have different policies and Binance is known to be popular exchange and could potentially attract unwanted problems it's their right to not disclose their headquarter and if you are checking the term and agreement in their exchange as well as signing up yourself in their exchange service you are indirectly agree with their policies. Also I think that this kind of topic belong in the service discussion section.
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Alibaba is a global brand and such a collaboration will help further the cause of the blockchain space; decentralization.
With them partering with Credits for logistics, definitely blockchain technology will be employed in data storage while providing real-time information on goods and their state as they are being transported.
What decentralization have something to do with a big company partnering with another big company it just doesn't make sense. Their blockchain is also centralized and probably not for creating crypto but instead to help their system work efficiently and have nothing to do with decentralization.
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An unreliable exchange with really odd volume and how they could easily list an IEO to their website without undergo a complicated review which most of exchange website should do to every project that intent to start an IEO but some people are still putting money into it. Even the recent news about dash dev running away with money means you can't even trust people in internet and this. really make me confused.
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I take the example: almost every new exchange project has the same system foundation, some seem to work to bring up new options, but they forget to increase user comfort in increasing liquidity. Trying something new but letting go of many important things won't mean much. I think only large-scale funding can make projects ensure good progress.
Some just exist to offer gimmick by saying that theirs is an upgrade feature compared to the already existing one and saying that theirs are better in almost every aspect which only on the paper but for practical use it's still not determined. Most of the project that adds new features as you said usually lacking in certain aspect aswell and most of the time they are only focused on that new feature because it could boost their funding.
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They are having total supply with equivalent of their reserved fund and when you are buying the USDC your money doesn't right away sent to the circle bank account but instead you're basically buying their money and when you are buying it the supply will not change. Although, I honestly doubtful about whether the amount of reserved fund match with the stablecoin total supply they printed but people still using it right?.
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do you see a lot of projects that have IEO there reaching hardcap or softcap, I think there is none or only a few, many say their site has a bad reputation from this forum, I try to find out and see their site deeper and I see a lot of each the exchange pairs there are full of bots that boost fake trading volume, I also see a large withdrawal fee, I am confused why many projects want to hold an IEO there, while their site is not feasible in my opinion to be a trusted third party to hold the IEO funds of each project
If there is no project reaching hardcap or even softcap I think that's logical. people are still sane with their money and not just throwing it to whatever have word "investment" in it and that's quite good news actually and they are really suspicious I must agree. people should always observe the exchange first before even making deposit there because fake trading volume is a big manipulation and could lure people into believing that the exchange have high volume which actually not true.
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From my opinion, not worth it. When investing you're looking for liquidity with real demands and trading volume is not relevant if there's low or no liquidity at all because there are so many manipulated market as of now you can try to observe the trade orders. Why even bother to invest into these kind of coin if there are more legit option of investment anyway?. You shouldn't invest if you're doubtful about the coin or project.
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Although it sounds good but do you really think the government will give up every manner of control they have on fiat? I don't think so, which make me believe they might not want to allow cryptocurrencies to replace fiat. Even if they want to, then it would be a government backed crypto which will be centralized thus giving them the neccessary powers. To be realistic a coin like Bitcoin which is fully decentralized, which government will allow it replace its country's fiat.
Not necessarily replace but I suppose it might become an alternate just like how there are some companies that uses their own so called "website currency" and bitcoin to be honest could just act as that because bitcoin commonly used for online payment anyway. The fiat is still needed and tbh hardly replaced by any other currency that are independent from government because that's simply demanding economy disaster.
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Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.
Well that's what happen most of the time but I'm sure that there are some good advices coming from other professionals which usually are paid advice however following someone else's suggestion is the same as letting other decide whether your money will grow or opposite and people with right mind will never do that. If you want some suggestion try to seek professionals with no motives otherwise it's basically the same thing.
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after all, why only the ethereum mentioned will return to zero, why not with a coin below ethereum which is basically ethereum is the most popular altcoins on the crypto market. it is just a ridiculous assumption that is very unlikely to happen
You this kind of fud always have a hidden motives and they exist just for that. even his statement is simply ridiculous and came out of nowhere without proper reasoning of why it could go down to zero and what they spouting is just "this X coin will go down to zero, believe me" and that doesn't make sense it the slightest because that's what I call a bullshit and I'm pretty sure other people already know that. If his motive is to fud other coin into dumping he will surely mention that coin.
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1. Same question as to why there are still investors want to put their money into startup although the success rate is below 10% and most of startup are just failure. Same goes for ICO or IEO, there are some project that could bring fortune and majority of them also such a failure. If the rate of success is above 50% everyone would be rich 2. Developers usually consist from different people for each project although there are some developers that are already have a company or project going in crypto but sometimes they just want to open funding for their new idea which is fine if they have a good track record.
In my opinion, our current circumstance is just the same as the startup market.
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and here I thought that mac OS is malware free when it comes to crypto related malware due to the little market share in the world it has and I'm wrong. I wonder if any antivirus out there that has updated their database to include this virus because most of mac users I know never invest into antivirus and this could be a really bad news to be honest.
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This blockchain infrastructure is a silent whale. Looking at the username of kakaotalk and the numerous other platforms and services they offer, it is obvious that this project will become a leading alternative within the blockchain space in the nearest future.
I visited the official website of Klaytn and it seemed like the support they received from the big companies was true. I predict this project will change the pattern of human life in the next few decades (same as Libra). Social media users are the biggest asset at the moment, it's no wonder more and larger social media companies are launching their own cryptocurrency development projects. Of course they are partnering with big companies since kakao is a big company themselves and you can see the company is very popular not only in korea but in overall asia aswell. I remember when their kakaotalk was booming back in the days but only for temporary but still be able to engrave their brand into people's mind. I heard about this klaytn when it was proposed to be released and din't really put attention into it however it sounds pleasing to hear this one gainning success.
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developers needs to start implementing something that will keep a coin or token at a good price Yeah good luck with that, because it's not as easy as saying. keeping token in a good price always involves capital except you have a really good project that people are anticipating and is really worth it to have otherwise no coin could get away from the dump of bearish market even bitcoin. maybe there are a few that are being pumped but most of them are low volume coin that can be easily manipulated.
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Shit! I feel sorry for those who've lost their money. Is there any info about how much did he ran away with?
Yeah IKR. If someone has enough coins to run a masternode then they should run it by themselves or find a coin with delegation or cold staking or just be in BITCOIN!
You must know that there are some people that really want to stake despite having literally no idea about how to run masternode but insist to run one because it could grow their money anyway. Those kind of people are usually those that get a small information about this online business/passive income from their close friend and relative but got sucked by their greed and as a result hiring a stranger to help them run it. That's crazy and I won't ever hire stranger to hold my personal possession. heck, even I don't trust people touching my personal VPS that literally has no crypto whatsoever.
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To be honest, even considering to store your asset in centralized exchange that you don't have control is a pretty stupid idea much more if you plan to stake in it. Even Binance, one of the leading exchange in the world, could still get hacked so I think I'll stick with my own wallet. The gas isn't that expensive to transfer anyway. Don't want to risk my funds getting stolen.
Binance already hacked one time i don't know exactly how much hacked before. As a biggest exchange they recover users assets by SAFU fund this is really positive and professionalism. But i'm not trust any centralized exchange for staking because i have no control it's a big fact. In that case i'm strongly agree with you. Usually when an exchange gets hacked and they didn't just running away from their responsibility but instead reimburse their users. that mean they are dead serious about growing their exchange and the security hole is probably already fixed and in the future will improve their security but no system is safe. i didn't really trust these exchange but to stake a little amount there is quite okay for me. just don't stake too much.
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I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.
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