we are just waiting for the time to reach 1k$ is not a very difficult thing for bnb considering bnb is a very significant network among crypto users and its very rapid progress will guarantee to reach a very high point
It's not impossible that BNB can reach $1k but looking at the current conditions it is certainly very difficult, in the current market conditions any coin is certainly difficult to be able to rise, maybe we can see it can happen when the market has recovered Yup, The key factor is bitcoin. but it will.. With BNB, I encourage extra patience. The fact that BSC has only been running at the beginning of this year and what it has achieved is extremely exciting. Binance they know what to do and how to improve their child. CZ plans to burn BNB tokens on a quarterly basis, which is what drives the value for higher demand in the future. Just wait, I believe BNB will soon surpass 1k$ If it doesn't get slowed down forcefully politically, that's possible. A few countries slow down Binance business by not granting them certain licenses or excluding them from legitimate banking networks. The UK said that Binance got some regulatory issues to solve and the EU also acted against Binance such that deposits in Euro via the SEPA network are not possible anymore for the moment.
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So, I think that regardless of this meeting, there are already discussions in the community and among miners about the best way to mine the BTC without impacting the environment. The price of BTC can be impacted at any time, if there is this warning that on the 21st there will be this discussion, maybe people are waiting for what will be resolved and agreed between the parties for BTC mining and thus attract more buyers causing the price climb. I think drop won't go anymore just because the community is already aware of the BTC situation. And there probably won't be an increase specifically because of this meeting, unless something big happens.
Definitely yes, there are discussions going on already, but I don't think Elon Musk will appear at that meeting without a plan in his pockets. Not that he has a fully developed plan, but I can imagine he will have some ideas that at least he could make possible. I guess his companies will play a role and Dorsey could become one of the financiers of those potential endeavors.
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If users stop investing in shit projects, then there will be less number of failed coins. Right now the situation is that the promoters are guaranteed to get tens of millions from an ICO, even if the project doesn't have anything unique about it. Most of the new projects are just old wine in new bottle. And in many cases, the promoters stop their development, once the ICO is complete. Even after all these years, investors haven't learnt any lesson from their failures. They still hope that there will be that magic moment where they get 100x or 200x returns from a new project.
I don't think failed coins are the problem. Failed in the senes that someone really tried. That is part of any industry where start ups launch and fail. The real issue are the outright scam projects disguised as legitimate and hard trying. It is difficult sometimes to differentiate the scams from the real failures because you could pretend you tried hard, pay yourself a decent salary and let the coin fail on purpose. I believe that happens more often than we would think.
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Even the alt season, as many here call it, is fully dependent on Bitcoin. If alt coins are rallying and out of a sudden bad news let Bitcoin dump by 30%, rest assured that the rest of the market follows suit and also dumps like hell. After all it is Bitcoin that determines the direction alt coin prices go. Of course other coins can also make a move, but for that Bitcoin needs at least to be stable.
Indeed, it's done because of those btc pair and alts are dumped for having that. Just look into XRP, it's pumped when court took the xrp side according to law and denied the request of investigation for Ripple CEO's financial record. But that bullish rally won't long last as bitcoin dumped afterwards. So, major alts are still depending on bitcoin's price movement because of having trading pair on that. Lets just wait for the rebounding so that XRP could hit those desired price like milestone of $5 or $10. Oh did the court rule in favor of Ripple's CEO? I missed that actually. I totally lost track of the most recent news in that case. I just remember that the CEO was confronted with a hefty fine he could potentially face should he lose at court. That is why in the meantime XRP out of a sudden rallied?
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Bias is fine for as long as it is founded on rational analysis. If I hold a coin because I can see the advantageous over another coin and I am also able to point out the weakness of other coins, a healthy discussion could arise right? Maybe someone doesn't see the weakness of a coin they hold. Maybe I don't see weaknesses of a coin I hold. So generally speaking it is fine to be biased, but be biased for a reason other than being a fanboy. That is what this forum sometimes lacks. People promote their coins not because they have profound technical knowledge, but because they themselves don't even know what they bought and are now desperately hoping for it to go up.
Anyway, I think anything can happen in the second half. It depends on variables nobody can predict. Could be surprising good or bad regulation or essentially anything that has an influence on one or all cryptos. I believe the second half won't be too bad, I don't think we'll see a bloodbath as long as there are no unforeseen bad news coming.
Bias is not fine when asked a question like this but I also do not believe that there is a bias in this forum. Go check all the people and things people write and you will see that there are as many good posts about bitcoin as there are bad ones. This is why I do not think that there should be anything we should be worrying, we are in a situation where we need to realize bitcointalk is not for bitcoin lovers only, it hasn't been in a long time, ever since that 2018 crash happened there are too many people who say bad things about bitcoin in here as well, people who reached high level of membership in this forum all while saying bad things about bitcoin and even getting some support from others who think that way. I am not saying they are the majority of course, there are probably still more people who love bitcoin than people who hate it here, but people who hate bitcoin are still around and that is why bitcointalk could sometimes be very fair. Are you actually biased my friend? Why are people who say something bad about Bitcoin automatically bad? Maybe they have a point? Maybe not... That is why I said bias is fine as long as there is some substance to the argument. When I am soccer fan of Real Madrid and I say it is the best team in the world because... That's what I meant. I am biased because I am actually a fan, but I can still fuel a healthy discussion for as long as I provide contestable arguments. If I don't provide any arguments at all and just say Madrid is the best in the world because it is the best team in the world, that sucks.
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I think that ethereum can reach that price. in fact, we've seen the price of ethereum reached half of it when the bull run occurred. anyway, I quite believe that Vitalik will do his best to develop ethereum at this time. it will certainly have an effect in the future. enough coins want to drop ethereum, it will push ethereum even stronger.
$1000 is not a hard price for ETH, maybe many people at this point think that thinking is crazy when the market is getting worse. But what we should be looking at it is its potential and its importance, and I think if we were living in 2025 we would say it's an approximation. You miss one zero because @OP saying about $10,000, but you write $1,000 Ethereum can increase to $10k, but breaking $5,000 will not easy as the highest price before still below $5,000. But if this year still has another bull run, it could trigger the price to reach $3,000 and so on. In the next 5 years, I can not imagine how high the ethereum price will increase because maybe the price will be more than $10k. My prediction for ethereum in the next 5 years will be at more than $7,500. Yes mate! For me if you look at what ETH has built in the crypto market it is really impressive, we have been following and accompanying it since the early days and now as we are moving to the new stage of the market. Our faith in ETH is very strong, to be more precise I feel that authority is sometimes better than bitcoin. Until bitcoin can back to $40k, ethereum will not moves to the high price and will remain at that price but not increase or decrease too high or too low. Many investors still trust ethereum besides bitcoin and they are buying ethereum every time the price reaches the lower price. They are waiting for the next bull run for the altcoin because ethereum will also have a chance to increase if that happens. Well Ethereum is one of the few coins that does indeed outperform Bitcoin at times. Every now and then when Bitcoin pauses its bull run, it does happen that Ethereum catches up and reduces Bitcoin's dominance. As the two have fundamentally different value propositions, it does also make a lot of sense. If the new upgrades can be rolled out perfectly, that's another good sign for an upwards movement over the next few months. If it will be the ATH again, who knows.
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last month BNB seemed convinced that it would rise to the price of $1k but due to the bitcoin crash all coins couldn't continue to rise, all altcoins depended on the bitcoin price trend. maybe at this time we see that all cannot continue their journey to the price that was achieved but in a few years or months when bitcoin is back in an uptrend, everything will come back again. only buy when the price is cheap at this time, we don't know in the future the market will how this could be the cheapest price we can see on BNB.
If the market was stable in the last one month or so, we could have easily seen Bnb to 1000$ due to the hype of binance NFT marketplace. Since the bitcoin is somewhat bearish or uncertain at the momnet, the launch of NFT marketplace had no impact on bnb price. I wished if they should have postponed this launch to some better time. It's been scheduled and it's good enough for those who awaits for this feature. BNB will move upwards just the same as before, for now due to the heavy pressures of bearish momentum investors somehow are pausing for a little while, and afterwards, when pump starts comes up and the market is green again BNB will soon attracts investors and create a huge run.. I think for now it is uncertain whether Bitcoin will make another move and as long as it is uncertain what we can expect from Bitcoin, I don't think we will see BNB rush to $1k. In the mid or long term I see a very realistic possibility for BNB to reach that level. Solid business, solid set up for the whole corporation, it looks promising.
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The performance of Bitcoin is key to almost any other coin's ATH. If someone asks if Ripple can reach $5, a better question would be if Bitcoin can reach $150k. I am sure if that happens, Ripple will be at $5. For now it is still the case that Bitcoin is the most important precursor for other coins' price development.
Indeed, most alts are depending on bitcoin's movement, but don't think that XRP needs to wait until bitcoin rebound back to $150k as $60k would be enough to tigger top alts like XRP for taking bullish rally. It's because of the alt season which wasn't happened when bitcoin was taking bullish rally. Also, XRP might hit that $5 milestone if market rebound again as SEC issue isn't creating that much impact on the market and court is showing favor towards ripple. So, lets just wait for the rebounding of market to hit those desired new ATH for Ripple. Even the alt season, as many here call it, is fully dependent on Bitcoin. If alt coins are rallying and out of a sudden bad news let Bitcoin dump by 30%, rest assured that the rest of the market follows suit and also dumps like hell. After all it is Bitcoin that determines the direction alt coin prices go. Of course other coins can also make a move, but for that Bitcoin needs at least to be stable.
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After great crash and BNB going down I sold nearly all my CAKE coins. Anyways I love and trust this project. I think 3 digits isn't impossible for this coin. I want to invest in it but I wanna see Bitcoin s price recovering, in other words, bulls to return back.
You are wrong on here. You should sell your coin when it's already on above, not in bottom like now. Why do you need to sell when we are still cheap right now? You have multiple times chance to sell your coin when CAKE was above $40 or you just need to stake your CAKE without selling it Be careful with saying a coin is cheap. Almost nobody in this market knows whether the value a coin or token holds is justified. This is just a brand new market and could also be well overheated. If someone shows you some new piece of software than can do a couple of things, how do you even value it? I know you could say the value is what the market attaches to it, but as we have seen in the past the market can sporadically be immensely wrong. I don't think someone makes a false decision selling CAKE now, but it might also not be right. Though if someone says CAKE is cheap now, that sounds as if it were a definite given that it goes up a lot from here. I think it will go up, but I wouldn't say it is cheap because I might very well be wrong with my feeling. Any price below $100 for each CAKE is considered cheap for me, why i can't say that? This is biggest defi on BSC, why for $13 only are you saying this is too high? Compare it with ETH, which more more expensive than CAKE. You should see the stats of BSC compared ETH right now, do you still think CAKE won't be on top 10 coins later? You have chance to sell on $40 but you are prefer to sell it on current price, which is $13, where is your logic? Please be so kind and do me a favor and don't put words in my mouth. I never said it is too high, but I also never said it is too low. What I really said is that it's incredibly difficult to assess any asset in the crypto market as precisely as we can sometimes do with stocks. We can apply discounted cash flow models. Did you ever do that to Pancakeswap? Is it even perfectly suitable to do that? Oh I am optimistic for CAKE, no doubt about that. It sometimes is just difficult to apply any specific scale to crypto assets yet and see where a coin should fit in. For us Coinmarketcap is the ultimate scale! It has always been. We look at a coin and say that one should be top ten. What are the top ten worth? Alright then this one should be worth $100.
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People's decisions being asked here are pretty biased, knowing that you are requesting many people who are members of the best forum out there, bitcointalk. And we all want to have crypto and let it increase in price.
Realistically speaking, I'm pretty concerned with what happened to the world recently, with all the pandemics and stuff. There's a significant increase in the money supply because there are needs to be met and loans defaulting because of the hard life we experience. The fact that the price increased so much just coming from a severe event is quite problematic, IMO.
I'm not sure, but I want to believe that it will increase in price, but we won't know unless it happens again.
Well the bias is inevitable, after all the majority of those that are part of this forum are holding some coins so it makes sense we want for the market to go up during the next months, but it is precisely the economic instability why I think this is a given. Inflation while raising is still not going up as much or as fast as it could and this is because a great deal of the money that was printed went to the stock markets and we benefited as well from this, but if this continues, and I do not see why it will not, then the market will once again show growth, the only issue is to know when that will happen but if you are a long term holder then this question holds no meaning to you. Bias is fine for as long as it is founded on rational analysis. If I hold a coin because I can see the advantageous over another coin and I am also able to point out the weakness of other coins, a healthy discussion could arise right? Maybe someone doesn't see the weakness of a coin they hold. Maybe I don't see weaknesses of a coin I hold. So generally speaking it is fine to be biased, but be biased for a reason other than being a fanboy. That is what this forum sometimes lacks. People promote their coins not because they have profound technical knowledge, but because they themselves don't even know what they bought and are now desperately hoping for it to go up. Anyway, I think anything can happen in the second half. It depends on variables nobody can predict. Could be surprising good or bad regulation or essentially anything that has an influence on one or all cryptos. I believe the second half won't be too bad, I don't think we'll see a bloodbath as long as there are no unforeseen bad news coming.
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After great crash and BNB going down I sold nearly all my CAKE coins. Anyways I love and trust this project. I think 3 digits isn't impossible for this coin. I want to invest in it but I wanna see Bitcoin s price recovering, in other words, bulls to return back.
You are wrong on here. You should sell your coin when it's already on above, not in bottom like now. Why do you need to sell when we are still cheap right now? You have multiple times chance to sell your coin when CAKE was above $40 or you just need to stake your CAKE without selling it Be careful with saying a coin is cheap. Almost nobody in this market knows whether the value a coin or token holds is justified. This is just a brand new market and could also be well overheated. If someone shows you some new piece of software than can do a couple of things, how do you even value it? I know you could say the value is what the market attaches to it, but as we have seen in the past the market can sporadically be immensely wrong. I don't think someone makes a false decision selling CAKE now, but it might also not be right. Though if someone says CAKE is cheap now, that sounds as if it were a definite given that it goes up a lot from here. I think it will go up, but I wouldn't say it is cheap because I might very well be wrong with my feeling.
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Updated. XRP has been struggling to reach 0.7USD but has not been able to reach the level, it should also be noted that the performance of BTC that could not exceed $ 36k, tested the price levels but found a great offer, but the bulls are with the total intentions of being able to go higher: Tonight the pair returned from the maximum zone to the area of average prices and stopped the decline, but if the bears break through the support of the EMA55 moving average, the price can roll back to the POC line ($0.641). Source: https://u.today/btc-xrp-ltc-link-and-xlm-price-analysis-for-july-5XRP has had a huge surge despite all the issues with the SEC, while prices are now only emerging per market share, traders and investors care much more about the value of XRP for what it represents. The performance of Bitcoin is key to almost any other coin's ATH. If someone asks if Ripple can reach $5, a better question would be if Bitcoin can reach $150k. I am sure if that happens, Ripple will be at $5. For now it is still the case that Bitcoin is the most important precursor for other coins' price development. The SEC issue was weird in my opinion. I thought why would it surge even though there is so much trouble? That's the moment when I always think of insider information.
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Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?
If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million
I still dislike that they don't announce those burns sufficiently in advance with the exact date and time. This way the Binance guys can always use these burns to their advantage or am I missing anything here? They should have a fixed schedule to give everyone in the market the same chance to make an informed decision on their own.
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Current number of post (Including this one): 249 BEP20(BSC) address: 0x0bdd067DBcd17ecCa4eeC44f451ACAE2a04EE834
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Today when I checked I saw that pancakeswap was going bigger than uniswap and that is a big deal. Not for uniswap, that is a big deal for pancakeswap and I think it is not looking great for them. I know that there is a good amount of fight between the two of them right now, and BSC is winning because of the cheap fee and no matter how many times erc fans keep saying "eth gas fee is lower now" they do not tell you the fact that it is 10x more expensive then bsc instead of 30x more expensive, and that is not good enough.
If uniswap can figure out that problem in some way, don't care how but if they can solve it, then uniswap will get bigger and uni token will get bigger with it, but if this keeps going on then I am afraid they are going to keep losing the fight against cake and eventually cake will be a much bigger token while uni will become less.
Uniswap has already figured out a way to solve the "high gas fee" issue on the ETH blockchain. The project will make use of the "Arbitrum" scaling solution for lightning-fast trades at a fraction of the cost. Uniswap will be able to keep in par with its competitors once the aforementioned scaling solution becomes live. PancakeSwap won't stand a chance against Uniswap because the latter has greater liquidity and mainstream adoption. $50 per UNI token is nothing, considering the new features V3 will provide. If all goes well, we might see "UNI" go all the way to $100 per token. Everything will depend on mainstream demand above anything else. Nonetheless, crypto behaves in strange and bizarre ways. While anyone can predict a crypto asset's future price, real use cases is what determines its true value in the long run. Whenever "UNI" will be worth more or less than $50 in the future, it's yet to be determined. As an investor, I hope the Uniswap project becomes a widespread success so that the UNI token could go all the way to the moon. That way I could reap large profits to re-invest them into Bitcoin or Ethereum. But sometimes, things don't work out the way we want to. As long as Uniswap remains decentralized, nothing else matters. Just my opinion Nice read and thanks for sharing as I wasn't aware of the Arbitrum scaling solution. But what does it mean when you say a fraction of a cost? Right now you sometimes pay 60 dollars for a trade although the normal transaction fees on the Ethereum network are much lower. If they want to compete with Binance Smart Chain, which I recently tried, they have to improve upon their gas fees massively. BSC is really cheap and fast and they have the Binance exchange connected to it and everything works smoothly and quickly once you understood all the steps of the process. If that scaling solution is secure and has competitive fees, then certainly Uniswap is in a great spot for further gains.
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I've seen many smart contract platforms rise all the way from the ground because of the "De-Fi"/NFTs hype. Coins like Cardano, Binance Coin, and even Polkadot became extremely popular at a very fast pace. But that's another story with TRON since the coin struggles to get past $0.20. This is odd, considering that transactions on the TRX blockchain are blazing-fast (almost instantaneous) and dirt-cheap (sometimes even free). A smart contract platform like TRON should've been worth more than $1 by now. I'm surprised to see this happening with TRX right now, considering that Justin Sun constantly "shills" his project across Twitter. What are your thoughts? Do you think TRX will go all the way to $1 someday? If not, why? How much do you think TRX will be worth by the end of the year? Your input will be greatly appreciated. Thank you very much. The issue for Trop can't be the decentralization because if I understand correctly how Tron works then it is very similar to the functionality of Binance Smart Chain. The difference could be that Binance has this cross-selling potential with its centralized exchange and it is much easier for them to drag large numbers of users directly from their centralized business to their decentralized application platform. I think Trop is far away from having this all-encompassing ecosystem.
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We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs. We see the last dip 50% and its not even a bear market.
If we hit a bearmarket all the cryptos go down again.
Opinions?
if indeed the price of Cardano drops to 0.5$ and Ethereum to $800, then of course I will definitely buy Cardano and Ethereum with all my money, because I'm sure the price of Cardano and Ethereum will definitely increase very high again in the next years and even create a new ATH price, so I will get a big profit from investing in Cardano and Ethereum. Both prices you mentioned are definitely not impossible, but for Ethereum that would be a harsh decline I must say. What we must have in mind although during bull runs it looks different is that not every single coin can be worth a couple 100 billion dollars. That's not possible.
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I still see it's a very difficult thing to achieve, even to reach the price of $10, it's still quite difficult for this year. maybe it will happen if a big pump happens, but based on the current situation, I also think that the high rise is around $3.
It seemed for a moment that Cardano could be ready for a serious bull run, but frankly speaking a tanking Bitcoin also crossed those plans. I think if Bitcoin were running still well Cardano could have benefited from that momentum a lot. The market still unclear, even Cardano is set to go investors still fearing that Bitcoin will meesed it up, the support for this project is there but it's need more flowing money to reached that target amount. Maybe for another year if not this year, once a healhty market run comes up this coin is one of those good alternative that will also recieved investment. I also don't really know and have no feeling for where Cardano really stands in terms of its potential. One could just say it should be higher in the rankings of coinmarketcap but I don't know. The potential is there and we all know that sometimes (or very often) it is all about the whales preparing a move and going for it. The potential isn't that decisive anymore then.
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May is the month of decline for the entire crypto market.
Do you believe that June and next time will be a good future???
in my experience, June is the start of a new bull cycle. Let's share the coins and platforms you hold. Let's go to the moon together.
#tonytuyen #hold #bitcoin #crypto #dautuonline #defi #bitcoindefi
There have been plenty of discussions on this forum about seasons and specific months and there are also graphics where historical gains are displayed. It is good to have those resources and everyone can have a look at them and keep it in the back of their head, but would you sell simply because a specific month didn't go that well for crypto last year and the year before? That seems naive to me. There could be momentum in the market that is a whole lot of different from the momentum during those other years. Generalizing based on the past is no strategy to me.
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Dogecoin coin is still doing well and there some people who are taking over from where Elon left off in terms of pumping dogecoin! The capitalization of doge is huge right now and the positive sentiment is still surrounding the dogecoin. For how long this going to last, nobody knows. But I will sure ride this positive sentiments until it's no longer there!
It's still dependent on the performance of bitcoin, there's no hype if bitcoin is down, and if bitcoin will go bearish and will go down $30k, I doubt DOGE will still stay at the current price. While some people are still expecting DOGE to reach $1, we should also look at the other side, the bad side which DOGE could go down again at $0.1. I'm already hearing a lot of bad news about DOGE, it's overhyped and therefore it will correct soon. No way will alts stay strong or at least 99% won't unless a miracle happens. The bad news for Dogecoin exist mainly because it is a damn meme coin and it is also inflationary forever. However, being positively critical even with Dogecoin is also important. Just saying it is bullshit is not the right way to go about it. If Dogecoin gets an army of developers behind it and a lot of funding, I don't know what makes it necessary worse than other coins except for the fact that you can't take it for real somehow.
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