Good move, the more doors where people can get as much XEM as they could, the better.
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Believed in ETH for several years now, if you jump away because of the -20% dump, then you don't deserve the XXXX% pump upcoming.. Pandemic has really made the economy suffer, and people are finding ways to take profits in any way they can. In the crypto industry, traders can win if they play it smart, bounties are no longer a thing but grabbed some XEM's for their 1:1 airdrop with their new token, anything that can make me money to go and buy something is key right now.
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Is this XEM's airdrop for their new token? How does this work?
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I'm very bullish with ETH these days, as I type right now, we've reached an ATH for the past 1 year at $462. And its not showing signs of slowing down. Ethereum 2.0 will be an incredible upgrade and achievement for Eth from a decentralized finance DeFi use case point of view. And while DeFi projects are also booming, what can also help them is a similar project to ETH which is NEM's Symbol blockchain which can help scalability and provide liquidity. With all these moves from ETH and others, we'll reach a new ATH before this year ends. Do you guys think that we can get a new ATH this 2020 for Ethereum?
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It's great to see ETH2.0 tested without any issues showing up at all, this is one of the reasons why ETH pumped like crazy for the past few days. It even reached $462 today, which is a new ATH for the past 1 year. You also have to admire what Vitalik and the team is doing, they're not stopping with the project development and is kinda similar to what NEM has been doing. If ETH2.0 is for ETH, they got Symbol which is blockchain for businesses, people are already using it prior to their token launch.
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In the past years maybe before bull run in 2017, many start-up project continue using celebrities in hyping their project and bringing in investors. I can still remember AVXchange using Taylor Swift but the project is dead today. https://mobile.twitter.com/avxchange/status/1145984881454792709?
The most useful tools in the crypto space in avoiding following unconfirmed or faulty news about celebrities joining project/ investing in project is thorough research. These news may not be the exact official news from jayz and I advise investors to be careful when choosing projects. I remember the Mayweather news, but I agree that people should still do their own research prior to investing on any projects. I do think that this is different as Jay-Z spent millions of his own dollars. I'm not really sure though if he already started promoting it.
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This definitely will, the fact that Jay-Z spent millions of his own money to buy that VR token proves that he's really into it.
It's also a good validator that he's a believer of the technology. He's well-connected to big celebrities and can be a good influence to them.
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Not much info here, people will most likely read this as a scam. Can you post more relevant info about your company, who are you looking for, etc.?
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I think that I've seen a couple these in the market but really no proof that its already being used by companies. What stood out from me is NEM 's new open-source blockchain platform Symbol that is being used by a wine and cbd company to ensure supply chain, traceability in their respective industries, and avoid fraud. I also think that they're aiming for companies to register physical items into their blockchain, so this is something that you may wanna take a look at.
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Bitcoin and ETH are pumping like crazy, breaking past records. Asides from HODL'ing all these, I'm also keeping some XEM's with me to prepare for their 1:1 airdrop this Q4. As for the market, this is the highest close to a monthly candle since the ATH back in 2017 of 20k. If you are not bullish at this time you are crazy. This week saw us break the 2.5 year descending resistance and we are finally starting to witness a pump. Another reason is the halving is well behind us and the pumps that occur post halving are not typically immediate. But we climbed over 2k in a matter of days and that was what I was expecting when we broke the 2.5-year resistance.
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Blockchain technology, being the ledger that anyone can't fake nor tamper, is very valuable during this age where we're at, which is where everything is happening digitally.
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It can be very useful, imagine the speed and all other benefits that people can get from blockchain,, it will be very useful, even cost-wise
If Symbol becomes successful in the healthcare sector, then their token will surely gain value. I imagine hospital records that are still operating in paper is still huge, they can speed everything up and secure data with the help of blockchain technology.
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Good top 6 OP, there are really good alts out there making a move now in the price.
1. ETH (Coz its just ETH) 2. BNB 3. Chainlink 4. Symbol from NEM (Bank of Lithuania, Wine company, etc. are already using them prior to their launch) 5. Doge 6. Cardano
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Great news for adoption overall. This move from the Bank of Lithuania is yet another step towards implementing one of the Bank of Lithuania’s strategic directions in the field of innovation and fintech. And even better, using cryptocurrency as a concept, and Symbol blockchain. Knowing that their coin will be used not just here, but even on other spaces will truly reflect on its value once it launches.
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Yes, probably. Scam and fraud can be found on ALL industries, and I remember seeing like a sneaker company (I forgot if it's Nike or something) that was planning to use blockchain to use as proof of authenticity for a specific shoe.
If Symbol becomes the universal platform that companies will use, the token price will surely grow and probably do better than NEMs.
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If it's NEM, then it should be worth taking a look at BUTTTTTT, I'm pretty sure that it's not only for collecting fees for parties.
Will XYM be their means of fees in the platform?
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Some businesses are already using it, but it's just not widely promoted. The challenge might be on the integration side and they'll run into problems if not careful.
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This is something that I'm thinking, why won't the top 10~top 50 coins do it so that it can help their shareholders multiply their wealth. STEEM did it, and now XEM is doing a 1:1 drop for their XYM which has decentralization features to target the market cap too. https://medium.com/nemofficial/public-testnet-and-symbol-launch-8470713a7962Will the project feature push it, or will the mere fact that it came from NEM will most likely push their new token to success. Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?
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Permissionless blockchain systems, such as Bitcoin, rely on users using their computational power to solve a puzzle in order to achieve a consensus. To incentivize users in maintaining the system, newly minted coins are assigned to the user who solves this puzzle. On the other hand, proof of stake systems incentivize coin hoarding as players maximize their utility by holding their stakes. As a result, existing cryptocurrencies do not mimic the day-to-day usability of a fiat currency, but are rather regarded as crypto-assets or investment vectors. I also think that it's possible to implement an auction without requiring a semi-trusted party, where every miner in the network is a potential bidder.
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