If the US bans cryptocurrencies, it is certain that a sharp drop will happen to the market because investors from the US have a loyal and professional attitude in investing with crypto. With the current situation of policies from both government and businesses, a Crypto ban event will not be possible as many US companies are holding crypto and Coinbase is the first crypto company to have a successful IPO.
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It is most likely to happen when ADA is at $2.13 and the capitalization of this project is at $67 billion. It is still very low compared to Bitcoin and is 1/5th the capitalization of Ethereum. To get to $10 in a reasonable way, Bitcoin and ETH need to be at least twice as big as they are now. The fomo of the ADA community is huge, but it also needs to be reasonable in value as ADA has many DApps like DEFI, NFT gaming...
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Messi is the detonator of the rocket PSG token. The value of this token has increased rapidly when it is revealed that Messi has joined Paris Saint Germain. If Ronaldo or another star joins this football club then PSG could reach a new ATH. The power of famous players in this case is too great.
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Bitcoin is an alternative database for accounting. People can transact peer-to-peer without any intermediaries. Thereby saving costs and saving time for depositors and recipients. There are too many people using Bitcoin nowadays so it's not as fast as it was when it was invented. Bitcoin has economic and computer science value as it eliminates intermediaries in transactions, the scarcity over time, and the limited supply that keeps Bitcoin prices up; The scientific value of Bitcoin is the first blockchain. Thanks to Bitcoin, new ideas and concepts about blockchain were born.
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Cryptocurrencies rise and fall together for various reasons, and they follow the laws of the BTC.D domain and the volatility of Bitcoin. Besides, some crypto projects have escaped that movement and gone their own way. For example bad news and good news. Some altcoins diverge and move in a bullish direction due to user demand. Most recently recorded AXS increased about 20 times in two months.
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I think it's worth buying because there are many quality altcoins projects with warm community support. Investing in altcoins is also a way to increase your wealth quickly. Of course, you should only invest a part of the asset and have a suitable strategy because altcoins have a very large fluctuation range along with potential risks inside the source code.
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Bitcoin is receiving active support from companies around the world. They choose Bitcoin and that's how Bitcoin enter the world economy. As companies hold Bitcoin, the state will have to make specific laws to regulate Bitcoin. That support will make Bitcoin expand its market share and increase its capitalization. That also means that the cryptocurrency market will be more active.
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I choose Bitcoin, Ethereum is the top priority for the total amount that I have. The rest of the money will be bet on projects with lower capitalization. I invested in Lamden because the capitalization of this project is very low only about 8 million USD while it has launched mainnet, NFT, AMM. In the near future they will have the game NFT play to earn and system hierarchy when allowing the establishment of nodes.
Another project that I identify as a long-term investment is Vulcanforged. The project has NFT play to earn game ecosystem, NFT marketplace. Game studio has over 40 employees, they have their own games and many other projects are collaborating, operating on Vulcanmaketplace.
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NFT gaming is trending. People are making money in games. It's the easiest way to access blockchain today. Blockchain applications such as data management or payment services already exist but cannot be as popular as blockchain games. More and more we will see that blockchain will swing into everyday life.
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Is there anything that stands out about this DOT project? I just remember during the sale in May, the DOT had a huge drop in price. I prefer Cardano and Matic because these projects have produced many specific Dapps. Projects on DOT are still part of Ethereum. Another thing is that #RUST is a terrible language and few programmers will succeed on DOT.
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Cryptocurrency is also just a kind of software, it's a solution to anything. How can the government stop cryptocurrencies because cryptocurrencies are built on blockchain technology. Many blockchain projects are anonymous so it will be difficult to prevent a new project from being created. A project that wants to develop for a long time needs to be legal and receive the recognition of the community. In the crypto space, the government has less power compared to other markets.
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Bitcointalk Username: int03h Current post count: 599 Merit earned in last 120 days: 1 ETH wallet [Must be the same which you used at the standard website.]: 0x8A9a6ffF14b8Bf50E96e3095CccD5fd0E0C05b20
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This time is not for sale. We have seen Bitcoin grow for a long time despite the bear market so the longer holding the bigger the profit. Only those who choose to trade sell because they see broken technical analysis.
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For now, i only focus on my crypto investments because in this time of pandemic, i see no other investments that will flourish as much as crypto always do. It's just a matter of self focus and determination to never end up in a trap and stay positive even if the market is in a crash.
I also have other plans to start with another investment but it will only happen once i'll make huge profits from crypto hopefully when this bull run comes. It's always a good feeling having different sources of income that are both in demand. When one seems to fail, atleast you still have other investment to hold onto.
Sure, the profits from cryptocurrencies are huge. We must be patient with our investments. If I get a big profit from cryptocurrencies, I will think about other investments like real estate, stocks, and other investments. I'm currently studying auto repair. I think it will bring me a good income soon when more people use cars.
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There is too much bad news coming to the market right now and the Bitcoin chart is also very bad. Right now those who hold cash have an edge over anyone in the market. A big break will have to happen for the market to continue growing. It could take months for the market to bounce back, no one knows what the lowest price for crypto is right now. So staying out of the market is a wise move.
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I am investing in cryptocurrencies, other than that I have no other investments. With my small amount of money investing in cryptocurrencies is the way that I can expect wealth to happen because their growth rate is very large. Investing in stocks will take longer and yield less. At least I've had a few years in the crypto space so I'm confident I've managed my investment.
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I went about 4 years ago to Paraguay.. there is a restaurant there that time they accepted the payment with Bitcoin.. dont know if they are accepting nowadays. if countries legally accept BTC. Then maybe the next time will be the real uptrend
Paraguay and El Salvador are two small countries and the cash flow cannot be higher than in China. Today Agricultural Bank is China's third-largest bank to have banned Bitcoin-related transactions. Also this month Bitcoin mining pools in China had to shut down. Right now we are dealing with too heavy FUD. Bitcoin's chart is in a short-term downtrend, we can't change it. So the news is just an auxiliary factor and it has only motivating value in a bull market, in a bear market, it doesn't promote much value.
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If the IMF had a choice between a world with no Bitcoin and a world with Bitcoin, I think it's fair to say they want Bitcoin gone.
IMF gives grants to small countries.
What will cripple Bitcoin more than Tesla announcing they will accept Bitcoin and then later revoking it? A country such as El Salvador announcing they will accept Bitcoin as legal tender and then later revoking it and claiming it didn't work out.
If we put one and one together, is it possible that IMF promised to increase grants to El Salvador if they accept and later revoke Bitcoin, in an attempt to de-legitimise Bitcoin?
70% of El Salvadorans do not have a bank account and their currency is US dollars. The people of El Salvador love Bitcoin so there is no reason for the country to change constantly, which could create disturbances to the national economy. We have to wait and see if bitcoin helps El Salvador's economy go up. To replace Bitcoin with another means of payment, the government of El Salvador needs a better means of cashless payment than Bitcoin.
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This is our chance to see bad projects sink and really great ones emerge. It won't happen dude. The altcoin gets dumped but when some bad projects already dead and then the creator of thse dead projects will be creating a new one with the different name. the bearish market means nothing for the people but we can hope that people will always try to pick the legit altcoin instead of send their money to the garbage tokens. This time altcoin lose against the bitcoin dominance. Do you mean projects with anonymous teams? I think any project with an anonymous team can invest in. Other programmers will censor the source code and give reviews. Legitimacy is only one aspect and any project can build a legal system, even legitimate projects can fail or stop halfway. In the crypto space, only source code is still the most important thing. Do you mean Bitcoin is a legit project until it gets recognized?
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The crypto market needs rallies like these. This is our chance to see bad projects sink and really great ones emerge. This purge also made people aware of cryptocurrencies and technology visibility. It's time for cryptocurrencies to be invested with a more careful, professional attitude.
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