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They will adopt cryptocurrency cause they have seen the potential of it but I don't think that replacing our traditional fiat currency will be replaced by them. They will not replaced them but the community or the people will do. Thats the essence of blockchain/cryptocurrency, we dont need a central authority to hold us. Crypto is freedom.
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You are right in this thread, many team's project treating bounty hunters almost nothing. They always locked the bounty tokens and the worst case is they never distributed it to the hunters. The only solution to this is to escrow all the bounty allocation and some bounty managers did this which is a good thing like Julerz, always escrow the bounty allocation.
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Since you already lost a lot in trading I assume that you already learn from this past mistakes and gain experience in your future trades. If you really want to trade then do it again until you master trading and you can profit from it. Or if you already quit trading then try to do some long term investments on specific coin like bitcoin, ethereum and BNB.
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Its true that the hype of binance chain and dex right now is gone but the real thing is they focus on fiat gateway right now. And there are still quality projects migrating to binance chain. Binance really becomes an amazing ecosystem that have so many usecases in different variety. Launchpad hype is still on play, as long as they gain profit from it.
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Yes that would be ideal but not most of altcoins will increase in price. Only the altcoins that have usecase and good team. Investors and holders already learn, they will not buy useless token anymore. They already learn, those token who dont have usecase will turn worthless in the long run.
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High risk high reward though as most of altcoins in the market dont have usecase and not good for long term. People lost money mostly on altcoins thinking that altcoin will moon in months but most of them failed or turned out to be scam.I would suggest to hold on bitcoin, slowly getting profit over time.
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No doubt that Binance coin outperformed Bitcoin and other altcoins in terms of price surge. But that doesnt define that he will be the next bitcoin, no one can replace bitcoin because of its decentralization feature. Bitcoin will be the king and Binance coin will continue to adopt by the people around the world as they are leading in fiat gateways in different country.
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If you look at some altcoins in the market we can say that there are so many better than bitcoin in terms of technology itself. But the problem with this altcoins are some of them turns into centralized in some way and people dont want centralization on some aspects. What truly people wants is decentralization so that no central authority can control it.
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XRP has a better chance of going mainstream than larger coins such as BTC or ETH, because it is maintained by a centralized company and people usually look for a company that can provide support for it.
I'm looking to see how stores would be able to put a "Pay with XRP" button on their websites just like Paypal.
XRP is not worth a lot of money so most things will be priced in units of XRP which is another advantage that larger coins do not have.
How about refunds? Most people want or need to make refunds on their purchases so would there be a way for Ripple to bear the loss of that and issue those?
That is true that XRP is very centralized in every way and that was the reason I didn't hold XRP for too long. This is blockchain man, decentralization must be the first to take place. The main reason why people dont want centralized coins is that it have a high probability of being greedy team members. I must say bitcoin will be the highest chance to become mainstream in the future, they have all what it takes and take note that they have the best developers in the space working hard to fix the flaws the bitcoin chain have. |
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If you want to do day trading then candle stick reading is one of the best strategy, try to find them on the youtube. There are many videos made by a traders out there. I suggest that you do learn about indicators as well such as RSI, MACD and VOLUME. If you can master this indicators then I'm sure you can trade profitably.
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Actually hindi talaga ko naniniwala dito kasi parang walang connect yung araw pagdating sa presyo ng bitcoin. Pero batay sa pagaanalyze ko lunes talaga ang pinakamagandang araw na bumili ng bitcoin, ito yung tinatawag nilang "monday dump". Ngunit hindi ito palaging nangyayari mas malimit lang talaga na kapag papatak ang araw ng lunes ay magdudump ang bitcoin.
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It is very hard to stop all fraudulent project in the crypto space, there is too many of them and some them are in disguised of having a good developments and hardworking team. We never knew at first when it is a scam or not but this is my tip. If you see some redflags on the project along the way then stop promoting it then move on. There is too many projects out there clearly focused on the developments.
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As the market trend goes right now, I dont see bounty campaigns will do good. It looks like bounties will totally be dead in the months to come. I agree that STO nowadays are some total scam but we still haven't seen a STO trend which are regulated and well-managed. But I think there will be still some projects will do bounties, example of this is the projects that are already in exchange but just want to continue promoting their project.
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You cannot blame Vitalik and his team selling at all time high, they need funds as well to continue development of the project itself. As you have said, ethereum is already a main factor on the crypto market so it will not go dump without very huge reasons like they cant transition their network to POS. But as for me, I still believe in ethereum that they will continue to impress people in the coming years, ethereum keeps on building they never stop.
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People wants passive income and they see this as passive but thats very wrong. Many investors think of this scam as legit once it pays in the beginning. But they just pay it of on first just to get some attention to some investors to invest more on their tradings. The best way to earn is learning it by yourself so you will not invest your hard earned money in this kind of scam.
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It is indeed the two of the best coins to hold for more than a year, if you want less risk then go for those two. But I personally prefer Binance coin to hold, the coin have more potential to grow as they are burning some tokens quarterly and no doubt that their binance chain are still growing with top class altcoins in the market.
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There are so many ways to earn cryptocurrency today, bounty hunting is the most popular. If you have skills then go for trading. Since bounty hunting earns very few this days I started taking part time jobs like community manager or social media manager. If you are a programmer or developer then find a job that suits your skills.
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This 2020 will surely bring huge demand on the overall market itself as two best cryptocurrencies will have major event, bitcoin will have its halving and ethereum will switch to POS from POW. We dont know yet what impact this could bring but this will be huge. This 2020 is all about adoption and using blockchain and cryptocurrency in the real world for them to be used.
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I think this is a good news,bear market have advantages as well. It cleans the whole altcoin market, those who have no usecase and built on pure hype will not recover on bear market and will continue to dump as they vanish from the space. I love to see the industry that is there are altcoins that real life usecase only and those who didnt have will not recover and will continue to die.
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Good news ito dahil patuloy ang adopsyon ng bitcoin o cryptocurrency sa iba't ibang bansa. Kahit na napakavolatile ng bitcoin, pinipili pa din ng ibang sikat katulad nitong rapper na ito na tumanggap ng bitcoin bilang kabayaran. Sa ngayon wala pa masyadong sikat na personality sa Pilipinas ang nagpapahayag ng ganyan pero hopefully, in this coming years magkaroon na at mga malalaking negosyo and tumanggap ng bitcoin bilang kabayaran.
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