Nothing special with Libra, they are just a stable coin, not like Bitcoin and Ethereum with decentralized, Facebook Libra become centralized. I think, Libra very hard to get mass adoption, because authorithy rejected Libra. If you read on news yesterday, Their partner such as Visa, PayPal and more already left from this project. No trust, no community it's mean no buyers for Libra.
If you believe the words of David Marcus, the projects that left Libra do not have to be present at all of the launch itself. They can easily join later, because in order to use Libra in their services, almost nothing is needed. Those projects that are now included in Libra and which will be included in it in the near future, according to Marcus, will be network validators. |
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Are you serious? You have gained invaluable experience that you do not appreciate. You only lost $ 100 at a time when many lose tens of thousands of dollars when investing in highly dubious coins, like yours.
I have never heard of your coin at all, and I see it in the first. They hope that $ 100 will be turned into $ 1,000,000 at least rashly.
Accept this experience, move on. Day trading is an extremely difficult thing to study it properly before giving yourself another high expectations.
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It can be assumed that the coin exchanges pay interest rates due to the retained value from the hold. After all, the more coins are in the hold, the less likely the price will fall, or rather, the decline will be less significant depending on the number of coins circulating in the market.
Also, while the coins are in the hold of the exchange, they are used to provide liquidity and to issue loans. As a result, the circulation of money continues and at the right time you receive your dividends.
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Doesn’t it bother anyone that a novice guy with only 6 messages gives out typical investment tips? At the same time, its registration date is November 2018. The first message was written in March, which means he had to meet such topics more than once. This is strange.
How many do not apply such advices, you will not receive any guarantees. No matter how much you like the project, no matter how much you love it. It makes sense to invest on the decline in the assets of the large-cap, no less.
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Such a scenario is easily possible. Talking about the Bounty, it makes sense to participate in the projects of only those managers who take different companies and have been on the market for a long time. If you see a project that is new and provides its own manager, it is possible that this manager will be in a team with the developers, or he himself will be one of them. In addition, this is a bad sign meaning that the project does not have money to pay Bounty to the manager and they save.
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Unknown exchange offering 0% commission. Immediately striking is the lack of volumes. How are you going to provide liquidity.
The design is also quite old-fashioned, it can be seen that not so much money was invested in the exchange, and this is already alarming.
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Bitcoin is not stable is a fact. This is the biggest difficulty for the full transition of all people to cryptocurrency. There is nothing surprising in the fact that regulators are trying so hard to ban the Libra project.
After all, according to Marcus, Libra will be a stable version of bitcoin. It doesn’t matter if it will be an analog of bitcoin at all, it is important that it will be a stable cryptocurrency used everywhere, which means that people will not be afraid to transfer their funds to this currency and use it. Mass adaptation here and now.
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In general, it will be bad for crypto-market. Also, some of equity which escape from falling stock market may directed to crypto-market and cause to an increase on prices. There are many investors who started to see crypto-market as an alternative and they would invest a small part of their capital on cryptos.
Considering that now we have such a loophole as the crypto market and cryptocurrencies, manipulations are not ruled out during which there will be a systematic movement of money from the usual financial market to the cryptocurrency and vice versa. Thus, speculation will be made involving the preservation of the value of the assets of stock markets. But you need to remember that the stock market is much larger than the cryptocurrency market. |
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The whole crypto world is against it
yes, there is a point. whole crypto is about decentralization and freedom and anonymity while Libra and facebook proves one thing - they are against it so I hope facebook won't succeed ! Lol, you have said my mind, it is a fight they are bringing to us which their system will even favor the government more than us. First, they have created a centralized coin which if used will really exposed lots of us to government, and secondly, they are going to have a stable coin which is not going to benefit us in anyway because of its lack of volatility, so why then should I use Facebook coin when it will not benefit us in anyway. People can never stand by Facebook coin as much as they do stand with bitcoin, because they know what the worth of bitcoin is to them financially and Technology wise, that is why people will stand against government at any time if they really go for a fight against bitcoin, but people will join government in attacking Libra coin that is a centralized one. No one forces you to use the services of Libra. If you are for anonymity and decentralization, excellent, there are many options that you will be comfortable with. There are people who, on the contrary, prefer banking financial institutions and complete centralization to cryptocurrencies, and options must also be created for them. In addition, we already live in a centralized world that is becoming more centralized. Passports, cameras, chips, identification, doctors, insurance and so on. Probably the future will be completely centralized. |
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This technology will not lose in price and will be popular if it is used. What is the use of hiring cool professionals and all of these new consensus protocols if technology is not widely used.
Cryptocurrency goes the way of its formation from private to general. Given the enormous competition in this area, we can conclude that the development will be rapid.
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One of the reasons why people fall into scam so easily is the desire to earn money, which in turn comes from want. Most of these people hope that in life there will be a chance that will help them become financially independent. They often accept scammers' offers for the very chance they have been waiting for. Scammers, in turn, are happy to make such promises. Critical thinking in these cases is almost turned off and the person goes directly into the trap.
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I think that the price of altcoins can grow only when it reaches the bottom. Probably now one of the lowest prices for altcoins. I expect a decrease of another 10% -20% solely due to the behavior of bitcoin. But I do not think that the price can fall even lower, which means that in the future, my investments in altcoins should pay off in the near future. The only risk is a possible deeper drop in bitcoin that could cause altcoins to freeze in place.
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The reason that during the July pump the price did not go further is the lack of FOMO. Large players decided that raising the price above $ 13k is not reasonable due to the fact that too little new money has come to the market. Therefore, they began to sell part of Bitcoin, taking profits, lowered the price, and now they are gaining even more positions in Bitcoin and some altcoins. The next major pump is probably being prepared, but when it will not be known, it is possible by the end of the year or at the beginning of 2020.
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true you say, it is enough to traumatize MT.GOX events etc., trauma has slightly reduced my trust by centralizing the exchanger, since the incident a few years ago I switched to dex, the dex I can use is Cryptobridge and Waves, but after learning that binance launched dex did not rule out the possibility of me moving and focusing there.
Using centralized exchanges there are always risks that are rather uncertain. Sometimes exchanges work for years and have an impeccable reputation, and then at some point X day comes when the exchange is hacked. In theory, anyone who controlled the exchange can be hacked is just a matter of technology and technology. Therefore, always be careful when using an intermediary such as centralized exchanges. The dexes can really be an alternative. |
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I think so because this time blockchain technology plays a big role in our economy for now especially in Government where it can reduce the operating cost in a particular payment process so I think it's one of the reasons why it can boost our economy. There are different companies now embracing blockchain technology because it can make a good service to their company and it also helps to boost the economic growth to make payment processor more reliable services. Even the country of China they are now starting using blockchain technology own their own.
Within the state, blockchain is really capable of bearing a lot of useful things. However, blockchain is a system without intermediaries, so if the state completely switches to blockchain and cryptocurrencies it loses compulsory fees from the population, which will call into question the very functioning of the state’s infrastructure. That is, they will have to build relationships with people in such a way that they themselves want to put part of their funds into the infrastructure development fund. |
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I think the real bears present on this forum can only be traders. All the rest, one way or another, probably would like to earn and increase the amount of funds in the bull market.
Because it is simpler and safer. The current bear market is a heap of manipulations.
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No wonder, cryptocurrency hype no matter what it is has a very strong influence on large corporations. Nobody wants to lose their jackpot in the future. Everyone is afraid that once again they will miss the moment when it was possible to earn a lot of money for cryptocurrencies, I remember 2017. Therefore, now everyone will somehow implement the blog chain and various services their activities.
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Bitcoin is down for pretty obvious reasons.
First of all, this is the lack of interest in cryptocurrency on the part of most people.
Due to the lack of this interest, large capitals are in no hurry to transfer their assets to the cryptocurrency zone.
Therefore, now we see how with small volumes trading occurs with a small amplitude.
All this in the future may lead to speculative growth.
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I don't agree.
There are many other attempts to create a cryptocurrency before, but all of them failed. Do you know why? Because they were centralized. Bitcoin was the first truly decentralized.
As it is decentralized, it cannot be shut down. A powerful government cannot shut down bitcoin now.
Proof of Work algorithm protects the network, as it is required the energy of a small country to 51% the bitcoin network.
There is no place where you can nuke with missiles and destroy bitcoin database. You can sure track some important actors and neutralize them, but it would not kill bitcoin.
Decentralization is what made bitcoin possible.
IMO, censorship resistance and lack of central authority are endgoals of a world currency, not a mean to an end.
The goal is the decentralization and the lack of central authority. This is why bitcoin was created.
Yes! We can say that Bitcoin revolutionized the cryptocurrency industry, then it was the first cryptocurrency that was completely decentralized, a currency that cannot be blocked or disabled, transactions of which cannot be canceled or refunded. Bitcoin has become something new, something that breaks the familiar patterns of understanding currencies. Largely because of this, he has such success. |
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While some people are trying to make money on Bitcoin trying to praise a positive trend to sell at a higher price, other people are increasing the number of bitcoins by opening short positions.
Just 2 days ago, Bitcoin was worth $ 8500, now it fell $ 600 down, those who opened Short positions were able to slightly increase the number of their Bitcoins.
In my opinion, this is exactly what now needs to be done to increase the volume of bitcoins. In any ways.
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