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I too saw that from his original post and quite surprised of seeing someone like Mark Zuckerberg naming his goat bitcoin and openly stating it. Specially someone who is careful of not promoting anything for free.
His platform has been a leader in centralization and had banned crypto advertising for quite some time. This also suggest that Mark Zuckerberg do have a significant amount on bitcoin holdings.
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I can't tell about altcoins but bitcoin would never make you sad. Yeah, altcoins can be much more worthy of an investment but they are also a risk in average. That's why it would be better to keep the stocks of both bitcoin and a several of good altcoins. Be it in smaller amounts. That would make most of the adverse price moves of the coins less painful to you.
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Shibu Inu is just a hype coin with no fundamental value. It's in no way is comparable with Dogecoin which though started as a meme coin is a real mineable coin and secure blockchain. Though there are some charity shown by the team, the underlying motive of Shiba Inu team is profit through shilling. You can clearly see that on their whitepaper. I too like Shiba but the real one.
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With all these happening it's hard for me to not lose my nerves. Been trying to research the fundamentals and prospectus as well following immediate news and analyzing charts to invest in coins and something like Shiba Inu hits the top 20 by marketcap in a matter of days. Crypto market is much more of a gamble. But if you have patience and a good choice, your day would come, be late but it would.
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after SNL the price of Dogecoin go down, are people not interested or disappointed by announcement from Elon Musk? or this is just a temporary correction for the higher spike of Dogecoin price (reaching $ 1), but I believe that the price of Dogecoin can definitely reach $ 1 (although I am not interested to investing in Dogecoin), because I think Dogecoin was made just for jokes (meme coin), so in my opinion Dogecoin is not worth it for me to be used as an investment, although I know that the price of Dogecoin will definitely increase very high, because of the support from Elon Musk, but I have never been interested to buying Dogecoin. I think its a temporary correction in dogecoin and it will rise from here. This is the biggest development in Doge and it can be huge as SpaceX is not accepting Dogecoin. SpaceX accepts Dogecoin as payment to launch ‘DOGE-1 mission to the Moon’ next yearYes. The fall could just be a bear trap for the whales to buy some more coins. The rocket to moon stunt is going to bring Dogecoin to even larger attention and possibly boost it's price beyond $1. I am one of those who don't believe in Dogecoin and never bought it as an investment but with all these hype, I can't stand at a side while watching people hopping on the starship. |
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Almost all of the old cryptos are taking their turns to rise in prices. Bitcoin was followed by ethereum and other coins. Some coins waited a longer time before rising up, like tron which was followed by EOS and Cardano, ETC as you mentioned. If we are to look at the pattern, we should venture to popular coin that haven't rose significantly or which is still much lower than it's all time high.
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And it's rising for today only. Musk again said something weird before the Saturday night live which is going to be live after some hours. I believe he would call for modesty while investing and be cautious for risk. But till than, dogecoin followers are having a new all time high and watch parties around the world. I'm happy for them and wish they'd remain that happy for long.
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For NOW, pancakes are better on several fronts such as liquidity and also token listings. but ApeSwap is undoubtedly the new generation that has the capability to compete in the future, so it's just a matter of waiting for the right momentum and completing some homework, then ApeSwap will move fast.
now pancake is more attractive to users and maybe they managed to get the user's attention to exchange there, but it does not rule out the possibility that apeswap can compete. Plus nowadays some communities have talked a lot about apeswap. let's wait to see the development of apeswap in the future, i'm pretty sure apeswap can compete I don't know how it's possible but pancakeswap's farms and pools provide very high reward compare to that of any popular defi including Apeswap. Pancakeswap had increased it's volume so much that it's already in the league of uniswap while Apeswap is still a new platform for it to compare. With both of ETH and BNB platform popular, everyone would want the piece of the cake and its going to be hot. |
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With decreasing transaction fees, more coins being staked and froze, there's a chance of it reaching high. But again the essence of utility coin remains in being accessible. With unlimited supply, ethereum won't be a manipulative coin for ever. IMO, even if the price reaches 10K, as predicted by some analysts, it would be short lived.
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BNB price is still not giving the expected. While Ethereum price is going to the moon, I'd expect the same from BNB also. It reached $679 the most so far and couldn't go above $700 yet. But I feel like it will reach $1k this year eventually.
This slow movement reminds me of another coin - ETH. Remember how ETH was hardly moving while BTC was reaching ATH after ATH? I think the same is happening to BNB right now. The pumping will happen but it is a little delayed but it will happen. What a great time to buy in.... I have had similar experience with both ETH and BNB. Never prioritized them even while knowing them early. Bought a good amount when things got started to heat up but sold them soon for x2 profit while saw it rise to spectacular amount. I bought BNB for around $12 a piece and sold it around 24. BNB has had a significant rise in use case thanks to the Binance smart chain but with Ethereum back on action and other competitors eyeing for the piece of market, things are not as pleasant for BNB. Though anything is probable when it comes to crypto prices. |
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Ticketing surely is a good utilization of NFT's. But we still need to be sure not letting all of it being owned by same people and selling them on black. An address or a device won't be good enough to limit people for abusing the system. Blockchain brings many possibilities and NFT is just one example. There's still a lot that could improve.
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I too used the app for over a year and stopped using it after they started displaying ads while providing users with fake promises. I completely left the platform after they started enforcing KYC without any clear roadmap of listing. And it's been more than a year and they still don't have anything. They collected users personal info and no one know how it's been used. The tokens remain only on numbers and not on an actual blockchain.
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These matters when you are buying and holding a coin for long period of time. There maybe any number of coins, but you are going to make a long term investment in just a few and for that, you go along question every of those points. But if you are here to profit with the fluctuations of the market, jumping in with the herd sometimes might be better idea than to think.
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It's good to see that altcoin market is much more independent from Bitcoin and each other than they were in 2017. Coins are selectively rising and falling depending upon their performance and events. Today Flow even topped bitcoin on marketcap to reach number one in coinmarketcap. Whether it was a glitch or an actual rise, it did showed that even new and less known coins can topple the list.
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What Elon writes may not have a proper meaning or could be just a fun post, but it would have immense effect on his followers.
Elon Musk is probably the richest person in the world in near future. Not only is he rich, he's a role model for millions of people. People even associate him with being satoshi, superhuman, an alien and many more respectable and conspirator ideas. With Elon Musk's open support, bitcoin has reached a new and higher stable price range.
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NFT highlights the real ownership feature of the blockchain. Though not a new thing but it were not conceived with much importance by the general public until artist started selling and auctioning their piece of art in blockchain. This would bring more interest to blockchain but like every popular crypto topic, NFT has the risks of being over hyped and fake projects claiming to be NFT could ruin the experience.
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You can still profit if you sell high and buy low. Dogecoin has been one of the most oscillating coins and people doing sell high buy low have profited from it. But for a long time hold, you can't expect it to provide the profits a fixed supply coin like bitcoin could provide. So, IMPO dogecoin is not a buy and hold coin.
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Most of the cryptocurrencies today are Ethereum based. Given the facts, nobody can belittle Ethereum. Ethereum may have higher prices. It has this potential and i think will perform better in 2021.
Yes i have the same opinion.now they are trying some new news next month i think the price will Pump again.this is a good news for all investor. Ethereum as a utility token has a very high fees. It would not be sustainable for long term if they don't be able to get the transaction fees down. The current price is purely manipulative and depended on the limited tradable supply. The price increment has lowered the use of Ethereum which won't be a good thing as unlike bitcoin, rarity is not the selling point of Ethereum. |
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Yeah it's going to be the next great thing for crypto but it is also creating some unfortunate overhype. It's a good use of blockchain but it's not the solution to everything. Just like the last Defi hype, NFT projects are now rising up and most of them don't even have any idea about how they'll make it work. There are a few that are promising and people should choose carefully before investing in one.
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Ethereum could do that but for it to happen, they should do something direly to decrease the transaction fees. The transaction speed are not that bad but the throttle of large fees makes any transaction below the current low impossible for time being. This has turned most of the Defi and Dapps on Ethereum chain useless and making it just another speculative coin.
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