I don't think 2020 belongs to DEX. Because it still has a long way run to go to beat the current top centralized exchanges. Indeed DEX did improve a lot in past year but still lacks behind in few things which can only be provided by CEX. But when Dex improves their platform or service in the market that might be the reason for them to rise above others in the future.
Agree, 2020 is not the year of DEX and that is not important in my opinion, the most important thing is that DEX and CEX can be accepted by many people and are used massively and safely. However, you cannot expect much from DEX, because DEX only makes transactions easier so it is impossible to expect DEX services to be better than CEX. CEX is able to provide many advantages because each trader's funds are stored there, so what DEX services do you expect? when funds are not deposited on the DEX, you don't even need to create an account to trade on DEX. |
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so far we have seen a very big thing, just look at the price movements of bitcoin and ethreum. both experienced enormous price increases. it has provided many benefits for investors who are still staying in bitcoin. after 2 years bitcoin fell, maybe now is the time for bitcoin to bounce back and will explode next year. take advantage of these moments for profit, don't just watch and observe.
The increase in the price of bitcoin is not something big, because it will definitely happen when bitcoin enters the bull market, what the OP means is the latest update that will occur in cryptocurrency, such as ETH 2.0, or maybe the latest is the launch of the Libra project, I think this is something big will happen. lots of people are waiting for the launch of Libra since 2020. |
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Bitcoin is decentralized and for me the genuine reason for bitcoin is, making benefit by contributing on it. Bitcoin and other digital currencies are the same as stock exchange however the truth of the matter is there's no control on it. We can make embrace benefit in brief time frame so it ought to consider as an online contribute stage. It might utilized as Payment passage as well, since it assists with sending cash worldwide without covering the charges
Yes, this is one of the purpose of bitcoin, without bitcoin someone will have difficulty making payments around the world, the difficulty I mean is very expensive transaction fees and long transaction times. And also the decentralization that bitcoin has is the main reason many people choose bitcoin and it is easily accepted by many people. |
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In 5 fastest coins as you gave, the increasement price will be coming but not now, because if see on the weekly chart of them, such as Neo,
Now that the bull market has come, all coins will go up sooner or later, because all altcoins follow the price of bitcoin, NEO and XMR in my opinion are not included, because these two coins have not been updated for a long time, if for Ethereum I am still sure because every month there are always updates and progress. |
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For now, deFi project is running perfectly in the crypto space and everything feels different from the previous projects that are ICO and IEO projects and all we hope the DeFi project continues to be developed and far from fraud because this is what crypto users really expect, if this can be overcome then the DeFi project will dominate the world of cryptocurrency.
Scams will always be there, you won't be able to get rid of scams from the DeFi project, what now needs to be done is to be careful and learn how to differentiate between legit and scam projects. The DeFi project will not be able to dominate the cryptocurrency world, because all crypto projects have different functions and all projects support each other. |
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Ethereum and xrp look very cool but I have missed the second dump. Everything happened so fast that I cant even make a deposit. But i guess my ethereum and xrp are enough for a huge profit in the future.
Of course XRP and Ethereum will give big profits because they are one of the potential coins, you can still buy XRP and Ethereum today, because today the market is correcting, I am sure when the correction is over the market will continue the bull market trend. |
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Hi guys, I have a question for you all about crypto wallet, must a crypto wallet be fully open source to have peace while using them to store large amount of money? And is trust wallet a half baked open source wallet or full open source? Thank you
Yes, the Wallet Code must be open source, so that everyone can see and no one is harmed, one should not hesitate because they can check the code on the wallet themselves. And for TW I'm not too sure what you mean, because as we know, TW is a trusted wallet. |
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The fast markets are dangerous for trading especially for inexperienced traders and I don't want to trade the highly risky volaille BTC markets. Instead of rising the trading capital in risky volatile markets, I will go for the low marketcap altcoins that have a higher risk/reward ratio. A higher risk/reward ratio can be adjusted with the right trading plan and there is no need to wait for the correction for entering the new trades. Adding small amounts to the trade is safer compared to going all in, from my own trading experience.
Volatility is a natural trait of the cryptocurrency market, if you don't like the volatility of cryptocurrency you will not be able to trade or even hold cryptocurrency, altcoins that have a low market cap have high volatility and are very risky, chances are you lose more capital than you trade in bitcoin. Now that the market has entered the bull market, this is the perfect time to buy bitcoin. |
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I have high expectations for BCHA, although it is undeniable that BCHA is a BCH hard fork, but because of that BCHA is listed on many major exchanges, like BSV I'm sure the price of BCHA will go up when the bull market appears,
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Still bitcoin is bitcoin and it is still the king of all cryptos we cannot removed that fact. Yes that is true that ethereum is more useful compared with bitcoin but it is for the reason that it is really what is in its platform. Nevertheless one thing is for sure that these two cryptos are the most successful cryptocurrencies ever made.
What is your reason why ethereum is more useful than Bitcoin? I don't see it that way, on the contrary bitcoin is more useful than altcoin (in some aspects), as a pioneer bitcoin has proven that its blockchain network is useful so that it gives ideas for many people to create their own network. |
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It also depends on fee gas and you can check it here: https://etherscan.io/gastracker When using metamask I always set up everything to trade at normal speed and I realize that it doesn't take too long and the fees are not too expensive (always under 1 $). Normal speeds are usually not more than 2 minutes, usually under 1 USD, but if the ETH network is congested, ETH transaction fees can be very expensive, for normal speeds it reaches 3 USD for a single transaction and if you want to be fast, at least prepare a transaction fee of 7 USD to 10 USD. |
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everyone is waiting for eth 2.0 so that the cost of GAS will be cheap, this is what everyone expects. Personally, every time I swap at Uniswap, I have to wait for low GAS costs so that I don't pay so much.
Yes, ETH 2.0 update will bring ETH to be better and I am sure ETH will not die because so many investors support it, not only that ETH network is very much needed by new projects, so there is no need to worry about ETH will die. |
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several top financial advisors have come up with their own predictions, claiming that Bitcoin would be priced in the $300,000-$400,000 range by the end of next year. So don't get confused.. because the bull run has just started.
$400000 is a very high target, if to $250000 I still have confidence that will happen, this is based on the bitcoin trend in 2017 when bitcoin price went up from $200 to $20000. And also the bull market trend this time is supported by a lot of good news, like the emergence of Libra coins and also Paypal which supports its users to store bitcoins. |
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The news about Libra being a stablecoin has finally come true, with FOMO of the bull market trend occurring in 2021, it is possible that when it is officially launched the bull market FOMO will get stronger and the price of bitcoin touching the new ATH will become a reality in the near future.
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New projects are usually only concerned with getting the money they want to get if they can't get all that then the project will die or be left for no apparent reason there are hundreds of dead scams and it makes the new project's bad name make some investors afraid to buy and That is certain, especially now that there are many worthless tokens on the stock exchange when there is no trading volume, which makes investors distrust the new project.
In fact it is like that, most new projects are only concerned with getting money, this incident we often see when ICO become a trend, now that the ICO trend has been replaced by IEO or DeFi, I have encountered a little new project scam, maybe there are still some but not as much as during the 2017 ICO trend. As an investor be careful with new projects, because all projects have the possibility of a scam. |
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The easiest way to reduce risks is to develop the habit of dividing the deposit into interest, and open positions in the amount of 1-5% of the maximum of the deposit. This will allow you to have a clear understanding of the size of your trades. Besides, you will never have too big losses, because all your trades will be in% ratio, and each subsequent failure will be less than the previous one.
Risk management is a way to keep your trading funds safe, without this you will lose your trading funds, saving your funds to earn interest is not a good solution, because what you do will not be able to change your trading results, you should try to learn management trade properly. |
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I think the destruction of a project is purely the fault of the developer who does not provide full support to the project being developed, if they provide support it will keep prices stable and of course the project must be a solution to an existing problem.
It is not a problem of support from the developer, if the price of project coins falls after the bounty is the fault of the project team, the developer has no obligation to think about it because the developer is only developing MVP, while for the issue of price is the task of marketing and project manager, They should have thought of a way to keep the price from falling when the bounty hunters sold their coins. |
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I still don't get it. How will they doing the task if they are using other's social media account ?
For example twitter, you need to re tweet or make new tweet about the project, and how will they make tweet if they just using other's twitter account ?
What i often see is the opposite, cheaters using their social media account, but using other's bitcointalk account, and proof of authentication is very useful to prevent this case.
I agree with you, those cheaters are most likely using other's bitcointalk username for the registration and using their own social media account to do the bounty task. This is why a Proof of Authentication post are the most important thing to prevent any cheaters on bounty program. |
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Both are having quite similar volatility in my opinion, but I would choose investing instread of staking, so I could just buy coin and token that I want to hold as a long-term investment, and also I will put some percentage of my investment for doing a Futures Trading, looking for a tiny profit for each day.
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You know that we couldn't predict how high the price of Bitcoin and Ethereum will be, nobody could predict the exact amount of the price in future. But the thing is, Ethereum price are most likely following Bitcoin price movement, If BTC price rising up then ETH will also following the trend of it.
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