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That could be an end to an overbearing hype about DeFi, i don't mean to say that DeFi is making people lose investor sentiment. After the events that took place before such as: ICO, IEO, DeFi,... I find that after DeFi there will be a new trend appearing to attract people to join the market.
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10.EarnBet
What are your picks? Which is the dark horse in your bags?
I want to talk a little bit about your new crypto trend stance. Earnbet is a project i also follow, i think this should be done with ease. As for the list of coins that I will keep in the future, I think everyone will choose for themselves the top coin. |
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I have seen some new projects recently, it is true that everything they do is clear and moreover, i see the value of use in practice. But there are still a lot of scams, a familiarity  , i hate seeing the two coexist. |
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For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?
From the moment you post this post to the present you can find the answer for yourself. With the good news that BTC has gone up and we are looking forward to 15K, the Altcoins is understandable, as we've been in for a year affected by the plague. And now it's the end of the year and I think many Asian investors will get their money back. |
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This kind of thing is mostly experienced by bounty hunters, where they have to work 5-6 weeks with minimal income, sometimes also ending up with bounty scams without token payment.
There was also one year of work with a yield of only $ 20, this is often the case with bounty hunters.
OP, you can save the Youcash tokens that you get from the bounty, which knows that in the next 1-2 years the price could be higher than now, if their team and company really care about the YouCash token penetrating the market, That's what you can do.
Your share is very close to the reality of bounty, right from the start to learn about and contribute your work to projects with bounty. I see a lot of unexpected projects, this one i see is similar. Basically when i see the project, i see everything is quite clear, maybe their bounty is just for introduction and attraction, as you say in the crypto space, there are many projects that have developed. long to be successful. |
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It is wonderful to look back to the project that I have invested in is gradually being successful.
Indeed, I'm really proud to have bought ONE at the IEO on Binance. IEOs were popular at the time, but beyond trending, Harmony is doing their job well.
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Ripple to be the next bitcoin isn't gonna happen. Ripple once took the second position of ethereum. It was mentioned to be a manipulation to reach the top position, but the growth was quite a phenomenal one. As it partners with more and more number of private banks and financial service renders it is given an outlook of completely centralized one.
According to me, it have been partnering and getting into real-time usage which is must for growth. So with trust one can invest on ripple and it isn't the next bitcoin. Ripple will be always ripple.
I like your opinion on Ripple, what this coin has achieved so far is remarkable. Despite all the negative news about Ripple, what you mentioned is ripple's partnership with many banks around the globe. I think this will be a good point for ripple to enter into a new position in this market. But it won't be able to pass BTC in the future. |
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Since big news with the industry from paypal, we are continuing to see more engagement from big corporations like Toyota and now on Huawei news. Through the confirmation from paypal entering the market, I think that is just the beginning of the era of using cryptocurrency. I think we should prepare ourselves for the coming riches. |
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Of course, since Bitcoin is itself a form of DeFi. But I think that's not up, because the problem we use DeFi on ETH platform because it's so popular and it's easy to use too. Moreover, Dapps on the ETH network are designed broadly so it will be easier to exploit. I think next time will not be on the BTC network but on other platforms such as: POLKADOT, BINANANCE, TRX, ...
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another bad news come to crypto space,
and i think this news cause the red colour in crypto market now
That will not bring a bad name for crypto but it will do that for the name of defi. Remember about defi's reputation being ruined by the scammers and hackers. So many times the defi platforms were doing the rug pull and running away with all of money. In another case, there's also the hacked case that is happening right now. The reputation of defi already destroyed. There's no way to recover it again. This could be the end of defi itself. This is a big mistake for DeFi that I see from the market I see in 2020. Obviously 2020, DeFi is bringing things up to the market, but through this attack the market is still standing. firm and has a bit of a slump, but I don't think it was the news from the attack. So I think it is time we move aggressively to protect assets against outside attacks, this year we have received a lot of news related to hacker attack blockchain. |
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Here are reasons why DEFI is a high risk investment
1. A glitch in the system can lead to loss of funds or blocking of all assets
2. Developers boost that their codes are impenetrable but they can't oversee how users interacts with applications and platforms, meaning human errors are inevitable.
3. Market is very unpredictable and there is no any form of insurance available for investors, they risks of losing fund is very high
4. YIELD FARMING
Yield farming means the creation of tokens to reward users who provide liquidity to a project, meaning it's a must for users to invest their tokens on the project, you won't be able to trade or sell.
Today many projects are going into DeFi because high yields are offered and investors want quick profits too .
With DeFi the risks are insanely bigger compared to ICO.
Yes. The investments in defi at this time always go cream with a huge SCAM ratio. But it's also very basic to easily dispose of such projects, I have witnessed just because of the transaction cost that it cannot make the transaction. Specifically, on the ETH network when the number of transactions in the network is too large, we have seen a fee too large to confirm the transaction. But if comparing the returns between Defi and ICO, I think the rate of risk and return is the same. |
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Well your share seems quite interesting, but I think the way we are exposed to the most popular shitcoins, and they are projects that have relatively old working mechanisms and are not novelties, Most of such projects I think will only attract newcomers to this market, and then what those newcomers get will be the market's experienced people . And my advice, I think maybe this is probably very realistic that you have to spend money on shitcoin projects like that, you will draw yourself ways to stop it. |
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Because of the bounty payments. They already paid 2nd phase of bounty rewards. Hunters selling their coins thats why price is decreasing. But project is good overall. Also DIA priced hyped and went 5$. For correction price decreased.
I don't see the issue of bounty payoffs affecting DIA's cost-effectiveness. Well with you that DIA's price is already too high compared to the start, but this is understandable when something has reached the limit of FOMO, everything happens in the few months we are seeing. At present, I think this is the right time to invest in DIA, after all, this is also a big project with great support from this market, very hopefully in 2021 DIA will be on the moon. |
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Is bitcoin cross $15k in end of 2020
Your thoughts on bitcoin I think most likely happen and also by the end of 2020 bitcoin will likely surpass $ 15k. You can see a lot of good news and big activities going on in 2020, I am very interested in the time of bitcoin having. I also think countries are racing to enter this market through the release of their own digital currencies, and it will be a race that offers competition that we can't yet. It's determined that it's good or bad for this market.  |
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with ripple always shows its position in the blockchain market. I have always believed that the foundations and building of the ecosystem will last. Moreover, after downtrend 2018, I see ripple's activities are cooperating with a series of banks around the world to use ripple's service, I think in the future, XRP will most likely reach $5.
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~~~
Anyone explain me How would they like to distribute the token price as 1$-2$-3$
sometimes I laugh to myself when a bounty allocates tokens at the plan price instead of the current price. And what makes me even more unable to think is, there are still many bounty hunters who believe in team crap like that Yes, I think those bounty hunters just looked at the Bounty title and immediately joined them. I've seen a lot of bounty use this way to get the hunter's attention and it really works. There are thousands of people trying to get involved in projects like that  |
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If you want to make money in this market, you need to spend a lot of time with it. Participate in trading, hold altcoins and bounty ... that will be the things that will help you profit in this market, but it will require you to have a lot of experience to choose the best projects to get profit
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Because they do not have much experience in this market and are dominated by emotions. When this market grows, they do not have the patience to wait for it to collapse, they are afraid of missing an opportunity because the price may continue to go up. But when the market bleed, they thought that the price would go down again and made a decision to wait
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I rrally do not buy into this internet police of a thing that that is going on on some of these social media. Any project can come up and tell you there are the original Bitcoin, but let the market decide, BCash, BSV, BTC are all clones and banning one because it doesn't fit into your business model is a wrong thing to do, if they can ban BSV account, that means they can ban BTC also
BTC doesn't own any official twitter accounts.  No one is claiming the ownership of BTC or supermacy over all the crypto currencies but still it has been in the top so people trust the real decentralization more than the paid advertising shillers so called influencers. If I'm right then this is the official Bitcoin account at twitter. This account was created in 2011 and it still exists until now. Also, twitter only banned BSV because it copied BTC and made fake statements that confuse many people. |
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This is a bad weekend for all of us here Bitcoin is down to 9% compared last week and so are all the other coins and tokens in the market it is very volatile now I guess more than ever just when everybody thought that we are going to touch the $12 k level here we go the market drops $10200 level reminiscence of what happen last March, what could possibly happen that led to this big drop.
Dont lose hope im sure bitcoin and ethereum will recover quickly and will trigger the price of 15000$ by this month. Hopefully it can happen, I don't hope it can happen this month. But just by the end of 2020 and the price of BTC could go up to 15k $, that was a success. But I'm scared it could go lower and crash just like the previous times |
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