I think there are plenty of deflationary tokens on bsc that burns supply. Technically almost all shitcoins are using this feature as their main ingredients for marketing. The word deflationary becomes more often to used due to the famous projects thats started it.
Hodl tokens, catecoin, bonfire, ass tokens and many more. These tokens burn some of their supply that has been traded across the dex.
I guess he means something that has a programmable burn? Like those crypto that automatically burns the miners fee so that the supply reduces with the volume of transactions, and encourages people to use it more. Models like that work in theory but like you said, it's just marketing tactics in the end. Tokenomics don't work well because there are no users. Just speculators. |
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Tezos [TEZOS] was recommended by some experts and is now a partner of Red Bull and McLaren Mercedes Formel 1.
Experts say, Tezos can be huge.
Right now, it has a very low market cap.
What price do you beleive can [TEZOS] do? It is currently at 2,94 Dollar and a Market Cap rank of only place 40.
Experts have been saying for YEARS how Tezos can and will be huge lol. Did anyone already forget the problems Tezos had in the past with manipulation and centralization? How else do you think they can partner with RB and McLaren? It's just another Ripple or Tether, with fancier people behind it. |
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Because the focus of the people is not directed towards btc but rather on other things. Majority of the people still ignore the fact that in times of FUD and mudslinging, and when there's a lot of blood in the streets, that's the time when you should buy bitcoin. History never lies, and it has been happening since 2011. No matter the price point is, when a major crash + FUD starts to happen, that's when the smart ones start to accumulate, until such time that the cycle reach its height again and then they will be the ones to dump.
Every hype cycle is like this. People see or read (or now watch on tiktok) how people are making millions from dogecoin and "defi" stuff. So of course, they go in and get it. Worse, people even consider selling their Bitcoin to get into these shitcoins. Then the regular "BTC dominance" nonsense pops up and then when the hype bubble bursts, even the scammers load off and stash into BTC. |
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Brazil and Argentina have always been the favorites in this tournament and at this moment too, I think both teams seem to have their luck because the opponents they face are not in as good condition as the Copa America titles in previous years. Just look at other teams like Uruguay, Chile even though they can advance to the quarter-finals but in fact, their game in the group stage does not seem to have high enthusiasm or maybe because the pandemic period is very influential in a deserted field without spectators.
I have wondered myself how it's going to be like playing in countries where the people are suffering, like in Brazil recently where they passed 500 thousand mark of covid deaths. HALF A MILLION that is bigger almost twice than the city I work in right now and I feel it gets crowded. Imagine that? I couldn't play properly thinking of all these things to be honest. I wonder though if Brazil plays with extra effort BECAUSE they know this and they want to give their people something fond to look at this year? |
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Well if anyone can make money, then it's all those short sellers or shorters who've been saying from day 1 that Bitcoin will never be X price again ever. I mean, if they only put money where their predictions are, then they should be shorting every rally, and making a lot of money. Imagine, we have been pulling back from 36k at least 3 times in 1 month now to 30k...
With leverage of even 10% that's 600% gains already without compounding.
Shorters have a lot of money for capital so they will definitely be able to make a lot of money, and if that's effective way to make money, why change it into something that is far inferior. Leveraging is a risky way to trade which could spell demise to your whole capital if you made a wrong decision. There's a lot of money you can make in trading but if you are starting from scratch, it's difficult to say that there's a lot of money in there. Well, short or long you do need capital, so I don't see the real difference, except that shorters also do tend to be scalpers (based on my forex experience) and with leverage anyway, you don't need such a big capital (without leverage you might be affected by lot or min buys like on crypto but with even x10 leverage you can easily commit much smaller funds to meet minimums). I don't like leverage myself, even if I did get back into trading (which is unlikely) it's still a scalper's gaming tools. |
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This is a common thing when the price is not acting volatile like the past year. However that is also one of the reasons why it doesn't go above 40k very easily, people end up buying at between 28 to 32 and then sell it at around 35 to 38 and even 40 at some times and that is why it fails to go any higher. If those traders kept their money and waited for more, they wouldn't be traders, they would be investors.
Yeah and if we look back at the past, 10k was also the favorite stomping ground for all these scalpers and that was an even worse psychological milestone to break. People who bought at 8/9k all selling every time at 10 thinking they can keep compounding profits to easily double. It's a nice tactic until they suddenly get caught out by the real breakout:) In any case, buying coins for speculation on a possible bottom is a big risk and you can get stuck with such an investment for at least a few months. Moreover, we see that bitcoin does not hold any level at all, it quickly rises to 35-36k and the next day again tends to 30-32k. Looking at these movements, every day I am getting more and more prepared for the fact that we will not hold the key support level of 30k.
So am I. Still believing in the macro picture but for now and the next few months we should be prepared to take our time and return to the markets again once 30k if broken properly. |
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The good trader knows he always has a risk and sometimes that risk means taking a hit. Otherwise you become a holder, and then give up trading.
After bitcoin, I guess most traders have turned as investors rather than encountering those 'hit' time to time. "Only investing" must be a good way to deal with bear markets in my opinion as well. I don't know about that. I think holders have always started with the idea to hold, and then they maybe just try trading only and then get bitten when they lose (take me as an example). Traders themselves are also a really different kind of animal too and I've experienced them before crypto, forex especially. They don't think or like long term:) |
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People always wonder why price goes up and down and the market at any exchange, including at liquidity pools in DEXs are so very simple.
If more people buy than sell >>> price goes up.
If more people sell than buy >>> price goes down.
So you just explained that HitBTC froze withdrawals. If people cannot withdraw the only way they can liquidate is to sell DOGE for other alts.
Hence, more people selling than buying and price goes down:)
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a) 12 b) 1:45
a) 16 b) 1:56
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You are right. This is due to the presence of extra star players in the squad. All players want to score for themselves. And wants to increase his self-esteem. Mbappe took a lot of useless shots. Moreover, the midfielders did not cooperate properly. The coach should have coordinated the players before arranging a good squad. Then maybe France could have won the title.
Not a fan of Mbappe here but I did watch the matches and highlights and I have to say the argument that Mbappe should pass more is a bit crazy, he did his best and he assisted when he felt it was right. Not every team should play tiki taka and sometimes you can get frustrated that everyone is waiting for the best moment. As a striker, Mbappe SHOULD be selfish and take a lot of chances. They were in a bad formation to Swiss, that's all. And unlucky. And Swiss played so well. |
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Even Elon makes a funny tweet, it will still have upward effect for price. Followers are stupid, but Elon is wise.
I'm not a big fan and never was, don't get me wrong, I think anyone who can make money the way he has is either smart, or driven, or a bit of both or extremely lucky. Very few people admit that they're lucky though because of course, we do want to take credit. Wise, I'm not sure. I know he's the one with money and not me, but I don't think he did very wise moves throughout his life that I'm sure I never would have. Smart for sure but lacking wisdom. |
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Honestly, I stay with the movement contrary to what the masses believe will happen, everyone is betting more on the downside, but the market sometimes gives surprises, this time it can give pleasant surprises.
I think someone said is before, especially during 2017 post. As more people said good things, the market went down, and the rally in 2017 happened almost when the majority of people thought it was dying. Especially when Bitcoiners themselves worry and feel negative, this is when I'm the most watching for something strong and good to come out. It was when many oldtimers gave up in 2017 and end of 2016 that the rally truly started. |
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they have upgraded . they are not called shitcoins anymore but they are now called as meme coins . having large supply is the asset of a meme coin because they are for fun anyway .
those that says that meme coins or shitcoins benefit the market are lying . how can it benefit ? it only makes the people greedy and think that crypto is easy money . if they dont met their expectation and they will get scam , it destroys the reputation of all crypto
Nah man, no way. Shitcoins are shitcoins, you can't upgrade them, you can only dress them up different and put make up but if you wash all that surface away you are still left with shit. And the thing about shitcoins, they can look different on the outside but you can't hide the smell. Shitcoins smell like shitcoins a million miles away. Whether or not we decide to ignore the smell is another matter:) |
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being #5 currently, is not an easy feat for ADA. but it is true, that they need something unique to give to the community or attract more devs to create their projects under ADA. nowadays, i've seen a lot more BSC-based projects when this gas fee prob arises from eth platform. how many projects have we seen here that were built under ADA and now popular?
maybe for this year, just aim at least $5. and there's hope on this when btc starts to climb up again.
Attracting more devs is one thing, yes, so you have more dapps and more services. But the key again is to find something people (normal people like you and me) really really want, so that when they have it, we will use it. No use to have a platform with 100 devs and 50 dapps but nobody wants to use them. Also no use to fill those 50 dapps with defi:) |
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So many crypto based companies in there from the large ones to the smaller ones so the chance maybe is rather slim but if they do the effect will be devastating, large portion of market cap or btc holders coming from the US and if that happens that means
we gonna lost those capitals making the market have less liquidity and probably getting dumped hard as well since there gonna be major sell off. but definitely not gonna put cryptocurrency to death, it will still exist and have value.
US can't ban crypto, not when all the individual states have their say about how things run and when some states already started legislating (meaning that they regulate, so there is a law that provides for crypto legally). In fact, it's because of the big companies already providing revenue to the government that this protection for crypto happens there. They've seen what happens anyway when crypto is banned:) |
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It's nice to think of Bitcoin as a "new civilization of human" and in some ways, I do agree it's really something different from all the other projects that claim to revolutionize something. But we must remember this generation existed long before us, the people anyway, and it was just the tech that came later after them. Long have people realized the need for a change in money and paradigms of financial workings.
Unfortunately, not all of Bitcoin reflects those. We still have a lot to go. Independence over money and a desire to really really change the world, not just to get lambos.
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I think Argentina and Brazil will have a final. Because both teams are in great form now. Brazil lost points in the last match, not only Neymar was in the squad. If Neymar was in the squad, they would have won the last match too. Brazil's next opponent is Chile. The Chile team is bad. Against them, Brazil must play carefully.
At the rate they're playing, it definitely looks like Brazil but despite my favorite guy playing in Argentina, I don't know if they have the consistency. Peru is playing as usual without any pressure so they can make it to another final. But COPA is COPA and we all know the rules that apply here are: random and anything can happen! |
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Well if anyone can make money, then it's all those short sellers or shorters who've been saying from day 1 that Bitcoin will never be X price again ever. I mean, if they only put money where their predictions are, then they should be shorting every rally, and making a lot of money. Imagine, we have been pulling back from 36k at least 3 times in 1 month now to 30k...
With leverage of even 10% that's 600% gains already without compounding.
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How did you decide that it is gaining momentum at all? Before storming the $40 000 mark, you need to pass at least the $36 000 mark, from which bitcoin has already rebounded several times. While we are in the downtrend and determining the bottom is a lottery. Maybe. having bought at the bottom, you will receive a second bottom as a gift, at the level of $25 000. Until we break through $40 000, there can be no talk of any growth. These local spikes in Bitcoin's growth also quickly turn into drops. Let's recall the recent situation last week, when bitcoin easily flew from $35 000 to $30 000. So today's growth can easily be replaced by tomorrow's deep decline.
Yeah and we all know how painful it's been to try and get past 36k. The last time before yesterday we did, the pullback from resistance took us back below $30k. Kind of got me slightly worried but it's recovered since, but yet again, yesterday/today is showing further signs of weakness. On the other hand, easy money for those with limit orders at 29k. Sell at 36k 3/4/5 times already can double their BTC. Not for me though. |
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