We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
There's are a lot of Blockchains that were created to compete with Ethereum in the field of smart contract services, and they are already performing now in the shade of the Ethereum gas fee issues they became popular due to many users that are temporarily leaving Ethereum because of the gas fee problem. And the truth is many micro users like me are affected by today's expensive transaction fees in Ethereum Network and it is unsustainable for long-term use. |
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How is Polygons potential in the future, can it rival with BSC?
IMO, I believe both networks are very competitive, sophisticated, and sustainable due to their transaction speed and budget-friendly fees, but in terms of competition between the two networks I can say that BSC is ahead of Polygon in terms of popularity, but maybe soon Polygon can catch up with BSC all they need is make the Network more secure for deterrent against hacking. |
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Well honestly speaking my top choice are BNB, Matic, and XRP it was good to buy it now during the dip, I believe these coins are making comeback in a few days so let us observe wait, and see because the market is already in recovery mode right now.
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Mostly my info was coming from or source in this forum. about new projects that might perform better in the future, I believe most of the successful crypto players today are using the BitcoinTalk forum to publish their funding requirements through ICO, IEO, and many more. I don't think any crypto-related forums can surpass BitcoinTalk as a top source of crypto-related information, especially for brand new projects.
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Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?
I think the bearish market is already in effect, just compare how the market behaves nowadays compared to the early months of 2021, it has a big difference already and it was slowly affecting the price of most cryptocurrencies in the market. IMO, I believe the bearish market nowadays is not the same as it was in 2018 because the Market Capitalization today is a lot bigger compared before. |
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IMHO, I believe it's not that big to cause a dump, in Bitcoin price, the market can handle it, for sure, Anyway, if those dormant wallets were suddenly activated by now it means the owner is still alive and kicking Imagine those Bitcoins was sleeping in the old wallets for nine years that's long enough for me I believe the owner of that Bitcoin is rich.
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If El Salvador Pres. Bukele believes in Bitcoin so let it be, otherwise, if something bad will happen he will be the one to suffer the consequences of his action. Anyway, the question is how much Bitcoin was El Salvador bought in the dip? Is it worth Billions of dollars that can affect the countries financial situation if the long bearish period will ever happen again? according to some info El Salvador has only 700 Bitcoins in their holdings if it's true that's not big enough to create damage to their financial stability.
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The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price is $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees?  The truth is all of that so-called predictions are just mere speculation because no one knows what happens next, that's why it will remain as a guess, so let's put it that way. Is it possible for Cardano to replace Ethereum? IMHO, I think that's not possible yet although Ethereum has some issues today regarding the expensive transaction fees, But it doesn't mean they can easily overturn the original smart contract provider. And let us also consider the fact that Cardano has several competitors in the market and I think that was not an easy task for Cardano to handle. |
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I think the maintenance work is just a normal routine and it was needed to make sure that the system is working properly. But before the works were started it must have an official announcement before doing that maintenance work or upgrades. I don't see any wrong with that, as long as it was following the right procedure, Anyway Polygon is working fine now that's why users are nothing to worry about.
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During the market downtrend or the dip is the best window of opportunity to fill our bags, I'm added some BNB, Matic, and XRP to my holdings after the price of most cryptocurrencies were fell at the lowest point in a month and that was yesterday, I know many people are using that good opportunity to acquire more coins in addition to their existing holdings now that the price was slowly climbing again its good to see that our portfolios are gaining some profit in the short period.
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I think thats not going to happen, for now, You know why? because even in the very notable Bullish Market trend the TRX price was struggling to reach even in $0.20 territory how much more with the $1 price speculation. That's why I think it is not possible for now, But who knows in the future maybe TRX price will manage to achieve that $1 price goal if the market will good enough to sustain that pump but today that's not possible.
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Keep in mind that many of these bounty groups run only scam bounties, as there's no repercussions. Basically if you complain, they mute you and carry on.
Then again, who does altcoin bounties anymore? 99% of them are scam or not worth it
Agree with this observation mate, Altcoin bounties now are mostly useless that's why it's better to limit our engagement in those bounties, Most of the time after the campaign is done, the team is started to make an issue, and then followed by fighting after that they won't pay the participants anymore and this type of activity will not spare anyone, even if the top-ranking bounty managers like Royse, Yahoo, Hnampuz, etc. IMO, I believe that the altcoins bounties before are better than today. |
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Honestly speaking Paypal is very slow in such kind of development and while the services are just limited in some territories IMO, it's not helping at all in terms of convenience from other users around the world, Anyway, there's a lot of platforms out there that was equipped with better services compared to Paypal so they must improve its services more to catch up other platforms that have offered the same services.
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As the global adoption of bitcoin/cryptocurrency keep expanding and more countries drafting a regulatory framework that allows crypto adoption as a legal tender some indices have been used to sort out the global crypto adoption rate, one of which is the number of Bitcoin ATM installations which the United 🇺🇸 happens to have the highest number of Bitcoin ATMs.
Thats true and the United States is one of the leading countries in the world that has been very active in crypto developments, partly in the field of cryptocurrency adoption and usability, In fact, in the US alone the Bitcoin ATM's are growing in numbers and scattered across the country, that's why I believe in the coming years the United States will lead the world in terms of cryptocurrency use and development. And I hope soon the Government will come up with a regulation that will supervise all of the cryptocurrency-related developments so that everything will be in balance. |
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I think that's highly possible, Bitcoin will be adopted as legal tender in Paraguay, it is already a hot topic in the previous months after El Salvador adopted Bitcoin as a legal tender, Paraguay a South American country is also experiencing economic hardship, and the burden of inflation is also affecting its currency maybe those politicians have seen the potential of Bitcoin to help ease the burden of inflation and consider Bitcoin as a reserve currency. Anyway, for the better let us wait and see what will happen next because it seems that pronouncement was based only on a political campaign promise, and nothing is final yet.
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Ever noticed how people would boast or proudly proclaim (or at least used to) that they invest and trade stocks, but they don't feel the same way about crypto, as if it's a secret never to be shared? Why is that?
I think it's because crypto is best with privacy and most crypto investors are choosing to hide their identity and remain private as they could, while in stocks it's nothing to hide there you expose to everything like the wary eyes of Government agencies that impose taxation, etc. with that condition it's kinda boring, while in crypto theirs a little space for privacy that's why many people are enjoyed that privacy including the bad guys too, they found safe heaven in crypto especially with the privacy-centric cryptocurrencies like Monero. |
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Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
I believe everyone can speculate about the Bitcoin price, But if you ask me, I think only time can tell if that target price of $100K per Bitcoin is really possible. But remember in crypto anything is possible, As a matter of fact back in the previous months, the Bitcoin price already reached $60K, and it's more than halfway of $100K speculative price. I believe the remaining three months of 2021 are uncertain, but let us wait and see and who knows it will be turned into a reality and surprise us all. |
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Sometimes we feel not good after paying a High Fee on ETH  But I want's to know why this? I feel my emotions with this  I think it's a normal emotion accompanied by frustration because it's not that easy to pay a huge gas fee in dollars, and it seems that the gas fee drama is normal in the Ethereum Network nowadays because the EIP-1559 is failed to solve the Ethereum gas problem many of Dapp's developers are leaving Ethereum network now so I think Ethereum developers have felt it now. |
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I like that saying, but literally, it's very hard to execute because we are not fortune-tellers we really don't know the outcome in the future, in short in the crypto investment we are just speculating that's why the risk is always high especially in the newly created/established projects. but that was only for the other side how about the others aspect of risks like exit scams, hacking exploitation, etc. that's why for me there is no perfect BS for crypto-investment it is only a matter of execution, accompanied by luck and personal guts.
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There is no right or wrong in the crypto market, only winning or losing. Those who really enter the market understand the true meaning of this sentence.
In the bull market, what you do is right. In the bear market, everything you do is wrong except for short position.
The market is irrational and will not be shifted by any individual's will.
Sometimes you do a lot of technical and fundamental analysis about market, but occasionally it seems to be useless because there was always a lag in the market.
I think you have a valid point in some gray areas, but in other perspectives, not all aspects of crypto are working always in that way, Bull and Bear are just a kind of market situation and it happens every day but it occurs in a different magnitude. while "winning and losing" is partly the result of our personal judgment meaning a right and wrong action/decision will reflect positive and negative results in the end. thats how I see it base on my personal experience. |
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