This is good for the next work. Defi is a game challenge and I see that even with the high in fees of ethereum transactions people still prefer to used it because of the it speed and reliability.
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While I acknowledge that anything is possible, specifcally in the world of cryptocurrency. TRX reaching, or surpassing $5.00 in value has been on my thoughts recently...
I have read predictions from most Trx adopters saying by December 2020, trx could be $5.00 in value. How they arrived at that, I do not know.
Can Forum users have a say on this?
This cryptocurrencies market is highly unpredictable and if someone told me that bitcoin will be above 10k again after what happened in 2018 I will say that person is not saying the truth. We have seeing some surge in pricing and trx will not make it $5 in it entire lifetime then I disagree with that fact. Bitcoin will still make wonderful moments and so other coins like tron.
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To my understanding, the bitcoin price is set by the whales. Many time we see were market will be moving in a particular direction only for it to be push in an opposite direction because of interest of whales.
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This market is a volatility one and what you see happening has happened several times in the past. Those of us that are familiar with his market has seeing this pump and dump of the market several times and those that are wise and patience are market they money through this up and down.
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The market is at undecid level and I think anything can still happen. We are not far from what happened in September and October 2017 went bitcoin went down in the medium of the month of September.
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Bitcoin holders continue to move the value of their digital gold onto the Ethereum blockchain, defying recent price drops in both currencies.Close to 80,000 Bitcoin have now been transferred to the Ethereum blockchain, as DeFi protocols attract value back to their liquidity pools following an early September crypto market correction. Even as prices for Bitcoin and Ethereum fell starting September 1, BTC transferred onto the Ethereum blockchain has already increased nearly 37% so far this month, according to data from Dune Analytics. The increase in Wrapped Bitcoin (WBTC) and other cross-chain Bitcoin lockups has pushed their aggregate value to more than $800 million from less than $600 million at the start of the month. The total value is now equivalent to more than 2% of the entire Ethereum market cap. The trend is a signal that, despite price volatility in digital assets, the appetite for DeFi returns remains strong even among BTC holders. Cross-chain transfer protocols like WBTC and renBTC use either trusted third-party custodians or smart contract-controlled wallets to hold one digital asset, in this case Bitcoin, while making a replica token on another blockchain, like Ethereum. The replicated assets, sometimes referred to as wrapped tokens, are pegged to the value of the original token. The most popular BTC-to-Ethereum cross-chain project is Wrapped Bitcoin, which is responsible for more than 66% of all cross-chain BTC, with nearly 53,000 Bitcoin locked in that system so far. RenBTC, the second-most-popular transfer protocol, has grown steadily, maintaining the same share of the Bitcoin transfer market at approximately 22%. One large gainer has been Huobi’s HBTC, rising to become the third-most-popular BTC transfer solution with more than 6% of the overall market. The total number of HBTC has increased more than 570% since the beginning of August, when it stood at under 1,000 HBTC; it’s at 4,800 today. The rest part is here, https://decrypt.co/41593/bitcoin-ethereum-booming-closing-billion-value?amp=1 Thank you for allowing us know this. It seem defi is the next big thing. Many investors are taking interest in cryptocurrencies because of defi. Manybe who know ethereum may trade over $1, 000 before end of this year.
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Bitcoin has really lost some support levels since last week and it is advisable to sell now as panicking was start flowing into the market. I have seeing that bitcoin might go below $10,000 if it could not go above $11500 before closing of this week candlestick.
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Bitcoin crashing twice is always an opportunity to buy low and I see the two face of the market state as an opportunity and not a condition. Many traders are losing money because of the over holding and I think it is better we take what ever gain we have made from this latest bull run.
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People are promoting this defi seriously and it seems to be the happening in the world of cryptocurrencies. A new Era is here and it is going to be a repeat of ico pump in 2017 as the reason why people are investing cryptocurrencies market now is because of defi.
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I am thinking why Bitcoin price are going down? Is Bitcoin Bull run is finished? I want to buy Bitcoin, so is it the right time to buy Bitcoin or I will wait for a while.
Bitcoin is still in the state of indecision and buy now may favors you or affect your capital and many speculator are saying that it might still go beyond $10,000 by the week end.
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The listed platform were the best platform as far as popularity is concerned but I still prefer to trade through some of the decentralized exchange for safety purposes. Most time the trading platform you trade through is not the problem but you trading strategy is what matter.
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Over the night bitcoin has show a recovery from the downward trend that was trip a little above $10,000 for more than four day. Today it is above $10375 resistance leve and that is a sign that another bull run may start very soon especially if it can go above $10500 before the closing of daily candlestick.
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My business was not favorable, I lost all my money and liquidated all goods. Please give me advice, should I participate in this electromagnetic market?
Sad to hear this happened to your business but that is business for you, you either succeed or failed. My kindly advise to you is that you can change vocation but never give up. Keep doing and strategizing until you succeed. You need to fail several times before having a good success.
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The people are dying. Government is trying to work out things using their own methods , that they were using since eternity and guess what ? We don't have a solution to a problem that could have been controlled but the government shushed the people up who decided to stand up. We all know about the whistle blower doctor who was labelled liar for spreading rumors about the COVID -19 https://www.theguardian.com/world/2020/mar/20/chinese-inquiry-exonerates-coronavirus-whistleblower-doctor-li-wenliangWhen this could have been prevented right at the start ! China is trolling the world and avoiding blame , whereas on the other hand US president is all set on opening up US for the Easter . This is completely ridiculous . Markets are dying , some countries are leaning towards making heard immunity because now the matter is out of their hands. We have had amazing revolutions over the years and I do think we need one right now , otherwise we won't survive for long enough. Either people will die of the Corona virus or the quarantine itself where the poor people are suffering and have no jobs , soon enough they won't be able to pay for their food and other necessities. Economic situation is collapsing and we need justifiable adjustments , where money which is supposed to be used for the people , for the healthcare facilities , goes where it is supposed to go . Where the corruption is punishable now just by laws but practically too . What are your thoughts ? Do you think it is completely reasonable or we can live how we were living before? sincerely government did not have solutions to human problems and as such we should not expect them to stop killing and covid19 and other human problems the world is facing. I believe that revolution especially violent one is not the solution but revolution of our thinking and mind should be the solution.
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Hey,
I am thinking of switching from BTC trading to Alt trading. Consider me as a beginner.
If anyone can help me in these things:
1. Best exchange to join 2. Best altcoin to invest in
Thank you!
To me there is no difference between altcoins trading and bitcoin trading. What matter is your trading strategy and not the coins that you are trading. However some of the altcoins are extremely volatile than bitcoin and that should make you reviewing your strategy time to time.
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I believe that your predictions and analysis has come to past and as such we have that the current dimping the cryptocurrencies market and stock market are experiencing will come to an end very soon. I see bitcoin trying to establish strong support around $10300 since morning and we hope to see bance back one more.
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I was about to send the tokens but ETH gas price is too much at the moment. https://ethgasstation.info/I am waiting for the gas price to low down as you know I am paying the fee from my own pocket. Understandable BM. and if it's possible you can also cut some portions of my rewards I'm willing to help you with this fees. This is good idea. I will advise you get it calculated in a way that everyone pays for his fees. Ledu has really appreciated and it is around 0.0094$. Is good we get it now that the price is also good.
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