All possibilities can happen, there is a time when a coin / token will dominate CMC. All depends on user needs. I personally switched to ERC20 USDT because the ETH fee was huge and it was not good for my wallet.  |
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I prefer to save it on USB and external hard disk, because it won't connect to the internet. If I need my wallet I will plug it into the PC but only for a moment.
That's all to avoid viruses and backdoor from unwanted programs.
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Yes, name is very important in a product (coin), name implies the identity of a coin, by saying its name we already know which direction the coin will develop.
But there are some coins that don't care about the name, but the prices in the market are really good.
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If people don't understand cryptocurrency they should try to learn it, and it's better to try to buy it in a small amount.
But if that person thinks about getting rich quick then that is impossible, because cryptocurrency is the same as money, but only digital (digital money). Its value will increase or decrease over time.
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I agree with you, bounty hunters do not care about the price of a coin, when they get a gift from the bounty they are following at that time they sell their coins without thinking. And that causes the price of coins to crash.
Hopefully the bounty hunters will be wise in selling their coins, even though it is their right, but it is very detrimental to many people.
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For now I'm only trading eth on one of the exchanges without withdrawing it or sending eth too often, because the fees are so expensive for making small transactions.
But on the other hand, the miners are very happy with the huge fee. Yes, we may have to be patient so that eth developers find a solution, because if there is no miner, our eth transaction will not run smoothly.
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Many coins, whether it's DeFi or others, when they first enter the exchange their value is so large, but over time it will decrease and even touch the $0 mark.
I think it is commonplace, maybe there are some whales who pump the coins to keep going up, then after they get the target they want, the whales will sell all of their coins without leaving a single bit in their bag.
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Most of the projects do something like that, either the goal is to make a lot of profit or they really intend to develop the project.
Bounty hunters must be wiser in choosing what projects to work on, don't be tempted by big prizes because all of that is just a bait. The real value is when their coins are on the exchange.
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There are so many bounty hunters today, and they mostly play on social media because it's an easy thing like you said.
I suggest just following videos or articles and signature bounties because the prizes are quite large. But make sure to create content that is valuable and easy for the general public to understand.
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Corona virus is only a small issue that is exaggerated, they forget that there are still many deadly diseases such as heart disease, liver, spleen, diabetes, and others that cause so many deaths every day.
And regarding the impact on cryptocurrency, I think it will only take a moment, over time it will return to normal as before. Stay healthy and multiply your crypto assets.
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3. You dont want to rely on a single coin- Diversification is very important when it comes to investment. You dont want to put all your eggs in one basket.
I agree with you, put all your eggs in one basket is very risky, and the worst choice to investing in crypto. Better to invest on the best 10 high volume coins, and trade it daily. A small profit is good for a newbie, and then you will become an expert day by day. |
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ICOs are dead in 2020, many of the greedy people take advantage of ICOs to make short profits then disappear without a trace.
However, it is different from 2017-2018 where ICO is very relevant, reliable, the roadmap is very clear and has accountable value.
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1st Question: binance exchange and few top exchanges I've used has finger print scanner under security settings, I want to know if this can only safe me from people around me or also online hackers, both withdrawal and deposit requires my thumb print, how good is this ?
This option is in my opinion the best, because duplicating fingerprints is impossible for a hacker who works remotely. 2nd Question: my second question is almost same thing as the first, which is 2FA, it's part of my security settings that login, deposit and withdrawal requires 2FA codes too, how tight is this from hackers? And of course people around me ? Thank you
2FA is also very strong, but it should be noted that when you register at one of the exchangers, make sure to use a different password from other exchangers, this is a standard procedure so that hackers don't steal other data. |
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Yes, it will be very risky if you are a beginner in cryptocurrency, lots of scam coins / tokens are circulating and ready to suck up all your money easily. Keep playing it safe by studying a coin, such as the team behind it, what features the coin provides, and of course coins that have high credibility are important values.
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Many of the beginners in the crypto world always follow the trend in doing business, such as the issue of bitcoin will rise 10x from now and in the end, they are lured into buying and buying without being based on analysis and knowledge of the world of crypto. And in the end, most of them will fail.
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The simple reason why I dump my tokens / coins is because the Developer coin did not have a significant increase on their project. For example, such as adding new features or adding their coins to well-known exchanges, which in the end can be traded every day with a large volume.
And of course, a community that continues to grow is the main pillar of forming a large network.
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.....but do you ever think that it is even remotely possible.....
All possibilities can happen, but the decision of a president is absolute. If it is true that he banned bitcoin, then we must comply.
I don't mean only America, what about in your country; do think that a future ban on crypto currencies is ever possible in your country?
I don't think my president would do something like that, because there are still many problems in the country that need to be resolved, one of which is corruption. Banning bitcoin will not do any good for my country or society. |
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IF the whole world ban BTC at first BTC will Crash very hard but only for a few month, Demand will be increased while there will be no Legal Seller, All trade will go to undergrand and Black market and illegal traffic, sellers will start to selling BTC 50 X more than current price. BTC will be more expensive, As simple as that,
That was an answer for these who said BTC will die if whole world Ban it, So no BTC never Die.
if bitcoin were banned everywhere, why would demand increase? demand from who? i mean sure, black markets could still exist, but prohibition greatly cuts markets down in size. all institutional investment would cease, mainstream retail investors would jump ship. its utility would be greatly reduced because cheap, legal fiat gateways would be gone and only expensive, black market exchangers would exist. miners couldn't operate in the open, reducing the value of the network's security as hash rate drops. i don't think bitcoin would die but a million bucks? sounds like crazy talk to me. I also think that if bitcoin is banned in all countries, I am sure that global economy will not work because I see many large companies are now adopting blockchain for the future if bitcoin is banned. What will happen to us? Bitcoin will continue to grow even though many speculations forbid it because of the growing interest in bitcoin. Yes, Bitcoin will grow faster, more and more companies accept bitcoin as payment. Even Trump cannot ban it, everything that bankers do to limit the circulation of bitcoin will be in vain. |
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Dev do you have some time frame when will token distribution be for hunters?
Hello dear, at the end of June  And then August now |
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Either whales or pump, none can manipulate the market.
Wrong! The Bitcoin market can be manipulated, if you follow this thread closely you'd have gotten hint of how it is done. The Bitcoin network is decentralized, but there is need for centralized industries like exchanges, to make it mainstream. Your reaction to market manipulation and ability to read and interpret charts would largely determine your success as a trader or investor. Oh yeah, can you explain how someone or the market manipulates the price of bitcoin? Give reasons in detail, do not assume if there is no evidence. |
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