These days, I've seen a lot of project where people ask in the telegram group like. Where is team profile? . The answer they get is team is anonymous. I'm always like, why? Why would they prefer to stay anonymous. Is there any reason behind this or are they just copying satoshi?
Because after knowing this, many people still go on to invest on an anonymous Erc20 token project with no useful purpose. I would love to see if there is a good reason behind this anonymity.
I just feel like teams who tend to do this are not committed enough on their work. People are about to entrust you with their money and you choose to remain anonymous, theres no trust in their at all. And i believe that if there woukd be money involved, trust should be the foundation more than any. |
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Few months ago Supreme Court of India withdraw the ban on crypto. This prohibition was brought by Reserve Bank of India. But they lost the case in Supreme Court.
Since then there is talk going on that India will officially bring a law to ban cryptocurrency trading. Suppose that a bill regarding this is about to be discussed in the Parliament.
Recently many renounced news sources posted this news within 36 hours.
But also one news sources posted that they had a talk with one parliament member and he said "It will be madness if they do." He also said that he has no information regarding this kind of bill. Also the news source posted it with the name of the parliament member.
So what do you think. Is there really a crypto ban bill coming or not?
Quite unreasonable for them to do this really. If they feel so threatened about crypto, they better step up their game not take out the percieved opposition especially if it isnt an opposition at all. Bunch of cry babies in the government if you ask me. |
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Since cryptocurrency first appeared, it has continued to increase from year to year. The cryptocurrency which is considered a digital transaction in modern times still has to improve in various aspects. Over time, cryptocurrency must be able to increase its usability as a transaction platform. Many companies and developers are looking for a decentralized platform with blockchain as the base.
From this point of view, what do you think about the future of cryptocurrency in developing its services?
The future that crypto will be a part of regular transactions and a part of the mainstream will not be impossible. However for now crypto is too unstable to operate and nothing can regulate it as much as real currency can be regulated by their government. Tho its not impossible, the future is still too vague to conclude. |
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Wouldnt say for now for certain. Crypto is quite unstable for now but we're not for certain in the path it would take since it is hard to be able to tell ever since the start of it. But its not far off.
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YFI is kinda risky. Its bullish run is so unnatural you would think that it is manipulated and personally i would think that. You cant win on something like that, it might get dropped any time soon.
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The scammers are at their game like we experienced in the bitcoin Hacking some weeks ago. This time around, they're disguising as binance using the same template they used when Elon Musk's Twitter account was hacked. They supply this link https://futures-binance.org/ which if you follow takes you to a medium page requesting you to participate in the giveaway. It is a big scam. Don't fall for it over again. There are a lot of scammers now more than ever. Im not expecting any less from crypto. But i just dont understand these people, investors are just people trying to realize their own fortune but scammers just go ahead and ruin that. |
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I've heard people talking about other Cryptocurrency and even I've known alot about some of them, I've made careful research about some I'm even yet to know about, but I've not seen too may people talking about Pinkoin and I'm about to join that, please can you share with me your views, I need to have good understanding of it before I go on. Thanks so much 🙏
I havent really heard of it before but i would like to more. But if you think that the project backing them up would be sustainable in the future then i dont see why not. |
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I believe its never too late to invest on crypto even during these times. There are still promising projects out there that havent blossomed yet and it would be a shame to miss it completely, tho before investing, thorough research should be done.
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I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
This is actually true. In all the businesses you want to start with you have to have a capital. And with crypto, it is buying new tokens, add to it that it is risky considering crypto is unstable. |
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I dont fully trust them. After all even those project admins lie. I mean they dont flat out lie but they still make decisions without telling their investors first. But i find them useful when asking about stuff im confused with atleast.
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You've found something else giving you money, if it's crypto related, why not share it? Also, I agree with you that bounties do not give money compared to the good old days, but a few do. This is the more reason why we ought to be extremely selective before promoting any project. For me, trading has been my "new found love", even though sometimes it breaks my heart lol. Atleast i gain on about 65% of my trades.
Because most people here are skeptical. If he shared here what new thing he's been doing we would brush it off as someone just promoting. But i agree, share it. God knows we need all the help we can get in this pandemic. |
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
I went into this question thinking that would be really ideal. If we were just able to look into the future before or was able to foresee this development, we wouldve been billionares. I have no idea how it happend but i crypto never ceases to amaze even the best of us. |
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Well they have finally done it. I mean people have created coins about anything there really is. Its about time they have made a coin about the pandemic. Cashing in on the good ol trend.
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This is just me and im probably wrong but i find this safer, i tend to stay away from projects who switched to Defi midway. The projects who started not as defi but then changed, i think these guys are just riding the hype.
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Sure, we have good DeFi project, but there is still high risks. For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in, too loud to call it a bubble, but it can't be anything else. Such a young project simply physically can't create such a real value in such a short period of time, this price is conditioned by faith in further growth, not by project development.
I mean there are a lot of projects that switched to DeFi inorder to ride with the hype. Surely maybe atleast one of those projects would be good tho a good amount would be shit projects that just want to milk this hype. |
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Somedays ago, Kick price reached above 40 satoshi but now its price has decreased at 20. That means, Kick price has backed to its half. Do you think, this is the best time to invest on Kick or wait for again price fall? Your well thinking suggestion is highly appreciated.
I have never really heard of kick before. Maybe im just not doing enough browsing on the internet. But ill try looking this one up and if they have a good project in their pockets then why not invest some. |
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If DeFi would really stand up to the hype then the future should not be a problem. There are a lot of projects that are turning to DeFi right now, atleast one of them must be good right?
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Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion
Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable. |
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Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return WHILE Bitcoin on the other hand can be quite profitable but it's risk of negative volatility can be catastrophic!
So which has your vote? Gold or Bitcoin!!!!
If you want to not do anything but dont mind getting a small return, definitely gold. I dont see gold bringing down in value in the relevant future. But if you want a bigger return then you have to work hard or else youre going to lose your investment in bitcoin. |
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I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..
I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create something that somebody can actually use.
I wouldnt really count on any hype but im looking forward to polkadot. Tho i wouldnt say it prematurely that it would replace ethereum. Ethereum afterall already has a stable grounding and polkadot is so far only appealing because of the hype. |
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