it's relative, i just trusting coinmarketcap for any cryptocurrency data, because this is one trusted site for rating and analyze any data cryptocurrency with real-time monitoring
So the fact that coinmarketcap was recently acquired by Binance doesn't bother you? And the fact that now its ratings can be affiliated!? I would, for greater confidence, use information from several resources in your place! I think nothing really can be trusted in rating cryptocurrency because most people in getting a rating on a rating platform or website are required to pay a fee, this is based on my own experience as a news listing service provider in several media |
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to compete with bitcoin is something that is not possible for several reasons including the supply of XRP itself this is my opinion that one day Bitcoin can be replaced but not by XRP for reasons of high transaction fees, slow transaction speeds and many other aspects For XRP, from a source that I read at https://walletinvestor.com/forecast/xrp-prediction it is possible that XRP will not touch more than 10 $ in a relatively fast time but it does not rule out the possibility that in the long term it can touch the price of 10 $ |
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I think there is nothing you can do, maybe you can only hope and miracles come
This is a risk from the world of cryptocurrency, this is the digital world and even the track records of blockchains developers can be faked
If you want to get profit from cryptocurrency then you must be prepared for the risks, such as delisted coins / tokens from exchangers
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currently in my country there are several trusted exchangers that make it easier for me to exchange from bitcoin to usd or idr but right now my favorite place to exchange is binanca because currently binance has accepted fiat idr deposits and idr withdrawals with various withdrawal options
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I plan to hold few percentage of tokens and coins I earned from bounty projects and sell majority of them, quality matters but still the future can be so unpredictable, sell many and hold few, for example if you earn 20,000 tokens sell 15,000 tokens and keep the rest just in case
I think this is the best plan for selling and partially holding Previously I always sold all of my digital assets and sometimes I feel sorry that I sold them because not how many times I sold tokens / coins, the price of these assets suddenly pumped This is based on my experience as a bounty hunter |
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This is really good news, I hope that the government in my country can do the same thing, namely using blockchains for various government sectors because this will really help the government and will also make better security, especially minimizing manipulation and also acts of corruption
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So your worried about centralized exchanges will force his customer to submit KYC/personal information? Just don't use them and start using decentralized exchanges (e.g. bisq [1], hodl hodl [2]) IMO it's enough to answer your question, better to lock your topic 
[1] https://bisq.network/[2] https://hodlhodl.com/That's right, not even all exchangers need KYC, usually KYC is used to increase withdrawal and withdrawal limits using an account So far I have not been worried about that, exchangers are places for exchanging fiat to cryptocurrency only and we can still maintain privacy by making transactions through blockchains wallets and not using wallets on the exchange In fact, I am not worried if there is KYC on the exhcanger because the exchanger does not have permission to publish data without the permission of the user or the person concerned unless you intend to use cryptocurrency to commit crimes such as illegal transactions, money laundering etc., it might make you worry about KYC |
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Impossible to happen.
First, they made an ICO or IEO to create money out of their token.
How can they pay you if they don't have the capability to do it.
If they do have.
Why would they make efforts into converting the money to stable coins just to pay bounty hunters?
It won't happen easily unless they do have a company that is already working.
I think this might happen, if I am in a project developer position I can change the bounty allocation from token / coin to be based on the amount of funds collected for example : softcap 1,000,000 USD hardcap 10,000,000 USD if the funds raised are equal to or more than 1,000,000 USD the allocation for the bounty is 3% or around 30,000 USD if the funds raised are equal to or more than 5,000,000 USD the allocation for the bounty is 5% or around 50,000 USD if the funds raised are equal to 10,000,000 USD or reach the hard cap, the bounty allocation is 10% or around 100,000 USD and if it does not touch the softcap then there is no allocation for the bounty I think this is very fair, where the effectiveness of the bounty on a project can be assessed |
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The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.
Knowing when to hodl, when not to hodl is an important skill you need.
Not that alone, if you don't have the mind, there's no way you can hold. Crypto is very volatile, hence not everyone can handle - 30% of their funds. They become depressed, regrets set in and give up, some sold at loss and give up on crypto. Those who bought at peak on last btc bull run, you often hear some noobs that crypto is a scam investment, some claim you have to hold for eternity before you could gain. In cryptocurrency, you need patience and mind. Be ready for what comes after. Don't invest what you cannot afford to loooseI really like this, "Don't invest what you cannot afford to looose" because it is the foundation of all business So every time you make an investment you must be ready to lose your money at any time even if you have to lose your assets within 1 second I think any asset can lose its value in a very short time in cryptocurrency if you are ready to lose your assets it means you are ready to make a profit. it's all about risk and whatever you do has risks |
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after reading the reply, made me get new knowledge.
Bitcoin and other altcoins are cryptocurrencies and can also be called digital assets because cryprocurrency has fulfilled the classification as a digital asset which has a value
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if we look at the price of bitcoin in 2011 then we will cry because the price is very low compared to the price of bitcoin at this time. if they were holding bitcoin from 2011 until now they would have laughed happily because the price of bitcoin has now reached $ 12k. I am also sure that the price of bitcoin will reach its highest price like at the end of 2017. At the moment I am still holding bitcoin because I believe the price of bitcoin will reach $ 15k.
I also felt that I had 7 bitcoins in 2014 at that time the price was around 230 $ and I only got profits almost 100% that year when I remember it again it makes me very sad if only I was able to hold bitcoin for three years I could get a huge profit, it really makes me want to turn back time |
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earlier I apologize if my English is bad
This is what is always on my mind "bitcoin, ethereum, ripple etc. are cryptocurrencies or digital assets?"
have you ever thought that the naming of cryptocurrency is very influential on bitcoin etc.? because the naming of cryptocurrencies that are currently attached to bitcoin etc. makes bitcoin clash with government regulations relating to the applicable currency
what happens when the name cryptocurrency is changed to a digital asset? I think this will make it easier for bitcoin to be adopted in various countries because it doesn't conflict with financial regulations
I think the naming of cryptocurrency or digital assets plays a big role in the perspective and development of bitcoin
this is just my assumption, what do you think?
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Maybe "get rich quick" approach is not the right mindset when it comes to cryptocurrencies but I think it was a good way to motivate new peoples to the crypto world. Honestly, a lot of us get into crypto because of it and slowly understand you won't survive in the crypto world if that is the only on your mind when making decisions. The crypto world isn't something we can say healthy or not, it was shaped by how we perceive it.
I think giving a new user the "get rich quickly" mindset is not right because if he or she doesn't get rich quickly their confidence will decrease and if they experience dropping prices they will feel they were being ripped off. this is what I see in my country, with the lure that cryptocurrency will be able to make them rich instantly they are very excited but if their expectations are not met they become hates cryptocurrency, this is what is dangerous in my opinion |
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Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19
This is a welcome development honestly. I think the outbreak of this virus, though very pathetic, gave some unusual attention and popularity to the Cryptos. Because cryptos trading do not involve physical contact, but block chain based, this has given it upper hand over some physical establishment whose workers were forced to stay at home. This in turn has opened the eyes of many to the undisturbed potential in the crypto industry. We are very much optimistic for a better adoption. This is a very good time to introduce cryptocurrency as we are advised to use digital currency to minimize the spread of the virus in my country almost 60% of payments are made using digital but unfortunately none of the blockchains based payment platforms have appeared in my country |
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In my opinion, to apply cryptocurrency as a world currency or universal currency, it is very far away because each country has its own regulation of currency, but if you use blockchain technology, it is possible that it will be applied by each country.
yes some countries are definitely against this but if most other countries approve cryptocurrency as a currency then it's a matter of time in my opinion but in my opinion cyprocurrency will not be accepted in all countries unless the name is changed to digital asset by changing the name from cryptocurrency to digital asset will change the perspective of each country |
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Im sure there are alot of underrated altcoins out there, some new project out there have potential but they have yet to develop, im sure there are already developed projects out there that have yet to explode.
some of them usually haven't done the project yet and just a development idea or a plan so if they don't get the minimum fundraising then they will make their project a scam but remember this is only partially not all projects are like that |
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Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?
I think what you mean is brading, branding is very influential on the mindset of each individual i.e if I say cola what comes to your mind? coca cola? pepsi? seven up? then if I say expensive cars what comes to your mind? ford? ferrari? it is very clear that the name or brand of something is very important I think if I go too far it will have a lot to do with marketing |
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Not so easy, old people it is difficult to learn something new. Bitcoin is too troublesome for them, bitcoin has both economic and technological value. If you want to refer you please introduce Bitcoin as a currency in your bank account and easy to transfer to others. Please explain simply not too mechanical. Good luck.
That's right it's not easy to educate old people about bitcoin since mostly of it are always prefer the traditiontal payment system. Some could easily adopt this kind of system but for some not interested to learn. Yes that way through simple discussion could easily understand the oldies. I think there is a way to explain it to older people, maybe you don't need to explain bitcoin but rather cryptocurrency I once explained it to my parents and they immediately understood, all I did was explain cryptocurrency and the decentralized financial system then exchange at a local exchanger and make a withdrawal I think they find it difficult to understand if we do technical explanation but they will understand if we practice it |
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