You have to keep in mind that Gold has been around and used as a form of currency for thousands of years. It's been used by modern day governments as a back to their currency. Gold has physical real world uses to boot. Bitcoin is a cryptocurrency in it's infancy. Stabilization will take time.
This is very interesting, I have previously expressed an opinion like this but in my opinion the price of bitcoin will never remain stable like gold unless bitcoin is recognized by all countries in the world and can be used anywhere There is also a possibility that bitcoin cannot be used as a daily transaction tool due to too expensive fees and slow transaction speeds
|
|
|
This is almost similar to the feature on Coinbase where the user has to learn an altcoin then the user answers the quiz and if the answer is correct then he will be rewarded This is indeed a very interesting feature but CMC seems to have started late with Coinbase I hope CMC can provide even more unique features
|
|
|
I think you need to analyze it yourself, other people's assessment of something is different By analyzing yourself if you lose your money then you gain the knowledge to analyze a project better if you do the analysis well, sharpen your knowledge to analyze
|
|
|
it is an investment plan based on analysis but in my opinion (personal analysis) the best cryptocurrency investment is BNB, Doge etc. in my analysis The cryptocurrency that is most often used is cryptocurrency with the best transaction fees and speed of transactions where these assets will continue to be used in the long term for day to day transactions and will continue to be needed
|
|
|
Maybe it was just you with that thinking. There are both good and bad bounty projects. Of course, after the bounty promotion end, a bad project would lose its hype and got dump not matter if the dev want or not. Don't fall for the hype and research to make sure you join in a good bounty project.
This reminds me of the Electroneum bounty, when the bounty is distributed it has no effect at all on the price, instead the price of ETN actually rises maybe some projects do dump but it depends on the developer of the project
|
|
|
What do you mean by "Most People" ?? Do you refer to most btc users or to people in general? Your opinion seems not to be based on a valid reason. In general, negative comments came from govs and bankers who are negatively infected by bitcoin. However, many of them start accepting it and even legalise it. Bitcoin is unstoppable and maintained by its users, not like traditional currencies controlled by a single authority. And if we compare it to Dollars for instance, dollar currency is the biggest scam in humain history, although we are stucked in and we can't really change it. Even the one you mentioned doesn't confirm that bitcoin is a scam when he says "will become worthless", which is a general prediction without any solid reason.
yes it is baseless, maybe 3 in 10 people think so but bitcoin only takes time to accept I think why some people think bitcoin is a scam, because they don't buy bitcoin from a legal and trusted place plus some people use bitcoin to commit fraud, when someone is tricked they will talk to others so that it will create a negative mindset towards bitcoin. this is the power of speech
|
|
|
BNB is not trustworthy like Ethereum because it's from Binance exchange.Vut Ethereum isn't 2nd most vital and most used cryptocurrency as well as number 1 altcoin.
So always Ethereum is in top position of all altcoins.
yes ethereum will probably continue to be on top because ethereum provides unlimited experience and frees anyone to do the innovation but maybe ethereum also has many shortcomings that in the future the ethereum team will fix its blockchains so this is the advantage of ethereum, namely user freedom
|
|
|
I am not so sure that USDT is really backed up 1: 1 with real dollars. I was able to get some information that the USDT actually backed up was only 70% of the current total allocation. many people have pros and cons arguments about this. so I chose to hesitate rather than trust 100%.
yes I also believe that USDT is not really 100% backed by USD Even the original USD is not backed up with gold in the country and is just printing money so I think USDT is like that and when the supply is too large, the excess will be burned immediately This is a very risky thing that USDT can be printed arbitrarily and they can pump an asset easily this is just my opinion
|
|
|
The crypto world fully uses online networks that don't meet in person when doing work or exchanges, but why when covid19 seems to be an excuse to stop projects from being listed on exchanges, and some even leave exchanges like BCNEX lost somewhere, this is their bullshit, should the crypto world be used as an alternative to create a real-world replacement project that is temporarily suspended,
looks like we have to create a project verification organization that can make sure the project is running, not scam and not real maybe this will be very interesting because a project that has verified the organization will be very easy to enter the exchanger and its security will be guaranteed
|
|
|
Is it still good to create a token in Waves I just created a token in Waves platform as an incentive to the forum that I am going to relaunch, I created Ethereum token in the past but with the very high fee and lag in the confirmation it's not recommended, I am down to Tron and Waves, anyone here already created a token in Waves I am testing it so far the fee is very low and the transaction is very fast.
Creating tokens on WAVES is quite easy and cheap but, the only drawback is WAVES is filled with scam tokens which are of no value if that doesn't concern you then sure you can go ahead and create tokens there. Creating token on waves will also mean instant listing on wavesDEX. yes it is true that making tokens in Waves blockchains goes directly to the Dex Waves exchanger so that it is very high risk and anyone can make tokens easily and cheaply This is probably what determines the good or bad of Waves token, which is as far as I know Waves only provides token creation without any innovation, different from etherum blockchains which can make us do anything and create anything through its blockchains
|
|
|
Legendary members mean huge experience has from the all forum. At least you can't ignore any of the legendary members' projects announced. yahoo62278 and Hhampuz are more than legendary members. Actually often they announce BTC payment campaign. But we should apply our own theory before joining any campaign, we can't blame others for our wrong research.
yes we should not ignore them because they have their own experience to publish an ann project that will not reduce their trust but maybe I will believe more if the project is published by a donated or admin account, what about you?
|
|
|
I believe bounty and airdrop will not kill the project because the percentage reward are to little. In my experience most of the dumpers are the workers or the employee of the project because the salary payment that they received is the tokens of the project thats the big reason I think. Beside the bounty hunters are promoting the project and before getting airdrop token most of the time it needs a referral by that it also helps the project by spreading it.
I think so bounties and airdrops do not kill the project but both help the project to mass adopt quickly and get the attention of many people maybe the side effect is the dump price for a while but the price will stabilize again and experience price correction that's what i believe
|
|
|
In these times of turmoil, Gold is reaching new ATHs in price. But Bitcoin doesn't leave behind, as it quickly recovered to its "pre-COVID" prices on the market. It's today where Bitcoin prices are relatively stable. With a limited supply of only 21 million coins, hardened security, and a focus on decentralization, Bitcoin is often viewed by many as the successor of Gold. One of Bitcoin's greatest benefits on top of Gold, is portability. You can virtually carry your Bitcoin with you safely when travelling, without anyone noticing. That's not the case with Gold, as you'd need to carry physical bullion with you. Other than portability, Gold and Bitcoin are very much alike. Do you think that Bitcoin will be able to replace Gold someday? As we shift into the "intangible" world, people will "ditch" physical stuff in exchange for digital items. Bitcoin can become the new digital Gold which serves as a safe-haven asset (store of value) in times of need. COVID-19 will greatly encourage people to adopt Bitcoin over Gold as their next store of value of choice. Thoughts? I don't think Bitcoin can replace gold, why? This is the answer from me, namely gold is an item that has a physical and function Gold in real life is used for luxury lifestyle or jewelry The question should be more specific, if you ask about investing in gold vs bitcoin then it's possible that bitcoin can replace gold but it's different in other contexts
|
|
|
I imagined how most bounty participants and trader who are below the senior rank most especially those who do not know how to choose good/high rewarding projects if they would would have even made up to $1k in the past 1 year. How would they feel if they have nothing meaningful to withdraw at this pandemic period and just looking at their wallet helplessly. How much have you been able to cash out in the past one year.
I stopped working on bounties since 1 year ago but several bounty projects that I worked on previously distributed distribution, yes you bounty hunters must have felt it when reward distribution was delayed for a long time and I earned around $ 1000 last year without doing anything
|
|
|
for investment purposes "YES" that's true, besides that Bitcoin is also used for crypto trading, many people have benefited (including me). times are getting more modern and will be completely digital. like it or not, surely the world will recognize bitcoin and accept it (unless the world you mean). ETH and other cryptos were born because of Bitcoin, they are trying to compete with Bitcoin. If Bitcoin didn't exist, it's likely that other cryptos wouldn't exist either.
I think Bitcoin is not a place to invest in the long term because as the creators of this topic say "do we need bitcoin?" I think what we need is a blockchain system not bitcoin Bitcoin is not as physical as gold and is not backed up with real money or goods This is my prediction that one day bitcoin will not be valuable and will be replaced by a cryptocurrency that is recognized by all countries and also has better blockchains in terms of transaction speed and transaction fees. so what we need in my opinion is the bitcoin system, not the bitcoin if I am wrong, please correct it as this is just my opinion
|
|
|
I have some DNA also from validation, seeing the concept is quite interesting even can mining with low spec laptop or PC (but need stable internet connections)
My question is what is the indicator that altcoin can be said to be the best? price or something else? because if the reference is the price there are other altcoins that have up hundreds of percent from initial prices.
What is important for me is seeing how the community of Idena continues to promote which is a positive thing and also the development of the developer is quite good and continously.
I have tried to study the Idena project, it turns out that the advantage of Idena is to build a strong community by mining without using special and expensive tools If Idena's team and community can do mass adoption well and collaborate a lot with various other popular projects, Idena will become a potential coin
|
|
|
It is true that when a brand becomes a verb or a noun to people, that brand has become mainstream.
That is how popular brands such as Google, Apple and Facebook have become overtime.
But, the fastest one to attain that status is Bitcoin. This digital product was developed by Nakamoto Satoshi in 2008 with the Blockchain underlying technology. Today, that product is called the technology and the technology is called the product.
What I want the forum to discuss is this: I believe that the application of Blockchain cut across many industries such as healthcare, logistics, insurance, governement, education and so and so forth. Why is the application of Blockchain to finance has this popularity than application of Blockchain to other sectors? What do you think?
In my opinion, why blockchains are more popular in finance is because the initial use of blockchains was for digital currency transactions so blockchains are seen as a future finance system why are blockchains applications in other sectors not so popular? In my opinion, the answer is very easy because there is no mass adoption of industries that use blockchains
|
|
|
yes I think we really need a stable coin because it will be very useful in saving funds for transactions and can be stored for the long term without fear of falling prices and also have low risk i really like coin stable
|
|
|
|