There are ways to cut out noise i the space, when you see a new project, add it to your watch list, then look at those covering it and investors in it, if you see some of these big names behind the project then you are sure the team is real if not look at the twitter influencers shilling the project, if is someone you trust then good, just wait fro the IEO or IDO, or wait for the right price on exchange.
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The issue I have with many of these YFI clone is that most of the team remain anonymous, how in the world am I going to touch such a project with the huge scam going on in the space. For me anyone that want people to take their project serious and attract long term holders you need to reveal your identity
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The issue with this high gas price is that the Ethereum purist do not see this as an issue because the chain is dominating the smart contract world, but if this price thing continue to be an issue, I think a better tech with good marketing team behind it would dethrone Ethereum long run, how can I want to make a transaction of $100 and be paying $10 for fees this is too high
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I have always been in defense of Tether because of the huge contribution they have contributed to the growth of the space but now I am getting absolutely scared touching USDT again because if these tokens are not actually backed it is going to bring the whole space down and even USDT might cease trading because people won't want to touch it, the growth of USDT this year is huge and I have a feeling their not all backed
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I can tell you that if testing is romped up these expert will still tell you that we need another lock down. Most of these so called expert have never experience limelight like this before and they are enjoying it because people are talk their opinion serious, once this is over they are forgotten. Boris should resist this and wait for vaccine or herd immunity take over
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US has the best economic in the world and most country depend on it, as long as people still have trust in USD expect the economy to recover. A lot is going on here that is merely politics and when election is over all these noise we die down and focus will be on substance. FED will do everything in their capacity to let this work out fine
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As the title says i sent USDT to ETH address from Coinbase i own and funds didn't arrive of course but now i can't retrieve them and support is saying that in my region they can only support self help so no help from them. If i had private key i could somehow retreive it but i see they don't provide that so i don't know what to do...any help would appreciated. Thanks
There is nothing you can do about this because the tokens is now in another address, CoinBase is in the best position to do thid, since they are no one in control of the address you sent to tokens to. I will advice you to keep sending them message maybe they will have change of heart, this is one thing I love Binance for their support is the best in the space by far
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I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
It is very difficult to keep pace with most of the DEFI projects in the space but if you want to be up to date, tweeter is a great platform to be, just follow the OG in the DEFI space and they will be shilling you alpha. You can join telegram Top 7 telegram group also it is a good channel that update you on the Crypto news in general
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This is what I don't get with increase in the marketcap of Tether, people believed that it was used to pumped BTC and the number has increased to $14 billion and the price of Bitcoin has been relatively steady but most of the Altcoins has made significant gains this year, something to ponder about
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Thanks for raising this issue, with the bull market there will be a lot of these scammers entering the space and their main targets are the newbies and the greedy guys chasing anything that promise huge profit. I have said this over and over again do not invest into any project with anonymous team this is very important
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There is one thing I like about CZ, he knows where is going and how to get there, just see the way Binance is giving CoinBase fight for her money. I believe what Binance is doing is to onboard all the Binance.us users first and attract more. Fro now the SXP airdrop is crashing the price and when this stops we will see a rise
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The transaction fees now is crazy and Ethereum need to solve this fast, if they think this is going to continue forever that is a joke, there are some projects with promising scaling solutions around now, all they need is just incentives to attract community to their own chain, if this is done, then we are looking at the next big ting in the space
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Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
Yes, Bitcoin seems to be underperforming most of these DEFI projects but their gains are coming back to Bitcoin. I am very sure that BTC will touch ATH this year, there are many free money flowing around and some of it will enter in Crypto. It is not too late to enter any position now, if you know which project to invest into.
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Although I am not happy this happen, but we need this periodic reality check to make sure that all there DEFI products are hack proof, just imagine that the white hacker that first discover the bug in the platform exploit these and cart away $20 million what are we going to be saying now, this could have crash the DEFI market by now. Any DEFI platform need to be audited and hack proof because these are people's fund
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Any project being shill here always turn me off, especially DEFI projects, I looked at the website, can't find anything about the team, why would I trust people with my funds, I believe the developer is not Satoshi. Anyone that got greedy and jump into these DEFI projects because of gains without due diligence is going to lose his money
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Ethereum people used to criticize Bitcoin for having high fees and claiming that Ethereum will replace it because it's more scalable. But it's clear that having only a few times more capacity than Bitcoin is not enough to having spikes of transaction volumes, you would need much bigger blocks for that, and this would make any coin completely centralized. Even now it's very hard for users to run their Ethereum nodes. and in the near future it would be only possible for datacenters. This would make Ethereum closer to banks rather than Bitcoin.
I was telling some people then that most of the project criticizing BTC for high transaction fee would which they are in Bitcoin shoes then. This transaction fee is about demand and supply but some people do not get it, the demand for space and Ethereum is high now and it is good to be in this position because it shows people are suing your network. I just hope there is a lasting solution to this because this is not sustainable in any form
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I think you jump into conclusion early about the idea, the way it is structure is to give creators something in return for their content, this is what helped Youtube to scale greatly, if this s successful then expect some content provider to move their content to Facebook because recently Youtube has been hostile to their users
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I don't see anywhere in the tweet that he made mention of Binance smart chain. I think his point is towards the CeDEFI that CZ is promoting, it is left for the market to determine which project will survive. I for one think the BSC has a chance, the ridiculous transaction on Ethereum is not sustainable for the space and let's give other platform chance. I have been looking into Solana and BSC recently and I think the can help with the crazy transaction fees
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I was expecting NFTs tokens to really gain momentum with the DEFI hype but it seems people are still figuring them out, there are still some work to be done to make market penetration. When I saw the way MANA token pumped hard in 2019, my though then was that this is going to push the NFT niche market to a new height but things has cooled down recently
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I think this guy has redeemed his image, to be sincere not everyone can afford to do what he did, $14 million is a huge money to refund because this is life changing money, for him to come and admit he is wrong to me is a great feat, I just hope the community will welcome him backa nd let the buy-gone be buy-gone. Now the project can move forward
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