Latest posts of: Rafiqul

Whether I like Elon Musk or not, he is a successful businessman, he came to Crypto to do business. So it is unbelievable that he will help hackers. Online hackers try to hack using different people's names. Before investing as an investor, you must verify that you are investing in the right place; It would not be right to blame anyone else for this. I think investors should learn from the incident.

I have very little bitcoin at the moment. I have sold most of what Bitcoin was after the price of Bitcoin reached $62k, I want to buy it again if the market is dumping. Bitcoin may hit $1 million a day, but I think it will take a long time. I will not sell the whole bitcoin even when the bitcoin is $1 million, I must leave a part in the hope of making more profit in the future.

Cryptocurrencies are decentralized, so it is not possible for any government to regulate cryptocurrencies. The government can only legalize cryptocurrencies, shut down trading platforms. So anyone can buy and sell cryptocurrencies from anywhere in the world, even if they are banned by the government.

The expansion of BSc is mainly due to the high gas fees of Ethereum. Due to the high fees of Ethereum, many projects are being forced to go to the current Binance Smart Chain (BSC). BSC's transaction speed and fees are currently much lower, so its scope is growing rapidly. But I think Ethereum is still a popular platform. I believe that Ethereum will return to its position if its transaction fees are reduced in the future.

Quote from: meldrio1 on April 17, 2021, 08:49:20 AM

Really they already burned it? but the price still around $500.. seems it's not yet effective, I thought it will pump after they burning it. Maybe let's just wait a little bit who knows anytime it will pump suddenly. I believe burning tokens will increase the price.

I totally agree with you about the burning of BNB. If the burning of BNB is effective then its price should not be such a big correction. On the contrary, in the last few days, the price of BNB has been revised down to $100. However, my expectation is that if the issue of burn is implemented, BNB will pump again very soon and it will reach $1K.

BNB is the coin that is able to compete with Ethereum at the moment in crypto. Ethereum is much more popular than BNB; Nevertheless, due to its high gas fees, many projects are being shifted to the Binance Smart Chain Network. As a result, the demand for BNB is increasing, as a result of which its price is increasing rapidly. If there is no solution to the issue of high fees for Ethereum in the near future, then I believe BNB will definitely take the place of Ethereum.

Polkadot is no doubt a really good project and technically it is far ahead. At the moment, however, Polkadot does not seem to me to be the killer of Ethereum. I think Polkadot needs more time to qualify. In my opinion, the BNB is now qualified to be the killer of Ethereum and that could happen very soon.

Currently BNB is a strong currency. It is a binance supported currency. The BNB is now in the process of revision after running bulls for the last few days. If the current bullish trend in the crypto market continues, I believe BNB will soon surpass $1k and may exceed Ethereum in the future.

Since dogecoin has gone from $0.138 to $0.437 in a matter of hours, it is not uncommon for it to exceed $1. So I believe it can happen; But the problem is how long this pump will last. Although dogecoin is not a reliable currency, I believe it is only in support of Elon Musk and the manipulations are active as well.

The Covid 19 virus epidemic has devastated the global economy, but has not had much of an impact on the cryptocurrency market. The crypto world is moving forward even in the midst of the ongoing epidemic. Now that the Covid 19 vaccine is on the market and the world economy is turning around again, I believe that the cryptocurrency will flourish faster.

Quote from: susuberuang on April 14, 2021, 12:29:08 PM

BNB is my favorite altcoin, apart from having good prospects, BNB also has very low transaction fees compared to etherem, this provides its own advantages for BNB, because now many traders have switched to the BSC network, of course BNB will stay afloat with high prices for a long time ,,,

You are right; I think the big reason for BNB to come to its current position is the high gas fee of Ethereum. Many new projects are coming to BSC instead of Ethereum due to the high fees of Ethereum. As a result, the popularity of BSC is increasing rapidly and the price of BNB is increasing. If the Ethereum fee is not reduced, I believe BNB will rise to a much higher level.

I can't accept your advice. Cryptocurrency is the digital currency and it is the future of the economy. While many developed countries of the world are legalizing cryptocurrencies, many organizations, businessmen, rich people are participating in crypto, the number of crypto users is increasing day by day, it seems foolish to me to get out of crypto. My life could change at any time if you keep your assets in crypto.

There are many potential currencies in the cryptocurrency world today. Of these, the 5 coins you mentioned also seem very promising to me. I would like to add some more potential currency names like BNB, ADA, Chainlink. I believe these currencies will bring great profits in the future.

Although it is difficult to predict in crypto, I would say that the Altcoin season could end at any moment. At the moment most Altcoins are priced higher than at any time in the past which is at an all time high. Bitcoin is also locked in the house of $60K. If for some reason the price of Bitcoin starts to fall I think the season of Altcoin will end immediately.

While Ethereum has always been the most popular blockchain, the Binance smart chain has captured a significant amount of market share at the moment due to its high gas fees. Many bounty projects on the Ethereum platform are unable to pay their tokens due to high gas fees. As a result, many projects are now being forced to go to the Binance Smart Chain. If Ethereum's gas fees are not reduced, the growing trend of BSc will continue which may beat Ethereum at some point. On the other hand, if Ethereum's gas fees go down, I think they will return to the market in the future.