According to Bitcoin News, the targeted airline Privatefly revealed this week that nearly 20% of the company's sales last month were paid in cryptocurrency, 13% of which used Bitcoin. Privatefly started accepting Bitcoin in early 2014. Since then, it has also supported payments in BCH, ETH and four U.S. dollar-pegged stablecoins: GUSD, USDC, PAX and BUSD
Well, that's another story of successful crypto adoption, But since PrivateFly was already accepting Bitcoin since 2014 it means that this company is an early believer in the cryptocurrency potentials, And based on the article the company is accepting multiple cryptocurrencies as a form of payment including Stablecoins but why USDT or Tether is not included in the list? Just asking.
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IMHO, I believe that there's is no difference between Bitcoin before and Bitcoin today, it is the same Bitcoin as it was first introduced in 2009-2010. The only thing that has changed was the Bitcoin popularity and its price, But in totality, Bitcoin characteristics remain the same as it was before, like the volatility, total supply, its block time, etc., so for me, there's is nothing much change in Bitcoin but only the Popularity and value.
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IMHO, I think it's not bad because Tesla is a big company, and buying bitcoin with that amount brings more positive results on Bitcoin price as we experience nowadays, So overall it's not bad I believe that Tesla knows that Bitcoin and other cryptocurrencies are very volatile that's why they are aware of the risk associated in it.
By the way, they said that Elon Musk is manipulated the market, What kind of manipulation? Manipulation in a form of a tweet? I dont think so, what I believe is that investors are already aware of what they are doing and because cryptocurrency is very speculative in nature and investing in it is like a gamble. I think that was the reason they want(investors) to gamble, thats why invest only that you can afford to lose.
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Hi, I'm just wondering what your favourite 3 coins would be to invest in right now? I have BTC, ETH and DOT but would like to consider other options.
For me, it was Binance Coin, Stellar Lumens, and Cardano, I just drop Ethereum because I dont like its expensive transaction cost nowadays I feel I was robbed every time I'm using it. But I consider TRON as the next potential coin, But in reality, I love Bitcoin because it is the first cryptocurrency that I was used but it's too expensive to bought now thats why I prepared to hold those three potential coins that were mentioned above.
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I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong). What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks. I agree with you mate, Indeed Dogecoin was overpriced whether we like it or not, it will return to its previous price soon, Dogecoin is a meme coin and it will be known like that, I believe that the current price increased of Dogecoin is just artificially induce thats why just be careful and invest only that you can afford to lose thats should be the top priority of everyone riding in the recent Dogecoin pump.
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IMHO, I think if these fee problems persist in Ethereum Network I believe it will create a serious problem for Ethereum because it is not sustainable only the miners are gaining momentum in this set up for me It's a disgrace on the Ethereum part thats why Vitalik Buterin is already moving to solve this problem, and according to his latest tweet about the "EIP 2929" proposal
" EIP 2929 and state size management are important work paving the way for making high gas limits (and so lower fees) more safe and sustainable.
I hope it will succeed,
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Thats the problem when the price of Bitcoin was skyrocketed same as in 2017, But I think it's not that high during the 2017 Bullish trend, It's getting weird now especially in Ethereum it's not happening even in the 2017 Bullish trend, and I believe it's affecting the crypto adaption Imagine if you send a $10 dollars worth of ERC20 token and transaction fees is about double of that amount would you still using it. I think it's not good It will drive the people away because of this greediness.
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Hi, what you think about privacy coins .It wille be next global trend beacuse of governements infiltration ?
My top is: 1 Moner 2 Zcash 3 Horizon 4 Haven 5 Secret 6 Beam
How could you say that a trend when most of them are started to delist in major crypto exchange, IMHO, I consider it as uncertainty on the part of those Privacy centric coins, Because the truth was US government dont like their "superb privacy features," and the reason is simple they dont have the capability to trace those transactions if the advance and powerful nation like the US cannot trace those transactions what about those other countries that less advance? I believe for that particular reason many countries especially in Europe will follow the US action against the privacy-centric cryptocurrencies. Let me clear my position I'm not against the proliferation of privacy coins in fact I was also using Monero since 2017 I'm just pointing out my opinion in the recent move of the US government against Privacy centric cryptocurrencies.
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IMO, I believe this is another achievement of our beloved industry to be recognized by one of the worlds largest financial service innovators like Mastercard At last they have already seen the vast potential of this technology-based financial services innovation I believe cryptocurrency was still in its infancy and a lot of room to improve thats why I believe more achievements will be unlocked in the years to come just keep believing.
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Wow, I never know that bitcoin mining was using that huge amount of electricity larger than Argentina, But I think that electricity does not all come from burning fossil fuels because most of the mining firms are looking for a cheap source of energy and burning fossil fuels are not cheap, But base on the report the majority of that 121 TWh was came from the coal-fired power plants, I dont know who is telling the truth or maybe that report is just came from a bias group because I believe that in every story there will be a two version.
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It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees. Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good. When will the Ethereum gas fee go down? Anyone knows?
I think the only solution is to leave Ethereum and find another smart contract platform that suits your needs this is not 2015 anymore there are many smart contract platforms that have offered the same services as Ethereum but not greedy as it was. Binance Smart Chain is a good candidate PolkaDot and many more. The smart contract services are not monopolized by Ethereum anymore. just choose if you want to pay huge transaction fees or find more friendly smart contract platforms the decision is yours.
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Well, I believe it can influence because those people are very rich a Multi-Billionaires like Elon Musk Ricardo Salinas Pliego is also a Billionaire that's why many people know them because they are super rich I'm sure many are trying to copy their strategy on how to become a Billionaire and every important detail regarding investment from them will be surely picked by the people who knows them. Just my opinion.
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I never heard of that coin before. But this is the crypto industry an open and free industry that's why everyone can create a crypto project if you have the capability or resources to do so. But I think most crypto users and investors now are already learned the mistakes of 2017, That's why most of the investors now are doing some study before they are going to invest on a certain platform and we can clearly observe it in the recent bullish market trend only a few cryptocurrencies have gained much in terms of price increases. unlike in 2017 that even a Shitcoin has gained much price increase too. But IMHO cryptocurrency investment is one of the best ways to become rich thats for sure if you have the guts to do it.
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The next big coin will be #TRX
I expect it to give atleast 100% profit in coming weeks
Its a large cap coin...so it will take time to pump...growth may be slow...but it have potential to go big
So I'm accumulating more and more #TRX in every dip....buy this at 85-90 st if you can hold for few weeks
Don't expect to give profit in 1-2 days..you can also buy in usdt pair 3000-3300 🚀
Mate the question is when because I'm already waiting for it to happen since 2020 but every time there's a pump it was followed by a huge dump, and Because of that I was started to believe that the TRX is a Shitcoin that's why I sold all my TRX and replace with XLM and my decision is correct because since January XLM was already pumped that gives me a chance to recover my losses in 2018 bearish market. Plus the recent pump of BNB price I think my decision is correct when I sold all my XRP in favor of holding BNB and it's working. because BNB was reached another ATH. but I believe we have our own choices and direction to follow and if you believe that TRX is worthy to hold then thats your call and we can't do anything about it. Good luck!
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https://ycharts.com/indicators/ethereum_average_transaction_feeToday the cost for 1 transaction reached +$20! How can all these smart contracts continue to operate? How these Defi projects can continue to be functional? Are we heading to a crypto crash? Any feedback and comment about this situation? How this is affecting you or your business? IMHO, If this problem will not fix I believe those platforms will face a serious problem including Ethereum itself because I still believe that the majority of traders are just small or medium, which is already pissed in this situation, I believe that the crypto industry is not intended to function like this, because if we compare in 2017 Bullish market trend the fees are not high like this one today. for me its already a form of corruption, Ethereum becomes the worst platform to use and we should start finding other alternatives until it was not fixing its TX fees problem.
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It depends on how do you define the so-called potential aspect of an altcoin, Because If you have already gained a decent profit then it's good to go. because most of the time the greed will not benefit us instead it can cause a serious problem. In order to gain something, you must understand what you are doing, especially in the crypto industry that the risk and volatility are always present, and then if you have already gained a decent profit let's say 600% I believe there's no need for you to speculate or gamble again just grab it now for good and that was my opinion about it no more trick so that we can minimize the risk.
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IMHO, I believe no one can tell when this bullish market will end, but one thing is for sure whatever goes up must go down, thats for sure but the question is when? that was a million dollar question that no one knows how to answer. by the way, It is better to leave it to the market, and the best thing that we can do is to exploit this bullish trend for our own benefits thats more useful I think.
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I think it's bad news to the Nigerian crypto users, But they should not losing hope I believe they can go to the Supreme court and file a petition against the ruling like the Indian crypto users were doing during the Indian Reserve Bank ruling against crypto use in India, now cryptocurrency use in India is rising the Nigerian crypto users must do the same if they want that freedom to use cryptocurrencies. by the way, I think Peer to Peer transaction is available thats why Binance added the Nigerian Naira NGN, to the list.
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LTC, Ethereum, BCH, or other altcoins; which ones will be used in combination with Bitcoin in the digital future ahead of us?
I Think Stellar Lumens (XLM) and Binance Coin (BNB) is a good candidate IMHO because both platforms are fast, reliable and stable in terms of transaction fees unlike Ethereum and its ERC20 DEXes it becomes worse and unstable nowadays and it's not a good indication for a supposed to be one of the most used and admired Blockchain Platform after Bitcoin. If the Ethereum Developers will not find a solution to that problem it might cause a serious problem in the near future.
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I think Elon Musk is promoting the Meme coin, literally, And after his first successful tweet about Dogecoin, the price was started to move up thats why now he thinks that he can influence the crypto market by just tweeting about the specific coin or token that he wants to promote. maybe thats the reason or maybe not just an opinion.
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