Except we just want to stay away from profitable coin in this market, this information on centralized exchanges does not scare as they present. Binance had this hack and Kucoin just had his but they are still offering services. Some exchanges are well prepared to handle some of this challenges and they make the right provision for it. Centralized also give opportunity to multiple chain wallets that most DEX does not, more also the transaction fee on the DEX are still crazy, so we cant because of security alone just would not take the risk in this profitable market.
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No news of Trump getting the infection, only Melania Trump got the infection at the moment. I can count several incident in September/ October that should have dump the market so badly after the sushi hack but the dump was mild. Second Defi exit scam, Kucoin hack, Rumour on stock market dump, Bitmex refund, Salt ICO refund, They are related to daily crypto trading and could not dump the market. IMO it looks more bullish
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Team
This is very important. Who is behind the project? Is the team made up of well-known members of the cryptocurrency community? Are they known in other areas? Have they been involved in previous projects? If the answer is yes, then this may be an interesting opportunity. Just remember to check if the person is actually aware of the project as scammers may use famous names just to get people interested even though these are not part of the team.
Defi has produced many crowdfund with anonymous team and that has reduced the scam, whatever the hype in the space I will never acknowledge a project with anonymous team. It does not cost a team anything if they got nothing to hide. A team with track record in the space is more attractive to raise fund. Go beyond the Linkedin information to verify the authenticity of the team, Linkedin can work with any date and we know older account could be easy to accredit.
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Many of You Don't know this but france will take over to be world power force of military and Economic power house.
Last year france have secured their gold reserves most france have world biggest Economic reserves now.
If we dont know the first world countries know and am sure none of them want to be overtaking in their position of power. I believe you cant just overtake the world power because of such acquisition. China has been on the road for over 2 decades and facing tougher challenges daily to overtake USA. Even in Europe, France many countries to Rival which include Russia and Germany
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Do we have announcement thread for Radix DLT?
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The presence of samsung, iphone etc had improve the technology of phones in china. China now had the highest traded phone in world even with all the reaction on USA to reduce the adoption all over the world. They also produce more phone models with high ends that can compete with iphone etc around the world. Moving the vietnam and other Asian countries may not bring the solution they expect, more competing companies will come from the migration that will affect the income of workers in the long term.
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I am really disappointed in the inability to prevent the sale of the coin after the stolen wallet had been discovered. Even if the team has enough to cater for the loss like Binance, the level of connection should help to freeze the coin. The complain was for DEX this time and Binance allowed the conversion of coin to fiat for Eterbase stolen fund. I dont know what to believe sometimes with the exchanges, if they cant protect themselves as exchange who is really safe with them.
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I do not think there can be a special strategy to taking profits from trade; i greatly doubt it, the best way to take profit from a trade is by taking profit. And if you insist on a strategy; then the question wil be "what is your trading strategy?" does it let you take profit easily? or you have to hope.
The simple process related to taking profits is easy, avoid greed and always take profit when you see it. But also, have a good trading strategy
I feel the strategy would have been engaged now and this prompted the question on the type of coin to take profit. IMO taking profit early from altcoin with stable coin wont maximize the benefit from bull market from bitcoin and ethereum expected price feat. I feel the last bullrun hurt most Americans that didnt plan well on paying tax. It is better time to learn the needful from taking profit the better way.
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I expect the price to rather pump into the new year or stop pumping before the new, then we will see correction by January/February. The little difference that will come within the cycle can always be expected. My $14000-16000 is a conservative price for bitcoin but ethereum may still double the price from now ($350) due to the development by November, Hoarding and Defi.
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RSK was the closest to developing a platform on bitcoin that could compete with most of the technology in the space, have asked from different rootstock channels to defend the purpose of the project, they mention few projects that latter exited. I consider developers of HBTC to be looking for attractive idea to steal into Defi market with bitcoin as top coin. They have always struggled to have a breakthrough and some are bad in making the hype for their projects in the market.
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I wont be choosing side for USA presidency, I just wonder why the revelation is coming out now that the election is close, especially from dailies that had always been against him. I am expecting response from the Presidency soon as campaign is ongoing. If the Tax news is true he might struggle to defend it but will it cost him the election? Partisanship is everywhere and it might play a long way in the choice of leader.
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Eterbase got the same issue and the fund was moved to exchanges ( Binance and Huobi), the exchange got high chances of fund recovery. I am of the opinion of allowing transfer to exchange account with KYC to allow the culprit apprehended. Kucoin hack didnt affect the market but I feel the control of the transfer reduced the effect in the market dump. Recent hack look loose and unprofessional, can we say the wallets are safer or the hackers are incompetent?
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the most important feature of stable coin or USDT is the marketcap in cryptocurrency. The high it rises the strong the space in ability to cope with dump in price. USDT has grown from less than $3b to over $15 this year. If the value could grow beyond $100b through the bull market, it gives an advantage for the level of dump. Since USDT has enough Fiat to depend the value it is more substantial and stable than other coin.
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Taking profit will differ with individual traders; base on period (long term and short term), coin type etc. I dont consider it to early to know the strategy to stay beyond the bull market and rather thrive through the bear. 1. What coin are you taking your profit? 2. If stable coin, When do you plan to shift to it? 3. What is the strategy to pay tax? 4. Will your Lambo come before the parabolic market if your acquire certain profit? 5. If the cycle in the space is really 4-5 years, what is the plan to cater for the long period of bear market?
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By now the OP should know the price predicted is not possible. When bitcoin rose to 20k in 2017, it was not from $350. My own conservative high price for ethereum is $800, This I expect by the end of the year after the launch of the ETH 2.0 in November. After the pump we might likely see another dump in the year or Next January. The capacity of Eth to bring various development in the space is high, Asides Defi and influence of DEX, we could see more approach to enable flow of fund.
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I guess defi projects will be same as the ico projects before, after a year of conquering the market they will slowly get out. Lots of defi projects is being added on cmc day by day but in the end they will leave.
I still consider the scam claims on Defi to be early, I also feel the ICO comparison is still early, ICO raised so much fund that we have not seen such in cryptocurrency at the moment. Ethereum contribution to both start up process are similar but i think I consider Defi is to be improved with financial use case for cryptocurrency.
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Can you provide medium that argued on the asset class of Bitcoin? Except the online or digital features attached to bitcoin that exempt it from the definition of Asset, I dont see any feature of asset that bitcoin does not have.
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Bounty Manager might not want to pay Bounty hunters with that kind of actions. Due the sudden raised ot YFmoonshot's price there are possibilities that it gets to BM's head and wanted to take all the reward ls allocated for the bounty. If that happens then try contacting one of team's member and clarify the issue thru DM.
Were they able to raise any fund at all? If any, how much was the fund raise?
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Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
Things happen when the bull market is approaching that can enrich almost everyone. We are still far from the bull market and Uniswap gave over 180000 users 2400$ each, even for those that the transaction didnt go through. Last bull gave some bounty participant reward close to 50k and more at distribution. Because it does not happen now in the bear does not mean it doesn't happen at all
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Absolutely true. I have seen a flurry of such projects which seem to be made in a hurry without any whitepaper, without any team and no fine details. I will suggest everyone to stay away because they are giving bad name to defi as we have already seen many instances of rug pulling and exit scamming after raising initial funds.
Defi didnt bring scam, scam has always been with us in this space like we see in any hype or successful idea everywhere. I found most old crypto enthusiast to be very cautious with the Defi and this resulted in the late entry by many. Whereas many new investor benefited from it. We should be cautious risk taker in this space and try not to be left behind. I see more people in Defi with the correction but we may not see the size of pump for some of the successful Defi in the market like the new.
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