It is interesting that there has already been a boom in ICO IEO Defi, whether there will be a next boom in NFT, there are interesting options for using NFT tokens.
there are indications that NFTs will join Defi in the next rally after this corrections. I can see more NFTs and its token mention on twitter. Whales are very much awake and will take advantage of any trending and hype project. It could be the best time with this correction to pick some of the NFT token. It will be a great development to see cryptocurrency evolve with onground projects in gaming industry,real estate, art
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I decide lately to purchase TRX with bitcoin if my transaction is from exchanges. TRX fee is relative cheap for most exchanges and buy back of bitcoin from other exchange preserve the value of the btc and in other cases increases the value. Such transaction are usually immediate not delaying for hours because of the volatility of bitcoin. Have not spent 0.05 dollars in most of the transactions and also think it might not be advisable for larger purchase
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The irony of privacy is the security of it. Every medium that exposes our details and location could serve as protection as well as expose us. I think we can also reduce our recognition on social media, not exposing who we are and what we possess. If nobody knows how rich you are in cryptocurrency one might likely not see anyone looking into our privacy for private keys and more. The last twitter hack reveals how we are targeted with our fame.
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When we ascribe every dump in the market to some other altcoins action or dump it gets so distracting. Sushi exit scam was the first claim this September and very disappointed to read of UNI airdrop as another dump. September had always been a time for correction or pull back in previous years and the dump is also ascribe to something even when we had fewer altcoins. Maybe we should look for how to maximize the time.
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You posted this in the wrong section I think this is announcements not discussions.
I think it would have been better with exchange than announcements But this uniswap stuff is really crazy to me I actually don't like it not being able to easily see previous transactions and place my own limit orders is really foreign to me.
This grievance is more on personal term with the exchanges not the service they render I feel like every bull run when the scams start really taking off and then the market starts declining every one loses tons of money and leaves for a few years. But this time the scamming is happening in the start of the bull run
The space is larger than in the last bull market, more traders, developers, coin, cryptocurrency field and idea
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The third world countries suffered more with the pandemic that others. Except for some countries that provided subsidy with some food items and alternative money use like house rent. Fuel price had a very short dump before it rises however it does not have effect on quarantined communities around the globe. Politics paid a very bad effect on most citizens and exploited them to give much to the capitalist government
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Interesting I figured Neo did lose its chance and the fact many projects dissed it only makes things worse... but Polkadot has some potential Ill start a defi thread in the service discussion section asap...
You can always used the list provided by [1] coinmarketcap and [2]coingecko for defi list. [1] https://coinmarketcap.com/defi[2] https://www.coingecko.com/en/defi
Too bad for neo to be able not to caught with ethereum defi hype. I like neo before but they are so quiet and didnt not make any such good news for a while. Working development and good platform but still Im an ethereum fan, that looking out for good defi projects. Unfortunately didnt enter on yfi during the time they are on cheap sale. It is not the time to support any blockchain or be partisan not to place investment in the right place. There are too many blockchain coins on the top marketcap that have very little addition this year to the space in term of fund and blaze trailing project. There are chances they might be left behind in this market and some delisted, the whole market are more of the financial value that the space or coin can add.
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When Eth becomes unusable, those who cannot afford the fees will move to the other chains, it is that simple.
Eth gas wont get that high. Observing the market show that people wont be switching chains soon. At the moment TRX provide one of the cheapest transaction fee but few Defi project. Unfortunately,Tron Defi token have not done so well in this market and didnt have any hype as close to ethereum Defis' even with the numbers of exchanges listing the Defi token. Ethereum has a better advantage at the moment to other blockchain.
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That's right, if a newbie enters the cryptocurrency market without someone with experience supporting them, it is very easy to lose his or her money. I went through a similar situation, when I first entered the market it was easy to get into FOMO situations and lose most of my initial money.
I dont give names of some of my mentors in the space because they are not 100% right in prediction which is expected. Correct 70% prediction is reliable enough for such a deregulated and volatile market. An experience of 2 cycle is enough as a millionaire in the space also. More people get into the market during the bull market, they are attracted by the achievement of most investors purchase in the bear market.
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If UNIswap can give out that size of airdrop with such big amount, we are likely getting back to such a give-away in bounties. Reward in bounty is not only meant to appreciate hunters but generate spike in transaction from different individuals, if project could absorb such trade at the time of distribution and pump price, it could look attractive for whales to generate more traction and profit especially for good project. Exchanges are also attracted to profit and traction
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Are those ethereum in custody of UNISWAP DEX?
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what do we mean by active telegram group? 1. A group with high percentage of real members that are regularly online 2. A group with regular updates of development of the project 3. A group with dedicate community admin that attend to investors and resolve problem of group member I think such community should be the growing type, always increasing. Such project should be listed on top exchanges.
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the market situation looks still in the correction stage up and down so fast only coins that have good quality can pump high examples are like UNI many are selling but it has no effect on the price of UNI in the market instead, what happens is that it is able to pump up to 2 times the previous price
We might need to watch other signals in the market when we think of the bear in this present market. Even at every correction we see some outstanding performance of some coins. Startups are getting easy crowdfunding and some scam accused crowdfund are getting funded. There are chances for some high rewarding bounty very soon, something above 100k as budget and wont dump the whole market for long time. UNI gave 400UNI as airdrop at $2400 and yet the coin keep pumping.
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Many people I know formed a bias that cryptocurrencies are inherently risky and you shouldn't invest in them more than you can afford to lose.
I agree with the above statement in a certain extent, but I'd like to ask the community. Is it riskier to place your money in Bitcoin or hold them in a fiat savings account? What's your opinion?
So curious to see the response especially today when we live in times of crisis.
I dont expect such a question from a member of 6 years in the forum. Is the question meant for newbies to learn from? We all know how risky the space is but we think some coins have more risk than the other. Every purchase of bitcoin will give profit in 3 years at most if it is kept safe. The risk in the space is the choice of coin purchased and the safety of the coin in one's possession.ATM Nobody can advice me on the size of fund to invest
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Unfortunately most people joining bitcoin does not understand it as they ought to, they dont ask the right questions and they dont know enough. If they have good money and have taken risk with investment in the past they could know how to get the right information. My future speculation though is the position of bitcoin in the space after 10 years. Other coin could thrive through use cases and size of community.
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After every market correction there'll be growth. The present market situation clearly indicates the bouncing. Days back the market fell low to $10000, and now once again slowly the growth has taken place. Today it has crossed the $10500 margin. Following is the growth with rest of the altcoins. It can be considered as the moment to buy for a bigger profiting at the earliest.
The difference this time is with the large market movers, there will always be a top coin still making massive move in the market irrespective of the large market dump. The present correction has been massively anticipated and history also have bad record for September. Nobody expect a sustainable price growth till now. We could see a different market move for old coin that wants to adopt some Defi features.
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The risk on every form of storage needs to analyzed very well. I have been scared of the outcome of careless holding a hard-wallet keys, the theft may never be noticed, just a visit to the storage could steal all. Asides theft, death, accident and natural disaster could deprive the owner the access to the asset forever. We have many exchanges and many hack but some exist after hack and users fund are safe, maybe we stay with many exchanges with reliable security.
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Most people missed the defi pump, some because of the bearish panic or holding on to old tokens and top coin. Although many top coin had made a lot profit but not in the size of Defi. It might require regular visit on twitter and getting into groups on telegram with friends that got connections. Some crowdfund Defi will come in few weeks, Radix, Dfinance (with wings swap 1;1), rampdefi, definer, dhedge, flamingo finance etc do your research cause a lot scam will come through defi
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Tether and Ethereum are serving different purposes in this Defi market. Tether is rarely used as transaction fee and this is pivotal in the price movement in this market, this give ethereum traders more reason to hoard and trade than Tether. Tether is satisfying all the financial function that Defi demands, eventually increasing the size of stable coin in this market. The larger the crypto space the stronger the financial capacity, Stable coin can always defend the space and we could see more accumulation/swap.
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Between I don't think the wings coin will hold much value anymore after the entire swap process has occurred, so it is very likely to see the price of wings to drop drastically since there will be no more use for it, I think xfi on the other hand will be very valuable in the coming days, it is Defi after all.
Have been disappointed with the price movement since the XFI token swap, I expect the higher demand for wings from the exchange would pump the price especially when the news of the swap has been on for several weeks. I wish the XFI can adopted all DEX for the trade since its a erc20. The community is growing but could grow faster if the tokenomics is successful in short terms. I trust the team's experience to attract stronger support from cryptocurrency.
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