We all know that Korea is one of the biggest crypto community, so such legalization means a lot to the whole cryptoshpere. My personal prediction is that BTC is just waiting the next BTC Halving date to start the next bull run, it won't be as fast as late 2017 first 20018, but it's gonna be profitable & have decent ROIs too.
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13000 BTC means nothing in the crypto market or even in the BTC market alone. These kind of news whenever the market bleeds means nothing, they just try to find that " why the market is bearish ", they simply forget the fact that this is how market works, waves of ups & downs till eternity, old news, nothing new about this.
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This is old news man, exchanges (AKA Brokers in other financial markets) are the only winners, they are like the casino, they never loose whether you profit or lose your money.
This thing is worse in crypto, since it's not regulated & any kind of pump & dump is still kind of " legitimate " in this cryptosphere..
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The whole financial markets are crashing so hard, they predict it's going to be harder than the 2008 crisis. YES Corona virus is killing the financial / economic system, this crisis was predicted since 2018 but the Corona virus accelerate it even more.
BTC & crypto market crashing for the same reason, people are buying gold; JPY & CHF for now.
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Mate, the solution to not being scammed are there & so simple & can be applied by any ICO out there, but they simply won't do it for a good reason. There is also a good way for that is to escrow the bounty portion % to a trusted BTT admin or trusted member, but they won't do it & that's why people lost faith in ICOs in general.
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I don't sympathize with any " person " putting his money in YoShit, it was called like this for a good reason. People have don't DYOR the exchange they put their money in & the result is as we all now " they stole my money ", no shit Sherlock.
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That's huge news indeed, That Dapp will become the ambassador of frypto marketing for sure. Making partnership with the huge UFC isn't something to ignore, that for certain. Launching their own " Sub Smart Contract " is indeed one of the few (if not the only one) Dapps that did it already.
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It's the best & easiest Smart Contract to deal with so far. Dapps can be made on Ethereum easier than any other Blokchain. Etherum is wide spread, mass adopted which made it the second Bitcoin ( i say). No other smart Contract will beat Ehterum ones soon. Ethereum Smart Contract will stay the king for long time to come.
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Just some kind of bullshit of " Wow, finally real crypto will used in daily life ", but the fact remains, it's just bla bla bla talk & nothing is gonna happen. The world wide financial system won't let crypto replace fiat (AKA the Dollar). This is the fact people should realize by now.
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Etherum is great & sill be even greater, but the fact remains that Bitcon is the king & will always be that way. Nothing will beat Bitcoin in the near future.
Bitcoin value will keep raising & no other alt or coin will beat it, that's something people should know.
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I have a better idea, for Dexes, use another Wallet, not your main wallet, that way even if you unlock it with your private key, there is no harm stealing your major cryptos which are in your main wallet that is not linked to Dexes. That's what i do, i also stick to famous Dexes only, any exchanges that i don't know i don't even bother trading in, as simple as that.
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If you don't know what Margin Trading is, simply don't do it & stick with the regular trading, sell only what you have in your pocket. Margin Trading means you're Buying / Selling something you don't own, meaning the broker (exchange) will take huge part of your funds in front (as an escrow for the trade) depending on the leverage you're using, the more your leverage the more the Margin taking by the broker.
YES, it's profitable if things goes so good in your favor BUT it's also so bad the same way as good it is.
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Bounty business is killed once the IEO took the place of the ICOs. Now you won't blame a bounty hunter for not doing a bounty that last only 3 months while in 2017 i did some that lasted 6+ months lol. An ICO now will be lucky to find good bounty hunters if it's campaign is 3+ months.
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Never use it & never will. I'm not into these kind of shady / unknown exchanges. If the coin i'm willing to buy into an exchange like Vindax & the exchanges like it, i simple move on. Better stick with the famous one & pray not to be banned or scammed lol. People should learn where to put their money.
If Scam accusation posts continues about this exchanges, then it's differently doing something shady.
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It's always like this in Chine " banning crypto, it's ok for crypto again " & all that kind of endless crypto drama. One thing for sure IMO is that this whole crypto thing is a Chinese invention made for the purpose of killing the worldwide financial system at the day 0.
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ICO business is almost dead man, now it's time for the IEO which killed the bounty business. A crypto project do not need so much marketing now, all it has to do is listing it's IEO into one decent exchange & that's it, the user base of that exchange if the best marketing it can get.
It so hard that you'll find an ICO that puts his tokens in a escrow wallet, that's why people aren't willing to invest in ICO anymore, they prefer buying it when it hit the exchanges instead.
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Storiqa was one of the BEST SCAM projects, they played it really well those bastards. I used to blame the USA for nopt leeting their citizens invest in cryptos & ICOs, now i'm like " wow, they are 100% right about their decision ". This cryptop shit is total gambling man, nothing is safe.
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People should learn the basic of Maths before bringing such insane numbers about certain crypto / tokens / coins. 5k per one single Ethereum would make it #1 in CoinMarektCap & eating like 50%+ of the whole Crypto Market, which is kind of insane, that makes Bitocin probably in #2.
Ethereum is good, there is no doubt about that, like it more than Bitcoin, but let's be realistic, Etherum IMO should never be below 2k or $1.5 in the worst bear situation, but hey, this is crypto where nothing is logic & make sense.
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