[This thread is closed - A new thread will be created where the bounty will continue]

This thread is closed - A new thread will be created where the bounty will continue

 

BOUNTY RULES

• You must Join the Discord Server
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• You must post a post of authentication on this thread
• Join the Bounty Telegram Group
• Payment will be made with a week after the end of the campaign
• Payment will be made in Leather Bucket Head NFT which is available on OpenSea
• We reserve the right to change bounty rules

CAMPAIGN RULES

• You must Join the Discord Server
• You must Invite a Minimum of 20 members to the Discord Server
  
• You must be actively involved in conversations in the server - A minimum of 20  interactive messages must be sent on the general chat per week
• Inactive participants will not be awarded
• Maximum of 50 participants are required for this campaign
  
• Fake invites will not count

How To Apply

• Join the Discord Server
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• Fill the registration form here

 For any question regarding the campaign visit the Bounty Telegram Group

No doubtful, bounty campaigns draws a ton of attention to your community and enlighten potential investors about your project. But at the long run, is this development sustainable? Is it reliable enough to grow your project?

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!

It was announced on Twitter and telegram that six hot wallets on the European crypto exchange 'Etherbase" has recently been hacked. The etherbase which was designed to exchange Eth, Tron, BTC and other cryptos have been compromised and Over 5 million USD worth of cryptocurrency have been withdrawn from hot wallets

The most recent fall of Bitcoin was as seen as result of the outbreak of coronavirus. During this period bitcoin experienced a major decline in one day where the price fell from $7600 to $5300 in a day. And further moves down to $4,000 in a moment along with the United States Stock market.  This price fluctuation in price is the major reason investors do not see cryptocurrencies as a safe haven anymore. Bitcoin has only existed for 5 years while other assets such as Gold has been existing for about 5000 years. Gold is often sighted as having negative correlation with stocks and a positive correlation with inflation,  thus serving as execlent diversifying asset to hold in portfolios even at moments of global economic decline.
Also,  the price of Gold seems to be doing well hitting  $1700 and may even experience  a further increase.

This, isn't it  a bit too early to consider bitcoin as our safe haven?

What do you guys think?


If you like this post, be sure to drop me some merits! 😇
Thanks.

In this period of global pandemic,  the crypto world has taken various turns with respect to spred of the virus. But with an overall fall in price. A lot of individuals have clams that this fall is not as a result of the COVID-19 virus,  but it's so obvious that the Pandemic has a played a great role in this fall.

At the beginning of the year,  bitcoin has a worth of approximately  $9500, which is an optimal price compared to it's price today of
$6,647.47.  It can be concluded that Bitcoin has experienced a drastic fall and the Coronavirus is a major reason for it.

Following the fall in the US market stock which is equivalent to Its gain this year; thus erasing the gain, bitcoin has also taken thesame turn.

The major reason for this fall is fear. When fear enters the market,  it  creates panic and  people then to liquidate their money to a fiat funds that they can easily acess for their survival,  resulting to dumping and hence,  a fall in price.


What other reason do you think accounts for the fall of bitcoin at this point in time,
Want to hear your point Of view.