Getting wealth from cryptocurrency is also not as easy as some imagine. There is nothing magical about cryptocurrency. It also does not create wealth, it only redistributes it. This means that if someone makes a good profit, then someone has to lose it. Therefore, in order to make a profit, you need to either know the market well, or have good luck.

Of course, we on this forum use our free time to make a profit, but I do not think that the proposed coin can bring a good profit. I don't really see the need for its creation at all. To make a profit, we should only invest in projects with a good idea and, best of all, with a real product and prospects for development.

I read on the news that Ripple Labs officials said they are entering negotiations with the SEC. If they agree on the amount of penalties to be paid, the trial can quickly end in a reconciliation of the parties. I think that the Ripple team is fully aware that the lengthy lawsuit is not in their favor and will try to finish it as soon as possible, even I appreciate the payment of billions of dollars in penalties.
I also don't think ripple is dying now. The image and price of this coin have been shaken, but this is temporary.

I wonder how this Yellen intends to "cut" bitcoin. This is not a budget cut that can be cut with the stroke of a pen. Judging by the fact that she only proposes to study the ways of influencing the cryptocurrency, she does not know at all what exactly to do. I agree that such calls from high-ranking officials have begun to sound more and more often. Overall, this is an alarming prospect. States, especially if they unite, can harm the free development of cryptocurrency.

If we see a bear market this year, I don't think it will be deep and long. Most of it is expected to be bullish this year. May will be a year since the last halving and this period should be marked by good growth. Therefore, the current drop in the price of bitcoin may just be another correction, but it is possible that this time the drop will be longer. This is a cryptocurrency and any surprises are possible here.

I think this trial will not last long. The executives of Ripple Labs have already announced some time ago that they are entering into negotiations with the SEC over the filed lawsuit. This means that they are ready to at least partially admit their guilt and pay large penalties. In my opinion, this is exactly what the SEC is seeking. If an agreement is reached, the court will approve it and the case will be dropped. The ripple positions can then be restored.

The global economy continues to deteriorate due to the impact of the coronavirus pandemic and unprecedented measures to combat it. Therefore, most likely, we can first survive the global economic crisis or simply a significant drop in economic growth in all states, and only after that prosperity is possible. Everything moves cyclically and in a spiral. The world economy also.

In Russia, there is such contradictory and stupid legislation on cryptocurrency that one involuntarily asks the question: if there are no fools, then why are they doing it. You can have cryptocurrency, but you can't use it. Or Putin is inconvenient to completely prohibit cryptocurrency, after all, he has previously spoken positively about it. I see that if Putin reigns a little more, then cryptocurrency will be practically banned in Russia on pain of criminal liability. So we'll see if the state can control its laws to ban cryptocurrency.

This is not good. I recently heard on the news that the newly elected US President Biden is appointing her to a high position in his government. At the same time, he is changing SEC leaders to be more loyal to the cryptocurrency.
We see that some decisions regarding cryptocurrency can very seriously affect it and its price. Therefore, people like Lagarde in power are dangerous for cryptocurrency. This danger should not be underestimated.

Of course you are wrong. The dollar-backed stablecoin is essentially the same dollar, only in digital form. Yes, if the dollar depreciates, then we will see a 1: 1 ratio in the CoinMarketCap table. However, these numbers only indicate the dollar's backing of the stablecoin, not its price. The dollar price is not reflected here. The dollar in this case will be subject to inflation and its rate will fall, however, from the point of view of a stablecoin, it will remain backed by one dollar of less value.
This does not directly affect the price of bitcoin, but internally its price should rise in price over time.

The same can be said for any other altcoin. Everyone has the right to invest in the cryptocurrency that he considers profitable for investment. I do not understand a bit why some of the members of this forum are so negative about Ethereum. Given the high level of capitalization of bitcoin, almost all cryptocurrencies are now following the price movement of bitcoin. Why blame ethereum for this? Moreover, recently this coin has significantly outstripped Bitcoin in price growth and even grew in price during the period. when he fell slightly or practically stood still.
Ethereum is now fully updated. I am confident that this coin will gain even more popularity after this update.

Of course, participation in bounty companies provides not only the opportunity to receive new tokens and some kind of profit. It is also an opportunity to constantly keep abreast of the latest news in the world of cryptocurrency and to know not only an opinion about a certain fact that has happened, but also different opinions and practical advice on this event.
Not everyone can be a programmer, create wallets and perform other similar specific work. Most people who participate in bounty companies have their own main job, This should always be taken into account.

Few thought that Polkadot would even reach its current heights. A few days ago, this cryptocurrency ranked fourth on the CoinMarketCap table with a current capitalization of $ 16.1 billion and a price tag of $ 17.8. It ousted Ripple, against whose leaders the SEC filed a lawsuit on December 22 in the unregistered issue of these coins.
Polkadot is even now growing very rapidly in price, having increased by 13 percent over the last 24 hours and by 82 percent over the week. It is believed that it can become a good competitor to ethereum.

I don't see any significant difficulty for ethereum to discuss such a topic. The level of capitalization of this coin is very good evidence of its popularity, and the number of tokens issued on its platform, of its relevance. There is a problem with scalability and high transaction fees, but it will be addressed with the already running Ethereum 2.0 updates.
Ethereum remains the leader of altcoins for a long time.

Indeed, the bandwidth of the Ethereum network is still very low and Ethereum 2.0 should remedy this situation. Moreover, it arose precisely due to the fact that the Ethereum platform is very popular. We need to wait a bit and the scalability of this coin will increase a lot after it is updated.
We expect a significant rise in the price of altcoins after bitcoin reaches its new price peaks and funds begin to flow into cheaper promising altcoins.

Over the years, executives of Ripple Labs have sold hundreds of thousands of unreported XRP coins, hiding this fact from the Ripple community who invested in this coin. In any case, it is very similar to abuse of their position.
In fact, they have already pleaded guilty, inviting the SEC to enter into negotiations over the lawsuit filed on December 22. Most likely, after paying billions of dollars in penalties, Ripple will return to normal.

Yes, in terms of prices in the current cryptocurrency market, buying bitcoin for $ 27,000 no longer seems stupid, but a reasonable decision. A few months ago, some were skeptical about the possibility of bitcoin to rise in price above $ 25,000 in the near future, based on the events of 2017-2019, when investors who bought bitcoin at a price of about $ 20,000 over the next three years saw a bear market and the price bitcoin at $ 10,000. However, the cryptocurrency market is developing and the situation is changing. With the current price of bitcoin over $ 37,000 and given that bitcoin has already crossed the $ 40,000 mark several times, even its price of $ 100,000 over the course of a year does not seem so fantastic.

No, bitcoin was originally conceived as an alternative means of payment to the existing payment system specifically for everyday transactions. However, their number has now grown so much that, given the sharp increase in its price, it has really become profitable to use it only for large transactions. Perhaps this status will be fixed for bitcoin.

On the contrary, I think even now the ethereum price is still too underestimated. It should be borne in mind that the high transaction fees in the ethereum network arose precisely because of the high demand for this coin and the popularity of its platform, while its scalability is still low. This issue should go away soon as it gets updated as part of the Ethereum 2.0 improvements. Taking into account the role that ethereum plays today in cryptocurrency, compared to Bitcoin, it should have a price of at least 3-5 thousand dollars.
This coin is increasing in value and with its expected renewal.

It's not even a complete conversion of copper to gold. If scientists worked at the level of electrons, protons and nuclei of atoms of various chemical elements and, by rearranging their orbits and their quantities, would convert one element into another, it would be interesting. They have been working on this for a long time, but without much success. And the bombardment of atoms, as a result of which several microns of the new substance fall out, will not have special practical significance. Moreover, this will not affect bitcoin and its price in any way.