Latest posts of: Danne87

Hello everyone, Dan from CoinRabbit here

First of all, let me briefly introduce what we are developing. We are a team of cryptocurrency believers who wants to build their very own crypto lending service.

We already have reputable partners like ChangeNOW and Guarda wallet who implemented our solutions, and also deserved a trust of multiple communities and teams of different assets like DGB and NANO, who also keeps working with us and conducting AMA sessions with our CEO, etc.

At this moment we provide many crypto loans options with such collaterals like BTC, ETH, DGB, NANO, XRP, FIRO and more, and also USDT/USDC deposits.

I’ve been walking here and there to learn if people are interested in earn interest on crypto on their stablecoin holdings or not, and what kind of terms are the most favourable. It would be great if you guys could share your thoughts regarding this matter, and also about features that might be changed within our services.

For your convenience here are our current terms for deposits (we accept only USDT and USDC for now):

No min deposit period
No max deposit period
8% APY accumulated on a monthly basis
No KYC or any personal information is needed
No withdrawal fees or restrictions

Please, feel free to share anything you’ve got on your mind about stablecoin deposits in general and also about our terms. It would be great to hear any feedback let it be positive or negative.

Please, keep in mind that this post is not a promotional one! The name of the project, links or any other information would not be shared under any circumstances. Only your objective feedback and help is needed.

Hello guys. I’m working at a crypto lending project. Today I would like to ask you for some help.

We launched our Earnings product (or stablecoin deposits if you’d like) a few weeks ago. Still this feature is not as popular as our loans feature. Right now we struggle to realise what are the reasons for it and/or what should be changed. It would be great if you could share with us your feedback regarding this matter and shoot over anything you’ve got on your mind, let it be inconvenient terms or something else. Maybe there is something that should be changed in the first place?

These are the terms we currently implemented:

1) APY is 6%
2) Partial of full withdrawal is available anytime
3) No KYC or any personal data is collected
4) Reward tracking system could be accessed directly from your dashboard
5) All the rewards unlock after 3 months which means it could not be withdrawn before and disappears if a client decides to close the deposit earlier
6) Estimated interest updates on a daily basis
7) Accumulated interest amount updates for withdrawal on a monthly basis
8 ) We accept only USDT/USDC deposits for now

Feel free to send us any kind of feedback, let it be positive or negative or use cases and terms you find the most convenient for crypto deposits. Your help would be greatly appreciated!

Quote from: Colt81 on January 25, 2020, 04:50:08 PM

Quote from: Sterbens on January 25, 2020, 04:32:55 PM

Quote from: Blackdeath on January 25, 2020, 03:58:34 PM

Quote from: d3nz on January 25, 2020, 03:43:45 PM

Quote from: kolonel_x on January 25, 2020, 03:28:45 PM

Recently, there is a lot of talk about it all over the world about the corona virus originating from China, and even Japanese tourists who enter China to enter the country for fear of being hit by an outbreak of tourists.
But I don't think this will affect the price of crypto even though this news comes from China so I don't think there will be a big impact on the crypto market.

This outbreak is really affecting a lot of people in Asia and there could a possibility that it could affect the market if the virus is spreading across all over Asia and some people who are investor may used and dump their BTC which is really bad in market.

And i think the impact of this crisis will not be big and recovery will be soon.

The corona virus is really affecting a lot of people in Asia that some people is starting to panic about it. But i don't really think that this epidemic will have a huge impact on the cryto market because it will not help to adopt cryptocurrency all over the world and it will not make people sell their crypto.

Maybe this will only have an impact on the global economy, open to the crypto market, maybe it's only a part of it and it's unlikely that it will be severe.
Viruses like Corona are the government that will deal with them because this is a big problem and almost in Asia affected by the Corona outbreak.

The epidemic of corona virus will only have an impact on the global economy when it comes to treatment cost, productivity of drugs and mortality. But it won't have any impact to the crypto market because this kind of situation won't really help to increase or decrease bitcoin adaptation.

Even as it can. want to say that now there is no effect on market capitalization? when many whales went into stronger assets

Quote from: slaman29 on March 06, 2020, 12:08:15 PM

Quote from: jerrison on March 04, 2020, 10:16:20 PM

From time to time, the price of tokens inflate and deflate with respect to both demand and supply globally and also the manipulations in pricing amongst the marketers. Ethereum is not left out of this spcae as it happens to be a necessary reosource in the crypto cureency space and more especially those looking to utilise the ethereum blockchain in deploying their own smart contract.

You definitely missed out on crypto 102 haha. Sure, demand and supply plays the traditional role of economics, but in crypto especially with alts, we have a problem where a few people own the majority of the supply and thus they are able to determine or falsify demand. This could have been the case with ETH during ATH.

Unfortunately, this can be said about BTC. But alts are easier to manipulate

Quote from: airdnasxela on March 06, 2020, 10:38:06 AM

That's great! Another country legalized Bitcoin and it's a developed country which can effect other countries perception towards bitcoin or cryptocurrency as well. If this legalization leads to a great result, let's expect more country will try to look at cryptocurrency. It can give an impact to bitcoin and its adoption because South Korea is one of the developed country and it can influence other country. Now I'm hoping for more country for the next coming months, years to accept Bitcoin and crypto.

I think these are the necessary measure for developed countries

Quote from: darewaller on February 28, 2020, 01:37:58 PM

Mathematically speaking there is no reason for bitcoin price to go up or down aside from people actually buying and selling. You can take a look at the charts, you can study TA, you can do whatever you want, you can predict the inflation and scarcity and many other stuff but all of that could be for nothing because all it looks at is how much bitcoin people buy and how much bitcoin people sell, there are no regulations no nothing so there is nothing stopping people from doing whatever they want in the market as well.

So, long story short if one day people wake up and everyone decides to sell bitcoin price will be 1 cent, if one day rich people all wake up and decides to buy bitcoin will be 100k+ all depends on what the people that are interested in crypto will do.

I agree. It all looks like fortune-telling on coffee grounds

Quote from: nanobtc on February 28, 2020, 06:52:45 AM

Quote from: jbreher on February 28, 2020, 12:03:08 AM

[snippage ensues]
I still own a pair of (working) Compaq 'sewing machine' 8088-based PC clones. DOS on floppy, store to floppy. Woo-hoo!

I keep an 8 inch floppy disk at my desk, beside my 5 pound IBM Model M keyboard. Winderrs keys are for losers! The Model M is a daily driver, the 8 inch floppy is just a momento.

Soon it will be possible to send to the museum

Quote from: watergold on January 28, 2020, 12:50:54 PM

Quote from: Cnut237 on January 28, 2020, 08:25:19 AM

Yes, we've hit 9k and it is very encouraging. It's a big milestone, and the question is can we turn it into a support line and hold it? I do think that momentum has been shifting steadily over the last few months. Bearish pullbacks have been short-lived and mostly recovered. Each new push upwards does look more solid than has been the case previously. Just a feeling with zero evidence to back it up, but I think 10k is achievable and any problem of a psychological barrier is overstated.

Of course this will delight investors and traders as the market has become positive this will be a new application for all of us, we must hold bitcoin and hold it until the 10k chart shows a positive direction so we will know how the actual bitcoin continues.
Towards halving everyone will be happy because I'm sure bitcoin will go to the highest price.

is not a fact. we can expect a new correction

Quote from: dimox on January 23, 2020, 09:06:29 AM

Quote from: Liquid_Gas on January 22, 2020, 05:25:10 AM

Bitcoin value starts with secure technology. Attention leads to greed, and really LARGE piles of money tend to fly around every two or three years.

right, at the first time people look for uts technology, but many of them now earning profit. people will think bitcoin is very good because the technology, and they believe someday they will gain much profit after collect this coin.

but usually speculators lose

Quote from: aosis on January 22, 2020, 05:22:02 AM

Is Bitcoin really a such innovative thing that can change people's lives significantly in the future?

I think we still live fine without having Bitcoin being actively used in our real lives.

Oh well... In terms of transparency, i can take on Bitcoin's technology.

But which one is it that raised its value so much though?

Technology or People's attention?

Is the myth of transparency relevant? Unlike the fiat, here you can easily track the complete history of coin movements and what happened to them, everything is transparent

They have advantages. For example, taxes from the government. Tool for against corruption and successful implementation for business

Technology or People's attention? Both. But mainly people and the economic situation in the world

Quote from: sazonk on January 22, 2020, 01:32:07 PM

Quote from: Pamadar on January 22, 2020, 11:40:16 AM

Quote from: riso2015 on January 22, 2020, 04:25:40 AM

Quote from: sazonk on January 22, 2020, 02:57:22 AM

Bitcoin touched 9K USD two days ago, and is now at 8600 $, this is good news, and the possibility of BTC will reach not only 9K USD after this January, is likely and hopes that BTC will be more able to reach 10K USD. But yes all of that is predictable and requires a process, while altcoin on this day is evenly distributed on prices, there are ups and downs and there is stagnation at a price point. We all hope that the positive trend of BTC continues to be accompanied by good news about crypto in the world.

Yeah I agree, Bitcoin can reach more than 9k in January and even I predict it can reach more than 10k. Right now I think the price of Bitcoin is being corrected, so after a correction the price of Bitcoin usually can go higher than before.

We only have more than a week to see whether the value will rise to that level, though it's been touched earlier and reached $9,100+
It's still a question if this correction will push the value back and will try to achieve more.
Holders needs to keep trusting and waiting for the next ride, till they earned the value that they've waiting for.

I think this has the effect of the influence of the Chinese New Year, after the Chinese New Year celebration whether the BTC can still survive and go up or down. And it must be remembered that China is a crypto-holding country with fantastic numbers, even those who are accustomed to crypto in their daily lives, it is clear this has a huge impact on today's BTC prices. And has there been bad news lately regarding crypto? the answer is nonexistent, different from 3-4 months ago at which time there was a lot of oblique news about altcoin and the upheaval of a country's government policies that are closely related to crypto.

in addition to the situation with China, for some reason, little is considered the conflict between the US and Iran, and a continuation is also possible, which will also affect prices

Quote from: KingScorpio on January 21, 2020, 11:27:03 PM

american right wingers and trumpers accuse the democrats and liberals as "communists" for having open borders but, in real life communism like the soviet union the borders where pretty much closed.

complete confussion.

also soviet communism was very conservatives, no gay marriage, women destined to marry and get children etc.

but still the liberals in the usa are being accuse of communism.

why?

regards

collection of obscure myths...
communism is a synonym for multiculturalism, where everyone is united and mixed. And what gave rise to feminism, abortion, etc.

PS in the USSR there was no communism, there was a semblance of "socialism"

Quote from: fourpiece on January 22, 2020, 01:03:41 PM

Quote from: suryana on January 22, 2020, 04:07:13 AM

Quote from: ice18 on January 22, 2020, 03:41:56 AM

Yes already touched $9k and Im sure after this minor correction btc can surpass 9500 in the next few days, perfect timing to those who want to want to buy more bitcoin and make some profit 9 days to go before end of this month and I hope we can see more price actions in bitcoin, wait after Chinese New year if we can see any bullish or bearish effect on price of bitcoin.

Many people predict that in the Chinese New Year the price of Bitcoin will come back down, because the big investors in China will sell their assets to welcome the new year. But I am not sure they will sell their assets at that time.

hopefully the chinese new year this 2020 will give some hype to bitcoins price . Unlike last year that it didnt do nothing on the price of bitcoin. Bitcoin just touched 9k this january and next month bitcoin will be touching 11000$, i guess every month that will pass bitcoin will increase its price as the halving is near.

The logical outcome of the events, but do not forget about the manipulators, the government and the news background. In general, it is strange that halving is already nearby and the price has not increased much

Security is certainly important, but do not forget that for many people a cold wallet will have a number of drawbacks. For example, like losing a key or transmitting it to other users, viruses, etc.
It seems to me that online wallets are suitable for small amounts, most importantly time-tested. And it is better that there are several places for funds. 2fa and other delights must be used

Quote from: qumatru on January 18, 2020, 04:12:04 PM

Quote from: Savemore on January 18, 2020, 03:23:19 AM

It is expected because we are still in introduction cycle, many micro businesses are not yet have knowledge sbout the new mode of payment system which are the cryptocurrencies specially bitcoin, introducing other people to adopt bitcoin is not easy as you think. It need more a lot of years before the micro businesses to adopt bitcoin as new mode of payment.

Though it has created in 2009 and has passed many stages of its development. But it is still in its early period of development. Every new innovation takes time to be known and accepted by the people. Bitcoin’s present strong value gives the guarantee of its successful future. Its publicity among people is very important so that people get to know about it. Small businessmen still do not have knowledge due to governments restrictions.

True. this technology still needs a lot of time and policy changes so that we can see it everywhere

Quote from: Kevondo on January 15, 2020, 04:17:13 PM

Quote from: Danne87 on January 15, 2020, 12:58:04 PM

Quote from: chip1994 on January 15, 2020, 08:03:11 AM

Quote from: Aurora Castro on January 12, 2020, 11:38:52 PM

In Mexico, the UENI research firm conducted a study, in a field composed of 1287 Mexican microentrepreneurs, that is: supermarkets, restaurants, clothing sales, accessories, among others. In which it was concluded that 67.1% of respondents were unaware of the world of cryptocurrencies. The remaining 32.9% who said they knew the concept of cryptocurrencies, were asked another question, in which they were asked, if they would be willing to accept cryptocurrencies as a method of payment? and the result was that 50.4% of respondents he said no .

https://www.criptonoticias.com/negocios/67pc-pequenas-empresas-mexico-desconoce-bitcoin-criptomonedas/

What you think?
-Why does the population know cryptocurrencies?
-What would happen if at least 67.1% of microenterprises accepted Bitcoin as payment methods?
-Could it be that there are more countries like Mexico in which the population does not know or fear this new technology?

Actually, people who do business will often know about big issues like this but they mean they don't want to get caught up in this fraud game. Most businesses in Asian countries too, they know it but do not dare to touch it because they know the risk is very high.
we will hardly be able to convince many businesses to accept payments with crypto because it is not a stable currency, the prices of coins often fluctuate so exchange will be very inconvenient. That is the problem that coins are unable to do.

Of course, it will be especially dangerous for enterprises if the state sharply and at one point imposes bans. It will be a collapse

I think risk is the part of every business, so traders should not use it as a factor for not accepting cryptocurrencies. For me people who call this business a fraud and are not ready to invest in it either have less knowledge about it or are wrongly introduce about it. If one only focuses on the risks and downfalls of it he will not find it interesting. Traders should also focus on the positive and benefit side of it.

I agree. But people are afraid and for good reason. Or, for example, the law directly forbids them

Quote from: chip1994 on January 15, 2020, 08:03:11 AM

Quote from: Aurora Castro on January 12, 2020, 11:38:52 PM

Of course, it will be especially dangerous for enterprises if the state sharply and at one point imposes bans. It will be a collapse

Quote from: Karmakid on January 13, 2020, 10:34:44 AM

Quote from: Edraket31 on January 13, 2020, 09:56:19 AM

Quote from: bdivrik on January 13, 2020, 09:16:36 AM

The banking system has long emerged. In fact, Zigurats can be an example in historical ages. I don't think they're gonna disappear now. They will probably undergo a technological shift. I think classical banking will undergo change.

For sure Banks will adapt the changes and will add crypto in their option, I don't think that banks will just disappear as we all know how they play in our economy, they are controlling our financial system and once they found out how many people and how much money in the crypto market for sure they will do something for it.

The banks are already moving and creating their action to the demand for cryptocurrencies or digital currencies. We can see from the news that they are creating their own cryptocurrency and implementing the blockchain technology. They don't want to get left behind and lose the game in the financial industry and in the next 5-10 years, all of the sectors in financial industry will be blockchain powered.

and in fact, if large banks want to, then the value of their currencies will be much more reinforced than bitcoin.

Quote from: Yurkov on December 24, 2019, 06:54:36 AM

It seems to me that his calculations are based on the fact that after halving, Bitcoin price should start to grow faster and on the whole cryptocurrency market should start new, much longer and several times larger than the last bull run. Theoretically, Altcoins prices should start rising with the price of Bitcoin.
However, this is only a very optimistic theory. It is enough that something unexpected happens and the bear market will last another two years. Anything could happen.

in any case with halving, the situation in the price will change, but do not forget that, if desired, any states or billionaires can change the price as they like

Already the end of 19 and halving "on nose" but something special is not visible changes, tortoise steps that even old values cannot catch up with