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I personally don’t believe it. SHIb has utility and ecosystem. NFTs with burn mechanism, nowpayments accept SHIb with burn mechanism and Shib swap add tokens with burn mechanism and shibarium...
To be honest i'm not really care about whos behind SHIB as long as it continues reaching new heights and higher lows, I'm satisfied..
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If I were making long term bets I would just place it in BTC. If you're looking for more growth than BTC then adding ETH is a much safer option than lower cap altcoins. I know both of the recommendation from me is so basic but if we're talking about long term BTC and ETH is always the best coin for you to choose.
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Seems like USDT has better liquidity and it's more universally adopted especially when using other trading platforms. I don't use Binance as trade platform; I use it to buy/sell USDT. But if we're talking about risk, I think it's incredibly risky. They're not audited by 3rd parties and they're very opaque. For another option maybe you can choose DAI for stable coin.
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From my point of view, i'm seeing btc as an asset.
I doubt BTC will ever be used as a daily driver currency to pay for cigarettes and bubblegum at gas stations (especially in my country), but I can absolutely see people buying houses and cars with it. Transaction speed matters. I am still learning, but as far as I can see it would be really illogical to try and change bitcoin to become a daily driver currency
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In my opinion, If only a small portion of your business is crypto then volatility affects you very little, and it would be good for you to learn the ropes and get stuff set up so you can grow with the userbase of crypto. If your product or service is something that crypto people like a lot you can get more revenue and sales.
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If you're asking this is a good time or not no one can tell you the truth..
I think you have to be honest and ask yourself. Why do you like it and want to invest in etc? If it is just because it's part of ethereum? That's not a good reason to invest. Is it because code is law and pow? Ltc is probably a better option. Is it because of development potential, smart contracts, dapps, etc? Cardano is probably a better option.
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If your accepting bitcoin, i think this is the benefit you will get.
1). Marketing By accepting BTC, your business expands the number of people that may want to use it.
2). Usability: Low Fees, No chargebacks
3). International/Large Purchases: This is much easier than wiring money which remains very cumbersome, slow and agonizing.
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Most of the current value of bitcoin is speculative. That is, some people think it will be valuable in the future, so they want to buy it now for when that time comes. Another value of bitcoin in my opinion is scarcity and demand. People want it because of the perceived value of it. The supply of bitcoin is limited: only 6.25 btc are added to circulation every 10 minutes (approximately).
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As the title say? Could it by possible?
I think the meme coin craze is going to die, and until now people will still speculate about meme coins and keep hoping that the projects they invest in will improve like DOGE has done, we already know this is an overvalued coin, so there's no possibility of that will persist in the long term, and given the supply of SHIBA INU, appears to be outside the expected price range. Meme or not, to be honest Idgaf. I've made almost 200% on shib the past 2 days. Get over the idea of what's legit or not. Make your money how ever you can. If people hold long term on a turd, take advantage of it and leave the bag holders. It's a dog eat dog world and the ones stuck in that Hodl mentality because they believe in the project, are the ones who get played. |
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They do not yet understand the Bitcoin proposition. They think that its "just a currency based on belief of value". They do not see the bigger picture. Simply put, they are talking out of their asses. Mansplaining.
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Bitcoin destroyed my life. I went all in at around $20k with pretty much my whole life savings and after that the crash happen and i sold all of my investment in Loss. I'm also not here for pity. I only blame myself. Just wanted to show a different kind of story to all of you.
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It's pretty green. Jan 2021 they reportedly generated ~95% of their electricity from renewable sources. So it would be pretty green as little of the electricity used for mining would be replaced by fossil fuels.
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I think it's because bitcoin is a relatively new concept that they have a difficult time wrapping their heads around. Plus the growth of bitcoin/crypto has been something that they have never really seen anywhere else in their lives/careers.
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One of the biggest risks for bitcoin right now is regulation. In recent weeks, China has clamped down on its cryptocurrency industry, shuttering energy-intensive crypto mining operations and ordering major banks and payment firms like Alipay not to do business with crypto companies.
Not all regulation is bad.. However if any government properly thought about it, imposed reasonable and understandable regulations, more people would be entering the market and gonna make crypto more bigger in the future and I dont think they will pose a treat to eliminate Crypto, just adopt it in a way that serves them in benefit. |
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One NFT project I find very interesting is sportsIcon. The aim is to create the world's leading platform for sports entertainment, knowledge transfer and digital collectibles. And bring fans closer to your favorite sports stars.
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Thats why i don't want to store my assets into exchange even tough most people call coinbase is the best exchange in the world it still very risky to store our aseets into it. I personally store my asset on MEW, i think MEW is the best platform for us to store our asset.
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You can check UBT. Unibright has amazing potential and is one of the few projects that has real value in terms of a useable product. in the next Q1 2022 they will release their staking and in the previous interview dev talking about the new exchange.
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Can't go wrong with BTC and ETH for starters. ETH and BTC are the safest crypto to start with. There are also really good alt coins but those are more risky. For short term, I would say SHIB (Shibu Inu) is gaining quite a popularity especially due to DOGE Coin. Safemoon also looks quite promising too. Papel can also be good buy currently as this cryptocurrency is majorly getting hyped because of "money heist".
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Solana is a layer 1 project with a very high transaction speed. Due to the over expensive nature of ETH Network fee, people are running to Sol network for DEFi, thereby sparking a boom of the Sol price.
Had my first experience using crypto with eth when gas prices were high, transactions took so long.. and then i Started using Solana after and it's been so easy to learn new things for me at this point for me it may still be an investment but it's also a part of my routine now. Yeah Eth is the big AF in this space but Solana just made things easy, cheaper and faster for my simple mind. |
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