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I can't really say why it seems litecoin has been relegated or marginalised, but I know the value hasn't been pumped for a long while. I guess it's because they lack high value investors or because the project development hasn't been consistent or perhaps the community are not carried along on the development made by the team. I really do hope that the coin gets some pumping to give it more recognition and get the community excited.
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People need to wise up, there is no certainty that the price would go up and again we are about entering into September, the month has history of Bitcoin performing badly and if I were you, I would scale into my position gradually and not once to see how Bitcoin performs
In this space, history does not always repeat itself. There's a history of Bitcoin increasing rapidly around the end of the year - November & December, but guess what? Last year was different, there was no substantial upward movement. I believe this year would be better as the market seems bullish. Its best to flow with the tide and let history take it course. |
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Until now, if I don't have the answer, what really happened to YFI, why did it beat the price of the king of crypto (BITCOIN), is their token more useful than bitcoin or is this just hype  In the history that I know, only this time the coin price can reach $28k  The major reason why the token can pump that much is because the total supply is small. If you check the market capitalisation you'll find out that the token is no where compared to Bitcoin. YFI has a total supply of 30,000 units which is far lesser than any token I know. If bitcoin was only 30,000 in supply, it would be worth over a million dollars by now. Don't get carried away by the pump. There are only few people holding a substantial portion of the tokens and when they dump, so many persons would get burnt. |
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Exchange tokens derive their value from the use case placed on the tokens. Bnb is one of the most valuable exchange token because the exchange has created several use case and platform for the tokens. Bnb is listed across several exchanges and that has given it an aura of superiority among other exchange tokens. Before investing in an exchange token its best to consider the standard as well as the popularity of the exchange before making any commitment.
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It beats my imagination how people could be so gullible to such an obvious scam. Atimes, I feel there may be some sort of voodoo working against their reasoning ability. There are several platforms where bitcoin can be traded and one chooses to trade on twitter where we all know is a hub for Scammers. I only wish that people would learn to be wiser from the news they hear and not repeating the Same mistakes made by others.
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We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.
Stop imagination and prevent yourself from Looking about "When 2017" will happen again or when Bitcoin will Kick to $20,000 again. Those are scenario that will make you fool in investing here in crypto not unless you are a long time Holder that only waiting for a Bullrun to sell your coins? But if you are not a Holder then stop your hallucinations and Get to life,Instead of waiting for another Hype start buying now and sell for at least 10-20 % profit each time,that is enough to make a living even if it took your 3-5 days to achieve . This is actually a very good strategy for one to make the best out of the market. But it feels really painful after selling for 20% profit, only to watch the tokens value increase to 200% profit. We all love the biggest profit and it is refreshing to feel one is making heads way in the cryptocurrency market. I really do wish that the bull run continues. |
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The truth is that most people invest in cryptocurrency, simply because they want to make profit and not because of what the project has to offer. I must commend you for the heads up and making a list of some Defi tokens that have so much more to offer than just increase in value. I really do believe that if everyone is more concerned about the use case of a project, then we would have many more projects with outstanding use case which would help in the realisation of the goals of the industry.
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It's laughable to hear that Bitcoin is the next bitcoin when it's an obvious fact that the total supply of Ripple is in its trillions. The would take so much more effort to have the value of Ripple get to $10 unless they are willing to burn some tokens to reduce the supply. Ripples is also much more centralised and does not meet the conditions to be called a cryptocurrency because it wasn't formed with cryptography.
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It's actually quite surprising that an exchange can be arrested for fake volumes when it's a practice that almost every exchange is guilty of and that has made it more like a norm in the cryptocurrency space. I feel this move is good as it would help to make exchange cautious of their activities and understand that fake volume is an offence.
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The rate at which we're seeing new Defi tokens is alarming. I never knew about Defi until lately when it started trending. I had some Defi tokens unknown to me and it was when the acronym ' Defi' became popular that I knew I had some Defi tokens in my wallet. I know its possible for some projects to include Defi features to their projects, and I personally don't see anything harmful with it.
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It would take a great deal of effort for a new project to overtake ethereum. Certainly, It won't be instantly and the project needs to have something that would be of much benefit to the cryptocurrency industry, Inorder to gather the support of a large community of users who would need the coin for enjoying the benefits. I very much believe that a new project can become anything, if they're willing to pay the price.
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People would find their way to the cryptocurrency industry one way or another, and they'll have to make some mistakes while Striving to learn more in the cryptocurrency space, these mistakes are both helpful and needful to reduce the loss that would be suffered eventually in the future. The more experiences we have, the more likely we're to succeed in the market.
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We all know that we can get free bucks on these "bounties" since a long time ago. But today, is it still worth it hence there are so many cryptocurrencies like millions of them I i'm correct.
I wonder for you guys who always participate in bounties, I really want to know your portfolio's.
Pls no shitpost here for your signature campaign thing so people know your real opinion.
Despite the fact that bounties are not as lucrative as they were, we still have to manage what we earn. The major set back is working for so long and not getting anything from the project, or getting worthless tokens which cannot be exchanged for fiat eventually. I feel really bad when people look down on bounty hunters because I'm aware that hunters are contributing their own quarter in the realization of a decentralized financial system. |
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Several issues could cause a token to reduce in value, not all price drop can be traced to bounty hunters. In fact, this case was a clear indication, because the bounty was still ongoing and they're yet to distribute the bounty reward. I just wish that people should stop connecting price reduction to the impact of bounty hunters, if the projects were so determined to prevent their tokens from dropping, they should pay bounty hunters with something else.
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We all have our regrets when it comes to taking advantage of an opportunity or loosing out in this space. My greatest regret in this space was selling out too early in an airdrop whose value rose much more higher. I participated in an airdrop whose project name is Hydro, after selling out my tokens for less than 50$, the value of the tokens rose to above 4,000$, in less than a month. I felt really bad because I could have waited, just a little.
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There's no doubt that dogecoin is a popular cryptocurrency and has been around for a while now. I consider dogecoin a good source of investment because I have a vehement conviction that dogecoin would be around for while and as such worth long term hold. The value has been quite low for a long time now, but that there's no hope for substantial growth in the near future.
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Bounty would remarkably experience a boost, if the moderators of the forum, establish some regulations in bounty campaign to help the hunters earn from bounties. I know some projects have a history of not fulfilling their obligations as it relates to payments for bounty conducted and these projects still go about their goals without any sanctions.
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as of today, Polkadot entered top ten list of coins, pushing BNB out from the top ten, and BSV on the position ten
Polkadot is smart contract platform, and could be serious contender to Ethereum and other platforms, with Cardano just a few percents away on position eight
what do you think about it?
I know dot tokens have been experiencing a massive increase in liquidity lately. I noticed they're the top gainers in some exchange today. I really don't have information about the project, but it's surely taking the cryptocurrency space by storm. I hope that the project does not rest on her mission to become a contender with ethereum. |
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If this possible to speed up one transaction using other wallet with metamask etc ?
I know its possible to speed up transactions by using a higher gas. This is done by sending identical transactions, both in eth and receiver, but this time with a higher gas. It could be done in almost any personal wallet like Imtoken or metamask. I have tried it severally on Imtoken wallet and it assisted me in making the transaction complete faster. The previous transaction is dropped and replaced with a new transaction with higher gas. |
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