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European Union has been pro-crypto because it was one of the first region in the world registering, regulating, taxing and encouraging crypto at all levels so i am sure this regulation will also help boost crypto.
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In my local area mist of the things and businesses are back to normal and open but as i was watching news earlier today there seems to be a second wave which is effecting a lot of countries again.
So seems like until an effective vaccine is here the problem will stay. Regarding post corona scenario definitely world will be encouraging digital currencies and digital business more and more and crypto market alongwith e-commerce has a really bright future.
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Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
At the moment i would just say that the prices are still in range once these price resistances break i expect parabolic moves from bitcoin and ethereum. Lets accumulate and market will be bullish for sure in coming months as it is long due. |
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If we talk about defis i think only established ones should be considered and you must get them from dips at better price whenever you can. To name a few i would say snx, aave and chainlink as a defi support project.
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The project could be really good but please tell me how many projects we really need in this same category where investors are lured in the name of staking and farming.
There are already dozens of projects in the same lines and seems like everyday we have a new one. I hope all ends well but this trend is definitely bloating like a bubble at the moment.
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I do not know what is the rush? I mean everyone seems to be in a hurry to launch their defi platforms without even testing and without any kind of security audits whatsoever which is now evident to cause loss of millions, the industry needs to show maturity and professionalism to thrive forward otherwise it can hurt itself.
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Do not worry about miners they will find alternative coins to mine or they can sell the miners and instead buy ethereum or other pos coins to stake and make decent annual returns.
I do not think that Eth era is going to end rather things are just heating up to and big bull run is due which is expected to be dominating and personally i will keep hodling my eth.
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SEC should deal with such things right at the start so that investors do not lose. Best scenario would be if SEC setups a vigilant team that keeps an eye on ICOs on a daily basis and as soon as they see a project against the rules or below the mark or fake they should take action and stop the project immediately. This should be the way of action for SEC and not killing the projects and investors later when eerything is ready.
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Greed can takeover even on the minds of the sanest people. I am glad that he has accepted his mistake.
I do not know the details but if he has returned the funds for project development that is incredible and i am sure investors will be happy about it.
This was really a terrible act and thousands of investors would have panic sold in that situation with big loss, I wonder how such people will be comoensated if things are back to normal now?
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Due to scalability issues like high transaction fee the defi trend has slowed down a bit but it is good to know that now tron based projects are coming up and the other day i was also reading about cosmos based defi project which looks really good, with all these developments I am sure the trend will pick up again.
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Hello everyone!
At this moment, i think Defi is a hot word. Do you think this is beginning a new trend or will be end soon?.
I am a trader, but i have earn a lot of money from Defi coin by ICO, i do not think Defi trend can go long time.
I think that defi is a practical concept and it is here to stay. The best you can do i to research each project before invedting and pick only top quality, transparent projects. Because there will be many money grabbing projects launched to scam people in desguise of defi so be careful. |
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Nice idea, concept and solutions especially for people interested in mining and making a steady income online via the crypto coins or crypto market as a whole.
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Would such a thing be possible? I know a lot of exchanges have holdings in each other's wallets. For example, Bittrex could have a store of LINK on Kucoin.
Wouldn't it make sense for centralized exchanges to utilize staking pools to increase their liquidity?
I'm a novice at understanding these technologies so I might be off here in terms of the viability of such a transaction.
I think many big wallets are already doing this and there is high probability that most of these wallets are backed by exchanges. So looks like exchanges, wallet services and different crypto funds are making the most out of this situation. |
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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!!!!
Bitcoin is decentralized and is based on advanced technology while gold is old, most is held by big countries and used for politics. So i see no competition or comparison at all. |
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It is not about any specific blockchain network but due to massive defi trend we will see many news like this on each major network like eth and tron as well. But it is part of the game, we have to pick the right ones and remember that because this market is unregulated we will see scams and exit scams. |
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Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues. Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.  I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away. |
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It has been a few years since atlant has ended its ico and i have seen this one is still lack of progress compared with another platform but as far as i know uvas is a mobile exchange site platform.
There was a small chance for the new coins that will be issued by atlant developer will be getting a very big recovery like CHSB.
Im not saying that was an impossible thing but consider it was only getting traded on crap exchange sites and the chance is very low. The question was why does the team need to create 2 tokens while it can be a single currency that has multi utility usage?
This is one of the biggest reasons for ATL to be undervalued but also staying under the radar. So the team really needs to be proactive and ATL do need high liquidity exchanges, even 1 or 2 would be enough. If they deal with exchange listing and licensing issue then we can definitely expect huge potential for future. |
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https://coinmarketcap.com/currencies/swipe/SXP VISIONSwipe's SXP is the protocols native digital currency and used for throughout the Swipe ecosystem of products to operate and secure the network. Users may use SXP to stake by bonding SXP on the Ethereum blockchain to secure the payment network, use it towards Swipe Visa Card lock-ups for higher tier cards, redeem it for discounts on the platform, convert it to fiat and use on the Swipe Visa Card, and stake SXP to run a commercial node for Swipe Issuing. SXP utilized on-chain will enable the Swipe Network which collects the processing fees of the protocol. 80% of these protocol fees that are generated within the Swipe Network smart-contracts will be burned and 20% will remain in the oracle contract. Binance Card to soon expand to US as Swipe taps new partnershipWho thinks what, as for me, an excellent project is much better than all sorts of Sushi and other scam! I like swipe as a project especially because it definitely bridges the fiat and crypto gap with the power of crypto cards and also deposits and withdrawals to and from banks. The only bad thing i see is that their card is not truly global and is only available to some regions at the moment but with the backing of binance and big ecosystem it would have been better if they came up with truly global cards. |
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I do also check for the team owner or admins response in telegram or other social media platforms. If the response is positive multiple times it is a plus for me but if i get rude, arrogant or negative response it gives me bad vibes and i skip the project because such people will not care about their community and investors.
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I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..
I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create something that somebody can actually use.
Polkadot has emerged as a project that is solid and basically aims to become a bridge among ethereum and other blockchains while maintaining its own unique identity so i do not think there is anything like ethereum killer here. |
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