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Well as you can see now that as of my writing, Bitcoin has risen and LEDU EOS and Vechain with it. The market is interesting isn't it?
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Basically, there is no pin point time frame for this, Alts like LEDU, Vechain, XLM, whatever project would have to have a huge influx of funds before they're independent on it's own.
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Bitter truth is that most of these altcoins are being traded down by exchanges in which they're listed on, bitforex comes to mind..For there to be a true altseason of any coin..some of these exchanges needs to be shut down.
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Truth be told, 500k per 1 bitcoin is way expensive to be realistic, Who would buy at that price? You should ask yourself that. Secondly, I think Bitcoin will be adopted but regulated by many governments, even though I'm seeing other countries having their own digital currency. Institutional crypto fundings aren't going to BTC or ETH, its going to projects with unique usecases and ideology. Something like Ledu for education, these are little hotbeds to learn key blockchain innovations.
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I think ETH will regain its past glory, but that can be achieved if they devs can create another driving power, ICOs aren't hot now, and IEOs and alternative coins solving the same problem affects it. other a non related note, alts based on EThereum network like LEDU are currently waiting on its price to move, in my opinion, i think they should move away from its ecosystem and stand alone.
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LEdU--Which other way to save the falling crypto market and ensure that the market lives on by education people.
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I think, you're missing LEDU, check properly.
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Alts won't die off, projects are having media updates and what remains is wide adoption of these projects. Some are seeing many partnerships like ledu, enjin. However, as long as these updates keep coming, Alts keep surviving.
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If BTC is high, and alts like Ledu, eth, litecoin, vechain are low or affordable as u pointed out, then you're missing the whole point of cryptocurrency.
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Alts movement are really good ways of determining the market but they aren't and shouldn't be a general criteria for making decisions.
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We can see that Bakkt doesn't have any effect on the general market, even Alts. Generally, new money will only pump in when their is some sort of security regarding crypto. I think this will come from educational projects in blockchain, because they seem to have 99% direct similarities with centralized entities, example is Ledu. This similarity will make it easy for them to have an onboard newbies into crypto.
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Generally, every crypto project needs FOMO in this red market, not only btc. Only a new project or big positive Government news can rally btc price up. Thereby causing other projects like ETH, Vechain, LEDU to move up in price too. Just giving my two cent.
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I believe if bitforex CEO will offer nothing and the possible thing to be offered is the IEO that runs on its own exchange site or feature that already available on exchange site. To speak at the blockchain live event in russia doesn't mean the CEO will mention what will be offered by bitforex. Usually, the CEO will speak about the potential of the blockchain industry.
For your second answer and the commission of the blockchain life event is the only party who knows the reason behind that.
Yeah, he might speak about it as you said, but however isn't this hypocrisy?. All I'm saying is that if we stop patronizing these guys, by events, or any other means, it will help save the whole blockchain industry from criticism. |
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The chief aim of cryptocurrencies is decentralization, I don't even think Libra is a cryptocurrency.
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No, many people are now cautious going to alts, basically because of low project news coming from these alts. However, some projects are seeing a trickling form of adoption and purchase, eg is LEDu and Vechain, Stellar is also making big waves.
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Have you tried checking LEDU? Its not much by market cap but its atleast worth saying the team are constantly working on the project.
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There are many new alts currently in the market, not every of them is a scam though. You've got to make your research to ensure you're buying a project which has a useful base already. Projects vechain, ledu, eos, you can buy these coins in the dip, but make sure you do your research first.
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You just have to act like a pro, stay calm, watch the market and buy in dip for cryptos that has established usecase, an example is LEDU
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You missed to add to LEDU, it's best to buy it in the dip now, its one of the best Education based tokens in the market with real use case.
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