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In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
What is this question even about? Crypto has always been high risk high reward investment. Moreover, crypto originally implies no support from anyone, but the user themself. There is no guarantee that something will bring you profit and will never be, that's not how things work. |
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Lately I've seen too many posts in this section talking about an Ethereum killer ( Avalanche, Polkadot, Chainlink etc)and I will like to drop some points about this.
There is one thing I like about the whole crypto idea, the power have been given to the public, people are the ones to still decide where to invest their money, the most popular smart contract project is Ethereum and it's the founding father of smart contract too, if another project is going to kill Ethereum all developers that like using ERC20 smart contract will stop supporting Ethereum and even almost all eth lovers will stop buying ETH and move their funds into the new project, well to me it's never going to happen.
Ethereum supporters are over millions in numbers and people who wants Ethereum to get killed are just few in numbers, NEO,Stellar, EOS are old smart contract projects too but never wished Ethereum dead, they co-exists with Ethereum instead, till this day they can't beat Ethereum, the power of Ethereum is from the community and people's support, Long Life to Ethereum
You can't stop them wishing for ETH to be dead, even though its practically impossible at this point for it to die. I guess we as a community can popularize knowledge about Ethereum and how it is vital for whole crypto market. People don't understand that if Bitcoin/ETH/XRP will die - whole crypto market will lose a big chunk of users completely which is absolutely terrible. |
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The US Dollar is a currency with global liquidity, and almost all national currencies must be converted to US dollars to purchase products from within the country. The dollar is the mediating currency around the world for most transactions, where US companies are where the strength of the dollar exists.
China is creating a cryptocurrency to eliminate the mediation of US dollars. This currency will transact in China, they will scale up payments globally.
I don't think China's monetary revolution will be successful because Huawei out of the 100 largest companies in the world has only 96. Hundreds of US companies have greater influence and much higher liquidity with the influence of a company from China.
I don't see how it is going to be possible - if it would people would use yuan already instead of usd. So one centralized currency (even digital one) won't replace usd as another centralized currency. That's why bitcoin and other cryptos find their users - it is decentralized, so not tied to any country's economy |
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You can look at it as payment for people who spent their funds on uniswap fees. If you made a lot of transactions last year you maybe saved even more than $1200 on fees. I have a peculiar question about this 400UNI giveaway - what if one person was using several wallets and made some transactions on uniswap with each one of them, will this person receive 400UNI per each wallet? If so - that is ridiculous |
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Its not first time something like this happens, nor the last time. I guess its a thing to speculate about, but not talk. |
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I support KYC for legitimacy check especially to claim bounty rewards or required by such exchanges but it's also bit a risky hence that's your identity that could also can be used by other people online if they have access to your submitted documents just like what happened to Binance kyc leaks incident. In order not to fall from this KYC process, it is best to filter airdrop and bounty campaigns that doesn't requires identity checks.
I do not support KYC, but its a thing that has its purpose and has a chance to live in the crypto market and crypto industry. I wouldn't ever send fake ID because its a) illegal b) breaks the point of using the service and crypto in the first place. We are not community of frauds/scammers/people striving to break the law, we want to use new technologies and we need the game to have adequate rules. |
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There's still money even in wars and pandemics and other darkest days of humanity. As a matter of fact, Jeff Bezos recovered his pre-divorce worth and even topped that to reach an all-time high in the middle of the pandemic.
These types of businesses are not those which would bow down to the circumstances brought forth by the pandemic. On the contrary, they have the edge over others. COVID-19 most probably brought more people online and more online hours from the majority.
The number of people online definitely increased which spells profits for these companies, I do think that there is nothing wrong with that, despite the high cases of virus in the US, the thing that makes these company afloat is they have customers around the world, which means that they do not have a shortage of customers unless people from around the world decided to go offline. So those tech companies are in really risky position then. If pandemics would end like in one moment/one month - this could kill their income, worsen the Q report and this could lead to huge tech stocks fall |
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I send rays of good for etherium, now due to DeFi, ETH should have another rise, I hope 2.0 will be this year.
Me too honestly, and most of eth users hope the same. But I still think that even if it will be officially out this year, there almost no chance for it to start working properly this year |
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So as you know landlords have been banned from evicting tenants.My question to you is when will the us government lift the ban
Is this happening to the whole US?or in some states only because until now there are still too many Homeless in the US specially in california. But lifting?no one knows about that and only US president can lift that. I'm not sure about whether its going to happen with whole US or not. A lot of states face the issue with homeless people so the idea sounds unbelievable. |
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Maybe in your place there is already a flattening curv of covid 19 and that is good but ib my country it was opposite because of a new normal that implemented by the government it was like going back to normal,a lot of people outside and the transportation are now resumed and many business establishment are now open. For that new normal, the covid positive here in our country rapidly increased. I don't know when the flattening of the curve in our country. Our lives are getting worst as the day goes by.
It is pretty much the same everywhere, because most countries share and implement each others covid decisions. I think it was vital decision for economy, but pretty scary for people overall |
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Staking is a type of investing. Staking is the process of buying and holding coins with the goal of receiving interest. It is done using a designated wallet on a network that uses the Proof of Stake consensus algorithm or some modification of it.
This is close to the truth. In addition I'd say - proper investing leads to accumulation of surplus funds which can be easily staked which will lead to rise of the capital of an investor |
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They already raised funds but still extending their bounty? it seems shady. Well bounty extension sometimes are necessary for their part to spread awareness however its not good for hunters side because they are hoping to get their rewards soon but if the campaign keep on extending hunters cant leave or else they will lose their stakes. If you can bear the rules of the project then continue to do your part however if you see an indication that it will turn to another scam then its time to move on and quit.
they will lose hunters with stakes and they will lose attention + trust among old users If they want to keep on working in this crypto market they have to avoid looking like a scam project at all costs |
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In my opinion in this year I think the market will getting strong even the world is on pandemic. If this pandemic is over for sure the altcoins will rising, chances that the market will bullish.
The pandemic will not be able to end this year, the situation is still too bad and I think we will have to wait the next 1-2 years for this problem to be prevented. However, the market is still growing and not too affected, this year the top altcoins will increase in price with bitcoin. In fact the crypto market and stock market overall are heavily affected, its just crypto fell for a month and then climbed up (for a reason). Stock market fell a lot so people were shocked, sold their investments and invested in crypto instead (here is the reason) I don't know honestly what to expect from this year and this world anymore, our predictions are so random |
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This is actually one of the reasons I prefer ChipMixer to CoinJoins. The latter are too obvious on-chain, at least when using popular methods like Wasabi Wallet. Not sure I follow your logic here? Although it is impossible to link coins which have come from ChipMixer with coins which have been sent to ChipMixer, it is trivial to identify coins as having come from ChipMixer, given their very characteristic chip creation transactions. If an exchange wanted to ban all deposits from ChipMixer, they could do easily. That's not quite as trivial as you make it sound, and could be disastrous for fungibility. There are very few CoinJoins on the network, so in my opinion they are low hanging fruit. I also think participating in Wasabi CoinJoins is more likely to mean directly transacting with DNM outputs, which may have some relevance in cases like these. Paxful is another example. Too many services have been freezing accounts for CoinJoin activity over the past year to say the distinction is trivial. This whole thing made me thinking there are two different directions for crypto industry to develop into: 1 - close to original way, decentralized, anonymous, less controllable and etc. 2 - close to current banking way, more centralized, less anonymous, more controllable and etc. I think we as active participants of this crypto world should always be aware which service do we use - if you are pro-1way user you should choose accordant service, same thing applies to pro-2way users |
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It is very doubtful that this could happen. Yes, one of the scenarios for overcoming the crisis is to stimulate the economy through loans, but I don’t think that they will be distributed to everyone, yet it will not be very smart. And the government must understand this.
I guess as it always happens - people will follow the combination of multiple solutions due to disunity of actions this could potentially prolongate the affect of covid and quarantine |
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I think, Bitcoin is similar to WATER. In the Nature, there is water in the clouds, not gold  Any opinions?  gold and bitcoin have more common to share: they both are actually mined, that's why people evaluate them as we do now, both of them has almost no real life usage whatsoever (gold = luxury, bitcoin = profits, holdings, somehow transactions) These are just from top of my mind, but Im pretty sure there are both in common between gold and bitcoin rather that bitcoin and water |
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Of course knowing the update of the coin is very important for holders of long-term investments. I experience the same thing when I don't swap coins that I hold. and finally the coins I could not use. Following the project update is strongly recommended for holders.
I wish I knew this info like a year ago when I lost my funds almost the same way as op described it. there should be a list of these recommendations or something |
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Ethereum does not have any brighter future than bitcoin. Bitcoin moves down, ethereum goes with it, that is how the market is been. ethereum is a fantastic smart contract platform but BTC will remain the leader.
it will remain the leader as long as eth has nothing conceptual and unique to offer the world. when the pos era comes in we'll meet eth on the all time highs (in terms of market capitalization of course) meanwhile bitcoin has no updates and 11 year old technologies can't be called useful you should understand that |
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right now we are very close to the price of $ 7k, so I think the main point is that 99% has been achieved. at this time, we will be on a new target. well, the potential for bitcoin to creep up in a state of crisis seems to be very good. I can't think of what happens when things have normalized. it is possible for a higher price from this speculation to be achieved.
If things with virus will get better then halving should make a possitive effect on bitcoin's price and we could meet it close to $10k in a month or so imo |
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a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.
Totally agreed on this. You also can short altcoins since the situation is not disastrous and you can predict when there will be a little pump. But mainly you want to hodl on or reconsider investments in general |
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