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Ethereum would be using Sharding to solve its scalability, while dividing the network to shards to ease up node and quicken the transaction seems a good idea, we are still unknown about the risk it may bring. With division of network, the network would be more centralized and localized nodes can have a larger effect. But still it would depend on how well the developers implement it. I hope they'd go through extensive testing before making the network live.
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If you already are holding ETH, I'd recommend to hold it longer. ETH has many planned upgrades coming and most importantly the ETH 2.0 upgrade that would change the algo to POS and would probably introduce shrading which is said to ease the scalability issue and probably increase transaction speed. The POS implementation would also limit the number of new generated coins which would bring a decrease in issue of coins than current rate.
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There's been news of TikTok being banned on US and if that's true, the hype running on TikTok would be less effective as people from US won't be viewing and sharing them. TikTok videos are more viral than any platform as they are catchy. I've heard that the hype is mostly popular in the US and if they can't access the video, they'll soon forget about it.
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The world is divided by imaginary boundaries, ideologies, religion and race but in real there's no difference between any human. The needs and desires for all human are same. It's just our schooling, biasness and ego that makes us different. And if we want to be really free, we should be able to think freely. Free speech and crypto are the first step towards a free world.
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Freedom and Crypto are always on attach. There are a group of people who gets a cut of other's earning without doing anything. They benefit from oppressing the freedom. People claimed the death of crypto a dozen of times and plenty of country banned crypto and even criminalized trading and owing but it didn't stopped people from using crypto. There would be resistance to change but the change would happen, maybe not exactly the way we believe but it would.
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That is mostly intended to restrict users from burst posting. But it may not be suitable for all as some people are online for a short period of time while some have the habit of posting a large number of posts everyday. It would be suitable for users like me who are online 18+ hours and loves seeing other talk and participate only when need to.
There are choices in bounty in altcoin section so it would not make a huge difference.
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I'd call it a yes. More than 50% of my total transaction in 2020 took place on DEX. It do depend on the preference of each traders but DEX are not the most comfortable and cheaper ways to transact between tokens of same coin platform. Thanks to the rise of dapps, dex have rose in popularity. The only place where the DEX fails is inter chain transfer. If we could devise an easier way to make cross platform transaction on dex, they'll rule.
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I think the approach we should make is give priority for bounties in this order
1. Projects that pays in tradeable currencies and paid weekly.
2. Ditto but paid at the end of the campaign and the reward escrowed by third party.
3. Ditto but no escrow.
4. Projects that pays in tokens and the reward escrowed by third party.
5. Projects that pays in tokens and no escrow.
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It's centralized. But it's one of the best USD backed coin as the most popular one USDT has failed to justify the numbers of issued coins with the equal holding of USD. USDC on other hand has regular audit from independent third party which is a better.
I too looked into the decentralized stable coin like DAI and others which are escrowed by crypto, which is not what stable coins users want. And by USDT which I would like to omit. It leaves me with USDC and a few less known coins.
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Reading through all of it, what I realized is the SEC is warning people about the ponzis that are happening in the crypto world, basically about the hyip/high-risk dapps on Ethereum and similar platform that promises large rewards and works by paying money to old investors at the cost of new.
The SEC is not calling the crypto as scam. And they are totally correct about the ponzi dapps which may easily deceive naive investors.
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Massage chair are a real thing and they works. There are also other equipment like hand held massager and massaging bed.
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We do need faithfulness among blockchain community to create a positive vibe towards cryptocurrency. The community needs to unite for long term adoption of crypto. Blockchain itself is supposed to be a trustless in nature. i.e. they would work on their way and people don't need to trust any party as the transaction once broadcaster would not be reversible or influenced by any middlemen. We should further bring that spirit to bounty distribution using smart contracts to make everything more predictable.
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Since March 2020, assets managed by Grayscale Bitcoin Trust have increased from US $ 1.577 billion to US $ 3,451 billion. This increase signifies increasingly intense demand from institutional investors.
The number of Grayscale Bitcoin Trust assets that reached their highest point, when the price of a Bitcoin landslide was more than 50 percent of its peak price, is a positive sign. This means that financial institutions have high confidence in BTC's long-term trends.
Just because this Grayscale Bitcoin trust is buying more BTC and other cryptocurrencies,that doesn't mean that "institutional investors" are buying Bitcoin.You can't just come up with general conclusions about what the investors will do,based on the behavior of only one small investment trust fund. In the world of financial markets,where trillions of dollars are moving every day,a few billion dollars is a ridiculously low amount.We can't analyze or predict the behavior of Institutional investors based on such small sum. I'm reading some news,stating that many investors aren't happy with Grayscale.This company looks shady to me. It's not just Grayscale Bitcoin. There are many Trust, funds and hedge funds that are investing intensively on bitcoin. And the number of these funds are ever increasing. Panthera capital, a traditional hedge since 2003 is an example of traditional hedge funds into crypto. Many of the newer funds are also backed by many of the hedge funds like Sequoia Capital (since 1972) has invested on crypto hedge fund Polychain Capital. |
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If it had been any other project then we would be witnessing a huge price surge on the project but sadly it's TRON. Even a big event like this is not able to price above 200 lol. I like TRON is an OK project but I don't like Sun.
Yes, TRON would have been better without Justin Sun. I'd call Tron famous rather than infamous. It's the hot thing in dapps and smart contract platform. It's use is overtaking EOS and may challange the volume of Ethereum soon. Fast transaction and zeroish fees makes it a better utility token. There are many gaming dapps that are taking advantage of Tron blockchain and are a hit. I believe the next update would bring more interest on Tron. |
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With more numbers, we would have better options. As you already stated, Tether is the most used stable coin but it's been pointed out several times that Tether is issuing coin without having an equivalent escrow holding of USD. This makes it an unsecure option, yet people are using it. It's mostly because they can't find a better solution. For a truly stable coin, it should be backed by the thing it's pegged on. USD stablecoin escrowed with Ethereum don't make sense. What if ethereum go zero overnight?
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Yeah. The IEO listed in successful exchanges has received success. But the effort is generally mutual. i.e. a good exchanges would never host a bad project for IEO. One of the example is binance whose 100% ICO till date has a positive ROI. And it's not the exchange that's successful, most of the projects listed their have delivered on their promises and many have already established as a promising business.
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Turns out Justin was turned down by Oikos team when the team refuse to lower its price in doing IEO on poloniex which Sun own. And thats when he was butthurt. I think I've read it was suppose to have 10M tokens to be sold there but the team refused Justin so the spread about his hate in tweets. The chinese community despite Sun's fud supported the Oikos.
That's the reason TRON is suffering so much. That guy is a sore loser IMO that's why very few people in the crypto community trust that guy. If he is really bad-mouthing a project that on his company's chain just because they say no to him then he is too far gone lol. This could be the reason. There's no other reason for justin sun to twitt about a project he's not involved in. I don't think the OKIOS project has ever mentioned about Justin Sun being a part of it. If Justin Sun is destroying project's on their own platform just for not taking his advice, or giving money indirectly to him, this effort would destroy Justin Sun and the Tron platform in the long run. |
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Also look for documentation. The projects using the same text on website as whitepaper and announcement threads are 99% scams. And try to find if the text they cooked is plagiarized or not. Plagiarism is the first sign that the project owner are thief.
Another thing to watch over is tokenomics, specially how do they plan to reward their investors. Sometimes there's nothing to provide the coin with value while sometimes the promises are too good to be true, avoid both.
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I have not believed in lending coin since 2018. Even though Celsius is successful now, it will fall someday. We must know that no lending platform can keep operating forever.
Crypto lending are frowned upon in the past as they used to let users borrow and lend using crypto specially bitcoin but at current time almost all of crypto lending platform use USD for borrowing and lending while crypto just as escrow. Celsius for example do give interest on bitcoin deposit but they keep it flexible to adjust with price change. While providing larger and fixed interest on stablecoins. |
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I am not creating this post to engage in argument but to voice my opinion. To some some people, trading competition is a good strategy to increase the prices of coins, at first it may appeared so but in the end, trust me, it is the surest path to crash. Every single person in trading competition is there to make profit, no one is ready to lose, everyone is waiting to pull out at the slightest opportunity either to make profit or to stop loss. Now you know why the price of such coin will go down below normal. It might also interest those participating in trading competition to know that it might also be a way to dump on you. No one is saying you shouldn't take part in trading competition but be smart. Everything that appeared to have advantages have also got disadvantages. I asked if is a plus or minus, I guess you know the answer by now.
Trading competition are actually useful for only a small number of large traders or another small group that are focusing on the specific coins. They hold no significance to small to moderate traders and for exchanges, it's a good way of keeping whales on the exchange. Even for exchanges, large traders are much more preferred than smaller ones that generates more traffic but less fees. Even if you are a large trader, it would not be good to change your strategy just for the competition. |
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