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1381
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Alternate cryptocurrencies / Altcoin Discussion / Re: Defi Staking Stablecoins?
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on: October 11, 2021, 07:08:17 PM
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To be honest, I haven't seen any DeFi platform with an APY of 20%. The highest I have seen is 17% and I doubt if that platform can sustain such a relatively huge rate(may be a potential rugpull). So please always do your research before putting in your money
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1382
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum and additional gas fees
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on: October 11, 2021, 07:05:19 PM
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These days I try as much as possible to avoid the Ethereum network. Ethereum is a wonderful blockchain, what with it being a DeFi torch bearer, but its just too unwieldy to transact. With insane transaction fees, I can't touch Uniswap or Sushiswap with a long pole. Between has to fix this platform, or sale the competition would eat it alive
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1385
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over?
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on: October 10, 2021, 11:56:42 AM
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I don't think so. Remember crypto was there and burgeoning before Elon Musk came into the scene, and would definitely still be around when he's long gone or no more interested in crypto.
Remember the spree days of late 2017. Bitcoin and Ethereum got to some All Time Highs. There was no Elon Musk tweets. In fact there was almost no mainstream recognition of crypto. So yes, crypto is bigger than Musk or any billionaire
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1389
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Alternate cryptocurrencies / Altcoin Discussion / Re: BabyShibaInu about to go bananas
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on: October 09, 2021, 08:52:05 PM
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For some reasons, I don't like meme coins. They are as ephemeral as they come and without a tangible use case, may be constrained to the doldrums. If by chance I'm gonna jump into the meme coin train, I would dump it as soon as I can. Definitely bad for long termers and hodlers
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1390
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a new blockchain that will compete with Ethereum?
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on: October 09, 2021, 08:47:59 PM
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There are at least 3 blockchains I can name, top of my head, that can compete toe to toe with Ethereum. The first is Solana. With a faster transaction speed and lower fees, its a no-no-brainer why its top there. The next is BSC. It has a slightly more costly transaction fee but more validators. Next is Polkadot. This is quite a competitive lots. There are others on their way too, but these 3 are my top
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1396
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Alternate cryptocurrencies / Altcoin Discussion / Re: Don't miss this opportunity to buy and hold BNB
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on: October 07, 2021, 11:28:11 AM
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I would still buy BNB even til tomorrow but I thing CZ has to get some things right with the Binance conglomerate. Recently it has been getting a lot of backlash from different countries about regulations and jurisdictions. These problems are hampering the project and if he get it right then he's in the clear. I hear he recently recruited a top honcho from which is great
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1397
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Alternate cryptocurrencies / Altcoin Discussion / Re: How you choose projects for investment
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on: October 07, 2021, 11:25:05 AM
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These are all valid points you made. But however, having a project with its own Blockchain is not a deal-breaker for me. Why? Because you have some coins with their own blockchains like Vectorium, which is just plain shitcoin with no value while you have tokens like Uniswap on Ethereum blockchain, which has much more values placed on its token.
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1398
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Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history]
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on: October 07, 2021, 11:21:20 AM
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Something tells me this list is gonna be more populated before the year runs out. The truth is, the way DeFi is run, it is always easy draining funds from it and nobody can stop those malicious actors. The only way it can be curbed is by regulations, and regulations alone. And crypto as a whole is long overdue for that
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1399
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Alternate cryptocurrencies / Altcoin Discussion / Re: Two Top New Projects That I Think Will Have Potential
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on: October 07, 2021, 10:11:17 AM
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I would say Axie Infinity and Solana. For the former, the age of GameFi and Play to Earn is really ripe and institutional top dollar is already pouring into the niche, now that NFTs has gotten the attention of the cryptoverse and mainstream public, especially celebrities. About the latter, its a no-brainer how Solana is matching the DeFi old heads like Ethereum and BSC
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