For me the top projects that will fly big time in next 6 to 12 months are: Bitcoin Ethereum Litcoin Cardano Neo Waves Stellar Icon Ripple Tron There are more but ad the thread starter has limited the projects to 10 so i will follow the rule and post my top 10 projects only.
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While I acknowledge that anything is possible, specifcally in the world of cryptocurrency. TRX reaching, or surpassing $5.00 in value has been on my thoughts recently...
I have read predictions from most Trx adopters saying by December 2020, trx could be $5.00 in value. How they arrived at that, I do not know.
Can Forum users have a say on this?
We are already past the first week of november now and your target price by the end of december this year for trx is $5 so i will just call it day dreaming because the price is around $0.02 per trx only at the moment and in my opinion a run to 0.10 to 0.20 by december end would be realistic and huge with more growth potential next year.
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“All eyes may be on Bitcoin and the surge past the $15,000 level. However, the recent development update related to Ethereum may result in some capital rotating back into Ethereum and its broader ecosystem. This isn't to say that Bitcoin will be actively sold, but the trend in locking Bitcoin on the Ethereum network may accelerate and be put to work across oversold DeFi and DEX tokens such as Uniswap.” https://cointelegraph.com/news/bitcoin-price-nears-16k-but-it-s-ethereum-that-may-shine-in-novemberwhat do you think ? is this the time for ethereum to grow and touch $1k before this year end ? It is highly possible and other than that i have a strong feeling that btc and eth will grow almost together this time around and market will be surging with volume and market cap will explode. We can expect new all time highs for btc and eth most probably if the market cap breaks 1 trillion mark by the end of the year.
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Will this be the beginning of a revival for cryptocurrencies because there are so many projects and project developments using blockchain technology
Yes, I am hopefull that from now on market will do well, overall if we see there is high activity now whether you see the number of good new projects or developers working on maintaining or upgrading the existing projects there seem to be real work going on amd market will definitely see its positive impact in coming months.
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
Ever since i came to know about cryptocurrencies i was really skeptical because i never believed something like that existed so i have kind of wasted 3-4 years in confusion and now i am biggest fan of quality coins especially coins like btc and eth are at the top of my list and i hope to attain financial freedom in coming months or years through these coins.
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What if, for example - like after that twitter hack - the President wakes up (in a bad mood) and decides with an executive order to make all crypto illegal in the USA?
Of course this probably will never happen in today's world, as the there is big money is invested into crypto currencies; but do you ever think that it is even remotely possible...
Or the next elected president is so "old school" and decides that crypto needs to go?
I don't mean only America, what about in your country; do think that a future ban on crypto currencies is ever possible in your country?
Why would one have such fear when tou know that crypto does not work like that? Crypto is decentralized, borderless and banless tech which cannot be controlled by any government because it is like an open financial system with no third party control. I even know many countries where crypto is officially banned at the moment but people are still buying, selling and holding crypto everyday so it literally does not matter.
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when patience is being tested, what are you doing in this market, is your routine still the same as usual or change other options? selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
I am more of a longterm holder and i do not worry much about dips and corrections because i am quite sure that once longterm bulls will be here the market will grow unstoppably and the price of top coins will grow massively everyday, it is just that i will wait for such market and will take partial profit when the market will have gained to my liking and there i will take partial profits because i have been holding for very long so taking some profit is also due.
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NFT is a trend withim a trend so i do not think it will be as big or as hyped as the main defi trend plus we need to understamd that NFTs are not something everyone is familiar with and it will take time for the market to absorb NFTs so maybe we will see there real boom in mext 2 years and not right now.
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I do not think that we can blame much to the investor or the liquidity provider in this scenario because he was sure of the safety because he was doing everything in a decentralized manner via smart contracts but we all know we have greed and scammy people everywhere so this scam happened but the guy must be feeling comfortable while depositing due to the defi claim. I hope the scammers will be caught and the depositor will get his money back.
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Well he is right and the situation in US regarding crypto is not only confusing but annoying to be honest. So apparently it is high time that US authorities come up with clear and preferably pro crypto policies in the US especially if they do not want to stay behind in the field of blockchain tech and cryptocurrencies.
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For now there are only a handful of well established defi platforms where one can do yield farming with confidence because they have proven themselves overtime and also their reputation is credible in the market. So we should stick to such platforms and only and bever fall for higher returns higher risks because in the end greed will result in loss than profit.
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With the current scenario and other top countries lagging behind in this field one can asdume that all the other powerful countries have given China the go ahead with their digital currency and after its success and benefits all other countries that are skeptical about it now will also follow with their own digital currency amd i think China will be at massive advantage due to being the first mover.
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All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now: source: @ceterispar1bus Some projects have already reached -90%, yeald farming is no longer so profitable. All large projects have fallen in price, not to mention any little-known tokens with low liquidity. Is the market entering a new phase? What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever? With the eth transaction and gas fee going down considerably from what it was in august and september this year we can easily assume that the defi craze is settling now and i will be hapoy with a stable and more mature defi environmemt with real and serious busimess models flourishing.
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Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website ' https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118% within 24 hours of listing and have a volume of 5 millions usd on Uniswap. My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS. the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return. i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap. BE CAREFUL.... . The fake or low quality projects are an old thing now, the worst thing i have seen is the trend of the meme and nft based projects, I mean if you have something valuable or worthwhile to sell that is great but i have seen people selling senseless pictures amd even selfies as nfts and collectibles, this trend should stop atleast untill there is a serious purpose added to it at the moment it is a joke.
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I am really happy with how uniswap has performed over the period of last few months and it is now clearly evident that market is adopting this new trading model and rejecting the old methods of trading. Personally i was sick and tired of the gaps or spreads in the traditional trading platforms but instant swaps just give you peace of mind. Also yield farming or liquidity mining is great for longterm holders becausethey can easily make decent income while holding their favorite assets.
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There are still many things that the masses do not understand and follow about using cryptocurrencies. I have seen people avoiding crypto due to the complex system of private keys, no password recovery and non reversal of transactions in case of mistake, these things discourage people but this is how this technology works.
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The deposits in the liquidity mining section of uniswap are constantly growing but uniswap needs to come up with a solution for high transaction costs. Also they need to make things easy for the common man with even simpler platform and easy explanantion. I hope V3 of uniswap will also bring more products to the market.
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Airdrops are basically for building community and support across all social media channels so if the airdrop will be decent expect large number of people to participate. As for as value is concerned stable coin with 1USD value is ideal what you can do to raise initial funding is to offer around 20% discount or bonus to investors. If your project is defi based then keep small soft and hard cap targets because this is not only the trend now but defi projects are represented by a simple website and small initial liquidity so keeping high targets is not required. Bounty campaign should be comprehensive, big budget and duration should be 4 to 6 weeks to nicely spread the word about your project across the crypto community.
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Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.
1. Why are almost all bounties released today DeFi projects? 2. Most of these projects have no information about team ( They are complete anonymous) 3. Majority of them are rushed, you can judge merely looking at website domain and designs 4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
The most crazy thing is that most projects and camoaigns lack even basic information like detailed roadmap, whitepaper and team details. As a promoter myself i know that there are risks involved with each project and campaign but atleast we should select the better projects to promote in my ooinion.
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