Well, you guys don't invest in tokens, you invest in projects and people behind those tokens. From technical perspective TRC20 is almost the same as ERC20, there is a little or no difference between them. And any project who issued ERC20 token can issue TRC20 token. USDT and WBTC are present in both chains for example. Of course some projects won't do that for some reason, like being Ethereum maximalists or just not having time for that. But with our TofuDefi we are going to bring all ERC20 tokens to TRON eventually  |
|
|
|
hi where can we find progress on the Tofu Defi project? I saw on discord there wasn't much that I could get information there, only telegrams were actively reporting the latest information, unlike most other projects that were complete to announce developments in social media, why didn't Tofu Defi make it? Generally social media will help people to find any news about a project and more specifically Tofu
Hi! Thank you for your reply and suggestions! We are working on TofuSwap now and expect to launch it in a week or so. Right now we are more focused on development rather than on promotion and social media. We have Discord and Telegram channels and any significant information will be posted there, in this thread and on the website. We know that promotion is important, but we believe that without real product it's useless. a pretty good strategy thinking of the product beforehand if the promotion is carried out without a real product is a waste of work, and I see that the price of Tofu tokens has increased quite a bit today, I don't know what the real cause is, but it could be even higher if the product is already launched for real Yesterday I've remembered that I have some USDT on Ethereum and decided to swap it to WBTC because price was comparatively low. Uniswap ask me $50 fee for that or even more. It's insane. On JustSwap it's about $0,05 + 0.3% liquidity provider fee. Tofu fees for swaps will be even lower than that. |
|
|
|
|
There were a lot of innovations in different chains last 5 years. Not all of them are important, but some altcoins like NXT (first platform with native tokenization), Ethereum (turing complete smart contracts), BitShares/EOS (DPoS), ZCash (privacy) and many others did really good job. Some others, like TRON, didn't innovate much itself but created very good product by combining best parts from different chains/ideas.
|
|
|
|
hi where can we find progress on the Tofu Defi project? I saw on discord there wasn't much that I could get information there, only telegrams were actively reporting the latest information, unlike most other projects that were complete to announce developments in social media, why didn't Tofu Defi make it? Generally social media will help people to find any news about a project and more specifically Tofu
Hi! Thank you for your reply and suggestions! We are working on TofuSwap now and expect to launch it in a week or so. Right now we are more focused on development rather than on promotion and social media. We have Discord and Telegram channels and any significant information will be posted there, in this thread and on the website. We know that promotion is important, but we believe that without real product it's useless. |
|
|
|
I think privacy coins will survive. They won't be so big and so popular as bitcoin and other major coins but they have a niche for small and cheap private payments.
I believe also that they can keep their market. Not all crypto-exchanges are under the strict regulations of those government who are after for these privacy coins. After all, the aim of crypto is to be anonymous and these coins are just catering such purpose. They already survive this long enough just to be eradicated in crypto market. They are serving a unique purpose among crypto users. I think the only threat for them if some serious and robust privacy update will be implemented in bitcoin, so bitcoin will become private coin itself. |
|
|
|
If we talk about BTC/fiat it's definitely long term trend. BTC supply is limited by 21 million coins meanwhile fiat supply is always growing.
Everything is relative. If we consider the trend of bitcoin from the very beginning of its appearance, then it is obvious that we will see positive dynamics, but here the question is about the events taking place now, and we do not have a definite answer. Does it make sense to buy bitcoin now? I think there is, since I believe that it will grow to $ 55,000, but my faith should not influence your decisions in any way. I would be cautious to buy btc now because it went up too far and too fast imho, but if we talk about long term it doesn't matter when to buy. Even those who bought at a peak of 2017 are in profit now (if they didn't sell of course). I believe that bitcoin dollar cost averaging strategy is the best one for people who are not traders or financial experts. |
|
|
|
|
People can use DEXes (decentralized exchanges) if govt regulations will be too restrictive.
|
|
|
|
To all those saying altcoin season won't likely happen, in January 2018 altcoin season was able to triggered because bitcoin was done for at 19k to 20k at the time, this time bitcoin isn't done yet, you can see that dominance is increasing too, it might take longer than expect, stop expecting history to repeat itself in same ways like 2017
Last time one of the reasons why altcoins flourished was BTC network congestion and high fees as a consequence. I don't see why this time it will be different. BTC transaction fee is about $5-10 now, meanwhile TRON transaction fee for example is less than $0.02. If bitcoin will go to 100k tx fee will be about $10-20 or even more. |
|
|
|
|
I think privacy coins will survive. They won't be so big and so popular as bitcoin and other major coins but they have a niche for small and cheap private payments.
|
|
|
|
|
If we talk about BTC/fiat it's definitely long term trend. BTC supply is limited by 21 million coins meanwhile fiat supply is always growing.
|
|
|
|
One of the blockchanis which cheapest fees is NEM. A simple transfer transaction up to 10000 XEM costs only 0.05 xem which at current prices would be about 0,01 USD. The transaction costs increases as the amount of transferred XEM is bigger but is capped at max 1.25 XEM per transaction. The fee can vary depending of the type of the transaction like if a simple or encrypted message is sent within transaction or an importance transfer transaction is sent or if a multisignature tranasaction is sent. For the full overview of transaction types and transaction fees you can check here the NEM documentation: https://nemproject.github.io/#transaction-feesDoes it have stablecoins like USDT or DAI? |
|
|
|
|
Anything can happen of course. But enormous amount of new money were printed in 2020 and it drives markets to new ATHs.
|
|
|
|
|
No, it's not a scam. It's utility token and like any utility token its price depends on usage of their platform. Right now it's not very popular, but they are working on it.
|
|
|
|
withdraw between exchanges if not using stellar can try doge or trx.
Meanwhile, for inter wallets I compared BEP20 and ERC20 very much cheaper bep20, where the transaction fee is not more than 0.1 $ while for swaps such as exchange at uniswap it does not exceed 1 $ for bep20.
TRON has lower fees. It has no fees for TRX transactions in most cases and about 1 TRX for token transfers ($ 0.03) and about 1-2 TRX for swaps. |
|
|
|
We've noticed that some people who got TOFU10 promotional tokens sent TRX to sender address. Please don't do it, it doesn't work this way. If you need TOFU your can get it on our website or on Justswap. If you sent it by mistake please contact us. |
|
|
|
|
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
|
|
|
|
|
Second advice is to create your own trading system. I mean that you should create some rules for yourself when to buy and when to sell and stick to that rules. You can test them on historical data.
Trading emotionally means reacting to fear and hope, which leads to losses.
|
|
|
|
After reading the headline, it will be extremely obvious that the biggest regret in anyone's life will certainly be not buying Bitcoins at $ABC rate or not buying Ethereum knowing its being traded at $XY rate. But let's forget that and talk about the reality. ICOs were golden time to a lot of people, including me. I can't have regret buying bitcoins in the beginning (when 10K bitcoins were used to buy a pizza) coz I didn't knew about something called Bitcoin but real regret is not being able to take profits being experienced.
That having said, my biggest regret is not selling ICON ($ICX) at the price of $10 (ATH = $12.64) which I had receive in ICO at the price of $0.11. Share yours!
I think the most popular regret except not buying $COIN at $ABC rate is buying and selling too early or too late  |
|
|
|
|
Show Posts
