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It's a wrong idea that some folks treat cryptocurrencies as a get rich quick scheme and i don't blame either as people still have the idea that the days of 2017 and early 2018 will fall upon as one of these days. It will be best if you be frank with anybody you introduce cryptocurrencies to so that when market volatility goes really high they know that's how this game runs.
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Your transactions was stucked due to low gas prices, right now it's around 97-107 Gwei [1] It's possible to speed up or cancel your transactions, but keep in mind... this method may not work all the time. Speed up/replacing = Click speed up and send new transaction of xxx ETH with higher fees. Cancelling = Send new transaction of 0.00 ETH with the same nonce with higher fees. [2]
[1] https://ethgasstation.info[2] https://ethgasstation.info/blog/stuck-transaction-guide/Well, just as you said, this may not work because i have been trying all day to send some transactions on the Ethereum chain, believe me i had increased my gwei to about 120 which estimated network fee to be over $3 yet that damn transaction could not pull through. |
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This does not look good for crypto companies and projects that have been set up in India. Currently, WaxirX is dominating the entire country of India on its exchange services. With this bill being proposed it will really dwindle the efforts of crypto enthusiasts who are trying to expand the mass adoption of cryptocurrencies in there.
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Not at all, you just need to do good background research about the coin taking into consideration the use case, team behind the project. You also need to look for facts about whether the team have been able to come with any minimal viable product. This shows the seriousness of the team members with regards to the development of the project. Finally, look at the lock up period of the tokens.
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The gaming industry is one of the industries that have really adopted to this amazing technology. It still has a long way to go though as many of the big gaming companies are reluctant to join this new trend. Hopefully, we can see one of these companies join to increase the marketcap of the blockchain gaming industry.
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Absolutely brother, so many projects that have declared themselves as being mineral backed have either collapsed or exit scam as these where just mere words. These days, i run from any project that calls itself as being backed by a mineral unless of course they actually provide real documents certifying such claims.
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This is a very dicey question as in terms of global distribution of nodes majority of mining farms are located in China. They are dominating the entire network at the moment but i bet they would try to do anything weird to take over the control of the network for any selfish gains looking at how unfeasible it is.
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This is a laudable idea but then again if only bounty hunters will agree and abide with this. You will still have some individuals who would go out there participating in bounty campaigns without having any single thought about the progress of the project as well as the team members behind the project. So I say you make your own decision regarding this. If you see that any BM is not escrowing funds then don't bother participating. it's pretty simple.
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I used to trust ICO rating sites but most of them these days rate ICOs without necessarily doing a good background research about the legitimacy of the project. So many projects rated high by some of these sites have actually collapsed or scam its investors already. Trust your own research and intel if you intend to invest in any project these days.
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I would say yes because currently there are so many good projects that are upcoming and have good token economics. The crypto industry is getting more exposure day by day and you never know when a project you invest into gets the needed adoption. This will only count as huge profits for early investors.
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When I see this whole new hype about Defi it reminds me of the days of 2017 lol. ICOs surely came with good projects but most of them died out leaving investors rent. This is the same thing that is going to happen to some individuals in this current Defi hype.
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On the more serious note, I am really impressed with the progress of Elrond development towards its manner. I was a participant of their Battle of Nodes and it was a epic. Transactions of 250K being sent across a network with no sweat i will say is incredible. I can't wait to see this chain go live.
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Right so at a school reunion you could say that you are a diamond company iCoin co-owner LOL
That's actually a good idea there!  But it would only happen if this project pushes thru no matter what. Because from my observations, blockchain projects claiming to be backed by precious metals like this ended up crap or not successful. Even if they say they are legit company, most of them are not successful in doing their business via crypto. Just my thoughts here... Believe me brother, i have had my fair share of this catastrophe. I invested heavily into one of these so called backed precious minerals and it dumped seriously on us. Now team members are no where to be found and it's one of the shitcoins still sitting in my wallet. I don't know much about this one but let's see how it goes. |
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Seems this is a trending style of those who want to allegedly shill their coins but it doesn't matter now because most members of the community are well aware of that! Might as well make a thread to compare his favorite coin (for shilling) and a close competitor and let the community engage in a discussion of both project's merits and features and see which is best among them. Anyways, I think its best to day trade if you have enough time and want short term gains otherwise you could hold provided that the token/coin your hodling is very promising that it has a high probability of gaining huge ROI's in mid to long term period. I know right! the days where people bought into coin just because it was announced by so called Crypto analysts are over. These days everybody is well enlightened to do their own research about any cryptocurrency they want hence these schemes actually don't work. |
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Absolutely, Ripple is one of the few altcoins that are working towards mass adoption with cryptocurrencies as well as bridging the gap between fiat and cryptocurrencies. Their network is very fast compared to that of Bitcoin and Ethereum making it more scalable.
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Well, it's absolutely possible and you can make very decent profits out of it but you need a substantive amount of money if you are looking to earn from this industry day trading. Start with something around $1K and you are likely going to make at least $200 everyday. However, you should be ready to accept losses should the market crash.
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That's the sad truth which most folks are failing to come to terms with. Nobody is going to fomo buy into bitcoin to cause its price to sky rocket but we are likely going to see it rise and fall from time to time. The highest price I will ever assume it will reach will be say around $12K, anything above that will just be a short bubble.
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your title doesn't make any sense. bitcoin didn't join anything, it is as it has always been. it is the banks that are now slowly changing their stance because they have realized their FUD didn't go anywhere or do anything. So i guess as my opinion on bitcoin future will be stable and no coin will take over it.
so you needed a bank to start offering its service to another centralized service (ie. exchange) to make this conclusion?!!! I thought as much, sometimes the title that members of this forum give goes in one way and the content of the post is also in a different direction. This makes it very difficult to follow up and build decent conversations in here. |
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In a nut shell, yes because considering the speed and time it takes for transactions to confirm on bitcoin network and that of Ethereum network the latter will definitely serve as a better payment method than the former. The scalability of Ethereum network exceeds that of Bitcoin.
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No doubt about that. Cryptocurrency hardware wallets are the safest form of wallets you can come across in this industry. Saving your digital assets on a hardware wallets provide a 99.9% security against it from being hacked by hackers. Mobile wallets are not all that safe as someone can equally exploit a bug in the application and that can make you lose your entire funds totally.
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