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Alternate cryptocurrencies / Altcoin Discussion / Re: What's your opinion on the future of Decentralised exchanges
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on: December 12, 2022, 07:39:42 AM
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FTX's downfall is indeed still a quite dire scourge as well as a warning alert for other exchanges because no matter how good it is, sometimes when we don't know what the depth is, it's also very difficult.
But talking about Binance there is a slight difference it seems and indeed they are still going to be on top now but we also can't say that this will also be free of suspicion because vigilance still has to be exercised now especially after some of the events that have happened right now.
It is really scary, many people lost their fortunes because of this, and because of this huge incident, we began to reflect on how important the importance of asset security is to the industry. I think encryption is still in its infancy, and even user assets have not reached a safe state, which is completely unacceptable, and the best decentralized exchange must be precipitated. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why ETH price keeps decreasing?
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on: December 07, 2022, 07:58:06 AM
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The supply might become lower but if there’s no demand for that, you can’t expect for the price to go up. Probably people are into Bitcoin right now or they hold more stablecoins for now waiting for the right moment to buy more cheaper ETH, and because of the market trend this is a best way to be more safe. The trend influence the whole market, we can’t expect ETH to pump while others are dumping, ETH also rely with the trend of BTC no matter how good the news is.
That's right, the king hasn't moved much, how can the little brother be better? The main reason is that the entire market is too bleak, and when the market heats up, all currencies will rise. |
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Destroy Crap Altcoins?
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on: December 07, 2022, 07:47:03 AM
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Bitcoin and altcoins belong to same category as a cryptocurrency but while bitcoin is 100% decentralized only a few altcoins are 100% decentralized. We majority of others are highly centralized. and to make one point very clear, when we are discussing any topic that has to do with the comparison between Bitcoin Vs Altcoins, we should always have it at the back of our mind that Bitcoin is the major dominant cryptocurremcy in the industry but we still have some other coins/tokens in different forms and on different chains. The rise of altcoin on the ethereum blockchain gave rise to so many projects while some are successful as utility projects providing services where Bitcoin may have limitations, but also the majority of other altcoins are just total scams that have given the entire cryptocurrency market a bad name.
Encryption must have altcoins to become an industry. Only when it becomes an industry can BTC be pushed to the highest position,But now, Bitcoin wants to become a more influential consensus, and it is rushing to the highest position again and again in the constant altcoin vat. During this period, countless altcoins are needed as a springboard. |
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Bitcoin / Bitcoin Discussion / Re: Bitcoin and Ukraine war
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on: March 07, 2022, 10:07:23 AM
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I think now is a good time to increase the position. Russia is already much stronger than Ukraine, and it is not far from the peaceful manhole cover. The opportunity is slowly emerging, and the rising balance is tilting.
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Economy / Trading Discussion / Re: My Trading Strategy
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on: March 05, 2022, 07:48:54 AM
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No one can accurately predict short-term ups and downs. The key is to know the possible probabilities of various trends and the corresponding countermeasures, so that you can make more money when you are right and lose less when you are wrong.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: This December is a weird one
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on: December 15, 2021, 06:59:59 AM
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Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
It's too uncomfortable. All funds have shrunk by 30 points. It is too depressing. This December is simply toxic. All the game coins held now have collapsed. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Polkadot - parachain auctions
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on: November 12, 2021, 01:47:08 AM
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I will definitely participate in auctions. Now I choose Acala, it's a great project. Overall on the investment, my DOT tokens will be locked up for 2 years, but I will get the winning project tokens in return, which can be sold at a profit.
I participated in moon beam and it was too imaginary. It was really amazing to surpass aca. At the same time, I also participated in Astar. Personally, I am more optimistic about this project. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can SHIB rise to 0.1?
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on: November 09, 2021, 08:41:55 AM
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A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.
I can only understand that it is a kind of hype token, and I don't think there is any deeper reason, that is, there is capital in the hype, capital game. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: What project can replicate Solana's success?
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on: November 09, 2021, 08:31:25 AM
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If struggle isn't going to end any time soon solana still got worthy opponents like avalanche and Polkadot which are also doing so good, we never know which one will flip solana some day, it's crypto space to begin with a place where anything is possible isn't it?
At the technical level, Solana cannot be a direct opponent of Polkadot, but it is not necessarily true when doing capital operations. Gavin Wood is not very concerned about currency prices. He is more concerned about technical issues. I think Solana and him can't do anything at all To compare. |
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