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Never trust this campaign manager. He or (she) is not a fair moderator of posts . I don't think he does have any comprehension when English matters the most. Warning to the participants. He give a lot of bs alibis not to credit hard earned posts. Boy!!! still licking some butts.
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In my opinion and experience, crypto currency has a better access and potential to increase . It has no boundaries and regulations yet. For its market it can have billions of people participating in just a series of keyboard tapping and mouse clicking. Real time data is always available 24/7 so making it more flexible for the investor what to do and decide .
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As economic denotes, whenever a supply decreases and demand increases, the price goes up. Now the thing is, how often does Ethereum burn in a certain point of time? For long time hodl of ETH it is really rewarding but for daily transactions it could be nightmare dealing high and fluctuating gas fee. Unlike bitcoin, ETH will rely on market sentiment and how people would be taking considerations and doing transactions in blockchains.
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Just a thought of getting the updated chain on this project has a certain level of scarcity . Does anybody still maintain the blockchain meaning are there still miners doing the work of generating blocks? As curious as what the price per coin on this. Back when bitcoin was just $900, 42 has already reached 30k or more. It makes me wonder how high would it be right now.
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Back in 4 years ago, yes it was an investment but in my opinion now, it is more like a store value . There are now a small room to increase. Not a x100 anymore. More so like x4 - x9 ish. It is still better option to hold against inflation and diminishing purchasing power.
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Several DeFi projects have now established the foundation. Many blockchain developers are itching for more enthusiast of conceptualizing innovative applications that are way beyond centralized finance. Developers are indeed taking it to the next level and taking advantage how advance and useful smart contract gonna be.
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NFTs are just a part of blockchain applications that are driving force of crypto economy. An application that is task to make all forms of arts and human masterpiece digitize and to be easily authenticated against cheap imitations and variety of knock-offs. This is to insurance the thing that would be listed on the blockchain is one of a kind original thus value sets in for that piece. NFTs have established is its footprint in blockchain application and it can evolve into more significant in terms of useful cases in finance and economics.
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Sad to think that storj is now a has-been promising decentralized application for storage. From 2015 to 2017, it was regarded as a profitable type of dapp for the reason of hard disk storage rental business model and cloud service but was at counterparty platform. Things have drastically change when the counterparty platform did not progress and storj migrated to the Ethereum platform. Somehow, it did not help.
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As much as I participate in crypto revolution, I always prefer gold to be a store of value. But if investment is what we are talking about I always diversify my portfolio majority in crypto. New technology always gain leap and bounds but with higher risk than gold. In the sense the saying... don't put eggs in one basket is really a good strategy.
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The answer to this is affirmative. But this will not happen sooner. It is just a matter of implementing DeFi and other dApps which can affect different platforms whether its performance or gas fee. By the time every finance do in a blockchain, that is where the moment the price will reach towards $1000 or beyond.
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In the first place Polkadot has the most ambitious task in the world of blockchain technology. It may take quite a while for its ecosystem to work in full potential. Many dApps are in line to have their respective parachains to be in Polkadot's "group of blockchains". Slowly it will gain track but not in the mold of BTC and ETH.
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My bet on this is Bitcoin will never ever go to Proof-of-Stake consensus algorithm. It already has the superior and decentralized PoW. See how durable and impregnable the blockchain ledger is for the last 12 years? Still cannot be hacked, the security itself underlines the effectivity of PoW as very much strong and cannot be manipulated .
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No amount of trying to be careful that can prevent anyone from fall project, you may do your possible best to do a background check on a project, some still turned out to be a scam because any project can easily change.
As Long as this environment remains unregulated, scam and fraud activities will remain constant, even in a the outside environment of traditional finance, there still exist some numbers of reported scam talk less of here that's not watch by the government, they might be doing privately but since crypto are pseudonym in nature, you can't trace all the bad actions in this place. True to its sense. Regulation must come first to lessen being scam. But the problem is where can decentralized applications fitted in . In what area of government would likely be in harmony as to let it spawn into a mass utility for the people such as cars for transport or medicine for health. |
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Now comes the every player's dilemma, high ethereum gas fee. With ETH price going up like its no tomorrow, players can't really maximize over their respective gaming assets. Transactions are part of of Axie and the effect of this is nothing will be fun anymore or as exciting. What can we do to make gas fee minimal?
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I have a doubt that this is a fake ANN for Shiba Inu. Why is it the domain name ends with ".win" . Stop this kind of activity guys, don't feed your family with money that came from your evil activities.
Yes, indeed, the domain is not the original site of Shiba Inu, I also stopped writing in this thread, after I noticed that although the links to the contract are correct, but I could not see what was on the fake site, now it is not available.  It is better to be aware than sorry guys. Glad that some users have discovered the anomaly of the website's url. Sometimes it pays to be vigilant. Specially crypto can wipe out someone's hard earn money within minutes. Be educate and know the nook and cranny of blockchain technology. |
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The better strategy to profit is Staking . HODL only denotes speculation and have a higher risk. There are more blockchain applications that are into proof-of-staking consensus algorithm. Staking has evolved to more interesting concepts like yield farming and liquidity mining. These are Defi implementations that can have a big impact in the world of finance.
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Staking both Ethereum and Cardano would be lucrative . Compound and Aave would be in good returns for liquidity mining and yield farming. They easier but riskier for the reason they are most susceptible to rugpull event. Masternodes were a thing in the past and costly to implement but still high in yield.
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Cardano is no doubt the most bullish in the past week. With almost 100% relative increase, it is one of the participated blockchain 3.0 implementation where staking will be the main focal point in securing the blockchain and its Dapp application development. Charles Hoskinson is very much visible in the blockchain world promoting cardono pretty much so.
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As much as bitcoin is easily transferrable I would never ever treat it as a medium of exchange just as cash would. With its ever volatility in nature, it is kind hard to track but I would rather see it as much like gold... a great store of value. So to pay something with bitcoin is really not my cup of tea.
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