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With satisfaction we can see that Bitcoin is gaining confidence as a good alternative to safeguard investors' capitals that will serve to boost the economy. It is a fact that the community celebrates it but it is not the time to replace traditional currencies with Bitcoin. Bitcoin's mission now is to counteract inflation and create macro opportunities in the global economy.
Totally agreed. I don't think that is bitcoin's mission after all. Imo there are contenders for that role on crypto market, such as Ethereum which is widely used in big corporations at this point. |
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Hi everybody,
XRP is currently very low (€ 0.20). I have some Litecoin coins. Bought at the beginning of January 2018, so considerably less. For the amount of those LTC coins you can now buy a lot of XRP. My question: do you expect XRP's rise to be higher than LTC's? I can easily see XRP for 0.20 go to € 1. So 5x. While this growth seems more difficult to me for LTC?
In my opinion it is a wise decision to sell LTC now since its not really developing nowadays. However, XRP never showed any signs of bulls not once for last 3 years. If you seek big profits - you can look deep into altmarket, but thats risky. Otherwise, you may diversify your wallet with top alts that won't die anytime soon |
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This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.
But I got some confusion here when the "airdrop" term used.
Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.
Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.
Its always been like this as far as I can remember. I mean even latest big example of uniswap - they didn't ask anything for it except being a user of their service which is already something (you paid fees). So I don't think there will be any airdrop that won't require one thing, but your wallet address, company wants to get value for the coins. |
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Yes. As far as i have understood uniswapn is an automated market making service so pooled liquidity is there for most tokens that you can trade. Without liquidity pool there is no way to buy or sell on uniswap. Due to returns most tokens are available in the pool as hodlers park there to get returns for hodling.
Almost right. Liquidity pools are provided for the community by the community members and they're granted with liquidity provider fees for that. It is true for most of tokens that are listed on uniswap, thus service is indeed decentralized and somewhat secured |
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Simple answer to your question: Yes, why not?! But there are couple of things that is holding it I reckon. Education, political evolution and religious superstitions etc. I think it's just a matter of time.
It will take more than time, it will take a lot of effort within African countries and from outer countries as well. Those who are in the good place right now should help it to be more developed. Its a rough topic, but I'd say USA took a lot from African countries back in the days and am glad that they're trying to help them now |
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I have the same feeling on new projects but it is all because most of them will eventually fail because they are just here for the money and not really serious in offering something new or innovative, many are just copy-cats of what we already have, and I am sure the people behind them are just here to make themselves rich as soon as possible so that when problems come in they immediately just hide in the mountain and thereby left the projects die on itself. However, from time to time we can see a good project that really shine and make it through the trials and errors. Finding which will make it can be so difficult.
The feeling that it will "eventually fail" is the thing that brings people in crypto for profits. But what drives the industry is the belief that we will succeed and crypto is actually going to be fiat of the future world. |
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I guess ethereum supply is not fixed, in fact I've always known that ethereum had an indefinite Total supply, I believe that explains why there are divergent figures when trying to get the total supply. I really don't know why the developers made it this way, but I ones read that it would be corrected in the ethereum 2.0 project.
I hope you're right, but I never heard of anything like this. I'm pretty sure tho that if ethereum 2.0 won't cut total supply of eth its going to kill it in long term |
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It is always painful when you miss an opportunity. Hey, it is commonly said "what goes up must come down", you just have to wait and make sure you prepare for the next bear run.
Well put it is. Its not the reason to buy now, but its a reason to wait and buy on the dip |
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Glad to see that you updated EOS in your app shortly after releasing and adding it at all.
Hope you'll add detailed instruction to this, because managing EOS for a person who doesn't know it could be quite hard.
Sure, we'll come up with an illustrated guide a bit later Literally 2 minutes later you've posted a video guide on it That is a level of speed of updates every company needs  |
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This is a total nightmare
Gold is now 1941.25 usd today
Euro value is increasing against the USD ...
What this means is that soon i will have to increase my prices to 5-10%...
BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )
Govs are putting us out of business ...
I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...
I can't know what your company does to make a living off of it, but I am pretty sure you can optimize the process this way so you still can gain profit from it. Otherwise, starting an agriculture company is not a bad idea either in the long term  |
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As a matter of fact,we are currently experiencing the result of the Covid-19 pandemic through out the world.
There are so many people who are suffering and because most of the people are now unemployed because of many companies either closed or lessen their workers, the lives of the people getting worst.
Lack of foods and other personal necessities.
Lack of finances.
Lack of transportation because of quarantine.
Those are the major problems we are now still facing while the pandemic continue spreading because there is no cure for this virus until now.
What will be the solution for this?
How we can help our government on this current circumstances?
Does bitcoin or any digital currency could help?
We all should understand that there is not other way around this situation, but work. We need food so some people got to make food for others. They will get money for their work and they will want to for instance watch a movie or buy new shoes - movie theater/shoe shop will open to get profit and buy food for themselves. At the end of the day people will risk their health over food |
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I'd add crypto loans here, because it seems bizarre to me - loans imply giving someone a lot of personal data which is simply against crypto ideals.
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I'm not against of that prediction, I like bitcoin to rise at that level but just like other experts, they cannot be right all the time.
With the price bitcoin been moving this month, it's not impossible it will reach at that level as bitcoin is quite stable now, I mean the support is strong and less dump are happening now. However, I will stay realistic that bitcoin is very unpredictable, if it comes then good but I see an opportunity if it dump as it's time to accumulate again.
exactly, man. How do people believe their thoughts so easily. We should be happy that bitcoin could make it through almost decade, whether its predictable or not. As long as it gives people value of usage - it will fall and rise |
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This crisis is longer than what most of expected even though if the spread of the virus could be stopped the damages to our economy will be prolonged and could take years to heal. But after this we have to keep going in order to survive and make good plans in advance.
in fact, there is currently so many negative and positive news. it's just that the crisis still continues, even though there is enough positive news at this time. however, the current situation will not change as long as the vaccine from Covid-19 is not found. Yes, thats the deal. But there is a chance that we'll manage to develop some form of covid tests which will multiply its current efficiency. This way we could test most of population - ill ones will remain home, others will go at work |
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BNB - an artificially created coin for the simple cause of trading and reducing fees thus attracting more traders to the Binance platform
ETH - A blockchain, not fintech, focussed token that has opportunities for real life use cases build upon.
For a random, trader, both coins are of interest, but as from a sustainable and long term ivnestment point of view, BNB can be neglected. What if CZ makes a mistake or Binance gets hacked? The price will plummet into oblivion
on the other hand eth is quite protected and more decentralized, and as you said has a lot more opportunities for real usage I do trust bnb and I do trust eth however I do believe in ethereum and their eth, cant say same about bnb |
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This is no different than saying that most people who are new to trading stocks should just invest in bluechip stocks like Apple, Facebook, Google, etc instead of getting into penny stocks. Basically the top alt coins or bitcoin are obviously more safer because they have been around longer so the chances that they pull a 99% loss is slimer, however they are still possible.
One thing to consider is this. One time a few years back when BTC was $1 or so, it was also considered a risky penny type stock investment, however if you invested then at $1 you could of made $20K per coin that you bought. Hence this is the reason why many newbies invest in risky small cap altcoins. They invest little like $100, so if it goes to 99% loss they don't lose much but if the alt-coin gets a good exchange listing like Binanace and ends up going up 100x then the pay-off will be big.
So the conclusion to this - depends on what you want from crypto investment. If you want to understand the market, to be able to trade short, you are willing to learn a lot (or you just want to put in money in long term and not to lose a lot) - you should invest in top alts/btc If you want to play in crypto lottery - then invest in high risk altcoins and wait for the miracle |
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It is quite predictable due to Global lockdowns caused by this pandemic. The demand is low but after this crisis I believe that it would go back to its normal phase. Slowly but surely.
Will it go back tho? People's habits have been changed during lockdown, companies have been damaged, some of them closed, other ones adapted to situation and started to work remotely. But overall I believe this situation will push humanity to go away from oil |
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This is the proof that we, the final consumers have the power to control the price of oil, no demand no money. Unfortunately this is for a short period of time.
And for this short period of time we have most of the people being online at the same moment, so we can communicate and cooperate more efficiently. I assume there still are methods of distraction, so we could not being as unite as we could be |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? Coinmarketcap is the leading site for crypto details but with regards to exchange details, I can say that you are right the shit exchange that are faking their volume were able to rank higher so it will be good if they can fix it. There is a big chance that there will be a better update to come especially that coinmarketcap has been sold already to Binance and I would like to see whether the incoming update will be fair enough to all the users. I am not a coingecko user so I cannot comment more about them, right now I can say that I will favor coinmarketcap as I've been using it for several years already in gathering some useful information about the crypto currencies. pretty much it, yeah I haven't use coingecko much, but I don't see the reason I should be honestly this whole time I was using cmc and it was totally fine 99% of the time |
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As long as there are people who are investing in projects because of money without doing due diligence on reviewing the team and the legitimacy of the project people will use cryptocurrency to scam people. Scanners opt to create new altcoins since they know there are a lot of investors who are greedy and easily attracted in projects promising good returns.
I don't understand that discontentment because of scammers in crypto. Yes it is bad and we should fight against them. But people look around - scammers are everywhere and I bet there are a lot more scammers in fiat than in crypto, since it is way easier to hide profit in cash rather than in blockchain Be patient and pay attention to what you are investing in |
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