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You tell me @op what potential use case have NFT other than been a digital assets! What else can nft be use for! I don't know why so much hype is build on a project that don't have so much use case to offer, maybe this is just me, others definitely has a different opinion.
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This is what we have to deal with, both btc and eth are very expensive to transact with, eth is even the worst, it is hard to chew but you have to accept it, btc is high in price sane with eth, and high transaction fee is the price for it.
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There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
Of course they have taken profit, in fact, they must have taken profit long before btc hit $20k again, people generally don't have that patience to hodl and keep holding even when they can take profit, they are not stupid, people who bought at $4000 must have dump and others have bought it at s much higher price and those people will in turn dump and others will buy it and so on, even at $62k some are still buying btc. |
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why I call it a ponzi because late comers pay for the early adapters with their cost of bitcoin is almost nothing
in early days of bitcoin people just mine it for fun........
why I call it a bubble have you ever seen any investment can start with almost nothing and went up all the way to over 60,000 dollar per coin in a decade time?
even if you count it from $1 per coin to over $60,000 that is over 6,000,000% return in investment
what do you think?
may be it is just my silly thought....
please comment. thank you.
And have you ever seen a bubble that lasted a decade? If you think btc is a bubble that will soon burst then tell me how many bubble or ponzi have you seen that lasted a decade? If you can find out and while you are at it take some time to ponder if btc is ponzi why institutional investors and companies like PayPal, Greyscale, Tesla, and others are part of it, I don't think this reputable companies will have anything to do with ponzi. |
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A word is enough for the wise, it is good to not get carried away while the market is still bullish thinking it will continue like that, I made that mistake back in 2017/18 not anymore,
Am always alert and ready to take the necessary action whenever that time comes, I have been around in this space enough to know the market is heavily manipulated, and it seems now it is even higher than before, newbies will be at the receiving end when the market suddenly goes into bear mode, but am still hoping the alts season will give enough time for alts holders to take profit before the bear market, as always invest what you are willing to lose.
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Why are you posting it here though and sounding like this we're you got hacked, Except the thief is a God fearing being which I doubt very much, sorry to say that you won't be getting to coins back, it is very unlikely that someone who stole the funds in your wallet will return it, but I wish you best of luck recovering your funds. |
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Sofico Bounty campaign attract a lot of community. Sofico.Agency managed to do good work. Thanks to the Dima and Yevhen for all. We will continue collaboration with this team.
You must be joking  , Ask hunters about this trash bm and they have a lot to say, stopping promoting shit service. |
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Eth is decentralized and expensive to transact and transfer funds, bsc is centralise and very cheap to transact and transfer funds, What is most important to me most! Decentralization or making profit! Making profit indeed, What does it matter if bsc is centralise as long as it can get the job done! PayPal and the likes are they decentralized? They have millions subscribers, Is coinbase decentralized!......  |
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Binance never creates a decentralized service and all of the services provided by binance were truly centralized. You should never believe the buzzword created by CZ. CZ was creating so many buzzword if binance was decentralized just like binance dex. Those systems being controlled by 1 company and that's more than enough to prove if that's centralized platforms built in the same ecosystem under binance as the parent foundation.
What is 'buzzword' did cz ever mentioned that Binance is anything other than centralise exchange where it is required for users to pass through kyc? Am curious what exactly did cz said in the 'buzzword' I think the problem is not cz but those who are dreaming of something that will never be, cz is the owner of his company, either you accept or you don't, just like every other centralise exchange out there, Don't expect Binance to be a decentralized exchange or cz will denounce his ownership of the company he built, anyone interested in decentralized exchange and their tokens, look towards uniswap, 1inch, sushiswap, pancakeswap, and so on. |
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No, I don't think so. That is why we mostly witness private companies buying it in large amounts. It's their own money and not as part of something else. Someday it will still circulate if the usage will really happen. But, we can't just see it now. I do use the gambling perspective to see the future and also for me to understand easily what will happen someday. Gamblers using bitcoin as means to gamble and sites will pay in the same currency. Same thing as what is happening in the market. (wet or dry) Don't compare what the institution is accumulating with gambling sites, those are far from each other, right now, an institution can buy up to a million btc if they choose and that amount will be in reserve and under the control of some few individuals, can that be compare to what a gambling site is paying out to users! Like it or not, only big institutions that can afford to buy huge amount of btc and if they do that gives them some certain level of power to be able to influence the market with what to hold, If not now, but soon when btc is coating about $100k, only institutions and very few individuals can buy 1 btc and above. |
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No distribution yet, the team already failed to keep to promise, I hope this won't drag for a long time.
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25 post is a bit too much don't you think? You don't want to encourage spamming, plus bounty is 6 months and reward will be paid after, incredible.
25 posts a week is 3-4 posts daily. It's not much imho Yeah good luck with that, 6 months bounty, 25 post, paid in 7 months time to an unknown exchange account, Always some shity project will come along to cheat hunters and fled, you can not guarantee that hunters will get paid after 6 months. |
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25 post is a bit too much don't you think? You don't want to encourage spamming, plus bounty is 6 months and reward will be paid after, incredible.
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Was able to register on the Answerly website and it does not look bad since development will continue,
And as for the bounty reward,
3 ans per day (1 ans = 5 xlm = $6.29 at current market price) May I ask how many post is required? That information seem to be missing.
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Hello Guys, What is your prediction?
I see coins like ZEC, DASH, EOS, ETC, ONT, XRP... far from ATH, Are they x10 capable?
Or New Coins like Near, POLS, SNX, LRC....?
I missed many x5 x10 property trips like ETH from 200$, ADA from 0,1$, DOT from 5$, Link from 4$.
Thanks guy.
I am working with a project called Sovryn. it is the very first Defi on Bitcoin. it is going to be a game changer in defi world. they already raised $10 million in their presales so far. and still the public sale yet to happen. so if you asking about new coins I would say Sovryn definitely have to potential to go 10x in future. about the coins you mentioned. I think EOS is best and in new coins POLS Couldn't agree more on sovryn, was glad to be among the participants of the campaign, from the look of things there already so much hype surrounding the project, whitelist was over subscribed, privat sale sold out and so on, being the first btc Defi project gives them an edge over others I guess, this is going to be an interesting project to watch. Between I disagree on the EOS part, better look elsewhere than that struggling project. |
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25/week?? Seriously?
Hope the BM will consider reducing the amount of post because many posters will only spam the forum to meet up. |
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The truth is eth 2.0 has no specific date of being launch and many are not even sure if it will solve this heavy transaction problem, so why hanging on a hope alone, it could be that by year end there will be another reason for excuses,
We have alternatives in the market, blockchain is not about loyalty, it is about finding what works for the majority and clearly eth has failed in that aspect, it is time devs move onto a much cheaper and faster blockchain, there are many options.
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I think the scarcity part is only related to owing 1BTC and not the sat, btc only have 21 million aside from the little particles that make it whole and not many people have 1 btc, and if btc where to be shared among 21 million people that makes it scarce since only 21 million people out of the world population will have it, in this scenario, sat does not matter.
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I don't know the exact percentage, but most of BTC is owned by a few.
So logically, BTC can never become a store of wealth for the masses.
BUT if BTC cannot serve as storage of wealth for all and neither as day to day currency due to very slow and increasingly expensive transfers, what role will BTC play in the future?
I honestly think that it will become a billionaire's toy in the future and coins like XLM which offer incredibly fast and inexpensive transfers, will play the major role in the financial day to day transactions.
So I believe that the people who have just started to invest in crypto should consider these other coins and forget about bitcoin.
If the world will accept crypto as currency, it won't be BTC.
No it cannot, and this recent price hike just make it even farther more from the masses, I mean it is very easy for a rich dude like Elon to throw in $1.5 bn to buy btc within a twinkle of an eye, same applies to other rich dudes out there, something the masses will not be able to do so easily, Lets face it, btc is no longer for the masses, it is now the currency for the rich, an avenue where the so-called institutional investors display their wealth freely, the only thing the masses can get is the crumbs |
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This concept was popularised by Warren Buffet and Charlie Munger. Each person has area of thing "they know", e.g. if you work in computing you will know ībout programming, networks, systems and the like. In investment, the rule is "stick to your circle of competence", just do not invest in things you do not understand. Linked to this is the Dunning-Kruger effect - when you thing you know something and you have understood a problem, but you really have no idea. Is bitcoin in your circle of competence or are you Dunnin-Krugering around? I wouldn't say am Dunnin-krugering just because am not a dev doing computing or what have you, I think I know enough to invest a little and not get carried away, does that make me part of the circle of competence? Or am neither both. With this your explanation, there is no middle ground, it is either you are this or that which I disagree to, one don't have to know btc in depth to be a part of it otherwise we would have far less people in this space. |
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