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Author Topic: Recent situation of Cryptocurrency...  (Read 518 times)
Smitty Werben Man Jensen
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November 11, 2020, 06:07:05 AM
 #21

Aside from Ethereum 2.0 I haven't seen any more events that is coming up or maybe I'm not just aware of it. We are not quite sure what would happen to the market since it's decentralized market it may change a lot.

Right now Ethereum is being discussed a lot, because Ethereum 2.0 will be launched,
do you remember when Tron 4.0 was launched? everyone also talked about it and the result TRX went up 100%,
amazingly, maybe it will also happen in Ethereum, and the current crypto situation is very suitable for getting into altcoins

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November 11, 2020, 06:42:42 AM
 #22

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
^ Creations of other defi would definitely mean a dump in bitcoin's value for it may divide the solidarity of people towards it and we cannot conclude that another newly developed defi is a scam unless it is already proven. The interesting part here is that the possibility of replacing fiat currencies by a defi became more possible since each country are trying to develop defi for them and if it will happen globally then chances are fiat will just be replaced by defi like USD for the USA, Pound for UK Yen for China and same as with the other country's fiat currency. Nevertheless, if the replacement of fiat by defi will come to reality we will just need to know what defi should our country will adopt then the foreign exchange will still be applied like exchanging USD to Pound then will become bitcoin to other cryptocurrencies since it is not the currency they are using in their country.
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November 11, 2020, 07:33:31 AM
 #23

We cannot predict the future of a project in this crypto world, but in general what is happening now with some pretty good developments from all sides in the crypto world I hope it all comes true.
For altcoins I don't think it will have much effect, except for a few altcoins that are still actively developing, because we know that there are a lot of altcoins that seem to have been abandoned out there.



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michellee
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November 11, 2020, 07:50:54 AM
 #24

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
It will happen in recent days, but we need to be patient and calm down because that moment will not come as soon as we want. Bitcoin price itself is still trying to search for the right time to increase and lift the price after the new ATH price yesterday. But bitcoin price will get another new ATH soon, especially if the support comes at the market to raise the price to increase.

Hopefully, with the events coming up to many projects, that can give many coins a chance to increase higher, helping us gain the benefits for the coin that will grow. So it is better to be ready from now and make sure that you already buy many potential coins at the market. But if you are not yet buying the coin, you need to analyze deeper to find the right coins because many coins can confuse you to buy the coin.
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November 11, 2020, 09:17:53 AM
 #25

As usual, there are lots of new projects that's coming in some are good but most are scammed projects. And in the market, the pump and dump are just normal, the effect of the massive adoption and the result of US election too. So difficult to predict the crypto world what will happens next. Just always be cautious and careful in everything to avoid losses.
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November 11, 2020, 09:41:24 AM
 #26

In the cryptocurrency market still, there is sluggishness and a steady growth situation. Maybe this because of them until the price move of the BItcoin towards $20,000. Only few new defi coins has shown somewhat growth but the entire crypto is in bearness. So, holding is the only recomendation.

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November 11, 2020, 12:20:43 PM
 #27

No one will ever believe in cryptocurrency, cryptocurrency can make a lot of profit in many ways, but there is also a lot of reliance on luck here, cryptocurrency has come a long way, I think its future is very good, this cryptocurrency will never be lost. So work here, don't make fun of cryptocurrency, use it as a good platform. Thank you.

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November 11, 2020, 12:57:07 PM
 #28

No one will ever believe in cryptocurrency, cryptocurrency can make a lot of profit in many ways, but there is also a lot of reliance on luck here, cryptocurrency has come a long way, I think its future is very good, this cryptocurrency will never be lost. So work here, don't make fun of cryptocurrency, use it as a good platform. Thank you.



I do see so many contrasts with what you are saying, like you said that "no one will ever believe in cryptocurrency" and then you say that this thing NO ONE ever believes in "can make a lot of profit in many ways". You also said that it only relies on luck this money making method, by saying that you basically tell investors who did research and spent countless hours knowing projects and companies to invest in, you are saying that they are simply lucky and not because they are wise enough to know which one to invest and which one to ignore? Now for me that is really pure arrogance on your part. How could you say such a thing?

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November 11, 2020, 01:02:31 PM
 #29

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Eth 2.0 is going to be the biggest crypto event of this quarter and it is expected to go live with the mainnet by 1dt of December so i am expected good volatility for next few weeks and hopefully eth will be pumping up to create new highs because of revolutionary upgrades.
ETH 2.0 is really a great version but in terms of the price of ETH going up further I won't be sure.  Because this is the right game for the big money, they sometimes bought ETH when it was around $ 90 earlier this year. I mean its price has gone up a lot this year and that is a sign of buying whales.  The scenario would be that when Ethereum's PoS comes in, the price will suddenly drop due to a lot of speculation early on.  the same way that Binance exchange did when it launched Staking BNB last year.
So I just want to advise you not to trust too much on the growth of ETH in the coming days.  Maybe it will be a big trap Smiley
For me, what happened in the price of the ETH in these past days are actually good and for me it is a trap, I already have 37% gain after the ETH breakout. I'm expecting that its prices will continue to go up in these following days especially because the market sentiment is currently good and a lot of people are now re investing their money because the economy are starting to open again.

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November 11, 2020, 02:09:09 PM
 #30

From my experience, maybe only 40% projects are serious or going to up in this year. I followed many projects and those projects are failed or scam. Even dev only takes advantage of DeFi trends to create a project, this is very disappointing.
tbh 40% is quite the number there's a saying that out of all startups out there only 5% survive and if crypto projects could make it that much to 40% then I guess we are better then those startups but i'm sure what you meant with serious here is a project that could hold on or in active development regardless the return of investment so that doesnt count.

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November 11, 2020, 02:32:56 PM
 #31

Not just the new projects that are currently going up, even the old coins are now rising where before they just do some consolidation. I think what is currently happening is really good because this is a sign that there will be a monstrous bull run that may happen, I'm excited to see that bitcoins and many altcoins will have massive gains at the same time like what happened 3 years ago. The progress is really good and I hope that it will continue for many months more.

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November 11, 2020, 03:01:01 PM
 #32

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

This is not exactly true, the only coins doing pretty good are BTC, ETH and a few altcoins with good development or upcoming news. More money shifted to BTC and ETH, I think people actually understand that no matter what happens, BTC is king and also holding some ETH due to ETH 2.0 fundamental analysis. So when you say many projects are going up, maybe the coins you hold probably are doing well, not generally. I do hope altcoin season will come so that there will be massive spike for most altcoins.
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November 11, 2020, 05:01:34 PM
 #33

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

I hope you are not convince by these DeFi hype and their mini pump. Check Uniswap where hundreds of them are listed every month, check the 30 days performance. You will be surprised how they have down so much. Do you know what kills them? Hype with out real use case my friend.
They are easily listed and traded on uniswap and Bancor that's why we always experience huge volume and pump at the start but they go semi parabolic as time goes on.
The thing is, in the future some will survive as we have seen good ROI in some DeFi projects but most of them wouldn't go well my friend.
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November 11, 2020, 05:31:46 PM
 #34

Not just the new projects that are currently going up, even the old coins are now rising where before they just do some consolidation. I think what is currently happening is really good because this is a sign that there will be a monstrous bull run that may happen, I'm excited to see that bitcoins and many altcoins will have massive gains at the same time like what happened 3 years ago. The progress is really good and I hope that it will continue for many months more.
It looks like cryptocurrency will start a new era now, because we can see the impact of the DeFi hype making bitcoin price increases soar in today's market and now many Defi-based cryptocurrency projects have sprung up so that it can restore investor confidence in cryptocurrency assets. . Just like you, of course, we all continue to hope that this will last a long time, especially in the future there will be quite a big event in the cryptocurrency world, where ethereum has started to complete their project and will soon launch eth 2.0 so that of course it will have an impact which is positive for the development of cryptocurrency in the future.

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November 11, 2020, 05:42:16 PM
 #35

The cryptoqurrency market is currently starting to recover slowly or show its value again, especially with the price of BTC you can see for yourself that the increase in BTC has been very significant in the last few days even according to my personal analysis BTC still has the opportunity to reach its highest price again. this is only limited to my perception.

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November 11, 2020, 06:01:04 PM
 #36

Since the oldest and most remote times of crypto, what really matters is application and mobility in the system as a whole. This means that each investor or institution must analyze what the project really has of applicability and volatility in the current market. Thus, these sudden increases in poorly designed or even novice projects, tend to lose strength over time as mentioned in the previous comments, because they don't have enough strength to support the demand and essence of the market.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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November 11, 2020, 06:18:02 PM
 #37

It looks like cryptocurrency will start a new era now, because we can see the impact of the DeFi hype making bitcoin price increases soar in today's market and now many Defi-based cryptocurrency projects have sprung up so that it can restore investor confidence in cryptocurrency assets.
Get in and get out when you can, i consider DeFi as a complete failure because it is nothing but a pump and dump market, empty tokens created fetching ten thousand dollars in no time, it is crazy how anyone would invest in something like that, i am sure it will not last for a long time, always be cautions when you are dealing with them.

. Just like you, of course, we all continue to hope that this will last a long time, especially in the future there will be quite a big event in the cryptocurrency world, where ethereum has started to complete their project and will soon launch eth 2.0 so that of course it will have an impact which is positive for the development of cryptocurrency in the future
The ETH 2.0 upgrade is interesting and lets hope there is nothing bad that is going to happen, they delayed the release because they were not able to test completely and hopefully there will be no bugs in the code.
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November 11, 2020, 06:25:55 PM
 #38

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

The only event that I see and which can give an impetus for the release of an even greater rabbit of crypto projects and the emergence of new cryptocurrencies and tokens is a sharp rise in prices for cryptocurrencies, that is, the long-awaited flight to the moon. It is this event that can attract new people and their money to the crypto market, and the developers will try to release even more crypto projects to master these new funds.
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November 11, 2020, 08:31:58 PM
 #39

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
If we talk about today, it looks like that btc and eth are about to break above their recent highs that means new leg up is coming.
This also confirms that now we are in a bull trend and we may see many months of bull run from here onwards.

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November 11, 2020, 10:27:28 PM
 #40

The whole cryptocurrencies market is entirely driven by BTC. With sudden jump or upward movement of BTC price, I see some correction soon and we should be ready to invest some amount so that we can ride along again to gain some profits.

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