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NFT is very strong right now, and I also feel that $1 for TRX is too far for it, even though Justin Sun wanted to use NFT to boost his platform. Breaking past ATH levels has been a feat for TRX. Its movement is not serious and too slow compared to other major platforms. It's nothing but cheap fees.
It's nothing but cheap fees.
True, indeed it is too far for TRX to reach the $1 price level this year or next year, because considering TRX hasn't been at $1 in the past, it's getting harder and harder to reach it at this point because competition has started so much in the world cryptocurrency space.It's nothing but cheap fees.
The highest TRX ever reached was around $0.20. In order for TRX to hit $1 that is 5x the all time high from the last all time high and 20x from where we are now. I think it is not very likely as we haven't been even close to that price area ever in the history of TRX. As a first milestone I would define something like $0.50 at maximum and even that seems unrealistic to me at this point in time. They need to be way more present in the public and compete with ETH and BSC on another level first. Otherwise there is no real reason for it to pump above and beyond.
imma go ahead and say it, it is impossible for Doge to reach $20k not just in 5 years, Doge just can't make it that far, there is just no way, its marketcap would be unbelievably high, it's just a meme coin, people can try to make some profit out of it and sell, it has no other rational usages.
It would be illogical to hit $20K in five years for Dogecoin, because if Dogecoin could reach that much, then everything else would be five times that price, so obviously this is too far to go and very unlikely to materialize unless the supply of Dogecoin is limited 100 units only and the people who like it can be very much.I have been reading your statement a couple of times now but it seems I can't understand what you are trying to say. Why would everything else be 5x higher if Dogecoin ever hit $20k? Apart from the fact that Dogecoin will never hit that price, why do you say it is 5x for everything else by then?
for me personally it's okay to buy crypto on the KYC exchange because now it seems that there is still the only safest way to get crypto without getting scam ( if you choose trusted exchange ) and also it depends on where you live too. if in my country there is an e-commerce that sells bitcoin assets as well. This does not require KYC but is also safe because our money is held by the e-commerce.
I also prefer to use KYC exchanges to buy Bitcoins, because that's probably the safest way I can think of for now. Although the risk is that we must be
willing to lose our privacy, because we have to submit our personal data to these exchanges. Therefore, it is better if we finally decide to use KYC exchanges
to buy Bitcoin, choose one that has a good reputation.I've been using KYC exchanges in my country for 5 years, and luckily I haven't had any bad experiences.
I think there are a couple of possibilities to buy Bitcoin safely apart from exchanges that demand KYC. First of all there are exchanges, reputable exchanges that don't ask for KYC and then you also have a couple of swapping services that you can trust as far as I know. I think Shapeshift also offers swaps to BTC for cash if I am not mistaken and I think you don't have to provide KYC.
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
surely the euphoria of crypto-based nft games will end but for now, you can maximize it. I played in my defi pet, cryptoblade and axie infinity, I am ready for the possibility of things that will happen and believe all three are not bubbles.but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
I agree with you. Besides my interest in investing in proof of work alternative coins like CHIA, I also am optimistic about the future of NFT play to earn blockchain games. Axie AXS and Cryptoblades SKILL tokens are pulling back right now but My Defi Pet’s DPET token is only starting to pump. But if looking at their marketcap, all are under $100 million. These games marketcaps will be in the bubble if they are in the billions.
Blockchain games will also be huge. There are so many people who have played games like World of Warcraft, bought items and sold them back and forth with other players, whole characters were sold on the internet for good money. I expect that to happen for NFT-based games as well.
maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.
The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.
So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?
Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.
I don't know how eager the German special funds are to pour money into crypto, but I believe that at least some money of the approved amount of $415 billion will find its way into the crypto market. I guess that those investors who provide their assets to be managed by those funds also want some exposure to this brand new market. But I don't think we should expect the whole sum to go into crypto. Maybe over the time span of a couple of years, but certainly not at once.
That is what I would expect as well. It is approved for sure, but in the end it also depends on the investors who gave their money and put it under management of those funds. Not being exposed to crypto at all could be a big mistake so I expect some of it go into crypto. Maybe in a few years from now those funds will use the whole approved amount to invest in digital assets, but not immediately.
maybe many people don't believe that Germany will adopt crypto in large numbers. I didn't believe it at first because many projects from Germany failed and it seems Germany is one of the countries that doesn't support crypto. But things are changing now that Germany is officially providing entry opportunities into crypto.
so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.
The thing is that 415 billion dollars is a HUUUUGE number, even though there has been news about it, I am sure we would only believe it happened if we actually saw the impact of it. I keep saying that if 1.5 billion dollars of tesla made bitcoin go up so much, if the 415 billion number was true then we would have seen bitcoin over 500k already, how? 1.5B from tesla caused it to go from 30-35k back in the day towards nearly 45k, that is when it first happened, I do not get why would we not increase to 500k with 415 billion if that was just 1.5 billion, there is roughly 415 billion difference.so everyone doesn't know this news yet, don't judge people and please understand because not everyone is updated about this news in germany.
So at the end of the day, if something as gigantic as that, something nearly 300x more than the biggest investment we have seen so far, should have taken it to 500k easily, but it didn't, not only that we had nearly zero change, just regular market movements. So how could we believe it actually exists? Or invested?
Well, there is no need to verify it as a simple Google search will show that that law has actually been passed. What's more true is that the impact of it remains to be seen as you say. Yes $415 billion are ready to go into crypto investments, but it is unclear who will make use of that opportunity. Whether it will even be a substantial number at all. Would be awesome for all of us, but we'll find out right.
NFT is really a good technology, it's just it gets called a mere hype because people always see the bad thing in it, like an NFT art that sold for millions of dollars, as far as I know those are just some outlier or rare occurrence, if you can put that kind of mindset that considers NFT to be bubble aside and see the real use case and technology of it, it could actually a really innovative piece of technology as you can see it can effectively be implemented into game as of now and it's just the beginning.
NFTs will need to time enfold their potential the same way any other technology needs time to enfold. Who would have thought Netflix conquers the world? Or Spotify? Once artists and content creators become familiar with the tech and the frontend becomes more user friendly and agile, I am quite sure a lot of these people will use this avenue to monetize whatever they produce.
KYC exchanges are exchanges that guarantee the safety of their users, there may be some exchanges that do not use KYC, but as such these exchanges are less secure, and look un professional, I really like KYC exchanges because they are of good quality and professional.
Sorry, but I would doubt the first half of your statement a lot! Yes, reputable exchanges that are licensed and well established in the market are quite trustworthy when it comes to KYC. There are a loooot of exchanges asking for your documentation with nothing else in mind but selling your data on the black market. Don't take KYC as a an indicator for the trustworthiness of the exchange itself...
What's the use of such predictions. In a month the market may be at the bottom, we have not yet encountered an adequate correction of all this bull run, besides, $ 20,000, what?
You've created a big headline based on nothing. I hope newbies are smart enough to read this topic beyond the first post.
Every prediction will only be useful for a while, because everything that has happened in the market both in the past and at present is not based on predictions but is always based on demand and supply in the market, if there is a lot of demand, then prices will tend to rise and stay in the market good numbers.You've created a big headline based on nothing. I hope newbies are smart enough to read this topic beyond the first post.
Nevertheless, all this can be predicted. For example, if Elon Musk thinks that bitcoin will cost 100,000 by the end of the year, this will be a forecast.
Whether it will increase demand in this way is beyond doubt. But whether his forecast will come true is not at all necessary, as it has already happened thousands of times.
It is not beyond doubt, it is absolutely unrealistic to think that the market will follow any forecast Elon Musk puts out there. If that was the case, why aren't people dead yet? Didn't Buffet and Gates say Bitcoin will kill people and Bitcoin will pop and Bitcoin is bad and regulators will shut it down? All forecasts, which one applied now?
By the way, the $20,000 prediction is going well. We only need a 100,000x from here.
Everything is possible in the crypto world. I strongly believe one day TRX will be hit $1. But when No one knows. According to coinmarketcap TRX is the 25th number coin. It has daily $630,374,847 volume. Almost all of exchange-listed TRX. Personally, I am buying TRX in this deep, The all time high of TRX was $0.3004 and current price is only $0.057. So it's a good time to collect some TRX, Will sell some at $0.10. I am also buying for the long run, will wait for another all-time high.
TRX is nice to use, super fast and cheap, but don't they lack mass network effects? Aren't they supposed to host a plethora of applications and networks on top of their blockchain? I am not up to date regarding the statistics, but they still lack behind massively, don't they?
Updated.
Apparently things are becoming clearer for Ripple and there are more hopes of coming out victoriously, on the other hand if the SEC goes wrong in this case, it will lose total credibility and will not be seen as a regulatory and protective agent because their arguments are not strong enough, which is great news for all XRP fans and hodlers.
XRP Lawsuit update: Is the SEC dodging the issue with its latest response
Apparently things are becoming clearer for Ripple and there are more hopes of coming out victoriously, on the other hand if the SEC goes wrong in this case, it will lose total credibility and will not be seen as a regulatory and protective agent because their arguments are not strong enough, which is great news for all XRP fans and hodlers.
XRP Lawsuit update: Is the SEC dodging the issue with its latest response
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“Defendants’ arguments based on the Statement ignore that the SEC itself—through a vote of the five Commissioners—and other SEC Commissioners and officials have repeatedly warned those who sell digital assets to the public of the need to comply with the federal securities laws.”
Source: https://ambcrypto.com/xrp-lawsuit-update-is-the-sec-dodging-the-issue-with-its-latest-response/If I understand correctly, isn't this not only good news for XPR holders, but for crypto as a whole? Seeing the SEC experience a serious set back can only be in favor of the crypto industry (even though XRP is no real crypto), right? It is not like the SEC is the one who makes the final judgment, but in fact they have to argue with substance and if they lose now, they might be more careful in the future as well when it comes to other cases.
Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
I honestly believe that you need to have a reason to buy NFT and that is what Kitties were missing. They tried something like kitty fight or something later on if I am not wrong, they tried some reasons, but just the "collectible" idea is not good enough, it will eventually always die down and not worth anything at all.but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
At the end of the day, we are talking about something that is quite expensive, today if you want to swap a token that you never swapped before with the accept thingy and the swap itself the gas fee could cost as much as 15 dollars, of course each time after that is 1-2 dollars but still, to get in you need to spend so much money. I personally do not see myself spending that much to start on just "collectible" stuff. However, these days gaming became a lot bigger and I feel like maybe we could actually see that part of the NFT world grow quite big.
But why did Pokémon work? I have no idea about Pokémon and what you can do with it, but it did work as a collectible. Or these figures from those chocolate eggs work as well as collectibles. Anyway, NFTs can also be applied to art and songs. What if you buy the NFT from an unknown singer that you think will one day go through the roof? I think it could lead to talent search, NFT markets would be the platform for people to browse through trying to find the next superstar buying a piece of his song or painting.
Re: ✅[BOUNTY] LUNALAND 🚀 FLY ME TO THE MOON! 🚀 $150,000 pool! 4 weeks duration!
Bitcointalk username: DrearyUrbanite
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Re: 🍹🍸[BOUNTY] MocktailSwap🍸🍹 The World's First Semi-Fungible Token on BSC ✅SFT✅
Reporting Week Number:Week 8 : Monday, 17th May, 2021 to Sunday, 23rd May, 2021
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Quote
Wasn't listening anyway. I believe in DYOR
That's my vote. Yes, I never listen to Elon, though I believe that he is a vital reason on the success of a bull run but I know it's just temporary and his shilling power has slowly disappeared now. Those who followed, they should learn and it's okay to learn the hard way, as long as we correct our mistakes, we always have a chance to succeed.
He has never really said anything particularly technical, just some minor stuff that anyone knows anyway. Why his words are of value in the literal sense is because everybody knows he could kick off another bull run and then they just jump in for a ride.
There's some news about ETH 2.0 coming from Vitalik.
Even Vitalik Buterin is surprised at just how long Eth2 is taking
Cryptocurrency : Vitalik Buterin says the Eth2 challenge goes beyond technical issues
Even Vitalik Buterin is surprised at just how long Eth2 is taking
Cryptocurrency : Vitalik Buterin says the Eth2 challenge goes beyond technical issues
It is a complicated issue as it is with every large update. I don't know if they some problems like Bitcoin and Bitcoin Cash back then? But I would not know why that could be the case.
Whatever but these updates are probably discussed in the slightest detail and I am sure there is no consensus all the time between them. Especially if you consider that the development individually has money at stake, which is good for the community but also leads to discussions because all of those brilliant minds on the Ethereum development team has their own opinion.
But they can do so much testing that t should be relatively safe. There have been other forks although this is of course a huge one where all players have to agree. It should go well and hopefully have good effects.
You would expect that, but everyone knows what it's like when it comes to testing: it is a different situation under different conditions. The range of unexpected externalities can't be simulated. It's like in a penalty shootout in a soccer game where you hit ten out of ten in training but fail in the middle of a stressful game situation.
I am sure they will roll it out successfully but at the same time I understand how thoroughly they proceed.
It is also not like they are rolling out their first update. The fact alone that they have built Ethereum from scratch provides them with so much expertise that I don't see any issues arising they couldn't or didn't anticipate. Still though there is always some risk involved. Buterin himself says that repeatedly.
Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It?
There are all kinds of ways where you can fuck up even if you keep your paper wallet and your house. Let it burn down or whatever, spill some water over it while typing the keyboard. Let your dog eat your paper wallet with 500 BTC on it. 
It requires caution no matter where you keep it. One thing is for sure: if you keep paper wallets or hardware wallets at home, never talk about it to anyone. That is the worst you can do.
Agreed, I would argue that even talking about bitcoin is a risk right now, after all with the high price of bitcoin if you were to tell people that you have been in bitcoin for years they may believe that you are holding a lot of bitcoin and then try to find a way to steal your coins when you in fact are only a small holder, so it is better to keep that information a secret so no one gets a clue about the fact you are holding some bitcoin. It requires caution no matter where you keep it. One thing is for sure: if you keep paper wallets or hardware wallets at home, never talk about it to anyone. That is the worst you can do.
Yes even worse you could attract some serious hardcore burglars! If they get to know that you have paper wallets at home and have some idea that you might be holding tens or even hundreds of Bitcoin, good night man. They could be coming for you and they won't be nice to you.
Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It?
My bitcoin wallet has not been hacked. It exists in a cold wallet.
As long as you don't disclose your private key to others, hackers can't invade.
I still believe in the security protection of bitcoin.
Even if you do not give out your private carelessly, simply making silly mistake by connecting your network to phishing WiFi results to the lost of your bitcoin by scammers who search in your device looking for your private keys, so you can win the hackers by storing your funds offline as this is the best way of keeping your secret keys.As long as you don't disclose your private key to others, hackers can't invade.
I still believe in the security protection of bitcoin.
There are all kinds of ways where you can fuck up even if you keep your paper wallet and your house. Let it burn down or whatever, spill some water over it while typing the keyboard. Let your dog eat your paper wallet with 500 BTC on it.
It requires caution no matter where you keep it. One thing is for sure: if you keep paper wallets or hardware wallets at home, never talk about it to anyone. That is the worst you can do.
There's some news about ETH 2.0 coming from Vitalik.
Even Vitalik Buterin is surprised at just how long Eth2 is taking
Cryptocurrency : Vitalik Buterin says the Eth2 challenge goes beyond technical issues
Even Vitalik Buterin is surprised at just how long Eth2 is taking
Cryptocurrency : Vitalik Buterin says the Eth2 challenge goes beyond technical issues
It is a complicated issue as it is with every large update. I don't know if they some problems like Bitcoin and Bitcoin Cash back then? But I would not know why that could be the case.
Whatever but these updates are probably discussed in the slightest detail and I am sure there is no consensus all the time between them. Especially if you consider that the development individually has money at stake, which is good for the community but also leads to discussions because all of those brilliant minds on the Ethereum development team has their own opinion.
But they can do so much testing that t should be relatively safe. There have been other forks although this is of course a huge one where all players have to agree. It should go well and hopefully have good effects.
What did you want from Elon? I'm sure he hasn't finished this epic yet.
That's what I believe, too. It would be as if he says hey guys I have proven I can build a Tesla, let's pack it. He has a plan up his sleeves.