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We never know what the future will be but there are still possibilities that old coins could still shine with defi, even though there are lots of new coins that will be out. For sure every coins have their potential to make some good profit so it would be best to research whether if the coins is improving and keep an eye on it.
I think the hype of NFT is not yet over just because we are having a bearish market, NFT hype is just starting , there are also lots of new NFT that could blow up in the future when we say the the bullish market comes.
NFTs are now very popular these days maybe because of the unique use of it. In Crypto Game like Axie Infinity, Cryptokitties and CryptoFighters you can earn by playing the game but first you must buy your character or pet to use it in the game it depends to you whether if you want to improved your account or not. There are also NFTs like WarziX which is the platform that features exclusive artworks from the artist where you can bid it to buy or sell if you want to. And I think they are lots of different kinds of NFTs that will be made in the future because of its good progress.
you will get it probably in the next month when the correction will continue in the crypto market.
we can see the market is improving a bit in these two days but the correction is also happening again. it may look more severe and you can spend your money to get your BTC more.
I myself keep buying BNB to fill my wallet. We will see progress in 2-3 years in the future.
Yes, we could say that the progress is too long to see the changes in the market that much because these past few days we could see in the market that it just goes high and low little by little, so for the moment as we having a bearish market we should choose our bias coins which do we think that will give us good profit for the next bullish season. For me, I would go for the top crypto in coinmarketcap or coinmarketcal like ETH and BNB.we can see the market is improving a bit in these two days but the correction is also happening again. it may look more severe and you can spend your money to get your BTC more.
I myself keep buying BNB to fill my wallet. We will see progress in 2-3 years in the future.
I think having a bearish market is really not a good time for altcoins but that just how market works sometimes is in bullish and sometimes in bearish and for now is a bad time as we can see the price of altcoins but the good thing is that we can buy the altcoin we wants and hold it till the bullish market comes.
Re: 🔥🔥[BOUNTY] Dolphins Finance -Trusted Platforn total reward 1,270,000 DOLPH🔥
##PROOF OF AUTHENTICATION##
Bitcointalk Username: vlast01
Telegram Username : @tonsace
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BEP-20 Address: 0xC43e027eC41326e4459edeC744CBB05Cc857053e
Bitcointalk Username: vlast01
Telegram Username : @tonsace
Campaigns : Signature
BEP-20 Address: 0xC43e027eC41326e4459edeC744CBB05Cc857053e
Re: [Slot open][Signature] Non Fungible Defi Full Member To Legendary/ Paid in BTC
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BTC Address: 32ScDQTQEdM7eKZ4CvZtr9buW9pmbMXQLj
If you are a newbie in crypto world you are bound to make some mistakes but this thread is for you on how to avoind making those mistakes
1. You dont want to skip the learning part- You need to have an idea of what youre going to even if it is to make a research about it. You have read about an asset before you invest in it to know exactly what they are building.
The better way to get the most useful information of such project is by the used of these forum as you can see most of information related to Bitcoin and other crypto currencies are posted on these forums and every each information posted by the moderators are more accurate and reliable. 1. You dont want to skip the learning part- You need to have an idea of what youre going to even if it is to make a research about it. You have read about an asset before you invest in it to know exactly what they are building.
Quote
2. You want to avoid using the wrong crypto exchanges. This is one thing you want to avoid because it can make you lose all your assets. You need to research about the exchange before even registering. Some exchanges have fake volumes and are not transparent enough.
Better to inspect carefully and thoroughly to ensure that your funds are in good hands.Quote
3. You dont want to rely on a single coin- Diversification is very important when it comes to investment. You dont want to put all your eggs in one basket.
Yes! Its really are important to know that you should invest a money that you can afford to lose.Quote
4. You want to avoid the fear of missing out (FOMO)- When you see everyone buying a trending coin you dont jump in, it might too good to be true
You should have better control on your emotion and don't act harshly its better to observe first the market then decide accordingly on what you seems right based on your observation.Quote
5. You dont want to forget the basic security. Keeping your private keys safe is very important. As a newbie you should understand how important private keys are. Also 2 factor authenticator shold be added to all your exchanges
Always keep your private keys in safe and never trust anyone but yourself. Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close
And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?
Its good to hear that there are already a vaccine for COVID-19 but the really problem is that how long does these vaccine be distributed in every each country. The distribution will take too long I believe due to different cases. As of now bitcoin have been improved its value and will continue to grow due to pandemic. The digital currencies as of today's are at most used on every transaction and soon people will gonna used to it due to its convenience so Bitcoin price will still be popular.https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close
And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?
As of today's market I may say that its profitable to buy more crypto right now while the price is not that high, because due to the pandemic everything have change from the daily routine of each of everyone and specially changes that occurs on every each economy of every each country. As of now due to pandemic the demand for Fiat money have been decreased a lot while the demand for digital currencies have drastically increased in these past months so as one of digital currencies Cryptocurrencies will be benefited by these changes, as you can see lots of banks today are Bitcoin related and supported.
Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it, I participated in youengine bounty campaign for about a week, although it lasted for quite a while,the bounty had about 4 rounds, the bounty ended about a week ago i guess and distribution of "youcash" started, I received about 307 youcash tokens as shown below
By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$
Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?
By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$
Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?
Bounty hunters do contribute on these pump and dump of tokens but the dumping of token are not solely made by bounty hunters, Most of these dumping and pumping process are made by a bigger group which do really has the control on the market. As you know the one that holds the mist number of such tokens will have a better control on the market if these person/campany/organization plan to raise the value of such tokens one group will do the selling/dumping and the other will do the buying/pumping and while doing these process they make the advertisement and different way to gain popularity to public and soon recognized and as the popularity arises more people will do the pumping and dumping. And when the price of such tokens have reach the planed peak the organization will dump a huge amount of such token to gain profit while other people are pumping/buying of such tokens. So the sudden dump of huge amount of token will really hit the market and will cause a huge drop on the price.
Re: How long will it take banks to phase out physical cash completely?
As we enter the digital realm due to the effects of COVID-19, the process of central banks phasing out physical cash from existence might take place soon. Before the outbreak, we've been accustomed in using credit/debit cards and contactless payments greatly eliminating the need for physical cash. Now that we're in a "COVID Era", things have accelerated quite a bit. Banks and governments are in talks of adopting CBDCs which could completely eliminate the need to pay for things with physical cash.
Now the real question is, how long will it take banks to start the transition from physical to digital cash (CBDC)? Do you think that physical cash will still be used right after governments adopt CBDCs in their entirety? Or will it take decades before every single person in the world stops transacting with physical cash, paving the way for a full-fledged cashless society? Your input will be greatly appreciated.
well its not easy to completely erase the existence of physical money/ fiat money, because it mostly depends on the demand of it on the society as long as there are demand for Fiat, Fiat money will remain exist. And also the government will take a lot of time to completely change the currency system from fiat to digital. Now the real question is, how long will it take banks to start the transition from physical to digital cash (CBDC)? Do you think that physical cash will still be used right after governments adopt CBDCs in their entirety? Or will it take decades before every single person in the world stops transacting with physical cash, paving the way for a full-fledged cashless society? Your input will be greatly appreciated.
Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.
Thanks
As of now bitcoin price are building up due to sudden changes cause by the pandemic. The demand on Fiat money have decreased drastically these past few months while the demand on digital currencies continuously increasing. Cryptocurrencies are getting and getting popular and everything is hype up, so its better to invest while the price still low.Thanks
Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins are still make to once rise again. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.
With the ever-increasing need for social distancing, people are recurring to online payments and e-commerce sites. The longer it takes to find a cure for the disease, the faster our world will change economically. During the pandemic, people will be using credit/debit cards more than physical cash itself. It's no wonder since physical cash is known to carry germs and bacteria with them.
Now, imagine an scenario where the cure for COVID-19 have been found while people are directly attached to the online world. The economy might never be the same as before, since people will start to value intangible items over tangible ones more thoroughly. A world where everything is digitized or "tokenized" seems to be the economy of the future. By then, each country will have its own CBDC living alongside traditional cryptocurrencies we know and love today. China might be the first country to launch a CBDC, followed by the US and several other countries. The launch of government-backed digital currencies wasn't a subject that heavily touched by world leader before the pandemic. Now that coronavirus encourages social distancing, things will accelerate quite a bit in the development of CBDCs for the whole world to use.
How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated.
If there's a complete cure for covid 19 in the mere future, the economy will soon rise again because right now due to pandemic the production rate of all products has been reduced that lead to lack of supply that cause a huge drop on our economy, and if the restrictions(social distancing, quarantine, lockdown and etc..) have been lifted the shortage of production rate will again increased due to increased in man power.Now, imagine an scenario where the cure for COVID-19 have been found while people are directly attached to the online world. The economy might never be the same as before, since people will start to value intangible items over tangible ones more thoroughly. A world where everything is digitized or "tokenized" seems to be the economy of the future. By then, each country will have its own CBDC living alongside traditional cryptocurrencies we know and love today. China might be the first country to launch a CBDC, followed by the US and several other countries. The launch of government-backed digital currencies wasn't a subject that heavily touched by world leader before the pandemic. Now that coronavirus encourages social distancing, things will accelerate quite a bit in the development of CBDCs for the whole world to use.
How do you think the economy will be after COVID-19's demise? Will it gradually recover? Or will it stay the same? Will central banks collapse to a point where only people transact with decentralized cryptocurrencies in the free world? Your input will be greatly appreciated.
As for the banks I think they won't face any problem on that because they can easily change Fiat to digital or vise versa due to the help of the government and the society itself.
This will increase the creativity in bitcoin world.Have we thought of this, I’m seeing bitcoin leading the world as the world power cryptocurrency.If a president of the world power is a trader and in support of bitcoin, It will affect bitcoin positively, countries,people will now start to legalize bitcoin on their own.So it will be great if this happens, I do understand that bitcoin is not a physical cash, that doesn’t stopped anything,You can move with millions of dollars in your wallet as bitcoin. It will be a positive impact if this happens.
IMO, even thou it will affect Bitcoin positively and became legalized. I do expect that the government/the one with a power will try to monopolized the most number of it in order to have a better control on the market and society so it's a drawbacks for the simple Joe's and bounty hunters.No where in the world is currently safe from Cov-19 and there is lockdown in every country today, this is the best time to gain people's trust, online job seeking have increased through Google search and new people are getting into crypto investment, what is the best time to release your project if it's not now?
Online transaction as of today are mostly of used and digital currencies are in demand these changes will bring a lot of impact in crypto world as one of digital currencies. people are striving to survive and are looking any may to earn money through online so I may say that it's a good way to release or launched the projects.Pandemic sure changes everything and people have to adjust on these changes. These changes have brought a big impact in every each life in every each country and up till now everyone are trying their best to survive. Most economies are under going recession, Demand on Fiat money have decreased, Every transaction are done online, Economy production have been severe, price of goods have been doubled and the end of these pandemic hasn't seems yet due to complication on the production of vaccine.
Re: Have you received a call/text recently from a friend/fam asking about Bitcoin?
Was just kind of curious if many of you also tend to get random calls or texts every time bitcoin goes on one of it's runs from family/friends/acquaintances asking you about bitcoin/how it works etc. I'm also curious if you're getting more calls/texts this time around, or about the same as other rallies?
I found bitcoin back in 2013/14 so many of my friends and family members know this and I always get calls/texts during times like these. Often conversations from people I've not spoken to in some time. This conversation I think can provide a unique insight on where things might be heading..
We do have the same situation on my part I found bitcoin at the year of 2015 and started year 2016 Everytime I manage to participate on any bounty campaigns my friends always asking me about it and wether the campaign are still open for participants, so before participating in any campaigns I inform my friends about it coz I believe the more the merrier and It's make me more motivated to do the task.I found bitcoin back in 2013/14 so many of my friends and family members know this and I always get calls/texts during times like these. Often conversations from people I've not spoken to in some time. This conversation I think can provide a unique insight on where things might be heading..