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Messages - tervel

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Cryptocurrency is barely a speculative investment these days. Retail and institutional investors are taking the digital assets very seriously. With so much going around the digital currency, investors are treating them as useful for not only short-term profits but also for long-time investment.

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Ethereum Forum / Re: Ways to reduce Ethereum's gas fee
« on: October 27, 2021, 02:58:48 PM »
As demand on the Ethereum blockchain has rapidly increased due to the success of decentralized finance (DeFi), the blockchain itself has become strained. With this strain, gas fees have become astronomical; at times costing more than a wire transfer.

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Bitcoin’s bad impact on the environment is not only about the amount of energy it consumes.The type of energy used also matters. Particularly when we’re speaking of polluting, non-renewable energy, as is the case with most of the energy used in the Bitcoin network.

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Cryptocurrency discussions / Re: Which blockchain are you a fan of?
« on: October 26, 2021, 10:48:45 AM »
Binance Smart Chain or BSC is an alternative to Ethereum and other leading DeFi platforms. BSC gained popularity after Ethereum failed to prove viable to those who couldn't afford the fees. BSC uses delegated proof of stake, allowing it to process more transactions per second and at a lower cost.

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 Burning currencies is an easy and most common way to reduce the supply of symbols, which leads to higher prices. Binance will have more users, have more profits and burn more BNB, and the price of BNB will continue to rise. Binance created the perfect loop to raise BNB prices for promote Binance.

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Cryptocurrency discussions / Re: Why Altcoins are dependent variable?
« on: October 26, 2021, 07:48:44 AM »
The fundamental reason behind altcoins following Bitcoin is because altcoin prices are typically measured in Bitcoin. The original crypto asset may be flanked by over 3,000 competitors, but it still commands over half of the entire cryptocurrency market cap. This domination of the crypto market affords Bitcoin a lot of influence and control.

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By means of a well-thought-through tweaking of the suggested regulations, a verified network can collectively be built to ensure trust and properly leverage blockchain’s potential, while barring those bad actors intent on corrupting or manipulating the system.

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Bitcoin Forum / Re: Will Bitcoin rise again?
« on: October 25, 2021, 03:04:24 PM »
With inflation rising in many large economies, follows that major central banks will as a result raise rates. Against that backdrop, bitcoin's purported inflation-proof qualities have also driven recent gains. I think the price will reach a minimum $75000.

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If you do choose to purchase digital currencies or tokens, think they are new.  There may be significant risk involved in putting your money into something that hasn’t been around very long. A good rule of thumb when investing in a new product is to investa little money.

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When investing in any crypto, remember to check if there is an inherent utility to the coin. Binance uses around one-fifth of its profits every quarter to eliminate or “burn” BNB tokens. The reason for destroying or “burning,” coins makes sense: it increases the worth of the remaining tokens.

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Cryptocurrency discussions / Re: What will Bitcoins be worth in 2025?
« on: October 24, 2021, 03:06:21 PM »
 Bitcoin tends to cycle every four years with each halving. With another halving ahead in 2024, the price of Bitcoin will begin to increase again as the supply is further slashed. This could start another bull market.

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Bitcoin Forum / Re: Will ethereum overtake Bitcoin?
« on: October 23, 2021, 05:03:50 PM »
Ethereum is already years ahead of Bitcoin in everything but price and fame. But, is it really a foregone conclusion that the world’s first, largest and best-known cryptocurrency is ready to relinquish its market-cap crown? Maybe not.

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Cryptocurrency discussions / Re: Best Purchase of Crypto Currency
« on: October 23, 2021, 08:38:49 AM »
From Bitcoin and Ethereum to Dogecoin and Tether, there are  different cryptocurrencies, which can make the best purchase. Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. With a price of $480.00 at the moment for me it is a good purchase.

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Cryptocurrency discussions / Re: Why you support altcoins investment??
« on: October 23, 2021, 07:49:18 AM »
Altcoins are an inexpensive and easy way for investors to broaden their horizons and diversify beyond Bitcoin. Cryptocurrency markets have produced returns that are many times greater than those made by Bitcoin.

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