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Messages - Noverteno

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Cryptocurrency discussions / Re: Every movement up, leads deep down !

« on: December 08, 2022, 09:20:21 PM »

So far we are really seeing this trend in this market. An example is the recent rise in the price of bitcoin to $68,000, and with it a similar rise in all potential altcoins, after which we have been in another bear market for a year now. The same price up and down cycles have happened before. Moreover, the growth and fall of 70-90 percent in the cryptocurrency market can already be considered the norm.
The high price volatility of the cryptocurrency attracts many participants in this market.

News related to Crypto / Re: 3 reasons why Ethereum price keeps rejecting at the $1,300 level

« on: December 08, 2022, 09:00:39 PM »

Ethereum is one of the most promising coins in the cryptocurrency market. After the recent transition to the PoS algorithm and a number of updates that increase the efficiency of this network, this coin is expected to continue to grow. In a period of great change, the number of skeptics also grows. But I will keep ethereum coins, because I believe in their prospects. Now the whole market is going through hard times. Coins may temporarily fall in price, but the best will survive, led by ethereum.

Cryptocurrency discussions / Re: ETH Holders To Get Max Pain By December

« on: December 07, 2022, 06:40:09 PM »

So far, I don't see any major negative impact on bitcoin and ethereum after the FTX crash. Bitcoin continues to be in the price range of 16-17 thousand dollars, and ethereum at the level of 1200 dollars. It is unlikely that the price situation will change significantly in the near future for the worse. Due to the fact that the hacker is exchanging 15,000 stolen ethereum coins, the price of this coin may drop slightly for a short time, but this cannot pose a threat of a price collapse for it.

Cryptocurrency discussions / Re: China Proposes an 'Asian Yuan' to Reduce Dependency on the US Dollar

« on: December 07, 2022, 06:21:57 PM »

The move was logical after China launched its digitized yuan. Many predicted that after that, China would want to introduce a regional digital currency in order to increase its influence in its region and at the same time weaken the influence of the dollar. We are seeing a continuation of the economic war between China and the United States, which has been going on for a long time.
Now the situation continues to change rapidly due to the ongoing Russian war in Ukraine and the periodic increase in tensions between China and Taiwan.
So far, China does not dare to enter into an open conflict from the United States, since this country is largely dependent on the technologies of the United States and Europe.

Cryptocurrency discussions / Re: Coronavirus And The Crypto World.

« on: December 06, 2022, 06:54:32 AM »

Quote from: trauchot on March 31, 2022, 08:42:04 AM

The whole world has already forgotten what Coronavirus is, now people are already worried about other problems, and in general, over all these years of the existence of Coronavirus, the cryptocurrency market, on the contrary, has only grown and reached new heights and also many people lost their jobs during Coronavirus and they was investing their money in cryptocurrencies.

Problems are known in comparison. Previously, in Ukraine, every day they filled up with numbers about patients with coronavirus. Moreover, this was presented throughout the country as a whole, and by regions, and in various comparisons with past periods. After the Russian attack, the coronavirus is almost never remembered, although it has not disappeared anywhere. Now every day they announce reports from the front about the number of dead Russians and military equipment of the occupiers. Given the successes of the Armed Forces of Ukraine, this is a more interesting statistic.
It seems to me that the negative role of the coronavirus pandemic in society has been exaggerated with a specific goal, but in most cases the goal is known - money.

Cryptocurrency discussions / Re: Some governments have plans to launch their own cryptocurrency

« on: December 06, 2022, 06:10:48 AM »

Quote from: Speaker on July 12, 2022, 06:13:43 PM

These are all closed projects and blockchain created to solve certain tasks-such as total control over user funds. I don't think we can easily use these technologies.

By creating their own CBDC, governments significantly improve the operation of their cashless payments. This is already a big plus for the state and for its citizens. All the money of the states is clearly controlled by them, so there is nothing special in such control. Citizens will be happy to use CBDCs if they are more convenient, faster and cheaper. The control of the states here is compensated by their authority and relative safety in use. Those who want decentralization will turn to cryptocurrency. Everyone will have their own choice.

Cryptocurrency discussions / Re: Getting Rid of Fiat Money

« on: December 05, 2022, 10:16:28 PM »

Quote from: Folderol on November 10, 2022, 11:08:57 AM

In general, fiat currency prices are more stable than cryptocurrency prices and values. Because cryptocurrency is still relatively new, it may one day be as stable as money. Each has pros and downsides, but cryptocurrency use is increasing. While cryptocurrencies can be used to make payments, we are not yet at a place where they pose a danger to fiat currencies.

A decentralized cryptocurrency cannot become price stable. In this it differs from fiat and will always differ from it. But the main thing is that the cryptocurrency is not able to replace the national currencies of states. The currency of states is the equivalent of the value of all commodity values, and which may be in circulation on the territory of this state. Therefore, the development of the state economy through fiat can be planned. This cannot be done with cryptocurrencies. In addition, states will simply not allow their fiat to be replaced by cryptocurrency.

Cryptocurrency discussions / Re: Top Altcoins Ready to Explode Anytime in 2023.

« on: December 05, 2022, 09:59:05 PM »

In the cryptocurrency market, various negative events happen quite often, but it always recovered after a short time and continued to grow. So it will be this time. While we are in an ongoing crypto winter, bitcoin and other cryptocurrencies can start to recover at any time. I don’t think that it is necessary to list here those coins and tokens that will continue their price growth after that, since the majority will grow, and especially those that have a relatively high level of capitalization.

Bounties & Rewards [BOUNTY] / Re: [🦊BOUNTY/SIGNATURE🦊] [Escrowed] Pawsome Game - 15,000 QIE coins (4 weeks)

« on: December 03, 2022, 05:17:54 PM »

Cryptocurrency discussions / Re: Crypto Winter May Be Extended!

« on: December 02, 2022, 12:04:18 PM »

Quote from: Pacar Tiri on December 01, 2022, 03:09:01 AM

As we know, bearish will happen 2 or 3 years until bullish while bitcoin halving.
that's normal.
I think long bearish as many people prediction will happen.

Cryptocurrency has repeatedly demonstrated that there are no pre-established patterns and rules for it. It is believed that once every four years, thanks to the Bitcoin halving, the cryptocurrency market rises very high in terms of price. Yes, so far it has been so, but we cannot say that prices will continue to rise with such a frequency. Demand and supply are influenced by specific actions of people, and people do not always act according to a pattern. Therefore, I think that the bearish cycle will end much earlier than 2024. Negative news always has a short-term effect on the market.

Cryptocurrency discussions / Re: Telegram plans to launch its own decentralized crypto exchange

« on: December 02, 2022, 07:47:04 AM »

All creators of new projects say beautiful words about the uniqueness of their project, decentralization and new amenities for users. But in practice it turns out not always as planned. Therefore, I want to first see and use a new crypto exchange and then it will be possible to talk about something. We already have 528 crypto exchange. Let's see how much the 529th is different from them for the better.

Banks & Cryptos / Re: Bank of Russia Aims for Full Launch of Digital Ruble in 2024

« on: December 01, 2022, 05:53:52 PM »

Russia has long been talking about issuing a digital ruble. At one time, even the Russian Sberbank was going to issue it. But then everything calmed down. Now it is not known what will happen to Russia itself after its attack on Ukraine. It is quite possible that this country may break up into many independent states and this project will be buried.
Now many states are developing programs to issue their national digitized stable currencies. Therefore, it is not surprising that Russia plans to launch them. So far, this process is going very slowly.

Cryptocurrency discussions / Re: Threat of World War III: Will Cryptocurrency Survive?

« on: December 01, 2022, 05:35:02 PM »

Quote from: Bliznec on November 30, 2022, 10:13:40 AM

Dear theme author. This is not a political forum, but a cryptocurrency one. Moderators, why are you allowing this?

Cryptocurrency cannot exist in a vacuum and not be influenced by global processes that take place in this world. Now, more than ever, the world is on the verge of World War III, and its possible impact on cryptocurrency is being discussed here. Therefore, I believe that this topic corresponds to the focus of the forum. At the same time, it would be nice to have a separate "economics" section, as is the case on the bitcoinstalks forum, where you can discuss various economic issues that would be directly or remotely related to cryptocurrency. There is a "Further Discussion" section here, but the posts in it are probably considered low-quality, as they sometimes do not increase the number of messages sent.

Bitcoin Forum / Re: No Bitcoin, who will lead crypto then?

« on: November 30, 2022, 08:33:33 AM »

If the price dominance of bitcoin for some reason disappears, the situation with the dominance of the cryptocurrency market will resolve itself and very quickly. Most likely, there will no longer be a very rigid one price dominant on the market, and this, in my opinion, will have a positive effect on the price identity of each cryptocurrency. It seems that then there will not be such long and protracted cryptozymes as now. But let's see how it will be in practice. In any case, this period should not be feared.

Bitcoin Forum / Re: Bitcoin Dominance Predictions?

« on: November 30, 2022, 08:18:43 AM »

Quote from: alltalk on October 05, 2022, 11:36:56 PM

Seriously? How long crypto has been right here? It is more than 10 years and there is no altcoin that can replace the dominance of Bitcoin, moreover the shit coins. I am sure that the dominance of Bitcoin will always happen, and never be replaced. Because Bitcoin is the first cyrpto, there is no coin that has a market cap as high as Bitcoin,the vaue and also trust on Bitcoin also never be beaten.

Ten years are very little for any market, especially so different from other existing markets. So far, only about 20 percent of the population of our planet use cryptocurrency. But already against the background of this, bitcoin is very far behind its functional characteristics, although it still retains positions in terms of security. Altcoins develop much faster and over time, bitcoin can bypass. While Bitcoin is kept at the expense of the faith of its holders that for a long time he will grow in price. This factor will disappear and the situation on the cryptocurrency market will change for the worse for bitcoin.