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Cryptocurrency discussions / Re: Bullish market
« on: August 06, 2020, 05:48:43 PM »I expect it to do Litecoin,What is the correlation between zcash and litecoin. Thought litecoin halving happened some months ago.
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I expect it to do Litecoin,What is the correlation between zcash and litecoin. Thought litecoin halving happened some months ago.
We are evaluating projects based on:It's decentralized finance tokens that dominate that list. Ocean protocol has been growing immensely in the last couple of days. I think REN is having some kind of new update to their community.
- Social Engagement Volume
- Positive Price Change
- 7D Trading Volume
I respect our brothers and sisters inside and outside of this forum who are going through in pandemic. Also it is unethical to say Blessings in Disguise where some lose their love ones.Blessing in disguise to me and real blessing to those who were waiting for the market fall and pick up at low prices. My portfolio bleed so badly, affected emotionally but what do I do. Lesson learned and I have move on.
Please don't misunderstand the topic this is just about crypto, nothing more nothing less.
In my point of view in some areas this pandemic is blessings in disguise through rest of mother earth, family time, and specially in cryptocurrency in terms of DeFi enhancement while the people is at home. DeFi can help greatly the community to do transactions through Digital Finance conveniently, saving time and risk to health.
Because Ethereum is already 5 years old today I want to share my experience while holding ETH Wayback 2015. When I first entered into the crypto space in 2015 my first investment in crypto was with the Bitcoin and it was price $200 at that time and I get my Bitcoin in cloud mining contracts. while I bought some Ethereum at the price of $0.71 in the same year and I thought that Eth price will not grow beyond further because of its huge total supply but I'm wrong instead it grew up to $18 per coin But after the DAO hacking incident at that time the price continues to drop and because I'm already in Panic I was sold all my Eth at the price of $11 and that was the biggest mistake I've made so far because I never expected the ETH price to reach $1000+ in 2017-2018. Ethereum was still strong in 5 years. How about everyone can you share your experiences about Ethereum in the past 5 years Don't hesitate to share it below!Lesson learned but you have to move on. I bought BNB binace coin last December at the rate of $15/ BNB, the price went to $25 went they announced their cloud exchange but I refuse to sell thinking it will go higher. It was later when pandemic black Friday blew up my portfolio, I lost my profit and capital.
Regulation is a great enemy of cryptos and as such, it is unnecessary for the it future growth. Once there is regulations, we are gonna see control by governments and institutions like banks coming in, because they known that cryptos and the blockchain that brought the cryptos has actually come to change the way things has been done before now. In short no need for regulations.As much as dislike regulations, I think there is pro and cons in everything.
Sometimes, I gotta admit, that I can spend relatively a lot of money on the comission. I hope it will change somehow. I don't know how the other users can put up with it. Is there any legal way to avoid the fees?This is where XRP comes into play, they have low fees and faster in handling transactions speed. Most of this fee isn't the developer's fault but the smart contract. Sending tokens through smart contracts tend to have high fee esp ERC20 tokens.
I don't know exactly what is the reason probably I think ripple is a connection with many banks this is the legalized system so they can track all transactions very easily so there is no privacy so lot of cryptocurrency users are believe on decentralized platforms .If I remember very well, there were some news going around late last year that the CEO and the team were dumping coins on investors. They sold about $50 million worth of XRP from lock XRP coins.