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Messages - Astra

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46
As we may observed, bitcoin is the first crypto and has the largest community world wide. Bitcoin dominance will always be on market as far as it is the first crypto and the must traded with huge marketcap. Dominance will continue because Bitcoin drive the entire crypto market movement everyday. I don’t there may be any chance to the end of bitcoin dominance now or in near future, we may be experiencing certain reductions at some point but bitcoin will continue to prevail even as it dictate the market price movement.
In the world of cryptocurrencies, in principle, as in any other market, everything can change very quickly. Bitcoin is just a cryptocurrency, although the first one. It will not forever dominate altcoins in terms of price, as it already lags behind them in many ways in terms of its functionality.
The dominance of one coin, in my opinion, is not inherent in a decentralized market and it will be much better if it does not have such a rigid dominant.

47
Bitcoin Forum / Re: BTC VS Gold
« on: November 25, 2022, 10:42:17 PM »
I think Bitcoin will be seen in place of gold in the next few years.  Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold.  Bitcoin has already exceeded $19,000.  There is no doubt that Bitcoin will exceed $50,000 in the next five years.
Even if bitcoin increases in price several times, it will never be able to replace gold. Bitcoin and gold are so different that they can only complement each other, not interchange.
It should be borne in mind that gold has existed as money, jewelry and value in general for more than one millennium, while bitcoin is only 13 years old and its price is too volatile. In addition, bitcoin depends on technology, and if any of them fails, this will be a big problem for its holders.
In any case, many people will prefer the eternal value - gold.

48
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50
When the cryptocurrency market goes down, you definitely shouldn't just do nothing. Drink coffee and buy more bitcoin. While the price is so low that in two years, we will see a BTC halving. This is an incredible event that is waiting.

Yeah, we should wait for two years and drinking coffee. lol
Market will always pump and dump during bearish season.
So we should have coffee every day.
Better to buy more and hold when dump, go to kitchen or cafe , buy coffee and enjoy your life.
Crypto currency is unpredictable, So keep calm mate.
It is said that drinking too much coffee is bad. Everything must be consumed in moderation. This bearish period, which can also be called a crypto winter, has been going on for almost a year. If you constantly drink coffee during this period, you can damage your health. At the same time, I don’t think this crypto winter will continue until the next Bitcoin halving in 2024. The situation in the cryptocurrency market can change any day now. But it depends on many factors and events that take place in the world in the economic, financial, and even political sphere.

51
Founder of Alibaba and China’s richest man Jack Ma believes that digital currency could redefine value. The billionaire founder added that digital currencies could help create a new global financial system while targetting on global regulations. Jack Ma: Digital Currency Is a Solution to Future Problems On October 24, 2020,...

Collected from Telegram channels

It's a good news, and hopefully famous person such Alibaba , Elon Musk and other will support and allow bitcoin and altcoin as payment method at their business.
I personally believe bitcoin will change the world and make people do transaction and investment easily.
We all see bitcoin is more popular and I believe It will be needed at the coming future.
Jack Ma is talking about digital currency in general, not about cryptocurrencies. Government CBDCs also apply to digital currency, but not to cryptocurrencies. The digital currency really has a future and is supported by almost all states, if we consider their CBDC. It will significantly enhance the efficiency of non-cash bank payments.
As for cryptocurrencies, I do not believe in their ability to surpass the national currencies of states. Even if they had such an opportunity, the states would not allow them to do so. In their hands is the regulation of the circulation of cryptocurrency in their territories and this is a very powerful weapon.

52

Now, in case the invasion can push through in time for the Winter Olympic in China...will this be a big factor to further dampen the cryptocurrency market or will it be an impetus for it to bounce back?
Russia's military invasion of Ukraine really happened. Putin launched the most brutal and bloody war since the Second World War in the center of Europe. Of course, his goals are quite simple: it is the seizure of the territory of Ukraine and the extermination of the pro-Ukrainian population of Ukraine. In the 21st century, this sounds at least monstrous and should be sharply condemned by civilized society.

Previously, many believed that the war would contribute to the growth of cryptocurrency prices, but this did not happen. However, various factors may have an influence here, including the current bear season, which has been going on since the end of last year.

53
Russia's full-scale military attack on Ukraine is only one of the causes of the current global economic crisis. The fight against the coronavirus pandemic and its consequences, as well as the current global climate change, have played a significant role here. All this has led to the fact that the economies of states cannot cope with the high costs that have arisen.
Since all markets are interconnected, the cryptocurrency market has been in a bearish period this year. Nobody knows when it will end. However, the situation can change for the better any day.

54
Now there is a war not only between Ukraine and Russia. From the first day of Russia's large-scale invasion of the territory of Ukraine, the Russian attack was also from the territory of Belarus, and until now, rocket fire on the territory of Ukraine continues periodically from the territory of Belarus, and it is also attacked by fighters and bombers. Also, Belarus has already sent 235 trainloads of ammunition to Russia for use in Ukraine. In fact, Belarus is an ally of Russia and is waging war against Ukraine. There are a good number of Syrians on the front lines of Ukraine, whom Russia has recruited as volunteers for the promise of a decent monetary reward. Russia also seeks to attract the CSTO countries to fight on its side, but so far has not been successful.
Volunteers of some states are fighting on the side of Ukraine, but mostly Ukrainians are fighting themselves, using military, financial and humanitarian support from over 50 states.
Given the reality of Putin's use of nuclear weapons, the world is heating up.

55
If you want a tech-free analogy for normie friends, I like this charmingly nerdy one from the Ethereum Foundation itself: "Imagine Ethereum is a spaceship that isn't quite ready for an interstellar voyage. With the Beacon Chain, the community has built a new engine and a hardened hull. After significant testing, it's almost time to hot-swap the new engine for the old mid-flight.
Ethereum's sinking fortunes following the merge belies some analysts' assertions immediately following the upgrade that the impact of the merge on the value of ETH had already been priced into the market.
The upgrade of the Ethereum network lasted two years, and its completion took place during the bearish period. Therefore, we did not see the expected price growth of this coin. True, there was good growth shortly before the completion of the merger. But since everything ended successfully, let's hope that the updated ethereum will still show itself. Therefore, we expect the end of the bearish period. Perhaps this autumn we will see an improvement in the situation in this market.

56
Stable Coins Forum / Re: Is Stablecoin the Next Big Thing in E-Commerce?
« on: October 08, 2022, 08:46:52 AM »
I think stable coins are just digital versions of fiat, and since they are pegged to fiat, their prices can be completely manipulated by the government. It is just a bridge for fiat & crypto, and it is a store of value when the market fluctuates.
Governments can manipulate the CBDC they issue, but not private and commercial stablecoins. Although non-state stablecoins will be regulated on a par with cryptocurrencies. But so far, very few CBDCs have been released, so it's hard for us to compare them with each other. But practically CBDC is an improved version of non-cash payments of the state and it is not a cryptocurrency.

57
TRON (TRX) Forum + Ecosystem / Re: What is the current position of TRX?
« on: October 08, 2022, 08:31:39 AM »
Tron haven't be what I thought it will be for now, on coinmarketcap is ranked 16 and the price keeps declining day by day during this bear market.
 I don't trade, I just buy and hold but with the situation of crypto market lately I just have to stake my Tron to be gaining something better with Earn+ on Trofi Wallet and leave the one on my Binance til everything stabilize.
The price of Tron has dropped decently due to the general price drop in this market. But the fall of this coin is not as strong as in bitcoin or ethereum. At the same time, I do not see any particular success of this network. Tron is a fast and cheap coin with low transaction fees. But in order to enjoy further success, it needs to develop further. In the meantime, Tron has certain problems with this.

58
Cryptocurrency discussions / Re: Worth to invest in gaming tokens
« on: October 07, 2022, 06:33:13 PM »
The gaming world is also evolving. Therefore, the best of them will be in demand, and so will their tokens. Others will slowly die. Everything is the same as in regular markets.
But people from ancient times demand bread and circuses. Part of the spectacle is given by the world of electronic games, which has been progressing very much in recent years. You can invest in game tokens, you just need to choose the best ones and constantly monitor their development.

59
Cryptocurrency discussions / Re: Expanding or Trimming Altcoins Exposure?
« on: October 07, 2022, 06:14:43 PM »
I have various tokens in my wallets, including those earned in bounty campaigns over the past five years. During peak cryptocurrency growth, I try to transfer my tokens to top coins, such as bitcoin and ethereum. When prices in the cryptocurrency market fall, it makes no sense to sell tokens because of their low price. Therefore, now they are in wallets and waiting for the next period of the bull market. Of course, some of them will again lose their value, but this is a reflection of the development of the entire market.

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