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Author Topic: Cryptocurrency is a place of competition  (Read 7305 times)

Offline Falcon

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Cryptocurrency is a place of competition
« on: October 18, 2020, 12:06:38 PM »
 Blockchain against blockchain. DeFi against DeFi. This is a place where the battle is all about consistency and security. A place where toughest projects and persons develop. A place of wisest idea regarding cryptocurrency and digital platforms. A place of community through virtual and anonymity.
All of these is about communication. Despite this is a place of competition this is also a place of friendship. We compete at the same time we create friendship.

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Cryptocurrency is a place of competition
« on: October 18, 2020, 12:06:38 PM »

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Re: Cryptocurrency is a place of competition
« Reply #1 on: October 18, 2020, 05:03:37 PM »
I don't think that's the end of the blockchain. Because all major projects using blockchain technology have improved. Most projects have improved. Most of the coins you see in the market are members of the vast ocean. I would like to make a comparison, for example, if a bucket of water is lifted or given from a sea of ​​water, the volume of the sea water will not change. Similarly, if a coin is removed from the blockchain, the blockchain will not change. So friends, advanced blockchain technology. But the current DeFi has arrived. This defi current has been improved. Most people would have invested if they had heard of defi a few days ago. But now the level of investment has decreased. The defi coin is starting to go down. However, the technology will remain but does not seem to improve much.

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Re: Cryptocurrency is a place of competition
« Reply #1 on: October 18, 2020, 05:03:37 PM »

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Re: Cryptocurrency is a place of competition
« Reply #2 on: October 18, 2020, 05:47:36 PM »
This is how businesses work. Competition is too normal and this is the real reason why improvement happens from time to time in order to remain at the top or to make a room where the potential of your creation is being heard and accepted. The tough and real will remain for sure.

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Re: Cryptocurrency is a place of competition
« Reply #3 on: October 18, 2020, 07:07:38 PM »
It is like what happens in the real world, every job, company, person, and life will be always competing with each other. It means that who deserves better will gain better. Additionally, it can give us positive and negative sides.
However, let's think positively here.
Through this competition, we hope that they can really create great projects, with real use cases, and also related to the future development. Of course, it may be difficult but, we will find those that are better to deserve.

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Re: Cryptocurrency is a place of competition
« Reply #4 on: October 18, 2020, 11:05:17 PM »
Cryptocurrency will reach the pinnacle of development in every country. Everyone believes that this is a fact. This is why cryptocurrency is such a valuable asset in the world that if you keep money, the amount of money increases. So I think crypto currency is currently the second source of income for most people. Because there are different types of work in the real world. There are many different types of jobs in the online world. I am in the first stage of real world work. Online work has become one of the second level of work. Most people think that cryptocurrency will be the first source of income. That will be possible in every country. So everyone does a lot of research on cryptocurrencies. Most investors.

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Re: Cryptocurrency is a place of competition
« Reply #5 on: October 18, 2020, 11:40:47 PM »
Competition in the crypto world is good, it isn't the end of crypto but hope for a better crypto world. I think with the competition we can have much better crypto coins and services in the future. There are no problems with the competition, instead we get advantages in this competition. However, don't make the competition to be a reason for us to harm others.

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Re: Cryptocurrency is a place of competition
« Reply #6 on: October 19, 2020, 01:25:45 AM »
This is how businesses work. Competition is too normal and this is the real reason why improvement happens from time to time in order to remain at the top or to make a room where the potential of your creation is being heard and accepted. The tough and real will remain for sure.
True, I think competition brings change and project development is getting better, without competition in crypto there is no innovation. So they do their best to keep it in high demand
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Re: Cryptocurrency is a place of competition
« Reply #6 on: October 19, 2020, 01:25:45 AM »


Offline TomPluz

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Re: Cryptocurrency is a place of competition
« Reply #7 on: October 19, 2020, 04:44:46 AM »


In any industry, there will always be competition and at the end of the day the fittest and the best are hoped to survived and flourish. In the world of cryptocurrency, competition can be intense and one has to make sure that all factors for success are covered in, otherwise one has just to pray for some luck (which can also happen from time to time). Unfortunately, in the midst of this great competition, there will also be scams and frauds promising heavens and earth just to get the attention of "moneyed" investors. Well, I am hoping we already learned our dragging lessons on that problem. As years will pass in this industry, I am expecting more and more competition and at the same time there will be platforms that can really shine out above the others.

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Re: Cryptocurrency is a place of competition
« Reply #8 on: October 20, 2020, 04:34:02 AM »
This is how businesses work. Competition is too normal and this is the real reason why improvement happens from time to time in order to remain at the top or to make a room where the potential of your creation is being heard and accepted. The tough and real will remain for sure.
True, I think competition brings change and project development is getting better, without competition in crypto there is no innovation. So they do their best to keep it in high demand
of course, still have a high demand to support success.

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Re: Cryptocurrency is a place of competition
« Reply #9 on: December 05, 2020, 07:34:20 PM »
Any market and any business is directly related to competition.  Healthy competition is necessary to avoid monopoly and price dictates in the market.  At the same time, competition is a good incentive for the development and improvement of projects and new technologies.  This also applies to cryptocurrencies.  At the same time, the market also works as a single mechanism where cryptocurrencies are dependent on each other.

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Re: Cryptocurrency is a place of competition
« Reply #10 on: December 05, 2020, 07:39:19 PM »
Indeed, all projects are fighting among themselves and this is how it should be in order to stimulate all projects for further development and therefore the competition among cryptocurrencies is so huge, and in general it all helps the cryptocurrency sphere to grow and develop, so every cryptocurrency project must constantly evolve to be in demand.
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Re: Cryptocurrency is a place of competition
« Reply #11 on: December 05, 2020, 08:52:25 PM »
Yes for sure you have to be consistent and innovative. The competition is stiff you have to keep up. You can take a cye from CZ how he has moved from bep2 to bep20 and will be ready to adjust more to keep up.
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Re: Cryptocurrency is a place of competition
« Reply #12 on: December 05, 2020, 11:05:56 PM »
It is a real-world life. There will be always a competition. There are competitions among the projects, among the coins and tokens, among the investors, developers, bounty hunters, exchangers, and many more parties related to crypto. We all here are for competition. But of course, this is a good competition

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Re: Cryptocurrency is a place of competition
« Reply #13 on: December 05, 2020, 11:54:28 PM »
It is all about competition. Our life is also a competition between stay live or dead. this is our choice want to do what kind of competition. But for me personally, the competition will support me to do my best in this crypto world. We may know other people are successful so easily and we want to defeat it by getting bigger and bigger again.
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Offline gurunanakji777

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Re: Cryptocurrency is a place of competition
« Reply #14 on: December 06, 2020, 07:53:01 AM »
Competition is good for the healthy market and that's the reason for the booming cryptocurrency worldwide. The market is improving month by month and the total number of users in cryptocurrency is also growing. Cryptocurrency usage is much cheaper than fiat. Competition is also necessary for the growth of the market.

 

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