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Topic: State currency or cryptocurrency ? (Read 156 times)

newbie
Activity: 84
Merit: 0
May 19, 2022, 03:49:20 PM
#21
Even with the USD , no one can say with certainty what is or is not the quantity of money. The main reason we have mostly lived with bad money for a good part of modern history is because private enterprise has not been permitted to give us a better one.

Modern Economy is too young in comparison with Human history. We hope cryptocurrency makes this possibility for private enterprises to have this chance to give nations a better one!
newbie
Activity: 84
Merit: 0
May 15, 2022, 03:14:08 PM
#20
Even with the USD , no one can say with certainty what is or is not the quantity of money. The main reason we have mostly lived with bad money for a good part of modern history is because private enterprise has not been permitted to give us a better one.
legendary
Activity: 2492
Merit: 1332
May 01, 2022, 11:46:28 AM
#19

If you want to contribute to an ICO or invest in a cryptocurrency you have to change your approach from traditional investment to fundamental and technical investment.
 There is no bitcoin and shitcoin in the market, this is what bitcoin maximalists make fun of alt-coins with , since 65% of coins and tokens are directly paired with BTC and more than 13% have paired to BTC indirectly!  For investing in each and every asset you have do your own research, the main important item is Idea , we mentioned previously projects those work on AI, Big data , Data Migration , IOT , foresight and telecommunications have a good chance for growth, of course public may attract to any innovation and rush to pay for that! Cryptocurrencies do not belong to a city or country they are borderless and belong to those holding them , holders play the main role! We are proud of our contributors and working hard to keep all algorithms updated for the most beneficial algo trading!

Seeing the current conditions Every day the market share of BTC is degrading and the share of altcoins is rising an down. But the most important thing to know is that the alt-coin or alt-coin market is risky in the first place and you can lose your money very fast. Fundamental analysis of the ICO is something you have to do before investing in an ICO. Just look at what team members are involved, read the white paper and check their roadmap before buying tokens. the most profitable ICOs will be those with properly working products available at the token sale. So it's very important that you choose the right cryptocurrency to invest at the beginning.
The number of projects that have developed their product before going public is extremely limited, however I would prefer that people had that kind of standard as it will protect them from the majority of the scams that we see in the market, after all it is incredibly easy to talk about all the good things that the project will be once it is released, but the majority of the coins that we have in the market never reach that stage and the developers disappear with all the money they got only to try to get even more with a new project.
full member
Activity: 1176
Merit: 100
Vave.com
April 29, 2022, 01:09:08 PM
#18
with different unit of demographics on identification as the unit of indication as investors work on decision as releasing uses of option on request with the limit of returns as the entrance into field of work on business of the crypto finance, those have with chance as investors work along on following design of template with narrow framework as disposing worse with excessive pities as securing decision as entering within the distinct of distance with the bands of modification on request with the submission of option by the market.
hero member
Activity: 1680
Merit: 506
Trphy.io
April 29, 2022, 12:20:17 PM
#17
Not all projects built on AI nor anyother database succeeds the major goal should rather be what the developers intentions are. And what purpose the project will fillup in the society. Most icos and Ecos are scam projects I think research and re-research that is doing multiple research before any investment outside Bitcoin is more than a necessity
Scam projects are always there at any time so that needs such as researching repeatedly on all new projects must always be carried out because in addition to coins that are already very strong and have gone viral like Bitcoin and also some others, the risk is greater than Bitcoin which always has potential in the market even though it is currently being corrected.
sr. member
Activity: 1036
Merit: 311
April 29, 2022, 11:56:02 AM
#16
Not all projects built on AI nor anyother database succeeds the major goal should rather be what the developers intentions are. And what purpose the project will fillup in the society. Most icos and Ecos are scam projects I think research and re-research that is doing multiple research before any investment outside Bitcoin is more than a necessity
legendary
Activity: 1736
Merit: 4270
April 29, 2022, 11:37:23 AM
#15
ICO in 2022?
Cryptocurrencies do not belong to states, but also most cryptocurrencies are not decentralized. Smart and rich people do not want to spend time studying other coins, because they have the preservation of their capital in the first place, and they invest in the most decentralized asset - this is bitcoin. And if you invest in assets on the binance smart chain, what can I talk to you about?



Basically there are no other coins in General since they are pegged somehow to bitcoin , you check most of the charts all movements are the same , I agree BTC is a good investment but choosing Alt coins with proper consideration will be even more profitable , specially if holders govern their own token. It depends what you choose: drive yourself or sit relaxed in the back seat!
If earlier they talked about bitcoin and altcoins, now many fundamental assets have appeared from altcoins, which will probably remain for a long time. These are Ethereum, Cardano, Polkadot and other altcoins.
When investing, you must understand the market and the underlying fundamental assets and the possibility of them being blocked by other people and organizations.
legendary
Activity: 3080
Merit: 1500
April 29, 2022, 11:07:18 AM
#14
Well every crypto has it's own usage.

Apart from top 10 cryptos in CMC, rest are pretty useless! In reality, majority of the crypto coins are pure gambling without any use case.

Quote
If CBCD, (I think this is what you are referring as State Currency?) will somewhat be useful for government and it's people to make the life of their population easy transacting with government agencies then why not? I don't think they are comparable though, stable coins and crypto so it's better to have both so you can be flexible.

CBDC will take away all financial anonymity from the hands of the people. Money laundering will become next to impossible because government will be able to track every single transaction through a central location. It definitely provides convenience but at a cost of your privacy.
member
Activity: 1540
Merit: 22
April 29, 2022, 09:51:36 AM
#13

If you want to contribute to an ICO or invest in a cryptocurrency you have to change your approach from traditional investment to fundamental and technical investment.
 There is no bitcoin and shitcoin in the market, this is what bitcoin maximalists make fun of alt-coins with , since 65% of coins and tokens are directly paired with BTC and more than 13% have paired to BTC indirectly!  For investing in each and every asset you have do your own research, the main important item is Idea , we mentioned previously projects those work on AI, Big data , Data Migration , IOT , foresight and telecommunications have a good chance for growth, of course public may attract to any innovation and rush to pay for that! Cryptocurrencies do not belong to a city or country they are borderless and belong to those holding them , holders play the main role! We are proud of our contributors and working hard to keep all algorithms updated for the most beneficial algo trading!

Seeing the current conditions Every day the market share of BTC is degrading and the share of altcoins is rising an down. But the most important thing to know is that the alt-coin or alt-coin market is risky in the first place and you can lose your money very fast. Fundamental analysis of the ICO is something you have to do before investing in an ICO. Just look at what team members are involved, read the white paper and check their roadmap before buying tokens. the most profitable ICOs will be those with properly working products available at the token sale. So it's very important that you choose the right cryptocurrency to invest at the beginning.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
April 29, 2022, 04:32:51 AM
#12
Basically there are no other coins in General since they are pegged somehow to bitcoin , you check most of the charts all movements are the same , I agree BTC is a good investment but choosing Alt coins with proper consideration will be even more profitable , specially if holders govern their own token. It depends what you choose: drive yourself or sit relaxed in the back seat!
Buying Bitcoin is driving yourself. It is easy to confuse this with buying altcoins, but whatever said, altcoins will never have the same profit levels as bitcoin has. This can only be understood by someone who has been into bitcoin trading regularly. I can vouch that it is profitable both in long and short term but the latter is more tricky.

Altcoins on the other hand will always have more risk and more changes in administrative and development than profit. Of that is fine with you then go for them.

State based currencies are still in development stage, will be worth seeing what happens with them in reality.
hero member
Activity: 2604
Merit: 542
April 28, 2022, 06:37:27 PM
#11
Well every crypto has it's own usage. If CBCD, (I think this is what you are referring as State Currency?) will somewhat be useful for government and it's people to make the life of their population easy transacting with government agencies then why not? I don't think they are comparable though, stable coins and crypto so it's better to have both so you can be flexible.

Again, as for bitcoin maximalist, that's what they believed it and we have seen that there are tons of shitcoins that are really being used for P&D only with no real life use case. Roll Eyes
legendary
Activity: 2898
Merit: 1152
April 28, 2022, 05:55:17 PM
#10

If you want to contribute to an ICO or invest in a cryptocurrency you have to change your approach from traditional investment to fundamental and technical investment.
 There is no bitcoin and shitcoin in the market, this is what bitcoin maximalists make fun of alt-coins with , since 65% of coins and tokens are directly paired with BTC and more than 13% have paired to BTC indirectly!  For investing in each and every asset you have do your own research, the main important item is Idea , we mentioned previously projects those work on AI, Big data , Data Migration , IOT , foresight and telecommunications have a good chance for growth, of course public may attract to any innovation and rush to pay for that! Cryptocurrencies do not belong to a city or country they are borderless and belong to those holding them , holders play the main role! We are proud of our contributors and working hard to keep all algorithms updated for the most beneficial algo trading!

 Huh  Huh  Huh.. Im lost.



Quote
If you want to contribute to an ICO or invest in a cryptocurrency you have to change your approach from traditional investment to fundamental and technical investment.
Most cryptocurrency initial offerings are a money grabs.  Fundamental and technical investment doesn't help on this since scam projects makes investor to believe that their are legit.

Quote
There is no bitcoin and shitcoin in the market
Care to prove this?

Quote
For investing in each and every asset you have do your own research, the main important item is Idea
No, it is the competency of the project developer.  Idea is good but realization of the idea is way better.

Quote
we mentioned previously projects those work on AI, Big data , Data Migration , IOT , foresight and telecommunications have a good chance for growth
every idea has a good chance for growth as long as the people behind them are competent enough to establish a solid foundation of the project for future growth.






full member
Activity: 2086
Merit: 193
April 28, 2022, 05:17:16 PM
#9
I don’t understand, are you offering a services here?
Well, technically cryptocurrency doesn’t control by the government but the developer itself can still have that control especially if they have more holdings on their supply. Almost all tokens are being paired to BTC, at least the good ones and I don’t see any problem on that. State currency or fiat money will stay along with cryptocurrency, its better to know their differences and do your investment decision on your own.
sr. member
Activity: 2226
Merit: 270
Chainjoes.com
April 28, 2022, 05:10:29 PM
#8
I dont believe altcoin pair with bitcoin is still at 63%, since the addition of more Dex from other blockchains, trade pair to other altcoin to usd and altcoin has increased massively. Most CEX also remove many of the bitcoin to altcoin pair trade from their exchanges since the last bear market.
full member
Activity: 1176
Merit: 100
Vave.com
April 28, 2022, 04:09:27 PM
#7
as developer works on customs with reference of offers users with the service might gains on returns as appealing selection on occupying one with available option on request as the chance as managing tasks on funds transmission to complete with the business on exchange with parties on network with the service.
legendary
Activity: 2212
Merit: 1199
April 28, 2022, 03:35:12 PM
#6
Bitcoin is not belong to anyone, even the developer of that coin was hidden for now.Only the co founder or private company which had funds for the development of the project will know the secret.Now the world transaction was happened with the help of the bitcoin.It had helped the betrayed Russia, in the war time situation. When the swift stop their support to the Russia 10 big banks. Bitcoin was only cause and mode for the transaction for all the Russian exports. Russian should do some favor by allow of bitcoin mining in their country.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
April 28, 2022, 01:10:51 PM
#5
ICO in 2022?
Cryptocurrencies do not belong to states, but also most cryptocurrencies are not decentralized. Smart and rich people do not want to spend time studying other coins, because they have the preservation of their capital in the first place, and they invest in the most decentralized asset - this is bitcoin. And if you invest in assets on the binance smart chain, what can I talk to you about?



Basically there are no other coins in General since they are pegged somehow to bitcoin , you check most of the charts all movements are the same , I agree BTC is a good investment but choosing Alt coins with proper consideration will be even more profitable , specially if holders govern their own token. It depends what you choose: drive yourself or sit relaxed in the back seat!
No coin is pegged with the value of BTC atleast theoretically, they hold its value from their own demand and supply but the fact is investors are using all those innovations just due to its volatility nature and nothing else even the project team itself concentrate on where they can list their project next like Binance like exchange becomes their ultimate goal.
legendary
Activity: 2492
Merit: 1332
April 28, 2022, 12:17:49 PM
#4
There is no bitcoin and shitcoin in the market, this is what bitcoin maximalists make fun of alt-coins
I disagree, there is bitcoin, altcoins and shitcoins, bitcoin is given the deference to mentioned on its own because it was the first cryptocurrency and it will always be the original, there are altcoins which are without a doubt worth your investment and your support but they are a minority, and then we have shitcoins, coins created by scammers with the sole purpose of raising the most money possible and then disappear, and unfortunately this is the most common kind of coin that we have in the markets.
newbie
Activity: 84
Merit: 0
April 28, 2022, 04:33:29 AM
#3
ICO in 2022?
Cryptocurrencies do not belong to states, but also most cryptocurrencies are not decentralized. Smart and rich people do not want to spend time studying other coins, because they have the preservation of their capital in the first place, and they invest in the most decentralized asset - this is bitcoin. And if you invest in assets on the binance smart chain, what can I talk to you about?



Basically there are no other coins in General since they are pegged somehow to bitcoin , you check most of the charts all movements are the same , I agree BTC is a good investment but choosing Alt coins with proper consideration will be even more profitable , specially if holders govern their own token. It depends what you choose: drive yourself or sit relaxed in the back seat!
legendary
Activity: 1736
Merit: 4270
April 28, 2022, 04:19:04 AM
#2
ICO in 2022?
Cryptocurrencies do not belong to states, but also most cryptocurrencies are not decentralized. Smart and rich people do not want to spend time studying other coins, because they have the preservation of their capital in the first place, and they invest in the most decentralized asset - this is bitcoin. And if you invest in assets on the binance smart chain, what can I talk to you about?
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