What's going on with crypto market? | Bitcointalksearch.org

bitgolden

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Quote from: Finestream on January 23, 2021, 06:32:03 AM

Quote from: Drahzar on January 14, 2021, 05:13:26 PM

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

I hope they'll stay for good, unlike the ICO which helps to make this market grow bigger but eventually it disappear due to lots of complains from people who got scammed. The De-Fi hype is still here and that is a good thing, but let's see if it will still survive once the market will undergo another long bear run.

We need a lot of tweaking and making sure it works type of things for defi, right now they are properly working in the technical sense but it is not really awesome for the cost sense. I have seen changing eth to usdt at 35 dollars yesterday, yes THIRTY FIVE DOLLARS just to change my eth to usdt (or maybe usdt to eth can't remember but same logic). Do you really think that those type of swaps are possible? Sure if you have 10k worth of unimportant token you do not want anymore you sure will sell it, but we are talking about usdt-eth here, and it shouldn't be 35 dollars, that is unreal.

With defi projects having such a problem with the gas fee, I think it is going to be a long time until we can see the maximum potential of what they can become, if it goes down under 1 dollar one day, we are going to see defi skyrocket and everyone switching over to DEX as well.

Finestream

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Quote from: Drahzar on January 14, 2021, 05:13:26 PM

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

I hope they'll stay for good, unlike the ICO which helps to make this market grow bigger but eventually it disappear due to lots of complains from people who got scammed. The De-Fi hype is still here and that is a good thing, but let's see if it will still survive once the market will undergo another long bear run.

Drahzar

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Quote from: ?? on ??

Quote from: Drahzar on January 14, 2021, 05:13:26 PM

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

agree with you, i think a lot of cool and healthy defi projects are coming up and will structurize a market. and i also invest in dex, i believe it will get a crucial part of the market in future

oh so u might be interesting in new stablecoin dex - xsigma, just announced and they have interesting business model in whitepaper

Kong Hey Pakboy

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Quote from: Rana590 on August 16, 2020, 04:10:25 AM

Quote from: bangkecol on August 09, 2020, 09:42:53 PM

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

After all market depends on top crypto on crypto market. Basically most of the project are defending on the price of bitcoin and ethereum directly or indirectly. Green sign of bitcoin and ethereum is positive side of most of the project.

Indeed. Most altcoins mostly depends at the price of bitcoin because it is the leading cryptocurrency in the market and altcoins are typically measured in the price of bitcoin that makes them tied. So whenever bitcoin increases its price, altcoins will go up, and when it decreases, altcoins will go down as well.

Drahzar

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crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

Rana590

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Quote from: bangkecol on August 09, 2020, 09:42:53 PM

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

After all market depends on top crypto on crypto market. Basically most of the project are defending on the price of bitcoin and ethereum directly or indirectly. Green sign of bitcoin and ethereum is positive side of most of the project.

iv4n

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Quote from: TravelMug on August 13, 2020, 08:04:17 PM

Quote from: bangkecol on August 09, 2020, 09:42:53 PM

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

Doesn't matter if investors are going into Defi, I hate to say this but this could be another avenue for them to create a pump and dump and once they are done, they will simply shift to bitcoin and that has been proven many times already.

Market now looks green, ~$11,700, another good indication that the price decline further as investors keeps pouring in, from $11,400-$11,700, not bad pump for a day.

It's exactly what will happen with some defi projects. It's proven many times as you said, after pump and dump some projects will just be abandoned by the team and supporters. Hype that we see around entire defi sector is the same hype we saw before, and we know what happen after hype ends.
Market looks good for weeks, and I'm thinking about how will it end?! I'm not sure should I start selling and to wait for a dip, or to wait a bit longer, maybe the price can rise a bit more before we see some decline.

Janation

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Quote from: Wysi on July 23, 2020, 01:07:08 PM

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

Maybe we can relate that to scams that are happening.

In the past there are a lot of projects emerging, a lot of altcoins going in and out the markets and then the it just slowly went slow. Maybe because of the scams that are happening or maybe just because investors lost interest to it. Some of the people I usually ask for good projects are doing other stuffs now and not really focussed on trading and just investing other cryptocurrencies and holding some good ones.

TravelMug

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Quote from: bangkecol on August 09, 2020, 09:42:53 PM

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

Doesn't matter if investors are going into Defi, I hate to say this but this could be another avenue for them to create a pump and dump and once they are done, they will simply shift to bitcoin and that has been proven many times already.

Market now looks green, ~$11,700, another good indication that the price decline further as investors keeps pouring in, from $11,400-$11,700, not bad pump for a day.

STT

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Stuck in an upper range at present, Im unclear if this is bullish and it will continue upwards similarly. Cant really say its negative especially, just repeating itself or idle in some way.

If perhaps the highest prices decline in some way that could develop into something but thats not strong significance is my take so far. Sell high and buy low till that stops working and take no opinion in the fight might be where the profit is, I wish I was more mercenary at times like this.

bangkecol

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I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

bearexin

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Honestly I do not feel that greed anymore, I do not invest into those smaller projects or even new ones, I do not invest into stuff that are small and not really cared in the crypto world as much, if it is so good let it be ranked accordingly, do not tell me the 76th ranked coin is "so great that one day it will be higher than bitcoin" because I will not believe it, if it is so good why is it 76th coin and not higher.

So, for the past year or so I have been heavily investing into gold, bitcoin, ethereum and that is about it, I think I have been doing the best period of my life in investment situation when you consider how much I made and that happened during a pandemic situation where everyone was losing money and every economic indicator was looking terrible yet here I was making profit. So I will not change that anytime soon.

LogitechMouse

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Quote from: Wysi on July 23, 2020, 01:07:08 PM

Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

The fact that there are many projects that are turned to be a scam within the past 2 years is the reason why investors are thinking twice right now in investing thus, the success rate of new projects really declined.

Scam projects are everywhere but it will still be useless if there will be no investors that will invest in their project. Investors right now are more knowledgeable when it comes to investing in new projects unlike 2 years ago where there are many new projects coming and investors aren't that knowledgeable at that time.

These also affected those projects that doesn't have an intention to scam investors. Successful projects right now are rare.

Reatim

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Quote from: royalfestus on August 08, 2020, 11:20:08 AM

The space is getting attractive but I look to 6-9 months from now when some profits are back in traders pocket, they will dare to invest thousands of dollars again, bounty participants will also put few coin in new projects, some account in the forum will also be responding to hypes. The profit at the moment is still minimal and risk is more for bitcoin than altcoins. The dimension is changing to have sustainable space but we cant rule out the parabolic.

Look exciting to watch out, as the market is showing a good sign of incoming bull run,
the level of interest coming from newcomers are growing.

There are institutional investors and new businesses who adopt the system and start accepting cryptos.

We do expect more, the chance that pandemic crisis brings more people's interest not
just for the usage but also with the investment features of
this industry.

royalfestus

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The space is getting attractive but I look to 6-9 months from now when some profits are back in traders pocket, they will dare to invest thousands of dollars again, bounty participants will also put few coin in new projects, some account in the forum will also be responding to hypes. The profit at the moment is still minimal and risk is more for bitcoin than altcoins. The dimension is changing to have sustainable space but we cant rule out the parabolic.

Yamifoud

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Quote from: carriebee on August 08, 2020, 02:58:54 AM

Quote from: Rana590 on July 25, 2020, 10:57:18 AM

People are much aware about the project where they will invest or not. They are able to identify the real and scam project as well. Obviously people will invest if they find good potential project. Otherwise there is no benefit to invest on every project.

This is true that people are already aware of the project and even more becomes wiser before investing in a project. Since a lot of scam surrounds in crypto industry it brought a lessons to them whether will invest or not. It is our due diligence prior investing is to verify if it's legit so we can avoid minimal risks and losing money in this industry. Some project are promising with potential and some are not so we have to be more careful in choosing one.

Learning means a lot in today's situation. Nothing has to be a victim of scam if we don't let that thing to happen. It finds more tricky the market today as many attractive promises that are worthless but can't deny that many were still been fooled with this.

Even though we spread awareness to the forum, into the community but sometimes it was just useless.
"I was scam, they scammed me" a bunch of complaint to heard but they aren't still learning. They obviously greedy people who can be easy to trick and listen to this broken promises.

Findingnemo

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Quote from: smyslov on August 07, 2020, 10:26:20 PM

Quote from: Wysi on July 23, 2020, 01:07:08 PM

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

I think both, there was a time majority of projects looks scam and there was a time there were a lot of good projects but there were few investors to support those projects, scammers keeps going on but good projects are very rare and it's hard to find out if the project is good or not.

People will be interested only if the market is showing good signs to make profits that is why we can see few investors only even when the project is good.And its just the investment right so people will run towards that trend but the investors who analyse the market when everyone is not interested that is the way to get more profits.

carriebee

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Quote from: Rana590 on July 25, 2020, 10:57:18 AM

People are much aware about the project where they will invest or not. They are able to identify the real and scam project as well. Obviously people will invest if they find good potential project. Otherwise there is no benefit to invest on every project.

This is true that people are already aware of the project and even more becomes wiser before investing in a project. Since a lot of scam surrounds in crypto industry it brought a lessons to them whether will invest or not. It is our due diligence prior investing is to verify if it's legit so we can avoid minimal risks and losing money in this industry. Some project are promising with potential and some are not so we have to be more careful in choosing one.

smyslov

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Quote from: Wysi on July 23, 2020, 01:07:08 PM

We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?

I think both, there was a time majority of projects looks scam and there was a time there were a lot of good projects but there were few investors to support those projects, scammers keeps going on but good projects are very rare and it's hard to find out if the project is good or not.

michellee

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Quote from: shoreno on August 06, 2020, 07:51:40 AM

Quote from: michellee on August 05, 2020, 09:56:53 PM

Quote from: Golftech on July 27, 2020, 04:10:28 PM

Quote from: Zemomtum on July 26, 2020, 06:45:11 PM

You must have a good project to stand out, scaming has been reduced greatly unless those that cannot make a little research before investing.

Only those who are greed to didn't pay attentions with researching before investing will fall to this scam projects.

Many of us have greed when we see that the project looks interesting to invest, so we only follow from what other people say without research if that project is really good or not. The market still making the good move as I see that the market still up and down so far, so we might see another increase for many coins this month. Hopefully, this month can be better than the last month, so we can back to make a profit again, and if the market can rise more than now, bitcoin price will have a chance to break the high price.

not many but each of everyone of us has their own kind of greed and that greed wont be same or not all are greedy when it comes to money .

here on forum majority of people here can tell or will tell if the project is a scam or not and so chances of you getting scammed is small if you do follow them and if you dont follow your own greedy self . market now is better than previous months , thats the reason why scam projects are getting lowered

I hope that the scam project will reduce, and the market is getting better, so people can get better results for their investment. But I still worry about the project because the scam project will still try to get the new victims to steal their money. But still, if the market does not break the high price and doesn't move like now, I think that the chance to see the lower price will still be there. So we need to be careful and always prepare for anything that can happen to the market.

Topic: What's going on with crypto market? (Read 749 times)