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Topic: Will only the best survive? (Read 501 times)

legendary
Activity: 2478
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Leading Crypto Sports Betting & Casino Platform
April 08, 2020, 04:52:51 PM
#60
I think that the OP does not understand the meaning of helicopter money. The original reason: the economy is collapsing and trillions of dollars are burning. To stop the process of collapse of the economy, the government prints money, but in fact the amount that is printed is always less than the burned amounts.
Why should we wait for inflation? The amount of money in the economy has decreased.
hero member
Activity: 1568
Merit: 511
April 08, 2020, 07:19:18 AM
#59
One thing to remember if you are including crypto into your investment portfolios

I see that you have 2 coins now and i do hope you do have Bitcoin in your wallet too
Despite how bad the Tech is on Bitcoin if we were to compare to other new gen Blockchain
We gotta agree the fact that Bitcoin does posses a strong value as a storage by comparing it to other crypto like Ethereum

Anyhow it is just the matter of time where Fiat system will get outdated and something new will either replace it or a revamp might happen on Fiat system
And yeah, physical metals are okayish but silver does perform quite bad over the past 4 year
sr. member
Activity: 1274
Merit: 261
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April 08, 2020, 05:23:07 AM
#58
if this crisis really will cause huge damage to fiat due to excessive inflation, you're right, then the strong will survive. however, I think that people will return to gold and silver because, in the past, those two things have always been very valuable. Well, maybe crypto will also survive and maybe the price will rise, and maybe it will be compared with gold. well, for the real situation, we might use gold, or a barter system, whereas, for the internet, I think crypto will prevail.

   In difficult times surviving is harder, and now we are going trough one difficult period for everyone.
In peaceful times the best has more chances to become strong people, in hard times the best have
more chances to survive, but there are other factors as well, luck and resourcefulness are one of them.
Not everyone find a way out, but some do, it's always like that.
   I think this situation with global economy will force people to rethink economy we are living in and
many will give a chance to crypto-currencies. Here we talking about global adoption for years, and that
now looks very possible.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
April 08, 2020, 05:19:51 AM
#57
Depends on what you think makes a cryptocoin the best. The best cryptocoin has to be really good without sacrificing decentralization, anonymity/privacy, immutablity, safety/security, censorship resistant, trustless/permissionless transaction, transparency, etc.
 I wonder why after writing a nice post you end up picking XEL and ADA without telling us why you think they are the best.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
April 08, 2020, 02:42:56 AM
#56
if this crisis really will cause huge damage to fiat due to excessive inflation, you're right, then the strong will survive. however, I think that people will return to gold and silver because, in the past, those two things have always been very valuable. Well, maybe crypto will also survive and maybe the price will rise, and maybe it will be compared with gold. well, for the real situation, we might use gold, or a barter system, whereas, for the internet, I think crypto will prevail.
full member
Activity: 2520
Merit: 204
April 08, 2020, 01:19:54 AM
#55
Natural selection rules can be applied in the crypto market and it is not surprising that many projects have been eliminated after the settled time in bear markets. The interest by investors goes down and convincing the investors is not easy after they sell their portfolio.
Those are the "Weak People" inside crypto and they dont represent the Investors,because they are the one who first panicked every time market shows Downfall and we don't need them to be here investing.
And this is not about the best or now but this is about those who supports their currency even Falling starts to happen.
yeah i know that it is good to buy Low and Sell high but sometimes Market needs strong hold and not panicking.
jr. member
Activity: 137
Merit: 3
April 08, 2020, 12:46:26 AM
#54
financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

You are absolutely correct. We are sitting on another financial crisis. Last time the banks got bailed out, and bitcoin was created in response. This time the bailout extends further. The deficiences of fiat are revealed yet again. The time for bitcoin is coming... will it be now? Hard to say. Maybe this time it is too early, but yes, soon bitcoin will become the ultimate value store and supplant gold and silver.

The only thing is I would recommend you buy some bitcoin as well as alts. As soon as money starts coming back to crypto, it's likely that bitcoin will lead any price surge. Not definite, of course, just this is usually how it works, and alts follow afterwards.
I'm still relatively new to crypto, but I have the same thoughts as well. I hope that means that I have the same mindset or foresight as you guys have. Cool

Also, I know nothing's for certain but indeed bitcoin, including other up and coming alt coins might become gems after the COVID-19 dust aftermath settles down.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
April 07, 2020, 06:45:54 PM
#53
Natural selection rules can be applied in the crypto market and it is not surprising that many projects have been eliminated after the settled time in bear markets. The interest by investors goes down and convincing the investors is not easy after they sell their portfolio. The sell limit orders are ready for the bull market, so time is the only barrier for reaching their goals, from my own experience.
sr. member
Activity: 1232
Merit: 266
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April 07, 2020, 01:24:41 PM
#52
We have seen many market crashes, this is not the first one nor the last. The point is when market crashes wiser investors start buying stocks, commodities and valuable cryptocurrencies at discounted price and this is exactly whats going on right now. In my view, only those who have strong nerves to bear this situation will survive, those who panic and sell wont survive.
full member
Activity: 1568
Merit: 100
COMBONetwork
April 07, 2020, 08:47:30 AM
#51
As the thread topic, it is more like bitcoin and the others. The others therefore will be etheruem leading the others. Anyway, I don't see any major change that will happen after the pandemic but only the already weak that will go down but the 100 coins will still be around but will have some change in position which has been happening before now.
if you invest in top 100 Coins, I think you can be safe, and can survive, projects in the top 1 to 100 are good projects, so don't worry, if the bull market arrives then the coins will also follow, and see now, all coins have increased 5-10%.
full member
Activity: 2548
Merit: 217
April 07, 2020, 04:06:59 AM
#50
As you have said about the helicopter money or known as the stimulus. This will make people wonder that the government can print money as much as they want but it will badly affect their economy. The inflation rate will increase and their savings value will become lower.
and that will make the value become more lower like what Venezuela is facing now after printing too much Fiat,while In crypto specially in bitcoin the limit is always there and that is 21 million Bitcoin only.
Before they don't care what bitcoin is but this is the time for them to see how powerful bitcoin is in times like this.
and what can give them in future that Banks and Fiat cant give.

even governments will surely adopt this soon,like what happening now that Korea adopted Bitcoin and nearly others will follow.
sr. member
Activity: 2506
Merit: 368
April 06, 2020, 06:34:50 PM
#49
I’m a big fun of bitcoin and I do believe that it will last and become stronger on many challenges to come. Now, stocks are declining and the economy are collapsing, we have to look for a better option and bitcoin for me is the easiest way to save money from a falling market, start owning some bitcoin now.
Not all economy are collapsing but due to the pandemic it widely crippled some economic growth in other countries. Bitcoin and other cryptocurrencies are there when someone wants to put their fiat in a cryptocurrency but it's hard to make an investment if we don't have money that could support our daily needs. Even if you fo trading with these cryptocurrencies it's still not enough since the market is a bit bearish at the moment. But still Bitcoin is the best choice for a long term investment so I hope that after this pandemic everything will be back to normal.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 06, 2020, 06:34:14 PM
#48
That has always been the rule everywhere where there is competition among many. And that is really good in the world of cryptocurrency because that would weed out the poorly created projects and scams. And we have so many of them. The world of cryptocurrency is flooding of shitcoins. In fact, the only good ones out of thousands are just a hundred or two probably. ETH of course is the top standard when it comes to altcoins.
Definitely, we are in the market competition and those shitcoins will be shit at all. There is nothing to expect from them to compete in the market but rather to see out from the race. As we understand the market flows we also able to identify whose gonna win and goes on the top. And we can't deny that those in the top listed coins in the market will have a big chance to survive. That is we are much considerate in looking for its market volume when choosing coin/s for investment, not the price alone.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
April 06, 2020, 12:13:37 PM
#47
First you need to understand the logic of Cryptocurrency, they are high risky but rewarding too. Risky in the sense no one knows which coin will go up and down because crypto is extremely volatile, This especially happens only when the market is in bear trend.
Wild volatility do happens even in bull trend. People do easily understand the "logic" you have mentioned and that is the reason we are having around two hundred billion marketcap for entire crypto space. Due to the reason of high rewards, people simply forget to choose the "best" but invest on highly manipulated assets. I also believe only best coins and tokens may surive at the end of this bear markets and most others may get "delisted" from exchanges.

Just focus on its trend and how it reacts in the tough market situation only then it will be easy to pick a right coin, I always prefer the top 50 coins of the CMC list.
Do not make your investment decisions based on coinmarketcap ranking. It is purely fake like if you pay them then your shitcoin can enjoy a rank within top 10 or 25. Invest based on this community's opinion. This community always help to figure out the best easily.
legendary
Activity: 2730
Merit: 1288
April 06, 2020, 11:25:22 AM
#46
I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?

Best use case for blockchain is money. Cryptocurrencies that have most or all traits of perfect money will survive.  Here you can see what Aristotle wrote on money in 300 BC : https://www.marketoracle.co.uk/Article10370.html
sr. member
Activity: 812
Merit: 310
April 06, 2020, 10:13:59 AM
#45
the best that will continue to survive is a natural process that will happen, for some altcoins in the rank of 100 CMC may be the best, but it also depends on the technology that is being developed by the developer.

For example, I prefer ETH and Bitcoin for my main investment to overcome the current crisis and trade with a pretty good profit.

Cryptocurrency does have different characteristics, high price voting will make your money instantly become a lot and immediately run out without remaining.
hero member
Activity: 3178
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Live with peace and enjoy life!
April 06, 2020, 08:27:31 AM
#44
I’m a big fun of bitcoin and I do believe that it will last and become stronger on many challenges to come. Now, stocks are declining and the economy are collapsing, we have to look for a better option and bitcoin for me is the easiest way to save money from a falling market, start owning some bitcoin now.
We already choose bitcoin from the start, people who invested in stocks should now consider putting their money in crypto.
They need crypto to be safe and we need them for the crypto market to grow, this is a win-win situation, only the decentralized market will save them for now.
sr. member
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April 06, 2020, 08:26:15 AM
#43
That has always been the rule everywhere where there is competition among many. And that is really good in the world of cryptocurrency because that would weed out the poorly created projects and scams. And we have so many of them. The world of cryptocurrency is flooding of shitcoins. In fact, the only good ones out of thousands are just a hundred or two probably. ETH of course is the top standard when it comes to altcoins.
sr. member
Activity: 2828
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Eloncoin.org - Mars, here we come!
April 06, 2020, 08:20:03 AM
#42
I’m a big fun of bitcoin and I do believe that it will last and become stronger on many challenges to come. Now, stocks are declining and the economy are collapsing, we have to look for a better option and bitcoin for me is the easiest way to save money from a falling market, start owning some bitcoin now.
i think it is FAN and not FUN.

actually it is not declining now instead it is growing a bit reaching a $7k level now is a good indication that market is starting to recover now.
As the thread topic, it is more like bitcoin and the others. The others therefore will be etheruem leading the others. Anyway, I don't see any major change that will happen after the pandemic but only the already weak that will go down but the 100 coins will still be around but will have some change in position which has been happening before now.
right after the pandemic of course we can expect nothing good but in time when the market recovers?surely before 5 months there will be a good change.
sr. member
Activity: 2366
Merit: 332
April 06, 2020, 08:12:31 AM
#41
As the thread topic, it is more like bitcoin and the others. The others therefore will be etheruem leading the others. Anyway, I don't see any major change that will happen after the pandemic but only the already weak that will go down but the 100 coins will still be around but will have some change in position which has been happening before now.
member
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April 06, 2020, 07:29:57 AM
#40
First you need to understand the logic of Cryptocurrency, they are high risky but rewarding too. Risky in the sense no one knows which coin will go up and down because crypto is extremely volatile, This especially happens only when the market is in bear trend. Just focus on its trend and how it reacts in the tough market situation only then it will be easy to pick a right coin, I always prefer the top 50 coins of the CMC list.
sr. member
Activity: 1232
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April 06, 2020, 05:42:03 AM
#39
The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.
seeing the situation of the world right now...even the best coins are in danger of crash...i am from india and the whole share market has crashed here and dont know what will happen in next few weeks...really hope things get under control soon

As for the normal stock market, you can be sure that the crisis for them is just beginning. Soon companies will publish a report from the first three months of this year and I am sure that the crash will be larger than recently. However, this creates a great opportunity for the cryptocurrency market, because many investors from normal exchanges will be looking for new investments and probably a lot of capital will appear on the cryptocurrency markets. I think this could be the beginning for the new bull run and alt season on the cryptocurrency market.
full member
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COMBONetwork
April 06, 2020, 03:11:33 AM
#38
For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.
the right decision if you hold Ethereum and Bitcoin, but don't forget coins that are in the top 100, projects that are there have strong fundamentals, but do have to be patient if you want to get big rewards, because the market is still Bearsih, altcoin season also hasn't appeared yet
sr. member
Activity: 1638
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April 05, 2020, 03:09:26 PM
#37
There is no way that all of the coins in the market can survive this without a problem, however the trouble is when some horrible bad small coin dies because there is no more money coming in and it dropped significantly never to return and recover, there are new ones pumping up every single day.

The good part for them (and bad for us) is that they have very little liquidity and their teams have a lot of money, which means they can only survive on being in one exchange and they can put some money into that exchange to keep it look like it has some volume when there isn't any and they can spend 1 bitcoin to suddenly x2 the price as well, all of which is fake of course. That is why it is not only important to kill these coins that make people believe there is money to be made there when there isn't but also we have to prevent them doing it before it happens.
legendary
Activity: 3318
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April 05, 2020, 11:24:02 AM
#36
The reason why smaller startups got so big is the simple fact that they do not require all that much money and they can basically do something huge with just a small amount of cost, so it is awesome for investing to it and that causes rich people to get richer.

You could invest 500 million dollars to netflix TODAY and still make that back in 10 years then some plus you would have shares, and it is literally quite late to netflix investment game as well, they are already making huge sums of money and probably wouldn't even accept your money.

Long story short when all of this is over, we may actually see smaller airlines for example, startup airline business has never really worked properly until now, with the amount of money startups get maybe it may work, or any other business that was hit by corona and get government bail out, people show their discomfort with them and pick startups so bailed out ones lose money anyway.
full member
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April 04, 2020, 02:08:47 PM
#35
The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.
seeing the situation of the world right now...even the best coins are in danger of crash...i am from india and the whole share market has crashed here and dont know what will happen in next few weeks...really hope things get under control soon
copper member
Activity: 1190
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April 04, 2020, 02:02:54 PM
#34
The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.
sr. member
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April 04, 2020, 01:19:17 PM
#33
I think that practically nothing will change in the market, it's just that now there is a small crisis in crypto, and since there were top and skam coins in the market, so they will remain.
member
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April 04, 2020, 11:25:21 AM
#32
For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.
Both of coins are good but seem like your argument is too much. There still a few altcoin that will give you good profit and maybe there still coin who still give you a comfortable to you to hold it. Like me, I am still holding ripple until now and thus far I am not lose much as you think. And I don't know what you mean about no matter what happpen bitcoin and ethereum still remain, because if there is a bad thing come then their prices will be decreased. Take a look when the impact of coronavirus, bitcoin and ethereum have plunged as well.
full member
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April 04, 2020, 09:43:21 AM
#31
the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.
Unfortunately, not all of us have known about crypto and definitely they don't understand how it applies to the current situation.
Maybe we can say that this is the perfect time to use crypto but should have to think also that not all establishments are this and this not will serve as its purpose. It can be of FIAT should they have to look rather than of having Bitcoin or other coins at this time.
full member
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April 04, 2020, 09:06:06 AM
#30
the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.
it will be difficult. because the use of crypto until now is still very limited to the community. but if the government is ready to improve the post-epidemic economy with new crypto technology to improve their country's economy it will be good for crypto. because in this crisis it seems that transactions between countries are also disrupted. hopefully, there is a platform that can bridge this and that problem from blockchain and crypto.
full member
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April 04, 2020, 08:30:37 AM
#29
I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?
The current situation of the world is really affecting the economy and this is all because of the virus spreading. We didnt see this coming and not even prepared for it. Some of us dont have savings and its a big problem during this lockdown because we cant buy the essential things that we need.

Now that this scenario is happening there's a room for crypto to be notice as a useful currency that have fast transaction and can be use for digital payments. Only the best survive indeed and crypto is one of that particularly btc because the market will recover and crypto will exist for long time.

i agree when you say that btc is the best but talkin about the market recovery and if how long crypto exist is another story anymore   .  even if btc is known to be the best crypto coin , there is still a chance that it will fall and cannot recover easily just like it happen before and even until today  .also we wont know if how long btc and other cryptos exist because they say that all things have thier own endings even the best of the best is not immortal but lets only hope that we can enjoy them for a longer time and we people  can live longer
hero member
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April 04, 2020, 08:18:19 AM
#28
I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?
The current situation of the world is really affecting the economy and this is all because of the virus spreading. We didnt see this coming and not even prepared for it. Some of us dont have savings and its a big problem during this lockdown because we cant buy the essential things that we need.

Now that this scenario is happening there's a room for crypto to be notice as a useful currency that have fast transaction and can be use for digital payments. Only the best survive indeed and crypto is one of that particularly btc because the market will recover and crypto will exist for long time.
hero member
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April 04, 2020, 07:23:58 AM
#27
Yes, in the crypto world, the best will survive and can come out to a better position. We know already that bitcoin is the best coin in the crypto world, and bitcoin is also the leader among the other coins so that bitcoin will survive, and the price will increase higher. In the altcoin section, there are so many altcoins that still compete with each other to get a better position, and we hope that the ethereum will have the big chance to be the number one behind bitcoin. The rest altcoin is still trying the way to defend their position or trying to beat the other position. We will see what will change in the coin position soon after the bull run comes.
sr. member
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Eloncoin.org - Mars, here we come!
April 04, 2020, 12:35:33 AM
#26
As you have said about the helicopter money or known as the stimulus. This will make people wonder that the government can print money as much as they want but it will badly affect their economy. The inflation rate will increase and their savings value will become lower.
Before they don't care what bitcoin is but this is the time for them to see how powerful bitcoin is in times like this.
Having Bitcoin with Only 21 million to be exact people will now consider using this than fiat that can be copied millions and billion times.

and we are seeing this effect these days as the value of market is growing while the whole world still in pain.
possibly that Bitcoin will first make a run after this pandemic while fiat may take long time before going up.
sr. member
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April 04, 2020, 12:11:16 AM
#25
the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.
sr. member
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Vave.com - Crypto Casino
April 03, 2020, 06:47:41 PM
#24
For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.
I support your top picks and I also holding that coins and mostly consume my total capital. We have to be on the best sides as the global market enters into the recession, many believes that gold and bitcoin will fly higher and we can’t afford to lose that opportunity. Only the best will fly high but not all small will die, they will just face a big challenge and they have to survive on that.
member
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April 03, 2020, 04:21:33 PM
#23
Well said. If the end of this global pandemic, bitcoin and  other altcoin manages to survive all this global financial crisis, I believe at it all cryptocurrency will be well recognized and valued throughout the world. Which the price of bitcoin will skyrocket tremendously
legendary
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April 03, 2020, 03:26:05 AM
#23
Well I certainly hope so! I thought 2018 and 2019 would kill off everything but the best but there's still plenty of shitcoin floating around refusing to die, and worse, even more joining them every week. Tokens created in 10 minutes, projects drawn up by paying Fiverrr people 5 dollars. Seriously, this shit needs to disappear for everything to come back stronger.
full member
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April 03, 2020, 01:11:52 AM
#22
For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.
legendary
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April 02, 2020, 03:08:36 PM
#21
Well, not just the "best" will survive but the ones who still have buyers will survive for this period. Before all of this started there was a lot of small coins that had low volume and low liquidity and they were having hard time, which resulted with a lot of them dying during this period since they were already not doing well and when they got sold and so forth they basically became very worthless.

However all rest of them with some liquidity and some community behind it will survive this, all they have to do is buy as much as they can to keep the sellers at bay and as soon as this ends they will face with lesser sellers and they will be easily overcoming it. Not going to be easy I can tell you that but overtime it will definitely get better.
sr. member
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April 02, 2020, 02:21:30 PM
#20
Now the market of crypto is clearly in crisis, but I do not think that anyone will fall off the market, everything will remain the same as it was, you just have to wait for the market to grow again.
With the current global economic downturn caused by the expanding corona pandemic that is currently happening, I think it is natural that cryptocurrency is experiencing a crisis at the moment, but it does not rule out the possibility that later on ahead of halving day, maybe the condition of cryptocurrency will also improve even more, but in this will indeed be intense competition in the cryptocurrency and the impact will be that many crypto assets will experience price declines due to interest, liquidity, and volume factors.
So that which can survive will show significant growth because the altcoin really offers a solution to the real problems of investors or consumers.
hero member
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April 02, 2020, 08:10:52 AM
#19

This is true. Eventually only the coins with a genuine use-case will survive. Those that don't will slowly fade to nothing, but we are a long way from that point. I would imagine we have years of volatility and speculation-driven prices ahead of us. The bad coins will disappear, yes, but for now and the medium-term future they will remain.

As for the coins you mentioned, I like ADA. This coin does have a real use case and a great development record. It is perhaps too early to judge them, but the potential is certainly there.

And talking about genuine use case, we will have very, very few of those at the end of the day. Bitcoin? Ethereum for smart contracts? Monero for anonymous and private payments?

Everything else is only proposals and ideas, no real people using them.
member
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April 02, 2020, 06:25:08 AM
#18
Seem like cryptocurrency has been considered by many people now as a legit place beside traditional investment. Now many people there are going to spend their money to invest in crypto, that what I'm thinking. I see my money fiat is continue to decline against dollar US, and that is worst. I will be a fool if I keep my money fiat because as you thinking the inflanation will come as soon as possible. This is the right time to me to spend my money into cryptocurrency even all of my money i will save at there until this situation completely finished.
hero member
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Vave.com - Crypto Casino
April 02, 2020, 06:21:39 AM
#17
I somehow support OP in the part of crypto to save people from the inflation which is about to happen through the current pandemic but gold is also a good choice and is not a most you ask for it to be deliver now due to the high cost involve in it these days.
Nevertheless, the OP mentioned XEL and ADA as one of the crypto that will survive but the last time i checked XEL is not even a crypto. About ADA, I want the OP to understand crypto level of surviving in the market cannot be measure through real value and features but through community support and utility level.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 02, 2020, 06:10:01 AM
#16
Helicopter money which can fly to the sky? lol Grin

I agree that only the best coin that will survive during this moment, and of course, bitcoin will still survive with the other strong altcoin. We might see a change in the crypto market position, and there will be some coins which can replace the old coin positions. But it might happen if that coin has strong support.
full member
Activity: 742
Merit: 102
Second Live
April 02, 2020, 06:09:17 AM
#15
I think that the only the best are able to survive. Now we're stepping into crypto decade.

This is true. Eventually only the coins with a genuine use-case will survive. Those that don't will slowly fade to nothing, but we are a long way from that point. I would imagine we have years of volatility and speculation-driven prices ahead of us. The bad coins will disappear, yes, but for now and the medium-term future they will remain.

As for the coins you mentioned, I like ADA. This coin does have a real use case and a great development record. It is perhaps too early to judge them, but the potential is certainly there.
I also really like ADA, which is one of the top 10 altcoins in this market. But I'm quite worried about the current status of this project, they don't have too many big updates. And they don't do any promotion to help the price of the token go up, if in the future they don't have a clear strategy then I think other altcoins will surpass ADA.
newbie
Activity: 14
Merit: 3
April 02, 2020, 04:54:04 AM
#14
You are correct! The world will realize how crypto is great and different from other money! It's 24/7 available, no off time, no extra fee, no government controls, it's safe and handy to anyone! World crisis can affect the crypto market's value, but it can be used as a payment method even in this COVID-19 pandemic when the social distance is must need! Mate your content was good enough, maybe you need to change the title! Because most of the people will agree with your contents! However, I have no idea about XEL coin, and it does not look that better, I would choose XRP instead of XEL!

Thank you very much for good words! Could you give me an example of new title? I'm not sure how should it be named.

You said very important thing. Social distance! I like to think about lots of solution from every situation, but going back to Gold or Silver as a payment method is unlikely to me. The world has changed for the last 30, 50 and even 100 years. Even the Pandemic will go away in happy scenario, people will want have safe and very comfy payment methods. Gold and Silver aren't best solution for our times.

Cannot wait to see what's going to happen in the next 3-5 years...
full member
Activity: 638
Merit: 118
April 02, 2020, 04:12:56 AM
#13
You are correct! The world will realize how crypto is great and different from other money! It's 24/7 available, no off time, no extra fee, no government controls, it's safe and handy to anyone! World crisis can affect the crypto market's value, but it can be used as a payment method even in this COVID-19 pandemic when the social distance is must need! Mate your content was good enough, maybe you need to change the title! Because most of the people will agree with your contents! However, I have no idea about XEL coin, and it does not look that better, I would choose XRP instead of XEL!
newbie
Activity: 14
Merit: 3
April 02, 2020, 03:45:43 AM
#12
I think that the only the best are able to survive. Now we're stepping into crypto decade.

This is true. Eventually only the coins with a genuine use-case will survive. Those that don't will slowly fade to nothing, but we are a long way from that point. I would imagine we have years of volatility and speculation-driven prices ahead of us. The bad coins will disappear, yes, but for now and the medium-term future they will remain.

As for the coins you mentioned, I like ADA. This coin does have a real use case and a great development record. It is perhaps too early to judge them, but the potential is certainly there.


After the last crisis planty of startups were made. They changed our world (Airbnb, Uber, Visa/Mastercard explosion, etc.). Now I guess it's time for something new. It is unlikely that we will see huge gains in this year, but in '21 or '22 we can be eye-witnesses of revolution.

Now I'm starting to buy and HODL everything. I will try to find the best "unicorns" and for now I'm trying with 1st ADA investment.

Guys, If you have any alts on mind which can change our world, write! Smiley
legendary
Activity: 1904
Merit: 1277
April 02, 2020, 01:54:35 AM
#11
I think that the only the best are able to survive. Now we're stepping into crypto decade.

This is true. Eventually only the coins with a genuine use-case will survive. Those that don't will slowly fade to nothing, but we are a long way from that point. I would imagine we have years of volatility and speculation-driven prices ahead of us. The bad coins will disappear, yes, but for now and the medium-term future they will remain.

As for the coins you mentioned, I like ADA. This coin does have a real use case and a great development record. It is perhaps too early to judge them, but the potential is certainly there.
jr. member
Activity: 38
Merit: 3
April 01, 2020, 07:13:09 PM
#10
well said- It's really true.
I quoting this "Helicopter money" haha hahaha
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
April 01, 2020, 06:40:16 PM
#9
Hi folks!

I'm not a heavy forum user, but I made some money on crypto during this 2017 run, of course this forum helped me a lot in this. Since then I stepped out from BTC/ALT markets and I sat mainly on money, now things are going to change. As you can see, world is in panic right now. It is not only about COVID-19 disease, but financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

It was a quick recap, I don't want to write a science article about crisis, but that is very likely to happen.

What happens right now in safe assets?

Silver is "unglued" from paper value. Physical metal is much more expensive than paper equalities. Moreover, it is really hard to buy. Just check this out. Here in Middle-Europe where I am living, time for delivery is about 60 days. Prices with 24H avaliabilty are about 1.5x more expensive.


Gold, almost the same situation as with silver.



On the other hand we have cryptos. Cryptos with huge, but limited amount (I guess they are the most safe crypto's at all). Cryptos which can provide us a new payment methods. Cryptos which are available 24/7. Not like silver or gold. I think the world has changed dramatically since the latest crisises, so this one will be totally different than the others. People won't start paying in silver, and gold. I think that Satoshi was right. He created something genius.



I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?



For now I picked two cryptos (XEL and ADA), because they have real value, and they are able to change the financial aspect of this world.


Sorry for my English, still learning  Wink




ADA is promising altcoin and the current market price doesn't show its real value. As you mentioned, the world are busy with printing money which causes hyperinflation  and there is another solution except printing more USD for FED. In 2-3 years, everyone will see the results of the today's economic decisions, maybe that days will shine towards the crypto ecosystem.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
April 01, 2020, 06:24:37 PM
#8
Now the market of crypto is clearly in crisis, but I do not think that anyone will fall off the market, everything will remain the same as it was, you just have to wait for the market to grow again.
The global economic conditions affect the price of crypto markets and expecting the independent crypto market will be naive. The HODL-ers should continue doing what they have been doing before the crisis and this will decrease the selling pressure which leads to panic selling.
sr. member
Activity: 1022
Merit: 252
April 01, 2020, 12:44:14 PM
#7
Now the market of crypto is clearly in crisis, but I do not think that anyone will fall off the market, everything will remain the same as it was, you just have to wait for the market to grow again.
newbie
Activity: 14
Merit: 3
April 01, 2020, 04:12:37 AM
#6
financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

You are absolutely correct. We are sitting on another financial crisis. Last time the banks got bailed out, and bitcoin was created in response. This time the bailout extends further. The deficiences of fiat are revealed yet again. The time for bitcoin is coming... will it be now? Hard to say. Maybe this time it is too early, but yes, soon bitcoin will become the ultimate value store and supplant gold and silver.

The only thing is I would recommend you buy some bitcoin as well as alts. As soon as money starts coming back to crypto, it's likely that bitcoin will lead any price surge. Not definite, of course, just this is usually how it works, and alts follow afterwards.



Nothing is assured no matter how we do hate the current fiat system.Yeah, it might have those lots of flaws but people or the entire world would still consider on using up this system in spite to that matter.
Im not saying that Bitcoin doesnt have a chance but its just really hard to believe on that i will replace fiat anytime soon and also we know the differences in between crypto and natural resources/mineral
when it comes to price movement and actual value.In spite on thinking up or minding too much it would be better to accumulate both if you'd like to.



Of course, you are right. People still belive in FIAT currencies, but the value of FIAT currency is mainly based on trust for the government. I think, that world is going to stop for another 3-4 months before everything goes back to "normal". This will cause things, that even not-educated people will see (inflation, more expensive credits, less things in shops, etc). People will try to find new asset which will help them to "safe" their money. There is not enough gold and silver on this planet for everyone... But there is different situation with crypto.

I think that Bitcoin is like Ford "T" for automotive. It showed us the way, but we are not able to use it in everyday life. ETH is like 2000s" Cars. It is more stable, faster, cheaper and scalable, but after the 2017 hype it is starting to become more useless. And now we need to look for cars like Tesla...
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
March 31, 2020, 06:54:57 PM
#5
Im feeling curious about what has already offered by XEL? Crypto has various advantages that can be used for various things. This is the advantage of crypto rather than holding gold or other real commodities.
Im also still holding all of my assets and i have been getting a very good return ( even on this pandemic)
The decentralized system has made it even better
legendary
Activity: 3094
Merit: 1127
March 31, 2020, 03:45:41 PM
#4
financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

You are absolutely correct. We are sitting on another financial crisis. Last time the banks got bailed out, and bitcoin was created in response. This time the bailout extends further. The deficiences of fiat are revealed yet again. The time for bitcoin is coming... will it be now? Hard to say. Maybe this time it is too early, but yes, soon bitcoin will become the ultimate value store and supplant gold and silver.

The only thing is I would recommend you buy some bitcoin as well as alts. As soon as money starts coming back to crypto, it's likely that bitcoin will lead any price surge. Not definite, of course, just this is usually how it works, and alts follow afterwards.



Nothing is assured no matter how we do hate the current fiat system.Yeah, it might have those lots of flaws but people or the entire world would still consider on using up this system in spite to that matter.
Im not saying that Bitcoin doesnt have a chance but its just really hard to believe on that i will replace fiat anytime soon and also we know the differences in between crypto and natural resources/mineral
when it comes to price movement and actual value.In spite on thinking up or minding too much it would be better to accumulate both if you'd like to.
sr. member
Activity: 1078
Merit: 354
March 31, 2020, 03:03:05 PM
#3
financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

You are absolutely correct. We are sitting on another financial crisis. Last time the banks got bailed out, and bitcoin was created in response. This time the bailout extends further. The deficiences of fiat are revealed yet again. The time for bitcoin is coming... will it be now? Hard to say. Maybe this time it is too early, but yes, soon bitcoin will become the ultimate value store and supplant gold and silver.

The only thing is I would recommend you buy some bitcoin as well as alts. As soon as money starts coming back to crypto, it's likely that bitcoin will lead any price surge. Not definite, of course, just this is usually how it works, and alts follow afterwards.

hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 31, 2020, 01:44:23 PM
#2
As you have said about the helicopter money or known as the stimulus. This will make people wonder that the government can print money as much as they want but it will badly affect their economy. The inflation rate will increase and their savings value will become lower.
Before they don't care what bitcoin is but this is the time for them to see how powerful bitcoin is in times like this.
newbie
Activity: 14
Merit: 3
March 31, 2020, 08:59:45 AM
#1
Hi folks!

I'm not a heavy forum user, but I made some money on crypto during this 2017 run, of course this forum helped me a lot in this. Since then I stepped out from BTC/ALT markets and I sat mainly on money, now things are going to change. As you can see, world is in panic right now. It is not only about COVID-19 disease, but financial system is unstable. Almost all countries are giving "helicopter money" which is printed in huge amounts by governments and banks. Of course in short period of time - it will help, but as I can see in long-term it will cause the inflation, and it is going to "kill" middle class people. Why? 1st, inflation will decrease their saving, 2nd - interesting rates must go up to save the economy. It will make credits much more expensive than they are right now. 3rd - a lots of people will lose their job.

It was a quick recap, I don't want to write a science article about crisis, but that is very likely to happen.

What happens right now in safe assets?

Silver is "unglued" from paper value. Physical metal is much more expensive than paper equalities. Moreover, it is really hard to buy. Just check this out. Here in Middle-Europe where I am living, time for delivery is about 60 days. Prices with 24H avaliabilty are about 1.5x more expensive.


Gold, almost the same situation as with silver.



On the other hand we have cryptos. Cryptos with huge, but limited amount (I guess they are the most safe crypto's at all). Cryptos which can provide us a new payment methods. Cryptos which are available 24/7. Not like silver or gold. I think the world has changed dramatically since the latest crisises, so this one will be totally different than the others. People won't start paying in silver, and gold. I think that Satoshi was right. He created something genius.



I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?



For now I picked two cryptos (XEL and ADA), because they have real value, and they are able to change the financial aspect of this world.


Sorry for my English, still learning  Wink



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