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Sykkuno

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  1. I remember the Litecoin halving created a lot of hype and the price of this altcoin created very good results and profits for investors, with the market having reached in 2019 the lowest point. But it is all about Bitcoin again, if price keeps dropping these altcoins will also drop no matter if they have a halving and reduced mining rewards.
  2. The dollar and all the fiat are losing value as the governments that we trust, are printing trillions of dollars and creating less wealth for us, while assets and investments are on the rise. Bitcoin is the top investment that is against this kind of inflation and directly gains from any kind of excessive printing of USD from the FED.
  3. We can't have regulations without taxes this is the truth and it helps Bitcoin to have regulations, as adoption grows and legal entities like pension funds can have exposure in cryptocurrencies, as this market is being watched by many as a hi tech financial industry that can have a great future and perhaps become the new system of money worldwide.
  4. I don't always use dominance and even if we did, if price of Bitcoin drops, it will drag the altcoins down even more. We see this happen often and need to consider that dominance maybe one factor, but adding the billions of stable coins it will not go very higher than 70% of the market.
  5. Stellar is a fork of Ripple, it has the same founder and is the same as XRP. It has differences in management and is not selling the XLM as Ripple does, but burned that supply instead, lately it was also announced it will create the CBDC for Ukraine, and price of XLM skyrocketed, but faded again after Bitcoin dropped 30%.
  6. The simple explanation is one that we recently learn, it is Grayscale buying lower than previously, meaning less investors were interested in January, so prices dropped as soon as the Grayscale investors started buying less. Maybe the PayPal effect is also over, this remains a mystery as PayPal doesn't give access to wallets, and perhaps they may even not buy the amounts requested by their users, but just give any kind of numbers PayPal wants in their app, since they are not having oversight by anyone.
  7. You heard something, but didn't try to read correctly what is going on, and the lack of knowledge stops you from understanding exactly what is happening, you have to start from the beginning to find that Bitcoin is not quite anonymous, you also have to read how it works, as there is no extra function to make it anonymous, just some methods that are obscure and may mean increased anonymity, also coming with a danger that those using these methods may lose their bitcoin.
  8. Each time it is different, but the cycles are there, I am not happy the bull run ended, or just stopped for a while, but the latest trading we see, means that Bitcoin has a strong support at 30k. It is possible that this level will be a critical one in the future and may be revisited too often for the next three years, until the fourth halving.
  9. It is not something I regret, I had no knowledge about Ethereum until lately, if I had someone telling me about Bitcoin, Ethereum, Litecoin, etc., when prices were very low, I would have done research, the problem was that all cryptocurrencies were not known until 2017, this was when everyone learned about Bitcoin, and those that knew it from earlier but were not invested or interested, also learned we had more cryptocurrencies.
  10. The name will not matter at all, it will be the quality of the work in the code, the community you attract, the project targets and many more that will be the judge of success for a project, look at Polkadot for example, do you find this name appealing for a cryptocurrency?
  11. I visited this website and have to admit it looks very good. I wish all success and I will keep it mind to try it, there are some similar with this one, and sadly all are shadowed by youtube. I hope the DIY becomes a success and hope it will start having good traffic soon, because from what I have seen it was looking good.
  12. This is still a little difficult for me to understand, but thanks for giving us a clear description of how this is done. If I will need to do it, I will be sure to follow your instructions, although for now I don't use this option and I will skip it for later, if it will be required. The ethereum fees have been for too long very high and it makes everyone trying to find better and less costly ways to transfer crypto, I hope this Binance move will help in this direction.
  13. Of course the crypto community is not ready for quantum computers, as this kind of technology will make the current programming and code of cryptocurrencies obsolete immediately, however this is not going to be until many years later, and if there will be any working quantum computer it will be too far from today, maybe we will not even see one in this lifetime.
  14. I don't own Dice, but the price it had all this time made me not want to deal with this coin, in high amounts it was giving some btc or other coins if we play the dice game, but it wasn't something that I was interested in and probably could have made us lose money as price was very fast dropping.
  15. The token of this project, Mana, is to be included in a single Grayscale Trust, as a few more altcoins will, this made increased trading in Mana and price action was positive for a few days, however these Trusts from smaller cap coins are gaining some millions, perhaps 10-20 after a year and maybe they won't be met with a lot of interest from the investors at Grayscale. I hope that Decentraland will have a great future, however a lot more need to be done, and the active population in this platform is very low.
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