There are some wild APY staking rates on the yield farm defi projects at the moment. I've seen 100%+. Like you say wont last, is being done for exposure and is risky as hell as an investment but if you've got a bit of dust to stick in is worth a punt. Long term though decentralized finance...
It's not, its just inefficient, but its a market leader and even if in ten years it's served it purpose it's still going to pump hard this year. It's like any stocks or shares, they will go up, and down, the trick is to not marry any project and get out when money has been made.
Bitcoin price
Alt season is almost upon us. A handful of projects pumping hard every day. I’ve been in FIL for last couple of months and last week went up 134%. I’m expecting BTS to fly hard very soon too and think EWT could also be a monster.
I saw it. I just can’t think ETH will be the go to solution for payment handling of term as it’s fees are so expensive and there are much much cheaper options out there.
The theories and concerns around blockchain security pale into insignificance when you consider what those same threats (quantum computing) will do to existing banking and security protocols keeping all our current money and data safe. They’ll be toast.
Have seen some really interesting...
Why will they take half? Crypto is taxed as capital gains so 20%. To be honest you can stack in a stable coin like USDC anyway and only take it when you need it. I’ve invested in COTI which is developing a crypto bank, with debit cards coming and intends to rival pay pal allowing payments in...
If you are going to back single horse and want less (but still significant) volatility I'd back bitcoin but be prepared to see its value go much higher then drop up to 80% when the next bear crash comes, which could be anywhere between the next 3-12 months. Then the cycle will start again...
I'd really not bother arguing with naysayers and cryptocurrency critics. They were probably the same people saying the Internet wouldn't change the world in the late 90s and that smart phones wouldn't become the most important personal tool in our lives.
Mainstream adoption is still about 5...
Bitcoin price
Yes Tulips. How it started.... How it’s going...
Blockchain technology is going to be the internet 3.0. We will see ups and (big) downs along the way but make no mistake amongst the new blockchain protocol providers, new digital currency systems, decentralised finance and...
ETH is a contract based system that many new blockchain companies use as their token utility either permanently or until their own main net token is established and has boomed recently with the swell of defi (decentralized finance) projects that have hit the market.
There are lots of other...
The huge problem with ETH at the moment is the transaction fees. They are ridiculous and open the door for much cheaper alternatives to steal their dominant position.
I think we don’t see the peak until 2022. What I do know though is when everyone gets mouthy about high numbers on Twitter it usually dumps for a bit soon after. Parabolic rises need to correct so the trend can last.
Musk really didn’t move it that much. It was on an uptrend anyway and stopped on its resistance point exactly as expected. It’s a volatile asset and can swing way more than today. What’s important is whether it’s on a bull or bear trend and knowing which it’s in and when to get in/out. I...
Bitcoin price
Still a high possibility BTC revisits $25-28k. It needs to find the weekly 200 moving average at some point to give the trend some robust structure. Everyone on Twitter calling $100k again. Usually the very best indicator a drop is coming.
I’ve got a bag of DAI. The defi...