@MerlijnTrader War? Seems a little bit dramatic. USDT and USDC have been greedy and this new stable aims to grab at some of that market share in a smart way.
@DefiIgnas Platforms like HYPE are positioned well since they are defi and anyone can access their platform worldwide for the most part. I'm sure that there will be more and more defi trading platforms popping up as regulations hit
@Bladtrix@MerlijnTrader XRP, HBAR, BSC, TRON, EOS, and Base all have centralized control points, whether through foundations, companies, small validator sets, permissioned governance, or sequencer control.
@Bladtrix@MerlijnTrader USDT and USDC are centrally issued stablecoins. Their issuers can mint, redeem, freeze, or blacklist tokens to comply with regulations or legal orders, making them fundamentally different from the many decentralized cryptocurrencies like BTC
@CryptoPulse_CRU I'm agreeing that this is good for crypto. Ripple will do well collecting fees in the form of RLUSD. But XRP will be left behind. The XRParmy has been expecting adoption to raise XRP value. I'm saying RLUSD eliminates all web2 demand for XRP. Banks won't buy it
@CryptoPulse_CRU Big banks worldwide have put a lot of pressure on Ripple to create RLUSD. At the same time large financial institutions are creating their own chain to tokenize their assets and make transfer instant. Even the NYSE plans to tokenize and make the market 24/7. None will use XRP
@CryptoPulse_CRU Banks refuse to use and hold XRP to cover tx fees. That's why Ripple made the stable coin. Txs fees need to be stable and USD pegged is the only way. As for crypto win, i don't see it. Just a centralized chain doing what the banks tell them to do
@Bladtrix@MerlijnTrader These are all centralized exchanges that are required to follow rules. Not all of crypto is decentralized. XRP, HBAR, USDT, USDC all centralized. BSC, EOS, TRON, RON ans BASE are controlled the same way as centralized chains but claim they are decentralized. They too must obey
@AltcoinSherpa I feel like HYPE is already moved to far to expect much from it. Most decent high cap tokens should still outperform HYPE from here since their are all near bottom
@MerlijnTrader Without addressing success vs failure on their goals, no timeframe has been met with this administration. It's almost like they say what they think people want to hear. But i know for fact that they never lie so I'm baffled as to why this happens all the time
@AltcoinSherpa $HYPE even if it moons, how high can it go? $100? $150? It's not bag but if SOL does it's usual in the next bull, it will go way higher. Need to see $20 HYPE for it to look juicy
Saving this here for later. Crazy or genius.... only time will tell. Levels and distance in time are not to scale. I have no idea what the bottom would be or for how long the run would last but the pattern looks similar to me
@MizerXBT Can you share you risk strategy? BTC showing 260% in the red. How do you avoid liquidation? What percentage of the account do you keep in USDT to cover the trade? It's a cross trade ofc, right? Or do you keep adding to it as it goes the wrong way?