Eureka_Projects
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7.5 Years
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Quotes
See original
Welcome... I present to you the offer and demand
#estafadoresdebinance recently I saw a post from someone saying that on Binance they make P2P sales of USDT at 250 and 300 times per USDT, and how they manage to do it, well their tricks are being used to do it when the official price clearly does not allow it, Binance does it through the BCV. I want to tell you something: as long as there are people buying from those scammers, unfortunately this platform will at some point face problems for allowing it. Of course, it is not the platform's fault, but those scammers'. Citizens, do not continue supporting these transactions because they do a lot of damage to the economy. The physical supply and demand for the dollar has nothing to do with this platform; here all cryptocurrencies and currencies from around the world are traded. Every time you go to buy or sell, first investigate and do not let yourself be scammed. Because when you go to sell, they only want to buy at BCV, but when you go to buy, they sell at the price they want #nomasestafa .
See original
If Trump materializes getting Maduro out of Venezuela, that currency will skyrocket.
$TRUMP shit coin, I hate this coin I have lost so much money, what should I do?😭😭
See original
pity is also a lucrative business
VOLATILITY KING
--
💀He Said He Was Dying… Then Rugged 500,000 in 5 Days?! WTF is Happening Out Here?
Man… crypto never sleeps, but apparently neither do scammers.
So picture this: a streamer jumps online all emotional, says he’s got just *120 hours to live*, and drops his own token called *PUMP* on PumpFun. Said it was to “support his family” before he dies. Viewers got emotional, the internet did its thing… and money started FLOWING in.
In just 5 days, this maniac pocketed *500,000 inUSDC*. People were buying like it was the next PEPE. $PUMP price shot up, euphoria kicked in, and then boom… you guessed it — he *rugged* everyone and dipped. Gone. Vanished. Not dying. Just scamming.
And yeah, token price? Straight to *0*. Like it never existed. Another classic rug, but with an Oscar-worthy performance.
This is why I always say — *crypto’s not just about gains, it’s about survival* too. Emotions are expensive in this game. Don't let sympathy override strategy.
What to learn from this? Don’t ape into projects with *zero fundamentals* and a sad backstory. DYOR. Always check for contract ownership, liquidity locks, team presence, and past history. If it's built on *feelings instead of facts*, that’s a red flag.
For real traders: the smart move now is to stick with actual setups. SOL holding strong around246. If BTC stays above 115K, alt season could rotate back in — but the quality plays will lead. Not emotional ones.
I get it — we all want to believe in good stories, but crypto’s wild west energy is still alive. Protect your bags.
So now tell me — would you have fallen for this streamer’s emotional trap? Or did your scam radar go off instantly?
$PUMP
$SOL
#BNBBreaks1000
Man… crypto never sleeps, but apparently neither do scammers.
So picture this: a streamer jumps online all emotional, says he’s got just *120 hours to live*, and drops his own token called *PUMP* on PumpFun. Said it was to “support his family” before he dies. Viewers got emotional, the internet did its thing… and money started FLOWING in.
In just 5 days, this maniac pocketed *500,000 inUSDC*. People were buying like it was the next PEPE. $PUMP price shot up, euphoria kicked in, and then boom… you guessed it — he *rugged* everyone and dipped. Gone. Vanished. Not dying. Just scamming.
And yeah, token price? Straight to *0*. Like it never existed. Another classic rug, but with an Oscar-worthy performance.
This is why I always say — *crypto’s not just about gains, it’s about survival* too. Emotions are expensive in this game. Don't let sympathy override strategy.
What to learn from this? Don’t ape into projects with *zero fundamentals* and a sad backstory. DYOR. Always check for contract ownership, liquidity locks, team presence, and past history. If it's built on *feelings instead of facts*, that’s a red flag.
For real traders: the smart move now is to stick with actual setups. SOL holding strong around246. If BTC stays above 115K, alt season could rotate back in — but the quality plays will lead. Not emotional ones.
I get it — we all want to believe in good stories, but crypto’s wild west energy is still alive. Protect your bags.
So now tell me — would you have fallen for this streamer’s emotional trap? Or did your scam radar go off instantly?
$PUMP
$SOL
#BNBBreaks1000
See original
This is something fundamental in the economy in any field and it's called supply and demand..Concept that is only handled in depth at a university and not by watching a tutorial
I don't understand why in selling the USDT is more expensive but in buying the prices should be almost equal on both sides. So the one who sells USDT and I want to buy earns more because he sells it expensive and the one who buys it earns less.xdddd
See original
Apolo Pay is another app created from Venezuela be careful because in my case I do not trust apps created from there and even less when there are no guarantees
🌐💸 APP APOLO PAY..??
❓❓NEW OPTION AND CHEAPER..??
💥WATCH OUT 💥
💥The cheap always ends up being more expensive💥
📚🌐 FIRST, WE MUST EDUCATE OURSELVES ..
💥 Apolo Pay is a digital cryptocurrency wallet, not an app with a public development history, that focuses on the fast and secure sending and receiving of digital dollars (USDT), operating in the P2P (peer-to-peer) market and with support in countries like Venezuela, Colombia, and Argentina.
💥 The app uses the Near network and is backed by the security provider BitGo.
💥 Main Features
🌐 1. Sending and receiving digital dollars: Allows immediate transactions both nationally and internationally.
🌐 2. P2P Market: Facilitates the exchange of digital dollars for the local currency of the users.
🌐 3. Advanced security: Uses cold wallets and KYC (know your customer) verification to protect funds.
🌐 4. Online support: Offers assistance through a chat within the application.
🌐 5. Near Network: Transactions are carried out by leveraging the efficiency of the Near network.
💥 Availability and Use
🌐1. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 2. Registration process: Registration with an email address and completion of KYC verification is required.
🌐 3. Apolo Pay's focus: To facilitate transactions, making digital payments simpler and faster.
🌐 4. Community support: The app is presented as a tool to connect families and help those in need.
🌐 5. Security as a priority: Focuses on meeting high security standards, similar to those of traditional banking.
🌐 6. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 7. Registration process: Registration with an email address and completion of verification is required.
❓❓NEW OPTION AND CHEAPER..??
💥WATCH OUT 💥
💥The cheap always ends up being more expensive💥
📚🌐 FIRST, WE MUST EDUCATE OURSELVES ..
💥 Apolo Pay is a digital cryptocurrency wallet, not an app with a public development history, that focuses on the fast and secure sending and receiving of digital dollars (USDT), operating in the P2P (peer-to-peer) market and with support in countries like Venezuela, Colombia, and Argentina.
💥 The app uses the Near network and is backed by the security provider BitGo.
💥 Main Features
🌐 1. Sending and receiving digital dollars: Allows immediate transactions both nationally and internationally.
🌐 2. P2P Market: Facilitates the exchange of digital dollars for the local currency of the users.
🌐 3. Advanced security: Uses cold wallets and KYC (know your customer) verification to protect funds.
🌐 4. Online support: Offers assistance through a chat within the application.
🌐 5. Near Network: Transactions are carried out by leveraging the efficiency of the Near network.
💥 Availability and Use
🌐1. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 2. Registration process: Registration with an email address and completion of KYC verification is required.
🌐 3. Apolo Pay's focus: To facilitate transactions, making digital payments simpler and faster.
🌐 4. Community support: The app is presented as a tool to connect families and help those in need.
🌐 5. Security as a priority: Focuses on meeting high security standards, similar to those of traditional banking.
🌐 6. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 7. Registration process: Registration with an email address and completion of verification is required.
See original
This app is another one created from Venezuela. I am Venezuelan and I don't trust any application that comes from music. Be careful because there are no guarantees in case of loss of funds.
🌐💸 APP APOLO PAY..??
❓❓NEW OPTION AND CHEAPER..??
💥WATCH OUT 💥
💥The cheap always ends up being more expensive💥
📚🌐 FIRST, WE MUST EDUCATE OURSELVES ..
💥 Apolo Pay is a digital cryptocurrency wallet, not an app with a public development history, that focuses on the fast and secure sending and receiving of digital dollars (USDT), operating in the P2P (peer-to-peer) market and with support in countries like Venezuela, Colombia, and Argentina.
💥 The app uses the Near network and is backed by the security provider BitGo.
💥 Main Features
🌐 1. Sending and receiving digital dollars: Allows immediate transactions both nationally and internationally.
🌐 2. P2P Market: Facilitates the exchange of digital dollars for the local currency of the users.
🌐 3. Advanced security: Uses cold wallets and KYC (know your customer) verification to protect funds.
🌐 4. Online support: Offers assistance through a chat within the application.
🌐 5. Near Network: Transactions are carried out by leveraging the efficiency of the Near network.
💥 Availability and Use
🌐1. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 2. Registration process: Registration with an email address and completion of KYC verification is required.
🌐 3. Apolo Pay's focus: To facilitate transactions, making digital payments simpler and faster.
🌐 4. Community support: The app is presented as a tool to connect families and help those in need.
🌐 5. Security as a priority: Focuses on meeting high security standards, similar to those of traditional banking.
🌐 6. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 7. Registration process: Registration with an email address and completion of verification is required.
❓❓NEW OPTION AND CHEAPER..??
💥WATCH OUT 💥
💥The cheap always ends up being more expensive💥
📚🌐 FIRST, WE MUST EDUCATE OURSELVES ..
💥 Apolo Pay is a digital cryptocurrency wallet, not an app with a public development history, that focuses on the fast and secure sending and receiving of digital dollars (USDT), operating in the P2P (peer-to-peer) market and with support in countries like Venezuela, Colombia, and Argentina.
💥 The app uses the Near network and is backed by the security provider BitGo.
💥 Main Features
🌐 1. Sending and receiving digital dollars: Allows immediate transactions both nationally and internationally.
🌐 2. P2P Market: Facilitates the exchange of digital dollars for the local currency of the users.
🌐 3. Advanced security: Uses cold wallets and KYC (know your customer) verification to protect funds.
🌐 4. Online support: Offers assistance through a chat within the application.
🌐 5. Near Network: Transactions are carried out by leveraging the efficiency of the Near network.
💥 Availability and Use
🌐1. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 2. Registration process: Registration with an email address and completion of KYC verification is required.
🌐 3. Apolo Pay's focus: To facilitate transactions, making digital payments simpler and faster.
🌐 4. Community support: The app is presented as a tool to connect families and help those in need.
🌐 5. Security as a priority: Focuses on meeting high security standards, similar to those of traditional banking.
🌐 6. Platforms: The application is available for iPhone, iPod touch, and Mac, as well as for Android.
🌐 7. Registration process: Registration with an email address and completion of verification is required.
See original
7: Those of us who handle crypto can never compare ourselves to the large mining, gas, and border activities that exist; the crypto activity is a small percentage in comparison
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
7: never what we operate with cryptocurrencies can be compared to the large mining and gas activities in the country, we are a point in that drawing called inflation.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
6: This affects the global market and more in Venezuela where everything is imported and there are no cash dollars provided by the Central Bank of Venezuela
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
5: Usdt is a cryptocurrency despite supposedly being stable and in relation to the US dollar itself, it has suffered a 40% devaluation in its own country.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
4: It is childish to think that the price of USDT is what is affecting the market; just look at the United States where their currency is worth 100,000 times less than the dollar.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
3: Especially in border states like Bolivar state, where the price of the dollar is determined by the price of gold, and it is there that cash dollars circulate.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
2: Venezuela is a bordering country with Brazil, Colombia, and Guyana, and in border cities, its dynamics are governed by the currency of the neighboring country.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
1:I repeat as in other posts that I give my comment. Even though Venezuela is one of the countries with the most P2P users, it does not mean that the market price is governed by speculation.
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
Financial instability
Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust
Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy
USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
See original
the people who trade with cryptocurrencies do not reach even 10%. Venezuela, despite being one of the countries with the most users in P2P, moves more gold and cash dollars.
Ok, this is getting out of control.
I will provide an explanation so that everyone understands the problem. In Venezuela, the buying/selling of foreign currency is regulated by the government, which determines its reference price through the Central Bank of Venezuela (BCV) for banks, exchange houses, and any relevant financial institution.
Over the years, the BCV has been unable to meet the demand for foreign currency, leading to the emergence of a parallel market that seeks to satisfy that demand but at a higher buying/selling price than the official market, which is that of the BCV.
After the arrival of stablecoins, Venezuelans have managed to meet their foreign currency needs (mainly dollars) through the buying/selling of USDT, which began using the exchange rate of the parallel market that exists in Venezuela as a reference. But for a few months now, there has been an attempt to "eliminate" the parallel market, preventing people from knowing the rate and making its use illegal.
Now there is no concrete reference for the price in the parallel market, leading to an uncontrolled rise in the price of USDT in the P2P market of Venezuela. Additionally, more and more people are using this alternative, increasing demand, and the rise in the number of people trading in the P2P market to make profits has caused greater discrepancies in this increase.
I will provide an explanation so that everyone understands the problem. In Venezuela, the buying/selling of foreign currency is regulated by the government, which determines its reference price through the Central Bank of Venezuela (BCV) for banks, exchange houses, and any relevant financial institution.
Over the years, the BCV has been unable to meet the demand for foreign currency, leading to the emergence of a parallel market that seeks to satisfy that demand but at a higher buying/selling price than the official market, which is that of the BCV.
After the arrival of stablecoins, Venezuelans have managed to meet their foreign currency needs (mainly dollars) through the buying/selling of USDT, which began using the exchange rate of the parallel market that exists in Venezuela as a reference. But for a few months now, there has been an attempt to "eliminate" the parallel market, preventing people from knowing the rate and making its use illegal.
Now there is no concrete reference for the price in the parallel market, leading to an uncontrolled rise in the price of USDT in the P2P market of Venezuela. Additionally, more and more people are using this alternative, increasing demand, and the rise in the number of people trading in the P2P market to make profits has caused greater discrepancies in this increase.
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Bitcoin consolidates near 114,000 dollars showing technical resistance
Ethereum remains volatile in a range of 3,400 to 3,700 dollars amid ETF inflows
Solana, XRP, and Cardano lead the gains of altcoins with renewed risk sentiment
The fear and greed index is at 52 indicating a neutral sentiment in the market
The total market capitalization of crypto is around 375 trillion dollars
#crypto #bitcoin #ethereum #altcoins #binancesquare
Ethereum remains volatile in a range of 3,400 to 3,700 dollars amid ETF inflows
Solana, XRP, and Cardano lead the gains of altcoins with renewed risk sentiment
The fear and greed index is at 52 indicating a neutral sentiment in the market
The total market capitalization of crypto is around 375 trillion dollars
#crypto #bitcoin #ethereum #altcoins #binancesquare
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Bitcoin consolidates near 114,000 dollars showing technical resistance
Ethereum remains volatile in a range of 3,400 to 3,700 dollars amid ETF entries
Solana, XRP, and Cardano lead the increases in altcoins with renewed risk sentiment
The fear and greed index is at 52 indicating a neutral sentiment in the market
The total market capitalization of crypto is around 375 billion dollars
#crypto #bitcoin #ethereum #altcoins #binancesquare
Ethereum remains volatile in a range of 3,400 to 3,700 dollars amid ETF entries
Solana, XRP, and Cardano lead the increases in altcoins with renewed risk sentiment
The fear and greed index is at 52 indicating a neutral sentiment in the market
The total market capitalization of crypto is around 375 billion dollars
#crypto #bitcoin #ethereum #altcoins #binancesquare
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Weekend Close Summary in the Crypto World
The weekend in the crypto world was marked by volatility and macroeconomic uncertainty with a strong political component. The suspension of Trump’s tariffs on his trade partners ended on Friday, which reignited concerns about the global economy and affected investor confidence. As a result, the crypto market experienced a decline, with the global market dropping nearly 6% in 24 hours. Bitcoin fell below the $113,000 mark, although it showed signs of recovery by Sunday’s close, surpassing the $114,000 threshold again.
Despite the market downturn, the confidence of some whales, large investors, was not affected. Activity was reported from a Bitfinex whale that bought 300 BTC per day during the decline, demonstrating a buy the dip strategy. This stance was reinforced by figures like Eric Trump, who also posted a message on X encouraging buying during the dip.
In the political arena, the focus remains on regulation. Following the recent Crypto Week at the U.S. Capitol, the industry continues to seek clarity in a regulatory framework. The new Trump administration remains a key player, with the SEC pushing for regulatory initiatives and the Trump family involved in their own crypto ventures, raising questions about potential conflicts of interest.
In summary, the weekend was a mix of macroeconomic uncertainty and reactive market movements, but also signs of long-term confidence from major investors despite political and regulatory challenges.
#CryptoNews #Regulacion #EconomiaGlobal
The weekend in the crypto world was marked by volatility and macroeconomic uncertainty with a strong political component. The suspension of Trump’s tariffs on his trade partners ended on Friday, which reignited concerns about the global economy and affected investor confidence. As a result, the crypto market experienced a decline, with the global market dropping nearly 6% in 24 hours. Bitcoin fell below the $113,000 mark, although it showed signs of recovery by Sunday’s close, surpassing the $114,000 threshold again.
Despite the market downturn, the confidence of some whales, large investors, was not affected. Activity was reported from a Bitfinex whale that bought 300 BTC per day during the decline, demonstrating a buy the dip strategy. This stance was reinforced by figures like Eric Trump, who also posted a message on X encouraging buying during the dip.
In the political arena, the focus remains on regulation. Following the recent Crypto Week at the U.S. Capitol, the industry continues to seek clarity in a regulatory framework. The new Trump administration remains a key player, with the SEC pushing for regulatory initiatives and the Trump family involved in their own crypto ventures, raising questions about potential conflicts of interest.
In summary, the weekend was a mix of macroeconomic uncertainty and reactive market movements, but also signs of long-term confidence from major investors despite political and regulatory challenges.
#CryptoNews #Regulacion #EconomiaGlobal
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The Great Wall of Japan
After the devastating earthquake and tsunami of 2011, Japan invested billions of dollars in a colossal engineering project: a Great Wall of concrete that stretches over 400 kilometers along the coast. With walls up to 15 meters high in some areas, this mega construction does not aim to completely stop the giant waves but to reduce their force and provide crucial time for populations to evacuate. This ambitious project is a testament to the resilience and commitment of Japan to the safety of its citizens.
#Tsunami #Infraestructura #BinanceSquare
After the devastating earthquake and tsunami of 2011, Japan invested billions of dollars in a colossal engineering project: a Great Wall of concrete that stretches over 400 kilometers along the coast. With walls up to 15 meters high in some areas, this mega construction does not aim to completely stop the giant waves but to reduce their force and provide crucial time for populations to evacuate. This ambitious project is a testament to the resilience and commitment of Japan to the safety of its citizens.
#Tsunami #Infraestructura #BinanceSquare
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NFTs are the trash of cryptocurrencies that were once in fashion, just like the trashy fashion of BALENCIAGA in the real world
I bought this useless NFT "tulip" for $8000 in 2021. And now it's worth $7, I can't stop laughing!
They said to invest in digital art....#Write2Earn!
$BTC
{spot}(BTCUSDT)
$BNB
{spot}(BNBUSDT)
#BTCvsETH
#TrumpBitcoinEmpire
They said to invest in digital art....#Write2Earn!
$BTC
{spot}(BTCUSDT)
$BNB
{spot}(BNBUSDT)
#BTCvsETH
#TrumpBitcoinEmpire
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