Latest posts of: Crypto

Quote from: BitSat19 on September 09, 2020, 10:00:07 AM

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled in what appears to be an exit scam.

https://www.coindesk.com/blockchain-security-firms-eos-defi-locked-crypto

And the crypto influencers are promoting any new tokens which is getting listed for a quick pump. How many such promoters are giving out some information like this ?

Quote from: RabbiTANK on September 03, 2020, 09:14:46 AM

Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

That's exactly what greedy developers are looking for , gullible and naive investors. Be very very thorough before investing a project . Having said that not all projects who implement sefinare bad.

Some projects fail to make the payment to hunters even some reputed projects. I remember some with Waterloo winner project failed to pay bounty but that didn't stop me . Keep going and you will be rewarded.

I don't know if polkadot will become the ethereum killer but it's good that there are some competition to ethereum platform. The gas fees is unbearable recently.

Eterbase exchange hot wallet has been hacked and the hacker is apparently selling tokens on uniswap.

Be careful leaving huge funds on exchanges. Always keep it yourself in a secure way.

The trend seems to be that create a new Asin foo token , hype it up and then dump it on the investors. That is why I am not taking the risk on buying tokens with anonymous teams.

I am not saying it's bad but just not my cup of tea.

WEEK 11

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I personally avoid doing transactions or trading in Dex when the fees is high. You can check 1inch exchange I heard that the fees are less there (not sure though).

If making money is 100 percent given then the entire world would be pouring their money here. It's not easy , you have select the right project and hold your nerve for a long time possibly to get profit.

I think it's pretty clear that if you wanna risk more then you can go and invest in altcoin where the rewards can also be high. Bitcoin is a relatively safe investment in crypto which gives decent returns too.

We just saw yet another 51 percent attack on eth classic. Now why would anyone want invest in ETC when they can buy so many altcoins and eth itself in this bull market.

I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.

Is there any other Oracle project that is looking to so the same thing that chain and band protocol are doing but is relatively early in the development ? Looking to invest in some Oracle after reading.

I think this isn't the first time that ETC HAS suffered the 51% attack. I made a mistake if buying it just because it has the name ETH in it when I was a noob.Not gonna do it again.

I started looking at Nucypher during the bull run of 2017 and it sounded like an interesting project but they never did a Ico and frankly I think they missed the opportunity. I hope they utilize this bull market.

Uniswap is a gift to all the projects as well as traders . Although the price of transactions are high due to high gas price it is a welcome addition to crypto traders especially those who prefer decentralized exchanges.

Although these are standard coins I believe that the list is well known and is for safe portfolio returns. If you want more returns you have to look at hidden gems which are risky as well.

WEEK 10

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The easiest one to be is myetherwallet but there is also a lot of phishing happening in there . So it's risky if you don't use a hardware wallet.that's my opinion.

I remember a site called coinmarketcalendar which lists the upcoming events of the crypto projects. But it's better to check some Twitter accounts as they keep updating regularly.