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1041  Bitcoin / Bitcoin Discussion / Re: Bitcoin advertising by celebrities. on: December 20, 2020, 11:15:23 AM
Well, I think that was good, but it seems that the promotion it's not intended for Bitcoin. but instead of Cashapp, By the way with or without celebrity help Bitcoin is getting more popular every day so in my opinion, it will help a little.

Bitcoin is a superstar in the Crypto Industry and now Bitcoin started to conquer the real world especially with the current achievements people in my place are suddenly interested in Bitcoin so I believe Bitcoin is already popular now.
1042  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Altcoins Follow BTC Rally? on: December 19, 2020, 12:00:50 PM
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

IMHO, I believe not all altcoins will experiencing a rally in this Bullish market trend. As we notice only Ethereum, XRP and some other altcoins are experiencing some traction forward. Let us accept the reality that it's different now compared to the 2017-2018 Bullish market trend. Because today's market growth is considered organic and not artificially induce unlike before so we must continue to watch who knows if there's a twist in 2021.
1043  Bitcoin / Bitcoin Discussion / Re: Will there be a correction? on: December 19, 2020, 11:24:33 AM
Is there going to be a correction? Your opinions are greatly appreciated.

Regards

IMHO, I believe the correction in the market will follow shortly, But it will not harsh compared to 2018, by the way, thanks to institutional investors pouring some money into the market particularly in Bitcoin because if there's no new capital was poured into the market we will not see a hot and bullish market that we are experience now. 
1044  Alternate cryptocurrencies / Altcoin Discussion / Re: Flash Loan Attack On A Warp Finance Protocol, About $8 Million Stolen on: December 18, 2020, 08:20:14 AM
DeFi lending protocol Warp Finance has reportedly suffered a flash loan attack resulting in the loss of as much as $8 million in digital assets.
"We are investigating irregular stablecoin loans taken out in the last hour, we recommend that you do not deposit anymore stablecoins until we have clarity on the irregularities." said Warp Finance.

Source: https://azcoinnews.com/flash-loan-attack-on-a-warp-finance-protocol-about-8-million-stolen.html

It was happening again and again? honestly speaking when I read this kind of news, I'm doubting that Defi is just a milking cow of some bad actors. I'm tired of reading about this "stolen drama" Because I believe it is an organized activity in the very beginning.
That's, why we can't, blame people/investors to doubt Defi projects because of these "obviously stolen incidents" stories that normally happening today especially in Defi projects.  
1045  Alternate cryptocurrencies / Altcoin Discussion / Re: Should you take loan(s) to invest in crypto? on: December 18, 2020, 07:46:06 AM
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really  interesting topic so I though why not discuss here.

What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?

Actually, I did, in 2018 but ended up a disaster because of the bearish market situation at that time. In the year 2018-2019 the Crypto industry is struggling to survive and experiencing the longest bearish market situation in the history of the Crypto industry that sent too much negativity, especially in the new investors. by the way, I think having a loan to invest in cryptocurrencies is not a bad thing as long as you know what you are doing, But for the best we must educate ourselves first about "do's and don't" in crypto before having a loan so that we are all aware of the real crypto situation.
1046  Alternate cryptocurrencies / Altcoin Discussion / Re: Nearly 12% transaction fee on the ERC-20 platform! on: December 16, 2020, 01:44:18 PM

What do you think about Defi's hype this time?  Why are people willing to pay such a large fee like that ?  Undecided

IMHO, I believe Defi was already slowing down, thats why it's riskier to invest now in most Defi projects, For that reason, I believe that some investors are just speculating on the Defi project called SpiderDAO just like any other Defi projects in the market there's nothing new about it. by the way, Ethereum gas fees were still high and I experience it when I send some token that was cost me $4 dollars yesterday so technically gas still expensive when you send an ERC20 token.

1047  Alternate cryptocurrencies / Altcoin Discussion / Re: 19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015 on: December 16, 2020, 01:22:17 PM
Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

If he was 19 years old today, it means he was just 14 years old at that time when he bought the 185,000 Monero in 2015 that 185K Monero was already expensive so no doubt he was a rich-kid and become much richer with the current price of Monero $128/Monero it was a huge sum of $23,706,048 today that was easy money, In short, the rich was hit the jackpot.
1048  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO was fair, IEO did well, STO flopped, now IDO - Is it going to survive? on: December 15, 2020, 08:42:08 AM
IMO, All of them has a weakness and flawed because it's not regulated, except IEO because the Initial Exchange offering or IEO if it was done on a reputable and transparent exchange platform like Binance and other reliable exchange, And I believe IEO will survive because it is a more secure and sustainable form of fundraising compared in the most fundraising method that was mentioned above.
1049  Bitcoin / Bitcoin Discussion / Re: Early signs of crime with bitcoin. on: December 14, 2020, 10:56:52 AM
When the world is gradually accepting bitcoin, the already made bitcoiners are using those little opportunity to commit various crimes with bitcoin.
  A Russian was sentenced to French prison for bitcoin laundering.
 Source : https://apnews.com/article/cryptocurrency-paris-money-laundering-bitcoin-russia-61b5109e954f494b80d51c452b3b18e2
It is also said that this is not his first crime using crypto currency.
 This are one of the reasons crypto is still rejected .
 What are your thoughts on these?.
 


Mate that was a personal motive, and does not reflect why Bitcoin is rejected in some countries. For me, the biggest issue/causes why Bitcoin was put on hold/rejected in some countries/territories is because of the regulatory issues/laws while some countries impose the ban on cryptocurrencies in order to protect their financial services/Finance base industry because they know already that Bitcoin and other cryptocurrencies are more efficient compared to the old system that most countries have using. just my opinion!
1050  Alternate cryptocurrencies / Altcoin Discussion / Re: Why difference in Transaction fees on: December 14, 2020, 10:38:15 AM
That was also my question before? But now I understand the reason, each platform has its own fee structures. maybe its a wallet or an exchange, the best thing to do is we must visit first the (Frequently Ask Questions FAQ) section if there is one! so that we can be aware of the most common questions that we need to know. But sometimes if you are in hurry mode, you have an option to set your fees a little bit higher so that your transaction will be picked first which is base on my experiences. 
1051  Other / Beginners & Help / Re: Be very careful with every steps you take on: December 14, 2020, 10:19:49 AM
When you don't know what ends a exchange website ( .com .net .io ) there might be a problem, most especially if you are new to the exchange, today I tried to open an account for MXC exchange and because I am not familiar with the exchange I use google to search for info and this is what I found.



There are fake links to majority of crypto exchanges, this isn't the first time, when I saw .ai I knew something is wrong and again the second red flag is the Ad, that's an ad link, scammers are advertising their cloned exchanges, be very careful what you seek for mates.

That was very common now, in almost popular exchange, to popular crypto wallets, etc. have fake duplicates And the most annoying part was Google tolerated those activities. The proliferation of those fake sites on Google is very alarming and if we are not careful, I'm sure we can be potential victims.  thats why we must observe extra precaution while visiting those links just for sure.  
1052  Alternate cryptocurrencies / Altcoin Discussion / Re: If all state banks will make their own cryptocurrency. on: December 13, 2020, 01:23:06 PM
Just think If all the countries will make their own cryptocurrencies. Mean if the central banks or the state banks of the countries make their own cryptocurrencies so what will be the situation in cryptocurrencies world.

In my view.
1. If all the countries will make their own cryptocurrencies so it will start a new war between the countries. Like you can see the China USA tension or Iran USA etc.
2. The countries will prefer only their own cryptocurrency and the other will not be involved.

It is according to my mind.
If the members have the other opinions so share.
And If I am wrong so please guide me.

What do you mean by war? If just the war on innovation will thats bring more opportunity and competitiveness, If every countries central bank will use to create a digital version of their fiat currency I think it cannot affect the crypto industry because CBDC's are just stable coin thats why it cannot directly compete with the decentralized cryptocurrencies like Bitcoin and many others.
1053  Alternate cryptocurrencies / Altcoin Discussion / Re: the most important thing in the development of a project? on: December 12, 2020, 08:39:24 AM
In a project everything must be prepared.

1. The team is experienced in technology so their concept will be good if it is experienced.
2. Funds must be prepared because building a project must have funds. Do not rely on funds from the sale of ICO / IEO. It will be difficult if the project does not develop.
3. Products must be prioritized because the project has a goal on the product so this step must take precedence.
4. Good marketing and can build a community with many who are interested in the project.
5. Do not underestimate tokens at the entry into the low exchange because it will anger the investors.


I think your point is good But I believe it is not a guarantee to make any project successful. Because many projects have already achieved that important point that you mentioned, But eventually they are slowly going down. In some instances just compare to other projects that the hype/popularity is present during the first listing they are surviving til now! I think the most effective part is the Marketing and the exchange that it will be listed.    
1054  Bitcoin / Bitcoin Discussion / Re: A friendly reminder on: December 12, 2020, 08:14:52 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.



It seems that you are certain about your "friendly reminder," By the way 2030 is almost 10 years away, so we dont know yet what will happen in the crypto space, or in our world in that year? and if quantum computing devices will be created I'm sure it will pose a serious problem to bItcoin and all other cryptocurrencies as well because it might easily break the security of Bitcoin and all other cryptocurrencies, so IMO, it's better to consider things before we make any decision so that we can act normally But still Bitcoin is a good candidate for Hodling.
1055  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: TRON SMART CONTRACT SCAM on: December 11, 2020, 12:29:35 PM
IMO, I think YES! because this fraudulent activity was also happening in the Ethereum smart-contract particularly in some Defi projects and then it's also possible to happen in the Tron smart-contract, I believe it is an issue of transparency and lack of proper smart-contract auditing. Because if it was audited by the reputable smart-contract auditor it will be known that there is some backdoor function that the team can do anything in the smart-contract if they want to.
1056  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Issue on: December 11, 2020, 11:55:21 AM
I think we shouldn't put ourselves into a problem about that Facebook glitch, Because I believe that most of the social media platforms are also experiencing any glitch, and thats normal but regarding Facebook own cryptocurrency which is Libra/Diem I dont think it would be the same because it needs a more stable Blockchain Network to function normally so I believe Facebook will make it happen, that's why let the Facebook team handle the problem. 
1057  Alternate cryptocurrencies / Altcoin Discussion / Re: Do people understand what market cap is? on: December 09, 2020, 01:08:47 PM
I been reading some of the threads here and what not and I see people predicating crazy prices in the hundreds for cyrptos (if some of them could even be called that) with billions of coins emitted that run 8 pages deep as if people have no idea how market cap works?

Mate, I understand what you mean, But dont take them seriously they are just speculating about the price of that particular coin/token, But sometimes some of them are not considering things like what you said about the total emission, which is involving the Market Capitalization which is too good to be true or unrealistic. for example, like XRP which has a total supply of almost 100Billion coins and already has 38.739Billion in circulation, someone predicts that the price of XRP could reach $500 which is very impossible, unrealistic and it wouldn't happen even in the future. for me, it's only speculation so let's leave it that way.  
1058  Bitcoin / Bitcoin Discussion / Re: Crypto regulation, a topic of discussion in G-7 meeting on: December 09, 2020, 12:37:09 PM
IMHO, I believe in decentralization, privacy, and anonymity. But it should be aligned in the world that we live in. Our world has many rules, The government rules/laws are in effect in every country that we live in. That's why as a good and law-abiding citizen, we should follow the rules/laws, and because of that, I think the regulation is not a bad thing as long as it was correctly imposed by our respective governments, Because if our government banned the use of cryptocurrency I think that's not good for us, that's why in my opinion it is better to be regulated than to be banned!

My country has already imposed a partial regulation regarding the use of cryptocurrency and already give a license to crypto-exchange to use our local currency to trade against cryptocurrencies so far there's no problem.
1059  Alternate cryptocurrencies / Altcoin Discussion / Re: What affects the most in making timely decisions in the world of Crypto? on: December 08, 2020, 10:19:03 AM
I think we are bound and overcome by our emotional weaknesses in terms of making a decision especially if it was involved in the volatile nature of cryptocurrencies. Like if you are doing trading your emotions holding you back to buy that coin at that price level and after the time is passed the coin that you want to buy was skyrocketed, but its too late and there's nothing you can do about it, the only thing you can do is regret. for me, our emotional weaknesses are the cause that can affect our timely decision in the world of Crypto.
1060  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the best trusted exchange for trading Altcoins with no KYC? on: December 08, 2020, 09:50:12 AM
I prefer choosing Binance because I'm using it since 2017, Since that time in 2017, you can trade and withdraw any cryptocurrencies without having done any KYC with a minimum withdrawal limit of 2 BTC daily, for me that was a more user-friendly approach compared to other thriving cryptocurrency exchange today that using KYC issues to prevent you from withdrawing your own money without any warning in the first place so I can't say anymore but for me, Binance is the best and trusted exchange for trading altcoins with no KYC.
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