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1141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Pre-ANN] ॐ AKASHA ॐ an Ethereum Clone for Religious Purposes on: May 08, 2021, 11:07:05 PM
What's the summary of your first post? Between the horde of links, the title that said it is a religious project, soap and lye, and all of that mixed together in a pool of uncountable words, I lost your main idea (or rather, lost my motivation to learn what you tried to say). So, a TL;DR would be nice.

I agree. I started out at the beginning thinking "Cool, a new chain with tokens for religions". And then you lost me.

A TLDR or even a mission/objective of the project. Try and keep it simple when presenting new ideas or you'll lose everyone.

I don't think the OP knows what he is doing here. He got sidelined with things and now it becomes a lil bit complicated. What we can do is watch what is going on and see how this project progresses. It is not a very smart option, if you will shell out some money here without getting clear path of what they want to do in the first place. They need to focus in one thing to achieve something here.
1142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 08, 2021, 10:50:16 PM
Again, there is no support. Short-term growth is accompanied by market sales.
Support and resistance are nothing. Moreover, with small volume coins, which types of support or resistance you want to have? Does such support or resistance mean anything?

Quote
And I also see information that the developer has stopped visiting the bitcointalk forum.
One week without online activity is an end of something, really? Any one us, exclusively the BitGeSell developers, have to take a rest and might have personal issues to solve.

Please stop your non sense fud. Price is cheap enough for you to accumulate it.

I agree with you here. 1 week is no big deal. That's not a problem at all. It doesn't mean that she will not come back anymore. The price is going down but if there is still active development going on, there's no need to worry. Check their other social media channels like telegram, the admin is still very active. If you think that this coin has potential, this is a very good time to get more of these coins.
1143  Alternate cryptocurrencies / Altcoin Discussion / Re: Shall I HODL DOGE? on: May 08, 2021, 10:25:58 PM
Selling your bitcoins for dogecoin sounds like a really bad idea. If you have to compare bitcoin and dogecoin, it will be more correct to be in favor of bitcoin, despite the high transaction fees of bitcoin. Comparing bitcoin and dogecoin is really ridiculous. this is my opinion. I wouldn't do such a thing. I would hold dogecoin, but it would be all about tracking pumps to make money. (I have never invested in Dogecoin to date.)

The future of doge is very hazy one as it has no solid direction where it is going. Why not solid? Because right now, the major determining factor of pump is owed to Elon Musk. Do you think it is a sustainable approach for the future of a coin. I don't think so. So comparing doge and bitcoin? That's really ridiculous. Surprisingly, doge is in the top 4 position, but for how long? This is a scary investment to take but up to the user if he can take this risk.
1144  Alternate cryptocurrencies / Tokens (Altcoins) / Re: CatzCoin (CATZ) - Fastest Growing Cryptocurrency Made for Cat Lovers on: May 08, 2021, 10:02:37 PM
You failed to mention how much token reserved for team and "development purpose where team can use them as they see fit", and I think this sentence answers that,

"40% of the coins have been placed with PancakeSwap. Over time, 20% of the coins will be burnt to the ground, 15% will be airdropped to turn DOGE people into CATZ people (meow) and 5% will be used to sponsor needy cats. The remainder will be used for promotion and given to people helping to facilitate."

20%? For something that claimed to be "by the cat for the cat" whose goal is to help stray cats, how could those cat only get 5% allocation while "people helping to facilitate" got 20%?

Can the team give a clear explanation on this? That's a large percentage allotted for the people that will get involved in this project but small allotment for what they supposed to be helping, the cats. Is this really dedicated for the cats' welfare or the people on this project? And also, their rep should be more active here to answer some of these questions. Otherwise, how can we get answers from them?
1145  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Dogecoin reach 1$ soon? on: May 08, 2021, 09:34:47 PM
Dogecoin has pumped from its price of around $0.05 to $0.6 in less than 2 months period. If it can make this type of move organically, i see no reason why the price of dogecoin cannot reach $1 soon. As long as the bull run is still on, dogecoin can reach $1 or more.
Also the effects of the community has also played a big role and the Elon Musk tweets too
new investors buying doge coin rigth , most of them attracted with elon musk's tweet and starting buying doge. in my opinion there are alot fresh money from come from the person who make their first investment in crypto market. we will see after the date elon musk speak in saturday night lounge , doge will continue climbing or maybe dumped.

Investing in DOGE right now isn't a smart move I think. It's just to risky at the moment. Of course it can rise some more but everyone knows it can't stand this high for a long time.
Why not smart choose for investing in doge coin, I see many potential for higher price with Elon Musk tweet because Doge coin can be pump, but lets see with your words is wrong about Doge coin not best solution for investing. I know when doge coin still lower price many time can break out to higher price and really close with $1.

Of course it can be still higher but it has been pumped so big already that this bubble can burst sooner or later. As I told before investing short term is great but I wouldn't invest in doge for the long term.

This is a very risky investment for long term as it pumped owed only to Elon Musk's tweets. Once Elon decided not to support this coin anymore, the fall is inevitable for this coin. How is this going to increase without him? So yes, I don't see it also as a long-term investment. We have no idea what is in Elon's mind. Is he here for long term support?
1146  Bitcoin / Bitcoin Discussion / Re: Tesla and market manipulation crime on: May 07, 2021, 11:55:49 PM
Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?
1147  Bitcoin / Bitcoin Discussion / Re: Mixing your Bitcoin might become illegal in the future on: May 07, 2021, 11:11:17 PM
Do you think there's a possibility this will happen in the future? If not, why? What do you think will happen once mixers (both custodial and non-custodial) are banned by the government? Will this force people to use privacy coins more thoroughly? Or will everything remain the same?
It is not a huge surprise that the government will ban any services that would help in maintaining your privacy and mixing services are a target for a long time and some of the BTCitcoin mixers were either forced to shut down (Bestmixer) and some ceased their operation due to fear of retaliation by the government (BitMixer) and we know about cases where the mixers were fined huge amounts (Helix, Coin Ninja).

So it is not a big surprise that  BTCitcoin or any mixing would become illegal in the future and they might even force the exchanges to reject mixed coins and that is the case with privacy coins as well, when legalization kicks in they will force the exchanges to remove privacy coins from their exchanges and we have already seen that initiative in some the exchanges registered in the US.

What traders can do if that will indeed happen is to just exchange their coins to another alt that is more friendly from the government's eyes. And then send it to their wallet. So the address is coming from the exchange itself and not from their original address. I believe there are other ways to preserve your privacy other than using mixers. Because sooner or later, these mixing services will be tagged as negative by regulatory bodies.
1148  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH sheep, buy now? on: May 07, 2021, 09:59:13 PM
now the price of ETH is very high but no one knows whether it will continue to increase or will the price go down again.
If you want to buy it depends on your trading strategy if you believe that one day ETH will continue to increase in price whenever it is the right time to buy. and now if you want to trade on a daily basis it is also great to see the very good ETH moves lately.

It may be high today but looking at the potential of eth in the next coming months, especially this July, the probability that it will go up more is very high. So this $3k+ level will not be high anymore. So it really depends on the OP how he look at ETH platform. Does he believe that ETH will stop increasing today or has the potential to grow more? I believe the latter. Also, it relies on how long is he looking to invest on this project. Is is just for short-term or long term?
1149  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Gas fee issue on: May 06, 2021, 11:59:48 PM
I tried to swap my Tango tokens on uniswap and i was charged over $30 worth of ETH for the transaction as if that wasn't bad enough, the transaction still failed. Now the transaction didn't go through, but i still lost some money.
Ethereum gas fees are so ridiculous right now and it is putting a lot of people off from investing in cryptocurrencies

I thought the eth gas fee has been reduced because of the berlin hard fork. Unfortunately, still the fees are ridiculous. Have you checked the gas tracker - https://etherscan.io/gastracker, before executing your transaction. The fees are still high, I thought it has been reduced at least a lil bit. Right now, BSC network is really a better option. It is not worth to create an order if the fee is more than what you're getting for.
1150  Alternate cryptocurrencies / Altcoin Discussion / Re: Burning of cryptocurrency on: May 06, 2021, 11:01:23 PM
Burning some cryptos (e.g. BNB) means that the supply will decrease which is limited normally. And after it, that cryptocurrency will be much more valuable as its supply will be lower than before. And the price will be likely to increase too.

This may be true to BNB but for other alts, even if they have burning program, they won't go that far. It needs valid reason why it will become a valuable one, not only because of this burning activity. If the team is actively developing their project and looking for use cases while doing this burning activity, then, the increase of value may happen. But if not, burning will only be futile.
1151  Bitcoin / Bitcoin Discussion / Re: Is Incorporating BTC the way forward for most companies? on: May 05, 2021, 11:49:18 PM
I am stil wondering why loads of companies will be delaying in terms of addding crypto to their paymetn structure,  i understand that the space is volatile and all of that but if they so not want to pay in assets like bitcoin then they can either adopt  a project or tokenize their project so as to pay people in the native currency.

Maybe most of them don't know yet how to deal with crypto, bitcoin in particular. Because for new users, it is not easy to get oriented with crypto and some of them don't have time to understand what it is needed to utilize crypto in their payment method. But I am guessing, some of them are already looking into this option, now that crypto or bitcoin is somehow getting attention to top companies. They need time to fully integrate crypto in their payment system.
1152  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Predict $20,000 for dogecoin in 5years time on: May 05, 2021, 10:08:24 PM
yeah, i believe this will be happend, not only in 5 years but soon, IF Elon Musk drop all his money to Dogecoin mate
if not this will be a big dream buddy
For me it is really hard to see Dogecoin at 20k in 5 years, that is why dogecoin doesn't deserve it and this projects has been created for joking, that means it has not any purpose. But to tell the truth this coin is manipulated by Elon Musk and this affects so great the price of Doge coin. If people doesn't follow the post of Elon Musk and invest in this project. In this situation Dogecoin has not any chance to reach this price neither in 5 years nor in 10 years.

It has purpose before like it is used by many traders for transfer purposes or in gambling sites. However, lately, it seems the fees are getting high as compared to other known alts like LTC or TRX. So it is not economical to use doge anymore in the transfer purposes use case. So if this will rely only on Elon Musk, this will not be a sustainable approach and it can go sideways anytime if in case Musk decided not to support this coin anymore.
1153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Work Quest - Global End to End Jobs Marketplace Powered on Smart Contract. on: May 04, 2021, 11:49:17 PM
I noticed it's only Demo version of the WorkQuest product that's available at the moment I will like to know when exactly we should be expecting the Beta version and the Complete Product launch? I know it's not easy launching a project most especially in Blockhain industry but it's an added advantage when there's a tentative information on when the General public should be expecting the complete product Live this will not only drive on expectations but also contribute greatly to the Demand of WQT Token.

This is a very good question. Because some projects, they never got out of their Demo stage. But with this type of platform, which a lot of people need during these trying times, they should fast track their developments here. I believe a lot of people will utilize this platform if it has been marketed correctly. People will try to understand even if they are new to blockchain projects, in order for them to find alternative source of income. Looking forward to see their platform takes off.
1154  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My crypto portfolio, please give me some feedback on: May 04, 2021, 11:19:38 PM
the greater part of its portfolio is made up of btc anyway, so it looks very good. You've made a portfolio of altcoins from the top 100 coins in the market, most of them are actually potential projects, but the only problem will be to follow.

He has actually a very good list in his portfolio. But one problem that may arise, is what you mentioned. Would be very hard to keep up with those alts/tokens. But the majority, BTC, BNB and ETH are very good choices. It is much better if the OP can track those coins in his portfolio, in terms of developments, market movements, as it will help him decide to keep those coins or not, or divert to other coins.
1155  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] CafeSwap a Yield Farming and Staking Platform on BSC Chain on: May 04, 2021, 10:14:24 PM
I just visited CafeSwap Telegram community and I see it's muted members are not allowed to Communicate nor ask questions this is unhealthy and lack of transparency. Cafe team should let the general public know why the Telegram Community is muted and let us know the alternative by which CafeSwap Exchange users can submit complaint if they face any challenges when using the platform and the medium to educate newbies?

We are very sorry for the inconveniences, the telegram was lock due to high rate of Spam message and the team have resolved the spam the issue. You can now access the telegram group freely and ask any question there.

Yes, just ban users that are obviously spamming the channel. Because it will always be better to have a direct communication with the team. Because some users are really new to BSC network, and your help would really be needed in order for them to proceed with their farming or staking. Also, it is an easy way to directly contact the team if some users have vital questions. But some are really spammers or bots and I think they deserved to be banned.
1156  Alternate cryptocurrencies / Altcoin Discussion / Re: Why FOMO when a coin is pumping on: May 03, 2021, 11:39:21 PM
I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
Yes, that's how you describe that hustle. At first, they have thought that the price would continuously going to increase and that's why in some  reasons.
They are buying the coin that pumps in a thought that there will be another increase that will happen after they purchase. It's just the same as the other markets like in stocks.

And also because they are holders of that particular coin, why they try to increase its price by spreading FOMO feelers in the community. And for those who have no idea what's going on, some will ride the hype and usually it is already too late before they realized that they bought bag of worthless coins. So before convincing yourself in this kind of hype, make sure that you also dig some background of the coin. Because if it is empty, you can very well see it on their website.
1157  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you trust centralized exchanges? on: May 03, 2021, 08:18:01 PM
This is a decision that has to be made from case to case. For me the most important factor is whether the exchange is licensed, the people behind it are publicly known and where the exchange really operates. If there is no chance for any recourse should the exchange get hacked or the owners run off with the coins, I wouldn't touch it.
If the exchange is license and if they have insured then it would be great but how many exchange does have these options and there wont be many. I wont trust anyone even if they are publicly known as we have seen operators running off with the coins in the past and you should not take the risk by trusting these operators unless it is licensed in a reputable country as there are many exchanges registered in offshore countries and it does not mean nothing if something bad happens.

As far as I know, only Binance and Coinbase have some type of insurance. But for Coinbase only their USD assets are insured (https://www.coinbase.com/legal/insurance). However in Binance, all your assets are secured by their SAFU, which I believe, is much better. So even if you store other alts, you are pretty much covered with their insurance, in case, something happens to their platform. For me, I will trust my coins on Binance but if you can store your own coins in your own wallet, why not?

https://www.binance.com/en/blog/307883269744750592/Binance-Is-SAFU-7-Ways-We-Secure-Your-Assets-247
1158  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Neo has the ability to exceed $ 300 on: May 03, 2021, 06:24:44 PM
If the developers are interested to shift to NEO then we might see a rally in them but now all the developers are choosing BNB and so is the reason the price in BNB rallied this much in a short period of time and i have not seen any other network other than BSC taking advantage of the ETH situation, so it is hard to say it will reach those valuation unless you have some insider information about new projects to share.

This may be one of the reasons why NEO can't surpass yet even the previous ATH of about $198. Most developers or users are going into the BSC network these days. Has anyone mentioned of NEO, where they will develop their project? Nope. So to exceed $300 in few days is quite difficult to achieve. Unless, as you said, there is some info that OP knows that NEO will make some noise in the market. Better aim for at least $150 first. $300 is too much for the moment, in my opinion.
1159  Economy / Speculation / Re: We entered a bear market earlier than expected on: May 02, 2021, 11:16:22 PM
Well, I hope OP isn't very excited to think about the bear season in every price correction to happen. I feel such negativity especially when you are not confident of what you do. Because if keep worried and think like that, it will be the reason for your failure as it causes panic selling.
Maybe, it is a need for you to stop looking on the market every day and give some space out from crypto. As the more you were always checking your portfolio, the more drags you to think about the negative.

People panic when they see price is falling and I think that's normal especially for those who are new to this industry. But later on, they will realize, it is just part of the market movement. Of course, we can't expect that the price will increase forever, where a lot of people want it to behave that way. It is not normal if we only have price increase. At some point, it needs correction, but it doesn't mean, we are already in the bear market.
1160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Jupiter-Colony-Coin - a new horizon for Humanity on: May 02, 2021, 10:14:52 PM
Hello

This is the start of a new Project - colonizing outher space with the help of a crypto-project
-


What outher space are you talking about here?  Grin

I don't think this is a serious project. Does the OP really think that it is possible to go to Jupiter? In reality, people are just exploring the possibility of human life in Mars, but in Jupiter? I don't think so. So high likely that this is seemingly a joke project. Maybe as Miiike mentioned, it is more on theoretical thinking here not really actually making Jupiter abode.
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