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Airdrop? Mostly not and just a waste of time. Bounties? Sometimes if you joined a project that is really promising and was able to pay the hunters who promote their project. Before, many airdrop and bounties are really profitable and worth it ,but now, you're lucky if you can find the best one. I always joined bounty campaign but only receive a small amount , but it is still helpful for me because I used it as capital in trading to make it grow.
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To know if altcoin is scam, visit their website and study the white paper, know the team behind the project and other important details regarding the project. Also, don't invest if you hesitate about it. It is still better to invest those altcoin which already have a strong foundation in crypto market.
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There isn’t anything on the space, nothing, except scam, have you given up or do you still cope and looking for airdrop?
Airdrop participated: 20
Airdrop received to this day: 0
Yes, you heard me, nothing at all, not even one airdrop, that’s how red pilled the space.
Airdrop is just a waste of time because if ever you will receive it, it's just too small amount. But you know I still try to join those I think legit with a little high number of tokens to receive. If you join airdrop, it's like, sometimes you're lucky and sometimes waiting for nothing. |
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Price actions are based on its history and Its true that the market follows the price actions so technically, reading the chart based on its history can help you on your trading journey. We do make money by analyzing, and not just by any hype or fud, price action trend are more reliable compare to any indicators, so better to focus on this one and just used indicators to fill the blanks on your analysis.
If you think that price action is base on it's history, I think that's wrong because what happened in the past event is not the same now. In trading, price action is always depends on our own strategy and based on the current market movement including trading chart and market price movement. |
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Let's say you have a large amount of BTC and you want to spend it / invest it / transform it in fiat but you do not want the BTC to be traced to exchanges or to you, how would you do it ?
It's not for me, it's to further my understanding of the space.
I just thought about it, and I think selling through p2p can help you solve the problem to cash out your bitcoin or exchange it first in XRP or other altcoins before withdrawing. In our country we can do it, bitcoin exchange to xrp then withdraw. After that cash out on different remittance center because if you cash it out in bank , it also a problem. |
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Whales always win in cryptomarket and I think it's a good idea to ride on their strategy to gain more but the problem is the capital. Small investors have only a limited capital unlike crypto whales. As small investors or trader, you should take advantage of the situation and follow the direction of those whales because if not you will be in a great losses.
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Good news that Ethereum gas fee dropped and I hope it will not go too much high again. This lower gas fee maybe because of the ETH 2.0 which already developed and because of a lot of competitors of ETH now. Ethereum has a huge demand despite of higher gas fee and it will continue to increase if this lower gas fee will continue, so that Ethereum users will have a smooth transaction every time they want under Ethereum blockchain.
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Investing in cryptocurrency always involve a high risk, whatever coins is it, it's always have a risk. That's why you need to do a deep research about the project you are going to invest. Every project have a high risk when it comes to investments because it always involves money. If you are an investor you should be a risk taker person.
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As Bitcoin continues its meteoric growth, we are not surprised at companies storing cryptocurrency as funds. Many major companies and institutional investors buy Bitcoin as a reserve asset. It has an impact in the market but I don't think if we need to worry about it. Although they can manipulate the market, let's ride on. Only weak hands will always be the loser and the whales always waiting for them.
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Bitcoin of course has also a life cycle because it consist of demand and supply. The life cycle of a product is broken into four stages—introduction, growth, maturity, and decline. From the introduction stage, we are now in developing or growth stage because we can see that bitcoins value are now increasing from $ cent to $62K. As for maturity, I don’t think it’s there yet because bitcoin’s adoption is just beginning. As for the decline, it depends on the demand and supply of bitcoin in the market. The decline for every product is inevitable. It means the product sales drop significantly and the demand will also decrease. The same with bitcoin but, it's to early to discuss about that. Also, I believe the demand for bitcoin will continue until next next generation as long as the adoption continue to increase.
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A sextortion victim received a mail to pay $1000 in bitcoin within 48h to address 1GYNGZLEUGkkQjHo19dHDnGE87WsAiGLLB otherwise, a captured intimate video of the victim is sent to all his email contacts. Can the extortionist be tracked down with only knowledge of the Bitcoin address? In this case the wanted person doesn't seem to be the brightest candle on the cake.
A free short analysis with our "Bitcoin privacy check" tool already shows the connection to a Binance client:. For less than $100 a report is available from forensicsone showing that the address sent funds to a binance deposit address.
But the amazing thing is that despite the naive approach, the extortionist was able to collect many millions of $ (more than 4,000 BTC) from thousands of people, even though Binance already demands KYC at 2 BTC and there were hundreds of criminal complaints at the police.
I conclude that our police simply do not have enough experts to follow up on something like this.
It is possible if he has a back up, I mean, he has a friend or partner that can make a transactions with kyc. Maybe he just use that wallet to claim millions of $ from his victims but he also transfer it to different wallet exchange address and also to his friends. |
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I think the economy of every country is affected by the covid 19 pandemic. This pandemic has a huge impact with the economic status after a couple of months of lockdowns, many people lost their job, some business establishment either forced to closed or lessen their workers and many people were hungry, others died because of covid virus. Fortunately now, there alraedy a covid vaccine that helps to prevent the spreading of covid virus. And our economy now is gradually recovering.
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BTC is not created out of thin air. There is no one out there who will just pop out and print BTC to paste it into the blockchain. BTC is being mined using the devices solving hashes crunching numbers and consuming energy. How is that a lie when banks are already adopting it?
Well, you still could say it's a Ponzi but there is no one here that will ever think Satoshi can print more BTC just as the FED are doing which is a bigger Ponzi. It will always be 21M BTC ever.
Of course BTC is not created out of thin air given it's nonexistent. But quantity data on nonexistent BTC is created out of thin air. The fact the creating is done after POW is like writing letter on a piece of paper after one does hundred push-up, and then claim that the letter is not created out of thin air. It is. Letters and numbers are always created out of thin air. Regarding scarcity. Only existent things can be scarce. If you put a limit in an algorithm to 21 million this is just an arbitrary decision. You could have put it to 21 trillion. It doesn't matter. It's just numbers. And numbers can go to infinity. Numbers, that is, quantities have nothing to do with scarcity. And all you have in blockchain is quantities. So, it means you don't believe in bitcoin but why you're here in bitcoin forum and crypto space? I guess, you’re also a bitcoin investor and one of those crypto whales acting like anti bitcoin. You just want people with weak hands to dump their bitcoins and you will buy it  If you said that bitcoin is just a number, what about fiat money? It is also about number, right? Both fiat and money was created base on quantities and the difference is that, bitcoin is intangible while fiat is tangible. We are in a new generation which almost everything is computer generated and that's how bitcoin was created, because of technology. |
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Yes, I believe If Musk did not tweet about Dogecoin we can not expect such a high value of Dogecoin even I believe when Elon tweets something negative about Doge in the future Doge will drop hard too. But recently it is listed on Coinbase and that increases the credibility of Doge to some extent still I don't have much belief in the Doge. I believe it is all hype created by Elon.
But, Dogecoin is already in the market long time ago but still with cheapest price. When Elon Musk make tweet about bitcoin, many people become interested in investing on it. I don't think if it will climb without the influence of those people like Musk. Maybe, it will happen if there will be a huge demand for this coin. |
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A lot of money and a lot of knowledge and experience are some of the essentials to be successful in trading, without one, there's a possibility that it will take a long time before you can be successful as a trader but you don't have to fret over money, you can grow your capital overtime if you are really good.
Knowledge, patience and strategy is the essentials in trading. Knowledge alone is not enough to be a successful trader. You should apply your knowledge and through your experience, you can create your strategy, most importantly is don't be greedy. |
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I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee.
Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.
You don't need to worry now because Ethereum gas fee is now a little bit lower everyday. You can make transaction now under Ethereum blockchain and just pay $2-$5 per transaction which is very low than the last couple of months. |
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It's really difficult to make money online but I have no choice because it's also hard to find a decent job so far after the pandemic outbreak which cause for some company to closed or reduce their workers. I just do trading with a small amount of capital from joining different campaign. Although I earned small amount, but it has a big help for my family. I still searching other online work that I can apply.
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It's definitely super boring but by now time to accept this boring cycle is going to resume again at some point.
It is boring because we are not used to it. A 3% rise in a blue chip in one day is a very good session while in Bitcoin it's boring. We are coming off a season of beating ath after ath, which is exciting but very rarely seen in the investment world. If you find this time in Bitcoin boring you will find almost anything investing boring. Regarding what the OP raises, yes I think you have stated to wear off, but at the slightest it will reappear. I was not referring to the current sideways trading but to the FUD cycle, as is the topic of this thread:) I find it super boring because it's not even creative anymore, it's just the same old recycled crap on the same old unupdated and unresearched elements of the FUD. Dirty Energy and wastage for example? Booooring. You know FUD is like a book, it always have a revised edition, it has no end. It is just depends on a person if after he/she read the revised edition, then still believe it. Usually, newbies and weak hands are always the victim of FUD. However, it also has a positive impact on other investors because fud can make a dump of the market, a good time to buy and it is an opportunity that traders and investors have been waiting for. |
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In my own opinion, Bitcoin is better than fiat because you have a full control with your fund. It is anonymous and no tax implemented (in our country). It is easy to use, hassle free, you can make transaction anytime as long as you have internet connection. But despite of that, the fact is we still need a fiat money because we can't use bitcoin all the time to buy goods and services because there are only limited stores that accept bitcoin as payment. If we have bitcoin, we still need to convert it into a fiat money before we can use it in other means.
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