Very well said, I can't agree more. IMHO, meme coins hype was only a dynamics in the crypto world. It's for sure can tone up the market a bit and invite more people to know about cryptocurrencies. But we can't let people lull by it and create many victims because of that because if we let it for too long, it's not impossible that the crypto world would be known as a pump and dump scenario without any further utilities or technology behind it. This is so dangerous for the crypto future. Let's be wise for the longevity of the crypto sphere.
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Projects that will be there, in the long run, will be my favorite. So I always research their team members, product, and use cases extensively first before investing my money. I don't like anonymous team members, thou' probably it's now always wrong. I like to know who's people I invest my money to. I prefer a long-term project to short hype one. I love to see my money grow together with the project and I love to know the project has a working product before at least in beta version because it could prove its seriousness and have more than a concept. I love it more if it has a real use case in real-world cause I believe crypto is the future and it should be usable in real life
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as long as you're not logged out or lost your gadget or corrupt your wallet then it would be fine. But when you're forced to lose your access to your initial wallet and want to re-access it, without keeping a private key, seeds, or backup wallet.dat then you're doom, That's how the crypto world works out. You need to keep it carefully, and you can't share it with other people especially strangers. That's the key to your safe box aka wallet. Then according to your question, should we believe when a person said that their wallet was hacked the answer is probably yes, probably not. We need to dig the information further for sure to know what's exactly happening. But, I think most of the cases it wasn't hacked, but phishing or even unintentionally sharing their own private key by newbies.
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My favorite NFTs would be those who have not only artistic value but also real use cases. One of them is NFTs from The Collective (CO2). They're developing a game based on pokemon GO called CoinRushGo where they will promote their client's project there. We can get those coins/tokens by playing the game and there will be NFTs too that we can use in-game. The items (NFTs) within the game would be cross-platform items. You can use them not only in the CoinRushGo but also in their client's games. That's a fantastic idea and will bring massive adoption for sure.
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Reporting Week Number: Week 11 : Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: luffygroove Telegram Username: @catizen Twitter Username: @Bitcoindoe Twitter Profile Link: https://twitter.com/Bitcoindoe Twitter Followers: 3721 5 Tweet Links:1. https://twitter.com/bitcoindoe/status/1401749831488442371?s=192. https://twitter.com/bitcoindoe/status/1402127843111301122?s=193. https://twitter.com/bitcoindoe/status/1402456478477217795?s=194. https://twitter.com/bitcoindoe/status/1402770826600927235?s=195. https://twitter.com/bitcoindoe/status/1403252537600274433?s=195 Retweet Links:1. https://twitter.com/bitcoindoe/status/1401749501946195970?s=192. https://twitter.com/bitcoindoe/status/1402127244420554757?s=193. https://twitter.com/bitcoindoe/status/1402456190932557827?s=194. https://twitter.com/bitcoindoe/status/1402756493502423040?s=195. https://twitter.com/bitcoindoe/status/1403251976255594500?s=19Binance Smart Chain Wallet Address: 0x5e9B9Bad7098b9D7a57F9407E39400F93E503CFE Reporting Week Number: Week 11 : Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: luffygroove Telegram Username: @catizen Facebook Username: bitcoindo2 Facebook Profile Link: https://www.facebook.com/bitcoindo2 Facebook Friends: 4921 5 Post Links:1. https://web.facebook.com/bitcoindo2/posts/23257375242297522. https://web.facebook.com/bitcoindo2/posts/23266247274743653. https://web.facebook.com/bitcoindo2/posts/23273610674007314. https://web.facebook.com/bitcoindo2/posts/23280926739942375. https://web.facebook.com/bitcoindo2/posts/23292017305499985 Shared Post Links:1. https://web.facebook.com/bitcoindo2/posts/23257372608964452. https://web.facebook.com/bitcoindo2/posts/23266242208077493. https://web.facebook.com/bitcoindo2/posts/23273605940674454. https://web.facebook.com/bitcoindo2/posts/23280916906610025. https://web.facebook.com/bitcoindo2/posts/2329201447216693Binance Smart Chain Wallet Address: 0x5e9B9Bad7098b9D7a57F9407E39400F93E503CFE
Reporting Week Number: Week 11 : Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: luffygroove BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1279897 Telegram Username: @catizen 5 Post Links: 1. https://bitcointalk.org/index.php?topic=5260963.msg57176202#msg57176202 2. https://bitcointalk.org/index.php?topic=5341457.msg57183968#msg57183968 3. https://bitcointalk.org/index.php?topic=5341552.msg57190668#msg57190668 4. https://bitcointalk.org/index.php?topic=5341522.msg57199790#msg57199790 5. https://bitcointalk.org/index.php?topic=5339544.msg57207710#msg57207710 Binance Smart Chain Wallet Address: 0x5e9B9Bad7098b9D7a57F9407E39400F93E503CFE
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I think it's enough. We can't always be influenced by Elon Musk's tweet. Sane people should be able to read the pattern, what exactly Elon Musk did. I know the crypto market is still young and we all learn by doing here to get the best form of the crypto world. However, we can't be stuck in a shilling and hyping scheme anymore. If we want the crypto world considered seriously by common people and institutions, it should be based on utility, technology or futuristic concept, or whatever other than shill and hype.
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Of course, we can't judge anyone as an indisciplined person when they decided to sell their assets in this bear market. We never know what they face and we don't know their consideration. One thing that I could say about the situation that you've been asked, I will try to find another alternative first, but if it's not possible then my final way is to sell my assets even when it's cheaper than it should be and I don't care what other people say because every decision I take will be made based on every aspect related in my life and it should be thought really carefully.
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