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Based on current hype about the "metaverse" by meta/facebook, metaverse based tokes are seem to be doing well. So far I have seen game tokens like Sandbox (SAND) and Decentraland (MANA) doing very well. Maybe because of the trend/hype and it might drop again soon. Or it may keep rising. Do your own research and invest only what you can afford to lose. Many shit "game" projects may rise that will end up scamming people. Look at Squid Game token. So be careful.
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Can Binance Smart Chain increase decentralization over time too?
I don't think that is ever going to happen. The most weird part is, no one cares that the whole chain is somewhat centralized. These alt blockchains may seen cheap, fast and great right now but are they are truly decentralized?
Which altcoin blockchain exactly are you talking about? People say that Solana is not actually truly decentralized. At least not now, but will eventually become as more validators join the network. Cardano claims to have achieved 100% decentralization. When Eth 2.0 comes out and people leave Solana for Eth 2.0 then how can Solana grow in decentralization then?
By the time Ethereum network fully upgrades to ETH 2.0, Solana will grow and take over enough supporter for it to survive the market. Why do we have to compare ethereum with solana or ada? They all can coexists without issue. |
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As bitcoin continues to be more bullish, we will be able to read more positive news that could attract more people to adopt through investing. This is no the first time for us to hear from a popular personality saying positive comments about bitcoin, so the sentiment is now bullish because of the influence of these people.
However, if the time comes that the market will experience a heavy correction, I hope they'll stand with their words and will not panic even if the correction may look like the end of bubble.
Not really. The exact opposite happens. Haven't you notice whenever bitcoin is bullish, we hear more "negative" news? I wouldn't be surprised if we start hearing about how this guy lost 7,500 BTC back in 2013 because he threw away his HDD and then people saying "why can't he just contact bitcoin support and ask them to recover it" (i legit read things like this). We will be hearing about past scams a lot and how its very risky to invest in bitcoin. News portals will be using click bait titles to increase traffic to their website. They know that people are going to click it because they invested in crypto currencies. FUDs starts to spread a lot during bull run. |
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Not sure how crypto currencies are "creating more online jobs". People have been working and earning online even before crypto currencies were invented. As long as you are skilled and you look for work in your area of expertise, you will likely get a job online. Crypto currencies has nothing to do with it. It's just another mode of payment. If crypto currencies didn't exist, people would still find job online and get paid using a different payment method.
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If every good crypto projects are been adopted like how people are adopting meme tokens today what do you think would have happened to crypto market already? If shiba never existed and doge never surge as much as it did and the only option for new investors is BTC and others would this have bring BTC to 80k already ?
You are saying no other crypto currencies existed other than bitcoin then what the price of bitcoin would be? Then yeah, it would have been higher than it is right now, but then crypto currencies wouldn't be such a big thing like it is right now. It is because of coins like Ethereum and other altcoins that provides various use cases that has bought crypto currencies into light. And the meme coin trend is temporary. Give it few more months and I am sure we won't be seeing them anymore. |
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Altcoins and NFTs, without a shred of doubt.
We have entered the age of digital transformation and the digital economy.
Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.
Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month.
Everything is digital now.
Don’t get left behind.
Sure, NFTs and Altcoins right now are the fastest way to grow wealth, but also the fastest way to lose everything. Most of the altcoins that will make you rich overnight are the "shitcoins" that gets pumped and dumped. If you don't exit at the right time, you will be losing everything. Not sure about NFTs. Do you think they will have the same value once the hype or trend is over? Best way to grow your wealth is to invest in bitcoin and hold them for long term. Risk is low and you will be making some nice profit over time. |
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You are talking about short term holding. Yeah, in that case, take your profit and leave. This is how it is supposed to work. Invest in a coin, wait for the value to go up, take the profits, leave or reinvest. In that case you should also keep an exit strategy when the value starts dropping. It's better to cut loses short when you hold for short term. On other hand, if you are thinking of investing for long term, then keep a profit goal and "don't" take unnecessary profits. Only take your profit once you reach your goal.
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Just woke up to noticed the 1000xcoin in my portfolio making a 3564% increase in price which to me a sign of a pump period
Never heard of this coin, and judging by the name of the coin, it sounds like a coin that has been made to "pump x1000". I doubt it will reach 1000x. Since you are already up, just dump it, take your profit and exit before its too late. Keep waiting and you will end up with nothing. what are the indices that triggered such pump?
Shit coins don't need any "indices" for pumps. They are manipulated by the developers or whales. As soon as they get pumped, the devs dump their coins and make an exit. |
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Hi, guys New into crypto. New into Binance. I just tried to buy some coins but it seems that they are not in Binance. Just as an example: According to https://coinmarketcap.com/view/vr-ar/ the coin with ticker CAPP is in top 5 in the VR category. However it is not present in Binance, so I cannot buy it. I assume it is just not listed there for some reason. If I cannot buy that coin from one of the recognized platforms such as Binance, then how can I buy this coin, and any other that is not listed there? Again - this coin is just for the sake of the example. It's not on Binance because its not listed over there. You won't find all coins in all exchange. On Coinmarketcap, click on CPP and scroll down. Head over to the market section and you will see where you can find that specific coin or token. Currently the coin you are looking for can be found at Kucoin with BTC and ETH pair only. So if you want to buy CAPP, you have to use Kukoin as they are the only one offering that token. Since you are new, people here might send you a PM trying to scam you. Stay away from them. |
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What happens if Bitcoins will be adapt in schools especially in college level?
More people will know about it, more people will know how it works, more people will start using it. This in return will help crypto currencies to become mainstream. What are the best for beginners between Hodl and invest?
-snip-.
Not sure what you mean over here. But Holding and investing are two different thing. You need to invest first, and then you can hold. How can you hold without even investing anything? -snip-
Does the government allows Bitcoin to be tackle in school?
-snip-
I don't see any reason why the government won't let schools or colleges teach their students about crypto currencies. Does Education in Cryptocurrencies is the best way to avoid being scam?
-snip-
I have seen people that went to college and are stupid enough to fall for obvious stupid scams. |
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With the high level of volatility and constant fluctuation in market capitalization on crypto currencies would there ever come a time we would trade crypto based on the value it has in it's self and not in exchange for fiat currency. Many countries has now adopted crypto as mode of payment but we are still faced with the issues of price irregularities. If we decide to adopt crypto fully as a global legal tender how do we deal with this price fluctuation.
Does crypto really to have a "full intrinsic value" that you are talking about? I don't see any issue with crypto being traded and valued in fiat currency. The volatility isn't because of this. As more people start using and accepting bitcoin, the less volatile it will eventually become. We can't deal with the price fluctuation. No one controls this fluctuation. Just give it few more years (or even decades) and you will see that the price isn't as volatile as it is. This is the edge fiat and centralized currencies have over crypto and this has made so many shy away from doing legal business transaction using some crypto most especially during bear market. Can this issue get a remedy?
You mean the volatility is making business not accept crypto? Well then they can use crypto gateways that will instantly convert their crypto to fiat currency. |
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I don't think I am any of those, but maybe a casual social gambler? Gamble just for fun and entertainment. Nothing serious. -snip-
Relief and Escape Gamblers
These are gamblers who prefer gambling as an alternate to drug to keep themselves engaged. This kind of gamblers use gambling to get relief. These people spend lots of money in a short term. Gambling is done same as drinking to fulfill their emotion.
-snip-
You mean as a coping mechanism for their addiction, they start gambling? Isn't that equally very bad for them? How mean how is getting addicted to gambling any different than being addicted to drugs? Both ruins life and makes them financially unstable. -snip-
Compulsive Gamblers
Majority of the gamblers fall under this category. Even I'm under this category. People never admit they're getting into addiction, but the spending time and money won't stop even when the loss continues. These category gamblers keeps chasing the losses. Compulsive gambling is very danger to life.
-snip-
This one is worse not just dangerous. They are the real gambling addict. As long as they don't admit their addiction for gambling, they will never be able to stop. Since you say you are under this category, go get some help before its too late. |
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Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.
Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
At what point would I have been depends on at what point I would have started. If it was a decade ago and I invested minimum in bitcoin, then I would probably would have enough money not to worry about anything and just retire. Would have been able to own everything I wanted. Starting points isn't a challenge at all. It totally depends on you. If you firm and determined to do something, you will do it anyway. If you don't start because you think you don't have enough to start, then you are just using it as an excuse to delay whatever you are trying to do. |
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There are many gambling sites that restrict the participation of users from certain countries to become customers on their sites. Obviously this is something that every gambler in the world does not want especially for those who like to gamble online [crypto gambling].
One way to anticipate restrictions is to use a vpn or use the TOR browser. But in many TOS of gambling sites I found the site forbids users to use VPN although some customers so far have had no problem with the habit. I just want to know if using a vpn or tor is something that can violate the TOS even though a gambler has been betting on the site for a long time? If the site pays small wins, will they also pay big wins [if the site detect the user is using vpn or tor].
This is my first thread on a gambling board so please don't post just to increase the post count and your answer is greatly appreciated if it is based on your experience so far.
If you use a VPN and the site that you play at states on their terms of services that you can't use VPN, then they have the right to confiscate your funds and close your account. Now you are going to say "why did they let me play? Why are they blocking me after winning?". They can't check each and every user and know if they are breaking their terms or not. Lots of people play and register and once, but only few tries to withdraw. Some withdrawals go through manual check (if you are unlucky) and that's how they find out if you broke their ToS or not. Even if you don't get caught, once you get flagged for KYC, you won't be able to pass and you will lose your funds. But if you are at profit, most casino will allow you to withdraw your deposit. |
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Based on how rapidly the price is going up and how good the Solana ecosystem is, it does seem like Solana can reach $1,000. It might happen by the end of the year, or it might take few years. We can't say exactly when, but it will eventually reach $1,000. If it happens now, it will become one of the top 3 coins in the crypto market and it does deserve that place. If BNB can reach top 3, solana can too.
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Have you read the latest news? "Elon Musk is ready to sell his Tesla shares to donate $6 billion".( source). This comes in response to a tweet made by David Beasley, director of the UN’s World Food Programme (WFP).
In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine. If interpreted based on google data, that number is only about 2% of the total value of Musk's wealth. What do you think, Does it really only take 2% of musk's wealth to solve world hunger? How do we assess this phenomenon based on its purpose, from a humanity or economic perspective? Just money won't solve world hunger problem. You need to provide them with a proper framework so that those people suffering can end the world hunger themselves alone. And look at those countries where hunger is wide spread. Those countries are politically unstable and filled with corrupted governments. Who knows what is going to happen to the money Elon sends them. I have sure the top leaders are going to pocket like most of the donations like they always do and Elon knows this very well. |
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You are comparing two completely different networks. Both were built for different purposes. Ethereum is more dynamic because it was built for being dynamic. It was created for making distributed apps (you are probably more familiar with the term dapps) through smart contract. On other hand, bitcoin was created as a p2p decentralized currency that people can use for making daily transactions just the way they use fiat currency. It wasn't made for executing smart contracts or running dapps. If you want to use dapps, then its ethereum. If you want to use it as a currency, bitcoin is your better option (based on how congested and messed up eth fees are).
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I don't gamble much, but I like playing poker or other card games. They are much fun. But I guess most people like playing dice in crypto casinos because its easy to play and everything depends on your luck. Roll a dice, you win or you lose. You don't have to think or anything. Easy, fast and simple. Some also prefer slots because of those flashy design and "buy in" features they have. They know how to make people addicted to those game/sound/design. Anyway, if people were gambling against the house and here for making profit, they would just play games that has the lowest house edge.
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The ETH blockchain is a crazy place to play now. So I initiated a transaction about 6 hours ago, the transaction took 6 hours before it finally got confirmation on the Ethereum blockchain network, I nearly did the cancel/replace option. First and foremost, I did my checks on ethgasstation and etherscan.io/gastracker before initiating the whole transaction and realised the "cheapest" gas fees was 98 Gwei. So to be on the safer side, I decided to use 100 Gwei (~$24) yet look at the stress I've been through all day. ETH blockchain is messed up now. What happened to ETH 2.0?.
Imagine if the transaction had failed after 24 hrs, I would have no choice but to cancel/replace the pending transaction with a higher gas fees. Clearly, with a failed transaction, ~ $60 worth of ETH would just go waste🗑
Stop using ethereum network for making small transactions. If you aren't making transactions worth thousands of dollars, then it's not worth using at all. Those DEX fees are also awful right now. You have to pay like $250 in fee if you are trying to swap $100 worth of tokens. Why would anyone even do that? Wait for the Eth 2.0 upgrade, at least the phase 1 where I believe the sharding will be implemented and see if things improve or not. |
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Before now it use to be necessary but lately I am seeing tokens with supply as high as trx or more than without any burn and their price still manages to ho up, burning coins use to be one of the way to increase a coin value and price but this days most project with huge supply are doing even better without any burn mechanism, so I don't think burning a coin is still that important as it use to back in the days.
Lol, nowadays those projects are burning tokens so that people think that this will cause the price to increase massively and they will end up FOMOing causing the price to pump. A shit project (we can see a lot of meme projects) comes up, they start with a huge supply, they start creating a hype, the cause the price to go up and then when people start losing interest, the developers decide to play their trump card, burn the coins. And more people start investing again hoping that the price will go up after the burn. I agree with what you said, but Burning coins is one of the best ways to increase the quality and quantity of tokens, of course tokens that have a limited supply have a greater chance than tokens that have an abundant supply, the most obvious example is BTC, with the amount a little supply makes the price of BTC rise very high, as well as ETH after several burns, the price can also skyrocket.
How does burning tokens increases the quality of the project? |
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