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161  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is burning coins good on: November 11, 2021, 04:08:11 PM
burning coins is a good thing because by burning coins it will reduce the total supply of the coins while the demand remains
it will make the price rise due to limited supply
this is just a simple economic theory in sales
A basic and rudimentary theory in economic books but the effectiveness in practice is remarkable, almost any project where practicing with this theory can change their whole fate in a short time, the most typical is binance's BNB, working very hard in burning coins and every time the burn message is displayed, BNB is constantly being refined to become a more expensive product. However, to learn how to reduce the supply without going negative and forcing users, developers will need to implement more features to get their coins back, the wall of surrender is located at this point
162  Economy / Trading Discussion / Re: Bots on: November 11, 2021, 03:52:48 PM
Trading bots can only be useful if you have a pre- knowledge about trading so you can always confirm each trade. Because trading bots doesn't guarantee profit. This bots is a reflection of someone's strategy and since no strategy is 100% safe, it's more dangerous depending on bots alone to take up trades for you because it could be very disastrous when it goes against the trend
Due to its 100% insecure nature, reputable bot creators are sure to regularly update their strategies, and when we ask for brains from someone, their value will never be cheap, most of the good bots will come from paid sources. Obviously a bad situation and reacting in an opposite way to the trend is less likely to happen in this case but with the connection to such frequent updates, it's hard to avoid suspicions about our assets being revealed and stolen, knowledge cells also become lazy under the efforts of others, not useful for future work with trading
163  Economy / Speculation / Re: Crypto will rival or replace fiat in 10 years? on: November 11, 2021, 03:37:01 PM
The demands of future needs are increasingly complex and crypto is the right answer, too many rules and controlled by the central bank make us not free to control our own money and the presence of crypto will make the function of fiat will decrease and eventually disappear, but it will take at least 15 years from now.
I don't know how complicated the future needs will be and why crypto is needed to deal with this problem, most of the functions that crypto has, in fact there are products with similar functions and technology won't stop forever, so for more complex problems, there will be more solutions. In addition, banking functions will be more strict with our money, this is a long known story, so people's current situation is more geared towards investing in more stable assets, reduce storage in banks, crypto should be worried about competing with other investments, greedy function of fiat just wastes resources and expectations
164  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH we can expect big move on: November 11, 2021, 03:17:44 PM
There are bundle of individuals have been compelled to pay the high expenses. This is likewise making individuals to put Ethereum as not their need chain. There are such countless requests have gone from the little fish because of the charges. The circumstance will be unique if there will be more institutional financial backers will utilize Ethereum as a piece of their portfolios however the issue of greatest cap will consistently turn into the principle concern.
Although many individuals have faced the pressure of outrageously high fees and switched to ethereum competitors but in return, ethereum is becoming a more upscale hub for projects and a gathering place for quite a few whales, obviously, such a fee increase clearly distinguishes the user's class. There may be many initial complaints and not thinking about users' feelings but now, ethereum owns huge financial resources behind this fee, just need them to slightly adjust the fee in the next edits, the rush to return and even develop more is very normal when this is a crowded place of potential projects.
165  Bitcoin / Bitcoin Discussion / Re: Do you pay with crypto??? on: November 11, 2021, 02:35:07 PM
I've never paid anything using bitcoin, and I don't really want to exchange and buy anything using bitcoin, even I find it difficult to make payments in my country using crypto, because the government still prohibits buying goods using crypto.
Even bitcoin as a representative of crypto does not have an easy position for the payment system, other cryptos also don't seem to have a chance to be used in real cases, quite a few countries also do not have special regulations on crypto but their goods only require cash or pay by credit card, rarely allowing the appearance of crypto wallet addresses. Businesses need a stable amount of money in circulation, instead of looking at the type of money that can increase in the morning but decrease sharply in the afternoon, which is a lot of pressure for them, after all, we are in a state of forced social compliance, can't apply crypto indiscriminately
166  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your luck rate with CMC airdrops on: November 10, 2021, 03:15:52 PM
Of the 300k participating one person may just hold 100 accounts using bots set up to register early quickly. One of the hundreds of accounts they signed up for there are definitely some that will get rewarded. It's actually cheating because it's multi-accounts. But it was the effort they put in to win the random.
The final implication of what you are saying about the CMC airdrop is that the fraud rate is very high, one person can own multiple accounts and sign up for the airdrop will increase the chances of getting rewards and in CMC is a pretty big place in terms of airdrop paying reputation, the cheaters won't be a few people, it could be a few hundred and a few thousand people with a huge number of accounts in hand. As a fair and competitive player with these guys, I bet our odds of luck are slim, don't try to convince ourselves we're unlucky on the airdrop, it only frustrates us more with each announcement of the results
167  Bitcoin / Bitcoin Discussion / Re: No one can continue ignoring Bitcoin on: November 10, 2021, 02:58:07 PM
I absolutely agree! As of this time, it’s too hard to ignore Bitcoin now. No matter if we see uptrend, downtrend or just treading water, Bitcoin just can’t be stopped from being recognized, adopted, embraced, legalized and used around the world. We can’t look back now, BTC keeps moving forward and spreading around the world.
Indeed, bitcoin may have been a topic that was easily overlooked and quarantined in the past, but it is now possible to liken bitcoin to a pandemic and its potential for transmission everywhere, social networking sites as well as forums are full of images about bitcoin and crypto, the most terrible thing is that the phenomenon of bitcoin spreads through daily conversations so quickly, as long as you know the technology, you will immediately remember bitcoin. Talking about bitcoin is evoking thick smells of money and riches, just listening and thinking gently is enough to stimulate and not want to ignore
168  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can $SOL rise to $1000? on: November 10, 2021, 02:44:13 PM
considering the demand and supply circulation, it may be possible to touch 1k but the process takes time, it will not grow instantly.
I won't be grandiose the most likely when a bear market like today at least touch $350 at the end of the year it's already very nice.
and Lately, there's been a lot of talk about Solana, I'm also hoping for a new surprise
It's not just the usual talk about Solana, almost all of it is based on very authentic capabilities from the project, although its birth is still considered premature but Solana clings to advanced technologies, the most special thing is that Solana doesn't need to grope and explore, the road in front of it has been widened thanks to other big projects. However, also because of the ahead of the brothers in the same field, before Sol can get this price, the seniors need to pass as a pave, sequential breakthroughs and improvements usually take a long time for Sol, so models are needed for reference
169  Economy / Trading Discussion / Re: Continuously Loosing money in Trading!!!! on: November 10, 2021, 02:23:48 PM
It is very simple, you need to change your trading strategy and start with an amazing strategy which always suits your trading facts, I hope it will help you a lot and through this you can get your profit again, Its a matter of using same strategy again and again and the market is volatile which can't be better at every situation.
Well, once we start with a new strategy and then fail like the old strategies did, we will continue to move on to the new plan and get caught up in such an alternative, it is difficult to get enough number of strategies to change and moreover, each change strategy pays with many times of loss, this is not the range we should admit. Besides, to approach and explain a strategy to achieve the effect is relatively complicated and time consuming, such response is not a good way, should go straight to the heart of the problem and identify what is broken in the old strategy to improve more
170  Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever get regulated on: November 09, 2021, 03:03:44 PM
No, Bitcoin cannot be regulated by any government due to the decentralized nature of Bitcoin.
The only thing that can be regulated is the user, the government can make regulations if you want to own and use Bitcoin you must register with KYC so that Bitcoin use is not misused.
Precisely the number of wallets of bitcoin as well as the scope and anonymity are definitely the things that make the government capitulate in regulation, except for bitcoin, there are also many other wallets used by users, instead of inventorying all these huge numbers, it would probably be easier to regulate users, KYC is really a process in this scheme. Although not most governments require but exchanges prepare these documents in advance, partly for confidentiality, the rest is a timely addition to accommodate regulatory requirements that the government may issue based on the pace of bitcoin development.
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Are NFT games also another way to gamble your money? on: November 09, 2021, 02:46:04 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.
You are only looking at a small picture of the NFT problem, players are not the most advantageous in the NFT product, most games require players to upgrade resources as well as in-game products with real money, in return, the daily income will be higher and bring a sense of advantage as you say but the value of crypto is not constant numbers, extremely large range of change when capitalization drops or is no longer added every day. NFTs are not potential tokens, they are just newcomers, we are depositing money and gambling on luck in a scientific way
172  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: November 09, 2021, 02:30:13 PM
Of course, the reason is simple, namely fear that if the money stored in crypto will be of no value, as we know that there is a lot of negative news about crypto, namely if we invest, we will lose and lose money because the value is not clear, this is what makes many countries afraid to invest. legalize crypto so criminals don't want to save into crypto.
When storing in cryptos with no potential, the result will inevitably be a loss of value, even a lot of damage as criminals always place very large orders of value but the percentage of such opportunity is not high when the criminal also has a technology team and has a very good money laundering ability. They do not direct many images to crypto due to fear of transaction time not allowing, besides, in order to make what is owned in crypto valid, need to join exchanges then transfer money through bank, once banks get warning about these black money they will freeze, so cash seems more suitable as a fugitive
173  Economy / Speculation / Re: Dream Bitcoin 100k on: November 09, 2021, 02:13:50 PM
today we've seen a new ATH because the price of bitcoin today is slightly above the ATH in october. the price is still moving up and I think in the next few days $70k will be reached. bitcoin price reaching $100k is not a dream because bitcoin is currently on its way there, the end of the year is approaching but bitcoin is also getting closer to $100k.I'm sure this price increase will trigger the optimism of many people if the bitcoin price can really reach $100k, and of course this can trigger many people to buy and can cause the price to rise faster.
Indeed, today and yesterday many people put their hands on their foreheads and expressed a contemplative attitude about bitcoin, they did not understand how the new price record could be reached so quickly, normally it might take us a few years to see that but this year, this is no longer strange when this is not the first time and there may even be several more times following the current signal. Instead of saying this is a dream, we should edit it to reality is very near, bitcoin is becoming an arrow and without hesitation moving forward under the support of new winds in the investment village
174  Alternate cryptocurrencies / Altcoin Discussion / Re: Making money while gaming on: November 07, 2021, 03:06:07 PM
It is possible to get paid from games. We also see like streamers or pro players they get paid just by playing games that they often play. However, you show something interesting ubisoft will soon adopt play to earn which is certainly in high demand by many people so far. During the game, you will also be paid.
Due to the high demand of many people, I feel Ubisoft's plan is not a development plan, they are just doing a communication plan and reducing user envy and comparison, such large companies have many competitors, just a little lack of new features and technology is enough to make players ignore their products, so planning and not announcing an official date is a plan to keep users, the progress of development will be very little update. Game companies just expect users to pay them more, rather than vice versa, making money online from games in such an unrestricted sense will hurt the revenue too much.
175  Bitcoin / Bitcoin Discussion / Re: How Bitcoin can help Local Communities on: November 07, 2021, 02:49:44 PM
we can't deny the fact that during this pandemic period, a lot of people here benefited  with their knowledge of crypto. either by bounty programs, or using their skills in programming, artworks ect they used their skills or knowledge how to earn crypto during these challenging times and augment their source of income.
Exactly, crypto really helps many people. We know how hard the condition and financial systems were during this pandemic. I am personally really blessed that I know the crypto industry before this pandemic so that I still can earn income during this hard time.
And this is only a small example of how crypto can help many communities in the world.
I am sure that many bigger communities are coming here and gaining many more profits and benefits from the crypto industry.
Moreover, crypto doesn't limit anyone to join. Whoever wants to learn and work and have involved in this activity, they are welcome.
This industry shows that it is a very good field in the time of the pandemic, the workforce has never shown any signs of reduction and only shows signs of increasing, supports quite a few people who are already unemployed but compared to the actual volume, this rate is not too high and to be honest, every community around the world has only a small group of people who like crypto. Although called there is no age limit and can start from zero but bitcoin is no longer in the early years of welcome, wanting help requires pre-existing capacity, not a blank sheet of paper and asking for support
176  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Let's pay attention to BNB? on: November 07, 2021, 02:31:08 PM
Many people feel happy hunting BNB when the price is still 300$. Now the price has gone up.
Not only attractive in external value, their activity has also become more significant in new applications, just be aware of the latest hype and activity in crypto, BNB never lacks presence, this year has probably been the year of the official launch as well as the registration to the competitive list of the hottest and most loved faces in the crypto community with BNB. Except for Bitcoin and Ethereum, BNB is a factor that netizens mentioned a lot, even with the current advantages, ethereum will also shy away from facing BNB directly in the future.
177  Economy / Trading Discussion / Re: Does a trader needs to be a full time trader to be successful? on: November 07, 2021, 02:16:42 PM
I don't think it's necessary to have full time for a trader to be successful. it all depends on the type of trading each. many traders analyze and then place pending orders and targets, and after that they can do other activities besides trading, and for some time check on their cellphones about the orders they have placed. usually they don't forget to put a stop loss as a safety
Exactly, there are a lot of traders whose forte is not intraday goals, in their respects, trading is not their initial presumption, it's just business that comes to them in the most unexpected way and they handle it in the most natural way, a secondary skill that can earn money besides the skill of the main job. But coincidentally apathy as a secondary skill makes them very successful in trading while people make trading as a primary and full-time skill, sometimes their brains seem to calculate many times more than the average person, such consumption causes them to suffer a lot of mental illnesses and is often excessively exhausted, quite a lot of people are not successful
178  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful with new meme coins on: November 06, 2021, 04:23:17 PM
Investing in crypto requires a high level of caution, especially with new memecoins that have greater risk, before investing it's good to study and analyze more deeply about the meme coin you choose, that way you will know whether the coin is worth it or not invest, if you are still a beginner you should avoid new coin memes so that things don't happen that you don't want.
A few months ago, maybe people would heed your advice and become wary of meme coins when the memecoin lost its initial expectations, a lot of bad results have existed and the value doesn't hold for long and gradually goes unnoticed by investors after a few days of being listed but now, in the face of advice and research requirements, most people leave these factors out. Because memecoins like SHIB have revealed too many new rich people, the temperature of the memecoin craze that is falling suddenly resurfaces, this time it seems to be serious and its madness is getting higher
179  Economy / Trading Discussion / Re: Making profit with a bubble on: November 06, 2021, 04:04:22 PM
For me making short position and sell off if you already have good profits is the best strategy in my personal opinion wherein to prevent massive dump from the bubble. Because instead you can make profits in it there's a chance of massive losses if you just riding your greediness.. Better to be smart because all the hypes in the market didn't last wherein its more on correction than ups remember that, and lastly its always good to take the opportunity than missing it..

Not going too much greedy will help you to enjoy riding with the bubble, there are many cases where traders
get too much greed and instead of riding with profits, they ended up losing their money; you need to be
quick when you see that you already gain from your investment, it's a tough call to make, but better to have
a little profits than suffer from a great loss when massive dump start to show, you can't avoid that quick
fall and most of the time it's a hard one after the pumped.
Even if you don't go with the flow of greed and design for goals that are not excessive, riding a bubble is not necessarily going to be as smooth as it is intended because the market bubble will give you an unfair outcome, within a bubble there are always stop loss scanners in the market, we almost didn't have time to make a small profit, got stuck with such scanners and repeatedly several times is enough to cause inhibition, once actively ignored, the bubble will be more inflated. Current traders rarely work with bubbles, they work on projects and hold them with perseverance and stand in potential positions.
180  Economy / Speculation / Re: Can BTC rise to 1 million US dollars? on: November 06, 2021, 03:45:44 PM
7 years ago when I got to know bitcoin a lot of people believed the price of bitcoin couldn't get past $1000 again, but it can be passed, then people said bitcoin won't reach $10k, then it's over again, $1 million certainly can't be reached in a year or two , but I believe it can be achieved 5 years from now.
Many people have elevated the status of bitcoin to the status of a saint in their hearts and in the face of claims related to this saint, they accept and believe unconditionally, maybe even turning the pages of history year by year, tell more about the factors as well as add the criteria for the million dollar value of bitcoin. But I personally think bitcoin is an inverted triangle, a pyramid that is inverted so that the tip is stuck in the ground, the construction of a new floor at the top will be heavier with each renovation and the feasibility on the upper floors will be lower while the coefficients of risk and collapse will be higher
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