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Aptos is really making huge noise right now.
I believe this Aptos project could be the next Solana if they will succeed. But I don't think it will happen. After a lot of layer 2 protocols now, I don't believe there will be new projects especially since this is a layer 1 protocol which completely different from Ethereum and Solana.
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A few years ago, I sold PolkaDot at its own high point after steadily buying it.
From now on, I will continue to invest in PolkaDot and Ethereum again, what do you think about the future of these two coins?
Seems Polkadot is extremely hammered during the recent bear market we experienced. And additional to that, if you are not yet aware, Gavid Wood (CEO of Parity before) steps down from its CEO position, but he is still part of Parity a blockchain infrastructure company which also focused on Polkadot/Substrate development. |
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the bull run continues it looks like we have a strong buyer, I just watch the awesome oscillator and it looks like doesn't loose its power  but stochastic RSI and fibbonaci says it need to cool down first before another run, Want to buy but still scared at this time Me, I was worried because we gain a huge percentage of pumps in just a short period of time. I am still waiting for the monthly candle close for this month and I will observe the price action of Bitcoin starting February up to the end of this first quarter of the year. Overall, now I am still not satisfied for the market is already in a bull market. |
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I don't think it's a question of the Bulls being back, it's a question of us getting back to normal. If you look at the history of bitcoin, its trend, and the halvings, last year we fell too much due to leverage exploding and scams like FTX affecting the whole crypto ecosystem.
(.....)
These are good things about a bear market for me, market cleaning the market like eliminating frauds or scams, and after that market is back again. So for me, what we are experiencing right now is a pullback from the last quarter of 2022, where we experienced a bloody market. For me, I am not still bullish for now, I am looking for wider, higher timeframes. |
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One unique feature of Bitcoin is that it always put social media acclaimed "experts" to shame. Sometimes these social media bitcoiners claim mastery over bitcoin. They indiscriminately predict its price as if they invented the coin with Satoshi. Even Satoshi now might not understand the price movement of Bitcoin because the creation is now economically powerful.
(.....)
In short, Bitcoin is always unexpected. And these "social media experts" are speculators also. Since Bitcoin is extremely volatile, you will be unable to predict what are the next actions of it. And there are also some people who are not believing with Bitcoin, and I do believe that these people are also have their own opinion or some of them don't know what Bitcoin is. |
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3. Then, you realise you must have backups for all your wallets. But how many backups and what types of backups.
4. You make the backups for each wallet. But then you must find where to store the backups.
5. You find a place to store the backups. But then you are not sure if the backups are safe.
(....)
You must be careful here also, sometimes it's very dangerous if you have multiple backups that are stored in different places because sometimes you will forget and may be found by other people and try to open them and steal all of your funds. It's ok as long as you are aware that you have a backup stored somewhere else and you are positive that it's safe there. |
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more or less there must be an impact that is felt on bitcoin, because the news that is currently spreading will definitely have an impact on bitcoin.
but I'm not too worried, because I learned from previous scandals, that bitcoin won't go down too far, and surely there will be many people who think like that, and still hold their assets from being sold.
 There are rumors on social media right now especially Twitter that there are some creditors of Genesis, and these creditors are big players in crypto, some are centralized exchanges, and cryptocurrency projects like the NFT platform. Overall, these are just rumors and some of these already got explanations just like Mirana connected with Bybit, which Mirana manage *some* of Bybit fund came from Bybit CEO. |
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(....)
My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
This is the point indeed what you can see right now on the internet. Most of the people who love privacy, will always advice you on some privacy matters that what they can see, they will educate you that x is bad, y is good, and you should this, and that. I got your point, freedom always comes from our self. Just like they way we start using Bitcoin, it became freedom already. |
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Another thing that could be the reason is if you noticed, these past few days especially when the year 2023 started, the value of the United States Dollar (USD) started to fall also while the cryptocurrency market or even stock markets started to rise.
There are a lot of reasons for me, especially since the Bitcoin block halving is fast approaching, it will happen next year, so for me, that's one of the reasons too why we started to pump recently.
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It's tempting, but no dice for me, it's too early to sell as the price is still very low. Even if you bought at $15,500 the margin of profit is still not huge as compare to selling your stash in a bull run.
(....)
But if you are not looking forward to a bull run this year, you gonna sell even if you bought at the $15,000 level. For me, I have some Bitcoin that bought around $17,000 and just sold when Bitcoin broke the $20,000 level a few days ago because I believe, there are still a lot of opportunities to accumulate more Bitcoin before this year ends. |
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Be careful with this exchange. After what happened to FTX Exchange, there are already a lot of centralized entities affected, by its contagion effect.
If you take a look at this exchange, they got very high APY/interest on their Earn Interest program which for me is very fishy. Recently, I heard Nexo faced some issues with regulators. For me, I will not use this exchange at all and withdrawal all my funds right now.
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ICO is a past story but people mutated ICO to IEO, IDO and more. They have different names to use but the main task is to raise funds from the crowd, from investor community or speculators. Nowadays, after the ICO scam time in 2017 and 2018, you will hardly to find projects that raise funds by ICOs.
(.....)
As you can see also that the evolve from ICO to IEO -> IDO became more centralized things and regulated. For sure a lot of people got their lesson after what happened on lot of scams during ICO. For me, it's a good thing that there are already a lot of ways for projects to conduct token sales for their retail investors. Overall, there are still a lot of people who are manipulating these kinds of token sales ways. |
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Ethereum Shocks the World: Half a Million Validators and Rising, Is Ethereum the Next Crypto King Or BTC?
tell me if it's a stupid question
Yes, this is a stupid question. For me, this is not a valid comparison, Ethereum versus Bitcoin is not the thing here. Bitcoin will always be the king of cryptocurrency. And both great cryptocurrencies got different use, Bitcoin is a major in payments. Ethereum is likely more advanced, which focuses on smart contracts. |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Yes, when you are trading, you can earn huge profits and loss huge also because of volatility. This is likely gambling also because I believe behind these pumps and dumps are manipulation from whales or other traders also. For, I will not touch anymore these altcoins, it's not active anymore, and some of the trading volumes could be manipulated. |
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Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum.  This competition is already aged. I believe that Cardano is already far from Ethereum a long time ago, even Cardano (ADA) was created before. Even before, there are already a lot of issues with Cardano before, and a lot of people telling also that Cardano is because of smart contracts even though Cardano is already here a long time ago but there are still no working or real products. |
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FTX, Celsius, Voyager, and soon Luna ( probably )... all making ridiculous gains in this BTC rally. Meanwhile some coins with good fundamentals and strong utility ( like Chainlink ) are doing poorly...  C'mon... Just be careful about this. If you are planning to invest in these *dead coins, you must be careful because there are some traders who are just making money on this by manipulating the market. You can try to trade here but for me, if you do, you seem to do gambling here. You can try but just try a first small amount of your funds. |
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Mine is Optimism. 55.5 % Jumped all the way to 4th place in my top holdings. Mine was Solana, Solana went really hard to dump after the issue of FTX Exchange. And when Bitcoin started to pump up to above $20,000 a few days ago, Solana is one of the huge gainers. If you take a look at the list of top gainers for the last 7 days, most of the altcoins here are smart contract platforms like Solana/Optimism/Avalanche and together with NFT platforms like just Decentraland, The Sandbox, and Flow.  |
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I'm certainly not the most qualified person to answer your question but I recently came across an article claiming that the FTX exchange was able to recover 5 billion dollars in assets (including other cryptocurrencies, cash, and other liquid assets) in an effort to repay its customers, which could possibly justify the recovery FTT is marking. Source: https://cryptopotato.com/ftx-locates-5-billion-in-assets-attorney-says-report/Pretty much this. Some people on Twitter are speculating that there's a good chance that FTX ends up being solvent after all after selling the shares of FTX Ventures(Robinhood, etc). And add the fact that FTT is currently very illiquid — you can easily get pumps such as this. That's right, the state of the FTT coin is actually showing some similarities with Terra Luna and USTC, which went through a great number of pumps and dumps that, if you took advantage of them, you could potentially earn a lot of money. We're talking about 10 times within a day. I remember seeing USTC at $0.005, and the next day it was $0.055 and dumped shortly after. If you supposedly had invested $1,000, you'd receive more than $5,000 in less than a day. That's a great yield but a pure gamble; it's extremely risky and nerve-racking. This is gambling. High risk, high reward. If you are using this pair on your trade, just be careful, because, of volatility, the price could go up x2,x3 in just a short period of time. I even saw on Twitter that someone shared a technical analysis with a chart about FTT that they are expecting FTT will go back to $10 after the recent pump. |
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 If you take a look here, this is a comparison between the top 500 supercomputers versus the Bitcoin network over the time since Bitcoin was created at the year 2009. For me, we must not be worried at all about super computers because, for me, it is impossible to happen that the Bitcoin network will be compromised, market cap speaks here, those billion of u.s. dollars that are already in the Bitcoin market cap will not be there if Bitcoin network is vulnerable. |
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According to the statement what they plan to do is to start accepting payment directly using Binance Pay which is another means of promoting the Centralized exchange Binance.
(.....)
This sucks. If they will just be strict to use Binance Pay, accepting cryptocurrency seems useless because they are centralized. Maybe if they have some option, the better. Like using a lightning network if they are worried about the transaction fee or speed. I think they have a reason why they are using Binance Pay, still sucks for me. |
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