is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?
like it was year 2017 when it will work again like 2017`?
I get your frustration but you need to understand that the market is behaving in a way in which we can't exactly predict with 100% accuracy what will happen next. The fact that you're asking when the market will show a strong bull run indicates to me that you're not at all familiar with cryptocurrency, again nobody can know for sure. As it is all crypto markets and in particular BTC is not doing that bad, there is no need to panic, things could get worse but for the past weeks we have seen BTC stabilise more or less around 10k. When involved in crypto markets you need to learn patience, and if you joined hoping to get to how it was back in 2017 then most likely you will lose money by being here, as you need to understand how things work. |
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I think people with a criminal mind ready to act on and undertake illegal activities don't care whether it is fiat or crypto as long as they can obtain them with minimal effort and get away with it.
That said, only crypto with less involved 'hacking' due to required expert knowledge would be at higher risk, while fiat would be at the top. We need to remember that for now crypto is still in its early days and it would take time until criminals would adopt crypto as their main strategy, like fiat is today, and there are plenty of articles written on exactly this.
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Although the sum is high ($270,000) this seems to have been a somewhat long-term strategy as Pluto exchange was established in 2017, so this whole scheme was out there plotting their scam exit for over 3 years!!! Source here. To be fair, anywhere where an executive comes and speaks to you directly (like if they were serious they wouldn't have better things to do  ) convincing you to invest with up to 30% return on investment is already dodgy. I'm not saying straight out these people deserved it, as clearly they were too fixated on ' making money overnight' and you can't blame them, but the whole issue stems from them not being educated enough about crypto and the high incidence of scams. And these unfortunate incidents, unfortunately, is what governments pick up on when allegedly 'thinks' about banning or implementing regulations. And, it is hard to prevent these types of scams from happening as these can be as illusive as the internet around the globe. |
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CryptoBitcoin being potentially the currency of the future doesn't automatically mean that it's 100% perfect because it's definitely not, and nobody in the right mind is saying that it is.
With that said, your 2 points are definitely obvious flaws, and people are yet to figure out a good more-feasible solutions for them(than the typical write down instructions on a piece of paper etc). Having true ownership and having self custody really also has it's drawbacks. People are calling bitcoin the currency of the future due to the mistrust in central banks or with banks in general, not specifically because of it's user-friendliness.
I couldn't agree more with @mk4. BTC is denoted as the future of finance because of the freedom from centralisation and the emergence of the blockchain technology which can be used beyond the scope of creating digital currency, and can be used to solve real life challenges such as pension funds etc on the basis of smart contracts. If somebody is saying that BTC is safe, that's a lie. It isn't 100% safe due to targeted hacks but so far it is the best alternative to having a decentralised system where you and only you (plus any other people you trust with your life) can access your funds, giving you full responsibility. |
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I dont think it is safe not to be on telegram or twitter if you are in cryptocurrency. The 2 are the most active form of communication for cryptocurrency enthusiast, the competition in the space demand lots of development from most competiting project. So it is important to get those information early to save most of the token. However, bitcoin enthusiast may not need telegram at all but altcoin investors really need it
I somewhat agree with the above. Telegram is not all trash, there are many groups which are useful not only to potential investors but to newbies also. Do not let a few bad experiences from some groups put you off from potentially forming more connections and getting more knowledge. The key is to weed out spam groups, and only keep those that you think give you value. For instance, many projects are launching their public token sales on telegram, so it would be silly to miss put on similarly great things - don't you think? |
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I haven't used to luckybit. With every casino there is way to verify the bets and the users have access to it. With luckybit, what's the need of you verifying the bets instead of other users. Anyhow it is something appreciable, because users who aren't much knowledged find it difficult to verify the bets at some instances.
Users can verify their bets on luckybit. They can go to the bet browser, then click over any bet, a that will display the best information. The thing there is users have to verify the bets one by one. But with the code, i did users can verify the bets by batch. That's just more efficient for the users. Ahh, now that you write it black and white people reading this are able to tell how this project of yours is contributing to the gambling community. I wasn't aware of this, as I never checked y bets, not that I play a lot anyway. I mostly do it for fun. But I do appreciate the effort you put into this, it looks good and I think it could lead to something bigger with more and more people finding out about it. |
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Anyway, they already promissed to return all money to the customers. Not bad
Yes, they did say they'll take full responsibility and work together with those whose accounts were hacked. Even if I got lucky and still have my funds intact, I'd still don't want to be in their position. The fact that KuCoin is refunding these people is amazing, and this type of responsibility should be adopted by all major exchanges |
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I woke up really worried that all my funds on KuCoin were gone after seeing this news. Then surprisingly and to my relief none of my coins have been withdrawn, everything remains intact. I wonder whether this is because I had no funds in the main account and only few hundred dollars in the trading account which were spread over ~3 coins but not much  Or perhaps the funds were so low that whatever standards the hacker used to select accounts for withdrawal mine came to below that threshold What do you guys think? |
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Not only this casino looks serious going on about their business taking care of customers. The range of games they provides is appealing to any player, there's something anyone could indulge in - too bad there's no faucet for new people to gambling who just want to try things out. What impressed me most was the activity level provided with a series of competitions, and the craziest one of them all  (see below).  |
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So I am not saying that arbitration is impossible. Because the standard license reference used by crypto exchange (especially CEX) does not yet exist. So that, the possibility of arbitration in crypto is still widely open.
Arbitrage is the sole reason traders are able to make such healthy profits so, of course, it is viable in crypto as much as it is viable outside of this industry. The lack of standardised licence isn't going to stop people from taking advantage of the price differences across exchanges. If you're to make an open argument on this topic, what is needed at the moment is a more controlled, unified licences, to strengthen the power of arbitrage. |
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 A few hours ago Binance, the largest exchange platform has been blacklisted by Roskomnadzor (Russian telecom regulator) on the grounds that the exchange is " disseminating prohibited information". However, this restriction does not lawfully prohibit Russians from accessing Binance so everything for now acts as normal. So far it has been tentatively speculated that this decision has got nothing to do with Bianance's plan to launch a ' crypto debit card' in Russia. In fact, very little is know as to what was the real cause of this measure. To read more about this story, click here. To this extent the real reasons behind this remain unknown. Is this a new attempt to cripple blockchain and its descendant coins?
What are your thoughts? |
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The fact that now you can use smart contracts to release your crypto assets to the intended person who has the key is a nice example of how inheritance can be passed on. Even without the use of smart contracts people will feel more secure than ever to transcend their wealth through BTC and other sources of crypto.
Its almost guaranteed use in the future and derived value will allows for these types of transfer to occur almost within a few clicks of a button. Quite convenient for somebody who wants to ensure their legacy goes to the right people.
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Seeing this move by the European Commission is huge news and at the same time expecting news! We all agree that in order to achieve widespread crypto adoption regulations need to be in place to ensure safety of users and their assets.
I think it is about time officials treat this as a necessary matter for continued economical and technological growth and think about ways to monitor some of these crypto activities. Overall, this is a great step forward.
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I agree with you and it does seem that most people prefer ERC20 USDT. Have a look at the DeFi launching projects and you will see that for all of these tokens you need ERC20 USDT. Most DeFi token sales go through an ERC20 system - coincidence? I think not. It is possible that this trend burst at the same time as DeFi came about, that is a possibility indeed and can easily be traced back - but I'm not going to do that here, I'll only present the possibly  |
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Ever thought of ways to increase your wealth through some online gaming platforms? https://www.kingbillycasino.com/en-AU/games/slots got you covered as it's the best online gaming platform that offers its users chances to increase their wealth within a short period of time. Unfortunately, my country has restricted access to the website so can't comment much about features available. What I'd say to people who read your post and think that this is a different platform for making quick bucks that this is DEFINITELY NOT the case. Instead it seems to be a normal gambling site where as everybody knows you often lose then you win. Also, it would be useful to add in your post the transparency around 'game fairness' as well as house edge. |
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For sure the addition of more ATMs in cities and communities is a rough estimator of public perspective on BTC and cryptocurrency in general. However, looking only at the numbers of ATMs is a little misleading as some of these may not have been legitimately installed and regulated, so a distinction is necessary. Nonetheless, it's encouraging to see that with more crypto based projects the value of digital currency becomes more widespread. |
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You’re asking this question because there is hype surrounding DeFi and you’re thinking that it is going to be so huge in future and to the extent of replacing traditional banking. This kind of question is like what a lot of people used to ask about Bitcoin before, and the funny thing is that some even started believing that it is going to happen.
It doesn’t work that way. We all like cryptocurrency and all these things, but to be sincere, I don’t think it’s going to be as a lot of people here do think. They are not going to be replacing anything, they are a different system on their own.
Good point. Bitcoin has been the most widely successful implementation of an alternative financial system with decentralization in mind. Yet, it has been unable to replace traditional banking in its entirety. This is largely because banks still dominate the world's economy. After all, governments issue Fiat currencies through central banks. The fact that Fiat is stable while crypto is not, makes the latter a terrible option as a currency for day-to-day transactions. Which is why I think that "De-Fi" has a very small probability of replacing traditional banks in the future. In the bright side, people have a choice to exit from the current monetary system subject to corruption and manipulation. Crypto's decentralized and censorship-resistant nature, allows anyone to use it as an alternative financial system in times of need. No one can freeze your assets on crypto or confiscate them (depending on certain conditions, of course). People looking for an alternative to Gold could simply invest on Bitcoin and use it as a safe-haven asset against traditional Fiat. "De-Fi" brings "banking to the unbanked" allowing anyone to freely do whatever they want with their money in a completely private (sort of) manner. Even if "De-Fi" becomes extremely popular in the mainstream world, it'll always be an alternative than a replacement of banks. Just my thoughts  My mind was already made up on the fact that DeFi could in the future make banks absolute, despite seeing all the reasons outlined here, which of course are valid. It only makes sense to detach society from such a warped way of traditional banking which is made for the rich. Decentralisation is the way forward and of everything else that's available as an alternative DeFi is the strongest viable option. I do believe this transition would be slow and nonetheless in the distant future but entertaining the idea makes it the more probable, don't you think? |
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I went through your site, the landing page mentions absolutely nothing about Bitcoin, crypto, blockchain. So I went to the News section, ran a search for the same turns and nothing was found their either. Then I figured, he has to mention crypto at least in his FAQ, but again, nothing!
Your site is obviously tied to traditional online casinos and there is nothing wrong about that. But it obviously needs to be changed to contain much more crypto-related content to have any importance on this forum.
Not only that but it seems to me that after all of this effort the least they could do is design a proper inviting to read ANN. The fact that the website is seriously lacking of proper crypto content might be part of the business plan but at least should have been targeted somewhat to this forum. Don't get me wrong, there's been an incredible amount of dedication devoted to this website but it just needs that extra 'brush' over to smoothen things a bit, but I guess that's why you're here. |
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While I understand that covid effects are dangerous, but UK’s economy currently is fragile, and shutting it now could completely cripple whatever is left of their economy, hence I support Boris call that UK should not do a fresh lockdown.
I'm not sure I agree with either of you. This is a fragile time and if the government doesn't act in a more invasive way the thread of the virus will not only threaten the economy as a whole but will affect everything else including more hospitalisation, more deaths etc. This period so close to winter is crucial, and the restrictions that Johnson imposed are no different to the ones that the public should have been following up until now anyway. In order to prevent all the massacre that is to come, I feel tougher restrictions and better policing need to be put in place, as people are deliberately not following the rules. |
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It completely depends on the coin. If the coin has a low marketcap and low trading volume/liquidity, then it might be easy to pump it up by a decently effective shiller. But of course, these kinds of pumps aren't sustainable, and are almost guaranteed to crash back down.
That is in essence very true. It is much easier to shill a low market cap coin then the alternative for sure. The only thing to watch out for is that this temporary inflation can indeed happen even several times i.e 5x but one should remember that after a bump cycle, dumping has to follow. Often, it is obvious when somebody shills a project if they do it everyday on their social media account, that again won't necessarily dictate a price follow up though. |
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