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2061  Alternate cryptocurrencies / Altcoin Discussion / Re: METAMASK TOKEN BIGGEST AIRDROP EVER! on: November 17, 2022, 04:50:51 PM
I saw this bridge
https://portfolio.metamask.io/bridge
This is not a bridge, but an aggregator of exchangers, because they offer me to make a swap through Hop exchange or Celer.

Very few exchange directions compared to my favorite service
https://app.rango.exchange/swap
Here I have a transaction stuck due to my fault and the admin in the telegram solved the problem in a few minutes.

You are right, this is aggregator of many exchangers. This bridge is still in beta phase and far from perfection. I also transferred funds from polygon to Ethereum chain. It took more than 15 minutes to complete the transaction which was more than what I had expected. You should have token worth $30 (minimum limit) to make transaction.

We don't know the criteria of airdrop & when it will happen, but I think we should continue using their bridge and swap to be eligible for airdrop.
2062  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I want to ask, at the end of the bitcoin and altcoin year, will the price go up on: November 17, 2022, 01:28:12 PM
looking at what is happening with the FTX exchange and knowing that the international market is going through a crisis due to the war in ukraine so do not expect that at the end of the year you will see a high price, on the contrary the price will be falling a lot or it will be stagnated below 22000$, whatever if you are doing long term hodl then you don't need to worry about the price, just keep calm and hope that within 2 years bitcoin price can go up a lot and recover from ATH or even those who know the price can break the ATH in 2 years. but don't expect big price increases in the short term and not even in the medium term, the market will take a long time to recover

My guess is that bitcoin could close the year at $28,000+. There are some signs in the market indicating the end of crypto winter and the last surrender of the bears. Bitcoin will not show strong growth this year. I think ETH will grow more in percentage terms, as it is already showing impressive growth compared to bitcoin, which is gaining very slowly. In my opinion, ETH has every chance to close this year at $2,000+.
I see no chance Bitcoin to reach $28,000+ at the end of this year. It even just dropped to $15k - $16k, quite far from $28k. Moreover, this year will end in 2 months only, so it is almost impossible to see Bitcoin raise $11k+ ($17k to $28k). I guess at the end of this year, Bitcoin may increase to $20k, it is the possible price to reach. About ETH, the price mostly follows the Bitcoin price. You can see the price chart, it is almost the same. If Bitcoin price is still below $20k, the price of ETH won't increase to $2k.



I think we can disregard any prediction that was made before the collapse of FTX, as at the time no one thought that something like this could happen so fast and it has changed the conditions of the market on the blink of an eye.

At this point even a price of 20k at the end of the year may seem difficult to reach as I think this panic is not going to be over soon at all, and if anything it may get even worse as it is possible other exchanges or coins collapse before the end of this year.

$20,000 for the end of the year is not a hard thing to achieve as long as this whole FTX problem ends early, because if this problem drags on for many weeks then we will see the price drop so much that it will be very difficult to get to $20,000, but for now It's still easy to get to 20,000$

It is very hard to predict Bitcoin price but 20K is possible by the end of current year if CPI data continue to slide down and market gets some more good news which can change the sentiment of the market which is extremely negative now.

Usually last quarter of the year is good for crypto market but this November has seen major collapse of FTX which has plunged the market into chaos & it will take time to come out of it. Hence, difficult to make any price prediction with certainty.
2063  Bitcoin / Bitcoin Discussion / Re: Is everyone that got in late last year in the red now ? How bad is it ? on: November 17, 2022, 08:05:06 AM
Just as everyone I think it depend on the time they bought it. Everybody cannot be in red at the same time , although there is always a regret in crypto but it depend on when you buy it.

You can handle green days, but when red days come, you keep complaining. Well, if you can't handle the situation, sell it. There are red days in bitcoin every year, and if you are new to the cryptocurrency, I'm sure you're scared now, but if you know and trust it well, bitcoin will bring you to the moon. Try to handle or practice your emotions in this kind of situation. Others also said try to handle your investment, like selling it while it is green, then waiting for bear days only if you are not that greedy on green days. 
we always expect a green market, but the question is, what have we prepared to welcome the green market. from there we can conclude that every season, be it bearish or bullish, we have to take a chance, as now I think is a good time to prepare for the bullish season later, by buying at this time, and when the bullish season arrives, we must also sell it, don't get greedy which ends up regretting it

Most of the Investors who got entry in crypto market in the last quarter of 2021 , made good profit in the beginning but later suffered losses if they had not taken exit from the market. Sock & crypto Markets started their downward journey when FED announced its money tightening policy and it is still going on, though we had witnessed some short lived rallies during the year but market remained in red during the course of current year.

Bull & bear cycles are normal for any market and hopefully current bear run will also end soon.
2064  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is about to pump on: November 17, 2022, 05:11:50 AM
Market conditions bad now. I think, Many investors losted Their money. I hope crypto Will pump very closer on 2023.
If this exchanges drama ends now, then it is possible that we will see recovery in the market. As DXY is dropping which is positive for crypto market

However, now is a good time to buy potential altcoins during the market decline
Sure! But stay away from sam's coins

You are absolutely right that we need to stay away from Sam's coins because  their recovery won't be so easy . The current bear market is an excellent opportunity to accumulate  Bitcoin and Ethereum  as both are fundamentally very strong coins. Though current bearish phase seems very severe & we have witnessed consecutive collapse of many big projects like LUNA & FTX but it will definitely end & we will see new ATH of Bitcoin & Ethereum in future.
2065  Alternate cryptocurrencies / Altcoin Discussion / Re: MATIC LEADING THE ALTCOINS MARKET on: November 17, 2022, 01:39:30 AM
indeed coin matic is very great, and I see the price of matic is now starting to get higher, and uniquely even during a bear market, but in my opinion the coin matic is still not falling too much and even though the price is falling it returns very quickly to its original price. means this shows that coin matic is really of good quality.

The Matic team continues making efforts to improve its use case that is why it has won the confidence of investors & they foresee of its huge growth potential in coming years which is also evident from its growing partnerships and recent one was with Instagram which is very popular social media company. It is also one of my favorite coins & I always accumulate it when it is in dip because it recovers quickly when market conditions start improving.
2066  Local / Other languages/locations / Re: Pakistan on: November 16, 2022, 06:59:07 PM

Hum mein c aksar log trust wallet user kertay hien aur ab funds ko exchanges c move kr k trust wallet mein rakein gay but theymos nay jo post ki hay is mein trust wallet ka zakir ni hay. Mein nay ais p aik post ki hay meta section mein Query on "do not keep your money in online accounts", jis mein poocha hy k app nay Trust wallet ka kion zakir ni kia.

Ais ay response mein bohat c loogon nay kaha hay k trust wallet itna secure ni hay aur ais c bethar hay "Unstoppable wallet". Ap bhi wahan p reply check ker lena aur dekhaana k kon sa wallet bather rahay ga hum logoon kay liey.

G Umer bhai ap theek kah rehe han trust wallet or safepal dono hee secure nhi han. Trust walle pe mein ne ek video bi dekhi ha jo k kafi informative ha eska link share ker reha houn taky hamari community online wallets k bary mein update rehe.

https://www.youtube.com/watch?v=x49q0mr64F8

==========================================================================================================

ZKSYNC k airdrop ki bht news aa rehi ha yeh airdrop huge ho sakta ha. Eski update ka link is given below:

https://twitter.com/Airdrop_Adv/status/1592884240966090752?t=rRYG5u5bB9q982Yg1qNq9g&s=08
2067  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can we see a huge rise in the price of Dogecoin ? on: November 16, 2022, 05:46:12 PM
Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?

I'm not saying that a huge rise of DOGE may not happen at all, because we all believe that nothing is impossible. But the reality nowadays is that we just simply do not know when that will happen next? Elon Musk have already done that before, but I don't think his next plan of hype won't impact much on DOGE's price anymore. That's just my opinion of course.

Yes! nothing is impossible in crypto space; it always comes with surprises so the possibility of huge rise in price of Dogecoin cannot be ruled out when a Billionaire like Elon Musk is backing it. Fundamentally, Dogecoin is not a very strong project, it is perceived as meme coins which are often pumped and dumped by whales to trap new market entrants so invest what you afford to lose in such projects.
2068  Bitcoin / Bitcoin Discussion / Re: Another opportunity is coming, a time to hold on: November 16, 2022, 02:22:10 PM
One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.
You are right. First of all, the current price has fallen below the price of the last round of bull market, and the risk factor has been greatly reduced. The most important thing is how much BTC you hold.

 All time high (ATH) of previous bull run has been broken which is a bad sign for market. The current bear run is not going  is likely to continue from short to medium term. Fear & greed index is at 23 which reflects extreme fear. It may slip down in coming days because crisis created by FTX will continue for sometime before market starts recovering. Despite all negativity, It is an opportunity to accumulate Bitcoin for those who have funds and their faith in Bitcoin is strong.

https://alternative.me/crypto/fear-and-greed-index/
2069  Other / Off-topic / Re: Lay off vs Pay cut on: November 16, 2022, 09:16:27 AM
A 50% pay cut will be it for me, thank you very much. Grin. In my country, asides from those who have a skill or two that can get them gainfully employed or which they can always fall back to when things go south, I think most would settle for a half pay because a half bread is better than none and a bird in hand is worth more than a thousand in the bush.

 The only setback to this is that one would have to cut back in excesses and that can't be a problem since humans are adaptable in nature.

Losing job or pay cut is not such a big issue, we can manage to cope with it easily, we lose jobs many times during the life & find another one in, such problems come in life but we overcome them with positive attitude.

Humans have history to survive in disastrous situations either it is  natural or man made. Humans have adaptable nature because unlike other creature they have the flexibility to eat many variety of foods, learn from others and live in different environments.  

https://brilliantio.com/why-are-humans-so-good-at-adapting/
2070  Other / Off-topic / Re: Lay off vs Pay cut on: November 16, 2022, 05:31:32 AM
Companies may choose to layoff its employees for several reasons which include but not limited to cost-cutting, staff reduction, relocation, buyouts, and mergers. When you go the Google and search for layoffs you would find out it almost seems like a conspiracy among big companies to layoff its staff almost simultaneously.
  • Meta, laid off 11,000 people
  • Twitter, laid off about 3,700 people
  • Stripe,  laid off about 1,000 people
  • Salesforce, laid off hundreds of its employees last week
  • Microsoft, laid off fewer than 1,000 jobs
  • Zillow, Snap and Robinhood, laid off 300 of its employees late last month.

A pay cut is a decrease in an employee’s compensation. It could be a reduction in salary, benefits, hours and more — it’s not limited to monetary compensation. It can happen for a variety of reasons. For example, a company might be trying to avoid layoffs and/or save money during a tumultuous period, with the intention of returning salaries to normal once the threat is over.

Let's suppose your boss called you into his/her office and explained the company's situation. He/she then gives you the option of getting laid off or taking a 50% pay cut. If you were to choose one of these options, what would it be and why?


Accepting 50% pay cut is a better option because the economy is not in good shape , new jobs are not being created  & I don't have any other source of income to meet with my living expenses but at the same time will continue struggling to get a better job as well as take some time to learn new skills those can help to generate some extra income.
2071  Other / Off-topic / Re: Time management on: November 16, 2022, 02:21:42 AM
I specially thank the OP for these informed and elaborate ways to manage our time. Time is money, everything is not about the physical cash, how we could effectively utilize the time we have is so beneficial. This is priceless if I must say, and we all have to learn from this to be more productive in our day-to-day activities. It is important to refine our scaled schedules on preferences and be proactive with the more choices that will add value to our lives.

I too thank OP for creating thread on such important topic which is very crucial in our life and determines the path to achieve our goals. We meet so many people in our social life who are very successful because they make best use of time with proper time management. It is an art & smart way to organize and plan your activities i such a way that all activities get adequate time to achieve what you planned for without any stress.
2072  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your lost from FTX collapse on: November 15, 2022, 02:56:38 PM
Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"
I was very lucky because I did not deposit any money on the FTX platform and never tried to trade on it before, although I used to think that this platform is strong and can survive but it quickly went bankrupt and was hacked, so this teaches us not to trust any exchanges, the only advantage What I need is P2P but I can do without it if my money is in danger of losing, there are those who lost a lot of money on FTX platform, yesterday I checked what users posted on the official telegram group of the FTX platform and found that there are millions of victims.

I was lucky too for not opening account in FTX exchange because I think Coinbase is Top exchange for its reliable security system and and it is listed on Nasdaq exchange of USA which makes it accountable to its regulators as well as its investors. The 2nd best in my opinion is Binance because they have highest number of listed coins/tokens pairs as well as they secure assets of their account holders by insurance fund. These are the reasons I prefer to deal with these 2 exchanges.
2073  Other / Beginners & Help / Re: Exchanges or platforms with too good offers. Be careful on: November 15, 2022, 11:52:11 AM
Before it was like, we're getting reminders to avoid most of the new exchanges. These days, there's no longer any exception about being careful to these platforms and it should be for all of them, new or old.

I think that the glory days of DEXes will be back and more people are going to trade there instead while going off into a centralized platform where FTX is one of them.

What is too good is rarely true because it is not workable in the long run so we should not put our hard-earned money in such  offers of exchanges or any other investment platforms. Such offers come up with huge reward to play with greed emotions of investors and steal their hard earned money.The reward offers are huge & unrealistic and  in most of cases not based on any good  business plan which is workable. Better to stay away from such offers and invest in schemes which are backed by well reputed firms and offer realistic returns.
2074  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really the future of money? on: November 15, 2022, 10:26:12 AM
Satoshi created bitcoin to replace the outdated monetary system of fiat but it will never achieve that goal because the government will never let that happen. Plus the volatility of bitcoin surely no one dares to use such a volatile asset in daily life, bitcoin is more suitable as an investment than as a currency.

No doubt Bitcoin is very precious asset because it is anti-inflationary, but it is very volatile asset and currently it is difficult to adopt it in daily life for buying goods and services which is also evident from un-successful experience of Salvador to use it as currency. But I think the situation will not remain so in coming years as awareness/popularity about crypto currency is growing at very fast pace all over the world which will definitely increase its investors to many folds. This will certainly reduce the of kind of volatility what we are facing now.
2075  Economy / Speculation / Re: Stop the panic, I doubt we will see 14k or less Bitcoin on: November 15, 2022, 06:51:23 AM
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

You can't stop the FUD, there are entities even in this community that does that, to create fear amongst us. It's the question on what will be their motives? maybe they want to buy cheap bitcoin? or just hated it that they want bitcoin to fall.

Anyhow, the FTX and the whole crypto market is a messed, but nevertheless, I think we can all recover from it. Just stay calm everyone, on the contrary, it could be a perfect time to accumulate. Remember that we have the halving in 2024, the catalyst for a bull run, so it's better to stack sats when they are very cheap right now at $16k. For sure when we look back, we will say that we survived this dump, just like we survived the Covid-19 crashed.
This is not the first and not the last drop in the price of bitcoin, and not the strongest in percentage terms. Bitcoin has already been buried many times, but this never happened, moreover, the reasons were more significant than now. So, this is not a reason to panic, but a reason to buy. The only question is when? Either now or wait a bit for more attractive prices. Don't be fooled by the opinion of the majority in plan FUD, but act in your own interests.

Experienced investors & traders don't get panic with what is currently going on in crypto market , it is normal behavior of Bitcoin & we should take it easy and believe in this precious asset which never disappoints those who hold it with patience .  Bitcoin has been undergoing many crashes and rallies since it was launched and I believe it will continue doing so in coming months & years until crypto marketcap reaches a reasonable level (10 Trillion and above) when it won't be easy for any whale to shake the whole market easily.
2076  Economy / Trading Discussion / Re: trading is good for traders with passive mindset on: November 15, 2022, 03:34:39 AM
Trading is good but only for big traders who must have big capital with diverse portfolio in which many coins will be adjusted. This formula can give good profit or income on regular basis. Apart from this trading profit you can make big investment to some biggest project in industry. For a good trading profit you must work hard.
Whether you do have small or big capital the most important thing you should consider is on how to sustain yourself with this unpredictable market.Even if you do have small capital
but still you could able to bare up with this unpredictable surrounding or market then sooner or later those small capital of yours would be compounded and would really becomes even
bigger and that what you should really be focusing into. I dont know about that passive mindset because if we do talk about literally then it is pertaining on not doing something
which we do know that it isnt really that a good idea or behavior to have as a trader but if this means on other essence then i do miss out the point.  Cheesy

Yes! it is true that markets are hard to predict but it shouldn't be the reason to panic but it is important to learn to save your capital when market goes against the position you took.
If you are a long-term investor, then hold your position and wait until your trade turns up in profit but for short- or medium-term traders, they should use technical charts and keep booking small profit whenever opportunity arises to increase your capital and also use stop to prevent liquidation of your account if market goes crazy & extremely volatile the way it is going on nowadays.
2077  Other / Archival / Re: Don't worry, bitcoin is cyclical on: November 15, 2022, 01:08:11 AM
A four-year cycle is hard for me. Because I bought a little bit of bitcoin at $50,000. I think the best way to invest is to buy it and then forget about it. Follow its price a few years later.

I doubt that the best way to get into bitcoin is to lump sum at $50k in late 2021 (or perhaps early 2022), and then just sit on that investment, especially if the BTC price has gone down so much.

In other words, if you did your homework and you decided that you had conviction that bitcoin was a good investment at $50k, then you should be able to determine that it is good to continue to buy all the way down from $50k to our current $16k-ish prices.

Of course, you have to figure out what is your budget and what is your strategy, but seems to be too much of a gambling technique to merely sit on your hands and fail refuse to buy more on the way down from $50k to our current $16k-ish prices.

So what is going to be your technique for accumulating BTC?  What is your budget?  Do you continue to make various lump sum purchases of BTC at lower prices, or do you figure out some kind of a DCA strategy, or do you engage in a variety of strategies to DCA, buy on dips and to lump sum invest?

The ultimate particulars regarding how you plan to execute your strategies and how you actually execute your strategies will have to do with a variety of your own personal particulars - and again, to me, it seems that in many cases, just sitting on your hands and waiting is not a very well planned strategy - even though in some cases, sitting on your hands might be amongst the better of plays.... so ultimately, each of us needs to figure out those kinds of particulars for ourselves and hope that we are not too regretful about our way forward, even if we currently feel that we might have made mistakes in the past.

By the way, I would not consider buying at $50k to have had been a mistake - unless you over did it, and unless you were ONLY prepared financially and/or psychologically for the BTC price to go up, at that time.  But even if you have made some mistakes in the past with your finances and/or your psychology, there may still be ways in which you can go forward in a way that you attempt to prepare yourself for whichever direction the BTC price might go from here, even if you might to decide to just start buying something as low as $10 per week worth of bitcoin.

There is no doubt that Bitcoin is cyclical, but it is hard to predict its next move based on its cyclical nature because it always plays out what market doesn't expect. During the current bear cycle it broke its previous ATH (17K) which was unprecedented & even now it is trading around 16K.

The best strategy what I learned by experience is to accumulate it when there is reasonable dip in its price and wait for the next dip to make further buying if you have got enough funds. You will definitely book good profit when bull market returns.
2078  Economy / Trading Discussion / Re: Stop justify stealing exchangers Are responseble on: November 14, 2022, 02:21:03 PM
Compensating the users of the FTX platform is the responsibility of the platform team. There are millions of users who lost their money as a result of this crisis that occurred due to bankruptcy and hacking. The platform is supposed to bear full compensation for the affected users. This is not the fault of the investors and traders who trusted this platform, they must be compensated as soon as possible or the law will take its course against the bankrupt platform team and investigate them. we should not be sympathetic and defend the FTX platform team, they are responsible for these mistakes and this theft.

Indeed, the management team of FTX is responsible and liable to compensate all users of exchange but from where the funds will come, company is already in serious financial crisis, their liabilities are more than their assets. They have already filed bankruptcy which means eventually all assets of the company will be sold out but the question is how much funds they will generate by selling assets and will this amount will be enough to give any compensation to victims of this collapse.
Let's watch and wait how the situation unfolds in coming weeks and months.
2079  Economy / Trading Discussion / Re: trading is good for traders with passive mindset on: November 14, 2022, 10:05:40 AM
Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

No doubt passive mindset is important for traders, but it takes years of experience, adequate training of technical indicators/Money management skills and above all emotional control to be a professional and successful trader. In my opinion the first thing to learn is technical charts to identify signals to take entry and exit at the right time as well as secure your trade by using stop loss but still your 100% trades won't be successful, some of them will end up in loss when stop loss hits which you will have to accept to avoid any major trading loss. DYOR


2080  Economy / Economics / Re: Binance Chief Pushes for Global Crypto Standards Amid FTX Crisis on: November 14, 2022, 07:48:34 AM
Binance's CEO said that industry players and regulators need to come together to bring transparency in the crypto space.

As the FTX crisis unravelled over the last week, the demand for regulatory clarity and proper crypto framework has soared recently. Head of crypto exchange Binance – Changpeng “CZ” Zhao – said that the firm has spearheaded efforts with other industry players in establishing a global standard for digital assets.

Zhao has recently engaged in a public feud with FTX chief Sam Bankman-Fried triggering the chain of events that led to the collapse of the crypto exchange FTX. The collapse of giants like FTX has completely shaken the crypto industry. It also eroded more than $200 billion from the crypto market in a week’s time. Speaking at a conference in Bali, Zhao said:

“As an industry, we need to increase transparency. We need to work very closely with regulators all around the world to make this industry more robust. There is a strong role for regulators to play but we can’t blame this on any single party”.

The Binance chief also mentioned that Indonesia’s tax regime isn’t optimal and that licenses should be available more easily. He further argued that the “industry is still growing, we are still building”.

The FTX collapse has caught the attention of U.S. lawmakers. Senator Elizabeth Warren said that the FTX fall uncovers fragility in the crypto space. However, Coinbase chief Brian Armstrong slammed the SEC adding that the lack of regulatory clarity is causing more pain.

(Source: Coingape)

Though the fallout of FTX has sent shock waves across the whole crypto industry but it is an eye opener for crypto investors as well as for regulators who are responsible to protect the rights of investors. They need to come up with strict regulation to scrutinize exchange and all crypto holding companies to maintain transparency in their day-to-day transactions and set high standards of business to avoid such incidents in future.
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