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221  Other / Beginners & Help / Re: Congratulations to me on: September 16, 2020, 09:32:43 AM
I congrats you for achieving Member rank and soon full member rank within the next 28 days. Success depends on your work. As your contribution to this forum is evaluated by the forum members, you got merits (rewards for good work). I hope you will continue your journey for the contribution to this forum.
222  Bitcoin / Bitcoin Discussion / Re: India looking to Re-ban Bitcoin on: September 16, 2020, 09:27:18 AM
It is a rediculas matter that India once legalize and after few days think to ban. This circle has been continuing over the years. Majority politicians don't know about cryptocurrency or they don't understand truly what is cryptocurrency. A country Govt can take any decision, it is their legal rights. We  only can expect a good news from the Indian supremecourt.
223  Bitcoin / Bitcoin Discussion / Re: OMG !!! Peter Schiff was right, again............. on: September 16, 2020, 09:21:29 AM

PETER SCHIFF noted early this year that BitCoin is trading like the STOCK MARKET  Shocked   

Stock market goes into a bigger bubble, and so does BitCoin. 

Stock Market Crashes in March, so does BitCoin

Stock Market goes into an even bigger bubble April - September, so does BitCoin

Stock Market Corrects now ( early September ) so does Bitcoin correct down to 10,000 again.

THE ONLY ONE LEFT:   Stock market crashes hard:   Bitcoin will also crash hard.

Gambling and speculating on BitCoin can be great, and make you a lot of money if you time it right.   But you must get out of the Casino in time.  If you stay in the Casino to long, the house will always take your money   Cry

I hope no one has money they can not afford to lose invested right now....



It is difficult to predict price in crypto. Few experts like Peter Schiff predicted and it happened drammatically. It doesn't mean that his prediction is perfect. Stock market crashed means it will affect on Bitcoin, this idea is not right. I don't rely on others prediction in crypto investment.
224  Bitcoin / Bitcoin Discussion / Re: Breaking NEWS: SEC, Bitcoin now legal (a security) in Nigeria. on: September 15, 2020, 10:07:48 AM
It is really a good news for Nigerian people who are involved with cryptocurrencies. It will really assists others countries where still cryptocurrencies trade are illegal. They may think its reality and can legalize by imposing some rules.
I see this as a country with a high percentage of users and an interest in crypto projects around the world. Loosening and regulation will significantly boost people's access to cryptocurrencies even more in Nigeria and regional countries.
I see this project that accepts the Nigerian currency Naira. Maybe this project is from this country.
https://markaccy.io/

If crypto legal in a country, new projects will developed from there. It is just start of journey in Nigeria.

225  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust Active telegram Groups? on: September 14, 2020, 09:30:28 AM
Investment in a project doesn't depend on active telegram group. Active telegram group helps to easily communicate with the investors in open communication. I haven't measured how many % of successful project telegram is active still now. XFinance is a new project and i have heard about it for the first time. You have to be careful before investment in a new project. In my opinion, it belongs to B.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history] on: September 14, 2020, 09:25:12 AM
Thanks! It is very important to give people real information. People think that decentralized finances do not have any risks! But it is absolutely vice versa. It is a new industry, new code, no one tested it for a long time, so be careful and invest only what you can afford.

Right, many people think it is risk free but it is also risky either from hackers or price dump. Price is not a factor but security is must concern here and from this useful post, it is clear that DeFi projects aren't free from risky. As it is new system, new codes should be developed regularly to be more secured otherwise it will be cause of damage to the investors.
227  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now the 6th largest world currency on: September 13, 2020, 07:45:38 AM
Circulating Supply

USD - $1.5 Trillion

EUR - $1.38 Trillion

CNY - $1.15 Trillion (8 Trillion CNY Units)

JPY - $1 Trillion (106 Trillion JPY Units)

INR - $425 Billion (31 Trillion INR Units)

BTC - $216.5 Billion (18.48 Million Units at value of $11722)

This data has been made in comparison of the bitcoin market circulation against the M0 money supply of fiat currencies.

What is M0 money supply?

Total value of bank notes, coins, and all substitute that can be converted to cash. The M0 value is commonly termed as narrow money.

Source : Decrypt

Bitcoin can't be classified with fiat currencies. Bitcoin is the top of virtual currencies over the years. From the view point of value, Bitcoin is now 6th largest coins in the world either fiat and virtual currencies. You know Bitcoin can't be converted into cash legal way in most of the countries but your data is impressive to me.
228  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I don't buy Polkadot now on: September 12, 2020, 01:14:33 PM
Your post is full of very very important information about Polkadot project. I have know about this project and tried to invest in token sale but i have back some reasons. Now my back reasons pushed me from pulling huge profits. I am trying to observe on Dot and will buy few DOT in the current price and will hold for few months.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: Define the (scam) DeFi. on: September 12, 2020, 12:50:56 PM
Binance or other exchanges only care about their profit, so their behavior isn't strange at all. Users probably have to be more rational about this DeFi hype, mainly about locking tokens to get more tokens. It's like PoS coin hype in the past. It should be obvious, but I don't understand why the market seems to think this is something new.

The project may or may not legit, but they are significantly overvalued IMO.

Right, exchanges only care about their profits. They don't care about new trends DeFi 's negative aspects coming soon. As a investor, i have to be careful about the scenario that can happen. We have past experience and it is little warning before DeFi crash. Every overvalued DeFi project will blast soon.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it the best time to buy Kick? on: September 11, 2020, 02:06:20 PM
You have a correction, 40 sub satoshi not 40 satoshi. Kick has recently pupmed because they have done buy back worth of $100k in 1st September. Actually kick is a good project although few members said negative about it. I have already bought and filled my bags and will buy more if i get cheaper rate than now. If they work according to their plan, this project will grow soon. As their exchange is new, it needs time to develop. It is good time to buy kick and fill up empty bags.
231  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto success takes time on: September 11, 2020, 02:01:09 PM
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

Investors want to give time if the project is real like Dash, XMR, LTC not all projects. Actual projects need time, i agree but waiting long time in maximum projects will lose your money, time and labor. If a project develops regularly, it will grow in future but so called projects will vanish if you wait.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to call the people into crypto on: September 11, 2020, 01:56:01 PM
The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.

Do you think now is the right time to call the people into crypto world?

I don't like to advise someone who doesn't ask me about trade. It is not a good way or good idea if i advise in advance without request. They can think that i have interest in it. Besides, a Hype trend named DeFi is running. Almost all DeFi projects are on the pump and people are hanker after it. Of the coins, i only like 2 or 3 coins for their actual purpose and most of them are Hype and will blast in future when most of the investors will face huge losses.
233  Alternate cryptocurrencies / Altcoin Discussion / Re: Yearn Finance and Bitcoin on: September 10, 2020, 02:40:00 PM
Today or tomorro Yearn Finance (YFI) will collapse in my opinion. There is so manipulation that hpye its price at least 20x higher that what price should be in reality. Before investing in such Hype, should think its risk and probable blast in anytime. We can't compare YFI with Bitcoin. Higher price doesn't create actual value of the project.
234  Alternate cryptocurrencies / Altcoin Discussion / Re: Etherscan or Ethplorer on: September 10, 2020, 02:29:58 PM
I use both etherexplorer and etherscan but maximum time i use etherexplorer to see my bounty wallet whether any new token arrieve or not quickly. I observe some difference that you reffered in your post. Basically etherexplorer shows value of tokens that are listed in coinmarketcap where in etherscan, value of coinmarketcap and other exchanges listed values. This causes sometimes difference but it is not major difference.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: Polkadot is the Real Ethereum killer? on: September 09, 2020, 09:45:01 AM
I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.

Polkadot is still new coin and performing well still now. Today most of the new tokens are created and developed on the basis on ethereum platform and these tokens are known as ERC20 tokens. Recently people are moving to TRX for few reasons like Ethereum transaction fees, time wasting in transaction. Hence TRX is cheaper and quick in transaction. If ETH makes mistakes, hence Dot and TRX can take the place of ETH. It is too early to compare with ETH, we have to wait another few years.
236  Alternate cryptocurrencies / Altcoin Discussion / Re: Who has the eye that looks into the future? on: September 09, 2020, 09:35:42 AM
Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?

Cryptocurrency will not fully dominate the world currencies where most of the countries think it is their anti financial policy. Crypto currency developed and spread in maximum corner of the world and will spread more but it will not be the main stream coin of the world. If Govt of the maximum or all countries think and take action to legalize Bitcoin, then it can be used as the 2nd money of the world where local currency will work with it.
237  Alternate cryptocurrencies / Altcoin Discussion / Re: Any Hope for Libra? on: September 06, 2020, 12:32:03 PM
We were surprised that Libra will come into the crypto market which is really good news but now it is a dead project. There is no recent update of Libra project for a long time. Probably it has been rejected by Mark Zuckerberg due to the las of USA. There is no hope of this project's future. We have to forget it from our memory. It is a failure project before born and come to light.
238  Alternate cryptocurrencies / Altcoin Discussion / Re: It is not easy to make money in cryptocurrency on: September 05, 2020, 08:58:01 AM
Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.


There is no easy or shortcut way of earning in crypto area. Maximum airdrops are fake or worthless but few airdrops are really good that comes rarely. I have done theree airdrops of TNC group tokens, Automicwallet, Origin which actually paid better than bounties. Trade is the best way of earning but it is risky too. Bounties are now basically worthless.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Fees on: September 05, 2020, 08:50:31 AM
Ethereum fees is now more than $8 that i have paid in the last few days. This is fraustrating for a single transaction. If this fees continue, Ethereum will lose its popularity and TRON, XLM will gain its place in the future.

thats fine if eth loose some users because in that way eth value will decline and its fees are also gonna get lowered while its also a plus point for the coins that you said but i dont know if its also possible for trx and xlm to have an expensive fees when their values are already high .

 maybe not ? because trx and xlm are known to have a less fees ever since they are created .

Already ETH lost its value nearly 30% which is the result of extra fees in transaction. Most investors are trying to avoid Ethereum network transaction or ERC20 token transaction. Hence they are using TRX, XLM transaction for low fees and quick result. In future, TRX and XLM fees may high but people can love to think at present.
240  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful with scam copycats of YFI on: September 05, 2020, 08:45:56 AM
Just an advice from me to you, do not invest in new YFI copycats popping up on daily basis due to the huge success of YFI. We all saw the surge with YFI price currently above 22,000$ which surpasses BTC price right now. This is causing a lot of FOMO and scammers are taking advantage to launch their own scam coins (YFI copycats). Examples are YFIE, YFIS which launched even without website or team information, yet people still FOMO to buy. Be careful please, just a peaceful advise.

People who will invest in YFI at high rate will face huge losses in the upcoming days and will regret. A coin 3x higher rate than Bitcoin can't be real. It's hype and will blast soon. So it is wise to not invest in YFI hype project. Investors should be aware about DeFi before investment decision.
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