Idena is now available on BSC (binance smart chain). You can trade it using BSC DEX like pancakeswap or aggregators like 1inch.

iDNA BSC SC - https://bscscan.com/token/0x0De08C1AbE5fB86Dd7FD2ac90400AcE305138d5B

iDNA/BSC bridge - https://bridge.idena.io/

Its working, I've tested bridge (iDNA to BSC only), trades, liquidity pool but please note that there was no official release. Looks like this needs more testing. Use it on your own risk or better avoid using at all before official announcement.
 

So its even worse.


They mint 15 cakes for "farmers and lottery" and then burn coins during lottery... They mint just to burn. For second time. For me .. its cheating, fake boosting numbers to confuse investors/users.

~3000 cakes are being burned during lotteries on average - based on last 10 lotteries ... twice a day. 6000 cakes per day.

While 720k each 1 day is being minted. Its less than 1%

During last IFO they burned $1 500 000. ~100k cake. Its 13% but ...we don't see IFO each day...

Those burns lower >200% inflation to ~170-190%. Its still way too much.

Name a stock that pay more than 20% in dividends and its price is not as volatile as above crypto (outside current bubble)

It seems to me that you are confusing the quantitative passive profit with the qualitative profit from a well-selected investment in a stock company. Is this >20% is from price grow than i must say that average stock trader/investor earns 2% annually. Experienced investor earns more, obviously, inexperienced loose life savings. Average 2%.

As I said. Everything is on blockchain. Check your address and you will see if flips were bad because of weak consensus (you will learn to make flips easier) or because of being reported (you will learn to make flips that use 2 words better), or maybe it networks bug. If you don't know how to check it by yourself post your public address here.

Thanks

Now back to your question:


So they mine 15 cake each 3 sec just to ... burn it XD Just to make tweets like this one:
https://twitter.com/PancakeSwap/status/1356279604298727434
That's first strike.

We are left with 25 cake generated each 3 sec = 500 each 1 min = 30 000 each 1 h = 720k each 1 day = 262.8 M each 1 year.
Current circulating supply = 134,901,580 CAKE
So in 1 year from now supply will triple so will marketcap do if we will stay at the same price.
That's second strike.

Big dexes from ETH are expanding to other chains (like 1 inch is naw available on bsc and eth). Competition on BSC will only grow.
That's third strike.

Defi, in general, is overhyped
That's fourth strike.

I would rather avoid investing in cake.

Not even a single person refered to fundamentals... Only pure guesses about what is expensive what is cheap in his subjective thinking.

Wink is casino token that gives you shares in profits. You should check this casino volumes (AKA total wagered) multiply it by casino house edge (~1%), estimate annual profit, calculate your share, compare it with other investment types. Check trends (not price trends but user base and traffic trends).

Gpu market with scalpers - gpu available but expensive
Gpu market without scalpers - gpu cheap but unavailable

Price is that high because nvidia is not able to meet the demand and is not going to speed up production because of situation from 2017 when they produced tones of gpus and were left with them for years because bubble burst , eth dumped and The market has been flooded with used graphics cards at super low prices. Covid also don't help with that

Moim zdaniem wybicie nowego ath i zarazem zmiana kodu na szóstkę z przodu przebiegła bardzo słabo. Mizerny wolumen, mizerna zmienność. Może to przez fakt, że nastąpiło to w weekend, kiedy to statystycznie mamy do czynienia z małymi ruchami i małymi wolumenami?
Moim zdaniem potwierdzenie wybicia nowego ATH otrzymamy dopiero w poniedziałek jak na rynek wróci wolumen i zmienność.

Looks like binance knew exactly whet they were doing employ Sen. Max Baucus few days before this case. He already take voice in this case saying that cftc looks at a lot of other crypto exchanges right now mostly because whole market is booming. And binance has not been charged for anything. We have only investigation here.

What you guys think?

https://www.bloomberg.com/news/videos/2021-03-12/cftc-should-review-crypto-because-it-s-exploding-baucus-video

Pozytywny wpływ na cenę ma fakt, że te nagrody pochodzą w 100% z fee, bo BSC nie generuje nowych coinów co blok w przeciwieństwie do większości innych chainów (jest deflacyjny).

Work like every other casino. You only use cryptocurrencies as units of account.


Bitcoin is 11 YO so its not "new thing" and its basics are easy to understand


Here I'm not sure what you mean by that but if you want to know how fair online casinos "shuffle the cards" check my thread - Provably fair mechanism (How to check fairness of your bet - based on Luckydice)

Why you want to trade stable coin to USD?


From this sentence it appears to me that you may try to get rid of GBP buying anything from the list above and than use them to trade on all trading pairs available on gemini?

If it didn't work out try different exchange - like binance. I have never heard anything about UK restrictions there.

Na tronie są oplaty. Za wysłanie tokenów trc-20 płaci się około 1 zl. Wiem, bo właśnie ostatnio kołowałem na boku kilka tronów bo nie mogłem ruszyć USDT. Teraz zachodzi pytanie jak to robią giełdy kryptowalutowe, że tych oplat nie przenoszą na klientów? A tak właśnie jest - większość giełd nie pobiera fee przy przelewach Trona. Pojęcia nie mam. Jakaś zmowa górników, że kopią transakcje dużych giełd za darmo?



BSC to nie jest proof of stake, tylko "Proof of Staked Authority":

"
BSC here proposes to combine DPoS and PoA for consensus, so that:
-Blocks are produced by a limited set of validators
-Validators take turns to produce blocks in a PoA manner, similar to Ethereum’s Clique consensus design
-Validator set are elected in and out based on a staking based governance"

https://github.com/binance-chain/whitepaper/blob/master/WHITEPAPER.md#consensus-and-validator-quorum

pierwsze 2 punkty są jasne, pytanie co z ostatnim:

"In the genesis stage, a few trusted nodes will run as the initial Validator Set. After the blocking starts, anyone can compete to join as candidates to elect as a validator. The staking status decides the top 21 most staked nodes to be the next validator set, and such an election will repeat every 24 hours."

Czyli bloki waliduje 21 największych wielorybów, chyba, że ktoś mniejszy da radę dozbierać BNB dzięki DPOS - delegowanie BNB

Learn basic TA (just google it).
f.e
https://www.investopedia.com/articles/active-trading/011815/top-technical-indicators-rookie-traders.asp
https://harrynicholls.medium.com/7-popular-technical-indicators-and-how-to-use-them-to-increase-your-trading-profits-7f13ffeb8d05

Create binance account, feed it with 100$ and start trading. Learn on your own mistakes. In the meantime read more about trading.

Remember that 90% of your success is money management (google it).

Train your mind and the ability to make quick decisions without emotions
https://bitcointalk.org/index.php?topic=5122226.msg50225995#msg50225995

It is possible to live only by trading. You need discipline, motivation, self-denial because you will whipe out your balance multiple times. Just go with minimal amounts when you are inexperienced (less than 2 years). This will lower your learning costs.

7. If you are new here (less than 2 years experience in trading and crypto) spend this bubble on observations rather than investment. However, if you really want to participate in the market, use very small amounts. Like 5-10% of what you are able to.
8. Even if points 1-6 looks legit it does not mean the coin is cheap and is worth investment today (when most of alts already did 5-50x).

 example of coin research - https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809 (price go x18)

Share your public address, I'll tell you what happened. But most likely you have created really shitty flips and few of them were reported or did not reach consensus. Creating good flips is
necessary to receive the validation rewards

Same thing was with Bitmex few months ago but we didn't had "investigation news" that day. We had "BitMEX founder arrested" news instead. I agree. There is 101% true there is an investigation but ... its investigation only ... it will take months if not years to end. And what the punishment will be if binance is not allowed in US anyway? How US can force this punishment? I do not have the competence to judge it correctly, but the whole thing seems absurd to me.

But far more logical. I just cant understand how is it possible that one country forbids something for its citizens and than chase companies not even registered there. Its like small African village prohibits its users from using facebook and next day sue facebook for not blocking them. Collects millions and improves the economy for years. Is it that easy?

https://www.bloomberg.com/news/articles/2021-03-12/crypto-exchange-binance-investigated-by-u-s-over-who-s-trading

Same accusation that Bitmex had few months ago - allowing US citizens to trade derivates ... Damn. How about US will hunt and punish their citizens for trading instead of hunting exchanges for not filtering US citizens well enough ... Ridiculous.
CZ comment:
"It’s not a bull market without some FUD.

Ignore FUD, keep BUIDLing."

Oh man ... I was 15 months before you with my, very similar, calculation I even calculated expected APY from lauchpads, lauchpools and other activities compared to nasdaq average dividend- https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809
But I like to see that I'm not the only one who calculate Pretty rare here in altcoin section, where alt is cheap when it has big community on telegram XD

Now lets take a look at CAKE.
1- The fact that cake compared to uni is undervalued does not mean that its price will grow. Both tokens can dump, but UNI can dump harder. DEFI is very hyped = overvaluated. Compare token marketcap vs volume for dexes and cexes and you will know what I'm talking about.
2- You should take a look at inflation. This year Cake inflation is like 300% - ~200% after burns!. Its crazy to invest in CAKE.