There is lot to learn before anyone of us can actually say we have achieved the full potential of crypto and Bitcoin. People with skills can still make big profit in crypto world. So there is nothing like being late for party. Use your skill set and earn. The party is still going on.
Of course. Bitcoin is still at an early phase, especially when the world is stuck with the "Fiat standard". There are a lot of people who haven't heard about or even used Bitcoin before, so I'd say newcomers are still early to the party. Once the vast majority of the world's population adopts Bitcoin as an alternative currency, market prices will be a lot higher than what they are right now. Experts have been projecting a BTC price of over $1m per coin, so anything's possible. Getting in now, would help secure your financial future once BTC explodes like crazy. Just wait until a couple of halvings, and you'll never want to look back into Fiat ever again. Who knows if you become the next Bitcoin millionaire sometime in the future? Just my thoughts  |
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Fed policy affects a lot of other financial markets, not just bitcoin, and there is nothing we can do against it. The only thing we can do is keep buying every time bitcoin drops in price and wait patiently. Despite the fact that inflation can last for a long time, it won't last forever, and at some point things will return to normal once again, so don't worry about the things we can't handle. The ongoing crisis will be a danger to many but also an opportunity for others. Opportunity or risk is only different in each person's perspective.
I wouldn't say "inflation won't last forever", especially when there's no indication both the COVID-19 pandemic and the Russia-Ukraine war will be ending soon. Even experts said we're going to have to learn to live with COVID-19 for the foreseeable future. If the economic recession extends itself for a long period of time, then "hyperinflation" will be inevitable. What prevents Bitcoin from rising in price is not inflation, but rather the FED's "hawkish" stance of strengthening the US Dollar. A stronger USD, means a lower-priced BTC on the market. The opposite happens when the USD becomes weaker. I'm pretty sure the FED will change its stance soon in order to prevent the USD from becoming too strong against other currencies. Once that happens, BTC and other major cryptocurrencies will only go up in price. Who knows if the year of the next BTC halving (2024) will be a big one for the entire crypto/Blockchain industry? Just my opinion  |
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It is not a scam. Just a useless token with no utility like it once had. Right now it is trending and trading only because of the community support. To be honest most of the people are trading and investing in altcoin with the hope of becoming rich real quick. They all believe that the price can reach $1 (being delusional) or at least $0.001.
Right now I think they are going to implement some burn mechanism. People thinks that this burn mechanism will help the price reach $1, but that isn't going to happen anytime soon since most trading and transactions are being done in centralized exchange.
It's not a scam as you've said. But I wouldn't recommend investing in it, because its reputation is already destroyed. Investors and traders simply don't trust LUNC after the TerraUSD stablecoin crashed all the way downhill. The team should've rebranded the project in order to help attract new investors into it. Instead, they've decided to make a new coin called "Terra 2.0" with nothing innovative other than eliminating the TerraUSD stablecoin for good. It's all a mess right now, so I'd suggest anyone to look elsewhere. Investing into Terra Classic would be no different than investing into a "meme" coin like Dogecoin, Shiba Inu, or APECOIN. I wouldn't be surprised if LUNC fades away into oblivion as people move on to the next big thing in crypto. Just my thoughts |
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There are already some forks of Tornado Cash. Private bridges like 0xMonero's 0xTIP and blockbend are also options.
It seems so. They're fairly new to me, so I wouldn't pour large amounts of crypto on them just to be safe. I'm glad there are alternatives out there in order to help protect people's privacy. Just because crypto mixers exist, that doesn't mean they're solely used for malicious purposes. People have many legitimate reasons to use a mixer, especially when they don't want third parties spying on their transactions. Businesses need privacy to help protect their utmost sensitive information, so I don't get why the government is completely against crypto mixers. I get the government wants to stop money laundering and tax evasion, but taking down the mixer completely by sanctioning it is not the ideal path to take. Instead of sanctioning mixers, why doesn't the US government sanction the individuals using the mixers for illegal activities? I'm pretty sure this will be challenged at the court soon (if it hasn't already), so only time will tell us what lies ahead for crypto/Blockchain tech's prominence in the mainstream world. Just my opinion |
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A "friend" of mine has been using Tornado Cash and now needs help finding a replacement to mix his funds. So far I have been able to identify a handful of them. Do you know anything more about the ones I listed? Also, please respond if you know of any others that he could use.
Railgun- I heard yesterday that it is down but I think they use relayers to mix.
0xMonero- They launched 0xTIP last month and their community is growing fast. The problem with this one is that although it has the potential to replace Tornado Cash, it doesn't have the liquidity needed to mix large amounts of funds yet.
BUCC- I heard that v1 and v2 were exit scams and that v3 just launched and was one too. I don't know if this is true or not but the token is supposed to enable you to store and transfer BUCC privately on ETH.
These mixers are new to me, so I can't tell whenever they're trustworthy or not. You'd just have to check on the code to see for yourself (although if such forks are a direct copy of the original Tornado.Cash protocol, there shouldn't be any problem using it). It's a good thing we have other alternatives, or we would've been "toast" by now. This shows us that crypto/Blockchain tech is truly unstoppable thanks to its decentralized and open source design. I don't think the US government will hunt down these alternatives, but if it does, then people should be prepared to make another copy just in case. Hosting the frontend interface of the mixer protocols on IPFS or another decentralized network should render governments' efforts futile in the long run. As much as I'm against money laundering and tax evasion, I hate it when governments take down people's ability to enjoy privacy and true financial freedom. At crypto won't be going anywhere soon. Who knows if the US and other mainstream governments give up on their efforts to try to destroy crypto/Blockchain tech? Just my thoughts |
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Did anyone else get their orders shipped? I've placed mine over PM on August 11, 2022 but I haven't received a tracking number yet. This is the only message I've got from BitcoinPenny on August 17, 2022: Hi again, Abiky. Thanks again for another order with TBPCo! Your order will be shipping early next week...
Regards,
Chris
I've been asking him for shipment updates for a couple of days now, but no reply so far. It's been almost a month since my order was placed. Is anyone else having the same issue? I'm in the US, btw. Thanks. Thanks for posting this reply, Abiky. I'm just a little one-man shop that has accidentally grown too large over the last couple years for my limited skill set and time availability. I still do most of everything all by myself, so I often fall behind on some things — website updates, product photography, bookkeeping, emails, and (unfortunately) shipping. (Sadly, I don't make enough money to hire another employee, but I'm working on that now.) I appreciate that you've made your concern public. That gives me the swift kick in the butt that I sometimes need to get my priorities back on the right track. After all, customer service is EVERYTHING, and I've undoubtedly slipped a bit lately. I apologize for that. However, I have good news, my friend. All paid orders, including yours, were shipped out yesterday. I'll send the individual tracking numbers shortly via PM. In the meantime, please rest assured that your goodies are on the way. Thanks again for the much-needed recalibration, Abiky! Regards, Chris Hey, it's cool. I appreciate all of the hard work you've done over the years to "spice up" the physical crypto collectibles space. Never thought this was a one-man operation, so my apologies for being a little intrusive with many PMs. I'm glad to know you'll be looking for someone else to speed things up a bit. That said, I'd like to thank you for taking your time and attention in helping me solve my issue. I've got your PM with the tracking number. This definitely won't be my last purchase with the TBPCo. Cheers.  |
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Did anyone else get their orders shipped? I've placed mine over PM on August 11, 2022 but I haven't received a tracking number yet. This is the only message I've got from BitcoinPenny on August 17, 2022: Hi again, Abiky. Thanks again for another order with TBPCo! Your order will be shipping early next week...
Regards,
Chris
I've been asking him for shipment updates for a couple of days now, but no reply so far. It's been almost a month since my order was placed. Is anyone else having the same issue? I'm in the US, btw. Thanks. |
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9 - Abiky Thanks again for the raffle, Krogoth! |
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The price of Bitcoin and a number of other crypto assets has been observed to weaken over the past 24 hours amid investor anxiety about the US Federal Reserve's hawkish policies. My question is: can Bitcoin bounce back at its Psychological level? The FED's "hawkish" policies are only meant to ease inflation within the short term (effectively strengthening the US Dollar in the process). But they're not a definite solution to fix the economy. As long as the FED keeps the USD on a strong margin, risk assets like Bitcoin and stocks won't be experiencing gains anytime soon. Investors would most likely hold USD in their wallets while it's going strong. Only the weakening of the USD could take back BTC to its original price levels. I'm really in no hurry to see this happen as long as Bitcoin sticks to its core fundamentals of decentralization and censorship-resistance. Instead of complaining about BTC's price going all the way down the drain, people should buy BTC now before the market turns bullish. Remember, wealth is built during bear markets (not bull markets). As long as you play your cards right, you'll be on a certain road towards becoming extremely wealthy within the not-so-distant future. Just my opinion |
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alot of posts seem to be focused on the price of bitcoin. i understand why because they are wanting to sell it for a profit but is that the purpose of bitcoin or was there some other purpose for it? i thought it was originally designed to just be a way to transfer digital cash in a decentralized manner but it seems like people don't really care about that part of it and all they care about is what its price is. seems they got the wrong idea of bitcoin.
thing is, for alot of people it seems like when bitcoin price is "high" they think that means it is succeeding more than when it is "low". but if we think about bitcoin's intended purpose, it doesn't matter what the price is as long as bitcoin can be transferred peer to peer without any centralized party being involved. so if bitcoin was worth $1 people shouldn't complain.
A lot of people are only focused on Bitcoin's price because they want to get rich quick. In other words, most people join the Bitcoin train just to make a lot of money in the process. When prices go all the way down the drain, that's when they start to panic and believe the cryptocurrency is nothing more than dead. But let me tell you, Bitcoin is a lot more than just the price. Why would I want to measure Bitcoin's value in Fiat terms when the latter is bound to collapse soon? It would be best to use Bitcoin on its own regardless of how much it's worth in Fiat in order to truly experience the decentralized economy. On its own, Bitcoin is a stable cryptocurrency you can use anytime, anywhere without restrictions whatsoever (1 Bitcoin will be always equal to 1 Bitcoin, right?). If only people understood what Bitcoin is really all about, things would've been different nowadays. Human greed has taken over the crypto/Blockchain space, so prices will always be important to the general public. At least we know Bitcoin won't be going anywhere thanks to its decentralized and censorship-resistant design. Just my thoughts |
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Ethereum has struggled alongside bitcoin and other cryptocurrencies in the market if Bitcoin goes down altcoin also follows suit which is why the altcoin market is in shambles at the moment. But ethereum looks like the only Savior of the altcoin market. So will the ethereum price get to 4k before the end of 2022?
Bitcoin has further retraced from its $20k price range, so it's highly unlikely ETH will get to $4k by the end of 2022. There's really no way for ETH or any other cryptocurrency to go all the way to the moon unless the global economy is back on its feet. How would you expect demand for crypto to increase if food and gas prices are soaring like crazy? Only the wealthy will be able to pour money into crypto because they have money to spare. Considering that we're still in a recession, it's going to take quite a long time before we'll be able to see ETH back above $2k again. At least, the network is healthy. As long as the ETH blockchain remains decentralized, nothing else matters. Just my opinion |
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No matter how it sounds now, it’s somewhat cynical, but the terrorist war unleashed by Russia against Ukraine, and with elements of a terrorist-economic war against the EU, will give excellent results: - The world will finally see what a terrible bastard they have created in the form of terrorist Russia. They will feel it "on their own skin", because previously they played either fools or infantiles, hoping that trouble would bypass them. - The world stops any interaction with a terrorist country, a murderer country, a cowardly liar country. - The EU economy will never again depend on the resources of a terrorist country - Sanctions will at least lead to the degradation of the Russian economy to the level of the 19th century, the population degraded Putin himself and very successfully At best, Russia as an integral state will cease to exist and fall apart into many independent, free states. How Russia is retaliating against other countries, tells us that sanctions are working. The US and EU countries shouldn't let their guard down by tightening sanctions as much as possible (not lift them). With mounting pressure against Russia, it should only be a matter of time before Putin admits defeat and everything goes back to normal in Ukraine and the rest of the world. The longer Ukraine resists Russian forces, the faster Russia's army will fall (due to lack of supplies, soldiers, etc). I just hope we see the light at the end of the tunnel soon for the good of the global economy. Both crypto and stocks have been severely affected because of the deteriorating global economy. Unless this mess goes away, we can't expect to see prices rise anytime soon. Just my thoughts |
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I've created a couple of pretty valuable coins in my day. Without even looking at how much BTC has been accumulated on them, both of these coins should easily fetch over $20,000 even in today's bear market and likely much higher as they are both still accumulating bitcoins on a regular basis from the weekly NastyFans Bitcoin distributions. With how rare large platinum coins still are in the collector's world and the number of seats attached to this one, the platinum round is really something special that is likely to be worth a great deal in the future. The 4oz .9999 Platinum NastyFans Minted 1000 Seat round: ... The 10oz .9999 Gold NastyFans Minted 250 Seat round: ... There are still some Minted Seat rounds available for sale here: https://nastyfans.org/mintThose are really cool collectibles. I wish I could afford one, but the bear market has put me a bit on the tight spot. They are definitely on my wish list of physical crypto coins to buy. What I like the most is their limited mintage numbers and Bitcoin distributions. I think collectibles from Alpencoin, NastyFans (OgNasty), 1HODLCLUB, Casascius, Lealana, and Denariums are the most valuable ones in the crypto space. There are so many unique items that's hard to collect them all. I don't think anyone has ever managed to collect every single crypto collectible yet. But who knows? Maybe I'll become of them if I keep expanding my collection? |
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Actually OP, it is easier said than done.
Given that there are people who invested thousands to millions of $$$ on their BTC investment, this means that the slightest movement on its price could mean an increase/decrease of over thousands of dollars on their investment. So, while the thought of HODLing and hope may give some sort of assurance, people who have lots of dollars on their investment should be ready to take all the contingencies and plans in order to maximize the their gain or loss on their investments.
Of course. Not everyone is capable of "hodling" crypto for a very long time. Especially now when we're living in hard economic times. Everything is increasing in price from gas to energy and food. Only those with a lot of money to spend, will be able to invest into both crypto and stocks. Things will become worse if the global economic continues to deteriorate. Unless everything goes back to normal, I don't think BTC or any other cryptocurrency will reach a new All-time-high in price ever again. The same can be said about the stock market. Who knows what measures mainstream governments will take to put an end to this global crisis once and for all? Just my thoughts |
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The upcoming update will surely have a big impact on Ethere but since we're still in the bearish season, it can't reach its pick price easily since it goes along with BTC. However, I also believe that it could reach more than $2K in the future especially when the bull market happens. We all know how Ethereum surprises everyone every bull season.
The market is still in "bearish mode", so I doubt ETH will be able to sustain a price of $2k and above. Maybe within a short time period (the first day of The Merge), but after that, it will go back to sub $1.5k prices. Unless BTC reaches a new All-time-high, neither ETH or any other leading cryptocurrency on the market will be able to "pump" in price like crazy. I'd say people should just buy coins at these low prices to cash out big time once the market turns bullish again. If BTC hits more than $60k per coin, then it's likely ETH will go all the way to $5k-$7k. No one knows what will happen in the future, so we can only hope for the best. Just my opinion |
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The article stated The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, is for the American citizens but for other countries they can still use or the people in America can find a way to use, the Cryptocurrency industry still needs mixing protocols/services the way things are being centralized in the Crypto industry, mixers support and adhere to decentralization which is the core teaching of Cryptocurrency Yes. American citizens will be mostly affected by the sanctions. But other countries could restrict their people from using the Tornado.Cash service, especially if they have close ties to the US. I think people in Russia, Venezuela, China, and other foreign countries won't have a problem using the aforementioned mixer protocol. Besides, it's still possible to use Tornado.Cash directly through ETH smart contracts no matter where you are in the world. That's thanks to the decentralized and open source nature of Tornado.Cash. The code is widely available for anyone to copy, modify and/or redistribute, so I wouldn't be surprised if a Tornado.Cash clone is born on a completely different blockchain to challenge sanctions imposed by the US government. Just my thoughts |
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It's literally just a matter of time when owners dump that to zero, they might wait for years to do that but as they already have dumped 1 Million tokens in one minute, you can easily see where they stand and how much they care about crashing it. It's just when not if as they eventually run out of that money, they just do it again. Imagine how much they will get after they get real liquidity on high prices. https://cryptoslate.com/dogechain-developer-wallet-caught-dumping-1-million-tokens-a-minute/It's gambling with very bad odds. That's very bad news. It shows us developers only created the chain with the sole purpose of filling their pockets with money. I'm not surprised because I've seen such schemes ever since I've joined the crypto/Blockchain revolution. Newcomers will totally go "rekt" if they keep pumping money into Dogechain hoping the token will soar all the way to the moon. But veteran crypto users like myself, will think twice before investing into anything which claims to be the "next big thing" in crypto. The "meme" coin hype hasn't ended yet, so it's going to take a while before we see "shit projects" fade away into oblivion. Ultimately, people will decide which coins to support and which ones to abandon. As long as governments do their job in hunting scammers, there should be nothing to worry about. Just my opinion |
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You get it wrong fella. My statement was an appreciation to the Chinese miners and investors that continued to purchase, HODL and secretly mine cryptocurrencies even if their government are against it. And the Chinese continues to become influential in the market considering the hardships and struggles to keep them away from Chinese authorities.
And back to ETH mining. ETC is of very little value and this is also a good reason why the miners will choose to fork.
Miners decided to fork ETH just to fill their pockets with money. They didn't choose to switch to ETC altogether because that won't leave them with "free" coins in the process. By creating a new fork, existing ETH holders will be able to gain the same number of coins on the forked blockchain. How much will ETHW be worth in Fiat terms (USD), will greatly depend on mainstream demand. I don't think the fork will sustain its price for long, especially if the project doesn't come up with new and innovative ideas that will help attract investors into it. I believe ETC will be the only fork (or should I say original ETH chain) that will retain its price for a very long time. Maybe ETH's switch to PoS will make ETC more valuable in the future? Just my thoughts |
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I think investing in Ape coin is little bit risky and we shouldn't Invest openly. It's done alot of partnership but it's still new in market and Usecase is not big like other Metaverse coin Sand and Mana. Only small amount is suitable here . I recommend To invest in Sand and Mana which are much better than Ape coin.
APECOIN is as risky as Dogecoin or Shiba Inu. They're all "meme" coins without any substance to them. The reason why most people buy these coins is because they want to get rich quick. After what happened with Elon Musk's endorsement of Dogecoin, we've seen a wave of "meme" coins "popping up" every once in a while as developers want to cash in the hype as much as possible. Only a fool would rely on a "meme" coin as a sort of long-term investment. I honestly don't see how APECOIN would be any different from the rest of the other "meme" coins on the market, especially when it's driven by hype. Bitcoin is the only cryptocurrency we should focus on, since it holds promise to change our world for the better. The rest are simply junk. But who are we to blame if people are the ones who decide what to do with their investment? Just my thoughts |
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