-cut- Am I evil for wanting to see CEX go or at least become less important?
I don't understand what that has to do with being evil. Even CZ himself has said that ee should live towards Dexes. I perfectly understand need for both. Maybe at some point there would be a dex with soulbound identity or something like that. But for now i see that free dexes in their current form could even die away at some point. This i don't see happening to regulated cexes
|
|
|
-cut- I never understood how wealthy and successful men can sound so negative at times: -cut-
I am guessing that when your net worth is dropping rapidly and you have to watch people investing billions in a cryptocurrency with an ape or a doge picture instead of your old man scams is quite insulting to fragile ego. But seriously gladly no one needs to care what horse industry thinks about auto industry taking their money.
|
|
|
Why is no one talking about the black swan event? Or are you saying we aren't going to see that again? Is there a chance that things won't always be the same with crypto? Is the FTX crash the only pain part we will see in this bear market? If the pandemic of 2020 never happened we won't have seen a buying opportunity of 3500$ for 1 Bitcoin. What do you guys have to say about this? Are we going to keep side ways until 2024 BTC halving now?
Ok captain hindsight, what black swan event you need us to be talking about? Because all we have is black swan events in the past. It's by definition something unpredictable so we can agree that they will happen in the future or not. Most likely they will happen as they have in the past. I really am hoping for sideways movement for a while. Moving too high now would be unsustainable and crash would kill portfolios as it would be many times worse with alts. (Also i don't know where you got number $3500 for bitcoin dip, that doesn't seem to make any sense.)
|
|
|
Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.
I haven't sen XRP producing anything particularly interesting or new to this space. I used to use it to transfer money between exchanges before there were cheaper methods. With a market cap of $21m already, how high can this really go if all goes well?
It's billions, not millions, so it's not going far. Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.
You do you, good luck with that. I don't see the possibility of 15x being even worth my time. Are you for or against XRP?
Do i have to have a stand? I think it's worthless and uninteresting but i don't have to be against it to say so and i know people who got rich with it so it worked for someone in that area.
|
|
|
I can't help of thinking that fundamentals of CAKE are tainted for it to grow big. With 300 scams per day pancakeswap has managed to create sort of reputation of a factory producing worthless idos. It's a place for cheap scammers. And eth transactions are going to be cheap soon. Then i don't really understand what's the point of CAKE/Pancakeswap anymore. Sure they can create attracting tokenomics on top of it but that's really a duct tape solution for irrelevant tech.
|
|
|
Do you agree that Biswap dex belong to BetFury? Or at least same people are on high positions at BetFury and Biswap? Why I think both have same owners - BFG token first listing was on Biswap, and BFG was the only token available for stacking/LP there. As if that dex was created to let people buy BFG tokens. The reason I am asking is that Biswap yesterday started their signature campaign here. Long time ago I have noticed that BetFury runs signature campaigns only when they have special events. Biswap did not have any running special events, so maybe there will something new on BetFury or Biswap soon? Good catch. Although they denied the connection when someone asked about it long time ago, but i feel there's a connection too. There were just too many coincidences, out from nowhere, new dex with similar color scheme. It's fun to speculate but in reality it doesn't even matter to me They might be friends or a group they chose to do business with. But it's always fun to speculate and i really hope they got something happening. Although it would be hard to imagine that what it would be what they would do together that would benefit both BetFury and Biswap. As a sidenote, your link doesn't work but i googled it and that's a pretty good deal for a signature campaign. It seems to me that gambling only on the daily staking payouts is a safe way to keep BFG tokens or even multiply them. On the one hand, this strategy allows you not to lose your initial investment because the BFG tokens remain in the staking. On the other hand, the daily staking payouts allow you to take a risk in gambling, and even if you lose, you will have another try the next day. The only problem with this strategy is that you need to have a lot of BFG tokens in staking. At least you should have a couple hundred thousand BFG tokens to get only a few dollars as a daily staking payout.
And that's the problem with this strategy of yours, because the least amount of BFG token a user can stake on BetFury casino is roughly 100,000 and above, of which not everybody can afford such huge amount of money, because 100,000BFG is currently valued at $1456, which has a very small daily payout of $0.7, too small to gamble with for any tangible profit, and also has a monthly payout of $21.4 and yearly payout of $256.8 for each 100,000 BFG staked worth $1452.8 base on the current market price (1BFG = 0.01458 USDT) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FXFmMMfV%2FScreenshot-20230202-181428.jpg&t=663&c=WjtYXySLMr2X3Q) Not only that, but what dwyane36 gets wrong is that those payouts have been diluting with such a speed you wouldn't be making your money back by staking.
|
|
|
IMO, NFTs trend is over. I don't like NFTs at all because how the order book and everything is hard for us in case want to exit the project. Holding NFTs for Instrument Asset is not a suitable and good things, because it's only a picture. See now the old NFTs who are reaching all-time high. How is going ?
I wouldn't ever suggest that people should buy NFTs as they are even harder to estimate how they hold value compared to altcoins and people would most likely be losing money. But i feel that people who are bashing them are doing it for wrong reasons. Like you could ask sarcastically "how is it going" in the bottom of the bear market and point at anything. If you look at erc20 or bep20 tokens, and compare them to erc721 tokens, over 99% of all of them are worthless now. There are just more erc20 or bep20 tokens. So how are NFTs done but altcoins not?
|
|
|
I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time. Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.
If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?
As you are not telling where do you get that psssive income from i am assuming it's staking. But imho don't make quick decisions. If you have collected your staked rewards as money to your account and have enough to live like a year, i would quit job. But relying on those stake rewards to keep paying same amount or More in the future and quitting your job because of it is just financially irresponsible.
|
|
|
I was surprised to see the fantom coin, which has gone up a lot and two weeks ago it was still cheap, but now it has gone up a lot. I want to ask whether the ftm coin will have the potential to continue to rise? And what's with the ftm coins that keep going up in price? I want to hear an explanation from you?
Because every altcoin that has potential has been rising this whole year. Fantom isn't an exception. It has as much potential to rise more in the bull market then most of the top coins rising right now. If FTM and other alts continue to rise, no one can say for sure, but i am guessing FTM won't be rising alone if there's a shakedown and other coins fall. That crash would be reasons we don't know. Many would point to their technical analysis and how their prediction was right, that's for sure. For now, just enjoy the ride. As later on all this movement was just a tiny blip on the chart.
|
|
|
It's looking like the bulls are back as we've seen with the more than the 30% rise in BTC's price just for the month of January alone. But even with that high of a price increase, I still see some folks say that we're still not of the woods yet. Surely there's some hope that we are out... What do you guys think?
I didn't expect it to go up this high at 24k tbh. I thought it was gonna go around 22k - 23k range, go back down to 20k then go side ways after that.
In terms of shaking and volatility we are not out of woods yet, and that doesn't mean we would be looking at lower bottom next. If we keep going up now, there will be a huge correction again and alts will hurt way more then btc from that. It can feel like a doomsday for sure. I genuinely hope we stay on these levels for a long time to make room for steady growth that can later turn to parabolic growth again, i wouldn't care, if it happens in 2 years or so. Right now going just too high seems like paper hands are about to be shaked off. Answer to your question: i think we most likely are breaking 25k but i would prefer less volatility now.
|
|
|
What do you think will happen to crypto if institutional investors all decide to stay away from crypto investment this time around? Do you think crypto can surge of it's own especially Bitcoin without the help of institutional investors money, do not yab me for this question, I am not sure what will happen I only need people's different opinions.
Well you need to go back in charts where there wasn't institutional investors. That's what would happen, although back then many individuals were buying because everyone knew institutional investors were coming in any time. I feel like many of them enjoyed dumping at institutions later on. There are of course ton of more individuals now but i can't see prices being anywhere near here without real players. And then there's the reason WHY would they leave. Because that reason would most likely be more catastrophic then result of them leaving.
|
|
|
-cut- I try to ignore the guy mostly because of the things he said about bitcoin. If this dude is willing to share opinions on things he has no understanding of, think about how much he's going to bend the reality in fields where he actually has some knowledge. -cut-
We all have subjects we don't know anything about, and when you are in business of being popular in the internet, people tend to except that you have a strong opinion about everything. I find that culture weird. It's like they are being seen as weak if they need more data to form an opinion. Him saying that bitcoin is a pyramid scam is more or less popular view that people were saying about altcoins while back and about NFTs right now. So i am guessing he hasn't really looked into it, or got that opinion from his friend who also has strong opinions. But i totally understand that opinion, it's the easiest one to have. That being said, What he says in the video is pretty much spot on and it's really nothing new as it's public info anyone who has been paying attention knows already. But there's one more thing he clearly haven't mastered and that's editing audio. That was pain to listen with headphones. I am not sure, maybe the guy has a hearing loss or something but there was this humming sound blurring the voice. He should hire an audio guy to oversee the recording and mastering.
|
|
|
-cut- •Signed some weird transaction that leaks your private key -cut-
Wait, i know there are wallet draining smart contracts out there but you can just disconnect those sites from metamask. But signing a message doesn't reveal your private key, at least i don't think so. Otherwise my accounts that i am still using have been more compromised then i thought. Can someone more tech-savvy please weigh in about this?
|
|
|
All you need to see is this to rule it illegal af ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeVHFMz8.png&t=663&c=BqtzNE1bZr6qMw) I really shouldn't dig deeper then that because that's all the red flags you need but here we go: Should i start by the fact they didn't bother to hire someone who is fluent in English language, because if that's not important i wonder what is. I mean seriously just chatgpt would produce better results. And so far i haven't seen ANY projects with picture of certificate that isn't a scam. It's pretty much guarantee of a scam: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FSenwRuN.png&t=663&c=zD4dfd1VOMap2A) And this is so stupid guarantee that it made me spill my coffee, and i am not talking about spelling errors, anyone can see that scam is "Garanteed", it's like someone who made this was: "f*ck it, anything goes": ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FtPHN8km.png&t=663&c=XL5BgiakMO972A) But who cares, you can invent your own reality when you are a scammer. I am guessing they are not doing KYCs but if they are, they are going to sell them in black market so it's your own fault if you gave them anything.
|
|
|
Is one of the centralized exchanges in trouble again? CEO is arrested because he was embezzling $50M worth of money but can it go down like because users and partners would panic and withdraw their funds and partnerships? Are they solvent enough for that? Or is the owner just going to be voted out from the CEO position as he has only 34.2% stake in it and everything goes on like nothing happened? What do you think? Source: https://cryptoslate.com/south-korean-authority-arrests-bithumb-owner-over-50-million-embezzlement-charges/
|
|
|
At the moment i have a bunch: ETH, Matic, SOL (because of Vitalik tweet), UNU SED LEO (This will probably take my whole life to bounce but tokemonics are sound), I am sure i have Lido DAO ( LDO) at some of my wallets but i can't find it to check out. My biggest bags in usd value are currently in very very low caps and i am linking them as no one probably knows what they are: Dusk Network, UniDex, Vela Token, BendDAO, Star AtlasThen there's my most insane bet with PEPESOL, it's not even listed in cmc or cg but it's one of these "1000x is nothing" projects with under $12k marketcap. It's a big hit or miss and i have only $100 in play as getting only to to $1M marketcap would make me over $8000.
|
|
|
Ethereum's upcoming upgrade, Shanghai, is said to happen on March 2023.
This hardfork will enable ETH staker and validator to withdraw from Beacon Chain which said to be approximately 16 million coins or over $25 billion.
I wonder how this will affect Ethereum ecosystem and the "universe" of cryptocurrency.
If those staker, who for many years waited to withdraw their rewards, will eventually decided to "dump" this will cause a huge effect to the market though we also know that they have many faithful and loyal supporter who thinks and believe the greatness and usefulness of this project.
Ethereum is still the 2nd most dominating cryptocurrency after bitcoin and I'm hoping Buterin have a great plan to convince those holder to keep their rewards and not to dump it.
There will be some angry people who didn't know that they wouldn't be able to instantly unstake it who will sell it out of spite, no matter if they are in loss or not. But those people aren't really the backbone of eth price anyway so i am guessing there will be as many many buy orders waiting for that drop as well. I am expecting some sort of dump, if for nothing else then because of sell the news effect. However if the drop won't instantly come there will be some people panic buying it. It's a toss of a coin. But it would be hard to imagine that nothing happened to price.
|
|
|
-cut- Like fiat, who would have thought be popular than gold?. the gold standard was abolished since 1934 and changed to the fiat standard now, but we know fiat is just paper that doesn't have value if there is no government judgment, some smart people understand that and begin to accumulate bitcoins on the safe box because they know fiat standard will die soon like old brother, gold.
Fiat money has nothing to do with bitcoin, they have whole different purpose to exist. They are not in competition with each other so bitcoin won't be killing fiat standard nor it can replace it because bitcoin doesn't serve the same purpose. If old fiat standard gets killed it's because it has transformed to something more efficient. Neither bitcoin is competing with gold. Saying that gold would die doesn't mean anything. Where does it go? Will we get rid of it and shoot it to space or something? Please be more specific when you make such claims.
|
|
|
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k? The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets. I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder. I want to hear your perspective on this.BTC
That would need something drastic to happen, but as we already had unseen pandemic and war i thought i never see. I wouldn't be surprised about some catastrophic event. Although there would not be a safe heaven to invest if that happened beside doom-shorting everything. World economy does look dark, but from my experience things always look darkest near the bottom. So wouldn't count it out but i like to be optimistic about the world so i won't be betting buy orders to $12k. It's already seems to have stabilized on the current area. My guess is that bitcoin volatility will be boring for a while until people see it too old and boring. After that bounce to new ath will probably surprise everyone.
|
|
|
Reason number 1007 why I don't want anything to do with altcoins or defi nonsense. They are a hackers wet dream. Tens of millions of staked assets were also lost or hacked from Blockfi, Celsius, etc. Seems to me ethereum staking (through which you have no self-custody) would be the next big juicy target for hackers. Which is why proof of stake is horribly risky and unsecure imo. I don't understand how ETH's Proof of stake has anything to do with some random smart contract exploits or cross-chain bridge hacks. But maybe you can explain. And since you talk about altcoins specifically i am sure you don't want anything to do with bitcoin's taproot DeFi potential either or is that just different kind of nonsense? Not to mention the exploits in Bitcoin's lightning network.
|
|
|
|