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2481  Alternate cryptocurrencies / Altcoin Discussion / Re: Why FOMO when a coin is pumping on: May 13, 2021, 09:10:33 AM
Yes, as the name implies, they don't want to miss the party that happened, where when someone gets profit from certain coins or tokens, other people will try their luck by buying tokens or coins that have high gain recently. They tend to override their brains to make decisions and give priority to temporary emotions to catch up.
A good investor should have a thorough understanding of the coins and tokens he is buying. Because this has to do with the importance of the digital assets they have and should not follow FOMO using emotions.
2482  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: May 13, 2021, 03:39:13 AM
I don't see any real way of preventing one person from opening ten accounts if they have ten computers and are quick at jumping from one computer to another.

short session is 2 minutes, you can validate like 1-2 accounts in that time no matter how many computers you have.


One human being can validate two wallets easily, the thing that needs to be done is to use Google Chrome and Mozilla Firefox to open two different accounts, then rent an Apikey shared node. At least you have to be able to complete one wallet in less than 50 seconds, because the actual time is only 1 minute and 45 seconds to validate the short time.

This notification appeared when I started to shift the Delegation button to active mode, so what should be avoided so that we can still get maximum income from IDENA mining?
It's there to warn you that you should not delegate mining to the node that you don't trust fully.

I do validation using web validation for two wallets at the same time. So that the delegation mining that I do is from my second account to my main account. Here I only aim to find out how delegation mining itself works, and I want to experience delegation for this one epoch. My curiosity medicine
2483  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for the DFINITY airdrop on: May 13, 2021, 03:22:49 AM
I saw a few friends they shared that they got the money from $50k to $200k from this airdrop, I was also surprised and happy to have them share that they did it a long time ago and right away not even I remember exactly about it. Anyway congratulations everyone who has participated and been with this project, you are having fun from it.

How did they get such huge amount of tokens, when in airdrop rules it was mentioned that "Users who subscribed before April 4th will get between $500 – $2500 DFN and users who subscribed after will receive at least $100 worth of DFN tokens." ?

In Reddit, people mention that they receive either 28, or 119 tokens. With the price of roughly $500, these 119 ICN tokens could be "$50k". But how did they get $200k? Cheated and participated with multiple accounts? 
I don't know how they do it either, but I know they have been in the community before and can benefit from refs with their community. Or they could be cheater airdrops, and that value is just the total amount of coins they can get charged with its closest ATH price as they say. It's not my money anyway, that's all I know if I get such a large sum I'd really seriously dig deeper into this project, even though I've heard about it said a lot ago these times I think still not ready to start hoarding it for long time.

It does not rule out that it is just a special strategy used by certain individuals so that the airdrop seems very attractive and makes people have a strong desire to be part of the airdrop. You can be fooled by this kind of game, not only is the money lost, but the most important part of you that you give, namely your complete identity, becomes a dangerous threat in the future.
Data misuse is very common in this era. We all know that data is more important than gold. For example: Google, Facebook, Twitter, TikTok which have successfully monetized their user data for the benefit of the platform.
2484  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin I should investmen with 5k dollars? on: May 13, 2021, 03:15:44 AM
BNB, ETH and BTC are the best choices as the three coins are at the top of the market cap list.
Bitcoin is suitable for those of you who want to invest in a very long term where BTC coins have always been used as the main benchmark for the existence of altcoins. If Bitcoin does not exist, cryptocurrency loses its heart which is an important part of the cryptocurrency ecosystem.

Ethereum and BNB are suitable for short to medium term investments, where you can take profit whenever you want in a short period of time. You need extra energy and attention so that you don't miss the best moments to buy and sell assets.
2485  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest on: May 12, 2021, 10:25:44 PM
Yes, but I wonder why when a coin already has a high price, everyone recommends investing in that coin, why when the price is still low, don't many people recommend that coin for investment? isn't investing in a high price always risking a loss if there is a sudden drop?

All coins look either expensive or cheap only in comparison to their past prices, but no one can compare them to future prices which may vary for everyone's assumptions here.
We saw the previous BNB price was around $ 200- $ 300 and then now the price has gone up to $ 600, sure enough the $ 600 price looks high when you compare it to $ 200, but if someone assumes that the BNB price is fair it should be $ 1000, then the current price is cheap.
No one can guess that future BNB coins will still be able to cross $ 1000 or even $ 2000 like Ethereum is currently doing. The current price of Bitcoin is $ 52k, and the price on November 5 of 2013 is $ 225 / BTC. Maybe $ 50k BNB for the next 8 years is not an impossible thing.
2486  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Gas fee issue on: May 12, 2021, 10:10:14 PM
Hi, I'm totally new in crypto. I just purchased $60 USDT (Erc-20) in my Coinbase wallet. I wish to trade or swap it. But, when I am trying to do it that's the time it shows that "I don't have enough Ethereum for Gas fee". Please help me and let me know is there any option to do it without Gas fee?

Transferring digital assets without GAS fees especially on the current Ethereum network is not possible. You can only make transfers if you have ETH balance in your wallet which will later be used to process transactions as a reward for the miner who signed your transaction on the Blockchain.
Currently you can check the transaction fees that are currently in effect on the Ethereum network using the GAS Tracker service from Etherscan or Ethgasstation
2487  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Crypto be more valuable than gold? on: May 12, 2021, 10:12:42 AM
For now, it is accepted that cryptocurrency is more valuable than Gold, even though it has a very strong price volatility, but Bitcoin has managed to maintain its existence by increasing the price of Bitcoin to a newer price standard of $ 56K.
Bitcoin is very suitable for use as savings or long-term investment for more than one year to be able to get greater profit than gold, buying it, of course, must also be prepared with the risk of asset depreciation that can occur at any time depending on the prevailing trend.
And Bitcoin is very suitable to be stored by anyone in this world.
2488  Economy / Speculation / Re: One Year After The 2020 Halving, Bitcoin Price Has Gained 533% on: May 12, 2021, 10:08:20 AM
Now I am excited for the next halving how much more it would grow.
I think we could reach 6 digit before halving so I am really excited to see how much would it be after the next halving.
It is really a great time to accumulate as much as we could before the next halving occur.

If you follow the Bitcoin price rocketing pattern after the halving,
a. Bitcoin halving in July 2016, Bitcoin price rose sharply when the end of December 2017
b. Bitcoin halving in May 2020, Bitcoin price rose sharply in May 2021
c. If Bitcoin halving occurs in 2024, then it is certain that in 2025 there will be a new achievement of the Bitcoin price where this can make the market cap for all cryptocurrency assets very crazy. You have to prepare from now for the next 4 years.
2489  Alternate cryptocurrencies / Altcoin Discussion / Re: it's hard to sleep because of thinking about something on: May 12, 2021, 09:56:41 AM
Short-time trading is really time consuming, you need to always keep an eye at the market price change but still your health should be prioritized than your income or else you might end up using your earning for medications or hospitalization.
LOL. It is better for us to enjoy our time by investing in the long term or as holders rather than having to spend our profits to treat diseases caused by day trading or short-time trading. Buying BNB, BTC and ETH and then forgetting about it is the best way to save energy and prioritize our health above all else. It's useless if we are rich but don't feel healthy, and it's useless if we are not rich.
Start making a schedule so that your life can be more organized for a balance of work and rest.
2490  Alternate cryptocurrencies / Altcoin Discussion / Re: 0.05 Ether tx fee, is ethereum going mad? on: May 12, 2021, 09:50:17 AM
...but that spike of ETH to over 4k$ created a lot of network traffic again i guess.

The high price of Ethereum is because many people are staking ETH 2.0 to welcome Ethereum even better, so they buy large quantities of Ether. We all understand that transacting at Uniswap for now has seriously disrupted our economy as Ethereum users, that means that instead of spending our energy and money on gambling now, we better invest more and stake Ethereum 2.0 which is more certain. bring big profits at launch.
2491  Bitcoin / Bitcoin Discussion / Re: Where do you store your seed? on: May 12, 2021, 09:44:08 AM
There are several places that I use to store this valuable treasure, because it relates to digital assets that I have on the Internet and also includes cryptocurrency in it.
1. Letter of inheritance
I recorded them in a note containing my inheritance and were only opened when I died. I wrote my surname on the cover so everyone would know that it is an asset that belongs to my family.
On the first page I wrote to keep some contents secret from public consumption, with the aim that some sensitive data such as seed keys are not too exposed to extreme.
2. Cloud
This is stupid stuff that you should avoid, but you still need this way to safeguard your important data in case something terrible happens to your place of residence.
For now I entrust cloud services to Apple and Google, where I store the data with an additional layer of passwords. In order to strengthen the security of my seed key from public reach.
2492  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or Bitcoin which is best. on: May 12, 2021, 09:37:38 AM
Use Bitcoin to increase the number of your portfolio in digital wallets and also use Ethereum for those of you who want to do cryptocurrency business and make more money by investing in Ethereum's blockchain-based tokens.
These two coins obviously cannot be compared for function parameters, but can be compared for price speculation parameters, which Bitcoin is safer than Ethereum. With high volatility Ethereum can generate bigger profits for its holders, but it can also destroy the owner's assets quickly.
2493  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Elon Musk's goal with Dogecoin? on: May 12, 2021, 09:34:22 AM
Who knows, Elon not only has the power to attract even more money, but he also has the power to change the existing system of cryptocurrency if he really wants to. But this is very dangerous if this happens, where the cryptocurrency community will no longer feel the pleasure of fighting with the strength of the community. We still really understand that the age of cryptocurrency is still very young, so its volatility is still very easily influenced by public figures who can easily manipulate news or create news to manipulate prices.
It's a sign that we are all still very confused and are still asking for opinions and suggestions from important people in the world regarding the question "Should I buy cryptocurrency or not?"
If the response of the richest figure in the world says, "Yes" then you will buy it, if he says "No" then you will sell it, Unless you are people who really dare to go against the flow
2494  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB will remain valuable for a long time on: May 11, 2021, 11:05:34 PM
If you think BNB will continue to be valuable because BNB has solved the problem of transaction speed and fees then my question to you is "what if eth (erc20) has recovered from the transaction speed and fees" ?? is bnb still valuable because many people will come back to using erc20 ?? because in my opinion BNB is a potential altcoin that has good and sustainable growth and development. There is a renewal of the system built by BNB so that BNB has a high value.

Judging from the speed of project development, if we compare BNB and ETH, it is clear that BNB is superior and also faster than ETH after the project was launched. In the future, we will also understand that Fee is no longer a problem for all users of the Ethereum network, but here Binance is a big platform that has the potential to become a new trendsetter in the cryptocurrency world. Even though it is centralized, so far Binance has done everything very well and neatly, so that it has managed to dominate the cryptocurrency exchange market and become the # 3 coin on the coinmarketcap in just 4 years since its first ICO.
There is nothing to doubt if you are planning a long-term investment in BNB
2495  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: May 11, 2021, 10:50:18 PM
The Delegation mining feature has been around for a few epochs, but I just tried it today.
Does activating Delegation mining carry a bad risk such as the possibility of losing a stake or locked balance for a Newbie account? This notification appeared when I started to shift the Delegation button to active mode, so what should be avoided so that we can still get maximum income from IDENA mining?
2496  Economy / Exchanges / Re: Coinbase price difference while buying BTC.. on: May 10, 2021, 10:10:33 PM
I don't use Coinbase, but a little of my experience as an INDODAX user has also experienced the same thing, where when the BTC price was at $ 56000 (for example) usually the Bitcoin price in INDODAX was different from other big exchangers like Binance, Bitmex, KuCoin and other top exchangers. Prices at INDODAX are around 1% -3% higher than the prevailing prices at large exchangers.

This is probably because INDODAX is used by most Indonesians in buying and selling Bitcoin, the spread can be so far because the demand for Indonesians is bigger and denser, so it cannot control prices because the balance of trading volume and the number of people in need is not fulfilled. Maybe the Coinbase case is also like what I experienced this.
2497  Alternate cryptocurrencies / Altcoin Discussion / Re: It is not easy to make money in cryptocurrency on: May 10, 2021, 10:04:30 PM
As far as this discussion has gone, they have all discussed Bounty and Airdrop, which is an investment of energy and time, not money. I'm not sure if most of the people discussing here are actually investing and taking a bigger risk than looking for free tokens by doing a small task. There is nothing wrong with hunting for luck here, but when you don't get something valuable, make it a valuable lesson, which is better than complaining and crying.

Everyone's expectations must be lowered below the standard in order to enjoy playing in the world of cryptocurrency, whether it's paid or free, there is always a risk that must be ready to be accepted. If someone does not want to accept the risk from his part of the business, it is better to leave now and start working for the company to get a monthly salary without having to think about the risk again.
2498  Bitcoin / Bitcoin Discussion / Re: I'm now all in BTC. All eggs in one basket! on: May 10, 2021, 03:18:15 PM
You are asking for our plan, on what exactly? Holding bitcoin and some altcoin will not be considered a stupid move or take and also all into bitcoin will not be considered risky too It all depends on whatsoever you believe will yield more profit at the long run

he is proud of his achievement because Bitcoin is really going crazy right now, even beyond human common sense. He dared to tell this story because he enjoyed the profit, whereas we don't.

Your investment model is indeed profitable, but it will be even more profitable if you own DOGE in the same year and sell it now.

You can make two baskets if you want to have a bigger profit than you are proud of.
2499  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coin that lowset transaction Fee ? on: May 10, 2021, 03:14:24 PM
BUSD is the best answer, although not the cheapest, but stable tokens that stand on the BSC network which already has a large enough community can make us safer to store our assets in a stable form, especially Binance Exchanger users.

It will take some more time for BUSD to be massively adopted by several exchanger platforms or several agencies. It all depends on the growth of the BNB user community.

If you are looking for the cheapest, USDT on the blockchain owned by TRON (TRC20) can be a reference for the option of storing assets with low fees.
2500  Alternate cryptocurrencies / Altcoin Discussion / Re: it's hard to sleep because of thinking about something on: May 10, 2021, 03:06:48 PM
Change your mindset about profit in this cryptocurrency world, where you are looking for money for health reasons, not for fun. When you spend too much time managing your cryptocurrency assets, you won't have time to rest completely. Be careful, excessive stress can cause several diseases and can make your health more susceptible to disease.

That's the strongest reason why I don't like trading in such a short time, it looks promising with big profits but consumes energy that I could actually use for other productive things.
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