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2561  Alternate cryptocurrencies / Altcoin Discussion / Re: Fake Tokens on: July 20, 2021, 05:39:30 AM
Erc20 token has its own smart contract address that you can identify with, for someone to use a fake token they need to take control of the game you created and if they happen to have that control then it safe to say that it isnt your game anymore.
You gonna be fine and thats reason why many projects recommend to take a look at the smart contract address to see whether its correct for precaution.
2562  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: July 20, 2021, 04:56:27 AM
Its BNB, you see its use case and how wide it already adopted among people is already enough for it to be able to compete with  ethereum, many people keep saying that BNB is rather centralized but when we have something like defi and blockchain based games I doubt many people gonna care about that. But im pretty sure in the future there gonna be another disruptive coins that could turn the market upside down.
2563  Economy / Trading Discussion / Re: trading needs consistent attention and full concentration on: July 20, 2021, 04:17:32 AM
Ofcourse it is, the fact that you acknowledges that trading could be really profitable could also means that trading could cause a big loss as well, remember that the profit or losses we score depends on ourselves and market decision.
People should know that trading which are short term  usually requires dedication like a fulltime job to make profit.
2564  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Baby Doge? on: July 19, 2021, 08:03:24 AM
Might become the next shiba inu but as you know meme coin is a highly speculative coins and generally not recommended for investment, its more or less the same as gambling and isnt really recommended not to mention its growth mainly coming from elons tweet as well.
Meme coins is all about what feature it has as gimmick like swap etc , you can pretty much make judgment on your own.
2565  Alternate cryptocurrencies / Altcoin Discussion / Re: Dissapointments of the creation of the thousands of failed altcoins. on: July 19, 2021, 07:42:16 AM
Its just the same as creating company, making altcoin is also essentially making company and not all of them gonna succeed make them millionaire very fast. Theres tears and blood in every success of a project so if you are an investor expect the project to run not as smooth as you imagined as there is always something need to be tackled. And to be honest its like common sense in investment, i think why people gets disappointed because many of them putting too much expectation after seeing the crazy bull run that has happened and turns out its not as what they have imagined
2566  Alternate cryptocurrencies / Altcoin Discussion / Re: am i the only one expecting the market to be worse than this? on: July 19, 2021, 07:11:35 AM
Even if the market turns out to be the worse, seeing all the hype rrvolving around us regarding nft, defi etc obly show a sign that this market is not gonna go anywhere, you can say the market could go down so much as you predicted hut there eventually be a time where we see green in the market and recovers its price back to near ATH again. But anything could happen in crypto, more or less same with stocks.
2567  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk made tweet about animal coin again. Time to buy doge and Shiba Inu? on: July 19, 2021, 06:36:34 AM
Don't be easily influenced by Elon Musk's tweets, what happened some time ago is at least an experience for all of us, Elon Musk may return to playing the market and looking for profits to enrich himself. Don't be easily provoked by his invitation.
Right. Theres always some little reason behind elon's tweet. As I can see we dont know what hes planning but maybe hes just making the market hype, who knows if elon himself also created some meme coins in his leisure time and trying to get the market worked up for that. This kind of speculation just msde from tweet could ve very harmful to our financial condition, just a warning.
2568  Alternate cryptocurrencies / Altcoin Discussion / Re: Lesson from bear market on: July 19, 2021, 06:29:19 AM
The market is extremely volatile in a bear market. This fluctuation has also brought us great losses. However, we can firmly hold the valuable mainstream currency.

I think its usually the mainstream currency that gets demolished easily when the bearish come, some alt with lower market cap still keep its value pretty well but also some other altcoins that are getting impacted so hard.
Just see how BTC could affect literally 5 coins below it from the market movement. I will prefer diversifying my portfolio to some smaller coins as well like NFT coins.
2569  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] ETNA.NETWORK - Top lending platform up to 50% APY ! on: July 15, 2021, 01:42:20 AM
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2570  Alternate cryptocurrencies / Altcoin Discussion / Re: Why women are the minority in crypto land? on: July 03, 2021, 05:39:28 AM
there's no real data that shows how much percent of crypto users actually a female and if there's any, does that cover the entire world though? so can't really say that they are minority however, it's just same like other male dominated jobs because male more interested in it than female but I guess there's also many other reasons and factors as well.
but frankly speaking, very few people actually cares about gender in crypto spaces, so this kind of thing not gonna be a problem in the future, everyone, male or female are free to do whatever they want in crypto space.
2571  Alternate cryptocurrencies / Altcoin Discussion / Re: Celsius CEO says BTC price will go to $160,000 this year, what will happen then? on: July 03, 2021, 12:49:57 AM
Altcoins could either be plummeted or instead gets pumped alongside with BTC if succesfully build the hype again, I mean, altcoins is nothing taboo anymore, almost everyone that invests to BTC also invest to altcoins to increase profit and diversify portfolio
I'm pretty sure no harm will go to alt if BTC price go that high if the market capitalization increases due to inflow of capital from outside, and I think $160000 is not unrealistic target, if not for the recents massive fud we probably could've hit above $80K by today.
2572  Alternate cryptocurrencies / Altcoin Discussion / Re: At what point do we confirm the long term aspect of a project is guaranteed? on: July 02, 2021, 04:55:19 AM
Erase the term 'guaranteed' from your mind when you dealing with crypto projects even BTC, there is nothing to fall back on if things go side ways, there is no one to take responsibility that's why crypto have zero guarantee, and again crypto isn't a 100% store of value because of volatility
Even in stocks there's no guarantee as well, the company could go down very fast and that is a market which regulated heavily unlike crypto.
so don't expect too much like a project being guaranteed in crypto but tbh if the project is invested heavily by some institutional investors then it usually opens up the possibility of the project getting sued by that institutional investors so making the project a little bit guaranteed to not do a rugpull or some similar thing.
2573  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about NFTs? on: July 02, 2021, 04:26:13 AM
^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?

Do you have any overall thoughts or even any NFT projects you like? lmk
Non frangible Tokens (NFTs) the most important things in cryptocurrencies market. It's a sticker based assets which have value. It's a good art with popular celebrities.
It's not only limited to that, NFT is actually covers very wide market, the fact that NFT can be utilized for various sectors due to its capability of generating token with unique attributes and that could be taken advantage of by many platforms such as gaming
so it's not only limited to art, also software licensing, and many more. It's very useful actually, also can be used for government data, etc but maybe only works in goviernment owned blockchain.
2574  Alternate cryptocurrencies / Altcoin Discussion / Re: Do whales manipulate the market? on: July 01, 2021, 05:59:17 AM
We all know that this market has always been, the price and control of it from the whales is undeniable. Maybe with the current cap we can be happy that it is a lot different from before, but to be honest it is still very small compared to other markets.
Most of whales are targeting the market by affecting it from retailers' psychology such as spreading fud and that could very well affect the market despite the ever growing market capitalization.
Moreover if they succesfully making people in state of fear, the panic seller could be a lot bigger since as you know, the recent bullrun has attracted many new comers and whether the market manipulation is rather small compared to other market
we don't know but the thing is, a lot of crypto market are unregulated ones. which can be good and bad.
2575  Alternate cryptocurrencies / Altcoin Discussion / Re: What happen if US ban cryptocurrencies? on: July 01, 2021, 03:51:55 AM
So many crypto based companies in there from the large ones to the smaller ones so the chance maybe is rather slim but if they do the effect will be devastating, large portion of market cap or btc holders coming from the US and if that happens that means
we gonna lost those capitals making the market have less liquidity and probably getting dumped hard as well since there gonna be major sell off. but definitely not gonna put cryptocurrency to death, it will still exist and have value.
2576  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about NFTs? on: June 30, 2021, 08:25:51 AM
^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?


I think NFTs are the best strategy for money laundering nowadays... For me is nonsense to see someone spending a huge amount of money on a digital piece of art, but is a nice way to justify a transaction... so if someone buys drugs or weapons on the internet they can justify the big amount of money with this technology and under the water send the package.

This is the only way NFTs have a sense for me. There is not other way to justify why will someone spend a big amount of money on a PNG or a JPG.
NFT is not just an art, infact art isn't the only thing that made up NFT market nowadays, and tbh those overblown art are indeed seems like money laundering or just trying to gain fame done by the buyers but NFT could be very promising like
giving a way for musician to sell license through NFT, etc. Not to mention that the thing you mentioned isn't just a JPG picture where everyone could get from internet, it's the right of ownership that make the art NFT could sells so high.
2577  Alternate cryptocurrencies / Altcoin Discussion / Re: What happened to libra coins on: June 30, 2021, 02:04:02 AM
It sparks a lot of issue from the regulatory side, so many people opposes it and what I mean by people including politican and government higher ups maybe because it's coming from facebook and that could somehow shake the monetary system but we don't know for sure what's really holding it back meanwhile service like paypal accepting crypto just fine, maybe it has something to do with the concept of the libra project that probably deemed to be rather fishy or what, idk.
2578  Alternate cryptocurrencies / Altcoin Discussion / Re: How Does DeFi Lending and Borrowing Work? on: June 29, 2021, 07:21:13 AM
Defi lending is just allowing you to borrow while your assed gonna be used as a collateral, it's just the same as lending in real world, except it's done automatically with code instead of needing human intervention.
But what blows my mind is the flash loan, which essentially allowing someone to borrow millions of dollar without collateral, to literally anyone, but there's special requirement why that could be done and why that's not gonna make the platform goes bankrupt.
2579  Alternate cryptocurrencies / Altcoin Discussion / Re: My opinion on Ethereum 2.0 on: June 29, 2021, 04:43:07 AM
You can always join validator pool where they gather the amounts of ETH staked from many individuals, so basically the saying of someone need to have 32ETH to become a validator is invalid,
and POS in a nutshell is just making the blockchain simpler in terms of being validator and less energy consumption at the expense of security, there's many discussion about the security factor that holds back many old coins from switching to PoS.
Freezing of ETH is unavoidable unless the pool could offer some kind of contract that allows anyone to cash out like anytime with some charged fee, that way it's sustainable for the pool provider.
2580  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB has tokens for each Altcoin on: June 29, 2021, 02:55:25 AM
It's just wrapped token so you can interact with most of smart contract using these tokens but it really pegged to the real coin,
for example, if you want to swap BEP20 token to altcoin like litecoin, since it's not available in BSC you usually need to go to cex and exchange there and that's the only way you can get that, but with these wrapped tokens, you can use for example pancakeswap to get wrapped litecoin tokens that represents the real token.
nothing new and it's not even strategy, it's just a way to give more capability to trade other blockchain coins for dex or defi users in their blockchain.
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