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261  Alternate cryptocurrencies / Altcoin Discussion / Re: VeChain's Blockchain Set to Reform The Supply Chain? on: May 21, 2024, 03:57:06 PM
This is the first time I am seeing this and the  VeChain was launched 2015  by Sunny Lu, and started trading in the year 2017. And the Proof of Authority, which is the version was upgraded to PoA 2.0 in November 2022. https://docs.vechain.org/ and this is the correct price rate of the token $0.03662712. That is the research I made.

Op all those logistics and Blockchain technology solutions and promises are not new again. There are some projects would come to the ecosystem and promised up and down saying it is created to buy things online and till today I have not seen any coin that implemented that PoW. Therefore VeChain will not be the first or the last. Finally they would all end up in investment. And I don't think it will change any game here instead it will follow up like others.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: Polygon (MATIC) price prediction: Is MATIC the best investment option for 2024 ? on: May 21, 2024, 03:34:42 PM
We can't just say MATIC is the best option to invest in the year 2024 but in general 2024 is a good year for all the cryptocurrency so if you want to invest so you can select the ones you know that will give you good results as the end of the year. This year and early next will be very good for the cryptocurrency market. I don't know the price of
 Polygon the MATIC was but in this year this is what it is $0.7491, lol, that is a transaction fee for bitcoin now  it that is not withstanding.

The token in discussed will not hit $1 in this year because the movement is very slow but it might reach $1 in the next bull run.
263  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoins to invest right now on: May 21, 2024, 03:19:20 PM
Literally everyone will want to know best alts right now to invest as bitcoin crossed $70K again giving some bull vibes. On top of that ethereum too doing so good. Is it ETH time to shine? It hasn't touched its ATH since last bull run so maybe its time for it to go above ATH. But we have to invest in low capped coins with huge potential taking some risk for high percentage of profit.
Yesterday bitcoin has hit $71+k again and that means in this year bitcoin has reached All Time High three times this year and Ethereum has reached it all time high once in this year by hitting $4k. And for bitcoin we are now in another bull run and this time Ethereum is also following and that means it might also hit another all time high again. And now that Ethereum is trying to increase in price, it is the best time to invest in it again so that when it it the All Time High then you make your profit from the investment.

One can invest in another lower price or cheaper tokens but when they hit their bull run? Because you can't just invest in a coin and their is no hope for a very long time to come
264  Alternate cryptocurrencies / Altcoin Discussion / Re: Diversify memecoin investments? on: May 21, 2024, 03:06:26 PM
I would choose brand new coins that have the potential to do 10x, of course, that's a high-risk investment but hey, high risk high reward. Since we are talking about memecoins, we are launching a special memecoin tomorrow to celebrate Bitcoin Pizza Day here is our twitter: https://x.com/PizzaDayToken
Investing in new coin? Because of a big reward? I will not dishearten you to invest in those token since they are you preferred coins to invest. But even at that you need to know more about the token, how it came to be and if possible know the founder of the project and more things to know and not just investing in it because it has big reward. Many people saying this because of what to Notcoin. Some are saying that since they have missed out from Notcoin, they will invest in anything investable.

And that is where many people will be scam. Because once the scammers see that people are eager to invest in any cryptocurrency project then they will create their nonsense tokens that do not exist in anywhere to scam people. And with this pressure I am seeing, people will fall for those projects.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: Wich altcoin has that similar to btc ? on: May 20, 2024, 09:24:09 PM
don't think there is currently a single coin that is exactly like Bitcoin, but I think ethereum could be a substitute for Bitcoin for investment, because ethereum has very good prospects for investment in the future, the proof is from the past until now ethereum always in second place next to bitcoin,
I also think Ethereum is only the second cryptocurrency in the ecosystem and not having the the same characteristics of bitcoin and if you look well Monero have some elements of bitcoin so as I have said before I will recommend Monero to the Op to check out if it has the similar PoS then he should use it and if the Ethereum you and some users here mentioned is god then he has to follow it.

And Op  can only use a crypto project that has some similar features with bitcoin and not exactly with bitcoin PoS.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling BTC for Alt Coins? on: May 20, 2024, 09:18:32 PM
Its only good to sell btc for alts, if you're super confident that will gonna make your investment double or even triple. For that you gave to be super cautious and speculative understanding market sentiments.But for long term holding btc is good. BTC value is directly proportional to time till now. Alts are good too but they are short termed.
That's what I said in one of the thread here. If you are selling Bitcoin foe any altcoin then you have to know the in and out of the token so that when you invest in it you won't say I did a mistake. Not only confidence foe the project but also knowing the movement of the coin, if really the coin is moving upward even though when it comes down a little bit, it will still go up again. And know the causes of the upward and the downward of the project. And if you can't detect all that then stay on the bitcoin investment that you are and not to sell bitcoin for another coin but you can sell another foe bitcoin.

When Ethereum came down it has not climbed to or close to his all time high foe about 4 months now. But bitcoin only today has hit $68k and there is hope to hit the $70k at anytime soon. All those altcoins are just to invest if you like to store your coins foe a long time. I don't think short term is good for altcoins though depends on the project and the movement of the token in the market.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: Swap crypto or sell first then buy? on: May 20, 2024, 09:02:43 PM
Not a good plan, most people have done this and in the end they would have done better if they held the first coins, the thing is it's not easy to find gems.

...stop jumping from one to another project.

Exactly It is not idea to sell one coin and invest in a lower project, that calculation might run at lost because the risky there very high. You have been investing in a particular token or coin and the coin has declined or reduce in price and you just like to invest in another coin that is more lower than the present coin you are investing so that you will gain more, hey mate, experienced is the best teacher, I have done that and I don't think I will advise someone to do that again because you will lose the more.

I sold some of the percentage of Bitcoin to invest in Ethereum and I can see the loss I made from the investment. I invested in Ethereum when the price was $3,658 and that is about 4 month now and till now the price has not reached $3,400 and I have sold 20% of the investment as lost price. Jumping from one coin to another is very dangerous. You can lost everything in the process.
268  Alternate cryptocurrencies / Altcoin Discussion / Re: Who's responsible for the dead coins? on: May 20, 2024, 08:46:06 PM
In case of dead coins, it means there is zero demand for them, as no one is interested anymore. Then you can blame the developers for launching and offering something so useless that nobody is interested on it.
And add it to what you have said, there are also some factors involved in the dead of a coin and they, the developers are not truthful and they are scammers. And once people notice that the developers are scammers then nobody will be interested to invest in that project because the fear is they will be scammed and for that nobody will have that interest to invest in the project and if anyone invest in it others will discourage him.

Then another thing that can make a project to die is the Market Cap and the value of the project. If the market cap is not good enough, people will not even look into it and the community support/the population of the project also determined the crowd of investors attracted to the project. Example, NOTcoin is one of the popular token in the cryptocurrency market.
269  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still to Invest into meme coins? on: May 20, 2024, 07:16:55 PM
from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not
Don’t ask us, decide for yourself.

When you find interest in a particular coin, whether that is memecoin or something else, it would be best to check a few things: first obviously the team behind it, the white paper and its socials which includes websites as well.

These are usually the first ones that you check because these are the ones that tell you the most about the project. If red flag arises in one of these parts, then you might consider pausing on that investment.
Exactly personal research is the best to know if the memecoin is legit or not and one of thing you have to know a genuine project to invest in and not to know from the general public is to know the best memecoins is to know the community support of the memecoin, and it popularity. And the kind of wallet the memecoin is using if it has non on it own.

And those memecoins in the Solana network were the ones disturbing the network and yet the developers could not deal with them to remove them instead allowing them to infect the network to make it congested and really I was wondering both Ethereum and Solana were congested at the same period when their populations were not even to the population of bitcoin.

Even at the time when the congestion was very high, many people left them yet it was still remained the same and not only for weeks but months. Investing in memecoins need caution and research so that you won't be scammed and disappointed.
270  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the good days for meme coins gone forever ? on: May 20, 2024, 04:33:09 PM
Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
I don't want to say that meme coins are bad but their behavior is not understandable. There are several memes which have good market cap compared to other altcoins which gives investors a lot of profit but price volatility makes them puzzle with right investment timing. I took some meme and was in some profit sharing and holding position. But it seems to me that most meme coins are made for gamblers and are suitable for short term investments.
I agree with you my guy. Investing in memecoins is like playing puzzle games, you don't know if you will win or matched the letters. And now the motivation people have in investing in memecoins or tokens is because of the recent launched of Notcoin and those who mined or bought before it was launched made good profit from the coin and because of that people are mining any token that came to the cryptocurrency ecosystem market. Memecoins behaviors are not clear. Some of them were listed in exchanges and increased in price and few months or years later they would die down.

And if your were not smart enough and removed your coins from the exchange or wallet then your coins would burned and you lost everything. And investing memecoins in a short term is another dangerous movement because you don't know if it will rise again. Those we heard people testimonies that they invested in memecoins in the past and for the FOMO made them to sell it in a short term and later years the coin became popular and done well and increased in price very well and they regretted for selling their coins coins in the early stage.
271  Alternate cryptocurrencies / Altcoin Discussion / Re: Kraken considers dropping USDT in Europe ahead of new regulations on: May 20, 2024, 04:09:20 PM
Snip
I finally downloaded the app because I was looking for a good centralized exchanges to trade because of the exchanges in the country has stopped or delisted the country p2p from their platforms base on the government directive. And when I download the Kraken exchange app from play store, I registered it and everything went well except the verification process. I was having issues with that stage and I left it for another day to complete that stage.or level, but when I checked it today. It logged me out and I tried to login again but incorrect password.

So I got angry and delete the app from the device.
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest Only In a Coin that Increase in Value in this Bull Run. on: May 20, 2024, 03:47:09 PM
What I don't understand is the bull season is caused by Bitcoin halving, so why do people are looking to invest in other projects when it's clear Bitcoin is the coin that the price will increase? Huh this applies to Litecoin halving, people should buy Litecoin, Ethereum upgraded to Ethereum 2.0, people should buy Ethereum.
Most people believe in diversification and that is why they buying other coins after the halving. And another thing I also think of is the All Time High before the halving. Bitcoin hit 73k$ before the halving and the prediction was bitcoin would faced some elements of bearish before and the halving period but the opposite was the case and after the halving the price of bitcoin started to decline and that made many people to started to invest in other altcoins thinking that they would do well in the market but irony was the case again.

It's a bad advice to rely your financial thing with other people, they will not be responsible with their false predictions.
In cryptocurrency we rely on prediction and in the process of the observation, there are some prediction become false while some are accurate. We can't neglect prediction in the cryptocurrency market.
273  Alternate cryptocurrencies / Altcoin Discussion / Re: Wich altcoin has that similar to btc ? on: May 20, 2024, 03:29:55 PM
POS coins have different concepts so it would be hard to find any POS with Bitcoin similarities but if you are looking for known POS coins then check Ethereum and Solana.

If you are not satisfied with these two and you still looking for more check other POS coins under this link below.

- https://www.okx.com/learn/best-proof-of-stake-coins

The link you provide is not opening. The PoS of Ethereum and Solana might have some similarities but the Op is trying to know looking for a coin that have similar limited supply of coins like bitcoin and I don't think anyone or cryptocurrency has that supply limit like bitcoin. The mechanism to verify new transaction in their blockchains.

And if I will recommend anyone which has closed relationship with bitcoin in term of PoS then I will recommend Monero.
274  Alternate cryptocurrencies / Altcoin Discussion / Re: Another Dog🐕 themed memecoin LAIKA looks set to dominate.. on: May 20, 2024, 03:12:23 PM
Dominate!!

Lol! No! This is a copycat coin with no real value proposition. These meme coins are good for a short term trading sessions and then it dies. In the meantime, the creator of the coin makes millions and pull out from the market. That's the fate of 99% of the memecoins and I see no difference in Laika.

if you would like to trade and make money, probably you can give it a try. But it's not worth keeping in your wallet for a future appreciation!
Well I am not too familiar with the token so I can't say many things about the token. This is the first time I am seeing and hearing this Laika token but that not withstanding because people like to invest or mine new project because once it listed in any exchange the investors would make good money from them. And recently the rate of new memecoins coming into the cryptocurrency world s getting much and from the creation of cryptocurrency in 2009 to date, this year will record the highest number of memecoins creation.

Only today I have heard of three memecoins. Laika Hamster Kombat and Tapswap and more are still coming. And the mining of those airdrops are very high. And really any token that doesn't have a community reorganization then it is not worth more mining or investing.
275  Local / Politics and society (Naija) / Re: Waiting go happen to our money? crypto currency dey face trouble for Nigeria. on: May 18, 2024, 11:09:51 PM
Op di way I see you, I don't know sha but you never really understand cryptocurrency most bitcoin. Nigerian government fighting with exchanges has nothing to do with our money or our bitcoins unless you dey keep your money for exchange before. As I don tok before exchange na to trade p2p and not to keep coins. And the best place to keep coins na Electrum wallet or any other self custodial wallet. If you store coins in self custodial wallet then di matter di federal government dey fight with exchanges and if dem like let stop all the exchanges in di country e no go even shale you sef.

So make una no fear and di thing wey una go do be say make una dey keep coins in self custodial wallets and not exchange but when you want to sell then you can transfer to the exchange and sell them.
276  Local / Nigeria (Naija) / Re: When will you start losing trust for an exchange? on: May 18, 2024, 10:15:29 PM
There is no trust in any centralized exchanges because anything can happen at anytime. And that is why there a saying in the forum " ot you key and not you bitcoin". Meaning you don't have a control over your coins in the exchange. The owner of the exchange can lock or freeze your coins at anytime. Therefore don't keep you coins in the exchange for a long time because you might lose your coin. And you can see what is happening in the country . If to say di exchanges stopped their operation straight as federal government dey worry them many people for loss coins well well but na only the p2p dem dey delist and you can send them to another Wallets.

Me I no trust any exchange and exchange na to buy or sell immediately as I send di coins to the platform and I ko dey keep there for a long time. One of my neighbor e don lost 0.05858 bitcoin in exchange. Dem freeze di coins and di site stopped working, the app w no dey open again and they removed it from play store na so him lost everything. So I no dey advise anyone to keep for exchange. Always use self custodial wallets to store your coins.
277  Economy / Speculation / Re: BTC 2030 Assumptions on: May 18, 2024, 09:42:41 PM
The main assumption of bitcoin now in this season is $100k or $150k and the next bull market is predicted by $300k to $400k. But within the range of 300 to 400 So those who will endure to hodle their coins till that time then they will become millionaires and billionaires. But to Hodle coins till that time will not be easy task to deal with. And by then the network might be overloaded with Ordinals so the congestion might be the problem for investors and traders.

And since the price will rise to that amount then it is good to accumulate enough from now till the time of the 2030.
278  Economy / Speculation / Re: Road to 100k? on: May 18, 2024, 09:33:49 PM
It's like this third rising of bitcoin is the one that will hit the $100k people are predicting. Now the movement of bitcoin is in good shape again and those who bought when the price was $56k last month are doing well now. And from your question I will say yes bitcoin might hit $100k but it will not be straight to the $100k because they would be some breaks in the process and we have experienced those breaks for some months now and not the price is going up again and in the month of September to December, bitcoin price will surprise Many people in the world.

The price will go more than the $100k predicted price.
279  Economy / Economics / Re: This Will make you rich on: May 18, 2024, 09:25:05 PM
 
If you really want to become a wealthy person, you don’t have to depend completely on crypto because it only makes you rich and can still make you broke in some cases. If you really want wealth, what you will consider is various and different ways to invest and make a higher profit. That can’t work without a higher capacity for decision-making and the ability to analyse and investigate a project or investment before you dive into it. 

Becoming wealthy is not as easy as it’s called; you have to deal with lots of ups and downs, and it requires more time than you will ever think of. From the name wealth, you know that it comprises a lot, but if it is just to get rich or be able to achieve some of your needs, that will be very simple because it is just a small effort, but when they should be compared to wealth, the effort will be like 1/8 just to get rich, which means the effort you need to get rich is not even up to a quarter compared to the effort you need to be wealthy. 
One thing we have to know is that there is that there is different between a rich man and a wealthy man and I don't think only cryptocurrency can make someone to become wealthy but it can make someone to become rich. And those who are wealthy are not doing cryptocurrency investment only but have other businesses and using those businesses to support the cryptocurrency investment. And that was way I have been saying time without number i even created a thread in my local board for this that when you invest in cryptocurrency, do another business to support the investment so that the investment won't collapse again.

The world wealthy man ( Elon Musk) is a business tycoon and he invest in bitcoin a another cryptocurrency very well. Hard is needed to become a wealthy person. And before you become a wealthy person you and to start with a rich man then to wealthy through hardworking.
280  Economy / Economics / Re: Wealth is energy as everything else is just energy on: May 18, 2024, 09:15:06 PM
Your content is lengthy and very hard to read because it also looks like AI generated content because it is very long and will be difficult for people to read and comprehend.
It is advisable to always summarize your content before posting so that you will get good response from the community and also you can be able to interact with other users.
AI generated texts are grammatically and structurally obsessed. It’s laced with correct punctuation marks and paragraph spacing. Meanwhile this one has no space at all. Even if you are talking about something important or interesting, no one’s going to read all of that if it is just one block of text.

Just space it out properly and it will look so much better. You could also just limit your words so it’s concise and informative.
Frankly speaking I can't read everything over there. That is a bulk of energy writing. And from the first paragraph of the thread I want to tell the op that energy is not everything but knowledge and wisdom must be use to acquire or to achieve your goals. I didn't check if it is Al manipulated text and according to some experts in the forum for AI detection, when the personal pronoun is used (I) then it is not necessary from AI again but might be edited work. And I think this is not an AI text because when I read some part of the text, the grammars are not from standard English. There are some sentences that I don't even understand.

And all what Op is saying is Energy is everything man needed to acquire wealth. That generation has passed and this new generation is skill, and knowledge.
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