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261  Alternate cryptocurrencies / Altcoin Discussion / Re: Free transactions: What's the catch? on: April 10, 2021, 09:18:02 AM
It's just that the transaction costs on the above blockchains are low in value and at a level that people think is close to zero. Beneficiaries are nodes that confirm transactions.
However, the point I don't like about the blockchains above is that the transaction cost is fixed (based on the coin unit, for example, EOS is 0.1) and it cannot decrease or stabilize when the value of that cryptocurrency. increase.
262  Economy / Economics / Re: Investment the way to economic stability on: April 10, 2021, 09:04:35 AM
My parents have always advised me to spend some of my income on gold or try to buy myself real estate. I ignored such advice and became flustered when my work wasn't as smooth as it used to be. Unlike me, my brother already owns several low-value properties but their value is steadily increasing over time.
I am reconsidering my life and trying to save money for a long-term investment with crypto. Hope my choice is correct.
263  Bitcoin / Bitcoin Discussion / Re: Chinese Secret Bitcoin farm covered by Sky News on: April 10, 2021, 08:59:53 AM
Aren't there farms in China that are government backed? I feel bad for this guy hiding his farm because the government wants to take all the profits for themselves. Hopefully that he won't get caught but considering that this is China, I don't think that his bitcoin farm will be compromised sooner or later.
There are many Bitcoin mining farms in China and it exists near large hydroelectricity. China constantly rejects cryptocurrencies while actively mining Bitcoin and Ethereum. I think the majority of the Bitcoin in the world has been silently bought by the Chinese. I've also heard that giving bribes to officials with Bitcoin has been around for a long time.
264  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB vẫn bị đánh giá thấp on: April 10, 2021, 08:55:01 AM
Although Binance has similar features to Ethereum, it will be difficult to compete with Ethereum because of many different factors.
Many projects have grown on Ethereum for a long time and bring great value. Binance is a new chain and they just created the Binance smart chain recently. Projects on Binance are mainly DEFI.
Ethereum is more decentralized because of its mechanism of validation by miners, Binance is not.
Binance is new and has not had many breakthroughs in technology. Binance's market cap is at a high level.
Indeed, the technology and age of Binance are still quite low in crypto but with its symbolism as one of the strongest crypto exchanges, it has greatly enhanced the value of BNB, even many have tried to put it on par with ethereum but overall the effort is lacking, the present value is already relatively reasonable. Wanting to move towards greater competition in position and get more approval from the community, BNB needs to do more about technology and revolution, compensating for the lack of birth too late.
CZ is the owner of the Binance exchange and he has the authority to create value for his coin. I don't want to say he's a fearsome manipulator but he is losing the clarity of the crypto market. The coins that Binance invests in have increased in value several times in recent times with amazing increases. I prefer things that grow naturally rather than over manipulation, over-exaggeration.
265  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB still undervalue on: April 09, 2021, 03:44:23 PM
Although Binance has similar features to Ethereum, it will be difficult to compete with Ethereum because of many different factors.
Many projects have grown on Ethereum for a long time and bring great value. Binance is a new chain and they just created the Binance smart chain recently. Projects on Binance are mainly DEFI.
Ethereum is more decentralized because of its mechanism of validation by miners, Binance is not.
Binance is new and has not had many breakthroughs in technology. Binance's market cap is at a high level.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: The difference between altcoins and Bitcoin on: April 09, 2021, 01:41:09 PM
There are many differences that I can list such as the formation mechanism, the history of the Bitcoin, the larger Bitcoin community than the altcoin, the influence, the popularity of the market, the technology factor Bitcoin is older than most altcoins ...
What I see as the most difference between altcoins and Bitcoin is that Bitcoin's huge cap and Bitcoin's influence on all altcoins.
If we pay attention to when Bitcoin falls in value over the long term, there is hardly a single altcoin that can increase in value.
267  Economy / Speculation / Re: Giá bitcoin có thể sớm tăng on: April 08, 2021, 05:18:56 PM
There are many reasons for Bitcoin to rise in price right now. Institutions, investment funds and banks have joined cryptocurrencies. Minner switched from selling the Bitcoins they mined to holding. The corrective waves are over and Bitcoin is bouncing quickly. I think Bitcoin's next target will be 70k and continue to move up to $ 100k by the end of the year.
That's right in which there are so many big companies and big people especially those famous people who invested in bitcoin and we can also conclude that these investments become one of the major factors why the bitcoin arise. Those big companies like PayPal and Tesla are investing and accepting bitcoin and it helps on the sudden surge of the bitcoin price in which it leads to bullish. Another thing is that the market correction in which it also affects the bullish of the bitcoin because whenever it is going down, the correction is still there.
A market that grows in suspicion is a market that grows steadily. Bitcoin and cryptocurrencies are now increasing their capitalization rapidly, every moment traders and holders always think about Bitcoin's ATH or any altcoin that has gone too high. Good news is constantly being generated. They consider selling their crypto to prepare for the downtrend. The truth is that Bitcoin is being skillfully collected through short-term bearish market bumps.
268  Bitcoin / Bitcoin Discussion / Re: I quit smoking and buy Bitcoin every week on: April 08, 2021, 03:45:35 PM
Buying Bitcoin weekly is a great way to save money. Buying continuously regardless of downtrend or uptrend is a way to increase the number of Bitcoins over time. According to what has happened and is happening, Bitcoin will still increase in value in the long term so please continue to believe and buy.
I advise you to buy Bitcoins via OTC and leave them on centralized exchanges to reduce transaction costs such as withdrawals or costs of buying through a visa card.
269  Economy / Speculation / Re: The price of bitcoin may go bull soon on: April 08, 2021, 03:39:25 PM
There are many reasons for Bitcoin to rise in price right now. Institutions, investment funds and banks have joined cryptocurrencies. Minner switched from selling the Bitcoins they mined to holding. The corrective waves are over and Bitcoin is bouncing quickly. I think Bitcoin's next target will be 70k and continue to move up to $ 100k by the end of the year.
270  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Có ǵ sai với sàn giao dịch KuCoin! on: April 08, 2021, 02:10:53 PM
Errors are adjustable, maybe they have not updated the value of this token because the value of KICK has increased too quickly in recent times. Not only Kucoin but also ERC20-supported crypto exchanges also have the same problem as Bilaxy, Hotbit.
271  Economy / Speculation / Re: Ai đó vừa mua 12000 Bitcoin trên coinbase tự hỏi tại sao? on: April 08, 2021, 01:43:05 PM
I think large hedge funds have invested in Bitcoin and they will use their tricks to collect even more Bitcoins. The large amount of Bitcoins brought into personal wallets has been frequent over the long term. It is interesting to me that the more USDT that is printed, the less Bitcoin is circulating in the market.
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Why not wrap your Bitcoins? on: April 07, 2021, 01:32:31 PM
Bringing Bitcoin to DEFI is a seemingly good option, but should only be involved with reputable projects.
Wrapping Bitcoin also helps users manage their assets more securely and more conveniently. WBTC on Ethereum is one of the ways for users to participate in DEFI and store it smoothly.
For me, it wouldn't be good to use the Ethereum network to wrap Bitcoin in the long run because of the gas cost and price of Ethereum soar. This is no different from holding the original Bitcoin. One more thing is that the cost of covering Bitcoin is quite high. This is not going to be very good.
In the future, I firmly believe that there will be more units implementing Bitcoin wrap services on other blockchains. I am thinking of Solana or Alglorand, these two blockchains are low cost and high speed, their technology is completely new.
273  Economy / Economics / Re: Cryptocurrencies: A Legal Regulatory System on: April 07, 2021, 01:19:15 PM
Completing the legal system for cryptocurrencies makes it easier and more legal to use and invest in cryptocurrencies.
The legal framework for cryptocurrencies in each country will motivate developers to expand the crypto space with startup projects.
If every country all over the world accepts cryptocurrencies, then surely the market capitalization of cryptocurrencies will expand even further.
274  Bitcoin / Bitcoin Discussion / Re: Bitcoin and crypto are Same like casino slots on: April 07, 2021, 01:15:18 PM
Bitcoin and cryptocurrencies have large fluctuations in a short period of time and that will challenge the confidence of investors.
You can get rich quickly or lose money quickly with cryptocurrency. This is different from other asset classes like real estate or stocks.
Over a long period of time, it can be seen that cryptocurrencies have better growth in value, especially Bitcoin. One risk that investors invest in cryptocurrencies is that they need to accept Bitcoin's influence on the entire market. It may take a few years to be in a bull cycle, but in a bull cycle, it can only take a few weeks or months.
275  Alternate cryptocurrencies / Altcoin Discussion / Re: Layer 2 Protocol - A big miss ? on: April 05, 2021, 04:59:50 PM
The problem lies in L1 and getting L1's problems solved over L2 is an eye-catching theory. I hope the above theory happens and the product will be implemented. I was hoping for scaling up on Bitcoin over the Lightning network but so far that hasn't happened.
There are many projects to build L2 on Ethereum, but they are still no breakthrough. It took more time for engineers to synchronize everything.
276  Alternate cryptocurrencies / Altcoin Discussion / Re: Too many project SCAMS - PLEASE CAREFUL on: April 05, 2021, 04:53:32 PM
That's the 2020 scam. Nowadays, projects are more sophisticated than when developers create IDO projects and organizations on decentralized exchange platforms. They list these projects and make a profit, keeping the money of those who add to the pool of liquidity. The next step is to disappear with the same amount of money.
277  Economy / Economics / Re: Bitcoin sẽ thay thế dầu và vàng on: April 05, 2021, 04:50:47 PM
Gold and oil play an important role in both economics and applied science. They are both an asset and a raw material for industries. Bitcoin just stops at a store of value and payments, and economic superiority is not comparable to oil and gold. The above lame comparison is completely unacceptable.
278  Bitcoin / Bitcoin Discussion / Re: About 20% of all Bitcoin (BTC) in circulation was lost – Study shows on: April 05, 2021, 04:47:15 PM
Those are addresses that own bitcoins at a very early time. They are careless and lose their money in their wallet without a password or secret phrase to recover their Bitcoins. This is a pity for those who already own them. I even asked my friend in 2017 to buy 16 Bitcoins and he rushed to put Bitcoin in his wallet but forgot to write down the recovery characters. Now he looks at his bitcoins every day and can't do anything about it. He has repeatedly contacted Blockchain.info but is still unable to recover his Bitcoins.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: what you worst experience on crypto on: April 03, 2021, 10:09:53 AM
The worst experiences in the crypto space are endless. I will list a few.
1. First, transaction fees on Ethereum are too high and not suitable for everyone. It's like Ethereum was created for the rich to use them.
2. Fraud in P2P transactions. There have been many scams happening, FIAT depositors falsified deposit invoices with photoshop, some used dirty money to transact, some merchants refused to unlock the cryptocurrency they sold to others in a transaction. In a way, the P2P market is getting worse.
3. Value manipulation with scam IDO projects, ICOs has decreased but still exists and harms the community.
4. Elon Musk is making Dogecoin-related tweets and that is costing many derivatives market participants a lot of money.
280  Economy / Economics / Re: The President creates a "Ministery of Extraterrestrial Affairs" on: April 03, 2021, 10:02:09 AM
I don't think they have the economic and technological potential to handle these kinds of problems. Currently, countries such as Russia, the US, China, and India are making every effort to explore space and deal with earth-related issues such as meteorites. The appointment of a minister for extraterrestrial affairs is questionable and a waste of manpower when it comes to solving problems within the country rather than from outside the earth.
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