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261  Bitcoin / Bitcoin Discussion / Re: School Students learning bitcoin basics in Slovakia.. on: November 30, 2021, 10:36:20 PM
Is the Government of Slovakia aware of this? I don't think there's a ban issued by their central bank but they do not recognise it as a curency either. They will probably have a hard time explaining the risks of using BTC and its legal status later on hehe.

I cannot help but wonder what would be the next step for educating kids and the next generation. I could think of cartoons and other kid animations talking about bitcoin.

Maybe, right now, it is just a light introduction to these kids via cartoon comics. Just to have an idea what bitcoin is. Slowly, they will learn more about bitcoin and crypto in general. And that is the role of the academe if they are serious in integrating cryptocurrency in their curriculum. To have comprehensive education towards cryptocurrency and the risks involved.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: 'Squid Game' cryptocurrency scams $2 million on: November 30, 2021, 09:47:34 PM
Squid game is still trading at the moment and the 24 hour volume is larger than most coins out there, they claimed that it is now community driven. People can believe any thing, I hope there won't be a repeat of the scam.

There will always a repeat of the same scam strategy as long as there are naive buyers of worthless coins or tokens. Now that they are saying it is community-driven, I believe some are just participating in order to at least get their initial investments on buying this token. People believe that it may be the next doge or shib, the reason why they jump on this hype. And squid game is a hit netflix tv show, so even if the team behind that squid game token is not related to the show, people bought for the sake of believing they will gain much profit but the opposite happens as the creators of the token are anonymous and disappear into thin air after collecting millions of dollars.
263  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do we see 5k Eth price by end of the month on: November 29, 2021, 11:05:18 PM
ETH is still in a long term uptrend.

I think that it is a matter of time before we do see a sharp rebound in price given how well other alts who have much less adoption have done.

However, it is futile to try to predict exactly when this is going to happen. It could happen today, tomorrow, or in 4 years time. TA is not going to serve you any purpose here.

For me, what I am looking forward is the reduction of gas fees under eth network. When are we going to finally see cheaper fees? Because with this bottleneck, many new networks are addressing this long running problem of eth, and they are now doing good in terms of adoption like BSC, SOL or DOT. Though we know ETH dev team is working but it has been so long that we are requesting the reduction of these gas fees. So this 5k is very possible to happen, maybe when eth team decide to finally resolve this gas fee problem.
264  Alternate cryptocurrencies / Speculation (Altcoins) / Re: EOS Price Prediction – How Much Will EOS Be Worth in 2021? on: November 29, 2021, 09:53:41 PM
Forget about EOS. I don't think it will achieve an all time high. If you have ever tried to set up an EOS address or create an EOS transaction then you will understand why it has dropped to the 50th spot in the coin marketcap rankings.

The Other coins in the same situation are NEO, TRON...

EOS was among top 10 alts at CMC few months (correct me if I am wrong) but has slipped to 50th slot. This shows there is lack of investors interest in this coin.
It was a top 5 coin at one point.

What I think lacking in EOS is we don't know how active they are in developing this platform. As we have seen, other new networks like SOL or DOT are surpassing their popularity of usage, even surpassing their market position at a wider gap. I had several transactions before with EOS and I can say, they are pretty cheap and fast but it seems their marketing is stagnant already. So don't know if they can ever reach their old ATH of abut $22 again. With their current price and developments, reaching $10 is very hard in my opinion.
265  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [CATA]Flow | NFT | Metaverse | Decentralized Cloud Storage on: November 28, 2021, 11:22:37 PM

You can follow us on twitter @cata_blockchain.
If you would like to invest in this round, you can send e-mails to investor@cata.network, with a brief introduction about yourself. We will reply you as soon as possible and have a further discussion.

Thanks~

Real issue is there are not much updated about CATA on twitter page. Can you please update it on weekly basis because by not providing timely updates you are missing key audiences. People will take more interest if you update your twitter page on regular basis. If you dont do this your competitors will do that and gain the benefit.

Twitter should be updated by their recent developments. Usually, it is the first social media channel that will be updated. Because people are more into socmed these days. But would appreciate if they can post some updates in their thread also. This will also help their visibility in this community. Because some people are not familiar with their socmed channels, and more on lurking the forum.
266  Bitcoin / Bitcoin Discussion / Re: Exchange or hardware wallet ? on: November 28, 2021, 09:32:09 PM
~
Hardware wallets are definitely the safest option, without costing too much. They are certainly worthy if you're holding large amounts of crypto.

Whether the investment is large or small, if you want to hold for long term, you must use Hardware Wallet to ensure the safety of your investment, needless to say, today's small investment may turn into a giant asset in the future!. If hardware wallet is not available, then at least a good software wallet should be used. Of course, the wallet should be used in the offline environment. However, exchanges can be used for short-term trading, but it is better to use top-rated exchanges.
Exchanges should only be used when you're actively trading, not for long term holding or generally storing crypto. I've seen hardware wallets start at approximately $120-150, if I am not mistaken, it's a petty amount if you're holding long term, large amounts of Bitcoin. I'm currently using a simple Electrum, offline wallet, stored on my daily usage laptop.

If one can't afford to buy hardware wallet, one can already use like electrum or bitcoin core for btc, metamask or trust wallet for decentralized wallet. As long as you are in full control of your keys, you are pretty secure with your portfolio. Yes, it is true, exchanges are only to be used when you are trading, after you finished, you need to transfer it back to your own wallet. Also, don't use third party wallets where you have no full control of your keys and funds.
267  Economy / Speculation / Re: Dream Bitcoin 100k on: November 27, 2021, 11:45:37 PM
Bitcoin has the potential to reach $100,000 by the end of 2021.
Let's forget the Bitcoin price to increase $100k, I think it won't happen this year. The current situation in Bitcoin price is decreasing and seems hard to return above $60k again. The price is even already below $55k for several days, I assume it is a bad sign for the Bitcoin trend. Some people are starting to speculate about the bearish season to begin. They even said Bitcoin won't achieve a new ATH again, they said bullish is over already.


The current "bearish" market seems to affect the possible happenings before the end of this year. But even if btc will not attain the $100k mark this year, let us appreciate what bitcoin had achieved so far. We have seen different ATHs this year and only this year that we have seen those price levels. So don't be disappointed if we will not reach $100k because it is like asking too much, in my opinion. But I think $100k is not a dream, maybe next year or succeeding years, we will truly see this level because of the rate of adoption that we have today.
268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CAC] Canuckcoin on: November 27, 2021, 08:56:54 PM
This is a pure fork of Litecoin.
Why?
Why didn't Litecoin suit?
When such forks are created, at least something is changed.

And if the OP wants this coin to be useful in Canada, he should start collaborating with shops or merchants in Canada that may possibly accept his coin. Because if he will just wait for them, I don't think these shops will voluntarily use his coin. They will prefer btc or eth over unknown alt. So to start with, the OP should talk to at least couple of shops and present this project and see how they will respond.
269  Economy / Economics / Re: Can civilization revert to a barter system on: November 27, 2021, 11:36:46 AM
Never!
This wont happen even on my dreams because government is already existed and we know on how fiat serves as the the monetary system which its impossible for us to revert back.We are now on an era where everything is accessible on the fastest  payment system as possible which in just common sense then its really
that not possible for us to go back into those old system.
Broadly speaking, there will be no return to the barter system, but in reality until now there are still many who use the barter system, but basically everything is judged on the amount of fiat. For example, we often exchange cars, but one of them has to give extra money, because the selling value of one of the cars is higher

Agreed, when a pandemic strikes, someone in our country devises a barter system with the goal of assisting people in need of food in exchange for something else. I understand that returning to the barter system will be difficult, but we can do it at the same time because the barter system is extremely beneficial to those who wants those items and cannot obtain them without money. As of right now, no one wants to be back in the barter stage because it is extremely difficult; money is everything at this time.

The barter system continues to exist but most of the time, people want money in exchange of their items. You can find in some marketplaces about barter system, but I believe they usually end up selling it in exchange of fiat, because it is hard to find someone who has the item you want to exchange it with, and if the other party likes the item you are offering. This is why the barter system is something not sustainable in my opinion.
270  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: November 26, 2021, 11:59:42 PM
If you could able to identify directly on whats a scam project then good for you but its not really that something on where everybody would able to do so because experienced eyes wouldnt able on having that 100% sure whether a project is scam or not...

Now a lot of projects are being launched without even having a website. But the lack of a website was previously one of the red flags for the project. And what surprises me a lot is that investors carry money into such projects, counting on the fact that almost all coins after TGE bring several hundred percent profit to their investors. And this is really still a working scheme now, which will be brought down together with the arrival of the bear market.
Investors are looking for hype projects because they want a short-term earning profit and they aren't purely investing because of its use of the project, they invested because they gamble their money and hope it will double the amount within a month or it might a week.  That's right, this seems like a scheme because when the hype will stop, then it will become a shitcoin.

Diversifying a portfolio isn't mean that you will always make a profit because we don't know exactly which is altcoins that have the potential to make a profit.

If you want to diversify, better look for valuable projects with existing market applications. As we have seen, a lot of new projects can't implement their objectives. So if you want a lil bit of assurance, just venture on established alts that have long been in this market. Testing the waters in hype projects are quite risky. But if you have extra funds and your instincts is saying you can profit from it, why not? At the end of the day, you are the one managing your funds.
271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🚀🚀 [ANN][$EBX] eBankX: Global Digital Asset Exchange 🔥🔥 on: November 26, 2021, 10:51:10 PM
Since you are dealing with fiat also, in what country are you legally registered to conduct this operation? Are you under the jurisdiction of any Central Bank? Which I supposed should be as you are aiming to get fiat users also. How can you assure your future clients that this has very solid security when it comes to their funds?
272  Bitcoin / Bitcoin Discussion / Re: Governments planning a Crypto Crackdown? on: November 25, 2021, 11:59:16 PM
Not really worried one bit. Of all those countries wanting to ban crypto, a lot others are still positively aiming to get to crypto first and establish their dominance in the crypto space. Also, a lot of huge companies are also keen on getting that number one status when it comes to cryptocurrencies, so the number of countries banning crypto and taking a piss on it is insignificant when paired with those who want to develop their own space with it, together with a lot other huge companies that already have their feet wet.

Just take a good example of China. China is influential and giant country, and yet, they can't topple the crypto market. So banning by other governments will not significantly  affect the crypto market. It is their loss actually to participate in this market. I have the feeling the later on, these governments who are cracking down crypto will change their stance if they see that more progressive countries are actually accepting its existence.
273  Alternate cryptocurrencies / Tokens (Altcoins) / Re: NMX Nominex token on: November 25, 2021, 11:33:58 PM

This means we will have to wait for them to relaunch their NMX market and there's no exact date, this is the reason why there is no trading data in the market aggregator, worse part is having no time frame, I'm hoping they can resolve this there are many NMX holders that are hanging in the air.
The NMX token is no longer available on spot trading on their own exchange. But the holder can still swap it with usdt, you can go to the Trade and Earn menu then select Convert. there you can swap your NMX to USDT.

Dont forget, that you have to pay fee when using such method. When you trade and use NMX as payment for wee, you pay 0.05% fee. And you can trade any amount you like. But if you use convert option, then you would be charged with 1.23 NMX fee. Minimum convert amount is 2.24 NMX, which is a bit above $3, and you will pay $1.85 extra as a fee. Nominex show that NMX price is $1.50, but is not true. Shady exchange.
Yes, that's true, but currently the only way to sell NMX tokens that I know of is to convert them to USDT, As I said before. I don't know why the Nominex team removed their own tokens from Spot trading.

If you have no choice but to get your money, the easiest option is indeed the convert option which has expensive fee in my opinion. Also, you need to wait a lil bit longer before it reflects on your account. I don't know why the exchange removed it from their spot trading, where a lot of alts are still there. The convert option is one way to generate good income from the traders as they are charging high fees. Wondering the future of this exchange as the value is going down instead of going up.
274  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Explain to me about Matic Ups these days on: November 24, 2021, 08:32:24 PM
I want to know how to predict Matic to this date. I knew that its going to pump high today but I exit too soon.
if you wanted to predict the real potential of the coin i suggest to check the highest time frame first such daily and try to check as well the 4H, 1H, 30M up to the lowest time frame so that you can obtain some sort of information or for you to see a good structure that can tell you what's the potential or real direction of the growth rate. It's the most important steps for intradays fyi mate. So better do that way very often to don't miss some of the opportunities to gain more profits and to prevent losses of course..

I think it is also good to check the actual progress of the project itself. How are they doing in terms of their objectives? How many projects are about to use this network? How is it compared to competitors like ETH, BSC, ADA, DOT, SOL, AVAX and others? Because the trading performance will be significantly influenced by how they progress with their target objectives. So it is important to learn those developments via their social media channels. You can get insights on where they are heading with the updates published on their socmeds.
275  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cardano run $200 on: November 24, 2021, 07:53:51 PM
cardano is a good and promising token, I'm sure the team will continue to work and soon come up with a better network than BSC, of course it will take time to see Cardano continue to skyrocket so I won't sell Cardano and just focus on buying Cardano.
As long as the market is still in its current state and you haven't got a good pump on Cardano, then buying it is a very good move and you can never go wrong if you want to keep it for a long time too, because Cardano is already on the list of coins that are great for everyone.

Based from its current price of about $1.62 in the market, it can very well increase in the coming days as it is in the top 6 position. However, we need to see their chain up and running just like SOL, which by the way, already surpassed ADA in terms of marketcap. But aiming for $200 is I believe, a very long way to go. It needs a lot of progress under their network and we should be seeing exchanges and projects integrating ADA network in their project. It may easily increase to $10-price but $200 is still a very long shot for ADA.
276  Economy / Trading Discussion / Re: Trading involvement on: November 24, 2021, 02:29:31 PM
it's true, people will believe more if they have seen the results firsthand because all will be interested when it comes to money. Trading is indeed growing rapidly, even in my country, many young people are starting to trade from small to large capital. it indicates that the demand for crypto and trading is increasing. but besides, there are also many people who have not dared to join it because of the many news about trading that makes many people lose. that's okay because trading according to your own will and the profit you will get also depends on how we manage our assets.

The initial reaction usually is not good as they are hearing some bad news like hacking, losing funds from hyped-up investments, and many others. But once they learn more about crypto, they will understand that being scammed or losing money depends on the person himself and not the crypto per se. Because you can avoid being scammed or hacked, depending on your approach or strategies. Because for sure, up until now, a lot are thinking that bitcoin or crypto is somewhat a scam. So for me, there's no need to convince others when you are already involved in crypto, in time, they will come to you voluntarily. It is better to just wait for them rather than push them into this market.
277  Economy / Trading Discussion / Re: Trading and it uncertainties on: November 23, 2021, 11:25:37 PM
the crypto market is indeed unpredictable and changing, therefore we must be able to analyze the market well. not a matter of uncertainty but how we can control our assets when the market is volatile because it is not easy to maintain it. what I'm doing right now is doing the best I can and controlling my emotions well because that's very important. failure is a normal thing but besides that we must be able to do our best to get profits.

If you want an assurance that your hard-earned money will not disappear, better invest in alts that are established already like bitcoin or eth. Because even if they decline, they have the possibility that they can go up and you know for sure, they will not be gone overnight. Also, diversify your portfolio if you are investing in new projects, choose with projects that have solid foundation and active use case, not just because it is the current hype. As we have seen, a lot of DeFi platforms are not doing good as well as most meme tokens.
278  Economy / Speculation / Re: Bitcoin run up is coming on: November 23, 2021, 09:47:51 PM
The market have got disturbed and now bitcoin has come around $56k. Along with bitcoin there is decline in the price of ethereum reaching around $4000. The critical resistance of the market seems to test the $50k by this weekend. More institutional investors will buy the dip as there is assured recovery of the market to reach new ATH over the falling year.
This might be a panic, causing most traders to dump if you look at the chart I believe it's a bear trap and testing $56k for the bottom is still bullish but once it dropped around $40k below I think it's time to think twice whether it's a bear trap or a complete bear market. We don't know if Bitcoin would continue to pump next year or it would create a mass selloff plus the correction then it's probably a bear market. But that's just too soon to think about and I think Bitcoin will have to gather some momentum before pumping again straight to $100k.
Whenever people are selling just as the price going down, there is two possible reasons for it; either they needed the money and they are selling which is understandable because we always have unexpected payments we need to make in life, or they are panic selling for sure. I mean why would you sell right now when it is going down when you could just wait for it to recover and sell later? We all KNOW that it will go up eventually, anyone who doubts bitcoins ability to go up in the end no matter what happens in the middle should stay away from bitcoin to begin with.

I believe that we will break ATH and reach to new ATH, then we will get another ATH and another and another, that is how bitcoin works. So, if you are selling right now either you should have a good reason or you are panic selling and that is karma hitting you back because you caused it to go down.

Some people are panicking the reason why they are selling. Because if it is not the reason that they need cash, then, I also see that it is not a smart move to sell if you can hold off. Because as we can see, this decline is just normal and we may even see it rising again before we know it. We have been in so many up and down movements and throughout the years, we have seen bitcoin to reach price levels wherein no one expects that it will reach. More than likely, those who will sell at a loss will regret once they see the price rising again.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest during bull market? on: November 23, 2021, 08:36:17 PM
How to invest correctly when everything is pumping? I think it's best to focus on promising startups and coins at a time like this. Now I'm interested in projects related to blockchain security (CheckDot) and game tokens (Genopets). What strategy do you follow?

That's your opinion, to me I try to follow the trends to profit from my investment, so am into more metaverse projects that are just being launched to participate in the private or public sale, when you take a look at the current market dip, almost all the metaverse projects are the ones pumping, just like how defi was a huge trend, metaverse  will be even more bigger trend and can give good returns of invest

But you have to make sure that the metaverse project is not only jumping the new hype but the team behind it has real capability to make their objectives a reality. You can get insights if they have comprehensive whitepaper and roadmap. If you see generic roadmap and unsubstantial whitepaper, think twice. Also, it is better to go for a project with working services if not at least in beta stage of their development. Most projects in alpha stage will never be completed.
280  Alternate cryptocurrencies / Altcoin Discussion / Re: Making money while gaming on: November 22, 2021, 11:51:36 PM
It is nice that our addiction in games will give us earnings while playing. In the past, Big companies and developers are making tons of money because of us, gamers. Now, players and developers are both making money in games. P2E games are now becoming popular as this gives people a chance to earn while enjoying the game.
In this era now and technology advancement many were able to earn thru creation or making content like in youtube and vlogging but now with combination of gaming. There are tons of way now to earn online and NFT games open many opportunities to those who really enjoyed playing and makes themselves successful by mastering what they enjoy the most. Hopefully the developments will continue and not be like other ICO who lost sense due to scam projects. We should be able to identify how legit the projects are.
Earlier more number of projects got into the market with the same use case and finally gets termed to be a scam due to lack of development. Now the entire market trending in the cryptospace is the NFTs. Through different ways of creativity this has been making big change to the cryptomarket.

Right now more and more number of earn to play games are available. Apart from the gamers, gamblers who've lost in gambling will also get into playing. However the lasting of these services need to be understood. Else, it could ruin the entire infrastructure.

Maybe, if you don't want to shell out money, try the free P2E gaming platform, which you can find here in the forum as well. I forgot to bookmark that thread offering the free P2E games. Because right now, some of them need to shell out hefty amount of funds, which is not good for small gamers. Also, look at how active the dev team is, because the life of the gaming platform depends on how the dev team will continuously develop the game to make it more interesting and sustainable to players.
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