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2781  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether (USDT) - Backed by Air and Words on: May 24, 2022, 10:14:49 PM
There are a lot of things in the crypto industry tied to USDT and I do not think that it is profitable for someone to end it all and turn this stablecoin into a scam with a sad end, because the consequences of this will be very cruel. It's no secret that USDT is not fully backed by the dollar, but only 15%-20%, if I'm not mistaken, the rest is backed by securities and various derivative instruments. I agree that everything is not so smooth with the collateral and most likely there is a huge amount of unsecured tokens released to the market. In addition, USDT has had constant problems with auditing. There is also a possibility that USDC will take the lead. Already now investors start pouring liquidity into this stablecoin, and who knows, maybe in 3-4 years there will be a new leader in the stablecoin category.
2782  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT development on: May 24, 2022, 09:50:12 PM
NFT story is all over the web and this time what got my interest is a story of a young guy who sold a picture as an NFT, how are they transform an ordinary picture into NFT and sell them for a good price. I need help to know how to make this happen.

This is elementary and at the same time useless, especially now, during a strong bear market, when NFT tokens are very cheap and have lost their former demand. Any image can be uploaded to a specialized service, minting NFT, paying a commission for the gas and putting that NFT, or collection, on the marketplace, for example on OpenSea. In doing so, minting will be relatively inexpensive. But there is a big problem. It's the lack of hype and demand. Most of these tokens are not needed. There are a lot of them on such marketplaces because everyone wants to make money on it, but people don't need it all. They don't want to buy, they want to sell, so if you don't have some interesting story, no fame, then nobody wants your pictures and the price is zero.
2783  Alternate cryptocurrencies / Altcoin Discussion / Re: The first crypto project based on trading profits jorth Network on: May 24, 2022, 08:54:23 PM
Are there any plans to hold a token sale on some platform like the launchpad? Because selling tokens directly from the site is not trustworthy. Also, I looked at your staking, you give a high percentage of 18% to 30% APY. From my experience I can say that many projects which initially give such high percentages, quickly switch to floating percentages and lower APY for staking. How do you plan to maintain such a high percentage of staking rewards?
2784  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best decentralized stablecoin? on: May 24, 2022, 08:17:54 PM
I don't agree with you a little bit. The fact is that centralized stablecoins also lose their tether, but for some reason they don't talk about it much. But when it comes to algorithmic or decentralized stablecoins, people immediately remember their ability to lose tethering. All stablecoins lose their tether. Look at how the biggest stablecoins have felling in their time, and you will see that all stablecoins are at risk of losing their tether.

Of course. No one said stablecoins are risk-free. Every investment does come with its risks. But I believe centralized stablecoins are a much safer bet than decentralized ones, simply because they're regulatory-compliant (some of them, not all). That means the issuer is required by law to maintain the peg or face serious consequences in the long run. This brings investor protection, not seen in decentralized stablecoins like DAI or USDJ.

It's the wild west in the decentralized world of stablecoins, so I'd advise anyone to proceed with caution. I think what happened with UST will force developers to improve algorithmic stablecoins for the better. There will always be "hiccups" along the road. What's important is to keep moving forward in order to make our world a better place. Who knows if decentralized stablecoins become so good that they'll rival centralized stablecoins in the future? Just my thoughts Grin

The problem with decentralized stablecoin is the more complicated mechanism of securing and securing smart contracts, and the problem with centralized stablecoin is that they are not backed by fiat as they should be, meaning that at one moment they cannot back every token with a dollar because there simply are not that many dollars in a bank account physically. It's no secret that most of the USDT and USDC are backed by securities and debt, so if there is a big stream of coin withdrawals, they will lose their bind very quickly.

But based on the above, despite the disadvantages, it is safer to store in centralized stablecoins, because they have fewer vulnerabilities.
2785  Alternate cryptocurrencies / Altcoin Discussion / Re: What you should do in this type of market on: May 23, 2022, 11:56:08 PM
Just do not forget that investors in bear markets can leave even promising projects. And this will be facilitated by two goals:

1 - is to preserve the value of their money, altcoins are not suitable for such purposes.
2 - is to collapse the price to its lowest values in order to buy back cheap coins as much as possible.

So, dropping a coin to low levels doesn't mean that these projects will never grow again. In this case, you also need to pay attention to the project's social media, roadmap, and network updates.
2786  Alternate cryptocurrencies / Altcoin Discussion / Re: FUSE Network. Thoughts ? on: May 23, 2022, 09:29:05 PM
https://docs.fuse.io/general/learn-about-the-fuse-platform/fuse-overview

Fuse Overview: vision, strategy and platform components

I read about this token exactly one year ago, there was an article that experts predict the price of FUSE Network to be around $0.7-0.8 during 2021. I thought it was an advertisement for another little-known project and passed this coin by. In the end, the price was almost $2, but it didn't last long. Now the project is back to the same values when I first read about it. And I wonder if this project will be able to repeat that in the near future.
2787  Alternate cryptocurrencies / Altcoin Discussion / Re: Real State NFTs on: May 23, 2022, 09:04:10 PM
Something similar was said when there was a hype in the field of NFT, that NFT in the field of art will be a breakthrough and hurry to enter this industry, because the world has not seen anything like this. But in fact few people are interested in it from an artistic point of view, most people see it as a speculative component. In the same way Real State NFTs will be perceived. Just another type of NFT tokens, which can be speculated with and profit. There is no other use for these tokens yet, which is why most of them depreciate so quickly.
2788  Alternate cryptocurrencies / Altcoin Discussion / Re: Should LTC return as a silver to BTC and being ranked in the top 5?? on: May 23, 2022, 08:48:53 PM
In my opinion, no. LTC lost its former popularity and now other projects with developing ecosystems like Solana, Polkadot, Avalanche, etc. are collecting billions. Stablecoin sector is actively develops too, there are 2 projects in top 10 already. When was the last serious update of Litecoin? I do not keep track of its development and I don't see news about it that often. Maybe something will happen when Litecoin has a new version of the blockchain, but the competition is still tough.
2789  Local / Русский (Russian) / Re: Забанили по ошибке on: May 23, 2022, 05:09:28 PM
Разбанили ваш аккаунт. Можете пользоваться.
2790  Other / Meta / Re: Happy Bitcoin Pizza day on: May 22, 2022, 10:15:40 PM
~ snip ~
It's a cute picture, but you really should add sources when publishing work that is not yours.

Look carefully at the bottom right corner of the picture.
2791  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Find save DeFi Projects with high yields. on: May 22, 2022, 07:20:40 PM
Interesting site, a kind of trading signals for trading. Gem is unlikely to be found with these settings, but for statistics and analytics it may come in handy. At least, this is the first time I've seen such a project. You could also attach charts of price changes to visualize it all and see the mood curve around the project. It would also be useful to bolt in a blockchain, on which the projects are deployed.
2792  Other / Meta / Re: Happy Bitcoin Pizza day on: May 22, 2022, 05:04:27 PM
 Grin Grin

2793  Alternate cryptocurrencies / Altcoin Discussion / Re: Delisting of tokens will take place again on: May 22, 2022, 03:42:20 PM
Be prepared.

This is a warning to all of you running after meme coins, even if they get listed on top exchanges it doesn't mean they will survive for long, or have you forgotten that many projects got delisted from exchanges after the ICO craze of 2017? The same thing will happen once a tough bear market starts, so many meme coins won't be able to cope with the situation and many exchanges will be forced to delist the tokens.

I wonder what meme-coins you know, except DOGE and Shiba, which are listed on the best exchanges. I don't know them. Usually such crap is traded on little-known or medium-sized exchanges, but not on the best exchanges. For the best exchanges they simply have no money, and top exchanges do not want to spoil their reputation by adding all sorts of garbage to their listings, which can be delisted from exchanges in a year or a year and a half after its launch. Only small exchanges that want to attract as much liquidity to their sites do this.
2794  Alternate cryptocurrencies / Altcoin Discussion / Re: List of coins with own blockchain, no tokens on: May 22, 2022, 03:22:42 PM
Hello, I would like to see some list of coins with their own blockchain like Bitcoin, Ethereum Kadena, Cronos but no for Example Shiba inu, APEcoin and others which are only tokens.

I've seen something similar on this forum before and have bookmarked this list of blockchains. Here is a list of all blockchains and their native tokens with the token standards:



The list contains 43 different blockchains. By the way, the kind of blockchains you list, like Ethereum Kadena, Cronos, are not there. And I'm not quite sure what you mean by that.

P.S. If you go to the original post, there is a bigger picture.
2795  Alternate cryptocurrencies / Altcoin Discussion / Re: When did the word "crypto" become so popular? on: May 22, 2022, 03:18:23 PM
After 2017, this is the year when the crypto industry first became known to the masses, who began to actively contribute money to this industry. In general, 2017 can be called the year of mass adopting cryptocurrencies, it was from this year that cryptocurrency began to be talked about even on the central TV channels of a number of countries. The word "crypto" has established itself as a colloquial term for the entire industry. I often hear something like that in conversations:

- What do you do?
- Crypto.
2796  Alternate cryptocurrencies / Altcoin Discussion / Re: Most trustable currency on: May 22, 2022, 02:58:50 PM
Guys, Can you really name the coins/tokens that you trust the most?

Bitcoin and Ethereum. Coins that are truly trustworthy and that you can keep in your portfolio for years without worrying about losing money. Both assets are deflationary, both assets have fundamentals, both projects are pioneering (bitcoin as a cryptocurrency, ETH as a smart contract platform). These projects have a great future and constant development...
2797  Bitcoin / Project Development / Re: Bitcoin Crossword on: May 22, 2022, 01:37:09 PM
Any hints?  Wink
2798  Bitcoin / Project Development / Re: Bitcoin Crossword on: May 22, 2022, 12:52:44 PM
What language is the crossword puzzle in? English?
2799  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT and photographers on: May 21, 2022, 10:12:18 PM
I doubt it will help you in any way. Nowadays marketplaces are heavily littered with this kind of content, a lot of newbies are trying to tokenize their creativity and put it up for sale, but statistically 85% of such tokens are garbage and nobody needs them. The thing is that NFT has value if it is some recognizable project, but even such tokens have fallen in value lately. You can of course mint NFTs and put them on sale, but in the end you will find that you only spent money and earned nothing. First create a name and reputation for yourself as a photographer, and then try to tokenize your work, not the other way around.
2800  Alternate cryptocurrencies / Altcoin Discussion / Re: Fitness Based Project Can They Last Or Sustainable on: May 21, 2022, 09:56:30 PM
This direction will be a great success, if this model manages to somehow cooperate with big sports. If this direction gets the support of sports stars and is widely advertised, we may see the emergence of large and popular projects. But that takes money, and it's not a good time for start-ups and big investments, because the market is going through bad times and the world economy is in decline. Even if this happens, it will not be developed in 1-2 years, but much later.
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