Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
I would have to be honest with you. When I was still a newbie in crypto, I get myself involved seriously because of the price pump way back in 2017. Yes! The big pump where BTC, ETH, etc., are on their way to their ATHs. I was driven by the price of cryptocurrencies back then. As months go by, I deeply understand about the technology behind Bitcoin, and this is where I keep myself involved in this industry. Due to cryptocurrencies being decentralized and tamper-proof, plus many real use cases of blockchain as supply chain in various industries, I can say is that cryptocurrencies have a bright future ahead despite of it’s roller coaster ride journey. |
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Over the past few years, I have been horrified by the way accounts of various exchanges and crypto-related websites and individuals have been hacked by hackers. Is there any way to out of this insecurity? I think cryptocurrency will lose popularity if it continues like this, share your ideas on what can be done to overcome this situation.
Insecurities will continue for a long while. Not all exchanges are safe for us to store our cryptocurrencies, because they can get compromised by advanced-minded hackers and intruders out there. The more it becomes secured, the higher chance that hackers and intruders can counterattack. This is why it is not a good idea to store cryptocurrencies in exchanges. It’s definitely good for trading purposes, but transaction fees is something you had to deal with every time you transfer it to wallet and to exchange, vice versa. There is no such thing as “safe and secure’ exchange right now, even Binance isn’t exempted of it. |
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Bitcoin is a currency started by developers that were interested in the idea of sending online payment without a central authority that would check the accounts. The idea and the whole thing (with Satoshi Nakamoto, blockchain technology etc) inspired many people to use it. And some of them, worked on it. Due to this big adoption and fixed supply, bitcoin went to moon. At least for a while, but it did. And right now it is high as well.
Well, do we need it? Because, I can see that people use it only as an investment or as a money laundering tool. Black markets rebornt after the creation of bitcoin. I tried to convince someone to use it, but you know what? I couldn't. Why? Well, honest people don't afraid the central authority, in addition with the dishonest ones. Those who want something that is illegal, cannot do that. So they use bitcoin.
Governments don't want it and they wish they could prevent it, because they cannot track you easily, they cannot tax you, they ..., they ..., they...
Governments like censorship, and there is 0% censorship on bitcoin.
I like bitcoin, a lot. But I don't think that this world needs it. Except if they want to hide something. Prove me wrong.
First and foremost, we don’t just look at the price movement of Bitcoin. It’s definitely about the real and positive use cases of it. What I really liked about Bitcoin is the full transparency of the transactions through the disruptive blockchain technology. It cannot be tampered and definitely the most secured way in sending and receiving funds online. This is one reason why we need Bitcoin nowadays. No government can prevent us from competing the transactions here and there. Just my opinion. |
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I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Definitely it’ll be the currency of the future. It’s just that it takes a long time to make it happen. When transitioning from barter to gold and other precious metals, I’m pretty sure that it also took them a long while to adopt it. Same thing when transitioning from gold and precious metals to paper bills and physical coins. The evolution of money takes decades or centuries to transition. As for cryptocurrencies, I would see it much faster than the previous transitions. Analysts would say that it would replace fiat money within this decade or in the next one. It’s going to be unpredictable, but who knows, it can happen real soon. We will never know, but at least I definitely know that cryptocurrencies are the future currencies. |
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Christie Pearce Rampone a three-time Olympic gold medalist invested in bitcoin. She told her fans that she had a conversion with the CEO of Binance America, Catherine Coley. She was convinced to buy some BTCBTC for the first time.  LinkLinkLinkIt looks like a lot of celebrities are getting interested in investing or buying some bitcoin. Slowly but surely, well-known personalities like Christie has been educated about the real and positive use cases of Bitcoin, which is a good thing. It's all about enlightening them about this and not the ponzi schemes that are using Bitcoin as "front". We expect that not all can be pleased by Bitcoin or any other cryptocurrency on the planet. It's all about continuous education and advocacy about the positive use cases of it and identify what's legit or scam about Bitcoin. |
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I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.
I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.
I've been staking TRX on my ledger for months and have no intention of selling at current prices. The only downside is it appears if you hold TRX on a ledger you miss out on the monthly BTT airdrop And what about the monthly BTT airdrop? Is it on the Binance staking? Or other wallets? I had no idea about that monthly airdrop you said. Thanks! |
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We are aware that most of the countries economy has gone for a toss and many are at the brink of collapse but who has been the biggest winner of this pandemic? is it corporate medical industry who are charging abnormous fee for treatment or else a particular regime who is silently buying stakes of major groups at lower price during this situation? Do you think this was a man-made virus to destabilize the world's economy and buy huge shares so that a vaccinations can be rolled out once the enough damage is made ?
In my opinion, the biggest winner would be the health companies (especially if they have an immune system booster product, etc.). You know why? Health is the most essential priority of all time. People are looking for solutions to combat or ease symptoms of COVID-19 despite if there’s no cure or vaccine yet. Like for example, people are finding solutions to boost or strengthen their immune system during the pandemic. It is believed that by boosting it, there’s a higher chance that you’ll recover from COVID-19. So they are buying vitamins and supplements that could probably solve their problem, and health companies are benefiting from it. |
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I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.
I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.
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As much as I respect Justin Sun even if a lot hates him, I honestly think that spending $1 million to reveal the hackers isn’t just right, especially in this crisis. If I were in his shoes, I would rather spend $1 million for charity purposes during this pandemic. In that way, I would respect him even more despite meeting him a few times in person last year in Hongkong and Taiwan.
This is Twitter’s fault, and they were being highly accountable for this matter. $1 million bounty to hunt these hackers won’t be enough to regain his reputation. I would rather see him donate that $1 million to help fight COVID-19 pandemic.
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I would support it.
I personally stake TRX in my Ledger wallet, and with about 34k TRX, i get around 5 TRX per day. Not much, but better than nothing, right?
Not sure how it work on Trust wallet, but on ledger, you basically vote for a delegate (Binance) and it freezers your TRX. Every few days you can log in and claim your try which arrive in your wallet
Okay but my TRXs is on Binance exchange and not on Trust Wallet. So if it’s already there on Binance, I don’t need to delegate right? Is there a staking option on Binance? I only got like 2.2k+ TRXs, as I bought it when it was still around $0.09 and I never sold it even if it “moons” way back 2017. That's a very long time already, I bet you are a early investor then, you would have make lot of profits if you've been staking since 2018, it's not too late and the project is reliable so why wait? It's just that I don't like the CEO
Yeah it was a very long time indeed. Didn’t have idea about TRX staking back then. If I wasn’t busy for the past couple of years, I would have staked some TRXs already and I imagine how much I finally earned up to this date. |
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Before Bitcoin and cryptocurrencies were born, these networking scams and ponzi schemes already exists for decades. Even until now, stubborn people never stop gambling into this scheme by being the “first in lines” to join and recruit others. Only the ones who joined early or at the top are winning, but the latecomers would suffer losses.
Cryptocurrencies nowadays are used as “front” to implement these networking investment scams and ponzi schemes, which destroys the image of Bitcoin, Ethereum, etc. Like Forsage’s case, they are destroying Ethereum’s image in the form of smart contract decentralized matrix cycler system.
These scammers would never stop. As role models, our goal is to keep educating the masses (whether physically or virtually) about the real and positive use cases of Bitcoin, cryptocurrencies and blockchain technology, so that they would finally understand it rather than generally calling cryptocurrencies as scams.
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My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.
I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?
I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there).
Thanks in advance!
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don't rely on gift tokens because that will only bore you and not to mention you have to wait for them to be listed on the exchange or at least until they have a sale price to make up for your hard work.
I suggest balancing your time with other things you can do in this market and I think there are many ways to make a profit besides a prize campaign. I say this because I also feel bored with them and what I produce from gift tokens does not produce sweet fruit.
at this time I balance with trading, how about you?
I’m guilty of that before. Bounty campaigns did changed my life a few years ago after I decide to make it as a full-time career. I left my virtual assistant work to focus on joining airdrop and bounty programs. However, as months ago, I realized that joining bounties is not always the best option or “last resort”. This is why I expanded myself by applying as a development team member and advisors in some few projects (but most of them are dead). I’m just glad that I didn’t give up in some alternative ways of earning aside from relying on bounty programs. I also balanced it with trading and side gigs as well, and also maintaining my virtual day job to keep me sustained in paying bills and basic needs during the pandemic. |
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I've invested into ETN way back 2017 during their ICO (sad to say I didn't know they had a bounty back then) and until now I am still holding them in my Electroneum wallet (not into that Cryptopia-goner exchange). Not only that, I added a bit of ETN through their mobile mining until they stopped it. And now? They've just announced an upcoming fork! Source: https://news.electroneum.com/electroneum-launches-fork-reducing-etn-block-rewards-by-a-massive-75So they have a double halving on July 22nd, and updating their blockchain from V8 to V9. So the reason why they're doing this is to control inflation, as CEO Richard Ellis pledges to maintain it at under 2% by reducing the block rewards to 75% What does this mean for the Electroneum and the whole crypto community? Do you honestly think that ETN is gonna "fly" later on (not instant) after this double halving? Hmmmm...... |
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And the list goes on. There’s also a scammish opportunity using TRON smart contract. So these scammers are targeting coins or tokens having the feature where we can create our own smart contract. Just recently, big media newspaper Philippine Star published a headline about the latest Twitter hack. In their sub-headline, they have mentioned “Bitcoin scam”, which makes me sick to my stomach. It’s like when a lot of people are reading this, they would generally think that Bitcoin is actually a scam without even taking time to research on their own about the real and positive use cases of it. I just don’t know when will these foolish media sites would stop using the “Bitcoin scam” term. |
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Please everyone pay attention and don't trust anything you read in Twitter now. It appears that in has been compromised and all big accounts are hacked and posting random fake giveaways. More information in scam accusation topic: https://bitcointalk.org/index.php?topic=5262439Don't click any links in Twitter now!Twitter accounts hacked so far: - Bitcoin - Elonmusk - Tron - Ripple - Justin Sun - Bill gates - Coindesk - CZ_Binance - Gemini - Kucoin - Gate .io - Coinbase - Binance - JeffBezos - JoeBiden - BarrackObama - BillGates - TwitterSupport and more... I knew there’s something wrong when I saw that “hacked tweet” from Elon Musk. Twitter is responsible for this mess and they should double down their security measures. This is why centralised platforms are vulnerable to hacking or getting compromised. Decentralization is the key for platforms that the hackers and intruders would find it hard to breach their system. If the only way to access social media platform is through private key that you own and in a non-custodial manner, then rest assure that your account would be safe. I bet some startups out there are encouraging themselves to start their own decentralized social network or microblogging platform. Just my opinion. |
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Oh well, RIP to these OneCoin scam promoters and condolences to their respective families. Source: https://cointelegraph.com/news/two-onecoin-promoters-found-dead-in-mexicoThe first time I heard about OneCoin is from a good friend of mine. Before I was introduced to crypto, she was way ahead of me already. However, she was promoting OneCoin back then until it went scam. She attended various conferences and networking with the attendees to promote OneCoin and mostly got ignored. This is what we truly get for promoting scams heavily in the internet. |
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And also, check this blockchain transaction here: https://www.blockchain.com/btc/address/bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlhThe hacked tweet from Elon Musk’s account alone has raised 1.5 BTC. My goodness!   The images above are posted from a guy who is on a crypto-related Facebook group.Twitter is hevaily liable on this matter. If they were to switch to a decentralized micro-blogging platform where private keys are the only method to access, this wouldn’t have happened! |
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It looks like the hackers have raised 0.65 BTC so far!  P.S. This is coming from a shared FB post. Someone asked him to give the exact blockchain address to track it, but replied that he needs to scan the code to see the ongoing activity. Or you can type this address manually. |
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