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2881  Alternate cryptocurrencies / Altcoin Discussion / Re: will Binance be the next Ethereum? on: March 18, 2021, 09:26:37 AM
BSC tokens are now gettin hacked Huh and ETH upcoming updates around the corner..THink and invest!!!!
I suppose "BSC-Based Token"? it also happens on Ethereum network since it's basically individual responsible but yeap ETH 2.0 Basically will become the game changer with many improvisation just like BSC Today but it's Fully Decentralized rather than Centralized BSC Network, For now it's good to use BSC as alternative and wait till ETH 2.0 Launched, Cheers!
BSC despite having a good capability to scale still being considered as just a mere alternative for ETH not to mention it's rather "centralized" that adds up the worry for most of projects that are on top of BSC.
Eventually people gonna switch back to ETH because it has been used by many projects and dapps for a long time and found very little problem aside the gas fee. not to mention BSC have other competitior which is Cardano, wonder how all these things gonna turns out.
2882  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What happened with Dogecoin faucets? on: March 18, 2021, 08:53:59 AM
Dogecoin price is now much higher than it was before. Thats why faucets are not profitable anymore
or maybe because there's no ads platform that supports these faucet anymore that's still profitable, I remember back in the day most of faucets uses some 2nd tier advertising platform to get ads to their website but now it seems those ads platform doesn't exist anymore. the faucet business model just not profitable anymore.
2883  Alternate cryptocurrencies / Altcoin Discussion / Re: insane fees on eth (uniswap) on: March 18, 2021, 07:21:24 AM
that's why you should avoid using swap within ethereum blockchain at the time being, using swap meaning you gonna execute minimum two transactions while making one transaction alone already costs so high. Just use the centralized exchange at the time being if you don't have that big capital, now platform like uniswap is the bigboys' playground.
2884  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Enjin Overvalued on: March 14, 2021, 10:41:35 PM
You meant about this news https://enjin.io/company-news/enjin-coin-japan-listing-en

I think that's about the regulatory approval and that's good news for enjin to be approved in japan. Enjin already developed several products and the latest one is related to the NFT.
I don't think the price of enjin coin is overvalued at this moment dude.
2885  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrencies will be around in 10 years and why? on: March 12, 2021, 11:43:12 AM
most of the major alts will definitely go beyond 10 years forward even the small altcoin aswell if there's market for it it will still exist but XRP, I mean seriously? if there's any coin that's really prone to fall it's XRP simply because of SEC lawsuit.
But, bitcoin and ETH definitely could easily be around even after 10 years considering their market cap, even if they fall in price they will still exist because people still need them.
2886  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ETH overpriced? on: March 12, 2021, 07:41:41 AM
Even with BTC price of 1mil there wont be a problem with transaction fees. There are already some projects that are working to fix that. Something like wrapped BTC where you pay transaction in other coins.
Wrapped coin should only be temporary solution to avoid the fee problem though.
We'll eventually find a way to solve the fee problem on various blockchain and tbh the biggest tackle is the fact that blockchain is decentralized and there's just many people's interests that confronts to each other however we gonna overcome that eventually, its just about time.
2887  Alternate cryptocurrencies / Altcoin Discussion / Re: Not news but no wonder why ethereum transactions fees are high on: March 12, 2021, 05:46:41 AM
Not only that but many exchanges still set their gas price beyond 200 gwei aswell that further add more transactions with high gas fee in the blockchain making the overall cost needed increases and probably gonna stuck like that for few months. Just imagine how many people withdrawing ERC20 tokens and ETH out there and sum the amount with these arbitrage traders
2888  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum remains the king of altcoins on: March 12, 2021, 05:04:27 AM
im agree with you for now no one can take ethereum place but they must becareful with binance, polkadot and cardano move
that 3 coin grow really rapidly with lot of inovation if ethereum move that slow i believe one of the three musketeer will take that ethereum place as a vice coin belong to bitcoin as a king
I know nothing is impossible but considering the gap between their market cap? Maybe if people massively migrate to BSC and creates many dapps and project it's still possible but considering the recent rumour that says many institutional investors are starting to buy eth in bulk and holding it, I guess thats gonna be hard for coin below ETH to catch up.
2889  Economy / Economics / Re: Central banks around the world want to get into digital currencies on: March 11, 2021, 11:26:56 AM
If this CBDC turns out to be a huge success I'm pretty sure other country gonna jump in aswell and try to make their own CBDC to compete in international market.
Though what I'm afraid the most is if they have created their CBDC but going overboard for the sake of expanding their market and bans any existing crypto, could definitely harm the existing crypto market though might be just a little.
2890  Economy / Trading Discussion / Re: Taking a loan to buy Bitcoin? on: March 11, 2021, 10:20:28 AM
It wouldn't kill me if it fails but I don't think it will fail. Even if it crashes it will come back 2 or 3 years later.

It wouldn't hurt you much if bitcoin crashes then go ahead and take a loan to buy bitcoin. As I believe bitcoin is still very good for long-term investment. A lot of influential people and big companies have started investing in bitcoin. So, the future is bright.

True, if the sole purpose of taking loan to buy bitcoin isn't to disrupt their financial condition because it's not that big amount and could be easily repaid then it does make sense but people who goes all in like this using loan usually have no money themselves and hoping to get rich quick which is very dangerous. but at least if btc crash the money won't be gone and reduced into 0, worst case scenario could lose half the amount of initial capital.
2891  Economy / Speculation / Re: Will Bitcoin eventually crash? on: March 11, 2021, 06:56:04 AM
There's always possibility, in early 2018 if I'm not mistaken most of us never thought that it could go down very deep that fast although people have been speculating about bitcoin's dump but it's still made people shocked nonetheless.

Considering the rise that we've experienced recently is really high IMO it has a higher chance for that to happen however you should also consider the circumstance of bitcoin in 2018 and it's in 2021. IMO the only thing that could save bitcoin from massive dumping after huge price rally is mass adoption and we've been seeing many this recent year. just my 2 cents take with grain of salt.
2892  Alternate cryptocurrencies / Speculation (Altcoins) / Re: if the bear market starts next month on: March 11, 2021, 04:13:12 AM

I am ready for all kind of markets but i do not see serious bears market atleast till the end of this year and it is highly expected that the upcoming months will bring refreshed bull market with big moves and Eth could lead the show with scalability solutions launching in july.

Tbh, I agree, no obvious sign of bearish, even bitcoin still going strong, although I know it very well that a bearish could happens any time and the dumping could happen in a flash but see bitcoin, although people already imagining that it'd go bearish a few weeks ago the time bitcoin drops from its ATH it's about to hit ATH again or beyond.
2893  Economy / Economics / Re: Tweets as Non-fungible tokens (NFT) - Dorsey's million dollar tweet on: March 11, 2021, 02:28:42 AM
Is it possible that in the future there gonna be a market where people could sell tweets and the like for ads aswell?  Roll Eyes just trying to get that very little share of what celebs got from endorsement LOL.

If in the future there gonna be an ads platform that instead of being managed by some company we have the leeway and freedom of auctioning it in some decentralized platform thats gonna be great LOL.
2894  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 10, 2021, 11:44:08 AM
There are actually more individuals that are successful in trading. Traders are using technical analysis and have a basis on their trades. I am assuming that VIP groups are a signal group that most likely is using technical analysis on their signals. Losses are inevitable in trading, and losing doesn't mean you aren't successful, It's one of the obstacles in gaining winning trades.
Definitely agree I still believe there are many individuals who really good at analyzing and not just throwing speculation though I also still believe that most of the money that flows in to the market go straight to some big players' pocket since they have the biggest capital here and could manipulate the market at their will, just remember the gamestop cases. needless to say I also have seen some people that think of themselves as trading gurus being influental in social media and all but they do that for making money off refferal and such.
2895  Alternate cryptocurrencies / Altcoin Discussion / Re: will Binance be the next Ethereum? on: March 10, 2021, 11:18:45 AM
Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.
In fact, I currently feel that Binance has grown a lot faster than Ethereum. however, people still use ethereum for some reason. maybe because of its promising prospects, and the coin is already widely used today. however, the continued development of binance would have placed its position on par with ethereum if ethereum had slow progress. that is my current opinion.

Really hoping that the ETH 2.0 full implementation gonna fix this scalability problem once and for all. it doesn't make sense for a blockchain that supposed to be "cheap" for sending transaction turns out to be quite "expensive" , I do agree though ETH development feels really slow, even waiting for gas price to settle might takes eternity it's just far behind binance's coin in term of development.
2896  Economy / Economics / Re: Did tesla's $1.5 billion bitcoin purchase negatively affect their stock price on: March 10, 2021, 09:44:22 AM
And there are some who have advised Tesla to dump their Bitcoins in order for the stocks to recover. For me, there are some factors behind the dump of Tesla stocks because of purchasing $1.5 billion worth of Bitcoin. In my opinion, either the whales are “playing the game to buy more at their target discount price” where some Tesla holders are going to panic sell, or there are Tesla stock holders who aren’t fans of Bitcoin and start selling or dumping them because of Tesla’s interest on it. That’s just my opinion though.

Or maybe most of investors just think that with tesla's investment to bitcoin it could add more risk to the company's portfolio. It's all just wild hunch though but I don't think by investing in bitcoin it could ever make Tesla goes bankrupt but I think it's gonna be quite the opposite, remember when spaceX a company of elon musk also deemed to be a huge failure but it turns big rn.
2897  Economy / Economics / Re: Bangladesh militants use Bitcoins for laundering money to Kashmir on: March 10, 2021, 07:22:59 AM
This thing should be expected, many cases of money laundering out there and traditional paper money is the most used currency for laundering money, bitcoin might be hard to trace but it's not entirely untraceable and the launderer track gonna be forever kept in the blockchain but paper money trace will just vanish into thin air, it's just whether they are capable or not, not because the currency's fault.
2898  Alternate cryptocurrencies / Altcoin Discussion / Re: TRC 20 is secure as ERC 20 ? on: March 10, 2021, 04:58:17 AM
I have been using TRC 20 for quite some time now and up to this point i have not had any problems but using usdt as a way of storing for a long time isn't the best idea. The price once fell to 70 cents per coin who knows what might happen in the future...

Do you mean usdt ever fell to 70 cents per coin? that sounds unbelievable tbh and considering many people out there always trying to get some profit from margin between many exchanges price it's impossible and if even that's true the price gonna go back up to its normal price again which is 1USD. Maybe that's just a chart error on your end?
2899  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance as the third largest coin on: March 09, 2021, 10:54:45 AM
This is indeed a reality if we see today that Binance has experienced a fantastic increase. If we observe the increase that has occurred in BNB today, it is indeed quite large.
some other altcoins did go up, but in terms of market capitalization, BNB was even able to be in position 3. Do you also think the same as me that in the next few years BSC will be able to compete with ethereum?
Indeed, if we look at BNB and Ethereum at this time, it will become a competitor. The strong reason the two will compete is because the current BNB is even though the platform is still new to Kumunitas and also the Token in the network is also high. The data shows that the graph of the increase in BNB is quite fast every day. yeah, both of them will compete later. BNB offers low fees but fundamentally remains high ethereum

The gap between both of the coins in term of market cap still too high, BNB better get far ahead of cardano first before competing with Ethereum because it seems the #3 position keeps on changing, you could say that if BNB market cap is not even half of ethereum the competition won't be happening. Not to mention the gap between BNB and all the top coins behind aren't that far ahead.
2900  Alternate cryptocurrencies / Altcoin Discussion / Re: Crpto investment in 2021 on: March 09, 2021, 10:05:55 AM
If we really want to be rich, we must choose to invest in crypto to get big profits. Because investing in crypto is indeed the most promising compared
to the profits provided by other assets. So I continued to invest in a few coins that I really considered potential and could generate profits. To be sure
I always choose coins that are included in the top 20 crypto, which according to the results of my analysis and research that the price of coins that
are included in the top 20 crypto will continue to rise in 2021.


not all crypto assets can provide profit, sometimes you can lose because you choose the wrong coins to invest.
I tried trading on swap a few days ago and within a few hours my assets were minus more than 50%, maybe because I didn't pay attention and also the chart on dex didn't look so based on supply and demand.

A coin with relatively low trading volume usually "that volatile" not to mention when the coin is lacking liquidity in exchange buying those are just the same spelling your own doom.
However, I could say that the top coins based on market cap usually profitable enough for most of people so if  you still somewhat lacking knowledge about the nature of new coins you can just stick with the old and top ones.
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