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2921  Economy / Service Discussion / Re: Mechanics of Crypto Exchanges on: July 20, 2021, 03:14:09 PM
Are you possibly going to create your own cryptocurrency exchange?

Based on your question, you are most likely with software and you need to contact developers for that. I'm not sure how you are going to achieve that on your own but what I can think of that can help is that
  • Trading software
  • GUI of the site
  • Wallet and cold storage
  • Admin controls
2922  Economy / Trading Discussion / Re: Trading is not a Game . on: July 20, 2021, 02:51:04 PM
That only happens when a person goes into some investment blindly and completely throws away money towards other traders. Yes, at the start, you have that beginner's luck that you have, and you, as a person that is a newbie, expect the same results all over again. And that's when the spiral starts, and you are now on the trail to lousy luck and money burn.

There are plenty of ways to learn, and you just have to be willing to put in the time and effort to learn.
2923  Other / Off-topic / Re: It's Take Time to perfect your SKILLS on: July 20, 2021, 02:30:38 PM
I don't think there's a "master poster" It's always going to be evolving and improving, but not the way you think about it. I guess what improves is the person posting. It's the way he thinks and then translates into the post. Grammar is always tricky, especially if it's not your native language or not learned early on, but it can be considered a skill.

The best way to think about this is that people improve, not necessarily the "posting style" but how they are delivering their specific message.

Think about it this way, if there's a person who posts at short length but is precise with the idea he wants to deliver compared to someone who posts a lot of jargon, making it hard to read and confusing when reading about it. Who's better? For sure, it's the former.
2924  Economy / Trading Discussion / Re: How to profit from crypto arbitrage trading on: July 20, 2021, 07:49:03 AM
The most difficult part is the time it takes for one person to analyze the current order books of one exchange buyer and another exchange, and then make two simultaneous transactions before these books change.
It's the reason why bots like Gunbot are being developed to make sure that Arbitrage trading is profitable and easier compared to doing it manually. Besides, in this crypto market, you can never follow the movement on different markets simultaneously unlike bots.

Arbitrage risk is too large, it is much greater than the risk of trading, sometimes due to congestion and delays in transferring your assets or your coins to other exchanges.
I don't think you understand arbitraging if you think that the risk is large. There are different ways that it can be done whether it's intraexchange or interexchange.
2925  Other / Meta / Re: Plagiarism: Where Do We Draw the Line? on: July 20, 2021, 04:39:34 AM
You know it's highly unethical trying to copy someone else's work and pass it as your own. No matter what industry you are in, whether you are in scientific research, agriculture, energy industry, or any kind of industry that users write a bunch of stuff. There's already a line and that's creating your own or copying one exact point on it. Unless you are going to point the credits or reference towards the original writer.

It's basically a form of theft. Is it ethical?
2926  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top Cryptocurrency Projects to Watch Out for in 2021 on: July 19, 2021, 11:22:43 PM
because I think my favorite cryptocurrency is very popular, so the price can definitely increase very high and profitable to be used as a long-term investment.
Of course! Those are the ones you invested in. They are the top-performing coins and altcoins this year. I pretty much expected that people would invest in these coins instead of following the suggested coins on the site here. There are a lot of things that went back down to, too, though.

How many percentage did you profit on it?
2927  Alternate cryptocurrencies / Altcoin Discussion / Re: Art NFT projects confusion on: July 19, 2021, 04:17:49 PM
There are several reasons why people are willing to pay high prices for these types of art. That has always been happening, even before the blockchain revolution that we have now. If you have heard of art auctions with millions of dollars being paid, that's almost the same, and that's just my opinion on it.

I remember watching an interview done to Metakovan that bought the $69 million art piece. He aims for the virtual world that he created that everyone can see and can own a part of it in this virtual world. I'm not sure if, IIRC.

When people have enough money, they can do whatever the hell they want with it.
2928  Alternate cryptocurrencies / Altcoin Discussion / Re: Muyan66 destroyed many Filipinos? on: July 19, 2021, 05:52:18 AM
So this was a ponzi scheme? If so then I dont think anyone other than the investors are to blame for their folly. This is 2021 and even today we see scammers put up ponzi schemes and pyramid ventures and each of them are known to be scam. But still someone invests in it hoping to be at the top and exit before others can.
This is definitely a Ponzi scheme that aims to make the people at the top richer and make it look like everyone will profit from it. Waiting for this to pop and it has. I can't believe that people are still doing that. And I remember last year that a viral company circulates in social media that shows that they are "profiting" from investing. The catch is, you need to invite other people to invest.

I dont think we can change the mentality of every person here, my friend. It is sad to see indeed that many of our efforts have been in vain trying to expose ponzis but with no luck.
Everyone has their big letter G in their heads that shows they want more money the easy way.

Following this I think you all should gang up for filing a legal complaint.
I hope they have a group where many investors to this Muyan66 collectively file a complaint. I'm not sure if they are going to, though.
2929  Alternate cryptocurrencies / Altcoin Discussion / Re: Delete token in exchange on: July 19, 2021, 04:03:47 AM
If you are trading in a reputable exchange, they wouldn't delist it right away. (Delisting is the right term to use instead of delete)

For example, I remember having an email and it includes this:
Quote
You are receiving this message because you hold a balance in XBC, VRC, NEOS, GRC.

We want to remind you that you have up to and including October 25th, 2018 at 12:00 ET to withdraw any balance of XBC, VRC, NEOS, GRC.

If your balance of XBC, VRC, NEOS, GRC is not withdrawn by this time, it will be archived and no longer offered for withdrawal. We urge you to withdraw as soon as possible.

To withdraw your assets, please visit the Balances page of your account and provide a withdrawal address for the currency you wish to withdraw. We will send another email reminder in the coming days leading up to the deadline. For more information about the delisting process, please visit our blog post. We greatly appreciate your support.

At least, with this, you would be able to put it in your wallet and keep it safe. I'm not sure but I know they stop trading with the coin if they are going to delist it.
2930  Economy / Web Wallets / Re: Does blockchain.com refund stolen funds? on: July 19, 2021, 03:41:05 AM
If blockchain.com causes the cause of this hack or stealing, they are surely required to refund the funds to their users if that happens. But if the user is the one who is at fault, it's definitely not going to be given back. Just like what mk4 said, there's no reversing of the transaction.

If it comes to this, I suggest reporting it to support and ask for cybersecurity assistance to know how you got your coins stolen, etc.
2931  Alternate cryptocurrencies / Altcoin Discussion / Re: Muyan66 destroyed many Filipinos? on: July 18, 2021, 04:43:43 PM
Sadly, Filipinos were the majority to fall into this type of scam. They are continuously getting victimized by this just because of the possible greed and want to get "easy money." It's possibly the mindset of everyone, and yes, some people were able to benefit from this, and they are the ones on top of the pyramid or the earliest investors to it.

The FUD is real and spreading more information, and a factual one would help each and everyone who learns about it.

The idea of being skeptical is better than getting scammed.
2932  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy some low cap coins on: July 18, 2021, 04:30:23 PM
It's fun to take risks if you have extra money lying around and it's not creating an income flow to you. It's best to take advantage of what you have and build more on it and if you have time to research the coins that you have laid out here, OP, then invest in it.

What coins did you choose here? Did you invest in these coins?

The coins that I'm quite familiar with are
  • MATIC
  • ZIL
  • SIA
  • BAT

These are the coins that I'm quite familiar with, whether here or in the market to see that top gainers and losers, etc.
2933  Economy / Gambling discussion / Re: Nigerian government changing the state of lotteries on: July 18, 2021, 04:16:02 PM
Exactly that is what i also seeing this in future, Nigeria will make it one of the best gaining in gambling once this become reality.
Shouldn't you worry about how this is going to affect the culture and the behavior of the citizens? It's quite hard to think about but it's needed because the effect of having the opportunity to gamble can make some people get addicted to it and forget everything that they are building for. This should be done with other regulating bodies that would make it controlled when it comes to this activity.
2934  Bitcoin / Bitcoin Discussion / Re: What's causing the decline this time? on: July 17, 2021, 05:25:12 AM
I think it's part of humans' reaction towards anything. Imagine that cryptocurrencies are being used so much during the early stages of the pandemic. It just accelerated the growth of cryptocurrencies adoption, and now that we had reached a new ATH. It just keeps growing, and there would be lying low of the buying pressure and some investors taking profits. I think it's just a usual thing being humans. Lol.
2935  Alternate cryptocurrencies / Altcoin Discussion / Re: TLM Coin Pumping. Why? on: July 16, 2021, 02:01:22 AM
I remember TLM being airdropped for staking BNB, but it's not that much (depends on how much you are staking). There are a lot of coins that are up-and-coming with regards to play-to-earn games. I think that's what's currently happening with these tokens.

It will depend if you are going to play it or something. It's fun to play and think about earning at the same time. This would really revolutionize gaming.
2936  Other / Meta / Re: Revising Donator/VIP Roles Prices on: July 14, 2021, 08:45:59 AM
This is probably not going to happen or ever. I think it will stay the same. This forum is Bitcointalk, so all Bitcoin, right?

For reference topic: https://bitcointalk.org/index.php?topic=5038549.0
2937  Economy / Trading Discussion / Re: 5 Tips for Trading from Beginner, For Beginners. on: July 14, 2021, 08:34:36 AM
Wow. Not bad. As long as your result is positive, why not?

Do you have the actual trades that you have done? Like putting it in excel? I suggested this because this will help you remember what you did correctly and what you have lacked in your losing trades.

Anyway, I hope you continue to profit with this market.
2938  Economy / Trading Discussion / Re: 5 Tips for Trading from Beginner, For Beginners. on: July 14, 2021, 07:54:01 AM
Congrats on getting your trading started. A lot of people have taken this road and only a few are successful because of the trading disciplines that a person has.

BTW, do you have your performance recorded? With your current PNL ratio? It's a great tip to remember what you have done correctly and what didn't.
2939  Bitcoin / Bitcoin Discussion / Re: Identifying Satoshi Would Be a BAD Thing on: July 14, 2021, 05:13:28 AM
It's either he or she is already identified and it's not just news that is for everyone. We can all theorize on what could and couldn't happen with this theory but we all know that we cannot verify this and even if someone steps up to get the limelight, it's still not going to be possible to verify it unless you sign it with satoshi's address.

So I'm now thinking, why are there some people claiming to be him when it's not clearly him? Those possible allegations could have stopped imitators but they still get into the spotlight and want to be known for being "satoshi".
2940  Economy / Trading Discussion / Re: If you aren't reading you shouldn't be trading on: July 13, 2021, 10:53:03 PM
There are reasons why some traders just go and trade without any constraints and just treat trading like gambling. It's almost always because of the envy of other traders that they see and want to imitate their gains and don't want to go through the process of learning. I recently read something about maturity when it comes to trading, that you need to be mature enough to know when to trade and not just risking your capital every time.
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