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2981  Economy / Economics / Re: How many bitcoin is enough? on: April 13, 2022, 06:45:51 PM
Totally different on what we are aiming in speaking about decentralization and with just seeing into its features you could really see the differences.

CBDC has never hinted at centralization, especially when we talk about central bank products. CBDCs want their niche in digital currencies and payments, but they cannot compete on an equal footing with real cryptocurrencies. Why do I need CBDC when I can pay for everything with bitcoin? The only way to get people to start using CBDC en masse is to ban bitcoin and other cryptocurrencies, thereby establishing complete control and monopoly in the digital world.
2982  Alternate cryptocurrencies / Altcoin Discussion / Ethereum will switch to PoS in Q3 2022 on: April 13, 2022, 06:39:53 PM
Ethereum may switch to PoS as early as Q3 this year. The source of this assertion is a post by an Ethereum developer on Twitter:

https://twitter.com/TimBeiko/status/1514010098145759232

Quote
It won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum

I wonder if this prediction will turn out to be correct or if there will be new difficulties and PoS will be postponed again. This time, though, the developers are determined, Tim Beiko even recommends not investing in new ETH mining equipment anytime soon. Will PoS be launched this year after all?
2983  Other / Meta / Re: List Of Inactive Merit Sources [Former?] on: April 13, 2022, 01:11:52 PM
SourceName|__Sent Merits__|Inactive For|

TheFuzzStone|538|575 Days|

TheFuzzStone has bid farewell to the forum. He wrote about it in this thread Всем спасибо, всем пока.

"Thank you all, bye to everyone.", - he wrote.
2984  Alternate cryptocurrencies / Altcoin Discussion / Re: Is NFT's hype over? on: April 12, 2022, 07:17:41 PM
NFT arts is still in its hype phase when you see some ordinary looking images sell for millions of dollars. Have you read about the women with long necks drawn by a 13-year old? She became a multi-millionaire because of that.

That viral video of Aftican men dancing while carrying a coffin on their shoulders was also sold for a million dollar.

The main wave of useless NFT pictures passes and only famous projects or NFT projects with backgrounds, like your example with dancing coffins, remain. Such NFTs will continue to appear, I do not claim that there will be no more events in the NFT field and there will not be large and expensive lots. There will be, undoubtedly. But it can hardly be called a hype. A hype is when a huge number of unique addresses rotate in the industry, when trading volumes grow, and when the minting of new tokens breaks all records. But the end of a HYIP does not mean that there should be no major releases in the market now.
2985  Economy / Economics / Re: Gold , Silver Or Crypto? on: April 12, 2022, 07:12:03 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in three assets as a diversification. But I would prefer to invest in cryptocurrencies. Gold has turned your $1,000 into $950 or so in 10 years. Count what bitcoin would have turned your $1,000 in the last 10 years into. You would be a millionaire. I realize this is all FOMO, but digital gold looks a lot more attractive to invest in than physical gold or silver.
2986  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin question and answer better option to earn money in crypto on: April 12, 2022, 06:48:14 PM
too many people experience losses in finding and choosing crypto trends, indeed this is a little risky if you are not careful in this kind of thing, one step you must pay attention to is that you have to focus on looking at the market trend and observe it carefully, don't let it fall. you are one of the majority of people who are experiencing losses in terms of this crypto trend, so focus is really needed here, and with that step many of you are making money in the crypto trend.

I would add that most people don't even search for crypto projects. Most people, especially those who are new to crypto investing, pay attention to projects which are on the earliest pages of websites like coinmarketcap. And using such methods of project selection they want to earn big percentages, they think that these projects can bring them x100-x1000. In the first case, the projects that many people talk about, including various bloggers, will never bring the desired profit, and in the second case, the desired x100 has already happened. Projects that are on the front pages have long since made the pump and earned their investors a lot of procents.

People think that the more famous a project is and the more it is in the limelight, the better it is suitable for investment. But in fact the opposite is true.
2987  Alternate cryptocurrencies / Altcoin Discussion / Re: No condition is permanent in crypto on: April 12, 2022, 06:33:33 PM
Same Old feeling  Grin

When the Bull market comes it always feels like it's here to stay and many ends up believing that there is no such thing as a bear market.

When the Bear market comes everyone feels like it's over for crypto and no Bull market is coming again, maybe because got tired of holding on and on.

In the crypto space no condition is permanent, get ready for both sides because they are inevitable.

Congratulations, you have told what has already been discussed 1,000,000 times in this forum. Cheesy Well, let's discuss it 1,000,001 times. Nothing in the crypto space is permanent and everything in the crypto space comes with risks. But there are times when a project can have a constant growth, which is replaced by a correction, like bitcoin, and there are projects that grow only during a certain period and then go to eternal correction and never rise to the same heights again. For such a case, you can think of examples of 2017-2018 coins that died at the time. But people thought they couldn't go down all the time and when the rise would come, you just had to wait. But it never did. And it will never come again.
2988  Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing Starlink Inu on: April 12, 2022, 06:16:06 PM
~
Sounds like the website was uploaded/hosted in the wrong way, since you need to click public folder before you can reach their actual site. Good job for the devs, kappa. Cheesy
Same thoughts as your of it being a questionable project. I saw another Inu variant last month and now we're getting another one.
It is pretty much a project attempting to milk this hype for sure.

This is a project that was released raw to the industry. All of these factors indicate that the creators did not bother to test their product for readiness and performance, as well as pay attention to the originality. The rush is clearly not good for the project, which, apparently, was created for the earliest profit on a well-known name.
2989  Economy / Economics / Re: How many bitcoin is enough? on: April 12, 2022, 06:12:52 PM
In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country.  In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency.  In a situation where the world is split, Bitcoin will flourish. 

Mankind needs world money, it needs a standard of value.  Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other.  And Bitcoin is simply designed to operate in a trustless environment. 

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.
2990  Alternate cryptocurrencies / Altcoin Discussion / Re: Fall of BTC open the opportunity to buy alts on: April 11, 2022, 08:14:07 PM
If bitcoin falls to these values, then all the altcoins you listed will collapse after it. The whole market will collapse. If you think that when bitcoin falls that much, the altcoin market will be up and bullish, you are dead wrong. Altcoins will fall even further at this bitcoin price, and many new projects will die altogether.

The transfer of funds from bitcoin to altcoins has a short effect and not always. More often than not, bitcoin market pulls all altcoin markets to the abyss.
2991  Alternate cryptocurrencies / Altcoin Discussion / Re: Is NFT's hype over? on: April 11, 2022, 07:56:11 PM
It's too early to define the failure of this segment.

And why the failure? I was talking about the end of the hype, not failure. I'm not saying that NFT is a failure, but it was heavily littered with spam when everyone wanted to make easy money from the industry. Remember DeFi hype. In the beginning there also were a lot of meaningless tokens which only had the goal to make money from the HYIP. Now that the hype has passed, there are projects that have some real product instead of empty promises.

I think something similar will happen with NFT and only quality products will appear in this industry now.
2992  Alternate cryptocurrencies / Altcoin Discussion / Re: Which alternative smart contract platform is best? on: April 11, 2022, 07:28:54 PM
Ethereum killers were, are and will be. But so far no one has managed to do it. But at the same time I am not trying to choose the best platform for smart contracts. All of the competitors you listed are good, each has its own advantages and disadvantages. To interact with the crypto industry, you can use all of this list, for each of them has its own good projects, and cross-chain bridges allow to conveniently interact with these platforms.

As for Ethereum itself, I think it will remain the #1 platform for a very long time. It's like bitcoin, only among altcoins.
2993  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins To 10-100x This Year on: April 11, 2022, 07:14:19 PM
Although the forecasts of these experts are not always 100% correct, I understand that the simple fact that a youtube channel with millions of views suggests that the price of a cryptocurrency is going to rise...it is almost certain that it will rise at least for a few hours after the video is published.

I consider better strategy to invest in these coins than for example in coins with more liquidity but it is very difficult to make a x10 ... especially having the option to put a stop loss to limit possible losses ... what do you think?

Investing in coins that YouTube channels talk about is a bad idea. No, it's a terrible idea. No normal investor would ever invest in a project just because someone on their blog said it's a really good coin. The main point of these blogs, where they share signals about promising coins, is for you to buy these coins and make liquidity to those who have already bought these coins. It's a kind of version of the old Pump-and-Dump scheme, only using famous bloggers.

Real x100 coins no one will ever reveal until they need to be heavily propagated. People think bloggers help make money, when in fact they are trying to make money off their audience.
Sometimes I wonder why something this obvious escapes most people, finding a coin which can make a huge movement like that is the dream of any trader, someone which in theory could do such a thing consistently does not need to share that information with anyone, so if anyone is willing to do so then there are only two conclusions I can think about it, the first one is that somehow this person does not care about his efforts being wasted and they are willing to share that information with everyone or they are just trying to get more people involved in the project which they are supporting, so they can earn more money.

There are no benefactors in the crypto industry who are willing to help all people get profits. The primary goal of such stories about a project is to make money for oneself. First of all, the task of anyone who is trying to publicly tell everyone about a new super project is its own profit or referrals for new arrivals to the project.

When you invest in a project on someone else's advice from public places, you are not an investor, you are a liquidity provider for such people.
2994  Alternate cryptocurrencies / Speculation (Altcoins) / Re: COTI to 1000x in 5 years? on: April 11, 2022, 07:10:52 PM
The project has already given x60 for the year. And this is on the wave of crypto market hype, when everything was growing and bitcoin reached 69,000. Of course, by the next bullrun cycle this project can seriously upgrade its ATH, but to reach x1000 it will need to raise a lot of money. If its maximum offer is 2,000,000,000,000 tokens, the circulating offer is 1 billion, and the target price at x1000 should be at $10, then the capitalization of the project would have to raise about $10 billion. This is the capitalization of a NEAR-level project, with its own blockchain and advanced ecosystem.

COTI is unlikely to reach such heights in 5 years.
2995  Local / Альтернативные криптовалюты / Re: [ANN] BITGESELL - Средство сбережения, прожиг 90% комиссии on: April 11, 2022, 01:48:00 PM
кто-нибудь может перевести на английский

can anyone translate to english

Что вы имеете ввиду? Что вам надо перевести?

What do you mean? What do you need translated?
2996  Alternate cryptocurrencies / Altcoin Discussion / Is NFT's hype over? on: April 10, 2022, 08:54:51 PM
Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?
2997  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin continue to have the same effect on alts? on: April 10, 2022, 08:40:44 PM
What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

I think the correlation of bitcoin price movement with the altcoin market will continue. It has already become like the backbone of the crypto market. Bitcoin has a primary influence on altcoins, and also serves as a kind of hedge for crypto investors. For example, when bitcoin goes down, altcoins go down in value, when the price of bitcoin corrects, many investors pour their liquidity into altcoins. When bitcoin has a major price crash, it pulls the altcoin market with it.

This direct interaction mechanism will continue. It is also worth considering that on cryptocurrency exchanges, altcoins are traded in tandem with bitcoin. This also imposes a certain imprint on the correlation of bitcoin market with altcoins.
2998  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto becoming centralized? on: April 10, 2022, 08:36:45 PM
Full decentralization is more of a myth than a reality. Even decentralized services are essentially centralized, and they are subject to regulators, they block access to different jurisdictions. So what kind of decentralization can there be after that? The crypto industry is slowly coming to full centralization. More than 100 countries in the world have already adopted the necessary regulatory and tax laws to help the crypto industry. Now there is a trend to de-anonymize all transactions that exceed a certain limit. KYC and AML are everywhere, exchanges are cooperating with governments, Chainalysis has learned to track addresses and belonging to a certain geolocation and identity.

This is the future of the crypto industry, complete control and regulation.

Why then can it be needed if bank system is faster, is widely adopted, is easier to use? If crypto becomes centralized it'll stop being an alternative to centralized bank system and will lose all advantages it has. CBDC is not crypto and would be just a little branch of fiat system. Crypto can be decentralized only, all it's sense is to be an alternative financial system where everyone can manage their money by own will.

I think it is a conflict of interest. In all respects, cryptocurrency is better than the old banking system, but because of the use of leverage and restrictions by governments and banks, cryptocurrency will try to be as similar as possible to banking, with the same centralization, regulation, and ability to impose sanctions on assets. I understand that the nature of cryptocurrency excludes all these methods that come from traditional finance, but an unregulated and decentralized cryptocurrency threatens this whole system, so they will try all kinds of methods to break and restrain it, centralizing and de-anonymizing crypto users as much as possible. Look at the latest trends: continuous bans, legislation on disclosure of information about crypto users, leaks of data from exchanges to governments, expansion of regulation and taxation. It's just like the banking sector.
2999  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter on: April 10, 2022, 08:01:34 PM
Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

Judging by the dynamics of the community response to tweets of Ilon Musk, people are beginning to gradually realize that all this is the usual market speculation and that the price of DOGE after approving statements of Ilon Musk does not hold at its increased values and begins to fall, and therefore begin to lose money all those who have believed in these speeches of Ilon Musk. The last 2 news well showed the true demand for these coins. The demand is not as high as the hype that Musk is trying to create around this coin and Tesla. In any case, the fate of DOGE is not particularly important to him, the main thing is Tesla and everything associated with it.
3000  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's the $500 for? NFT or Coin! on: April 10, 2022, 07:09:35 PM
I'm confused about choosing to buy NFT or Coin. Ask for advice in terms of benefits. Thanks for the advice, I wish you success next year.

The value of NFT is too subjective. In the long term, projects like NFT (with the rarest of exceptions) should not be in your portfolio. Right now, these projects are mostly used for ordinary speculation and nothing more. People buy their own NFTs from themselves to create an atmosphere of demand and interest around them. Maybe if you decide to invest in some NFT project, you too will be sold such a pacifier.

Invest in established protocols that have their own blockchains, ecosystem and strong community.
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