I reported the member SomeJasonGuyI reported his plagiarism https://bitcointalk.org/index.php?topic=1926895.msg55094615#msg55094615Days later I checked his profile, no ban. Checked his topic: it was deleted. I did not archive his plagiarism. Username: SomeJasonGuy Profile link: https://bitcointalk.org/index.php?action=profile;u=1567923A merit beggar and spam, plagiarise after receive first merit. Plagiarism: https://bitcointalk.org/index.php?topic=5272362.msg55093174#msg55093174Compound
Compound is one of the leading DeFi companies today. It’s token saw massive price gains soon after it was offered to the users of Compound. A user can immediately start earning interest on their crypto assets by contributing to the Compound’s liquidity pool. The interest rates fluctuate depending upon the supply and demand of respective cryptocurrencies. As of August 19th, 2020, over $800 million is locked-in under Compound protocol.
MakerDAO
MakerDAO currents hold the largest market share in the DeFi sector with over $1 billion in assets. MakerDAO is the most recognized player in the DeFi market. A user that knows about DeFi would have heard about MakerDAO too. It is a credit platform that is fully decentralized. It’s DAI stablecoin currently ranks among the most used stablecoins in the market.
Uniswap
Uniswap is a fully decentralized exchange. However, it is different from the other decentralized exchanges as Uniswap leverages liquidity pools. Users on the platform receive rewards for providing liquidity to the Uniswap protocol. They are rewarded with a share of the fees that Uniswap earns after each transaction. So far, the Uniswap users have locked in over $100 million in the Uniswap liquidity pools.
Dfinance
Dfinance is an innovative and unique project which is blessed with a renowned and experienced team that has a track record or integrity and excellence in the cryptocurrency space and is committed to the success of the project. This project has quite a few innovation features and I personally liked their wallet and interface a lot. They also claim that you can create your own financial instruments which seems very interesting.
Bancor
Bancor is a non-custodial DeFi platform offering users a way of swapping the crypto coins without the need for a centralized trading service. The DeFi platform also offers smart tokens to its users to increase the liquidity in the protocol. Currently, Bancor has so far accrued more than $11 million in crypto.
Copy and paste from the article: https://cryptocoinchance.com/2020/08/06/top-defi-projects-to-watch-in-2020nownodesthe-capital-medium/ |
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My proposal Topics of members who were permanent banned should be locked after their bans go effects. If topic creators won't be able to come back to post, reply, update OPs, is it needed to keep their topics open for others? A few explanations for my proposal. - Plagiarisers: are mostly spammers and their topics mainly have low quality. - Posters participate in low quality topics are mainly spammers. The warning can not be enough to stop spammers.
Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.
Topics of permanen banned members can be kept to open for 120 days and will be locked if no one make posts in for 120 days. |
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My story is I lost my money because I don't back up my seed for by bitcoin wallet on blockchain.com.
I made another stupid loss when I did not write down my password for my altcoin wallet. I did not write it down because back at those days, I logged in that wallet everyday so I did not see reasons to write the password down. After that, price is down and I was tired, not log in wallet everyday. In fact I did not log in after 2 or 3 moths. When I came back, I forgot the password and can not get it back from my memory.
I know altcoin is shit from that lesson and the more stupid is that wallet still has values about 0.05 BTC. It is altcoin loss but can be converted to BTC.
From 2 losses, I learn to:
- Back up seed.
- Back up passwords.
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If you find any similarity between DeFi projects and scam projects from the stake - masternode trend, please be cautious with your investment in DeFi group Define the (scam) DeFi. It is never late to wake up. |
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You can read How Many Bitcoin Forks Are There? You will be surprised!!! and stop to think any new coin that tries to reproduce Bitcoin will get success. Price falls 3 times from all that me high and it can call lower because volume is high. The price will stop its fall when you see low volume. |
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Defi is a scam/bubble by design. Nothing can grow to +5000% naturaly even in crypto
They will be back with bounces but scam is scam and scam projects will end with 0 value. Dead projects have 0 value on market. If you hold scam token for long you will no longer be able to sell it on market. No one buy token of dead project. |
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Defi staking is good, the only is how the way some project abused it by giving a crazy APY% like Sushi and AMPL Geyser and many more. This kind of over APY% is already a ponzi scheme. Yes you might get a high return on staking but the problem is the value of token itself. Due to many tokens added on supply from mining, the price of token dump tremendously and the interest you get on staking is not sufficient to cover losses.
But overall the idea of DeFi staking is good. The only problem was some project is abusing it just to create a short term hype on there project.
Define the (scam) DeFi. "Too good to be true" so it is not good actually. Only the early investors in DeFi and wise investors who invest in early days and have plan to cash out when price is high can get profits. They have clear plans to cash out and don't hesitate to wait for higher price to cash out. The temp promised too high profits from farm/ yield DeFi tokens is the same as stake & masternode coins in the past. It did not last long. Believe me, you will see the price of DeFi tokens when they are active traded fall to lower and lower. In stake, farm, yield, the rate of reward is important. You can check the advertisement on x10 rewards for early investors of SUSHI. It is a shitshow! Developer moved their tokens and dumped it is a terrible story. It is what we see but we don't know that developer buy some more tokens and farm in early blocks and cash out from anonymous address. We don't know and it is not strange if they do that. Today, the block reward is still x10. Be cautious! New rewards per block 1000 SUSHI
However, For the first 100000 blocks (~2 weeks), the amount of SUSHI tokens produced will be 10x, resulting in 1000 SUSHI tokens being minted per block. This is to incentivize early farmers and adopters of the protocol and to help in The Liquidity Migration™️.
https://coinpedia.org/news/sushi-dumped-still-a-good-gain-option/ |
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He moved his fund at 1000 Gwei for gas. It is the most terrible reaction to dump all his tokens and get cash. He can get double cash if he short SUSHI on Binance. The true developer will not react this way when market is dumped hard like yesterday. They can get money when price is pumping, no one cares but will the a dump and give his hands to dump more. I don't agree and as said DeFi scam is here. You can see the SUSHI reward is x10 for early investors that is another thing to make such investors dump their tokens. |
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Even though I am fully sure that many of this defi token is a scam, I am sure you know not only defi is currently bleeding but all the crypto too. If you can share the image of the top 100 cryptos on CMC. We shall see what befall many of them after the market correction. Maybe they will rise again or remain it is. It is also an eye-opener for everyone that this defi hype has started making them to think of investing in upcoming one
The market stops bleeding and you can enjoy the rally tomorrow. Only good DeFi projects can rally good and the bad ones will keep price at low and wait for other bleeding time. Sushi, it has x10 rewards for early owners so they will dump their earning and create pressure on Sushi market. Wait till the block reward falls back to 100 and at that time you can consider to join Sushi. |
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It is unfair for BSV, they will have to make a ban appeal to Twitter. I thank you because the report result shows Twitter reacts well to scam report and they deserve as a good place for crypto projects. Scam projects can be reported and taken down with hands from community. How Many Bitcoin Forks Are There? You will be surprised!!!. Many scam forks so would you report them all? Can you share what you used to report BSV, please. |
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Will DeFi change the world? Will DeFi change the financial and blockchain technology? Why too many DeFi projects are born in short period? Be woke with Define the (scam) DeFiForks, swaps, borrow names of initial coins or tokens, restructure of masternode collaterals (from initial low to later higher) are popular scam strategies of scammers. You can see in images attached in my thread Define the (scam) DeFi there are hundreds of scam stake & Masternode coins (I listed 200 zero value coins only) and many of them borrow names: DogeCash, example. I see DeFi projects are same as stake & masternode coins. The new scam DeFi projects are simply borrowing the DeFi hot word. Stake ~ Farm, similar too. Instead of use Ponzi, they used Lending to run their scam projects. Ponzi ~ Lending. ICO ~ IEO. They shuffle terms to scam more easily. |
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Hey everyone, I am newbie about bitcoin. I want to know Can i make $100 in Bitcoin under 1 month if i start with $10.
If you have such greed in mind, you will lose your $100 in one month. If you are not greed, you can increase your balance to $1000 at slot speed. You can get it after 3 to 6 months. X10 after 3 to 6 months is good enough. Like today, when the market is in blood pool and DeFi projects are the most bleeding tokens. https://defimarketcap.io/Sushi is down 50% and some others DeFi tokens are down 25% or more. If you invest in Sushi, you lose 50% of $100, then next time lose 50$ more and get $25 left. Keep your investment this way, next two failed investment you will have $25/2 = $12.5/ 2 = $6.25.  |
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In crypto, it takes 3 to 4 years to learn and be a pro trader. In your first 4 years, use small part of your capital to learn and accept any loss with your small capital. Since year 5, you can increase your capital if you feel you already understand the market and can manage your emotion well.
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