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3501  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Work algorithm is here to stay, do not be deceived on: January 22, 2021, 02:31:44 PM
The biggest part of Ethereum in the face of the whole world is it's POW algorithm, miners around the world have build their farms and rigs solely for Ethereum Ethash Algorithm only simply because it's the second best crypto coin and also it's the most profitable, I just hope that the EIP 1559 won't mess the whole thing up
It's not only about the miners. The ethereum core developers must also think about the buyers of ethereum. Miners are not only the parties that must get the advantage.
The buyers and holders are much more important than the miners.
Inflation will become the biggest problem in ethereum. Hybrid looks good enough to be used as the new consensus for ethereum 2,0.
3502  Alternate cryptocurrencies / Altcoin Discussion / Re: When Do You Take Profit From Your Altcoin Bags? on: January 22, 2021, 12:37:11 PM
To gain profits with the altcoin, wait for it to go through the 70% roadmap for the product to launch to the public.  The outcome of the project is in user value and free to use it.  not considering its initial value, you may lose your chances of getting 5x or more.
Yes, the initial value must be considered, especially for investors who buy at the beginning of the project launch, of course this will be an important reference for them before the product is launched to the public.
Anything is important and all of the factors were giving a contribution to the price of the token. People will be taking their profit when it reached their target and we can't argue this statement consider the majority of short-term traders will always be doing it but long-term traders will never try to think about that.
Im always taking the profit when it meets the target. Product is a very important thing to trigger people to create FOMO.
3503  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What are the factors you consider when trading alts on every crypto exchange? on: January 22, 2021, 12:34:42 PM
Hello community, I'm just a crypto newbie and wanted to know the factors that I/you might consider when choosing the right crypto exchange (CEX or DEX) especially when trading altcoins.

I know most of you will suggest those top tier exchanges,although I am open for suggestions but the real question here is what makes them special and stand out?
Is it the number of alts on their exchanges? number of users?  Huh etc..
It should be the liquidity and volatility.
If the exchange site has very big liquidity and then it can also provide us volatility. The major exchange sites have very big and that gives a guarantee to its users to be able to liquidate their crypto instantly.
This is the most important thing that must be considered by the traders. The numbers of users are also increasing the liquidity too.
3504  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What will be the price of Doge Coin this coming week on: January 21, 2021, 11:16:15 PM
What will be the price of Doge Coin this coming week?

Anyone?
Any idea?
It will be dumped again along with the bearish trend that's happening with bitcoin. Bitcoin is also facing another difficult time. So many holders were doing sell off to the market. It doesn't matter how much bitcoin being loaded by grayscale but if there's no strong support and it might go down below 29k very soon. This will be making a very big impact on the price of doge

https://coinmarketcap.com/currencies/dogecoin/

See? bitcoin dump and everycoins are following it
3505  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ETH break it's ATH? on: January 21, 2021, 11:19:19 AM
ETH has crossed 1400 mark and now it is on the way of 2000.Like Bitcoin Eth is ready to create its new Ath with in couple of Days.I think in this month ETH will set new record.
Ethereum already created a new record and this time it's very bearish. Ethereum will be going back again to the below 1100 when bitcoin will be dumped to the below 30k.
What you need to see the latest chart from ethereum and you can see what value that already achieved by ethereum as the new ATH.
This time bitcoin is starting to go to the bottom price again. Ethereum will not touch another ATH anymore until the next bullish trend.
3506  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think DeFi season is going to be just like Altcoin season? on: January 21, 2021, 11:07:22 AM
Smells a lot like 2018 doesn't it?

It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception Smiley
DEFI and altcoin seasons are the same. Both will be increasing when the market turned into bullish mode. There's no reason to differentiate the altcoin and defi bullish trend.
As long as the bitcoin keeps bullish and both will be increasing at the same time. We have experienced that so many times dude and i guess people know it so well too.
It's just a matter of time until we will see bitcoin enters the key point to get another big correction again.
3507  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Etherum overtake bitcoin marketcap? on: January 21, 2021, 10:53:08 AM
How long until this happens?
no one knows about that dude. Ethereum needs at least 5x increase to be able to surpass the bitcoin marketcap. That being said that if ethereum is quite impossible to make happen. This time bitcoin is facing another drop again.
Just hope bitcoin will go to the bottom and ethereum can still sustain its position.
I know that's impossible to happen.
3508  Alternate cryptocurrencies / Altcoin Discussion / Re: BIG questions about polkadot on: January 19, 2021, 03:20:09 PM
I have some BIG questions about polkadot, I hope someone can answer them.

1. The top 10 richest DOT addresses have more then 1/4 of total DOT supply. I don’t call this a decentralised cryptocurrency because of this reason. But who controls them? Can they create a massive dump whenever they please?

Im not sure about this but that's probably the team or exchange site's address. You know that if all of the amounts will be collected by exchange the site's address from the users.
2. How can they offer a +10% staking rewards when already 9/10 of total supply is reached? How is that sustainable? Will staking only be available this year? Will they create more coins out of thin air?

Week ago price was $9.36. But now it became $17+ out of nowhere without any project announcement. So my take on DOT is pump and dump kinda coin. A very risky investment for the long terms.
I have been seeing on so many POS platforms if there were tokens that is allocated as the reward for the community. It could be that CMIIW

3509  Alternate cryptocurrencies / Altcoin Discussion / Re: Why difference in Transaction fees on: January 19, 2021, 03:08:48 PM
of course different, because the network used is also different,
if you use Ethereum the transaction fees can be expensive and can be cheap,
but if you use the Tron, Waves, Doge network the transaction fees are not too expensive.
Did you read it before? he was using tron from the different wallets and try to create a comparison between both wallets to be used to create the transaction and then the result was different.
I guess the klever wallet was charging the fees. So many wallets are also doing this too.
OP must-read FAQ before trying to use any wallet. I do believe in that.
3510  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NANO coin - why is it not hyped? on: January 18, 2021, 03:17:01 PM
Did anyone bought this coin when it was like ten cents or below?  I recalled it was one of the coins with the highest roi ever once it hit over thirty dollars right?
I have bought this when it was still called MRAI Aka Raiblock but i have sold my coins when it reached ATH. I have also got it from the raiblock faucet too and it's so easy to get a few thousand Mrai in a short time.
This coin has been giving me a very big profit and i remember when i have bought several hundred thousand MRAI at a very cheap price.


If I know that this coin would touch a very high price and I might buy 10million MRAI lol
3511  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of fake Telegram groups on: January 18, 2021, 03:02:30 PM
For investing in cryptocurrency, we really need to be careful about being deceived at all times. For the official telegram of the project, I usually go to the official website and enter the telegram from the official website so that I will not let myself be deceived.
People can change the setting to prevent the scammers to invite them into the fake telegram groups. The telegram is full of spam right now and as far i know that this feature available in the setting.
Too many scammers on telegram and they keep flooding the telegram with the scam group.
If you are not activating this feature and the scammers will be inviting you to his scam group.
3512  Alternate cryptocurrencies / Altcoin Discussion / Re: How long will the SEC lawsuit against Ripple last? on: January 18, 2021, 02:54:30 PM
Some says that the lawsuit will be dropped or that there will be a settlement before the actual lawsuit starts (22nd of February).
Some say that that the lawsuit might last months or even years.

What do you think?
Please let me know!
We are waiting for the next step that will be taken by JAY clinton as the new director for enforcement on SEC. If kay will continues to sued ripple and it may take a year or more to complete the case. You can take KIN as the best example of how long it will be going on. THere's no estimation time about when that will be ended but I'm sure when the allegation will continue and that will be a disaster for ripple.
Wait for the decision that will be taken by jay clinton.
3513  Alternate cryptocurrencies / Altcoin Discussion / Re: Best undervalue projects with not so big cap on: January 17, 2021, 11:33:22 PM
Hi, which are the undervalue projects (with not so big cap) in your opinion .I am asking for good coins not about some shit ones
If you want a quality project with vast use cases, already successful and revenue generating ecosystem with position among the top and the best alts then look at Tron TRX as unlike other alts it has not moved much till now so once it moves it will move big so good opportunity to get in and make gokd profit.

TRX is different because it doesn't really have a usecase beside the staking.
It's not only tron but almost all of the smartcontract tokens were not having a lot of utility. I can mention some like ADA, DOT, and many more. These coins are only offering the staking while we didn't know what will be the usability of coins in the platform. it becomes only a coin to be used as a fee to issue the contract and that's it.
3514  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What's your favorite dApp? on: January 17, 2021, 10:02:07 AM
My favorite app so far. I want to talk about Uniswap, a decentralized exchange on Ethereum. It is very convenient for us to trade quickly, but with the rise in the price of Ethereum, the transaction fee has been too expensive recently and is rarely used recently.
This is why uniswap now has a very low volume, we hope the cost will decrease soon so that everyone can return to enjoying uniswap in peace, uni swap is a dapp that is very easy to use for everyone, especially for beginners
that depends on the whales. Sometimes when the whales are thinking they can't get the fast confirmation and it will make them all to trigger the fees used so many transactions that used very big fees,
That has been making the fees gets increase drastically. If ethereum will not fix its scalability problem and this will become a disaster for us.
When the price of ethereum increased a lot and this will make fees is also getting higher.
3515  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum performance, what do you think? on: January 17, 2021, 06:32:09 AM
Havent seen the ethereum reached its ATH upon having the alt season still gives me confident that it hasn't reached it fullest this season which means that ethereum will still goes upward until it makes and surpasses its new all time high.
I do believe it can be surpassed as soon as possible and ethereum needs only a hundred dollars more and it will able to create another record again to replace the old history that ever been achieved by ethereum.
We will see what will be happening in the future but it seems like people are starting to pump it again soon.
This will be going to be a very big thing for sure.
3516  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are people still buying XRP? on: January 17, 2021, 06:11:14 AM
if at this time there are still many who sell or buy ripple because many of them are investors who may still hope to return the capital they have invested. and see how many are buying it because many small investors are expecting a profit while there is still a chance. because in my opinion ripple is falling for now, but it doesn't matter if we trade with not too large capital on the exchange.
As said by so many members if those are only betting and they are not investing. They are betting on the decision that will be taken by the court in the future. This is likely when you are betting with something that's not yet clear whether it will be considered as a security coin or not. People are losing their mind to get the short term profit. They are risking themselves to shorting the ripple market.
They are very ambitious caused by the possibility to get instant profit.
3517  Economy / Speculation / Re: Do you think that a new ATH is coming or a crash? on: January 16, 2021, 11:41:11 PM
The price is 37200 right now.
Maybe yes, maybe no.
No one knows whether it will be happening or not. IMO if bitcoin could break 40k resistance point and it could make bitcoin get another ATH again but again this depends on the market whether they wanna try to create another FOMO for bitcoin or not.
Let's forget another ATH until bitcoin can surpass 40k again.
3518  Alternate cryptocurrencies / Altcoin Discussion / Re: Hidden Gems on: January 16, 2021, 02:54:42 PM
I've heard about COTI and it's sure a good project, there are still many hidden gems among the projects on coinmarketcap with low market cap that can bring good profits if you hold them like havven and sero protocol but we can't always get them all, right?
Havven has been migrating into the synthetix and it was also changing its business model too.
COTI is a hidden gem and this coin is not always getting pumped when the bullish trend was coming. The gem is not always coming but we must also search them all by doing various research. It's not an easy task to determine which crypto that has a lot of potentials to go to the moon in the future.
3519  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum performance, what do you think? on: January 16, 2021, 02:48:04 PM
It's not a big surprise considering a bunch of platforms are using ethereum as its parent chain to be used for the development purpose. Remember ethereum chain is flexible and it can be used by the developers to be integrated with its service easily.
I do believe if ethereum has more potential to touch another ATH for its MCAP and price for each ethereum coin.

Ethereum performance is very good right now and it's still showing the possibility to get another uptrend.
3520  Alternate cryptocurrencies / Altcoin Discussion / Re: DEfi Hype Trends! This is not something you expect, go before you get stuck FOMO on: January 16, 2021, 02:41:14 PM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market

Defi is not yet mature like ICO or IEO. There are so many scam defi around us and it's still an experimental platform with so many bugs.
Defi was getting hyped in the past and that's the fact. This time defi must have brought something useful that can create another hype again. The same thing is also happening with the ico too
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