You can be very much assured that any such "Bot" on telegram is a risky thing to deal with. If you want to buy sell coins, go to an exchange not some random username on the internet who promises you to sell those coins. These things always end up with a scam and you will be sorry for being so stupid when you could have prevented it.

I can understand why they are targeting Indian users, since the current RBI news about banning crypto is creating undue panic among Indian bitcoin users to sell their assets and exit the markets. If this is the case do not worry, our Indian startups are very much active on social media and they are working to counter this type of bills. But such scam bots will be there to scam people who are not careful.

In case you need to trade, head over to out Indian section in this forum. Several users are there and trusted with previous deals. There are p2p and CEXes for Indian users, you just need to look in the right place.

Correction may take time to occur. But that would mean a loss for your since you are already in gains?

Just keep one thing in mind. If it goes up it has to come down. It is only a question of when not how.

Since currently big companies have invested or shown interest in crypto, bull run is happening. But ask me, this is a inorganic bullish trend. I suspect the market to crash very soon and that would be the time when the FOMO will stop.

If you are in gains, sell those coins and book the profit in a stablecoin only to buy back BTC when the BTC price goes down or sell for BTC directly. Either way, this is the time to sell coins and not buy into the FOMO.

There have been projects related to crypto but not using an altcoin. They may provide a service like a wallet or an exchange but no token as of now. These projects are less popular than the ones that have actually raised through an ICO/Token sale.

Point is that hype is what runs this market. You cannot attempt to make a name for your project unless you are launching your own token. Everyone wants to invest in tokens but few actually look at the legitimacy.

We can have an exchange or a project in general that raises capital by equity listed on a stock exchange and dealing with giving services about crypto. But will these be popularly known to the crypto public? I doubt that but I am also hopeful about the same.

The unstable market is the place to actually make money. But if you are going FOMO then you will lose money and that truth is most people get into FOMO. For example, buying bitcoin now because Elon Musk bought some is being FOMO. But selling now is the wise choice.

I would like to question how long you have been trading?

Seems too much of a workload the way you put in. That is not trading per se, that is analyzing the market without knowing what to do. You dont need to see trends every second - that is needed for day traders and for leverage trading, both of which are doing to increase your mental pressure and should be avoided to keep money safe.

Either way if you think its too much for you, you should stop trading. Still buying low and selling high, holding during the middle is a profitable process if you know how to enter and exit.

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PS. Thread should be moved to the proper section.

Celebs doing their thing.

They dont care about the problems faced by the economy after a pandemic, but their own profits and using the market's situation to bullrun their own assets. There is a lot of FOMO, I agree. This is the time to sell bitcoin and Dogecoin if you own any and hold USD - the intelligent move. Wrongly though some newbies will rush in the FOMO and I am expecting a drop in price after this trend ends at which point the actual buying should be done.

Now institutions may be hedging funds or not, cannot be said right away. They are trying to move a stagnant market of bitcoin to a moving one is my assumption. They may be trying to use this opportunity to make a profit off what they had bought. It might vary from person to person.

Again the rich people will always become rich, so no crisis for them but more chances of profits. The middle and poor classes will suffer.

A token cannot be removed completely from existence. There will be some wallets holding it and still not been delisted from exchanges which is the most extreme step that can be taken. It is not the job of the  price/market cap aggregators to do this segregation, they make a list of what is there in the market because someone who needs the info can get it using their service.

Volume is not exactly zero for any shitcoin. However this is one of the bad effects of having an unregulated marketplace and shitcoins being created out of the blue.

If you are having such a coin, then your are out of luck and probably looking at a loss unless it goes up in price.

You mean Elon Musk buying bitcoin and allowing Tesla Cars to be bought using bitcoin to be the reason of "coming a long way"? Think again my friend. You are seeing a inorganic growth of this sector. I am sure bullish waves are huge right now and seem to be going even higher but the crash can happen and then even Musk will not be there to save your money. This is rather the time to sell bitcoin and book the profit before you buy again when the crash happens.

This question in your mind means you are not understanding the advantages of bitcoin over fiat. There are disadvantages too but the pros are enough to give it a position close to global fiat currencies.

Censorship resistant, deflationary, decentralized currency is something for the future.

Stop following charts without analyzing them. A noob looking at charts right now will think about going FOMO - but that is the wrong move. You dont buy at the top, you sell.

Data comes from aggregators like Coinmarketcap or Coingecko. But it is best to run them on another tab and check the price there first.

Possible, if the data is coming incorrectly from the source. Also liquidity of a single token varies with exchanges. On some exchanges there might be a marginal difference than another well liquidated exchange. This depends on an individual token.

Swap may not work for a lot of different reasons. But your question is vague and you havent replied to any of the posts in this thread either. If you come online and this problem still exists, reply here so that people might be able to help you out.

Taking the fact that majority of tokens are nowadays exchanged via DEXes like Uniswap and Sushi, if you havent done anything wrong in that procedure, the process should be smooth.

I am sure people in the chat rarely post everything in context of the conversation. Random good luck and hello messages often happen and some users might be busy with their own bets enough to not check what others are actually posting.

Of course it is a casino, so their wishing you good luck would not change the outcome of the next roll. It is done mostly to ease the pain and get over the loss and move on. Many players lose a lot and then become heartbroken at their gambling habits and that you surely dont want to be in future.

Good luck, gamble responsibly and keep winning more prizes.

Since the time bitcoin's price started to grow by exponential values, this trend has set in. It does not mean they are not going to sell - an investor has a lifetime and idea of what they are going to do with their investments in case of their demise; their next generation may or may not be so diligent.

If they dont sell, the market becomes dry and less liquid, until someone sees the profit in rising prices and sells - this will happen due to supply and demand but will gradually make the coins increase in value.

Not that this is a bad thing, because till date I havent seen anything bad about it from being a holder though I cant say the same for a no-coiner - they might be feeling jealous of hodlers assets.

Brainfart much?

Government aid is needed in future for merchants to accept and use bitcoin in a quick and easy way without having crypto bans happening.

Stock photos mean a scam project without any further doubt. These scammers are never ending though so good job posting a thread to make sure some newbies in the market get warned of the same and dont fall for it.

Account was newly created and the ANN is also self-modded, probably to prevent people from calling them out there.

Flag supported from my end, hoping to see more DT support on it in future.

If you have enough mining rigs that can pump out thousands of DOGE overnight then you might be in luck.

Ask me, I say the growth in inorganic, because Doge does not have any inherent use of its own currently due to celebrity pressure bullish trend has started and will stay like that for the next couple of days. If you want to do something to take advantage of the hype, do it fast but I would not recommend it.

Inorganic growth means that there will be a huge dump right after the selling pressure overcomes the buying hype. You can be sure there are doge bagholders already selling their loads to the newbies who are foolish enough to fall for the hype. That is how this market works, the cunning fish kills the foolish one.

So you end up mining doge in large number but the hype train goes away while you are at it, you are going to be in a loss. But if you already hold some doge, sell it at around 0.75USD/DOGE you would be in a profit. Currently the last big price of 0.84USD was heavily contested by sellers and price tanked back to 0.7 USD which only proves my assumption that bagholders are selling, NOT buying.

Maybe we should not compare Bitconnect with Bitcoin. The former was a ponzi scheme whose truth had been discovered a long time ago but people failed to realize it. The risk of investing in a ponzi is huge but then there will be people who are making money off that ponzi. Even then that money is going to be a black mark on their conscience and possibly in future when blockchain forensics become even more advanced, we might be able to see the real perpetrators get punished.

Dont correlate risk taking with investing in ponzis. Ponzis are scams, not methods to make money for an investor - a scam brings money to the scammer. Of course if the scammer can sleep after knowing this too.

Like I said previously, the intelligent people are the ones who make money.

This is not something new though. I remember many gaming based tokens that were launched in the mid-2017 crypto hype aka ICO craze. One such name that I can recall is Nitro

https://icobench.com/ico/nitro (I dont support this website though. They have been known to post paid reviews.)

Project had campaigns in this forum too. Did it take off? I dont think so, their roadmap is still last on 2019 which is 2years ago. Social media channels are inactive and I am sure it has become an abandonware after its lead advisors have sold off their bags. This is very common in this sector.

The concept of playing games to earn tokens, using tokens to buy stuff seems very good but never worked out in the past. Every few days a new project with the similar idea comes up but never becomes anything big.

Bitstamp has high fees compared to other exchanges that are available. This does not necessarily mean that you must move to a new exchange because the very thought of that makes some users skin crawl. Still if you have options at hand and since this sector is a unregulated mess, you can and should look for alternatives.

Bitstamp also has threads getting posted in this forum about taking long time to verify users and doing background investigations on them. So you might want to move away from them with time. You never know when you get locked out of your funds.

Binance has been suggested here, but there are several other exchanges too. Check with your local user base and what they use commonly and go with the majority. It makes sense to have accounts in more than one exchange, a lot of reasons exist including possible failsafe in case one of them get hacked/downtime and you need to trade something from wallet.

The accused has been a bounty spammer back in 2018 and now they care to come back with posting a scam project. This long period of inactivity points towards a possible bought account. However knowing how badly accounts have been bought and sold in the past, this might be correct.

Domain relatively new and  whitepaper is copied, signs of a scam project and using the DeFi bandwagon to promote that scam only makes it more obvious.

BTW, did you check the website for the "Team" pictures? A bunch of cartoons images are posted there. I suppose that is their "TEAM"
They seem to be a Korean group but again their location is in

Now the Suite 305 in this centre is having some poor google reviews too about several Fintech/DeFi companies owning it - check here - https://g.page/griffith-corporate-centre?share

Flag has been supported from my end. There is a "A-llot" of red flags here.

To someone who is financially poor, investing and planning for the future is something that gets a lower priority. Their current higher priorities would be to get a better earning, better housing, food and mode of living. It comes from the primal instincts of humans. Once these things are in place they can think about saving money for future or depositing money in a bank as the first mode, defenitely not going to bitcoin because in general the poor people less knowledgeable about alternate currency methods.

The best way for poor people to progress is gain knowledge, skills and word hard for a better living. Only then can they progress to higher strata of the society at a length of time.

You got a good point there, ETH 2.0 is going to be launched as far as I have heard, not yet confirmed as to when in 2021 or 2022.

As per the article on Cointelegraph (not that I am a fan of these sites but just for the sake of reference) - https://cointelegraph.com/news/when-will-ethereum-2-0-fully-launch-roadmap-promises-speed-but-history-says-otherwise

the launch might take a couple more years from now.

Now this is not the first time I have heard ETH move from POW>POS method and this has been criticized a lot. I have been hearing this from 2018 IIRC, on many internet chats and trollboxes.

I would defenitely like to see if what the OP says becomes reality with ETH 2.0 but I am skeptical because of past experience and observations on such schemes.

You are correct here. What I can suggest, sell the stablecoins to get USD when you get a chance. In other words, dont use stablecoins just because they give interest on what you store. When you sell bitcoins, convert to USD/fiat while the bitcoin price is higher and hold that USD/fiat till bitcoin drops and use that to buy back BTC. That is the cycle you must follow, not the intermediary of using a Stablecoin.

Point is that the stable coins had been started to sneakily taking people's money into lending pools and all with no guarantee on the safety and legal concerns. You are defenitely at risk when using them, Tether itself has a lot of controversies - only time will tell how much is legal and correct in their reserve.

There is no such cryptocurrency that mines away money while you sleep. Be careful of scams that promise you the same.

Only methods of growing your money while giving it a low risk of loss, is to deposit the coins on some legit business that is allowing passive income for its investors. Be careful of HYIPs/MLM schemes - those are scam.

Probably the only legit one is investing in a casino bankroll, IMO. But that too the ROI is small and that you have to hand over the money to another company. Currently I dont know which casino is allowing this, previously I have used cryptogames but they have removed this now.

You do understand that bounty hunters are the most despised group in this community keeping aside the scammers and cheaters that already exist. However not just bounty hunters but many users who post in different sections too dont get merited on every post.

But for the bounty hunters the scene is completely different, if they are posting twitter reports for pages and pages they will never get a single merit. Even then I feel that these "users" can stop this dream of getting paid from bounties and move on the more general sections of the forum and become involved in discussions

From the manager's perspective, I can understand the situation. Still if merit becomes a requirement on shitcoin bounties, there will be a huge dearth of applicants which will weed out a lot of spammers.