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41  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth vs bnb on: August 07, 2021, 04:07:41 PM
I think both are worth  investing and I am holding both of them but both are different networks, BNB has attracted huge investment during the past one year and it will continue attracting new project as being best alternative of Ethereum with much lower cost. Ethereum 2.0 is going to be fully implemented in the next few months which hopefully will reduce transaction fee significantly.
Tomorrow the London hard fork will run and it's part of the Ethereum 2.0 implementation to be even better than the previous one although in the past Ethereum wasn't even worth calling it bad just because there are others that are cheaper so let's see together how it's implemented run.

Those who are still talking about transaction fee reductions because of the Ethereum 2.0 implementation still seem to ignore what Vitalik Buterin repeatedly says and said: The London hard fork is not going to change the transaction fees. It will stay high during busy times for quite a while. The transaction fee solutions are still quite a bit away.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of crypto on: August 07, 2021, 04:06:03 PM
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If other countries also do not provide crypto legality this will have problems with crypto developments in the future, but this is unlikely to happen, in the future increasingly sophisticated digital financial technology will definitely be needed around the world to facilitate transactions.
it's an old problem, that's what makes bitcoin full of pros and cons. although there are several countries that prohibit the use of crypto, there are still many countries that allow it, some even have discourses on creating their own crypto currency. see, although many prohibit transactions or payments with crypto, investment and trading are still allowed, this shows that crypto is indeed very potential, on the other hand there is a side that is less profitable for the government. so this is not a problem, usually legality issues come up every year, creating waves in the market, but no need to worry.

Well, I think the way it is going to happen is rather top down, with Bitcoin being top and governments being down. If there is something you can't stop, pretend to embrace it and regulate it / pass laws that you think will appropriately be considered by most of the users. It won't be possible to fully stop Bitcoin. That is a bit similar to gambling websites online. In some countries the governments understood that there is almost no way to fully stop them. So how to benefit as a government regardless? Raise a little bit of taxes, such that gambling websites feel the urge to pay their taxes to play it safe because playing safe isn't that expensive. Bitcoin is similar to that kind of situation. If they prohibit it, they are probably going to raise public cost by a lot only because they have to pursue all these "criminals" who deal with crypto. Drugs is another example, but you get the idea.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your opinion on Monero? on: August 07, 2021, 04:01:35 PM
Everybody knows that Monero is claimed to be the only anonymous coin, but even it can't guarantee complete privacy. For example, if there was not enough time (less than 20 minutes) between your transactions of buying and selling, your wallet can be revealed.

Personally I don't use Monero, because now I don't really need a lot of privacy, I don't need to hide or launder my money.

Sure, you can apply all kinds of different statistical parameters to detect connections between wallets. Output sizes and so on, but as you say timing is very relevant, but that also applies to mixers for Ethereum or Bitcoin. That is why mixing service providers usually recommend to wait even up to 24 hours if possible. I guess that is where many users think that they can go for shortcuts and 3 hours are also fine, but it is in fact not. You really need to be a patient individual to ensure that you've put the most effort possible into keeping your actions on the blockchain private.
44  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BTC fall below $20,000? Bargain hunting? on: August 07, 2021, 03:59:08 PM
a trend for the short term has formed I think. more visible this will be a good rally for the BTC market. but maybe it won't be a very strong rally. because after a small pump we see there is good stability for the BTC market.
I became convinced this would be an opportunity for altcoins to get a pump rally.
Altcoins will always be next when we see the bitcoin rally. Whilst for those people that are waiting for the bargain of bitcoin to hit $20k, we're doubled from that price and we've seen it go half from the past ATH and the highest as of the moment. It is unlikely that we see $20k soon and if it does then that really hits that we're in the real bear market by that time. We saw the bear trap when it's down by $29k and then eventually has recovered so fast. And that gives us some idea that we may not see that price again, hopefully not.

I would say that if nothing completely unforeseen happens, like a real global disaster or some coordinated government attack on Bitcoin, we won't see $20k again ever. Retail investors and institutions would start buying like crazy as soon as Bitcoin drops below the $30k mark because everyone will consider that a huge opportunity. I would also consider it an opportunity. What I am 100% sure about is that we will never ever again see Bitcoin below $10k. For that to happen there must be an event that would kill Bitcoin in its entirety.
That's what the holders are wanting and thinking, we don't want to see $20k again as we've been through a lot and those dips were worth it. Because with such plummets, it made bitcoin stronger and those that have doubted it during those times, they're for sure thinking that it's too late for them already although it's not yet and they have to wait until it bargains again but there's no way to determine if it's going to be at $20k again or under it. While they wait for that which is unlikely, they should buy every dip they see.

That is one way to see it, right? But those who are a bit more experienced by now and know that Bitcoin can drop also could play it quite a bit smarter than newbies. When people say buy the dip, that is quite hard to do for people are brand new to the market. Those who are around for a while can make those judgments with a bit more certainty, never with full certainty because nobody knows what's going to happen tomorrow or next week, but sometimes I consider a dip a welcome opportunity.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BTC fall below $20,000? Bargain hunting? on: July 31, 2021, 04:01:05 AM
a trend for the short term has formed I think. more visible this will be a good rally for the BTC market. but maybe it won't be a very strong rally. because after a small pump we see there is good stability for the BTC market.
I became convinced this would be an opportunity for altcoins to get a pump rally.
Altcoins will always be next when we see the bitcoin rally. Whilst for those people that are waiting for the bargain of bitcoin to hit $20k, we're doubled from that price and we've seen it go half from the past ATH and the highest as of the moment. It is unlikely that we see $20k soon and if it does then that really hits that we're in the real bear market by that time. We saw the bear trap when it's down by $29k and then eventually has recovered so fast. And that gives us some idea that we may not see that price again, hopefully not.

I would say that if nothing completely unforeseen happens, like a real global disaster or some coordinated government attack on Bitcoin, we won't see $20k again ever. Retail investors and institutions would start buying like crazy as soon as Bitcoin drops below the $30k mark because everyone will consider that a huge opportunity. I would also consider it an opportunity. What I am 100% sure about is that we will never ever again see Bitcoin below $10k. For that to happen there must be an event that would kill Bitcoin in its entirety.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your opinion on Monero? on: July 31, 2021, 03:58:19 AM
People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

In the order of coin listings, Monero is now 27th on Coinmarketcap's list. It must be good in my opinion because it is in the top 30. The price is also still affordable than the price of Bitcoin. If you prefer Monero coins, I think that's great, but in my opinion, Monero coins are still not a lot of fans.

According to your logic, is XRP good? If so, why? What does XRP contribute to decentralization in general? Because that is what cryptocurrencies are about right?

Monero as a coin that is aiming at providing strong privacy could run into problems legally. If governments don't want fully private transactions to be available to anyone, the first thing they could do is to prohibit registered and licensed exchanges from listing the coin. There will still be ways to trade it of course, but it will make things a lot harder.

Generally, I like Monero a lot because as long as it is not possible to trace it, and it seems for now that is still the case, it does indeed work like magic money. You send it, it disappears on your end, leaves no trail and shows up on the other end.
47  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of crypto on: July 31, 2021, 03:53:37 AM
China is always two steps ahead of all other countries in terms of future tech and I think the reason why they ban crypto miners is because of their CBDC but what will happen if other countries later follow the same steps? Will this put crypto in trouble?

I have never really had the impression that other countries, especially Western countries copy China's strategy. Rather it was the other way around except for political ideologies. China isn't ahead two steps everywhere in technology. Most of the technology they have available today was bought or copied from other parts of the world. They are acquiring tech companies like crazy. What they are doing well though is to keep those companies researching and growing. By now they are slowly but surely pumping out innovations that is fully under their control and in their possession.
I think when China bans crypto there might be well developed nations around the world that could see Bitcoin as an opportunity rather than a threat. The key is to integrate it wisely into your economy. I don't know how that could work without undermining one's own financial system, but maybe some governments find smart ways.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth vs bnb on: July 31, 2021, 03:47:10 AM
For those who users find lower gas fees in their tokens transaction obviously they will pick BNB platform. When ETH network started charging higher fees, than BNB was the only way to transact at a lower charge. But still we count ETH is the second largest platform after BTC. So i think both of potential coins as well as too much lucrative.

Second largest platform for what? Are you talking about market capitalization? You can't put Bitcoin and Ethereum into the same category. Ethereum is a smart contract platform, Bitcoin is not. When it comes to smart contract platforms, Ethereum is still the largest with probably the strongest developers being part of their ecosystem. This is not meant to discredit BSC in any way, but I still think Ethereum is ahead despite its higher fees. I hold them both as they both are great picks for an investment in my opinion. BNB can go to $1000 and Ethereum may soon make it to five figures.
49  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What will happen to Tether? on: July 31, 2021, 03:43:27 AM
whats up with that too big to fail talk?
no country will inject money into Bitfinex to safe the crypto comunity.
who you guys think would safe it? serious question

This is actually an interesting point you are bringing up here. If Tether was backed by a bank, it would indeed might have been bailed out by a government. Now that it is a crypto company, governments will let it die with enjoyment. That's where the hostility comes into play towards cryptocurrencies. These bank bailouts back at the time were a big fat joke because it is not like the whole banking sector changed afterwards. They are still trading faulty products, selling that stuff to people who have no clue what they are buying.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: July 30, 2021, 11:51:30 PM
No not all, there are just so many investors who do panic selling when they see that bitcoin is going down thinking that altcoin will down as well when they see that bitcoin is in red tide. Dont be like them if you know that your token community is good and has potential do not sell, just hold it, it won't go down if you guys do not panic selling.
When the bitcoin price starts to touch its peak, many people want to take profit by selling their bitcoins and that is a natural thing in an investment but as a result the more people who sell bitcoins, the bitcoin price will fall even more and when the price moves down it causes fear on investors, so that more and more people are selling their bitcoins and when the price is falling, of course, many investors are securing their assets in the form of fiat money or stable coins (usdt), is this called a panic sell? I don't think we can say it's an easy thing because after all they all think to minimize losses when the bitcoin price really falls in my opinion.


When Bitcoin peaks hard and goes into bubble territory, it actually means that the price of Bitcoin is increasing faster than the buying support is building, meaning that liquidity at the price peak becomes extremely thin. Then they have a huge balance in their books, but they can't realize those gains because buying support lacks behind and there is nobody to sell those Bitcoin to at the peak, at least not in masses. That's when a crash is likely and a panic can easily break out, causing other coins to fall as well.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: What if Elon musk launches his own coin? on: July 30, 2021, 11:49:18 PM
Elon musk is becoming a major influence on the direction of Cryptocurrency market.  His recent tweet about Tesla likely hood of acceptance of bitcoin is bullish for bitcoin and we can see immediate response to the price of bitcoin.  There are rumors that Elon might lunch space coin / token in the future. 

Absolutely not true.
At the moment and after the tweet, bitcoin did not react to the price in any way, so we can conclude that Elon Musk, on the contrary, lost his influence on the brick market due to his ridiculous tweets.


That post of the guy you quoted looked weird anyway. Maybe he could just provide the source for his "rumor" that Elon Musk will launch a coin called space coin. I bet if Elon Musk were to start a coin, it would almost certainly not be called Space coin. Anyway, I guess Elon Musk is just busy enough with the companies he has right now and is not really planning to run a cryptocurrency in addition to what he already got to do. Wink
52  Alternate cryptocurrencies / Altcoin Discussion / Re: Number of altcoins keep increasing! on: July 30, 2021, 11:46:16 PM
Currently there are many Altcoins and each has a different program from the various products provided such as wallets, financial systems, security systems and others. If you look at it, it might be very confusing for us to choose the best Altcoin to invest in, and maybe we can see from the leading sponsors behind the scenes to be able to see the advantages of the products offered by these Altcoins. I think we have to see whether the opportunities offered by the Altcoins program are good or not to be able to see future developments, and this choice is very difficult because it can lead to scam projects and to overcome them it is very necessary to share information with friends. following Altcoin investment.

I wouldn't go with too many different alt coins unless they are based on Ethereum or Binance Smart Chain. Then you can at least use metamask wallet, which is very practical with the option to switch back and forth between the networks. As for the different products you are mentioning, there are more copycats out there than genuinely coded features into newly launched coins. Most of those coins don't bring anything new to the table at all despite a different maximum supply... Cheesy

I think that is what is mostly happening anyway and why it is hard for other smart contract platforms to gain traction. BSC and ETh are so big that the project teams also consider whether they can reach a sufficiently big audience if they launch on yet another smart contract platform where those who are interested have to get another wallet again, sure everything etc. Most have an ETH or BSC wallet anyway due to the practical switch in Metamask and they wouldn't prefer to have another wallet going.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: Suggestions for Long-Term Investment on: July 30, 2021, 07:53:48 PM

It's also important to know what he means when he says long-term. If he means really long-term, I agree that the top coins like Bitcoin and Ethereum are the best choices. They might not explode, but they can grow steadily and probably will do exactly that. You could say that those coins are the least gamble of them all.
You must prepare for future explosions. top assets like bitcoin and ethereum in the long term will be poised to make a bang.
now we are growing but there will be a correction again. the momentum won't come for now. we have to prepare it for the long term.
what we need to do is to determine when we have to enter at the right momentum.

Well for Bitcoin as well as for Ethereum to really go for another massive rally will be hard. I mean I am talking about a several X rally. That would mean Bitcoin crosses the $100,000 mark and Ethereum crosses the $10,000 mark. A lot of money is needed to be poured into those coins to really push them beyond those marks. I expect quite a lot of resistance on the way there.
54  Alternate cryptocurrencies / Altcoin Discussion / Re: Are we already in meme coins mania? on: July 30, 2021, 07:45:42 PM
I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.

The best coins are those who even call themselves 100x coin! Guaranteed profit, why else the name? Since it fits your comment:

https://coinmarketcap.com/currencies/100xcoin/

Pump and dumps everywhere.
It has been for a long time.
I don't know if the developers of that coin are either desperate to get some money or its their way to lure some newbie investor out there. Either way, it will remain as a shitcoin and it will always be Cheesy.

A quick search on google and this is the definition of a meme coin:
Quote
Meme coins are cryptocurrencies that have gained popularity in a short amount of time, usually as a result of influencers and retail investors promoting them online

There has been a time where meme coins are really hyped. Coins such as Shiba Inu, Akita Inu and the like are ones that became popular but for a short amount of time only. Right now, I rarely hear some meme coins out there that is becoming popular because most of the time I only see this NFT tokens online. NFT based games are for me the popular right now and meme coins? Maybe they aren't that popular right now.

I consider all coins that are making fun of something or are rather meant to be a joke a meme coin. The weird thing is that if a big name gets behind it (like was the case with Musk and Dogecoin), these meme coins can seriously start flying. Shiba was another example, but those particular trends come to an end at some point. However, topics that are suitable for meme coins will be there forever. It could be about politicians, animals or maybe even soccer players who behave bad. They are almost always just for pump and dump though.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: Convince me that bounties paying in anything other than Bitcoin are worth it on: July 30, 2021, 07:42:39 PM
I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

Very good point and I fully agree with it. If the team communicates in a trustworthy and convincing way, even if they cut the bounty in half in order to make sure they'll have enough finances to keep going and finish the product, it is fine. But they should stick to their schedules regarding payments. If they do that and build trust with the people who support them, I also believe that not so many will immediately dump. We should keep in mind though that there are people who do this for a living in poor countries and they might be forced to dump. It hits them even harder if bounties aren't paid out out of a sudden. That just sucks and hurts everyone involved in the end.
How is that fine? If they setup the contract by saying they will pay the full amount to all participants at the start of the bounty they should be held to that. I do not promise you for exchange of 1 Bitcoin that you can have a car from me but when it comes to sending the Bitcoin and car I say I can only do half of the car and you go "thats fine". We need to stop these scammers from doing this type of shit.

If a project performs really bad in fundraising, tell me what good is it to receive an excessive amount of bounty tokens if it is 100% certain that the project will be dumped into oblivion? I do exactly know what you mean and the sad thing is that even well funded projects decide to cut the bounty in half. That sucks big time and shouldn't happen, but when I see that the project almost failed anyway, there is nothing to win for me if bounty people can give it the rest and let it die. You are running into a deadlock if you didn't raise sufficient funds while paying an unreasonably high bounty. Nobody is going to invest in that situation, meaning that the token will never gain value.
56  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Signature Campaign] The Standard 🚀 Most Awaiting Campaign - Lucrative Rewards on: July 28, 2021, 08:07:27 AM
Bitcointalk Username: Noruka
Current post count:957
Merit earned in last 120 days: 3
ETH wallet [Address Must be from MetaMask wallet]:0x862325bc9995EE3E0a218F5A7f20d8C38b0a743A
 
57  Alternate cryptocurrencies / Altcoin Discussion / Re: Convince me that bounties paying in anything other than Bitcoin are worth it on: July 25, 2021, 03:57:13 AM
I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.
Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

Very good point and I fully agree with it. If the team communicates in a trustworthy and convincing way, even if they cut the bounty in half in order to make sure they'll have enough finances to keep going and finish the product, it is fine. But they should stick to their schedules regarding payments. If they do that and build trust with the people who support them, I also believe that not so many will immediately dump. We should keep in mind though that there are people who do this for a living in poor countries and they might be forced to dump. It hits them even harder if bounties aren't paid out out of a sudden. That just sucks and hurts everyone involved in the end.
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Are we already in meme coins mania? on: July 25, 2021, 03:53:50 AM
I don't think this is a long term mania phase. Shitcoins moon and die all the time even in the bear market. That's nothing new. There will always be another alt that claims to be the next x100 coin and sometimes it really is, until it goes to zero. The coin you linked to isn't anything special. It is just good old pump dump.

The best coins are those who even call themselves 100x coin! Guaranteed profit, why else the name? Since it fits your comment:

https://coinmarketcap.com/currencies/100xcoin/

Pump and dumps everywhere.

Hilarious. Directly to the point.

If this was on a more reputable exchange I would buy some just for the lulz. Cheap as f too. What do you think? Can it make x100 easily from here? Might worth a try.  Grin

All it needs to is one x100 and it can die in peace.



Haha yes, regardless of liquidity. Go 100x with literally a non-existent order book because the team holds 95% of the supply and then call it a day: "we've delivered on our promises!"

Well, according to that logic a lot of coins did not die in peace. Or maybe I just failed at decrypting the cryptic language in the white papers and they in fact all reached their goals. Good old times when the white papers became more and more buzz wordy Cheesy

I once read something like "we may or may not reach our goals, depending on various circumstances". Does that mean they may or may not scam us, depending on various circumstances?
59  Alternate cryptocurrencies / Altcoin Discussion / Re: Suggestions for Long-Term Investment on: July 25, 2021, 03:48:25 AM
According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.
So many investors don't agree with you. Maybe you did something wrong research or maybe it's in my mind. Tron blockchain can be acceptable but definitely not XRP. I'm not an XRP hater, but since last year I haven't supported it anymore. So many coins are available in the long-term just trying to buy their own coin, other blockchain don't.
It was because we think about long-term investment and those coins that OP had listed it wasn't a good market perspective. By choosing them, we are simply making ourselves wasting our time holding and waiting for nothing. I mean, they only just pump during the bullish, and apparently, we never know if these coins will stay in the market many years from now, unlike if we invested in Bitcoin and Ethereum.

It's also important to know what he means when he says long-term. If he means really long-term, I agree that the top coins like Bitcoin and Ethereum are the best choices. They might not explode, but they can grow steadily and probably will do exactly that. You could say that those coins are the least gamble of them all.
60  Alternate cryptocurrencies / Altcoin Discussion / Re: Suggestions for Long-Term Investment on: July 24, 2021, 07:48:11 AM
According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.


The Good currencies are Top 20 and Preferably Top 10 are Good for long term Investment like ADA, POLKADOT and BNB and Matic potentially can go 10-20 Xin the next Bull Run. I am die hard fan of Polka dot which is complete blo9ck chain like Ethereum but much much efficient. It continuers to develop its network to  add new features. Matic is aalso a complete network and continues attracting new projects as its Transaction fee is even less than BNB.

When you say that during the next bull run the top 20 coins could go 10x to 20x, do you know what that means? Do you know that this influx of money has to come from somewhere? When we talk about 20x, you are literally saying that during the next bull run we'll have an overall market cap of around 20 trillion dollars. Does that sound realistic to you for the next bull run?
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