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401  Alternate cryptocurrencies / Altcoin Discussion / Re: how long do we think memecoins narrative is going to last ? on: May 07, 2024, 08:28:00 PM
As you said I'm cryptocurrency there is nothing like too late but how prepare are you I'm the market is the case. You have to prepare mentally, and finally so that whatever thing happened you have to wear thick skin to over any obstacle. The narrative of memecoins will not over because they have co.e to stay and nothing can remove them from the ecosystem again. Some will die and anothers will emerge.

Memecoins can only be on the low key foe some times and not to end. They are also in the altcoins family so they follow the movement of Bitcoin.
402  Alternate cryptocurrencies / Altcoin Discussion / Re: BCH, accessing them with bitcoin keys? on: May 07, 2024, 08:19:30 PM
The original purpose of Bitcoin is not to invest but to pay goods digitally and not owor to buy Bitcoin and sell again and it is because of the store of value people started using it to be and investment coin to gain profit. But coins were moved from the genesis block/ address last year so probably the founder has move som coins from there. And it is necessary that someone who was holding coins from 2017 must have hodle coins in BCH if the person still have the key.

If Satoshi only move a potion of his coins and sell it. He would have enough profit from it.
403  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you rather invest in MATIC or SOL currently? on: May 07, 2024, 07:23:22 PM
The current price of MATIC $0.7067 and the Solana current price is $151.53 and when you compare the two you clearly see that Solana is in a good shape to invest and that is when you are looking from the market cap and the two which is nearest to the next all time high is Solana but when we consider other factors like cheap coin to buy then MTIC or Polygon will comes in and it is good to invest for coin that has a cheaper transaction fee.

Solana is among the top 5 coins in the ecosystem but the fee is high so I think matic is in good position for now. But it is a personal choice.
404  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana price predictions and developement? on: May 06, 2024, 10:54:50 PM
Solana should work on their network congestion and everything will be fine and for now Solana is not among the recommended altcoins to invest because we can't pay high transaction fee to invest in a project and waited for months or years yet there is no improvement and if care is not taken then you invest as lost if the price is not appreciating instead it is reducing. Solana and Ethereum were doing well. And the market right now is not nice to recommend. I am not even sure that in the next few months it will be okay for people to start the investment.

I will check out the network tomorrow or this to see if the congestion issue has been resolved. Because the last time when I checked it is very bad. Normally Solana is a good project to invest.
405  Alternate cryptocurrencies / Altcoin Discussion / Re: Upcoming altcoins on: May 06, 2024, 10:46:24 PM
Has anyone ever heard of the project, Umareum? Relatively new project, still in Q1. Hearing some conflicting stuff about this one, some even saying it’s a scam…does it seem like a sketchy one to invest in. Would appreciate anyone’s opinion on this.
First time hearing of it and when I checked the price it is $0.01033 and I also checked the official website of the project and in the process of opening the website, I was greeted with different languages plus French snd i was thinking if the memecoin developers are from France. This is the original website of the project https://umareum.com/  It is a layer 1 Open Source decentralized project. The explanation.of the project looks nice and the design is also good.
406  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu plans to use $12 million to develop a Layer-3 blockchain on: May 06, 2024, 10:34:13 PM
Initially, I thought Layer 2 solutions would be the endgame for scaling Ethereum, but it now seems like there will be an endless progression of layers. This mirrors how Smart phones has continually evolved in functionality over time. And as the value of eth and Bitcoin continues to rise, I'm confident these layered solutions will only become more useful and fascinating. We're even starting to see Layer 2 solutions emerging for Bitcoin ecosystem as well, which is an exciting development.

Exactly and the thought was for many. When layer 1 full up and congestion then the overloaded Blockchain would released some of the load to the layer 2 which Ethereum and others found themselves in that layer but it seeing that the layer 2 Blockchain is even more congested more than layer1. And from the way it is now I don't think layer 3 can solve any problem of congestion of the Blockchains. And the best solution I can guest out is to remove those ordinals and the memecoins that are feeding from the layer 2 Blockchain. And let them create their own Blockchain so everywhere will be free and very low congestion.
407  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network. Legitimate or a waste of time? on: May 06, 2024, 09:44:19 PM
Pi Network. Legitimate or a waste of time?
I can't say it's legitimate or it is not good to invest because what is good for another person might not good for the other or the other person might not have that interest to invest so if it is good for you then you done have to worry about others viewpoint of the project. Many might even tell you wrong impression of the project to discourage you to abandon the project. And I don't think I have heard of it or forgotten. I will only say if you are interested in it, carry on.

And as you have said anyone who's interested will test the project and when the mainnet has been launched, yoi can still update this thread. Nothing is waste because life itself is a risk.
408  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 5 Altcoins under $0.1 to Buy in May on: May 06, 2024, 09:34:02 PM
Never ever invest into crypto just by looking at it's price as it's a common misconception amongst the investors that if the value of the coins are under $1 or very less then they assume these coins will give them huge profit and they don't even bother checking the basic like the total supply as there are some coins which has a very high supply which makes it impossible to increase past certain mark. Its incorrect logic which is promoted here.
Oh you have said well. Looking at the market price and the market cap to invest in alt altcoins has mislead many in the cryptocurrency investment space. Many investors are not even looking at the trading prices of the coins but only check the market price and invest in the coin and before they know their expectations were not accomplished so they would blame the market and not their fault. Good investors would first look at the movement of the market before the market price at the moment then how it will happen in the next free minutes, Days and weeks so that when they start the investment they would start with the amount that they would not shout if the market against or the investment against them.

I have been seen some threads these days that they want to invest in a project that is cheap. Yes it is good to invest in such project but what about the future of the project, will it favour you or against you. Investors should not pursue cheap projects because it is not all that glitter is good to use but look for project that you can benefit. The overview of those projects is nice but we should be careful for our investments.
409  Alternate cryptocurrencies / Altcoin Discussion / Re: Most "Memecoins" are not even coins, most "Memecoins" are tokens on: May 06, 2024, 08:43:00 PM
This has been settled for some months or years back and it was clearly state that any coin that is not bitcoin, it is an altcoin and it is spelled as alt and coin, therefore it is a coin. But I am trying to like your explanation because really there some airdrops or memecoins that are not coins. Like you said coin must has it own Blockchain chain and community or forum and but airdrops or memecoins do not have that instead they survive from another platform and like the examples you gave is very good. BNB, and others are not coins per say but a token.

But from my view point Ethereum is coin because all the elements that qualify cryptocurrency to be a coin, it has it. And not like others tht you made mentioned that is not a coin. Solana is also a coin. Though I understand your point of view but when you critically look at it Ethereum is a coin and not a token.
410  Alternate cryptocurrencies / Altcoin Discussion / Re: Pangolin - anyone else invested? on: May 06, 2024, 08:28:38 PM
Diversification is good in this system but not to look for a project that has a lower market cap because you don't even k ow the outcome of that project. And it is better you invest in project that has big market cap with cheap transaction fee so that you can acquire more that also be on the queue for the bull of the project. But as others have said, you are already in the project investing so if you are independent to invest im Eloncoin, you can invest though the market cap is high but it is still a good project to invest in because it is cheap.
411  Alternate cryptocurrencies / Altcoin Discussion / Re: Bull in Altcoins Sector on: May 06, 2024, 07:59:11 PM
Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
It seems the table already turned these days. As you can see when Bitcoin created a new all-time high recently, top altcoins like Ethereum were still having difficulty reaching or creat new all-time high, could be because we already lot of altcoins and the volume or demand already divert to other altcoins?

Yeah the expectation of many people that invested to see the high price from altcoins were turned down because many were expected that as before the halving bitcoin was rising to the All Time High and the top 3 or there about coins were also doing well so when the price came down a bit many people bought it and thinking that when bitcoin rise again the altcoins will also follow the trend but when finally bitcoin rise up again, coins like Ethereum nd Solana which was the mind of the investors to rise up were not going up again and instead they were coming down with congested network.

And that made investors avoid investing and using them at that time. And right now we don't know the bull time of the altcoins and the All Time High because they are not following the movement with bitcoin.
412  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Evernodes on: May 06, 2024, 07:52:52 PM
I just read some of the reviews of the project and the registration of the project is closed and that means you can't mine it again. You can get more information from this link https://www.google.com/amp/s/cryptopotato.com/airdrop-update-for-ripple-xrp-holders-evernode-details-reviewed/%3famp the airdrop was launched in the month of January 15, 2024. And more information again https://support.uphold.com/hc/en-us/articles/18411936952219-Evernode-token-airdrop

How to claim your token
https://medium.com/@hen1f3hbutler/evernode-airdrop-taking-advantage-of-the-latest-airdrop-opportunities-54b52adf9fab
I think with all this information you enough to know what next to do. This is a new project to make and I just made research to get those information.
413  Alternate cryptocurrencies / Altcoin Discussion / Re: getting rid of injective on: May 06, 2024, 07:38:20 PM
Binance p2p has been disabled in my country so we don't use Binance so I don't know anything about Binance anymore and recently OKX has been disabled p2p so I have got rid in it too. And almost all are using Kucoin for now and I just checked Kucoin to see if the injective token is there and I saw it there so you can go there or use Kucoin to make the transfer but before then you have to convert it to a cheaper coin first before effectiing the transactions. Or if the injective token transaction is cheap then you can use it to transfer the tokens to the Kucoin.

Before you move to Solana or Bitcoin I advise your to convert it to a coin that has a cheaper transaction fee so that in the on chain transaction fee will be less for your to do then when you have done the transaction then you can change or convert it back to whatever coin you want.
414  Local / Nigeria (Naija) / Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread. on: May 05, 2024, 07:47:13 AM
Username: Notalony

Gender     : Male
 
Skill           : electrician

Am really happy to be among this you people and am willing to abide in the rules and regulations and to learn as time progresses thank you all and I hope am welcome.
You are welcome to the forum and as a newbie you are to read more than creating threads but you can make comments to any thread you have reading and understand. And if you don't understand the content of the thread don't comment because you might say something that doesn't related to the content and people will attack you so to avoid that read more and comment on the ones you understand well. I don get similar experience before.

Do well and excel in the forum.
415  Local / Nigeria (Naija) / Re: [Bitcoin] List the exchange that offer p2p on: May 04, 2024, 11:24:08 PM
Remitano is down too, it has removed his p2p since when Binance was attacked to remove the p2p, I think Busha too is gone. And right now the once dat dey use p2p na Kucoin, ByBit, Yellow Card and others. And now dat the government dey hunt them down one after the other. The rain go fall for every roof. So we have to look for alternatives now that is still at the early stage. If you know any Decentralized Exchange wey e dey good let us be using it now dat we still get some few Centralized Exchanges wey get p2p.
416  Local / Politics and society (Naija) / Re: Workers Salary Increases, Inflation at Upper Edge on: May 04, 2024, 10:23:39 PM
The federal government only agree to pay 35% and add it up to he former 30% then the total amount as the minimum wage is 65% and that 65% is not or can't buy one bag of rice so labour chairman is agitating that Federal Government should pay them 615,000 and he gane the breakdown of everything a family of six needed to survive in the country. And they gave the president a deadline May 30th to implement the new minimum wage. As for me the pressure of the Nigerian Labour Congress is not enough. If they have shut down the working force in the country then things would gone back to their normal price and that was what they did in the Goodluck regime.

In addition anytime when the government increases minimum wage because of cost thing then price of things would never go back to their normal stage again instead it will increase the more. Tinubu really disappointed Nigerians. I just pray dat make no win again.
417  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there a better way to handle cross-chain transactions? on: May 04, 2024, 09:41:21 PM
If you are making the transaction within Exchanges then you can do it in the way that the transaction fee can be minimize. And all want you have to die is to convert the coins to any of the altcoins that has a small transaction fee and go to the other exchange and copy the address you have converted the coins to in the exchange A and in the exchange B after copying the address go back to the A and click withdraw >>> On-Chain and send the coins to the address from the B.

But if you are sending it to Non custodial wallets then there is no way you can avoid the high transaction fee and you must pay it.
418  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Solana - Is it still good to buy or it's FOMO on: May 04, 2024, 09:33:08 PM
From the time of creating this thread till now Solana network has been a problem to investors and newcomers that wanted to invest so people have not be able to invest largely in that project like that in this year. And the time when I see Solana in the early part of February was $157. 57 and nor the price is $147. Though it is good to invest in it now if the person is interested and if the network is free now.

It is better to invest in a project that is more popular than to invest in a project that is not well known.
419  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $20,000 to invest in any Altcoins of your choice? on: May 04, 2024, 09:18:03 PM
Can you please help with any Altcoins that coins that someone can invest on in this particular time.
There are some altcoins you can select to invest with that amount and the top three are Ethereum, Solana and add up with Eloncoin. I think you can make some research on the above mentioned altcoins to invest and I will also advise you to invest foe long term and not a short term because investing in altcoins with the mindset of short term might disappoint you. Those ones are mentioned if only you have not selected anyone or altcoins from the creation of the thread.

But if you have selected anyone else now then no problem and be patient with your investment and not rush to sell. All the best.
420  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I buy ALTs now or no? on: May 04, 2024, 09:00:03 PM
Yes we are in the good time to buy altcoins now because the price is still at the lower end and as you Said, the price will be nice from August so investing in altcoins is good. Using the DCA method is good for long term investors and I don't think it is good for short term investment. Because you are to set up your buying timetable either in daily, weekly or month and we are on the All Time High year so if you start now and the All Time High start from September, and by then how much you will be investing.

Now that by Bitcoin is going up altcoins are rising with it.
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