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IMO, I believe that the use-case or the utilization is more important compared to the hype. because the hype is only temporary and it will not last long, while the utilization or use-case is a long-term function if the coin has a lot of utilization it will be a catalyst of growth that can drive the coin price to reach the moon. that was my opinion about it. But both are very useful to any project if the hype and the coin/token utilization will come together I'm sure it will be a breakout.
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IMHO, I believe the Ethereum Network has very expensive transaction fees nowadays thats why launching any NFT base project on Ethereum today is a bad idea, Anyway, the best network for me to launch an NFT project would be those network that has cheaper transaction fees, like BSC or Polygon because many users are not happy with the current transaction fees on Ethereum network that trigger a temporary migration to other networks because of that problem.
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Well, that's good news! because I believe India is one of the biggest crypto players globally correct me if I'm wrong, so it is not good for the crypto industry to lose another big crypto player if India will totally ban cryptocurrency trading, so I think this is a piece of positive information, and thanks for sharing it. Anyway, I'm hoping that many countries will follow that positive moves instead of banning cryptocurrency totally. |
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I have all of these coins:
ETH 40%
CARDANO 20%
POKALDOT 20%
TERRA LUNA 5%
THETA 15%
Avax: 10%
Are my coins going to last is it likely?
IMO, I don't think we can exactly predict the future of that said coins and tokens, although most of that coins are stable and has a decent price today, but five years is still a long way to go, we don't know what will happen tomorrow or in the next day, as we know cryptocurrency today has many issues so we don't know what will happen next. |
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I don't think it's related, all the news coming from the communist mouthpiece are all irrelevant now, china has totally out of the cryptocurrency picture, that's why there's is no point to give any worth about their lousy pronouncement. forget China I believe the main reason why the Bitcoin price was dip that much, just because it was heavily pumped and the price increased was too fast, that's why it was subjected to deep corrections. and regarding the carbon footprint, I don't think the crypto industry has a huge impact on the environment because I believe it's only a small portion of the world's total carbon emission.
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I think it is not considered as a word war but only just a simple exchange of thoughts, the one was asking while the other one is answering? that's it. It's better for Binance CEO to focus on her problem about the Binance global scrutiny about regulation and don't mind Elon Musk tweet after all their, not on the same level, Anyway, they must move on and stop adding more nonsense arguments that may look like a circus.
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IMO, I think some of that observation is true, and I believe it was happening most of the time on meme tokens, the scammers nowadays can easily enter into, the market because of the increasing smart contract availability, and after it was deployed many speculators will fall for that trap buying and holding useless tokens that's why in the end many will be rigged.
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IMHO. I think the competition on layer2 blockchains was already high, that's why there's is no guarantee if Aurora can cope up with that competition in a short period of time, but maybe in a year? or 2 years, who knows? but as I always said in crypto everything can happen, just look at the Matic Network (Polygon) they just started a low-key but now they are up with a notch.
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I have had a number of bad experiences in my crypto journey in the previous years namely;
In 2016 my custodial wallet was hacked and lost all my crypto, and in the same year I'm one of the victims of the Hashocean exit scam and lost some BTC
In 2017 I was scammed three times in the ICO it has become an exit scam. without any listing event,
In 2018 I was bought too many altcoins that turn out to be shitcoins and died in the process because I believe in the saying" don't put your investment in just one basket" But I was too confident and bought 15 coins and tokens that eventually die.
In 2019 depositing a token in Yobit that was lost and the sockpuppet support didn't help me.
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hello guys how are you ? have a nice time I have a question about altcoin and that projects ! how to check and trust in altcoin and that projects ? for example https://www.certik.org/ is good idea to check project ? have you seen site, online platform or applications like https://www.certik.org/ to check and verify altcoin projects ? can you help me ? IMO, I think Certik is just a smart-contract and security auditing platform, other than that they cannot give us a guarantee on every project that has passed and audited by them, But I agree that a security audit is needed to ensure that the smart contract is working well and don't have any holes that might be exploited by hackers, Certik is just one of the few auditing platforms that I've known aside from Callisto, Kudelski, ConsenSys, Experfy, Hacken, etc. |
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Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?
I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?
P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.
I guess for BSC base tokens PooCoin is reliable since it was using the real-time data from the exchange itself, and only focus on one Network which is the BSC, but Im doubting on CMC because they are giving service and insight in too many Networks that's why it may experience delays and lags so I guess you are on the right track by using PooCoin as the realtime data source for BSC tokens. |
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NFTs are everywhere these days. From digital arts and paintings to in-game items, there's an NFT for everyone. Some NFTs are selling for big bucks, even when they don't have any intrinsic value. There's a lot of hype surrounding NFTs lately, where companies are joining the Blockchain bandwagon in order to obtain a piece of the pie. At the end of the day, real use cases for the mainstream world matters. It's not about hype, but rather about usability. I just don't see any real value to NFTs other than serving as purely speculative instruments (like "meme" coins). Do you think NFTs are overhyped? If not, why? Your input will be greatly appreciated. Thank you.  IMHO, I believe yes most NFT's or Non-fungible tokens are just overhyped that's why the risk is also high while holding those unfamiliar NFT's so just take extra precaution while investing in NFT's just choose the reliable one and avoid those fake and fly by night platform, I believe that those digital collectibles will also go down soon like what happen to others after the hype was cool down. |
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El Salvador have continued to take the lead in cryptocurrency adoption, first the country announced bitcoin as a legal tender some months ago and the latest is the official opening of a bitcoin city which will serve as a free trade zone that will house top exchanges and bitcoin mining farms. The president announced this project which is backed with a 1 billion dollars worth of bitcoin as a bond. https://cointelegraph.com/news/el-salvador-to-inaugurate-bitcoin-city-backed-by-1b-bitcoin-bondsEl Salvador has the guts to implement that project despite all of the negative comments from the world biggest lenders like the World Bank and IMF, it seems that El Salvador has not deterred, and maybe if that project will become successful I think some of neighboring Latin American countries will follow that Bitcoin strategy and the chain of global cryptocurrency adoption will increase if that happens I think China will realize their mistake about banning Bitcoin and cryptocurrencies. |
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I guess it's too technical for the noobs to understand it at first, that's why it should be explained slowly, googling it will lead us to a lot of content and articles on the internet explaining blockchain's and other crypto-related topics, which makes it more complicated and hard to understand what I believe is it's more useful to teach the person via one on one basis. Anyway, it's just a suggestion but I believe it's very effective I have done it already for my noob friend.
And regarding NFT's there's a lot of simple explanations about them on the web and if you have already an idea of how Blockchain works im sure it will be easy for you to digest NFT's and many other crypto-related functions.
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I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?
IMO, I think that's risky if you want to hold it for the long term, and maybe you should think that twice or maybe thrice if you want to invest big in that particular cryptocurrency because I believe that fandom token has no real use-case at all, and most of the time it will just use to acquire merchandise or memorabilia from the famous individuals, maybe if you just invest a small amount of money I think it will not make you poor. |
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