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June 07, 2024, 05:37:15 PM *
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441  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your observation about XAI coin? on: March 27, 2024, 06:44:46 AM
Anyone here who is running their nodes to earn rewards. I read on their website that a node can be run on a desktop, laptop, and cloud. I am interested in running on my Windows laptop I do not use anymore. I want to know whether the rewards are good enough or not and how frequent are the rewards. If anyone has been running the nodes then do reply. If not then I will give it a try and see whether it is worth the time to run the node. The price of XAI token has been going up and in the long run can give a good returns.
442  Alternate cryptocurrencies / Altcoin Discussion / Re: MATIC or DOT? on: March 27, 2024, 06:32:09 AM
Both are different and both have their own USP but the growth in Matic is bigger than DOT. I would like to have both in my wallet considering the price at which they both are being traded. I would prefer to have more MATIC as it is still cheaper than DOT and in the next big bull run, both will be great to have for big profit. While MATIC has only shredded 50% of its price from its ATH, DOT is down by more than 90%. 
443  Alternate cryptocurrencies / Altcoin Discussion / Re: BlackRock Launches Its First Tokenized Fund on the Ethereum Network on: March 27, 2024, 06:15:27 AM
Is this a bullish news for eth community? Yeah i think so. This increases the adoption and trust throughout the industry. Also blackrock is using eth netwotk and they have also filed ETF application for eth so speculators will take it as a primary sign of the possibility of the eth etf approval. This will help the eth community to overcome and negative rumors about eth foundations.

The community did not react to this news as the price of ETH is still not going up. I do feel this will be an alternate route to use Ethereum blockchain wherein they would need to buy ETH. Ethereum ETF approval chances are very low and this might be the way for Blackrock to invest in ETH and generate revenue for themselves. I think the ETF of Litecoin might get approved before the Ethereum ETF, do not know how much will the market demand will be if it happens.
444  Alternate cryptocurrencies / Altcoin Discussion / Re: Futurum gaming on: March 27, 2024, 06:04:17 AM
Your website looks impressive and your games should attract everyone. I do have some doubts and hopefully, I expect OP to answer those questions. I would like to know whether funding for the project has been completed and if not what stage are you in at the moment. I do need to know whether you have the license to use those iconic characters in your game as what you are promising is quite difficult to get without a proper license. When are you expected to go live with your game in any time frame that you have, I did not find anything about it on your website.
445  Alternate cryptocurrencies / Altcoin Discussion / Re: Ways to Research a Token/Coin on: March 27, 2024, 05:53:32 AM
I have stopped researching about any token or coin for some time now. They do not make any difference anymore in the current market what I do now is to find the narrative then I do check the trends and how much hype that narrative has in the present and the future. Depending on these criteria I would find coins and check their performance in price point and then plan on investing in one or two of them.
446  Alternate cryptocurrencies / Altcoin Discussion / Re: Is meme narrative shifting from Solana to BASE, BNB? on: March 27, 2024, 05:33:37 AM
I do not think that the momentum has slowed down on Solana. It is still growing and every day a new meme coin is coming up on the blockchain. You can check the number of meme coins on Solana by visiting this page of coingecko. I do not think the BNB chain can beat that number and I feel Solana will know more for its meme coins in the future than utility projects. The demand for SOL is more than BNB or ETH in the market you can easily compare their prices. SOL is still pumping when the market is in red and it is going strong whereas BNB and ETH are not doing so well as of now.
447  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price Predictions? Predict the new ATH! on: March 26, 2024, 05:37:20 AM
Ethereum is still down -26% from its all-time high even though Bitcoin already recovered and already created a new all-time high.

Right now, this is the only reason why I am still not selling some of my Ethereum or taking profits because I do believe, we will reach an all-time high. So, the reward is still higher right now.


What I don't like in the current market is that whenever Bitcoin takes a dip ETH takes a dip. When Bitcoin recover it doesn't recovers back to where it was before the dip. The demand for ETH is not that great due to the high transaction fee. If Ethereum has to go up the transaction fee needs to come down. In the meantime the layer 2 solutions within its ecosystem are doing great.
448  Local / India / Re: HAPPY HOLI FESTIVAL on: March 26, 2024, 04:57:07 AM
Belated Happy Holi! I hope everyone here enjoyed the festival of colours. Only International exchange that is now compliant with government regulations is Kucoin. Your friends can shift to that exchange but you won't be able to enjoy the perks that you were getting on OKX. Kucoin has mandatory KYC policy therefore your friends will need to pass it before trading.
449  Local / India / Re: Another Exchange exits Indian Cryptospace - OKX on: March 26, 2024, 04:48:32 AM
Slowly many other Indian exchanges will leave Indian market. We are seeing red tepism at its best to stop people using crypto exchanges by issuing arbitrary regulations. if you remember Zebpay, they were the first ever Indian crypto exchange and they were also the first crypto exchange to leave India and move to Singapore. Now they are prospering and providing services to 30+ countries.

Sad state of affairs, really! Unless the political and regulatory influences are reduced in Indian crypto space, many other company will leave soon. If they do not leave, the banking system will start non-cooperation to force them to leave.

I feel now that the government is only focusing on getting traders to trade on Indian local exchanges. OKX was an international exchange which was asked to follow FIU directives. The declined and exited Indian market because the Indian government must be asking more data. After the election is completed they would come up with more harsh policies for international crypto exchanges.
450  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoins Making people more profitable than Alts on: March 26, 2024, 03:53:39 AM
Memecoins are altcoins too just they are clearly made for the purpose of profits and have no real world utility, they do so well cause of the hype and promotion around them taht most alts dont have, thats why so many scammers chsose to take their form to steal money cause hypes rules the meme world and the coins with teh most hyoe wins and majorly there is no way of identifying which is a good coin from all of them.

Yes, meme coins are altcoins and their purpose has changed significantly. When Dogecoin was created it was told as a joke coin slowly, the crypto gambling industry started to accept it, which created a utility for that coin. As of now, the new age meme coins are a pump and dump scheme as per my understanding.  Those who enter early make good profits and those who don't, have to wait for the bull market to come.
451  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your doing for now? on: March 26, 2024, 03:36:03 AM
Crypto world is still so much in volatile movement. This time buy or selling both will cause you loss. cause you don't know where to start and where to stop. Most of people DCA, i am seeing many future traders in exchanges. But i don't think its time to Apply DCA method everywhere except Topcoin like btc, eth and around them. So mainly doing my observation and watch altcoins movement. Maybe i would buy them in halving. So option 2 is for mine

I doubt DCAing works for altcoins but I am certain it does work for Bitcoin. The volatility of the crypto market is the main reason why everyone wants to invest. Volatility is very risky but gains in such a market will always be high as compared to stock market. At the moment the market is going sideways we can only watch the market or keep accumulating.
452  Local / India / Re: Another Exchange exits Indian Cryptospace - OKX on: March 24, 2024, 07:40:31 AM
They got Kucoin to follow their rules and regulations. They cannot force an exchange to follow their rules. These exchanges know their value among crypto community in India and they know users will not leave them. That is why they move out of India but never stop Indian users to operate their exchange.
453  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ethereum Ecosystem is better than Solana Ecosystem on: March 24, 2024, 07:08:08 AM
Ethereum ecosystem got a lot better with the Duncan upgrade as the transaction fee in layer 2 will come down drastically. This upgrade will now challenge the Solana blockchain directly as Solana was the choice due to less transaction fee. Moreover, Solana is getting more attention due to the meme coin ecosystem in its blockchain. There are very less utility projects in the Solana blockchain, it is still growing and has a long way to go to compete against Ethereum.
454  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: March 24, 2024, 06:33:41 AM
Cummins and Starc performed like crap and were overhyped as expected. There are extremely few cases of big budget players actually living up to their prices in the IPL so far based on my observations.

SRH came a lot closer to the target than what I expected, but they didn't cross the line successfully as expected. Also, KKR fielding was just abysmal in this match.

You are correct take a look at Ishan Kishan he was bought at a very high rate but has been a failure in IPL. High price players are just hype creators and not good players. Indeed SRH was on the verge of wining against KKR they took some of the best catches in this season of IPL. Whereas KKR were lousy on the field and their bowling was not that good, it was Andrew Russel who took his team to this win. He batted well and he bowled also well but one cannot expect him to repeat his performance in the next game.
455  Local / India / Re: KuCoin becomes first FIU compliant global crypto exchange on: March 24, 2024, 06:15:51 AM
Finally the wait is over and among the global exchanges, KuCoin emerges to take the number 1 spot for becoming the first FIU compliant crypto exchange.
I personally thought it would be binance that would take the number 1 spot but anyway, KuCoin got it first.

What this means for us ?

Now that we have a global crypto exchange which complies with Indian regulatory framework there shouldn't be any issues with getting support from the banks for INR deposits/withdrawals.
We will have the regulatory security and can file legal complaint if there are issues with deposits/withdrawals.

I have personally not used this exchange yet but now that it has become FIU compliant, may be I will give it a try if the need arises.

Source: https://www.prnewswire.com/news-releases/kucoin-pioneers-as-the-first-fiu-compliant-global-crypto-exchange-in-india-302097353.html

P.S: The only issue right now is that we are still unable to access the site. Let's see how that rolls over.

For me, that means that all my trades will now be monitored and the government can ask Kucoin from where I am getting cryot credited to the exchange wallets. Some users of the WazirX exchange have been approached by the exchange on the same topic. I still will avoid an exchange that is now compliant with the Indian government's compliance framework. If Binance does the same then I have to move to other exchanges like Bitget or those that do not stoop in front of the Indian government.
456  Alternate cryptocurrencies / Altcoin Discussion / Re: So Solana is 20x up but Ethereum is dying, yet for years ppl shill Eth why? on: March 24, 2024, 06:05:03 AM
Solana is doing well but it is foolish to assume that Ethereum is dying. Ethereum is far bigger than Solana and its ecosystem is bigger than Ethereum itself. It is because of its ecosystem that Ethereum will not die. The reason why Solana is not trending in the crypto world is due to the meme coins that are in its ecosystem and the way it is going it might get known only for meme coins.
457  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy BNB now? on: March 24, 2024, 06:01:48 AM
A few days back BNB was in the process of breaking its previous ATH but it could not due to the correction. Now it is again at the same price point where it was previously before the short bull runs. Another push will happen in the price of Bitcoin as soon as the halving is over. At that time BNB might break its ATH and it. That is why I think now is the best time to invest in BNB apart from the price gain you can stake BNB and if you have BNB stored on Binance then you can win good airdrops of new projects that will get listed on Binance.
458  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest Only In a Coin that Increase in Value in this Bull Run. on: March 24, 2024, 05:50:56 AM
Well I do think there is alot of coins that are showing profits in this 'bull run'. We do not know which coins will give us big profits.

But for me I like to invest in coins in the top 10 for the marketcap. Ethereum is always a good alt coin if we want to add to our crypto portfolios.

The only coin that is generating profit is Bitcoin and meme coins. I do not see much return being generated from other altcoins. Solana is looking good only because of meme coins that are being launched using its blockchain. Ethereum is not as good as it was in the last bull run, the fee is too high again which driving new projects to use the Solana blockchain. Ethereum copy BNB did far better this time too when the market was in green.
459  Economy / Games and rounds / Re: 🔥 BC.GAME IPL 2024 PREDICTION CONTEST! UP TO $70, YOU COULD WIN FOR FREE! on: March 23, 2024, 01:59:39 PM
@pakhitheboss, I would like to ask you one question. Considering the negative points/runs, if all of the participants get negative runs in the end. What will be your evaluation to consider the prize winners. I found that after watching the sheet for first day. I wanted to ask you about this issue but I waited for the first sheet to get updated.
460  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme and Alt Coins investors, how do you treat with your conscience? on: March 23, 2024, 08:34:44 AM
To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?

What has conscience to with in crypto market. Everyone is here to make profit and for that they choose different kind of altcoins. Some go for long term gain and some go for short term gain. The ultimate goal is to get profits from thier investment. I don't see anything wrong here, to add further it is always advised to invest money that if it is lost won't spoil your sleep.
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