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501  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin pump and dump on: November 11, 2020, 03:16:54 PM
The previous years had already conditioned our minds not to believe all these prices pump already, I didn't even buy some tokens because I'm seeing this could just be a bull trap once again.  The top altcoins are acting the same way so you might just be buying the top ones just to be safe even if it means holding it for long term.

Pump and dump scams involve two groups of people. First, there are the players who artificially increase the price of a coin by promoting or endorsing it. While the modus operandi has changed, pump and dump schemes are alive and kicking in the altcoin market due to its unregulated nature.

Today they can just do it using the exchange by biding high price while the number of tokens demanded is just too small. It doesn't need to have hundreds of USD to do it. They can even use the bots and that makes it easy for them to make money out of it.
502  Other / Beginners & Help / Re: Can A Chrome app be a malwware and steal your private keys? on: November 11, 2020, 02:05:00 PM


I am using metamask chome extension which I have import my MEW wallet to it using the privatekey and whenever I login to this metamask chome extension, the wallet is also connected. Does it mean I'm risking my funds?

I'm quite not very sure about what I did because I kept betting on casino using it and it's needed to make transactions on Uniswap. There is just no way else for me to do it but on metamask extension.

503  Economy / Trading Discussion / Re: Extreme greed on the market on: November 11, 2020, 01:15:03 PM


Was also disappointed to see my USDT is just sitting on my account waiting for the correction to happen but it just continues to go north. I use to hear users who analyzed the market that it can't sustain that long and when RSI tells the market that its overbought, it's got to go down. And then the thought also that I'm still a newbie in analyzing charts made me think I'm also wrong.

Not using as such in deciding the trades or investment, though it can happen that some correction can take place, but since it will affect more of daily traders/speculators who go long or short in futures etc. For a long-term investor who invest and keep it would not affect much only thing on fall gets an opportunity to buy more.

An opportunity to buy more is actually what some of us are looking after. If the price ain't dumping, the opportunity to earn more USD passed as well.

504  Alternate cryptocurrencies / Altcoin Discussion / Re: New projects can still deliver on: November 11, 2020, 08:10:58 AM
Regret not listening to someone when he said Synthetix was rising it quickly. I remember him creating a threat for it but I ignore that signal. After few mknths the token is worth $2 each, this is then I decide to get in before the prices shoot to the moon.

The project is really worth watching and I think they can tokenize projects even from the stock market as well. Aave as far as I know has this type of plan in their roadmap. Both SNX and Aave will likely among the defi projects that will have higher value.
505  Economy / Economics / Re: Hoping that its the end of corona virus on: November 10, 2020, 03:57:08 PM

I only heard immunity and without drugs from Jetcash.  I'm not sure if it's possible, there are conspiracy that this virus is just fake but the number of deaths though is just too much to ignore. There are vaccines that are in the last phase of its trial and I guess there will be no problem already. The sooner we get vaccines the sooner we can get back to recover the economy.

The problem with this virus is that it divides countries because the difficulty of handling this pandemic was also used to point fault to the governing officials like Trump. In effect, this divides a country. Politics is just getting worse.
506  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to call the people into crypto on: November 10, 2020, 03:17:57 PM
Already teenagers are showing interest and crypto is the best and easy option to grow in life.
Do you know why most of the teenagers are the one who are showing interest in crypto? because they are full of ideas and curiosity about what cryptocurrency is. They are the one who has dreams and ambitions and has the ability to understand things about the internet world and also they are the one who are going into the flow of advancements and continues upgrading of the technology. To be honest in our department at school, most of them are really interested in crypto in which they are just teenagers that are full of ambitions and dreams.

Those young minds are good to be developed, it's not just about the money but the development which will help this new generations in terms of digital

advancement, the help of blockchain will let them to explore many potentials, it's great to know that there are many of them who are starting to embrace

this form of currency, for now the investment part but in due time they will realize it and developed it in a more advance usages.

They are also the ones easy to lure when a project is offering a 20% return within a month. When a teenager who wanted freedom and wants to show to their social media account like they are living the dream already, they are an easy target for scams.

What I think is best to tell people in crypto is to start buying top coins and anon coins and withdraw to their personal wallets. This is because when CBDC is done creating digital currencies of countries, monitoring each of us is possible already.

507  Bitcoin / Bitcoin Discussion / Re: Will Turnoff Happen to Bitcoin on: November 10, 2020, 12:34:30 PM
after the announcement by Paypal Bitcoin have been experiencing a huge transaction lagging and ridiculous size of the mempool.

PayPal didn't cause that, the reason why it happened is that big price movements cause a lot of trading activity, which means people make more transactions to exchanges, and more transactions means more competition for block space, so higher fees.
But what I understand about crypto market is that some news help the market in gaining more traffic and with crypto lover long wait for giant payment company like Paypal to integrate Bitcoin which now happen, we cant say paypal is not one of the reason behind the transaction congestion.


Paypal is one of the reasons why it's going up, no doubt about it. It made it easy for paypal users to get into crypto market. Like they said LN is a solution for the rise of the transaction fees and shifting to an altcoin could also be a solution. 

One thing that is also making users move away to BTC is the withdrawal fee from exchanges. It won't really be high if you look at it as satoshis but people normally look at the value in USD.
508  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum User Spends $9,500 in Fees Sending Just $120 on: November 10, 2020, 11:23:51 AM
In my opinion this is purely the user's fault, but it would be nice if the miner also returns such high Gas fees for the transaction,  although miner has full rights to the decision, make it a lesson for all users to always pay attention to everything in detail before really make transactions.

Yes. He manually inputs some numbers in the gas because metamask wasn't adding gas for him. I wonder how that happens, maybe his metamask isn't updated because afaik metamask automatically provides options whether he wants the transaction to be prioritized which costs less than $2.

He claimed that it destroyed his life lol, I'm not so sure about that. There are certainly thousands to millions of people that don't have $9500 worth of ETH.  He must have more in BTC.
509  Economy / Exchanges / Re: HitBTC.com - The most advanced cryptocurrency exchange on: November 09, 2020, 06:45:20 PM
AFAIK, Elrond has migrated and launched mainnet and they're now called Egold. This has something to do with it. I see that they're not yet on the market pairs on coinmarketcap. It means that they haven't finished the upgrade. See all the details on the links.
(https://coinmarketcap.com/currencies/elrond-egld/markets/)
(https://elrond.com/blog/the-elrond-token-swap-begins-on-the-3rd-of-september/)

I hnow elrond was change the name of token from erd to egld, and redenomination of 1000 ERD:1 eGLD.. But what i asked was why HitBTC shut down deposit and withdrawal for so long (3 months!!) ,if they dont whant to make the swap to egld, at least open the withdrawal.
We can't do something with that if they have shut the withdrawals for that long. There were exchanges that are acting like that for the sake of those upgrades and just wanted to make sure that everything goes well before they open it. But in this case of Hitbtc, we can't remove the doubt that they're acting incorrect because of those complains that we always hear from their users. If they won't read this thread of theirs, contact the support and ask them why it's taking that long.

They are not reading the chatbox either, I just submitted a ticket to them earlier today. Lots of complains to this exchange yet they continue to have traders in hitbtc.

They are still collecting trading fees from the pairs which we can't even withdraw. There are GRIN and XMR I have that I was forced to convert to BTC because they don't allow these coins to be withdrawn anymore.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 6 DeFi projects to watch in 2020 🎯 on: November 09, 2020, 01:55:35 AM
Nice list, i'll stick on Yearn and curve. i liked both DeFi projects. only about 2 weeks ago the curve has just reached ATH, and I think there are many more to come with curves and also yearn finance, maybe for alternative uniswap is also quite good


I think these are the most popular, but I do see DeFi changing drastically. So maybe there will be new coins in the future in this space.

Don't get me wrong. 99% of DeFi projects are scams, but I think decentralized finance could pivot and become something that can change the financial industry eventually. I don't think we've seen it all in DeFi.

The ones we thought are legit projects could also turn into a scam. We have yet not know when their developers are going to snap but while we are already investing in the projects, we might as well strike while the iron is hot.

Among the list, its Yearn Finance that I don't trust. Probably because I just wake up and it's already more than the price of what anyone will expect. I wonder why you are not listing the AAVE formerly LEND that started with the minimum price of less than a cent.
511  Economy / Gambling discussion / Re: Gambled against Biden - funniest instance on: November 09, 2020, 01:28:24 AM


I'm more interested in how much did he bet, this is a president. Can we assume it's a million USD?

Not all president will announce something like this, it could really be added to trivia if there are just detailed facts of his bet and was it done on a betting platform. It would be a good promotion for the platform as well.

What are the benefits of Hungary when Trump remains to sit?

512  Economy / Gambling / Re: 🎲BetFury.io|⚡️Free BTC|⚡️$3mln Divs paid|⚡️$200K Jackpots|⚡️$1mln Cashback on: November 09, 2020, 01:03:50 AM


Is there any rate for dividends like how much we get if we stake 10,000 BFG tokens?
A casino is a money machine but I'd like to know if a passive income will continue to be good if the team decides to stop promoting the casino. It has to keep the promotion otherwise players are going to diminish.

I have a strang phenomenon going on these last couple of days. When I am playing a game in auto mode, after a while I am (without reason) redirected to the homepage, which is very annoying.
Anyone else having the same problem ?

I have the same problem. Please fix that, Betfury! It disturbs the gameplay...

Ok, thanks!
There seems to be another bug, the faucet is now giving 25 satoshis (every 20 min), but as we are still in the birthday week it should be 75 satoshis...

Faucet giving away 25 satoshis every 20 mins doesn't sound good though.
513  Bitcoin / Bitcoin Discussion / Re: The main driving force behind bitcoin rally on: November 09, 2020, 12:46:02 AM

The increasing number of financial institution investors like GrayScale and MicroStrat must have help investors decide to buy as well. Accumulated demands making BTC rally and then mixed with FOMO. 

Demand in the main driving force behind bitcoin. Many people are being aware about the value of bitcoin and because of what happened in the past year 2017 , many people thinks that it could reach another all time high more than before that's why they are buying now and hold until he time will come and that's the reason why bitcoin price keep on increasing now.
It was FOMO by those who didn't able to join in 2017 and thinks it's time to ride now in 2020 as it may happen again and have ATH created again. From Bitcoin fast recovery from lockdown to PayPal adoption and some also connects it in US election. News gives impact to others who wants to invest in BTC and it can really affect the market.

Paypal and election had been connected to this and I think paypal really has big effect BTC price. Election of Biden was also linked to the war that is brewing, they were saying about Nokor or Iran, it's all conspiracy theories but whichever, BTC will hedge.
514  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥⭐[ANN] DeFiat – A New Brand of Decentralized Finance🔥⭐ on: November 09, 2020, 12:06:32 AM
Quote
SERVICES: Native staking of DFT, as well as the ability to stake any ERC-20 token,
awards yield from the DeFiat Treasury.

Defi trend is still very strong and what is most important is supporting the right defi project, there are many projects out there claiming to be defi but only few can actually be considered as one, although I don't know much about Defiat yet but the above quote cut my attention, the ability to stake any other erc20 is very appealing i can't wait to know more about this.

you can read the whitepaper and join defiat telegram and discord man, of course if you really want to know more about this project
and if i'am not wrong, this token now already tradeable on uniswap

Yes its on Uniswap its price is $1.40, you can see it on its etherscan https://etherscan.io/token/0xB6eE603933E024d8d53dDE3faa0bf98fE2a3d6f1

The contract address of this token is 0xB6eE603933E024d8d53dDE3faa0bf98fE2a3d6f1 which you can use to trade on the platform for the real DFT token. I have not read the WP since the team is unknown and the name of their Blockchain Developer is Stupid  Grin

It is really amusing that we can see DeFi tokens getting price that is not really justifiable. Some popular alts with known use case can't even reach that price level. Will not be judgmental about their capability but hopefully they can really do something so their investors will not be disappointed for buying their token.
yes a lot of projects lately talk with nonsense and false promises that take advantage of the DeFi or FARM trend situation and so on where the end is that there is no clarity of the project and product with unclear and dead I hope it will not happen with the Defiat project

For investors who are not aware and not in bitcointalk, the tokens are going to be bought. If its going to be listed on exchanges link binance, the price will plunge. The token is no different from the previous defi scams we have seen before.

But we'll see I still have more trust in decentralization than in the controlled environment of CEX. The new open finance term since the new trend soon.



515  Economy / Economics / Re: Second lockdown in Europe can their economy survive this?. on: November 08, 2020, 11:55:08 PM
I have the opinion that a second lockdown in Europe will not destroy the economy, The government in Europe should be better prepared
to face a second lockdown. There must be several steps taken so that the second lockdown will not have a bad impact on the economy.
Then Germany and France which have imposed a second lockdown, including countries with a fairly good economy, so I believe that once
the lockdown ends the economic recovery will be rapid. So don't worry too much about this second lockdown, I am optimistic that the economy
in Europe will survive.

They got used to it after the first one and they now know what to do. We were all scared like it's the start of the end of the world where we all are going to kill each other to survive. When I first heard people are looting stores, I bought some barbwires but then I realized overreacting is more dangerous. I'm sure they all have learned their lesson since the first lockdown.  

Europe will survive. They are not going to entirely lockdown anyway, probably just streets or villages where there are infected people. If I was from there, I'd probably prepare dried fish, bread flour, and rice.
516  Economy / Exchanges / Re: Best DEX trading platform on: November 08, 2020, 04:32:08 PM

There's Vitex which is the same as the order book type of DEX, this isn't particular to certain platforms like IDEX or DYDX which is only for ERC20 tokens.

The vitex exchange does have BTC/USDT but has low volume though, the tokens traded well here is their native token because it can be staked to earn daily dividends from the exchange trading fees. It ranked 16th in the https://coinmarketcap.com/rankings/exchanges/dex/
517  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥⭐[ANN] DeFiat – A New Brand of Decentralized Finance🔥⭐ on: November 07, 2020, 04:13:57 PM
Quote
SERVICES: Native staking of DFT, as well as the ability to stake any ERC-20 token,
awards yield from the DeFiat Treasury.

Defi trend is still very strong and what is most important is supporting the right defi project, there are many projects out there claiming to be defi but only few can actually be considered as one, although I don't know much about Defiat yet but the above quote cut my attention, the ability to stake any other erc20 is very appealing i can't wait to know more about this.

you can read the whitepaper and join defiat telegram and discord man, of course if you really want to know more about this project
and if i'am not wrong, this token now already tradeable on uniswap

Yes its on Uniswap its price is $1.40, you can see it on its etherscan https://etherscan.io/token/0xB6eE603933E024d8d53dDE3faa0bf98fE2a3d6f1

The contract address of this token is 0xB6eE603933E024d8d53dDE3faa0bf98fE2a3d6f1 which you can use to trade on the platform for the real DFT token. I have not read the WP since the team is unknown and the name of their Blockchain Developer is Stupid  Grin
518  Alternate cryptocurrencies / Altcoin Discussion / Re: Uniswap has made it easier for scammers? on: November 07, 2020, 02:22:00 PM
There is no way to stop them until everyone who goes into DEX knows what they are doing and are aware of the risk that any project can become a scam. If they aren't aware of what they are doing, they better just stick on CEX because there is support in those platforms and less risk there. I guess spreading the information on how to use DEX and swapping platforms will make a newbie well equipped.

You can just copy another projects name with a new token and list it on uniswap or other dex, newbies that come around to buy coin will eventually get caught in the trap, they will buy the fake coin thinking it's the original, this freedom that DEX gives will be its down fall.

Not really the downfall of DEX.  It's still good to be on DEX. You may find yourself someday using DEX because you want to have the privacy of your details.  
519  Economy / Trading Discussion / Re: What technical indicators do you use and why on: November 07, 2020, 01:06:59 PM
It is not a good idea to use too many technical indicators because, by analysis, they will cause paralysis. Each trader will have a set of favorite indicators of their own, so there is no perfect combo.

For the sake of simplicity, it is a good idea for most people to use candlestick charts with indicators for RSI and MACD. The Portion of volume is best viewed separately from the price chart, as an overly makes the chart a bit more difficult to evaluate.

I think in most cases that's true and you should use 2-3 indicators at most, most of the indicators are lagging indicators which makes them less than useless anyways and they only will distract you and make you doubt your trade decisions that you made looking at more proper indicators like RSI, I wouldn't suggest MACD though as it can be way too inaccurate at times and instead of that you can use WaveTrend which has a bit more accuracy since I tested them both myself alongside of each other.

It's because if you only have a free account on tradingview, you are only limited to 3 indicators on your chart. Mostly RSI is being used. I also use it to identify when to buy a token in the weekly chart and then swinging there whenever there is a chance of overbought and oversold.  I hate MACD for that. I leave it to the pro but fibo is my next fav to check for support and resistance.

I even not use the MAs for this but the 200MA is good to have at least.
520  Economy / Services / Re: [OPEN] UNICAP Signature Campaign | Hero/Legendary 0.0026 BTC/week. on: November 05, 2020, 08:24:58 PM

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