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5261  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think now is the right time to buy Ne0? on: September 22, 2021, 06:11:49 PM
neo is a project of much better quality. neo has been on the market for a long time in a very powerful way. I think now is the right time to buy a neo. Do you think now is the right time to buy a neo?

I don't see any reason to buy Neo when there are so many good projects recently. Neo had a lot of hype four years ago in 2017 but since then it has failed to deliver anything noticeable.

Any reason why you taking interest in this Chinese project ?
5262  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Dogecoin survive without Elon Musk? on: September 22, 2021, 05:11:37 PM
The ups and downs of Doge are a great example of how you can make a hype with an old, almost forgotten coin. And for this you don't even need to pour huge amounts of money into it. Just mention a popular person in Twitter. I think this precedent will encourage other famous personalities to use their influence to continue to fool the population.

Well not every coin can perform like dogecoin performed this year. It was because Elon Musk want this crypto to be one of the best crypto currencies. Also if you follow the project, a lot of new coding and development is going on in the dogecoin. I am sure it will emerge as one of the most used cryptocurrencies.
5263  Economy / Exchanges / Re: Binance set to end Crypto Derivatives products in Australia by 23rd December on: September 22, 2021, 04:59:55 PM
In a new development, Binance will be ending its derivatives offerings to Australian crypto traders by Dec. 23 this year, according to the announcement on their site.

So if you are an Australian crypto derivatives trader on binance. Now is the time to reduce position, close positions and look for an alternative crypto derivatives exchange that welcomes Australian traders.

Quote
As Binance constantly evaluates its product and service offerings to comply with local regulations, we will cease offering the following products to existing Australian users:

- Futures
- Options
- Leveraged Tokens

Effective from 2021-09-24 09:00 AM (UTC), existing Australian users will have 90 days to reduce and close their positions for these products. Users will be able to top-up margin balances to prevent margin calls and liquidations, but they will not be able to increase or open new positions.

Users will no longer be able to manually reduce or close their positions after 2021-12-23 11:59 PM (UTC). Thereafter all remaining open positions will be closed.


It look like binance is squeezing's its operations slowly and steadily.
They might be facing severe regulation pressure from different countries and regulating authorities. I wonder will this impact on the bnb price ?
5264  Economy / Exchanges / Re: Withdraw and stop using Binance on: September 22, 2021, 04:48:53 PM
There are some people on twitter who has followed this story more closely who speculate that the reason why CFTC and the Justice department have not taken action is because they are looking for the locations of Binance’s servers around the world. There might be actions taken and the domains might be seized if they are found. Stop and withdraw, be cautious of Binance.



How can they seize the binance servers all at once and won't let people withdraw ?

Even if they do that, where will all the money  go that is stored in binance ? If that happens, it will be a black day for crypto.
5265  Economy / Service Discussion / Re: Best free trading Signals telegram channels on: September 22, 2021, 03:59:01 PM
I would recommend you to trade yourself and not depend on free signal, so I see these signals both paid and free are not much help and if one day they disappear they will let you down. So it's better that you make the effort and learn to trade yourself. have you ever used any free signal in the past that gave you a profit and what was the profit?

Well, i don't want to just pick up the signal and take the trade. If that was the plan, then i must have opted for a paid group.

I want to join free group to get the hint of signals from free group and then apply my analysis on those coins before taking the trade.
5266  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Gold: Superiority on: September 22, 2021, 03:31:31 PM
Gold price are going down and it is now not an best investment option for people and they are getting attracted towards other financial assets like bitcoin which is giving return unlike gold.Now people prefer to have some income with risk associated and high profits and gold is not the best option now.Those who were optimistic about it also have turned down the stones and made up mind of choosing other options as their funds are also going down with prices.It is now becoming obsolete with time and new technology.

People are using Gold for ages so we cannot say that Gold is more superior than bitcoin. Also the market cap of gold is way more than that of bitcoin.
I don't think we can compare the two at the moment. However, in future maybe 10 -20 years time, bitcoin will overcome the market cap of gold.
5267  Bitcoin / Bitcoin Discussion / Re: Crypto Should be in Syllabus of Students? on: September 22, 2021, 02:59:05 PM
Hello. All. Actually first I come in this space (crypto) in 2017 where btc was $1.8 K to $19K. Right Now Btc is approx $35K.This was really a very interesting exp. for me. Today, i was though t Crypto should be in the Syllabus of students all over the world because there are lots of opportunities in this pace for Young Generations.

What your Opinion for the same?



Crypto is nothing which need to be taught as a subject. When you taught about different currencies, you can include crypto in it too. But i think the blockchain programing can be taught at the masters level. It is in demand skill as there are many projects which will use blockchain technology in future.
5268  Bitcoin / Bitcoin Discussion / Re: Rich people causes cryptocurrency ban on: September 22, 2021, 02:02:27 PM
A lot of rich people especially those who have big names or popular persons are now being involved with cryptocurrency and they are started buying it which triggers more the government to ban cryptocurrency because they know how influential those people that may give a mass adoption on it but those rich people are not the problem and it is the government who keeps on making a wrong decision by banning cryptocurrency.

I don't think that rich people want the crypto currencies t be banned because they are the ones holding them. Basically the people in the government don't want crypto to grow as they do not want to lose the power of money. If they don't have control over money, they won't be able to rule the people.
5269  Alternate cryptocurrencies / Altcoin Discussion / Re: Is KIN (KIN) a good project ? on: September 21, 2021, 03:34:22 PM
Anything is possible but for me I can't give anyone close to me financial advice to invest in kin because I bought the token since 4 years ago on etherdelta till now I see no return on the token and they have been battling with legal case which they just resolved lately, I will definitely wish those who want to invest on it well. But for me I can't make that mistake twice.

Back then it was a junk token and waste investment.
Recently it has been listed on Ftx and it can turn out to be a hidden gem. Also the price of this coins is very low at the moment.
5270  Bitcoin / Bitcoin Discussion / Re: My Past three months bitcoin journey on: September 21, 2021, 03:25:44 PM
Interesting story, according to you, the purpose of this investment is long term, however, I'm wondering how you considered Bitcoin as your best investment? Don't get me wrong, but, the amounts being invested are quite small, considering Bitcoin's value. I believe that sometimes, investing in some other reputable altcoin, such as Ethereum, Cardano, Binance and many more, is deemed more profitable than purchasing Bitcoin.
I am sure that if he can invest in Bitcoin continuously with that kind of method, he will acquire many.
Let's see how he always invests every week for months.
He is always trying to add around 10$ in every week start and he continues it every month.
If he can do it continuously, he will accumulate more Bitcoin.
And well, for here, with that amount, I personally like how he chose only Bitcoin. I know that he said he wanted to invest in it for a long time. So, his purpose may be for long-term investment.

Dollar cost averaging is the best way to accumulate more bitcoins and keep them for long term.  I am also buying bitcoins on every month saving and keep them locked in my wallet.
5271  Alternate cryptocurrencies / Altcoin Discussion / Re: Is KIN (KIN) a good project ? on: September 19, 2021, 12:42:44 PM
In my opinion there is nothing special about the KiN project, the growth is very slow, and isolated, if you want to join this project then you have to research in depth about the usability, volume objectives and most importantly the development team whether it is in accordance with what is expected, but  my advice is better to invest in altcoins that are already listed on several exchanges,

I think we should wait for KIN as it is still a good investment.
It may still reach 0.005$ in mid term.




https://www.tradingview.com/chart/KINUSD/ObbJhY0w-Kin-hitting-0-005-at-end-of-2021-bull-run/
5272  Other / Meta / Re: Why people plagiarize on: September 19, 2021, 06:57:38 AM
Because they have a hard time coming up with words, ideas and structure and it's much easier to plagiarize someone's work rather than just making your own stuff.

If they cant do the hard work to prepare and write the posts themselves, then there is no space from them in this forum. The more quickly they copy paste the posts and make their task easier, the quicker the forum bans them forever.
5273  Economy / Service Discussion / Best free trading Signals telegram channels on: September 19, 2021, 06:44:09 AM
I am looking for a free trading Signals telegram channels. I know there are many paid ones too who have free channels too. I am looking for the best ones among all.
I don't have plan to join paid, but will join the free ones which provide value.
5274  Economy / Gambling / Re: 🚀 500xBit.com - Easily Bet On Bitcoin - 500 ❌ 250 ❌ 100 ❌ 50 ❌ Insane Leverage! on: September 19, 2021, 06:15:04 AM
Are you going to add popular alts soon, so for those who are having issues with high fees in bitcoin, they can also play, like using TRX, XRP or LTC?  But it is fine if you are still in fine tuning stage of the site. I understand that it will take time. As long as you are active in this thread, not only because you are just starting but as you establish your name in this industry.

That would be great if we get to play with cheap altcoins like TRX or DOGE. Most of the sites have support for these coins and i wish 500xBit also in co-operate them in their site as soon as possible.
5275  Bitcoin / Bitcoin Discussion / Re: Is double spending a threat to bitcoin adoption growth? on: September 19, 2021, 05:55:25 AM
They using their own local exchange to transact and I doubt that double spending will ever happen to them. As far as my experience, I don't have any sort of double-spending error in my past transactions using my local exchange and I'm also pretty sure the same case applies to my fellow countrymen since no one has ever posted something like that in our local board. I think they need to focus on fast and reliable local exchange if they wanted to avoid such kinds of errors.

Same here, i never come across any incident where bitcoin was double spend successfully however there were some unsuccessful attempts.
For me, bitcoin has no threat from double spending as it is impossible to double spend on bitcoin block chain.
5276  Bitcoin / Bitcoin Discussion / Re: lets imagine world without fiat currency on: September 18, 2021, 10:42:13 AM
If this thing was happened i dont know what about lower level of society such as tribes or rural people they can't use currencies and they could'nt be easy to access in currencies but as i know cryptocurrencies is only alternative way for paying or banking.

I can't imagine it as I know it will not happen.

Fiat = government, you can't take that out from the equation as that is the norms of the world.

Bitcoin was invented not to replace fiat, but to be considered as an alternative, it's just that people are more investing on bitcoin than using it as a payment system that's why we thought it will replace or disrupt the current norms, I'm telling you, it's not gonna happen.

Yes, government need fiat currency to run the system of the economy but it will be interested to see how the countries like El Salvador and others run in the long run once they have made bitcoin legal tender.
We can only imagine world without fiat but i don't think it is possible in the short or medium term.
5277  Bitcoin / Bitcoin Discussion / Re: The risks of using Bitcoin on: September 17, 2021, 05:17:00 PM
it is important to be more aware of the risks of bitcoin as it is said. does not mean that bitcoin investment is a risky investment but it is good for us before entering into it we understand the positive side and also the risk of bitcoin itself. we also have to know that if we have entered into it then the risks that exist must also be acceptable. I think so far the development of bitcoin is still doing well and does not harm the government or others. what is certain is that if we can position bitcoin well then it will not harm and can make us get the profit.

I understand the risks mentioned by the OP but consider the advantages of bitcoin and you will find that there are more risks in the fiat money than bitcoin itself.
I think all the risk which are told by OP, more or less exists in fiat system also and the biggest drawback of inflation in the paper money. Did we stop using it even though we know it will keep on losing value ?
5278  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Signature] SmartFi 🚀 2 weeks campaign 🚀 [Token Sale Live $5.5M Raised ] on: September 17, 2021, 04:24:51 PM
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5279  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty] Foobee 🚀 Swipe to earn 🚀 $100k worth of tokens | 1 month Campaign on: August 26, 2021, 08:16:59 PM
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5280  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope others will learn from this on: May 09, 2021, 11:26:16 PM
Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Ofcourse you need to remain in touch with the market to see the development in the coins in which you invested. There are many forks in the small cap coins and if you remain out of touch, you will be surprise to know that your holding are worthless because you did not swapped the tokens in time. In few cases, exchanges automatically swap tokens, but if you are holding in wallet, then there are certain steps to be performed within certain timeframe.
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