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601  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [IEO] ⚡AMEPAY- Crypto ⇌ Retail. IEO in BKEX + Listing in Bithumb Global 🔥 on: April 25, 2021, 07:18:46 PM
Yes, I have rejoiced to early. Now we see another promise about distribution in 10 days. As I remember, we have already heard such promises before. It's sad.
The main problem is that the transaction is possible and the team has decided to cut 150 AME in exchange for it and there is little progress on this, because some participants have already received AME, but there are still many who have not received it.
Those who receive payments are Twitter campaign participants. and the next distribution is the signature campaign. but from what I read in the team group it will not give full payment. whatever the reason. chances are they are afraid the price will dump back up. but with the total ame that is shared it will not make the price drop significantly. what is clear is that the team always postpones payments for the participants
When gas fee was very high most projects' complain for delayed payment was the cost of sending ,now it is with plan to control the price. Amepay complain is unacceptable, they delayed the payment when the price was still low and now struggle with payment when the transaction fee hit the lowest in the year currently. They got enough exchanges to handle the volume trade and got bully with BM and hunters. I support the plan to go after them
602  Alternate cryptocurrencies / Altcoin Discussion / Re: Taking Profits on Altcoins Strategy on: April 25, 2021, 07:07:30 PM
Your strategy is complicated. My suggestion is to stick to a simple strategy: buy bitcoins and hold them for the long term.

As for the tax questions, As a citizen or resident of the U.S., you must pay taxes any time you convert a coin to dollars or another coin. There are no tricks that can avoid it or delay it.
Longterm is a relative period, It is not the smartest decision to hold coin through the parabolic market of bullrun for another time. Taking profit as such period is to reallocate fund to buy from the dip and have bigger position. Technical Analysis should have been the best tool to determine when to take profit but it has so much dissappointed to pick the peak of the market and allow exiting early. I prefer a staggered form of taking profit all through the market to buy into other coins and stable coin
603  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [New Bounty] Dego finance | Bounty pool 100,000 Dego token. on: April 25, 2021, 06:34:10 PM
Does he really have fund for this bounty?
604  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero and its future. on: April 24, 2021, 05:41:20 PM
https://twitter.com/monero/status/1384151769475784711?s=19. The link above is retweet of the developments on monero over the year but I noticed there was no comments on such an interesting exposition. Monero users are more private trade, so their identity might remain discreet while they enjoy holding and trading the coin.
605  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you trust centralized exchanges? on: April 24, 2021, 04:49:02 AM
I don’t trust centralised exchanges thats why as much as possible I don’t store big amounts to them. The risk of putting money in centralised exchanges is very high, we know how vulnerable they are in terms of security. Sometimes the problem of loss funds is not the exchanges fault, some are users neglect in securing their accounts.
Because in the first place, it is not advisable to store funds for very long to any exchanges either if that is a centralized or decentralized exchange if we want to keep our fund safe. Everything that we stored online is prone to hacking and that we need to be careful using them that is why we have to choose those who are already known exchanges.
Analysis showed that CEX still hold plenty coins even with the several warnings on the safety. Some exchanges like binance have the trust of users, maybe because they have been hacked before and users fund were safe. Exchanges don't keep such large fund on the platform to protect the backup fund.
606  Economy / Speculation / Re: Bitcoin will drop to 20k is not time to buy btc now on: April 22, 2021, 09:31:02 PM
Please tell me more, Mr. Bitcoin Nostradamus.

Look at btc charts is move 1% a month. Altcoins have much better ROI of 2-5x till the end of the bull run.
BTC keep you poor this bull run.
I can only see reduction in dominance of Bitcoin, if compare with previous cycle, it is only short term before the parabolic. I expect the new ATH of Ethereum in BTC value when the hardfork is approaching which should reduce the transaction fee on the blockchain.
607  Bitcoin / Legal / Re: pursuing legal matters with certain coin on: April 21, 2021, 06:54:51 PM
sorry this is for altcoin however it is also legal. I could not find legal subsection for altcoin. I am ok to move to other more appropriate topic.
I am having major difficulty with restoring account with binance and few other tokens. I am in need of legal assistance as those entities has no physical address in the USA and evasive with their contact ifnormation. Any has any expert law attorney office handling the crypto legal matters? Class action?

Thanks.,

Before you pursue any legal case with Binance, remember they also have enough legal support with massive experience. You might need to go through all the legal notice while registering on the exchange,if you agree to them then you have to abide the rules. However, your case is not that peculiar, though it might take some time as USA citizen or resident but they could like release your asset later. It took almost 3 months for my brother before he could assess his fund, it has been very difficult for Binance in USA.
608  Economy / Speculation / Re: 🛑 Do you feel like Elon Musk has inflated the crypto Poll With Results 🛑 on: April 21, 2021, 02:49:26 PM
He pumped DOGE clearly to his own advantage. Having the opportunity to quadruple your investment in a matter of hours just due to your influence and not profiting off it is quite silly unless you really care about the market's health. Let's be honest, DOGE wasn't/isn't going to be able to keep that price up. His influence will end up the same way McAfee's did.

Bitcoin wasn't really affected by his tweets. Although he did say "everything to the moon", pumping BTC is much more harder nowadays than pumping DOGE is. Besides this.. DOGE remains a meme, while Bitcoin continues to do wonders. That's the difference. Influence will continue to be used tho whenever someone feels like they have it.
How is the doge pump Elon musk advantage? Nothing proofs he owns doge. At a point he claimed, doge was used in the home as fun.
609  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on SafeMoon? on: April 20, 2021, 09:06:56 PM
what is the link to the safemoon website and social media pls?
Have not decided on my position on the coin but I always want to follow any trending coin and do my research not to miss out if it is worth investing, most especially if it is early and cheap
610  Economy / Speculation / Re: What are the fundamentals behind the conception: 1 BTC will worth USD 1 million? on: April 19, 2021, 09:07:28 PM
Bitcoin wallet with over 100k btc coin is said to be increasing and the investment is coming from Institutions, those that are long-term holders. There investment strategy is to own a fraction of the whole bitcoin supplied. This movement from institution and wealthy individuals around the world is changing the asset class and will easily increase the value of bitcoin toward 1 million dollar in the nearest future , if the scarcity is sustained.
611  Economy / Speculation / Re: I just realized I'm 99.9% crypto and 0.1% in fiat on: April 19, 2021, 08:44:05 PM
mining gear .........  40%

Damn. That's quite a huge allocation on miners. Tell you what, I know a dude that's interested in buying bitcoin mined outside of China.. /s [context]
Is there a difference for bitcoin outside china?
612  Economy / Speculation / Re: April 14, Coinbase IPO and pump on bitcoin? on: April 19, 2021, 08:40:29 PM
I guess we were not on the same context with the word top. What I meant was the top as in top. And its current ATH is definitely not its top. It would definitely grow more than that.
I like the play of words, could you elaborate that is in bold letters Cheesy. According to you what is the expected valuation the price could rally, since it is a speculations thread you will hear many opinions about their all time high valuation that could be attained in this rally.

The coinbase IPO is the reason for the market to reach new levels but now we are seeing a minor correction and i am not too optimistic about the price reaching hundred thousand during this rally.
It is even of some opinion of insiders that the IPO made huge money for Armstrong than we think, considered a manipulative move. He sold 5 billion of the token on IPO to acquire bitcoin, the veracity of the information cant be ascertain but there is possibility. Binance is the only exchange that keeps surprising me the token economics that seems not to benefit team and founder. The pump shortlived and had produced the largest single dump with hash rate.
613  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Another huge dump happening today, is this it? on: April 18, 2021, 05:21:14 PM
A lot of news on the dump but I think the coinbase IPO hype is over let's have another run maybe by another news or developments. I saw the speculation of the collapse of the hash rate, it was considered a normal response and repetition of 2017 hashrate but things are happening faster than in previous.
614  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TRX and XRP are doing well on: April 18, 2021, 05:01:00 PM
TRX and tron blockchain has a lot of benefits and utilities, xrp in the other hand not really.
The ripple ledger and xrp are not always related
Why are the Ripple and XRP ledgers not always related? can you explain in detail about this? because you are saying this which seems beyond logic to me, because basically every token has its own network in the crypto space.
Traders are beginning to understand that any Coin can pump in bull market irrespective of fundamentals and technical analysis. Most of the top crypto guru will never recommend the purchase of some of these coin even Doge but they had made more money than some of the coin they are holding. Am still waiting for other bitcoin hardfork, just maybe they will pump as well although I still don't have the confidence to hold it. Tron is not that bad but Justin had been quiet and investors are losing trust in him, XRP court case and delisting should not be helping at all
615  Economy / Speculation / Re: Bitcoin, I salute your final ATH. on: April 17, 2021, 10:22:56 PM
The post on the end of the market here and twitter is worrisome, they got no data or statistics to support this opinion and could be very distracting. If we consider the cycle like in the past we might see a leg up from here starting from ETH and altcoins before the parabolic move. It has been a long price pump from last year and the sentiment had been sustain, remember to prepare for the tax
616  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 Million BNB Burnt today on: April 17, 2021, 09:58:19 PM
The burn is already done? Why is the price keeps dropping then? BNB needs to retrace it's all time high to start surging again but right now I don't see any bullish trend but I believe that 520$ per BNB is still a steal, BCH on the other hand is going to 1000$ wether you like it or not, many people hate BCH but it has what it takes, anyways it's not to late to buy BNB
BNB had around 8 or more burn in the bear market and there was no immediate response for most of the burn, however, Like CZ binance tweeted it took just 3 months to achieve more than 12x in price. BNB asides ETH as exchange coin has the higher used cases, the growing BSC decentralized exchanges, Initial Exchange offering and blockchain adoption is showing a remarkable impact in the bull market
617  Alternate cryptocurrencies / Altcoin Discussion / Re: Polkadot is the Real Ethereum killer? on: April 16, 2021, 08:43:28 PM
I am not sure about your statement, in my opinion, it is not a polka-dot who will compete fiercely with ethereum, but bnb or binance that will make ethereum shift from the throne that it currently has.
Yes, because what can be seen at this point is that it is very clear that BNB is starting to compete with ETH in terms of competing for positions and placing themselves in a good position through the popularity of their network, because ETH has also experienced a very good increase so far.
Polkadot looks like a distraction till BSC took over with surprisingly high adoption, the emerging high numbers of decentralized exchanges has really helped the migration and adoption of BSC. The ability of a thousand transaction per second ,very transaction low fee and exchanges were influential to the adoption. Polkadot's pooled security and trust-free interchain transactability has not been enough to compete with Binance chain.
618  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin recommendation for this alts season on: April 16, 2021, 07:36:41 PM
We have had a strong recover from the bear market for most old coins and new, 80$-$2500 for ethereum and $3200-$60,000 for bitcoin. Now we may not see that size of ROI on investment like in few new project that could come soon. For new projects, We might need to consider teams, project idea especially the Defi and NFTs, partners and venture capitalists or investors
619  Economy / Trading Discussion / Re: What are some good crypto trading apps on Android? on: April 15, 2021, 10:08:28 PM
I don't know a lot of available apps in android but I have Binance recommended to me by a friend of mine, it is easy to use and it is not overwhelming when it comes to what buttons to push and where you have to go.
There are many cloned trading app on android that should be avoided, you might have to follow link from websites to prevent. There is a convenience with laptop and other advantage of security than on phone, a larger screen android device can be equally preferred. Choose new android device also to enjoy the use of some of the app; from interface, strong internet access etc
620  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the most commonly USED crypto currency in the future? on: April 15, 2021, 06:59:27 PM
Few people consider stable coin after bitcoin itself. Bitcoin is obvious getting to the asset class like Gold and may sustain the scarcity irrespective altcoin dump. Stable coin can easily gain the trust of Governments because of its volatilty, which could improve adoption among countries for online trades. The only challenge for existing stable coins is the cash value to defend the market cap.
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