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741  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT is an interesting space on: August 18, 2021, 12:36:06 AM
The problem with these NFTs is that you cannot sell them if no one buys them.
Most of NFT that can be considered as art like that isn't meant to be an investment, it was meant to be collectible just like how you buy arts or painting from an artists, when you buy it you want to put it on your wall and not reselling it in shop.
If you are looking for an NFT that can be resold easily then it's NFT that is based on game like for example an axie, or any NFT games items, these kind of NFT always have quite high demand because it can make the gaming experience better or to earn in game tokens.
742  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from the fullest dip on: August 17, 2021, 07:34:02 AM
Extraordinary advice, remember to always take profits when you can, this market is truly unstable and unpredictable. Who might have realized that the plunge would be so awful, there are significantly more clients currently so demand should be higher
This is right, if there is opportunity to take profit when the market is going up then maybe it's the right time and the market will probably go down again.
However this can also cause us to not maximize the profit we get when the market is still going up but we don't know if the market will go up or will go down in the future. That's why technical analysis of the market is needed at the time like this to see if the market will be going up or down although not accurate but can be helpful.
743  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH adoption lately is high on: August 17, 2021, 02:49:13 AM
Ethereum's network is really going strong right now specially that EIP 1559 was fully operational. There are various reason with this adoption and the best one is the burning functionality to the fees generated.
I also think that the burning of ETH is what make the price of ETH going so high and the market going strong today, the market has been having pump for few times already but the price of gas is also staying high although the promise was after the upgrade the price of gas for eth will be solved I expecting the price for gas to be the same as Binance Smart Chain but right now its even become higher than before after the price increase, i think many people still prefer to use Binance Smart Chain today.
744  Alternate cryptocurrencies / Altcoin Discussion / Re: What nft functions can you think of? on: August 17, 2021, 02:17:25 AM
For Donation. Last Month i see some NFT in Binance NFT Marketplace and in the first page there's any NFT Created by ATTA and the money is for donation. So, i buy few a Mystery Box in there.
This really a good act of kindness and will make many people interested in charity.
I think not too long ago we also heard big company using NFT to make donation and if NFT can be consistently used for making donation like this it will help contribute to the world.
Maybe in the future we also will see artist using NFT to make charity event like what being done by many influencers in social media. this can help the charity become even more interesting.
745  Alternate cryptocurrencies / Altcoin Discussion / Re: Becareful with Meme Coins on: August 14, 2021, 06:41:16 AM
you are right sir, the trend of memecoin is almost over and now we should be stay away from these coin. now we should look for top 20 coins or devoleping coin of NFT. NFT trend is looking good. those who already made profit should think about that meme coins has no use. after trend no one will buy it and result in huge dumop.
Even if the trend is almost over we should stay away from coin like meme coin from beginning because its speculative.
Instead, project like NFT games will give better opportunity to earn by playing instead of making speculation. So you will not need to worry that you may lost some money you have because of the price fluctuation that can be very harmful, while most of NFT games will just become stable in the market and not have that much fluctuation.
746  Economy / Trading Discussion / Re: reasons for bad trading on: August 14, 2021, 05:36:14 AM
True .. greed and feeling of insatiable is the thing that hinders some of the way to trade . From here we learn the importance of self-control and gratitude. A merchant will continue to make the same mistakes if he does not keep their self-control from greed and lack of gratitude.
I heard some advice from youtube influencer that said we should stop for a moment if we have made a mistake and maybe because of loss or something like that because we have bigger chance of making a really bad decision that can make us losing more and more and i think that advice is a good advice. maybe just become more patience and patience analyzing the market will help, after all analyzing the market is part of the progress.
747  Alternate cryptocurrencies / Altcoin Discussion / Re: Are meme/NFT investment really worth the hype they're getting?. on: August 14, 2021, 04:59:40 AM
i'm sure there will be a lot of games using NFT in the next years because it works on several games like Axie or Vulcan Verse.
I think what stopping good quality high rated game from using NFT is if the concept is still complicated, it will be harder for them to use it.
Most of the high rated games will probably stay with the same way they using right now until NFT become more simple and easy to understand.
But there is also always a chance for the high rated games to use NFT as well maybe to make their game more interesting and attracting, it could help them improve their game uniqueness.
748  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum or Binance Chain (BNB)? on: August 13, 2021, 03:43:14 AM
Both tokens are very favourite of my portfolio so I think recent lots of project is usually used BSC network for their low costing good to go with a quick service so I think BNB Will go leading position very soon.
Right now it's hard for BNB to go leading position replacing ETH, currently ETH market have been having a good sentiment but the same thing happened to BNB market too. But maybe if ETH keep having expensive gas then it's possible for BNB to replace ETH in the future and becoming leader. But with many popular projects appearing in BSC it will also help it leading the position too. It maybe depend on how many good quality projects appearing in BSC in the future to make the market bigger.
749  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: August 13, 2021, 02:18:05 AM
Because BNB was also born from Ethereum smart contracts in the past so in terms of smart contracts, Ethereum still can't be matched by others, even though Ethereum can lose in terms of fees, because if Ethereum can be cheaper in terms of fees, then who will use BSC at this time ?
Main advantage of Binance Smart Chain is the fee and that's right, many people moving to Binance Smart Chain because they can't get the burden paying so much money just for the fee but after fee of ETH reduced sometimes ago, people still using BSC maybe a lot of people are now used to using BSC and consider ETH as alternative only.
If both ETH and BSC have good projects like NFT in it then there is no use thinking which is better, because both can also be good.
750  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: August 13, 2021, 01:57:16 AM
I will continue to use Bsc if my altcoins are stored in my bsc wallet and the bsc transaction fees are still low then I will continue to use them as a wallet to store my altcoins. so if ethereum transaction fees have recovered then i will use both.

I am also currently using BSC more, because low transaction fees are an advantage of BSC, this will be suitable for those who do a lot of transactions or routinely do daily transactions.
Binance Smart Chain more suitable for most of the newer projects than ethereum where it's all about game and speed.
Can't imagine how the newer games project will become slow if using eth but with bsc it can pressure the fee to be lower. but there are also other platforms offering better advantages for these kind of games that need speed and require almost zero fee, in the future maybe there will be more platform better than BSC or ETH.
751  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to invest in BNB now? on: August 12, 2021, 04:25:58 AM
Even without you telling everyone to have chosen Binance in the past, even though at that time the BSC network from Binance had not been released, especially for now it is clear that the BSC network from Binance is running very well and well through the use of new project developers, so BNB will always be the calculation of investors after Bitcoin and Ethereum.
BNB is already popular but BSC help it to become even more popular, its binance smart chain allow people to migrate from eth and designed to be better than eth so it's not unexpected if people will chose bnb after all bnb is being used in bsc too.
Bnb also has use for claiming airdrops from new project as well, that also reason why people choose to hold BNB too, but airdrops can be coming from anywhere not only limited in BSC.
752  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum or Binance Chain (BNB)? on: August 12, 2021, 01:28:28 AM
if you only give 2 options of ethereum and Binance BNB then I prefer to use the BNB platform and trade with the smart chain owned by the BNB network because the transaction fees are cheaper and the speed is very high so I think this is the reason that makes the BNB platform the best for now.
Yes the fee is too far, with ETH it require us to pay for huge fee for erc20 tokens and the cost difference between bsc and ETH is simply too far for us.
I think that is also why many new projects still prefer BSC because it's saving the cost required for both the project owner or the customers now even worse ETH price has increased and the fee also increased, really unlike BSC where even if the coin price increased the fee still cheap.
753  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Binance Smart Chain the "New Ethereum"? on: August 12, 2021, 01:18:28 AM
maybe yes and maybe no. I can't predict whether Binance Smart Chain is the new Ethereum, as Ethereum still holds its place in the coin market, but Binance Smart Chain will probably continue with transaction fees and other benefits. in real use cases ETH and BNB are both strong have platforms and large communities. but in terms of transactions, BNB has very low fees compared to ETH.

Now many new projects want to work on the bnb network, since the commissions and speed are really better in many aspects. The eth network will still be in demand since many tokens work on this network, time will tell who will be more popular, I think another year or two and it will be possible to draw final conclusions.


I think it doesn't need a year or two to draw conclusion, the condition will probably be the same like now, BNB isn't having intention to overtake eth in my opinion, while eth also fixing its problem slowly. people free to choose one of them but theyre not limited to only one of them. maybe in the future projects will be available in both eth and bnb too, everything is possible. but maybe nft will still mostly in bsc.
754  Alternate cryptocurrencies / Altcoin Discussion / Re: Why be allowed to create tokens with the same names? on: August 11, 2021, 04:23:45 PM
It will be better if etherscan or bscscan notify us that the name of a token is the same as the existed tokens then we can be more cautious.
most of people didn't try to recheck the contract and become careless but if the etherscan or bscscan can put some small red text or something like that, it can be very helpful, maybe in exchange sites too they should put that in their website too since there are many cases like this.
755  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain games on: August 11, 2021, 12:03:21 PM
Blockchain games keep evolving every year and made a quite big transaction pool this year. NFT is become so popular in blockchain game or game with in game cyptocurreny transaction as their micro payment. I think blockchain game still will be a good project in 5 years ahead because the fans and the users are keep increasing every year
Its maybe not only 5 years ahead but maybe will still be a good project for many year to the future.
we still seeing simple games, maybe in future will there be a more complex games or maybe some other games that are popular may be adopting NFT.
but NFT is promising and its popularity is not just hype. owning game inventory as NFT feels exclusive to me, maybe that's why NFT popular and favored by many people.
756  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba inu on: August 11, 2021, 11:48:13 AM
I think it’s a recognizable enough token that it will have another pump in the future, but your money could be doing better things in the mean time instead of just hodling.
I agree, there are better NFT projects out there, take a look at axie, it's a game, sometimes it could get too boring but how their project is developed, not pure on just hype, could build their project to be among the best project out there because their game is good in the eyes of many people. This project I predict could  be popular for a long time, SHIB i don't think can even compete with axie even though shib was more popular even before axie. see project based on what they offer first then hype.
757  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BounTy] Jax.Network Twitter/Facebook/Medium/Telegram/Signature|$30,000-8 Weeks! on: August 10, 2021, 11:01:22 PM
Forum Username: Psynthax
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758  Alternate cryptocurrencies / Altcoin Discussion / Re: in between the decision to hold or sell on: August 06, 2021, 10:14:35 AM
Yes, it is a law of economics when there are more and more goods and everyone can get them in a very easy way, then the price will certainly not stay at a good number and even tend to always experience a decline in prices.
but if the demand can keep up with the supply because of the project is good then its gonna be no problem like doge, it have really many total supply but can still keep the price high just because people think its deserve that value. the price always follow the hype i think.
759  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Predict $20,000 for dogecoin in 5years time on: August 03, 2021, 09:07:10 AM
never happened, I dare to believe it was just someone's imagination.  I think $20K is huge and that only seems to be achievable by the big coins in the top 10 CMC.  so I think it's hard for a dog to be at that price
yes it's just an imagination, doge could never hope to reach that price, just imagine how much market cap it has, and even coin with lesser market capitalization mostly can't even hope to reach that kind of ridiculous price, maybe it could happen if the total supply of doge coin was reduced to maybe 100,000 doge then maybe that could happen other wise it won't gonna happen or wont be happening.
760  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are the bulls back? on: August 03, 2021, 02:31:51 AM
No one can say for sure whether the bulls will return, but if we see the market move to recover, we will most likely feel another bull run, I think this is a good time to start investing in crypto.  because the opportunity to make a profit is very large.
Yes im feeling that the market is starting to recover back again too and if that happen maybe we gonna see another altcoins season.
currently eth is going up quite high although most of other coins are dumping because of it, it seems eth is stealing the fame of other coins and recently have become popular again after it was abandoned by people because of the unbearable gas price, now its getting popular again.
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