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841  Economy / Trading Discussion / Re: Your Best trading platform is? on: August 04, 2021, 11:11:18 PM
Binance is top one for Asian users . its support almost all countries there specially India. Their charts system is great. Peer 2 peer is very secure.
For Europe user Coinbase and Kucoin is best choice. They support credit card buy sell.
While other i have not checked yet so cannot say anything.
it is not only Asian users , but almost traders around the world use this trading platfrom. Binance be most favourite exchanges now since  trading volume growth smoothly every day. Hype will occur when there are new coins listing here, price will soar extremely even dev team announced it. kucoin , coinbase and also FTX could be secondary choice if we looking another good exchanges.

No wonder a lot are really rooting for binance. They also gained a lot of patrons when they open their p2p services. It is quite secure for me as I have tried using their p2p service. And the rates are much better than your local crypto exchange. One of their selling features also is their Secure Asset Fund for Users (SAFU), in short, their protection for your funds. I've tried Kucoin, but I feel more secure with Binance.
842  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin worth so much? on: August 03, 2021, 11:28:01 PM
Bitcoin is worth so much and its price is so high because it solves many of the problems concerned to finances and trust. I believe that Satoshi Nakamoto designed Bitcoin as a reliable reserve currency and decentralized payment system. He invented blockchain technology and used the proper cryptographic algorithms from the very beginning.

Bitcoin also has an interesting history full of sensational events. We have all seen how it grows and strengthens. And now Bitcoin is more mature than it used to be. Bitcoin even has a significant impact on the global financial system. My guess is that since 2009, banks would have cheated their customers many times if Bitcoin and other cryptocurrencies did not exist.

Thru the years, the use cases of bitcoin evolve to many applications but more important on the payment system. And this is highlighted during this pandemic. People appreciate more about crypto payment as merchants are looking for alternatives for cash payment. This is why during this pandemic, crypto also becomes popular because people are searching for payment alternatives that will avoid them from using cash, which may be one source of virus transfer.
843  Economy / Trading Discussion / Re: Losing in trading needs questioning on: August 03, 2021, 10:44:29 PM
Market volatility is a normal occurrence in the market making it tradable, the market must move for trades to be executed. I don't think volatility could be the reason why traders lose more in trades making them forfiet all there profits just because of a bad trade.

Ultimately, lack of knowledge is the biggest reason why most traders fail when trading in any market. Whether it is stocks or cryptocurrencies. As I see it, it is not what you know, but what you do with what you know. The common question that emerges is: "What do I know about the market?", but this is the wrong question to ask. You must learn how to answer the most basic question, which is "What do I know about trading?"
Investing and trading is about risk management and learning how to trade is one of the best ways to take that risk on. Not knowing much about investing and trading is like driving in traffic with no clue of what to do on the road.


Just like when you have no full knowledge with the coin that you are trading. You need to enrich yourself with the updates of the coin. Because if you are just riding the fud or hype, losing is imminent. Because who knows, there are people who are just creating fud around the coin so they can sell it and dump? There are so many sad stories when it comes to pump and dump coins, because if you exit at the wrong time, you will end up holding useless coins.
844  Economy / Speculation / Re: It's not the end, $60k again on: August 02, 2021, 11:30:40 PM
After reaching ~$62000, BTC had a pullback and now again it got backed to $61k again. Many have shorted at this price, I had too (long ago). But it doesn’t seem stopping anytime soon. If I can remember, @100trillion twitter account posted few times that we are very early stage of the bullrun. We may see a huge bull of another few more months, very likely this whole year. If he is true (till now, he is very true), I think we will soon see the $100k mark.
What do you think? Is it still a good time to get in?
I wish people would start explaining why they think its going to be 60,000 or any other price because I think a lot of people are just throwing numbers out there acting like they know stuff but actually do not and they cause many people to invest and lose money.
It is not just a throw away of numbers, because everyone have certain thought about the price connected to the ongoing market changes. It can be the price movements, the level of adoption, etc. Myself have a thought the price will grow, but won't mark a new ATH this year. I make this prediction connecting to the growth that happened after the previous bull market.

But it is hard as well to compare it with previous bull run because of so many entities involved right now. The adoption is very different as compared couple of years ago. This is why speculating in this market is quite hard because there are so many variables in play. But one thing for sure, if countries keep on patronizing the usage of bitcoin aside from top companies continuing to buy their btc stash, btc market will grow and may achieve another ATH. Maybe not this year but in the years to come.
845  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] A better P2P crypto exchange 🔥 CoinChum will join the SPAC league 🧑‍🚀🚀 on: August 02, 2021, 10:34:35 PM
yes,i know Roysee for about 6 months,we talked very very much.i had good relationship with him.He also ever interviewed me about many tough questions ever.

About SCAM.I am a p2p trader too,i have so many opporunities to scam people becase we dealed over 50 BTC ,and traded over 6000 times.
BUT ,I never sccammed any one although many clients make payment upfront.


Care to explain why your site uses the same mumbo jumbo as hundreds of other scammy ICO websites, designed solely to make the creators richer before they move over to the next project?

Once ICO period is launched, You can purchased Token with Etherum, Bitcoin or Litecoin. You can also tempor incididunt ut labore et dolore magna aliqua sed do eiusmod eaque ipsa.
What makes you think this flashy website that looks exactly like this one should be worth $5,000,000.00 to investors?

Do you really think that this project can scam in the long / Short run ?  My concern is that a reputed manager Royse777 is running the project bounty CoinChum Article, Video & Signature [Bounty] 💰🕵🏻‍♂$32,000 CHUM 🥳 and he should be made aware of this, if there is anything fishy  Huh

Once your platform is operational, I am curious if you will have your own physical office for this project, and where? Are you going to register your company or just operate without any registration? It is hard to trust a p2p trading platform if they can't offer any tangible document showing they are operating legit.
846  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoin staking on: August 01, 2021, 11:45:47 PM
I'm not familiar of platforms that offers a single staking pool for a stable coin other than these custodial services but there are some Yield Farming that has stable coin pair LP. One of which is ApeSwap.
  • BUSD-USDC: 11.78% APR
  • BUSD-DAI: 13.64% APR
  • BUSD-USDT: 11.74% APR
ApeSwap is a new platform, right?
Wow, I should look for this T&C and also see some reviews whether this is indeed legit or not.
Maybe it is high enough because of still a new platform, we don't know whether it will decrease or not after several months later, earlier may be better 

I am quite new in staking, only stake TKO (not a stable coin) to get TKO also.
Thus, maybe it is good to check and try those on ApeSwap.

I think Apeswap is legit. They are one of the fastest growing DEX at the moment and they recently did a bounty of this forum managed by Hhampuz. Not sure how long these rates will last also, but take profit while you can.

The question is - how long can you trust them with your funds? It is legit but who knows, in this market, anyone can abandon their platform or disappear anytime. We have no full knowledge of their intentions here. Right now, they are good to invest with but you need to keep an eye open before something goes awry.
847  Alternate cryptocurrencies / Tokens (Altcoins) / Re: XPOOL - The next best defi on Binance Smart Chain on: August 01, 2021, 09:25:18 PM
-
🔥We are excited to announce that you can access any Dapps directly via Browser section on Defii from now on!
📲Check this new update on Appstore and Google Play
https://t.co/DwjVcNj3mq

Can this improve the trading volume of XPO in pancake? The tagline the next best defi on BSC seems far-fetched right now. What are the plans of the team to change their performance in the trading market? Are there major promotional activities coming up?
848  Economy / Speculation / Re: At last at last, bitcoin increase more than $41,000 on: July 31, 2021, 11:41:31 PM
I am hoping we will be able to breach the resistance this time after failing to do so for weeks. Right now the price is around $41,887.88 and not yet showing any weakness and showing signs we might cross the barrier, but you never know unless that happens as anything can happen. Grin


And yet another good news from Germany -

https://cointelegraph.com/news/german-law-allowing-institutional-funds-to-hold-crypto-comes-into-effect-aug-2

"As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect."

I hope this will drive more positive movement in the market. Maybe, we will be seeing 45k price level very soon. So for those who feel they are being left out, maybe, it is time again to buy before the market rise again. Don't regret when you see good numbers in the market.
849  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ETH Hit $6K this week? on: July 31, 2021, 11:22:33 PM
I know it's been over a week since this post was made, but I just wanted to say that the price of Ethereum has started to increase again (recovering), so I'm sure if the price of Ethereum can reach $6k (even though it's already past the week you expected), but I believe if the market continues to increase as it is today, then of course in August the price of Ethereum can definitely reach $6k and now is still the right time for us to invest in Ethereum, because in my opinion the price of Ethereum is still low, so if you take this opportunity to buy Ethereum at this time, then of course if the price of Ethereum can reach $6k in August, then you can already get profit more than 2x.

The likelihood to hit $6k this month is still far. But based on my observation only. It can easily go up because this month as there is upcoming berlin hard fork in few days. So there may be positive happenings under ETH network. The long wait about the significant reduction of gas fee may be here. So let's see. Hitting 3-4k would be very nice though.
850  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][BPCT] Backpocket Social/Dating/Tip ERC20 Token for Backpocket Dating app on: July 31, 2021, 10:54:38 PM
Correct, yes there will be other market places eventually as the token grows. I have to grind in the streets to get people on board give free tokens and cash so people can see I'm serious about this. I'm working on getting the messaging service on the app together but the dating works.

Now that btc price is going up, are you still going to buy copper membership here? Because you mentioned you are waiting for btc to drop and the opposite happens. What I am getting here is you have no big funds here and actually buying copper membership is not that big amount. So do you have financial backing here to push through your developments? Because if not, do you think you can make this app alive?
851  Economy / Speculation / Re: Is Bitcoin about to break out of the $30,000s market bottom? on: July 31, 2021, 10:07:57 PM
It seems like Bitcoin price has nothing to do with $30k now. But it could be early to say too of course. Now, we observe the price over $41k after a very long time. And if it continues to break resistance levels like this, we could even see it reaching $50k again in a short time.

As this market is very unpredictable, we just hope for positive things to happen here. Let's be grateful that it surpasses again the $40k level, wherein, a lot of spectators made the wrong prediction as some predicted that it will go down below $30k. It shows that in this market, it is hard to really give precise predictions as there are so many variables that are in play. Now, you will see again users that they will say, they should have bought at 30k and have gained their profits selling at this 41k+ level. Same old, same old.
852  Alternate cryptocurrencies / Tokens (Altcoins) / Re: NMX Nominex token on: July 31, 2021, 09:36:08 PM

I can certify that this is a good exchange, I participated in their bounty campaign, my token reward coming from bounty are locked in Nominex for a year and they release a small portion daily, I can recommend this exchange based on my experience, they have a goods support and withdrawal always comes to my wallet on time, I just notice just this last 6 days that the value is going down when Bitcoin was going down NMX token is one of the tokens that was pumping.

Nominex (NMX)
₱197.88 -20.5%
0.00009523 BTC -25.9%
0.01197811 BNB -25.7%

Quite alarming for token holders like me on the positive side liquidity is still high.

But I am seeing opposite here, NMX's price going down as BTC's price is going up. We are already in the $41k level, so supposedly NMX price is going up also. But the price of NMX keeps on going down instead. So curious what is happening to this token? Is there some bad news from their end? Maybe it will go back to $1, which was their target value before. That's not very good for those who are farming this token.
853  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Dope Doge | Hyper-Deflationary -Community-driven token for Weed &Doge on: July 31, 2021, 04:15:56 PM
What are the activities lined up to address the mission? By now, the team should have comprehensive plans on how to deliver their mission here. And where will they start? I hope this will not end up in trading only. How are you going to support the end of hemp/cannabis prohibition? Any small things that you can think of to fulfill this goal?
854  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB will remain valuable for a long time on: July 31, 2021, 02:59:46 PM
BNB will be as valuable as Binance maintains its ecosystem and spreads the influence of its network.

If suddenly transactions in the Ethereum network cost the same or cheaper than in the BSC network, then most likely the BSC will lose its relevance as such.

I think the existence of BSC is not only because of the low cost or the more expensive ethereum.
BSC project adoption is now so strong, it's hard to say that BNB gets full support in the market than ETH. but now we see BNB gaining momentum.
what I see BNB will last for a long time is due to the product development from binance. they are always trending for popular news in the crypto market.
Agreed, when when the BSC sets the date of operation and the role of this network, they have certainly run betas to calculate how much competition ethereum can create for them and with such an official launch, they clearly have confidence in their product and their network, it won't just be a cost advantage, the advantage of will lie in many different points for users to discover or it will actively publicize itself over time. Ethereum is already an old trail, Binance has analytics and won't step on the same old mistake

So long Binance will innovate their platform and continue their operations, BNB will stay strong in the market. They continuously offer various products and services to cater all kinds of crypto users. Definitely, their development team is busy researching what needs to be done to stay relevant in this market. And I don't think CZ will abandon his platform for nothing. Despite of some investigations that we are hearing, I think they are strong enough to combat such issues.
855  Alternate cryptocurrencies / Altcoin Discussion / Re: the pandemic is still going on.. on: July 31, 2021, 12:31:14 PM
Im always expecting nothing from the airdrop. there are lots of people are still joining in the various airdrops but hundreds time i have seen these airdrops turned into the scam airdrop.
I did nothing and im not even interested in the airdrop. So many projects that we're doing airdrop were useless. They have no vision to develop a product.
They are trying to get more attention from the users through use airdrop. This used by shitscam coin to promote its garbage coin.

Same here. Been long time that I participated in airdrop. Aside from various tasks that you need to fulfill, you have no assurance if the token or coin will ever hit in exchange and be valuable in the market. Only rare opportunity that you will encounter an airdrop that hit big time in the market just like UNI. And besides, even if you got the airdrop coins/tokens, sometimes it is not worth trading as it may incur higher fees than its actual value. So bottomline, the airdrop coins may end up worthless most of the time.
856  Bitcoin / Bitcoin Discussion / Re: What's holding back Amazon & eBay from adopting Bitcoin? on: July 30, 2021, 11:57:09 PM
Just recently Amazon denied the widespread assumption that they will accept Bitcoin as a payment method. However, it looks like they’re thinking of it as a possibility. I wouldn’t rely on anything Tesla has to say, because during the past half a year they’ve changed their mind too many times Cheesy

Amazon, on the other hand, may be taking their time to make a decision and evaluate all the risks. But once they do, I’m certain it will be final and we won’t see them running between sides, because they value their reputation.

I strongly believe that it is only matter of time before they announce about crypto acceptance in their payment system, Amazon in particular. Maybe even before the year ends there might be some kind of development here even if they denied it for the moment. If they see other merchants accepting crypto, they may consider it soon.
857  Economy / Economics / Re: Which area will develop after the epidemic? on: July 30, 2021, 11:47:21 PM
I think that the area of health, food, ecommerce, internet will have more development. Because the pandemic that is not over has allowed us to focus on the basics, virtual classes, conferences, work from home. We have not completely returned to normality. About weapons of war and that series of things I have no idea, my whole world changed to virtual space, I have noticed the shortage of many items in my favorite stores but it is understandable since the pandemic has prevented the transport of them.

Yes, health industry specifically. Up until now, they are the industry that is very much well-profited in this pandemic. Online shops like online food delivery services, e-commerce are big hit as people just want to stay at home as much as possible. Digital payment system has improved a lot during this time as most merchants want to have online payment as much as possible.
858  Economy / Exchanges / Re: Binance squeezes users on verification on: July 30, 2021, 11:29:44 PM
That’s still a huge limit compare to other site and beside Binance is the best exchange and you can do a lot of things if you submit your KYC so I think that’s worth the risk depends on how you see this one. If you think this new regulation is not worth it, try other top exchange that didn’t ask for any KYC. Binance will not lose a client because of this.

That's true. If you are not happy with their new regulation, you can still go to Kucoin or other exchanges. But if you value the security of your funds, you will stick with Binance because they have SAFU in place. So even with hacking incident, you know that your funds are safe and you can get it back. Binance is a trusted platform so a lot are relying on them. And just to comment about their KYC verification, they are fast in approval, unlike other platforms that it takes days.
859  Bitcoin / Bitcoin Discussion / Re: Sen. Elizabeth Warren wants more regulation, doesn't think bitcoin is a hedge on: July 30, 2021, 10:55:44 PM
This is what politicians do to make regulations that will harm many bitcoin investors by passing regulations that prohibit the circulation of crypto currency in various countries, especially so that investors can later be jailed according to what they want to plan, but this is not easy because investors do not violate the law so they are free to conduct their business according to their respective abilities, maybe we can say this is just a joke about it

But are they going to easily draft a regulation protocol? It is not easy especially if they are not fully knowledgeable about what they are saying. So it will take time before they can truly understand what they want to do here. Though they have their own researchers and all, still they need to understand it for themselves. So I believe, if a politician is calling for such regulation, the actual implementation may be too far as they have no solid knowledge about what they are saying.
860  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP is pumping now. on: July 30, 2021, 10:00:21 PM
28% increase in a week, not bad but I am not riding it yet as I believe there's a chance that the market will be dumping again, I'm just enjoying what I'm seeing now and I'll wait for another dip. I have a feeling that the current run is not a real bull run yet, it could be a bull trap, just saying.
Exactly all these makeups look like a bull trap or the fake breakout upwards, one single bad news can cause a huge sell pressure. Domini effect can cause a more dip in the prices and BTC can touch $25k while XRP will go below $0.3 easilyt.

Just be ready for whatever may come next. But right now, for those who are waiting to sell off and gain a lil bit. You can do it now while the market is really doing good. However, if it is still below your buying price, better hold off if you can still wait. At the end of the day, it depends on your priorities and needs. We can't blame if someone needs to sell because he needs to pay his bills. Just mind your own business because no one knows your financial situation and you need to act according to your needs.
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