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861  Alternate cryptocurrencies / Altcoin Discussion / Re: What really makes a cryptocurrency successful on: May 05, 2021, 02:08:48 AM
its true that large portion of people who were supposed to be investor of the project don't really know the technicality of the project but atleast many of them know what the project's product and what makes it stand out than other.
Although some people probably just buy some coin without even know the project like what happened when a coin got listed in an exchange and some people just buy the coin out of the blue without even knowing the coin itself but that's like only small portion of people, the rest of them usually able to distinguish the project and find the quirk of the project. like for example, there's reason why swap tokens become very generic because most of people think they could repeat the pump that has happened to uniswap or such.
862  Alternate cryptocurrencies / Altcoin Discussion / Re: Towards a unified currency on: May 04, 2021, 05:15:34 AM
Most of government gonna oppose crypto if it's planned to be a currency that was meant to be the only one used worldwide. There's reason why today we have so many currencies either from cryptos or fiat released by countries, it's to give them control over their own economy and I honestly doubt we gonna have only one currency for all in the future.
But if it's an alternate currency for dealings like digitally I think it's certainly possible, we use crypto when buying things online and fiat when it's offline. though even crypto itself has so many currencies released each day.
863  Alternate cryptocurrencies / Altcoin Discussion / Re: Learn to appreciate the DIP. on: May 04, 2021, 03:20:47 AM
I think its just their emotions toying with them, noobs most especially they always think the market should keep pumping and most time they are the people who fomo and buy altcoins at their all time high then when a correction happens they become agree and start hating crypto, but the truth is that if they waited a little to buy, dips are the best time to buy good altcoins at a cheap price.
It's such a very well known thing that newbies who are too emotionally attached to their investment always make the most poor decision like ever, you see so many recent newcomers who got to know crypto from the recent hype usually buy it at high and when bearish market come they gonna sell it at low.
But, that's just a process of natural selection, they want quick profit but instead they lose their money. There's reason why not all people who invest could get rich it's because investing isn't just putting money and the market will magically double the amount of initial investment. However by that, if they truly has the will to keep up and making profit they certainly gonna learn from their past experience however if they are not really that persistent they gonna come to hate the market as you say.
864  Alternate cryptocurrencies / Altcoin Discussion / Re: is dogecoin suitable for kids? on: May 04, 2021, 02:27:48 AM
Not really, I mean if you intend to let your kid earn some peanut money off the airdrops from telegram bot or such maybe but crypto is a financial tool an I doubt any kid that age would be suitable for financial things.
If any just let your kid play those mobile games that rewards cryptocurrency for playing, that way your kid still have the time for playing while also earning money although the money earned not gonna be huge, just wait until she comes of age and know what finance really is.
865  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH high gas fee on: May 03, 2021, 11:50:28 PM
Hello guys,

can anyone explain in simple english how can we use alternative BSC to trade tokens. I am confused.
Lets say the model is as follows: You want to use Metamask and Trustwallet. You open BSC at MM and load some BNB coins. Then you chose exchange swap at TW, lets say pancake? And you trade. So, what token are you able to trade in such way as advantage of lower fees comparing top Uniswap? Are there any traps? Is such BSC way of trading only suitable for certain coins? I know some basics, but moving from Uniswap (because of high fees) is a bit stressfull and new for me. Thanks for your advice's. Regards.
you can only trade the tokens that have migrated over to bsc, can't do anything with tokens that still erc20 and refuse to migrate. pancakeswap itself is a whole different platform in a different blockchain compared to uniswap and it's totally different.
bsc is basically a different blockchain to ETH. consider it another smart contract platform that doesn't really intertwine to each other

when was the last time you made a transaction using ethereum ?? because until now the ethereum transaction fees are still very high, reaching $ 20 / transaction. Currently I often check transaction fees on ethereum because there are some altcoins that I have still in my ethereum wallet. So until now I haven't made a transaction because the ethereum transaction fees are very high.

It was actually decreasing a lot, I mean the ETH fee used to be around 200 gwei per gas now it's just around 50 gwei to 75 gwei after berlin hard fork takes effect but the price dollar wise still kinda high because ETH price keep going up and up it's ridiculous.
I think now we know that the increase of price actually cause the gas fee to be this high.
866  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum price will now go down again after reaching 3k? on: May 03, 2021, 07:51:37 AM
Bruh, even the london hardfork hasn't come yet and you're already talking as if after eth reaches 3k it's gonna go down which hopefully not gonna be the case, even at the time i'm writing this it's already making its way to 3,2K and once the london hard fork takes effect 4k just seems like a normal price for eth considering the influx of capital from BSC which if i'm being frank, filled with bunch of garbage coins and rug pulls people eventually gonna get tired and coming back to ETH and there's many projects as well that try to bridge their dapps to ETH making this coin even more prospective.
If any, it's definitely gonna go all the way up scoring new ATH.
867  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Warning! Error encountered during contract execution [Reverted] on: May 03, 2021, 05:46:23 AM
It seems the smart contract is kinda buggy or broken?
As from your analyzation it's not because of gas and maybe it's true since i personally don't see any problem regarding gas price required but you should try to increase the gas limit since you're gonna migrate ERC20 tokens i assume and if it's still not working i'm pretty sure the transaction is reverted because the code in smart contract throws an exception and it could be anything IMO.
The past transaction also showing the same error as well in that smart contract so maybe you should check it out.
868  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][$PYR] [ILO] VulcanForged 🚀 250k $PYR Tokens Allocated 🚀 on: May 01, 2021, 12:25:53 PM
Bitcointalk username:Psynthax
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=259083
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Current Post count: 1770
ETH address: 0x38F989532a03F5998B4633f786cBF8a29253AdF4
869  Economy / Speculation / Re: The total BTC balance on exchanges continuously decreasing since 2020 on: April 29, 2021, 08:48:25 AM
I keep seeing these things on Twitter which charts detailing the amount of coins on exchanges decreasing. Tye price isn’t going up now though is it, we are 10% down from the ATH. Why isn’t the price going up if available supply is less?
The availability of BTC in exchange decrease slowly so it won't as impactful as many people imagined. But it is definitely good for a long term, the thing regarding why the price is down 10% below ATH is because well as the name ATH itself implies, the market definitely can't sustain to keep btc on ATH price forever, there's always some people who want to dump their bitcoin and make some good profit. The effect of this BTC balance decrease will be starting to show for long term especially for btc long term holders. Hopefully I could still accumulate BTC as much as I can despite the decrease of its availability.
870  Other / Beginners & Help / Re: To keep coin long term on: April 29, 2021, 06:19:15 AM
Long term? bitcoin and any other major altcoins that are still top 5, they are really good for long term as long as when you buy it you're not buying it at too high of a price or maybe wait until there's some dump and buy at the dips. See these coins price chart from the day they was created until right now you'll know what I mean. Meanwhile other coins that are below top 5? there's some that actually are hidden gems but to find it you need to make thorough analyzation as well as making sure you know the risk involving holding these coins.
But tbh, with eth for example, you can stake it or become validator if you have the money, it could double the profit you may get in the future, then again it depends on your preferences. Just choose whatever fits you and your vision.
871  Economy / Economics / Re: Are some too blind to see? on: April 29, 2021, 03:34:59 AM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Eben though tesla bought a lot of Bitcoin's, it's just a small size compared to the overall market. We saw in the last few days that the bitcoin price dropped a lot,just to rebound again. Should we all be selling our coins just because Elon Musk is doing it? I don't think so. Let him take his profit and leave the market, we are here for the long haul.
True, people are making it a bigger deal than it actually is, see the market didn't even shake when they dumping hundred millions of dollar before they disclosing it to the public. Now that everyone knows, people becomes panicky afraid that tesla might have betrayed their expectation meanwhile taking profit is what exactly they gonna do  Grin
In crypto market, market activity such as making buy order or sell order are weaker than influence of external factors like these. People should learn to chill and not too influenced by big investors' decision.
872  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Dogecoin overpriced? on: April 29, 2021, 02:53:46 AM
I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong).

What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks. Smiley

i think the word overpriced is imprecise word for any cryptocurrency my friend
because sometimes when a lot of people think if the price already overpriced but the fact the price still growing
I mean if most of people think of a coin as overpriced doesn't the market simply reflect that by having some correction since the demand in the market coming from the people itself? In the case of doge, so many people are actually very bullish about it thinking that it could go well above $1 though there's no real reasoning behind it as people mostly are just following the hype blindly but it seems it's either BNB or doge that are being shilled the most IMO and I think whether the coin like doge could be judged to be overpriced or not entirely depends on how the price of such coins was build up until it could hits the current price which surpasses the ATH from the last year. Personally, I think it's overpriced.
873  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope others will learn from this on: April 28, 2021, 10:22:30 AM
You definitely aren't at wrong if you're an investor and the developer didn't send you a warning or notice before hand, even that they should allow anyone who holds their coin to swap it at anytime without setting the due time, if they don't it's the same as scam or thief then.
The developer themselves should know that their projects aren't really the center attention of their investors and each investor have their own life, as an investor we can't really always watching the news regarding the project 24/7 that's just ridiculous and really these kind of token swapping deadline is bullshit and should be considered as scam. I've experienced once and I'd easily consider it as the most excruciating experience ever in crypto.
874  Alternate cryptocurrencies / Altcoin Discussion / Re: How many scammers have you funded by putting your money in? on: April 28, 2021, 08:53:49 AM
Very few or next to none, I forgot the number but honestly I rarely fall into those scammers' trap just by knowing that if something is too good to be true then maybe that isn't real or just a scam. Most of the scams that I've observed also seem to offer some unrealistic reward like get return of 5% of total investment every day which by logic alone you couldn't obviously distinguish it that it's just to lure people into their scam. But I don't consider the investment that I've brought to some potential project which ended up failed as scam after all business isn't always smooth and anything could go wrong almost instantly.
Also, just don't investment if there's a doubt in your mind regarding the project that you're about to invest to.
875  Alternate cryptocurrencies / Altcoin Discussion / Re: Major Altcoins Turn Bullish as BTC Surges Again Over $50K on: April 28, 2021, 06:58:34 AM
People are really afraid of holding altcoins when bitcoin showing sign of dumping and as a result they immediately convert it to BTC so they can somewhat feel safe when holding it therefore I think why the altcoin price in general heavily affected by bitcoin's price movement.
Though normally that shouldn't be the case considering many alts also already paired with stablecoins such as USDT or BUSD, it's just people's sentiment could easily be affected by bitcoin as it's the most popular coin.
Just see if bitcoin could reach another ATH again, the other altcoins even the shitcoins gonna be bullish. But one thing for sure though, buy when other people massively selling and sell when other people massively buying.
876  Economy / Speculation / Re: i think we will see bitcoin 44k sooner on: April 27, 2021, 10:24:39 AM
after 2 days quite the opposite happening and it's instead recovering back to $54K, trust me many people are actually awaiting for the bearish and trying to buy back after panic selling but turns out it goes the opposite of their expectation and if you see the rumour that was recently proven wrong by elon regarding tesla dumping the coin this time around, it could instead make bitcoin go up to ATH again after most of people hears the news regarding the baseless fud that contribute to the dumping of bitcoin and if the tax that's gonna enforced to cryptocurrency investment being cancelled it's definitely gonna create bullrun again so don't be too pessimistic since bitcoin still has so many chances to pump again, let the people with weak hands cashing out while hodlers always win.
877  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you invest if it would also help those in need? on: April 27, 2021, 09:46:09 AM
10% fee is simply too high this thing alone already such a turn off for most of people but what I wonder is whether the 5% that goes to charity gonna adds to the dumping of this kind of coin or not since I assume once the coin received by the charity and when they need to convert it to cash they'd surely gonna dump it first whether to ETH or BTC since these two are mostly paired against altcoin and it could add the weight to this coin so the coin could hardly pump, after all an investor always seek profit so if there's any coin that are meant for charity to gain success it needs to take into account how to make the coin sustainable and attract demand while also able to contribute to the charity.
878  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sovryn - price prediction when public sale will be open on: April 27, 2021, 08:01:26 AM
If you just look at the supply and use case, it should reach ETH price  Grin
I think worst case scenario it's gonna have ten time the price of UNI considering the total supply and use case of it which is already good and need to remember that it's the first defi for bitcoin.  But it's right now hugely underrated because the coin only can be bought in their own platform and most of people prefer to buy using CEX as you know people really don't want to get too overcomplicated.
The current price dump though affected because of bitcoin, the price in USD remains the same but the rate in BTC's satoshi dumped a lot. Wonder how this project gonna be in 1 year.
879  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sovryn - price prediction when public sale will be open on: April 26, 2021, 10:17:58 AM
Sovryn is a good project, although at the first launch many doubted the project but we all did not expect the price to increase so quickly and all happened beyond our expectations, and I am sure it can all happen because there are large investors who hold a stake of almost 100% so that the price increases are quite high,Many investors and bounty hunters who benefit from the project sovryn.
No one definitely doubtful about this project, just imagine a project that was invested by the famous crypto investor called Pomp and various exchanges as well, its skyrocketing price when it was first goes to public itself because the coin was hyped up by the people and truthfully speaking it deserves the hype as it's the first defi platform that have to do with bitcoin finally and could be the next big thing like uniswap and the SOVs that are staked usually coming from the retailers or the ordinary investors and not the large investors as far as I know which is kinda great since that means lesser coins centralization.
I heard the large investors got their token locked for a period of time so yeah, it is a good project.
880  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero and its future. on: April 26, 2021, 09:27:33 AM
It depends, if Monero got really popular that it's used for various negative things in which opposes the government and the government itself feels like they got disturbed by this coin and could affect them somewhat they gonna pursue the local exchange to ban monero and that could trigger the chain reaction of many other governments aswell but I doubt anyone could somewhat solve monero's blockchain or crack it to cause the coin itself loses its anonimity. So far, even IRS offered bounty with hefty amount and none has ever published to have cracked the blockchain. In this case the most obvious way of govt dealing with it is ban as I said earlier and therefore already impactful enough make monero lose liquidity. The future isn't really bright for monero frankly speaking, just keep it under the radar and itll be fine.
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