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921  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is the gas price so high on Ethereum? on: April 20, 2021, 05:48:28 AM
Just wait until EIP1559 fully launched which is around july 2021 and then the fee probably gonna be decreased significantly, the problem with ETH have to do with the blockchain itself isn't as scalable as other and the tps is only limited to 15 per second atleast for now.
For now if you intend to send ETH somewhere else you can just use the wrapped version of it in BSC chain since it's a lot cheaper there and the liquidity is suifficient enough. If you want to move ERC20 tokens then better to forget that idea if you don't want to pay for the high gas fee since ERC20 requires more gas than sending ETH meaning a lot more expensive than sending ETH.
922  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy Dogecoin run 100x in 2 years on: April 19, 2021, 10:26:58 AM
Thats happen because of fomo from elon musk i thing this is temporery . When evertyhing over it will go down again so better watch out
But what is unique is that at this time when the market began to experience a correction, Dogecoin did not even experience a sharp decline, even still holding high prices, is this also called Fomo?
Most of people are bullish and they value doge to be worth more than $1 and it's definitely not only fomo but people believing dogecoin just gonna go up again and again due to elon and they just need to stash their doge in their wallet tightly and just let it be
Even right now doge instead go up 20% within interval of 24 hour I don't believe it could get dumped so easily, if there's any dip people gonna buy it immediately and you know so many people out there waiting for their entry at the dips. But in my opinion, the price of $0.3 and above is kinda risky considering the characteristic of this coin. I mean, if what makes people buying it is elon's shill, what's stopping elon from dumping the market by also make a fud about doge.
923  Economy / Economics / Re: What is the purpose of (fiat pegged) Stablecoins? on: April 19, 2021, 09:28:29 AM
stablecoins are like save point in trading world, many people use it to keep the value of their asset or to avoid fluctuation and that's it there's nothing more than that, even you see if stabelcoins are used for making transactions why many crypto payment gateways still didn't implement it and instead still use the volatile ordinary cryptocurrency? it's because the people somewhat find it ineffective therefore lacking demand but that's only my assumption. However when it comes to exchange you don't have too much choice, it was USD representation made by the exchange itself back in the old days, now it's stablecoins that could be transacted anywhere and most of people don't care about the inflation rate since people rarely keep it in their wallet for too long.
924  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Binance Smart Chain the "New Ethereum"? on: April 19, 2021, 07:11:52 AM
Will BSC be able to compete with ETH on security?

It seems that many platforms are still not accepting BSC to transfer assets....
Nah it can't although PoS that ETH gonna be switching to is said to be not as secured as PoW which ETH currently has it's still far secure compared to a blockchain that has limited running node as validator and totally controlled by the company behind that chain.
I know many people gonna say that Binance is too big to exit scam but by having to control the set of validators it gives them power to manipulate the blockchain as well in my opinion and that doesn't seem to be good if any projects trying to create their token on top of that platform.
The centralization of validator could make transaction fast and cheap indeed but using BSC only as good as sending money or swap platforms.
925  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sovryn - price prediction when public sale will be open on: April 18, 2021, 10:38:46 AM
SOV trading on platform isn't so smooth right now, I used the swap and it worked but when trying to change rUSDT to USDT I have to wait 24hours to get my USDT and after 24hrs it never came, when I checked my metamask wallet the rUSDT still exists
It's still alpha though as mentioned right beside their sovryn logo but it's definitely gonna improve in the future since i've rarely seen defi that runs on RSK sidechain like this but this swap really has huge potential since so many major coins are wrapped within RSK blockchain it could become a one swap for all kind of coins if sovryn could develop that far but it seems a bit unrealistic indeed and I think many people also encountered the same problem as you that holds sovryn back from pump because the swap platform isn't perfect yet.
Hopefully they could eventually fix the bug but as I've seen their platform has been developed rapidly so maybe it's gonna be solved within next updates.
926  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: April 18, 2021, 07:25:24 AM
no the bsc blockchain will not remain the best option is only a temporary solution until the eth fees return to be reasonable then all the projects and users will return to the eth blockchain
I don't think so, because BSC developers have never played around in developing their network systems so it would not be feasible if this BSC was considered a temporary solution, because BSC is a mainnet that will clearly compete with Ethereum even though at this time it cannot beat Ethereum.

If BSC wants to beat Ethereum, they need to be more de-centralized. As long as BSC is centralized network, it is of no threat to the ethereum. People prefer decentralized network over the centralized ones and that's the major reason both bitcoin and ethereum consists of 70% of the total market-cap.
I don't think most of people who just using crypto as a way to make profit care that much regarding decentralization, the proof is exactly why BSC could become popular despite many other smart contracts blockchain already exist though I know BSC offering the simplicity to migrate from ETH blockchain to BSC's but doesn't justify why people choose a newly created blockchain that's centralized over the decentralized ones but it's different with developer that truly offers something and not just copying other swap platform like todays trend. they usually care a lot about whether the blockchain is decentralized or not since they are thinking long term and not just trying to grab the free money and hopefuly such projects are the one that could increase the overall market capitalization of ETH.
927  Alternate cryptocurrencies / Altcoin Discussion / Re: Give reasons why ETH is better than BSC on: April 17, 2021, 10:43:46 AM
truly decentralized the validator is not controlled by only very few people, anyone could run their own nodes and bsc is basically extended from ethereum's blockchain so why not choose the real thing?
Most of people also prefer BSC because they are trying to find alternative that enables them to send money and because it's created by binance but once ethereum problems has all been sorted out in the upcoming months i'm pretty sure it will get people back and
if you think that Ethereum is dying you're gravely mistaken, most of new projects still prefer ethereum blockchain, if not for the gas problems and miners opposing against EIP1559, ethereum would've reached another height of ATH or even bigger market capitalization.
928  Alternate cryptocurrencies / Altcoin Discussion / Re: How do we create our own Alt coin and what's stopping others from creating it? on: April 17, 2021, 09:51:52 AM
You can create this kind of coin out of thin air just following instructions in the internet which due to crypto hype has grown plenty and actually every day people are releasing their own version of cryptocurrency it probably amounts to hundred new crypto each day but the question is, could they make it famous enough? could they get it listed in some popular exchange coin and not shady ones? if not then it'll become another coin that's forgotten almost immediately and if they could, good for them.
But honestly, most of people who created coin with no quirk or any unique technology at all just trying grab money or make some easy money  Roll Eyes
929  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which exchange allows the investor to own the private keys? on: April 17, 2021, 04:25:20 AM
If what you mean by "exchange" in this case is centralized exchange then as far as I know there is none. The address that's provided by the exchange usually already integrated into their system that runs automatically therefore an user owning private key could disrupt the system and make chaos, that's why in the case of retrieving cryptos that was sent wrongly to the address that's owned by the exchange usually takes a long time. but if the centralized exchange also offers wallet services or owning some wallet services they could provide the private key (the wallet service separated from their exchange service). My recommendation is just use your paper wallet and send the coin when you want to make trade or just use DEXes
930  Economy / Economics / Re: More bullish news: Paypal will alllow crypto checkout on: April 05, 2021, 07:05:29 AM
This one is another good news and these good fundamental news can have some effect on price. However, I'm not surprising to see them doing this. But, I'll not use bitcoin on paypal or any other centralized unit. Because they will usually ask for kyc and this can be against protecting our privacy and put my identify in danger. The whole point of bitcoin is to be border-less and no kyc otherwise we could use other payment system such paypal in the first place.
paypal usually demands some kind of identification to verify because allowing people freely using that platform and that's true, centralized company like this usually demands KYC but most of crypto payment gateway don't even ask for one, they just converting the crypto you paid to the address into fiat, maybe you can stick with those instead of paypal that's usually kinda complicated, but this news regarding paypal acceptance of crypto could somehow boost crypto popularity.
931  Bitcoin / Bitcoin Discussion / Re: A fake app in apple app store stole his life savings in bitcoin on: April 04, 2021, 10:03:03 AM
and its actually takes shit ton of effort to get normal app that's not phishing or scam into the app store, apple must be joking. if any, he deserves to sue apple because if not for their app filtering method that's kinda broken he won't lose all the money.

People still believe in fishing apps and sites. Some things never changes after all this time...
differentiating nowadays' phishing apps isn't as easy as comparing an apple to orange, sometimes the phising app is very identical to the real app, and in this case the app coming from the app store where it's said to be filtered strictly by apple.
932  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth gas fees and investing on: March 30, 2021, 03:03:01 AM
Gas fee is the reason why people migrating over to BSC but definitely not the only factors that determine which price point ETH should be in, the ETH value right now is highly influenced by the institutional investors that baghold and the gas fee has little to do with it, and those whales that holds eth rarely execute any transactions and if they do the current gas is some measly amount for them. not to mention that in july the team says it's gonna resolve current ETH problems regarding gas and many more.
933  Bitcoin / Hardware wallets / Re: Best Hardware Wallet on: March 24, 2021, 08:58:51 AM
Just use trezor, they have existed since the old days and I personally use it and have no problem with it though the software sometimes kinda glitchy (rarely though) if you try to login from different computer that has different "environment" but it's overall never disappoint me and until now I've never lose any crypto by using this hardware wallet, the newer hardware wallet might looks catchy and all but I prefer reliability  Grin Grin.
934  Alternate cryptocurrencies / Altcoin Discussion / Re: Too many coin in circulation on: March 24, 2021, 07:02:45 AM
Well too many circulating coin in the crypro market is somehow good news for us because it means there are a lot of options to choose to invest. Having a lot of options is a big advantage especially if we will study the potential coins.
That's true and it could also increase the flow of money to the market than just having too few coins.
But, we also can't ignore that there's many coins out there that also ended up failed because their quality can't really keep up with the market, so if the market gets overflowed with low quality project or coins it kinda seems useless and bother the market stability. Not to mention that the capital that should go into quality project got spread out to some low quality projects hindering the development of many projects that have potential to change the world.
935  Economy / Speculation / Re: Bitcoin is now "too important to ignore", says Deutsche Bank [Today!] on: March 23, 2021, 06:40:38 AM
This probably gonna trigger those who creates regulation to put more attention into bitcoin therefore creating some kind of limitation or restriction in the use of bitcoin, that's the side effect of things like bitcoin becoming too much popular.

These bank could say that bitcoin is too important to ignore however I think they gonna just join with the crypto or trying to implement it within their system. To be frank, that's what they should do as to keep up with the advancement of technology and not being too tied with their old ways of managing money or the broken traditional monetary system.
936  Economy / Speculation / Re: Bitcoin is now a TRILLION dollar asset! on: March 08, 2021, 11:03:27 AM
High $53k's right now and its right at $1 trillion market cap!

When i first bought Bitcoin in Nov 2013 it was about $10 billion. now a trillion!

You are right. When the price of bitcoin at a billion, no one cares about the investment. When the price reached of trillion. Many new comers of the trade came to exist.But the thing is the long term holders since 2013 was a real king now.When they brought with maximum price at billion is doesn't matter.But now it's at a trillion dollar, surely he get a good amount profit.
Isn't it always like that, when Apple stocks and the like were still in low market cap no one bats an eye but once they become among the top corporations people start latching onto it. It's just how people's mind works always underestimate something at the beginning and regrets when things already happened beyond their expectation.
Same thing with crypto, crypto always being accused of being a tool for scamming in the past by the people who lack knowledge but turns out it becomes such a huge thing a decade later.
937  Alternate cryptocurrencies / Altcoin Discussion / Re: Which One of This Features of a Coin Would Make You Invest Your Time and Money? on: March 07, 2021, 02:11:22 PM
It's not about how much features that available on such a coin. Even if the coin has all of those features and it doesn't mean that will be a perfect coin. The main consideration should be on the execution of the feature that already becomes the main focus for the token or coin.
Store of value can be owned only by bitcoin and I don't think another coin can be used as a store of value too.
I will prefer to invest in a coin that will have a good implementation of the feature and it's not only selling so many gimmicks.
938  Alternate cryptocurrencies / Altcoin Discussion / Re: Who Benefited from AME Token? on: March 06, 2021, 11:35:57 AM
of course it will continue to grow, especially as they plan to create their own blockchain which will be launched in a few months. besides that I see a lot of good news in March
As far as I know that any project that planned to launch its own blockchain has a very big chance to go to the moon. We have seen that plenty of platforms were launching their blockchain already worth more than $1 for a single token or coin.
I think that ame can do that too. There will be some products will be launched very soon.That will create a very big FOMO for ame token. I do believe if this token has a lot of potential.
AME chain should be the key to attract more and more investors to come in.
939  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🕵🏻‍♂️[BOUNTY DETECTIVE] 🎓STUDENT COIN DeFi/NFT Platform 1 Million USD Pool🎓 on: March 06, 2021, 07:53:57 AM
#PROOF OF REGISTRATION
Forum Username: Psynthax
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=259083
Telegram Username: @Rsush
Participated Campaigns: Signature
ERC20 Wallet Address: 0x72E3729f06c74B85d68a000A0C24D43166eEAbC4
940  Bitcoin / Bitcoin Discussion / Re: If BTC were to permanently freeze at one price , would you buy ? on: February 13, 2021, 10:14:06 AM
The main point of btc purchase is to earn more fiat in the future. Thats how and why the majority of people invest in crypto
Yeah that's like the biggest reason why people willing to use or invest to cryptocurency but that's just speculators. There are some people who uses bitcoin for various things like charity, purchasing digital goods and to avoid centralized money transfer services.

Although I could understand that most of the people here also aims to make profit aswell, I guess if btc were to get frozen its price most of traders will move over to stocks and therefore decreasing in bitcoin price since the demand will also significantly decrease aswell.
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