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941  Alternate cryptocurrencies / Altcoin Discussion / Re: How fast can one achieve Crypto millionaire status with meme coin? on: January 24, 2024, 08:17:08 PM
They are like the lottery and that story isn't new and that's why many people are now investing heavily in meme coins thinking that it's going to be their ticket to riches. It's actually requires you luck and let it be if the meme coin you've chosen becomes popular and had a huge volume immediately. With all of the known meme coins that had made a lot of people wealthy or just actually few of them but didn't published most of them, it's very risky if that's your thinking about them.
942  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chances for approving a spot Ethereum ETF? on: January 24, 2024, 07:27:23 PM
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not.
40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.

SEC chairman Gary Gensler used to call Ethereum a "security". I wonder if that will change now that Bitcoin spot ETFs were approved last week? Everything will depend on how the ETH network is structured. If it stays centralized, it'll be classified as a "security". Otherwise, it would be classified as a "commodity".

I doubt Gary's stance towards ETH will change  especially when the cryptocurrency has a PoS mechanism. It's largely controlled by whales and big exchanges like Binance and Coinbase. We'll see what happens in the long run. Rest assured that if ETH spot ETFs are approved, market prices will rise like crazy. At least, in the long term.
That is for sure when ETH spot ETF gets an approval from the SEC, we'd definitely see the market price of it getting wild.

Short-term speaking, prices will continue to decline at a fast pace (like what's happening now). No one can predict the future, so lets hope for the best. Wink
We've seen how it started with Bitcoin and that's likely what will happen to as those that holds a lot especially if there are institutions have it will have to unload all of their ETHs and we'd see the impact of it. But yes, typically we don't know what the future holds on this one and we'll just react when we reach there.
943  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to promote information about projects? on: January 24, 2024, 06:57:20 PM
Most legitimate projects won't have any problem with the dissemination of their information to many crypto communities. And that is because they're putting budget on it and letting it work for them. They just hire people that are experts on this and if so, a new project is struggling about getting engagement from the community then you know the answer, you have to go through each of the many communities but I am sure that no one-man team can do that.
It's not a one-man job, it's a collective partner that doesn't whatever he or she thinks is right. Forming a community is challenging at first but with time, everything plays our smooth because working with the right team will definitely gives birth to development. Most of these people need ginger to fuel up their ambition and become acquainted with the system whenever they're into the system and not frustrated like some random newbies. There are quite important platforms that do accept the promotion of crypto related sites. To be on a safer side, we should try our best to enable ourselves with the trends of crypto.
You don't get what I am saying mate, no man can do all of these jobs and that's what I am saying.

They just hire people that are experts on this and if so, a new project is struggling about getting engagement from the community then you know the answer, you have to go through each of the many communities but I am sure that no one-man team can do that.
Totally  supporting this , Hiring people that experienced and will dedicate time to promote the project will be a great help but must have budget of course.
Yes, there's a need to allocate budget for it because no one will move and do their tasks if there's no budget allotted to these things. That's why many projects have a lot of budgets when it's with their marketing because they know the essential of it. And even if there's not that much feature of a project as long as they know how to market, many have won that way.
944  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Kaspa actually Bitcoin 2.0? on: January 24, 2024, 06:27:49 PM
Kaspa is not really a BITCOIN 2.0 but a unique altcoin with a HUGE HUGE potential Wink
That's why they say that it has a huge potential and from the time that it was started, a lot of increase has been made already for it.

I have been hearing about Kaspa a lot these days and some are saying it is a better version of Bitcoin so is Litecoin.
I don't hear that people say that it's better than Bitcoin. But because of the ETH transitioned to PoW from PoS, this is why people have looked for another PoW project and this is many of them have ended up mining the coin.
945  Alternate cryptocurrencies / Altcoin Discussion / Re: cryptocurrency on: January 24, 2024, 05:55:39 PM
In less than 1 year, the Ice project has achieved unprecedented growth, with more than 3.5 million users actively using the network.
It seems that you are too fanatic of Ice. This project don't even get to have a span of 1 month after their launching this month, don't be too excited about it.

Looking for the best crypto tokens to invest in the year 2024?

Bitcoin
So, I've made it easy for most of the people here. You have to reread this so that you'll have the idea on what is the best crypto invest for this year. There's no need to do a lot of effort when you're researching what you want to invest and that's it, I've already included the answer on this quote about.
946  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: BitxOnex Exchange - Scam Warning on: January 23, 2024, 11:55:56 PM
If this is a legitimate scam and you're accusing them, you can post this or move this topic to Scam Accusations. And don't forget to follow the format of the post that you're going to do with the quoted form below:

Scam Report Format

Code:
[b][color=black]What happened:: [/color][/b]

[b][color=black]Scammers Profile Link: [/color][/b]

[b][color=black]Reference Link: [/color][/b]
[b][color=black]Amount Scammed: [/color][/b]
[b][color=black]Payment Method: [/color][/b]
[b][color=black]Proof of Payment: [/color][/b]
[b][color=black]PM/Chat Logs: [/color][/b]
[b][color=black]Additional Notes: [/color][/b]
947  Alternate cryptocurrencies / Altcoin Discussion / Re: What Do You Look Out For When Picking Your Favourite Coin? on: January 23, 2024, 11:21:01 PM
The governance aspect also aligns with the AVA Foundation's primary goal of simplifying and making partner projects' experiences affordable. I discovered the token as it prepares to get listed on the Bitget platform
IMO, this is a good factor that you've mentioned for AVA and if you're wanting to invest on it, that's nice. What I think is that you're not for AVA but you are for Bitget. If someone's gonna take a look at what you've been telling in discussions, you probably work for bitget.
Well, for me, it doesn't matter because we all have a choice and if it ever gets listed there, will it have more impact to its own economy? I don't know because it's already quite big and will it need the help of that exchange for it to have more volume, maybe.
948  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to promote information about projects? on: January 23, 2024, 06:32:37 PM
Most legitimate projects won't have any problem with the dissemination of their information to many crypto communities. And that is because they're putting budget on it and letting it work for them. They just hire people that are experts on this and if so, a new project is struggling about getting engagement from the community then you know the answer, you have to go through each of the many communities but I am sure that no one-man team can do that.
949  Economy / Trading Discussion / Re: Should trading be for the rich? on: January 23, 2024, 05:36:10 PM
If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.
It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.
A poor trader will not get the benefits that the rich get. It takes time for the poor to build up their capital whereas a rich trader loses his money and can manage his trading quickly by managing that money. There is some difference between these two categories some will benefit more some less but this does not mean that the poor cannot do trading. There are many traders who initially started with a small capital but later increased their capital to a huge amount. Even after starting with big capital they lost their wealth. Those who can proceed with proper planning may be suitable for trading.
The rich trader is already set, regardless of how much he will lose with his trades, he can always come back. While the poor trader, we don't know if that's his last money to trade and thats' why he's grinding to grow that capital that he's got. Because we don't everyone's situation and what they're dealing with but we're aware of how someone does it based on the situation that he's dealing with, so with this, the advantage is on the rich traders and it's still applicable that the rich becomes richer.
950  Alternate cryptocurrencies / Altcoin Discussion / Re: In Search of Financial Freedom: The Answer Lies With Bitcoin, Not Stablecoins on: January 23, 2024, 04:56:06 PM
This is for the people who see CBDC as an alternative to the traditional monetary system and it explains why decentralization matters when we talk about financial freedom and staking money with centralized token called CBDC is never really intended for that use.

Use stable coins for trading purposes and never trust them for storing your money, it can vanish overnight if the issuer decides to run away.
In countries that has high to hyper inflation, stable coins can be their savior because of how useless their currency and this means about their daily usage and not for investing purposes. As for investment, we all agree that it's about Bitcoin and that's the best asset that someone can have. While many are experiencing some problems regarding on which crypto they should choose. There's no need to look around and be problematic about it because having Bitcoin can be their greatest asset without having to worry about anything.

Stablecoins and Bitcoin serves different purposes, and they're both important in the different ways that they're applied in financial matters. As you noted stablecoins like usdt is best for currencies that are facing high inflations, they can convert to usdt, but when we talk about the best option to secure your money into an asset so that it can increase in value, it'll be none other than Bitcoin. Bitcoin is decentralized and it is not controlled by any central authority, which makes it a very safe place to invest your money.
Not everyone are going to agree with Bitcoin especially those that don't like to get into volatility. Those people that are living in hyperinflation wants more of the dollar value because they can use it with their day to day living. I am not saying that Bitcoin can't but it's too volatile for them but regardless of the other and minimal voice of those people, we're still seeing more of those folks that are liking bitcoin and sees it as their ticket of getting out of that situation.
951  Alternate cryptocurrencies / Altcoin Discussion / Re: Trias - does it have potential this bull run? on: January 23, 2024, 04:25:09 PM
Every coin has their equal opportunity during the bull run and just like what you see right now, we're on a bloodbath. But using YouTube as a source for the news of projects like this, I don't think that's a good idea because it won't be that much info you'll be getting there.
And with the lesser supply that you've mentioned, it's not going to mean that there's already the potential of it. Not all that have less or not that much supply are going to thrive.

I disagree , I watched a YouTube video on Myria a few months ago which lead to me investing and I saw a 10x return in just a few months. I would not have had that return had I not been on Youtube to discover it in the first place.

Youtube is not the best , but it is a good source at times.
Well, it's different on my experience so I guess it varies from our experiences and the videos we've watched and the content creators that we followed. On my end, it didn't do well and that's why I don't think it's a great source. But as you've said it, that's better if you've worked well with your investing through the video that you've watched on myria. Because not all the time that they're getting that gain and most of the times, they're all pure speculations.
952  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chances for approving a spot Ethereum ETF? on: January 23, 2024, 03:35:20 PM
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not.
40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
honestly i think recent approval of ETF Bitcoin will have massive effect, its not like before where many higher ups are hesitating maybe because its a new thing but right now i think thing might be getting a lot easier for ETF of other coin as long as it got meaningful investment from big company that try to fill in the ETF to the authority.
We will see about that. Not just because there was an example of Bitcoin etf have been approved, it's going to be the same for the other cryptocurrencies spot etf. SEC has basis on it and I don't know what are those but we'll get to see about if they're going to be lite with that and will give a go signal and approval for it. If that happens to be approved, well all the ETH holders are going to celebrate by that time because it doesn't have usually at most times.
953  Alternate cryptocurrencies / Altcoin Discussion / Re: Trias - does it have potential this bull run? on: January 23, 2024, 02:33:33 PM
Every coin has their equal opportunity during the bull run and just like what you see right now, we're on a bloodbath. But using YouTube as a source for the news of projects like this, I don't think that's a good idea because it won't be that much info you'll be getting there.
And with the lesser supply that you've mentioned, it's not going to mean that there's already the potential of it. Not all that have less or not that much supply are going to thrive.
954  Economy / Economics / Re: Reasons for personal financial accountability? on: January 22, 2024, 09:19:34 PM
I agree with you,Just as you ritely said, accountability is a good source to checkmate oneself to know if you are spending wisely and also enable you to manage your resources efficiently, it is not easy to account for everything but it pays if one can practice accountability in all his doing,it will make you  know what goes out from your pocket and what come in to your pocket.In term of
project it enables you to be accurate of whatever thing you are doing,so accountability is good for every home, businesses and in every organisation to practice.
It is one of the challenges that most people are meeting everyday. When you lack of finance and source of income then you lack financial accountability. And as we grow older, we just want to see ourselves be in a better situation and that's why there's a need to change that way of handling finances. That's why when we earn, get the salary from our jobs or businesses and profits from it, we need to be accountable and spend and use them wisely.
955  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chances for approving a spot Ethereum ETF? on: January 22, 2024, 08:28:55 PM
Bitcoin went with tons of ETF applications years ago and the successful approval of it that happened recently has a backbone. If it is with the ETH ETF, IMO the chance is like 40/60. 40% chance of getting approved and 60% chance of being not.
40% in a sense that Bitcoin has been approved and that can influence the decision, 60% of being declined due to probably many setbacks and factors that will be figured out by SEC if these are like the first few applications.
956  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to buy TON coins? on: January 22, 2024, 07:56:12 PM
Using credit card usually gets you to pay more commissions and that's why if you want to save for the fees or commissions then you may just ask someone to pay that through a P2P transaction near your area. Try to find someone that has this coin or can do the purchase for you through cash or fiat and deposit it to that exchange where it is listed. Because typically the fees from exchange to another doesn't have that much difference, if there is, that's just slight.
957  Economy / Trading Discussion / Re: Should trading be for the rich? on: January 22, 2024, 07:27:41 PM
If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.
It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.
958  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it even possible to offer 10% daily reward? on: January 22, 2024, 06:57:54 PM
10% annually is possible but if it's a daily reward, I don't think that's something legit. Those projects that have high APR/APY are likely going to lower that as soon as investors start to flock on them and stake their tokens.

I don't know how people staked over 40 Million PIE tokens on this very new platform.
You sure that you don't know? Or you are aware and you do know it because you're part of the marketing of that platform and you do the exposure of it in every other platform?
959  Bitcoin / Bitcoin Discussion / Re: Silly and scary questions, and what would you do if that were you. on: January 22, 2024, 06:18:07 PM
There are ways that these people will know that you are a bitcoin holder. If you're someone that keeps on posting some charts or anything related to cryptocurrencies on your social media, then that's the best way that they'll know if someone is into this market and are an investor.
That's the reason if you're posting related to crypto on your social media accounts, it's best to just remain lowkey and keep them private because it's a financial matter that you should keep private.
Of course the investments should be kept hidden.  Because if you are an investor who knows it, then you can be attacked in different ways.  Can be logically or logically attacked.  Only people close to you can harm you at times. If you have a large amount of bitcoin holdings.  Then you can be kidnapped.  And your wallet can get hacked.
Not only people that are close to you but also random people that can be friends of your friends or just whole random strangers. That's why with every move you do, you have to be careful with everything that you do especially when you're feeling like bragging about your investments on the web, you shouldn't really. It's going to be scary when you do that and don't think about the consequences that might happen.
960  Bitcoin / Bitcoin Discussion / Re: Silly and scary questions, and what would you do if that were you. on: January 22, 2024, 11:41:43 AM
on that scenario because we didn't experienced it and we don't want to get into that situation. But maybe try to lie or what not just to get some opportunity to escape making them believe that you're going to give it to them but you've forgotten it somewhere you've put the keys or wallets or try to assess them if they are informed and knows something about wallets and recoveries.
OP telling you the truth there is no way those kidnappers are going to let live without telling them were you hide your bitcoins.
But OP firstly how did they no you are a bitcoin holder cause it will be to hard for people to find what you are into bitcoin or maybe you did tell a close friend about it and fame you all cause no body is to be trusted you never can tell who the person will be..
So back to your story if I was in shoes I will just give them what they want cause if there is life there is still hope as for me maybe that what I will do in that situation.
There are ways that these people will know that you are a bitcoin holder. If you're someone that keeps on posting some charts or anything related to cryptocurrencies on your social media, then that's the best way that they'll know if someone is into this market and are an investor.
That's the reason if you're posting related to crypto on your social media accounts, it's best to just remain lowkey and keep them private because it's a financial matter that you should keep private.
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