Along memory lane...
Bethereum was the last ICO I joined, after this failed project I never trusted any ICO/IEO again. I was so invested to this project, not only as Bounty Hunter but also as investor. This project was so good. They have active and supportive community. They won many awards and they already have working app. Such a waste of time and money.
I am following the team member in LinkedIn and they are now active in Medical industry. I wonder how much money they are able to pocket...lol
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One of the most interesting and highly anticipated topics in the Ethereum community currently is the upcoming Ethereum 2.0 upgrade, also known as ETH2 or Serenity.
Obviously, I'm a fan of Ethereum and what it brings to blockchain ecosystem.
So what is ETH2 or Serenity?
Ethereum 2.0, also known as Serenity, is an upcoming upgrade to the Ethereum blockchain that will introduce several important changes to improve the network's functionality and sustainability.
- Energy-efficient: Currently, Ethereum uses a lot of energy to secure the network and process transactions. Ethereum 2.0 will use a new consensus mechanism called proof-of-stake, which is much more energy-efficient and will reduce the network's carbon footprint.
- Faster and cheaper: Ethereum 2.0 will introduce several improvements that will make transactions faster and cheaper. This means that you'll be able to send and receive cryptocurrency more quickly and without having to pay high fees.
- More secure: Ethereum 2.0 will introduce several new security features to protect the network from attacks and make it more resilient. This means that your cryptocurrency will be safer and less likely to be stolen or hacked.
- More scalable: Ethereum 2.0 will introduce shard chains, which will allow the network to process more transactions at once. This means that the network will be able to handle more users and more activity without slowing down or becoming congested.[/li] With all being said, I wonder what other people think of this upcoming upgrade? For those non-ETH believer, will this lead you to change your mind and start using ETH?
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Binance's success can be attributed to a combination of timing, user-friendly interface, security, innovation, and strategic partnerships, which have allowed the exchange to adapt and thrive in a rapidly changing industry.
But to be honest, I think it's the Strategic partnerships that led Binance to be this big and strong. Binance has formed partnerships with other companies and organizations in the cryptocurrency space, such as CoinMarketCap and Trust Wallet, which has helped to expand its reach and increase its user base.
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...can we considered the patience of the bounty hunter same as the investors patience?
Yes and No. Yes, because like investor, bounty hunters are willing to wait for the project to go live. They are also at risk of getting nothing from all the hard work they do. NO, because bounty hunters kill the projects. I have joined hundreds of ICO and IEO back in the days when it's still a BIG thing and I saw how a good project turned to dust because of "dumping" and "cashing out" of bounty hunters who were willing to sell their bag of tokens once the token were tradable even in the lowest possible amount just to get something from it. I have seen projects token value go down to the floor in a minute and get almost zero value because of bounty hunters.
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I think they will last for a long time as long as they evolve with time.
Ofcourse, I don't think any people will buy the same monkey artwork since many well known/legit artists now are interested in NFTs because they provide a new way to monetize and protect their digital artwork.
NFTs allow artists to prove ownership and authenticity of their work, and the unique nature of each NFT means that they can be sold as one-of-a-kind digital collectibles, which can potentially generate significant income for the artist. Also, NFTs give artists greater control over their work, allowing them to set the terms of the sale and retain ownership and control over their intellectual property. Overall, NFTs offer a new way for artists to earn revenue and gain recognition for their digital creations.
if we want blockchain technology to be accepted by people, then we should be happy with this. It's a win for all of us believer of blockchain.
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There are two categories of people when it comes to the choice of when to receive payment for work. There is the category that prefers it be paid weekly so they can off set bills as they come so they do not become a burden, while there is the category that prefers it monthly so they can plan well for the month.
If employers put out the option before you to either to be paid weekly or monthly for your job, which will you prefer? Please give reasons asides the ones I have stated to support your answer.
For the weekly vs monthly payment, I say bi-weekly. This will minimize the paper works (payroll work) but will also convenient for your employees. Works best for any business. Would you prefer to be a contract staff for a company that is being paid a certain percentage for every job delivered, or would you prefer a job with a fixed monthly or weekly income? (Give a reason for your answer aside the reason that will be stated)
With percentage earnings, you can earn more and you will be very motivated to work, but the disadvantage will be when there is no job. With Fixed earnings, you are sure of what to receive, but sometimes the workload you may encounter may be so much that the salary you are paid does not befit the work you put in.
Can I choose both? Base pay with commission! The base pay makes you keep your employee since they know that they have stable income while the commission/percentage earnings is for keeping them "highly" motivated. People I know from ecommerce and real estate business follow that salary package.
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I heard a rumor that Devs believe 80% of the ETH supply will eventually be staked. Does anyone know where this rumor came from?
I am not sure where you heard that but Ethereum Shanghai will "enable" Staked ETH withdrawal of all validator, stakes will be liquid. Once Shanghai update is complete, validator can move their fund anytime they want which can lead to more investor.
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Absolutely agree with this. The upcoming update will only increase the credibility of the ethereum network and this coin. If validators get the opportunity to manage their coins again, this does not mean that they will begin to sell them in bulk. Perhaps for some time we will get such a short-term effect, based on the fact that in some of them unforeseen expenses could arise during this time, but in general, such an update will only benefit the survivability of this network.
Good point. At first, as regular human being//noob me, I was like...there's gonna be a HUGE dump. I just got back from long hiatus in crypto after the 2020 5k dive and reading the news about this ETH Shanghai makes me really think what's the next move for me. Then when I read Fundamentals Of reply, I was like...yes, this makes sense. The news didn't give the good side of what will happen after the hardfork. The liquidity and the gaining of more trust from the supporter because they can easily withdraw and stakes and move their investment will create more robust ecosystem. With this kind of update, surely they will gonna be attracting investors and it's really recommended to hold your ETH because the price will rise, and no doubt about that.
I don't have much but I will surely just HOLD for now;D There are many changes in crypto world and I want to educate again myself before doing anything.
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- For ETH holders I just think, this is a good thing for them, in short, it can be a positive view as a holder. You are the one who said that ETH is always second to bitcoin, so those who believe in ETH also have nothing to worry about.
Also, every day of our lives the number of ETH holders is also increasing and increasing, don't you know that mate?
I am not really aware of ETH Holders and all I know is that ETH is always comes after Bitcoin and sit supreme in all altcoins. I am posting this because I am asking for thoughts of people more knowledgeable on this matter mate
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Regarding the withdrawal of the staked ETH, it is not a problem. The amount of ETH staked is consistently rising. And if it rose when the withdrawal feature wasn't there yet, it will rise more because the feature is already there. Stakers won't worry anymore as to when they could unstake their ETH. So this Shanghai upgrade will boost more confidence and attract even more stakers.
Good point on this one. I was looking for a more positive outcome of this upgrade in the net and most of the news I see pointed out how this hardfork can cause dump. Thanks for enlightening me
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Ethereum's upcoming upgrade, Shanghai, is said to happen on March 2023.
This hardfork will enable ETH staker and validator to withdraw from Beacon Chain which said to be approximately 16 million coins or over $25 billion.
I wonder how this will affect Ethereum ecosystem and the "universe" of cryptocurrency.
If those staker, who for many years waited to withdraw their rewards, will eventually decided to "dump" this will cause a huge effect to the market though we also know that they have many faithful and loyal supporter who thinks and believe the greatness and usefulness of this project.
Ethereum is still the 2nd most dominating cryptocurrency after bitcoin and I'm hoping Buterin have a great plan to convince those holder to keep their rewards and not to dump it.
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What will happen to the idea of bitcoin for animosity and decentralization. How can you maintain the animosity in insurance when you need to give all your personal information for verification and authentication. Also, this will be a huge risk and subject to scam. I prefer to just share my account to my partner than to any company or group that can bail out anytime and for me to lose everything in just a second
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This is possible with AWS partnership with Avalanche but I will not gonna believe this until it actually happens.
Amazon diving to web3 and NFT market is currently all speculation and cryptodom were good in making up and selling news like this, anything to make people make interested again in crypto.
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Suppose if I buy something from a user in this forum ? And after the transaction and trading am I supposed to ask him to give me a feedback in my profile ? And doing it, how do you see this ?
Nothing wrong with asking the seller with a rating but I don't think it's mandatory. Simply ask him that you will appreciate if seller can give you feedback and if the seller does give you feedback be nice enough to give feedback and rating too. In business, feedback and rating is important but it should be freely given
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Only young and naive guy believe in high risk high return
No way! There are more older people who believe in high-risk high-return investment. Most young people nowadays are more financial literate and more careful in their investment. With technology, young generations able to invest in calculated risk.
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What happened to this project? Tgram full of spam. Any updates?
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What would be the top things you would advise on or suggest to someone who’s thinking of buying BTC?
Mine would probably be;
1 Before investing, spend time learning about cryptocurrencies and blockchain in general
2 Don’t look at it as get rich quick scheme, but as a long investment
3 Learn ways to keep your bitcoin safe and secure.
From experience, I learned this 1. DYOR - do your own research 2. TAYOR - Trade at your own risk 3. invest what you can afford to risk This are 3 important things I learned from crypto world and a key step before I invest my money. I researched (DYOR) then when I log in to my exchange account I do my own trading based on my own analysis and I only invest what I can afford to lose. At the end of the day, it's all just on me.
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I wonder why you like to know? Where's the essence of anonymity which is one of core characteristic of bitcoin dude if you will know who's the owner of that wallet! It's like saying, you know who's Satoshi...lol but seriously, no one will admit they even have more than 10 bitcoin ...IRS/FED is the keyword
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If you'll do illegal mining, ofcourse yes it's gonna cost you less than bitcoin mining but if you'll do a legal gold mining and follow all the rules and regulation and apply to respective government agencies and follow safety hush hush then believe me you will absolutely know why gold is very expensive. I know coz I do researched on Gold mining here in the Philippines . As for Bitcoin mining, well I think it depend on what country you're in and cost of electricity on that country and ofcourse there's already solar energy so you have option.
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Yet we ask again: who is Satoshi Nakamoto? What do you think? Share your beliefs on who created Bitcoin! The thing is that, it's hard to prove who is real Satoshi Nakamoto. Why? When he appear, FEDS and IRS (all type from different country) waiting and hounding and it's gonna be ugly and damn bad. And I think this is the reason Satoshi Nakamoto, doesnt matter if real person or group, remain and forever will remain anonymous.
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