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1  Economy / Trading Discussion / Re: Trading's best coin on: March 14, 2022, 12:06:16 PM
No wonder Kucoin is good platform for crypto but there are other exchanges as well which are good such as coinbase, eToro, Binance, Coinmama etc which also have list of all best altcoins for trading. Currently there is downfall in crypto world but yes these things will get better one day.
2  Bitcoin / Bitcoin Discussion / Re: Understanding the Ponzi Narrative on: February 03, 2022, 01:00:47 PM
Ponzi scheme is clearly a fraud intentions to dupe investors. Ponzi schemes are now becoming famous via cryptocurrencies. Many crypto miners are duping investors money. Recent was safemoon.Critics of the SafeMoon project seem to be wary of it as it is believed that this cryptocurrency was started to generate hype. The SafeMoon crypto reportedly does not have any real-use case and it is criticized for rewarding hodlers and punishing sellers. It is alleged that SafeMoon's policy of punishing sellers discourages people from selling and that is a way to avoid day-trading and fix price volatility. SafeMoon charges a 10 per cent fee on each sale and says that it will reward long-term hodlers by distributing half of the fees charged from sellers among existing coin holders.
In addition, SafeMoon has a very high token supply of 1,000,000,000,000 tokens. Before the launch, the developers had reportedly burnt 223 trillion tokens and they can indulge in manual burns. This means that developers can regularly burn tokens and reduce the supply, which could cause the price of the token to go up.
3  Bitcoin / Bitcoin Discussion / Re: Man lost everything to Crypto on: January 20, 2022, 12:17:49 PM
I thought this post was related to some ponzi scheme due to which many crypto investors are loosing huge amount of their savings. One news was related to squid game crypto where it wipes out all the money. Squid Games crypto reached a price of US$2,800 before plummeting to zero and wiping out all the investor wealth. These instances shine the spotlight on how the popular new investment asset class is also a breeding ground for fraudsters. That the value of any crypto asset can change drastically in the blink of an eye is what most investors are now aware of. Similarly, QuadrigaCX was once believed to be the biggest of its kind in Canada. It started in 2013, much before Canadians thronged to risky crypto assets like Bitcoin and Dogecoin in huge numbers. In December 2018, the founder CEO Cotten died in India at age 30. In its investigation, the Ontario Securities Commission (OSC) found that QuadrigaCX was nothing but a ‘modern technology’ wrapped Ponzi scheme that ran on a pyramid structure. The bubble was destined to go burst when the exchange could no longer cover payments to older users through money from new depositors.
So i would suggest please beware before investing in crypto.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Profitable coin for 2022 on: January 05, 2022, 10:56:57 AM
BTCBTCCryptocurrency has gained a lot of popularity in recent times and more than thousands of cryptocurrencies have launched. The surge in altcoin prices could be due to investors betting on the rapidly evolving cryptocurrency market and the increasing acceptance of digital assets and blockchain technology. Recent launch was fantom altcoin whose price has rose high in recent times. Although there was no development about the Fantom crypto, its price surged as altcoins often move in tandem.Fantom crypto is the native utility of token of Fantom, a blockchain-based platform capable of running smart contracts. The Fantom project is capable of more advanced transactions and offers more features than simply exchanging cryptocurrencies. FTM crypto has a circulating supply of 2.5 billion tokens, and its maximum supply is around 3.2 billion tokens.BTCBTC
5  Economy / Trading Discussion / Re: Where I can check the crypto events calender? on: December 23, 2021, 10:06:36 AM
You can stay updated by following some crypto related websites which cover all the news and updates happening around cryptocurrency.
Like coingeko, cointelegraph,bitbns,coindesk, kalkinemedia.com/crypto,follow crypto related on twitter etc. You can get apps for daily updates.
6  Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin on: December 14, 2021, 11:47:36 AM
Newbies are more passionate to earn money easily and quickly due to which they suffer some losses. A detail analysis ad constant are necessary for investment in bitcoin as the crypto market is realky volatile. (https://kalkinemedia.com/ca/)
7  Other / Off-topic / Re: What you think about SHIB is it worth it to invest in. on: November 10, 2021, 11:05:18 AM
There was a recent news that Shiba killed dogecoin and enters in top 10. What best to expect from it.At present, Shiba Inu is ranked as the world’s ninth largest crypto, while Dogecoin is ranked tenth, as per CoinMarketCap on. Shiba Inu popularity has reached unprecedented levels. Its historic price gains have turned its ardent followers into millionaires. On 23 October, it gained about 21% when it was priced at US$0.00003385. It rose further to US$0.00004778 on 26 October and peaking at US$0.00007156 on 1 November. However, the meme crypto’s dream run could eventually pause as Shiba Inu is equipped with numerous flaws. One such drawback is its ability to process transactions, which would hamper its value in the long run.https://kalkinemedia.com/news/cryptocurrency/shiba-inu-killed-dogecoin-enters-top-ten
8  Economy / Speculation / Re: Elon Musk Sees Bitcoin Price Reaching $69,000 on: October 21, 2021, 11:51:30 AM
Musk has always been able to create a buzz with his tweets in crypto market. Hopefully it may reach to $69000 if he as tweeted. Recently he made another news with his tweet. Musk said in his latest reply to Matt Wallace’s tweet that his net worth is hopefully good enough to extend life to Mars. Matt Wallace thanked Elon with his reply and expressed his confidence on Elon Musk by saying - ‘no doubt that he can make that happen.’ Not just this, this tweet thread gained immense attention when an account called Dogecoin appreciated Elon’s reply and said that – “We have your back every step of the way." The thread continued with interesting tweets mentioning the official currency of Mars as Dogecoin.BTC
https://kalkinemedia.com/news/world-news/musk-on-mars-rocket-man-to-extend-life-to-mars
9  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin rebounding? on: June 25, 2021, 06:58:12 AM
Investing in Bitcoin can be a smart move if the investor is aware of the volatility involved and does not panic and make rash decisions when there is a sudden dip. Bitcoin has experienced a roller coaster of ups and downs in 2021. Recent events across the globe have caused the world’s largest digital currency to fluctuate heavily, leading investors to question its future vitality.Experts advise that no more than 5% of an investor’s portfolio should be tied up in cryptocurrency(news source: kalkinemedia.com)
10  Economy / Trading Discussion / Re: Do I invest in cryptocurrency or coinbase COIN on: April 16, 2021, 09:45:17 AM
This time crypto is actually trading at great heights. Prices are growing like rockets. Recently,Ripple’s XRP token has grown more than doubled to US$ 1.96 per piece in the past one week. It is an eye-popping recovery for Ripple since 2018. The coin is glittering again, up 100 per cent up against its 52-week low of US$ 0.1742. Also, Elon Musk’s favorite meme-based cryptocurrency Dogecoin has recorded a new all-time high of US$ 0.145308, soaring over 28 per cent in the past 24 hours. Whereas Ethereum has been trading in a range of US$2,298.78 to US$2,486.87 in the last 24 hours, with a one-day volume of US$ 42.14 billion. Its current market cap stands at US$283.45 billion and it is still down 1.76 per cent from its all-time high.
Its really a great question for all of us: https://kalkinemedia.com/news/cryptocurrency/is-it-a-good-time-to-invest-in-dogecoin-xrp
11  Economy / Exchanges / Re: Coinbase secures eSports partnerships on: April 16, 2021, 09:33:19 AM
Apart from coinbase, Elon Musk’s favorite meme-based cryptocurrency Dogecoin has recorded a new all-time high of US$ 0.145308, soaring over 28 per cent in the past 24 hours.Also,nowadays investors pick Bitcoin as their first crypto choice. But Ethereum, which surpassed the largest cryptocurrency with a double margin year-to-date (YTD), is becoming a great option too for investors.Ripple’s XRP token has grown more than doubled to US$ 1.96 per piece in the past one week. It is an eye-popping recovery for Ripple since 2018. The coin is glittering again, up 100 per cent up against its 52-week low of US$ 0.1742.
reference website: https://kalkinemedia.com/news/cryptocurrency/ethereum-hits-record-high-up-2x-against-bitcoin-in-2021
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin hit 1 trillion dollars marketcap on: March 24, 2021, 05:31:03 AM
Inflation concerns have again started to creep into the minds of market participants. It's intriguing that they are now eyeing bitcoin as a way to avoid the risks of weaker purchasing power. But according to some experts, it is better to look somewhere else to catch up with inflation.
The recent debate of Bitcoin VS gold has also challenged and tried to threaten gold’s throne.
Hardcore Bitcoin enthusiasts say cryptocurrencies is the world’s best hedge against inflation. The underlying premise being, unlike U.S. dollars or any other fiat currency, it’s programmed to have a limited supply. Therefore, their purchasing power is bound to rise to catch up with inflation. https://www.kalkinemedia.com/news/cryptocurrency/can-bitcoin-serve-as-an-effective-balm-for-inflation-injuries


13  Bitcoin / Bitcoin Discussion / Re: Bitcoin hit 1 trillion dollars marketcap on: March 15, 2021, 11:54:08 AM
Blockchain technology and crypto assets started gaining prominence again.After the previous high of US$58,300 odd levels in February 2021, Bitcoin had taken a decent correction of around 25 per cent.The optimism has fueled the recent push to the record high after US President Joe Biden signed a massive US$1.9 trillion economic relief package.No wonder bitcoin hit $61000 today and performed well over the weekend but  before the end of the day it is pulling back 2% to trade around $58,070 on Monday. (source:kalkinemedia)
14  Bitcoin / Bitcoin Discussion / Re: Decreasing Bitcoin price volatility on: February 17, 2021, 11:05:18 AM
Talking about bitcoin volatility, its has shown some volatile behavior in recent days just after some tweets or companies showing interest in buying them. Being not openly acceptable these day bitcoin use has increased its trade for buying things.
15  Economy / Trading Discussion / Re: Which is better option for trading Bitcoin or stocks ? on: August 19, 2019, 11:14:40 AM
As I am a stock market investor, I would suggest you invest in stocks rather than bitcoins. The main reason is that firstly, bitcoin is a virtual currency with no physical existence and secondly, one cannot predict the market movement when it comes to cryptocurrency. Recently, in the month of June, we came across news Bitcoin Crashes By ~24% Post Outage In The Cryptocurrency Market (You can read complete news here: https://kalkinemedia.com/2019/06/28/bitcoin-crashes-by-24-post-outage-in-the-cryptocurrency-market/)  which was a huge loss in the cryptocurrency market.  Thirdly, it is not at all supported by any of the governments globally. Once any government initiates the step for bitcoin legalization then we can think of investing in it with safe and secure results.
Whereas in stock markets you can at least study the market flow and invest accordingly depending upon the news. So it is much safer to invest in the stock market.
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