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The constant burning keeps a steady value of the token and also bets for a long term price rise.
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No but very less than compared to what banks are charging us nowadays.Transaction fees are included with your bitcoin transaction in order to have your transaction processed by a miner and confirmed by the Bitcoin network. The space available for transactions in a block is currently artificially limited to 1 MB in the Bitcoin network. This means that to get your transaction processed quickly you will have to outbid other users. More the fees,more quickly your transaction will be included in the block.
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You copy an entire description from FLOKI-INU without quote and source.  Moderators are coming for you.  I've put the source of the article I took it from. |
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I would say: Bitcoin Ethereum Binance Coin Tether Cardano Solana XRP Polkadot Shiba Inu Dogecoin |
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The headline that I read was exactly like I wrote here though "Sweden proposed to ban mining in the European Union" |
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The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog. He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour. After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%. Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC. Is all the excitement around the project really a hype? Like chiahype and etc.? But...Folky was only inspired by Elon Musk’s new Shiba Inu puppy, you can read this: https://swapzone.io/blog/floki-inu |
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My question is: is there some token on bsc that isn' t pumped for bull trap?
Just don't buy these coins unless you're confident their technology is legitimate, 99% of the time it probably won't be. And if figure out the 1% and put the time in to do so (probably a lot of time), you might make money, but it's a maybe cause it's risky. |
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Hi guys. I wonder how to find and spot good coins and buy them at ICO, before they are going on a well known exchange like Binance? I know that there is a mass of new coins which are 99% shitcoins. But there were als coins which aint even shitcoins for example like DOT (ICO 0,29$), UNI (0,06$) or SOL (0,22$).
So how to spot these coins before they get popular or are listed on big exchanges and are purchaseable at decentrilised exchanges?
You can find all of these here: https://swapzone.io/exchange/btc/zec and also compare their best exchange rates |
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The application period is prolonged until November 15, 00:00 UTC!  |
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The founder of the Avalanche network, Emin Sirer, claims that the “reasonable” value of stablecoins will give them an edge over other cryptocurrencies. He believes that we will not complete the formation of the crypto market until stablecoin becomes the number one coin, that is, the first sign of the massive success of cryptocurrencies will be the fact that any stablecoin will overtake Bitcoin and become the leading digital currency. It's understandable cause apart from being able to stabilize price volatility, stablecoins are also supported by multiple sources of assets. It could be a traditional currency like the US dollar, commodity, precious metals, or algorithmic functions, or other cryptocurrencies. However, the risk level for stablecoins is greatly influenced by its backing, so isn't that a "too much" claim? https://markets.businessinsider.com/news/currencies/avalanche-avax-emin-guen-sirer-founder-bitcoin-stablecoin-tether-usdc-2021-10https://swapzone.io/blog/stablecoins |
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At first, the headline elicited a "what?"
Then I read this:
"Swedish regulators believe cryptocurrency mining will prevent the country and the EU from complying with the Paris agreement on climate change
And again "come on"
But then it turned out that officials called for a ban in the European Union for mining cryptocurrencies using the Proof-of-Work algorithm.
In general, okay, Ethereum developers are already planning to abandon PoW in favour of the Proof-of-Stake algorithm, what will happen with other coins, will they also switch to a new algorithm or will they blow off these news?
Maybe you should include a link to a reputable news article if you're going to throw this out there. If it were to be true then it sort of fits in with the Scandinavian mentality of responsible and long term thinking (in comparison to other countries). If Bitcoin is to become a solid global e-currency then it really does need to address this issue, but it seems impossible at least until all the Bitcoin are mined and it turns purely into transaction network. There are much bigger environmental issues that could be targeted before going after cryptocurrency, but I can see the EU politicians going after this easy target - compared to say figuring out the oil/gas issue. You're right I should have put I link, but actually you can just google the headline and get a lot of medias with the news https://news.bitcoin.com/swedish-regulators-call-for-eu-ban-on-crypto-mining-power-company-defends-industry/ https://www.aroged.com/2021/11/11/sweden-proposed-to-ban-mining-in-the-european-union/ and etc |
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Hi all,
I've been reading a lot about Bitcoin, watching interviews from Michael Saylor, Robert Breedlove, Pomp, Preston Pysh, read a book on Bitcoin/Blockchain......but for some weird reason, i still cant formulate a basic description of what is Bitcoin.
Yesterday, I was by myself and I asked myself : If you had to describe Bitcoin to a kid, or anybody, the very basic or simple aspect of it, how would you do it ?
For some reason, I wasnt able to say much beside :
-Its decentralised, its a «store of value», it can be seen as «property» (as opposed to land or house or anything that a govt can seized from you), and that all transactions or public to everybody via Blockchain.
I dont know if im retarded (loll) but I was very insastisfied of my description of Bitcoin compared to the work i've done to educate myself. Seems like the informations dont want to sync in my brain...
In a simple way, if you would like to explain to a friend the basic concept or nature of bitcoin, what would be the 5 key points/short sentence that you would say ?
Once again, thank you Bitcoin family.
Always interesting to see your response !
Maybe not in 5 words, but easy enough "BTC is decentralized digital currency, that can be sent from user to user without the need for intermediaries". If a kid asks about "what is an intermediary?", you can answer "a central bank or a single administrator in this case" |
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At first, the headline elicited a "what?"
Then I read this:
"Swedish regulators believe cryptocurrency mining will prevent the country and the EU from complying with the Paris agreement on climate change
And again "come on"
But then it turned out that officials called for a ban in the European Union for mining cryptocurrencies using the Proof-of-Work algorithm.
In general, okay, Ethereum developers are already planning to abandon PoW in favour of the Proof-of-Stake algorithm, what will happen with other coins, will they also switch to a new algorithm or will they blow off these news?
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I’m just kind of curious how many people around here have been around long enough to have spoken to Satoshi, and what your experience was like. I am just fascinated about the whole thing. It’s beyond amazing Satoshi is still anonymous, so it makes me wonder what he was like when speaking with them. I’m guessing not too many people here were around for those days. This is one thing I’ve always wanted to hear Theymos talk about. Imagine having helped Satoshi build bitcoin, having private messages etc…what an experience!
For some reason I think that there's none people who actually had interaction with Satoshi left out here, I might be wrong though, but come on, they all should have probably have their own companies by now  |
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People like to think of themselves as being consistent and rational individuals, If they decided that they know better and "this is a definitely a good investment", they won't listen, as this may dent their sometimes fragile self-esteem. So this will probably never end.
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ADA and NEO are different though often being compared in different reviews, and they can exist separately without copying each other.
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Shiba Inu is an ERC-20 token that entered the industry in the summer of 2020 with one goal; surpassing Dogecoin. Similar to the Shiba Inu, the Floki Inu was inspired by the Shiba Inu dog breed. In fact, both coins have the Shiba Inu for their logo. The major difference is that Shiba Inu was born from Dogecoin while Floki Inu’s idea came from Elon Musk’s Shiba Inu puppy. Some of the major differences between Floki Inu and Shiba Inu include: Token Symbol FLOKI SHIB Rank (on CoinMarketCap) 2713 9 Hodlers 270,000+ 900,000+ Launch date June 25th, 2021 August 2020 Network Ethereum & Binance Ethereum Inspired By Elon Musk’s new Shiba Inu puppy Dogecoin Price $0.0002651 0.00006446 Market cap $2,495,742,734 $35,211,366,296 Total supply 10,000,000,000,000 589,738,956,207,004 Max supply 10,000,000,000,000 Unknown More: https://swapzone.io/blog/floki-inuWhat do you think of meme coins? |
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It's pretty hard to imagine these regulations, cause there is a technical problem here, It’s not possible to calculate your cryptocurrency tax liability without sophisticated software. Tracking the cost basis and days carried for the software needs a “deep understanding” of how blockchain works. Simply recording transactions in an Excel spreadsheet is not good enough for calculating tax liability (for cryptocurrencies).
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