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1  Alternate cryptocurrencies / Altcoin Discussion / DeFi tokens - do they have a real value? on: August 17, 2020, 03:12:28 PM
Hi guys,

I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right?

That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons.

I hope you understand what I am talking about.  Cheesy
2  Alternate cryptocurrencies / Altcoin Discussion / Do you know why there won´t be any flippening? on: May 24, 2020, 06:07:03 PM
Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins.

For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit.

I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin.  Wink
3  Alternate cryptocurrencies / Altcoin Discussion / DeFi - decentralized finance on: December 24, 2019, 01:31:08 PM
Hello, I just learned something about DeFi, I would like to know your opinion about that. I am talking about MakerDao or Synthetix for example.

It is really 100% safe as it claims? It should be protected by smart-contract, but who knows if it is 100% without a bug? The problem is that you can´t reverse the tranaction when it happens and investors will loose their money. It looks like a good alternative how to leverage or hedge your position.I think that now it is the best time to learn something about it because you can easily grow your portfolio thanks to secured loans (it is not so likely that the Ethereum will fall by more than 50% to endanger your leverage position). Those who do not know anything about it, here is a good example: you can lock for example 1000USD in ETH to the DeFi smart contract and you will get loan worth 500USD (in Dai tokens), you buy more Ethereum and when price goes up, you will need to pay only 500USD to unlock your Ethers.

Also there were some DeFis that didn´t survive for example NuBits. Do you know about others one successful or unsuccessful?
4  Alternate cryptocurrencies / Altcoin Discussion / Decentralized way how to earn interest on Bitcoin? on: December 15, 2019, 08:39:43 PM
Hi guys, please, I would like to do something with my Bitcoins that that lie in my hardware-wallet.
Do you know about some decentralized way how to earn interest? I mean for example by using smart-contract? That Bitcoins will not leave my wallet and I will still earn interest?
I know that custody services like Cobo wallet or Binance offer that, but there is a risk connected to the centralization, you know.  Roll Eyes
5  Alternate cryptocurrencies / Speculation (Altcoins) / Selling tokens/low market cap coins for Bitcoin? on: May 03, 2019, 02:27:04 PM
Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.


6  Bitcoin / Bitcoin Discussion / Bitcoin a Blessing to Palestinians on: September 20, 2018, 01:58:16 PM
It was earlier Venezuelans benefited from bitcoin and now its Palestinians turn.With no official bank and official currency,they had been suffering these uch days to transact money abroad and vice versa. But now, bitcoin has come as a blessing to them. Now they could have money transactions easily and fastly with other parts of the world. Its said that

“Bitcoin, in their opinion, is cheaper, safer, and quicker,”. Nothing works with Palestinian banks. Bitcoin wallets are alternative banks.”


       https://blockmanity.com/news/palestinians-sending-money-across-border-using-bitcoin/
7  Bitcoin / Bitcoin Discussion / Bitcoin dominance record on: September 12, 2018, 02:06:34 PM
Bitcoin was once dominant in the crypto market being pioneer of crypto currencies.Then it started to lose its dominance gradually due to the entrance of hundreds of new coins.

Bitcoin's dominance was at its lowest at 36.1 percent.

But now, once again bitcoin's market share has reached high  to 57.09 percent which shows that people have lost faith in most of the shit coins and find only bitcoin to be the safe haven.

https://www.reddit.com/r/Bitcoin/comments/9f0bed/new_btc_dominance_record_since_13_dec_2017/
8  Bitcoin / Bitcoin Discussion / Fight between BTC and BCH communities drive away people from cryptos itself. on: September 11, 2018, 11:57:10 AM
We could see the fights between BTC and BCH community members accusing each other's coin and spreading negative thoughts about the crypto market itself as a whole.Each coin dev as well as its supporters wants to show the other coin down.It makes people who wish to enter crypto loose their faith in cryptos and stay back.

Come on guys,even if we wish or not we all are sailing in the same crypto environment boat.Don't accuse each other or else we all have to sink one day or another.
9  Economy / Speculation / Thank god its not bullish again on: September 11, 2018, 08:40:06 AM
Bitcoin's price has once again fallen down today to $6,315.

One of the great benefit of this bearish trend is that more speculators and new investors who just want to get rich overnight have mostly moved out or still moving out of bitcoin in search of another magical high ROI giving asset.

Thank God its once again not bullish.

Atleast bitcoin would be left with its loyal holders who wish to enjoy and support this technology by using btc for payments,etc.
10  Bitcoin / Bitcoin Discussion / Bitcoin mining using excessive electrical energy proved wrong on: September 07, 2018, 12:13:27 PM
I had been very much disturbed by reading articles that criticize bitcoin for using excessive enerfor mining.Nowadays such articles could be seen in large numbers.But the reality is different.Its just a false allegation against bitcoin by the biased media which is mostly funded by corporates.For them,those media deliberately spread FUD against bitcoin mining.

But bitcoin mining is using much less energy when compared to energy used for gold mining or bank transactions.

Such articles directly equate the number of transactions directly with the mining cost.But there is no such thing.The cost of mining stays the same both when a bitcoin block is full or empty.

https://www.reddit.com/r/Bitcoin/comments/9dnkye/bitcoin_uses_less_energy_than_banks_bitcoin_clean/

11  Bitcoin / Bitcoin Discussion / This strategy is mostly used for price manipulation on: September 07, 2018, 06:16:48 AM
Price manipulation is done by using many ways.Publishing speculative news in favour of boosting bullish trend is a way.Here on the below link,we could see that news sites continuously release news that bitcoin price is to boom.If we see such moves,we should be cautious about investing otherwise we may get fooled and we might have to regret for our wrong investment.Don't let news media to decide your fortune.

https://www.reddit.com/r/Bitcoin/comments/9dimq2/headlines_two_days_ago_this_is_how_market/
12  Bitcoin / Bitcoin Discussion / Do we too contribute to price manipulation by storing our bitcoins in exchanges? on: September 07, 2018, 05:34:47 AM
We all have advised these much days others not to store bitcoins in exchanges as they might get hacked.

But is this the only issue we are facing or do we all contribute to price manipulation by storing our bitcoins in exchanges.

So in order to avoid exchanges from using our bitcoins and manipulating price,we should immediately transfer our bitcoins to our wallets.

Unless we are going to trade immediately our bitcoins,we should not store our bitcoins there.
13  Bitcoin / Bitcoin Discussion / The next halving 2020 on: August 25, 2018, 01:03:47 PM
In 2009,50 new bitcoins were created every ten minutes.
In 2012 first halving,25 new btcs were created,in 2016 second halving 12.5 btcs were created every ten minutes and in 2020,third halving only 6.25 btcs would be created for every ten minutes.

So whatever the price of bitcoin be now,just stay tuned and bitcoin price would face a big rise on 2020.Just 637 days more approximately.

https://www.reddit.com/r/Bitcoin/comments/99v2tr/that_next_halving/
14  Bitcoin / Bitcoin Discussion / Will SEC never approve Bitcoin ETF? on: August 24, 2018, 12:36:08 PM
Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/
15  Bitcoin / Bitcoin Discussion / Would bitcoin mining be still profitable if it's price falls? on: August 10, 2018, 02:01:38 PM
Hi this is my doubt about costs related to bitcoin mining.As we all know that the difficulty as well as the cost for bitcoin mining is increasing continuously,suppose now the price is around 6,400 dollars and if this goes down a little to 5,000 dollars and if it continues for a period of six months,then would it be profitable for people or companies who mine bitcoins and if they were in a loss,would they be able to continue mining with a hope that bitcoin price would increase and they could recover their losses.And would it affect bitcoin mining in future?

Your views are most welcome.
16  Economy / Service Discussion / Blocking cryptojacking on: August 02, 2018, 12:54:05 AM
Hi recently i faced a very big change when using my laptop as it became very slow.I was not aware of the reasons.I had already read about cryptojacking in which our computers are used for cryptomining even without our consent.So i just added nocoin extention to my chrome we browser.Surprisingly,now my laptop processing speed has increased much better.So you guys too could use this nocoin extention if encountering the same problem.

Lets fight against cryptojacking.
17  Bitcoin / Bitcoin Discussion / Crypto jacking a bigger threat than ransomeware on: July 19, 2018, 09:33:16 AM
Nowadays crypto jacking,i.e.,illicit crypto mining by using a person's Computer without his concent has become more popular among cybercriminals than ransomeware.

Crypto miners nowadays account for 32percent of cyber attacks in comparison to ransomeware attack which is now just 8 percent.

Cybercriminals have found crypto jacking to be a safe haven as they could not be traced easily here.

https://www.coindesk.com/cryptojacking-now-a-bigger-threat-than-ransomware-says-report
18  Economy / Economics / Paper Money - The Greatest Scam on: July 13, 2018, 05:39:05 AM
I would say that paper currency is the greatest scam ever to enslave mankind.

Bankers charge interest for a thing which has been created out of thin air.

The paper currency gradually decreases in its value due to inflation over time.

So naturally people tend to move towards cryptos which are free from inflation and the bankers and big economists once again want to pull back people to the traditional enslaving system.

Now the choice is yours.

Enslavery or Financial Freedom?

Think Wise and Twice.
19  Bitcoin / Bitcoin Discussion / Banks not responsive to their customers on: May 13, 2018, 06:21:07 AM
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.

He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.

Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
20  Bitcoin / Bitcoin Discussion / The Curse of Mt.Gox continues:Thousands of bitcoins to be flooded on: May 13, 2018, 05:49:55 AM
Already Mt.gox was responsible for the bitcoin crash due to the reason of getting hacked.And now,after Japan court directed the Mt.gox trustee to sell the remaining 8,000 bitcoins.Be ready for yet another price dip.

New investors,be ready to grab this opportunity.
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