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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: August 09, 2021, 05:15:27 PM
Based on the move of bitcoin we can see the growth with the altcoins on the top list. With Binance the scenario is different in the past, because it recorded its ATH when the entire market was bearish. Later when the market turned bullish it made its new ATH. BNB is a potential asset and the growth will happen for sure. If I'm not wrong there is more chance of price touching $1000 before the ongoing year end.

Yes but the whole market gained quite a bit while BNB didn't move that much. It does have most likely to do with the problems they now need to focus on and solve as quickly as possible. They are going through stressful times now, but I expect them to fully comply and resolve everything.
What I didn't like that much is that they want to turn Binance into a fully regulated financial institution. Those are the words of CZ. It quickly reminds me of banks raping their customers with high fees because regulatory requirements are expensive. I hope not, but I am afraid Binance will end up like any other bank. Coinbase already is hardly different from a bank as well.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over? on: August 09, 2021, 05:08:41 PM
As far as Elon musk is concerned, i think he tries to manipulate the market for his own good. He makes tweets accordingly and then buy or sell. So he has nothing to do with hype. His intentions are now kind of exposed to the crypto community and not much effect his tweets make compared to the initial impact.

Honest question dude, do you really believe that a guy with a net worth of 180 billion dollars in the pockets is going to manipulate a meme coin to then buy or sell on an exchange that got him registered with KYC, risking to be sued for market manipulation as a manager who is behind Tesla and SpaceX and many other companies? Cheesy Come on, you can't believe that yourself.
Do you think Bill Gates cheats when he plays poker with his friends to win the thousand bucks in the middle in the end? Cheesy
3  Alternate cryptocurrencies / Altcoin Discussion / Re: busd or USDT safe on: August 09, 2021, 05:05:21 PM
if it's a security issue I think both are safe. the only difference is that BUSD is on the Binance network, while USDT is not.
I think it's just personal preference to choose USDT or BUSD because they are functionally the same, and are not affected by a decrease or increase in market prices.

I think there is a massive difference between the two and that is the fees. Getting your USDT from one exchange to another right now costs you a fortune. The fees are ridiculous. Some exchanges charge up to 20 USD for a single USDT withdrawal. The issue is that not all exchanges have BUSD listed. Anyway, if you stay on the ETH network USDT is just fine even though the fees are still a pain in the ass, but if you have the choice I would go with BUSD as it gives you more flexibility financially.
4  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What will happen to Binance? on: August 09, 2021, 05:02:47 PM

Although I hate Binance for KYC, they did a good job in keeping up the volume of the exchange we've all made money through this exchange at some point. They were hacked once which they've also spent their own money to give back what is lost to the clients affected.

Those are Relatable issues with me which things i also feel that about KYC. Still i using this exchange without KYC. In Binance exchange all of the listed coins trading volume are always continuing very high that's why overall Binance is the top rank exchange also reputed. When it was last hacked i have fund and i got it when they refund from their own (safu) fund. But now i'm a little bit careful i didn’t hold here, i moved my fund in my personal wallet where i can control my funds.

They only KYC the large investors don't they? I know a lot of people using it for years now without ever having to pass any kind of KYC procedure, nothing. I thought that that is a question of the limits you are willing to trade in a certain time interval. Anyway, they always provided a good and reliable service, essentially no downtime and very quick matching engine with no slippage. Some exchanges are so brutally slow even when you just open the website.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't panic on: August 09, 2021, 05:00:44 PM
Yes, that is true. Emotional control is important so that we don't panic easily. Usually newbies lose a lot of money because they are stuck with their own emotions and can't wait to monitor changing market conditions. The importance of market analysis should also be studied by newbies so that they can have an idea of ​​what benefits and risks are obtained. if at any time the price of the purchased coin turns out to be too high and market conditions actually go down, the solution is to hold the coin until the price stabilizes again. do not sell cheap because it harms you.
It starts with a lack of education about investing in crypto, if they believe that crypto could bring easy money on their investment, then they are wrong and they are most likely to get FOMO easily resulting in big losses in the end as the market does not move in an uptrend movement forever. However, if they really want to stay, they need to learn from their experience and be smart next time.
Usually it is always in the minds of beginners who have just come to the crypto market, they always want it to be easy to make money, of course, with their shadow investment, maybe what they feel is how much profit they get while investing is not as easy as imagined if we still haven't experienced it experience in the crypto world.

Indeed we know investing in crypto always earns fast money but it takes great skill in choosing a particular coin, is it all possible? of course not but they can understand how to choose and see good opportunities not just about easy which is always expected then it will be a big mistake too.

Excuse me, but this is very wrong...

I know of people who have been into crypto for over 8 years now and some of them have even worked on top 20 cryptocurrencies as developers. Do you think that none of them ever made an unbelievably bad decision? One guy did even go broke, but is back on his feet now. They are all professionals, they were all extremely sure about their decisions and positions, and yet some of them were wrong some of the time and some of them were right some of the time. Luck is also a huge factor, personal circumstances and much more. Education is a good point to start with but in no way is it an insurance against losses. I am sure you know from the media some gurus who dominated the markets for decades and yet have been wrong big time here and there.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the basic difference bitcoin and ethereum? on: August 08, 2021, 10:40:39 PM
The question of who is better is not fair!! Both Bitcoin and Ethereum have some good features that make them superior to other coins and they also have some negatives, for example Bitcoin has the problem of block size and transaction delay in addition to the problem of electrical energy that we need for mining, but despite all that Bitcoin remains the coin The first popularity in the world and has the largest trading volume in the market in addition to being the real engine of all markets.
 Ethereum mainly suffers from network congestion and high fees but also has many other important features and DAPP applications and with the move to Proof of Stake POS will solve the problems of congestion, delays and high fees and is the second currency in the market.
Conclusion I can say that with hundreds of coins appearing that outperform Bitcoin, but Bitcoin will remain the #1 best and most popular coin of all time.

While we are talking about the energy consumption and block size as a problem for Bitcoin, we shouldn't forget that with these features as I call them Bitcoin obviously stayed on top since its inception and is the most valuable network there is in the crypto world. The majority of investors sees it the same way or otherwise we would see coins with no energy consumption and no block size problems at the top of the list, but that is not the case. We must thoroughly consider what kind of long term implications certain aspects about the protocol really have. Energy consumption sounds negative at first glance, but is it really or is there also good things about it?
7  Alternate cryptocurrencies / Altcoin Discussion / Re: The regulation of the cryptocurrency market will become more serious on: August 08, 2021, 10:37:39 PM
The hyperlink is SEC Chairman Gary Gensler's speech at Aspen Security Forum on August 3.
There are two sentences are worthy of our alert.
"In my view, the legislative priority should center on crypto trading, lending, and DeFi platforms”
"For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of our public policy frameworks.”
Please stay awake. The regulation of the cryptocurrency market will become more and more serious. How do you interpret the  sentences?

Perhaps in the future the regulation of the cryptocurrency market will be even stricter with the regulations made by the largest shareholder of bitcoin as conveyed by SEC Chairman Gary Gensler at the Aspen Security Forum. in the future they will focus on the development of a wider crypto with financial innovation that is more secure and controlled.

What he claimed about financial innovations thriving outside of public policy frameworks just doesn't apply to Bitcoin in any way similar to all financial innovations we had in the past of humankind and I am sure he knows it. Bitcoin is completely different from anything there was in history. It can definitely be functional outside of public policy frameworks as we can obviously see at the example of China. What are they going to do? Shoot or hang people for buying or using Bitcoin?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: busd or USDT safe on: August 08, 2021, 10:28:01 PM
BUsd related to Binance. So some sure about it. If anything happened  Binance can be point out. If USDT happended what can we do?

so what is the best ?
Both coins are trustworthy and its value is also same. So I don't see any difference between these two currencies. Yet since BUSD has a large and reliable organization such as Binance. So it dominates a little more than the USDT

They do hold their value reliably and their respective market shares in the stable coin market are impressive, but we shouldn't forget that both are fully centralized versions and both companies do and did have their scandals and problems. Bitfinex had problems a while ago and is again under investigation I believe and Binance is also involved in problems.

What would happen if they get cease and desist letters or any other requirements that would force them to support their stable currencies? That is the risk with centralized ones.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over? on: August 08, 2021, 10:25:49 PM
Just one more hit on ATH price and the HYPE will be back but who knows this breakout will be fake or no. The mass demand is still under question, so waiting for the sentimental indicator results will show us how much of the total invested money flow came from the smart or dumb side. Dumb money flow will be a loss in the long run, so the market will show us a clear direction soon.

I think so too and also it would be nice to know a number how many % of people own cryptocurrencies by now. I think one day almost everyone will hold some even if it is not a substantial amount, but just because it might be more practical for a couple of things in life. So once Bitcoin scaled and is very easy and fast to use, everyone is going to buy it for practical reasons. By now I think we are still in a pretty low % range of people worldwide holding crypto.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: How to judge whether newly listed coins are worth investing? on: August 08, 2021, 09:11:11 PM
For around the last year I have not seen one single coin that has been newly listed worth investing in most coins today are copies of others which have failed.
Creating a new tech or innovation was so difficult and it's not easy as you said that dude. So many coins were doing more and more improvements from the old protocols and this is totally needed to be used as a sustainable development to make sure crypto will always evolve from time to the time.

At the same time they often claimed to have developed innovative protocols that actually weren't really that innovative because they gave up on some of the other core values like trading efficiency for security or other trade-offs. An innovation to me is at least in the area of crypto when you can keep as much as possible the core values of decentralization and what comes along with it while improving parts of it like scalability. When the first coins came and said hey we can do 1,000,000 tx per second it turned out that they were almost fully centralized. That is not innovation to me.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: why do you keep allcoins? on: August 08, 2021, 09:02:50 PM
many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

There is no guarantee for a coin to wait 2, 3 and 5 years to rise to the maximum number, if we look at the condition of Dogecoin at that time, they were able to provide a very good bargaining value, but could not last long at the maximum amount.

No coin goes up drastically for no reason, this shows evidence from yesterday's Dogecoin, it's only natural that people expect altcoins to reach the best peak after purchase, because in the end people are looking for profit from the results of these investments.

The guys who profited really big time from Dogecoin are those who are either in it for a very long time and maybe even mined it with tens of thousands per block or whatever the reward is, or those guys who had some insider information, loaded their bags and then coordinated a pump and unloaded into the masses who were then outbreaking when even Elon Musk joined the party.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: The market situation is deteriorating day by day.. on: August 08, 2021, 09:01:15 PM
I think more and more people are waiting for autumn, because the market always starts to revive at this moment. In the summer season, many people are on vacation and do not care about cryptocurrencies in general. And by the fall, you can expect new projects and new investors, according to my observations, it always happens.
Whether the crypto market will always be related to the seasons every year, if based on the graph the crypto market index does not create the same movement every season in the last few years and maybe its relation to each season only creates temporary market ups and downs.
There might be some patterns been created or could be observed but doesnt mean that it would be precisely happen on next years to come.So i dont really believe on such thing because everything would really be random.

Several factors could really be affecting the movement neither positive or negative sentiments that do happen in the market.We would see neither an upgoing market or would be going downward.

Market is unpredictable and that what makes it hard to deal with it but if you do know on what you are doing then its really very rewarding or worth for the time.

It is pleasing to see that someone has a reasonable view on market movements and price predictions. I totally agree with you that predictions aren't worth a dime, particularly if someone tries to tell you where Bitcoin will be at in one year. I find it even ridiculous when someone tells you where Bitcoin will be in one month, maybe even in one week. Where are all the experts who predicted a crash from $65k to $28k and a bounce back to $45k? Where are they? ;P
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: August 08, 2021, 08:59:18 PM
I think it will happen very soon, BNB will be worth more than $1k in the future. BNB is the biggest exchange in cryptocurrency and BNB deserve to hit that price. I am one of the believer on this coin and it will be very excited to see BNB develop in the future and there is a big chance for BNB to take second place in coinmarketcap, everthing is very possible in crypto.

I usually thought that BNB would benefit way more from this little bull run that Bitcoin and to $45k. Usually BNB benefited a lot from positive movements in the Bitcoin price, but this time it was rather calm. Maybe that is because the next burn of BNB coins is so far away.

There is also a lot of stress for Binance with several financial authorities from around the world. Perhaps people are waiting to see how that plays out.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: August 07, 2021, 09:21:30 PM
I'm pretty sure Bnb will go up to 1k. Exchange Binance has proven to be the biggest exchange in crypto.
I highly agree with you. Binance will hit $1k sooner or later. Most of the people use Binance as their primary exchange, also Binance offering a lot of facilities for traders. If any trader uses Binance coin as a fee then he can reduce the trading fees and for this a lot of people buying more BNB coins. Regularly CZ burning BNB and it makes the price pump. There is a huge demand for BNB coins, BNB also listed a lot of exchanges. So for the long time investment, BNB is the best choice. 
agree with what you said, binance has indeed made its users a much-needed partner and provides facilities and innovations that are always renewable. with an exchange platform that is quite cheap, it clearly gives everyone the opportunity to be able to make transactions with the best choice, which is really needed right now because other platforms are quite expensive.

In the future, everyone strongly believes that to reach $1K Binance will be able to easily do it because we know it had reached ATH $686.31, which in fact if there was no correction it might have been achieved by now, but let the end of the year still have enough time to achieve renewable ATH even more fantastic.

Yes and Binance deserves to be where they are right now or even higher. If you compare them to some of the other cryptos that are at the top of the list, Binance has at least something to offer that is of real value to the users. You can't tell that about any of the coins up there.

I think that during another significant bull run we will see BNB approaching the $1,000. We have had the ATH at two thirds the way there and I don't see a reason why, if nothing surprising happens, BNB won't go even beyond the ATH at some point.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: The market situation is deteriorating day by day.. on: August 07, 2021, 09:01:17 PM
it's an opportunity to buy up some altcoins that still have low prices, don't waste that opportunity while the market is still burning red, that's what is called a market correction.
"But for now the market conditions have started to improve"
The current improvement in market conditions has made the enthusiasm of traders even more even though the market recovery has not yet been fully implemented, because there is still a price decline of several percent in a matter of hours.

They did indeed start to improve. If some people don't see +10% for seven days in a row, they call it "crypto winter". In my opinion that is ridiculous to put it carefully. We are going so strong right now, massive green progress on all fronts as it seems but still there are people out there who say that we are used to even greener times with more price increases per day and stronger volumes...

To me it is natural that after a big dump happened a lot of the enthusiasm disappears along with those dumps. That is the same for a car. If an autonomous Tesla crashes against a tree, I am sure that for a second enthusiast will also turn into hesitaters.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: why do you keep allcoins? on: August 07, 2021, 08:58:21 PM
Actually, the issue of waiting depends on those of us who have coins, who believe that in our opinion this coin is not possible or it will be very likely that the coin will peak in value, so the point is not really how long we have to wait, let alone for years, but when we have reached that price belief. up to the limit we predict, then at that time we release the coin, the point does not have to be 2.3.4 to 5 years
Yes, that's not the point but it's all about what you think to the future of the certain altcoin that you've chosen to hold for a long time. Just like me, I believe in Ethereum and most of the altcoins, this is the altcoin that I've invested most and believe in its future. And luckily, I didn't go wrong with what I've believed in it and for a couple of years, my patience and trust in this coin came into fruition and we saw how it's going lately and with all of the updates that came into it, with the fork. Although the fees seem to be outrageous again, yet still that's fine and it will calm down the fees later on once it stabilizes.

I wouldn't consider an alt coin the same way I would consider many of those worthless and senseless coins as alt coins. Ethereum is a whole different from Bitcoin, completely different goal. What's happening on the Ethereum platform is what you can call alt coins. So many bad coins that have no reason to exist other than scamming people for their money.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: How to judge whether newly listed coins are worth investing? on: August 07, 2021, 08:56:05 PM
1.project team  There will always be a very large community behind a potential project to promote the success of the project.
2.white paper  Through the white paper, you can learn about many project parties' data, such as transaction volume, currency holding addresses, and the amount of funds in the mining pool.
3.Exchange listing  Many newly-listed tokens will be used on unheard of cryptocurrency exchanges with very low trading volume. If it is listed on Binance, it may be the most anticipated of all projects.

The second point you mentioned regarding the white paper is definitely not a reliable one to judge whether a project is worth investing. It serves as a very rough orientation as to whether you like the direction the project is supposed to once take, the vision. I guess 950 out of 1000 white papers during the ICO mania back in the days have never even been put to practice by 10% of what was written down in those papers. Some of the projects even only got to launch their mainnet and it was game over...
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over? on: August 07, 2021, 08:53:51 PM
For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you. Smiley

For what reason would you look at a market for the last two months and come to the weird conclusion that the crypto hype is over? We have 116 billion dollar trading volume and are close to 2 trillion dollar overall market capitalization and you conclude that the crypto hype is over? ^^

Sorry, but I feel I can't quite share your opinion. Only because Musk tweets less doesn't mean people are less interested...
19  Alternate cryptocurrencies / Altcoin Discussion / Re: busd or USDT safe on: July 31, 2021, 06:15:15 PM
BUsd related to Binance. So some sure about it. If anything happened  Binance can be point out. If USDT happended what can we do?

so what is the best ?
I myself tend to prefer usdt over busd. Due to the many exchanges on the trade there are more alternatives to usdt . And in terms of value he is still very stable . So if the second option maybe I choose usdt.

It is still the same problem, they still owe the same reports to the same people. The issue is that once these people get to know each other, they also develop incentives to do shit with the power they obviously have. Some people really underestimate how powerful stable coins are by now!
20  Alternate cryptocurrencies / Altcoin Discussion / Re: How to judge whether newly listed coins are worth investing? on: July 31, 2021, 06:13:38 PM
There's really a lot to consider whether a coin is worth investing but mostly some people buy it if its listed to big exchange like Binance which leads to pumping, some people think it's nice to buy those kinds of coins since they are new and fresh and it is listed on big exchange.

But me, I still choose the old coins with has a big market cap already rather than investing to lowcap coins which some people managed to control or manipulate.
On a volatile market, its safe to invest on good coins because you already have a price history as you basis and if you’re going to invest on new project, then you’re totally clue less. Maybe, new projects with a good platform that was able to hit an exchange tells a great news, you just have to understand the project and see how it works maybe you’ll invest later on. I’d personally have my own personal standard on investing, exchange listing is one thing for me especially if its on the top exchange.

Under most circumstances you just don't know. Whether a cryptocurrency is worth investing or not is something that you can essentially only find out by doing it. I personally think getting into crypto isn' a mistake, but getting into crypto too big right from the start is a mistake!
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