"Not your keys, not your coins"

- Biden, probably

For safe-keeping, Banks are still the safest and the easiest method to store your money, and there are a lot of benefits to them besides security. Of course, there's inflation so it wouldn't make sense to deposit in the bank if you want to grow your money. For gold though, I don't think gold provides interest, however, gold prices steadily increase in price but it's super slow, especially if you factor inflation.

It depends on the announcement of FOMC whether the interest goes down or increases. BTC price usually goes down when the interest goes higher and goes up when interest is lower. Although, I've noticed that it's generally for the short-term, and Bitcoin price either goes a little bit up or down or returns to its original price.

I know a community in my country that lives stream the price of Bitcoin, a few minutes before the announcement of FOMC. It was fun to watch the reaction of people because some would gamble their current month's salary to either win big or go home empty.  

My space is empty right now. Might as well put it to good use  

Edit: Oh. It ended already since feb lol

It seems that the Hype around Ordinal is congesting the network and we can see that it's going to take a lot of time until fees go down. I think we all know it, Ordinal is the hot thing this year and traders, investors, and even scammers are taking advantage of this. There's a post made by @pooyah87 which tells how scams are increasing in numbers, which results into flooding the network and increasing the fees.

It's a really rough situation right now without the knowledge of when this is going to end.

Bro, FTX is an isolated case where it abused the users funds by transferring money to their other company, and many more shady things. It's a single company that is getting hated, not the entire CEX. I don't think anyone hate CEX because of FTX.

What's up with people correlating FOMC meeting this feb 1 with the pump and dump of Bitcoin? I don't know what FOMC meeting do so I'm confused as to why some people see this as a go signal to buy or sell Bitcoin.

Can someone share a light on this?

The thing here is that once a tech got popular, another company will try to adopt it too. I don't think Cardano will have a significant lead in technology, especially when ETH also has expert developers on their side. Yeah, they might have a little bit advantage but that doesn't mean much to the masses. It's the trust and utilities, especially when convenient enough, that's going to win in the end.

They can ban it but they can't stop people from using it. That's just how it is. It's the fear of the law that will stop the people from using Bitcoin.


Bitcoin is too small to see it as a threat for the traditional banking. It's more like a nuisance because of how criminals are utilizing Bitcoin to launder or scam from the citizens. Bro, just look at NFT scams taking millions of dollars in Bitcoin and Ethereum alone.

LUNA need to beat Bitcoin marketcap to even reach the level of cents lol. There's no way unstablekwon will be able to do that. This project is officially dead.

UST isn't backed by anything hence the price right now. Since they sold their Bitcoin (Their only asset that supports UST & LUNA), it's only a matter of time before it goes to $0.

Kinda feel bad for investors who thought their assets are safe in UST since they branded it as "Stablecoin", which you can see it's not.

Man, LUNA & UST just solidified bear. It kinda sucks but I guess black friday sales.

I really doubt they can recover. Stablecoin runs on trust and that's the one thing they lost the most.

I just hope UST & LUNA disappear from this space. Largest ponzi scheme this year. Didn't even last that long before the shitshow happens.

I don't think it's matter of liquidity. I think what they are trying to prevent is overinflation. Their liquidity isn't really changing much in 3 months but their token supply keeps increasing without a sign of deflation anytime soon with the old design.

It's not that I'm frustrated, I'm just shocked. I woke up one day and the old design was gone, replaced with a new design that isn't really appealing to me anymore. The crypto world is changing so fast that locking your money with bad APY is just bad design, at least in my opinion. Their flexible is so bad that even staking in Binance yields more than the platform itself.

Pancakeswap recently rolled out a new update that replaced their old staking design.

The old staking design was these 2:
Option 1: Auto compounding cake staking - 60% APY
Option 2: Manual Harvest cake staking - 48% APR or 60+% APY
You can unstake them both anytime you want and you can do both.

For the new design, you also have two options:
Flexible staking - which is Auto Compounding, unstake anytime - 10% APY (as of today)
Fixed Staking - Pick how many weeks you are going to stake, Auto Compounding - 20+% APY up to 220+% APY depending on how many weeks you are going to stake. Max 52 weeks or 1 year. The lesser the weeks, the lesser the rewards. You can't unstake no matter what until the timer runs out.

You can only pick one of the two. If you pick fixed staking, you can't do flexible staking anymore until the timer runs out. If you pick flexible, you can't do fixed staking unless you unstake your flexible.

A lot of people don't like this, myself included. I don't like how I won't have any control of my coins for a period of time. I don't like how my rewards are compounded instead of harvested. I don't like how it is Waaaaaaay less APY than the old design. It's also more complicated because before, you only have to stake it and wait for it to compound and you can unstake it anytime you want with a juicy APR. Now, you are forced to make a strategy which date you'd like to get your reward with a significantly less reward than the old design.

Sold all my cakes and bought Biswap. Auto stake it for 56+% APY and just forget it. I kinda feel like pancake swap removed the only feature people wanted from them. I know it's for controlling inflation, however, I feel like they did it in a bad way.

What are your thoughts on this?

Campaigns that pay in useless coins are not worth it. I could say bounty hunting is dead. There were good projects before that pays good but that was not the case anymore. You're also competing against bots so less reward for you. You aren't also guaranteed anything if a project fails. You'll most likely get useless tokens that will only flood your wallet. If you're not using both, maybe you'll get like 1 good project in like 6 months.

I can see bounty hunting becoming obsolete in the future unless something changes (Like changing the payment method to actual coins that has value).

Out of all the games there, Axie Infinity still holds the most promising because of it's potential to become mainstream blockchain gaming platform. Origin is coming where all the burning mechanics are and you can play it for free. It will also be in google playstore so it will reach casual gamers.

They will also allow other creators to create their own game in the Ronin Blockchain (It's going to be like Ethereum or BCS but for games). Why would people use Ronin? Because it's cheap. It's the cheapest blockchain out there.

Also, Land gameplay isn't out yet which is the most anticipated game of all the investors. Once all of these are out, AXS and SLP will surely moon. RON/AXS can even compete with the top 20 if that happens.

Para sakin lng ahh. Eto ang pinaka walang kwentang adoption ang nakita ko sa kanila. Alam na nga nilang sobrang taas ng fee ng Ethereum, ETH network parin ginamit nila sa SLP/AXS. Okay sana kung Ronin yung ginamit nilang network.

Like isipin natin mabuti, sinong pinoy gagamit ng SLP/AXS sa Ethereum network? sa transfer nga ng Ronin to Binance to Coins.ph, ang dami ng natataasan, Ethereum network pa kaya. I really doubt na may gagamit nito. Swerte pa nga nila kung may 10 silang mag transfer from Ronin to meta to coins.ph HAHAHHA

Buti nlng talaga hindi ka nagpa FOMO dito. Sobrang lagapak ung presyo ng token nila tapos yung mga Pega nila na umabot ng $3000 3 weeks ago, ngayon nasa $300 nlng. Kung titignan mo mas mahal pa nga ung Decent team ng Axie kesa sa Pegaxy ngayon.

Na hype lng naman to dahil sa burning mech kaya ang daming scholars at investors ang pumasok. Ngayon ang nangyari nung hype, nag si exit mga whales at lumipat sa ibang laro. Naiwan ung mga tao na gatas lng ng gatas hanggang bumagsak na ung economy nila.

Wala naman silang pinang hahawakan kundi puro burning mech lng, pati nga next updates nila puro burning mech lng. May gameplay nmn pero naiimagine ko hindi to masyado ma kaka attract ng mga actual gamers kasi mapapansin mo plng sa genre ng game (which is racing game, hindi siya ganon ka patok sa mga casual gamers) at graphics, hindi siya pang masa.

Burning mechs pang attract nila ng new investors pero kung iisipin mo mabuti, parang naging pyramid scheme lng din tong Pegaxy, umaasa sa mga new investors para mabuhay yung game nila. Basically, just another NFT game na mamamatay after ng ilang months.

Parang 2017 lang din yung nangyayari ngayon. After nung halving nung 2017, biglang bulusong ung Bitcoin pababa na halos ilang years ulit bago umangat. Satingin ko mangyayari ulit un since tapos na ang halving.

Kung titignan nyo ung history ng galaw ng presyo, halos after ng halving talaga bumubulusok ung presyo ng Bitcoin then halving ulit taas which is sa 2024 pa. Medyo matagal tagal pa ulit bago mag bull run.

That's awful. We've just begun the Bitcoin winter (according to past cycles) and we are already bleeding so much. Almost all of the top 100 coins are down 20% just today. From the looks of it, it's going to be rough. I don't even know if it's good to invest right now.