Latest posts of: Argoo

Quote from: Abiky on July 30, 2021, 03:41:42 PM

Ever since Ethereum was created in 2015, the whole crypto/Blockchain space improved in many ways that were never imagined. The ICO trend of 2017, and the current "De-Fi"/NFTs hype are all attributed to Ethereum's ever-rising popularity in the mainstream world. If it wasn't because of Ethereum, we wouldn't had a plethora of smart contract platforms to choose from. The crypto/Blockchain space would've been focused solely on finance, instead of serving as a hub for decentralized applications.

It's been 6 years since ETH came into inception, and now the smart contract platform is the second-largest blockchain network in the world. Some people compare ETH to BTC because of its focus on decentralization unlike any other cryptocurrency on the market today. As of this date, Ethereum has a large number of miners and nodes keeping the blockchain alive and healthy. If ETH continues to grow, it could live alongside Bitcoin for many years. But we all know that nothing lasts forever.

What's your opinion on this? Will Ethereum last forever? Or will it eventually die? Do you think it'll retain its place as the second-largest cryptocurrency by market cap for long? If not, why? Do competitors stand a chance against ETH? Your input will be greatly appreciated. Thank you.

It is hardly possible to say now that any cryptocurrency is eternal. Nobody knows what will happen to cryptocurrency in ten or twenty years. Now we can say which types of cryptocurrencies are promising for growth and development. Of course, first of all, it is ethereum, which has the most developed platform and network of smart contracts. After the completion of the current update, its popularity and demand will increase several times. It is predicted that according to some characteristics, ethereum may well surpass Bitcoin.

Quote from: HaekalZ on April 27, 2021, 02:46:37 AM

Altcoin to look out for 2021 :
1. DOGE
2. ARPA
3. VANCAT
4. ADA

those are the top 4 altcoins to lookout for 2021, their development are doing very very well.
i think those 4 coin are gonna explode soon, their price can go up 10-20% everyday if there isn't short correction.
Let's wait for now.

It is strange to see meme coins like Doge here and at the same time the lack of such a coin as ethereum, the network of which continues to update. I think the Ethereum coin is the most attractive to invest in this year so far. Moreover, due to various problems, Binance is losing its importance, which means that its internal coin BSC will lose popularity, which has recently begun to compete with ethereum, being at the same time, in fact, its copy.

There are already 11,115 types of cryptocurrencies on the cryptocurrency market. Their number continues to increase every day. I regard this as a positive moment, which contributes to the very rapid development of this market. Whole new directions are emerging, such as DeFi and NFT, which we did not even know about, and this adds popularity and new opportunities to the cryptocurrency.
So far, everything is going well and even problems with the emergence of many useless and fraudulent cryptocurrencies cannot negate the previously achieved results.

Quote from: iTradeChips on July 26, 2021, 11:34:16 PM

Quote from: Expecto on July 22, 2021, 10:47:29 PM

Having this many coins in the market will definitely continue to hinder the market developing much more than this. Because there are so many shitcoins in the market. And at some point, we'll need to get rid of them to have a better cryptocurrency market. Some people say that 90% of the coins will be dead. And there will be only the strong ones left.

If you are going to think how these coins will be eliminated? Well it is the market that will dictate the course of these coins. If people are not interested and the coins is not interesting enough to merit their time and attention then that would be sufficient enough for the coin to stop circulating. It is always the responsibility of the investors to research and check which coins really merit their attention and give their full support. Once the coin sees there is no one who is interested on it then it will simply wither.

We should not forget that the cryptocurrency market is a decentralized market and only its ordinary laws can work, naturally removing everything unnecessary and unclaimed from it. According to CoinMarketCap, there are already 11,115 types of cryptocurrencies and their number continues to grow. Thanks to the open source code of existing coins, everyone can create their own cryptocurrency, make changes to them at their discretion. This ensures the rapid development of the cryptocurrency market and this is certainly very good. Everything else, including the creation of useless and fraudulent cryptocurrencies, is already incidental costs that will be eliminated by a natural process. Therefore, it is not worth interfering with this natural process by centralized and imperious decisions.

Investments in a decentralized cryptocurrency, including bitcoin, cannot provide anyone with any guarantees of the reliability of our investments. So far, all participants in this market invest in cryptocurrency at their own peril and risk. Maybe in the future, something will change, including with the mechanism of such guarantees, when the cryptocurrency will be fully legalized by the states, but now we make decisions in cryptocurrency on our own and we independently bear responsibility for them.

Quote from: taufik123 on July 21, 2021, 03:24:03 PM

Quote from: toast on July 17, 2021, 03:16:23 PM

As you have mentioned it, I realized that China is an innovative country that wants to be among the leaders globally, and it makes sense now that they are abandoning Bitcoin because they would want to create something of their own. Well then maybe we should watch out for what is next and what will come out of this decision by the Chinese government.

but I think when China has decided to leave Bitcoin and start developing its own innovations without the influence of bitcoin, China will not have much influence anymore.
Unless China re-legalizes bitcoin. The decision of the Chinese government is now past its peak, all bitcoin miners have moved from China and are scattered in various countries that still support bitcoin.

So far, the Chinese government does not intend to return to the use of a decentralized cryptocurrency, and this is evidenced by the current developments in this country. They are now preparing to officially launch their digitized yuan and the current attack on cryptocurrencies and stablecoins of private and commercial structures is being carried out to eliminate possible competitors in the circulation of their digitized yuan. Therefore, I do not think that Bitcoin miners will still have the opportunity to return to China. The path for their return has already been completely closed.

Quote from: Blowon on July 05, 2021, 11:05:01 AM

I don't think bitcoin is a privacy coin, it suggests that bitcoin should be more transparent than anonymos, with the blockchain everyone can see the details of transactions, even some markets have their own name tags, what do you think about their anonymity?

It is generally accepted that bitcoin is only relatively anonymous, since under certain circumstances and with the capabilities of law enforcement agencies, the identity of the bitcoin holder can be traced. This has been proven more than once in practice. Those who need complete anonymity usually use coins such as Monero, ZCash, Dash and others. Therefore, for illegal purposes, bitcoin is used only in a few percent of cases, up to one dozen.

Quote from: ChaoChibai on July 27, 2021, 02:18:03 AM

It is such a really good news for everyone that bitcoin reach $38,000 yesterday. I really optimist that the price will go up by now. It will be possible that the movement of bitcoin price will touch its ATH $63,000 or even more than that. Also the price of altcoins such as ethereum has increased, I think bull run can happen.

I don't think that right now the cryptocurrency market will start to grow in price terms. Yesterday's good growth was one of the price spikes and nothing more. It's just not the time for significant growth yet. Such growth never began in the second half of the summer. Usually, growth begins in the fall and then, not from September but October. For price increases during these months, the necessary support is usually lacking. Bitcoin can now gradually accumulate its resources, and also gradually restore its positions. However, good and long-term growth is only possible in the fall.

Quote from: ziennakarishma21 on July 23, 2021, 04:24:32 PM

It seems that these are the rules of winners and losers, why do they become rich because experienced investors always have the right investment direction and a cool head, indifferent to before. In the ups and downs of the market they don't panic and when the price gets lower they buy again.

For small holders of bitcoins and other cryptocurrencies, it is not only fear that has a negative impact on the decision to sell. Small holders of cryptocurrency are more susceptible to the need to sell their cryptocurrency at the most inopportune time when their price falls and due to various family circumstances based on the lack of free money. Large holders do not have such problems. Therefore, in this case, they are entirely guided only by common sense, and not by necessity.

Quote from: Wind_FURY on May 24, 2021, 12:31:25 PM

We exited the bear market earlier than everyone expected.

The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market. Cool

For today, bitcoin has grown in price by more than four thousand dollars, and with it all other cryptocurrencies immediately turned green. Moreover, both bitcoin and many top cryptocurrencies have increased in price by more than 20 percent over the past week. However, even with such a large increase, it is still difficult to say whether we got out of that bear market or a long period of correction after the general decline in the cryptocurrency market in May. Great things are seen at a distance. Therefore, we need to observe the market for some time and only then draw our conclusions on this issue.

Quote from: adzino on July 17, 2021, 03:09:38 PM

Quote from: ROSERTY on July 17, 2021, 03:41:13 AM

-snip-
Recently, the popularity of multiple cryptocurrency markets has continued to increase, and many traditional investment users have also begun to pay attention to the cryptocurrency market. How long can this trend last? Will it always exist?

If you look back, you will notice that the popularity of bitcoin increases with the price. As soon as the value of cryptocurrencies starts to reach a new all time high, we attract more people. People become curious about cryptocurrencies since they start reading about ti everywhere. And yes, this trend will last for a very long time. Crypto currencies are here to stay for now, but we don't know if it will exist forever or not.

It is rightly noted here: the popularity of cryptocurrencies, and above all bitcoins, is growing simultaneously with their price. As soon as the top cryptocurrency grows in price, information about this spreads quickly, people are interested in their possible profit and they start buying the cryptocurrency that is already growing in price, often almost at the peak of its price. This is not entirely good, as many people then lose their investments.
Overall, however, cryptocurrency will grow in popularity as everyone has an equal opportunity to join and make money in this market, especially with temporary job losses and free time.

Quote from: Tumanggor on July 26, 2021, 03:16:00 PM

Quote from: Magicalking on July 03, 2021, 02:48:08 PM

Bitcoin is still the most recommended but you can still choose other crypto coins, that's your right
I've also noticed that some altcoins have good potential, which is enough to keep up with Bitcoin's performance

examples are ethereum and binance. you notice that these two altcoins have great potential
but if you have other altcoins that you monitor can give you more profit than you invest in Bitcoin then take that risk to buy that altcoin

Of course, investing in other cryptocurrencies besides Bitcoin is worth it. Altcoins are distinguished by their great functional variety and have already brought a lot of useful things to the people on this market. Bitcoin is a versatile coin and is not capable of such useful variety. In addition, you cannot store everything in one basket, this is the basic wisdom of all markets. As long as bitcoin as a whole is growing in value, it is popular. If its growth stops, then its superpopularity will immediately disappear. All this needs to be taken into account, and not only this.
There are now quite a few promising altcoins to invest in. The choice is up to each of us.

Quote from: Issa56 on July 26, 2021, 06:47:10 AM

Seriously I believe bitcoin bull run is currently back and we should be expecting more pump. I was surprised when I saw bitcoin at $38k overnight and I believe very soon bitcoin will definitely cross $40k and I believe bitcoin bear is already over so we should be expecting more bull run currently and I believe this will definitely pump other altcoins.

In my opinion, it's too early to rejoice. Yes, the price of bitcoin rose by about four thousand dollars overnight and continued to rise in the morning. However, now prices have again rolled back to the level of morning positions and now the price of bitcoin is $ 38,177. It looks like it was a good price spike and partly after that bitcoin will maintain its price position. However, I do not think that we are now at the beginning of a new wave of price growth. The end of July is not the right time for this. Usually, we see the growth of the cryptocurrency market already with the onset of autumn. There are, of course, exceptions.

Quote from: cryptocrusher on December 10, 2017, 11:34:30 PM

I don't fully understand the logic behind there being more volatility at higher prices, in terms of dollar swings then sure but in terms of percentage swings I don't see how the higher price could lead to that? In fact I probably see more of the opposite, higher prices generally will mean more adoption, more adoption means money better spread means less possibilities for manipulation.

Of course, despite the fact that many deny this obvious truth, it is already becoming a reality. When Bitcoin climbed to $ 20,000 in December 2017, it dropped to $ 6,000 the following year. This year, it has risen to $ 64,000 and dropped to $ 30,000. If you do not take into account the percentage, but only the real numbers, then in the first case, bitcoin fell by $ 12,000, in the second by $ 34,000. The difference is explained only by the fact that in the second case, the price of bitcoin has risen much higher. If bitcoin continues to grow in price, then it is obvious that its price drop will no longer be tens, but hundreds of thousands of dollars.

Quote from: Koro-Sensei on June 26, 2021, 09:01:58 AM

The main goal of cryptocurrency like BITCOIN is to escape from centralisation of institutions like this. Instead of having this middle brokers, cryptocurrency decentralised this transactions and not needing ledgers managed by banks rather crypto uses computers to verify this ledgers.

So why these banks doesn't work with crypto? Simply because banks aren't needed anymore. Cryptocurrency is killing them and you cant work with what's killing you.

Cryptocurrency was created in opposition to the circulation of fiat money of states, and fiat is a product of the central banks of each state. Therefore, in general, cryptocurrency and banks will always compete with each other. This, of course, does not mean that there will be no points of contact between them. As a result, banks and cryptocurrencies will be forced to coexist with each other.

Quote from: buwaytress on July 25, 2021, 09:11:59 AM

I do recall a discussion perhaps a couple of montha ago about the reason why draft laws or suggestions haven't even got to the stage of proposal forwarding for voting, and it's because it'd be a convenient way for politicians there to just suddenly declare their wealth by saying they've been early adopters and buying Bitcoin since whenever. Tax-free so no questions asked?

See this one: Ukrainian civil servants (read as politicians) own $2.6 billion in Bitcoin.

Ukrainian officials have always favored cryptocurrency, therefore, the legislative body of this state has introduced several good bills on the legalization of cryptocurrency, and some even provide for the absence of taxation when making a profit in cryptocurrency. Cryptocurrency is also quite popular among the population of Ukraine, therefore, the above statements of the Deputy Minister of Digital Information about cryptocurrency are not something new. While it is safe to say that the cryptocurrency in this country will be legalized, it will be free to move and develop.

Quote from: bittraffic on July 22, 2021, 10:51:05 AM

They can not do it when terrorists are buying AK47 using cash but now they are going to because blockchain is traceable, but the kind of authority they will acquire is something we can't trust. But they will try, it's interesting to see how they will do this. Limiting transactions below 10,000 euros ($11,800) i guess are not required.

Do they mean that wallets like Bitcoin Core or Electrum?

Terrorists, if they want to buy weapons from someone using cryptocurrency, will do so without hindrance, since the transfer of funds between two cryptocurrency wallets cannot be controlled. In the banking system, to control banks, there are cash and settlement centers. That is, if a transaction is made between two banks, the payment all the same first goes to the cash settlement center, is fixed there, and then after a short time goes further to the bank of the payment destination. Will states be able to change the blockchain enough to make such control? If so, then cryptocurrency will not differ much from regular fiat money.
In addition, according to the FATF decision of June 21, 2019, transactions in the amount of less than 1,000 euros, and not 10,000 euros, are not subject to identification.

Quote from: laohe628 on June 03, 2021, 05:48:56 AM

Obviously Elon Musk wants to profit from Dogecoin, no doubt about it.I guess he bought Dogecoin, and he bought a lot of it, which is why he was happy to do the publicity for Dogecoin.
After the end of the bull market, his holdings of Dogecoin should also be all have selled, he will not tweet any of the Doge thing again.

Elon Musk is one of the richest people on this planet. He sometimes earns several billion dollars a day. However, will he still strive to earn a few dollars on Dogecoin? He just flatters his pride with this, or maybe he is experimenting with this market. In any case, in this way he increases his popularity.

Quote from: BK777 on July 06, 2021, 07:00:56 PM

The whole team is scammers, freezing investors coins every couple years. I lost hundred of thousands in my cold wallet and many others also. There is many better tokens in crypto for better safer long term investment where you will always have your tokens.

Be careful!!

Yes, apparently these tokens will remain useless in my wallet. Only a cryptocurrency that has good liquidity and which we can dispose of at any time is of value. What is given for free may not be of significant value. An exception to this is an example that I periodically recall: it was the Binance exchange that gave 500 BNB at first to everyone who registered on this exchange and made at least one transaction. However, apparently, they themselves had no idea how much the price of their internal token would rise.

In the cryptocurrency market, we use stablecoins mainly as a tool for the convenience of working with cryptocurrency. However, they cannot replace the cryptocurrency itself, since stablecoins cannot bring us profit, as we do with cryptocurrencies. Therefore, cryptocurrency and stablecoins are completely different financial assets that practically do not compete with each other.