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1661  Alternate cryptocurrencies / Altcoin Discussion / Re: Falling of Ethereum on: March 16, 2021, 09:49:34 PM
Ethereum dropped with around 3%. Cryptocurrency fall to $1778. Against bitcoin. Ethereum continue dropping
It should be borne in mind that now is perhaps the most difficult time for ethereum due to the high level of gas for servicing the transaction. Many projects are leaving the ethereum platform and therefore the demand for this coin is temporarily falling. Indeed, compared to Bitcoin, ethereum began to rise in price much more slowly.
The ethereum team, together with Buterin, are taking measures to rectify the situation and it should improve from July. After that, especially if other successes are noticeable within the framework of Ethereum 2.0 improvements, the price of this coin should not only catch up, but also reach new price peaks. This should be especially noticeable already this fall.
1662  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: March 16, 2021, 08:33:57 PM
Of course, the size of this pandemic and its consequences are dire. However, measures to combat the coronavirus pandemic are no less destructive. Now the third wave of this virus is approaching and its more formidable new strains have appeared. When it will end is still unknown. From prolonged isolation and often job loss, people are increasingly beginning to protest tough quarantine measures. However, every cloud has a silver lining. From the forced idleness, people became more and more interested in cryptocurrency. Most likely, in this regard, the cryptocurrency is now growing well in price.
1663  Economy / Economics / Re: No Joke - Elon is now "Technoking" & CFO is "Master of Coin" on: March 16, 2021, 07:37:49 PM
 I did not think that Elon Musk, with his tweets on social networks, violates the instructions of cryptocurrency regulators, in particular the SEC. However, the investor who filed a lawsuit against Elon Musk for his indiscriminate statements, on 150 pages of his lawsuit in court, writes that Musk nevertheless violated the SEC's orders. Let's hope this lawsuit doesn't hurt Musk. Still, Musk raised people's interest in cryptocurrency, and the price of it, quite well. Elon Musk with humor and knows how to joke, let him have fun while.
1664  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If bitcoin surpasses the $60K level then it will hit higher than $100K on: March 15, 2021, 06:42:48 PM
Bitcoin price is now so much volatile. Bitcoin is one of the great and most potential coin in this present time. Bitcoin price is now $57k. I think $60k will cross soon. In my thinking and prediction is that Bitcoin price will hit $100k in the last of this year.
Bitcoin price has already crossed $ 60,000, so we will expect it to rise to $ 100,000. It may or may not be. So far, we see that today the price of bitcoin has dropped from more than $ 60,000 to the current less than $ 56,000. However, for him, such high price volatility is within the normal range. Tomorrow it may rise more than $ 60,000 again.
So far, the general price trend is not bad, but in our world, the attitude of governments towards bitcoin and cryptocurrency is generally quite contradictory, and therefore the situation may still change.
1665  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it right time to Buy Alt coins now? on: March 15, 2021, 03:29:21 PM


The BTC has made history today  and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.
That might have been a good solution. Since December, many tokens have increased in value several times. If they invested in promising altcoins, then it could bring a good profit, even more than Bitcoin did, the price of which has tripled during this time.
However, I think the altcoin season is still ahead of us. This will largely depend on the price movement of bitcoin. If it stops in price growth for a long time, then investments can then flow into altcoins.
1666  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Managers Wearing Bitcoin Signature, Funny Irony on: March 15, 2021, 03:08:16 PM
I have also thought like this in the past, where a manager is following the Bitcoin campaign and at the same time he is promoting the Altcoin campaign, this is obviously funny and I myself have also thought that the campaign he manages will not be maximally successful, even though it is. makes me quip at this point, because what you say is absolutely true, because Bitcoin is king, so the campaign with Bitcoin payments is still the best than Altcoins.
I do not see anything bad or unusual in this. If payment for a subscription campaign is made in bitcoins, such a campaign usually lasts a very long time, sometimes for years, and there is a strictly limited number of participants. If you reset this signature, then you probably won't go back there.
I have also seen a similar situation several times. However, if the bounty campaign manager carries a fresh signature of a company that is paid with tokens, then this is really suspicious.
1667  Alternate cryptocurrencies / Altcoin Discussion / Re: will Binance be the next Ethereum? on: March 15, 2021, 06:07:50 AM
I would say that binance coin bnb and binance smart chain can compete with ethereum in terms of price but they cannot take over in terms of technology. Ethereum is pure decentralized chain and its hard for anyone including bsc to compete it.
Ok, I get it.
It really depends on where we rate and the users who are rating it and over time Ethereum may be a tech issue that is superior.
However over time the BSC became superior in terms of lower costs than eth even higher which was considered a positive for users as an alternative.
Now, when the ethereum network cannot cope with the load that has arisen and because of this, transaction costs have increased, many are leaving for other platforms, and this is quite logical. However, it is too early to speculate about who will become the new ethereum. We need to wait and see the update results for this coin. Already in July, we are promised a solution to this problem with a high level of gas and ethereum will again deservedly take its former place as the leader of altcoins.
1668  Bitcoin / Bitcoin Discussion / Re: Why do people care who Satoshi is/was? on: March 15, 2021, 05:47:21 AM
I think Satoshi knew that Bitcoin had the potential to disempower some of the most powerful organizations on the planet so chose to remain anonymous. We should respect that
This topic will always be periodically raised, since new people will come to the cryptocurrency for a long time to come, who will always be interested to know how bitcoin appeared and who created it. Satoshi Nakamoto did the right thing to want to remain anonymous. Thus, no one can monopolize the right to bitcoin and it will forever remain a creation of the people.
However, the mystery is always interesting. Therefore, we will hear many more various assumptions about the personality of Satoshi Nakamoto.
1669  Economy / Economics / Re: Is it possible to live without banks? on: March 12, 2021, 06:46:42 PM
its imposible if we live without banks, banks are very helpful for the community's economy. starting from saving, deposit to borrowing. everyone would need a loan of money, and only banks are the solution. so it's unlikely that we live without a bank.
Nothing is impossible. We can perfectly do without the benefits of modern civilization and there are still many places on our planet where the population continues to live a primitive social and economic life, another question is whether it is advisable. Many centuries of human experience have led us to the current working model of the economy and we need to be very careful about experiments in this area, because it is easy to break, but it is difficult to build.
Yes, it is necessary to take into account that if we use paper money, then we use the services of a bank, since paper money is issued by the central bank of the state. And people are unlikely to give up cash in the foreseeable future. And there is no need to do this. People will enjoy the convenience and benefits of different means of payment, and many of them will be oblivious to whether they are centralized or decentralized.
Some may try not to use the services of banks and not use their paper money. However, why deliberately go for such restrictions? It seems to me that this should not be done.
1670  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Zcash an underestimated cryptocurrency? on: March 12, 2021, 06:03:57 PM
Zcash was the innovator of a new privacy technique dubbed "Zero-Knowledge Proofs". It has all of the goodness of the original Bitcoin (21 million coin supply, PoW, etc.) but with added privacy. This solves the "fungibility" problem of Bitcoin. If we take into account Zcash's limited supply and built-in privacy features, then the cryptocurrency should be worth a ton of money by now. Yet, that's not the case as ZEC remains in the "triple digits". Am I missing something here? How come Bitcoin spinoffs like Bitcoin Cash and Bitcoin SV are fairing better than Zcash when they have no privacy at all? (Bitcoin Cash adopted CashFusion lately but relies on the CoinJoin which is inferior to ZK-SNARKS in my own opinion)

What are your thoughts about Zcash? Do you think it is an underestimated cryptocurrency? Does it have a chance against other privacy-related cryptocurrencies on the market? Will it go higher in price or stale? Your input will be greatly appreciated. Thanks in advance. Smiley
ZCash is generally a good coin with high functionality and a few months ago, like Bitcoin, it had its own halving. Since then, the price of this coin has practically doubled and is now around $ 151. The high level of anonymity of this coin leaves an imprint on its demand and existence. It would have grown significantly in price, but some states have already begun to restrict and even prohibit its circulation on their territory. An example of this is set by the Japanese government, which is generally considered to be crypto-friendly. Therefore, many, apparently, are not sure that states will allow it to develop.
1671  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you expect the Altcoin rally? on: March 12, 2021, 05:41:43 PM
I really look forward to an Altcoin rally but don't know exactly when it will. especially with a small amount of capital, it is very difficult to invest in Bitcoin because the price of BTC has been pumping up massively, therefore the most likely thing with small capital is to invest in altcoins. and I am sure that an altcoin rally will be imminent even if the movement only occurs in a few altcoins.
Most likely, the altcoin season will come closer to May-June, when bitcoin is already "tired" of its price growth. However, even now, many altcoins show growth in percentage terms even much higher than bitcoin. Ethereum is currently slowing down in price growth, apparently due to the problem of high transaction costs. Further in the summer, especially in the second half, there will be a traditional calm. However, the peak of growth of the cryptocurrency market should be from the second half of autumn to the end of the year. Then also should show itself after partial update and ethereum.
True, the adjustments may be dependent on specific positive or negative factors and news. As always, they can greatly influence the movement of the cryptocurrency market.
1672  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people follow Elon Musk? on: March 11, 2021, 11:39:41 AM
Elon Musk is often mentioned by the media in connection with the successes of his SpaceX company in space exploration, and in particular, his ambitious program to colonize the planet Mars, as well as Tesla Motors for the production of electric cars. Thanks to his successful business, he became the richest man on our planet. Therefore, it is not surprising that he is popular and many people listen to his opinion.
1673  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ETH overpriced? on: March 11, 2021, 11:27:17 AM
Ethereum's current price is not overpriced. On the contrary, it is still too underestimated. Ethereum used to be about a tenth of the price of bitcoin. Now the price of bitcoin is about $ 55,000. At this price, ethereum should have a price of about $ 5,500, but its price is $ 1,746.
During the implementation of Ethereum 2.0 improvements, this coin should be completely updated and, including, become deflationary. After that, its price should rise significantly even in comparison with the above calculation. We expect the price of ethereum at the level of one hundred thousand dollars.
1674  Alternate cryptocurrencies / Altcoin Discussion / Re: Here's Why Ethereum Could Beat Bitcoin As Best Asset Of 2021 on: March 11, 2021, 10:59:16 AM
Ethereum is one of the greatest project of this whole market. And day by day it's demand is going high. Ethereum has a very big user base plus the community behind ethereum bis too strong. They also have biggest 3rd party devloper base. Do I think in future it will grow more. But it's very hard for ethereum to cross marketcap of bitcoin. May it overtake bitcoin in profit margin but not in marketvap or in popularity. But still ethereum is my one of the favourite project and I am very bullish on ethereum.
Now the price of ethereum is growing very slowly because there is a big problem on the ethereum network due to the high cost per transaction. Many market participants are unhappy with this, because with small transaction sizes, sometimes you have to pay more than the price of the transferred tokens.
The situation may happen in July, the gas level may become minimal during the implementation of the planned improvements within the framework of Ethereum 2.0. If everything goes well, then the ethereum price should rise very quickly after that. However, in the near future, this coin will not be able to compare with Bitcoin.
1675  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Email address exposure in spreadsheet on: March 10, 2021, 06:09:41 PM
correct. The bounty manager should have hidden the participant's email in the spreadsheet who joined the prize campaign because it interferes with participants who receive an incoming email with various airdrop offers, affiliations, and so on, not only that, even with the email in the spreadsheet it makes it easier for others to hack on participant email especially if the email contains personal data.
Of course, hiding the email address in the table is necessary because hackers are very interested in our email. Personally, I've already had my email address hacked twice. We are all targeted by hackers because of our cryptocurrency business. In e-mail, many store passwords to forum accounts, wallets, platforms, exchanges, secret keys from wallets, and more. Therefore, I no longer store all this on my device.
Recently, the tables no longer indicate the email address, it is often not even required by the ICO teams themselves.
1676  Economy / Economics / Re: Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23 on: March 10, 2021, 05:51:49 PM
It looks like the situation in Venezuela continues to deteriorate. Yesterday I heard information on the news channels that a bill of one million bolivars is already being printed in Venezuela. Thus, inflation in this country continues to rise sharply.
As long as the power crisis continues in Venezuela, the economic situation will only get worse. President Maduro needs to step down and call democratic elections. However, everything is not so simple. Russia alone has invested tens of billions of dollars in the Maduro regime.

BS. First of all, Russia doesn't have that sort of money to invest in Venezuela (tens of billions of $$$  Grin). And secondly, if they had invested that much, then the situation would have been far better. The truth is that the Venezuelan society is deeply divided in to two camps. One camp supports Maduro and the socialists and they have managed to defeat the other camp led by Juan Guaidó, who is supported by the United States. It is up to the Venezuelans to elect their leaders, and we can't do anything about it.
Russia sent its specialists to President Maduro, who helped create their Petro cryptocurrency in Venezuela, which is allegedly supported by Venezuelan oil. Russia has also invested about $ 10 billion in Venezuela's oil business, so it has become very interested in preserving the Maduro regime. When popular protests arose in this country, Putin sent his mercenaries to ensure the safety of Maduro.
Including with the help of Russia, the Maduro regime has so far survived. Meanwhile, banknotes of 200,000, 500,000 and 1,000,000 bolivars are being printed there.
1677  Economy / Economics / Re: Central banks around the world want to get into digital currencies on: March 10, 2021, 05:39:21 PM
Banks should have knowledge on how to use and how the crypto works and to be able to do that there is a need for bank adoption for crypto or simply a way for them to acknowledge that crypto is much useful nowadays and many prefers to use it in having transaction. There are plenty of questions whenever you will do cashout in banks about the money you have from crypto trading which sometimes irritating when they do checking too much since they don’t know how crypto trading works.
This is not to say that banks now do not know how cryptocurrency works. They just don't need her. The banking system works on completely different principles.
Their digitized central bank currencies, that is, national stablecoins, will differ from their non-cash currencies only in that they will operate on the basis of blockchain technology. In all other respects, it will be the same currency of states. Of course, such a digitized currency will be favorably distinguished by its improved capabilities and therefore there is no doubt that in the near future almost all states will have their own digitized central bank currencies.
1678  Economy / Economics / Re: Why not "COVID" vaccine passports on a blockchain ID on: March 10, 2021, 03:43:06 PM
it would be a safe, secured, difficult to tamper and widely available method of travelling and proving that an individual has had a vaccine. No borders, no language, no need to carry papers around. just you bio linked a a recognised signature and you are good to fly. Perhaps this looks too futuristic, but the technology is already there and could be a great testing ground.
Yes, I completely agree with you. It is quite possible to make a unified record of vaccination passports at least at the level of each state with open access based on the blockchain and it would be economically profitable. If the coronavirus does not recede for a long time, then, perhaps, as a result, governments will think of it. In a paper version, it is very expensive, and they will certainly be forged. Ordinary closed databases of such databases can be compromised. Such a blockchain-based framework is the perfect solution.
1679  Bitcoin / Legal / Re: Who is behind KYC info? Why we don't ask them for KYP? on: March 09, 2021, 08:38:08 PM
We know that centralization is a big problem for society these days, because of its many issues like bureaucracy, inefficiency, corruption, manipulation, data privacy, steal and sale of private information, etc!

KYC is another issue because nobody knows where their info will be ended and who will see it or use it.

The problem with KYC is who is asking for it and what use they will give. There should be a KYP (Know your provider) so far we don't have such a thing! and nobody is thinking about it!

The first step before doing our KYC, we the users should apply KYP and make sure we know who is holding our personal info, the people behind centralized companies need to have their full names and id publicly, they need to be accountable, and transparent. after that, we should proceed to do KYC.

Clever ideas?

According to the FATF recommendation of June 2019, which is mandatory for more than 200 member states, KYC should be carried out only for the purpose of preventing money laundering and combating the financing of terrorism, and at the same time for transactions that exceed one thousand euros. For other purposes, KYC should not be required. Based on this general recommendation, the states should have passed the appropriate national laws within one year, which should specify who and to what extent can use the KYC check and under what conditions it should be stored.
This casts doubt on the legality of the KYC requirement by the teams of new ICO projects. Apparently, for this reason, we do not see the requirements for passing KYC when participating in bounty companies.
1680  Alternate cryptocurrencies / Altcoin Discussion / Re: Government Creates Own Blockchain & Cryptocurrency on: March 09, 2021, 06:24:12 PM
CBDC already has plans for government crypto but more like stablecoin. They will make it available for all but its price is stable, they are not meant for investment just like your fiat money today. The only difference is it's digital. But its also going to make crypto easy to acquire for a regular user I suppose since they are all digital and most likely could help the prices of BTC to go up.
The digitized currencies of the central banks of states will be ordinary stablecoins, that is, the same national currency of states, only in digital form and on blockchain technology. And stablecoins are not meant to be profitable. They work more as a means of payment and accumulation of value, like ordinary money of states.
Therefore, they will compete with cryptocurrency and, in particular, with bitcoin only as a means of payment.
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