Latest posts of: Argoo

Quote from: youdacapt on February 26, 2021, 12:21:38 PM

Quote from: Coolcryptovator on February 26, 2021, 11:14:25 AM

Do you have any thoughts on how should trade with alts in this situation?

The best way to trade with alts this season is to buy low or the bottom and sell when you are in profit, but before doing so; you need to dyor and figure out a strategy for each altcoin with which you want to trade; you then figure out your price entry, when to take profit; and when to exit trades, you must also use stop loss, because the altcoin market is a volatile space

Yes, although the general trend has still persisted and altcoins generally follow the price movement of bitcoin, however, general trends alone are clearly not enough now to make a good profit. Many altcoins now behave in isolation in terms of price, and therefore it is necessary to study the cryptocurrency and its project well. The cryptocurrency market is getting more mature and I love it.

Quote from: isaac_clarke22 on March 08, 2021, 07:59:49 AM

Quote from: NatureMoves on March 08, 2021, 12:43:55 AM

Save that question after Ethereum at least reached 50-70k.
I wonder where did you get that info that ETH will reach 100k in 2030?
Even Bitcoin right now is still trying to breach past 60k when it got price correction lately.
Many asked the same for Bitcoin like if it will reach 100k back in 2017 when it was still around 20k.
Right now we're going closer to ask that question to Bitcoin.

However, if there is a forecast that bitcoin could rise to a price of one million dollars, then why can't ethereum rise to one hundred thousand dollars? Let's hope that both of these predictions will come true. This will largely depend on how successful the current update of this coin is. Ethereum for practical use, first of all, it is necessary to solve the issue of scalability and transaction fees.

Quote from: nemey on December 12, 2020, 12:08:27 PM

In fact, this is good news, if indeed the central bank will make crypto currency then this crypto will develop even more well. I think fiat currencies will still exist and will still exist even though central banks make crypto. Because there are still a lot of traditional people who don't understand and know crypto so fiat is still very much needed and will continue to be needed.

The central banks of the states will not issue cryptocurrency in the meaning as we know about it. These will be their usual currencies, only in digital form and powered by blockchain technology. However, their essence will remain the same. These will be the same centralized currencies of states, but with improved capabilities thanks to blockchain technology.

Quote from: bryant.coleman on December 07, 2020, 04:54:20 AM

Quote from: Abiky on December 03, 2020, 05:20:17 PM

Nonetheless, the ever-declining Venezuelan economy may be good news for foreigners. Outsiders might become rich in Venezuela with US Dollars or any other valuable currency like the Euro or Sterling Pound. As far as average citizens are concerned, I believe they'll have a hard time trying to survive in the country with a hyperinflated economy. Unless someone does something to save the nation, everything will go down the drain in a blink of an eye. Just my opinion

They have parliamentary elections scheduled for today, which the ruling party is expected to win. The opposition politicians including Juan Guaidó are boycotting the election and this means that Maduro and his allies may get an overwhelming majority. Now this also means that the US embargoes are there to stay and the Venezuelans will continue to suffer from hyperinflation.

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.

Quote from: marcosfx on January 12, 2021, 04:52:16 AM

Quote from: amrulshare on May 05, 2018, 05:18:16 AM

The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?

yes same thoughts crypto adoption is coming and what if it gonna make a lot people wealthy

No, if each individual creates their own cryptocurrency, this will not lead to an increase in wealth. It will simply be useless, without any cost or cost. Each cryptocurrency must fulfill some useful role, then it will have a demand and a price.
Only the creation of material values directly leads to the growth of wealth.

Quote from: wxxyrqa on March 07, 2021, 06:26:15 PM

In any case, it's never too late to invest in Bitcoin, even given the current price level. According to the forecasts of many analysts, bitcoin over time will be able to reach even one million dollars without any problems, but this will take about 10 years. Based on this, we can say with confidence that if a person uses investments for the long term, then even today it is quite profitable.

At the same time, those who are joining bitcoin now have already missed a lot. We do not know if the price of bitcoin will drop to $ 4,000, which he had in March last year, or even to $ 10,000, which he had for a long time after that. The current bitcoin price of about $ 50,000 already really scares many. In the future, people will no longer buy bitcoins or even parts of it, but a certain amount of satosh.

Quote from: fia_naila on February 23, 2021, 08:15:02 PM

I am not trying to spread fud here, but if ethereum developer can not fix the transaction fees, so will be only big investor can trade token and it is mean no more retail investor and it will make ethereum death, developer also will migrate to another network like ada cardano or polkadot or binance smart chain.

Ethereum is being updated comprehensively from December 1st. This takes about two years and the sequence of the update steps cannot be disrupted. The problem of high transaction costs on the ethereum network should be addressed in July. By this time, we just have to refrain from small transactions on the ethereum network, which are now really economically disadvantageous.
Of course, such an ethereum problem now annoys the participants in this market, but it is temporary and will not lead to any serious consequences.

Quote from: bitcoin31 on January 04, 2021, 03:42:11 PM

Right now XRP have issues now and I think it will going to down more XRP because of the issues it faces.
I have some XRP and I will still hold it because maybe it will fix the problem and I hope as soon as possible.
The Ripple investors will going to sell their XRP it is really cause dumping prices and other trust will lost for sure.

Nothing bad will happen to Ripple anyway. The SEC's claim does not apply to the legality of the circulation of this cryptocurrency, which means it will continue to exist anyway. Even if we look at the price of this coin, after the information about this lawsuit, as a result of panic, it fell to $ 0.28, and now its price is $ 0.46. Whether the SEC wins the lawsuit or not, ripple will rise in value after that.

Quote from: davis196 on October 16, 2020, 12:35:30 PM

Quote

- As I said, for me personally I don't really care who Satoshi is.. rather I care for what he cared about us leaving behind his idea...
Bitcoin

The rumors about Paul Le Roux being the man behind Bitcoin were discussed a few years ago.This is old news and you shouldn't waste your time posting this on the forum.
Nobody knows why Satoshi left the Bitcoin community.This will remain a mystery until the end.
If you really don't care who Satoshi is,then why are you posting such threads?

It is pointless to look for Satoshi Nakamoto. He himself took the necessary steps to remain anonymous. Therefore, what's the point in the fact that someone will periodically point to a person as Satoshi, and he will deny it. Or someone will declare without proof that he is Satoshi. The real Satoshi Nakamoto will not do this without strong evidence. If he appears, we will immediately determine that it is him by his actions. However, it is unlikely that it will ever happen.

In my opinion, there are advertisements in newspapers for sale and purchase in any country and this activity is not considered tax evasion, since goods of significant value still need to be certified by a notary or otherwise registered, in which tax is withdrawn. For small household transactions, tax is not charged.
As for barter transactions, they are really not welcomed by the government, since money does not participate in this and in this case it does not stimulate the development of the country's economy.
However, all this has practically nothing to do with bitcoin and other cryptocurrencies, except that in either case, the state seeks to control all processes.

Quote from: tabas on January 29, 2021, 11:03:34 PM

Worst than the bankers? how it could be worse than the bankers?

Quote from: OpenCryptoSystem on January 29, 2021, 10:27:28 PM

Irs been few days traders losing money coused of the irganised issues from big plYers.

You can make money from those pumps but if you can't get along with them and you're likely to lose money, don't trade. That's the rule that you must remember. If trading isn't for you, don't trade.

Any market, including cryptocurrency, is still a market, and the market has its own strict laws. If someone hoped that large cryptocurrency holders would help small ones in this market, then, of course, he will be disappointed. Everyone comes to any market to make money and the cryptocurrency market is no exception.

Quote from: BlackHatCoiner on January 28, 2021, 11:40:29 AM

This month that bitcoin has risen abruptly compared to the previous months, a lot of people have created new topics asking for help about their funds. For example this gentleman appeared out of nowhere after 9 years that had bought bitcoins and created a new thread, explaining that he found a paper wallet that was damaged in his closet. And now I'm asking myself, why now? Let's assume that he had bought 100 bitcoins in 2012. By 2016, he would have a great fortune. By the end of 2017 an even bigger.

Don't they read the news? Because if I had bought that amount of coins a decade ago, I'm sure that I'd see out of curiosity how well it has gone. Since the paper wallet was in his closet, it means that he didn't care that much.

Another bad example is this thread in which iwoswinvs (who is probably a liar) announces on a forum that he owns 50,000 bitcoins. I think there are more people like the first one, though.

Such stories may well be, since people may have previously mined bitcoins and then switched to other activities. Life is very difficult and in it you often have to do not what you want, but what regularly brings food for the family. Now, when the news media talk about the cosmic prices that bitcoin has reached, many are beginning to remember the bitcoins they have held for a long time. Therefore, such stories are quite logical.

Quote from: saffira on January 31, 2021, 10:28:30 PM

Banks are too late to launch their own version of bitcoin. Today, I like bitcoin because I dont need intermidiaries, I am free to do what I want. I can choose fees for slow and fast transactions.
If the coin they will launch will be like local currency, the supply and demand process will likely affect the value. Unlike bitcoin which is circulating in only million amount but it is worldwide.

Banks are not going to create their own bitcoin or any other coin that will resemble or copy it. They will not create anything decentralized, since the banking system operates on the principles of strict centralization.
They have already highly appreciated the blockchain technology, on which the decentralized cryptocurrency works, and on this technology they will issue their digitized currencies of the central banks of states. Most likely, their digitized stablecoins will seriously compete with the decentralized cryptocurrency as a means of payment, as people are used to trusting their government more.

Quote from: RussianEnglishTranslation on February 28, 2021, 05:59:24 AM

Quote from: Tekunda on February 20, 2021, 11:23:01 AM

With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.

Investing in altcoins is difficult, and so is timing the market but you will be lucky to get a 2x with Bitcoin. Microcaps like ALCX and 0xMR can easily 200x.

Bitcoin will not continue to rise in value for a whole year. There will be breaks. Therefore, altcoins will still find time for their good price growth. In addition, it cannot be said that altcoins are not growing now. Many promising altcoins already have gains of hundreds of percent. In addition, we cannot predict for sure the price movement of the cryptocurrency market. In the meantime, we can say that there are no serious obstacles to the further price growth of our cryptocurrencies.

Quote from: Lucius on February 11, 2021, 11:05:40 AM

Quote from: Amejoaquim on February 11, 2021, 07:52:56 AM

Since i join in this investment, i already back up more than 3 USB and Store all of my private key on my email.

No matter how you protect your email, private keys/seed are extremely sensitive information to store in this way. Email is something that is often the target of hacking, and if that happens you will lose everything you keep in it. I advise you to keep your private keys offline if at all possible, and if you already want them to be online, make sure they are encrypted.

It is very dangerous to store your private wallet keys in your email or cloud storage. Moreover, store them in a mobile phone, which you then carry with you. In case of theft, thieves will have not only a phone, but also wallets with cryptocurrency. Cryptocurrencies have many advantages, but they also have disadvantages. Therefore, the portability of cryptocurrencies is not always an advantage.

This is a contrived problem. Renewable green energy sources, especially solar panels, can provide 30 times more energy than humanity needs at all. Solar energy is practically inexhaustible and with the help of such panels, clean energy can be available anywhere.

Quote from: romero121 on February 16, 2021, 05:50:29 PM

Quote from: faulkner27 on January 29, 2021, 10:02:27 PM

The Russian government has blocked access to peer-to-peer BTC trading platform LocalBitcoins, claiming the site spreads illegal information to the public. Starting January 1st, 2021, cryptocurrencies are allowed in Russia, though they will not be allowed to be used in exchange for any goods or services.

No official statement has been released relative to the lifting of restrictions on cryptocurrency usage. Most of the country follows the same, bitcoin can be used for trading and shouldn't be used in exchange for goods and services. This is due to the fear of government, that the usage might lead to mass adoption.

In Russia, there is now very controversial legislation regarding cryptocurrency. It is possible to store cryptocurrency, but in fact it cannot be used. Cannot be exchanged for goods and services, but a bill is being prepared, according to which transactions totaling 600,000 rubles per year will be taxed.
In Russia, officials have always been very controversial about the future of cryptocurrency in this country, and this attitude continues to this time. They have not even finally decided whether to introduce criminal liability for the use of cryptocurrency.

As far as I know, India has not yet had a strict ban on the storage and use of cryptocurrency. Earlier, the Reserve Bank of India did not recommend lower-level banks to serve stock exchanges and exchangers. This decision was later overturned by the Supreme Court. Now the parliament is really considering a bill to ban cryptocurrency, but its consideration was recently postponed.
Such a prohibition will greatly affect the actions of the population, depending on the measures taken to implement it and the sanctions for violating this prohibition.

Bitcoin holds a special place in our investments. Since it is constantly growing in price over a long period of time, it is generally not advisable to sell it. If we want to have additional profit, then we can sell it partially at clear peak prices and buy at obvious low drops. In all other intermediate cases, our actions will be almost random in terms of profit.

Quote from: Crptomagma on October 27, 2020, 07:19:42 AM

Bitcoin as a Decentralized Cryptocurrency has no physical structure just like the bank. It’s basically stored in a digital wallet/account being operated from a mobile device and its security embedded there also. In creating Defi wallet or block chain account no available section for next of kin or third party details Its always advised to keep Recovery Phrase details secret in save location, these will help in recovering the wallet.

Literally bitcoin details remain secret and personal to me. If I continue to keep my details secret of what use would it be to me when I’m no more and my love ones can’t benefit from my bitcoin? Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone? please I need response . Would the bitcoin be abandoned in the wallet forever?? Would it be a waste of bitcoin?

When a person dies and does not take care that his secret keys from wallets are available to someone, then his cryptocurrency will forever remain with him. True, we do not yet know whether he will be able to use it in that other world after his physical death. Therefore, each of us has the opportunity to dispose of our cryptocurrency in advance for this unforeseen tragic event.
It is also quite possible that someday it will be possible to restore access to lost bitcoins, because they still remain on the blockchain. It is possible that quantum computers will soon be able to do this.