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2601  Economy / Speculation / Re: Was $17.5K the low? on: June 19, 2022, 09:49:21 PM
I's a potentially bleak outlook, but if the 200 Week MA is reclaimed (currently $22.4K), then I believe it will confirm a bottom for many, and therefore price would be unlikely to fall lower than $17.5K again.

It seems that the market is finally exhausted, having reached the bottom, and now the reversal will begin, well, at least I would like to think so. I look at the charts, it seems in that area, about $ 17,500, in 2020 there was a small consolidation, just before the start of a massive growth, which began to define the new ATH. Maybe this new bitcoin support, we will see in the next couple of days how the price will behave around these values.
2602  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason why I won't be buying top altcoins in this bear market on: June 19, 2022, 05:39:06 PM
This is no indicator at all, the top 20 has never been a constant.

People needs to hear this a lot more, this is not something that can be emphasized more. I mean people see top 10 coins, and think that all those top 10 coins will be awesome in the future. Go back to 2014 and check the top 10 and see how many are here today, go back to 2015,16,17,18,19 even 20 and 21, because there are some changes even from that recently. Top 10 changes, let alone top 20 which changes even quicker. So people need to realize that there is no guarantee that you will make a profit if you invest into something at the top. Sure btc, eth and bnb looks solid, but all others are build on quicksand if you ask me.

Currently in the top 10:

  • 3 stablecoins (usdt, usdc, busd);
  • Solana, which is still in beta stage and frequently stops the blockchain;
  • Ripple, which has not updated its ATH in almost 5 years and is constantly hounded by the SEC.


Half of the top 10, in terms of investing, are not suitable at all.
2603  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is million token dead? on: June 19, 2022, 04:13:36 PM
Is million token volume is accurate? I see Million token price today is 2$  and the marketcap is 2M and trading volume  of 17k in the last 24 hours.

The usual Pump&Dump project. In all the time of its existence it grew only 4 days, the rest of the time it goes down. Not sure it will ever get back to its ATH. The capitalization of the project says nothing, it may be inflated numbers. The low trading volume suggests that no one wants to speculate in this coin, because of its unattractiveness and extremely low demand.
Demand for this token will depend on its usage, if this has no good volume for the past months then I think many see this one as a useless project and with the bear market, this token might find a hard time rising again. I won’t invest on this kind of project especially now with bear market, it is still better to trust the top coins to be more safe.

This is an altcoin, the demand may be due to frequent mentions in crypto communities. Remember Shiba Inu pump, was there a lot of usage in this meme token? A lot depends on whales here, if they have interest in pumping this token, it will grow in the future, if whales have long since unloaded, then this project can be added to the group of forgotten or abandoned.
2604  Alternate cryptocurrencies / Altcoin Discussion / Re: Circle Announces Euro Coin (EUROC) on: June 19, 2022, 03:46:55 PM
I have always asked myself why we don't have any popular or well-known "crypto coins" that are pegged to the Euro, Pound, Yen etc

Probably because the dollar in cryptocurrency is the most common, and the local currency is not used as much in the crypto industry, but I think that with the development of the crypto industry and crypto adoption this could be changed. I wonder how the Euro stablecoin and the digital euro (CBDC) will coexist. Hopefully, this will not serve as a reason to restrict the use of euro stablecoin by the euro union and the central bank.
2605  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk sued for 258 billion USD over alleged Dogecoin pyramid scheme. on: June 19, 2022, 03:19:23 PM
Is dogecoin a pyramid scheme? Is this a rhetorical question? Grin Any doge supporters here?

No, why would an ordinary pump&dump project, which was created for fun, suddenly be a financial pyramid? It's just an object to manipulate and siphon money from the crowd. And notice, DOGE for almost 5 years had utilitarian properties among crypto community, because it was used for arbitrage and value transfer between exchanges, because commissions were kopecks. But then Musk appeared and decided to get high on this project and use his mediocrity to manipulate DOGE price.
2606  Other / Meta / Re: CloudFlare is blocking simple PHP code posting! on: June 18, 2022, 07:07:00 PM
The forum itself seems to be set up this way. The Cloudflare stub page says so:

Quote
This website is using a security service to protect itself from online attacks.

2607  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason why I won't be buying top altcoins in this bear market on: June 17, 2022, 07:59:24 PM
1. Many altcoins will never reach their all time high again.

Naturally, most of the altcoins on the market are pump&dump schemes, they are created during a hype for the sole purpose of making money for their creators.

2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.

This is no indicator at all, the top 20 has never been a constant.

3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.

That is the mistake of investors, who buy hype coins and start holding them for years, not realizing that they have already served their purpose and no one needs them anymore. This is what I've been trying to explain for a long time to investors in various NFT and GameFi projects. That they will not grow in the next bull run, they will be replaced by other altcoins.
2608  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Will Not Devalue To Zero on: June 17, 2022, 07:26:08 PM
Fears about ETH with zero value are the same as bitcoin with a price of 1 cent. It is unlikely to ever happen. With an exosystem like Ethereum and such fundamental characteristics, ETH will continue to be an attractive investment and a strong altcoin. FUD is designed to break the price as low as possible so that strong hands have the opportunity to buy more.

What kind of forking are we talking about? Is it the forking of PoW ETH and PoS ETH?
2609  Alternate cryptocurrencies / Altcoin Discussion / Re: Circle Announces Euro Coin (EUROC) on: June 17, 2022, 07:07:04 PM
Circle has taken on the stablecoin market in earnest, and they're probably on their way to the top. I think that in the near future USDC may lead the leadership in the stablecoin market, given the way the whales are leaving Tether. I wonder if EUROC will be fully backed by real EURO, or as usual, some in fiat and the rest in securities? Then it will be another stablecoin, which sooner or later will lose its connection to the EURO.
2610  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is million token dead? on: June 17, 2022, 06:41:27 PM
Is million token volume is accurate? I see Million token price today is 2$  and the marketcap is 2M and trading volume  of 17k in the last 24 hours.

The usual Pump&Dump project. In all the time of its existence it grew only 4 days, the rest of the time it goes down. Not sure it will ever get back to its ATH. The capitalization of the project says nothing, it may be inflated numbers. The low trading volume suggests that no one wants to speculate in this coin, because of its unattractiveness and extremely low demand.
2611  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge coin in trouble? on: June 17, 2022, 06:36:28 PM
I came across a news today that Elon Musk was sued for pumping doge coin and rumour of the pyramid scheme in doge coin isnt very clear to me yet, if you want to read the news here you go

A logical finale to the blatant manipulation that has been going on since 2020. If the court takes the accuser's side, DOGE will have a very difficult time, because the main catalyst for growth, represented by Ilon Musk, will no longer PR the coin and pump up the price with his tweets. It is surprising that back in 2021, no one seriously took up this manipulation of DOGE and did not bring Musk to serious responsibility.
2612  Economy / Currency exchange / Re: Exchanging WebMoney for bitcoins or alts on: June 16, 2022, 07:10:18 PM
BUMP
2613  Local / Обменники / Re: Обмен WebMoney на биткоин или альты on: June 16, 2022, 06:42:33 PM
Чуть выше я ж написал. Зачем мне карта WebMoney? Я спокойно и без неё могу выводить фиат. На р2р обменниках я не встречал WebMoney, в основном там вайзы-шмайзы и т.д. Подскажите, если знаете такие р2р обменники.
2614  Local / Обменники / Re: [BUYGAZPROM] Покупка/продажа BTC|ETH|USDT|DAI|XMR|DASH и др. on: June 15, 2022, 11:49:12 PM
Добрый день, работаем как и раньше, при необходимости можно верифицироваться через почту или лс на форуме.

С WebMoney не работаете сейчас?

Приветствую, иногда делаем, детали лучше уточнять в лс/телеге.

Спасибо за ответ. В принципе, у меня есть топик в этом же разделе, там у меня всё описано, что мне надо и мои условия Обмен WebMoney на биткоин или альты.

Если не трудно вам, то можете глянуть и дать ответ. Прямо здесь можно.
2615  Local / Обменники / MOVED: Scsobmen on: June 15, 2022, 07:16:34 PM
Тема перемещена в Trashcan
 
https://bitcointalk.org/index.php?topic=5402603.0

Причина: дубль топика https://bitcointalk.org/index.php?topic=5354887.0
2616  Local / Майнеры / Re: Прибыльность майнинга на GPU после слияния on: June 15, 2022, 12:19:50 PM
Статья интересная, а источник абсолютно ебанутый (или я слепой?) - нельзя посмотреть число когда статья опубликована.

Страничка со статьёй появилась в поисковой выдаче 12 дней назад. Стало быть, 3 июня.
2617  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Celsius in trouble ?!? on: June 14, 2022, 09:24:58 PM
Obviously they are facing a lack of liquidity. All of these platforms are very shaky and vulnerable, don't expect full and total security from crypto services. In times of market panics and mass sell-offs, even the most reliable systems often fail to cope with the challenges that are thrust upon them. That's why their security is only conditional, no matter how harsh it may sound.

The problem with such platforms is that if people want to withdraw funds, the platform needs to give them back from their own pockets and it will be real cryptocurrency, not the synthetic one the platform has. And platforms do not want to cover the costs of the market situation at their own expense, so it is easier for them to limit participants' rights and temporarily block their money.
2618  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Trading Volume an important metric ? on: June 14, 2022, 09:02:22 PM
Trade volume is often inflated, so do not focus on it much. Don't forget that trading volume, which is shown on trading platforms, is not always the transactions of real people, bots are also involved. Obviously, this can be one of the metrics when choosing a project or deciding to buy/sell it. If you are concerned about trading volume formed on large-scale selloffs, it is also worth paying attention to the order book and looking at the depth of the market. If there are only sellers in the market, and the demand from buyers is very minimal, then clearly this project at the moment is not of interest in terms of investment.
2619  Alternate cryptocurrencies / Altcoin Discussion / Re: Biggest mistake in crypto? on: June 14, 2022, 08:55:02 PM
I would also like to draw attention to the other side of this issue. When an altcoin makes a x0.5 loss (), it's hard to accept your mistakes and sell it at a loss to avoid even bigger losses. As a result of the further fall of altcoin, the losses become -x1.5, -x3 and so on. As a rule, the hope that the price will recover is deceptive and it is best to get rid of the unprofitable asset before it is too late and switch to something else.

There is another side to this case. When you buy an asset and it begins to fall, first you lose 0.5x, then the price falls by a factor of 2, by a factor of 2.5, etc. And the investor sells, fixing losses and supposedly saving at least part of his deposit. But then the project hits rock bottom and starts to grow and you are already out and then FOMO hits you, because you not only made a loss, but also did not get a solid profit, which the project gave, if you had waited a bit. So the approach you describe is not really justified. I've been caught in 2021 a couple of times myself.
2620  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO tracking site are you following? on: June 14, 2022, 08:04:29 PM
The truth is that I did not know that there was a lot of data about being aware of ICOs, the truth is that I have only followed one ICO for now and it was because a great campaign manager proposed it and managed it, that is where I won, otherwise I do not trust, in Actually what percentage of reliability is there in those sites? because the truth is that in telegram it is very difficult to trust that every moment I get many messages where people tell me to invest in certain projects or to join some trading platforms, these things are what make me doubt telegram.

Many telegram channels are built on the shilling model and advertising of specific projects, as well as on referral programs, so I would not trust the projects they select. I always analyze information from several resources to get more objective information, if some site publishes false information, which is very different from other resources, then this service can be abandoned, because most likely it just advertises the projects it needs, inflating the data on not the best ico and making them more attractive when making an investment decision.
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