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June 29, 2022, 12:34:40 PM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful buying alts right now on: June 28, 2022, 10:20:21 PM
Personally, I always study the market before buying coins and always buy current coins that will be in demand in the cryptocurrency market in the near future. And I also recommend all my friends to buy only those coins that will be in demand and will make a profit. And also buy coins only on verified exchanges. Otherwise, you can just fall into the hands of scammers. And now when the market is falling very much and buying coins is very risky now because the price can change very much.
researching and studying carefully about the coins that we are going to buy is a basic thing in investing but not all buying coins that will be in demand and buying on a verified exchange guarantees it will be safe because we know just now what happened to terra luna so look for opportunities and sell at the right time right is the thing that will give profit
There is no guarantee even if it is an exchange that is legitimate. Being delisted from an exchange still happens, so because a coin gets listed does not mean that it is surely going to stay there in the long-term.
Once the coin dries out, say bye bye for that coin in that exchange.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: is right time for investment ? on: June 28, 2022, 10:18:51 PM
- shill warning -
Nice shilling bro, that ain't going to work here even for some people.
Stop bringing up Elon Musk again. I don't think he is now relevant as he was back when he was shilling the crap out of meme coins back then. Sure he also mentioned Bitcoin, but Bitcoin is not a pump and dump unlike any other coins there.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: is using 2fa safe in every way on: June 28, 2022, 05:03:39 PM
Not every popular wallet is secured though. I would say that even my own local wallet sometimes blocks me out as I did not have complied yet into their KYC policy and it is quite annoying not gonna lie.
I don't think offers or airdrops itself would impact your security at all unless you were easily baited to a phishing site which what happened to me back then.
4  Other / Beginners & Help / Re: How safe are crypto wallets?? on: June 28, 2022, 04:48:35 PM
As long as your private keys/seeds are not being secured by no one but yourself, it is not a secure wallet. This is why I avoid to hold too much in my web wallet, and I only use it if I am going to avail some of their services like buying some game credits which is quite convenient for me, other than that, I hold my other coins in other wallet that would never get any sort of connection to the internet a lot.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about altcoin market on: June 26, 2022, 09:24:20 PM
Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.
I had never touched any altcoins lately due to me just being a full Bitcoin-er now. Surely there would be some so-called "hidden gems or treasure" there like some other people claim, but in the end there are still sea of shitcoins lying around there waiting for your money to be taken away.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Knowing projects before launch on: June 25, 2022, 10:06:22 PM
Are ICOs still a thing these days? I thought they just disappeared already due to scams.
I never really do a "tracking" of projects that much back then except that I particularly look into ICOs in here solely and just go from there and see where it goes if it is worth my dollar.
My criteria? It really depends on the situation and the current market condition. It is not all just about the team and the WP itself.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrops vs Bounties on: June 25, 2022, 08:06:25 PM
Merit is the main obstacle for members to improve their rank. You need to make a lot of posts and threads in good quality to get enough Merit. For years doing that to rank up from Full Mem to Sr Mem or from Mem to Full Mem. So a lot of users don't have any choice but to stay with sign campaign, earning pitiful rewards with their rank.
Worse, the bear market also influences the price of bounties and airdrops to drop further even before they are rewarded to the participants.
If merit was like a problem for some user here then I am pretty sure that they are here for the wrong reason. If a user is here for the right reason, s/he would not mind anyway on how much merit s/he earns in any day.
It is just a like button in the end or upvote button if you're going to compare it to Reddit.

Kinda sad that some people are seeing this forum as an earning platform.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Bitcoin cash reach 2000$ in 2026 like I see now? on: June 25, 2022, 08:04:11 PM
I can still recall when that was like a hot topic back in the days here in the forum and many still hated it or at least not liked it. I never invested anyway to any Bitcoin forks as I do not have any reason to have one. There is only one Bitcoin always.
I thought back then that BCH was also Bitcoin, lol and good thing I knew that.
9  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become a global currency ? on: June 24, 2022, 08:00:01 PM
A wide range of virtual currencies have emerged over the past decade, such as Bitcoin, Lite Coin, PeerCoin, Aurora coin, Dogecoin, and Ripple.
Like bitmover mentioned, it is technically a global currency now. We're not just seeing it being used that much since either people are doing it behind the scene or just the media does not give a crap about crypto at all that is why it is not really a hot topic in the news nor the public.
Some merchants are not used to volatility that is why you do not see a lot of popular merchants use those as an alternative payment methods.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoins Crossed 20k USD!! Donít lose hope now. on: June 24, 2022, 07:36:24 PM
What are your thoughts on this?
My thoughts is just it does not matter either way. Whether it even manage to go back to 10k or not, it would not matter to me in the end.
Bitcoin never failed me back in 2017 and regardless what happens, I do not mind buying more of it. The technology proved me more than the current price anyways although I understand that some people are panicking over a low price it went, but trust me, you should hodl now.
If people back when Bitcoin was around 64k regretted that they did not buy when it was below 20k, what more for those people today?
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Power to the people on: June 23, 2022, 10:14:52 PM
I see that notice quite a lot when I was passing by some remittance centers (also count money laundering for that). It is just a typical regulation of government for their people.
I use wallets that require KYC and still to this day, it annoys me even if I am verified because they just keep bugging me that I need to update my ID or all those kinds of verification that they require.
One day I might end up just doing p2p instead.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Bear markets are a time for building, development and research on: June 23, 2022, 10:12:21 PM
Could be lucky ones or those so-called "hidden gems" by some people in crypto. It is a high-risk and potentially low reward thing since many investor could have been looking for something to hold in the long-term and not just plainly for short-term
Some take advantage of the pump and dump coins so that they can earn quick profits.

I am not doing those since I am for the long-term holding anyway.
13  Other / Beginners & Help / Re: Taking Loans - Is it ideal? on: June 23, 2022, 08:56:13 PM
Even by investing some part of your savings to crypto is already a risk, so I would not want to increase that risk further. The risk that business owners take is entirely different to investors to crypto. There is no volatility and it can be easily managed through research or feasib studies. Sure, we can research good coins out there to invest, but volatility would say otherwise.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Which stablecoin do you "trust" the most? on: June 23, 2022, 08:50:15 PM
If I'm to chose between the stable coins in the market, I'll go with USDT. It's actually a personal decision owing to the fact that I consider it a good store of value and its widely accepted on traded on virtually every cryptocurrency exchange. I would rather leave my assets in stable coin this period.
It's usually what everyone would choose since it is in the top coins in CMC anyway, but in large amounts I would choose DAI if I would ever hold one since I read before in some threads in here that stablecoins are being able to frozen and with that, I don't want that to happen in my own coins so yeah. In smaller amounts like if I was actively trading, I would go for USDT
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it possible for Traditional Banks to cooperate with Crypto on: June 22, 2022, 10:18:19 PM
Considering that countries are making their own crypto coins, I would assume banks would do it as well. Though I would still stay with Bitcoin, as I have been comfortable with holding that for almost 5 years and still going to buy more.
I am sure that these banks will make us undergo KYC because why not right? I am not fan of that though.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin and Ethereum Dominance on: June 22, 2022, 10:15:57 PM
What fight are you talking about, OP? Bitcoin and Ethereum are different to each other.
Yes, there could be some rankings in CMC or in CoinGecko but that does not refer as competitive rank. Can't compare BTC with Ethereum like orange and apples.
Would you ask the same thing for USDT and USDC?
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu Could Reach $5 By 2050 !!!??? on: June 22, 2022, 08:44:39 PM
But people still like to throw pointless predictions without thinking, I guess it's easier to go with hype than to use brain and think some things through!
Tbh, you can't really blame people for that since hype becomes a factor already for people to buy more causing a lot of demand however going along with hypes is just letting your money walk in eggshells that once the hype died out, it surely is for your money.
Having further analysis just create more in-depth explanation on what's going on but it won't help if the coin that people were buying was a shitcoin or a memecoin.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dead? on: June 22, 2022, 08:41:34 PM
For most of the altcoins like the most of the coins you mentioned there, it would surely just lay down there in a while. Surely Bitcoin is just taking its time again to just dip in a while and let others come through for the cheap price we got right now although I would not call it cheap in my own currency lol.

Just keep holding like always.
19  Other / Beginners & Help / Re: Is the crash in bitcoin price a threat to forum existence? on: June 21, 2022, 10:08:31 PM
Bitcoin price was even lower than 6k around 2017-2018, if I can recall correctly. This forum is not heavily tied with the price of Bitcoin. It is a place for discussions and conversations, OP just like any forums out there. It will continue to run and exist I am pretty sure. There are a lot of stuffs to talk about Bitcoin and crypto and it is not just all about the price itself.
20  Other / Beginners & Help / Re: Taking Loans - Is it ideal? on: June 21, 2022, 10:04:09 PM
mk4 summed up pretty much everything and what your "friend" should need to know.
Adding up to his point, consider also thinking about that you still need to pay the loan in the end. Think about it, if the market went bullish one day and all those returns you're going to get are purely for only paying the interest from your loans.

While loaning comes always with a risk, the stakes are high when it comes to crypto.
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