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121  Alternate cryptocurrencies / Altcoin Discussion / Re: How about the future of the market? on: August 07, 2021, 09:48:36 AM
As always, I'll be looking at the public's take on any trends. We have seen the success of DEFI and followed by NFT, NFT gaming play to ear. But one more thing is the long-term trend of Bitcoin.
If Bitcoin drops in price then all altcoin efforts will be in vain. History has shown us the influence of Bitcoin on altcoins. This time is no exception.
However, the market is divided, so you should only invest in the trend in a controlled manner to ensure risk.
122  Economy / Economics / Re: The slave does not dream of freedom, but of being the slave-master on: August 07, 2021, 09:44:37 AM
We are oppressed and we want to be free from it. Usually, there are two options: to separate from the world or to become a new ruling class.
It's like escaping from life to become a monk or become a company director.
An educated slave will think about spiritual practice, but an ordinary slave will only seek to enslave others to himself.
123  Bitcoin / Bitcoin Discussion / Re: Why do many people call Bitcoin "digital gold"? on: August 07, 2021, 09:39:39 AM
Because Bitcoin is scarce, mining deflates over time, is perfectly secure, and stored on computer space. Bitcoin is providing great payment applications, companies all over the world choose Bitcoin as a reserve asset instead of FIAT. With that comes regulatory corridors in countries that are being built for Bitcoin and cryptocurrencies. Those are the points that make Bitcoin legit and increase in value over time the way gold did.
124  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the Polygon Crypto Price Prediction in 2022?? on: August 07, 2021, 09:36:08 AM
The dapps ecosystem on MATIC is growing rapidly and it looks like a real quality project that can compete with BSC or ETH. I predict MATIC could be worth 10 to 20 times what it is today if the ecosystem of this project develops really well and attracts more developers.
125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Nominex move to defi on: August 07, 2021, 09:32:16 AM
Obviously good, because since this project became a success the Nominex team has not stopped working and is always looking for new partners to work with them in terms of building a better exchange and of course for several other things as well.
one of them is the collaboration of nominex with binance.
because Nominex is a member of the Binance broker program.
who doubts a project with this amazing partnership.
you can read it at https://www.facebook.com/Nominex/posts/805195643520083


Maybe wait a few more months to see if NMX actually works with BNB?
They say that by the end of September the works will be completed. I would choose Nominex to trade because the cost discount mechanism is much lower than that of Binance.
The farming mechanism on NMX is very interesting, everyone can create for themselves a higher passive income system. This is something that I found the project to do well, but recently the value of NMX has dropped dramatically. I am worried that the prolongation of Binance's broker rollout will cause the value of NMX to drop further.
126  Alternate cryptocurrencies / Altcoin Discussion / Re: Is OneLedger (OLT) The Most Undervalued Cryptocurrency? on: August 07, 2021, 09:23:41 AM
NO Bitcoin is the most undervalued cryptocurrency and people are sleeping on it because they do not think they are early adopters but Bitcoin is only a little over 10 years old you guys are sleeping on it and should be investing more into it instead of these shitcoins.

Many altcoins have x1000+ potential. Bitcoin does not.

The problem is not its technology but its reception from the public. Projects that need strong backers, need developers to come and build DAPPs on top of that.
I have experienced much different good but low cap projects for the same reason as above. The closest example is Lamden. They already have a bridge to ETH, have NFT, AMM and many other projects on Lamden but Lamden's value is still very low.
Community is the most important factor in the success of a project.
If you love OLT buy and keep them for a long time because maybe next year or many years this project will bring you wealth.
127  Alternate cryptocurrencies / Altcoin Discussion / Re: Is OneLedger (OLT) The Most Undervalued Cryptocurrency? on: August 06, 2021, 10:53:50 AM
OLT is a blockchain that supports different chains. The functions provided by OLT have solutions that are bridges between blockchains, NFT market...
This project is developing slowly and without breakthroughs even though it has been in development for many years. That is the point that makes OLT not competitive with new projects.
128  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 what to expect on: August 06, 2021, 10:40:02 AM
I look forward to the integration of the Polygon network (Matic), Chainlink and many other technologies into Ethereum. The burning of fees is making miners less profitable and increasing the scarcity of Ethereum over time. This only increases transaction costs with the increase in the price of ETH.
I believe that Ethereum will have a way to overcome the above problem because if the Ethereum network works out this way, it will only benefit miners and holders. That hinders regular engagement and user experience.
129  Economy / Economics / Re: Who is Happier: Stock investors or Bitcoin investors on: August 06, 2021, 10:34:44 AM
I think the happiness of stock investors and Bitcoin is not the same. Only the people inside understand what they're doing. It is like the happiness of a crayfish swimming in the water and a bird flying in the sky.
Bitcoin and stocks can still attract each other's investors to participate. I believe both schools of investing have in common such as perseverance, learning, profits and losses.
Stock investors have a lot of money so they will not easily accept a large risky asset like Bitcoin because they understand what they do. It will also be difficult for Bitcoin investors to accept low returns to participate in the stock market.
130  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency bad for the environment? on: August 06, 2021, 10:26:55 AM
Cryptocurrencies only have a small impact on the environment and the benefits of cryptocurrencies outweigh the harms.
Based on economic reference, cryptocurrencies create savings in deposit time, security of DAPPs, deposits. It's better than the traditional way banks operate.
Cryptocurrencies promote various fields such as currency, employment, data governance, entertainment. Cryptocurrency is really being applied to life and is being recognized as a legal asset.
131  Economy / Economics / Re: Why we say the creation of Bitcoin is an Internet of value? on: August 06, 2021, 10:21:01 AM
I think the internet has previously been a great tool for businesses to reach their data and manage it. The problem of placing data on the internet is that it is not safe, secure and difficult to control systematically. Blockchain has helped people really take the internet to the next level. Currently, many large and small companies are bolder in applying blockchain to their corporate governance. The result is security, lower management costs, and more accurate information through Oracles.
The security and immutability of the blockchain attracted users to crypto. People can keep their money on the internet safely and the transaction speed is faster than the traditional banking system.
I call the birth of blockchain and crypto the financial evolution, people call it FINTECH. That is the new and inevitable direction of human development.
132  Bitcoin / Bitcoin Discussion / Re: Have Bitcoin mining and market prices been de-Chinese and more decentralized? on: August 01, 2021, 01:32:49 PM

Different countries like USA, South America have had a large number of miners migrating from China. Now they have found a convenient place to mine Bitcoin.
Hashrate has continued to increase after 1 month of China's mining ban.

https://www.blockchain.com/charts/hash-rate

Another problem is that the chart of Bitcoin mining in the world is gradually changing. Countries are increasing their percentages relative to China (April 2021 update).
https://cbeci.org/mining_map
133  Alternate cryptocurrencies / Altcoin Discussion / Re: 7 Low-Cost Altcoins That Still Have Solid Potential In 2021 on: August 01, 2021, 01:28:12 PM
hmm. Vietnamese articles have little value, if you list 7 altcoins in 7 different fields, it will be better. The trend of DEFI, NFT and gaming Play to earn is the main trend of this year despite Bitcoin fluctuations.
I would like different names than the ones you are mentioning because those are TOP cryptos and they are still in an uptrend. There will be less spike in future growth compared to low-cap altcoins.
134  Economy / Economics / Re: Bitcoin doesn't care about Tesla and Amazon on: August 01, 2021, 01:06:45 PM
Bitcoin is a decentralized coin that rises from near zero value so it has a value that grows over time based on the algorithm and the 'stock to flow' model. Tesla and Amazon are the only drivers of Bitcoin's rise in value and not its determinants. Bitcoin development does not depend on these two companies.
135  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long Term Investment Suggestion on: August 01, 2021, 01:03:24 PM
Long-term investment with Vulcan Forged as this NFT game project already has its own game studio and other games listed on the Vulcan Market NFT platform.
There are different games in Vulcan Forged, I love Vulcan Verse where people buy land and build themselves an inner world. It's like how Minecraft works.
Although the game has just been released, it has attracted many people to participate in the game. Next year will probably attract more players and the capitalization will increase the way AXIE INFINITY did.
136  Bitcoin / Bitcoin Discussion / Re: Paper money vs Digital currency on: August 01, 2021, 12:57:41 PM
Digital currency offers a better experience and a more secure feeling in today's information technology age. Everyone has a mobile device so adopting digital currency is the right direction. Another thing is that online shopping and the COVID-19 pandemic reduce the use of cash so the use of digital currency is increasing at a faster rate.

I still appreciate paper money because in some cases you cannot use digital currency as tip, buy small valuables.


I have to admit that it is very safe to use digital money now, but unfortunately in my country especially my city peoples more like paper money than digital money, maybe only for paying tolls and shopping at big malls, I use paper money every day because it is more practical and faster than digital money that must need bank registration.

Paper money is easy to use and doesn't depend on any conditions, I still use paper money often but in the future people will definitely like cryptocurrency, digital money. That is the future trend based on what I said in the above comment. Currencies will exist in parallel without any competition.
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from crypto in 2018 on: July 31, 2021, 04:40:02 PM
My lesson is that after a market drop about 90% will be trash projects because their value doesn't match what they have achieved on the value chart. All the benchmarks we see are illusory. Many projects died completely in the downtrend and did not rise again when the bull market turned.
138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again on: July 31, 2021, 04:36:49 PM
Is this project still active and is it really more decentralized than Bitcoin? Although many projects launched after bitcoin, most of them failed. What Bitcoin has gone through is rare for any project to survive. Currently, there are more than 1 million Bitcoin holders and the hash rate has been increasing continuously for many years so Bitcoin has always been the most decentralized project to date.
139  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Citizen Finance? on: July 31, 2021, 04:34:27 PM
I call it 'PUBG', 'Free Fire' or 'Call of duty' crypto MMO version. Citizen Finance provides users with more than one DEFI project with its NFT market feature and 'play to earn' NFT game.
With limited supply and a good development team, this project will provide an explosion of value as people use the game. If YouTubers participate in Citizen Finance's Metaland and live to stream, this project can be x100 or x1000 times the value from this point on.
140  Bitcoin / Bitcoin Discussion / Re: Paper money vs Digital currency on: July 31, 2021, 04:14:22 PM
Digital currency offers a better experience and a more secure feeling in today's information technology age. Everyone has a mobile device so adopting digital currency is the right direction. Another thing is that online shopping and the COVID-19 pandemic reduce the use of cash so the use of digital currency is increasing at a faster rate.

I still appreciate paper money because in some cases you cannot use digital currency as tip, buy small valuables.
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