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141  Economy / Economics / Re: Can blockchain replace the traditional banking system? on: July 31, 2021, 04:09:12 PM
The function of a bank is to coordinate cash flow, so the bank is always controlled by the state. Blockchain is a good technology and it can help the banking industry to help with better regulation. Replacing the bank is such a lofty idea and it's not allowed because governments won't let that happen.
142  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: July 31, 2021, 03:59:22 PM
Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.

The major difference is that ETH is decentralized, whereas, BSC is centralized. So if it is fine with you dealing with centralized system, you can go to BSC because the fees are cheaper. But if you want to stick with decentralized system, you will only use ETH. For me, I'll use both, because it depends on the token that you are holding and it is ok with me using BSC because you can have your transactions as relatively cheaper and fast. So it depends on the priority of the user.

Decentralization or centralization doesn't make much sense anymore because BSC has quickly brought many utilities and thousands of projects developed on BSC. I believe that CZ and its team will not let their project die. The current problem of space is duplication and creative laziness. Projects on BSC tend to unconsciously copy which has led to many DEFI attacks in recent times.
I prefer using BSC because it gives me high speed at a low cost.

143  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: July 31, 2021, 03:56:14 PM

the most noticeable are the day traders in the market. now more and more are moving to BSC. because the reason is the problem of cheaper fees and transaction speed.
but some investors are still consistent with tokens with the ethereum network.
I'm sure both are still popular. now the increase is indeed happening in the BSC. but we don't know what about the future.

Low cost and high speed are always advantages. ETH has created a space for Solidity programmers to develop and BSC is a place for them to make money. Developers on ETH can easily develop on BSC because the way DAPP is built is exactly the same. If ETH offers cheaper transaction costs, high speed, and stability, it can attract users back to ETH.
144  Bitcoin / Bitcoin Discussion / Re: Public companies That own Bitcoin on: July 28, 2021, 08:35:08 PM
With the rapid development of cryptocurrencies, big companies are not going to give up on this piece of cake. The cryptocurrency market is so new and an attractive place to make a profit. I believe that in a few years cryptocurrency will be really popular around the world. It's an inevitable trend and it's happening fast.
145  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [$PYR] [ILO] VulcanForged - 'The Fastest Growing NFT Platform' on: July 28, 2021, 08:28:52 PM
This project is really interesting, I see a lot of constant updates along with its development happening in the game space and reaching users through Vulcan payment partners.
The Vulcan team of over 40 employees working at the game studio is what I like best. In addition, individuals around the world are actively building on Vulcan Verse plots.
146  Alternate cryptocurrencies / Altcoin Discussion / Re: KickEx and KickToken, what can you say? on: July 28, 2021, 05:13:36 PM
A project is not really transparent when the project has changed the way it works and unlocked a lot of tokens.
I used KICK tokens to buy some projects on this project's fundraising platform, but in the end, I did not receive tokens and the value was almost zero.
I chose to stay away from this project.
147  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: July 28, 2021, 05:10:34 PM
Currently, BSC is better because it is chosen by people to use more cheaply and quickly.
BSC and ETH have the same way of building DAPP. In terms of decentralization, ETH is better.
Personally, I would choose BSC because of its low cost and high speed.
148  Bitcoin / Bitcoin Discussion / Re: Sold my first Bitcoin and am happy on: July 28, 2021, 05:07:36 PM
I'm not calling it a sell-off, it's a take-profit, you're making a good profit and you're enjoying the fruits of holding for a long time. I like the way you think about investing. Selling a little does not affect the whole process but it makes everything better especially your psyche. Rewards are the motivation to motivate you to invest.
149  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Signature Campaign] The Standard 🚀 Most Awaiting Campaign - Lucrative Rewards on: July 28, 2021, 11:12:02 AM
Bitcointalk Username: ilovealtcoins
Current post count: 794
Merit earned in last 120 days: 4
ETH wallet [Address Must be from MetaMask wallet]: 0xef1d7a3Dd41E7bC3bec2D7247EeDDF6847b0100f
150  Alternate cryptocurrencies / Altcoin Discussion / Re: Prices are low, time to buy some good coin!! on: June 21, 2021, 04:08:13 AM
Prices are low at the moment and could be even lower so don't expect too much. But when the market is sideways in a long-term downtrend or a short-term downtrend.
If buying now, buy less and buy-in several times at different prices to ensure price averaging. It's a good strategy so we don't miss out on good prices.
151  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which crypto and platform do you invest in in June??? on: June 19, 2021, 03:15:56 PM
I am just pursuing IEO projects on COINLIST. The market is in a state of hesitation and the trend is not clear, so investing at this time is risky. Investing in altcoins is not a good idea right now because they track the movement of Bitcoin.
This time is best for us to keep our money and rest.
152  Bitcoin / Bitcoin Discussion / Re: Musk say's he'll re-invest in BTC when +50% of ASIC miners are GREEN on: June 19, 2021, 03:02:17 PM
Elon Musk will go to the moon to live and someone else will run TESLA. I want it to happen faster. GM motor and other automakers already accept Bitcoin as payment.
The reason that Elon gives for accepting Bitcoin is manipulation and we all know that electricity comes from hydroelectricity. It's just a form of power transferred from the water, just like the sun and the wind. Elon Musk is trying to be devious in this case, and I don't see the reason for that.
153  Alternate cryptocurrencies / Altcoin Discussion / Re: Holding 5 years a just a imagination on: June 18, 2021, 01:41:56 PM
Holding altcoins is riskier than Bitcoin. Projects can end at any time because a fatal error in the source code can kill the project, or the developer stops the project.
Blockchain technology is constantly changing so we cannot know which projects will grow continuously or will be crushed by others. To be a successful holder we need to know how to diversify our investments and have an accurate judgment of the market trend.
154  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: June 18, 2021, 01:37:07 PM
Altcoins build up, increase in price, and eventually, money flows out to stablecoins or Bitcoin. I realized that in the crypto market. Trends will soon end and altcoins will be gutted. There are only a handful of altcoins left that continue to grow and deliver huge profits. Such altcoins are few in the multitude of projects created.
155  Economy / Economics / Re: Amateur Traders Cause Bubbles on: June 17, 2021, 02:08:19 PM
Bubbles occur from many different causes.
First is the newness of the trend, we saw the dot-com bubble of 1999 with the birth of technology companies in the internet space.
Second, the law does not have an adjustment mechanism for new types of assets and items, leading to market manipulation and disruption. The most obvious examples are the ICO bubble of 2017 and the tulip craze of the past.
The third is the naivety of retail investors in an unknown trend. for example The sharp decline in the price of GAMESTOP stock
Investors seek profits and they are conscious of their behavior but sometimes excessive FOMO causes them to lose. That is the behavior of amateur investors. They are just one of the causes of the bubble.
156  Alternate cryptocurrencies / Altcoin Discussion / Re: Most of your coins are going to be worthless in years. on: June 17, 2021, 01:56:54 PM
The value of crypto is created by the developer and the community. Each price drop is a market purge so we will see developers or investors give up. Since the long-term drop of 2018 to early 2020, we have seen many cryptocurrencies lie dormant in price declines.
The meme coins are unknown because the market has no precedent for them. Right now coinbase pro also listed SHIBA so it's hard to say that this project will die.
157  Economy / Economics / Re: Own a house or rent one? Quick survey! on: June 17, 2021, 01:30:35 PM
Evaluate the home you plan to buy such as its location to your workplace, neighborhood characteristics in the area, and future property value. Answering all of the above will tell you if you should buy a house with your $40 monthly income or not?
Another thing is that real estate and each person's salary always increase over time, so if you buy a home, you will have the advantage of paying off your debt faster over time. You eventually get the house and your home value will also increase.
If you choose to rent a house for 15$, you have a good chance of finding a place that suits you best to stay. Next, you will also have to accumulate money enough to buy a house or choose an installment method. So consider carefully so as not to miss the opportunity.
158  Alternate cryptocurrencies / Altcoin Discussion / Re: If I have $500,000$ in this token can I sell them immediately and get ETH? on: June 17, 2021, 01:16:33 PM
The number of tokens that you hold is too large, accounting for a quarter of the project capitalization, and the trading volume of this token is quite low. You would be hard-pressed to liquidate all that tokens in a day without much price change, in my opinion, the value of this token will drop by 90% or more. To sell all of the above tokens takes days and a large volume of transactions.
Can only participate in P2P trading to find a buyer for all 500k of your tokens. This is also unlikely to happen.
159  Bitcoin / Bitcoin Discussion / Re: Lightning Network -- Is it GOOD? on: June 16, 2021, 02:59:34 PM
Using lightning helps to save and fast payment. I thought the lightning network solution didn't work out because people are more used to transactions on the traditional Bitcoin network than on the lightning network. You can refer to the lightning network topic at the link below.

https://bitcointalk.org/index.php?topic=5158920.0

It is also possible to pay with Bitcoin wrap solutions from other blockchains. This hasn't been tried yet but I think it would be nice if there was support for it.
160  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 16, 2021, 11:09:03 AM
The poor are the most vulnerable people in society when they are the ones who create value for society, they work in places with the most difficult conditions. They are exploited by their bosses and by commercial capitalists.

Poverty feeds the negative thoughts of the poor and makes them think that much wealth is a crime. Rich people are rich people and they hate rich people too. Not every rich person exploits other people's labor. Money has no soul, money only represents material and labor power. We need an education and understanding of money to have the right mindset about money.

In society, Not all poor people think money is the source of crime. They also want to enjoy themselves, to be rich. Many people are poor because they do not have any basis to get rich (eg people with terminal illness, people with disabilities, people with the responsibility to care for dependents).
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