Latest posts of: ilovealtcoins

Governments have deliberately undermined bitcoin for years in many ways, but they have failed. True to Bitcoin's proclamation, it is a private bank and people manage their own money.
Governments can only put regulations in place to prevent Bitcoin from expanding within the community. There's nothing they can do about Bitcoin because it's a decentralized currency that exists on the internet. Only when the world runs out of the internet can Bitcoin kill. Surely it won't happen.

Identifying a bear market is difficult right now as Bitcoin is on a strong rally. The market is currently in an uptrend and shows no signs of stopping, the entry of large investors and the low Bitcoin count on exchanges has strengthened our confidence. Investing is constantly pouring money into the market, and withdrawing capital isn't that easy. To end a bear market, it is necessary to keep an eye on the profit-taking of large hedge funds. Only when Bitcoin stops rising and at the same time bad news regarding cryptocurrency happens.

Quote from: Lorence.xD on April 14, 2021, 09:04:28 AM

Quote from: ilovealtcoins on April 12, 2021, 01:27:42 PM

In my opinion, buying Tesla with Bitcoin has two meanings. The first meaning is to buy a Tesla car with Bitcoin. The second meaning is to buy Tesla stock with Bitcoin.
Both things have probably already been done as Binance today announced they will list TSLA tokens on their platform.

Is the token really the same as a Telsa stock? That is quite peculiar for a company to have a token as a stock maybe I just need to be accustomed to it since this is going to be a start for something new, the only problem that I see is if I bought a token, am I recognized as a stock holder too?

Sure, it's the same as buying WBTC meaning you hold BTC. Token holders representing Tesla shares are also Tesla stockholders. Issues related to rights such as dividends or investor meetings need to be answered, I think Binance is responsible for this issue.

Spend that money on marketing and place your tokens on Pancake or Uniswap. It is best to set aside about $ 10k to add to the liquidity pool to create a caption value for the project's tokens. Do not try to put your project on a centralized exchange because fees are expensive and can be ineffective.

Bitcoin is not just currency, Bitcoin is also a store of value. Bitcoin's supply is limited and the rarity increases over time.. So holding Bitcoin has the risk of changing in value.Bitcoin helps people manage their own money, away from banks and complex legal barriers. Bitcoin holders have a right to privacy with their funds. Because of the above reasons, Bitcoin is a preeminent currency.

Quote from: LeGaulois on April 11, 2021, 01:56:05 PM

Quote from: NatureMoves on April 11, 2021, 12:03:24 PM

Banks and/or governments can not create a decentralized currency, they can only create a state currency and there is a big difference.
Since they can only create a stablecoin, I can't imagine people speculating on it more than with traditional currencies.
So if you expect to see people buying state coins and wait to see the price pumping. Nope it won't happen

Quote from: Theb on April 11, 2021, 12:41:51 PM

They didn't start to work on this digital euro to compete with cryptocurrencies. They perfectly know the difference between a digital coin and crypto and know very well that people interested in cryptocurrencies is just a speculation matter. This won't be the case with a digital euro coin.

They did it as an innovation in digital payments means and to avoid being dependent on certain networks. By networks, I mean some companies like Visa and Mastercard

Banks only create cryptocurrency for everyone to use, and it will be their closed system. The source code specification is certainly closed, modified by the bank. Decentralization does not happen in these currencies. It will be just like the USDT we know, representing 1 $.
I don't worry much about this currency as everyone will have their right choice.

Quote from: crzy on April 12, 2021, 01:12:12 PM

Quote from: ilovealtcoins on April 12, 2021, 12:44:12 PM

Binance is currently the hottest cryptocurrency right now, having consistently hit ATHs over a short period of time, today at $ 600. BNB's trading volume surpassed Bitcoin today. I think BNB will be worth $ 1000 soon this year. It's hard to imagine that in just a few short months BNB has grown from $ 40 to $ 600.

The hype of CZ Binance on twitter is working perfectly and I saw that the ETH is just 3x ahead of BNB, this mean to me that hey are aiming to replace ETH on top and they are already delivering the good prices in the market, this is possible to happen soon.

We are able to reach $600 in just a week, now we're looking forward to hit $1000 this quarter. BNB is indeed on of the best altcoin today, they keep on growing, can't way for the next tweet of CZ Binance about the "not a financial advice" series.

If we look closely, we can see that the Binance Smart chain is too new to Ethereum, but their advantage is to create a 100% compatible bridge with Ethereum so users can use the same wallet address for the two platforms. blockchain platform.
In addition to the hype, CZ is also the owner of the crypto exchange Binance. So it is very convenient for him to use his power to increase the value of BNB. Everyone's money deposited into Binance is also CZ's so he has the right to use them.

China has grown rapidly since 1980. They have been proactive in most economic activities, China has made great achievements in its economy and when we look at its growth chart we will not be surprised. because of their speed.
America is rich, but it has different internal problems. The last pandemic has shown that the US did not do well and adversely affected economic activities. That's also something other Europeans can't do. China has curbed the pandemic well and brought economic activity back on.

Just maybe, it's a risk, but it won't happen. Miners make a living by mining Bitcoin, If they collude with each other to attack the Bitcoin network, it also means that they accept to crush their rice bowl. Not a single fool comes to see what he has created, crumbling.

Bitcoin will not replace anything. Right now Bitcoin is struggling against banks. Bitcoin can only stop at a store of value and as a payment currency.
Gold and oil have many advantages that are difficult to replace in both industry and scientific value.
Gold has become a store of value for many years for nations and is good at fighting inflation.
The oil used in energy industries, indirectly serving many other industries.
Gold and oil ensure national security, global economic security.
Bitcoin is very new and cannot be compared to Oil and gold in many ways.

Quote from: ene1980 on April 08, 2021, 10:43:10 PM

Quote from: ilovealtcoins on April 08, 2021, 05:09:23 PM

XRP pumps are because they won the lengthy SEC litigation. XRP was pre-pumped with the winning news before the news was made public. Looks like the big hands took action before there was good news about XRP.
Along with the good news that XRP has, the BTC Domain is declining rapidly. Cash flow is pouring into altcoins, TRX and XRP have increased in price because they have been held at price for so long.

I am not sure which news you are following, i could not find any article that says that the SEC lawsuit is settled and it is not going to be an easy settlement even if that happens, the report i can find today is that the Ripple CTO claiming that Ripple and Bitcoin are the same which is bullshit to its core, you cannot even compare a centralized token with bitcoin and it looks like he is just blabbering thinking it could convince the SEC Tongue

Despite the unorthodox news, Ripple's argument is controversial. This source has also caused a stir, it seems that everyone is a fan of Ripple. This lawsuit will last as long as you say but I have faith Ripple has a decent deal with the SEC.

I often exchange knowledge with crypto-savvy people, sometimes we talk about new projects. Currently ICO, IDO is a very hot topic, we talk about projects with high-profit margins and ways to be able to participate in those projects.
By exchanging knowledge and information I now have some solid other knowledge and quickly update information about cryptocurrencies.

His idea is to advise us to act as a trader and to have goals to be more profitable.
He does not understand that most traders have lost money because of their actions and the movement of the market. The crypto market is tough, and it has always been. I have found that crypto holders always have better returns than traders. Risk in trading is more frequent.
In the art of holding crypto, just keeping the wrong crypto is considered to lose the invested amount.

Miners have been holding Bitcoin ever since and when they have enough money to cover the mining factories' costs. The miner's stop to sell Bitcoin is the driving force for Bitcoin's price appreciation in the long term. I am sure whales and sharks will continue to have Bitcoin value manipulation to create panic sell times to collect more Bitcoin. Look at the recent market dump, which lasted only a few hours or days.

Microstrategy has always been buying Bitcoin for a long time, not sure when it will stop buying. Miners currently tend to keep their bitcoins instead of selling them. Combining the above creates the scarcity of Bitcoin in the market. I believe Bitcoin will soon increase in value as the purchasing power is getting bigger and bigger as institutions and individuals are actively buying it.

Too many transactions are done on the Ethereum network. The reason for the high price of Ethereum is mainly related to the operation of DEFI projects.
Ethereum has a small block size while too many transactions happening on the Ethereum network will cause a dispute between transactions and make a GAS price rise take priority.
If Ethereum is scalable, increasing the number of TPS and block size could help reduce GAS costs.

I hope this is the first round of the altcoin bull cycle. The next thing is for Bitcoin to reach $ 100k and the rest of the market will grow again like this.
EOS will reach $ 30 soon, XRP will reach $ 6, TRX will reach $ 1.5 ...
There are many targets for altcoins in the meantime. We can fully believe the market will continue to grow. The most important thing right now is that Bitcoin must maintain its value.