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981  Alternate cryptocurrencies / Altcoin Discussion / Re: AI blockchains are the future and can surpass Solana on: September 25, 2021, 01:12:37 PM
Blockchain AI projects are unlikely to succeed, and their applicability may not surpass the products of technology corporations in the world today. I've heard about AI and its applications, but have yet to see a project that really attracts users.
Humans themselves are the most intelligent creatures on the planet and human needs only stop at payments, smart contracts, DEFI, NFT, (music, games...). So AI is still nebulous to all of us, it seems that they serve bigger ideas than most people need.
982  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good to invest on cheap promising coins? on: September 25, 2021, 12:49:39 PM
This project is brand new, but I think it is unnecessary and the usage environment is not high because many projects are already listed on bigger platforms, stronger community, more complete source code and important thing. Most importantly, they have investors, big partners.
The above factors make a project successful. I have also invested in similar projects, but the results were not favorable because they kept dormant, the developers were slow and some projects stopped because they probably ran out of money to develop project development.
Don't think too much about the capitalization of the project, sometimes a $100 million capitalization can grow to several million dollars instead of a $2 million project that hasn't moved for several years.
Here are my suggestions. You can refer to other sources.
983  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TRX to $1? on: September 25, 2021, 12:37:39 PM
The ecosystem of DEFI, NFT, Game Play to ear on TRX is not really impressive and many people choose new platforms like BSC, Polygon, Solana, AVAX, FTM instead of TRX.
TRX is hard to compete with new projects, so if Bitcoin goes up to $100k or $200k, then TRX can go up to $1. All altcoins move with Bitcoin. Expecting a breakthrough with an old project is difficult.
984  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 22, 2021, 08:48:45 AM
The CCP won’t save Evegrande, but it will make policy decisions to prevent Evergrande’s crash from spreading to other sectors of China’s economy. Or stop it from spreading to other companies in that sector. There will be capital injections from Bank of China, and lower Policy Rates. Everything will be OK next month. Buy the Dip, it’s an opportunity. Cool

I thought again, the Chinese government will save this company. Currently, Evergrande has paid a part interest to banks and shareholders. They raised money from the families of the group's employees. They seem to be very good at this.
Lehman Brothers Bank is a lesson from the US for China to decide to save Evergrande Groups. The consequences of letting a large economic group die will bring real collapse to the Chinese economy. It will take time and money to restore the world's second-largest economy.
985  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 10 Cryptos Under 20 Cents on: September 21, 2021, 01:43:48 PM
Pay attention to Lamden, a serious project that is taking steps to become better than current projects.
No jargon, use python directly without another EVM. They already have AMM, NFT, BRIG and by the end of this year they will do maximum network decentralization with nodes.
986  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 21, 2021, 01:32:43 PM
The effect from Evergrande is spreading and affecting the real estate market as well as the entire stock market in China. Sinic holdings Group, a real estate development company in China, has lost 87% of its stock value today.


Then the Central Planner of China will have no other choice in this situation. The government will, BRRR-print Yuan into existence, and BAIL EVERY COMPANY OUT if they need it. OR, there won’t only be a great economic crisis, but there will also be the Great Resignation of a leader. The choice is his, Bail out or Resign.

I don't think the Chinese government will save this company because if they buy dollars it will devalue the yuan. This will greatly affect other sectors of China's economy. They ignored Evergrande's call for help in July.
987  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 20, 2021, 03:09:17 PM
The effect from Evergrande is spreading and affecting the real estate market as well as the entire stock market in China. Sinic holdings Group, a real estate development company in China, has lost 87% of its stock value today.

988  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 19, 2021, 08:00:22 AM
I have heard this news a few times now. The company's investors also held a protest in front of the company's headquarters.
The company's stock has also dropped about 10 times and shows no sign of stopping.
EverGrand also has many investments in different countries in the real estate sector. If they declare bankruptcy, it could lead to a real estate market crash in Asia.
989  Bitcoin / Bitcoin Discussion / Re: Today I helped 2 non-crypto people invest in bitcoin on: September 19, 2021, 07:57:02 AM
Tell them about the downside risk and have strategies for getting out. Taking profits is never wrong, that's the principle in investing.
I hope the market keeps moving forward and gives them big profits. Because when the market is long-term bearish, your loved ones will probably be upset because of you.
I'm ilovealtcoins - The one stuck at the top so much
990  Bitcoin / Bitcoin Discussion / Re: Why Do Young Investors Prefer Cryptocurrencies? on: September 19, 2021, 07:50:21 AM
Of course, the enthusiasm of young people will be greater especially when they follow technological developments where many people are currently talking about bitcoin. It cannot be denied that young people are also smarter in understanding or deciding something because here it takes careful thought before deciding something. besides that it takes more effort in investing in bitcoin because we have to be more patient in following this ups and downs crypto market. Many fail to invest in bitcoin because they are in a hurry to decide something so they don't think carefully.

Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.

They were not born into hardship like their parents. Materials are easily obtained through new ways of working. Careers of young people are more dynamic and diverse.
They are young, dynamic, open to technology, but the starting purpose is also to make a profit. Obviously, Crypto offers very attractive profits. Young people today have a habit of spending more money than their parents at the same age. That's why they look to cryptocurrencies. The big risk from cryptocurrency is scam, and there are many people who have lost all their money in investments.
991  Bitcoin / Bitcoin Discussion / Re: Why Do Young Investors Prefer Cryptocurrencies? on: September 18, 2021, 10:02:34 AM
Investing in cryptocurrencies is simpler than other types of investments like stocks, forex. Just open an account and trade with small amounts. Some exchanges do not need to full KYC, such as stock exchanges, forex.
Compared to investing in stocks and real estate, they do not need a large amount of money to be able to invest in them. That shows that investing in cryptocurrencies is simpler and can start with small amounts.
Crypto trading happens 24 hours a day and 7 days a week, which allows people to trade continuously. It is more convenient than forex and stock trading.
Finally, withdrawing money on cryptocurrency exchanges is easier and faster.
992  Bitcoin / Bitcoin Discussion / Re: Satoshi Statue in Hungary on: September 18, 2021, 09:58:29 AM
Ideally, the statue should have a mirror without eyes, nose and mouth or a mirror as per MK4's concept.
Satoshi is anonymous and desires a completely decentralized system. It is better to make 10 statues or 100 Satoshi statues in the premises where the statue is located.
I think it's the same for this one, they molded it into a person that can look like a generic mannequin, meaning that it still delivers the same message, that anyone can be Satoshi.
Ok. It's also a good idea, everyone is Satoshi. But I still feel that Satoshi in the statue is a man.
We cannot know Satoshi's gender. Given his anonymity, the statue should be a Unisex statue.
Satoshi's personal page does not indicate gender
https://bitcointalk.org/index.php?action=profile;u=3


993  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Booming gaming platforms, is it just a moment? on: September 18, 2021, 09:51:59 AM
Projects compete against each other and are of poor quality. Many projects come later based on the FOMO of the community and carry many risks. First, the game quality is not good. The source code and contents are copied from various sources.
Next, they deliberately create fake news and manipulate the community to mobilize IDO. Token matrix is not reasonable.
Finally, the game is easily dumped by manipulation from the project owner or locking the function sold on AMM.
Only a few games are serious and long-term investments.
So we have to be very careful if we want to invest money in gaming platforms?

Sure. There are many tokens that have dropped in value after their game launches. That is not good for investors. Making a profit requires investing money and time in games that have a large enough community and a long-term commitment to building games.
The money is yours, use it wisely.
994  Economy / Economics / Re: vitalik's contribution is also great on: September 18, 2021, 09:44:23 AM
Vitalik is the one who integrated game theory into the blockchain and created smart contracts on ETH 2.0. At the time of launch, the projects held ICOs on Ethereum. This is a novelty and we must credit him. There have been a series of private smart contract development projects since then.
Blockchain 2.0 is a breakthrough and takes crypto beyond just payments.
995  Economy / Economics / Re: What’s consensus? on: September 17, 2021, 02:11:24 PM
Consensus is the basic principle for making a transaction. For Bitcoin, it is the supervision of the nodes in the network, which are the verification hashes for a transaction.
The consensus from Bitcoin inspired many other forms of consensus on later altcoins.
In terms of consensual meaning, is to agree, agree for a transaction to happen. In society, consensus is more difficult to express and may not require consent, but only a judgment from a person or authority.
Consensus and decentralization in crypto seem better because it is decentralized. Consensus on Bitcoin is growing profoundly as the hash rate keeps increasing.
996  Bitcoin / Bitcoin Discussion / Re: Satoshi Statue in Hungary on: September 17, 2021, 02:00:16 PM
Ideally, the statue should have a mirror without eyes, nose and mouth or a mirror as per MK4's concept.
Satoshi is anonymous and desires a completely decentralized system. It is better to make 10 statues or 100 Satoshi statues in the premises where the statue is located.
997  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Booming gaming platforms, is it just a moment? on: September 17, 2021, 01:45:43 PM
Projects compete against each other and are of poor quality. Many projects come later based on the FOMO of the community and carry many risks. First, the game quality is not good. The source code and contents are copied from various sources.
Next, they deliberately create fake news and manipulate the community to mobilize IDO. Token matrix is not reasonable.
Finally, the game is easily dumped by manipulation from the project owner or locking the function sold on AMM.
Only a few games are serious and long-term investments.
998  Alternate cryptocurrencies / Altcoin Discussion / Re: I think Ethereum is more dynamic than bitcoin on: September 16, 2021, 05:07:34 PM
That's just the larger Ethereum use case and family of toolkits for developers to easily create DAPPs with Solidity. Bitcoin still has the ability to deploy smart contracts with the RSK network, but it is difficult to do many things on it.
People pour money into DAPPs and use Ethereum more and you think Ethereum is more dynamic than Bitcoin.
If you go to El Salvador, look at how they use Bitcoin with the Lightning network. They transact instantly with zero cost.
999  Alternate cryptocurrencies / Altcoin Discussion / Re: Is CoinMarketCap a scam? on: September 16, 2021, 05:02:27 PM
Don't look at the capitalization to judge a crypto. Coinmarketcap's criteria in my opinion are reasonable. Large-cap cryptos with both transaction volume and use-cases should only be outside the top 100.
TOP 100 are the best and trusted cryptocurrencies. Look at HEX, its capitalization is really big and it has grown millions of times. It's just a ponzi product. If it was ranked in the top 100, it would be misleading for investors to pour money into such a project.
1000  Economy / Economics / Re: Now UK is facing inflation so choose the best for you.. on: September 16, 2021, 04:58:57 PM
Inflation will make things more expensive and the state will print more money to meet the money demand. So stocks, real estate, precious metals and Bitcoin will be the ones that will increase in value because they are actually scarcer than money.
Inflation can be controlled but they will always affect the economy in a negative way over time.
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