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July 01, 2022, 07:16:07 PM *
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1  Other / Beginners & Help / Re: Almost all NFTs are scam on: Today at 03:18:09 PM
Large companies and corporations are also excited to participate in the two fields of NFT and Metaverses, so I think it has a big chance in the coming bull season if it can survive this bear season.
If the metaverse and nft season continue and with the recent news of facebook meta integration. Its only a matter of time before other popular companies and huge corporation make their own system with the nft. For sure this will heavily criticize by some nft haters. But so be it. Its only a matter of choice anyway, when btc is becoming a trend some defend its potential. Now for those who are also into nft, they will defend the use case of this as well.

For those who are haters. Im pretty sure majority of them never use it but only hear the negative of it. Then talk a lot about it here about all the bad things on nft. Even though they arent touching or experiencing it.
2  Other / Beginners & Help / Re: Centralized Exchanges and Government should be avoided on: Today at 07:15:27 AM
I do not see the need for the use of centralized exchanges as a cryptopreneur, also considering their collaboration with the government, centralized exchanges are taking advantage of countries having in consideration the implementation of cryptocurrency regulations for their own interest/business growth and not for cryptocurrency adoption and growth, users should learn to remain decentralized.
Why do you think there is government? There should be an authority. I agree that crypto is best on decentralized space. However, can we stay that way forever? Sooner or later we like it or not, there are a time that they will really intervene to propell every major mistakes or wrong doing on decentralized. Its not decentralized is not good but take a look as well on those scammers who uses its feature for their crimes which easily escaping free and earned a lot of money from the people.
3  Economy / Trading Discussion / Re: How certain are you that cryptocurrency will experience more parabolic bull runs on: Today at 05:55:27 AM
How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?
Yes definitely market will recover and we just need to wait. There is no certainty but Im sure as Ive been staying for few years and Ive saw how the cryptocurrency go back or surpass its level. Its just need time and growth more.

Imagine someone completely buying bitcoin throughout the years and never selling. The supply shorten and thats what makes it in demand. In time people will realize this that most bitcoin are getting lower and lower.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi is not decentralized, DAO is also not decentralized on: Today at 05:22:51 AM
Maybe we can called it semi decentralized. One thing that makes them decentralized ia the public ledger and transparency of all transactions and token counts which cant be controlled by the developers especially those tokens that has been spread or distributed. Smart contract is made to have a decentralized approach using tokenization. Now what made it looks like a centralize is the token percentage of the team could be larger on some but as time passes by. The wallet who owns the freatest amount could do a vote and made a major decision. It seems like stock share holding meeting isnt ir.

I disagree that all are hacks and scams on defi. Some have decent faces to fulfill their goal and idea towards a real decentralized aspect.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: FTX Is Buying Fallen Unicorn BlockFi for Mere Pennies: Report !!! on: Today at 04:40:03 AM
Thats a huge blow to blockfi when this deal materialize. Imagine a $3billion worth company now at a sudden fall off $25million price. Probably FTX seeking the moment to expand by aggresively taking advantage of the market downfall. He wouldnt buy it if he knew that there is no hope on crypto. But this is a good move also for blockfi to save some dollars. By FTX, ptobably they can support it as they are a good business exchange platform that still has a good revenue on trading fees.
6  Other / Beginners & Help / Re: Crypto Exchanges on: Today at 03:48:24 AM
"Crypto Exchanges are more likely to be compromised, so please put some of your assignments into a wallet right now. Withdrawals will largely stop until the market is stable."

Do you agree or disagree with above statement..
Thats actually supposed to do for users. It always reminded that wallet or non custodial are more safer than exchange. Alwayd put money on cex that arent too big for you to regret as it is centralized. Putting money for trading there and other activity is nice but make sure that you can afford it to lose since it could be freeze or hack anytime.

With the current market right now and you are convenient putting on exchange then better pick major ones like Binance, this is the least that can stop withdrawal due to market situation.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for a crypto that won't depend on BTC anymore on: June 30, 2022, 09:17:29 AM
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Probably yes. But most often they are tied up with btc movement. But you can try to search some tokens that doenst have any pairing on btc exchange or ties with it. Usually those coins are paired only with usdt or being used on dex with another liquidity. Anything with btc pairing would likely be affected as thr value of btc changes drastically so means pulling downward too those tokens and coins.
8  Economy / Speculation / Re: Will Bitcoin hit 100k or more in 2022? on: June 30, 2022, 07:52:07 AM
With the current market I doubt it can easily go to 100k. But of course who knows right? A short stint bull run could happened without us knowing it. But we need some miracles to do that since we are already bleeding hard. It can recover and might surpasd the ATH but definitely not yet this year but will happen eventually since as time goes by many appreciated btc and surely will be valuable enough since its limited only.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best practices for a sucessful Airdrop? on: June 30, 2022, 07:09:17 AM
Airdrops is like a simple thing to do. Dont make it complicated, cause if theres a lot of task its not an airdrop but become a bounty instead. Most airdrops that succesfully release their projects have a simple one. Limited is good to make the value of that bevome worth it. If the project is in seed or private round, youll definitely need more airdrop program to help gain awareness of your project.

Try to check projects on icodrops with airdrops, maybe youll get idea on good process.
10  Other / Beginners & Help / Re: Almost all NFTs are scam on: June 30, 2022, 05:04:47 AM
As of now, I have seen no practical use for the NFT or real utility it offers, except for the hype surrounding it, which is all it has. Unfortunately, that's what newbies are looking for, they want to invest in something that can make them rich quick.
The bear market will be a test of whether the NFT is really worth investing in or if it's just the market's next dying trend.
Maybe you are right but there are use cases that worth looking out for nfts. I think the mover app with nft related is a nice application though. Its just that the first one who did that gmt didnt manage it well, or lets just say Im early to judge them on that issue on their legal stuff. But aside from that, those nft usage Ive saw, usually works as a perks or appreciation thing. Maybe company can use that to generate a way to give benefits to their people which can be converted inyo goods or cash money.
11  Other / Meta / Re: Do you read unmerited replies? on: June 30, 2022, 03:30:33 AM
I don't know if this was suggested before (sorry for repeating if it was) but wouldn't it be better if the replies with the most merites be shown at the top (instead of the most recent ones)

Is a system like this feasible,and can we see something like this implemented in the near future ?
I think thats not good. The current version is more appropriated for the forum. Its not all about merit dude. Some unmerited topics are also good or sometimes not noticed but it doesnt mean its trash post. Thats why I think LoyceV created a thread of unmerited post ought to be deserving to be merited.

Sometime topics arent noticed probably not due to its quality but lack of right engagement. Kike you viewed a topic you dont know how to reply, how could you engage that? It doesnt mean its not good, cause probably people who able to see and understand will merit that not those who just visited and no clue whats that.
12  Other / Beginners & Help / Re: Almost all NFTs are scam on: June 29, 2022, 09:55:09 AM
Newbies, NFTs should be the first thing you fear the most in crypto space, look at bitcoin, its usefulness and scarcity makes it valuable, Look at real Gold it's very rare to see and this makes it valuable, imagine if everyone on this earth has Gold in their backyard will Gold retain its value? It will be plagued with devaluation right? This is exactly what NFTs are today, everyone can create theirs.
Problem with nfts are those which arent needed are sprouting and keep swarming the crypto space. There are some worth watchin and investing but not all are good and some just created for hype and follows the trend for some quick scam cash.

We cant let those to continue but since this is a decentralized space, I guess whats trending will always be the talk of the town. People soon realize this that some arent bound to put up some hard earned money.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: If USDD is "overcollaterized", why did it lose its peg? on: June 29, 2022, 04:27:30 AM
I would steer clear from any algorithmic stablecoin as they're prone to failure. Only collaterized and regulated stablecoins like USDC and BUSD have a future.
Actually yes. These are two of the stablecoim I only have and way more trusted than other ones. USDD can still keep up for now but when too many whale decided to fuck up and found a loop hole on Justin, for sure they wont hesitate to bring tron as well just like what happened to arrogant Do Kwon.

We can not ask for decentralization in TRON and USDD at least now. At least so far, Justin Sun has better reserve for his USDD stable coin. He did not sacrifice TRON to save USDD. That is different than Do Kwon as he sacrificed $LUNA to save $UST. When both died, he changed his mind and say Terra is more than $UST. I can not believe in this guy.
Thats the difference. Justin has way more than deep pocket than Do Kwon and he can able to generate funds to fight backs those trying to pull him down. Its a long way to go to beat down tron, and I assume they will strive even for a longer term. Just that this system has loophole and they should be very careful. Also reminding the investors to not go all in with the sweet apr they are seeing now.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: New projects to review on: June 29, 2022, 02:57:24 AM
About new cryptocurrencies what interests you most in an ICO? What strengths and weaknesses in the ICO? And what values ​​do you as an investor observe before acquiring a crypto asset before its launch?
For me ICO is a very risky gamble. Yes I am investors to most ICO and I could say not all are profitable and some really are down from its price. In order to pick a good project, you must taken into account a lot of factors.

For example, team members and partners. Some really like to check whether the VC are those commonly dump their projects. But if you see a logo of a good VC make sure they are really into that partnership cause you might got faked because its quite easy to put a name and used someone company for their own sake.
15  Other / Beginners & Help / Re: Fear of losing my coins grabbed me by neck on: June 29, 2022, 02:48:19 AM
Brothers and Sisters on the forum I need your help, I don't have money for a hardware wallet and all I have left is android wallet, the problem is fear of copying my private key into something else, I have come to realise that clicking on COPY on your phone can be dangerous, where to decide to PASTE can be unsafe too, for those who aren't using hardware wallet how are you doing it? What is the safe procedure with mobile wallet users.
Ive read some cases on axie infinity community regarding this kind of virus wherein you copy an address and paste it then the wallet is different suddenly. When they transact the tokens sent to the wrong address. So be careful when you click links might get some malware like that.

To be safe actually using free wallets download is never try to join massive airdrops with potential scam links. Cause you might get those kind of viruses that could resulted to hack.
16  Economy / Trading Discussion / Re: Be careful ! 4500 Bitcoins has send to coinbase pro on: June 28, 2022, 07:18:26 AM
4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.
I'll worry if those 4500 will be dumped and another huge quantity holder dumped. But checking out total volume on exchanges its like gonna pass through since volume isuch higher, if this is like 1milliom bitcoin then we can start worrying. Exchanges created a lot of volume more than that. Also who knows what it will be use for and not for selling anyway.
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin the only option left on: June 28, 2022, 02:50:42 AM
Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.
Security wise bitcoin is the safest compared to altcoins. Yes there are plenty of incident on cryptocurrency infustru about hack so beware of where youll putting up your money. People keeps innovating and of course they arent creating a perfect platform for that so these issues will continue to happen on those platform whether we like it or not.

If for long term goal and you wanted to park your money, bitcoin is the best asset there for you without worrying of its value getting near zero.
18  Other / Beginners & Help / Re: When to take profit? on: June 28, 2022, 02:02:50 AM
I am thinking of taking out my initial investment when I double my money and just leaving the profit to see what returns I can get long term. Is that a common way or is it best to just take small amounts at a time?
Because greed is on the way actually.

There are lots of users including myself whom already gained more than 2x profit but due to greed didnt sell and when the time it go down will sell it. I dont know too but why did I sold at a time it should be. The perfect answer is people become greedy and this is one thing hard to control cause we wanted more and we cant dump due to this eagerness of us to earn more. I suggest when in profit dont hesitate or at least take out your capital money.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Among all which do you hold on: June 27, 2022, 05:14:54 PM
Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

You can do trading by means of scalping or you can do staking by means of holding. Among your list, I think scalping is the best way to increase your portfolio since the percentage on staking of those coins arent good enough and required a lot of coins for example eth. Im not sure the 4th coin what it is. But youll thrive considering you are holding top coins.
20  Bitcoin / Bitcoin Discussion / Re: As some people want bulls some people want bears, bitcoin like season on: June 27, 2022, 01:21:44 PM
Do you know the irony of the matter. If I say it people may get mad at me. The fact is that I am praying that bitcoin should remain within 19k to 21k zone till October this year, so that I could buy. It is by that time that I will have the fund to buy bitcoin.
Op has just said it, as some wants bull, some wants bear, and I am among those that wants bear for now.
Not really. Yea for those who are trapped with a higher entry and seeing you wishing the price to go bit lower or at least stay in this level will let you be criticize by those guys since they wanted to get their capital but the market will decide for that. If its gonna pump then so be it. No matter what we wish or aim, we cant do such things to stop it though.
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