I think this is a common thing where many verified Twitter accounts are hacked and turned into vitalik.buterin accounts to create fake giveaways with 100,000 ETH to be distributed, this is very illogical and how can there be a giveaway of that size, but somehow scammers have to stay alert for any scams, whereas verified accounts usually have a lot of followers so the target of scammers is their followers who don't know anything and try to do it, that's what we need to realize that it's all a scam. There is one thread from @ajiz138 about scams with verified Twitter. Fake Giveaway Ethereum: by using the blue tick (verification) on his TwitterA similar scam on Twitter has recently become widespread. And if you conduct your own research, you can easily establish that this account has been hacked and is being used for fraud. But a beginner, when he sees a free distribution and a photo of Vitalik, does not want to think and as a result loses his money. |
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...I am pretty sure the website mentioned in OP is scam and there are thousand more like it but I’m not able to digest the fact that money can be pulled out of our wallet when it’s connected to third party !
After the information provided by the OP about the possible loss of cryptocurrency, I also have no desire to test this site) Obviously, when connecting the wallet, there was also a request for permission to withdraw funds, which the OP does not mention in his message. |
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Dogecoin is the first coin whose creators initially indicated that it was created as a joke. And with the introduction of such a concept as a meme coin, Dogecoin began to be called its ancestor, which later turned into the mass creation of such coins on the cryptocurrency market.
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People say Do you own research to wave any responsibility for their words, and to add some sophistication to their advice. On practice it's a meaningless phrase, because newbies don't know how to do their own research, and if someone were to teach them, it would no longer be a newbies own research. Trading is the only sphere were people are told to do their own research, and it's not a coincidence - this phrase is just a waver of responsibility. No one tells people to do their own research in language studying or farming or mathematics.
Any field of activity where it is possible to lose your money should use your own research. And accordingly, no one's words can be perceived as a guide to action, since financial losses will be borne not by the one who advises you, but directly by you. As you correctly noted, DYOR in this case acts as a warning, thereby relieving itself of responsibility for the decision you have made. |
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...Just look it this way, this is the first time that the SEC will lost a case against crypto projects, so this will set a precedence, "A Ripple effect" across. SEC can't file any more cases against projects and says that they are security or any projects for that matter.
You're starting to celebrate Ripple victory over the SEC too soon. Until we see the decision of the federal court in this case, we cannot claim that Ripple has won over the SEC, because we may see a completely unpredictable decision. But in any case, this decision will be used as a precedent in the future. |
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XRP is a coin that can be different from the others, when most markets are red but XRP can rise and increase more than 50%, this proves high trust in XRP after they won a lawsuit a year ago.
I don't know where you got this information, but to date, Ripple has not won any lawsuit, since it has not ended yet. It is known from the latest news that the Ripple and the SEC have filed a petition to a federal judge to consider the case in summary proceedings, i.e. without a jury. In this case, we can expect a decision on this case in early 2023. |
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...They cannot find out, if a person has BTC or not, or how many Bitcoins he/she has... This can only happen if such an address has not been publicly published and if the person has never traded on a centralized exchange and, accordingly, has not passed KYC. And there is no doubt that sooner or later the regulation of cryptocurrencies will enter our lives. |
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"there were some Miners who were forking ETH to keep a PoW version so that they can continue mining". i saw this on twitter and i don't understand this. Ethereum merge is done. could anyone explain me this which contains in quotation mark ?
do you have the source link? because indeed the Ethereum merge has been completed and Ethereum has really changed its algorithm from PoW to PoS, so I don't think Ethereum can be mined anymore, and according to the information I received, miners have switched from Ethereum to several coins such as RVN and Ethereum Classic for they mine. Haven't you heard about the ETH PoW (ETHW) fork that was held after the Ethereum merger? For this reason, not all miners switched to mining Ethereum Classic and Ravencoin, some of them continue to mine EthereumPoW, wanting to keep their business. By the way, a lot of exchanges supported this fork: https://coinmarketcap.com/currencies/ethereum-pow/markets/ |
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...From the look of it, this a quick money pump and dump project for short term only...
I am confused by the fact that the coin is launched in the Ethereum ERC20 blockchain, although I have seen from experience that such coins aimed at pumping money are most often launched in BSC and Poligon, since this requires less financial costs. |
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I looked through the whitepaper of this project, which consists of 6 pictures and did not get any useful information for myself. Why is there no information about team members and early investors of the project? This is important information for those who decide to invest in your project.
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XRP is very convincing, this week rose more than 37% when the market in general Red, this is our hope that with XRP we can profit, I'm sure the positive trend XRP will continue until the end of the year and can touch at least $ 1.
It is obvious that the XRP pump was caused by the news about the possible completion of the trial by a settlement agreement between Ripple and the SEC. But since any pump is of a short-term nature, now we are seeing a decrease in the value of XRP to the previous values, but it is possible that the price will drop even lower, for example to 30 cents. |
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...looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years...
There is no guarantee that the coins you selected with a low capitalization will bring a big profit. And the opposite may happen, that you will lose all the money that will be invested in these coins. So it will be more like a casino, not an investment. |
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Hello I am looking for a reputable crypto exchange with good 24 hr. volume/trading and a fairly reasonably priced or free listing. ..
You will not get comprehensive information about the listing price here, since there are no representatives of "reputable crypto exchange" here, and the price for this service may vary depending on the state of the cryptocurrency market. Therefore, you will have to contact the support of the exchange yourself, which meets your criteria, and only there you will receive an exhaustive answer about the listing. |
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...I prefer Binance mostly for the P2P trade access that isn't available with other crypto exchanges.
In fact, P2P trading is now a mandatory element for all major exchanges and, accordingly, is not a distinctive feature of Binance from other cryptocurrency exchanges. In addition, in terms of the number of fiat currencies supported, Binance is also not a leader among other exchanges. |
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...according to coinmarketcap the 24-hour volume has reached $24 billion,
this is a very fantastic number, compared to Coinbase which is only $2 billion.
Given the fact that the Coinmarketcap rating belongs to Binance, this is not surprising. But if these volumes are really real, then Binance is a monopolist, which negatively affects the cryptocurrency market. Nevertheless, despite the mandatory KYC, this exchange is really in the first place in terms of its functionality and security. |
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Long term investment is not related to Spot, Margin or Derivatives.
When you invest long term, you must keep your coin in your wallet, not on exchange. If you mean Spot, Margin or Derivatives, you must store your coin at exchanges. That is bad in security for your coin and capital.
In addition, if you invest and store your coin at exchange, you can easily to go with trading because it is very convenience to trade on exchanges. Then you will change from long term investment to trading and it is bad.
Thanks for the advice but these are only hypothetical queries so when reading them please imagine, hypothetically, that wallets don't exist and exchanges are the only place to hold crypto. It should be remembered that with margin trading, your position may be liquidated and you will completely lose your money. In addition, margin trading implies the use of borrowed funds of the exchange, and you will need to pay an hourly commission for its use. So a spot purchase will be safer for you, although it will bring less profit than using margin. |
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...To avoid payment delay for the testnet airdrop participants is the reason why some project dev choose to pay their testnet airdrop in BTC or any well-established crypto its not that they didn't trust their coin.
Can you give an example when the execution of tasks in the test network was paid for with bitcoins? It looks unrealistic: why would a new project buy bitcoins for payment on the test network if they can pay with their coins, which they have in huge quantities and also for free. |
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... The new fork coin called ethereum pow already launched by bunch of scam miners. ..
I don't think you have any reason to call the ethereum pow team "scam miners". After all, ETH itself is a fork. As it turned out, ETHW had many supporters who did not agree with the transition of Ethereum to POS, and accordingly they took such a step to save their business. At the moment, the hashrate of the ETHW network is comparable to the hashrate of ETC, which was before the Ethereum merger. |
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I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day
At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin. |
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