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1901  Economy / Trading Discussion / Re: Don't buy what you can't hodl. on: March 04, 2021, 05:03:45 PM
Speaking of HODL is about trust in the background, it's the same as don't buy if you doubt its potential. Aiming at HODL does not mean forgetting risk management without managing the risk of loss that can be borne. Because not all coins have the potential in the long term and some even continue to decline in value slowly. We need to get out of that circle before the value becomes truly zero.
1902  Bitcoin / Bitcoin Discussion / Re: Bitcoin could one day be a preferred currency for conducting international trade on: March 04, 2021, 11:08:46 AM
There is a common saying, "the future starts now."
Maybe they mean large-scale trade. In fact, we have started the future of international trade with bitcoin payments for a long time through this forum. And citibank also needs to venture further to various market sites in the world, especially dark web.
1903  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network on: March 04, 2021, 10:44:27 AM
... has over 13 million users ...
The only way this claim can be proven is by looking at the number of coin holders. Even now I can't find their transaction explorer site.

By the way I found this https://etherscan.io/token/0xc456dee9254c10863131b1e1e797d457d5b8d023
If this was theirs, how would someone mine the tokens?

~snip~
partnered into crypto exchanges sites.
But don't expect to get a reputable exchange partner.
1904  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH now available on Amazon Managed Blockchain! on: March 03, 2021, 02:09:30 PM
I remember when Paypal received bitcoin last October (iirc), and it didn't have much effect on the bitcoin price even if we know Paypal has more functions than Amazon.

I don't think the ETH case will make any difference. What I understand from this news, Amazon only makes use of the ETH blockchain in its platform. I don't know technically whether this will impact the traffic congestion of eth mainnet later on.
1905  Bitcoin / Bitcoin Discussion / Re: Bitcoin can / cannot replace the banks ? on: March 03, 2021, 01:38:04 PM
Only through banks can the government supervise and control the money supply in the country. After all, banks are the first legally registered financial institutions, how will the government let them out of the way?
1906  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Where to Buy These Tokens/Coin? on: March 03, 2021, 01:18:59 PM
Please pay attention to the trading volume, I see the volume difference between coingecko and cmc. Small trading volumes are prone to manipulation.

I just use Binance as an exchange and not sure where we can find tokens like these.

Hasn't binance listed a lot of potential crypto already?
If you have been following this rally since it started earlier this year, you will find lots of tokens of this kind that have increased up to 20x on Binance.
1907  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Help me understand price conversion when buying Alts on: March 02, 2021, 11:32:07 PM
Most major exchanges have previews of price conversions in usd in their orderbook sections, such as those on binance and kucoin exchanges.

On Binance
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
On Kucoin
Of course you have to calculate manually to find out the total amount of your order.
1908  Other / Beginners & Help / Re: Need advice on: March 02, 2021, 10:09:44 PM
which one has the lowest risks?
If you ignore first about profit, then mining has a lower risk.
In fact, you can estimate the amount of your loss in advance based on your monthly bill if the coins you have mined have no value. While the investment risk is 100% loss even in just one minute due to various factors.
1909  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 🔴✍️[ANN] Bitcoin Defi is a Bitcoin fork offering a high usable DeFi ✍️🔴 on: March 01, 2021, 06:41:42 PM
after that all coins will be sent to provide liquidity on exchanges that are listing BTCD such as
Huobi, Coinbase, Binance and a few others that will be listing the forked coin.

Will you still send all the rest to the exchange you mentioned if the total BTCD claimed up to the deadline only reaches say 1% of the total supply?
Then, what about the liquidity pool?
1910  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience isn't everything on: March 01, 2021, 02:26:57 PM
Patience in trading and investing is everything. You first understood that the risks were delayed luck and really lost.

When there is a correction or prolonged bearsh market, patience is required to hold your coins. Of course this only applies if you are holding the main altcoin.
There are times when you can't sell your altcoins because the project is dead. Here you have to be patient to accept the losses and start over.
1911  Economy / Exchanges / Re: I think im getting scammed by fox.exchange on: March 01, 2021, 02:11:46 PM
We are sorry for the inconvenience but we cannot do any shortcuts in compliance matters.
Then you have to edit these parts so as not to confuse the users.

No KYC required, we do not require any documents and we do not have registration. fox.exchange is in the process of licensing its services in one of the crypto advocate countries.
Completely anonymous
No registration, no email,
no identification documents needed,
only your crypto public address.


Services that offer anonymity are very popular with crypto users, but you create contradictory policies regarding KYC and that's not a good marketing trick to get attention.
1912  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how to detect and discover rise and explosion alt coins ? on: March 01, 2021, 01:44:19 PM
You have to have insiders at some wealthy institution who are interested in crypto or you have to have a relationship with the treasury of billionaires so that they will tell you when they will buy crypto. Roll Eyes
1913  Alternate cryptocurrencies / Altcoin Discussion / Re: BUSD Vs. USDT on: February 28, 2021, 02:07:19 PM
This is the latest news https://www.coindesk.com/ny-ags-850m-probe-of-bitfinex-tether-ends-in-an-18-5m-settlement
There it was written that the Tether case was closed. But my concern is about doubt and this claim will open up new problems in the future.
Quote
“Bitfinex and Tether recklessly and unlawfully covered up massive financial losses to keep their scheme going and protect their bottom lines. Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie.”

I tend to prefer BUSD at the moment, but still use tether for trading on exchanges that haven't listed BUSD as the main pair.
1914  Economy / Speculation / Re: BTC price is 47k$, is good time to invest ? on: February 28, 2021, 01:53:16 PM
It is not wrong to invest now but, think first about the risks as much as you can afford to lose.
It could be that Bitcoin dumps even deeper. Let's just say you enter today, you'll definitely get a certain percentage risk. In case the price reverses, then your profit is a bonus.
1915  Economy / Exchanges / Re: It seems that KYC will be a must for all CEX users in Future on: February 28, 2021, 01:43:15 PM
In order to comply with local regulations, CEX must do so on request. With this, CEX will also receive legal protection and especially the issue of user fund safety insurance. Of course this will benefit both the customer and the exchange itself
1916  Alternate cryptocurrencies / Altcoin Discussion / Re: If you could not buy Bitcoin in the past, nor Ethereum then buy this! on: February 27, 2021, 05:23:58 PM
BNB is the one I recommend the most.
BNB is still just starting out its own blockchain technology. Since BNB belongs to the number one exchange company, anything will be done to make the blockchain number one as well. I'm sure that many improvements will be made to attract new projects to build a BSC-based smartcontract.
1917  Bitcoin / Bitcoin Discussion / Re: How do I convince people that Bitcoin isn't a financial pyramid? on: February 27, 2021, 05:09:25 PM
Simply put, bitcoin is a currency, not a financial system.
If fiat can be used to purchase items, bitcoin too.
If fiat can be used in accounts payable, bitcoin too.
If fiat can be used in a pyramid scheme, bitcoin too.
Bitcoin still adopts the general fiat function, only its characteristics are more improved and the mechanism of use is slightly different.

The pyramid scheme existed even before bitcoin was invented and the value media used depends on the era (ranging from gold, securities, banknotes, to digital money as it is now). Even if a pyramid scheme had been discovered in the Stone Age, stones would be the object.
1918  Alternate cryptocurrencies / Altcoin Discussion / Re: WALLETS EXPLANATIONS on: February 25, 2021, 04:12:18 PM
Yes, all ETH addresses support all ERC20 tokens. But you can only control all those tokens if you have the private key. If you are using a wallet that supports importing of addresses between platforms, you can usually add a new ticker token manually as well eg. metamask or MEW.

There are wallets that generate a new ETH address for each token (such as wallets on CEX), you can still send any tokens but the balance will not be credited to your account. This means you don't have full control over that address.

This also applies to TRX which supports TRC20 tokens or other coins that support the smart contract feature.
1919  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have 1000 usd , where to invest , on: February 25, 2021, 10:56:27 AM
I suggest investing in a related name food coin, in collaboration with Binance. because it is very tranding at this time or as hype
Choosing a coin depends on one's trading background. Some people choose hype coins because they're a daytrader.
However, the hype coins aren't recommended to be held long term without studying the potential of the coin in depth.
1920  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Scam Coin On Binance on: February 25, 2021, 10:45:13 AM
~snip~
Bitcoin Cash? It's kinda difficult to tell if there is no specification.

Bitcoincash is not a scam coin, but it can trick someone sending BTC to a BCH address. One time ago, I once came across a game with BCH prizes on Tiktok. Apparently BCH also uses "sat" for small units. I don't know whether this unit is used officially.

Speaking of Binance, coin scams will hardly be found on this exchange. They have strict procedures so scammers won't get a chance to expose their coins even in Binance listing news.
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