since there is no regulation and also since there is little competition in some cases of exchanges, that means they can do whatever they want and charge whatever high fees they want. additionally there are a lot of other negative aspects to this which makes the whole exchange platforms bad such as the lack of security and lack of support.
it is normal and we can't do anything about it. take a look at decentralized exchanges, we need to eventually move away from these bad centralized ones.
Is is one of the reasons Decentralized exchanges are better that Cex. The monopoly they exert on the market is enough to impact it negatively. It is the more reason why I rate kucoin high too because of its keen interest in minimising platform trade fees |
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Bnb is gradually penetrating the market into major exchanges and exerting its dominance on the market. If it continues in this development regard it will retain its leading position for many years to come which is very good for investors which believed and invested in it early enough during ICO
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Tired of reading news platforms that are nothing but paid press-releases and interviews with yet another 'successful' founder of 'put any ico/ieo you could think of', I came up with an idea to search and study user-generated crypto platforms that could outstrip the other ones here on the Net.
The goal is to finally find an aggregator type of a platform with decent reviews, analytics, etc. No doubt the idea is pretty simple and trivial and there's already such a site as bitcointalk (which is number 1 rn), but I don't remember seeing files in a long read format often.
So, replying to the following questions would help me immensely:
Which of the platforms do you use and why?
What other platforms except for Bitcointalk forum you read?
Do you have your own blog on any of the platforms?
I have felt such unease too as regards cryptocurrency related news churches out from different corners knowing that they are all influenced news. I think the only better option is Cointelegraph.com since they are more like a general social platform with reportage on various aspects of cryptocurrency and its development |
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Hi! Everyone
What do you think is best methods to increase your Altcoin.
Invest in ICO?
Trading?
Hold?
Others?
The best method to increase your altcoin holdings is by batch trading, monitor bitcoin movements and you sell your altcoins before the bear and buy back during the bear before the pump. Rinse and repeat this method severally and watch your portfolio grow |
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The blockchain technology is perfect and has no undoing. The wrongs you see are from people utilizing and managing projects on it. Just like every other technology has been created to enable mankind solve its problems but how we use it to our own cause is now our responsibility
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Privacy, decentralization, low cost and store of value are the key essence of cryptocurrency on blockchain and most times when some of these cryptocurrencies tend to shy away from these qualities it gets me bewildered on if we have lost the true values of bitcoin creation
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If you store coins in online wallets and if the site disappears in a sudden one day, you will lose everything.
Are you scared?
Online wallets equally have recovery phrases or mnemonics which you can use to log into a different compatible wallet. However, the best place to store your digital assets is offline on trezor or ledger but if they are too expensive for you, go for mobile wallets such Enjin, imtoken or trust wallet |
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Its been long I hear anything as regards development from NEO blockchain. I just want to know if you guys have heard anything recently about NEO.
I remember a publication in China dubbing Neo and EOS blockchain as the only blockchain platforms behind bitcoin and better than Ethereum but this is right on paparazzi because in practice, we have not really seen its impact on the industry since 2018 which has become quite absurd. I even rate the stellar blockchain as better than these two as it stands |
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Personally I do prefer storing my keys offline to prevent third party Acess and also incase of computer hard disk breaking down.
One may ask, are paper wallets safe enough from relatives and friends?
My reply is that I have developed my own language whereby I represent the vowels in the alphabets in other to with some special characters which only myself, I mean no other person can interpret.
How do you save yours?
The best place to offer maximum security is offline. Save in your personal diary. I am sure siblings don't go around looking through each other privacy. It is one of the challenges investors had when the QuadrigaX exchange CEO died. If he had saved the wallet private keys online, perhaps access would have been retrieved |
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I couldn't belive my ears when I read the news. I sincerely hope that Justin and the Chinese Government will find a common ground to resolve this issue because the cryptocurrency world needs the meeting with Warren Buffett and other cryptocurrency personalities to hold as planned for the exposure and adoption it will drive
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I do not totally agree with you because IEO has not really stopped cryptocurrency enthusiasts quit making personal researches on the IEO they seek to invest rather, it has also helped newbies in making investment decisions without thinking hard. And finally, the security of funds it offers cannot be over emphasised.
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This Temtum project promises to deliver quantum technology and from what I saw during the interview, they are ready to take this blockchain space to a new trajectory. I like projects with clear ideas on what they seek to achieve, irrespective of how novel the idea might be
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Back then in 2018, I made tons of money trading very low and undervalued coins which spiked few days later. Bear market is actually good for sensible traders. All you have to do is buy low and sell higher at any comfortable rate. Generally, as less glamorous the bear market looks, its the best time to make money
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It narrows down to your taste in bounties. I know a lot of good projects which never took time to get listed and they are doing well in the market. Harmony, morpheus labs, Quarkchain and so many of them. You have to narrow your search to quality projects like these. You can easily find them on the ICOdrops website.
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The deficiencies observed in the ICOs layed the foundation for IEOs. There was a need curb fraudulent fundraising events in crypto inform of ICOs, also investors couldn't really verify teams authenticity and pedigree but IEOs helped to correct these which where a major challenge back then
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Generally, IEOs has only been effective on the reduction of fruad related to fund raising for crypto startups on blockchain which boosted investors confidence. But on a personal level, missing on the IEO for exchanges such as Binance, Huobi and co which you have to purchase thier native coin to participate is as good as nothing because of the impending loss for those coins you hold. That not withstanding, there is still room for improvement
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Every venture that requires money inform of an investment for a profit should not just be properly evaluated but also researched. We should learn to look beyond the hype product developers built to mentally woo investors but on the substance of each project. Because this is what sustains it
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Thanks for the advice alh, but I already have done that to no eval. I'm sorry to have to report this to you guys, but the cost to run the Neptunes now exceeds their earning potential. I have to shut them down...  If the value of Bitcoin rises enough to make mining worth it again I will let you know when I start them up again. Thanks... |
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Hey guys, I really hate to say this, but I have more bad news... We've fried another power supply. I know, ANOTHER power supply?? We lost a power supply some time back but I had an extra one after an upgrade on my PC, so I used it and didn't charge you guys for it. That's not the end of the bad news either. One of the connector cables on a different power supply literally burned in half! I'll have to order another power supply to power 2 of the cubes. With the value of bitcoin still being relatively low, we're going to spend most of the current earnings on electricity, hosting fee and the new power supply. (By the way, I haven't mentioned the cost of the hosting fee yet. It is $75/month plus electricity charges.) I have to say that I am very disappointed in KNC and there Neptune crapware. These machines require frequent resetting because a third of the cores don't want to function any more than 25% of there potential for very long. And, I have had to replace or repair power connectors on multiple occasions. KNC is of little help either, there attitude is that its not there problem... Lastly, I should mention that the cost of maintenance, electricity and hosting is close to break-even. Unless we see a major rise in the price of BTC soon, I might have to shut down the miners until it becomes profitable again. Lets all pray for a BTC value of $500+ very soon. Otherwise we'll be dead in the water ... |
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Dropping in to let you guys know that we're mining again! I'll post the details on the new hosting fee soon.
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