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1681  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I’m done with trash coins!! Looking for something promising on: May 09, 2022, 07:21:34 AM
There's no other promising coins on the space bro except of the top altcoins in the market , coz they are legitimate than what others recommendations in the space, for example a new projects which is clearly very unpredictable.
So you better to stay away to it and choose a project where you can really get good return than trying a new projects that you don't even know if you can get from it after all or not. Be smart and be wise to prevent trash coins.
Actually all cryptocurrencies that are not stable are unpredictable. Like for example bitcoin. All of us thought that the correction is over and the price will now cross over 50k but nope that didn't happen and it shocks us all that the price fall down consistently and we are now again at the new support.

Take note, bitcoin is the first and the oldest cryptocurrency so how much more those that are completely new in this field? They didn't establish their reputations yet. That is the main requirement here to stay alive. Trash coin is already in its name "trash". I don't get why someone will still pick this up? What will they get on this type of coins?
1682  Economy / Trading Discussion / Re: Advice for poor people who wanna get some crypto on: May 08, 2022, 10:24:03 AM
Why should you look for a free one. Actually crypto provides many opportunities for us if we are good at using it. for me nothing is free, we all have to start from capital. If you have knowledge of crypto, you can use it to participate in bounties. Of course they also deliver what they promise. You just need to study well to reap the rewards. It's hard for beginners, but that's what people who have been successful in crypto have had to go through.
I wouldn't say that it is not free, but it is not paid with money if you do not want to. I mean you could use your labour as your capital and earn that way as well. Crypto is filled with things where you can work and earn money and that means you could spend hours and earn money.

This was for example true for axie infinity up until very recently, there were some people who worked as scholars and earned a lot of money from it, literally hundreds of dollars per month, and that usually leads to people living a better life because hundreds of dollars are a lot of money in some nations. Imagine working few hours a day and earning more than most of your countrymen.
1683  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: May 07, 2022, 11:45:30 AM
Greed is of major concern in trading and other businesses as a whole. When it comes to trading I think having a stop-loss is going to be helpful in this regard. We need to have a target that when it gets to our target easily pull out but then even after getting to our target greed comes into play especially when we see that the coin we invested in is still flying high. Some would then decide to continue instead of taking profit and they end up going below their capital. This calls for discipline. Set limits, set rules for the risk you take and try to stick to them.Greed most times doesn't pay even though sometimes we might just be fortunate.
Actually not mainly in trading or other forms of businesses but greed is mostly known in gambling. This is where it originated but later on adopted on other fields. We have several threads here about stop loss and each of users have their own different opinion in regards to it but I think, one thing is for sure and that is to identify your goals first. When you are done with that, that's the time you can tell if stop loss is really helpful for you or not.

If you have set your own goal, you must follow that no matter what, happens. So what if you see the price still flying? Just ignore it because it wasn't in your plan and you never know that it was only a trap. I am sure you don't want to lose more, than what you already earned.
1684  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi network on: May 07, 2022, 06:42:31 AM
This is possible a scam scheme. We all knew that a project like pi network whom doesnt really have on chain isnt a blockchain project. Also they have kyc, without any chain? So whats that a networking project? So for surr this pi inu is another hype scheme also and newbies must be warn. If they gonna make a blockchain project make sure that its somehow worth a while to invest with not like this.
I am really not getting what this project is all about, I don’t get why a project would be launched for over some years now, and still have not done anything to show that they are serious about it.

A serious project would have launched for long now, so I just don’t get why they continue to tell people to keep mining their coin when it’s really just worthless doing that, you are just mining everyday and at the end of the day you are getting nothing and it has been like years for now. So, this is definitely a scam busy stealing people’s info.
1685  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your take of NFTs? on: May 06, 2022, 05:49:29 PM
We cannot say that NFT is an investment in the sense of an investment, nor can we say that it is just noise because it has become a reality and continues to expand and spread, we can say that it is a new innovation and a revolutionary solution to some of the problems that we can encounter in Crypto especially scarcity and protection of intellectual property rights, I think it A civilized solution that corresponds to the development of the technical era, but of course there is a bit of exaggeration and chaos as well, for example there is an NFT worth nothing that was sold for millions of dollars and this is like crazy!!!
NFTs can be an art and in the real world there are people that invest on paintings and other artworks. They have a value and they can sell it later on. The same thing can also happen in NFT. It is a noise because it's a new thing but along with that, there are scammers that will use the noise to take advantage and gain something for only for themselves.

NFTs might started only as a concept and many people speculated it but now it becomes a reality which makes those speculators happy because finally their wish has come true but those that didn't expect this NFT, they are the ones that usually hate it. They think NFTs are just another useless addition in the crypto space.
1686  Economy / Speculation / Re: $1 Million Bitcoin On Track To Break This Price Level. on: May 06, 2022, 03:36:14 PM
I also have great confidence in Bitcoin, despite all the difficult circumstances we are facing. I am confident that Bitcoin will regain its position soon. There are many factors that made Bitcoin face a decline, but this will not last long. I expect that we will witness a rise soon in the fourth quarter of this year. I also expect that Bitcoin achieves a new ATH before the end of this year, so I think this is the best time to buy more BTC and HOLD until we see a new high.
I do agree that the price will go up for sure. I am not sure about the price being that high would be a possibility this year, it could drop a bit and that could result with a bad situation for all of us, but even if it doesn't drop, even if it goes up, I am not sure about ATH.

I feel like Q4 will bring us 50k+ and that would be all, somewhere between 50k to 55k and stay there until end of the year. Then by 2023 we are going to see the ATH broken all over again. This is something that I am guessing though, I am not entirely sure if it will happen or not but breaking ATH next year seems like a thing that will probably happen instead of it happening this year.
1687  Bitcoin / Bitcoin Discussion / Re: Concern of illegal use of crypto on: May 06, 2022, 03:02:05 PM
Recently Indian Finance minister N.Sitharaman said Money laundering, terror financing biggest concerns around cryptocurrency...
What can be the remedial step to address this concern.

https://www.bgr.in/news/fm-nirmala-sitharaman-says-biggest-risk-of-crypto-is-laundering-terror-financing-1259977/
This is simply blatant accusation with no actual proofs and if the actual find the illegal transactions only with cryptocurrencies then how these terrorist group and illegal transactions happened before 15 years? Stupids can tell anything so anyone with common sense can identify and ignore them.
I wouldn't say they are accusations. I mean crypto is known to be used for money laundering and even funding terrorist organizations like ISIS, there is no denying that and it has been proven so far. The thing is, if crypto didn't existed, would these things not be done in fiat anyway? Or isn't it done with fiat even right now? Not like crypto just replaced fiat in this sense, we are talking about basically taking over the whole situation as a whole. No, it just created an alternative and that is it, nothing more.

This is why I believe that we have to realize the purpose here is not to show what bad things crypto could be used for, we know it could be used for bad things, but these same bad things are done with fiat as well, or there are so many good things done with crypto as well and ignored.
1688  Economy / Trading Discussion / Re: cryptocurrency trading courses on: May 05, 2022, 08:49:52 PM
It's true we will never know until trying it, after all based on my own experience, Udemy is good enough for beginners and also the price offered is cheap with the knowledge that we will get. Another positive thing about Udemy is that there are many positive reviews about Udemy, so at that time I did not hesitate to try trading courses on Udemy. But that doesn't mean Udemy is the best and doesn't have flaws, there are still platforms that are better than Udemy, but the price offered is very expensive.
I think this site is great enough since I've been hearing lots of these in the past but about the prices offered I think they can differ depending on the author of those courses. High quality courses doesn't usually come cheap but they can be worth it compared to those cheap ones where you cant become really good after finishing it. Udemy has a positive review but I think there are still individual reviews depending on the course.

We should look at them too before we purchase so that we know what to expect and we can minimize our chances to get scammed by picking a bad quality course. Social media is a different thing and cant be compared to sites like Udemy.
1689  Bitcoin / Bitcoin Discussion / Re: How do you spread BTC to people within you on: May 05, 2022, 07:26:51 PM
I just let those who are interested in it that I have been earning from crypto for long time now.
And I would tell them how my journey starts and how I earn on crypto.
So far I have some friends and even family members who got interested with it and also used it to gain extra profit.
Well, when you talk about profit people are definitely going to get interested in it. But, I don’t like going about it this way because whenever I tell people that I am earning from cryptocurrency, they always ask questions like, how much are you earning? How much will I be able to make?

And other questions like that, and I am not the type of person that likes to tell people what I’m into or how much I am making, I just prefer that it is kept secret and not being talked about all the time. But it’s alright if that’s how you like to go about it.
1690  Bitcoin / Bitcoin Discussion / Re: BTC cycles and super cycles on: May 05, 2022, 06:11:15 PM
The only global events that would break Bitcoin are a global Bitcoin ban and a World War III(or maybe a global natural disaster).If those events don't happen,I'm sure that Bitcoin will be fine and we will see another ATH in the upcoming years.Is the Bitcoin price moving in cycles?It probably is,but I don't care that much about proving this "cycle theory".All the hype around the BTC halvings is kinda like a self-fulfilling prophecy.The people are buying,because they are expecting the price to go up and their buying activity is what makes the price to actually go up.As if they are trying to pump the price on purpose. Grin
The chances of a global ban on bitcoin is very slim and I don’t see that happening. As for World War III, that’s the one thing I never wish to see ever happen in this world. Countries that have found themselves in war, it’s a situation that they would never wish to ever be involved in again, because it destroys everything about the country, including the economy.

If there happens to be a war, I don’t think that bitcoin would be affected badly, any effect that takes place wouldn’t be that much on it. That’s just what I think.
1691  Economy / Economics / Re: Does anyone care about the environment? on: May 05, 2022, 03:55:36 PM
I don't think that this is not gonna that much effect  on market . But Without knowing anything Some people say this is just part of the ecology system, but I would say bitcoin is part of the ecology system because bitcoin mining requires a lot of electrical energy and generates a lot of heat.  So I would say that if the scientists point out these, then the market will be affected, but it will not be too much.
It really won't. Scientists are the least listened experts of their field, most people in most fields get their words in somehow but when it is scientists’ people rarely listen to them. Most of the time it is not really that much of a big deal because it is not an important thing but sometimes it is very important like climate change and they yet still can't get themselves heard.

This is why I believe that "rebellion" will not be heard that much neither, because if they were capable of getting themselves heard then they wouldn't really need this to begin with as well. World will slowly kill us all and that will just be our demise because we did not care at the correct time.
1692  Economy / Economics / Re: Bitcoin Legal Tender in Panama on: May 05, 2022, 01:08:53 PM
Has this been signed into a law already? I have yet to read a news stating that this bill has already passed into a law. I think this remains to be a bill until today as President Cortizo has yet to affix his signature on it. So we will know in the coming days if this will be approved or vetoed or will be resubmitted to congress for specific amendments before being reconsidered.

So far what is clarified is that Bitcoin is not to be declared as a legal tender in the country, but a lawful currency which is to be accepted in private transactions as well as in government transactions such as paying taxes.

It remains interesting to know how the likes of XDC Network, Elrond, Stellar, IOTA, Algorand, and others have been included in the proposed law and whether they will pass the review of the president. 
It is not passed yet, it is basically offered and will be accepted but looking at who is supporting it, they have the power and they will pass it, so it is basically as good as done and that is why it was reacted this way. Legal Tender and what this approves is basically the same thing while giving people options to decline it if they do not want to use it.

This is why I believe that the best case to be made about the situation would be to make a profit if they want to use it, but if they decline it as a whole nation and just ignore it then this would provide of no use to any of us. Even the central Africa and El Salvador deals didn't help us, maybe helped them at best.
1693  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all hacked on exchanges are real on: May 04, 2022, 09:24:50 PM
actually no one really knows who is the mastermind behind the hack, but from the conclusions I read from the opinions here, the exchange party will definitely seek the truth if it is an insider / outsider who did it
and hacking is often used as an excuse for the exchange when the token value goes up 100% and even more so that there is an improvement
Even if it is true that this is done by hackers in carrying out hackers, it may be very difficult to reveal who is behind all of this, unlike if this is done by insiders, it must be very easy to find the perpetrators who carried out hackers, because after all access to enter the system is very dependent on the command. given, a hacker doesn't easily hack if not given access as a notification, there are definitely controls that can be turned off if this happens by an outsider
It's difficult but it's possible. Many crypto hackers on the past have been busted out by the authorities. Once some of the members gets caught, authorities can do something like scaring them to tell if who is their mastermind and who are their other members. If it's an inside job then that is much more harder to solve the case because no one will tell the truth as all of the personnel agreed with that before. They shared the money equally, that's why no one will betray the other.

Hackers are smart dudes and they can bypass any system as long as they are dedicated enough and it won't matter to them even if the security is strong or if they can't get any help from the inside.
1694  Economy / Economics / Re: Warren Buffett and His Expansive Explanation against Bitcoin on: May 04, 2022, 06:56:01 PM
It is good that he describes Bitcoin as having magic, indeed Bitcoin has magic so it enchanted people and attracted them to it, not black magic but the magic of the high features and characteristics of Bitcoin that make it superior to the dollar and any paper currency in the world, a pathetic bourgeois, who will never understand how Bitcoin works and how it holds that value and that magic!!! I expect if he lived in another country that accepts Bitcoin, he would have said something completely different!!!
Unfortunately the magic in btc is not strong enough to capture Buffett's ancient thoughts and modify them into today's views to understand the core value of btc and it's superiority over his so ever cherished dollar. Even it latter make sense to him, I doubt people like Buffett will publicly want to admit their short comings, he would rather remain stubborn about it all.
Bitcoin's magic is too strong because even top personalities like elon musk have been using btc and not only that but there are also big companies that invests in btc's up to this date. This guy warren is simply not into bitcoin but he prefers other types of investment that are more common to him. We we can't deny that because he is getting old already and usually older guys are not into technical stuffs.

@yhiaali3 if btc has a magic (the good use) then I think there's also black magic or its bad use cases. This is why many are against btc because they can see that btc can be use on wrong doings like money laundering, scams, hacks, and etc.
1695  Bitcoin / Bitcoin Discussion / Re: Unregulated Trading Platforms on: May 04, 2022, 05:02:26 PM
What he said was even quite confusing as he said that it was a trading group and later said it was a trading platform. Well, whatever it is, as long as it is as scam, there is no way that he is getting that money back. It’s clear in cryptocurrency that any wrong transaction you make, there is no reversing back. It’s not like PayPal where you can send money and reverse it if there is a problem, there is no such possibility. He should have done his research before investing his money into that platform, instead he chose to trust them with his money and when he suspected it’s a scam is when he decided to make his research.
I mean there are way too many people who get fooled by people and lose their money, it wouldn't be the first, hardly in the first million probably. We have seen so many places that stole money from people and honestly it is definitely not a deal that I would be upset about neither because if you are gullible enough to think that someone will make you richer than you could hope for, just because they will take some shares of that profit, then you are too gullible to be rich anyway.

The rich become rich because they are ruthless and cunning and they do not let emotions get in the way of money, they do not have trust for anyone but just profit.
1696  Economy / Trading Discussion / Re: So Many Exchanges out there on: May 04, 2022, 01:35:14 PM
I remember how Changelly have me my first start in crypto exchange. The site was user friendly and transactions were speedily done. Then, there wasn't any need for a KYC. Just an email for registration, that was all. I used to exchange my earned BTC from campaigns to Dogecoin on the site. There were few cryptos I knew back then and I felt those penny coins would explode like Bitcoin was doing at the time in 2017. Dogecoin and Lisk were among them. I later got onto centralized exchanges and began real trading and almost forgot about Changelly. Fast forward, a few years later I tried using Changelly again and discovered that it had added requirements that made privacy meaningless.
I do believe that there is a good case to be made about the "newbie" part of it just yet, I am not saying that it is not a good or bad question but at the end of the day there are so many exchanges that it is impossible to decide which one is the best one.

It kind of depends on where you are getting it from as well, that would be a hard decision, because if you are from the USA then it’s different but if you are from another nation then it’s different. Changelly was one of the first I used as well, I can remember as further back as mt.gox using as well and it wasn't that bad, then cryptsy was there, and so forth, it turns out all the "big" ones could go down under one day.
1697  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoPoly - A play to earn game in the POLYGON network on: May 03, 2022, 09:45:05 PM
game theory on Monopoly is planned for one game, after that it's over. There's no incentives for anyone to play after others are broke, which is the goal of monopoly. So how have you solved this? Why i would buy anything that has no value after one game?
Like other multiplayer games, if some of your opponents get busted, they will be replaced by other players that are already in the waiting list. If you are worrying about incentives they also have it. It's said that losers of the game can be able to receive their own token called "LEE". They didn't lie there when they say that it's a win win.

This is gambling and the chance for someone to lose and to go home broke is always there but if they don't want this to happen then they shouldn't gamble at the first place. You aren't buying anything her. You aren't going to buy their game because it was theirs but what you're only going to do is to deposit and play.
1698  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How will Coinmarketcap look in 2025? on: May 03, 2022, 09:22:09 PM
The prices you gave for Bitcoin and Ethereum have been very realistic, we will see them close to this level in 2025, I agree. But your estimates are a bit too much for other altcoins. When the year 2025 comes, I will go back to this subject again and see which prediction is the closest, I am already wondering.
What is clear is that 2025 is still a long time away and we never know what will happen from year to year.
Bitcoin looks like it will still rank first on Coinmarketcap,
better just follow the progress from time to time
But, we can look at the past record of the coins to have an over view if what to expect next. I think one thing is for sure and that is there's always be up and down in the price, year after year but despite of that, btc and eth are still on their same position so I believe that no major changes are going to happen with these coins. that, also the reason why the prediction of the op for these coins are more realistic than to the other altcoins however his rankings are only bit off.

Following the coins progress should always be there if you are investing or trading because that will give you a go signal if what to do next but you must also learn to accept whatever you will see, whether that's bad or good.
1699  Economy / Economics / Re: Binance blocks crypto accounts of relatives tied to the Russian government on: May 03, 2022, 08:44:54 PM
I really can't decide myself whether this action is proper or not.
Ah so you want us to help you decide? Well, for me this action is improper because number one, Russian citizens are innocent and it wasn't their fault on why there is a war between their country and Ukraine.

Number two is, the person is away from the country of Russian but the sanctions are only supposed to happen under the country of Russia and I am curious if how they will know that the person is relative from those who live in Russia? Did the authorities force them to tell? And maybe they give threats that if they don't tell, the truth, something bad will happen to them. They don't have a choice and their relatives but to follow the order.
1700  Alternate cryptocurrencies / Altcoin Discussion / Re: What Top Coin values should I look at ? on: May 02, 2022, 09:44:26 PM
There are so many top coins to buy this year, one thing is to fund your wallet, then the next thing is know the coin you want to purchase. Crypto is not a get rich scheme or a Ponzi scheme that is either based on referrals or daily earnings. Top coins that I'm aiming to bagged this year are the stable coin on Kucoin, KCS which is currently at $17, then another top coin to purchase is BNB when it's dipping. Another coin on my mine is BGB which is currently stable. These coins in a few years, they will pump massively and hits their ATH( all time High) price.
The production of cryptos doesn't stop ever since their world began, which is why we end up with so many good top altcoins now. Having a fund is indeed one of the main things that we should consider because I notice that so many people ask for suggestions like if which coin are good to invest but in the end they haven't invested anything because they still don't have a money in their wallets. They are only good at planning and daydreaming of adding a coin to their portfolio.

But, sadly this is what others think about. The creation of new scam coins makes it more possible but on some platforms, you can get an extra income if you refer more users and they also have features like daily earnings upon signing in every single day.
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