4
|
Alternate cryptocurrencies / Altcoin Discussion / Re: staking is a type of mining?
|
on: January 08, 2022, 09:27:19 PM
|
I stopped mining about 5 years ago as It's not really profitable in Australia as the cost of electricity is really high.
I personally have decided to only stake coins that don't have an unbonding time frame such as ADA and Tezos (XTZ).
Some projects such as ATOM, ICP and CRO have a minimum staking period or require 21 days to undelegate which potentially means missing out on profits from price swings on daily and weekly timeframes.
An example is ATOM/Cosmos, I could have made a decent profit or increased my holdings through trading if I'd traded rather than simply staked them
|
|
|
6
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple makes a $1 price bull set for 2022
|
on: December 23, 2021, 06:40:59 PM
|
Sologenic airdrop is happening tomorrow on binance exchange and other few exchanges too it's still possible for XRP to reach 1.3$ per one coin but what will happen after is unknown, actually this isn't the first airdrop that happened on binance exchange this year
It's highly likely that a lot of folks bought XRP in recent days and weeks specifically to be able to participate in the SOL airdrop tomorrow. I expect there will be a lot of selling pressure once the snapshot is done and the price of XRP will go down
|
|
|
8
|
Alternate cryptocurrencies / Altcoin Discussion / Re: What was the first altcoin created?
|
on: December 07, 2021, 09:44:16 PM
|
That’s what I’ve found in wiki: https://en.wikipedia.org/wiki/List_of_cryptocurrencies#Before_2013 . I’ve looked through coins and found out that the chronology of "borning" of first alts is the next one: - Namecoin (decentralized domain name management, 2011) - Litecoin (first memory-hard mining, 2011) - Peercoin (first proof-of-stake mining, created at the end of 2012) - Ripple (first release in 2012) - Primecoin (launched on 7 July 2013 by anonymous hacker and Peercoin founder Sunny King - Gridcoin (created on October 16, 2013 by Rob Halförd.) - Gogecoin ( introduced by Billy Markus and Jackson Palmer as a "joke" at the end of 2013, in December) That list is not a fully comprehensive one as Tenebrix,Fairbrix,Geistgeld and Solidcoin all came out in 2011 I mined solidcoin back in the day before the DEV said he was re-branding it to Microcash (which never happened), one of the DEV's (coinhunter) is a fellow Australian who lived in Melbourne at the time. https://bitcointalk.org/index.php?topic=38453.0
|
|
|
10
|
Alternate cryptocurrencies / Altcoin Discussion / Re: ICP token
|
on: September 24, 2021, 10:50:49 PM
|
I see, so ICP can't store in wallets like trustwallet, metamask or safepal? so currently there are only a few wallets that support such as "Fido U2F" does it only support hardware wallets? As I understand it https://nns.ic0.app/ is the only official app and you need a dedicated security key to transact with it. the Fido U2F acts a security key using the ledger, I would assume Trezor would work similarly
|
|
|
12
|
Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am not investing in Bitcoin, I am staying with Altcoins
|
on: July 20, 2021, 10:45:54 PM
|
I am not investing in Bitcoin, I am staying with Altcoins
Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.
The best investment in NFT. I really like the platform that is coming out soon - Deedy Digital. Deedy will serve the growing world of digital artists, authors and collectors. Aiming to create the first cross-chain marketplace for NFT and digital content, where artists do not have to pay huge commissions and rely on intermediaries. You've made 15 posts today alone in different threads shilling Deedy Digital which will likely put potential investors off rather than lure them in. The days off bag holders dumping their stash on newbies and people who don't do their research are pretty much gone, investors are a lot more careful these days.
|
|
|
13
|
Alternate cryptocurrencies / Altcoin Discussion / Re: ICP (Internet Computer)
|
on: June 12, 2021, 02:34:19 AM
|
it seems that this trend will continue if the team does not deliver a product and a utility for their coin, I hope this will happen soon because the hype was so much on the occasion of the multiexchange listing.
I think it's not ICP's problem, they are still doing all they can to bring the project to the forefront and scale more. If the bad signals persist, I think this is also a good opportunity to buy it cheaply. I made the mistake of buying 1 ICP at around $400 AUD but I've been buying more as the price tanked and just bought more today. I think the project has great potential and I'm looking at as a long term hold
|
|
|
19
|
Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your predictions for the next Alt to pump after what happened to Doge?
|
on: February 03, 2021, 06:53:56 AM
|
I would say BNB, and that is coming from someone who hates centralization as well. Normally if you told me I would eventually like BNB, I would call you crazy, but looking at the situation right now, I am not saying that at all, I think that is kind of the situation right now, BNB is so good that even people like me who hates centralized currencies could see himself investing a bit, I only have just 2 BNB right now which is nothing, but normally I never invested a single dime into it before this year.
However what they are doing with their website, and all those binance chain works they are pulling off has managed to make me a supporter, it is still very dangerous in my mind because if one day CZ says "I am taking all your money" that means we are done, now you may think "why would he do that?" but I just do not want to risk it, there is no reason.
I'm inclined to agree with you that BNB could do very well, I just think it'll grow organically rather than be one of the Alts that gets pumped. In the short term I'm focusing on which other Alts might pump, specifically those haven't done so well the last few months such as TRX ,EOS and XTZ.
|
|
|
20
|
Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your predictions for the next Alt to pump after what happened to Doge?
|
on: February 01, 2021, 06:44:13 AM
|
For the sake of transparency I hold the following Alts ($ value in descending order)
transparency ? wow but i guess its not going to be a big issue if you wont show whats in your portfolio but what can i do ? you already showed it . doge was a coin that is being underestimated and a few thinks that it will pump again after its last pump that happened years ago and with that observation i came an answer that the coins that will pump next are like doge coin too , coins that are cheap, under estimated but have pumped before . if you own or if your familiar to those coins you will know thier names . I didn't disclose how much I held of each in my portfolio I was simply letting other members know which Alts I think have the potential to do well which I why I invested them, I was also curious what everyone else thought about which Alts were next to be pumped or increase in value I noticed XRP and DOGE are going up again in the last 24 hours, maybe it's time for the long awaited Alt season
|
|
|
|