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April 23, 2021, 08:20:10 AM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust centralized exchanges? on: April 22, 2021, 03:10:14 PM
Just never trust anything not to mention something that have something to do with money, as you know money's influence on triggering people's greed is really strong therefore why I always avoid to keep my money for too long in an exchange since moving the money over to my desktop wallet isn't that complicated anyway and always prioritize using dex which right now isn't really good idea considering the fee and all. Such a shame though if the exchange you mentioned really did a rugpull. Honestly this whole centralized exchange make crypto feels like centralized bank all over again.
2  Economy / Speculation / Re: I Sold.... BITCOIN Bull Run Is Over.... on: April 20, 2021, 10:23:32 AM
bitcoin current price still 2.3 times of previous year's highest price and there's always this kind of people who gonna say "bEaRiSh iS cOmiNG" when there's some kind of dump despite just a small little dip that recovers in no time so i'm not surprised if someone is trying to make a fud just because 10% dip .
But too bad, most of people are still bullish with bitcoins and right now is only the beginning, just wait until it reaches $100K because it certainly will, it's inevitable.
3  Bitcoin / Bitcoin Discussion / Re: BTC and Illuminatis on: April 20, 2021, 09:46:27 AM
what do you think those rich people grow their money from? investment. I mean almost all of the rich people are investing somewhere else and this time rothschild happens to invest into grayscale and I see it as a normal thing.
If crypto was really pushed to be this popular as part of their agenda they should've owned major amount of cryptocurrency but nah they instead invest to it when it's already hyped up since a year ago and kinda late not to mention they are doing it indirectly like through grayscale if i'm not mistaken.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: the lowest transfer fee ! wich one ? on: April 20, 2021, 07:13:54 AM
Just use tron, not to mention it has USDT TRC20 within their blockchain and the liquidity is quite high aswell as being listed in many exchange, if what you need is as simple as sending money and there's no need for other unnecessary things then just use it.
actually any coins that are below top 5 by market cap and still in top 20 by market cap would do, most of them have quite low fee except ERC20 ones.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not panic sell when there is dump on: April 19, 2021, 10:02:12 AM
I noticed that most of the time novice was the prime victim of Fomo, why? Because, newbies obviously are zero knowledge here in cryptocurrency,so the result of course , they always loss their assets. In which is not supposed to be happen to them if they begin with study to feed themselves everything here in this type of business anyway.
Well to be fair most of newbies have literally zero experience in term of going against the market manipulation that could hugely affect our psychology hence why they're called newbie and even if someone read so many books they gonna have a hard time to trade in real market because it's just so many moving parts that contributes to the price. They need to alteast experience before hand that they could be easily manipulated and become victim of the market and that's also exactly how I've learned from my experience. Those books and those quotes that people keep saying everyday won't do anything if someone hasn't experienced it yet.
6  Economy / Economics / Re: Turkish Central Bank Forbids use of cryptocurrencies as a mean of Exchange. on: April 19, 2021, 08:52:58 AM
I think it have something to do with the government trying to increase the price of their currency since it seems the turkish currency (lira) has been going quite the down hill this month alone and maybe they thought the money is going out of their country and probably to cryptocurrency market and currently there's phenomenon that happens globally regarding the decrease of daily volume in stock market because most of people are just switching to cryptocurrency therefore a country with economy that's not so strong afraid of it affecting their country. Hopefully turkish people could still use P2P so the ban wont matters.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Learn to appreciate the DIP. on: April 19, 2021, 05:15:13 AM
Dip is like a chance for people to buy and many people actually keep saying to buy when everyone's is afraid but not many people could just do that and most of them got scared shitless first even before making decision to buy and yeah people are in general too afraid of dip although the coin is still above of last year's ATH.
Most of people just gonna disregard the gain that such coin get and just see the negatives therefore why hodlers are the one who always win because they simply won't be influenced by their emotion and not afraid and funny thing is, people also complain when there's pump saying they missed the opportunity.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is it that Ethereum is closed source but other currency being open source? on: April 18, 2021, 09:39:50 AM
It definitely is open source just see their github repos it's full of their source code waiting to be forked by some people and there's nothing to hide. Even how ETH gonna be developed depends on consensus meaning on top of being open source it's decentralized also being controlled by the community who use the coin itself.
just try to get a glimpse of their github repo: https://github.com/ethereum and see the pull request. Also, vitalik is actively reviewing the pull request (his last review was this month) and the ETH repo was supposed to be contributed by various people so yeah he might not stick out as much.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not panic sell when there is dump on: April 18, 2021, 07:11:34 AM
No, it is actually true and there the saying “Be fearful when others are greedy" and that's also exactly how those long term holders that buying in the dip could make such tremendous profit but unfortunately each human psychology works kinda differently that the obvious clue of how to make profit in the market is disregarded and instead many peolpe buy high sell low. But, you also need to remember what's the real reason of the dump? if the dump caused by something that could potentially make the project fall then it's better to cut loss but if it's because usual panic selling or baseless fud then it's better to start buying instead but that's just my own preference of strategy.
It's the emotion that most of the time becomes the culprit in traders making very poor decision.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin high fee has brought dogecoin to limelight on: April 18, 2021, 05:36:18 AM
You're really mistaken if you think all the pumps that has happened in doge market caused by bitcoin high fee, I mean, if you really eager to make a transaction while at the same time didn't want to spend too much on fee there's so many alternatives that's better than doge with less volatility and if you see the pump of doge coin happens right after elon made a tweet relating to doge and it has been like that since the first time elon trying to talk about doge or crypto in general. If you don't believe, try to find doge hodlers maybe in reddit or instagram and ask them, most of them buying it just out of speculation and trying to make quick buck.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Poodle token could be the next Dogecoin on: April 17, 2021, 09:47:52 AM
is it the new trend that people make some meme coin with no real innovation behind it that associates itself with this certain dog breed srsly?
Well if you really eager to make this coin be the next dogecoin then try to steal elon's attention that I'm sure gonna ignore any coin other than doge because he himself declares that he's the CEO of dogecoin somehow. Without the shill of a famous person like Elon that has huge influence I doubt it could compete with dogecoin and big fat chance people just gonna stick with doge and not gonna pump another meme coin.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: My first two ICOs will be Mina and ECO. Good idea? on: April 17, 2021, 07:22:59 AM
Hi guys, please tell me my plan is terrible.
I have gathered that Mina and eco are two solid projects based on my research and general sentiment and also analyst opinion.

I have never participated in an ICO. I figure this is the best way to get in early.

How would I prepare for this ICO. I hear they sell out quickly. Can someone give me a checklist or gotchas that you wish you knew your first time?

Thanks
Mina is a truly great project. Those people who already entered on their ICO and got listed on the pre-sale, I am congratulating them now because Mina will make them rich and gain a huge profit. As far as I know, $0.25 is the pre-sale price of Mina and when it is in the market/exchange, it will reach $19 market price. But there are other projects that should be taking an eye like CLV and TOTM.
The IEO was crazy, in the telegram group there's less than 100K people but in the queue was the people participating was beyond 200K if I remember correctly and it could clearly reflects the demand, though there's some rumour going around that the coinlist queue could be tricked somewhat and one account could get multiple queue number but idk whether that's true or not. when it got listed in cex for trade ASAP. I was planning to buy mina at IEO and man I got the queue number of 143K guess my only option is just to buy through cex though it's gonna be like race of buy order because a project like this could go up so easily with the flash pump at early listing. Hopefully though I could still buy some.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Who among these altcoins can reclaim their previous ATH? on: April 17, 2021, 01:27:20 AM
I guess it's LTC. The other coin don't have that much potential nor being discussed a lot as potential investment neither. XMR on the other hand being targeted by the government even IRS offers bounty for those who can crack the blockchain of this anonymous coin. If it's not LTC I'd prefer other newer altcoins with better potential, the reason I was still fond of LTC because it was my choice for sending money considering it has less fee than BTC and it's like these coins that you mentioned just can't compete anymore with coins like BNB or ADA maybe because the decrease in their community or something else.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: April 16, 2021, 08:42:35 AM
It defintely will crash and burn. Okay at least crash an never revisit those highs, remeber that we have has similar situations with bitcoin cash and btc.. the eth fees will go down and the bsc will lose its relavency.
It seems that the BSC will not just disappear when ETH costs have decreased and stabilized at a low rate, because they are basically on a different path so that investors and new project developers can make the choice of which one they will choose for their business.
I think so too, BSC has been building its own ecosystem this past year quite well so many dapps released in there and also defi but you see the main reason why people switching over to BSC because the whole blockchain was meant to be alternative and it's not impossible that many people gonna go back again.
Though, never underestimate the power of an exchange that dominates like crypto market around the world, they could make a project that was initially not popular become so popular it got pumped thousands of percent once gets out to public and available for trade, pretty sure they can keep BSC alive aswell.
15  Economy / Economics / Re: Can the government hijack Bitcoin? on: April 16, 2021, 07:33:19 AM
Bitcoin is known as to be the biggest cryptocurrency. in some countries it can be used to purchase goods and services and some see cryptocurrency as a threat.

if Bitcoin comes to be number one currency in the world today, can it  be hijack by the government?
Technically governments cannot do anything about bitcoins as long as INTERNET stays decentralized. But, governments may impose all kind of regulations on all types of crypto related entities. But, when people get into P2P level of transactions alone then government restrictions will become void. So, there are less possibilities for governments to hijack bitcoins in any means.
They could probably intervene with the ISP and tell them to block any bitcoin websites but honestly most of governments aren't that competent and usually it's also hit and miss since it could create another problem in the future as well and when it comes to P2P as you mentioned just try to look at torrent out there, despite all the effort being spent to keep people from torrenting illegal file they still can't do anything, the only thing they can do is just to find one by one who's accessing what and bitcoin p2p gonna be a lot more complicated than torrent.
They just not gonna able to contain crypto and block it because it's basically out of their abilites.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Be on the lookout for ethereum this April on: April 16, 2021, 05:03:26 AM
definitely expected considering people have been waiting for the HF and we get more and more close to london hardfork that implements EIP1559 to solve the gas problem once and for all.
But just wait until london hardfork happens, the price of ETH gonna be increasing like crazy since that means functionality of ETH isn't get crippled like it is right now and that means people who migrates to BSC gonna come back again to ETH
including the defis and dapps, just matter of time, i wonder whats gonna happen to BNB in july though because the hardfork will indirectly affects the coin due to BSC " not really needed" or maybe they gonna stay the same.
17  Economy / Economics / Re: Coinbase has started trading in NASDAQ minutes ago on: April 15, 2021, 10:16:46 AM
Now that Coinbase has been valued at double digit billions, we have to wait and see what investors like Warren Buffett have to say about it.

They have always shied away from accepting Bitcoin's value due question the underlying fundamentals. Coinbase with its 56 Million customers should give them some reason to derive a valuation. If the stories of the Dot com unicorns and their stock appreciations are anything to go by, Coinbase can be one of the best long term investments.
I would expect warren buffet to be he last person in earth that's gonna praise any crypto based company like coinbase, heck I even thinking that he just won't be trying out crypto investment like at all, he just doesn't really good at making investment when it comes to tech based companies let alone investing into crypto based company that makes people's head gonna explode just learning the technical. Let the old man drinks his lovely coke and enjoy his belief I guess.


Now that Coinbase has been valued at double digit billions, we have to wait and see what investors like Warren Buffett have to say about it.

LOL.. I don't expect any change in the stance from Warren Buffet. He has become more and more grumpy with his age and he still can't fathom the fact that an innovation that he derided earlier has now reached a market cap of $2 trillion plus. His recent statements also confirm that his stance is unchanged. That said, I need to ask you why you guys are so desperate to get the attention from this guy. IMO, we don't need his certificate or endorsement.
exactly, warren buffet ain't elon musk of investment. there's far better insightful investors out there why always limit ourselves to warren buffet lol. doesnt make sense.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which tokens have a future? I need 3 of them on: April 15, 2021, 09:33:03 AM
Seriously, you shouldn't take any financial advice from some stranger, even CZ in his tweet keep giving disclaimer that his tweet which discuss about the price of this specific coin is not a financial advice because the risk is always there and trust me you gonna regret hard
when things didn't turns out as you expected as in the market there's always loser and winner. you could be the former or the latter
But, still I gonna mention those 3 coins that have futures and all of them are : BTC, ETH, & BNB. what else do you think have brighter future than them while relatively low in risk? I guess very few.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sovryn - price prediction when public sale will be open on: April 15, 2021, 06:08:10 AM
now its rate already reached 73K satoshi and I still think it's kinda undervalued since they got this far just by using their own trading platform, imagine if listed in multiple exchanges more specifically centralized exchanges. though I really hope the trading platform they have really become famous like uniswap.


Then maybe evetually it can reach ethereum price Grin
Definitely could,their circulating supply as of now only 2,37 mln which is faaar below ethereum total supply but i think the only thing holding back sov from being bought by people is because not many people could use RSK and it's kinda complicated. but when it hits cex maybe the price gonna go up significantly aswell. so many popular investors backing this project, it's obvious how this coin gonna turns out. not to mention if the team could market the project really well.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you expect the Altcoin rally? on: April 14, 2021, 09:52:37 AM
Altcoin rally is not started yet. Look and do research to altcoin and compare to 2017-2018 altcoin price, it is just getting in to its real price and now we are sitting in 2trillion dollar marketcap. The real altcoin rally will start after we stop bitcoin bullish which is still on it now. I am pretty sure we can easily reach $100k btc.and after we reach peak btc start going down.
I think that's not true, so many altcoins have been pumping like there's no tomorrow and if you compare current price and it was when we're still in bearish, we already up and have ROI of hundred or maybe thousands times for coin that aren't top 10 so altcoin more or less already happening.
Even try to see doge price chart, it's already pumping so high the bottom price looks very deep. Doesn't make sense to say that the altcoin rally hasn't come yet.
But if bitcoin bullrun keeps going on maybe we gonna see phase 2 of altcoins rally.
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