Governments are already getting involved with Bitcoin. Some countries are making rules for Bitcoin. Other countries are using Bitcoin as real money.
More government involvement with Bitcoin could actually be a good thing. It could make more people and big companies want to use and invest in Bitcoin. This could make the price of Bitcoin go up.
But governments cannot fully control or stop the Bitcoin system itself because it is decentralized and not owned by anyone. So government rules on Bitcoin could help it grow while still keeping it free.
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I've heard about Bsquared network lately. It's a Layer 2 solution for the BRC20 ecosystem on Bitcoin. You can get some of their tokens for free right now by participating in their events. There's also Bouncebit, which will be launching with a Binance megadrop. These two projects seem to be the most popular Bitcoin Layer 2 projects at the moment and will have a very strong and high value altcoins. You should look into them before they fully launch.
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Most memecoins start as tokens on existing blockchains like Ethereum or BNB Chain. This is because using an established blockchain provides security and better chances of success. However, if a memecoin gains huge popularity, it can later create its own blockchain and become a real coin, just like smart contract coins like Tron, EOS and BNB did after launching as tokens initially. I think the key is understanding if you're investing in a permanent token or a potential future coin.
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Initially, I thought Layer 2 solutions would be the endgame for scaling Ethereum, but it now seems like there will be an endless progression of layers. This mirrors how Smart phones has continually evolved in functionality over time. And as the value of eth and Bitcoin continues to rise, I'm confident these layered solutions will only become more useful and fascinating. We're even starting to see Layer 2 solutions emerging for Bitcoin ecosystem as well, which is an exciting development.
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I don't think the good days for memecoin gone. Memecoins may make a comeback. It's true they haven't pumped as hard lately compared to other altcoins. But the hype around meme coins probably isn't gone for good. New meme coins with funny branding and viral memes can still get regular investors really excited and drive huge speculative price surges, even if the big gains don't last long.
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I've been mining PI for years. The company is now requiring KYC verification. While I haven't seen PI listed on exchanges yet, some people claim they have been able to sell their mined PI coins peer-to-peer. Although, the legitimacy and long-term viability remains uncertain to me since it is not officially traded on regulated exchanges.
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Cryptocurrency exchanges hold lots of digital money belonging to customers. However, some exchanges have gone bankrupt or been hacked, causing huge customer losses. While this happens to some, others like this are thriving and proving they have more than enough funds. How do this happen?This is where "proof of reserves" comes in. An exchange hires an independent auditor to check their wallets and make sure there's enough money to pay back all customers. The auditor provides cryptographic proof, which anyone can publicly verify. ImportanceRegular audits and proof of reserves build trust by showing the exchange is being honest about having sufficient funds. It makes the exchange more accountable and transparent while it helps make crypto trading safer and more stable overall. Also, Exchanges providing this proof like the one I stated above are fostering a more secure environment. Do you think it should be a mandatory requirement for all exchanges to undergo regular third-party audits and provide publicly verifiable proof of their reserves?
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I mostly put my money on low cap coins too. And I sell to buy BTC or ETH at the end. At times, i pair some of my coins with BTC on Bitget smart portfolio to help me take profit as they pump. That have been making me have more Bitcoin overtime also.
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Firstly, Ontology is a high-performance public blockchain enabling distributed trust collaboration. Since its 2018 MainNet launch, it has released ONG as a utility token alongside ONT for staking, offers customizable blockchains with smart contracts and distributed ledgers supporting diverse applications, and its framework facilitates interoperability and collaboration among chains. While ONG may be an underdog in the crypto market currently, there are still opportunities to accumulate it efficiently. For me, instead of buying more ONG right now, I'm farming some by staking my existing holdings here. I'm sure this approach should allow me to increase my holdings. Buying ONG might be a good choice because a network that provides modules for scenarios like digital identity and data exchange while continually expanding its ecosystem is a trusted and it's going to be a bigger one with time. Also, I would love to hear your opinions on this.
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So, even if traders incur losses, the prospect of earning substantial rewards can motivate them to keep trading.
But risks should be taken into account as well. For instance, they could end up burning a lot of money and not getting the reward they want or at least the same value of the funds burned. But hm, I think most people in the forum are not whale enough for such contest. Yeah.. The risk in trading is always taken into account. Especially during this high volatility period. Apart from the event, trading is for people who really have the mind to take anything in the market because where there is huge gains, there is also liquidations. And one needs to be fully aware of these.
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But, there's always the minimal requirement that's needed and it's not for everyone to join.
Yeah.. There is always minimal requirement and most trading events are not for everyone to join. At times, the event can be for some specific regions also.
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Traders mostly enter the markets to make profits or accept losses. But these days, trading platforms incentivize traders with attractive rewards and events. An example is this event which offers lucrative prizes like Louis Vuitton bags, Rolex watches, and even a Tesla car for achieving higher trading volumes. So, even if traders incur losses, the prospect of earning substantial rewards can motivate them to keep trading. These kinds of campaigns make trading more engaging by providing tangible incentives beyond just monetary profits or losses. With the right strategy, dedicated traders can aim to accumulate trading volumes and secure coveted prizes while also making profits
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understand that meme coins will only move if there is hype. if the hype is over, don't expect to get more out of it. it would be better to choose an altcoin that has a clear developer, clear direction of creation. try more to read the whitepapper of each altcoin you want to invest in.
so I don't think it's right to make meme coins as a long-term investment.
Yeah, you're right about the long-term and the hype. But if one keeps thinking like this, one will probably miss out on making good money with some meme coins. I don't know about Dogecoin because it's a large market cap meme coin, and what I do is participate in airdrops, giveaways, or events like Bitgetdogeday to earn large cap meme coins like it. So I still look out for low-cap meme coins and hope to make 1000x one day.
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The way we buy things online and get rewards is changing because of web3. With this, you can use crypto for products and services payments instead of regular money from banks. This makes payments more secure and cheaper because there are no middlemen involved. Also, smart contracts automatically handle the payments for you when you make a purchase. This ensures the payment goes through correctly and on time. Many Web3 platforms also offer rewards like cash back, loyalty points, or cryptocurrency tokens when you use their services. So you get rewarded just for participating. As Web3 grows, buying things and earning rewards online will become easier, safer, and more rewarding for everyone involved because it gives you more control over your money and transactions. What are your thoughts on using decentralized platforms for online shopping and earning rewards? Are there any particular Web3 shopping projects or dApps that you think are doing an exceptional job in this space? Although, I saw a good one called GOMDori via this twitter post, and I'm very interested to hear about projects like this
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The altcoins I trust most : ETH BNB BGB SOL UNI These coins have Brought a lot of positivity to me. And I don't know how to stop trusting them.
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I suggest you buy coins with good use case. Although I'm holding pepe and floki and I've been able to automatically take profit with them with my Bitget smart portfolio. I don't wanna miss out taking profit this time no matter how small it is. Because memecoins are always very volatile when it comes to dropping in value and no one can easily predict when the time will come.
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Yeah.. I friend showed me This IRON coin which has no liquidity on DEX but shows value in his trust wallet. I think the dev also make it tradeable with only hog slippage. So, it's totally a way to steal money from dumb asses.
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Honestly, I'm my own way of perspective, Trading is strictly for the rich because it's programmed to Rekt people a lot. Where the rich can easily use small leverage with huge money to make good profit. While we the poor will use high leverage with small money to lose or get liquidated.
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First of all, Tokenization in crypto is like turning real assets into digital tokens on a blockchain. It makes owning, trading, and managing assets easier and more efficient. Tokenization also allows almost anything of value to be converted into a digital token on the blockchain, unlocking new opportunities. By tokenizing real-world assets like real estate, investors can earn rental income, capital gains, and dividends more smoothly while enabling fractional ownership, giving investors more flexible and affordable investment options.
I am thinking of investing in tokenization projects and would love suggestions. However, I saw Alvara Protocol after some some listing announcements on twitter. Alvara Protocol is also a platform for tokenization which allows the creation and management of tokenized basket funds holding multiple cross-chain assets in one trackable basket and constantly updates to keep users informed about their funds' performance. So I see this as a good option to consider and would love to see more suggestions as I've said.
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I bought some ONMON coin on Dogechian at Dogechian early stage which later Become dust in my wallet. Like 100 usd becomes 2 usd. So recently, I checked my portfolio and I see little profit from OMNOM which has pumped more than 1000 percent in a week without getting listed on any new exchange yet. Is this going to go up futher. I know taking profit is a good thing. But I prefer to take bigger profit. Lol See here : https://www.coingecko.com/en/coins/doge-eat-doge
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