Latest posts of: DapanasFruit

Diversification is a very important key towards success in investing and since there are many ways or many assets one can get into...this is just a matter of analyzing which one can be serving anyone...especially into the future. As for me, I am also into real-estate though not on a big time basis. One thing for sure, with cryptocurrency there is a high level of excitement but there is also at the same some big risks especially since it is a very volatile kind of thing...we have to be careful all the time.

Bitcoin remains the same...what is happening is that the investing market reacts to any kind of investment vehicle and that includes Bitcoin. This is the problem when an asset is included in the open market...its price can be affected by developments economically, politically and many other factors. Now, we also have to remember that Bitcoin can not live in a vacuum so there is no way to shield it from the influence of the many factors that can affect the world of investing. Maybe we should look the power of Bitcoin as anti-inflation in the long-range and not just on a day-to-day basis.

This is kinda scary, actually. We really don't know much the many things that many exchanges are getting into or the schemes they are devising while doing business. The thing is that they are doing this all because up to now there remains no clear, concise and implemented regulations even with big countries...and exchanges can be based anywhere they want to. The only thing we can do is be careful and never leave a big amount of digital assets in exchanges...if you are not planning to sell or convert them immediately.

I love this partnership with Binance and I am hoping that nothing will be able to block this vision into the future and things or plans can be big realities at the appropriate time. I am seeing that Nigeria is getting to be the hub of cryptocurrency in Africa and their government should learn to recognize and capitalize on this. There are so many ways one can de dealing with cryptocurrency and yet at the same time having the right control over things.

Once doing the Bitcoin mining business within the jurisdiction of USA can be so restrictive and nearly unprofitable, then miners will have no choice but to look elsewhere...yes for as long as mining can still be churning out money. There are many in the government right now who don't like the PoW aspect of Bitcoin and so they are using their power to kick Bitcoin mining away from the country. We should not be threatened with that because eventually as long as there is a demand, there can be a supply if not here then somewhere.

We can say this is just another twist and turn in the cryptocurrency industry...which is actually so known to have produced so many well unexpected things...but also to have gotten into many shocking developments including what happened then to LUNA with its founder. Now, some people can really be so exotic in their decisions...with many just following the trends without looking if they are getting into something which I already considered as a thrash...or maybe they are just here to be making some fast moolah and nothing more.

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Quote from: Fivestar4everMVP on September 07, 2022, 04:45:30 AM

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

All because they all hate Bitcoin and the many thing it represents so they are using the big excuse they can find to make it unacceptable and it is the use of energy especially for mining it. Now, these people are not really objective because had it been that way they will investigate further and see that many other industries are consuming more power than Bitcoin. And certainly for people who are close-minded and who will only accept what they want to, there is nothing we can do for them but let them exercise their rights to say what they want to say...but of course the crypto industry can correct things and do the push back.

I am not so sure if this can be a very safe to safeguard somebody's private keys but to say the least this is already belonging into the bizarre category...and is really just worth mentioning as a form of an exotic entertainment but nothing to be taken seriously with. We already have some good proven ways to securely secure a private key...and adding this dental implant technique can depend on someone's taste.

HardFacts is the name of the OP and yet what he is presenting here is just a mere hearsay or we can say speculative in nature. Now, there is nothing wrong if one is going to share whatever opinion a person has today and into the future but to act like he is so sure what can be and that only his own view of things can happen well that is something else. As for Bitcoin, there is no denying that forces right now are affecting its ups and downs travail and I am seeing the same thing to be true for the rest of the year. So in my own prediction, it would be so hard or just a dream for us to expect BTC to go beyond at least $30,000 this 2022 - but then who knows as impossible dreams can still come true anyway.

As a continent, Africa is considered to be the next and can be the best frontier for cryptocurrency when it comes to real-life use and applications and it can primarily because people in this location can be more ready to be adopting this innovation...as more and more people got lesser choices so when presented with this opportunity many can be gladly taking it. Now, it is helping that there can be hub of innovations or platforms that are using their heads and not their high-flying ideas when it comes to marketing to the people just like this program for kids using Bitcoin which is to me looks like a surf-to-earn kind of thing. Hope the same success can be duplicated elsewhere and I am thinking that the same can also be popularized in El Salvador where many people already called its Bitcoin adoption as a failure.

Personally, I am expecting that for some good weeks after the merge there can be a good inflow of momentum for Ethereum so there is a big possibility of its value to go up. However, it would not be able to sustain it for a long time especially if people will realize that there remains many big problems with this "heir-to-the-throne" crypto network. So we can all benefit with its coming gains but as always we should not close our eyes to the fact that expectations can be so high and some can be disappointed.

In my own view, if there is that big potential of Ethax to be following the big step of Eth, then it should not have a name that sounds like the latter? This looks just like a copy-cat of Ethereum, in the first place, and it can be a "poor" copy-cat at that. We have seen so many projects projecting themselves to be the Ethereum or Bitcoin killers but unfortunately they were the ones that got killed in this very competitive yet frauds-filled crypto marketplace. Still, am wishing Ethax the best and may it not be just another shitcoin. Good luck!

Months ago with the heightened popularity of the Play-To-Earn concept when Axie Infinity was then flying everywhere, I predicted that soon there can be a project that can be rewarding us when we sleep. I guess my prediction has really come. Now, I am giving this kind of concept a chance since I am always a big fan of anything for a healthy lifestyle. I am wishing WeSleep a big success though am not anymore an admirer of this type of rewards programs since success here will not really that last.