Use Trust Wallet if you're required to provide a BSC wallet. It's very easy to use.
Metamask wallet is for ERC20 tokens and that's what you need to have if the bounty asks for an Ethereum address for their ERC20 token reward and stakes.
This is wrong I think, metamask could become a wallet for various chain as long as you set the RPC right, and BSC is just running the same EVM and ethereum protocol it's not gonna differ and if any, it's minor difference. The method to get the address from privkey is also the same so basically just changing the network to BSC by providing the RPC to the wallet is enough. |
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I rarely participate in airdrops, and If I participate, then only in proven projects.
Well that's the most difficult thing to determine whether a project is a good quality or not. You see many projects that did airdrop turns out to be a shit project, but then there's an airdrop like IPC that give so much value to their airdrop and I think the people back then didn't expect it to be such high valued airdrop since the airdrop itself was already done years ago, only now that it's getting unlocked periodically, airdrop is basically randomly trying your luck. |
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New smart contract platform project usually aim to give a better speed and cheaper way of sending transaction, most of them are trying to repeat the same feat that Ethereum has achieved and that's true, there's too many smart contract platform already
I personally will prefer these developers to instead build a dapps or defi platform, not just copying the existing defi or dapps but creating another one that could make breakthrough, that's gonna be more useful than adding one more smart contract platform to
the crypto market in my opinion.
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I don't think all the coins that have entered on the Binance exchange have a good reputation, sometimes there are still coins that have not been noticed or are no longer supported by the developer so that these coins can be deleted from the list of coins on the Binance exchange.
If the coin later turns out to be abandoned by the team behind it but have a good reputation at around the initial stage then I guess we could still considered as having good potential although only at initial stage but coin like that usually delisted once it doesn't meet the requirement of the volume after all, out of all the projects that could get into binance exchange, some of them definitely gonna fail, the crypto projects doesn't have 100% success rate. |
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This news seem to be impactful to doge, 13% up just from the listing news alone, not even elon's tweet could do that nowadays, but anyone should expect this to happen, the rumour about doge listing in binance has been around for quite sometime and doge itself is number 6 by the market capital size and an exchange like coinbase gonna find something to increase their trading volume.
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some of my friend did exactly that, they thought the when the dip happened the price just gonna straight go down to zero and not gonna get back up again meanwhile we who are experienced enough know that the dip gonna open opportunity for buying and then recover back.
Real sign of a newbie in crypto is when they think of crypto as a market that could fall within a day I guess thus making them weak handed.
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I don't really think you know what really is a stable coin but I got your point, but doge looks stable because the market cap and daily trading volume has grown significantly making small transaction have no impact to the market and
at the moment theres no shill or fud to doge market, everyone focused on bitcoin instead, if things like elon shill and fud to be happen again and targeted to doge its not gonna stay as stable as you think it is, big chance its gonna be pump and dump again.
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Maybe, without whale the market gonna runs purely on the market's state of psychology I think and good news could more or less affect the price but such world without whales could never exist, since if there's no whale in the market someone definitely gonna try to be one and reading whales' move isn't an easy thing either. What most you can do is just to buy the dip and sell in the pump but it's like trying to catch a falling knives. everything could go wrong as these whales usually plays by their own rules.
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This is what you got when the entire community just throwing money at every swap platform released, an unsecure code that could make people loss money. Making code for defi isn't a joke and anything should be reviewed and audited thoroughly and I read the news that there's indication of changing vital code that leads to this attack basically reopining a vulnerability that shouldn't be a problem. As we speak, another BSC AMM just got hacked. BurgerSwap or something like that. Not nice at all. Scaring investors
and there's many other swaps service that are just waiting to be attacked since most of them forking from each other. |
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It's all about the exchange itself, if the exchange is popular they gonna have a lot more strict rules for their listing process more specifically the centralized exchanges but decentralized exchanges on the other hand is all about freedom, meaning they gonna allow anyone to use their platform.
But to be frank, seeing binance listing shiba also means there's possibility that a big exchange gonna loosen their strict listing process if it means attracting money so at this current time I think you're on your own making analyzation so you're not trapped and bought the shitcoins, if you're not really sure you can just stick with the strict exchange like coinbase, they are listed in nasdaq pretty sure theyre not gonna list a shitcoin that easily.
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I think it depends whether we gonna choose a "token" that's lives on an existing blockchain or a coin with its own blockchain, usually a token offers some product or services like swap platform, or any other services meanwhile a coin that has their own blockchain usually make their "blockchain" itself as a product. I'm totally okay with investing in both of them and doesn't really matter since I often see the product first.
I personally putting money in ETH, BTC, and ADA since they seems promising but that's just my preferences.
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So ethereum is still better than BSc even though gas prices are too high eth altcoin is decentralized, and even though BSc coin is cheap gas price, BSc still needs time to create nodes and decentralize. The gas problem is only temporary, there's already some 2nd layer solution for this (side chain) and really it's not such a big deal in the long term where eth 2.0 gonna increase the overall transaction per second of eth blockchain. meanwhile binance smart chain gonna stay centralized where the validators fully controlled by binance. the main point here is, many people still prefer eth because the gas problem will eventually gets solved and theres many upgrade to the chain as well that gonna come making bsc soon to be obsolete. |
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Sold some portion and still holding some portion as well, just following the usual advice of selling small portion when the market is bullish lol though the current market state looks really worse I don't really get worried about my asset since I have the intention of holding it for another few years. Thats normal mate, I think not just you but many crypto enthusiasts are also had experiences like that because we don't know the outcome in the first place so we use to balance and analyze things and during that time we think that it's already the "highs" so for me it's okay at least we have earned, unlike others, the people who bought during the "all-time high" they are dealing with a huge loses now.
They have loses indeed but the final outcome really depends, if they hold for a long term maybe they gonna see profit in the future, remember the buyer of the last 2017 ATH was already in profit many times at the current price that we considered as bearish. If we think about it, maybe long term is really the way to go. |
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There is no new ethereum as binance.The binance chain has remained its own chain and not a competitor with ethereum, they stand alone on their own chains although they deployed the same EVM algorithms but i don't see no reason why they should be in any form of comaprism.
They are indeed competing to each other and the fact that both blockchain has EVM running under the hood further implies that bsc truly intend to take on eth's position even CZ himself trying to say that eth is a big boy's chain meaning it's expensive in a condescending remark.If you see how bsc is eating up eth's market cap as well you can know that the competition is rather fierce but bsc is actually not really a big threat, now that matic also come to the stage the competition fade even more but bsc was intended to replace eth from the very start regardless but fortunately people still prefer decentralized blockchain. |
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now, people forced to online when they want to do something like buy, and the other. and as time go by, people get to used it, doing all stuff by online. and when covid disappear, this habitual still stick in our mind.
Have you wondered why such habits stick while some habits like staying at home won't ever stick? That's because people want convenience and online shopping was new for some initially but once they tried it, surely everyone realized that it is easier and saves time as compared to traditional shopping. Just look at what has been happening in lots of countries these days. It’s just like where I am living, there are now lots of thieves and people are being robbed almost every day, things never used to be like this before now. So, this covid-19 is really bad, but I am hoping that things gets better.
That's the impact of unemployment and have you wondered why unemployment is much worse in under-developed countries? That's because of their lack of the use of the internet and technology, be it because of financial problems or be it because they are not educated enough to operate them. If only better technologies and the internet were adopted, lesser people would have lost their jobs and hence lesser unemployment which directly helps in reducing crime and theft. I agree, amid the covid pandemic it's all about efficiency that makes the economy strong, we can see that most of the company who are already implemented technology to further optimize their system as well as increasing the efficiency hardly impacted by covid. Even many companies that either has both online and offline business actually set record in profit due to the market share increase because some company just backward and rather inept in technology adoption, as we all know, only company or economy that easily adapts that will come out strong. |
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I think the best way to counter these whales manipulators simply by going against the flow, many people are scared of bearish they made a silly mistake of panic selling, same with bullish they also get too carried away and fomo
meanwhile if you see the price chart, just imagine you're going against the market, instead of panic selling you're holding, you can actually make very big profit, the last buyer of the recent 2017 bullish market at the peak of ATH if they are still holding, still got more than 100% returns, those are the people who go against most of people and win at the end.
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I have heard lots of negative feedback on Latoken which is why I avoided that exchange. There are lots of more reputable exchange out there why bother to trade on such exchange. Besides many token that is listed there were dumped to oblivion only a few listed token are worth trading and this token are also listed on reputable exchanges.
They are usually become the first exchange to list some new coins but yeah, better wait for another exchange listing than risking to trade in their platform, these are shady as hell and putting your money in there is basically gambling except you don't get profit out of it but instead you still have the risk of losing. Personally I wonder why people still bother to trade there while we can have good thing using decentralized exchange and the listing in swap (dex) is rather easy, not that these exchange have really good system and UI anyway, they mostly have really bad UI/UX |
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Some ICO indeed just want to grab some money and the obvious sign of the is the inactivity of the team or underperform after the money raised and usually the factor that make the coin lost its value after ICO almost instanly is because the team behind the project
overselling the token at ICO phase leaving no demand anymore while after ICO some people definitely gonna sell their coins.
Also, the fact that the team keep failing to fulfill the promise they proposed at the early stage of ICO is enough to make people doubt about the coin and therefore dumping it. So try to analyze an ICO first before even joining.
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KYC is illegal and will always be and it's gonna harm the person who has the ID if you happen to use stolen information, even it's basically identity theft and that's some grave offense in many countries + it's very disrespectful as well to without permission use other people's identity.
and if you're concerned about privacy because of KYC and maybe doesn't trust the platform you could just avoid the IDO that requires KYC it's just that simple and if all the quality project requires KYC then nothing we can do about.
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