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221  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know if an altcoin is a scam? on: July 20, 2021, 11:06:10 AM
many people buy even knowing that the coin is scam, just to flip it asap.
that's what that BSC tokens mania was about.
if you're not willing to gamble like that, then just stick to big cap coins or new coins that have well known backers like polychain capital or coinbase
Yeah, it's too risky. I prefer to choose coins that have promising prospects in the future. however, when the coin becomes a scam, it is very difficult to track it down until we know that it is a scam. because when the swindlers really intend, then almost anything made is good enough. however, doing research is the right thing to know if it could be a scam or not.

Swindlers desing things for their profits, we can't easily track their intentions until they do it and runaway with the money,

more and more projects are design to invite investors and let them see what are the project for, but behind that there's

secret intentions, they'll do their best to make it more real and wait for the right time to escape and collect huge amount of

money from the pocket of those who trusted them.
222  Economy / Economics / Re: What's going on in China lately on: July 20, 2021, 10:23:15 AM
Only someone from China can validate that. AFAIK, their lives were back in normal but still with some strong protocols being followed. Maybe that manufacturer that you've ordered the GPU is still observing strict protocols for orders abroad. Or that could also be a front for their no stock.
Who knows? no one really knows the actual thing there.
I texted someone from China he is actually a dealer that sells graphic cards and he confirmed that shipping is very slow now due to covid vaccination, only few freights are permitted to leave, I think they are doing all they can to safe those whom the goods belongs to
Thanks. That's a good information then that they've been now affected due to vaccination and again related to covid-19. Despite that they've been known to be one of the countries that have beat covid-19, they're still making precautionary measures to stop its spread.

Better to know that as there are people who still aiming to have those cards and might be saddened due to this kind of delays,

but it's better to know that there are protocols that needs to follow before the people from China can deal with sending their

orders, tough situations and needs to follow strictly.
223  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think about TRX to DOGE on: July 20, 2021, 09:42:55 AM
Doge is quite a very risky investment as right now, it seems its price increase is dependent to only one person.
And we don't know if Elon has still interest to further develop its network, where he mentioned before about the possible collaboration with doge team.
Whereas, with TRX, we know there is a team behind who is continuously developing this platform.
And in terms of usage, I believe, TRX network is somewhat catering the crypto users in terms of low fees.
Just look at the USDT-TRC20, most people prefer this network because of the very low fees compared to ERC20 or BSC.
I believe, TRX platform has better chance to grow in the market because of its usage. Whereas, doge, the fees are getting expensive.

Super, super risky indeed. And I know everyone's raving about elon musk's B word talk tomorrow, so the entire market will be hoping to hear him drop some B bombs and yeah sure, he'll probably take the opportunity to pump up DOGE a bit more too. It'll probably even work for a while.

Regarding TRX, pointless to have low fees when all the defi biz is going on BSC now or even ETH on L2.

Both true, for Doge followers  they are hoping for some  bomb coming from the man itself "Musk" who create this massive

pumped before, they are waiting for something good that this man will reveal after the meeting, who knows right? and regards

to TRX another true, BSC and ETH 2.0 are still hot in terms of transacting even TRC have the cheaper fees.
224  Economy / Economics / Re: Will the popularity of cryptocurrency continue? on: July 19, 2021, 06:09:47 AM
Cryptocurrency is a popular trend in the current currency economy field, and many people are concerned about choosing the crypto market industry. The decentralization of cryptocurrency prevents it from being recognized and protected by the official government of any country. It is under the influence of the supply and demand market. At the same time, there are very many people buying and very few people selling, which will lead to rapid price increases. Then the dealer inhaled a large amount of money, causing the price to rise to a certain level and then clear it, and then retail investors will be injured. While it brings profits to investors, it also has risks.
Recently, the popularity of multiple cryptocurrency markets has continued to increase, and many traditional investment users have also begun to pay attention to the cryptocurrency market. How long can this trend last? Will it always exist?

I think that the hype around crypto currencies is short lived, we always see a huge interest in cryptos once bitcoin reach a new ATH, but as soon as prices are falling the media interest is disappearing again. This trend usually last 6 months but will always exist. It is just a matter of time until BTC will rise again and reach a new ATH, and the media is just waiting for that to print their old crypto stories again. Cryptos are here to stay.

Media always wants attentions and with some hypes they will be there to cover and make a noise to bring

new people to this industry, but those who are really inside this market are not really relying with hypes but

relying with the developments and more adoptions. The popularity of crypto will continue as each part of the

system provides new crypto to rise and be used.
225  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what happened to ethereum? on: July 19, 2021, 05:18:06 AM
I don't understand your question expecting ehereum to come back. back in terms of ? will the price go up again or maybe the costs required when carrying out transactions are small again??
Maybe that means Ethereum has to go back to high prices with very low transaction fees,
because if you want to go back to low prices with high transaction fees, I think that is a very silly wish.
Lower transaction fee may not be the main advantage for the price increase after the London hardfork next month, the staking response will be major at least for a most part of the Q3-Q4 until the staking reward will be released and will get on exchanges. The token will also be burn at every transaction after the hard which control the token economics.

Lots of good news coming for this coin and for sure there are specualtors and supporters who already bought their

bag holds to make sure that they won't be left behind, many up and down coming from the current market but for

people who understand and continue believing this project, today's dip is the best opportunities to collect and save

more coin inside thier wallet.
226  Bitcoin / Bitcoin Discussion / Re: why more women to trade crypto? on: July 19, 2021, 04:51:36 AM
Maybe this applies to the Robinhod exchange only. Until now I did not find much user data regarding gender. But seeing that trading women are natural, everyone has the right to do that. So I think this data is not all exchanges around the world. So maybe only limited to robinhod. Basically trading is a science that can be learned, so there is no particular reason why women are more common. It all depends on your will and ability. Basically they want to make a profit by trading. Indeed, when viewed from the side of the nature of women they may be more patient, but that's just a theory. Even male traders can manage it by learning.
That doesn't matter that there's no data for the gender of people trading, it's for everyone of all ages as long as you have the risk tolerance and the ability to do your own trades, you are welcome to trade. People implanting this kind of idea where we need more women are try hards who want to appeal to every crowd which causes a reverse effect.

You said right, there's no need for that since everyone are free to deal with this business as long as they can handle

all the risk that this venue of investment have to offer, we don't need to reveal or identify our gender when we are dealing with

our trading position, women are welcome to co-exist with those men who are working inside this business. Sometimes, without

knowing, those women exerts and made more than men.
227  Economy / Economics / Re: Are Renewable Energy resources the future? on: July 19, 2021, 04:41:04 AM
The world has been depending on burning fossil fuels for energy, throughout all these years. With dependence on fossil fuels, soon enough these finite materials will be depleted. Not only that, but it also has adverse effects for the environment, everything from air to ocean and land pollution.

Fossil fuels include, coil, oil and natural gas, with the latter being cleaner that oil and coal in terms of emissions. Let's also keep in mind how strenuous of a process it is to extract oil, promoting environmental disasters.

Most common renewable energy sources include, solar energy, wind energy, hydro energy, tidal energy and a few others.

The big question here is, can the world be 100% dependent on renewable energy sources? How can that be achieved and are they sustainable?
I think the only way this goal can be achieved is solar energy. solar is really the only real unlimited energy which we are really wasting. Also there are very minimal effects on the nature if we use this energy. Infact if solar energy is used on Massive scale it could even result in reduction of global warming altogether. And I am pretty much sure that we will be using methods to use this energy the most. Home solar panels are already the new cool where everyone is focused on making this one time investment, sooner or later we could be self sufficient in our power needs.

I also starting my journey using this system and from where am I where electricity is really expensive, the risk

of buying solar panels and other devices to make this system works is not that cheap. But from this previous

generations of electricity where i can enjoy unlimited energy without worrying for another high monhtly bills

I think solar energy if being focused well, may be a big help for communities.
228  Alternate cryptocurrencies / Altcoin Discussion / Re: Money flowing out of BTC into Altcoins on: July 19, 2021, 04:28:48 AM

the strategy that many investors do is like what you said.
but sometimes some prefer altcoins over bitcoin. the strongest adoption is still in bitcoin, but as more people are leaving bitcoin with profits and switching to altcoins I don't think that's entirely the case.
people who play in bitcoin definitely with big capital. after profit, they know there will be a correction that will affect the altcoins as well. it would be bad if they kept it in altcoins. the choice is stable coin adoption which increases as many investors profit from bitcoin.
I think the increasing adoption of altcoins is coming from something new, not because bitcoin investors are turning their money to altcoins.

those who are switching from bitcoin to alt coins are just diverting some investment, knowing that there's an opportunities

to grab som good amount of profits when market moves according to their target directions, and I agree that it's not a  permanent

they'll going to cash it back to Bitcoin when they see good movement from this crypto originator. Bitcoin investors are wise enough

to play along with this market.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: Lesson from bear market on: July 18, 2021, 04:54:08 AM
It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.
Yeah you're right! We are in a volatile world that crypto market is always changeable it's price. But the fact is the more we are knowledgeable the more we can gain a huge money on it.

The more you understand and the more you are willing to go behind the chance to gain more is very possible,

you need to do your own home work there are many potential even there's a bear market currently the chance to

earn is still possible, never give up if you know that you really have some goals in succeeding from this venue of investment.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: Taking Profits on Altcoins Strategy on: July 18, 2021, 04:46:19 AM
Your strategy is complicated. My suggestion is to stick to a simple strategy: buy bitcoins and hold them for the long term.

As for the tax questions, As a citizen or resident of the U.S., you must pay taxes any time you convert a coin to dollars or another coin. There are no tricks that can avoid it or delay it.
Yeah you're right mate, buying bitcoin is the most essential right now especially when you are wiser enough and become more patient for all our decision making.And for the US taxes we don't care if we pay taxes as long as we have a huge income in crypto currency.

Keep buyingif you are aiming for long term investment, don't be bothered by price changes, let your own analysis

brings you the right decision making. Many traders suffer losses since they are chasing for  quick profits and they

didn't  anticiapate changes in direction when manipulations happened around.
231  Alternate cryptocurrencies / Altcoin Discussion / Re: Escrowed very important for bounty? on: July 18, 2021, 03:33:12 AM
Bounty is always a very big risk. Because even bounty managers can simply not pay and come up with some strange things for this. Here, perhaps, only the luck and honesty of the project itself is important.
No one forces you to take those risks, you will participate in it or not is up to you to decide.
In this space, everything happens every day, legal or fraudulent, and if you can't judge everything for yourself, don't blame it. The issue of the deposit bonus is only considered as one of the priorities to evaluate a bounty campaign.

If you don't have that time to assess and just quickly jump into any project to participate, there's no one to blame,

it's so happened that this market have both good and bad it's participants decision to join or forget about it. Your

action needs to properly assess everything before you ride with the project.
232  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will dogecoin drop to $0.2 again? on: July 18, 2021, 03:19:56 AM
~snip~
Who's going to buy if Dogecoin drops under $0.1?
In my opinion, don't plan to buy dogecoin even it goes down to $0.1 level. It may go down more. And the bounce back may only happen during next bull trend of crypto market.
Yeah, the next bull run might trigger it again to reach as high as it did before.

But what if there's no more Elon on the next bull run and Dogecoin finally sets off to settlement and there's no longer that much attention on it as Elon changes his ways.

And for those who likes to take some gamble on these coins as they still feel the hype, good luck to you folks.

Without Musk? that's a very tough call for everyone who wanted to take this gamble. Doge may fall continually

and have a hard time to bring the price back. Currently it's already down @$.19 no action from Musk and no

good pump that happened. It's a test for those who still holding it and to those who bought from the peak.
233  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know if an altcoin is a scam? on: July 17, 2021, 03:07:20 PM
Unfortunately, you can’t be completely sure that the altcoin you are going to invest in is safe. Moreover, if it is a new one. But as you have said about LP, I can guess that it is a token of defi project. So the steps you definitely need to take before investing are investigating the idea and docs, then an overview of the team and also you should see if any “whales” are going to invest in it.
Honestly, never trust a project like that. eventually, there will be a regret.
after all, anything new project like that will just attract market hype and then they walk away with the profits. leave them far if you still want to stick with your money. because some assets and projects are more feasible for us to choose from.

Always a case of those new hypes projects, they been pumped by whales or pump and dump group

used as tool to attract interest from their prospect victims, if you want to take the risk much better

to focus with invetigating the team first and see if there's real use for the project in the long run.
234  Economy / Trading Discussion / Re: Do you run when you fail or loose in a trade? on: July 17, 2021, 02:56:43 PM


I lost $100 for my first try, I really think about quitting and I really did. But I'd realize that quitting could make me not to recover my losses, so I come back. But this time, I'm already backup with knowledge and now fully understand the market.
you take correct decision , why we have to so easy give in market that potentially could give us huge profits in future? Maybe you are lucky if compared with another traders that have loss more than $100 for their first trade. Our loss must be good lesson and experience that our preparation in knowledge was very important to survive in market.

Better decision making and good analysis while you are still inside this market, quitting is for those who realized that

trading is not for them. Not everyone have the capabilities not even you push your luck harder if you failed to recognized

the right patterns there's nothing for you in this kind of business.
235  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin better than Fiat? on: July 17, 2021, 02:29:48 PM
Both currencies have different importance. Bitcoin is a decentralized currency. And Fiat is a centralized currency. Bitcoin currency can be send within minutes without providing any personal detail to your receiver. We send money on Bitcoin wallet, no one knows who is the owner of the wallet. There is no government that is involved in this currency. So, these are the differences that make the bitcoin better than fiat

One of the factor that Bitcoin is better than fiat, if being used correctly this advantage will allow end users to end

the service, imagine you can send your money thru bitcoin without any interval oming from the government and any

middleman, you can receive and send without worrying, just need to make sure that you are fully aware with how the

system works.
236  Alternate cryptocurrencies / Altcoin Discussion / Re: Axie Infinity's popularity is sustainable? on: July 17, 2021, 08:03:35 AM
It is.
I think it's a stand-alone market which is pretty good.
It doesn't rely upon the market of the main cryptocurrencies like Bitcoin and Ethereum and their supporters and buyers are still going up. It's been so long but the hype won't just stop especially for Asian countries who had been making a lot of profits from this game. It might even go a long way if they could add more features in game.

If the developers are aiming for more success, adding upddates and more ways to collect potions will allow players

to aim for more. With how hypes being carried lots of new gamers are moving to this game and they are bringing

real money inside the house, which is really attracting other people to make thier moves and start building their

journey.
237  Alternate cryptocurrencies / Altcoin Discussion / Re: Earn BNB by holding a token. on: July 17, 2021, 07:33:38 AM
we have to be careful with the main tokens that are promoted through social media. because usually the potential for scams is greater. must be accurate in analyzing and must be smart in choosing the type of coin so as not to get stuck in the position of the coin and experience big losses

Very important if you care about your investment, before investing your money into some project allow yourself to research

for more deeper information, there are lots of scammers around, without doing your research you'll be easily targetted and

in the end you'll lose your money in hope for quick turned around.
238  Economy / Economics / Re: Can the world be without poverty on: July 17, 2021, 07:19:08 AM
It is impossible to completely eliminate poverty in the world. Everything should be balanced. Poverty and wealth should coexist. We can balance the economic, technological, and spiritual gaps and reduce poverty through study and hard work. Others will choose to give up because they are afraid of the risk of investment. Risky currencies like Bitcoin can often bring higher profits, and they miss the opportunity for wealth freedom.

Yep! it's impossible to completely eliminate poverty in the world, but we can lessen the numbers of those families that are

suffering with this problem. Withthe fair distributions of government fund, and with proper educational services through out

the chance that poverty will be lessen. Not that easy but very possible since once a person have good educational attainment

his chance to choose a better life is what he first to aimed.
239  Bitcoin / Bitcoin Discussion / Re: I rather stay hungry than sell my Bitcoin on: July 16, 2021, 09:44:58 PM
Is it really worth staying hungry for it? We always say that one should make an investment which they can afford in case it's gone. Hence, it doesn't make sense not to sell my coins in such condition. If we don't live, what's the meaning of HODLing?  Grin

Great! nothing left if you died due to starving, if you really don't have any option better to sacrifies and

continue to live, investment can be done again the chance always open for those who wanted to seek

and wanted to succeed. Case to case once you already in the situation where you can't resist to do

things that you ain't like doin.
240  Economy / Trading Discussion / Re: If you aren't reading you shouldn't be trading on: July 16, 2021, 08:22:35 PM
Time and time again, we see people alwayys asking for advice but what they don't understand is that they don't even have the knowledge first and foremost about trading and they want to just jump right in. Newbies should read and DYOR before anything else when they want to make a career out of trading, you won't get anywhere close to profit if you don't have the knowledge and even that is just part of being a good trader.

It's a must for everyone to do your own research before you jump inside to whatever investment you want to engaged yourself.

it helps a lot to maintain your chances to earn and survive within the business you choose, never ever to rely with someone since

the level of your knowledge is not the same, you can use it as basis but not an assurance that it will bring the same outcome.
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