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101  Economy / Economics / Re: The Reason Bitcoin Investment will be preferred more than Oil on: May 30, 2021, 09:43:48 AM
Bitcoin investment has better returns, long term storage or spot trading is much easier. People can trade all day and all week without any difficulty.
Investing in oil is less profitable and can only be traded on derivatives with very high long-term storage costs. The pandemic is still going on and parts of factories around the world have halted production. If the COVID pandemic breaks out again, oil prices may fall to negative levels like in April 2020.
102  Other / Politics & Society / Re: Israel is evil. Finish them off! on: May 30, 2021, 09:36:19 AM
The world is tired of wars between religions and ethnicities. The god of all religions doesn't want his followers to fight over anything. They really are fanatics.
I hope that one day the war for religion will end, people can live together in peace and help each other grow.
103  Alternate cryptocurrencies / Altcoin Discussion / Re: Passive income on: May 30, 2021, 09:28:56 AM
Generate income, you can join DEFI, CEFI, Staking, Masternode on different platforms. It is important to choose a low-risk platform to invest in. Many people have become rich by participating in the above forms. Typically Cardano, TRON staking; join DEFI Thorchain...
104  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you get mad when the price of your cryptos go higher after you have sold on: May 30, 2021, 09:25:18 AM
I still often fall into the situation that OP mentioned. I lost a lot of the benefits that I should have received. Maybe now I've become numb to that feeling and then I just told myself to be more patient with my decision.
Newcomers to the cryptocurrency market often make mistakes. Many people left the market before the market made a profit for them.
105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does matic (polygon) worth to invest? on: May 27, 2021, 12:40:41 PM
MATIC is being chosen by Ethereum as a solution for ETH 2.0 so in the future MATIC's technology is part of ETH.
This also means that the value of MATIC will increase. Recently, statistics show that MATIC has a significant increase in transaction volume.
Although MATIC is having a capitalization of over 10 billion USD, it is absolutely right to invest in this project now because of what it brings in the future.

https://decrypt.co/resources/what-is-polygon-matic-and-why-it-matters-for-ethereum
106  Bitcoin / Bitcoin Discussion / Re: Iran bans Bitcoin too on: May 27, 2021, 12:36:35 PM
The fact that Bitcoin mining plants cause continuous blackouts in IRAN is the main reason because the electricity produced is not enough to supply.
The Northern Hemisphere is now entering summer and drought occurs in these countries.
Hydroelectric projects do not have enough water to supply electricity to the national electricity grid so banning Bitcoin mining in IRAN is one of the policies that I consider reasonable.
When winter enters the rivers will have more water so hydroelectricity will be more active and Bitcoin mining activities will be resumed.
107  Alternate cryptocurrencies / Altcoin Discussion / Re: Bear Run and the end of many of the Meme/Sh*tCoins on: May 26, 2021, 07:40:18 AM
It looks like the bear market hasn't happened yet as the sell-off is over and buying continues to prevail.
Coin memes continue to be popular. DOGE has been in the TOP5 Crypto with the largest market capitalization after BTC, ETH, USDT and XRP. During the recent drop, most of the old and new cryptocurrencies fell 2-5x but with DOGE it was less than 2x.
I think the coin meme is still trending in the market.
108  Bitcoin / Bitcoin Discussion / Re: Bitcoin is new digital Gold on: May 26, 2021, 07:34:14 AM
Bitcoin and gold are volatile investments in the short term. But in the long term, they may provide a hedge against unlimited money printing. Both of these assets are scarce and finite commodities. Relative to fiat currency this gives them value.

In this article, we will compare the relative scarcity of bitcoin and gold using the Stock to Flow model.

What is the Stock to flow model?
The stock to flow (S2F) model can be used to measure the relative scarcity or abundance of finite commodities like gold or bitcoin.

The “stock” is the total supply that has already been mined.
The “flow” is how much new supply is mined each year.
The stock to flow ratio is given by the formula below:


S2F = Stock ÷ Flow = Total supply already mined ÷ New supply produced each year



https://www.stopsaving.com/the-stock-to-flow-model-for-bitcoin-and-gold/

https://stats.buybitcoinworldwide.com/stock-to-flow/


Please read carefully the contents of the two links above. I quoted a passage for you to understand that gold and Bitcoin share the same growth pattern.

Gold has existed for thousands of years and its price increase is based on the needs of nations and people.
Bitcoin is a new asset-based on computer science (blockchain technology) and economics. Bitcoin is becoming the new store of value as it gets more applied in economics. Bitcoin's intrinsic value comes from community and government acceptance and scarcity over time. Bitcoin is not a Ponzi, it's a new world asset. On the point of money flow from gold to bitcoin, I disagree because bitcoin and gold are both bullish.
109  Bitcoin / Bitcoin Discussion / Re: on-chain vs off-chain bitcoin on: May 25, 2021, 05:06:45 PM
Centralized exchanges are designed to hold all of a user's Bitcoin. The numbers shown in your account are just numbers and only when you make a withdrawal will they approve and you get paid.
This feature is different from DEXs where you trade Bitcoin in Wrap.
When you have deposited money on centralized exchanges, it is considered that you have given the money to someone else to keep. The risk when the exchange crashes or gets hacked is that you lose your money. The Bitcoin legitimacy that you deposit into the exchange when depositing and withdrawing is equal. If you deposit dirty coins to a centralized exchange they will be confiscated.
110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Matic Network coin is consistently outperforming on: May 25, 2021, 04:53:20 PM
MATIC is a development project on Ethereum's L2 layer and was chosen by Ethereum as a solution when launching ETH 2.0
We are seeing a lot of tx being done on MATIC. I think MATIC's capitalization will increase even higher in the future when ETH 2.0 comes out.
The recent declines show MATIC's strength as it consistently bounced above the $2 level and failed to drop below $1.
Why ETH 2.0 would need polygon once it switches to 100% POS? I was thinking that by doing so Ethereum2.0 will enhance scalability and decrease fees and therefore there is a risk that polygon will loose its utility... I am a polygon holder by the way but I want to understand the future of polygon... Are you sure Ethereum has chosen polygon as a layer2 instead of its own?



Please allow me to answer your question. ETH chose MATIC because the solution offered by this project was good and ETH did not have to take a step to renovate their project. In other words, ETH has saved considerable effort and time.
You can also find the answer in the most scientific way using the links below.

https://twitter.com/0xPolygon/status/1283115941224566786
"Our CS-2008 testnet, which is a replica of mainnet, achieved 7,200 TPS on a single sidechain during stress testing with 120+ “public” validators!⚡️"
What is Polygon (MATIC) and Why It Matters for Ethereum
https://decrypt.co/resources/what-is-polygon-matic-and-why-it-matters-for-ethereum

There are many projects developed on the L2 layer of ETH such as OMG, LRC, SKALE, MATIC... but MATIC's technique is the most suitable.
111  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: 👍 Create your Ethereum (ERC20) or Binance Token (BEP20) within a minute! on: May 25, 2021, 04:47:43 PM
Are you just generating an ERC20 or BEP20 token whose data is empty?
If I want to develop my own unique project will I need to update the data for my token or am I forced to create another token and add data to that token?
I'm not a programmer, but I have some cool ideas.
112  Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA, why no pump yet on: May 25, 2021, 04:43:18 PM
So far some technical analysts are betting that IOTA could surprise, but in the face of so much uncertainty with BTC, if BTC falls further, the chances of IOTA making a bullish jump are less, but we must take into account that the analysis Below by a trader, see IOTA with a possible pump to 3USD, from 3USD to 5USD can occur at any time if BTC is in a bullish trend:


Source: https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/

Of course this analysis is long-term because when observing the chart it can be intuited that the movement may occur, for those who are investors, it is very useful, because if the analysis is taking into account the price of BTC for now, if BTC rises , it can happen much faster.



All short-term technical analysis is broken because of Bitcoin price drop. I noticed IOTA is the old altcoin like EOS and XTZ. What these cryptocurrencies have in common is that their technology is terrible and difficult to apply widely. IOTA has a not-so-rich community so it will increase in price eventually after Bitcoin has rallied.
113  Bitcoin / Bitcoin Discussion / Re: 4chan post explains what will happen to bitcoin and it was somehow right on: May 24, 2021, 11:14:15 PM
The rich, the whales are quietly shaking hands to manipulate the market. I think there is no such thing as a coincidence, the market has a general pattern and we see at different time periods the same harmony on the charts.
We cannot fight FUD because human psychology towards them is the same from time to time. We will again see someone or some government continue to FUD bitcoin in the future.
114  Economy / Economics / Re: Assault of Wall Street against crypto, fault put on the Chinese. Opinion. on: May 24, 2021, 11:05:56 PM

People are trying to put the blame on something but the reality is that people sold and if people sell that means the price will drop and that's it, some people sold and the price went down and that is the only reason there is no other reason. If people do not get this and look for a problem and a reason they are not going to find the right answer.

That is exactly what is happening with the crypto market and all markets. It is the psychology of investors that is the biggest flaw for big boys to take advantage of to manipulate the market. People believe in FUD and believe in chart pattern breakout to sell down. Many people have made good money selling short in each FUD.
115  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal Experimenting with smart contract !! on: May 24, 2021, 11:03:31 PM
Technology corporations such as Samsung, Microsoft, and Apple also have hundreds of blockchain-related patents. Paypal is also a big tech company and they also have blockchain-related research. Paypal is the largest cross-border payment company in the world, so it's only natural to find a way to upgrade their payment and money transfer solutions.
these big company have many patents but never actually use it for the betterment of the community instead they just keep it to themselves, with smart contract i think paypal will open up their platform to crypto people but certainly its not gonna go against their interest but i could imagine its gonna stimulate other companies to use smart contract if paypal could prove it to be beneficiary, the most important thing is to see how they could actually implement use of smart contract to their centralized system and im really curious about that.

Sure, PayPal will put the technology on their centralized chain to be able to easily manage assets. The advantage of a centralized chain is that they can easily modify the data for their own purposes. I don't expect them to bring their blockchain technology to the public because it's a copyrighted intellectual product. I don't know which technologies of corporations and open-source blockchains are better.
116  Bitcoin / Bitcoin Discussion / Re: China bans Bitcoin again in 2021 on: May 24, 2021, 10:57:25 PM
The crackdown on Bitcoin mining activities in China has been going on for years and I see nothing new. This time the Chinese government only insisted one more time. I think this is not new news and this is just a reason for the big boys in the crypto market to manipulate the market profoundly. Buying cheap Bitcoin happened quickly and there were thousands of Bitcoins moving out of exchanges after Bitcoin dropped to $30,000.

The Chinese government causes a crash in the cryptocurrency market every now and then. And this makes me suspicious. Are they manipulating the market, so that their miners and traders could accumulate cheap coins? Let's not forget the fact that the Chinese Yuan is one of the most manipulated currencies in the world. If the Chinese government can manipulate their national currency, then what stops them from manipulating the cryptocurrency market?


China has been quietly supporting Bitcoin miners for years because they have been talking about banning Bitcoin for years. I remember in 2017 at the G20 summit in Copenhagen, Switzerland, they voted against Bitcoin. By far, Bitcoin miners from China have the largest hash rate in the world. We can ignore the news of FUD and hold Bitcoin to eliminate manipulation. As I said news is not the problem but human psychology and the use of news to destroy the important market. We cannot change that because human psychology does not change in each period.
117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth 2.0 Impact on Eth on: May 23, 2021, 09:31:48 AM
I was very confused when reading the content of this thread. Let me explain to you as follows: ETH 2.0 is an upgraded version of ETH 1.0 technology so it is still just ETH and no Fork happens.
So the price increase or decrease will take place directly on ETH. Price decrease or increase will depend on the success of the upgrade to ETH 2.0
118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is This Chart Bullish or Bearish? on: May 23, 2021, 09:25:54 AM
A chart where we can't pinpoint any timeline or anything. In this case, any good trader would shake his head in disgust.
It is best if you provide more information so that we can discuss it further. Currently, Bitcoin's chart is very bad. As we know most altcoins move in the direction of Bitcoin so in this case, a price drop will occur.
119  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal Experimenting with smart contract !! on: May 23, 2021, 09:16:55 AM
Technology corporations such as Samsung, Microsoft, and Apple also have hundreds of blockchain-related patents. Paypal is also a big tech company and they also have blockchain-related research. Paypal is the largest cross-border payment company in the world, so it's only natural to find a way to upgrade their payment and money transfer solutions.
120  Economy / Economics / Re: Assault of Wall Street against crypto, fault put on the Chinese. Opinion. on: May 23, 2021, 09:12:44 AM
This is not true because China is a country that bans Bitcoin regularly and historically they banned Bitcoin in 2013, 2017 and 2021. After each announcement, the value of Bitcoin plummeted, then helped Bitcoin hit ATH on the previous two occasions. I believe this time Bitcoin will soon hit $100k and beyond.
I am not concerned about FUD by the Chinese government but it is Elon Musk who upsets the market by constantly posting tweets about crypto to mess up the market. I will see how long his DOGE coin can hold up this time.
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