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1621
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: hi guys 5 year crypto time capsule what should i buy
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on: May 15, 2021, 10:17:47 PM
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Guys i want random opinion of someone on internet. i want to buy 2 grand (pounds) crypto im going to put it in 5 year time capsule by throwing away password and then having it emailed back to me in 5 years. im looking for big gains, but not crazy risky what should i buy thanks for your input
First, you don't have to throw your password and have it emailed back to you. I don't advise you to do because you can keep your private key and that's a better way of keeping your wallet. Because having it on your email, there's a chance that your email might be hacked. And as the option that you're wanting, there's one crypto that's very close to what you're thinking. There's none other than but bitcoin. BTC not just that reason when it comes having a backup through email.. Because to be honest there's alot of situation that sometimes forcing us to change password not just 5x wherein 10x is possible especially if its your personal email. And i believe for that reason there is a possibility that if the time pass by and if you lost your current back up there's no way you can remember the password you changed in it.. Then only thing you can remember is the common password that you used in your other accounts.. It happens to me actually and that really hard to remember.. So if i were you guys print it or carved it in a piece of wood metal and etc because that's the only thing that can really keep our private information even for long time.. Yes, think of situation like that if you're putting your back ups through email. But if it's a personal email then it is unlikely that you will forget that email. But just in case that we're growing old and things are changing, you really can't predict something like that to happen. I don't advise to have common passwords because if a hacker gets in then all of those accounts of yours can also be affected if the hacker tries to sneak into your other emails or accounts having the passwords and accounts. |
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1622
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] CoinGecko.com - 360 Degree Cryptocurrency Valuation and Ranking
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on: May 15, 2021, 09:40:06 PM
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Is this for real? with the market price that's around $8,000. Where did you get that pricing? did you contacted them and that's the amount that they've replied to you?
It looks like he was getting it from some people that spread rumour about that. As far as i know coingecko charges nothing or it's free to list a new coin on its platform. Thanks, I thought that it's a reply to him and that's the standard fee for whichever coin or token that will be listed to them. Until now, I still have no idea how much these trackers are charging them and also its competitor but the sure info is that it was way cheaper before and probably did done it for free. Did their team said that they've paid nothing and they'll be listed once coingecko's team has approved their application? |
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1623
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Alternate cryptocurrencies / Altcoin Discussion / Re: buying monero with bitcoin
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on: May 15, 2021, 09:10:48 PM
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i will be trading p2p so there will be no record of a a bitcoin exchange being involved in the transaction. From everything I have heard an interac e=transfer gives them no clue that I bought bitcoin, it is just some person I payed, they don't know for what.
I could be wrong, but if I buy the monero p2p using bitcoin, once again all they see is that I did a bitcoin exchange with someone, they don't know what I bought with it. Again I could be wrong about this, maybe someone else knows more.
There will be a record on p2p. Why is this a big deal for you? everyone is trading on exchanges and having their own records on those. But it seems you're too concerned with your privacy and there's no need for you to be too paranoid about it. Just trade and do what you're going to do and just leave it then. The government will always have its eye everywhere but with such transfer you do, they won't be able to track you if it's just a transaction. |
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1624
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Alternate cryptocurrencies / Altcoin Discussion / Re: buying monero with bitcoin
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on: May 14, 2021, 10:12:19 PM
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This is all from the point of view of a decentralized, p2p, no kyc exchange. If you pay for bitcoin with an interac e-transfer, I have heard the bank has no idea where the money went, or at least does not know you bought bitcoin. Is this true?
Once you have bought the bitcoin, do the banks and the government know you own bitcoin? Do they tax you on that?
When you buy monero with bitcoin, do they know you now own monero, or are they just guessing that you do, in other words do they have proof that you bought monero? Do they even know you bought monero? I am eagerly awaiting an answer as I think these are fundamental questions.
Also, what is the advantage of using Bisq over other decentralized, p2p, no kyc exchanges.
The concern of knowing if the banks know that you've purchased bitcoin or monero or any cryptocurrency, they won't have an idea that you did. What they're going to know is that when you're starting to transfer cash out from exchanges direct to your bank account. If the banks in your countries are too strict if the transfers are coming from exchanges then that's how things will start. They might ask you how did you got the money especially if it's a huge amount of transfer all of a sudden. And for the taxation, it lies from the government's rule in your country but most likely you'll get taxed and they'll have the record from the exchange you use. |
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1626
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: hi guys 5 year crypto time capsule what should i buy
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on: May 14, 2021, 07:17:04 PM
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Guys i want random opinion of someone on internet. i want to buy 2 grand (pounds) crypto im going to put it in 5 year time capsule by throwing away password and then having it emailed back to me in 5 years. im looking for big gains, but not crazy risky what should i buy thanks for your input
First, you don't have to throw your password and have it emailed back to you. I don't advise you to do because you can keep your private key and that's a better way of keeping your wallet. Because having it on your email, there's a chance that your email might be hacked. And as the option that you're wanting, there's one crypto that's very close to what you're thinking. There's none other than but bitcoin. BTC |
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1627
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Alternate cryptocurrencies / Altcoin Discussion / Re: What if Elon musk launches his own coin?
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on: May 14, 2021, 06:46:09 PM
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It will do well at the beginning and that's for sure but the question is next if him and his team will manage to take care of it. Just as we know with the market, whenever what's launched earlier, there will be a bunch of investors coming in and out with that coin because they believe not to the coin but to the person that has launched it. I think this type of strategy must be changed or it will be automatically changed when we go again to the bear market.
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1629
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: DeFi on Bitcoin, is it possible?
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on: May 14, 2021, 02:58:12 AM
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It is possible and there's already WBTC or Wrapped Bitcoin which is dedicated on it. And the valuation of 1 WBTC is just the same as the price of bitcoin.
1 WBTC = 1 BTC and whatever the price of bitcoin, it will also be the same as wrapped bitcoin. With the stacks that you've introduction, seems like 12% is a good average APY but in anyway that could still be changed right?
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1630
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Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot
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on: April 10, 2021, 02:03:19 AM
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One of the biggest mistakes that a lot of lottery winners make is that they end up spending most of that amount on expensive real estate. But due to their inexperience, they fail to notice the annual charges that needs to be paid. The property tax can amount to 2% to 3% of the total value of the property, and on top of that maintaining such luxury properties in a good condition require a lot of funds. In 10-15 years, the property can cost as much in annual charges as its original purchasing price.
Those expensive real estate can still be said as an asset which for me is a good thing that a winnee has spent on their money. That is considered as an asset if they will use that expensive real estate for rental and its value will appreciate overtime. It is better if they spend it on that thing rather than things that will depreciate even if they are not financially good in deciding what to buy and what to keep. |
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1631
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Bitcoin / Legal / Re: Hashflare
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on: March 30, 2021, 12:06:16 AM
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I thought that they've already closed down after the bear market. It's ironic that they don't want to help you but on their About Us says that they're happy to answer. If you have any questions regarding the services of HashFlare or mining in general, our team will be happy to answer. |
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1633
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins
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on: January 12, 2021, 12:13:17 AM
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Don't day trade if you are still new. Whether you have big or small money, the chance of losing is higher because you're just starting out. But if that's okay for you to lose a lot of money because your day trade, depends on you. If you have a lot of money in MKR, hold it just like how others are holding their bitcoins.
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1634
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation
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on: December 23, 2020, 09:17:44 PM
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0.3 was dip price. it will make 2x when they will agree with sec.
dont panic and sell xrp from this dip price
$0.27 just now. I want to buy this dip but very possible that many exchanges will close their xrp trades and might delist it to their exchanges to avoid further sanctions that might be thrown to them by just having xrp. Big sell of from XRP its down by -19% in 24 hours after this lawsuit news I wonder what will the the future of XRP now? I heard that all exchanges that currently trading XRP might also get sued by SEC or maybe as a trader its a good opportunity to buy at dip,
That's what I think, good time to buy but doubtful at the same time with that worry that might impact the exchanges too. |
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1635
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO, IEO, IDO, STO which best?
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on: December 13, 2020, 10:49:27 PM
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I've missed that IDO and never heard of it but with the meaning of it, is it one good crowd funding to invest? and also STO? IEOs are the most secure so far. I can't find an error in your logic.
The big exchanges are very interested in these offers. If it is Binance, small exchanges will soon be interested in them too. But risks will always exist, so be careful...
There's no security with IEO, the security is just it's about to be listed and pending to be traded on the exchange that supports it. Other than that, I can't see that security you say. |
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1638
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Alternate cryptocurrencies / Bounties (Altcoins) / Re: [OPEN]🔥Daily Crypto Giveaways🔥 🔴450XRP Signature Campaign🔴Earn up to 40XRP🔥
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on: December 07, 2020, 10:56:07 PM
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Noted, Destination tag is only needed for some wallets as it requires it. I'm also using an Atomic Wallet for escrow for the campaign funds. Please do note that atomic wallet requires an unspendable XRP of 20 XRP on their wallet. I'm using atomic wallet and it doesn't have a destination tag for its XRP address.
Yeah, thanks mate. I just want to inform it to have no problems with informing you about the tag. It's sad that this bounty campaign has to end quickly. Thanks for putting me on-board. |
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1639
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is it a scam?
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on: December 07, 2020, 10:53:45 PM
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Having that explanation, you lost half of the price of Litecoin in based market's price. Is your friend working for that exchange or he has no idea what happened to you? It only takes a few seconds to know this was a scam. The website is poorly designed, doesn't have a certificate, they have the word "sex" in their website name, and they use a cheap .vip domain. How many more red flags did you need to see before you determined this was a scam? $12k is a big loss but I can't really feel too sorry because it was such a stupid mistake for you to trust them with any amount of money.
Correct. The domain was even suspicious. |
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1640
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Economy / Trading Discussion / Re: EXECUTION of crypto arbitrage?
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on: December 07, 2020, 10:04:50 PM
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The institutional markets are finally coming in crypto and it's just a matter of time but it's been said that they're coming. And for arbitrage opportunities? I don't think that you'll be happy to try it. Your chosen exchanges might put you into delay with your transfers.
You know the market is very volatile and could make you even lose that quick with split seconds. But if you successfully done it once or twice, I don't think that you can do it again perfectly but I'm not saying that it would be closed and no more opportunities left.
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