Latest posts of: batang

Quote from: rodskee on December 16, 2023, 08:55:34 AM

Quote from: batang_bitcoin on December 15, 2023, 09:52:02 PM

With all of the halvings that happened to Litecoin, the most recent and the past one with that didn't have much effect. That's why when there are news about Litecoin halving, it doesn't do much anymore to impact the price. While it is believed that there should be one but it's different on this manner because the market variations are changing and Litecoin is no longer one of the altcoins that we used to say as the best. To me, it's still one of the best if for alternate transfers for its features.

yeah that's a great explanation mate and indeed that nowadays Halving of other coins aside
from Bitcoin does not bring any expectation from the people even Litecoin investors does not count this as
a good day to look at instead what they do is wait for Bitcoin halving because for sure their coins will have
movement those days.

It has been proven over the years and over how many halving ob bitcoin that it brings best
interest to all currencies aside from complete shitty that mostly pumping and dumping without any reason lol.

That's true because if we're going to observe them, there's really no point at all to see some halvings anymore with the altcoins that do it. Look at the burning, it's a mechanism that's been done for the known cryptos and said to be helping the economy of that project.
And when other projects did the same thing, it didn't do that much and instead, there was no effect at all for most that did it and that's why it's not recommended to just get on hyped due to these projects that have these events.

Quote from: jrrsparkles on December 16, 2023, 07:42:00 AM

Quote from: batang_bitcoin on December 15, 2023, 10:25:42 PM

Quote from: jrrsparkles on December 15, 2023, 07:33:09 PM

Stablecoins are never meant for long-term storage if that is the case would you prefer CBDC over USDT or other centralized stablecoins which always struggle to be close to USD's value?

Well, the difference is that the government can just give notice to the other stable coins that are not backed by the government. So, stable coins even if they are centralized but if they're not backed by the government then they might have some problems towards compliance. If there's a stable coin that's decentralized, that's what I'll use and that's DAI. If there's another one that proven to be decentralized, I might use it as well.

That is the right choice as well but DAI is never preferred by traders as their go-to stable coin but my question is if we have to pick one from a centralized stable coin issued by someone or CBDC issued by your government.

Well, to answer your question. I have two options. It's either USDT or USDC. I think these two are the ones that I'll take from these centralized stable coins. IMHO, they're much better than CBDCs because they're one of the actual stable coins that can be said as a cryptocurrency. Unlike with CBDCs, they're not real cryptocurrencies but just made to compete with the stable coins. Anyway, that's my take on your question.

If this is your strategy in spotting and buying coins, you're likely always going to buy at the top. I never heard anything about this coin even it's listed on gemini or any other exchanges, if I am sure then I'll just let it pass and won't bother people in asking if it's good to buy it or not because no one's really know and suggestion varies from every person. People who have it will want you to invest and have it as well but those that don't have an idea like me, will just tell you to play it safe.

I have no idea but the only way to know is to check all of its markets or get the idea from where it is listed if they support the Fantom Network that it has got.

https://coinmarketcap.com/currencies/wrapped-bitcoin/#Markets

To get an idea, just ask the support or look at their withdrawal on what are the networks or chains does it support fro the WBTC that are listed on these exchanges on that list.

Quote from: matejbilahora on December 15, 2023, 07:59:46 PM

I would like to ask the locals here why do people jump always on new projects. There are plenty of good ones which are runing years unnoticed.

It's because the sequence of the new projects haven't been made any pump and that's why many are investing on them in belief that they might pump a lot. That's where the idea goes of having x10 - x1000 or more gain.

Quote from: matejbilahora on December 15, 2023, 07:59:46 PM

And people would love these small projects.

Yes, that's why if you're not into these small projects, you can invest into the bigger and known ones than them. There's higher risk in the new projects.

A lot of money is getting in on these BRC20 tokens. While they are all good as they contribute to the entire market with those caps its effect does no good to the majority of the Bitcoin holders and does transactions and transfers at all times including me and you. Whoever are pumping this, maybe this are also the people that came from the NFT markets where they've slowed down with the cash flow there due to the dying market even if we're close to the bull run. Can't say that this are from the institutions, they're not dumb to get into it or maybe they do.

Having good debts are easy to establish when you have actual assets that the banks will see for you to use it as a collateral. But if you're starting from zero, it's not advisable to take loans and that's why even if the sole purpose is going to be for business or investments. You shouldn't do it.
Don't rush into the scene just because you see people telling that it's okay to have a good debt because it is for business, investment or buying an asset. Remember that there's an interest that you need to make, so you need to establish yourself first before making a good debt.

Okay, here we go again that the media will sensualize Bitcoin because a ransomware group asks for money with the data that they've hacked from a company. What if the group demands a paycheck through bank transfers? Obviously, they won't put the currency there as it's just the amount that's being asked.

Quote from: Hispo on December 15, 2023, 11:07:40 PM

Am I the only one who believes the price they are asking is exaggerated? That is the price tag I would expect to see for stuff like government confidential information, instead comercial information about video games.

Depending on the data they have, I have no idea with insomniac but if it seems to be that much and important for them, that's probably the estimation cost of the group of its importance.

Quote from: peter0425 on December 15, 2023, 10:14:34 PM

Quote from: batang_bitcoin on December 15, 2023, 09:52:02 PM

this may also be the reason why it seems that the community of Litecoin are also relying in the coming Halving of Bitcoin and the bullrun that will this bring? if that is the case then what is the sense of having their halving when it only favors few(miners) and not its investors and supporters?

It's all programmed and that's why it will just keep on going despite that there is not that much effect anymore at all. The miners will be affected but on the perspective of investors and holders, you've seen that there's no effect with it and that's why it's best to anticipate nothing if the halving is with Litecoin. But it's definitely a different story if the halving is all about Bitcoin and it's like affecting the majority of the cryptocurrencies in the market including Litecoin.

Quote from: jrrsparkles on December 15, 2023, 07:33:09 PM

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Not much to read in the report part from the fact stable coins like USDT, USDC is struggling to keep up their purpose of stable coins now governments may push their CBDC tokens now to the crypto community as an alternative which is good or bad in your opinion?

This is long overdue and they've been on it, I think a year ago or two already.

Quote from: jrrsparkles on December 15, 2023, 07:33:09 PM

Stablecoins are never meant for long-term storage if that is the case would you prefer CBDC over USDT or other centralized stablecoins which always struggle to be close to USD's value?

Quote from: rodskee on December 15, 2023, 11:47:41 AM

that is enough time to taste what Litecoin can really bring to the supporters , but what I
am desperate to see is that Halving of Litecoin should be bringing at least quaking the value of this coin
for investors of this coin , Actually i also hold this coin back in 2017 but leave when 2018 bull ends because
I know that there are coming bad for the following months and years.

Quote from: fapar on December 15, 2023, 06:22:44 AM

Quote from: batang_bitcoin on December 14, 2023, 07:26:44 PM

Does he have leads on who's the potential culprit with the said hack? if it's a direct access then that only means that there's someone from his home that have done it.

There are no assumptions. Direct interference is almost 100% excluded: no one had access to his PC and there are no people around him who understand cryptocurrencies. The only thing I can assume is that the seed phrase was stolen during the installation of the wallet by some type of Trojan or the version of the wallet was compromised. Plus he used a Mac.

Whether someone uses mac or windows or linux, if the person have fallen to the phishing links or forms then the seed probably have been taken and compromised and the hacker just waited for it to get funded and always checks it from time to time. What an unfortunate scene for the guy, I just hope that he'll recover from this incident and won't make him quit the market because that frustration will make someone quit if it's a lot of money that's been hacked or even the hack itself alone.

Quote from: bettercrypto on December 15, 2023, 03:06:59 AM

Quote from: batang_bitcoin on December 14, 2023, 08:04:23 PM

Quote from: Parklane777 on December 12, 2023, 07:29:07 PM

Hi, i do trading with capital 3$ spot trading no leverage.
Im using poloniex for this
I have experince over 10 years not actively traded all those years.
Going to be interesting
I want to see how i will do it in one week 2weeks and month and so after few months.
I Im in ADA now with 1$ of my capital 3$

I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL

Will the orders even allow you to place an order with $3 as your capital? Binance says $10 for the minimum amount and let's say that poloniex allows that.
What's going to be your profit with that? I know that everyone can start as little as they can be but this challenge is so hard at all to pass. But if this is just for the sake of content and satisfaction then, I'd wish you nothing but good luck with this because even I do this as a challenge, I think that I won't make it far.

Of course, if the amount is small, the profit that can be obtained with 3 dollars is also small, but I just found out that it is really possible to trade worth 3 dollars on Poloniex. I don't seem to know of an exchange that allows a trader to trade below $5.

Then on Poloniex, that used to be a well-known exchange and was on the top list way back in 2016–2017 because I used to use that too. But I was stuck there for a long time because I didn't have any assets there.

I've known poloniex but didn't used them for a very long time. If it's allowed to trade there as low as $3 then good luck to OP and his plan. The expectation won't be that much then for this challenge that he's going to do and if he finds success in expanding and growing that capital of his, he might be considered as a great trader based on how he'd end up here. But as I have said about not expecting a lot, I just think of it that he's going to get liquidated with that very small amount through fees.

Quote from: electronicash on December 15, 2023, 07:49:39 PM

Quote from: batang_bitcoin on December 14, 2023, 08:47:04 PM

DR; That can be a made-up story to get more attention to that meme coin. But I also know stories like that are the same in the past that are genuine. I have no guts unlike this guy to invest $1k in meme coins. He probably has this money as spare and willing to lose. Who's going to invest in unknown meme coins? Well, anyway this season is like whatever you buy seems goin' to make you money even with random meme coins. Still, I'd play safe and won't do this.

just what i thought too. the marketing never ends in just launching a memecoin but having made up stories that made some random investor make $100K out of $1k could mke someone also dream of it. the new memecoins are the last thing i would get into but would rather be gambling on the old ones that have already tested the bull and bear season.

i made a good profit as well with doge but at least this memecoin is very much known to every crypto user, unlike that WFT memecoin that even SOL holders are unaware of it. BONK is more popular and holders are even taking profit already.

This is the other way of marketing although this is no longer new to the scene but many projects are attracting ignorant people about this. They'll make good story that they've bought it too early and now they've earned thousands, hundred thousands and millions. It's funny when you understand it although some fact may be on it but in general, this is nothing new and everything is all about hyping the project itself and that's why if you're going to be dependent on these news and experiences, you need to be careful.

Quote from: Bushdark on December 15, 2023, 07:33:25 PM

Quote from: batang_bitcoin on December 15, 2023, 06:58:28 PM

Honestly, it's all about luck. Like what's happening now, many say that SOL tokens are going to be the good ones and that's why they're going to end up with some good gains because Solana is also pumping and gaining traction. But in reality, no one really knows what will be the next new projects that are going to gain those gains because we don't hold the market. And those that have good developers don't also guarantee the success of projects and that's why you just keep on DYORing if you're into it.

There are many features we can look out for to know the projects that are reliable and the ones that don't worth it. Good projects can be sometimes difficult to know so we need to keep checking the mark for reliable projects that would give us huge profits from the market.
When looking for crypto projects to invest in, we need to look at the ability of the team to do marketing and keep promoting the projects so that other investors can join the project and send the price to the moon. This is why we do see projects going up and doing well after launch.

There are but it's going to take you time and even if you apply and try to find those features, you are still unsure if a project is going to be worth it to invest. That's why in all of it, there's no way to determine if a project is going to blow up because they're all random. Maybe a sign is that when you see some good gains for this day and it's gaining a lot from its market cap and from there, you can start speculating and analyzing if they're going to blow or not.

Quote from: rodskee on December 15, 2023, 09:31:17 AM

Quote from: batang_bitcoin on December 14, 2023, 08:47:04 PM

Exactly what I see here mate, because random people claim to be earning this and that but
ended nothing but a made up stories, how many of this have we seen over the years even in ICO/IEO times
this is happening , this is also the reason why I never trust any Memecoins now aside from Dogecoin and
Shiba-Inu that i have vested recently but take out my coins now.

Not just one time I've seen something like this but a lot of times. They claim that they are early investors but what seems to be unbelievable is that, with great amount, knowing that these are shitcoins and meme coins, do they really think that with such amount people are going to invest randomly on them? Anyway, they really are risk takers if they are this type of investor that looks into these projects and invests a lot of money that can multiple a lot.

Quote from: pelumi20 on December 14, 2023, 04:59:51 AM

This question is to help guide newbies on how to spot new gems themselves.
I believe the best way for people with small liquidity to make good money from the bull market is to invest in small cap projects before they get big.

I’ve always asked gurus( that post is 100X and ask you to join their private telegram) this question but none of them ever give a detailed answer. All they say is DYOR, I mean I’m asking because I want to know how exactly to do my research. Can anyone give a detailed explanation on how to find new projects as they are launching before they gain attention.

Quote from: vv181 on December 14, 2023, 03:54:37 AM

Quote from: batang_bitcoin on December 12, 2023, 10:41:55 AM

Quote from: vv181 on December 12, 2023, 08:24:36 AM

Yes, that doesn't exempt the others from the compliance that the regulators might ask them. While there can be a lot of these advisories that are going to come in the bull run. As of now, that's all what they need to make based on the situation that Binance is dealing with them.
Well then, we're going to see if something different might come then after they're done with Binance. All the compliance were done, each country has their own rule towards them, so that's it.

If we look at the past and take the case of the SEC, they always chased those who were not "compliant" or when they found some loophole concerning the imperfect cryptocurrency regulation. Take the example of Bittrex or LBRY, they do get charged by them. Furthermore, yes, I am also aware when it comes to bull run, many eyes will be looking into the space, so the regulation pressures will likely increase.

As the cryptocurrency ecosystem becomes more mature, a strict or firm policy will be directed toward this space. There is a lot of interest and motive from authority to control this space.

That's true and that's why we might find them everywhere regulating and I think it's as early as last year when we've heard the pressure to Binance on their US resident users and then it something like this. And I guess that most countries are going to follow steps that have been taken by the US for each and following countries that has also SEC on their government agencies.

Quote from: Parklane777 on December 12, 2023, 07:29:07 PM