MultiversX (EGLD) is the next Bitcoin

[decodx]

I've been in crypto since 2013 and also have an account on this forum from around that time. I'm posting from a new one on a purpose.

Of course, anyone can claim whatever they want, but that doesn't mean they're telling the truth. Obviously, if you've been in the crypto since 2013 as you claim, you wouldn't be saying such nonsense.

If I wanted to be more credible I'd post from that account (because it's a hero member). But I want excacly the opposite - to attract the very few that will believe in the project. Something like Satoshi himself did.

Drawing a comparison to Satoshi is about as sensible as comparing a lemon to a rocket ship - unless you've actually done something as game-changing as Satoshi did.  You don't just show up in some random crypto forum like "Yo whats up, I made a Bitcoin that's way better than the real thing! Now give me your money!" Nah, you gotta earn respect by doing the hard work first, not through empty claims.  Satoshi put in blood sweat and tears before dropping his masterpiece on the world.

Anyway, if MultiversX (stupid name, by the way) is really that advanced, maybe you can explain why it sank over 95% from ATH in a two year period?

[Saisher]

The project looks good but you should not shill it as the next Bitcoin it's a bad sign doing so, don't you know that there are hundreds of coins that claim that they are the next Bitcoin look what happened to these coins they are now out of the market.
You can shill your coin whenever you want but calling it the next Bitcoin will just put your coin in the bad light and I don't see anything on it that will gain a lot of support worldwide, in fact, this is the first time I read about this coin and I'm sure all the others feel the same.

[CryptoUnderground2030]

I've been in crypto since 2013 and also have an account on this forum from around that time. I'm posting from a new one on a purpose.

Of course, anyone can claim whatever they want, but that doesn't mean they're telling the truth. Obviously, if you've been in the crypto since 2013 as you claim, you wouldn't be saying such nonsense.

If I wanted to be more credible I'd post from that account (because it's a hero member). But I want excacly the opposite - to attract the very few that will believe in the project. Something like Satoshi himself did.

Drawing a comparison to Satoshi is about as sensible as comparing a lemon to a rocket ship - unless you've actually done something as game-changing as Satoshi did.  You don't just show up in some random crypto forum like "Yo whats up, I made a Bitcoin that's way better than the real thing! Now give me your money!" Nah, you gotta earn respect by doing the hard work first, not through empty claims.  Satoshi put in blood sweat and tears before dropping his masterpiece on the world.

Anyway, if MultiversX (stupid name, by the way) is really that advanced, maybe you can explain why it sank over 95% from ATH in a two year period?

I agree with you on the name.. It really is. The price - yes, that's something I can explain very well. It happend for the same reason that Bitcoin dropped from $30 to dust in 2011 - whales did this. If you study history of markets you'll find the same pattern. They accumulate when the price is low, then start pumping it (that's when smart money also come into play), then when the price peaks the masses arrive led by mainstream media, and eventually they dump their bags on sheeps. The cycle repeats. They've been doing it since the great depression times.

[CryptoUnderground2030]

The project looks good but you should not shill it as the next Bitcoin it's a bad sign doing so, don't you know that there are hundreds of coins that claim that they are the next Bitcoin look what happened to these coins they are now out of the market.
You can shill your coin whenever you want but calling it the next Bitcoin will just put your coin in the bad light and I don't see anything on it that will gain a lot of support worldwide, in fact, this is the first time I read about this coin and I'm sure all the others feel the same.

I'm not shilling. I just know something you like 99% other people don't.

[Xal0lex]

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

Good joke. No, it's not the next bitcoin, it's just another shitcoin that no one wants. Overly loud claims are very often accompanied by scams and fraud, especially when it comes to new altcoins that nobody knows about. What makes you think there will be such a price in 2025? Is it your fantasy or have you already flown to the future and looked at the chart? No one in the world knows what the price of any asset will be.

It looks like you even didn't bother to do a smallest research. The mainnet is running for more than 3 years with roughly 200k tx per day (that's the same number that Bitcoin does daily). It has super app called xPortal with more than 1m users. It also has 80m usd locked in its Defi protocols.

What's next? Are you seriously suggesting that what you listed gives you the right to call a coin the next bitcoin? There are plenty of coins with these parameters, but somehow in 14 years no next bitcoin has emerged. Why? Maybe because the number of transactions and blocked value has absolutely no value?

Apparently you still haven't done at least a little research and analytics, since you can't see that you're looking at another shitcoin, which has managed to fall in price from $520 to $24.

[o48o]

If I wanted to be more credible I'd post from that account (because it's a hero member). But I want excacly the opposite - to attract the very few that will believe in the project. Something like Satoshi himself did.

MultiversX is not just the most advanced blockchain (it's already way ahead than Ethereum will ever be) but it also has the mobile app that is really gonna be the be your own bank thing. The main application of blockchain is payments and that's what does the best. You don't need to mess with seed phrases and stuff like this; you only need number to create a wallet. Then you can start sending and receiving stablecoins without the native token. For instance, you send 100 USDT and pay the gas fee in USDT (it's called relayed or meta transactions). That is really killer app for blockchain. They have the e-money license required for such transactions but they also need approval I can't talk about now. They will get it 100%; it just needs some more time.

Hero member with negative trust because of scamming someone or what? Come on. Even if you had legendary account that wouldn't mean anything. It's what you say and how you talk. Not how old account you have.

And i am sad to say that none of your points make any sense. You are saying that it's way ahead than ethereum when they are building whole another thing, so they are not even comparable.

"Attracting very few people" doesn't make sense and comparing yourself to satoshi just takes more credibility from you. If you really want to advertise less, then you should try less.

[strunberg]

If I wanted to be more credible I'd post from that account (because it's a hero member). But I want excacly the opposite - to attract the very few that will believe in the project. Something like Satoshi himself did.
 

Firstly, if the project is to fetch a good price, then the more people know about it the better. Liken your behavior to Satoshi? Sorry Bro, when Satoshi created Bitcoin he (or his team) really created a revolutionary decentralized payment system since the world crisis in 2008. And currently what revolutionary things can your project offer?
After all, MultiversX will make people more likely to associate the coin with Metaverse-related technology. As we already know, none of the projects related to the Metaverse have succeeded.

[killerfrost]

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

watched!

I hope you will be alert enough about your stance and try to do what you think is good for yourself and your family.

This is not the right place to speculate on prices or speculate, but the OP's mention of bitcoin made me laugh because the content idea is primitive, instead please explain more about the technology it can apply, or the economics of that project.

Although this is also a quality project that has been building a competitive position in the altcoin market, before it wants to become top, it needs to surpass its competitors in the same field. It's better to base it on the facts, I think MultiversX will have no chance to compete with leading platforms like ETH, BNB, DOT, SOL,... or new L1, so what can you say? More convinces. 

[cryptoaddictchie]

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

Well if you had proven how accurate your guess then I might change my idea not to buy it. But thats not the case here. Theres a lot of competition on L1 and likely they have different cards to play but that high appraisal value? You think thats too much? Considering their ATH isnt way pass on $1k level in span of 2 years? Maybe reaching the ATH first could be somehow credible prediction first.

[CryptoUnderground2030]

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

Good joke. No, it's not the next bitcoin, it's just another shitcoin that no one wants. Overly loud claims are very often accompanied by scams and fraud, especially when it comes to new altcoins that nobody knows about. What makes you think there will be such a price in 2025? Is it your fantasy or have you already flown to the future and looked at the chart? No one in the world knows what the price of any asset will be.

It looks like you even didn't bother to do a smallest research. The mainnet is running for more than 3 years with roughly 200k tx per day (that's the same number that Bitcoin does daily). It has super app called xPortal with more than 1m users. It also has 80m usd locked in its Defi protocols.

What's next? Are you seriously suggesting that what you listed gives you the right to call a coin the next bitcoin? There are plenty of coins with these parameters, but somehow in 14 years no next bitcoin has emerged. Why? Maybe because the number of transactions and blocked value has absolutely no value?

Apparently you still haven't done at least a little research and analytics, since you can't see that you're looking at another shitcoin, which has managed to fall in price from $520 to $24.

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

watched!

I hope you will be alert enough about your stance and try to do what you think is good for yourself and your family.

This is not the right place to speculate on prices or speculate, but the OP's mention of bitcoin made me laugh because the content idea is primitive, instead please explain more about the technology it can apply, or the economics of that project.

Although this is also a quality project that has been building a competitive position in the altcoin market, before it wants to become top, it needs to surpass its competitors in the same field. It's better to base it on the facts, I think MultiversX will have no chance to compete with leading platforms like ETH, BNB, DOT, SOL,... or new L1, so what can you say? More convinces.  

This is not how things work in real world. If you think there's competition in crypto you're very young and naive. There's no competition. It's the whales who decide who wins. They chose MultiversX as the next Bitcoin.

Don't ask me how I know this (I can only say only one thing - this is not public information). In 2025 the price of EGLD will reach $5000. By 2030 it will become bigger than Bitcoin. The coming few weeks is your last chance to grab it cheap.

Well if you had proven how accurate your guess then I might change my idea not to buy it. But thats not the case here. Theres a lot of competition on L1 and likely they have different cards to play but that high appraisal value? You think thats too much? Considering their ATH isnt way pass on $1k level in span of 2 years? Maybe reaching the ATH first could be somehow credible prediction first.

I have a prediction that is not that long from now. The price will start slowly rising by the end of the year (or in the very beginning of 2024) and it will be the start of the new growth cycle.

[coin-investor]

I spent countless hours researching coins and can surely say this is the most advanced blockchain in the space. I already said what revolutionary things it offer.

You should have research the forum rule first before you post your shitcoin here you are breaking the forum rule and you will eventually get a ban if you continue doing this.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

[cryptoaddictchie]

I have a prediction that is not that long from now. The price will start slowly rising by the end of the year (or in the very beginning of 2024) and it will be the start of the new growth cycle.

Oh I see any narrative for egld with this prediction? Marketcap wise maybe can compete with other L1 however thats gonna need a lot of reason and Id hope that isnt about bitcoin related hype just like the last bull run. Well a lot of alts pumped due to that massive movement from bitcoin but there must be something should be happening on them provided with such expectation to occur.

[CryptoUnderground2030]

I spent countless hours researching coins and can surely say this is the most advanced blockchain in the space. I already said what revolutionary things it offer.

You should have research the forum rule first before you post your shitcoin here you are breaking the forum rule and you will eventually get a ban if you continue doing this.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

Like most people in 2023 I'm using smartphone as a primary gateway to the internet and the forum doesn't have mobile version. It's such a pain to use it and expecially quote multiple posts.

I also understand why you're so angry. It's very hard when your favorite coin doesn't go the way you think it should.

I have a prediction that is not that long from now. The price will start slowly rising by the end of the year (or in the very beginning of 2024) and it will be the start of the new growth cycle.

Oh I see any narrative for egld with this prediction? Marketcap wise maybe can compete with other L1 however thats gonna need a lot of reason and Id hope that isnt about bitcoin related hype just like the last bull run. Well a lot of alts pumped due to that massive movement from bitcoin but there must be something should be happening on them provided with such expectation to occur.

I don't really get what you're trying to say. Do you mean what's the reason for that pump? The reason will be unveiled on xDay 2023 (spoiler: it's their growth campaigns)

[decodx]

I also understand why you're so angry. It's very hard when your favorite coin doesn't go the way you think it should.

I also understand why you're feeling angry, but there's no need to let that anger linger over your naive mistakes. Use them as learning opportunities and continue to grow. We've all made mistakes when we were inexperienced, just like you. Just be smart and stop wasting your money on shitcoins.

Like less than 15k daily users. It’s now ancient tech, and intolerably slow. It can’t scale without adaptive state sharding, which they will never implement. Other blockchains have mimicked adaptive state , more modern blockchains that are cheaper and faster, which is all that matters. TON, SOL, APT, SUI, etc etc. VENOM out of Dubai with 1B in funding otw. MEX is a complete disaster, worthless. MultiwhateverXXX app is a disaster. The new DEX Zis quite literally BEYOND COMPRESSION. Written by coders, for coders. The dapp is pretty much worthless. WHO IN THE HELL LET THAT OUT WITHOUT A BROWSER?? EVERY SINGLE WALLET EVER has a browser. Yes, shitcoin. Unstaked my bag a loaded up on SOL

[CryptoUnderground2030]

I also understand why you're so angry. It's very hard when your favorite coin doesn't go the way you think it should.

I also understand why you're feeling angry, but there's no need to let that anger linger over your naive mistakes. Use them as learning opportunities and continue to grow. We've all made mistakes when we were inexperienced, just like you. Just be smart and stop wasting your money on shitcoins.

Like less than 15k daily users. It’s now ancient tech, and intolerably slow. It can’t scale without adaptive state sharding, which they will never implement. Other blockchains have mimicked adaptive state , more modern blockchains that are cheaper and faster, which is all that matters. TON, SOL, APT, SUI, etc etc. VENOM out of Dubai with 1B in funding otw. MEX is a complete disaster, worthless. MultiwhateverXXX app is a disaster. The new DEX Zis quite literally BEYOND COMPRESSION. Written by coders, for coders. The dapp is pretty much worthless. WHO IN THE HELL LET THAT OUT WITHOUT A BROWSER?? EVERY SINGLE WALLET EVER has a browser. Yes, shitcoin. Unstaked my bag a loaded up on SOL

It is so funny to read this! When the price was $500 everyone praised EGLD but there was no single dappp on mainnet, no guardians, with few rare transactions. Now it's excacly otherwise and 95‰ people think it's dead because they believe price is the health of a coin. The same was with Fantom when it dropped drastically in 2020 before making 200x rise. I piled in because I knew what I know now about MultiversX and made a fortune.

[Xal0lex]

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

I call the result, and you call the cause, trying to deny and refute the result itself. You're trying to convince yourself that this token didn't fall, it just had negative growth, right?

In fact, the price of the coin has collapsed multiple times, no matter what reason contributed to it. You have no proof that whales exclusively did it, just blind assumption. Demand collapsed, supply increased, the token is of little interest to anyone at the moment, just like the rest of the pile of similar shitcoins claiming to be the new bitcoin.

[CryptoUnderground2030]

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

I call the result, and you call the cause, trying to deny and refute the result itself. You're trying to convince yourself that this token didn't fall, it just had negative growth, right?

In fact, the price of the coin has collapsed multiple times, no matter what reason contributed to it. You have no proof that whales exclusively did it, just blind assumption. Demand collapsed, supply increased, the token is of little interest to anyone at the moment, just like the rest of the pile of similar shitcoins claiming to be the new bitcoin.

Then tell me what. Why did Bitcoin drop from $1000+ in 2013 to $150 (roughly) in 2015? There was too 2 years bear market. How do you explain this? You could say the same but I could say my version and I could prove it this time. BTW, Bitcoin was too declared dead back then: https://m.youtube.com/watch?v=-hlN2nel5HI

[decodx]

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

I call the result, and you call the cause, trying to deny and refute the result itself. You're trying to convince yourself that this token didn't fall, it just had negative growth, right?

In fact, the price of the coin has collapsed multiple times, no matter what reason contributed to it. You have no proof that whales exclusively did it, just blind assumption. Demand collapsed, supply increased, the token is of little interest to anyone at the moment, just like the rest of the pile of similar shitcoins claiming to be the new bitcoin.

Then tell me what. Why did Bitcoin drop from $1000+ in 2013 to $150 (roughly) in 2015? There was too 2 years bear market. How do you explain this?

Your comparison to the bear market of 2015 doesn't hold water because the circumstances and effects are different. The bear market affected all coins on the market at that time. However, it's quite evident that today, only EGLD is experiencing a continuous decline. Typically, that means investors are losing confidence in that particular shitcoin.

BTW, Bitcoin was too declared dead back then

Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times

[CryptoUnderground2030]

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

I call the result, and you call the cause, trying to deny and refute the result itself. You're trying to convince yourself that this token didn't fall, it just had negative growth, right?

In fact, the price of the coin has collapsed multiple times, no matter what reason contributed to it. You have no proof that whales exclusively did it, just blind assumption. Demand collapsed, supply increased, the token is of little interest to anyone at the moment, just like the rest of the pile of similar shitcoins claiming to be the new bitcoin.

Then tell me what. Why did Bitcoin drop from $1000+ in 2013 to $150 (roughly) in 2015? There was too 2 years bear market. How do you explain this?

Your comparison to the bear market of 2015 doesn't hold water because the circumstances and effects are different. The bear market affected all coins on the market at that time. However, it's quite evident that today, only EGLD is experiencing a continuous decline. Typically, that means investors are losing confidence in that particular shitcoin.

BTW, Bitcoin was too declared dead back then

Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times

Leave the whales intervention aside for a minute. The other reason why this decline is false is that because it's not backed by fundamentals at all. I already said that in 2021 when it peaked it was a ghost chain and now it processes as many tx per day as Bitcoin. And it's much more than this (much larger ecosystem, many dapps on mainnet, guarded transactions, etc).

In stock markets prices actually correlate with health of an asset but in crypto things go its own special way: they diverge. Take Bitcoin for example. Bitcoin adoption (like number of tx per day, active wallets, etc) is growing by the day but the price keeps falling. There is no other explanation than whales manipulating the market.

Edit: It's widely known that Willy bot pumped the price in 2013 and later on it was Tether who supposedly printed USDT to continue doing this. Markets are full manipulations and it's no surprise prices might go totally not the way they should. Expecially crypto markets that are so little regulated.

[Xal0lex]

It didn't fall - it was dropped by whales. They want to shake off the remaining weak hands (most likely it will drop ever more after the xDay event despite very good news).

I call the result, and you call the cause, trying to deny and refute the result itself. You're trying to convince yourself that this token didn't fall, it just had negative growth, right?

In fact, the price of the coin has collapsed multiple times, no matter what reason contributed to it. You have no proof that whales exclusively did it, just blind assumption. Demand collapsed, supply increased, the token is of little interest to anyone at the moment, just like the rest of the pile of similar shitcoins claiming to be the new bitcoin.

Then tell me what. Why did Bitcoin drop from $1000+ in 2013 to $150 (roughly) in 2015? There was too 2 years bear market. How do you explain this? You could say the same but I could say my version and I could prove it this time. BTW, Bitcoin was too declared dead back then: https://m.youtube.com/watch?v=-hlN2nel5HI

Bitcoin fell due to the Mt.Gox hack and a bearish trend set in, which happens every 4 years. Every 4 years bitcoin loses about 70% of its value and then recovers again. Don't try to compare bitcoin, which has a 14 year history and some other shitcoin that has only been on the market for 3 years and has zero utility and weak fundamentals. These are not equal projects at all to engage in comparing them. That would be like me comparing myself to Satoshi right now.