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Messages - TomPluz

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Mga palitan at crypto sites / Re: Coins.ph Receives BSP Approval to Launch PHPC

« on: May 30, 2024, 03:23:41 AM »

Quote from: bhadz on May 15, 2024, 02:19:39 AM

Mas mainam nga kung PHP wallet nalang ang iretain nila katulad ng meron sila ngayon. Ang iniisip ko naman baka maging Tether lang din yan na magkakaroon sila ng legitimate way parang magsupply ng pera galing sa wala tapos mas titindi pa yan kung may mga big exchanges na mag accept niyan globally pero tignan nalang natin kung hanggang saan nga ba ito.

Tama nga naman bakit pa need ng mag-covert ng PHP to PHPC eh mukhang same function lang naman. At baka tama nga ang hinala mo na gagawa ng milagro ang Coins.ph para magkaroon sila ng leverage using PHPC sa kanilang platform na alam naman natin eh usually ang nakikita natin eh figures lang mahirap malaman kung ang bawat isang PHPC ay may back-up na 1 PHP talaga. Ang punto ko dito ay mahirap ng magtiwala dyan sa Coins.ph and I believe they got their chance already in the past and sadly am not giving them another chance now. Good luck na lang sa kanila.

Tulong para sa baguhan / Re: Ano ang Karma?¿

« on: May 30, 2024, 03:12:00 AM »

Quote from: Baofeng on May 26, 2024, 10:47:21 AM

Yes, pwede rin talagang abusuhin, pero katulad nga ng sinabi ni @bitterguy28 pwede mo naman i-report ang nagbigay sa yo ng negative karma. Pero parang bihirang mangyari na meron magbigay sa yo ng negative karma unless talagang nang trip lang ito sa yo. Pero may nakikita akong account na may negative karma, isang dahilan yata eh copy and paste or plagiarism ang kaso nya.

Lahat naman ng bagay kahit magaganda ay pwede abusuhin ng kahit sino at sa pagbibigay ng karma eh ay maaaring may mga tao na walang magawa sa kanilang buhay kundi mambwiset ng ibang tao. Pero sigurado ako bibihira lang sila sa forum na to...usually pag may negative karma ay may ginawa talagang mali lalo na ang spamming at plagiarism na di dapat gawin dito sa forum. Ako bawat araw ay nagbibigay ng karma sa maraming users na sa tingin ko ay nakakaambag ng mabuti sa forum at minsan negative karma naman pag di ko nagugustuhan ang post lalo na at isa din akong moderator. Patuloy lang tayong mag-share sa forum at matuto sa mga karanasan ng ibang tao habasng andito pa tayo sa mundo ng cryptocurrency at kahit papaano eh kunikita ng kunting pera pambili ng load at ice cream...kasama na rin ang bigas na malapit na maging P20 per kilo (joke lang).

Crypto Exchanges / Re: CEX vs DEX: The neverending discussion

« on: May 30, 2024, 02:51:23 AM »

Actually, in my own view, there is no point in picking one over the other as both got their own advantages and disadvantages based on the many experience of other people and mine as well. Now, in case I can trade a certain coin or token in DEX I would gladly do it as it can be fast and less hassles compared to CEX where you have to register and maybe even do KYC before you can fully use their services. However, there are many times when a digital asset is being traded only in a CEX so in that case we would not have any choice but to use the CEX and get registered in there. In summary,. both CEX and DEX are playing good roles in the cryptocurrency industry as long as they are managed well and will not be doing an exit scam that can victimize people out of their hard-earned money. With CEX, I always prefer Binance as much as possible because it is user-friendly and as for DEX I love Uniswap and Pancakeswap.

News related to Crypto / Major UK Bank Bans Cryptocurrency Transactions

« on: May 29, 2024, 09:44:09 AM »

More this news here!

Quote

Kroo, a digital bank based in London, has announced its decision to prohibit customers from engaging in cryptocurrency transactions. This move is a response to the rising number of online fraud cases and scams linked to cryptocurrencies.

As per Kroo’s updated terms and conditions, the bank will impose restrictions on accounts involved in cryptocurrency activities. Specifically, if an account is used to purchase or trade cryptocurrencies, or if credits from cryptocurrency transactions are received, Kroo will block the payments. Persisting in such activities may lead to the closure of the account. Additionally, the bank reserves the right to freeze accounts if any suspicion of crypto-related use arises.

Effective from May 30, 2024, Kroo will no longer support bank transfers or card transactions associated with cryptocurrencies, as stated by the bank.

While I understand well the fact that the cryptocurrency industry has become riddled with scams and frauds, there is no strong basis why banks should not be working with it. Banks must provide the perimeters to make sure that scams and frauds can be avoided while doing business with people who are into cryptocurrency. I am sure this Kroo digital bank is not yet a big banking entity and they should have recognized the opportunity here to be ahead of their bigger counterparts and established a beachfront advantage. Alas, Kroo opted for a comfortable zone and soon they will realized they are already left behind. What is your message to Kroo, in case given a chance to express your own opinion on this matter?

Ethereum Forum / Re: Why the demand of Ether not changing much despite Ether ETFs being approved?

« on: May 29, 2024, 09:33:57 AM »

Quote from: AGM on May 25, 2024, 03:50:28 AM

Do you think that Ether's different ETF approval process is a political influence or something else?

There is no easy answer to this question as we are not privy of the many things going on in SEC and the kind of interactions they do with industry leaders and maybe even political figures, as what the question can be implying. I would say that maybe this is one way the Biden administration is trying to look like crypto-friendly as being the Democratic candidate this November he need to muster all the support he can get to avoid the avalanche of the surging Trump. Anyway, this is just a speculation and I am sure this can have a less probability of being true as the idea of Earth as flat. Now, instead of saying politically influenced, I would say that this spot Ethereum ETF decision is influenced by the applicants themselves which we know are really giants in their own ways financially.

Quote from: AGM on May 25, 2024, 03:50:28 AM

Why the demand of Ether not changing much despite Ether ETFs being approved?

The answer is that it has not started yet though already approved by SEC in principle. Each applicant will be going through an individual basis system and will have to wait the necessary time needed for the whole process to come into final nod. The recent surge in ETH is the result of the news on the ETF approval but then again applicants should have been buying huge volume of ETH right now in anticipation for their business...and that is why maybe you are wondering why. One thing for sure is that maybe we should not be comparing this Ethereum ETF with that of Bitcoin ETF where demand for BTC really skyrocketed...but definitely there is no question this is going to be game-changing for Ethereum. So let just wait for more developments and see where the market will be taking Ethereum in the next weeks and months.

Ethereum Forum / Re: Ethereum Name Service (ENS)

« on: May 29, 2024, 09:03:15 AM »

I am not using this domain service that is specifically working with Ethereum and if I am not wrong it is also in direct coordination with GoDaddy as the domain service provider. When I searched for my name, it is available and the cost amounted to around $25.30 where the bulk of the fee goes to the network and only 20% is for a one-year registration...and as for renewal there can be a different rate for that. In my own analysis, this can be a good option and can solidify one's involvement with cryptocurrency especially with Ethereum. Now, am wondering...is this the best way we can get away from that long wallet address? Still, since the address is going to be limited to Ethereum maybe I would wait the time when the domain name will be my official wallet address for all networks especially the top ones like Bitcoin, Ethereum, Solana, BNB and more.

Cryptocurrency discussions / Re: Understanding Compute DePINs: your opinions

« on: May 29, 2024, 08:38:54 AM »

Quote from: MCcabe Rory on May 10, 2024, 09:49:28 PM

Here's my question for those that have an idea, Will DePINs transform AI computing, or will traditional cloud providers adapt and maintain their lead?

I am hoping DePINs will be working well with AI computing which can contribute a lot into more new innovations in 2024 and beyond. Honestly, DePINs is something new to my ear but there is already a solid buzz on this matter and I know it would continue on catching fire as there is a strong need for it. Defined as Decentralized Physical Infrastructure, DePINs is something many people can be looking forward to be a part of as it attempts to incentivize individuals for contributing to the infrastructure industry. DePIN refers to infrastructure projects using tokenization to coordinate and incentivize their bootstrapping phase. Individuals build up the supply of the infrastructure in a decentralized manner and get rewarded with token incentives. And when people are shown a way to get incentives for their contributions, we can expect that there will be excitement on it and it would be receiving more attention than usual. DePINs will surely be gaining more momentum and more tractions and I know years from now this can be as big as it should be.

Cryptocurrency discussions / Re: What are some best platforms to submit ICO?

« on: May 29, 2024, 08:23:38 AM »

Quote from: BlueMoon on May 28, 2024, 11:38:12 AM

Just want to know the best platform for ICO submission. Also, What are some best tips to market your product/coin prelaunch?

First and foremost, we are not anymore using the term ICO or Initial Coin Offering because of the chaos and scams that happened in 2017 to 2018 where many people got victimized by projects made by fraudsters and scammers for the purpose of getting money from the public and then just bid goodbye when their greed were filled to the max. As of now, there are many ways a crypto-based project can be promoted and you can even easily find platforms whose main interest is promoting projects to the targeted audience. And you can find them using Google. Now, if you are planning to start your own crypto platform, I am advising that you take a serious look at the things you can contribute to the market and then start building a team that can make things more solid and viable before even taking money from possible investors. You can even choose to airdrop the coins and tokens to qualitied participants and then work to make those be traded in different exchanges while working to make the whole platform gain more traction in the market and be valuable....and this is surely a win-win situation for all stakeholders. Right now, we are seeing an avalanche of so many projects most especially memecoins and then a year from now we can find out many of them are already dead...don't be like that!

Cryptocurrency discussions / MOVED: SEC approves Ethereum ETF’s but still can’t be available for trading

« on: May 29, 2024, 08:16:45 AM »

This topic has been moved to Ethereum News & Updates.

https://www.altcoinstalks.com/index.php?topic=321663.0

Cryptocurrency discussions / Re: Why BlackRock Was the BIGGEST MISTAKE for Bitcoin

« on: May 29, 2024, 08:13:41 AM »

Quote from: electronicash on May 27, 2024, 08:26:46 PM

Voting Trump i guess. he promised things though and although this is a politician's promise, i think he is up to protect himself as well since he is becoming a target too for the big guys in the finance.

I am not a citizen of USA so I am not a voter this coming November presidential election but I am watching closely the coming fight between the current and the former presidents and I come up with the conclusion that things will be better (including the cryptocurrency industry) if MAGA will be taking over the White House. I know that half of the country do hate DJT and right now they are spreading unfounded narratives so as to influence voters away from the man because despite so many indictments and court cases he is winning the polls most especially in at least seven swing states where the election will be decided. There is no question that the Republicans is more crypto-friendly than the Democrats (lead by Elizabeth Warren). And Trump can push Bitcoin and cryptocurrency into greater heights if allowed to triumph this November. Now, I understand that many may not like what I am saying here so we can then agree to disagree.

XRP - Ripple Forum / Re: XRP = 1 dollar

« on: May 28, 2024, 03:59:43 PM »

Quote from: vegasus on May 26, 2024, 11:46:38 PM

It looks like it's still quite a long way for XRP to go that far to reach $1 this year. Yes indeed, it's still the middle of the year and there are still 2 quarters left to enter. However, if the Atlcoin season hasn't started yet, I think XRP's progress will also be like that. It won't be too fast. XRP is still like Ethereum and other altcoins which definitely follow the development of Bitcoin. Unless BTC skyrockets again and prints a new ATH again this year and then really reaches $100k this year, there might be a chance for that. Currently the price of XRP is at $0.526. So, it still has to increase 2x to reach $1. This may be a bit difficult to do if market conditions have not yet entered a bullish era.

In my own humble analysis, seems to me that there is really something wrong with XRP. While other coins like Bitcoin, Ethereum, Solana and even BNB made significant inroad before and after the halving, XRP's performance is so sluggish consequently until now there is that lack of excitement with it and it can go on maybe for the rest of the year, not unless its case in court can go favorable for it otherwise it can really have a hard time reaching the $1 goal which many of its supporters and holders may have expected weeks ago but getting to be frustrated seeing its non-movement in terms of price. In fact, I have a little XRP and it made me disappointed with the way it is showing in the market.

Solana Forum / Re: What will become of Solana blockchain when meme coins are finally gone?

« on: May 28, 2024, 10:50:33 AM »

Quote from: Smilez on May 06, 2024, 09:14:09 PM

I believe that as the meme narrative fades, Solana's ecosystem will see the emergence of a new narrative that will solidify its place in the market. Solana is already showing great promise as an ecosystem, and its potential for longevity is evident. With its robust infrastructure and growing community, Solana is poised to become a mainstay in the blockchain landscape.

We already know that Solana is now a well-recognized platform that gained a lot of prominence among millions of users thus it came into the limelight and become a top tier network along with Ethereum and maybe even BNB. Now, it gained more popularity all because of the immense popularity of meme coins using Solana as their home and base. This is definitely raising some concern on what can happen to SOL once meme coins - and they will eventually, for sure - will slowly lose their steams in the crypto market...and this can be the big test on Solana's resiliency and innovations. Yes, there is that big possibility that if there can be a big shift away from meme coins, Solana can find itself in a new territory that can propel its growth even further. And it would be exciting to see developments on this side.

Bitcoin Forum / Re: [VIDEO] Killing Bitcoin

« on: May 28, 2024, 10:25:07 AM »

For sure, no superhero and no villain in the world real or just made-up can be able to stop Bitcoin. Of course, any country can ban it like what China did but eventually Bitcoin will find a way to penetrate the people and even be recognized by many financial institutions as an asset they can trade and make big money from. In the course of Bitcoin's history, it has had been pronounced to be dead 477 times and yet it is still alive, kicking and even getting bigger and better. surely, this something created by Satoshi Nakamoto has a big life of its own and can never be extinguished for any reason. By the way, I think it is not possible to embed a video published in X, for now.

News related to Crypto / JPMorgan doubts on SEC approval for Solana and other crypto ETFs

« on: May 28, 2024, 10:16:09 AM »

Bitcoin Forum / Saylor: Bitcoin ETF is the "crossing of the chasm"

« on: May 28, 2024, 09:57:25 AM »

We now see and appreciate that the approval of Bitcoin ETFs in January by SEC paved the way for Bitcoin to enter the mainstream financial system and be recognized by Wall Street as one of the most bankable and viable asset to invest with. Now, investors who are choosing not to deal directly with Bitcoin can have the best option at hand while at the same participating in the growth as well as ups and downs of the digital asset created by Satoshi Nakamoto years ago.

As what MicroStrategy Chairman Michael Saylor said the Bitcoin ETF approvals in January were not only important but cemented Bitcoin’s size as an asset class. Saylor said “That was the crossing of the chasm which said that Bitcoin is not a multi-one hundred billion dollar asset class, bitcoin is a ten to 100 trillion dollar asset class.”

Akin to the idea of opening the Pandora's box, Bitcoin is now on the journey of no return to where it was and what will be is surely a very exciting to watch as we are all a part of this journey into its future.

While Michael Saylor surely appreciates the approvals by SEC, he is also heavily criticizing it on its overall attitude towards the cryptocurrency industry, saying "SEC has basically been very obstructionist and at war with the entire crypto industry, suing all of the crypto exchanges, suing all of the entrepreneurs, and we got a very minimalist embracing of bitcoin."

Do you share this sentiment by Mr. Saylor?