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Messages - MrSpasybo

Pages: [1] 2 3 ... 1080
1
Privacy Coins Forum / Re: OKX to delist privacy coins
« on: May 29, 2024, 10:04:44 PM »
Alas, the further you go, the stronger the regulation. Unfortunately, nothing can be done about it.  Most likely you should accept it and continue to study/earn - there is no other way out. In any case, there will be what the SEC will do in exchanges/anonymous services etc. What I wrote above is just my thoughts out loud, nothing more. The further it goes, the more interesting it gets.

P.S. I personally, have already given up many crypto-exchanges, you know what I get in the mail? Messages that I need to pass verification or I will be blocked.  8)
As Freemind mentioned, CEXs need to comply with legal regulations in order to exist in this market. Internet also had to adapt to be widely used as it is today, and crypto also needs clear legal frameworks to comply with and develop. CZ and Binance's actions are the clearest proof: accepting compromises to retain the future of Binance CEX in the face of intense scrutiny from the US government. The same applies to users: we need to perform KYC when we want to use the services that CEXs provide.

Privacy can be very useful for some users, but it can also be a threat to the management and development plan of the crypto market. Going against governments is not a wise decision, which is why BTC has never been a privacy coin, and the Bitcoin blockchain is public and transparent.

2
Solana Forum / Re: The PYTH Ecosystem and the future of PYTH
« on: May 29, 2024, 09:48:05 PM »
Even though I don't own pyth anymore, I'm still holding on to pyth unlike other projects, of course, you know many projects that were hype at the beginning of TGE and disappeared after listing in the market.
If I look at the volume and X accounts they remain active and continue to do fan updates in different communities on telegram I see that there are still many who are staking and holding PYTH.
Yeah, looking at Pyth's profile, we can rest assured that Pyth is not a scam project or will disappear soon in the future. Pyth is invested by large funds such as Multicoin Capital, Delphi Digital and Wintermute, meaning that this project has been carefully reviewed by the teams of these funds, and we have the right to believe that they are really serious when investing in Pyth.

In terms of solutions, Pyth can compete with Chainlink in the oracle sector by providing real-time prices for smart contracts on multiple blockchains. With the explosion of DeFi and RWA in the future, we will see the development of Pyth like what Chainlink achieved in the bullrun 2021.


3
It's almost a year ago when OP made this post. Whether he was successful or not, there's no clear explanation.
However, the best thing is that many people can learn from this case, that when you want to carry out transactions on personal wallets, especially when making purchases, swaps or transfers on personal wallets / DEX / others, a fee is required. Because this is BSC, the fee used is BNB and it is relatively small.

Actually, one way is to send BNB from another wallet or buy it on an exchange. For now it seems that sending BNB as fees in small amounts from exchanges is no longer difficult. In fact, many exchanges do provide a minimum sending limit that is quite small so this is quite helpful for those of us who want to send a fee.

However, the problem is that if the token is an ERC20 or Ethereum token, which is known to require a larger fee. But if it's BSC, then you just have to send BNB from the exchange. Or sometimes, there are parties who sell retail BNB / retail ETH and others for small amounts and reasonable prices.
As I mentioned above, I encourage a solution for new users when they fall into this situation: ask for help with transaction fees on the AltcoinsTalks forum. I and many other members can give fun challenges and support transaction fees of $0.2-0.5 in BNB as a tiny reward.

This can reinforce the friendly nature of the forum and make AltcoinsTalks more active. More importantly, we have a solution to the problem instead of just discussing the problem for a long time ^^

4
MrSpasybo, what do you think about the proposal that these data be inserted into a table so that it would be more transparent for several months? That way it would be easier to analyze the data and their movement depending on the period.
Thank you, this is a good idea to help us track the growth of our AltcoinsTalks forum. For now, I only compare month to month, but I will consider summarizing the most important figures in a summary table at the beginning of each Monthly Report to make it easier for us to follow.

Honestly, the statistical work is also quite boring, I think I will have more fun when the crypto market explodes and AltcoinsTalks gets more traffic in the next few months ^^

5
In the cryptocurrency space, when we expect a certain bullish trend  in any particular coin, we may not get it exactly as expected, but rather different behavior may be observed. Many people take these behaviors differently. During the period we would like to see a bull run in Ether price due to ETFs approval but there is no change in the price in this currency. My main point of bringing this topic here is that there are many people who try to invest with a specific event in mind but they don't always succeed in that goal. The only message to those investors is that success in the crypto space requires patience. Even if it is not good for us at the time we are expecting, we can get more than that expectation in the future. Of course, investors must have a long-term plan before investing.
Long-term thinking and patience are always necessary in any market, especially crypto. However, patience is not enough to make big profits in this market. Each important market event can be the start or end of an uptrend, and their impact depends on the time they occur.

I still remember the BTC Future ETF approval event in October 2021, which created excitement and FOMO, but we saw a bull-trap when BTC failed to reach $100K. Now, we can easily recognize that this news came out when the market was at the hottest point of the bullrun 2021 to create a false belief in a super-cycle, giving whales a wider distribution range wwith better liquidity.

On the contrary, for BTC & ETH Spot ETF, we are in the early stages of this bullrun, and I believe they will have a positive impact in thí bullrun to drive growth for the entire market. I am not really concerned about their short-term impact, as there are always buyers and sellers in the market. We should remember that in previous cycles, when we did not have Spot ETFs, the market still grew impressively and brought profits to wise investors.


6
There isn't really any shocking new thing here, we are going to go have a bull run, so either case works. Either they think that bull run will make shiba go up as well, or they think that they should have something else during this period, meaning that it would be smart to sell their shiba and get something else before the halving. That works in either case, and I feel like it would definitely be a good idea. I personally would suggest the second one, they should get rid of all the shiba they have, having tens of millions of dollars worth of shiba doesn't make sense, and I think we should consider selling and getting something else as the better option.
I believe that SHIB is really being handpicked by the whales and it will become one of the most price volatile tokens in this bullrun thanks to the narrative about memecoins + DeFi + Layer-2. I do not have any investment advice, I just provide onchain data that is tracked by 52Hz for SHIB investors to refer to.

Each investor has a different investment appetite, I personally think that SHIB is a potential token in this market because it has a large community and is accumulated by many whales. For the time being I do not have SHIB in my portfolio, I do not accumulate ALTS before BTC halving, but I may buy some SHIB for fun when the bullrun takes place in Q4 2024 and Q1 2025 ^^


7
Basic Questions about Cryptos / Re: Bitcoin Votality
« on: May 29, 2024, 08:34:27 PM »
Volatility is one reason we get a chance to buy the dip. Many of us look for a chance to buy more once the market goes up and regret not buying when the price is low. Fortunately, the market has moved in both directions over time, and we have had a chance to buy cheap coins. One of my friends, "Crypto Library," was telling me that I was looking for a dip to accumulate more. But unfortunately, when the market moves to lower trend, we wait for further dump and miss that opportunity again.  ;D
Well, I don't think high volatility is a condition for us to buy-the-dip. Accumulation of assets can be done even in less volatile markets, such as commodities or stocks. High volatility only brings the opportunity for higher profits and larger losses in a short period of time.

For BTC, in terms of technical analysis, high volatility allows us to easily identify downtrends using a linear trend. This helps us to identify when the BTC price has stopped falling sharply for accumulation or growth. This is really useful for those who want to DCA BTC in the accumulation zone.


8
Các nhà quản lý Argentina đã trao đổi với các đối tác của họ ở El Salvador về việc chấp nhận Bitcoin, Ủy ban Chứng khoán Quốc gia Argentina (CNV) xác nhận vào cuối tuần này.

Theo một thông báo chính thức từ CNV Argentina và một báo cáo từ Criptonoticias, các quan chức hàng đầu đã gặp gỡ người đứng đầu Ủy ban Tài sản Kỹ thuật số Quốc gia El Salvador vào tuần trước.
Argentina là quốc gia lớn về lãnh thổ và nền kinh tế hơn hẳn El Salvador, nếu Argentina cũng học hỏi El Salvador và áp dụng chiến lược BTC cho nền kinh tế thì sẽ là thành công lớn cho BTC trên quy mô quốc gia. Argentina đang phải trải qua giai đoạn tồi tệ liên quan đến lạm phát cực kỳ cao, BTC thực sự có thể trở thành giải pháp để giúp cho người dân có thêm lựa chọn để lưu trữ tài sản và thanh toán một cách tiện lợi thay thế cho fiat.

Mình thực sự hy vọng rằng chúng ta sẽ sớm có được nhiều tin tức tốt lành đến từ Argentina và nhiều quốc gia Nam Mỹ + châu Phi hơn trong thời gian tới, đặc biệt là khi BTC tăng giá và thị trường crypto bùng nổ khi dòng tiền được nới lỏng và lạm phát trở lại nghiêm trọng như giai đoạn sau đại dịch. Kinh tế bất ổn có thể chính là điều kiện cần để BTC khẳng định được giá trị lưu trữ tài sản của mình!

9
XRP - Ripple Forum / Re: Will we have XRP Spot ETF soon?
« on: May 29, 2024, 02:26:56 AM »
I think that is what's happening right now. XRP ETF is already at the back and talks about SOL ETF is at the front/center stage. There seems to be a lot of attention after several speculations on social media were posted and various articles news outlets were published. Stakeholders would probably capitalize on this.
Current community discussion is focused on XRP Spot ETF and SOL Spot ETF due to their significant potential: XRP has been confirmed as a non-security, while SOL boasts a large community and substantial investment from major funds. Honestly, even as an XRP supporter, I believe SOL Spot ETF has a higher likelihood of earlier approval given the backing of large funds and traditional investor demand for SOL-based trading products.

I sincerely hope Ripple recognizes this and takes more proactive steps to expedite the launch of XRP Spot ETF within the next few months. Even positive news regarding XRP Spot ETF's launch plans could trigger a price surge and renewed investor interest in the XRP token.


10
Meme Coins / Re: $X a meme inspired My Elon's X
« on: May 29, 2024, 02:09:53 AM »
Is this a official project by Elon Musk? If it is just inspired then I think it's obvious a pure pump and dump coin, sorry to burst the bubble for you. And I doubt that it will become the next Doge. I also don't think that it will gain Elon's attention, I mean this guy knows how to play the crypto game just like what he did on Bitcoin and then Dogecoin.

And if ever he will have his own coin, I think he will let everyone knows about it and make it official and not just to jump on something which he doesn't have control unless he bought at lot of $X and HODL and then create a lot of hype around it and sell for easy million profits for him.
Each memecoin needs to have its own narrative, and the X token also wants to use the X platform to attract investor attention. Runes protocol may not be a good choice for X token because it will incur a lot of transaction fees on Bitcoin blockchain, directly limiting the accessibility of the X token to investors.

Anyway, I have no intention of investing in this memecoin until it appears on the top CEXs and is directly mentioned by Elon Musk. For memecoins, I am only interested in top coins such as DOGE, SHIB, PEPE, FLOKI to minimize risk in this highly volatile trend :)

11
Crypto Wallets / Re: Wallet for ETH
« on: May 29, 2024, 01:54:49 AM »
I'm using my hardware wallet, Ledger, and Trezor and connecting it to Metamask and Phantom. For everything related to ETH layers and the chain itself, it's mostly Metamask, but if it's SOL, it's most likely Phantom to be used. It depends on what you are trying to do.
In addition to supporting the Solana blockchain, Phantom also supports other blockchains, including Bitcoin + Ethereum + Polygon, making Phantom a favorite choice for many users in recent times, becoming the most downloaded application on AppStore and GooglePlay. I often use MetaMask but am also learning about Trust & Phantom. I think that decentralizing crypto storage is as necessary as asset diversification. I do not refuse any crypto wallet application, as long as it is secure, multichain supported and user-friendly.


12
IDEX (IDEX) / Re: how is IDEX exchange going
« on: May 29, 2024, 01:40:18 AM »
The last time I used this exchange was in 2020, and I still have funds there, maybe those funds have become worthless and become a dead project
Is IDEX exchange still active or has it closed?
because I couldn't find history in my search
I have been aware of Idex due to the impressive growth of the IDEX token, however, I have not personally used this DEX as it is not particularly well-known within the trading community. According to Coinmarketcap data, the daily trading volume is only around ~$12.5K, which is quite low and suggests minimal usage. The Idex website is still operational, and you can access it to withdraw your crypto assets. Personally, I would choose Uni, Pancake, or Serum when looking to use a DEX instead of Idex.


13

As the gaming ecosystem continues to evolve, alot of innovations have trooped in, including the development of games on Layer 2 frameworks. With highly scalable gaming models, it is quite certain that users will experience an immersive gaming experience.

Personally, I think I have caught this narrative a bit late and I will appreciate recommendations of projects tagged along this line. Thank you.
Besides high-speed Layer-1s like Solana, Avalanche, and Ton, Layer-2 blockchains are a good choice for GameFi projects because they can be easily accessed by users with extremely low transaction fees. I only know the 2 most famous Layer-2 blockchains focused on GameFi which are Immutable and Ronin, but I haven't experienced any games on them, I'm waiting for the evaluation of professional gamers.

Other Layer-2 like Arbitrum, Optimism, Base are just starting to develop with DeFi and memecoins, GameFi has not really been successful on these blockchains. You can learn more about each ecosystem to find the best GameFi projects for investment. I believe GameFi has matured in the past crypto winter and will soon return in the second half of 2024.

14
Cryptocurrency discussions / Re: Any advice for a newbie?
« on: May 29, 2024, 01:08:51 AM »
Since you are new in the crypto market, it better that you start investing on a popular coin that has potential like bitcoin, instead of looking for a cheap coin that have not being released into the market, because I have seen many of those coins that are not yet released might not survive the market. Don't go and invest on a coin that will bring you regrets but rather invest on a coin that have a big market cap and value. However, if you want to go ahead and invest on new coins, you should only do that with the amount of money that you can afford to lose, and do your own research to know more about the coin.
Maybe this new investor may want to participate in the presale to get a low price and earn high profits when the token price increases during the bullrun. The expectation is really attractive, especially for new projects that always know how to promise good scenarios of the crypto market and the potential of the project token. I rarely participate in presales, I usually wait for the token to be listed on top CEXs before making an investment decision based on fundamental analysis and technical analysis. Finding a good project to participate in a presale is too difficult for me, so I choose the safest solution is to trust in the evaluation from the CEXs team.

Just as you said, new investors should pay attention to BTC and top ALTS in this market such as ETH, SOL, BNB, DOGE instead of new projects that have not been verified by the market and the community. Investors should control their greed well to protect their capital and opportunities when participating in the market.

15
Article or content creator campaign is most recommended than social media bounties campaign, for social media needed many time from sharing their task require but less reward receiving after bounties campaign ended. Difference when joining content creator bounty campaign, after submitting article or video campaign you only need waiting your content approve or not and waiting until distribution coming without doing daily task.
Its worth make bounty campaign as full time job for signature service but its not required more time spending for making post, I think make balance not only joining bounty campaign but also participant on airdrop too if want make full time job with online.
Content campaigns are quite attractive and attract many bounty hunters, but that also means more spam. I have encountered many hunters who use all the content in the project's documentation to create articles hastily, or they may copy articles and videos from other hunters. At the same time, with many hunters participating, the reward for each person will also decrease, sometimes not as much as hunters participating in Social campaigns.

Choosing Bounty & Airdrop as a full-time job is completely feasible, but it needs to be done with careful projects analysis so as not to waste time on scam projects and shitcoins. I do not encourage cheating with multiple accounts in this sector, it only makes things more difficult, and it also violates ethical principles.

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