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Messages - MrSpasybo

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1
It's not totally true because we can see a lot of projects which is listed on Bscscan as a rug pull project. But we can say that every projects with solid ideas become quite successful because of chosing BSC as their first priority and every yield farmers won't be able to pay higher transection fees for small rewards as everyone isn't whale at all. So, projects which is running on BSC, are quite successful because of lower transection fees and everyone can participate on those.
Every ecosystem includes both potential projects and scam projects, so users and investors need to be careful when participating. Investors can refer to specialized fundamental analysis groups to learn about the project's solution, tokenomics, investors and team, from which to make an assessment of the future of the token. I often use a simpler way: for me, projects in IEO, Launchpool, Launchpad on Binance often have the potential to become gems in the BNB chain ecosystem because they have all been carefully evaluated by Binance and funded by Binance Labs and many other large funds in the market.


2
Funny thing about using Binance is that I do not have a wallet to withdraw to even if I wanted to lol. I use binance to deposit bitcoin, and I then turn that into fiat and withdraw to my bank account if I want cash, that's it. Its cash in and cash out, while being bitcoin in the middle, so there is no scenario where I end up with any bitcoin moving out of binance, and still goes towards me. I could very well send someone bitcoin here and there, which is still quite rare because I don't do that commonly, but certainly to any address I own personally because at this point I stopped using any wallets at all.
Yeah, I'm in the same boat as you: I also use Binance CEX to buy and sell, and it's clear that I don't have much chance of owning this Epic Satoshi. If I did, it would probably belong to Binance too ^^ Anyway, this could also be a narrative related to Inscription/BRC-20/NFT on the Bitcoin blockchain. Their future depends a lot on halving and new beliefs in the market.

Going back to Bitcoin's payment purpose: all BTC are considered identical, which means that each satoshi is also considered identical. What's interesting is that we're now starting to care about and give a special value to a satoshi at the halving block. I personally think it's ridiculous in this market.

3
XRP - Ripple Forum / Re: Will we have XRP Spot ETF soon?
« on: May 03, 2024, 11:42:19 PM »
I know folks need materials but funny how we keep hyping something that never existed while the price continues to go down.
And if my magic ball is correct, No one wants to apply for this, and a 0% chance of approval ;D

XRP isn't relevant anymore and likely won't see much upside compared to newer L1 or L2.
And I am sure BlackRock or others would not list the No.7 coin and a small market cap.
Yeah, I agree with this point of view: XRP has not really stood out in the crypto market as it did in the bullrun 2017. The market has become more dynamic with many Layer-1, Layer-2, RWA, Oracle projects... Large funds like BlackRock and Fidelity are also not yet interested in XRP Spot ETFs because they are focusing on fighting for ETH Spot ETFs.

However, Ripple is fully capable of promoting a Spot ETF product for XRP thanks to their enormous influence, even though we don't yet know the market demand for such a product. In addition, after BTC, XRP is also the only crypto that has been determined not to be a security, and ETH has not yet been able to achieve the same legal status as XRP. This gives us reason to be optimistic about XRP Spot ETFs, especially if ETH Spot ETFs are rejected later this month.

4
It's true, Bitcoin ETFs have a good impact on bitcoin price movements on exchanges, because with this ETF Bitcoin managed to reach a new ATH before the halving, usually a new ATH will be created after the halving occurs. Hopefully the price of bitcoin can reach the price of $100k soon.
Are you saying that ETH Spot ETFs will also have a strong impact on driving up the ETH price similar to what BTC Spot ETFs did for BTC? I'm also looking forward to this, if ETH Spot ETFs are approved this month, it will be a huge boost for the crypto market in general and altseason in particular, especially since many investors are currently hesitant to put their hopes on this possibility due to the legal status of ETH still not being really clear and the SEC is also investigating ETH to accuse it of being a security.

In addition, even if ETH Spot ETFs are not approved, the cyclical nature of the market will still repeat itself, I believe that we will enter a bullrun by the end of this year, BTC will have a new ATH and ETH will as well. So I believe that ETH can easily reach $5K in 2024, followed by an ATH of $10K-15K in 2025.

5
This choice was because everyone knew that Doge had been raised because of Elon's influence, so it was certain that everyone would choose him. I agree with you that there is no guarantee that Elon will remain loyal to Doge. He will do anything as long as it is profitable for his company. Remember he is a business executive and what he thinks about is profit for the company, as long as it is profitable, then he can do whatever he likes.
It's natural that DOGE comes to mind first when considering the possibility of X-payment supporting crypto payments. This belief alone can fuel DOGE price increase during this bullrun, even without official confirmation from X-payment. This is understandable given that DOGE remains the trend leader among memecoins and has Elon Musk's strong support.

Currently, I'm closely following X-payment's licensing progress. If they can launch the platform soon, we'll also have clear details about X-payment's services. Hope that crypto will be among the payment methods that X-payment accepts and supports.

6
Basic Questions about Cryptos / Re: Is this the bottom?
« on: May 03, 2024, 10:50:40 PM »
The thread has been created 2 years ago, but I think that this question is still relevant knowing that we have just experienced a market correction a few weeks after the Bitcoin Halving event happened.

As for me, I'm optimistic with the market currently that's why what we saw a few days ago might really be the bottom of the market and after that, we might see the market goes up significantly. By the time I'm posting this, Bitcoin's price is already at $61,000. Just a few days ago, it's price was below $55,000 at one point. A huge increase in just a few days. Many took the opportunity that's for sure (including me).

Overall, the market is still bullish, and the sentiment for sure is bullish even though we've seen a market correction. What we saw a few days ago might be the bottom of the market. Of course, I might be wrong. :) Just be prepared for what can happen.
In my opinion, the BTC halving event signaled the end of the 2022-2023 crypto winter bottom. This means that even if the current price fluctuations are negative, there will not be a new bottom below $15.6K in this cycle. Therefore, optimism should be maintained, and accumulation should be carried out instead of panic selling tokens.


This topic was created in mid-2022, and we now know that the bottom of the crypto winter came in Q4 2022. However, I believe that DCA BTC from mid-2022 was also a wise decision and helped investors accumulate more BTC at the bottom. The time we spend in the market is more important than the time we enter the market.

7
Voting / Re: Hold ETH or invest in ERC-20 tokens?
« on: May 03, 2024, 10:36:14 PM »
That's right, so far there are a lot of people who are still holding ethereum because the price of ethereum has a very good chance that in the future it might become very expensive, there is an issue that ethereum will enter the ETF of course this will have an important influence on the price of ethereum in the future .
As of now, the majority of the cryptocurrency market is still in the recovery phase. ETH has demonstrated a stronger price appreciation from its bottom compared to other tokens in the market. Therefore, investing in ETH could be a safer choice with the potential for higher returns, especially considering the anticipation surrounding the approval of the ETH Spot ETF by the end of this month.

However, I believe that ETH price may only reach $10K-15K during this bullrun, translating to a return of approximately 200-400% from its current price. This potential return may not be as attractive compared to other ERC-20 tokens. For serious investors who have conducted thorough research on specific projects within the Ethereum ecosystem, certain ERC-20 tokens could also be worth considering due to their potential for higher returns than ETH during the altseason. Notably, some native tokens of Layer-2 solutions, such as ARB, OP, and STRK, are worth paying attention to.

8
Em cũng lo cho những token sắp sửa mở khóa trong giai đoạn này: nếu tệ thì chúng sập giá và bị nhà đầu tư bỏ rơi để tập trung vào những token khác tiềm năng hơn trong thị trường. Những dự án mới có thể không đáng lo vì vẫn sẽ được cá voi chọn lựa gom và bơm trong uptrend, còn những token của dự án mùa trước, cá voi ăn được một lần rồi, bây giờ chẳng thèm quan tâm, giá hồi được đoạn ngắn đã bị xả xuống trong lúc thị trường sợ hãi thế này thì có thể nằm luôn ở vùng đáy, chỉ ngóc lên tăng được đoạn nhỏ trong uptrend mạnh nhất rồi sẽ lại cắm đầu cùng cả thị trường đi vào mùa đông crypto.
Mình nghĩ sự kiện mở khóa token đã được quy định rõ ràng trong tokenomics, việc mở khóa đúng hạn cũng là đương nhiên và đã được chuẩn bị bởi thị trường. Ví dụ như giá PYTH gần đây đã giảm mạnh, có thể đã bị ngấm tin tức về hàng tỷ $ token sẽ sớm được đi vào lưu thông. Bây giờ chúng ta đang ở giai đoạn ban đầu của bullrun, tin tiêu cực không thực sự đáng sợ hay khiến cho giá token giảm sâu, tương tự như việc AVAX được mở khóa lần trước gần như không tác động tiêu cực đến giá, giá token vẫn tiếp tục tăng lên vùng giá mới.

Mình coi đây là cơ hội tốt để những người chưa mua được token ở vùng giá thấp có thể cùng tích lũy với cá voi, đặc biệt là token của những dự án mới, có giải pháp, có người dùng, có khách hàng và được những quỹ đầu tư lớn bỏ tiền vào. Đây là thời điểm dành cho sự tham lam chứ không phải là sợ hãi bán tháo rời bỏ thị trường.

9
Giá Bitcoin đã tăng trở lại trên mốc 58.000 USD vào thứ Tư sau khi Cục Dự trữ Liên bang Hoa Kỳ (Fed) giữ nguyên lãi suất ở mức hiện tại vào thứ Tư. Tuy nhiên, đà tăng của Bitcoin đã không thể duy trì và hiện đang giảm 5%, giao dịch ở mức 57.314 USD.
Tại thời điểm này, giá BTC đã hồi phục lên trên $62k nhờ tin tức không tích cực về tình hình thất nghiệp tại Hoa Kỳ. Trường hợp này tương tự như giai đoạn FED tăng lãi suất: tin xấu của nền kinh tế trở thành tin tốt cho thị trường vì nỗi sợ FED tăng hoặc giữ nguyên lãi suất ở mức cao còn lớn hơn nỗi sợ về sự suy thoái kinh tế.

Mình đang chờ đợi sự lạc quan: thị trường chỉ đi ngang để tái tích lũy để tiếp tục tăng trưởng trong quý tới thay vì suy giảm nặng nề và trì hoãn bullrun đến tận năm sau. Tuần này và tuần tới có thể sẽ là những tuần có biến động mang tính quyết định đến xu hướng của thị trường trong nửa năm còn lại.

10
In the early years, CZ and his Binance didn't actively cooperate with the regulators, and he started to do so only after the regulators became interested in him and put pressure on him. On the whole, I would say that CZ was lucky in this trial because the judge was more or less loyal and rejected the main demands of the DOJ. In fact, the 4-month jail sentence looks like trolling by the judge as it's symbolic of that famous picture of CZ.
As a Binance user, I believe that 4 months in prison would be an appropriate sentence for CZ. This is because CZ has been actively cooperating with the US DOJ, and Binance CEX has not engaged in any fraudulent activities against its users. CZ is not Sam Bankman-Fried, and a harsher sentence, such as 18 or 36 months in prison, would be excessive. Binance continues to operate and is actively complying with regulations.

More importantly, a lenient sentence for CZ would help to reduce negative sentiment in the crypto market, which could further worsen the price charts. We have already had enough bad news related to lawsuits, inflation, and war. A market correction is necessary, but it should not be a severe decline due to news related to CZ sentence.

11
Indeed. High fees makes such campaigns very expensive for bother testers and the mixer...
MixTum has Free Trial: Mixing commissions are waived, but users must send exactly 0.001 BTC. Reviewers can easily experience and evaluate MixTum's services, especially now that transaction fees on the Bitcoin blockchain have decreased following the cooling of the Runes protocol craze.

I support the idea of a Review contest, but it's not thought to be truly engaging as the user experience on MixTum is quite similar in terms of operations and results. The only difference might be in terms of perception and language usage. I think a Social campaign might be more suitable in helping MixTum reach potential users on social media.

12
"We see you have contributed to web3.py [this is true] and that you are elligible for a XYZ airdrop [or some other acronym] so please allow me to use your Github account for 10 minutes so that I can help you claim it."

Or other times its "Please give us money so that we can claim the airdrop for you."
Well, I can't believe that in 2024 scammers are still using such outdated content, at least they should find some way that is actually more credible ^^ What's even more unbelievable is that many people still continue to be scammed, lose their accounts and crypto assets to scammers because of such silly content. Be careful with any information that is actively sent to our email, as it may come with some risk. Thank you for sharing this information so that we can all be more vigilant.

I also realize that our data is being abused in some way: our emails, phone numbers, and social media accounts are being sold to scammers, we are becoming a commodity and potential victims. Just 1% of the people who receive these emails get scammed, the scammer can be satisfied and continue to attack more people in many different ways in the future :(

13
Prediction 1: $49,000.00
BTC bech32 address: bc1q9rgeh7czkw2qren73nj8hrhuzus83p5r5hj2g8

14
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: May 02, 2024, 10:32:07 PM »
Obviously Bitcoin halving is big event for bitcoin history. After bitcoin 4th halving  Bitcoin block reword for mainers reduced before halving bitcoin block reword was 6.25 btc now block reword 3.125 so now mining speech decreased.

So i think after running bitcoin price correction, bitcoin price will increase again. Because we know about supply and demand. So bitcoin price will increase there has no doubt.
In fact, there is an argument that halving no longer has a truly significant impact on BTC price volatility: compared to before halving, we will have 3.125 fewer BTC per block or 450 BTC per day. Compared to over 19M BTC in total circulating supply, this number is not really large and has a limited impact on the price of all BTC on the market. This was also mentioned in 2020 and caused some market anxiety, but the truth is that BTC price continued to rise sharply after the halving due to many drivers.

In this cycle, the story will continue in this way. Halving not only creates a rise in scarcity but is also a time milestone that attracts investor attention. BTC Spot ETFs and its positive impacts are supporting the growth of BTC price, I believe this will be an important driver for us to have an ATH of BTC over $100K in this bullrun.

15
Block used to be called Square. Square was the financial payments company created by Jack Dorsey while he was CEO of Twitter. They invented Cash App (or bought it?) so if you have heard of Cash App, then that is the app that Block currently owns, and they are being investigated because some transactions in Cash App are violating sanctions, money laundering, etc.
Another negative news for the crypto market right when investors are worried about the tokens price decline for many weeks and there is no sign of recovery 8) I hope Jack Dorsey can do something to arrange and cooperate with the investigation agency to resolve this trouble and ensure that Block will not be abused by bad actors.

I don't hope Block will go bankrupt or Jack Dorsey will face severe punishment. Block is a well-known company in the crypto market, and so is Jack Dorsey. A scandal with them can directly impact the crypto market at this sensitive time, even triggering investor fear and pushing the BTC price back to $4xK. I only expect a gentle correction before the bullrun in Q3-Q4 this year, not a serious decline that could take the market more time to recover.

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