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Messages - TomPluz

Pages: [1] 2 3 ... 282
1


I am happy to see my country at the top 5 in this list and I am a little bit surprised with Vietnam which is already at number two spot in terms of the percentage of the population who are owning cryptocurrency. I guess Vietnam is providing a viable environment for their people to adopt innovations and be the leader in Asia in adopting cryptocurrency business. However, it is quite clear that there are still a lot of rooms to grow for the industry...am waiting for the time when 50% of all population will somehow be involved with cryptocurrency and the industry is really a big force in these countries.

2
Quote from: https://news.bitcoin.com/standard-chartered-second-trump-term-would-be-broadly-positive-for-crypto/
Quote
Standard Chartered Bank’s head of FX Research and Digital Assets Research, Geoff Kendrick, believes that a victory by former U.S. President Donald Trump in November’s U.S. presidential election would be “bitcoin positive.”

We think that a second Trump administration would be broadly positive via a more supportive regulatory environment. Trump initially opposed crypto and bitcoin during his presidency. However, he has launched several non-fungible tokens (NFTs) since leaving office. Last month, he described bitcoin as “an additional form of currency,” noting that the crypto has taken on a life of its own. In addition, he has acknowledged bitcoin’s popularity.





In between the two famous old men - the other still energetic, kicking and fighting while the other one is walking like a robot and sometimes lost in speech and stage - it is actually Donald Trump who had not done a lot of damage to the cryptocurrency industry and seems to be friendlier. Now, in case there can be a miracle and if the current polls can be true, come January 2025 there can be the 2nd term for DJT and maybe the cryptocurrency industry can have a bigger and more active voice in the decision-making process of the White House.







3


I am happy to note of this good development in Kenya in its journey with the cryptocurrency market. Unlike Nigeria, there is a good chance that cryptocurrency and mining will be regulated in Kenya instead of an outright ban similar to the China move years ago which is actually a lose-lose proposition. We can see that Kenyan President William Ruto is really interested with cryptocurrency and I am sure he is thinking of how this industry can instead help his country a lot towards progress that the people can feel in many ways. Let's hope that Kenya will soon be the beacon of hope for the cryptocurrency business in the African continent considered as the last frontier for the industry and has the best potential to see how cryptocurrency can really be working for the people.

6
Forum related / Re: Forum very slow today?
« on: Today at 04:09:09 AM »
Is anyone facing issues with AltcoinsTalks forum today?

As of today and even yesterday, everything is looking good with the forum on my part here somewhere in Asia. Though I must say that I got some downloading issues many weeks ago. Maybe this problem is just specific on your part and I am hoping that things will be normal again ASAP. And thanks for bringing this issue so we know that you are really concerned.

7



Prediction 1: $58,400.00
BTC bech32 address: bc1qzt4tz c85580yd888 jp9tcvukpjqrq whm525w02

8
With regard to the right coin, the first position is certainly highly recommended to include Bitcoin in the portfolio and top Altcoins such as ETH, BNB, SOL can be other alternatives.

When an investor is just new and is afraid of big risks then the best thing to do is to go for top coins of the market most especially Bitcoin and Ethereum as these are proven to be solid and have been performing well. Now, with that in mind, one could not here experience x10, x100 ROI as we are not anymore in the introductory stage. In case one is not risk-averse then there are new projects including memecoins that got strong potential for monumental growth ahead but then again the risks here can also be gargantuan...and personally I consider these projects more like a gambling rather than an investment as they can die anytime due to many factors. When one would go for trading then no question top coins must be on play as they can be analyzed well by anyone willing to do so. The same thing can be said if one is planning to just HODL coins into the future. Right now, cryptocurrency industry is giving us many opportunities to earn money but can also be a way to lose our investment if we are not careful and sometimes if we are not that lucky.





9


Arthur Hayes is here making a good assessment that can be shared by many others exposed to the ins and outs of Bitcoin for the past many months and years. And this is what I am believing also but then again there can be some surprises along the way that can dampen or excite the market abruptly. Remember that while people are expecting for the impact of halving to come later this year or even maybe in early 2025, we really don't know if what we saw before the halving can be it or hopefully there can be more. We have to take note that there others who are predicting that in 2025 BTC will be playing in the $150K range and whether that can come true or not what is more important to me is that BTC remains to be a very attractive asset compared to other investment vehicle and yet only time can tell what will be.

11
General Discussion / Re: Contentment
« on: May 08, 2024, 07:08:33 AM »


When more and more people are losing touch with their spirituality, they tend to be more greedy and would focus more on gaining material things thinking that they can give them the contentment all of us are looking for. Contentment is something that is subjective and it varies from one person to another but I would just describe it as happiness. When you are happy, it does not matter if you have many things at your disposal or you lack many things and you are still working for them. Now, it should be emphasized that contentment does not mean we have to be lazy but it means that we appreciate the things we have and we are using them for our benefit and the people we love dearly. There is always a big satisfaction when we share what we have with our family and with our community as giving is an act of love. We should be working hard but must never lose the right perspective in life that material things are made for us and we are not made for material things. In summary, life is all about knowing what are your priorities.


12

This is an interesting story and it involved a staggering amount of $68M of Bitcoin from the victim and the culprit was using the so-called crypto address poisoning. So what is address poisoning?

According to Cryptonews:
Quote
Address poisoning, also known as address spoofing, exploits a trader’s haste and negligence during transactions. It involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers.

In most probability, the victim was not aware that his gadget can be compromised resulting into this unbelievably high-value  scam which raises the question that even people who are already experienced with cryptocurrency - its ins and outs - can still be victimized by a more creative evil one.

There is no question that scams, hacks and similar cancerous endeavors within the cryptocurrency industry are one of the many blackeyes and which can make some people stay away from participating in this emerging industry. According to CertiK, over $502 million worth of digital assets were stolen across 223 hacks and exploits during the first quarter of 2024. Now, that is staggering!

Do you think that we should now accept the occurrence of these scams and hacks as very normal in the cryptocurrency industry...and what are the things we can do to protect ourselves from them?








13

From here: https://cryptonews.com/news/gary-gensler-attributes-secs-focus-on-crypto-to-financial-media-and-fraud-concerns

Quote

Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), defended the agency’s attention to the crypto industry in an interview, asserting that it’s not an undue focus but rather a response to the prevalence of scams and frauds within the sector.

Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention.





While I fully agree with the honest assessment that the cryptocurrency industry has become a paradise for many scammers, hackers and similar evil players whose main intention is to fool people for their hard-earned money and to create havoc with many platforms to steal as many digital assets possible, there is also a big problem with SEC with the way it is working with players of the industry because it is looking at it as enemy instead of as partners so all can be working to weed out scammers and fraudsters from the industry. And SEC must be making things clear and not cloud many things so everyone can be guided accordingly and if possible work with the industry to come up with regulatory framework that all can submit to.

Are you on the side of SEC with Gary Gensler or you think there are many things that SEC seems to fail to fully understand in regards to the cryptocurrency industry?





14


This is quite expected and with the reach and influence of the US government I am sure that these two guys - Keonne Rodriguez and William Lonergan Hill - will be getting some prison terms at their sentencing day. I am seeing the possibility that the accused would settle the case by accepting the guilty for the possibility of lesser years in incarceration. With the gravity of the charge, surely they will not be getting just four months just like what CZ got recently. Now, this is serving as a big warning for other operators of similar crypto-related businesses to be always careful when dealing with residents and citizens of the United States...the risk of its government running after you can be gargantuan and running away will not solved anything as well as fighting DOJ is not worth it.

15
One of the many things I heard from Robert Kiyosaki is the warning that there is a coming economic and financial conflagration coming for United States that will have a global repercussions similar to what transpired in 2008 that resulted in a worldwide bloodbath. Well, we might get tired hearing this warning as nobody would love thinking of the gloom and doom scenario which can upset our lives and our loved ones but the point here is that we must be prepared for any eventuality...and with Robert Kiyosaki's suggestion we can protect our wealth with gold, silver and of course Bitcoin. And whether this gloom and doom scenario can happen in USA, it is good to invest with solid assets that can withstand the changes that might occur.

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