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Messages - MrSpasybo

Pages: [1] 2 3 ... 1054
1
Mixtum is doing a fine mixing job, but I don't like people using this term ''dirty'' and ''clean'' coins, because it's all based on some centralized closed source list that is storing random addresses and making wild assumptions.

It is really interesting that only with government magic powers coins can become ''clean'' and sold after getting confiscated.
Regular people doing less than this are marked as criminals by the same government  ::)
This makes you think who the real criminals are.
"Dirty" coins are defined as coins that are associated with illegal activities according to the law. When they are confiscated by the government, they are stored by the government, are the property of the state, and they will naturally become legal. Therefore, they can be considered clean when sold on the OTC without any charges, the proceeds will be used for good purposes such as paying salaries for the administrative apparatus or building the country, or at least they want us to believe that.

In any case, MixTum does not serve governments because the maximum amount per Mix is   only 50 BTC  8)

2
It seems that Binance will not stop and will continue to burn to reduce supply, which may continue to increase, which, of course, will prevent prices from increasing in the future. Apart from that, they have carried out many innovations because, without any updates, they can reduce the trust of investors who have continued to support them until now.
In my opinion, BNB will be like the event in 2021 which gave a surprise with its ATH, which can be done at the moment when the upcoming increase occurs.
BNB employs two burning mechanisms and will reduce the total supply to 50%: BNB from gas fees on the BNB chain + quarterly BNB burning from Binance CEX revenue. Currently, we have around 150M BNB in circulation, Binance will need to burn another 50M BNB to achieve the original target.

During the crypto winter, Binance's coin burning events did not attract much attention, I think this will change in the bullrun when every positive news is noticed and absorbed into the price. I believe the BNB token will not disappoint BNB holders, but I also dare not have high expectations for a really high ATH for BNB in this cycle because the BNB marketcap is also quite large ~ $80B.

3
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: April 17, 2024, 11:03:13 PM »
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.
Cryptocurrency skeptics should read your comment to understand that crypto is not just a pump-and-dump scheme, manipulation, or a market with extremely high risk. Manipulation and high volatility are just a few aspects of the crypto market, and they actually exist in all financial markets, including commodities and stocks. Crypto is still making the lives of many people easier and better, and those who have never experienced the financial difficulties involved in transferring money or storing assets will hardly understand the values   that only exist in crypto!

4
I thought about this a long time. Having to hodl the btc or the 100k for a year makes this a tough call. 

I think I would take the cash.
I believe BTC can reach $150K-$170K in this cycle, and this price zone could be reached by 2025. So, if given the choice to choose and hold, I would definitely take 1 BTC as it would generate a 50% return after 1 year, while USDT can only generate an APR of around 20% per year.

It would be better if we had the option to take $100K and invest it to buy around 1.5 BTC right now ^^

5
Bitcoin Forum / Re: is $60k the floor rate of bitcoin after halving?
« on: April 17, 2024, 10:18:13 PM »
Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments
I think we need a price chart to make the analysis clearer.

I'm using LPPLS.O1R1 and I believe that the BTC bubble has burst after 20 months. I'm not sure if we'll see a sharp downward correction or just a sideways retesting. In the best case scenario, we can consider $60K to be the bottom of this correction, which is just a retest of the support zone before continuing to grow. In the worst case scenario, we may see BTC retest $40.5K ~ Fibo 0.382. I don't expect this to happen because it's equivalent to a -45% correction for BTC, many ALTS will drop even more!


6
I have 85% in Bitcoin, 10% in Fiat and 5% in altcoins. Even the 10 that I have in fiat is to rebuy bitcoin in the dip so it is a save to buy bitcoin either in the halving or in after All Time High has come and gone then in the dip. And another thing for people to allocate percentage to their crypto assets should also depends on the kind of work they do. And as for me I am going to increase my asset percentage to 95% in the next bear market and share the remaining 5% into two with fiat and altcoins.
85% + 5% = 90% in crypto? You only hold 10% in fiat? You don't have any real estate or precious metals in your portfolio? Wow, you really believe in the potential of this crypto market, and your portfolio is also quite safe with 85% allocated to BTC and only 5% to ALTS. This portfolio is probably bringing you significant returns in this market recovery that has lasted for over a year now, as BTC has outperformed most ALTS in the market.

I'm also holding more BTC than ALTS, but I think I'll be changing my investment plan soon as the halving event is coming up and altseason is expected to start soon in Q3 this year.

7
Cryptocurrency discussions / Re: Stay away from crypto ponzis!
« on: April 17, 2024, 09:37:11 PM »
Being greedy is the most harmful behavior which will create difficulties for you in the way of success, and a greedy person cannot get his desired profit because his wishes increase day by day  due to which he misses to take his deserved profit too.

Your Knowledge will be hidden by your prominent greediness and your experience will not work for you therefore if you overcome your greed you can get what you want.

If someone learns so much but he has no control over his greediness then there is no use of such knowledge and all things will just be time wasting.
I believe that knowledge can help curb blind greed in this market. When investors understand staking rewards, they will not fall into traps related to staking with unreasonably high APRs. When they know that Tron has a TRX token, they will not buy scam tokens with the ticker TRONX. When they know that it is very difficult to invest and make a profit in this market, investors will not send 1 ETH hoping to receive 2 ETH...

The traps in the crypto market are becoming increasingly sophisticated, involving both browser malware and fake tokens on DEXs to steal users' assets. It is difficult for us to be wary of them, but Ponzi schemes are often easier to spot due to their unreasonable returns. Investors only need to do a little research or ask someone with a bit of experience in the crypto market to avoid these Ponzi schemes.

Interestingly, in many cases, even though they know it is a Ponzi scheme, many people still participate in the hope of making a quick profit and then withdrawing and pushing the risk onto latecomers!

8
Trong khoảng thời gian 14 ngày, xu hướng cặp giao dịch BNB trên mười dự án Binance Launchpool mới nhất đã mang lại những phát hiện sâu sắc. Các nhà nghiên cứu đã xem xét kỹ lưỡng xu hướng lợi nhuận trung bình của mười token này, tiết lộ một mô hình đáng chú ý.
Đây có thể chỉ là dữ liệu thống kê liên quan đến những dự án đã được khởi chạy gần đây, 1-2 tuần có thể thời khoảng thời gian mà những nhà đầu tư thường chốt lời sau khi có được lợi nhuận ngay sau khi token được giao dịch, khi đó giá thường giảm xuống, đi vào giai đoạn tích lũy trước khi tiếp tục tăng trưởng trong tương lai. Đối với mình, dữ liệu này chỉ mang tính tham khảo, không đi kèm với nhiều lý do thực sự đáng thuyết phục. Mình nghĩ những dự án mới trên Binance thường khá tiềm năng, việc hold token trong dài hạn đến đỉnh bullrun sẽ là lựa chọn tốt hơn so với bán trong khoảng 1-2 tuần sau khi dự án được khởi chạy.

9
On a general note, I don't understand why people keep talking about Musk as if he were Luis XIV, the Sun King
Do you think X' management would do whatever he say?
Do you think X' CEO would take responsibility for whatever E. Musk decides?
Do you think X' major shareholders are not involved in X' strategic decision process?
X' management will choose the currency that best suits the requirements of a payment method, not the currency that E. Musk and his girl-friend like the most.
This is a multinational corporation, it's not Elon Musk's grocery shop.
These are just our speculations, and we believe that Elon Musk still has a significant impact on X-payment's decisions regarding crypto. We only know that Elon Musk has strongly supported BTC and DOGE in bullrun 2021, and Elon Musk may be able to convince the other members to adopt crypto for X-payment, which is why we expect X-payment to accept crypto when it is launched. If these assumptions do not hold, it will be very difficult for us to make an argument for our predictions. I don't even know the names of any of the directors of X, I only know Elon Musk.

10
I can only assume that you have your own reasons for such a storage method, because CEXs should not be wallets, and the old saying goes "not your keys, not your coins". I only believe in airgapped wallets and safely saved backups, everything else is a risk I don't want to accept.
Yeah, I understand it. But I store a portion of my crypto assets on CEXs, and I need to use CEXs to sell USDT for fiat currency and pay for real-life bills. OTC is also an option, but they usually don't trade assets under $100, which is not suitable for me and has higher risks than P2P on CEXs. This makes me more concerned about the cleanliness of the crypto I send to my CEX accounts. For now, with BTC, I have found a solution to my needs at MixTum ^^

11
The only game I've really tried to play to earn money is Axe Infinity. My experience here is that I became a scholar of management, and every week I get a profit or a salary. The battle between me and the manager is a percentage.

I also benefited from this axie for a few months during those times; maybe around 80-100 dollars a week I earned from axie during these times. Then I'm also the one who trades its SLP on Binance. After this axis, I couldn't stop. Although there are others that I have heard that I know can make money, and I have also tried others, they are not as good as Axie.
Axie Infinity was the most popular GameFi game in 2021 and it has brought great opportunities for both players and investors, however, I still do not like its unsustainable tokenomics revolving around SLP token & AXS token. In addition, the quality of the game is not really good, it does not create for me the excitement like playing Pokemon Go, it also does not have a good enough storyline to keep players engaged and explore the game world.

I really hope that with the development of Ronin and Immutable, we will soon have more interesting and playable games in the GameFi trend in this bullrun. GameFi will not only be Play-to-Earn, but will be Free-to-Play & Skill-to-Earn!

12
Stable Coins Forum / Re: Is Tether a Fraud?
« on: April 16, 2024, 06:55:35 PM »
Stablecoins are not fraud, we only have to ensure that the ones we are using or in support are the within the most recognized and supported ones, USDT is the best and most reliable stablecoin anyone could find being applicable for use in most instance, we have to know the true value and relevance in the use of this same tether and how its a global stablecoin where all currency pairs exist with.
People have different views on stablecoins, some believe in them and others see them as nothing more than scams. I respect the reserve proof that Tether and Circle provide to the community, and these companies are also buying a lot of government bonds, investing in BTC, and providing other services. In the past, I was also worried that Tether did not have enough assets to back the value of USDT, but for now I temporarily trust the value of stablecoins and think that 1 USDT is really backed by $1 worth of assets.

Concerns about stablecoins have existed since their inception, I don't think I want to spend a lot of time worrying instead of focusing on following the market and looking for opportunities to make a profit. Those who don't believe in stablecoins can sell their crypto for cash and hold on while waiting for new opportunities in the market.

13
XRP - Ripple Forum / Re: What is your ripple status for 2024.
« on: April 16, 2024, 06:35:45 PM »
I had some and dumped it years ago. I am not a fan of P.O.S. coins.

Don't need to know how many you have or ever had. But interested in you current status.

 I am not going to buy and hodl any in the near future.
I'm doing the opposite, I just started DCA XRP because I believe XRP has a strong chance of making a comeback in this bullrun thanks to its win over the SEC and XRP being concluded not to be a security. Ripple has new plans to develop the ecosystem such as introducing its own stablecoin or aiming for an XRP Spot ETF in the future. When Ripple can devote all its resources to developing the ecosystem instead of being distracted by the lawsuit with the SEC, I believe they will not let the XRP token be forgotten in the crypto market.

Currently, as the BTC price has dropped and we are entering a fairly large correction wave, the XRP price has also fallen below the Weekly EMA34 (Sonic R), a bad signal for XRP. But I think the halving is approaching and this could just be a bear trap to get weak hands to sell their tokens, so I've decided to allocate some capital to buy XRP with the expectation of seeing an ATH in this bullrun.


14
Ethereum Forum / Re: Is staking ETH on Binance risky?
« on: April 16, 2024, 06:20:53 PM »
Binance really considers its users well, they have insurance that is able to cover all losses that may arise from disasters or hacker attacks as has happened in the past. With the experience that Binance has and still remains number one for all exchanges, this is quite a good achievement Therefore, as you mentioned, Binance remains the best for staking according to your wishes depending on the capital we will use.
In the aftermath of the FTX collapse, many investors are seeking self-custody of their crypto assets and are hesitant to stake ETH on Binance. This is understandable, but for ordinary users, staking ETH on Binance for an APR of 3% per year is extremely convenient and easy, and Binance is also the top and most reputable CEX in the market.

The only problem is that this affects the decentralization of the network, as Binance will become the representative of users when they participate in the Ethereum network. Instead of dozens or hundreds of individual nodes, there will only be a single node managed by Binance. This is similar to the impact Lido is having on the Ethereum network: a decrease in decentralization. Nevertheless, this is only an issue for the Ethereum Foundation, and as an ordinary user, I am perfectly comfortable staking ETH on Binance to earn high APR.

15
Cryptocurrency Trading / Re: Do not sell, Just HODL (v2)
« on: April 16, 2024, 06:05:50 PM »
The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?

And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).
I think this correction is normal for several reasons:

1. The Halving and the potential for the FED to lower interest rates have been priced into the market, and the Halving could be a sell-the-news event, when investors want to take profits.

2. The uncertainty about the approval of ETH Spot ETFs in May as the SEC is investigating Ethereum.

3. The continuous and unsustainable rise of BTC price for over a year, a correction and re-accumulation is necessary for the market to enter a bullrun in a strong way.

I have not sold any crypto assets in my portfolio, my choice is to continue accumulating BTC and top ALTS. It cannot be said that I am happy that the market is entering a correction phase, I always want to see prices rise, but a correction is necessary for us to have a longer bullrun and a bigger altseason in 2025.

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