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Messages - Noverteno

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1
I have been closely following the price of ethereum since the April 12th update. While the entire cryptocurrency market is growing little by little, it is difficult to say how much this coin has been affected by the latest update. But still, the price of ethereum has now risen to just over $2,100.

3
Cryptocurrency discussions / Re: Coinbase blocks 25,000 Russian addresses
« on: December 17, 2022, 08:08:39 AM »
This is something sad for Russian citizens who use platforms like Coinbase, I know what Russia is doing may not be justified by other countries but blocking Russian people's accounts that have nothing to do with this situation is also very pity.
Blocking the accounts of Russians on the cryptocurrency exchange is a trifle compared to what the Russian people are doing towards the Ukrainians. In Ukraine, hundreds and thousands of Ukrainians and more civilians - women, old people and children - are dying every day at the hands of the Russians. This is serious. And somehow they are not at all interested in the fact that some in Russia do not agree with this war in Ukraine and instead of openly declaring their position on the streets, they quietly whisper about it in their kitchen so that no one will hear them.

Blocking Russian accounts is nothing compared to what awaits the Russians ahead for their military aggression in Ukraine. Let them get used to it. For the pleasure of robbing, raping and killing Ukrainians, they will have to seriously pay for many generations.

4
If back in 2018 bounty hunters began to complain about big problems with rewards for participating in bounty campaigns, then what can we say about today, when the situation has become even much worse. If we receive a reward in our wallets, very often the received tokens never get to the exchange, or are valued there so low that sometimes the transaction fee is more expensive, or the amount is too small.
In order for the situation to change in terms of safety and getting paid for our work, most likely, government regulation of this type of activity is needed. Now everyone decides to participate in bounty campaigns or not, based on the availability of free time and the desire to take risks in the hope of just luck.

5
More than two years have passed, but governments are in no hurry to establish clear rules for the circulation of cryptocurrency in society. This is partly due to the fact that cryptocurrency is a completely new phenomenon in the financial sector of the global economy. And finance, as you know, does not like haste. And governments have not yet developed a unified line of conduct regarding cryptocurrencies. Moreover, this process proceeds differently in different countries, taking into account economic features and the alignment of political forces. But anyway, the process is underway. States are really getting more serious about cryptocurrencies.

6
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
Some teams still continue to distribute their new tokens to bounty campaign participants in separate parts, but, in my opinion, this trend has not found its wide distribution. This branch started a few years ago, but little has changed since then. This idea, as always, has both positive and negative aspects. Sending tokens in parts means that not one, but several transactions will be carried out. And that means additional costs.

7
Bitcoin Forum / Re: Why is bitcoin stability important?
« on: December 14, 2022, 05:57:33 PM »
The stability of bitcoin is more and more important to crypto. Bitcoin is not called the king of crypto just by name. Its price has an effect on the entire crypto market. Behind every cuurency there is a team. But the bitcoin there is no basis. Nevertheless, it is one of the number 1 currencies of crypto on its own basis.
Bitcoin and other decentralized cryptocurrencies cannot have price stability, since this market is not regulated by anyone, and the price is formed solely by the relationship between supply and demand. Therefore, it is not worth demanding the impossible from bitcoin. In addition, if bitcoin becomes stable in price, it will lose its attractiveness for investors and its price will then fall sharply.

8
Bitcoin Forum / Re: BTC showing some strength, will it hold on?
« on: December 14, 2022, 05:44:26 PM »
BTC is moving between $15500 to $17000 and many high investors are taking benefit from this gap, as it is more than enough to grab a good profit from an almost $1500 To $2000 difference.
Now bitcoin is showing a weekly price increase of about 8 percent, the price increase of ethereum is about 9 percent. Bitcoin has also already surpassed the price of $18,000. But to draw any conclusions, you need a longer observation of the market with a similar result. In any case, we are not seeing a further drop in prices, and this is already encouraging.
We will soon be approaching the Christmas and New Year holidays. Usually at this time, people spend more money and invest less in cryptocurrency. Therefore, I do not expect any significant changes in this market in the next few months.

9
Bitcoin Forum / Re: Is Bitcoin a Store of Value? An Insight To Find It Out
« on: December 13, 2022, 06:32:40 PM »
Well, the arguments are pretty compelling. I also agree with the reasoning that bitcoin is not a good store of value. But most bitcoin holders will object to this for the time being, because they have made good profits during the existence of bitcoin, which means, in their opinion, it is a good store of value. So far good. But this does not mean that it will continue to be so.
  First, bitcoin cannot grow in price indefinitely, let alone grow rapidly in price. This is contrary to economic laws.
Secondly, even if bitcoin could do this, states would not allow it, because this would affect the stability of their global financial system.
What happens if bitcoin stops growing in price? This will mean complete collapse for him. It will no longer make sense to hold it and it will begin to depreciate very sharply. This will be a big shock in the cryptocurrency market.

10
The Russian people are not supporting and not participating in the war, they should be allowed to continue trading on Binance instead of being banned. Binance should only punish individuals who are involved in means of war and war crimes in Ukraine.
Very strange  reasoning. In February, an army of roughly 200,000 Russian citizens who did not support the war invaded Ukraine from all sides. Or was it not the Russian army, but aliens? Although they were mediocre, they nevertheless began to fight with the Armed Forces of Ukraine, and since they began to receive defeat from the Armed Forces of Ukraine, they switched to civilians, robbing, raping and killing them. In general, the Russians who did not support the war turned into a horde that destroys everything in its path. The settlements "liberated" by them turn 80-90 percent into ruins, after which they themselves declare that they are no longer subject to restoration.

As the first wave of the professional Russian army was defeated, mobilization was announced in Russia in September and another 300,000 Russians who did not support the war, looking up from their TV screens, arrived in Ukraine to kill Ukrainians.

What are the rest of the Russians doing? Maybe they take to the streets en masse to protest against the war in Ukraine? We don't see this at all. They only worry about paying the promised large reward for participating in the war or compensation for their relatives killed in the war. Some order clothes or household appliances from the robbed houses of Ukrainians, there is even a case when the wife asks to bring the head of a Ukrainian from the war. Therefore, it is not even worth saying that Russian citizens have nothing to do with it.

11
Bitcoin Forum / Re: Bitcoin can be superior to banks?
« on: December 12, 2022, 08:12:42 PM »
It may come to reality that Bitcoin in many people points of views, that "Bitcoin will do to banks what email did to the post industry".
In personal opinion, I that this statement can be very possible in near future, What do you think?
Don't even hope for it. Bitcoin does not have any useful functions other than the function of money, but it does this very poorly, since it is used very little as a means of payment. But even cryptocurrency as a whole will not be able to displace and replace banks. The banking system performs more diverse functions than cryptocurrency. In addition, it is part of the state system of power, which means it is completely under the protection of states. Cryptocurrency has no chance to resist states.

12
Russia is trying to take the World Super Power spot and they have the best hackers. Also, Russia will try to implement all the latest Technologies which other countries can only imagine, as it's just a matter of time.
Maybe Russia tried to introduce the latest technologies, but in terms of the state of its military equipment and industry in general, this is not noticeable. Western countries and the United States are now helping Ukraine to repel Russia's aggression, that is, Ukraine now uses military equipment from NATO countries and it is much superior to Russia's military equipment on the battlefield. A dozen HIMARS radically changed the course of the war in Ukraine in the direction of the Armed Forces of Ukraine. In addition, almost all technological solutions in Russia use electronics and components from Europe and the USA. The current sanctions do not allow their supply to Russia, so they get electronic chips from imported washing machines and other household appliances.

After the obvious military defeat of the Russian Federation in the war with Ukraine, Russia will become a country isolated from the civilized world, which is now North Korea and will not be able to use or produce new technological developments.

14
Cryptocurrency discussions / Re: Cryptocurrency and Family
« on: December 09, 2022, 09:54:50 AM »
It is important that our work with cryptocurrency does not interfere with solving family problems, and then everything will be fine. But many of us, I think, not only have possible problems with our parents, but we ourselves have a spouse and children. Working with cryptocurrencies should not interfere with our main work and should not replace it, since cryptocurrencies are not capable of generating a steady income. It should be a useful hobby in your free time, then there will be no unnecessary problems in the family.

15
I agree, wholeheartedly. The high transaction fees of these blockchains is a sign of failure. Plain failure. That is stopping Ethereum and Bitcoin from being a media of transaction or a store of value. I hope they fix it some day
Bitcoin and ethereum were the first cryptocurrencies in this market and they were not designed for such a large current number of transactions. With an increase in demand, these coins simply need to be updated in a timely manner in accordance with the requirements of the time, and then there would be no problems. Therefore, I do not consider high transactions in these networks as a sign of their failure. Ethereum, albeit very late, solves these issues and transactions in its network have already dropped to acceptable sizes. But the same cannot be said for bitcoin. Despite the still high demand, this coin is very poorly updated, so it can expect failures in the future.

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