follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - MRY

Pages: [1] 2 3 ... 11
1
Ethereum and Bitcoin are both strong cryptocurrencies. Initially, Ethereum seemed superior until the emergence of Ordinals on Bitcoin and Bitcoin's Layer 2 solutions. Now it's difficult to definitively state that Ethereum is better than Bitcoin.
We know that more and more new technology is being created, such as the creation of Layer 2 Bitcoin called Ordinal. With a system like this, the cryptocurrency network will continue to develop. This creates a variety of networks that can be used and when you want to make a transaction you have to pay close attention to the destination address and make sure it is the same as the one in your digital wallet.

2
Ethereum Forum / Re: When etherium Hit $5k
« on: Today at 05:21:50 PM »
We have been waiting for a long time to touch a new milestone of Ethereum. The price of etherium has gone down a lot in the past. But then for a little while Ethereum can touch  $5k. But do you think Etherium could touch $5k?

Ethereum's price journey has been turbulent, with significant drawdowns. While a $5k milestone is promising, it may face challenges. But with it given  potential and the crypto market's volatility, a breakthrough to $5k is possible if favorable conditions Align. I m sure if this and that why I paired it with Bitcoin on Bitget smart portfolio. This way, if Bitcoin experiences a bull run before Ethereum, I'll accumulate more Ethereum from Bitcoin's gains. Then, I can unpair them and await Ethereum's typically larger bull market cycle.
Usually the movement of the price of Ethereum will follow the movement of the price of bitcoin, the movement of the price of Bitcoin and Ethereum does not have a long enough distance, unless one of these coins has good news such as an Ethereum ETF that agrees, then the price of Ethereum in the market can increase very high without having to follow bitcoin price movements.

3
Some coins on BSC Scan tracking suspend as scam coins or not and you can check there about which one in your wallet is coins indicated scam,
in other way you can check with smart contract are the same based on data in Coingecko website or not because many similar coins with BSC scan network receiving in our wallet for every one active make transaction with BSC scan network.
I don't know has way how to stop receiving many kinds of scam coins in our wallet with BSC Scan network, but be carefully currently has another way by sending us scam USDT stable coin, when approving its smart contract your assets gone.
Usually the perpetrators will send scam tokens to those who put certain assets into the wallet that we have, for example I have token assets with the BSC network in a wallet like BNB, then the fraudster will try to send tokens with almost the same name or even the same but have a different contract. different, the goal is to bring the wallet you have to immediately exchange the wallet to the site they have modified and when your wallet is connected it will give them full access to make transactions to the wallet you have.

4
I don't like this because it shows that the crypto market is also influenced by politics. Binance should limit sanctions to individuals directly involved in this war instead of impacting all Russian users. The Russian people also opposed this war.

You see, that would require too much work and investment. So what do these companies do? They just put a blanket ban over everybody, because justice is too expensive to be served.

Meanwhile the actual puppet-masters behind the Ukraine war get to move their funds freely, with fiat, and be relatively unharmed. In fact, it's really only North Korea who is rampantly abusing crypto privacy.
I wonder why many countries that have a lot of money, such as North Korea, America and other countries, really like war? Couldn't the money we spend on war be used for humanitarian action and would make the world live longer? If war continues, the worst impact will be to destroy the world so that the world will not have a long lifespan.

5
We don't need to predict the price of BNB, we just need to believe in the development of the BNB project. As long as they still have their own exchange, there is still an opportunity to develop the coins they own, perhaps by means of an IDO or IEO which is often done on the Binance platform and there is a reduction This BNB supply will also increase the BNB price.
Yes, as long as the BNB token continues to be supported by launchpool + launchpad programs on Binance, demand for trading within the BNB chain ecosystem, and token burning events from Binance's revenue, we can still be confident in its price appreciation potential in this cycle and in the future. My only concern is that with its already large market capitalization and fierce competition from newer ecosystems in the market, the BNB token may still be able to set a new ATH but it will be difficult to achieve the same impressive price performance as in the 2021 bullrun.
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.
In fact, this is something that is very good and should never be stopped, the burning program is very useful for BNB price movements, we can see that the price of BNB from the beginning of the year has been very cheap, but with various programs such as burning and launchpad, BNB has a price this expensive.

6
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 08, 2024, 10:53:20 AM »
Anonymity is good for the general people even though there is a risk of misuse, but it is bad for the governments. Generally, governments all over the world want to tax everything. They don't want anything is hidden from them because they get a good amount of tax from its peoples resources.
Exactly, the government sees cryptocurrency as a good place to make quite a large profit, therefore currently many governments in several countries are trying to regulate the circulation of cryptocurrency, especially bitcoin. They try to regulate the circulation of cryptocurrency by imposing quite large taxes on those who have cryptocurrency assets.

7
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Well, what you already said, I would say is the only solution for anyone who lives in a place where they can not make online payments, for example, here in Nigeria when crypto currency was still very new, we used to be able to buy crypto directly from exchanges with our bank debit cards and so on, but after a while, international payments with our local atm cards was blocked by the central bank, and crypto trading was banned also, so we all shifted to p2p means of buying and selling our cash for crypto or crypto for cash.

Today and right now, the ban on crypto have not been lifted yet, but online payments have become very rampant and now, we can comfortably buy and sell crypto and make payments through online means without the government knowing exactly which is crypto payment and which is not.

In the nutshell though, if card payment works in your country for international transactions, then it's possible to buy crypto and pay directly with your bank card (if crypto is not banned in your country though), but in a situation where bank card isn't working, then the only effective solution remains p2p.
So far I have seen only 2 countries that give permission to purchase bitcoin directly using your bank card. In my country, if you want to buy bitcoin, you have to buy USD based on the Tether network and send the USD you have to an exchange until finally you can buy it. bitcoin, it is quite complicated because in my country there are still no rules or regulations regarding purchasing bitcoin legally.

8
Cryptocurrency Trading / Re: Do not neglect fundamental analysis.
« on: May 08, 2024, 10:47:19 AM »
To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

If you know that you will not be able to keep up with news updates as the come up, you can make a smart move on setting notifications on various crypto news handles on social media platforms like X, so that whenever there's a new development consigning cryptocurrency and a particular coin you'll be among the very first people to hear about it. Some traders make millions from just taking advantage of the news, and they are also able to avoid losses too due to fundamental analysis.

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

         -   Actually, technical analysis and fundamental analysis are a good combination to use both of them; they should not be separated, mixed, or fought; it should not be like that; instead, they should be side by side, which will help our traders in the crypto space.

Maybe the others just don't know how to do fundamentals, and maybe they only do technical analysis most of the time, so just study it if you have the chance.
No matter how good the existing fundamental analysis techniques are, when you trade on Meme coin and applying analysis like this of course it won't have any effect, techniques like this can sometimes only be implemented in Bitcoin even though they are not completely in accordance with what we have learned.

9
Cryptocurrency Trading / Re: Bitcoin Hit $70k For First Time.
« on: May 08, 2024, 10:45:22 AM »
Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.
If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.
It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.
Sometimes with this theory we can minimize losses, but you have to know that everyone's economic conditions will definitely be different, especially since many people can read strategies like this, the whales will try to be even more aggressive so that no one can withstand the risks that have been given by them. many people.

10
Cryptocurrency Trading / Re: Do not sell, Just HODL (v2)
« on: May 08, 2024, 10:03:57 AM »
1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
Boom, We have been through the halving for almost a month, but it seems there is no good news that can trigger an increase in the price of bitcoin, in fact after the halving occurred the price of bitcoin tended to fall. This is a pretty bad halving history because Bitcoin has no support for another price increase.

11
Cryptocurrency Trading / Re: App for crypto indicators
« on: May 08, 2024, 10:01:03 AM »
Such apps will never give you correct signals so avoid trading by following such apps. An ordinary web developer can easily create such apps so it is better not to trust all apps so easily. If you search the Play Store, you will find many apps that claim to provide 100% accurate trading signals. They make such claims only to increase the number of users of their app but if you believe them and install their app and trade according to their instructions then you will definitely get hurt. Rely as much as you need to on your own trading skills, there is no need to follow other people's trading strategies.
Buddy I think you get the indicator apps on a wrong way, Because indicator apps doesn't gives any signal and that is why there is also no chance there they will give wrong signal. Indicator apps help with the different kinds of indicators for technical analysis, what will make you define or make a signal for the multiple cryptocurrencies. And proper Indicators are the thing that can make or gain your trading skill so it is always has a value for doing trading.
Exactly, I also think the same as you, Maybe @Litzki1990 should include a screenshot or application he uses so that we as users on this forum don't make the wrong assumptions about the indicators he uses, after all we only want to know the indicator applications he uses, nothing another.

12

Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls. BlackRock's IBIT had its first-ever day of outflows, with $36.9 million exiting the fund. Fidelity's FBTC led outflows, shedding $191 million, followed by GBTC, ARKB and IBIT.
Fed Chair Powell ruled out a rate hike as the next move, catalyzing a brief bounce in BTC.

Investors dumped U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) at the fastest pace ever on Wednesday, even as Federal Reserve (Fed) chairman Jerome Powell dismissed the prospect of a rate hike.
The 11 ETFs saw a cumulative net outflow of $563.7 million, the largest since the funds began trading on January 11, extending a five-day losing streak, according to data source Farside Investors and CoinGlass. Investors have pulled out nearly $1.2 billion from the ETFs since April 24. Also notable Wednesday were the first-ever outflows from BlackRock's iShares Bitcoin Trust (IBIT), which saw $36.9 million exiting the fund.


This is taken from here: https://www.coindesk.com/markets/2024/05/02/us-bitcoin-etfs-bleed-record-563m-even-as-feds-powell-rules-out-rate-hike/

I am hoping OP will put an attribute of the material so no one will be accused of plagiarism which is important issue on this forum.
He was proven to have used the content of the article without adding the source. Of course this will result in plagiarism. It is better that when providing information from articles outside this forum, you must include the source you got. Also make sure you don't copy all the contents of the article, use your opinion about the contents of the article.

13
Bitcoin Forum / Re: BTC capitalization 1.29$ trillion
« on: May 08, 2024, 09:40:50 AM »
The showed CAP is just a number as you can see the BTC market fluacting and now the CAP is down. There is still a chance the CAP can down a little more in short Term, but in Long Term it will increase insanely.
It's true, bitcoin price movements also have an important influence on CAP. If bitcoin goes down then bitcoin CAP will also go down because many of those holding bitcoin have already left, this is the effect of there being no support which can trigger the price of bitcoin to rise again.

14
After halving we have not seen any positive things happen in the market but according to predictions the halving does not alter the price faster so as we have experienced 73k$ before halving so without doubt we will see price movement more than 73k$ after halving.
Before halving and ETF approval, I had always said and anticipated that two will derive the market!
  • US ETF
  • Halving bull run

I said, if A refuses to move the market, that B will. And fortunately A already moved the market. We shouldn't expect the effect of B almost immediately.
Does this mean there is a good opportunity for the price of bitcoin in the future? because remembering what you have said that some group A has moved markets.

15
Bitcoin Forum / Re: Roger Ver has been arrested
« on: May 08, 2024, 09:34:50 AM »
Really funny, what made me laugh the most was this quote:
Quote
Bitcoin.com remains steadfast in our mission of making money accessible to everyone, everywhere, without limits
It seems as if they are presenting themselves as they and "Bitcoin" the same thing!!!

In any case, the United States began its major war against everything related to Bitcoin and Crypto, starting with central and decentralized third-party services and ending with institutions and individuals, in a clear message that no one is outside its grip.

It is clear that they will now start prosecuting all known personalities who own Bitcoin on charges of tax evasion.
If America imposes a strict ban on the use of bitcoin like this, it will be bad news for bitcoin and most likely this will cause the price of bitcoin to collapse. I suspect that what the American government is doing is aimed at controlling the price of bitcoin.

Pages: [1] 2 3 ... 11
ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod