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Messages - TomPluz

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1


With all of these complaints against Freewallet, it is good that they should be published here so as to serve as a big warning to its present and prospective users to avoid the said platform like a dangerous abyss where people can lost assets they supposedly own. Claiming to be a provider of "simple and secure wallets" am sure Freewallet has undergone foundational change that can be affecting its reputation, a very important and pivotal currency in today's digital era and cryptocurrency revolution. When people are starting to question their trust and confidence on a certain platform, its future can be doomed if there is nothing concrete can be done to change its trajectory. I am not a user of Freewallet but I always sympathize with people who are deceived by the platform they are depending on to protect them.

2


The strategy used in this case is not something really new since I heard of similar stories even years ago...what is astonishing here is the amount - $71 million worth of ETH - which is truly staggering and this happened in just one transaction with the deceitfulness of address poisoning attack where the victim was not looking at the entire address where he sent the asset to. This is so sad and I am sure this affected the victim in a profound way as even losing like $1000 can already be gargantuan to me how much more if it can be worth millions. The big lesson here is to see the full address of the recipient wallet to make sure it is correct and not changed somehow.


4


In my own humble view, comparing Bitcoin and Ethereum with each other can be like comparing an apple to an orange. There is no question that so far with the way things are and the way we see many developments on both networks, Bitcoin is the KING and well Ethereum can still be considered as the PRINCE. Bitcoin got its own strengths that hopefully can withstand time and many challenges in the years to come, and then we also see some minor weaknesses which hopefully can be rectified in the next 10 years of its existence...and I am particular with its scalability issues. Each network will be judged based on the TRILEMA box: security, scalability and decentralization. For me, Bitcoin is strong in areas of decentralization as well as security while Ethereum is weak in those. Now, we should understand that both networks are still evolving and who knows the many things that can emerge from them...as the voyage into the future continues.

5
Sometimes those scammers provide links to their website so that the victim can visit their website and try to swap the coins. Here is the main part, when victims connect their web3 wallets to their website, these websites drain their entire wallet within a minute.

This is actually already a popular scam method which victimized many in the past and that's why it is good never to touch something like that otherwise your wallet will be zero in no time at all. I once read horrifying stories along this scam strategy and in many cases those who are new in crypto industry can easily be deceived as who would not want to receive something for free even if the value can just be $10. This was popular in both ETH and BSC network and until now I still see some tokens and coins coming my way without me knowing where they really come from. In Twitter or X, airdrops is always popular but I am careful in there as we don't know if they are still employing the same scam way to victimize people. We are certainly living in the good and the bad of the cryptocurrency industry and categorizing which can be a little bit challenging.



6


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.

7
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.







8


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.

11
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.

12



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

13
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.





14


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.

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