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Messages - MrSpasybo

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Announcements [ANN] / Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018

« on: Today at 02:54:40 AM »

Quote from: paid2 on May 23, 2024, 02:06:06 AM

Yeah I'm happy that MixTum is organizing some nice raffles for the community, and as you said, more members will be aware about this great service. Wish you good luck for the draw!

I hope that 100 numbers will be soon claimed by the AltcoinsTalks forum members and we can proceed to identify the first lucky winner of the MixTum Raffle. I did not participate in the UniJoin Card Raffle because I do not want to reveal my personal address, but I would be happy to participate in the MixTum Raffle to test my luck ^^

In addition to the $45 in BTC prize, I think a few other prizes could be applied, for example 9 other lucky winners will receive a code to reduce the fee when using MixTum, for example reduce from 4-5% + 0.0007 BTC to 1-2% + 0.0007 BTC ^^

Cardano Forum / Re: Is Cardano better than ethereum?

« on: Today at 02:40:26 AM »

Quote from: doc on May 22, 2024, 03:44:42 PM

I agree with you that we should have both ADA and ETH, both have quite potential. but if we discuss which one is safer, of course ethereum is safer. Diversify is a good step in investing, you can hold two coins, ethereum and cardano

In terms of price appreciation performance, ETH +300% is better than ADA +100% compared to the bottom price of the past crypto winter. The ETH Spot ETF has also just been approved and has become major market news, which could boost the growth of the entire Ethereum ecosystem and ETH price. From an investment perspective, I would really like to choose ETH even though ADA is also very promising and the Cardano ecosystem is also developing quite well.

Many people like ADA because they believe that when ADA returns to ATH, investors in ADA right now will also have a profit of +550%, meaning that the profit that ADA will bring in the future may be greater than what ETH with a large marketcap can do. I hope this will happen and bring ADA back into the marketcap race this bullrun ^^

Solana Forum / Re: Will Solana be next with a spot SOL ETF?

« on: Today at 02:26:25 AM »

Quote from: TomPluz on May 24, 2024, 06:39:59 AM

After the approval of spot Bitcoin ETF in January which later on pushed the price of BTC to achieved a new ATH even before halving and now there is another breaking news of SEC finally released its nod for spot Ethereum ETF, there is now some speculations that soon we can be able to see spot Solana ETF in the market.

I am sure that many SOL supporters and holders are so excited with this news which if will happen will mark a very big milestone for SOL and can cement its own reputation as a very competitive and valuable cryptocurrency network worth considering and investing with.

Are you enthusiastic with this rumor?

Upon the approval of ETH Spot ETF, we can understand that ETH is no longer accused of being a security. Therefore, many POS tokens, including SOL, are also not securities. This is really good news for the market at this time, especially for SOL, to enter the bullrun smoothly.

For SOL Spot ETF, I think it is still too early for us to have expectations for it, although the trading demand of investors for SOL may have been large enough for the SEC to consider and approve requests for SOL Spot ETF. We should wait for official information about whether large funds like BlackRock and Fidelity want SOL Spot ETF for their clients. Of course, if they dare to request, I will also support SOL Spot ETF because it can boost SOL token price and the explosion of the entire Solana ecosystem.

Ethereum Forum / Re: ethereum etf approved just now

« on: Today at 02:12:16 AM »

Quote from: vegasus on May 24, 2024, 11:47:02 PM

And the effect, look at how the market is now. especially the price of Ethereum. The effect of the Ethereum ETF approval is truly great. At least for the time being, this is very good for the upward progress in the market. Even if you look at the graph of Ethereum itself, it is very significant. Currently, the price of ETH is at $3,740. Even though it is currently experiencing a decline, at least, it is much better than it was a few days ago.

The news about the ETH Spot ETF a few days ago really quickly pushed the price of ETH to the $3.8K zone, and for the time being we are witnessing a sideways movement of the ETH price as investors no longer have good news to continue to expect while many other investors want to take profits. It is possible that the approval of the ETH Spot ETF has become a sell-the-news event in the short term, until investors can officially buy the ETH Spot ETF and create enough buying pressure to push the ETH price to a new ATH as happened with the BTC Spot ETF.

To me, the ETH Spot ETF could become the basis for many Spot ETFs based on many other tokens such as XRP or SOL that could be approved in the future, and could also indirectly protect POS tokens future. In the next few months, the ETH Spot ETF could be an important driver for the crypto market to exit the accumulation phase and move deeper into the bullrun and altseason.

Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World

« on: Today at 01:58:54 AM »

Quote from: alltalk on May 24, 2024, 10:37:11 PM

I think it is normal if people doubt Bitcoin at that time. Bitcoin still didn't prove anything, it was no value at all. People want to see the proof first, they only believe it when they can see the proof. Now, when Bitcoin can prove it, people trust Bitcoin as a great asset. Even a country like El Salvador wants to make it as a legal tender now.

Of course, Bitcoin is the number 1 crypto coin. Everyone wants to have crypto assets, they must prioritize Bitcoin as their main target. Bitcoin has regular halving in every 4 years, it always triggers the price to increase significantly. So people believe it, people can trust with Bitcoin because of the history of halving effects.

At any given time, investors always have both greed and fear for an asset, even if it is BTC at $70K. Some people are afraid that the BTC price will drop sharply in the next few months, others do not want to buy BTC at a high price, while others could have bought BTC at hundreds of $ few years ago. Investors who lack confidence in BTC will tend to choose ALTS or stay out of the market.

Even gold, an asset widely accepted on a global scale, is also a financial instrument that comes with investor debate. The same will happen to BTC in the future, even if BTC reaches $1M. This is completely normal in the market, so believers will continue to believe, skeptics will continue to doubt. In my opinion, from an investor's point of view, everyone who participates in the crypto market should have BTC in their account to ensure profits in each cycle.

Cryptocurrency Trading / Re: Simple practices to improve trading.

« on: Today at 12:48:06 AM »

Quote from: Gurujebs on May 24, 2024, 09:23:06 PM

Between holding and trading, people tend to runaway from the two quicker than we expect most especially the newbies because they don't have what crypto need. They lack patience to hold and patience to trade, they just think you can plug money from this space and become a millionaire over night but this things take times. Sometimes, I do have thought about teaching people how to be patience before putting money into crypto, it will help them navigate through any negative thoughts of abandoning crypto when they experienced small loss.

I believe that each investor is suited for a specific activity in the market: holding or trading. Both holders and traders can earn significant profits in this market, as long as they have sufficient experience in market analysis and risk management. Shitcoin holders can also suffer losses, while highly disciplined traders can still achieve huge profits. The difference between losses and profits is created by experience, and experience only comes from the time that investors spend in the market, and it goes hand in hand with patience as you mentioned.

Typically, investors often FOMO and rush into investments to make a profit. They usually only start to take it more seriously when they suffer losses and see the harsh realities of this market. They have paid a high price to understand that this market not only has opportunities but also risks, and they are not lucky enough to get rich in the crypto market.

Cryptocurrency discussions / Re: The impact of crypto on our lives

« on: Today at 12:34:26 AM »

Quote from: NotATether on May 23, 2024, 01:48:00 PM

Banks can only stop you from buying and selling crypto but once you already have it, they can't stop you from making transactions and crypto payments using it.

It is a well known fact.

People can still be cautions about involving their bank into any crypto transactions, but once you're on the Internet, you've got nothing to fear.

In general, banks in "crypto-unfriendly" countries may freeze all fiat transactions of users related to crypto, for example, information attached to transactions such as "buy BTC". Users may even face more trouble when their accounts are frozen and investigated for money laundering or using crypto to make payments instead of fiat.

In such countries, for example Vietnam, holders can sell crypto for fiat through P2P, OTC, and then use fiat to pay bills. Directly using crypto for payment is considered illegal. In many other countries, people can access crypto payment methods, but in essence, their crypto is sold through a third-party service for fiat and then paid with fiat, the seller will receive fiat instead of crypto.

USDT Forum / Re: USDT is The Most Stable Coin?

« on: May 23, 2024, 09:48:30 PM »

Quote from: NikeFit_7777 on May 22, 2024, 08:18:22 AM

Tether printed 1,000,000,000,000,000 USDT.

P.S. It's the same as always. Today Tether blocks someone's funds, tomorrow Tether campaign prints (without confirming) millions of dollars. I wonder how long this will continue? I wonder if everything is so transparent. As always, lots of questions = few answers.

Transaction Reference: https://whale-alert.io/transaction/ethereum/0x85de37e425735a04fdea90335fc054ada5b491c2a021755d175731261807282c

Tether has improved its proof of reserves, and we can tentatively believe that Tether has enough assets to back up all USDT on the market. Although we are skeptical, we cannot verify it ourselves. We should focus on our own investment to obtain the greatest profit in the bullrun.

I personally feel more confident about the future growth of the crypto market when Tether and Circle continue to mint more stablecoins because it means that the crypto market has more motivation and liquidity to operate and develop. Honestly, in the past 1-2 years, I am no longer worried about the risk of Tether's collapse because Tether has become an important part of the crypto market and the US economy as Tether is now one of the top 20 holders of the US Treasury.

Crypto Wallets / Re: Are you using Hardware Wallets?

« on: May 23, 2024, 09:31:07 PM »

Quote from: Daiana on May 14, 2024, 12:50:27 AM

I do not use hardware wallets, for now I don't have that many coins and it just seems too hard. I am so used to having everything online but if I ever get a bigger portfolio I might consider getting it!

I think many investors in this market are in the same situation as you, and so am I. We understand that hardware wallets are really good and are the safest option to protect crypto assets, but we temporarily do not have too many crypto assets and want to make the most of every $ for investment to maximize profits in the bullrun.

There are many good measures that we can take to protect our crypto assets: using a personal internet network, using Apple products or the Linux OS on a PC to limit the risk of being attacked by hackers. I hope that this bullrun will bring us great profits, enough to make us need and be able to own hardware wallets ^^

Decentralized Exchanges (DEX) / Re: Diving into DEXs: Fueling DeFi on Hedera Hashgraph

« on: May 23, 2024, 09:17:44 PM »

Quote from: SonofOlympus on May 22, 2024, 11:03:08 PM

I've always liked platform and exchange tokens because they usually reflect how well the platform is doing through it's price and at the same time, we will be able to predict which one will be profitable though the platform's actions.

That brings me to SAUCE. It's a DEX exchange token and although I've said it on here that I prefer CEXs to DEXs, it doesn't mean I don't watch out for good tokens, lol. Still the exchange is a pretty interesting one on the Hedera network, it has low fees at less than $0.01 USD per transaction, it also has pretty fast transaction speeds of between 3-5 seconds (says the article I read) and it's token, SAUCE, is used for governance and hopefully staking but I didn't see anything about that yet.

If you guys have more information or thoughts about SAUCE or any other interesting projects you are watching out for, share them.

I used to really love Hedera in the bullrun 2021, but unfortunately HBAR has not been able to recover as strongly in 2023 as SOL or AVAX tokens, so I have not taken the time to learn about the development of the Hedera ecosystem. It was thanks to you that I know SaucerSwap DEX, but I have no intention of creating an account and experiencing the power of Hedera. I am only interested in HBAR and SAUCE tokens.

In contrast to the sluggishness of the HBAR token price, the SAUCE token price has recovered quite impressively. I hope that DeFi can make the Hedera ecosystem more vibrant, with more projects and users, and generate more profits this bullrun. It would be a real shame if a project with such potential as Hedera were to disappear from the crypto market.

Coinmarketcap: SaucerSwap

Crypto Exchanges / Re: Anyone worried about Binance losing its online presence in CZ's absence?

« on: May 23, 2024, 09:03:33 PM »

Quote from: Joseph Lee on May 21, 2024, 10:13:44 PM

It's been a few months since CZ left Binance. I recently read a tweet talking about how Binance's online presence hasn't been the same ever since. Heck, most people don't even know the new CEO's name, which isn't good for a company that big. As much as I think a single person doesn't "make" the entire company, this has taught me a lot.

I'm also starting to see why Bitget chose to promote Gracy Chen to CEO today after so long. Or why Justin Sun still remains the face of several companies after all this time. Just like Justin, Gracy is a person who commands a lot of presence online and knows how to keep users excited about any new innovations. If anything, I guess this teaches us about the importance of having a smart, but exciting face as the representative of any company. We can only hope she keeps up this pace continues to grow. Also, that somehow, we get to see the CZ vibe again sometime in the near future.

Well, to be honest, I would feel better if Binance continued to be led by a smart and well-known person like CZ. At the moment, we do not see Binance's leadership in the global crypto wave, instead, the focus is on large WallStreet companies like BlackRock, Fidelity, MicroStrategy... We have more IEOs on Binance but those projects cannot create a new trend in the market, their tokens are also heavily manipulated, overpriced, are falling sharply and causing temporary losses for many investors. Binance is missing something to be able to grow strong and regain market share from other CEXs. I hope that CZ will soon return and can become an advisor to the Binance ecosystem.

I rarely care about other CEXs and their CEO, I don't believe that anyone can quickly replace the position that Sam and CZ left behind. Currently, the most famous CEX CEO is probably Brian Armstrong of Coinbase, but he is not the 2nd Sam nor CZ ^^

NFTs & Collectibles / Re: emanuele dascanio ordinals nft

« on: May 23, 2024, 08:29:17 PM »

Quote from: babo on May 20, 2024, 01:57:01 PM

Hi guys, I don't want to sell it but I want to show you what I got
my first ever NFT ordinals, done very well by a very famous artist (I recommend you look it up on google or wikipedia)

I must say that I am satisfied, what do you think?

If this is your favorite artist, you don't need any more reasons to mint or hold this NFT on the Bitcoin blockchain. At the same time, other people's opinions are no longer too important, this is your hobby, as long as you are satisfied, everything is fine. I think it's really cool ^^

I don't like Inscription on the Bitcoin blockchain because it increases transaction fees, but the Bitcoin blockchain is for everyone, everyone has the right to use it. I hope that Inscription on Bitcoin will have more greater value in the future, such as storing information related to intellectual property rights or peace treaties.

Cryptocurrency Trading / Re: Do professional traders lose money?

« on: May 23, 2024, 08:15:28 PM »

Quote from: armanda90 on May 23, 2024, 07:58:57 PM

Current market condition of cryptocurrency difficult for predicting and I don't sure with professional trader never loss or out from their predicting with bitcoin or altcoin price. I think indeed have reach professional label in trader always have experience loss their money but smart with money management in trading by using stop loss when outside of prediction.
I think professional trader understand well when market controlling by whales with price suddenly down or pump and they will use stop loss if price of bitcoin or altcoin decreasing drastically.
Just smart way with professional trader and did right moment without doubt to stop loss after out controlling of market condition, they will get faster recovery after getting loss.

I believe that the easiest way to distinguish a professional investor from an amateur is that they know how to manage their investments wisely. They don't try to beat the market, they use the simplest technical analysis and trading methods, they often make wrong decisions but have small losses, they have few right decisions but have large profits. In the long run, we see their balance grow steadily and trading becomes their profession.

What impresses me most about them is that they can effectively manage their emotions and psychology, not letting greed or fear of missing out influence their decisions. They may have losses in the short term but will still have profits in the long term thanks to their experience and high discipline.

Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?

« on: May 23, 2024, 08:01:35 PM »

Quote from: Aanuoluwatofunmi on May 21, 2024, 06:51:25 PM

I will advise here that investing in cryptocurrency is never a bad idea or wrong one, we have only discovered that many of the financial advisory do give caution that investment were meant to be spread across and not to a single asset, if we have Bitcoin, altcoins, then we can also diversify by making additional investments on other assets in other not to have them all on the same place

Yeah, I agree with this point of view. Crypto is just one of the potential financial markets that we can participate in to seek profit, it is not the only or best investment opportunity. In addition, the crypto market is very volatile, along with high profits is a large loss if investors do not have the ability to manage their accounts well. Similar to diversifying risk by investing in both BTC and ALTS or using personal accounts and CEXs, I always support asset diversification: stocks, real estate, precious metals, cash and crypto.

I do not believe that crypto will disappear quickly in the future, but a major adjustment can come at any time, even bringing the market back to the Stone Age

We cannot know the future and we do not have the power to change the future, we can only manage our own portfolio at the present!

Cộng đồng Bitcoin / Re: Michael Saylor: Phố Wall và Quốc hội Hoa Kỳ “muốn Bitcoin”

« on: May 23, 2024, 07:47:34 PM »

Quote from: Trongduy on May 23, 2024, 03:21:53 PM

Em không nghĩ rằng điều này mạnh mẽ như vậy, hiện tại crypto đang hot trong vận động bầu cử, nhưng sau khi bầu cử kết thúc, mọi thứ có thể sẽ không còn phát triển nhanh như hiện tại nữa khi nhu cầu về sự thận trọng trong chính sách sẽ được ưu tiên hơn là những phát ngôn xây dựng lòng tin của cử tri. Ít nhất chúng ta cũng sẽ có khoảng nửa năm chứng kiến sự tăng tiến của quá trình hợp thức hóa crypto cho thị trương đầu tư và nền tài chính. Trong điều kiện tốt nhất, chúng ta có thể thấy hàng loạt đạo luật quan trọng được thông qua trong Q3 này, đó sẽ là chiến thắng quan trọng cho thị trường đi vào uptrend.

Hiện tại, chính xác là hai bên đảng đều muốn lên tiếng ủng hộ BTC vì điều này có thể thu về sự ủng hộ và lá phiếu bầu cử trong năm nay. Ngoài ra, phố Wall muốn BTC vì BTC có thể mang lại lợi nhuận khổng lồ cho họ từ sự tăng giá của BTC và phí quản lý tài sản. Họ không phải là những tín đồ của tài chính phi tập trung, họ hoạt động trên thị trường chứng khoán chứ không phải là crypto, họ chỉ tìm kiếm cơ hội và BTC Spot ETF là công cụ mà họ cần để tiếp cận với BTC và lợi nhuận từ BTC.

Sau năm nay, mọi thứ sẽ rất khác, chúng ta sẽ thấy những biến động cực kỳ lớn với thị trường này. Mình đã không còn nghi ngờ về việc crypto sẽ sớm được chấp nhận rộng rãi và quản lý nghiêm chỉnh tại Hoa Kỳ. Đây sẽ là điều kiện để crypto phát triển mạnh mẽ hơn, những công ty và đội ngũ phát triển dự án sẽ sớm có thể tuân thủ để hoạt động hợp pháp ở Hoa Kỳ.