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Messages - TomPluz

Pages: [1] 2 3 ... 287
1
The first thing to be considered is about the security. We mustn't stake on the random platforms. Then, I will consider the profits. I will focus on calculating how much the profits to get from the stacking. If it is not really profitable, I prefer to store my coins on the wallets only.

That's right...one should make security the top priority as there can be no use if one is promised astronomical rate of returns only to later realize that the whole thing is just another scam. We have to remember that there are so many fraud platforms these days offering very high returns but will eventually die because they are actually operating a Ponzi-like schemes. Reputation for me is paramount plus one has to look at the experiences of other people who staked beforehand to make sure that the staking program is legit and not a fraud. Otherwise, one should just HODL and store the coins or tokens safely though there is no denying staking is a very attractive proposition as it means one's money working even if the owner is sleeping...a great passive income.








2


Currently, I am using Windows OS for my laptop as it is for me the most handy and one that came with my laptop for free therefore I am more exposed to it and since I am technically-challenged guy it would be difficult for me to shift to other less popular OS as they can come with some learning curve necessary to utilize them properly. However, I am not using any wallet on my desktop because I prefer apps-based and browser-based ones. Now, with security in mind, am I safe or can there be things I need to do to make myself and my small digital assets be hidden from thieves online?

3


Read more of this story here.
Quote
A diminutive Japanese dog who became the face of Dogecoin has died.

Kabosu, who inspired the viral Doge meme and became the face of the satirical cryptocurrency championed by Elon Musk, passed away on Friday at the age of 18, her owner said.

The Shiba Inu had been seriously ill with liver disease and leukemia since 2022.

"To all of you who loved Kabosu — on the morning of the 24th of May, Kabosu crossed the rainbow bridge," Kabosu's owner, Atsuko Sato, wrote on Instagram.



I am sure that the story and journey of Dogecoin would never be more colorful, exciting and enigmatic without the character of Kabosu, the Shiba Inu, who has been the face of Dogecoin since we can remember. Now, would this be an omen for Dogecoin of a lot better to come or do you think this can signal of something gloomy for its future? At any rate, I am sure we owe this famous dog some good level of gratitude and appreciation and may its "soul" rest in peace in dog's heaven...


4
Solana Forum / Will Solana be next with a spot SOL ETF?
« on: Today at 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.

Quote
Alongside the potential spot ETH ETF approval and how regulators will likely make a decision about it on May 23, 2024, another exchange-traded fund that's gained traction in the crypto community is a spot SOL ETF. Like its spot Bitcoin counterpart, crypto traders are speculating about the bullish possibility of TradFi traders gaining exposure to altcoins like Solana through a spot Solana ETF.

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?








5
Economics , Sociology & Politics / Re: BRICS+
« on: Today at 06:29:45 AM »
As it stands, the major takeaway is that the Unit should be seen as a feasible, technical solution for the theoretically unsolvable: a globally-recognized payment/trade system, immune to political pressure.

How will BRICS+ be able to make its currency immune from political pressure would be something good to watch or are we referring here political pressures from USA and not within its own membership? One of the biggest problem that Euro faced with its integration in the Eurozone is that they all have different economies with so diverse of features and getting a uniform value produced many problems that are still being ironed out even today so I think the idea of making the new BRICS+ currency be independent away from each member's economy can be a good start. I can see that the main ambition of BRICS+ is to eventually replaced the US Dollar as the default international currency reserve to get away from the hegemony and control of USA. For sure, once that happen the value of dollar will plummet and can be one of the many reasons for its economic collapse...now how will the fall of US economy be affecting other countries would be one thing worth watching.





6
Taken from Watcher Guru.
Quote
At the start of the year, Bitcoin received the inaugural crypto-based ETF in the United States. Shortly after, all eyes were directed to what asset could receive the next approval. Now, that question seems to be answered, with the SEC likely to approve Ether’s iteration of the investment product.

The arrival of a Spot Ethereum ETF should have a profound impact on the market overall. Indeed, Bitcoin and Ethereum are both projected to reach all-time highs following the product’s arrival, according to Standard Chartered Bank.





I think we are officially entering a very exciting phase for the cryptocurrency industry as we now have ETFs approved by SEC for Bitcoin and now Ethereum. With ETFs, we can expect institutional investors to be coming in for both digital assets and this big movement will have a direct impact on the prices of both digital assets. We witnessed the strong influence of ETFs for Bitcoin and I am expecting that there will be the same for Ethereum also. So do you think that Bitcoin and Ethereum will be recording new ATHs this week or do you think the timeframe is a little tight?







7
Economics , Sociology & Politics / Re: Food Shortage
« on: Today at 05:43:00 AM »
A bit of history: in the 50s and 60s of the last century, the challenge was to feed a growing population. And not expensively and with the main products. One of the most popular products was and still is wheat and bread. Wheat has two disadvantages - a long and not very strong stem, and not the highest yield. There is a problem to be solved. The problem was solved by genetically modifying (yes yes yes yes - GMOs have been in the world economy for a long time ! :) ). Of course, we chose plants with similar "characteristics". The choice fell on some varieties ... rice. Very strong stem, very high yield. So we decided. And we got most modern wheat varieties - with a stable stem, and high yields. Problem solved ?! Yes. But... as always, there were nuances. The rice that was supposed to help the wheat had a higher percentage of starch (gluten). So what do you say. Well, yes, but, again, it's the component of food that leads to obesity, type 2 diabetes and a whole host of other diseases. But at least everybody's full.

As I have already said many times - it is necessary to stop just "feeding" many countries, and the money that is allocated for the purchase of food and is significantly plundered by managers of the UN, the Red Cross, and local politicians, should be invested in investments in agriculture in countries where the population is hungry. Let them grow their own crops, harvest their own crops, process their own crops - this will help develop agriculture, create jobs and better control over financial aid, as well as the ability to sell produce, which will only benefit those countries.

As can be gleamed in the history of man on this planet, we usually produce a solution for a problem but can be creating another problem along the way. Essentially, this is the history of the "good and evil"...something good may have something "evil" attached to it. Countries are spending billions of money as aid for developing countries for the past many decades and sadly the problem of poverty and hunger still persist...therefore we can say that the solutions provided may not really be appropriate, sustainable and yes in many cases have not reached the intended beneficiaries. We need to have a big paradigm shift...we need to change the strategy and it must include empowering these people to be able to produce their foods and yes even be selling producers themselves. Right now, there are already available technologies that can help people farm their land the right way and it is a matter of educating the stakeholders so they took the burden of being the very captain of their destiny.










8
Ethereum Forum / Re: ethereum etf approved just now
« on: Today at 05:29:41 AM »

Breaking news for all of us in the cryptocurrency market...as finally SEC approved the Spot Ethereum ETFs which is this year's second biggest news after the approval of its Bitcoin counterpart months ago. Surely, this is going to be a very exciting development and one that is being embraced by the industry most especially those who are into Ethereum. And the market is reacting as the price of ETH is now at $3,800 and can possibly go more towards $5000 in the coming weeks. Many people are not actually expecting this another windfall for the industry as SEC seems to be adamant in its stance on cryptocurrency and this can even be a little bit surprising.

9
Binance / Re: GRASS listing?
« on: May 23, 2024, 05:08:44 AM »
What do you mean by this GRASS? https://app.getgrass.io/

This airdrop is still running at Epoch 4 until May 10 but who knows how many Epochs they will run, so this airdrop is quite long.

Yes, hopefully hopefully later it can be listed on Binance.

Almost all projects are dreaming to be listed in Binance which is considered as the best and the premium cryptocurrency exchange there can be in our industry. And that is why many area looking at the opportunity to apply with the exchange but only a very few will finally be accepted. I am also mining GRASS with my smartphone and I will be so happy if soon it can be a part of the Binance ecosystem, though this is just the icing i the cake, so getting listed in other exchanges can also be fine with me. I can feel that there is still a long way to go for GRASS to finally be valuable in the market so let's just continue on mining and hoping for the best.





10

As the famous founder and face of Binance, we know that Binance is CZ and CZ is Binance. Binance will never be what it is now without the creative mind, sacrifices and hard work by CZ and the crypto market loves him for it, except for the critics, of course. Now, circumstances pushed CZ to officially leave the leadership of Binance to somebody else most especially that he will be serving his time somewhere. I think there are really people who prefer that there should be an active face of a certain platform and certainly CZ is a big shoe to fill in with the new CEO. All CEOs got different style of managing and there are those who prefer to be out of the limelight and this can be strategy preferred by Richard Teng, a relatively unknown figure in the world of cryptocurrency. I am not sure though if he would be making his presence felt by the market or he just hate the limelight and would like to avoid controversies especially with what happened to CZ. At any rate, I think Binance is doing just fine under the new CEO so I don't see the need to be concerned.






11


This is a very important study analyzing the impact of cryptocurrency investing into other areas most notably real estate and spending. Even before this study came out in the open, we in the cryptocurrency industry are all aware of this great correlation and personally I have seen this impact with many of the people I know even online. So there is no ground with the assumption that cryptocurrency is worthless and should not be allowed in a country's financial system to be integrated. All those countries and their governments who are so control freak and are not allowing cryptocurrency to bloom in their backyards should read this study once and for all.

12
Its definitely a good day but I do get a chuckle every time people say "he must regret it", dude not only has more, but the bitcoins he has left, increased in value thanks to his transaction as well.

I always read that kind of shortsighted reaction to the pizza transaction which amounted to 10,000 BTC which is currently worth $693,000,000 paid by now famous Laszlo Hanyecz for two boxes of Papa Johns pizzas. Now, while many of us would surely regret what happened, I think we should always remember that this was actually a landmark transaction, the first one where Bitcoin was used to buy something. And that is why we have the Bitcoin Pizza Day today to commemorate such a pivotal event in Bitcoin's colorful history. Instead of felling some regret, we should instead celebrate maybe by also buying a box of pizza and if possible using our BTC wallet.


13
Their goal is rather important, especially after Tornado Cash developer got jailed recently. I'm not very familiar with BPI though, but it seems they previously only focused on research. Your opinion is greatly appreciated.

This move must be supported by the whole cryptocurrency community as it seems to me that a big war on non-custodial platforms is being waged by SEC and other regulatory bodies of the government. This has to stop and we need to have a united and strong voice against this obviously overreach onslaught. And since this movement needs money and resources to make the goal be successful, I am happy that  Bitcoin Policy Institute is making this pivotal initiative which can go a long, long way to protect platforms from our enemies...and help them understand better why non-custodial is very important to all people into cryptocurrency...without it there is actually less value and less reason why we continue to get involved.




15
Wow! That is all I can say with this accidental transaction that is not surely reversible so the BTC is already considered as gone, though the transaction is now part of BTC history for many generations to ponder on. One thing for sure it would be difficult for many of us to fathom why this mistake happened - assuming that it was an accidental mistake - since am sure the sender is not anymore new to the world of cryptocurrency. This latest transfer of 0.10754671 BTC, valued at $7,211 at current price is just peanut to the previous  transfer of 26.917 BTC which is worth a staggering $1.8 million. All of these transactions can left anyone wondering what really happened there...is this intentional or something different can be behind these transactions?

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