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Cryptocurrency discussions / Re: What challenges do cryptocurrencies face in achieving mainstream adoption?

« Last post by Dr.Bitcoin_Strange on Today at 06:06:33 PM »

The problem of Scalability can also be outlined to be one of the major problems hindering crypto currencies from obtaining mainstream or mass adoption, especially for crypto currencies like Bitcoin. Let's assume the Bitcoin network is built to process at least a maximum of about 7 transactions per second.

If Bitcoin manages to gain mass adoptions, it's certain that the system will be overloaded and overcrowded because 7 TPS is relatively lower than the number of TPSs used by the traditional payment systems.

So this could result to several problems, because it means that the demand for Bitcoin transactions would drastically increase, leading to congestion, which means that it'll take longer to process a single tramsaction and the fees required for a single tramsaction would also be very high.

Cryptocurrency Trading / Re: Do not sell, Just HODL (v2)

« Last post by MrSpasybo on Today at 06:05:50 PM »

Quote from: Fivestar4everMVP on April 15, 2024, 09:51:03 PM

The above and many more are catalyst that should be driving the entire market up, but here, the reverse is the case, instead of the market pumping hard, it rather is dumping, bitcoin is currently between $62k and $63k from its initial $66k it was earlier today, eth also dumping, what exactly is going on?

And of course this is not a financial advice, we are all free to do with out bags as we please.
But if actually you are not selling but buying, then let's talk, I did love to know what you are buying, (if you don't mind sharing of course 😁).

I think this correction is normal for several reasons:

1. The Halving and the potential for the FED to lower interest rates have been priced into the market, and the Halving could be a sell-the-news event, when investors want to take profits.

2. The uncertainty about the approval of ETH Spot ETFs in May as the SEC is investigating Ethereum.

3. The continuous and unsustainable rise of BTC price for over a year, a correction and re-accumulation is necessary for the market to enter a bullrun in a strong way.

I have not sold any crypto assets in my portfolio, my choice is to continue accumulating BTC and top ALTS. It cannot be said that I am happy that the market is entering a correction phase, I always want to see prices rise, but a correction is necessary for us to have a longer bullrun and a bigger altseason in 2025.

Cryptocurrency discussions / Re: How Profitability are AI Crypto Projects for Investors

« Last post by AvatarSiri on Today at 06:05:27 PM »

Quote from: BattleAxe1 on Today at 02:24:22 PM

Quote from: pacar_tiri on April 10, 2024, 07:57:31 PM
Quote from: Gyrgen on April 10, 2024, 12:11:48 AM
And this happened because the Western world relied on it. And the US GDP growth was shown due to two AI companies. In order to get out of the crisis that is going on, for some reason they decided that AI will help overcome this since this is the basis of the 3rd technical revolution .As usual, there are 2 opposing opinions on this matter and, accordingly, the prospects for the growth of AI-related tokens directly depend on which path the Western world chooses.
In my opinion, tokens that are created entirely with the help of AI are the bad side that token creators have developed to make a lot of money easily. Basically, not all AI can run alone. Sometimes AI still needs our help to stay on the path we want. Hopefully developers out there will not be completely dependent on AI alone. We will be given fresh brains to thinking and not be used to depending on AI.

When we say AI tokens doesn't mean that the token was created solely and entirely by AI. I think we are mixing things up here. Like ChatAI token I used as an example in the initial post which has been added to POOLX where you can stake USDT or BGB to earn the CHATAI token, the system behind the development integrate various platforms and systems, such as websites, messaging apps, social media platforms, and enterprise software, to provide seamless communication experiences. So AI token is how it is developed differently than the traditional crypto token

I've been noticing many AI tokens lately, with my latest observation being NAO, the native asset of nettensor. Nettensor is an aggregated and modular blockchain solution with the versatility to handle various tasks. Interestingly, I'm also accumulating some POOLx.

Gambling discussion / Re: Gambling: for fun or to earn money?

« Last post by bounceback on Today at 06:04:35 PM »

Quote from: KingsDen on Today at 12:37:25 AM

When I started gambling, I was more concerned about making money out it instead of the fun of the game and ended up as gambling addict which made me lose a lot of money. Gambling with the sole aim of earning money from it I think is one of the easiest ways to become a gambling addict and that's why I'll advise any gambler out there to only engage in gambling when you want to do it for fun so you can be able to control your emotions.

Personally, all gambler have decision to earn money with gambling and less of them make gambling for fun, but I don't know will easily controlling an emotion when gambling to earn money or easily face difficult position when gambling for have fun only. I don't too excited with gambling promising to earn much money and get winning some time seems its bonuses but I don't too all out for gambling because too risk and the ration winning rate under 10% than your loss ratio over 90%.
But difficult to realize some one have been addict with gambling its less opportunity to earn money with gambling, most of their account full history with deposit and less withdrawal.

Tin tức tiền điện tử / Re: BlackRock phá kỷ lục 10,5 nghìn tỷ USD tài sản được quản lý trong Q1/2024

« Last post by Trongduy on Today at 06:02:39 PM »

Quote from: MrSpasybo on April 15, 2024, 08:42:10 PM

Khi BlackRock tham gia vào BTC Spot ETF & RWA thì sự phát triển của BlackRock đã được xem là quan trọng cho sự phát triển của thị trường crypto, điều này có vẻ đang lạc quan quá mức, dù đúng là dòng vốn mới vào IBIT là quan trọng để hấp thu được hết lực bán mạnh của GrayScale. Mình không quá lạc quan về mối liên hệ này, BlackRock tham gia mạnh hơn cũng chính là tìm kiếm lợi nhuận lớn hơn, cá voi có thêm tiền để thao túng và nhiều nhà đầu tư nhỏ lẻ sẽ thua lỗ hơn, đó là bản chất của thị trường tài chính. Chúng ta cứ theo dõi sự phát triển của BlackRock, nhưng nên tập trung vào sự tăng trưởng của IBIT bên BTC ETFs và BUILD ở RWA, vậy là đủ rồi, không nên để tổng giá trị tài sản hơn $10T của BlackRock làm nhiễu quá trình phân tích.

Cứ là công ty lớn tham gia thị trường crypto thì chúng ta cứ tranh thủ mà tận dụng danh tiếng của họ thôi bác. Em cũng thấy tác động của những tin tức này không thực sự có giá trị cho BTC hay crypto nhưng xét từ khía cạnh truyền thông thì hữu ích. Hiện tại các quỹ ETFs không còn mua nhiều BTC nữa, mấy ngày nay có dòng tiền là 0, chỉ còn BlackRock hấp thụ lự bán từ GrayScale mà thôi.

Bây giờ cứ có tin tốt liên quan BlackRock là mặc định được chuyển sang tác động đến crypto, em ủng hộ sự tăng trưởng của thị trường nên cũng thích theo dõi những tin thế này. Em nghĩ những nhà đầu tư crypto khác cũng như vậy, FOMO sẽ dễ được hình thành hơn.

Gambling discussion / Re: Do online casinos ever refuse to pay winnings?

« Last post by joniboini on Today at 06:02:05 PM »

Quote from: bitbit97 on Today at 02:48:45 PM

In the casino this bet was in a status unsettled for weeks, until I wrote to the support. I dont know how casinos usually solve such issues, but that game got status as Loss, while I thought that casino would return my bet back to balance. Can this be considered as "refuse to pay?" Since it was a freebet, I did not pay much attention to it and to possible funds lost.

Maybe we can check the terms of that bet if that is still available. I believe if it was not a free bet you'd be angry, and even if you still lose in the end they should not default a problematic bet as a loss IMO. I don't think they necessarily refuse to pay if you win, but they probably try to minimize any abuse whenever some trouble occurs, but not in the best way possible. CMIIW.

I remember reading other cases where casinos refused to pay because the users used VPN. It breaches their ToS, however, it feels odd that they wait until the users win a lot of bets to ban the account. Either they intentionally let some players keep playing even if they know VPN was used, or their security system only gets triggered if there's a big win. Who knows.

Bitcoin Forum / Re: Stay away from crypto ponzis!

« Last post by Aanuoluwatofunmi on Today at 06:01:01 PM »

Quote from: Findingnemo on Today at 09:11:54 AM

Whenever the market is being bullish you can see lot of investment schemes to invest your cryptos which claims to provide unrealistic returns.

Crypto itself and investment and 99.9% of the time when someone ask you invest money like send money to an address and you will get 10% everyday or there are extreme cases who convince you that you will double the money you send instantly are obvious scams.

I am creating this thread after seeing an Instagram post that claimed exactly what I said above. Please be aware and stay away from scammers.

Most of the people being scammed allowed for such when they express their greediness towards an offer because of high pay involved, we cannot deceive ourself on what is not it and expect it to become it, anything that looks too real to be true should not take chance on us and we should as well avoid making haste decision without making research at first with gambling, this is how we should expect for such.

General Discussion / Re: Signature campaigns & forum earning discussion thread.

« Last post by Don Pedro Dinero on Today at 05:58:39 PM »

Quote from: Jokers on Today at 07:10:12 AM

It's more likely that the payrates will depend on activity on the forum and its traffic for long time, more than on which campaign is starting here. Even if they want to get some certain posters purposefully the overall forum activity impacts a lot. So those who are still without a sig and who want to get some in the future still can try to make some positive contributions so that the projects wanted to start more campaigns here.

Yes, well, but the way I see it, if that campaign were to come here and some of its members were to teleport too, it could only be positive for the forum, as they are generally members who write of a high quality. It would be another small step to further increase the quality and traffic, which can snowball, in a positive sense, and make more companies think about advertising here. So I think it would help to improve the overall performance of the forum, even if it's just one more boost.

Bitcoin Services & Altcoins Services / Re: [OPEN] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign

« Last post by AGM on Today at 05:56:17 PM »

Username: AGM
BTC SegWit Address: bc1qj7ca4e98sqw8c4pxyv2rgu8fx59qvnv6w2vxsg

Nigerian Languages / Re: World bank says Nigeria’s 2024 inflation rate will drop to 24.8 per cent

« Last post by Agbe on Today at 05:52:56 PM »

Quote from: Sim_card on Today at 04:15:23 PM

Quote from: Charles-Tim on Today at 11:16:40 AM
Quote from: Agbe on Today at 10:41:36 AM
As it is the former Governor of Kaduna state is accusing the president now that, he is paying fuel subsidy secretly. And fuel is still high. How?
I do not know if the federal government are still paying for fuel subsidy, but it can be true. If you notice that as inflation increase in Nigeria, PMS price did not increase. It is possible that the price has actually increase but the government start paying the subsidy again. But some refineries are working in Nigeria now which may be the reason the price of PMS is not increasing as the local supply increases. According to the news I read last month, marketers said if the refinery in Port Harcourt is fully functional, that it is possible that the price of PMS may reduce. Although, I do not know how true this would be.

PH refinery: Marketers eye fuel price reduction, ready to load
Yes Rufai claims that the FG has spent over 8 billion Naira on fuel subsidy, and that is why we are buying petrol at the price of 670, that if not petrol would have be as expensive as diesel. I am shocked to hear this, because I thought that subsidy on petrol have been removed by the new administration in May 29th.

You can read it here https://www.vanguardngr.com/2024/04/fg-still-subsidising-petrol-in-trillions-of-naira-el-rufai/