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Messages - MrSpasybo

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1
This need may arise completely suddenly, so it makes sense to be familiar with the tools in advance that allow you to gain this anonymity. Or rather, return it. After all, anonymity in Bitcoin was initially something taken for granted. This was the norm, not a privilege. Nowadays it is almost becoming a luxury, and only tools like MixTum or UniJoin allow you to have it.
In fact, I have been using CEX with full KYC without any problems. I think this will become more common in the future as the crypto market develops, similar to investing on stock exchanges.

My data is stored by CEX and I believe that someone other than CEX members or the police may be able to access it. At the same time, I am not afraid that someone will know how many tokens I have, even if they are only worth a few hundred or a few thousand $. My only concern is that I could be involved in "dirty" money: BTC from hacks or data breaches and terrorist financing. I use MixTum and a few other Mixers only to ensure the security of my CEX account against this risk.

2
Binance Coin (BNB) / Re: How strong is the Binance coin?
« on: Today at 12:35:03 AM »
Binance exchange will always support BNB coin, and this is normal. They always have events that use BNB coin. Not only does Binance almost all exchanges have their own coins, they also won't let their coins fall and not sell. BNB is one of the coins that I hold, apart from bitcoin and ethereum as my main coins for long-term holding
Yes, we should emphasize that the BNB token has been strategically chosen by Binance for acceptance and to organize numerous events that incentivize users to buy, hold, and stake it. We should avoid claiming that Binance manipulates the BNB price. There is no evidence to support this claim, and Binance is actively working to make the BNB token independent of Binance CEX.

Ranked among the top 5 crypto by marketcap on CoinMarketCap, BNB offers peace of mind as an investment, backed by the world's largest CEX and the vibrant BNB chain ecosystem. I am confident that the BNB token will not disappoint investors during this bullrun.

3
Lately the memecoin project has indeed exploded quite a lot and even every second there is always a new memecoin on every network, especially on the SOLANA and BASE networks which are now still memecoin hype.

There are many variants of memecoin that cannot be controlled, anyone can make and market their memecoin, whether it has to use their own name or another name that is a bit similar to the top memecoin projects.

But it's okay, it all depends on who buys, if it's hype and gives profits to the initial holder it will be quite successful, but the risk of losing is also great.
Memes are created for fun, and so are memecoins. I often follow the memecoin craze with a rather relaxed mood, especially when reading news about young millionaires because they invested in memecoins. I used to invest in memecoins, but now I only focus on BTC and top ALTS, I will only invest in memecoins with a few $ after taking profits on BTC and ALTS in 2025.

I think we cannot stop the development of memecoins and their many variations. They are just cheap tricks to attract investors and the team behind them will soon disappear with millions of $. We should only control our greed and avoid losing money in such memecoin projects. Money should be invested in the most promising projects in the market: Ethereum, Solana, BNB chain, Aptos, Sui, Sei...

4
I can understand the motives for staking when the market is falling or there are no indicators that Bitcoin may increase, but I see an increasing interest in staking stablecoin, as with a quick search on social media or asking some of my trader friends, I was surprised that some of them are staking large amounts while the market is rising and can earns more by buying Bitcoin.
Stablecoin - the name itself speaks to their value: stable, meaning that investors can rest assured that their assets will be protected and will not evaporate in a market downturn. This is one of the most important needs of investors, which means they often hold a portion of their assets in stablecoins instead of other tokens.

According to your logic: in bullrun, BTC and ALTS will increase in price and generate more profits than the APR of stablecoin staking. However, not all tokens will increase in price and be more profitable than holding stablecoins. We hear that 90-95% of investors lose money, only 5-10% make a profit in the crypto market, so just holding stablecoins and staking is an easy way for investors to make a profit. In addition, in bullrun, the APR for stablecoins staking is also quite high, it can be up to over 10% and is really attractive. Ultimately, every choice depends on the investor's risk appetite.

My friends buy and hold USDT not to invest, but simply to hedge against the depreciation of local currency against $ and to earn higher interest rates than the bank. They hold USDT and stake USDT.

5
The reduction of assets in reserves of the exchange by 20-33 percent for such a short period is, to put it mildly, a very alarming signal, considering that there are only accusations from the U.S. regulators. I am even wondering what will happen to the exchange and whether it will work at all after the final decision of the court.
I used KuCoin in the past and liked their quick token listings. There were many tokens that I had to trade on KuCoin instead of Binance. However, since 2022, I have chosen Binance to make it easier to manage my portfolio.

If I were still a KuCoin user, I would also tend to withdraw my assets to a personal address or another CEX instead of accepting the risks associated with KuCoin's future. I'm afraid that in the worst case scenario, all of KuCoin's assets will be frozen and users will have to wait to be compensated like in the FTX collapse.

I hope that the KuCoin team will be able to resolve this lawsuit and that KuCoin will continue to exist to serve users. After all, KuCoin is one of the most reputable CEXs and has a daily trading volume of nearly $750M. Its collapse could have a negative impact on the bullrun, and I don't hope for that.

6
This is a really good advise. Will focus more on my skills improve. But I should share it here. Maybe more experienced traders could benefit..(Google search Trade to win the LV bag, Rolex andTesla model S) to know more..
First of all, my advice for all traders is to hone their trading skills and emotional management.

Regarding the trading competition, you may be referring to Bitget's event. As I can see, the competition's requirements are not related to profit but only to trading volume in Future trading, typically millions of USDT. I do not participate in Future trading and do not know specifically how to calculate trading volume on Bitget. Can we use 1000 USDT and leverage x100 to get a volume of 100K USD? I hope that participants in this competition and other Bitget users will provide more information.

I don't know if you are a new trader, but if you are, do your research and be careful with future trading.


7
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: April 23, 2024, 11:12:36 PM »
Privacy and anonymity are two different things that most of the time we get confused with one another.

Anonymity is good but it will not be allowed by the governments to be used in any form that's why exchanges delisted them so only users has to buy from decentralised marketplace if they want to use it.

Whereas privacy is indeed to maintain by everyone that restricts others from knowing what we are into.
I believe they are related: they both deal with user information, and in some cases this information is respected, while in others it is not. Striking a balance between anonymity/privacy and convenience has always been a challenge in the crypto market. If anonymity is a priority, DEXs are a better choice than CEXs. Conversely, users will choose CEXs if they prioritize convenience, good liquidity, and a wide range of trading pairs.

Governments will always demand as much transparency as possible in the financial market in order to easily control and prevent illegal activities. We must accept this for crypto to have a legal existence and become more valuable in the economy.

In the past, before DEXs became popular, I missed out on many profit-taking opportunities just because I didn't want to go through KYC on CEX. I thought I would just hold my crypto and become rich when all the tokens in my account would be worth as much as ETH. Reality is not rosy, most of the tokens in my account have become worthless, and I have missed out on the opportunity to earn thousands of $.

8
Em thì lại nghĩ trường hợp của Hongkong là 1 thử nghiệm của Trung Quốc để không bị Mỹ bỏ lại phía sau trong cuộc đua Tiền điện tử. Sau sự kiện cấm đào năm 2021 thì rất nhiều công ty đã chuyển sang các quốc gia khác có điều kiện thuận lợi hơn. Rất có thể trong tương lai Trung Quốc sẽ mở cửa cho crypto từ đó thúc đẩy toàn bộ thị trường thế giới.
Mình cũng nghĩ như vậy, và sự tăng trưởng mạnh mẽ gần đây của những quy định và sản phẩm liên quan đến crypto được thông qua nhanh chóng ở Hongkong cho thấy họ đã có kế hoạch từ trước và cũng là được chấp thuận dễ dàng từ phía đại lục. Chính quyền Tàu vẫn kiểm soát mọi thứ ở Hongkong, nếu Tàu không chấp nhận thì Hongkong cũng không dám tự mình chấp nhận crypto và còn đẩy mạnh những dịch vụ mới để bắt kịp xu hướng crypto trên toàn cầu.

Việc Hongkong xử lý vụ lừa đảo này sẽ là một bước tiến cho pháp lý ở Hongkong, từ đó thúc đẩy sự chấp nhận rõ ràng hơn, rộng rãi hơn và có thể ảnh hưởng đến quan điểm về crypto của đại lục.

9
Một trong số đó là tâm lý háo hức chờ đợi Ủy ban Giao dịch và Chứng khoán Hoa Kỳ (SEC) Hoa Kỳ phê duyệt các quỹ Ethereum ETF vào tháng 5. Trong khi một số người tham gia tin chắc rằng việc phê duyệt sẽ xảy ra thì một số người hoài nghi lại nghĩ khác.

“Chúng tôi đã chứng kiến lượng đáng kể BTC rời khỏi sàn giao dịch trước khi quỹ Bitcoin ETF giao ngay được phê duyệt. Tôi không nói điều tương tự đang xảy ra, nhưng chúng ta nên ghi nhớ khả năng này”.
Mình nghĩ việc ETH chảy ra khỏi các sàn giao dịch và được thu gom không phải là nguyên nhân, mà là kết quả của những kỳ vọng vào việc ETH Spot ETFs sẽ được thông qua trong tháng tới. Nói một cách chính xác hơn: họ kỳ vọng rằng sản phẩm này sẽ được chấp thuận và sẽ mang lại sự tăng giá mạnh mẽ cho ETH tương tự như những gì mà BTC Spot ETFs đang mang lại cho giá BTC.

Một lý thuyết khác là ai đó đã biết trước kết quả nên đang tích cực thu gom và tích lũy. Đây gần với thuyết âm mưu và chúng ta không có cách nào kiểm chứng để xác nhận hay loại bỏ. Chúng ta chỉ có thể theo dõi và chờ đợi tin tức từ SEC vào cuối tháng 5.

10
Polkadot Forum / Re: Why polkadot didn’t flaying like BNB!
« on: April 22, 2024, 11:50:13 PM »
The truth is easy to see: BNB is a token supported by Binance, it is easily accessible to millions of Binance users. BNB is also the native token of BSC (or BNB chain at present), the demand for use is huge because the BNB chain ecosystem is really large and vibrant.

Meanwhile, DOT is just a native token of Polkadot, a layer-0 network that has not yet been put into effective operation, and has no need for any use other than auctioning for parachain slots. This makes the price of DOT unable to fluctuate as strongly as BNB, but this is also a good sign because the growth potential of DOT in the next uptrend is huge  8)
I believe the strong recovery of BNB token price is due to the recent Launchpools & Binance Web-3 Wallet campaigns, which have increased user demand to buy and hold BNB. At the same time, Binance's return after resolving legal troubles with the DOJ has also given investors more confidence in Binance's future. As they use Binance and the BNB chain more, the value of the BNB token will be supported, driving up the price in the market.

Web-3 and cross-chain trends have not yet returned, they have not received capital inflows into the market, so tokens like DOT and ATOM have not seen significant growth. However, I believe that these trends are extremely important and irreplaceable in the development of the crypto market. When they return, DOT token will fly like BNB, even stronger and higher than BNB token ^^

11
Binance / Re: Segwit Address expires in Binance?
« on: April 22, 2024, 11:01:58 PM »
Changes to deposit addresses on Exchange are common for several reasons. Therefore, every time you make a deposit, you need to pay attention to the address listed because it could change at any time, whether there is a notification via system message or an open announcement* without a message to each user affected by the address change.

If you are worried that the message is phishing, then do not open any of the links provided there. You just need to check the deposit address on the official Binance website after the expiration date has passed when you want to make a deposit, and don't force a deposit to the old address if there is a change of address.
Yeah, this is just a part of the CEXs' operation and does not create any risks. In case the token is sent to the old address, users can still claim it manually, I have encountered this situation a few times and have not lost my crypto assets.

In case of receiving a notification from the CEX via email, we just need to access the account on the application and check the deposit address again. One more thing to note is that every time we deposit money to the CEX, we need to check the deposit address again to avoid any trouble. When sending a donation/donation address that has long-term value, I think a personal onchain address is more suitable than a deposit address on the CEX.

12
Crypto currency Mining / Re: The future of POW altcoin mining
« on: April 22, 2024, 10:51:33 PM »
I have e known PoW for bitcoin while PoS for altcoins. It is a matter of time and every altcoins will migrate to PoS. It was same with BTC where 50BTC was the reward with a lesser energy and what about it today. Solo miners are no longer profitable. Altcoins cannot withstand this but will soon change protocols to PoS.
I don't think ALTS will switch to POS anytime soon because we still have ETC/ETHW - blockchains that are thriving based on POW. My friends are still mining ETC/ETHW and making a decent profit. Other POW coins are also very popular like DOGE, LTC, XMR - I believe thay they will not switch to POS.

A new POW project called Kaspa has seen an impressive price increase for the KAS token, confirming the strong presence of POW in the crypto market. POS has an energy advantage, but decentralization is a complex issue, and even the Ethereum Foundation is looking to address this issue as LSD and LRD become more popular.

13
KuCoin Shares (KCS) / Re: KCS Hold for Future
« on: April 22, 2024, 10:36:00 PM »
I remembered before—I can't even remember what year it was—that when you buy KCS or hold it on the Kucoin platform itself, your KCS balance will increase every day in your wallet. It's like he auto-stakes your wallet balance.

Then it stopped for a long time. I hope they bring back this marketing strategy that they did now so that the traders have a reason to buy and hold the Kucoin token itself. Especially since it recently had a problematic hacking issue.
I don't remember this feature on KuCoin, maybe I haven't experienced KuCoin enough to notice its existence. Currently, I've been using KuCoin less, I'm just following the price movements of the KCS token and I see that it has crossed the Weekly EMA34 (Sonic-R) and is worth investing in to get  profit in bullrun.


If you enjoy the Earn feature on KuCoin, you can still stake KCS tokens and earn an APR of ~2.61%. I don't think this is really that attractive from an investment perspective. If I had the choice, I would choose to hold BNB on Binance to receive free new tokens in Launchpool, while also benefiting from BNB's strong price appreciation in the future.



14
Currently, the new administration has been eager to generate supposed tasks from every possible angle. Not just Binance, but some notable people in Nigerian society are under investigation. What I clearly understand here is that the Nigerian government wants only money from Binance and nothing else. I saw the recent lawsuit where the government fined Binance $10 billion. All this excessive force on Binance proves that they want to extract money from them.

https://www.premiumtimesng.com/business/business-news/673361-nigeria-govt-slams-10-billion-fine-on-binance.html
I've also heard about the $10B fine, but that's just third-party news, and the Nigerian government hasn't made any announcements about it. I also think they want money from Binance after seeing how easily the US DOJ was able to get $4B from Binance, and the government could also blame crypto when they can't solve domestic economic problems. We'll wait for the outcome of this drama, I really hope Binance will find a way to work things out to safely withdraw from Nigeria. With the current government, Nigeria is not a country suitable to embrace the benefits of crypto.

15
Ethereum Forum / Re: Gas fee on ethereum
« on: April 22, 2024, 10:04:28 PM »
I think this is not just devs dependant.

Even without any update in bitcoin protocol, these people just ran out of money in the past. We had seen spikes of 500 sat/vB before, and after a few weeks things were back to 30sat vB. Fees are already coming down again.

But I agree that we should have some update in the protocol to avoid this secondary usage of the blockchain.
I don't think the Bitcoin miner community would agree to the removal of the Inscription update as it could be a useful feature in the future and it is providing them with income after the block reward has been halved. The same thing happened in the block size war in 2017: the community chose the path that would benefit overall development, including the long-term interests of miners.

Regarding Ethereum: Layer-2 has become a fairly effective solution but it will not replace Ethereum Layer-1. It's a shame that sharding was removed, we don't have any information about the next update to improve Layer-1 speed, so Layer-1 transaction fees will continue to rise during bullruns. Currently, the cost of transferring ETH is acceptable, around 8-10 gwei ~ $0.5 - 0.7, but swap fees are still quite expensive compared to other blockchains. All users can do is switch to using Layer-2 like Arbitrum or Base 8)

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