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Messages - Faisal2202

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1
Cryptocurrency discussions / Re: Why BlackRock Was the BIGGEST MISTAKE for Bitcoin
« on: Today at 07:51:14 PM »
Quote from: MrSpasybo on May 25, 2024, 11:25:46 PM
I think we are forced to accept and make trade-offs when giants from Wall Street like BlackRock come to this market. They can help the market grow stronger, become more popular, and have a clearer position in the economy, but their ultimate goal is always to seek profits rather than do charity. We can only focus on investing and always be cautious of their manipulation schemes. I believe that BlackRock not only wants to earn revenue from management fees for BTC & ETH Spot ETF, but they may also manipulate, accumulate BTC, and become whales in this market.
You are right, ETFs have its own pros and cons, when big money comes into the market, more manipulation take place, these centralized platform are acquiring too much BTC that it might affect the decentralized factor of BTC. It can make it less anonymous and can infiltrate the security as well. Besides I think that's not the main point of the Whitney.

She is also concerned about CBDC, she thinks what if people buying BTC ETFs are forced to backup or pair there funds into CBDC then into fiat. Means they will be left with no choice but to use CBDC in order to buy and sell the ETFs. If that's happen then you are already became so centralized. Although choosing ETfs over real BTC is the first step toward centralization but to make CBDC more successful they could make it a requirement for traditional investors using these big companies to manage there funds.

2
Cryptocurrency discussions / Re: There is no such thing as AI coins, sorry, but there is not!
« on: Today at 07:34:21 PM »
Quote from: Lucius on Today at 04:21:00 PM
I wonder how far we have already fallen into the abyss of AI when you need to explain to someone that AI coins are actually nothing but the names of some altcoins with the mark AI? Who would have thought that the label AI will start selling everything from TVs, mobile phones, cars, computers to cryptocurrencies, and that people will actually agree to pay more because they think they are getting something more - and in fact, the more we use AI, the more stupid we will become.

Many will disagree, but all that has happened in recent years regarding AI is obviously only the beginning of something that in most SF content ends very badly for the human race.
You are right, but in my opinion, this is not something new, most of the projects don't have the right or main product in their hands for usage, they are just advertising their ideas, and getting funds, I am amazed who are those people, investing in only ideas. Although I know if the team is hardworking and can really implement the idea into work then it's not bad to invest but only what they don't care to lose. Or only if they want to gamble it.

Currently, there are AI projects, and most of them are using Claud 3 or gpt data models to create what, guess! GPT chatbots. I can make them, with no or lesser knowledge. Holoworld and my shell is one of the many, looks more sophisticated at the moment even if they have only a GPT chat system and they call themselves AI innovative platforms. I have a meme for these AI models.
Taken from FB.

3
Cryptocurrency discussions / Re: What are some best platforms to submit ICO?
« on: Today at 07:27:53 PM »
Quote from: BlueMoon on May 28, 2024, 11:38:12 AM
Just want to know the best platform for ICO submission. Also, What are some best tips to market your product/coin prelaunch?
I find icoanalytics more useful as I also started to follow it not for making investments but to know the existence of new projects how much they have raised, and if they have any good partners or potential. If they have then I start to use their platform, even if it's in testnet phase, in the essence of getting early adopters rewards AKA airdrop for being their early user.

So, as a project owner you should raise some funds, raise some audience, bring some incentives programs, talk with some twitter and telegram influencer and ask them to spread a word about your project if you don't have huge funding then you have to talk to them otherwise they will do it without asking you, they will promote it.

Overall, I find this method of promoting your project more successful one, because people are joining, completing tasks such as following, investing, staking, locking, etc. from more than one accounts which bring more exposure to the project.

4
Cryptocurrency discussions / Re: I wonder what "Narrative" we are getting next
« on: Today at 07:18:34 PM »
Quote from: Joseph Lee on Today at 06:04:56 PM
But something tells me we havent seen the last of these. It will be interesting to see the next big thing is that the crypto community latches onto. Will it be quantum-resistant blockchain technology?LOL
Quantum computers might not be a harm to blockchain technology. For many reasons, if they would have then there are quantum computers in place that have done nothing to BTC or blockchain technology yet. Overall, I think they lack the knowledge or optimization to do that or these quantum computers are just beta versions at the moment, I mean they don't have sophisticated UI as Windows or other GUIs have. And speaking of narrative I think socifi is the current hyped narrative, and before that it was AI.

AI still has a chance, but the next big thing I am seeing is the implementation of AI into computational power, like the combination of both of maybe both as separate narratives. Many will say the hype of AI is over but I think otherwise, I think it's just getting started and we will see this hype along with other relevant narratives. I also joined the crypto sphere 2021, and I also experienced the hype of Metaverse and NFT as I wrote too many articles on these narratives.

5
News related to Crypto / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
« on: Today at 07:12:04 PM »
I just checked the website you provided, it's totally new to me, and to be very honest, I was not aware of the full story, I did not know the owner of the site is still in prison and facing a life sentence right now. BTW I think Trump is making the right moves but these moves seem to be so rushing and dying for a win. I mean for a supporter of Ross, this move would be like a good one.

But for not a supporter, they will say he is so desperate to take all the votes of all the crypto users, I mean he is even targeting smaller niches like category to category, first it was NFTs, and BTC, and now he is targeting the followers of influencers as well. As I aforementioned don't know the full story of why he is facing that long punishment, so I won't judge but I will say the punishment should be reduced as he is just an entrepreneur.

6
News related to Crypto / Re: SEC Issues Urgent Warning on Cryptocurrency Fraud
« on: Today at 07:04:07 PM »
I think its already a normal thing and has become a part of our life. The world is full of good and bad actors, it can't be full of only one. Diversity plays an important role here. So considering this I would say accepting the fact is obvious but not the solution. We could spread awareness about these scams. For example, these scammers pretend as a girl when they talk with you over social media, and after spending a long time chatting with you.

They will start the conversation about investing etc. and you already talking to her and trusting here, so you will definitely trust all of her words about investments as well. Even you will send your funds to them. Results in losing it as after they receive it, they will block you. So we can spread awareness to old and new users around us so they would save themselves from such actors. We can't force them but just tell them, after that its there decision.

7
News related to Crypto / Re: Major UK Bank Bans Cryptocurrency Transactions
« on: Today at 05:32:49 PM »
Quote from: TomPluz on May 29, 2024, 09:44:09 AM
While I understand well the fact that the cryptocurrency industry has become riddled with scams and frauds, there is no strong basis why banks should not be working with it. Banks must provide the perimeters to make sure that scams and frauds can be avoided while doing business with people who are into cryptocurrency. I am sure this Kroo digital bank is not yet a big banking entity and they should have recognized the opportunity here to be ahead of their bigger counterparts and established a beachfront advantage. Alas, Kroo opted for a comfortable zone and soon they will realized they are already left behind. What is your message to Kroo, in case given a chance to express your own opinion on this matter?
You are right, although Kroo is not the only bank that will be left behind, Chase UK and Starling Bank will also join it (stated in the news). Your point of view is considerable, as the news also stated, that the Central Bank of Russia showed data that tells us that most of the scams occur due to the involvement of cryptocurrencies. I mean, people might be sending their bank funds to other people to buy crypto and vice versa. And once they don't receive the crypto they ask banks for a refund etc.

The increase in such cases and other frauds might have led these UK-based banks to take this step. I just checked the site of Kroo Bank, and the traffic of the website is too low, considering it I would say, this is really a small bank, speaking of other two they are not small, as they have more traffic, more customers thus more funds.

8
Cryptocurrency discussions / Re: Long-term planning is essential in crypto space
« on: May 30, 2024, 10:02:01 PM »
You are right, to be a successful investor you have the characteristic of keeping patience, and not getting played by the market sentiments, the ones who claim themselves as investors or long-term holders, they should not see the news regularly, although it's not a good practice to not see, but if you keep seeing the news and the current situation of the market. Then a time will come when you will feel like exiting the market and you will think of entering again when the price will dump.
But you will end up losing it all, so considering this fact, it won't be wrong to say, we should not keep a keen eye on the market situation when we are making investments, like for the long term. Long-term means we don't care if the price goes up or down for like 2 to 5 years. The time period can depend on the individual mindset.


9
Forum related / Re: How are lost account recovered here
« on: May 30, 2024, 09:13:31 PM »
That's sad that you lost access to your BTT account, BTW what's the progress, are you getting at something or not? If not then I hope you will get access to your BTT account soon. Besides we should really need to discuss this topic, as email verification should not be the only way for a member to recover his or her account, but on BTT the mods and the people responsible to give you your access back are late and delay things.

But here on this platform, I think we won't be facing such a problem because the admins here are more active and they listen to your point and respond on time. But this might change as when more members will be using this platform, admin won't be able to reply them all so besides the email verification this staking or singing the address is better option.

10
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 30, 2024, 08:25:15 PM »
Quote from: koang on May 26, 2024, 04:48:34 PM
The team knows what they are doing, At the last moment, they made the excuse, API delays ;D
Dev and team will sell all their tokens first before the airdrop allocation is distributed
Nowadays all projects perform Like Every, First profit book team then price down 80% then some low amount airdrop provides community. Nyan same just use only community.
You are right, Nyan is not the only one, Mon and Param also done the same thing now, although Mon has not announced its results for farmers yet, but I fear they will do the same thing. And upcoming sci-fi airdrops like beyond, and Bubble might do the same thing as well. In this hype market, not every project is going to make us money. One thing I have learned so far is that, when a project runs for longer period of time and a lot of people have joined them, then you you expect lesser reward.

And vice versa, overall, what these all projects did is not a wise thing, and we should really not get too attached to these projects in terms of profit, I mean the way these projects succeed no one could wonder they will do such thing with there community but they still think about themselves, they are not the only ones BlockGames also did the same thing.

11
Bitcoin Forum / Re: BTC and ETH ETFs approved by the Hong Kong Securities and Futures Commission
« on: May 30, 2024, 06:44:21 PM »
Quote from: tranthidung on May 27, 2024, 02:07:00 PM
HongKong market is smaller than many other markets in the USA, UK, Europe and it makes sense if Bitcoin Spot ETFs in HongKong won't make big impacts on Bitcoin price. Because demands and capital inflow from HongKong Bitcoin Spot ETFs would be small and not big enough to impact on price.

See the chart that shows not too impressive capital flow from HongKong Bitcoin Spot ETFs since start of May 2024.

On the other hand, Bitcoin Spot ETFs in the USA shows some signals of an upward trend after some weeks of negative flows.

You are right, the data is showing a consistent rise in the money inflow into BTC ETFs in USA, that's because these big ETF companies that applied for ETFs have money prepared for BTC, but they are doing it in OTC or under the table, to decrease the impact on market, and that's taking time, so with time the money data is increasing, every day or every month there is huge increment because the money they were having for BTC, is now being thrown into the market with different time according to the market situation and according to these companies strategies.

Speaking of ETFs, we now have ETH ETF approved as well in the USA, which brought more volume to the ETH, the main concern to end this discussion started by OP is, that when HK approved the ETH ETFs, the price of ETH did not show any good impact, but when the US SEC approved there ETH ETFs, the price of ETH rise from $3,300 to $3,900. Overall, market size and money are big factors in bringing good impact.

12
Basic Questions about Cryptos / Re: [GUIDE] What are Crypto Airdrops?
« on: May 30, 2024, 06:35:23 PM »
Quote from: Paldo.io on May 28, 2024, 05:04:43 AM
No, I'm not a "community manager" on any of these projects and I don't gain an extra boost or whatever.
Huh! you are calling yourself not a community manager, I think you should as how are you going to make a profit if you don't consider yourself a community manager, I think you already have a tg and managing that community, like providing new airdrops, their answering there questions, makes you a community manager.

Quote from: Paldo.io on May 28, 2024, 05:04:43 AM
These "airdrop community managers" are really just influencers, and I'm definitely not a fan of them; and of course they're definitely paid.
Ok thanks for ensuring it, although I was also 80% sure that these influencers must be getting paid for sharing these airdrops, although I still doubt the fact that, they don' have to get paid by these projects, as these projects are already getting so many users, means the kite has already touched the sky, and now they don't have to make deals with community managers, as if it's not them then these community managers can't make money, but without these CMs projects will make money still. As the kite is already touching sky (means hype is more now) What you think?

13
Bitcoin Forum / Re: On 22 May 2010, programmer Laszlo Heinitz bought two pizzas for 10,000 BTC.
« on: May 30, 2024, 06:29:53 PM »
Quote from: LogitechMouse on May 30, 2024, 08:51:29 AM
It's live. Of course, he will not say negative things in front of a camera. :)
I'm not saying that he really doesn't regret what he did more than a decade ago because there's a chance that he really doesn't, but at the backmost tip of his mind, there are times where he is questioning himself because of what he did at that time.

Yes, it became an iconic and unforgettable event, but that 10,000 Bitcoins that he had at that time can change his life and his family completely. He might not regret it, but there will be "what if's" coming to his mind not only today, but in the future.
You are right, if you are having "what if" thoughts then there is no way back, the best practice is to have some belief otherwise people lose hope and tend to do bad things to themselves. I hope this man is a man of belief, he must have some BTC or other source of income, he is already popular, I hope he won't be facing any type of criticism from his friends, or his family won't be facing any type of criticism as well.

As we know world is full of bully people, they used to make fun so that others could laugh but such words do the work of swords. So, the people around them might be giving them funny jokes, like if he and his family even have accepted the fate, that now there is no way back, other people don't have this thought. So they must be teasing them making funny jokes throwing lame words etc. etc. Well, this is also a thought, as they might not be getting any such words.

14
Bitcoin Forum / Re: [VIDEO] Killing Bitcoin
« on: May 30, 2024, 06:25:43 PM »
Quote from: bitmover on May 30, 2024, 11:51:50 AM
I agree. I found a tool that hosts the Twitter video online for download,  but I didn't thought about hosting in YouTube to share...

And even pasting the video file here, it didn't embed it. That works for you tube only..
Yeah, there are tools for different things, BTW why do you need a tool to host Twitter videos, I mean we could also do it by making a tool that will first upload the video on YT and then extract the embedded link and provide it to you as output and you then can use that link here, so your Twitter video indirectly and automatically will be available to embed here in this forum.

Or another way is, for the admins to integrate a few codes so that users can also integrate Twitter videos directly. But the point is, not so many users watch videos on Twitter, as speaking of myself, I don't watch reels or funny videos on Twitter, but I think most of the memes and videos are first posted on Twitter and then on YT, as most of the crypto investor or users are active on Twitter. So considering that, a tool is must needed.

15
Bitcoin Forum / Re: [VIDEO] Killing Bitcoin
« on: May 30, 2024, 12:38:29 AM »
Quote from: bitmover on May 28, 2024, 02:08:32 AM
I thought it was possible to embed videos here. Isn't it? Just youtube videos?

If anyone knows how, please tell me
HAHA, it's a good video, someone really made great efforts to make this video, I think you can't embed a Twitter video in this forum but Yt one, in order to embed it here, you first have to upload the video on YT and then have to embed the video here. I think that's the only way to do it. BTW I just came to know that there is a gap for such a tool. I mean there are tools that can do stuff directly for you.

And on the internet, there is not a single tool that can use the twitter video link and provide you the YT embed link so you can use it anywhere. I mean doing it is not so hard, but I think the demand for this tool is not so much, as people don't usually search for videos on twitter AKA X so that's why there is not such tool.

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