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Messages - TomPluz

Pages: 1 [2] 3 4 ... 289
16
Just want to know the best platform for ICO submission. Also, What are some best tips to market your product/coin prelaunch?

First and foremost, we are not anymore using the term ICO or Initial Coin Offering because of the chaos and scams that happened in 2017 to 2018 where many people got victimized by projects made by fraudsters and scammers for the purpose of getting money from the public and then just bid goodbye when their greed were filled to the max. As of now, there are many ways a crypto-based project can be promoted and you can even easily find platforms whose main interest is promoting projects to the targeted audience. And you can find them using Google. Now, if you are planning to start your own crypto platform, I am advising that you take a serious look at the things you can contribute to the market and then start building a team that can make things more solid and viable before even taking money from possible investors. You can even choose to airdrop the coins and tokens to qualitied participants and then work to make those be traded in different exchanges while working to make the whole platform gain more traction in the market and be valuable....and this is surely a win-win situation for all stakeholders. Right now, we are seeing an avalanche of so many projects most especially memecoins and then a year from now we can find out many of them are already dead...don't be like that!



18
Voting Trump i guess.   ;D  he promised things though and although this is a politician's promise, i think he is up to protect himself as well since he is becoming a target too for the big guys in the finance.

I am not a citizen of USA so I am not a voter this coming November presidential election but I am watching closely the coming fight between the current and the former presidents and I come up with the conclusion that things will be better (including the cryptocurrency industry) if MAGA will be taking over the White House. I know that half of the country do hate DJT and right now they are spreading unfounded narratives so as to influence voters away from the man because despite so many indictments and court cases he is winning the polls most especially in at least seven swing states where the election will be decided. There is no question that the Republicans is more crypto-friendly than the Democrats (lead by Elizabeth Warren). And Trump can push Bitcoin and cryptocurrency into greater heights if allowed to triumph this November. Now, I understand that many may not like what I am saying here so we can then agree to disagree.


19
XRP - Ripple Forum / Re: XRP = 1 dollar
« on: May 28, 2024, 03:59:43 PM »
It looks like it's still quite a long way for XRP to go that far to reach $1 this year. Yes indeed, it's still the middle of the year and there are still 2 quarters left to enter. However, if the Atlcoin season hasn't started yet, I think XRP's progress will also be like that. It won't be too fast. XRP is still like Ethereum and other altcoins which definitely follow the development of Bitcoin. Unless BTC skyrockets again and prints a new ATH again this year and then really reaches $100k this year, there might be a chance for that. Currently the price of XRP is at $0.526. So, it still has to increase 2x to reach $1. This may be a bit difficult to do if market conditions have not yet entered a bullish era.

In my own humble analysis, seems to me that there is really something wrong with XRP. While other coins like Bitcoin, Ethereum, Solana and even BNB made significant inroad before and after the halving, XRP's performance is so sluggish consequently until now there is that lack of excitement with it and it can go on maybe for the rest of the year, not unless its case in court can go favorable for it otherwise it can really have a hard time reaching the $1 goal which many of its supporters and holders may have expected weeks ago but getting to be frustrated seeing its non-movement in terms of price. In fact, I have a little XRP and it made me disappointed with the way it is showing in the market.



20
I believe that as the meme narrative fades, Solana's ecosystem will see the emergence of a new narrative that will solidify its place in the market. Solana is already showing great promise as an ecosystem, and its potential for longevity is evident. With its robust infrastructure and growing community, Solana is poised to become a mainstay in the blockchain landscape.

We already know that Solana is now a well-recognized platform that gained a lot of prominence among millions of users thus it came into the limelight and become a top tier network along with Ethereum and maybe even BNB. Now, it gained more popularity all because of the immense popularity of meme coins using Solana as their home and base. This is definitely raising some concern on what can happen to SOL once meme coins - and they will eventually, for sure - will slowly lose their steams in the crypto market...and this can be the big test on Solana's resiliency and innovations. Yes, there is that big possibility that if there can be a big shift away from meme coins, Solana can find itself in a new territory that can propel its growth even further. And it would be exciting to see developments on this side.


21
Bitcoin Forum / Re: [VIDEO] Killing Bitcoin
« on: May 28, 2024, 10:25:07 AM »
For sure, no superhero and no villain in the world real or just made-up can be able to stop Bitcoin. Of course, any country can ban it like what China did but eventually Bitcoin will find a way to penetrate the people and even be recognized by many financial institutions as an asset they can trade and make big money from. In the course of Bitcoin's history, it has had been pronounced to be dead 477 times and yet it is still alive, kicking and even getting bigger and better. surely, this something created by Satoshi Nakamoto has a big life of its own and can never be extinguished for any reason. By the way, I think it is not possible to embed a video published in X, for now.



22


Read more of this here.


Quote
JPMorgan is skeptical about the United States Securities and Exchange Commission approving Solana and other crypto exchange-traded funds now that Ethereum ETFs have been approved.

"We doubt. The decision by the SEC to approve ETH ETFs is already stretched given the ambiguity about whether Ethereum should be classified as security or not. We don't think the SEC would go even further by approving Solana or other token ETFs given the SEC has stronger (relative to Ethereum) opinion that tokens outside bitcoin and Ethereum should be classified as securities," Panigirtzoglou said.

Last week, the SEC abruptly approved spot Ethereum ETFs, with several analysts saying it was a politically motivated decision as the SEC only re-engaged with stakeholders at the last minute, following months of stalled conversations.



With the recent approval of spot Bitcoin ETFs in January and this month's seemingly unexpected same event for Ethereum, some people are expecting that Solana can be the next one in line. However, just like JPMorgan we are already asking too much and the situation may not yet be favorable for another ETF aside from the two already approved. Considered as a competitor of Ethereum and has had gained big momentums in the past many months, do you think there is still that probability for Solana ETFs...like maybe in 2025?














23
Bitcoin Forum / Saylor: Bitcoin ETF is the "crossing of the chasm"
« on: May 28, 2024, 09:57:25 AM »


We now see and appreciate that the approval of Bitcoin ETFs in January by SEC paved the way for Bitcoin to enter the mainstream financial system and be recognized by Wall Street as one of the most bankable and viable asset to invest with. Now, investors who are choosing not to deal directly with Bitcoin can have the best option at hand while at the same participating in the growth as well as ups and downs of the digital asset created by Satoshi Nakamoto years ago.

As what MicroStrategy Chairman Michael Saylor said the Bitcoin ETF approvals in January were not only important but cemented Bitcoin’s size as an asset class. Saylor said “That was the crossing of the chasm which said that Bitcoin is not a multi-one hundred billion dollar asset class, bitcoin is a ten to 100 trillion dollar asset class.”

Akin to the idea of opening the Pandora's box, Bitcoin is now on the journey of no return to where it was and what will be is surely a very exciting to watch as we are all a part of this journey into its future.

While Michael Saylor surely appreciates the approvals by SEC, he is also heavily criticizing it on its overall attitude towards the cryptocurrency industry, saying "SEC has basically been very obstructionist and at war with the entire crypto industry, suing all of the crypto exchanges, suing all of the entrepreneurs, and we got a very minimalist embracing of bitcoin."

Do you share this sentiment by Mr. Saylor?







24
Bitcoin Mining / Re: Argentina To Mine Bitcoin With Stranded Gas
« on: May 27, 2024, 11:50:30 AM »
The news mirrors how other countries are utilizing Bitcoin mining to "clean up" energy grids. Bhutan mines Bitcoin with renewable hydropower to consume its seasonal excess, while El Salvador uses geothermal energy to power mining with no carbon footprint.

I love these exciting new developments regarding Bitcoin mining. There is no question that Bitcoin mining is requiring the use of gargantuan volume of energy and has become like a trigger for many environmentalists and their supporters to call Bitcoin as a threat to Mother Earth. With the use of otherwise wasted energy, we are taking advantage of something that should have gone to nothing and make it valuable. This kind of idea can be working well for Bitcoin and can be winning the support of many cryptocurrency enthusiasts who are at the same time looking at how we can make this planet a better place to live in.



25
CME trading - I guess - is more for institutions - companies -, not individuals. Trading of one single bank can produce much more volume than 2.000 Faisals and Peters  :D

You are right. CME is not like Binance or Coinbase which is very much open to individual users; this is surely limited to institutional players where business transactions can amount to millions in just a tap of the finger hence this is going to be another influential institutional involvement that can be working well for the price of Bitcoin for many months to come until, of course, the market can go sour when everybody will be jumping ship but this is just one of the many possible ups and downs in the market which is now listing Bitcoin into its own operation. For sure this CME move is a big welcome development and I am looking forward to how it can somehow shape things for Bitcoin today and into the future.


26
Well, this could be related to BlackRock's deep involvement in the crypto market through largest asset, BTC. BTC Spot ETF has both positive and negative impacts. In the short term, it can boost BTC price growth, but in the long run, it can negatively impact Bitcoin's decentralization and self-custody. The crypto community has discussed this a lot, but there is no way to prevent traditional investors from buying BTC Spot ETF, and we don't have enough resources to fight against BlackRock's involvement in the crypto market. We are even happy to see that the inflow of money into BTC Spot ETF has helped many tokens in the market to rally strongly in the past few months.

I would say that the involvement of Blackrock with Bitcoin via ETF can be a two-edged sword that can surely impact Bitcoin both in positive and negative ways. Right now, it is pushing the price of BTC to a good level and for the next few months we can see how it can make things better or bitter for Bitcoin. And yes, the problem is that Bitcoin is not exclusive to anyone or a specific group so any institutional platform can be a player in the BTC market...and there is nothing we can do about it. Now, whether this "gloomy" prediction for Bitcoin in relation to Blackrock can come true or not remains to be seen...and I think we have no choice but to see things positively in light of these developments. In the past, many Bitcoin enthusiasts are looking to the day when there can be real institutional investors coming for Bitcoin and now that it is happening we fear that Bitcoin will never be the same again. Now, the next question would be: Is there anything we can do to limit the influence and power of Blackrock and similar platforms so as to minimize their impact on Bitcoin?






27
I have doubt whether he'll actually do it, but it's one of few times he made specific promises which related with cryptocurrency. And for those who don't know about Ross Ulbricht, you probably want to check this website https://freeross.org/. Your opinion is greatly appreciated.

I understand that many candidates would usually promise this and that...but if you think that Ross Ulbricht is deserving to be pardoned then in between the two old men running for the White House this November - Trump and Biden, the former and the current - it is Trump that will likely do something on this subject if ever he is given another chance by the American voters...and it can be because Biden has never promised for it and we know that Biden is less friendly to the cryptocurrency industry and the players on it. At least, these libertarians would have something to demand in case Trump can be back as the 47th POTUS as one can never demand it from Biden who never promised such a thing.



28
Bitcoin Forum / Trump Supporting Bitcoin, Crypto
« on: May 26, 2024, 04:19:45 AM »
As happening right now, in a speech to the Libertarian Party's National Convention in Washington, DC, the former 45th President of USA Donald J. Trump laid out his many plans and promises for the country if elected once again this coming November to be the 47th POTUS.

Among the many things he discuss is Bitcoin and cryptocurrency, saying "I will ensure that the future of crypto and Bitcoin will be made in the USA" and "I will support the right to self custody to the nations 50 million crypto holders" which of course resonates with many libertarians in the audience.

In between the two leading candidates - the dementia-filled Joe Biden and the still energetic and funny Donald Trump - people are now slowly realizing that the two administrations are so different and that they were better off four years ago under DJT despite, of course, the supposed flaws with his personality.

I believe that Donald Trump is a lot better candidate and can be working great for the cryptocurrency industry if given another chance to be in White House again.



30
With this two figures being isolated but exemplary examples for ladies, do you think we will see more female interests in the crypto space?

The whole cryptocurrency is open to anyone regardless of gender, race or financial status...in ft I would say that this is an equalizer industry but we know that this industry is made up by men in majority position. I am sure that women can thrive here as they too possess many talents, skills and the leadership required to scale up their presence in answer to different opportunities available. While the two women above can be a great encouragement for other women, for now I don't see that the disparity between participation of women and men can easily be bridged within at least five years. Perhaps we should know what makes men more attracted to cryptocurrency compared to women...and then we can easily tackle to close this divide once and for all. One reason for this is that more women are risk averse compared to men...and since the cryptocurrency industry is full of risk we can't a lot of women to be here. Another reason why crypto is a male-dominated market is its direct connection to the male-dominated finance and technology industries though we can see some growing interest of women on this area. Now, we can't force women to get involved with cryptocurrency related business if they don't want to...what is important is that there is a fair field laid for them in case they want to take the journey to the "moon" with us. Should we tell our mothers, sisters, girlfriends and female friends to get into crypto as we need them here?







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