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Messages - Lucius

Pages: [1] 2 3 ... 32
1
Technology-wise, Ethereum with smart contracts has many more features than Bitcoin. In fact, if I had to choose only one crypto to apply to the world, I would probably choose Ethereum. The ETH marketcap is also expected to surpass the BTC marketcap, but that is unlikely to happen even though ETH has an infinite total supply, as the market has chosen BTC as the crypto king. I can only hope that in the future, ETH will surpass BTC in terms of daily trading volume, just as USDT has surpassed BTC.

Despite how good and valuable ETH is in its vast ecosystem, ETH is still just an ALTS and only receives inflows after BTC has recovered and stabilized at a new higher price zone, and is also heavily influenced by BTC price fluctuations because BTC price is still considered an health indicator of the entire crypto market. I don't think this will change anytime soon in the next few cycles, perhaps only the widespread adoption of the Ethereum blockchain into the new economy can make the ETH price supported by business demand and less dependent on the BTC price.


I'm not saying that ETH doesn't have its purpose and application in the crypto world (unlike most alts), but I think Bitcoin is still superior to any alts due to its true decentralization, use of proof of work, and the fact that it wasn't created to make its creator or people around him got rich. In addition, Vitalik has made many "strange" statements about BTC over the years, and always seemed quite frustrated that he failed to create a coin that would dethrone BTC.

The fact that ETH does not have a max supply and that it has moved to POS is not something that ensures a bright future for it (at least I think so), but the fact is that many people choose ETH as an investment only for the reason that, unlike BTC, it is much cheaper.

2
@paid2, this is another good way for promotion and I hope that we will fill all the slots as soon as possible. I have chosen my number, and now I can only hope that I will be lucky :)

4
Well, Peter has always been known as a gold bug, and he obviously realized that BTC can help him be in the public eye whenever he needs it. I remember that once upon a time he said that an ounce of gold would be worth $5000, but a lot of time has passed since that and that did not happen.

On the other hand, his son allegedly chose to invest in cryptocurrencies, and I remember that they once "argued" about it on social networks, although I doubted that these were honest discussions. Those who know Peter know that he will remain consistent that gold is superior to Bitcoin, or as Buffett will say until the end of his life that BTC is a "mirage" or "rat poison squared".

5
~snip~
I have never used this feature on MixTum because I am usually more interested in the amount of BTC leaving my personal account rather than the exact amount to another my personal account. I think some users will find this MixTum service useful.


I think it's something new, because I honestly can't remember seeing it before. I also think that some users will find something useful in this possibility, although at first it seems that there is not too much difference between classic mix and Precise Payment Mode, but @examplens wrote something about it that could clarify things a little.

In any case, it's good to see something new, which means that "business" is not on autopilot, but that someone is thinking about how to upgrade it.

6
Indeed for low payment quality poster might dont want to join, but as we see it today, with little amount of signature campaigns, a lot of quality posters have empty signature spaces. As well as gambling sections lacks topics in general. So for now, any close to average content would be ok. On the other hand, campaigns have always bounty managers and I believe that they wont let any shit poster to sneak into campaign. Low quality poster can always be replaced in a week with another candidate.

Sometimes those who run campaigns don't have too many choices and have to accept lower quality posters, I see them every day on BTT writing meaningless posts and they get paid for it. If you want quality and constructive discussions, you have to raise the bar to the highest possible level and the results will not fail.

With low pay rates, you can change all campaign participants every week, but you will still have poorly motivated or bad posters.

7
Polkadot Forum / Re: Dogecoin has now overtaken polkadot!!
« on: May 20, 2024, 06:14:41 PM »
~snip~
anyway both for me is just a pump and dump project so securing our funds must not be in these 2.


Considering that it is the first cryptocurrency that I have come into contact with, I can say that it has some kind of sentimental value for me. From the time when 1000 Doge was worth $0.14 to the fact that today 1 Doge is worth even more than that, even 10 years have passed.

I accumulated a lot of them on faucets and never sold them, so I think they are worth a lot today. Unlike most coins from that period that disappeared, Doge obviously has a lot of support from the community and that certainly means something.

8
~snip~
just one of the many scam accusation i found in internet , so OP are you really using this wallet/exchange?


It's another shill account, nothing more. If you are interested, you can see what this topic looks like and what I wrote -> https://www.altcoinstalks.com/index.php?topic=321293.msg1557282#msg1557282

9
If you hear someone saying that, they are probably referring to the design of a physical Bitcoin coin, not the technology itself. I mean, why would anybody say that about a bunch of code? That would be very weird for sure.

Maybe you're right, but still a lot of people have very emotional feelings when it comes to Bitcoin - I've read hundreds of such stories over the years on BTT. I think it's not about code or physical coins, but about the fact that people have created some kind of emotional connection with something that logically shouldn't have.

In any case, Bitcoin is a beautiful creation of one man (let's assume that Satoshi is one person) who wanted to offer the world an alternative to the existing system. However, everyone has the choice to choose what they like best.

10
Forum related / Re: Why is this common here.
« on: May 20, 2024, 04:58:48 PM »
~snip~

Unfortunately, the Press board on BTT is completely devastated by 1-2 users who spam their links there, and after years of fighting to do something about it, it seems that we all gave up because there was no reaction from the admin.

I'm not saying that the same thing will happen here, but the rules should still be a little stricter, because spamming links with c/p couple of sentences from the article can't be called a constructive way of writing posts.

11
BTT has a very large gambling community, but I would not say that it is a gambling forum, regardless of the fact that that part of the forum is quite active.

I think that approximately 50% of the activity on BTT is carried out by the gambling section. In the end, there are 20 gambling signature campaigns and only one that is not from the gambling industry.

It is true that gambling campaigns dominate BTT, but there are still quality discussions in other parts of the forum. What is positive is that not all managers require a certain number of posts in Gambling boards, so there is much more freedom, at least as far as that is concerned.

Quote
The fact is that at least a few gambling campaigns on this forum would mean a lot in the sense that it would increase the activity which, realistically speaking, had already started to decline when the number of sig campaigns was reduced.

With $300 per week, the casino here can get 10 users in the campaign. Almost enough to dominate the forum, at least as far as gamblers are concerned
That's only enough for 3 slightly better posters on BTT.


My personal opinion is that campaigns should not go with such low pay rates, because it will not attract quality posters. Of course, some at BTT also have the criterion that quantity plays a more decisive role than quality, but I would not agree with that.

12
Cryptocurrency discussions / Re: Would you buy TRUMP?
« on: May 20, 2024, 04:14:25 PM »
I am also a fan of Trump and hope that Trump will become the next US president in 2024. Trump's victory can open up a better future for crypto in the US and then worldwide. However, I will not invest in TRUMP tokens or any memecoins related to this election.
~snip~


I have written my thoughts about Trump several times and there is no point in repeating myself - but I think that we should not expect anything better in terms of cryptocurrencies if he wins. Although it is true that he was quite "uninterested" in that topic in the first years of his mandate, towards the end he had some strange ideas that the administration of the new president mostly rejected or significantly toned down.

No president or high official should ever be against national interests, and Bitcoin as a decentralized currency is nothing more than a problem that they are already solving through the control of CEXs and ETFs.

13
Cryptocurrency discussions / Re: Would you buy TRUMP?
« on: May 19, 2024, 04:54:19 PM »
Honestly, even if I knew that that coin would increase its price several times in the coming months, I would not have decided on such an investment. Regardless of the possible profit, I have always tried not to support anything that I disagree with and that I do not believe in.

I don't like Trump as a person, and everything he did in the past while he was president (and before that) speaks volumes about the kind of man he is. I'm not from the US and it doesn't matter to me whether the Democrat or Republican candidate wins, but I wouldn't support any project that this man is behind.

14
Apart from keeping the board/forum active casino played a huge role in bringing crypto to many users which is an undeniable fact. Because it is one of the sector where people actually use crypto as payment which is what supposed to be the whole concept of cryptocurrency, right?

You're right there, if we look at everything else, it's still mostly about investments - online gambling is perhaps the one that "used" cryptocurrencies the most, so to speak. Perhaps this is one of the reasons why coins from online casinos are mostly classified in practically the same category as mixers. Bitcoin as an investment today is almost no problem in most democratic countries, but as a currency it has big problems.

15
Some people are constantly speculating that one day ETH will surpass BTC in some way, and they probably mean that it will be worth more than BTC. Personally, this is quite unrealistic considering that ETH has about six times more coins in circulation than BTC, and that, as far as I know, it still does not have a clearly defined max supply. The thing that pushed ETH even more to the side is the transition to POS, which in my opinion makes it less attractive than before.

Furthermore, ETH's absolute ATH was in 2021 and was $4891, and if we take into account that BTC then and today is approximately at the same value in relation to USD, then we see that it is a difference of almost $2000 in a negative sense.

The price of ETH is therefore a reflection of the market's confidence in it, and everything else is less important.

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