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Messages - MrSpasybo

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1
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: Today at 12:20:29 AM »
Quote from: Gyrgen on April 17, 2024, 11:14:59 PM
I read the topic and believe that there is more talk about crypto than its real impact on the world economy. The example of El Salvador is very unfortunate, a weak country with an undeveloped economy is looking for a way to overcome its difficulties. Not a single strong and independent country will allow some crypto to dominate national currency. National currency is one of the symbols of statehood.This technology can be “sewn” into fiat to overcome certain sanctions, but it will no longer be crypto in its pure form. Something like this
The journey for crypto to become a legal tender globally will be long, as we are only in the early stages of the crypto market. Crypto is not the best solution for everyone, nor does it yet have irreplaceable utilities. We can only say that crypto is truly useful and valuable for many people around the world when they want to avoid the impact of inflation, move money easily, make global payments, or participate in investments without encountering too many barriers.

El Salvador was able to easily adopt BTC because it does not have a local currency. As you said, larger countries will be more cautious with BTC and crypto, and they are looking to issue CBDCs to make their citizens stay away from crypto. I don't think CBDCs will be easily accepted, and crypto will still have a great opportunity to replace fiat in the future.

2
Meme Coins / Re: Avoiding Fake Memecoins Is Becoming More Difficult
« on: Today at 12:05:53 AM »
Quote from: Joseph Lee on April 18, 2024, 06:12:11 PM
Attention on memecoins has increased exponentially since the start of the bull market. We have also seen an increase in the number of fake memecoins and naturally, this means more people fall for scams.

What do you think?
Memecoins have brought significant profits to some, but I generally avoid investing in new memecoins. New memecoins are being created every hour, they are airdropped to user addresses, they are listed on DEXs, but that's not enough for me to feel safe. It would be better if they were listed on reputable CEXs like Binance or GateIO. People who rush to invest in new memecoins face extremely high risks as they may disappear forever and become a scam project. We've had thousands of projects like that!

Understand actions when participating in the memecoin trend: are we investing or are we looking for luck? How much money are we willing to lose if these memecoins fail and disappear? I strongly advise new investors to stay away from new memecoins, if we like memecoins, DOGE and SHIB are the best options.

3
Cryptocurrency discussions / Re: Crypto markets can exist without government permission
« on: April 18, 2024, 11:32:47 PM »
Quote from: Tribalchief on April 17, 2024, 10:18:08 PM
I don't think Nigerians currently have too much business with Binance since the peer-to-peer medium isn't available to them. Although there are a few services they can utilize, I came across news that doesn't make sense from any angle. Are all Nigerian Binance users under investigation or what? Like I said before, Binance would really love to see more involvement from Nigerian traders, which might possibly result in them releasing such sensitive data. Just saying...
I don't know specifically what Binance has done in Nigeria, I just believe that Binance is not causing the devaluation of the local currency. Binance also always tries to comply with the regulations of countries, there is no reason for them to do anything too dangerous in Negeria - a country with constantly changing views on crypto. We don't know yet whether Binance has handed over Nigerian user data, I just hope that Binance can find the best way to overcome the accusations and demands from the Nigerian government and will never return to that dangerous market again.

4
Bitcoin Forum / Re: ordinals and inscriptions
« on: April 18, 2024, 11:13:41 PM »
Quote from: SamReomo on April 18, 2024, 08:29:19 PM
The ordinals have caused fee surge before and now they're doing the same once again. It's the time of halving and many of those ordinals creators find this time as an opportunity to create their ordinals so they could gain some good profits out of those ordinals.

I'm not sure when the developers will be able to find a solution to throw those ordinals out of Bitcoin blockchain, until then we will have to face those huge fee rises because of those so called ordinals.
It seems that the Halving is the reason for the return of the Inscription/BRC-20 trend with the aim of attracting attention and investment capital from investors in the Bitcoin ecosystem again. I don't like this very much because transaction fees on the Bitcoin network will be pushed up, but miners are happy because they will have an additional source of income from very high transaction fees thanks to Inscription, which can help them continue to survive after the halving with the block reward being halved.

Perhaps we will have to accept the long-term existence of BRC-20 tokens as part of the NFT market and they could be a major trend in this cycle if they can perform a task such as storing the tokenized information of a huge assets in the market.

5
Cryptocurrency Trading / Re: Are you using a Demo account to practice trading?
« on: April 18, 2024, 10:59:00 PM »
Quote from: Findingnemo on April 18, 2024, 06:33:27 AM
I would recommend someone to start trading in real with the smallest amount possible to get the actual experience which will comes as whole package and can avoid differentiating the demo funds with the real money which will be more easier for a new trader to go through if they are completely new to the trading field but as said demo account can be more useful for advanced traders to try their strategies and to find is there any changes to be made in their plan, etc.
We can all easily recognize this, but many traders want to experience the emotions of losing/profiting in the crypto market, expecting that the emotions from them will be stronger and have a greater impact on them in the market. I think it's also quite funny that they are willing to use their capital to buy experience while the Demo account provides it completely free of charge if they are really serious about each decision when using the Demo account.

6
Yobit / Re: What will Yobit's future look like?
« on: April 18, 2024, 10:44:36 PM »
Quote from: bitterguy28 on April 17, 2024, 08:16:34 AM
in the other forum that i came from wearing their signature will definitely brings you in so much trouble but they are one of the most generous signature campaign that have run in the other forum paying their participants in bitcoin not in dollar, so asking if I will wear their signature? of course I will because those issues are accusations but never that i experienced their troubles .
While Yobit has issues with liquidity, withdrawal fees, and shitcoins, it is not a fraudulent CEX like FTX. Therefore, we can safely participate in Yobit's Signature campaigns without any concerns. As an investor, we have the right to sell our signature services for the highest price possible, as long as the associated projects are not scams.

However, I doubt Yobit will launch Signature campaigns in the future. Yobit has not run any marketing campaigns in the past few years, suggesting that it is no longer interested in reaching out to potential users.

7
Cryptocurrency discussions / Re: Blockchain Technology For Creator Monetisation In Web3.
« on: April 18, 2024, 09:57:58 PM »
Quote from: MetaAttorney on April 18, 2024, 04:56:52 PM
The blockchain space seems to be incorporating a lot of persons into it. Artists and creators are being given opportunities to earn.

Before now, the works of certain creators couldn't be monetised sufficiently but certain projects have come to bridge the gap. Being an artist, I'm always on the look for this type of projects.

I'll appreciate a few recommendations in addition to the ones I've.
I think artists could try their hand at new areas in the NFT market, such as creating an artwork and then selling it on an NFT-marketplace. I'm not sure about the potential success of these NFTs, I don't feel the beauty of them, I don't think they're really worth thousands or millions of $.

The artists I know often look for opportunities when designing banners, logos, website backgrounds for new projects, creating characters, landscapes, costumes, items in GameFi or Metaverse. I think that would be a more practical, more stable opportunity and they could have a pretty good income from the crypto market.

8
Tin tức tiền điện tử / Re: Cuộc chiến pháp lý giữa Ripple và SEC Hoa Kỳ thúc đẩy các suy đoán giải quyết
« on: April 18, 2024, 09:43:22 PM »
Quote from: Trongduy on April 17, 2024, 11:30:02 AM
Vụ kiện của Ripple Labs với Ủy ban Chứng khoán và Giao dịch Hoa Kỳ (SEC) gần đây đã châm ngòi cho các vụ kiện tụng về nhiều vấn đề liên quan đến tiền điện tử. Những diễn biến gần đây đã đưa mọi người trở lại chủ đề tạo ra hướng giải quyết khả thi.

Mặc dù XRP đang được chú ý và chạy theo chuyển động của thị trường, nhưng vẫn còn phải xem điều này sẽ ảnh hưởng như thế nào đến giá của nó, hiện đang cho thấy những biến động lớn. Trong tuyên bố của mình, người ủng hộ XRP Bill Morgan đã nêu lên mối lo ngại về khả năng SEC sẽ có thể thay đổi hoạt động bán XRP theo chương trình một cách triệt để hơn trong trường hợp có phán quyết bất lợi trong vụ kiện Coinbase.
Mình cho rằng phần hay nhất của vụ kiện này đã kết thúc rồi, điều quan trọng là XRP không phải là chứng khoán, chỉ có việc bán token của Ripple cho những khách hàng lớn là liên quan đến chứng khoán. Mình thực sự không quan tâm lắm đến vụ việc này vì nó chỉ liên quan đến Ripple mà thôi, không ảnh hưởng đến tiềm năng của XRP token dù XRP chịu tác động từ tương lai của Ripple.

Bản thân mình đứng về phía Ripple, nhưng là kỳ vọng Ripple sẽ dàn xếp vụ này một cách êm đẹp và chúng ta sẽ sớm chấm dứt drama nhàm chán suốt 4 năm qua để sẵn sàng cho một bullrun mới.

9
Tin tức tiền điện tử / Re: Trust Wallet cảnh báo người dùng Iphone về lỗ hổng zero-day
« on: April 18, 2024, 09:18:21 PM »
Quote from: Trongduy on April 18, 2024, 05:05:26 AM
Thực sự có nhiều người mới tham gia thị trường chưa có kiến thức căn bản đủ tốt để phòng vệ trước những rủi ro thất thoát tài sản crypto. Có nhiều người vẫn truy cập các wifi công cộng hoặc sử dụng các app không chính thống và có các dấu hiệu nghi ngờ ăn cắp thông tin người dùng. Tóm lại thị trường nào cũng thế, nhà đầu tư cần tự bảo vệ chính bản thân mình bằng các biện pháp được chuyên gia khuyến cáo trên các kênh thông tin crypto.
Đây là rủi ro mà nhiều người mắc phải: tùy ý kết nối thiết bị chứa ví crypto với những mạng wifi cá nhân, không cân nhắc đến những rủi ro đi kèm. Mình nghĩ tốt nhất là chúng ta tự làm chủ mạng internet mà bản thân sử dụng, tránh những điểm truy cập internet miễn phí và tránh truy cập những website được gửi tùy tiện ra email. Điều đó có thể giúp cho chúng ta tránh được nhiều rủi ro trong thị trường này.

Việc này vẫn sẽ cần được xác nhận lại rõ ràng, mình cũng không hẳn tin tưởng hoàn toàn vào iOS nhưng nó vẫn sẽ là lựa chọn tốt nhất trong thị trường này, hơn hẳn Android hoặc những hệ điều hành tùy biến trên Android. Ví cứng còn tốt hơn, nhưng cũng khá tốn kém và bất tiện.

10
Announcements [ANN] / Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« on: April 17, 2024, 11:33:48 PM »
Quote from: dkbit98 on April 16, 2024, 11:34:32 PM
Mixtum is doing a fine mixing job, but I don't like people using this term ''dirty'' and ''clean'' coins, because it's all based on some centralized closed source list that is storing random addresses and making wild assumptions.

It is really interesting that only with government magic powers coins can become ''clean'' and sold after getting confiscated.
Regular people doing less than this are marked as criminals by the same government  ::)
This makes you think who the real criminals are.
"Dirty" coins are defined as coins that are associated with illegal activities according to the law. When they are confiscated by the government, they are stored by the government, are the property of the state, and they will naturally become legal. Therefore, they can be considered clean when sold on the OTC without any charges, the proceeds will be used for good purposes such as paying salaries for the administrative apparatus or building the country, or at least they want us to believe that.

In any case, MixTum does not serve governments because the maximum amount per Mix is   only 50 BTC  8)

11
Binance Coin (BNB) / Re: Potential price increase of BNB coin in next 2024 cycle
« on: April 17, 2024, 11:19:30 PM »
Quote from: yohananaomi on April 16, 2024, 11:19:59 PM
It seems that Binance will not stop and will continue to burn to reduce supply, which may continue to increase, which, of course, will prevent prices from increasing in the future. Apart from that, they have carried out many innovations because, without any updates, they can reduce the trust of investors who have continued to support them until now.
In my opinion, BNB will be like the event in 2021 which gave a surprise with its ATH, which can be done at the moment when the upcoming increase occurs.
BNB employs two burning mechanisms and will reduce the total supply to 50%: BNB from gas fees on the BNB chain + quarterly BNB burning from Binance CEX revenue. Currently, we have around 150M BNB in circulation, Binance will need to burn another 50M BNB to achieve the original target.

During the crypto winter, Binance's coin burning events did not attract much attention, I think this will change in the bullrun when every positive news is noticed and absorbed into the price. I believe the BNB token will not disappoint BNB holders, but I also dare not have high expectations for a really high ATH for BNB in this cycle because the BNB marketcap is also quite large ~ $80B.

12
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: April 17, 2024, 11:03:13 PM »
Quote from: Dr.Bitcoin_Strange on April 16, 2024, 05:38:24 PM
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.
Cryptocurrency skeptics should read your comment to understand that crypto is not just a pump-and-dump scheme, manipulation, or a market with extremely high risk. Manipulation and high volatility are just a few aspects of the crypto market, and they actually exist in all financial markets, including commodities and stocks. Crypto is still making the lives of many people easier and better, and those who have never experienced the financial difficulties involved in transferring money or storing assets will hardly understand the values   that only exist in crypto!

13
Cryptocurrency Price Speculations / Re: What would you want to have and hodl for 1 year?
« on: April 17, 2024, 10:40:40 PM »
Quote from: philipma1957 on April 01, 2024, 10:48:54 PM
I thought about this a long time. Having to hodl the btc or the 100k for a year makes this a tough call. 

I think I would take the cash.
I believe BTC can reach $150K-$170K in this cycle, and this price zone could be reached by 2025. So, if given the choice to choose and hold, I would definitely take 1 BTC as it would generate a 50% return after 1 year, while USDT can only generate an APR of around 20% per year.

It would be better if we had the option to take $100K and invest it to buy around 1.5 BTC right now ^^

14
Bitcoin Forum / Re: is $60k the floor rate of bitcoin after halving?
« on: April 17, 2024, 10:18:13 PM »
Quote from: SmartGold01 on April 17, 2024, 03:05:42 PM
Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments
I think we need a price chart to make the analysis clearer.

I'm using LPPLS.O1R1 and I believe that the BTC bubble has burst after 20 months. I'm not sure if we'll see a sharp downward correction or just a sideways retesting. In the best case scenario, we can consider $60K to be the bottom of this correction, which is just a retest of the support zone before continuing to grow. In the worst case scenario, we may see BTC retest $40.5K ~ Fibo 0.382. I don't expect this to happen because it's equivalent to a -45% correction for BTC, many ALTS will drop even more!


15
Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?
« on: April 17, 2024, 09:54:37 PM »
Quote from: Agbe on April 15, 2024, 10:51:31 PM
I have 85% in Bitcoin, 10% in Fiat and 5% in altcoins. Even the 10 that I have in fiat is to rebuy bitcoin in the dip so it is a save to buy bitcoin either in the halving or in after All Time High has come and gone then in the dip. And another thing for people to allocate percentage to their crypto assets should also depends on the kind of work they do. And as for me I am going to increase my asset percentage to 95% in the next bear market and share the remaining 5% into two with fiat and altcoins.
85% + 5% = 90% in crypto? You only hold 10% in fiat? You don't have any real estate or precious metals in your portfolio? Wow, you really believe in the potential of this crypto market, and your portfolio is also quite safe with 85% allocated to BTC and only 5% to ALTS. This portfolio is probably bringing you significant returns in this market recovery that has lasted for over a year now, as BTC has outperformed most ALTS in the market.

I'm also holding more BTC than ALTS, but I think I'll be changing my investment plan soon as the halving event is coming up and altseason is expected to start soon in Q3 this year.

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