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Messages - Galley

Pages: 1 2 [3] 4 5 ... 54
31
Cryptocurrency discussions / Re: I am expecting more crypto projects in 2022
« on: November 09, 2021, 05:31:52 PM »
This year, after some stagnation, a lot of pretty good projects have appeared. How good they are, we can understand, I think next year. Everything that will work in a year can be considered a working project. And everything mediocre will quickly disappear, possibly also in this year 2021.

32
Cryptocurrency discussions / Re: If you had 10,000$ what would you invest in?
« on: November 08, 2021, 05:15:36 PM »
If I had that kind of money, I would invest half of this money in bitcoin. And the remaining half would be divided equally between SOL and BNB. SOLANA has great potential for growth and BSC is reliable.

33
Cryptocurrency discussions / Re: How Is Crypto In Your Country These Days?
« on: November 08, 2021, 04:28:24 PM »
Quote from: Kitaiev on October 25, 2021, 09:08:58 PM
Everything is good in my country with cryptocurrency. I mean that the state does not plan to prohibit its use it's actively working on the legal framework for cryptocurrencies. The bill is called virtual assets. I personally like this behavior of the state in this matter.

Looks like buddy, the leaders of our countries have similar views on the situation with cryptocurrency. There are serious advances towards the legalization of cryptocurrency. I suspect that members of the government themselves are big fans of cryptography and are most likely the holders of crypto assets.

34
Cryptocurrency discussions / Re: Stock Market Impact on Crypto??
« on: November 08, 2021, 02:05:35 PM »
Cryptocurrency and the stock market are not isolated systems. In the economy, as in the whole world in general, everything is interconnected. Cash flows cannot be in a standing position, otherwise, it will be a swamp. Funds are being poured where they are more in demand and are in a safer state. Therefore, the impact will be felt and this is unambiguous.

35
Cryptocurrency discussions / Re: Crypto that make you something
« on: November 08, 2021, 01:37:08 PM »
As strange as it may seem, it was the altcoins that I trade or hold for a long time that helped me make money. I do not keep my savings in BTC or ETH. If I had enough funds to invest in these coins, I would certainly do it. And so you have to be content with little for lack of more. Nevertheless, I am not complaining about fate, everything starts small.

36
Cryptocurrency discussions / Re: Which exchange do you prefer centralized or decentralized
« on: November 08, 2021, 12:06:56 PM »
For me, there is no particular preference for trading. But recently, I prefer decentralized exchanges. I mainly traded on Binance, but since the mandatory KYC procedure, I have given up on this exchange. In principle, I do not want to go through this procedure. Moreover, the BSC blockchain provides excellent trading opportunities.

37
Cryptocurrency discussions / Re: Old coins should adopt nft trend
« on: November 08, 2021, 11:41:57 AM »
Quote from: Shahinaz on November 07, 2021, 11:07:45 PM
I don't think it takes old coins to make NFT because NFT is only for Games, music and art
and it can be said that NFT only focuses on projects dealing with artwork

Well, I would not say so categorically that NFT only focuses on projects related to art and games. Now there are projects that are implementing a very interesting idea related to the use of NFT on platforms for farming and staking. Check out the POSI and BSW projects.

38
Cryptocurrency discussions / Re: Whats your thought about new projects
« on: November 08, 2021, 10:56:03 AM »
Recently, a lot of good projects based on new blockchains have appeared. One has only to correctly isolate them from an even larger amount of unnecessary garbage to anyone. A lot of interesting things with new ideas, just not enough time to study everything. Now I like projects more than those that were before. The world is developing.

39
Cryptocurrency discussions / Re: Old coins should adopt nft trend
« on: November 07, 2021, 06:44:19 PM »
Quote from: Zezari on November 07, 2021, 07:55:29 AM
They should keep up with the times to improve their product, but not do everything for one project. Each project should develop its own system that it is aimed at and go only forward, or come up with something new.

I agree with you. Why should old projects copy these innovations after new projects? If the old projects managed to go their way and survive, then they are worth something. Now new projects have to prove their viability, and they can come up with the way they want to do it. They are trendsetters.

40
Cryptocurrency discussions / Re: Does pegging crypto to SDR (instead of stable coins) make any difference?
« on: November 07, 2021, 06:27:32 PM »
Quote from: Noverteno on November 07, 2021, 08:31:19 AM
Quote from: madbull on December 30, 2020, 10:17:21 AM
I am into investing DeFi rather than just Bitcoin and Ethereum. DeFi space amuse me with its incredible capability of solving real-world problems. So, I regularly research and invest in DeFi projects. So today, I heard of new term known as "SDR". Created by IMF, it is basically combination of five well-established fiat currencies - the U.S. dollar, the Euro, the Chinese renminbi, the Japanese yen, and the British pound sterling. So, pegging certain crypto coins with SDR instead of stablecoins like USDT, USDC or DAI makes any different?

Let's discuss!
The information presented, in my opinion, is not enough to draw certain conclusions. If the term "SDR" means only the aggregate of the five major currencies of the world - the US dollar, the euro, the Chinese yuan, the Japanese yen and the British pound sterling, and is not exposed in some new shell, then this, in fact, does not change anything. Cryptocurrency is already equated to each of these currencies. Stablecoin is just a shell for fiat, and what is SDR is a little unclear.

I also do not really understand what these innovations are for. In fact, the cryptocurrency is focused on pegging to the US dollar, and the rest are already playing from quotes to the dollar. What else can you think of here?

41
Cryptocurrency discussions / Re: Is cryptocurrency bad for the environment?
« on: November 07, 2021, 05:53:34 PM »
Quote from: Fenix on November 07, 2021, 12:18:38 PM
Quote from: rizqillah on November 07, 2021, 10:03:17 AM
Quote from: Jaephoenix on October 31, 2021, 04:13:04 PM
Yeah, crypto is bad for the environment. Elon Musk apparently ditched bitcoin just because of that reason.   But there are new projects that are geared towards mining via green energy.

People just said crypto is bad for environmental, they didn't give good solution.
Maybe solar energy will be solution for miner.
The government should  build solar energy for the minner.
For trader and investors, I think no matter.
Now it turns out that any production that consumes energy and releases heat into the environment is harmful. This is done by almost any production.
Miners themselves can solve the problem with the use of solar energy. After all, power plants on solar panels can be created of any capacity and simply use the roofs of houses for this. It is not worth shifting this problem onto the state, although it is the state that should create the necessary preferential conditions for the use of solar panels.

Solar energy is an expensive pleasure, and then the manufacture and disposal of these very batteries also harm the environment. But using the heat of volcanoes or geysers is quite the most environmentally friendly way to generate energy for the extraction of cryptocurrency. And some countries are already doing this.

42
Cryptocurrency discussions / Re: Why you support altcoins investment??
« on: November 07, 2021, 05:18:08 PM »
There are several reasons for this choice, but perhaps the most basic is the ability to use the high volatility of altcoins. With a successful combination of circumstances, with a relatively small amount of investment, you can get a good profit, this is especially true at the initial stages of the rise in the price of altcoins. That won't work with bitcoin. Risky, of course, but the risk exists everywhere, including Bitcoin.

43
Cryptocurrency discussions / Re: Have you been buying any Top 20 altcoins?
« on: November 06, 2021, 08:37:23 PM »
Shiba Inu for me is currently a priority investment area. I was very wrong with one meme coin, now I am thinking of restoring the status quo. I have very big plans and hopes for Shiba Inu.

44
Cryptocurrency discussions / Re: KYC at the end of bounty
« on: November 06, 2021, 07:14:08 PM »
I do not understand at all why the KYC procedure is necessary for those who participate in the bounty campaign. This is necessary for investors, they need confirmation of the "purity" of their income. And bounty hunters receive money from the project for the work done, therefore, it is more logical for the team to go through KYC, and this does not always happen. Therefore, I am generally against KYC, even before or after the bounty.

45
Cryptocurrency discussions / Re: Market Up & Down Suggestion
« on: November 06, 2021, 06:32:46 PM »
Quote from: Kitaiev on November 03, 2021, 08:27:26 AM
George Soros advises buying when there is blood in the markets. Now when the market is at its historical maximum it's time to sell and not buy if you follow his advice.
Of course most likely the markets will still grow stronger in the near future but this will already be a couple of tens of percent profit and not a couple of X's from the purchase.
I bought eth at 3500 now it's 4500 in the near future it'll be at 5000 i'll sell at 6000. If something doesn't go according to my scenario then i'll sell eth at 4000 and i'll be in the black and the one who buys now will be in the red.

But after all, someone bought it for 200, and then sold it, when it reached 2500, how can you evaluate it, in the end it turned out to be a winner or in the red. It is difficult to assess it based on the current moment in time and the state of the market.

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