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Messages - TomPluz

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Banks & Cryptos / Re: Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate E

« on: Today at 10:08:42 AM »

Quote from: joniboini on May 05, 2024, 05:58:58 PM

Will they bail out some big players in the future, or will they let them die because of the free market principle (CMIIW)?

You can expect the federal government of USA to bail big banks in case there will be no ready buyers for them. Now, what happened is that many depositors are transferring their business to big banks as they feel uneasy with smaller banks in case the government will not do anything on their behalf in order to survive well. Last year was a nightmare for the Biden administration as it feared a repeat of 2008 that resulted into big financial bloodbath that spread into other countries as well. However, the same problems and weaknesses are still prevalent in the banking sector and one day the dam will be broken and an avalanche that can't be stopped will materialize unless something concrete are programmed to cure the wound. And this can happen if the American people will give Biden another chance come November.

Cryptocurrency discussions / Re: are you joining GME?

« on: Today at 09:45:53 AM »

Many people are surprised to see some exciting news on GME as it roared back into action in 2024 after it made historic and shocking precedents in 2021 which is essentially a big revolt against the Wall Street hegemony. This time around the soar happened after Keith Gill, known by his online persona of "Roaring Kitty" posted to social media for the first time in nearly three years after what he did for GME years back. GME skyrocketed to 90% and made some good money along the way. This is actually a very interesting story but since I know the risk of riding a trend like this I am shying away from GME and I would not also be buying memecoins on GME as we know this is just a flash one. I think Roaring Kitty has successfully established for himself a cult following and this is one way for them to let the world know they existed and that they are still powerful like a broom that can wipe out dirt.

News related to Crypto / Re: Analysts: Gold Rush In China Is Propping Prices Up

« on: Today at 09:29:41 AM »

As more and more people can feel the many choking points of the global economy - and as felt in China's economy - investors small and big would be looking for the best, solid and viable alternatives and since Chinese may have a hard time getting into Bitcoin they are now turning to gold. As pointed and suggested by Robert Kiyosaki, we need to be serious with gold, silver and Bitcoin in no particular order of preference. One article I read suggested that gold will one day be reaching $10,000 per ounce and surely the future of gold is looking good as "...the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S. sanctions have contributed to this end." So what should we do? Buy gold and silver together with Bitcoin, of course. Now, where is my money?

News related to Crypto / Re: ‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’

« on: Today at 09:20:11 AM »

This is a good interview which is putting a balance for people who are involved with cryptocurrency. While Steve Eisman is not into Bitcoin and cryptocurrency and is not actually a believe on the trend, one thing for sure is that unlike some other big personalities he is not criticizing it badly. I am sure he got some basis of his own why he is avoiding cryptocurrency and to some degree I would agree with him...the cryptocurrency market is now lead mostly by speculations in the name of making profits and not anymore on the benefits that the industry can really share with the people. Though, of course, since we are all humans, we are all motivated by greed in many aspects of our lives and this motivation is clearly seen in cryptocurrency business the way we are seeing it now. Without balancing things out, we would reap bad consequences later.

Bitcoin Forum / Re: What has been the bitcoin price performance since the halving?

« on: Today at 04:24:53 AM »

I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.

Bounties & Rewards [BOUNTY] / Re: ✅[BOUNTY] ✅ Anaphora AI -Listed ✅ $30K Rewards ! 2 Week Campaign ✅ESCROWED✅

« on: Today at 02:59:48 AM »

News related to Crypto / Re: 90% of Ethereum, Tron, Solana Stablecoin Transactions Are ‘Inorgranic Activit...

« on: May 14, 2024, 04:23:26 PM »

Quote from: ABCbits on May 13, 2024, 12:39:31 PM

Visa's argument that transaction made by bot isn't organic somewhat makes sense to me. Although i also feel they said that since they want to reassure that Visa remain more popular option. Your opinion is greatly appreciated.

I fully agree since there is no arguing with facts presented by Visa and Allium. Though, of course, this can be self-serving since Visa is presenting this to make its own platform get a better limelight as many of us might be thinking and assuming that stablecoins can soon be replacing what Visa and similar outfits are providing. However, it should be noted that the replacement can be coming but it may not be happening soon. The market that Visa and Mastercard, for that matter, are occupying is quite so huge and it can take a lot of years and yes even decades for them to fall down in grace.

Reputation, Scams & Phishing / Re: Another Freewallet accusation of scam: €50,000 stolen from a resident of Spain

« on: May 14, 2024, 03:58:22 PM »

Now, Freewallet can now already be categized as an international scam having victimized many people from different countries. I am really hoping that there can be wide investigation on the matter and those people responsible for siphoning valuable digital assets can be brought to court and face the crime they committed. People who are long users of the wallet am sure bestowed a lot of trust and confidence on the said platform and then suddenly the wallet betrayed them especially when their wallet already contained high value of digital coins. We should be making unrelentless follow-up on this matter so victims can see the justice they deserved. I am not a victim of Freewallet but I am sympathizing with these people who are innocent. Surely, this is another blackeye for the cryptocurrency industry and one that must stop as soon as possible!

Reputation, Scams & Phishing / Re: Freewallet scam - FAQ

« on: May 14, 2024, 03:51:55 PM »

To have victimized so many people out of their hard-earned digital assets, I am sure that the evil people Freewallet are actually good on what they are doing and they are following a plan on what to do from time to time. I am glad to see that now Freewallet is exposed as it should be, just another scam bug that the cryptocurrency industry must never have a place to do business with. I have never heard Freewallet before and I am glad that am not one of its crying and angry victims. We need to tell the world on Freewallet and the things that it has done so no new people will be added on the victim list. I will be posting this on my social media accounts so we can spread this warning against Freewallet.

Cryptocurrency discussions / Re: Bank AML is treated very differently from crypto (Standard Chartered)

« on: May 14, 2024, 02:26:00 PM »

I am not so surprised with this analysis as we know that the government is really targetting the cryptocurrency industry and its related business for specific charge against money laundering for the purpose of "killing" it as they hate the industry so much. Cryptocurrency is representing something the government can not control and understood well so they are trying lawfare campaign to somehow influence its growth potential as more and more people are getting interested with it. I am sure that there will be more expose along this line as years will go by. And who knows there will come a time when a class action suit can be launched against the government whom we elected to serve us, in the first place.

Reputation, Scams & Phishing / Re: Crypto scam cause to lost $71 million, an unbelievable trick surprise the world

« on: May 14, 2024, 02:08:32 PM »

Quote from: robelneo on May 11, 2024, 07:46:32 PM

This is millions worth of assets, so why hurry to verify? I usually check the first, middle and last part of my address, and before sending, I scan both addresses for verification. I usually take 5 minutes, and when I'm 100% sure that's the time that I'm going to send the funds, the sender may not even be aware of that scam method, so he was comfortable sending it.

I am sure that at the time the owner of the wallet was then confident of what he did. He never thought that something like this can happen to him and he'll be a part of the victim statistic. One thing for sure is that he was identified as someone with millions of digital assets hence there was really an operation targeted to his end. This is one thing that one should be careful with when you already have millions on your wallet as you don't know that a sophisticated malware can be residing in your gadget and is just waiting for the right time to attack. I am sure there are now also advanced program that can thwart an address poisoning attempt so if you are already a digital millionaire better get one and still be safe always.

Bitcoin Forum / Re: The anti-mixer arm of Congress

« on: May 11, 2024, 12:19:41 PM »

To be honest on this matter, Democrats are more of an enemy to the whole cryptocurrency industry, at least compared to Republicans. Many of them actually do not have a comprehensive grasp of the industry and the positive impact that this industry can create if allowed to bloom with minimum government interference. Yet a lot of these Democrats were actually beneficiaries of the "kindness" of SBF by donating millions to their election coffers. I could not imagine what can happen to crypto if both the House and the Senate are controlled by Democrats. I am hoping that the White House will welcome back Donald J. Trump in January 20 and that both legislative bodies can be controlled by Republican lawmakers as the election in November is getting nearer. I am looking forward that a better and more viable regulatory framework can be established in the second term of Trump as he is known to be more open and friendlier to crypto than the senile Joe Biden who could not even define cryptocurrency and Bitcoin is.

Philippines (Tagalog) / Re: Ano nga ba ang posibleng mangyari sa presyo ng Bitcoin?

« on: May 11, 2024, 11:50:58 AM »

Quote from: jeraldskie11 on May 09, 2024, 05:33:27 PM

Sa pamamagitan ng Market Structure, Indicators, at Halving history ng Bitcoin, masasabi kung malaki ang posibilidad na aabot ng $100k ang presyo, at ang kasalukuyang nangyayari market ngayon ay isa lamang retracement.

Tama ka kaya pansamantala lamang ang parang paghina ng Bitcoin na isang malaking pagkakataon para sa lahat na makabili ng mas mura at ng mas marami pang BTC sa merkado. Marami akong nababasang mga analysis online at halos lahat nagsasabi na eventually ay gagawa ng mas malaking ATH ang Bitcoin pero sa pagkakataong ito parang sa 2025 pa mangyayari o kundiman ay sa katapusan ng taong ito. Sa nangyari sa BTC sa taong ito na isang halving year masasabi talaga nating iiba ito kaya masanay na tayo sa BTC na di na sumusunod sa mga tinatawag na history precedents at gumagawa na sya ng kanyang bagong daan at sigurado ako na mas exciting ang daang tatahakin ng BTC sa mga susunod na mga buwan kumpara sa nakaraan. Wag lang tayo mainip at mawalan ng pag-asa dahil pag bibitiwan natin ang Bitcoin sigurado darating ang panahon na mapailing na lang tayo sa paghihinayang.

Bounties & Rewards [BOUNTY] / Re: ✅[BOUNTY] ✅ Gas Wizard ✅ 40K$ worth of $GWIZ Token Rewards ! 4 Week Campaign✅

« on: May 11, 2024, 05:47:39 AM »

News related to Crypto / Re: Trump Attacks Biden's Crypto Awareness, Says 'Biden Doesn't Even Know What It Is

« on: May 10, 2024, 12:03:19 PM »

One of the many things Trump is known for and one that endear many people to his side is his entertaining way of criticizing Joe Biden, the presumptive Democratic nominee and his main rival in the coming November presidential election which is surely going to be an epic fight between two old men where one is still kicking and the one is obviously suffering from dementia. Surely, I have never heard Joe Biden talk about cryptocurrency and his many plans for the industry as he is mostly represented by salty Gary Gensler. Now, I am assuming that the cryptocurrency industry in USA is now seeing that Trump is a lot friendlier to it than Biden and I already see a post detailing why Trump can be better for cryptocurrency if he will win in November. In the end, may the best man win for the most stressful job in the world, the presidency of the United States of America.