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Messages - royalfestus

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Altcoin Username: royalfestus
BTC Segwit/Bech32 wallet address: bc1qqwn9f5g0w0cddemgd0fcz5nule337nxzexvghu

2
Cryptocurrency discussions / Re: Paper Money vs. Digital Currency
« on: April 10, 2022, 11:44:45 PM »
The non-fiat policy from govt lately gives the same possesion to onwers holding USDT. Digital currency is portable and the stable form is for project developing. Governmet will give the endorse to any reliable stable coin irrespective there provision

3
Cryptocurrency discussions / Re: China is a non-factor
« on: April 10, 2022, 11:36:28 PM »
This could all change after the latest news that it appears the Russian government may accept Bitcoin for its oil and gas exports and that Russia may very well pass the law allowing crypto mining in Russia. If these two proposals are finally approved and Russia sells oil or gas to China, all this could give a radical turn to the situation. China would be a very important player, and their actions could have far greater effects (good or bad) than we have seen so far in the cryptocurrency market.
It could be interesting to believe cryptocurrency can replaced dollar in the economic situation of russia but it was the best time for putin to adopt rubies to replace dollar and others in transaction . The annoucement restore the coin price in march and expect more rection from Russia Governenmnet

4
Internet affect the overal of cryptocurrency, from mining to exchange and every other transactions. There are some insinuation that I cant confirm at the moment on the ability to use bitcoin without internet but it is not possible to end internet around the world at the same time

5
Cryptocurrency discussions / Re: Has the market trend changed?
« on: April 10, 2022, 07:12:41 PM »
My only pain is that I've been sleeping ever since I got into crypto in 2016, been sleeping and I don't even know it, I just woke up, I never believed doge could ever cross $0.1 usd, but here today, it's top five largest crypto coin, a meme coin, a coin created just for fun, a coin not technologically backed in any way, the market truly is changed in a way and hopefully, the change will come up towards the coins we hold so we can make some good money too. Haha
Its a surprise to lot of people/influencer even Zhu claim he was a shame at its outlook on the coin. I think the next bull market will see new top influencer,s maybe in a higher class than Elon musk. Then people might likely follow influencers irrespective of the type of coin. However, doge might likely see new used cases

6
Its became a trend for scammers nowadays. When Shiba Inu goes viral, you will see many copycat meme projects listing multiple exchanges and presales. Most of them are probably dead by now. It's become very predictable right now because this happens in every bull run. There are some project doing very good.
The big memes in the space got active communities, strong social media presence, influencers and big money to pump. They usually pump for a very long period, sometimes in months. People dont get to understand the tokenomics of most memes and whales activities, if they got a good exchange, they have upper hand

7
Bitcoin Forum / Re: No More Panic In This Bitcoin Dip
« on: April 10, 2022, 12:13:21 AM »
onchain analysis believe that the resistance at 47k is as a result of some hodler or week hands taking profit as a result of the fear and some investors are buying now. Miners are not complaining at the moment on the price because they are still making huge profit

8
Ethereum Forum / Re: ETH vs BNB,DOT,ADA...
« on: April 09, 2022, 11:56:09 PM »
Now almost peoples will use the ETH but some new projects now cancel the ETH wallet and they start to use the TRON wallet and also the BNB wallet becasue of fee and this is true that the fee is low then the ETH wallet.

I think many new projects have migrated to BSC more. Than TRON. Because ERC20 gas fee is so high . I think If you asked ETHvs BNB DOT ADA. etheruem is better, but BNB is good competitor for Ethereum now.
Tron is predicted to see lawsuit soon like ripple, I think is a reason the project CEO is quiet and silently acquiring bitcoin and ethereum that managing his project. Blockchain with many decentralised exchanges are likely to do better because of the platform to trade their token. Very few Defi on tron did well, same as NFTs because of the tag on

9
Bitcoin Forum / Re: Things To Push Bitcoin Beyond $50K
« on: April 09, 2022, 11:48:12 PM »
We might need another halving to push bitcoin toward 100k and beyond. The world economy at this moment is a very big factor for weak price. The inflation is crazy and lots of process are in the government to remove money from circulation. Interest rate has a massive effect on government free money in the economy and this have a great effect on crypto price

10
Sorting Box / Re: Does all crypto exchanges have their own wallet?
« on: April 09, 2022, 11:43:29 PM »
Some crypto exchange platforms goes up to the level of having their own exchange wallet, does all of these crypto exchange platforms have their own wallet?
Also some have their wallet in their exchange app/website and others have their wallet as an app on their. Are there any crypto exchange platform that doesn't have it's own wallet?
There is no way an exchange will not have a wallet, just that the type of wallet is different for security reasons. They combine the use of hot wallet and cold wallet, deposited coins are usually moved into hotwallet, this wallet stay online for trading and many more

11
Litecoin Forum / Re: Litecoin vs Waves which is Better?
« on: April 08, 2022, 09:05:19 AM »
Have been dissappointed with the run of waves, litecoin is an hardfork of bitcoin. They are struggle to keep the community up as early altcoins in the wave. Waves was launched close to ethereum and the other has done better, I last visted the waves exchange and wallet more than 5 years ago. Although it had the new ATH 8 days ago, the space does not react to at has it used to because of the quiet community

12
Cryptocurrency discussions / Re: KYC at the end of bounty
« on: April 08, 2022, 12:18:15 AM »
Not only you, almost all of majority member here didn't agree to share their ID at the end of bounty. It seems just strategy to collect KYC.
I agree with you, and other that disagree to fulfill KYC for bounty campaign.
For presale or exchange I will do, but not for bounty campaign.

#DevelopmentTeams know very well that bounty hunters don't want to share their private data with companies, that's why some teams that don't want to pay or want to pay less use the KYC excuse. That way the team doesn't pay a lot of coins/tokens and when the bounty hunters demand the teams pay they hide behind KYC, it's a shame but I've seen it on several occasions. Not many months ago something similar happened on this forum with a bounty.
This has decline so much with bounty but the some team demand in some cases which I found unacceptable especially when they were not preinformed before the bounty begins. There are fewer bounties because of the state in cryptocurrency now, more so the payment are just getting smaller

13
Cryptocurrency discussions / Re: Cryptocurrency is the Future of Money
« on: April 08, 2022, 12:05:01 AM »
I just hope cryptocurrency keeps assuming new roles in finance as year pass that can exceed fiat and prove that digital wealth is safe, fast and genuine. I hope to a see more financial use asides defi that will be engaging and benefit an ordinary man

14
Good to know that Fed caught the scammers, it's really difficult to track the scammers especially they using the services to cover it.. The scammers are ruining the image of cryptocurrency.
I'm really against the KYC for crypto but if it is for preventing illegal activities then I go for it.
Most projects dont need the KYC like they present it and at the end the private information are sold out. Sometimes I feel IDO would have given a safer platform for crowdfunding but the influence of VCs in the space is getting overwhelming on  delivery of the projects

15
Government cant be trust with the opinion on bitcoin and cryptocurrency at large

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