Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: Zardbeig on June 15, 2021, 12:45:13 PM
-
Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.
What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?
-
Oh, I don't know, this whole market situation outrages me. With a couple of his actions, Elon Musk brought down bitcoin, which continues to rapidly lose its position. I do not think that it will collapse completely, but the fact that its fall brought a lot of damage to the crypto world is a fact.
-
And what will happen next? Elon is going to promote some unknown coins like CRP (https://utopia-ecosystem.com/) and other green stuff? Will it work or it's profitable for already stable coins only? As I know, Chia became popular just after Elon mentioned it. So it's a new way of promoting things?
-
I think I saw something about this coin. There is a lot of talk about her on Twitter. If I understand correctly - the main idea is green mining. If this is the case, then this project will sell itself. Especially in view of the chia scandal.
-
Everything around chia is a scandal. At first this market crash, I mean SSD and hard drives. Then the value of chia fell down like a disaster. I knew from the very beginning that it doesn't worth investing.
-
I think that in the end, those who did not expect to get a wild profit by any possible means were right. Still, sometimes it's worth thinking before investing in something dubious and new.
-
I believe it is not the end of the bullrun yet. I think it will last till Fubruary 2022.
Fully agree. It's not the end. Top coins will fall even more and it's not the end. I don't invest in anything for now. Just mine Crypton as it doesn't require any investments and I believe it will rise after the mobile app development. So keep calm and wait for the best moment.
-
I think I'll agree with you. It makes sense to invest in reliable and promising projects that are at the beginning of their development, rather than trying to get a quick profit from unstable, but popular projects.
-
But you should also make great research before doing that. There are so many coins now, that it's easy to get into a scam. I can offer you to check a mining promo action from Utopia p2p https://www.altcoinstalks.com/index.php?topic=223611.0 It started yesterday and everyone can participate. I agree that CRP is very low now, but I believe it will improve with time.
-
Hmm, I might even want to take part in this promotion. For some reason, I am reassured by the fact that I have not found any negative reviews about this project.
-
There are different reviews, like with all the other services. But in case of that promo action, I think it's worth trying as you don't have to invest for that and the coin is mined in a green way, so nothing will happen. Moreover, you can run up to 50 bots on 1 PC and mine 50 times bigger. Isn't it nice?
-
Cool! I wish you success in mining and in promo! I will not stop rejoicing at how the project is a success and enjoys growing popularity among users.
-
the rate of cryptocurrencies reacts to the statements of such financial giants as Elon Musk, this is due to the high volatility of the cryptocurrency. I believe that you need to follow the news, this will allow you not only to predict the rise or fall of the price, but also to make good money.
-
the rate of cryptocurrencies reacts to the statements of such financial giants as Elon Musk, this is due to the high volatility of the cryptocurrency. I believe that you need to follow the news, this will allow you not only to predict the rise or fall of the price, but also to make good money.
But isn't it stupid that the value of coins are changing so fast just because of someone's words? I don't believe in chia and doge that were so much promoted by Elon. Chia is already dying and doge will follow it also, I'm sure. Few days hype can't make any coin stable.
-
Well, of course, you're right. Elon Musk has not said anything about chia coin for a long time. However, he confirmed that one of his companies owns an impressive amount of bitcoin. The situation raises questions, don't you think?
Now Utopia p2p2 announced a new promo action for miners - https://utopiap2p.medium.com/join-cr...s-48ff583faae3 It started yesterday and anyone can participate. They offer a good prize pool and as I've understood, all the mined coins will also remain on users.
-
Sure, no one will take your mined coins back :) You will even get a reward for each certain mined amount. Not many mining cervices will give you any rewards for that. Everything is made in order to attract more users and miners. And the best point is that Utopia p2p project didn't ask for any investments from the very beginning.
-
Sure, no one will take your mined coins back :) You will even get a reward for each certain mined amount. Not many mining cervices will give you any rewards for that. Everything is made in order to attract more users and miners. And the best point is that Utopia p2p project didn't ask for any investments from the very beginning.
Oh yeah. It seems to me that the crypto community still cannot accept unsuccessful investments in chiacoin. Many users have lost large amounts of money and a lot of time.
-
But on the other hand, all the equipment they've bought can be used for more profitable mining of another coin. Even Crypton will be mined in better amounts with a better supply. Of course if all the supplies stay safe after chia mining XD
-
Of course there will be another bull run, many, it all depends on the cycles. In each cycle the total market capitalization is renewed, while some withdraw profits, others invest for the first time to obtain them. Everyone should be clear that Elon does things for his own benefit, Bitcoin does not need Elon, that is something that everyone should know after studying the history of cryptocurrencies a bit.
-
But on the other hand, all the equipment they've bought can be used for more profitable mining of another coin. Even Crypton will be mined in better amounts with a better supply. Of course if all the supplies stay safe after chia mining XD
Yes, they just need to look the other way=)) But unfortunately, most users want to invest in a project that will instantly give them a huge profit. However, this is not always true.
-
Yes, they just need to look the other way=)) But unfortunately, most users want to invest in a project that will instantly give them a huge profit. However, this is not always true.
Those users need to know that organic growth can earn them much more money with less risk, but for that they need patience and education in cryptocurrencies, and very few want to educate themselves and learn. And that is something that many of the users who bought Doge in their ATH are suffering, due to ignorance and looking for quick and easy money.
-
Those users need to know that organic growth can earn them much more money with less risk, but for that they need patience and education in cryptocurrencies, and very few want to educate themselves and learn. And that is something that many of the users who bought Doge in their ATH are suffering, due to ignorance and looking for quick and easy money.
Fully agree. As I can see, you're an expert in cryptocurrencies. So it's interesting to know your meaning about a new UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db) from Utopia p2p. It's 1:1 with US dollar and is backed by DAI cryptocurrency. Isn't it something that is really needed?
Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.
-
very soon Musk's tweets won't ever have any weight
-
very soon Musk's tweets won't ever have any weight
I don't think that will ever happen. Unfortunately, people need someone to follow to try to be "like that person" and fulfill their dreams, they can be singers, politicians, actors or rich people as in this case. It is sad to see how so many people are unable to think for themselves, putting their frustrations and dreams in the hands of other people. That is why Musk's words will always carry weight, there will always be someone who will pay attention to those words.
-
We can talk not only about Musk. I think that in the case of most opinion leaders, such an algorithm will be relevant. Until the community learns to think critically and has its own point of view, it will be too easy to manipulate. It doesn't matter consciously or not.
-
We can talk not only about Musk. I think that in the case of most opinion leaders, such an algorithm will be relevant. Until the community learns to think critically and has its own point of view, it will be too easy to manipulate. It doesn't matter consciously or not.
It is precisely the people who follow Elon Musk who I do not think are part of the community, I think rather that they may be "new investors", to call them in some way. If everyone (or almost everyone) were part of the community, Elon's words would be irrelevant or have minimal impact on the way people act and the market behaves. The problem is the same as always, people who believe that investing $10 in Doge today will make them millionaires like Elon tomorrow. But that does not happen only with Doge, it happens with many more projects, and that tells us that it is a problem of education about cryptocurrencies.
-
Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.
Where is spam in my words? Am I not able to ask people for their opinion on some coins? If I'm not an expert in crypto, I look for help on such forums, etc. I think that I have a right for that. Thanks.
-
Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.
Where is spam in my words? Am I not able to ask people for their opinion on some coins? If I'm not an expert in crypto, I look for help on such forums, etc. I think that I have a right for that. Thanks.
Of course, you can ask for the opinion of others, but don't talk in every thread about UUSD, that's spam. If you really wanted to know the opinion of users about UUSD, the first thing you would have done is open a thread explaining the characteristics of the project. That is the best way to make a project known to people.
-
Yes, you're right. In addition, there are a huge number of crypto-hunters who fanatically follow any opportunity to get some profit quickly and with minimal costs. I think that it was because of them that the same scandal was inflated, as for example with ciabatta.
-
Dear is there any logic between the Elon Musk tweet and the bitcoin or dogecoin price? I think there may be half chances because when people see the tweet they think that the price of bitcoin or dogecoin will increase because Elonmusk has tweeted and people will invest in these coins.