Show Posts

61

Cryptocurrency discussions / Re: Altcoins in Bitcoin ecosystem

« on: November 30, 2022, 11:02:02 AM »

Quote from: Adam Gil on November 29, 2022, 08:56:33 AM

Blockchain technology is growing rapidly and is changing each day as new initiatives are launched along with new entrepreneurs and users join the fold. We can see how FTX downfall has impacted the crypto market. Many claim that Bitcoin never got effected and its price surge is just an crypto winter phase.

Is Bitcoin really separated from all this? What is the role other cryptocurrency play within the Bitcoin ecosystem? And how do different communities view this?

Bitcoin has had a major influence on the advancement of transaction and financial systems, Bitcoin and altcoins cannot be separated because some altcoin ideas support payment methods using Bitcoin, such as the fork of the Bitcoin network providing a solution for high transaction fees on the network.

The important role of Bitcoin is Blockchain, from there altcoins were developed and many things can be developed on the blockchain, for example DeFi and Metaverse.

62

Cryptocurrency discussions / Re: Your Bitcoin and Ethereum point of view

« on: November 30, 2022, 10:56:01 AM »

The two coins survive because what they went through has happened years ago, the community and investors know what they are doing, from the current situation, the value of Bitcoin and Ethereum is still holding up and that shows the crypto community is very solid.

63

Cryptocurrency Trading / Re: Are alt coins a good investment?

« on: November 29, 2022, 05:49:42 AM »

Investors and project developers have different points of view in choosing coins, for example community coins like memecoin are in demand because they are cheap and can be mined. Alternative coins are always required for investment choices, as some investors will seek to profit from the coins they hold.

64

Cryptocurrency discussions / Re: What is in store for the Russian economy in the near future?

« on: November 29, 2022, 05:33:12 AM »

Many things happened, even the G7 countries wanted to fix the price of crude oil to $65 usd per barrel.

As I see in the news, if the G7 countries fix the price of Russian oil, then it is almost tantamount to sanctions. I hope the war ends soon because this situation affects many things

65

Cryptocurrency discussions / Re: 10,000 BTC May Soon Hit the Markets!

« on: November 29, 2022, 04:55:19 AM »

Bitcoin is still strong in the $15k usd support area, I don't expect it to go down to $14k as there is a lot of pressure exerted by many to sell it as it needs huge funds for other things.

if we look at the recent price hike I think that is good because some long term investors know what they are doing, waiting for the next Bitcoin halving and price to go to ATH I hope.

66

Bounties & Rewards [BOUNTY] / Re: [🦊BOUNTY/SIGNATURE🦊] [Escrowed] Pawsome Game - 15,000 QIE coins (4 weeks)

« on: November 29, 2022, 04:37:34 AM »

Proof of authentication;
Telegram username: @zilan42
Campaigns applied: Signature
QI wallet address: 0xDcC58dE049Ad55a18CFAC3995eba062aB919fE58

67

Binance Smart Chain + Ecosystem / Re: Don't trust easily all BSC tokens

« on: October 16, 2022, 04:32:44 AM »

It is important to read the whitepaper before investing or buying new tokens, some scamers copy and paste whitepapers and create tokens easily, there are many things to research before investing.
New projects usually register tokens on Dex and have no products, but they just make promises and end up rugpull

68

Cryptocurrency Trading / Re: Which is good - crypto Trading or Investing?

« on: October 16, 2022, 04:29:05 AM »

Both have different risks, when you trade and profit, then you can take that profit quickly, different from investing, in my opinion investment requires extra patience, when investing in new coins, then we have to wait for coin listings and other things, it takes time which is old.

69

Cryptocurrency discussions / Re: You Know Qi

« on: October 15, 2022, 11:19:30 AM »

Ok, Qie network uses POW consensus, but why in the coinmarketcap list Qie coins don't use POW tags, it's easier to do a search, I have a list of coins that can be mined because I believe the price will increase in the future.

70

News related to Crypto / Re: Fed Actively Collaborating With OCC & FDIC On Crypto Regulations

« on: October 15, 2022, 11:10:38 AM »

Crypto law doesn't seem necessary if the law is detrimental to crypto users, the number of scams certainly requires legislation so that crypto projects don't end up being scams, but the problem is where the law will be made, The FED seems to want to regulate crypto, but they need to accept ETFBitcoin, it's a thing to do before some rules are applied.

71

Cryptocurrency discussions / Re: When The Market Is Down...I Just Drink Coffee!

« on: October 14, 2022, 11:58:12 AM »

I just sit and drink coffee robusta

There's nothing I can do when the market situation is like now, waiting is a good thing for me, because the portfolio I have is already minus more than -60%. I wish I could do DCA, but I didn't, because I was looking for new tokens with low MC to earn $10 to $15 a day.

72

Cryptocurrency discussions / Re: How true is this?

« on: October 14, 2022, 11:48:18 AM »

DeFi protocol is actually safe to use, but some hackers make many ways to get free tokens from the theft they do, just like what happened to Uniswap, hackers carried out a series of phishing attacks by targeting LP providers and they created fake LP tokens, details:
https://cointelegraph.com/news/more-than-4-7m-stolen-in-uniswap-fake-token-phishing-attack/amp
For now the DeFi platform still has a lot of trust, but the level of vulnerability or hacking will always be there, therefore we must be careful when connecting wallets to Dex exchanges, to avoid phishing sites that can take user funds.

73

Bounties & Rewards [BOUNTY] / Re: [🦊BOUNTY🦊] Dragon Race - $15,000 in DRAGACE (4 weeks)

« on: October 11, 2022, 02:38:59 AM »

74

Cryptocurrency discussions / Re: Don't go looking for hidden gems.

« on: October 11, 2022, 02:34:24 AM »

When a new project does not have a partner like Binance Lab and the project does not have enough funds to develop the project, then the situation will be different, there are many projects that have rugpulled and ended up in fraud because the project was created just to deceive the investors.

Finding hidden gems is not easy, no one even knows that the Bitgert project is able to provide a faster blockchain than Solana.

Don't be fooled by some new projects that can cost you money due to rugpull and scams

Source: https://blog.chainalysis.com/reports/2021-crypto-scam-revenues/

75

Ethereum Forum / Re: Ethereum to the moon

« on: October 11, 2022, 02:19:08 AM »

Quote from: T@M👩 💻 on August 11, 2022, 10:48:52 AM

are we heading to 2k plus. Whats your advice? Should i hop in big?

Ethereum will continue to be below $1500 usd if the price of BTC doesn't reach $25k usd, I have seen this situation all the time, even Merge Ethereum can't make the price go to $3k usd, only Bitcoin halving can change the situation and you can make a big leap .

News:

Messages - zilzylian