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Messages - Dust Farmer

Pages: [1]
1
Other Popular Cryptos / Coins / Re: The solution for cross compatibility
« on: January 31, 2025, 04:13:35 PM »
I've read quite a bit about this token especially since I saw its attempt to make cross-chain interaction easier by presenting itself as a natively chain-agnostic protocol. Either way, the community of the project has been clamoring for more listings and it seems the project's community responded positively to the demands, that's where their tweet about the Bit get listings comes in, the launchpool you mentioned was also from the exchange. https://x.com/OneAnalog/status/1881264265618948361?t=6-wD8jQvgWL_EjZmMuXS4Q&s=19

2
NFTs & Collectibles / A token for the whole Anime fan base?
« on: January 23, 2025, 06:26:17 PM »
Today has been quite interesting, one reason was a token I saw named ANIME. First, I was quite surprised that the Ticker had not yet been taken considering how quick people are to make tokens like that. I've seen a much of other anime related tokens like Luffy and the likes but this was interesting as well.

It's going to be on the Eth and ARB chain, backed by NFT brand Azuki, and is supposed to be the “culture coin of the anime industry”...I'm not buying the that sentiment though, just looks like an attempt to build their audience on with anime watchers but funny enough, it might work. What do you guys think about this token, is this just a futile attempt at trying to make use of an already existing fan base or will it become something impressive?

3
Cryptocurrency discussions / Re: Was the Trump token just an sort of giveaway by Trump?
« on: January 20, 2025, 11:21:58 PM »
Quote from: JoyMarsha on January 20, 2025, 09:37:59 PM
What we should all know about the crypto space is that, it either makes you sticky rich or gets you poor if you choose to be greedy about it. Those who are mostly found to be successful in memecoins are the early investors. If you miss to be among the early investors, it's preferable not to invest in such coins out of FOMO.

When I saw Trump coin trending in the crypto space yesterday, I said to myself many investors would lose to this investment because they want to be rich overnight without learning to invest with what they can afford to lose.
That's just the fact. Greed is the greatest source of the downfall of many in the crypto space. Once you miss a good entry point then the smart thing to do is watch from the sidelines but FOMO just doesn't let people think logically.

4
Cryptocurrency discussions / Re: Was the Trump token just an sort of giveaway by Trump?
« on: January 20, 2025, 11:19:00 PM »
Quote from: Zed0X on January 20, 2025, 10:10:37 PM
Quote from: Dust Farmer on January 20, 2025, 08:47:43 PM
~ At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it.
Losses were from chasing the profit on Trump token? I read that it kind of sucked the money from other markets too that's why a of other tokens in Solana turned red. Perhaps many panicked then sold at a loss as well.

Other then Trump, there was also a token created for Melania. I don't know if that's the 'official' one.
Yeah, same thing I heard as well. It basically drained the entire market for that huge pump. As for the Melania token...I'm not too sure if it was the original or just someone taking advantage of the hype but I'm more inclined to believe it's the latter.

5
Cryptocurrency discussions / Re: Was the Trump token just an sort of giveaway by Trump?
« on: January 20, 2025, 11:16:41 PM »
Quote from: Aanuoluwatofunmi on January 20, 2025, 09:25:39 PM
Quote from: Dust Farmer on January 20, 2025, 08:47:43 PM
There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?

Trump coin is not a shitcoin to an extent because it rises and at the same time falls, but some have already taken advantage of it early arrival opportunity to invest before the market rises and was being listed on exchanges, i will only advise that people don't invest on a long term on some of these memecoins, because if they were actually possessing the characteristics of how other rug-pull, then this may only be a hype to fans enthusiasts over the swearing in ceremonial event to entice his supporters.
It's almost definite that those who know what they are doing will not invest in it long term but it doesn't change the fact that it was still a great opportunity for those who took advantage of it, even despite the even larger number of people who missed the chance.

6
Basic Questions about Cryptos / Dilemma of growing a portfolio
« on: January 20, 2025, 11:10:26 PM »
The last few days has been pretty interesting to say the least with the couple tokens TRUMP and MELANIA putting a smile on the faces of thousands of people around the world and spelling a new era for cryptocurrency...potentially. Either way, that's why I've been thinking of how to build my portfolio or rather expand in it further.

I've seen two tokens that have piqued my interest but still need some research, WEETH and USDE, mainly because I saw a way I can capitalize on by holding both tokens. Still, the other tokens I can consider adding to my portfolio have been pretty elusive so hence my post. What do you guys recommend I should look into and what do you think about the two tokens I chose.

7
Cryptocurrency discussions / Was the Trump token just an sort of giveaway by Trump?
« on: January 20, 2025, 08:47:43 PM »
 There were so many people making life changing amounts from investing in that token early and it's to the point that it's not an exaggeration to say it put a smile on the world's face. At the same time there's the other side of the coin with people losing a whole lot of money due to greed. I heard about a guy who a couple thousand of dollars in the span of a couple of hours and I can only attribute such loss to greed no matter how I look at it. Still, overall it was a great day and opportunity for those who capitalized on this token and also a sad day for those who missed, either way, this is just an amazing way to start 2025, isn't it?

8
Incentivised Posting / Shill / Re: Can Proper Funding Unlock the Potential of Decentralized Security?
« on: January 17, 2025, 08:26:09 PM »
I'm familiar with the project you mentioned. It does look like it has a bit of potential since it already protects around 30 blockchains and more projects. With enough time it can definitely improve the overall security in the cryptocurrency space or serve as the foundation and framework for something better. Until then though, it's simply a project with potential and speaking of its potential, it looks like its token GPS got listed on Bybit, Bitget, Gate and some other exchanges which is a good sign.

9
Incentivised Posting / Shill / Re: The ranking of CEXs by downloads in December 2024
« on: January 12, 2025, 06:30:39 PM »
Quote from: libert19 on January 12, 2025, 09:10:35 AM
Quote from: Dust Farmer on January 11, 2025, 04:21:44 PM
Binance took the lead as usual with Coinbase and Bybit following in succession. What was pretty surprising though was that Bitget actually came in 4th surpassing OKX and Kucoin which was an interesting surprise but still understandable looking at the monthly visits and how their token has been doing recently. Anyway, after Kucoin was Gate followed by MEXC, Kraken, and HTX in the order. What do you guys think, is this list accurate or do you have other opinions on the placement?

Yeah, I am not surprised with Binance being on first position specifically, it has become default choice for people recommending a crypto exchange. BitGet popularity might have to do with their wallet app aside from exchange, I am seeing their wallet app has really become popular lately.
Yeah, Binance is where almost everyone started from...except now when people are starting to pay more attention to other exchanges. As for Bitget, that's a fresh perspective, I always thought it's because of their frequent events and their staking products because that's what got me in the first place. I guess many more factors come into play than I thought about.

10
Incentivised Posting / Shill / Re: The ranking of CEXs by downloads in December 2024
« on: January 12, 2025, 06:25:34 PM »
Quote from: joniboini on January 12, 2025, 07:31:26 AM
Looks like the data comes from Sensor Tower. The name is familiar if you're a gacha game player. I believe some of their stats are hard to verify, so always take them with a grain of salt. Even if this is true, I also think ranking them by downloads is quite flawed. There's a possibility of overlap if we consider this data to represent the numbers of new crypto users. Even if the placement ends up being true, I think they need better methodology to do this. CMIIW.
Yeah, I agree. The excitement just got to me in the heat of the moment causing me to ignore the obvious flaws in the thought process. What better ways do you think we can use to get a more accurate estimate?

11
Incentivised Posting / Shill / Re: The ranking of CEXs by downloads in December 2024
« on: January 12, 2025, 06:23:01 PM »
Quote from: dkbit98 on January 11, 2025, 07:50:06 PM
This numbers look unrealistic to me, and there is a bunch of people who are mostly using web version of exchanges on their desktop devices.
Even if combined download is 15.75 Millions that probably means that one user download and tested several different exchanges and they did that multiple times.
This should be combined with number of website visits, trading volume and other data to get more precise information.
Mmmmn, true. Looks like I didn't think it through as much as I think I did. In that case it will be extremely hard to get the accurate data and we can only estimate though the methods you mentioned like Increase in trading volume and the likes.

12
Incentivised Posting / Shill / The ranking of CEXs by downloads in December 2024
« on: January 11, 2025, 04:21:44 PM »
I was reading through the article written CryptoDep about the downloads of cryptocurrency apps in december with the thought of finding out how much people have been getting into cryptocurrency with the new year coming and the number was staggering. Just for major exchanges the total of downloads in just the year of december was 15.75 M downloads, meaning that the real value is probably more than that even if the value in the article was a bit exaggerated. https://x.com/Crypto_Dep/status/1877345413981708749

Binance took the lead as usual with Coinbase and Bybit following in succession. What was pretty surprising though was that Bitget actually came in 4th surpassing OKX and Kucoin which was an interesting surprise but still understandable looking at the monthly visits and how their token has been doing recently. Anyway, after Kucoin was Gate followed by MEXC, Kraken, and HTX in the order. What do you guys think, is this list accurate or do you have other opinions on the placement?

13
Other Popular Cryptos / Coins / The revival of TON projects?
« on: January 09, 2025, 08:31:40 PM »
The year has just started but we've already been having quite a bunch of pretty nice GameFi tokens like Xter and even U2U but more noteworthy ones are starting to come forth too. Last year was quite lackluster for the GameFi sector but it seems like we can expect something good from them this year. Maybe we can even expect something good from TON projects after their current streak. I saw a new projects named CATGOLD that people have been talking about on Twitter, it's not a tapping project but a normal Play2earn and with the hype behind it and it being the new year and all, I'm strangely optimistic about it, what do you guys thing will happen though? Is it a revival ot just another dud?

14
Solana Forum / Solana's first SVM chain for apps and games
« on: January 07, 2025, 07:49:38 PM »
Last year had a period when we saw meme coins go on a wild ride, the year just began and could GameFi tokens be what we're supposed to watch out for? I was just reading about the first SVM chain for games and apps that recently launched on Solana. Interestingly, it's very optimized for game centric dApps and its also compatible with Solana L1. It's worth reading about it considering it can handle up to a thousand transactions per second which should ensure a smooth performance even on days with high traffic, with its token SONIC that got listed today it's really something to check out. Either way, I'd like to know what you guys think about this project.

15
Basic Questions about Cryptos / Auto investing without fees and some potential rewards, thoughts?
« on: January 06, 2025, 05:59:25 PM »
What are you guy's opinion on bots? I'm not talking about telegram bots but more of exchange bots that basically automate trading. I've been seeing something about an auto investor that helps to...auto invest, that should be self explanatory. Anyway, the main thing that attracted me was the fact that the product is offering trading for zero fees for a while as well as BTC trial funds and even a whole bunch of USDT, apparently up to 110k usdt. Hence the dilemma, I can't just use it if I'm not sure it's advisable so, what do you guys think about it? Yay or nay? Share your thoughts

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