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Messages - TomPluz

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Privacy Coins Forum / Re: Why is there no interest in DGB?

« on: Today at 09:19:55 AM »

Quote from: Trongduy on April 26, 2025, 06:23:47 AM

As an investor, why roll the dice with DGB when you can snag some BTC and sleep a little sounder at night?

Indeed, you can be right. Now, of course, DGB is of the past though there are many ways to resurrect it by making it attractive to new buyers and investors by maybe providing new innovations under its wings. Or the devs still behind it can rebrand the said network and make some fanfare as part of marketing it to the people. Of course, just like you, am also afraid of bigger risks so I would just stick to Bitcoin for now. My appreciation to all people who continually hold DGB in their wallets in the hope that it can travel back to the past and explode on its glory. They can still make DGB the past, the present and the future rolled into ONE.

Ethereum Forum / Re: What would happen if the ETH went back to POW (Proof of Work)?

« on: Today at 09:06:39 AM »

Realistically speaking, there is now no turning back for Ethereum to the previous Proof-of-Work because doing so can destroy their credibility and can roll back the many progress the network already achieved. So it would be some kind of crazy for Ethereum devs to do it. I am also wondering if there is already a precedent of a network going back to the past because if there is none the more it would be impossible for Ethereum to do it. Now, in case that it can happen, then am sure it can create more chaos for Ethereum and can negatively affects its price and its supporters may drop it dead in the middle of the winter, so to speak. In addition, doing so can put more pressure on the weight of Vitalik Buterin leading him to suffer anorexia (just kidding!).

Cryptocurrency discussions / Re: What’s the biggest lie we’re all telling ourselves in crypto right now?

« on: Today at 08:51:56 AM »

I have no lie to share when it comes to money and my involvement with cryptocurrency industry. I already admitted it years ago that first and foremost am here for the money because if I was sure that there is no money that can be made here then maybe I would decide that I won't waste my time here, And I know am not alone on this aspect. We are all human beings and we need money. And if there is somebody who is not for the money then maybe he can be here for no reason at all. Now, that does not mean that we are all limited to money because if one is not providing something valuable then money will not come, in the first place. And that truth goes a lot to platforms and projects all vying for our attention...if they can not provide innovations then money will not come gushing like a spring.

Basic Questions about Cryptos / Re: What tips can you share about this for us who did not attend ?

« on: Today at 08:34:42 AM »

I am hoping there can a similar event in many countries too and not just in an international city like Dubai. For sure, this event can be a big push for the whole cryptocurrency industry and participating platforms are given the chance to showcase what they got on a face-to-face basis and not just digitally. I have not attended the said event and it is because I could not afford to go abroad yet. I am actually hoping that this forum can afford to send someone to such an event and can be able to rent a space in there so that people in this industry can very much be aware of our presence.

News related to Crypto / Sam Altman’s Eyeball-Scanning Crypto Project Hits the US

« on: Today at 08:22:32 AM »

Quote

World has launched its biometric ID system stateside after years of regulatory hedging and global controversy. The promise of free crypto in exchange for your biometric data is now live in the U.S., courtesy of World, the eyeball-scanning project co-founded by OpenAI CEO Sam Altman.

It announced Wednesday that it is officially rolling out its orbs in six major American cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. While it toured its orbs around the U.S. in earlier promotional efforts, it stopped short of offering full services stateside.

The U.S. debut for World, formerly known as Worldcoin, comes far later than other jurisdictions across Europe, South America, Africa, and Asia.

Get more details of this development here at Decrypto.co.

I am sure this is a game-changing roll-up for World platform which is under the leadership of Sam Altman, giving us the convergence of AI, cryptocurrency, blockchain technology and the component called as "proof of human" and in return we are supposed to be getting something for the data we share with them.

What is your own opinion on this development...is this something we should embrace and cherish or be careful with treading?

News related to Crypto / Re: Bitcoin whales accumulate $11 billion in two weeks

« on: Today at 08:12:05 AM »

Quote from: Brijesh on March 28, 2025, 07:17:54 AM

From last few weeks bitcoin got dip and again bounce back to 88k, whales are accumulate bitcoin and we are retailers are selling because of some political drama like tariffs war, trumps new policy but big whales continue accumulate bitcoin it means soon bitcoin will hit new all time high again...

Such scenario really characterizes the big difference an ordinary small retail investors to a whale. I am not saying that there is something wrong with us but our thinking has become narrow-minded that we lost the long-term view while holding on to Bitcoin. The fruits or profits will really come later and that requires patience and time...not unless we think of the future our Bitcoin will just go to waste and gobbled by the whales. When whales accumulate that can be a big signal that we might expect some dramatic rebound happening for Bitcoin...and i am excited if it is possible we can do a new ATH this time around.

News related to Crypto / Re: Dogecoin looks certain to clinch the first meme coins ETF.

« on: April 30, 2025, 04:14:21 PM »

While I am for sure that soon we could have a Dogecoin ETFs on the market and that it can be a catalyst for others to also file ETFs for similar memecoins, I am not quite sure if SEC will eventually approve another memecoin ETF without first giving time to Dogecoin and its performance in the market. Will it excite the usual investors or will they turn away...let's all find out. While I am supporting Dogecoin ETF am not actually excited for it though am hoping it can be as successful as that of Bitcoin. This news can send the price of Dogecoin to another level and if approval will happen then we can expect it to moon...what will happen afterwards will be another story though.

Ethereum Forum / Re: Why do you think ETH was not able to make a new All time high?

« on: April 30, 2025, 08:55:16 AM »

Ethereum has already lost a big part of its competitive edge and unless it can find to bring the magic back this can have a hard time to break the $2500 level and make another new ATH. This can be the biggest challenge to the team of Vitalik Buterin: to find the problems weighing on the network and to come up with more innovations that can match what other networks can provide. These days, Ethereum is not anymore THE option but just one of the many...and sadly many developers are switching to other players like Solana and similar platforms. Ethereum has to offer something new, better, bolder and of course a lot cheaper than those already available in the crypto market.

Ethereum Forum / Re: ethereum etf gets massive inflows

« on: April 30, 2025, 08:44:39 AM »

Quote from: densuj on April 30, 2025, 06:27:55 AM

Ethereum ETFs have experienced periods of massive inflows in late 2024 and early 2025, recent months show increased volatility with significant outflows, suggesting investor sentiment is mixed. That's why the price of Ethereum is still not going up and it is really hard for the Ethereum price to going up...😊

These days, most especially for both Bitcoin and Ethereum, ETF inflows and outflows have become the barometers of the market confidence on both assets and will be telling us the direction of the price of the assets, Unfortunately, this is not good for Ethereum though I have seen some uptick in the past many days due to the influence of Bitcoin. For now, maybe the market is not so good for Ethereum though there is still a big possibility of a rebound most especially if Bitcoin can maintain its bullishness and can show up in the $100K vicinity. Once can only wonder: what is happening with Ethereum and where is the much-needed excitement that it exhibited in the past? Are we already in the threshold of it losing the grip of the market or should we wait for its saving grace?

Cryptocurrency discussions / Re: What aspect of Crypto is likely gambling?

« on: April 30, 2025, 08:06:49 AM »

Honestly speaking, in everything we do in life there is an element of gambling involved and it is because we can never be sure of the outcome. We can either win or lose and in that scenario we gamble. However, if we go strict in defining what gambling is, many of the things we do in cryptocurrency space may not really qualify as such. Take for example, trading is not gambling but if one is careless and has no strategy utilized and would just depend on his emotions and hunch then what he is doing can also be a type of gambling. When one is investing with a memecoin without knowing the full details and without analyzing the parameters and just wishing that its price will go to the moon soon, then what one is doing can be gambling. When one is reckless in deciding on anything then there can be a gamble involved...one that can cost money and can destroy lives in the process. One element of gambling is addiction and that is one should be watching out for as addiction can come in many forms and sizes.

News related to Crypto / UK Reveals Draft Crypto Laws for Growth, Investor Protection

« on: April 30, 2025, 07:50:39 AM »

Quote

The United Kingdom has unveiled draft crypto laws that aim to give investors confidence while regulating more parts of the industry. Around 12% of UK citizens owned cryptocurrency as of August 2024.

A 27-page draft document of Order 2025 of the Financial Services and Market Act 2000 and an accompanying policy explainer highlights new definitions for crypto assets like stablecoins, while bringing acts like custodying crypto assets and operating crypto exchanges into the regulatory fold.

“Through our Plan for Change, we are making Britain the best place in the world to innovate—and the safest place for consumers,” said UK Chancellor of the Exchequer Rachel Reeves, in a statement. “Robust rules around crypto will boost investor confidence, support the growth of fintech, and protect people across the UK.”

Get more details on this development in Decrypt.Co.

I am really hoping that this can be approved as a law for crypto in UK and though this can mean more regulations for the industry it can come with many possible benefits. I am not familiar with the UK crypto scene but I am sure they can be able to contribute a lot to the industry if given the chance to and not anymore think of what can be later with murky treatment from the government. There is really that need to clear things and to define matters so that the field is fair and a lot simpler.

What do you think on this possible coming UK regulatory law on crypto?

News related to Crypto / Re: Celsius Crypto Victims Demand Life Sentence for Alex Mashinsky, Saying He ...

« on: April 30, 2025, 07:36:44 AM »

There is already the need for a wide-ranging law on cryptocurrency regulations that includes punishment for those who use this industry as a way to enrich themselves and to victimize other people by offering scam programs. The law should cater more to giving justice to the victims and not giving leniency and understanding to the perpetrators. Unless we are sending a strong message to scammers, fraudsters and hackers, these evil people will continue to do their business of robbing people digitally and will continue to use cryptocurrency as a tool for their deception. The biggest lesson here is to be careful not be attracted to greedy programs that will eventually collapse and thereby we lose the money we depend on. In addition, the DOJ is actually just seeking 20 years for Alex Mashinsky which is to me lighter but maybe this can be the maximum time allowed by the current law.

Other Popular Cryptos / Coins / Re: Do people still make money from TAP2EARN?

« on: April 29, 2025, 08:15:57 AM »

Now, it is very obvious that the P2E, T2E or similar concept have already lost their narrative luster as many are getting discouraged with the rewards they eventually received compared to the time and effort invested. Naturally, with millions participating there is no way that a project can pay many with something valuable once the coin will be available in exchanges. So we can now conclude that this very idea is not really sustainable...akin to what happened in 2017 and 2018 with the ICO craze. However, it does not mean that there can never be some breakthroughs but finding and searching which of the many projects on the market will be successful can itself be stressful. And when something is not anymore profitable, of course, people will start to focus somewhere else.

Ethereum Forum / Re: Leaving Ethereum out of the portfolio, a wise move or a mistake

« on: April 29, 2025, 07:39:45 AM »

Quote from: examplens on April 28, 2025, 11:31:07 AM

An interesting meme is circulating these days, which confirms that I am not the only one who thinks in this direction when it comes to Ethereum.

That is a little bit funny...imagine inducting Ethereum into the club whose membership includes Nokia and Explorer...maybe Kodak and Yahoo should also be there. Seriously though, maybe Ethereum is not yet in that category and there is still that chance of a resurgence soon, who knows what can be. What is certain is that there is really a big problem with Ethereum and there is a big challenge for it to correct everything and not just use a band-aid. I still believe in Ethereum though I admit it am getting discouraged, seems to me that Vitalik Buterin team is not doing enough or maybe they have already dried up their creative juices.

Meme Coins / Re: How do you stay positive as a degen trader?

« on: April 29, 2025, 07:29:03 AM »

Now, you know the other side of trading memecoins. I am hoping that you learned your lessons and would dramatically adjust your sails. I am not yet into memecoins all because I am so afraid of the risks involved but I know and aware that there can be big money potentially hiding in there, that is if your moves would turn out to be green. Maybe you just need to hone and make your strategy more effective. Always remember what you already gained so you will not be discouraged and always remember that there can be a pot of gold at the end of the rainbow.