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Messages - Amphenomenon

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1
Altcoinstalk username: Amphenomenon
Bech32 address: bc1q5h3fghn0qs5sa9gvf37l3nyd37x36unldfcpvw

3
So, newbies need to use their brains and try to gain some knowledge before they start making investments or trading because even if they manage to get some profit initially, they are soon going to lose more than what they gained.
This is an actual fact about everything, majority of the newbies want to get the biggest ROI in a short period of time, having little to no risk management that is actually helping them. This is simply because majority ignore the most important factor for every investment which is DYOR from the right site, people or platforms, thereby gaining the right knowledge to venture into any investment and avoid risk of losing their money.

4
This is where newbies make mistakes sometimes trying to go all in on a meme coin when they don't have proper information about it other than just hype on platforms like X.
That's a nightmare...newbies think that something that has a big opportunity is something that must be done immediately... whereas the risk of memecoin is very big, and rather than many people getting rich from memecoin, there are actually more people who lose from memecoin... it's just that the publicity is not as much as the people who succeed....
One of the most dangerous things is people who choose to jump into memecoin when they first get to know crypto... sooner or later they will run out of money when they make just one mistake...
Quick money blur rationality that often cause  regrets and bankruptcy in the long run. The project team and promoters majorly care about they making their money and nothing more. When the investors complain about it, promoters can speak of the fact that these investors ought to have known fully about the risk of meme coin investments.

This are ways many become enlightened, although I'm not ignoring the fact that some might tagged all cryptocurrency including Bitcoin bad  after that but unfortunately just to ignorant to see the difference.
 

5
Announcements [ANN] / Re: ChainSwap - NO KYC Cryptocurrency Exchange
« on: April 14, 2025, 10:15:27 PM »
I have not really understand these coin swap and exchange services in the crypto community because if I want to swap coins, I can use the exchange I am using and use mixers to send coins to others so what is the real use of this coinswap services? I understand the swapping system from coins to coins but the services is what I am concerned. Are people using it like Centralized Exchanges?
Coins from mixers can be flagged sometimes on CEX but platforms like this that offers swapping or exchanging of coins and tokens are still being much love.

Not everyone loves to use a KYC exchanges. Non-KYC exchanges are just more loved  and appealing to others, especially for those who value privacy.

6
WEEK 2 Rewards sent: https://blockstream.info/tx/a8be766763c02452d4e5f6e6a7a9dc889a0bce779dcce1432b25d38b05711cfb

This signature campaign will be temporarily put on hold.
The ChainSwap team doesn't have a decision yet on whether to extend this campaign for a couple of weeks or not, and the campaign funds have not been replenished yet.
Once we resume, all currently accepted participants will be promptly informed and will be given priority with the limited slots. For now, you guys may change/remove your signatures.
Thanks boss, we hope the campaign continues.

7
Cryptocurrency Price Speculations / Re: Bear Market or yet to come?
« on: April 13, 2025, 11:16:06 PM »
I will rather say we are in the bitcoin bull consolidation period, the market hasn’t gone down below where we saw the all time high in the last cycle, so until that price is broken below on the chart, I don’t think we will be taking about the bearish trend of bitcoin already in place. We can’t say how long the bearish market will last but one thing is certain that everyone is saying, that throughout this year, the bitcoin bull run can still take place where $150K has been anticipated to be the price it will reach or beyond. From now till the end of the year, if the price crosses below the previous all time high in the last cycle, many will start preparing for a bullish market and not hope much for a bull run to happen again this season.
To be honest Trump is the main issue here affecting the whole bull market drama, but with time things we will be better. The whole manipulation can not last forever and soon the market sentiment can be more balanced and then Trump and his men won't have this much influence again just like how Elon Musk influence on bitcoin has dropped down than before.

8
You both are right, calling it BTC is false, because it is not more BTC but an alt, as you guys pointed out, it loses its property of being POW therefore, we should not be calling it BTC but alt version of BTC, maybe. But saying it could be better to go for SOl staking instead of BTC, how is that good?

I mean let's say we lock the BTC (original) and get some wrapped BTC (ALTS) and we stake the WBTC to earn some utility token, or WBTC or whatever the other platform is offering. How is SOL staking is better than this staking? I mean, if the platform is providing some open source system from which we can save ourselves from hidden scam codes, then we should give these platforms some chance, because this way, we will be holding (locking) real BTC and earning more BTC. it is like making money from two hands haha. But still, your points are legit and I also agree with them.
The ROI for SOL would still be fairly good especially dealing with risk factors because while high ROI is important the risk must be calculated.

In regard to having a good/legit platform to stake these pegged bitcoin value, another risk was stated in the first reply on this thread, which was on Luna:
https://www.altcoinstalks.com/index.php?topic=329133.msg1742774#msg1742774

9
I was disappointed on Manchester United because I predicted on them to win and it was a sure game for me to win but they drew the game to cut my slip for someone. Since Lyon had drew this game at home play, they will win the second leg away Match. If Manchester United is not doing well in the Premier League they would done well in the Europa League. Here they are not doing well there they are not doing well. What is the problem now? Coach or players? The form is very bad. And the coach should do something about it.
I'm curious why you did bet a straight win on Manchester United ;D

To be honest I avoid placing bet on them for years now thanks to their inconsistency. Nobody's often knows the game they will really do great to get a win. Anyway, on this game I expected to get them to get a draw and at best a win which would still be quite surprising for me.

When I saw them leading at extra time it was really surprising until the shocking thing happened when they conceded another just a minute of the match ending thanks to another disappointing display by Onana leading to another goal.

10
Manchester United already taking the lead in the 88th minutes thanks to a goal from Joshua Zirkzee, assisted by Bruno Fernandes. Anyway, it's extra time now and Lyon as gotten an equalizer at +5 minutes at extra time, this would really be disappointing for United since they were unable to keep their late minutes lead to the end.
The match ended with a draw result. In minute 90+5', Lyon could equalize the score. The final score Lyon 2-2 Man United. I think it is no problem to get a draw result, Man United didn't get a lose in Lyon home at least. In Leg 2, Man United will play at home, they will have the advantage to play at their own field. So, I think the chance to win will be higher. I hope Man United to win with 2 goals in the next Leg.
In a game where they almost got a win but conceded an equalizer with 1mintue remaining for the game to end is really disappointing. All we can say is that maybe they can do better in second leg and create more chances for goals and score them than Lyon, and also hope Onana don't make silly mistake that would lead to more goals like he did yesterday.

11
Lyon vs Manchester United. Manchester United attack is not good enough. And I have as thinking that they would win this game but if they drew this game as Lyon home and away for Man U. Manchester United will the second leg of the Match. Though Lyon is strong team in the Europa League but I am still expecting Manchester United to win the game.
Manchester United already taking the lead in the 88th minutes thanks to a goal from Joshua Zirkzee, assisted by Bruno Fernandes. Anyway, it's extra time now and Lyon as gotten an equalizer at +5 minutes at extra time, this would really be disappointing for United since they were unable to keep their late minutes lead to the end.

12
I know BTC is based on the POW mechanism, and we can't stake on it, but developers have found a way to create layers on POW and they allowed POS on POW using some layer or L2 technologies. That's quite interesting to read, although for staking BTC, we surely have to swap our original BTC with some pegged BTC like WBTC and they are not real, they have their own smart contract, and if we don't trust an exchange, then we should never do it.
Let's be honest Bitcoin uses a strictly POW network and having something you call bitcoin on a POS network really doesn't make things better. It's far better in my opinion to kindly buy some real on-chain bitcoins and Hodl and if you wish to diversify hodlings to stake, then you simple but another reasonable altcoin like say Solana to stake.
That is the thing, bitcoin on L2 using POS is no longer bitcoin rather we can say it's an altcoin. The thing  is that calling it bitcoin in a deeper sense is false.

Investing in altcoin is no biggie, just the misconception we are speaking against. Pick a good altcoin invest in and if it goes well good while if it goes sideways they can't say I stake my bitcoin and I lost everything why.

13
I don’t know if i’m the only one that just got to know about BTC staking. I was reading some articles just now and i came across a liquid staking protocol designed for BTC holders.

I was intrigued when i also found out that this protocol, pumpBTC allows users to stake various forms of Bitcoin such as WBTC and BTCB to gain yields in its token. Lately, i’ve been coming across more projects with utility which is great. This shows that crypto space keeps evolving. By the way, have you ever considered staking your BTC ?
You are not alone, there are lot of investors who are exploring BTC staking protocols from long time, the one I heard the famous is babylon, don't know any thing about them at the moment though. The point is, staking BTC is really a good way to make money, we can make money from the BTC profit and the staking profit.

But many will say, we should not stake our BTC, because it is against the decentralized nature of BTC but, if as an investor we seek money, and profit, then we can give it a chance but I won't prefer it in the first place.
I get your point especially since you specified that many are against staking bitcoin because of decentralization but you ignore the fact that Bitcoin is built on a POW rather than POS or any other that allows staking.

In order to stake bitcoin one has to use a CEX and we know the risks involve not your keys not your coins.

Also, what Op was going to stake were not actual bitcoin rather tokens/coins pegged to the value of bitcoin. They are just still altcoins and can still lost their value. The fact that they are pegged to bitcoin doesn't make them a top altcoin either, things can go sideways and they would just be a bad decision for investors. Stick with bitcoin rather than pegged bitcoin and if you want to ignore the not your keys not your coins, then you can stake your bitcoin on any good CEX you know for you.

14
Basic Questions about Cryptos / Re: How to guess Bitcoin price to win?
« on: April 09, 2025, 02:58:32 PM »
Because bitcoin price is not like gambling that someone makes a prediction based on luck and it will be correct. For this, one must have analysis knowledge, he must have knowledge about the previous market of bitcoin and make predictions accordingly.
The prediction may be that 40k will come in the bear season and will drop from 90k to almost it's not the gambling where it is now 90k and after a week it will comes on the 40k.
Gambling is not entirely dependent on luck although requires more luck than the price prediction, but if you're not careful or just luck dependent it may not work out consecutively for you.

That's why there can be past a winner who may never get a win again simply because all they rely on is luck.


15
-Snip-
With the 3-goal margin, Arsenal had against Real Madrid. I would not be wrong if I give the whole match victory to Arsenal. Because there's no way Real Madrid will outplay Arsenal in the second leg to score more than 3 goals against Arsenal.

Let Real Madrid accept the fact that this year's Champions League trophy will not be their own. They should focus more on the LaLiga league to check if they can beat Barcelona from having it.
Tough to comeback from that but I would not completely consider them as out of the competition. Maybe the crowd could help them out somehow. I mean they could still force a draw at home and decide the match by penalty shootout.

On La Liga, RM is also slipping up.
Yea but I doubt Real Madrid can get a comeback, that would be really difficult and like a miracle for it to happen especially since their defense strength is seriously weak and now Camavinga  is definitely not going to be available for the game after his red card.

What happened to Real Madrid tonight that they conceded that number of goals is not really too shocking for me, since against Real Sociedad in the last week Copa dey Rey semi final win. While before then they scored and later towards the ending of the game Sociedad were already leading 3 goals to 1 and before they got a comeback and a win. Arsenal defense are more stronger I doubt such opportunity might come like that and chances needs to be taken well not like tonight.

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