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Showing 20 of 163 results by Bergluft
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bergluft
on 27/05/2021, 12:35:09 UTC
conclusion: this time it is different. you cannot compare the bull run of 2017 one-to-one with the situation today.

reason: if you look into the chart of the pre 2017 ATH you will recognize that after the burst of a mini bubble the low after was never lower than the high of the former mini bubble. but this time the low is lower than the pre high. that leads to pure panic in the market. you can called it manipulation of the market.


Either it is manipulation OR it is that it has been much easier to speculate into shitcoins this time. People do not have to go via BTC this time to buy their favorite dog-moon coin. This also means comparisons between BTC 2017 and 2021 charts are not very meaningful. Comparing how the mcap of the entire crypto market behaved makes much more sense (unfortunately). If you look at total market cap you will see an extreme parabolic rise and consecutive higher highs with a clear blow off top (that many are arguing is missing in this bull run).

In other words, the lower lows and rather slow decline could be caused by craze just shifting to other sites, i.e. shitcoins.

Not something I personally like to see, but certainly something to consider.
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Board Speculation
Merits 9 from 5 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bergluft
on 18/05/2021, 15:08:04 UTC
⭐ Merited by El duderino_ (5) ,Toxic2040 (1) ,modrobert (1) ,vapourminer (1) ,JayJuanGee (1)

They didn't (and can't) ban anything. Those associations just issued a document, basically giving their own opinion. This FUD news is misleading and translated incorrectly.

Read (or translate) #2 there: https://mp.weixin.qq.com/s/Zpl0MWesUp2E8R23fNJf_g

Funny how people panic sell BTC when this yearly China FUD pops up. Funny how BTC also pumps after this FUD.
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Topic
Board Altcoin Discussion
Re: What Are The Top Altcoins For Investments In 2021
by
Bergluft
on 10/04/2021, 21:47:00 UTC
I will just say TRAC. Real world product since more than ten years. A value chain coin like vet only bigger, as they are creating a decentralized ecosystem for supply chains to (inter-)operate on. They have really big partnerships with standard setting bodies (e.g. the one that invented the barcode) and companies are using the system right now.

Probably the crypto with most real world adoption - really beyond me how this is not yet in the top 30 (currently about place 140), let alone how it is not yet listed on something like binance.
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Board Altcoin Discussion
Topic OP
OriginTrail - what are your opinions?
by
Bergluft
on 07/01/2021, 12:32:12 UTC
Hi there,

In my quest to search for lower marketcap gems with high potential for real world application and utility I stumbled over OriginTrail (TRAC). It currently sits at a marketcap of about 50mio; which is a relatively low value for a project that has already been worked on since 10 years, many real-world applications already, and high profile partnerships.

Basically, OriginTrail is an ecosystem dedicated to making global supply chains work together by enabling a universal, collaborative and trusted data exchange.

The company provides some great examples for how TRAC is already now adopted and used: https://origintrail.io/case-studies

Did anyone already hear about the project? What are your thoughts on this?
 
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Board Speculation (Altcoins)
Re: Tips to find new gem
by
Bergluft
on 06/01/2021, 17:58:16 UTC
Do not jump first on upcoming projects. Look for those that have
-some history
-partnerships
-a real product with real utility and preferably one that is already in use
-always check the team
-check whether they acquired smart money (e.g. VC etc)


I do not want to shill something. But look, for example, at OriginTrail. They are among the few coins with low marketcap that have a working product since a couple of years and an amazing range with high profile organizations. The team is very transparent online. This is just an example.
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Topic
Board Tokens (Altcoins)
Re: [ANN][TGE] OriginTrail (TRAC) - First Purpose-Built Protocol for Supply Chains
by
Bergluft
on 05/01/2021, 17:20:26 UTC
This is a very interesting project! Is there any update yet regarding exchange listings?
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Board Altcoin Discussion
Re: What altcoins will do best in 2021?
by
Bergluft
on 01/01/2021, 14:51:50 UTC
It is difficult to say which ones will be the best performers. Likely some smaller coins that will get pumped at some point. But these are very difficult to pick right and there is a big chance to lose out big time.

Coins that will perform well with comparatively low risk are the established Altcoins such as, for example
-Monero
-ADA
-Ethereum

If you want to have a few that have even more upwards potential due to lower market cap, look into established coins such as, for example
-VeChain
-IOTA
-Siacoin
-BAT
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Topic
Board Altcoin Discussion
Re: What will happen to XRP market now that SEC is suing Ripple?
by
Bergluft
on 23/12/2020, 22:14:01 UTC



An attack on XRP is not an attack on any crypto, XRP is not a cryptocurrency.

Cryptocurrency doesn't really have any value here since it is not a definitional term that is relevant from a regulatory point of view. this is relevant for the whole industry because it will evoke a definition of "security" as to be applied to the crypto sector. If XRP gets classified as a security then a lot of other cryptos will be as well.

Check out Chris Hoskinson's latest videos on the topic. He is saying the same thing. People saying that this is a good day for crypto do not grasp the significance of this event.
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Board Altcoin Discussion
Re: XRP - The Biggest Scam in Digital Currency History
by
Bergluft
on 23/12/2020, 22:06:23 UTC





Again, XRP being sued is nothing but positive news.  


In the longer run it will probably turn out to be positive news for ripple as well. they will probably settle the dispute with the SEC, pay a hefty fine and move on...without a big cloud of uncertainty above them.
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Board Altcoin Discussion
Re: XRP - The Biggest Scam in Digital Currency History
by
Bergluft
on 23/12/2020, 22:05:40 UTC




Again, XRP being sued is nothing but positive news. 

In the longer run it will probably turn out to be positive news for ripple as well. they will probably settle the dispute with the SEC, pay a hefty fine and move on...without a big cloud of uncertainty above them.
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Topic
Board Speculation (Altcoins)
Re: Any comment about WOZX ?
by
Bergluft
on 10/12/2020, 09:16:33 UTC
Very interesting field of application. Will have to look at this more in depth.

Is it going to be listed on Binance?
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Topic
Board Altcoin Discussion
Re: Lesser known altcoins with actual usecases and strong fundamentals
by
Bergluft
on 10/12/2020, 09:13:36 UTC
One that comes to my mind is Deep Onion. It is a TOR-based anonymous coin, which first came online in 2017. Currently, it is down 99% from the ATH, but the community is still very active and the promoters are working really hard to remove bugs and other software issues. But for some unknown reason, the exchange rates have remained at very low levels, even during the current rally.

Yeah, DeepOnion really is a phenomenon. They have a huge community for their relatively low marketcap. I remember how there was a lot of hype around the coin in the 2017 bullrun. Wouldn't surprise me if this coin got pumped at some point, that is if we are going to see a altseason again.
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Topic
Board Speculation (Altcoins)
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
by
Bergluft
on 01/12/2020, 21:21:08 UTC


I guess once Ethereum is integrated and you can trade BTC => LINK instantly that people will actually take notice, haha.
On top of that a new top tier exchange will certainly help as well, which is coming soon

Any idea which one this could be?
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bergluft
on 29/11/2020, 17:40:18 UTC


I'm worried about my local banks more actually. As a transation of ~$10k USD/EUR raises a huge red flag for almost any bank. Get ready for the questions they're going to ask. Although I have heard that UK banks are somewhat more tolerant (or simply have higher red flag limits?).

What sort of questions do you fear? Did we do anything illegal?
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bergluft
on 29/11/2020, 09:00:12 UTC
 Any advice on what exchange to use from the USA?  Asking for a backwards, techless  Ozark hick  Tongue  funding/withdrawal options other than wire transfer?  I thought Kraken would be good, but apparently its easier to use from the North Pole than from within US.  

no advice per se but ill give a quick rundown on coinbase as ive used it since 2013 or so. be aware it gets a lot of hate for reasons but it works.

cons:

KYC to the max
they will track the shit outta you.
cant send or receive from any gambling site (pretty sure).
will sell all info they can get on you and your corn to whoever wants it.
site always seems to have "issues" when things get hot and interesting.
thoughtfully sends the IRS a 1099 form in case you forget

pros:

takes yubikey as 2fa
whitelisted withdrawal addys
a vault that time delays coins moving (optional)
links to bank account, and i think debit cards but not sure on that never used debit card there




Coinbase is good for cash outs.

Always remember if it goes in and out of coinbase it will be tax reportable for a USA citizen.



Isn't this a mindset that should, by now, be applied to any CEX? Better safe than sorry.
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Topic
Board Speculation (Altcoins)
Re: IOTA - what do you think about it as an investment?
by
Bergluft
on 28/11/2020, 00:07:51 UTC
Today, IOTA has a number of advantages, undeniable advantages, such as the updated concept of the Distributed Tangle registry and zero transaction fees. In this regard, the forecast for the iota cryptocurrency is more than positive.
Agreed, and it is one of the cryptocurrency to have real life usage. In each and everything associated with technology the integration of iota will be there. Every potential project is being found low for some reason. We don't know the real market demand behind the project. Anyhow it is one among the worth project in the leading order of cryptocurrencies available in the market. Possibly the rise could happen independent of other cryptocurrencies like bitcoin or ethereum.

I always had the feeling that IOTA somehow really stands out.
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Board Speculation
Re: Bitcoin bullrun and correction period
by
Bergluft
on 26/11/2020, 17:03:26 UTC

Demand of bitcoin will increase more when there is a hype, when the hype is on then we can still expect a new ATH to be hit by next month, but for now, it seems that bitcoin has already dump and it will take another hype for it to rise again.

normal scenario, we have seen this in the past, bitcoin dump after a bullish market and we call it as a correction. it's happening now, hopefully this will not create some big panic from people who have invested during the recent pump.

Now we first will see some FUD, or rather already saw it with this hypocrite fuck Mnuchin. I guess it will dip some more to about 13-15 and hopefully stay there for some time. The more fuel the rocket has, the higher it can go.
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Topic
Board Speculation (Altcoins)
Re: Stakenet - Next short term 10x - Here's why.
by
Bergluft
on 26/11/2020, 16:58:45 UTC
Why we need another one DEX? traditional DEX like IDEX are not popular anymore nowdays. And we have Yniswap and a lot hardfork of it which support multi-blockchains..

It's crazy how this project hasn't blowned up yet, gives you an idea of how uneducated people in crypto really is when it comes to tech.

I see where you are coming from. Although, to be fair it went 30x from March to August this year. T

30X? I've been holding since summer 2018, and I didn't see any 30x gains. The price has been at like $0.05 at it's lowest points, and saw a top around $0.70. That's not even close to 30x  Smiley

Sorry, my bad, this was a typo and should say 20x - it was at 0.025 around March and topped at 0.56 when I am not wrong.
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Board Speculation (Altcoins)
Re: Stakenet - Next short term 10x - Here's why.
by
Bergluft
on 26/11/2020, 10:59:31 UTC
Why we need another one DEX? traditional DEX like IDEX are not popular anymore nowdays. And we have Yniswap and a lot hardfork of it which support multi-blockchains..

It's crazy how this project hasn't blowned up yet, gives you an idea of how uneducated people in crypto really is when it comes to tech.

I see where you are coming from. Although, to be fair it went 30x from March to August this year. T
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Topic
Board Speculation (Altcoins)
Re: The next 10x altcoins ?.....
by
Bergluft
on 25/11/2020, 22:37:29 UTC
Numerous individuals are discussing Stikine

A search in this forum for the last 100 days literally only shows your comment. Where is this discussed?