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Showing 20 of 493 results by Bossfidelity
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Board Altcoin Discussion
Re: UNISWAP (UNI) is driving me CRAZY!!
by
Bossfidelity
on 19/09/2020, 19:09:45 UTC
The uniswap surprise brought smiles to the faces of several individuals. Several persons became instantly millionaire without having to go through the hurdles. Thanks to uniswap for the distribution of the UNI tokens to the users of the platform who are their closest and most active community members.
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Board Altcoin Discussion
Re: Ripple the next bitcoin?
by
Bossfidelity
on 19/09/2020, 19:04:24 UTC
I really don't understand on what capacity does Ripple stand as a rival to Bitcoin. Its rather amusing to see the post. Ripple is still far behind the reach of Bitcoin and may never get their till the end of time.
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Board Altcoin Discussion
Re: New coins like Uniswap and Sushi
by
Bossfidelity
on 19/09/2020, 19:01:47 UTC
It takes a great deal of effort and community support for a project to get to that stage. Uniswap has high volume of users and that made the project blossom. The token made so much growth within a short while, because it has a high degree of liquidity and as it stands the project deals with liquidity management.
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Board Altcoin Discussion
Re: ClipX steals KYC data and shuts down
by
Bossfidelity
on 19/09/2020, 18:55:51 UTC
I knew something wasn't right when I learnt of their request for KYC documents, it was obvious that they had an ulterior motive when the document required for KYC was passport specifically. Its quite unfortunate especially for those who were willing to give out their kyc documents for such a dubious project.
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Board Altcoin Discussion
Re: (Yes or NO) The 2020s belong to DEXs
by
Bossfidelity
on 16/09/2020, 17:14:33 UTC
Decentralized Exchange was doing well and attracting many users until the hike in gas fee stroke. My trades was cancelled in IDEX because the minimum trade has been increased to 0.5 eth, from 0.15 eth which was the case before the hike. I had to withdraw my tokens and started using centralised exchange because I can't cope with the new regulations.
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Board Altcoin Discussion
Re: The Improvements Cryptocurrencies Should Make
by
Bossfidelity
on 16/09/2020, 17:11:09 UTC
Crytocurrency would bring greater flexibility to transactions, coupled with the fact that inter boarder transactions would be timely and less expensive. The world is said to be a global village and the current regulations and bottlenecks that is embedded in the means of exchange makes the speed needed to transact discouraging, I believe that cryptocurrency would assist in setting this right.
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Board Altcoin Discussion
Re: [DeFi] Some excellent topics on DeFi.
by
Bossfidelity
on 16/09/2020, 16:45:44 UTC
There are several threads in the forum which have been very educative, but the challenge is that people invest in Defi and yield farming mostly out of greed. The issue with greed is that it blocks their ability to rational reasoning and all they consider is the reward promised which is too alluring for them to look away.
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Board Altcoin Discussion
Re: Is It The Best Time to Sell Ethereum (ETH)
by
Bossfidelity
on 16/09/2020, 16:38:47 UTC
If I was in your position to make the decision, I'll not sell at a 20% profit when ethereum feels like the next big thing. The ethereum 2.0 project is yet to be launched and we've seen a substantial movement in the value of ethereum. I can only imagine when we have the first phase of the project activated, you could have over 70% profit.
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Board Altcoin Discussion
Re: What's your HODL and favorite project
by
Bossfidelity
on 15/09/2020, 14:30:38 UTC
I've decided to add tron to the list of my hodl tokens. Tron may become the next big project as the transaction cost are much cheaper as compared to ethereum. I had to convert my USDT from ERC20 to TRC20 Inorder to avoid the gas fee for ethereum and I found out that transfers in tron blockchain are almost free.
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Board Altcoin Discussion
Re: Ethereum Classic was hit with another 51% attack
by
Bossfidelity
on 15/09/2020, 14:27:28 UTC
Ethereum classic has always been having issues from time immemorial, the project has lost so much to hackers and bug and I'll be doomed to hold ethereum classic tokens. The token risk delisting and that may be effected if something is not done about the hash rate. I would advise holders to do the needful before they're dragged along with the project.
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Board Altcoin Discussion
Re: Crypto after COVID-19
by
Bossfidelity
on 15/09/2020, 14:21:17 UTC
In my opinion, the pandemic had little impact on the cryptocurrency market. The value of cryptos have since been on the increase and the market has been faring well. There's a possibility that we could be having a bull run this year, which may be similar to that of 2017. I'm anticipating sharp increase in prices of cryptocurrencies.
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Board Altcoin Discussion
Re: What is the best cryptocurrency trading platform?
by
Bossfidelity
on 15/09/2020, 14:06:25 UTC
When the best cryptocurrency exchange is mentioned, local exchange like pcex should not be on the list. There are several good exchange in India who are far better than pcex and since I'm not from India, I won't even consider any of the local india exchange as an option. The best exchange should be a global exchange like binance, Poloniex, bittrex etc.
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Board Altcoin Discussion
Re: what's your favourite coin and token ?
by
Bossfidelity
on 14/09/2020, 11:44:55 UTC
Ethereum used to be my favourite coin, until recently when the gas fee became unbelievable. I had to stop trading on Decentralized Exchange because of gas issues and learnt how to transfer my ethereum out of exchange using other coin like XLM and trx whose transaction fees are much lesser. I've learnt how to be more economical this period and trading on centralised exchange is much better. My favourite coin for now is tron and XLM.
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Board Altcoin Discussion
Re: All Top 10 DeFi Tokens on coinmarketcap in Loss
by
Bossfidelity
on 14/09/2020, 11:35:02 UTC
Despite the fact that the value of most Defi projects seems to be on the decline, its more an act of price correction than the project dieing. I've held some of those projects for several years and I can say that they're here for long term, especially the LEND token. It's unwise to be scared of market fluctuations when volatility is a feature of cryptocurrency.
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Board Altcoin Discussion
Re: What are nodes?
by
Bossfidelity
on 14/09/2020, 11:28:32 UTC
I've learnt something new about blockchain nodes. Nodes seems like the life wire that joins every system together, enabling the communications needed for the blockchain to strive to be established. I've heard of masternodes severally and I really didn't know that there are lesser versions which are the nodes. Is there any project that uses the nodes as against the masternodes?
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Board Altcoin Discussion
Re: Is it getting late to buy crypto again?
by
Bossfidelity
on 14/09/2020, 11:19:07 UTC
The year has been full of surprises and one could expect that the present value of Bitcoin is still a good buy. I know bitcoin has the potential to grow much more and I anticipate higher growth in the near future. Since we can't give an accurate predictions, it could be wise to buy some with the intension of buying more, when the value drops.
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Board Altcoin Discussion
Re: Is it the best time to buy Kick?
by
Bossfidelity
on 11/09/2020, 09:09:53 UTC
The value of kick isn't really worth much as we speak and the decision to buy now isn't a big deal. You can choose to buy any cryptocurrency whenever you want and purchasing them at a significant lower value is key to maximising your profit. I learnt that the total supply of kick is in trillions and that implies that the value won't increase much.
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Board Altcoin Discussion
Re: Scammers, the biggest crypto problem
by
Bossfidelity
on 11/09/2020, 09:01:24 UTC
There's no doubt that scammers have been a menace to the cryptocurrency community. Their impression as it relates to reputation is disastrous. Several cryptocurrency exchange have been hacked in recent times and binance is not left out. I read that Eterbase Exchange was hacked earlier this week. Its quite unfortunate that nothing much has been done to prevent the occurrence of those issues.
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Board Altcoin Discussion
Re: What do You think about YFI ?
by
Bossfidelity
on 11/09/2020, 08:43:13 UTC
YFI came to limelight after the value increased exceeding the value of Bitcoin. I learnt that YFI was listed at about 90$, but in a space of less than two months, the value rose to over $30k. The major reason for this level of increase is because of the low supply of the tokens. I learnt that the total supply of the tokens is 30,000 and there was no tokens sales. The early holders of the token earned it from providing liquidity for other yearn finance tokens.
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Board Altcoin Discussion
Re: ALT coins to #HODL
by
Bossfidelity
on 11/09/2020, 08:27:57 UTC
When it comes to altcoin to hold, I cherish ethereum and its my best option for investment. According to your list, I'll take BET as its a top cryptocurrency and the casino shares dividend to token holders periodically. I'll also consider BNB for long term investment as its the most practising exchange token so far.