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Showing 20 of 27 results by Engineer7
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Topic
Board Speculation (Altcoins)
Re: Will Ripple ever reach $5 ?
by
Engineer7
on 31/05/2021, 16:03:40 UTC
Ripple is up 18% this week and up 14% in just last 24 hours possibly sign of bulls waiting for xrp to go public.

https://www.investing.com/news/cryptocurrency-news/ripple-is-going-public-bulls-are-rubbing-their-hands-in-anticipation-2518830



What means "going public" for a coin company  Cheesy 

Do they get transaction fee ?
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Topic
Board Speculation (Altcoins)
Re: bloodbath!
by
Engineer7
on 19/05/2021, 13:57:33 UTC
I was looking to step in last weeks. Fortunately, I did not step in.

What I am afraid is that the governments especially USA will put his own digital currency on the market and prohibits other currencies.
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Topic
Board Speculation (Altcoins)
Re: Nano why nobody listen me? Told you. I want predictions
by
Engineer7
on 15/05/2021, 21:48:16 UTC
Thank you for your topics. I think that most people have less knowledge about the technology behind it, like me.

The values are more hype, community and time oriented looks to me.

If NANO is very good in speed and energy (compared to others) than I give it a more chance to grow further considered that its market cap is 1.5 billion.
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Topic
Board Speculation (Altcoins)
Re: 8000$ dollars to invest in crypto ?
by
Engineer7
on 15/05/2021, 15:33:31 UTC
I have also quite similar idea and for this idea I am looking also around for about a week.

I was more looking into a coin that could go maybe 1000x. But at the moment trust issues are there as creating a coin is very easy and dumping for about 50k can be very lucrative.


Energy and transaction efficient coins could take a step more. As I understand NANO is good in this, but there are more, which is leading I do not know.

Community and hype are important.
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Topic
Board Speculation (Altcoins)
Re: MemeCoins becoming the new Shitcoins
by
Engineer7
on 13/05/2021, 16:10:34 UTC
What did Vitalik do? I know since couple of days that creaters sent for burning ideas tokens to Vitalik adress. Did he misused this idea ?
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Topic
Board Speculation (Altcoins)
Re: NANO/DOGE Speculation for Bitcoin replacement from TESLA!!!
by
Engineer7
on 13/05/2021, 12:46:19 UTC
Interesting data. Energy consumption and transaction fees will definitely be important when the coins will be really used.
Post
Topic
Board Speculation (Altcoins)
Merits 1 from 1 user
Re: Is This Chart Bullish or Bearish?
by
Engineer7
on 13/05/2021, 12:31:05 UTC
⭐ Merited by tokeweed (1)
I am amature but for just learning purposes I will say something about it.

Downtrend is stopped, bottom forming took place. It could be in a upside channel, however to early. The last candel suggest that it could decrease towards the bottom (close) and then increase to try upside.



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Topic
Board Speculation (Altcoins)
Re: New coins huge amount of Volumes
by
Engineer7
on 12/05/2021, 23:54:13 UTC
Cryptocurrency operates worldwide so what can you expect? Not all coins/tokens have that kind of  volume not unless it is being manipulated. If you’re planning to create a new token just because of volume, then I guess you are planning to scam people, if you’re serious with this one you must create a project with a great services to offer, not just a meme coin that later on will turn into a scam.



I need to buy a football club, therefore I am here  Grin Hopefully I can find a fast way, but huge chance that I will fail in this. Scamming people is ofcourse not good. I am looking for a way that works in the market. Probably I should stop with this dream  Grin
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Topic
Board Speculation (Altcoins)
Re: New coins huge amount of Volumes
by
Engineer7
on 12/05/2021, 21:40:59 UTC
Same question on my mind this past few days. Those meme coins are just immediately entered the crypto space and then they already have billions of market cap and coin circulating supply. Where did those supplied came from?


Probably a lot of people wanting to get the high leverage. Until now this idea worked pretty good.

I am following since a couple of days. And I found a scam coin jindoge.

I need also to get very quick rich  Grin How should I proceed  Grin Huh (I want to buy a football club.)
Post
Topic
Board Speculation (Altcoins)
Re: New coins huge amount of Volumes
by
Engineer7
on 12/05/2021, 17:25:00 UTC
There was a jindoge coin that I saw.  It had a twitter account.


I just visited it and that account was deleted and it's value 95% decreased.


Did the creater made easy thousands of dollar  Huh
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Topic
Board Speculation (Altcoins)
Re: New coins huge amount of Volumes
by
Engineer7
on 12/05/2021, 15:50:24 UTC
Are you talking about those new coins running on BSC network? Because BNB isn't like those projects, BNB will rule in the future but most of those new coins are garbages and in bear market their true motives will be revealed, all I can say is even shitcoins have good opportunity to make anyone rich right now so don't hesitate to take your own chance from this opportunities



Yes mostly are BSC network created, I am new I don't actually how it works, I think they could get fees or something for enabling this feature.


I am too late into this bitcoin thing, therefore I want to step in, however looks crazy. They create coins with the number of quadrillion  Grin  Bitcoin has just about 18 million at the moment. But I was wrong about BitCoin in 2010, so I could be wrong again  Cheesy


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Topic
Board Speculation (Altcoins)
Topic OP
New coins huge amount of Volumes
by
Engineer7
on 12/05/2021, 12:06:24 UTC
I noticed that even new coins that are simply created like on BNB, without even a small thought behind it, gets millions of volumes per day trading.

Is their something behind this volume? I mean is it this something technical or really happening.

Those are huge amount of money.

If people have so much money, than I think I should consider also to put a new coin on the market  Grin Cheesy
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Topic
Board Speculation (Altcoins)
Re: Looking for next 100x coins
by
Engineer7
on 10/05/2021, 19:30:32 UTC
AKITA, KISHU and SHIBA... woof woof


At the AKITA's website they say this: 50 % of the tokens sent to Vitalik Buterin's Wallet.


What this about ? Is it a joke or did he developed the token  Huh
This means we can expect real price pumping with Akita. Surely Vitalik will somehow use the term Akita in his statements to share information regarding it. The same will be used as the source of Vitalik promoting the development and in no time the market of Akita could reach the peak as dogecoin. Lets wait and see what is really happening with one of the much expected 100x coin.

So 50 % to Vitalink and the 50 % burned. What remains for the others  Grin
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Topic
Board Speculation (Altcoins)
Re: Looking for next 100x coins
by
Engineer7
on 10/05/2021, 19:15:22 UTC
AKITA, KISHU and SHIBA... woof woof


At the AKITA's website they say this: 50 % of the tokens sent to Vitalik Buterin's Wallet.


What this about ? Is it a joke or did he developed the token  Huh
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Topic
Board Speculation (Altcoins)
Re: The latest single coin mining, the next SHIB
by
Engineer7
on 10/05/2021, 19:04:13 UTC
What is their price ? I am new, I did not get it correctly. Seemed to me on the high side, but maybe I did something wrong.
Post
Topic
Board Economics
Re: Decentralized and Lending coin system?
by
Engineer7
on 09/05/2021, 04:00:06 UTC
How can a lending system work in a decentralized system ? Why would anybody pay back its debt?


Crowdfunding and kickstarter are decentralized lending systems.

The decentralized lending format could become more apparent in the guise of franchises like the game Star Citizen. Where some initial funders requested refunds. There are other lesser known cases where kickstarter projects failed to deliver on promises, which later went to the court system. In worst cases, the criminal justice system becomes involved.

Offering a percentage of interest to initial crowd funders is a variation on the same system kickstarter and other crowdfunding projects have utilized for years.


For crowdfunding where you don't have to pay back, thus one way traffic, a crypto lending coin platform could work perfectly. As now the commission that you have to pay is around 10%, which is huge I think if you consider millions that are collected.

Of if the project is very serious that you can trust that they will pay back.


So trust is very important. And this can lead to a scam of project where they raise millions, maybe billions.


But crowdfunding with one way traffic a cryptocoin platform could be excellent as this will lead to very low commission costs.


--
I changed the topic name as mine question seems to be not coupled to decentralized token.
Post
Topic
Board Economics
Re: Decentralized and Lending coin system?
by
Engineer7
on 09/05/2021, 03:45:07 UTC
Some people on this forum were positive about the new coin sovryn. What they have is decentralized coin and trading and lending platform. İf you lend money you will earn something.

With this idea they raised millions.

When I saw lending, I thought that it is not possible. I imagined also that most of the developers are a very small group.

I got suspicious why it would work.

Imagine someone asks for money in some country and you lend it, when the pay time comes that person doesnt pay. What can you do? Even if you can do something, will you have the right people to go after that money? And what if there a lot of people that do not pay back?

An usual bank earns billions because how the bank system works. So if couple of hundreds customers dont pay back that is not a big issue. And Banks have a lot of people working for them.

This project seems not survivable. Only if the project is backed up by someone huge company than maybe they will come further.

Anyway so with this idea the coin developed will get very rich.

What is going on. Are people so much interesting in cryptocoins. Or some new ideas.
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Topic
Board Economics
Topic OP
Decentralized and Lending coin system?
by
Engineer7
on 08/05/2021, 20:44:12 UTC
I see some populer coins like sovryn are lending coins. That is there project. And you will get some procent back.

How can a lending system work in a decentralized system ? Why would anybody pay back its debt?
Post
Topic
Board Speculation (Altcoins)
Re: Any (relatively) new altcoin for investment? High procentual increase!
by
Engineer7
on 08/05/2021, 20:38:10 UTC
<snip>
Do you think that a centralized coin by government can create impact in crypto market? There won't be much difference between the regular fiat currency and the online created coins by the government. As a result, it won't be able to take away the crypto investors. Bitcoin may not increase 10× of current price soon. But potentially it may increase two to five times of current price within this year.

You can also check LTC and TRX for investing money newly. Both are old and undervalued coins compared to recent price rally of other top alts. New coins price may increase 10×, even 100× within short time but they have same possibility to go down very quickly. Where bitcoin and few other top alts have gained stronger position and has less possibility to decrease much in price. Not only look for a quick profit but also think for the safety of your money. Invest wisely.

I think the governments (rich country like USA) can do anything they want at this age and achieve it too  Wink

Thanx for the ideas.

Let's see what Elon Musk will do to DogeCoin tonight  Grin


 
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Topic
Board Speculation (Altcoins)
Re: Any (relatively) new altcoin for investment? High procentual increase!
by
Engineer7
on 08/05/2021, 18:01:03 UTC
I am already bankrupted  Grin
Although there looks not much idea behind most coins, it looks like it is working  Cheesy  Usually you pay for services, goods. I don't know what happens now with most coins  Grin Maybe just speculating is still be worth.
I think that BitCoin will hold his price longer than others and could increase to higher values as it is just money with a good name. I had good idea that it would increase when it was 10000 $, around last year october, however I could not step in.
Then why you are still searching for new altcoins to invest? No one can guarantee you that which new coin going to have success in future. Majority of new crypto ends badly. People invest in new coins to take the profit in short term. If you want to keep your investment safely then choose bitcoin or any other top good altcoins. Bitcoin will have more strong position and higher price after few years from now. Maybe it won't give you the high percentage of profit like your expectation (from new coins). But it will ensure you the profit.

Going all win with a lot of patience time will help me I think in the long run.  A lot of coins went this year 10, 20 times. If it will increase another 10 times then you have your 100 times. Not all coins will do this but maybe a new one can do this also.

But I except that more will be online. The Governments are pushing for this. So there could be a lot of potential with this way. A danger is that the Governments can decide to introduce their online coins. Then only a very few will survive.