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Showing 20 of 83 results by GospelCrypto2
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Board Bounties (Altcoins)
Re: 🔥[BOUNTY]Cowrium.net - HOT BOUNTY UP TO $750K TO SHARE 🔥
by
GospelCrypto2
on 20/05/2020, 19:35:38 UTC

#Proof of authentication
Campaign: Blog
Bitcointalk Username: GospelCrypto2
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2572968;sa=summary
Telegram Username: @Lexx55
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Board Bounties (Altcoins)
Re: 🔴[BOUNTY DETECTIVE]🔴CRYPTO COMMONWEALTH - Asset Manager on Blockchain🔴
by
GospelCrypto2
on 10/05/2020, 21:47:27 UTC
#PROOf OF REGISTRATION
Forum Username: GospelCrypto2
Forum profile Link: https://bitcointalk.org/index.php?action=profile;u=2572968;sa=summary
Telegram username: @Lexx55
Participated Campaign: Article
ETH wallet address:0xeD7F4D9b8c7F8c563AC36D4FE24D0762C1237c6b
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Board Bounties (Altcoins)
Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD
by
GospelCrypto2
on 27/09/2019, 16:16:22 UTC
#Proof of Authentication

Bitcointalk Username : GospelCrypto2
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2572968;sa=summary

Type of campaign : Content Campaign

ERC20 wallet address: 0x2B2D5B79229606c8BEe35A08c63265369FAD79Db

Link Url : https://steemit.com/blockchain/@coltpython/the-digital-gold-project
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Board Altcoin Discussion
Re: Deflationary tokens as an emerging threat in the cryptospace
by
GospelCrypto2
on 04/08/2019, 13:38:19 UTC
Deflationary tokens are not a threat to crypto space in any way. This tokens have no use case for crying out loud and in no time will not be traded again. I don't suggest anyone to invest in any of this token
I agree with you and it looks like the announcement thread already flooded by a token that use the deflationary as their innovation and that's the fun fact about them when they have called deflationary token as an innovation. For me that's a crap idea and investors must never try to touch it. Deflationary token is a crap idea that created by the amateur dev.
More deflationary crap token will come soon.
This is exactly my point of view. This is actually one of the reason why the crypto space needs more regulations..The ethereum blockchain is gradually becoming the home of shitcoins. I perceive that a more proprietary blockchain might surpass ethereuem in the nearest future.If measures are not put in place to curtail the scam tokens development..
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Board Altcoin Discussion
Re: Deflationary tokens as an emerging threat in the cryptospace
by
GospelCrypto2
on 04/08/2019, 13:23:50 UTC
Its very funny how many developers are creating deflation tokens nowadays just for the quick profits,yesterday i came across these new deflation tokens with small max supply like dynamite,stakd,NUClear,MOAB and ethplode after spending few minutes on them i cant see any use case which is absolute nonsense
Thats exactly what the crypto space has deteriorated to...The fact that they actually list on exchange before disbursing their tokens is my major headache.. Its begining to look like anyone can just develop tokens and list them on one exchange and start manipulating prices in order to catch unknowing traders/investors. Decentralisation in terms of distribution of nodes/tokens is gradually going out the door..
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Board Altcoin Discussion
Topic OP
Deflationary tokens as an emerging threat in the cryptospace
by
GospelCrypto2
on 31/07/2019, 14:58:02 UTC
In a little time, I have spent in the eco-system, I have learned that the crypto market is generally driven by trends. Earlier this year IEO looked like it will be the major trend of the year but then came BOMB Grin ...Although the BOMB token was not the first deflationary token, unlike EQUAL which has been existing since 2018, BOMB came with a lesser supply and a  high deflation rate. The Success of bomb has brought about a myriad of deflationary token with some already doing well in the market as we speak.
Deflationary tokens/coins ortherwise known as self-destructive currencies refer to crypto asset that tends to reduce in total supply with each transaction based on a pre-established deflation rate. Irregardless of the success some of this self destructive tokens has made in the crypto market,nevertheless, there is a threat imminent in the distribution measure applied by these deflationary coins. Most of the recent deflationary coins i.e blast, burn, incinerate, ethplode and the rest yet to come, adopt an airdrop means of distribution in which airdroppers are to receive minute amount of tokens with the notion that the small supply/deflationary nature of the coin will bring about notable performance in the market. Now the problem lies in the fact that even before the distribution of this token via airdrop they start trading on exchange and literally become puppets of the developers.
Isn't this the origin of centralization in the crypto space? the idea of holding an ICO/IEO or airdrop distribution was designed to keep projects decentralized by widespread distribution of nodes and also prevent market manipulation which can arise with one entity holding on to a majority of the token supply. Today this traditional means of token distribution has been ignored by the developers of this trendy deflationary tokens, we also see a host of them with zero use case being launched into the market on a daily basis. My question is if the airdrop tokens are not distributed as at when they get listed on exchanges and no ICO,IEO or ITO was held then who own the tokens trading on the exchanges (mostly DEX)?. Its also sad that by the time the airdroppers finally receive their tokens for the little task they engaged in to boost the publicity of the project, the prices on the exchange would be almost dead with greedy developers cashing out and moving on to launch a new one. Today we already have a few of them that have exit scam i.e Claymore, satan token and Gomo...
In conclusion, I wish to make an outcry that people be more cautious when investing time and money into these deflationary currencies entering the marketplace in streams and that a return to the principle of distribution before listing should be adhered to...Let's stop the manipulation of prices and dumping on poor airdroppers.
Please feel free to share your opinion and as well mention the Deflationary coin you have made the most profit from and the tactics appllied. thanks
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Board Altcoin Discussion
Re: Telegram and Facebook ICOs the beginning of mass adoption
by
GospelCrypto2
on 14/06/2019, 15:35:23 UTC
The numerical growth telegram and facebook iCOs can bring to the crypto space is surely an important factor that can influence mass adoption but the issues of technical barrier which u emphasized is one that both will really need to work on.. Noobs still find it hard acclamatizing to the Wallet and private keys of a thing. Also heighten security and scalability would be pivotal..
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Board Speculation (Altcoins)
Re: Binance Coin - Not Far From The Falling
by
GospelCrypto2
on 01/06/2019, 03:59:34 UTC
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
This is a neat technical analysis of the binance market but the current state of the crypto market doesn't favour technical analysis in my opinion.. Most times I follow TA I get rekt.. I prefer trading with fundamental analysis instead.
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Board Altcoin Discussion
Re: Facebook plans to launch 'GlobalCoin' currency in 2020
by
GospelCrypto2
on 30/05/2019, 23:56:06 UTC
Well if the Facebook team can withstand the pressure and imposition am sure the US government will impose on them, then probably this dream would come to pass.. It's great news in my opinion coupled with news that telegram would be releasing it's own currency in the third quarter of this year.. I think mass adoption is here already...
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Board Altcoin Discussion
Re: Tim Draper loves ETC more than ETH!
by
GospelCrypto2
on 30/05/2019, 23:53:11 UTC
For the longest time, I've spent in both ETH and ETC forums, I noticed that Tim Draper is more into ETC (the old chain of ETH). In technical aspects, ETC retains the original ideals of what POW timeless security should be and I think this is the reason why Tim Draper is into.

Source: https://www.youtube.com/watch?v=Kft3IejTyos . Hot n' fresh interview in ETCLabs, the architect of ETC empire!

One aspect of blockchain technology people fail to understand is very important is seamless integration.. Majority of the blockchains supporting tokens lack seamless integration.. Asides from Eos and ETH majority are more or else gaming theories.. ETC has failed to bring this theories into life application with seamless integration and that's why the project is making little or no breakthrough..
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Board Altcoin Discussion
Re: IEO is not for crypto startups
by
GospelCrypto2
on 29/05/2019, 23:46:23 UTC
Taking facts first. Not all starts up are poor
Some start up projects are very well self funded to reach their goal
Token sale is just a bonus and some don’t even have token sale

Ieos are for everyone
Provided your project is good legit and up to standard
I support your contribution.. Another importance of IEOs for fund raising in the crypto space is widespread distribution of nodes which is very important to maintain the integrity of blockchain projects..
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Board Altcoin Discussion
Re: It's About time We Look Beyond The Digital Currency
by
GospelCrypto2
on 29/05/2019, 23:42:52 UTC

If they continue this way, government will have no choice than to put an eye on cryptocurrency which might lead it being ban because virtual most projects they raised money for that would have helped the economy of each government end up getting abandoned.
I feel the same way too... This proliferation the market has experienced is largely responsible for the negative impression the government have towards crypto and blockchain technology. The money that have been swallowed up in a host of crypto project which have failed to deliver any solution to the society needs is alarming. Now the co-founder of TRX has left to lunch his own blockchain startup, when he could just develop a blockchain product using readily available blockchains In the crypto-community..
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Board Altcoin Discussion
Re: Future of Tron?
by
GospelCrypto2
on 29/05/2019, 23:33:51 UTC
I've read new article on BlockChain24.co about TRON's chances to get to the top 10 on the CoinMarketCap. As for me, they aren't high. I'm afraid that Tron will probably drop even more. What do you think?
But I believe in Sun's marketing ability and TRX, when he used to take TRX in top 10 CMC, as well as having a very good relationship with Binance.
This is the salient truth,  at the moment any project that has a good relationship with binance will definitely do well.. Am yet to see any game changing usecase of the Tron project and all though I hold some trx which i bought during the last bull run,  I am not too optimistic about TRX most especially with their technical development..
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Board Altcoin Discussion
Re: Knowing when to sell off your crypto investment
by
GospelCrypto2
on 29/05/2019, 23:29:34 UTC
When the price is higher than the time you buy,
I disagree with your response , your response literally implies it's wrong to sell when price is lower but trading experiences has taught me otherwise.. Aside from my previous experience with DRGN which i have natarated on the post already just recently I experienced something similar with poly and ziliqa.. Both projects kept loosing in sat values and if not for my stop-loss function in place I could have lost half my satoshi value with the dump..
I have come to understand that sometimes you just need to pick yourself up  accept minimal level of loss and move on with life..
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Board Altcoin Discussion
Re: FILECOIN, biggest ico ever!
by
GospelCrypto2
on 13/05/2019, 20:51:00 UTC
I think delay in getting listed on reputable exchange will do harm to the value of the token when it eventually get listed.. I mean a project that claims to have made over 200 million from ICO should be doing alot better within this time space in my opinion..
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Board Altcoin Discussion
Re: ENG (Enigma) the next ETH?
by
GospelCrypto2
on 13/05/2019, 20:49:26 UTC
Although I am a fan of the Enigma project am yet to see much similarities with ETH.. I see them doing well on the long term but I won't advise you to buy right now because of the uptrend in bitcoin value..
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Board Altcoin Discussion
Re: US senators wants to know why Facebook wants crypto
by
GospelCrypto2
on 13/05/2019, 20:46:51 UTC


They essentially asked whether it would enable users to have privacy and would make it harder for the government to monitor every personal and financial moves of people in the US and around the world.
Well this is one issue that will attract more trouble for Facebook. The Government constantly yearn to control the affairs of the people.. They already have access and keep track of internet presence. If facebook succumbs to the plot of the senators to avail transactional details to the U.S government, the Facebook coin will be a sharp derailment from satoshi vision for the use of blockchain technology.. I hope Mark Zuckerberg stands up to them and give private information regarding transactions private..
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Board Mining (Altcoins)
Re: mining low difficulty coins
by
GospelCrypto2
on 12/05/2019, 20:16:23 UTC
I suggest you be very careful with your picks except if you have hardware and financial resources to waste.. Mining veil in my opinion is the best choice not just because it's new but also the low circulating supply makes it a promising choice..It is also important to point out that veil has a solid team with humongous experience.
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Board Mining (Altcoins)
Re: Can you recommend coins t o mine which is ASIC and FPGA resistant?
by
GospelCrypto2
on 12/05/2019, 19:58:56 UTC
I think you should try mining veil and suqa. Both projects are promising and the reward for mining is encouraging.. I would have said you mine the major currencies such as bitcoin and ethereum but I feel unless you have sufficient mining power the whole process may become fruitless.
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Board Altcoin Discussion
Re: Exchange and Hacks
by
GospelCrypto2
on 12/05/2019, 19:47:22 UTC
Hacking and Exchange are words that seem inseparable. Because where there is an exchange in the future there is a high probability of hacking. And it depends on how strong the security system is for an exchange. I have never questioned hacking. Because maybe a hacker found a gap to do that. With this case, of course binance will strengthen its security system so that this case will not happen again.
Rather than continue fixing a system likely to get cracked again why don't we take up a decentralized approach and completely mitigate this problem.. I am expecting a top notch Decentralised exchange from binance... I only wish it supports multi-blockchain.. That would be the best DEX of all time..