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Showing 20 of 677 results by Kena Banned
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Board Altcoin Discussion
Re: Your opinion, NFT last long or not ?
by
Kena Banned
on 21/10/2021, 23:54:27 UTC
Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp

Because the current use case for NFT has penetrated into many games so I am more confident that NFT will last a long time and become the most popular Altcoin among Gamers. Another reason that causes Nft to last longer is because of the usefulness of NFT itself and being able to produce digital artwork, from the advantages of Nft itself it will have an impact on the market and it is natural that Nft will last longer.

I believe so, as long the NFT users are many, its will become a long life usecase on crypto space. Moreover the utility of NFT Game that enable it users to earn money would attract another to join.
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Board Altcoin Discussion
Re: Is there a new blockchain that will compete with Ethereum?
by
Kena Banned
on 21/10/2021, 23:47:38 UTC
We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
currently ethereum is not a superior platform that is difficult to beat. they are still having problems with scaling and fees that never end. and of the many ethereum competitors, the most similar is Bsc. looks the same overall. developers can easily implement their ideas on that platform.

Agreed, Developers who want to deploy its project is better to use another platform that have friendly tx fee, so the platform can used widely not only the rich people who able to pay huge fee.
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Board Altcoin Discussion
Re: Alt Coins to buy with 200$
by
Kena Banned
on 21/10/2021, 23:30:16 UTC
Agreed, its better to invest on the strong project like Ethereum or BNB for early crypto investor. After that he can try to surf on the market to decided what he really want to invest, he also can ask about the prospect of its projects here.
Only new investors should ask experienced investors, because old investors will always use their time for coins that can be very suitable for the long term as you say, because they are also very tired of doing various analyzes and the research they need.

Not at all, i have group with many old investor that keep sharing and discussing about market possibility also any new project that possibly have a great future. The one that too tired probably already too rich or just tired because he never catch good opportunity.
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Board Altcoin Discussion
Re: How you choose projects for investment
by
Kena Banned
on 21/10/2021, 23:22:35 UTC
There is no point in joining projects that have no prospects for the future. It is important to study the project development team, perhaps these people have already done successful projects and can be trusted. For successful participation in the project, I also study the opinion of competent and respected people of the cryptocurrency world. It helps a lot to make the right decision and not to miss the benefits in the future.

Agreed, we're looking for the prospects to decide investment first. It's rarely any core developers done a successfull projects and doing another project from the beginning anymore, i never seen that project, could u mention any? My experience only on Callisto Network, which Dexaran are from Ethereum Classic.
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Board Altcoin Discussion
Re: Alt Coins to buy with 200$
by
Kena Banned
on 20/10/2021, 23:51:29 UTC
Its better to know about altcoins rather than throw your fund on any altcoin that you don't know properly. Here many people will promote their coin, not for help you but for their own benefit. So you need to understand the thinh what you are going to start. Well as a newbie, you can put your fund on ethereum or bnb temporary. After knowing Crypto market (including IEOs, NFT projects) you can come again and invest on those altcoins, where you want

Agreed, its better to invest on the strong project like Ethereum or BNB for early crypto investor. After that he can try to surf on the market to decided what he really want to invest, he also can ask about the prospect of its projects here.
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Topic
Board Altcoin Discussion
Re: Is there a new blockchain that will compete with Ethereum?
by
Kena Banned
on 20/10/2021, 23:43:02 UTC
We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
As an alternative BSC has given you the option to switch and it turns out that not only BSC, Polygon, Solana also offers the same thing. We just need to choose in which direction the transaction is used. They have made cross-delivery, so it is very good in the future to be able to connect with each other even though they are on different networks.

I would advise ICX too, its on the progress to deployed its BTP (Blockchain Transfer Protocol) its would also enable interaction across Blockchain, like HTTP which enable us to interact across internet. Sounds really interesting for me.
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Board Altcoin Discussion
Re: Are you actually using/buying NFT's, and Gaming Tokens?
by
Kena Banned
on 20/10/2021, 23:32:43 UTC
There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!

I believe so, moreover Game on the Ethereum platform, it will cost many gas to used its platform. Its cheaper to buy and hold, unless u're really good to earn on its game.
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Board Altcoin Discussion
Re: How you choose projects for investment
by
Kena Banned
on 20/10/2021, 23:25:57 UTC
Researching whitepaper and website quality is first step to do before researching another indicator, but i dont agree to take review from ICO sites as one of the consideration, since many shilling and overhype as review there.
unfortunately now it will not be difficult to make a high-quality website and a high-quality whitepaper. So now the reputation in the market is probably more important. If a new team enters the market that no one knows them, but they have a "beautiful" project, I would be thoughtful.

Its not true, making high quaility wp and website needs more effort to scammed people, u would found indicator of bad projects if u research both well.
Scammers is always one step ahead no matter or how hard you do make out some research on a particular project.

Not really, show me any scam project that really have a great whitepaper and website, i doubt it. There must be some fishy thing would be appeared if it a scam one.
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Board Altcoin Discussion
Re: Top on the list of your portfolio
by
Kena Banned
on 19/10/2021, 23:44:28 UTC
My favorite coins at this time is the coins that enable me to stake and farm for earning some passive incomes, so i can compound the reward everyday until the desired price comes.

You should keep up with the developments of that coin because there's no assurance that your passive income will be sustained. Not many coins can maintain or increase their value thru time. Usually, they decline as time goes by, hence, passive income is not feasible.

On the note of the top list of my portfolio, I still prefer bitcoin as my major coin in my stash, and then eth and bnb. Not really into NFT as I have no idea if they will indeed sustain their value or boost its value, I guess it depends on the NFT itself.

Its true, i wouldnt rely on its forever, i would take profit when i see the opportunity, gladly i believe with the coins i stake at this time, its have a real platform product with capability to do some DeFi utility.
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Topic
Board Altcoin Discussion
Re: How you choose projects for investment
by
Kena Banned
on 19/10/2021, 23:26:11 UTC
Researching whitepaper and website quality is first step to do before researching another indicator, but i dont agree to take review from ICO sites as one of the consideration, since many shilling and overhype as review there.
unfortunately now it will not be difficult to make a high-quality website and a high-quality whitepaper. So now the reputation in the market is probably more important. If a new team enters the market that no one knows them, but they have a "beautiful" project, I would be thoughtful.

Its not true, making high quaility wp and website needs more effort to scammed people, u would found indicator of bad projects if u research both well.
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Topic
Board Altcoin Discussion
Re: Top on the list of your portfolio
by
Kena Banned
on 14/10/2021, 19:50:13 UTC
My favorite coins at this time is the coins that enable me to stake and farm for earning some passive incomes, i compound the reward everyday until the desired price comes.
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Topic
Board Altcoin Discussion
Re: Why Gas Fee is too High?
by
Kena Banned
on 14/10/2021, 19:40:41 UTC
Many crypto enthusiasts will agree to me that one major reason why Gas Fee in ethereum blockchain is too high is because of the fact that many transaction is happening within the blockchain that makes it traffic and so crowded.

If comparing Ethereum and BSC at this time(https://etherscan.io/chart/tx vs https://bscscan.com/chart/tx), we can see that BSC is busier than Ethereum. The problem is not only from how busy the network is, but i believe the capability of Ethereum isnt optimum yet, we would see better Ethereum after Eth 2.0 comes probably.
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Board Altcoin Discussion
Re: How you choose projects for investment
by
Kena Banned
on 14/10/2021, 18:56:02 UTC
Investing in a good project is very difficult because it is difficult to distinguish between a real project and a scam, but the easiest thing I do is research the whitepaper, then review from ICO sites and see discussions on discord or telegram.

Researching whitepaper and website quality is first step to do before researching another indicator, but i dont agree to take review from ICO sites as one of the consideration, since many shilling and overhype as review there.
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Board Altcoin Discussion
Re: If the internet is down in the future
by
Kena Banned
on 14/10/2021, 18:52:24 UTC
XRP can be transacted now without internet. The Chinese YUAN can too.

I never know this one, im curious how both platform can verify and approve each transaction that made when its offline?
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Board Altcoin Discussion
Re: How you choose projects for investment
by
Kena Banned
on 13/10/2021, 23:51:27 UTC
Every project that we choose to make a good investment must have a good team and be active in collaborating in everything for the progress of the investment project, so if we ask which project it is certain that the project has a large exchange in a well-known market

Large volume in a well-known market would be one of good reasoning, we wont our investment trapped because its not liquidated enough and have small trading volume. One of my bad investment is following an Ico that didnt have that big volume, its hard to sold them recently and im stucked at this moment.
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Topic
Board Altcoin Discussion
Re: Alt Coins to buy with 200$
by
Kena Banned
on 13/10/2021, 23:46:09 UTC
If you have a savings of $200, then it's better for you to research the right coin first for your own investment, the research is very accurate according to you so that it can really produce profits, and every time you invest, you are definitely ready for all the risks. accept it later, so with that kind of capital you are obliged to make decisions with your own beliefs, usually your own decisions are more accurate and precise

its true, investment based on self research is better because when its goes to wrong, we know what decision we would take, end it or continue to bear it until the flip comes. If we follows another, probably we will confused what to do if anything wrong comes.
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Board Altcoin Discussion
Re: If the internet is down in the future
by
Kena Banned
on 13/10/2021, 23:29:05 UTC
Not about the internet but can we build a network base on other forms of communication? Say, someone, launch a satellite that take this exclusive signal to keep and maintain an exclusive blockchain. I don't know how dumb or possible my question looks since I'm very noob about this but I think if a crypto project is able to do this, they don't have to worry one day, the internet around the world go down.

A Satellite for a blockchain infrastructure would be quiet slow and expensive, nobody would afford it. Internet is the reasonal infrastructure at this time, its fast and cheap, also it can be accessed on most place in the world.
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Board Altcoin Discussion
Re: Tron network VS Binance Smart Chain
by
Kena Banned
on 13/10/2021, 23:20:21 UTC
But the most used token on Tron is only the USDT itself, its almost no one talked about another token if its related to TRC20 token. And the only function of the USDT token is for arbitraging between exchange because of its almost zero fee.
It is used because of the cost and speed of transactions, the rest does not exist, because functionally it is clearly very helpful when everyone wants to arbitrate between exchanges which both have the TRC20 network.

Its true, so compared to Binance Smart Chain that have tons of unique project, Tron Network is far away to be comparable.
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Board Altcoin Discussion
Re: Why Gas Fee is too High?
by
Kena Banned
on 12/10/2021, 23:36:03 UTC
Gas fees are so high because ETH can’t handle the high traction. This is why I use NEAR now because it’s built for mass adoption so even when more people come to NEAR the gas fees and speed will not increase by much. It’s still relatively young and doesn’t have much hype but it’s been a top 10 grower last month and hit ATH last month as well. New projects are constantly dropping so I’d definitely recommend checking out the telegram and learning more about NEAR.

I dont think NEAR is tested enough yet, in the https://explorer.near.org/blocks , every block is only contains <5 transaction/ block, probably its need more stress to test it out. Compared to https://etherscan.io/blocks that every blocks is contains more than >100 transaction/ block.
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Board Altcoin Discussion
Re: If the internet is down in the future
by
Kena Banned
on 12/10/2021, 23:02:51 UTC
Its kinda hard to do, blockchain needs a connection to verify any transaction over the network. If no connection, then no one can verify it, means its cannot be processed.