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Board Bitcoin Discussion
Re: China warns Bitcoin is heading to zero
by
Ojengonggu
on 04/07/2022, 05:39:49 UTC
Quote from: Retiicle on Today at 05:19:32 AM
Quote from: Sterbens on June 30, 2022, 07:22:19 PM
Quote from: Trapezium on June 30, 2022, 06:22:02 AM
There are many statements being passed by Chinese state-run newspapers about bitcoin after the drastic fall of Bitcoin. But many investors are calling this a cycle. And I too feel the same. The market goes down but it also goes up.

China and its news always have another purpose behind what they inform. So don't be surprised when their media says so. There have been many things that China itself has taken advantage of to enrich themselves. Don't be swayed, because China is not at all friendly with Bitcoin since they stopped mining and left with a profit. No one will care about the news let alone the Bitcoin community.
Agreed! Chinese news media is government owned and giving such statements without any concrete reason is not valid.

Maybe those of us who already know the thought tactics made by China may not believe it anymore, but if this news is caught by new traders and new investors, they will surely fall apart again.
The various ways China does to undermine the future of bitcoin they are not the least bit enthusiastic about the state of bitcoin.
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Board Altcoin Discussion
Re: Are bounty programs or airdrops more profitable to participate in?
by
Ojengonggu
on 03/07/2022, 04:56:45 UTC
Quote from: BlackBaron on Today at 04:08:22 AM
Quote from: RussianEnglishTranslation on June 20, 2022, 02:48:32 PM
Can you make more money participating in bounties or airdrops? I made the most money doing airdops so far, like the one from Uniswap, but long term, I think bounties like the one from candlelabsdotorg will pay off better. What do you think? Which of these methods of earning free crypto should I pursue?
Airdrops can have a good value in the market depending on the project team to develop their airdrop to investors, actually airdrops are the same as tokens in general, only they can be obtained for free with terms and conditions.

I think it's good and bad for airdrops just like bounty tokens in general, do some tasks and get tokens/airdrops.

What you say is true because not all aidrops are profitable or fail because the system is the same as the usual project, which is different maybe how to get it easily and for free.
But there are also aidrops who are successful with great scores, for example, like the first aidrop, most of them were successful.
Now maybe it's already difficult for us to get aidrop which really works. I myself have never received aidrop so far.
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Board Bitcoin Discussion
Re: Did Bitcoin Disappointed You ?
by
Ojengonggu
on 03/07/2022, 04:43:57 UTC
Quote from: molsewid on July 02, 2022, 10:44:25 PM
Quote from: haasanjui on July 02, 2022, 06:14:30 PM
Yes! BTC disappointed me very well because i invested in coin and then BTC got dip and i took a good loss and still stuck in loss. I am waiting for BTC up and then I will sell my Coin.

You will only get disappointed if you really don't understand or try to understand the market and what is happening in our world nowadays. People will get disappointed if they only care about the profits and they still thinking that in crypto they can earn fast with a high profit which is actually a lie, it is not always rainbows in crypto.

In the world of trading, it is not always easy or profitable because everything will have a reciprocity.
Moreover, to reap large profits in a short time is very unlikely and it will continue to be a dream.
And for me so far, understanding the crypto market is a fortune, not a way to get rich quick.
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Board Altcoin Discussion
Re: ETH gas fees are low....A great time to get in?
by
Ojengonggu
on 02/07/2022, 06:14:05 UTC
Quote from: ilovealtcoins on Today at 05:06:54 AM
Quote from: Pujangga on Today at 04:59:48 AM
This is a good thing to keep developers from leaving ETH, swap fees that can go up to $50 is crazy, but now swap costs are around $8, although still expensive but this is more reasonable so we can trade on ETH again, and I hope gas costs may keep going down because a few days ago I sent tokens which cost around $4.

ETH will remain the ideal choice of developers despite high gas fees. The majority of potential projects will choose the ETH network because it is safer and more secure than other networks. High gas cost is just a pain for retail traders like us, it is not a barrier for whale, shark investors. they won't care about the fees, they will care about their safety.

Exactly what you say because they are more important security than having to accept the risk of losing what else with a large amount of money.
And until whenever the ETH network remains number one, even though now there is a BSC network, it is widely used by us people who have minimal capital.
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Board Bitcoin Discussion
Re: Will you be in favor of Gold or Bitcoin !!
by
Ojengonggu
on 02/07/2022, 05:40:30 UTC
I will continue to support both even though the price movements are very much different.
 So when the price of bitcoin is uncertain as it is now, I temporarily switched to buying gold whose risk of decline was not as far as the price of bitcoin but I never left bitcoin, it's just that I chose a more affordable and safe place.
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Board Altcoin Discussion
Re: Going hard on these projects
by
Ojengonggu
on 30/06/2022, 01:08:26 UTC
Quote from: MFahad on Today at 12:33:28 AM
Quote from: Z390 on June 25, 2022, 08:54:08 AM
I want these altcoins by all means, not in a bad way though, I believe they can add more value in my life by 2025, just five altcoins, though i planned for ten projects but I believe these five are the best.

1. Moonbeam   ATH: 19$  Possible prediction: 100$
2. Elrond            ATH: 540$  Possible Prediction: 1000$ to 2000$
3. Near               ATH: 20$    Possible Prediction: 250$
4. Solana.           ATH: 260$   Possible Prediction: 1200$
5. Mina protocol       ATH: 9$   Possible Prediction: 30$

What do you think? Any project you feel is better, minus BTC and ETH is welcome.
Just hold these coins and enjoy later. You have choose all top class project which we may can say that king of future. Elrond has real world Usecase for money. Moonbeam network is expanding which is real good sign. Near already working on NfT and nearly succeeded after Sol. Solona facing little problem of network upgrade and failed but hope they will overcome. These all coins are very low from their ATH and it's best time to buy for next 3 years.

The next three years is not a fast time they will consider again in choosing and buying it.
Today many of us expect short-term but successful investments.
But for the long term like these coins, it is suitable for investors who have large funds without being taken again so that when they hold it for the next three years they still have other money for their lives so they are not busy thinking about their money.
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Board Speculation
Re: Speculators : Bitcoins is up now 21k buy buy buy ! but...
by
Ojengonggu
on 30/06/2022, 00:53:49 UTC
Quote from: boyptc on June 29, 2022, 02:23:08 PM
Quote from: gweb1996 on June 26, 2022, 07:29:38 PM
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Nope, it's not a scam and this isn't a game.

What ponzi is, when bitcoin goes to zero after going all time high. Well, did it go to zero? Actually yes, and it went zero from those people that don't even hold bitcoin.

They keep telling that bitcoin will go to zero but look at how much it went during the all time high and how much it is right now.

They are wrong if they think of the bitcoin system as a ponzi. They don't see bitcoin moving year after year when the bitcoin price is down like this they can't afford it.
Currently bitcoin is at a price of $ 20 thousand and will probably fall below $ 20 thousand again and that is an important moment for us to buy more.
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Board Bitcoin Discussion
Re: Crypto in time of rescue.
by
Ojengonggu
on 25/06/2022, 06:26:11 UTC
Quote from: Dave1 on Today at 02:27:53 AM
Quote from: LoyceMobile on June 24, 2022, 05:26:21 PM
I guess it varies per country, but don't they have Child Services for cases like this?

Maybe during that time you can't think about Child Services or something, maybe the OP's intention is to give help right away, perhaps he has a soft spot for kids and is a kind hearted person.

For sure in a 1st world country, you might not see this is streets. But in a place where in lived-in, this is typical. So it's either you are going to help or not. And it's good that your his friend accepted crypto for special cases like this.

If they want to accept a special case, it means each other's privacy, not this will conclude something new again when everything is not openly.
But I agree if they give help on their own initiative and it really helps them and the children there.
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Board Speculation (Altcoins)
Re: ETH/BTC sees highest trading volume in over a year
by
Ojengonggu
on 24/06/2022, 08:18:02 UTC
Quote from: RussianEnglishTranslation on June 22, 2022, 05:14:29 PM
I had a position in a DeFi platform on BTC vs ETH dominance and I bet on ETH and closed my position. I am no longer bullish on Ethereum and sold it for more FTM and ICP. I think BTC is going to crush ETH in 2022.

No it won't be possible and I'm sure bitcoin will never destroy ethereum.
As we know bitcoin and ethereum always go together from year to year where maybe bitcoin will bring destruction to ETH
All of these are just our predictions, right, but ETH doesn't necessarily end in 2022, it's just that the price is down which makes the two of them out of balance.
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Board Speculation (Altcoins)
Re: PoS vs PoW later this year
by
Ojengonggu
on 24/06/2022, 07:54:09 UTC
Quote from: Cryptoababe on June 23, 2022, 10:13:28 PM
For me.. I think more users will want to use the Ethereum network because they think its more decentralised than other Blockchain of its type. This should make the Ether coin price go higher also. Because they will be more demand for the coin from different kinds of users.

Maybe they haven't been able to raise the price of Ethereum because the current bitcoin price is still cheap.
Among other blockchain blockchains, Ethereum has been very convincing for its users from the past, even though now there are other blockchains such as the BSC Blockchain.
Over time, if the price of bitcoin is back to normal of course the price of Ethereum will also be expensive again like last year.
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Board Bitcoin Discussion
Re: Bitcoin price and actions to raise it
by
Ojengonggu
on 24/06/2022, 07:40:47 UTC
Quote from: amihada on June 16, 2022, 03:18:10 AM
Quote from: lenaza2022 on June 14, 2022, 11:13:53 AM
In order for bitcoin to work freely and legally in different countries, it is necessary to create an environment for buying and selling goods and services. When the tools are in place, then government agencies will be able to draw conclusions on how they can collect taxes from this activity. Such platforms should be easy to use for consumers and transparent for government agencies.
It's not that easy my friend to legalize bitcoin in a country, now that has legalized bitcoin only the country of elsalvador I want to ask you if the country of elsalvador did what you said before legalizing bitcoin in their country?

Like in Elsalvador, it's only been legalized for us to use legally and publicly, but to buy and sell goods for a fee, I don't think I've heard of it because what we know so far is that they only legalize and free people to use bitcoin legally.  .
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Board Bitcoin Discussion
Re: Bitcoins Crossed 20k USD!! Don’t lose hope now.
by
Ojengonggu
on 22/06/2022, 04:40:48 UTC
Quote from: Baofeng on Today at 02:17:22 AM
Quote from: Hypnosis00 on June 21, 2022, 11:17:02 PM
Quote from: GreatArkansas on June 21, 2022, 02:03:02 AM
Quote from: Hypnosis00 on June 20, 2022, 11:50:43 PM
That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).
(.....)
After we dropped below $20,000 before, my significant support level is now the $15,000 level which is really ugly and worst.  If you observed, Bitcoin easily falls below $17,000 after it drops to $20,000 so the same case is $15,000 if ever we will go back again to $17,000.

Overall, I don't want to happen it anymore, for me, the recent dump is already good for me as pullback from the huge run last year.
Nobody wants that to happen again, (might) everyone is hoping for recovery. The price of Bitcoin is moving back a little bit high surpassing $20k for at least 2 days ( and counting). But this is not enough to give confidence as to observe that every weekend the market dump back again. But let's see what gonna happen this weekend, we see there is a growth indication in accumulation which could affect the trend of the market and possibly more price increases.

Usually weekends, the market is slow, volume is low so I don't think there will be movement that we might see the price going down again. We are hovering on the $20k level, and as high as $21,700 yesterday so we might have seen the lowest low at $17k'ish but we shall see. Still good time to buy and no need to wait to like $15k. A good advise is to do DCA'ing.

To go up to $21k again maybe in the near future it will return to that price but with the current price still in the middle of $20k it means that there is a possibility that it will go down to $18k again and to reach $15k it won't be possible again in my range  .
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Board Altcoin Discussion
Re: What happened to XMR and other privacy coins
by
Ojengonggu
on 22/06/2022, 02:36:47 UTC
Quote from: kensaii on June 20, 2022, 05:22:17 PM
The XMR coin value its privacy but by doing that, it associated itself with criminal activity. This made exchanges didn't dare to list it or people shy away from holding it since it could be a honey trap or their fund can be frozen. It's pretty sad to see how XMR and privacy coins become like this.

That's why so far the community has been very careful and guarded against the XMR coin which is very private so that things we don't want don't happen.
But how long will XMR's fate continue like that?
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Topic
Board Bitcoin Discussion
Re: Bitcoins Crossed 20k USD!! Don’t lose hope now.
by
Ojengonggu
on 21/06/2022, 05:43:46 UTC
Quote from: GreatArkansas on Today at 02:03:02 AM
Quote from: Hypnosis00 on June 20, 2022, 11:50:43 PM
That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).
(.....)
After we dropped below $20,000 before, my significant support level is now the $15,000 level which is really ugly and worst.  If you observed, Bitcoin easily falls below $17,000 after it drops to $20,000 so the same case is $15,000 if ever we will go back again to $17,000.

Overall, I don't want to happen it anymore, for me, the recent dump is already good for me as pullback from the huge run last year.

But the definition of bitcoin price that we are looking at right now is still around $20k and will this give support to rise above $20k or fall below that and this is pretty good for us to take one point up because it still ends at $20k.
For the current price breakout I don't think it's over yet and the situation will continue to trail.
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Topic
Board Bitcoin Discussion
Re: 8 months low, no better time than now.
by
Ojengonggu
on 18/06/2022, 04:55:58 UTC
Quote from: worle1bm on Today at 04:07:36 AM
Quote from: Ojima-ojo on June 16, 2022, 08:06:05 PM
So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader. 
Have seen this much low near $20k after a long time and the market sentiments are low but there is need for huge investments at this time for prices to rise above and for sure this is really good time for people to invest money into bitcoin.Have invested little what i have saved at around $25k and now just want to hold it for long term without getting worried and hope this overs soon.

$25 thousand I don't think it's a little money sir but I applaud the current market price sentiment you are really brave to buy that much bitcoin without you sharing it with several other altcoins but you only focus on one goal, namely bitcoin.
Hopefully you will always be patient in waiting for your profits that are in front of your eyes because the price of bitcoin has now reached the level of $20 thousand.
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Topic
Board Altcoin Discussion
Re: HODL
by
Ojengonggu
on 18/06/2022, 03:41:27 UTC
Quote from: ilovealtcoins on Today at 03:22:15 AM
Quote from: kensaii on June 17, 2022, 06:40:46 PM
I would hodl on but only at 50% of my initial investment in cryptocurrencies. Yes, even if it means a loss, we should cut loss right instead of stubbornly hodl 100% of our bag, I think. Cause it going to be lower in this bear market time so I rather have back some of my investment to buy the dip rather than lock out from any chance of opportunities.

if you cut your loss and the price doesn't keep falling then you have to regret it. if you are holding bitcoin or eth then i think stop loss is not necessary. The market has dropped to 80% 90% of the value at this point the cut loss order is no longer meaningful so if you still have enough faith in bitcoin instead of the cut loss then DCA will be able to recover quickly.

Cut loss doesn't mean anything when a bear market is like this because the more we take a higher position, the more we feel the loss because the price we can't predict anymore.
90% decline in a market price is not uncommon but it is beyond our understanding.
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Board Speculation
Re: Bitcoin Bottom is Actually In
by
Ojengonggu
on 17/06/2022, 03:52:18 UTC
Quote from: adaseb on Today at 02:38:20 AM
I think many bought at the 200 WMA around $22222 and many are buying the $20K wall. However it looks like the wall is getting eaten and most likely in the next 24-48 hours it might break.

If we close on Sunday under the 200WMA it will mean that the technical signal is no longer reliable. The next 72 hours are very critical.

Tomorrow will be a huge day due to the stock option expiry and will provide lots of volatility.

Yesterday I still saw the price of bitcoin was still around $21K and today it started to drop to $20K and this is a sign in the next 24 hours or 72 hours something they expect to see prices below $20K will happen in the near future And they will buy even more bitcoins to hold on to.
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Board Speculation (Altcoins)
Re: Is million token dead?
by
Ojengonggu
on 17/06/2022, 03:31:07 UTC
Quote from: Cryptoababe on June 16, 2022, 11:27:31 PM
As I can see. These tokens have no real genuine use case. Apart from staking or liquidity mining which any project can easily make possible. So, I can't say if they are dead. But as I Can see. Million coins and Derace token both look Dead to me.

Try to say or you are the name of some coins or tokens that are almost dead at this time.
So that they know and are not wrong in choosing a coin.
Because if they want to invest right now, of course, they really have to choose the right token and one that has strong power so that they don't go wrong.
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Topic
Board Altcoin Discussion
Re: Bill prohibiting crypto currency as means of payment on review.
by
Ojengonggu
on 16/06/2022, 07:16:27 UTC
Quote from: bittick on Today at 04:45:29 AM
Rusia is always doing the same thing over and over again. I can't even count how many times this country is stating to ban crypto. Crypto didn't need this country. The bad news from this countri is not affecting crypto anymore. That's enough for crypto. I think that whole of crypto users must abandon any news that came from there. I never seen good statement was coming from there. There are bunch of FUD.
Even the russian citizen were actively using crypto


That's why the Russian state always takes positive things even though there are many hot issues out there that act to create bad reputations for bitcoin because they want to see people leaving bitcoin.
I myself am also not too concerned about the hot news or other news about their country, I think it's normal but their mentality to use bitcoin is strong enough with all the risks.
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Board Speculation
Re: $13,000 is quite possible this week
by
Ojengonggu
on 16/06/2022, 06:34:56 UTC
Quote from: mich on Today at 05:07:31 AM
I really hope that bitcoin does not drop anywhere near 13K. However, after the government's massive overspending during the pandemic and the war in Ukraine still going nothing would surprise me.

If bitcoin did make a correction below 13K, I will 100% be buying quite a bit more. I’m bullish on BTC and I know what an integral role the Blockchain will play in the financial architecture of the future.

I have no doubt that BTC will make huge gains in the near future and I’m confident in my position, it’s just hard to say how bad the global economy will crash in 2022.

It has fallen like what we are going through now.
And it's not a necessity anymore because the second thing happened but it's a price change and correction in the last few years.
To approach the price of $13k I don't think that's happened yet and I'm sure with the current price range of $21k bitcoin will end up going down at least $15k that's for sure.