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Showing 16 of 16 results by Paddy man
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Topic
Board Bitcoin Discussion
Re: Bitcoin dominace is not decreasing
by
Paddy man
on 07/08/2025, 03:56:44 UTC
Market dominance based on market cap is an overrated thing. When bitcoin dominance was about 52% a lot of people were worried about how it was losing its dominance, and I find it very amusing because it's not important at all. When bitcoin had a market dominance of 80%, it wasn't this big. Ethereum has a market dominance of 11% but it's still one of the least performing coins in the market. A lot of the top coins by market cap are a fluke. Most of them have a ridiculously large amount of coins in circulation. If a coin like Shiba Inu, for example, gets to $1 per coin  (I know it's almost impossible because of how shit it is), that will make its market cap around $589 trillion, which will mean it has a higher market cap than bitcoin. Does that make it more dominant?

According to CoinMarketCap, there are about 19 million coins and tokens out there, and hundreds are being created per day, so it's normal that the percentage of dominance by market cap will keep shifting. At the rate coins get created, I won’t be surprised to see bitcoin "dominance" go lower than 50%. It's very normal because people will use altcoins to get quick money, and that is why these coins always dump because people sell off to get profit at every chance they get.

When talking about dominance, we should look at how acceptable the coin is. Which coin is more acceptable as a means of payment?
Also, the popularity of the coin. Even though only a few percentage of the world holds bitcoin, a lot more percentage of the world know about bitcoin. They may not understand what it is, but they know bitcoin more than any other altcoin. There is no way you will know crypto and not know bitcoin, but you can know bitcoin and not know other altcoins, that's dominance.
We can even look at the coin with superior features. There's a reason big corporations choose bitcoin as their asset, and rumours of countries talking about bitcoin reserves. That's dominance.



 I agree with you. Infact, whenever the term crypto currency is mentioned the first coin I think of is Bitcoin and I believe  that is a reference coin in almost every members heart. That shows you how valuable and dominant Bitcoin really is.
In terms of value, longevity and volatility institutions like Fidelity Digital asset highlight Bitcoin’s edge over altcoins.(https://www.fidelitydigitalassets.com/research-and-insights/bitcoin-vs-altcoinsa-5-step-guide)
Post
Topic
Board Beginners & Help
Re: Things I Wish I Knew Before Posting on Bitcointalk
by
Paddy man
on 06/08/2025, 13:06:12 UTC
@OP, first of all, you should take this as a warning. I have noticed a hint of AI in your posts. I've checked your post history and some of your posts, and I know that you are using AI to either generate or refine your posts. However, I haven't reported you in the AI report thread yet or reported any of your posts to moderators, because I wanted to give you the benefit of the doubt that maybe you didn't know about this, but even though it's not in the official rules of the forum, AI-generated posts are frowned upon, and you will get tagged if you are found doing that.

So, be careful, and don't use AI. If you think you are not doing it and you are fine, ignore this part of my post.


-Short replies don’t help — you need to write like you're helping someone.

And who says help can't be done within one short sentence? It depends on the content of your post and not its length, and it depends on the situation.

-Posts in quiet threads may never be seen — post where readers hang out.

You don't need to post in quiet threads unless it's absolutely necessary, which it isn't, most of the time. There are plenty of active threads and discussions available at all times.

-Original thinking matters — don’t copy anything, not even from your own posts.

Copying is not allowed, but you can always quote yourself or others for reference, and then add your part on what point you are trying to make about what you've quoted.

Hello, thank you for your observationand response, I really appreciate. This were just my taughts as newbie in this platform and I felt like sharing it here. My bad if it felt like an AI generated content, that was not the original intention. As a beginner in this forum I learn daily and I will try my best to make my post natural and more meaningful, your guidance is greatly appreciated.
Post
Topic
Board Bitcoin Discussion
Topic OP
Governments Are Stacking Bitcoin – U.S., Pakistan, El Salvador…
by
Paddy man
on 06/08/2025, 12:38:20 UTC
The U.S. now holds over 200K BTC in a national reserve. Pakistan launched its own reserve in May 2025. El Salvador continues daily accumulation and now holds ~6,000 BTC.

Are we witnessing the start of a global Bitcoin arms race?
A turning point — or a silent takeover?

Your opinions are greatly appreciated!


Paddy man
Post
Topic
Board Beginners & Help
Merits 6 from 3 users
Topic OP
Things I Wish I Knew Before Posting on Bitcointalk
by
Paddy man
on 05/08/2025, 19:06:27 UTC
⭐ Merited by The Cryptovator (3) ,coupable (2) ,Mia Chloe (1)
I’ve recently made 10+ posts here as a new user, and I realised the forum works differently than typical social media. No likes. No shares. Just merit — and it’s earned, not given.

Here are 3 things I wish I knew earlier:

-Short replies don’t help — you need to write like you're helping someone.

-Posts in quiet threads may never be seen — post where readers hang out.

-Original thinking matters — don’t copy anything, not even from your own posts.

Hope this was helpful to someone

Paddy man
Post
Topic
Board Bitcoin Discussion
Topic OP
What Bitcoin Taught Me About Patience and Risk
by
Paddy man
on 05/08/2025, 18:22:19 UTC
When I first heard about Bitcoin in 2021, I hesitated. It felt too volatile and unpredictable. I kept saying, “I’ll buy some soon.”

In 2022, I finally bought a small amount — but after a short price dip, I panicked and sold. Weeks later, the price recovered and went beyond my original entry point. That moment made me realise:

♤Bitcoin doesn’t reward panic

♤Timing the market perfectly is a myth

♤Long-term thinking beats quick emotional reactions

I’ve since started using Bitcoin more as a long-term store of value than a get-rich-quick tool.
Post
Topic
Board Bitcoin Discussion
Re: Every Human in the planet should have 1 BTC
by
Paddy man
on 05/08/2025, 15:03:40 UTC
why bitcoin started just like this

before spreading bitcoin the author should have given every human being in the planet 1 BTC

but it turned out that only the ones who knew about bitcoin could buy or get it even for free

but how about the majority who didnt even knew about bitcoin

and now the situation is even worse there is a huge Gap between extremely rich and extremely poor

is this what the author of bitcoin wanted? an unfair distribution of wealth?

he knew how impactful the bitcoin will be
This is a powerful reflection, and I believe it highlights one of the most misunderstood aspects of Bitcoin's early days.

Bitcoin wasn’t launched with a big marketing budget or airdrops — it was an experiment in decentralisation. In 2009, no one knew it would become what it is today. The idea of giving every human 1 BTC sounds fair in theory, but in practice, there was no central authority or funding to make that happen. Bitcoin had to be earned, mined, or accepted — it wasn’t handed out by design.


That said, you’re right about the gap. Early adopters benefited massively, and many people in underdeveloped regions didn’t have access to the internet or the knowledge to participate. But that doesn’t mean Bitcoin is inherently unfair. It actually gives everyone today — regardless of background — the chance to participate in a financial system outside of government control.

Maybe the question we should ask now is: how do we use Bitcoin to bridge wealth gaps going forward, rather than dwell on how it started?

Curious to hear your thoughts on that.
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Topic
Board Trading Discussion
Topic OP
Traders or Gamblers? Most of Us Don’t Know Which One We Are
by
Paddy man
on 05/08/2025, 14:35:25 UTC
Let’s be honest — how many of us are actually trading and how many are just gambling with a chart open?

We set up indicators, draw lines, and talk about TA like scientists… but then enter trades based on emotions, Twitter hype, or the fear of missing out. The truth is: most people in crypto trading don't have a strategy — they have a hope.

Ask yourself:
– Are your trades backed by a system, or are they just reactions to price?
– Do you journal your trades, review them, and test improvements?
– Or are you just chasing green candles and rage selling red ones?

There’s nothing wrong with being a gambler — as long as you know that’s what you’re doing. But calling it “trading” while acting on gut feelings is the fastest way to lose your stack and blame the market.
So… what are you really doing? Trading? Or just playing a risky game in disguise?

Let’s talk. Cheesy



Post
Topic
Board Bitcoin Discussion
Topic OP
What Happens to Bitcoin When There’s Nothing Left to Mine?
by
Paddy man
on 05/08/2025, 14:00:42 UTC
Bitcoin has a hard cap of 21 million coins, and projections estimate that the last BTC will be mined around the year 2140. But this raises a serious question: what happens after that?

Currently, miners are incentivised through both block rewards and transaction fees. But once block rewards disappear, the entire system will rely solely on fees. Will that be enough to keep miners interested and the network secure?

Some argue transaction fees will naturally rise due to higher adoption. Others believe a lack of miner incentives could weaken security and leave Bitcoin vulnerable. There’s also the question of whether the Lightning Network and similar scaling solutions will reduce on-chain fees too much to sustain miners.

It's a long-term issue — but if Bitcoin is to last for centuries, shouldn't we already be thinking about its post-mining economy?

What do you think:
Will fees be enough?
Will Bitcoin need a protocol change?
Or will it evolve in a completely unexpected way?
Post
Topic
Board Altcoin Discussion
Re: what's stopping $PI from hitting $5
by
Paddy man
on 05/08/2025, 09:36:31 UTC
It’s been 5 months and 11 days since $PI started trading on exchanges, and to be honest, I’m still waiting to see its true potential. Back in February, it reached an all-time high (ATH) of $2.98, which got a lot of people excited. But since then, things have gone quiet, and the price hasn’t come close to that level again.
Now, with the upcoming token unlock, there’s been some fresh sentiment on X.

Some platforms are even offering rewards to people who deposit PI, probably to build hype and help the token grow again.

That brings up a couple of questions I’ve been thinking about:
What’s holding $PI back right now? Is it lack of interest, weak market conditions, or something else?
Can $PI reach its ATH again soon? Or is it going to take more time and real progress to get there?
It still feels like the project has potential, but something is stopping it from taking off. I’m curious to hear what y'all think—especially with all the talk around the new rounds of unlock scheduled.

You’ve raised some solid questions, and I think you’re not alone in wondering what’s really holding $PI back.

In my opinion, there are three main factors at play:

1.Token unlocks = selling pressure: When early adopters or insiders get access to unlocked tokens, many of them take profits, especially in a shaky market. That creates downward pressure and kills short-term momentum — even if the fundamentals are promising.

2. Uncertain utility and adoption: While $PI generated massive hype during the pre-listing phase, we're still waiting to see strong real-world use cases or clear utility that separates it from other L1s or “community-driven” tokens. Without strong demand drivers, price recovery becomes a waiting game.

3. Macro conditions + market fatigue: Altcoins are in a weird spot. Unless a project is part of a hot narrative (like AI, RWAs, or L2s), it's hard to attract new capital. Right now, many retail investors are sitting on the sidelines, and smart money is being selective.

That said, I wouldn’t write $PI off. The community is still active, and if the team delivers real tech or integrations beyond the hype, we might see a more organic climb — though probably slower and less explosive than some expect.

What we need now isn’t more hype — it’s proof of traction. If that shows up post-unlock, then $5 won’t sound so far-fetched.
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Topic
Board Altcoin Discussion
Re: Is XRP the next Bitcoin?
by
Paddy man
on 05/08/2025, 09:21:59 UTC
Could XRP (Ripple) Be the Next Bitcoin?

I am sure upon seeing the title, you leapt out of your seat and got ready to disprove me. Well that is also my reaction upon seeing the title of this article. I then read the entire article and it gave reasons why xrp can be the next bitcoin.

The article starts by introducing the two indicating their current value: Two of the most popular cryptocurrencies right now are Bitcoin and XRP (XRP 1.95%). As of this writing (July 28), Bitcoin's price of roughly $120,000 is hovering near all-time highs. Meanwhile, at only $3, XRP appears much more modest.

Looking at the value already, we can say that these two are miles away from each other. But then the article continues to dive into what makes xrp so unique to be compared to bitcoin.... Ripple offers a compelling alternative payments network for cross-border transactions. The Ripple network allows transactions to settle within seconds, and at a much lower cost compared to SWIFT (Society for Worldwide Interbank Financial Telecommunication) network.

The article then compared the two's supply. Bitcoin has a limit of 21 million while xrp has 100 billion limit. It made me laugh how the article quite explicitly said this about xrp... the scarcity psychology seen with Bitcoin doesn't seem to be present.

I think that we can stop reading the article after this one sentence... Ripple holds a portion of the XRP supply, meaning the token itself is not fully decentralized like Bitcoin is.

I do not know if anyone ever thought that xrp would be the same as bitcoin or would be the next bitcoin but just by looking at the two, the differences are too noticeable. If you want to ever compare an altcoin (or god forbid a memecoin) to bitcoin, just write it out and notice how foolish you sound.

I get where you’re coming from — the comparison between XRP and Bitcoin always feels a bit forced, especially when you break it down technically and philosophically.

Bitcoin isn’t just a payment system; it’s a decentralised monetary network with a fixed supply and no controlling entity. XRP, on the other hand, was built for a very specific use case — fast, low-cost cross-border payments — and it does that well, but with trade-offs like centralisation and large pre-mined supply.

The moment a project relies on a company (Ripple Labs) to maintain or grow adoption, it automatically drifts away from the “Bitcoin model.” XRP may have use-case potential, especially with banks and remittances, but calling it the “next Bitcoin” feels more like marketing than analysis.

If anything, I’d say XRP is more like a specialised fintech token than a store-of-value asset. The two play in totally different leagues — and that’s okay. Not every altcoin needs to be “the next Bitcoin.”

That said, it’s interesting how narratives like this still get traction. Maybe that shows how strong Bitcoin’s benchmark status really is.
Post
Topic
Board Altcoin Discussion
Re: What do you think the next big trend in crypto will be?
by
Paddy man
on 05/08/2025, 09:08:29 UTC
We’ve seen DeFi, NFTs, memecoins, AI tokens… but what’s coming next? Will it be real-world assets (RWA), L2 ecosystems, something in gaming, or maybe something completely new?

Curious to hear your thoughts - where do you think the smart money is going next cycle? Huh

That’s a solid question. I think we’re entering a phase where narrative-driven trends will need to be backed by real-world traction to survive. My bet for the next cycle? Real-World Assets (RWA) and permissionless AI-integrated DeFi platforms.

Here’s why:

1. RWA tokens = bridge to institutional liquidity
Governments and asset managers are finally warming up to tokenised bonds, real estate, and commodities. The moment yields on-chain match off-chain demand (with compliance baked in), we’ll see massive inflows. Projects like Centrifuge, Ondo, and even Maker are already leaning this way.

2. AI + DeFi = smarter money management
Forget buzzwords. The projects that integrate AI for actual use — like automated yield farming strategies, smart debt risk analysis, or predictive NFT valuations — will lead the next phase of DeFi evolution.

3. GameFi with real IP rights
If someone nails gaming with actual user ownership of in-game content tied to real-world rights (not just JPEGs), that could be explosive.

I think smart money is rotating from pure speculation to hybrid utility — combining regulation-ready infrastructure with user-centric innovation.

What do others think — are we seeing signs of this shift already, or is it still too early?


Post
Topic
Board Altcoin Discussion
Topic OP
Red Flags I Look for Before Touching Any Altcoin
by
Paddy man
on 04/08/2025, 23:54:28 UTC
After getting rugged (twice), I’ve started developing my own personal checklist to spot red flags in new altcoin projects. Here are a few I now take seriously:

Team not doxxed: If there’s no face, it’s a risk.

No GitHub activity: A “project” with no code is a meme, not a coin.

90%+ tokens held by insiders or devs: Obvious exit trap.

Whitepaper is vague or just buzzwords.

No clear revenue model: If it doesn’t generate value, it won’t last.

Just wanted to throw this out there for discussion: What are some of your “dealbreaker” red flags when it comes to altcoins?
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Topic
Board Altcoin Discussion
Topic OP
Is AI-generated content a threat or boost to crypto projects?
by
Paddy man
on 04/08/2025, 18:40:44 UTC
Hello Bitcointalk,

With the rise of AI tools like ChatGPT, I’ve noticed more crypto projects are using AI for marketing, whitepapers, and even roadmap generation. Some say it speeds up development, others say it’s just lazy hype.

Do you think AI-generated content adds value to the crypto space, or does it just dilute the authenticity of projects?

I'll be excited to hear what more experienced members think. Are there any legit projects successfully using AI that you trust?

Thanks!
Post
Topic
Board Altcoin Discussion
Re: Are meme coins still worth holding in 2025?
by
Paddy man
on 04/08/2025, 18:31:34 UTC
Memecoins were never worth holding for a long time. Just do a simple math. Try to find out how many memecoins were launched in a year and then find out how many of them sustained. The percentage will come to less than 0.1%.

So I wouldn't recommend you to ever hold any memecoins. It's like gambling. You either win or loose and the potential to loose is higher. So choose wisely. These are not for holding. Enter when the appear in the horizon, sell when they pump and run away with profits without looking back!

Thanks a lot for your perspective — especially coming from someone as experienced as you.

I agree that the survival rate of memecoins is extremely low, and holding them long-term is definitely risky. The way you compared it to gambling makes a lot of sense.

That said, I’ve seen some people claim they’ve built decent portfolios just by catching the right memecoin wave early. Do you think there’s any logic in tracking community momentum and hype patterns to spot a short-term winner before it pumps — or is that just another illusion?

Curious to hear your thoughts.
Post
Topic
Board Altcoin Discussion
Topic OP
Are meme coins still worth holding in 2025?
by
Paddy man
on 04/08/2025, 16:38:04 UTC
Hello everyone,

I'm still new to crypto and Bitcointalk, but I’ve been observing how meme coins like Dogecoin, Shiba Inu, and others have evolved over time. With many new altcoins launching every day, I’m wondering — are meme coins still worth holding in 2025, or is their hype finally fading?

Some people say they’re just jokes, others believe they now have real communities and value. What do you think?

Would love to hear from both OG holders and new traders.

Thanks in advance!
Post
Topic
Board Nigeria (Naija)
Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread.
by
Paddy man
on 02/08/2025, 16:13:43 UTC
Username: Paddy man
State: Rivers
Country: Nigeria
Skills: Critical thinking, Electrician, Interior decor

Hello guys, I'm new here and eager to learn what works and what doesn't work in this platform. You support regarding this is highly appreciated