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Showing 20 of 1,132 results by Paycoinzzz
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Board Altcoin Discussion
Re: Nearly 12% transaction fee on the ERC-20 platform!
by
Paycoinzzz
on 06/01/2021, 04:29:49 UTC
The impression is too excessive, whatever is offered may not necessarily come true.
for me personally would not dare to participate in an event like that.
by the way does anyone know what exactly they have to offer?
They don't offer us anything to do, just that those who are inside the whitelist have to go one step, called GAS WAR!
Currently, the trend of Polkadot is really making a positive impact on the investor community. Perhaps that's why they accept hundreds of dollars of fees just to participate in projects on the Polkadot ecosystem.

By the way, sorry everyone so much for now I have free time to go back to my post to discuss with you. Thank you very much for your opinion so that I can better understand the current market sentiment. Kiss
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Topic
Board Altcoin Discussion
Re: I'm dumping my coins because..
by
Paycoinzzz
on 15/12/2020, 18:20:21 UTC

The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?
Previously I had the same idea as you and hopefully the tokens I received from the Bounty campaign will pump big.  But after 5 months of holding tokens such as WPP, BBOD, EZY, IQcash, ... all seemed to be trash.  It occurred to me that most of my projects opening bounty campaigns were failing, so I decided to sell them all, even if they only made a few dozen dollars.

I came up with a new strategy that whenever I get tokens from a campaign, I will sell them as quickly as possible to get money and buy Bitcoin.  I think this is the best strategy to increase the amount of money you have after years of holding, because Bitcoin is never undervalued and will do a halving every 4 years. Wink
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Topic
Board Altcoin Discussion
Topic OP
Nearly 12% transaction fee on the ERC-20 platform!
by
Paycoinzzz
on 15/12/2020, 17:28:21 UTC
Hey folks,

Today I was really surprised when traders are willing to pay nearly 12% transaction fee to get slot to buy token of SpiderDAO.
As far as I know the way to join SpiderDAO's Presale is first come first serve, only 100 fastest people are chosen to buy tokens.  So traders must choose Gas price more than 500 wei to scramble for slots.


Here's a picture I gathered from a member of SpiderDAO Presale's participation

What do you think about Defi's hype this time?  Why are people willing to pay such a large fee like that ?  Undecided
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Topic
Board Altcoin Discussion
Re: Why difference in Transaction fees
by
Paycoinzzz
on 15/12/2020, 16:55:36 UTC
As a newbie into cryptocurrency world, I understand up to a certain extent the reason for high or low transaction (gas) fees on mostly used blockchain network which is ethereum.
But a thing I find funny is doing a transaction almost at the same time on both tron link wallet and Klever wallet, a gas fee of just 1 tron was charged on tron link while Klever charged about 13 trx for the same amount of transfer at almost the same time. What can possibly be the reason for that?
Transaction fees on the ERC-20 platform were triggered a few months ago as Defi got hotter and hotter.  So the fee increase isn't due to the poor processing speed of the ERC-20 platform, it's just that they have to deal with tens of millions of transactions per day.
Tron's platform is cheap because they do not have to serve too many transactions during the day, so the dispute between the nodes has not happened yet.

Due to the above difference, we should hold the coin at TRC-20 and should only use ERC-20 when you need to invest in current hot Defi projects.  So kindly be patient and wait for Ethereum 2.0 to officially launch, I believe that fee will be reduced back to normal.
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Topic
Board Altcoin Discussion
Re: STRANGE RISE PATTERN
by
Paycoinzzz
on 15/12/2020, 16:42:57 UTC

What could XRP be doing wrong to make its price suffer the falls while it should be rising?
The price reduction of XRP is quite understandable as it has tripled its market cap in just 1 week.  This growth is due to the airdrop of the Spark token and when it runs out of hype, and investors receive the token, it is time for them to sell off XRP.

The sell-off has only just begun and it is likely to decline further.  So be careful, when it gets too high, it can drop drastically in a short time.  Limit order Long at this point, the risk is very high.  Smiley
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Topic
Board Trading Discussion
Re: Constantly burning out my trades. What do I do to avoid this?
by
Paycoinzzz
on 15/12/2020, 16:03:29 UTC
Hey,

I believe I have caught myself in a loss-chasing cycle. It's gotten to a point where I am now using my overdrafts and my final cryptocurrency investments to try and recoup any losses I have previously made.
The lower my funds get, the riskier my trades get, and the higher the leverage used. In total, I have lost just under £10,000. This is becoming more and more depressing as time goes on.

How do I safely recover my losses, preferably over a short period of time?
Actually this is a common cycle of traders on this market.
First, you will trade in a very lucky way and you will make a lot of profit from this market.  After that, you will fall into a subjective cycle and become greedy;  And I'm sure you are on this cycle.

Honestly, trading to get back £ 10,000 that you have lost in a short time is impossible.  Because your greed will rise again and you will lose again.

My advice now is that you should rest for a while, trading in a stressful mindset, the more you will lose.  Keep your mind clear and create a new safe trading plan, if you are serious, you will soon get your money back.
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Topic
Board Trading Discussion
Re: Who are the 1% of traders who earn with trading?
by
Paycoinzzz
on 15/12/2020, 15:50:55 UTC

•   Only 1.6% of traders remain profitable net of fees in the long-run

Who are in your opinion these ∼1% of traders? Why they are able to remain profitable? Are you sure you are one of them, if you include taxes, fees, etc.? Wink

1.6% of the winning traders are whales and whale followers.  Yes, im not kidding, this is true of any financial market.  That is why there is a very good saying in the financial markets, that the more money people have, the richer they are.

Margin trading, Futures, BO are all gambling;  The market and rich institutions are the bookmakers so your chances of winning are very low.
- I just want to tell the truth and hope the new traders here must be very focused when trading and never be subjective.  Getting rich by trading is a long project and you have to sacrifice a lot to become professional.  Trust me guys Wink
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Topic
Board Altcoin Discussion
Re: ETH 2.0 has still no Effect on ETH price
by
Paycoinzzz
on 14/12/2020, 18:34:38 UTC
Everyone know ETH 2.0 is recently Passed  and unfortunately I had not seen any positive changes in Ethereum Price .
I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum just like bitcoin halving effect the bitcoin price like halving make BTC price higher . but Ethereum 2.0 doesn't show anything till now.
Please share your thaughts about this it will be pleasure for me
I think you've got some confusion here about ETH 2.0 as well as their PoS scheme coming.  You should know that the news about Ethereum 2.0 updates dates back more than a year.  All traders or investors have had a buy mentality for a long time.  I can even confirm that Ethereum 2.0 had a strong impact on the price of ETH in March when the price suddenly plummeted.

The current problem where ETH has not been able to break the $ 620 resistance zone and reach $ 700 or $ 800 is that Bitcoin has yet to break resistance at the $ 20,000 price zone.  They all need corrections and accumulation, after which they can have enough buying force to break the strong resistance zone above. Smiley
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Topic
Board Altcoin Discussion
Re: 19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015
by
Paycoinzzz
on 14/12/2020, 16:19:20 UTC
Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html
Also, I think the number of XMR he has was bought by his parents, but it's all labeled because Rostislav Solod bought it.

I have not mentioned his knowledge, but when 19 years old has such a high position, there is a high chance that his parents are using power unjustly. Besides, their family also borrowed the title of their son Solod to facilitate money laundering, because Monero is a privacy coin and no one can access the real information of the trader.

In my country there are also such families in the political apparatus, after the children do not have enough experience to take on the high position usually will not help the country. Lips sealed
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Board Bitcoin Discussion
Re: WARNING - BITTREX lock accounts
by
Paycoinzzz
on 14/12/2020, 15:58:42 UTC
Hi,
My account on bittrex was blocked, and i'm waiting for 9 days and no more updates in my ticket.

JUST FYI be careful with BITTREX
Bittrex currently has a hard time managing the information of users, anyone who does not perform KYC or provides enough information, they have enough reasons to lock your account.

I think this is the rule of the game at Bittrex and you should follow it. The fastest way to handle this is to DM directly to Bittrex supporters on Telegram so they can assist you as quickly as possible.
https://t.me/BittrexGlobalEnglish

This is the telegram link that leads to their official group, and wishes you will be able to reopen your account soon.
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Board Bitcoin Discussion
Re: I quit smoking and buy Bitcoin every week
by
Paycoinzzz
on 14/12/2020, 15:47:55 UTC
Haha, you are such a smart and real man. Tobacco is really harmful to our health and when we are addicted to it, it causes a lot of harm to our body and nervous system.

I am also a smoker but I intend to quit 2 weeks ago but I am not motivated. Your idea is really good and I will try it out.
I have saved this article and if 10 years later I am successful and healthy, I will definitely not forget you. Right now I can only give you 1 merit to cheer you up, fighting bro!  Wink
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Topic
Board Bitcoin Discussion
Re: Will mainstream users care about the difference?
by
Paycoinzzz
on 14/12/2020, 15:39:27 UTC
Assuming that they can receive and send their money quickly and conveniently with ecash, I speculate that they will never care about the difference between centralized and decentralized.

Would this not hurt bitcoin as a currency? Would this not only encourage bitcoin to be used as a speculative investment? How about mainstream adoption?


Read in full https://www.coindesk.com/pboc-governor-says-successful-digital-yuan-trials-have-transacted-299m
Despite the small success of high transaction demand in China, it is actually very difficult to approve Bitcoin.

As Yi Gang said, this is just the beginning of a demo implementation using cryptocurrencies and their legal framework remains their biggest hurdle. It is really difficult to accept cryptocurrencies because if they cannot manage it well, money laundering will happen soon. And that will certainly affect the general economy in the future a lot.
So we should only be happy that China is showing a positive signal about Crypto, but the announcement of its widespread use has to wait a very long time Cheesy
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Topic
Board Bitcoin Discussion
Re: Virtual credit card.anonymous.cryptocurrency
by
Paycoinzzz
on 13/12/2020, 18:24:26 UTC
Wow wow, this is really a super service. Personally, I feel that the team is really dedicated to working with Visa and Mastercard to create such a large and wonderful ecosystem.  Undecided

But my question is, why does our credit card have an expiry date? We paid a very high fee to be able to buy the coins and use the service, but do we have to use that money in the term as well? Is this too much?
Besides, how to believe that Ezzocard is a reputable business? I couldn't find any information about the team. Maybe this is a lie service? Have you tried using Ezzocard's service yet?
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Topic
Board Bitcoin Discussion
Re: Bakong the new modern way of payment in Cambodia
by
Paycoinzzz
on 13/12/2020, 18:11:32 UTC
The adoption of Blockchain technology is a good thing as the world is increasingly embracing Blockchain technology and will certainly be legalized in the future with more legal coins.

But not this will make Cambodia's people richer. You know, that is just a normal payment method, in my country there is no need to use Blockchain technology but can still transfer money interbank in the country Smiley

If Bakong can truly interbank the world, that is what makes their country rich soon. In addition, this news only shows that the Cambodian government is upholding Blockchain technology and just wants to help the banking technology system work more efficiently.
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Board Altcoin Discussion
Re: What are your favorite coins to buy?
by
Paycoinzzz
on 13/12/2020, 18:05:12 UTC
I prefer to buy only 3 three my favourite coins, Ethereum, bitcoin and Binance because above coins have possibility to recover losses.... What is your comments?
Those 3 coins will definitely be profitable for us in 2021 as each has its strengths or good news.

For BNB, Binance exchange is still implementing coin burn mechanism, they will burn BNB according to a certain percentage of their revenue -> BNB will become more scarce -> price increases.

For Ethereum, we are certainly no stranger to the improved version of Ethereum 2.0. The new Ethereum 2.0 PoS mechanism really brings the great buying demand of the whales, they are going to call for two bigger rounds and maybe ETH will rise to 700 $ soon.

As for Bitcoin, there are many reasons to hold it in the long term. Bitcoin Halving done, Grayscale, and MicroStrategy continuously buy Bitcoin to hold for a long time, about 5 years. That is a sign that its price is about to explode in the coming years. Smiley
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Topic
Board Altcoin Discussion
Re: Pornhub now accepting Monero
by
Paycoinzzz
on 13/12/2020, 17:37:54 UTC
I really have a big question between the settlement of USDT TRC20 and Monero. I feel that using USDT is still stable and better than XMR, since the price is not volatile and transactions always have fee of 0.

USDT - TRC20 has great block handling speed and in addition it is fee free in transactions. As for using XMR, we run the risk of having to sell off after buying or incurring high transaction fees. So why should we choose XMR and celebrate it like that? Does a privacy coin have a special function than Tether? Undecided
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Topic
Board Altcoin Discussion
Re: Is this even normal?
by
Paycoinzzz
on 13/12/2020, 13:00:40 UTC
Guys is any of these normal?

1. Admin close down bounty group after bounty ends

2. Admin failed to update spreadsheet and gives stakes to participants and later block access to the spreadsheet

This is what base protocol team did to their promoters, all those that participate in signature campaign aren't rewarded any stakes and they can't even look at spreadsheet, bounty group is closed too so anyone can't complain and yet the team said they will make distribution in the next 42 hours
Actually, this is the intention of the team bounty manager and if you get too little compared to the actual reward, you can sue them.

The only way we can reclaim equity is by directing DM to the project's CMO to address this problem.  Maybe they'll work again with the bounty manager team. Wink
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Topic
Board Speculation (Altcoins)
Topic OP
Discuss about SpiderDAO / built on Polkadot
by
Paycoinzzz
on 12/12/2020, 19:23:22 UTC
Today, when I was surfing the newsfeed on Twitter, I came across Top7ICO review of SpiderDAO,




I find that it has many great partner and backed by many investment funds like Moonrock capital, capital Vendetta, ... Will they continue to make SpiderDAO as great as the previous projects they've invested in? Undecided


Also, just recently they announced an important news that is will list on Polkastarter. Link to the news on Medium : https://bit.ly/3gBRqEH

- So, what I wish is that we will have a serious discussion about SpiderDAO and I will appreciate the in-depth analysis of the future and its technology.
! And my main question is do you feel this is a real hidden Gem or is it just a regular Defi project shill? Let me know your idea after analyzing SpiderDAO, many thanks. Wink
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Topic
Board Speculation (Altcoins)
Re: ETH price in 2020.
by
Paycoinzzz
on 12/12/2020, 18:46:46 UTC
The bear market has come back and of course makes ethereum prices go down again had risen but fell again it is ethereum's current state Don't get your hopes up on ethereum until the end of the year breaking through $ 600 would be pretty good because reaching the end of the year would only take a few more weeks
  It is possible that you have had current chart analysis confusion. According to D1 chart, we absolutely see that ETH is still in bull trend and there is no sign of stopping.

At the time of writing, Bitcoin had a large number of investors bought Bitcoin and pushed its price back up to 18k7 $. So we can be more optimistic about the future value of ETH and Bitcoin. Again, good news for Bitcoin believers in particular and Cryptocurrency in general.
 
MicroStrategy is ready to buy 650m-of-bitcoin
https://beincrypto.com/microstrategy-ready-to-buy-650m-of-bitcoin/

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Topic
Board Speculation (Altcoins)
Re: eth 32 stakign kind of thing
by
Paycoinzzz
on 12/12/2020, 18:31:47 UTC
so if the most of the eth holders will reach to the point 32 eth will the ethereum price will collapse`?
Why it would collapse? It's on hold so why it will be like that? if everyone is holding it then that only means that there's a cut in supply.
With that, it will result in increase in prices yet it still depend on supply and demand of the market.
As far as I understand, the author's idea is, will many 32 ETH holders sell off and then the price will collapse?

You should keep in mind that Ethereum 2.0 PoS pools are limited and there will definitely be a lot of sharks that have a lot of money but still can't buy it.

But as far as I can tell, there won't be any sell-offs going on here. Because the Crypto market is in the bull trend and they have no reason not to hold on. If so, only a slight correction took place.