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Showing 20 of 45 results by amnakhan2011
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Topic
Board Bitcoin Discussion
Many New Projects & Platforms?
by
amnakhan2011
on 21/12/2020, 05:57:31 UTC
Since 2017, when the crypto was very booming at that time because of the bullish market, numerous projects were coming. It was likely many more companies wanted to be parts of the crypto world. However, that is the fact, more projects, more scams. As we know that so far, we can find out so many scam projects that always happen no matter what the types of the crowdfunding. Since ICO, IEO, STO, DeFi, there will be any scam and it cannot be avoided.Although there are many scams, I think that around 50% are also legit projects. they are such as some projects likely HEX, DIA, Cartesi, DEAP COIN, and others probably.
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Board Bitcoin Discussion
Any one Notice the Recent Booming of Alts Coin
by
amnakhan2011
on 21/12/2020, 05:49:28 UTC
Altcoins should be called good management to increase the price and jump. ‌ Any coin team or management can take their coins or tokens to a higher level. Many alitcoin prices are currently rising. The halving of bitcoin in the market has never been seen to be a success. Currently the price of many coins, including Bitcoin, is slightly higher. But there is no incentive to despair. The market is stuck in the traffic of investment.
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Board Bitcoin Discussion
About to have another altcoins rally?
by
amnakhan2011
on 21/12/2020, 05:37:42 UTC
Altcoins are definitely going to bounce but I don't think its going to happen this year, the year is almost over with just few days left to cross over, lets just say that even if altcoins are going to move, it will have to be next year probably,

But on the other hand, I have this feeling that altcoins aren't really going to make any significant movement like it did in 2017/2018 cus that's what everyone is expecting, people are expecting altcoins to move rapidly like bitcoin did but I have this feeling that the opposite will be the case, though this is not what I pray for.
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Board Bitcoin Discussion
Do you fear the most about crypto
by
amnakhan2011
on 21/12/2020, 05:31:04 UTC
I think we all agree that the most fear in crypto is the death of the crypto world. However, it seems not to happen in the near future, we will have a long journey in crypto space. As long as all parties support crypto industry, then we don't worry about the existence of crypto world. In the past, something that I am afraid of is when all the governments in the world try to stop the existence of crypto world together. But if we look at the current update, more and more countries in the world legalize crypto.
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Board Bitcoin Discussion
Will cryptoccurrency scams fade away with this new blockchain approach?
by
amnakhan2011
on 21/12/2020, 05:21:37 UTC
Cryptocurrency scam are in many forms and dimension so it may be impossible to fade away just like if nothing is done to monitor every cryptocurrency project that's been developed on daily bases, talking about cryptocurrency scam project can it be fade away have you seen many crypto platform that promoting some crypto airdrops, which I participated in some of the project there end of the day nothing come out of the cryptocurrency project.
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Board Bitcoin Discussion
Thought about new projects
by
amnakhan2011
on 21/12/2020, 05:11:08 UTC
Everyday new projects keep popping up here and there, with each of these new projects claiming they have solutions to the current problem we are facing in the crypto sphere, but only a few amount of these projects actually solve the problems and same time create waves projects like DIA, CATERSI, POLKADOT etc, but I would think twice before investing in any new project out there, cause most of them don't really have what it takes to survive in the market.
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Board Bitcoin Discussion
Achievement or Failure cryptocurrency in 2020 what will be
by
amnakhan2011
on 19/12/2020, 18:37:50 UTC
I think 2020 is a very good year for cryptocurrency.  The previous two years have been largely stagnant, and the current outgoing year has allowed bitcoin to rise in value again to its previous price record.  It is quite possible that on the third try he will succeed this year.  Alcoins have also risen well this year.  Bounty campaigns continue to work.  In my opinion, fraudulent projects have now decreased significantly.  Almost all projects where I participated in their signature campaign have been successfully completed and paid off with their tokens.  This year, a great impetus for further development was given to cryptocurrency by DeFi projects.  Therefore, I am quite happy with the current state of the cryptocurrency market.
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Board Bitcoin Discussion
ETH high fees so sad
by
amnakhan2011
on 19/12/2020, 18:23:23 UTC
Ethereum's high transaction cost issue has been around since bullrun 2017 & ETHKitties event, but the community still loves Ethereum, DeFi projects in 2020 also choose Ethereum over other platforms with lower transaction costs. The reason is that Ethereum has a huge community of supporters and the Ethereum development team is working very effectively.
Going back to the problem that you set up: SOLUTION FOR ETH HIGH FEES. I think we have several solutions:
+ Wait for the development of ETH2.0 in 2021. If ETH2.0's scalability reaches 1K tps, we will see transaction costs go down;
+ A few projects use other platforms to relieve pressure on the Ethereum network. I think Cardano & Polkadot are the best options.
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Board Bitcoin Discussion
Awakening of cryptocurrencies
by
amnakhan2011
on 19/12/2020, 17:30:28 UTC
The fact that bitcoin prices have started to rise in the market is definitely good news for all users. The price of Bitcoin has been around the world at all times this year. But at the present time the price of Bitcoin has started to rise more. Bitcoin is a currency in the world that is a user-to-user transaction. So one of the easiest ways to transact. In a very short time, it is possible to do a lot more transactions at a lower cost. That is why global users prefer Bitcoin. That's why Bitcoin is so popular, so much speculation. Every day, various projects are planned around Bitcoin. I think the price of bitcoin will continue to rise in the coming days.
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Board Bitcoin Discussion
movement up, leads deep down !
by
amnakhan2011
on 19/12/2020, 17:18:59 UTC
I believe the Market has its mechanism to do the trick about the trends but sometimes even the natural market movements can be tricked also, some altcoins are pumped so fast that was created by an artificial demand like what happens now in Defi projects the pump is too fast and it was too risky for sudden dump I'm sure many speculators will suffer.
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Board Bitcoin Discussion
Dark side of Cryptocurrency
by
amnakhan2011
on 19/12/2020, 17:13:31 UTC
Cryptocurrency still rules the software market till date. Yet like a coin has two sides, cryptocurrency too has a dark side.Cryptocurrency is a form of digital currency which has no physical form. It contains of a block which has all the transaction details and a chain which secures the block forming a blockchain. As the transaction goes on, a huge network of blockchains form. We have various currencies across the globe.Unfortunately, a lot of different scammers launder money through cryptocurrencies and there is nothing to be done about it, since scammers have already gained experience of fraud in other areas before the cryptocurrency sphere, and in the cryptocurrency sphere, it is even easier for them to do dirty business, but you should not pay attention to it because there are various organizations trying to fight with scammers.
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Board Bitcoin Discussion
Greed is Evil...
by
amnakhan2011
on 19/12/2020, 16:51:33 UTC
Greed is when we are taking more than we can chew. Of course, we all have dreams and desires but when things can be too much for what we can handle then it can become just another greed. In the world of cryptocurrency, because of the easy access and its global reach, many people are empowered to be a part of a great financial, money and banking revolution, and we must be taking this as a good opportunity rather than be a tool for extreme greediness.
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Board Bitcoin Discussion
This could be the longest bull run so far in crypto history!
by
amnakhan2011
on 19/12/2020, 16:44:06 UTC
It could be, but still too early if we conclude it now! Just look at what to happen in the crypto market next, in 2021. We need to monitor first how the crypto market trend in the next few months. If the bullish season continues, then we can say it is the longest Bullrun in history. We all must realize that the bullish season can be over at any time. So, don't be so surprised if the bearish season comes back suddenly. But personally, I also don't expect it!  Cheesy
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Board Bitcoin Discussion
Central banks create their own digital currencies
by
amnakhan2011
on 19/12/2020, 16:28:53 UTC
Some central banks have already created their own cryptocurrencies, I don't know exactly for what purposes, but I think it was all for a reason, but in general all banks understand that cryptocurrencies are developing very quickly and most importantly successfully, and a lot of banks also want to develop in the cryptocurrency sphere, I think that gradually more and more different banks will create their own cryptocurrencies and this will help the cryptocurrency sphere to develop faster.
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Board Bitcoin Discussion
Blockchain and religious person
by
amnakhan2011
on 15/12/2020, 19:00:42 UTC
Personally, I have no experience with religious people in regard to the blockchain and cryptocurrency. However, I do believe that it is important that we respect whatever views these people may have on this subject though if they have an open mind maybe a little education can help. Always emphasize to them that blockchain technology means transparency and away from the control of a group of people and in some sort can be freedom to many. There is no need to go into the deep technological aspect as that can be so hard to fathom for people already above 60s, maybe younger people can be easily swayed to open their understanding. One thing for sure is that there is no evidence to connect blockchain and cryptocurrency to the myriad of symbols in the Bible.
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Board Bitcoin Discussion
Visa accept the existence and appeal of crypto
by
amnakhan2011
on 15/12/2020, 18:53:46 UTC
Ebay & Visa, a lot of other tech giants will consider integrating crypto into their ecosystem. Perhaps using crypto for payment is still not feasible at the moment, but using crypto as a reward for the loyalty program is feasible now. We all know the feeling of "happiness" to own an asset that can increase in value tomorrow like crypto, the tech giants are bound to exploit that feeling Smiley
Amazon, Walmart, Kroger, Costco... could be the next names in crypto fan club. Alibaba or Taobao can also be approached, but I think digital Yuan will be given priority under pressure from the Chinese government.
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Board Bitcoin Discussion
Borrow money to invest in crypto
by
amnakhan2011
on 15/12/2020, 18:46:44 UTC
Borrowing money at $19K, is not smart. I also know that getting loans at $10K and selling right now would have been an amazing idea. Personally, I was trying to get loans in summer for a quick 2x flip, so I don't believe it's always a bad idea.If that market is greedy, it's never a good idea to risk more than you can afford to lose. But if you "know what you're doing" and quite sure about things, then getting loans and throwing them into encrypted currency isn't always the worst idea. It's how some have made the most money to be honest.

I also recently invested more than I could afford to lose (going from 95% in to 98.5% when price was around $10-11K). Best decision I ever made! This was also on the basis of selling the 3.5% when price broke $18K, as it's actually money I need  Tongue
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Board Bitcoin Discussion
Some Exchanges Kill Token Price
by
amnakhan2011
on 15/12/2020, 18:23:48 UTC
Exchanges like Latoken, Vindax, Coinsbit and P2pb2b are some of the worst exchanges in the industry and have a huge tendency to dump token prices when listed there. This exchanges are associated with wash and bots trading and makes it highly impossible and unpalatable for traders to explore trades on them and thus leaving bad experiences ultimately leading to loss of interest and in turn price dumps.Binance, Houbi, OkEx, Kucoin etc are very good in the market. Most of the projects listed there increase the level of much more investment.
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Board Bitcoin Discussion
The new plans and their unrealistic excuses
by
amnakhan2011
on 14/12/2020, 18:52:54 UTC
This covid-19 pandemic actually doesn't give a big impact on the crypto world. Crypto itself is going up during this pandemic because many people are turning to look at this crypto. If a project really makes this pandemic as the reason why their project is failed, it seems strange. I think that they will also be failed even there is no pandemic. because they ave no solid team
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Board Bitcoin Discussion
The Token Liquidity Issue
by
amnakhan2011
on 14/12/2020, 18:40:50 UTC
This liquidity thing is an issue since then, But it should be adopted first with other Blockchain Network because currently, only Ethereum Network has a popularly known about DEX with automatic liquidity. And if this kind of trend will continue and applied to the entire system many centralized crypto exchanges will lose their income because no one will list their project token to that exchange that was required monstrous fees before they list your coin or token.