The year 2022 was good for NFTs in many ways, 7 Important NFT Trends (2022). Overall the market was not bullish thats why not much activity was seen in almost all sectors. But that doesnt mean we must start ignoring NFTs, they have a future in years to come.
FED has announced a 75 point hike in interest rate and that takes interest rate to its highest in 14 years. At the moment there isnt any impact of this hike on crypto market but chances are that it will go high in coming week or months. Its good time to accumulate cheap coins for selling later in bull market.
I dont think there is any impact of FED on new alts like CATA they have to first gain investors confidence that they are worthy to be invested. There position will be cleared only once they are launched in the market.
I searched about there whitepaper and technical stuff but couldn't find what consensus algorithm they are using, can someone please tell what exactly they are using?
Its a different project, its not like something you can mine. CATA project is about providing a decentralized storage to NFTs and other projects.
On of the good news about CATA fans is that there social media accounts like twitter are finally a bit active. They need to put more focus on there social media channels.
Yes that's indeed a good news for CATA fans like me. Ether merger is round the corner and very soon we will have PoS taking over PoW. There are lots of Defi and NFTs project hosting on Eth blockchain and soon they will need a decentralized storage for which CATA will be the only solution.
I dont know what logic is this. NFTs are just a buzz word and very soon they will die and soon we will see some new concept emerging in the form of another buzz word. In crypto the only real solid investment is bitcoin.
There is a guide available where you can learn what CATA is https://cata-1.gitbook.io/cata-docs/introduction/what-is-cata . You have to give credit to the team for creating such a nice and comprehensive guide. There aren't many projects that have such guides.
The team created the guide and then forget to develop the rest of the project, its really that simple. Because thats the only thing found on there website nothing like info about project development or anyother useful info.
CATA's Metadata Engine, Minerva, is released now! thats why its sai to read the document section carefully to avoid such confusions. Minerva is the core component of CATA project. https://cata-1.gitbook.io/cata-docs/
Its really a bold decision to launch the project in this bear market. Conditions are not that much favorable for new projects but still if they can make a successful journey then it requires special skills.
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BoardAnnouncements (Altcoins)
Re: [MASS] Decentralized HARD DRIVE mining cryptocurrency | PoC | Low Energy cost
If you dig deep the mass coin then you will come to know that it has much more to do then just a mining coin. The concept of PoS consensus algorithm and supporting multiple instances of blockchain are few unique features offered by MASS only. just wait and see if there is any company using MASS.
Its just a matter of time before its get adopted by few corporate and the price of token will go up. You are right that MASS is not a shit or gambling token rather it has lots of utilites. Just wait for few more days and see whether corporates are adopting it or not before making ur final decision.
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BoardSpeculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
Patience is the key for every crypto project. You cant become rich overnight. If you have the patience to wait for 6 months to 1 year then BOOM is for you I am saying this because in next 6 months to 1 year price will go up since the token burning will decrease the supply of BOOM tokens which are deflationary one.
I differ here, see the history of this token its only going in down word direction. Patience and wait has its own limits, you cant wait for indefinite period of time. I dont there this coin can go up in next 6 months based on its news from the owners and price.
Dont say that a coin going in down direction has no chance of going up in future. In crypto we cant say that a coin has a bad history that means its future is also dark. Just do some research on BOOM, its still very much in the competition.
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BoardAltcoin Discussion
Re: BTC halving party is over, MASS PoC takes you back to ten years ago
Your observation seems to be very valid as MASS price is now on 0.03$ which is bounce back from 0.02$. MASS is proving that its here to stay. Every coin can survive the bull market surviving the bear market is the key.
Price is not the only factor which need to be considered while we invest in any coin. We need to know in Which direction the token is heading like on which exchnages it is listed and what are utilites of the token. If you keep on running after the price then you will end up losing money.
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BoardTokens (Altcoins)
Re: [ANN] DEXBERRY: A Cross-Chain Decentralized Mega-App (Patent pending) Presale!
love to see such product getting live where everything is integrated in one app. The real test is whether you can deliver what you are promising in your whitepaper or not. These days product is totally different then what is said in the whitepaper, hope thats not the case here.
They have done quite a good work to come to this stage and I am sure they will deliver what they have promised. good thing is that they have claimed what is easily possible to implement. Its best to offer things you can deliver otherwise you defiantly land in trouble. I am waiting to see what they are going to roll out.
One more thing that is going in Dexberry favor is that they have registered business which has physical existence. In today's volatile crypto environment people prefer businesses that have physical existence rather then just have digital existence.
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BoardAltcoin Discussion
Re: BTC halving party is over, MASS PoC takes you back to ten years ago
by
azadm1
on 16/01/2022, 18:36:09 UTC
The price of MASS is very much stable at 0.04$ which means it has chances of rebound from here. If you see TA of MASS then it always has a rebound from 0.05$. DYOR before making any decision on investment.
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BoardSpeculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
Nobody knows the reason but its very much clear that BOOM is not going to take any boom in upward direction, its price is going only down. May be it goes up if suply of BOOM tokens goes down but it will take time.
you are right there is no point in buying BOOM for short term investment. its a coin for long term investment, those who can wait to get profit should only buy it. BTC is going down so its better to be careful
Investment id always for long term, if you want gurantee profit then buy coins when they are at there dip and HODL. Stop chasing coins that are on there ATH or at some peak value.
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BoardTokens (Altcoins)
Re: [ANN] DEXBERRY: A Cross-Chain Decentralized Mega-App (Patent pending) Presale!
by
azadm1
on 16/01/2022, 18:25:07 UTC
There is huge market of NFT that is yet to be explored, focus these days is more on NFTs then traditional crypto. Please publish what NFTs will be available on your app for trading. this will be helpful guide for people interested in NFTs.
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BoardSpeculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
by
azadm1
on 09/01/2022, 19:31:52 UTC
You need to be careful if you are investing in BOOM, as its price is very much down these days. Seeing the bearish crypto market I am sure prices will remain down for quite sometimes. Better for few more decrease in price.
Going through there docs I came to know that "CATA's Metadata Engine, Minerva, is released now!".
Its a data query engine built upon a combination of three co-operating components: Qri- the data management tool, Drill- the distributed query engine, and IPFS- the storage backend. (source)
Thats a good news. We need to learn more such news to get familiar with whats going on. Minerva is back bone on CATA. It takes benefit of flexibility of Drill’s query engine and the scalability facto of IPFS's filesystem which is decentralized. Every user of Minerva has a local node, and the Minerva nodes form a peer-to-peer network. A user who has a particular dataset in her local store is a provider for that dataset, and can accept queries about it from other users in the network.
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BoardSpeculation (Altcoins)
Re: MASS is profitable and Cheap to mine ... Here is why?
Its already on too many exchanges and generating attractive business. I think price of MASS is quite reasonable to be bought at this rate. We already have seen few bull runs where MASS got closer to 2$. Its a safe bet to invest in MASS at this rate.
It keep on growing and makes me wonder how instantly MASS has done all that. It was launched just a year ago and still quite reasonable stats. I dont know about mining but keeping MASS at such low price in your wallet is something worthy.
NFT in very short time has gone up to the moon. It seems that this trend of NFT won't end very soon rather it will go more up in days to come. I think we need to see more details of this project like who is behind them and token sale. I am interested in buying it but have no idea how to buy it. Can OP guide me?
Yes. If you go and look around this forum you will find lots of posts related to NFT. CATA is killing two birds with one stone i.e targeting FLOW blockchain and solving decentralized storage problems. Lets see whether they roll out what they promised ?
NFT is perhaps one of very few concepts that have received good response from community. I have a query regarding cata, can you give an analysis of how much cost effective is data storage on this blockchain and how much benefit it gives to user.?
NFT projects are at very early stages and NFT has the potential to reach 10x. So there is no reason not to invest here. Game development will find nft based storage ideal. Since its fast n easy to access data from nft blockchain and not to forget its low price.
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BoardMining (Altcoins)
Re: What are options to mine a profitable crypto on my computer.
It may be a good option but its not listed on any exchange. Thats where the whole story stands, you need to invest your trust and efforts in a token thats not listed. Once listed it goes too high and complexity goes up.
The 24hr volume is pretty much 0 for that exchange and that coin. In fact that exchange has no real volume in ANYTHING. Total volume for all coins appears to be around 0.45BTC with almost all of it in BTC.
There are many options available to mine profitably. You can go through this thread and will find many. It's not necessary that coin that is on exchange and has price is good for mining. There are many hidden gems that are in initial stages, we need to find those gems.