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Board Announcements (Altcoins)
Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue
by
hodap
on 11/08/2021, 21:01:22 UTC
WTB, also larger amounts, pm we with offers. Escrow needed.
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Topic
Board Bounties (Altcoins)
Re: CoinChum Article, Video & Signature [Bounty] 💰🕵🏻‍♂$32,000 CHUM 🥳
by
hodap
on 30/07/2021, 14:56:28 UTC
#PROOF OF REGISTRATION
Forum Username: hodap
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=339082
Telegram Username: @hodap192
Participated Campaigns: signature campaign
Curent post count: 306 including this one
BEP-20 Wallet Address: 0xAe57D0DC01A32b58e8De2B1894a36293B44b1B94
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Board Altcoin Discussion
Re: Is Ethereum going to Die?
by
hodap
on 25/06/2021, 11:07:53 UTC
Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.
sometimes, people are tired of waiting for the development of a coin until they think like that. I also once thought that the price of ethereum would fall down. however, right now I wouldn't think so. I think it will only make us hesitate in holding coins. I used to think like that, and lost the moment to sell ethereum at such a high price. Right now, I don't want to lose that moment again.

You are absolutely right that people are tired of waiting for Ethereum upgrade to complete and see some improvement in its transaction speed resulting in reduction in fee but it is not happening. Let's hope that this upgrade comes to an end and upon completion, meets expectations of Ethereum Investors/Traders.

This is the biggest bottleneck Ethereum is now fighting with and the users and investors are becoming more and more impatient. Understandably they start to lose trust slowly and we need an urgent upgrade as soon as possible. It has been said already though that it will take at least another year.
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Board Altcoin Discussion
Re: BNB to $1k?
by
hodap
on 25/06/2021, 11:06:12 UTC
it will be very difficult for now but does not rule out the possibility, because from the beginning of Q2 this year the market has continued to fall and resulted in the marketcap continuing to fall and the prices of all coins dropping by more than 50%, we don't know if this is the start of a long bear.

Or vice versa, also possible that investors and traders are just resting and figuring out their next move,

Once money flows back this coin is surely one of those project that will received more investors interest, for now, it will rely to every

supporters to pushed the value up and start another bull run. This coin has that capabilities moving against the market and create
its own directions.

The big question then is why it doesn't already move against the market? Binance is earning money on a daily basis and BNB should do its own thing, but as we can see it doesn't. Everything is tied to Bitcoin for whatever reason.
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Board Altcoin Discussion
Re: BNB to $1k?
by
hodap
on 24/06/2021, 08:31:02 UTC
BNB could hit $1,000 by the end of the year but it needs bitcoin to resume its bull market & probably hit $150,000 at least, which is quite possible when following S2F etc.

For now I'd be very careful with any prediction as it is hard to tell what Bitcoin will do next. I don't think we mastered this downtrend yet. It is theoretically possible that is hasn't even really started. We could potentially see a sell off up to below 20k levels. I don't believe it will happen, but I am not convinced it won't happen either.
you have good thoughts. I also see that there is a high possibility that BTC will drop deeper and that will obviously lead to a huge dump in the crypto market. so does BNB. hoping to hit $1K this year seems like a tough one. but it does not rule out the long term. BNB has a good market and continues to grow. we will see it in 2-5 years in the future.

You always need have to have the overall valuation of Binance as a company in mind. It was close to $100 billion at its peak and that is quite the number to be honest. If you look at other companies $100 billion is impressive in comparison. However, hardly any company on this planet has the same profitability as Binance I would argue. They are extremely profitable and hence, the valuation didn't come out of thin air. Yet, BNB follows suit when Bitcoin dumps. I don't know why.
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Board Altcoin Discussion
Re: Question about Monero from a Bitcoin maxi
by
hodap
on 22/06/2021, 05:47:40 UTC
I've been in crypto for the last 4 years and I've been a maxi for the last 3. However, I've always had respect for the Monero project. Can somebody make the case why Monero does not live up to it's promises / is a scam / will fail?

More specifically I'm interested in the hearing arguments about the following issues:

a) Is Monero as suited for it's stated goal of private transactions as it claims
b) Is it better suited to this goal than using properly coinjoined btc over Tor
c) Is Monero actually decentralized to a decent degree
d) Why Monero will fail in the long run

a) Is Monero as suited for it's stated goal of private transactions as it claims- no, Monero can be tracked by monitoring node traffic and using tools patented by ciphertrace.
b) Is it better suited to this goal than using properly coinjoined btc over Tor- No, both are not safe and likely honeypots.
c) Is Monero actually decentralized to a decent degree- No, the majority of mining is done by cryptojacker malware and one mining pool controls the majority of the hashrate and can 51% attack at any time.
d) Why Monero will fail in the long run- No, due to it's design, Monero can never scale to be used as a world currency due to the time it takes to process bulletproofs, transaction confirmations, block size/centralization limitations.

Due to these reasons and more I sold my Monero for 0xMonero.

As for a), could we run the experiment with a transaction of mine? You put is as if it was no problem to track Monero transactions. Cool, let's assume I believe you, would you be so kind and deliver some proof? What do you need from me to show that you successfully tracked my Monero transaction from one address to another, let's just go for a one step transaction.
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Board Altcoin Discussion
Re: BNB to $1k?
by
hodap
on 22/06/2021, 05:44:51 UTC
BNB could hit $1,000 by the end of the year but it needs bitcoin to resume its bull market & probably hit $150,000 at least, which is quite possible when following S2F etc.

For now I'd be very careful with any prediction as it is hard to tell what Bitcoin will do next. I don't think we mastered this downtrend yet. It is theoretically possible that is hasn't even really started. We could potentially see a sell off up to below 20k levels. I don't believe it will happen, but I am not convinced it won't happen either.
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Topic
Board Altcoin Discussion
Re: Is Ethereum going to Die?
by
hodap
on 22/06/2021, 05:43:13 UTC
I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

Ethereum is the second strongest coin with a market cap of more than 260 B, I think ethereum will continue to grow because of thousands of ERC-20 based tokens that rely heavily on ethereum.
Ethereum is indeed very strong in terms of fundamentals or marketcap,
it has been more than 5 years that Ethereum has been able to be in the top 3 coinmarketcaps,
and the OP said Ethereum will die? I will answer loudly if I am in front of him, IT WILL NOT DIE!,
haha, buy Ethereum and you will understand about this project.

OP didnt said the price will going down, he said that Ethereum network will die (lack of user) since the Network is slow and huge fees. Its already a while and its a bit true, many users move from ETH to BSC or another platform. Even theres still many users who able to pay the huge fees for fast transactions, but i think nowadays the condition going better for Ethereum network and the users will come back naturally.
Indeed, currently the interest of BSC is getting higher, many of the projects are using this network. most of us complain about the cost of the ethereum network, I think this will make it a job for ethereum to be able to compete, where crypto users can certainly make transactions cheaply and quickly

It is not that the Ethereum developers didn't know about the transaction throughput bottleneck. It is that they valued other components of the network higher in the beginning and they still do but are now at work to get everything aligned in the best interest of the user.
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Board Altcoin Discussion
Re: Red crypto market today
by
hodap
on 22/06/2021, 05:41:43 UTC
...

I believe that China will have much more to lose and to gain in this policy against bitcoin, other states could welcome it differently if only for having a position contrary to the Chinese one.
China made a mistake, forcing the miners to close their facility there, is a wrong move...

today the market is 'red' maybe this condition will last in the next few weeks or months. hold or buy more crypto coins that you think are good is the best thing, don't sell at a time like this especially if you bought during the bull market a few weeks ago.

As we don't know what China's agenda is it is also difficult to say they made a mistake. Maybe from our point of view it is a mistake, but maybe they have plans to which the decision fits perfectly fine.
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Topic
Board Speculation (Altcoins)
Re: Uniswap Token Price Prediction
by
hodap
on 22/06/2021, 05:40:37 UTC
I used to feel regret like you but after many times like that, I no longer react that way. Nowadays, I feel happy when I take profit and don't care, don't feel regret if price rises more. Profit means happiness. Profit is my aim for trading or investing.
I missed the entire DeX coins and i am not confident to enter at this valuation because if the market goes down the entire market will go down along with it. There is no point in regretting, in the past i used to hold the alts for the long term and i missed a lot of opportunities to sell at an high but now i have my target about the profit i want and there is no point in regretting in this market.

Good approach you have here. Regret only drives you nuts and makes you make bad decisions next time. I also missed out on the DEX coins and read all the huge price predictions. Now everything crashed including the DEX coins. There'll be more opportunities to come, that's the exciting part of the space we are in.
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Topic
Board Speculation (Altcoins)
Re: Uniswap Token Price Prediction
by
hodap
on 20/06/2021, 14:29:49 UTC
I am interested in the statement that near-zero fees, is that possible?

of course if Uniswap v3 appears and is true as they promised, an increase in users will definitely occur. for the value of the UNI token itself, I still doubt whether it can go up to $ 50.


I don't agree with you, because I think the price of UNI will reach $50 in the future, especially if blockchain from Ethereum becomes popular again, then of course more people will start to using Uniswap and that will make the price of UNI can increase very high ($50 or or even more than that), so I think you should not hesitate to invest in UNI for the long term.

They have to solve their fee problems. If you swap on Pancake you pay like $0.50, but if you swap the same currencies and amounts on Uniswap, you have a fee that is around $15 to $20.

Isnt the gas already goes lower like 5$-10$? yeah i know its still a pretty much for a single transaction,  but the ETH 2.0 didnt apply yet, Uniswap cant do something to fix it since the problem isnt from their side.

Usually yes but they seem to charge a fee regardless. When you make a normal transaction from a wallet like metamask you are paying cents right now. But when you use Uniswap it is quite the amount of dollars. I don't know why.
today it costs $ 5 to $ 10 to be able to swap on Uniswap, of course compared to some time ago,
Ethereum fees to be able to swap on Uniswap require $50 to $100, of course this makes me angry,
and a lot of tokens are trash just because I can't sell it, if only Uniswap was on the BSC network, the fees would be very cheap.

Ok but why does Uniswap raise those fees to $5 - $10 when in fact the transaction on the blockchain from a normal metamask wallet is in the pennies? They take a cut through the liquidity provider fee don't they? Or do they make money by raising transaction fees? No, that doesn't make sense.
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Board Altcoin Discussion
Re: Red crypto market today
by
hodap
on 20/06/2021, 14:28:19 UTC
The market looks indecisive. Out of a sudden everything turns red and it looks like we might touch upon $30k with Bitcoin. Then resistance comes in and the stops and sometimes even reverses. Who knows for how long we are going to see some ping pong between the Bitcoin whales and the bears.
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Board Altcoin Discussion
Re: Is Ethereum going to Die?
by
hodap
on 19/06/2021, 15:55:18 UTC
Once it was Bitcoin and now the same is happening with ethereum. In the past whenever there is good growth with bitcoin followed by crash in the market there'll be discussing popping up Bitcoin is towards death. With its massive growth over the years now bitcoin has outlawed every such statements.

Now the eye has moved towards ethereum which stands big next to Bitcoin. No matter whatever the thinking, the continued development keeps ethereum growing big.

The wording is also nonsense. I can't take anyone seriously who talks about "death" of a network like Bitcoin or Ethereum. It shows they haven't quite understood how these distributed protocols work.
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Board Altcoin Discussion
Re: BNB to $1k?
by
hodap
on 19/06/2021, 15:53:24 UTC
Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future?

What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. Smiley

I personally think that $ 1K is a very achievable goal for the BNB by the end of this year. And as for the long-term forecast of 5-10 years, I think there will be even greater development but I can not predict how big could be it.

It is an achievable goal but I am a bit surprised that BNB is so shaky all the time. I would think that it is able to resist little shakeouts of Bitcoin, but again and again it seems to be the opposite. There is no reason for BNB to be shaky as well because it has a foundation that is built on a successful business model.
Absolutely, very doable. Due to the poor market condition we have to wait some more times. In the period, I'll try to accumulate as much more as I can. Any marketing, and changes business model would give magnificent boost to the BNB market. Everyone should grab BNB when its low, i'm a proud BNB holders and will continue to do that.

Changes in the business model? Why on earth would a company like Binance change the business model for their BNB token? That is probably the most sustainable business model you can find throughout the whole crypto industry.
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Board Altcoin Discussion
Re: Red crypto market today
by
hodap
on 19/06/2021, 15:49:56 UTC
What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

Smart investors certainly see the red market as potential, I have been used to investing since 2016, and have never lost because of the red market and panic selling, I always make crypto for the long term so profit is better than panic selling.

Smart investors are able to make the right picks during a red market. A red market isn't good per se. You need to know what to do and when to act with the goal to minimize your downside risk and maximize your upside potential. There is also a lot of luck involved.
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Topic
Board Speculation (Altcoins)
Re: Uniswap Token Price Prediction
by
hodap
on 19/06/2021, 15:47:12 UTC
I am interested in the statement that near-zero fees, is that possible?

of course if Uniswap v3 appears and is true as they promised, an increase in users will definitely occur. for the value of the UNI token itself, I still doubt whether it can go up to $ 50.


I don't agree with you, because I think the price of UNI will reach $50 in the future, especially if blockchain from Ethereum becomes popular again, then of course more people will start to using Uniswap and that will make the price of UNI can increase very high ($50 or or even more than that), so I think you should not hesitate to invest in UNI for the long term.

They have to solve their fee problems. If you swap on Pancake you pay like $0.50, but if you swap the same currencies and amounts on Uniswap, you have a fee that is around $15 to $20.

Isnt the gas already goes lower like 5$-10$? yeah i know its still a pretty much for a single transaction,  but the ETH 2.0 didnt apply yet, Uniswap cant do something to fix it since the problem isnt from their side.

Usually yes but they seem to charge a fee regardless. When you make a normal transaction from a wallet like metamask you are paying cents right now. But when you use Uniswap it is quite the amount of dollars. I don't know why.
Post
Topic
Board Altcoin Discussion
Re: Question about Monero from a Bitcoin maxi
by
hodap
on 19/06/2021, 15:46:01 UTC
I've been in crypto for the last 4 years and I've been a maxi for the last 3. However, I've always had respect for the Monero project. Can somebody make the case why Monero does not live up to it's promises / is a scam / will fail?

More specifically I'm interested in the hearing arguments about the following issues:

a) Is Monero as suited for it's stated goal of private transactions as it claims
b) Is it better suited to this goal than using properly coinjoined btc over Tor
c) Is Monero actually decentralized to a decent degree
d) Why Monero will fail in the long run

If I may throw my hat in the ring as well:

a) For now it is indeed, as far as everyone knows, suited for its stated goal of private transactions. It does work like magic money and you can't trace it
b) Using properly conjoined btc over TOR requires long-term commitment to not get it wrong. The emphasis should be put on "properly" here. Also, a TOR node can be malicious and be operated by an agency you wouldn't expect to be the operator.
c) It is a proof of work coin. I don't know the exact mining distribution right now, but the incentive structure is properly set up such that under pretty much most circumstances you should expect a sufficient degree of decentralization. Power over the network comes at significant cost. This does not exclude the possibility for various attack vectors to exist (51% attack)
d) This a question that nobody can answer. How good is the locker to your safe? Sufficiently good to protect your assets until the day it gets cracked. Will it get cracked? Maybe not, awesome. But if it does, it did well until the day it got cracked.
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Topic
Board Speculation (Altcoins)
Re: Uniswap Token Price Prediction
by
hodap
on 18/06/2021, 15:46:09 UTC
I am interested in the statement that near-zero fees, is that possible?

of course if Uniswap v3 appears and is true as they promised, an increase in users will definitely occur. for the value of the UNI token itself, I still doubt whether it can go up to $ 50.


I don't agree with you, because I think the price of UNI will reach $50 in the future, especially if blockchain from Ethereum becomes popular again, then of course more people will start to using Uniswap and that will make the price of UNI can increase very high ($50 or or even more than that), so I think you should not hesitate to invest in UNI for the long term.

They have to solve their fee problems. If you swap on Pancake you pay like $0.50, but if you swap the same currencies and amounts on Uniswap, you have a fee that is around $15 to $20.
Post
Topic
Board Speculation (Altcoins)
Re: This time when bear market comes
by
hodap
on 18/06/2021, 15:45:10 UTC
This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?



If you believe that no bear market will come, that is wrong. Everything goes in circles no matter at what asset you look. For cryptocurrencies it may be a bit later than now, but it certainly will happen in the end. How rude it will be? Nobody knows but we all know what happened in 2018.
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Topic
Board Altcoin Discussion
Re: Red crypto market today
by
hodap
on 18/06/2021, 15:42:24 UTC
What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

The bitcoin market is near the death cross, a scenario like 2018.

Although it was bullish a few days ago:




But it is only delayed and it could be the end of July, but you know nothing is certain in these markets.

For now, watch out for any scenario...

It looks like we had this scenario a couple of times now where it is on the brink to serious crash but then out of a sudden it stabilized quite a bit. Today the same situation and I am curious where we will end up in 24 hours from now.