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Showing 20 of 1,332 results by takngantuk
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Board Altcoin Discussion
Re: How do you feel about algorithmic stablecoin staking?
by
takngantuk
on 16/05/2022, 06:03:59 UTC
Quote from: Xal0lex on April 28, 2022, 07:36:15 PM
Stablecoins like UST, USN, USDD have a very tricky link to the dollar and the collateral pool, in the form of a native token of a particular blockchain, be it LUNA, NEAR, TRON, etc. Such projects offer or are about to offer 20-30% per annum in staking these stablecoins. Not a bad interest rate, is it? But will these projects be able to provide such a high interest rate all the time, and won't that provoke a cascading collapse of both the stablecoins, with the loss of the peg and a cascading collapse of the native tokens that act as reserve collateral?

After all, such high payouts to stakers must be accompanied by constant replenishment of these projects reserve funds. But what will happen if the money stops flowing in the right amount?

the answer is what is happening to UST today. it is difficult to recover the peg and the price keeps falling. which is why algorithmic stablecoins are a flop in the crypto space. this mechanism only works when the market is good, but when the trend is bearish everything will collapse. and this failure could have happened in other stablecoins.
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Topic
Board Speculation (Altcoins)
Re: could TERRA LUNA go back to $1 dollar?
by
takngantuk
on 15/05/2022, 04:42:26 UTC
Quote from: Jatiluhung on May 14, 2022, 08:08:16 AM
There are so many questions that I come across about Terra Luna. starting from whether to rise again? will it return to $1 ?
and I also can not respond because of my limited knowledge about this.
maybe here friends can explain a little about the possibilities that can happen to this Terra Luna coin.
I will appreciate any of your opinions. because good conclusions can not be drawn if only done alone. it requires collecting data from multiple sources and many people.

can if terraform labs want to buyback and burn the total supply currently circulating. currently the total supply of luna is 6t, if burned in half or even left less than 1t, I think it's possible. But if they don't, don't expect Luna to go up. I even doubt that Luna can maintain the current price.
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Board Altcoin Discussion
Re: Binance Suspend Terra LUNA Coins!
by
takngantuk
on 15/05/2022, 04:00:11 UTC
Quote from: sahur2022 on May 12, 2022, 10:00:49 AM


Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!
less than 1 day, this suspension was canceled and binance re-listed luna with the luna-busd pair. this will only make many new people suffer losses because they hope that Luna recovers. Binance should be wiser in making decisions, maybe wait for the total supply of luna to decrease drastically before they restore luna trading on their platform.
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Board Altcoin Discussion
Re: Terra Ecosystem Revival Plan - Luna V2 WHAT DO YOU THINK?
by
takngantuk
on 14/05/2022, 14:54:36 UTC
Quote from: lucks001 on Today at 09:45:43 AM

what do you think really works?
won't, so forget it. some time ago CZ wrote a tweet, he said fork(lunav2) will not solve the problem and make him recover. how can they restore investor confidence with just a new coin that has no value in the first place. terra already had no chance to recover. everything written by the terra developer is only sweet words and is difficult to materialize.
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Board Altcoin Discussion
Re: what will happen to LUNA?
by
takngantuk
on 13/05/2022, 05:58:11 UTC
Quote from: Mark301 on May 12, 2022, 10:35:31 AM
What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

today the whole exchange started delisting luna, and the price has gone to 0. this is over, there is no more hope for this project. and we know in this case who is to blame. the founder of terraform lab is the cause of this failure and he is the person who is most responsible.
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Board Altcoin Discussion
Re: ELI5: What happened to UST and why it happened?
by
takngantuk
on 12/05/2022, 05:31:41 UTC
Quote from: mk4 on May 10, 2022, 04:16:51 PM
UST is an algorithmic stablecoin a.k.a. backed by the LUNA token. Hence it's pretty much almost backed by thin air; hence why Luna Foundation Guard had to purchase a good amount of bitcoin to protect the peg if it's the case that there's a bank run.

And yea, it happened:

Peg broke due to UST having a huge bank run, with people selling the UST for other stablecoins (hence pushing down the price of UST). Now for the peg to be restored to $1, Luna Foundation Guard had to liquidate a crap ton of bitcoin on their reserves just to push UST back to $1, further pushing down the downward pressure on BTC.
unfortunately the way they did it didn't work. UST didn't recover, bitcoin crashed, and LUNA died. it's over, Luna and UST can't be helped anymore. this project is dead. I wouldn't be surprised if in the next few days there will be a lot of exchanges delisting Luna from their platform.
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Board Altcoin Discussion
Re: Luna chaos could be a good opportunity
by
takngantuk
on 11/05/2022, 16:11:44 UTC
Quote from: S3300 on Today at 03:36:53 PM
This is a good time to go out cheap on Luna, yea it has lots of problems presently but buying at 0.77$ and selling at 5$ today is great return, not only that, just because this project has a big issue now doesn't mean its the end, this is not a financial advice but taking risk with just 10$ - 20$ might worth it.

I doubt Luna can return to normal. this problem is very big and makes everyone lose faith in this project. although it looks profitable because it makes a quick profit, but I doubt this method will work the second time around. because right now the price of Luna has stopped moving. maybe this is already the lower high for this coin. and after this it will probably start going down without a pump.
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Board Altcoin Discussion
Re: RIP LUNA & UST ! Is USDD be same like that..
by
takngantuk
on 11/05/2022, 09:46:03 UTC
this is a big case, stablecoin but not really stable. I haven't seen anything like this since my first time investing in crypto. imagine the USD stablecoin falling very deep to 0.3$. this is the most ridiculous thing i've ever seen. this problem is because Do kwon is too sure, the result makes everyone panic. he moved Bitcoin reserves a few days ago. made everyone speculate, its impact of distrust in UST and Luna. Luna and UST are game over, soon this project will die.
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Board Altcoin Discussion
Re: Its time to buy - end of bear market incoming
by
takngantuk
on 10/05/2022, 14:45:26 UTC
Quote from: Loco1887 on Today at 02:12:30 PM
After first bullish day i think its good day to invest now.

are you sure it's bullish now?
I see the situation is not like that. bitcoin is still in a bear trend, and may fall even deeper. buying now is not a wise decision, I suggest you better rethink your choice to buy. wait until the bitcoin is confirmed reversal, then buy at that time.
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Topic
Board Altcoin Discussion
Re: Which Altcoins did you have (All time in your protofilo)
by
takngantuk
on 09/05/2022, 16:22:58 UTC
ethereum, monero, cardano and doge. These four coins have always been in my portfolio from the very beginning I invested in crypto. and recently I added bnb, solana, avalanche, polkadot, terra, and polygon. I think all these coins will be coins that I always hold on to at all times. I wouldn't sell it unless the price was at ATH.
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Board Altcoin Discussion
Re: Where is the crypto market heading now
by
takngantuk
on 09/05/2022, 09:31:22 UTC
Quote from: BitKongy on May 06, 2022, 02:33:33 PM
Question for all altcoin investors 

1. Can Ape coin beats doge coin some day? In rank on coinmarketcap
2. When should we start expecting a better greenish market again?.
3. Now that we are a ina  bear market will metaverse hype keep going on?.

1. no, and never will. I even more believe that in the future apecoin will disappear because the hype ends.
2. maybe when the bitcoin halving later the market really recovers, but it could be faster than that. but still the worst possibility is when the next bitcoin halving. when that happens we might be able to see new ATH.
3. metaverse is just a marketing trick, no one really developed this concept. So sooner or later the hype will end.
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Board Altcoin Discussion
Re: Ethereum Blockchain Development, A plus or minus To The Cryptocurrency Space
by
takngantuk
on 08/05/2022, 15:47:05 UTC
Quote from: Wiwo on April 15, 2022, 08:17:49 PM
This question has got me thinking of the possibility we could have been enjoying if there is nothing like the Ethereum blockchain that gave possibilities to the development of all the other chains in the crypto space today, I know one of the advantages of the ethereum blockchain is the fact that it gives room for scalability and possibilities of getting services that the Bitcoin blockchain may lack. But another setback is the adoption level since the ethereum blockchain gave birth to several cryptocurrencies it makes it hard for mainstream recognition of a single crypto coin which was the original intention of bitcoin.

but in fact because of the ethereum blockchain the adoption rate is increasing rapidly. etherum offers scalability and the token creation process is very easy. This is what makes crypto grow very rapidly. many crypto projects were born and developed because of ethereum. indeed we have to admit, the layer1 blockchain network has a negative impact, especially in the case of scammers. a lot of shit projects are released because it's too easy to create tokens in the crypto space. but we have to admit also adoption is increasing because of the many projects like ethereum.
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Board Altcoin Discussion
Re: Tron (TRX) Time is Here ! What about a new ATH
by
takngantuk
on 08/05/2022, 11:50:26 UTC
ever since tron released stablecoins, the project has found its hype again. but for new ATH, I'm not sure for now. because the market is not very supportive for it. the crypto market crashed since last month and continues to this day. when compared to other altcoins, tron is lucky to be able to maintain the price to date. this may be the impact of this good news.
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Board Altcoin Discussion
Re: ever heard of this "buy at dip and be rich in the future"
by
takngantuk
on 07/05/2022, 15:12:18 UTC
Quote from: accounting 181293 on May 01, 2022, 06:09:12 AM
I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

I think you should stop. If you keep doing it, you'll regret it. It's not about right or wrong, but you did it at the wrong time. if you did it now, it might be different. but if you wait patiently in the end you will still get the profit. my advice is to stop buying from now on. and sell some of the coins you have, if you need money.
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Topic
Board Altcoin Discussion
Re: What might occur on the next bear market
by
takngantuk
on 07/05/2022, 06:13:26 UTC
I always believed that whenever a bear market came, it would change the order of the top coin lists. many coins that were once on top but lost when the bear market ended. new and better coins will always be replaced, this keeps repeating every time a bear market comes. 2018 saw us EOS, XLM, LTC or XMR top the list. but now the top list has changed to be filled by BNB, ADA, SOL, LUNA, DOT and AVAX. On average, coins that are ranked at the top are coins that were developed during a bear market ahead of a market recovery.
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Topic
Board Altcoin Discussion
Re: Bitcoin inventor Craig Wright aims at a trillion transactions per second on BSV
by
takngantuk
on 05/05/2022, 08:43:14 UTC
Quote from: shinratensei_ on Today at 06:33:52 AM
Quote from: larry_vw_1955 on Today at 05:36:26 AM
on a more serious note, i can't remember the name of the exchange off the top of my head but some big exchange recently announced they were de-listing BSV. just another nail in the coffin, i would think...if it keeps getting delisted, it won't be worth anything. zero!

maybe storing nft images will be its saving grace.


Ouhhh... faketoshi keeps dreaming with it.

Did you mean delisting that related to this news https://www.coindesk.com/markets/2019/04/15/binance-delists-bitcoin-sv-ceo-calls-craig-wright-a-fraud/?

I hope that if this faketoshi was losing in the court and i remember when he claimed that owned bunch of bitcoin but he can't prove it or make fake claim. That guy was a fraud and BSV was a complete fraud token created by scammers. Just waiting when more and more exchange sites to delist this garbage shit scam token created by fraudtoshi

yes you are right craig wright big liar. for years he said that he was the satoshi of the bitcoin inventor. but none of those claims are proven. so don't listen to what he has to say. better ignore it and don't give him any attention.
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Topic
Board Economics
Re: Fed rate hikes too small to have real long term impact for the markets
by
takngantuk
on 04/05/2022, 07:11:11 UTC
but short term enough to make a fuss in the market. today alone bitcoin fell to 37k in just a short time, although it was able to come back eventually. but the impact of this is that the altcoin market is very bad. almost all altcoins crashed at that time. This means that rumors about an interest rate hike are still very worrying at this time. the stock market also experienced a decline, although not too big. so this is the most important moment because during the announcement of the rate hike the market will be very volatile.
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Topic
Board Altcoin Discussion
Re: Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem !
by
takngantuk
on 03/05/2022, 04:05:23 UTC
every one tweet for one doge. a decent suggestion, but that would make twitter no longer a free social media. for the doge ecosystem this is indeed a great breakthrough, and there will probably be a lot of demand for this meme coin if mark cuban's suggestion comes true. and bot problems can be solved easily.
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Board Economics
Re: Share your Money management strategy
by
takngantuk
on 02/05/2022, 13:17:22 UTC
Quote from: DVlog on Today at 08:12:34 AM
Many will argue about which one should be the priority:

1. Understanding the chart for best Entry and Exit  
2. Money management.

because these two things determine whether you make a profit or a loss. Money management is very important, especially during a bear market like today. without it one will never know that what they chose was wrong. understand the chart, this is also important. You never know when it's time to enter the market, take profit, cut loss, or the direction of the trend. without knowing this, one will be very worried when they buy/invest even though the market is bull.


I personally always prioritize these two things in my every investment plan. so even though I had a loss, it was within the normal range.
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Topic
Board Altcoin Discussion
Re: Benjamin Cowan named the four most promising altcoins
by
takngantuk
on 02/05/2022, 05:01:13 UTC
I agree with him, ethereum, avalanche, cardano, and polkadot are layer1 projects with the highest potential at the moment. unlike other networks like Solana although good but this network still has problems. bsc could probably be a consideration but it's too centralized and that makes it bad. tron not too many people use it. maybe only luna can get into the potential list.