Ridam

Things are dubious to say right now. There are so many things that are on the edge of falling down and if one of them fall down, we may see a domino effect being played out. Right now Bitcoin correlation with the traditional market has increased significantly and I see Bitcoin is also bot a safe bet against it. We may take the recovery time period as an excuse but it will also Face like it did during the first phase of Covid. There is chance of impact on economy because of the new variant but I don't see any big impact until we see lockdown again otherwise it won't be a big issue in my opinion.

Right now, the majority concern is about making the English section of the forum active again and to do something against the spammers. Reputation points concern should be taken as the minority for right now in my opinion. And, talking about give/remove. As far I am concerned it already exist{correct me If I am wrong}. If you give -5 to someone then the reputation from their profile also decrease by that number respectively. MY SUGGESTION: I think the forum administration should create a thread where members can apply for the payment re-open in English section. Moderators should check the quality of the post manually and decide to allow or reject payments.. It should be same for all members new and old. This way spammers payment would never start and eventually they will stop at some extent. MODERATORS WILL HAVE BAD TIME HANDLING THAT? To tackle the most number of request and post from the spammers{for payment re-open}, the thread should be open only for twice a week for few hours and the number of request should be limited. This will reduce the work on moderators also. @Whited35 @kyoukage01 @BullRunBit What do you think about this? I am tagging all of you because you are in this thread and I would love to hear back about my view from you. If you like to add in this particular suggestion. Please

Every models works until they fail to do so. There was a youtuber whom I have been following for a while and he has shown the model previously and it worked on the daily time frame. The major lagging factor of the Wyckoff method is that the time frame that we should see the model isn't specified. Currently, if we apply the Wyckoff accumulation pattern in the 4 hourly time frame it matches clearly and we are at the spring. But there is no certainty of the breakout because we have to know that big players already knows what people are looking right now and they may do a spike luring people and go on negative direction completely. Let's see how it goes this time.

Right now I am way more bullish on the ETH and the reason for this is the London hard fork. The long waited eth gas fee problem which was stopping small scale investors to use the ETH chain will stop and the scalability is going to increase huge. Moreover, for the first time Ethereum is becoming deflationary so I assume the demand for ETH and ETH products will be skyrocketing causing the spike in the price of the ETH. Also, I have read the tweet of CZ about the BNB burning, I exactly don't remember the date but I think it was around 17-18 JULY. I am sure the BNB is going to give massive gains again like previously after this burning.

From this information it is clear that the big players are playing in the backend and are leaving the blame on the head of the news and the influencer like Elon Musk who enjoy making people homeless. And personally, I think the decision of El Salvador has really big impact on the demand chain of the Bitcoin. Even if we don't see any big pump in the price of the coin, in long term it will impact the price causing the spike in the demand. 2017-2018-Institution, 2021-2022-Governments, 2025-2026-???

Half information is always harmful. There has been several cases in the forum in which the so called old and reputed members have been using many multiple accounts to cheat and get the talk tokens. I don't like to name them but if you were active then you must have known who are they and their multiple accounts with quality content. If you still think, old members don't spam then please recall your memory. If you don't want KYC, it doesn't mean everyone should go with you. I see that as an option and it is up to the administration to take decision not the member to decide and correct. That new functions(same KYC) will help to improve the price of talk token. I think you haven't read my comments so you can't find any relation between them.

Comparing the exchange with the forum is not a good idea in my opinion. The administration has to accept according to the situation and if there is need of KYC . they must go for it. There is no point on saying, "ah yobit has no KYC, we should do the same in CRYPTOTALK". You can't exchange your coins here in the forum and you can't post in yobit. Talking about the Talk plans, I have made the article about it a long time ago. Because I have already realized that the supply is increasing and using ROT it is easy to anticipate that the price will decline. We have to give the administration time and developers have to programmer every line of code. So, it takes time and it isn't a big deal at least for me if they are taking time. I have given my suggestions and it is my duty to wait. They have mentioned about the plans for talk token several time so I am sure they knows more about the utility more than you and me. Well, I wrote WOW because I understand the underlying reasons for the talk token price to plummet. The reason is simple, talk token is being earned by scammers and newbies and they are dumping their 1$ worth talk token making the price go down everyday. The simple solution is a manual verification for the payment to start or the KYC. After KYC 90% of problem will be gone and spammers will eventually stop because of this. Lastly, I am surprised that people are arguing with my expression to someone else view. I do support and love the proposal of whited and had write that. If you have your own proposal then, Please write about it with proper explanation from both front end and backend. You may get another WOW from me. XD

NO bro it was longtime back. I am talking about this competition held recently. You can check it out and you will understand clearly what I mean. Along with the 100Kusdt competition there was another small competition for creating post about chia. I don't know why but none was there to talk about it at that time either it is because the payment has stopped and they thought I shouldn't check the forum from now or they don't like CHIA project. Yes, I was thinking the same and if huge number of members start posting then there are many other ways we can make money here like people are doing it on reddit and other forum in which the forum itself doesn't pay a single penny. The main thing is to increase the engagement just like you mentioned. Let's ne optimistic towards this.

I mean the topic whited has mentioned above in his post. NFT or Blockchain Gaming or Blockchain developer. And talking about more language, I think it is not worthy right now in my view. It is like few members alive after the big apocalypse. Even in international forum i.e EN there is almost dead activity so if new languages are added right now there would be only extra work and waste of time for forum administration.

Well if it is about the payment then I wonder where you and all other commenting, were when there was the topic starter competition. Yes, they were paying Bitcoins. The same Bitcoins you are talking about right now. The best thing was that I was the only one to participate from the English Section{Few members made the topic in week 1 but from next all of them got vanished away in thin air.} I was fascinated about the project so I did that in week 1 but for the following week I write because it was competition and I had already gained the knowledge. So, If you like writing only for payments then you can stop writing here because administration don't pay BITCOINS for your post but if it is what you love it then you can continue. Talking about money and BITCOINS, Yes we are human and human love money and crypto is more than money so it is even more lovable and the motivating factor for me and for others too.

Wow, I am already anticipating how much we will grow if all of them got implemented. The most I loved is the reward based on the level and there must the minimum active hours to get such as you have mentioned. Otherwise there are many people who will take this forum as work and finish their job in 1 hour take payment and fade away after the payment is made. Also, I was asking for KYC as mandatory and even if it is difficult, phone verification will work at some extent. And, I would like to add something here, If there is phone verification mandatory for the phone number of US and Canada, Special supervision should be done because there are many applications that are free and are providing unlimited phone number of these countries for the verification. Talking about adding more sections it would be really good because I already have my post in those topic and it would be nice if they got special place. This time, I would love if the forum administration makes the payment going to the right hands who is really working hard and payment for the accounts must start only after the manual review by the mods for the new accounts. @Desais Sorry for the disturbance but I think you really should check this proposal and if possible please give your thoughts regarding this.

It is good to see that they aren't becoming the company that focused only on the growth of their products and not on the customer side. I have seen that few weeks ago there was a notice on their website showing their maybe delay in the response from the customer care and It seems they are quick to address that and solve the issue by adding more number in their response team. And in parallel their motto to support the financial education and empower more and more people is a really good step. I am hoping they also focus on making Crypto legal in country like ours from their extent.

Until Bitcoin gets over 42K level and remains stable I don't think there is any chance for any top ranks alts to rise. the main reason is the core-relation with Btc and it is clearly showing right now. Talking about Doge, it has done massive pump and we know the reason is simple because there are people speaking about it ,manipulating retailers to go long on it. I am seeing Developments are on-going on dogecoin when we look at their github page but how long it will be sustainable or not will be told by time.

There is signature space available if you like to hire us and place your ads on it. Yes, you can call it banner ads because it is pretty similar to what you mean. And it can be static or dynamic both. And about pricing, if you are choosing person and giving them ads through the forum, you need to contact administration and just tell us what price you like to offer members. Talking about number of clicks, it would be get enough attention no worries on that. You can expect impression about more than 100K easily because once you place the ad on someone signature, in all of their comments it would be placed and there are many people with more than 5K posts. I think you can calculate further. There has been many projects that has worked with us in the forum and they are doing pretty well now like Betfurry, Freeton and many more.

I have got the final reward for the competition and I am really happy with the yobit team and chia project for having this program. I have done my best to provide the information needed about the chia project to the audience and I hope in future also, there will be competition like this in the forum. Thank You! Once Again.

Well, TBH I would choose coinbase over the Paypal. The main reason for this is Paypal isnot supported in my country and Coinbase do support most of the features here. For those who are new to the crypto field and just like to use centralized app for buying their first crypto then these apps may be helpful but for the crypto enthusiast and those who are fan of decentralized ecosystem these apps are just another centralized projects that asks for KYC. This is limited feature and isn't available in my country so I think I would keep that as disadvantages instead.

Exactly bro. Although the literacy rate of the EL Salvador is nearly 90% but I think for those who have entered in the crypto field in this cycle I am sure they would face big problem with the bitcoin volatility. I am in dilemma that, how the products are priced there? Is the product that cost 100K satoshi today cost 50K satoshi next day because the bitcoin price pump? or it remains the same no matter what the dollar worth value.

If we look at the trend almost most of the coins that get listed goes in the small accumulation period or downtrend. The same thing had happened with 1Inch, ADA has also down for a while after getting listed there. So, I think same thing would happened with DOGE and looking at the current market where money is getting out of the market. I anticipate, it would take few time for the recovery along with the crypto market.

Bro just look at his tweet time, he always tweet in the dead gap time and before weekend when the volume is pretty low or the market is sleeping. And in the backend the big players are using his tweets as the blame and are playing behind. And, talking about the recent fud or news whatever you name them, I always take them as joke and my investment plan is simple. DCA in bear market, Profit booking in bull market. By this way, I don't act as retailer and act in opposite way. I don't think investing your hard earned money on the tweet of an stranger is a wise financial decision.

I also read the news and I was like after institution it is time for government to FOMO. This is really a good news for all the crypto adoption and the profile picture of the president is looking super bullish. This is the problem in the reality because I don't think general public would be aware about the crypto volatility. Bitcoin such volatile asset it would really troublesome for those who don't understand the markets and the number of people belonging in this group is really big. Financial literacy should be the project that should run with this great move in my view. And, In twitter I have read that Nayib Bukele has the majority seats in the parliament so the bill would be passed easily.

Thank you sir!. I have successfully received my reward and I have already redeemed it.

DOT is really strong project in it's fundamental and that is why I am holding it from a long period of time. If anyone had followed this technical analysis and done trade, even in spot they were in 200%+ from the entry point as the DOT had made ATH of 47$. Now the price has dumped because of overall market crash but the price of the coin is still above the entry point which shows the good performance of the asset and perfect entry. I hope everyone following this had good profit.

REPORT FOR CHIA TOPICSTARTER COMPETITON: Link to the topic: LINK TO THE PROFILE: https://cryptotalk.org/profile/112407-ridam/

In this topic I would be explaining about all the information related to the Chia project. Basically, it would be more like the fundamental analysis bounded with the Chia working as I see many members are getting confused and so I was at the beginning. WHAT IS CONSENSOUS MECHANISM? For those of you who aren’t aware about the consensus mechanism. Consensus mechanism refers to the process in which the nodes, connected to the network, agree to the data being recorded in the Blockchain. There are several models of consensus in the cryptography. POW(Proof-of-Work) is with us from the longevity and POS (Proof-of-Stake) was added to the list. Now we have another member with the innovative mechanism known as POS (Proof- of- Space). In the following post, I would be referring POS as PROOF OF SPACE. WHAT IS POS? POS refers to the process of consensus in which miner gives certain amount of free storage to the network. It is just as staking your coins in Proof of Stake mechanism and dedicating your Processing power in Proof of work mechanism. There is one more mechanism bonded together with the POS known as Proof of Time. In simpler words we can take it as the gap between two successive blocks. HOW DOES POS AND POT WORKS IN CHIA NETWORK? I would present things in point wise so that you could get easy understanding of the topic. Miners in Chia network are known as Farmers. And they download the Chia network Blockchain application in their OS. They dedicate their free space and the space is seeded and the cryptographic information is stored in the PLOTS. Blockchain broadcast a challenge to the network. Farmers start scanning the Plots to find the nearest hashes possible to the challenge. The first one to find wins the Block reward and the new Block gets added to the chain. In between Blocks, POT comes into play for a small delay which is so small that it isn’t noticeable to the network and has no hinderance to the speed of the network. I anticipate that the working is now clear about the network. Let’s Jump into the main motive of the Project. MAIN INTENTION OF THE PROJECT: They are mainly focused on reducing the computing power that the Bitcoin and other crypto currency requires for the mining in a sustainable way with same level of security other Blockchain possess. The decrement of the computing power would also reduce the energy consumption of the mining and would definitely help in reduction of energy consumption which is a burning issue with today’s crypto world. Better P2P transactions in eco-friendly way is also the part in which Chia would play. Furthermore, mining with a small investment has become possible because of the Chia. Although, owning a greater number of plots increases the probability of the earning more chia but Chia reduces the risk of rewards going only to big player by implementation of different mechanism. Accordingly, the distribution of the rewards would depend on the luck unlike other Blockchains. FOUNDERS AND INVESTORS: Bram Cohen is the founder of the project and the project is with us since 2017. I suppose everyone of you knows him as he is the one who founded the Bit- Torrent along with Ashwin Navin . Obviously, the project is open source so anyone can help in the development of the project and many are doing so. The genesis block of chia had happened on March 19, 2021. Talking about the investors the major are: ANDREESSEN HOROWITZ greylockpartners trueventures slowventures GalaxyINVESTMENTGROUP dcm METASTABLE FUNDAMNETALS: The Chia network has the native coin which is known as XCH. The total supply of the asset is 21,514,760. It has the market cap of only 390Millions as the number of coins in circulations is only 514,760. The current price of the coin is 763$ and ranks at #2543 according to the market cap. Taking this in consideration, we can expect a good room for the coin to perform as the project seems really solid and so the community growing with it. The ATH is at 1749$ on May third 2021. HOW TO TRADE CHIA? If you aren’t mining XCH and thinking to trade or hodl for long term, you can look into the exchanges in which XCH is being traded. The 24 hour volume is reported as 54Millions so I am sure there is no shortage of liquidity while trading it. The exchanges that has listed CHIA are: HUOBI GLOBAL -DIRECT LINK TO TRADE XCH/USDT OKEX DIRECT LINK TO TRADE XCH/USDT GATE.IO DIRECT LINK TO TRADE XCH/USDT There is also XCH/BTC pair in all of the exchanges I have mentioned above. So, You can trade XCH to whichever pair you like to do on. So. what do you think about the motto of the Chia coin and are you trading the chia in any exchanges or hodling for long term? Be sure to reply your thoughts and if you like to add information about project, it is profoundly welcomed. Source: CHIA NETWORK FAQ CHIA NETWORK WEBSITE CHIA NETWORK COINMARKETCAP

Thank you sir. I have got the reward for the winning this week competition through yobi codes and successfully redeemed my rewards. I really appreciate for the prize. Thank you again