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Ridam

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Everything posted by Ridam

  1. That's the main problem. The Bidding acution system for the miners seems completelt faulty at the moment like this. They just pick the transactions that had payed good amount of fee and never look back at those transactions that are paying slow or medium gwei gas fee. Personally, For now I have taken the break from Eth Blockchain entirely.
  2. Well the tech, seems really fascinating then. I would be checking more about the project a bit later. If it comes to the energy reduction, and if project is working to do so. Sure I would support the project as someone must take care of the ongoing issue. And if it became sucessfull, with same effectiveness then other may also implement or try to do so.
  3. Yes wallet address seem no big deal right now. We just need the futility of the token and I am reading the moderator comments on Russian section and they were telling that development is ongoing and if any news, they would update us. So, we just need to wait a bit longer and Talk will start coming on track. No worries on that.
  4. I checked again today and my review is still unapproved. I don't know is it normal or not but I think it should have been done by now. But I was surprised that the our forum is in rank1 and all other forum are lagging behind although only 7 votes are approved. Is the winner selected by the rating that place them in ranks as shown on the website or by the number of votes? I don't get this? But it's really good to see the forum in which I have been working for a while is getting good responses from the users and is in rank 1.
  5. I think we all are about the the moment when Tesla announced that they had bought btc worth 1.5BILLIONS. And according to the commitment shown by the Elon Musk at that time, Noone had thought they would start profit booking from this early. Recently Tesla released it's Q1 Report and there we can clearly see that the Tesla sold 272 Millions worth of BTC from the btc that they had bought back at total cost of 1.5 Billions. It is good strategy for a company as by selling only 10% Of their btc, they are able to return around 18% of their invested amount. We can see they are booking huge profit and I am sure in the coming time after another hit of bitcoin they would book more and more profit. In the picture below which is the Tesla Q1 Report, you can see about this action. Be sure to look in circle. If you like to watch from visiting the link, you should jump to page number 26 and look in line 15. NOTE EVERY NUMBER IS IN MILLIONS IN THE SHEET. source-https://tesla-cdn.thron.com/static/R3GJMT_TSLA_Q1_2021_Update_5KJWZA.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D"TSLA-Q1-2021-Update.pdf" Good Perspective of this: This would inspire other company to invest in the Bitcoin because the profit they are getting through investment in the btc will attract other companies too. And as the BTC is becoming a best store of value we can say that there would be increase in demand because of involvement of other companies into adding BTC in their balance sheet. Bad Perspective: This type of profit booking would cause the small shake off in the market. I am sure the last dip of Bitcoin is because of the action from tesla. And if company start profit booking then the retail investors will follow the same as fomo already started. Elon Musk Answer to this : In a tweet Elon Replied that for showing the liquid nature of btc tesla had sold and Elon isn't selling any of his btc holdings. But selling 10% of Btc holding for proving the liquid Btc seems a unacceptable reason at least for me. You can look into his tweet below. https://twitter.com/elonmusk/status/1386821144037236737?s=20 So what do you think about this move of TESLA.INC? Is this only to show Btc is liquid or Companies are looking for profit booking and slowly selling their Btc holdings?
  6. This is really bad bro. I also do have small usdt on Eth blockchain in my different wallets but the major issue is fee so I can't use them. Although the eth gas has been decreased this month but still they are unreachable for the trader like us who can't spend 40-50for the transactions. And I have seen that the transactions get failled sometime and if this happen it woul ruin more fees. This is making the Eth Blockchain useless for small one. And talking abot your swap, you should wait as most of such swap has longer time like a year. So you can instead hodl and I am sure further eth udpate will change this things making Eth more usable.
  7. At first keep in mind. The auto logout feature in the yobit is not a problem. It is the security feature of the forum build for the safety of the yobit users. If you access the yobit website from new IP address or new devices then platform automatically detect that log out you from the older devices after asking the code in email. And from same device if you access the website from different IP address, you also get log out at that time. So this is good incase you lost your phone or something bad happen as the user need to log in to access your fund.
  8. The brave swag store is doing really great. From NFTs to the merchandise they are selling everything and the best thing I had seen is that, in some merchandise we get both NFT and the merchandise. I am just hoping if the Cryptotalk community also had such store and we could buy the products with our talk tokens. It would be really awesome for all members and the promotion will also be done if the clothes have talk token branding on it. And it would be one of the utility for talk token increasing the demand of the token in market.
  9. This is because the development of talk token is in ongoing process and until now it hasn't been specified whether talk token will have it's own blockchain or rely on other. And because of this you don't have talk wallet on yobit for deposit and withdraw. I had thought through YOBICODES we can do that, but I checked and found that the yobicode function is also not available for TALK token. So we should wait for a while for the official integration of the wallet. And availability of tipping option is really great. It is quite famous in other forum like read.cash and publish0x but as the yobit is paying us for our content I don't think there is any need for that right now. Firstly, the development team should focus on the utility integration so that the talk get bounce back in the price before it's too late. Then they could go for creating a tip feature in the forum.
  10. If we try to find the similarity between this cycle and 2017 one, then yes this correction is also normal and for those who are out there selling everything, it's a game and we must be aware about big players. In this correction, there are several reasons behind. The first one is the 40% tax on gain profit bill, which had played ignition for the fire. And the second one is whale manipulations. The btc isn't doing any big move from last few weeks and because of that they are shaking the market so that the loose hands get sold. Also we can easily predict the market direction through the liquidation of exchanges. The liquidation cloud of the btc was at 50-52K level who were longing than the short at higher and because of that the price come back and I suppose long are out of the market at that time. I amnot sure about the 90K peak, But I think the above 100K will be intense territory for btc as most will exit and book like 80-90% of their profit at that level.
  11. At first, I would like to thank you for this information about the Chia, which I wasn't aware about yet, and the Proof of space using hard-disk for working seems cool. But how everything will be done? And the major concern is will it be able to match the security level of the POS or at least POW? I got a lot of confusion regarding this. I mean what are they storing in such big storage device, a blockchain? And I am sure the if miners are using the old school HDD then sure the network performance will goes down and miners would prefer that as the SSD OR MT.2 are way expensive. Also, I see possibility of monopoly for those who have like Petabytes of storage.
  12. Well, I have seen that house and it's really good to see people lives being changed because of the crypto. I don't say my life has been completely changed but in aspect there has been positive influence at least at small level not like your millionaire friends. And talking about using profits from the crypto. For those profit that I get from daily trade in, those in short term, I take 70% of profit and use it for personal use and rest I add back into my day trading wallet. And the profit from mid-long term are usually good. So, I use 50% of them to re-invest and 50-40% for spending in personal use and for family, Whatever is needed.
  13. Greeting Administration! Link to scammer profile: https://cryptotalk.org/profile/304445-luyjru/ Reason to Report: This user is replying the same content in all of his comments and the content is not related to crypto or the topic in which he comments. All of his posts are useless and have no meanings. Evidences:
  14. Well there are many reasons behind the project to be failed. If we see some projects are just in the De-Fi ecosystem for the quick money and they lure the users too invest and endup doing a rug pool or a scam exit giving it a name of hacks and many different issue. But not all de-fi projects have such intention and there are good projects with good team and full support for the development and fulfilling the road map and supposed development. So taking entry in any de-fi projects should be done with more cautious as few may change your life whereas some may cause the heavy loss. Also there is de-fi trend ongoing still less than nft but yes there is hype for the de-fi as the most innovation is happening there in the crypto field. So some bad minded are taking benefit of this by purposing the hope for the projects and ending up doing bad deeds.
  15. Bitcoin could be the best asset for the store of value. And it has been proven as the best if we look at the history and the inflation coming to the bitcoin is really small unlike any fiat currencies and the whole network is decentralized. Unlike gold, Bitcoin is easily portable and unlike stocks it is fully non-custodial. Because of such superior feature over the stocks and gold Bitcoin has been accepted as a better store of value for big companies like TESLA, MICROSTARTEGY and many more. In my view yes the bitcoin is superior among all in store of value for long term.
  16. Well the premined tokens were for the earlier investors probably, I am not sure about it. Maybe @Whited35 have clear answer to this 70Millions tokens premined? And talking about the infinite supply just like I mentioned Vitalik is working hard and we are seeing the result, the eth inflation/annum is decreasing by great factor and it is really good point for overall ETH community and ETH lovers. And the coin burn mechanism after the EIP-1559 would add even more ETH out of supply and eventually if the gas fee lowered and millions of transactions starts happening then we may see the inflation going to like 1% or even less as the base fee will be burned completely and the more congested ETH became, the more coin burn would happen.
  17. Oh Morpher. I will search about it for sure. Binance has confirmed to list the COIN too which is the coinbase stock and it would be great for those who are outside from the US and like to trade the stock of the Company listed in the New York stock exchange. Overall the power of investment which was limited to certain group of people is being distributed and all the credit goes to the crypto world and the innovative exchanges that are doing their jobs in excellent manner.
  18. Well, I have a wallet in the Wax Blockchain and sure I would try the game as the TLM is already listed in the Binance Blockchain and I am aware about the boom in TLM Tokens. Also some tokens in the wax blockchain like A-ether I am looking them closely and taking some position so this would also be in my list now. To be honest I hadn't known that this platform has a game so I would be looking for the game and playing it in my leisure time. Wax has done really well this time during the NFT boom and as these NFT seems assosciated with the game this would be the pretty good deal at least for me.
  19. This thing is obvious in the forum these days that a newbie starts asking about the rules in a sentence just after creating their profile here. They thinks that they should create a post as mandatory or whatever and starts talking about the simple things which can be easily seen in the forum rules if they give it a watch once. And I am also anticipating for this update so that the newbie cannot create the account and I also think that it would reduce then low quality response in their replies and comments. Let's wait until the next update and if it got formulated it would be great for overall forum.
  20. This thing is spreading a lot in the forum these days and while reporting it is also difficult to collect the evidence as the paraphrased content doesn't look identical to the original source. These tools are so advanced that I had seen that in few scenario, the sentence structure are also changed which leads even difficult to prove it is copied as the meaning are same while the writing structure is different. You have done the great effort writing about it and lets be optimistics about the solution of it and if we do report such in collective way , sure we would be able to lessen their numbers in the forum making the forum clean again.
  21. Thanks for this advice. I haven't looked into these points. I have already booked my profit as the first target has been reached already and I would be selling the remaining portion in coming weeks as I donot want to risk my money in a coin that has been played by its own team. And for those who if had taken any position should do the same, book your profit and exit from it as fast as you could. Donot panic but donot aim for mid or long term.
  22. The situation of the doge is way more critical than the BTC and most of the people are lacking the information about this. Yesterday when everything was pumping the doge dumped for like 30% which shows how fast the growth has happening in the Doge and everyone is buying the doge coin for profit as the utility seems zero. Because all of them are buying for the profit, they will book profit and in large scale it cause the price of the asset to crash badly and those who become last at the buying get rekt always. There is a principal which states that the if a asset pumps too fast the dump would be even faster than that. So I am not taking in doge position , I had few doge and I have exited from that too. I donot like to trade in a coin that has different purpose and has been shilling for different purpose without any development, usecase and a reason to buy.
  23. Well It would be better if you try to accumulate the BNB in the dips like we saw in today isstead of cutting the ETH for BNB. ETH has a lot of room to grow and we are still in the start of long journey ahead because we have crossed the ATH only. And if we look at the ETH/BTC chart eth hasnot done any significant moves like in previous days. Just hodl and Personally I am also into the ETH and I am just enjoying the profit as I had bought the ETH around 1500 so no need to worry at least for me.
  24. Well the time that the talk is enduring through and as the team is in development phase and tokens are already in the market and it causing the price to go down and down. Currently, it seems usual for the price of the token to dump as there are no usecases for the token except IB and the legitimate members of the forums are dumping their talk token without watching the order books.( Obviously, I cannot comment about what others are doing with their earned tokens but those orders at such low price seems bad at least in my view). I am sure those who are still holding the tokens would be get worth rewards after the final development in the talk token happens and the utility starts coming in the talk token surging the price.
  25. There is no doubt that the price of the BNB will surge after this burning too. In the past after every burning there seems a time for the consoldiation or small correction and after that BNB doesnot listen to anyone. And this burning is even bigger, if anyone is holding the BNB then sure we need to hold our bags,( Not a financial advice btw)😧. If we look at the CZ deeds, He is leading the Binance project with the full potential and to overcome the ETH rank, I amnot sure he will succeed or not but the ongoing burning looks significant. Last time the price pumped from like 40$ to straight 300$ and this time the burn is even bigger. Sure the moves of BNB in few weeks will be really higher. I am just holding my BNB tight.
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