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Ridam

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Everything posted by Ridam

  1. Well, I amnot aware about his public keys. But I think its not worthy to doubt whether Microstrategy bought the Bitcoin or not. They have clearly submitted the response in the press report and I am sure that the SEC had looked over that once. If you see the company holding you can clearly see the Bitcoin in their portfolio. If you want to know more about the buy rate and the net profit from the investment, you can head over to the site: https://bitcointreasuries.org/ And talking about the profit taking, every one will book profit from their investment at certain level either its stock or any crypto assest. And Microstrategy will do the same at certain level so we should be prepared for that instead of doubting whether they bought the btc or not.
  2. Well, CZ has also tweeted about this and I think its good to do so at some extent. AS US wants the United States Citizen to trade only in the US Version of the Binance, Its common for the US regulatory to inspect over the global version of the Binance whether they are following the guideliness or not. And there is no doubt that Binance will endure through succesfully and we won't see any disputes like before with XRP. Also In my view if Binance pass this regulatory supervision, it would gain not only huge credibility but also the support and positive response from the SEC and whole customers base too.
  3. Such a nice and clear explanation. In general we can categorize the wallets as centralised or Decentralised. If we are holding the private keys and the wallet provides keys to us then its's a decentralised one whereas if the wallet don't provide keys its centralised or custodail one. For long term we must choose the hardware wallet as you mentioned or just get a software wallet that provide keys to us. Hot wallets are easily acessible but the security isn't even comparable to the cold wallet.
  4. These all are the things, scammers do as they just want to make money exploiting the forum. And your detailed guide is explaining the deeds and for educational purpose it's examplary but if those who are doing wrong deeds imitaing this thing to grow further it would have negative consequences 😂. Let's hope that don't happen, And as the members are actively reporting such scammer; the forum is getting cleaner without any doubt. But these antagonist will never stop to come: so we must be active finding them and your tips mentioned above will definietly count on that.
  5. Well there are different factors in which the price of the coin depend upon. In general the price given by the public as the price is completely decentralised and is determined by the public and the users of the exchange. For most of the coin, the market can plays the huge role in compare with the Total supply of the token or the coin. If the market cap is anticipated to be the higher and the Total supply of the assest is pretty lower then we can say that the price will hike if the public sees the market to higher and the liquidity keeps coming into the assest. Popularity, Total supply, Marketcap, are the key points in determining the price of the coin. And the liquidity which comes after that also has key role in determination.
  6. Well to be honest at the moment the EIP-1559 is the must thing to be implemented over the Eth Blockchain. Considering such huge fees the Blockchain is almost unusable to its max usage right now or not atoeast by traders like us. I have many new Projects in my radar with huge potential but as they are only listed on Uniswap, I do feel bad not able to buy them because of the gas problem. And to those Crypto miners arguing against the Proposals, I clearly sense the greedy nature in them and Eth community will never support them for sure.
  7. For investment prespective ,Eth is super bullish. Considering the Grayscale investment, Celebrity like Ksi sharing thoughts about Eth and institutional investors who ain't look the the gas fee typically. But from utility prespective the, Eth is lacking in performance: its is because of network congestion. And I am certain that other chain would also suffer at this high network congestion. Just look at the BSC chain, few weeks back the transaction would merely cost 10 cent but now we are seeing the fee to be 60-70cent normal. And for some Dapps like Autofarm ,for smartcell call transaction, Yesterday I paid 6$. And the price of BNB is only 250$ around, if it reaches 17-1800$ like eth,I think same will go on for it too.
  8. There is no doubt about the great future of talk token. I am hodling my all talk token since the beginning and I have no worries with the dump in the price as I'm sure that the big announcement is on its way and if it takes more time , I would be enjoying the daily Profit without any worries.Those who are willing to take entry in take at this level:My suggestion is that if you could hodl for long term or mid term talk would be one of the best choice for it. However the Research you should made on your own.
  9. Well, if we analyse the trend we can clearly look in eth/usd chart we are bullish and Eth has already crossed the neck line of Previous Ath and is on the edge of breaking out. Once we cross the 2K line which is already tested once, with good volume support then its more likely than the psychological level kf 2.5K and 3K would be the next target for Eth in coming days. So minor correction are just because of btc movement and we should show hodling power at the dip or just accumulate more if we are buying in part.
  10. It depend upon the person risk management and how likely they would like the passive income or not. Personally, I have good amount of talk token invested in the Investbox and I am pretty satisfied with the money that I get everyday from the token investbox and its kind of passive income for me. So if anyone wants the same then its really awesome to include some passive income ways in portfolio but the thing to take notice is Talk token price has been decreasing since the launch so our assest worth may decrease but the profit gain is compounded daily which is plus point over that.
  11. As the Blockchain technology is advancing day by day and new projects with visionary roadmap and unprecented technology are arriving. We can defenietly say that, Blockchain would be the future of data stroage. As far I am concerned, I think in future there would be the como of Ai and Blockchain technology and we may see a virtual world based on real assest in the internet. More than that, the exciting thing would be if the laws could be implemented withing Blockchain and AI would be helping in learning by doing itself. It's only my expectation but this thing may go real in coming decades or more considering the developmemt. Only now, I knew about the the types of layer of Blockchain and I appreciate for your kind information about it. I am wondering, In which layer the lighting network falls?
  12. Nft is whole new ecosystem in the crypto world and just like the Dapps and De-Fi, Nft could be considered as the partition of crypto. And as you said ,we have to be ahead of the rest. Several Projects like Enjin Protocol could be the best example. How well the NFTs' in the recent days. DEX like Bakeryswap are providing the Liquidity option also in NFT so it could also be the way for passive income. There are endless oppurtunities and NFT are only the emerging side so being first would be really beneficial.
  13. As we all know the Coinbase listing criteria are really huge and the one that get listed get huge privilege in the pricing. I love as you presented the Ada in the rank1 and its more likely that they will be listing the Ada in coming months, the rumours are spreading pretty faster about it. And I am also thinking as the Ada performance this time is examplary. Being in market for long time, one of the competetior for the Eth and a likely Eth killer Project Ada counts for the one to get listed in coinbase within coming months or less. Also I am not sure but, I am hearing alot that 1Inch is going to be listed on Coinbase sooner. I don't know is it Fud or real , Let's which one gets the number first.
  14. From the time I made this post, Dot has nearly 2X from the price. And my investment in it also had done the samething. I have booked profit in different level but I am hodling few parts still as its only Profit. In this cycle Dot seems pretty confident from both fundamental and technical prespective. As the growth of Eth killer looks significant ie,bnb. Dot comes in first rank on that.
  15. In the bull market like this, Correction like this are pretty comon and healthier in my view. Like you have mentioned the institution are still early on the Bitcoin and its only the starting. There is even more to come. The next could be Apple or Alphabet or Amazon. I have ambivalent feeling about it but the next could be one of them. Visa, Mastercard have already started to hire work on that accordingly the rumour and news we are receving. Whole market is bullish and if anyone can't handle the 10-14% correction then they need to work on their emotional side for good benefit in crypto.
  16. To be honest, In this cycle defeating Gold seems doubtful. I don't mean, I am certain but from right now price btc mc need to increase by 10T more which in itself is really huge number. In next cycle or after that we may see that as far I am concerned. But rank 2 seems pretty possible for bitcoin. If we 2X from right now ,btc could easily defeat the Apple or may lag just behind it. This is my view I may be completely wrong as the market ain't listening to anybody if we see right now scenerio.
  17. Exactly! In my view this whole year is going to be bullish for Bitcoin and same thing could go for several following years as the bullish news ain't stooping anymore. From countries to Institution, Retail Investors to Grandma, Everyone is looking for Bitcoin. The Trillion Dollar Stimulus is still on its way😂 which is supper dupper bullish. He loves playing and knowing new things everyday that's the reason he removed the Bio and Profile at that time. There is no suprise that Elon remove the Bitcoin logo and Bio from his profile. He ain't going to stop posting about bitcoin and sharing his visionary thought about it.
  18. If we analyse the pricing of Bitcoin from institution, Microstrategy was bidding at the 50K level, so we are no where near to the peak of this cycle. 100K looks different ,the btc market is right now 1T and it need to be doubled to reach the 100K level for each bitcoin. While looking the bullish trend we see this may likely be true but for taking entry at this level is somehow risky in itself. Its time to watch the gains and book profit for your investment earlier made.
  19. The USD weaking is real factor for the price increase in Bitcoin. If we see the stimulus package as you have mentioned;its more likely due to huge increase in the total supply of the USD, the inflation kicks the economy. Also if we analyse the trend , It's more interesting that People Invest the stimulus checque to buy the Bitcoin which further pushes the price of Bitcoin higher and higher. So after the stimulus Bitcoin gets positive effect from two factors:USD weaking(inflation) ,and transfer of same stimulus liquidity to Bitcoin.
  20. That's why there is no point in running a attack to the Ethereum if we see from the price prespective. Just like as you have said the price drops if we see any illicit movement in the market so anyone who attempts to launch the attack and invest huge money to buy Eth will end up in loss nothing more than that. And looking from the Security prescpective eth is looking pretty stronger as the amount staked and number of nodes are huge in the market right now.
  21. I have seen many post in beginner section regarding patience and all they talks about blindly holding wihout any plan. But we must have exit plan like you mentioned and Personally I sell or buy in parts always. And as result If patience becomes really worth and if market gets correction I would be already having profit from the amount I get profit earlier. Also it reduces the stress for me in hodling the coin in coming time.
  22. All target that I have mentoned in the post are completed already. And if we see the price the Dot is doing awesome as it's trading at 29$ right now. If anyone have invested along with me then they would have been in awesome profit. I have booked some Profit and waiting to sell the remaining part if dot moves even further. Also talking about dip, I think if btc make small correction we will see the dip in altcoins and I would be taking entry again.
  23. Yea, Just like I mentioned the price touched the 21MA and get a strong support from that level. And because of which the price get bounced back. Also tge fundamentals looks very strong for dot to perform better in this cycle. As we know in such bullish trend happening right now everycoin is getting pumped and project like Dot with strong fundamentals are getting much more Progress than usual. It has already touched 23$ so , there is likely chance 24-25$ is on its way sooner.
  24. Thanks for the update, I just read about it and cz blamed the binance crash this time for Elon Musk. The effort that Michael Slayor was applying became sucessful this time and Elon has finally taken his move and Tesla moved its fund to Bitcloin. Adding bitcoin to its balance sheet. I am certain that, Institutional Fomo is increasing significantly and we may see other big companies joining this same trend and buy btc. And all of these factor makes the bitcoin too much bullish again.
  25. Good to see your review about the Product that I am using for a while. I have participated in their Airdrop and I am using it as primary Software wallet right now. For accessing Binance Chain SFP wallet is super easy and I have moved from trust walle to SFP these days. Also, as they have their own Hardware wallet for those who are hodling huge btc its SFP could be the best option to go with. Safepal De-Fi seems also coming so lets see what they are working on and what new they could bring into the competetive market.
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