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JesusFries

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Everything posted by JesusFries

  1. This is the first time I heard about Dego Coins and based on the contents of the article it seems to be very promising. Although, I am thinking about trying/investing with it and participating with the programs, I am going to do more research first about it if it is truly remarkable or not.
  2. This is the first time I heard about DeFi Project being hacked and it is too alarming that even projects like this are being targeted by these people. With the recent hacking happened in the crypto world indicates that these hackers are really doing their utmost efforts to develop their skills in hacking and this is why platforms like this should really improve their security systems.
  3. Definitely. We must have the audacity to give them atleast basic ideas how the forum works because if we persuaded them to join the platform without briefing them may lead them to confusion and miscommunication which may result in quitting the forum even without properly understanding how this forum works.
  4. Working in this field is my part time job and this is my primary income as a college student. Working in this field opened a lot of opportunities, although I am not earning that much still I am able to support my growing university fees as well as to buy the things I need and want.
  5. I really don't think that investing with stablecoins are profitable though because they are just like what the name depicts "stable". The position of stablecoin is directly dependent with the asset that supports it. For example, if the dollar rises in price, the value of the coin tied to it will increase. If it goes down, then it will also drag the stable coin down.
  6. Indeed, these forum has this friendly environment for its users regardless of their ranks. Cryptotalk enable us to create topics and articles related to cryptocurrencies and other relevant things related to crypto space. This forum also develop our skills in written communication and it is fantastic that most of the experts/experienced members were kind enough to point out things for the benefit of the beginners and for all the members as well.
  7. The developer Billy Markus developed the coin based on the codes of Luckycoin (an underdog digital currency at the time, and he thought it would be wise to use the code). While Luckycoin was based on Litecoin, which bases its efficiency on the scrypt technology and proof-of-work algorithm.
  8. Definitely! Cryptocurrencies is indeed a good investment and it is also a good asset to possess. Being knowledgeable is essential in this section of crypto space. It is also important that you are keeping in touch and staying on top of the latest trends and news in the market. Check and evaluate the state of the currency first before investing with it.
  9. Hello. I think that it is quite impossible for paper (fiat) currency to cease as of the moment. Yes, we are in the era where technological innovations are prevalent but we must bear in mind that there are still nations that wasn't able to cope up with these changes. Ceasing fiat currency may lead these countries to their downfall aside from the fact that they are suffering from their own economical issues. Therefore, I can say that ceasing fiat currency will take a lot of time and who knows may be in the next 20 years it may happen.
  10. Indeed, with the recent and continuous increase in the price of Bitcoin indicates that there's a hope for every cryptocurrencies to improve their prices as well. Also, it is very advantageous to those users who possesses Bitcoins and to those potential investors because they will surely gain more profit as time passes.
  11. I just started my journey in the field five months ago and I can say that I managed to learn the basics and understand how crypto space works. Also, I was able to acquire learnings on how to start my trading career in the field and understand/remember when is the best tme to trade and invest cryptocurrencies.
  12. I've been in this field for about five months and I regret that I wasn't able to start early. Actually, I am here because a friend of mine persuaded me to join this campaign and right now Iam doing my best to learn and understand the different fields in crypto and other relevant things.
  13. Absolutely, no man succeeded in just a short span of time. Reaching the pinnacle of success requires a lot of time, courage, and determination to get to it. We may encounter hardships in this field but we should focus on our goals and ponder about our reason why we are in crypto space.
  14. Money laundering is possible for every currency even fiat and digital currencies. Money laundering in cryptocurrency involves transferring the illegal money into the cryptocurrency networks. Launderers use mixers, tumblers, and chain hopping collectively, which is known as a cross-currency process. Also, there are exchange platform that is regulated by Anti-Money Laundering but there are other exchanges that were unregulated which enables criminals or illegal businesses to withdraw laundered currency as legally acquired cryptocurrency.
  15. Truth be told, I started in this field to support my growing college fees. Of course, as I spend my time in here, I happened to enjoy and love reading and exploring different articles and information about crypto space. It is very important that we are focusing on our goals why we decided to take this path because it will serve as our motivation to keep on striving.
  16. Indeed, the things you lied down are all important and what a trader should always consider. Aside from that, it is very important that you are checking and getting on top of the news and latest updates in the state of the market. Being knowledgeable is an advantage everytime when you have decided to take the path of trading.
  17. Speaking of fork, Bitcoin Cash underwent for the third scheduled "hard fork". The hard fork resulted with splitting the chain into Bitcoin Cash ABC and Bitcoin Cash Node (BCHN), with a majority of miners taking to the new blockchain. In addition to that, the market price of the BCH token has not been affected by the fork so far and the token has dropped by 2.2% over the past 24 hours since the "hard fork" happened.
  18. This is really a great development in the field of crypto and this happened to be in one of the leading countries in the world. I hope that other countries will allow this as well aside from Venezuela and United States. In addition to the article, the company is protecting itself from the volatility of the price of Bitcoin by providing a payment window in which the exchange rate is locked for ten minutes.
  19. Yes, Amazon accepts Bitcoin as a mode of payment indirectly. We can use Purse.io to shop for anything on the site and pay with Bitcoin. Purse.io is a thrid party platform that connects people who possesses Bitcoin and want to buy on Amazon with people who want to get Bitcoin in return for fulfilling an order. Well, there are a lot of big and renowned companies that allows the use of cryptocurrencies as a way of payment.
  20. Indeed, I am a college student and being able to work in this field enabled me to earn extra income to support my daily expenses since things weren't the same before due to the pandemic. Also, working in this field will teach you how to manage your time well since being a college student is really difficult and stressing and working in this forum help me de-stress from academics.
  21. It is important that you have plans and you are opting/choosing to divide your earnings into different parts. Like for example 30% of it will go straight to your bank account, the 45% will go to your reinvestment, then 20% for other currency that you're planning to invest with and the last 5% for your extra budget.
  22. You're lucky enough to get away and outsmarted the scammer though. Personally, I haven't experienced or encountered any scammer/fraudster up to this day though. I really hope that if I ever stumbled upon one of them is that I will be able to get away with them and disregard their offers no matter how good it is. The key point in here is that it is very important that you are checking and evaluating the information given to you by someone you didn't know personally.
  23. There are a lot of blockchain based game innovated and there are several of them that has great number of users and has reputable reviews by the people. I suggest that you should try CryptoKitties, it is based on the Ethereum blockchain and its in-game transactional currency is ether (ETH). You can buy a CryptoKitty at the CryptoKitties marketplace using ether. The same will apply when you are ready to sell your virtual cat(s). You can also try Neon District if you're into RPG and it is amazing.
  24. Our country wasn't very open with cryptocurrencies and there are a lot of misconceptions about it. So, if time may come that fiat currency will cease then it will be the freatest downfall of our country where hunger, poverty and crimes will reach to its limit. Well, I guess the government will surely do everything to cope up with these changes though; and I am hoping that our country has a great leader by that time.
  25. For me, the most important thing to remember when buying and selling cryptocurrencies is the most basic and general concept which is "buy low, sell high". Also, analyzing and evaluating the market state is very important. Since you have mentioned the usage of Google, then you should be responsible enough to search for the best strategies/tips that you must do that will eventually lead you to the path of success.
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