Jromz's Content - CryptoTalk.Org Jump to content

Jromz

Members
  • Content Count

    1354
  • Joined

  • Last visited

Everything posted by Jromz

  1. Ethereum gas fees have certainly become unaffordable, clearly the boom in DeFi platforms account for this, also the increasing price of ETH contributes to further saturate the network, resulting in higher fees. Hopefully, the gradual implementation of Ethereum 2.0 can provide a good solution to this scalability issue, which currently hinders the interaction with Ethereum-based Dapps.
  2. Thank you for sharing this platform, sounds good to me and it's important you've shared a payment proof. I might try it when I get some free time, even if the payment is not amazing, it might be fun just to give it a go for the sake of trying.
  3. Good topic, mate. A good preparation and a solid basis in risk management is definitely needed when one is preparing to trade and wants to make the best possible decision. The combination of these factors in a successful strategy can indeed make a difference between being profitable or losing money.
  4. You're right here, mate. I have noticed this disproportion in the participation of members in the forum sections. Maybe this is caused by the fact that we have a lot of new members here every day and they may be looking for information mostly in the beginner and more general sections.
  5. Ethereum 2.0 seems like a great idea and moving to Proof of stake can be a very important innovation to tackle current scalability problems. I find the excessive gas fees are a big problem to interact with Dapps, particularly DEX, as these fees can really be very high when the network is saturated, making impractical to make swaps or interact with these exchanges.
  6. Facebook owns Whatsapp long ago, I think all the recent fuzz is to do with some changes in the privacy settings, that many users didn't like and decided to migrate in mass to Telegram or Signal because they regard them as more respectful with users' privacy. In my opinion, there is not a big difference and use both apps for different purposes.
  7. This can be really discouraging and enough for many people to quit cryptocurrencies, in my case I would try to use this bad experience for learning and always check carefully all the numbers in the transaction to not make this tremendous mistake ever again.
  8. Jromz

    Bitcoin Faucets

    Gavin Anderson's faucet is such a good example of how Bitcoin value has grown so much to reach current unexpected levels, if he knew that Bitcoin was going to hit $40 K after ten years, I highly doubt he was going to give away 5 whole BTC for visiting the faucet. If we follow this logic, perhaps the rewards given by the faucets we despise today, could similarly rise in value, honestly I don't think this may be the case but many others do.
  9. One could get a decent income by trading Bitcoin, but it is not as simple as it seems, as trading requires good knowledge, experience and nerves. I think the safest way to trade free of stress would be spot trading, in which one's position never gets liquidated, if the price goes against your prediction you just buy more at lower levels until you are able to make a profit.
  10. First of all we should ask why does DOGE would reach $1? Possible answers would be price manipulation fueled by social media, important people giving opinions about DOGE, extreme FOMO. We have already witnessed some of these and the price hasn't ever gone beyond 1 cent. I am doubtful that it can reach $1, this is extremely difficult to happen.
  11. I understand you've had initiative and made an effort to create this app but maybe it may be better to consult with administrators about this and if they consider an app is needed, something could be officially launched. Otherwise, us members of the forum may be reluctant to download any unofficial app no matter how good it can be.
  12. Hi dear, investing in ETH is definitely a good idea in my opinion. We now have a good amount of ETH locked in Ethereum 2.0 and although the amount of ETH is not finite, this locked value may give rise to some scarcity and higher price levels. On top of that ETH is the entranceway to DeFi, so anyone interested in this ecosystem would get some good exposure to it by investing in ETH.
  13. I like how this crypto had been performed in the past but now it seems to have having serious trouble to get beyond $3 after it collapsed last August. According to the Bitcoin dominance chart, an altcoin season might be on the way, hopefully XTZ can rally among other altcoins and go beyond the $3 level.
  14. Thanks for sharing this interesting project, from the general information it seems to me a bit similar to bright ID, another project to anonymously prove one's identity. It may be interesting to check what are the main differences between them both, as all this concept of Proof of person is indeed fascinating.
  15. This are great news and a major step towards global adoption of cryptocurrencies. Let us just consider that India is the second most populated country in the world. This is definitely a huge market for cryptocurrencies that will benefit millions of users and the cryptocurrency world itself. Hopefully, more countries will follow this trend.
  16. Interesting prediction, this TALK token has fluctuating heavily in its price ever since it was officially launched, I hope someone is able to make some kind of longer term prediction that can inform us how to deal with our invested TALK tokens in the long run.
  17. I like the idea of YOCHAT token, Yobit actually seems to be launching a token for every possible purpose and that is great. I hope this and other interesting projects can be successfully established and have lots of attention from public.
  18. Good idea, mate, good luck with your coin. May I suggest you for the logo a pop corn with a dollar symbol on it. That may attract more consumers to be interested in your Popocoin token. There are many good ideas we all could share in the forum, I'm up for that.
  19. The possibility discussed in the article is plausible, Bitcoin could have taken at least a small part of gold's market cap during this bull run, which made the gold price to depreciate. However, gold's market cap is still way bigger than Bitcoin's, and does not seem very likely that Bitcoin can take a larger amount of this market capitalization. In my opinion, both assets have good things to offer despite their respective drawbacks.
  20. I heard about Nexo before so I did with Blockfi, Celsius and other similar platforms. Although they seem to be legit, I am not very comfortable by holding a significant amount of crypto there, I just feel is an unnecessary risk, when you can do something similar staking cryptos in a pool, from a safe, hardware wallet; for example, ADA.
  21. You are very right, this kind of experiences of other unfortunate people can be of help for ourselves in order to not fall in these scams. I guess this type of scam could not only happen with ripple, but with cryptos in general. Scams are a really common think in this cryptocurrency world and it's sad to see this kind of news about people losing big sums of money.
  22. I know Forex market is much bigger than cryptocurrency market, but I'm nor very sure about the volatility of Forex compared to cryptocurrencies. I would expect less volatility and cryptocurrency market is not closed during weekends, it is literally opened 24/7, which can be an advantage against Forex.
  23. True, high volatility can increase the likelihood of get our positions liquidated, but it is also a good opportunity to take advantage of big rises and dumps. Stop loss can be a useful tool here, another common strategy to deal with this is literally open the position with money you are willing to lose if it gets liquidated, this way you don't care if you lose that money but still can benefit if the price goes as you predicted.
  24. I agree Binance has a lot of trading pairs, but is there a specific reason why they will remove these specific pairs in their exchange? Is it to do with the demand of these pairs? or is it related to legal questions, like XRP delisting in other exchanges? As users we deserve to know what is behind this type of decisions, especially if this affects our trading.
  25. P2P, short for Peer-to-peer, are exchanges that allow users to directly contact to negotiate buying and selling cryptocurrencies and get generally paid with a local fiat currency. I personally find them quite convenient, have used the P2P service in Binance and has been always good, other P2P exchanges, include Local Bitcoins and Paxful, but I haven't tried those yet.
×
×
  • Create New...