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Masterrex

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Everything posted by Masterrex

  1. Masterrex
    IMHO, I believe its YES Bitcoin was the first decentralized cryptocurrency that was made and released, and I don't think the Ripple project was started is 2004 or maybe the idea is already exist but during that time the technology is not available yet, that's why the credit goes to the person who deliver and made it, which satoshi nakamoto who made the Bitcoin and launch it in 2009.
  2. Masterrex
    Honestly speaking with the accusation happening around about Tether and how they operate, I begin to doubt it, I'm already use Tether for a long period to convert my BTC and Altcoins after my trading session for that day is finish, But due to the accusation in Tether, I Begin to shift to BUSD as my stablecoin for value safekeeping.
  3. Masterrex
    If want to invest with that amount $300 in one coin, I believe its not bad, but just choose the good coin to invest in order to minimize the risk, But if you are planning to invest a bigger amount its more better to diversify your portfolio just in case something bad happens to the market. so that's what my personal opinion about the OP.
  4. Masterrex
    Thanks for this informative thread,mate, I'm also a day trader since 2017 and base of my personal experiences trading is not all for technical aspect sometimes its blended also with our own judgement, because no matter how we do trading wether in technical or just by a simple means but most of the time the reality is not always aligned with the results so in that case you better used your own judgement to finish of what you are doing.
  5. Masterrex
    It seems that SEC is flexing its muscles again from the ICO projects that base in the U.S that's why more and more crypto based companies are already thinking to move out in the US territory and go somewhere else that has a crypto friendly environment, recently Ripple CEO Brad Garlinghouse also said that if the SEC is not changing its attitude It might move Ripple out from the US. so it's not a small problem anymore because more and more crypto companies are being targeted.
  6. Masterrex
    IMO, I have no problem with KYC as long as it was done legally, and the exchange who required it must do anything to make those data safe from the wary eyes, Our governments is required us to do KYC specially when we are doing banking and financial transaction so there's nothing new about KYC the only difference was it was made by private entity.
  7. Masterrex
    IMHO, Satoshi Nakamoto is just an Alias and I believe that the creator of the first cryptocurrency which is Bitcoin was still alive till today, and for me that was the most intriguing aspect of the Bitcoin creator and where is he now? and what is his nationality? Because the name Satoshi Nakamoto is like a Japanese thats why some people says its a Japanese/american some other its Australian but for me that's not important anymore because Satoshi is already give his purpose to bring cryptocurrency into existence and for me that was more important.
  8. Masterrex
    Honestly speaking if a particular faucet is requiring to do a KYC procedure before we can withdraw our BTC or Altcoins for me that's not good and I don't do that KYC either it's better to leave in that faucet rather than giving my personal data for just a few pennies it's just to abusive condition for all of faucet users.
  9. Masterrex
    ”Name” of campaign: SignatureCryptotalk username: masterrexLink to Cryptotalk: https://cryptotalk.org/profile/351-masterrex/Telegram username: @BlockchainBillingsBetFury nickname: CystemGR
  10. Masterrex
    Well that's true, Bitcoin is best performing asset class in the last decade, But owning a Bitcoin now is already expensive with the current trading price of $12k per BTC most of the small investors cannot afford to buy it, because it was already expensive But if we have a money to invest or build a house why can we use it for a while to buy Bitcoin and hold for a few months and if the BTC price will moon then you can sell it for the profit and you can build a house out of it.
  11. Masterrex
    A $40K worth of Bitcoin that was stolen is not much big to cause an alarm thats why dont worry things like that is common in the online world, that's why the incident is a wake up call to all individuals, team and owners to strengthen its internet security protocol to their respective platform to avoid the incident to happen.
  12. Masterrex
    Well I think your friend is correct mate, I'm also believe that in the beginning cryptocurrency is a Bubble including Bitcoin but after a decade the cryptocurrencies are already gaining value overtime no one can deny it, as of Today $Bitcoin was traded at $11,300+ for me that's not a bubble but a new asset class that has stored value.
  13. Masterrex
    Technically this Lawsuit is not good to the whole crypto industry, Because It can affect the trust and confidence in that particular marketplace, Bitfinex and Tether are quite important because they also contributed a lot in our beloved Industry so I hope it will be settled soon.
  14. Masterrex
    I didn't believe this until I saw it listed on Yobit and its true,, $50K per token is not a joke, LTD is too pricey compared to Bitcoin by the way, what was the use case of this token is these a defi base or what, Im curious about it, its Interesting to have some information I thought that YFI is the record breaking crypto price, now Im wrong because it was the LTD. token.
  15. Masterrex
    That's right, most of you mentioned is a common signs of frauds in a cryptocurrency platforms or project, that's why we should put in our minds that this fraudulent acts is thriving because we are not enough vigilant and careful for all the transaction and Investment sessions that we have done that's why in order to eradicate these scam and fraudulent action we should always stay alert and find those red flags that were mentioned in the OP,
  16. Masterrex
    Base on the summation of events in the previous years when Bitcoin Halving occur, I think there was significant increased of Bitcoin price in that time so in that previous data I was relying my decision that's why I don't believe that the price of BTC will fall after the Halving.
  17. Masterrex
    IMHO I think it was a good idea and I absolutely agree with that option if implemented, Paying any liquid cryptocurrencies such as BTC, ETH, XRP, etc to every bounty campaigns is a win win solution not only to the project but also to the bounty hunters because it can prevent dumping of bounty tokens from bounty payments so its beneficial to both camps.
  18. Masterrex
    Gold is less risky compared to the highly volatile cryptocurrency like Bitcoin, But in terms of profitability Bitcoin has huge advantage because of its volatile nature It was normally fluctuating that's why BTC price, is changing very fast it will up and it will down in a matter of minute or an hour so its ideal for trading. While Gold prices is stable and it wont fluctuate much like Bitcoin, that's why both are good choice but in the different purposes.
  19. Masterrex
    I believe its highly possible because Binance coin or the BNB has its own unique use case that's why the potentials was huge after the launch of the Binance smart chain, plus its utilization in the Binance exchange, BNB will continuously gaining value in the Years to come.
  20. Masterrex
    In the very beginning I don't even know about Ethereum much until 2015 was came, at that time Ethereum is just worth a few cents, and slowly climbing, but Bitcoin price during that time is already $200+ In that point I don't believe that Ethereum could surpassed Bitcoin at any point in time because Bitcoin has already a solid fundamentals and the Gold standard of the crypto industry.
  21. Masterrex
    I believe its Yes because crypto payment is much secure compare to the traditional payment method specially these time that there is a COVID19 Pandemic and people need to distance with each other that's why cryptocurrency payment is very useful not just today but also the years to come.
  22. Masterrex
    As a cryptocurrency enthusiast I feel bad about the proliferation of fake crypto projects that simply victimized the unaware people, Sometimes I think the Decentralization brings in more harm than good, It is better to look for Government to help make any guidelines and regulations so that those fake ICO projects will stop, the project team should undergo a KYC procedure before He/She can proceed to the Fundraising campaign such as ICO,IEO,ITO etc. so that all parties will be held accountable if something Bad happens.
  23. Masterrex
    Honestly speaking $20K dollars per Bitcoin within this Year, is quite impossible to attained because the current attention of the new Investors are not in Bitcoin But in the Defi tokens, that's why we notice that the BTC trading price is not moving aggressively like it was before so for me $20K price per BTC is not possible to happen within this YEAR.
  24. Masterrex
    I don't think crypto trading is an easy task to do, that's why it needs an expertise to do it right and It's not a wise move to do a crypto trading sessions without proper knowledge because you might lose your hard earn money if you don't do it in the right way. crypto trading is a complicated job that's why only few has been choosing this kind of work, technically it is not the solution to solve the unemployment problem in general.
  25. Masterrex
    I believe that cryptocurrency has a purpose to thrive nowadays its almost 11 years already since the existence of the first cryptocurrency which is the Bitcoin, the cryptocurrency has evolving slowly from just a simple payment alternatives upto all sorts of Tokenize services, but I believe all of this achievements are not enough to drive the cryptocurrency adoption we must work harder to achieve more in the future.
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