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Masterrex

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Everything posted by Masterrex

  1. Mostly they invoke that anonymity is one of the functions of decentralized cryptocurrency, which is not right, because in the name of transparency those kinds of projects that team is not known is already shady to me and more likely turn into an exit scam Its better to observe precautions at all time don't invest in those project that is completely anonymous team its an obvious scam.
  2. Thanks for the reminders mate, I think that was the most common things to do on how to avoid those fraudulent projects and its better to check and familiarize first the project functions and promises including its product and services if it was possible or it was only a too good to be true plus the identity of the team it's also important.
  3. I think using different wallets just to secure your coins is not needed if you are just holding a single cryptocurrency instead just keep your keys in private and secure place and if the wallet has a 2fA function its more better accompanied with strong password But if you have holding more than one I recommend to use a hardware wallet because its far better and more secure compare to online wallets.
  4. IMHO, I think its not going to happen because Bitcoin price today at $10K it is almost impossible for YO token to catch it maybe YO token has a promising future but the purpose its not to beat the King Bitcoin but to be one of the most stable price cryptocurrency in the Market.
  5. Happy 1st Year Anniversary CryptoTalk forum I hope more development will come to the CryptoTalk forum,
  6. In my place theres is no Bitcoin ATM yet but there's alot of way to buy Bitcoin and other cryptocurrencies But in the capital City of my country there are some Bitcoin ATM's in the hotels and even in the Commercial Bank so I believe That was good start to adopt the cryptocurrency use in my country.
  7. IMHO, I think taxing the cryptocurrency transaction is a normal thing to do in a state its a citizen obligation decentralized is not an issue about taxation its all about the citizenry if you are a citizen of a state your obliged to pay your TAX as a citizen as long as it was fair and square.
  8. Positively speaking I believe YES, if I have a power to see the future it would be easy for me to determine if the BTC price will be skyrocketed in October, but as we always saying in the crypto industry everything can happen witheir its positive or negative we don't know yet all we can do is to believe that it will be happen.
  9. Investing in cryptocurrencies is not that simple because it is associated with risk thats why before investing in crypto space you should have familiarized first all of the basic functions about crypto investment to avoid problems along the way, because cryptocurrency investment is a high risk type of investment due to its volatile nature.
  10. This is weird judgement it is something that court needs to be clarified about the theft and how it was just limited to the real world assets or property I think that's a disgrace decision it might be use by other people to victimized cryptocurrency holders because its not a crime.
  11. IMHO, only Chainlink and Basic Attention Token or (BAT) is familiar to me and I say that this tokens are already stable in terms of price so it has potentials to reach ATH soon if the Market Trend will continue to be working like it was, About Origin and Coindeal token I don't know much about it so I can say anything. favorably or contrary with its status.
  12. I think the first cryptocurrencies have a chance to achieve global adoption is those coins that has more liquidity, faster transactions not clogging and specially with lesser TX fees, I think Ripple's XRP coin was a good candidate in that possession because it was primarily used in cross border Payments cheap TX fees and faster Blockchain.
  13. I think its not going to happen, Although that XRP is one of the most stabled price coin in the crypto market, but Ethereum has an ace in 2020 and that was the Defi projects that is using Ethereum smart-contracts I believe that Defi projects are the main drivers why Ether price was pushing upward.
  14. Will thats interesting story, let's see how though the Monero's privacy encryption and how long it can defend its privacy function further IRS is very determine undress the Monero's privacy encryption technology so we better follow this very interesting event and wait what will happens next!
  15. My first emersion in crypto industry was in 2015, and I'm investing in cloud mining back then to mine BTC and Dash its been five years already but till now I'll never found any goldmine to left up my status still my earnings was just peanuts compare to others but I will not stop till I find a gold mine that works for me.
  16. IMHO, 70 percent is just low in terms of its users proportion, because I'm using Binance since 2017 I'll give my trust at 100 percent because I'm satisfied with Binance service unlike other exchange that some of my deposits are not arriving in my account at they let it lose and remain idle that's why i never use this kind of exchange again very poor or no support at all shame on them.
  17. Great Thread and very informative explanation but still sudden rising of gas fees was hurting the entire Ethereum community of users, Imagine last week the gas price was more than 500 Gwei and it cost a single transaction upto $7-$9 dollars for me that was too much, and I'm sure many are thinking to leave Eth and look for another smart-contract platform that much more competent. like TRON and Credits. respectively.
  18. All in the list are the most common thing to happen that's why we should avoid it. But thanks to your Thread it keeps an active warning specially in the large number of newcomers in the crypto Industry to make them aware about the risk that was lurking around.
  19. Mate even you have a 50 BTC in your position you cannot control the cryptocurrency price because in order to pump a particular cryptocurrency it needs a simultaneous coordination from the team plus including a big amount of money to control the sellers and possible dumpers.
  20. Wayback 2015 my first cryptocurrency investment was through cloud mining which is I bought a mining contract to mine Bitcoin and Dash technically Dash is my first altcoin holding and then followed by Ethereum and Litecoin in 2016.
  21. IMHO the advantage of using cryptocurrencies is you can do a cashless transaction anywhere in the planet including instant transaction (transfer) with just minimal transaction fees and of course you can do that with a privacy that's what I like the most other than its decentralized functions.
  22. That was very unfortunate incident 1400 Bitcoin is a lot of money but according to the the thread this was an old electrum wallet, so how come it will happen with just an upgrade I smell something fishy going on in the Electrum wallet side the owner should file a complained so that electrum wallet will be held liable if the lapses was on their side.
  23. For the beginners I would like to recommend Bitcoin (BTC) because its remarkably stabled price compare to other cryptocurrencies thats why its a good start for our newbie friends that wanted to learn more about cryptocurrency and how to invest and make money with it.
  24. It's simple just buy at the bottom of today's trading price when its already reach the previous price bottom(yesterday's price) because the price fluctuate in daily basis (24 hours) in that way we can determine when we can buy at same price or even lower bottom price today. just compare the yesterdays price and todays price if its already the same bottom that's the best time to buy. and wait if you are already gaining some profit its all your decision if you want to sell it or not.
  25. I believe Trust wallet Token has a potential because it was carried by the brand of Binance as its official online cryptocurrency wallet thats why its better to buy and hold it now until the price has not yet rising if we compare in the most wallet base tokens most of them are doing great in terms of price.
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