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Messages - CryptoboyRamesh

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Even LUNA2 is now crashing because there core members is being hunt down by Korean authority so how come this abandon project will have huge value in the future while the original vision is already not on the plan. Luna became successful before because of there Ponzinomics while this Lunc has no enough liquidity to do what Do Kwon did before.

 I think buying this will just make LUNC whales use your money as an exit liquidity to get out on this wrecked project.

Crypto Discussion / Re: Few crypto thoughts of the day
« on: September 19, 2022, 04:04:53 AM »
As far as the cryptocurrency market is going, we would never know what would happen until we're there ourselves. However, to make an educated guess about it, it's still best to keep an optimistic mind because if you believe in BTC, then it might just spread and people would see that at this price, it's still relatively cheap.

Building a portfolio is essential if you are looking forward to making things better for your future in the long run. I think having that would be beneficial to your money investment-wise.

Just believe what you want and take the appropriate risks.

Crypto Discussion / Re: Crypto Governance
« on: September 17, 2022, 06:48:13 AM »
has anyone actually tried to dabble in the governance of some PoS chains?
i find it a total shit show, and i'm slowly thinking it might be a buzzword to get you to buy in. here are some of my issues:

It is a strategy to make their coins to have a use, or encourage holding.  I also find governance as a centralized version of cryptocurrency.  They keep on saying it is decentralized but the mere fact that most governance is led by the developer themselves and/or those people who have a huge amount of stash simply show what I am thinking is correct.  Aside from that I symphatize with you that letting people that has a poor vission and knoledge of economics but has power because they hold more tokens will simply make the project unpredictable and may often lead to exploits.  8) 8) 8)

Crypto Discussion / Re: Dogecoin becomes second largest PoW cryptocurrency
« on: September 17, 2022, 06:46:44 AM »
You didn't say something of your own about the article you copied and pasted with the link, we expect a piece of what you think as well considering you started the topic. Dogecoin may soon become the first on PoW or second on PoS, depending on if bitcoins transition first or they do. If asked some months ago, I would have picked litecoins as the next to succeed ETH as second largest PoW, but here we are. The announcement however did not seem to have any major effect on the price of Dogecoin.

Crypto Discussion / Re: Which coin should u mine right now?
« on: September 17, 2022, 06:45:57 AM »
I'm sure its not profitable with current price equals 10$ -

Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.

After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.

I may be optimistic about the game's release in the next years to come but I'm no longer that optimistic about the concept of play to earn. It's just based all on the hype which made the demand higher. They really were interesting back then but if all of these games will be played based on how profitable they are, they'll lose players eventually just like what's happening right now for most of the popular P2E games. IMO, games should be played to have fun because if they're having that P2E mechanics and it's attached to the volatility of the market, many newbies would fall for it again without understanding the economy and the crypto market.

Crypto Discussion / Re: So the ETH merge has finally happened
« on: September 16, 2022, 04:59:08 AM »
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.

Yeah it really seems like that whole merge was working as intended and no major hickups have happened. Therefore i am pretty surprised that the price of ETH went down more than 100$ today. The old saying buy the rumor sell the news is also not correct here because the news that the merge would happen this september already made the price pump to almost 2000$ per ETH. a few weeks back. So i don't really understand why ETH is dumping now, when everything worked so smoothly. I think we should not underestimate the number of unhappy miners that may be selling off their ETH now after the merge. Who knows.

Trading / Re: Is it a short break for bear market?
« on: September 15, 2022, 06:59:47 AM »
You do not have to think if it is a short break for bear market if you are a holder, hold bitcoin for long time period and see your coins worth to increase in value in 2 or 3 years to come.

For traders, they are not much concerned about bear or bull market, they trade in the direction favoured to make profit in short time period. But it can be other way, in a way losses would result instead of profit.

hello I have seen the best profits to be made are in projects like shiba inu before it became huge or currently on BSC and ETH chain on new projects.

There have been People who with the help of bnb chain even turned 50$ into 150k$ in a months time.

Well that isn't impossible in a FOMO state and it's in the bull run. It was too rare of a sheer luck to be able to flip that $50 into thousands of bucks in just a month. I don't think I can get my hopes up from  that right now considering the situation in the market. To be honest, it doesn't happen on just new projects, it may happen on already established projects that even existed years ago.

What are your thoughts on this topic?

Is there a market for scanning real life objects and turning them into 3D files on the blockchain.

I have made a video in twitter about this and think this tech could be revolutionary and open up a big new market.

Here is the link to the original ANN thread

NFTs trend is over bro.

You can feel free to change any 3D into NFTs, the big question "How you're gonna sell it ?". You're from no-body and most the time who are successfully selling their own NFTs is from Artist with have a powers (Follower).

Regular person is hard to sell their NFTs.

Crypto Discussion / Binance released its BAB token
« on: September 12, 2022, 06:57:06 AM »
Binance released its own version of Soulbound token, The concept was discussed first by Vitalik Buterin but CZ made the first move to deploy the idea, lets see how far will this go.

What is BAB token?
used as proof of identity for Binance users who have completed KYC verification, on 2022-09-08 at 09:00 (UTC). Users will be able to mint BAB tokens on BNB Chain as identity credentials, and participate in building multiple projects and earn rewards.

Features of the BAB Tokens:
Non-transferable: Users cannot transfer BAB tokens to other users.
Revocable: Users can revoke their BAB tokens.
Unique: One verified Binance user ID allows the user to mint one BAB token only on a certain chain.

additional info here:

How to mint the BAB token:

take note: 1 BUSD is required to mint the token

Trading / Re: What's next for cryptocurrency?
« on: September 12, 2022, 06:43:41 AM »
I had a friend whom I warned that shorting bitcoin at this point in time will be a very unwise move because the price action has been stimulated to the positive side. He didn't listen, and he still shorted bitcoin like hell and constantly bugs me asking for affirmation re: bitcoin's price going down. He lost $3000 just this day due to not looking at market conditions and not checking other traders' sentiments before he decide to make his own plans. He's only trading for 5 months and he's learned a somewhat expensive lesson.

At this point, I wouldn't bet against bitcoin getting some appreciation in price. We've been in the reds for over 2 weeks now and the market is just asking to get some greens for a short time.

Crypto Discussion / Re: LUNA PUMP
« on: September 11, 2022, 03:03:30 AM »
You can take out your profits dude and HODL an amount that you can lose in Lunc, these profits are caused by the burn that led to a decrease in the total supply. I do not see that the Lunc coin is a good investment in the long term, only in the short term. You can invest in it and get your profits out constantly because it is really a coin that is not guaranteed and there are thousands of people who lost their money and lost their trust in the Terra Luna team, so I do not advise you to risk unless you have additional money excess of your needs.

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