uTalk

joanna;7340 wrote:

Camavinga;7070 wrote:

We cannot organize it ourselves, if the forum members organize it, where is the prize for the winner going to come from, except one user is going to donate it. If you think you can pool funds together for it, it would also not work because you cannot trust whoever is going to hold the funds for the winner, that’s why it is best we wait for the admin.

It can be organized by ourselves. What we are going to do is make the announcement about the contest on the Utopia application client and host the event here. It is more like inviting more Utopia app users to this forum.

Yes, this is the exact thing done during the Worldcup competition where users are to predict the winner of the cup.
About putting funds together to host the event, I believe it will be hard since UtopiaP2P Crypton coin is privacy and we still need the dev team to come in.

oba;7370 wrote:

joanna;7369 wrote:

This is also the reason why a lot of cryptocurrency enthusiasts focus more on hardware wallets and according to the news the number of hardware wallet users increased rapidly last year

Technically, yes that's the reason. However, Centralized exchanges also provide limited access and also have some restrictions which can be annoying at some point not to talk about the KYC/AML requirements.

What I dislike about centralized exchanges is the loss of privacy because centralized exchange transactions are typically recorded and recognizable on a public blockchain. This puts consumers' privacy at risk if they value anonymity.

joanna;7049 wrote:

Let's accept they do not want to run the contest but it's something we can also at least organize among us and if that it's not possible it's better to forget it for now.

We cannot organize it ourselves, if the forum members organize it, where is the prize for the winner going to come from, except one user is going to donate it. If you think you can pool funds together for it, it would also not work because you cannot trust whoever is going to hold the funds for the winner, that’s why it is best we wait for the admin.

Utopia is wonderful decentralized ecosystem, centralization has taken over the world today, people do not worry about their privacy and anonymity anymore, but utopia is a great way to escape from centralization. For people who value their privacy and anonymity, they should move to the utopia ecosystem.

Lanistergame2;7215 wrote:

Detroit;7210 wrote:

Such platforms should be shutdown. I have actually imagined cryptocurrency having such a body where they regulate and dictate misleading projects and shut them down.

That is an extreme measure if you ask me. It is a bad practice to be covert about if your source code is open source or not and I would advice people to look for open source alternatives to it, but that does not call for a shutdown.

A regulatory body for a decentralized industry contradicts why the industry exists at all. Regulations are not a solution to problems but a way for governments to gain control.

It doesn't have to be people to do it. They can find away to incorporate it into the blockchain system.  Many people do not know the difference between closed-source or open sources or scam projects.

thrive;7329 wrote:

Dozie;7293 wrote:

Many times this popular exchanges has actually failed us in so many ways, I don't think I would rate an exchange now by it's popularity, it's not a popularity contest.

Ready or not? You should always expect disappointment and failed service from Centralized exchanges because they are mostly control by the government and the owner of the exchange. Besides, the decision of the government is what determines their next move.

Yes, Centralized exchange can easily fail or manipulated by the government and that's why people are advised not to keep their cryptocurrency on there for a long time.

thrive;7316 wrote:

JONSNOWING;7192 wrote:

With the possibilities the Cryptocurrency space offers I believe it's time more people understand the value of Cryptocurrency and I suggest that if it's possible Cryptocurrency should be taught in schools.

Cryptocurrency and blockchain are already taught in some schools in the US, and EU countries it just only a few people know about this. Besides, I read that some schools also accept cryptocurrency as an intuition fee.

The schools I'm sure that are offering cryptocurrency courses include Harvard University, Massachusetts Institute of Technology, Oxford University, National University of Singapore, Cornell University, and the University of California Berkeley.

I want to understand something, there is a limit to the amount of CRP you can send to a person ordinarily but why is there no limit to the amount of uVouchers you can send out to people.

Kelechi;7015 wrote:

IyaJJJ;6913 wrote:

Learning about the fundamental concept of cryptocurrency is something the newbies don't want to do and they are always after the money-making aspect of the market. This is why we'll always see people that are victims of scams.

Also I have a suggestion that would help newbies and also help older members refresh their memory and that's having important articles of Utopia p2p pinned on boards.

Nah. This is not something we need right now if you look at the forum carefully there's no native or local language sub-channel, there are features that allow personal message selling among users.

level;7085 wrote:

Camavinga;7068 wrote:

Crypton coin is doing well, just that there are many altcoins and maybe that is why it isn’t being noticed too much. What i like about crypton coin is that it is kind of stable, it does not pump and dump like many altcoins. I believe when altcoin season comes CRP is going to really pump.

An enormous number of altcoins may be the reason why Crypton was not noticed but that's not the actual reason. The reason is that most cryptocurrency investors are always after profit, and hype and only a few consider using privacy coins.

Meanwhile, this is the exact reason why we see a lot of cryptocurrency scam victims because 90% of all crypto investors don't focus much on what they ought to make their priority.

oba;7103 wrote:

Camavinga;7075 wrote:

You are very correct, but i think maybe there is a real and genuine reason why Utopia cannot add extra trading pairs for now, but since we are not working closely with the team we do not know, i believe in the future there will be more volume in the exchange, but for now people have to use it for the other wonderful features it offers.

Let's get this straight, the true intention of the developer team is to provide an ecosystem that will ease the burden of cryptocurrency enthusiasts and also provide a form of security in terms of privacy and investment. Therefore, I don't see any reason why they will choose not to add more pairs on the Crypton Exchange if there's no tangible reason.

All I can say is that the developer team understands what we want and if they didn't understand they won't have created a topic on this forum dedicated to the community voting for the next pairs they will add to the Crypton Exchange but if they are not adding it now then there must be a good reason for it.