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#76 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-03 20:59:19

Detroit;17475 wrote:

Robbery activities are attracted to any financially abled entity. All they need is a place they can throw in their net and catch fishes(prey).

If scammer throw their net to catch their victims, the people that are smart will find a way to avoid that net, but the people that are not smart and are greedy will fall into it. Scammers have their ways, for you to keep your coins you have to know those ways and watch out for it.

#77 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-03 20:56:41

PEACEMAKER;17496 wrote:

This offers the best security and you are in charge of your assets.

It can offer the best security if the person is smart and intelligent, if the person is not smart and does not want to learn, it can work against them, some people have that control but they cannot protect it and scammers would prey on them.

#78 Re: General Discussion » Are you still using CEX? » 2023-07-03 20:54:28

oba;17372 wrote:

No, not all centralized cryptocurrency exchanges (CEX) require Know Your Customer (KYC) verification.

Good information my friend and you are correct, this is why people should join the utalk forum so that they can gain knowledge from others. Not all centralized exchanges require kyc, look at kucoin that was one of them, but now they have started asking for kyc, but there are others if people are looking for them.

#79 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-03 20:51:27

Detroit;17486 wrote:

Decentralized systems, however, share control across many users, resulting in a more secure and resilient network. The idea of decentralization is beautiful.

This is just what the decentralized utopia ecosystem is all about and that is why it is a very beautiful ecosystem to be in, control is shared, there is no need for your email address or your real name to register, the utopia ecosystem does not keep any logs of your details because they do not have it.

#80 Re: General Discussion » What is currently missing within the ecosystem? » 2023-07-03 20:48:38

Detroit;17482 wrote:

serve as a global knowledge hub on the the blockchain; create an attractive and transparent forum for sharing expert information and opinions to be used.

Utalk forum is already a hub for knowledge globally, anybody in the world can join the Utalk forum and also be part of the utopia ecosystem, i am also glad that members that are in the Utalk forum are sharing very good knowledge and are making sure nothing is missing from the ecosystem.

#81 Re: Channels and Groups » Let's have a sport board » 2023-07-02 18:55:22

Crpuss;17141 wrote:

Well there has been debate about where Trent Arnold would be playing at next season some  people actually prefer the middle for him.

He was playing shit last season when he was playing at right back, even kids could dribble him then and he could do nothing to stop it, but when klopp took him to midfield he started playing well and even when he played for England few weeks ago in midfield, he played very well, so he may be a midfielder next season.

#82 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-02 18:53:13

CrytoCynthia;17027 wrote:

To sum up, in a world that is moving more towards decentralization, a self-custodial wallet will ultimately be at the core of all activities and networking.

Yeah but there are so many people that do not know this or they know it but they choose to be lazy and not take responsibility. If you want to be safe you have to keep your coins by yourself, do not allow another person or organization do it for you.

#83 Re: General Discussion » What is currently missing within the ecosystem? » 2023-07-02 18:51:20

crpuusd;17036 wrote:

This actually a good heads up for investor and crypto traders to understand the transaction protocols in other to maintain orderliness in transfering funds.

You are welcome, that is the implication mate, the coins would be lost, i know some people who have even lost coins like this, they complained to me but it was already too late because they had already sent the coins, people have to do better and check things better to avoid things like this.

#84 Re: General Discussion » Why does Utopia work with scam projects? » 2023-07-02 18:47:54

Detroit;17000 wrote:

It is easy money for scammers, after all. The hype around cryptocurrency, especially when mixed with the trending topic of the digital space.

Scammers can only make easy money for people that are not wise, i know that there are some people that are new and they may be easy for scammers to trick, but most of the ways of scammers is easy to spot and it is the same way scammers use to steal fiat, people have to do better.

#85 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-02 18:45:00

Detroit;16790 wrote:

Setting realistic goals is a crucial part of managing risk in Bitcoin trading. By establishing clear objectives, traders can make informed decisions.

There are some investors that want to become millionaires overnight, they do not set realistic goals and they end of burning themselves, crypto is not an easy investment and money is not made too easily from it, if people are more careful and patient they will succeed.

#86 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-07-02 18:40:05

Crpuss;17104 wrote:

This is one of the best advice any newbie can adhere to right now always be privacy conscious it's very important because there are lots of vices in the crypto-currency space that should be avoided.

There are so many vices and so many scammers, some scammers are very easy to spot but there are other scammers that are very difficult to spot, that is why people that use cryptocurrency have to be very smart and careful, if you are not wise scammers will take your coins away.

#87 Re: General Discussion » Are you still using CEX? » 2023-07-02 18:38:24

KAMSI_UG;17066 wrote:

Well if this question was directed to me then I would say no, I am not using centralized exchange but I believe there are people doing so .

People cannot stop using centralized exchanges, centralized exchanges are even more used and popular than decentralized exchanges. I use Crypton exchange now which is decentralized for most of the things i do, and i am enjoying using it.

#88 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-07-02 18:36:24

Dozie;17121 wrote:

Well I am not certain but the major cause of the failure has to be the team themselves, a poor team can never properly lead a project well.

This is what many people do not know, there are so many cryptocurrency projects that their team is just made up of scammers, they don’t have anything good for the project but they want to scam the people who will invest in it, this kind of project will fail whether pre-mined or not.

#89 Re: General Discussion » What is reason for huge spike in price of CRP? » 2023-07-02 18:34:23

Detroit;17006 wrote:

Given increasing cryptocurrency adoption in today's world, businesses would benefit by integrating cryptocurrency payment into their payment ecosystem

What you are saying is true, cryptocurrency adoption is increasing so much in this world and that is why many businesses are already making that integration you are talking about, you can buy things with cryptocurrencies today, you just have to be located in the right place where it happens.

#90 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-07-02 18:32:01

Detroit;17048 wrote:

The poor tend to think that the reason they are poor is because they aren't rich. It sounds ludicrous when you read that sentence but that is exactly how many of them think.

Your post has humor in it, but even in the midst of the humor i understand what you are saying very clearly, though it is not the case for every person that is poor, there are people who are poor but they are also very hardworking, they are just unlucky that they have not been able to make money.

#91 Re: Channels and Groups » Let's have a sport board » 2023-07-01 18:12:16

Cesc Fabregas has retired from football, he was a very good player for Arsenal, Barcelona and the other clubs he played for, he will immediately become a manager of a team in one of the smaller leagues, but he was a very intelligent player so i know in some years time he will become a coach of a big club.

#92 Re: General Discussion » Utopia in China. » 2023-07-01 18:10:41

CrytoCynthia;16808 wrote:

Whereas the average Bitcoin transaction fee hovers around $7.50, BCH transactions can cost $0.01 or less, and process faster than standard BTC.

You did not post the site or the link that you got your information on this statistics, so i don’t know if it is correct or not, but i do not like comparing cryptocurrencies by their transaction fee because they are mined or produced differently and they have different levels of volume and the money spent to mine or produce them is also different.

#93 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-07-01 18:07:13

Detroit;16794 wrote:

One of the most important things in the crypto community is building relationships. If you want to be successful in the crypto world, you will need to build relationships with the people you are trying to reach. This is easier said than done, but you must try. One of the best ways to build relationships in the crypto world is by holding meetups and conferences.

If you want to be successful in the cryptocurrency world, building relationships with people that have better understanding that you will help you very much, but be careful of who the people are, if you do not know them well they may be scammers that can hurt you.

#94 Re: General Discussion » What is currently missing within the ecosystem? » 2023-07-01 18:05:08

CrytoCynthia;16818 wrote:

Blockchain ecosystems are an important subject for crypto investors. The ecosystem shows how a blockchain works, and it is often used.

This is a way that some people have lost their coins and they are still losing it, they do not understand blockchain, they think that every cryptocurrency has the same blockchain. Cryptocurrencies have their own blockchain, so if you send ethereum into bitcoin blockchain your money will be lost.

#95 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-07-01 18:00:26

CrytoCynthia;16803 wrote:

Although Musk's interest in Ethereum and Bitcoin is valid due to the cryptos' influence and feasibility in the DeFi space, his Dogecoin. Elon Musk Says He Is Buying the Crypto Dip.

I will tell you something, and it is that you should not believe everything that Elon musk says, i don’t believe that he has any business in bitcoin or in ethereum, Elon musk has interest in smaller cryptocurrencies that he can manipulate when he wants and make money for himself.

#96 Re: General Discussion » What is reason for huge spike in price of CRP? » 2023-07-01 17:53:11

Detroit;16789 wrote:

If a currency gains mass adoption, its value can shoot through the roof. This is because the total number of most cryptocurrencies are limited, and an increase price.

It can happen to some cryptocurrencies but not to all of them, only the cryptocurrencies that are good can gain mass adoption, the cryptocurrencies that are not good cannot get that type of adoption. There are many cryptocurrencies in the industry but only few will ever gain that.

#97 Re: General Discussion » Are you still using CEX? » 2023-07-01 17:49:55

Kucoin have changed to mandatory kyc, they have been a centralized no-kyc exchange for a longtime, but i knew that one day they will change it and become like other centralized exchanges that collect personal details. Kucoin will lose many of their customers to decentralized ecosystems, the people that will stay back have no problem giving kuCoin their private details.

#98 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-07-01 17:47:07

oba;16950 wrote:

It's important to recognize that the advantages and disadvantages of decentralized exchanges vary depending on the specific DEX platform, technology, and community support.

There are many decentralized ecosystems that are not correctly decentalized, some people believe that once a project says that it is decentralized, that it is true. To know if the project is correctly decentralized you have to research and study how they operate.

#99 Re: General Discussion » Why does Utopia work with scam projects? » 2023-07-01 17:39:46

Scam projects are so much in the cryptocurrency industry, and these scam projects get mixed up with the projects that are legitimate, so it will now be very hard for a person to select the good projects and leave the ones that are controlled by scammers, Utopia ecosystem is a legitimate project, everyone should know that.

#100 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-01 17:36:34

CrytoCynthia;16810 wrote:

The US appears to be leading in the crypto KYC/AML stakes. In the US, FinCEN (is charged with protecting the US monetary system from illicit use and combat money.

The US is very strict with cryptocurrency exchanges, they are so strict that i no longer know what their intentions are for cryptocurrency exchanges, some people say they are just doing this to find a way to get to crypto through cryptocurrency exchanges, i will tell US citizens to use decentralized exchanges for now.

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