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I do not think poor people have any defined role in the crypto market at all. They have very limited purchasing power and would only make up a small minority of the entire coins in circulation. Collectively they can pull a higher purchasing power but not everyone is interested in cryptocurrency.
Even many experienced members leave their cryptocurrencies on an exhange, some of them know the risk but they are very lazy to control their own wallet so they want the exchange to help them to protect their crypto, so if the exchange fails they will lose their crypto.
You are very write about this. When you try to caution some of them about the practice they tell you about SAFU and how it is protecting them.
The feel cause hacks do not happen that often the chances of being a victim is very low but they are wrong.
The mere reason that they are pre mined already gives off the sense that it is a centralized system and the developers can easily enrich themselves by creating tons of tokens for themselves and then dumping later on investors.
It is best to mine it gradually overtime at a controlled rate.
Any recommendations aside the Crypton exchange mate? I think some things should be fished out easily and ward off all forms of Crptocurrency exchange scams
Do you mean an alternative decentralized exchange? There is one which is mentioned often and that is bisq. i do not think CRP is listed on it at this time but it is a very decentralized exchange which gives you full control.
Well as the league is about to begin I would say that my favorite thing to do aside cryptocurrency would be to go and watch so exciting matches .
This break period has been difficult to handle for football fans. Every season we know a time like this will come but it always seems to meet us ill prepared.
I cannot wait for the season to resume and the new signings play for their new clubs.
Well why I think this true but don't forget that still some part of crypto-currency is actually not completely decentralized because we still have some bit of centralization
This is down to the particular project you are looking at. Some like utopia are designed to be completely decentralized and you can only break this if you choose to store crp on a wallet you do not control like a centralized exchange.
You are damn right. By following a disciplined approach and avoiding irrational decision-making, you can minimize the impact of FOMO.
Discipline is the key. If one can control their emotions and do not immediately react when the price rises they would be able to make more informed decisions and not fall for FOMO or FUD.
Cryptojacking is the unauthorized use of someone’s computer to mine cryptocurrency. This is typically done by installing malware on the victim’s computer that uses their processing power to mine cryptocurrency without their knowledge or consent.
The crazy part is one way or the other they would have to give consent for malwares to be installed on their device. They will disguise it as a harmless application and hope that you download it without doing any research into it.
When they have gotten the malware in they now plan how to manipulate your wallets.
The Euro qualifiers are ongoing right now, and the Euros would take place next year. This thread was created as a world cup contest, and i think the admin should do another similar contest for the Euros next year, it will get so many people’s interested and they will join the utalk forum.
I will be delighted if the admins considers it and does something like this for the Euros. It has been a while I tested my football prediction skills and I would love to do so on this platform with the other users I have has football discussions with.
The rule of “buy low, sell high” is the basic formula in trading, it applies to a pattern of cryptocurrencies price that shifts between certain price points.
And the basic advices are most likely overlooked by many. They wait for the price to rise which gives them the confidence that they will make a quick cash but sometimes when they buy it starts going down and they have fallen for a pump and dump.
It is very easy to know how scammers operate, i do not believe that people are scammed because they do not know how scammers operate, people are scammed because they are greedy, when they see offers that are too good to be true they still believe it, that is because they are greedy, and they get scammed easily.
I agree. There is a saying about how a fish has to open its mouth for it to be caught by the hook. The same applies with scammers who use something as bait to hook in their victim and then start demanding something from them.
Some even send you money first so you think its legitimate.
Ignorance is one of the most killer of achievement so far in the crypto world and trade system. We should all learn the natives of information that will ensure us to greater and profitable end means
Information is power. This is the reason I always talk about doing your own research and trying to acquire as much information as one can.
If you are properly informed you will not be easily deceived or fall for cheap scams.
Well actually in the Utopia p2p ecosystem its might be hard to get hack or scam in the system right in front of all users cause i believe there is no PM available for now. So if anyone is looking for way to loose is fund probably he or she can overlooked the alarming warning being given and leave his fund in the exchanger
I have not looked at it this way but it actually does offer some sort of protection to users of this forum. For you to privately communicate with anyone you have to publicly post your other handles like telegram so others can message you.
Cryptocurrencies have no legislated or intrinsic value; they are simply worth what people are willing to pay for them in the market. This is in contrast to promoting the government effort.
You should do more research before making such comments about intrinsic value. Many projects are created out of thin air with no product but other projects have a foundation and are backed by usecases which gives it value.
Decentralization and Centralization are both good... But i must say what if someone is trying to come in between the transaction of probably someone is trying to compromised the transaction. Users should answer that question theirself.
Centralization is not a good thing at all. Centralization come with lots of baggage and restricts the control the asset holder has over it, your bank can decide that you cannot access your funds and you cannot do anything about it.
Decentralization is the way to go.
Utopia being the best of its kind has shown how vital cryptocurrency is. We need to demand more flexibility since Utopia can give us so much already from other exchanges.
While demanding anything we need to understand that the team is putting in a lot of work to make this project work and we need to give them enough time to grow and develop the exchange to what we will like it to be.
Well the beginning and end of benefits of investment is to make profits that's why majority of people actually invest.
Profits is the major goal of investments, but it helps if you can invest in something that somehow makes your life better in one way or the other.
A project like CRP would benefit financially and also in its utility.
Well I don't think it's going to be a single link I think it would be more of like a thread that has link to understanding Utopia p2p and also we can discuss more about it in the thread.
In that case, it is not an issue for the admins to solve but it is a post that any user can make after researching and gathering the different links that are relevant
I would consider it in my spare time.
Yes I agree with what you're saying, because truly the government are against decentralised crypto because they can not control it. But CRP is good for all because it is descentralized. And even without the government support, CRP will succeed
With time even governments would start buying crypton to benefit from what this project offers. This is a project that can survive without the help of any other platform and it definitely doesn't need a government to approve it.
I enjoy seeing movies, sleeping and eating. Just anything that can easy my stress, because CRP can be very stressful.
CRP is not stressful, it is just a coin. What can be stressful is if one is into trading or some other sort of crypto activity that takes their time.
As an investor you just have to buy and hold CRP with no stress.
Good answer I think If many newbies can start to think like this and start to understand that they can't actually recover their lost funds
Even more experienced users fall for victim to recovery services even with the knowledge that crypto cannot be reversed and some of them are not aware that their coins cannot be reversed after they are transferred.
Whatever Pep is doing now would not last much longer. Pep's end is near in Manchester City. It is inevitable. Yes he is one of the greatest coaches but his tactics are fading slowly
Pep's tactics have been working for more than a decade since he's days at Barcelona and he has been really successful with it.
I do not see his tactics fading anytime soon even if he moves to a new club.
I believe so too, utopia is a very good ecosystem especially because it is decentralised. I do not think that the utopia management will stop with their development of the project because it is one that has helped people who wants privacy.
The utopia management are not showing any signs of slowing the developments happening on the project. This is already one of the most amazing projects currently going on and it has great utility for its users who value their privacy and anonymity.
Advertisement is very important for a crypto project especially the ones that are very new. Utopia have been around for some time now and they still do adverts and promotional campaigns on social media, I think you should check out utopia's social media handles
True, adverts and promotions are essential for the growth of any project at all. Publicity does not just come naturally or organically, so the team has to put in effort to promote it.
It would be safe to say that no one has successfully recovered their coin when it was stolen this is the reality for me
It is impossible to recover a coin after it has been transferred to a different wallet. You can only try to trace the hacker and try to get them indicted and have their wallets forfeited.
You cannot reverse transactions.