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Lanistergame2;12684 wrote:IyaJJJ;12673 wrote:Meanwhile, I don't expect it to go down either and there's news going around now that Gary Gensler applied to be the exchange advisor in 2019 but was not accepted before he before the US Sec chairman could be the reason he target the exchange Now
It is possible that the suit on Binance and Coinbase are witch hunts to weaken both exchanges and make them heavily compliant with government regulations more than they already are. This might not be correct, the next couple of days would expose more.
The lawsuit provided by the US SEC against the Binance exchange will not hurt the price of Crytoin coin it will only cause some dump in price to the whole cryptocurrency market.
In late 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance, one of the world's largest cryptocurrency exchanges. The lawsuit alleges that Binance failed to register with the SEC before offering US customers the ability to buy and sell cryptocurrency.
IyaJJJ;12830 wrote:oba;12829 wrote:That's a serious issue because I never like the idea of market regulation and it is sad that the issue of fake news is also caused by cryptocurrency enthusiasts.
That's true. There are some investors and traders who use fake news and rumors to manipulate the market for their own financial gain, either to create artificial buying or selling pressure or to mislead investors into taking positions that benefit the manipulator.
Unlike traditional financial markets, cryptocurrencies lack a traditional centralized media ecosystem. Many online sources that discuss cryptocurrencies are blogs, social media accounts, or news aggregator websites so it is easy for news platforms to create fake news.
The cryptocurrency market is highly complex, and the fragmentation of information sources can lead to confusion or misunderstandings that can lead to the dissemination of fake news.
full;12773 wrote:JONSNOWING;12589 wrote:Fake news generally has ruined most establishments let alone cryptocurrency. This news mostly come from those that know nothing about Cryptocurrency. But maybe they ran into Crypto expecting it operates like Ponzi schemes, got disappointed and decide to spread fake news
Fake news is something I believe that mostly generated by some cryptocurrency news platform if not there's no way it will happen and if the SEC wants to do a good job in the cryptocurrency market they ought to start penalizing news site that provides fake news.
Fake news is a serious problem in the cryptocurrency market, impacting trading decisions and investor sentiment. As you said, I will be happy if the SEC does as you suggested.
The cryptocurrency market is relatively new and unregulated in many countries. As a result, there are few legal consequences for creating and spreading false or misleading information. If want the SEC to do that they will want to regulate the market.
level;12822 wrote:IyaJJJ;12821 wrote:It will be nice to use examples that are easy to understand. For instance, imagine a ledger book that keeps track of financial transactions between two people and makes them understand that cryptocurrency is like a digital version of the ledger book.
There is also a need to explain how transactions are recorded on the blockchain, which creates a tamper-proof record. Highlight how cryptocurrencies eliminate the need for intermediaries like banks, making transactions faster and more secure.
If you want to people to have an interest in cryptocurrency we must also discuss the benefits of using cryptocurrency, such as fast and secure international transactions, low transaction fees, and financial benefits.
Yes. However, the discussion about risk is also important cause they also need to be informed about the risks of investing in cryptocurrencies, which include high volatility, hack attack, and lack of regulation.
oba;12820 wrote:level;12819 wrote:The best way to start it is through the basics of cryptocurrency and blockchain. Cryptocurrency is a digital asset that uses encryption techniques to secure transactions and serves as a medium of exchange things like that.
However, you'll also need to explain what the blockchain is and its duty as a digital ledger that records all transactions on the network.
It will be nice to use examples that are easy to understand. For instance, imagine a ledger book that keeps track of financial transactions between two people and makes them understand that cryptocurrency is like a digital version of the ledger book.
There is also a need to explain how transactions are recorded on the blockchain, which creates a tamper-proof record. Highlight how cryptocurrencies eliminate the need for intermediaries like banks, making transactions faster and more secure.
KAMSI_UG;12511 wrote:Kelechi;12507 wrote:Well with fact that Utopia p2p protects once privacy and security and this project has amazing useful utilities it makes it a good project to be part of.
If you were asked to introduce UtopiaP2P ecosystem to someone that is very new into crypto-currency how would you explain the project to them
Introducing cryptocurrency to someone who is very new to the concept of blockchain and cryptocurrency can be overwhelming, but also come with a lot of hard work and wisdom.
The best way to start it is through the basics of cryptocurrency and blockchain. Cryptocurrency is a digital asset that uses encryption techniques to secure transactions and serves as a medium of exchange things like that.
IyaJJJ;12814 wrote:thrive;12813 wrote:Crypton coin is directly designed to maintain its stability, both in terms of its value and its usage.
That will be through the UtopiaP2P treasury mechanism which automatically adjusts the Proof-of-Stake rate to alter the supply of Cryptons in the ecosystem's economy to make Cryptons the most stable currency with the lowest volatility.
Meanwhile, the Crypton coin demand is backed by the needs of a growing number of miners and users who need Crypton to pay ecosystem fees, issue crypto cards, mint uNS NFT, stake, and other operations.
Ok. So what they said about uNS being traded as NFT in the future is true? How is it possible for this to happen?
Comrade;12703 wrote:crpuusd;12515 wrote:Ofcus and perhaps the market should be the main objective because if people can actually get things with CRP definitely the demand will be high. More people will tend to have crypton as a purse.
With the necessary conformative by the Utopia p2p teams and users, there will always be a leading qualities for the CRP coin.
There's indeed a leading quality in the Crypton coin and I don't know if you guys notice that the Crypton coin is the only cryptocurrency in the market that didn't suffer in this bear.
I believe this happen because the Crypton coin is a decentralized cryptocurrency that can be used for a wide variety of transactions, such as payments, trading, and staking. This flexibility allows Crypton to maintain its value and usage during bear markets.
thrive;12806 wrote:IyaJJJ;12805 wrote:The growing and committed of the UtopiaP2P development team in introdcing new feature user is what constantly adds value to the project, and also attract further investment.
Projects offering unique solutions or having a high market potential that addresses an obvious market gap are what investors like and since provide all that there's a huge chance for investors optimistic.
Yes. However, there's a need for developing strategic partnerships with well-established companies or blockchain projects which will indicates to investors that there is potential for long-term success of the project.
Transparent and plan that outlines the project's milestones and objectives assures investors of the project's to have optimstic about the project future success.
thrive;12802 wrote:full;12745 wrote:Yes, UtopiaP2P is a great deal in the privacy market and we have a lot of people who are optimistic about the project because the UtopiaP2P ecosystem has a strong team of developers working for the success of the project.
The UtopiaP2P seems to also have advisors who have a track record of success in privacy projects which gives a lot of investors confidence in the project base on its achievement so far.
An experienced and talented development team with a solid foundation in creating unique privacy technology that has the potential to solve real-world problems and disrupt existing industries.
There's no doubt about that because the UtopiaP2P ecosystem always is the home of privacy enthusiasts who are technologically looking for breakthroughs.
joanna;12796 wrote:thrive;12737 wrote:Correct, curiosity often leads to a desire to learn and understand new things. It can motivate people to seek out information, read books, attend seminars, and pursue educational opportunities.
Curiosity can be a driver of creativity. When people are curious, they can come up with new ideas, explore new combinations of existing ideas, and push the limits of what is currently possible.
Meanwhile, curiosity is a key driver of innovation. Inquisitive minds have the potential to push boundaries and create new breakthroughs in technology, science, and culture. This is why we see a project like UtopiaP2P today.
That's true. Curiosity can lead to a desire to examine problems closely and find new ways to solve them. Innovation and creativity that arises from curiosity can help solve critical challenges facing society.
level;12664 wrote:IyaJJJ;12662 wrote:Yes, those types of people are everywhere in the cryptocurrency market and we will always have them but when others that listen to advice are fully aware they will be the ones to bring the mistake of those that didn't listen.
Hmm. That's true but how do you think the awareness about the danger and what to look for in cryptocurrency before making an investment will be widespread?
A simple social media campaign and advise will do some help but we will also need a physical movement about it either.
I supported the social media movement but something also needs to be done about some influencers that are abusing their influence power through the habit of misdirecting the rookies.
level;12660 wrote:IyaJJJ;12659 wrote:That's exactly my point and to prevent this from happening will need to give them the needed awareness when they are aware they will know the mistake is from their end not the cryptocurrency market.
Despite what you said was good but do you know that some cryptocurrency investors are stubborn and will never listen to advice or guard given to them?
Yes, those types of people are everywhere in the cryptocurrency market and we will always have them but when others that listen to advice are fully aware they will be the ones to bring the mistake of those that didn't listen.
Hmm. That's true but how do you think the awareness about the danger and what to look for in cryptocurrency before making an investment will be widespread?
level;12658 wrote:IyaJJJ;12657 wrote:nevertheless, we can still play our part by making them aware of the necessary things and how they ought to play their game in the market because some of them will say cryptocurrency is the reason for their loss.
You have a point here and this reminds when the Silicon Bank was bankrupt some naive government official said that the cryptocurrency market volatility is the reason for the bank bankruptcy
That's exactly my point and to prevent this from happening will need to give them the needed awareness when they are aware they will know the mistake is from their end not the cryptocurrency market.
Despite what you said was good but do you know that some cryptocurrency investors are stubborn and will never listen to advise or guard given to them?
level;12656 wrote:Vastextension;12655 wrote:I supported what you said there but it said that some cryptocurrencies only focus on projects that are making good trends in the market.
It's their loss then because in the end, they will be the ones going through the trauma of losing their investment not us.
nevertheless, we can still play our part by making them aware of the necessary things and how they ought to play their game in the market because some of them will say cryptocurrency is the reason for their loss.
You have a point here and this reminds when the Silicon Bank was bankrupt some naive government official said that the cryptocurrency market volatility is the reason for the bank bankruptcy
level;12654 wrote:thrive;12653 wrote:This is the reason why Blockchain developers and network participants need to take necessary precautionary measures to prevent 51% of attacks. I like the UtopiaP2P ecosystem for having every issue settled.
Meanwhile, this is the reason why cryptocurrency investors also need to pay attention the concept, blockchain and other mechanism of the project they wanted to invest in.
I supported what you said there but it said that some cryptocurrencies only focus on projects that are making good trends in the market.
It's their loss then because in the end, they will be the ones going through the trauma of losing their investment not us.
Vastextension;12652 wrote:level;12651 wrote:If the attacker has a strong economic motive or is financially incentivized to manipulate transactions on the blockchain, they may be more likely to launch a 51% attack on a project.
Despite everything you guys said. It's important to note that a 51% attack is a serious threat to the security of a blockchain network and can lead to significant financial losses and reputational damage.
This is the reason why Blockchain developers and network participants need to take necessary precautionary measures to prevent 51% of attacks. I like the UtopiaP2P ecosystem for having every issue settled.
Meanwhile, this is the reason why cryptocurrency investors also need to pay attention the concept, blockchain and other mechanism of the project they wanted to invest in.
Vastextension;12649 wrote:joanna;12622 wrote:51% can also occur if a blockchain network has poor security or vulnerability in its code, this can make it easier for attackers to exploit the network and gain a majority of the hashing power.
Yes, but the mining difficulty of a project blockchain also has an impact if it is too low, it can be easier for attackers to acquire the necessary computing power to launch a 51% attack.
Nevertheless, an attacker can access cheap and powerful computing resources, such as cloud-based mining, which can make a 51% attack easier to accomplish either.
If the attacker has a strong economic motive or is financially incentivized to manipulate transactions on the blockchain, they may be more likely to launch a 51% attack on a project.
Vastextension;12644 wrote:level;12643 wrote:That's correct since airdrops always generate hype and attract attention to the project, which can help to increase the project's visibility and user base.
Footing my know, airdrops can help to incentivize early adopters and build a loyal community of supporters around a project.
According to history of the cryptocurrency market. Some projects use airdrops to distribute a portion of their tokens or coins to community in order to helps ensure that the tokens or coins gain more market volume.
While airdrops can be a useful tool for marketing, promotion, and community building, not all airdrops are created equal and also beneficial.
Vastextension;12641 wrote:level;12640 wrote:It could be that what it mean and it may not be the meaning but nothing last forever though. I think we should focus on earning more Crypton through the airdrop since it will help the UtopiaP2P ecosystem in some ways and also helo the community.
Yes, but some people only see the airdrop as something that could possibly affect the price of Crypton coin but they didnt know that it will also help Crypton coin in the market and the UtopiaP2P project at large.
You guys may not know that airdrop is also another form of marketing and promotion tactic used to promote cryptocurrency project or platform.
That's correct since airdrops always generate hype and attract attention to the project, which can help to increase the project's visibility and user base.
joanna;12611 wrote:full;12610 wrote:Speaking of the bearish market. Do you guys think this airdrop wont affect the price of Crypton coin in the market because some of the airdrop winner may choose to sell their Crypton coin.
The airdrop wont affect the price of Crypton coin the market, Remember Crypton coin is organic price base cryptocurrency and it is always resillent to bear.
The below this news statement that ACTIVE / TESTING which i believe mean the airdrop is active now and could be stop since it is still testing by the development team.
It could be that what it mean and it may not be the meaning but nothing last forever though. I think we should focus on earning more Crypton through the airdrop since it will help the UtopiaP2P ecosystem in some ways and also helo the community.
thrive;12288 wrote:IyaJJJ;12230 wrote:It does bring up misfortune to him if not for the cryptocurrency Twitter community won't have voted him out as the Twitter CEO and sure people are happy with how Twitter is operated after Elon Musk step down.
I don't know in what sense you guys are talking about Elon Musk's irrational behavior bringing him misfortune because i don't see any misfortune on him and for the record he has made the money he invested on social media.
Yes, Elon Musk didn't have any misfortune in the aspect of making money through social media but I think the misfortune they were talking about is him losing his position as CEO.
I totally agree about Elon Musk's irrational behavior is the reason why he loses his position. From what I see he's not needed and his car factory is the best place for him.
full;12133 wrote:Comrade;12088 wrote:Some people don't understand the power of affiliate marketing..
Let me tell them something about affiliate marketing. Do you actually know that they can link with any site and getting customer to pay with crypto to purchase a product?Yes, affiliate marketing can link to any website but it's mostly linked to social media, Pinterest, etc. However, getting the requirements is based on individual knowledge and location if affiliate marketing is really easy as you talk about every internet user will be a millionaire.
From my own understanding affiliate marketing is best for influencer which have huge social media followers or subscribers on Youtube.
Aside from the affiliate marketing, you guys are talking about there are many ways to also earn on the UtopiaP2P ecosystem and I am earning every month by staking CRP coin which allows users to earn additional rewards through their help to support the stability of the ecosystem.
thrive;12276 wrote:IyaJJJ;12218 wrote:Yes, UtopiaP2P need to join the NFT market and make privacy available there since the development team of UtopiaP2P said they are going to make privacy available almost everywhere.
Other than what you said about making privacy accessible everywhere in your utopiaP2P development statement. They already had a plan for NFT before things changed.
Yes, they were planning to create privacy NFT marketplace some months ago before the NFT market was abused by naive NFT project owners and the community lose interest.
I'm unaware of everything you said about the UtopiaP2P development but I am sure in the future they will still touch the NFT market since uNS will be traded like NFTs in the future.
thrive;12271 wrote:oba;12270 wrote:Yes, some of the records achieved by the Crypton coin in 3years is something some cryptocurrency in the market was unable to achieve as we speak.
What I like about Crypton coin that also makes me believe it will be among the top privacy coin is that it is completely good for everything, transaction, and mass adoption.
Its transaction confirmation time is world-class and there's no doubt that it will be incredible for mass adoption and border-to-border payment.
Aside from Crypton coin being a completely good cryptocurrency. The UtopiaP2P development team also create an exchange to complement Crypton coin potential in case the government totally restricted privacy coins people can still trade them on Crypton Exchange.