uTalk

Official forum for Utopia Community

You are not logged in.

#1576 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-05 11:29:40

Europ;17826 wrote:

The Government established the crypto world by legitimating crypto as legal tender, arcade the infrastructural content, national attentions and awareness, Establishement of secured readable protocols and serve as alternate national currency.

The government did not establish the crypto world and it does not need them to make it legitimate.
Being decentralized means not needing a central authority to function at all and being able to be used anywhere and by anyone.

#1577 Re: General Discussion » Why does Utopia work with scam projects? » 2023-07-05 11:27:45

I am loving the discussion on wealth creation as it is a very important one with tons of books being written on it, but very little people understand how to go about it.
Getting your income to be higher than your expense is one factor, being able to effectively manage the extra income and channel that to useful investments is another factor.

#1578 Re: Channels and Groups » Let's have a sport board » 2023-07-04 18:34:01

Crpuss;17571 wrote:

I was actually expecting Newcastle with qualifying to the UEFA champions league and also with the mobey they have are meant to sign more players into their team.

They have signed Sandro Tonali from AC Milan for an undisclosed fee and with his talent he will bring a different approach to their midfield. I was also expecting more signings from them given their successes last season but they seem to be taking a more reserved approach.

I hope it works out for them in the end.

#1579 Re: General Discussion » Are you still using CEX? » 2023-07-04 18:30:51

Camavinga;17508 wrote:

Do you know that there are many people who do not know this, there are many people who do not know of decentralized ecosystems, they thing the only way is centralization, this is why i try to tell people about Utopia, they are missing a lot if they are not on the ecosystem.

Centralization has been the only thing people have been used to to and it will be difficult to let them see something different where the government does not control their money and they have the freedom to do what they want.

It is not for everyone and when I encounter people who are not ready to be their own banks, I do not recommend crypto to them.

#1580 Re: General Discussion » Crypton in the next six month » 2023-07-04 18:22:14

CRP will be very bin in the near future. I see this period as the dip period where we have the opportunity to buy some cheap as we wait for the market to go green and enter a bullrun.

Buy as much as you can afford and also try to keep it safe to avoid losses.

#1581 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-07-04 18:19:52

joanna;17628 wrote:

Yes, in the cryptocurrency market only Crypton coin, provides top-notch privacy by allowing users to transact through the medium that can't be confiscated or manipulated.

There are some good alternatives like Monero, but I will pick Utopia over it cause it is an actual ecosystem and does not just provide privacy and anonymity services, but anything that a crypto enthusiast will need.
This makes CRP the preferred option.

#1582 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-07-04 18:17:12

level;17607 wrote:

As a result, alternative consensus mechanisms such as Proof of Stake (PoS) have been developed to address these concerns while maintaining network security.

But Proof of Stake (PoS) comes with security issues which is a much higher concern than energy consumption or slower transactions. For this reason I prefer PoW which is a much more secure network to PoS, except the PoS protocol is implemented properly.

#1583 Re: General Discussion » Why does Utopia work with scam projects? » 2023-07-04 18:10:21

If we are to create an environment that encourages mentorship we need to also put in effort to ensure its safety. It is very easy for a mentor to rip off a men-tee or recommend that they invest in something that they know would crash so as to benefit from the initial pump.
If this cannot be guaranteed people should rely on learning indirectly from available resources.

#1584 Re: General Discussion » What is reason for huge spike in price of CRP? » 2023-07-04 18:07:15

Financial education is something everyone should take very serious if they want to be successful. One has to understand money and also how to invest in it if they want to be able to make passive income and not only work for someone.

#1585 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-04 17:57:18

CrytoCynthia;17545 wrote:

Cookies alone cannot harm the computer. Still, they can contain certain information to lead a possible attacker to the respective computer.

Cookies can be used to spy on a user and get sensitive information about how they browse, what websites they visit and even keypad patterns which can be used to harm them at some point.
For safety reasons always limit the amount of cookies you accept and check them to know what data they collect.

#1586 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-04 17:53:00

Camavinga;17506 wrote:

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.

The smart ones or those who are informed of how scammers work will be able to avoid it.

Scammers generally depend on the ignorance of their victims to be successful and anyone who is not greedy or does not make silly mistakes like giving out their private keys, keeping their funds on an exchange etc will not fall victim.

#1587 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-07-04 17:49:43

Comrade;17635 wrote:

Some people are likely not to witness any sort of hacks and threats, basically they know little but they actually but they abide with the rules.

The chances of being a victim of scams and hacks is actually very low if you just keep to very simple rules. You do not have to be very experienced all you need to know are the basics of security and the do's and don'ts, with this we will not fall victims.

#1588 Re: Channels and Groups » The forum special board » 2023-07-03 16:38:35

KingCRP;17272 wrote:

I think this is one Utilities that would make sense to have right now. We are seeing lots of newbies that are coming into the system and a forum group can guide them

The forum is already a group as it is, I do not think it will make any sense to have a group within the group.

A help board for beginners where they can ask questions and learn more about the rules will be helpful.

#1589 Re: Channels and Groups » Let's have a sport board » 2023-07-03 16:36:38

Liverpool spent huge money Szoboszlai after triggering his release clause making him one of their most expensive signings. They need a new midfielder and he is a needed addition to the team.

They also need a good center back to keep the current pair on their toes and more in the way of attacking force.

#1590 Re: General Discussion » Utopia eco friendliness need to be talked about » 2023-07-03 16:34:42

IyaJJJ;17354 wrote:

To decide whether blockchain technology and cryptocurrencies are suitable for different use cases and contexts, it is essential to weigh the advantages and risks attached to them.

It has some usability in the real world but that is to a limited extent.
We have seen different scam devs talk about how blockchain will change this industry and that many times over but almost all those projects fell off after some time.

#1591 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-07-03 16:32:13

Detroit;17284 wrote:

The future of cryptocurrency is uncertain. Mainstream adoption is still far off, and intense market volatility is discouraging individuals and companies from getting involved. Public awareness around cryptocurrency and blockchain technology has grown rapidly over the last five years, but much of the publicity centers around scandals, scams, and market crashes.

The future of many cryptocurrencies is uncertain but there are select projects which I am certain will be around for a very long time and would keep growing and improving, one of such projects is utopia.

I can safely hold CRP for 10 to 20 years.

#1592 Re: General Discussion » What is currently missing within the ecosystem? » 2023-07-03 16:29:00

So far nothing significant is missing in this space. The team has been very proactive in adding new features and fixing errors raised by the users.

I know the will surprise us with some new additions but it is almost a perfect system as it is.

#1593 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-03 16:27:04

level;17397 wrote:

That's why cryptocurrencies continue to face criticism and regulatory scrutiny due to concerns over fraud, money laundering, and volatility.

Fraud and money laundering have been present with fiat for many years and is more popular with it even than cryptocurrencies. The criticism is cause the government cannot control it, so they use the media to make you afraid of it.

Volatility is good when it goes up mostly, unlike fiat which is on a downward spiral.

#1594 Re: General Discussion » Are you still using CEX? » 2023-07-03 16:23:43

level;17379 wrote:

individuals who prioritize maintaining privacy or anonymity may prefer to use decentralized exchanges (DEX) or peer-to-peer trading platforms that do not have mandatory KYC procedures just what the UtopiaP2P.

Everyone who is using a decentralized asset which the government does not control should care about their privacy and anonymity cause it is a very important factor.

Crypto gives you privacy and anonymity which helps you keep your funds safe and secured but if you give up that privacy, the government can forcefully seize your funds cause they have linked them to you.

#1595 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-07-03 16:21:06

gap;17367 wrote:

Also when it comes to mining processes during the verification process, individuals referred to as “miners” will review the transactions to ensure they are genuine. When one or more hackers gain control over half of the mining process, there can be extremely negative consequences.

Nodes are the ones who check that a transaction is genuine. Miners are responsible for confirming transactions and they get a reward for doing so.

Miners are nodes, but all nodes are not miners.

#1596 Re: General Discussion » What is reason for huge spike in price of CRP? » 2023-07-03 16:19:23

Europ;17289 wrote:

Moreover we should always try to understand the flow of price of coin and possible causes for a drop or high states of the market values. With this, its will prompt us to know when to invest, sells and buy.

If you are a long term holder you do not need to understand the market dynamics or flow of price, all you need to do is buy through DCA, hold and sell when you have gotten enough profits.

#1597 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-07-03 16:17:00

crpuusd;17408 wrote:

Poverty is a choice that can't be made verbally but with decision making. Users who are ready to solve the States of being poor who need to be ready to go into something safe, profitable and guaranteed. The Utopia p2p ecosystem are always open to build people up but not to restrict invoking knowledge in new users.

It is a mindset but our environment plays a huge role on how much opportunities we can aim for and the possibilities that we can create. It is easy to be successful in an enabling environment and more difficult in one that is not so enabling.
Utopia is an opportunity that everyone can access.

#1598 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-01 20:22:34

Camavinga;16775 wrote:

There are some people who want to play safe in everything, they are never ready to take any risks, but without taking risks it is hard to become rich, investing in crypto is a risk, but people take the risk because they know they have to do it, investing in CRP is a good risk to take.

Those people never get to become wealthy. Without some sort of risk it is almost impossible to benefit from opportunities.

The ability to take calculated risks is one everybody should learn and the more you earn the more freedom you have to take more risks.

#1599 Re: General Discussion » Are you still using CEX? » 2023-07-01 20:20:06

I have given up on centralized exchanges for a long time and even I will advice everyone to do same.

If you must use them do not enter KYC there and do not use it as a means of storage. Trade and transfer your coins out of there as soon as possible.

#1600 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-07-01 20:18:34

JONSNOWING;16996 wrote:

I have seen most poor people elevate themselves from such mentality and are doing well for themselves, it’s a thing of the mind. Once you accept mentally to be poor and nothing can be done about it, that’s it. The person then wants what the rich have all at once forgetting one right step at a time and greed sets in including all this cryptocurrency scams we see today

This is very correct. The mindset is the major point where wealth is determined and not the person's current state. You can have people who are poor change their situation within a very short space of time and those who are rich lose their wealth within a short space of time too, due to different mindsets.

Board footer

Powered by FluxBB