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joanna;7369 wrote:oba;7368 wrote:I would only go with the convenience to be the reason because Centralized exchanges seem to be more vulnerable to security risks, and that include hack attackers which end result was the loss of crypto user's funds, and also damage the reputation of the exchange.
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;7331 wrote:oba;7330 wrote: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.
You are absolutely correct about that but some people still misunderstand that the SAFU provided by centralized exchange doesn't save their cryptocurrency investment especially those that didn't use privacy service.
How can any cryptocurrency enthusiast in the present day still save their funds on the exchange, this is the biggest risk anyone can have so far, saving your coin on an exchange is like inventing problems for yourself.
From my understanding, I believe the major reason why most people keep their cryptocurrency on a centralized exchange is that they offer a convenient way for users to trade cryptocurrencies, use their coins and not be in charge of the security.
level;7362 wrote:CrytoCynthia;7347 wrote:Many newbies active now aren’t here to learn, some of them are actually trying to earn immediately. I don’t have anything against earning but you must have to learn first.
If the newbies never stop the habit of earning first whereas they ought to learn first before diving into the earning aspect. There is no way they won't always be the prey in the cryptocurrency cause the influencers will always use them to achieve their goals.
I know this may look cruel to some people but I never for once feel sorry for the newbies whose aim was about making earning through cryptocurrency but ignore the most vital thing in the crypto space.
Same here but the sad thing is that when the result of their naiveness happened they will put the blame on cryptocurrency not being good to them where as they are the ones that built themselves a grave of losses.
level;7341 wrote:full;7092 wrote:I could remember I was also once a newbie in the cryptocurrency ecosystem years ago but I took my time to learn about the fundamental concept aspect of it which I believe its the most important. Any newbie that didn't know all the utility of cryptocurrency basically ignores knowing the benefit of the project other than making money through it.
You're quite right because some newbies are a pain in the butt but if they focus only on making money there's no way they are going to maximize the profit they ought to make if they didn't understand the fundamentals.
Many newbies active now aren’t here to learn, some of them are actually trying to earn immediately. I don’t have anything against earning but you must have to learn first.
If the newbies never stop the habit of earning first whereas they ought to learn first before diving into the earning aspect. There is no way they won't always be the prey in the cryptocurrency cause the influencers will always use them to achieve their goals.
CrytoCynthia;7240 wrote:IyaJJJ;6761 wrote:I am not talking about what investment means, I am talking about what happened during the covid-19 when banking institutions first find a safe-haven in cryptocurrency, and if you notice this is actually the moment private organizations started to diversify some of their capital into crypto.
During the case of corona many people weren’t sure of what the latter outcome would be that was the reason for some pulling out their funds into cryptocurrency the uncertainty caused it.
I don't think people weren't sure about what the latter outcome would be before they decided to move their funds into cryptocurrency because the situation was totally clear that the only safe haven is cryptocurrency.
Plus one on what you just said because every setting was losing in potential, performance, and use case but cryptocurrency remains strong. I could remember that Robert Kiyosaki even advised people to switch to crypto during the covid-19 season and he also talk about his investment in crypto.
oba;7304 wrote:JONSNOWING;7298 wrote: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.
I have never for once seen a limit to the amount of CRP coin every user can send to another person and what determine the amount of CRP coin a user can send is the wallet balance.
I have never experience that before either but my believe is that he/she is talking about was unable to send all the balance in his/her wallet which i think is normal
Me neither and the only to get to the bottom so we can be sure of what really happened is if the user can take a screenshot of what exactly he/she is talking about so we can provide the right assistance.
Detroit;7212 wrote:joanna;7187 wrote:I believe no sensible person will read what you guys said here and won't agree with you. However, we still have a lot of people that won't understand this or read what you just said.
In the meantime, I have a strong feeling that they will add more pairs before the end of this year.I agree with you mate. It seems so. It does seems like temporary something they will solve in no time. We all just have to be patient with them.
It will be nice if the strong feelings you have about the Crypton Exchange adding more pairs before the end of this year do happen and I hope Ethereum and Litecoin will be among the pair that will be added.
I think adding more pairs to the Crypton Exchange is a problem for the UtopiaP2P developer team and footing every upgrade with the inclusion of new features integration adding more pairs shouldn't be a problem for them but they are more focused on developing the ecosystem.
Camavinga;7070 wrote: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.
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.
level;7066 wrote:JONSNOWING;7029 wrote:Well I think next year is too far, I already see Utopia p2p and Crypton CRP doing very well this year, so far the Utopia p2p team has launched in so quality utilities.
I agree with what you said even in the next few minutes anything can happen since Crypton coins have been so resilient in market and also maintain it current price position.
Well we hope that the current market doesn’t gets worse, we have not see a bright push by most cryptos but am just glad that the market isn’t all that bad either.
There's nothing to fear sooner or later the total bullish market will start. Besides, the issue happening with banks and the world economy will make people see cryptocurrency as their best alternative investment and asset. The cryptocurrency market will continue getting better.
KingCRP;6966 wrote:CrytoCynthia;6956 wrote:I kind of feel some newbies here should try to make use of the products Utopia p2p offers this would help them have a ready understanding of what Utopia p2p is really all about.
Many newbies in cryptocurrency don’t know their are other Utilities a cryptocurrency project or entity can offer them aside the regular investment purposes.
I could remember I was also once a newbie in the cryptocurrency ecosystem years ago but I took my time to learn about the fundamental concept aspect of it which I believe its the most important. Any newbie that didn't know all the utility of cryptocurrency basically ignores knowing the benefit of the project other than making money through it.
You're quite right because some newbies are a pain in the butt but if they focus only on making money there's no way they are going to maximize the profit they ought to make if they didn't understand the fundamentals.
Kelechi;7017 wrote:KingCRP;7009 wrote:In as much as I am a cryptocurrency enthusiast I would not like to have the bank system in crises I also actually both entity can exist and even have a correlation.
The banking system has it own fails and floors I also think it's been of harm especially with the fact that government has good control over it but it should be there as a choice alternative for individuals.
Although, the government may have a key role played that lead to the crisis and bankruptcy of the banks but the major cause of the bank issue is not from the government cause it is actually from the banks management through the misuse of user funds.
Hmm, you have a point and that's really what I read about the Silicon Valley Bank the collapse of the bank is behind the bank CEO and one of the US Senator name Bernie Sanders even talk about the issue.
I missed out on lots of coins due to indecision like bitcoin and Ethereum, now the price of it is way high I doubt if I can afford it, I won’t want to repeat that mistake anymore with CRP Crypton.
Honestly, every cryptocurrency enthusiast has once learned a lesson at a certain point and this is also the reason why someone like me doesn't want to miss the opportunity presented by Crypton coin.
Well I am not in a hurry for the Utopia p2p mobile application to be realized because I am also using the Utopia p2p mobile version of the application but I would also appreciate if the mobile version of the application can be possible.
I like what you just said here and I hope more enthusiasts of this great project will be more understanding like you cause the component of the mobile application is not something easy.
level;6922 wrote:CrytoCynthia;6732 wrote:Guy at this point I would Like to understand what we as a community can do to support CRP Crypton to grow? Although the bull run hasn’t yet come in but CRP Crypton has been at $0.6 for a good time now.
What we can do as a community to support the Crypton coin is to first have strong enthusiasm for the coin. Do some sort of local advertisement that may be wearing merch that has information about CRP coin just like how some BTC enthusiasts advertise BTC in front of SVB when the bank has a crisis.
Yes I also thought as much I was thinking of hosting a lecture in my school community about the decentralized values of Cryptocurrency making great references to Utopia p2p.
That will be a nice idea if the student in your school are people who are already into cryptocurrency because it is hard to convince people that didn't have any good feelings towards cryptocurrency.
Camavinga;6937 wrote:IyaJJJ;6827 wrote:You seem to know a lot about the UtopiaP2P project and from what I see either a lot of users are requesting so much from the dev team. However, all this happened because they have high enthusiasm for the project.
You have a very good point and i think people should understand that too, people are not asking things of the developers because they have not done well or because the project is not good, but because there is so much enthusiasm about what the project has already achieved and users cannot wait for more to experience.
True, the administration keeps giving out the best, and also try users can see that there is so much room for improvement. This project is properly the best u gave seen. I hope they keep getting better they don't relent.
Yes, there's much room for development on the UtopiaP2P ecosystem at least the developer team still deliver based on what is importantly and needed for the project to progress.
level;7064 wrote:Crypton Coin is doing better more than many altcoins already if you notice how it performs, how its ranks climbed up, and not its surge in price.
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.
JONSNOWING;7038 wrote:CryptonBet to me would make more sense if this platform CryptonBet was a really gambling site Because right now I don't know how to classify what CryptonBet is truly all about.
CryptonBet is not a site, not to talk of a gambling site. CryptonBet is just an utopian channel created by an utopia user for people to win something if they are lucky, people do not have to stake anything to win, they just have to be lucky to win, that’s all. It is just a friendly channel to gift out things to people.
I guess this is the part the user doesn't understand when he makes the conclusion statement about the CryptonBet channel while it's the only p2e channel we have on the Utopia application client.
joanna;7018 wrote:CrytoCynthia;6955 wrote:I don’t know if this has happened any where before where we have the price of a coin at different level on different exchanges, I actually don’t see how possible this is if you ask me.
I haven't seen it happen either. Wait maybe that's the price of Crypton coin LBank exchange during the time they had the CRP coin trading competition weeks ago.
How is this possible mate? Do you mean the price was manipulated to increase just because of there was a trading competition going on? I don't think that's the case.
When a trading competition is hosted on an exchange it gives room for some highly experienced and wealthy cryptocurrency traders to manipulate the price of the market by creating an increase in demand.
IyaJJJ;6913 wrote:Lanistergame2;6822 wrote:That is a common newbie mistake that someone would make if they lack proper guidance when getting into crypto and see it as a get rich quick scheme.
One just needs to understand the basics before jumping into crypto or they learn from their mistakes when they get burned and lose their capital.
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.
Your suggestion will help the new user to have more understanding and that's those that make good use of their in learning more about the ecosystem but I don't think we need it at this moment.
IyaJJJ;6586 wrote:KAMSI_UG;6543 wrote:Same here I did not have any difficulties at all using Crypton Exchange. It was actually a smooth transition and the transactions are easy to carry out. Registration is also not an issue.
Let's see what will happen by next year and i hope the dev team keep up the good work.
Well I think next year is too far, I already see Utopia p2p and Crypton CRP doing very well this year, so far the Utopia p2p team has launched in so quality utilities.
I agree with what you said even in the next few minutes anything can happen since Crypton coins have been so resilient in market and also maintain it current price position.
JONSNOWING;6029 wrote:Kelechi;6025 wrote:Well there are few reasons for anyone to contact the support team their job has already been made easy because all of Utopia's utilities are well developed and structured.
Where do we reach out to the team concerning the launching of some promised utilities like the NFT marketplace, Mobile application, launchpad, smart token just to mention some.
Well I don’t know if the supports team takes down issues like this but I would readily suggest you go try the support team or you can keep in touch with the team on other social media platforms.
Everything promised by the developer team will be executed but we also to know that the UtopiaP2P dev team doesn't like to provide features and services that are not up to the task.
I See Crypton doing better than many Altcoin this period, I am not sure when the Altcoin season would show up but I am very optimistic that when ever that happens CRP would be amongst the first to go parabolic.
Crypton Coin is doing better more than many altcoins already if you notice how it performs, how its ranks climbed up, and not its surge in price.
level;7045 wrote:Camavinga;6943 wrote:I’m afraid, but i have to agree with you. Maybe they have plans to do something about it in the future, but for now as long as there are no sufficient trading pairs, traffic would not be as high as it should be. Maybe they want to work on the technical aspects first, before the volume.
Yes and that's the exact thing I am trying to say when all the application clients of UtopiaP2P provide advanced service with privacy the enthusiast of the project will be happy that the dev team keeps their promise.
Of course. We can't expect high traffic for Crypton Exchange but it is easy for the exchange to gain huge traffic, and use since no privacy exchange was able to provide the exchange advance service.
That's true. Cryptocurrency enthusiasts always flock to where they can get the best in the crypto market. If the Crypton Exchange continues to provide outstanding anonymous exchange service they will always use the platform until more pair is added.
Detroit;6838 wrote:Camavinga;6808 wrote:I think CryptonBet is just one of Utopia’s channels where people can win something if they are lucky, it is not really a gambling platform because you do not have to stake anything, you just win something if you are lucky when you participate, i do not know if the channel is still in operation though.
CryptonBet is really a nice feature added in the utopia community, it makes a whole lot sense. Though getting rewards from them are sometimes a whole lot annoying but it's worth it.
CryptonBet to me would make more sense if this platform CryptonBet was a really gambling site Because right now I don't know how to classify what CryptonBet is truly all about.
Have you participated in the event hosted on the CryptonBet channel? Just curious because it is just a platform for people to have fun while they get rewarded for playing some old games.
Nuva is the channel that was to act like a gambling site on the Utopia app client.
I don't know if this has been requested for here or has it been posted here before but I would like to know some of those 1800+ merchants that has accepted Crypton as a means of service exchange.
I think this is not a question you should ask mate if you look through the UtopiaP2P official website you get the answer to your question. In the meantime, you can check this link https://u.is/en/merchants.html