uTalk

Official forum for Utopia Community

You are not logged in.

#1876 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-06-30 19:53:20

Europ;16815 wrote:
Comrade;16812 wrote:
Camavinga;16779 wrote:

The way to build the trust of the community on a project is by what the project offers and whether it can be put to good use, if a crypto is pre-mined or not does not matter, many people do not even like pre-mined coins and i know a lot of them that were scam projects.

Ofcus many crypto users dislike the pre-mining but pre-mine is also proof to investors that the coin or token that has been created is actually functional.

That's in another case and in other hand, a pre-mined coin can be used as a prototype to show to interested parties but critics contend that pre-mining mainly serves ICO startups to “pump and dump” their own cryptocurrency. “

We actually understand how important or useful the pre-mining can be  not until the systen process was backstab by the illegal usage.

#1877 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-06-30 19:44:33

Camavinga;16779 wrote:
Comrade;16631 wrote:

Pre-mining can help a project build trust with its community by demonstrating that the team is committed to its success and has skin in the game.

The way to build the trust of the community on a project is by what the project offers and whether it can be put to good use, if a crypto is pre-mined or not does not matter, many people do not even like pre-mined coins and i know a lot of them that were scam projects.

Ofcus many crypto users dislike the pre-mining but pre-mine is also proof to investors that the coin or token that has been created is actually functional.

#1878 Re: General Discussion » Utopia in China. » 2023-06-30 18:38:11

Detroit;16784 wrote:

They still maintain general crypto anonymity and privacy through their transactions, but there are KYC protections in place to stop illicit uses of the platform.

There will be rises in charge rate of crypto, limitation for crypto transaction, involve tracking command protocols and also there will be monitoring and questioning over invested funds.

#1879 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-06-30 18:30:13

Camavinga;16778 wrote:
Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

Its quite understandable that Musk is an imvestor and a national  world recognized business owner. Who will want to invest in what won't be profitable?

#1880 Re: General Discussion » Utopia eco friendliness need to be talked about » 2023-06-30 18:24:23

Camavinga;16780 wrote:
Detroit;16580 wrote:

It's not uncommon for Bitcoin (CRYPTO:BTC) to increase or decrease in price by 5% or by supply and demand, just like anything else that people want.

The price does not have a particular percentage to increase or decrease, the market events will make it to either increase or decrease and it can be by any percentage. Some coins have supply that is fixed and some do not and demand cannot be fixed, if people like the coin they will buy it.

Its quite understandable that the flow of bitcoin base on the economical arising factors.

#1881 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-06-30 13:12:39

PEACEMAKER;16649 wrote:
KingCRP;16600 wrote:

I am definitely not going to feel bad for any one who actually leaves their funds on exchanges because I believe that it's risky and doesn't show they have a good understanding of what an exchange is all about.

It is ignorance that causes some people to leave their funds on an exchange. Many experienced members tend to do it so newbies to the space just copy them also stall on exchanges.

All we can do is try to educate as many people as possible of the dangers associated with it.

Putting out this  warning to other users will help to minimize the risk of lose of funds and misinterpretation of the exchange system.

#1882 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-06-30 12:38:56

PEACEMAKER;16650 wrote:
crpuusd;16587 wrote:

The crypto currency has more potential of doing more greater benefits in the trade systems than the ongoing centralised system.

Yes you are right, cryptocurrency is a far more flexible system and would adapt easily to the fast changing world. The traditional financial system is still functioning the same way it did several years ago and is less is suited to be the currency of the future.

The centralised system always have an attachable protocol and backdoors to equip vices in tracking financials so its makes it more adequate for breach in System.

#1883 Re: General Discussion » What is reason for huge spike in price of CRP? » 2023-06-30 12:29:54

Lanistergame2;16757 wrote:
gap;16691 wrote:

Bitcoin was once one of the most profitable investment online acquired. if only you could trade with a professional broker that would work you through the process indeed.

You do not need a broker to be able to trade any cryptocurrency, it is something you can do entirely on your own. There are online tutorials that can work you through the process if you are looking to be guided on how to start.

There are big chances learning and understanding the crypto trading system without risking to 2nd hand.

#1884 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-06-30 12:19:56

Lanistergame2;16758 wrote:
Europ;16743 wrote:

Ofcus you are right. Investment is that tiny line that separates the rich from the poor, the foolish from rich, sorry to say. I can proudly say I am wisely today because I can provide for my family through investment.

The poor only understand saving, the act of putting money away and cutting down your expenses so as to accommodate for your income, they do not take risks and do not see it as a wise decision for anyone to take.
The rich understand how to take calculated risks even before they become rich and they know that no one made it from playing it safe.

The riches of men are acquired by the intellectual habit of mind deliberating skills of multiplying of wealth into making a little acquired into large.

#1885 Re: General Discussion » Beware of crypto recovery services! » 2023-06-30 11:47:40

Lanistergame2;16759 wrote:
gap;16750 wrote:

How possible can that be and moreover which wallet can you recommend at this point that serves a very high secured and trusted entity?

As answered above, uWallet is a very good choice and provides high level of security for your coins. I do not see the need for other alternatives at this time when there is already an existing service doing the job very well.

Its of great values to  understand that you can always get the your secured tools in the utopia decentralized ecosystem. Not just the wallet but every other things within.

#1886 Re: General Discussion » What do you guys know that caused the failure of some pre-mined projec » 2023-06-29 22:03:26

Pre-mining can help a project build trust with its community by demonstrating that the team is committed to its success and has skin in the game.

#1887 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-06-29 22:01:22

crpuusd;16588 wrote:
CrytoCynthia;16578 wrote:

I can't tell you how many people have come up to me and asked if they should invest in Bitcoin. I recently conducted an investor education program at a workshop,  it was awesome.

Thats good and will be more implementing to the CRP awarenesses institutionship.

The Crypto currency serve a high priority to establish the mind of people to the development of digital knowledge, capital and security
.

#1888 Re: General Discussion » Utopia in China. » 2023-06-29 21:56:40

crpuusd;16602 wrote:
Comrade;16573 wrote:
Camavinga;16532 wrote:

That is something that i like about Utopia ecosystem, there are so many altcoins and ecosystems in the industry that are not focused on any development, so many of them are just looking for how to make money for the owners, but Utopia is not like that, there is growth in the ecosystem and it has a future.

The analytical approach of the decentralized block chains corresponding to the encrypted mode of ecosystem is actually outstanding in the crypto world.

Thats  actually an implementation of intelligence which makes utopia more trusted by the elite investors and respected by other coin merchant.

In as much as the Utopia p2p ecosystem has pave way for total anonymity in the crypto world and ecosystem, the Utopia p2p teams are expected to set a straight records to endeavors that the market values is quite monitors and to also reduces the factors that affect the price of the CRP.

#1889 Re: General Discussion » What roles does the poor play in the Cryptocurrecy market? » 2023-06-29 21:50:22

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

#1890 Re: General Discussion » What is currently missing within the ecosystem? » 2023-06-29 21:38:46

Well i can actually say that in this forum there's no actual topics where there will be updates and news about the CRP and UUSD market values and implementing hint.

#1891 Re: General Discussion » Beware of crypto recovery services! » 2023-06-29 21:33:27

Europ;16461 wrote:
gap;16439 wrote:
JONSNOWING;16195 wrote:

Recently no wise person would leave their device for the person fixing it let alone someone with their cryptocurrency private information in such device, Most phone engineers might be doing a double work of hacking such device

Technically most guru in tech mostly find things about devices more  easy to understood.

Well i guess the engineer are only the only one who actually get access to people's device and more over some engineer might as well caught users out in other not to reveal their skills of work.

Creating a secured environment requires an ideal of obtaining a few technical knowledgeable practices mainly in the Engeering aspects or the scientific computation aspects

#1892 Re: General Discussion » Utopia in China. » 2023-06-29 19:46:17

Camavinga;16532 wrote:
crpuusd;16398 wrote:

Its of good uses and understandable to say alot about the CRP, we all know how relentless the utopia p2p teams are  and also all users have confirmed the great works put in place.

That is something that i like about Utopia ecosystem, there are so many altcoins and ecosystems in the industry that are not focused on any development, so many of them are just looking for how to make money for the owners, but Utopia is not like that, there is growth in the ecosystem and it has a future.

The analytical approach of the decentralized block chains corresponding to the encrypted mode of ecosystem is actually outstanding in the crypto world.

#1893 Re: General Discussion » Why does Utopia work with scam projects? » 2023-06-29 19:40:20

CrytoCynthia;16565 wrote:
gap;16419 wrote:

<div class="quotebox"><cite>Dozie;16413 wrote:</cite><blockquote><div><p>Guys if Utopia p2p has worked with a project in the past and it was latter discovered that the project later became a scam does this affect Utopia p2p negatively in any way.</p></div></blockquote></div><p>With such allegations can possibly berated the ecosystem towards&#160; users either directly or non directly, most public social media has once been in thesame situation. We shouldn&#039;t always believed or what we see on the net so it quite good for one to do his or her home work before jumping in to decision</p>

Don't believe everything you read on the internet. The Internet is an incredible resource that provides easier and more immediate access to medical.

Whatever you see on the internet have their main differenc in serving purposes and you might be shocked if you fall to believe them quickly without making your research.

#1894 Re: General Discussion » What do you enjoy doing outside of crypto? » 2023-06-29 19:32:36

CrytoCynthia;16558 wrote:

Coding is not really difficult.  The problem is that it needs much dedication and practice else you will forget the one you learned. You need more practice mate for you to master it.

Coding can actually looks more complex but its really more easy when one understands the algorithm and all functioning syntax.

#1895 Re: General Discussion » Be Privacy conscious; Protect your data » 2023-06-29 19:24:21

Detroit;16555 wrote:

Centralisation gets consistency approach and activity and uses nearer power over working units. It handles crises instantly and successfully

well I can actually say that one of the differences between the centralisation and decentralization system is the legalism

#1896 Re: General Discussion » What do you enjoy doing outside of crypto? » 2023-06-29 19:17:03

JONSNOWING;16551 wrote:

Speaking of coding mate, I heard the learning process isn’t that easy and it’s time consuming. Does it require a particular learning process and is it lucrative ?

Well there are actually ways you can learn coding and there are specifically derived into four main part.

#1897 Re: General Discussion » Crypton Exchange has the fastest transactions » 2023-06-28 20:39:39

CrytoCynthia;16201 wrote:

<p>Moreover, growing awareness and adoption of digital exchange, is expected to drive the industry growth over the forecast period. The global cryptocurrency.</p>

The Crypton coin also need a blockchain developer for the maintainance of the crp coin in order to make a good strong block chains against loopholes

#1898 Re: General Discussion » Open Source - again! » 2023-06-28 20:33:02

CrytoCynthia;16207 wrote:

Blockchain applications governed in this manner are known as Decentralized Autonomous Organizations (“DAOs”). governance structure, in contrast, platform participants collectively enjoy full governance control, allowing them to represent themselves.

Thats the  nature of the peer to peer decentralization system and the blockchain developer are required to maintain the strength and bond.?

#1899 Re: General Discussion » Learning about utopia p2p » 2023-06-28 20:26:29

CrytoCynthia;16337 wrote:

The widespread use of crypto-assets without regulation could drive financial instability, market manipulation, and financial crime. A cryptocurrency's value can change constantly and dramatically.

You are actually right and its quite possible that the system might be running a centralised coin or might stike.

#1900 Re: General Discussion » What do you enjoy doing outside of crypto? » 2023-06-28 20:21:15

CrytoCynthia;16339 wrote:

The time series movements of Bitcoin prices are commonly characterized as highly nonlinear and volatile in nature across economic periods when compared to other investments.

Its actually demands some research in the economical scales and government policy to secured what is to come of Bitcoin.

Board footer

Powered by FluxBB