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  1. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I have shorted a few coins (with a very small percentage of my portfolio) on Binance. I think it is much easier to spot an overhyped coin than to predict a pump. The problem however, is that it's very hard to predict when a pump is over. There are simply too many investing with their heart and...
  2. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Security Inheriting Consensus Protocols One of the things I figured when I wrote my master's thesis (about blockchain technology) some years ago, is that it is impossible to secure all decentralized blockchains with Proof of Work or Proof of Stake. Proof of Stake requires a significant market...
  3. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I agree. I don't see why people would do that to themselves. But then again, we all gotta do something.
  4. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    @Xeon, I don't know what happened. Previously, you asked great questions in this thread and received many excellent answers. You have been treated with respect, and people have tried to teach you how blockchain works. Now, it seems the only thing left in your posts is bitterness. This...
  5. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Out of curiosity, do you trade based on your predictions? If so, how is your portfolio doing compared to just holding?
  6. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Today, I changed my investment strategy. I've traded my crypto for 50% USDT and 50% XMR. I'll save the USDT for the next bull run, and use the XMR on cocaine, ecstacy, and speed. 1. I'm gonna have a hell of a fun time until the next bull run. 2. The time will fly so I don't have to worry about...
  7. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Be careful! :) Many of you may very well have some great gains. But greed will kick in, you will fail to sell, and end up losing 75% of your investment. People underestimate the bear market. It will hit altcoins hard, especially "promises of gold and glory"-altcoins that promise much and...
  8. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    It really depends on what layer you look at. Everything should not be decentralized, but the core should. The internet is a decentralized system. That is one of the reasons why it's so successful. But there are many centralized solutions utilizing the internet. When we talk about smart chains...
  9. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    These are some great arguments! We see the blockchain space with very different eyes. You focus more on the social/people side of things, while I mainly look at the tech. I still find it strange that so many jumps on the Binance wagon, but these arguments make it easier to understand why! In...
  10. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I disagree. Centralization is like putting a barrier in front of the blockchain, essentially saying this is my chain, not ours. Yes, you can use it, but I control it. Why do you think there are so many Ethereum Improvement Proposals? Because everyone owns the chain. Try to find the same for...
  11. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Thank you, I live a good discussion I agree. Sooner or later, we will see stocks on chain. And as you say, as blockchain mature, we will see more and more well run DAOs. But I don't see how this matters to BNB. Binance is huge, and will probably keep growing. But BNB is currently near an ATH...
  12. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    A cryptocurrency is not a stock. Unlike a stock, you get zero dividends from a cryptocurrency, you own 0% of the company and you have nothing to say in development of the product. You cannot compare those one to one. I disagree that BNB is a good buy right now. Binance is very good at...
  13. Frinys

    App Developer Networking Group

    MEETUPS 
    Let's say you earn $20 per hour working at your regular job, and it takes at least 2000 hours to master programming well enough to develop a working product. Let's say you use an additional 2000 hours developing your product. 20 * 4,000 = $80,000. The time it takes you to build the product...
  14. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    "I have not read this thread. I haven't searched through it either. Here is something I heard about that I don't know anything about. Go ahead, check it out!" I know you're just trying to be helpful, but if you're going to shill a coin, at least provide some value doing so. If you know nothing...
  15. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I do not have any useful links, but it would help if you could provide us with some more information. Most importantly, do you have any programming experience? A DApp is simply just a smart contract. To build a DApp for Ethereum, you need to learn the Solidity programming language. Solidity is...
  16. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Definitely sooner or later or never.
  17. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Contracts verified is not the same as contracts executed. Verification happens when the contract is uploaded. Execution happens when that contract is triggered. You seem to be looking for execution, but you look at verification. Also, not all contracts are Defi contracts. To look at execution...
  18. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Me neither. It is the best for the long term. I agree. To predict the top is impossible, and it is important to have a good strategy and to try not to be affected by FOMO and FUD (which is hard for everyone except maybe rainman). To see more and more big investors join crypto is nice though...
  19. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    These coming weeks will be interesting. March is known to be the worst-performing month for Bitcoin, and we enter April this coming week. While I don't think that a dataset of 10 years is enough to deduce any meaningful statistics, I do think the market has been affected by this "knowledge"...
  20. Frinys

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I agree. DeFi is benefiting the whole crypto ecosystem, and DeFi will be huge in the future. The question is when. Right now, people talk about DeFi as if it is the ecosystem. What will happen when people remember that crypto is more than DeFi? That said, it wouldn't be the first time I'm wrong. :)
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