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@idiosyncratic1

@idiosyncratic1 in June 2021

@idiosyncratic1

Good news from India Regardless of the price actions in the crypto market, governmental policies are much more important than any technical level to build a healthy crypto ecosystem. Although we care a lot about the future of crypto, it's nearly impossible to survive in the case that governments restrict operations over cryptocurrencies. India has a massive impact on the market due to the interest in the subject and the number of crypto enthusiasts. I'm pretty sure that…

@idiosyncratic1

When you have some time to check upcoming airdrops, Coinmarketcap's airdrop section is very well-organized. I also use coinmarketcal to check the updates and upcoming airdrops for token holders/traders. What I like about CMC Airdrop section is most probably the ease of use. You can basically check all the requirements when you choose the upcoming one. By the way, it may not be the best idea to give your KYC etc for a project that is developed by unknown people. As far as it…

@idiosyncratic1

We need to care about our crypto-language to change our perspective. This bull-run made me realize the narrow-minded perspective that labels any crypto as ETH-killer while there could be much better classification options. Calling a crypto asset something killer even decreases its value from the very beginning. Besides, people do not necessarily have to use Ethereum for smart contracts or the De-Fi ecosystem. ETH-killer or Alternative X coin underrepresents the intrinsic…

@idiosyncratic1

Coinbase listed Doge But I think the company could not be satisfied with the listing, the marketing team decided to shill as well 😅 Is there any reasonable explanation why Coinbase added Doge to its name. Is not it one of the most reliable/regulated crypto exchanges in the United States? Actually, I'm waiting for the days when this pointless Doge hype will be replaced with utility, real-life solutions, or mass adoption.

@idiosyncratic1

We will rise when the tweets are in vain. I have been thinking about the past events that people realized the newly forming uptrend in the crypto market. While everything was bloody, neither bans of crypto news nor any negative tweets were pushing the price downward. Here we are with a similar case that reminds us of the times back in history. When will the bulls will outperform will be obviously the days that the market is saved from weak hands who are seeking tweets to…

@idiosyncratic1

The summit 2021 is becoming more and more ridiculous. I really cannot understand why did this guy made such an intro like Bitconnect; why on the earth people booed Floyd Mayweather when he said "build what you believe" and finally the guy with Dogecoin and the reactions of people. This summit is great proof of the extent that our fanboy crypto enthusiasts HARM our growing ecosystem. These guys are not here for technology or sustainable solutions; they are there to show off.…

@idiosyncratic1

What do you think about the president of El Salvador's decision? I think it's an important milestone for the crypto ecosystem. Since we already attracted enough institutions to crypto, our target is to grab the attention of governments 😄 Let's discuss, would there be any other choice but for Bitcoin? If the decision was on Ethereum, Bitcoin Cash, or Litecoin, that would be a bit weird. Thus, I believe, it's the first mini step taken for the sake of the crypto world. Sooner…

@idiosyncratic1

Another Red Day... Sometimes I really feel that I'm missing the chance to buy cryptocurrencies from discounted prices but, within a week, we experience another dump 😅 I think when we give up hoping to have better days, the bull-run will start... Here is something that attracted my attention. The amount of Ethereum on exchanges tested the lowest level since 2 years. Most probably people wait for Ethereum 2.0 and staking is another good option for them the increase the amount…

@idiosyncratic1

Do you check the dominance charts with indicators or do you follow patterns? Personally, I do not give too much credit to use the additional tools for dominance, total market cap, etc but I see many people who could successfully guess the price actions or, let's say, the flow of money in the crypto ecosystem. According to this chart, BTC dominance levels are tested for Moving Average 128 & 200. After this point, it would not be surprising to see green altcoins for the next…

@idiosyncratic1

What do you do with your BCH earnings on Noise Cash and Read Cash? - I choose to receive daily interest on BCH via Nexo ^^ A couple of days ago, Nexo voted for daily interest on the native token (NEXO) for customers. About %90 of Nexo holders voted for interest and, I believe, this is a great move to attract more people in addition to dividend payments. Since both De-Fi and other Crypto-banking / Lending platforms are working hard to grab people, Nexo took a worthy step to…

@idiosyncratic1

I just realized that the price of CUB on Coinmarketcap is not up-to-date. If you are following De-Fi products on Coinmarketcap, Coingecko, or Coinpaprika, make sure that you also check the project home page to see the actual price. Otherwise, the lower or higher price may make you decide another way of income triggering FUD or FOMO 😅 I was planning to add Pancake to the CUB Kingdom before I checked Coinmarketcap. Seeing that the price has decreased $.10, I gave up it for a…

@idiosyncratic1

What do you think about the updates by SoMee? Actually, it grabs my attention thanks to its re-designed system that has several branches and multi-blockchain operations. In terms of the platform, there is nothing clear about the wallet, payments, voting operations, or basic monetary aspects. The hype is likely to happen on the tokens that are represented. Back in times, I remember some negative comments about the platform but, maybe, the new system can fix previous concerns…

@idiosyncratic1

De-Fi eliminates the banking system with Farming & Auto compounding. Decentralized Finance serves incredible project for those who are trying to escape from the collapsing financial system. The crypto-banking and/or De-Fi projects are providing new opportunities for those who are worried about the value that they created through their hard work. The consensus models are not as hot topics as before thanks to the growing interest in Second Layer solutions 😄 Imo, this is the…

@idiosyncratic1

Welcome to the dark of De-Fi, Titan Rug-pull... This time it was a bit surprising for everyone as Mark Cuban said to be one of the liquidity providers of the platform. Within a day, the price reached $0 (Zero) in value. While Titan was quite popular in Crypto-Twitter, this rug-pull ended up the faith of token holders and liquidity providers in a day. When the market is in a downtrend (especially when the coins are testing lower lows and staying at weak support levels), it is…

@idiosyncratic1

Fan Market Cap is growing. A couple of days ago, "zerohedge" mentioned the success and potential of Fan Tokens as the coins with real use case. For me, fan tokens are one of the best projects to enhance the mass adoption of crypto. If you want to follow the situation in the coins, "fanmarketcap" works quite fine to check often. Another thing that I like about fan tokens is the locker room which is like Initial Coin or Exchange Offerings. If you can participate, you get the…

@idiosyncratic1

Zapper.fi De-Fi platform is giving daily rewards points for each visit in 15 hours. It's something surprising for me to see such a rewarding mechanism on a De-Fi platform. However, when we consider the immense race among the De-Fi projects to grab the liquidity flowing around, it makes sense 😄 So what is the use case for the reward points? As you get more points, you level up and you can buy NFTs from the market in exchange for your reward points. The NFTs are listed…

@idiosyncratic1

While Crypto Market is going down, the number of Ethereum locked for 2.0 is increasing every single day. As you can see from the chart below, the number of validators has been non-stop increasing since the very beginning. The upcoming Ethereum 2.0 and the new things that are coming with the updated version of Ethereum may have significant effects on the crypto market. The locking period is one of the most important proofs of expectation from Ethereum. As it has been…

@idiosyncratic1

The prices of coins, but this time not the crypted ones 😄 Here is the latest chart shared by FRED over the price of coins made of different materials. The peak points 2018 when the bubbles meet the needles. For those who have a bit skeptical perspective over the reign of USD, this chart can still be interpreted as the upcoming increases in precious metals. If you are capable of storing precious metals at home or somewhere safely, then it may not be a bad idea to have some…

@idiosyncratic1

Can you imagine your NFTs mining for you on a De-Fi platform? Mobox.io did it with an amazing way of gamification. The De-Fi platform looks like Cubfinance or Pancakeswap but, contrarily, the platform is fueled with NFTs with incredible utilities. You can make your NFTs work for you to mine the native token or for other gamified elements that will generate more income as time passes. While surfing on P0x, I saw a post about it and I just wanted to check why do people talk…

@idiosyncratic1

Gambling and Gaming are two promising aspects of Crypto even though they are undervalued. I'm pretty sure that you have heard about Betfury as one of the most popular crypto gambling platforms. Recently, the token became tradable and the players could withdraw their BFG tokens (You get a daily dividend for holding) and they can swap in on Pancake without any problem. Although it is not an area for developers to create unique projects, gambling via crypto is quite attractive…

@idiosyncratic1

Tether FUD is rising again... I see some people talking about the worst-case scenarios over the results of Tether investigations. One of the most interesting, and I believe the most terrifying, one was that: Since Tether has been dominating the market with a limited amount of liquid USD, any FUD case may push individuals to withdraw their USD from the exchanges but the existing amount of USDT would never be enough for payments. Thus, a systematic problem is likely to be…

@idiosyncratic1

Elon loves everything but for real cryptocurrencies 😅 I think I do not react anymore when Elon manipulates the crypto ecosystem with brand new petcoin 😄 This time he showed that his affair for meme coins is not limited to Doge. While Doge has been losing its valuation for a while, it is no longer popular among meme coin lovers. The bear market is a good time to eliminate such speculative coins from our top list. Even though the mere narrative for these coins is about the…

@idiosyncratic1

700 million transactions on Binance Smart Chain... That's amazing! I regret not joining the hype of BSC, formerly Pancake hype, when I first realized the potential of gains. The success story of BSC is directly related to serving an immediate solution once it was totally needed. When people were complaining about Eth tx fees and the speed + tx fee issues, BSC came up with brilliant ways to enhance engagement. For me, BSC was one of the most hyped blockchains with every day…

@idiosyncratic1

Let me share my happiness with you, I started earning LBRY tokens per view on the Odysee platform 😎 I have been using LBRY for a couple of months and, I believe, it is a vital platform to upload the videos as Youtube may turn your videos invisible whenever you go against their wishes. LBRY has been going through some problems with the SEC over the issues of token distribution. Though the crypto ecosystem is under the hard manipulation of some parties, LBRY is not one of…

@idiosyncratic1

Binance is Banned in the UK. I was waiting for red or at least reddish days in the crypto market for today but, interestingly, the market does not reach this news. This reckless condition in the market can also be a positive sign for the decreasing strength of the down trend or at least the start of the consolidation period as there is fewer sellers at these prices. The fewer sellers in crypto can be the most bullish interpretation of this news. However, there are a couple…

@idiosyncratic1

Jay-Z and Jack Dorsey may come up with Non-fungible Music 😄 The integration of music and short videos into NFT form has been discussed a lot by many visionary people Yet, it is an issue that is quite complicated. Imagine you are selling music in NFT form but other people can download it or listen to it on Youtube or Spotify... At that point, we start discussing the copy rights, real utility of these NFTs and their valuation. I still own the perspective that NFTs are supposed…

@idiosyncratic1

What do you do with Coingecko Candies? For those who do not know, you get candy rewards on Coingecko for your visits every day. I bought a spaceship on the game Cometh that is operating on Polygon (MATIC). Earlier, I spent my candies for another game called Neon District and Coingecko NFTs. You can use both Coinmarketcap and Coingecko to track the data from cryptocurrencies. I can strongly advise you to check Coingecko for the candies and spend these candies to buy digital…