Zugacoin vs bitcoin. - page 3. | Bitcointalksearch.org

wxa7115

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Quote from: andyou1234 on December 05, 2023, 12:54:29 PM

Frankly I've never heard of zugacoin before, and I'm very surprised why the OP can compare this coin with BTC, is this just a joke, I think everyone already knows about the greatness of Bitcoin, and there is no coin here in crypto that can beat the popularity bitcoins,

I still remember when icos were still a popular form of investing, and one of the standard tactics for the developers of those projects at the time was to claim their coin was better than bitcoin, something that in a way made sense in a perverse way, as if those coins made no claims to be better than bitcoin then why do we need them?

However that trend eventually died down as no one believed such lies anymore, however with a new influx of newbies coming to the market, it is possible we could see those old slogans making a comeback and we may get countless of developers claiming that their coin is better than bitcoin during the next bull run.

andyou1234

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Frankly I've never heard of zugacoin before, and I'm very surprised why the OP can compare this coin with BTC, is this just a joke, I think everyone already knows about the greatness of Bitcoin, and there is no coin here in crypto that can beat the popularity bitcoins,

Mate2237

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Hearing it for the first time here and how possible a coin that was approaching $450k became $0.157 and for that coin to come up will not be easy again. There are many possibilities that would mase coin to drastically became recession and enter into the bottomless pit of the highest dip in cryptocurrency from $440k to below one dollar and that should be with the same range with dogecoin.

I will blame the founder too because probably he was not protecting the Blockchain of the coin and was not conscious about the coin so when Bitcoin came in they left there to invest in Bitcoin because there was no improvement again for years. I don't know just a guess idea because you asked for the possible reason of the coin down fall.

wheelz1200

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Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

I have come to the conclusion that no matter what happens, bitcoin still remain the father of Crypto currency. As at the year 2021 zugacoin was the most expensive coin in the history of Crypto currency, which worth beyond the price of bitcoin at about $285,677 clamouring for $450k then. I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency? But today I went to check if the price of zuga has met it target, but only to discover that it's just worth noting less than $1 at about $0.157 this made me believe that bitcoin still remain the Head.

So what do you guys think was the cause of suden dip of zugacoin?
https://www.google.com/url?q=https://coinmarketcap.com/currencies/zugacoin/&sa=U&ved=2ahUKEwi4yLKF5eWCAxXVWEEAHVMjAbsQFnoECAcQAg&usg=AOvVaw2n-vhuwGX1HVeNEDuyzyga

It's volume based. Meaning if no one was buying it someone could buy a fraction of a coin to represent an insane value. Like buying .0000001 zugacoin for $10. If no one else is buying then the price per coin will look insane. Unless there is true volume behind a coin never just merely looking at coin price as an indicator of its value.

AakZaki

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Quote from: bluebit25 on November 29, 2023, 02:58:06 AM

As you said, there will be nothing comparable to bitcoin in this market. And the comparison only lowers the product's reputation, it could also be the way they want to attract attention (mostly it's criticism, like you said ) .
I know about Zugacoin, but really, it's just sh*tcoin and absolutely anyone could create something similar at a higher price. But it seems this is not the highest priced crypto in $ that I remember. It seems that in the 2021 bull cycle, there have also been cryptos worth millions of dollars, and they also only have a total supply of 1 to 2

, rather meaningless.

It looks big but is actually so small that it is worthless and has no volume. it's just made to attract attention, making it look like it beats the price of Bitcoin but in fact it's just a bullshit coin. coins with a supply of 1 to 2 coins will just be trash coins. This was a trend several years ago with the emergence of many new coins with little supply.

Mpamaegbu

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Quote from: Kelward on December 04, 2023, 01:45:39 AM

Quote from: Mpamaegbu on November 28, 2023, 05:12:45 AM

~snipped~

Real sad that people will desecrate their religion just to deceive the people in same Faith, to buy into a scam project.

Talking about deceiving people of the same faith with one just to amass wealth, does the Bible not say something about wolves in sheep's clothing? Those who get deceived by priests want it so because they are promised heaven on earth by their wolfish priests. I don't have any sympathy to waste on people like that. They deserve being scammed. As Christians we shouldn't knock our brains out of skulls because we're in church. We should question things in church the same way we do secular stuff. But then, didn't Karl Marx like you rightly quoted, say it that people tend to be stupidly intoxicated where religion is? Let another priest come up with another Ponzi tagged crypto project and it will shock you how the same set of those scammed by Sam Zuga will queue up to invest in it.

Kelward

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Quote from: Mpamaegbu on November 28, 2023, 05:12:45 AM

Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

So what do you guys think was the cause of suden dip of zugacoin?

Anyone who tries to market a project to you and highlights or tells you the developers/creators/teams are christians or Muslims, know it's a scam waiting to happen.

BTW, it's abominable to compare Bitcoin with Zugacoin.

Real sad that people will desecrate their religion just to deceive the people in same Faith, to buy into a scam project. Karl Max, said that religion is the opium of the masses, and people will ignorantly believe anything sold in the name of their religion.

This means that Zugacoin, was designed to fail from the beginning, after the owner must have emersed wealth from unsuspecting victims, most of whom probably bought into the scam project because of religion. You can't compare this with bitcoin, being the first cryptocurrency, that was created to be decentralized and has proven it's worth over the years in the crypto space.

jacafbiz

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In a bull market anything could pump especially scam coin, so I am not surprised or anyone with half decent brain is not surprised that the price of these coins dumped hard, I just hope people have learnt their lesson because it is when the tide went out that you know those who are dancing naked.

MegameSama

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I've never even heard of zugacoin at all lol. but coins like that are widely spread in cmc, and usually the price is manipulated with the volume being manipulated too. The price reduction you mean is that this is actually its value all along. When all the manipulation is removed, you can see how valuable the coin is, and you can see it and have attached it above. Bitcoin is still Bitcoin, nothing can be compared with Bitcoin until now.

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Quote from: asriloni on December 02, 2023, 11:28:30 PM

People with common sense will know that if you were promoting shit scam token which was only being traded on the garbage pancake swap. There's no need to mention the shit scam coin to be compared with the most legit coin in the crypto market.
You are obviously a part of them. Zuga was a shit scam dead coin. Is there a sense thing to mention that scam token to be compared with bitcoin? Im very often seeing this kind of promotion being used by stupid bots owned or worked under the developer of scam coins.
None knew what zuga coin is .

https://coinmarketcap.com/currencies/zugacoin/

It's a complete dead coin. Are you a part of zuga coin team? Shocked

I was surprised when I saw the heading as Zugacoin Vs Bitcoin. As long as I know, there's no coin in the cryptocurrency industry that is worthy to stand head to head with BTC. It is always Bitcoin Vs Altcoins and not a single altcoin.
Meanwhile, I have heard about this Zugacoin once or twice in the past years, I least expected anyone to mention Zugacoin again in 2023.
If there's any lesson to derive from the said Zugacoin which fell from hundreds to decimals, it is that the legitimacy of a coin is not determined the the price. As price is easily manipulated.

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Quote from: asriloni on December 02, 2023, 11:28:30 PM

People with common sense will know that if you were promoting shit scam token which was only being traded on the garbage pancake swap. There's no need to mention the shit scam coin to be compared with the most legit coin in the crypto market.
You are obviously a part of them. Zuga was a shit scam dead coin. Is there a sense thing to mention that scam token to be compared with bitcoin? Im very often seeing this kind of promotion being used by stupid bots owned or worked under the developer of scam coins.
None knew what zuga coin is .

https://coinmarketcap.com/currencies/zugacoin/

It's a complete dead coin. Are you a part of zuga coin team? Shocked

You are really funny about your instinct aren't you? I am never a part of zugacoin project and has no understanding on how to create token and has not worked with any project before. Talking about zugacoin does not mean promoting zugacoin. I think from my write up it's clearly stated that bitcoin is the best so far, regarding the predicament that has happened to many altcoins. So don't quote me wrong because many topics about different altcoin has been popping here day ant night, but that doesn't mean they are a part of it. But just trying to understand something from it. Most of this thread created will still enlighten many people about different altcoin that challenged bitcoin and fall, so as for them to learn from the past and take bitcoin serious and never look down on it.

Makus

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This i s to prove that bitcoin is the best and will remain the best so long as crypto is concern except what ever has value more than it is not in the crypto network. Bitcoin will continue to rule as the king of cryptocurrency, just imaging the decrease in price, in less than 3 years the price is back yo where it came from. This is one of the reasons I don't trust altcoins, you can imaging the kind of loss its investors experience after thinking the price will continue to go up, and the next thing they see is continues fall in price until its price now is currently less than $1. The pain they passed through, some could even making a decision not to investing in bitcoin or other cryptocurrency. I'll stop hear by saying, those into altcoin holding please be carefull, there are lots of shitcoin out there just waiting for the right amount of market cap before to crash down like zugacoin did.

libert19

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I have never heard of Zugacoin but Similar case happened to me with YFI [1] token couple years ago, it's ath price is 90K USD which even BTC hasn't reached yet Tongue

[1] https://www.coingecko.com/en/coins/yearn-finance

asriloni

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People with common sense will know that if you were promoting shit scam token which was only being traded on the garbage pancake swap. There's no need to mention the shit scam coin to be compared with the most legit coin in the crypto market.
You are obviously a part of them. Zuga was a shit scam dead coin. Is there a sense thing to mention that scam token to be compared with bitcoin? Im very often seeing this kind of promotion being used by stupid bots owned or worked under the developer of scam coins.
None knew what zuga coin is .

https://coinmarketcap.com/currencies/zugacoin/

It's a complete dead coin. Are you a part of zuga coin team? Shocked

synchronym

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I have heard a lot about zugacoin but I have never traded on it myself. But an acquaintance of mine did but after trading zugacoin didn't do much good. I will always put Bitcoin ahead of any coin. If Bitcoin can be traded well with market validation then our success comes.

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Quote from: btc78 on December 02, 2023, 07:58:24 PM

Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency?

hype.

most altcoins are overly hyped so to attract investors which zugacoin did successfully but this coin failed to maintain its value it seems like what happened to zugacoin is inflation

this is why bitcoin is still the number one crypto in the world

for sure, the dev team behind that manipulated the market price back then. over hype without reason to exist, that was the main reason for them to get such price. lucky for those who sold at such ATH and very unfortunate for those who believed it will reach the promised price. there were several projects that really did claim back then to be more expensive than BTC but look at where they are now. lucky that this zugacoin has still value in the market, most have been long gone already.

wxa7115

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Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

I have come to the conclusion that no matter what happens, bitcoin still remain the father of Crypto currency. As at the year 2021 zugacoin was the most expensive coin in the history of Crypto currency, which worth beyond the price of bitcoin at about $285,677 clamouring for $450k then. I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency? But today I went to check if the price of zuga has met it target, but only to discover that it's just worth noting less than $1 at about $0.157 this made me believe that bitcoin still remain the Head.

This is just a gimmick, do not fall for it, several developers on the past have claimed that their coin has surpassed bitcoin by manipulating their coin to reach a price higher than what bitcoin had at the moment, however the volume of the coin was nowhere near the volume of bitcoin or its usefulness, hash rate or its adoption.

And as time passed the coin eventually lost some of its support, crashed and disappeared, so this is just another case of scammers trying to deceive investors, and investors failing completely at seeing the truth and learning how to protect themselves.

Samlucky O

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Quote from: TelolettOm on December 02, 2023, 06:52:12 PM

As you have said, that Bitcoin will always be the best crypto, it doesn't matter what happens and it doesn't matter how other altcoins can reach higher rates. Basically, there are several possibilities if the price of an altcoin is greater than Bitcoin, usually because there is a big hype and a game in it that makes the price of the altcoin soar high. But just pay attention, no matter how high it is, it definitely won't last long. Moreover, Zugacoin's price is very high, but look after it reached its peak, the coin price continued to fall. Likewise with the market cap. I personally don't know about this coin and am not interested in this type of coin. So, just be wary of this coin, and don't expect too much for this coin to rise like its ATH, that will be very difficult to do again.

That's for sure, there is no house that will stand without a solid foundation. Since the project is built on thin air, I think it will be blown down by the wind Grin

and nevertheless I have never think on investing on it. Stable coin like Luna has never recorverd from it's dip talk more of an altcoin that realy few people knows about it. I was just curious to check if the coin still maintain it stand.

btc78

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Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency?

hype.

most altcoins are overly hyped so to attract investors which zugacoin did successfully but this coin failed to maintain its value it seems like what happened to zugacoin is inflation

this is why bitcoin is still the number one crypto in the world

TelolettOm

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Quote from: Samlucky O on November 27, 2023, 10:54:58 PM

I have come to the conclusion that no matter what happens, bitcoin still remain the father of Crypto currency. As at the year 2021 zugacoin was the most expensive coin in the history of Crypto currency, which worth beyond the price of bitcoin at about $285,677 clamouring for $450k then. I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency? But today I went to check if the price of zuga has met it target, but only to discover that it's just worth noting less than $1 at about $0.157 this made me believe that bitcoin still remain the Head.

So what do you guys think was the cause of suden dip of zugacoin?

As you have said, that Bitcoin will always be the best crypto, it doesn't matter what happens and it doesn't matter how other altcoins can reach higher rates. Basically, there are several possibilities if the price of an altcoin is greater than Bitcoin, usually because there is a big hype and a game in it that makes the price of the altcoin soar high. But just pay attention, no matter how high it is, it definitely won't last long. Moreover, Zugacoin's price is very high, but look after it reached its peak, the coin price continued to fall. Likewise with the market cap. I personally don't know about this coin and am not interested in this type of coin. So, just be wary of this coin, and don't expect too much for this coin to rise like its ATH, that will be very difficult to do again.

Topic: Zugacoin vs bitcoin. - page 3. (Read 759 times)