Latest posts of: Estrath

Quote from: mokodisney on February 06, 2018, 07:57:30 PM

Very good insights here. The fact that its forcing people to invest properly with real money and not credit absolutely adds to the legitimacy of the market and will hopefully create more stability. My next concern is whether or not this is the beginning of more obstacles being put in place by the powers to be. (ie. banning transactions with specific businesses)

Thoughts?

This is not the government regulation. Banks just want to protect themselves. Probably they did it because after thousands of people saw the rapid growth of the bitcoin to 20k they began to spend all the credit money for the purchase of the cryptocurrency (with the money they cannot afford) and then the price dropped to 6-7k. As a result, a lot of people in debt, but banks more concerned that they cannot even return that credit money since many of these people do not have anything that can be taken away. Banks are not a charitable organization, so they decided to not let people spend credit money to buy crypto.
After all, nobody canceled the debit cards.

Maybe because there are different investment strategies? There are long-term investments and short-term ones. When you buy some shittycoin you make a short-term investment while waiting for this coin to bring multiple profits and then you get rid of it completely, because such a coin is still unlikely to last at a high level long enough. Instead, you are investing in serious coins with large capitalization for a long time without expecting of quick return in large amounts, simply because such coins are more stable (if such a term can be adequately applied to crypto ), and their prices are more difficult to manipulate because of high capitalization. So it's a kind of a more safe bet ( again, if such a term can be adequately applied to crypto).

Quote from: GrandWhish on February 04, 2018, 01:11:43 PM

Maybe a stupid question but I just want to know how the employees at binance get payed for their work. Do they get payed in crypto, in that case what and where does that crypto come from? If they get payed in fiat where does that fiat come from?

The answers above are not very accurate.
The exchanges have 2 main sources of income. The first is a commission for trading. And the second is the payment for the coin's listing. Small exchanges take a new coin just like that, even if it's not just a very trustworthy project. Larger exchanges examine the coin more thoroughly, sometimes can even ask for a symbolic amount for the listing. But such exchanges as Binance - with billions in trading volume, do not simply take a coin. It costs a very large sum of money and small projects. Today, placing a coin on Binance is worth $ 1.5 million.
I hope now you understand where resources come from?

The effect will be clearly negative, as there definitely will be a proposal to conclude an alliance/attempts of preliminary agreements about the mutual regulation of the crypto-currency market. Presumably, though prices will fall, there will not be any clear unified decisions on regulation of the cryptocurrency, so the market will recover quickly. Although the majority of the countries of G20 strongly oppose the cryptomarket development, some strong countries are more liberal to them, such as Japan. Therefore, I hope that world leaders will simply argue with each other and their grudges will be more important for them (as always) than the common coordinated decision.

Quote from: Hexah on February 04, 2018, 09:23:04 AM

Those who did 3 of 3 available retweets will not receive stakes?

ITT Most people advise buying either bitcoin or ether. ETH always seems more resistant to pressure. But in any case - to lurch from one extreme to another is a bit shortsighted. Even considering that this is a fairly small amount, why don't you just diversify it into several assets? It's the same elementary rules of financial management - don't put all your eggs in one basket.

Quote from: joypark333 on December 30, 2017, 01:26:24 AM

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?

If you are a person who easily succumbs to pressure, who sits and constantly presses F5 for a day - this is definitely not a good thing, you'll only exhaust your nervous system, no more. Especially stop looking at the portfolio in such periods as now - when all the coins are falling and the portfolio price is reduced by -50% and lower. The better solution in such cases - put orders for sale on as many X's as you want to get from this coin and go manage your business - eventually, the market will grow and you will get your money sooner or later.

WEEK #11 (01/28 - 02/03)

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Links to the retweets:
1- (01/28): https://twitter.com/AtfsLab/status/957502265966948352
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3- (01/30): https://www.facebook.com/alex.nik1993/posts/1992979964250257