I think futures trading is a form of gambling.
I've personally picked up on this understanding since delving deeper. They are nothing but gambling like binary options mechanisms, the difference is timing. If binary options use static timing, futures use dynamic timing depending on you set leverage. Or how did he lose all his dollars?
The more he chase losses, the more he lose. |
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The problem is, I think if they want to offer exchange they would need yet another license.
A simple analogy illustrates the scale of Poorbot's business: Do traders on the Currency Exchange board also need a license? This is not a millions dollar exchange, nor are you advised to exchange large amounts (in your PoV). There's actually no need for a government license, Stake can issue policies to limit this service for some things if they wish. |
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For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.
Only 2 options: suspend bitcoin acceptance or utilize centralized wallet internal transfers (for physical stores). I know a little about LN, but not the people around me and need to see the scale of the business. Moreover it is also not fee-efficient for small businesses or if bitcoin is just an alternative. |
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But why would the type of person who only uses regulated currency see any difference between regulated BTC and regulated fiat? You can see the difference between exchanging freely and not. Regulation isn't completely detrimental, it can also offer you protection. There would be no reason for them to substitute their fiat for BTC, right?
They occasionally have the desire to do so, only a handful because they have never experienced a technical fiat failure in an urgent situation (this really happened in several crisis countries). |
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For any token to get highly valued it needs to be circulating in the market heavily. Just having it locked up by millions of people and shortening its supply doesn't guarantee its value will rise
Circulating more without looking at potential demand and not increasing selectivity in recruiting casino partners will only lead to greater failure. I think because there are too many business expansions represented by this token, so when one of them stops it means a decline in utility value. I remember when it was first launched and I participated in their logo contest, I knew it as an internal loyalty gift to only freebitco users. |
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which seems like a lie.
They weren't lying I think, they clearly highlighted one sentence as the main reason for the delisting (even though it was actually disguised). Here's the gist of why: Decisions to delist or suspend trading of any digital asset may be due to various circumstances, including factors outside OKX’s control. https://www.okx.com/help/okx-token-delisting-hiding-guidelineThere is clearly no more entitled CEX controller than the authority. In conclusion, they're starting to be pressured into doing this. |
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Concerns from a user perspective? Not too. They're the contributors to this platform. The choice is easy, migrate to another place so that the new place slowly becomes a large market share.
We're talking about long-term prospects here, it is Binance who will have to worry if they remain stubborn and don't want to operate without clear legality.
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Do you guys have any thoughts on this... plague?
This isn't a plague, initially casinos didn't develop several sides independently. They mostly hire a team or buy templates on development sites, no professional developer is willing to risk time on speculative results. However they can take more risks on marketing to build the brand, the result as you have seen most, is that the offer is better than the reality. |
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I've never changed my password since joining, I thought it was strong enough and only in my brain, it's been 6 years. Plus I'm counting on recovering an account with a staked address, the security of my account depends on how I guard the privatekey. If you think I'm bad, don't do like me.
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The balance hasn't been swept and only has 2 imput txs from you, if it belongs to a centralized service wallet then it will be swept a moment later. It looks like you're sent it to a private wallet (yours, a friend's, or a decentralized service). Worst case scenario, you're sent it to a random address that no one generated yet.
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Tbh, this news looks rather positive but unfortunately Chinese keywords in the crypto category are no longer the most highlighted news in the main media as they used to be. I think the correlation between crypto and the Chinese government is over, since the latest ban policy is their ultimate rejection of the industry.
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1. Why would you swap one coin to another?
2. When do you decide to do it? Like what is the indicator that swap can be profitable?
3. Do you use CEX or DEX? Or some wallet?
- Because of profit and necessity.
- When it's profitable or necessary, just look at the price chart, network service fees, then calculate it with the value you entered. If you have a goal with a greater value later, then this calculation can be ignored.
- The meaning of "swap" has slowly shifted since defi became mainstream, that is, you do it onchain on a DEX.
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Don't trust them. They will sell their bitcoins in future.
Yeah they'll sell when the time comes, just hope they'll be in a bad mood to announce their sale in public. However, the sale wont be in one round considering the large liquidity requirement to cash it. Unless MS intends to buy real goods with it in the future, say a prospective city in the Middle East. |
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What pros covid has ?
Positive side: Wealth level shifting, that's it. Covid is a global economic reset, at this point people return to almost zero condition and have to look for alternative jobs, tactics or new businesses that really have to be successful in the midst of situations they're not used to facing before. This equality of conditions means that anyone has the opportunity to achieve a wealth level. |
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Pernah sy mendengar beberapa pendapat konspirasi kalo rohigya ini dan pelindungnya si organisasi UeNHaCR adalah gerakan propaganda ciptaan negara barat sana. Pendapat berbeda2, mulai dari bentuk serangan balik kejulidan netizen indonesia sampe rencana jangka panjang bahwa Indonesia dan beberapa negara muslim tetangga bakal bernasib seperti palestina yg dijajah pengungsi.
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and my country that permit for cryptocurrency transaction in my country,
That is the good side that many people in many countries hope for when doing business with a new model. At least if you are the first in your city to do this, it will be an attraction in itself. I don't know if mempool of bitcoin I have being hearing will still continue by next year 2024 because I sense that it's what will bridge people not to make a payment with bitcoin if i open by January 16th,
That's your first challenge, I don't think potential customers even tolerate today's crazy network fees unless you offer a discounted price for a certain purchase amount. |
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I'm planning on exchanging some btc for monero and/or litecoin so I can make online purchases with crypto for low network fee.
Do you want to exchange bitcoins onchain for altcoins? I hope you're not joking. First, you should stop comparing the "cheap fees" offered by centralized trading services, because it is impossible to find them with the current network conditions. A good place to go now is currency exchange board [1], it's completely 3rd party fee-free as long as you trust the person you want to deal with. This is purely based on the network fees. 1. https://bitcointalk.org/index.php?board=53.0 |
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anyone who participate
Anyone? It will only invite more seasonal members (alts) let's say active at the end of each year. This is also unnecessary waste, there is a lot of work that this forum must do with current funds, especially the EpochTalk project which hasn't yet been realized. And keep in mind that the forum has stopped renting out banner ad space, so the actual forum income has been cut a lot. |
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