Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.
LONG LIVE BITCOIN! TO THE MOON!
Its not panic buy ... yet. Fear/greed index at 65 now showing "greed", changed from "neutral" yesterday. There was not even a single day of "extreme greed" yet. We had "extreme fear" for 2 months straight. Its not panic buy. Its technical buy after breaking downtrend line and 42k resistance after retesting and hitting new middle term high, broke 200D SMA. Perfect buy from technical point of view ... its not panic buy its technical buy. Perfect sell from technical point of view was at 57-52k. So those who are "panic buying" in your opinion .. in my opinion just made 15-30% from selling after breaking uptrend line (before storm) and buying back right now after breaking downtrend line (after storm). We'll be talking about panic buying above 100k$. But first of all ... we need to hit new ATH which might be hard and take some time because old ATH was made as 3 month consolidation. Huge amount of volume was made at ATH. |
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of Ethereum to go up as it burns $370k+ worth of Ethereum per hour. Yes, that's per hour that's being burned!
Sounds a lot but when you put that into good perspective it does not look that lucrative any more. 370k per hour = $ 8.8 million per day = $ 3.2 Billion per year = 0.9% of supply. Thats not that much. Binance, for instance, burns 0.6-2% each quarter (~5% annually). ETH inflation = 18M / 117M = 15.3%! So this burn lower ETH inflation from 15.3% to 14.4% its still super high. For comparition last BTC halving lowered BTC inflation from 3.8% to 1.9% |
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Congratulations, you've identified the main problem with a deflationary currency- it disincentivizes economic activity. That's why inflation is built in to our economic system and monetary policy. It's a feature, not a bug.
Feature that robs people that save money. Great feature ... pickpocket guy in crowded subway is also a "feature"? I couldn't put the full title in the subject line due to character restrictions, but here is the full question:
If bitcoin was fully adopted into everyday life, why would it ever be used for day-to-day transactions if the general consensus was that the price would always appreciate?
After reading several posts on this forum many people seem to think that Bitcoin will always go up. If this were to be the case, why would people spend Bitcoin at all? In this theoretical time, wouldn't it just be a poor financial decision to do?
Or is it thought that in this future where there is widespread adoption the price would stop being so volatile and for the most part stabilize?
"wouldn't it just be a poor financial decision to do?" Eating is not a financial decision. Eating is a physiological need that must be satisfied. Same as owning a car, or a place to sleep. You spend money when you need goods. With deflationary currency you focus on saving and spending when you actually need something. I own BTC since 2017. Using it when it was 6k$, 10k$, 20k$, 40k$, 60k$. I don't care that price went up and I could buy 2 times more at ath. I needed stuff i bought using BTC when I bough them, not now, not after 10 years because people can't survive 10 years without food. It was not financial decision. Its financial decision when you have 1% in BTC 99% in fiats - you spend fiats. If you have 99% in BTC and 1% in fiats ... you spend BTC when you need goods. |
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Your post is like: "cryptokitties - beginning of bull run Axie Infinity - we will see" N- number of pattern repetitions N=0 because it did not repeat yet even once. With N=0 this pattern has 0 value. Its better to trade based on the moon phases than on N=0 pattern. |
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This just begs the question that while Vitalik and co. always knew that what they were promising (smart contracts) is only possible in a centralized system like this, why'd they galvanize the community with the promise of decentralization. Like, all of this community was shown a vision of a decentralized, permissionless compute-on-the-blockchain system.
Why POS makes the system centralized in your opinion? Because rich people will own majority of "shares/ stock/ equity" = voting power? Isn't it even worse with POW, where rich people with resources can set mining farm in most profitable location all around the globe, negotiate lower hardware prices, negotiate lower energy price = can mine cheaper than others with less money? With POS you need 32 ETH and you can mine as efficient as a hodler with 100k ETH (profit from 1 ETH will be constant). |
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Keep an eye on this.  ETH can play Head and Shoulder and the expected date is 22nd August, 2021.Head and Shoulder is not a pattern that you predict based on left shoulder and head and try to trade on that. Its a pattern that you see and trade after breaking neck line with significant volume. Your prediction is nothing more than reading from coffee grounds or from a crystal ball. Edit: Just checked chart and realize that your post is 1 day old ... And I see it already not aged well. |
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Cardano is one of the world's most innovative smart contract platforms with a tried-and-tested blockchain network backed by prominent developers and academics. The Ourboros PoS consensus algorithm is bound to make Cardano cost-efficient without sacrificing security/reliability. Considering that the project's team are adding new features at a slow and steady pace, Cardano would make an excellent alternative to Ethereum.
Cardano is not "one of the world's most innovative smart contract platforms" because there is no working product yet. Just promise. I'm in crypto space since 2017 and since 2017 cardano is soon to launch something XD Still nothing. Cardano should change name to Soondano. I even created a topic in which I state that cardano will never launch final product because: "Crypto - place where promise is worth more than product"At the of this writing, ADA sits at around $1.35 per coin. If we compare Cardano vs other leading blockchain networks, we'd say that the cryptocurrency is quite undervalued. Both ETH and BNB are sitting well above the "triple digits", so I can't see why ADA won't do the same. Set yourself forward 10 years from now, and ADA could probably go all the way to $100 per coin.
You should not compare price of tokens in a way you did it here. There is a huge difference between them in circulating supply. Ada is only 25% cheaper than BNB (59B marketcap vs 47B marketcap) ... not 200 times looking at price only. ADA at 100$ would have marketcap 4 times bigger than BTC. $47 billion - that how much is worth promise without working product... ADA is the most overpriced startup whole world have ever seen. $47 billion for project that not even a single person is using. |
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Who cares about XRP despite those that was forced to hold after 80% dump during pump and dump events that this coins is known from?
Price prediction? This coin is unchartable. pumps like crazy for a week and than dump for 2 years. And so on and so on. Every price target is possible.
BTW: How about SEC vs XRP fight? already confirmed that main reason of the xrp existing was dumping all coins on investors and front running events to manipulate market?
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Poloniex ma $10k limit, wystarczy podać samego maila. Złagodzili KYC jak im za dużo klientów odpłynęło.
Ale tu mowa o wypłatach krypto o wartości do 10k$ tak? czy wypłatach 10k$ fiatów? Widzisz binance dąży do bycia bramką pomiędzy fiatami a krypto, czyli jedyne, w czym CEXy będą potrzebne. Wymiany krypto/krypto zdominują pewnie dexy, przynajmniej wśród klientów indywidualnych. A jak się chce wpiąć w istniejący system finansowy to trzeba wszystkie tyłki dokładnie wylizać. |
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Very well said @Tytanowy Janusz, institutional investment also is a sign of confidence, this big company would not just invest without evaluating the future of bitcoin and crypto as a whole, so with that confidence, the crypto market will be attractive to potential investors and more money will be flowing in.
Imagine, if they keep investing and hold it, the supply will reduce, hence the price will rise, that's the simple effect of institutional investment.
And 5% of wallet of huge investment found is like an anchor for price for both directions which helps adoption (no volatility FUD). If price doubles this 5% change to 10% and and found is selling because its target is to have 5% invested in BTC. When price dumps this 5% drops to 3% and they buy to reach 5% target. So price stabilize a lot after huge players comes in. Price stabilization with big volumes = more pro market makers = even more stable price. |
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"Fidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.9 trillion in assets under management" https://en.wikipedia.org/wiki/Fidelity_Investments4.9 trillion $. https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdfPaper made by Fidelity that suggest that every well-balanced/diversified portfolio should have at least 5% invested in BTC. If they will apply this to their 4.9 trillion$ wallet ... its 245 billion $ invested in BTC. That's more than 50 times more than mistrostrategy.Thats 30% of btc supply! Maybe 50% of existing, not lost supply. Thats the amount of money we are talking about. Fidelity needs to buy 50% of BTC supply just to "diversify their porfolio" and thats just 1 big institutional investor. There are many others. And when you have 4.9 trillion $ in assets ... you have long tentacles in the governments of many countries to help push addition and proper regulations. |
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Beefy finance is really doing well right now in coinmarketcap mate +7% so perhaps it's a good choice..
1 green daily candle ... " so perhaps it's a good choice..". Man you really make financial decisions based on 1 day green candle? You are high rank bitcointalk member. People make financial decisions based on research on this forum and you suggest investing in project evaluated at 68 mln $ that bearly no one is using based on +7% daily candle. 200 users yesterday. And this information is not hard to find. Especially for you (3 post above yours) |
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ale podobno te nft's są warte do 100$, które dostajesz za każdy tydzień  a jeśli tak jest i je sprzedajesz z sukcesem, to jest to bardzo atrakcyjna kampania...  nie doczytałem. Masz rację. Z tym, że wątpię, by ktokolwiek w kampani był kolekcjonerem NFT, a podaż 25 nft tygodniowo to wystarczająco by nasycić nie tylko rynek Arcona.Space ale chyba nawet cały rynek NFT  może za 10$ ktoś to będzie brał. |
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Do you think that any platform offers a short for such kinds of coins? Especially when they collapse. Exchanges are not interested in your profit, so when something is wrong, they shut all opportunities to earn on it.
In terms of hacking, it is not easy to take control under 51% of the system, so it must be a serious hacker who managed to do that. We had better stay away from this project
Wrong. Exchanges earn on your fees not by speculating on extremely risky instruments. Short on bsv seams like a 100% win trade but its illiquid asset with centralized supply, highly manipulated with massive pumps that will most likely liquidate you sooner than you will take profit. Big exchanges that support shorting BSV using derivates: FTX, Huobi, Gate.io, kucoin, Poloniex, OKEx |
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No właśnie, bo to łebski menadżer, sami sobie i nam dołki kopią, obniżając ciągle stawki
koniec przepraszam za lekkie nagięcie regulaminu wątku
Ile do zarobienia: senior member: $10/tyg. w BTC + 1 Arcona nft - hero member: $15/tyg. w BTC + 1 Arcona nft - legendary: $20/tyg. w BTC + 1 Arcona nft
Jakie rangi: 5x senior, 10x hero & 15x legendary
Dodatkowe informacje: min. 20 postów/tyg, działy lokalne liczą się
20$ dla legendary XD Jako full-member dostawałem więcej Widać, że ta forma marketingu upada i jest coraz niżej ceniona. Trend jest jeden i leci ostro w dół. Może w końcu skończy się spam i multikonta. edit: kampania mimo śmiesznie niskich stawek dość szybko się wypełnia. Po co płacić więcej? |
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There is no "indicator Measures of how much stop lose orders did hit" but there are metrics about liquidations (closed overleveraged positions). https://www.theblockcrypto.com/data/crypto-markets/futures/btc-liquidations• Firstly, you cannot find out who liquidated funds from on chain analysis, you can only know a certain amount of Bitcoins moved from wallet A to wallet B (simply). Knowledge of how to determine exchange wallets could tell who withdrew their bitcoins from an exchange or who sent them there, but does not show who sold.
Even if you knew who sold you would not know what type of order it was (api sell/ normal limit sell/ stop loss) and OP is asking about stop loss orders only. Also on chain metrics are overhyped since majority of volume comes from futures which does not touch BTC at all, is not visible on-chain. |
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Pity😪
Miners ain't tryna be nice
At least they should have maintained thier fidelity
Its pays to be good ..
Some rigid security team should be set
Are these Miners some kinda Tyrant or what?
"it pays to be good" - in terms of 51% attack - only if you have something to lose. When you attack BSV its free money. To mine BTC you need same equipement. BTC hashrate is 200-500 times bigger than BSV. Means that 0.2% of bitcoin hashrate (one big farm) can jump to BSV for 3 hours double spend as much as they want and come back to mine BTC. Perhaps a good time to short BSV? Or even better, wonder what could have caused this... Either way, it's something to be aware of for the future of BSV and other alts.
 No one cares. -4% is nothing for such bad news. BTC dumped 2.5% that day. BSV is dead and everyone knows that. |
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"Cardano (ADA), The Public Chain for Smart Contract will be Launched Soon" Cardano should have rebranding and should change name to Soondano. I'm in crypto space since 2017 and since 2017 cardano is soon to launch something XD And after 4 years still no one use cardano because there is no working product. I even created a topic in which I state that cardano will never launch final product because: "Crypto - place where promise is worth more than product"Even if they will launch their product it will end up with 90% dump ... when overpumped expectation will meet final product. Just like CDR (CD project) stock price after Cyberpunk 2077 launch and dump from 450 to 150. |
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Beefy does not look bad. Relatively small marketcap (top 380) but... from the other hand 68 mln $ evaluation for project that has 190 daily transactions? 180 daily users? No one is using this. https://dappradar.com/binance-smart-chain/defi/beefy-financeI would not invest in it. Limited supply is not everything. And most important. Can i trust to beefy.finance dapp to lock my funds?
Audited by Cetrik. Listed on binance. So far none of coins listed by binance ended as exit scam + cetrik audit = I guess they wont scam you. |
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But what about interest? The 10k you have deposited in 2000 would have not stayed still, right onw deposits rates are indeed under 1% but they were not like that 20 years ago. So to have the perfect picture you would have to count that too, who knows, you might have ended a billionaire! We have negative real interest rates starting from 2008.  https://www.longtermtrends.net/real-interest-rate/Currently real interest rates are negative 5.32%. "The real interest rate is calculated as the difference between the nominal interest rate and the inflation rate.". Last time it was that bad in 1980, but it was just 1.5 year spike not ATL of 30 year trend (13 years mostly under 0%) which makes me estimate that it will scale even worse for next 20 years. Especially with 20% M2 supply pump in 7 months. |
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