Bitcoin Forum
June 14, 2024, 06:11:44 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 224 »
2121  Other / Beginners & Help / Re: Binance account help on: February 21, 2021, 02:38:38 AM
Trouble is we never received a single email notification from them and now I’m well past the deadline date.
It is your fault that you did not log in your account for many months. I did not know Binance sent notification email to their US customers weeks or months before the restriction but even I am not a US citizen, I knew that news from media.

You lost the 14 days to withdraw your funds
Binance Ramps Up Crackdown on US Users, Giving Them 14 Days to Withdraw Funds
Binance Gives US Users 14 Days to Leave Exchange

Do you search your email and sure that you did not miss that email from Binance?
Quote
Email notices sent to U.S. users give them 14 days to withdraw funds before Binance shutters their accounts for good.

“As we constantly perform periodic sweeps of our existing controls, we noted that you are trying to access Binance while having identified yourself as a U.S. person. Please note that as per our Terms of Use, we are unable to service U.S. persons. Please register for an account over at our partner, Binance US,” the notice reads.

Quote
Any, absolutely any help pointing us in the right direction would be so GREATLY appreciated.
I think you can only contact their support and hope.

They use past IP addresses or KYC information to lock account. When your account was locked, you can not use VPN to log in or unlock it.
Have you tried to login using VPN and not working?
2122  Other / Beginners & Help / Re: Common mistakes made when investing in crypto on: February 20, 2021, 09:45:06 AM
tl;dr.

The most common mistakes when investing in crypto is choose a coin, buy it, and store it on exchange account.

Not your keys, not your coins. Some investors did not check account or exchange for a while. When they log in account, the exchange was shut downs weeks or months previously. Or it can be hacked for a while sometime.

Newbies - Read before using exchanges or investing
For newbies when you are using new exchanges
Notyourkeys.org

Don't invest too much money or all money in altcoins. Bitcoin is the most profitable and strongest coin in crypto.

With bitcoin, learn and practice to use a non custodial wallet as Electrum.
Electrum wallet - Update safely and avoid phishing wallets?
2123  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance USDT TRC20 has been changed from 0 to 0.20 USDT on: February 20, 2021, 07:10:34 AM
All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
It can be a manipulation of Binance to force people use BUSD more but I think it is normal changes when one blockchain is used more, and higher transaction counts it has every day, transaction fee will rise. I don't know how the transaction fee on TRX network changes but with its adoption rise I have a thought that its transaction fee is increasing.

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
2124  Bitcoin / Bitcoin Discussion / Re: Bitcoin crossed Tencent's marketcap on: February 19, 2021, 02:37:25 PM
https://companiesmarketcap.com/

You can check the marketcap of many big tech companies and compare it with bitcoin marketcap from https://coinmarketcap.com/currencies/bitcoin/

I remembered a website that include bitcoin to their marketcap table but can not find a link.  Lips sealed

Find it: https://assetdash.com/
2125  Bitcoin / Bitcoin Discussion / Re: Bitcoin's fundamental flaw on: February 19, 2021, 01:54:23 AM
Bitcoin makes its new all time high many times in the latest months. Flaws, everything in the world has its intrinsic flaws.

If you are considering to invest in bitcoin, you must look at it in pros and cons. If you only look at flaws, you will never invest in bitcoin. For you long posts on bitcoin flaws, it is non sense with what you wrote. It is more non sense when you skip all pros of bitcoin.

Example
Quote
The mining difficulty doubling every four years
How do you get this conclusion?

Why do bitcoins have value? (Investopedia.com)
2126  Bitcoin / Bitcoin Discussion / Re: Bitcoin $1Trillion Market Cap questions on: February 18, 2021, 05:37:10 AM
Still thinking how did Apple doubled its marketcap in just 2 years  Shocked ?
Companies create more stocks to bonus their staffs, investors, etc. Price of stocks usually fall after a new flow of stocks are available on the market. With bitcoin, you won't see it as bitcoin has its fixed total supply. None of us can create more bitcoin than about 21 millions of bitcoin were set up to be created by satoshi nakamoto.

Bitcoin need to double its price to double its marketcap. It sounds like to be a harder task for bitcoin, than any stock or company but I see it is possible task. One more block halving, price will be double and marketcap will be more than double.
2127  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: February 17, 2021, 02:22:28 PM
It could be a matter if the binance network will growing up like ethereum, cause a lot of projects right now use binance chain, possible in the future fee will be same as now. one solution is by creating an own blockchain like other coin does.
Bitcoin transaction fee was high, people moved to Ethereum network. Months later, they move back to bitcoin network. Ethereum transaction fee was high, they moved to TRC20 chain for their transactions. Do you think they will move back to ERC20 network?

Do you think other small networks now will be small as of now forever? They will change, small to big, big to small, cheap to expensive, expensive to cheap.

I think they just add the Binance chain just like USDT uses TRC20, ERC2, Omni but I don't think the project will make such a move cause once the ETH2.0 phrase 1 is complete there won't an issue of the high transaction fees. I know the huge tx fee pain but we should also do it for the love of the project, if BTC also has a high fee and we still use it why don't we use ETH either.
DeFi projects will be killed by the market and the time. Transaction fee on ERC 20 chain will be pulled back without the ETH 2.0. So with ETH 2.0 is coming, fee will become cheaper I believe so.
2128  Alternate cryptocurrencies / Altcoin Discussion / Re: Feb 22 & XRP, what do you think will happen? on: February 16, 2021, 08:36:10 AM
There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.
With the drama on SEC, Ripple, lawsuit, suspension, delisting news in past 2 months, I strongly believe that it will be a time for something good. I do neither think they will come to any big agreement and in the future, more drama will be out. Nevertheless, if the market manipulation works as the way it usually is, after bad news, we will see, hear, read good news. Price dumps are to prepare for price pumps.

Bitcoin, Ethereum are two biggest crypto and they were dumped a lot with news before the prepared time for their growth to all time high. All time high for Ripple after the meeting, is it realistic hope?
2129  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum vs gold on: February 16, 2021, 08:30:34 AM
Bad comparison. If you compare, please compare a cryptocurreny to another cryptocurrency as Bitcoin to Ethereum, Ethereum to Ethereum Classic.
If you compare gold, please compare it to silver, diamond, etc.

Ethereum is the second biggest cryptocurrency and has a bone blockchain for ERC-20 projects. Consequently, I am not surprised if Ethereum has a few fold of bigger price than Gold price. The human civilization is in a new era of digital, crypto currencies and precious metals as gold will gradually lose their position in investors' favourite tastes.

With cryptocurrency, you can bring them to anywhere in the world. You can control them in your wallet. They are light, easy to use, convenient and portable.
2130  Economy / Trading Discussion / Re: Newbie traders - Learn from my mistakes on: February 15, 2021, 10:56:06 AM
As a newbie, you would prioritize your capital for investment, not for trading.

- Use 80% of your capital for investment
- Use 20% or even only 10% of your capital for trading.
- Don't try to use leverage trading if you are not in the market more than 1 year.

80% of your investment in bull market will bring money to you, and in bad practice and if you lose your 10% or 20% for trading, you can use some of profit from investment to practice your trading again.

Always try to not use more than 20% of your capital for trading.
2131  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Build an Altcoin Portfolio successfully? on: February 15, 2021, 10:52:43 AM
Starting with 5 coins for your portfolio is a good idea. I am strong believer in diversification. So for my portfolio I have around 60% in bitcoins and the rest is spread out across multiple alt coins. In the beginning I had some money to invest so I bought all the coins at once. In my opinion it's best to just hold for a longer period of time if you don't have the time to constantly be up to date.
Capital flow in the market has to been changed from one to another and repeats over time. Diversification in a bull market can help you to enjoy as much parties as possible and increase the total times of your capital investment - take profit - reinvestment. It is applicable in bull market but in bear market it does not work.

If you don't diversify your portfolio in bull market, you will lose your patience if the coin you are holding does not increase after few weeks, few months. You shake them out and believe me, not too late after that it will rise too much.
2132  Bitcoin / Bitcoin Discussion / Re: DOT'S testnet coin ---KSM is now more than 100USD ,testnet3 of bitcoin no value on: February 14, 2021, 03:44:08 PM
I think testnet3 is more valuable
Testnet coin is used for testing purposes as it should be. You wrote testnet3 and you would know that there are 3 generations of bitcoin testnet. If bitcoin testnet 3 generation has value, bitcoin developers will create bitcoin testnet 4 to force the bitcoin testnet3 to fall back to zero value.

It is a fraud if you are invited to trade bitcoin testnet with real value.

I know bitcoiners have to spend money for bitcoin mining rigs to mine bitcoin testnet, but official trade it is fraud attempts.
2133  Economy / Exchanges / Re: ByBit - Phemex - LevTrading on: February 13, 2021, 10:14:48 AM
I however have noticed some youtubers showing  their trades they have running for months , like im talking 3- to 7 months im not kidding.
Please ignore youtubers.

Quote
So i dont really get it, unless maybe there is a general rule as not to use a certain level of Leverage?

So maybe minimum is 3x ?  and like u say not more than 2 weeks maybe ?

Sometimes though if they say its really a long term trade , and we have to wait on market movements, then would 3-4 weeks be considered fine?
If you want to do some trades for a long time, more than 2 weeks, please do it with spot trading. I rather leave my leverage trade position over 24 hours. Profit or loss or draw, I exit my position. I do try to make a draw or small loss when I exit but the point to do this is control risks. You can see that indicators change by time and undoubtedly that they are manipulated. The longer you leave your position opens, the longer indicators have time to change. Your risks consequently will become bigger.

You do have some positions give you big profit but some of them will give you huge losses.

Leverage, I don't use more than 5x and I mostly use 2x
2134  Bitcoin / Bitcoin Discussion / Re: If BTC were to permanently freeze at one price , would you buy ? on: February 13, 2021, 06:59:39 AM
So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?

I don't think BTC was intended as the speculation tool it has turned into .

Who on here regularly makes purchases using BTC ? 
Your question and assumption are not appropriate. Who will be able to freeze bitcoin price, today, tomorrow, next year, next decade?

Bitcoin network is decentralized and if mining farms will be shut down by governments, bitcoin will still be mined by retail miners, at homes and anywhere else. Bitcoin difficulty will be adjusted each 2016 blocks and if huge mining fars are off, its difficulty will be slowly fallen. Some days, you will be able to mine with GPU again.

But it is unrealistic, as I do neither believe any entity can shut down bitcoin network nor freeze bitcoin price.
2135  Economy / Exchanges / Re: ByBit - Phemex - LevTrading on: February 13, 2021, 06:46:09 AM
Hello, I would like to know if there is a bad side to a long term trade say 1-2-3 weeks or 1-2 months - meaning , paying for the fees to have it running? versus the gains u make?
I notice there are long term traders but i am curious as to how they manage this or be mindful of it.
Is it really an issue?
Many issues you might (or not) have with long term leverage trade positions
- You will be charged a lot of fee, funding rate.
- Your leveraged positions will be affected by market changes that can be minor or major. You will be lucky and safe if the market won't change much in the opposite direction against your position. In contrast, your position will be liquidated.
- The longer time you leave your position opens, the harder you can not control it.
- Leave your leverage position opens for more than 2 weeks is very terrible and I don't imagine how terrible it is with 1 or 2 months.
2136  Alternate cryptocurrencies / Tokens (Altcoins) / Re: NMX Nominex token on: February 10, 2021, 01:01:02 PM
You can simply use Nominex tokens to reduce trade commissions from 50% to 70%, it is good way of usage as for me Wink
If the NMX token is used only to get fee reduction, it will not be used too much. The token need to be tradeable on Nominex exchange and others, centralized and decentralized exchanges like Uniswap.

Holding a token that can not be traded anywhere is not interesting but it is currenty usecase of NMX token. Future can change its usecases with more activities from the team: listing on other exchange, and partnerships.
2137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Avalanche (AVAX) is better than Ethereum. The superior DeFi power rocket! on: February 10, 2021, 12:56:08 PM
Maybe we can say that avalanche blockchain is better in ethereum blockchain in terms of there transaction speed and fee and its more convenient than eth. That is why ethereum developer must fix every issues and problem that many crypto enthusiasts are having right now or else a good number of them will shift and patronize avalanche blockchain.
Developers of new projects always say their projects are better than old projects and can bring innovations to blockchain technology and society. Same goes for Avalanche. I don't judge this project is a bad one but has anyone thought that there are more projects that have low total supplies and why?

What are purposes of low total supplies? Simply use this to attract investors and get hype with price in early days. What will happen in later days? Values of projects and prices are not decided by total supplies.

I think avax could have a great future, they have now built the bridge as well, which means anything on ethereum blockchain could be wrapped and move to avax, that way you could move a lot more freely there and you could potentially get cheaper, faster and better transactions there as well.
It is one of the best new projects but I doubt about long run success with new projects are born in bull market. Let the time tells us.
2138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Avalanche (AVAX) is better than Ethereum. The superior DeFi power rocket! on: February 09, 2021, 02:18:19 AM
yes, I tried to deposit some AVAX in binance, it didn't take long, you can say that in terms of speed this coin is fast enough for transactions, and in terms of price it also seems that this coin has great potential in the future. in just 2 months, from the very beginning when this coin was listed on the exchange $ 2.80 and now it has reached $ 29. quite impressive to me
With crypto transactions, you have to care of safety, transaction fee and speed. Safety would be the first if you are moving a big capital or just big portion of your capital. You can choose many altcoins with cheap fee and fast speed for transactions, but their total hashrates are low and your transactions can get troubles with exchanges if you move them in the times of replay attacks.

I can't say otherwise, Avalanche and Polkadot have been the best projects for me since 2020, no project comes closer like this two but don't you think it's too much to compare Avalanche to Ethereum? I mean Ethereum is a old altcoin and Avalanche isn't, meaning avalanche have a long way to go, using speed in transaction isn't going to make any difference because we already have too many altcoins that are fast as a lightening
Polkadot is better than Avalanche but they are too young and with bull market, you will see more potential projects. Not all of them will be able to show up their potentiality with the bear market. Go ahead but just beware of risks from young projects.
2139  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ethereum lose importance? Avalanche launches Avalanche – Ethereum Bridge on: February 09, 2021, 02:06:14 AM
It will become popular in the future and it's not for now and why?

This is the reason

https://twitter.com/cz_binance/status/1358682856344543232

I know that avax is a good chain but binance has been starting to take over the domination that already made by ethereum. It shows the similar chart to the ethereum.
CZ and Binance are smart and they've never stop building their ecosystem bigger and bigger. They are quicker and and go ahead other exchanges and those strategies help them to have a solid leading position in crypto.

People can say Binance mimick the Ethereum but who cares when code is open sourced. With the cheap fees Binance provide for users if they use BSC for transactions, the chain will grow more and the fractal is interesting.

I don't think Ethereum will lose its position to Avalanche or BSC as ETH has a huge ecosystem behind and other projects have a far distance to reach ETH. Price of AVAX or BSC can be higher than ETH but their ecosystems will not reach to the level of ETH's.
2140  Bitcoin / Bitcoin Discussion / Re: Tesla buys $1.5 billion in Bitcoin on: February 08, 2021, 01:18:41 PM
Tesla invested 1.5 Billion USD into Bitcoin and plans to include Bitcoin as a payment method.
Definitely the reason for prices soaring right now.

Bloomberg report:
https://www.bloomberg.com/news/articles/2021-02-08/tesla-invests-1-5-billion-in-bitcoin-plans-to-accept-cryptocurrency
Press release. Finally Elon Musk and Tesla publicly or undirectly announced they invested in bitcoin and maybe in crypto. Bitcoin is rising again by another celebrity. It is a year of news, pumps and dumps, social media are used as much as possible by whales.

So maybe Elon was already buying btc and doge even before the time that he was tweeting about crypto. And now, we are hearing that they just invested in bitcoin. I believe he also has a bunch of doge in his crypto portfolio and other important alts. Really great news to the crypto community, big boost in bitcoin price, finally surpassing the 41k mark.
Elon Musk likely bought crypto more than 1 year ago, up to 2 year when he began to make funny tweets with Dogecoin. Elon and Tesla give bitcoin a reason to claim its new all time high $43000
Pages: « 1 ... 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 [107] 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 ... 224 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!