Nominex token (or NMX) is a cryptocurrency (token) that was created by Nominex. NMX is issued as an ERC-20 token. NMX has multiple use cases, but within the Nominex Exchange ecosystem, it is used as a utility token that allows users to receive discounts when paying for their trading fees. https://nominex.co/wait, does thi nmx tokens tradeable on nominex exchange or not because i don't see nmx tokens in this list https://coinmarketcap.com/exchanges/nominexthen,what is other benefits by holding nmx tokens beside to reduce the trading fees ? thanks will be bargaining soon As a young exchange, Nominex has a good volume as data from coinmarketcap: https://coinmarketcap.com/exchanges/nominex/Will the NMX token be traded only on Nominex (soon) or be listed on other exchanges? How about the plan for privacy coins as DASH, Monero, ZCash, etc. Big exchanges announced and are planing to delist those privacy coins on their exchanges. They will delist those coins if no sudden change in policy. |
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The idea to create any hedge is backed by bitcoin is stupid if you look at the statement "Not your keys, not your coins" and there you go with the newborn website to support that statement: Notyourkeys.orgI don't know how the others think of it but for me, I never put my trust on the others to hold the key of my bitcoin. I want to be my own bank. It makes more sense if knowing that the whole process to download, verify, and install a non-custodial wallet, then create and back up a wallet is not difficult. It can be done in a few minutes. Trust on hedge is like as you trust exchanges and leave your bitcoin on exchanges: Newbies - Read before using exchanges or investing |
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Finish KYC on Coinbase and go ahead, it is very easy. Don't want to do KYC, let's use P2P marketplaces, DEX like there Help: A list of LocalBitcoin alternatives (P2P marketplaces) and https://bisq.network/There are many bitcoin is changed hands on the market every day and it is not difficult to buy bitcoin. The US. is a nation more friendly for bitcoiners than other nations that bitcoin exchanges are even not supported or protected by laws, police and governments. |
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USDT rate to fiat fluctuates around $1. It does not stay at $1 for 1 USDT all time but the changes are small. In some scarce situations, USDT rates have big changes enough to trade with rises or falls of bitcoin. The higher or deeper the rises or falls of bitcoin, the bigger changes in rates of USDT when demands on it suddenly increases. However I think there is no bull run for USDT. No. In addition, risks of problems with lawsuits, SEC, etc are big for USDT. You are not safe with USDT you have in your wallet. PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets |
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I've heard about Gold-backed tokens like Paxos Gold and Digix which aim to bring the benefits of Gold to the Blockchain. To my knowledge, there isn't a Silver-backed token that would serve the same purpose as its gold counterparts. I sometimes wonder why this is the case, since Silver is the second-most-popular precious metal in the world. Having a silver-backed token by a reputable entity/company will bring investors' confidence into Blockchain technology. We need more tokenization of real world assets if we want crypto/Blockchain adoption to rise all the way to the moon. If you happen to know of any silver-backed tokens on the Blockchain, please let me know. In my opinion, it's much safer to invest in a token than storing physical bullion at home. As long as the company/entity complies with government regulations, there should be nothing to worry about. Any recommendations, or suggestions will be greatly appreciated. Thanks in advance.  I don't know any silver-backed token on the blockchain. Gold-backed token has another one, the one I am wearing with signature and avatar. ANN thread: https://bitcointalk.org/index.php?topic=5161544Website: https://gold.storage/Marketplace: https://gold.storage/en/market (you can buy GOLD token with BTC or ETH or convert GOLD tokens to BTC or ETH). GOLD token is recently added to Uniswap: https://info.uniswap.org/token/0x0d16450d347c12c086d6c94c76c5aaac35ea07e0Their gold tokens are backed by real physical gold that are stored in Vault of Bullion Stars. Check their Audit contract: https://gold.storage/en/auditsI raised the idea for other precious metal as silver to the gold team, and they said it is possible but for their project, the problem is the company they make a contract to store their physical gold in vault does not provide a service for silver. In theory, we can create several separate stablecoins like silver, platinum, aluminum, zinc, copper, etc. All of these coins can be managed by Digital Gold. However, it will be a different business model. Now we tokenizing the most famous metal asset. We understand that the gold price will continue to grow against the US dollar. But we do not if silver or aluminum continues to rise against the US dollar. Maybe they will rise but as we are professionals we do not know for sure. It will be more difficult to convince an ordinary investor that tokenized aluminum is more interesting than a tokenized US dollar or gold. Moreover, we have another problem. The GOLD token is 100% backed by physical gold held in Singapore in the special vault. But we cannot store zinc or aluminum there. If we go deeper into that question, we find a lot of other nuances. Therefore, now we are not interested in other commodity assets tokenization. We’ll see what will happen in the next years. If banks and institutional investors massively come to crypto markets, it will be possible to create such assets. The banks can use such tokens for hedging, loans, and other financial operations. Regards, Support Team @ Digital Gold https://gold.storage |
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I bought my bitcoin after the crash in March. I did not buy at the bottom of the crash and only bought one day later at $5300. I sold my bitcoin when it rose to $9100. Bought it back at $10200, and took profit again at $12000. Bought back at $10400 and took profit one more round at $12200 again.
When bitcoin broke the cap, I bought it back at $12500 and took profit at $19000. Bought back again at $16500 and sold all $23800. Bought back with risky taste at $24000 and took profit at $33000. Bought it back for the last round at $28500 and took profit last time at $33000.
A recap, I took profit with all my bitcoin I had. I am waiting and don't have plan to buy it back.
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Will January of 2021 be the beginning of a bull run for Gold? Check it out with that tweet: https://twitter.com/CryptoShine/status/1347393470999105539As a rule of capital flow, after the hype on bitcoin cools down, capital will find other targets (assets) to switch to. And believe me, gold and silver will be one of the most favorite assets beyond the crypto market (with alternative cryptocurrency). It will be a time for gold, soon in this new year. Don't let the current stagnant price of gold depresses your feeling and causes bad decisions. |
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Custodial, centralized exchanges have many data on your identities: from documents you use to submit KYC, your IP addresses, geographical location, device informations (model, screen resolution), deposit or withdrawal details and many other things.
Therefore if they want to give a due diligent supports, they can manage to help o re-verify your account without the phone number. No one knows what they want from you and what they intend to play with their cards. They sure try to prevent compromise on their customer accounts and you need to provide enough evidence for ownership.
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This is a good tip. Just think about how much money is lying there on old exchange accounts. I'm also wondering if there is any statistic regarding the permanent loss of bitcoin wallets. Chainanalysis showed some time ago that there are over 4 million Bitcoins lost. Try looking on old casino accounts as well, you might have some change from free rolls or old deposits there.
This chart is stopped in March 2020 and I don't know why it was stopped to update. In March 2020, the chart shows 21.65% of bitcoin UTXO was inactive >5 years. If it was not changed from March 2020 to Jan 2021, it can be an evidence of loss on those bitcoin. The 21.65% of current circulating supply is about 4 million of bitcoin and I guess it is the figure you are talking about. If those UTXOs won't be spent in the next one or two years, it will be a more solid evidence of lost bitcoin. https://hodlwave.com/# |
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Dude, imagine you are in OP's shoes, when IOTA pumped on 2 days ago, i believe he gonna cashed it out and exchanged it to bitcoin. Now he can't cash out because his withdrawal stuck for 2 days, what is your feeling?
It sucks. Bittrex stop trading for IOTA and announced it 6 days ago Bittrex Stops Trading Three Key Privacy CoinsIt is the message when I click on the trading pair for IOTA on Bittrex from coinmarketcap. I did not use Bittrex for months and don't mind to log in my account to check this message in log-in mode. https://global.bittrex.com/Market/Index?MarketName=BTC-MIOTAThis market is not currently available to you
Make sure you are logged into your Bittrex account. If you are logged in, you still may not be able to view this market because:
The market is not available in your jurisdiction
The market has been delisted
The market does not exist
You can explore the full list of markets available to you.
If you have any questions, feel free to reach out to Bittrex Global Support.
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It is a great partnership and great news to start the year of 2021. Congratulations for GOLD team for your first achievement in this year!
With the crazy bull run of Bitcoin, the transaction fee on bitcoin network is climbing very much. I don't say about killing fee that is too high in satoshi/byte but even with low satoshi/byte, the fee is increasing as a result of rise in USDT or USD.
Is it a time to consider about a third cryptocurrency for GOLD team to convert to? After Bitcoin, Ethereum, will the Gold marketplace has a third one? Litecoin?
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One stupid thing to do with trading is open leverage positions with same cryptocurency is used as collateral.
Sometimes, the market moves in the direction you don't want it to.
Leverage orders: short (you want the price to fall down)
Real market: price is moving up a lot (that is opposite what you wanted to see)
Result is you will hesitate to cut-loss or stop-loss for your leverage position. Especially if it is isolated margin, you can not move the collateraled coin and take profit in Spot trading then move them back (in BTC). With Cross margin, if you use all your capital for that position, you will not be able to move the collateral out to take profit. It sucks.
My experience is use BTC as collateral is safest method and help you to avoid headache.
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Simply explanation
- Amount (BTC) is sum (total) of all BTC is ordered at that price.
- Total (BTC) is sum (total) of all orders at all prices up to that price. You can call Total (BTC) is Accumulated amount (BTC).
Example:
There are 3 prices ordered on the market for buy orders:
- $10000: 1 BTC
- $20000: 3 BTC
- $40000: 5 BTC
1, 3, 5 is Amount (BTC) and the Total (BTC) at $40000 is 9 BTC = 1 + 3 + 5 (BTC). The similar for sell order book.
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Disclaimer: I'm short Bitcoin - short BTC and will be looking for a swift drop to $24,000
Bitcoin might fall to $24,000 but it is not a matter as before it falls down, there are probabilities of very last attempt to test resistance $34,700 (that happened hours ago when it climbed back to above $34300). Your short position will end with profit or loss (liquidation) depends on the leverage you use for your position, then how and when bitcoin will move before it falls back to $24,000. It does not make sense for your short positions if bitcoin moves up and liquidate your short position first, then it will give you a long red candle to $24,000. You only get loss in that move. |
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Now Bitcoin dominance is down to 68% and Bitcoin price is correcting to $ 30,000. Meanwhile, the price of Ethereum has gone up to $ 1000
and I am sure that in a few weeks Ethereum will return to the ATH price of $ 1400. With these data, it shows that exchanging BTC to ETH is
necessary now, if you want to get profit from ETH. But that doesn't mean all the BTC we have will convert to ETH, because I believe Bitcoin
can still go up again. Therefore, we still have to store Bitcoin, so convert about 30% of our BTC into ETH.
What happened? Ethereum climbs up to its all time high. It is a very well rise from Ethereum after it retested the double bottom. It is amazing rise if consider how low the price of Ethereum in ETH/BTC is now. 0.03348 BTC for one Ethereum and the price is higher than $1100. The retest of all time high from Ethereum can trigger the altcoin season in next few weeks. |
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I understand that people want to profit one way or another, but I don’t understand why they are looking for an alternative to Bitcoin?
They want something cheaper than bitcoin. They are fear of bitcoin when price is above $15,000, then $18,000 and now $33,000. They find cheaper alternatives and think that with cheaper alternatives, they can have bigger probability to get some profits with less risks. They are wrong, totally wrong. Investments in alternative cryptocurrency is more risky but with less profit in the long run. In the other words, bigger risks and bigger losses. Here I am talking about the top altcoins (have big communities, active developments and some sort of adoption), and I am not talking about shit tokens or scam projects. But top altcoins, what are we witnessing drama and free falls on Ripple, Stellar, DASH, etc in late of 2020? |
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You can stick to the bitcoin trade and not convert your bitcoin to ethereum because the ethereum price is not giving good moves. And with what happens to bitcoin price now, I think your profit will be bigger if you trade bitcoin pair usdt. But if you think that ethereum trade can give you more profit than bitcoin trade, you can use it, but you should analyze more details to find out. Ethereum will have a good chance to increase higher, and I think ethereum is on the way to lift the price. But that will not be so fast because bitcoin still increases, and it seems the bitcoin price wants to break another high price, although the bitcoin price is already hit the new ATH.
Bitcoin won't be able to rise forever and when it stops the ride, altcoins will move. Ethereum: https://coinmarketcap.com/currencies/ethereum/Bitcoin: https://coinmarketcap.com/currencies/ethereum/I see Ethereum gets bigger profit than bitcoin in USDT. Ethereum rises in ETH/BTC and in ETH/USDT pairs but it is not true for most of altcoins on the market. Ethereum rises in USDT is supported by bitcoin rises in USDT. 1 BTC is 1 BTC forever but 1 ETH is 0.017 BTC in January 2020 and now is 0.026 BTC. |
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