Holding is the best strategy for those who don't want to trade or can't trade.

Holding pays off, other trading can go either way. Daytrading specifically is a bit of a hard thing to do (trading intra day can be difficult). Dcaing or other tactics can be a lot easier to carry out and tactics like "buy the fear, sell the silence" might even work better than some day trading.

Well the blockchain stores the sending addresses and receiving addresses for each transaction. The company would be able to do some deanonymisation techniques (potentially) which could do things like link your bitcoin wallet to your ip/name if it's in an email signed up with. It's more of a thing thatd just seem a bit weird and if you wanted to stop that, you could just send the funds to a trusted exchange instead.

If you give them an address from mycelium (downloaded from your app store) the most they can do is send funds to it and see what your address is doing.

I'd make a new account purely for the second thing and then pass the funds through a mixer if possible - like chipmixer - (or an exchange like binance) to try to break the chain of tracking they'll be able to do if you send within your own wallet.

I abandoned most of my long at about 33500. I imagine we could be due a drop but I don't know how far, perhaps to 29k or something (we could reach 42 before then though too). I want something a little more sustained around the 30k level - if we don't get that and go up we're still pretty bullish imo but it'd be nicer to get an extra confirmation.

The current pattern on the daily kinda matches the last one too so there's a chance we go to $15k, extremely slim though and probably quite unlikely (you'd be better off selling at 20k if it did)...

It should be up at the top where you're able to switch to the margin exchange? There is also a launchpad afaik represented by a bunch of squares (3x3 i think).

I was reading an article a while ago of how self storage could be more secure than safe deposit boxes as they're still quite well insured, in busy areas, and a camouflaged by other items. Your $1M of gold could be between lockers containing a piano, bed sheets, a sofa, a desk chair...

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How did they manage to take photos of stuff and then not be able to identify whose is whose, that bit is a bit confusing.

It looks like they'll be able to get their stuff back (but might have to say what they actually had - although considering the FBI apparently can't read they might've contaminated evidence too)...

👀 Hmmmm. Seemed to rebound a little just after you said that.

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We could still go down and the current move up could be due to the slight S&P move but I don't think we're fully in a bear market yet. It looks a bit like May-June of 2017 now and the one op put on too (I want it to look like September).


There might be an opposite of a short squeeze that occurred or something then too - on a bunch of exchanges at different times.

Bitcoin has a good history for trying to chase random stops and breaking additional support zones to try to liquidate positions (either traders themselves or exchanges doing it idk).

A lot of people might also have moved their 29k-30k orders a bit upwards to where we'd have left the last pattern because they might not have seen much of a point leaving it there.

The forum doesn't set rules like this, the community can though.

I thought the whole point of a bounty was that you get a certain % of the coin to split between the bounty applicants? This seems like it'd be really hard to enforce, bitcoin payments however, should be easy enough to deal with via an escrow.

You're dealing with anonymous entities, the onus is on you to work out whether you'll be paid or not.

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You might want to move this to meta also.

Is there a theory that you'll always have a greater supply "stupid" people, then ones who'll learn...

I don't even know what's going on atm because all I look at for problems with my investments is mainstream media - they'll report the big stuff you need to worry about anyway. Probably a lesson in that...

It's weird anyone cares about China banning stuff, I don't think China has near half the hashrate anymore? Bitmain have put operations in texas and somewhere in Europe. Even if half the hashrate is Chinese, that's just 20 minute blocks instead of 10 minute ones while the people in China work out their moving plans.

Is the money intended for medical bills? I'd check with the law to see if you're able to write off the gains or not.

I'd also try to check how much this friend has made and how much tax they're likely to pay. Most countries charge less on capital gains tax than income taxes (afaik) so it might be worth looking into.
Otherwise, hire a tax advisor and see if there's anything they might be able to help you with (eg changing the tax from capital gains to corporations tax).

Fiat might be an easier way of dealing with this and I'm not sure crypto is the way to fully replace fiat.

But you can collateralise other items. If you get a builder to fix something, you normally just promise to pay when the work is done (you rarely pay before). This could be collateralising your reputation or your house. A court can order you to pay anyway.

Say you buy a car for 0.2BTC, you'd put your deposit of 0.1BTC down. If you don't pay the rest off on time, they take the car. If the amount they get for the car by selling it on leaves them at a loss, they'll just come after you for the rest of the money going the normal route (eg the court might order to take possessions like a house and split the funds proportionally to pay off the debt).

The lower volatility, the higher the leverage you can use.

If you're trading bitcoin without leverage, it is a bit like trading forex on 10x. It makes it a safer asset to hold in that sense for the potential it can offer in profits without a potential 10% drop that'd liquidate the forex position.

I think instead of the volatility being a good thing, the volume is a better way for determining whether something is good to trade/hold. Strong volume gives good liquidity as well as making the market less manipulatable from individuals.

I think I've mentioned this before but shorting an ath met by some rejection has been a successful strategy so far (not one I've implemented though).

Short term shorts and long term longs are probably generally the best for speculative markets anyway. That being said, you don't short the support, you'd short the breakthrough.

It's obviously easier to look back on how a market has been performing and determining you'll have a fully successful strategy when it'll probably be broken at some point. My first point is something I haven't tried because it's riskier and less of a % return than my current strategy when it eventually fails.

I think I've only been offered metamask or myetherwallet. Both of those seem robust and well tested but metamask requires a plugin install (myetherwallet can just use the bridge) but metamask let's you access your accounts without plugging in your trezor (you can spend/sign anything until you plug it in too).

I kinda know how this is done but it might take some calculations.
(I'm on the app also, I don't know if it works on desktop too).

Go to futures trade tab (fourth across), select the type of futures, three dots (options) and click "preferences"
Click on "position mode settings" and press to switch it to "hedged mode".

Now go back and you'll see a window for opening new positions and one for closing old ones (you might want to familiarise yourself with how these work).

Make sure you also put the mode into cross margin instead of isolated too so you can use your entire balance.

Margin is provided to me as percentages, so you'll just want to do your 100/leverage to work out percentages. So if you have a 20x long, 100/20 is 5% of your whole funds. (subtract a percent from this to allow for the maintenance margin and half it for leverages over ~30x just in case).

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For the counterposition, if using your whole funds, you'll then want to work out how many % up you'll be if in profit and adjust your % allocation accordingly. I wouldn't recommend putting 100% of everything on a trade, if you're playing with up to 5% of you're portfolio though and aren't susceptible to obtaining an addiction then it's probably fine.

There is an exchanges board here on the forum for when you do launch: https://bitcointalk.org/index.php?board=223.0

I'd recommend posting there once you've started up, don't make it selfmod, and buy some ads on the forum or other crypto related spaces to try to get users.

You could also offer deposit bonuses to new users if you want to attact more (a lot of futures exchanges seem to have been doing this)...

It's only the small new investors and the big old ones that are selling, older ones are selling but they're doing like they've been doing for as long as I've been here and just dumping the price so they also can buy lower.

Panic selling/buying the news is retail's favourite sport... Oh and selling at a loss apparently...  They seemed to be ignoring/unaware of the articles in January saying everyone who'd ever bought bitcoin and held were now in profit.

And yeah old school investors are probably annoyed they'd missed the boat to get it cheap so they're going this way about it instead to either try and get more funds, weaken the network or just stroke their egos.

That means their support probably doesn't know.

I'm assuming it's tracking your IP like you'd track someone in person. Trading more than €16000/£15000 cash in one transaction in Europe requires kyc/aml be done. Doing that in multiple trades also requires kyc/aml if the company recognises it, I'm not sure what time period is suggested for that though (I'd assume monthly or weekly).

The laws on btc go off a similar thing as the international recommendation was $3000 for a transfer should require kyc. I don't think they want to publicise how often this can be done as that might violate regulations (on the case of bitpay).

I kinda suspect they just had/have no idea what they were doing...

Did you give them a full and proper tutorial on how to set everything up? Did you include ways of keeping things secure if they're physically near each other - eg don't create mnemonics in the office right next to each other (and write them down on papers everyone can see). Finding safe places to store the mnemonics etc... Perhaps adding additional ways to recover the mnemonic in case its lost (a separate piece of paper with the initial character or two of each word on it for example)

Is there a "young" partner if there's and older one and are you a cosigner? I'd recommend doing 4 of 6 and holding 3 keys yourself just in case two people screw up (or are they actually unlikely to do this)?

I seem to remember it saying the type of wallet in the top bar like "multisig 2 of 3".

If a transaction has been sent though before, you can put its hash into a block explorer to find out exactly which type of multisig it was based on the script.