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2281  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Minimum Trading Volume for Leverage Trading of Altcoins? on: April 03, 2021, 01:49:39 PM
At our current situation where Eth could go up for 30% in a single day, it is recommended to leverage the altcoin that has at very least 1/5 of its market cap as its trading volume in 24h the more it has the better it will be. because the market is extremely volatile, it could create a huge dump in case Bitcoin price goes down for a few percent. it happened to a few altcoin before when it did not have that much liquidity, the price just jumped down for 60% off its initial price because of panic sell and leverager.

volatility does not always go with low liquidity. Its not the problem for leverage traders that ETH goes up and down 30% in one day if you can open/close 1 milion $ position at close to 0 spread. The problem is when your stop-loss or even worse margin-call closes pushing price few % down because of zero liquidity.

@OP
It depends on leverage, position size, proportion of real trades and fake trades (avoid shady exchanges), volatility. Mostly I would not leverage trade coins below $500M daily volume.
2282  Economy / Speculation / Re: Bitcoin had its best Q1 performance this year since 2013 on: April 03, 2021, 11:42:36 AM
I think it is also worth to mention that we have 6 green months straight. We had only 1 so long strike ... april-sept 2012 and now we are entering the best quarter for bitcoin? Damn. I doubt we will see 10 green months straight but who knows. I hope to see more alt action ... to let me dump my bags back to btc before the true king will start to do 10k candles.
2283  Bitcoin / Bitcoin Discussion / Re: CEOs will see it ... sooner or later on: April 02, 2021, 05:04:56 PM
So they invested 2 billion $ into bitcoin (they borrowed 1 billion to do so) and and earned 3 billion $ thanks to it.

If big companies would all start playing on a speculative and volatile market, many of them would get rekt, and investors would start viewing such moves negatively in general.

Now tell me please how is it possible to get rect if you, as big company, buy btc (without leverage) using 1-5% of your reserves as part of well diversified portfolio. I'm not saying that everyone will go all in now. Just small portion to be able to announce it to gather hype.

Microstrategy put all their money into bitcoin and even borrow 1B$ to buy more. Investors see this negatively?? By pumping stock price 7 times?
2284  Bitcoin / Bitcoin Discussion / Re: CEOs will see it ... sooner or later on: April 02, 2021, 12:07:44 PM
They are just full with cash reserves(Thanks to the Federal Reserve Smiley)

I wonder how you will elaborate this.

and they don't want to invest in expanding their business,because of the recession

Buybacks are not 2021 case only.

"In the late 20th and the early 21st century, there was a sharp rise in the volume of share repurchases in the United States: US$5 billion in 1980 rose to US$349 billion in 2005. Large share repurchases started later in Europe than in the United States, but are nowadays a common practice around the world.[4]"
https://en.wikipedia.org/wiki/Share_repurchase

So buybacks are with us for long time. Recession is not the answer. Possibility to profit by CEOs at the expense of the managed company is the answer.

Once again. I'm not saing that insitutions will FOMO to bicoin to earn on bitcoin long term price grow. They will FOMO to bitcoin to profit on their own shares. Buy $4B of bitcoin, MC of you company grows $6B
2285  Bitcoin / Bitcoin Discussion / Re: CEOs will see it ... sooner or later on: April 02, 2021, 11:51:19 AM
Managers of large companies, although they are human beings and have an emotional side, are usually guided more by rationality in decision making than retail investors who are more prone to be dragged into their decisions by FOMO.

It will be rational decision. I'm not saying here that institunions will fomo into bitcoin to gain on bitcoin pump. They will FOMO into bitcoin to gain on their shares pump. As I showed on macrostrategy example. You have $4B bitcoin, your company value grow by $6B

2286  Economy / Speculation / Re: JPMorgan sets Bitcoin Target to $130K Predicting Strong Institutional adop. on: April 02, 2021, 09:47:40 AM
Yes, and I think there's no surprised here. Many has seen bitcoin's narrative has evolved already. Institutions are investing and hedging their balance sheet on bitcoin.

But we all forget that there are still retail investors or traders, which is also very important to keep the ecosystem in check. So it's a balance between institution and retail investors that will fuel the massive pump to six digits this year. So for me, they also need to consider ordinary and average joe traders/investors.

Check out this thread. https://bitcointalk.org/index.php?topic=5327971.msg56696242#msg56696242

IMO institutional investors will push BTC price to unimaginable numbers. Not $130k as JPMorgan estimates. Not even 1M$. Much higher. Retail invesotrs will play almost no role in this pump.
2287  Bitcoin / Bitcoin Discussion / CEOs will see it ... sooner or later on: April 02, 2021, 09:32:51 AM
We all know what buybacks are. A situation in which company decides not to invest in the development - in better machines, better technology, improve efficiency but to buy their own shares. What for? Mostly to boost price since the decision of buybacks is made by CEOs that own big chunk of shares, they get a part of the payout in shares, they get bonuses in shares, they can buy shares at discount. This situation is very common and is performed on a huge scale:

"Biggest Buyers
CNBC lists the ten companies with the largest share repurchase announcements made in 2018 through February 15. They are listed below along with their: stock performance year-to-date, over the past year through early trading on February 20, and the amount of buybacks announced:

Cisco Systems Inc. (CSCO): $25 billion buyback
Wells Fargo & Co. (WFC): $22.6 billion buyback
PepsiCo Inc. (PEP): $15 billion buyback
Amgen Inc. (AMGN): $10 billion buyback
Alphabet Inc. (GOOGL), the parent of Google: $8.6 billion buyback
Visa Inc. (V):$7.5 billion buyback
eBay Inc. (EBAY): $6 billion buyback
Applied Materials Inc. (AMAT): $6 billion buyback
Mondelez International Inc. (MDLZ): $6 billion buyback
Lowe's Companies Inc. (LOW): $5 billion buyback"
https://www.investopedia.com/news/10-stocks-poised-outperform-record-buybacks/

How this apply to bitcoin?

"The move brought the company's total holdings to roughly $5.26 billion.
MicroStrategy's bitcoin was purchased at an average price of roughly $24,214 per coin."
"The firm's bitcoin holdings were worth roughly $5.26 billion as of March 11's price per coin. Saylor's firm acquired its bitcoin for some $2.211 billion at an average price of around $24,214 per bitcoin."

https://markets.businessinsider.com/currencies/news/michael-saylor-microstrategy-bitcoin-purchase-cryptocurrencies-digital-assets-2021-3-1030179587

So they invested 2 billion $ into bitcoin (they borrowed 1 billion to do so) and and earned 3 billion $ thanks to it.

Microstrategy marketcap pumped from $1Bilion to $7Billion. Earning 3 billion $ on speculations (not from selling services) pushed Microstrategy marketcap by $6Billion ! Having 5 Billion $ in bitcoin (1B is borrowed, so 4B$) push your company stock value by 6B$! CEOs of every single company will sooner or later realize that decision to invest even a fraction of company reserves will push price of their shares better than buybacks. They will not even care about price. The bigger the better since more hype they will have from bigger and bigger bitcoin hype. They won't care because profit for CEOs will go from pump on their stock not from bitcoin price change.




2288  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why WazirX token (WRX) is rising so hot? 123% in 12 hours (!) on: April 02, 2021, 08:44:18 AM
Is it gonna be next BNB kinda coin? Do you guys think it could go boom like BNB exchanger?

The fact that something pumped 10x, 50x or 1000x in short term during "bubble of everything" does not mean that it is strong fundamentally. I'm not saying Wasir is a bed exchange, but its completely different class of assets compared to BNB. Wasir is an exchange that operates for India citizens, while binance is world leading crypto exchange that became an industry leader after few months of existence. BNB has also BSC - chain with the biggest traffic (few times bigger than ETH).
2289  Economy / Speculation / Re: JPMorgan sets Bitcoin Target to $130K Predicting Strong Institutional adop. on: April 02, 2021, 08:27:55 AM
2-they do not consider that in a digital economy, it is easier to acquire and hold Bitcoin than it is to buy physical gold. Therefore bitcoin has a market value potential that can exceed gold many times over.
Fair point but... gold is used not only as safe haven but also in jewellery, Electronics.

I think they also did not take "lost bitcoins" into consideration. I bet that bitcoin is now deflationary. Currnt inflation after fork is only 1.6%. Most likely the amount of lost bitcoins is bigger than 1.6% of supply annually.
2290  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A Big Secret of PANCAKESWAP (CAKE) Coin (Speculation of CAKE coin!) on: March 30, 2021, 02:27:29 PM
What was happened with PANCAKE coin supply? I still remembered last time it was 233million CAKE coin as supply, but now it only left around 143miilions CAKE. Obviously it was because PANCAKE coin burn, so we are going to the moon right now. $17 still too early to set our goal.

So you have problems with memory. You even quoted my post in which i put current circulating supply:


We are left with 25 cake generated each 3 sec = 500 each 1 min = 30 000 each 1 h = 720k each 1 day = 262.8 M each 1 year.
Current circulating supply = 134,901,580 CAKE
So in 1 year from now supply will triple so will marketcap do if we will stay at the same price.
That's second strike.

So yea. Great burn. Awesome. They had 134,901,580 CAKE 16 days ago... they have  143miilions CAKE now. +10M in 16 days. +7% in 16 days. " Obviously it was because PANCAKE coin burn ". Yea ... Obviously. Obviously they burned 40% supply XDXD Obviously they were able to buy back 90M coins worth $1.6B XD seriously ... nothing raised your doubts here?

Cheesy Cheesy Cheesy

Proof? No marketcap dump (MC= price *supply ) So we should dump 40% on this chart if they in fact burned 40% supply. We didn't. We have MC ATH without price ATH.



Good luck with your investments if your researches are as bad as this one. Looks like your knowledge is inversely proportional to your confidence
2291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: March 30, 2021, 06:26:22 AM
I don't like this process. Going to be just another ERC20 token with a high transaction fee.
I think there will be a lot of confusion here. Idena addresses starting with 0x... same as any other ERC20 token and it will be very easy to make a mistake. I already did it by accident and now I have Idena on my ETH deposit address on the Hotbit exchange.
It is interesting that I can check and see this transaction on Idena explorer, but not on the ETH network.

Being ETH compatible is a great advantage. Thats the main reason why BSC is the biggest chain now. Because it was faster, cheaper than ETH (such as tron, eos and tones of others) but also ETH compatible that allowed it to use ETH infrasctruscutre that ETH was building for years.

And what ERC20 token? What high fees? We are talking about pancake swap and BSC network (binance smart chain).

It is interesting that I can check and see this transaction on Idena explorer, but not on the ETH network.

Because your coins are not on ETH. They are on IDENA network. Just transferred to IDENA address that exist on ETH as hotbit deposit address.

You can try to get therm back if there were much of them. As Idena is ETH compatible it is possible that hotbit will use their eth private key connected to your deposit address and use it on idena chain. Did same mistake months ago. I get this response:

"2. In order to retrieve your mistakenly deposited tokens, we would have to conduct relevant operations such as extra installation or upgrade on the software of our wallet, the import and export of the private key and so on. Due to the fact that only those staff with very high authority are allowed to conduct relevant operations and that the whole process has to go through very strict risk control verification process, such operations require huge amount of time, labor cost and risk control cost. It might take three to six months to retrieve your assets. Please do be patient.
3. Due to the strict risk control verification process, you need to pay 0.3 ETH by original sending address( ) that you transferred this transaction mistakenly to switch back the coins. The transerred address is 0x5c0e7D5D2c3f244083eA00a8c6b17c42120ac632 and then send TXID to us so that we can check it for you. Attention please: Due to the strict risk control verification process, we can only send your assets back to your original sending address( ) later."

But you know why we both made same mistake? Because hotbit has bug in their website that sometimes does not refresh deposit address. You go to deposits and you see USDT (ERC-20) deposit address, you change it to idena and page should refresh showing new address. Sometimes it does not. You see IDENA, you see address, you do a deposit, coins are gone. Be carrefour and always check if address did refresh.
2292  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: how to sell own tokens when we have no liquidity for uniswap? on: March 28, 2021, 04:16:51 PM
-> well, that's really smart feature! didn't know about that. and can I change the price after some time, like 1coin = 1eth and after 500'000 token sold, 1coin = 2 eth? is it possible to automate it?

You can do anything you want with your smart contract. You can even code a price curve that will fallow a mathematical formula established by you. The more you sold the bigger the price is. You just need a UI for investors, good programmer and a smart way to attract investors (good marketing)
2293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: March 28, 2021, 04:06:41 PM
Activity on bridge is pretty nice. Everyone is testing it. There is currently 69k IDNA out of which 37k is locked in liquidity pool. Can't wait to see how it will be chainging in next 2 weeks. We still need official pancake listing from pancake team. possible syroup pools or farming.
2294  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DBC is back and high on steroids!!!!!!!!! on: March 28, 2021, 12:06:20 PM
A) it is a meme coin

It was created as meme coin in days when there was not that much projects. Collected great community, good devs, and is now a better product with better adoption than 99.99% of "serious coins". As I stated (funny you did not refer to that):

Quote
3- Doge is one of 3 most used coins on crypto casinos and similar sites

4- Doge is one of 5 most often available coins if you want to use crypto as payment

6 years on battlefield. Always osculating around BTC price. Always 25-100 sat. Its not high because musk is on doge. He started to shill few months ago... not 6 years. Musk is on doge because doge is stable to BTC, with good community, is widely used and has no centralized identity behind.

B) Dogecoin produces 10,000 coins per block at a rate of roughly 1 block per minute. That's around 14m coins per day! Maybe you like your wealth's dilution.

Here you proof you need to learn about economy more. 14M daily. 5B annually. Seams a lot ... but its not about number of new coins in terms of wealth dilution. Its about % of inflation. 129B is doge circulating supply. 5B is only ~4%. BTC inflation before last halving was 3.6%. Do this calculation with DBC pleace. How much coins will this Supernode mine compared to circulating supply.

C) good luck when Elon decides to sell a stack, God bless you then

I dumped my doges ~60 sat. Will buy back at 25 again. As I said. Its short term overvalued compared to BTC. But i would be more comfortable being exposed to MUSK dump rather than being exposed to DBC team dumping theirs no 0 liquidity, 0 volume market.

Once again. Good research about AI token is not based on marketing moves that team is doing. AI tech that this team promised to deliver is (most likely) not dependent on platform its released on nor on 15% burn. And this AI tech is responsible for 99% long term value. Researrch this AI tech, compare it with FET, AGI, OCEAN, VLX and other competitiors. But compare AI tech not irrelevant, in long term, things.
2295  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DBC is back and high on steroids!!!!!!!!! on: March 28, 2021, 11:22:05 AM
You seams to be offended by my post. I'm not saying project is dead. This might be good gem. I just shared my thoughts. But it looks like you did only partial research and get overexcited about insignificant things. You should be excited about this AI tech. What it is capable to. Because that's what this coin is all about. And calling something worth investing only because other products that are not worth investing in your opinion are evaluated higher is not the best investment strategy.

1 - "1 and 2 are good questions for the team, let's see what is their answer. Doubt it is just marketing. SUpply is too high, so burn is wellcomed. And Polkadot's one is way better in many fields than Neo's blockchain, so not surprising."

Why you think its good they switched to DOT if you don't even know if its not "marketing only" reason.

I don't care about burning 15% of coins when only 30% of supply is in circulation. Burns have value if they are cyclical and come from the profits generated by coin. Not when devs created too much coins, cant find buyers, price is dying so they burn coins that they know they wont be able to sell anyway. You know what i'm talking about. 3B coins in circulation, 3 mln $ daily volume (on top of hudge pump) and 7B coin to dump ~~100M$. Impossible to dump. This burn has negligible value.


you are right. seems more feasible the  $7,045,169,032 DOGE's marketcap because a guy posted few messages in twitter. That car manufacturer that is so brilliant, with his amazing cars. and his armored glass   Oops! Tesla Cybertruck's Unbreakable Windows Break During Demo

People underestimate doge. Price is too high currently. I agree but its not eveluated that high only because of Musk tweets.

Doge:
1 - was very stable against BTC for years.



6 years ... ~25 sat on average with many pumps as soon as price dumped. If I was banned from having bitcoin (for unknown reason) ... i would swap to DOGE as soon as price would dump to 20-25 sat.

2- DOGE has huge community and no centralized identity since first devs abandoned project (just like bitcoin was abandoned by satoshi)

3- Doge is one of 3 most used coins on crypto casinos and similar sites

4- Doge is one of 5 most often available coins if you want to use crypto as payment

I have few more.

Because of all of above I think I'm one of first people that dare to call DOGE a digital silver (if we consider bitcoin to be a digital gold). Not litecoin, not etherum.



2296  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Someone with experience with WINK (WIN)? on: March 28, 2021, 08:17:13 AM
Similar thread opened few days ago:
https://bitcointalk.org/index.php?topic=5323776

To avoid writing same thing twice i will just drop it my quote where there.

Wink is casino token that gives you shares in profits. You should check this casino volumes (AKA total wagered) multiply it by casino house edge (~1%), estimate annual profit, calculate your share, compare it with other investment types. Check trends (not price trends but user base and traffic trends).

this project created on tron network, in this month the price increasing more than 800% , thats really great roi

Its x4 in 2 months not x8 in one month. I think you researched different coin.
2297  Economy / Speculation / Re: How to make money countertrading high leverage degenerate traders... on: March 28, 2021, 08:09:40 AM
What is strange is if he is making $250,000 a day why waste your time selling some $20 month trading course?

Maybe he has a tool that auto change HTML file adding 4 zeros at the end of his position size? Everything is possible.

That’s what a lot of people think he is doing. Basically flashing his $10M positions and taking the opposite trade on another account or exchange. Bybit allows you to have multiple accounts so he can actually just buy and sell into his positions with no risk except the trading fees.

It means that we has at least 20M and is able to pay 0.075% * 20M = 15k$ in fees just to make a youtube video and shill his $20 trading course. That's super unlikely.
2298  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DBC is back and high on steroids!!!!!!!!! on: March 28, 2021, 07:53:22 AM
Pretty decent pump. We are now back to 12 cents from 19 cents so it looks like solid correction, good jump in especially that this is top 500 CMC project. The only problem. Little to 0 volume compared to volatility.

Quote
if you are too lazy to make a research: migration from NEO to DOT, Token burn 15% , Maintnet public test phase one on March 16th, Supernode elections ongoing
marketing, white paper update, team expansion, website update .. hidden gem... remember where you heard it first!

1- Why they jumped to DOT? Marketing only?
2- Where are those 15% comes from if DBC did not launch its product yet? Isn't it mint to burn event (marketing only)?
3- testing mainnet - is it enough to be evaluated at $40,893,968? IDK
4- "Supernode elections ongoing marketing, white paper update, team expansion, website update .. hidden gem... remember where you heard it first!" - after 3 years ?
2299  Economy / Economics / Re: [News] The First Green Bitcoin Mining Pool; Powered by Clean Energy Launched. on: March 27, 2021, 12:29:32 PM
How do we know this isn't just a marketing stunt?

Looks exacly like marketing stunt. Sad to say that but it looks to me that majority of green organisations and green movements are only corpo vs corpo tool or marketing tool.

The amount of FUD related to bitcoin using more energy than some countries (f.e Netherlands) is super low. 1 bitcoin transfer uses as much energy as whole single-family house needs for 2 days.
I'm surprised why every single green organization isint targeting bitcoin. Why Greta Thunberg isn't screaming "we should ban bitcoin"? The only explanation for that is ... nobody cares about the environment, every green organization cares only about bribes from big companies. Rich guys game. Green organization are only pawns in the game Corpo vs corpo. And big organizations has no profit from attacking bitcoin. And there is no way to attack it before its fully regulated (KYC to own bitcoin address that is allowed for crypt to fiat transactions)
2300  Bitcoin / Bitcoin Discussion / Re: NFTs on Bitcoin? on: March 27, 2021, 11:39:52 AM
Bitcoin is not scalable enough to hold more load. Bitcoin should remain as digital gold. Thats enough to push its adoption and price higher and higher. Bitcoin does not need hyped technologies that will only clog the network.

Let ETH to be a smart contract chain for rich people focused on decentralization and BSC a smart contract chain for people focused more on cheap prices. We dont need anything else. We dont need bitcoin to be a "everything coins"
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