my question is that why can't they last and be like Bitcoin and what does it take for this unstable cryptocurrencies to be like Bitcoin.
Bitcoin does well because it's well known and what everyone knows about with cryptocurrencies. I don't think I've heard many mainstream media outlets mention ethereum even or any other coin/company crypto related. This would be the first step in getting a higher level of adoption of any alterative to bitcoin. There's also an assumption that chains like eth and their utilities could be adopted or adjusted into bitcoin over time. We don't know whether eth is just going to remain a conceptual idea or potentially something for larger institutions/richer holders as it has high fees (like bitcoin does if we ignore the lightning network). |
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On the forum you can reset someone's password from their email address.
Email access is normally given to someone's successor afaik or it can be claimed by them so the accounts can be recovered.
You can't compel someone to post though, if accounts die they get replaced. The forum hasn't been here long and might not be here much longer...
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Because if Satoshi is Elon Musk or the government then we are all being fooled and BTC may not be what we're hoping for. I'd be extremely disappointed myself and I'd probably sell everything the next minute.
I can confirm Satoshi isn't Elon musk because Satoshi was considered an innovator (one of the first to perfect blockchain technology)... What difference does it make who the creator of it was? Do you not think someone would've had a good story to sell by now about how easy it was to break the encryption on bitcoin/track its users). Google broke md5 and published their proof on that (afaik) we'd have the same with bitcoin if that was the case with either sha256 or ecc. |
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I don't know if sales are as public/often as the used to be. They only need one merit to take part in bounties though so that might be what they're doing. The other thing I could think is that people buy and sell aged accounts so they might be waiting a while for that to be good (if the forum is still going) or they might already have a buyer to take those accounts off them once they get a certain amount of merit (if they do) .
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I've been under the assumption for a while that exchanges like binance have been manipulating the price of usdt to keep it stable. I could be wrong but that's my best guess.
Why are you wanting to hold usdt? Are you wanting to hold the dollar, could you not hold it locally in a bank account or something that'll pay you good interest?
There's a lot of suspicion usdt isn't backed and I'm not sure whether I'd agree with it. I could imagine the founders being happy making $1bn in interest off the 28 being indefinitely held in an investing account (in things like bonds).
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Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?
Classic example of someone who doesn’t understand how stocks work or frankly investing at large. Stocks represent a legal share of the ownership of a business. That’s why they have value, you’re literally an owner of the profits the company produces. Crypto is just driven by a bunch of people who are speculating that the price of crypto will go up. There’s no real reason in goes up other than mass agreement, and because that’s arbitrary there’s also no reason it can’t go down for the same reason. Expecting to make profit trading crypto in pumps is nothing more than buying a lottery ticket, and that’s the opposite of investing. While it is tough to refute your argument logically, I would say buying Bitcoin is like buying a lottery ticket goes several steps too far. Once Bitcoin progresses technologically, the network gets monetized inherently through the frictions it solves that alternative systems inevitably bring about. Facebook is monetized through it advertisement, but when Facebook started out it didn't earn any money yet I wouldn't deem an investment a lottery ticket. There was quality talent and a vision involved, but sure the monetization mechanism is more obvious. Bitcoin internalizes externalities that, for example banks impose upon us. Does that make sense? Happy to have your feedback here. If you own crypto, you own a proportion of the total supply of the currency. Everyone's heard of bitcoin and Cryptocurrency and many have also heard of ethereum. Since both are open sourced, you're paying for their security and immutibility solutions as well as additions that could be added to the coin. People with large stakes in a coin can adopt new technologies into the coin and, if they don't, the ecosystem is decentralised enough thst another chain should be able to take on that task and have people/companies move towards it and use it as they would bitcoin (eg the dominance of bitcoin has dropped below 50% now). It's like saying the grocery store isn't worth anything because all of their produce comes from a farmer. An investment in a coin is an investment in its community and its devs. This is the whole reason why coins pump and why bitcoin can make 500% in a year but some random new idea coin can make 6000% in 3 months (once it's proved itself and its security). Even though you described a different aspect of valuation than I did, it's also true what you just said. I stand by my words that buying a lottery ticket is different from buying a well established cryptocurrency. Bitcoin is an exit option to an existing financial system. A lottery ticket is not (neccssarily, it could be though  ). I was arguing in your favour but thought it was a different perspective most people seem to ignore (the same people who think an investment in crypto is gambling). |
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You can't upgrade a wallet you'll have to make a new one and send the old funds there.
You can, however, set the funds to have a low fee when being transfered. Or, if you're holding a few btc (not looking to spend everything) you can just send the largest addressed balance or largest inputs to the new wallet (this can be done via the addresses tab, I think the coins tab also shows inputs - found among the menus at the top of the wallet main screen).
I'd also wait for Sunday to try to do this because you'll benefit a lot more from the fees being lower.
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The lightning network COULD also be free in some circumstances making it better than both tron and bitcoin mainnet.
Bitcoin is going for the tried and tested case of digital transactions. Slow to adopt means secure. It's fine of it gets replaced every now and then or if it gets replaced permenantly by something better... (if you don't think it's been replaced, check the dominance, even retail are diversifying).
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I think this is the time when a lot of people think similar things. A lot of people are putting the reason on this crash on one person, however, a drop by half is not new or unexpected. It happened at least twice in the last bull run too...
I think a lot of retail may be hoping for $36-30k and I'm not sure if they're going to miss the boat or not. (at this point it's a 20% PnL in btc).
The funnier part is, if we hit 33-29k, 350k is in sights - if a lot of people are trading based on technicals...
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"a server for a token" is very confusing.
A token functions off the back of another currency so you'd have to implement that token in the other currency as a smart contract?
The alternative you mean would be a coin but I think the questions you're asking would be the last steps with the first being what's making your coin different, worth using, and what can you run it off (do you need to code something new or can you build off existing software).
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You want to trade while the other folks are looking at their charts because things are more predictable. Which is (for sake of the theory or point) when the most markets are simultaneously open.
You want to have safe, predictable waves to trade in-- like a fish going with the flow of the ocean.
Is this correct or at least somewhat?
Yes some strategies are good for a lot of volatility/traders like trading based on the RSI or on some simple technical analysis. Some strategies don't do well with a really high change in volume and volatility though too. If a news article mentioning bitcoin gets published at 3pm by an international news agency, for example, you can expect a lot more movement and people in crypto will follow much more niche sources (like certain twitter accounts or alternative media outlets that aren't mainstream - I don't follow either so it's safer to just close a position and wait sometimes). If you're trying to work this out for yourself you can pick it up by looking at charts. High volatility and high volume is a golden opportunity. High volatility and low volume is really bad (Sundays are like this in both crypto and forex - most btc crashes are on a Sunday). |
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Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?
Classic example of someone who doesn’t understand how stocks work or frankly investing at large. Stocks represent a legal share of the ownership of a business. That’s why they have value, you’re literally an owner of the profits the company produces. Crypto is just driven by a bunch of people who are speculating that the price of crypto will go up. There’s no real reason in goes up other than mass agreement, and because that’s arbitrary there’s also no reason it can’t go down for the same reason. Expecting to make profit trading crypto in pumps is nothing more than buying a lottery ticket, and that’s the opposite of investing. While it is tough to refute your argument logically, I would say buying Bitcoin is like buying a lottery ticket goes several steps too far. Once Bitcoin progresses technologically, the network gets monetized inherently through the frictions it solves that alternative systems inevitably bring about. Facebook is monetized through it advertisement, but when Facebook started out it didn't earn any money yet I wouldn't deem an investment a lottery ticket. There was quality talent and a vision involved, but sure the monetization mechanism is more obvious. Bitcoin internalizes externalities that, for example banks impose upon us. Does that make sense? Happy to have your feedback here. If you own crypto, you own a proportion of the total supply of the currency. Everyone's heard of bitcoin and Cryptocurrency and many have also heard of ethereum. Since both are open sourced, you're paying for their security and immutibility solutions as well as additions that could be added to the coin. People with large stakes in a coin can adopt new technologies into the coin and, if they don't, the ecosystem is decentralised enough thst another chain should be able to take on that task and have people/companies move towards it and use it as they would bitcoin (eg the dominance of bitcoin has dropped below 50% now). It's like saying the grocery store isn't worth anything because all of their produce comes from a farmer. An investment in a coin is an investment in its community and its devs. This is the whole reason why coins pump and why bitcoin can make 500% in a year but some random new idea coin can make 6000% in 3 months (once it's proved itself and its security). |
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What stock market are you talking about and what stocks?
Individual countries are going to perform differently, which did you analyse?
Why would bonds ever be a good investment?
What crisis do you think is coming that we aren't already in?
You might want to present evidence, numbers and timeframes before saying you've done some actual evaluation.
I agree that IPOs are usually a bad investment and the asset normally drops as soon as it goes to market but that's the only bit I agree with at the moment.
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It is unlikely we go that far but, just know if you sell now you might not want to buy back until the big drop (if one comes) at the end of the cycle.
There's potential this drop was artificially implemented (by retail/TA fear) to ensure a more secure run off. Many speculators I've seen are implying the current sell off will move us into oversold conditions (meaning it'll encourage more people to invest if they invest from the RSI - which institutions might be tracking for a buy).
My 29k figure comes from coinbase data on the last bull market and would put us in September 2017 (I'm using monthly closes instead of wicks).
(not financial advice but intended as a bit of comfort for anyone worrying and constantly trading crypto - if your strategy doesn't work well with volatility go for walk, buy a game or find aTV show you're yet to watch).
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I've thought it more interesting to see when times overlap. For example, most stock markets are open between 13:00 and 17:00 UTC (1pm and 5pm) so if I'm avoiding volatility, I'll try and close trades in stocks and forex by then and not open new ones just in case (if I think there's a good chance they'll be volatile without good predictability like a volume pickup).
This is probably the time most traders are looking at the charts too and placing their trades.
Your broker should indicate when stuff opens and when stuff closes, I think a lot of large capital moving into trades (cfd or physicals) are probably not ones who change their mind about something or do things differently because another market is closed (eg liquidity and slippage will still likely be the same).
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Does Coinbase offer their bank card? Like what Crypto.com is doing or something?
I'm quite confused with the OP talking about Bank Card that is connected to Gmail. From what I read with the posts above, all I know about it is that it's a custodian wallet that you can use to transact with other users using email within the same platform, of course.
Yeah coinbase offer bank cards. You CAN pay with that but I'd ultimately not recommend it as there's a 2.5% few on conversions and you also have to deal with the potential for a flash crash or something. Binance have cards too and crypto.com. |
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As mk4 said, the email you use is just an identifier of who you are to the system. You can send funds to other users if you know their email because they've verified it with coinbase.
2. Just check your coinbase and email every so often and transfer stuff across as it comes in. You can't do the conversion automatically but you'll get an email if someone pays you.
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Bullshit. I can't imagine someone becoming one of the richest people in the world if he did not care about money. It is time to stop worshiping Elon Musk as if he is God. People who want to get rich take what they believe to be a path of least resistance in becoming rich. Elon Musk did the opposite, he tackled the difficult problems no one wanted to think about. Which indicates his goal was to solve problems that were hard and create value, rather than becoming wealthy. He probably just got bored with his wealth and wanted more. The only innovative things I can think youre referring to are: 1. The one directional supply chain keeping everything in house (like Toyota have done). 2. His space explorative work, like every other billionaire who seems to think they're going to get access to profits from sending people to Mars (if you've seen how the antarctic has been split, we can assume something like that at least would happen to Mars). |
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I've seen people do analysis of the stock market and they say things that are oversold and sensationalised tend to outperform everything else.
I think all he wanted was a headline, some mention of tesla - and boom - more wealth...
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