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2441  Economy / Exchanges / Re: Binance blocks user accounts! on: April 10, 2021, 12:36:09 PM
I haven't really found a dex that works well so far. The waves exchange is high in fees (think they were charging 0.003 to withdraw btc). Uniswap causes plugins to crash cross Browser often and just slows things down - same can be said about bisq when I last used it.

I can't say I've had a problem with binance though and $8k is fairly small in btc terms now ~0.15 so they can't be holding that back for the money.
2442  Economy / Trading Discussion / Re: New trader with 2000% unrealized gains in 2 months - how can I go further? on: April 10, 2021, 02:45:37 AM
What are you actually interested in? If its just the money, you could look to try working with pension schemes or similar companies (even just for a bit of unpaid experience for at most a month if you can). If you're applying for jobs in finance sectors they're likely going to care more about how you can analyse stuff than a formal education exactly (formal education are a good point to work out how good someone is but they're not everything). If you know what you're on about or can adapt and learn fast, you'll probably get somewhere.

Lots of people in the stock market at the moment don't seem to be trading based on what companies are actually worth too so, if you're interested, that could be something to look at (dunno if you've done much on value investing - or if it's out of most people's depths?)

I'd also say, if you're going to continue with anything, save the $30k now - sell it back to cash and put it somewhere you can forget about it - like a savings account that pays 2%+ interest or if you're really bad with self control vaulted gold might be an option so you'll find it harder to sell them before you've had time to think it over.


Also was there a specific reason you dropped out of college? I've been doing trading on the side of my course and have been doing quite well with it - just checking the coins I track about 3 times a day to determine when's good to trade (but that's only about 20 pairs).



Remember: you can't predict the future but you can check your predictions from the past against what's happened with a company! Found a ratio that might be interesting? Check the last 5-60 years of data on it to see how it's played out. that's something so many people need to LEARN. You can backdate any strategy you come up with to see how it functions before you put ANY cash towsrds it. THEN and only if it works can you put a tiny amount of money behind it to see how it plays out.



Crypto firms at the moment are generally focused on asset retention - not being prone to cyber attacks - which will change in the future but for now is mainly focused on actual security of funds and less so on growth of assets held by the company.
2443  Economy / Speculation / Re: Miners Total Stopped Selling lowest outflow for long time on: April 09, 2021, 11:41:39 PM
I'm quite surprised to see the peaks at the dips but I think it's probably the case that they're holding out for a new ath or something to happen.
2444  Economy / Exchanges / Re: Estimated Coin price? on: April 09, 2021, 01:13:08 PM
The market normally determines this.

A lot of the time for IPOs on uniswap, the price is set very low compared to the tokens initial price at the ipo. Something similar might happen with coinbase or, they'll let people set their own prices and allow for a free market, or they'll go off what the standard ask for the coin is at that time based on other exchanges.

Exchanges may also have supervisory arbitrage bots for the first few weeks or trading too to try to keep the price in line with other exchanges if the volume isn't yet there.
2445  Economy / Service Discussion / Re: Stock shares for crypto? on: April 08, 2021, 11:08:37 AM
A while ago people were suggesting mt4 but I'm not sure if you can do it directly from crypto (also not sure how trusted the site is).
2446  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Did i Just got scamed 200usdt? on: April 07, 2021, 11:16:42 AM
This transaction sent about 40 trx about an hour ago: https://tronscan.org/#/transaction/f56ab93ccdba124b4d8bd50da758ccfd5af1d517ad6a37035359bc7609fa4d0f

I can't find anything other than 3 other smart contract interactions?

Were any of these you?

Edit: ah there was a transfer of 180+ usdt also https://tronscan.org/#/transaction/4725103ffdbeea62fa0ef2bb5099666509b4f02ca12b6b923ef26e159fea55a6
2447  Economy / Economics / Re: Covid virus 2021 on: April 07, 2021, 10:35:28 AM
-snip-
I think the wealthier countries should be providing for other countries at some point too as most have overbought (the UK bought at least a billion doses for a 66 million population)...
Why would they do that and what are they gonna do about the excess numbers of those vaccines? Maybe they are planning to make a research about it to improve in the future because I think they were planning to make an adjustment if this covid cases would continue to evolve and make a new variant of virus again.

And for OP, I don't know where do you live but I think this lockdown is just a temporary safety measures to stop the prolonged contact of viruses if the numbers of covid cases rise.
I think the lockdown will have consequences for other sectors, especially the country's economy. especially if the export-import is still enforced, I think it is still very risky to spread the virus. I think maintaining public health and changing social behavior can be a solution

I think this is similar to how a currency strength relates to imports and exports? Of so, then yes, a lot of wealthier countries might see exports diminish if people are instead able to buy stuff (temporarily cheaper) from other countries.

Import deficits are generally considered bad for countries and there aren't many that do it (the UAE, Japan and the UK are examples).
2448  Other / Beginners & Help / Re: Can you trace back to the sender of a transaction when receiving currency? on: April 07, 2021, 12:37:00 AM
There are a few things to unpack here.

The first is that, no, they can't directly trace your public key if you send ethereum as most exchanges have multiple wallets at least. Binance seems to have at least 3 for example.

Second, if you send an obscure token to an exchange like hitbtc then they might be able to track you because there might not be many depositors there or the only recent depositor could be just you.

Third, try not to send the same amount in and out of exchanges if you can help it (or similar) sending 0.987 btc into an exchange and withdrawing 0.9865 is going to make it fairly easy for someone to think both are from the same person regardless of anything else.
2449  Economy / Economics / Re: Covid virus 2021 on: April 06, 2021, 11:07:38 PM
-snip-
I think the wealthier countries should be providing for other countries at some point too as most have overbought (the UK bought at least a billion doses for a 66 million population)...
Why would they do that and what are they gonna do about the excess numbers of those vaccines?

Any remaining version of the virus weakens the efficacy of the vaccines. If they don't offer other countries the opportunity of getting vaccinated then they'll end up with another pandemic and we'll be back to January-May 2020 all over again.

As a metaphor, Europe was being engulfed by an uncontrollable fire that a bad actor sent by sea on a ship that was unstoppable. The fires in Europe have now burnt down to the glowing embers but what remains is a fire in let's say Russia. If Poland accidentally transport a twig from Russia, our embers could reignite and produce another uncontrollable flame.



We don't know anything yet with what countries will do with their spare doses. I could imagine the UK has an interest in keeping Indian's economy healthy - UK companies are trying to do a hybrid migration there and some have already moved less complex operations - and China have an interest in some African countries so those may focus their efforts there to start with.
2450  Bitcoin / Legal / Re: day trading crypto in the United States Vs. the IRS on: April 06, 2021, 10:20:01 PM
I'm from the UK so things could be slightly different but: you'll NEVER pay more tax than what you EARN. You're taxed only on profits.

Generally, if you can, you should take the sum of:
Withdrawals - deposits
Amount you have at your last trade on the account - amount you had at the start of the tax year on the account.

If you're trading through the year you can probably just multiply your gains by the average price for the year. If not you might want to take the data monthly and use the average price for those. (unless you're trading with dollar pairs exclusively).

There are easy ways to calculate this programmatically but if you can do simple sums on a spreadsheet you can always try doing that if you want to save money on an advisor but still be accurate with your taxes. (you should be able to refine the reports you can generate from an exchange to get one of just deposits, one of just withdrawals and one of trades - if you can't do that then you should ask their support to add it.
2451  Economy / Economics / Re: Covid virus 2021 on: April 06, 2021, 05:03:19 PM
In the UK, things are slowly starting to open back up again and the death rate is drastically plummeting from vaccine rollouts (with 45% of the adult population being vaccinated afaik).

This will be seen in many more European countries (once their policiians stop commenting on things that they don't have the necessary education to).

Poorer countries may have to wait on receiving vaccines but most of those countries shouldn't have many new cases if they go into lockdown for a few weeks and require people travelling there to be vaccinated (2 doses of the most expensive vaccine are still cheaper than tests - at €30.90).

I think the wealthier countries should be providing for other countries at some point too as most have overbought (the UK bought at least a billion doses for a 66 million population)...
2452  Bitcoin / Bitcoin Technical Support / Re: [Apr 2021] Fees are low, use this opportunity to Consolidate your small inputs! on: April 05, 2021, 03:13:54 PM
Right now, you need 70-80 sats to get in the next 3-5 blocks the way it stands now.   

There was no block found in the last 55 minutes, hence I expect that there could be soon another opportunity to send transactions at under 10 sat/vByte.

I got one confirmed yesterday at 10 sats per byte (very fast conf). It has 120 conformations now so only took 4 hours at most to confirm.
2453  Other / Beginners & Help / Re: Problem with crypto purchase using credit cards on: April 05, 2021, 02:42:04 PM
Most countries have reports of this.

Tbh it could be every bank doing it and just the bank thinking whether you're a risk or not some random stuff... I've heard banks in the UK blocking people doing stuff and some of them are ones I use to do transactions between exchange so...
2454  Economy / Speculation / Re: Are we expecting a bullish trend? on: April 05, 2021, 12:59:44 PM
There's a large formation I can see on the daily timeframe if you zoom out that produces a triangle/channel.

Generally it's putting more pressure on the top to breakout so the likelihood on normal markets is a breakdown past 54k at its conclusion.

However it also looks like the channel includes reaching 64-68k which would be a new ath and may add momentum to it.

For more certainty on a trade youre probably better off waiting for a break of one of those or trading a continuation. Considering we're still in a bull. Market the chance s of us going down far are quite low here (I don't see 44k anytime soon)..

not financial advice, just a few cents to scatter I also don't trade crypto markets often as they're a bit too erratic.
2455  Other / Politics & Society / Re: The TRUTH About ASIAN Discrimination & "Stop Asian Hate" on: April 05, 2021, 11:05:11 AM
Not going to watch the video, but in my experience when a YouTube video begins with "The TRUTH About...", its usually the exact opposite.

I got to 4 minutes and went to check their sources... Yeah you can probably guess, even though it'd just be a few copy and paste tasks for a video that was fully thought out, there weren't any.

Also is there a chance the US will ever stop being a left v right case and present things as they should be. Throwing people into camps and stereotyping is very counterproductive.
2456  Bitcoin / Electrum / Re: recover electrum to another wallet on: April 05, 2021, 09:56:51 AM
You might be able to import your master private key into another wallet software from electrum but it might be best just leaving the funds where they are.

Did you get sent the 0.001 mbtc or was it change left over from another transaction?



Also with a bit of fiddling I think it's possible to join one transaction from one electrum wallet to another - although that will probably lose you your 0.001mbtc still in fees.



However, if your purpose of migrating to another wallet is so that is can suggest lower default fees, you can do this yourself in Electrum. When you click "Pay" in the Send tab there is a window where you configure the transaction fees paid by adjusting the slider at the bottom left.
[/quote]

@OP, Check the top centre of the screenshot so you know how to make sure rbf is enabled also just in case (doesn't cost any more in fees) but it'll allow you to bump a transaction if it gets stuck for a few days.
2457  Other / Beginners & Help / Re: I'm having a problem with Binance when adding a payment method on: April 04, 2021, 07:00:58 PM
I'm guessing your bank has the wrong number for you. This Likely isn't a problem with binance as I assume you're paying via a secure debit card (or some other way yoh don't have to verify via your online/mobile banking services).

I'd suggest you go into the bank and ask them to change it (take your ID and account info such as your last statement or your card) .
2458  Other / Beginners & Help / Re: What is the absolute lowest fee per byte you can send on: April 04, 2021, 06:18:30 PM
Because its Easter Sunday you might be in luck if you have transactions to send.

According to my estimator on electrum, a fee of only 6 sats per byte is required at the moment for a confirm within 5 hours.

If doing this regularly, you might get a notification via email when fees are low if you click notify at the bottom of this thread: https://bitcointalk.org/index.php?topic=2848987.msg56707521#msg56707521
2459  Economy / Economics / Re: Has anyone been keeping up with the gamestop stuff? on: April 04, 2021, 05:32:11 PM
Wasn't really keeping up with the retail side of things or with reddit and WallStreetBets and bots... but what about the Big Bad Boys of Wall Street side of things? I mean, wasn't there even a Robinhood Congress hearing and an investigation into the role of clearinghouses and something about shortening settlement times with retail orders on stocks?

Or am I not even talking about the same thing here?

Yeah there were letters sent between Congress and the sec to investigate in what occurred with the gamestop stuff. There was thought Melvin capital (I think) had too much control over whether people's orders got cleared or whether they could trade a certain stock or not - not sure if anything came of it, it's likely still ongoing regardless.

They'll be expected to respond as it halted trading of certain US stocks across Europe and Asia for about 4 hours (until non US based clearers obtained enough stocks otc that they could start providing traders again).

Weren't the regulators supposed to stop the trading for that particular stock when they see an obvious manipulation going on? I am kind of stranger to the stocks market. I don't know if something like that is possible.

"obvious market manipulation" would be a pump and dump and is only limited to a pump and dump (or sometimes insider trading), neither of those occurred in this case so nothing blatantly illegal happened - for it to be illegal a dump would have had to occur and the user would probably have had to do more than upload a screenshot to reddit of them holding $900k+ in gamestop.
2460  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Am I right to understand that this trading strategy is a very bad idea? on: April 04, 2021, 04:26:29 PM
Coinbase pro used to charge 0.25% fees so you'd pay $0.25 to buy and $0.5 to sell (the fees may have gone up since).

It's not a bad strategy, you have to rely on stuff going back though and I'd suggest trading on things once something has already gone there.

Buying bitcoin when it was worth $45k after dropping from $60k for example would've been a good investment. If you put in a bad buy then you'd have to wait/hold for a while and try to pick a good one. And you won't be able to use that strategy in a downturn.
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