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2521  Economy / Trading Discussion / Re: Trading with leverage on: October 28, 2021, 09:34:06 AM
Trading and gambling are two different things entirely, I am not saying someone can not do both together or choose the one he likes but they are different. I use the money I can afford to gamble, but I still put more to trading because gambling is riskier.
I know they are different things. I'm just saying to the OP that he could just go and gamble his money instead of trading because if you don't learn it, it's like you are just gambling. It's a suggestion with what the OP could do if he doesn't study it.

It is good to manage leverage, the main cause of liquidation is the leverage used, many people are losing money and  tired all because they are using leverage or using too much leverage. I started to trade future with 125x, I later know that even using 10x is too much and resulting to liquidation. There is nothing better than using 2x or not to leverage at all.
That's why it's better to understand and learn how it becomes like that and how it's being calculated. x125 is suicidal. x20 is okay, x10 is safe. That's just how I view it. As long as you have a very good spread and capital, you will be safe.
2522  Bitcoin / Bitcoin Discussion / Re: Help me understand BTC pricing on: October 28, 2021, 07:36:13 AM
I'm looking at it from a different standpoint. If you were to check the total supply/circulating of BTC, you would see it as around 18,856,656 BTC, and the total market cap is $1,117,068,131,730

To get the price you just divide the market cap with the total supply

Code:
1,117,068,131,730/18,856,656 = 59,239.99099999491

That would make the average price of it per BTC. So if you want to get the $100000 price of BTC you can just increase the market cap and that's the estimated amount of money that should be in the BTC market to have that kind of price.

Code:
1,885,665,600,000/18,856,656 = 100000

The market cap should be around $1,885,665,600,000 at the current supply. More money required, yea.
2523  Bitcoin / Bitcoin Discussion / Re: Slovenia getting ready to tax crypto. Will others follow? on: October 28, 2021, 05:20:50 AM
So if I understood correctly, you wouldn't get taxed if you HODL the specific crypto you have, but once you have converted it into cash, that's the time you need to pay taxes. So if you would go through P2P, I think that's where they could get the information on how much to tax on you or something like that. The history of your transactions is in there, so; I think that's where they will go.
2524  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof that airdrops never work ... on: October 28, 2021, 02:44:30 AM
If I understand this correctly, they have distributed the airdrop, and the "supposed HODLers" have just sold everything and dumped the price?

You could look at it in two ways on who was successful
  • Bounty Hunters were successful
  • Project was successful

So for the bounty hunters, they have managed to dump and become more prosperous because of the airdrop, and they never lost anything but their time doing the supposed tasks to spread the project's word. I don't think the project lost value with that; it's temporary, like almost all those tokens that airdropped.

The project is still successful either way that they manage to make their promise. It's not that it's not going to work; they are just late to the supposed target date. Maybe that's just the part of their roadmap to distribute those tokens freely, but it doesn't mean it didn't work. I think it's all about marketing on their part.
2525  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Shiba INU tokens continue to rise? on: October 28, 2021, 02:00:30 AM
If you know the background of Shiba INU, you wouldn't know what to expect. Knowing about it as a meme coin and "trying to surpass" DOGE is something that we all want (if you invested in it). So the best option right now is to decide on the following.
  • Are you going to meme invest
  • Buy a different altcoin

It could be the next DOGE; it could not be, but be prepared to lose the money if it goes the opposite way. So I think the best approach is to invest what you can afford to lose and determine what to invest in continuously. If you believe in it, maybe buy it incrementally and average your entry point.
2526  Economy / Gambling discussion / Re: gambling addiction is getting real on: October 28, 2021, 01:45:03 AM
It's a lot, especially if you have something like that and decide to use it in gambling, which is not ideal. Unless you have a lot of space to lose that kind of money, and from the looks of it, it seems you can handle something like that, and you are even aiming to get it back in the following days.

I am looking forward to more updates on your situation. I do hope you get to control and recover your losses.
2527  Economy / Trading Discussion / Re: Trading with leverage on: October 27, 2021, 10:18:34 AM
I think it doesn't matter when you have leverage or not as long as you know what it's for and how it can affect your trading journey ahead of you. Most of the time, people don't understand and see how important it is to consider leverage and manage it correctly. It's almost always going to be abused at first, and you will get liquidated. It's crucial to know your liquidation limit with your capital and always understand that it's always going to be like that.

If you don't learn it, you can gamble in casinos instead of the trading exchange. It depends on the person on how it's going to be used.
2528  Economy / Trading Discussion / Re: Nigeria to finally launch Enaira today on: October 27, 2021, 08:13:15 AM
I suggest everyone mention "Enaira" as "eNaira". That's the proper way of using it because some people might confuse it as something else. Maybe a company name or something. I'm pretty sure that I'm one of them lol.

I do hope that they manage to solve/hit the objectives on what eNaira is for.
  • Aid financial inclusion
  • Improve payment efficiency
  • Improve revenue and tax collection, targeted social interventions
  • Diaspora payment
Source: https://www.bbc.com/pidgin/tori-59034459

I do hope it becomes a useful thing for everyone and could help everyone in need with this currency.
2529  Other / Beginners & Help / Re: Coinmarketcap hack leaked 3.1 million emails! on: October 26, 2021, 01:52:32 PM
Sure you will, but at least you can have one "disposable" email which you use to sign up for things like CoinMarketCap where you know just to ignore all the emails it receives, and have a separate "important" email which you use for sensitive financial accounts.
Oh yeah, I understand now. It's disposable since you could just get rid of it. I will try to take advantage of my subscription with iOS and try the "Hide My Email" feature thing that they are talking about. They automatically assign random numbers words with it, I guess it would be a great start.



That db would not be useful because it's just a list of compromised email addresses, and a separate list of compromised passwords, without any links in between. The site names are not written into the database AFAIK.
I think the only thing that they could do is just spam those email address that they are going to get, right? So if I got it correctly, there's nothing to "calculate" or engineer to crack passwords or stuff?
2530  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How will Coinbases NFT platform affect the marketplace? on: October 26, 2021, 10:03:56 AM
I think they have a significant influence on the crypto community. There are a lot of users of Coinbase that are going to be exposed to NFTs, and they are going to integrate it with their current system easily. Is it not out yet, right? I think it's better not to focus on this first and wait for its release. For sure, the market will be divided.
2531  Economy / Collectibles / Re: Should I redeem this coin? on: October 26, 2021, 02:14:45 AM
That depends on what you are going to do with it or the money. There are two scenarios that you could consider.
  • You need the money urgently
  • You want the "bang for my buck"

Since the second one is your choice, I think selling it loaded is the best way. You could probably fetch higher prices just by selling the collectible.
2532  Economy / Service Announcements / Re: Liquid nitrogen cooling system on: October 26, 2021, 01:59:08 AM
Cryogenic systems are worth trying out if the problem of the whole mining system. Solving it that way makes it efficient, and you would just get refills of liquid nitrogen, and it's simpler, unlike mechanical cooling liquid systems. The only downside of this, I think, is the health risks that the handler is exposed to, but if you have the right PPEs, I don't think it's a big problem.

The most important thing here is the design, like where the target and the tank will be placed, etc.
2533  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Where to find the market cap of a token on: October 25, 2021, 03:53:59 PM
I recently found a video where a YouTuber was talking about this website: https://app.tokenmetrics.com/

He said he found the most interesting NFT games to invest in, made a couple of investments, and made money. I'm not sure how reliable it is because I haven't tried it. Not sure if I would be willing to pay with it, though.

Maybe it would be in your interest, OP. Not affiliated with it whatsoever
2534  Other / Beginners & Help / Re: Coinmarketcap hack leaked 3.1 million emails! on: October 25, 2021, 10:04:27 AM
ProtonMail Terms and Conditions limit you to a single free account, so if you want more than one account, you'll need to pay for it. I prefer to use different providers though - if I have an email for personal stuff, an email for banking, an email for social media, and an email for crypto, all with the same provider and I consistently access them all simultaneously or in succession from the same IP address, then it becomes fairly obvious to that provider that they are linked.
I saw on their site that they have aliases, I think that's one way to have multiple accounts and use it for different services (social media, crypto stuff, banking) and prevent an actual compromise of what your email is but if they still send you a spam email, won't you still receive it right?

Do you think it's advisable to use aliasing? With iOS devices, if you have the iCloud+, you have the option to hide your email that forwards it to your main email. Is it safe with that as well?


2535  Other / Beginners & Help / Re: Coinmarketcap hack leaked 3.1 million emails! on: October 25, 2021, 09:34:12 AM
All email accounts are replaceable. What service have you signed up for which doesn't let you replace your email account?
I just assumed that you cannot change the email on some services but not explored all. My email being used in some bank accounts was compromised a long time ago, and I'm thinking of changing it. I kept on receiving those phishing and scam emails with all the google docs and stuff and it is irritating.

If you have an email account which you really feel is not replaceable, then don't use it for anything else except the bare minimum you must use it for and don't share it with anyone or any service unnecessarily in order to keep it clean and spam-free. Create additional email addresses for everything else.
I'm actually planning to do it. How do you deal with multiple emails? Like is it applicable with proton mail? Proton email is a good email service right?
2536  Economy / Lending / Re: DarkStar's Loans | BTC, USDT | 2.70%-6.60% Monthly on: October 25, 2021, 08:45:50 AM
Request For a No Collateral Loan
Required USDT Amount: $800
Estimated Loan Duration: 2 months or earlier
USDT Address: TR12gbXWhQ5oXMjiRG5CYSMRNDYLYfP5hL
Signed Message:

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Crwth. Today is October 24, 2021. Requesting for a loan of $800.

Please send it to this address TR12gbXWhQ5oXMjiRG5CYSMRNDYLYfP5hL
-----BEGIN SIGNATURE-----
bc1quzs2atj3460hz0k7ast9crrd347z0leaumummx
IChLvyZMLvMmupqWg6OLFBrCixPf4gU+PoEHec/Otw+oIGjvHAZipzL7qE4rXGCyHSPPZDszvN+raobE5xovHjY=
-----END BITCOIN SIGNED MESSAGE-----

Accepted, USDT sent: https://tronscan.io/#/transaction/faad6f5ca57db3fb4231068b8f27db69984ef1c0ae8afc32f4f9231157c22a44
Received. Thanks DS.
2537  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 25, 2021, 06:30:39 AM
For me, as a trader, it doesn't affect me that much. Since crypto is 24/7 and it never stops, I would always feel that it's best to trade all the time. Whether it's a bullish or a bearish market, exposure within the market is excellent. As long as you have set specific rules and parameters within your strategy, you will be fine, IMO. It's best to test your system live and see if it works or not.

Taking advantage of the 24/7 market open of the crypto market is what makes it fun and profitable. I like trading it with my bot, Gunbot.
2538  Other / Meta / Re: Bitcointalk Youtube channel - what would you like to see? on: October 25, 2021, 03:33:03 AM
Consider me teased. Lol. I can't wait for the upcoming videos from the channel! I'm the 9th subscriber if I am not mistaken.
2539  Other / Beginners & Help / Re: Coinmarketcap hack leaked 3.1 million emails! on: October 25, 2021, 02:39:14 AM
Just a crazy thought upon reading this thread. What if the haveibeenpwned database has been pwned as well? Subscriber-based type sites are always prone to hacking.

Anyway, it's crazy that a lot of hackers are finding ways to get information from certain websites. Imagine how much more could they do if they can get it from CMC. What else right? It's just a matter of time that there are more breaches to even more famous sites.



I have a question about what you should do on an important email. Like it's not replaceable. If this is the route you are going to take, I think you should just be careful on emails, right?
2540  Economy / Speculation / Re: Why Does BTC growing faster?? on: October 25, 2021, 02:15:39 AM
Why does btc growing faster than other Cryptocurrencies?
What do you mean by grow? I think someone has already touched on the fact that you should determine what growth should there be whether it's going to be with the following.
  • Rise in price
  • Usability / adoption of the public
  • Grow in features

What makes people chooses bitcoin?
People choose BTC because it's the primary definition of crypto for almost everyone.

BTC = Crypto

Does bitcoin going up forever?
It can be like that. If you check the prices before on the stock market, it goes up. It will go up in the long term. I think that's one of the reasons why people HODL it. 
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