In addition, bitcoin mining will not last forever due to its limited amount.
That is not true. Bitcoin mining is an integral part of Bitcoin. It will continue forever, even after the subsidy goes to 0. |
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So my original idea about Coinbase terminology was correct. It seems best to be a market maker, as you don't pay any commission then.
Sorry for being pedantic. You aren't a "market maker". That isn't the terminology used by Coinbase Pro. Here is what Coinbase Pro says: Maker vs. taker
When you place an order at the market price that gets filled immediately, you are considered a taker and will pay a fee between 0.10% and 0.30%.When you place an order which is not immediately matched by an existing order, that order is placed on the order book. If another customer places an order that matches yours, you are considered the maker and your fee will be 0%.
It never says "market maker". It says you pay the maker fee (which is 0) when you place an order that isn't filled immediately. Just to explain what others have mentioned- a "market maker" in the crypto space typically refers to a practice of spoofing volume on certain markets to convey a different message. ...
But yes, in the case of Coinbase, "market makers" refer to traders who place market orders, rather than take them.
You don't know what you are talking about. That is not what a market maker is. I know you don't know what you are talking about because you don't even know what a "market order" is. A "market order" is an order that is made at the "market price", which is whatever price is necessary to fulfill the order immediately. If you place a "market order", you pay the taker fee. A "limit order" is an order for which you set the price. When you place a "limit order", you pay the maker fee because your order will sit in the order book until somebody takes it. |
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If you accept that Bitcoin has a golden future, then this is a no risk policy in my opinion.
Binary thinking is a mistake made by most investors. Do you actually "accept" that Bitcoin has a golden future? In other words, would you stake your life on it? If not, then apparently you don't really believe it is a "no risk" policy. It is a mistake to assume that there is no risk. I am very bullish on Bitcoin, but I give its price a 30% chance of eventually going to 0. I give its chances of exceeding $100k within 10 years a 10% chance, and landing somewhere in between gets the remaining 60%. |
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Let's pretend that central banks or the different states around the globe started holding large amounts of Bitcoin, but the block rewards are not enough to support the miners anymore after several halvings. Wouldn't it force the central banks or the state to keep the network going by mining at a loss, but subsidized by the government?
Tell me what's wrong with that logic.
The part in bold is what is wrong with your logic. As long as the block reward is greater than 0, it will always be enough to support mining. |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
You are not clear on the concept of supply and demand. In particular, demand does not affect supply. They are independent. The general answer to your question is that the price drops when the supply increases or the demand decreases, and it rises when the supply decreases or the demand increases. Read this: https://www.investopedia.com/university/economics/economics3.aspIt should be noted that factors affecting the supply and demand for bitcoins are different from other products. Unlike other products, bitcoins are not consumed and the supply does not depend on the cost of production. |
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I think there is too much detail, primarily the details of the OSI 7-layer burrito, TOR, and satellites. I would like like to suggest that you focus the presentation on a particular audience.
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...one guy has got market maker buy and sell orders ...
"Market maker" is not the correct terminology here. He has "limit" buy and sell orders. The trader might be a "market maker", but I think you mean something else. The fact that the trader pays the "maker" rate doesn't make him a "market maker". Those terms are unrelated. If he submits a buy order at £3,030, and also a sell order at £3,040, will the exchange keep fulfilling his orders to give him a £10 per bitcoin profit.
If the trader has a buy order at £3,030 and a sell order at £3,040, then he will indeed make £10 when somebody sells at £3,030 and somebody else buys at £3,040. The biggest risk is that when the price goes outside of the range, the trader can lose money. For example, if the price goes to £3,055, that means he has sold all of his bitcoins at £3,040 and he will have to set up a new range, buying at £3,050 and selling at £3,060. So, he sold his bitcoins at £3,040 and is now buying them back at £3,050. That's a loss. |
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... mostly everyone here is just to earn a side income, and for most of them, it's a living if they are in a signature campaign.
That's why I don't give merits to members of signature campaigns. I do not want to encourage people to post garbage for money. I also ignore members of signature campaigns so I never see their posts. As a result, I give away very few merits because 90% of the members are here trying to make money. |
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C++ is a poor choice for someone just starting out. Start with a simpler language such as Python, Java, or Javascript. Learning software development is the most important goal. Learning a specific language is secondary, since once you understand how software works you can pick up any language fairly quickly. Take my word for it. I have been doing software development for more than 20 years and I have used a dozen different languages.
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If you have patience then the safest option is to put it purely into bitcoin and wait for the rise. A better choice would be to split it with just 50% in bitcoin and the remaining amount in quality altcoins i.e. top twenty only
That is horrible advice. Investing 100% in something, especially something as risky as a cryptocurrency, is not safe at all. This person demonstrates why you don't ask for investment advice from strangers on the internet. This is the kind of bad advice you will get. OP, Your expectations are unrealistic. Be patient. Invest your $100000 in quality investments and it will become $1 million in 25 years. |
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The real price is whatever price you are willing to trade at. Everything else is just an estimate of what other people might trade for it.
But to answer your question, ... There is no "real" price. The prices you see listed are typically the prices of the most recent trades on various exchanges, though many prices are averages. If you want to know where a particular price comes from, you will need to ask the site showing the price.
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It's probably a scam. There is no Ethereum Constantinople Coin from the Ethereum Foundation.
and the contents of the form must be educated on the wallet and fill in the private key and I filled it in, would my wallet be in trouble or not? thank you Never give a private key to anyone. With the private key, they can take any coins from your wallet now and forever. If you gave anyone the private key, you must immediately: - 1. Create a brand new wallet from scratch.
- 2. Move all of your coins (if you have any left) to the new wallet.
- 3. Destroy the old wallet to ensure that you never use it again.
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It's probably a scam. There is no Ethereum Constantinople Coin from the Ethereum Foundation.
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The passphrase is "Thats what she said 1974"
I'm curious about how you came up with that phrase. Are you going through permutations of dictionary words (and years) or do you have a database of phrases and quotes, or something else? |
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...
6. working
7. playing with kids
8. arguing with the wife
9. dealing with relatives
Value is subjective. One man's trash is another man's treasure.
There is no point is imposing your values on someone else. It creates more problems than benefits.
Some interesting things you've got on your list. Not my list. That is what the OP said we should be doing instead of wasting our lives on other things. |
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So many people claim that "the markets are rigged". Yet, they are unable to provide any kind of evidence, they can't show how the markets are rigged, and they can't show who is rigging the markets.
If you are going to claim that the markets are rigged, then I want to see some evidence so that I can agree or disagree. I'm not going to just take your word for it. Oh, and "everybody knows the markets are rigged" is not evidence.
I presented the linear trend in the chart. You can access this chart on investing.com I didn't make it up. How can a random process have an underlying linear trend? Impossible. Obviously, it is not as random or chaotic as you expect it to be. That doesn't mean it is "rigged". The weather has recognizable patterns and is even predictable to a small degree. Is it "rigged", too? |
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I've been price averaging and buying a few Satoshi as the price drops. As I stated, I'm a long term holder, so I'm not too bothered by the current bear market. My problem is that when I buy, I buy in the candles, and I always miss the best deals in the wicks. I started this thread to discuss the method of trying to catch the wicks, which seem to be short lived and arrive whilst I am asleep. We may not see $3,200 as a closing price, but we may see it in a wick if a bull squeeze develops.
The other advantage is that I believe that you avoid paying a commission on coinbase if you are a market maker.
If you are truly long term, then short term fluctuations are mostly irrelevant, especially if you are dollar cost averaging. So I wouldn't worry about it. A quick note about terminology: A "market maker" is a special kind of authorized trader that provides liquidity for a market. See https://www.investopedia.com/terms/m/marketmaker.aspIn a "maker-taker" fee structure, placing an order in the order book gets a lower fee. Exchanges do that because it promotes liquidity. See https://support.kraken.com/hc/en-us/articles/360000526126-What-are-Maker-and-Taker-fees- |
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