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2721  Economy / Economics / Re: Covid 19 protecting value of money on: January 08, 2021, 07:13:25 PM
Have you only just discovered there are spenders and hoarders?

Most people spend most of what they earn while some hoard it. This is why inflation is a thing to stop the hoarders from not taking a risk by investing in something.

For example historically, when income tax and corporation tax have been high (90%+) business started buying accommodation for their workers to live in and parks/schools/churches for them. To use because it increased a person's company portfolio and slashed the amount of tax that was needed to be paid (that's why every European/UK businessman of the 15th-19th century was a "philanthropist" . You need a new road outside your factory? Why pay the government a few shillings to do it when you could get some workers on it and pocket the money.
2722  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinbase vault on: January 08, 2021, 05:43:25 PM
I'd say probably

If in doubt you can always contact their support but you could just wait the 48 hours and see what happens. If you click on your vault account does it show anything? Did you get a confirmation email also?
2723  Economy / Economics / Re: Tesla overtake Amazon? on: January 08, 2021, 02:22:04 PM

     WHAT HAS HAPPENED?



Stupid Americans (dunno who else cares enough).

I saw a while ago the car company he made sells less than each individual well known German car manufacturing company but the stock has a market cap of all of them.

Also the stock split caused a price hike and apparently he's been "employing" children for cobalt extraction in Congo so.... Apparently the "freeest country" doesn't advocate for its systems elsewhere.
2724  Economy / Trading Discussion / If you're bad at trading crypto, forex might be easier on: January 08, 2021, 11:40:59 AM
There are a lot more "patterns" in forex that seem to make sense based on my own strategy so I'd recommend if people are having issues trading crypto with larger swings coming, you might want to move across.

You can always still use your profits to buy bitcoin at certain points (eg once a week).

I was looking at this in advance for when I need to find something to do if bitcoin starts crashing again (it hurts to see something fundamentally bullish and innovafing fall rapidly and turn investors away so I just ignore it).
2725  Other / Off-topic / Re: Beware of fake CS:GO skin trading links on: January 08, 2021, 04:29:49 AM
It says

staemcomuninty...

It's missing an m and has an extra n in a random place. You could try sounding links out (if you can) for things like this as it'll help a little for preventing phishing attempts (just a general suggestion not directed at op but the community in general).
2726  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Looking for Crypto Exchange for Margin Trading with high Margin amounts on: January 08, 2021, 04:10:58 AM
Binance have ocean up to 50x (is that what you mean by k)?
You just have to select "futures" instead of "margin" I think they've overcomplicated everything so much they've even managed to confuse themselves at this point considering those two things aren't integrated...
2727  Other / Beginners & Help / Re: btc - need help on: January 08, 2021, 03:27:15 AM
I don't see any volume on bisq?

Other noobquestion.
Where do I send my stablecoins too? Where do I make a wallet ?

On the client you don't see any volume or elsewhere? I think dexes are fairly experimental and not so trustworthy atm.

You could try a site like binance to convert (I've put a few btc on there and been able. To withdraw - not sure what their limit is now though). 

For stablecoins, a lot of them are on the ethereum network so you could go to myetherwallet or metamask (if typing into a search engine pick the first result that isn't an ad).

You're going to want to buy some ethereum at the same time and use it to fund the account you've just created as you need thst for PAYING FEES when you SEND a transaction from your new account. Also remember to withdraw from an exchange using the erc20 option on the withdrawal screen if one applies.
I normally send small amounts to and fro in both instances (btc and stablecoins to and from the exchange to your wallet) once or twice just to check I'm confident in doing it with larger.

If you're going to be doing this with what a hacker/scammer might consider valuable you might want to invest in a hardware device like a trezor (trezor.io) - alternatively there a guides for how to make one out of a raspberry pi using open source software for a few hundred bucks.
2728  Other / Politics & Society / Re: Canada $6000 fine if not following 8pm-5am curfew on: January 08, 2021, 03:17:53 AM
No, it does not. At least, not directly. The theory is that people will be prevented from partying, because of the curfew.
But by instating a curfew, the same activities are going to be compressed into fewer hours, which increased the chances of transmission.
Canada is run by authoritarian neo-marxists, so don't expect them to think deeply. You just have have to shut up and obey.

They did mention it just being Quebeq and they're normally a state in Canada that stands out a bit as being different from the rest (eg they speak French more according to what I've experienced). You can only have a country that isn't authoritarian if the population is low (3-10million) otherwise someone's going to feel disenfranchised with how a government acts). Corruption also seems lower for smaller countries too (eg the nordics and new Zealand v Germany, the Netherlands and the UK).

Canadians finish partying before 5am?
2729  Other / Beginners & Help / Re: btc - need help on: January 08, 2021, 03:05:19 AM
Hodlhodl or bsiq exchange will be good to sell Bitcoin anonymously, you can also use ithis exchanges to buy Bitcoin without no kyc.

In addition to this: bisq has limits on how much you can trade for fist but I don't think it has them for stsnlevoins (could be wrong though.

When picking a stablecoin, please do your research to determine which is best as done are shadier than others (for example I'd personally stay away from tether/usdt).
2730  Other / Beginners & Help / Re: Casascius Coin (2011) on: January 08, 2021, 01:57:15 AM
I wouldn't be certain of it but I'd imagine as bitcoin increases in value, the market for these sorts of items will also increase in size big enough to absorb it.

They also can't be worth less than the current coin thats loaded on them as you could just sell that coin and its forks instead at some point.
2731  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest in protocols rather than a project on: January 07, 2021, 11:56:12 PM
Invest in the TEAM. OR if the team has a well developed protocol then you can invest in the protocol.

Since most things are released open source and unpatented in this space (especially the stuff that's successful) be sure you're investing in something thats fully functioning, with a good protocol and that has a good and active team that can patch its security flaws quickly if they arise.
2732  Other / Beginners & Help / Re: Casascius Coin (2011) on: January 07, 2021, 11:47:18 PM
I'd leave it intact. You might be able to get 1.05-1.15+ for it though if you did want to sell it.

They're a decent collectors' piece though imo so I'd hold onto it unless you need the money.
2733  Economy / Trading Discussion / Re: What type of trading is preferred for beginners who just started in the market on: January 07, 2021, 11:32:11 PM
If you can't control your greed then just stop trading. There a a lot of people that, if just had a little more control of their greed, would be making decent profits but now are dojng worse than those who just hold a fund or item.

If you wanted to "bet" bet your profits on the days you don't think the market will likely follow your trade. Then you're still making something or at least only losing 1/4 of your profits from the previous day (assuming 1 day of profitibility brings 4 of losses as a new trader). . .

If you can get any good at TA I'd suggest looking at the 5-15m chart once every 3-4 hours and predicting where you think the coin will go next after drawing lines on it - you only trade the most desirible of these though (ones where reward outweighs risk enough) and obviously only do it thrice at most a day

In some cases it's also not a bad idea to run with profits (haven't tried it on btc). I had a position open that offered a 12% target and 8% loss but I cut it off at 4% and sold because a 4% profit is still pretty decent for a few minutes...
2734  Other / Politics & Society / Re: Canada $6000 fine if not following 8pm-5am curfew on: January 07, 2021, 06:52:15 PM
Does a curfew help prevent the spread of the virus? (assuming this is directly virus related).
I often go for walks very late or very early when there's few out just because there's less people out and less chance of catching or spreading the virus (for obvious reasons) - how is going out between those hours going to do anything other than mean everyone's going for walks/shopping etc at the same time because they have a smaller amount of time to do it in.
2735  Other / Beginners & Help / Re: beginners. Understanding bitcoin private key on: January 07, 2021, 02:32:43 PM
Can you see a balance in mycelium? If not then you might have found a key for the wrong thing or something. How did you go about finding the key, was it in a file somewhere or something?
2736  Economy / Trading Discussion / Re: How do you deal with 'Selling early' regrets? on: January 07, 2021, 04:16:06 AM
If I trade using TA I expect my target to be passed .og its only passed by 20-50% I give up for the day because I'm not accurate enough to continue.

If you managed to catch the top exactly in a repeated number of times (or extremely close to it) I'd advisd you stop trading and reevaluate  your strategy. A blowoff in either direction should've been factored in.

This also accounts for long term trading, if you sold at a profit why do you care you could've made more on it? You haven't and its over just move on. If you're really annoyed then go back and reevaluate how likely you think it was that it would've gone up from where you pulled out and decide whether that's something you need to think about.

Pulling out early is a safe option. And is encourage able if you trade often or not picking a safer option increases your likelihood of being profitible long term.
2737  Other / Meta / Re: How about new sub section 'Investment discussion' on: January 07, 2021, 04:10:02 AM
I think it'll look like something that encourages ponzis to be created or shared and dupe newbies that are unsuspecting (eg: btc 2xed in a few months, perhaps there was a hack on the network or something...)

Most of the stuff related to service investments is posted in service discussion which is probably appropriate and enough for now.
2738  Economy / Speculation / Re: $80k within 6 weeks, new ATH October 2021 on: January 07, 2021, 04:06:24 AM
Just recently I made a post on how people can't predict the top very well because the last time we had a rally we seemed to go a bit like 10k->17k>13k>20k so a similar thing is probably likely (got a feeling these were a month at least a part from each other too though I don't remember the numbers exactly).

I barely participated in the last tmone though, just sold once we'd stabalised around 6-7k and bought back later (2018).
2739  Alternate cryptocurrencies / Altcoin Discussion / Re: Calculating how many Altcoins can be bought for $20 on: January 07, 2021, 02:00:37 AM
My answer is at the bottom

~snip~

I thought op quoted the price in btc?

Let's say I wanna invest in DOTBTC.
The price is 0.00027360.

I wanna invest $20.

How do I work out the amount of coin I should be buying given the current price?

JH

You'd do a calc of
$ to invest/(btc price x price of coin).

For example: $20/(37000x 0.00027360)=1.975 coins (in dot)
I just checked binance and their usdt market is trading at the value I got for each dot coin (or close enough considering).
2740  Economy / Speculation / Re: Crypto just hit $1 trillion market cap! on: January 07, 2021, 01:18:13 AM
I get btc at $777bn now.

I expect bitcoin to overtake amazon in market cap next year, that's my hope.

Congrats all

Well on our way to the expected 12 trillion

12? I'm expecting 6.5 with btc at some point, haven't thought as high as 12 yet?
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