I don't know what exchange that OP talking about is and might OP shilling this exchange for some reason. For me, the exchange mentioned by the OP isn't popular and I think it seems the same on the reputation had. There's no really safe exchange platform or what you called the best platform, learn not to leave your fund on the exchange if you're afraid about the security. - AML or KYC - The reputation of the crypto exchange platform - Security aspects - Available in your country - Trading fees - Cryptocurrency availability
In addition to choosing a good exchange, - Volume and Liquidity - Easy to use
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Any trusted members that come from on the list of forum escrow given above might consider as a good escrow, active, reputable, and have the credibility to hold a huge fund. That's how will you pick a good escrow. Handled many projects at this moment will probably good to deal with.
But still, you can do your own research, is what I can suggest for there are lots of individuals or companies who offer escrow service yet can't be trusted and they will make sure to keep their identity secret so they can easily lure someone and get scammed. However, there are suggestions that have been given on this post and you might consider checking their background before availing of their service but of course, the reality remains that entrusting your money to a third party is always a risk that you will take
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75 - sheenshane
Thank you.
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The decentralized nature of cryptocurrencies wouldn't get affected by any president in any country in terms of legalization for IMO. When we say legal it automatically subjects the thing into government's law and that will make it tied up to any government institution as cryptocurrency will become under the central bank, and because of this we just need to wait and see who among these current presidents around the globe will make Bitcoin as legal and know the jurisdiction they will be implementing on it.
Regardless of whose ever will be taking the presidential post, the only thing they can do is to implement some rules and not legalizing it because the ideology of Bitcoin is a decentralized currency and couldn't be subject to the jurisdiction of any central bank.
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I would also say no because it's not a physical thing that you need to deposit on your trusted bank instead you will only give them access to your crypto and provide security on it. With a custodial wallet, there are some advantages that you may consider like in a sudden death then the custodial wallet can give access to the legal beneficiary of the owner.
However, IMO I will also suggest a noncustodial wallet because with this you will still have full control over your property deciding on how and when to spend it and be liable for any possible loss of your own private key and finding ways to retrieve it.
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It is not just USDT but also all stablecoins that got attention as well. I know people do not like to talk about defi projects like they are a big deal but we are talking about stuff like DAI that got a lot of attention as well and when DAI got that much attention the same principle as USDT causing bitcoin to go up did happened for DAI as well, people got involved with it a lot just like they got involved with USDT and that could be a reason why bitcoin prices went up a lot quicker.
I tend to agree, that one of the reasons why USDT and DAI have a great impact on the Bitcoin price is because it's easy to access to reenter in the Bitcoin. However, this may not serve as a basis nor an indicator since we are talking about bitcoin value. On the other hand, probably with the trend that was posted by OP, we can't assume that because of USDT it will be consistent in the increase in Bitcoin value and there are a lot of factors that can affect these changes like with Paypal's acceptance of Bitcoins or the recent event the presidential election, besides, we can only speculate on the trend and become complacent on it.
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these days I'd say in crypto Fundamental analysis is way more important than TA, technical analysis never worked that well on crypto market from the start
I won't agree with this statement, it should be both the TA and FA are very helpful stuff analyzing market price. IMO, I use both because I think it's beneficial to all the traders and the only thing that matters is your own approach in trading. Sometimes it also depends on how well you understand these analyses like in the case I often use TA because it gives me more accurate information on the trading flow. And also, it can be used to confirm anticipated trends when will be the best time to trade and when it is not, but of course, the reality is still the same that in trading we always live in speculations and we always rely upon our own judgment. However, both of them have pros and cons to consider but and I think if you will use TA and FA altogether, there's nothing wrong with that. The debate over the two analyses was always there, but the fact that it will depend on how you will use it.
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I really don't understand why Biden will have an impact on crypto though, let's all assume that the US President will not do any drastic or hard line stance on bitcoin. They have their own agencies like IRS, SEC and other others that will take care of everything related to any other form of investments. So I guess it about time to stop this whole speculation on Biden winning the Presidency and it's impact whether unclear or not to the whole financial markets.
There is, it will depend on the action he has towards Bitcoin and other cryptos. I tend to agree that as of this moment time the US newly elect president Biden may not focus on Bitcoin nor any cryptocurrencies but later rest assure he will still make some actions towards it. Though his actions whether positive or negative it will only have less impact globally for bitcoin is a decentralized currency and will never rely on the president's acceptance but if in case that Biden will legalize bitcoin in the US it will be advantageous to us for it will be hype for global adoption. As of now, there's unclear action yet but let's do hope it is in favor of the cryptos side.
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There are so many ways for an individual to cope up in any stressful situation, either negative or positive way will do as long as it will help us recover from the pain that we have gone through. The same as with this pandemic some people use the situation to discover their capabilities in order to survive and IMO, I can't blame OP if this is his way to recuperate in this pandemic.
Moreover, it might also be true that some politicians are also using the pandemic for their own good but the reality remains that ordinary people like us suffered the most and we don't have any means of stopping it instead we still need to rely on our government about this situation by adapting to the environment and society that we are in. Who really knows, they are on top of us and we really don't know what's going on, as long as we follow what our government implementation.
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-snip- eToro's trading volume with stocks and crypto as a whole is only minuscule; and no one is being forced to copy-trade on eToro. It's just an option.
I agree. I think eToro is exactly what the OP asked for. You can not only copy (known) traders in crypto markets but also in classic markets like currencies and stocks. I tend to agree with you both that using the e-Toro exchange platform for copy trading is the best choice. This trading platform is good for social traders, it means that they are new in trading that didn't have much experience in trading. Through the feature that E-Toro has, copy trading is very suitable for beginners who want to learn in trading. But there's a disadvantage using this exchange, the forex fees are very high and the $5 for the withdrawal fee is very slow. However, there's a minimum before you can start to trade there if you have $200 that willing to risk, you can start trading.
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That's the problem if we are using CEX for crypto trading, there's a big chance that the exchange site will reveal your real identity. We can't blame the country of Canada because since the start they are against and fighting fraud activities in their country. Tax evasion is one of the very common problems of the government, of course, they need to force implement this for the sake of economic growth.
If you don't care about your government and evade tax, there's no reason you will use DEXs in trading. It's completely anonymous that will never reveal your real identity once government confiscates on exchange.
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I am not against using centralized places when we need some services, sure use paypal to pay for stuff with crpto that is fine, but to let them keep all of my money? I am not sure if I am comfortable with that at all. Hence I think the payment process should be used and paypal is great at it and everyone uses them, but that should be it, nothing more than that should be used from them.
I tend to agree with you on this statement. Paypal is just a payment processor who adopts Bitcoin as a part of payment but it doesn't mean this is your wallet that might hold a huge fund. It might you will have a fake amount of Bitcoin in your Paypal account that doesn't have an effect on the Marketcaps, the same as the custodial wallets that they had their own hot wallets as the main receiver of any amount transfer. But Paypal was totally different because you can't even transfer your Bitcoin into other addresses, which means it's pure for the purpose of payment processor. A good benefit for Paypal accepting Bitcoin is the awareness of people, if they will understand how Bitcoin works, for sure they will find ways to hold Bitcoin together with the key.
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I am not sure, but is it feasible to prohibit the posting of QR codes? it's a little more complicated to catch BTC addresses from images.
I was already tested and it was successfully tweeted the image that has a QR code and has a Bitcoin address above. Probably the bot will be detected in tweet post if you will manually type the random strings of letters and numbers that considered as a Bitcoin address. So, it might be the hack will happen again through posting image of QR code or Bitcoin address through images. Do you think this is a good decision for the Twitter team? I think that isn't, because the hack happened was because of their weak security level that called, social engineering attack. They shouldn't blame posting the Bitcoin address here nor improve their security level that never been hacked again.
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The Bitcoin price movement considered unpredictable, it could be yes or maybe that Bitcoin price will break the highest peak that happens the last few days which is hit and plunged the $15k price. There are various predictions and analysis out there, but no one of them has a correct forecast upon predicting Bitcoin price. Even though claiming themself as an expert of predicting price, that's not a guarantee that they always made the right prediction.
Right now, much better if we will wait patiently. We know that Bitcoin continuously growing up most especially if there's a big event just like the recent happened, the presidential US election which is had a big rumor that it will have a big effect on the Bitcoin price and now, we have been witnessing the sudden growth.
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I agree that android wallets are the easiest way in storing your Bitcoin or other crypto assets. But I will never consider this as storing a huge fund, hardware wallets are still the best for the large transfer and for the long time holding of your assets. There are too many circumstances that may happen while holding a large number of a crypto asset in your android wallet, it might be easy to compromise or might your device goes missing while in your pocket and it is easy to access your private key. Younger generation prefer mobile computers in their pockets rather that desktops or laptops.
But still, that isn't advisable. For Electrum desktop app version is better than the android app. They should know and understand the risk that I mentioned above. A small amount can be considerable while in the android wallet, but if that is thousands of dollar worth, a hardware wallet is a must.,
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What's the best DEX trading platform which can compete with centralized platforms like Binance,.
Why not choose Binance DEX? All good DEX's was mentioned above like Bisq but have you tried Radar relay? This is also a DEX that mainly supported Ethereum to trade and it has advantage features that almost the same as CEX. Like, - High liquidity
- Crypto Trading options
- Security
- Customer support
However, I still prefer to use the CEX exchange. Good choice for Binance and for quickly purchasing cryptocurrencies, BestChange is the best for you.
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I don't believe this since I never encounter such issue. I'm always change my device upon using binance since I'm a traveler but it never happen to me. Maybe there's a deep reason on why your account is been block that's why those issues occur to you. Just contact the support and ask about what happen to know the answer on why those things happening on your account.
I tend to agree with you since I have also an account on Binance and I can able to log in using different wifi with a different location (in my office and at home or even in the house of my co-worker). I suspected that OP's previous device was using a VPN (knowing or without knowing him) OP,s continuously using this. That's probably not a problem, you can contact the support and ask for a resubmit of KYC again if needed for personal verification. I think they can help you out there since they are a big company that cares about the reputation they had, it might no shady things will happen I guess. Technically, no one will help you here aside from advice and speculation of what exactly happens, instead, contact the support of Binance and submit your concern.
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I think this should be posted on the Speculation board. It could be yes or could be no, no really knows what will happen to the price of Bitcoin at the end of this year. Repeat the price itself was a long time rumor that will happen again. But I have a strong feeling that it will be, we had currently broken and resist the highest price in the market cap $15k last few days ago and I think $20k is very possible to happen. Let's see and wait, people now are very optimistic that there's a new ATH will happen beyond $20k.
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I'm in the middle of agreeing that Bitcoin will have an influence and none in the global economy. Bitcoin as of now is being viewed as an unregulated and informal type of store of value. However, there is a least but possible that it would be considered by the global government.
Simply comparing it to vape. An innovation to kill the very alive industry of tobacco. However, since vape is not that regulated compared to tobacco, the government views it as something that is not supposed to be promoted, IMO.
But we will see soon. Let's go and wait for the next 10 years! Let's just stay here.
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I understand your frustration and let me guess why. But first, let me ask you a question.
Have you ever held bitcoins good enough to sustain your 10 years of living? If not, then that might be one of the reason why you hate it. You never had a single Bitcoin.
Psychology basis, you're just hating things you can't have easily. You're the one who lacks empathy and the one who has greed issues. Because you're too impatient, you can't have what you want and the only option you have is to hate.
Show us your resources, we will be more than happy to read. You should study about how fiat is being created first, especially the early days. Also the coins that our minerals are on expense and then go back to your topic.
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