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It depends on one's strategy and target price to take profit.
For example if a trader shorted today from 68K to 66.5K, they would have made some quick profit from the short slump. Those who have much lower target and are using super high leverage would obviously get easily burned.
Personally, even when I know we are in the bull market, I still find it easy to short than to long.
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Most of today's miners usually buy and sell ASIC miners through Ebay and Amazon. In the e-commerce market, these are the 2 largest e-commerce sites in the world, but the prices are very high.
Alternatively, you can also order an ASIC miner at the Bitmain homepage. The types of coin miners here are sold at a much cheaper price.
Despite being the 2 largest e-commerce sites, I still wouldn't trust the ASICs sold in them, just like those sold in Alibaba/AliExpress. They could be faulty or not what you expect. In most official sites like Bitmain, the miners are already sold out. |
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The Chinese mining ban forced bitcoin miners to find new countries to instal their operations and the middle east may turn out to be the best option.
Yes, it may be suitable as you said Saudi Arabia, Dubai and some other countries are the choice for miners. But what I want to ask the OP is, what date and month news, the ban on miners in China, as far as I know it has become stale news, for miners in China, As far as I know, China currently doesn't care about miners anymore, even though there are shrimp behind a rock. China is currently busy with digital money (yuan), so they don't care about crypto miners there anymore, we never know about miners there, the strange thing is, the miners don't complain about it, instead the other members on this forum, who enthusiastically complain on the forum, in fact never know the rules are real or not. As far as I know, the crackdown on Miner was serious and being a country that gags freedom of speech and other forms of freedom, it was easy to believe that China could actually carry out a crackdown on miners there. There was a spillover effect on the Bitcoin network hash rate if you noticed it during that period of time. |
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Does it make any sense to spend money on T2 ASIC miner in this period of time? I am offered 1100$ for each, is it worth spending money on or it's a waste of money?
Another question to ask yourself is, do you trust the person or store that's selling you the ASIC? Is a friend or you saw it in some random online reseller's website. Why are they selling it if it can make money for them. Most scams have be orchestrated by players who sell miners at attractive prices. In most cases it's either a scam or the miner is faulty. |
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I think it is a good decision to do ethereum staking if you strongly believe in it and you have ethereum that you don’t use.
Naah, I think I would rather use the 32 ETH to trade even on spot market. I can make far much more than I can earn in staking rewards  |
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I have come across metatrader several times, but I haven't actually used it to understand it completely. My question is what's the difference between Metatrader and the crypto exchanges?
What advantages do use brokers in Metatrader have over trading directly on a crypto exchange.
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Slightly different from the squid game token but hey, they are all scammers  In case anyone doesn't know. Squid game token recently pumped I think by over 40,000% in just 72 hours and as the price spiked, traders were not able to sell the token and then a rug pull happened  |
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Here is another site https://asicway.com/Selling the same new miners as the on in the OP. Domain data Domain Name: ASICWAY.COM
Registry Domain ID: 2629789172_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.publicdomainregistry.com
Registrar URL: www.publicdomainregistry.com
Updated Date: 2021-09-26T03:02:10Z
Creation Date: 2021-07-27T20:20:40Z
Registrar Registration Expiration Date: 2022-07-27T20:20:40Z
Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com
Registrar IANA ID: 303 It's very likely, a scam site copied from another scam site domain data Domain Name: cryptoprofit.live
Registry Domain ID: 83556235f8ab4fca8cabbe47c6dbb487-DONUTS
Registrar WHOIS Server: http://www.hostinger.com
Registrar URL: http://www.hostinger.com
Updated Date: 2021-10-30T14:19:30Z
Creation Date: 2021-10-20T18:20:44Z
Registry Expiry Date: 2023-10-20T18:20:44Z
Registrar: Hostinger, UAB
Registrar IANA ID: 1636 |
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In your case it's OK, so long as you are genuinely inquiring about something and not trying to spam. The only problem is getting a response from members who used to follow decentraland may take a while. I suggest if possible, just contact the decentraland support and community through social media to get swift help 1. https://dcl.gg/discord2. https://reddit.com/r/decentraland |
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Blocks are created at an average time interval regardless of how many transactions it carries. It is comparable to a train leaving the station at a specific time, whether all the required passengers have boarded or not. For example this block has only one transaction (which is a transaction for the mining reward) it's considered an empty block as far as other transactions in the network are concerned. |
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You are probably focusing on the POS coins that are being hyped right now like the Solanas, Polkadots, Lunas etc so there is a feeling that POW is missing a big share of the hype, but It doesn't mean GPU mining is dying. New coins that can be mined by GPUs today and seem less profitable could be of so much value tomorrow. I think being among the early miners of the coin and patience is part of the game.
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I'm not sure about BitMEX specifically, but AFAIK, most exchanges out there allow you to deposit and only ask you to verify your identity when you're either trying to trade or making a withdrawal.
Yeah, most exchanges do that, but it's a little different for Bitmex especially when they started enforcing strict KYC requirements about a year ago I have just created a throwaway account and can confirm that one cannot make a deposit until they first verify  |
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I only used Binance for trading some major coins especially those who aren't erc20 and any l1 metamask package tokens. I have coins which have different chain that isn't present on some exchange or likely I don't trust some of the platform offering trading. Been binance users for a long time, and indeed no problem at all but minor issues which I could understand. So to say I'm not a wise trader? I don't think so, it depends on someone preference how they could handle such risk or factor.
Hey, I haven't insulted any trader still using Binance and haven't been fucked up by them yet, if that's how you might have interpreted it. All I am saying is that it's about time traders who are aware of the direction things are headed in binance start looking past it. For example, ask this chap how they feel about binance right now, and we are all sure what his response might be. |
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More than 1000 BTC in your accounts yet your accounts weren't verified?
How was that possible now that Bitmex have been having strict verification requirements for almost a year?
My suggestion is you keep pushing Bitmex support until at least they tell you why they blocked your accounts, that is, if you genuinely acquired the BTC. No one is going to help you here about that issue.
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This happened 5 years ago. If the people who wanted to get refunded then did not manage to succeed, then I doubt you will, especially after that very long time. The trail must have gone a little cold now and most people have probably already moved on There is a Facebook page that seemed to provide updates but then the person behind it also decided to advertise another potential scam https://www.facebook.com/findhashocean/ |
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Why look for traditional brokers, yet you can use crypto derivatives exchanges?
Depositing and withdrawing assets isn't a hustle like with some brokers.
Instead of Bitcoin futures that can expire, the derivate exchanges also offer Bitcoin perpetual swaps that don't expire, which I believe will interest you. Check out platforms like
1. Bybit
2. Bitmex
3. Binance
4. Kucoin
5. Okex
6. FTX
7. Phemex
8. Huobi etc
I hope you are not from a country that bans trading derivatives.
Also, not that crypto market is very volatile unlike other financial instruments. The profits may seem very easy to make, but so are the losses.
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Binance lost it a long time ago. I see people complaining about the exchange freezing and having their positions liquidated as a result of not being able to put stop loss orders. A wise trader would avoid Binance and look for budding but reputable exchanges.
Also, Never use an exchange as your wallet. Anything can happen.
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Members beware of this fake miner and Graphics card reseller. They claim to have supplies of the miners that are even sold out from the official stores, and their website is also less than 2 months old. More details in this thread - https://bitcointalk.org/index.php?topic=5368665.0 |
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Binance is gonna ban derivative instruments in my country by the end of December, because regulators here apparently care about my financial wellness, *read with sarcasm*.
So, knowing all the risks that such instruments can entail (especially with leveraged trading), I was wondering if using a VPN could still let me grant access to derivatives, because I don't know if, even when I'll try to log with a VPN, the system will recognize that my account is registered in a flagged country and still won't show me those futures.
Before using Binance to trade derivatives, you had to first verify your account.. Yes? Using a VPN is not subtle at all since Binance already know which country you are based in. Just try out other exchanges that have not yet banned your Country is there are any. Move on from Binance if you want to trade derivatives. |
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While I was browsing the forum today, I came across an interesting quote from a forum about bitcoin user security. Previously I thought the forum ad field would only be filled with ads from various gambling site or altcoin projects, etc.
The feature has been around for so long. They are factoids which include Interesting facts, useful info, funny quotes etc Out of 10 slots given for adverts, 1 slot is reserved for the factoids and the chance of seeing a factoid is 1 in 630. That's why it hard to come across one. If you are interested in seeing more factoids, check here https://bitcointalk.org/adrotate.php?adinfo |
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