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3001  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH ideal transaction fee using MEW? on: November 20, 2020, 09:30:04 PM
^ That is very easy, higher your gas and you will be able to transfer your $50 into the other wallet, but if this is not having an extra amount to cover the fee, it will automatically deduct to your final balance. Just check always the network condition of ethereum on this link, https://etherscan.io/chart/transactionfee. If this has heavy traffic, that is expected that you will pay a high amount of more than $1. Nevertheless, all you wanted to know was given above, probably you can now lock this topic.
3002  Economy / Economics / Re: people stop complain about economy and ccovid on: November 20, 2020, 08:39:25 PM
i cant see this , we all knew that one day the music will stop !
we all knew that now it is we all knew that the economy crash was coming anyways with covid or without covid.
stop thinking like if you are normal hard working person your life is secure its not like this !!
best security is your own knowledge and information.
^ It seems I got your thought and you are definitely right. Being hardworking is not enough to secure your future, we should find alternative ways that we can earn in the future, if there is an economic crash at least you have a backup and you will able to survive until it will be cured. Investing in bitcoin is one of the examples, even though there is a pandemic, bitcoin price was proven that pandemic and the bitcoin price did not have a correlation between these. Nevertheless, there are too many ways to secure your self, just be ready at all cause.
3003  Bitcoin / Bitcoin Discussion / Re: How to securely store your Bitcoin on: November 20, 2020, 08:26:35 PM
The best way to secure your bitcoins or any other cryptocurrency is with a hardware wallet.

Exchanges have their role, but keeping your coins safe is not their main business.

Leave the amount of coins necessary to operate on the exchange and keep the rest safe in a wallet.
^ It is quite safe but it is the same vulnerable from the hack, why? Because upon opening your hardware wallet, you need a wallet application that comes from your device and can be trusted to open your hardware wallet. Any wallet can be vulnerable but if you have knowledge on how to secure your bitcoin safe, then you will be fine. Nevertheless, if you know how to create a paper wallet, that is better of all. But if you are a newbie in making on it. It is very crucial for you because making a paper wallet is very sensitive. However, I appreciated the article it is a good suggestion but hopefully, OP did not shill this website.
3004  Alternate cryptocurrencies / Altcoin Discussion / Re: Difference between BTC/USDT and BTC/USD on: November 20, 2020, 08:17:50 PM
^ That is a very simple question. USD is a fiat currency that has supported by the bank or known as here fiat while the USDT is the digital cryptocurrency that back by USD value and the ratio is 1:1. If you wanted to know which exchange that has supported with USD withdrawal or deposit, here is the list and kindly check all of them. https://www.bestbitcoinexchange.net/usd/, I recommend Binance. Nevertheless, if you are using USD for sure it will be linked to your credit card that probably your real identity will reveal.
3005  Economy / Speculation / Re: Bitcoin will be hitting to $35000 soon - Buy it today!! on: November 20, 2020, 12:48:04 PM
if just speculating this is very dangerous,
if you have a reason why Bitcoin can go to $ 35k I think you should share it here,
I myself can't believe Bitcoin can go up to $ 35k, but for $ 20k I believe.
^ Why not? There is no specific date given by the OP. It was stated "Soon" and it could be next year or after the next 2 years which the price of $35k is near the realistic price that it could be hit within this year. We will never know what really happens and every one of us can freely give a prediction and prediction will remain speculation that we did not know it will give an accurate result of forecasting the price. Nevertheless, regarding buying bitcoin, it is not too late, we know that it will grow up more since we are now in a bullish trend.
3006  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why can't the current Ethereum price keep up with the Bitcoin price? on: November 20, 2020, 12:37:01 PM
The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet.
Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all.
^ Definitely right and the fact that ethereum did not have a fixed amount while bitcoin has a fixed cap in the market. There are too many differences between them. It is surely ethereum will never grow up like what bitcoin price did, it totally different if the coin is fully decentralized than the centralized one. Probably, no one will want to hold ethereum as payment but it is useful for those who run projects defi.
3007  Bitcoin / Bitcoin Discussion / Re: Which is more important bitcoin or fiat? on: November 20, 2020, 11:51:10 AM
^ Why people keep comparing the cryptocurrency and the fiat currency? You can't compare them because they had different roles from us. We know the fiat existence and we also know how important cryptocurrency, we can eliminate any of them, instead use them for a different purpose. They are both important in different aspects and they had pros and cons to us. Nevertheless, let us do accept the fact that bitcoin will never replace fiat and bitcoin is always an alternative choice for a payment method.
3008  Economy / Trading Discussion / Re: How do you define a good exchange? on: November 19, 2020, 10:55:32 PM
Security will always be the top priority of every trader, after that liquidity, transaction fees, design, and customer service

But for a newly established exchange, customer service will be the key to building a reputation.
The prompt and responsive interaction of customer service is essential. They must ensure that all problems faced by traders (customers) are resolved quickly and precisely.

^ If the decentralized exchange has a good liquidity and trading volume, I prefer to use this rather than on a reputable exchange. Because there is no good centralized exchange as of now, they are all vulnerable to a possible hack that most popular exchange has been done lately. Some traders are no choice is to grab the opportunity and willing to risk their money sending on the centralized exchange that could probably lose any time when the hackers will attack. For now, so far, the Binance exchange is good because they had secure your fund and below 2 bitcoin you can able to trade without having KYC.
3009  Economy / Speculation / Re: Will Bitcoin be Trade at $318,000 by End of 2021? on: November 19, 2020, 10:43:22 PM
Bitcoin now reached $18k value which is near at the last ATH value. However there are some people that predicts more than the value of last time ATH.

Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021
^ That prediction is too far for me. Probably it will happen but not next year, 2021. We did not reach yet the $100k and if the new ATH will break into a new resistance during the year-end, probably there is a chance. We are getting there for sure but that is too early for bitcoin to show a massive increase. Nevertheless, there are too many predictions on bitcoin that I had read, they had different numbers had to choose from, and happy to see that they all have a very optimistic prediction for next year's bitcoin price.
3010  Economy / Trading Discussion / Re: Which is the secret to success in trading? on: November 19, 2020, 10:12:20 PM
Success would particular talk about;

• Hardwork, patience, effort, mistake acceptance, doesnt chase up losses, always stick to plan.

When it comes on secret then theres no secret but there are characteristic on which someone should have because you wont survive into this market
if you do lack these kind of mindset or qualities then expect yourself to fail.
^ This is definitely right, the truth and the fact. Hardwork and patience are the perfect instruments to gain profit in trading, hard work that includes your technical and fundamental analysis so that you can predict the market near close to the real price and patience when you execute trading and need to have perfect timing upon riding on the volatility of the crpytocurrencies. Because when you know how to have a perfect move when the price fluctuates, there is a big success waiting for you ahead. Nevertheless, I don't see there is a secret, probably the real secret was I already mentioned.
3011  Bitcoin / Bitcoin Discussion / Re: Can bitcoin make someone the richest in the world? on: November 19, 2020, 10:01:01 PM
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
^ There are too many ways to make us richest, not only in bitcoin and also not only in fiat. It will depend on us how to manage our investment will grow faster and earn massive profit in a short period of time. Probably he is good at managing business and investing in crypto compared to physical investment are the same risk and also the same need to manage so that it will work. Nevertheless, there was a thread before that there is a young boy who owned hundreds of bitcoin that came from his grandma, as a birthday gift when the boy was young. Do you think he is not one of the richest people by now?
3012  Economy / Speculation / Re: Bitcoin bullrun and correction period on: November 18, 2020, 11:54:29 AM
i saw a post in facebook saying that :
#BTC
#Don't wait for 20K!
#Sell before 19k!
#wait under 16K!
^ Its a FUD. For me, history repeats itself but once we learned our mistakes in the past than we already know how to avoid them. Many had failed in the bull run last 2017 and rest assure they exactly know now what to do just not to commit the same mistake from the past however, we can't insist to everyone when they need to sell their bitcoin because they have their own reasons for doing so in fact if a small-time investor will sell his bitcoin as of this moment it will not bring huge impact at the price since the demand is continuously growing which makes me think that correction probably not happen either before or after the bull run. Nevertheless, If whales will not do any manipulation on the price I speculate that the price will continue to increase and can go beyond $20k in the soonest time.
3013  Economy / Speculation / Re: Congrats to everyone for reaching $20k again. on: November 18, 2020, 11:43:37 AM
^ Congrats to us. But panic selling can definitely ruin the possibility of reaching $20k in the soonest time but we can't blame those holders if they sell their bitcoins for they are experiencing FOMO and since we all know that bitcoins remain volatile as of this moment with the sudden move of whales the priced may be crashed anytime. Nevertheless, due to the mass adoption of bitcoin we can experience again the ATH for the demand keeps on increasing because large companies like Paypal already acquire bitcoin in their services and more people become aware of it and started to invest in bitcoin which could be the lead contributor for ATH not unless whales will act and make some manipulation on the price.
3014  Bitcoin / Bitcoin Discussion / Re: What will happen for Amazon to accept Bitcoin? on: November 18, 2020, 10:31:28 AM
what will happen? of course this is very good news if Amazon accepted Bitcoin,
after Paypal then other institutions will look to Bitcoin, and now the Amazon rumors have come,
if this news spreads on various social media, then it is certain that the Bullish will continue! and Bitcoin new all time high!.
^ That was good news rather. It is their lose if they didn't accept bitcoin or another cryptocurrency as early as now, but I am pretty sure that soon they will since other large companies have started acquiring bitcoin in their services or probably just like Facebook's project Libra they might be developing their own altcoin as another form of payment which if it happens surely it will be widely accepted in a blink of an eye. However, if Amazon will accept bitcoin as payment in the future that would mean a great mass adoption, and surely the bitcoin value will increase as high as it can almost reach the moon for the demand in bitcoin will also increase if at least half of the Amazon customers will use bitcoin by then.
3015  Economy / Gambling discussion / Re: Gamblers lose more money than win. on: November 18, 2020, 10:23:29 AM
True. Not everyone wins when gambling. But, its not always that gamblers keep on losing money. There are also people that have won some quite good amount of money gambling. Look at those lottery winners. I doubt they have lost a "lot of money" than they won.
Remember, casinos have house edge. So in the long run, it is the casino that is going to win everything. If you make profit, take it instead of gambling with your winnings. If you keep on playing you will eventually lose everything. If you lose and you can't afford losses anymore, then just stop.
^ The factors listed are the general and most common however there are also few reasons why gamblers lose more money than winning like peer pressure that you already knew it was not your lucky day but since you are with your colleagues you can't stop gambling because of them and it happens oftentimes because you keep playing with them. Aside from these other reasons could be available in gamblers' time and reducing boredom. Nevertheless, emotion is the lead factor that made gamblers lose more money than their winning because if you will try to do a deep thought on this it will still provide you one thing that all gamblers who experience this are those who are not able to manage their emotion or behavior towards gambling.
3016  Economy / Gambling discussion / Re: Gambling Gang uses crypto for illegal purposes on: November 18, 2020, 07:40:22 AM
^ Outlawed and criminals can really use bitcoin and another cryptocurrency for their illegal activity such as money laundering for there is no way to track who owns the particular bitcoin in the circulation unlike with fiat it can still be tracked because it is centralized. With regards to the concern of OP the blame should not be given to any cryptocurrency nor the gambling activity instead it should be with their government since they made a law making gambling illegal but they should have supporting regulations or at least amend it in a timely manner that can minimize all the consequences subsequently and not just to blame anyone or anything for the shortcoming on this law.
3017  Other / Archival / Re: CitiBank & Report about Bitcoin: 21st Century Gold on: November 18, 2020, 07:30:39 AM
^ The best thing that here is that the future for bitcoin is almost at hand since more and more banks are starting to adopt it in their company. As a form of promotion to cryptocurrency this report from Citibank will make another huge leap for cryptocurrency and will make a way for it to be embraced by everyone which leads to global adoption. Though there are also disadvantages on this like more hackers and scammers will come especially if the bitcoin value will really reach a hundred thousand dollars and even the government of every country will do everything to have control over it which may break the idea of decentralized currency.
3018  Bitcoin / Legal / Re: Australian man charge over his involvement in Bitconnect scam on: November 18, 2020, 07:09:42 AM
^ It is really a nice shot for the Australian government because they have shown to everyone that their law and jurisdiction also covers the cryptocurrency world. On the news regarding Bigatton, this will definitely threaten other crypto scammers that in no time they will still be accountable for all fraudulent activities that they made in the past which could possibly lead them into jail as well.
3019  Economy / Service Discussion / Re: Should I use mixers? on: November 18, 2020, 07:00:56 AM
~snip~
That is a good question and I have also heard accounts getting flagged after coming from some mixing pools.
^ This what I am afraid for. I have not used a mixer service as well since I have no issue on my previous exchanges and on my gambling activities so it can only be a waste of time and another risk that you will take if you use one. In fact, many investors still didn't use it or have just tried it for once but for convenience and security I prefer not to use it anymore. Nevertheless, if you think it will make you more comfortable and secure you may still use a mixer it always depends on our preferences.
3020  Economy / Speculation / Re: 111 days and daily candle on: November 17, 2020, 08:26:01 PM
^ Being in this level for a long period of time i.e. 111 days and despite this pandemic and economic recession that we have gone through I believe bitcoin became stronger now it may dump for a thousand dollars but will remain above $10,000. Chances are because of the need for digital currency and safe haven for an asset bitcoin value may either rise and be consistent in its place right now yet far from bearish that will go below the $10k anymore. Nevertheless, that is nice to work, OP, it shows that we are near to the new ATH.
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