It would make no sense for Bitmex to refund it to its traders.

The funds collected in this fund is all through fee structures which are Bitmex's own revenue. It is not a communal pool of funds (although it may seem like it on paper) that the traders pool together in order to prevent bankruptcies in positions.

The owners should be free to withdraw from it whenever they want. Also, sometimes it goes down simply because of flash crashes which causes a ton of bankruptcies and fire sales, which will all draw from the fund.

No reason to panic.

A -5% correction in the crypto space is anything but out of the ordinary. We've seen scale backs of way higher than this, even. Markets are already stabilizing at around the $8.6-8.7k region which is reflective of the bullish sentiment that is still rampant within the market.

There is no reason to believe that this is all of a sudden a trend reversal and BTC will go to sub-$8k once again. In fact, longs are still paying shorts a premium on most derivatives exchanges which is indicative of sentiment.

Interesting list.

However, it is important to note that up to a certain point, the speed of the coin simply does not matter anymore - whether or not a block will confirm within 10 secs after you sending it or 5 seconds honestly shouldn't bother anyone using this for normal commerce.

This shouldn't be the sole factor taken into judgment for picking your investments.

How much money did you store on there? Was it a substantial amount?

I've used Bitmex for a while now and haven't had any issues. It is likely that they genuinely suspect something wrong with your account, otherwise they certainly wouldn't be trying to shut your account down without any trades on it.

Though realistically the only way you will get your funds back is through providing the necessary ID, you could try negotiating with their customer support which I doubt will result in much meaningful results. If it's not a substantial amount, consider just moving on and using another derivatives exchange.

And what benefits exactly can one reap from holding a deflationary coin?

Theoretically the price should appreciate in the long term but in reality if there isn't any demand for the coin, it barely matters whether or not the coin's supply is deflationary.

That's just the truth.

I could be wrong but it doesn't seem like Void has a lot of adoption at the moment nor does it seem likely that it'll somehow gain a lot of adopters in the future. To capitalize off deflation, you need this demand coming from new adopters.

Why? Because Binance doesn't have the obligation to keep their prices afloat.

Their only job is to host a market on which buyers and sellers of the token can meet and trade with sufficient liquidity, that is all. They don't have the job of making sure that the market price of the token stays above ICO price.

So if the fundamentals of a project deteriorates, of course the free market is going to respond. There is really no way around that.

A counterargument can be made to this just as easily - the fact that there has been so much gains in the crypto markets over the past few years every time there has been a halving shifts people's expectations towards the right tail every time a halving is close - which means that beliefs of price growth overshoots actual long term mean price growth.

But yes, I do think that the effects of what you've described will trump.

Given a larger market cap it is way harder to have FOMO affect the markets in a substantial way (or at least, in a way close to 2017 and 2013).

Lmao. I wouldn't give much weight to the argument.

That would be equivalent to saying that McAfee's tweets back in 2017 somehow sparked this bull run, because people expect prices to soar this year.

It's obviously not the cause. I'd say that geopolitical tensions, combined with bitcoin's intrinsic price cycles that occur every four or so years based on the halving is the true causes of this rally. It's not even that strong of a rally, so I'm not sure why people seem to be preoccupied to finding explanations when there may not be a singular one.

I think that there is still a lot of things that need to be addressed before DAG coins can ascend to the status that ETH and BTC which use mature, blockchain technology. I've used the IOTA blockchain myself for transactions, while the UI is very nice, it has severe reliability problems that need to be urgently addressed.

For instance, it can take so many rebroadcasts for a transaction to get confirmed.

With this kind of rudimentary framework I doubt that smart contracts are going to be anywhere as what smooth as ETH or TRON has right now. Perhaps this will change in a few years time, but the technology is not mature yet.

$100k an ounce. Sheesh.

Sounds like one of those gold permabulls to me. Gold bugs have been around fo rcenturies and they consistently stash away their wealth in gold, no matter what the market conditions are.

It is important to acknowledge that they are market cycles within the gold market as well, and if you enter into the market in an inopportune time you will lose money. $100k per ounce gold is only possible if fiat hyperinflates, which by then, the real value of $100k would have depreciated substantially.

I'm not saying that gold won't go up. It could, especially at this stage when there seems to be a lot of trade and political tension in the world. But these absurd claims remind me of McAfee.

I mean, if you have free time then go for it.

If you're serious about making money off of it then I suggest you think otherwise. Most of the coins that are offered on Freecoins have very little value, which is why they are being offered for free in the first place. The coins with value being offered generally are offered in such tiny quantities that it's not worth anyone's time.

Treat it as a faucet, and nothing more.

Perhaps add IOTA to the list, but those three coins, BTC, ETH and IOTA would round out my list.

I don't have faith in the majority of small cap coins in the long run. Sure, they can achieve decent gains in the short term given sufficient market interest and hype around their project, but in the long term it is very difficult to envision any sort of real growth in their fundamentals which is what ultimately drives price growth.

There is a reasonably limited amount of coins that you can confidently say that it'll perform in relative stability and lead the wider markets. BTC and ETH are two. IOTA is more of a growth alternative.

The fact that it's based on the BCH ecosystem essentially ruins it for any practical adoption.

Anyhow, I still think that in the long run, people will tend to use ERC20 tokens because of the fact that it's so commonly used for previous ICOs. And with ETH's dominance within the market with a potential ETH2.0 upcoming that will introduce PoS, that could see increased ETH adoption, and therefore ERC20 adoption.

There are a ton of coins that have smart contract functionality, but obviously not all have the level of adoption that ETH currently has.

Yeah. What's the point of wasting your time and legal resources if you know that there is very little chance that it's ever going to get approved?

This is honestly the wisest thing to do (no puns intended) in this situation. Free up your resources and don't lock your company's future in with a single application which can be denied in a heartbeat, and has been consistently denied.

The wider markets should expect around the same as well. Don't expect an ETF approval. That would be a black swan event, and if the SEC had any intentions to approve one, they would have done so a long time ago with all the applications.

It certainly makes sense from a policy point of view to get into launching on your cryptotokens before any private sector businesses starts to do so in your country, which could undermine the ability for a central bank to conduct meaningful monetary policy.

However, I think that China's development of their own centralized coin has already been underway or at least in talks a long time ago, and this is just an extension of these activities.

You're also right about the fact that a lot of countries aren't very progressive in the field of financial innovation. Instead of regulating the cryptospace positively they seem preoccupied with limiting and restricting access, which makes no sense imo.

Well, supply is nominal. It's not a "real" factor that underpins what is the coin's fundamentals.

For example, XRP obviously has a lot more adoption and use, as well as market cap, compared to something like Byteball. But XRP's supply is in the billions while Byteball, IIRC, isn't even in the millions. Does that make one coin/token inferior/superior to the other necessarily? I don't think so, at least.

In regards to burning, it depends on whether or not it is followed through with. If you buy into a token with the hope that some supply will be burned in the future, then it's extremely high risk.

The main thing is that people's expectations have eased up quite a bit.

It used to be incredibly bearish back in 2018-19 but now, with the halving on the horizon as well as the fact that there were some positive institutional investment progress going on back in 2019, there is much stronger demand for BTC especially for the long run.

Essentially, it's just a natural part of the BTC price cycle which repeats itself every ~4 or so years.

Perhaps the tensions between US and Iran has contributed, but I doubt by that much.

I wouldn't count on it.

The fact is that altcoin markets seem to pick up the most when bitcoin is stable and at around its peak. And judging from past performance, what BTC usually does is that it generally peaks at around 1 year after the halving.

So this year, despite still being bullish, shouldn't be overly so. I'm not sure either of the magnitude of the bull market this time round since that the market is substantially more mature now.

First of all, great decision to be moving from HitBTC. Their reputation is completely tarnished due to the many times where they have used KYC as a means to hold user funds for more time than they voluntarily would have liked, which is a really unprofessional move.

Secondly, just know that most DEXs, if functional, have relatively low liquidity and will not serve you the way you want given the high spreads.

I'd say that BinanceDex is really one of the only usable DEXs on a daily basis at the moment, so you might want to enquire further into that.

Understand the nature of your addiction.

You're not addicted because you want to make money, but because you're addicted to the dopamine hits that your brain gets every time you gamble, win or lose. The split second of uncertainty somehow appeals to humans, so much that gambling can be so debilitating.

I suggest that you fill your time wisely. When you find a task to concentrate on and you have tons of work to go on with there is no reason for you to gamble - it's as simple as that.