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3261  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2021, 10:07:58 AM
Does anyone know why GBTC FUD did not affect the price? I was waiting with a little cash but there was no drop in the price. Angry Angry
my last time I bought it was around 29500 and it went up an hour later to around 34,000, it was perfect timing. Cheesy

And buying with $700. I don't know I'm ready if the price continues to go down although I think that unless something big happens during this week, the bottom for the end of the year will be 27K.

Next levels:

700$  ----- 28k
1200$ ---- 27k
800$ ----- 26k
1000$ --- 25k

and enough.  Grin Grin
3262  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2021, 07:58:14 AM
Does anyone know why GBTC FUD did not affect the price? I was waiting with a little cash but there was no drop in the price. Angry Angry
my last time I bought it was around 29500 and it went up an hour later to around 34,000, it was perfect timing. Cheesy
3263  Other / Beginners & Help / Re: Crypto Portfolio Diversification on: July 19, 2021, 07:50:49 AM
When people talk about diversifying your portfolio, they do not mean to sell some of your bitcoin to buy a bunch of shitcoins. (Or, if they do mean that, then they are idiots and you shouldn't follow their advice.)
It is always wrong to look at it as black and white, it is true that all altcoins are less valuable than Bitcoin, but as an investor, in certain times some altcoins achieve a return on investment higher than Bitcoin. If you are a short-term investor, then distributing your investments to some altcoins means more liquidity will flow to focus on buying more Bitcoin, and this is what I mean by diversifying the investment portfolio.

• Diversification within a highly correlated market sector does not provide liquidity neither does it help reduce market volatility. As you mentioned cryptocurrencies are one asset class and contrary to the op, this doesn't make it ideal for all types of investments as majority of the coins are cheap replicas of others, while a lot more are scams.
As I explained, I divided these currencies into CLASSES BTC/USD(T,B,C) pair is not linear, and if you have enough cash or withdraw at certain times, you will get more liquidity.



How are ethereum and ethereum tokens special, they are all altcoins, or use individual coins in the example. Out of almost 10000 cryptocurrencies that are existing, many of them are scam while many are risky to invest on. I can not say some will not bring profit, but it is better for people to learn very well before investing on any cryptocurrency.

No, any problem with Ethereum (ETH native) means a problem with all ERC-20 tokens and vice versa.
the increase in Ethereum fees means that all other networks will increase in value, which is what happened to BSC.

You wrote so much words, yet you didn't describe how to diversify.

I divided these currencies into several classes, if you want to diversify your cryptos you must contain some of these categories. Buying Bitcoin, Ether, litcoin, Bitcoin Cash does not mean diversification because they are in the same category.
3264  Bitcoin / Bitcoin Discussion / Re: Why green bitcoin mining has become a trend? on: July 19, 2021, 07:39:04 AM
Because renewable energy can be cheaper.

Selling it at any price does not mean that it is the cheapest at all, and electricity is not the only factor in mining, there is temperature, location, customs duties, .... etc. Electricity production licenses will encourage miners to change the place if accompanied by more measures, but what happens is that miners build the infrastructure for renewable energies and not exploit the surplus.


It is much more sustainable, although of course not as cheap as mining using non-renewable energy sources.
Who will bear the cost of recycling? Renewable energies have many negative aspects that have not yet been addressed, and the life span of many mining farms is the next havling.


asics farms have preferred hydro due to.. obviously. constant water-flow
This may be a convincing reason, so the news that talks about the use of solar energy are the result of these press reports?


It's green washing. Miners feel that they have to explicitly state that they are using renewable or green energy because the media focuses on that too much.

Is this reason enough to use renewable energies? What will it benefit them if the media attacks them or stops it?
3265  Economy / Trading Discussion / [GUIDE] create your TA Indicators {TradingView} on: July 18, 2021, 06:18:02 PM
Table of contents

      1. What is TradingView?
      2. How Does TradingView Work?
      3. What is Pine Script?
      4. The Pine Editor
      5. “study” vs “strategy”
      6. Plotting (RSI) indicator

What is TradingView?

TradingView is cloud-based go-to charting and social-networking platform for both beginner and advanced active investment traders for tracking movements in the Forex, traditional stock markets and cryptocurrency.

TradingView have some features:

  • HTML5 Charts
  • Server-Side Alerts
  • Trading
  • Social Community of Active Traders
  • publish trading ideas within its social network


How Does TradingView Work?

When you log-in for a free account, you'll have access to the TradingView community and basic features.
You get one chart per layout and one alert with three indicators to use on one device.

we will work on free account and when you need to add more charts you can buy Pro/Pro+ and Premium account.


What is Pine Script?


Pine Script is a scripting language that can be used to control and edit your TradingView charts.It allows users to create custom indicators and run them on our servers.
each script uses computational resources in the cloud, some limits must be imposed in order to share these resources between users.

we will use BTCUSDT trading pair. you can find it  https://www.tradingview.com/symbols/BTCUSDT/

click on full-featured chart button and down for Pine Editor



The Pine Editor

we will write some codes and then click on click on Add to Chart to see our annotations.


study("First Script")  just setting up our annotation which have a new name (First Script in our case)
plot() gives us a line chart
overlay=true adds the indicator to the existing chart
now you can use some of TA indicators as moving averages, simple moving average (SMA), exponential moving average (EMA)


Code:
plotcandle(sma(open, 7))
EMA = (Close - Previous Day’s EMA) * Multiplier - Previous Day’s EMA
Multiplier = 2 / (Length of EMA + 1)


Example of a Pine script
Code:
//@version=4
study("MACD")
fast = 12, slow = 26
fastMA = ema(close, fast)
slowMA = ema(close, slow)
macd = fastMA - slowMA
signal = sma(macd, 9)
plot(macd, color=color.blue)
plot(signal, color=color.orange)

Source: https://www.tradingview.com/pine-script-docs/en/v4/Quickstart_guide.html


“study” vs “strategy”

Pine strategies: used to run backtests and normal script calculations, they also contain strategy.*() calls to send buy and sell orders. see https://www.tradingview.com/pine-script-docs/en/v4/essential/Strategies.html

Pine studies: cannot be used in backtesting. Because they do not make use of the broker emulator, they use less resources and will run faster.

Code:
study(title="New Script", overlay=true)
emaLength = input(title="EMA Length", type=input.integer, defval=20, minval=0)
emaVal = ema(close, emaLength)


Plotting (RSI) indicator

Click on New > RSI Strategy


Code:
//@version=4
strategy("ToDaMoon", overlay=true)
enter = input(11000)
exit = input(11300)
price = close

if (price <= enter)
    strategy.entry("BuyTheDip", strategy.long, comment="BuyTheDip")
if (price >= exit)
    strategy.close_all(comment="SellTheNews")


you can change entry and exit variables

this the basic codes and you can change it or build your own code



Sources

Code:
https://investorjunkie.com/reviews/tradingview/
https://www.tradingview.com/pine-script-docs/en/v4/Introduction.html
https://academy.binance.com/en/articles/how-to-create-ta-indicators-on-tradingview
3266  Bitcoin / Bitcoin Discussion / Why green bitcoin mining has become a trend? on: July 18, 2021, 06:15:01 PM
According to what I know, bitcoin mining needs energy, whether that energy is from the sun, coal, fossil fuels and others, mining needs energy, so using renewable energies will not give you an additional advantage or more profits. Why do some miners leave or use solar energy?
Does anyone have statistics or percentages of the extent of solar energy use, and is all this fuss because of Tesla, or is it media reports trying to gain more views?

Quote
The council revealed that it collected sustainable energy information from over 32% of the current global bitcoin network for its survey. The results showed that the members of the BMC and participants in the survey are currently utilizing electricity with a 67% sustainable power mix.

“Based on this data it is estimated that the global mining industry’s sustainable electricity mix had grown to approximately 56%, during Q2 2021, making it one of the most sustainable industries globally," BMC said in a release.

3267  Economy / Service Discussion / Re: Binance P2P on: July 18, 2021, 05:55:42 PM
Sorry for late responding, I was traveling to one of the countries and the problem was with Western fees agents. The lowest fee I found on LBC/Localcryptos was 10% which is expensive.
I found someone who will do it without any fees but he only use Binance P2P.

Greed is not a good thing, I used Localcryptos and it worked successfully even though I incurred the 10% + Western fees.
3268  Other / Beginners & Help / . on: July 18, 2021, 05:22:06 PM
.
3269  Other / Beginners & Help / Re: Dust coin on: July 18, 2021, 03:18:22 PM
If we continue to use your definition, these dust coins are a problem as transaction fees will increase in the future:

  • If you have 0.1 BTC and decide to leave a small amount in your wallet send 98% your next inputs will increase and the fees will increase.
  • Leaving a small amount will reduce privacy because both transactions will be linked to each other.
  • Using wallets that do not enable you to control the address will increase the risk of dust.

Therefore, it is better to use currency control and send from a specific address.
3270  Economy / Service Discussion / Binance P2P on: July 02, 2021, 05:18:38 PM
I want to use Binance p2p escrow service almost my country is banned from using this platform, I can still use it via VPN, someone wants to send money to me and we need to use binance p2p what is your experience with this service?
Do I need ID verification? fees? How do I avoid scam?

TIP: I want to use binance p2p to make a Western Union transfer.
3271  Economy / Currency exchange / [H] BTC [W] Western Union | get 2% on: June 26, 2021, 07:17:04 PM
I want to transfer $500 from Bitcoin to Western Union, you will get 2% less than the market price {free 2%.} I will go first if you aretrusted or use the escrow if you are not trusted.
ready to pay WU fees and escrow fees.
Contact me to give you the name of my country.
3272  Bitcoin / Bitcoin Technical Support / Re: How to open Bitcoin wallet.dat file offline. on: May 27, 2021, 02:24:54 PM
You can decrypt your wallet file, extract the data, and export it to any wallet. the problem is you will need to be connected to the Internet to check your balance.
being offline does not mean that you are safe, you need airggapped system which means that your device has never been and will never connect to the Internet to be safe.
3273  Bitcoin / Bitcoin Technical Support / Re: Using Passphrase to avoid comingling funds? on: May 27, 2021, 02:20:36 PM
Or do I need two hardware wallets for better privacy?
Privacy is something valuable in Bitcoin and you need some experience to gain it. it is best to use Monero cryptocurrency if you focus on privacy.
any airggapped system (hardware wallet, PC, old android phone,...etc) will boost your security but privacy requires that you run a full node wallet and manage it using VPN with Tor.
Plus, avoid using any explorer and run your own explorer. Bitcoin block explorers are a fundamental distortion of privacy.
3274  Economy / Exchanges / Re: BTC/Western union Localbitcoin on: May 27, 2021, 02:01:11 PM
I decided to make the deal using localcryptos.
After searching, I decided to choose one of these members.

https://localcryptos.com/offer/2kaG7enkcW6jQrJiojQHKl/Sell-BTC/Cashoutethereum/Western-Union
https://localcryptos.com/offer/1xPREauCXPCJZawa7HZT4q/Sell-BTC/Strawberries/Western-Union
https://localcryptos.com/offer/bzFaf0LAicOhRWc7I9ntU/Sell-BTC/CARPE_DIEM/Western-Union
https://localcryptos.com/offer/3Uk2KhCm8fbSKq4RggMFx5/Sell-BTC/Cryptocity/Western-Union


All of them seem to have more than 100 good deals and reputations, and sell rate is around 5% to 10% (not bad  Undecided Undecided??.)

Do you have any ideas or suggestions? If I do not find any warning, I will choose one of them within 48 hours.


Just wander why LBC rate is better than localcryptos Huh example
https://localbitcoins.com/ad/1282795/cash-out-your-bitcoins-western-union
https://localbitcoins.com/ad/1265301/cash-out-your-bitcoins-western-union
3275  Economy / Exchanges / BTC/Western union Localbitcoin on: May 25, 2021, 05:54:08 AM
It is the first time that I have used both services.  Cheesy I would have liked to get advice and whether there have been experiences.
How to avoid scam and what is the best way to find out which vendors and accounts with fake reviews, which documents can be requested, and whether you prefer a seller from this list https://localbitcoins.com/sell-bitcoins-online/western-union/

is using the forum or any DEX (which one?) better, faster or LBC sufficient?
3276  Bitcoin / Hardware wallets / Does hardware wallets really delete wallet files? on: May 22, 2021, 01:52:17 PM
Is there any way to make sure that the device wallets are really deleting old wallet files, meaning there is no way to recover them after I click on the Restore button? Or do I need to destroy the device using a hammer or a microwove to make sure that no third party can recover the files in any way.

I am not talking about individuals 'wallets, but rather about billions of dollars' wallets or seized by government agencies.
3277  Other / Beginners & Help / Re: Bitcoin Historical Corrections - Don't worry on: May 22, 2021, 12:25:18 PM
The above info-graphic are misleading and contain a lot of inaccurate information.
First, what happened yesterday is not a Corrections but rather Crash as the chart has merged between crash and collapse, which happens every four years and leads to a bear market, something that must be removed from the above plan.

Read more bout Correction VS Crash

Quote
In a correction, the 10% decline will manifest over days, weeks, or months. In a stock market crash, the 10% price drop occurs in just one day. These crashes can lead to a bear market, which is when the market falls another 10% for a total decline of 20% or more.

The correction period is not accurate, and therefore the information about it is not correct. Some corrections were made for more than a month, and some corrections lasted for a longer or shorter period.

Clarifying the correction with a fixed period of time will give us a better comparison of the rate of decline.

This means we have 3 BIG crash:

2013: first halving
2017: second halving
2020: Covid-19

and some other small correction.

3278  Economy / Services / Re: Signature, Avatar and Personal Text space for rent on: May 22, 2021, 12:06:03 PM
 Smiley Smiley
3279  Local / Türkçe (Turkish) / Re: Pizza for bitcoins? Bitcoin Pizza Günü Kutlu Olsun! on: May 22, 2021, 12:03:48 PM
Pizza Günü, Bitcoin fiyatının küçük bir süre içinde nasıl çarpıcı bir şekilde artacağının açık bir göstergesidir.
Her yıl, fiyat bir önceki yıldan daha yüksektir ve fiyat ne kadar artarsa, çok yüksek olur.
Aşağıdaki grafik, günlük Bitcoin fiyatının her dört yılda bir nasıl azalmadığını, daha hızlı olduğunu göstermektedir.





Kaynak:

https://bitcointalk.org/index.php?topic=5331087.msg57058847#msg57058847
https://www.reddit.com/r/Bitcoin/comments/mnh5qa/a_different_way_to_view_your_bitcoin_balance/
3280  Local / Türkçe (Turkish) / Re: Kripto Para Vergisi Hakkında Bir Soru on: May 22, 2021, 11:58:36 AM
Vergi uygulaması, işlemden elde edilen ve daha sonra vergilendirilen kar miktarını içerecektir. Geriye dönük bir yasa yürürlüğe konulursa, yaptığınız tüm işlemler için veri çıkarılacak ve bu vergi, muhasebe karı sağladığı varsayılan her işlem için uygulanacaktır.
Bu nedenle, tüm kayıtları saklayın ve hesabınızı kapattığınızda kâr olarak görünmemeleri için karınızı alternatif para birimleri şeklinde çekmeye çalışın.
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