Anyone can make any prediction about bitcoin,either up or down. The same applies to the stock market. Investors buy stocks because they believe company profits will increase and therefore share price. Investors buy bitcoin in believe they will increase. More investors will lead to increase while less investors will cause decrease.
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As most bitcoin,and altcoin,holdings originate from USD deposits holders are interested in how their holdings compare to their original cost ie how much it is now worth in USD.
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The price of bitcoin does not have an effect on the stability of an exchange. It is turnover,ie the number of trades, that is important as that is where exchanges make their profit.
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Anyone tried withdraw from kucoin? It is a new exchange and thinking of using it.
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I do not have a mobile and google authenticator does not work on my laptop. I use gauth for 2fa.
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The problem is when the investbox runs dry of the coin. The value drops below any profit you made.
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Liza is well down today but do not know if it is because of liza or the fact all altcoins are down.
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I tried to withdraw from Banana coins but was denied. Hope nobody bought a lot.
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Liza is being promoted heavily on trollbox on Poloniex.
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For these coins you have to roll dice game five times each day. Will you win more than you lose with five rolls?
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Ethan B. Good detective work there. Will steer clear.
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Bitcoin is stil x10 value of 1 year ago even after drop today.
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Investbox returns pay out until they run out of the coin involved then the price of the coin plummets as no one wants it.
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Don't fall for the trolls on troll boxes on exhanges Don't get involved in pump and dump groups.
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This is the problem with new exchange sites. Building and achieving trust.
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Before I buy any coin on any exchange I check there are both buy and sell orders and difference between buy and sell prices. You could check if there are any trades on other exchanges and make transfer.
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I do not have a favourite but am looking to hold what I believe to be a safe selection ie ethereum,litecoin,neo and bitcoin. Will increase the spread in future.
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There are two issues here. The price of altcoins against bitcoin and the price of all coins against dollars. The prices of all can change throughout the day but not all the same eg ethereum may gain against bitcoin but litecoin may fall., If there is bad news about cryptocurrencies eg a country banning an exchange then the whole crypto market will fall against the dollar.
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Arbitrage will not be profitable on small amounts as exchanger fees will eat into any profit. Timescale is also important as price of coins can change on all exchanges before transaction is confirmed,especially with bitcoin and ethereum at the moment.
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It depends on the reason you want an exchange.The more famous and longer established exchanges like yobit,binance and bitfinex give a greater choice of coins while new ones like kucoin have a smaller range. If you want to exchange between the main coins then almost any safe exchange will be useful.
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