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Both bull and bear markets are for building. If not, you might need to change devs. It's just that you don't get easily distracted with the huge amounts of money you're making when in bear markets hence you work more focused and with more incentives.
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The Bitcoin Discussion section, despite it being a section I kinda dislike for a while now. I rarely see great posts and that a lot of the topics are very redundant. But alas, a lot of noobs need help with things so I reply anyway.
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Important keyword from the article headline: BSP Urged to Ban Binance Kumbaga proposal lang(or palang). Just like how pwede rin akong gumawa ng proposal sa BSP na i-ban ang GCash, pero it doesn't mean na matutupad ung proposal sa huli (obviously not).
Basically, it's just a proposal. I could literally also create a proposal to the BSP but it doesn't necessarily meant that it will amount to something. Yes Sir, you are correct. But were not in the local thread section, instead we are here at the trading section topic,
LOL ty for the heads up. |
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You can always have "unbelievable results" if you only tested it a couple of times. Luck can be a huge factor with trading (especially in lower time frames) that you need to learn to distinguish between luck and skill. I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
Thousands and thousands of people are literally doing it. It's just up to you if you're actually good enough to end up profitable. |
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Nobody actually "prints" money these days, everything is digital. They just type in a bunch of stuff in the computer and they invent trillions out of thin air. That is how the fiat system works. There isn't enough paper in the world to print all the money in it!
Apparently as per HBR[1], 97% of USD is already digital; and this was in 2021. I'd imagine that today in 2022 the number would be close to 98-99% already.
[1] https://hbr.org/2021/10/what-if-central-banks-issued-digital-currency |
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They don't have an existence in twitter?
Can't really blame them. Preev seems like a sort of "sideline" project of some dude, not necessarily a huge cashcow like CoinMarketCap/CoinGecko hence them having little to no incentive to actively do marketing on social media. |
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If today it applies to the whole world, then Binance users worldwide will definitely benefit greatly from the elimination of trading fees on the platform.
And what I want to know is how long this will go on or if it's just for one day considering this is only about Binance celebrating its 5th anniversary right now.
I'm not sure, but I wouldn't be surprised if it was permanent. I'm guessing that Binance is taking away their revenue from the BTC/USD trading pairs to increase their user base further, and hoping to earn revenue through Binance's other revenue streams(card/loans/earn/futures). This move is kinda risky imo because they're taking out revenue from their biggest trading pairs, but could be a gamechanger if what they wanted ends up happening. Some stats from CoinGecko: BTC/USDT: 17.01% BTC/BUSD: 7.78% BTC/USDC: 1.19% They are effectively removing revenue from these trading pairs which consists of a total of 25.98% of their overall spot trading volume. Insane. |
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I’ve been saving my recovery seed phrase digitally and stored it on my cloud storage since I start in crypto way back 2015. I knew the danger of storing it digitally but I know how to properly protect it so I’m fine and no history of losses even before.
I hope you really know what you're doing because that's very risky even with the standards of a security expert. There's a good chance that you're overestimating your security. I believe beginner should know these steps for basic and also they should also know too how to protect them even by not doing this by the book method like trust only hardware wallet because it will be very inconvenient to carry always your hardware wallet or make a quick transaction if you are using hardware wallet only as safety precautions.
You don't necessarily need to put 100% of your money on your hardware wallet, just like how you don't put 100% of your money in your bank; you have some on-hand physically for easier purchasing. |
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If the platform focuses on providing better and cheaper services to users instead of wasting money on football leagues or Cristiano Ronaldo and YouTube channels, things will be better.
In a business sense in the case of Binance, advertising will be the right move. The platform itself is great enough today anyway. At least personally I have zero complaints for now. When will they adopt the Lightning Network? It would be better than keeping the fees low, which I doubt they'll keep at zero forever.
They'll adopt the lightning network if there's enough demand. I could almost guarantee that the current demand is too minuscule for them to bother adding lightning today. |
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Preev.com's website had previously gone offline multiple times in the past, however it eventually came back online after some time.
I'm guessing this case it's a temporary issue as well (or at least I hope). The last archived page[1] of Preev was in June 21, in which it was still online. So is seems that this issue was just recent.
[1] https://web.archive.org/web/20220621203650/http://preev.com/ |
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Whether we like it or not, people will "use" bitcoin for whatever purpose they see fit — may it be for peer-to-peer transfers, as an unconfiscatable asset, as an investment, or a combination of any of those. That's one of the great things about it, total freedom.
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Bakit lagi na lang natin sinisisi ang whales? Hindi ba pwedeng dahil overpriced ang Bitcoin kaya nagkakaroon ng malaking correction?
Minsan naghahanap ang mga tao ng sisisihin pag mali ang timing ng pag bili. Ang nakakatawa pa, pag pataas ang price, " adoption!". Pero pag pababa, " manipulation!" Tiyaka, hindi naman as if porke maraming pera ang whales e literal na control na nila ang markets at guaranteed na ang pagkita nila ng pera. Kahit sila puwedeng gumawa ng bad trades. |
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I suppose you can say the same thing about computers and digital banking system since in terms of usage there is no difference between bitcoin and them.
This, and like 99999 other internet services lol. It was described as if bitcoin/crypto is the only sort of "service" that the visually impaired can't easily use. As for the solution: get a trusted family member to help you, just like how the visually impaired need a helping hand with a lot of other stuff. |
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Galingan pa lalong magnegosyo para mapalaki ang income upang mas malaki ang capital na pambili ng price crashes.
Tip: hindi lahat ng income natin kailangang manggagaling sa crypto.
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There has always been sort of "good news" even in bear markets. Doesn't necessarily mean anything in terms of price, as BTC's price goes down in bear markets mostly irregardless of news. Sort of "good news" only gives bitcoin small pumps, but ultimately — the price goes down anyway.
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Naisip ko dn yung yung mga DeFi loan pero sobrang taas kasi ng interest rate at napakababa ng percentage ng amount na makukuha mo sa collateral value mo.
Yes mababa talaga ang makukuha mo sa collateral value para iwas liquidations knowing na hindi malabong mangyari ung spike down in prices. Take note rin na kung ipupush talaga ung pag gamit ng defi loans, as much as possible gamitin ung mga mataas ung reputation(Aave, etc). ^But then again, hindi ko talaga mairerecommenda, unless na hindi kalakihan ung perang pinag uusapan. |
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If we were in the same economic state as 2016-2017 then I'd say there's a good chance that we might be close to the bottom. But since the economy is very different and very uncertain, I'd say no. Trends and patterns tend to break after some time, and this might be that time.
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Nakalimutan mong banggitin na ang mga naturang barya ay karaniwang nagkakahalaga ng 30-40% na higit pa sa halaga ng pamilihan.
Not sure about the numbers but so-called "clean" bitcoin apparently does have price premiums. There's no way I'm paying any premiums though, as at some point every single bitcoin is going to be so-called "dirty" or "tainted" anyway. |
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Kung local talaga sobrang alanganin. Pero kahit meron, sa opinyon ko hindi ko talaga maisusuggest na gawing collateral ang bitcoin(o kahit anong volatile asset) sa ganitong estado ng ekonomiya.
Kung gugustohin mo pero talaga, anjan ang iilang defi protocols etc na tumatanggap ng WBTC collateral. But then again, hindi ko talaga irerecommenda. Either pag iipunan, or i-collateral nalang ung mga bagay na hindi pwedeng bumagsak nalang ng basta basta sa value gaya ng lupa.
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