You can lose profit sending trading and withdrawing if you are trading a small amount I have $50 worth of Ferum or FRM it will take $6 to send the whole amount to Bilaxy and after you trade it to Eth and wants to withdraw it you will have to spend $12 to withdraw your Eth,
now that's $18 gas fees for your $50, my only option is to trade it to other altcoins like DGB or Litecoin which offer $4 to $5 fee you still going to lose $11, that's over 20%.
I feel the transaction fee for now is very large. This is obviously very detrimental to small investors because they have minimal assets and will be used up to pay fees. I still hope that the fee will be able to go down in the future so that it can provide low fees and not bother small investors |
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Guys is any of these normal?
1. Admin close down bounty group after bounty ends
2. Admin failed to update spreadsheet and gives stakes to participants and later block access to the spreadsheet
This is what base protocol team did to their promoters, all those that participate in signature campaign aren't rewarded any stakes and they can't even look at spreadsheet, bounty group is closed too so anyone can't complain and yet the team said they will make distribution in the next 42 hours
admin as the decision maker has left the group and you are still asking is it normal? I think it's definitely a scam and you should get away from that group. because it has become a trash group. If it is a successful group the admin will not leave or leave but stay and provide information to the members |
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Hi I am spending a ton of time reading, watching and asking questions to those who know. But one question I have in mind is: Let's say you identify an altcoin you want to buy, let's say Tron..... Currently 2p a coin. What would people normally spend on this coin? Obviously as many as you can in case it shoots up to £10 a coin... But just keen to understand how people think / buy. Would you spend £20 or £100. Or does it depend on your overall goal short term or long term? Any input welcome.  it depends on my goal of spending an altcoin, for me it doesn't have to be a large amount or a small amount because each altcoin has its own advantages. so I think spending according to budget needs and according to the risk of the altcoin itself |
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2021 can be said to be a starting year to be able to start recovering the economy, I think all countries are preparing to restart their economies to recover, this will later be a revival of the entire world economy and will certainly make a big impact on crypto.
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This might have been answered elsewhere but couldn't find it, if it has.
The miners get paid less and less as time goes on.
With the ledger also growing bigger and bigger, wouldn't the cost of mining start to exceed the profitability of mining? If no one would mine bitcoins anymore, wouldn't it shut the whole system down?
mining right now is not a good way to make a profit, almost half of the miners choose to leave and switch to trading. for me mining bitcoin has a big fee and a big risk, the best way is to trade and it can happen in a short time to get profit |
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The lockdown has really caused a lot of losses, because the economy is dying and people don't have the income to survive. based on united nations data, hunger is bigger data than covid 19. so it's better that the government doesn't need to lock down, it is enough to carry out large-scale restrictions for community activities that can reduce the transmission of the covid 19 virus
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I hope the new president, Joe Biden, can be friendly to crypto, this will certainly have an impact on the crypto market around the world. crypto in the US is now in joe biden's hands, if joe biden can apply lucrative rules, it looks like a crypto boom will come soon
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Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
My analysis sees Biden's leadership style will have a positive impact, Biden has a calm leadership style and this can have an impact on the US or even the global economy. Usually this effect will be felt within 1 year of Biden's leadership to be able to see economic development. it looks like we have to wait for the effect of biden to become president in some time to come |
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In 2021 to 2022
If learn and try to push yourself hard enough.you can be very rich.
Or very poor 2021 to 2022 people will decide who they want be.
By the 2024 everybody must have decidede are they super rich or very poor .
What will you choose ?
2020 is a very tough year for the world economy. 2021 can be a better year, we can improve the economy from 2021-2022 because if we don't do that in the next 3 years we will only be spectators. So my advice is to improve the quality of the economy from now on and try to be more innovative so that in 2024 we can get maximum results and become super rich |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
I did the same, but I didn't have to wait for bitcoin to position $ 6000. I take advantage of the bitcoin drop and will immediately buy and sell it when the price goes up. for me the short term is not a problem as long as it provides maximum profit |
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when talking about profit, profit gain is the most real for me. since 2017 I bought bitcoin at a low price and in a short time I made a profit from short-term sales. a drastic increase of 30% and after that I got the news that bitcoin can be used for direct transactions on eccomerce. for me it is profitable and at the same time the best profit for me
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I am optimistic that the economy after Covid 19 will recover. in my country the economy is getting better now after the government announced the end of social restrictions. So the main aspect in restoring the economy of a country is the freedom of public access and the economy back to life. it is the main key in restoring the economy in a country. I am sure all countries will be able to fight this difficult time
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it needs to be done, because it is a temporary correction for bitcoin to a higher price. it is natural and usually if bitcoin goes down this will have an effect for some time before the bitcoin pump price. maybe if bitcoin drops to $ 30 it can pump up to $ 50 or $ 60 and higher |
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it looks like that person is the type of person who still hopes with xrp or a beginner who doesn't know about xrp in detail. So for anyone who already knows XRP and is not interested, my advice is don't buy and allocate assets for other tokens that have the potential or you won't get a profit
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the development of blockchain is not only limited to the transaction system but also for games, I've tried playing the footbatle and it's quite interesting to play. a suggestion maybe developers can increase the number of games on the blockchain so that they can add variety to the game world on the blockchain
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Hi,
I have my ZIL and ETH in Binance exchange.
Read somewhere that I should never keep my crypto solely on exchange.
Do I need (should) keep the cryptos in other wallet like MTW or MyCrypto? Will my balance on exchange become zero if I move? I am not sure about the procedure of that.
Would be thankful if someone guides on this.
Kind regards,
Rizwan
you have to store in an offline wallet like nano ledger or trezzor, this has several possibilities including 1. Exchange is vulnerable to being hacked at any time and your assets can be lost 2, security oflline wallet such as nano ledger, only you can control so why should you store on an exchange when there is an offline wallet which is safer and more private |
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Ethereums performance today is quite impressive! + 26%! surpassing AMD, Blackrock, Square and American Express when compared by Market Cap. Full list: https://8marketcap.com/This is natural for ethereum because ethereum's position must be in that position, seeing that ethereum's potential is enormous to be in the top position. So I think the value of + 26% is very little for ethereum, because the minimum limit should be 50% in my opinion |
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Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.
the tree-like rise of bitcoin is real and visible today. we look back 1 year ago in 2019-2020 the price of bitcoin even touched $ 7000 but now it can go up 4 times. This growth can be utilized to have bitcoin as a deposit in the future in the next few years |
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I've been in that position, my friends don't believe and say bitcoin is like gambling. but I am convinced by providing examples of evidence that bitcoin is a payment transaction tool, such as the use of bitcoin abroad via web pages. my friend believes in it.
so I think it's realistic to explain with evidence
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This lightning network has actually been rumored to have existed since 2018 but it seems that it has not been realized until now. This will help small coin owners handle costs, so if this lightning network is successful it will certainly provide convenience and certainly low fees. I hope this lightning network will be successful
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