Follow up the investments from institutes Newbies will always look at whales, so-called whales for their responses on the market. They rely on whales for their own thoughts but they rarely make right decisions. Doubt, uncertainty, fear and many emotional actions. |
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@tranthidung is right if we based on the previous years which April is the best positive price for Bitcoin.
I don't mean so. It is one of the best, not the best. Additionally, if I want to find best months, I would like to exclude extreme outliers in early years (2009 - 2013, perhaps) and take a look at means and standard deviations of the rest years till 2021. In early years, price was affected by many factors that now become very minor news for the market. But what I also think what if Bitcoin is already in advance, what supposed to happen for the month of April was already happened last month (March), we saw a positive 30% and this April could be something a price correction, just my 2 cents.
% of price change for one month depends on open and close prices in that month. Your opinion can be true if serious corrections in March (end days of Marches) have long lasting effects till first day of Aprils. Your opinion will be wrong if corrections happen in middle of Marches and price already rally well, therefore in first days of Aprils, price is not at bottom. As I said, it is a raw view for the market, but for personal balance sheet, it depends on your entry/ exit prices and when you open/ finish your position. Here is the updated list of prices per month.  Thanks. In fact, that image I posted is taken from @Lucius. I discussed about it long time ago but don't remember where I did it. |
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Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.
Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?
Dominace of bitcoin is decided by two factors: - BTC price that is used to calculate the BTC marketcap
- Total market cap of altcoins: it is the big and volatile factor. Bitcoin is only one but altcoins have thousands and new altcoins will appear. Their total marketcap change by old, current and future altcoins.
In bull market, dominance for altcoins are biases by new and/or scam altcoins. If you don't have data for before and current period of the market with the cut-off is when the bull market begins. Data for two periods (if you have) can help you to judge which total marketcap are from old altcoins and which marketcap are from new born altcoins. |
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One thing's for sure — it's going to decrease sell pressure on exchanges, which we could say has a positive effect. But in the end, it's still going to mostly depend on the demand.
Trading volume on exchanges is not depend on exchanges' bitcoin reserves or how much bitcoin is stored on exchanges from whales, institutes. It is my guess and not yet verified by data.  Also, I'd like to be realistic and not too bullish. Let's not forget that while people are withdrawing their funds from the exchanges(as indicated in the chart), let's not forget that they could just as easily send all the coins they've withdrawn back to the exchanges if they really wanted to sell.
I think the same about big movements that are seeding on social media at important periods of price movements. Around the times for corrections or break outs, such big movements were broadcasted and detected by Whales Alert as well as spreading on media. You wrote about the easy step of bitcoin transactions (in and out of exchanges) and I agree with you. |
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How long did it take for that to go through?
With same fee rate you use to broadcast your transactions, the waiting time to get first confirmation on the network will be different from time to time. - In best lucky day, yours can be confirmed within one hour (~6 blocks). It is very rarely to see 1 sat/vbyte transaction get confirmation just within one block.
- In worst cases, your waiting transactions can be dropped from mempools. The default drop time for mempool is about 14 days.
- Check the visual chart for mempool with jochen-hoenicke.de
- That link is for Weight tab (the default tab) and 24-hours period. You customize the period to 2-d, 4-d, 1-w to have better overview.
- Read my topics for explanations on how to use that chart and make plans for your transactions to enjoy cheap fees
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Unlike Bitcoin and Ethereum which have a unique address. Other coins like XRP, BNB, XLM, EOS, COSMOS, and etc have additional address features for identifying a transaction recipient, that feature is called Destination Tag, Memo, And Message which when you create the wrong type possible you will lose the coins cause the token you sent can be landed to other recipient or stuck on the exchange that will probably need a much time to be approved.
Good topic. But we need to address the issue of many ways people are losing money to exchanges, I created an article recently addressing this, this is another one included. No noncustodial wallet will demand for tag or memo, but a potential way to lose coins on exchanges. What you quoted is not my post, Osho. 
It what people must take care of themselves. Non custodial wallets, exchanges have nothing to help them if they skip all given guides and move onwards carelessly. Exodus is a non-custodial wallet that supports multiple coins. You can receive coins in Exodus without Tags, Memo, Message but if you are sending to non-Exodus wallets, you have to fill in those details if exchanges require. Losses from carelessness I sent funds from Exodus without a Memo, Destination Tag, or Message to a wallet or exchange which required it. What should I do?
If the receiving wallet requires a Memo, Destination Tag, or Message and refuses to auto-process your deposits if the Memo, Destination Tag, or Message is missing, there is nothing we at Exodus can do as the funds have left your Exodus wallet.
Please contact the receiving wallet owner or support team with the transaction ID and request them to manually verify and credit your deposit.
There are some wallets/exchanges which do not offer any support for such mistakes. Therefore, be very, very careful when sending these cryptos from Exodus to another wallet.
To be even safer, you can always test with a smaller amount first to be sure that your transaction goes through.
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Should've added this note?: "there's a low chance that it will be valid though"
That first time I generate after upgrading to 4.1.0. when trying to create another seed, BIP 39 tool saying invalid, and so on. If could be rare, I present that seed for research. Weird!
One minor thing: The Bitcoin icon is designed in Light Blue color. I assume we all accept the default color of Bitcoin (BTC) is Orange. It's not Green (as BCash) or Light Blue.  This update wipes out the default list of receiving addresses, users have to create each receiving address manually. |
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Who told you an exchange is a type of wallet?
It is wallet but custodial. Most of exchanges only give customers custodial wallets. They don't give private keys or mnemonic seeds to customers. Not a wallet where you keep your Bitcoins.
Shortly, it is true. More explanations for exchange wallets - Still good for people who are not good in security and have bad web-surfing habit. Exchange and their wallets with multi-layer of protection can protect such guys. It is safer for them to keep their bitcoin on exchanges. But on very reputable exchanges AND with the awareness about risks of hacks on exchanges.
- For people who have good habit and good security (on their sides): It is best to use non-custodial wallets to store their bitcoin.
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Do you mean very summarized stats like that? - April looks good with most of years in Green
- BUT
- Profit or loss of one trade or one investment is decided by entry and exit price.
- Entry and exit are related to when you open and close your position
- April can be Green for most (or assumes for all year) if you compare prices between first and last days but you can get serious losses if you shake your hand in a big volatile day in April.
- History does not need to repeat itself
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Unlike Bitcoin and Ethereum which have a unique address. Other coins like XRP, BNB, XLM, EOS, COSMOS, and etc have additional address features for identifying a transaction recipient, that feature is called Destination Tag, Memo, And Message
They lost their coins because: - They are in hurry and ignore the warning or guide exchanges give them. All exchanges have such warning/ guide for users each time they make deposit or withdrawal
- They are careless and don't double check their address, ticker, and additional details (like you said: Memo, destination tag, etc.). Then they perhaps put address to tag and vice versa.
- They move coins cross-chain or move BTC to BCH address, USDT (OMNI layer) to BTC address, etc.
- Sending BTC to BCH or whatever coins, vice versa. Don't do this, newbies ! (It is my topic in Jan. 2020)
Just being careful and do double checks to be safe! Thanks for your topic. Cheers! |
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Nothing shows coming in or received, the payout manager says : “ this is your first large transaction receiving from a high frequency mining account and once you deposit about 4200 into your wallet, the 21000 will automatically reflect “ Is this a complete lie? I ask for a transaction id so I can see it was sent but nothing.
It is kind of lie and double scam. Somewhat similar to what I pointed out there I do not want to put the 4200 in my wallet because I’m suspicious of this whole thing.
You do a right thing. I’ve invested over 13k and never received profits although I have about 80k in my account with them. Should I cut my losses and move on? Or is it possible the scenario is true? Thanks to anybody that can help.
It it is a scam and you have nothing to file report to police or governments, you only can stop. |
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Bitcoin is a long-live cryptocurrency and it does not need to bind with any alternate cryptocurrency to increase bitcoin adoption. Do you think NFT is a really good token? If it is not good, it is one more reason to keep distance between bitcoin and NFT. I know recent months, people are interested in NFT but it is a similar phenomenon as Cryptokitties in 2017. Just a temporary hype. What next after NFT? Other scam tokens will be tied with bitcoin and BTC will be used as a supplementary tool for scam projects. |
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If you're referring to Bitcoin gold, cash, etc. then these are not related to bitcoin, they're just forks. Many forks and the list will be prolonged over the time. One of most terrible mistakes from newbies. Want to buy bitcoin but at the ends, they buy bitcoin forks or shit altcoins. Another mistake is send their bitcoin to non-bitcoin addresses. Exchanges mostly don't support to retrieve your bitcoin. They hold your bitcoin private key, not you; therefore if they don't support, you will lose your bitcoin. In some exchanges, they give support but charge very expensive fee. |
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CEOs of every single company will sooner or later realize that decision to invest even a fraction of company reserves will push price of their shares better than buybacks. They will not even care about price. The bigger the better since more hype they will have from bigger and bigger bitcoin hype. They won't care because profit for CEOs will go from pump on their stock not from bitcoin price change.
Buy backs mean they don't invest in anything new beyond their producing area. Investments into bitcoin or other assets are different. It results in two possible scenarios: - Profit: It is the one you mentioned. Price of their stocks can increase as consequence of profits from company investment. Stock investors will have double belief, in the company growth and in the profitable investment.
- Loss: it is possible. If it happens, price of stock can fall.
Here, you are mentioning about bitcoin investment that will be profitable in long term; therefore if companies invest into bitcoin AND do something like adoption for bitcoin as payment method on their services, price of their stocks will rise certainly. |
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Imagine a scenario when all mobile phone companies finally decided to add a custom default bitcoin wallet to all of their devices as factory app. I believe that will further increase the adoption of bitcoin
What type of bitcoin wallets on mobile phones that are opt-in by companies. Mobile phone producers are centralized companies and their bitcoin wallets will very highly be centralized (custodial). As we all know that 'Not your keys, not your coins', such wallets (if appear in the future) should be avoided. Not only because they are new released wallets but also due to their centralization and likely close-sourced wallets. Risks for your bitcoin, your privacy and other identities on your phone. You don't know what companies hide in their wallets. |
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I am not sure how those sites trace the forum, analyse data and publish such results. From the official page for Forum's Ad stats. Here is what I get. In median, in 2020, the daily impression counts is around 254705. So a rough number for 30 days would be 7641150 ~ 7.64 million impression counts for 30 days. The real number for each month can be higher or lower than 7.64 that is estimated from daily median. This figure is significantly higher than 4.5 M or 2.8 M.  +---------------------------------------------------------------------------------------------------------------------------------------+
| mimpressions impress_med mliuser_impressions liimpress_med muniqueip uniqueip_med muniqueliusers uniqueli_med m |
|---------------------------------------------------------------------------------------------------------------------------------------|
1. | 215169 254704.9 27793.76 40202.75 9113.68 8013.287 1241.04 1044.073 2020m1 |
2. | 203249.8 254704.9 20445.78 40202.75 8369.57 8013.287 1194.39 1044.073 2020m2 |
3. | 215599.3 254704.9 28979.17 40202.75 7842.22 8013.287 1014.31 1044.073 2020m3 |
4. | 277468 254704.9 41172.72 40202.75 8184.355 8013.287 1073.835 1044.073 2020m4 |
5. | 261943.6 254704.9 23898.55 40202.75 9275.43 8013.287 1079.15 1044.073 2020m5 |
6. | 241368.8 254704.9 39232.79 40202.75 6781.04 8013.287 983.79 1044.073 2020m6 |
7. | 247466.2 254704.9 45245.46 40202.75 7149.36 8013.287 1002.2 1044.073 2020m7 |
8. | 193093.7 254704.9 25026.92 40202.75 7440.12 8013.287 1000.115 1044.073 2020m8 |
9. | 279796.4 254704.9 58056.42 40202.75 6956.35 8013.287 935.1 1044.073 2020m9 |
10. | 272670.8 254704.9 60252.9 40202.75 7001.69 8013.287 961.17 1044.073 2020m10 |
11. | 289374.8 254704.9 69068.36 40202.75 8821.41 8013.287 1158.85 1044.073 2020m11 |
12. | 301915.1 254704.9 60162.96 40202.75 9775.035 8013.287 1370.96 1044.073 2020m12 |
+---------------------------------------------------------------------------------------------------------------------------------------+
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I will paid $25 if u can
Account should create with my gmail
If you can not use one exchange, let's choose another one. Don't try to cheat them to bypass their Verification or anything else to be eligible using their exchange. You will only temporarily allowed to use their platform. When they catch you, your account will be frozen/ prohibited. Another bad reason is you might get trouble with KYC requirement when you submit withdrawal requests. Operators can require you to re-verify anytime they detect suspicious things from your account. Do you mean OP will create you a verified account whose email address is what you will provide? I saw that they allowed multiple accounts. I already have an account with them but haven't verified it yet.
They provide sub-account feature for users. Verification process is processed very fast by Gate.io from my experience. Some of restricted areas are described in their User agreementYou also represent and warrant that you: have not previously been suspended or prohibited by gate.io; are not identified as a “Specially Designated National” by the Office of Foreign Assets Control; are not placed on the U.S. Commerce Department’s Denied Persons List; are not a resident or national of any territory or country where using our service would violate any applicable law; and are not located in, or a resident or national of Bosnia and Herzegovina, Democratic People’s Republic of Korea, Ethiopia, Iran, Iraq, Syria, the Crimean region, Cuba, Uganda, Vanuatu, Yemen, Japan, Canada and the United States of America.
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Hacked Exchanges since 2011. The list is not a perfect one and some hacked exchanges probably were missed. Nevertheless, even with this list, you can see how many exchanges were hacked. 90 exchanges were named in the list that was last updated in January 2021. I hope you can see risks for your capital when you store your crypto on exchanges. However, some points to note: - If you are good at security and have healthy web-surfing habit, choose a non-custodial wallets for your crypto. Secure it by your side. It is your priority
- If you are bad at security and have bad web-surfing habit, choose a big and trusted exchange. I don't say big exchanges can protect you from all stupid things you do. Fortunately, their security structures can protect you somewhat
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I don't imagine anything else that you'll be able to get for free or pennies and then value million times more. I just can't. No lottery will ever give you that. I admire the early adopters and wish I've been one of them, unfortunately no "friend" told me about it and I only joined in 2013 when I've found about it alone, still not bad but could have been better.
Not all early adopters keep their bitcoin safely. Many of them lost their bitcoins by losses of private key, hard disks, passwords, hacks (on exchanges) or from stupid tradings. It is very common to hear stories that I used to own 10, 100 or 1000 BTC and now I only have one tenth of that amount. I would have been a billionaire if I had not lost my bitcoin. I knew (just knew vaguely) about bitcoin many years ago. I don't remember when but a bit later the Mt. Gox hack. Back in that time, local newspapers (under control and censorship of governments) use the term "virtual currency" to mention about bitcoin. That term and the huge loss from Mt. Gox keep me stay away from bitcoin. I did not spend 30 minutes to make my research about bitcoin. My deeply regret honestly. |
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