How come there is no "rise or fall streaks" in bitcoin in January and February of 2021 but the price has managed to go up 78% in the same period? There must have been some increasing streaks during that period, or dropping.
Streaks here (in this topic) are identified with my quoted definition. In order to emphasize that bitcoin has some good in-a-row rises or falls so far in 2021, I presented it in my above post. Definitions- Generally, streaks here are 5+-days streaks (positive or negative).
Those four days in a row should be considered streaks if you ask me, because bitcoin moving to one direction non-stop for 4 days means a lot, considering we are in a very volatile market having 4 days of one direction means that we could be changing a whole lot in that 4 days and not just small numbers neither.
Longest rises or falls are only one day less than my definition to be called as streaks. Like when it reached from 28k to 38k+ price, wasn't that a streak of few days when it happened? Or I remember price reaching from 38k levels to 28k as well, that was a few days of dropping as well.
I know what you meant but in this analyis, I compare the difference in percent between open and close price every day. My formula is not taken into consideration lowest or highest price daily. In any case, I feel like the bear is getting closer and closer, doesn't mean that we will have a loss streak tomorrow, but its closer than it ever was.
Based on charts and some indicators, I am thinking of another pull back for bitcoin dominance. After that and when bitcoin dominance hits its bottom, another big run will be triggered. - To be safe, exit your positions before the end of third week in January
In coming four weeks, bitcoin might be pulled back and altcoin dominance will rise up more. In my forecasts, bitcoin dominance has not bottomed and altcoin dominance has not topped up yet. Changes of dominances for bitcoin, and altcoins are depended on prices of BTC, altcoins and the new altcoin projects. Old altcoins might rally and contirbute to altcoin dominance but new altcoin projects have big biassed contributions as well. You can not exclude the bias factor from new altcoins have sprung up everyday in the bull market. |
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It can be glitch by users who have ranks below Full members but wore avatars before April 1 2015 OR they are Full members after that day, worn avatar, and deleted their avatar later. I thought of two possible reasons according to their registration dates and total merits those account have. More about Bitcointalk's important historic changes |
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In 2021, so far - There is neither rise nor fall streak.
- Bitcoin has been trading up and down in a few days but the general trend is upward. It is understandable as bitcoin is in its parabolic ride.
- The longest rises or falls last four days in a row, in maximum
- Bitcoin has a 78.24% of rise from 1 Jan 2021 (open price at $28,994) to 18 Feb 2021 (close price at $51,680)
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The Chief Executive of Bangladesh Bank, Sirajul Islam said to BBC that there is no existence of Bitcoin in Bangladesh. That's why, the transaction is illegal here.
Two big faults from that statement - No existence of bitcoin in Bangladesh. Is it true? Which evidence or data that guy used to make that conclusion? It is unknown. Bitcoin network and the bitcoin distribution are both decentralized globally. Bangladeshians have bitcoin definitely. Only how much bitcoin they have and how many people have bitcoin are unknown.
- Transaction is illegal. It is a bad idea description. People can make any bitcoin transaction they want. They only get potential troubles with local laws if they make bitcoin transactions to sell bitcoin for fiat, for products (cars, real estates, etc.)
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I'm looking forward to be part of this forum, but I'm kind anxious and worry about what should I write, whether my writing will be good/bad and be right/wrong.
You know, somehow people with more knowledge could be very fierce.
Read rules and don't break them. It is the bitcoin forum and you should prioritize your reading time to learn about bitcoin. |
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Bitcoin - Altcoins - fiats or stable coins. Capital in the market operates with this cycle. Binance is an altcoin and when it as well as altcoin season is cooled down, bitcoin will attract the capital and fuel its growth again. It is true in bull or bear market and with the current market that is bullish, when bitcoin gets more fuel (capital) it will climb a lot. A note is bitcoin is only in its mid of the parabolic curve. Another note is with crypto market, overbought effects can make price exceeds far than any prediction or forecast. |
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I use this site https://bitaccelerate.com recently when my transaction stuck for quite long so give a shot about this option so that your transaction will be confirmed. Another tax accelerator: https://www.viabtc.com/tools/txaccelerator/This accelerator provides two services: free or paid service. The max transactions per hour for free accelerator is 100. See details at the TA section How to use Transaction Accelerator- Free Acceleration: No need to sign in, you can submit any TXID of delayed transactions that at least include a fee of 0.0001BTC/KB. By order of submission, ViaBTC supports acceleration of 100 FREE transactions per hour. Please resubmit your TXID at next new hour (e.g. 13:00 sharp) if it surpasses the hourly limit.
- Paid Acceleration: You must sign in to use this service. The fee will be deducted from your BCH account balance. If the available balance is insufficient, you will then need to deposit to continue.
- We will prioritize submitted transactions to be included in the next block we mine. The block generation time may vary due to the change in luck. For more details, please view the block record.
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I did not like the forum years ago and I thought it is boring with texts but with four-years experience in the forum, I like its current design and also lost the faith that it will be officially went live soon. Communities can help with feedback on github or try to run testing sites for the new forum software. Epochtalk Coinbistro.com Cryptos-currencies.com Blog.mocacino.com |
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Your transaction fee will be decided by the formula - Transaction fee = transaction size * fee rate
If you're using a non-custodial wallet, you are fully controlling fee rate for your transactions. Now, let's assume you use a fixed fee rate for your transaction, so you will get a smaller transaction fee if you can reduce your transaction size. It can be done by two main methods: - Reduce your total inputs and/ or total outputs for your transactions
- With same number of inputs and outputs, you can reduce the size with Segwit address and related transaction to and from Segwit address.
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- To be safe, exit your positions before the end of third week in January
Tesla triggered another wave of bitcoin climb and I hope that you are enjoying the new all time high of bitcoin. At the same time, I hope that you exited your altcoins before bitcoin climbed days ago. In coming four weeks, bitcoin might be pulled back and altcoin dominance will rise up more. In my forecasts, bitcoin dominance has not bottomed and altcoin dominance has not topped up yet. Changes of dominances for bitcoin, and altcoins are depended on prices of BTC, altcoins and the new altcoin projects. Old altcoins might rally and contirbute to altcoin dominance but new altcoin projects have big biassed contributions as well. You can not exclude the bias factor from new altcoins have sprung up everyday in the bull market. |
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Deposits and withdrawals on Bybit.com Currently, Bybit only accepts BTC, ETH, XRP, EOS and USDT deposits, and does not accept other currencies such as LTC, TRX, BCH, etc.
Bybit does not support USDT on TRC-20 chain and with OMNI layer or ERC-20 chain, fee will be expensive. If you want to save a little bit of transaction fee with your small transaction, XRP or EOS are only 2 options for you. Withdrawal fee on Binance - EOS: 0.1 EOS
- XRP: 0.25 XRP
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"1 Bitcoin is still 1 Bitcoin, it is only the value of the dollar falling"
(due to inflation, because the government just keeps printing money out of thin air)
Price of bitcoin has been increasing in more than 10 years since its birthday. The value of satoshi unit has been increasing. People used bitcoin for their bitcoin transactions in the past but in recent years, they more regularly to use satoshis for their transactions. You would know that 1 Bitcoin = 100 million of satoshi unit. Yearly lowest price of bitcoin has been increasing over years as well. |
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AFAIK China only ban ICO and shutdown Bitcoin mining, but people can still holding Bitcoin [1]
In any nation, over the globe, you are free to hold your bitcoin in your bitcoin non-custodial wallet. Government don't touch you and put you into jail if you did not make any crime to get your bitcoin. Bitcoin selling/ exchanging is different and it is the most common restriction from government. They only do restrictions to make locals - Fear of bitcoin
- Fear of pressure and law regulations from governments that can put them into prisons.
- Accept CBDC more than bitcoin or cryptocurrency
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Forum and BPIP website will detect this change and some members may think that there has been some account ownership change or account selling, so my question is what would be the best way to make this change?
You are using the forum and the best is changing it in the traditional method is given by the forum. I've not known any customized method to change such things. - Third-party websites as BPIP are alternative tools and their displayed data can be accurate or inaccurate or it can be terminated anytime.
- BPIP get data from seclog and the forum have backup for such data too
- Does the forum has a public seclog or secret seclog? I guess it does not.
- If a user did not do anything bad after password or email changes, no one care about it.
- If one account is truly changed hands, differences in favorite boards, types of discussions and other factors can be detected easily.
I can also prove ownership for staked Bitcoin address.
As I know of, it is helpful if you want to restore your account or want to change your old to new staked bitcoin addresses. To recap, I don't think the forum depends on BPIP and will accept user request with a customized progress to change email or password because of the statistics given on BPIP. |
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Like many bitcoiners im one of the people who didnt bought bitcoin at 6000$ or even 15k or 20k$ and i wonder if its possible to see bitcoin in at least 20k again
If no should i buy now or wait more to get lower price ?
Something you would change in your thoughts, in my opinion (I could be wrong as well). - Golden opportunities are the ones that give you 2 possible things at the same time and in the future
- Lower risks
- Higher chances to get profits
- Possibly, the margin of loss from entry price is small, and smaller than the margin of profit from entry price
- you have to define what is golden opportunity.
- Currently, you define it as price in USD or USDT that you should not.
- I think you should define it as percent of pull-back or corrections from current all time high or latest peak.
Now, let's move on and look at my analyses From such observations and simple analyses, you can see the pull backs / corrections with the margin from -20% to -30% can be considered as somewhat safely. The percent you will use can be 2 types: - % of intra-day price change (between open and close price / between open and lowest price)
- % of price change in a streak
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92 points for the altcoin month index. It confirms the market is hyped with altcoins within past few weeks but the bigger index, Altcoin season Index is staying at 55 points and has due diligent space to rise more. Altcoins despite of ups and downs, rocks and rolls, they have been heated up to the threshold for altcoin season, not altcoin month. Let's look at today statistics - Altcoin Month Index: 90
- Altcoin Season Index: 63
- The trend has not yet been broken by Tesla (Buys $1.5 Billion in Bitcoin) and a rise of bitcoin few days ago
As said, enjoy the alt parties and if you are careful, exit your positions before the fourth week of February. Let's try to protect your capital and any profit you have earned with altcoins.  Yes, I regret that I did not heed your advice ... Since I really like to trade short, and I decided that one coin [ AVAX] had reached its peak. Who would have thought that literally in 40 days the capitalization of this shitcoin would change 20 times (from 250 million to 5 billion), and at the same time, just a week ago, the capitalization was 4 times less. As it seemed to me, I took a pretty good position and didn't even bother placing a stop loss because the liquidation price was 100% of the entry cost. In General, it was a complete failure ...  Haha. Interesting. I did not said about AVAX and I am thank you you to bring it here. Let's use it as a case study for another possible scam trend in crypto. Do you guess what it is? - Nowadays, developers and scammers try to create projects will lower and lower total supplies. They realized that the era for shitcoins with huge total supplies went a way for so long.
- It is easier to pump the price at beginning days with the 'pseudo', artificial truth about coin or token scarcity (from lower total supplies).
- It is easier to finish their works in few weeks or months with this approach, rather than launching a coin with huge total supply, hope a high price for one coin and if fails, they will burn premined, pre-minted coins later or swap with the ratio of 100:1 (old to new)
- It sounds weird but do you think in future, a shitcoin with a total supply at 10 000 coin will be created ? (might be not but let's observe the market)
If you filter with Circulating supply on coinmarketcap (the site does not allow to filter with Total supply), then sort out prices descendingly, you will see tokens or coins with low circulating supplies have joking high prices. You can filter with circulating supply < 1 million. You can filter total supply with Messario.io's screener and a Pro account. https://messari.io/screener |
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Despite of shit- and spam-posts from bounty hunters that have bad contributions on the general quality of the forum's community posts. I see some good things from signatures (skip annoying factors here). - It shows you a trend in crypto market. The companies run their advertisement on the forum via signatures which have key words on what their projects are all about
- If you leave the crypto market, the forum for a while (months ?) and come back one day, you can scan around the forum and look at what are commonly advertised via signatures. You can find out quickly the trend: ICOs, IEOs, DeFi, gambling, mixers/ tumblers.
- It takes time for you to experience and notice it.
- You definitely don't need the free signal if you are always actively in the market and on the forum
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E.g. December 2016 => Dec. 2017
IMO it will be the same this time, May 2020 => May 2021
- The inaccuracy was corrected by @mikewith.
- You can get more details for past halving days and future halving days. Check Bitcoinblockhalf.com
Past halving event dates - The first halving event occurred on the 28th of November, 2012 (UTC) at block height 210,000
- The second halving event occurred on the 9th of July, 2016 (UTC) at block height 420,000
- The third halving event occurred on the 11th of May, 2020 (UTC) at block height 630,000
So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
Crypto market is not stock market and you can not apply all rules from stock market. Think of it in the meaning of capital operations. If investors take profit with gold and see opportunities in other markets such as stock, real estate or crypto market, they will move their capital a new one. Same goes if stock investors sell in May, what they will go next, Gold, Bitcoin? With the outflows from exchanges and institutional investments, I expect more capital from stock to bitcoin market. It's not only because of May 2021 (if there will be sell off in May in stock market) but also in a long term. |
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In my quest to be part of bitcointalk history I would really love to run my first sig campaign just to experience and try it out, but all campaigns now need Sr.Member at least so I would appreciate any help. I have made some threads in the Altcoin discussion and speculation categories and would appreciate some love (and Merit  ) in my fight to make people aware that a lot of Altcoins are overpriced. Often I will also mention how Bitcoin would have gained them more over time than expensive Shitcoins. You can apply with that one This shitty Merit System has ruined Bitcointalk and made it like FacebookYou are able to make good posts and you can earn merit in a few months and rank up to Senior member. I really believe in your ability and you can get it without any complain about the shitty merit system. No offence. Although merit sources can dump their sourced merits on you and help you ranking up, complain and beg for merit can ruin your chance to get such merit dumps.  Do not beg for merit excessively.
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