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3921  Economy / Economics / Re: Coinbase has filled for going public on: February 26, 2021, 08:43:00 AM
Any ideas if some crypto exchanges will follow Coinbase? Or some exchanges may become bullish about this? We all know that some crypto exchanges these days got their own tokens, which have different uses or benefits if you hold them within their respective platform.
And addition to the Coinbase filing, could be a disaster for Bitcoin or the whole crypto sphere once Coinbase will be rejected?
3922  Other / Beginners & Help / Re: Minimizing bitcoin transaction fee on: February 26, 2021, 08:40:34 AM
Inputs consolidation and sending to multiple addresses
This method is really useful and I am using it regularly.
The best time to do this method is when the transaction fee is cheap, just like 1 satoshi/byte.
If you want to check the current transaction fee, you can use btc.com or coinb.in or this.

For more information about this, @LoyceV created a useful thread for inputs consolidation here.
3923  Other / Beginners & Help / Re: Someone asked me he got $500 to invest in btc, is it the right time to enter? on: February 26, 2021, 08:34:17 AM
Additionally method for buying method these days can be done on average.
Let's say if your friend will buy now at around $44,000 price of Bitcoin, let's say 50% first of $500, her/his choice, then the remaining can be bought next weeks/months, even which price Bitcoin will be.
Honestly, it's really difficult to spot the bottom. But if your friend is for the long term and he will buy and hold then come back in years/decades, the price will not matter for sure.
3924  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Gemini Altcoins on: February 25, 2021, 10:58:30 PM
How does Gemini choose its altcoins? Are the altcoins they list worthy of consideration over non-listed coins? The list seems random to me...
(....)
Such exchanges want to protect their users or customers.
One of the reasons why Gemini or other exchanges only added few cryptocurrencies or trading pairs to there is the market cap, if you notice the list of tradable coins on Gemini, most of them are a high market cap, trading volume too. So it means that the market is active for those coins, a lot of people that are buying & selling.
And also, some exchanges and maybe Gemini too are very strict when it comes to fundamentals, that's why they don't list random altcoins.
3925  Bitcoin / Bitcoin Discussion / Re: The Mainstreaming of Bitcoin and Crypto Continues on: February 25, 2021, 10:52:40 PM
(.....)
(.....)
But now, the challenge is how these small investors and average people could buy Bitcoin when the price is expensive? And much more if the price will be doubled $100k, I keep fiat instead.
Would you rather buy dollars than Bitcoin?
There are a lot of methods how small investors or average people on how to buy Bitcoin even how it is already expensive, just like DCA (Dollar-cost averaging), buying the dips.

And if you are thinking for the long term, the $100k price of Bitcoin for me is extremely cheap. If Tesla able to buy $1.5b worth of Bitcoin at around the price of $30k, why us, small investors, or average people can't buy even a few bucks of Bitcoin?
3926  Economy / Speculation / Re: Has Elon Musk's twit caused the Bitcoin bubble burst? on: February 25, 2021, 10:46:36 PM
Which tweets?
Elon Musk is a funny person sometimes. Some of his tweets are purely just for fun or meme purposes, some may sarcastic.
Even how Elon Musk will make some tweets in the future, people will start to adopt it, people will learn and start to treat it normal, one example is the FUD spreading on random news articles or sources a few years ago.
3927  Economy / Trading Discussion / Re: Why Bitcoin price is so volatile? What are the major factors that drive it? on: February 25, 2021, 10:42:23 PM
Bitcoin price is volatile could because of some reasons.
  • Speculation - different views on Bitcoin. If you are not familiar with or no knowledge at all of Bitcoin, you will not buy it.
  • Bitcoin is still early - a lot of people still not introduced to Bitcoin. Less adoption, less trading volumes.
  • 24/7 can be traded. Compare with stock markets that they have opening hours and closing hours for trading

Comparing other assets with Bitcoin especially with the stock market is good with the price only, but technically on fundamental, they are totally different. And they're also some charts that showing some correlations with other assets' price on Bitcoin price, just like gold.

I believe having a lower market cap, is more prone to price manipulation, whales can able make some move to price themselves.
3928  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Scam Coin On Binance on: February 25, 2021, 09:55:04 AM
Is there any scam coin on BINANCE?
No idea about this. When it comes to listing coins, I think Binance is very careful with listing coins. And not sure any scam coin would find its way into Binance
Nah. Even how Binance is very careful to check before listing, there are still a lot of altcoins that are listed on their exchange that may turn into SCAM or some of them are already scam but people still don't notice it.
Since at the first, how can we define a "SCAM COIN" at first? Can we tell Ripple(XRP) is a scam coin? Bitcoin Cash? It's kinda difficult to tell if there is no specification.
3929  Economy / Exchanges / Re: MicroStrategy has bought more $1.026 billion worth of Bitcoin. on: February 25, 2021, 09:41:42 AM
That's a huge purchase. Michael and his company know what exactly they're doing. MS is one of the companies that has been stably buying bitcoin, a dip or not. There's also news for it from CNBC.
(https://www.cnbc.com/2021/02/24/microstrategy-buys-more-than-1-billion-worth-of-bitcoin-adding-to-massive-holdings.html)
Now I don't think Saylor and MicroStrategy know exactly what they're doing. Because they could buy BTC below 10k$ during almost 2 years and they didn't do it, they've waited 50k$ and now they are FOMOing at the ATH...  Undecided
You do realise this the their 3rd purchase of Bitcoin to date. Their first purchase was last year at $11,111 or so. Then they made another purchase I think at $25K and then this purchase at $53K, they got a very low average price right now.
(....)
The total of 90.5k BTC that MicroStrategy owns at around $24,000 price average now. They are still up around 50% if you compute it now, but this is not the deal, not the short term. Michael Saylor indeed looking for the long term, that's why they bought another around $1billion worth of Bitcoins recently at above $50,000 price.

+1 with adaseb, who else don't want Bitcoin with limited supply compare to those dollars with you don't the supply  Wink
3930  Economy / Speculation / Re: Next target 40-42k area before new ATH? See 2 year moving average on: February 25, 2021, 09:20:38 AM
$40,000 - $42,000 if our next stop will be around $100,000. Since OP is using the 2017 top or price action, which seems also valid for me.

I agree on with the chart too, especially lately Bitcoin can't even manage to stay above $50,000 which the $40,000 level is really near and very possible. Even $30,000 is possible this time.

But if we will follow the chart, so even we will buy now and dump below $40,000 we will still have no loss if the top will be around $100,000.
3931  Economy / Trading Discussion / Re: Caution: Don't get carried away by social media vibes while trading on: February 25, 2021, 08:48:34 AM
If you are a trader, this kind of activity may profitable to you BUT risky too.
I already tried this before, it's like "go with the flow", even you are late, but it's up to you how you define late with this kind of activity, but most of my entry before was all profitable, entered at pullback then I am sticking with my goal or price target, profit is already a profit.
Some also are taking advantage of this activity by betting against it, like maybe after some huge price action, they are betting against it, to drop if you are against on the pump, vice versa with bullish if is dumping.
3932  Bitcoin / Bitcoin Discussion / Re: The Mainstreaming of Bitcoin and Crypto Continues on: February 25, 2021, 08:28:48 AM
Long-term indeed, imagine Bitcoin is now suitable to store billion of a company's balance sheet? So, what are the reasons for those company for putting Bitcoin on their balance sheet, especially Tesla, CEO is the world richest man in the world? Those billions are not joke for them, a lot of people will get affected if those can easily be lost.

3933  Bitcoin / Bitcoin Discussion / Re: Knowing bitcoin is achievement on: February 25, 2021, 08:21:41 AM
Who else in the world doesn't want Bitcoin which is only limited supply compare with your fiat that is an unlimited supply.

Speaking of the news you said OP that interest you, there are a lot of news sources out there that may start to spread FUD, yes we can say most of their articles or news are good but sometimes they are the source of FUD (some negative news w/out fact or proof) that may manipulate you and may lead you to losses.
3934  Economy / Services / Re: Ways to earn crypto as a new programmer on: February 25, 2021, 06:59:03 AM
For OP. If you want also to look for clients within this forum, you can. I already tried to do some coding gigs with a fellow member here before.

My advice if you want to start in this forum is you create your Announcement thread, or your own thread showcasing your talent & skills. Just like creating your portfolio, but within this forum and within a thread.
Additionally, much better if you provide some of your projects before that may be proven your skills and plus points to your clients.
Btw, you have quite good skills and experience, you can easily find clients.
3935  Alternate cryptocurrencies / Speculation (Altcoins) / Re: KIN Pumping! on: February 24, 2021, 02:27:01 PM
Solana is the big thing here, it was the key to why KIN is pumping, and as you can see FTX exchange just recently added KIN to their exchange.
And if you also check Solana with recent days/hours, it is also pumping. Solana and FTX Exchange got some connection and that's why I believe it is pumping because of Solana at all. Let's hope the pump is organic.
3936  Economy / Speculation / Re: A guy celebrating Bitcoin reaching $100 on: February 22, 2021, 11:18:55 PM
Update everyone
The guy on the video got another video a few days ago which I saw on the Twitter of @DocumentingBitcoin.

If you will check the tweet here: https://twitter.com/DocumentingBTC/status/1363157120041033732?s=20

The answer for the majority question of the people to the guy is he HODL along the way? The answer is yes, and as he said, he bought more and HODL again. Congratulation to him for having no weak hands, he really worth the patience!
3937  Bitcoin / Bitcoin Discussion / Re: 1NiNja1bUmhSoTXozBRBEtR8LeF9TGbZBN on: February 22, 2021, 11:06:59 PM
It's probably a paper wallet Wink
And it's probably he lost the private key,  Smiley
Damn, that's a scary thought.  Shocked
If he lost the private keys, he can probably change the donation bitcoin address on the bitaddress website anytime.
As what @BitMaxz said, he/she still active on Github. But the repository of Bitaddress is still no changes or other commits since 2016.
The owner got diamond hands Cool, HODLER  Cool.
3938  Alternate cryptocurrencies / Altcoin Discussion / Re: And yet another problem for promoters on: February 20, 2021, 09:30:42 AM
Are you joking?

Only 1% bounties are paid with BTC, USDT and Tron or can be called top cryptocurrencies, while the rest pay using it's own token. They're not paying with Ethereum, but their token are run in Ethereum network... that's why they complain about the high fees (also with Bitcoin).

Then if you afraid of this problem, all you need is just avoid all bounties paid on their own coin.
I think OP wants to say is their own token run under Ethereum network, that's why the transaction fees can is high if you do transactions under Ethereum.

A solution is to find other bounty campaigns that don't run under Ethereum network or some payment method are not in Ethereum network.

This has already happened recently with Amepay bounty campaign, there is a user who created a thread under Scam Accusation because of this problem.
Check the thread here: Amepay does not keep payment promises Bounty
3939  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Reef coins on binance on: February 20, 2021, 09:21:26 AM
I am bullish on Reef because they are powered by the Polkadot ecosystem and they are also another DeFi project which is one of the trends these days. They are under Polkadot so I believe users will not complain about the transaction fees just like on Ethereum now. If you also try to look at their roadmap, at Q3 2021, there you can see the NFT Baskets. So, they will gonna enter the NFT which is starting to trend again these days.
3940  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why is it cheaper to replace 1inch with uniswap than with 1inch.exchange? on: February 20, 2021, 09:03:04 AM
Have you tried to check the GAS fee you set? You can try to compare the two with the same GAS price for the transaction fee.

But I think it is because 1Inch is using Balancer as liquidity source instead of Uniswap or other sources.
If you are really concerned about the transaction fee, then Uniswap is the best for you.

You can read more about the comparison of 1Inch and Uniswap here: https://dappgrid.com/1inch-vs-uniswap/


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