I see no reason to expect that the state will decide something. Most likely, the crisis is just beginning. We need to think for ourselves how we will live and what we will do.
I'm not talking about a virus (which will end soon itself), but about what follows after that.
One has now to start adapting the new things in business or have to think out of the box so that it can cater the requirements and create the needs among the people. Now the spending power will reduce after the virus is over. Businesses are already started to get impacted and will become bad as the time passes due to various reasons. So demand will be less and thus leading to the slower economic pace and growth. It will take at least a year or more it seems now for economic revival. It may take even longer than a year. The covid19 cases are still growing and as long as there is closing of cities and businesses, the crisis will be here. Its has just started yet. A year later the industries that closed will have a hard time coping up with the new system. Even if government will declare Covid is gone and safe to go out, lots of us might not go out still. Many people are still afraid to go out of their houses so its a hard start for businesses today even if they find employees to work for them, they may find it hard to gain when there are no clients. |
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You can make money but not substantial to feed yourself every day. If you have the skills, its the fiverr that only works among the list. Somehow all others I find not a very profitable experience. Uber is good and Airbnb is sure a good profit but this is if you have the rooms and you are willing to serve to accommodate while there is Covid these days.
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I'm oftentimes late in investing new projects with great concepts like the Synthetix Network. But there are also projects that are similar to it which is why if you miss the first train, there is always the next one to ride on like Jarvis and OIKOS. My decision is base on the previous project that had made a success in promoting and launching their technology. Say ETH for instance, if you can't afford ETH already then there are new smart contract platforms like EOS and TRON for you.
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This coincap.io the price changes every second. Its real-time even in coinmarketcap, if you just refresh it the price keeps changes not every 15 minutes, all the time. But why do you need the 15-minute interval? The market price changes every time since we all bid for the price not just to BTC but other altcoins.
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When that someone goes into the forum to ask, I would assume he already did his research and resort to asking it to people online because he can't find the answers. Doing your own research is one of the hardest when you don't know where to start but reading some suggestions from different users can put you on the right track.
One problem that a newbie in crypto doesn't know is how to buy Bitcoin. And when an article refers them to a website or company they are already happy to buy BTC. They regret buying later because they submitted KYC documents when a few days after it they knew from other people's posts that submitting KYC isn't good. Their research failed them because they later found out what other users had experienced.
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I've read about this on another newspaper this morning and I think that it could be a great advertising if used properly: although Bill Gates came out in the past with anti-Bitcoin speech, now Microsoft trusts it enough to use its blockchain. (And yes, I know, they've said it in the past too, cryptocurrency is not blockchain and they do like the blockchain tech).
Bill Gates isn't involved with Microsoft much these days, he's just a major shareholder now. And even if he criticized Bitcoin in the past, he isn't a raging nocoiner/buttcoiner who devotes too much time to fightning Bitcoin. Maybe he doesn't even know that Microsoft released this product, or simple doesn't care. As for the tool itself, if the concerns of privacy advocates are real, then it's really not something we should cheer for, just because it uses Bitcoin. Privacy advocates are always going to be wary about Microsofts because like Facebook, it's often what they do in the past and this is why according to Christopher Allen is that the salient result may simply be accelerated data collection which is most likely what will happen. The two companies are going to be associated with breaching privacy. The noblest cause they can do may still shred doubts to people particularly those who are concern about their privacy. |
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Things are not looking great for XRP right now but it is still 4th largest by market capital according to CMC. I wonder the team are planning to do next to try to get XRP implemented in more ways.
It would be a tragedy if XRP did not start picking up soon because the potential to take a solid position and foothold within the fintech industry was there from years ago.
No plans for the team. They are yet not done dumping all their coins? Probably the plan is to put a sell wall on 0.20$ to dump billions of their coins. When all their coins are collected by whoever their investors are, the government will partner up with the ripple team asking for a tool as coinbase did and price dips to -$0.05, they again buy up the billions of coins to recently sold probably at $0.04. |
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If people wouldn't trust the government, there will be chaos first before having the light of crypto economy that we dreamt of. One example of this is the current situation in US where the black community is protesting and that there are looting everywhere. What crypto-economy had achieved today is actually good already, its a slow progress but we'd get there, we don't have to be anti-government. If someone's wallet got hacked and crypto got stolen or someone got cheated then where he should complain then? A crpto only economy will be a safe haven for cheaters and hackers. Rather a balanced centralized and decentralized system will be better for world economy.
Right, we need protection... crypto-only economic is not a safe thing because legal protection from the government has not yet appeared, if there is protection from the government then economic pure crypto is perfect. Sure thing. There are countries already supporting BTC, this alone will make a big impact to crypto economy. There are also banks and institutions, it won't be long we're all gonna be using crypto. We'd realize soon that our parents will be installing wallets without our knowledge. |
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done!
i was able to swap it with uniswap.exchange
Good job. I was also to recommend it but you found yourself already. 87 was airdropped to your wallet right? I also find Uniswap a good exchange, there is no need for registration there and still reliable. I was able to buy and sell coins there without hassle of identity verification. I'm sure there aren't just small investors are lurking there. Its a smooth market where you wanted to buy and get what you want without having to deal with anyone. |
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I don't see many users getting the emails asking for the source of funds though so I guess my account is fine. I don't see any reason to panic if they ask for the source but I'd like to know if a lot of us received the email and goes on without worries after submitting documents. I checked my email which I find nothing is sent to me about it.
I have not logged to my account for a year but I have few tokens I kept like ADA but nothing much.
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They wasted the project by selling Brave to binance, they could have created their own exchange for bigger profits if that is what they want. Not this ref link as they are just dust from BNB. As soon as they started their KYC bullshit, I stopped using the browser. Binance acquiring them was like the last nail on the coffin to the once promising privacy based browser for me. I uninstalled it sometime back and even forgot about it.
Nice discovery OP. I guess my instincts were somehow right.
That is not the case for some users since they more got into it since they tried earning BAT while they keep browsing the internet. The lockdown also locks them up in using Brave browser while browsing facebook. |
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The market is cruel to its nature whether you are humble or proud you once, twice or more, you have lose funds in trading.
If you are open to learn and realize that losing trade means losing money then you will strive hard to learn not to lose. And when you value money that is when you know you wanna make more of it. Learning to trade is different because its a skill often mastered by those who also failed from the beginning. Don't worry if you fail, for now, you will learn later.
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As long as fiat exist, banks will not be gone as the purpose of it is to store money. Even banks does not exist in the early year but the fact that there are places that stores money, it is still in the same concept.
But if banks are gone, it is possible to live without banks, There are still many people who don't have bank accounts but they are able to save a lot of money.
You can find a lot of people who are living without any bank account mostly in third world countries or who are living in remote or rural areas. So yes, it is very possible to live without banks because there are people up until now that who don't own any bank account. But that would mean they are also not using money to buy things, probably just eating crops on the farm and catching fishes. What OP means is living without banks but probably just using cryptocurrency. It's possible in the urban areas in the Philippines without banks if you only have BTC. You need to have a lot of BTC and just using the remittance companies to cash out BTC and then you can buy just anything. |
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So I realized there are so many things that can't be taught in trading.
One major thing I know can't be taught is the psychological aspect of trading.
No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!
What other things can't be taught in trading?
All those videos can give an idea how trading works and what should we do but we can really find our own strategies with our experience, no one can be a successful trader without much efforts so keep trying and learn the things from your mistakes. Psychology of a trader is very simple, just sell for profits so keep holding! That is how easy it is but when they learn to seek more profit the greed strikes. Its often learning to exit and take profit and not finding the ATH. All these can be taught to anyone but discipline is the hardest because each of us has the trading style of our own that fits the psychological being a trader. If you are a risk-taker you will always be that way even if you have less cap. |
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Great news: Hotbit will launch BIP (Minter) on June 8th
Dear Hotbit users,
Hotbit will launch BIP (Minter) on June 8th
2020.06.08 15:00 (UTC+8) opens BIP deposit
2020.06.08 16:00 (UTC+8) opens BIP/BTC, BIP/USDT trading pairs
【HOT MAKER】
Event Duration: 16:00, June 8th, 2020 — 16:00, June 11th, 2020 (UTC+8)
Rules and Regulations:
1. The user is required to place any single order (both buy and sell orders are acceptable) of any BIP transaction pairs with more than 500 BIP in the order.
2. By placing and settling the above mentioned order, the user will receive 100 BIP as reward (each account may claim the reward only once, the rewards are subject to the availability of 50,000 BIP and are claimed on a first come first claimed basis).
3. The rewards of the event will be distributed within 10 business days after the event terminates. Original source - https://hotbit.zendesk.com/hc/en-us/articles/360048962874-Hotbit-will-launch-BIP-Minter-on-June-8thHotbit is a horrible exchange but congrats to those who shall receive 100BIP  I did register to the exchange and I was lost in minutes and it does ask KYC just like the rest. This is a Korean exchange I guess. BIP made it to the Bithumb its certain that it can go beyond that like OKEX probably? |
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Decentralized currencies but centralized trading, that's the reality.
And a study that shows that once again, according to this report, 4 exchange platforms share 90% of the Bitcoin's trading volume (Coinbase, Bitstamp, Bitfinex et Kraken). (It also reminded me of an old article showing that 2/3 of the transactions were related only to trading activities by the way.) Some of the biggest reasons for this are the inadequate demand and the lack of a truly user-friendly decentralized exchange. Many exchanges, which claim to be decentralized, have been centralized on some tokens such as; Ethereum or Neo. In addition to this, there is no decentralized exchange that people can buy Bitcoin via FIAT money outside of Bisq exchange. Also, I cannot even use Bisq in my country because the Tor network is banned. Who would prefer a difficult way if there is an easier way? No one. +1 to that. No one is going to use the decentralized exchanges that have low liquidity, high spread, high barrier to entry (bisq with the limits on trading), and horrible UI. While not many hardcore people care about that, the new people are going to care about all of that A LOT. They want to be able to call someone or email someone if they're having an issue. They want everything to be laid out nicely and for the UI to be nice. That's the world we live in. I still think it is important to build these decentralized exchanges for the hardcore people who want the privacy and the control over funds which is VERY important. Is TOR needed for Bisq? You can provide parameters for your TOR to work whenever its ban in your country. The Socks, Proxy IP address, port, and authentication information are always in the manual and you can always find help, the internet is for all. Deeponion forum has great helpful users of TOR. One thing that you should think of is that if you figured how to use Bitcoin exchanges and its wallets, it's never difficult for you to use any DEX GUI since they all work the same way. Its like learning the old 2010 phone and suddenly you have a new 2020 phone. |
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Discount is a way of attracting potential investor especially with the present state of the market. Every developer are trying everything possible to attract investors. Blaming bounty hunters is a way of escaping from the wrath of investors in the case of price dumb.
This is what usually happens and they who got discounts are the one who normally sells to profit. The bounty hunters don't even get the tokens yet as their rewards while the price hits the sediment already so why blame the bounty hunters? Blaming is easy and gets them off the hook with just a word of it when the fact is that these developers also are the ones dumping the first. |
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We do have a lot of choices but then we prefer to stick to the exchanges where we can make money the most. Decentralization is compromised by big exchanges that asks the mandatory documents from us. If most of the BTC is going to be owned by institutions who once reign the financial system before Bitcoin then we are back to the old system again. By the time we realize it, we may only reason there are other coins out.
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Every trader has their own technical analysis and the PROBABILITY of them to have a good analysis is base on their experience too but oftentimes they are doing a good analysis because indicators somehow had been made to work almost perfectly. Traders may see the probability that the price could go up but a percentage of this probability says it may also go down.
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There is a current project that is supported by binance which is the ZASH. I have read its thread and its a digital currency in Zimbabwe, we are very skeptical about all these but if this project is real and are distributed just freely to all of the people there in the country, they might just have something to work on for their economy. Not sure about the project but you might be interested to check out https://bitcointalk.org/index.php?topic=5251759.0 |
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