I don't complicate things so let's keep it simple with pure charts. Each viewers will watch and interpret them in their own perspectives. - Bitcoin Dominance reaches its temp resistance.
- Altcoin dominance might bounce back
- DeFi might rise higher before being pulled back or it will be pulled back very soon
- Don't forget to exclude the large portions of DeFi from Altcoin dominance.
What does it mean? - Bitcoin might rise higher after hours ago correction
- Altcoin bounce back to come but not too soon
- DeFi game won't last for too long
It is my own thoughts!  |
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It happened and I think it is a beginning. It is the time to protect profits you have gotten and show your wise decisions. Don't let candles steal all your profits (and worse your initial capital) away within a few minutes. |
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1) I thought I installed Electrum on my PC but I can't find the program after I close the Electrum interface. The only way I can figure to get to the 'interface' (wallet) is to re-run the setup.exe file. Is that the way it is supposed to work? I thought I was installing a program.
I don't know which OS your PC has. For Windows, click on the Search icon and type Electrum, you will see Electrum in the result list and hover the mouse on Electrum icon, right click and choose "Pin to Taskbar". You are done. 2) If at this point, what I want to do with cryptocurrencies is to have a means to make payments but be able to move in and out of the cryptocurrency to protect against devaluation, what are the top things I need to do?
I don't understand what you are saying. Please express it more. 3) Also, is there a standard fee/commission for buying and selling crytocurrencies?
Fee for trading will be different by exchanges and by trading action types: taker fee and maker fee. Later withdrawal fee as well. I quoted my post to help you out. |
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Yes, it is what I meant. Currently the user profile page will have 3 lines (and links) at bottom: - Show the last posts of this person.
- Show the last topics started by this person.
- Show general statistics for this member. (it already was disabled)
"Show the topic list of this person." is the line I'd request. As said, I can do it myself and customize its with boards (in my draft, bookmark or in Archival) but the list can be helpful for guys who don't know hidden pages. We can put a link to all threads on user profile but we would need something more complex to do it by board.
I would be integrated on BPIP for people who want to search for list of productive or reputable members. It is not necessary for the extension because there is limited productive members so that the default topic list for all boards is enough. It looks like you included 2 threads of mine in OP. Thank you. I hope you don't mind  You are welcome. The inclusions mean I did some helpful contributions. |
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Amazing indeed! Could you bring it to your tool, please. It looks like you included 2 threads of mine in OP. Thank you. |
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Bitcoin is on fire. The momentum has not reached its peak yet but it does not mean the peak of momentum will be reached soon. On the other side, more movements of bitcoin out of exchanges and became biggest wave since 2017. People wanted to hold bitcoin for the full bull mode. We are not yet in full bull mode, it is just a warming up. It is another data that I don't bring it to you here but the mempool shows interesting thing (somewhat reflects that hold trend). Despite of bitcoin rises in last 2 weeks, less and less unconfirmed transactions in the mempool. People are not in hurry like 3 to 4 weeks ago.
Be careful if you are margin enthusiast and if you use high leverages. Massive weak down might happen anytime and it will kill you with high leverages. |
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I warn you should be cautious if you are trading with high leverages due to 2 visual things from the chart: - Bitcoin blasts off and moves all the way up in short period
- After reaching its peak, it weaks all the way down in short period too
BUT the volume chart shows the rise in 2020 has not yet reached its biggest momentum (in volume). It is a thing to note and keep in mind. Anyway, it is not my financial advice and use the leverage you can control of liquidation risks and make your plan to take profits. Personally, I take profits in different batches. I don't take profits in one order or at one price or in one day. For you, it is your decisions. In financial games, when everyone is talking about one thing, you know what to do. |
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The date is outdated but with it you can see the total amount of bitcoin is hold on Grayscale accounts for ~ 22% of daily trading volume (on that day ~ 2 054 390 but last 24h trading volume is 1 989 670). It is not changing much but you can do your own updated calculations with my methodology hereSources:
As @bitmover and @mk4 discussed, neither Grayscale nor their investors dump all their bitcoin within a day. |
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Anyway, my merit distribution along with activity has certainly been impacted by recent events, however it does seem to be slowly getting better. It might be interesting for the statistics guys to evaluate this, as restrictions, and economies get back online which I believe most countries are making progress towards.
It is difficult to get any causal data interpretation when using different data sets from different sources and data collection methodologies are unknown. These charts are visually presenting a combination of data and with some unknown bias factors. The 2020 plot (I used a multiplier at 10 for daily merit to get better visualization on the plot). The pandemic, lockdown, economic status probably did not affect (or unsignificantly affect) daily merit distributions (of course, there are bias factors are not taken into considerations here). The unemployment rate in Europe is given by Lucius. |
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Also, the decline at the end of charts shown above is because the November has not ended yet.
The last Friday merit data dump is ended at 13nov2020 02:49:22 GMT time. Just less than first 3 hours of 13nov2020. Totally, there are 87 merit distributed in that short censored period of 13nov2020. Data is for 146 weeks (with latest Friday merit data dump): - Las week - 2020w46 is dropped because it has 3 days, last day is incompleted day.
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Here you go: Data is for 146 weeks (with latest Friday merit data dump): - First week is not completed one
- Las week - 2020w46 is dropped because it has 3 days, last day is incompleted day.
Findings: - Median of weekly merit is 4669.5 ~ 4670 with the interquatile range is 4260 to 5392.
- Sum of merit in 2020w45 is 4506.
- 2020w45 is -3.5% less than median of weekly merit (not much signifcant fall and it happens several times in merit history)
- The fall in 2020w45 is still less than median value of diff neg at -8.8% (see at bottom). It is normal
- Charts and bottom tables show there are significant spikes and no significant weak-downs
- Lastly, sourced merit will be replenished each 30 days since the day each merit was distributed by merit sources. It means merit sources sometime drain out of sourced merit. I don't want to point out when it usually happens but there are weeks or days merit is more intensively distributed than in the other days.
Summary stats: variable | N mean sd p50 p25 p75 min max
-------------+--------------------------------------------------------------------------------
merit | 146.0 5404.3 3024.1 4669.5 4260.0 5392.0 3186.0 27920.0
----------------------------------------------------------------------------------------------
Details: +-----------------------------------+
| week median merit diff |
|-----------------------------------|
1. | 2018w4 4669.5 27920 497.92 |
2. | 2018w5 4669.5 20930 348.23 |
3. | 2018w6 4669.5 14042 200.72 |
4. | 2018w7 4669.5 11901 154.87 |
5. | 2018w8 4669.5 8879 90.15 |
|-----------------------------------|
6. | 2018w9 4669.5 9005 92.85 |
7. | 2018w10 4669.5 7178 53.72 |
8. | 2018w11 4669.5 7340 57.19 |
9. | 2018w12 4669.5 7138 52.86 |
10. | 2018w13 4669.5 6392 36.89 |
|-----------------------------------|
11. | 2018w14 4669.5 6542 40.1 |
12. | 2018w15 4669.5 5946 27.34 |
13. | 2018w16 4669.5 4449 -4.72 |
14. | 2018w17 4669.5 4820 3.22 |
15. | 2018w18 4669.5 5043 8 |
|-----------------------------------|
16. | 2018w19 4669.5 4685 .33 |
17. | 2018w20 4669.5 4431 -5.11 |
18. | 2018w21 4669.5 3903 -16.42 |
19. | 2018w22 4669.5 4248 -9.03 |
20. | 2018w23 4669.5 4473 -4.21 |
|-----------------------------------|
21. | 2018w24 4669.5 3953 -15.34 |
22. | 2018w25 4669.5 4574 -2.05 |
23. | 2018w26 4669.5 4684 .31 |
24. | 2018w27 4669.5 4367 -6.48 |
25. | 2018w28 4669.5 4109 -12 |
|-----------------------------------|
26. | 2018w29 4669.5 4277 -8.41 |
27. | 2018w30 4669.5 3809 -18.43 |
28. | 2018w31 4669.5 3489 -25.28 |
29. | 2018w32 4669.5 4199 -10.08 |
30. | 2018w33 4669.5 3767 -19.33 |
|-----------------------------------|
31. | 2018w34 4669.5 3763 -19.41 |
32. | 2018w35 4669.5 3186 -31.77 |
33. | 2018w36 4669.5 3536 -24.27 |
34. | 2018w37 4669.5 3586 -23.2 |
35. | 2018w38 4669.5 9587 105.31 |
|-----------------------------------|
36. | 2018w39 4669.5 4508 -3.46 |
37. | 2018w40 4669.5 4325 -7.38 |
38. | 2018w41 4669.5 3981 -14.74 |
39. | 2018w42 4669.5 4424 -5.26 |
40. | 2018w43 4669.5 4386 -6.07 |
|-----------------------------------|
41. | 2018w44 4669.5 3321 -28.88 |
42. | 2018w45 4669.5 4175 -10.59 |
43. | 2018w46 4669.5 4047 -13.33 |
44. | 2018w47 4669.5 4606 -1.36 |
45. | 2018w48 4669.5 3791 -18.81 |
|-----------------------------------|
46. | 2018w49 4669.5 3596 -22.99 |
47. | 2018w50 4669.5 3689 -21 |
48. | 2018w51 4669.5 3615 -22.58 |
49. | 2018w52 4669.5 3687 -21.04 |
50. | 2019w1 4669.5 4584 -1.83 |
|-----------------------------------|
51. | 2019w2 4669.5 6102 30.68 |
52. | 2019w3 4669.5 5776 23.7 |
53. | 2019w4 4669.5 4582 -1.87 |
54. | 2019w5 4669.5 4408 -5.6 |
55. | 2019w6 4669.5 4505 -3.52 |
|-----------------------------------|
56. | 2019w7 4669.5 4259 -8.79 |
57. | 2019w8 4669.5 4314 -7.61 |
58. | 2019w9 4669.5 4726 1.21 |
59. | 2019w10 4669.5 4979 6.63 |
60. | 2019w11 4669.5 4295 -8.02 |
|-----------------------------------|
61. | 2019w12 4669.5 4690 .44 |
62. | 2019w13 4669.5 5728 22.67 |
63. | 2019w14 4669.5 4695 .55 |
64. | 2019w15 4669.5 5253 12.5 |
65. | 2019w16 4669.5 4880 4.51 |
|-----------------------------------|
66. | 2019w17 4669.5 4260 -8.77 |
67. | 2019w18 4669.5 4817 3.16 |
68. | 2019w19 4669.5 5002 7.12 |
69. | 2019w20 4669.5 5596 19.84 |
70. | 2019w21 4669.5 4693 .5 |
|-----------------------------------|
71. | 2019w22 4669.5 4342 -7.01 |
72. | 2019w23 4669.5 4597 -1.55 |
73. | 2019w24 4669.5 5373 15.07 |
74. | 2019w25 4669.5 4629 -.87 |
75. | 2019w26 4669.5 4672 .05 |
|-----------------------------------|
76. | 2019w27 4669.5 3882 -16.86 |
77. | 2019w28 4669.5 4462 -4.44 |
78. | 2019w29 4669.5 4005 -14.23 |
79. | 2019w30 4669.5 4377 -6.26 |
80. | 2019w31 4669.5 3603 -22.84 |
|-----------------------------------|
81. | 2019w32 4669.5 3346 -28.34 |
82. | 2019w33 4669.5 3965 -15.09 |
83. | 2019w34 4669.5 3811 -18.39 |
84. | 2019w35 4669.5 3579 -23.35 |
85. | 2019w36 4669.5 3683 -21.13 |
|-----------------------------------|
86. | 2019w37 4669.5 4005 -14.23 |
87. | 2019w38 4669.5 4382 -6.16 |
88. | 2019w39 4669.5 4348 -6.89 |
89. | 2019w40 4669.5 4209 -9.86 |
90. | 2019w41 4669.5 4701 .67 |
|-----------------------------------|
91. | 2019w42 4669.5 5160 10.5 |
92. | 2019w43 4669.5 5375 15.11 |
93. | 2019w44 4669.5 4816 3.14 |
94. | 2019w45 4669.5 4753 1.79 |
95. | 2019w46 4669.5 11070 137.07 |
|-----------------------------------|
96. | 2019w47 4669.5 20397 336.81 |
97. | 2019w48 4669.5 6271 34.3 |
98. | 2019w49 4669.5 4650 -.42 |
99. | 2019w50 4669.5 4832 3.48 |
100. | 2019w51 4669.5 6066 29.91 |
|-----------------------------------|
101. | 2019w52 4669.5 7058 51.15 |
102. | 2020w1 4669.5 5745 23.03 |
103. | 2020w2 4669.5 5395 15.54 |
104. | 2020w3 4669.5 7247 55.2 |
105. | 2020w4 4669.5 6646 42.33 |
|-----------------------------------|
106. | 2020w5 4669.5 6756 44.68 |
107. | 2020w6 4669.5 5573 19.35 |
108. | 2020w7 4669.5 6923 48.26 |
109. | 2020w8 4669.5 6314 35.22 |
110. | 2020w9 4669.5 5237 12.15 |
|-----------------------------------|
111. | 2020w10 4669.5 4622 -1.02 |
112. | 2020w11 4669.5 5109 9.41 |
113. | 2020w12 4669.5 5603 19.99 |
114. | 2020w13 4669.5 5392 15.47 |
115. | 2020w14 4669.5 6061 29.8 |
|-----------------------------------|
116. | 2020w15 4669.5 5094 9.09 |
117. | 2020w16 4669.5 5052 8.19 |
118. | 2020w17 4669.5 4539 -2.79 |
119. | 2020w18 4669.5 5699 22.05 |
120. | 2020w19 4669.5 5648 20.96 |
|-----------------------------------|
121. | 2020w20 4669.5 5802 24.25 |
122. | 2020w21 4669.5 5334 14.23 |
123. | 2020w22 4669.5 4662 -.16 |
124. | 2020w23 4669.5 4676 .14 |
125. | 2020w24 4669.5 4190 -10.27 |
|-----------------------------------|
126. | 2020w25 4669.5 4366 -6.5 |
127. | 2020w26 4669.5 4474 -4.19 |
128. | 2020w27 4669.5 4630 -.85 |
129. | 2020w28 4669.5 4673 .07 |
130. | 2020w29 4669.5 4485 -3.95 |
|-----------------------------------|
131. | 2020w30 4669.5 4518 -3.24 |
132. | 2020w31 4669.5 4963 6.29 |
133. | 2020w32 4669.5 4074 -12.75 |
134. | 2020w33 4669.5 3986 -14.64 |
135. | 2020w34 4669.5 5330 14.14 |
|-----------------------------------|
136. | 2020w35 4669.5 5974 27.94 |
137. | 2020w36 4669.5 4667 -.05 |
138. | 2020w37 4669.5 4290 -8.13 |
139. | 2020w38 4669.5 4983 6.71 |
140. | 2020w39 4669.5 4227 -9.48 |
|-----------------------------------|
141. | 2020w40 4669.5 4762 1.98 |
142. | 2020w41 4669.5 4752 1.77 |
143. | 2020w42 4669.5 4826 3.35 |
144. | 2020w43 4669.5 5216 11.7 |
145. | 2020w44 4669.5 5142 10.12 |
|-----------------------------------|
146. | 2020w45 4669.5 4506 -3.5 |
+-----------------------------------+
  A few data for difference (pos: >=0 compares to median; neg <0 compares to median). Data shows when weeks have higher total merit than median, it usually increases +15.5 % (IQR = 4.5 - 36.9%). When weeks have lower total merit than median, it usually decreases -8.8% (IQR = -16.9% to - 4.2%) Diff positive (>=0) variable | N mean sd p50 p25 p75 min max
-------------+--------------------------------------------------------------------------------
diffpos | 73.0 42.4 83.3 15.5 4.5 36.9 0.1 497.9
----------------------------------------------------------------------------------------------
Diff negative variable | N mean sd p50 p25 p75 min max
-------------+--------------------------------------------------------------------------------
diffneg | 73.0 -10.9 8.2 -8.8 -16.9 -4.2 -31.8 -0.1
----------------------------------------------------------------------------------------------
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Hi WO_gang again, The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume. It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come. But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit. It is not my financial advice. 4 years: 2017 to 2020 In 2017 and 2020 |
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The time-series plots (charts) give you enough visual data for daily high price (in 2017, 2018, 2019, 2020) and daily volume. It has around 45 days till the end of 2020 and if history repeats itself, better things not yet to come. But be careful with your trading orders and extremely careful if you are trading with high leverages. You can keep your greediness and wait for higher price in rest days of this year but it is not a most wisely way to take profit. It is not my financial advice. 4 years: 2017 to 2020 In 2017 and 2020 |
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It seems that paypal is one of the most common ways to buy bitcoin when they offer already their service for cryptocurrency. This must have been the reason for a huge leap of bitcoin market.
Bitcoin changes PayPal but PayPal does not change Bitcoin, never ! Well, good move by paypal platform though some of the transaction from paypal can be reverse and that can be the reason why many people get scam through paypal platform. However, I think they are improving their platform and that include improving their KYC system.
It is called as chargeback. KYC is risky and I will try to not use a platform with KYC. I do use some but if I have other options to choose and ignore KYC, I will choose non-KYC options. KYC does not a gold mark or badge that your trade partner is not scammer. |
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Again news only censor and show you the most interesting and eyes-catching for readers. The article https://cryptobriefing.com/paypal-reaches-85-binance-us-volume-first-month/ brings a chart for you And if you simply read the article, see the chart, don't double check, you believe it is a growth to all time high volume (news want you to believe that to stimulate your greediness and emotions). In contrast, if you see the original chart with wider window (all time), you will see the total volume on iBit had some spikes that are much bigger than recent weeks. What happened with such spikes are another stories and it is your exercise. Check the chart at: https://nomics.com/exchanges/itbit#chartIs the growth stable, is it simply from the new product or just a side-effect of new product and the FOMO with Bitcoin? The trading volume of Binance US in the article almost correct if you check them with coinmarketcap or coingecko. Despite of some ups and downs and current weak downs, trading volume of Binance US is on a growth journey this year. My point is: Read news, then try to investigate its validity (things are hidden) and make your own conclusions. |
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The forum has the Alternate cryptocurrencies for Altcoins with some boards Technically, staking is a derivative of mining. I see Altcoin staking is fitted in Mining (Altcoins) board. You can debate that staking, yielding, farming are different than mining. They are different (not much as differences of ICOs, IEOs) and the truth is most of staking, farming, yielding coins or tokens will die over time. The forum does not need a special cemetery child boards for future walking-dead projects. |
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