I am 100% agree demo trading websites are extremely helpful for traders, especially those starting to trade or newbies. If you have low funds, instead of practicing and making a small order in such exchanges, its better to start with trading exchange demo. Btw, here is also alternative trading exchange demo: https://testnet.bitmex.com/Testnet of Bitmex, you can also long or short the market.
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I remember when I started to trade cryprotocurrency which most of the wrong doing or bad practice in trading was I done, result was getting rekt. But those bad practice makes me become better trade, I continue to learn after those experience and become better trade compare to before.
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I love your chart, you have point especially it is for kinda mid-term which takes months. $5,500 area now is a possible huge horizontal support area of Bitcoin, but it takes time to go dump there. Breaking a $7,000 key support level will be more positive for me to see the $5,500 level. As Bitcoin now still neutral, I want to see first $10,000 before $5,500. What do you think? If we will able to reach $10,000 by the end of the month, your chart will be invalid?
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Good point! He didn't do a basic research about his idea (many members here had the same idea, to create a PvP game, but more than that we never hear). (....)
Let's hope OP that is not misunderstood the game he/she mentioned. Since maybe what he/she mean about player vs player is like a poker or some card games for example that is only for 1 versus 1. On first glance, after I read the OP especially the title of the thread, it seems like a new level gambling especially it needs personal skills to play with it, not by pure luck. And for sure since OP mentioned "developer idea", it's the kinda techy part where it will be developed from the scratch.
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What's the major difference between these two actors in the crypto industry?
What the difference for me is first the analysis using of these two types of people in cryptocurrency; trader and investor, which the trader for sure is more on technical analysis, like more on analyzing a chart, while the investor part is more on fundamental part since they are more for long term part. Most of the investors will look forward to the long term, effects on it in the future, events, news are important for them. While traders will make only money, even how worst some cryptocurrencies are, they will more base on what they see on their chart.
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It feels like fiat currencies are collapsing and this should be the time for BTC and crypto in general to shine but instead adoption is being slowed down by a relatively flawed economic incentives system and greedy miners... Where is the lighting network?
I feel you, living in third world countries and those figures on just transaction fees is already expensive. Having huge transaction fees on Bitcoin is really a pain in the ass especially even you will just move a few amounts, I feel you. About the lightning network which runs on the top of Bitcoin, for me, it's still not that so popular so there are still few people using it. But as the time goes by, people using the lightning networks are increasing, and let's hope that using the lightning network will become easy especially settings up your channel, send/receive.
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The bitcoin network clearly showed that if satoshi makes transactions the price drops. Even if he is not satoshi, big transactions from old generated blocks is creating a trouble in the market.
For me, this will not matter anymore at all especially as the time goes by, we are still not dropping at 0$. Even if we say Satoshi will sell all of his/her Bitcoin and price of Bitcoin will drop to below $3,000? $1,000? So what's next? We are not sure that cause of those drops, we don't have 100% proof. Maybe it's just a coincidence? Who knows.
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1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary? 2. If you use cryptocurrency for payment, what currency will you prefer to choose and why? 3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity? 4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!
1. I will use only a particular cryptocurrency that will cause me more comfortable, convenient, and also less cost (especially in transaction fees). In buying some shops now, it's like kinda not always a good idea to use cryptocurrency, not in all cases. 2. I will use fewer transaction fees, Bitcoin will do also especially the Lightning network that runs on the top of Bitcoin, it is amazing! I am not aware on some altcoins but there are a lot of altcoins that are fast and cheap transaction fees. 3. Yes, but not all of the altcoins are good. 4. More use cases and transparency, if the scam or not legit altcoins will be lessened for sure, some altcoins will gain popularity and more people will use altcoins in different cases.
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I am not excited at all with Tron updates especially that Tron 4.0, I am much excited with the Ethereum 2.0. There are also some big crypto twitter celebrities there that are bashing or making fun with Tron 4.0 of Justin Sun on Twitter. Comparing Tron to Ethereum is the dumbest thing in cryptocurrency, Tron is extremely far away with Ethereum. Remember the issue of Tron's Whitepaper that there is some part there that are copied from Ethereum's whitepaper?
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I love the way you did to the chart, especially the Fibonacci retracement, which seems like aligning and precise. The 0.786 here is the key resistance level for the short term part, especially you are using 30 minutes time frame. Breaking $9,500 could be a good move for Bitcoin here, looking forward to breaking the $10,000 level once we are done with $9,500.
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You can trade anytime but not all the time, especially when you are trading margin. I know some people who are much better when a bear market or bull market, like if in a bear market, you can short some cryptocurrency if you are trading in margin exchanges. Always remember, waiting for a good opportunity to trade is the best, don't enter the trade because of FOMO, wait for a pullback or some correction.
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And also Ethereum is still -85% to it's all-time-high, more way to go that's why I also bought some Ethereum to hold it for long term. There are some altcoins that are still undervalued like XRP or Bitcoin cash which they are around -90% from their all-time-high but I don't trust their project even they are undervalued, what I am looking forward is the Ethereum especially for the Ethereum 2.0.
I agree with you, eth has failed to perform from the past 2years. Many of them who bought in it's peak are holding it and waiting for their turn but unfortunately there is no any positive signs of massive pump of ETH, However we cant expect some big pumps these days so I am eagerly waiting to see the ETH 2.0 project and I would like to invest in it for a better tomorrow.. Yep, that is only the downside on Ethereum, a lot of people expected the Ethereum 2.0, or the Ethereum will become Proof-of-stake around year of 2019 - 2020, but until now, still none. But let's hope and pray that it will become available on this year 2020, we still have some more months. For me, I am not rushing since we still have more time, that feature of Ethereum is already planned and for sure it will be completed in the near future, no need to rush, accumulate more is much better.
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Among the list for me the most is the Blackjack is much excitement, (.....)
It's kind of the same to poker where you have to decide what to do every card shows up. For me poker is exciting too and you can also decide wether to continue play or fold. (....) There is no poker in the poll. I agree with you that is poker is much exciting since it is also not a fast-paced game compare to blackjack. It's a kinda dumb idea if we compare poker to other card games especially the BlackJack, although they have some common like the fold or to continue, in short; Poker is like the next level of card game that much more complex compare to Blackjack, since Blackjack is much newbie-friendly.
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This is what it looks on the chart. Started around February 2020 when we reached above $10,000 and fall after it, we always touching $10,000 or almost of it yet falling down again. So, we will consider the $10,000 level is strong resistance there that Bitcoin need to break. For sure, once we will able to break it again and stay there for weeks, we can see again the $13,000 or above just like what happened in 2019.
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And also Ethereum is still -85% to it's all-time-high, more way to go that's why I also bought some Ethereum to hold it for long term. There are some altcoins that are still undervalued like XRP or Bitcoin cash which they are around -90% from their all-time-high but I don't trust their project even they are undervalued, what I am looking forward is the Ethereum especially for the Ethereum 2.0.
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If your account was banned and it's still banned, then it's against the forum rules to use an alt account, and this account will be banned too. (...)
But it seems OP is not banned at all as he/she said, only got a bad reputation. Still not a good move to create a new account. But this is called Ban Evasion and it is against the rules of the forum. It's on the number 25 in rules on this thread: Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQIf you are banned and decided to create a new account, you should only use it on Meta Section for ban appeal on your account, like if you want to defend why you are banned. 25. Ban evasion (using or creating accounts while one of your accounts is banned) is not allowed.[e]
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Among the list for me the most is the Blackjack is much excitement, why? Because it is not fast paced compare to dice game (normal dice game) and that it can take few seconds to finish. While blackjack, you can decide if you want to hit or deal another card or stay which your current card will be final. It's excitement for me since you have the decision stage for every deal, unless you immediately got 21.
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I also want to share about underground gambling activities, since for sure government can't minimise it or prevent it. Casino for sure is normal. Here in our country there is also underground cockfighting during this pandemic crisis, since the government decided to cancel all cockfighting activities so some people organised underground, and in different area, police always raid them.
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(....) Correlation doesn't equal causation, any logical trader will realize that the halving is simply incidental at this point, it will take some time until the reduced mintage has a knock-on effect on the price action of Bitcoin. (If ever).
Because people think that the block halving on Bitcoin could trigger the price of Bitcoin for parabolic move. Why? Because they are used to on previous block halvings on Bitcoin, they able to experience a huge price action for every block halving. But what other is waiting, the pump after the block halving, like months after, not before or during the block halving. Some people expecting it to happen around year 2021.
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+1 to CaVO32. Binance acquiring Coinmarketcap is an extremely big advantage of the Binance, especially Coinmarketcap is the most popular price-tracking website for cryptocurrencies. This could also be a threat to some exchanges, but also for Binance. With this kind of issue (faking the data), some people will also start to hate Binance.
There is a lot of alternatives for Coinmarketcap there, like, Coinpaprika and Coingecko.
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