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5601  Economy / Trading Discussion / Re: BTC/USD trading without Bank Account on: February 09, 2020, 10:33:19 AM
You are right, I didn't know much about the stable coins, I just read about them once but didn't think of using/trading.
Stable coins fit my needs as their price would remain constant irrespective of the price of Bitcoin(my previous assumption for wrong).

I believe that most exchanges would allow me to trade, with some maximum threshold, without the need to fill out the KYC.
Yea stable coins should be your best bet if you want to trade in exchange without withdrawing. Exchanges do allow transactions with max thresholds without KYC, but if you're planning to hold everything in an exchange, what if you can't withdraw it someday? Like you'd surpass the threshold already, and any more would require you to KYC? You'd have no choice then cause your profits are in the said exchange. What I said is completely possible if you suddenly make a massive profit in buying and selling BTC.

Plus, you haven't really told us what country you're currently living in. This possibly limits the exchanges you may participate on, without the need for KYC that is. Exchanges don't really need bank accounts when registering, and even when trading it isn't needed.
5602  Economy / Exchanges / Re: Bitcoin withdrawal fee is damn high in exchanges! on: February 09, 2020, 10:13:46 AM
Nothing we can do about that mate. Fees are probably high because they need to manage the exchange, plus, they have to pay their employees. Not only that, but there's also the issue of them adding more features and adding qol improvements towards their UI and codes, which makes it easier for traders. It's understandable, and yet at the same time, not. Ngl, I know what you feel, but they're honestly at the upper hand in this argument. Why? Simply because, if you think their fees are high, then don't use their exchange, we aren't forcing you kind of thing.

Tbh, there's nothing wrong with it, they're pretty much just doing their job. Not really our place to complain against them. It's like they place their fees at a place where you can't help but feel the pain but still is within manageable levels.
5603  Economy / Speculation / Re: Bull run confirmed ? bitcoin ready to $10.000 on: February 09, 2020, 05:46:21 AM
The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run
So what's next? After reaching $12k, you gonna ask for BTC to reach $15k again to say that it's in a bull run? Bro, we started the year at around $7k, and is now currently standing at $10k after a month. If that isn't a bull run, I don't know what it is anymore. I think you guys are mistaking bull run for reaching the highest possible place it could. Bull run means a constant increase/rise in prices continuously. Just by the fact that BTC has found itself rising continuously from $8k to $10k these past few weeks, you could already see it.
5604  Bitcoin / Bitcoin Discussion / Re: $39 Million Worth of BTC Will Be Auctioned Off by US Government on: February 09, 2020, 05:23:44 AM
This was already posted here last time though. Not only that, auctions such as these have already come and go, even smaller and bigger amounts. Just look at the first Silk Road Auction. A lot of guesses came out here and there, but it never really did impact the market price as much as people that guessed so did.

Plus, these coins may actually be priced higher, since the have the stamp of the US government as seal. Still, the prices would never exceed a certain threshold. And that threshold is not enough to significantly affect the market price. That is imo.

If you want more views, you can visit this. Topics already been discussed there.
5605  Economy / Gambling discussion / Re: What p2p games will you play? on: February 09, 2020, 01:36:16 AM
Probably card games, strategy games. Mostly strategic ones. But honestly, it isn't suitable for gambling as a p2p game. If they made it as a tournament format with some kind of entry fee, it might go well, but as a p2p gambling feature, it isn't that attractive.

Houses probably need to fix their implementation of the p2p feature before it becomes a successful breakthrough though. That's mostly the problem with most p2p, and any other fix should be done only after that is resolved. As for other problems, I'd say they need to check how it goes after the fix with the house before looking for others though.
5606  Economy / Speculation / Re: Bull run confirmed ? bitcoin ready to $10.000 on: February 08, 2020, 02:33:25 PM
If you were to take into account that a month has already passed and started from around $7k, we're already at $10k, then yes. FOMO and development of BTC seemed to have quite an effect for the start of the year, not to mention all the panic news regarding the War, the Virus, which imo may have affected the market, but is quite negligible and only affected it by just a bit, around 1% let's say?

If the market could continue this for the span of February, a bull run could be said to be completely successful, and even if sideways movement happened, we already got the bull run we all wished for. Sides, the market would probably go down a bit a month before the halving, and if history repeats itself, go down quite a bit before starting another bull run by next year.
5607  Economy / Scam Accusations / Re: Warning about a dishonest bitcoin investor calls herself Alicia from Mexico on: February 08, 2020, 01:11:05 PM
Probably give out more information regarding the transactions made and the wallets used to send the money. Plus, there's also the scheme of how she enticed you guys to invest as well as the proposals made to your friend. A lot more helpful in spreading awareness than just giving out a name that came from the internet which could, honestly, be easily changed.

Also, your friends fault ngl. There's no such thing as trust in the world. Especially if you're on the internet. Believing someone is not an excuse for when you get scammed and only having the awareness with regards to investments made towards "project managers" from the internet is the only way for you to escape the circle of being scammed.
5608  Economy / Speculation / Re: Prediction of Tom Lee 27k$ on: February 08, 2020, 11:36:08 AM
Nothing to weird about the prediction. It isn't in the level of pessimism or optimism, but rather just a prediction that Bitcoin is fully capable of achieving, that is, under certain circumstances. I believe most of us know that Bitcoin could reach such levels, just that such continuous runs of BTC is probably bound to stop a few months later, and reaching $27k by then seems close to impossible. A year, maybe, it has a pretty good chance.

BTC hasn't experienced any big hits so far this year, and I'm honestly expecting one sooner or later since BTC just drops a bit then pushes ahead continuously. Just like now, we started the year at around $7k and now we're already standing close to $10k, just $200 less. If FOMO somehow becomes unstoppable though, everything I just said comes to null, and the market would probably move vertically for a few months.
5609  Bitcoin / Bitcoin Discussion / Re: Bitcoin Transactions on Smartwatches? on: February 08, 2020, 11:14:41 AM
Isn't it relatively satisfactory already to use smartphones to transact Bitcoin/Cryptocurrencies? The integration of applications of smartphones to smartwatches is a result of determining what the normally used apps are in terms of our everyday lives ( IMO that is ). Seeing as most of the world doesn't even know anything about crypto, I doubt a product such as what you want would come. On the other hand, before such features pop up, most smartwatch makers would probably integrate online payments using fiat currency, before the integration of cryptocurrency.

There's also the issue of security and UI design which makes it kind of unsuitable for transactions. By the end though, in the future, smartphones may cease to exist already and people just use smartwatches with some kind of hologram visible only to their eye or something, Just a guess cause imagination is the limit, right?
5610  Other / Beginners & Help / Re: How Bitcoin Addresses are generated? Understand the Math behind Bitcoin on: February 08, 2020, 11:08:25 AM
Great post! Pretty nice how you both used codes and pictures to send the full message across to your viewers. Currently studying Fullstack javascript so I may try and read on about this sometime later after I finish studying it. Might turn out to be a good reference in terms of studying it.
5611  Economy / Speculation / Re: BTC restoring faith in bull run. on: February 08, 2020, 07:07:51 AM
With the halving upcoming and a lot of FOMO being felt, having a bull run right now isn't all that surprising. There's also the fact that BTC has always been in a bull run, starting from its last bottom at 3k at the start of 2019. A lot of people just don't see it because of the last bull run of BTC to 13k last mid-year of 2019.

It's honestly a nice start to the year, and lets hope it continues. But if we based it on what happened in the past halvings, BTC would actually experience a drop once the halving is here, and a sharp one at that. Only then would BTC slowly rise and hit the bull run once more, possibly fighting for another ATH.
5612  Economy / Speculation / Re: Buy only bitcoin or take chances in altcoin casino? on: February 08, 2020, 06:16:29 AM
I wanted to choose both tbh. Spread my investment across various altcoins, the top 10 if possible. I'd have a larger part of my investment to BTC ofc, that's why I chose the first one. Spreading my investment towards altcoins such as XRP, BCH, etc seems like a good choice especially with the movements of altcoins recently.

Still, choosing the most profitable side, most would probably go for altcoins, especially since their rises have been quite high when compared to BTC. Just that, a lot are still waiting with regards to what is going to happen to BTC once the halving approaches, and is the result of the current uptrend.
5613  Other / Beginners & Help / Re: Looking for the best solution on: February 08, 2020, 04:08:53 AM
Uhh just my opinion, your sentence constructions seems a bit off? Maybe that's why they avoid/not hire you. Some of your posts have nice grammar structure and all, but some lack the finesse that a proper post should have. Plus, your currently a hero member so it might just be unlucky since the ones fighting for hero member slots MIGHT be a lot better than you. Note the word "might" okay?

Also, you should probably try posting in other parts of the forum. Most of your recent posts were all in Altcoin discussions, which may have affected their decision of hiring you. Other than that, there's nothing to nitpick on. You have quite a lot of recent merits acquired, and you're a solid poster everyday, so yup. Just wait, someone should be able to appreciate your posts sooner or later.
5614  Other / Beginners & Help / Re: Is it possible to mine all BTC someday? on: February 08, 2020, 02:08:31 AM
Yes, that is considering that miners last till that long. Some articles discussed about the last BTC being mined, and it was estimated to end by the year 2140, with a total of 32 halvings being done before the last coin is mined. As for an accurate forecast of a date being done, it's not really right to call it accurate, since changes may occur depending on the situation, but if the wanted scenarios occur, it could be done.

Calculating for the year it would be over isn't really that hard since an algorithm was left behind to determine the end. Having a finite supply of 21,000,000, having a halvings every 4 years, and having 144 blocks mined per year, an estimation of the date when the last BTC is mined should be possible.

And is it possible that cryptocurrency will become unnecessary or forbidden even before the last BTC is obtained?
Forbidden? I don't think so. Is there even any country that could ban something they don't control? Especially with the amount of cash flow the community experiences. As for being unnecessary, possibly, if the world could offer something much more valuable than BTC as a currency.
5615  Economy / Economics / Re: Travelling without currency-exchange worries on: February 07, 2020, 02:19:37 PM
And there's really nothing to fix that. Not unless the Foreign agencies of each country adopt some form of fix for that problem. Even crypto wouldn't be an answer to that, why? Because of the various requirements from exchanges when cashing out money. There's also the fact that some exchanges work on certain countries or is accepted, but is not on others since they have their own exchange that is run on the entire country.

There are some stores that accept currency directly so thats one solution, but honestly, the world just needs to coordinate with one another in building improvements for the qol changes of the people in terms of travelling, and the problem would probably be solved easily. Sadly, countries are fighting instead of growing together.
5616  Bitcoin / Bitcoin Discussion / Re: What Is Bitcoin: Internet’s Native Money or Asset for Speculation? on: February 06, 2020, 01:49:00 PM
It was never something to be considered something similar to gold and silver which are stores of value. It's more like an asset, a medium, one that lets the users transact anonymously so that they can retain their wanted privacy. As for its high volatility, I'm pretty sure it could be removed/fixed once a stable line of supply is achieved? I mean, it's not like BTC has an infinite supply. Just that currently, it's still at it's infancy and supply is still currently increasing by the day. Once it achieves a stable supply though, it wouldn't move as much as compared to today.

As for what the government says, let them parade on their own. It's not like their using the coin, the community is. And most, if not all, like it or at least, accept its usage. Even if the government does try to reduce its influence, as long as BTC stands as a medium that the community likes and accepts, it won't exit the world.
5617  Bitcoin / Bitcoin Discussion / Re: Shanghai Stock Market down 8% - Bitcoin’s On-chain Transaction Volume up by 45% on: February 05, 2020, 02:09:45 PM
Those are probably people whom view the Corona Virus as a Virus that can affect the world on the same level as ebola. Though currently as it stands, the current state of affairs from back the era of Ebola and today, there's a stark difference on the timespan that the virus was alotted to spread, and as such, China should be able to safely make a comeback from this.

Bitcoin rise probably has a small connection with it, but it shouldn't be all there is to it. Besides, if stock traders were going to exit the market, IMO, they'd buy hard assets instead of BTC, especially with how unstable BTC is right now. There's also the fact that Chinese government frowns upon the Bitcoin industry, but well that doesn't speak for the traders, but there should still be some level of influence there.
5618  Bitcoin / Bitcoin Discussion / Re: US marshals seizure of 4000 btc being auctioned, will start dump/run this month? on: February 05, 2020, 11:45:16 AM
I don't think so?? I mean, it's kind of just like the BTC of USMS being added into the total volume of the coins being transacted through the market, and if you were to make an analogy, it's like a single drop of water across the vast sea. Not only that, it may even reach higher values than compared to the current market price, and buyers wouldn't really sell their bought coins at a lower price now wouldn't they? Especially since the coins being sold could be guaranteed as "safe" since it came from the USMS.

And even if it did somehow affect the market, I doubt it would be enough to cause a dump/run. May push the price down for a bit, but that's it I'd suppose?
5619  Economy / Trading Discussion / Re: Bull and bear market. on: February 04, 2020, 03:00:35 PM
It depends highly on the trader. There are some that are able to profit off of bull runs, and some are able to profit off of bear runs. Generally, the market wants a bull run trend since long time holders outnumber the short ones by quite a bit, especially since some long time holders actually don't know how to do shorts, and as such, opted to use longs instead.

The beginning of the market is initially when the coin is released, most often after an airdrop event or something. A market never ends, unless the company behind it decides to close, or the company has no choice to close it down because no one is even bothered to use the coin they released.
5620  Bitcoin / Bitcoin Discussion / Re: Bitcoin (BTC) Treasure Hunt Launches on Minecraft on: February 04, 2020, 02:28:40 PM
Cool idea of treasure hunting but why is it that they have to announce the player's location when it is about to get the treasure?  Now, thinking that with the system that selling lives in order to play the game, and millions of possible participants on this game, this is a good money grab option for the mod creator.  There will be sure a huge blood bath here fighting for that "treasure" thus, good sales for the lives requirement to play the game.
Cause if they didn't, the game would be quite boring now won't it? Plus, it's treasure hunting, so if you actually found the treasure before anyone else did, and you didn't even have the chance to fight anyone, it kinda kills the fun of fighting against others no? Plus, Minecraft is mainly centered around playing around, so even if money is involved, having fun is still a must.

As for the money part, It's kinda difficult for the mod creator as well, since he did create the mod, and additionally, rewards are given to those whom wins. The mod creator would probably have close to zero if he gives out a huge pot depending on the number of players and deposits the mod gets.
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