hi guys i bought some BNB at 0.00295 but i heard that after withdraw open in binance BNB will drop so should i sell now and buy back after withdraw open ?
Keep hodling, dude. That coin is on steroid and flying like an eagle to the moon. I expected that coin would crash after that 7000btc hack at Binance exchange but that has proved to be wrong. Though it went down a bit to around $18, it has risen to a fresh strength now. Remember that it's yet to reach its historical ATH of >$30. So, there's still much room for growth.
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What gives a product its value is "Demand" As long as BNB will continue to be in demand as the most sought after coin for purchase on the Binance Exchange, the price will continue to rise. This isn't only with BNB per say. It extends to all exchange coin like Huobi token, Tidex coin, etc. BNB issue is popular because of the carriage of its exchange at this time. Other exchange tokens have also continued to rise.
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OP, this issue of rank demotion via merit reduction has been thrown up in the recent past without a clear solution. As you can see, the house is already divided on it here again. Well, I believe Theymos' reticence on it may likely be pointing towards him creating more rank categories than demoting early users without earned merits. We may likely see this change sooner than we anticipate.
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a while ago i started a topic here talking about the FOMO that is going to occur when the price rise begins. here is the topic: https://bitcointalk.org/index.php?topic=5108231.0although there weren't that many votes but it seems like most people got the right answer (the shoot up to $5k) which was the FOMO that i was talking about there. the initial leg up which shoots price upwards $1000 in a couple of hours. now another question. what do you think the next leg up is going to be? maybe you think there is no FOMO and only a slow rise this time? lets see how the results are going to be this time... Like a true prophet you spoke. The FOMO has already begun. We are already past $8k. Who knows, $10k may be the next level by nest week. Honestly, I wish the FOMO wouldn't be there so that we can have a slow and steady kind of rise. The fresh monies coming in should be gradual so as not to cause a similar dump we all witnessed in 2018.
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Last few weeks have been quite bullish for BTC. As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDGVXaiC.png&t=663&c=XnZ8xBrwUtC79w) Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time. You can see it on top left its MA (Simple moving average). No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.
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We need a good correction bro, you cant always want the price drive up if the market doing that will be not a good condition. Just only PUMP & DUMP scheme, right now we are still on bullish i already predicted we going to correction between $6500-$6800 or $6000-$6500.
Are we already scared there could be a dump, even after several months of this voim taking a severe beating? What can ever satisfy mankind? Soon, lots of people will start a fresh round of fudding and calling others to quickly cash out. Can't we just enjoy this bliss, even if it's for a few weeks? Notably, I do believe there should be speed bumps (in form or retracements) as price soars but that won't take us back to the $3k region no matter what.
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I think that Binance is Hong Kong based,I don't remember.
Binance was Hong Kong based, or at least their HQ were in Hong Kong. Now, they have moved their headquarters to Malta, an European country. Malta seems to be one of the several crypto friendly countries. I don't know for sure, but it looks to me Binance should be compliant with EU laws now. This is true and that move to Malta was made in 2017 during the wake of the Chinese ban on Bitcoin. This has nothing to do with the recent hack where nobody actually money in there except Binance itself. OP is talking about an event that occurred about 8 months ago where someone lost 80,000 USDT.
This is sadly one of the reasons members of the forum don't take any post made by Newbies seriously. They are always in a haste to increase their post counts without caring if they misinform others or not.
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Last few weeks have been quite bullish for BTC. As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDGVXaiC.png&t=663&c=XnZ8xBrwUtC79w) Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.
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Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
I buy low from the demand zone (which normally is resistance turned support) and then sell high from the supply zone (support turned resistance). I am able to determine this through Price Action (PA). I am more of a TA (Technical Analysis) trader. I must confess it's a very rewarding way of trading even though it isn't that easy identifying these zones and knowing the trend.
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I have seen some recent posts after this somewhat "unexpected" Bitcoin pump that people are greedy and hence should cash out! Really!!? I don't know why people are saying so but we have endured the longest bear market ever (I suggest Theymos should give all of us a tag ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) for that achievement ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ), with insults from people that we're greedy, charlatans, etc. And funny enough! there are people amongst us who have seen thousands, hundreds, of Dollars drain down to "coins" and now that we are about to smile some are saying we're greedy and should cash out! I don't know why they are saying that but for those who have been in the game fr a long time know we are no where near where we've been before. Please if you want to cash out, fine you can but don't call HODLers greedy! In fact, we deserve a citation rather lol... I have wondered this myself why anyone would panic and sell off if they didn't need the cash instantly to take care of bills. Why get scared when we just began a new circle of bull run. We can expect retracements here and there but definitely Bitcoin is on a mad run and hodlers shouldn't be scared a bit. Let those with little faith fud, but keep your grip on your hodl.
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I think it's number two. Binance must have been sure about their security, but something went wrong and someone was better at this. I don't think such an exchange would risk robbing their users. They have great income when they are playing by the rules, and the damage to their reputation is not worth it. It could be the third option, though: 3. Some random smart guy that works for Binance in security issues figured his salary will never give him the money he/she can now untraceably steal.
Your third option is more like what I agree with. I have always felt the hack was an insider job ever since it happened. The OP's first option was way out of the equation. Robbing a bank won't stop people from keeping their cash in the banks.
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My head is already "turning" on the 1.2 million pounds scam and I am imagining what could be going on in the victim's mind. It's a huge loss, I must confess. However, I don't agree with the newspaper report that the "victim is experienced in dealing in digital currencies" How could someone with that avowed level of knowledge fall to a HYIP that promised them X15 profit on their investment?
Most times people fall for these things out of pure greed, nothing more. That was how most of us here experienced the "Lending coin era" in 2017 and all the promises of daily interest and most of us couldn't question where the profit was going to be coming from to pay out the interest even though the rogue devs and their teams said it was from trading. Trading what? No clear answers were even given. We forgot that even trading doesn't guaranty anyone daily profit.
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There is nothing wrong with XEM, it's just that traders now prefer to buy BTC or other altcoins because others are more promising profits than XEM coins, so in my opinion there is nothing wrong with XEM coins.
Time will tell if this postulation is true. Ordinarily, I would think that any coin that is dipping at this time that Bitcoin is surging is an indication of a dump. What profit has XEM recorded that anyone hodling it would want to switch it for a Bitcoin or other crypto purchase? I really don't see that route as germaine.
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If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
The word "Perfect" doesn't not exist in reality, even through humans strive towards it. Bitcoin with all its leading and pathfinding and creator anonymity still does not have that perfect feature. No cryptocurrency has it even when we skin them down to the barest layman understanding. So, let's quit searching for a perfect coin.
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Self preservation is paramount once it comes to the Internet for it's a terrible place that harbours both the criminals and the sound minds. These days security breeches are ubiquitous. At least some of us read about the Binance hack a few days ago despite the 2FA authentication on the site. For me, I always have peace of mind whenever I know key words or passwords are encrypted. That way I believe it's difficult to bypass security features. I treasure my privacy and I wouldn't compromise it online.
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ethereum have been crawling and no significant growth as been recorded,
ETH is overrated and I guess it's simply because of its ERC contract. Minus that, ETH is nothing but a shitcoin like most altcoins. The general market crash of 2018 seems to have really exposed it much more as no match for Bitcoin (for those who compare it with Bitcoin, anyway.) From an ATH of $1,432.88 on Jan 13, 2018 to below $200 now, one only hopes that the current bull run of Bitcoin drags ETH up back.
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I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor.
I guess a man who reads annual financial reports of companies with unparalleled interest like a pervert takes delight in surfing porn sites should interest money lovers. This is how people see Warren Buffet. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
Satoshi is an incomparable phenomenon!
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I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).
And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.
You wouldn't consider Omisego, Lisk, Waves, Walton viable altcoins since they aren't even in the first 30 on the CMC? Or these are the exceptions you referred to? Actually, I don't think we should dump the alts for Bitcoin. This is even a good time to buy in because alts are normally drawn up once Bitcoin price begins to soar. People should look for those viable use-case altcoins and pile them up on purchase for a good ROI.
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From an emotional point of view, what emotions drive you to adopt cryptocurrency?
Fear of the government? Desire to get rich quick? The desire to be a part of a movement? A little bit of each?
You should put up a poll on this, I guess that could make it easier to even tally the opinions. Well, for me it's a mixture of bewilderment and the quest to get rich through cryptocurrency. Most times I sit back and reminisce on what Satoshi could've gone through to come up with this brave phenomenon. It's a blend of surprise and excitement, really, for me.
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This is a right move and honestly it would be good to get the culprits sent to jail for such a huge financial crime. It's because of such theft that I no longer participate in ICOs. I lost quite a lot in the past on ICOs and made my decision that it's a no-go area. Putting these idiots behind bar will somehow restore confidence for some people.
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