It is no secret that India is currently leading P2P among emerging markets or countries traded bitcoin in a restricted environment. Countries as India, Ghana, the Philippines, Argentina, Mexico and Egypt are all relying majorly on peer-to-peer, my thought therefore is that with the ban from open dealings and transactions from bitcoin in Nigerian banks , Nigeria may overtake the India record of leading the P2P emerging market in a year or two.
One reason to point to this is the Nigerian crypto population which showed in Nigeria position as number two in bitcoin market.
Yeah, but I read that they are paying up to 50% premium over the current price!? Is it true? Is it because of the Nigerian Central Bank ban on crypto trading, or is there something else? |
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I guess that the global debt will soar even over 500% in the next 24-36 months as the governments will not stop printing money under the pretext of helping people recover from the coronavirus.
We will see an extensive fiat devaluation and tax raises.
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Looking back now, it's funny how we celebrated all those significant milestones  I have screenshots from $666, $6666 and $10000 round in preev somewhere. |
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I must agree if Tether goes down, this will be a big problem for all cryptos because almost all stablecoins are in Tether. A sudden Tether crash will lead to executions of orders with 20%-50% in all major exchanges, which will lead to mass disruption. Some people will buy coins 20%-50% cheaper, but the consequences will be harmful. |
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I think it's normal for most giant mining farms to be in countries like China and Russia for a couple of reasons:
- China is the biggest chipmaker
&
- Cheap electricity
- No questions asked if you are with the right people, which leads to the next one
- Less regulations and explanations
Math (expenses) + convenience = China and Russia winners.
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Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.
How long will we wait for Bitcoin's price to reach the new ATH above $60k?
Watching the current bull run, I guess we will have to wait for just 24 - 48h! We are very close to $55k, and the news is that the support level is now over $50. So it's just a matter of a little more faith to touch the $60k. |
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Congratulations to all holders, I've made more than $100,000 with BNB from $100 to $300 in just a few days
I posted about it at $100 and also at $200 yesterday.
We are on the road to $1,000! Yeah, I saw it. BNB is getting out of control and Binance Chain is eating the Ether share of DeFi. I thought I missed the train around $100 and it seems I made a mistake, but still, I don't like an exchange coin in 3rd place by cap. It's too concentrated and too dependent on a single entity. |
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This is big news for eth. I can see the effect on eth price. It's now above $1900. In coming days, we will see eth at $2500 Indeed it is. But I think that Ether will rise only if they find a way to down fees to substantial levels. Otherwise, Binance Chain will eat up Ether in DeFi and Ether will lose some value. |
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Well, considering that Coinbase is looking for a $77bn [1] IPO valuation, BNB at a $30bn market cap is not much of a surprise. But you are right. If any of the big exchanges bust, the crypto total market cap will drop 50% in a blink. Still, I believe crypto will recover in the long run, just remember MtGox. [1] https://www.coindesk.com/coinbase-valuation-nasdaq-private-market |
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Like around 2011 to 2015? Before it became available on major exchanges?
I remember most of the time deals were in person, for P2P transfers, through sites like LocalBitcoins, forums, and local exchange sites. I also used to use Kraken and CEX back then. It wasn't that easy as it now |
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Wow they are growing very fast at Betfury, congrats!One question, if I log in from Binance Chain, when I have the tokens they do the staking in the same way as on the platform? or you have to buy directly from there ?
snip By playing games with BNB players will mine BFG(BTC) tokens. Good news! Thank you for the addition. I love the idea of mining BFG(BTC) because the BFG(TRX) are useless, but the Bitcoin and Ether fees are a no-brainer. BNB is solving this. Wish me good luck |
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You might want to add a source.  https://simpleflying.com/bitcoin-private-jet-payment/Never really heard of this airline company, but if you think about it, cryptocurrency payments makes total sense for plane tickets. Going back from a foreign country? Instead of converting more of your local currency to the currency of that foreign country and pay enormous fees/cuts, use BTC instead! I personally think this is nothing. If you hold BTC, then it is a simple question to use it to pay I cant' agree with this. Paying with Bitcoin only has sense when we are in a bearish market. Currently, we are in a very bullish market, and the numbers don't hold up. If the flight costs $20 000 and you pay it with Bitcoin, the dollar value could easily be $40 000 in a week. |
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It seems that this will be the trend, at least in the short term, until different SECs get involved.
I read about a note from the Spanish SEC officially saying that Bitcoin is a speculative asset, unofficially interpreted as a ban of following Tesla.
We have to follow the news closely.
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Being new to cypto i'm not sure how my coin allocation should look. My current portfolio allocation is 50% BTC, 35% LTC, 15% ETH does this sound ok?
Such allocation is adequate if you want a more stable portfolio but with limited gains. What I would do is: 40% BTC 10% ETH 15% Synthetix 15% ATOM 15% Solana 5% Binance Coin |
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I just wondered how the xrp market is going to be in the next few hours, my feet is shaking right now because of the recent pumps. My perception was expecting a huge dump but it was really uncertain due to uptrend movement of xrp price. As of now there's a possibility that it will hit $1, am afraid I would fail. Looking forward for some advises should I wait for $1 or sell now? Please check here the live chart, https://www.dailyfx.com/ripple-xrpAre you ready to take a massive loss if SEC goes hard after XRP? If not, better sell it and move to another crypto. The XRP price in Bitcoin dropped almost three times in the past two months. I guess you will gain much more if you give up the XRP and convert them to BTC or ETH. |
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The news is quite interesting to me because the gamblers are so much tricky that they use live match for batting in different countries by visiting the playground and used the time in betting. Because it becomes live after finishing the ball, so they used that time in betting at staying in the field. In Bangladesh, all types of gambling is prohibited and considered as crime, cryptocurrency too. They will be charged due to violation of law. The news published by Dhakatribune. News link is here, https://www.dhakatribune.com/sport/cricket/2021/02/07/three-indians-arrested-over-illegal-betting-in-zacsWell, they broke the law. Every person should respect the visiting county's rules, liking it or not. For example, I'm Bulgarian, and here is full of Israeli tourist coming to gamble for very similar reasons. |
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PythosLabs is two months old now but still valid (before the 40+k rally).
Bitcoin is here to stay. Every second person now wants a piece of the action and is pushing the price even further. 2021 will be an exciting year.
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I use two exchanges i.e. binance and cex.io, i personally love binance for trading. Alot of good coins get registered on binance, its very reliable exchange, easy to use interface, secure and great helpful team.
Binance is fine, of course. BUT I wouldn't trade in Cex.io now. They were ok a few years ago, but now the userbase and trading volumes are declining daily. So I wouldn't keep any significant amount there. |
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We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall. I agree with you, and there is a big difference this time. Now people accept crypto-currencies being something more than a nerd number-scam due to Elon Musk and other famous faces embracing it. And mainstream media presents crypto as assent and investment now, not as a way to pay your dope. People finally started seeing the blockchain potential. |
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