Good thing that you have calculated all the ins and outs first before you get directly into trading. That's a ripoff, and that $400 would-be profit would net you a loss just for the transfers in between. Usually, withdrawal fees aren't exactly measured in % of what you are trying to get out of the exchange but rather the fee on the network + the exchange's own commission.


I usually just convert to ETH or XRP, transfer to another exchange, buy back BTC then trade, though only some bitcoin exchanges support XRP/ETH withdrawals/deposits AFAIK.

Day by day, hackers and other nefarious entities within the bitcoin and crypto ecosystem are becoming smarter and smarter and are looking for ways/vectors onto which they can propagate their plans. I have always considered QR codes to be somewhat scary to scan especially if it can be easily altered into something else and regular people cannot easily notice unless someone tells them that that is already an unsafe QR code to scan. Knowing how it can be instructed to do something else to your smartphone the moment you scan it makes it even scarier, though of course not to the point that it can instruct your wallet to send coins automatically. The only way to prevent being tricked with this is to not scan codes unless you are sure that it really is the one that you need, or at least it was generated by a trusted entity.

Personal na akong nakagamit ng coins.pro at aaminin kong intuitive ang UI ng kanilang platform at halos kagaya ng ibang mga trading sites pero hindi ganun ka-attractive ang volume para manghikayat ng mga local na traders. Marami pa kasi sa atin ang gumagamit ng ibang mga platform kung saan maraming iba't ibang traders at hindi limitado ang volume kung kaya't parang napag-iiwanan ang mga local nating exchanges. Alam kong marami pang mga platform ang papasok sa ating bansa ngunit volume talaga ang ating kalaban.

The possibilities of a crackdown is endless, though of course as long as there are developments made towards the good of bitcoin and the protection of consumers, I'd say that most governments would certainly just choose to tax bitcoin-based sales/trades rather than outright banning them and restricting an avenue for their people from bringing in some money to the table. Some are still completely awry about it, not gonna lie but then again you still have some countries spearheading the developments in the said field such as Japan, some EU countries and of course, the United States.

We are yet to see the main reason as to why this dump happened as the change is so sudden and so swift. This has been a common occurrence to bitcoin and other crypto lately, but it's still cool to know what are the reasons/motives of traders why they perpetrate such dumps. I don't actively support the reason about China again has the market proved countless of times that it has become independent of what's happening inside the said country. Miners selling coins on exchange platforms is a detriment to them, not to the most of us as they are pressuring the market to go lower, hence their profits shrink. OTC is still their way to go whatever the sanctions/rulings/whatever there is that their government is imposing regarding crypto.

'Quantum supremacy' does not necessarily mean Skynet-like controls and other crazy stuff on can read on sci-fi novels and publications. It simply is that they achieve some firsts in the area of quantum computing though that 'firsts' may not be really that powerful or doesn't do any significant damage to the cryptographic techniques and algorithms we have currently. Besides, Google's Sycamore project isn't created for the sole process of cracking bitcoin or any other coin's encryption keys but to do things on the field of research, most especially modelling and other geeky stuff traditional enterprise computers can't handle. Developers can easily switch to a quantum-resistant algorithm too if their coin is at risk, so the threat IMO isn't really something to be considered just yet.

Always have been considered as a huge factor to such bold predictions.  True that it counts as one but the question is when will it happen?


Trust me, it needs a lot more than that in order to reach a massive valuation of $2M. Not all of that $2T dollars is going to flow to bitcoin alone, too.


Haven't seen a bitcoin halving event taking us to crazy gains just yet, and I'm still hoping that we get to witness one, really.


Governments having hybrid financial reserves is also non-existent just yet. Most doesn't even have a solid legal framework to work with.


2020? $100,000 is already an impossible number even if we meet a severe recession next year, how would we even reach $2M? Besides, not all the money will flow to bitcoin (again) as surely, some of it will meet gold and other precious metals.

Volatility has always been this double-edged sword affecting bitcoin in all fronts. It has always helped bitcoin reach peaks that were considered impossible and helped bitcoin anchor its name in the global economic scene. Also, volatility equates bitcoin as something that’s not exclusively deflationary, which promotes spending at times and not only hoarding which is bad in the long run.

RX 570s are somewhat weak now when it comes to crypto mining, and will also depend on which algorithms/coins are you going to mine. Also, it’s more likely for you to toast your GPUs right even before you make a few dollars and never meet your ROI. For that price, I’d rather buy a few alts and then work my way from there. Risks may be higher but the realistic profit is there.

Hard to time the altcoin markets knowing that most of the attention is currently invested to bitcoin and bitcoin alone. Altcoins are only good for the first few weeks of its launch wherein most of the hype is still existing, and after some time it will just die out and be a part of the pump and dump community. There are cases though wherein altcoins genuinely get some support from the community, though that’s a pretty rare occurrence nowadays and even with an obscene amount of TA and predictions, one cannot simply guess when will it be.

Identity is the most sought-after treasure that hackers and nefarious people chase, and oftentimes the big corporations and names are the ones responsible for leaking such, that's why we should always be wary on where we send our personal information and whatnot. Also, your point about telling people personally that you own cryptocurrencies is a plus knowing that extorting physically is far more effective, easier and faster than doing it online, and the numbers don't lie.

Protecting your wallet is a must, so does protecting yourself.

Whether there is a government intervention or not, bitcoin has to pop even then due to the massive amounts of people borrowing from credit cards in order to buy bitcoin. We all know that it's no good for the banks, moreso to the economy in the long run and at a large scale. They have to in order for everything to be controlled, else we will be seeing similar scenarios from 2008 and at an accelerated pace. Also, the futures was more of a sign that bitcoin is ready to go pop, it's just that people took it more as a sign of more gains which, sadly (and thankfully) isn't.

Any time is a good time to buy bitcoins, most especially if you have the means to. People who are trying to time the markets are the ones who are usually ending up as losers and not gaining any money any time of the year. Markets hit by such drought is a good playing ground to test your skills and actually buy in to the hype and try to make money for yourself. I suggest that one should buy on a timely manner regardless of price and just keep your coins as is for the next coming years or so and you're all set. Drops such as this is already expected by a lot of people so of course, many would also buy and accumulate while they can.

The forum cannot and will not be able to mandate bounty managers and operators to stop using newbies in their schemes. Of course, any advertising is still advertisement nonetheless, so using newbies as some sort of an advertisement media to further their interests and intent to penetrate the market is a no-brainer, considering that most newbies would accept pennies in exchange of a hard day's work.

Well at the least, this forum does not allow newbies to have signatures like higher-ranking members have, else this will be a much more abused area for the managers and operators alike.

Nasa discretion kasi ng mga nagbibigay ng merit kung worthy bang bigyan ng pinsan yung isang post oh hindi. Usually, binibigyan nila ito kahit maikli lang as long as may nacocontribute na matino, fresh at kapaki-pakinabang ang isang post sa thread.

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Refer to my answer sa unang sentence. Note na quantity is not equal to quantity. Kahit na napakahabang nobela ang i-post mo, kung walang substance at wala namang bagong naidagdag sa conversation/thread ay wala rin itong kwenta. Focus on delivering new things to the table and merits will come surely. Most of the time kasi sa merits nakafocus yung iba kaya minsan may nag-peplagiarize pa ng ibang content na hindi kaaya-aya at hindi kanais-nais na gawain.

I usually don't respond to such things knowing that I have already benefited from bitcoin and have proved them wrong on my own. Usually those people saying negative things about bitcoin being scummy, full of hackers and has a high risk of losing money are those who aren't invested in anything at all or are puppies of the current system that they so do love even if they are being cheated and fooled in the light of day. Ignoring the naysayers and proving your point by indirectly responding to them through your own profits and gains is much, much better than arguing which is which.

They don't need intervention from random strangers and co-degenerates on the internet: they need real help from psychiatrists and their loved ones. Sure we can always reiterate that gambling makes them lose their money but at the end of the day, their own urge to gamble is within their control and not ours. Their loved ones can persuade them away from doing such but then again, if they're deeply into it, there's no way their family can save them.

No one really knows how much trades are really happening within the platform so it may be way more than that but certainly not less than that. I'm not really against what they are earning since they are providing a platform with good liquidity and good security, plus the fact that a part of this goes to a fund to which they use to cover customers' funds should there be any hacks and whatnot affecting the platform and the users. This isn't overcharging IMO if you are really getting something good and something that you need off of a service. Most of the fees are justified, too, for any other exchanges as well.

No one would really know what's going to happen during a recession until it's there. What's going to happen is only speculation made by the experts until it's really there, which IMO is too vague to give guesses at this point, though most likely be pointing up towards bitcoin being used as something of a hedge against the extreme bouts of inflation and whatnot. The article failed to emphasize on things that are most likely to happen, and only choose to hit on two things as if those are going to happen for certain. Lack of point-of-view makes an article biased on extremely vague topics.

I don’t think so, because stablecoins won’t give you some guarantee about your money and any time they can lose value once those who issued them lost valuation or just disappeared in the void. It can work for only a couple of years or until the one who issued the coins exist, and if that’s the case it’s better to diversify in case the stablecoin provider gets lost in the void.