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8321  Economy / Trading Discussion / Re: Binance Raw trading data on: March 27, 2019, 05:07:24 PM
Honestly, I don't think this will be of interest to the regular and local traders of Binance, however this may be of interest to some analysts and researchers that checks whether trading volumes and trades are being faked or not (the topic is being revived now, so yeah). Also, if you mean 'trade-by-trade' data, this, to me suggests that there is something wrong with how Binance handle their trading history and data for you to be able to come up with an updated and raw data on your own. Anyhow, you won't get some luck into posting such offer here but perhaps try another forum, or use the Services section instead and post it there.
8322  Economy / Speculation / Re: What will happen when the stock market crashes? on: March 27, 2019, 04:14:16 PM
I don't quite see the actual correlation between the stock market and the bitcoin market although I always believed that wealth always has to go somewhere. so it'll be either precious metals or crypto in which the money will flow to, but then again, no one has been entirely sure of that. I'd love to get my hands on the data of stock market traders meddling with cryptocurrencies once a full-blown recession happened (which is expected by 2020, by a lot of economists and analysts) and draw a line from there, adding yet another variable on market-cycles if it is really true.
8323  Economy / Economics / Re: Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency on: March 27, 2019, 03:36:40 PM
Good for Citi for actually thinking of the use-case rather than just jumping in on the train without actually having to test the waters blindly and hoping that the niche would generate them more income. While I applaud the Citi group for not taking in on the hype, I hope they move from one insecure technology to another, or perhaps strengthen their payments network in order to prevent losses for the users and make the fees somewhat lower than what it already is. JP Morgan might be the pioneers of banking institutions using blockchain payments due to them abusing the fact that almost everyone is still in awe with the blockchain tech, but I don't think it will be easy for them to build a network of banks to use such tech. After all, JP Morgan seems to just create their own crypto and not really focus on bettering the playing field for everyone.
8324  Economy / Service Discussion / Re: localbitcoins | AML regulation on: March 27, 2019, 02:58:46 PM
I know that there will really come a time wherein LBC would succumb to KYC laws and tightening regulations imposed by regulatory bodies, and it's just a matter of time before Paxful and other P2P exchanges get hurt by the same thing. I think this is, in part, just okay to seal the legality of bitcoin in the industry, given that it's still being regarded as the primary vehicle for money laundering and other illicit activities. Anyhow, I know that P2P exchanges will still rise and perhaps avoid such regulations being imposed on to them but then again, it's only a matter of time before regulations turn the tides once again.
8325  Economy / Trading Discussion / Re: Bittrex identification on: March 27, 2019, 12:56:51 PM
Unfortunately you can't have your withdrawals until you have complied with their terms. They are also mandated by the government to follow strict KYC procedures and are also bound by law. While you always have full discretion on whether to have your account KYC'd or not, they also have full control of their terms as they are the operators of the exchange. I believe even a lawyer will have a hard time pursuing this case legally as they (Bittrex) are just complying on what the law asks for.
8326  Other / Beginners & Help / Re: The Importance of Keeping Track of Your Cryptocurrency on: March 27, 2019, 12:28:09 PM
-snip


Or just learn to use MS Excel and plot all of your assets and trades in there, together with all your losses and gains for a certain period of time (which is I personally do). In this way you'll really know which is which and what to do on your data all in all. While CoinTracking per se is already a great tool for such purpose, your own worksheet is still the best resource, with all your digital fingerprints and vital information included on the spreadsheet. Just encrypt the file and you're good to go.
8327  Other / Meta / Re: What can I do about possible merit abuse? on: March 27, 2019, 12:06:02 PM
If accounts received just enough merit to satisfy the campaign requirements and their earned a bulk of it within the last minute, I'd say that's a solid proof that something fishy happened in the background and is grounds for blacklist/rejection but then again, no one can prove it quite exactly and correctly. Post history and quality is still something that should remain superior in accepting candidates IMO, with merit requirement being secondary as again, there are loads of really good posts out there in the wild that rarely gets the attention--not that I'm saying that merit requirement should be ditched all in all.

But it will be entirely on your discretion as a campaign manager to reject or accept. Merit earned in the last 120 days is just as good as merit earned IMO, but then again, it's entirely up to your judgment.
8328  Economy / Economics / Re: What should you do in bearish market? on: March 27, 2019, 11:13:32 AM
Point number 2 is actually a good point if you ask me. There are a lot of people who, during a bear market, just forget about the market all in all and just tend to focus their attention on something else and are not trying to gain information while the market is bad. Personally I view a bear market as a learning opportunity to get better at trading and not just rely on a bull market to profit. One does not necessarily need to trade in order to learn but reading a lot of materials and articles regarding the present trend of the market is, IMO, one of the best things to do.
8329  Economy / Speculation / Re: Bitcoin 4-year cycle is it real? Probable end year rally for Bitcoin on: March 27, 2019, 10:39:00 AM
I think that it's safe to say halving has and will have a significant impact in the emergence of bull markets, because of the fact that the relative scarcity of newly mined coins all of a sudden increase and markets react to that, as well as the psychological aspect of people's expectations based on previous halvings pushing demand up.

I beg to differ. People have been expecting the past halving events to bring something good to the crypto table but in reality, it just cuts down the reward for miners and the relative scarcity is just increased. It is expected to bring price rises but in reality, there really is no guarantee accompanied with the reward halving. Traders might also expect some positive trading signal but then again halving events =/ price increases. As for the 4-year cycle, I don't know. We only have had two of the said 'cycle' so it's hard to call it with utmost certainty.
8330  Economy / Economics / Re: Why the global currency cannot be 100% internet based and if we will have one on: March 26, 2019, 05:01:03 PM
Exchange rates will still be present and we won't have a single unified currency, but I'm pretty sure USD would be dethroned in the coming years. It may not be bitcoin or any other crypto, but it will act like what the USD is doing today that's for sure. Knowing how many countries are there and how many wanted to claim the prime spot, there won't be unity in the near future, or perhaps even in the history of mankind. It's a utopian dream that won't happen as long as people are hungry for power.
8331  Bitcoin / Bitcoin Discussion / Re: Future improvements on: March 26, 2019, 03:58:48 PM
      I stumbled accross this article and it seemed pretty interesting to me since it answered many of the questions. But it was over technical thus let me simplify it.

      There are few things that are going to Mark a jump in our beloved cryptocurrency . They are as following:-
      • Bitcoins is going to become more private

      I don't think bitcoin needs to be private more than ever. It works on where it is right now and IMO that doesn't need to change. Many privacy freaks could use any other form of money or crypto if they wish.

      • It will have better support for the lightning network

      This is one of the things I'm wondering about: why would the bitcoin client complement the specifications and technicalities of the lightning network when the lightning network itself should adjust to bitcoin's specification and technicalities? Again, I don't hate LN all in all but being an off-chain, independent solution for congestion, it should have its own ways of addressing what 'incompatibilities' it may have with bitcoin.


      • The lightning network will be integrated with mobile( it's still working though )

      Does it need to be centered about LN, always, and not bitcoin?

      • The block chain won't gain size , it will try and stay small

      Impossible, unless someone would come up with a bright solution that would technically render any next blocks to not fill up hard drive storage. It will try to stay small and cram many transactions inside a block but it's a given that as time passes by, blockchain would gain and gain in terms of size.
      8332  Bitcoin / Bitcoin Discussion / Re: CoinMarketCap faking volume on: March 26, 2019, 03:24:19 PM
      Nowadays, I don't rely on CMC for exchange volumes but rather only on coins that I'm following and see whether there are drastic changes on their 24-hr volume and pricing. For volumes, I go straight into an exchange that I frequent and check the order books and market depth. This, IMO, is better than having to rely on a third-party service such as CMC to do the checking for you. Besides, a lot of people know that they've been doing this for years now, and it's literally not news anymore for them to fake volumes.
      8333  Economy / Exchanges / Re: Indian Exchange Launches Lending Program for 5 Cryptocurrencies on: March 26, 2019, 02:58:04 PM
      This is like a much complicated version of losing money within a short span of time. No one is allowed to withdraw and no one would borrow coins until margin trading is open. This clearly is a money-grab masked as a lending site. If one resorts to borrowing coins, I think they should not be meddling with cryptocurrencies if they don't have enough capital of their own.

      To be honest I dont really like with lending feature on an exchange since Poloniex introduced it long time ago. Logically lending your coins = locking your coins on the exchange, means you can do anything with it just in case there is a big pump of the coin you lend. It is also the same as holding your coin in exchange for long term purpose which is something not recommended. The interest rate is not worth the risks imho.

      I remember this when it was introduced in Poloniex although it was short-lived. No one really wanted to risk a huge portion of their money for a tiny percent of gain (?) so it died pretty quickly. What more about a relatively unknown exchange with little to almost no volume? :/
      8334  Economy / Economics / Re: Still no threat detected, Apple Card on: March 26, 2019, 01:26:09 PM
      Another 'threat' directed towards bitcoin and crypto that, in reality has not even inflicted even the slightest of damage. This would better be addressed to other payment processors like Visa/Mastercard/other card providers and not really crypto, as there really aren't any central governing bodies affecting the latter and their models are totally different. Besides, this Apple Card would probably be exclusive to owners of Apple products anyhow, so again this is a service being offered to limited number of persons whereas in bitcoin and crypto, at the least, it serves everyone that knows how to use it and where to get it.
      8335  Bitcoin / Bitcoin Discussion / Re: Tim Draper Encourages Argentina’s President to Legitimize Bitcoin on: March 26, 2019, 12:48:57 PM
      His terms are somewhat unacceptable and one-sided, and I don't think Macri will even try to negotiate or look into his terms. Argentina is doing fine with their economy, though I must agree with Tim Draper that legalizing and legitimizing the bitcoin industry would somewhat open up a larger door for their economies should bitcoin boomed and a lot of businesses and investors start investing in Argentina and not just Tim Draper alone. It will need a lot of work from Tim to actually convince Macri, and one can only hope for a positive response from the Argentinian president.
      8336  Economy / Economics / Re: How will financial crisis affect crypto? on: March 26, 2019, 11:36:29 AM
      I don't think a lot of people would be confident in converting their assets into cryptocurrencies even though it might serve as a good hedge against the financial crisis and devaluation of a lot of assets. Liquidity is also what cryptocurrencies boast that does not seem to be fulfilled by precious metals, so there's that. Perhaps a few percentage of people will convert, others will stick to gold and silver due to their proven reputation over time. I guess we'll never know until the crisis is really there, striking and letting things burn down. One thing's for sure though, the overpriced and overvalued stock and derivatives market would come to a severe crash to even things out, and that is where I won't place my money on until after the said event.
      8337  Other / Off-topic / Re: be carefull Laptop ASUS have malware on: March 26, 2019, 10:41:36 AM
      57,000 affected users is already a large group of people if you'd ask me. Good thing I have disabled automatic software updates on my Zenbook as I know OTA updates are susceptible in being affected by such hacks and malware (aside from trying to avoid a huge data volume charge for exceeding my monthly mobile limit, lol). The Zenbook that I have has a lot of my financial accounts stored, and I seldom connect it to the internet except when sending and receiving transactions via crypto or via banks. I know it's not a good move but hey, might as well use a spare laptop for storage and secure it rather than leave it hanging around.

      Also, this goes to everyone and not only exclusive to ASUS users who have their wallets and important data stored on their machines: always disable auto OTA updates as we don't know when things could go wrong.
      8338  Economy / Speculation / Re: Lightning Network will help bitcoin`s price reach 6,000 USD in November on: March 25, 2019, 02:07:22 PM
      Perhaps it may not be LN that will be the main reason for a push, but some other things. I sense something is happening lately, with high volumes on certain exchanges plus there seems to be no definite movement as to where this market will go. The hype for LN has long been dead, and even the ETFs and futures are on the list of dead hype trends, too, so they are out of the equation as well. $6000 is a realistic estimate for an 8-month journey, though I expect something more, but then again it will depend on what event will spark such movement.
      8339  Economy / Economics / Re: North Korean dissidents selling Ethereum-based post-liberation visas on: March 25, 2019, 01:32:46 PM
      Never heard of them, or perhaps they really are not that known in my circles or to possibly make it to headlines and big news. Anyway, we all know that it'll be hard to overthrow Kim Jong-un given how his constituents are ever so loyal to the guy, and knowing that the dude literally has his panic button ready should there be an uprising that becomes solid enough to actually do something to rule his way. Also, why are they selling visas already when the fact remains that the country is nowhere near liberation yet? Hmmm.
      8340  Bitcoin / Bitcoin Discussion / Re: How do if the Bitcoin Sending Fee will be super high or super low? on: March 25, 2019, 01:06:50 PM
      There are already mobile applications in which one would be able to create and complete a transaction with the optimum fee at a given time or choose to manually input the fees themselves in order to not get affected much by a sudden spike in fees. I believe Bitcoin wallet by Andreas Schildbach does this, together with the Mycellium bitcoin wallet. Right now, I've seen some scenarios in which the optimum fee to get your transaction confirmed within the next block dropped down to ~2-5 sat/byte, which is already a pretty low fee if you'd ask me. Though there are some instances like this that happens within the day, still always check the fees on multiple websites given above in order to not overpay or underpay for the fees and get your confirms ASAP.
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