You know the drill. When Bitcoin rallies hard, altcoins dump. When Bitcoin dumps, all the rest dumps too. But when Bitcoin is sideways, altcoins rally and some go their own price action.
Everyone in this subsection of Bitcointalk is waiting for altcoin season to come again. Some have already given up.
I will try to post my observations about the market relationship of Ethereum which is the current lead indicator of altcoin market health to Bitcoin's.
I think there were several instances in the past when a bull run is happening to most of them, Bitcoin and Ethereum, and others altcoins. Although most of the time, when Bitcoin is very bullish, it is normal for altcoin holders to dump their altcoins and shift to Bitcoin. The charts at this very minute look pretty. After sideways, there is a little rising movement, with Ethereum gaining almost 6%. I hope it will reach a double digit increase before hitting a little correction. |
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North Korea has become very interested in creating its own cryptocurrency and has a sufficient level of competence to move forward with this plan, But that's not all. On Sept. 10, Cao de Benos tweeted that the North Korean authorities have allowed citizens to own cryptocurrencies, and local developers “are designing crypto wallets and other related apps right now.
Good news from North Korea! Wow!  This is the first time I hear of something good from this hermit country. LMAO! Ever since Kim Jong-un and his father took over this otherwise beautiful country, it has known no other movement but downward. Kidding aside, will this really bring even a dent to the market? If they are to make their own cryptocurrency, that would not be the kind of cryptocurrency that we have been familiar of. The country is centralized in all aspects. Everything is revolving around the supreme leader. That is enough for us to conclude that their cryptocurrency will be the same. Regarding North Koreans allowed to own crypto, that is not really a good news either. They are too poor to buy Bitcoin. If they can own one, that would be the cryptocurrency of their very own country. |
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A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
The typical question "what coin should I buy?" is much more reasonable asking than "what coin I should not buy?" There are almost 3,000 coins listed on coinmarketcap alone. Outside CMC, there are probably a thousand more. So how should you answer "what coin I should not buy?" That would be a very long list. When I answer "what coin should I buy?" with BTC, ETH, LTC, XMR, BNB, EOS, Waves, BAT, and SC; that would automatically mean that the rest are coins I should not buy. |
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I wonder what will happen to bitcoin and the crypto market if there will be a financial crisis in the world (2008 style)
From one side people will probably look for 'safer' place to put their money in
on the other side, many people see crypto and bitcoin as a risky investment
I would like to hear the community opinions about what might happen to our market in a time of world economic crisis
During times of financial or economic crisis, spending is lessened up to an unusual level. That means a massive decrease in economic activity. If that happens, I doubt if investment into Bitcoin will take a surge. Well, it is possible because Bitcoin is proven to be independent from the traditional economic assets or indicators, but it is also a possibility that it will go down together with the rest of the economy. Bitcoin, after all, the same with the rest of the cryptocurrency world, is dependent on human spending. If the spending lessens, it could extend up to crypto trading and its demand. |
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We all ready see this, prices specially Property rent and buy prices are going higher.
Do You think its coused by inflation?
If so do you think the gold and btc Will be hedge?
I think the assets prices going up in Europe, USA, Australia Central Banks just started money printing those 3 countries wich i mentioned above
As we Know in canada there is about to start Economic recessions If they dont start rate cuts like USA, EU, AU just did.
Uk Economic situation is 50/50 it can go down.
Do You personally feel that Fiat Currrency losing slowly puraching power?
I do feel that, but the problem is i cant buy groceries food and daily needs with Bitcoin first i have to Exchange my btc to Fiat, so the Bitcoin and gold is Not really Solution for that problem!!
It is by design that the fiat currency is depreciating rather than appreciating. That is precisely the logic behind the rising prices of goods and services, and of course together with salaries and benefits to cope up with the former. That is why it is not advisable to save too much money in the banks. It is better to invest or save on properties whose value appreciates rather than depreciates such as real estate properties. And if one saves money in the banks, it will have to earn a regular interest. The problem occurs if the interest earned is lower than the inflation rate. That would spell disaster. Bitcoin, on the other hand, is appreciating. And so its purchasing power is rising instead of decreasing. And that makes this currency much better than fiat. Take the case of that 10k BTC pizza. 10K BTC today is already worth approximately $80 million. |
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Well this is an interesting interpretation. underdeveloped Countries like Nigeria, South africa and Ghana are getting a lot of outsourcing work these days which implies they are searching for some interesting opportunities to earn BTC. Naturally in such third world countries earning even a few mBtc is enough for a week's meal so they are really into it. Also high population rates in countries like Nigeria is a reason for this interesting statistics. Surprising is to see India on number 53, it is a country with highest number of internet users and it has a hell lot of outsourced work. It must have been atleast in top 10. I think may be the restriction by the Govt. has made the searches go low.
You are clearly underestimating South Africa here, mate. Let me correct you. South Africa is not underdeveloped. Neither is it a third world country. I guess you are with the assumption that when a country is in Africa it is a poor underdeveloped country. That is wrong. It is a bit offensive to say that in that country a few mBTC is enough for a week's meal. Although there are poor people in that country as there are in India and everywhere, your generalization seems to be hasty. The data shows how Bitcoin is gaining traction in the African continent. That is a great sign that adoption in that region is growing. |
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Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it. It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers. News Source: TheCoinRepublic I'm sorry I kind of miss something in your OP. What accident are you talking about? And destruction seems to be too harsh a word. Is there any destruction that is happening? Unsafe is also a misplaced word. As far as I know, the whole cryptocurrency market fell hard. Even Bitcoin is leading the falling with its long decrease in value. It has lost more than a thousand USD in just a matter of hours. Ethereum was also one of them just as the rest of the top altcoins. |
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Crush out luck. This is not some kind of lottery or gambling. Cryptocurrency is full of scams but that does not mean that there are no good ones. However, it will not be coming for you. You will search for them. It is hard but there is no other way. It takes a lot of hard work to find the gem among a mountain of stones. You will need to carefully read the whitepaper, study them even. Aside from that, you will need to do a little investigation of the persons that make up the development team. Do not just take their website profiles as truth. Many of them are using fake pictures, bogus names, made-up experiences, etc. You need to search for them one by one. You also need to contact them with your questions and doubts about their project. These are just some of the necessary steps to do before safely investing in an ICO.
Indeed this is not kind of gamble, but that was the truth. I have been doing research about some ICOs before, all of them were real. With real people, real company. I have invested in some kind of trading bot based company, they have their experts and license. 3 months after the ICO concluded, they closed their company and refund the money because they were not able to develop it because of lack of demand and problem with their partnership. On the other hand, I invested in an unknown project and survived until now. The first one is a quite reputable company while the other one is just so-so but survive. If it is not luck then what? In the first case, you are not lucky. You made your research and ended up with a legit project. It so happened that you failed to gauge its potential to succeed or not. But since you invested in a legit project, instead of becoming a victim and bitterly complain of an exit scam or developers suddenly vanishing into thin air without warning, you ended up receiving a refund. In the second case, it does not mean that since it is unknown to you, it will not succeed. Or perhaps it is only your own research that tells you it is unknown. To their partners, other investors, supporters, and start up scouts, the project might be showing a lot of potential. In both cases, luck was never the key. |
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So what was needed to list? Sometimes I don't think, what does this binance really want? snip But in the case of these specific delisted pairs, it is clearly noted that it is as per request of the project teams themselves and not because Binance decided to delist them. Answering this, I will spoil sa facts about trading on binance. Binance will require that a token must maintain to a safe level of trading volume in able to keep the token listed and according to what I heard on some discussion in telegram, There is a monthly fee that charged to token owner. So basically low financial project will never gonna sustain the listing fee. --- This is just a rumor but the delisting main target is BTT/BTC pairs, other tokens is just a collateral damage.  What do you mean collateral damage? Is there such a thing? If the basis is trading volume, then that means the numbers are the only consideration. If a pair has a good trading volume as per the standard of Binance, no way will it be delisted. If a pair has a very low trading volume, then it will be delisted regardless of whether it is paying a monthly fee or not. Binance is the leading exchange for now, it needs to set a high standard of liquidity and it will not stain its reputation for the sake of some fees from the token owners. And if your source is some discussion in Telegram, its reliability is in big question. Also, low financial projects will normally settle with other cheap exchanges, not the top one. Binance has the right to charge high. |
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This is how i keep my private keys safe since i can't afford to buy a hardware wallet.
1. A complete new harddisk
I bought a new harddisk and install window 7 on it and copy all my private keys in there, i don't bother to leave this harddisk in the pc, after the copy is completed i remove the harddisk and keep it.
2.My Recording book
I have a long hard shelled book that i use for keeping records of all the airdrops and bounties i promoted because sometimes i used to forget easily so i write down my recovery seeds in this book as well
3. Flash Drive
I have a good 8gig flash drive as well that i use to copy software and files from one pc to another so i format this flash drive and copy my private keys and recovery seeds in it.
At first no one knew i am into crypto stuffs and secondly i don't share my room with anyone cos i am living alone, those who have people around them with face problems like friends going behind your back checking through your stuffs or even stealing your things, hardware wallet is still the best though.
Even if you have a hardware wallet, you will still find ways to keep your private keys safe. A hardware wallet is not for saving private keys; it is for saving coins. Anyway, that is great of you to find alternatives for keeping your private keys safe. But if you think that a hardware wallet is really expensive, think twice. A Ledger Nano S is only worth less than $70. That is not too expensive especially if you have a portfolio which is worth much more than that. And what is $70 if that means you really own them in the safest possible way? |
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So what was needed to list? Sometimes I don't think, what does this binance really want? To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):
ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2019/09/30 The keyword here is liquidity. This must have something to do with volume therefore. So what is needed in terms of pair listing is a decent volume. As to how much is a decent volume. That is totally up to Binance's terms. But in the case of these specific delisted pairs, it is clearly noted that it is as per request of the project teams themselves and not because Binance decided to delist them. When I look at the trading pairs, I can say that there must be low volumes to them because the pairs are not that popular. I can only see a couple of pairs with BTC, a couple of ETH, and one BNB. The rest are pretty much unpopular trading pairs. |
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it is difficult to recognize scammers, in 2019 I came across 3 such projects in which I invested. completely disappointed in the ICO. now I take part only in the IEO they have more confidence as the participation is on the stock exchange.
That is true I even came across with 10 or so projects, I think the reason why they were not fulfilling their promises due to lack of fund and interest. I had done my research and found out they all were real, but they forced to stop their project because of that. a business model needs initial fund to develop it if they failed to meet their minimum funding. It's not surprising to see them closing it, and from this point too I can tell that Luck is also an essential part that we need to have in crypto investment. Crush out luck. This is not some kind of lottery or gambling. Cryptocurrency is full of scams but that does not mean that there are no good ones. However, it will not be coming for you. You will search for them. It is hard but there is no other way. It takes a lot of hard work to find the gem among a mountain of stones. You will need to carefully read the whitepaper, study them even. Aside from that, you will need to do a little investigation of the persons that make up the development team. Do not just take their website profiles as truth. Many of them are using fake pictures, bogus names, made-up experiences, etc. You need to search for them one by one. You also need to contact them with your questions and doubts about their project. These are just some of the necessary steps to do before safely investing in an ICO. |
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Bitcoin has taken over the cryptocurrency market. It’s the largest and most well-known digital currency today. Many large companies are accepting Bitcoin as a legitimate source of funds. That is why I created an epic list of companies where you can spend your Bitcoins. I think this will be useful for everyone. Here is the list - https://paybis.com/blog/companies-that-accept-bitcoin/Let me know if you know some other companies/stores or whatever, I will add them. What I am curious of is how much money came in since they started accepting Bitcoin as a legitimate payment option? If there is no growth then perhaps we can say that people are still not using Bitcoin as a currency and are probably hoarding it. If there is a growth then that is a very welcome news and other businesses might also encouraged and join them in adding Bitcoin as an accepted payment. The list is mostly composed of online companies. It would be best to see the list increasing with physical chain of hotels, restaurants, and stores in the coming years. |
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You can discuss about the price of the XRP here: https://bitcointalk.org/index.php?topic=1381669.0Let's avoid making another thread to discuss things that already discussed in other places. By the way, it's not only the XRP that are struggling right now even the other Altcoins are not safe with the ongoing Red Market today. Which makes the price movements of XRP not really a special case. The lines indicating the movements of the prices of XRP as well as ETH, BTC, BCH, LTC, EOS, and so many more are moving in unison. One goes up and every other goes up as well. One dives and the rest will also be diving. As far as the charts are concerned, it is only Tether which is moving up and down fully independent from the others. But since that is USDT, it is essentially not really an altcoin. |
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Ok thank you for your input, I will unwillingly type the 5 topics for the reasons I had for buying Bitcoin.
1. I Listed Bitcoin Halving
2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase)
3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data.
4. I mentioned Facebook Libra coin and some of the big institutions that are onboard.
5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic.
Of the five reasons that you mentioned, points 1, 3, and 5 count to me as valid. The other two, namely: point number 2 and 4 are not significant reasons for me to buy more Bitcoin. The reasons? Well, powerful figures are always saying things and most of the time, they know little or nothing of it. With regard to your fourth point, it does not have anything to do with Bitcoin. It is a different story itself that is big and complicated enough to be settled within itself. The way it progresses though, it looks like we should not even be troubled by it. That might not see the light of day. |
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Here's how -
1- Make sure you are using the Chrome browser and download and install the TronLink Chrome Extension
2- Add the UCIF contract address to TronLink (contract address - TENvfPpskWcZHCRaS4Mu6Z9gPnjj4yCN19)
3- Download and install the Exodus Wallet
4- Open an account at Gemini Cryptocurrency Exchange and link your bank account
5- After successfully linking your bank account, make a deposit (I recommend $100)
6- When your deposit clears, you'll get an email that it has fully cleared after 3 business days. Go in your account and buy as much Ethereum (ETH) as you can
7- Send the ETH to your Exodus Wallet
8- Exchange the ETH for Tron (TRX)
9- After the exchange completes, send the TRX to TronLink
10- Go to ucif.io and buy the UCIF tokens (make sure to input a round number for the amount)
11- Stake the tokens
12- Come back 24 hours later and withdraw the dividends
13- Sell the UCIF dividends for TRX in the TRX Auction House (coming soon)
14- Send the TRX from TronLink to your Exodus Wallet
15- When the TRX arrives, exchange the TRX for ETH
16- When the exchange completes, send ETH to Gemini
17- When the ETH arrives, sell the ETH for $USD
18- Withdraw the $USD to your bank account
19- After 24 hours, repeat steps 12 - 18
Enjoy!
There are a few things I would like to note. - I have reservations in linking my bank account to a relatively unknown and untested exchange such as Gemini Cryptocurrency Exchange. In fact, never have I tried linking my bank account to any the exchanges that I've been using.
- Since the TRX Auction House is not yet available, that means all these steps cannot be completed yet?
- The 1% that you are talking about here might go much lower with all these necessary transfers. Every step of the way, there must be fees to be paid right?
- The same is true with the 24-hour timeline. With all the necessary transfers and every step will take you to several layers of confirmation, it might end up 42 hours.
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And now bull run is equated with what happened in 2017. Actually there were bull runs before and after that.
Bull runs are different in scales and degrees. There are moderate bull runs as there are very aggressive ones. What happened in 2017 was a mixture of positive news, bullish outlook among investors especially institutional ones, great development, and even FOMO. That actually resulted in a state of overbuying. No wonder why the correction after that was also as aggressive as the bull run itself.
What happened this year was also a bull run, when the price of BTC finally broke free from the $3,000 level and went on to make a 2019 ATH at around $14,000.
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You are desperately trying to make something of a trash.
I also have my fair share of shitcoins. I have NST, DVP, ACC, and a few more.
But I am not even interested to check which exchange they are still listed. It is possible that they are listed but it is most likely that they do not have any significant value left. If there is, they are probably being traded in the most unsatisfactory of exchanges and with volumes that you will certainly not be happy about. And so the best thing to do is to forget about them and not to waste some more effort and time trying to salvage some cents out of them.
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I don't support this.
Instead of gaining major steps forward, this idea of yours is a step backward.
Our society is getting high technology-based, there is therefore no need to get back to the crude way of doing business transactions with the use of paper bills and heavy coins. Digital currencies is the way to go. We are fast becoming a digital society and cryptocurrencies are the apt response to it.
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I don't think so. The US is still one of the most advance if not countries in the world. Paypal and other forms of digital transactions work well in the US better than China. When it comes to crypto currencies both countries are hesitant on it but the US is considering it with strict rules thru SEC. China only accepts crypto currencies if their government think it can control it which is too difficult due to decentralization. China can create their own token but blurry and suspicious as being decentralized.
There will be always this struggle between the USA and China, and the cryptocurrency is just the small part of this "war". Now, when Libra is going to appear (of course, it will be not only FB coin but the USA coin), China is going to launch its own crypto. Anyway, it good that they are competing as they are pushing other countries to go ahead and not sit idly as they would usually do. It is hard for me to insert libra into this war. There might be some slits but not significant enough for libra to occupy an important role in this trade war. And we can read in the news that despite this trade war that seems to be getting worse every day, libra is still trying to get the slightest of nods from the US and other government, but still to no avail until now. Libra in my view is not in any way benefiting from all this wars. And FYI, there is no FB coin and USA coin. That is very misleading to your readers. |
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