It's possible they don't have the resources for research and have deemed that it would be more beneficial to simply not deal with it. This way, they minimize the potential harm (in their minds at least), and keep collateral damage to a minimum because not many people use crypto anyway. It's an incredibly irresponsible move for sure because governments at least have to do their due diligence.
I'm guessing most other countries that have banned it haven't done much research either. They likely got caught up in the ponzi and bubble talk. It's sad, but I believe they'll come around once crypto's utility fully establishes itself.
There would really be a possible re-consideration or change of decision into the future and i agree on what you had said which for most countries who banned crypto didnt research thoroughly on it and just being cuaght up with the hype and negative news on it thats why they do made such decision without even thinking on whats on the possible benefits of it into their vicinity. |
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I think the article is a piece of rubbish. Nothing on this earth will ever end inequality, not even the big dreams we all have about bitcoin. Nothing. There will be poor people and as well as rich people forever to ever. Check your fingers, are they all equal, man?
Very well said which nothing on this world would end up inequality. Lets talk about blockchain tech, yes it do gives innovation when it comes to decentralization but we cant still able to get away when it comes to placing ourselves. How we do consider our place when it comes to investment or holdings? There would be always who are on the top such as whales which do have the control on the market. As long theres people who do accumulate more than on most people then dont expect about equality. |
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This is confirmed FUD. That was some minor exchange that traded altcoins, even without fiat pairs. Check it's position on the market and daily volume. Do you believe that somebody stealing 20 million USD worth altcoins would cause a crash of an unrelated cryptocurrency (BTC) measured in billions? If you do, you need to have your head examined.
He would really need up his head to be examined if he do really believes such thing  Total FUD and same on most people do say on here, This is only a small exchange with have Millions been stolen but it doesnt mean it is the main cause of such nose dive price decrease of bitcoin.There are lots of factors actually why we do on dumping state but pointing out the main would really remain unanswered. |
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Yes! thats quite funny which is actually based on whats happening into this cryptocurrency market. Where holders and believers would really have the struggle due to those factors specially media,regulations, hacking incident will definitely affect the entire market and the thing i do laugh out when i do saw explosions written up with My Lambo, Vegas penthouse and My future all are gone. Haha. This is always been part of the risk this is why since on the beginning we have been told to invest on the money that we can afford to lose. |
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How do panic selling affects the market and why does it affects the coins value?
Panic selling? From the word itself you can able to identify or picture out on what is the possible effect of coins value. If we do sell then token supply do increase and the demands going lesser which means it does lower its price and thats have simply economics works. Supply and demand thing and when we do talk generally on most people or investors on overall market tends out to panic sell then it does really give big contribution on decreasing price overall or on most tokens in the market. |
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Loss of momentum I thought was one signal. Not absolute or perfectly clear but it encountered resistance probably on a few peoples screens. One of them held alot of BTC and thought it'd be worth a sell, for all I know they are buying it back as we speak I've been following the blue line on this chart as a momentum measure, whether we bullish or bearish from the last time we were at this price in early April. Right now I'd just call it a reset, nothing more complicated then that  I dont know if hits double top on resistance but basing on the rsi its going on down trend or price decrease. Ascending triangle do signifies market reversal but the thing happen after this thread being posted seems like the opposite one. Touching support on long term trend scales doesnt signifies anytime a trend reversal but still theres a possibility.We might even hit up below 6k price. |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Its a big YES, if you are in trading, you can not really panic, because you know that's what's going to happen, it can go down and it can also increase, experience in trading is a good idea to wait. that is right, I think with your experience, we can do analyze the market and if the market still down, there must be a lower price that we can wait so we can buy any coins. besides that, with the panic that we have, this will not help us to think about how to determine the good price to buy because we cannot see where the price will go down. We cant really avoid not to panic and i do see its a normal thing which most of the time our minds do react when the market price is dumping. Most of the time our experience with the market will definitely make us more confident on any situation because we do already familiarize on what would possibly happen along the way. Due to speculative market we can make our presumptions. Comparing your newbie and experienced days you will able to identify the difference thru your actions. We do really need to experience it first before we would able to built up ourselves to be capable to trade on this very volatile market. |
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Lol, who really believes John McAfee ? This guy is only looking for his own wallet, nothing more.
I don't think that BTCP, like alot of other coins, will have a real future as it bring nothing new.
Every celeb have followers and they work like their army . For Ex suppo and balina have their own followers and if those youtubers give good rating to any coin , it is hyped in no time . same McAffe use the same thing . sometimes they review and rate really good projects but a few times i have seen their selfish nature , recently a project exposed one of most popular celeb who was suggesting that project to list on binance and create hype , his intentions were only on pumping price just after ICO . Generally it talks about money in all means. Using up resources just to hype up a certain project that had been marketed is normal.If there are supporters then expect there would be lots of haters. We do know on what Mccafee been done on previous years or months when it comes on continuing criticising bitcoin and cryptocurrency coins in the market and now hes trying to promote BTCP? Seriously? |
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When the cryptocurrency, "growing", it had to overcome serious compliance problems and regulations around the world. These regulatory issues are numerous depending on the country in which you are reading this. However, one problem seems to be repeating over and over again. Money laundering.
You can not disregard the system in which criminal activities take place. The code itself is of course not credible. People will find the way, the forks will be forced on them whether they want it or not. In this situation, regulation can be the only future.
How do you think, how can you create a central office system that regulates the cryptocurrency market? Without it, it will not be a legal payment system ...
Regulating a decentralized thing? Impossible thing to happen. Talking about governments view about crypto which is definitely true and once they do have that kind of perspective from the beginning then changing it would really be hard. As of saying "First Impression Do Last". Once decision is set then you cant do anything about it. |
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I am altcoin investor . so i want to learn technical analysis . and i am try to my best but need some suggetion. i want to day trading
so which indicator best for day trading?
In day trading the technical analysis has not big role,it is all about the decision making in my opinion so we have to decide what we have to do according to that condition,which indicator,,your instinct I think,if you are lucky enough then your instinct will be true. I cant really deny that luck and intuition is really included when you do make day trading but those things wont really be effective if you are just making actions without any basis then you are just doing pure gambling. Its better to make use of technical analysis rather than on pure guessing. These tools might not be precise or accurate but you can rely because you can decide basing on what you are seeing. Mixed it up with fundamentals would really make high chance of profitable trades. |
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Hi guys, I'm doing airdrops now for 2 weeks but are airdrops that profitable they look like? The main question for me is: Could you make money (100+$ a month) with airdrops?
When you do talk profitable, you are preferring on investing something which you do expect some results which would be more than with your capital but we do all know that Airdrops doesnt required a capital which means its on the under category of free money and you cant expect for it to be profitable. The point here is that it is really worth of our time to join up these things? Due to lots of airdrops i would say 95% of them are completely trash and 5% would succeed to gain up free money but dont expect too much for it to be big but still worth a try yet we arent investing something. |
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Having read the article on coinidol, this is a good initiative from the Belgian government but despite all the references to this website, there was not one link of the website posted on coinidol for interested readers to visit. I even did a Google search of 'toogoodtobetrue' and found nothing related. Another thing that puts me off, if this website truly exist, was this part below : The users have to keep in mind that the developers are not at all responsible for any errors in the system as mentioned on the website. For a site that is created to help investors avoid potential fraud this is a red flag! I have visited the link given above and look up for the link about such website but same as yours i do failed up and even doing a single google search wont really give you any results which means is this still on projected plans? if it does then its a good site for reference but washing up their hands if something went wrong isnt really a good thing. |
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=Do not try Day trading if you not confident. if you choose day trading , you will lost everything .. by experience i am telling
Don't discourage everyone with day trading. You should add that if they are not experienced, they will lose everything. It's not about day trading that when a newbie tries to choose it he'll lose everything he has but if he's inexperienced about it. Great advices! Also, i would recommend begginers to buy a hardware wallet like Trezor or Ledger Nano S. The price os around 100 Euro, but you are protected 100% against hackers, and the piece of mind that they provide is priceless.
The safest thing to do for keeping your tokens is this one, btw I'm using Nano S. Cold storages would always be preferable when we do talk on storing huge amounts of tokens/value compared to other means of wallet like pc or webwallets which is really more prone on incident of hacking yet it is exposed as always online unlike on hardware ones you are somehow confident on what you are storing on which is secured. Its not really right to discourage anyone with daytrade.Yes, it is really risky but still can be possibly learn by anyone but this would matter with skills and time to improve yourself. |
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What do you expect? They already banned bitcoin and other crypto so I wouldn't be surprise to see them ban everything related to crypto. The question, is there a bitcoin mining farm or at least someone from Vietnam mining bitcoin? LOL. Its ridiculous to ban something getting inside your country is no one is using it. As what we have said, "Do what you gonna do". Nothing can stop this tsunami and the only one having to take this brunt is the Vietnamese Bitcoin Community.
Yeah it is really ridiculous but as i presume there would be still some citizens who are involve on mining but not really showing up themselves since they do know the consequence once caught. If a certain country do make decisions to ban bitcoin or cryptocurrency then its expected it would really scope all of the things which are connected to it.Even they would banned it they are not the only one who are the main buyers of mining equipment. |
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I did it and believe that some question are so obvious it's basically pointless to ask. For instance everybody would like to know as much about the people responsible for the project as possible to make sure the money won't go to waste, so FB, linkedin and other social media will always be welcome by the community. Same thing with payments being integrated with crypto exchanges, this makes it much easier and faster, especially for traders who don't hold a lot offline.
I have observed the same thing too where some questions arent really necessary to ask because it would really be always part of an investors to seek out on things which would really getting some good returns but basing on how profitable it is. Even though there are some are quite obvious but asking if i donate? Then it would entirely depending on my. About exchangers i think it would still end up on completely identical. |
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Why didn't you ask him about his proces before you made a call? Such services are not usually provided without any pre-payment. And who is that guy? If it is not some of the crypro influencers or the other highly experoenced guys then the price is really overrated.
By the way if he don't have a recording of your call then I doubt that it will be easy to prove that you've realy had a consultation.
Even crypto influencers or highly experienced guys doesnt really have this kind of rate when it comes to advises or any consulatation.This is way too high for a 1 hour call and beside he didnt tell you in purpose because you might not able to listed or proceed if he to tell you in the very first place but showing of some proper etiquette then its would be really much formal to say those things in the start of the call so that the costumer wont really be surprised on the bill he had after such conversation. |
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Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Not a possibility but its actually happening. Top alts are gaining their momentum which anytime soon they wont able to depend anytime on bitcoins price since they can able to stand their own market.Even bitcoin price would decrease alts do have already the capability to withstand the trend but we cant really deny the fact that bitcoins price or dominance would really impact in most alts in the market. |
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Who are holding the coins with a ray of hope. It is not going to end good guys. Sell what you have, atleast you can get something out of it. If you are in the last batch who are left with the coins, you will not even get a condom with it.
I doubt OP that you did panic sell as you wrote this message to the community and im rest assured that had regret on the thing you had done,Am i right? I dont know if you would able to re-visit this thread that you had made but one things for sure, no one can able to predict on when would be the end of crypto.Those words you say on op is just a words for a weak holder and non believer on cryptocurrencies potential.If you do like to earn up then you should really be patient. |
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Kucoin has earned a good reputation as a crytpocurrency exchange. But its trading volume is very low. What is the main reasons behind it. Though it is a new exchange, ETH/BTC 24h volume is 2.2 m where HitBTC volume is BTC/USDT 68m and ETH/BTC 27m.
Obviously not many traders are using Kucoin, as per coinmarketcap: (Per 24 Hour Trading Volume) 7. HitBTC 38. Kucoin Hitbtc is among the top 10 exchanges around, although if you are going to look around the forum there are a lot of scam accusations against them. Just like you said Kucoin is fairly new, maybe it still hasn't gain the trust as of now that's why not much trading is going around on their exchanges. Anything has a process and cant really be achieve overtime. We do see the potential on ranking up but if volume would still remain in a matter of time then its expected that he wont able to move up because traders do make always prefer to trade up into other exchange than on Kucoin itself.Talking about issues then it cant really be avoided even on the top tiers or rankings do have its existing issues. Kucoin is one of the best new exchanges and is moving up the ranks quite quickly. Just a few months ago it was around 45 and now you can see it has moved up to 38. I think it will go into the top 20 this year, lots of good coins and a reliable safe exchange to trade coins in.
Anything is possible that it would hit up on those ranking but it will still depend on how they would perform or giving out such good service among traders. |
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