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Looking forward to watching this coin over the next year! Congrats on the solid ICO
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Think we will fall back down to low 6000s again then the run will begin. Will be interesting to watch in the coming days/weeks
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You still have not answered the question of why you only have a $500 bankroll as a "professional" even after playing since 2016. This has a strong stench of a scam.
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Merit system is introduced to nullified low quality posts in the forum. but something is going exactly opposite to this.
I am seeing more rubbish posts, as everyone is trying to make more and more posts which shows the insecurity among them.
As they all wants to show on the top of the discussion where they have a little opportunity of getting merit points.
Do merit system really make a difference in this forum?
Little by little, yeah. People are starting to post-to-discuss and not just to complete their requirements in campaign. People now are actually interacting and connecting, instead of ignoring the earlier posts. People are now thinking before the post cause they want each post to be meaningful. Because people now, if they want to rank up, need merits. We can't control people and stop them from making threads (since this is an open forum) and it's not their fault they want to get noticed. But we can remind them not to do this. Yep, in order to have a healthy forum everyone needs to be engaging with each other in a real discussion. There are countless threads out there with 100s of posts that all respond with the exact same message because the person posting on page 30 didn't even bother to read through page 1 to see if there was a similar response. Just a bunch of mindless posts being thrown out there, but now with the merit system we might actually see more people actually engaging with each other. Time will tell on if the merit system actually works. I believe it will |
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what type of post to post to earn merits
Boyo you are a pajeet. All your posts are in bounties, your English is poor and the only reason you are posting here is to earn a few satoshi.. You need to realise you will never level up and go find another way to earn some money. If you were in the west I would suggest a paper route. Though not knowing where you are from I cannot suggest a decent alternative. Best of luck in your future business Hey, thank you for your criticism. I just want you to know that i am not here to earn any money but instead, i am here to build a community around a project i represent and i am trying to access all opportunities available to do something to help my project grow and nothing more. So, will you continue to support a project even after they've stopped paying you for the bounty? As in making posts about it in non-bounty areas, helping out new members wanting to buy in and understand the coin, etc.? There is more to building a community around a project than just making a signature and posting in the coins bounty page. You have to be willing to go out into the community and other communities to educate others and be helpful for others. Like the guy you responded to said, your English is very poor right now which will likely also factor into many people not really understanding your posts in the first place. Work on your English writing skills and start making helpful, informative posts and your merit will start going up quickly. |
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Noob here with a burning question:
Back when Bitcoin Futures were announced, everyone anticipated them being paid out in Bitcoin, and that the prices for bitcoin would skyrocket as a result. We eventually learned that the futures contracts are all cash settled, and seem to have had little effect on the price of bitcoin (if anything, its been a big steady decline since the contracts were released).
Thanks for the help!
Did people really assume that bitcoin futures contracts would be settled in bitcoin and not cash? Futures contracts are rarely, if ever, exercised by a buyer. You get a ton of leverage with futures and no one wants to actually take on that amount of risk on the contract expiration date. Pretty much all futures contracts become cash settled across the futures market. |
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People need to get in their head that this wasn't because banks hate crypto and want to see it fail. This is because people are gambling on crypto by maxing out their credit cards and likely wont be able to pay off their bills when they come due. This was banks trying to protect themselves and protect their consumers. Crypto investments are way too speculative to purchase on credit
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Just try not to panic if we don't actually recover here. It's very possible that we could stay flat or in a downtrend for all of 2018. It's also possible that crypto could recover in a few days\weeks. If you are confident in your crypto investment then it will always be beneficial to hold on to it long term. A famous quote about this is, "Time in the market beats timing the market"
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Base on coinmarketcap, the trading volume for the last 24 hours increased almost 150%. I am guessing the whale is taking action in loading boats of coins. Believe or not, this may be the last call for shopping before the price goes up.
Name Volume (24h)
Bitcoin $13,397,000,000
Ethereum $7,133,810,000
Tether $5,069,610,000
Ripple $3,466,970,000
EOS $1,506,930,000
Cardano $1,302,100,000
Bitcoin Cash $954,899,000
Litecoin $894,936,000
NEO $568,874,000
Qtum $543,201,000
Status $482,764,000
Stellar $390,449,000
TRON $370,134,000
Eth Classic $342,766,000
DigixDAO $227,571,000
Dash $145,194,000
Zcash $134,184,000
IOTA $132,801,000
Monero $125,136,000
Steem $121,335,000
aelf $104,272,000
IOStoken $103,562,000
ICON $102,981,000
Binance Coin $94,487,100
Volume increasing is generally a good indicator of something but it all depends on which way the price is moving, volume increasing but price falling would imply further falls are likely and then the opposite also if volume increase with price increase. I think we neared the bottom, 8k is too low and looking at any graph you'd be able to see that at a glance. The price will recover to around 13k in my expectation within the next 2 weeks. This. Volume being high on a heavy red day is not actually a good thing, it just means that more people are joining in on selling their coins which compounds on the fall. Same thing goes for a heavy green day with a lot of volume. The only time that volume isn't a good indicator of the overall market sentiment is when the volume is low or flat. Volume being low means that the prices are likely being manipulated one way or another very easily without a true bull/bear sentiment in the overall market. |
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I've said this multiple times on this forum but buy at a level you feel comfortable with buying at. You will never time the bottom or the top perfectly. If you're confident about your investment in BTC at 9k, great. If you're confident in your investment in BTC at 10k, great. It's up to you where you decide to buy. No one here can predict the future price of bitcoin so it's always a good strategy to just buy and hold.
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This is just a random person's opinion on the topic, but it's always good to hear different opinions from your own. I decided to read through the article and basically the guy concluded that Robinhood will likely the the BEST place to buy crypto from in the near future. His article just touched on some points for why it could hurt rookie traders that just use market orders and he questioned if they would be able to handle the influx of new users for crypto. He did fail to mention that it is only rolling out in 5 states to begin with so there wont be nearly as high of a number of signups as it says on the waitlist page until it is rolled out to more states in the US. It seems our conclusions are quite different. There is lot of information but maybe not explained very well. For one, Robinhood's apparent use of the word "market order" is confusing even for a non-rookie. I personally have never seen people saying market orders but actually it was a limit order. What are other exchanges/markets which does this? Second, Robinhood not having it's own exchange market is worrying because they have to rely on latency between their platform and the connecting exchanges. So only limit orders which are far out/in the money will work well. If the market is moving too fast this is a recipe for disaster. On the same topic, if the exchanges are down, something which happens quite frequently, Robinhood is going to be out of commission too. So the reliability is also questionable. "I dare say it might be even the best platform for cryptocurrency, provided trade execution between Robinhood and cryptocurrency exchange is good." Direct quote from the article. I understand the concerns he brings up but we can't be negative about it before the crypto market even opens. The only legitimate concern is Robinhood not having its own exchange market. Who will they use? How will they respond when these exchanges are down? Those are some very important questions that Robinhood will need to answer. For your "market order" question, a market order is when you just set a "buy" at whatever the current price of the crypto is. This could potentially be a disaster to newer investors that don't realize crypto can swing 5-10% in seconds so they could get a very bad fill on their market order. However, no one should ever use a market order in any market. You should always set a limit order to get filled at the price you want to get filled at and not what the current market rate gives you. |
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This news does sound impressive. Are there really over 1,000,000 people waiting in the que?
DO you actually own your cryptos if you use this app?
Yes, the waitlist stopped counting at 1 million signups. Also yes, this will basically be a US only version of Coinbase without any fees to buy and sell crypto. In the beginning only ETH and BTC will be available to buy and sell though |
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This is just a random person's opinion on the topic, but it's always good to hear different opinions from your own. I decided to read through the article and basically the guy concluded that Robinhood will likely the the BEST place to buy crypto from in the near future. His article just touched on some points for why it could hurt rookie traders that just use market orders and he questioned if they would be able to handle the influx of new users for crypto. He did fail to mention that it is only rolling out in 5 states to begin with so there wont be nearly as high of a number of signups as it says on the waitlist page until it is rolled out to more states in the US. |
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I think it will be a good system. Even in just the short time I've been here I can tell that no one is actually engaging in active discussion. There are threads with 8-10 pages and people on page 7 are repeating the same things that were said on page 2. No one is actually going to threads to engage with people, they were just going to get their post count up. This is not healthy for forum.
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all I'm gonna say is for people like me who is a noobie and not rich ,just hope one of the aidrop coins goes up to 1k per coin ,then ill make more than 1 btc in 2018 xD
No offense but this is very much a pipe dream. Get a real job and pulling in $1,000 a month shouldn't be too hard |
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I always wondered how does their commission free stock trading work, do they just charge a higher spread?
They sell order flow to exchanges, invest dormant money, and offer premium services like Robinhood Gold that give you faster settlement/deposit times as well as higher margin. It isn't always possible to tell if you're getting a perfect fill on market orders due to the spreads changing so rapidly and Robinhood not offering live quotes. If I ever trade on Robinhood, I always have another account pulled up with a different broker where I can view live quotes. I also never use market orders |
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The popular US based stock trading app, Robinhood, is planning to launch a fee-free crypto trading platform in February of this year for a select few states in the US and will expand to other states over time. I believe they are only offering BTC and ETH at this time. This could be a real game changer in the crypto world for people in the US once Robinhood gets this going. Here is a link to get on the waitlist https://crypto.robinhood.com/Consider signing up through my referral (dm me) or someone else you know so that you can get a free share of a stock worth $5 to $190 If not using a referral link for free stock then the main website homepage is here https://www.robinhood.com/*Reminder* This is US only. You must be a US citizen to create an account with Robinhood. Also as a side note this is NOT anything like a crypto exchange in the traditional sense many of you are used to. This is a US based stock trading brokerage that is expanding into the crypto world after being established for 5 years as a company in the United States. They are worth 1.3 billion dollars here in the US and have millions of users. If you were to use any type of crypto comparison to them the only ones that even come close are Coinbase and Gemini. Is Robinhood an altruist? Where they found money for transaction fees? Or that is trick? So many questions... They've made it work for their stock trading brokerage by selling order flow to exchanges, investing dormant money, and offering premium services that are pay-by-month like Robinhood Gold. I'd imagine they will continue you do these things with crypto and will eventually start adding more premium services and increase the margin rates for using their cash. |
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Any new exchange will always be good for crypto, especially one that already has an established user base and offers zero fees. It will be interesting however to see if they are one of those exchanges that claims to offer zero fees but that's because they make up all of their profit by offering very low exchange rates.
It wasn't exactly detailed how they would be making money from crypto. They make it work with stocks by selling order flow to exchanges and using idle money for investment Now Robinhood advertise activly its exchance in order to make huge amounts of people use its services, luring 0% comission. And then their admins will gradually increase comissions, but it is only to my thinking. They've actually had commission free stock trading for the past 5 years have have never wavered on their business model even as the company has grown to be worth over 1.3 billion dollars today. I don't see them ever adding commissions, but I think they'll add in more premium services and higher margin rates over time in order to increase their income. |
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To play devils advocate, why wouldn't people in tether just switch over to BTC or another crypto? Everyone has had the idea that tether was shady since it began. I don't see this having much of an impact on anything. This certainly isn't going to "crash exchanges"
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Not sure what this has to do with "Bitcoin discussion" I believe you posted this in the wrong place.
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