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1  Bitcoin / Bitcoin Discussion / What will transaction fees be after btc is fully mine on: November 11, 2018, 04:15:17 AM
As we all know that bitcoin has a max it can go as total supply and we currently have over 17m+ in circulation with halving reward method of 12.5 to miner every 10min while the users still pay fees for transaction for same miners.

With the current situation in market has btc was expect by many users that it suppose dip more to like $2000+ while some are anticipating for new all time high by this December , and I read in some post that miner are the reason for btc not breaking $6k level to dip to $2000+ level because of the cost incurred to mine btc .

So this makes me worry that if to mine one block could be that costly that the reawrd of 12.5btc which sum up to total of $80,100 with the current rate of $6400 each along with TRX fees from the sender which also depend on which wallet the trx came from as we all know that all exchange charge 0.0005 as a fees which makes their transaction more faster than some wallet like blockchain , which shows that miner are more concern in high fee .

So come when btc is fully mined and there is no more reward for miner through Bitcoin mining but only base on transaction fee and the cost by then to create a block will be more expensive than what we have now with such reward per block and once there is no more reward , what will the transaction fee be by then is what is giving me concern and will like to hear a different opinion from every one as this is much more important to the survival of Bitcoin in the future.
2  Alternate cryptocurrencies / Altcoin Discussion / TIME TO SELL AND TIME TO HOLD on: September 11, 2018, 05:11:11 AM
I believe there many things we all need to understand when it comes to trading.

We all aim to get profit while trading and it turn out for some to be so and to some the other way ( lost), then I realize that there many basic rules that we don't put in to consideration which lead so many of trader in lost today.

Some choose to be a day trader and some long time , which I think are both good but different rules apply to both , in day trading you have to be active ad devote your time to do this in other not to loss your investment but in long time, all you need to do is to know when the token fall ad enter at the bottom to sell high which only require little of your time to check and set your stop lost to curb your lost .

But basically many dwell so much on holding, which I believe is good too but there rules that guide holding too while some say you sell and move on or buy another token or may be rebuy at the bottom , but many still sell and regret selling while some hold and regret holding too , which has made me realized that there is always a time to sell and time to hold.

Firstly, we need to understand some basic things in technical analysis which I think is good for trading and backup with fundamental analysis and don't forget that we have big boys too in the market , that manipulate price to their favour.

Secondly, don't have any romance with any coin , all are good only when it gives you profit ,so there is time to sell and time to buy ,with support of your technical analysis and you can rebuy again when it dip to get some more token.

I think this bear market is best time for long term investors to buy some token as little as $50 on like 5-10 coins or even 2 or 1 just as your capacity is and wait patiently for the time ,also make sure it's a good and potential token because many are out there as a scam .

Day trader have their choice to follow any of the tools to know when to get in or out by using 1h, 4h or 1d chart to determine their target but will be cool if their daily target are like 3-5% which I think is achievable on daily basis and don't always forget to set your stop lost.

I think this will help a little way for those that are new to crypto and I will like more people that know little or more on how to be a successful trader to add some advice for newbies to learn ,
3  Economy / Speculation / ARE WE REALLY SEEING BULL RUN OR TRAP IN BTC MOVE on: August 26, 2018, 11:50:31 AM
Bitcoin since touched $5800-6000 area has not really clear to many if we are in bull market or it just a mere run to make noobs or newbies FOMO, and looking at it TA which shows it has not been on same lane even with FA but many says it's manipulation and crossing $5800 area below has been a major support but many think it should break it, so am wondering if we are getting close to bull market or we are just in swing market for now.
4  Alternate cryptocurrencies / Altcoin Discussion / KYC in crypto, does it really require? on: August 09, 2018, 01:16:36 AM
Do we really need to submit our personal details to ICOs for buying the token or for participating in it's bounty and airdrop?
I always wonder why do we need to give our vital info to ICOs that most are not even likely to come on in crypto space and crypto is all about decentralization but submitting our info has made it look centralized to me.
There is no regulation in crypto yet so why should we give our details to unknow ico organizers, so claim to prevent some region in participating in the ico because of the country law but those ICOs comes from the same region and country that prevent their own citizen from participating, should we say they are using style to rob us or our details is being used for other purpose .
I think it's high time we all need to stop giving our details to ICOs if really the crypto is all about decentralized and their is no regulation in the world yet to really require such details, I will like to know everyone minds about the submission of our details in term of KYC .
5  Bitcoin / Bitcoin Discussion / Is there difference between bank and cryptocurrency exchange on: July 07, 2018, 02:33:22 PM
Come to think of it, we said blockchain is bringing decentralized to the world by cryptocurrency and save us from banks , but have we really gotten the decentralized we talking about because I can't imagine exchange taking so much from us through buying the tokens and still not save by keeping our funds in their cares , this makes me think that are we really in decentralized world we talking about or just a mere thinking,

These exchange makes money even more than banks from us, which mean we are enriching someone by doing so,

Do we really need to pay that much for exchanging of token for btc or any other cryptocurrency if some exchange are charging 0.25% and one is charging 0.15% and even offer 50% discount if their token is use to pay for the fees and still record millions as a profit every month and also take more than what miner takes as charge fees when sending out from their wallet like 0.0005 which is equal to 3$ compare with normal fee which is less to 1$ , and if anything happen to your fund they are less concern ,

dont you think we are in centralized crypto market even if we can gain from those token we bought and what do you guys think is the best way to really curb this centralized thing from the world ?

Do we really need DEX to stop this and are we really save in DEX also has some were hacked just of recent .

What do you guys think is the best solution for the fees and how can we really decentralized crypto world ?


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