1102
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Alternate cryptocurrencies / Altcoin Discussion / Re: Avoid using LATOKEN and Cointiger to buy any altcoins.
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on: May 30, 2021, 04:45:41 AM
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I believe that the cost of maintaining an exchange is about the same so they have to work everything to survive. Forgive them for their work, the crypto market is harsh and doesn't always make good money. Low-volume exchanges have different ways of surviving and making money. The most common is money laundering transactions, with high withdrawal costs.
Some cryptocurrencies can only be purchased on small exchanges so some people will take risks for high profits.
If you don't like trading on small exchanges choose the big ones.
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1103
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Alternate cryptocurrencies / Altcoin Discussion / Re: All the crypto industry is running by shills
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on: May 30, 2021, 04:40:48 AM
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I think this is not necessarily true because good projects are still known by many people and serious and long-term investment if it is really good. We see that projects from 2017 to now are still developing well such as Synthetix, ChainLink. They also have bounty campaigns before ICO fundraising. Synthetix was quiet during the half bear market until it was really a strong project in the DEFI trend.
In addition to advertising through media channels, technological factors and the investment of large investment funds are also driving the cryptocurrency market up.
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1105
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Not User Friendly Yet
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on: May 30, 2021, 04:29:36 AM
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Bitcoin is the most modern currency and the quintessence of mankind at this time. Bitcoin combines technology and economics so there is more than one area of bitcoin knowledge to understand and use it. Many people use money and do not understand money so it will be difficult for them to understand Bitcoin.
The problem with Bitcoin for use is that it is managed by individuals so no one bears the loss or loss but its owner. Users need to be careful and secure when storing their Bitcoins. Next is the unstable Bitcoin cost so it is not suitable for frequent transactions. Apart from the above two, everything about Bitcoin is fine for me.
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1106
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Economy / Trading Discussion / Re: Is Scalping even viable in Cryptocurrencies?
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on: May 28, 2021, 08:37:54 AM
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The cryptocurrency market is highly volatile so Scalp trading is completely applicable. You can participate in bottom fishing when the market crashes because they happen very quickly and the profits are very good. The strong volatility of the market requires you to have constant observation and place limit orders to take profits, cut losses reasonably to avoid the risk of loss in trading.
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1107
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Bitcoin / Bitcoin Discussion / Re: Bitcoin & increasing government pressure & power outages
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on: May 28, 2021, 08:23:51 AM
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Cutting electricity for Bitcoin mining plants is advisable in IRAN because the electricity consumption demand of these national operations is high in the summer. The government must prioritize electricity for things that are more important than Bitcoin mining. Banning bitcoin mining plants is essential for the truth as even China is concerned about the lack of electric power. In summer, the water level of hydroelectric plants is low and not enough for the operation of power plants. In addition to exploiting electric energy, hydroelectric dams also have the use of irrigation dams.
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1108
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Economy / Economics / Re: Why own stock if You can own the stocks of the Federal reserve
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on: May 28, 2021, 08:13:43 AM
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Investing in stocks can bring double profits as investors receive dividends every year and increase the holding shares. The return is better than holding the shares of the Federal Reserve. Personally, I think what you are referring to is just a type of government bond. I like to take risks and I can also make money faster through derivatives trading on the stock market.
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1109
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Economy / Speculation / Re: From trader become holder because the market is crashing
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on: May 27, 2021, 05:00:01 PM
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The market crash was predicted when the bad news hit, in part because Bitcoin has been hot for months. Many people quickly exited the market before Bitcoin crashed. Some people got rich because they successfully caught the bottom. With a little observance, we can avoid unnecessary crashes from the market. Trading with a plan and placing a stop loss is the way to survive in the harsh crypto market.
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1110
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Other / Politics & Society / Re: Will Trump be indicted ?
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on: May 27, 2021, 04:47:54 PM
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I think Trump will be safe because indicting him would be a bad precedent and that could stir up political life across the country. The former presidents of the United States will be blamed. What I don't like about Trump is that he has passively responded to COVID-19 and let the consequences be severe. Trump's tweets after running for paper sent a wave of contradictions among Americans. It's incitement to division, which I consider bad.
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1111
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Other / Serious discussion / Re: Persecution of the elderly.
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on: May 27, 2021, 04:43:23 PM
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We are equal before the law so sue them with the evidence you have gathered. He has contributed to society by working during his years, which should be recognized and respected. I hope the neighbors won't harass you again. I am very happy and surprised to know an elderly member on this forum.
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1112
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is Binance too big to fail?
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on: May 27, 2021, 04:36:03 PM
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Binance has changed the system of exchanges with amazing features. Referral program via link to get a percentage of transaction fee commission, reduce transaction costs with exchange tokens, IEOs, staking coins, CEFI, a blockchain is what Binance offers, they lead the trend and changed the way traditional cryptocurrency exchanges did. Binance also has an investment fund. Binance is doing great with multiple roles in the space. They have decentralized their ecosystem with many different divisions. They still don't have an official office, which has helped them select an excellent team from all over the world to work for them. The Binance ecosystem is making a huge push into the development of the crypto space but it must be admitted that the power from CZ is too great. I think Binance will grow even stronger in the future.
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1113
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Alternate cryptocurrencies / Altcoin Discussion / Re: ETH high gas fee
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on: May 26, 2021, 06:29:55 AM
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Gas fee of eth reducing. At this session i face $300 fee on uniswap transaction. So i think present fees is ok of us. But it’s better for everyone if fees reduce more. $300 per transaction? Is this really true because gas prices are low? Your $300 cost can be the transaction cost of this trading platform based on the volume you trade. Please double-check as the metamask wallet still frequently fails and causes transaction fees to increase unreasonably.
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1115
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Secret btc Price indicator
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on: May 26, 2021, 05:52:55 AM
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Do you have something better to say about XRP? Is there any historical evidence to show a connection between XRP and Bitcoin? Currently, there are dozens of cryptocurrencies emerging, they have large capitalization and reputation. Old cryptocurrencies are no longer as influential as they used to be because the market has changed. We have seen the TOP 10 Coinmarketcap change continuously over the years. It is difficult to draw any conclusions about the market. With your speculation about XRP and Bitcoin, I find it unreasonable. Please talk about something more useful and realistic than baseless speculation.
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1116
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Economy / Economics / Re: The Winklevoss twins worth $3bn Each for buying Bitcoin @ $8 with confidence
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on: May 26, 2021, 05:45:34 AM
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At the time in 2011, very few people knew about Bitcoin and I don't think anyone would dare to buy 10 million USD of Bitcoin and hold it for such a long time. I really admire these two, they are the veteran holders we know. They have been patient and have preserved their assets scientifically to be able to use their money up to this point. Many people have lost their password or account recovery phrase in the past. Perhaps because they keep too little Bitcoin in their wallet at the time of ownership, they are subjective and forget what their recovery information is.
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1117
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sovryn price speculation. (Bitcoin dex)
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on: May 26, 2021, 05:36:00 AM
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My experience using RSK network is not really good. The liquidity of rBTC not really high when i try to use the sovryn platform. Sovryn hype is really high which make the price keep climbing after the trade open, now i think market will reveal the true price of it.
SOVRYN has dropped from $80 to $17 in recent bear market days. We need to consider the stability to invest in this project. We need more stable liquidity, the project needs mechanisms to promote liquidity increase and reduce the reward for sudden liquidity withdrawal.
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1118
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Bitcoin / Bitcoin Discussion / Re: Why doesn't bitcoin go up higher percentages like altcoins?
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on: May 25, 2021, 01:28:55 PM
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A very good question and I really like it. This was my question when I first entered the crypto market. I've been through value rallies and I'm very aware of Bitcoin's price rise.
The capitalization and volume of Bitcoin are huge, so for Bitcoin x2 worth in a week or a day, it takes a huge amount of money to maintain the value, to do that will take hundreds of billions of dollars. Obviously, such Bitcoin pumping wouldn't have been possible without some extremely good news accompanying it.
Altcoins have a lower capitalization and volume, so depending on the capitalization and volume, it is easy or difficult to pump money to make it increase in price. If we look at altcoins with a market cap of $1-100 million, their volatility is much greater than that of altcoins with a capitalization of over $1 billion.
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1120
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Economy / Economics / Re: Are we entering bear market? How low will btc go in the coming year?
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on: May 25, 2021, 12:51:29 PM
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$12k-15k$ is a reasonable number for Bitcoin's buy zone in a long-term downtrend. We've seen Bitcoin consistently hit $10k in the past, which is the best support I can think of. If Bitcoin price breaks through this level, the price could drop even lower. Right now I don't think Bitcoin can enter a bear market yet. The recent price drop is just a necessary correction.
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