1661
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Economy / Lending / Re: +1000$ Loan
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on: November 21, 2022, 10:07:22 PM
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BTC Hi, I would like to borrow at least $1000. I don't have any kind of reputation in this forum but I can show you my trading skills without any problem, I need this money to trade futures.
Why are you looking for a stranger over the internet to give you a loan then, if you have excellent trading skills as you claim? Don't you have relatives or friends? Borrow money from your relatives, multiply it using your trading skills and pay them back. Isn't that easier. I am sure they won't ask you for any collateral or interest?
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1662
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Posting about new miner
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on: November 20, 2022, 11:48:19 PM
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I want to post here but if legit devs are being banned without any explanation or info about it, it is kinda discouraging xD
The reason most of them are banned is that they post malware while claiming that they are miners or wallets. If your software has no malware, then you won't get banned. I have seen so many folks post new software and not get banned. Just do the right thing if you don't want to get reported and get banned
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1663
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Alternate cryptocurrencies / Altcoin Discussion / Re: St. Kitts and Nevis legalize Bitcoin Cash (BCH) as a means of payment
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on: November 20, 2022, 11:37:30 PM
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Here we go again. A shitcoin whose sole purpose is to make newbies believe it's the real Bitcoin while BTCitcoin should be called Bitcoin core . I hope people of St. Kitts and Nevis one day wake up and realized Bitcoin cash is just an impersonator and a shady project with no good intentions. It's a coin that is dying a slow painful death, and it will be forgotten just like all other shitcoin such as Bitcoin Diamond, Bitcoin Gold, Bitcoin etc
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1664
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Other / Beginners & Help / Re: first time using P2P on exchanges you may learn from this
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on: November 20, 2022, 11:00:32 PM
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2. Use a renowned Exchange: there are many exchanges around but the one I am using is Binance I have performed P2P transactions with them and they all went through, verify the exchange you are using and making sure it's the official exchange you downloaded.
Binance has nothing to do with peer to peer exchange. It's centralized and custodial Binance is actually more like the c2c exchange, since the third party is Binance. They even had c2c in their link at the beginning, but removed it and replaced it with p2p. They can block your funds if they want. Obviously they won't admit that they are a c2c since p2p is more selling.
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1666
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Other / Off-topic / Re: Service legitimacy question: Wells Fargo account
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on: November 20, 2022, 10:01:08 PM
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"if the deal is too good to be true. Then it's probably a scam or a dirty deal"
Be careful of such offers, especially if it's a stranger. Who knows where the money comes from, it could be from selling illegal items such as drugs or financing terrorism. At the end of the day, you will be the one to end up in Jail since an account linked to your identity is involved in the transactions.
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1667
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Economy / Trading Discussion / Re: What happened with crypto?
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on: November 19, 2022, 11:58:21 PM
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You first registered in this forum in 2013. I would expect you to be familiar with Bitcoin price movements all the way from 2013... The current situation is actually normal and happens after every bull run.
You don't expect Bitcoin price to keep climbing higher and higher without any correction or consolidation phase.
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1668
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Economy / Exchanges / Re: Invest in Your Future with Bityx
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on: November 19, 2022, 11:47:24 PM
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I myself have been cooperating with a few months, but I can already: the company honestly fulfills its obligations. A couple of times there were controversial issues, but the support promptly resolved everything. The main advantage of this crypto-exchange is manufacturability, which significantly increases the trading process itself
I was bribed by the fact that there is a really simple and understandable site, and there is no minimum deposit (this is a rarity). News feed, order book, charts with indicators - everything is there for timely response to changes in the market situation and making informed decisions
I've seen a lot of mentions of bityx and through research I've found that most of them get good reviews and comments. But there are users who have a bad experience with the exchange. I think people's feedback also depends on their personal strategies. It often happens that people on margin trading lose money and then they blame the exchange for this.
Hello Bityx, I know you are the person behind all this accounts. Thanks for confirming that you are running a shady exchange and no one should trust you with even a single dollar. Creating alt accounts to make some fake reviews on your thread isn't going to help you at all and we are not some stupid people here to believe such bullshit.
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1669
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Is the HDD mining hype over?
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on: November 19, 2022, 11:25:30 PM
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In my opinion, it's not lack of HDD minable coins, or lack of interest by the public, it's more about which problem the coin will solve? Why not choose any other available coin?
The problem the coin solves doesn't matter much anyway, since most of these coins are just copycats or base their "problem-solving" on features that major coins like Bitcoin are said to luck. Numbers do a lot. Have you noticed how shitcoins pump in price for no reason except that everyone is just hyping them?
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1670
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Are you shutting your ASIC miners off for BTC? You have a new opportunity.
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on: November 19, 2022, 11:05:25 PM
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bItcOiN iS oUTdAteD But the goes ahead to name his shitcoin Pulsebitcoin Bitcoin suffers from critical problems that prevent its continued adoption. To name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it's not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of intermediaries, it does not scale as well as the Ethereum network(s), and the list goes on and on… Same narrative every other shitcoin promoter uses out there. They don't like the fact that Bitcoin isn't compatible with their Ponzi schemes they call defi's I think you didnt read whit paper of bitcoin it is only 24 pages something.i suggest you read it.then write how bitcoin suffers.
It's actually just 8 pages of content if you remove the references page. Obviously, OP just chose to be ignorant.
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1672
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Economy / Trading Discussion / Re: BTC Price Drop - How are Bitcoin Long-Term Holders Responding?
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on: November 18, 2022, 11:39:05 PM
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Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. In case you are new in this space, it's been like this since Bitcoin's existence. HODL tight!!! On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure. On chain fundamentals shouldn't be religiously relied on though. People have been cashing out of exchanges because of the recent LUNA and FTX horrors. What are your thoughts on this? What could be the rise of price by end of 2022?
End of 2022 is too close, probably mid 2024 and onwards if you have observed the previous cycles
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1673
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Economy / Trading Discussion / Re: Which Dexs are best for perpetual futures trading
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on: November 18, 2022, 11:01:37 PM
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I like DYDX but I heard you need VPN if you are in the U.S because they don't allow American people. I've not use GMX or GAINS ( gTrade ) what do you think about these two? Or which one are you using right now?
How does DYDX and Dex even appear in one sentence? I am really disappointed mate. Folks, i think we need some refresher courses on what exactly decentralization on the blockchain is. This shit exchanges running on Ethereum or any other shitcoin smart contract fool you into believing that they are Dexes, and yet they are not. How do I explain to my kids that a "decentralized exchange" blocked some user accounts ( dYdX confirms blocking (and unblocking) some accounts flagged in Tornado Cash controversy)
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1674
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Economy / Trading Discussion / Re: Trading the Kimchi Premium
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on: November 18, 2022, 10:42:44 PM
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I looked into this back in 2017 and figured out why there is a massive premium. It’s due to capital controls. I forgot which way but you could send your Bitcoin and sell it for their currency but you wouldn’t be able to get your usd back pretty much.
There is also the issue that you need to be a citizen just to open a bank account there. You can’t just open it online and wire money back and forth, won’t work.
If it was easy:.. there wouldn’t be a premium.
Spot on, depositing and selling the Bitcoins or other coin is very easy, but getting the money back in form of fiat is where the hurdle is. Ideally, getting someone whom you know from South Korea would work as they would help you sell and then send you back the money to buy more coins, but the problem is trust issues and sometimes other factors such as weird exchange rates by international transfer banks that can just eat up all the projected profits in a flash. The situation is similar to that of exchanges like Yobit and hitbtc that keep wallets of certain coins under maintenance for ages.
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1675
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Economy / Service Discussion / Re: Genesis' crypto lending (Genesis Global Capital) halts withdrawals
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on: November 17, 2022, 11:55:43 PM
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So Gemini crypto exchange went offline yesterday following this tweet They claim that they experienced an Amazon Web Services EBS outage with one of their primary databases, the exchange was restored after sometime, but you can never trust what those folks say. A huge outflow of coins and token from the exchange has been observed according to on chain data. Careful guys. Be on the safe side.
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1676
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Economy / Trading Discussion / Re: Trading the Kimchi Premium
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on: November 17, 2022, 11:36:47 PM
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I have noticed this kind of thing before though not particular with the Kimchi premium but up on deep research and interactions with traders from that country, I got to realize that I was hard for them to cash out given the Government stance on cryptocurrencies and this might be the same thing with South Korea.
Cashing out so that you can make that quick profit, arbitrage trading, may not be possible. Please try to engage with traders from South Korea through telegram, Exchange chats or discord groups. They will easily tell you what's going on
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1677
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Bitcoin / Mining / Re: Cloud mining for bitcoin
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on: November 17, 2022, 10:05:51 PM
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Greetings! I'm on a quest to find some bitcoin mining sites/apps
Don't waste your time and other resources such as internet data on the cloud mining scam The best resource you have right now is actually time, and you can turn that time into money if you get a well thought strategy.
Don't compare the profitability of mining and buying a bitcoin they are different. You can reach the ROI fast in mining depending on where you live or if you have free or very cheap electricity rate. Buying bitcoin and hold them for a long time is always effective but mining will generate you more bitcoin and you can hold them until blockhalving to make more profit.
With this current inflation rate, I am pretty sure there are very few places with cheaper electricity. I still think buying Bitcoin is more effective and profitable for a low budget person if one buys at the right time of the market. Mining Bitcoin requires a lot of effort and also takes time for you to breakeven, even if the electricity is free.
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1678
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Economy / Exchanges / Re: Liquid suspends withdrawals
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on: November 15, 2022, 11:51:49 PM
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Good riddance I remember this exchange back in 2017, I even registered with it because some ICO I was participating in. A few months down the road, they just looked me out with not even a single warning. Luckily, I didn't have any funds there. I had no idea that the exchange still exists. Lol, the blockade is still on
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1680
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Economy / Trading Discussion / Re: Future Trading Liquidated
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on: November 15, 2022, 10:53:51 PM
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Maybe you need to change your trading strategy to best suit how long you need to wait for your positions to be open. Avoid sideways markets and try only trending markets.
Look at the time frames you are using and leverage. Also, in order to avoid disappointments such as liquidations, you need to properly manage your risk and set up meaningful stop losses where possible.
Use a good risk reward ratio that can help you determine the stop loss and take profit which you can set up.
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