Bitcoin Forum
May 17, 2022, 08:44:15 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 »
1  Bitcoin / Meetups / Re: Blockchain Venture Summit | 21 November 2018 | London, UK on: November 16, 2018, 04:19:40 PM
 Anyone on here interested in Cryptobanking?  Only 14 companies have been licensed in NY.  But more of us crypto teams will be licensed next year.  We are Knabu, and are building a bank for the crypto - community!  We'll be giving updates on our license process in the UK and elsewhere. We are looking to achieve a universal settlement layer. We have an event in London next week, welcome to join or here is the LIVE stream link
2  Bitcoin / Meetups / Re: MJAC & CryptoCompare Blockchain Summit | 30 November 2018 | London, UK on: November 16, 2018, 04:19:03 PM
 Anyone on here interested in Cryptobanking?  Only 14 companies have been licensed in NY.  But more of us crypto teams will be licensed next year.  We are Knabu, and are building a bank for the crypto - community!  We'll be giving updates on our license process in the UK and elsewhere. We are looking to achieve a universal settlement layer. We have an event in London next week, welcome to join or here is the LIVE stream link
3  Bitcoin / Press / Re: [2018-11-10] Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account on: November 13, 2018, 05:24:54 PM
This is quite a case. Esp where it says John Doe accessed a protected computer.... so perhaps and employee?  manipulated the sell and buy prices to artificially inflate the market. Here is the actual court filing:
4  Bitcoin / Bitcoin Discussion / Re: Problems with banks you have faced on: November 13, 2018, 04:54:56 PM
For a long period of time crypto companies have had to operate in uncertain markets when storing company funds, this uncertainty stems from banks unrelenting assaults towards companies related to cryptocurrencies or just by having ”Bit” in their name. These assaults are executed in a form of  commercial bank account denials or simply freezing accounts without prior warning or notification.

These kind of actions create an enormous amounts of unnecessary stress to the company leaders and employees whose work gets disrupted by denying them ,what we consider to be a basic right, a safe and trusted way to store company funds.

We are looking to solve this problem for more information please visit:
5  Alternate cryptocurrencies / Bounties (Altcoins) / Bounty - Knabu - Fiat infastructure for the Decentralized Economy on: October 04, 2018, 12:29:30 PM

What is Knabu?

We are currently the only blockchain company in UK that has started its banking application to be a clearing bank for crypto companies. We are also building a springboard for credible token projects where users can validate the credibility of a project before making a decision to invest. We will be providing crypto & blockchain companies a new industry standard for storing & transacting funds.

We're giving the community the option to participate in our growing process and have provided you with wide variety of options to choose from. Participants who follow the set rules and provide quality results will be rewarded with Knabus native ERC-20 Token KBU.

Currently active Bounty Campaigns:

More Bounty campaigns will follow in the near future and will be announced soon!


The rules of each Bounty-campaign differentiate from each other and are explained more in-depth inside the campaign announcements themselves. The general rules that must be followed when taking part in any of the campaigns are the following:

  • Any kind of fraudulent activity will lead to disqualification
  • Plagiarizing is not tolerated
  • Using automated software is forbidden
  • Foul language is prohibited

You can find more information of us here:

All the best to you,

The Knabu Team
6  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Knabu - Financial Services for the Crypto Economy on: October 04, 2018, 11:49:42 AM

Knabu: Our vision to build a fiat clearing bank for the Crypto community!

We first wrote our initial draft of the Knabu whitepaper in September 2017, as a culmination of years of thought and often frustrating experiences in having our bank accounts closed or queried simply because we use or reference digital assets. At the same time, we kept observing bad actors, not just opaque banks with terrible customer service, but token projects which are scams and taint our otherwise credible token market.

In the years leading up to Knabu, we’ve had the privilege of seeing our space grow massively. Back in the day there were small bitcoin meetups where you knew everyone by name. Now there is a massive global sector with large industrial scale projects: from decentralised exchanges to blockchain software architecture to miners to blockchain gaming. New services and models are being created at an accelerating rate.

We are still excited, as when we first discovered Bitcoin, about how the technology can eliminate inefficiencies and help optimise the benefits of numerous industries.

What Is Knabu?

In short, we are a blockchain technology company that has started the authorisation process to be a utility bank in the UK.

We want to enable innovators and future thought leaders to focus more on the quality and strength of their proposition. We will help them do that in two ways.

First, actors in the crypto economy should not have to worry about getting a business bank account or the stress of it being closed at short notice due to unjustified ‘risk’. Having an operational commercial bank account in our opinion is a basic right that should not be denied to crypto companies because they are doing something new. At the same time, the bank model is outdated. We are engineering our utility bank to use blockchain technology and build upon decentralised mechanisms that can remove inefficiencies that exist today.

What Is A Utility Bank?

A utility bank is also known as a clearing bank. In the UK, clearing banks have settlement accounts with the Bank of England. The entire UK payment system settles across these Bank of England accounts. There are currently only seven clearing banks which are Barclays, HSBC, Lloyds Bank, NatWest, RBS, Ulster Bank and Clearbank.

In the last 250 years, there has only been one clearing bank to enter the UK market. We are looking to further break this monopoly and be the first blockchain technology company to be bring utility. We’ll do this as a B2B business, being being direct members of fiat payment schemes (eg Faster Payment and CHAPS). In addition to deposit taking and transaction processing of our own customers, we’ll facilitate the actual movement of money from one account to another between customers of other banks and payment service providers (PSPs).

Utility should be the order of the day in providing valuable services and helping the economy to grow. So we plan to introduce products and services which are blockchain aligned and which leverage the efficiencies of self clearing assets towards a universal settlement layer.

Looking Forward

We are continuing to work hard on development and our licensing process. We appreciate the very positive and encouraging engagement with UK regulators in this journey who have shared their deep interest in fintech with us.

You can find more information on us here:

All the best,

The Knabu Team
7  Economy / Trading Discussion / Re: 7 Difficulties for a trader on: September 26, 2018, 04:00:50 PM
Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.


1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations


1. Use good R:R with 1% SL
2. Exit when you identify bearish divergence in indicators/resistance/candle
3. I'm understanding this it's hard to leave computer when you're at loss = only take good R:R-setups with MAX 1% loss.
4. I've no idea what this means
5. Good R:R with 1% SL
6. No need to stop there if bearish divergence/reverse-pattern is nowhere to be seen.
7. Experience will help with this one, watch the trade progress through analytical eyes and disregard your feelings.
8  Economy / Trading Discussion / Re: My luck is very bad for crypto trading 😞 on: September 26, 2018, 03:08:45 PM
The one thing you're supposed to minimize as well as possible is "luck" in trading. Do you think it's always the same guys profiting the most yearly results of good luck? Absolutely not. They're the ones who know how to manage their trades when bad luck occurs and something unexpected happens. Luck has very little to do in long term trading career, i'd go as far as say it has absolutely nothing to do when looking at people with multi-decade long career in trading stocks/crypto/etc.

One of the best things a veteran traders has told me was "If a trade is not self-evident, i will not take it. The idea of studying charts is ludicrous to me".

Only takeing trades that you're sure of does pays off in long term.
9  Economy / Trading Discussion / Re: Words for beginners on: September 24, 2018, 05:40:20 PM
I never did think about this, till you brought it up.

But isn't such theory more adequately applicable in a non-wildly-fluctuating market?

Cause for all I know... BTC might go down 1% for weeks, before actually heading to the resistance.

I'm guessing by resistance you actually mean support since you're talking about price going down. And by all means no, R:R-trading is especially important in cryptos since the volatility is so great compared to traditional markets. I'd rather lose 1% in a major dump than lets say 7% by having a good R:R-setup.

And lets take an example here, you said "BTC might go down for weeks".

You take long right now and BTC goes down for 4 weeks straight 1% per week. At the end of this week your stop-loss activates and you lost 1%. If you wouldn't have had that good of a R:R-setup your loss would be 4% without setting up your stop-loss.

Best R:R-setups are often found at supports, you open long directly at support with good R:R, and your stop-loss being set below the support line. This would give you the chance to either lose 1% at MAX or gain 3% judgeing by the current price action were having between 6561 and 6754.
10  Economy / Trading Discussion / Re: How do you pick your trades? on: September 24, 2018, 03:06:11 PM
I usually start my trades looking at the biggest losers of the day, they often present better options to hop into a trade when coin/token is oversold and approaching support. No reason to hop into pumping coins mid-pump when there's better R:R-setups floating around.
11  Economy / Trading Discussion / Re: Is there a required amount before you start trading? on: September 24, 2018, 02:38:17 PM
I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Yes and no, there's no requirement on the exchange-side how many Bitcoin should you own before you start trading. But keeping in mind that the exchange fees do stack up alot if you're active trader and should be taken into consideration. Anything less than 1000usd gets eaten easily especially if your win% isn't extremely good.

I personally wouldn't start with anything less than 5K worth unless going high propability trades with margin.
12  Economy / Trading Discussion / Re: Voted best trading platform on: September 24, 2018, 02:30:52 PM
If Binance would allow shorting there wouldn't be any need to use anything else. Sadly it does not.

It's clearly a great exchange with transparent CEO and battle-tested security which didn't fail in real situation.

For shorting there's always Bitmex, which to my knowledge hasn't had any security issues and currently stands as the most popular margin exhange for people in EU.
13  Economy / Trading Discussion / Re: The best way to profit in cryptocurrency on: September 24, 2018, 02:26:32 PM
what do you think Huh
Which one has more profits and benefits, With less risk?
Investing on ico?
Airdrop and bounty program?

Please leave your comments

HODLing has historically been pretty wise decision, depending on the asset of course. I'd only recommend trading if you're educated in the matter and know what you're doing.
14  Economy / Trading Discussion / Re: Fighting your own FOMO on: September 24, 2018, 02:24:40 PM
Human nature is full of greed, and FOMO.  Not just in trading but in life as well.  And once you recognize it for your trading, you can recognize it in your day to day life as well, and fighting it can help you deal with every day situations with more rationality and logic.

What sort of psychological tricks do you use on yourself to combat your own FOMO?  Do you still get your own FOMO hitting you when you see a coin blowing up all over the place?

Myself, I practice JiuJitsu as well have learned good meditation from a solid instructor, but the most help I have is from support from fellow traders in a good community.  Hahaha like a support group!

Experience and obeying a solid strategy when tradeing anything has helped alot of people to get rid of the fomo and look at the trading opportunities through analytical view, rather than fomo-glasses.

Many people start their days meditating and clearing their mind before trading, which i'm sure is helpful.

Relaxing music calms people down and helps focusing.
15  Economy / Trading Discussion / Re: Bitcoin trade bearish mode? on: September 20, 2018, 05:22:14 PM
There's always a way to make money whether market is going up or down, that's why going short was invented in the first place.
16  Economy / Trading Discussion / Re: Easy to bring down BTC price? on: September 20, 2018, 05:18:44 PM
Would we ever be able to see (know when) wealthy finance companies working together to buy and sell bitcoin (lower), deliberately throwing money away to lower the price? Add in the $ that's made from shorting the coins (btc & eth shorts have record highs), and they can minimize their losses. No regulation, collectively billions to throw towards the cause, makes for an easy way to manipulate the price downward.

With no regulation (anyone can buy and sell any amount) and the majority of BTC trading volume being worthless (traders and bots running trying to buy and sell enough to make a few bucks), how much selling would it really take to continuously drop the price?

There was a record breaking 10,000 BTC short placed earlier in the week, just before the recent selloff dropped the price. Who knew? The sellers
Taking into account the $ made on the shorting btc and eth, does anyone know what it would take to continuously drive down the price? IMO, I don't think as much $ as people are thinking?  Sad

Like most things in the world, everything becomes alot easier when you've enough capital to pave the way. Bringing Bitcoins price down is no problem for whales holding multiple hundred millions worth of Bitcoins in their wallets. That's why people tend to follow their wallets activity and even have bots to give warning when there's movement happening between the wallet and exchanges.

Liquidity solves this problem quite handily, it's alot easier to manipulate low liquidity markets where the orderbooks are extremely thin compared to traditional markets.
17  Economy / Trading Discussion / Re: Crypto exchangers and kyc on: September 20, 2018, 05:14:20 PM
Is anyone know there is any crypto exchangers who dont ask kyc ??

Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.

Binance for example doesn't enforce KYC if you withdraw less than 2 BTC's a day, if you want to withdraw more than that daily then KYC is required.
18  Economy / Trading Discussion / Re: TRX.....TO SELL OR TO HOLD?? on: September 20, 2018, 05:00:37 PM
I bought a lot of TRX late July @ 0.00000470BTC (based on Expert Trader Advice Angry Angry) with hopes I bought at a low and was going to see a bull market soon Wink Wink. Now at A market Price of 0.00000292BTC. I feel I have held for too long and my Capital has bled out as well Sad Sad. Should I sell now or still Hold? Huh Huh Huh

First of all you shouldn't take investment advices from anyone in the crypto space unless you're 110% sure that they've never been involved in fraudulent activity and have a solid track record in recommending profitable investments. Even then you shouldn always do your own research on the project or doing your own technical analysis, and only after that decide if you're still on the same page with the "advisor". In cases like this you unfortunately have no one else to blame but yourself, take this as a lesson.
19  Economy / Trading Discussion / Re: How to know which coin is more stable for day trading on: September 20, 2018, 04:44:23 PM
One thing daytraders absolutely do NOT want is stability in the prices, that would put them out of business. The volatility is where they make money, it's alot harder to make profit during slow times with low volatility.

I wouldn't recommend starting with daytrading, if you don't know what you're doing it will punish you and teach you a lesson real quick. It's alot harder than people think and many of the ex-forex traders have migrated away from it to longer timeframe trading.
20  Economy / Trading Discussion / Re: Is technical analysis vital? on: September 20, 2018, 04:37:34 PM
If you're investing in the product because you believe it will grow in value i the upcoming years, the only thing i'd use technical analysis is finding a good entry-point. If you're truly confident that token XYZ will 100x in the coming years, i don't even see searching entry-point that necessary.

When planning in going to long term investments i personally look for moving averages, 50, 100 and 200MA's are great way to verify that the direction of the price is going to the preferred one. No need to start nitpicking about the low timeframe RSI's etc. when looking for long term investments. If the fundamentals look solid to you, go for it.
Pages: [1] 2 3 4 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!