 Show Posts
|
|
Pages: [1] 2 »
|
|
Take an hour to explain Bitcoin? That's really the issue. Not sure this person understands it enough to explain it well themselves.
A lot of people want to explain every detail about Bitcoin, and explain their own viewpoints on everything regarding each aspect of the technology such as why it has value etc...
People can't digest that much information, it really needs to be summed up in a very holistic view that people can understand easier.
|
|
|
|
|
Yes, really unfortunate to hear that things didn't go well, and that it may not happen this year - I hadn't seen that article yet when I posted before. I have faith though. I'm sure this has exposed them to a lot of the issues with the code and hopefully should be able to resolve those and bring the network forward.
|
|
|
|
Anyone know what is going on with the testnet hard fork? Wasn't it suppose to be at block 4.2million? Looking at https://ropsten.etherscan.io/It looks like the block reward is still 3ETH, was it post poned again somehow? I saw this article posted earlier. It appears that there was a lack of miners on the testnet capable of producing the next block. Eventually, they did get the block, but it had 0 transactions. Certainly worth watching the development as it appears they still plan on doing the upgrade this year. |
|
|
|
|
I think volume is a good indicator to where you need to be watching. If altcoins have little to no volume, they are likely not leading prices. If a particular altcoin, like Ripple is experiencing a huge amount of volume compared to normal, it could be leading. Typically it appears Bitcoin is leading, because it is the standard in the market.
|
|
|
|
Hi,
does anyone use team viewer to remotely check in to your miners?
is there any concerns with someone hacking your mining operation?
i have been told you should have a virgin computer with nothing on it and i'll be fine...is this correct?
thank you for your time and information
TeamViewer offers 2FA with Google Authenticator. I use it on my rigs and it works great. It has saved me several times when I've been out and about and get a notice that a rig has stopped working. Works really great for administering them as well from a single PC. There may be other services that would be better or more secure even, but for smaller miners I don't think TeamViewer is that bad as long as you have 2FA enabled and are monitoring your mining. |
|
|
|
|
I would not recommend withdrawing often as most exchanges require you have withdrawal fees. I think most people only leave a small portion of their total coins on a margin exchange, and remove profits at a regular basis.
If you don't take profits occasionally, it can be easy to be tempted to use all of your funds on an exchange - which could end up very bad on leverage. Preserve your profits - if you get them.
|
|
|
|
|
Certainly some altcoins will bleed out and die over time, while others that are sound projects are likely to survive and even thrive. It is very important to identify projects that are still active.
Many bots trade on TA alone, and even dead coins could still get traded and not become worthless as long as bots are still trading them, although I would imagine they would be much less likely to pump to large degrees as other coins would.
|
|
|
|
I have found the best way for people new to blockchain to learn blockchain basics is to show them illustrations that represent what is being explained. There are a lot of great YouTube videos out there with great animation that make understanding the basics of blockchain very simple. A video like this https://www.youtube.com/watch?v=SSo_EIwHSd4 does a lot to help those who have no idea what blockchain is and does a great job explaining things in a way that is relatively easy to understand. |
|
|
|
Surprisingly, Till now nobody has given you the option of Lending. Just follow the rule of collateral and make sure somebody do not transfer you fake/low volume token. I guess you will be fine. I was hoping someone would mention it. Lending can be risky if you aren't using a reputable provider, but can create a continuous flow of Bitcoin back to your account. One exchange you can look at to learn more about lending is Poloniex. The way it operates is very straight forward. You can take a look at it here: https://poloniex.com/lending#BTCThose offering their coins to lend offer them at a certain daily % interest rate, and those wanting to borrow coins offer to take those loans at certain rates. The lending and loaning part offers work like trades on an exchange, and when offers meet/overlap the are executed. When the coins are done being loaned, you are given your % interest based on how long the other party borrowed your coins. |
|
|
|
|
Hard to go wrong with coins that are huge market cap coins that are down 80-90%+ since all time high prices. It is trading, and there is always risk but I like coins that have a large market cap, lots of quality development and have plenty of room to grow.
|
|
|
|
|
The best way to grow any social media is to build value in your project. You can get people to join your social media, but they won't stay around if there isn't any ongoing value that they receive.
I have built a YouTube channel to over 1k subscribers by myself without any promotions or marketing in a very niche market by being super honest, open and giving people value straight up. I interact with and keeping giving value to those subscribers, and the channel keeps growing.
There are quick ways to buy a social media following, but they are empty - giving you almost no value back other than an appearance that you are something you are not.
|
|
|
|
|
Thanks for sharing, that channel looks very professional. I am already interested in the content because the first video I saw was "Traders Who Code", which is what I am. Actually, I guess you could say I am more of a programmer who trades. There is a lot to learn from those who start on either side. I've talked to many traders who wanted to code, and many coders who wanted to trade and I think most can agree there is a pretty good learning curve from both directions.
|
|
|
|
|
I think it would help if you could post a screenshot of your issue. I understand it is blurry to you, but I'm not sure what could be causing it. A screenshot could possibly provide the users on the forum here with a lot more context to the problem and allow them to help you better.
|
|
|
|
|
You can always teach yourself, but a mentor can teach you the lessons they have learned that you won't find in online resources. If you can find someone to take you under your wing that would be great.
Another idea is to join online communities (such as this) that are dedicated to trading and sharing information. I would recommend looking into live chat platforms where people are sharing information constantly. There is a lot of noise, but if you know who and what to filter out there are a lot of great traders out there giving away tons of information for free - you just have to know how to find it.
Best of luck!
|
|
|
|
|
That is really great news about the Binance listing. I keep hearing a lot of things about this project in different mediums that obviously aren't from people shilling, which makes me like it much more.
|
|
|
|
|
I doubt the #2 coin based on market cap will vanish any time soon. There would have to be a monumental failure for such a thing to occur. Even then, it is likely to have code forked and altered from a state from before, giving it continued life.
|
|
|
|
I have set the weekly target of 2% profit on the capital amount which is quite easy knowing that BTC swings about 2% on a daily basis and hence it would be an easy target to achieve.
I am achieving the target but as the recent dip was a big one, it took away all the profit I made. So is a stoploss worth a try so that such big dips don't take away the rest of the profit I make ? Should I consider placing a stoploss for such a small target ?
If you aren't comfortable with the price dropping so much then yes you should use a stop loss. If you are willing to hold bags and wait things out that is fine as well, depends on your trading style. However, if you want to trade more often in order to try and capture more profits you will want to use a stop loss so your money isn't tied up in positions that are losing. |
|
|
|
|
Using leverage is just another way to require you to learn risk management.
Using a large amount of your capital in a normal long position is a large risk, the same as using a very small amount of your capital at very high leverage is a large risk as well. Let me explain:
Use 50% of your capital on one long position. If the price drops 10%, you lose 5% of your entire capital.
If you use 10x leverage on 10% of your capital and the price drops ~10% you lose all 10% of the capital you risked by getting your position liquidated.
Using this example, you can see just how risky using large leverage can be. The higher the leverage the more risky it is obviously. Having 100-500x leverage is incredibly dangerous as even the smallest moves against your position can get you liquidated.
|
|
|
|
Hello! Im a daytrader and im sending a lot of bitcoin around on a daily basis from coinbase pro. As you can imagine in the world of trading any assets, time is money and speed is key. Im always sending to and from segwit wallets but the transaction time is still way to slow sometimes. Most of my transactions are sent from coinbase pro to another segwit wallet , and as far as i know coinbase pro does not let you set the fee manually so i cant speed up the transaction this way unfortunately. I was wondering if anybody know any tips and tricks on how to speed up transactions from coinbase pro? Ive read about "transaction accelerators" but ive never tried it, anybody with good experience from using a service like this? Or any other method for speeding up transactions from coinbase pro or other wallets where you can not set the fee manually? Would you be able to mine your own bitcoin transactions to speed them up if you have your own mining equipment, like for say a antminer S9? Or is there any service provided by mining pools for this purpose? Thank you for your time!  I would say you are unlikely to be able to do much. Transaction accelerators appear to just increase the likely hood of your transaction being included in their next mining block - which isn't guaranteed to happen depending on which accelerator you use since blocks are mined by different pools. If you are a "VIP" or pushing a ton of volume you may try requesting assistance from Coinbase themselves, although I would expect that to be very unlikely. If you are moving Bitcoin from one exchange to another, you may want to consider using one of the other coins that they offer to transfer funds to another exchange as they can have quicker block times and confirmation counts. Although, this does put your funds at risk to price changes from one destination to the next, it would make things happen quicker as you would just convert back to BTC at your destination. |
|
|
|
I think 6360 is a little high based on my lines. I'm looking more toward 6240 if it were to be today. That being said - I don't think there is a good position to be had at the current price and would rather wait until resistance at around 7k and slightly above to consider a short, or back to that support line at 6240 for a long. The support that is being referenced has been hit over and over again as volume has been decreasing. Whenever the volume comes it will be interesting to see which side it favors.  |
|
|
|
|
