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81  Alternate cryptocurrencies / Altcoin Discussion / Re: centralized exchanges dipping into dex liquidity pools on: September 10, 2020, 09:22:41 AM
Would such a thing be possible? I know a lot of exchanges have holdings in each other's wallets. For example, Bittrex could have a store of LINK on Kucoin.

Wouldn't it make sense for centralized exchanges to utilize staking pools to increase their liquidity?

I'm a novice at understanding these technologies so I might be off here in terms of the viability of such a transaction.

I know what you're saying on the surface without thinking of the technical details sounds sensible but there are always risks.
To elaborate on this regarding pool staking, well, here you provide your asset to the pool for a fraction of the conversion fees associated with the trades of that pool.

The matter is in fact not so simple as these pools are not so well regulated, there is little transparency about how they operate and there's the general risk of these staking pools not being run professionally - so security is seriously lacking which is the main risk.

Can read more about the topic here.
82  Alternate cryptocurrencies / Altcoin Discussion / Re: A project to help make Ethereum the number one cryptocurrency. on: September 09, 2020, 10:17:09 PM
Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.

Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been.

I understand the point you are making, and I agree that investors and lenders in a way thrive from volatility, it is the bread and butter to making profit. Similarly, there will be no room for further discussion for any platform where security isn't in place - that must come as top priority.

Would ETH be able to rise against its predecessor BTC? Well, I think this depends on how well DeFi will do and how high smart contracts can take this. However, one possible roadblock to this is the huge fees... I think this is the grey area most people are concerned with regarding ETH
83  Economy / Trading Discussion / Re: Is the crypto market saturated? on: September 09, 2020, 08:18:22 PM
To be as clear as possible and answer your question, in my opinion based on the market movements, the market is far from being saturated!

The reason being that there are way too many projects and coins most of which don't hold any real value but they exist anyway. This fact alone is verified by the new and uprising field of DeFi projects, and further project developments in this area will tell you that there's much room for valuable coins with a real use. The same argument goes for the rest of the crypto market, where you can still enter, add value or risk by investing in the countless of projects available.
84  Economy / Trading Discussion / Re: Too much HODLing stealing opportunities? on: September 08, 2020, 06:04:03 PM
Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Yeah this is true and the problem here is most newbies in the market who have these kinds of situation where they can profit from it are almost always don't know what to do with it. I don't know if they are striving for a more bigger price or they just waiting for something but generally they are just relax while the price is climbing as they think it won't stop going up. But all of this would change once they see that big long red candle and everyone is starting to panic. That's how majority of  the new traders act, they lack the ability to push that sell button and just continue to hodl it.

I think this is something that each and every individual needs to decide for themselves irrespective of whether they're a new or not to trading. And a way to do exactly this and avoid not selling when you're in good profit is to predetermine a x% profit. Only then you can avoid not beating yourself up after your potential profit is long gone. Like I mentioned, this is a lesson for both new and old
85  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust Active telegram Groups? on: September 08, 2020, 04:25:32 PM
Hi all , I'm a newbie in bitcointalk but not in Crypto field. I have about 6 Years of experience about this field.

As an Investor , Still i have a doubt with some active telegram groups. I have analysed so many projects and Most successful projects had an Active telegram Group.

So far I have analyzed 500+ projects before investment 

My analysis Results are here

A)  9%      successful projects with an Active telegram group
B)  6%      unsuccessful projects with an Active telegram group
C)  25%    unsuccessful projects
D)  60%    scam projects

But Now I have decided to invest for a projects having an Active Telegram group , But tell me your openion about these type of projects.
Project name --  Xfinance

Is it belongs to Which one ?[ A or B  Huh?]




I don't trust telegram groups because it's easy to add people in the telegram all they have to do is to run a bounty campaign and obliged bounty hunters to join their telegram group, and there are members here who offer services to developers who want to add people in his group, I trust projects who open a thread here so people can check if the project is legit but on telegram they can delete people who question their project.

I agree with the above that there are many Telegram groups who even get paid members just to add numbers to their own channels.

As such, I do not think there's a 100% positive correlation between the number of members, activity level and the project success, so while I appreciate the numbers given there's no certainty but leaving numbers and maths aside there's some tendency that the more active the channel though this activity coming from group members rather than OPs.
86  Economy / Trading Discussion / Re: What's your trading strategy? on: September 08, 2020, 11:43:48 AM
for now it's just waiting the entire time
Haahhaha, that's exactly what I'm doing. My rationale behind this is that with time the markets will pick up again and it is no point in stressing too much out about the current situation. To be fair, I did go in with the intention for long-term holding, so can't really complain much.

The other bit that I'm using during trading is stop-loss, something to consider yourself in case you've never used it.
87  Alternate cryptocurrencies / Altcoin Discussion / Re: Yearn Finance and Bitcoin on: September 08, 2020, 10:18:43 AM
Yearn Finance is introducing a vault part of the ecosystem and I just bought some on Huobi.com.

People say that Bitcoin should increase the protocol to include a yield like staking.

Over 20,000 on the market right now..... is YFI the new Bitcoin?
https://www.huobi.com/en-us/exchange/yfi_usdt/
Sooner or later that Yearn decentralized finance will collapse, what has been gain overnight may loose overnight. Coders are creating that key mechanism just to trick users and gain a quick profit, DeFi like that should be in investor based games section.

I sense so much skepticism in your reply that I felt compelled to comment. Whether you think sooner or later something might happen doesn't make it any likely that it may happen or vice versa.

And if you always have that attitude to something that it 'may' go up then down then you're not giving yourself a chance to rise above the norm and take a risk.... While risk taking is an individual choice, many would just live in the moment rather than pondering on about what might happen.
88  Bitcoin / Bitcoin Discussion / Re: Money from bank hacks rarely gets laundered through cryptocurrencies on: September 08, 2020, 09:16:42 AM
https://www.zdnet.com/article/money-from-bank-hacks-rarely-gets-laundered-through-cryptocurrencies/

And maybe anti crypto should read this because this is the first argument that they are going to throw at you when you have a good discussions/debates with them. At least in my case, this is their main argument when I got the chance to talk to people here about crypto, specially bitcoin.

It really is ironic, and you're not the only one who gets the same dumbed up response that crypto and BTC allow for much easier access to money laundering. In light of this evidence, I'm certain that if this fact was to be thrown in these people's faces that they still would not consider it and keep to their own derived conspiracy.

In any case, it is great that this information is now available, as this argument can be used on people who still have some common sense left.
89  Economy / Trading Discussion / Re: What the heck is happening to bitcoin! on: September 07, 2020, 08:59:18 PM
Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?
I think wait for longer time wouldn't affect for long term holder. I mean maybe see a lot of responses from people, if you really long term holder, maybe wouldn't ask and worry about your investment because long term holder will keep wait until they think their investment is gain a profit. But that is only my opinion.

And being a long term holder gives you the idea of keep buying those cheap coins as the opportunities to sell it in a much better price bring more decent profits right.
Thinking about the current downfall. there are always factors that affects the behaviors of the market
and part of that are the whales who are really good in making situations, be precise with your chosen
strategy, if you are aiming to hold long then keep it that way.

What's happening to BTC right now is the question that goes through most of our minds! Some think it is just the normal correction and dare I mention that some speculate this is the new contraction for BTC and crypto alike.

Myself, tend to be more optimistic and think that this is a normal market response given the previous slow inflation. It is annoying as a long term holder but as @Fredomago suggests this might just be the best time for people looking for long-term crypto investment. So seise the opportunity while you can!
90  Bitcoin / Bitcoin Discussion / Re: Bitcoin in a good shape? on: September 07, 2020, 07:42:02 PM
Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

Two years ago  Shocked Dude I do not know how you managed to remain ignorant of all that's happened in the last 2 years because a lot of crazy stuff happened. In any case, BTC compared to 2 years ago is now in somewhat a better place. I say this because of the many projects that have span off since then and the new birth of DeFI.

Nonetheless, right now there might be signs of uncertainty in the market where the crypto market is undergoing another price correction and because of this there' s some uncertainty about its immediate future.  Though, this is part of the normal transition - at least that's what most hope...
91  Bitcoin / Bitcoin Discussion / Re: Reminder Everyone: If You Don't Have The Keys, Then It's Not Your Crypto on: September 07, 2020, 01:56:16 PM
I understand that you might not want to disclose the details about which exchange you was using but unfortunately for all of us here this is a crucial information, so maybe in the future if you're not too worried about the details share them.

As for your money have gone missing, this is weird and if you're new to crypto might I suggest the possibility of you having used a stop-loss feature to buy in or something which might have resulted in your money going missing? To be honest, this can happen to anyone so best to check all possibilities and for the future remember to always keep your guard up.
92  Economy / Trading Discussion / Re: Trading without setting stop loss (Risky or Not)? on: September 06, 2020, 09:14:18 PM
I suppose whether you treat stop-loss as risky or not depends on your degree of adversity. You need to be prepared for the sudden market volatility which might either enlist you in a market or push you out of the market, depending on the type of stop loss. In any case, if you're relaxed about your investments and can sleep at night then I would suggest you could skip it. Otherwise, if you're not giving yourself much room to play with I'd recommend the stop-loss option.

All in all, stop-loss is great feature that can either save or lose you money, it is about how and when you use it
93  Alternate cryptocurrencies / Altcoin Discussion / Re: Can I go into this crypto???? on: September 06, 2020, 06:19:40 PM
I've heard people talking about other Cryptocurrency and even I've known alot about some of them, I've made careful research about some I'm even yet to know about, but I've not seen too may people talking about Pinkoin and I'm about to join that, please can you share with me your views, I need to have good understanding of it before I go on. Thanks so much 🙏
The best way to find out about any coin/token that is relatively new to the market is via Telegram groups. There you can ask all kinds of questions and you have a whole team at your disposal. In addition to this, there should be a whitepaper which described a lot about what the value of the coin/token. Some already have websites.
94  Economy / Gambling / Re: 🍀DAILY $ GIVEAWAY🍀BetHash.io🍀 | $500 WEEKLY RACE |💰Lottery 🎲Dice 🎰Slots on: September 06, 2020, 04:02:41 PM

tried to sign up for the 100 free spins.  one of the requirement is that you follow their twitter channel and retweet the pinned tweet.    But their twitter account has been suspended.  lmao. 

looks like OP may not be checking this thread, disappointing

If it is true that the twitter account is suspended when you visited it, it is not suspended anymore as you can see http://prntscr.com/uciy26
So kindly check it again and you may try to claim the free spins promo (if it is still available).
OP is still active as his last online was few days ago (Parodium) and BetHash was online yesterday.
Some time representative of a gambling site is not able to reply all post in their own thread due to some reasons. So you need to have more patience.

As @panjul07 suggested sometimes it is difficult for OPs to be checking and be responding to the enquiries right away. However, these issues should be resolved within 24h or so. In any case, you can imagine many people like you trying to get these 100 free spins so maybe when you tried there might have been a glitch or something - this should have been fixed by now. So you should have no issues signing up and claiming the 100 free spins - best of luck!
95  Economy / Trading Discussion / Re: What advice will you give to a beginner trader? on: September 06, 2020, 03:39:47 PM
The advice I gave myself in these 2 weeks is that If any of my coin investment is going low in price, I just need to hold and wait for it to come back at the profit level.

First of all, I think the advice mentioned above is one to try to stick by, specially since the market has become in such a volatile low downtrend, holding is key. Second of all, I see a lot of advice has been given using virtual trading which I personally don't encourage as with trading the real value is that you're playing with real money so your decisions aren't as weighted as they'd otherwise be.

Lastly, try not to get too hung up in the trade analysis charts, yes this is important but it can be daunting for somebody starting anew, just get up to speed one step at a time. Also, don't go with leverage unless you really understand it.
96  Bitcoin / Bitcoin Discussion / Re: Slow adoption and decentralized nature of bitcoin on: September 06, 2020, 09:11:08 AM
Bitcoin has lost its identity, the user only use bitcoin for an income purpose no more than that. They didn't know how to use bitcoin based on its characteristic, they only use bitcoin because there are a lot of people who got rich already in an instant why. Like a few days ago, there is an information who stated that the major company only put their money to support some tool to earn bitcoin like NVIDIA and etc. They didn't interested to accept bitcoin because they still have money to make a transaction or sending money. So, this is pointed out that we just bitcoin to earn money no more than that, I agree if we should have to learn all the thing about bitcoin.

That's the main target of the people since if they didn't go here for profits then what is the use of engaging with bitcoins? For design? or for you not get outdated on the latest technology? The reason why many company didn't accept bitcoin on their payment option is due to volatility,bitcoin is not stable and might they will get bankrupt once the price get dump. Remember there's no always glory days on bitcoin and companies want stability that can sustain their company for long run and bitcoin cannot provide that for now.

I agree there are many obstacles to adoption and these do differ from individual to large corporations. At the individual level I do favour simplicity but at the same time I don't agree that no basics about how BTC or crypto in general works should be skipped. Here it is super important to have people understand the risks associated with this digital currency and put these into perspective.

On the other hand, large corporations would need a much higher understanding of the system, how it works and why the volatility is so high. And in this case, even fully understanding these risks I fail to see many implementing BTC as payment since this would be a long-term financial decision and BTC or similar digital currencies cannot yet provide the level of security required for this type of immersion.
97  Economy / Trading Discussion / Re: ✅Healthy correction will always give you Healthy Bull run. on: September 04, 2020, 06:59:41 PM
🎯Expecting market will not close below $10100, before end of the week.

How did you say so? If anything, $8000 level prices aren't really that unlikely(though I'm definitely not saying it will drop down that low, because no one knows). Significantly bigger levels of price drops(15% or more) aren't really new, and definitely not out of the ordinary.

I couldn't agree more. While it is frustrating for most to see this market downtrend as a somewhat natural correction the situation could get a lot worse. How much worse, you're right we can't really tell but we've seen it doing it before so 8-9k isn't too unrealistic.

The fact that every transaction on ethereum network got so expensive to process is another factor to consider as contributing to the overall 'demise' to the crypto market. So, probably a good time to think about which exchanges you might want to use to cut your losses early.

98  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now the 6th largest world currency on: September 04, 2020, 04:39:55 PM
Circulating Supply

USD - $1.5 Trillion

EUR - $1.38 Trillion

CNY - $1.15 Trillion (8 Trillion CNY Units)

JPY - $1 Trillion (106 Trillion JPY Units)

INR - $425 Billion (31 Trillion INR Units)

BTC - $216.5 Billion (18.48 Million Units at value of $11722)

This data has been made in comparison of the bitcoin market circulation against the M0 money supply of fiat currencies.

What is M0 money supply?

Total value of bank notes, coins, and all substitute that can be converted to cash. The M0 value is commonly termed as narrow money.

Source : Decrypt

Both the information and source of this data are interesting. I'm not sure if BTC has that level of adoption and I'm also not certain how this data was normalised or put together. Without this crucial piece of information the end result is almost irrelevant.

In addition to this, for the sake of the argument and for a split second lets assume that BTC is the 6th currency in circulation, the real question is how long is this going to be valid for. BTC sadly has already shown signs of destabilisation against the recent recovery at circa 12k?
99  Alternate cryptocurrencies / Altcoin Discussion / Re: It is not easy to make money in cryptocurrency on: September 04, 2020, 02:51:05 PM
Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
For somebody starting a new making money in crypto is far from being easy. This is because the technical details you need to know are MANY.

Nonetheless, making money in this manner is not impossible.

In fact the only way is to always ensure you do your due diligence before committing to any type of projects. In this manner you're taking a calculated risk, unlike many who just go with the flow and end up losing money.
100  Bitcoin / Bitcoin Discussion / Re: Other cryptocurrency related alternatives on: September 04, 2020, 08:27:20 AM
Let's not forget that you don't need to do anything special to earn bitcoin. You can pretty much earn bitcoin the same way people earn other currencies: jobs, gigs, businesses, and such.

Also, though you're technically "earning" something through faucets, is it really going to be worth your time?

That's absolutely right. These days you can ear cryptocurrency in ways other than the traditional ones, some of which were mentioned in the initial post.

Many industries now have the option of payment via crypto, these jobs can vary from the crypto space like community manager on Telegram groups to even gardening in some places. So, literally almost any industry can provide you with ways to earn crypto now its a matter as to what you're willing to stake out  Tongue
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