those exchanges volume numbers you are referring to are artificially pumped by the very same exchanges trading on their own venues
they can't be taken as a serious indicator to measure the cryptonomy health
The worse thing for me here is that this wash trading is even known, and exchanges in general haven't really denied it, nor are they trying to stop it, since for them, they collect commissions on both ways of wash trading. In fact, with those new exchanges giving trans mining fees, this behavior is now apparently even more encouraged. So we're seeing a lot of fake volumes on these CEXs. So correct, can be taken as indicators, but assume a big portion of it is fake from wash trading. They would not stop it since there is no law in place to actually make that happen and I won't be surprised if the exchanges themselves are not even the major culprit in all these. Exchanges are trying as much as possible to keep gaining recognition with volume, and since this is a space with no regulation at all, this is something that we obviously will get to keep seeing for now. It is even a lot worst with some smaller exchanges, as they obviously will want to stay on the top list of exchanges anyway, but I want to see how far that would go in the long run. |
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I like to day trading. Maximum time I like to trade on Idex. Idex is low quality but cool exchange site. There are maximum number of people doing trade on binance. Now my question is Which is Best exchange for Day/Short term trading?
Whatever trading platform you are making use of or whatever style of trading you have decided to choose, I believe one of the major things you need is liquidity which is one of the things that is always hard to find with decentralized exchanges and the decentralized exchanges we have now pretty much restricts you to only the trading of ERC20 tokens, so what is the point really? If you want to enjoy trading, either intraday, short term, long term, or whatever, to me, the centralized exchange is still the best bet for now and in that case, when it comes to other interesting features, i will always be going for binance. |
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Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?
Well I've been in the market for more than a year so I'm no longer bothered by this fake news. Well there are investors specially newbies who are still affected though, sad to say so yes, it may severely impacted the price of certain coins like bitcoin. So its a very expensive lessons to believed on those kind of fake or fud going around here in the forum and the social medias. One thing when it comes to news is never to be in a haste to act on it, but make sure you are at least able to do some quick digging on how relevant and truthful the news is. However, I have really seen this space as a space that is actually not being moved by news anymore, and for now, I would rather be more focused on price actions than to be using the news as a foot stool when it comes to making market and investment decisions. Nonetheless, news is still a very valuable part of the market, but it is always better to verify them first before even believing in the news in the first place. |
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What is the $ equivalent of your average ICO investment?  I participate in public sale, so every time my investment cant be more than 5 ETH, and I usually use 20% of my assets to invest in ICO. By 2017 I have made a lot of money from investing in the ICO, but in 2018 I still have not found any ICO that can make me profitable Depends on the minimum as well. I do not invest in anything that requires at least 100 dollars to invest even though I invest at least 100 dollars to it. If you are making your ICO open to people who can spend 100 dollars into an ICO and close to others than I am not interested in it. However if there is no minimum at all or very low amount than I usually invest 100 dollars to each. 100 dollars is a perfect amount to invest into something risky like ICO, you are basically saying if it goes away than yeah I will be sad but my life won't change but if it goes x100 from the investment than its 10 thousand dollars made from one investment. That way I am not risking anything big and can invest into 10+ different ICO hoping just even one of them getting big would change my life. |
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Buying of coins is very easy. Anybody can buy and claim to be a trader. But the real issue is when to sell. When is the right time to sell after buying a coin? Sometimes you can be on profit and you will be tempted to leave your trade open for more profit and that's where the problem comes in. Once you are profit, sell off. Better with little gain than nothing a all. Don't be greedy when trading.
It isn't a problem. Greed can be cured. Obviously, you buy low and sell high, if it's done correctly there is no problem taking place. If (while already in profits) people leave a trade open with the hope to earn a few more percentages but finally didn't. It just a bad trade. Doing it repeatedly make you a bad trader  The easiest way greed can even be cured is when you have the knowledge and you know how to manage yourself well in the space, considering the fact that there is absolutely no way you can deal with your own emotions in the market when you do not even have a strategy in the first place. When to sell, is always dependent on that strategy and how well you are able to execute them without any emotional attachment which greed could end up being one of those emotional attachments. What generally makes you a bad trader is trying to not let your plans work it out, but you just keep drifting over and over. |
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I think that there will still be a big increase at the end of this year and the beginning of 2019. you just have to wait
I won't actually want to put too much mind on the possibility of a huge move upwards before the end of the year. Sure, the optimism in the market has been growing stronger for a while now and there is actually a lot to look out for when it comes to the value of the market increasing gradually. There is a likelihood we might see a bull run for most of the altcoins before the end of the year, but in every case, we still have to consider the fact that this is something that will still have a lot to do with the movement of bitcoin as the case may be. However, things get to turn out though, I guess we will just have to wait and see. |
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Bitcoin get great achievement in 10 years. From zero value and the price right now $6400. I think bitcoin always attractive investment. I think bitcoin price right now attracting more investor because they believe the potential of bitcoin
Even if the prices are not high now and we have experienced a huge downtrend for most parts of the year 2018, that does not mean the market would be like this forever. We have to understand that in as much as this is something a lot of people who bought at the peak may not like, it is a normal and healthy thing to happen in any market, and considering that this is a very new market, it is usually bound to happen like this. Nonetheless, we also have to understand as well that, as time goes on, the market will most definitely start testing new heights, there will be more development, and investors who are real believers in the long term will certainly be reaping the benefits. |
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No, gambling is about how much capital we carry to be able to survive long in the round of the game and wait for the mistakes of other players, and about luck. there is no specific theory in gambling, that is my experience.
Regardless of the bankroll or capital you have, yes you need to survive as you gamble in the long run. Having said with luck, it does depend on the gambler and on how it should come to him and that's off with whether its hard work or not. It would majorly be luck factor that would determine if you end up winning or losing the money in gambling as few games are their where your strategy and experience would come in picture and rest it would be luck that plays a vital role. So may be smart work is what that would count in the end . Of course, everything about gambling is all about the luck and there is absolutely no way you will not get burned if you drift away from that luck mentality and not pay too much attention to it, while thinking luck will always run in your favor all the time. Hard work is something that would work in normal life activities like the job you are doing and being recognized for a promotion or in your business and thriving based on the fact that you work hard to make something out of it, but when it comes to gambling, it is all about luck and nothing else. |
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I have been living a very difficult life because of the hardships drop on the bitcoin created for me.
I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course. You know the perspective a lot of people tend to place on things may always get to be different and really, I wonder why someone who has actually been here through the previous thick and thins, the growth presently even at the current drop would really be having issues with now. One thing I guess for sure, is either such a person has been living through the same level of thought, and then doing the same thing through all these years and expecting different results, which will sound strange to me, or the person has just decided to choose one difficult life for himself. Nonetheless, like you said, none of our businesses  |
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Well, the stability kinda bores people cause the possibility of earning easy money wouldn't be so available now. You can just invest and profit like the normal fiat coins through bank. So, the interest has stooped low.
Well, there is no doubt that the stability can actually be a bit boring, most especially for traders, and the thing is that a lot of traders actually tend to take advantage of the huge fluctuations, so when we have less of that, there is always a possibility to see people getting bored. However, I am sure that in some times before the end of the year, we will actually start seeing some market movement and the volatility setting in all over again. It is not a strange thing, and it has happened before, which even occurred for a very long time, so I would not consider it strange at all. |
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There are many ICO scam and I also participated in some of them. They are getting too much and they're damaging the image of the industry. I think we need the overhauling of the entire system and get rid of all these scammers in oder to make the industry competitive again.
Investing in scam projects is not the space's fault, it is an individual thing. Open your house to thieves when you have a lot of gold as ornament designs in your living room, and let's see if they won't take the pleasure to screw you over and take everything. Scammers are there, and they are even in the real world, but the question is what you do to be able to identify them. If you do not have the knowledge for an investor to be able to do that, then you should not be investing at all until you do and even if at all you get to do so and get screwed, then blame yourself. I have been investing in ICOs since last year, and I have never for once been a victim of scam. |
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Money laundering is a multi-bank phenomenon. Danske Bank Estonia has been revealed as the hub of a $234bn money laundering scheme involving Russian and Eastern European customers. But Danske Bank Estonia couldn’t do this by itself. Much of the money was paid in U.S. dollars, and for that, it needed help from other banks. Banks that had access to Fedwire, the Federal Reserve's electronic settlement system. Big banks, in other words. The entrance to Danske Bank's headquarter at Holmens Kanal in Copenhagen, Denmark. Danske Bank admits that it has been used to launder money from companies related to Russia. Transactions valued at $234 billion flowed through its small branch in Estonia between 2007 and 2015, a large part of which are believed to have been illicit. (Photo by Ole Jensen/Getty Images) It appears that four big banks helped Danske Bank Estonia make its dodgy transactions. J.P. Morgan, Bank of America and Deutsche Bank AG all made dollar transfers on behalf of the Estonian branch’s non-resident customers. And according to the Wall Street Journal, Citigroup’s Moscow branch may have been involved in some financial transfers in and out of Danske Bank Estonia. But how much responsibility do these banks bear for these transfers? Could they reasonably have been expected to know – or suspect - that the money was dirty? Banks that make transactions on behalf of other banks are known as “correspondent banks”. In the past, correspondent banks often had little information about the originator or final recipient of the money they were transmitting. They simply trusted that their customer bank was acting legally and that its customers were above board. Old habits die very hard: in 2016, the correspondent banks involved in the FIFA corruption case, which include Citigroup, HSBC, Wells Fargo and Barclays, all claimed that they could not have known that the transfers were corrupt.
But these days, banks are expected to “know their customers’ customers”. They are supposed to conduct their own checks to make sure that they are not unwittingly being used to launder dirty money.In the case of Danske Bank Estonia, one of the correspondent banks did suspect something was wrong. In 2013, J.P. Morgan terminated its correspondent banking relationship with Danske Bank Estonia because it was concerned that it was being used as a conduit for dodgy funds. Deutsche Bank, however, blithely continued to make U.S. dollar wire transfers on behalf of the Estonia branch’s non-resident customers after J.P. Morgan's departure. So did Bank of America, which replaced J.P. Morgan. From 2014 onward, according to Bloomberg, Deutsche Bank started refusing to make transfers that looked particularly dodgy. But the transaction flow did not fall off dramatically until 2015, when Bank of America and Deutsche Bank both terminated their correspondent bank relationships with Danske Bank Estonia - Bank of America in May, and Deutsche Bank in September. A report from the Danish Financial Supervisory Authority (FSA) – Danske Bank’s regulator – says that an employee at one of these banks warned about the Estonian branch’s suspicious customers: In that connection, a senior employee from the correspondent bank in question assessed that out of ten non-resident customers from the Estonian branch, the correspondent bank would be comfortable only with servicing one given the customers’ characteristics. The employee also warned Danske Bank against Moldovan customers and customers transferring money to Moldova. According to the Financial Times, this was a Deutsche Bank employee. But if Deutsche Bank employees were so aware of the suspicious nature of Danske Bank Estonia’s customers and the dodgy nature of some of the money flows, why didn't Deutsche Bank follow J.P. Morgan's example in 2013? Why was it the last to terminate its correspondent bank relationship? At that time, Deutsche Bank was happily doing a spot of Russian money laundering itself – the “mirror trades” through its Moscow branch for which it last year paid fines totaling $630m to U.S. and U.K. regulators. I suppose it is entirely understandable that a bank that was actively laundering money for its own customers might be little concerned about money laundering by one of its customer banks. But this raises serious concerns about the adequacy of Deutsche Bank's AML processes - concerns that, as we shall see, refuse to go away. The U.S. regulators are already sniffing round Danske Bank. If the FIFA investigation is anything to go by, their interest will not be limited to the Danish bank. They will also want to know what the correspondent banks thought they were doing. Deutsche Bank was the only correspondent bank to stay with Danske Bank Estonia throughout the period of its known money laundering, and it apparently continued the relationship despite knowing that the Estonian branch’s customers and transactions were suspicious. U.S. regulators might take a dim view of Deutsche’s behavior, especially given the $41m fine it was handed by the Federal Reserve in May 2017 for inadequate AML controls, and the “Problem Bank” designation awarded to its American subsidiary by FDIC. It seems that BaFIN, the German regulator, thinks so too. Two days after Danske Bank released a report revealing the mammoth scale of its Estonian branch’s money laundering activities, BaFIN reprimanded Deutsche Bank for inadequate AML processes, and imposed an external supervisor to ensure it improved them. The notice on BaFIN’s website is short and to the point: On 21 September 2018, in order to prevent money laundering and terrorist financing, BaFin ordered that Deutsche Bank AG take appropriate internal safeguards and comply with general due diligence obligations. The issued order is based on section 51 (2) sentence 1 of the German Money Laundering Act (Geldwäschegesetz – GwG). To monitor the implementation of the ordered measures, BaFin has appointed a special representative in accordance with section 45c (1) in conjunction with section 45c (2) no. 6 of the German Banking Act(Kreditwesengesetz – KWG). The special representative is to report on and assess the progress of the implementation. Ostensibly, this follows on from Deutsche Bank’s admission in August 2018 that its AML processes were patchy to say the least. But the timing is exquisite. Could BaFIN be warning off the U.S. regulators? “This baby is ours. We will deal with it.” Whether or not BaFIN’s reprimand is directly connected with the money laundering revelations, the fact remains that Deutsche Bank has some serious questions to answer regarding its conduct during the period of its correspondent relationship with Danske Bank Estonia. And so too do the other banks involved. Although their correspondent relationships were of shorter duration, both J.P. Morgan and Bank of America helped to facilitate the enormous dollar flows in and out of Danske Bank Estonia. And although the exact role of Citigroup’s Moscow branch is as yet unclear, the little we know about it sounds suspiciously like Deutsche Bank’s “mirror trades”. Investigations into the Estonian money laundering scandal are only just beginning. There is much, much more still to be uncovered. But already, an all-too-familiar familiar name has emerged. Funny, isn’t it, how whenever there is some shady activity going on, Deutsche Bank is never far away? https://www.forbes.com/sites/francescoppola/2018/09/30/the-banks-that-helped-danske-bank-estonia-launder-russian-money/.... Allegedly four major banks are complicit in $234 billion dolllars laundered for suspect russians. Guilty parties would appear to be JP Morgan, Bank of America, Deutsch Bank and Citigroup. Post the above link the next time someone complains about crypto currencies being used to "launder" money.  Russia may have used the laundered capital to circumvent sanctions imposed upon it by the EU. When banks provide this type of service for a country, they usually demand something in return in the form of political favors. This could allow them to gain leverage over leaders like Putin who would normally be more independent from banking systems. This could have many far reaching implications(that will go neglected and unsaid), tbh I'm no expert. edit: Fixed the source link. J.P Morgan again on the news for some fraudulent activities. Hypocrites! I think it is high time people started knowing that the same set of people that call this space a scam, being used for fraudulent activities are actually the main culprits themselves even in the real fiat based world. It is just funny that in the next few years, all this would become a thing of the past, everyone will forget about it, and then they keep doing whatever they like and at the end, have the guts to even come condemn another form of currency publicly. They have no shame at all, and most especially for JP Morgan. |
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Did you forget about first bullish run that happened in december 2017 ?
We are very close to $10k, even it is possible in bitcoin to jump overnight within last 24 hours of this year from $7k-$10k.
Just keep holding and see what compliments has 2018 come up for us
Yeah, the main thing is to just keep holding and if there is a chance to buy now, buy more, and even if it goes lower, then even buy as much as you can because one way or the other, even if we do not get to see a huge growth this year, we would get to see it at some point next year or the next one or for as long as it takes. This space is developing every single day and I am pretty sure a lot of people understand that the future is what matters a lot, and as long as they are taking advantage of the opportunities they have now, they would not even regret it in the long run. In that case, no one will be bothered if bitcoin reaches $10k or not as long term is what they would be after. |
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Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market. Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.
It is hard to make money in a bear market but as long as you are able to discipline yourself, I guess it is not that hard. It requires a lot of knowledge and discipline but I can say there is no doubt that I have been making some little profit in this market even with its bearish condition. Once you have a strategy to play with and you stick with it without any form of emotion, it would always be an easy thing to achieve. However, it depends on the market you are trading as a sane person should not even be considering trading altcoins at the moment or too many of them, based on how volatile they can get, I would rather stick with trading bitcoin for the mean time and making money from the fluctuations. |
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So what made you think that creating your own shit coin will give you profit and neither investing on icos. I heard creating an erc20 based token is somehow easy especially if you're an IT and maybe this is why we have sea of shitcoins on dex.
I suggest to put your money and time on those established coins like bitcoin and eth and you can sleep soundly.
Obviously, that is the reason we have shit loads of them as a lot of people are only just looking for a way to make themselves richer, but the thing right now is that a lot of investors have really become so wise enough to be able to detect bullshit and you would only end up frustrated when you are trying to pitch an idea to investors without at least having a good solid product, a fantastic real team that can do the job and a lovely and enticing business solution, not to talk of promotion. All those things are not small to do, but best bet, investment is for everyone and those who cannot come up with a great idea instead of polluting the space should just invest in one. |
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I'm still not sure the market will dump even $ 3000 quickly because the market is still in a bumpy state and the bull can come and ... ? Trust me; I would not believe anything at this stage until I see the market clearly break out. I am actually very optimistic myself with the whole market actually channeling towards the bull side but as long as we are still moving sideways, which shows apparently the bulls are trying to make a statement as well as the bears, market can move to any direction. Nonetheless, however the market comes; either north or south, at the end the opportunity will still be there. If it goes down, we buy more, and if it goes up, it is all good as well. At this point, all we can just do is to be patient. |
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I choose bitcoin my priorities among us
According from the news i heard bitcoin stable at 6600$
But i don't know when bitcon price stay i believe bitcoin rebond again in the near future
My second choose i ripple because i believe the thought of the CEO dreams for xrp
I think there are couple of them that looks promising. Sys could get a lot more expensive, it did had a pump couple months ago I do not remember when and it was doing so well and it dropped back, I think such a coin with a great masternode opportunity will get a lot of gains when the bull comes or even before that as a pump. I think xvg could go anywhere, I am not too sure about its team but having those deals with the porn companies made them valuable. I always talk about how I love spectre and nano as well. I think right now gvt is moving greatly and I wish I was invested in that two weeks ago, right now it looks like it reached its pump but still go above. |
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yes of course this time is the right time for investment because the conditions of bitcoin and some other cryptocurrency prices are so cheap that you can invest in ico using your assets to buy at cheap prices and can get lots of tokens from ico.
It depends on the coin. Just because we are in a bear market and the prices of the tokens do not get bigger doesn't mean I would not invest. Of course I have less money to invest however if I am going to invest into a ICO that means I have already taken care of the investigation I always do. If I like the team, the owners, the developers, the community, the features and all of that, than there is no reason for me to not invest into an ICO even if the price is low. Nano is one of the top coins I love and it droped like %98 in price or something and I was sad about it but I just bought a lot more of it and dropped the average. |
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Pundi X (NPXS) is performing very well last few weeks.
Is Pundi X (NPXS) will be the next next 50x?
what do you thinking?
well. it is very possible because pundi x is one of the projects that have a real product. there are so many crap projects around with no product, no any solution for anything but their marketcap and price is much higher comparing with pundi. Absolutely, and not just a real product, but a great team, as well as a very great community and all these things are the things to usually look at when it comes to investing in a project and then looking at the long term opportunities. I so much believe that PundiX will eventually have a very good growth in the long run and I must say judging from the way things are, this would actually be a very good time to be picking up this project in its dip. What is important is to just understand the future is there and you are looking forward to being a part of it without bothering about the short term. |
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Goldman Sachs Launches US Dollar Coin (Fedcoin). Goldman Sachs startup Circle, the Boston-based crypto finance company, has gone live with its stablecoin called the US Dollar Coin, or USDC. This is the first cryptocurrency released by a major financial institution.
in order to avoid instability and inflation inherent to other unregulated cryptocurrencies, the value of the USDC will be tied to the dollar, according to CNBC. “It unlocks an incredible amount of power for the dollar,” said Jeremy Allaire, CEO of Circle. “It’s basically a dollar that operates on the (Ethereum) blockchain.” “Ethereum is the best bet but it’s not necessarily the end game,” he said. “For now it’s specifically on Ethereum.” The USDC will be regulated as a registered Money Services Business under U.S. money transmission laws, and as a virtual currency, it will be regulated under its New York BitLicense. Furthermore, the company said it will hold deposits on a 1:1 basis in accounts that would be audited on a monthly basis. Each entity that wishes to enroll and issue USDC is held to the same regulatory-compliant standards. Circle has said that the USDC will initially be available on its native trading platforms like the Circle Trade and Circle’s Poloniex exchange, and later available on other platforms like KuCoin, OKCoin, CoinEx, and others. https://perc360.com/goldman-sachs-launches-us-dollar-coin-fedcoin-coinbase-to-become-the-crypto-regulatory-agency/This is a great step. A stable coin , with far more credibility than tether. Stable coins are like security debt. It's a loan. You give one dollar for each coin , and the company promises to buy back that coin for 1 usd. Goldman Sachs is a much safer option than tether. They have more money, and better conditions to pay back those loans. Certainly this is a good news for crypto, and bad news for tether I do feel like this is a major step point considering goldman sachs is a major major financial player in the game however lets not overreact. The company that started the usdc is circle and not goldman sachs, yes goldman sachs do own the company circle but not every single step of the way goldman sachs is with them and follow them and allow them to do something or do not let them do something, in general it is a seperate company in most decisions. Also this is just simple usdt copy and not a true coin in itself neither, it is just there so that you can turn your money to dollar and back to crypto quicker instead of working for it harder. |
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