Can someone explain why when depositing Bitcoin to an exchange, it sometimes generates new, but sometimes gives old (user have already deposited there) address? Or creates a different address for each user who deposit? Why not just make a few hundred of address and ask users to deposit only there? Instead, for example Binance, has 15,000,000+ users worldwide. Means exchange manage minimum 15 million address. I understand this is all security measures, but dont understand why manage so many addresses. It is difficult to confirm who made the deposit if each user uses has the same address, so they prefer that each account has its own unique address to deposit so they can easily saw and verified the amount deposited in that exchange . You need to also understand the difference in custodial and non custodial wallet. https://appinventiv.com/blog/custodial-vs-non-custodial-wallets/amp/ |
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Anyone have the idea for the best Crypto to invest in early 2021 for gaining high profit value
If someone know it he will never share it to anyone instead he will accumulate by it self so they can earn more you will only know that when its too late and many peoples is taking Their profit already.
I wish I can help you out but I suggest you start taking risks yourself, you can't get better or know better if you can't make decisions yourself, every failure will be an opening to better understanding about crypto, all you are going to get will be different opinions, both good and bad
Even someone give suggestions he already taking the risk by believing In them. |
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
It is depend on the result . if they win in the SEC case then its possible that we can see XRP to be at 1$ or even much higher because of the hype it will create after .if they lost then the possible price is 0.1 or below in that price . Its not the issue If they are centralized or decentralized coins it is all depend on the news that can affect the price of it the day the news is publish. |
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It's either Elon's twitter account has been hacked again or another edited image circulating around social media.
Its edited ,I saw that in Facebook and I check elon's twitter the same day and no mention of that fake giveaway.they use that edited tweet to promote in other hacked twitter account and saying they receive it. so other people that following those hacked account will believe that its real giveaway which in reality its not and only want to stole other peoples bitcoins. BTW elons tweet edited the same day he mention doge on his tweet. |
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I'm not sure if Robinhood allows users to withdraw cryptocurrencies from their accounts, but you can do it the classic way. Sell all your holdings on Robinhood, transfer them to your bank account, then to an exchange, buy Bitcoin and then transfer them back to your personal wallet - preferably a cold one if you plan to hodl for long-term.
This is the right answer OP. But to what wallet you should use its all depend on you, can buy ledger wallet or use desktop wallet or mobile wallet depends on what you preferred to use that you can own the keys. But first sell all your bitcoin in robin hood and convert it to fiat then buy from reputable crypto exchange that you can use in your country . |
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Eth has crossed 1000$ last night, could we expext that we will see a new ATH within 3-4weeks??
If you are asking for this whole year yeah its possible to break it or even make a new ATH we still at early days of this year and we have 12 months to go. Wait and you will see it .
I am sure that the ETH token will reach a new ATH this year although I will not say in a few weeks, but the movement of ETH this year has been extraordinary and will be able to bring it to reach a new ATH.
Just a correction ETH is not a token its a coin many having mistake with that .The tokens is those project who use ethereum smart contract . |
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Is Uphold a good app to store XRP? I am in the US. Coinbase will not trade XRP on 01/19/2021. Does Uphold has the website allow to hold and trade XRP in its website? I don't feel comfortable to download the app in my phone and carry around. I am afraid that I lost my phone or some one steals my phone. I feel more comfortable to trade XRP in the desktop computer at my home. Thanks.
Why not try to use multi crypto currency wallet instead of exchange ? Uphold is also an exchange the same with other that already delist XRP. So what if they also have plan to delist it later once the issue never solve by XRP team ? That exchange is OK to use since I've been using that exchange for widrawing my balance earn from brave but I cannot fully any exchange to stored Any of my crypto for long term. So I suggest to use multi crypto currency wallet and stored your XRP there this is much secured compare to holding it in exchange. |
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The best UNI swap exchange based on personal opinion. this exchange provides convenience and advantages. After I got the UNI airdrop, I was getting better at making transactions.
You only agreed for your opinion just because you receive a rewards using that exchange which is invalid reason for the thread that looking for the best exchange. What I don't like in uniswap is they have many shit coins listed there and you can only trade ethereum contract tokens unlike centralized exchange. My choice is binance for a reason that this exchange have a good trading volume for every coins and they never add coins easily .so if they list a coins there are good reasons and they review the project first before adding . |
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Why wait for altcoin season, its already happening all of the altcoin is following bitcoin dominance and more of them increase its price morethan x2 from what its price back in November last year. So I don't expect more to altcoin right now they already give profit to me enough to say that altcoin season is already started long time ago following bit coin trend .
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One concern that I have for USDT is if the SEC would classify this stablecoin as a security. I know that they are possibly working on that case, but let’s just hope that SEC would not target USDT next. I know that XRP has gone down the wire because of their pending lawsuit from the US SEC, but USDT’s collapse would be total chaos for Bitcoin, Ethereum and other cryptocurrencies.
Yes thats the problem if SEC is also looking to file a case against USDT then many coins will be affected not only BTC since USDT is also have their own market pair all of them will all be affected in price . maybe 20-30% dump will happen to many crypto currency if SEC sued it the same with XRP. But bitfinex already answered why USDT will not be targeted of SEC and its explain here https://cointelegraph.com/news/relax-tether-won-t-be-targeted-by-sec-says-bitfinex-cto/amp . |
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^ This run currently feels like 2013 when it went from 100 USD to 1000 USD than 2017's run imo. There are lots of people who are at the wrong side or outside of it. Including me. Fml.
For me it is the same as 2016 when there is also halving happen in that year the market waking up and being crazy for the whole year and continued to do so in the following year which is 2017 its a mirror of what we see right now in bit coin price movement .if you go back to that time you will see the last price of btc after breaking its ATH which is that time is only 1k$. It is also possible that we can see a whole year bull market with slightly correction. That correction will help to always test the new resistance. |
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What do you think guys is he alive? In this case he have steel nerves to not spend his coins now
No one can answer this right . the only things we need to see to confirm that he's still alive is if he moved the bitcoin he mined from its own before.. It's really surprising that bitcoin even reach up to 30k$ in early 2021 and even though it already passes the ATH it's not stopping and still pumping up.
Holding a big amount of bitcoin is actually a big risk in the market imagine selling that kind of volume in the market, probably it could easily dump the bitcoin but who knows we don't even know if Satoshi is still alive.
Still, it's a big achievement for the bitcoin or crypto community to reach 31k$ and but hopefully dump too since it's also healthy to the market.
I am also surprise how this things happen in this early days of this years. I think maybe about half a year before it happens,this only proves that btc price is really unpredictable |
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The fastest way to lost your money in trading is go to future trading without analyzing the market and do trade without experience how to read where the market will go, and then sleep well and in the next day it may wipeout your balance. Other newbie mistake is they are looking for newly listed coins in popular exchange to buy which is the reason why most of them lost .because they don't have idea how much is the real price of that coins and buy it bpindly in the first day so they bought it at high price then in the next days they lost almost 90% of their money .
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If your bitcoin stored in exchange then the only way to know if you are illegible is to contact support of that exchange and if they support the fork that time you will automically receive it in your exchange wallet that time no need to anything . If not then most likely you will not get any . if you hold it for long time to your own wallet then its still possible to claim yours just mention here what wallet did you use that time so we can share the right guide for you to claim your fork.
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No resistance yet that's the right answer . People is not setting any orders above on that price since it's too early to set it there . that's why other traders see that Bitcoin doesn't have it there .you will only see it once we reach that high price and there is possibility that many will take profit once we reach 30k level or above that. Same scenario when we see price of BTC after breaking 20k level many traders though that it doesn't have it but it has.
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I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.
We have thousand of crypto currency in the market so iwill not agree of 10% In my opinion it's only 1-3% of them will survive for long term. More of them is just a shitcoins that want to grab people's money and no long term plan at all .they are just being manipulated in price because of hype but in the long run they will lost its value and that's proven already from the past altcoin we have before. |
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There is nothing to be happy about being a bounty hunter when you get cheated 9 out if 10 times with your hard work. If you want to continue as bounty hunter then make yourself better with analyzing so you can avoid more scam and useless projects than before and don't forget time is most valuable thing than anything.
It's hard to find a project that will perform well in the market or get funded, even good projects are having a hard time to get funded or perform well in the market, take a look at Youcash, the project looks good but it failed to live up to expectation, we'll have to wait several months before we can see it perform better in the market, that is if they follow their roadmap and updater their platform. For now yeah its really hard to find a good project to join since most of them always turn to be scam. But you need to continue your effort finding good project if you want to get decent rewards it's normal thing that you can join in not so good project with low payment but it doesn't mean that you will alsway find a shit project. You will also find good project by continuing your job . It's about luck if you found a project that will rewards you godd amount then it's good to you if not it's still ok since you are only using your effort to promote it not your own money. |
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There will be some huge fine to pay, if XRP have no enough funds it will surely affect the project, there are few projects that find it very hard to stand up on their fit after paying SEC, Im just hoping the same won't happen to XRP after everything is over, XRP need to get the hell out of US ASAP.
This is actually I want to answer they can pay for fine if they don't want to be affected that much it's better than being delisted in any US base exchange . There are already project that already sued by SEC and they also pay fine and that's how they solve the problem i forget that project name. But XRP need to pay it huge unlike the other project that I hear from before . |
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