gaihulkfat
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May 11, 2019, 05:35:12 PM |
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But there is another problem. If cryptocurrency will be used in shops as means of payment and it will be more stable traders will not have so big profit.
They will have a profit. The liquidity of trading will increase, and they will be able to trade large volumes. Now amplitude, then volumes. More volumes of trade mean the higher price of the tokens. Lets wait till the crypto will use in all the shops. I do not see a problem, because the greater the demand for cryptocurrency and its use, the higher the price and the outlook. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Svobodniy2019
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Activity: 58
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May 11, 2019, 05:51:20 PM |
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Using cryptocurrencies, it is important not only to earn money, but also to be able to save them. Example with the hack of Binance demonstrates that. Since the beginning of 2019, $ 1.35 billion has been stolen.
On the Binance all funds are saved. None of the users was hurt. I think that other exchanges are also interested in a refund in case of hacking. Binanse is doing well. They will pay all damages to users. And, by the way, the hacking of the exchange did not affect the price of Bitcoin, it shows once again that users trust this exchange. I also do not think that Binance influenced the price, but the safety of the funds is in priority. |
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Alexxo
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Activity: 309
Merit: 10
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May 11, 2019, 05:52:40 PM |
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But there is another problem. If cryptocurrency will be used in shops as means of payment and it will be more stable traders will not have so big profit.
They will have a profit. The liquidity of trading will increase, and they will be able to trade large volumes. Now amplitude, then volumes. More volumes of trade mean the higher price of the tokens. Lets wait till the crypto will use in all the shops. I do not see a problem, because the greater the demand for cryptocurrency and its use, the higher the price and the outlook. If price for crypto will continue to grow it will be very good for shops too. They will have more profit including the profit from grow of crypto rate. |
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barabeku
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Activity: 568
Merit: 100
umachit.fund
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May 11, 2019, 06:13:45 PM |
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Using cryptocurrencies, it is important not only to earn money, but also to be able to save them. Example with the hack of Binance demonstrates that. Since the beginning of 2019, $ 1.35 billion has been stolen.
On the Binance all funds are saved. None of the users was hurt. I think that other exchanges are also interested in a refund in case of hacking. Binanse is doing well. They will pay all damages to users. And, by the way, the hacking of the exchange did not affect the price of Bitcoin, it shows once again that users trust this exchange. I also do not think that Binance influenced the price, but the safety of the funds is in priority. As we see the hack of Binance did not influence the price. I think soon Bitcoin will reach the mark of 7000$. But hackers showed that it is possible to hack even the bigest exchange. |
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darkcerebral
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Activity: 55
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May 11, 2019, 06:54:05 PM |
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But there is another problem. If cryptocurrency will be used in shops as means of payment and it will be more stable traders will not have so big profit.
They will have a profit. The liquidity of trading will increase, and they will be able to trade large volumes. Now amplitude, then volumes. More volumes of trade mean the higher price of the tokens. Lets wait till the crypto will use in all the shops. I do not see a problem, because the greater the demand for cryptocurrency and its use, the higher the price and the outlook. I believe that it’s not the cryptocurrencies themselves that carry the value, but the technology they represent. |
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upline
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May 12, 2019, 06:02:30 AM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. |
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PlayInfinity
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Activity: 103
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Play infinity
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May 12, 2019, 11:54:59 AM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. Cryptocurrency is very volatility and it takes money to deposite and withdraw crypto. That is why many traders keep money on exchanges that in right monent money will be on account. |
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Enyanha
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Activity: 286
Merit: 10
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May 12, 2019, 01:25:41 PM |
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But there is another problem. If cryptocurrency will be used in shops as means of payment and it will be more stable traders will not have so big profit.
They will have a profit. The liquidity of trading will increase, and they will be able to trade large volumes. Now amplitude, then volumes. More volumes of trade mean the higher price of the tokens. Lets wait till the crypto will use in all the shops. I do not see a problem, because the greater the demand for cryptocurrency and its use, the higher the price and the outlook. I believe that it’s not the cryptocurrencies themselves that carry the value, but the technology they represent. I agree that blockhain technology is very usefull, but still now there are a lot of speculation in the cryptocurrency. |
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Dorvei
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May 12, 2019, 02:12:37 PM |
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Binanse is doing well. They will pay all damages to users. And, by the way, the hacking of the exchange did not affect the price of Bitcoin, it shows once again that users trust this exchange.
The stolen BTC were returned to the hot Binanse wallet. In addition, it is a small amount (7000 * 6500$). During May, the daily trading volume was at least 13 bln a day. A dump cannot be for this reason. It is a good news but the fact that it is possible to hack every exchange even Binance is not good. |
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trombocoin
Jr. Member
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Activity: 187
Merit: 1
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May 12, 2019, 04:31:36 PM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. But not only traders ignoring all security recommendations but exchanges ignoring them too. And we see the results. The hack of exchanges. |
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hina98334
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Activity: 64
Merit: 0
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May 12, 2019, 05:37:29 PM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. Only those funds for which you are trading should be kept on the stock exchange. And preferably on different exchanges |
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Nasbacyar
Jr. Member
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Activity: 78
Merit: 2
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May 12, 2019, 07:54:14 PM |
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Binanse is doing well. They will pay all damages to users. And, by the way, the hacking of the exchange did not affect the price of Bitcoin, it shows once again that users trust this exchange.
The stolen BTC were returned to the hot Binanse wallet. In addition, it is a small amount (7000 * 6500$). During May, the daily trading volume was at least 13 bln a day. A dump cannot be for this reason. The bottom line is that when hackers broke into other exchanges, this negatively affected the course as people started transferring their cryptocurrency to fiat. But this exchange has a high level of user confidence. |
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upline
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May 13, 2019, 05:21:40 AM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. Cryptocurrency is very volatility and it takes money to deposite and withdraw crypto. That is why many traders keep money on exchanges that in right monent money will be on account. Now the commission is not very high. Therefore, it is not a big payment for the safety of funds. |
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trombocoin
Jr. Member
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Activity: 187
Merit: 1
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May 13, 2019, 01:20:00 PM |
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For different cryptocurrencies commission for withdrawal is different. Sometimes it's over $15 in equivalent.
The rate of crypto grows very quicly. There are a lot of transactions. That is why commissions grow. In 2017 the commissions in Bitcoin was till 100$. |
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trombocoin
Jr. Member
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Activity: 187
Merit: 1
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May 13, 2019, 04:05:37 PM |
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The amount of fee for withdrawing any cryptocurrency does not depend on the load of the blockchain. When withdrawing from the exchange, the fee will always exceed the transaction cost in the blockchain.
I have spoke about transaction between the wallets inside of blockhain. Whey price for crypto grows also grows the price of transactions. |
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Dorvei
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May 13, 2019, 04:15:44 PM |
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This is another example of a reckless crowd.
In this case, it was an unsuccessful attempt to hold back the growth of bitcoin.
Now Bicoin continues to grow. It seems that it is difficult to stop this growing. And along with Bitcoin, other cryptocurrencies are growing. Many cryptocurrencies are growing even more than Bitcoin. |
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zarad0
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Merit: 10
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May 13, 2019, 04:36:58 PM |
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These are good times for investors. Now people will buy tokens again, hoping for their further growth.
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cybitmedia
Copper Member
Newbie
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Activity: 185
Merit: 0
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May 13, 2019, 04:44:21 PM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. Cryptocurrency is very volatility and it takes money to deposite and withdraw crypto. That is why many traders keep money on exchanges that in right monent money will be on account. Now the commission is not very high. Therefore, it is not a big payment for the safety of funds. I think traders keep money on exhanges to have more profit. Cryptocurrency are very volatily and it is neccessary to have money on the wallet constantly to trade in good moment or traders will lost profit because deposit money to the wallet takes a lot of time. |
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zoromat
Newbie
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Activity: 29
Merit: 0
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May 13, 2019, 07:13:58 PM |
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For different cryptocurrencies commission for withdrawal is different. Sometimes it's over $15 in equivalent.
The rate of crypto grows very quicly. There are a lot of transactions. That is why commissions grow. In 2017 the commissions in Bitcoin was till 100$. In 2017, the bitcoin rate was higher, and the miners received more awards, so the transaction fee was the same |
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flarenial
Newbie
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Activity: 63
Merit: 0
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May 13, 2019, 07:49:19 PM |
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On the crypto echanges are a lot of money of cryptotraders. That is why thay are so tasty for hackers. Unfotunately every year the amount of stolen funds on the crytpo exchanges only increases.
That's for sure, many novice traders keep cryptocurrencies there, ignoring all security recommendations. Cryptocurrency is very volatility and it takes money to deposite and withdraw crypto. That is why many traders keep money on exchanges that in right monent money will be on account. Now the commission is not very high. Therefore, it is not a big payment for the safety of funds. I think traders keep money on exhanges to have more profit. Cryptocurrency are very volatily and it is neccessary to have money on the wallet constantly to trade in good moment or traders will lost profit because deposit money to the wallet takes a lot of time. If you trade with all means, then of course it is logical to keep them on the stock exchange, but if you trade only part of it, then the rest should be kept in the wallet. |
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