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Showing 20 of 52 results by PaySpace
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Topic
Board Trading Discussion
Re: Margin trading. Where to start?
by
PaySpace
on 20/05/2020, 06:41:22 UTC
Bitmex is a great platform with a small fee (about  0.075% taker fee)
Post
Topic
Board Trading Discussion
Re: What are the best online resources to learn the divergence strategy?
by
PaySpace
on 20/05/2020, 06:23:16 UTC
I would like to learn to trade crypto profitably on the 4 hours and the daily time frames with the divergence strategy. What are the best online resources to do that?

Specific things I'm looking for:

-Good and complete documentation on this strategy and the related concept.

-Informations on how to spot the best token each day to trade with this strategy

-Livestreams or Youtube channels of legit and sucessful divergence traders with good advices.

-The best tools right now to help trading with this strategy

-Maybe some coaching too later if we could agree on a deal that make sense...


Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

Thank you!

I've learned a lot from Udemy courses. Some of them are really good.
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Topic
Board Trading Discussion
Re: Your Best trading platform is?
by
PaySpace
on 20/05/2020, 06:16:25 UTC
Crypto exchange platforms.

I've been studying the exchange platforms available for crypto trading and I saw a list of ten top crypto trading platforms from Cryptodetail.

I'll list below in order of rating.
1. Coinbase
2. Binance
3. CEX.IO
4. Localbitcoins
5. Bitfinex
6.Bittrex
7. Kraken
8. Coinmama
9. Changelly
10. Prime XBT


In that ranking order we can see that Coinbase is the top and probably the best trading platforms. I found out that coinbase doesn't only offer trading services it also license other businesses to use its API for crypto payment related transaction.

I want us to discuss on the following areas.

1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use.

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?


Coinbase is currently one of the best exchangers on the network. It is trustworthy, reliable, and easy to use even for beginners.
However, the main drawback is its availability only for some countries.
Post
Topic
Board Bitcoin Discussion
Topic OP
How to start accept cryptocurrency on your site
by
PaySpace
on 19/05/2020, 09:17:28 UTC
So, you have got a request from your clients to add crypto as a payment method on your site. Here is a short guide on how you can do it.  Please, bear in mind, there is a big difference between crypto payments implementation and simple identification of your crypto wallet number on your site. And I am going to tell you about the first one.

Pros of cryptocurrency accepting
  • No chargebacks. Actually, the clients can get back their money in case of dissatisfaction with your service. However, it will not influence your chargeback ratio.
  • Low transaction fees. If compare it with credit cards.
  • No license required. If your business requires a license to start accepting credit cards, with cryptocurrency you can forget about this rule.

You have two ways to start accepting crypto:
Way № 1. To settle accepting crypto payments by yourself. The control of your  funds will be only in your hands, at the same time, here are some things that you should consider:
- Choose the right service (hardly you are ready to develop your own payment platform by yourself there are plenty of white label solutions for your needs)
- Create wallets of all sort of cryptocurrency that you would like to accept
- Think about pay-out strategy
- Be able to check the validity of all the calculations in the flow of payments by yourself
- Keep in mind your country's regulations. For example, Portugal and France, are crypto-friendly countries, while the U.S.A and the United Kingdom have their own list of rules and restrictions. It depends also on your business industry.

There is also Way № 2 in crypto payments acceptance
Reach out to the Payment Service Provider. These are special fin-tech companies who can help you not only to start accepting any type of payments online but also to be responsible for your reputation with the Payment System and operate your funds. Most of the payment providers not very crypto-friendly, but some of them are.
When is it better to reach out to the PSP? When the sales volumes are high, and your clients wish to pay with crypto.
Here are some benefits from collaboration with Payment Provider:

1. Simple fiat withdrawals. No need to look for a place where you can change your cryptocurrency. Save your time.
2. One account where you can control all your crypto assets (in case if you would like to accept not only bitcoin).
3. Easy and simple back office tailored to the needs of your business -?
4. The experienced team that knows well what integration fits your site.
5. Avoiding situations, when the crypto payment gateway closes your account without warning because of suspicious transactions.
6. Special monitoring features that help allow you to navigate through to control payments and track conversion rates.

Now you know a little bit more about online crypto payment acceptance. You can choose by yourself what method is better for your business needs. Sure thing, this thread doesn’t cover all the nuances. All the questions and discussions are welcome.
Post
Topic
Board Economics
Re: How big is Bitcoin compared to all world's Money??
by
PaySpace
on 19/05/2020, 05:51:55 UTC
For me, bitcoin is much better than the real money at the moment. Because of the volatility, it became an advantage of bitcoin to other real currencies. It also became an opportunity for everyone who wants to earn or to have savings in the future as well. This might be the reason why it became big to them although so far it was a virtual currency.
Agree, fiat money has become more volatile and this may give a new impetus to the growth of cryptocurrencies.
Post
Topic
Board Bitcoin Discussion
Re: I Explained Bitcoin to J.K. Rowling
by
PaySpace
on 19/05/2020, 05:46:58 UTC
Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrency crime in Netherlands.
by
PaySpace
on 19/05/2020, 05:43:34 UTC
Quote
The three arrested men in the South West are being held on suspicion of committing computer misuse and money laundering offenses.
They are a 33-year-old-man from Charlcombe in Bath, a 30-year-old man from Lower Weston in Bath and a 37-year-old man from Staverton in Wiltshire.
The suspects in the Netherlands - two men and a woman, aged 21, 26 and 29 - were arrested on suspicion of money laundering.
Post
Topic
Board Bitcoin Discussion
Re: Isnt a problem if China has 68% of the hashrate?
by
PaySpace
on 19/05/2020, 05:08:22 UTC
Since Chinese President Xi Jinping has publicly supported the blockchain, it can be expected that China’s share will become even bigger. It will be one of the ways to control technology in the absence of competitors from the United States.
Post
Topic
Board Bitcoin Discussion
Re: Am feeling Regret
by
PaySpace
on 19/05/2020, 04:57:57 UTC
Now Bitcoin is trading at $ 9,134, and over the past month, it has risen in price by 28%. However, the bitcoin currency is unstable, and according to forecasts of the BitMEX exchange by the end of the year, it can range from $ 2,000 to $ 15,000. Most experts believe that the cryptocurrency rate will grow, but tries to be careful in their assumptions.
Post
Topic
Board Economics
Re: Btc going to 2k or 3k or 7k or 9k
by
PaySpace
on 12/05/2020, 04:52:53 UTC
Based on the statements of Pankaj Balani, CEO of Delta Exchange, the bitcoin market is in a pretty good position. He argues that since there are significant rates of currency fluctuations, the way out of the crisis will also be quick.
Bitcoin may even rise in price due to the crisis. Banks stimulate financing and increase the money supply. This will put pressure on currencies, and in the long run, it will positively affect bitcoin.
Post
Topic
Board Development & Technical Discussion
How to start accept cryptopayments on your site
by
PaySpace
on 11/05/2020, 07:14:05 UTC
So, you have got a request from your clients to add crypto as a payment method on your site. Here is a short guide how you can do it.  Please, bear in mind, there is a big difference between crypto payments  implementation and simple identification of your crypto wallet number on your site. And I am going to tell you about the first one.

Pros of cryptocurrency accepting
- No chargebacks. Actually, the clients can get back their money in case of dissatisfaction by your service. However, it will not influence your chargeback ratio.
- Low transaction fees. If compare it with credit cards.
- No licence required. If you business requires licence to start accepting credit cards, with cryptocurrency you can forget about this rule.

You have two ways to start accepting crypto
Way № 1. To settle accepting crypto payments by yourself.
The control of your  funds will be only in your hands, at the same time, here are some things that you should consider:
1. Choose right service (hardly you are ready to develop your own payment platform by yourself there are plenty of white label solutions for your needs)
2. Create wallets of all sort of cryptocurrency that you would like to accept
3. Think about pay-out strategy
4. Be able to check the validity of all the calculations in the flow of payments by yourself
5. Keep in mind your country regulations. For example, Portugal and France, are crypto friendly countries, while U.S.A and United Kingdom have their own list of rules and restrictions. It depends also on your business industry.

There is also Way № 2 in crypto payments acceptance
Reach out to Payment Service Provider.
These are special fin.tech companies which can help you not only to start accepting any type of payments online but also be responsible for your reputation with Payment System and operate your funds. Most of payment providers not very crypto-friendly, but some of them are.
When is it better to reach out to the PSP? When the sales volumes are high, and your clients wish to pay with crypto.
Here are some benefits from collaboration with Payment Provider:
1. Simple fiat withdrawals. No need to look for a place where you can change your cryptocurrency. Save your time.
2. One account where you can control all your crypto assets (in case if you would like to accept not only bitcoin).
3. Easy and simple back office tailored to the needs of your business -?
4. The experienced team that knows well what integration fits your site.
5. Avoiding situations, when the crypto payment gateway closes your account without warning because of suspicious transactions.
6. Special monitoring features that help allows you navigate through to control payments and track  conversion rate.

Now you know a little bit more about online crypto payments acceptance. You can choose by yourself what method is better for your business needs. Sure thing, this thread doesn’t cover all the nuances. All the questions and discussions are welcome.
Post
Topic
Board Bitcoin Discussion
Re: How many Bitcoins does it take to become a whale?
by
PaySpace
on 05/05/2020, 18:52:53 UTC
10 million bucks will make you a whale, so go ahead)
Post
Topic
Board Bitcoin Discussion
Re: Russian Central Bank Admits It Can’t Ban Bitcoin
by
PaySpace
on 05/05/2020, 18:47:52 UTC
The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country.

Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either. That’s the latest news from the Russian government. Although Russia has a love hate relationship with crypto and bitcoin, what do you think about this admission? I think personally no bank can control it, but they don't admit it.

What do you think about this? If you want to read the full article, you can click on the link below

https://beincrypto.com/russian-central-bank-admits-it-cant-ban-bitcoin/

For the past few years, the Russian government has introduced a lot of taxes. Not only sanctions led to this, but also a failed domestic and foreign policy.
All I wanted to say is that the Russian government is trying to impose a tax on everything they can reach, and the fact that cryptocurrency is unattainable for them makes them ban it. It pisses them off)
Post
Topic
Board Project Development
Re: Creation and promotion of a new cryptocurrency website
by
PaySpace
on 05/05/2020, 18:34:24 UTC
Hi everyone, my name is Casey Smith.
I need advice from specialists like you.
 To be more precise, the team and I created this site in order to make it popular. And in the future, earn money to advertise or sell this site. The https://btcnix.com project was created specifically for the needs of individuals and companies that earn money from mining. It is no secret that this act is very complex and requires enormous opportunities. Here you can find many useful software utilities that can improve the technical characteristics of the equipment and greatly affect all mining operations.
It is very important for me to hear your opinion about this site. Should we waste our strength and time on this lesson? What do you think about that?

If you don't have a lot of money to advertise your website you can promote it through relevant articles (I'm talking about SEO). Copywriting is a powerful instrument to bring your thoughts to the audience and generate traffic.
You can also create a youtube channel with short, useful videos.
Start writing about yourself on social media.
Ask people to subscribe to regular newsletters and give them valuable insights.
Post
Topic
Board Economics
Re: How can the corona virus end Faster and economy reopen
by
PaySpace
on 05/05/2020, 18:21:26 UTC
The governments of different countries are trying to find a balance between maintaining the economy and improving the epidemiological situation.
Many of them do not have enough funds for global isolation, therefore, most likely, small businesses will resume their work.
Based on this, people will pay more attention to possible risks and ways to prevent them.
Post
Topic
Board Economics
Re: Is Bitcoin the future of the global economy or just another commodity like Gold?
by
PaySpace
on 05/05/2020, 18:05:51 UTC
So lately I've been thinking about the global financial economy and the way it works.  Huh

During my BA, I had a course with a professor that played a very high role in the central bank of Israel.
I asked him "Is the bank preferring for the day after the economy will collapse?" the answer he gave me was not clear. I saw him struggling to answer that.

But when I examine Bitcoin and other crypto coins, I see it not as a replacement of money, but just as a replacement of the central bank money printing. Because eventually, we'll all look for a place to keep our money safe (a bank) and someone to give us a loan on occasion.

So my question is, is it really the future of the economy? or just the "new gold"?  Undecided

Bitcoin is a scarce currency and has a fixed supply volume of 21 million. Therefore, cryptocurrencies will remain the means of speculation and nothing more, until a better economical breakthrough occurs.
Post
Topic
Board Economics
Re: Crisis after the epidemic
by
PaySpace
on 03/05/2020, 18:03:07 UTC
How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?

  • Countries will strive for full self-sufficiency in food, energy, medicine, and means of production.
  • The share of human labor in logistics, communications, and services will decrease.
  • Remote work and virtual services will become standard.
  • States will be able to better control citizens and their personal lives.
Post
Topic
Board Economics
Re: Cryptocurrency can not replace fiat currency.
by
PaySpace
on 03/05/2020, 17:50:05 UTC
I have seen so many posts about emerging cryptocurrency, and they think that someday it will take over our current system, or it will replace our fiat currency, which is really impossible, yes cryptocurrency is such an excellent currency especially the bitcoin, cryptocurrency keeps on being more prominent and more significant. Still, I think it is not enough to replace the fiat currency. It will be hard for the government to do that.

It will be hard for us if we use our cryptocurrency as our standard currency, the volatile currency will not be useful in real life; only that money is only suitable in real life. Not all individuals are really used in technology, so how could they handle their money if they are not familiar with the technology.

There are still some rural places in this world, so it will be hard for them to adopt the new system if this will be implemented in the future, which I hope won't happen, and even those person in provinces will also get mad if those things happen.

I agree that cryptocurrency will not replace fiat money. Here are few reasons:

  • Lack of a real value system.
  • Anonymity of payments will completely destroy the existing system of state fees.
  • Without a regulator, there is a high risk of speculative manipulation on a huge scale.
Post
Topic
Board Economics
Re: The positive impact ~
by
PaySpace
on 03/05/2020, 17:41:30 UTC
In any case, people will learn a lot.
Post
Topic
Board Trading Discussion
Re: Why people run away from trading!!!
by
PaySpace
on 03/05/2020, 16:19:24 UTC
  • People often follow already existed strategies of well-known traders, or listen to the crowd.
  • Lack of any personal strategies.
  • No understanding of crypto trading at all.
  • Paying too much.