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Re: Facebook’s Global Coin Is A Threat to Bitcoin Cash, BCH Down 3.7%
- BCH down 3.7 percent
- Facebooks Global coin will disrupt public chains like Bitcoin cash
Because of Facebooks broad base and active users exceeding 2 billion, the Global coin is an existential threat to Bitcoin Cash. Currently, BCH is consolidating against the USD, down 3.7 percent.
Many many trader say Facebook's global coin is a threat for Bitcoin cash
What do you think?
One thing with trading entirely is that you will always need every resource you can get your hands on. From news, to what the community of traders are saying about something, the sentiments around and all that, which has made a lot of the news platform like coindesk and cointelegraph, then trading view as a spot where I get to liaise with likeminded traders to see if what you are seeing sometimes, align with what you are thinking. I have never really been a fan of social media when it comes to trading though as you can see a lot of bullshit from afar when it comes to trading in social media platforms.
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you~~
Criteria:
Options:
1. Binance: Strongly and Most recommended! stable, High Vol, safe, liquidity, commission fee cheap, user friendly (apps & web)
2. Bitfinex: Stable, not many coins available (ps. Required for 10k deposit)
Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb: High Vol, Not highly secure (ps:security issue happened, consider well if you really want to use!!)
4. Upbit : Not much volume as Bithumb but no problems so far
*******Additional information************
5. Bittrex - Recommended by FlamingFingers: High Vol, No security issue ever, simple to use
6. Poloniex - Recommended by Reid: Long history, safe, speedy, Lower withdrawal fees(50k sats)
- Not recommended by elewton: laggy, needs KYC every time
7. Kucoin - Recommended by Miro22 and CodyAlfaridzi: Relatively new and small, but doing well on user experience
8. Bitmex - Recommended by CodyAlfaridzi: provide leverage, margin service, high vol, No need KYC.
FAQ:Why do we need to use several platforms?
I really like the way you put up this topic, newbies should really know what exchanger to use and stop making the mistakes of running into fake exchangers that zoom off with their money at last. The exchangers listed here are old and reliable, except Kucoin which is still new but still recommended by many. Share with all of you~~
Criteria:
- Volume
- Secure level
- Liquidity
- Commission fee
- Listing coins
Options:
1. Binance: Strongly and Most recommended! stable, High Vol, safe, liquidity, commission fee cheap, user friendly (apps & web)
2. Bitfinex: Stable, not many coins available (ps. Required for 10k deposit)
Here is some Korea Exchanges, selling price relatively higher, recommend to sell them here.
3. Bithumb: High Vol, Not highly secure (ps:security issue happened, consider well if you really want to use!!)
4. Upbit : Not much volume as Bithumb but no problems so far
*******Additional information************
5. Bittrex - Recommended by FlamingFingers: High Vol, No security issue ever, simple to use
6. Poloniex - Recommended by Reid: Long history, safe, speedy, Lower withdrawal fees(50k sats)
- Not recommended by elewton: laggy, needs KYC every time
7. Kucoin - Recommended by Miro22 and CodyAlfaridzi: Relatively new and small, but doing well on user experience
8. Bitmex - Recommended by CodyAlfaridzi: provide leverage, margin service, high vol, No need KYC.
FAQ:Why do we need to use several platforms?
For stable and profitable work in the future, any trader will need several exchanges for several reasons:
1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
Thanks EXtremeAEX for information1. There are different trading pairs on different exchanges.
2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient).
3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work.
4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit.
5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
Welcome to other suggestion 
Another thing newbies need to know is that they shouldnt only store their coins on exchangers, they should have their own wallets where they store majority of their coins, exchangers can get hacked.
Hey,
I see that we've finally entered a bullish phase (not sure how long this is going to last). I think it will be good for May pending any kind of FUD. June is the adsense FUD.
But anyway, I've read some articles that say that alts are making a comeback and money is pouring into alts... but these same articles caution that experts think that soon money will be pouring into bitcoin from alts. They say the infusion of money into alts is only temporary.
I'm sure most of you have seen that when BTC rallies too fast, alts crash. I was wondering if you guys think that a fast BTC rally is in the immediate future?
Are you hodling alts or are you going to go into BTC to ride out the BTC pump, then buy all the crashed alts?
How could you be wrong in the month of April and thought that the bulls had finally come, but how it turned upside down. These were all actions of speculators who are still shaking the situation, making even worse conditions for investment.I see that we've finally entered a bullish phase (not sure how long this is going to last). I think it will be good for May pending any kind of FUD. June is the adsense FUD.
But anyway, I've read some articles that say that alts are making a comeback and money is pouring into alts... but these same articles caution that experts think that soon money will be pouring into bitcoin from alts. They say the infusion of money into alts is only temporary.
I'm sure most of you have seen that when BTC rallies too fast, alts crash. I was wondering if you guys think that a fast BTC rally is in the immediate future?
Are you hodling alts or are you going to go into BTC to ride out the BTC pump, then buy all the crashed alts?
Altcoins are really showing some great sign of improvement though, and it is obvious how huge they have hit the bottom as it is, but I see it as a great opportunity, considering we might see a chance to see them recover soon.
Invest smart and wait. Everyone who thinks it comes easy it's not true.
But sometimes it's not so hard either.
Which in other words means it is all a game of nerves. Even in the traditional business, initially the marginal profit is not so high as compared to the invested money and the expectation but as the trend spreads overtime, the brand is something that also attracts costumers then. But sometimes it's not so hard either.
Same is the case here; you invest and do not expect quick money which will help to coupe the market uncertainties. After sometime, you start noting the growth in the value of your portfolio and in the third phase, when the value of your portfolio exceeds beyond the point you had set to earn, cash out. So do not sell yet for you still have to enter your third phase.
I guess that you cannot always win with your martingale strategy because of it still difficult to get this strategies works in a long time no matter you can master the strategies. maybe martingale is work in the short time only and for a long time, I think you need to make another strategy so you can still win in the game. I hope that you can control yourself and not spend too much money if you decide to play in all day long.
Martingale will work if :
1. We have an unlimited balance
2. The casino has no max profit rule, means we can bet with whatever amount we want.
And I guess, those two conditions will be impossible to achieve and that is why I considered martingale isn't the perfect strategy in gambling. It can work if we are lucky enough and know how to stop, otherwise it will fail.
IMO, traditional casinos can keep just like that and let online casinos take care of it, there's some different atmosphere when you play on traditional casino between online casino. I'm sure people feel nostalgic when playing on traditional casino which make it very different.
It's the one difference that can keep if he's still playing traditional gambling with casino's instead of playing online casino's.And not only that you'll feel nostalgic, there are instances that you will have that type of feeling where it all started if you ever started to gamble into a casino.
Re: Do i need a license if i want to create a crypto gambling site?
The best advise for you to visit a consultant to help you. Do remember where you take license should be a bitcoin friendly country. Plus figure out all the taxes as this is one complicated procedure you better get pros involved to help you out. I mean, calculate all pluses and minuses then create website!
For me, opening such kind of business isnt very helpful. Even I dont have any interest in such businesses because I cant earn by harming others. Profits and losses are integral part of game and it happens in different respectable earning sources as well. But no one harm other person in such drastic way where he isnt able to do anything else. So dont chose such sort of fluffy businesses.Re: Would a global disaster increase or decrease the Bitcoin value ?
Hi ! First message here.
If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?
I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.
What are your opinions on the subject ?
Maybe it can affect bitcoin price if investors decides to withdraw the money they have invested in bitcoin and use it for their shelter and food. Im saying this since they say that the price of bitcoin is determined by the rate of demand and supply
but anyway, disaster can never happen at every places, unless you want a meteor to fall on your head and only you alone cause its not going to fall on others,; you only get what you wish for. If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?
I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.
What are your opinions on the subject ?
Re: Altcoins and bitcoin - Where is the good investment now?
I'm thinking that both of alternative cryptocurrency and bitcoin itself are the good investment right now, because market is seems to start recovering a bit, and maybe it is the beginning of way up.
Diversification is a good thing to start with. This way a person will learn about different coins but one must include bitcoin in his investment list because this currency has returned largest profits so far and is expected to do so in future again and again. Now the whole market is suffering from a decline so all investors must increase the amount of digital assets.to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.
Is this a good strategy?
I got this strategy from my friend
Is this a good strategy?
I got this strategy from my friend
It could be a good strategy in crypto trading, but it's not easy to convince other people to invest in cryptocurrency, specially those people who are not familiar with it. But you can wait until the price of your holdings will rise and sell before it will dump, to be able to earn more profit.
Shyness in gambling will always harm you in a different way because if people come to know that whether you are a gambler than it will hurt you much. Not only if you lose money through gambling it might affect your family in a different way, while gambling you have to be very careful.
If a person is addicted to gambling they why will he shy to play gambling? I think that only new comers will feel shyness while playing gambling tell they become familiar and addicted to gambling. I myself felt shy when for the first time in enter a casino but never after that. after getting used to playing gambling, of course nervousness will disappear by itself
Re: How many hours a day are you spending on online gambling?
I spent most of my free time on online gambling site, but only a small part of that time I used to gamble. Most of the time I use to chat with other users, especially users from my country. And to be honest, I have fun talking to them even though I don't know them personally.
Like you are using this gambling platform for connectivity purpose. This is strange because pope never talk much at such platforms. They have got some objectives and tasks assigned they always try to fulfil them within time limit. So often they ignore such talkative user that tries to connect to them without any personal or business meeting. But if you do this, amazing.so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
How do you mean investing Bitcoin in stock? You cant do that, Bitcoin itself is already an investment and as for investing in stocks, if you have any money in Bitcoin that you would like to invest in stock then you will have to withdraw it out from Bitcoin before using it to invest in stock, you cant invest Bitcoin rather you invest in it. Thats one thing to show you that Bitcoin is not a currency, its something else.Looking for you one of the crypto I think etherum and ripple are good coin of the current cryptocurrency market because of the good market capitalization as well as they are investors choosing to invest
If this is about which crypto is better, bitcoin takes this lead, every time. Especially since last year, we have seen such drastic change in bitcoin. Before this time, there were so few people who knew about it. But just in time period of one ear, see its glooming success and performance that it has just shown. So I would definitely advise you all to get oriented towards bitcoin.Reading this source, I understand that prices are likely to go below 8k. Do you agree with those analysis?
https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/
My best suggestion is if you are having money to invest in go and invest right now, because in case of postponing that decision there is a big chance that you won't have that money or the price will be not affordable anymore.https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/
Dont believe in everything you hear as there are a lot of hummers that just float around.
Any sudden change in the demand factor brings decline in the price of any coins or currency as this is the major factor for which we are responsible. When we leave our mistake that is to sell out coins in low market after observing a little increase in price and we sell for little profit. This is irrelevant if we look for little profit instead of looking for high profit we do this mistake that is compelling the market to go down again.What are you guys trading on the most?
Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
I've been using alts for trades until today but it won't that much profit now considering that mostly alts are still in the decline. That's why, I'll stepping back into btc again and do trades but I'll still continue with my favorite alts even though it won't give me much profit but at least I've got something from them. Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
One of the biggest positives for myself and gambling are the friendships I've made from it. Formed a lot of good relationships with great people that I wouldn't have if I wasn't involved in gambling.
It really does help stimulate the economy as well by providing jobs, this is something that the gambling naysayers often forget about.
Look I have been here for so long time and following all such comments regarding gambling. The positivity and negativity that revolves around this game and all harms and profits associated with it. But brother for the first time I just saw a comment that is full of positivity. You seem so satisfied with friendships you have made from gambling but what about loss that you must have had in your tenure?It really does help stimulate the economy as well by providing jobs, this is something that the gambling naysayers often forget about.
Yes, that is for sure, I know that the BTC is always over $ 6,000 because if below this level investors would massively buy into
I believe there is no chance for Bitcoin to fall below $6000 value again. It was only in June when it fell below the said value but that was a red market and the price fluctuation was a very common thing. Right now, we have a recovery period and Bitcoin is on the rise just ignore momentary price fluctuation. Moreover, it is expected to rise higher than its last years highest value in December. So better invest now and do not wait for it to fall below $6000.