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Showing 20 of 632 results by mikyadel
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Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 23/02/2019, 12:12:44 UTC
My ideal exchange has the following features:

Multiple security options like 2FA available to combat hackers, block new IPs from logging in, etc. Plenty of sites email me when a login's been detected from a new IP, but a number of the ones I am registered on don't actually require you to authorize the login through a link on the email.

Must have a physical location. Most but not all exchanges that don't have physical locations are scams, especially newer ones.

Liquidity

Good support for whenever things go wrong like deposits, trades, etc.

Reasonable withdrawal fees and trading fees. I typically don't do lots of small withdrawals from exchanges so fees aren't usually a problem for me, but the fees add up over time. Some sites also have pretty high trade fees, which most people don't initially notice when signing up for an exchange.
many exchanges already have this criteria , how would you choose between them ?
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Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 23/02/2019, 12:11:36 UTC
I need only one thing-my private keys. Grin
All the other stuff,like liquidity,low transaction fees,good customer support,etc. are important as well,but you know the saying."If you don't own the private keys,you don't own the coins." Grin
High level of security is the most important thing because many centralized has been hack, and second one is they should be have insurance to avoid member lossing money incase the exchange get hack or others bad issue. Crypto exchange also should be have fully regulation to avoid ban from the goverment. Alot of centralized exchange been operated but less decentralized exchange, even though alot of trader want to use decentralized exchange because we have the private key so that mean we have full control with our funds.
i believe that multi-sig wallets will do the trick for you . right ?
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Topic
Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 23/02/2019, 12:04:20 UTC
Security is definitely the most important factor or if money is stolen, it would be fair to refund it from their frozen balance.
Secondly, it may be decentralization. So managing our exchange wallet with private key is fair. Exchange is like a prison, ''restrictive''.
Im looking for exchanges site who are have support daily and the security is very secure and the features will be updated everymonth and the withdrawals is instant and the deposited is only takes only 1 confirmation to use it and also the withdrawa fees and I think if that cryptocurrency exchanges site have that for surr most trader will be register and trade to them and Binance is the most perfect example for that who are the most trusted and popular exchanges site in crypto community.

so security is a big factor , but how can you determine if an exchange is fully secure or not !! and would u prefer semi-secure centralized exchange with lots of features or fully secure decentralized one with few features ?!
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Topic
Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 21/02/2019, 19:50:49 UTC
After the main things already written are met, some nice additions can be low fees, margin trading, lending and, why not, web wallets and debit cards.
Audit for the funds / cold wallets is another interesting thing. Maybe insurance too.
these features are already available in many exchanges ! insurance over customer's funds u mean ? it's interesting

Nobody mentioned it, so I'm going to:

What we need when it comes to crypto exchanges is a good Decentralized Exchange (DEX).

All the large centralized exchanges suffer from similar problems, even if they may have good liquidity. So, the crypto space urgently needs some good DEXs. The logic is simple: Decentralized currencies <--> Decentralized Exchanges.

yea,i was looking for someone to talk about the integration of blockchain technology in the crypto exchange as it's the essence of them ! so aside from liquity what are u looking for in a decentralized exchange giving their limitation when it comes to trading ?
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Board Trading Discussion
Re: What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 21/02/2019, 15:43:45 UTC
No need to look further, we have big exchanges with high liquidity so no need to look for more. I personally use binance, bittrex and hitbtc.

I list some though these are common things that we should look up to.

• Privacy
• Security
• Liquidity
• 24/7 support
• Instant deposit and withdrawal

How can you measure this criteria , how can you be sure of their privacy and their security as all exchanges promise that then they get hacked !!
Also,what about other features you are looking for that if implemented you would consider using in a new exchange ?
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Board Trading Discussion
Topic OP
What do you need in A Cryptocurrency Exchange ?!
by
mikyadel
on 21/02/2019, 12:51:14 UTC
Hey everyone,
for all crypto traders , what do you think we need most in a crypto exchange ! right now there are thousands of them but how can you choose which one you trade on ? and what existing exchanges lack of ?
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Topic
Board Altcoin Discussion
Re: Most Altcoins Discussion Are About ETH
by
mikyadel
on 30/09/2018, 11:10:28 UTC
i totally agree with you , Etherum won't die , what we have experienced regarding its decline in price was only due to rumors and whales manipulation .
Right now , over 90% of new projects are based on Etherum , that tells us this coin has the potential to grow further and occupy the second position right after bitcoin.
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Topic
Board Altcoin Discussion
Re: 7 tips for participating in the airdrops
by
mikyadel
on 30/09/2018, 10:55:34 UTC
people who say that it's harmless to join every airdrop even if they are sure it's totally a scam , think again !
now it's the easiest way to collect free and valuable data is to make fake airdrop , stop looking blindly for free money . there are even more greedy airdrops that require KYC and people still fall for this and then complain about fraud !!
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Topic
Board Trading Discussion
Re: Cryptocurrency trading platform
by
mikyadel
on 29/09/2018, 18:07:17 UTC
why doesn't it have to be a new exchange , i think the older it gets , the more turst-worthy it would be . you should look for exchanges with high volume trading like binance for example also if you wanna trade in non-famous alts you should look for decentralized exchanges like etherdelta . it all depends on what you need.
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Board Trading Discussion
Re: How do you manage your profits in trading?
by
mikyadel
on 29/09/2018, 16:20:06 UTC
in depends on your trading style , some people like to preserve their profits by buying USDT pairs , others like to wait and buy the same coin again once a correction occurs . Personally, i just take the net profits and put it in another coin and my main capital of certain coin i buy again once it's low . that way i'm diversify my portfolio plus increasing its value.
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Topic
Board Project Development
Re: How to find blockchain developers without paying them money !
by
mikyadel
on 27/09/2018, 16:44:22 UTC
Its really simple just requires 3 steps

1: Find a genie lamp
2: Clean the genie lamp
3: Use one of your wishes for a free developer that will do anything for you!!

its that simple!!
you have too look for people that are:

1. financially indepdentent or secured, (like westerners)

2. are angry about something (like banking cartels)

3. are bored play video games and want to do something

thats how satoshi found his free developer team

regards
no need to be sarcastic , the developers will be co-founds and i'll handle management and marketing for free too !
it's just everyone will do his part without money at first until we make the project running then we all split the profits
win-win situation
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Topic
Board Project Development
Re: How to find blockchain developers without paying them money !
by
mikyadel
on 27/09/2018, 13:00:43 UTC
It's even hard to blockchain developers and how are you looking for free ones? The only deal I can see here is to have friends who share your idea and are happy to work on it to unleash their skills/potential.
Doesn't your university offer investment of valuable startups? This way they can hire people for you, otherwise I highly doubt anyone will work for you for free.
unfortunately, my university doesn't offer that ! i'm looking for people to work with me not for me ! they will have the same privilege i'll have
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Topic
Board Project Development
How to find blockchain developers without paying them money !
by
mikyadel
on 27/09/2018, 11:58:25 UTC
Hey fellow members ,
i'm currently master's student in general management and have an idea for a startup in blockchain industry . i have the management and marketing skills required ,but still lack some developers to be a part of the team . i don't have the budget to hire someone to do the technical stuff . i need people to be part of the team in exchange for shares . where can i find those people ?!
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Topic
Board Altcoin Discussion
Re: Which do you prefer, bank or crypto?
by
mikyadel
on 23/09/2018, 12:38:49 UTC
personally , i use both . crypto is like my long-term investments i buy and store in offline wallets for some time to get better ROI than banks
However, i need a bank account with some liquid money to but regular stuff ,rent ,..etc . with crypto you can't do that as volatility of the prices won't be on your side.
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Topic
Board Altcoin Discussion
Re: Ways to manage your finances when entering the cryptocurrency market
by
mikyadel
on 23/09/2018, 12:30:41 UTC
what you are saying is perfect in ideal world and on paper only , i saw a lot of people before entering trading and investing and say we will have patients and once they saw huge profits like 3x they doubled their investments right away to gain more profits it's simply human nature !
you have to lose money to learn no other way . people who keep reading and think yes i found the holy grail , once they get their hands dirty they will change the behavior.
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Board Altcoin Discussion
Re: The Masternodes that I am running
by
mikyadel
on 23/09/2018, 10:14:07 UTC
i like people who consider other sorts of investments instead of just buying some coins and leave them . last year i was very interested to make my first masternodes but the great ones like DASH (my dream) is ridiculously expensive !! . can i ask how much do this masternodes cost you and what's their average ROI . i already have one masternode (Payfair) nice project you should have a look at it .
Also, what's your criteria when choosing the masternode ?!
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Topic
Board Altcoin Discussion
Re: Blockchain is bigger than cryptocurrency
by
mikyadel
on 23/09/2018, 10:07:26 UTC
blockchain is the evolutionary technology we are looking to , cryptocurrency is just a form where this technology can be implemented .
people have to know the difference between them if we want this field to grow and expand , blockchain technology has already proved it power especially in bank domain , we hope soon we see other application of this technology in real life.
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Topic
Board Altcoin Discussion
Re: Best country to set up ICO or Crypto
by
mikyadel
on 23/09/2018, 10:02:33 UTC
I think this country will be France.On September 12, a special Commission of the national Assembly of France decided to start a test period for the bill creating a legal framework for ICO and French banks will begin to provide ICO accounts to projects approved by the French financial markets regulator (AMF).Thanks to the initiative of the Minister of economy and Finance of France, Bruno Le Mayor, France has a chance to become one of the first major financial centers to offer clear legislative and legal regulation for blockchain and cryptocurrency investors.
Europe has the potential to be the leader in crypto space besides some Asian countries like Singapore . Now with France being one of the leader countries , i think rest of European countries will eventually follow their path and make a further step into blockchain world.
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Board Bitcoin Discussion
Re: Stop allowing manipulators to switch you off and on
by
mikyadel
on 15/09/2018, 11:31:50 UTC
For experienced trader and investors we no longer fell for this fake news , we can identify FUD easily . the problem here is the new comers to this filed once they see bad news all over the internet they freak out and get away with their money which what caused the lack of liquidity in the market nowaday.
we can't stop FUD but we can use it in our favor! Grin
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Topic
Board Bitcoin Discussion
Re: It’s getting hard to pump and dump Bitcoin
by
mikyadel
on 15/09/2018, 11:22:50 UTC
your title was about something yet the content is around something else!
Anyway,if you were talk about the difficulty to pump or dump bitcoin then i have to disagree , it's not hard but people are losing faith gradually in the system itself and maybe whales are waiting to see what's coming next . we need something big to get the investors money back in the game.