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Showing 20 of 148 results by numizmat
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Board Exchanges
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[ANN][EXCHANGE] Oobit Wallet - new Swap feature for direct trade of one cryptocu
by
numizmat
on 14/04/2021, 08:46:57 UTC
 
Oobit's Swap Feature is a new feature of Oobit Wallet that allows users to quickly liquidate one asset for another that they believe has more growth potential. It also allows users to hedge against events that may affect the one crypto, or just to move from a volatile market to a more stable one, it allows users to trade between the following cryptocurrencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • USD Coin (USDC)
  • Ripple (XRP)

Swap lets you bypass network fees and instead do an internal trade of one cryptocurrency for another. Providing a non-custodial, on-chain transaction. For example, users can swap Bitcoin for Ethereum directly from their Oobit Bitcoin wallet, with the funds being deposited directly into their Oobit Ethereum wallet.



Oobit is a full-service crypto banking platform for anyone looking to buy, spend, transfer, withdraw, and manage their crypto in one simple way. It offering access to Bitcoin, Bitcoin Cash, Ethereum, USDT (Tether), and many other cryptocurrencies.
The platform offers users a straightforward way to instantly buy, sell, and store digital assets - to allow users to use crypto with the same ease as traditional money.

Oobit Core Features:

  • Buy/sell cryptocurrency
    Instantly buy and sell Bitcoin as well as several different cryptocurrencies, including ETH, USDT, XRP, and more, with a credit card, debit card, or bank account.

  • Store cryptocurrency
    The multi-asset military-grade secure wallet is insured for $500 million and available for both long term or short term crypto holding.

  • Oobit Card (coming soon)
    A debit card that makes your crypto on Oobit as spendable as the money in your bank, at ATMs, and anywhere Visa is accepted.
 
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Topic
Board Speculation (Altcoins)
Re: I'm now accumulating 15 altcoins, what do you think?
by
numizmat
on 07/11/2019, 13:30:26 UTC
This task of choosing optimal altcoins to invest can be mitigated significantly by placing assets into some crypto investment fund, which will rationally redistribute assets depending on the market analysis between different coins and cash.

For example, Crypto10 smart index fund provides investors with exposure to the top 10 cryptoassets by market capitalisation, while limiting loss of capital through a dynamic cash hedging mechanism. The weekly rebalance period allows the fund to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market.
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Board Altcoin Discussion
Re: HELP! I want to invest but don't know which and how. is DigiByte ok?
by
numizmat
on 07/11/2019, 13:14:46 UTC
You can do such coin selection automatically via modern crypto hedge funds like C10 provides investors with exposure to the top 10 cryptocurrencies by market capitalization, while limiting loss of capital through a dynamic cash hedging mechanism (autorebalancing to cash on low crypto market). The weekly rebalance period allows such investments to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market.
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Board Altcoin Discussion
Re: StableCoins might increase crypto adoption by big companies ?
by
numizmat
on 01/11/2019, 06:58:56 UTC
There are also some new investment tools, allowing to get returns on stablecoins investing, for example, Invictus Margin Lending (IML) Fund that aims to provide investors with exposure to margin lending returns. Average annualized daily rates for USD in this capacity on Bitfinex have been in excess of 16% for the past 12 months.

The fund only holds USD or USD-equivalent TrueUSD (TUSD) stablecoins. Fund capital is lent out to traders, who borrow these assets primarily for leveraged trading. There is on-demand liquidity for IML token holders, who are able to invest or redeem from the fund on a daily basis. Traders borrow these assets primarily for leverage trading via major cryptocurrency exchanges.
Because the demand is strong and growing while several platforms have recently introduced margin trading functionality or increased the maximum leverage available to traders. Returns have exceeded the hurdle rate since inception, with consistent net returns at rates of approximately 11%.
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Topic
Board Economics
Re: Ideas on how to profit from TUSD true usd....
by
numizmat
on 01/11/2019, 06:49:37 UTC
There are some new special investment funds, focused on investing in stablecoins like TUSD, for example, Invictus Margin Lending (IML) Fund that aims to provide investors with exposure to margin lending returns. Average annualized daily rates for USD in this capacity on Bitfinex have been in excess of 16% for the past 12 months.

Traders borrow these assets primarily for leverage trading via major cryptocurrency exchanges. Demand is strong and growing — several platforms have recently introduced margin trading functionality or increased the maximum leverage available to traders.

Returns have exceeded the hurdle rate since inception, with consistent net returns at rates of approximately 11%, while crypto lenders such as Celsius and Nexo provide just 8% in USD equivalent.
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Board Bitcoin Discussion
Re: What are the dangers inside cryptocurrency investing
by
numizmat
on 01/11/2019, 06:41:35 UTC
Most people understand the good perspective of investments in cryptocurrency quite well, buy they afraid to invest in cryptocurrency just because they (1) can’t choose a specific coin to invest, and they are also (2) afraid that they will be late with the withdrawal of cash in the case of the widespread collapse of the entire cryptocurrency market (as it was in December 2017 - January 2018) - they simply do not have enough experience and time to keep track of all this stuff related to cryptocurrency.

However, in most cases, these concerns can be mitigated significantly by placing assets into some crypto investment fund, which will rationally redistribute assets depending on the market analysis between different coins and cash.

For example, Crypto10 smart index fund provides investors with exposure to the top 10 cryptoassets by market capitalisation, while limiting loss of capital through a dynamic cash hedging mechanism. The weekly rebalance period allows the fund to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market. For example, in January 2018, the algorithm rapidly allocated the funds to cash, providing drawdown protection.
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Topic
Board Service Discussion
Re: Does CoinMarketCap (CMC) manipulates the market?
by
numizmat
on 09/09/2019, 16:25:08 UTC
Many of such manipulation caused by the fact that CMC generally issues aggregating prices - ticker data - while not providing per-market+exchange charts/data. Some of their competitors like https://coin.market/ provide such  trades data, so you can calculate how much volume in each moment and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - it allow to easily avoid such manipulations from shady exchanges.
For example, you can also check how many trades were in a selected pair in a selected price range on all exchanges or on each exchange they follow. So, for example, if you want to see xrp/eth on binance it allows to do that. CMC aggregates xrp/eth xrp/btc xrp/usd into XRP, and doesn't allow you to see it individually.
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Board Altcoin Discussion
Re: Whats wrong with Coinmarketcap?
by
numizmat
on 09/09/2019, 16:06:02 UTC
Their core issue, is, probably, that CMC provides ticker data - tells you the price, market, exchange and 24h volume. Some of their more advanced competitors like Coin.Market already provide live trades data, so you can calculate how much volume was for 1 second, 1 minute, or 1 hour and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - that provides much better protection from fake price and volume data.
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Topic
Board Marketplace
Re: Beat CoinMarketCap
by
numizmat
on 09/09/2019, 15:53:53 UTC
https://coin.market/ is much more reliable alternative - it provides more meaningful trades data (not ticker data, like CMC and most of the competitors), so you can calculate how much volume was in each time frame an you can also check how many trades were in a selected pair in a selected price range on all exchanges or on each exchange they follow. So, for example, if you want to see xrp/eth on binance it allows to do that. CMC aggregates xrp/eth xrp/btc xrp/usd into XRP, and doesn't allow you to see it individually.
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Topic
Board Bitcoin Discussion
Re: CoinMarketCap faking volume
by
numizmat
on 09/09/2019, 15:39:29 UTC
It is because CMC generally issues aggregating prices, ticker data which are not providing per-market+exchange charts/data. Some of their competitors like https://coin.market/ provide such trades data, so you can calculate how much volume was for 1 second - so you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - it allow to easily avoid such faking of trade volumes from shady exchanges.
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Board Service Discussion (Altcoins)
Re: What other sites do you use besides CoinMarketCap for trade volumes?
by
numizmat
on 09/09/2019, 15:32:11 UTC
Consider https://coin.market/ for more reliable monitoring of trade volumes - it provides more meaningful trades data (not ticker data, like CMC and most of the competitors), so you can calculate how much volume was in each time frame an you can also check how many trades were in a selected pair in a selected price range on all exchanges or on one exchange.
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Topic
Board Service Discussion (Altcoins)
Re: Best Alternative To Coinmarketcap
by
numizmat
on 09/09/2019, 15:21:36 UTC
CMC generally issues aggregating prices, ticker data, not providing per-market+exchange charts/data. Some of their competitors like Coin.Market provide more meaningful trades data, so you can calculate how much volume was for 1 second, 1 minute, or 1 hour and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange
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Topic
Board Service Discussion
Re: CMC's new ranking approach kicks in Sep 2
by
numizmat
on 09/09/2019, 15:02:52 UTC
Their core issue, I guess is that CMC provides ticker data, not trade data. Some of their more advanced competitors like Coin.Market already provide such data (trades data), so you can calculate how much volume was for 1 second, 1 minute, or 1 hour and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - that provides much better protection from such fake data for users.
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Topic
Board Service Discussion (Altcoins)
Re: List of CoinMarketCap Alternatives
by
numizmat
on 09/09/2019, 14:52:08 UTC
Consider adding https://coin.market/ in your list, it provides more meaningful trades data (not ticker data, like most of the services it the list), so you can calculate how much volume was in each time frame an you can also check how many trades were in a selected pair in a selected price range on all exchanges or on one exchange.
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Topic
Board Altcoin Discussion
Re: Alternatives to Coinmarketcap
by
numizmat
on 09/09/2019, 14:46:34 UTC
https://coin.market/ provides more meaningful trade data (not ticker data, like CMC), so you can calculate how much volume was in each time frame, even for 1 second, 1 minute and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange.

CoinMarketCap provides ticker data which tells you the following: price, 24h volume, market (xrp/usd, eth/btc, etc.) and exchange (binance, coinbase, bitstamp etc.)

Coin.Market provides trades data which tells you the following: price, amount traded, market (xmr/usd, xmr/btc...), exchange (binanace, coinbase...), time, if the trade was a buy or a sell -so with trades you can calculate how much volume was for each second, each minute and so on.
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Topic
Board Bitcoin Discussion
Re: Fake trade volumes
by
numizmat
on 09/09/2019, 14:31:35 UTC
It is because CMC generally issues aggregating prices, not providing per-market+exchange charts/data. Some of their competitors like https://coin.market/ provide such  trades data, so you can calculate how much volume was for 1 second, 1 minute, or 1 hour and so on - you can also check how many trades were to get, for example, btc/usd in a selected price range on all exchanges or on one exchange - it allow to easily avoid such fake numbers from shady exchanges.
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Topic
Board Altcoin Discussion
Re: ICO Is Really A Good Investment or Not?
by
numizmat
on 26/04/2018, 04:51:06 UTC
It seems, like recent updates in UK regulation policies UK watchdog says license needed to trade cryptocurrencies was really a great news for good ICOs from reputable founders, it would give more value to such ICOs which plans to work further with government regulators to avoid lots of future scams and consider them as real investments.

That's why it seems to me what some recent UK ICOs, designed according to UK legislation seems worth investing - like LCCX which already works with UK Financial Conduct Authority (FCA), located in London - Forget The London Stock Exchange, Say Hello To The London Cryptocurrency Exchange (LCCX)! Their another idea of keeping client fund in offline mode using cold storage vaults for 60% - 75% percent is also really viable. It is a very wise approach to crypto - to be 100% legal these days.
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Board Altcoin Discussion
Re: How to Choose a Good ICO
by
numizmat
on 26/04/2018, 04:34:49 UTC
Choose ICOs with a good idea (market demand, roadmap, profitability) from good people (reputation, experience).
There are also lots of good cryptocurrency blogs with well explained comparisons of recent ICOs, for example, here is a good recent one, all the guy' previous advice seems trustworthy: 5 Moon-shot ICOs set to shine in April and May 2018 - btw, his top 5 ICOs to invest in these two monts are: LCCX, Truegame, BitRewards, Minerva, XTRD.
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Board Altcoin Discussion
Re: What do You looking for in ICO?
by
numizmat
on 26/04/2018, 04:08:06 UTC
I guess we should look for ICOs with a good strategy (market demand, proven business model) from experienced team.
There are also lots of reputable blogs with actual ICO comparisons - for example this guy' previous advice seems trustworthy, that's how a ICO comparison should look like: 5 Moon-shot ICOs set to shine in April and May 2018 - LCCX, Truegame, BitRewards, Minerva, XTRD
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Board Altcoin Discussion
Re: So many new ICO, how to check if it's scam?
by
numizmat
on 26/04/2018, 04:01:58 UTC
Look for projects with a good profitable idea with growing market demand.
There are also some good cryptocurrency blogs with regular reviews and comparisons of recent ICOs, for example, here is a good recent one, all their previous advice seems trustworthy: 5 Moon-shot ICOs set to shine in April and May 2018
BTW, his top 5 ICOs to invest in these two months are:
1. LCCX
2. Truegame
3. BitRewards
4. Minerva
5. XTRD