Wednesday, March 18, 2020

Congress Proposal to Give Everyone $2000/mo Strengthens Case for Bitcoin (current BTC/USD price is $5,318.58)

Latest Bitcoin News:

Congress Proposal to Give Everyone $2000/mo Strengthens Case for Bitcoin

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


[Daily Discussion] Thursday, March 19, 2020

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Thursday, March 19, 2020

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


BitMex Crash Actions

On Mar 12 the price of Bitcoin started to crash. After stopping briefly at 5600 the price fell below 3900 on all major fiat exchanges. The magnitude of this movement placed a huge stress on the ability of Bitmex to handle liquidations of losing traders. In theory BitMex will in this situation:

Liquidate a position when the account equity is not enough to cover the loss on the position. If the liquidation price is better than the bankruptcy price, the excess goes into the insurance fund. If the liquidation price is worse, the insurance fund covers the difference. If the insurance fund runs out, the winning trader is auto deleveraged.

This move was different, the move was so sharp that Bitmex chose to leave liquidations hanging. At one point there was 20m in bids and over 100m in pending long liquidations. Any move to fill these liquidations as designed would risk fully wiping out the insurance fund. Bitmex decides to gamble and protect the insurance fund and the site by not filling liquidations. At this point Bitmex needs the price to pump, yet it is held down by these liquidations. The most amazing possible thing to save the site would be a temporary pause to allow spot to pump and orderbooks to fill. Bitmex gets their miracle as an ‘unplanned cloud physical event’ (later re-classified as a 'DDOS attack on the chat box' occurs). It is impossible to know the exact details behind this action. What is known and that Bitmex agrees to: this event was enormously beneficial (possibly saving the entire site), and trivially within the ability of Bitmex to carry out.

Once the site was down the price was able to pump. When the site comes back online, traders who were short are now liquidated based on the mark price (5400) even though the actual orderbooks are trading at (4500). Bitmex is able to create a forced bid (short liquidation) and use this to fill a forced ask (long liquidation) while the insurance fund profits off this entire spread. As the market stabilizes Bitmex continues to send in long liquidations for several hours. The gamble paid off and the insurance fund increases after a catastrophic event, to over 36,000 coins.

What does this mean?

Bitmex will act to preserve itself when market stress arises. The insurance fund will switch from a theoretical backstop to a speculative trading instrument controlled by Bitmex trading in its own interest. I have always considered Bitmex one of the most trustworthy sites, I have never come across a credible report of them stealing or having weak security. This event however demonstrates that their advertised systems are at the whim of what they feel is needed for the site and their insurance fund will exploit traders as needed in extreme situations.


BitMex Actions During The Crash

On Mar 12 the price of Bitcoin started to crash. After stopping briefly at 5600 the price fell below 3900 on all major fiat exchanges. The magnitude of this movement placed a huge stress on the ability of Bitmex to handle liquidations of losing traders. In theory BitMex will in this situation:

Liquidate a position when the account equity is not enough to cover the loss on the position. If the liquidation price is better than the bankruptcy price, the excess goes into the insurance fund. If the liquidation price is worse, the insurance fund covers the difference. If the insurance fund runs out, the winning trader is auto deleveraged.

This move was different, the move was so sharp that Bitmex chose to leave liquidations hanging. At one point there was 20m in bids and over 100m in pending long liquidations. Any move to fill these liquidations as designed would risk fully wiping out the insurance fund. Bitmex decides to gamble and protect the insurance fund and the site by not filling liquidations. At this point Bitmex needs the price to pump, yet it is held down by these liquidations. The most amazing possible thing to save the site would be a temporary pause to allow spot to pump and orderbooks to fill. Bitmex gets their miracle as an ‘unplanned cloud physical event’ (later re-classified as a 'DDOS attack on the chat box' occurs). It is impossible to know the exact details behind this action. What is known and that Bitmex agrees to: this event was enormously beneficial (possibly saving the entire site), and trivially within the ability of Bitmex to carry out.

Once the site was down the price was able to pump. When the site comes back online, traders who were short are now liquidated based on the mark price (5400) even though the actual orderbooks are trading at (4500). Bitmex is able to create a forced bid (short liquidation) and use this to fill a forced ask (long liquidation) while the insurance fund profits off this entire spread. As the market stabilizes Bitmex continues to send in long liquidations for several hours. The gamble paid off and the insurance fund increases after a catastrophic event, to over 36,000 coins.

What does this mean?

Bitmex will act to preserve itself when market stress arises. The insurance fund will switch from a theoretical backstop to a speculative trading instrument controlled by Bitmex trading in its own interest. I have always considered Bitmex one of the most trustworthy sites, I have never come across a credible report of them stealing or having weak security. This event however demonstrates that their advertised systems are at the whim of what they feel is needed for the site and their insurance fund will exploit traders as needed in extreme situations.


In my city, a sewing and dressmaking workshop makes facial masks to give to people. They need your help to continue

Hello friends, while in Venezuela at the end of the third day of Quarantine in 7 states of the 23 of the country, it has been officially confirmed by the President of Venezuela that the official number of people infected with coronavirus amounts to 36 people infected, for this reason and with the purpose of stopping the spread of the virus in the national territory has decreed quarantine in the 23 states of the country with closure in the limits of each state, no one can leave or enter from one state to another. Between so much anxiety and so much anguish caused by the arrival of the coronavirus in my country, I have seen something very beautiful and very positive, among all the sadness, in my city there is a tailor and sewing workshop in which they are in charge of making flannels and pants that They are marketed in the state of Táchira as well as for export to the border of Colombia and Venezuela, in view of the events of recent days regarding the sale and high price of face masks, they have been given the task of making face masks to give away to The different people from neighboring communities totally free, these face masks are made with materials and fabrics that should be made flannels, but their owners have decided to do face masks as social work and help people with limited resources.

https://imgur.com/xDg3GTG

https://imgur.com/FBGmyAm

https://imgur.com/gQPsTrR

In the first stage, it is expected that they can make around 2000 face masks to be donated and given to people, but they hope to receive donations of both fabrics and money from private companies to be able to carry out a greater number of face masks and be donated to those who do not have the resources to protect themselves from the infectious Coronavirus. Attempts have been made to contact different textile and fabric sales companies to try to request collaboration on fabrics and threads that are necessary to be able to perform face masks.

https://imgur.com/BucKmC0

https://imgur.com/8PiFaRs

https://imgur.com/24hbiM0

I have known about this case through my neighbors and acquaintances whom I have helped with the Bitcoin Cash adoption campaigns, I have decided to visit this tailor and sewing workshop with my father and it has seemed to us a very beautiful and great work heart on the part of the owners of this workshop. We have put ourselves in order to collaborate and likewise talk to you about Bitcoin Cash and I promised to write this publication to make the world known about this initiative to help and contribute in a good way. All the Money raised with this publication will be donated to this sewing workshop to buy fabric, its power to continue making face masks to donate and give to people with limited resources who do not have the money to buy face masks at sale prices. in Pharmacies for 5 dollars. We hope you can collaborate and this workshop can continue giving hope and thus be able to avoid the spread and spread of this virus. Thanks for every contribution made.

https://imgur.com/14NiaRz

Donation:

bitcoincash:qzsmn7lzl087j34n3kx4ptk2a8pwudyg4qetrq55lc

Bitcoin:

1FbmHa9HwFoBSKN7ZfdgEtiesv18fMuRLA

Ethereum:

0xe4676136df73a108096e9715fcb3483e779762b5


Bitcoin suffers worst day in seven years (current BTC/USD price is $5,385.17)

Latest Bitcoin News:

Bitcoin suffers worst day in seven years

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


i just got scammed trying to convert an amazon gift card to bitcoin via paxful . It was my first time, i had no idea how to trade safely . i did not read the guide lines well enough

i got scammed on paxful after giving an amazon gift card to someone in exchange for bitcoin. After he redeemed the card, he told me that i should cancel the transaction because the card wasn't mine and he won't be able to redeem the card because it was purchased using a credit card, only for me to find out later on that the card was already redeemed. I tried writing the guy but he had already blocked me



i just got scammed trying to convert an amazon gift card to bitcoin via paxful . It was my first time, i had no idea how to trade safely . i did not read the guide lines well enough (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/fl0i5c/i_just_got_scammed_trying_to_convert_an_amazon/

Updated Official Links for Mousecoin (MIC3)



A Guide to Bitcoin Halving, and What To Expect in 2020

https://blog.coinmarketcap.com/2020/03/18/a-guide-to-bitcoin-halving-and-what-to-expect-in-2020/

A Beginner's Guide on Why and How to Invest in Bitcoin?



Can Bitcoin separate from the independent market

Recently, the price of Bitcoin plunged to $ 3,600 on BitMEX and $ 3,800 on Bitfinex, setting the worst one-day drop in seven years. The sell-off coincided with a sharp correction in the US stock market.

Bitcoin, at least in theory, should be a safe-haven asset immune to the turbulence of traditional financial markets. However, in the past two weeks, as investors frantically sold high-risk assets, Bitcoin has begun to fall in sync with the stock market.

Do US stocks dive leading crypto market down?

Over the past week, the bitcoin price has responded to several key events, including President Trump's announcement of a 30-day travel ban between the United States and Europe, and the Federal Reserve's announcement to reduce the federal benchmark interest rate to 0.00% -0.25% Levels and more.

Compared with the trend of S & P 500, Bitcoin is almost the same as Bitcoin.

https://preview.redd.it/2asc4s2plfn41.png?width=600&format=png&auto=webp&s=495f610ada720436a3abfd8e97d66ac062def543

OKEx's advanced analysis is that William told Golden Finance, "Just as bitcoin price has no correlation with gold, there is no obvious correlation between bitcoin and U.S. stocks. The reason why U.S. stocks and bitcoin are falling is that the market is too lacking Liquidity, all funds are looking for safe, liquid assets. "

He explained by way of example that, in normal time, the water in the well is difficult to connect with the water in the lake; but the sky fell and the water levels of the lake and the well fell sharply. Even so, there was not much connection between the two sides. Just because of the influence of the big climate.

US stocks are about to open. How is Bitcoin trending?

In the early morning of March 18, local time, all three major US stock index futures fell, triggering trading restrictions.

The S & P 500 index futures contract for June 2020 fell to 2393.50 points, down 3.70%, hitting trading restrictions. The NASDAQ (7334.78, 430.19, 6.23%) index futures contract for June 2020 fell to 7064.25 points, hitting trading restrictions. The Dow Jones (21237.3809, 1048.86, 5.20%) index for the June 2020 contract was reported at 2039 points, which also hit trading restrictions.

Only 2 hours from the opening of the US stock market, will the US stocks reappear?

In this regard, industry analysts believe that the current US government is preparing to introduce the US $ 700 billion to the US $ 1 trillion stimulus plan and issue it directly to the public. All the US stocks rose due to this positive impact yesterday. But whether the liquidity crisis can be resolved is still a question mark. In addition, there are already confirmed cases in all states in the United States, the number of confirmed diagnoses in Europe is also rising sharply, a large number of factory shutdowns, which has a great impact on the stock market, so the probability of US stocks will fall in the next few months. Investors are not advised to take a dip at this time. It is now a crisis period and a dip is now a high-risk event. Regarding Bitcoin, it is recommended that you do not buy it, for the time being, at least it is not too late to buy it after the liquidity crisis has passed.

In terms of technical indicators, BTC remained within the rising triangle range formed after the recent big drop. The rebound started yesterday evening with the rise of U.S. stocks, but the strength was limited, and it was difficult to form a more powerful rebound in the short term. After wearing the Bollinger Middle Rail for 4 hours, the MACD bullish measuring column started to weaken above the 0 axes. The fast and slow lines have flattened, and the short-term upward momentum is insufficient. In the near future, it is still shock-organized. Parallel head up, volume matching, and breaking through the 4-hour potential double bottom neckline to suppress the high point of $ 5,950. Later, it is expected to test the previous low of 6400-6500. At present, the support below is the uptrend line. Today's limit is 4850. US dollar, the next 4-hour level is 4880 US dollars, short-term support to increase about 30 US dollars every 4 hours, the short-term operation can pay attention to these positions, the current overall maintenance of the triangle interval, waiting for direction choice.

https://preview.redd.it/gi1j9jewlfn41.png?width=600&format=png&auto=webp&s=bcdd2da52cd6a7de41d561c21760d8ff7eb6fc32


That's right, the correlation between Bitcoin and U.S. stocks is hitting a record high

On March 12, due to the panic caused by the rapid spread of New Coronary Pneumonia, the price of bitcoin fell sharply on a single day, and the rest of the cryptocurrencies generally followed suit. Most cryptocurrencies fell more than 30% weekly.

Source: Coin Metrics Reference Rates

The latest Coinmetrics report analyzes the reasons for the crash, specifically pointing out that the correlation between Bitcoin and S & P hit a record high. At the same time, data shows that short-term investors have promoted the large-scale selling of cryptocurrencies.

相关 BTC and S & P correlation reach record high

历史 BTC's historic one-day price decline coincided with the worst day in the US stock market since 1987. On March 12, the Pearson correlation coefficient between BTC and the S & P 500 soared to an all-time high of 0.52, the previous record high of 0.32. This shows that the crypto asset market is increasingly connected to existing traditional markets and is more sensitive to external events than ever before.

Source: Coin Metrics Reference Rates

Over the past week, the bitcoin price has responded to several key events, including President Trump's announcement of a 30-day travel ban between the United States and Europe, and the Federal Reserve's announcement to reduce the federal benchmark interest rate to 0.00% -0.25% Levels and more. Below is a comparison of the timing of some key events over the past week with the price of Bitcoin.

Source: Coin Metrics Reference Rates

BTC sellers seem to be mainly short-term holders

According to the data on the blockchain, the recent sell-off of bitcoin transactions has mostly come from relatively short-term traders and recent entry holders. At least so far, long-term holders remain bullish.

MeCoin Metrics' Supply Activation Index tracks how many coins that have not moved during a particular period of time re-enter circulation. On March 11, approximately 281k bitcoins that had not been moved within 30 days re-entered circulation, while only 4,131 bitcoins that did not move within one year entered circulation. This shows that the two-day trend on March 11 and March 12 involved bitcoin with little one-year long-term holders.

https://preview.redd.it/3nh814wr8fn41.png?width=700&format=png&auto=webp&s=e57322372ebb70f1607c3beb26a832d42e9fcbf0

March 11 is the fourth largest peak in the number of unremoved bitcoins in the past eight years and 30 days.

https://preview.redd.it/pqdyx40v8fn41.png?width=700&format=png&auto=webp&s=0961fe5006aff0f9dbc83875fbdd5d113674ab2f

Long-term holders have not wavered, and the number of Bitcoins that have not moved and re-entered into circulation during the one-year period has not increased abnormally.

BTC MVRV index drops below 1

MVRV above 1 indicates that speculators value the market higher than holders, and MVRV below 1 indicates that holders value the market higher than current speculators. When the MVRV is lower than 1, it is not so easy for the holder to immediately sell for a profit.

MVOn March 12, the MVRV index fell to 0.5, the largest one-day drop since December 2013. It turns out that the period when the MVRV index fell below 1 in the past is also the best time to buy more Bitcoin at a discounted price.

https://preview.redd.it/7yh06vq49fn41.png?width=700&format=png&auto=webp&s=0fe23df28a05e53fee318877fa11ec60518530aa

to sum up

MetricCoinmetrics finally concluded that after a crazy sell-off in the past week or so, although the price of bitcoin has fallen sharply, multiple figures are reassuring. The sell-off seems to be mainly caused by short-term investors stepping on fear, and long-term holders have so far been relatively stable. At the same time, as Bitcoin MVRV dropped below 1, it seems to have entered the historically attractive price-sucking range.


An Open Letter to Monero

We've inherited some extraordinary events, and are all in the soup together. Give us peace. Each of us has our own situation, but a lot of us our finding ourselves with a surplus of time. It's become a popular meme to make it funny to kill time, I'd like to suggest that instead we use that time as wisely as we can. It's our leading asset right now.

Hoarding is vote of no confidence and we're watching the Federal Reserve Company inject pure adrenaline, further watering down the petrodollar. It's 2008 again. Out of that wreckage we saw Bitcoin take off, but Bitcoin's got problems, issues like fungibility and privacy erode confidence, and then when your store-of-value argument gets cut in half,...well,...you've got problems that can only be solved by the next generation. For example, Google and not Alta Vista coming out of the 2000 dot-com bubble.

Down markets are the best time to expand market share, it's the best time to maintain or even expand your ad budget when everyone else is turtled up. We can take that truism from business and apply it to our work of creating and sharing fair and private money.

Things To Do:


1.) Contribute to a Monero community workgroup. Writers, designers, translators and all kinds of volunteers are needed. You don't even need to join in a formal way, often tasks are posted and you can just help out where you can. A specific mention to the Localization workgroup (https://github.com/monero-ecosystem/monero-translations) since that's something that lot's of people can help with and the Monero community creates alot of awesome content to translate. Here's a list of all the Monero workgroups: https://www.monerooutreach.org/stories/getting-started-helping-monero.html

2.) Create something, anything. Now's a good time to learn and practice your skills. Videos, artwork, coding, embroidery, you name it. @MoneroMemes (https://twitter.com/MoneroMemes) is always looking for contributions.

3.) Learn More. The Monero Community Workgroup YouTube channel is a great place to start: (https://www.youtube.com/channel/UCKxLNPJeEjPXOke55i5AIXA) The Breaking Monero series is awesome, but there's also all the 2019 Konferenco talks and the Critical Decentralisation Cluster 36c3 talks. Don't forget reading, there's Mastering Monero (https://masteringmonero.com) and Zero to Monero (https://www.getmonero.org/library/Zero-to-Monero-1-0-0.pdf)

4.) Be well and add something to this list.


Bitcoin selected as "Top 100 Modern Design Products" by Fortune Magazine

Fortune magazine recently released the "The greatest designs of modern times" list. "Bitcoin" was selected and ranked 90th. IDEO founder David Kelley gave Bitcoin a comment: Bitcoin is designed to allow a wide range of stakeholders-developers, investors, companies, miners, and individuals-to use an incentive mechanism. Adopt a brand new digital currency without the need for any centralized issuer or management agency. In the more than 10 years since its release, the value of bitcoin has been close to 200 billion US dollars (note: after the sharp fall last week, the real-time market value of bitcoin is currently 94.9 billion US dollars), which is used by millions of people around the world. I don't think any other product in world history can guide itself so effectively.

https://preview.redd.it/r9811qlehfn41.jpg?width=760&format=pjpg&auto=webp&s=d3b6a416257adbceed5241beb0ac17fc77ac0bb4



How To Buy Bitcoins From Coinbase

Coinbase Bitcoins is highly volatile, and often easy to buy, sell and hold bitcoin on trade marketplace.

On this platform you are allowed to purchase as many bitcoins as you like. If you feel the price sounds too steep, you don’t need to buy an entire bitcoin , and also you can just participate in the market and also you can purchase just a small fraction of one bitcoin.

If you want more understanding about how to buy bitcoins from Coinbase, then check out the guide below.

How To Buy Bitcoins From Coinbase

1. Sign-up For Coinbase Account

How To Buy Bitcoins From Coinbase

Go to https://www.coinbase.com/

On the top right-hand corner of the page Click “Sign up” and Fill in your details

Check the “I agree to the User Agreement and Privacy Policy”.

Then click “Create Account”.

How To Buy Bitcoins From Coinbase

2. Verify the activation key via email address

How To Buy Bitcoins From Coinbase

Once you click on the create account button you will get an verification email with an activation key.

How To Buy Bitcoins From Coinbase

To get started into your account just click on the link in the email

After this Coinbase subjected you to enter your mobile number.

Once you enter your mobile number you will receive the OTP (One Time Password) you will have to click on ‘Send Code’.

How To Buy Bitcoins From Coinbase

3. Get verified on Coinbase

How To Buy Bitcoins From Coinbase

Enter the mobile verification code, it will verify.

After this you will now get logged into the dashboard of your Coinbase account.

How To Buy Bitcoins From Coinbase

After this step you can sign up, connect your bank account.

In the meanwhile step it is needed to cross some verification steps before you can use the account.

How To Buy Bitcoins From Coinbase

Once after all these verification steps are completed, you will be allowed to start the purchase.

How To Buy Bitcoins From Coinbase

4. Setup Two Factor Authentication

Click on your dashboard the Settings button https://www.coinbase.com/settings/ and select Security.

How To Buy Bitcoins From Coinbase

How To Buy Bitcoins From Coinbase

Click on the Two-factor-authentication tab.

How To Buy Bitcoins From Coinbase

Here you will get an option to scan a barcode which you can use the Google authenticator or any other authenticator for it.

In this you also have an option to manually enter the key in the Google Authenticator app or scan the QR code.

How To Buy Bitcoins From Coinbase

Either way, you can enter and keep safe of the OTP . This will help you in the event that you need to reset it.

A one time password will be generated, Once you finish up this scanning or manual input .

How To Buy Bitcoins From Coinbase

Next step write/copy in the One-time password empty field.

Repeat this again and again whenever you log in to your account or perform any other operations. This kind of opening the Google Authenticator app and inserting the one time password given there will protect your account more securely from the hackers.

5. Funding your Coinbase account

Next step is to fund your Coinbase account from your bank account.

Click the Accounts tab and select your preferred cryptocurrency

Using a credit/debit card on Coinbase means higher fees but offers instant purchasing.

Using a bank transfer is cheaper but slower hardly it takes a week to buy for coins

How To Buy Bitcoins From Coinbase

If you are sending funds, please make sure that you are sending funds to the correct address, either BTC or ETH

📷

How To Buy Bitcoins From Coinbase

Once your payment details are verified, click ‘buy/sell’ on the top menu.

6. Start trading Bitcoin from Coinbase

In this select for any coin that you wish to ‘Buy/Sell’ for purchase.

📷

How To Buy Bitcoins From Coinbase

At the bottom of the page you find the option to choose how much to spend in your local currency / how many coins you want to buy.

📷

How To Buy Bitcoins From Coinbase

Once you’re happy with the amount, click the big ‘Buy’ button.

Congratulations! You bought your first Bitcoin crypto on COINBASE

Don't sell your XLM

The coronavirus epidemic is on everyone’s mind right now — together with the losses in the crypto market. But even though the situation isn’t looking good right now, we are pretty certain that the crisis in the crypto market will pass. The price of XLM will grow again, so don’t sell your coins!

Do you remember what happened in the crypto market when the virus outbreak started in China? Bitcoin price skyrocketed to $10,000. People said that the virus is good for Bitcoin. The idea was that investors would sell their stocks and buy Bitcoin to protect their wealth.

Fast-forward a couple of months, and we’re living in a different world. In the past couple of weeks, Bitcoin lost half of its value. Sure, it happened before, but never so fast and never by so much is USD equivalent. With over $4000 off the price in a week, billions of dollars were wiped out. And it’s not just a big sell-off — some say that institutional investors are offloading their BTC in panic.

Stellar followed suit, unfortunately. The chart has been in the red for days. But does this mean you should sell? No. Here are 3 reasons why the price of Stellar will rise again, and quite soon.

1) Fundamentally crypto isn’t really tied to real-world assets. Analysts proved this using data for the past 10 years, since the era of crypto began. There is no long-term correlation between the price of BTC and other digital currencies and the price of oil. Stocks, gold and so on. What we are seeing now is simply panic, human emotions.

XLM and other coins can react to events in the world for a short while, but they don’t follow the same trends, even in the mid-term. When Bitcoin halving comes in May, it will be more important than the virus.

2) China is reopening for business. As you know, most of global crypto mining is concentrated in China. Of course, Stellar isn’t mined, but it’s sensitive to the market as a whole, and to the price of Bitcoin. And Bitcoin is mined — mostly in China. A couple of months ago we were worried that Chinese mining farms would close, that ASIC chip manufacturers would close etc. But now the epidemic in China is over, companies are reopening, people are starting to go to work. This means that the crypto mining industry is also safe.

3) There will be a boom once the outbreak is over. After each huge crisis, there is explosive growth. It happened after the swine flu in 2009, and it will likely happen this time. Western countries are taking very drastic measures to contain the virus, and these measures are working. So don’t believe people who say that everyone is going to day. The emergency might last several months, but when it’s over, the crypto market will explode in a good way. Stellar has a particularly strong potential for growth, because it was quite cheap even before the epidemic.

What’s the bottom line? Don’t sell your XLM. Keep them in our XLMwallet and simply wait.

Remember that XLMwallet is the best place to store your Stellar, because you can:

- Send XLM to email addresses;

- Launch your own assets and ICOs;

- Easily merge Stellar accounts;

- Open new accounts right inside the wallet;

- Get balance updates on any device;

- Manage multiple accounts…

…and more!

Next time we’ll remind you about the advantages of the wallet in more detail. For now, stay safe, don’t panic and hold on to your crypto!

https://xlmwallet.co/


[March 18, 2020] Weekly Electra Discussion Thread!

Welcome to the /r/Electra_Currency Weekly Discussion Thread


Current important posts



Thread Guidelines:


  • Be familiar with the subreddit rules..
  • Please be helpful and friendly.
  • DON'T DISCUSS YOUR HOLDINGS WITH OTHERS!

Daily discussions will be used for:


  • Quick questions that do not warrant a separate post.
  • General discussion related to the week's events.


How To Buy Bitcoins From Coinbase

Coinbase Bitcoins is highly volatile, and often easy to buy, sell and hold bitcoin on trade marketplace.

On this platform you are allowed to purchase as many bitcoins as you like. If you feel the price sounds too steep, you don’t need to buy an entire bitcoin , and also you can just participate in the market and also you can purchase just a small fraction of one bitcoin.

If you want more understanding about how to buy bitcoins from Coinbase, then check out the guide below.

How To Buy Bitcoins From Coinbase

1. Sign-up For Coinbase Account

How To Buy Bitcoins From Coinbase

Go to https://www.coinbase.com/

On the top right-hand corner of the page Click “Sign up” and Fill in your details

Check the “I agree to the User Agreement and Privacy Policy”.

Then click “Create Account”.

How To Buy Bitcoins From Coinbase

2. Verify the activation key via email address

How To Buy Bitcoins From Coinbase

Once you click on the create account button you will get an verification email with an activation key.

How To Buy Bitcoins From Coinbase

To get started into your account just click on the link in the email

After this Coinbase subjected you to enter your mobile number.

Once you enter your mobile number you will receive the OTP (One Time Password) you will have to click on ‘Send Code’.

How To Buy Bitcoins From Coinbase

3. Get verified on Coinbase

How To Buy Bitcoins From Coinbase

Enter the mobile verification code, it will verify.

After this you will now get logged into the dashboard of your Coinbase account.

How To Buy Bitcoins From Coinbase

After this step you can sign up, connect your bank account.

In the meanwhile step it is needed to cross some verification steps before you can use the account.

How To Buy Bitcoins From Coinbase

Once after all these verification steps are completed, you will be allowed to start the purchase.

How To Buy Bitcoins From Coinbase

4. Setup Two Factor Authentication

Click on your dashboard the Settings button https://www.coinbase.com/settings/ and select Security.

How To Buy Bitcoins From Coinbase

How To Buy Bitcoins From Coinbase

Click on the Two-factor-authentication tab.

How To Buy Bitcoins From Coinbase

Here you will get an option to scan a barcode which you can use the Google authenticator or any other authenticator for it.

In this you also have an option to manually enter the key in the Google Authenticator app or scan the QR code.

How To Buy Bitcoins From Coinbase

Either way, you can enter and keep safe of the OTP . This will help you in the event that you need to reset it.

A one time password will be generated, Once you finish up this scanning or manual input .

How To Buy Bitcoins From Coinbase

Next step write/copy in the One-time password empty field.

Repeat this again and again whenever you log in to your account or perform any other operations. This kind of opening the Google Authenticator app and inserting the one time password given there will protect your account more securely from the hackers.

5. Funding your Coinbase account

Next step is to fund your Coinbase account from your bank account.

Click the Accounts tab and select your preferred cryptocurrency

Using a credit/debit card on Coinbase means higher fees but offers instant purchasing.

Using a bank transfer is cheaper but slower hardly it takes a week to buy for coins

How To Buy Bitcoins From Coinbase

If you are sending funds, please make sure that you are sending funds to the correct address, either BTC or ETH

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How To Buy Bitcoins From Coinbase

Once your payment details are verified, click ‘buy/sell’ on the top menu.

6. Start trading Bitcoin from Coinbase

In this select for any coin that you wish to ‘Buy/Sell’ for purchase.

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How To Buy Bitcoins From Coinbase

At the bottom of the page you find the option to choose how much to spend in your local currency / how many coins you want to buy.

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How To Buy Bitcoins From Coinbase

Once you’re happy with the amount, click the big ‘Buy’ button.

Congratulations! You bought your first Bitcoin crypto on COINBASE


Trader and analyst Tone Vays shares his perspective on the situation in China and the rest of the world, as well as the consequences of these events for Bitcoin and its price.

https://forklog.media/tone-vays-miners-have-largely-left-china-people-just-dont-want-to-believe-it

Download offline ethereum

Download Offline Ethereum has an inbuilt digital currency Ethereum’s token is called Ether, abbreviated to ETH. This is a cryptographic money that can be exchanged for different digital forms of money or other sovereign monetary forms, much the same as BTC.

Its present worth is around US$13 per ETH token (Oct 2016). Token proprietorship is followed on the Ethereum blockchain, much the same as BTC possession is followed on Bitcoin’s blockchain, however at a specialized level they track them in somewhat various manners. For additional on cryptographic forms of money and tokens see a delicate prologue to computerized tokens. How is

Download Offline Ethereum distinctive to Bitcoin? This is the place it gets increasingly specialized and from various perspectives progressively unpredictable. Ethereum’s square time is shorter In

Download Offline Ethereum the time between squares is around 14 seconds, contrasted and Bitcoin’s ~10 minutes. This implies overall in the event that you made a Bitcoin exchange and an Ethereum exchange, the Download Offline Ethereum exchange would be recorded into Ethereum’s blockchain quicker than the Bitcoin.


03-18 08:14 - 'USDT - Tether & The US Dollar, Will USDT hyperinlate and loose value along with USD?' (self.Bitcoin) by /u/dcryptobomb removed from /r/Bitcoin within 2576-2586min

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I would like to start a discussion and ask a question at the same time. To begin I must say I have been a trader / investor for over two years. Due in part to a lot of terrible press, I stayed away from USDT for a long time - I just don't trust it. Recently I started using Tether again because I had to concede, USDT has the liquidity I need to trade.

My question is, as the Federal Reserve cuts interest rates and prints Trillions of dollars in stimulus money, what happens to the value of Tether which afterall is based on the value of USD? My second question is, if the US Dollar faces a hyperinflationary event will Tether's value remain stable?

Recently I started thinking about creating a reserve of USDT and/or compounding interest, however; If Tether can be inflated/deflated at will like the US dollar, what is to stop USDT from hyperinflating?

'''

USDT - Tether & The US Dollar, Will USDT hyperinlate and loose value along with USD?

Go1dfish undelete link

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Author: /u/dcryptobomb


BCH listing event on crypto.com exchange

For those who don't know crypto.com they're the company behind awesome MCO VISA cards (formerly known as Monaco) and those cards have shipped in the US and just recently started shipping in the UK with EU to follow.

Apart from that, they launched an exchange few months ago, and have their CRO token to fuel that so naturally these events are to popularize the CRO token and incentivize holders of other tokens to come to their exchange so check it out!

There were other events with other coins, too, maybe they'll announce a BCH trading battle or something else soon.

This syndicate is a sweet deal for those holding CRO anyway, as it enables us to hold CRO and grab some "free" coins as an added bonus.

Check out the terms here: https://blog.crypto.com/the-syndicate-to-list-bch/

HONG KONG, March 18, 2020 – Crypto.com is pleased to announce the listing of Bitcoin Cash (BCH) on The Syndicate platform. All Crypto.com token (CRO) token stakers will be able to participate in a discounted sale event for 500,000 USD worth of BCH at 50% off. The listing event will commence on Tuesday, 31 March 2020 on the Crypto.com Exchange.