Sunday, March 22, 2020

[Daily Discussion] Monday, March 23, 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.
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[Altcoin Discussion] Monday, March 23, 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.

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How would bailouts work in a bitcoin world?

Hey all, I'm sure I'm missing something, but with everything that's going on it's got me wondering how it would be different if the world used 100% bitcoin instead of fiat. Obviously there are only 21 million bitcoin going to be created and recessions and corporate bankruptcies are almost inevitable over the long term. So without the ability to print new bitcoin to bailout big companies what would happen? Lets use airlines as an example, it would obviously be impossible to live in the world as we know it without airlines, so in the hypothetical event they all went under how would they be bailed out?


Trajectory comparison - USD vs BTC

The USD printing machine is about to unleash very serious amounts of new from-thin-air money.

Markets scared to be open.

Meanwhile BTC which trades 24/7 and has no one promising bailouts is getting ready in about 50 days to drop its supply by 50%.

Bitcoin could not have picked a better time to deploy its 3rd ever halving event.


Bitcoin May Be One of the Last Assets Still Trading in a Few Weeks (current BTC/USD price is $5,906.16)

Latest Bitcoin News:

Bitcoin May Be One of the Last Assets Still Trading in a Few Weeks

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.


ZCash (ZEC) Might Shock and Pump Up the Game “Forget Bitcoin and Meet ZCash” (current BTC/USD price is $6,075.32)

Latest Bitcoin News:

ZCash (ZEC) Might Shock and Pump Up the Game “Forget Bitcoin and Meet ZCash”

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.


Bitcoin Miner| Rules to Start Buying and Investing Bitcoins

https://preview.redd.it/veajwvoxh8o41.png?width=1017&format=png&auto=webp&s=eb08177bf3332603998eceded2687a433f319980

What is Bitcoin?

Bitcoin is a computerized money framework which is decentralized, individual to individual, designed to give clients online the ability to have exchange utilizing an advanced unit for trade which is conspicuously known as Bitcoin. In basic terms, it is a type of a virtual money.

The arrangement of Bitcoin was created around 2009 by unrevealed programmer(s). Since that time, Bitcoin has been given a huge consideration as well as debates with respect to being an option in contrast to Euros, USD just as product monetary forms like gold and silver.

Bitcoin Miner

Ascend to Popularity

Bitcoin was not given a ton of consideration in the business and account world sooner than year 2009. Its fame rose in the year 2011-2012 after increasing over 300%. Bitcoin's worth expanded to 400% since the long stretch of August a year ago. In accordance with this outcome, worldwide speculators and funding firms have given a lot of consideration to detail with this digital money.

During the initial a half year of 2014, as much as 57 million USD was put by funding firms in Bitcoin during the main quarter. It was trailed by 73 million USD during the second quarter which sums to 130 million USD, making it half more prominent contrasted with the complete a year ago which was 88 million USD. This outcome is in opposition to the circumstance in 2012 in which Bitcoin firms accumulated an inadequate entirety of just 2.2 million USD.

The factual outcomes have demonstrated past sensible uncertainty that Bitcoin is extremely qualified to be put resources into, with the inquiry that follows, how would you buy and how to put resources into Bitcoin?

https://preview.redd.it/fqqtg47yh8o41.png?width=1183&format=png&auto=webp&s=4cfee1e0b22e7832800894357009912b52a2db90

A basic rule for Bitcoin's amateur speculators

The simpliest and easy approach to put resources into BTC is through bitcoin purchasing. There are a few entrenched firms, found fundamentally in the US as well as abroad, who are so charmed in the bitcoin purchasing and selling business. Bitcoin is condensed as BTC.

Coinbase| Bitcoin Miner Trading

For individuals living in the U.S., you can consider Coinbase as your ideal spot. Coinbase furnishes its clients with bitcoin at an alleged increase of one percent extra to the present market cost. U.S. inhabitants can decide to adjust their banks records and Coinbase wallets. In accordance with this situation, installment moves later on will doubtlessly be an issue free one.

This organization will likewise give you the benefit to purchase bitcoin consequently now and again. For instance, on the off chance that you intend to purchase $50 in bitcoins during the main day of every month, Coinbase empowers you to set and calendar up and programmed purchase for that specific sum.

Continuously observe the organization's terms and conditions ahead before you begin to use their administration. On the off chance that you happen to buy in to an auto bitcoin administration, in this way you can't generally control the cost wherein the bitcoin will be purchased that day of every month. Recall that Coinbase doesn't fill in as a trade like you purchase and furthermore sell bitcoins legitimately from their firm. Since their firm needs to get these coins from other buyer, a deferral or interruption may emerge after laying orders when the quick market moves.

Bitcoin Miner Reviews

https://preview.redd.it/hofiz88zh8o41.png?width=1190&format=png&auto=webp&s=85d7e88ff95bf0d4fe390eff14062b915e0aef04

BitStamp fulfills the states of a conventional bitcoin trade. Bitcoin works as a middle person that empowers you to do exchanging with different clients, not with their own organization itself. The liquidity is extremely higher here and more often than not you have an incredible opportunity to get somebody who will do exchanging with you. There exists an underlying charge proportionate to 0.5% that can simply be diminished to 0.2% on the off chance that you can exchange $150,000 for only a time of three days.

Different approaches to purchase Bitcoins

Nearby Bitcoins

Trading isn't only the sole venture technique in bitcoins. Neighborhood Bitcoins is every now and again used to buy bitcoins disconnected. The site is designed to connect potential purchasers and dealers. These bitcoins stays a storage from its dealer as a protection and can simply be released to purchasers.

Bitcoin Miner Cost

Disconnected bitcoin purchasing isn't generally sheltered or dependable constantly. Be that as it may, it is exceptionally preferred to meet the sellers in an open air and carry a companion with you for occurrences where things go south.

Bitcoin can't just be viewed as a modern pattern. Bitcoins will be viewed as a decent substitute to customary money later on by investment firms. There are different ways for you to join the hover of bitcoin speculation. As talked about previously, the most renowned diverts for bitcoin interest in the U.S. are Coinbase, Bitstamp and furthermore Local Bitcoins. Make certain to do your own examination and attempt to see which among them went through your norms.

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BCH Block Reward Halving ONLY 16 Days to Go – How Will Markets React?

BCH and Bitcoin halving, where the reward for mining new blocks is halved, are scheduled to occur once every 210,000 blocks.

BCH has roughly 16 days to go till the block rewards halve.

Bitcoin is expected to have its halving event in 49 days, a full 33 days after BCH.

How do you think this will affect the miners and market sentiment for BCH and for Bitcoin?

https://coin.dance/


5 Mistakes Most Bitcoin Buyers Make

Nowadays, it's not easy to get Bitcoin. Some purchasers make some costly mistakes once they try to earn some return on their investment for the first time. Therefore, you might want to to be careful when coming up with this purchase. Given guidelines 5 common mistakes that Bitcoin buyers make. Make sure you avoid these mistakes.

Wrong Address

Make sure you enter the best address when buying Bitcoin. If address is wrong, it won't be possible to reverse the transaction, and you will lose your cash forever. Unfortunately, you can't rectify this mistake if the address you entered was wrong.

Therefore, don't forget to triple check your address to make sure it will have no errors. It won't take hours to check the details. It's more straightforward to ask a buddy or relative to review your details.

Confirmations

It is a good idea to buy Bitcoin in person. You must only hand over your hard-earned money when the transaction is complete bitcoin exchange. It's better still to get multiple confirmations. Therefore, you might want to bear patience to be able to ensure you will see no issues later on. That is even more important in the event that you are likely to invest a wide range of money.

Payment Methods

One of the very common ways to create payments online is to utilize PayPal or even a credit card. The reason is that these methods can be convenient. Plus, they can help you save plenty of money. However, bear in mind that you must pay higher fees to enjoy this convenience. As an example, you must face chargeback issues.

Therefore, it is better to decide on a less costly method to create payment. As an example, you may make a bank transfer. That is even more important in the event that you are likely to spend a wide range of money on a regular basis. In the long run, it can help you save plenty of money.

Missed Opportunity

We all know that folks have already been making a fortune by purchasing and selling Bitcoin. However, in the event that you are likely to get this to purchase just because that you do not wish to lose out on this money-making opportunity, you'll need to believe again.

Buying Bitcoin with no solid strategy in place is really a bad idea. As with some other purchase, you'll need to do your research before you invest in Bitcoin. Therefore, having a solid strategy at heart is of paramount importance.

Research

Nowadays, the procedure of buying Bitcoin and other currencies is fairly straightforward. The reason is that there are lots of exchanges and plenty of payment methods to decide on from. But the thing is that individuals all makes mistakes especially when we are likely to buy something for the first time. Therefore, you might want to invest some time before making this purchase.


Bitcoin Price Analysis: Bitcoin Steady Above $6000, But Is It The Calm Before The Storm? (current BTC/USD price is $6,301.00)

Latest Bitcoin News:

Bitcoin Price Analysis: Bitcoin Steady Above $6000, But Is It The Calm Before The Storm?

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'm in doubt

Quick background:

I'm into bitcoin since 2015 or so. Got really into it in 2017 and took all my profit in december 2017. Bought myself a car and now am back in since january 2019.

But now i don't really know what to do.

Should i hold? should I take profit now i still have some.

I really lost trust in the world economy and all the corrupt en controlling systems. That's why I believe bitcoin is worth having since it was made for this. In the crisis of 2008 someone made up bitcoin to have an alternative to the regular system. Now with the oil and corona crisis i think bitcoin is mature enough to be a real alternative and safe haven. These are the 'told you so' moments for the bitcoin believers as they see people struggling under the recent events. The global economy is starting to fall apart, it just couldn't go on like this.

On the other hand, what real value does bitcoin have. I can't buy a bread with it. And even if i could, i have a hard time letting my precious bitcoins go because they could be worth more tomorrow. Or not?
I have also concerns about the whales. We think bitcoin is some sort of predictable but if some whales transfer big amounts of bitcoin, it has a big effect on the price. About a 1000 people own 40% of all bitcoin... . I don't want to depend on something so fragile. I also read an article about a huge untouched wallet. Maybe the private key is lost, maybe it's a guy in prison... we don't know. All this really scares me.

I'm in constant doubt if i should trust in bitcoin or not. The idea behind it is amazing. F the system, power to the people. On the other hand it is just so fragile due to the people with a lot of power within the bitcoin scene.

Do you guys also have doubts or are you 100% pro. Guess no one in this corner of the internet will be 100% against... Thats also something that bothers me. If you are in doubt about the whole bitcoin thing, you can start reading articles. But this does not help at all because they are often writen by pro or con bitcoin people. You just read the articles you want to believe.

Just wanted to get my thoughts out. I would like to see what you guys think about this.

ps: sorry for bad english


Bitcoin Above 100 SMA (H4) Could Spark Strong Surge To $7.5K (current BTC/USD price is $6,331.11)

Latest Bitcoin News:

Bitcoin Above 100 SMA (H4) Could Spark Strong Surge To $7.5K

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.


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