Litecoin Price Chart (LTC) Coinbase

LitecoinMarkets

This is a subreddit devoted to long-term and short-term trading of Litecoins.
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Litecoin news and discussion

This subreddit exists to openly discuss [Litecoin](https://litecoin.org). Read the [comparison](http://litecoin.info/Comparison_between_Litecoin_and_Bitcoin) between Litecoin and Bitcoin.
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LitecoinTraders - Cryptocurrency Trading, Strategy, Advice, and Discussion

/LitecoinTraders exists as a refuge for both experienced and new traders; a place for people to congregate and form a friendly community through discussion and realistic speculation.
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ROI Since Exchange Listing

ROI Since Exchange Listing submitted by YuKammer to CryptoCurrency [link] [comments]

Which cryptocurrency to buy?

Which cryptocurrency to buy?
Which cryptocurrency to buy?
Which cryptocurrency to buy in order to profitably invest your funds? Which coin or token will be more profitable over the coming months/years? And how not to lose, but to increase your income?
Surely these questions are being asked by many people at the very beginning. Indeed, during the last 10 years, the crypto market has experienced both huge ups (in December 2017 - BTC jumped to $20,000) and huge downs (in September 2018, the same BTC plunged to $3,000). So how not to go wrong and where is the best place to invest to?
Of course, there are top popular coins that have been around for a long time and are in demand. These are BTC (Bitcoin), ETH (Etherium), XRP (Ripple), LTC (Litecoin), TRX (Tron) and a few more. The exchange rate of these currencies is stable and resistant to fluctuations, but how it will be in the long term depends on many factors. After the news that the United States was no longer cooperating with China, the price of Bitcoin fell sharply in the summer of 2019. But at the same time, after other political changes, when the price of gold and oil began to fall, the Bitcoin rate began to rise again.
It is impossible to predict what exactly will happen tomorrow and whether the price will rise or fall. Traders constantly analyze the market - 24/7, but, even though, their expectations and plans do not always give a 100% guarantee of success.
Cryptocurrency is an amazing thing. Every day new ideas and projects on Blockchain technology are created. Having invested in a good worthwhile startup at the ICO stage (when tokens are just issued and funds are being raised for the development of a project idea), you can get a lot after its implementation. You can also go bust if something goes wrong and the project "does not work out".
Working as a Customer support on cryptocurrency exchanges, the Dealist Solutions team has repeatedly witnessed this kind of ups and downs, successful and promising projects and just scams. Good traders have come to our exchanges and remain there to this day, inexperienced and hot traders quickly leave the platform without making a profit. Observing them, you can draw several conclusions.
You don't need to count on quick income. Nothing is given away for free. Any referral program that brought you to the exchange is not income, but a start, an opportunity to become interested in trading on the platform.
You shouldn't invest into one direction only. Part of the funds should certainly be kept in the "whales" of the cryptocurrency world - bitcoin, ether. Part of the funds should be invested into other projects, moreover, at different stages of their development. After all, it is exactly here there are the highest chances of making money. Constantly follow the course, reviews and even tweets of large experienced traders - there is even such a thing!
A good source of data is the well-known CoinMarketCap site. Data has been added to it for both coins and tokens. And although CoinMarketCap forecasts do not give 100% guarantees, they will help you navigate the offers on the cryptocurrency market, which is already quite a lot. You can view all the information about the project site, the price chart, on which exchanges a particular coin is traded and wonder if this can bring you profit.
With all the volatility of rates, the cryptocurrency market still cannot be compared with roulette. It works according to certain laws that should be learned - then you will not be a loser and will increase your investment significantly. If you have questions, please contact Customer support Dealist Solutions https://dealist.solutions/support-ico-en. We will be glad to share our experience with you!
submitted by Dealist_Solutions to u/Dealist_Solutions [link] [comments]

Cryptocurrency technical analysis: cryptocurrency assets began the rally

Cryptocurrency technical analysis: cryptocurrency assets began the rally

Cryptocurrency technical analysis: cryptocurrency assets began the rally
Top crypto assets have been in an uptrend this week. One of the reasons for the growth was the positive dynamics in the US stock market. This was facilitated by the decision of the US Federal Reserve to continue the asset repurchase program in current volumes until March 2021. In addition, a number of news has influenced the digital asset market. So, on July 25, Chief Justice of the District Court of the District of Columbia Beryl Howell recognized bitcoin as a form of money and stated that the asset falls under the money laundering law. This decision was made during the $311 million laundering case, where the head of the Coin Ninja crypto project Larry Dean Harmon is the defendant.
Also since the beginning of the week, Bitcoin futures trading volumes have shown impressive growth, and the regulated crypto exchange Bakkt has reported closing of record high trading sessions. Also, significant support for the growth of the first cryptocurrency was provided by the massive closing of short positions, which were liquidated on July 28 for more than $500 million. And on July 29 it became known that the Central Bank of the Philippines is now participating in the race to launch the first national cryptocurrency. For this, a special committee will be created that will study the issue of launching the CBDC and the legal norms necessary for its work.

Bitcoin

After a rebound from support at $9150, bitcoin quotes easily overcame the $9500 level, which now also acts as support. The 200-day simple moving average (SMA) line passes in this area, as well as the boundaries of the technical analysis “Triangle” (they are marked in pink on the chart below). This allowed Bitcoin to reach the first goal in the form of cluster boundaries of $9,900- $10,000 and $10,400- $10,500.
Now the movement is taking place within the consolidation of $10,800- $11,300. In the coming weeks, maintaining the upward momentum will allow BTC quotes to rush to the following targets — $11,580 and $12,000. divergences ”between the highs on the chart and the MACD oscillator. If this scenario is realized, the targets will be the levels of $10,400 and $10,000. Further downward movement looks unlikely, but may lead to a retest of the $9,500- $9,600 area, where whales will most likely prefer to gain new positions in bitcoin.

BTC / USD chart, four-hour timeframe
On the daily chart of Bitcoin, you can see that there was a breakthrough of the boundaries of the technical analysis model “Triangle” (in the chart below they are marked in orange). From the point of view of technical analysis, a retest of the upper border of this figure should follow in the near future. This can lead to a decrease in the price from the current resistances of $11,000 and the cluster $11,200- $11,300 back to the supports at $10,500 and $10,000. If this scenario is implemented, there is also a chance of Bitcoin falling to the important cluster of $8900 (50% retracement at Fibonacci levels) — $9580.
The presence of divergence between the BTC price and the MACD oscillator indicates a high probability of a correction. But at what levels this reversal will occur is not yet known. But until the end of this year, the first cryptocurrency is ready to maintain its growth trend, which can lead to reaching $11,800, $12,500, a cluster of $13,100- $13,350 and $14,000.

BTC / USD chart, daily timeframe

Ethereum

Altcoins went up after bitcoin. The ether also shows good growth, the quotes of which continue to confidently rise from the support at $233, below which the 200-day SMA line is located. After overcoming the first target at $280, the ether rushed to the next targets located at the resistance levels of $300 and $320.
Now the ETH quotes have returned to the framework of the “Flag” graphical model, which can reduce the volatility of the asset. At the same time, a correctional decline below $320 will allow big capital to gain positions. The support levels will be $300, $280 and $251. The targets for the development of a long-term upward movement are $363.80, $400 and $420.

ETH / USD chart, daily timeframe

Litecoin

On the daily chart, Litecoin confidently maintains a positive momentum, which led to a breakout of the boundaries of the Descending Triangle technical analysis model. The upward breakout of the $47.45 level, just above which the 200-day moving average (MA) line is located, allowed LTC to go to the targets of $51.50 (38.2% correction level along the Fibonacci lines) and $56.80.
In the medium term, further upward movement may develop to $60.80, $65, $70 and even $83. However, in the event of a correction from the current levels, the whales are likely to gain positions only at the previously tested levels of $50 and $51.50.

LTC / USD chart, daily timeframe

Bitcoin Cash

Bitcoin Cash, as expected, soared from the borders of the “Triangle” price model (on the chart below the borders are marked with pink lines) to the resistance located at the upper border of the “Horizontal Channel” $200- $272. Then the altcoin continued its way to the $305 area.
A correction may develop towards the 200-day SMA line, which is located in the $272 area. But in the long run of the coming months, we can expect a breakout of the $305 level, which will allow Bitcoin Cash to go up to the $356- $368 cluster and further to $400.

BCH / USDT chart, daily timeframe

XRP

XRP also took advantage of an influx of liquidity, which led to the breakout of the boundaries of the Descending Triangle model. This allowed the asset to break through the boundaries of the “horizontal channel” of $0.18- $0.2050, in the area of which the 200-day MA line passes. As a result, XRP reached its first targets at $0.2360 and $0.2540.
In the long term, the bulls will be able to take profits at $0.27, $0.2860 and $0.3080. At the same time, the levels of $0.2040, $0.2360 and $0.2540 in the event of a correction can act as supports for the current XRP quotes.

XRP / USD chart, daily timeframe

Binance Coin

Binance Coin also did not fail to take advantage of the market situation to break through the resistance in the form of the upper boundary of the “Ascending Triangle” and the level of $18.14. This allowed us to start the long-awaited growth towards the first target in the form of a powerful $19.36– $20 cluster. Maintaining this momentum in the months ahead will lead to the achievement of targets at $21.30, $23.50, $25.80 and $28.20.
But before that, the asset may wait for a correction to the levels of $19.36 and $18, where the 200-day SMA line is located.

BNB / USDT chart, daily timeframe
At the end of this week, we can confidently say that another rally has begun among crypto assets. Moreover, it occurs before the start of the correctional decline on the world stock markets, which some investors warn about. Thus, the cryptocurrency market is becoming a new safe haven for whales, which have preferred to accumulate positions since March. We will not be surprised if this upward movement will last more than one month.
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submitted by Smart_Smell to Robopay [link] [comments]

Correlation between BTC and altcoins has decreased (?)

https://enroyd.com/BTC_Correlations/
Does anybody know why the correlation between BTC and altcoins seems to have decreased? It used be to well above 0.9 for almost all the coins (except for Binance, Tether and other stable coins). Does this mean that the market will not follow BTC during its next pump.
submitted by larry_fink to BitcoinMarkets [link] [comments]

Trading View (Request)

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Playstore Link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Mod Features: Additional indicators available in pro version of this app
submitted by shinigamidoge to moddedandroidapps [link] [comments]

Cryptocurrency technical analysis: neutral market dynamics before a powerful movement

Cryptocurrency technical analysis: neutral market dynamics before a powerful movement

Cryptocurrency technical analysis: neutral market dynamics before a powerful movement
This week, most stock market assets showed a neutral movement, which did not give investors clear signals about the need to take bull or bear positions. This trend was reflected in the cryptocurrency market. So, bitcoin continues to move below the key level of $10,000 and is unlikely to overcome it in the coming days. At the same time, it is worth noting a number of positive factors for the development of the price dynamics of crypto assets. Experts from one of the largest US banks, JPMorgan, presented a review according to which in March, bitcoin successfully passed its first stress test “mostly positive”. It also became known that the Binance crypto exchange launches quarterly BTC / USD futures contracts with leverage up to 125x, which will be available to users of the Binance Futures platform. This positive news can return to the market bulls that are waiting for signals for a successful entry.

Bitcoin

From the point of view of technical analysis, on a four-hour chart, BTC quotes are preparing for the development of a powerful movement. This is facilitated by going beyond the current consolidation between support at $9150 and resistance at $9500, in the area of which the line of the 200-day simple moving average (SMA) runs. In the future, due to reduced liquidity, traders may begin to open bearish positions provided that bitcoin drops below $9150. In this scenario, BTC can go to targets at $8760 (38.2% Fibonacci retracement) and $8330.
A deeper decline is still unlikely, because in case of growth of capitalization of the stock market, part of the funds will be directed to the cryptocurrency market. But in the future months, we can expect quotes to go above the key level of $9500, which will allow Bitcoin to rush up to the target clusters of $9900– $10,000 and further to $10,400– $10,500.

https://preview.redd.it/zk56mog26h751.png?width=700&format=png&auto=webp&s=adf137775c35da072775c21acff5ccac26c73fbd
BTC / USD chart, daily timeframe.

Ethereum

Ethereum at the moment broke support at around $233, where the 11.4% Fibonacci retracement line runs, which allowed the altcoin to reach the important mark of $220. The next target for sellers will be the consolidation of $195– $200, below which is the line of the 200-day SMA. From this area, the ether will be ready to resume the upward movement to the first target of $251, overcoming of which will be a key condition for the continued development of the upward impulse. In this case, the goals for Ethereum will be the levels of $280, $300 and $320.

https://preview.redd.it/fd3at9986h751.png?width=700&format=png&auto=webp&s=2cb20e04b3cd82649cc762f48b6760ba38d59f7e
Chart ETH / USD, daily timeframe.

Litecoin

Litecoin confidently reached the goal in the form of the upper boundary of the cluster $40– $42. However, further growth attempts are hampered by the 200-day SMA line, which is located at around $45. A strong impulse to sell can send LTC quotes down to the levels of $36 and $30.60.
However, it should be borne in mind that these marks are excellent opportunities for a set of positions for the purchase in the long term. In this case, the first target will be the level of $47.45. By the end of the year, traders will potentially be able to take profits at $52 (38.2% correctional level on the Fibonacci lines), $56.80, $60.80, $65 and $70.

https://preview.redd.it/31jo7rmf6h751.png?width=700&format=png&auto=webp&s=cf1d4fef4b8f68c97ba22bd84a56f392a030bd4f
LTC / USD chart, four hour timeframe.

Bitcoin cash

A bitcoin fork moves within the framework of the “Horizontal Channel” with borders of $200– $272. The asset is trying to gain a foothold above the level of $250 and the 200-day SMA line, which has become an important resistance for him. Going below $200 will cause BCH to drop to $170, and a break above $272 will provide an opportunity to take profits at $305, $356 and $400. Now trading Bitcoin Cash in the range of $200– $272 may bring more risk than profit, so the best strategy for conservative investors is to wait for going beyond this consolidation.

https://preview.redd.it/pjwco4ej6h751.png?width=700&format=png&auto=webp&s=8a2742d0e16e368335b485c9d135c618bc271d6d
BCH / USDT chart, four hour timeframe.

XRP

XRP further reduced volatility and went down beyond the boundaries of consolidation of $0.2050– $0.2360, which allowed to reach the target of $0.18 in the moment. Closing the daily candle below this mark will allow the bears to send the asset to $0.16 and $0.1470. However, a breakthrough of the $0.2360 level and the 200-day SMA line will allow XRP quotes to rush further to the target levels of $0.2540, $0.27, $0.2860 and $0.30.

https://preview.redd.it/0qainjxl6h751.png?width=700&format=png&auto=webp&s=057858229649d84b63611c8fdc78d67b8cb76f17
XRP / USD chart, daily timeframe.

Binance coin

Binance Coin quotes realized the forecast for the development of the downward movement in the region of the lower boundary of the region of $15.30– $16. But bears will need a lot of strength to overcome it, and if successful, they will be able to take profits at $13.80 and $11.50.
But in the long run, from these levels, the restoration of BNB quotes to the first
goals in the form of levels of $17 and $18.14 may begin. This scenario will be realized provided that an important mark of $16 is broken where the 200-day MA line passes. In the perspective of this year, whales may raise the value of the crypto asset of the Binance exchange to the goals of $19.36, $21.30 and $23.50.

https://preview.redd.it/l2devrqo6h751.png?width=700&format=png&auto=webp&s=6cff5b3c4d87de03fdd3f27074df500ac761bbb3
BNB / USDT chart, daily timeframe.
Top cryptocurrencies have recently shown a neutral trend, but it will not last long. Indeed, usually this is followed by a powerful movement of the crypto market, so traders should “fasten their seat belts” and prepare for active trading in the coming months.
submitted by Smart_Smell to Robopay [link] [comments]

About OividEx

About OividEx
About us
OvidEx is a peer-to-peer digital asset and trading platform with the aim to open up a digital asset trading platform for full process transfer, payment and transaction of legal currency. Our enthusiastic team has been working on the project since 2018. We have a good understanding of digital currency trading and know the needs of our customers. As a trader you must have a wide choice of assets for trading; therefore, we offer not only popular cryptocurrencies (UNICA, Bitcoin, Ethereum, USDT and others), but also rare ones. Our list of trading pairs is constantly growing. We are always open to collaborating with cryptocurrency owners to help further the available OvidEx list of digital currency.
Trading with Ovidex
OvidEx is committed to providing a safe, efficient and open block chain digital asset trading and hosting platform with trust. To help facilitate this our interface is simple and straightforward for both experienced traders and beginners. Our API has all the required documentation. Our exchange rate chart allows you to perform accurate and rapid analysis of the current situation on the exchange market. We value data protection and will always keep our customers' personal data and funds secure.
We set our exchange commission as low as currently available so that traders can profit as much as possible. These rates will constantly be reviewed as OvidEx evolves so we can offer you the best rates in future. To make a deposit and withdraw money, you can use both cryptocurrency and fiat currencies, even when using a bank card.
Customer Support
We believe that cryptocurrency trading is and will be one of the most profitable and promising areas of exchange trading as this version of trading us not constrained by previous working day constraints and has evolved to a 24 – 7 day opportunity, because of this we are also here for our members during these hours if needed for advice or trade help. We are available to help both new and experienced traders on their journey with OvidEx and have multiple ways for Investors to communicate both with us and other members through items such as customer support and our social media platforms.
Our payment methods
Our platform has multiple ways for you to buy crypto currency allowing you currently pick from the various payment methods listed here. Buy with your debit & credit cards (You can also buy with UNICA, BTC, ETH, LTC and PYX), or buy crypto with Euro through USDT stable coin.

https://preview.redd.it/0r5h4uj0tg551.jpg?width=917&format=pjpg&auto=webp&s=02f5f12ad08e88ae9a96652049cf30eb7579bd9d
submitted by Ovid_Ex to u/Ovid_Ex [link] [comments]

30+ Reasons Why Cryptocurrencies Are Worthless

1)It is possible to change the code through a miner vote or a fork and change the total supply or anything. DASH did it : they reduced the total supply from 84M to 18.9M a few years ago. They could also increase it to 999 Trillions if they wanted to so that millions of DASH are mined every week.

2)You can also fork bitcoin anytime , start over from 0 and claim it's the real bitcoin. (BCH , BSV , BTG , LTC , BCD etc)

3)Why would you pay $10,000 for a digital collectible unit called BTC when you can use BCH or TRX or LTC .. you name it. They work just as fine and cost less. There is no rarity like in gold.

4)Think of any amount you hold in ethereum as a gift card to use smart contracts on the ETH blockchain. Ridiculous. You’d rather hold a wal mart gift card or even simply cash.

5)Private keys may be bruteforced as we speak. Quintillions entries a second. When they’ll have enough bitcoins under control , they could move them all at once instantly.(At least 45,000 ETH have been stolen this way for now through ethereum bandit)SHA 256 is too old , bitcoin is 10 years old , it is not secure enough , quantum computing could potentially break it.

6)And that’s if people don’t find a way to create an infinite amount of coins to sell on exchanges.. it happened with monero , stellar , bitcoin , zcash , zcoin , eos , etc..

proofs :

“Bitcoin , Coindesk : “The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret”an attacker could have actually used it to create new Bitcoin — above the 21 million hard-cap of coin creation — thereby inflating the supply and devaluing current bitcoins.”

Stellar : “Stellar Inflation: Glitch Leads to 2.25 Billion Extra XLM Printed”

Monero : “A bug in the Monero (XMR) wallet software that could enable fake deposits to exchanges has been recently brought to public attention through a Medium post”

Zcoin : Forged coins were created, but not exceeding 1% of the circulating supply. We will release further details on exact numbers when Sigma is released.

EOS : “Hackers Forge Billion EOS Coins to Steal Real Crypto From DEX “

Zcash : “Zcash Team Reveals It Fixed a Catastrophic Coin Counterfeiting Bug” etc..

7)Segwit , and especially Lightning network is a very complex technology and it will inevitably have flaws , bugs , it will be exploited and people will lose money. That alone can cause bitcoin to drop very low levels.

8)Then miners may be losing millions so they will stop mining , blocks may be so slow , almost no transaction will come though , and bitcoin may not have enough time to reach the next difficulty adjustement. This is reffered to as a death spiral. Then every crypto even those with no mining involved may crash hard.

9)Many crypto wallets are unsafe and have already caused people to lose all their investment , including the infamous “parity wallet”.

10)It is NOT trustless. you have to trust the wallet you’re using is not just generating an address controlled by the developper , you have to trust the node the wallet connects to is an honest node , you have to trust a Rogue state or organization with enough computing power will not 51% attack the network. etc..

11)Bitcoin is NOT deflationary. Bitcoins are created every blocks (roughly every 10 minutes) and you wil be dead by the time we reach the 21 million current hard cap.

12)Bitcoin price may artificially be inflated by Tether.

13)It’s an energy waste , an environmental catastrophy.

14)The only usecases are money laundering , tax evasion , gambling , buying on the dark net , evading sanctions and speculation.

15)Governments will ban it if it gets too big , and they have a big incentive to do so , not only for the obscure usecases but also because it threatens the stability of sovereign currencies. Trump could kill bitcoin with one tweet , force fiat exchanges to cease activity.

16)Most cryptos are scams , the rest are just crazy speculative casino investments.

17)It is pyramidal : early adopters intend to profit massively while last comers get crushed. That's not how money works. The overwhelming majority of crypto holders are buying it because they think they will be able to sell it to a higher price later. Money is supposed to be rather stable. That's why the best cryptocurrencies are USDT USDC etc..

18)The very few stores accepting bitcoin always have the real price in the local currency , not in bitcoin. And prices like 0.00456329 BTC are ridiculous !

19)About famous brokers listing bitcoin : they have to meet the demand in order to make money , it doesn't mean they approve it , some even short it (see interactive broker's CEO opinion on bitcoin)

20)People say cash is backed by nothing and losing value slowly , and yes it is very flawed , but there is a whole nation behind it , it's accepted everywhere , you can buy more things with it.

21)Everybody in crypto thinks that there will be a new bullrun and that then , they will sell. But because everybody thinks it will happen , it might not happen. The truth is past performance doesn’t indicate future performance and it is absolutely not guaranteed that there will ever be another bullrun. The markets are unpredictable.

22)Also BTC went from about $0.003 to the price it is today , so don’t think it’s cheap now.

23)There is no recourse if you’re scammed/hacked/made a mistake in the address etc. No chargebacks. But it might be possible to do a rollback (blockchain reorganization) to reverse some transactions. BSV did it.

24)In case of a financial crisis , the speculative assets would crash the most and bitcoin is far from being a non speculative safe heaven ; and governments might ban it to prevent fiat inflation to worsen.

25) Having to write down the private key somewhere or memorize it is a security flaw ! It’s insane to think a system like this will gain mass adoption.

26) The argument saying governments can not ban it because it is decentralized (like they banned drugs) doesn’t work for cryptos. First , drugs are much harder to find and much more expensive and unsafe because of the ban , and people are willing to take the risk because they like it. But if crypto is banned , value will drop too much , and if you can’t sell it for fiat without risking jail , goodluck to find a buyer. Fiat exchanges could close. Banks could terminate every crypto related bank account. And maybe then the mining death spiral would happen and kill all cryptos.

27) Crypto doesn’t exist. It’s like buying air. It’s just virtual collectibles generated by a code. Faguzzi, fugazzi, it’s a whazzie, it’s a whoozie.. it’s a.. fairy dust. It doesn’t exist. It’s never landed. It’s no matter, it’s not on the elemental chart. It… it’s not fucking real!

28) Most brilliant guys have come out and said Bitcoin was a scam or worthless. Including Bill Gates , Warren Buffet , The Wolf Of Wall Street…

29) Inflation is necessary for POW , BTC code will have to be changed to bypass the 21M cap or mining will die ! If BTC code is not changed to allow for miners to be paid reasonably , they will cease mining when the bitcoin block reward gets too low.Even monero understood it ,the code will have to be changed to allow for an infinite bitcoin supply (devaluating all current bitcoins) or the hash will decrease and the security of bitcoin will decrease dramatically and be 51% attacked

30) Don’t mix up blockchain and cryptos. Even blockchain is overrated. But when you hear this or that company is going blockchain , it doesn’t mean they support cryptocurrencies.

31) Craig Wright had a bitcoin mining company with Dave Kleinman (he died) and on january 1 2020 he claims he will be able to access the 1.1M BTC/BCH/BTG from the mining trust. He may or may not dump them on the market , he also said BTC had a fatal flaw and that by 2019 there will be no more BTC.

32) Hacks in cryptos are very common and usually massive. Billions of dollars in crypto have been stolen in the last 6 years. In may 2019 Binance was hacked and lost 7,000 BTC (and it’s far from being the biggest crypto hack).

33) Bitcoin was first. It's an ancient technology. Newer blockchains have privacy, smart contracts, distributed apps and more.Bitcoin is our future? Was the Model T the future of the automobile? (John Mc Afee)

34) IOTA investiguating stolen funds on mainnet. IOTA shuts down the whole network to deal with trinity wallet attack.

35) Compared to bitcoin other cryptos work just as fine and don't waste so much energy.

36 ) Everytime miners disagree on the updates it will create another version of bitcoin : problem of governance and legitimacy.

37) Cryptos are only legitimate if they act as a credit for a redeemable asset like USDT or gold backed coins.


While the native language of the writter is not english , I think you get the point and it doesn't make it any less relevant.
submitted by OverTheRedHills to u/OverTheRedHills [link] [comments]

Upex.io invitaion code for 10% Trading fee disount

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submitted by kamleshbisht to referralcodes [link] [comments]

[Daily Discussion] Monday, May 30, 2016

Welcome to the /BitcoinMarkets daily discussion thread!
Thread topics include, but are not limited to:
Thread Guidelines
Other ways to interact
submitted by AutoModerator to BitcoinMarkets [link] [comments]

This next NANO bull run is going to leave many people heartbroken

Let me tell you people something. I've seen many of you depressed and sad during these past year and a half of slow and steady fall of many of the altcoins, including NANO. At the time of me writing this post, NANO is trading at 0.95$.
I'm going to tell you something that might wake you all up, and that is that this upcoming bull won't be easy. There will be many temptations for you people to flip your NANO once it starts to pump. The resistances are fairly simple to see 2$, 5$, 10$, 20$, 40$ and so on.
Many people will try to flip their NANO. Some will probably be successful: "Hey look, I just made easy 20% increase of my NANO stash, I do this all the time". But then, the price will not go down once they short and then they will find themselves coming back in NANO and have less NANO then they started with had they just held it through since the beginning.
They will exit at 2$, but will start buying back in once we go past 5$, some will sell here at 5$ but will start buying back once we break 10$. This will continue until 20$, and finally until 40$ when we break the ATH in terms of $, then, with no resistance in sight, the journey will continue to 100$. During this entire rise, exchanges like Kraken, Bittrex, Poloniex etc. will stop ignoring the listing of NANO as they will realize that they are missing big portion of money they could be making of its fees, which will just cause it to grow more and more.
This will sound ridiculous to some, but 100+$ per NANO is probably going to happen in the next 3 years or even sooner. Fundamentally there is no reason it doesn't happen and charts also confirm this. After 100$, who knows what can happen, another parabolic might take place again once adoption and marketing starts to be better and better and people start recognizing the quality off the coins. After we break 100$ only the sky is the limit.
Here is the chart I made that can illustrate how this growth might look in the short term future: https://charts.cointrader.pro/snapshot/TEqo3
This chart might be low-balling the growth considering how hard NANO could jump once people realize the fundamentals behind it. Let's do some math here also so that this chart and my story doesn't sound like it's based on nothing.
Current NANO market cap is 13.110 BTC , which is currently 134.577.264 $. Making NANO go 30x will still put it below price of Litecoin (LTC) during a BEAR market! Litecoin can't even be compared to NANO, not even fundamentally nor development wise. Making NANO go 100x will only place it slightly ahead of XRP also in a BEAR market, which also can't be compared to NANO. 100x jump probably won't be enough to pass LTC during bull market so this scenario is most definitely a possibility.
I'm going to repeat this again. This ride won't be easy people, but it sure as hell will be worth it for anyone who decides to hold through the ups and downs. I'm not saying you are stupid if you sell at profit and exit. Be my guest, take out your investment and leave the moonbag to go. But if you could've invested in BTC back in 2011, would you exit for a 2x-3x profit when deep inside you know it has high probability of going 100x+ and a potential of going 1000+x? Recognize the value of coin that you are holding.
I'm sure many of you have been asking yourself: "How is it possible that this coins has such a low market cap? It has instant transactions, ZERO fees and continuous development. This could be a total game changer, am I missing something?" No, you're not. Other whales that are accumulating are only making you think that you're missing something. This is how it feels like when you buy the bottom of the price. This is how it feels like when you KNOW something is undervalued, but it just stays there. This is EXACTLY how the true holders of the Bitcoin felt in December 2011 when Bitcoin crashed from 31$ to 2$.
I'm going to end this long rant with a famous quote:
First they ignore you, then they laugh at you, then they fight you, then you win. - Mahatma Gandhi
TLDR;
Many will sell and exit for short term gain of 20%-100% and will miss out in the next bull run. NANO will reach 100+$. https://charts.cointrader.pro/snapshot/TEqo3
submitted by cutthroatbill to nanotrade [link] [comments]

Update TKEYSPACE 1.3.0 on Android

Update TKEYSPACE 1.3.0 on Android

https://preview.redd.it/6w93e0afttx41.png?width=1400&format=png&auto=webp&s=c00989612ec2d52eb522405e6b6a98bf875e08bb
Version 1.3.0 is a powerful update to TkeySpace that our team has been carefully preparing. since version 1.2.0, we have been laying the foundation for implementing new features that are already available in the current version.
Who cares about the security and privacy of their assets is an update for you.
TkeySpace — was designed to give You full control over your digital assets while maintaining an exceptional level of security, which is why there is no personal data in the wallet: phone number, the email address that could be compromised by hackers — no identity checks and other hassles, just securely save the backup phrase consisting of 12 words.

Briefly about the TkeySpace 1.3.0 update :

  • Code optimization and switching to AndroidX;
  • New section-Privacy;
  • Built-in TOR;
  • Selecting the privacy mode;
  • Selecting the recovery method for each currency;
  • Choosing the address format for Litecoin;
  • Enhanced validation of transactions and blocks in the network;
  • Disk space optimization;
  • Accelerated syncing;
  • Checking “double spending”;
  • The bloom filter to check for nodes;
  • Updating the Binance and Ethereum libraries;
  • A function to hide the balance;
  • Advanced currency charts;
  • Access to charts without authentication;
  • News section;
  • Browser for Tkeycoin;
  • Independent Commission entry for Bitcoin;
  • New digital currencies;
  • Digital currency exchange tab.

Code optimization and switching to AndroidX

A lot of work has been done on optimizing the code to speed up the application, improving the logic, synchronization speed, calculating the hash of cryptocurrencies, and successfully switching to AndroidX.

https://preview.redd.it/h3go5tzgttx41.png?width=1100&format=png&auto=webp&s=bf311efc73e3577c80f06a21d6b9317bb93ae989

New section: Privacy

  • Enable Tor;
  • Blockchain transaction (the selection of the privacy mode);
  • Blockchain recovery (choosing a recovery method);
https://preview.redd.it/iydfwuhittx41.png?width=1080&format=png&auto=webp&s=2ce7c489d893a2ab6b9d6fede57d8b94404edcfb

TOR

Starting with the current update, the TkeySpace wallet can communicate via the TOR network, includes new privacy algorithms, and supports 59 different currencies.

https://i.redd.it/kn5waeskttx41.gif
Tor is a powerful privacy feature for those who own large assets or live in places where the Internet is heavily censored.
Tor technology provides protection against traffic analysis mechanisms that compromise not only Internet privacy, but also the confidentiality of trade secrets, business contacts, and communications in General.
When you enable TOR settings, all outgoing traffic from the wallet will be encrypted and routed through an anonymous network of servers, periodically forming a chain through the Tor network, which uses multi-level encryption, effectively hiding any information about the sender: location, IP address, and other data.
This means that if your provider blocks the connection, you can rest easy — after all, by running this function, you will get an encrypted connection to the network without restrictions.

https://preview.redd.it/w9y3ax4mttx41.png?width=960&format=png&auto=webp&s=972e375fc26d479e8b8d2999f7659ec332e2af55
In TOR mode, the wallet may work noticeably slower and in some cases, there may be problems with the network, due to encryption, some blockchain browsers may temporarily not work. However, TOR encryption is very important when Internet providers completely block traffic and switching to this mode, you get complete freedom and no blocks for transactions.

Confidentiality of transactions (the Blockchain transaction)

The wallet can change the model of a standard transaction, mixing inputs and outputs, making it difficult to identify certain cryptocurrencies. In the current update, you can select one of several modes for the transaction privacy level: deterministic lexicographic sorting or shuffle mode.

Mode: Lexicographic indexing

Implemented deterministic lexicographic sorting using hashes of previous transactions and output indexes for sorting transaction input data, as well as values and scriptPubKeys for sorting transaction output data;
We understand that information must remain confidential not only in the interests of consumers but also in higher orders, financial systems must be kept secret to prevent fraud. One way to address these privacy shortcomings is to randomize the order of inputs and outputs.
Lexicographic ordering is a comparison algorithm used to sort two sets based on their Cartesian order within their common superset. Lexicographic order is also often referred to as alphabetical order or dictionary order. The hashes of previous transactions (in reverse byte order) are sorted in ascending order, lexicographically.
In the case of two matching transaction hashes, the corresponding previous output indexes will be compared by their integer value in ascending order. If the previous output indexes match, the input data is considered equal.

Shuffle Mode: mixing (random indexing)

To learn more about how “shuffle mode” works, we will first analyze the mechanisms using the example of a classic transaction. Current balance Of your wallet: 100 TKEY, coins are stored at different addresses:
x1. Address-contains 10 TKEY. x2. Address-contains 20 TKEY. x3. Address-contains 30 TKEY. x4. Address-contains 15 TKEY. x5. Address-contains 25 TKEY.
Addresses in the blockchain are identifiers that you use to send cryptocurrency to another person or to receive digital currency.
In a classic transaction, if you need to send, for example, 19 TKEY — 100 TKEY will be sent to the network for “melting” coins, 19 TKEY will be sent to the Recipient, and ~80.9 TKEY will return to the newly generated address for “change” in your wallet.

https://preview.redd.it/x595qwdottx41.png?width=806&format=png&auto=webp&s=d9c2ae5620a3410ed83f7e16c018165c8ab35844
In the blockchain explorer, you will see the transaction amount in the amount of 100 TKEY, where 80.99999679 TKEY is your change, 19 TKEY is the amount you sent and 0.00000321 is the transaction fee. Thus, in the blockchain search engine, most of your balance is shown in the transaction.

How does the shuffle mode work?

Let’s look at a similar example: you have 100 TKEY on your balance, and you need to send 19 TKEY.
x1. Address-contains 10 TKEY. x2. Address-contains 20 TKEY. x3. Address-contains 30 TKEY. x4. Address-contains 15 TKEY. x5. Address-contains 25 TKEY.
You send 19 TKEY, the system analyzes all your addresses and balances on them and selects the most suitable ones for the transaction. To send 19 TKEY, the miners will be given coins with x2. Addresses, for a total of 20 TKEY. Of these, 19 TKEY will be sent to the recipient, and 0.99999679 TKEY will be returned to Your new address as change minus the transaction fee.

https://preview.redd.it/doxmqffqttx41.png?width=1400&format=png&auto=webp&s=5c99ec41363fe50cd651dc0acab05e175416006a
In the blockchain explorer, you will see the transaction amount in the amount of 20 TKEY, where 0.99999679 TKEY is Your change, 19 TKEY is the amount you sent and 0.00000321 is the transaction fee.
The shuffle mode has a cumulative effect. with each new transaction, delivery Addresses will be created and the selection of debit addresses/s that are most suitable for the transaction will change. Thus, if you store 1,000,000 TKEY in your wallet and want to send 1 TKEY to the recipient, the transaction amount will not display most of your balance but will select 1 or more addresses for the transaction.

Selecting the recovery method for each digital currency (Blockchain restore)

Now you can choose the recovery method for each currency: API + Blockchain or blockchain.
Note: This is not a syncing process, but rather the choice of a recovery method for your wallet. Syncing takes place with the blockchain — regardless of the method you choose.
https://preview.redd.it/gxsssuxrttx41.png?width=1080&format=png&auto=webp&s=cd9fe383618dda0e990e86485652ff95652a8481

What are the differences between recovery methods?

API + Blockchain

In order not to load the entire history of the blockchain, i.e. block and transaction headers, the API helps you quickly get point information about previous transactions. For example, If your transactions are located in block 67325 and block 71775, the API will indicate to the node the necessary points for restoring Your balance, which will speed up the “recovery” process.
As soon as the information is received, communication with the peers takes place and synchronization begins from the control point, then from this moment, all subsequent block loading is carried out through the blockchain. This method allows you to quickly restore Your existing wallet.
‘’+’’ Speed.
‘’-’’ The API server may fail.

Blockchain

This method loads all block headers (block headers + Merkle) starting from the BIP44 checkpoint and manually validates transactions.
‘’+’’ It always works and is decentralized. ‘’-’’ Loading the entire blockchain may take a long time.

Why do I need to switch the recovery method?

If when creating a wallet or restoring it, a notification (!) lights up in red near the selected cryptocurrency, then most likely the API has failed, so go to SettingsSecurity CenterPrivacyBlockchain Restore — switch to Blockchain. Syncing will be successful.

Selecting the address format

You can choose the address format not only for Bitcoin but also for Litecoin. Legacy, SegWit, Native SegWit. Go to SettingsManage WalletsAddress Format.

https://preview.redd.it/nqj0nwutttx41.png?width=1080&format=png&auto=webp&s=fc04b8ee8339ab27d3203ff551013cda7aa9e8db

Working at the code level

Enhanced validation of transactions and blocks in the network

Due to the increased complexity in the Tkeycoin network, we have implemented enhanced validation of the tkeycoin consensus algorithm, and this algorithm is also available for other cryptocurrencies.

What is the advantage of the enhanced validation algorithm for the user

First, the name itself speaks for itself — it increases the security of the network, and second, by implementing the function — we have accelerated the work of the TkeySpace blockchain node, the application consumes even fewer resources than before.
High complexity is converted to 3 bytes, which ensures fast code processing and the least resource consumption on your device.

Synchronization

The synchronization process has been upgraded. Node addresses are added to the local storage, and instant synchronization with nodes occurs when you log in again.

Checking for double-spending

TkeySpace eliminates “double-spending” in blockchains, which is very valuable in the Bitcoin and Litecoin networks.
For example, using another application, you may be sent a fake transaction, and the funds will eventually disappear from the network and your wallet because this feature is almost absent in most applications.
Using TkeySpace — you are 100% sure that your funds are safe and protected from fraudulent transactions in the form of “fake” transactions.

The bloom filter to check for nodes

All nodes are checked through the bloom filter. This allows you to exclude fraudulent nodes that try to connect to the network as real nodes of a particular blockchain.
In practice, this verification is not available in applications, Tkeycoin — decided to follow a new trend and change the stereotypes, so new features such as node verification using the bloom filter and double-spending verification are a kind of innovation in applications that work with cryptocurrencies.

Updating the Binance and Ethereum libraries

Updated Binance and Ethereum libraries for interaction with the TOR network.

Interface

Function — to hide the balance

This function allows you to hide the entire balance from the main screen.

Advanced currency charts and charts without authentication

Detailed market statistics are available, including volumes, both for 1 day and several years. Select the period of interest: 1 day, 7 days, 1 month, 3 months, 6 months, 1 year, 2 years.
In version 1.3.0, you can access charts without authentication. You can monitor the cryptocurrency exchange rate without even logging in to the app. If you have a pin code for logging in, when you open the app, swipe to the left and you will see a list of currencies.

https://preview.redd.it/f3thqv1wttx41.png?width=1080&format=png&auto=webp&s=1906307f7ad1fd6db47bf270ce7c57185267b1a3

News

In the market data section — in the tkeyspace added a section with current news of the cryptocurrency market.

https://preview.redd.it/lz1e7ynxttx41.png?width=1080&format=png&auto=webp&s=b6f1858d8752cfc6187df5d7b8a2ce25813e2366

Blockchain Explorer for Tkeycoin

Transaction verification for Tkeycoin is now available directly in the app.

Independent Commission entry for Bitcoin

Taking into account the large volume of the Bitcoin network, we have implemented independent Commission entry — you can specify any Commission amount.
For other currencies, smart Commission calculation is enabled based on data from the network. The network independently regulates the most profitable Commission for the sender.

New digital currencies

The TkeySpace wallet supports +59 cryptocurrencies and tokens.

Cryptocurrencies

Tkeycoin (TKEY), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), DASH, Binance (BNB), EOS.

Stablecoins

TrueUSD (TUSD), Tether USD (USDT), USD Coin (USDC), Gemini Dollar (GUSD), STASIS EURO (EURS), Digix Gold Token (DGX), Paxos Standard (PAX), PAX Gold (PAXG), Binance USD (BUSD), EOSDT, Prospectors Gold (PGL).

ERC-20, BEP2, and EOS tokens

Newdex (NDX), DigixDAO ERC-20 (DGD), Chainlink ERC-20 (LINK), Decentraland ERC-20 (MANA), EnjinCoin ERC-20 (ENJ), the Native Utility (NUT), 0x Protocol ERC-20 (ZRX), Aelf ERC-20 (ELF), Dawn DAO ERC-20 (AURA), Cashaaa BEP2 (CAS), Bancor ERC-20 (BNT), the Basic Attention Token ERC-20 (BAT), Golem ERC-20 (GNT), Mithril ERC-20 (MITH), MEETONE, NEXO ERC-20, Holo ERC-20 (HOT), Huobi Token ERC-20 (HT), IDEX ERC-20, IDEX Membership ERC-20 (IDXM), Bitcoin BEP2 (BTCB), Waltonchain ERC-20 (WTC), KuCoin Shares ERC-20 (KCS), Kyber Network Crystal ERC-20 (KNC), Loom Network ERC-20 (LOOM), Ripple (XRP), Everipedia (IQ), Loopring ERC-20 (LRC), Maker ERC-20 (MKR), the Status of the ERC-20 (SNT), Ankr Network BEP2 (ANKR), OmiseGO ERC-20 (OMG), ^ american English ERC-20 (^american English), Polymath ERC-20 (POLY), Populous ERC-20 (PPT), Pundi X ERC-20 (NPXS), Parser ERC-20 (REP), Revain ERC-20 (R), Binance ERC20 (BNB-ERC20), Gifto BEP2 (GTO).

Exchange of cryptocurrency

The “Limitless Crypto Exchange” tab is available for a quick transition to an unlimited exchange in 200 digital currencies — 10,000 currency pairs.

How do I update TkeySpace to version 1.3.0?

  1. Go to Google Play on your device — My apps and games — find TkeySpace in the list of apps — click Update.
  2. Go to Google Play on your device-write TkeySpace in the search — click on the app icon — Update.
After the update, you will need to restore your wallet.
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

Why the BTC / LTC / ETH chart looks like the same?

Why the BTC / LTC / ETH chart looks like the same? submitted by ChiliCheeseCombo to litecoin [link] [comments]

This sub is a mess and needs to get out of the anger stage: How to move forward from the crash if you're a bagholder

Back in December 2017 I did a valuation attempt of Bitcoin on this sub and got around 5K with some grossly optimistic assumptions. Its taken a long time but finally gone down below that.
You've probably heard many people tell you it would eventually happen back in December 2017 and to reduce expose to crypto (including me), but when you're hyped up on 20% gains every week its hard to be cautious or engage in defensive measures. To many the last quarter of 2017 and into early 2018 was like a beach party with coke and Victoria Secret models. Who wants to listen to someone tell you about how you're gonna crash hard with a headache the next morning?
With this latest crash, Bitcoin's price is back to roughly mid October 2017, which is roughly when the mainstream mania started. Many on this sub entered after October 2017 and hence are now left holding heavy bags. Many are down 80% or even 90%. Here is the current losses from ATH for the top cryptos:
Asset Loss from ATH
BTC -77%
XRP - 88%
ETH -90%
BCH -95%
XLM -79%
EOS -83%
LTC -91%
ADA -96%
XMR -85%
TRN -96%

Who do we blame?

At a time like this its easy to get angry, to look at someone to blame. Whether Roger Ver and the hash wars, whether BAAKT delay, whether whales or SEC or institutions, everyone has their favorite boogeyman. No one thing is the reason why the market is down 80%.
The reality is that Bitcoin (and all other crypto by extension) was ovevalued even by grossly overoptimistic measures. Its not BAKKT or the whales trying to get your coins for cheap. The same people who were buying at near peak bubble thinking they were getting into the chance of a lifetime are prone to look for someone to blame for their losses, when it was actually their fault for buying near the end of a mania.
Nobody wants to admit that it was their own greed, lack of research and irrational behavior that lead to the gross overvaluation of all cryptocurrency.

Is it over yet?

The $6K consolidation was likely a result of the market coiling tighter and tighter around the mining breakeven point for some of the smaller miners. The big firms in China are profitable mining below 6K, but many smaller ones in the US and Europe aren't. You can actually see the total hash rate going down. Once it broke it was a big fall straight down.
Bitcoin is mined at 12.5 BTC. per block at 10 minute blocks, which comes out to around 1800 BTC every day. This 1800 BTC has to be absorbed by every day, which means the following at different price levels:
Price Level Daily net buying needed to absorb mined coins
6000 $10.8 million/day
4500 $8.1 million/day
3000 $5.4 million/day
At the current price, at least theoretically $8.4 million in demand is needed to cover the mining output. Of course the miners don't immediately dump it all, but it shows why miners have an incentive to keep the price high and try to incite FOMO with a BGD.
I can also see that after this latest drop, the "buy the dip" sentiment had substantially gone down, at least compared to the other fast drops in price. This is especially discouraging those who were waiting for the "November bull run", which never came. Its clear to more people now that this probably isn't just downward correction that will reverse, but a multiyear bear market. This is why the bounce has been so weak compared to earlier in the year. Compare that to the last two big 2 day drops:
The weakness of this current bounce says it all, people are no longer optimistic that BAKKT or ETF or any other catalyst will lead to a bull run that they can cash out quick. It may be a period of stagnation followed by further drops as big holders take profits.
I also think that the FED tightening with rate hikes is leading to a lot more volatility not only in stocks, but crypto as well. Right now asset deflation seems to be a global macro risk as cheap credit dries up, and Bitcoin surely isn't immune from this.
My personal view is that at this point we may see further declines, but calling what's going to happen next is always dangerous. A whale (especially a big mining operation) with a series of large orders to clear out the order book on Bitfinex could give us a BGD out of nowhere at any time and take us back to 6K, it would be interesting to see how the market reacts to something like that. But I'm not betting on it leading to any sustained rally past 10K. Quite the opposite.
So what's a crypto shrimp to do? I'll split my thoughts into two, for those who are still in the green and those in the loss.

If you're still in the green

If you're still in profit, this is a great time to consider how much more downward selling you can take and also how you can hedge downward risk.
If you're someone who purchased when Bitcoin was below $1000, you should calculate your compounded annual ROI and decide if that return is good enough for you. For equities, the long term average is about 10% per year, 20-30% in a good bull market.
Its your decision, but taking out profits that exceed principal and reinvesting the principal is not at all a bad idea. For those who invested before Bitcoin reached $1K (April 2017) the current price is still an insane return that no other asset class can match.
Another important thing is to think about how you can hedge the risk of downward movement. This is where derivative exchanges are very useful, although you do need to do some research on how derivatives work and how to not get liquidated. If you have substantial holdings, the effort to learn this is worth it.
The basic idea is that you can buy short contracts that increase in value as Bitcoin goes down, proportional to the amount of leverage you put to finance the contract. If managed correctly, you can protect your entire stack with a portion as leverage. Its something commonly done by miners, who short Bitcoin with derivatives to hedge their holdings.

If you're in the loss

The untold reality is that HODL is a meme told to newbies to prevent panic selling during a downturn while the smart money cashes out in a more orderly fashion. But does that mean you shouldn't hold if you're already down massively?
Well that depends on your own life situation, how much you've invested, and if you don't need the money for the next few years.
Mathematically, whether it drops to 4.5K or 3K from the reference of 6K is highly meaningful, its a drop of 25% or 50%. But if your reference starting point is much higher, then it really doesn't matter all that much. A drop from 17K to 4.5K is a 74% loss while down to 3K it would be 82%, massive losses either way. In that sense if this is money you don't need, it makes sense to simply have it stored in a wallet and forget about it for a few years. Who cares if it drops further after a certain point if you don't plan to take it out for a while? Its like in equities markets where people with massive losses don't sell, but instead move the loss position into their retirement fund where they don't plan to take it out for a long time and thus are giving it time to rebound back.
But what if its money you need? What if like many out there you took out loans hoping to catch a run to 50K? If you have high interest debt (credit cards...etc), focus on paying that down first. Credit cards generally have high interest and many compound daily, so pay down the debt first rather than trying to pay your debts off with a crypto bull run that may take years to materialize.
This is also a good learning opportunity. It is worrying how few people who hold crypto have a clue what any of this even is or how it works. I've always recommended this video to explain how Bitcoin (and other cryptocurrencies) actually work.
A good thing to do during catastrophic losses is to honestly access why you got suckered into buying high in the first place. Most people here are young, and this is a valuable lesson in why you shouldn't follow the herd. Everyone is a genius in a bull market, everyone is chasing the next hype. Crypto tends to attract people looking for a get-rich-quick-without-effort crowd, but it takes some mental effort to understand this beyond the buzzwords. Take the time to understand the fundamental reasons why an asset has value and what factors would drive its rise once the hype dies down. What makes Bitcoin valuable, what makes some of the other cryptoassets valuable? If those fundamentals in some way changes, so should your opinion.
Its also a great opportunity to help in its adoption by using it. The irony of it all is that people demand that they get rich because of the hard work of buying a bunch of crypto in an exchange and transferring it to their wallet, without any understanding what they're buying into.
Also don't be angry. Don't look to blame. Look to learn and improve next time you invest.
submitted by arsonbunny to CryptoCurrency [link] [comments]

bitCastle Exchange

To kick start bitCastle Exchange posting here, we would like to have a special promotion.
A special referral link has been issued for this promotion. (The link is not public).
For the first 1,000 new registry to bitCastle Exchange with verified KYC using the referral link, you will be receiving USD30 worth of BTC at your wallet. This is only limited to FIRST 1,000 new registry.
You will received the USD30 worth of Bitcoin (BTC) if you fall within the first 1,000 KYCs. We will make the announcement when 1,000 KYCs is up.
Available pairs in bitCastle Exchange for BTC are;
BTC/USDT, BTC/ETH, BTC/BCH, BTC/LTC, BTC/XRP and more.
You can use Bitcoin for
1: Trading with major coin.
2: Trading with alt coin.
3: Keep in bitCastle Exchange.
Bitcoin was created in 2009, and not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins. there are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power.
Please feel free to visit to https://bitcastle.io. Happy trading!!
submitted by bitCastleExchange to u/bitCastleExchange [link] [comments]

HUOBI EXCHANGE REVIEW

ABOUT HUOBI :
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA. This exchange is one of the top 50 cryptocurrency exchanges by trade volume. On the Coingecko chart of exchanges, Huobi Global occupies the third position. The exchange has more than 500 markets and supports over 220 cryptocurrencies. As Huobi provides an option to buy cryptocurrency with fiat money, this exchange is a gateway for people who enter the cryptocurrency world .

FEATURES :
Huobi Global has a really wide range of functions. First off, this exchange provides an opportunity to buy cryptocurrencies with fiat money using a credit card and other payment means. This option is delivered in the over-the-counter trading section (OTC). There is a menu line in the upper part of the website. It begins with "But Crypto". That's where one can see the OTC offerings provided by Huobi. One can buy or sell the following currencies: Bitcoin (BTC), Ether (ETH), Tether (USDT), EOS, XRP, Litecoin (LTC), Huobi Token (HT), Huobi stablecoin (HUSD), and Bitcoin Cash (BCH). Please note, that there are not so many offerings especially for certain currencies. Normally there are many options for buying BTC or USDT. The prices and payment methods vary from one trader to another. You can pay with a credit card, some traders accept payments via Western Union, AliPay, and other services.
There is a cryptocurrency exchange with hundreds of crypto-to-crypto pairs. The exchange supports market, limit and stop-limit orders. It gives traders some control over the situation and helps to secure the assets from trading in loss to some extent. In general, the exchange interface of Huobi is quite generic.
Those who have experience of trading on several other exchanges will find the interface familiar. It has a trading view with a candlestick chart on the left and the list of orders updating in real-time on the right. Under the charts, there is an order history. Under the list of market trades, there is a section where users can place orders. The candlestick chart is powered with numerous analysis tools and indicators.
What makes Huobi Global more attractive for traders is the support of margin trading. In all margin trading pairs the currencies are traded against Tether (USDT). There are 6 cryptocurrencies that can be traded with x3 leverage: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), XRP, Ether (ETH), and EOS.
Huobi Global is aimed to provide service both to small investors and institutional traders. That's the reason why the platform offers institutional accounts with special opportunities for corporate customers. Among these features, there are colocation options and other tools that provide the opportunity of seamless high-frequency trading. Additionally, institutional accounts can get special OTC loans.
One more feature is trading derivatives. Huobi provides two separate interfaces for that purpose: Swap trading and Futures trading platforms on Huobi DM. Moreover, it is possible to participate in IEO trading via the Huobi exchange. This feature requires the use of the Huobi Token.

ASSETS AND INSTRUMENTS:
As mentioned, there are two types of instruments that you can trade on the Huobi derivatives platform. These are your traditional futures as well as the perpetual swaps or futures.
With these instruments, you are trading crypto on margin. This means that they are leveraged and your exposure is often many multiples of the amount that you have put down as collateral.
Now that we have a brief understanding of leverage, let’s take a look at the instruments on offer at the Huobi exchange.
Futures are instruments that allow the holder to buy or sell some asset in the future. Essentially, you are trading some future price of the instrument on the chose delivery date. In terms of expiry dates, they have weekly, bi-weekly and Quarterly which settle every Friday. In terms of expiry dates, they have weekly, bi-weekly and Quarterly which settle every Friday. When it comes to the specifics of the contract, they differ according to which asset is being traded. You should also take a look into the contract specifics in the Huobi docs. This includes such information as the index reference for the prices as well as your last trading price. The latter can only be done up till 10 minutes before the expiry.
Perpetual swaps are leveraged instruments that do not have have a delivery date. They are marked to market everyday and settle 3 times a day. They are sometimes also called “perpetual futures” at other exchanges.
The reason that they are called “Swaps” at Huobi Derivatives is because you are swapping the returns of one asset for the returns of another. Here, you are swapping crypto returns for returns on the US dollar.
At Huobi DM, the Perpetual swaps have leverage up to 125x and they are written on 5 different assets. These are Bitcoin and Ethereum with other coins to be added soon.

HUOBI APPS:
Huobi mobile app for iOS and Android are available. Similarly, the Huobi mobile app features most of the functionalities available on the web platform also. You can even complete tasks like account registration and verification directly via the app. In Google Play, the Huobi Global app has an average rating of 4.1 stars out of 3,730 reviews. However, in December 2018 and January 2019, some users have said that the Android app won’t let them login due to an error with Captcha. On the Apple App Store, Huobi boasts an average rating of 4.9 stars out of over 4,800 reviews.

API :
For those of you who are programmers, you will be happy to learn that Huobi global API can be used on the Futures and Swap markets.
There is both a websocket as well as a REST version available. It is suggested that you use the REST for one off operation to trade and withdraw. You should use the websocket for market data & order updates. You should also note that you can be a market maker on through the API.
If you want to start using the API then you will to get yourself an API key. This can easily be done in the API management of your account dashboard. Here you can select whether you would like it to be a read-only, Withdraw or Trade. You can also bind an IP address to this API so you can ensure than no other person will use your account even if compromised.

HUOBI FEES :
Huobi has a 0.2 % fee that applies to both market makers and takers for amounts between $0 and $5,000,000 over the course of a 30-day period. In comparison, other top exchanges like Binance have 0.1 percent fees. Actually, it has a fair trading fees structure and easy to remember also. Meanwhile, GDAX has 0.3 percent fees.
In January 2019, Huobi Global launched a tiered fee structure that significantly reduces fees for higher-volume traders. This is relatively competitive when compared to other exchanges. Users also have the option to reduce trading fees on Huobi by becoming a VIP member. This involves paying a monthly payment of HT, which varies depending on the membership level (1-5).
Like most exchanges, Huobi has no fees on deposits. However, Huobi does have withdrawal fees minimums that vary from coin-to-coin. For example, withdrawing Bitcoin (BTC) costs 0.001 BTC, with a minimum withdrawal amount of 0.01 BTC. For Tether (USDT), the flat fee is 5 USDT. And the minimum withdrawal amount is 20 USDT. Overall, the meaning- Huobi fees are generally higher than most exchanges for lower withdrawal amounts. A few exceptions exist. For example, TUSD has a withdrawal minimum of $20 but a withdrawal fee of only $2.

IS IT TRUSTWORTHY?
In contrast to other exchanges, Huobi receives a favorable score. First of all, it is incorporated and operated from Singapore. As we all know crypto regulations are advanced there. And promote blockchain startups always. Second, Huobi does provide users with multiple ways to safeguard their accounts. Although it is not enough. Essentially, 2-factor authentication is available using both SMS and authenticator apps. The platform does not require any special confirmation if the account is logged into from an unfamiliar IP address or location. There is no option to whitelist addresses for asset withdrawal, allowing funds to be sent to any address input. Furthermore, Huobi was never hacked. Even though they do present a lucrative target for attackers. Meaning, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. And we believe the exchange takes these threats seriously and does everything in their power to protect the exchange from hackers. Also, Huobi does store user funds in cold storage to restrict access to them. Actually, the exchange stores around 98 percent of funds in cold wallets.

SUPPORT :
Something else that is crucial to the entire trading experience is the level of support that the exchange provides. There is nothing more frustrating than having to wait hours for response from support.
When it comes to Huobi, there are actually quite a few options to reach their customer support. Perhaps the quickest and most effective way is through their live chat function. Firstly, they will try to help you with the available resources. If that does not work then you can reach out to a live agent.

CONCLUSION:
So, in summary. We really liked the Huobi futures products. It is not only highly functional but is also secure and leverags the expertise that the team have at the main Huobi exchange.
For the futures instruments, there is a decent range of assets and leverage. Markets are also pretty liquid and these are all traded on a simplistic yet technically able trading platform. It’s also great that you can trade on PC programs and mobile apps as well.
When it comes to security, they have taken all of the same precautions that are used on the main exchange. Their 20,000 BTC strong insurance fund keeps them well protected and they have not had a single clawback of trader funds since their inception.
Yes, there are areas for improvement but the exchanges is still evolving and building out functionality. One can only hope that they take trader suggestions into account.
So then, is it worth considering?
Well, if you are looking for a highly functional and secure futures exchange that is backed by one of the biggest names in the business, then it is well worth a try.

Huobi Website: https://www.huobi.com/en-us/topic/invited/?invite_code=czdh5
UID: 138138177
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
submitted by sreenthepotato to u/sreenthepotato [link] [comments]

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER
HUOBI – THE EXCHANGE BUILT FOR THE FUTURE
A HONEST REVIEW BY AN USER
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Leon Li founded Huobi in 2013, a former computer engineer at Oracle. Huobi Global is a digital asset and crypto currency exchange headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States.
The Huobi Group, the parent company of Huobi Global, has received venture capital finance from prominent Beijing based ZhenFund and American VC firm Sequoia Capital.
The Huobi Global exchange serves traders in 130 countries. Through Huobi Global, traders can access almost 200 crypto and stable coin assets. Huobi users can download trading clients on both mobile and desktop devices.
Huobi has traded over US$1.2 trillion in digital assets, and at one time it was the world’s leading exchange by volume, capturing 50% of all global trading volume.
In terms of security, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. However, Huobi has implemented the ‘Huobi Security Reserve, in which Huobi has set aside 20,000 BTC reserved for users who have lost funds either due to hacks, or exchange failures.
Ease of use
The UI is clean, user-friendly and perfectly designed with all the basic requirements for a crypto-trader. The charting software is provided by Tradingview, which is exactly what you want.
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Huobi OTC
Huobi’s OTC exchange is a good initiative. The Huobi OTC exchange allows users to trade funds peer-to-peer which doesn’t affect the market price of the underlying asset. The OTC trading-desk, with transfer options like bank-transfers, PayPal, WU, Paytm, UPI, IMPS, Alipay & many others, is an easy to use payment gateway. With a secure exchange to diversify your investment, right next door, too with effective list of Buy and Sell options for BTC, ETH, USDT and EOS coins.
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Huobi Lite
Huobi Lite App provides a convenient channel for everyone to buy cryptocurrencies at the best prices. Tailor-made for beginners, traders, and users.
We can download the App directly from the respective iOS Store or Google Play Store. Alternatively, we may access via the link: https://lite.huobi.com/download
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On Huobi Lite, you can buy Bitcoin with your local currencies, credit card, or exchange cryptocurrencies tokens, with zero fees at competitive prices. Huobi Lite currently supports MYR / HKD / VND / USD (Credit Card deposit only), with more to come in the future.
Huobi Derivative Market (Huobi DM)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns.
3-Steps taken in Margin Trading:
  1. Request for Loan
  2. Trade on Margin (Long/Short)
  3. Repay Margin Loan and Interest
With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment.
The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery.
BTC/ETH/EOS/LTC/XRP/BCH/TRX/BSV/ETC Contracts are available on Huobi DM. Contracts are priced in USD, with corresponding digital currency (BTC/ETH/EOS/LTC/XRP/BCH/TRX respectively) as margin to open positions, and PnL is also settled in corresponding digital currency.
Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December.
Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
Huobi introduced Perpetual Swaps on March 27, 2020 (GMT+8). Huobi Perpetual swap is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. Similar to a margin spot market, its price is close to the price of the underlying reference index. The main mechanism for anchoring spot prices is the cost of funds. Perpetual swap have no delivery date. Users can always hold it. Perpetual swap are settled every 8 hours. After each settlement, the realized profit/loss and unrealized profits/losses are transferred to the user account balance.
Partial Liquidation
Huobi Futures adopted partial liquidation to help position holders reduce liquidation risk. Users with large positions and high leverage bear high risk. Huobi Futures releases partial liquidation with the aim to lower possible losses due to high price volatility thus giving users better trading experience.
Under partial liquidation mechanism, when liquidation is triggered, instead of liquidating all positions at once, the system reduces positions gradually till a grade whose margin ratio is great than 0. Full liquidation will only occur when the margin ratio of tier 1 upper limit net position still fails to be great than 0.
Trading Fees
The Huobi exchange has a fair trading fee structure. Every asset traded via Huobi Global is subject to a 0.2% trade fee, for both market makers and takers. Further, Huobi Global has introduced a tiered fee system which offers competitively lower fees for high volume traders. VIP membership gives access to various fee reductions and other benefits.
Huobi Prime
Huobi Prime, the Launchpad platform which we can call Direct Premium Offering (DPO), does share some similarities with initial exchange offerings (IEO) like Binance Launchpad, but it is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
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Huobi Wallet is the official mobile wallet of Huobi Group, a leading global digital asset financial service provider. It is a multi-chain asset management tool that provides native support for various types of blockchains and all of the ERC20 tokens. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi wallet is the first wallet to expand support to cover seven stablecoins including, Paxos Standard Token (PAX), TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), Dai (DAI), Stasis EURS (EURS), and Tether (USDT).
Huobi Wallet is built based on the core principle of security-first. The wallet gives back its users, complete control of their private keys. In simple terms, You own your assets. The wallet is backed up with mnemonics, so in future when you want to import your wallet, it’s just simple few clicks.
Currently, the wallet is compatible with both iOS and Android devices and you can download both from here (www.huobiwallet.com/en)
Huobi Chain
Huobi launched Huobi Chain’s Testnet (“the Testnet”) on February 29th 2020 (GMT+8). Huobi Chain is China’s autonomous cum compliant-ready blockchain platform, and is committed to providing a global, blockchain-based, digital asset infrastructure. Huobi Chain is committed to providing a high-performance, blockchain-based, global digital asset infrastructure. Once the Mainnet goes live, Huobi Chain will announce HT- related events: e.g. pledge HT to be a Super Node, etc.
HT Lock & Mine (Huobi Pool)
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Support
Users of the Huobi exchange can access 24/7 live chat and Huobi help center. Those facing issues can also open a support ticket to have their issue resolved by an expert representative immediately.
The Huobi Group has a very active YouTube channel, featuring Huobi Talk, where it posts user tutorials, detailed guides, and crypto currency information for traders.
What I like the most about Huobi
  1. An established platform that’s been operating since 2013, which is a long time in the crypto world.
  2. Highly secured with decentralized exchange structure, which helps to resist DDOS attacks. Huobi has never suffered a large hack.
  3. Huobi Security Reserve of 20000 BTC to compensate users’ loss of funds.
  4. Dedicated, fast and 24/7 customer support.
  5. Regulated in major jurisdictions.
  6. User interface is very smooth and clean.
  7. Over 230 crypto assets are available.
  8. User education program is good initiative.
  9. Separate trading desk for institution and firm size users.
  10. Very transparent about its operations, listings and projects.
  11. Huobi Wallet is secured and very easy to operate.
  12. Huobi mobile app is smooth and very easy to use.
  13. Competitive fees.
  14. Has taken serious steps towards avoiding wash trading.
  15. Impressive array of trading pairs.
  16. Has given more important on community participation, like voting for listing, mining pool, Huobi Knights program etc.
  17. I like Huobi Prime because of following reasons: -
(a) Purchased tokens are immediately deposited into user’s accounts,
(b) As projects launch exclusively through Huobi Prime from day one, all users get assets at the best price.
(c) Tiered price limits on the platform protect both investors and projects from immediate dump.
  1. Huobi screen projects and launches which are only the best. I don’t have to worry about poor or scammy projects.
  2. Burning of HT is a great move and it would benefit long term holders.
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
Visit
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
submitted by VinayTM to HuobiGlobal [link] [comments]

Prime Advantage Crypto Margin Trading Exchange audits

Prime Advantage immediately got one of the significant players in the cryptographic money exchanging world in any event, surpassing significant players like BitMex and other huge digital currency trades.

The fundamental point of Prime Advantage is to tackle issues that different trades have, for example, delayed KYC forms for endorsement, personal times, short liquidity, exchanging issues for bombing markets, request type/types that are restricted, not incredible UE, and obviously transcending trade expenses.

At Prime Advantage you can get extraordinary influence, helpful UI, broad liquidity and exchange volumes.

Influence at Prime Advantage

Experienced brokers will in general quest fundamentally for one element – influence. Most trades offer such an element yet it is exceptionally constrained considering exchanging digital forms of money. The influence rate at Prime Advantage is 1:100. I don't get this' meaning? For $1, you are getting purchasing as well as selling power that is worth $100. This at last gives you a passage to a greater market position – the chance to make more benefits and separately misfortunes.

At Prime Advantage influence is a key component. At the site you can locate an exhaustive clarification with respect to use and it is an extraordinary assistance for the individuals who don't totally get it.

Prime Advantage is an extraordinary decision of crypto edge exchanging trade for both begginer and propelled dealers.

Edge Trade on Prime Advantage

There is a clarification including a BTC/USD model.

In it, you expect Bitcoin costs $10,000 for every unit, and the cost went up by 5 % all through your venture.

On the off chance that you are utilizing no influence trade, you could have 10 bitcoins for $100,000

On the off chance that the value rose with 5 %, one BTC will be $10,500 so in the event that you choose to sell your 10 BTCs you will have $5,000 benefit from your underlying venture of $100,000.

In spite of that, in the event that you make this exchange at Prime Advantage with the 1:100 influence, you just compensation 1 % of $100,000 which is just $1,000 ahead of time. This means you will even now benefit $5,000 however you will just contribute $1,000.

At the Prime Advantage stage you can find out about the benefits of influence exchanging which incorporates the opportunity to up your benefits, let loose your money to utilize it for different speculations and furthermore gain at whatever point there is a market fall.

There is additionally an advantageous influence number cruncher on PrimeXBT, so you can make sense of your purchasing power dependent on your accessible capital.

The main thing you need to consider is that while influence is expanding the potential benefits it additionally builds the potential misfortunes.

That is the reason you must be extremely cautious when you utilize the maximum influence that is offered at PrimeXBT. Nonetheless, the accomplished and sure merchants thing that influence is one of the incredibly valuable instruments.

The most effective method to Profit From Movements Of The Markets

You may definitely realize that the digital money showcase isn't continually expanding and that is the reason PrimeXBT is offering strategies for circumstances when the market moves. You can exchange the mainstream monetary standards and simultaneously supporting possessions that exist or benefitting from rallies and market decays.

With Prime Advantage you may go short or long. Going long is purchasing and going short is selling. Going long methods you purchase BTC and when the estimation of BTC expands your record esteem ascends also. At the point when the cost of BTC drops down – your record esteem diminishes.

Going short implies that you can open a position and its worth will go up if the estimation of BTC diminishes.

Exchanging at Prime Advantage

But doing short/long exchanges and having influence 1:100, Prime Advantage additionally has incredibly easy to use and adjustable interface and furthermore underpins a few screens.

The digital currency stage is sheltered and solid likewise overly quick. It is incredible in any event, for amateurs yet additionally incorporates instruments that an expert dealer would appreciate.

There are numerous helpful diagram apparatuses including various sorts of outlines, many drawing instruments just as an alternative to exchange straightforwardly by means of the graph. The exchange charges and commission rates at Prime Advantage are low. Additionally there are tight crypto spreads.

Prime Advantage Platform For Trading

Тhere is a live stage exchanging review at PrimXBT so you can encounter how everything functions in advance. A bit of leeway is that this see is incredibly like the real form.

One of the distinctions is that there is a mark Positions at the base of review screen. With the live Prime Advantage record you will see positions list with segments: images, positions ID, date and time, present costs, benefit take, misfortune stop, etc.

As this see alternative isn't account related, it is obscured and over you can discover the register or sign in choices.

All things considered Prime Advantage is the thing that you anticipated that it should be on the grounds that it is very like the exchange pages handy financial specialists are acclimated. On the left top screen side you can see the money sets list including USD/LTC, USD/BTC, USD/ETH, USD/EOS, USD/XRP. You can see the value offer, change and approach costs for each pair. The figures are shaded in red, green and white. Green demonstrates increments and red shows diminishes.

At the point when you click on a couple you will see the purchase/sell screen for this crypto pair. The purchasing/selling costs and the low and the high for the pair will be accessible moreover.

Under this segment, to one side of the exchanging screen, there is the Order Book. It shows data for any digital currency pair you as of late browsed the upper left is part to buys and deals. But the costs and amounts list, the Order book likewise offers the chance to see visual diagrams portrayal in red and green. It is exceptionally advantageous as you can see the progressing patterns.

There is an outline at the exchange page's primary segment, which sits on the privilege of the crypto list and the request book. At the upper left of this outline you can see the money pair that is spoken to.

This can be balanced when you click the container where the pair is recorded and type the new crypto paithere is likewise an auto fill alternative/or when you click on the cryptographic money pair situated in the left of the posting crypto area.

Prime Advantage Reviews
The default graph at Prime Advantage is a candle one. It is red and green demonstrating costs vertically and time on a level plane. Pointing over the graph show the specific time and date, high and low, open/close and the worth.

The time length can be expanded or diminished when you change the diagram time which is under the fundamental outline. The majority of the settings are found at the highest point of this graph.

There is a menu by means of which you can make candle interim change. Default time is set to 5 min. however, there is the alternative to change to 1, 15, 30 min. or on the other hand pick a day, seven days, or a month. Left of this you can discover a possibility for exchanging the candle diagram to charts – line or bar.

Additionally there are possibilities for line of sight. Brokers can browse long and short or from various markers, instruments and lines including pattern lines and channels, apparatuses, for example, Fibonacci Rays and some more.

For experienced merchants there is a segment called Studies which can be gotten to from a test tube symbol right of the referenced choices above and left of area Studies. You have a decision of numerous examinations accessible or to include your own investigation. You can utilize 5 at once.

The techniques for exchanging at PrimeXBT are two. At the left half of the page you may tap on the pair you picked and fill the data in the case that springs up. Then again you have the choice to utilize a segment at the left top diagram corner, under the pair's name.

Expenses and Limits at PrimeXBT

The stage has 2 kinds of expenses, fund for the time being and exchanging. As instruments consider an utilized item you need to back the worth exchanged through for the time being money.

This financing relies upon the hidden resource's liquidity. Assuming, be that as it may, you open or close utilized situations in a similar exchange day, you are excluded from financing for the time being choice.
Prime Advantage Price
The constraint of introduction is confining the size of an alternate position each customer can have with the stage PrimeXBT. The exchange stage won't let brokers putting orders surpassing this breaking point whenever did.

This limitation is set up by the division of hazard the executives of Prime Advantage and is relying upon significant components like the liquidity of the instrument, instability and couple of other market and exchanging conditions.

End

As we as a whole realize the exchanging space for digital forms of money is a jam-packed one and Prime Advantage has made one firm contribution.

Prime Advantage exchange stage is very simple for use, has low commission expenses, spreads are tight and the influence is advertise driving at 1:100. Albeit another trade Prime Advantage end up being one of the growing ones and furthermore with an extraordinary notoriety in the digital money exchanging world.

Obviously, as this is a trade that offers influence, make certain to continue with it mindfully in the event that you haven't attempted this sort of exchanging previously. It is exceptionally simple to destroy things and end up with liquidation and loss of the cryptographic money you own, particularly on the off chance that you are utilizing transcending influence sum.
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submitted by primeadvantageapp to u/primeadvantageapp [link] [comments]

What is your favorite use case for DASH, BCH, BCH or LTC?

Since the beginning of bitcoin we have been infiltrated by agents who are inside our community to create conflicts. DASH maximalism is as destructive as BCH or BTC maximalism
Their strategy is simple, pick one side, praise that choice as superior, get fame & credibility for that, then bash the other community to create conflicts which in the end suck out a lot of energy which we would need for actually promoting the real objectives & building real solutions.
All the coins which have a verifiable limited demand are valid for the purpose to liberate us from the intransparent inflation scam, that has ever been the main purpose of bitcoin, to be a hard & transparent money, to create a medium of exchange that is actually worth what people expect it to be worth.
If you like that approach to find a common goal inside the DASH, BCH, BTC & LTC communities you can create more freedom and peace by using all of them for their specific purpose and praise the positive aspects of that coin without even mentioning any other coin.
In my specific case DASH is great for buying foods & clothes & technology in Venezuela, Colombia, Thailand, New Hampshire, Nigeria. You can find all the verified DASH accepting merchants on http://bitcoinmap.cash and you can find unverified merchants of all kinds on http://discoverdash.com
DASH is great for buying anything with the DASHBACK of 10% which http://anypay.global offers on every DASH consumption! Statistics: http://charts.anypay.global Their map: http://map.anypay.global They currently have a pool of 136 DASH waiting to be dashbacked to you!! https://charts.anypay.global/#/dashback
DASH is great for doing extremely fast trades or extremely fast recharges of mobile phones thanks to InstantSend on http://bitrefill.com or any InstantSend enabled exchange.
BCH is great for shopping in Slovenia, Japan, Barcelona, Australia and online you can get a great discount of 20-30% on each purchase using http://purse.io
BCH is great for coming up with an ICO or token sale and to integrate some automated Cash Scripts into any app that wants to support that. https://github.com/Bitcoin-com/cashscript
BCH is great for buying anything with the BCHBACK of 10% https://charts.anypay.global/#/bitcoincash-back They currently have a pool of 3 BCH to be rewarded to anyone paying with BCH at an Anypay merchant that wants to take that coin. In the end the merchants choose which coins they want to accept.
BTC is great for onboarding noobs, as they will always believe that the biggest coin must be the best coin. BTC is also great to spend them in Arnhem in Netherlands https://www.arnhembitcoinstad.nl/, or at Rovereto in Italy or at many places in Venezuela which actually accept BTC more often than they do accept BCH or DASH. Lately the tx cost of BTC has been as low as 7 cents for a transaction, for many users that is totally ok, as in many territories on this planet we have huge tx fee scams going on. Just last week I had to pay with BTC as that was the only bitcoin they would accept, but I am still happy that I was able to purchase with any bitcoin at all without touching that FIAT scam money.
What is your favorite use case for any of these coins mentioned above? Would you mention any other bitcoin which is limited and transparent? I have never used LTC, but probably there are also some people who have done that.
submitted by SatoshisSoul to dashpay [link] [comments]

I’ve finally accepted that I am a failure at crypto trading.

It seems like the only time I know how to hold is when my coins are losing value, and the only time I can sell is when the coin is about to magically start pumping. I feel like I got into crypto in the worst way. I got lucky.
Back in October I had been holding a small amount of bitcoin that I bought around 5k usd when the whole China fiasco happened. At that point in time I was up about 35% in a few months. It was about that time that I began searching for a good altcoin to invest in.
I found vertcoin when it was about $1.
From what I read about vertcoin it seemed to be in a prime position for growth. When it reached about $1.50 I decided to jump aboard, because what the heck. My bitcoin wasn’t making near the gains that vertcoin was showing. So I decided to use shapeshift to convert all my bitcoin into vertcoin (I now know this was stupid but I got lucky.)
Not even an hour later Vertcoin began its run up to about $5, and I was on cloud 9. I was literally pacing around my room trying to figure out if I was dreaming or not. I began fantasizing about the end of my minimum wage job and being able to move out of my moms place, (im 25 so it’s a bit embarrassing).
This is the point where I became quite delusional.
I became absolutely obsessed with vertcoin, I was telling everyone I knew about it. I ordered Vertcoin business cards from vistaprint to hand out, I stopped almost all of my hobbies in favour of watching Vertcoin move on bittrex, and I relentlessly patrolled the Vertcoin reddit forums and twitter. I kept coming across posts about vertcoin being “a better litecoin” and how it should be valued in proportion to litecoin “soon”.
After vertcoin had peaked around $5, it spent the next while correcting and consolidating but at this point it I was already addicted to the rush of making money without doing anything. It wasn’t coming in fast enough. I noticed that litecoin was extremely stable in price around this time, and vertcoin kept losing value. So I figured: if I trade some vtc for ltc I could trade back for more vtc if it keeps falling, which seemed likely. Sure enough, it kept falling after I made the trade. I kept checking shapeshift to see how many coins I would profit, and as soon as it showed signs of dipping back down, I locked in my profits. I made about 30 vertcoins so easily! I felt like a trading god.
This is when I got cocky.
Every single day after that I was on shapeshift with my ledger nano s on my lap and 4-5 bittrex windows open at any given time. I made a few more decent trades, netting 5 vtc here, 7 vtc there. It seemed too good to be true.
It was.
Right around that time is when I discovered Komodo. It seemed to be a godsend to the crypto world with barterDEX being developed as a decentralized exchange with peer to peer atomic swaps, essentially cutting out the middleman (exchange fees). Even better: it was still cheaper than vertcoin.
I waited awhile until I saw Komodo moving up with some momentum, and I made the trade. ~125 vtc for ~250 kmd. This is when everything went sour. Komodo stopped its run for a consolidation phase, and vertcoin began to pump HARD. I felt the panic coursing through my veins, my palms began to sweat and shake, I could hardly enter my ledger PIN properly. I watched in horror as shapeshift continued to offer me less and less vertcoin than I had given them... I kept thinking don’t panic, it will come back... but it didn’t. I had to act now. I traded back at a loss. I was in disbelief. Almost all of the Vertcoin I had gained in my previous trades was gone. Weeks and weeks of studying charts and waiting games completely wasted. After giving myself shit, I vowed to only hold coins from then on.
This would not be the case.
At this point I still had my minimum wage job, and I was putting FULL paychecks into vertcoin bi-weekly (very fucking stupid). It didn’t take long, soon I had more money in crypto than I had in fiat... (never do this).
As an amateur trader, I completely neglected the fact that I was pushing my average buy-in up and up with each purchase. I thought the sky was the limit for vertcoin. People were making $20-$30 price predictions all over the internet, and key technical advancements were supposedly right around the corner. It just HAD to fly.
Now there was a point around $10 per vertcoin that I considered converting to bitcoin to sell back to fiat because I had never had this much money before, it just wasn’t in a very spendable form. I decided against it (A decision I would regret shortly after).
Vertcoin began to melt away in value, and I was so deluded that couldn’t understand why. I decided I would try the old shapeshift switcheroo again. I fucked up badly because I didn’t even do any form of analysis on the coin I traded to. I just knew vertcoin was going down and this other coin was going up.
Of course after the trade, it reversed. Vertcoin went back up, and the other started to fall. I lost 16% of my vertcoins that day because of panic and ignorance.
I would continue to make about 4 bad trades for every 1 good trade but I was still so irrational that I kept thinking: one of these times I’ll hit the jackpot on a trade and all of this will be worth it.
Well, as it were, my luck had run out.
I continued to lose money until I was right back where I started. With my initial investment.
Since then, I’ve been struggling with depression and learned helplessness, anger issues and I still feel the creeping urge to fire up the computer and make another trade. It feels like hell, but I know it is insanity. I have an amazing life full of people that love me and I have been utterly neglecting them for invisible coins.
I used to practice meditation and I lived my life in quite a zen-like state for years. Crypto destroyed this for me. I used to love programming in python, but I’ve been away from it so long that I’ve lost a lot of my skill. Every time I try to do some coding, I just end up watching crypto charts...
I’ve been getting back into meditation and picking up my old hobbies again but I’ve never felt the same since crypto has fucked with my head. I’m considering locking away my ledger for a few years but the thought of it seems like an impossibly difficult task.
I suppose the only silver lining to this story is that I haven’t actually lost any money, I just lost all my gains by trading foolishly.
This is my story and I hope you can learn something from it, thanks for reading.
TL;DR: I lost all my gains after some beginner’s luck made me get cocky and crypto obsessed. I made the mistake of continuing to day-trade instead of just holding my coins.
submitted by vanntasy to CryptoCurrency [link] [comments]

Volume? Yeah, we have volume.

Volume? Yeah, we have volume. submitted by FreeJack2k2 to litecoin [link] [comments]

Public APIs to download historic Bitcoin candlestick data from Binance, Bittrex, KuCoin, Kraken, and more.

Hi Everyone,
I've seen a lot of interest from people in this group to access historical Bitcoin candlestick data. To help everyone out, we've made all of our candlestick data public. That means you can access everything we have here:
https://developers.shrimpy.io/docs/#get-candles
You don't need to sign up for an account or anything. The data is completely public for use. Just call the endpoint in your browser to test like this:
https://dev-api.shrimpy.io/v1/exchanges/binance/candles?quoteTradingSymbol=BTC&baseTradingSymbol=LTC&interval=1H
Try a few different pairs, exchanges, and candlestick sizes - I think you will find it pretty exciting! You can of course plot this data as well. We have some examples of how to plot candlestick data here.
I'm happy to answer any questions if you have some. Looking forward to hearing your feedback!
We also have endpoints for live order book snapshots, market data, trade websockets, and more. You can find our full guide on how to make a crypto trading bot (with all these different data endpoints) here.
submitted by ShrimpyApp to Bitcoin [link] [comments]

BITCOIN and LITECOIN NEW ALL TIME HIGHS 2019!? btc ltc price prediction, analysis, news, trading BITCOIN & LITECOIN WAVES  BTC LTC Price Update What is the BITCOIN chart showing us? BTC, LTC, ENJ + MORE! BITCOIN AND LITECOIN BULLISH FOR NEW YEAR!?btc ltc price prediction, analysis, news, trading MASSIVE BITCOIN DUMP COMING!? LTC and ETH also !? Crypto TA price prediction, analysis,news, trading

Exchange Litecoin (LTC) to Bitcoin (BTC) The list below shows exchangers where you can exchange Litecoin (LTC) to Bitcoin (BTC). The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website. The Bitcoin supply is limited to 21 million coins. In some stores, you can use Bitcoins to buy food and drinks, video games, flights and even property directly. The real-world transaction in Bitcoin was made in 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas which were worth only $30. Later on, 10,000 Bitcoins were worth tens of million ... Litecoin Price (LTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in . Get started. Price charts Litecoin price. Litecoin price (LTC) Add to Watchlist $ 57.68 +3.11%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 12:41 PM 4:51 PM 9:02 PM 1:12 AM 5:23 AM 9 ... Litecoin price chart price chart Trading pairs Market Depth chart LTC to USDT Order Book LTC to USDT Time & Sales LTC / USDT. Bitcoin.com. Exchange ; Market Overview ; System Monitor Litecoin - Bitcoin Chart (LTC/BTC) Conversion rate for Litecoin to BTC for today is BTC0.00449720. It has a current circulating supply of 65.7 Million coins and a total volume exchanged of BTC226,116.19513178

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BITCOIN and LITECOIN NEW ALL TIME HIGHS 2019!? btc ltc price prediction, analysis, news, trading

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