It's so early concerning "crypto" in general that the "wild west" scenario continues to be as prevalent as ever. No regulation means an open invitation to newbies who are finding their way into buying new digital coins and thinking a safe place to keep them is an exchange. As we well know, this couldn't be further from the truth.
Because really speaking, any monies passed on to an exchange are effective "gone". Whether you get them back or not is another matter entirely. That's how I see it. And I fear it will take a whole lot of hurt initially in order for things to change. But change it will and patience is key. The blatant manipulation by exchanges and online "crypto" banks is a major problem right now.
Let's watch this space and see where things lead... Insightful stuff from you, buddy.
Are you expecting Bitcoin Cash to crash hard when it starts to be freely traded then? I think we'll see the price quite high until the dust settles and people start to access their Bitcoin Cash and dump it
I've given up predicting what the market will do a long time ago!!
The current price is very impressive for a new coin, with fairly little to distinguish it from any other coin, other than the manner of it's inception. It's price is especially impressive given many thought it would die away pretty quickly.
Who knows what momentum and buy interest it can generate... and whether it can sustain it?
You are right... people have been playing the arbitrage game with SBD between Poloniex and bittrex. Poloniex have yet to responded to me in 2 months haha ... its only a few hundred tho so no worries.
Nanzo-scoop. What are your thoughts on Control Finance? It's a website that promises daily payouts of 1%- 1.5% it seems very similar to Bitconnect. They claims to have bots that invest your money so that you can turn $1000 into $50,000 in 288 days with daily payouts of $750. Seems to good to be true. I have invested $1000 and will possibly invest more. Just trying to gather as much info as possible from people who know more about the Crypto space than I... Here is a link to the website. https://control-finance.com/?ref=scottig311
I just want to infect you with a wonderful mood, as sunny as a summer nice day. I wish that you have never been visited by sadness, melancholy and moments of despair. Let in your soul it will always be light, and on the face irrespective of the weather a radiant smile shines - a sure sign of a good mood!
These arbitrage opportunities offer good short term value, but I think you would need to have a lot of assets available before the risk becomes worthwhile. If you have to leave more than 5-10% of your investment assets on an exchange, you are at huge risk to eventually lose a ton of money when the exchange goes down.
Great vlog, @nanzo-scoop...
It's so early concerning "crypto" in general that the "wild west" scenario continues to be as prevalent as ever. No regulation means an open invitation to newbies who are finding their way into buying new digital coins and thinking a safe place to keep them is an exchange. As we well know, this couldn't be further from the truth.
Because really speaking, any monies passed on to an exchange are effective "gone". Whether you get them back or not is another matter entirely. That's how I see it. And I fear it will take a whole lot of hurt initially in order for things to change. But change it will and patience is key. The blatant manipulation by exchanges and online "crypto" banks is a major problem right now.
Let's watch this space and see where things lead... Insightful stuff from you, buddy.
Are you expecting Bitcoin Cash to crash hard when it starts to be freely traded then? I think we'll see the price quite high until the dust settles and people start to access their Bitcoin Cash and dump it
I've given up predicting what the market will do a long time ago!!
The current price is very impressive for a new coin, with fairly little to distinguish it from any other coin, other than the manner of it's inception. It's price is especially impressive given many thought it would die away pretty quickly.
Who knows what momentum and buy interest it can generate... and whether it can sustain it?
You are right... people have been playing the arbitrage game with SBD between Poloniex and bittrex. Poloniex have yet to responded to me in 2 months haha ... its only a few hundred tho so no worries.
One has to be careful about some bitcoin or exchang wallets , scammers are everywhere
Nanzo-scoop. What are your thoughts on Control Finance? It's a website that promises daily payouts of 1%- 1.5% it seems very similar to Bitconnect. They claims to have bots that invest your money so that you can turn $1000 into $50,000 in 288 days with daily payouts of $750. Seems to good to be true. I have invested $1000 and will possibly invest more. Just trying to gather as much info as possible from people who know more about the Crypto space than I... Here is a link to the website. https://control-finance.com/?ref=scottig311
Here is the spreadsheet that show payouts and how the $1000 turns to $50,000 https://drive.google.com/file/d/0B6zMVwCQvwyWcVhiY01YdTduczQ/view
I got tired of Googling crypto prices, opening 10 tabs from 10 exchanges or installing apps that take up 100 MB on my iPhone and do the same thing so I came up with a solution to our common problem, hopefully you'll find the solution useful https://steemit.com/bots/@steemboy/how-i-track-cryptocurrency-without-apps-websites-and-google
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Morning! Thanks for talking about BCH! inspiring :D
to be honest i feel everything is like this these days when it comes to crypto currency! and it's gonna get crazier! :)
Hello my dear friend
I liked your account
I follow you
I'm happy to follow my account
Good luck
@haji
Very great point, whomever runs these exchanges has great power at their fingertips!
I just want to infect you with a wonderful mood, as sunny as a summer nice day. I wish that you have never been visited by sadness, melancholy and moments of despair. Let in your soul it will always be light, and on the face irrespective of the weather a radiant smile shines - a sure sign of a good mood!
These arbitrage opportunities offer good short term value, but I think you would need to have a lot of assets available before the risk becomes worthwhile. If you have to leave more than 5-10% of your investment assets on an exchange, you are at huge risk to eventually lose a ton of money when the exchange goes down.
We've seen it happen enough times before now...