Dogecoin USD Chart (DOGE/USD) | CoinGecko

A video that I thought was funny until I checked price charts and wondered why Bitcoin crashed leading to why Dogecoin is so low right now

A video that I thought was funny until I checked price charts and wondered why Bitcoin crashed leading to why Dogecoin is so low right now submitted by RickIniguez to dogecoin [link] [comments]

News



Dogecoin surges to dizzying heights amid TikTok hype
Oliver Knight
July 9, 2020, 6:27 am
Dogecoin, a longstanding staple of the cryptocurrency ecosystem, has been struck by a remarkably unexpected rally over the past 48-hours, with it now trading 82% higher against Bitcoin than it was two days ago.
The meme-friendly digital asset, which was created as a joke in 2013, has emerged as a target for millions of TikTok users that claim it will rally all the way to $1.
The #DOGE hashtag now has millions of posts on both TikTok and Twitter, with cryptocurrency exchanges responding by listing both futures and perpetual swap contracts of the cryptocurrency.
This morning Binance revealed that as of tomorrow customers can trade Doge/USDT with up to 50x leverage.
Bitfinex, meanwhile, announced that it will list MDOGE with a conversion rate of one million as it attempts to capitalise on the recent wave of hype.

While a coin like Doge pumping unsustainably may seem like fun, investors should be wary about using leveraged products as it massively increases the risk of liquidation.
To be clear, this is not financial advice but retail investors should be cautious about buying into an asset that has already made substantial gains on the back of a viral social media post, especially when Doge has been the recipient of a number of pump and dumps over the past two years.
Looking at Dogecoin’s chart, the current level of 50 sats has been a historical point of support and resistance dating all the way back to 2015, which means price may be halted here unless another wave of volume comes in.
For more news, guides and cryptocurrency analysis, click here.
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submitted by dogercoin to dogecoin [link] [comments]

Dogecoin, Chainlink, XRP Price Analysis: 19 July

Ordinarily, Bitcoin’s price performance on the charts will be mirrored by the many altcoins in the market. However, off-late, that hasn’t been the case. Despite many alts noting corrections over the past few days, not every alt got the memo, with the likes of XRP and Dogecoin climbing, while LINK continues to correct. XRP Source: […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Lets All Get Rich—Teen TikTok Traders Want To Send Joke Bitcoin Rival Dogecoin To The Moon (current BTC/USD price is $9,228.39)

Latest Bitcoin News:
Lets All Get Rich—Teen TikTok Traders Want To Send Joke Bitcoin Rival Dogecoin To The Moon
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin vs. Altcoins: Which rocket will fire first?

Bitcoin vs. Altcoins: Which rocket will fire first?
As always, we present the latest findings and insights in the crypto world every 14 days. About 8 weeks ago, we wrote in our report for the first time in a long time that we assume that the altcoins will make another strong comeback. From today's perspective, we have hit the bull's eye.


The current situation on the market is interesting: It seems that we are in a panic phase in which everyone is looking for the next big Altcoin pump.
Good examples of this are the sometimes irrational rise in Dogecoin's price or the multitude of extremely bullish tweets about some DeFi tokens on Twitter.
In this report we look at the "boring" Bitcoin course and the altcoins.
On the one hand, we ask ourselves how BTC is as digital gold given the fact that gold is on the way to an absolute all-time high.
On the other hand, we want to see if there is any further upside potential for the alts.

The Altcoin casino is in full swing

Two weeks ago we looked at the Bitcoin dominance chart. We were able to identify an upward channel.
A look at the chart below shows that this channel has clearly been broken down.
The Altcoin casino is in full swing and shows how much interest (and longing for big profits) is among many investors.
Let’s finish dominance and take a look at the NASDAQ DeFi Index.
Since September 2019, NASDAQ has listed a DeFi index that tracks MakerDao, Augur, Gnosis, Numerai and 0x. Admittedly, the currently large projects such as COMP, Lend, KNC and SNX are missing.
Here too we can see that the DeFi market (according to the index) has been in the consolidation phase for a few days.
However, if we look at other projects like the ones just mentioned (COMP, LEND, etc.) or Dogecoin, we can see that there is still positive momentum in the Altcoin market.
It is important to understand that you should not be tempted by FOMO.
The entire DeFi market is in a young phase, growth has been high in the last few weeks, and investors should, therefore, expect consolidation before any further growth phase begins.

Bitcoin and altcoins: an overview of on-chain metrics

In contrast to chart analysis, on-chain metrics help us to understand more complex relationships and to identify long-term or sustainable trends.
In this case, we are now looking at a chart that shows us when Bitcoin was last moved:
We can see that the last time that so many BTC were not moved was in January 2016.
This time marked the end of a bear market. Let us be surprised by how the current journey will continue from here.

Ethereum Net Flow: What about the ETH offering on exchanges?

In addition to Bitcoin, we also want to look at Ethereum. We start with a well-known graphic: the netflows from Exchanges.
Here we can see over the period from mid-March that more Ethereum (ETH) flowed from exchanges than to the stock exchanges themselves.
The peak was June, in which around 800,000 ETH more flowed from exchanges than went to them.
Long story short: We see a shortening of the offer on the stock exchange, which is logically bullish for Ethereum.
In summary, we can say that the entire crypto market is currently in good condition. Bitcoin is stable at over $ 9,000 and some altcoins have been picking up speed over the past few weeks. At the same time, BTC dominance decreases, which gives the altcoins further scope. The on-chain metrics fit into this sentiment and make us bullish.
submitted by jakkkmotivator to thecryptobasic [link] [comments]

Trading View (Request)

App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas. Real-time quotes and charts are available for wherever you are at whatever time.
At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.
You can effectively track stock market and major global indices such as the NASDAQ Composite, S&P 500 (SPX), NYSE, Dow Jones (DJI), DAX, FTSE 100, NIKKEI 225, etc. You can also learn more about exchange rates, oil prices, mutual funds, bonds, ETFs and other commodities.
TradingView is the most active social network for traders and investors. Connect with millions of traders from around the world, learn from the experiences of other investors and discuss trading ideas.
Advanced Charts TradingView has excellent charts that surpass even desktop trading platforms in quality — all for free. No compromises. All of the features, settings and tools of our charts will also be available in our app version. Over 10 types of charts for market analysis from different angles. Starting with an elementary chart line and ending with Renko and Kagi charts, which focus heavily on price fluctuations and barely take time into account as a factor. They can be very useful for determining long-term trends and can help you earn money.
Choose from a large selection of price analysis tools, including, but not limited to, indicators, strategies, drawing objects (i.e. Gann, Elliot Wave, moving averages) and more.
Individual watchlists and alerts You can track major global indices, stocks, currency pairs, bonds, futures, mutual funds, commodities and cryptocurrencies all in real-time.
Alerts will help you not to miss the smallest of changes in the market and will allow you to react in time to invest or sell profitably, increasing your overall profit.
Flexible settings help you to track the indices you need and also group them in a way that is convenient for you.
Syncing your accounts All saved changes, notifications, charts, and technical analysis, which you began on the TradingView platform will be automatically accessible from your mobile device through the app.
Real-time data from global exchanges Gain access to data in real-time on more than 100,000 instruments from over 50 exchanges from the United States, Russia, the East, and countries in Asia and Europe, such as: NYSE, LSE, TSE, SSE, HKEx, Euronext, TSX, SZSE, FWB, SIX, ASX, KRX, NASDAQ, JSE, Bolsa de Madrid, TWSE, BM&F/B3, MOEX and many others!
Commodity prices In real-time, you can track prices for gold, silver, oil, natural gas, cotton, sugar, wheat, corn, and many other products.
Global indices Track major indices of the world stock market in real-time: ■ North and South America: Dow Jones, S&P 500, NYSE, NASDAQ Composite, SmallCap 2000, NASDAQ 100, Merval, Bovespa, RUSSELL 2000, IPC, IPSA; ■ Europe: CAC 40, FTSE MIB, IBEX 35, ATX, BEL 20, DAX, BSE Sofia, PX, РТС, ММВБ (MOEX); ■ Asian-Pacific Ocean Regions: NIKKEI 225, SENSEX, NIFTY, SHANGHAI COMPOSITE, S&P/ASX 200, HANG SENG, KOSPI, KLCI, NZSE 50; ■ Africa: Kenya NSE 20, Semdex, Moroccan All Shares, South Africa 40; and ■ Middle East: EGX 30, Amman SE General, Kuwait Main, TA 25.
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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]

We’re giving away an Apple Watch 5 as a thank you to the cryptocurrency community for supporting Crypto Pro.

The winner has been chosen: https://www.reddit.com/Bitcoin/comments/e465tg/and_the_winner_of_the_apple_watch_5_is/
EDIT:
When the timer is done, we will run the linked script to select the winner. The script takes the Reddit IDs of all comments in this thread and sha256 hashes each one. It then finds the closest comment hash to the hash of latest Bitcoin block at the time (4PM PDT 30/11/2019).
We will pick the first eligible comment from the list of results. (Our comments are ineligible)
This way the results are completely random and yet still verifiable by everyone. You can run the script yourself and reproduce the results. (we will paste in the script output)
https://gist.github.com/CryptoProApp/d2fa04fab93bbdc8602693f488ece354
In the holiday spirit, and as a thank you to the cryptocurrency community, we, at Crypto Pro are giving away brand new Apple Watch 5 to one lucky bag holders.
Crypto Pro launched back in 2015 when Bitcoin was priced at $200 a pop, and Dogecoin ranked 7th. We wanted to create a small Apple Watch widget so that everyone can see Bitcoin’s price at the flick of a wrist.
The app has gone a long way since then, and we have the reddit and cryptocurrency community to thank, for giving us both encouragements and constructive feedback to shape what the app is today. So thank you:)

Rules

  • Enter by simply commenting on this post. 1 comment = 1 entry
  • Only accounts created before the post is published (to avoid new account spamming).
  • Submissions will last for 24 hours, then the winner will be picked via a random comment selector. The Winner will have 48 hours to respond before picking another winner.
  • We will airdrop/ship the Apple Watch to any country, so long as it is possible to do so. Winner can select the size & color of band (standard).

What is Crypto Pro?

Crypto price / news / portfolio app designed for iOS. Users can see stats like portfolio gains, losses, and other cool analytics. As well as set price alerts, read news, connect to your exchanges and wallets. Here's a link to check us out!

How are we different?

We are the only major cryptocurrency app that keeps all the user data on device and doesn't track or analyze it in any way. We believe that privacy is important, and that no one should have access to your portfolio size, market viewing habits, or API keys. Everything is encrypted and stored locally on your phone. When you delete the app, all your data is deleted… the way it should be. (but we have an option to backup to your own iCloud or Dropbox account if you want to).
We also think the design is pretty cool tbh. We got some nice sparklines going, cool charts, real-time pricing, and a bunch of other cool features. Here’s a few pictures I put together with a sample portfolio > https://imgur.com/a/acj0l67

What should I comment?

Feedback on the app is always appreciated :) or comment the year you first learnt about Bitcoin, or your price prediction for December 2020, or some just some random gibberish ಠᴗಠ.
Happy [belated] Turkey Day!
- Crypto Pro Team
P.S. Buy the fucking dip.
P.P.S. ^ not financial advice.
P.P.S. Upvote if you'd like us to throw more giveaways in the future!
The winner has been chosen: https://www.reddit.com/Bitcoin/comments/e465tg/and_the_winner_of_the_apple_watch_5_is/
submitted by Bull127 to Bitcoin [link] [comments]

realtalk

facts:
- price moves purely based on bitcoin and in correlation with other alts - the tangle is irrelevant to pricing - the tangle can literally get shut off and the market doesnt give a shit - you arent invested into a technology because your investment doesnt reflect it - you might aswell hold dogecoin, in fact - the chart looks much more promising
if you disagree you are in denial.
submitted by thatleechi to IOTAmarkets [link] [comments]

Dogecoin exchange

Hello guys,i'm 22 years old and im still learning programming . Now im building exchange for dogecoin,bitcoin and litecoin in php .Im interesting did anyone want consume it?Just for testing(small amounts for trade).I'm imagine it like exchange that not want email for registration(for the sake of anonymity),only username.I have a lot of works,and i need help about charts.Idk what module to use (javascript)for that and dont know how to use it.Private key and publick keys i generate mannualy 'cuz idk how do that in another way(i only know web scrapping for this solutions...).I belive thats 100% unsecure but i always have big goals.P.S. im solo lerning programming.Ofc i full understand blockchain tehnology and i know how to build own small cryptocurrency in few programming languages (basic functions of blockchain and cryptocurrency).Hard and hard work is waiting for me, vote if you support me and if you think you will be able to test the exchange office(3$-10$ not more cus its not secure,i have no idea about cyber security).Thanx in advance guys.You cannot imagine how im hard working on programming....it's all harder because I'm alone in it and spent so much time on learning,and i lost my all friends,but every sacrifice and effort pays off.And sorry for my ,,perfect'' english.
submitted by holle197 to dogecoin [link] [comments]

If you hodl or trade, you`re the biggest problem with the world of cryptocurrencies.

There`s 3 components to a market economy: Spending, Savings & Investments. We only have 2 and those are way off balance.
Spending: Payments. Drives Inclusion & Adoption. Represents the primary bridge to real world assets.
Saving: Store of Value, Essential driver for stability. The ideea that your holdings are safe over time and don`t depreciate.
Investments: Trading, drives value of the economy, corrects inflation.
State of the nation:
IF there`s any chance at adoption, don`t just HODL. Don`t just DayTrade. Spend what you have. Money needs to move.
The moment you start spending a portion of cryptocurrencies, that money moves. The entire supply chain benefits. Miners Mine, Exchangers Exchange, Businesses get paid, Taxes get taxed. The underlying value of your holdings grows as you tell more people how you paid your AliBaba supplier in Bitcoin and didn`t have any trouble with your EU based bank making a fuss over "why you`re sending money to Asia".
If the only thing you do with Crypto is to buy it, hold it or trade it, it has no impact on real life. It`s not inviting more people to use it. Demand doesn`t grow. the value chain remains closed and non-inclusive. And it`s against the basic principles of Blockchain. You, the person who only has 10 USD in Dogecoin or the Hodler who has 8 bitcoins since Satoshi was in diapers, you`re responsible for the value of your assets and growth of your community. If you don`t SPEND it, people around you have NO reason to adopt. And if they do adopt, they do it for the wrong reasons and simply add to the volatility.
Introduction:
I`ve been in this space since 2009, reading all I could get my hands on. Coming from a poorly banked background and still having frustrations due to the inability of making online purchases at the time, just coming out of a recession, Bitcoin`s vision struck a nerve with me. I`ve been an avid believer in blockchain ever since and at no point did I buy crypto to store value, hedge my bets, invest, digital gold or any of this. I went in because it was, and still is: the easiest way to send money across the world. Ethereum`s smart contracts bring this simple function to a new level, introducing conditions to be met for the transfer itself. Simple, open, transparent, inclusive. Period.
What we`ve become, as a community:
As a whole, this community went from a group of passionate people who wanted an alternative to banks, government and politics, people who wanted to deal directly with other people, to something weird I can`t describe as a whole, but more as personas. Here`s what I`m seeing:
  1. The "I wanna buy Pizza with Bitcoin" crowd. I`m one of them. We just wanted a simple alternative, we were okay with volatility because we always knew the more people use it, more stable it gets as an alternative currency. Conspiracy theorists, tech geeks, scientists, curious people fascinated by the endless possibilities of a global, open banking system, built by the people, for the people. Joined from the first 3-4 years of Bitcoin, many still join it.
  2. The Hodlers: Also coined as the true "Believers". They`re responsible for the initial traction, and would rather liquidate their house than to "sell off" their Bitcoins. They see Bitcoin and other currencies as a "store of value" and see not much difference between buying/storing Gold and Crypto. Joined after the first group and peacefully co-existed with everybody so far. Most dedicated miners came from this group/generation of adopters.
  3. The Traders: People coming from the finance world. They either did Hedgefunds, Forex, VC. Smart opportunists that saw the first 2 groups, saw the potential value of the system as something to be gained from (nothing wrong with this) and heavily capitalize on it. These were the first guys to look at crypto as financial instruments and started fighting the compliance game. This is also where market manipulation started.
  4. The "Tokenize the world" generation. Driven by technology on one side, by the ICO madness on the other side, this opportunistic group wanted to create a token (and respective ICOs) for everything they could think of. Huge similarities between how everything needed a website in the 2000`s, everything needed an app in 2010, everything needed a coin/token started around 2016. Dogecoin is the perfect example of a joke that got way out of proportion, while the original ideea was to make fun of this particular group. Oh well, this group still garners a lot of traction/interest. This group is why we have 3000 shitcoins and who knows how many that never saw the light of day.
  5. The Consultants, Gurus, Ninjas. The "know it all`s". They`re all about the TREND, not about the substance. In the 90`s we had the "internet consultants" who were selling strategies for people to get online. Later the same people were selling strategies to get website traffic. Later, it was about the apps or about the cloud. Right now, it`s about blockchain, token economics, go to market, liquidity, or investing. Some are super smart, most are useless. The only thing that really bothers me is that consultants take no ownership in the success or failure of what they`re selling. As long as you cover their fees, they don`t care if their advice works or not and usually blame you for failing. These are the "market makers" of today, the youtube/facebook/twitteinstagram investment gurus who look at charts for 4 hours and make predictions without really having any skin in the game. Here`s what I never got my head around, if you know how to make a market for a coin, or really know how to invest in crypto.... WHY would you charge me 20k when you can make millions for yourself in less time than that? I guess it holds true: those that can, DO, those that can`t, Teach.
This brings us to the state of the market today.
Proposed solution:
Don`t wait for your government to regulate, don`t wait for banks or institutional investors to kick in, don`t wait for the media frenzy. Just do your part: spend, save and invest your crypto just as you would your USD/Euro/Yen/etc. If you`re a freelancer, accept crypto payments. if you run a business, accept crypto payments. If you have crypto, make crypto payments. This is the main reason we have crypto today and it`s exactly what we don`t use it for. Go back to basics and let`s see how influenced by "market volatility" or "market manipulation" or "media bias" the price will get.
Disclosure: Yes, trying to solve the adoption issue has led me to build a platform for e-commerce that also solves crypto-to-fiat payments for more than 2000 tokens. We walk the walk, not talk the talk.
I`d love to hear if you guys agree or disagree, and most importantly, Why?
C:\>
P.S. I love you
submitted by chrisorasanusdk to Bitcoin [link] [comments]

Here is why your "technical analysis" is completely useless and pointless.

I've seen so many "TAs" posting their analysis here or youtube, blogs and some have even made it to the news.
One thing to understand is that Technical Analysis relies on historical trade data to be accurate. Traditional Charting software is built to filter out anomalies such as outlier spikes or in case of stocks to adjust for splits. So, historical data needs to be accurate.
The crypto market is unregulated so it has been manipulated since the very near beginning. Here is an example of the infamous Wolong boasting about his pump&dump scheme. He/They even released their own coin Pandacoin (one of many with the same name) purely to pump and dump. Wolong "recruited" people to join his pump and dump schemes at a cost, people would join his secret mail list and IRC meetings. They pumped and dumped various coins for at least 2 years that I kept track off.
He/They were very likely not the only ones, and after Wolong boasted openly other groups formed, some of them with really deep pockets. here are few samples of requests to join such groups sent to me in reddit edit: 2nd message is my reply as the perpetrator had deleted his account already.
So, the point is cryptos have been manipulated all along, from the most popular down to the shitcoins. Major movements in cryptos are not largely influenced with what was on the news, if there was a hack or some new tech was introduced or some regulatory decision... the manipulators are the ones directing the movements. So using "historical data" to do any technical analysis is useless and pointless. The only thing they are good for is to rile up people into an expectation that manipulators can use one way or another.
submitted by Red5point1 to CryptoCurrency [link] [comments]

If you just hodl or trade, you`re the biggest problem with the world of cryptocurrencies.

TL;DR: There`s 3 components to a market economy: Spending, Savings & Investments. We only have 2 and those are way off balance.
Spending: Payments. Drives Inclusion & Adoption. Represents the primary bridge to real world assets.
Saving: Store of Value, Essential driver for stability. The ideea that your holdings are safe over time and don`t depreciate.
Investments: Trading, drives value of the economy, corrects inflation.
State of the nation:
IF there`s any chance at adoption, don`t just HODL. Don`t just DayTrade. Spend what you have. Money needs to move.
The moment you start spending a portion of cryptocurrencies, that money moves. The entire supply chain benefits. Miners Mine, Exchangers Exchange, Businesses get paid, Taxes get taxed. The underlying value of your holdings grows as you tell more people how you paid your AliBaba supplier in Bitcoin and didn`t have any trouble with your EU based bank making a fuss over "why you`re sending money to Asia".
If the only thing you do with Crypto is to buy it, hold it or trade it, it has no impact on real life. It`s not inviting more people to use it. Demand doesn`t grow. the value chain remains closed and non-inclusive. And it`s against the basic principles of Blockchain. You, the person who only has 10 USD in Dogecoin or the Hodler who has 8 bitcoins since Satoshi was in diapers, you`re responsible for the value of your assets and growth of your community. If you don`t SPEND it, people around you have NO reason to adopt. And if they do adopt, they do it for the wrong reasons and simply add to the volatility.
Introduction:
I`ve been in this space since 2009, reading all I could get my hands on. Coming from a poorly banked background and still having frustrations due to the inability of making online purchases at the time, just coming out of a recession, Bitcoin`s vision struck a nerve with me. I`ve been an avid believer in blockchain ever since and at no point did I buy crypto to store value, hedge my bets, invest, digital gold or any of this. I went in because it was, and still is: the easiest way to send money across the world. Ethereum`s smart contracts bring this simple function to a new level, introducing conditions to be met for the transfer itself. Simple, open, transparent, inclusive. Period.
What we`ve become, as a community:
As a whole, this community went from a group of passionate people who wanted an alternative to banks, government and politics, people who wanted to deal directly with other people, to something weird I can`t describe as a whole, but more as personas. Here`s what I`m seeing:
  1. The "I wanna buy Pizza with Bitcoin" crowd. I`m one of them. We just wanted a simple alternative, we were okay with volatility because we always knew the more people use it, more stable it gets as an alternative currency. Conspiracy theorists, tech geeks, scientists, curious people fascinated by the endless possibilities of a global, open banking system, built by the people, for the people. Joined from the first 3-4 years of Bitcoin, many still join it.
  2. The Hodlers: Also coined as the true "Believers". They`re responsible for the initial traction, and would rather liquidate their house than to "sell off" their Bitcoins. They see Bitcoin and other currencies as a "store of value" and see not much difference between buying/storing Gold and Crypto. Joined after the first group and peacefully co-existed with everybody so far. Most dedicated miners came from this group/generation of adopters.
  3. The Traders: People coming from the finance world. They either did Hedgefunds, Forex, VC. Smart opportunists that saw the first 2 groups, saw the potential value of the system as something to be gained from (nothing wrong with this) and heavily capitalize on it. These were the first guys to look at crypto as financial instruments and started fighting the compliance game. This is also where market manipulation started.
  4. The "Tokenize the world" generation. Driven by technology on one side, by the ICO madness on the other side, this opportunistic group wanted to create a token (and respective ICOs) for everything they could think of. Huge similarities between how everything needed a website in the 2000`s, everything needed an app in 2010, everything needed a coin/token started around 2016. Dogecoin is the perfect example of a joke that got way out of proportion, while the original ideea was to make fun of this particular group. Oh well, this group still garners a lot of traction/interest. This group is why we have 3000 secondary coins and who knows how many that never saw the light of day.
  5. The Consultants, Gurus, Ninjas. The "know it all`s". They`re all about the TREND, not about the substance. In the 90`s we had the "internet consultants" who were selling strategies for people to get online. Later the same people were selling strategies to get website traffic. Later, it was about the apps or about the cloud. Right now, it`s about blockchain, token economics, go to market, liquidity, or investing. Some are super smart, most are useless. The only thing that really bothers me is that consultants take no ownership in the success or failure of what they`re selling. As long as you cover their fees, they don`t care if their advice works or not and usually blame you for failing. These are the "market makers" of today, the youtube/facebook/twitteinstagram investment gurus who look at charts for 4 hours and make predictions without really having any skin in the game. Here`s what I never got my head around, if you know how to make a market for a coin, or really know how to invest in crypto.... WHY would you charge me 20k when you can make millions for yourself in less time than that? I guess it holds true: those that can, DO, those that can`t, Teach.
This brings us to the state of the market today.
Proposed solution:
Don`t wait for your government to regulate, don`t wait for banks or institutional investors to kick in, don`t wait for the media frenzy. Just do your part: spend, save and invest your crypto just as you would your USD/Euro/Yen/etc. If you`re a freelancer, accept crypto payments. if you run a business, accept crypto payments. If you have crypto, make crypto payments. This is the main reason we have crypto today and it`s exactly what we don`t use it for. Go back to basics and let`s see how influenced by "market volatility" or "market manipulation" or "media bias" the price will get.
Disclosure: Yes, trying to solve the adoption issue has led me to build a platform for e-commerce that also solves crypto-to-fiat payments for more than 2000 tokens. We walk the walk, not talk the talk.
I`d love to hear if you guys agree or disagree, and most importantly, Why?
C:\>
P.S. I love you
submitted by chrisorasanusdk to ethtrader [link] [comments]

THE MERITS OF OOBTC EXCHANGE.

The advantages of the OOOBTC EXCHANGE platform itself cannot be doubted because, the platform is easy, smart, easy to understand by the general public and the traders of beginner investors, many of the first launch platforms (OOOBTC EXCHANGE) use intelligent and easy to understand platforms. , Many of these improvements also make trading processes more complicated with all authentication Price charting is an important part of asset / commodity trading. Often it is necessary to develop chart prices to analyze investments and develop trading strategies.

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www.ooobtc.com
http://t.me/ooobtcExchange
submitted by ROSAQ to IcoInvestor [link] [comments]

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The advantages of the OOOBTC EXCHANGE platform itself cannot be doubted because, the platform is easy, smart, easy to understand by the general public and the traders of beginner investors, many of the first launch platforms (OOOBTC EXCHANGE) use intelligent and easy to understand platforms. , Many of these improvements also make trading processes more complicated with all authentication Price charting is an important part of asset / commodity trading. Often it is necessary to develop chart prices to analyze investments and develop trading strategies.

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Bitcoin mining is a bit more than just number crunching

The charming cryptocurrency and the many ideas that surface in the minds of the observers typically surround couple of apparent concerns - how does it enter being and what about its flow? The response, nevertheless, is uncomplicated. Bitcoins need to be mined, in order to make the cryptocurrency exist in the Bitcoin market. The mystical developer of Bitcoin, Satoshi Nakamoto, imagined a method to exchange the important cryptocurrencies online, by getting rid of the need for any central organization. For Bitcoins, there's an alternative method to hold the essential records of the deal history of the whole blood circulation, and all this is handled through a decentralized way.
The journal that helps with the procedure is called the "blockchain". The essence of this journal may need lots of newsprint for appearing frequently at all popular Bitcoin news. Blockchain broadens every minute, existing on the makers associated with the big Bitcoin network. Individuals might question the credibility, even credibility, of these deals and their recordings into Blockchain. This too is nevertheless warranted, through the procedure of Bitcoin mining. Mining allows production of brand-new Bitcoin and assembling deals to the journal. Mining basically involves fixing of complex mathematical estimations, and the miners utilize enormous computing power to resolve it. The private or 'swimming pool' that resolves the puzzle, positions the subsequent block and wins a benefit too. And, how mining can prevent double-spending? Practically every 10 minutes, impressive deals are mined into a block. So, any disparity or illegitimacy is entirely dismissed.
For Bitcoins, mining is not mentioned in a conventional sense of the term. Bitcoins are mined by using cryptography. A hash function described as "double SHA-256" is used. However how tough is it to mine Bitcoins? This can be another inquiry. This depends a lot on the effort and computing power being used into mining. Another element worth pointing out is the software application procedure. For each 2016 blocks, problem involved in mining of Bitcoins is changed by itself just to keep the procedure. In turn, the rate of block generation is kept constant. A Bitcoin problem chart is an ideal procedure to show the mining trouble in time. The trouble level changes itself to increase or down in a straight proportional way, depending upon the computational power, whether it's being sustained or removed. As the variety of miners increase, portion of revenues been worthy of by the individuals decrease, everybody winds up with smaller sized pieces of the revenues.
Having private economies and neighborhoods, cryptocurrencies like Dogecoin, Namecoin or Peercoin, are called Altcoins. You can easily track your different cryptocurrency by using reputable portfolio trackers.These are options to Bitcoin. Practically like Bitcoins, these 'cousins' do have a substantial fan-following and enthusiasts who are eager to take a deep plunge into the big ocean and start to mine it. Algorithms used for Altcoin mining are either SHA-256 or Scrypt. Numerous other ingenious algorithms exist too. Alleviate, price and simpleness can render it possible to mine Altcoins on a PC or by using unique mining software application. Altcoins are a bit 'down to earth' compared to Bitcoins, yet changing them into huge dollars is a little challenging. Cryptocurrency enthusiasts can simply hope, if a few of them might witness the comparable huge popularity!
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Dogecoin has real potential. Correct me if anything I have said is wrong, please.

Dogecoin has real potential. Correct me if anything I have said is wrong, please.

![img](p0m3cwfn1x831 " There are many misconceptions about Doge that I want to clear up. Although it started as a joke using the same blockchain technology as bitcoin, just with high supply and infinite potential supply, it was given a fixed inflation rate of 5 billion coins annually. Over time the actual percentage gets smaller as the total gets bigger. This means that supply flow can be overwhelmed with high enough demand relatively easily. With the supply in circulation being around 120 Billion currently, and market cap being around 400 Million, if we saw an increase to just 1-2 billion Doge would be worth 1-2 pennies each. A 120 billion market cap would make Doge 1$. If you look at the historical price movements of Dogecoin, you can see that from its lowest point to highest point is almost a 23,000% increase. The coin has never been hacked, and is going through massive accumulation just like bitcoin. In my opinion, Dogecoin is a sleeper of value, especially with the fact that the incentive to mine dogecoin blocks will never go away; unlike bitcoin. (The potential price movements in the chart are highly speculative. Note the similarities in pattern, as I have color coded ups and downs. The next ATH could take us in to the .1-.4 range, if the percentages and time ranges stay the same. I suspect it won't be exact, but it could be similar indeed.) ")
submitted by JcFiscus to dogecoin [link] [comments]

11-29 21:33 - 'We’re giving away an Apple Watch 5 as a thank you to the cryptocurrency community for supporting Crypto Pro.' (self.Bitcoin) by /u/Bull127 removed from /r/Bitcoin within 21-31min

'''
In the holiday spirit, and as a thank you to the cryptocurrency community, we, at Crypto Pro are giving away a brand new Apple Watch 5 to one lucky bag holder.
[Crypto Pro]1 launched back in 2015 when Bitcoin was priced at $200 a pop, and Dogecoin ranked 7th. We wanted to create a small Apple Watch widget so that everyone can see Bitcoin’s price at the flick of a wrist.
The app has gone a long way since then, and we have the reddit and cryptocurrency community to thank, for giving us both encouragements and constructive feedback to shape what the app is today. So thank you:)

Rules

What is Crypto Pro?

Crypto prices / news / portfolio app designed for iOS. Users can see stats like portfolio gains, losses, and other cool analytics. As well as set price alerts, read news, connect to your exchanges and wallets. [Here's a link to check us out]4 !

How are we different?

We are the only major cryptocurrency app that keeps all the user data on device and doesn't track or analyze it in any way. We believe that privacy is important, and that no one should have access to your portfolio size, market viewing habits, or API keys. Everything is encrypted and stored locally on your phone. When you delete the app, all your data is deleted… the way it should be. (but we have an option to backup to your own iCloud or Dropbox account if you want to).
We also think the design is pretty cool tbh. We got some nice sparklines going, cool charts, real-time pricing, and a bunch of other cool features. Here’s a few pictures I put together with a sample portfolio > [[link]6

What should I comment?

Feedback on the app is always appreciated :) or comment the year you first learnt about Bitcoin, or your price prediction for December 2020, or some just some random gibberish ಠᴗಠ.
Happy [belated] Turkey Day!
- Crypto Pro Team
P.S. Buy the fucking dip.
P.P.S. ^ not financial advice.
'''
We’re giving away an Apple Watch 5 as a thank you to the cryptocurrency community for supporting Crypto Pro.
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This is Why Dogecoin is Better than 'Altcoins-Degenerators'

This is Why Dogecoin is Better than 'Altcoins-Degenerators'
While large majority of the altcoins are being on a straight-down path, a coin that was made as a joke and seemingly has had no recent major development is proving store of value (SoV) properties.
Popular crypto researcher and analyst Willy Woo posted both on Twitter and website his opinion on the type of altcoins of interest to investors. Regardless how nuanced altcoins are, manifesting as protocol coins, utility tokens, security tokens, and non-fungible tokens, the only two types that are of relevance to an investor are: Oscillators and Degenerators.
To show both types, Woo provided a chart of the market.
https://preview.redd.it/xr1pb1w88nx31.png?width=900&format=png&auto=webp&s=513e3c9af7ddf8ffa414758221e5789cab84eb59
However, the great majority of all altcoins are Degenerators, says Woo. “Their price chart has a measurable half-life, like radioactive decay. Plotted on a log chart, it's a straight line down,” he explains, providing Namecoin (NMC) as an example.
On the other hand, there are only a few Oscillators, and one of the most surprising examples is Dogecoin (DOGE), initially made as a joke and now ranked 30th by its market capitalization (USD 326 million). How is a coin an Oscillator, I hear you ask. Woo says that Oscillators are proving SoV properties. “To qualify,” he adds, the coins “need to keep up with Bitcoin (BTC)/USD gains.” In order to find oscillators, plot a coin’s BTC value. It must oscillate around a horizontal line, for at least one full bull-bear cycle, which is around four years, but more than one cycle is better, the analyst explains.
One doesn’t need innovation and cutting edge technology to build value in their coin, says Woo. “These are monetary instruments, they build value with economic network effects.” He finds Dogecoin as an example of an altcoin with no particularly significant technology or smart contracts, nor has it solved some of the major issues in the crypto and blockchain world. If we look at its GitHub, we see the last activity recorded 5 months ago.
However, the researcher believes that Dogecoin achieved SoV due to the Lindy Effect. The Lindy Effect is one of the more interesting things you’ll come across in your daily life wherever you turn. It basically means that future life expectancy of a non-perishable thing is proportional to its current age – its mortality rate decreases with time. So, if a technology is six years old, like DOGE is, it’s expected to last six more. Next year it’ll be seven years old, and if the effect persists, its life expectancy will be that much longer. “An oscillator can always breakdown. Due to Lindy Effect, it becomes harder the longer it stays an oscillator,” Woo writes.
Furthermore, DOGE is listed on nearly all exchanges, it's supported by most wallets, and it has a liquid market, says Woo.
Another example Woo gave is DCBTC, which he finds to be at a critical stage as it’s about to complete its first full bull-bear cycle. “It needs to emerge cleanly holding its horizontal oscillation against BTC. Only then can we say it's achieving SoV properties.” On a question if all this means that all stablecoins are Degens, which would lead to a conclusion that all Fiat currencies are too, Woo replied with “Correct.”
submitted by CryptoHamstereu to u/CryptoHamstereu [link] [comments]

11-23 14:33 - 'How to save Bitcoin on transfers between cryptocurrency exchanges?' (self.Bitcoin) by /u/holderlab removed from /r/Bitcoin within 1580-1590min

'''
Cryptocurrencies have become quite commonplace for many people. Every day, tens of thousands of transfers are made between wallets and exchanges around the world. However, few of us think about how much money is spent on paying commissions for transfers. In fact, some transactions lose a significant amount. For several months, the user can safely lose the amount that would be enough to buy a new TV or washing machine.Therefore, it will not be out of place for everyone to know how to save money on such operations. There are exchanges that charge 0.001 - 0.002 BTC (9 - 18 US dollars) for the transfer. There are those who ask a little less. For example, Poloniex asks for only 0.0005 BTC (about $ 5). However, having made 10 or 20 transfers, the amount ceases to seem so insignificant. Therefore, we offer a good option that will make transactions almost free.

How to save my BTC?

First, you need to choose some alternative currency for making transfers. It must meet the following criteria:
The best coins to circumvent high commissions are Dogecoin and Bytecoin. Both meet the above criteria, but Dogecoin transactions are confirmed much faster.

DOGECOIN

DOGE is a fork of Litecoin. In technical terms, there were practically no changes, but in terms of marketing, both cryptocurrencies are significantly different from each other. The following features of this coin can be distinguished:
  1. Block formation takes only 1 minute (LTC - 2.5 times longer, BTC - 10 times longer);
  2. Infinite emission;
For the transaction you need to pay only 2 coins, regardless of the amount of transfer (this is only about $ 0.0047 or 5.1 * 10 -7 BTC);This coin has all the attributes of popular cryptocurrencies (anonymity, decentralization, advanced security system).

How it works?

As an example, you can exchange BTC for DOGE on some exchange, send them to another exchange, and then transfer the coins to your Poloniex wallet, paying a commission (unlike direct transfer).
You can give an example of a real case with detailed numbers: user N on the Bittrex exchange changes 0.01023405 BTC to DOGE, after which he sends them to the Poloniex exchange and receives 0.01019278 BTC. The final commission for the transfer came out 0.00004127 BTC, which is 24 times more profitable than directly transferring BTC between exchanges. You also need to add a fee for transferring to a cold wallet (a little more than one dollar), but even with this in mind, the difference still remains noticeable.
And one moment. After exchanging cryptocurrency for DOGE and transferring them to a wallet or exchange, these coins need to be sold. There are a couple of options: sell them at the current purchase or sale price. Here everyone must choose their own. Sales price orders are usually sold in less than half a day.
In addition, it would simply be wrong not to mention another interesting fact about this wonderful coin. If you carefully look at the graph from Coinmarketcap of the DOGE price change, you can find one interesting detail. During the day, there may be a short-term sharp increase in the value of this asset. It is believed that due to the abnormally low commission, the coin is used on a large scale in arbitration operations, so by catching the right moment, you can also earn on DOGE.
[Doge chart (Coinmarketcap)]1

Bytecoin

A few words about Bytecoin. It was created in 2012 on the same algorithm as Monero. This provides the coin with a high level of anonymity and privacy. The cost of one asset is also low - $ 0,0004. Transactions are processed every 120 seconds. It’s simply not possible to track payments. Of course, Bytecoin is not as popular as DOGE, but you can take a closer look at it as an alternative.
Today we looked at the best way to save money when transferring crypto assets between exchanges or wallets. Experienced traders most likely have their own tricks that help save the maximum amount of money, but this option is now seen as the most optimal, universal and practical.
Currently, we are preparing to launch the [holderlab.io]2 service, which allows us to optimize the cryptocurrency portfolio. The service allows you to conduct a comprehensive assessment of the crypto portfolio using the correlation matrix and the effective border, as well as configure automatic portfolio rebalancing.
Thanks for attention
'''
How to save Bitcoin on transfers between cryptocurrency exchanges?
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Unknown links are censored to prevent spreading illicit content.
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CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
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. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
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By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

About OOOBTC Exchange

About OOOBTC Exchange
About OOOBTC Exchange
https://preview.redd.it/ra63h6h7vnv21.png?width=1899&format=png&auto=webp&s=5deb6978b27de1613dc49501bbf50d46fa27b16e
OOOBTC is a cryptocurrency exchange that offers trading to its users by providing a proper trading platform with charts, some indicators and some charting and analysis tools, which can be quite useful for more advanced traders.
It only offers the option to exchange the supported cryptocurrencies for each other. They cannot be sold or bought for fiat currencies. In addition to it, it also offers 2-factor authentication and encryption of the user's information.
#ooobtc #obx #IEO #exchange #crypto #bitcoin #ethereum
#launchpad #blockchain #toqqn #dogecoin
#Btk #usdt #Btcone #OVC www.ooobtc.com
submitted by aregata5 to altcoin_news [link] [comments]

If you hodl or trade, you`re the biggest problem with the world of cryptocurrencies.

There`s 3 components to a market economy: Spending, Savings & Investments. We only have 2 and those are way off balance.
Spending: Payments. Drives Inclusion & Adoption. Represents the primary bridge to real world assets.
Saving: Store of Value, Essential driver for stability. The ideea that your holdings are safe over time and don`t depreciate.
Investments: Trading, drives value of the economy, corrects inflation.
State of the nation:
IF there`s any chance at adoption, don`t just HODL. Don`t just DayTrade. Spend what you have. Money needs to move.
The moment you start spending a portion of cryptocurrencies, that money moves. The entire supply chain benefits. Miners Mine, Exchangers Exchange, Businesses get paid, Taxes get taxed. The underlying value of your holdings grows as you tell more people how you paid your AliBaba supplier in Bitcoin and didn`t have any trouble with your EU based bank making a fuss over "why you`re sending money to Asia".
If the only thing you do with Crypto is to buy it, hold it or trade it, it has no impact on real life. It`s not inviting more people to use it. Demand doesn`t grow. the value chain remains closed and non-inclusive. And it`s against the basic principles of Blockchain. You, the person who only has 10 USD in Dogecoin or the Hodler who has 8 bitcoins since Satoshi was in diapers, you`re responsible for the value of your assets and growth of your community. If you don`t SPEND it, people around you have NO reason to adopt. And if they do adopt, they do it for the wrong reasons and simply add to the volatility.
Introduction:
I`ve been in this space since 2009, reading all I could get my hands on. Coming from a poorly banked background and still having frustrations due to the inability of making online purchases at the time, just coming out of a recession, Bitcoin`s vision struck a nerve with me. I`ve been an avid believer in blockchain ever since and at no point did I buy crypto to store value, hedge my bets, invest, digital gold or any of this. I went in because it was, and still is: the easiest way to send money across the world. Ethereum`s smart contracts bring this simple function to a new level, introducing conditions to be met for the transfer itself. Simple, open, transparent, inclusive. Period.
What we`ve become, as a community:
As a whole, this community went from a group of passionate people who wanted an alternative to banks, government and politics, people who wanted to deal directly with other people, to something weird I can`t describe as a whole, but more as personas. Here`s what I`m seeing:
  1. The "I wanna buy Pizza with Bitcoin" crowd. I`m one of them. We just wanted a simple alternative, we were okay with volatility because we always knew the more people use it, more stable it gets as an alternative currency. Conspiracy theorists, tech geeks, scientists, curious people fascinated by the endless possibilities of a global, open banking system, built by the people, for the people. Joined from the first 3-4 years of Bitcoin, many still join it.
  2. The Hodlers: Also coined as the true "Believers". They`re responsible for the initial traction, and would rather liquidate their house than to "sell off" their Bitcoins. They see Bitcoin and other currencies as a "store of value" and see not much difference between buying/storing Gold and Crypto. Joined after the first group and peacefully co-existed with everybody so far. Most dedicated miners came from this group/generation of adopters.
  3. The Traders: People coming from the finance world. They either did Hedgefunds, Forex, VC. Smart opportunists that saw the first 2 groups, saw the potential value of the system as something to be gained from (nothing wrong with this) and heavily capitalize on it. These were the first guys to look at crypto as financial instruments and started fighting the compliance game. This is also where market manipulation started.
  4. The "Tokenize the world" generation. Driven by technology on one side, by the ICO madness on the other side, this opportunistic group wanted to create a token (and respective ICOs) for everything they could think of. Huge similarities between how everything needed a website in the 2000`s, everything needed an app in 2010, everything needed a coin/token started around 2016. Dogecoin is the perfect example of a joke that got way out of proportion, while the original ideea was to make fun of this particular group. Oh well, this group still garners a lot of traction/interest. This group is why we have 3000 shitcoins and who knows how many that never saw the light of day.
  5. The Consultants, Gurus, Ninjas. The "know it all`s". They`re all about the TREND, not about the substance. In the 90`s we had the "internet consultants" who were selling strategies for people to get online. Later the same people were selling strategies to get website traffic. Later, it was about the apps or about the cloud. Right now, it`s about blockchain, token economics, go to market, liquidity, or investing. Some are super smart, most are useless. The only thing that really bothers me is that consultants take no ownership in the success or failure of what they`re selling. As long as you cover their fees, they don`t care if their advice works or not and usually blame you for failing. These are the "market makers" of today, the youtube/facebook/twitteinstagram investment gurus who look at charts for 4 hours and make predictions without really having any skin in the game. Here`s what I never got my head around, if you know how to make a market for a coin, or really know how to invest in crypto.... WHY would you charge me 20k when you can make millions for yourself in less time than that? I guess it holds true: those that can, DO, those that can`t, Teach.
This brings us to the state of the market today.
Proposed solution:
Don`t wait for your government to regulate, don`t wait for banks or institutional investors to kick in, don`t wait for the media frenzy. Just do your part: spend, save and invest your crypto just as you would your USD/Euro/Yen/etc. If you`re a freelancer, accept crypto payments. if you run a business, accept crypto payments. If you have crypto, make crypto payments. This is the main reason we have crypto today and it`s exactly what we don`t use it for. Go back to basics and let`s see how influenced by "market volatility" or "market manipulation" or "media bias" the price will get.
Disclosure: Yes, trying to solve the adoption issue has led me to build a platform for e-commerce that also solves crypto-to-fiat payments for more than 2000 tokens. We walk the walk, not talk the talk.
I`d love to hear if you guys agree or disagree, and most importantly, Why?
C:\>
P.S. I love you
submitted by chrisorasanusdk to Flexacoin [link] [comments]

Dogecoin Price Prediction 2020 (+1200% Breakout) Largest Bitcoin Supercycle BEGINS (Dogecoin Leading the Pack) Is Dogecoin Really a Valid Currency Elon Musk Asks Bitcoin Twitter Dogecoin + Bitcoin Technical Analysis Time to pump!? DOGECOIN LOVES TIK TOK

Unlike Bitcoin, Litecoin and many other cryptocurrencies, Dogecoin is an inflationary currency. It may seem counterintuitive to call inflation a good thing as it makes individual DOGE worth less than if there was scarcity; however, it is a feature that may well ensure Dogecoin’s survival into the future. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin. Dogecoin (DOGE) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets. Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. Check out live cryptocurrency rates on our cutting-edge financial platform. See the value of Dogecoin in USD and other popular fiat and cryptocurrencies. — UK

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Dogecoin Price Prediction 2020 (+1200% Breakout)

Bitcoin Technical Analysis price today 11.7.20 $BTC continues to be the best trading asset ever as it continues to respect levels to the $. I also cover $DOG... Dogecoin Price Prediction 2020 (+1200% Breakout) - Comment Below your price prediction... Rockstar Trading Group is the ultamate trading community for trader’s to work together to make ... Elon Musk has trolled the Bitcoin and wider crypto community once again: The Tesla and SpaceX chief executive just mentioned Dogecoin (DOGE) for the second day in a row on July 18th. Minutes ago ... Dogecoin + Bitcoin Technical Analysis 💰🔮 Time to pump!? - Duration: 12:23. Chart Champions 1,320 views. New; 12:23. Minecraft But You Can Craft ARMOR From Any Block... Today I’m back from vacation and we dig into the Bitcoin price. Honestly it is looking MEGA bullish and I think things are finally about to pop off. We also get into why Dogecoin is such a great ...

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