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OfflinePrimal Matter
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Registered: 10/27/19
Posts: 487
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
    #27134825 - 01/08/21 09:54 AM (3 years, 20 days ago)

Quote:

Enkidu said:
It goes up and down so quickly if i catch it i make money.




Does anyone know what causes these up-swing spikes? I've always wondered who is paying the spike prices for anyone to be able sell at them? As though, if bitcoin is at an all-time high, why would anyone be buying it?


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OfflinePrimal Matter
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Registered: 10/27/19
Posts: 487
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: InnerWisdom]
    #27134852 - 01/08/21 10:11 AM (3 years, 20 days ago)

Excellent points, thanks guys.

I've still never bought any, surprisingly. But right now I'm more focussed on finding basic employment.


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] * 2
    #27154661 - 01/18/21 03:47 AM (3 years, 10 days ago)

I finally bought my first crypto. Only a paltry amount as I'm checking out how the market works etc.


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OfflinePrimal Matter
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Registered: 10/27/19
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: deadwk]
    #27161926 - 01/21/21 04:41 PM (3 years, 6 days ago)

Quote:

deadwk said:
Nice article summarizing a bit of ETH1/ETH2: https://blog.ethereum.org/2021/01/20/the-state-of-eth2-january-2021/





Interesting read, thanks.


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OfflinePrimal Matter
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Posts: 487
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: deadwk]
    #27168111 - 01/24/21 09:58 PM (3 years, 3 days ago)

"DASH, XMR and ZEC pairs are not available to clients based in Australia."

Well now, that's why I couldn't find XMR.


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: sh4d0ws]
    #27168133 - 01/24/21 10:22 PM (3 years, 3 days ago)

Quote:

sh4d0ws said:
Atomic swaps for XMR are coming but you could probably use a swapping site like simple swap or morph token to trade BTC or other currencies for XMR if you need are specifically trying to get XMR or privacy coins.





I'm new to the trading game, I only have a $100 in it and was simply curious to see that XMR wasn't an option. Nonetheless, that is quite interesting.


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Hikeadellic]
    #27178676 - 01/30/21 10:52 PM (2 years, 11 months ago)

I'm liking Kraken, who are you currently using?


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Hikeadellic]
    #27183607 - 02/02/21 08:26 PM (2 years, 11 months ago)

What exchange are you using?


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Nature Boy]
    #27186899 - 02/04/21 06:17 PM (2 years, 11 months ago)

burglary


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Lophosaurus]
    #27190436 - 02/06/21 08:44 PM (2 years, 11 months ago)

Has anyone staked any crypto? geokills? You know, until now I thought your name was geoskills.


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: ManianFH]
    #27190655 - 02/06/21 10:33 PM (2 years, 11 months ago)

I'm currently becoming familiar with Kraken and have been considering buying on the ETH2.S/ETH market. 5%-17% pa seems lacklustre in comparison to day trading. Am I missing something?


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] * 1
    #27194745 - 02/09/21 03:47 AM (2 years, 11 months ago)

Nice write-up, Asante.


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] * 2
    #27194797 - 02/09/21 05:15 AM (2 years, 11 months ago)

This is part of why we're moving from proof-of-work to proof-of-stake systems.



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Edited by Primal Matter (02/09/21 05:20 AM)


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: BayerPhi]
    #27195099 - 02/09/21 09:16 AM (2 years, 11 months ago)

That's the beauty of automated systems, you tell it what you want it to do and leave yourself out of it.


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: budmanman]
    #27208697 - 02/16/21 01:45 AM (2 years, 11 months ago)

Alright, so I have 0.0000 0000 01 ETH and 0.0000 0000 03 BTC. How long do I hold it?


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OfflinePrimal Matter
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Re: Cryptocurrency Big Dogs: Bitcoin (BTC), Ethereum (ETH) and Tezos (XTZ) [Re: Nature Boy]
    #27210015 - 02/16/21 07:18 PM (2 years, 11 months ago)

I haven't used Cryptowatch but I'll suspect you'll have to hit that Advanced toggle to utilise available leverage to perform a margin trade. You would also be required to have $5.88 of collateral in your account.


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic]
    #27210105 - 02/16/21 08:33 PM (2 years, 11 months ago)

With Crypto you put up collateral to borrow assets from your exchange's margin pool. Using x5 leverage requires you sell 1/5 with your own assets and 4/5 from the margin pool (backed by collateral). You sell (x5 the amount you own), wait for the price you go down then buy the asset back at a lower price (close the position), repaying the loan and keeping the profits.

Not all markets on an exchange offer the same level of leverage, and margin pools can be exhausted, meaning the exchange doesn't have the asset to loan to you.


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees]
    #27210209 - 02/16/21 10:21 PM (2 years, 11 months ago)

I entered EUR -> OXT -> USD -> MLN earlier today.


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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trees]
    #27210731 - 02/17/21 08:20 AM (2 years, 11 months ago)

I've been around.



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OfflinePrimal Matter
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: budmanman]
    #27212120 - 02/17/21 10:36 PM (2 years, 11 months ago)



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