Danishfurniturelover
the prettiest spice girl
Think I also read that kucoin don't inform the inland revenue unlike the gits at coinbase.
-
Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara
Cryptocurrency
- Thread starter Robbo
- Start date
markysimmo
Johnny nice-tits
What's the Simple payment thing about though ??
Danishfurniturelover
the prettiest spice girl
Don't know, when I first brought on there I just used bitcoin to buy. When I say I, I mean my son used my account to do it. Literally took 2 minutes though.
I am excited by xdc, the people behind it are impressive.
Robbo
Paul Walsh
I'm a proper noob when it comes to more advanced crypto trading than Coinbase, but I've managed to deposit about £100 in bitcoins on Kucoin.
Problem is I can't get my head around how to buy XDC with my bitcoins...any advice?
Danishfurniturelover
the prettiest spice girl
I'm a proper noob when it comes to more advanced crypto trading than Coinbase, but I've managed to deposit about £100 in bitcoins on Kucoin.
Problem is I can't get my head around how to buy XDC with my bitcoins...any advice?
You do it as a pair don't you.
So go down to the xdc and it is traded with bitcoin.
Took my lad under a couple of minutes. Do you have children?
Robbo
Paul Walsh
I do, but as they're four and seven respectively, I highly doubt they'll be much help...
But I think I found out how to do it - only I forgot my trading password and have to get a new one.
Hashegotthesackyet?
Gudni Bergsson
markysimmo
Johnny nice-tits
Danishfurniturelover
the prettiest spice girl
markysimmo
Johnny nice-tits
Big dip just happened could be time to snap up some bargains before the market booms again (like it normally does after Xmas)
Hashegotthesackyet?
Gudni Bergsson
will buy if BTC gets above $46K and holds. Would rather buy once the local bottom is in. If $40K doesn't hold and spends any time there without a quick reaction there's a high probability of goblin town... ~ $30K
I reckon there might only be 2/3 months left before the whole market nukes for a while - bitcoin is just dingdongs trying to liquidate each other now.
Hashegotthesackyet?
Gudni Bergsson
Bitfinex & FTX has been the biggest culprits
markysimmo
Johnny nice-tits
Jesus it's fell like a fudging stone this week !!!
markysimmo
Johnny nice-tits
and it's fell even more overnight, wowzers
Hashegotthesackyet?
Gudni Bergsson
yep, said it above in a few posts. 40K support was getting tested. More times it gets tested, higher probability it breaks down. 30K is next major support level on a weekly timeframe. Do not want a slow bleed like 2018/19 but with all the hike talk from the fed it won’t help crypto.
Danishfurniturelover
the prettiest spice girl
Crypto winter coming in.
Time to get more and more, xdc, hbar and xrp are my biggest holds.
Hate the whole computer game thing but think gala has a little of potential. Avave also.
Love crypto and the whole Web 3 such an interesting space.
Hashegotthesackyet?
Gudni Bergsson
it’s really difficult to gauge at the moment as there’s more institutional money in Bitcoin this time round. I’m very cautious when it comes to buying alts especially when BTC is tanking. Think the alts will bounce a bit if BTC consolidates and stabilises but i’m looking to short any bounces now rather than buy dips until there’s a clear trend reversal. All the best mate
markysimmo
Johnny nice-tits
Bitcoin (BTC) bull and MicroStrategy CEO Michael Saylor is analyzing the factors that he believes are driving the crypto market downturn at the start of a new year.
In a new Bloomberg interview, Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year
“I think that there’s a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they’re securities. And that creates a little bit of anxiety.
You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that’s the second source of volatility.”
According to Saylor, Bitcoin is currently offering a “great entry point” for institutions especially as legendary investors such as Bill Miller allocate a huge portion of his portfolio to the flagship cryptocurrency.
“I feel like it’s consolidating at this level. This is a great entry point for institutional investors. I talk to high net-worth individuals, family offices, public company executives, private company owners and they watched Bitcoin run up in 2021. And there are a lot of people that would be afraid to own it if it was going up 400% a year.
But if they’re staring at it and it’s 40% off the all-time high and it’s consolidating. And they see that it’s being embraced by people like Bill Miller, by very well-respected investors. It’s being embraced by the regulators, it’s being embraced by senators and congressmen and public investors and public companies. They are looking at this as like a good entry point.”
In a new Bloomberg interview, Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year
“I think that there’s a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they’re securities. And that creates a little bit of anxiety.
You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that’s the second source of volatility.”
According to Saylor, Bitcoin is currently offering a “great entry point” for institutions especially as legendary investors such as Bill Miller allocate a huge portion of his portfolio to the flagship cryptocurrency.
“I feel like it’s consolidating at this level. This is a great entry point for institutional investors. I talk to high net-worth individuals, family offices, public company executives, private company owners and they watched Bitcoin run up in 2021. And there are a lot of people that would be afraid to own it if it was going up 400% a year.
But if they’re staring at it and it’s 40% off the all-time high and it’s consolidating. And they see that it’s being embraced by people like Bill Miller, by very well-respected investors. It’s being embraced by the regulators, it’s being embraced by senators and congressmen and public investors and public companies. They are looking at this as like a good entry point.”