Samotokika
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Posts posted by Samotokika
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On 12/23/2019 at 5:04 PM, Digicoin said:Generate your private keys in a secure, offline environment
Except if using little amounts, in which cases keys may be created in a hot wallet but otherwise offline wallet it better and the safest.
Create backups of your private keys
This helps to protect against the loss of your bitcoin due to hard drive failure.
Encrypt wallets to provide additional security
This helps prevent the physical theft of your funds in the event that your device or hardware wallet is stolen.
Yes dude prevention is very much important and it all needs to be secure and vigilant about our money by using private keys and strong password we are able to be safe from scammers and fake people
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On 10/16/2019 at 12:55 PM, Cryptohash said:Mostly we spend minimum 10 to 20 hours in a day ? sure you will be visiting more number of blogs Youtube channel ,blogs, apps and gambling sites etc
What the good site helps you to earn and learn more about crypto market ?
Just share what are the best you use ?
List the best and good app so every one can know more about it site name and why it is used for ?
Sharing is caring 😛 what you say ?
no doubt there are a lot of sites where you can earn and learn about cryptocurrency but they are somehow fake and some give you less money and fake news regarding the cryptocurrencies so cryptptalk is the best platform to earn handsome amount of money and also gets a good knowledge in cryptocurrencies
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On 11/30/2020 at 2:26 PM, SuperCrypto said:During the fluctuation of the Bitcoin price between low and high, there is a large amount of feelings and emotions that a trader or investor feels, making it difficult to reach to buy the bottom and sell the top.
Currently, there are many forecasts that indicate Bitcoin will reach the value of $ 50,000 and more, and only expectations remain until proven.These expectations seem to some exaggerated, but there are traders and investors, including those who hold their currencies and are waiting for the maximum price possible to sell them, and many of them are waiting to break the previous summit of $ 20,000 and there are those who trade depending on the current volatility between the downside and the upside.
The best time to sell depends on calculating some facts that you should consider before building an estimate of the price at which you want to sell Bitcoin:
- The price that many people put in their minds is usually discovered from the charts and technical analyzes of analysts, and they wait for it with the selling decision, but the price resulting from the graphic analysis, does not mean that it will be reached in the next day or next week, as the trends or patterns that They are determined based on data and are subject to real-time conditions of width, volatility, and a moving average.
- The rise is not only what awaits Bitcoin or other cryptocurrencies, but there is a correction and a decline as well, as a short correction is expected in the price of Bitcoin before the rally continues.
- Charts and other indicators indicate that Bitcoin will face a correction assuming that the previous price was fair and that the current price has a premium added to it.
- Bitcoin, as an asset that has been in existence for a decade, has no true fair value to base the accounts on, as patterns continue to emerge and new highs are reached every few cycles.
In conclusion
It is difficult to know the best time to sell.
Because it can know the past price of bitcoin and the price of the currency at present.
As for what the price will be in the future, it remains a metaphysical matter, evidenced by some erroneous technical analysis.
Accordingly, no one knows what is the best selling price, but it is possible to sell in a calculated manner away from panic, through which you achieve profit and avoid loss.
Yes dude it is not an easy task rather it is very much difficult and totally based on prediction but some experience and research would help you in this way that your active participation in cryptocurrency tells you the proper rise and fall checking of coins before investment.
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On 12/15/2019 at 7:29 PM, Lubruselu said:Is anyone here are blaming his/her self because of joining the cryptocurrency and losses a lot of money in cryptocurrency without recovering those money yet till this time?
dude I had seen some people who claim looses money in cryptocurrency but it all depends upon their strategy and their mistakes we should not blame cryptocurrencies rather we should accept that we have less knowledge and I never blame cryptocurrency for this
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On 1/21/2020 at 11:47 AM, Brushless4500KV said:Some days ago, I promised one of my friends to pay him $30 for something I bought from him. I wanted to pay him through bitcoin. When I promised him, bitcoin price was $9000 and I calculated the amount to be 0.00334 BTC. Today, I should pay him the money but bitcoin price has decreased to $8.7K! Now, I have to earn more bitcoin to be able to pay him $30.
Volatility can cause prices to go higher and benefits you but sometimes it can cause problems like this. How do you promise other people to pay them on time when you can't predict prices? Maybe the solution is to not specify any deadline for payment. The other solution is to pay them in BTC not USD.
How do you cope with this problem?
It is one of the drawback of cryptocurrency that it is volatile and any time the price will come down so its important to convert your BTC to your currency and pay them on the right time of your promise.
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On 2/20/2020 at 11:27 AM, hmind said:We now know that there are thousands of active and inactive Crypto currency in the world of Crypto.
What do you think is the best logo in the world of Crypto that exists today?dude crypto itself is the best logo and also Bitcoin is the best logo as more people are using it and getting a lot of benefit from it.. cryptocurrency is widely used nowadays and is becoming popular.
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On 12/15/2019 at 5:57 PM, Maxtron73 said:Is there anyone in this forum that has bought bitcoin as a long term investiment and holding strong from at least 5 years or more ? Just curious how many of you really can resist not selling and maintaining you position even in big earnings.
dude I am not much old user of cryptocurrency but I think that if someone is holding them from 5 year then he has a lot of profit right now but it's very hard to hold them for a long period of time no doubt cryptocurrency is becoming higher day by day.
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On 12/20/2019 at 10:05 AM, Miladelpo said:
Before I Invest With Cryptoqurrency?
1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?Dude thank you so much for your valuable post it would really help a lot of new members to take some guide and invest money in the digital coin which gives them good profit and so I also go with your idea to invest money by checking the volume of it and its stablelization.
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On 4/29/2020 at 1:05 PM, Syed Al Mamun said:The whole world's people are suffering a big disaster. Now it's a international disaster, I think you already guessed what I am saying. Today I experienced a new thing, I went a shop of Berlin for buying some foods after buying the food when I gave the papper money but he didn't take it and ask me about digital currency. Actually I first time experienced it, before it no one didn't want this. So i think it's a best time to achive the extensive use and extreme trust of it. Please share what you think.
Yes dude you are right that as pandemic situation is present and people are afraid of coronavirus so use of paper currency is avoided.and that's why they are focusing on cryptocurrencies and it is also a good thing to motivate and to promote digital currencies.
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On 10/20/2020 at 6:48 AM, Dorjoy12 said:Today i am going to discussion about liquidity pool in my topic as it important to know for every crypto member .. Those member who work in crypto world may heard about mining.. Still here has lot of members who has enough idea about mining and some of them has basic idea and its okay.. Usually those members who do mining called minors.. For this, Minors receive commissions or earnings from transaction fees... To do mining we all must need to have good computer and ofcourse low cost electricity is required... Because usually those device that get used for mining need huge voltage of electricity and its means the cost will be huge ... So if the earning comes from mining goes to the cost of electricity then there is no benefit in mining for us.. Again in many country mining is not legal anymore.. That is why its not possible for every one to earn from mining..
After read this short discussion of mining you can easily think what is the matter of liquidity pool with mining,right?
So here explain it shortly about how to use liquidity pool?? Because i am going to do discussion about it..
If you understand this discussion, you also can get a taste of mining by try this method. Its means that you can earn something similar to the way miners earn from transaction fees everytime..At present, there are many decentralized exchanges, especially Uniswap. Because only they were the first to use the logic of Liquidity Pool in the right way... Also Justswap or centralized exchange such as Binance has the facilities too of Liquidity pool..
Uniswap has two features, one is which "Swap" and another is "Pool".. But you can be a liquidity pool provider by use second feature of Uniswap.. By this way we can earn something from transaction fees.. Which means you will get some taste of mining without doing mining....
What is liquidity pool???
If you want to know about liquidity pool shortly then its easy to say this is a method where token get locked in smart contract every time.. .... While those tokens provide liquidity for trading... This matter can be lil bit complicated for all of us but after proper discussion hope everyone will understand ..
Why need liquidity pool??
We are well-known with centralized exchange site such as Binance , Kucoin and coinbase.. In this kind of exchange site you can see a order book.. There one side has buyer order and another side has seller order.. As we know, buyer always want to buy with low rate but seller Always want to sell with high rate.. Now suppose one buyer want to buy some BNB from Binance exchange site.. In the same time one seller want to sell some BNB in Binance exchange site.. Now buyer want to buy per BNB by 25 usd but seller want to sell per BNB by 28 usd.. Now if the buyer changes his decision and his purchase price changes from 25 to 26.5 and the seller changes his decision to 26.5, then that word will be fulfilled...
But if the buyer and seller dont want to change their decision then that time what will happen with market position ?? For this reason market maker come into market.. Then the market maker give them different price according to their choice.. Its means market maker provide them liquidation.. For this liquidation provide no buyer or seller need to wait in market to buy or sell their coin.. Thus market become active always .. You must have seen that there are many exchanges where you have to sit with buy order or sale order for a long time... And it happen because there has no good liquidity provider in those exchanges..
How to use liquidity pool??
Hopefully, you have got some idea of what Liquidity Pool is. Now let's try to know how to earn using this Liquidity Pool... In centralized exchange like Binance or decentralized exchange like Justswap has the feature of liquidity pool... You also can be a liquidity provider by using their feature and thus you can earn something .... Again if you swap or exchange tokens from Uniswap then you need to pay a fee to complete the swap...And some of the fees you pay are paid to those who provide liquidity... Suppose you have an ETH and some ZRX tokens... Then if you want, you can become a liquidity provider with these two coins...
Again imagine you have 1 eth that price is now 350 usd and now if you want to keep this one eth in liquidity pool but you also need the same amounts of another coin that you want to keep in liquidity pool.. Like you want to keep ZRX then you also need to have 350 usd ZRX.. Its means the pair amount need to be same.. So i imagine you keep one eth and 900 ZRX which total amount is 700 usd.. Now if someone wants to sell some ETH and take some ZRX, then from your 900 ZRX he will be given ZRX as per his demand and instead ETH will be credited to your pool account... According to this calculation, the amount of ETH in your account will increase, since he sold ETH and took ZRX. On the other hand, the amount of ZRX will be reduced... Thus you will be given some part of the fee that will be deducted from the user while doing this swap...Is liquidity pool for you??
If you want to hold a coin for long term then liquidation pool isnt for you.. Because if you want to hold ZRX for a long time and if you leave ZRX in Liquidity Pool while the amount of ZRX decreases then in this direction the price of ZRX increases. But the price of ETH does not increase in that proportion and thus here your loss will be as USD... For this reason you shouldnt use liquidity pool.. And if its no matter for you to hold ETH or a ZRX hold then you can take part in the Liquidity Pool... Thus you can get a taste of mining with the Liquidity Pool part.. . you can take commission from the transaction fee...Best of luck cryptotalk members 💕
I was unfamiliar of the term liquidity pool I think that it is some thing like mining but you post really helps me a lot and also many members of the forum to clarify their concept and it would be very helpful.Thank you soo much for your efforts.
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On 11/12/2019 at 12:42 PM, Ajlovez7 said:Hello everyone, i want to hear which country do u guys belong and what's your country stand on bitcoin & cryptocurreny? It may be legall tender, cryptocurreny banned, regulated ,unregulated, or No decision yet etc. What's the situation in your country for bitcoin & cryptocurreny from the above examples ?
dude there are a lot of countries in the world who did not accept crypt ocurrencies and they consider as illegal but now the world is progressing day by day and many countries started their use so that our country also gets in it.
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On 1/23/2020 at 7:25 AM, Sair said:My question is about yobit.
Is yobit is available in Android app on play store?
If yes then please drop the perfect information to download.
Yes yobit exchange is available on play store and people use it but I think that using it on a website is much more easier and good. Because this site is much more official and easy to use.
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On 11/10/2019 at 7:18 AM, on1k3n said:A lot of people ask me about getting started with trading crypto. There are many tips and tricks I use to be successful. Here's one for you. Use money from a faucet to fund your operation. In many cases people aren't able to invest their own money to see it grow, so take money from a faucet instead. This makes it easier, if you might lose some because it wasn't yours in the first place. Do you have any crypto secrets you would like to share?
It is not secret it is just a proper plan and proper mind set and experience to deal with things like investment and trading needs some research and there would be more chances to be successful in this way.
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On 12/4/2019 at 11:23 PM, milanista said:
Starting in 2020 all financial institutions in Germany will be able to legally offer cryptocurrency services including selling, storing, and investing. A bill was recently passed allowing German banks and financial institutions to engage in cryptocurrency dealings with the public. With megabanks like Deutsche going under, governments and economies worldwide in ruins, and talks of the dollar collapsing does cryptocurrency stand to be the leading world currency?
It is really a good news to hear that know the world is updating about the digital currencies and Germany has took a very good step in this regard and all the countries should try to take part in enhancement of digital currencies and make their use legal.
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On 10/18/2019 at 7:44 AM, Keith700 said:Thanks to the constant innovations in the world, Blockchain has visualized it as a fluid system which allows you to free yourself from prosecutors, taxes, and constant regulations.
It represents a significant advance in the financial world, although being new it has taken time to adapt to situations.
Understanding this system is simple although it is vital to know how to use it correctly, and there it differs.
Being able to traverse with freedom and confidence is what many want and blockchain can facilitate that advantage to the actiaul world, Bitcoin and Litecoin are clear examples of use, although there are many more, discover each one without fear of learning more!Yes dude as now world is progressing very much and everything become digitalised now so using blockchain and cryptocurrency is necessary for all of us as it has many advantages and also it's easy to access and use.
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On 12/19/2019 at 8:12 AM, Sagor said:Price of bitcoin and all other coin is increasing from today. i wish the price will go to moon very soon. what do you think about it everyone?
Dude the price of Bitcoin and all the coin is on higher curve and it is increasing day by day now in 2021 there we can see a good change in the price of Bitcoin and it is very much higher price right now .
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On 12/6/2019 at 1:30 PM, Lubruselu said:Which do you think are the best globalization that's suit you more between cryptoworld and fiat world.
For me my favoroud thing here between them is most cryptoworld where I can earn a lot if I keep long holding.
we cannot deny any of them because both are important and has their own advantages but I personally like cryptocurrencies because it is more efficient and fast and it is easy to use and there will be no physical disturbances.
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On 2/20/2020 at 1:30 AM, Seedra said:Is it safe to invest in Cryptocurrency?
Are cryptocurrencies a safe investment? In short, there is no such thing as a safe investment. ... The volatility with whichcryptocurrencies have fluctuated over the last 12 months certainly evidences a higher risk of loss, but it is also what has made them such a lucrative investment for so many people.Sep 18, 2018
Investment is a good thing but it all depends upon the market value and the right time to invest,anyone investing at the right time with the right amount he will get good profit so it all depends upon the knowledge and risk.
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On 10/20/2019 at 12:56 AM, redamoun said:In September 6, 2019, about 0.5 of all BTC in the internet, have been moved to unknowing wallet, it's not a small amount its 95000 BTC, in dollar, worth more than $ 1 billion, and this make the user of this portfolio, the owner of the richest Bitcoin wallet. for me i think only Exchange can have this amount of BTC, especiale if we know that one of the new platform "Bakkt" have open the doors for users to send thier BTC
so what are you thinking about this, my brothers in crypto?
Oh dude it is a very big amount and we cannot forget it in any way This is the main issue in cryptocurrencies that hackers are not easily determined and they are now very much active in stealing the money from other peoples.
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On 2/4/2020 at 9:00 PM, Md Yousub Ali said:Hello sir/mam
I am new in here, is here any chance to lost yobit account balance? or someone who can steal my found? Have here any possibility like this??
Please someone clear me.
if you use a strong security password and enable 2fa authorisation then there would be no chance to steal your money from yobit account so it all depends upon your safety that in which way you control it.
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On 3/18/2020 at 3:43 PM, Ch Ayyan said:Can you think all real currencies can be used like digital currencies in future. I think it will be good If happened. I think every one can used their country's currency every where in the world. If happened in future. Do you agree?
Yes there are some chances that real currencies can be used as digital currencies but if more people are attracted toward it then maybe in the future it would happen but now it is not possible.
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On 11/27/2020 at 12:56 PM, BrolySSJ said:Earlier this month i created a topic that highlighted the reason as to coinbase going down. The link to this article is as follows:
When this initial problem happened it was promised by Coinbase that they would look into it so that there is no more future outages of this nature due to high traffic demands. However, it seems that this was not met, as there was another outage on Coinbase, spanning over both its website as well as its mobile application. Once again, the outage was caused by the same problem that caused the first one, an that is the recent surge in the number of transactions.
However, this could be due to the AWS cloud provider, as there are other sites that are also experiencing issues of a similar nature. Nevertheless, this once again brings in the question of is coinbase reliable to use as a wallet and exchange platform? Whilst there are many that use it and rely on it, as we have seen recently the price of bitcoin dropped drastically in a matter of hours, and therefore if there are cases where exchanges and wallets go down for lengthy periods during this time, this could mean not being able to sell your crypto before the price drop, or not even being able to buy at the lower price, inevitably causing losses.
Perhaps people will start to move away from coinbase in the future if such occurrences persist. I think it is in the best interest of coinbase at the moment to focus on rectifying this problem, to make sure that it never happens again.
Thank you for sharing information and updation.as the end of 2020 has shown a great rise in the price of Bitcoin and also now the Bitcoin price is becoming higher so it is a good thing.
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On 10/15/2019 at 11:34 PM, hexwin said:
You can read actual post that Satoshi wrote back in February 11th 2009 where he explains about creation of Bitcoin
ENJOY reading text and comments also 😉
source:
http://p2pfoundation.ning.com/forum/topics/bitcoin-open-sourceThank you so much for the detailed information as many people are unaware of creation of Bitcoin and how it made and which help in it, it is not a single individual task it has a team work and your post really helpful for all of us.
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On 12/6/2019 at 1:17 PM, Lubruselu said:What's do you predict about the future of bitcoin! Will Switzerland get the order to produce the physical bitcoin coins?.
And if this is really will happen which kind of bitcoin you'll be most likely, physical or online coins?.
And what's do you think will this affect the bitcoin price to drop because of increased of totally supply!.
I don't think so that there will be any physical state of the Bitcoin because it is totally digital currency and it will remain digital forever and it has easy transaction and there is no requirement of any document in it
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Before I Invest With Cryptoqurrency?
South Korea Deemed Cryptocurrencies as Dark Coins
in Crypto World
Posted
yes there are some people who use black money as their cryptocurrencies and save in it so the money laundering schemes are not very much common but it is not right to say Bitcoin as dark coin because it depends upon the people not the currency.