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Kauvincx

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Everything posted by Kauvincx

  1. Kauvincx
    Top cryptocurrencies by market capitalization will always be influenced by the variations of Bitcoin price, with the exception of Bitcoin SV, which has seen a major jump this year
  2. Kauvincx
    True, and that sucks. Exchanges operating inside European Union, being descentralized or not, are now Obligated Entities, meaning that they must do KYC procedures to their customers. That's the main reason why several exchanges have shut down or relocated outside EU
  3. Kauvincx
    Some projects are doomed from the start, adopting a pyramid/ponzi scheme to attract investors to their product, ignoring entirely the consequences of conducting such risky marketing strategy
  4. Kauvincx
    I believe nobody really cares about security on exchanges, because the centralized nature of these businesses make them vulnerable to hack attempts, that's why it's important to never use a exchange account as a wallet and withdraw your funds as soon as you are done with these exchanges
  5. Kauvincx
    These sites are known to promote scams, because they advertise fake exchanges (in that case, it's chain-ex.space). Don't fall into these exchange scams, there are a lot of sites like this one.
  6. Kauvincx
    Yobit doesn't require KYC before opening account, unlike Bittrex. And Bittrex have ridiculously high minimum trading limits, sometimes up to 50000 satoshis, making it unsuitable for small or dust transactions.
  7. Kauvincx
    Technical analysis are only suitable for long term market analysis (e.g. predicting that bitcoin will soon break 10k USD by 2020), and it's only useful if its premises are factual and accurate
  8. Kauvincx
    Crypto Browser and FD Browser are the only browsers that allow you to earn while surfing websites. Brave Browser can't be considered, since the Brave Rewards Program is currently unavailable to more than 150 countries
  9. Kauvincx
    Since there are little volatility between cryptocurrencies overall, but there is a lot of volatility between crypto and stable currencies, then stablecoins play an essential role in cryptocurrency exchangers
  10. Kauvincx
    Withdraws fees for bitcoin are always high due to the transactions network fees, which are very volatile. I personally recommend trade DGB and then withdraw to another exchange that accepts lower withdraw fee.
  11. Kauvincx
    The price of yoda is constantly decreasing, as people are accumulating and selling their daily 1% from airdroped coin in investbox and it has no other utility than to make regular profits out of investbox.
  12. Kauvincx
    Scammers always give a bad reputation for cryptocurrencies, no matter what country do you live. But some countries prefer to prohibit these currencies instead of regulating them in order to reduce criminal activity
  13. Kauvincx
    It's the first cryptocurrency introduced in the world, and continues to be the first cryptocurrency to be introduced for those who don't know anything about cryptocurrencies and blockchain.
  14. Kauvincx
    A digital currency like bitcoin fulfills its mission of store of value much better than any physical assets, so why would bitcoin be any way physical in the future?
  15. Kauvincx
    Freedom always comes with a painful prize to pay. If you are willling to pay for it, then privacy is the most asset you can possibly have.
  16. Kauvincx
    He didn't write anything. I don't know if it's allowed in this forum, but it's possible to quote someone without saying anything just to share or agree to the quoted main idea.
  17. Kauvincx
    Third world countries will only try to prevent or prohibit any financial innovation (including the use of crypto) or encourage crypto adoption in order to evade sanctions imposed by first world countries. In either cases, the impact of a adoption of cryptocurrencies like bitcoin would be almost null.
  18. Kauvincx
    You also have to highlight the projects that introduce eco friendly alternatives to mining bitcoin, such as HydroMiner by using hydroelectric power, or Arc Iris which plans to introduce hydrogen mining.
  19. Kauvincx
    The only true change to this regulation is that custodian wallets (not the descentralized ones like atomic and electrum) will be required to do KYC procedures to their customers. Descentralized exchanges won't be excluded from due diligence procedures by this AML directive.
  20. Kauvincx
    Staking is a viable option for proof of stake cryptocurrencies. In several cases it's better than mining. You should look for projects with a good long term outlook, because you might not be able to use your staked crypto for some long time.
  21. Kauvincx
    They compare our personal data with a Financial Intelligence Unit (FIU), in order to identify suspicious clients. Then they take a risk based approach to evaluate the likelihood of a transaction being money laundering
  22. Kauvincx
    Whales playing the market is not an new thing, and even Bloomberg has reported on it. But the recent 500 USD dump is just a correlation for the recent spike in the price.
  23. Kauvincx
    I'm paying my bills to a government that had suddenly decided to ban crypto payments in the country for some unintelligent reason. Also, I've seen several governments issuing a warning to local investors to trade cryptocurrency 'at their own risk'. So I don't see how that statement makes sense to a majority of citizens in this globalized world.
  24. Kauvincx
    I have yet to see a exchange which charges low fees for bitcoin withdraws. It's a popular withdraw option for traders, so that every exchange can take advantage of the popularity to charge high fees,
  25. Kauvincx
    KYC are necessary for compliance, and with a few exceptions it does not compromise your private data more than most of social medias out there and analytics company, for some example
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