Welcome, Guest
You have to register before you can post on our site.

Username
  

Password
  





Search Forums

(Advanced Search)

Forum Statistics
» Members: 115
» Latest member: Selina12
» Forum threads: 1,012
» Forum posts: 11,157

Full Statistics

Online Users
There are currently 64 online users.
» 0 Member(s) | 63 Guest(s)
Bing

Latest Threads
Satoshi ALIVE??????
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-05-20, 06:33 PM
» Replies: 2
» Views: 192
Crypto Traders Are Longin...
Forum: Bitcoin and Altcoin
Last Post: Junior
2020-05-20, 07:00 AM
» Replies: 1
» Views: 142
MinexCoin is now very che...
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-05-15, 06:20 PM
» Replies: 5
» Views: 357
Price of ETH has outperfo...
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-05-12, 03:17 PM
» Replies: 2
» Views: 223
Signup to bittube to supp...
Forum: General discussion
Last Post: Carsten
2020-05-10, 11:23 AM
» Replies: 2
» Views: 269
ETH 2.0 Issuance Will Be ...
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-05-06, 09:05 PM
» Replies: 6
» Views: 417
Are you safe? Corona and ...
Forum: General discussion
Last Post: Carsten
2020-05-06, 05:05 PM
» Replies: 6
» Views: 550
Mimblewimble Integration ...
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-05-06, 08:13 AM
» Replies: 2
» Views: 246
The bull run has started!...
Forum: General discussion
Last Post: Carsten
2020-05-01, 07:04 AM
» Replies: 8
» Views: 459
Celo.org
Forum: Bitcoin and Altcoin
Last Post: Carsten
2020-04-28, 02:59 PM
» Replies: 3
» Views: 305

 
  Aggregation between DEFI and Exchanges
Posted by: Hugues - 2020-03-30, 03:55 PM - Forum: Bitcoin and Altcoin - Replies (3)

Reliable DeFi Aggregation

Totle aggregates decentralized exchanges and synthetic asset providers into a suite of tools that makes it easy to access deep liquidity for DeFi assets at the best price.

https://www.totle.com/
https://swap.totle.com/

Print this item

  Bitcoin Price Appears To Be Decoupling From Other Asset Classes Again
Posted by: Carsten - 2020-03-28, 08:54 AM - Forum: Bitcoin and Altcoin - No Replies

This is also interesting. The decoupling of Bitcoin prices from stock prices.

"Bitcoin fell sharply along with all other assets during the global valuation collapse. Because it tracked with other assets like stocks, gold, and oil, there were more questions about Bitcoin correlation. Is Bitcoin an uncorrelated asset? One that doesn’t consistently move in the same or opposite direction as other securities?
The Bitcoin price was uncorrelated with stocks over the 2019 calendar year. That seems to suggest its price has determinants that don’t overlap, either positively or inversely, with those of stock prices. That’s no idle curiosity. If Satoshi Nakamoto’s coin is an uncorrelated asset, then it has a certain appeal as a hedge for investors to diversify their portfolio.
So many noticed and were quick to point out that Bitcoin cratered like the rest of the world. At one point, the market capitulated over 40% in 24 hours. But this one data point is hardly enough for the “Bitcoin is a correlated asset” side to claim victory in the debate. Even an uncorrelated asset will sometimes move with other assets. It’s how consistently this happens over time that determines whether it’s a correlated asset or not.

One Datum Does Not A Trend Make
Obviously, something happened in February that was bigger than all of us. The world’s markets shuddered in the worst panic since maybe the Great Depression. So, of course, Bitcoin got pulled down that gravity well along with everything else. That’s not surprising. In fact, it’s precisely what happened with gold and equities in 2008. While gold is inversely correlated with stocks, spot gold fell in early 2008 along with the stock market.
That was a “flight to safety” period that only lasted some months. It was a temporary shift in gold’s usual behavior as an inversely correlated asset to a positively correlated asset. When markets seize up that badly, investors sell everything for cash and cash-like instruments to keep their holdings safe while assessing the situation and deciding what to do next. They also need money during market crashes to cover their margin calls. 
That is a likely reason for the gold and Bitcoin selloff this time around.


Bitcoin Price Appears to Be Decoupling

The crash in Bitcoin and gold prices may continue for some more time, or it may reach bottom very soon. It’s impossible to time the market. Or at least it’s not something I’m inclined to try to do. But if they follow the same path of gold after the last financial crisis, the flight to safety is followed by a decoupling. Gold would return to its inversely correlated behavior and Bitcoin to the non-correlation of literal yesteryear. It would seem in recent days that the Bitcoin price has done precisely that:



[Image: bitcoin-decoupling-from-other-asset-clas...36x928.jpg][img=1024x0]https://cryptopotato.com/wp-content/uploads/2020/03/bitcoin-decoupling-from-other-asset-classes-1024x618.jpg[/img]Left: Sunday | Right: Thursday |

If you check the 5-day chart, though, Bitcoin can be seen decoupling from stocks.
[Image: bitcoin-snp-500-dow-jones-industrial-ave...-chart.jpg][img=1280x0]https://cryptopotato.com/wp-content/uploads/2020/03/bitcoin-snp-500-dow-jones-industrial-average-5-day-chart.jpg[/img]Bitcoin, S&P 500 Index, Dow Jones Industrial Average 5-Day Chart. | Source: TradingView"

https://cryptopotato.com/bitcoin-price-a...sses-again

Print this item

  Bitcoin Price Could Reach $17,800 In 6 Months Following Extreme Difficulty Adjustment
Posted by: Carsten - 2020-03-28, 08:50 AM - Forum: Bitcoin and Altcoin - Replies (15)

If the prediction is true then altcoins will also go up maybe 3-6 times as well.

"Bitcoin’s network went through one of its biggest difficulty adjustments just recently. While this had a quick and expected impact on the network, everything is back on track with blocks being produced on schedule.

However, interesting performance data reveals that the price tends to increase following extreme difficulty adjustments, such as the one that was witnessed on March 26th. According to some analysts, this might be quite favorable for Bitcoin’s price in the medium term.

.... read the rest here. "

https://cryptopotato.com/bitcoin-price-c...a-suggests

Print this item

  Binance launches Credit Card
Posted by: Junior - 2020-03-27, 02:55 PM - Forum: General discussion - Replies (4)

Binance has just announced the launch of a credit card. We see more and more launching credit cards this is good for crypto to become main stream, however in the future they will become useless when crypto is main stream and we do not need to exchange our crypto to the dirty fiat.

You can view more here:
https://card.binance.com/

PS:
I hope you are all well!

Print this item

  You know who is the Richest Bitcoin Owners In India
Posted by: Alexanejohnson - 2020-03-26, 01:18 PM - Forum: General discussion - Replies (3)

The fame of cryptographic forms of money, what we see today, is all due to Bitcoin. It is the main advanced cash which turned into a sensation since the time it made its introduction on third January 2009. In spite of the fact that there is a misinterpretation or you can say disarray among the individuals to think about its genuine author. Some state it is Satoshi Nakamoto, though some consider Craig Wright to be its genuine author. Be that as it may, in a large portion of the cases, Satoshi Nakamoto is accepted to be its genuine organizer. so now we go to know who is the news/list-of-famous-bitcoin-investors or another whole world.

Print this item

  Are you safe? Corona and crypto
Posted by: Carsten - 2020-03-24, 04:54 PM - Forum: General discussion - Replies (6)

Hi to all of you still reading this forum.

It's been a while since I posted and the reason for that is a mix of things that just have been more important, but now I would like to make a post.

First of all I want to say that the world have never in modern time seen such a deadly pandemic that we are facing now. I therefore really hope you are all safe where you are and that you follow the guidelines of your police and governments. In these times I chose to follow the guidelines instead of making questions about if their severe impact on my life is valid or not. I think in this case with the Corona virus it's not easy for governments to find the right restrictions to make so maybe they go to far or maybe they don't go far enough. We don't know until it has reached a level where it's under control. We are far from there yet.

We also know that the virus has mutated already and more than 40 version was found on Island in a relatively small population. What is very scary if it's mutate to an airborne version that are more deadly than what we see now. It's therefore important that we for once try to do our duty to the rest of the world and stay home and keep distance to others. Easter is around the corner and one of the important times for families to come together and celebrate. For the first time ever we has to cancel Easter and I guess many of you will do the same.

Let's hope we acted in time and we come through this crises with as few deaths as possible.

The impact on the air traffic is massive. Never ever seen before. Vacations in Italy, Spain, Greece and France is cancelled in massive numbers making it even harder for the people used to provide service for tourists to have an income. Production around the globe is put on hold in many areas related to the aviation industry. Restaurants, hotels and airports are firing staff because of the change in traffic. So what does our governments do to keep the system from collapsing?

That's a good question. Because of the recovery from the last financial crises in 2008 we have massive savings here in Denmark and banks are loaded with money. Our economy is good and can survive this for many months even the government has put a safety net out to compensate all the businesses that has to close because of direct order from the government. In USA Trump is already talking about reopening the country because the cure is more expensive than the disease. It seems Trump is closing his eyes because the pandemic is just started in US. It should peak in 5-6 weeks there. At the same time US is printing money like never before and is virtually bankrupt. We have therefore seen a drop in the value of USD vs. Euro, but today it's slowly coming going up a bit. So just a tip to those who are in USDT, DAI or other stable coins to keep an eye on the value of the dollar.

Then there is gold. Gold took a big dive, but also gold is slowly coming back up.

How about crypto? Well Bitcoin is the base and measured against (the falling USD) it's going up again but it also took a huge hit like all other major cryptos. 

Regarding the future then this crises will change our lives forever. Travel as we knew it is over. The globalization has stopped. Finally we see that moving all production to China was stupid in case of a crises. Now we have it and we are short on many supplies. Some companies now change their production to produces sanitises and protection to the staff working in hospitals. We will see that change all over the world. I think this will have a huge impact on the European and American economy in a few months from now. The question is if the system collapses or survives. 

I bet you that crypto will survive and probably be a better place to put your money than the bank. The printing of money causes inflation and even the crypto fluctuates it will not have the inflation our fiat system does. 

There is many uncertainties in this post. It's written from the top of my head so there is probably spelling errors and minor mistakes, but I thought it was time to reach out to all who read this and give away my thoughts.

Once again I do hope you are all well.

Carsten

Print this item

  FED is going to print money because....... :-)
Posted by: Carsten - 2020-03-17, 10:06 PM - Forum: General discussion - Replies (1)

This is fun:


"$700B quantitative easing"? "Interest rate cuts to zero"?

Here's a simple cartoon to explain it all in just two minutes

https://twitter.com/i/status/1239311614341455872

Print this item

  Economical situation 2020 (Corona)
Posted by: Hugues - 2020-03-15, 03:42 PM - Forum: Uncategorized - Replies (62)

The Federal Reserve has announced $ 1500 billion in interventions. To give you an idea, the FED's full annual budget was less than $ 1000 billion for 2008.

And that $ 1500 billion is just the beginning. They're going to flood us with cash.

We are currently experiencing a deflationary shock similar to the 1930s.

The main difference with the 1930s is that central banks were tied hands and feet to the gold standard at that time. We do not know this limitation today anymore, which means that money can be printed to your heart's content.

And they will print! Thousands and thousands of billions of dollars!
Central banks in Europe and other countries will follow this example,

So the deflation we see today (and the value of our investments plummeting) is rather temporary, I suspect.

Compare it to 2008. Even then precious metals initially went down… and then bottomed first and made new highs there.

Silver went from $ 17 to $ 8 ... then rose to $ 50.

Gold went from $ 1000 to $ 750 ... and spurted to $ 1900.

And GDX went from $ 53 to $ 15… and hit $ 63.

I believe crypto is going the same way.

Print this item

  Denmark is shutdown and borders is closed! #covid-19
Posted by: Carsten - 2020-03-14, 12:57 AM - Forum: Uncategorized - Replies (2)

The Danish government has just closed the borders. Every worker in the public sector has been sent home unless you work with important services like healthcare, police etc. Schools, high schools and universities are shutdown!

You can NOT travel to Denmark now and we can NOT travel out of Denmark. It's a state of martial law almost. 

It's crazy here like I guess it is every where else in Europe. Anyway our government has gone further than everybody else, but I think we will see  the same action in other European countries during the next days. Even stupid Boris Johnson and UK will do the same, but maybe too late.

I think our government event they are of the wrong color and politics to me are doing the right thing. They act in time to slow down the spread in Denmark. Everybody WILL be contaminated, but these steps will slow down the spread and thereby NOT having a massive impact on the hospitals.

COVID-19 almost only kills people with age from late forties to and up. The older the more like you die if you get infected. I can't be sure but even I'm above 50 now I think I not even get badly hit by the virus. History tells me that, but you never know.

Hope you are all well. Stay safe.

Print this item

  The magic of DEFI
Posted by: Hugues - 2020-03-10, 06:50 PM - Forum: Uncategorized - Replies (12)

Quote:The magic of DAI

Since a while a have been following and analysing this new DEFI system. It took lots of research, reading and interviewing to see the picture. And to be honest I believe I don’t see the whole picture yet.
But what I figured out till now is amazing.

We are talking about DAI.
This token is a product from Maker (makerdao,com). It is made esspecially for DEFI.
DEFI goes from simple loans to insurances and much more. I am not going into detail about all DEFI can be.
Let’s just talk about the lending system in this great DEFI system.
DAI is set to $1 per token: so 1DAI = $1. Sometimes this can fluctuate 1% above or 1% below $1. This due to some latency of governors (MKR node holders) on the blockchain and a few other factors.

The mechanism of this systsem is great.
What can you do with DAI?
You can borrow (about 9% interest), you can make it a savings account with 8% interest, you can use it just to keep your assets safe when you expect bearish seasons, ….

Let’s do some math.
Therefor we should go back in history assuming DEFI and DAI was already there.
Let’s go back to december 2017. BTC hit $20000.
Great! But a few months later it was a bloodbath. It fell down to $3000.

Let’s assume in december you had 1BTC worth $20000. Probably you would have kept it, hoping BTC would shoot in higher spheres. Unfortunately this didn’t happen. At a certain moment when it went down to $15000, you realize it would be a bearish season for quite some time.
So you decide to sell them at that point and buy 15000DAI because DAI stays stable. Wether the market goes down or up… DAI stays at $1.
So you could keep your $15000 safe without making further losses.
But you could do better.
Via oasis.app you could put these DAI into a savings account with 8% interest*. The market was down for almost 2 years so it would have made you about $2500 of profit. You would have had $17500. If you would have bought back BTC (at the moment it was about $3000) with your money from your savings account (in DAI) you could have 5.8 BTC instead of 1BTC in december 2017. Today it would be worth about $68000.

Ok you could have sold your BTC to exchange it to fiat, but therefor you need a bankaccount, because leaving it on the exchange is a bad idea.
But exchanging it to DAI results in the same but you can leave it in your crypto wallet, completely decentralized.

Borrowing:
Suppose you can afford to invest $15000 in crypto.
You could buy some BTC for instance and wait till the market goes up. It certainly will. At this very moment crypto are in sales. So today you could buy 1.92 BTC for it. Suppose you do this and decide to sell your BTC when the value of 1BTC is $25000 (let’s say after 1 year). You would make yourself a nice profit of (1.92x25000= 48000) $33000. Nice isn’t it.

Maybe we can do better. And borrow. Especially now the market is low and crypto will go back to higher spheres again. That’s for sure.
You buy yourself some ETH worth $15000. It would be around 75 ETH.
These ETH will be the collateral to borrow 10000DAI. At 9% interest.
With these borrowed DAI you could buy 1.82BTC. If after exactly 1 year BTC hits $25000, you could sell exactly $10900 worth of BTC exchanged for 10900DAI) to pay back your loan + interest.
So after 1 year your BTC would be worth $45500 minus $10900 to pay back your loan. When your loan is payed back your 75 ETH are back in your position. And you can be sure when BTC hits $25000, ETH would be above $500. So your ETH would be $37500.
$37500+ $34600= $72100

So we started with $15000.
In situation 1 we just bought some BTC to make it $48000.
In situation 2 we used the $15000 to borrow DAI and invest the DAI, to make it $72100.

Can you see the magic of DAI and DEFI?




* I did the test with the savings account. I put some DAI in it and you see the interest grow every second.

Print this item

Banners