Other Coins - Price & Trading topic

I voted no but I think it will reach 40k next year

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According to

it looks like the volume of BTC/EUR is now higher than BTC/USD on Kraken.

I think this is interesting. Do you?

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Hey all, wondering if anyone has any predictions for where the american dollar is headed? I heard from a friend that the hong kong dollar is doing horrifically and that it’s quite tied to the us dollar, and was wondering what more clever people who follow this stuff more think.

More dollars have been printed this year than ever I think I saw on here, so it’s presumably very shaky? And if the dollar plummets, btc and alts presumably wouldn’t actually do well, because everyone panics and wants cash in hand more than likely?

Maybe it’s a ridiculously overly large question haha but any thoughts or numbers on where fiat currency, cryptocurrency, gold, stocks, is possibly heading, I’m enjoying wondering about this at the end of this quite mad year.

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The dollar is looking very weak right now. EURUSD is breaking out of a 12 year downtrend. 1,26 is a level to watch, if it breaks its looking horrible for the dollar TA-wise.

Maybe someone can shine its light on it fundamental wise?

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Please educate me.
There is a little sell wall of 50 BTC on the Kraken EUR market, but it keeps moving up every time somebody takes a nibble of it. And if the price goes down, it’s right back, looking like it’s almost willing to sell at the current price.
https://cryptowat.ch/charts/KRAKEN:BTC-EUR
What good is a “wall” like that and what does it want to achieve? Just to make it look like there is more selling pressure than there actually is?

Usually what they do is make it look like there is no upside potential for a while, so people will stop buying / sell there trading portion. Most of the time these people will have smaller/hidden buy orders, so they fill up and then all of the sudden your sell wall is either removed or bought up (by their 2nd 0 fee trading account) everyone that sold will buy back their trade holding → rinse and repeat

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I don’t know. It just looked a bit too obvious to me, with all that moving around. I don’t think 50 BTC is nearly enough for those tricks on one of the world’s largest markets. But it’s still around a million euros, so why not play in your own league somewhere else, if you’re so inclined? BTC on Kraken seems to be for much bigger boys.

bitcoin shown in satoshi’s

To give people the idea that they can also buy part of an bitcoin instead of a whole bitcoin. :stuck_out_tongue:

Can someone please check if there is not sell decrease of new mined Bitcoins ?
Some rumours see troubles for Chinese miners to sell it.

Apparently this shows that info, but I don’t understand it.

According to

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Mar 27, 2020 for that article?

Yes but the data is updated, if you can make sense of it.

Sussed it.

Today 1283 sold,
919 generated

Its under the “on chain” tab

This explains interpreting the data .

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Maybe worth for your strategy @Antifragile
https://www.chiliz.net/
It is exchange for funs tokens which some of them pumped recently after added to Binance

What’s this about the US Government being the sixth largest holder of bitcoin?

For real?

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From confiscated coinage? I remember they had the coins, but no private keys for them a few years back. Silk Road related maybe?

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That’s a very broad definition of owning something…

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Keep an eye on these Seigniorage coins (algorithmic stable coins)…it’s getting hotter and hotter
Today they pumped all, wait for dip, DollarProtocol is the most interesting and still smallest (and a bit more complicated, it’s the MAID of stablecoins :wink: )

Hi Nevel, Dollar Protocol sounds a lot like Reserve RSR and RSV tokens. Am i right?

From their Telegram (august)

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