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Re: Cryptocurrency

Posted: Tue May 29, 2018 12:11 am
by FrancoisT
Trading cryptos under CFDs is a kind of option - not the best one due to high volatility and massive spreads and if the positions is hold for a longer period, the financial charges/swap would be significant. If I have to relocate and trade only cryptos, I would use straight up crypto exchange and would be more interested not with Bitcoin, Ether and etc., but from more cheaper (but not illiquid) repeating the movement direction of the "biggest coins". :)

Re: Cryptocurrency

Posted: Thu May 31, 2018 4:46 pm
by bonifaas_abe
Thanks a lot, mate! sounds logical 😉 and following the "biggest coins" trend , is definitely an interesting idea , I will have to try it.
And now the other question ... how many European brokers offer the "cheaper" cryptoswill do my research

Re: Cryptocurrency

Posted: Mon Jun 04, 2018 11:38 pm
by FrancoisT
bonifaas_abe wrote: Thu May 31, 2018 4:46 pm Thanks a lot, mate! sounds logical 😉 and following the "biggest coins" trend , is definitely an interesting idea , I will have to try it.
And now the other question ... how many European brokers offer the "cheaper" cryptoswill do my research
I would not looking for a broker, but the Crypto exchanges like:
* Coinbase / GDAX platform
* Bitpanda,
* Binance and etc.:)

Re: Cryptocurrency

Posted: Thu Jun 07, 2018 8:26 pm
by bonifaas_abe
check out what pop up while looking for more info regarding Coinbase / GDAX platform: Desico-
“The world's first platform to issue fully legally compliant security tokens.” Have you ever try it? Or should I ignore it ?

Re: Cryptocurrency

Posted: Tue Jun 12, 2018 11:44 pm
by mlawson71

South Korean Coinrail was hacked over the weekend and reportedly lost about 30% of the coins traded on the exchange
, which caused a sharp drop in the prices of Bitcoin and other digital currencies. The exchange temporarily suspends operations to fully cooperate with investigators in tracking down the missing funds.

Coinrail confirmed the “cyber intrusion” in a statement, but did not quantify the value of stolen coins. Nonetheless, the loss is estimated at about 40 billion won (£27.8m).

Re: Cryptocurrency

Posted: Tue Jun 19, 2018 11:40 pm
by mlawson71

Tether, a cryptocurrency token that is supposedly backed by the US dollar, has been spent on Bitcoins at key instances to support its price,
reveals a paper published by a University of Texas professor.

The pattern has helped drive Bitcoin prices to a record high in December, says John Griffin, professor in finance, who in 2017 has also shed light on a potential manipulation of the VIX benchmark index.

Re: Cryptocurrency

Posted: Wed Jun 20, 2018 7:12 pm
by bonifaas_abe
From what I’ve heard tether is cryptocurrency mainly used to manipulate the price of bitcoin. The price of bitcoin dived in February after news that Tether had been subpoenaed by the US Commodity Futures Trading Commission (CFTC). Tether is meant to be backed one-for-one by the US dollar. I also have heard that it plays a central role in the operation of many leading cryptocurrency exchanges, not only btc. Is it really a "stable coin"?l

Re: Cryptocurrency

Posted: Thu Jun 21, 2018 1:30 am
by mlawson71
bonifaas_abe wrote: Wed Jun 20, 2018 7:12 pm From what I’ve heard tether is cryptocurrency mainly used to manipulate the price of bitcoin. The price of bitcoin dived in February after news that Tether had been subpoenaed by the US Commodity Futures Trading Commission (CFTC). Tether is meant to be backed one-for-one by the US dollar. I also have heard that it plays a central role in the operation of many leading cryptocurrency exchanges, not only btc. Is it really a "stable coin"?l
I am not sure there are any truly stable cryptocurrencies at the moment.

Re: Cryptocurrency

Posted: Fri Jun 22, 2018 11:27 pm
by mlawson71

The Canadian government has released an official draft of new regulations on crypto exchanges aimed at strengthening Canada’s anti-money laundering regime.


Under the proposed rules crypto exchanges and payment processors will be treated as money service businesses (MSB), which requires them to report large transactions — over 10,000 Canadian dollars (7700 USD). There is also a new Know Your Customer (KYC) threshold set for transactions over 1000 Canadian dollars.

Re: Cryptocurrency

Posted: Fri Jun 29, 2018 5:17 pm
by bonifaas_abe
mlawson71 wrote: I am not sure there are any truly stable cryptocurrencies at the moment.
Thank you for answering, mlawson71. I appreciate it!