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Messages - TomPluz

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4006
Bitcoin News & Updates / Only 3.5 Million Bitcoin Is Traded Worldwide
« on: June 22, 2020, 04:41:29 AM »
Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold

Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis.

Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020. Of this, around 60% BTC is held by entities – either people or businesses – that have never sold more than 25% of the bitcoin they’ve ever received. Chainalysis labeled this BTC supply as “held for long-term investment.”

Taken from here.

I think this has been the case for many years and I am expecting almost the same situation years down the road. Come to think of it how just a small portion of the overall supply can be the determining force of the general price of the asset.



4007
The long-term holders of Bitcoin are seeing it as a store of value or the digital equivalent of the physical gold. It is amazing how 20% of the available supply can be determining the overall price of this asset but that is the way when something is openly traded.

4008
The Fed can treat Bitcoin as a fiat currency...but is the Fed really the most qualified to tell us what Bitcoin is? Bitcoin in the first place is not a pro-government (also not really anti) platform and should be beyond the control of the government. As to Peter, he has all the liberty to say whatever he wanted to say but for now his comments has no influence anymore with Bitcoin as people in cryptocurrency are already tired to his many anti-Bitcoin comments.

4009
We are always inclined to look in the past to see how Bitcoin can be behaving in the future. Though, of course, we understand that BTC has this habit of breaking its own traditions and historical tendencies. Personally, I am looking forward to its biggest bull run ever, successfully breaking the almost $20K level in 2017. Will that happen in 2021...only time can tell.

4010
Cryptocurrency Trading / Re: When to trade altcoins?
« on: June 22, 2020, 04:27:32 AM »
Short trade gives instant benefit but small return.  I always prefer to make trade with Etherium. ETH is more popular than any other altcoins. Investment on this coin is increasing continuously. Its price is also increasing day by day. So, I suggest you to make trade with ETH. Here you have more opportunity to get return and less possibility to loss fund.

I am interested to learn more on how you trade with the Ethereum digital asset so I am asking that you please share some of your effective strategies here...thanks a lot. I am looking forward to what you can share...

4011
Cryptocurrency Trading / Re: Enjoy Instant And Easy Investments
« on: June 22, 2020, 04:25:35 AM »
Many different new coins were introduced to market in different times. They offered alluring profit and bonus from investment but after some days they vanished with taking the fund of the investors. We fear to invest in such new coin. I welcome OEA coin to the market, at the same time I suggest to build up a trust within the investors.

We have the same feeling on this new coin. The site itself is not conducive for anyone to really trust and be confident to open one's wallet with it. Of course, these days it is easy to pay someone to put up a supposed project and be accepting investment. And of course, many people have been victims of scams and frauds. This has in fact been a big shame to the cryptocurrency industry...


4012
This can be an interesting cryptocurrency trading service that many users may love. I am just hoping that getting the subscription can turn out to be profitable even for small investors and traders. I am also suggesting taking testimonials from satisfied customers.

4013
#PROOF OF REGISTRATION
Forum Username: TomPluz
Forum Profile Link: https://www.altcoinstalks.com/index.php?action=profile;area=forumprofile;u=29150
Telegram Username: @GoodCoinz
Participated Campaigns: Signature
ETH Wallet Address: 0xff9903661D0611D1263b0E6b5c912a5a4054d21f

4014
#PROOF OF REGISTRATION
Forum Username: TomPluz
Forum Profile Link: https://www.altcoinstalks.com/index.php?action=profile;area=forumprofile;u=29150
Telegram Username: @GoodCoinz
Participated Campaigns: Signature
ETH Wallet Address: 0xff9903661D0611D1263b0E6b5c912a5a4054d21f

Note: I am sorry I am not aware that this is not anymore accepting Signature Campaign participants...

4015
Cryptocurrency discussions / Re: Do you agree with the experts?
« on: June 21, 2020, 10:03:41 AM »
Normally, I just take my own research and really believe in experts. Some experts just predict because they have certain goals. Because of this reason, I cannot believe in experts anymore. I have experienced many failed predictions by experts, so I think it is better to believe my own prediction.  :D

I agree with you. Experts can be right or wrong and many of these people are sharing opinions based on what they feel things are like and can be. We should be doing our own diligence and decide based on them and not just follow on some so-called experts.

4016
The bounty manager should drop this bounty if he wants to gain his credibility. the marketing team behind this project should be ashamed of their Job. theys should vacate their duties. A token that has no buy option on exchange. the best option to market the project is to create bounty project worth 700usd. Who does that. huge disssapointment.

Oh, I am about to participate with this bounty but reading your comment here put a cold drop of ice water into my head. Anyway, thanks for saving me some precious amount of time on a "worthless" project and bounty. I am hoping that good bounties can be coming to the forum.

4017
Cryptocurrency discussions / Re: CoinGecko Most Searched Assets
« on: June 21, 2020, 09:38:43 AM »
I think that Bitcoin and ETH will always have the top lists in every weekly searched assets because they are the most worthed coins as I think. For the other, Zil has been down very significantly and many people are buying it for holding. On the other hand, OGN has a great increase in some days and then down to earth suddenly.

I agree with you on this. The list contains some newer coins and tokens which are making some breakthroughs in the marketplace and can be worth investing and trading with. I am excited for OGN because I used to be supporting this project.

4018
Ameribor will someday be needed by many people because this is definitely the best choice in terms of P2P with Fiat being backed up by The FED. I think this temptation will continue to haunt the EThereum that is done by The FED because we all know that all countries in the world have debts to the IMF which are backed by The FED's finances.

I am excited for this development and many in the Ethereum network can be seeing the silver lining with this story. Ameribor can be an amazing tool which a good number of people will love. I am looking forward to hear more on this platform.

4019
No, but the ETH 2.0 upgrade will make the price pump, in my opinion, if we want to buy we need to do it now and try to accumulate as much as possible to get staking rewards on ETH.

Many Ethereum enthusiasts and holders are now looking forward to the effect that Ethereum 2.0 upgrade can be making on its price. Definitely, this can be so positive for the network and even if gas price can rise it does not matter to me.

4020
Yes, cloud mining is certainly cool. And if you know good sites where you can earn a lot, then this is very cool. But I recently stopped using cloud mining.

I heard that cloud mining are generally just scams or ponzi scheme which can collapse once only a little people are coming in to invest. By the way, what is your story on cloud mining and why did you stopped?

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