Binance reopened doors! Media hype should bring more people into the market when it hits $1 trillion
----- BINANCE, the exchange I use the most, just reopened to new registrations… join it quick it has the most coins on it:
Use this link on your COMPUTER, not phone, and use CHROME not Safari.
I think we both get some credits too, for what it’s worth:
https://www.binance.com/?ref=16322272
CODE: 16322272
------- CURRENCY RATES. Also as most exchanges need EUR or USD, the best way to convert GBP is using Resolut the banking app
Where have I been with this one?! I travel a lot so this is pretty amazing. You get a free account in any of the main currencies, and it transfers over at market rate.
I just checked using XE.com and it was the same rate - much better than what mainstream banks (like mine Barclays) offer.
They have just launched the ability to buy BitCoin, Ethereum & Ripple too direct which will save some hassle... Click this link: http://tiny.cc/ResolutApp
----- Recommended WATCH. How Bubble markets work:
It looks like today and tomorrow there maybe a pull back. The market tends to do 7-8 days of rally and then quick pull back for 1-2 days.
Profit taking usually is quite quick - removing few days of gain. Buying these dips or within the initial recovery seems sensible. Don’t buy at the all time high, as can correct sharply.
He think’s the market is still in the Boom Phase, as it’s under $1-2tn.
The media hype will bring a lot more people in the week following breaking through the £1tn barrier. So I’d join up for all these before they do.
The biggest fear for this market is that the governments - in collusion with the banks - CAN marginalise this market and stifle growth. (They’d most likely use the “money laundering” aspect of this.) But why haven’t they done this yet? They’re still in negotiations and working out if there is money to be made in all this for them. Big institutional money hasn’t really poured in yet, actually, and it’s far from being a threat to the mainstream currencies yet.
It’s very likely the banks will work with some of the players in this market. This is the goal of Ripple - that’s why it boomed after doing deals with Japanese banks, and also AmEx. But this was not to actually use their currency XRP, but their technology, as it is better than ETH and BTC.
IOTA has some of the best tech as it’s 3rd gen crypto - it’s addressed a lot of flaws in the first generation BTC and 2nd generation ETH. (I bought some due to the recent Microsoft misunderstanding which sent the value down.
----- APPS:
BitScreener & CoinStats - great for research.
BlockFolio & CryptoViewer for keeping track - the latter swops between currencies which is very handy.
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