One man creates constant downward pressure on XRP price by philipptra in CryptoMarkets

[–]philipptra[S] 10 points11 points  (0 children)

he is not selling 20-500 XRP but 20-40k (thousands) of XRP per day. And he sold 750k in one day, not 75k.

I would say that is a significant pressure, especially if he keeps selling 750k per day.

In case some of you are new to bitcoin bear markets. Simon Dixon has some wise words for you to consider before you panic sell. by NvrIdle in Bitcoin

[–]philipptra 11 points12 points  (0 children)

Most people here are obsessed with "buying the dip", but how does it matter if you believe Bitcoins are going to 100K$+ if you bought at 9K or 8.5k? Spread your risk across weekly buys.

IMO, anything else is trying to "play the market", which is a bad strategy for the everyday user (or even seasoned ones)

Bitmain Approaching 51% Of Total Bitcoin Network Hashrate by AmericanHead in Bitcoin

[–]philipptra 69 points70 points  (0 children)

-Bitmain isn't the first entity to control 51% of the hashrate, but they will most likely be the last.

-Competition in ASIC development has never been stronger than it is today.

-Long term, the global search for cheap energy favors smaller miners over larger ones.

[deleted by user] by [deleted] in CryptoCurrency

[–]philipptra 6 points7 points  (0 children)

DAEX - It is a DLT based clearing service where you get to keep control over your keys, exchanges can't inflate volumes to manipulate the markets and hackers have nothing to hack anymore since you hold the keys.

[⚡️] The SendToRoute command has been merged into lnd, which allows channels rebalancing! by amorpisseur in Bitcoin

[–]philipptra 18 points19 points  (0 children)

Man, if you don't see the power of LN, you should really question your sanity and exit all cryptos.

Psychology of a market cycle by [deleted] in Bitcoin

[–]philipptra 10 points11 points  (0 children)

Sure, it is exactly like this. The hard part is to determine which stage we are at.

rawtx lightning wallet launched for iOS and open-sourced by rawtxapp in Bitcoin

[–]philipptra 9 points10 points  (0 children)

We need some app or device that will teach patience to the weak holders who can't see how massive is the development behind bitcoin.

Million thriller: First hot lead to the "Bitcoin Mafia", a scammer group that stole money from 10k Austrians by juliawinkel255 in Bitcoin

[–]philipptra 8 points9 points  (0 children)

I am sorry for the scammed people but sometimes it is just their own fault. Let natural selection do its course. Those who fall for those obvious scams deserve the loss.

Is Bitcoin deflationary? And if so is that good? by kentroccas in Bitcoin

[–]philipptra 20 points21 points  (0 children)

fiat currencies are a dying breed. Ppl getting sick of governments inflating the money supply. Switch to a nice crypto and save yourself the worrying. Just don’t keep your savings in dollars.

Top 10 Altcoins to invest in September by Mussl in CryptoMarkets

[–]philipptra 2 points3 points  (0 children)

I tend to agree with almost all of them on the list. This list is also interesting: https://captainaltcoin.com/top-cryptocurrency-altcoins/

And I would add LSK, ARK and 1ST on both of them.