2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    This has probably been asked elsewhere, but what is the recommended ethereum trading platform currently?
     
  2. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Hi Julie,
    If it is just to buy Etherium, I use Coinspot, as it is in Aud and no fuss.
    If you want it for trading pairs or smart contracts on a decentralised platform, Maker - Compound - Aave - Uniswap.

    Much depends on what you want to do.
    Below is a run down on the various decentralised platforms.

    https://www.blocksocial.com/ethereum-defi-platforms/
     
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  3. TreasureHunter

    TreasureHunter Well-Known Member

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    Taliban gaining ground in Afghanistan. The US and Nato are leaving a "gaping hole" between China and Iran. Perhaps it's intentional?
    Some suggest that this could affect the trade routes between China and Central Asia (transportation routes were planned to be constructed through Uzbekistan-Turkmenistan-Iran and another one through Pakistan all the way down to Karachi).

    With the current trends it is worrying that the region will destabilize. I think the biggest losers of this are China, Russia, Pakistan, Iran as well as all nearby countries.

     
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  4. TreasureHunter

    TreasureHunter Well-Known Member

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  5. TreasureHunter

    TreasureHunter Well-Known Member

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  6. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Love Chip Diamond. Some of his stuff is average but some of it is the funniest stuff I've seen on YouTube. Especially mumbles.
     
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  7. alor

    alor Well-Known Member Silver Stacker

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    Opium war is lost, no more growing there, more drones war ahead...
     
  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Mumbles is my favourite.
     
  9. Ag bullet

    Ag bullet Well-Known Member

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    Hmmm, so you need a third party to be able to trade your own asset.
     
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    You don’t. You can buy directly from someone who has ETH to sell, you have to find someone though, that’s why we have a crypto trading thread on this forum.

    It’s just often easier to use an exchange if trading fiat for crypto or vice versa.
     
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  11. alor

    alor Well-Known Member Silver Stacker

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    you just need gold, take is to bullion dealer that pays you ETH
     
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  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    risky to buy risky assets at this moment. market looks "peakish".

    gold can't run "away".
     
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  13. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Yep, have to agree with you there sgbuyer,

    Stock market risky because of record prices, real estate risky because of record-high prices,
    cryptos risky because prices still multitudes higher than they were not that long ago.

    Precious metals still have some short-term risk too due to the paper derivatives market but have far less risk than the other so-called " investments".
     
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  14. alor

    alor Well-Known Member Silver Stacker

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    In Many Cities In America, The Criminals Are Starting To Gain Firm Control Of The Streets https://www.zerohedge.com/political...minals-are-starting-gain-firm-control-streets

    Next door, the shoplifting epidemic in San Francisco has evolved into systematic looting.
    Criminals in California have learned that if they keep the value of the merchandise they steal at each store to under $950, they won’t be charged with a felony even if they are caught.

    There are certain areas of Chicago that are essentially “no go zones” at this point, but of course the same thing could be said about the worst parts of many other major U.S. cities.

    need people there to confirm such
    shipping from US becomes risky
     
  15. Ag bullet

    Ag bullet Well-Known Member

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    I have funds I want to invest but I share your sentiments. Not sure what to do honestly.

    With the 'buy low, sell high' mantra in mind it just feels illogical to go near real estate at the moment. Record high prices combined with record low interest rates simply reeks of slaughter to me. To make money your betting that prices go even higher?? If that happens then the people who haven't bought their first house by now, never will.
    Then again I may be totally wrong. Fked if I know. ??
     
  16. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    If you have funds to invest and don't know what to do then the best thing to do is "nothing" and to sit on the funds until things become clearer.

    I don't think that the above-mentioned (non-metal) asset classes will appreciate so much in value in the near future that you would regret your decision.

    I think the Wells Fargo (and some others now ) decision of shutting down the lines of credit for its customers might be the "canary in the coal mine" warning us that
    we might be entering a new global financial crisis soon.

    It might be prudent to sit on some funds to cover at least 6 to 12 months of living expenses just in case things go bad real fast.
     
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  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    ^^^^^
    When you say sit on your funds, are you referring to cash or money in bank?
    Whenever I have more than two months of expenses in the banks, I revert to a few months cash and then buy metal.
     
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  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I think depending on the circumstances, you would be cutting your clothe to suit the width.
     
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  19. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Or cutting your wood to suit your coffin.
     
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  20. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    My siblings and I pulled €200,000 out of Cyprus a month before the bail-in. I’ll always back myself against the establishment.
     
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