🎥 Cryptocurrency Market Overview | 19.10.2019
Hello dear Steemians and Dtubers!
In this video, I mentioned that the crypto exchange Binance has increased the maximum leverage for the trading of futures to 125x. And, of course, I shared my point of view on this product.
In addition, I mentioned the news that Fidelity Investments Has Fully Rolled Out Crypto Custody Service and explained what I think the effect for the price of Bitcoin will be.
Enjoy watching the video and, please, comment!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last over 13 years, and as a cryptocurrency analyst for the last 2,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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Thanks for a great video @cryptospa, and yeah that 125x leverage is just crazy, in my view most kinds of trading where you do not actually own the underlying asset is gambling.
And about that ETF from Fidelity, as long as they can use Fiat to buy crypto then this kind of centralization can't be stopped.
Most crypto's are also just partly decentralized when it comes to mining, the only crypto project I know of where all users mine all the coins they are using is Holo.host, but I have not checked up on them in over a year, so I don't know if they even got launched, but their idea is some type of mutual credit system backed by the selling of computer power, you can check them if you want.
Keep up your great work and stay awesome.
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@flaxz, thank you for the awesome comment! I will check the project of Holo.
👍😀♨
So I just checked up on them and they actually launched, and they are on place 36 on coingecko, and they don't have a blockchain but a holochain.
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Thank you!
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Thanks for share update information
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You're welcome!
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Now you can use 8 tags on steemit ;)
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Thank you! I will keep in mind this.
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