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Binance Futures users can now copy trade and use bots – Wunderbit Trading

We are happy to announce that we completed the integration with Binance Futures platform and it is now live.

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We are happy to announce that we completed the integration with Binance Futures platform and it is now live. You can now unleash the full potential of trading on one of the top derivative exchanges with full automation. 

Everyone in our community can now set up their TradingView bots to start algorithm trading and build new strategies. If you want to automate your trading strategies in the cryptocurrency market join our FREE platform – Wunderbit Trading.

Why trade on Binance Futures

Binance is one of the top cryptocurrency exchanges with daily volume above 1.5 billion USD and large liquidity pool.

Binance Futures lists futures for top 20+ cryptocurrencies. Like any other futures exchange, it allows you to buy (go long) and sell (go short) any futures contract with leverage of up to 125x. At the same time, all our users can benefit from cross leverage and cross collateral.

Why trade using Wunderbit Trading

With Wunderbit Trading, Binance users have additional benefits:

1. Automate Crypto trading bots based on TradingView alerts
2. Advanced trading terminal
3. Copy trade professional traders and bots

Wunderbit is a fintech that strives to facilitate the real-world use of cryptocurrencies through a number of products and solutions.

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Wunderbit Trading: https://trading.wunderbit.co/en

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Source: https://wunderbit.co/en/blog/binance-futures-users-can-now-copy-trade-and-use-bots-wunderbit-trading

Blockchain

Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything”

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When Square’s boss Jack Dorsey talks about hyperinflation, the world listens. And Twitter reacts. Since so-called developed economies are now feeling the pain that inflation brings, the concept is in everyone’s mind. Every human has a front-row seat to witness the consequences of the United State’s relentless money printing. And, since the Dollar is still the reserve currency of the world,  they’re all feeling it too.

Related Reading | Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend

This is Jack Dorsey’s tweet:

As you can see, he doesn’t merely talk about inflation. He goes for “hyperinflation,” which caused adverse reactions in the replies and the quoted tweets. They accused him of fear-mongering and quoted official numbers at him. And the nay-sayers probably have a point here, because the US is far removed from the reality that word implies. However, one thing’s for sure: money printer goes brrrrrrrr… and it hasn’t stopped working since Covid hit.

Negative And Moderate Reactions To Jack Dorsey‘s Tweet

This is an example of an unnecessarily insulting response from a traditional finance person. 

This man has obviously not done his homework regarding Bitcoin, so his argument is invalid. And doesn’t require a response. Plus, he’s being insulting to get attention, which he got. So, good for him and his dopamine levels. Let’s hope he has fun staying poor.

This is a Venezuelan economist with a moderate answer to Jack Dorsey.

Since Venezuelans have first-hand experience with hyperinflation, let’s take what he says into account. The US is just feeling what inflation does. So-called developing economies live with that concept on their backs every second of every day.

BTCUSD price chart for 10/23/2021 - TradingView

BTC price chart for 10/23/2021 on Bitstamp | Source: BTC/USD on TradingView.com

Informative Reactions To Jack Dorsey’s Tweet

The Human Rights Foundation’s Alex Gladstein, a notorious Bitcoin maximalist, had this to say to Jack Dorsey.

He’s not lying. Hyperinflation is “already one of the world’s biggest humanitarian crises.” However, the US is far away from “Turkey, Nigeria, Ethiopia, Iran, Lebanon, Venezuela, Cuba”, and Sudan’s situation. And, since the Dollar is still the reserve currency of the world, they have a comfortable cushion to resist the constant money printing’s effects.

Serial entrepreneur and former Coinbase CTO, Balaji Srinivasan, answered Jack Dorsey with a fully-fledged idea. A “censorship-resistant inflation index.

In the project, he brings forth some hard truths:

“If inflation is a government-caused problem, we can’t necessarily rely on government statistics like the CPI to diagnose it or remediate it. Indeed, in places with high inflation, censorship and denial is the rule rather than the exception.”

If you are technically capable, there’s still time to send your proposal and earn “A $100k Prize for a Decentralized Inflation Dashboard.” Be aware that “if you use Chainlink’s oracle tech in your project, the best dashboard will be eligible to receive a $100k grant in LINK tokens.” Those tokens are in addition to the main prize.

Poor Understanding Of The Terminology

In a Twitter Spaces room specifically dedicated to Jack Dorsey’s tweet, notorious podcaster Preston Pysh concluded.

“I think people’s understanding of the terminology, deflation, inflation, is just grossly misunderstood. And so, when you say we’re going to have these deflationary events that are then going to lead to more QE, which is then going to result in more inflationary events. I completely agree with you, but we’re talking that there’s so much information loss in such a simple word as deflation and inflation. So the deflationary event is that this whole system is constructed as credit.”

When he says QE, Preston refers to Quantitative Easing, which Investopedia defines as:

 “A form of unconventional monetary policy in which a central bank purchases longer-term securities from the open market in order to increase the money supply and encourage lending and investment. Buying these securities adds new money to the economy, and also serves to lower interest rates by bidding up fixed-income securities.”

Related Reading | Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin

That being said, Preston asks:

“How many people in the US, or in the world, have that context when that’s not their expertise, right? They didn’t get a major in macroeconomics, or finance, or whatever. So, it’s just all buzzwords that people throw around. And, in the meantime, no one really even understands what those definitions even represent.”

For more information about inflation, check out the Bitcoinist Book Club analysis of Saifedean Ammous’ “The Bitcoin Standard.”

Featured Image by Gerd Altmann from Pixabay - Charts by TradingView

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Source: https://www.newsbtc.com/news/bitcoin/hyperinflation-jack-dorsey/

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Blockchain

A Face Too Sexy For Social Media

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Fullmetal Magdalene

Being a 90s kid I don’t remember a time where female sexual empowerment wasn’t a hot topic. When Madonna kissed both Britney Spears and Christina Aguilera in their 2003 VMA performance people were shocked to see such behavior on TV. Fast forward to today where WAP has over 400 million views on YouTube with no age restriction on the video, photos and videos of scantily clad women flood all social media platforms, and popular streaming service Netflix hosts Cuties, a film featuring what some critics describe as ‘soft core porn’ involving girls at the young age of eleven.

As a female artist who explores my own relationship to feminine sexual energy in my works, I began posting my art to my social media accounts with no concern that any of them would be viewed as obscene or breaking community guidelines. None of the women in my pieces are engaged in sexual acts and they were created with the intent of exploring the female experience rather than as visual aids for sexual gratification. In fact, I have been met with criticism from viewers that my work is not sexually explicit enough for their liking.

My current NFT art series titled ‘Crypto Sluts’ plays with tongue-in-cheek sexual innuendo but is some of my most demure work. Each piece in the series features a portrait of a beautiful woman, face flushed and eyes rolled back in ecstasy, with a round item on her tongue sporting her favorite Cryptocurrency’s logo. ‘Crypto Slut’ is a self descriptive term I use for myself as I am not a maximalist for any crypto project but rather I prefer to experiment with them all. The collection itself is a representation of the passion I have witnessed the crypto community showing for their favorite projects, so Crypto Sluts felt like a perfect title. Innuendo aside, each piece shows absolutely no sexual activity nor adult theme. It’s drawn leaving interpretation completely up to the viewer, including what that round item on her tongue might be.

When the art reveal video for my Bitcoin Slut caught some traction on YouTube it was met with a near 50/50 like to dislike ratio and the comments were ‘WTF?’, ‘Why…’, and ‘I am utterly disgusted’. Unexpected but not terrible. Twitter flagged multiple posts of mine for using the word ‘Slut’ but I was able to resolve that. The most shocking was what happened on TikTok. TikTok is a platform where videos of girls under the age of 18 twerking in crop tops and booty shorts, strippers in the club dancing on stage, and women discussing working as Sugar Babies have hundreds of thousands of views. Artwork from my Crypto Sluts collection was flagged as ‘Adult Sexual Content’ so many times on TikTok that I was eventually restricted from posting. Each time my work was flagged I appealed and each time the team said that after review my posts were found to have in fact broken the platform rules of no adult sexual activity and were permanently removed. Compare this to Minds, a platform that requires users to flag NSFW content or face a channel strike. Not only am I not required to flag my Crypto Sluts as NSFW, but they are eligible for promotion across the site (Minds does not allow promotion of NSFW material and all promotions are reviewed by the platform).

I’ve experienced inconsistent censorship of my art before this, but this is the most perplexing circumstance. This and previous instances have created blurred lines of what is too sexy for social media and leaves me confused. Whereas I started publishing my work believing it would be met with general platform acceptance when compared to the content already being hosted, I now lack confidence in my ability to continue to share my art on social media with out fear of losing my entire account.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

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Source: https://medium.com/@fullmetalmagdalene/a-face-too-sexy-for-social-media-1fbb8d181872?source=rss——cryptocurrency-5

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Blockchain

Post-Bitcoin’s Mild Drop, El Salvador’s Bukele Reveals Excitement For A Larger Bitcoin Dip

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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

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Key Takeaways 

  • President Nayib Bukele is unfazed by Bitcoin’s price dip to $60k.
  • Bukele teases need for lower lows in a bid to tap into perfect entry point. 
  • El Salvador shows no sign of disposing its Bitcoin holdings in the long term.

The president of El Salvador is showing himself to be unshaken by Bitcoin’s price volatility. President Nayib Bukele is beginning to adopt the culture of calmness that many Bitcoin proponents have shown over the years when the market is hindered by a price drop.

In a recent tweet, the President is seen asking his followers whether to buy the dip or not. He then proceeds to tease the need for Bitcoin to drop even further, so as to allow him an opportunity to buy the asset at a much lower price.

“Should we buy the dip?

Or is it too small?

Come on guys, we need a better discount here!” said Bukele in a recent tweet.

The concept of buying low and holding till the price of Bitcoin goes higher is one that key players have preached and presented continuously as the least risky and most promising way to hold Bitcoin.

Because maximalists’ views are often tied around the belief that Bitcoin has more upside potential in every market —whether bearish or bullish— the act of holding regardless of how low the prices drop, is an indicator that the holders’ sentiments are bullish in the long term.

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BTCUSD Chart By TradingView

For President Nayib Bukele who has expressed similar views in the past, it is clear where he stands with Bitcoin at this time. Recall that back in September, El Salvador bought an additional 150 Bitcoins, following the selloff that caused Bitcoin to shed $5,000 and sent its price down to $45,000.

Although Bukele’s methods have attracted criticism from many onlookers, his pattern of buying the dip is a bet that could pay off greatly in the long term.

In the past, long-term holders have also seen the most success with Bitcoin. Reports from on-chain analytical platform Glassnode have recorded holders who have not sold their assets for more than 3-years.

Notably, last year, when the price of Bitcoin hit $20,000, these holders saw their asset value surge significantly. However, for institutions and traders, the culture of exiting to avoid a perceived bear trend is normal. But for El Salvador, the question of selling seems to be out of the picture for now.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

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Source: https://zycrypto.com/post-bitcoins-mild-drop-el-salvadors-bukele-reveals-excitement-for-a-larger-bitcoin-dip/

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