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    Wednesday, May 1, 2019

    [Daily Discussion] Wednesday, May 01, 2019 Bitcoin Markets

    [Daily Discussion] Wednesday, May 01, 2019 Bitcoin Markets


    [Daily Discussion] Wednesday, May 01, 2019

    Posted: 30 Apr 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
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    [Altcoin Discussion] Wednesday, May 01, 2019

    Posted: 30 Apr 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

    submitted by /u/AutoModerator
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    EMX Testnet Trading Challenge - $6000 in BTC giveaway

    Posted: 01 May 2019 10:45 AM PDT

    EMX is hosting a free-to-join trading competition on their testnet exchange. No deposit required! Details are here: https://promotions.emx.com/testnet-trading-challenge

    Top traders will split a prize pool of $6000.

    The only requirements are that you have an EMX login and you refer at least one other trader (no duplicate accounts allowed). You can trade BTC, ETH, LTC and BCH contracts. Join here: https://testnet.emx.com/compete/emx/

    submitted by /u/deltalfred
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    Why the large divergence between the USDT premium and Bitfinex premium?

    Posted: 30 Apr 2019 12:55 PM PDT

    Prior to the Bitfinex news breaking last week, Bitfinex was trading roughly at at .5%-1% premium, while USDT was trading at a discount of roughly .3-.8%. Let's say, there was a 1% difference between the two.

    When the news first broke, both USDT and Bitfinex premiums shot up by roughly 3%. Since then, though, USDT has been slowly recovering to be now trading at roughly a 1% premium, while Bitfinex's premium has gone up further and has been sitting around 6% or more.

    Any explanations why such a large divergence between the two?

    submitted by /u/ExchangeTrader
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