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It's difficult for me to use bitcoin as a payment instrument other than as an investment asset, because regulation in our country strictly prohibits the use of bitcoin to be used as a payment method. But sometimes I use it to shop online at foreign sites that accept bitcoin as a means of payment.
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John McAfee's predictions have long since deviated, and are already out of line. He was not reluctant and was embarrassed again to ruin his good name himself by throwing his Crazy Prediction. But, we can still take the good side of John McAfee's madness, because what he predicts's still better than the FUD.
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If i plan to invest in icc, i always read their whitepaper because it is a great opportunity to find answers to all your question about the project. Then i always analyze their team and roadmap.
You're right this method's the best way to find the deficiencies and advantages of the ICO in question. But we mustn't ignore the quality of the team and their reputation because these two things often get the main spotlight from a number of people including investors. |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.
Over time it kinda makes me feel depressed that I don't make as much as I possibly could or others have better scores (some unhealthy jealousy I guess?), so this "paper-chasing" has become a target itself.
When I want to take a break from all this stuff for let's say a month or week at least then I'm not able to because I'm afraid that I will miss out on something.
On the one hand, I have made investments in projects I believe in so I could leave it for few months even and then back but at the other hand, I'm still not quite sure about my diversification so I keep watching the market.
Can anyone relate?
I think anyone can be obsessed with it, because during its circulation, cryptocurrency often provides many benefits to all its users, let's say it has given birth to many new rich people. In the future, as time goes by maybe you will get used to it, you need to relax in doing it, no need to rush or feel worried about being left behind. |
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I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Every investor always hopes that his investment can generate a profit in the future. Even though they are as insecure as any, because of the price situation that continues to decline, they are patient in dealing with it. So, selling BTC where the market situation is plummeting is foolish, and of course you will experience a loss, then for what you buy BTC if finally it ends in this way. |
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
I will buy bitcoin. For me by buying bitcoin's the right way to grow the value of cryptocurrency, it means not only bitcoin will experience an increase. Because, bitcoin's the spearhead of success all cryptocurrency. |
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As long as the use of bitcoin and crypto is increasing. Different country and company are constantly bringing new crypto currency to the market. Statistics show that the amount of investment is increasing in the crypto sector. Some banks are already accepting Bitcoin payments. Bitcoin is being used in most countries of the world and there are no restrictions on the use of Bitcoin in those countries. Bitcoins are being accepted on various online sites. Since the discovery of Bitcoin, nearly 2000 more cryptos have come to the market.
Despite the so-called bright future in Bitcoin and Crypto, why do many say that all the cryptos will disappear from market?
Those who say "all the cryptos will disappear from the market" are a group of people who hate the presence of cryptic currency including government and banking. As far as it is, we all do not have to believe in a more negative word, let his words flow as it's the word itself will disappear by itself |
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Hi,
what ICOs are you waiting for? Is there anything worth investing?
don't risk your money with ICOs you are better of gambling your money and have a bigger chance of making profit than making anything from ICOs these days, they are all turning into scams and failed projects one after another. I agree with your opinion, more and more ICO projects are falling one by one, because (maybe) the funds they provide are inadequate, so that for operational costs alone they are not fulfilled, eventually not a few projects change the direction of becoming (SCAM), a frightening project for most investors. But, there is an honest project, which I still follow until now, namely ShiftCash. |
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Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
Yes, I believe what you say OP. Bitcoin will be stable in a short time if many people make purchases with a very large amount. But the facts are very contradictory many people make purchases but not a few who try to sell them. |
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This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
Better he changed his savings to form of cryptocurrency and invested it in the short term only for example 30 days, maybe by slowly he would get profit from the occurrence of price differences. |
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Bitcoin is currently trading at 6k but there has been a consistent prediction that before the year ends it will be up to 25,000. I want to know how many of you share in that optimism because at present, it's all bearish and nothing more.
As the number of BTC users increased this year, 25.000 - 27.000 was a price that could be reached by bitcoin this year, I understand that some people might not believe this prediction, but I'm very sure, that price can be realized at the end of the year this. |
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Ethereum price is now below 600$. Do you think it is the best time to buy Ethereum now ?
Ethereum's the king of all the altcoins on the market, he has been rumored will be killed by A coins, B coins, C coins and so on, but in reality until today Ethereum has remained firmly standing as the king of altcoins. Ethereum always has good prospects, so whenever you buy it and hold it for a long time, then it's no wonder that you will become a rich person in the future provided you buy a large amount |
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The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.
This's one of the effects, if they don't think carefully in conducting cryptocurrency trading, are vulnerable to panic, don't understand how cryptocurrencies work, lazy to ask, even when they sell they never think, that the impact will cause people others suffer losses. |
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Bitcoin has it's lowest price of all time, this is the right time to buy bitcoin because bitcoin market is down and in the end of 2018 bitcoin will touch 20k$ above again....!!
You could say, this's good advice. Because buying bitcoin's one of the more effective ways to increase the price it moreover if the volume's very large surely the price will increase dramatically and $ 20.000 can be achieved easily. |
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Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.
Rather, Bitcoin appears to have value for the following reasons: It is popular.
In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
The value of bitcoin is determined by the strength of its users, whether buyers or sellers, the same as trading goods in the real market, such as gold and silver trading. In terms of investment, bitcoin's better than gold and silver because the value of bitcoin's more volatile. |
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I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now.
But I don't understand the reason behind this type of thought?
We all certainly know there are a lot of people out there who hate bitcoin not only the government and banks, in fact a number of politicians also participate in aggravating the atmosphere with their skeptical tone. However if we pay close attention, in fact they don't understand the benefits and the positive meaning of cryptocurrency, let alone bitcoin. Ponzi schemes are fraudulent acts carried out by unscrupulous third parties. By their cruelty, they have damaged the image and popularity of bitcoin so bitcoin in Cap as its only medium or tool for fraud with Ponzi scheme style. It feels what they accuse is unethical. |
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? Certainly it will have a positive impact on bitcoin families by legalizing the use of bitcoin then the bitcoin adoption rate will increase significantly thus bitcoin prices will increase sharply. |
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The decline in the value of ETH may have occurred sales with large volumes, to buy bitcoin whose prices are experiencing growth, so the amount of ETH supply has increased and resulted in the decline in ETH prices. Is it because Ethereum's limited capacity?
I think the limited capacity of Ethereum's very good so the price of Ethereum can fluctuate and can trigger the movement of its value. |
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What do you think which will be the best alternative of bitcoin in 2018? Ethereum, Litecoin, Ripple, Verge or Zcash?
Ethereum and Litecoin have more opportunities to occupy that position. Ethereum and Litecoin both of which are the most ambitious coins during its development as their prices are cheaper than bitcoins so it's no wonder the users of these two coins will continue to flourish above the altcoin realm. |
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I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
The government will blockchain tech anywhere except banking......they don't deny tech .... the thing is they can' t believe a tech like this for their monetary system You're right it's not difficult for them to do this kind of thing. Like blockchain technology because blockchain technology can be implemented into their own banking system. Not that they do not believe, but they are not able to exploit and explore the benefits of bitcoin. |
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