This will spell the end of binance's dominance and also the value of the BNB token. When atomic swap becomes the norm, people will away from exchanges and their ridiculous fees. This could be more of a danger for CEX's than DEX's
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India is known for being unstable, they say one thing and then it changes and something else happens. That is why they will never be able to compete with China. East Asia will embrace the blockchain, while India is going to lag behind as they always do
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Fiat isn't dead yet, online payments via credit card is still pushing strong and soon rfid payments will take over cards. It is the shape of the economy that will dictate how well bitcoin does as you can see in other countries like venezuela
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These exchanges are just asking for trouble if they keep that much in hot wallets. They should change their way of working so that funds that are trading are based on numbers only, then they can move it from cold storage at a set time to avoid these major thefts.
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If you convert and crypto coins to fiat then you should pay taxes on it which ever country you are in. However, as the unknown coins - most of which are worthless shitcoins - are in unspendable currencies it is not worth declaring as they are untaxable.
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Kucoin is a great exchange so it's a good step up. Other exchanges like kraken and binance already allow you to buy coins with fiat so others need to offer the same in order to keep up with the competition.
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Draper is also shilling the fact that bitcoin could match gold with a multi trillion dollar market cap. If governments switch over it could easily happen. When governments invest, the public will follow and the pump will be huge
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Could be worse, at least he isn't shilling bitcoin SV, gold, diamond, and the rest of the shitcoin forks that have no place in crypto. Always stick to the original bitcoin, accept no imitation!
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Next week we will see the outcome for 2 applications for the ETF. If there was more regulation then it is more likely to get the green light. There is wisdom in their theories
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According to the charts be is correct about bitcoin hitting $250,000 in 3 years time. There is the halving that will take place, and also further adoption with investors and retailers
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A break out should have happened to ethereum a long time ago but we are still waiting. Perhaps this period of stability is good for the ETF applications concluding next week
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CMC is not purposefully faking their numbers. It is the exchanges that do not prevent the bots from faking their volume. Only coinbase and Gemini can give more accurate figures
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Tim Draper is doing great things for bitcoin by talking to world leaders and encouraging them to save their economies by adding bitcoin as a supporting currency. Majuro should have done that before
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Normally people don't store proof of how many bitcoins they hold on an exchange but this is a wakeup call. Places like coinbase should offer weekly statements as proof of funds to individual accounts
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People like shitcoins because they are cheap and well marketed. It's easy to fall for a fancy website with flashing lights. People need to see through them and research properly before investing.
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Surprisingly there isn't a coin dedicated to extremist values like a nazicoin so I guess they are using bitcoin and a mixer or something like Monero instead. Most use fiat anyways
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Skrill doesn't give you a btc wallet or any real bitcoins. They give you virtual bitcoins which follows the same pricing, and you can easily go back to fiat after
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Mining machines will pay for themselves so it doesn't matter about the price. The important factor is that it is plugged into a cheap power source or you will mine at a loss
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There are too many scams in crypto. Coinbase is a trusted exchange and easy to use. Passing regulation means they less likely to lose investor funds, same as Gemini.
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The positive trade numbers are due to the increasing value of the shanghai stock exchange. Chinese yuan is flowing back into bitcoin so a pump is coming
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