Since ada is so hot right now i am wondering should i wait before i get in on it?
Yes, you can wait for the correction in the whole market so you can take entry again in the market.
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Oh man, that would be something, just the thought is giving me jitters. However, even $1 would be awesome. Now that i think about it, it could pump to $5 (lets hope it does)
5$ for now as we see by having such huge pump in market but it reaches 90 cents just so it can be 2x soon.
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I want to share this simple presentation of how Bitcoin Dominance affect the altcoins or the Bitcoin itself.
For the last few years, I can observe that this is kinda accurate, especially after the bull run of 2017 - 2018. Like the if Bitcoin price is increasing while the Bitcoin dominance is falling, we saw a huge run on some altcoins.
In simple words, it is a battle of one against thousands. So obviously in near future, dominance of bitcoin will get decreased significantly as success of one or tow altcoins' success will lead to the decreases of dominance of bitcoin in total crypto markets' valuation. I'm not ready to believe into such observations like how bitcoin dominance will affect altcoins' fluctuations. Because, from a common new investor's perspective, they will get instructed to diversify their investments when they start with crypto investing. So, obviously such beginner-cum-investors will invest into bitcoins along with some other altcoins as well. So, we can expect a bull run in crypto space will lead to increase of either bitcoin or altcoin dominance but based on where more people invest. I'm sorry I'm not seeing any significant role of bitcoin dominance in crypto space because most new investors are not checking such things. Also, I'm pretty much sure about bitcoin will get into less than 30% dominance in future still bitcoin prices will test 1 million to 10 million USD as well. i hope bitcoin dominance will to 30%, if it happens, then we can see huge pump in the whole crypto world. We can see it soon.
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The year 2020 made us realize that we should be prepared for anything. So many jobs have been lost, businesses and establishments were closing. Schools have closed entirely as well.
So we are now into this new age that most of the things we are doing are online. Food, grocery, shopping, and most importantly, education. Schools have created modules for what they call distant learning. I know this is not that new, but I am just curious to know if this pandemic will change everything we know about.
I am not new to crypto or blockchain but I don't have any extensive knowledge regarding the technicalities. Do you guys think that there is a use case for blockchain on online education?
Every new day, a new project comes out with a new plan and some innovative so we can also see the role of blockchain in this field in upcoming days.
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If UBER should enshrine bitcoin into they payment system that will be great considering the fact that with the bitcoin lightening network payment will be very fast and easy to both the Uber drivers and the rider's and will promote bitcoin in a limelight which will further increase it demand and price.
If Uber takes Bitcoin into consideration as a payment option, so they will also have to consider other cryptocurrency because their a lot of project that are more fast and innovative than bitcoin and also charge less gas fee.
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Just recently SQUAWK newsmaker interview with the CEO of UBER. At first, the CEO said, they are likely don't want to buy some Bitcoin using their company's money and told, "We're going to keep our cash safe. - Tweet" But after that, the CEO said: "Just like we accept all kinds of local currency we are going to look at cryptocurrency and or #bitcoin in terms of currency to transact. That's good for business, that's good for our riders and our eaters" - Tweet. So, what are your thoughts guys? For me, it's likely they don't want to do what Tesla did, adding Bitcoin to their balance sheet, but considering accepting Bitcoin as payments for their services. Seems still bullish for me. If uber start using bitcoin as a payment option so bitcoin will start taking attention more because every person in every corner of world use uber. If it happens, it will massive move toward innovation.
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Like many bitcoiners im one of the people who didnt bought bitcoin at 6000$ or even 15k or 20k$ and i wonder if its possible to see bitcoin in at least 20k again If no should i buy now or wait more to get lower price ?
Off course, we can have a chance for buying after market take little little bit direction, some good news are also keep coming like uber today.
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...So we shall assume the price the BTC will have in May will be the maximum for this cycle? Should we sell in May?
Now the market is very different from what it was in 2017. A large capital came to the market, which finally believed in bitcoin. It is the presence of institutional investors that will eventually make the cryptocurrency market look like a securities market. And as a result, we will not see such deep corrections as it was previously. Exactly but we have also to keep an eye on news such as crypto ban draft bill news because such news can dump market at any moment.
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market cannot move up always so we can see any correction at any time and market can be bleed any moment but if hype keeps and good news keep coming so bull run can stay for several weeks also.
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Because not every cryptocurrency user is geek crypto.
Most of the cryptocurrency users 80% more prefer to store their crypto on some exchange and mobile wallets and some mobile wallets doesn't have any kind of feature feedback. They don't understand while holding some fund on the exchange can be potentially lose because the hack attempt because the hacker will be always attacking exchange not your personal wallet.
The price for hardware wallet was also one of the reason too.
holding crypto on personal wallet is more secure because on exchanges we could have any control and they can be hacked or scammed like cryptopia
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