The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.
To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.
To Bitmain and "the plan", I salute you.
To Wall Street who always knows my future, I salute you.
To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.
To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.
To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.
To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!
I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.
One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...
I don't think so. because lately bitcoin has shown price increases even though little by little, but bitcoin will rise again. don't give up too quickly, we will see its development day by day |
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What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
when bitcoin prices continue to fall in a period that is a little longer than usual and the price increases little by little. yes bitcoin will return to its original state but this requires a little longer time |
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In an economic sense,
An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.
yes some people do not insist that bitcoin is not an investment, but some others support bitcoin is investment. I myself insist that bitcoin is an investment because we can store it for a long time and can use it whenever we need |
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The South Korea taking their move on regulating Bitcoin. The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official: "Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/really? what a good news. As we know, South Korea is a country that is developing its economy today. I hope this will be a good thing when South Korea has used bitcoin. I hope they give good influence |
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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? maybe in the foreseeable future it may become legal in southeast asia. maybe it will take a while. The impact can be negative or positive. |
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Why are many disturbed about the drop in the price of bitcoin  . Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  of course, we still have confidence in bitcoin even though the current situation is not good. but sure it will bounces back stronger than before like what u've said. Never give up on bitcoin. |
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A blood bath we are a taken...or are we?
I would like to add my 2 satoshi's to the madhouse of speculations, sky is falling, doom and gloom we are seeing, feeling and sick over.
First, if you had no plans of cashing out today, you have nothing to worry about. If you took your rent money to buy btc, you might want to look for a second job and/or a tent. But have no fears, bitcoin will be back.
Second, if you're in this for a fast buck with no hard work, good luck on that one.
Third, always and I mean always talk in satoshi value.
Fourth, there was a generation that only dreamed of making 7% off their retirement stash after paying 40 years into that fund. Today, this generation expects it within weeks...sad
Fifth, bitcoin will find a way, it always does. The blockchain is a living , breathing idea that no person, government or space alien can stop. When the blockchain space gets filled up with scammers and selfish people, the blockchain shakes those people out. This is what's happening now.
In closing, remember what your why was when you entered this space. Maybe this is a perfect time to x out the market and dig into the core "why" bitcoin came to be.
Bitcoin will find a way.
Yes, that is true. no matter what happens to bitcoin, bitcoin will find its way and will return to its original state. do not easily despair at the current situation. stick to bitcoin. |
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I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance. The central bankers have set up shop in almost all civilized countries and have a money printing racket going on. In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population. Don't worry though most Americans are completely unaware of any of this. The central bankers control the military as well as they own the government.
The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya. I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya. Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein. Once again he met a similar fate. He was hung.
The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.
Why would they allow Bitcoin to continue like this and grow momentum? All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop. But they don't do it.
Is Bitcoin a trap? Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction? Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon? The only thing I do know is they are not handing over a decentralized economy to us because they love us. What's the play? Are we being set up? Are we the useful idiots getting all our friends and countrymen involved in crypto?
because there is still hope in bitcoin and we still really need bitcoin. because bitcoin is slowly but surely will rise again. |
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For something that can become a popular means of payment, you need the following:
Store of value: allowing individuals to make intemporal choices on when to spend their purchasing power
Medium of exchange: facilitating the exchange of goods and services by eliminating the inefficiencies associated with a barter economy
Unit of account: acting as a measure of value in the economic system.
Do you think the bitcoin has all three of these elements? I am looking forward to the bitcoin will become a popular payment method in the future.
First of all, we need to create more awareness about bitcoin to the peoples around us. If they don't know about bitcoin, how they can use it ? And we need to accept bitcoin as a payment when peoples want to buy something from us, there will be more peoples come into bitcoin. |
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 The new updates on Google again hit the crypto headlines due to its ban on cryptocurrency mining apps on Play Store. Play Store, the pre-installed Android based app will no longer feature crypto mining apps for the crypto enthusiasts. The developer policies of Google Play Store have completely prohibited the cryptocurrency mining apps which supposedly feature disruptive ads. Amidst this stringent measure, the company has still considered giving permission to those apps which focus on remotely handling crypto mining. Android's digital distribution services has previously released update that led to the banning of all apps pertaining to fake ID. Maybe because there are many mining apps with fake promise to be able to pay the miners. I have found many fake miner apps, if you mine the coin and want to withdraw the coin, you won't be able to do it or it is pending. If google banned mining apps from now, i wonder how electroneum will create their mobile mining apps. |
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
There should no one to be able to control the cryptocurrency price in the market, but the reality is different. If you have big amount of fiat and crypto in your hand, you may be able to control it's price if you buy or sell it in big scale amount. |
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If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
Indeed, when we done some mistakes, it will be our experience and can teach us about the mistake we did. In cryptocurrency, new comer who wants to investing in crypto should start by small amount of money first to gain at least some knowledge and experience. |
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Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.
I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.
Thanks for your audience.
Every mistakes that we have done, there must be something we can learn from it. My advise is, when you first time transfer new coin you have, you can transfer it for small amount first. If it succeed, then you can transfer all of your balance to that address. |
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Price manipulation is done by using many ways.Publishing speculative news in favour of boosting bullish trend is a way.Here on the below link,we could see that news sites continuously release news that bitcoin price is to boom.If we see such moves,we should be cautious about investing otherwise we may get fooled and we might have to regret for our wrong investment.Don't let news media to decide your fortune. https://www.reddit.com/r/Bitcoin/comments/9dimq2/headlines_two_days_ago_this_is_how_market/Too many manipulators / speculators causing cryptocurrency market became unstable. If they vanished from this world, then cryptocurrency volatility would be reduced to near 0. But we cannot do anything about it, As long you have much money, you can manipulate the market with the coins in your possession. |
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I'm not sure if satoshi makes bitcoin as an alternative payment system, or with the intention to create the best and most used payment system, but this second option is impossible by the bitcoin nature and i will explain why. If bitcoin want to become the #1 transactions and payment system it would have to be really more powerfull. If we compare the daily transactions banks vs daily transactions bitcoins, then you will understand why i call satoshi visionless: TPS: Transactions Per Second. While bitcoin have blocks each 10 minutes with 2500 transactions aprox, that give us an averange of 4 TPS. We are far away to compete with banks, bitcoin by it self is not able to handle all the transactions the world have, so, maybe is good time to think about the next steps, and get some big goal like substitute banks with btc. But no one say it would be easy  I think he just want to create a new way of payment system in the world, at least peoples won't need to use fiat currency anymore. Satoshi opened the way from creating cryptocurrency, and developers nowadays perfect it with creating the other altcoins which have faster TPS, cheaper fee than bitcoin. |
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Will the past repeat itself again like it did last year with ripple where it gained over 1000% and then suddenly dropped down to just few cents, will you invest in ripple or not ?
The Ripple price has increased much lately indeed, but if we want to buy it to invest, we still need to do our research about ripple. Because if the price of coin suddenly rising, there must be something or big news in the coin. I will invest in ripple after i found out that. |
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People go here and there spooling,spreading and propagating FUD to get on peoples emotions and to put them on PANIC MODE just so they sell their BTC, and you know what, PANIC SELLERS in these industry are LAZY, they can't and won't research and understand after lots of rise and fall in these year that the KING of all digital currencies is just going through a phase.
I personally Love PANIC SELLERS, and I hope there can be a section on these platform where they register so that people like me can contact them to buy CHEAP from they..
GRACIAS PANIC SELLERS, MUCH LOVE TO ALL OF YOU OUT THERE BLESSING FUTURE MILLIONAIRES WITH YOUR COIN
Hey, don't forget the panic buyers too. Manipulators often playing with panic peoples which can be affected by moving the price in the market. Panci sellers and buyers will always exist in this world, otherwise manipulators would not exist in the first place. |
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The fact is that we all love Bitcoin, the cryptospace and the "good" altcoins but this year has been very rough and tough for all of us with some of us even thinking of leaving with the small we have now. Now something has got me thinking very deeply. This year has been going in almost the opposite way as we thought. Whenever we thought there was going to be a rise, then boom!! we go down the hill into the valley. So i just pondered over these and found out that we need to give the market a new eye. We need to start thinking in the way of the whales. To better get what I mean; go through the list below and look at what the market went through during those times. - Chinese new year - Coinbase announcement of some coins on coinbase - Consensus 2018 - End of financial year - Tax return time - World soccer cup (well, i didn't expect a bullish era though! but others did  ) - Coinbase announce of add some crypto again - Bitcoin ETF(Whiis killing us currently). and many more... Well, what next ......what will make the market red again...  So I'm confused- are we being played on our minds or manipulated to be off track or it's just bound to happen that way. Because to me this coud be a big time manipulation other than using pump and dump groups. All that will be needed is for the whole crypto market to think in one way and you'll be good to go. We hope to see some green light very soon. There will always any reason for the falling of cryptocurrency price in the market if you heard the rumors. But what we must do is trying to find out what is exactly the reason for this bear market. Anyway, i think the bear market will be end soon, we see the market recovering now. |
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If i will be given a chance to do a project with cryptocurrency then i will be making an all in one digital wallet for all crypto that includes bitcoin and all altcoins using same wallet address. I have seen too many digital wallet from known digital wallet for ERC20 tokens and for bitcoin digital wallet but i never saw a digital wallet that will cater all the digital currency either bitcoin or altcoins. If i have only the capacity to do it like having a good team developer and a financer then i guess i could make a revolutionary digital wallet.
I think it is already exist, one wallet with all cryptocurrency. Even with all the erc20 tokens, you can add a news token later. You can find many wallet already have features like that. But i think it is more safer if you own your own wallet than the online wallet. |
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Ethereum (ETH) has toppled to its lowest price in a year and four months as Cryptos continued to struggle on Wednesday, September 12. However, it regained more than 12% of its value on September, 13. The globe’s second most valuable Crypto dropped 8% to $169 on September 12, 2018, which is its lowest level since May last year and is now down 30% for the week. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-price-increases-by-12/ Well, i think this is a normal thing in crypto. Unless it is a trash coin, it will goes back to normal price later. ETH has falling to the bottom, and it will be normal for it to be corrected back at some point, not going to 0 price. |
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