This guys both have controversial characters in blockchain community each one for its own reasons, but what could come out from their lunch?
What could Sun need so bad from the guy that he payd 4.5m?
We don't need Buffet because of what's he's been saying to the community and cryptocurrency in general, and Sun is acting so strange why he wants to have dinner with an idiot like Buffet, well idiots of the same feather flocks together nothing will come out here. Yeah I agree that we don't need Buffet in crypto, but in other things like marketing strategy and attracting investors, how to see and make a good project, Buffet could be a valuable source of information, the combination may be awkward because from the beginning Buffet never believe in crypto, but who knows something good could come out of it, Justin is a good marketing person, with this he can create more publicity for its coin
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We really need crypto to save our economic condition, as we know the inflation rate is really bad at the moment, it keep on making the value of fiat decreasing, but with crypto we can avoid those situations and no government can interfere with our wealth, we just need more adoption, when we got more adoption, btc could be the perfect currency to used
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Let's continue discussing while bitcoin has not reach $10,000 yet. It's possible and there is a big possibility, but correction occurs and therefore have to be accepted.
Today, we have witness a slight recovery, we should see bitcoin back to $8000 soon, and we needed that to start a run again going to $9000 which we just passed recently.
I think btc will need more time to settle down, the most important thing now is the stability, it will be useless if the rising is high and fast but got big dip of correction, bitcoin need to have a good resistance before jumping to another level, don't too focus on the price but pay attention to its potential, 10k wont be too difficult if we already got huge of transaction volume
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This is a big concern and had been used by the government to try to stop crypto movement, but to be honest alt coin is not that efficient to be used especially it will need to convert to fiat when they want to used it to buy something while btc is not totally anonymous, so I think its just a conspiracy news to misled people, the one that the terrorist prefer is fiat and kyc procedure is something that I hate, if its being misused nobody could stop it, but if you said the terrorist gathering data I think that theory is very likely to happen
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You will actually be better if you started with Forex. It is like an easy to understand game when you come to crypto trading.
Before I used JPY and EUR against USD mostly for they are the easiest out there. Here in crypto it is like the same when you use BTC against USDT. But pairing it with an altcoin like ETH will be difficult since you are used to forex.
Altcoins move way differently and so is bitcoin. The jumps could sometimes be high and it will stay at that position or vice versa. Whenever that happens, you will be lucky if your funds are still intact.
I think forex is not that easy to make profit, the easiest one is the stock market, in stock market there are moments that the chances of going up is really high, forex is a high speed transaction almost the same with crypto, the difference is the forex price won't fall to deep, and it constantly moving up and down, and all trading consist the same risk
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I think we need to be more patience, its already great to see bitcoin moving up from 6k, a little correction during the process is a very normal behavior, so dont keep on expecting bitcoin price will keep on going up, the most important now is we see the potential not the price
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When it comes to technical analysis, stocks and money market traders are experts on this chart analysis. I don't really believe all the predictions and chart or technical analysis of many so-called trading experts. I have been in bitcoin many years already and all I can say is that bitcoin has its own movement and most of the time experts opinion and technical analysis does not happen.
Technical analysis does work, indicator and chart could be the tools to do analysis however chart and indicators are not the only things to determine the price, for stock the price does put a heavy focus on the technical analysis, but for crypto indicators is not that affecting, the one that affected the price is the supply and demand, so even if the indicator show downtrend but the investors want the other way, the price will still go up
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The glorious day of bitcoin hasn't arrived yet, this is just the beginning, usually when bitcoin rally the alt will follow, but 50% day profit is too big, usually that will cause big correction, and since bitcoin rising is not that stable yet, we won't see 50% profit in day from alt coin soon, we need a bigger bull run to do that
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Volatility and adoption still become the problem that need to be solved, it's true for now many people used bitcoin as store of value, and many used it for trading, but the adoption is slowly become larger and one day people will used it mainly for currency, but it still need time to really to make a mass adoption, it need process, development and permit to reach that point
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Well judging from the market, the possibility for rising that high still widely open but maybe not that fast, it will take a while because the price impossible to keep on going up without being corrected, but its a good move to just set the price and wait for it, just need to be patience
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What will happen to bitcoin in india. whether it is legal or not.
I think sooner or later, India will also accept bitcoin to get a new industry to help people get more money from the new market. In the near future, the US will not exempt tariffs for products in India anymore. I predict that there will be an economic recession in India if they cannot find a new alternative. Its a bit complicated for the India government to accept crypto the RBI doesn't really like it and had put a serious banning for the crypto, it might take a while to convince the institution to accept it, but as far as I know the RBI still very strict about the regulation, they don't really care how many people had been saved by bitcoin
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I would said its good to have the enthusiastic like that, but you need to see the market, dont just keep on buying without knowing the situation when you see the dip you buy, dont just rush to buy and then make another mistake of losing money, the sign is really positive but still need to think clearly before buying
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No, some of the tokens I ever heard of but none of them got the potential to become big, I think the best just leave them and try to dig some news, usually the coin like this will become garbage, that is why, never to invest in ICO for long term, when there is opportunity to sell just sell it, once the price touch bottom noone will bother to revive it
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For me no, I prefer to invest in something got potential and will diversify my investment, I don't like to put my money in something uncertain for a long time, its very risky move, and we could used the money to find opportunities to make more money by trading or other investing
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Its normal to have pullback, consider that the bull already run for a long time, now its depend on thr investors, will they take the chance to buy in dip to make another rising or going to let it be, the chart showed a downtrend but the investors could make it up again, but even if it's down its a normal and healthy behavior
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2017 bitcoin transaction system was the prove that nothings is perfect and always need update, the creator maybe never expected that the transaction volume of bitcoin will become so big, but now the team had created the lightning network which could tackle those problems, so I think bitcoin could promise something good for the future
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The rising of bitcoin is pretty fast amd its a bit dangerous to invest, but the trend is still positive and the market also perform well, its better to be cautious, for me its not the right time to buy, unless you are aiming for long term, if you want to buy now you need to pay attention to the market
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Maybe you are right the percentage maybe not until 99% but the percentage of people being scammed still high, one of thing that appear in developers mind usually is money, so it's easier to just scammed or purposely abandon the project after they got the money, if the circulation is keep on going like this then no wonder all people think ICO is scam
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Just see the price and how well they perform, if you hold btc the price will gradually going up and because its limited, the price will become more valuable, fiat value will keep on decreasing due to the inflation and continous money printing, gold is the most stable investment but the resources is really abundance, so the price moves really slow
The most easy way to see is you go buy 100$ worth of btc and gold after few years see how much they become
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Eth is a great coin, so many times xrp try to take the throne but always failed, this proved that eth still a favor to the investors and eth got a strong foundation because of the smart contract, the strongest alt coin now is eth, so no wonder when btc price go up, eth will follow
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