Warren Buffet is strongly against crypto because he is heavily invested in the banking system. If crypto succeeds he stands to lose a lot from his investments. So Buffet and his partner Charlie Munger continue to call bitcoin rat poison to help suppress the price. Recently Bill Gates has also taken a stand against crypto, Buffet is his BFF
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I personnaly think it is small pump before the last flash dump to 2000 $ !
Keep dreaming bud, bitcoin won't hit $2000 again. I'm guessing your a fear spreader that is trying to get fools to dump their btc for cheap prices. Don't fall for the FUD guys and hodl strong, our patience will pay off in the end.
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Well im pausing all my social media campaign because im tired of scam projects anywhere. Maybe ill start again next yeae or till my signature campaign is done. I believe there is so much people still hunting right now. I think this year the bounty hunters is increasing so much.
People called Bitcoin and Ethereum a scam in the early days so keep that in mind. Just because people are spreading FUD it doesn't really mean a project is a scam. Right when everyone writes off ICOs there will probably be a few that fly under the radar and will end up being wildly successful.
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At least these new investors are trying to use their money to make more money instead of blowing their cash on stupid consumer products. How many sheep are spending $200 on air jordan shoes or thousands on new cars that will depreciate quickly and are built to break down. Give them some credit for at least trying.
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I firmly believe the bitcoin cash war between ABC and SV is what caused the market to tank. Calvin Ayre and other whales were dumping massive amounts of bitcoin in order to fund their hash war. This whole thing caused a cahin reaction of panic for crypto investors and resulted in more and more dumping. ABC is the clear winner at this point with almost twice the market cap of Satoshi's Vision.
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What is your favorite film that revolves around gambling? A few notable movies come to mind that I enjoy: Casino, Rounders, and 21 are probably my three favorite with Casino being my top pick. Mainly because Deniro is such a great actor and it shows how corrupt Vegas casinos really used to be.
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Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
No matter how you store your coins there is always at least some risk involved. Someone could $5 wrench attack you and force you to give up your keys. You could have the best security technology can offer but if you have no physical security the whole thing is worthless. Now even if you hold your cold storage wallet at a bank vault you have to trust the employees at the bank.
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People will always fall for ponzi scams, they say a new sucker is born every minute. The allure of fast money is too strong for most people and they can't resist. Also a lot of people participate it ponzi scams knowing that it is a scam but they still hope to make money off the new suckers. No one is safe, Bernie Madoff was able to trick wealthy people with high education.
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Every crypto is down for the year so you can't just single out Ethereum. Ethereum is far from dead, over 2 billion dollars in daily volume and Eth network has the most developers by far. Maybe calm down with your fud and actually access the situation correctly. There are still ICOs that are reaching their cap goals as well.
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The world will be so different in 2140, I doubt bitcoin will even exist at that point. I'll be shocked if the world hasn't already been destroyed by a nuclear war or some other type of disaster. The beauty of bitcoin is that it can be broken down into many decimal places so if bitcoin is worth $1million we can just use smaller units for our transactions.
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Due to the harsh nature of capitalism many people are stuck in poverty for the rest of their lives and the only way they see to achieve wealth is the lottery. It's pretty sad that people see the lottery as their only hope as achieving wealth in their lifetime. The business world is cutthroat and the majority of new businesses fail.
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Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.
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TLDR: don't trust anyone offering you a fixed rate of return, if it sounds too good to be true then it probably is. Great advice but very much over-complicated here.
A fixed return is possible if the creditor is absorving the risk. Creditor runs risky investments using your money, but gives you fixed returns in exchange for lower yield. This is fine as long as there's oversight over liquidity to guarantee the fund manager didn't lose it all - it'd then become a ponzi. Your correct but a lot of these scammers offer unrealistic rates that will never be reached. If anyone had such a sound strategy they could come up with at least a small amount of money themselves and grow it exponentially without needing outside funding sources.
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There is no point for a separate gambling coin to exist, we can just use bitcoin for everything because it has by far the most secure network. I know a lot of failed ICOs tried to start a gambling coin but they all failed miserably or were outright scams. We already have enough coins and the last thing we need is more altcoins.
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It's quite easy for the low cap coins to be 51% attacked but bitcoin's sheer size makes it nearly impossible. The amount of money that would be needed to generate enough hashrate wouldn't even make sense financially. Maybe if a group of billionaires wanted to see bitcoin die it could be done but they would not make any money off their attack.
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I am shocked with Westbrooks willingness to shoot the ball despite the poor shooting percentage, although they won against the Clippers at home but this guy is not a good example of constant shooter, with a 4/17 shooting night, that's worse for me. People might say that what's important is they win the game, okay... but please credit that to PG, Westbrook is overrated.
Westbrook has always been a selfish player but it got worse when Durant left the team. Anyone averaging a triple double for an entire season would have to be a ballhog. He is the kind of guy that plays for stats and his style of play will never bring your team an NBA championship.
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Bitcoin is a much safer bet at this point, Monero is losing rank on coinmarketcap and the daily volume is very low now. I don't want to be left holding worthless alts at this point so I'm going to stick with the only trusted coin, BTC. Goodluck with this coin if your staying invested in it but there is a good chance most of these altcoins will die out.
I know the whole privacy thing but the majority of people don't care about that and there are a lot of other upcoming projects with privacy features. I just don't see monero surviving.
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Mining isn't worth it unless you need heat for the winter or you have free electricity. If you are holding onto your mined coins it's always better to just sell all your hardware and buy the coins if you are a speculator. The days of easy money through mining are gone, GPUs only make a few cents a day even with low electricity costs.
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The entire crypto market is falling ot it's a bit unfair to single out one coin. Smart money is using this time to accumulate cheap coins while the noobs are crying in panic mode. We will never seen prices this low again and this will truly be the last time to get insanely rich off crypto with very little effort.
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I think more US Dollar pegged cryptocurrency will good for market. It will give more choice for investor when using USD pegged cryptocurrency. Beside that, supply dollar in market will rising and hopely more investor will buying cryptocurrency. I am believe it will help market to recovery more faster
Bitcoin started as a way to break off from the fiat system and not be associated with government dollars. Now we have all these cryptos pegged to the USD, we really have come full circle Winklevoss twins have undoubtedly made a lot of smart financial moves and will probably be billionaires within the next ten years.
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