The fonts too small to read. Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use...
There are too types of hackers and the ones that are robbing exchanges are the black hats and that's their way of living, preventing for an exchange to get hacked depends on their level of security. I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
Don't look at crypto's only even the banks are also targeted and have this type of incidents. At this rate, bitcoin will go to $1 as it gets hacked every day.
Correction, bitcoin can't be hacked or it's blockchain. What is being hacked are the exchanges, their wallets. Is it possible to take simple precautions to protect against hackers?
In everything on the web, it can be hacked.
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But what is the actual reason behind this vast fall?
It can be this incident. Coinrail Exchange Hacked, Loses Possibly $40 Million in CryptosMy friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) What you feeling isn't different to most of the holders here. Let them laugh for now if they have sold at $14,000 and if they are thinking that they are in profit now. Just don't think about them, focus on your holding.
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IIRC, it has been on the news year/s ago that Switzerland is the first country to have this type of idea of accepting crypto inside the banking institutions. This is just the start and it only means crypto's aren't something that the whole world can ignore even the governments or big business entities. bitcoin and the cryptocurrencies are here to stay, for now only bitcoin is worth something
Correct and this adoption can't be stopped, sooner or later other well known banks will do the same.
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If you decide to invest for a long time then buy Bitcoin
This is what I'm about to suggest. Long term for a year or more than that, bitcoin will be the best candidate. Don't look for any other altcoin that can't stand alone with their own markets because they are all depending to bitcoin. The market is shaking, you can turn to your pick rightaway while you can see it on red.
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I visited bebit but I can't understand since its main language is French. This is an exchange right? I think this topic belongs to Exchanges.
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~snip~
Why are you screaming of your prediction? don't post too much caps, relax. Who is this kencang you're talking about? I like it when someone says that we're going to head back to $20,000+ but with what you've said, on 2020? that's 2 years from now and for sure the time span must be enough for bitcoin to recover by that time.
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Is 2018 that year when blockchain crypto goes mainstream?
For the past years crypto's became popular went straight and it's all set on mainstream. there is an indication that it will happen in 2018 because it is supported by slow growth and perhaps cryptocurrency will become mainstream
There's no need for that indication because cryptocurrencies were already in the mainstream. The slow growth that you are saying is probably because of the red days.
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Does your country permit you to participate in ICO?
My country just gave a noticed that people shouldn't get too attached with ICOs. They are worried that number of our countrymen will be a victim of scams. They are not saying that it isn't allowed by they are giving warning that there are various reports of ICOs that turned to be a scam.
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will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
$6,700 current price of bitcoin and yesterday it was $7,700 so that's again a rapid $1,000 slash for it's price. It can happen that it will go to $5,000 and I won't remove that possibility but during this moment the only thing that I can do is positive and buying with my extra savings. It can also be a short fall just to shake again the market to remove weak hands, this has happened before when it's ready to skyrocket.
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Is it better to hold ether or altcoins?
Ethereum is also an altcoin. I think alts are better because they can give you more profit,
What specific alts you are talking about giving you more profit? I would say that every coin does have its wins and losses. What can give you more profit is yourself by choosing what suits your belief and budget. however it is quiet risky to hold them.
All of them are risky.
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1-100 coin rank in coinmarkepcap remain to fall, are this a bad news , good news or is still normally?
Bad news because it is sick to see the market all in red. Good news in a way that you can buy more and shop with discounted coins that you want to avail but firstly, bitcoin is cheaper. when we turn back time to 2017 the price its looks so normal because these things is happen to in 2017 before a great pump
Normal because we've seen the price before and we've bought during the low prices.
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I think 8000 USD for bitcoin price in next two weeks can be possible. But the rate it falls sometimes makes it hard to recover to the next higher price. IF it can move to the price of 7300 next week, then achieving 8000 will be ok to.
Possible. I was just sleeping and after waking up, I thought my eyes were blurred but it's already $6,700. Bearish at this moment but we're nearly half for this month. I also think that we're not going to further and this can be the last price after all. I don't know if there's really something during the weekends. $7,000 - $9,000 for this month is what I can see. This is another time to buy and pack up while it's on the dip again.
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Hey guys, what do you think about the future of crypto?
Promising isn't enough to say that the future of crypto is a must wait journey in the online world. Where it will be used?
What do you mean by this? it has been used already in any transactions. How much bitcoin will cost?
When? If for this year = $15,000 - $25,000. Or maybe crypto is going to die
Too far from dying and I don't think we're going to see it die.
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so it is quite risky to invest now
Risky? it has been risky to invest in crypto and every type of investment. The timing is good if you're asking if its a good time to invest now. After this red market, green will come and who can say if this can be the final blow for the bearish market. There's some bad news out there but forget about it, they will never stop.
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99 percent of the technical analysis didn’t see this dump coming!
It only means that most of the TA's are positive and bullish. And it's up to you as a holder if you'll believe those TA's. I do believe some of interesting TA's that are informative. But the fact that most of them failed for now it doesn't mean that they are going to fail forever. There's no basis on how long we have to wait when these TA's gonna occur.
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One the best news that I've seen so far after Malta's current state with cryptocurrencies. Why some of the people here are negative about this news? when there are bad news out there you are complaining? and when there are positive news like this one you are still negative? ouch. Give it a try and see on how things will work for this bitcoin paradise, the fees aren't the issue right now so people near that paradise will enjoy spending bitcoin through shopping it for real.
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Hey guys, when did you first bought bitcoin
Somewhere during around $600 - $1,000 but also bought during $2,000+. Did someone bought bitcoin when it was 20k$?
What a coincidence, I've got friends who bought during the all time high and you know what? they are blaming me for their misfortune. They are excited of buying it and I told them to study the market but because of excitement they bought ATH. When did you first heard about crypto?
Few years ago, can't exactly remember.
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Do you have other information to hanyecz?
No one has posted laszlo's account so I guess that's the other information that I'll add here. You can view his posts history, laszlo. Last post was on Feb 2014 and last year it's the last time he logged in. This is the legendary pizza and part of bitcoin history. Pizza for bitcoins?
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When do you think it will stop?
Maybe for at least few more months or a year or years, we don't know. When will bitcoin finally grow?
Because it is volatile, just like what I've said on when I think when it will stop, maybe after few months or even a year. Just don't panic if you are in the middle of losses, don't cause yourself a trouble and wait until everything's fine.
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