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Yes, if you mining with no profit, then what is the purpose of your mining activities ?
Wasting money on electricity bill is not a good idea, it will be better if we wait for a while.
Until the market condition is better, the miners will be able to surpassing their break even point, and gain profit.
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When people say Bitcoin is dead, make sure to show them this graph. What an outstanding performing asset. This is why people invest in Bitcoin, hold on to your seat belts!  What are your thoughts for next 12 months?  Yeah, but most peoples compare the bitcoin price from its peak about $19k and the current dip price, around $3000++. Bitcoin need time to recover in the market, not only bitcoin but the whole cryptocurrency i guess. I won't say bitcoin is dead just because the value is dipping, because i know the value of crypto is very volatile. |
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sadly it is over friends!!!but of course too hard to believe!
If the market already dropped too far, i think it will be very late too get out from cryptocurrency world. I don't want to take my loss and leave crypto just because the market condition is bad. With patience and experience in market crypto, i can find some good potential coins while waiting the market to recover. |
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Market going in very deep stress level so many people are confused what they do with present market situation.
Because nobody now when market will start in up position.But according to my opinion this time is not of Selling just wait and watch the market and enjoy this time with your family because in few months market will start up trend.So this time no need to sell.
But if you want to invest more money in Crypto market this is the right time.
The market seems like has started to recover since last week. Did you buy and accumulated some coins from the market ? Either buy or sell, it will always the matter of time. The answer of your question is always depends on the time. When you see the market has gone too deep, why not trying to buy some coins ? So you won't regret it later if the market start to green. |
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Now I will name just three reasons why you should not buy Ethereum. Of course, you can call an almost infinite number of reasons why you should not buy airwaves, but we are not chasing after quantity, but quality. I believe that these three reasons are enough to not even think about investing in the air.
1. The ether has infinite emission.
Even if there were no other reasons, I would still not have bought Ethereum because of the endless issue. Gold will cease to be gold, if it is endlessly "printed." Did you know about this?
2. Ethereum regularly hosts hurricanes to return, for example, stolen funds and this greatly undermines the decentralization of the coin. In this way,
large investors may be wary of investing in the air because of fear of losing money.
3. The hurdles are conducted only for very large investors, for example, because of the DAO fund. If you steal even one million dollars, you probably will not get anything back. There is discrimination.
What do you think?
I think your reason is plausible, that's why the Ethereum price has gone to the bottom far from before. Another reason for the falling of ETH is because there were many scam projects running in the past. Sadly, The current position of ETH on the market is on the #3, after XRP surpassed ETH on coinmarketcap. |
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The stock market crashing is the number 1 sign of a crypto bull run, it's coming!!! look at the short altcoins boom, and also because people are running away from stocks right now!! this is a good sign that the sec will approve the ETF and bakkt will be launched, to drive BTC to a massive ATH.
Think about it guys, why would they launch ETF and bakkt in a bear market? why SEC keeps delaying etf when they can just reject it straightaway? they know it will have no effect on the price when the market is still bearish and no 1 is buying btc, now with this stock market crash will be perfect time for them to launch!! expect btc to go to at least 50K!!
i dont think btc will even shoot past 20k in a bear market even with an ETF if sec was to approve it back then. The market has to be bullish first!
it's no coincidence that this stock market crash lines up perfectly with the last deadline for ETF, it's a heavily manipulated market!
Good analysis. There is possibility that peoples will buying crypto if they are leaving stocks market indeed. But we need more sign of bull market, so we can know this is the time for the bull market. The SEC decision regarding ETF is strange indeed, they could just reject it than keep delaying it. If what you said is true, then we will have bull market indeed. |
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This is one of the most beautiful cartoons I've ever seen. Very well explained indeed.
Everybody wants to have a bitcoin.
Someone wants to buy bitcoin.
But nobody wants to use it.
That's a big problem. We need to use this. We need to use it.
What do you think about this?
Some peoples are using bitcoin already, not all peoples doesn't want to use bitcoin in their real life. Even there are some companies who accept bitcoin as their payment method from their consumers. I remember some articles i've read, you can buy new car with bitcoin. The important thing to create massive adoption of cryptocurrency is by opening the opportunity for other peoples to using crypto as a payment currency in your business. |
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Have you come to think of your time and resources invested in Crypto-community? Has your effort yielded the desired result since you join the cryptocurrency world?
Sometime i get frustrated either to quite the crypto business or to give it a second thought due to what is going on in the entire crypto-community, were there are no more trust. I have carry out a proper research on myself and i found out that am losing to cryptocurrency.
What about you, gaining or losing?
Due the market condition which is bad now, everyone seems losing in cryptocurrency. It is difficult to choose what project will be benefit for us when we are in such market condition. But some of the projects are very good to take a part out there. Maybe you can do your proper research one more time to find a profitable crypto project. |
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OK so I bought ETH a while back when it was 600 dollars.
Now that ETH is 275 is it a good move to sell my ETH and buy back in? Wouldnt profit be faster when market picks up like that or not?
Please help me understand
If you didn't planning to hold your coins for long time period, you should sell your coin when it dropped more than 20%. Cutting loss is necessary if you are not a long time holder. Now ETH price is around $100, you will need long time to hold if you want to keep holding until it hit your buying price. Cutting loss now is too late, your ETH has dropped from $600 to $100, better keep holding for long. |
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Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
It is our mistake if we have been scammed by the scammer who posed as ICO admin because it is a basic mistake. Real admin won't approach you first, therefore we should not give any response to the peoples who approach us as admin. We need to gain more knowledge about how to secure our coins in cryptocurrency to avoid fraudsters. |
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It's at $3,500. How low can it go? I bought more at $3600 and $3400 What's your sweet spot? Are you waiting for under $1000??? What are you all waiting for?  Well, you cannot predict the bitcoin price as well the altcoins price, but i think buying for now is not a bad idea. The price is still on the bottom. If bitcoin going down to $1000, i am sure that the price will correcting back above the current price. Because there are many peoples still using bitcoin, and we can rest assure as it won't lose it's value too much. |
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⚡⚡⚡ Bitcoin We all know Bitcoin is a digital currency that is very popular now and even becomes a safe and fast payment and transaction tool that cannot predict when Bitcoin can go up and down it all depends on technology in the market or it can also happen in countries big countries use Bitcoin as a legal or official payment instrument and we also have countries that have started legalizing Bitcoin except the United States (US) and therefore maybe Bitcoin can be made the right investment place safe and promising for profit What do you say, maybe you can explain and give advice ...  It will depends how long you want to hold bitcoin as your investment. If you only hold for 1 year, i think you won't get much profit, even will facing loss in the future. For example the peoples who bought bitcoin in december 2017. If they still holding their btc for 1 year, they won't get any profit because now in dec 2018 btc price is still far below the price they bought. Hold at least for 3 years. |
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I have executed a transaction with BTC and I am now waiting for 6 hours and still have 0 confirmations.
Is the network jammed again for some reason? Or what is the deal with it?
Did you sending your bitcoin using the exchange or your own wallet with the blockchain database? If you sent btc from your desktop personal wallet, i think there are something wrong in your blockchain database. But if you sent your btc from exchange wallet or 3rd party wallet, you need to contact the developers of the wallet. |
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Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?
I have bought the current dip, or at least... when market cap was still around 120 billion usd. Following my policy to buy after huge drops only, i planned to buy the next dip if market cap is around 60 billion usd. But should i not buy the current dip twice? Because what if the bakkt launching next month is succesful? What if it gets followed up by the ETF getting approval in the february sec-decision? What if it all comes paired with new developments that occur? Is this a realistic scenario for short-term?
What would you do, if you were following my plan/policy? I don't buy with large amounts so i can take some losses, what do you think is best?
Maybe you can wait and not buy any coin in the market for now, because the price of the crypto still have no sign to recover. It will be different if you know some coins that have a potential project. You can buy them now when the price still on the bottom. I think you cannot depend on Sec decision regarding the bitcoin ETF, seems like they will pending it again. |
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What wallets should i use for altcoins? Bought some LTC not sure what's better
If you are new in crypto, i think you can use exchange wallet to store your coin for now. Later if you have knowledge about your coin, you can use your personal wallet in your pc, a desktop client wallet. For example if you bought your ltc in exchange, you must withdraw your ltc from exchange to your desktop wallet. |
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I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
Why do you want to cash out when you can use it for buying something? If you want to sell your btc to fiat currency such as USD, most exchanges will requiring you to submit your identity. In my country, if i want to sell my coin to my native currency, i will have to Kyc lv2, identity documents and the selfie photo. |
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It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.
The question is " how will these ATMs operate?" Will customers withdraw money in the form of Bitcoin notes or fiat??? Please share your views on this topic. I need clarifications.
I dont think bitcoin notes will be necessary to used in cryptocurrency because it is a digital currency. Unlike fiat money, bitcoin is a cashless peer to peer currency. Bitcoin ATM is simply a fiat - crypto exchange in a machine to make you convert your fiat to btc easier. |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
I think bitcoin is already adopted into business, but not in a large scale. Only several companies may have using bitcoin to expand their business. By using cryptocurrency, there is no limitation and everyone can use it. Yeah, actually you can use btc in real life, there are many online shops that accept btc or cryptocurrency as a payment. |
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Unfortunately that is what happening currently due the crashing value of crypto. Miners income is coming from profit of selling the coin they mined with a good price If they cannot sell with a good value and keep continue mining, they won't be able to get the profit, even they won't be able to pay the electricity bill. |
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Who is more important to the development of a project? Developer, Team or Community.
DEVELOPER: A developer is someone who invented a particular project(coin)
TEAM: A team is a group of people that came together to backup the project to ensure success.
COMMUNITY: Community are people that subscribe into the project to ensure continuity by investing in it and also promoting the project.
A developer came up with the project,team working with developer to pick it up from there,then community decide the last part of the project.
Without a developer,we cannot have a project,Great team will surely influence the acceptability of a project,the end result depend on the community,then who is more important to the success of a project?
From my opinion, it will be better if the project have a good team. A good team will deliver the full plan in the roadmap. A good team can maintain the price of the coin/token if they able to buyback the undervalued price token. Developer and community aspect are important too, but the most important for me is the core team itself. |
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