Right now, Bitcoin Cash is posing serious challenge to Bitcoin. The market cap of BCH has increased from around $4 billion (two weeks ago) to more than $21 billion right now. And it is on its way to dislodge ETH from the no.2 position.
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Nope... Even if BTC reaches a price of $10K, fiat will still be more valuable than it. If BTC reaches the $10K per coin exchange rate, then the market cap will be around 170 billion USD. Now compare this figure to the market caps of fiat currencies such as EUR and USD, which are around 10 times higher than this amount.
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Actually this is the time to buy as the price is going down. We are seeing $6300 from $7350 that is $1000 difference. Buying now and ride back up with back Bitcoin will not be a bad idea
The prices are still going down, and therefore it is not a good idea to purchase the coins now. Please wait till the prices stabilize, as we don't know how much lower the exchange rates can fall.
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not really bt one day bitcoin gonna accept by bank and that day will come soon. bitcoin is crypto and its a safest way to deal ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think that banks are that stupid to accept Bitcoins. The bank infrastructure is entirely based on fiat cash. The growth of decentralized crypto-currency can end their dominance and the banks know it very well. That is why banks such as Goldman Sachs are indulging in negative propaganda campaigns against the BTC.
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Coins.ph is safest to keep my bitcoins safe? because that is my wallet and its easy to take my btc convert to peso bill. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Coins.ph is an exchange right (please correct me if I am wrong)? I would never recommend storing any of your coins in exchange wallets. They can go down at any time, or your coins can get easily stolen by the hackers. Better store them in some online wallet, which gives access to the private keys.
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Miners are switching to BCH, because right now it is more profitable to mine Bitcoin Cash when compared to Bitcoin. And most of the miners care only about the profits. I would not blame them, as they have to take care of the expenses (such as capital costs, electricity, manpower.etc).
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What is the point in blaming Jihan Wu and Roger Ver, when the Core devs are not interested in resolving the scaling issue? The number of unconfirmed transactions have passed the 120,000 mark and the average fee needed for instant confirmation has shot up to 500 Sat per Byte. And at this rate, it may take 2-3 days max for BCH to overtake ETH in terms of market cap. After that, it is going to be a direct fight between BTC and BCH.
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I obviously bye btc because it price is increasing day by day...
Really? Did you checked the charts recently? For the past two days, the exchange rates are down by more than 15%. And its massive. During the last 18 hours, we had a 12% drop (and it is still going down). And the most worrying aspect is that the BCH volumes are rocketing up and the exchange rates are at historic peaks.
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If I am not wrong, a number of the major crypto-exchanges were allowing futures trading of B2X coins. What will happen to these trades and traders? B2X (futures) was trading at around $1,200 per coin two days back. So will that value get reduced to $0, and the investors lose all of their capital amount?
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I would rather say that Bitcoin is right now attempting to change the way the world economy works. But there is one major stumbling block. The competition from other cryptos are increasing day by day. And right now, Bitcoin Cash is posing a major challenge to the popularity and adoption of Bitcoin.
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How can you say that it is the strongest currency? It's exchange volumes are far below that of the other currencies such as USD and EUR. And its acceptance is even below that of the lowest ranking fiat currencies such as the Mozambican metical and the Yemeni rial.
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99% of us want to become super-rich. And for us, one of the ways to reach there is by holding Bitcoins. For my part, BTC has given me decent profits till now. Bit I am not yet satisfied. I want to become a millionaire, and I believe that Bitcoin will take me there.
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No one is going to believe this. I first heard about Bitcoin in 2010. I was doing some freelancing, and my employer offered to pay me in Bitcoins. And know what? I rejected that offer. And it is a decision which I rue every day now. Could have made me a millionaire.
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You can' take Asia as a uniform block. In certain countries such as China and Thailand, there are severe restrictions on the trade of Bitcoin. And at the same time, Bitcoin trading is perfectly legal in some countries such as Singapore, Japan, and South Korea.
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As far as the governments are concerned, Bitcoins present a major threat to their dominance on the economy. If Bitcoins get popular, then the fiat currency may be used by a lesser number of people, resulting in the devaluation of that currency. Another aspect is the tax evasion, which can result from the use of Bitcoin.
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yes I strongly agree, bitcoin will kill the tax, people who have a lot of money must choose to save it in the form of bitcoin, instead of buying a house, car or other valuables that have high taxes, so the state income from taxes will be reduced drastically
If you convert a large amount of fiat to Bitcoin all of a sudden, then the chances are that the tax authorities may trace that transaction. And in many of the nations, Bitcoin is very much associated with tax evasion and hiding of wealth.
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In the beginning of 2017, the prices were hovering at around $1,000 per coin. And we have reached $6,000 per coin as of now and still more than two months are remaining. I expect the prices to reach $10,000 per coin by the end of this year. And by mid-2018, we may be able to attain $15K per coin.
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Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Less than a month ago, the FUD from China caused a 30% drop in the exchange rates. And a few days after that, the exchange rates rose by 40%. Do you still think that Bitcoin exchange rates are not that volatile? IMO, it will take many decades for the Bitcoin prices to stabilize. And you can never predict the future prices. They can even reach $50,000 or even $500,000 per coin.
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I think a coin that wastes so much ressources as Bitcoin doesn't deserve to have a future. I'd prefer coins that don't waste so much money on hardware and electricity. Currently the Bitcoin network consumes the same amount of electricity that croatia consumes.
It is your choice dude. If you want, you can support Ethereum or Bitcoin Gold. But I am afraid that these coins will never be able to beat Bitcoin in terms of popularity and adoption. And BTW, what is wrong if Bitcoin mining requires a lot of electricity and expensive rigs? Mining rig manufacturing is a big business now and is employing thousands of people.
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Hello guys, How are you everybody? I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?
Thanks
If you dont have enough investment then sign up for free airdrops out there. These days almost all ERC 20 tokes are giving free airdrops. You must have much patience in this space, if you want to become a regular trader. Most of these airdrops are not actually "free". There are certain requirements, such as following their official Twitter page or liking the official Facebook page. Some even ask you to join their signature campaigns. But even after doing all these, there is no guarantee that the tokens which you get may have a lot of value when they list themselves in the exchanges.
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