Which is the most popular coin after 2 years? 3 years ago ethereum was $ 1. Last year it was $ 1,400. Currently 150 what do you think we should get for 2020?
It's so hard to say, it's probably not a coin anyone is really considering right now. I think that there is big potential for infrastructure projects but it will probably be something that really cracks utility.
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The community themselves would have to run these ads, even then people might not accept them being ran because they know that no one is in control of bitcoin so can't speak on its behalf. I think most likely there would need to be a big group of the community working together for anything like this to happen.
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I'm sure that a few funds will continue to exist and they'll post huge profits because they're run by people who know what they're doing.
Does anyone know what they're doing? Since this class of person has arrived in cryptoland I'm not sure I can remember a single one of them making a statement on this area that I found remotely insightful. It's the peeps who've been here forever who have a better idea of what's what. I don't think arriving with conventional market experience is going to put you ahead as this ably proves. Agreed, that's why I think only a few will achieve some success. But with a hedgefund it's not so much about knowing what they're doing but having the right contacts to gain investment and then the right people to make the correct decisions when it comes to investments.
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It seems inevitable that we're going to be in for more lowering in the difficulty unless new asics etc can increase the hash rate so as to make mining at current prices profitable. The current prices have to be squeezing out so many of the smaller miners.
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I doubt there was that much demand for these hedgefunds in the first place. At least not from sophisticated investors. I'm sure that a few funds will continue to exist and they'll post huge profits because they're run by people who know what they're doing but it seems that most just decided to take the buy and hold approach.
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I'd wait for a clear uptrend, that's not going to be anytime immediately soon. We need to test support levels at lower prices before there's a chance that the market will go in to a reversal. Hold your horses.
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Circulating Supply: 25.927.070.538 ADA
1.209.150.758 USD || Market-Cap at $0,046637 1.296.353.526.900 USD || Market Cap at $50 2.592.707.053.800 USD || Market Cap at $100
78.545.867.901 USD || Recent Market-Cap BTC
Conclusion: Most likely it won't.
So ADA would have to be bigger than the whole crypto market at its peak. I can say with near certainty that you're right and it won't happen. Maybe at some point in the next century but not in 5 years.
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Right now it seems highly unlikely but you never know with crypto. 5 years ago no one would've expected bitcoin to be as high as it is today and there's still so much more room for the crypto market to grow. ADA has a lot of competition though, something bitcoin didn't have in the early days.
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It's a teams prerogative to have KYC, they're almost certainly doing it because they're required to do so by some governing body. It's work and cost for them also so they'll avoid doing it if possible. It needs to be accepted that the crypto market will become more and more regulated in time.
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Trading against the trend of the market is the biggest mistake people tend to make. The same strategy that works in a bull market won't work in a bear market and vice versa, I learned this the hard way myself.
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Campaign : ### Signature ### Week Number : < 2 > How many posts have you done this week : < 13 > Did you had Gigzi Avatar whole week : < Yes >
Campaign : ### Signature ### Week Number : < 3 > How many posts have you done this week : < 13 > Did you had Gigzi Avatar whole week : < Yes > Campaign : ### Signature ### Week Number : < 4 > How many posts have you done this week : < 13 > Did you had Gigzi Avatar whole week : < Yes >
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Even if they're selling, they hold so many that what we've seen so far would barely make a dent on their stacks, CSW said that he is selling and is willing to sell all of his bitcoin holdings, how much you can trust that statement is your own decision - personally I don't really buy in to it.
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It's so fun to watch this Hash war! Keep on burning your cash and make me laugh!!! ( source ) This is quite brilliant, it's intriguing the level of commitment both sides are putting in to this, at least from a financial point of view. You've got to think one will crack eventually, one thing Craig Wright was right about is that it's not good for bitcoin because eventually both sides will have to either sell bitcoin to fund this or move miners over.
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This is the same Dr. Craig Wright he repeatedly claims to be Satoshi but never actually proves it, so my immediate thought to him claiming there's a big vulnerability that no one has thought of, is that once again he's talking out of his ass. Of course from my own knowledge I can't begin to know what's truth and what is not because I do not have anywhere near the understanding he or any other early adopters have.
I will say that I believe if there is something that can destroy bitcoin, it won't be something technical, but more of a social thing. Even any technical flaws can be ironed out and fixed, assuming that people still have the will to do so. Bitcoin will only end when no one believes in it any further.
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For anyone who hasn't looked. It's worthwhile following his twitter. He seems a little psychotic lately and has a huge vendetta with bitcoin. He's claiming responsibility for the latest crash and says he'll push bitcoin down to $1000 or less. If he keeps this up he's going to have a lot of enemies and with the amount of people he's claiming to have screwed out of a lot of money. He should be keeping himself hidden for some time.
I know people might not like this exactly but one person selling into the market even if it does drop the prices is not an overall negative. His threat of pushing the price anywhere shouldnt really be that important when its just a temporary change in supply, I dont know how other big players might trade this but often a spike in shorts or whatever is used to flip a quick profit as they can buy up that BTC until shorts close out at the higher price. This guy might have alot of BTC compared to many people but he isnt bigger then the overall market. The only way its going to matter is if BTC was already due to revise this price area and he triggered that, in that case it was going to happen anyway. I also predict the price might resolve upwards, checking the 6100 area before markets decide enmass on a direction up or down. Maybe the 15th is the peak of uncertainty in price, I'm not clear on the timetable for this being resolved exactly but the market often surprises I actually agree. I don't believe that he is behind the crash, I think it's just him trying to get some limelight as always. But if he is, or whoever is, if they're going to sell it might as well be sooner rather than later, that way the market is going to recover sooner. I do think the hash war has some time to run, unless CSW is clueless, he's claiming it will be over weeks, months or even years.
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For anyone who hasn't looked. It's worthwhile following his twitter. He seems a little psychotic lately and has a huge vendetta with bitcoin. He's claiming responsibility for the latest crash and says he'll push bitcoin down to $1000 or less. If he keeps this up he's going to have a lot of enemies and with the amount of people he's claiming to have screwed out of a lot of money. He should be keeping himself hidden for some time.
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Log scales definitely aren't useless and should be considered. It helps to give a clearer long term picture and remove some of the stochasticity. But as others have said, all charts will eventually take a different route. Any linear or non-linear progression will be wrong in time because markets are not predictable. Common sense also needs to prevail. That chart would have bitcoin at over $1m in around 10 years time and much higher inside the next 20 years
Before getting to the point of logarithm, should be worth considering first if TA is worthless or not. If you're like me and enjoy TA purely for entertainment value, then for sure, a lot of arguments for, and even I'd say for certain linear methods. But if you're seriously into TA and use it to make decisions, then be wary of Bitcoin's caveat: all moves can be explained, but only after the moves happen. All bets are off from this point forward. @jackg: somewhat agree, but there are many exceptions, perhaps not among news writers but commentators. Lifelong Bitcoin educator Antonoupolos for example never had Bitcoin until he was donated some but has never been a pessimist. True, TA should only ever be used as an indicator. It's best used in conjunction with a multitude of other things, the main one being common sense and understanding. The crypto market is a wild and unpredictable place and over time will make a mockery of any TA.
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Log scales definitely aren't useless and should be considered. It helps to give a clearer long term picture and remove some of the stochasticity. But as others have said, all charts will eventually take a different route. Any linear or non-linear progression will be wrong in time because markets are not predictable. Common sense also needs to prevail. That chart would have bitcoin at over $1m in around 10 years time and much higher inside the next 20 years
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It's nice to see Roger Ver getting a taste of his own medicine. Thankfully neither him or CSW can have much influence on Bitcoin, that's been shown before. Bitcoin price won't be changed because of this, even if a few miners move away they'll come back because bitcoin will be the coin to prevail in the long term. I don't think anyone will be speaking about bitcoin SV in a years time, just like the only time people speak about bitcoin cash is when crap like this comes up.
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I am worried about the current level of optimism around here and elsewhere regarding the end of the bear market. If we pay attention to the old guidance of buying when people are most fearful and selling when they're greedy then it seems that we should be selling right now. Hopefully it's just because we are a smaller subset and are more clued up than others but I'm not so certain that is the case.
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