but do you think there is no manipulation now?
in my opinion the argument should be about trying to figure out the total result of the following: - how much more manipulation can CME listing bitcoin futures bring to the market which already has whales with so much bitcoin and money who are doing that already. - how much bigger will bitcoin market get because of this news alone and how much that growth will make manipulating the price harder
you can't just enter a $120 billion market with $4.5 billion daily volume and think you can manipulate it greatly. specially if you are going against the market.
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i don't think so. based on my experience with the "Average Joe", i see they are understanding bitcoin well enough and when it comes to using it they find it somewhat hard but not that complicated. it just takes some small time to get more familiar with bitcoin and how it works before you feel easy. the only thing that is complicated for average people is the price and how it moves up and down a lot. in other words the volatility and the fact that it is unpredictable.
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well this year (like previous years) bitcoin is constantly rising and each time price comes down it is only as a correction and only lasts a short time before price restarts rising again. in comparison ethereum this year (like previous years) had only one or two pumps where price went up fast in a short time (less than a month) then the rest of the year was price falling down slowly and reaching lower and lower prices.
maybe it is just me but i find the decision pretty simple! always invest in bitcoin without second guessing. but rarely invest in eth and only do it when there is a eth pump going on, and stay away the rest of the times.
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you get faster confirmation in ETH because ETH has faster block generation but that is sacrificing the decentralization of ETH nodes. the blockchain is already bigger than bitcoins (i forgot if it was 2x or 4x the size of bitcoin's) and that means you will have to store a much larger file and the sync process takes forever to complete. soon there won't be a single user running any node. and nodes will be run only by exchanges.
the main difference between the two is that bitcoin is designed to be a currency. the paper even calls it a digital cash. but ethereum is designed to not be a currency. which means the confirmation time that you mention here is meaningless since it is not for payments.
we have also already seen multiple times that ETH can not handle things when the number of transactions grow, and the network fails to the point where exchanges had to close down deposits. but in bitcoin the same scenario means only an increased fee and nothing else.
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never. it is not a good idea to not have any bitcoin, i don't think i have to explain why. it is too obvious if you look at yearly charts of bitcoin!
and also it is too obvious why you should never go all in in one altcoin only if you take a look at their yearly charts! i have invested a lot, even all my trading funds (it is not all my bitcoins) in one altcoin before but it has always been for a short time and because i knew that altcoin was getting pumped hard. for example i invested all i had on bittrex into LTC back when it was $4 and had SegWit coming...
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I'm in this crypto world about two months, I've been observing the power of ETH!
no you have not! and here are the reasons why ETH can not match bitcoin in a million years 1. ETH is not a currency and it is not even designed to be traded like this. it is a token that should only be used in smart contracts not for anything else. 2. a huge supply. the nearly 100 million coins is not going to let the price go up at all. 3. no cap. or in other words unlimited supply
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you don't have to go all in!
for example in case of bitcoin gold, i wanted it fast and knew it will be a long time before i can sell my BTG if i wait for them to release something and then see if it clean and then spend and finally sell. so i looked for exchanges and find out a couple i didn't know and also Yobit. so i deposited a part of my total bitcoins in Yobit and waited to dump. and i did that near the top at 0.19BTC per BTG!
that way i both get something good out of that fork and also take a smaller risk. you know the first rule is to invest what you can afford to lose. and that is what i did. i still have more BTG which i have not yet claimed and price has fallen but i am ok with that since i already gotten a good deal.
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IOTA, Augur, SIacoin, storjcoin, maidesafecoin, substratum, shift, stratis, waves, Ethereum ( but there is problem scalability), Walton chain, Modum, Aragon, Lisk.
everyone thinks the bags they are holding are better than the rest. the readily is that they are all crap of course each and every one of these have been pumped and will be pumped too but that doesn't make they good "long term" things to hold. for example ETH has lots of issues, not just scaling, but a lot of bugs and issues. the others like Lisk, Waves, even ETH,... are all doing the same thing with lots of overhead. they are not exactly unique ideas. some do it better and with less bugs like LSK and some do it crappy, bloated and full of exploits like ETH. in the end they will be replaced with a better replacement in a year! Don't wast money on bitcoin, probably useless in the future.
yeah sure, the thing that most people know. the only thing that can actually call "currency" and "decentralized". the only thing that is being used as a "currency" by real people not just virtually claiming to do some shit. the thing that all speculators (even the negative ones) know has the best future. you are suggesting we don't buy this thing. such a good advice /s
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2020 will be a good year for cryptocurrencies but i don't think it is that because of what you said.
i believe that very soon the altcoin market will blow up and all the crap coins will be flushed down the toilet where they came from. only good projects will survive the upcoming flush and the bear market where everyone is going to dump and dump hard.
in near future, hopefully, the projects will change purpose from useless pump and dumps that you see today to some real cryptocurrencies to be used in real life.
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People do not know how to buy/store and trade cripto and bitcoin without being ''nerd'' as I am.
that is only "your opinion" nothing more. If someone can gently realize an app that trought smartphone and scan code can let to buy the cripto without too much hassle cripto will go very high.
it already exists if you have ever used any bitcoin wallet except blockchain.info or exchanges! ALL of the wallets have QR reader, specifically the ones that run on smart phones!!! and the merchants ALL provide QR codes for payment or simple links you can click to pay. Also they would need to send and receive payment trought ''ALIAS'' , not trough complicated nerdy hashes .
Is this possible? Because bitcoin deserve to be mass adopted in an easy way, not in this COMPLICATED WAY (for normale people)
maybe it is complicated only for you. i have never seen any NORMAL people complain about these stuff. they have very easy time making payments with bitcoin. they just click a link and the payment is done or on their phone they scan the QR and their wallet is automatically filling in the rest. they don't eve see that "nerdy hashes" you are so afraid of
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none of them are trusted. even bittrex that the first comment suggested is not at all trusted. they recently closed down a lot of accounts for no reason just to block their bitcoins. i would expect some money problems in bittrex, so staying away is advised.
other exchanges like coinbase are better for this case, or bitfinex. possibly even Yobit but only as last option.
I'm not defending Bittrex, but I think they were closing accounts in certain countries only and due to scam issues. But I agree that Coinbase might be better is someone must keep them on an exchange for fast trading. well not letting people from certain countries sign up in your exchange or if your rules change let them withdraw and close their accounts afterwards is one thing and most legit exchanges are doing this, ... but closing their accounts and stealing their money by blocking it because they suddenly changed their rules and not giving any answers to the users is quite another story.
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none of them are trusted. even bittrex that the first comment suggested is not at all trusted. they recently closed down a lot of accounts for no reason just to block their bitcoins. i would expect some money problems in bittrex, so staying away is advised.
other exchanges like coinbase are better for this case, or bitfinex. possibly even Yobit but only as last option.
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if SegWit2x turns out to be another of these forked coins like bitcoin cash and bitcoin gold then only in that case the best strategy is going to be selling the new coins on exchanges as soon as possible, even holding some bitcoin on exchanges could work. because most people will dump it and there will be an initial drop at any case. so selling first would be a good idea.
then there will be pump and dumps as you can see in bitcoin cash these days which makes them profitable to trade like all the other altcoin pump and dumps.
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Thanks for the payment and running a smooth campaign aTriz
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It seems like the three main developments happening in currencies involve privacy, decentralization, or scaling.
Which of these developments are going to see the greatest growth in the next upcoming months?
sadly these two are not related! the "growth" among altcoins is based on pump and dumps. believe it or not the biggest growth always belongs to the most pumped or most manipulated altcoin. they even have as big as 5000% rise in one month. that is ridiculous amount of profit. so if you want "greatest growth" or biggest pumps then you have to find such coins and invest in them before their start of pump. the development should logically be the reason for a rise or growth but since we are talking about altcoins, in reality it is not the reason although it helps the altcoins in long term. for example good altcoins such as Monero that is the best privacy coin stays up in long term and even grows because of it. but you can't expect big pumps like %5000 from these coins. specially since their prices are already high.
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the bloodbath for altcoins is a very common thing, it has nothing to do with bitcoin and its forks or its price. the only reason why you see these bloodbaths is the fact that altcoins are pump and dumps and they are mostly in big bubbles that keeps bursting. and when the dumps begin everyone panics and starts selling their coins and the blood fills the streets.
it is very simple to verify this and also see the pattern in it. you just have to open a chart for any of these altcoins and watch it a little. you can see all the big rises and then the continues fall throughout the many months.
to make profit (and not feel like missing out), you just have to invest before the pumps not after they are done and everyone is dumping.
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correct me if i am wrong but India has already finished their national cryptocurrency crap and called it Lakshmi! so if i am correct the Russians will be second at best.
and this is just another dumb move in my opinion. i can see how adopting the blockchain technology can help the financial system and the banks for example since it increases the security and cost and has a lot of other benefits but to create a currency out of it and restrict it to one country! i can not see any point in that. we already have fiat for the centralized currency and then we have banks and banking system like credit cards, internet banking,... for digital version of it. we don't need crypto version of the same centralized thing!
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your definition of a shitcoin is wrong and you even are more wrong about dogecoin!
first of all Dogecoin is shit but it moves A LOT each year and each time it is A LOT of profit. just a couple of months ago it went from 18 satoshi up to 183 satoshi. do you even know how much profit is that? that is 916% profit. in other words if you invested $1000 you could have turned it into $9160
second, if an altcoin never moves and has a stable price that means that altcoin is the best thing (although such thing doesn't exist in real world). and that is because it could reach a stability that is needed for a cryptocurrency.
shitcoins are shitcoins because they are bad coins, with bugs, with poor code, with no innovation, with scams, with premine, with no developers, and lots of other flaws.
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i say there is a good chance that bitcoin price stays at this current level, meaning in the $6000-$7000 range and fluctuate a lot in this area. mostly because there is still a lot of uncertainty about bitcoin's future because of the SegWit2x upcoming fork and that is going both ways, some buy to be able to get the coins if there were a new chain and some sell because they see the higher price and are afraid of 2x thing.
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people over think these things sometimes. as if they have never seen any altcoins before.
bitcoin gold is just another altcoin like all the rest of them, with not much of a difference. it has 1 or 2 developers, like the rest, it does not do anything, like the rest, it has a big premine, again like the most of the altcoin, and it is a pump and dump altcoin, like all of the altcoins.
the difference is that it also did an airdrop to everyone who owns bitcoin, like some of the altcoins. and also it can be mined by GPUs which is a nice thing for a pump and dump altcoin because hobby miners can mine it and then pump it to be able to dump what they have mined.
this is literary what has been going on for the past years with all the altcoins.
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