your question should be Ripple or paypal? which one do you think is better? because both of them are centralized and both control everything.
and remember that paypal is 100000 times better than Ripple because Paypal is regulated and can not just close your account and steal your money but Ripple is not regulated and can steal your money.
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any criminal who has been using bitcoin whilst monero exists is the biggest on earth. and they have not dropped bitcoin now, they have dropped using bitcoin a very long time ago. it started when SilkRoad was shut down back in 2013(?)ish and people either went back to good old cash or monero.
the question i have in mind is why bloomberg is writing about it now and pretends it has happened now.
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there is nearly 40 billion of it available with the cap at 100 billion. it is centralized and nobody likes, wants or uses such a system.
a pump may push it to 10x or even 70x as it happened before but it will not be a lasting rise. it always gets dumped eventually and comes down. so don't think of it as a long term investment ever.
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this is a very good phase though. people who have this mentality and only want the money will go out of the market, it is true that price may fall because of that as it has already but in the end those who are left can focus on important matters without the distraction of the high volatility.
but it won't last long. the volatility will come back and with it the get rich overnight guys.
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it definitely is Litecoin for this year alone. there has been a lot of hype surrounding LTC and it had a lot coming towards it with all the other altcoins getting pumped, with it getting SegWit, and all the rest of the things that came after SegWit. the LTC pump was one of the most obvious ones.
of course there have been lots more pumps bigger than LTC, like the XRP pump (the first one not the current pump) but they weren't as obvious in my opinion. hopefully i can get at least another one of these next year too.
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the reason is so simpler than you think: because it is rising.
that is how things work 99% of the time with altcoins. when people see a rise and in some cases when the pump group leader tells the sheep to buy, they start buying that coin and the price goes even higher.
if you look at the charts it sometime have stages of the rise, first they pump it then the early "watchers" come in and finally the newbies rush in guns blazing wanting to become rich with that coin that is already pumped...
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bitcoin is obviously the best coin to hold and trade for both short and long term.
and the altcoins are literary countless. and all of them are best coins for trading in short term but for a limited time and you will only know it when their time comes not 2-3 months before the pump. for example these days Ripple is the pumping coin like it was back in early 2017 and now it is coming to an end soon it gives the place up for another altcoin to be pumped.
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because bitcoin being decentralized and out of their reach and control is ruining all of the plans that they had been running. bitcoin is giving the people an option to get out of the control of the government and the evil banking system of India and they don't want to let it happen.
and the funny thing is that the more they talk negative about bitcoin and increase their threats, the more people go and invest in bitcoin in India. if you check the price of bitcoin there you can see it is ridiculously higher. the other day it nearly reached $20,000
soon we will have bitcoin whales coming from India alone.
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Hello everyone, I've been following posts on this forum for long and I've come up with this question, why are bitcoin transactions anonymous, this is causing a lot of problem for people with tons of it, cos your coins could be stolen and moved to another wallet without any way to trace
first of all bitcoin is not anonymous. secondly being anonymous or not being anonymous has nothing to do with your coins being stolen! someone who has a ton of it or even someone who has a little but values his money educates themselves on how to protect their money and it is easy, and as a result they don't lose it to want to worry about them being stolen.
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Oh crap! things are terrible bitcoin only went up 1400% this year. that is so sucky. it should have gone up 14000% instead. oh well i guess you are right then, bitcoin is going towards its end with this big shame.
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to be honest i am very disappointed in Byteball in the past half year (6 months). it is a very good project with a lot of interesting features. and nice little ideas like sending Byteball to someone else through Email which was added in the last version. but it is extremely under-appreciated. and it is mainly because this coin is not listed on poloniex!
with only 645,222 GBYTE is circulation and total of 1 million the price of a good project should be a lot higher than this!
the good news is that there is only rise ahead of it. we can only go up from the bottom.
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this is another proof that market cap is a useless thing to compare cryptocurrencies with each other. you may as well use the letters in their names to compare them (ETH has 3 e's in its name so it is better ). a coin with barely $2 worth is bigger than a coin with $740 worth! and they are both categorized as #2 and #3 after bitcoin with $14000 worth! and they keep creating coins out of thin air and get richer with each pump...
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what would you say would be a good coin to use for a neutral hold that doesn't gain or loose much at all? some where that I can save my gains from something like LTC and take my gains while market goes red and put them into a certain coin that doesn't move, suggestions thanks
Tether . Just kidding. There are few coins in top 20 with less volatility.You can watch them. But what is the use of it? none of the coins in top 20 or elsewhere are stable for the purpose that OP wants. the only stability you may find is when one of them is getting pumped or dumped, the others may stay the same! but so does bitcoin for that matter. the use? OP already mentioned that. when you expect a dump for example (market in red) you exchange your funds to that stable currency to save the value of your money and then go back at the bottom. basic trading stuff
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Crypto trading is much easier than stock, Because in crypto you don't need to be a pro trader or knowledgeable enough in analyzing the market or using any kind of tools on trading, just buy what the coin are rumors to be pumped and sell it when you get profit.
being easy is so subjective. the two places are very different from each other. you do actually need to be a "pro" in both markets if you want to be successful, if you make random bets and succeed in a couple of altcoins that doesn't make you a professional trader because sooner or later your luck will run out and you will lose all you have earned and more. and in fact when you say "buy the coin that is rumored to rise" that is an experience. you need to know this, and you need to be able to figure out which rumor is true and which is fake. or what leads to a pump.
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£1000 may be tiny for someone but it can also be whole life savings for someone else. so you have to decide where on this scale you fall into. if it is not that big a deal for you, then go for it. but usually the amount that is suggested for an investment is a small amount you cut from your daily expenses like some bad habit of spending you may have. cut that and put that money in bitcoin.
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Which marijuana-related coin(s) do you think will take off as more legalizations kick in next year? I put together a list of the ones I could find on CoinMarketCap and compared their ties to the industry that could make them more successful: https://bitcointalk.org/index.php?topic=2658296.0It would be pretty easy to go with the current top 5, but maybe there's a sleeper or two in the mix? Let me ask the obvious question here -- why in God's name do you need a cryptocurrency to pay for marijuana, when it's legal? Why not just pay for it with fiat? You'd think the essence of marijuana cryptos would be to keep transactions under the radar. What is the point of a "weed" coin once it's legal? Is it just so the pot heads can feel like they have some grip on, or portion of the crypto community? You can toke up, play video games, eat cheetos, and proclaim your blockchain prowess! I don't get it. you are not alone my friend. and it is because there is no logical relationship between these cryptos and cannabis industries! since they have never been used for that a purchase of any kind. people may have used anon coins such as Monero and Zcash or even the least anon coin of all: bitcoin but they don't really use Marijuana coins to buy weed but this is altcoin market we are talking about. they have got pumped for reasons less than this. it won't be a whole year of fun and profit but it will be a short time of big pumps.
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After the hard fork the wallet with having any amount of bitcoins in it will also have the same amount of B2X in his wallet with ratio of 1:1 .. These coins are now exchangable on different crypto exchanges, yobit is accepting B2X now.
Yes, I was able to get them from YOBIT, but what about CRYPTOPIA? They don't support B2X and many other coins that hard forked in the past, but my BTC was in Cryptopia. most exchanges don't bother with these kinds of forks because they are worthless and they don't even attract that much volume apart from those who do a one time dump of their free money. don't look at Yobit, their volume is 90% fake and 10% newbies playing around. or something in the ballpark of that and when something doesn't get the necessary volume, it will become a waste of server resources for the exchange to add it.
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I think any crypto down more than 40% will come back strong,
first of all there is no general rule that applies to everything. so saying "any crypto" here is wrong! some might and some might not. secondly it also depends on the previous situation of that altcoin. for example did the altcoin get pumped before this drop or was it stable before the drop, was it dropping already,.... in case of NXT it was pumped. it started from ~3000 satoshi and got pumped massively to 13000 and now it is coming down from that pump! in a situation like this, chances of going back up are very small.
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Besides always being targeted by hackers, you can't really trust centralized exchanges. There's no set standards on how to classify a trustworthy exchange, and the issues become more subjective. Some people doesn't have any problem with bittrex and some people do, this is true to all exchanges.
the type of problems are very different. sometimes there is a stuck withdrawal for any reason and people have "problem" with the exchange. some times they pay to a wrong address, ... and have "problems". but sometimes the exchange blocks a lot of user accounts for no reason. blocks their funds and doesn't give them any response in 2-3 months while their funds are still blocked. this is not the same "problem".
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as long as it has not yet reached $12000 then it is not "dropping". it is within the tolerance of fluctuations in bitcoin. and right now price is still above $14000
this drop was mainly because of the SegWit2x fork in my opinion because if you look at the timing of it, it started right near the time where the fork was supposed to happen. that screams manipulation and panic sell from those who bought bitcoins temporarily in hopes of getting the free B2X coins that has been advertised in the past couple of days.
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