What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
No offense but china has been negative to bitcoins in the first place since I knee bitcoins they are always a china and bitcoins topic in this thing. It seems like they do not give a lot of priorities into cryptocurrency at all they do not care if that will crash or not because their country are independent enough to be stable even without the help of the bitcoins but I cant blame them they are just doing what is the best in their country |
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Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
You can take a stab at doing some examination about the coin first so you will have the capacity to know whether the group are extremely experienced to their field and on the off chance that they are proficient thus you will have the capacity to tell if the undertaking merits contributing with cash. Holding is a decent procedure for the general population who need to profit from their venture. |
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Note: See on the right side of each post (top right corner) there is "+Merits" Some major events as seen by China. More.... It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver. An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers): https://seekingalpha.com/articleChinese government told/encourages its citizens to buy gold and silver in 2012. dont know why goverment even give it a second thought and try to urge their subjects to purchase gold and silver, I trust goverment of china is extremely terrible person here, they pushing down their own particular cash to make their nation extraordinary at trade and to make individuals to fabricate an organization their motivation laborer are paid low and its ease to create an item, in the mean time a considerable lot of their kin are endure cause they require more cash to purchase things they needs. |
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Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
Bitcoins to be straightforward are intended for daring individuals with a tremendous wallet a few novices who think bitcoin is simple speculation for income sans work in brief time are damnation amiss with the idea, bitcoin mining is a costly procedure and needs obvious commitment towards the work regardless if done legitimately with persistence and devotion and with appropriate learning of the market then a man can acquire gigantic as well. |
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Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
Well it rely on to kind of individual empower and offer the great open door in the crytoland in light of the fact that a few people outlook about in crypto can street of trick and shut it mind as scam,,so that is difficult to inform him concerning the great side of decentarlized cash so much better select the general population who need to liberal about the other great opportunity. |
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Crypto currency has a greater future no doubt and we have already seen it since the inseption of Bitcoin in 2009 ehen its value was below a dollar and now above $8,500 as at time of this post.
For the most part every nation these days intend to be cashless so cryptographic forms of money are the best approach for that.Different crypto coins are getting famous in the market nowadays. Numerous individuals are indicating enthusiasm for them and have begun invedting in them.So I can state that cryptographic forms of money has a splendid future and in coming decades it will work as an inseparable unit with fiat money.We can't foresee that what will be the market estimation of any digital currency in coming days yet we can state that digital currency will never pass on. |
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I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Indeed he is correct. we can characterize an incentive for anything at all in this world. The estimation of bitcoin is only a definition forced on the coin. For what reason will we purchase numbers and a few decimals with such a gigantic some of dollar? Why the crypto showcase is raising a large number of dollar? Its all since we have characterized it to have the esteem it has and that will never show signs of change. |
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Are you picky with ICOs?
Indeed I am correct presently significantly more so than previously, I have adapted a considerable amount in the previous a half year from watching and taking part in a few coin deals. I have seen that publicity for an undertaking currently makes no difference aside from you will most likely be intensely limited in the measure of ETH that you can take part with as they endeavor to keep everybody content with a cut of the activity. I am moving towards putting just in strong activities that have a true application and a demonstrated reputation in business and not simply tech investigation. |
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For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.
I don't perceive any trades will dry out. Individuals will attempt to locate the best rates of exchanges inside the trades and trades themselves will endeavor to modify as per what individuals requests in insights these days without escaping the line. I concur Bittrex is such a decent trade, consider additionally Binance that has great rates on occasion. |
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Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
perhaps later on, digital money can turn out to be internationally so all nation can utilize cryptographic money as another installment framework and accessible on the web as well as accessible in the reality. in any case, it should meddle with the administration that will coordinate their framework with the blockchain innovation and possibly the legislature will dispatch their own particular crypto. also, perhaps their crypto will be an extension amongst digital currency and the fiat so it will associate with each other and we can have more advantages from the crypto. |
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One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?
Up to this point there is no sign that Cryptocurrency will return up. Be that as it may, as indicated by forecasts, undoubtedly in late February there will be another pattern in which the Cryptocurrency swapping scale will rise once more. However, the conversion scale around then may have come back to the swapping scale before they begin to soar. So on the off chance that you have a coin, it would not hurt to exchange it if the swapping scale is over the cost when you get it. |
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Since prominent internet based life systems like Reddit acknowledge Bitcoin as confided in technique for installment for their promoting administrations, to boycott digital money advertisements on FB is a significant peculiar thought. Anyway, I can't comprehend why they are so meticulous, when FB, the web based life monster, has turned into a publicizing system in excess of a social one. As I would like to think, FB is utilized more to market purposes than individual utilize. This section of gathering of people has relocated gradually, gradually to Instagram and different systems. In this way, taking a choice like this to boycott a promoting market like crypto on FB doesn't appear to be the best for them. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
It is risky for me of course because they can go either ways ebcause they are new that means they do not have the people that can support them they might be the new best altcoins but of course they can akso be one of those shitcoins that are scattered all around the cryptocurrency. If you are gonna ask me if I am gonna invest in that coin I will say there are a pot of rumors about them but if not then no because they are cheap they are not that that trusted for me. |
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If you choose the full time crypto you need to be mentally prepared and you will need some funds like emergency fund and extra savings from the start because the market is unpredictable and things may not favor to you for that you need to build a long term plan on when and how are you going to distribute your labor and money between trading and bounty on signature campaigns plus you need to be fast in sourcing news about bitcoin to prevent further loss and have a much strategic approach on how are you gonna deal with the market to profit because this will be your bread and butter for the months to come.
That is true you need to brace yourself of whay might happen because in this thing nothing is going to be stqble and nothing can always be predictable. If you ever have a job today and that is regular and permanent do not quit it just because you wanted to be full time in cryptocurrency. You can always gain in cryptocurrency while your still in your job because this is not as big responsibilities at all me I am a part time in cryptocurrency and a college engineering student and all the subjects are big responsibilities but I can still manage. |
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Well if we speak about gaining on bitcoin i think there is no required time on making an act of productivity.We can really buy bitcoin anytime anywhere without any hesitation and we really didnt have to be afraid about the price because dropping and pumping is really the nature of it and we really need to make sense of it so that we can become more productive and we don't feel like panic all times.
It is never too late if you wanted to buy bitcoins because look at the other people that just started last year they also asked the same thing just like you but still the have manage to obercome their fears of maybe they will just lose their money at all. The great yhing in bitcoins is volatility and be thabkful to that because if bitcoins is not volatile we all late comers cannot join anymore but they are now in a lower price we mist take advantage to that and do no hesitate to join |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
In my opinion of course bitcoins are much riskier than the investment in the bank because if you put your money into the bank then they will not fall or lose its value and they will increase annually but that depends on the bank on how much increase they are gonna make but it usually as low as 1 percent. But in bitcoins there are a lot of chance that the money you put in there might get doubled. But of course the other thing is there are a chance that the money.you.put in here might lose its value. |
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I wanted to say that I have stopped sharing my crypto interest with close mates of mine.
Because they will became greedy and jealous for that money they could have too.
But the problem is that they are seeing a results of hard intense and long work! My tokens sometimes costed me like 3 months of work, (not the hardest, but anyway).
And the are saying then - teach me how to do that! Teach my now in half hour! So I would have my $1000 tomorrow!
And then they are trying to do something here for 5 days, nothing comes so fast and they give up,
also the relations are harmed...
Thanks for your attention folks! Nice days!
That is partly true because it depends on the person but of course I have friends that are really arrogant that they just have received a lot of profits and then they are acting like a very great and rich people but they really dont. They have a bad attitude once that they have received a lot of money they think that they can buy all. They dont think that they will not knew it and gain that money without the help of us but no that is what they are so I am really limited on the person that I will told about this. |
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I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.
This is a good point because we all know that not all people knows anything about bitcoins and there are people that doesn't hear anything about bitcoins and they didn't know that there are kind of money that are existing just like that. But if there are bit establishments that will accepts bitcoina as a payment and they have that advertising in the stores then of course the people will get curious and then they will start asking about it and they will start using it so that will be really helpfull for that thing to happen. |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
Absolutely yes it is the right time to buy bitcoins because look at the price they are very low not as low as they are in the january and February but still they are on the stage that they are stable in the middle and then they are still not sky rocketing into the moon so it means that there are still a lot of time buying bitcoins because the price are still reachable and it is much better to buy in that price rather that to buy when the bitcoins are starting to rise becwuse it is more profitable. Just always have a little bit of patience in here. |
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Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
In reality the bitcoins have a few usage in this time for me especially I am in the country yhat do not accepts bitcoins in a lot of establishments so If talking about purely bitcoins only yhing I can do is pay bills and buy load. But luckily there are a bank here that accepts bitcoins in exchange into our real currency or ouw monetary unit so we are lucky here because in that way we can now spend our bitcoins and buy things that we wanted not using bitcoins but by converting bitcoins into cash. |
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