Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
that's not the right definition of a bubble. But anyway, Bitcoin is really a bubble. If you don't understand it, I can explain it to you. People say that BTC is a bubble, yes, they are not wrong. Because the value of Bitcoin is really not as high as its current valuation value. In terms of technology, it is obsolete compared to new technology businesses, the time for money transfer is very long and the cost is very expensive. So where is it potential? Why is it so strong? all is the whale's plan. They pump and dump bitcoin to make a profit and in fact BTC has no great value. |
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that really happened and the typical example was Venezuela. BTC is really a great asset to help your fiat value not lose its value over time.
According to the report, each year Bitcoin often increases from 100% - 300% from the period 2012 - 2017.
In 2018, there was an incident because the whole world economy collapsed, not just for BTC.
but now its value has been restored to a high level of $ 11k.
No need to wait for Goldman Sachs experts to speak up, we can also see that.
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The idea of a common currency is really good, but the BTC is not for this, so don't mention BTC in this regard.
I understand your idea, if a new currency is born and countries can use it at a fixed price, it would be great. We can travel anywhere without exchanging money, paying orders quickly.
But who is that challenge who will manage that currency? if it is used worldwide, all countries will be in that organization.
it will be very crowded and ineffective, that is in my opinion. anyone have a different opinion from me?
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According to announcement of chain link, the decentralized oracle provider will launch on the Ethereum mainnet on May 30th.
And other side market cap is also $25.80 billion, which good thing.
So I think price will go up for surely.
Guy's, what do you think about this ?
up to now, the value of ETH has actually increased compared to May but not too significantly. We should pay attention to the event Ethereum will release version 2.0 on January 3, 2020. That is the most important event and it can double the value of the entire business when the launch is successful. Honestly, I am a fan of ETH and I bought a lot at $ 289. I believe its value will increase even more in the coming days. ETH's network is growing and we can think of ETH making us rich. |
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What makes the Ethereum price a little slow to experience an increase, in the current crypto market conditions. If the price of bitcoin continues to experience rapid growth almost close to $ 10k. I think the price of ethereum will be good if it is above $ 300.
I think the price of ETH will soon increase and the problem is just time. As you can see, the price of BTC is constantly increasing and falling very sharply in the past few days but the value of ETH is still stable at 291 $ - $ 299. It is really a very good sign and shows that the holders are heading towards a long-term trend. We can set ETH targets that can be raised above $ 400 or $ 450 at the end of Q3, which is possible. In the near future, investors will pay more attention to the alts because the BTC will gradually stabilize in a few weeks. |
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Hi Guys,
Are you interested in IEO? How about your opinion? I think IEO trend will run to end of this year and IEO is one of the good speculation channel.
I do not think so. Although IEO is currently helping investors with a lot of profits, sooner or later there will be fraudulent exchange. I really recommend that people should only buy tokens at major exchanges like Binance, Huobi, Coineal, Okex, Bibox, ... Other small exchange can scam anytime they want. then they will leave the trading floor and run away at any time. |
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Bitcoin is currently trading at 6k but there has been a consistent prediction that before the year ends it will be up to 25,000. I want to know how many of you share in that optimism because at present, it's all bearish and nothing more.
it certainly cannot reach $ 25,000 in 2019. currently whales are manipulating the price of Bitcoin and are making the market hot again. But in these 2 days, the price of BTC has increased and decreased very strange and that is the impact of the whales. It made many traders die because they used a lot of money to predict the price of BTC. All are just a joke of the whales and we should not buy BTC right now. Please wait for it to fall at 11k $, which will be the best price. |
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yep, I understand this. Every time the BTC grows, the value of the members will go down because many traders believe that the price of BTC will continue to increase.
Whales are actually making a huge effect. Although many people say the price of the BTC increases and then the altcoins will increase in a short time but I don't believe in that, I always believe in the value of BTC.
I think we should all have 1 - 2 BTC to hold for a few more years.
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Thoughts. Made a killing on the last few.
Abit more skeptical about this one but still entering the lottery.
Anyone else have thoughts? Buying or waiting until launch
I think you should buy them. IEO projects in Binance are both successful and they will certainly continue to bring good projects to the crypto market. So far, Binance only supports IEO for projects that have great potential. I always believe in Binance. If you still have doubts about Elrond, you can read more about Roadmap as well as their Whitepaper to better understand. |
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I sold at $7550, am I screwed or will it at least go back down to $7500?
You really missed a great opportunity to get a lot of profit in just a short time. I recommend you buy more BTC because the chart is very beautiful and until now, it still has no sign of going down. it will sideway for 2 days and start growing again, choose a good time to buy the best price possible. You can place a buy order at $ 12k3. |
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They are really friendly with crypto and blockchain technology. But I think they're on the right track. Blockchain technology currently has a lot of potential to be exploited by talented people.
The current crypto market is really missing the blockchain engineers. In the future, the country of the Philippines will be a place to provide talents to the blockchain.
It was a great step for them. I congratulate them, their country will advance in the future.
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We all know that China doesnt want to be involved on cryptocurrency for some reasons but after whats happening to China and Hong Kong, it seems like bitcoin would be the main option. The two countries are currently under stress because People in Hong Kong vehemently oppose a proposed bill, which would give authorities the power to deport those suspected of crimes to mainland China. Hong Kong people obviously engaged in a rally for them to change the leader's mind. With this, the people, most specially rich ones wanted to withdraw all their money in China or makes it anonymous that's why they are eyeing on bitcoin as the main option for transferring of wealth. We dont want to have this kind of war between people or countries. Even though it will be a good way of boosting bitcoin, i hope it will not end in that way and resolve the problem of both countries. Its still not safe there till now. Lets pray for the people's safety. Here's the full article https://bitcoinist.com/hong-kong-protest-china-bitcoin-assets-offshore/ Hong Kong and Chinese people only buy more BTC when the value of fiat money is reduced due to political and economic war. But currently the value of Chinese currency and Hong Kong has not had a sharp decline recently. They will not use all the money to buy BTC and we should not expect many people to buy BTC when they do not have knowledge. We should expect real investors to enter the crypto market because they themselves will understand and not sell off whales if manipulation occurs. |
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It was a very smart decision of the Russian finance ministry. Because Russia is also one of the countries that contribute a large amount of daily volume in the crypto market. if the Russian finance ministries banned it, they still had a lot of trading and the finance ministry still could not control it. they must accept this and start collecting taxes. It will be more reasonable strategy. |
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Good projects don't need bounty hunters to do there works for them ,I can start naming good projects of 2019 that refuse to use bounty hunters to gain awareness ,especially IEO projects from binance excluding harmony only which i think its the best bounty project of the year so far, I think bounty hunting is fading away
No, I don't think broadcast service will be underestimated. Even though the IEO is really good, sometimes they still need promoters and likes of advertisers on Twitter or Facebook. Harmony is a great project and it was x8 after being allowed to trade on Binance, but it still needs weeks to develop the community. so the work of bounty hunters is still important and it will not disappear. |
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We talked a lot about the advantages, I have been trading every day and I really feel quite tired at the end of the job. Because our brain will always be active and we just look all the time at computer screens and charts. That will cause severe stress and I really do not appreciate this work.
I really just like to buy and hold. Less profit but it will be safer for my health.
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Never trust in high-interest programs or services for you. You also know, in the crypto market, there are many scammers operating and they always create such programs.
Best of all, you should stay away from these programs and invest in better things. Although profit is not much, it will give you experience in the future and will help you earn more money.
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hey guys, really interested in how full-time crypto traders work. some questions 1) What sites do you visit? 2) How much time do you spend on trading? 3) What websites help you build your strategy? 4) What instruments do you need for a more precise analysis? 5) What is the biggest problem in trading for you? 6) What price trackers do you use? 7) if you have time, please describe your typical trading day  Thank you for participating! 1) I often visit CMC and some news sites about crypto. Besides, I often follow the Twitter news of crypto businesses. 2) I usually spend 4 - 6 hours for trading. 3) I do not use any trading signal tool. 4) knowledge of price charts and how to analyze the value of a business. 5) psychology and discipline. 6) I don't. 7) I only participated in the transaction for 4 months and I need to learn more. I don't have many good deals to share for you now.  |
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I think it's a great strategy at this point. No altcoins can bring better and better profits than BTC. Those who aim to profit from 30% - 40% within 4 months, buy BTC now. when Libra gets more and more fomo, it is also the time when many people want to buy more BTC.
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that exchange should not be trusted. because those exchange cannot support you if you have a problem with your transaction. I think you should participate in exchange that requires KYC and they will definitely be a good exchange. such as Binance, Coinbase, Huobi, ... they always try to protect the traders of exchange.
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