The volatility in Bitcoin is an avenue for traders to earn money, this arrangement puts Bitcoin ahead of the Blockchain tech. thereby delaying global Blockchain adoption. Blockchain without Bitcoin, is it going to happen?
If there is no bitcoin, what factors restrain the volatility in other crypto-currencies? I think that in this sphere, the volatility will be even without bitсoin.
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I believe that bitcoin like any another business sector has a negative impact on inequality, the smart grow rich, the poor get more poor.
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We know about the problems: - Cryptocurrency holders cannot spend easily their funds on Internet platforms. - Owners of the business do not have simple and e-commerce friendly instruments for processing highly-volatile currencies.
But if only today, you had the opportunity to buy everything you want for cryptocurrency. What would you buy? New Porsche, a gift to your mum. Your options?
All that I am now buying with a card, I would buy with crypto currency, because the process of outputting fiat from crypto currency is very difficult.
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Bitcoin's blockchain are already obsolete in the present. But everyone considers bitcoin a valuable asset, so its price is what we see now.
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I also still do not understand why in the purses there is no 2FA, this is the right solution for safe storage of assets. A lot of hacking due to the fact that people through phishing sites send their passphrases and private keys.
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I am more eager not to the 21 coins, but to the goals in terms of money. My grades are the following: $ 100,000, $ 30,000, $ 1,000,000.
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I don't see any reason to compare these exchanges, I'm a user, use both of them, as they mutually replace each other with tradable assets. I can only note that Kucoin has a more user-friendly interface.
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The ICO market has huge problem today. this is 4 reason
> Overvaluations > Scam > fraud > Speculation
Fraud there is in any field of activity, and this is not a problem, it is a consequence of poor security. The problem I would mention is that there are no tools to protect investors in the market, and a big problem is that in the general mass, the investor market is very stupid, otherwise people would not participate in IСO, which after entering the exchange, almost all lose their value, but earn only those who participate on private sale.
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what is 50 million for the market? This amount does not affect the price movement, it is too small. In addition to the flow of finance, a positive mood in the market is required, so that the holders do not sell their assets.
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Im so much worry that the iota coin is decreasing in rank and also the price itself, i invest a lot in iota, i buy iota coin last year cost $5 , and then the price now is too low, did i make a wrong choice?
If you pay attention to other crypto currencies, you will see that everyone lost in price like as IOTA. You bought a good asset, but unfortunately at the peak of the market. You made the wrong choice in the time of purchase.
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The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved. Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading. Latest Podcast Episode Discussing More Details
https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35Do you really think that bitcoin will increase in price 8 times before the end of the year? I do not believe this even with the approval of the ETF. Now the downward trend of the movement, it is not broken yet. You need to be realistic.
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It won't happen. Smartphone for bitcoin mining? you are just destroying your phone. Smartphone as digital wallet, you can simply download an app / wallet and that's how you make it as your wallet.
You never know! With the help of nano technology we may be able to achieve smaller chips that produces as much power as a full sized mining rigs in future. I mean that is not the reality now but it may become in future. If you were 80's kid, did you ever think that you can carry a computer in your pocket? Because what computer we have seen that time was Pentium one and it required an air conditioned room to run that. Nano technology achieved that impossible and now we carry a smart phone inside our pocket. So keep your hope high as we don't know where the technological achievements can take us! If nano-processors are created that will allow to produce more bitcoin and consume less energy, nothing will change, the phones will not be used for production anyway. To say why? Because such technologies will be used in the production of asiс miners.
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If you look at the chart, you can see that since January the market is in a global fall, this suggests that manipulators intentionally break investor confidence in the hold strategy. The last drop of the market from 300 billion dollars to 200 tells us that the bottom is somewhere close and the market can turn.
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If Bitcoins aren't tied to a conventional currency, how did they get so valuable?
In many countries there are centralized online exchangers with the help of which you can buy or sell bitcoin. There is also a decentralized exchange - localbitcoins , I like it more.
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Let's say bitcoin goes on a major bull run before the the end of the year...are you prepared to cash out? Are you ready to cash out or are you content to hold for longer? Will you be ok with paying coinbase fees to cash out or will you use other methods like LocalBitcoins.com for peer to peer transfer. What will you do? What method do you think is best?
I met a couple of times in person and I sold crypto currency for cash. But if there are no reliable buyers, then I think it's better not to do it, but use localbitcoins. The difference between such methods will not be more than 5%.
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Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.
For me, the biggest difference is that if someone transfers money to my card, then I must prove that it is not income, otherwise I will pay the tax. In crypto currency, I don't need to prove anything to anyone.
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Let's say bitcoin goes on a major bull run before the the end of the year...are you prepared to cash out? Are you ready to cash out or are you content to hold for longer? Will you be ok with paying coinbase fees to cash out or will you use other methods like LocalBitcoins.com for peer to peer transfer. What will you do? What method do you think is best?
I will be ready to cash out 50 percent of my balance, and transfer other 50 percent to stable coins. If people want to buy coins for cash, I'll try to sell it at a personal meeting. If not, I will use localbitcoins.
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Three years later, what will be the mainstream cryptocurrency and market conditions?BTCBTCBTC
It's hard to say what will happen to the crypto currency 3 years later, it can only be done by McAfee. I think we will have an interesting future. I can only say that I want to see: 1) the application of DAICO in all ICO so that investors can control the expenditure of collected funds. 2) Transition to decentralized exchanges 3) The possibility of convenient withdrawal of crypto currency in Fiat
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The excitement of ETF will definitely affect the growth of the crypto-currency market, it is inevitable. New players will come to the market, and this is a sign of market growth. It can not be otherwise.
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I heard that huge amount of money has been invested in bitcoin platform recently. One of the major reason is world cup. And demand of bitcoin is really high. These reasons altogether is giving pump to bitcoin’s value.
I believe that this has absolutely nothing to do with the World Cup. If you look at the history charts in 2017, Bitcoin and all altcoins have strengthened since september, if the history is repeated, then Bitcoin by the end of this year will reach the price of 25k usd, and it will be achieved in December this year
Everyone was waiting for crypto spring, then they waited for Consensus 2018, then crypto summer, and the price does not grow yet. There is no point in getting attached to the past growth in 2017. But I think that the headlamp of the decline has already been heavily delayed and the change of trend is not far off.
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