A bubble happens a lot when a big event is about to come, they make sure they can brought it before the price go up and then sell after once the market achieve its selling point then all of the holders will deny it. Sadly it always happens when a good upgrade is upcoming and then after a good run everyone who brought it before that will all out sell.
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Of course Artificial intelligence can do it the problem is can we create an artificial intelligence that will predict the incoming value of bitcoin or any certain coin? The problem with Artificial intelligence is that it cannot be smarter than us so the moment a product like that has been invented then it only means that the person who made it knows how to predict the upcoming value of bitcoin and the fact that it happens only means that the resource and information that has been use is reachable by others.
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As always people like this one only saying bad rumors about bitcoin without having any proof of statement or any information of how they say so, I doubt that it will happen since bitcoin is widely spreading across the world and at some point there is always a person who'll believe at this, the only way I see bitcoin going to 0 is if everyone who uses it and anyone who wanted to use it or have used it will reject it and stop the worldwide trade of bitcoin and if conduct it there is a super low chance of this happening, not now not ever.
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Actually we can decrease the decimals by adding a initial in the name for example, mBTC which valued at 0.001 and μBTC which valued at 0.000001 and of course satoshi or sat which valued at 0.00000001. I know it complicated thing more but if you think further we can easily used to this by using daily and it will be easier and clearer for them if they get used to it.
But indeed it bitcoin has a complicated features and to be able to use it you wanted to understand each and every aspects which can easily find in the forum but its too complicated for those who don't use computer a lot, I guess the key for bitcoin's success is technology.
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Hodl means waiting from one coin to go low before buying, afterwards wait for the opportunity to sell when there is an increase in the value. Basically it means buy low, sell high and you will hear it more from traders and for us it is actually a law that should not be violated.
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As expected South Korea will be one of the majority who will most likely to adapt crpytocurrencies as they are curious about incoming technology and they are ahead of technology from other countries, they adapt cryptocurrencies since they wanted to be ahead with any incoming information and with knowing that cryptocurrencies has potential it obviously needed some attention, in other countries government won't allow any news that will maximize the relevance of cryptocurrencies since they are political biased and wanted to get attention from people for them to get reelected and to corrupt more money.
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If that happens the current state will be stabilize and what the market has will now be normal, it won't be a thing and there is nothing different if the market seems to be not good but I doubt it will happen, anyways it will worsen the impact to the people and that will be the biggest problem since there would be some stopping to trade and some that hesitates to try because of the situation with the market not being organized.
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other than the price, what difference happened to BTC in 2018 and 2017 ago? then what is your hope for the future. according to your personal experience. thank you!
Since it is considered superior among the other crypcocurrencies there is no other update regarding the purpose and the overall usage, the only thing that is happening between the developers is that they fix issues and since the original creator cannot be found it is not a good thing to change anything and in fact it is a coin that is almost perfect in overall performance and usage. I don't think there would be changing regarding bitcoin but it is up to us to change how it is being used.
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I don't think it would reach $7k in just a few hours, if I were to speculate my speculation would be that it will go $7k by Tuesday with the up and down of the value it would take more than an hour to reach that level and even if its going down too the majority of price change will be up but it will be slower from the other month were bitcoin goes from $5,900 to $6,400.
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Hindi kasalanan ng bitcoin na bumaba ang value ng currency ng kanilang bansa. Kasalanan iyon ng gobyerno nila mismo. Dahil sa korupsyon at maling pamamalakad kaya sila lalong nalulugmok. Tinuturo na lang nila ang bitcoin dahil ayaw nilang aminin pagkakamali nila. Pinapahirapan lang nila lalo yung mga mahihirap sa bansa nila.
Sangyayon ako sayo, hindi nakakaapekto ang bitcoin ng diretsya sa kanilang currency value, ang nakikita kong dahilan ng pagbaba ng kanilang pera ay ang pagbagsak ng ekonomiya, mahirap makitaan ng mali sa ekonomiya dahil kahit may mga magagandang bagay na nangyayari sa bansa hindi agad ibig sabihin non ay maganda na ang kanilang ekonomiya maraming aspekto ang maaring nababaliwala dahilan ng diretyong apekto sa kanilang curremcy, wala din naman akong nakikitang mali sa crpytocurrencies dahil napapalibot nila ang pera at naipapasok ang pera sa kanilang bansa kapag kumikita ang kanilang mamamayan.
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yes, for sure i believe ethereum price will hit $500 again even more than 1K in this year just be patient if you want to get more profit by holding ethereum in your bag my friend
That too much for ETH, at this point the only reason why ETH is getting some attention is because of the update after that I don't see ETH will still go consistently up and my speculation is that ETH can go $800 but won't go any higher this year, maybe it can go up higher in the upcoming years but this year I doubt it going $1k in just a short time period.
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The lowest possible is $1 or under, there is always a possibility but as long as market is confident in its current value it can never be less than the current. I actually think that bitcoin can even go lower than $2k but of course I am not wishing it nevertheless the possibility is still there the better question to answer is when, when will it go down or when will it go up.
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It is hard to gain that much demand as of now since the market is way more than unpredictable, it cannot be manipulated by any means and the way it move is affecting the overall demand. The only way market can recover and bring more money is that it proves its volatility without that market will still be the same.
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I agree, cryptocurrency had more and more attention and now is quite a bit lay low and the chart is so stand by with upwards and downwards and if we can assume it is on static. The trend has changed and cryptocurrencies started to lose some demand for the reason of the scam coins coming one after another, and not just that with forex having its good views it is affecting crypto directly by others choosing a safer way than crypto trading.
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Its still on a slow phase but since it already reaches a $2k dollar from the value of almost $5k this past months a $8k is a high improvement and I can say the bull run already begun but still on spurt and once it reaches a $10k value I doubt that it will still go down and as long as the value goes over $10k it will still go up until it passes November and December-May will be the month of bitcoin start to have a low value.
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Everyone that knows bitcoin knows how unpredictable it is and the fact that there is a chance of the price going down in a short time period they need to consider the upside too and think how much you can earn if bitcoin price goes up again. The moment bitcoin find a successful run each holder gets an income depends on how much they stored the more bitcoin you have the higher the income you can get since if bitcoin goes up your profit will be based on percentage.
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The immediate response will most likely the reason why it is still pumping, I don't even see any reason for it to pump but it still goes up anyways. Another thing that causes pump is to traders that wanted to gain profit with just converting it when its high then convert back when its low in this way you can have an easy profit just by letting yourself go to the wave of the market.
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If that happens ICOs will suddenly collapse as the majority of users will reject, there will be no upcoming ICO and cryptocurrencies will be nothing but a history, anyways I doubt that such thing is possible as cryptocurrencies is being treasured as it is a new generation of currency that is not fully processed or completed once it reaches its full potential it will be the end of fiat generation and a new currency that can be used online will emerge.
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The unstable of value is the one reason bitcoin and other crypto cannot be used as a payment, for some big businesses it is okay to do so but realizing how much you earn but they will understand how much they can lose to since if you look at the price ranged from October 2017 to 2018 price goes down over $10k and for a business that accepts bitcoin that event is a disaster.
The other reason is they need to adjust the value of a certain product for its respective SRP and for that reason accepting bitcoin will cause too much work.
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With the amount of time needed in able to rise crypto I doubt there will be a big change or it will go up in the short length of time, probably there will be slight changes but we can barely see it as the changes is from separate coins and not as the whole crypto, if bitcoin continues to go up altcoin has a possibility to go down since they have a indirect proportion there is a low chance of changes if we talk about crypto as a whole.
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