Theoretically with the bitcoin - in the intentions of Satochi - the banks should disappear because they no longer have any reason to exist. In reality they will not give up their power so easily, so they will surely find a way to regenerate themselves.
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A cryptocurrency issued by the government is a mockery by definition: the real crypto are decentralized and have no constraints or boundaries. When it is issued by the government, it becomes a normal electronic money and no longer has anything as a crypto.
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It is clear that the global market movement is so big that the crypto one is ridiculous. However, even if the bitcoin has been dragged down, it may be that this shock is positive and leads investors to head for the crypto. Let's see.
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Absolutely not, it is impossible - at least for now - to hack the exchanges. Instead, there are many stupas among exchange users who do not take a minimum of precautions and then find the account emptied ...
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The market is controlled by the algorithm that keeps the blochchain standing. That's all. And everyone can verify the operation of this algorithm, because it is open source. Then, who MANIPULATES the market is another matter, we will hardly be able to find out.
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Even if they have processor and memory resources, using mobile phones for mining makes no sense, because it would make the phone virtually useless and would destroy the hardware and the battery.
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It seems to me that it is exactly the opposite: politicians will take advantage of the anonymity guaranteed by bitcoin (it is not difficult, with any scramble) to receive money in secret. So, MORE corruption.
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Hello dev, I'm participating to the Gigtricks bountie, but I don't understand my position, as the spreadsheet is not updated.
Moreover, I don understand why there are TWO spreadsheets, and if I have to register again or something so.
Let me know if everything is ok.
Thank you in avance for your support.
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Everything evolves, and money is no exception. Bitcoin is probably the next step, although - given the social and political implications - it will still take a long time before it is really accepted.
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It would be nice to see a sudden and spectacular growth like last year, certainly we all hope, but it is very unlikely. We are probably witnessing a settling of positions, which - except for surprises - will remain so for a long time. Then, who knows, anything is possible ...
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Most of the projects are definitely dead, and many of them have been for the sole purpose of cheating investors. But there are also many excellent projects that now suffer because of the general mistrust. We hope to get some clarity soon, and that the valid projects will recover
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The real question is whether cryptocurrencies - especially altcoins - will ever recover, after a 90% loss that seems to have become consolidated. Now, everything is possible, maybe there will be a new surprise. But for now, no signs are visible.
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There are no "manipulators", there are simply big players who have the opportunity to influence the market, and obviously take advantage of it. If we were able, we would do it too. For what concerns us, we can only try to understand in which direction the "manipulator" will move the market, and go after it.
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There is always someone who knows one more than the others and makes statements that could also be true but can not be verified. Institutional players may invest secretly in the cryptomarket. So what?
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Any event has an impact - small or big - on the economy, and obviously a natural disaster has a powerful and - usually - negative impact. But this is independent of the currency that is used, so I do not see any effects on bitcoins.
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Wallets are virtually impossible to hack, if basic security rules are respected. But surely your computer can be hacked. So, maximum attention. And beware: you do not know you've been hacked until it's too late ...
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Volatility - and relative risk - is a characteristic characteristic of all cryptocurrencies. In the last period, in fact, volatility seems to have diminished; unfortunately, however, it has leveled down. Perhaps it is the quiet that precedes the storm: either it explodes again, or it finally collapses. We'll see.
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As usual, journalists write without knowing what they are talking about. It is obvious that the banks are observing the crypto world, also because they feel threatened. Equally obvious that some investment - perhaps not too obvious - they did. You will see better when the rules will be clearer.
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Ethereum is a very solid platform, but it has certainly suffered from the excess of bankruptcy coins that have been built on its base. In fact, the whole altcoin industry is suffering, and frankly even bitcoin - with all its volatility it's pretty stagnant. Let's see if there will be encouraging signs in the near future.
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We are all trying to make predictions, but it is really difficult. Surely it is a special period: after the boom of last year, it has been since January that the bitcoin oscillates between 8k and 6k. But in the meantime, ethereum and the whole altcoin sector has lost 90% If there is no trend reversal as soon as possible, there is a risk of total collapse.
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