People in the world of cryptocurrency are all hoping, expecting, praying and also wishing that come the end of this year -- December 2019 -- there can be a bull run for both Bitcoin and the rest of the cryptocurrency market. Sadly, things are not yet picking up and I am not seeing big signs that we can have it this year.
I am concerned that if there will be bull run (even a mild one will do) this year, we can be starting the year 2019 with a gloomy mood setting up for the rest of the year a bearish situation. Of course, not unless maybe there can be that ETF thing approval from SEC maybe that can be the big difference.
All are just predictions that base on data of last years. But at now, there is being a recovery and increasement quite good of Altcoins. With Bitcoin, I see that it is being under controled price around 6k-6k5. This is good opportunity to capital flow transfers to Altcoin
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Nowadays there are so many exchanges in circulation, if we look at some of reviews, there are already thousands of exchanges, I want to ask you all, what are the best 3 new exchanges in 2018?
According my private opinion, I think top 3 trading exchanges in 2018 is this : Binance, Houbi and OKEx. In addition to they have large trading volume, I like and appreciate them because they are very interested in the user experience and have many attractive events
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Now, the price of Bitcoin is being kept at around 6000-6500 USD. I have a prediction that this price is controled by some people, they want to keep it before pump . So, maybe have the price increase of Bitcoin at the end of this year
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Many people compare crypto to gold, and I see so many similarities as well.
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
I think cryptocurrency can not achieve stability like as gold at least 10 years more because almost coins now are used to trade and exchange but not use for applications in real life. So, it completely doesn't have the stability to save like gold
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I think this time in mid-July is the right time to buy altocoin that has been popular .. to hold up its price rise .. because I observed already about 6 months bitcoin prices declined after the new year yesterday .. and now in the middle of the year when it will back up the bitcoin price.
What do you think? is this a great time to buy altocoin?
This is the season of Altcoins. Many coins are having the good price to buy and it shows the growth in short and middle term. You should choose coins which have big volumn transaction, it will bring to you a pretty profit if you hold till at the end of this year
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as we know that there are too many coins in circulation. What do you think of choosing a good coin to be used as an investment?
There are two choices for you: - First: coins which have volumn transaction and market cap are big (coins is in the top position on Coinmarketcap), but to earn good profit, you should have a huge investment money - Second: new coins which often have volumn transaction and market cap are small but when it go up, your money can be multiple 5 -10 times, even up to 50 or 100 times, but however, you can lose everything when it is not pumped price anymore
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Bitcoin is the oldest and most valuable cryptocurrency, but a crop of nimble competitors, including Ethereum and Bitcoin Cash, could lure investors away.
In the future, there will be lots of good coins which have the certain effection with our everyday life and in the market but I think no any coins can replace Bitcoin. If Bitcoin collapses, this market will be die
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I will give you a simple example. Remember that when debit cards appeared, people also treated it with caution, because many did not understand how it works and why it was necessary? but after they began to understand, they realized that it is very convenient and makes life easier for us, the same applies to cryptocurrency - this is the newest technology of the 21st century, the world does not stand still and every day invents something new. Therefore, I believe that coriptocurrency is the future, we just need more time for the whole world to understand this technology. what do you think? I totally agree with you. When a new technology is borned, all have to go through 3 periods: shape up, stability and develope. I think we are in the shape period and it is also like as Internet in the past. At that time, someone said that " Internet would not be comparable to the transmitter". How is it now??
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If ignore elements about decentralized and there are a large amount of XRP tokens is in the hands of Ripple's founders, Ripple is really good coin with what it can do in the future if bank system in world use it. I think the price of Ripple will still raise strongly at the end of this year and the early next year
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I ve been having interest in chrypto market thing in Bitcoin and I m looking for some other platforms to invest in.
You boys know any other platforms that offer us good income, features and benefits?
If you choose a good platform to invest , it is unsure to bring profit for you because in this market, one coin has good platform is not also sure to trade much. Anyway, there are also some coins have both elements (good platform and big volumn transaction) such as : NEO, Qtum, Nano, IOTA
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I answered at the beginning of the year that is a great time to buy. I think now is not a bad time either.
I think that buying at this time is better than the beginning of this year because NEO is being close to its bottom price. You can not know exactly where is the best price to buy, but 16 USD is also reasonable
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Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
Almost goverments ban because transactions that base on cryptocurrency and blockchain can not manage and they are afraid money laundering activities which involving the crytocurrency and they will lost a quite big tax
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This thing will happen if almost people whole the world accept to use cryptocurrency to exchange and use blockchain to storage personal transaction data. Employee of bank will not need much as now
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If this will happen is it possible that decentralization be compromised?
This thing just happen with coins which serve for banks and have purpose in transfering coins instead of cash. But with other coins, their purpose and technology don't involve bank that can not unite
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What do you think guys is the best to do at the current market situation - are people better of mining cryptos rather than just buying them from market exchanges and wallets?
Now, Mininng is no longer good choice because the profit that it brings is approximate with the electric cost. So, you should use this money to buy Altcoins at this time. Because now there are so many good coins which are having good price to buy
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Why do you think that two coins is great coins to invest now?? Can you give me some reasons for that. I really don't know about this two projects. At this time , I also want to find some good Altcoin to hold till the last of this year
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I await your reasonable arguments. In my opinion, the trend of Bitcoin three last months in 2018 will sideway between 6800 USD to 6000 USD and the worst situation is Bitcoin will test again the price 5000 USD
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The most important thing is that: what do you want to spend to earn?. If you have time but not have money, you should do Airdrop and Bounty and then, you can use this money to invest other coins
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Hacking is one of the biggest obstacles to the cryptocurrency market. 1- Ever been hacked? 2- Lost your coins in an exchange hacking? 3-Did the exchange pay you back for lost coins?
Please share your story, and give some TIPS on how to avoid being hacked.
I have lost all Altcoins in Myetherwallet wallet when I clicked the link to claim airdrop token and accidentally put my private key to sign in the fake wallet. Since then, I never do this again and not put my private key anywhere else in internet
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in your opoinion what are the disadvantages of altcoin ?
Any coins all have advantages and disadvantages, and it depends on which technology that it is running. I think there is one only general disadvantage for Altcoins is that easy to be controled 50% by someone or some groups
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