With the bitcoin value sky rocketing, have faucets become useful and worth the time spent now? And not only bitcoin faucets but altcoin faucets too, I think with such high value of every coin in terms of dollars, faucets can no longer be considered as a wastage of time. What do you think?
Faucets are a waste of time for those coins that has a very high value today like bitcoin. You can use available faucets for coins that are yet to explode in the future. It is just completely unusable for bitcoin.
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So... when to buy Bitcoin? Now.. as it's about to hit $13,000, or wait for a slump?
I hope you bought some this week when the price hit that $13 000 point. The price is rising again and many experts predicted that it will jump in the first part of 2018. It can happen in january probably, the same with other alts out there.
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For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
It cannot replace a currency because it is very unstable. And people invest on bitcoin just because the money moves fast and it is about the right timing, when you invest in a lower price and then the price jumps high, then you will generate a great amount of profit. And that is how bitcoin became popular for many people who knows how to invest right with cryptos.
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Yes, especially those who believes that the new era of technology with digital currency will come sooner. I hope it will be legalized by many countries worldwide. There are people like Bill gates who said that bitcoin will be the future so these means that there are rich people who believes in bitcoin and most probably invests in digital currencies like bitcoin
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Bitcoin was a much better investment if you bought years ago. You can still invest today but there is no great return guaranteed as there is no real proof that bitcoin will still go up so high this coming 2018. But in my opinion it will, you should also give some other coins a chance, invest your money not only on bitcoin but also on alts that has a great potential of increasing. I suggest XRP or ADA but there are some other coins out there that has a great potential, do a research or ask experts.
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Does anyone else regret that hasn't invested in certain Altcoins that now rose 400-800%? Because I regret it a lot. :|
If you have the capability of investing in the past months, yes you would have regrets. I just moved on from that fact because it won't provide any help. There are an increasing number of alts that means there is also an increasing chance of investing and being lucky when your investment grows significantly. So for everyone who can read this, don't be so down because it is never too late.
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Its said that all coins will pump in Jan 2018 and advisable to invest in Dec before year ends, how true it is and what is future prediction for main coins? Will jan 2018 be a month when coins will pump?
Surely it would. The dump happened because of the holiday season, many people use their coins to buy something. It usually happens and it would recover fast by the start of 2018, so if you have plans in investing some of your money on bitcoins or alts, you should do it as soon as possible.
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to be honest, it pisses me off when people say Bitcoin is a Bubble. like, come on, you haven't seen how long btc has been around and how much it grew? and you speak as if it just appeared from no where instantly?
If thats how those people view it, then so be it. i have no time to argue with people that doesn't know anything about bitcoin and just say "meh bitcoin is a scam"
People who speaks about bitcoin being a bubble are the people who does not know much about its origins, its capabilities and strength and most importantly they don't have any bitcoin so we should not believe them. They are just basing their words from the stereotypical sense about what bitcoin is. But truly, bitcoin and all these cryptos will create a new era of technology for the world.
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Hey guys,
is it possible to track which coin went to which address through etherdelta? Or not ?
Greetings
You can view every transactions you made with your address by using the platform of ethplorer.io
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The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
Government would not want a decentralized digital currency to be implemented in a particular country. They would want a currency that they can control in order to provide protection for their people. Uber became the largest taxi service because it provides the best and efficient transportation for people. Many people use bitcoin but there are also a lot who were scammed and affected by the fluctuations of bitcoin, the government does not want these things to happen a bigger number of people that's why there are now centralized currencies being adapted by banks to provide efficiency and a faster way of transaction but with greater protection for the users. And it is growing much today, ripple and neo.
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Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
It cannot happen. Bitcoin is considered a big threat for some countries. There are a lot of bitcoin related crimes, mainly scams which affected many people but the suspected people behind the scams cannot be traced because of the anonymity that bitcoin provides.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets. The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
You cannot compare a very unstable asset to a completely strong and stable asset like gold. Gold has been the currency of the world from the very beginning of civilizations and then there comes the coin and paper currencies and now the digital asset. A digital asset cannot be used in every place in the world, but gold it is accepted everywhere even in a place where digital technology is not present. Gold will live until the end of time but digital currencies might not last forever.
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Yes, the price is down. We've seen how it is able to reach almost 20k usd and I think it can surpass that point next year. The price will continue to rise. Don't be fooled by the fluctuations. It always recovers and the price becomes higher compared to the present rate.
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Buy Ripple, we have seen how independent ripple is and how strong it is when we saw almost every coin's price falling while ripple is gaining a bit. Bitcoin affected most coins especially those on the list of top coins except for ripple. I never expect ripple to have these gains in the last few months but I now realized its potential.
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I'm really disappointed with myself now because of Verge. Way back June 2017, I bought $200 worth of XVG and I sold it last week a day before the pump happened. It could be worth more than $5k now if I just HODL. Well, I need to move on and learn from this mistakes. This will be a lesson for me to have patience and wait for the right time to sell my coins. The reason why I sold it was because I need more funds to buy another coin. I'm happy with the coin I bought because I can now see that it is now starting to pump. Maybe, I'm just half disappointed every time I'm seeing the current value of Verge. I bought some XVG again and will surely hold it this time. I hope that this experience of mine can be a good example for everyone especially the newbies in this community. Every coin you have, just hold it. Things like this is a lesson for all of us who did not believe in every coin's potential. When a coin that has a potential dumps, it would disappoint us but don't lose belief as it will later pump and you will have great gains. I also experienced these types of circumstances and had many regrets but I need to forget it and see it as a lesson in the future. Hold on for dear life!
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I've seen older posts on this and my comment was deleted. My question is, isnt there a limit? Everyone seems to have a different answer but I am wondering if a transaction can be stuck in limbo forever? I know of one which is stuck for 16 days so far and counting, till now I have not seen an older one but wondered if there are others out there? With the recent surge in bitcoin activity I am wondering if this has now become a possibility. Are there any miners who can clarify on this.
You just need to put a higher fee so that your transaction will be prioritize it it will be confirmed fast. If you will put a much lower fee then the opposite will happen, it would take a very long time for the transaction to be confirmed. It could take 15 days or more for a low fee transaction to be completed.
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I'm planning to buy some ETH, will it hit $1000 in 2018?
Need your suggestions
The possibility is big, the expanding crypto world is affecting almost every cryptocurrency. Ethereum will be greatly affected, plus the growing number of ICOs helps ethereum to grow more and have a more stable price.
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Litecoin is officially dead, why you may ask?
What Litecoin used to offer:
ASIC Resistance GPU Resistance 2.5minute blocktime
What Litecoin now offers: 2.5minute blocktime
Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.
Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.
Then you are completely wrong today, almost every alts rocketed this year and litecoin is one of the coins that gained so much. It became a dead coin for some time but it clearly has a potential, and it did rose from the dead and gained so much.
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What do you think a about it? is it good or bad for bitcoin?
It is completely good for the reputation of bitcoin to have a lot of people supporting it. This would help the price grow more and become more stable at high price. Bitcoin's price is determined by supply and demand and with a great community means a large demand that results to a high price increase rate.
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
A simple way is to use bitcoin as a currency and not as an asset. People tend to pump and dump bitcoin especially traders and whales. If bitcoin is used as a currency, for payments in stores, in gas stations, in services and many more things in our everyday living that requires money, bitcoin would have a more compact price. But it is not bound to happen. You just can't control a decentralized coin unless the government takes control of those matters.
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