With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
and whose fault is that? lets say from tomorrow your super told you he is accepting bitcoin as your rent, the restaurants and groceries store and all the shops started accepting bitcoin in your town. now tell me, in the next month when you go shopping, pay your rent, etc will you be using bitcoin? the answer in most people is no.
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Bitcoin: do i even have to explain why Litecoin: the brother to bitcoin, it also has been very active this year, with SegWit + Lightning Network + Atomic Swap + Charlie Lee on top of it, this coin is a viable holding material Monero: the solid anon coin your list is a long list of altcoins most of which are horrible long term investments despite being very good options for trading. and even if you don't agree with it you must agree that you are holding a lot of them. you are not really reducing the risk by increasing the number of coins in your so called "portfolio". just reduce the number of different coins.
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ah, this changes things a little. if there were no premine crap like this, i could have seen this coin to be a nice option for pump and dumps and consequently as a good option for mining too. but depending on what they are going to do with that huge amount of premine things can go different ways.
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If it's true Japan will become the only country where ICO will be legit. Plus EU, but they are not define their position yet if I'm not mistaken.
in other countries things like ICO are already illegal bro. the only reason you never heard of it is because the news didn't make it big and everyone usually enjoys the China news no matter if it is true or false. and if you look at all these "Korea" news all of them mention China one way or another
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No detailed info. No whitepaper. This coin will be listed in Yobit as usual. There is no place in Bittrex for this coin. We already have too many forked coins and all of them used to pump -dump and other things but not for investment and daily usage. i will not mine this coin for sure
it is not yet released and there is 25 days left to the deadline they have given. the Code is already ready and available on Github if you like to take a look at it and see what are the differences between this and bitcoin. i don't think it will be a Yobit shit coin but at the same time it won't be anything really useful either. as i said above my speculation is that because of mining this can potentially turn into a nice pumped altcoin.
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that title of the article alone calling Burst the new bitcoin and additionally it being on steemit platform lowers the value of what it says. then the chart you shared does the final blow.
this coin is currently after a pump which means its bubble is still bursting. you can see price is lower than the time you took the screenshot. although the high trading volume of it shows it has potential of some rise in the near future but it wouldn't expect "moon" out of it specially since it was recently pumped.
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the first rumor about Confidential Transactions in LTC came out a long time ago and they have been working on it ever since. i have high hopes for this one. it will add a very nice new feature to Litecoin which will make it unique in its kind. this also can potentially lead to another big rally and be the start of the next price rise.
and also in the long run it can be a real actual use case for Litecoin and make this coin a viable option as a currency now with high privacy.
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i think this can actually be a very interesting new altcoin only because of its way of mining.
you see in a short while ETH mining will die for good. then inevitably ETC will also follow. that means a huge mining community with a lot of hashrate will be left behind with nothing to mine and make the same profit. there are of course other altcoins but with not the same profit as the pumped up ETH used to give them.
this new coin is a good option for GPU mining and it is even in its name! that makes it a good option for them and collectively it can be pumped bigger than ETH even.
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... * Bitcoin has a first mover advantage * Ethereum is less known and younger ...
the reason that bitcoin has advantage is because it has real usages. it is not just a token to invest in and get money from, that would have been dangerously close to a Ponzi scheme. instead bitcoin has real world usages as a real currency and that gives it the advantage. ETH is less known because it has no real world usages. it is just a token to create smart contract with. it is not a currency and all the smart contracts have been ICOs to get money from people not to actually do something.
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I will wait till 5000. And buy it every day. normal people buy in the dips and before it is out of their reach. although $5000 is not the end but you will already be missing out on a lot of profit. just as you have missed on $1000 profit so far. when this topic was started the price took a dip during those days which made a good buying opportunity and now we are about $1000-$1200 above that price. and this will soon be $2000, $3...
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none of the above because China doesn't care about bitcoin as much as the media has been showing it to be like in the past month. and i assure you that soon enough things will go back to normal and everyone will forget about China until another price correction is needed then FUD machines start up again.
your picture captions should be this: the cute train: whales who bought bitcoin from weak hands the angry red train: newbies who had weak hands and sold their coins cheap just because of some random FUD.
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the advertisement done by ethereum team has been very good. that is why there are so many people who are passionately and emotionally supporting it. and that is one of the reasons the price is still resisting all the dumps that are happening and slows down the downward slope to oblivion next time you saw that guy instead of punching him ask him what was the usage that "he" got out of Ethereum aside from investing in it. then show all the thousands of merchants that are accepting bitcoin to him...
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Seems countries are now meditating in creating their own digital currency just like bitcoin which is now used by millions of people daily as a payment option and investment purposes.
it is not "now" you just created another article without studying first. they have been talking about it for a very long time and they have also started working on it for nearly as long. there are a couple of countries who have already released the name and some information about it also. like Indian Lakshmi coin. all of them will have 1 thing in common: centralization.
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But is it decentralized obviously NO. and that is going to always be the edge that bitcoin gains. additionally i do not see what would be the point of making such a coin which is also heavily restricted to one country. with bitcoin in 2020 every person in the world who owns bitcoin (which is a global currency) can go to Japan and start spending without worrying about exchanging to local currency nor paying taxes.
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I have read days ago that there is already a complaint a'lodged against him somewhere in Europe.
it was in Sweden, the same place that all those bitcoin purchases through their firm took place. and so much good it did them! He just came on the media the same day and continued the FUD without giving a rats ass
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why do you think the "whole cryptocurrency market" will be affected by the news about bitcoin's adoption?!! it will be just bitcoin and it will be a short rally in short term because of news. the altcoins may even drop as the bitcoin market rallies and takes all the money like a big magnet from the rest of them.
and in the long run it will still be bitcoin that gets the publicity through Amazon not altcoins.
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they didn't really solve anything though! the fork was just a roll back to get their money back because in fact the Ethereum foundation had a lot of money at stake inside this exploit. as a matter of fact the similar thing has happened with some other cases but they were small and the foundation had nothing at stake so no "roll back" happened for those
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let me ask you a question:
which one of these ICOs hat are at least a couple of months old and have already gathered a lot of funds and have been around long enough after that, have actually done something in real world?
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i am doing living on trading cryptocurrencies but i have been also thinking about it. the profit is very unpredictable and the market is not always good. but when it actually is good, you can make an unbelievable amount of money from it if you dare enter and are skilled enough to when to sell and don't get emotional to hold longer than you should.
and that is the issue that i have. if want to go full time trader mode, and market goes down and becomes unpredictable like these days with not much profit, that will be a month without anything earned. and when you are living on trading alone you will find it pretty difficult.
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