http://www.bbc.com/news/world-latin-america-42217798BBC reports Venezuela is moving to Petro coin to fix economy. Will this help? Will it hinder things? Will it bring negative light to crypto? First country to go totally crypto? Personally, I see more inflation and Petro failing terribly. I do not think the country is ready. Anyway this is just my opinion but how about the poor? Do they consider them? Crypto coins are volatile and I do not think its good for them to use. For me it is too risky for them. |
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Big Banks are so nervous about Bitcoin because BTC came about to disintermediate third parties. Banks are definitely unnecessary when making transactions person to person, especially across borders.
You are correct! There may come a time when their clients will decrease or worst than that. In terms of investments, if blessed, bigger will be the gain in crypto world than in banks. Unlike in banks, even for a short period of time, there can be a bigger profit. |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
So you need not be afraid your wallet will be snatched since you are not bringing such big amount of fiat money. Upon leaving home you will not think and afraid that someone will get your cash in your locker.It is good but I do not think it is possible today. Maybe in the future, when all can access the internet. All meaning, people regardless of status, poor or rich. |
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
Volatility of the value of bitcoin is also important since there can be lots of investors. However, its stability is also important when it is used in payment of bills and other transactions that need fix amount of the currency. If the value is stable, then uncertainties will be vanished. But I think the fluctuations of the crypto currency is unavoidable. It just depend on its demand. |
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OMG! btc prices continue to decline, most likely the price of other coins also decreased.
we need improvement in the face of this situation.
in my opinion 2018 really a lot of surprises.
I am hopeful to that too. If for the last years crypto currency is doing well maybe this year is better. The decline of the price is maybe just the beginning. We will just be patient and work hard for the success. |
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Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice  My friends if you think that when you sell your coins right now and gain 20% profits of your investment then its better to sell your coins. But if you think you lose your capitals because the price is very decreasing. Then my advice is better to hold your coins and wait until the price recover to rank up in higher value. |
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There a lot of forked coin from bitcoin, go to wikipedia and type bitcoin fork. All kind of bitcoin fork will show up such as bitcoincash, bitcoin diamond, bitcoin gold etc. They can chose whatever coin they want to invest, every body got their own mind about it, and if that fork really improve something such as reduce fee and make faster transaction there no time to wory about wich one is real.
As a newbies you should do a reaserch first before you are planning to buy some coins for your investment. Because it serves you as a guide to choose the right coins. The reasons why some newbies are picked the wrong coins because they don't have enough knowledges an idea what is the right coins to choose. |
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Hey crypto-buddies,
I decided to create checklist for scam ICO´s
100% profitability - Guaranteed yield: any funds, ICO projects and investment platforms, that promise a stable interest are likely to be scammers. These are, as a rule, projects of cloud mining, casinos and projects related to binary options, as well as those where the sale of tokens is carried out according to the principles of net marketing: existing investors attract new ones. And, of course, the pyramids, in which old customers receive payments from the contributions of new customers, until the pyramid bursts ...
Celebrities: musicians, athletes, actors who can not know anything about the blockchain and the cryptowrold, and even more to be the guarantors of the fact that this is not a scam, seems exactly the opposite.. Celebrities are used to distract investors from the essence of the project, which is most likely dummy.
Team analysis - It is suspicious that a project team can not be found in social networks or when team members are not connected with each other.
Unintelligible concept - to check the concept you need to study white paper – document, where described the idea of the project and the purpose of raising money. In 90% of cases, scammers compile several documents, and the originals can be easily found in the Internet.
Structure of project costs - If 10% of the investments are reserved for team, 10% will require development, and for marketing will go 80%, then this is a guarantee of the scam. It is also strange if there is no plan for future "monetization" of the project, also a bad signal if there is noticed a lack of investors protection.
Token description - If it has less than two-three functions and it can be replaced by any other altcoin or bitcoin, then this is another bad signal.If the token is not integrated into the project economy, then probably its purpose is simply collecting money. While choosing a coin, you must first think about its use - who and why will buy and use this coin. The second - about the problems that this coin solves. If it does not have these signs - do not invest.
Project Code - It should be uploaded on GitHub and a simple research in the Internet can check the code for plagiat. If the project does not have a link to GitHub or topics on the Bitcointalk, it's a reason to think twice.
Legal structure - should be described in details and easily understandable (at least about the persons issuing tokens)
Investor´s rights -The rights of investors and their guarantees should be described.
The issue of tokens should be within reasonable limits and controlled
UPD: TOGETHER WE CAN CREATE LIST OF SCAM ICO'S, YOUR THOUGHTS ?
Thank's for your effort and concerned my friend, this is very helful for us, it's serve us a guide about to choose the right ICOs.Because through this information that you give us we must be aware to be the victims of the scammer's ICOs this is great!!. |
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There are so many scams that have come into my life since then I bitcoin because I was wearing scam sites and bitcoin doublers because I did not have the bitcoin experience then but now I'm thinking about how much I already know how to earn
I have not incounter scammed from my account since I join this creation. But it doesn't mean that I am very confident about it. Because scammers are everywhere they wait the right timing to hacked an acount especially those account that are not properly log out by the owner. |
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I would say that's it's natural to see such dumps after a long pump that happened during the last two days. Some traders try to close their short positions and get a profit from such volatility. But I prefer just to wait, because it's too risky for me. I expect that the price will go up again tomorrow.
This situations is very normal that all cryptocurrencies incounter dumping and pumping there price value. It's depends upon the demand and supply in the market. So as we an see now the price of all cryptocurrencies are slowly to moving up. But we can not predict how long it goes. Maybe tomorrows it going to red agin or maybe there is a continuously improvement of moving up the price of all cryptos. |
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true indeed, patience is the key to success. last week bitcoin and altcoin prices have decreased. and today it is going up again. it proves that cryptocurency will not disappear, then we do not have to worry. be patient.
Yes, I will agree that patience is the best way to gain a successful decisions, it's lead us to the right direction.Like what you have said from the last few weeks bitcoin and altcoins incounter deflating their price value in the market cap. Many people are going to be panic some of them sell their coins in that lower price. But now as we look at the market cap. The price value of bitcoin and altcoins are going to recover the price are increasing. |
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It's high time to overcome the barrier and fly to the moon! I hope so, but I am not sure that there won't be one more dump (or even more) before this
Yes guy's I am very happy to see this price of bitcoin and altcoins starting to jump high. We all hope that this improvement will be continue flying high to the moon. |
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now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly, if bitcoin decreased what should be done?, whether the investors will lose?  So this situation is facing two sides the positive sides and the negative sides. The positive sides of this situations is the price value of bitcoin decreasing. So this is the best time to buy more bitcoin as much as you can because the price is very cheap.And hold it until the price of bitcoin increasing it's price value, for sure you will gain more profits. And the negative sides of this situations the price value of bitcoin decreasing, and if you sell your bitcoin for sure you will lose your investment. |
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We are same i buy my bitcoin when it's $18k a big loss for me right now but im still holding because i know market will recover.
Yes, guy's I also hold my coins, because as we looking at the market value of all cryptos as of now the price is very deflating. So it's better to hold than to sell. But this situations is the best time to buy more coins because the price value of all coins are very low. So you can buy more coins in a very lowest price. |
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Yes, of course everyone is afraid of hackers. Why should be not? They can easy attack your wallet, to gather the needed information and steal all your money, they can use your ID's and start spending money, and there will always be hackers, because the world is build from the computer guys. Some of them are good, some of them are bad, you just hope not to cross your path with bad ones.
Yes! My friend I will also afraid of hackers, because hackers can not be easily to be trace when they hacked someone's wallet account. But if we have to be vigilant to protect our private key's for not sharing other. Then the hacker's can not easily hacked our money in wallet account. |
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It is not a bubble. But it is important to choose carefully what you are going to invest in. For me, investment needs to be done for good companies or good projects.
Yes, friend I agree with your opinion cryptocurrency is not bubble. In pact until now their are a lot of cryptocurrencies are very successful in any kind of investment. It's just a normal situations, sometimes the price of cryptos incounter decreasing its value. And sometimes increasing because the price value of cryptocurrency is volatile. |
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the biggest problem in my country is corruption. and it is profoundly regrettably that the actors of corruption is they who have high position in government. there are many cases regarding corruption that drags office holder into it. and until now there is no solution for this big problem.
Poverty and corruptions are the biggest problem her in our country.. Many politician's who has involved in different kind of issue's in corruptions. And also the drug syndicates.this the main problems her in our country. |
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Is Satoshi is dead,If not where is he now and what is he doing right now..Bitcoin price is down sharply. Can he do something?
I think Mr. Satoshi is not dead. He hide himself and his family in order to protect his own identity and his family member. Mr. Satoshi is the man who created bitcoin but his identity remains until now a mystery. |
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My idea about poor people is not all about you dont have a money. Its all about how was your relation to our God who can save us.
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Even we are not deducted in our salary if we are by some in malls we already paying the tax. Tax no excuses even ordinary people.
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