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The price of bitcoin can really go up to $ 60,000, and then suddenly drop to $ 1,000 due to some bad news. To this variant of events it is necessary to be ready. However, after that, it can rise again, however, apparently, after that, it will not reach such large values, as investors will be afraid of repeating the same fall. Most likely, after that they will invest in other types of crypto currency, and bitcoin will then have the same value as most other coins. However, as it will be in practice, no one can say for sure.
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If bitcoin reaches very high price values, it exhibits a bubble property. Well, what of it? While bitcoin is not very risky due to the fact that it has not yet risen to critical values in the price. Therefore, it does not pose any danger when investing it. And in principle, the nature of the crypto currency is not well understood. Maybe for fiat it would be a critical condition, but for crypto currency it's normal. While no one can say for sure. Therefore, such panic is premature.
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MyEtherWallet wallet was and is one of the simplest and most reliable digital wallets. Its digital key can not be opened, and having only a digital key, it is possible to enter the wallet from any device. It also has a very useful feature for etherscan. io, which provides an opportunity to view the contents of the wallet without entering into it. I would not trade this purse for others.
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Bitcoin was the first crypto currency people heard about. Most of them still know crypto currency only about bitcoin. Therefore, interest in bitcoin grew and became very significant when it began to grow dramatically in price. Price growth again increased demand for it and bitcoin began to continue to grow rapidly in price, until it reached its present size.
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I don't think centralized cryptocurrency can make much of a difference for China. Cryptocurrency should be decentralized by itself, rather than controlled by a government. In any case, let China create such a national centralized crypto currency, and we'll see what will come of it and how it will benefit, especially outside of China. And it turns out that the Chinese government talks about it for too long, and such a centralized coin has not been issued for a long time. The best way to prove the uselessness of a centralized digital coin is to show its inconsistency. |
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Hello community!
What do you think about popularity of the bounty campaigns? I see many new participants joining bounty campaigns, especially Twitter and Facebook. With more and more new participants, we will earn less and less rewards, also many of potential buyers would rather join bounty campaign than invest to ICO - again less rewards for bounty participants.
I hope that we will see some regulations here and bounty campaigns be more strict in rules and they will choose only the best participants.
So, what is your opinion, guys?
In fact, the limitation of the number of participants in the campaign of generosity is already taking place, however in a completely unexpected way. Facebook and Twitter have already announced the ban on advertising ICO, they are likely to be followed by other social networks. However, it is not yet clear to me whether such a ban will spread to the participants of the generosity campaign in these social networks. But the limitation of the participants in the signature campaign at this forum is really due to the introduction of the merit system. New members of the forum will not be able to get them practically, no matter how they try to write quality messages. In any case, at least until the full member of a hundred merits, they will collect for years. Therefore, there will be no special interest of newcomers to participate in the campaigns. |
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The project is very interesting and deserves attention. He has nothing to do with centralized coins. I just did not understand what is the benefit of this bank, if the owner of the digital coin will transfer his coins to the deposit, but in fact they will not be transferred to the bank for profitable use by the bank itself, but only be blocked in the purse of its holder?
I tried to find additional information about this project, looked his team - mostly specialists from England and the United States. However, I did not find any information about the ICO. There is no ICO project from the XOV campaign at this project forum. Therefore, I have a question: will the ICO be conducted and, if so, at this forum or elsewhere. Where can I join this ICO as a signatory campaign participant?
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Until September, the market of crypto currency can develop, but I do not expect a big rise in prices. In addition to various conflicting tendencies, we can get the headache of Tokyo's Mt. Gox, which from September can throw out its 180,000 bitcoins in installments to pay off its debts to creditors. In anticipation of this eventual event, bitcoin is unlikely to grow well in price. Why invest a large amount in bitcoin, if after September it can again plummet in price.
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We already know the Chinese bank is developing its own digital currency. And we all know it should be quite different from cryptocurrency which we like, they're just replacing paper money with digital currency, which is still centralized.
Of course, all national crypto-alyuts will be centralized, states can not issue decentralized digital coins. However, I recently read in the news that China is not in a hurry to create its own digital coin. While we do not see how effective or useless national centralized digital coin. Only Venezuelan Petro appeared, but there immediately appeared problems with the legislature, which recognized this coin as illegal. However, we need experience in the operation of such centralized coins. If they fail, this may indicate that the most effective crypto currency can only be decentralized. |
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Do you buy btc at this time?
If earlier bitcoin was a priority in investment, now the situation has changed a little. Now bitcoin is not the most successful investment, as it has accumulated many shortcomings, which are still not completely eliminated. At the same time, many promising digital coins appeared on the market, which, in terms of their functionality, not only are not inferior to bitcoins, but they are far superior to it. Therefore investing in bitcoin is now one of the many directions for investing. In addition, the large price of bitcoin also does not contribute to the increase in demand for it. |
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I heard that the wallet MEW may not be used anymore, this information is true. So if the wallet MEW for some reason can not be used then can we use any other wallet?
Why write such untested or even frankly false information? The MyEtherWallet wallet was and remains the best and most reliable purse. Even in case of problems with its use, its secret key can be used in other wallets that will accept it. |
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ya you are absolutely correct as because more and more people are joining the bounty there should be some regulations.
In fact, the new signers of the campaign have already been cut off by the introduced rules about the need to have a certain amount of merit before proceeding to the next rank for the opportunity to get more tokens in the signature campaign. Virtually without merit, you can achieve a junior member. To get the rank of the participant you need to have ten merits already, and this is a big problem since no good reports you write, it is unlikely that someone will send you the merits. And to the rank of a full participant in general it is not really possible to reach even in a few years. Therefore, in the near future it is unlikely that the company's signature plots will become much larger than now. Who by this time managed to get the highest ranks, he now wins considerably. |
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We can say that this year will be the year of ICO. In many countries, the ICO process may begin to be regulated. The number of ICO projects may decrease, but the quality of good projects will increase. This, in general, will positively influence the popularity of the ICO.
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The signature campaign is participation in this forum in the promotion of a specific ICO campaign. Prior to the sale of tokens, ICO developers are allocated to pay for the advertising of their project in social networks and in this forum a few percent of the number of tokens they issue and announce the so-called generosity campaign. Signature campaign participants copy to the profile of their account a certain code offered by the developers of the project, and from below each information appears with the advertisement of the campaign ICO. Also from the rank of full member and above, you can wear an avatar - pictures with the advertisement of the ICO project. A potential investor can click on individual words of advertising and enter the ICO campaign sites where they can immediately register and buy issued tokens.
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You should not keep any crypto currency, but only one in which you are sure that its project will develop and this will increase the value of this coin or token. In addition, if a digital currency is acquired, it is necessary to monitor how its project develops, what prospects exist and, on this basis, decide to hold it or sell it. Just so buy these coins and expect that they will automatically grow in price over time, it's too presumptuous.
A lot of crypto-currency will eventually cease to be properly maintained by its team and disappear forever from the market.
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Is the Crypto currency real money, this question is difficult to give an unambiguous answer. On the one hand, ordinary money is actually improved debt receipts, which in general indicate that the owner of a banknote is entitled to goods and services for the amount of their denomination and this amount is provided by the country's gold and currency reserves and the total amount of the country's gross domestic income. In other words, banknotes are secured by gold or commodity. Crypto currency is not guaranteed.
However, the reality of money is probably a bit different. This is how we can attest to their existence. Crypto currency exists in blockchein and can be seen in encrypted form in numbers and letters. Therefore, in principle, we can say that in this respect, the crypto currency is real, since it has a real designation. The only difference is that these designations are encrypted and not spelled out on paper, but are on digital media. However, the stone age has long since ended and we are moving into the age of digital technology and they are quite real.
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Governments taking over cryptos? Are the things going in the wrong direction?  The success of Venezuela's El Petro that collected astonishing $775 million in just 1 day is making many crypto enthusiasts worried. The crypto currencies and blockchain were created to let people have a decentralized and government-free environment. With more and more governments taking over the market, the whole idea of Satoshi Nakamoto seems to get in the wrong hands. Iran and Turkey are planning to launch their own cryptos as well. Turkcoin will be backed by the stock of popular companies such as Turkish Airlines, Istanbul Stock Exchange and Turk Telekom. China main bank is preparing their own crypto as well. If this continues, more and more countries will jump on the wagon and sooner or later take over the market with their totally centralized cryptos. At the same time it also means more regulation, more stability and most important MORE MONEY coming into the crypto industry which is good for everybody, as the big companies and hedge funds will prefer to invest in the government based cryptos instead of traditional ones. Are the things going in the wrong direction? Or it's good for the industry? What do you think? Are the government backed cryptos good for the markets and will make it more stable or less volatile? The biggest drawback of El Petro, is the fact that he directly depends on President Maduro. In the sense that if Maduro will lose power, El Petro will completely lose his value. It seems that the president of Venezuela Maduro has already begun trouble. After he ordered to accept for payment El Petri state and non-state institutions, the National Assembly of Venezuela, being the legislative body of this country, recognized El Petri as illegal. As events unfold further, it is still unknown. |
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There was information that the reason for the current fall of the crypto-currency market was the sale by one of the whales in Tokyo during December-February of 20,000 bitcoins in batches of 6,000, 8,000 and 6,000, the last batch put up for sale on December 31 was sold only on February 6.
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I would not buy bitcoin at a price of one hundred thousand dollars. First, bitcoin with such a value would be very risky for investment. If the current drop in its price, as the news channels say, caused the sale of only 20,000 bitcoins in three batches, then one can imagine what will happen to bitcoin if some false negative information about the crypto currency is launched and people start massively discarding bitcoin.
Secondly, it is unlikely that at such a high cost, bitcoin will grow well in price. In the crypto currency market, many coins and tokens have already appeared, which bring good profits. Their number and diversity will only increase and therefore the choice for investment will be great.
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I read many pages of reviews about this purse. Virtually everyone speaks of MyEtherWallet only positively. There are several cases when it was stated that this wallet was hacked, but it turned out that they went to a phishing site. Still MyEtherWallet is one of the most convenient and reliable wallets.
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