I have heard some stories about making bitcoin transactions illegal. It's all been a humor and I don't think any government have officially made bitcoin transactions illegal. Why is that?
Many governments are trying to regulate bitcoin, control exchanges and force people to be authorized. But I am sure government wish bitcoin was not created and there was no trouble of regulating bitcoin. They prefer their fiat to any other currency.
Why no government have made bitcoin transactions illegal?
I think they want to avoid creating an underground market.They don't want bitcoin to be traded like Alcohol and drugs. They have to accept bitcoin as they cannot stop a decentralized network and now they can only try to regulate it. Do you agree with me? Is there any other things have caused governments to not make bitcoin illegal?
Bitcoin is accessible worldwide, so this coin does not have a clear standard. With a selling value that is easy to change. So the government difficulties to regulate Bitcoin, even at an unstable price, can make people lose. And its impact on local currency is of course very negative. Until now the government is still reviewing Bitcoin. And perhaps this year there will be more information from the Government about the development of Bitcoin, especially the clarity about the status of Bitcoin. |
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Bitcoin is capable of being developed by everyone. So to increase Bitcoin, many people use it to transact, such as for purchasing goods.
Many people feel that by transacting using Bitcoin is very easy and profitable. Even the use of Bitcoin is not subject to sales tax. So people prefer Bitcoin, making Bitcoin more popular and thriving.
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Various ways can be used for trading. Both of these analyses I suppose you should use. Because basically before we do the trade should do the analysis.
This crypto market price is highly volatile and often influenced by outside news. I before buying coins and doing sales, I always look at the price of the coin that is on Binance exchange. The exchange became my guideline for sales and purchases.
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Good time to trade when market conditions have begun to grow. As now Bitcoin price reaches $10,000, it can impact the price movement of Altcoin.
I guess with such situation can now trade and buy some coins that have good quality, such as Ethereum, Litecoin and Binance Coin.
With this coin, I think it will respond directly to the Bitcoin price. But we have to stay patient and hold the coins you have until the crypto market is back up.
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don't rely on gift tokens because that will only bore you and not to mention you have to wait for them to be listed on the exchange or at least until they have a sale price to make up for your hard work.
I suggest balancing your time with other things you can do in this market and I think there are many ways to make a profit besides a prize campaign. I say this because I also feel bored with them and what I produce from gift tokens does not produce sweet fruit.
at this time I balance with trading, how about you?
You are right if we just rely on the Bounty campaign, I think it will only cause boredom. Moreover, now not all projects can succeed and many are experiencing failures. I personally to prevent not getting bored with my gift campaigns, I do daily trades. I am with a trade capable of generating a little profit. And when we have no result of a bounty campaign, by doing trade certainly can afford to cost living. |
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The Altcoin season until now has not arrived and that happens until now Altcoin is very slow.
In early 2019, hoping the Altcoin season began to emerge due to slowly Altcoin prices growing.
But until now Altcoin does not give a big surprise.
Hope everyone to see that Altcoin could return success, such as the year 2017 until now has not arrived.
Bitcoin is dominating the market so that Altcoin is experiencing very slow growth.
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Our hope that the year 2017 can be repeated again. IEO is now a great solution for investors. With the rising returns, the Bitcoin price has impacted the developers of the IEO project. Nowadays many people are interested in the IEO project, even I personally try to continue to participate in the IEO project.
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Ethereum will grow at the end of the year 2020 and for the price, I think it is difficult to predict. I personally see the condition until now that Ethereum is still the second coin and this coin still has a very large sales volume. This convinced me that Ethereum will continue to grow until 2020.
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Do you see right now that bitcoin get first pump and same to other altcoins get continuosly pumping up in this month from March to May hopefully its good to hold right now. So tell me what is your strategy?
According to the conditions that occur in the market now. My strategy now buys some coins that have declined. I'm still sure the coin price will definitely be back pumping again. I recommend that the market now has excellent prospects in doing short-term trades. |
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This situation occurred when the end of the year was 2018, and at that time there was a very sharp decline. I agree when many people turn the coin into USD. Because of this I also do to avoid far more losses. And when I can go back to buy some coins up. And proved in the mid-year 2019 coin price is back pumping.
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As an investor, you don't have to easily trust the IEO project. You have to keep checking from different aspects, and this is very important to do. Choosing a real project is difficult and requires struggle. At that time you should also check with the team and they should have a good prospect for the future.
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
If price drop would definitely negatively impact on altcoins. In addition, the price drop is Bitcoin. As it happened a few days ago that Bitcoin was very dominating and the altcoins slowly also increased. But after Bitcoin dropped sharply all the altcoins also declined. But the decline in Bitcoin is still at a good price. |
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Dead coins can no longer be expected and surely this coin is no longer in developing. Some of the coins that I also no longer active. But if the coin is already listed on the exchange, I think we can only hope that the coin can be redeveloped. With the recovery of Bitcoin's price, I think it will have a positive impact on all altcoins.
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I am considering buy two altcoins, can anyone give some recommendation? I have about $1000 to invest in altcoin.
This topic was made in 2017 and at that time all the coins went upwards. And Altcoin is great for investing naturally in Ethereum and Litecoin. And after the price of 2017 coins decreased for one year. But it differs from the current condition that the market slowly starts to improve. As Altcoin is now good for me to invest in Ethereum and Binance Coin. |
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There are suggestions to trade if looking for profits during this period. How and what to do to ensure maximum profits?
Or is it better to invest in top coins and play safe?
P.S.: Though honestly, I don't think anything is safe anyways.
All coins are at risk and when our red condition should be clever to determine a good coin. I see that the market conditions are red is natural. So I can utilize it to buy back the coins that have the potential. To get safe coins and then be able to make a profit. I prefer to buy BTC and ETH. |
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What is the market going on? All of them fell sharply and created a new bottom, BTC down but DOM still remained unchanged. Does the player transfer all Altcoin to fiat? Your opinion about this problem?
Early July was a decline in Bitcoin movement. However, we need to consider this price drop due to the dominance of previously very high-pumping Bitcoin. Although the price of Bitcoin decreased but still at a very good price and I am sure if Bitcoin will be back pumping. So I argue not to rush to sell coins. |
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Determining the stable coin I think is not easy. Because looking at the price of all coins is easy to change. I only see the coins that keep growing is Bitcoin. By looking at the current situation the coin price is very difficult to predict. But to be safer and can make a profit. Invest in top coins like Bitcoin, Ethereum and Binance coin.
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Wait for the XRP price to return red. Because now XRP is rising. But if you want to do short-term trades, you can certainly buy now. When the price of XRP is high, it can be directly sold. XRP is able to compete with Ethereum, so we are confident if this coin will continue to pursue Ethereum.
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