The irony of the situation is that, quite recently, Mark Zuckerberg spoke of his interest in integrating cryptocurrency and blockchain technologies into Facebook. Facebook does not want to advertise competitors. In addition, the ban is being partially abolished, but it is necessary to submit a special application stating that the company has compulsory licenses, whether it trades on public stock exchanges. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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The world is ready to accept the cryptocurrency but the cryptocurrency is not good to be implemented to the world 100%. But no worries as we are getting to have it. Crypto is the future of the world and it will stand with us especially now with world debt problem.
I'm not sure that crypto will replace the world currency, so the world economy does not have to do it, because it's not the level of government.
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Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin. But the funny thing is that even though there are so many complaints, Bitcoin has become popular all day around the world. I think we need to change our mind about bitcoin's. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Really, people's complaints about Bitcoin are correct? Everyone has their own opinions, I think that Bitcoin is not suitable for circulation in everyday life because of the unstable price of Bitcoin, you must always recalculate the price of goods and services.
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Yes you are right, now Bitcoin is more popularly used as an asset, not as a currency, this is the cause of inflation in Bitcoin prices. If the information is correct on another thread with a link to the article that 111,000 bitcoins can be sold in the amount of $ 802 million, then bitcoin will soon fall at a very low price. The only problem is that he pulled the remaining crypto currency.
Bitcoin is now losing value, but it has no effect on the other cryptocurrency, because many people do not trust other cryptocurrencies, and in case of a decline in the currency, they simply go to USD and Tether.
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In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but - "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one " If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term - "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
You frightened someone and he hurriedly exchanged a considerable amount of Bitcoin, thereby crashing the market for cryptocurrency. Moved a large number of Bitcoin through the purse of Silk Road in Fiat is about 1 billion dollars ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+. I'm regretting my actions. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Maybe you do not have to wait for the Bitcoin price to drop so much, and sell earlier, because the price does not fall for one day. Of course, there will be losses, but you will lose more. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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I think that Bitcoin will test the price 7.3K after such a price spike and there will be at least one more wave.
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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
No panic. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When investing, you need to analyze the situation two steps forward and of course be a very gambling man, without that you can not earn much.
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Developing Bitcoin means believing in it, as John McAfee does. In his opinion, Bitcoin will become the gold standard. Bitcoin will always be the standard that you can keep in your purse offline and consider it your retirement savings. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I think if you can buy something or exchange Bitcoin for Fiat money, this is the guarantee that it is not fraud. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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At the moment this is not a very likely forecast, since everyone is waiting for the Bitcoin ETF on September 30th. The market of cryptocurrencies will continue to grow with slight kickbacks before the announcement of the decision on BTCETF, and then there will be a big pullback.
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Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013. In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
Bitcoin has its drawbacks, like any cryptocurrency, but the main advantage of Bitcoin is the trust of people to it, which is expressed in the price of Bitcoin himself.
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year? What do you think fellas?
I think that Bitcoin's price will not be more than 10K this year. This is certainly without taking into account surprises about BitcoinETF solutions. There were already fewer people living to buy Bitcoin, after the fall in early 2018. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges does not want to allow Bitcoin EFTs. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I stopped him and explained that a EFT Electronic funds transfer is the electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund traded on stock exchanges } The general public is getting confused between ETFs and EFTs now. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) We have a lot of work, guys and gals. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) People are confused because they do not have much knowledge of electronic financial transactions. They have an ETF, and I do not know what EFT is, they just mixed up the letters. This is just what is said about the professionalism of crypto investors. ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins. Here is the graph showing us the price for bitcoins from 2009 to 2017 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fencrypted-tbn0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcShUa2-hTHsG69oCYlE8CNerQlJXFkWwfOYXH79RQT1_3s7jBS_S2TQzrR-ug&t=663&c=x2iYuQYlIrm9nw) We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017. I really hope that the price for bitcoins can again show us immense growth as it showed in 2017. The cost Bitcoin at the end of 2017 was manipulative and at 19K (December 16, 2017), without waiting for 20K, everyone started selling Bitcoin, which led to a collapse to 13K (December 22, 2017). I think this is the reason for the rejection of Bitcoin ETF. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) p.s. Post for merit laundering. ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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Therefore Bitcoin is expensive, because it takes a lot of costs. Experts say that the creation of a new Bitoin is about 6K.
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Most Buyers Bitcoin follow the goal of making a profit, so Bitcoin's price will not be stable due to manipulation.
In addition, published by the Blockchain Transparency Institute (BTI), indicates that the trading volume indicators at most crypto-exchange exchanges are significantly overestimated. More than 2/3 of the announced daily trading volumes are fake: this is about $ 6 billion
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I think that in September the US Securities and Exchange Commission (SEC) will not satisfy the ETF, the manipulation of the market has not gone away.
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I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
hm .. i see, your story is the same as me sir because i also started to enter into cryptoccurency on july 2017 i was very confident at that time because the income from crypto very much all my effort started from trading and champaign bounty went very smoothly BTC prices also continued increased. like in heaven it feels like but in July it is exactly one year and even you have to be patient with the market and BTC prices that continue to decline Price levels Bitcoin end of 2017 this year will not be, because there are no objective factors for the jump.
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Because in the market there is a lot of manipulation in the trade with Bitcoin, and this is prohibited in the SEC.
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