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On the other hand, the domination of Bitcoin helps the Altcoin grow. In the cryptocurrency market there are many coin, in order to survive they have to compete with each other and especially compete with Mr. Bitcoin. The competition helps other coin grow and develop. By only developing it can be enough strength to compete with Bitcoin.
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Also, if you are a beginner you should only invest a small amount and do not keep your wallet long and remember to regularly update Bitcoin information.
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I think it lacks a secure service for investors' investments, or risk minimization services, etc.
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I think it is a potential coin to invest in 2018. Binance Coin is coin released by Binance, the main purpose is to maintain the operation of Binance trading platform, the second goal is to use copper BNB to develop its own binance platform. You can use BNB to reduce transaction costs on the floor, or use them to buy another coin altcoin. Each year BNB will use the proceeds to acquire coin BNB is issued, which in turn causes the BNB Increasingly rare and increasing day by day. With what Binance has demonstrated the strength of the BNB. Only from a small Token on the market today BNB is in the unique position in the market and is the first Coin The first position is so high
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I think it will be Ethereum. While the value of an Ethereal is far from Bitcoin, its market capitalization is much lower than Bitcoin's, its growth rate is much higher than Bitcoin. Beginning in Q2 / 2018 - the financial quarter is said to be for the growth of virtual currency, Bitcoin only slightly increased 42.84%. At the same time, the second most popular virtual currency on the Ethereum market has grown by nearly 90% and emerged as the biggest challenger to Bitcoin's top position. In addition, it is up to five times as much money as it can be exploited, as well as marketed over Bitcoin.
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You need to find out about the Technology, Platform, Techniques and Potential of the coin; How the team develops; It has continuous improvement; The amount of coin the founders hold; Cost of digging; Is the supply specific? It has the backing of media and trading on the reputable platforms
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Brian Kelly, the CEO and founder of BKCM, compared cryptocurrency with the "Internet in the 1980s," in the Trading Block interview, highlighting that Bitcoin (BTC) its initial stage. Kelly also compared Bitcoin to Internet companies such as Cisco and Microsoft for their similarity in Internet routers and protocols. However, according to Kelly, the difference is that Bitcoin is not a company or a stock
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Currently, the top three virtual currency is led by Bitcoin, Ethereum and Pipple. These are the largest coin in the market and are the most widely used. As for the Ethereum from the end of 2017 until now there has been a great development, so many people invested in this coin that became rich. Ethereum has gone up 40 times over the previous time. With the development of this coin Ethereum, the financial market will have more breakthroughs. According to experts, in the future, the price of Bitcoin as well as Ethereum will still increase, even increased many times. Ethereum is therefore very potential and worth investing in
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FACTOM (FCT). FACTOM (FCT or Factoid notation) is an application of Blockchain technology that can be used to solve real-world problems by providing an unmodified record-keeping system. While Blockchain Bitcoin is a Factom is designed to store any kind of data. This makes Factom an ideal platform for many different applications in life, including systems. finance, mortgage, banking, audit records, medical records, voting system, legal applications, property, retail, huge portfolios like movies, historical documents and more.
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I think ripple is better. As far as I'm aware, the potential of the ripple is greater than that of the Tron, furthermore the ripple is rated as coin capable of replacing Bitcoin in the future.
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I agree with you, sharing knowledge helps Bitcoin grow more. When someone is interested in Bitcoin, they will be looking for information about it and can come to this forum. Here are a lot of useful information for them with different topics. When they are curious about something, they will learn it. Then they will introduce their friends and acquaintances about the knowledge they have acquired, from which information about Bitcoin will be more known.
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Ethereum will be a better investment than Bitcoin because its price base will outperform Bitcoin, the Augur platform is one of the reasons why Ethereum's growth can be faster compared to Bitcoin. Proof-of-Stake: The final upgrade of Ethereum from hardware extraction to software extraction, as a factor driving the continued growth of electronic money. Vitalik Buterin, creator of Ethereum, recently explained that Ethereum's scalability enhancements to both classes of solutions ultimately would have increased the number of times - improving the number of users that the system Can handle up to 100x more secure storage.
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Although Blockchain is mostly known as the underlying of Bitcoin, it has facilitated many other domains. Blockchain has get involved in distributed cloud storage thanks to its decentralized nature. Moreover, Blockchain technology offers a solution to many digital identity, which is now riddled with fraudulent problems. Another application of Blockchain is smart contracts that promise to help cut your mortgage rate, make it easier to update your will. There are so much that I can't list here!
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Altcoin price is highly vulnerable to Bitcoin price because Bitcoin is really that influential. Bitcoin going up will enforce investors' belief in cryptocurrencies. Then they will buy Altcoin as well.
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In addition to your explanation, price manipulation may be responsible for Bitcoin fluctuation. I've read some news about that. Big sharks use illicit trade tactics known as spoofing and wash trading which create false selling and buying orders with a view to attracting others to put money into , and then actually sell to earn profit.
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Unless an awful sudden shock happens to Bitcoin, there will be no chance for that anytime soon like the next year. Altcoins's rise seems unsustainable since they're only used to speculate, meaning that they don't have as high real value as Bitcoin.
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P2P trading offers high transaction control, low cost, privacy and security, at least when properly identified. Peer-to-peer transactions allow people entering the commercial marketplace directly without any reliable third party to handle all trade.
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Using Bitcoin as a payment method is an inherent tendency in the future. As you can see, more and more countries have accepted Bitcoin as a legal payment method. For example, recently Japan has legitimized Bitcoin payments. So in cashless society, Bitcoin will not only survive but thrive well.
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