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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Of course it can. Actually it is already succeeding without it. The applications of blockchain's goes way ahead of the bitcoin itself. Not to talk about the most known blockchains like ethereum for example you also have the DLT's that it's something completely apart of bitcoin.
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As I have seen from a website about China's nabbing crypto thieves. So, being a computer genius has a lot of advantages to get rich so easily with cryptocurrencies if they will not be caught. Unlike us who makes clean living by trading, mining, investing and bounty hunting, they tend to get easy income in their professional thieves way. Might be this is the reason why bitcoin's value is going down. Just my thoughts.. Check out the link about this news I have red. https://sg.news.yahoo.com/china-nabs-crypto-thieves-social-120041067.htmlIt will always be hacks to steal money. It's not just in the crypto world. There will always be scams, hacks, hijacks etc, with or without crypto. Even banks (traditional ones) are targets of hackers to steal money. The reson with value has nothing to do with that, it's a mix of stuff. Just for example of what i was saying https://thehackernews.com/2017/12/bank-hackers.html
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The answer is just simple, we all are cowards ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Not all investors are cowards. That always depend on how you have to spend that you are able to lose. The question is that due the volatility of the crypto world and people having bills to pay, they invest what they can. But i know some heavy investors that are not afraid to invest hard, even in altcoins, cause they actually don't need the money they use for crypto for living. And while for some 1k is alot of money, for others 50k is something they don't really care to lose.
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They are as foolish as investing in bitcoin as in other asset that's in the markets. It's always a risk to invest and i don't understand why you say it's gone. Actually i think it's starting, a lot of big shoot people from traditional financial institutions and banks are moving to crypto world. Each day more and more adoption even by the banks. The crypto's are also getting into the normal financial system, a good example it's the 9.9% share that LTC foundation bought of WEG bank AG..and as you may know. All this coins have the most volume on trading pairs with BTC.
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
Well, there are some ways they can trace it to 2. If you just use crypto and never trade it for fiat and always use a laptop on proxy or something like that, it can be very hard to trace to you, unless by some reason and by distraction you end up posting you're wallet in a forum etc. If you use mobile wallet it can be possible to trace since nowdays for almost anything in wallet you need to associate you gmail acc etc. If you change crypto for fiat you need to be carefull as they can trace it back 2 you too. Specially if you end up moving the money to the bank.
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Well, theoretically it could be hacked for double spending for example and refusable transactions, but it's wide descentralized and spread for alot of big wallets. But i a major group of individuals wanted to join in order to get a 51% total mining power (lets say all the chinese farmers joined together) probably they could be at least 51% of they mining hash power of the network and could stop validations etc etc..
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I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here . Well, not really, i've saw alot of ppl entering in ATH of btc and they lost alot. Plus all those risk on scams like bitconnect and regalcoin. I know some that lost a lot of money here, and while those on btc just need to hold, those on bitconnect wont see they're money anymore. Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
All the rest, well, it's a volatile market and all that quite depends on when you risk and in what you risk. Like almost everything in this world, you can have the luck to get filthy rich or you can have the bad luck of lose everything
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Well, still BTC, higher value, higher market cap and higher 24h volume.
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well, don't really know what happened but that article ends with "Is there any truth behind this story or it is just an exercise to gain the media’s attention? Do let us know your views on the same.", so let's not take conclusions in advance.
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I think it will moon yes, but i hope more slower than the last big pump that lead to the 16k's. A more slower growth means a more stable growth and it's what we want, not a ATH and a 70% crash again.
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Unfortunatly it always exist people that will try to scam others. Bticoin it's just a small part. As long as there is a possibility of a financial profit anywhere there will be people trying to scam others. Now, this is a lesson 101 on how to act. Always do your research, never go by for just what other said.
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Bitcoin is not dead. It's well and alive. It had an exponential growth with some corrections in the middle and now it's ready to go up again! Slower and stronger. Every day more important and known people from the financial world such as banks and financial institutions are adopting and some changing completely to crypto side, this has to mean something.
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Well, actually even a https link it only means the responsible has payed for a SSL certificate. It does not avoids you to go into a scam.
About ICO's, never trust any email you receive...always search about ICO's by yourself. There are websites that evaluate ICO's, there are communities of ICO's investors that you can search and ask and participate and try to know by several sources if that ICO is trustable. Look at their team, linkedin profiles, github profiles, the project github, how long is without activity, how many commits in how much time, how many ppl participating. Read the whitepaper, try to understand the value of the project and always try to understant at the first glance if by any change it is any kind of ponzy or pyramid scheme (bitconect, regalcoin, etc).
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I cant understand either. Looking at the growth of btc we're still in a very nice position. Ppl complain about this bear market, but in january 2015 we were around 250 dolars, now (at the time of this post) we're at like 5980 dolars. Its a x20 growth. Many ppl went fomo when this got to 16k and lost and many others became negative and pessimit about it i think
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That is a tricky question. If you're asking if the BTC blockchain will survive without it, doubt it, since that blockchain was built with a propose. If you are asking about the technology it self, totally. Actually nowdays it already survives without bitcoin. You have other coins with they're own blockchains, you have framework like hyperledger that allows you to build blockchains without bitcoin etc.
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The whales slowly dumping btc is not a bad thing, bad is when they do major dumps...a slowly one is good for the market and allows a more decentralized possession of the coins by other parties
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In a future and if intended to be a current way of paying and buys stuff and acting his way like fiat money, even with the decentralization and the anonymity it needs to have regulations over it. Even private coins, if not over wallets and the use of it, since, well, it's private coins, the trading even if by an exchange needs to regulate that some how. Otherwise we'll end up in global anarchist economy and that is way worst than what we have now days
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We need regulations, but not the harsh type that will scare investors away. We nees it to curb, fraudsters and hackers in cryptocurrency. The more people get into digital currency the more we are going to have people who are just there to steal from other people. Regulations will keep people's account from being hacked and it will make them feel comfortable investing and dealing in digital money.
well in my honest opinion i think that we need regulations yes but sorry do disagree with you, not to keep people's accont from being hacked. That comes with teaching others the dos and dont's and with information about how to do it. Even today in traditional and regulated markets, if you go for a online plataform you can be hacked if you don't follow good manners. Regulations are needed to between other practices, avoid for example market manipulations, something we see everyday in unregulated markets
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Well, i dont predict anything and there is no crytal ball that can do it, but comparing charts with the cheat sheet of psychology of a market cycle and taking in consideration other several things like the 250M tether printed today and at the moment the market response i think it will reach the 10k again before 2019, specially when companies start paying the year bonus etc...
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I don't see that going that low, in a worst way it could reach 4800$, but that would be a feeling for another major rally. You can easy see for example in bitfinex the fight between the bullish and the bearish giants, but even if it drops around 5k that would just be a buying zone for many whales. Atm we are totally in the Psychology of a Market Cycle in the 1 day charts, so, i probably wont get that low.
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