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I'm worried about the possibility that we could see another big correction soon. The price has come down to 50k dollars now. If it goes under 50k, I wonder whether it will manage to recover this time.
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People are really fed up with the high fee problems. I wonder whether they will solve this problem in the future. I don't think it is an impossible thing to do. They need to make some updates to prevent the high density on the network and a high increase in the price from causing to a big increase in fees also.
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In my opinion, there are many things that influence the XRP price movements which are quite large at the moment, one of which is the movement of the cryptocurrency market when it is being pumped, so investors are looking for other alternative coins to invest their assets because in general the coins are very high at the moment.
This month has been great for many altcoins and XRP is one of them that's for sure. And it looks like the lawsuit related to XRP is going on well and the increase in the price continues. |
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This April has been absolutely a great month for altcoins in general. I especially was fascinated by the huge increase in the price of BNB and Ethereum. Dogecoin also has increased incredibly high lately but it is thanks to Elon Musk of course.  |
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What happens to all the coins in lost wallets in the Bitcoin system? If there are only a finite number of coins, won't they become increasingly scarce as people lose them over time?
If someone is keeping their coins in their wallet and forgets the necessary info to get access, there is no way back from it. Those coins will be lost forever, mate. There is no recovery option and that's why it's very important to keep private keys etc. in a safe and unforgettable place. |
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I think it is about the marketcap. Bitcoin has a huge dominance in the market now. Bitcoin marketcap has exceeded 1 trillion dollars. Hence, it is harder to see a huge amount of increase in the price.
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This shouldn't be a reason for governments to reject Bitcoin. Because these kind of events already happen with fiat money also. There is no difference here because of that. Hence, I don't understand why some people still are trying to show this as a reason. |
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Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
Dogecoin is actually just one of the shitcoins in the market. Its makers even said that they made it for fun. I don't know why but Elon Musk started manipulating especially Dogecoin. And it looks like it will reach $1 soon. It's really frustrating to see that the cryptocurrencies are easily manipulated like this. |
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I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end? I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.
We hold for reason and that means we never hold forever. I believe no one does forever but I'm sure these holders will sell their coins during the Bullrun, just like we have today. 3-5 years holding, that was incredible and certainly, we can do it if we want to but of course, we also have to consider the market situation and not just to stick to our plan even the market price is already at its peak, coz I'd rather have to sell it and take the opportunity. It's totally useless if we just keep acquiring coins and earn them in our pocket for such long years of holding. In the first place, our main goal is to make profit and if it reaches already our target price, we should also learn to sell some of them. Being greedy when it comes to your investment will sometimes lead you to a regretting end. If you see big chances or opportunities, then seize it. Exactly, I agree with it. We should definitely know to sell some amount after the price reaches a level that we like. As long as one becomes more greedy, the risk of losing their money will be higher. |
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No government can prevent people from investing in cryptocurrencies. There has been some governments that tried to do it but people still continued to invest in them. They can make it illegal to use it when buying things. But they can't prevent people from trading.
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This month has been absolutely great for Ethereum so far. The price has reached a new ATH ($2,547). After that, we saw a correction in the price around 200 dollars. I assume so many people have sold their ETHs after seeing this level.
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There has been a huge pump in the price. It reached 0.43 dollar just an hour ago. It looks like Doge can reach 1 dollar soon. But my opinion about it is still the same. It isn't a reliable coin and it is very likely to come down at a high rate in a very short time. Manipulations are the reason which have caused Doge to go this high.
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Dogecoin has nothing to do with being a real coin. It's just one of the shitcoins in the market. Their creators even made it for fun and they weren't expecting it to reach this level. If it weren't for Elon Musk, it couldn't have risen this much. His manipulation rate is really high.
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I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end? I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.
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With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin? will bitcoin weaken or vice versa?
There has been a huge demand for buying Bitcoin while the covid-19 period still is going on. It really affected the cryptocurrency market very positively. Also, we are seeing that more and more companies etc. are starting to accept Bitcoin. I don't think vaccines could affect the market badly from now on. Bitcoin has already drawn a huge attention and reached a great level. |
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Bitcoin has become really more than just an investment tool. People have started using it on buying something (even a car). It is getting in our daily lives faster now. People really love using Bitcoin for various purposes so I'm not surprised that there is even a song about it. |
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Polkadot is really a good project, I like it to be honest. But I'm not sure about whether it will be able to take Ethereum's place. And Polkadot's circulating supply amount is around 8 times Ethereum's. It is also one of the things that will prevent Polkadot from being more valuable than Ethereum.
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I don't know Tron but Ripple seems like it will go to the moon soon. It has been climbing up for a long time and the journey still goes on. The price is 1.74 dollars now and the ATH is 3.84 dollars. I don't see any hindrance in front of them not to reach a new one. |
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I think Bitcoin will be held like gold. Maybe even Ether as well.
But I'm personally thinking maybe dogecoin, maybe.... XLM and XRP, as well as Bitcoin cash, Dash, maybe lite coin. Of course USDT type.
I think many people, when the masses start using it more frequently. Will stick to older common coins that can be found at any crypto ATM and have the lowest fees and fastest transaction time.
Anyone disagree or have anything to add?
I'm not a fan of Bitcoin Cash. But I'm hoping to see Bitcoin continuing to be used as one of the best alternative currencies in the future. I have also big expectations from BNB and Ethereum especially. |
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An endless price growth? I am not sure about it. If Bitcoin loses its popularity and becomes useless after some point, things could go very bad for Bitcoin and the price could even go to zero dollar maybe. By the way, The Simpsons hasn't predicted everything correctly as far as I know.
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