China has unrealistic aims. It was peace and prosperity without individual freedom and it wants to develop and lead in blockchain technology denying the real cryptocurrencies. Needless to say they'll fail in both of their aims unless they correct them early. Bitcoin can prosper without Chinese government.
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We can't be sure about the numbers. Of course the number of exchanges and coins would grow and similarly some of them would cease to exist. There are still a large population and capital left outside of crypto and exchanges so the market for expansion is huge but also the current market are mostly speculative and for some exchanges fake. I think in future we will have more exchanges and coins but they'll be better than what we have now.
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As mentioned above, lack of internet could lead to delayed transaction and hence unusable blockchain but if you still have an active internet which could even be possible as we have seen internet has been a priority of war struck zones, a nuclear war may boost bitcoin use. Bitcoin is the stability in chaos. We have seen it's use increase in troublesome condition like in Venezuela and Zimbabwe. And also when countries are isolated economically like Iran and Russia.
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This is a common strategy where emotions plays a big role in determining the price. We have seen such acts in stock markets. People and newspaper making absurd analysis to move the price in the direction they prefer. If anyone buys bitcoin, they know the price is going to moon but if they sells it, the bitcoin bubble is destined to burst.
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I have recently made an investment in PROB token, the exchange token of probit exchange. I just found about the exchange and looked if it has any good tokens less know and I came to know about Prob. They are providing a staking interest of 12% per year for staking the token in the exchange. The probit exchange is doing good and I believe it has a bright future.
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They exist because the developer think also the very affordable in many users worldwide then this mobile mining is to promote their own alts/tokens and for me this is really good to do but still it depends in the potentials of the alts/tokens like they will grow by that,Moreover if you know honey miner then this is the best mobile mining in the past like this have big impact in the price of their alts when they use this
There are rarely any app of a legit coin that actually mines in the mobile. Tau mining app seems to heat my phone and could be on of the exception. Every other popular mining app like Electroneum, Pi and Phonium are just the simulation. They don't really mine with user hardware. Electroneum is a cryptonight coin and they use the premined coin dedicated to be distributed to reward a small amount to users for keeping their app active. The app does not mine any coins.
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There are many reasons why bitcoin would not fall below 6.5K. Most of the holder at the current time has bought it at a higher price than 6.5K and they would stop selling on price going below it. Miners would only sell their coins on profit, they are also found to store coins when the prices are low. And this year there were many institutional investors that have bought and hold bitcoin as a hedge.
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China was just requesting it's citizen not to overhype about the statement made by the Chinese president. Everything were going normal and president Xi talked good about blockchain technology and cryptocurrencies. People thought he's rooting for bitcoin and went on buying bitcoin and other popular alts like crazy. The authorities than issued the warning for anyone trading. That had an even more negative results to the price. Overall it's not a big issue and soon the things would get as were before.
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If you want to make a profit, you should buy on a decreased market and sell on an increased market. If the market keeps on decreasing, you should buy more to decrease your average cost. Bitcoin is at one of the lowest price in last 3 months and we can easily predict the price would jump up. Whales investors could easily profit on short price fluctuations.
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Biased/fake reporting is a complicated issue and it becomes more complicated when we talk about crypto. Fake news is a trouble to modern internet based communities. Every authorities are fighting against such practices. Crypto relates to freedom but does it mean you can misguide people about something? Simple ethics should be maintained by any media to hold some credibility and users should not consult to ones that have not proven their worthiness yet.
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This is not a new rhetoric from the Chinese government but became one of the main reason for the bearish run. China has officially outlawed crypto exchange yet a lot of trading volumes still comes from mainland China. The population is so fluid that the officials have to dictate simple instructions so that they don't go crazy for a trend. They needed to take an action as the market misinterpreted Xi's worlds as a support for crypto trading.
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Few of my colleagues told me they quit bounty because many new projects are finding it very difficult to reach soft cap and those who manages to reach softcap ends up listing on ridiculous exchanges because of listing fee, a part of me feels like they are right because if a new project fails to aim for top exchange its game over, the question now is why promoting new projects then?
I too have stopped doing a bounty from the projects. The reward is not worth the time you spend and effort you need to make the claim as well is stressful to wait a long time to watch it get value and just drop before you dump. A rare 1% of altcoin bounties are good and paying a worthy reward and you need to be really lucky to be a part of it. That's why I've moved to either joining a weekly or daily paying bounties in bitcoin or just not putting the signature and talk(post) wherever and whenever you feel like.
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It's a cool investment for the future but current volatility in price of crypto would make people hesitant to do a retirement savings in crypto. What if you won't be able to get money even equal to what you invested today after your retirement. For a long term investment, people still prefer fiat who's value are not so volatile in market.
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IEO are ICOs hosted by exchanges. ICOs gets investors with filled wallets while exchanges gets direct money from the project/a commission and probably new users. Exchanges could do whatever to make the investors believe the IEO token is a good project. And make it seem profitable anyhow. Much of the data are surely manipulated which makes both investors and the exchanges vulnerable for long term.
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Destroying bitcoin is not the only reason for governments to issue their own crypto. They want to tap the blockchain technology to make fiat or government regulated currency competitive with the popular cryptocurrencies. If they were to act against bitcoin, they would have enacted a complete ban over it's mining, trading and use.
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If He Forget everything on purpose ? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ( Like The genius for remember everything 10 years later everything he did making something he is alone able to see them ). He know governements probably want to kill him or want him to work for them so he take the risk to be forgotten forever as a legend. Imagine what he was able to do in 2008 already, when no one in world have the power to change the world, he was the one to believe he was able to start the revolution alone and change entire world by himself. Nothing, he predicted everything perfectly, he will comeback one day i think he is already back but to crazy like 10 years ago no one believe him already. Satoshi was very clever in not leaving a trace on everything he did. From anonymously registering for sites and domains and using text only conversation with other bitcoin developers. But if the government really started an investigations, it may track down a past of him using the internet which could lead us to satoshi. There are no restriction to access to data to the government and they can track down through many routes like IPs and Macs. They might even already know who satoshi is but has refrained from making it public.
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There has been some kind of news like this before
Yes there was and it struck a similar debate every time. In 2017 they were saying that 2.5 million is lost + 1 mill of Satoshi's coins that are out of circulation. Now it's only 1.5 mill lost? The number is decreasing. In 2022 expect them to come up with another random number. Maybe 4 million this time? Source: https://fortune.com/2017/11/25/lost-bitcoins/The coins are ever decreasing. The statistics are not 100% correct as they might be considering the unmoved coins as out of circulation that could also be a wallet of whale hodling. The statistics may depend on how far in history they are looking and how much wallets they are referring to. There could even be thousands of hundred of satoshi left in abandoned wallets.
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Usually, the price of BTC starts going down couple of days before Christmas, so then the gift is most likely cheap BTC...
Yup. The greatest gift of Santa would be cheap BTC and wisdom to realize it. This could be the last chance of buying bitcoin below 8K. And it may look like a free after a decade. But I really hope he brings happiness and pleasure without the stress of how much you are losing. Patience would be paid in the long run.
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Well the dots do connect. It's highly suspicious why the guards and all of the people responsible didn't did their duty properly. He was not a normal convicted criminal and the guards were not fools. Either he was killed or he was like said by OP made free.
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