Looking at the date this thread is created it actually surprises me that this moronic "fund manager" is still doing his thing, which is to gamble with people's money. In other words, zero risk for him, 100% risk for the investors.
I have seen a video like a week ago where he had +100BTC of funds to play with, and that's just one exchange, which is mind boggling. I can't believe that people haven't looked through this nonsense yet.
You'll either make profit or lose a chunk of what you allow him to trade for you. How difficult is it for you to do it yourself? This moron has no clue about anything--the only thing he talks about is inverse head and shoulders....
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Has Coinbase seriously never been hacked? Seems legit
Never ever. I wonder how it would be received if they were. I can't imagine their big willy investors would be too impressed if it ever did happen let alone their 'institutional' customers. How do you know? Coinbase has so many coins, that a minor loss of funds due to a hack wouldn't even be missed with how the far majority of the people use them as long term storage because they assume it's safe and 'insured'. The very fact that their shareholders and customers wouldn't be impressed if something like that ever happened, makes it way more likely to have Coinbase not publicly share that they have been hacked and coins were lost. The only way for anyone to notice that they don't have enough coins to have every user/customer withdraw, is to have everyone withdraw at the same time, which won't ever happen so they are safe basically for ever.
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I personally think that we will see some more countries will open up their doors to the crypto currencies which will lead to a fresh round of merchant adoption and push in demand in 2019. I mean that's what we need to see organic growth of cryptos in 2019 and years to come!
Merchant adoption is welcome, but the fact is that regardless of how fast or cheap transactions are, people treat their coins as an investment and won't spend anything of it. People fear missing out on future growth, because let's be honest, your $100 that you spent today in whatever crypto currency may be worth $200 a week or two later. It's very difficult to have people spend anything with that in mind. People are too lazy to buy back the coins they spend, and honestly speaking, why would they? It's too time consuming and requires additional steps that make crypto as it is today not an ideal form of money....
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Also worth buying some XRP (personal opinion, not an advice in any way).
Why would people do that? Mind explaining? I have nothing against you personally, but XRP has by far the worst "community" behind it. Shills are rehashing the same nonsense hashtags on every social media platform for like a year and it seems to get only worse. The same goes up for Cardano. If you look at which 'top altcoins' have lost most of their value, then it's both XRP and Cardano. In other words, it's a desperate attempt to get rid of their bags. XRP doesn't contribute to what makes crypto popular to begin with, and I don't see why the SEC wouldn't classify it as a security. It drives on what Ripple (the main company) does and reacts to nearly everything. It is a security.
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2019 will be another bull year. The following is a pointer to this: bakkt future trade, ETF's sec approvals and institutionalized investors coming into the cryptocurrencies market. Any of the foregoing even is going to lunch bitcoin and others cryptocurrencies in the bullish directions.
By thinking so you'll only disappoint yourself as time goes by, because it's based on nothing but empty hopes. Remember what happened last year with people's bullish expectations? The market hedged it. I'm sure that we'll get Bakkt to launch this year, but even if they are of any value, the impact will be felt over a period that will take a year at the very minimum. I know that people love it, but nothing happens instantly, accept that. As for the ETF, that's something we might not see the SEC approve even in the next 5 or so years, and why would they? They aren't in place to have you sell the moment the ETF goes live. People only want an ETF to sell the news.
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Oh well, a portion of what they own is prolly the least we could get to know anyways ¯\_(ツ)_/¯
Coinbase's holdings are the largest by far, yet people didn't know what addresses actually belonged to them. Initially there was speculation about a massive whale owning over 800k BTC, later turns out it was Coinbase. Most of the large number of coins that suddenly get moved after years of inactivity also belong to exchanges. People use them as an actual wallet for years which explains why these cold wallet coins haven't moved for years. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html That site is what I use to occasionally browse through all the addresses to pick up on changes in balances and whatnot. If Coinbase didn't announce their cold wallet movements people would still think it's a whale.
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Crypto bigger than the internet? I don't think so.
Gold has had thousands of years worth of history that allowed people to get used to it and gain adoption and the believe that this is the ultimate store of value and safe haven in time of economical difficulties.
Bitcoin's first decade brought minor actual fundamental growth. 90% is still about speculation and there isn't much indicating that things will significantly change for the better in the next decade.
The same basically applies to all other crypto currencies. There is too much available of the same and there is no one aside from gamblers on Ethereum and EOS that actually use it in a serious manner.
Stablecoins do what they are created for. This is the only case 'crypto' has shown its usefulness.
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I saw the video where Roger offered the same amount of money, but instantly knew it wasn't going to happen. This is how it should be: services building on top of Bitcoin focusing on Bitcoin only.
Once (actually just a few years ago) even Coinbase CEO Brian Armstrong had the same roadmap in mind, but he has been infected with the greed virus to such extent, that his service pumps shitcoins at cost of the ones that actually matter.
Sure, it's a business, but their desperate attempt to list shitcoins no one even cares about is toxic for the industry. This isn't viable in the very long term. Their shitcoins take up capital that should have been invested in genuine startups.
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Bitmain also don't support Paypal or Credit Card what you will say about them now?
They do accept wire transfers, which in some cases can be reversed as well. I don't like to praise Bitmain in any way, but they do run a legitimate business that has been selling miners for many years It's a .com.au Business domain so whois info won't work the way you are looking, its registred with Australian Business Number.
I looked it up and that indeed seems to be the case. Namecheap and a few others only allow you to register .com.au domains if you're a business located in Australia so I assume that it is a globally enforced policy. I still stand by my previous comment. Use reversible payment options just in case.
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What OGs do is sell a fraction of their coins to get their initial investment back, plus some profits. From there it's a piece of cake to hodl through massive increases or decreases without breaking a sweat.
Getting your initial investment back is one of the most important aspects of investing in general. Once you did that exactly that, you feel comfortable because you don't risk a single penny anymore.
Most of the OGs have been cashing out smaller fractions as the price kept going up, and that for years straight, which explains why most of them continue to smile even during the worst possible crashes.
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If it breaks the $3000 support and keeps heading lower then it might create more panic and cause another bearish year.
That's exactly how I see it. It will be similar to what happened when we broke the $6000 mark, and I'm sure that this will be the last push the last couple of bag holders and ICOs need to unload their stashes. I'm however facing the same thoughts about the market as we had before we broke $6000. People were overly bullish and the market did the opposite. People right now seem overly bearish, which also may lead to an opposite move. Markets in general don't follow the logic of the mass, and there is enough incentive for market movers to hedge that mass. I'm glad that I don't actively trade the market but just average my way in. No tough decisions to be made.
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its too long for beginer investors holding their cryptocurrency asset.their psychology now down , and maybe this is be the last time for them to invest in this market.this condition make selection for profesional and amateurs investors.
I doubt that. As soon as the price goes back above the price people bought at, they will regret having sold their coins at a loss and will very likely fomo in again but hold tight this time will the price go down. People need to be proven wrong, and the only way for them to be proven wrong is to see Bitcoin make new highs, which it eventually will. Patience is what we need and we have always been generously rewarded for that. By nature most average people buy that what's going up, which also explains why they have taken a dive into pot stocks this year. Real companies, but the same level of speculation and pumps and dumps....
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The bull run is a good hope but to combat the inflation but a bad luck to others who don't have the will to hold it when the bearish attack.
It's not about will, but about understanding what you put your money into, and what Bitcoin has been doing consistently for years, which is to mark higher bottoms continuously since its very first exchange listing. Bottom to bottom is what people should pay attention to, because that indicates the actual growth we have gone through, and not all time highs people look at and think Bitcoin has failed because the price dropped a lot. Overall, Bitcoin only needs a short time frame to undo decades worth of fiat's loss in purchasing power. Don't get lost worrying about last year's all time high, because it will be a bottom eventually.
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Finally, this is not the first time the cryptocurrency has suffered 80 plus percent drops. As it turns out, though, each time it comes back up, reaching a much higher high.
True, but the only important question is how long will we continue these boom and bust cycles? Price is higher but the amount of speculation grows with it just as hard, but the demand for actual use remains as low as it has always been. If the next bubble in the next couple of years will yet again result in a +80% correction, the industry hasn't done anything to fundamentally change. It's a speculative circus where greed is all that matters. I think that stablecoins will eventually take over in terms of being a currency, and they already do somewhat. There is a decent amount of off-exchange value transfers happening with them, and they do their job better than any other crypto.
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Pretty much the general nocoiner FUD about expensive transactions, lack of scalability, and then they also argue that Bitcoin is not inclusive because transactions are irreversible, so the new users will be losing their money when they will make some mistakes.
It's more ignorance than fud. People don't get it that there is a price attached to the use of distributed ledgers, because every individual participating in the network has to verify and store the data basically for ever. Scalability the same. The main networks themselves won't ever be able to handle mass use, but with second layers and side chains you can distribute the load in an as efficient manner as possible. People don't know that. Every concern is factual at the moment, and it will take time to shift people's way of thinking. Education is important, and progress within crypto itself is as well. Time is what we need to see how things play out.
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Bcash and other shitcoins aren't going anywhere either. Their positions in the Top 10 or 20 may wax and wane, but they'll always be with us.
Yup. I would even like to think that we'll see more reasonably high ranked SHA-256 forks in the coming years, because ASIC manufactures have to sarisfy their shareholders and sell gear. Bitcoin alone isn't enough. Bcash is the first attempt to boost sales, Bsv is another one, and it wouldn't even surprise me to see nChain and CoinGeek fork before the end of 2019 as well. It's all artificial demand they create. The same basically applies to all the other POW coins. There is so much incentive to either launch or fork a coin, that we'll be seeing them for many more years to come. People better accept it. They think there are only like 2000 coins because of Coinmarketcap, but I remember a statement that Binance had received listing requests of over 5000 coins/projects. Insane.
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There is no such a thing as undervalued in this industry when it comes to decentralized crypto currencies. Difficulties come down, miners adjust to it, the whole market adjust itself, etc.
Bitcoin would be functioning perfectly fine around $2000 (not implying it will fall down to that mark), so do other crypto currencies. It's just the mindset of people that makes them consider coins to be undervalued.
Crypto in general is overvalued. It all comes down to people frontrunning the potential, which from time to time leads to bubbles which pop. 2017 was the most recent one and many more will follow....
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I also think so that Coinbase is safe to store currency. Many people use Coinbase to store their currency. The security system is very hard and the transaction fee is very suitable for store currency. So you can store your currency and investment in Coinbase.
The very reason people think Coinbase is safe makes them a massive single point of failure for the ecosystem. They hold over 800k BTC in their reserves, which is beyond insane if you ask me. People keep talking about what happens when institutions accumulate a lot of BTC through an ETF, but this is just as bad, maybe even worse. Their security is meaningless when governments step in and start sniffing around. No way even 5% of these coins are being used for trading purposes. It's all there because people are too lazy and ignorant when it comes to self storage. People learn only when things go wrong it seems...
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anyone buy this using this website..? i can't not found anything faultless result everything it's right nothing any problem... https://www.antminers9.com.au/ i have talk his assistant and confirm location.. How exactly did you confirm their location? Did you use Google maps to see if it exists or have you or someone that lives near them visited the location itself? I'm always skeptical about these things. The only things that will act as a form of protection is to use credit card with buyers protection or PayPal if they support it. If not, and they only accept crypto currencies, then it's a good idea to avoid them. Too bad their whois info doesn't state when it has been registered, probably due to the fact that it is a sub domain.
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In Q&A and terms of use it is written that withdrawing is impossible without KYC. Op should read it beafore depositing founds. Again. This exchange works for 4 years. It is not shitexchange that seeing big deposit they froze it and demand for multiple things one by one just to be able to lock founds for longer period.
It would make more sense if they disabled deposits for those who aren't verified yet, because we all know that while you should read the terms before registering, no one actually does so. I'm using a local exchange and while I didn't read through the terms myself, the exchange didn't allow me to deposit anything until I actually went ahead and verified myself. Now that's how an exchange should be. If you don't allow people to deposit without verification, you won't have to endlessly send emails back and forth, and thus will save every party involved a lot of time and headache.
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