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Is a blockchain just a bunch of code, what infrastructure does it need to be built? I have seen visual representations of blockchains but I haven't actually thought about what they actually look like in real life, does anyone know?
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We really need bitcoin because it is the next step in the revolution of currency.
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Tradingview is a widely used tool for crypto traders, here are my suggestions on the technical indicators that work on crypto. As a general rule always plan your trades using the long position tool in the 7th icon on the left to limit loss and maximize gains.
For short-term trades I suggest using a combination of Bollinger bands and Stochastic RSI, buy when the price hits the bottom Bollinger band and is at 20 or below in the Stochastic RSI(this is a general rule and should work in most cases, if the market is in a downtrend then this may not work). The price will likely rebound because the asset is oversold/undervalued, these two tools are also on Binance. New traders should use the default settings but you can adjust it according to your liking.
For mid-term trades, I usually use the Horizontal Ray tool to plot support and resistance. Or use trend lines in an uptrend or downtrend, I also occasionally use Fibonacci retracement(available in 3rd icon on left) but I realize that not all traders are a fan of this. Fibonacci retracement shows price levels where the price of an asset may retrace-as the name suggests- and support levels are where prices usually jump up on and resistance is the opposite(although they are frequently broken).
For long-term trades I actually don't use any technical indicators apart from maybe Horizontal Ray to identify best entry level, I try to find undervalued assets and just HODL them.
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India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class.(taken from https://www.ccn.com/india-may-levy-18-percent-tax-on-cryptocurrency-trading-starting-july-2018/) For Indian bitcoin traders out there, this will surely be negative news but it also means that bitcoin is being legitimized. What do you think about this and how will you prepare for it? |
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it becomes 'better currency'.
The CFO of PayPal defended the case for fiat merchant settlements Monday, telling mainstream media the company could nonetheless “definitely support” Bitcoin in the future.
Read the full article at bitcoinist here:http://bitcoinist.com/paypal-well-definitely-support-bitcoin-becomes-better-currency/
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All types of currencies experience volatility, even the USD. However, bitcoin's extreme volatility does make it unsuitable as a currency.
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Like many other gen1 innovators bitcoin will eventually die out like nokia did in the phone industry.
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Definitely a good project with a good team, it is solving an issue that is very relevant to the 21st century and is in the forefront of innovation.
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This is an awesome project that will educate young people on the use of money and introduce a whole generation to revolutionary blockchain technology!
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Price ranges from $10 to $1000000 depending on efficiency and technology used.
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Software: Exodus or Electrum. Hardware:Ledger Nano S. Alternatively you can choose cold storage or paper wallets for max security.
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Put 50% or more of it in less risky altcoins or bitcoins and whats left in ICOs that have a good idea,team and technology. Keep on reinvesting your profits and you should end up with a lot.
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Nobody knows for sure but there are some people who have claimed to be him.
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Learn to read candlestick charts and the basic patterns, then study some technical indicators as well as basic market rules/dos and don'ts. Always keep an eye out on the news and roadmap for coins you invest in.
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The general public and mainstream media is definitely 100% focused on the price and not the technology, but it isn't too complicated to understand if someone sat down and tried.
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Should the mods just close it since it was pretty pointless anyways? Or should they try to revive it and put it to some other use.
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EOS is most definitely not a scam, they are simply a new project that is still in development. I'm 100% sure that in the future it will be just as if not even better than ethereum as a platform for dapps, despite this though right now would not be a good time to buy as it just had a bull run and is correctin with all the other alts.
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I think you should add to have an economic cushion in case of an emergency.
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