Both websites; coinmarketcap and coinspot get their values by analysing and compiling the values on different exchanges and drawing up an average based on trading volume.
Some coins are tradeable on many exchanges and some could be omitted in ones compilation but present in the other. Hence you can have disparity on the two websites.
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The cryotocurrency market is not buot on hope or optimism but rather logical analysis and price speculation which could of course be positive or negative. This year has been a good one for Bitcoin in many regards, Reduced volatility Increased adoption Higher price average.
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Scam and falsification should be discouraged and frustrated in every level and area. Is blockchain technology offered as a preferred course if study in Malaysia? That is something that should be adopted by other nations to help improve knowledge and awareness.
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It could be market makers who are manipulating the price of a particular currency. Binance records high trading volumes and most of the projects listed on there, are usually top projects with a dedicated team.
I doubt thar binance are involved in actively pumping and dumping tokens on their exchange. Which coins have you noticed to show such inconsistencies?
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As long as the distribution is transparent and dine professionally without the team hoarding to large amounts of the total supply for themselves. Then a larger supply can in no way limit the growth of a project.
A buy back model created to burn coins can help improve the value of the coin/token (less supply = more demand) But it is a very delicate topic that has to be handles very carefully and within legal jurisdiction.
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It is best to put a link to your source of information, as it gives it more credence.
Prepaid Cryptocurrency cards are not a new trend and bitcoin ATM stands are springing up all over the world. Although some projects have tried and failed to implement crypto cards into their idea.
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Considering the fact that only one in a hundred ICOs are actually worthwhile projects when you filter out the scams, the imitations, the gambles and the unrealistic projects.
ICOs struggle to even raise funds to continue the project these days, I think a real threat to get bitcoin dominance is the already established currencies. Like Ethereum, Ripple, bitcoin Cash and so on.
As traders or investors, variety is always welcome.
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We have not heard eleven months of decline. People should come to terms with the fact that last year the price of bitcoin bubbled, for a while. And considering mining cost we, are now much closer to the real value our bitcoin.
Of course with heightened adoption I am very optimistic for another such bubble in the foreseeable future as we move towards value consolidation.
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I never quite caught up with the optimism around bitcoin ETF as I don't see it as a future price stability system. With the risk of manipulations and constant rejection and the whole idea of a centralized system where the sec holds sway, I do not think it is imperative for bitcoin adoption.
BAKKT I believe can be very influential on direct bitcoin adoption and would have a positive long-term impact on its value.
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This thread is not suited for this board. Speculation (altcoin) board is meant for discussions and predictions about the market and chart flow.
Meta is an appropriate board for all posts related to the forum. You can move this post there using the move topic option at the bottom left of your thread.
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It could as easily drop below that range, I doubt it would go lower than $6100 at this point in time. And also intermittent drop in prices shouldn't cause much panic. Long-term investors are hodling, and there is still profit opportunity for traders even when the market is red. Considering each currency responds differently.
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Everyone is advise to always do their due diligence when trading or investing. And always regard the opinion of others as speculations, based on their personal interpretation of the market.
Also, let me appreciate the OP for sharing, whatever his/her motive might be, they have provided an opportunity which others can take up.
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I recently happens upon a project in developmental stage which planned on running in the DAG algorithm and it made me research more on it, and projects which have been built on that technology.
This project has since switched over to ERC-20 for lack of expertise to run on the DAG platform. I wouldn't want that to colour my opinion if the DAG algorithm. So I would also like to know about current projects utilizing DAG.
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Bitcoin is always rising and falling alternatively, the price is never fixed.
A better way to put it is; would there be a bull run in 2019? I would say, yes. 2018 has been a slow year and mostly inactive for bitcoin, that could be a catalyst for growth come 2019. With more investors, institutional and cooperate coming into the bitcoin space, the value is ripe to explode, at the slightest spark.
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I would rather, organic, gradual, and sustainable growth, than quick sequences of sudden pumps followed by quick drops. XRP is of course one of the best cryptocurrencies to invest in, and can give massive ROI, I would invest in it for it's long-term potential and not as a pump and dump scheme.
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Considering the fact that most people but at the peak of near it when there was lots of FOMO. I doubt any one would be selling at a loss, especially with all the positives that could be taken from this year Higher sustained support. Resistance to wide fluctuations. And major news in the pipelines. 2019 would be a very promising year for cryptocurrencies.
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Such actions could create an opportunity for local exchanges to spring up and thrive especially if they have the support of the government.
The Middle East us becoming a large cryptocurrency hub and I doubt this would much limit it's growth.
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Most newbies Spambies avoid reading anything at all, stickied or other replies in the post they are replying to. It's a habit that has to be curbed as it gets alot of people banned as they are ignorant of the forum rules.
A user that gets a temporary ban and goes back to the violation which got him/her banned can that result in a permaban even if the offense is not stated to warrant a permaban.
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Any major news now could spark excitement and could herald the coming of a bull run. Bitcoin ETF approval would be a huge step, although I am not entirely sold to the idea that it is necessary for bitcoins global adoption.
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New technologies and designs are meant to improve upon and replace existing ones. Currencies was invented and it replaced the existing system of trade by barter, a digital asset which is accepted as a currency could open a new door to how we transact.
Gaining acceptance as a currency is not cheaply done, especially as a decentralized system. Bitcoin and fiat could function together in the same financial ecosystem without any giving way for the other... For now.
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