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Cryptocurrency are mainly use for investment purposes. Cryptocurrency price and short term profit criteria is the main reason behind its popular investment history. Bitcoin is perfect for short term investment. Bitcoin price is approx 3600$ which attract many people to use it. Bitcoin is also accepted by many companies like Microsoft, Samsung, amazon etc which also help to its market price.
But for long term investment Ethereum is good because of its less volatile and high stability criteria. Although other cryptocurrency can be used for investment but they have no profitable criteria like bitcoin and Etherum and their market price are also less from them.
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Ripple will die soon as many experts say and ETH is not so reliable now but its value is still very high which makes it very promising for investing today too. So I am for ETH.
In comparison between Ethereum and ripple, i choose ethereum over ripple. Because of Ethereum growing market price. Ethereum market price is high then that of ripple. Ethereum is also accepted by many multimillion companies then that of ripple which boost its popularity. Ethereum also accepted by many country in comparison to ripple. Many people choose ethereum over ripple because of its increasing market demand in trading etc. Ethereum also provide better transaction facility then that ripple. |
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I dont think ETH will reach bitcoin price, in my opinion bitcoin is just too mainstream to get dethroned for the most expensive cryptocurrency category. One thing i believe on though, is that in 2018 Ethereum will rise more percentage wise than bitcoin, so that being said, in my opinion you will make more money if you have your money on ethereum than if you have your money on bitcoin.
Yes, i also think that Ethereum can't beat the price of bitcoin in resent some years. Ethereum price is too low then that of bitcoin. In this time Ethereum price is approx 300$ and bitcoin price is approx 6400$. Ethereum has the capability to beat bitcoin popularity. Its less volatile nature attract many investors for long-term investment purposes. Ethereum is also accepted by many multimillion companies which makes its future safe and brighterand also help it to increase its market price. |
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With the price of bitcoin continuously going down, do you think that altcoins could be better right now than bitcoins? I trust that bitcoin prices will still rise perhaps next year, but with the price still going down, maybe altcoins have a better chance. What do you guys think?
I don't think so that altcoin is better than bitcoin. Altcoin has potential to beat bitcoin but still Altcoin are upgrading currency and bitcoin is a upgraded currency. Bitcoin is a faster growing currency with high market prices in comparison to other cryptocurrency. Because of this many people use it for investment purposes instead of altcoins. The price of bitcoin is also brings a large number of users towards it self. In this time bitcoin is highly accepted by many online retailers and bussinessman then that of Altcoin this things provide much more popularity to bitcoin than that of Altcoin. |
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Cryptocurrency market provide profitable criteria for investment purposes. It provides short-term profits and many people get benefits of that because of this many people use it for investment and everyone want to rich or get profited in short time and in this thing bitcoin help them properly. Many multinational companies start investing in it and use it for various purposes and this thing help it to increase cryptocurrency market price. But in my opinion cryptocurrency investment is not stable because it has not strong basement.
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Different people have different opinions about today’s bitcoin market. Many people consider it is a bubble where as many people consider it is as a future currency. Bitcoin is mainly famous for its investment purposes. Because of its increasing price many people invest in it but because of its volatile nature some time they loss their money and consider it is as a bubble. In my opinion it is the future currency. It is accepted by many multimillion companies like Microsoft amazon etc which will help it to grow its market price in future.
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Cryptocurrencies certainly offer some advantages that are absent with fiats, however, fiats play another role for government as it is a tool to control the supply of money and as such control the economy, that will be difficult to replace with crypto in the future
Fiat currency are as much as need like crypto currency. crypto currency are not a stable currency and fiat currency is the base of any currency system. Cryptocurrency is not globally accepted and its is only use digitally. But their are many places in the earth where Internet is not present, because of this cryptocurrency at that place is not usable. Cryptocurrency is a complex digital currency because of this many people still doesn't believe on this. Where as fiat currency are simple to use and everyone know about it. In many Place and country cryptocurrency is not directly use. It is converted into fiat currency then it is used. So fiat currency is a necessary to the world economy. |
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Different government have different thinking about bitcoin. Although bitcoin is a decentralised currency but it still need the permission of government in order to run in any country. In countries like japan it work with their government to improve their country economy. In countries like Germany and Africa India also accept bitcoin and its profitable advantages. Where as countries like Bangladesh, China, Ecuador Israel etc ban it because of it decentralised nature association with criminal activities etc.
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Yes we need altcoins but we do not need more then we already have i think we have like 1200 coins in total and nobody follows them all everyone follows the most popular ones and they only try to follow one if they see how much they can make.
Yes we need Altcoin. Altcoin are as much as important then that of bitcoin. Some Altcoin are more advance then that of bitcoin and some of them are more profitable then that of bitcoin in some serious circumstances. Altcoin like Ethereum is good for long term investment purposes because it less volatile nature then that of bitcoin. Which help many investor in their investment. Litecoin is providing better block size. And this block size of litecoin help it in its speed transcription matter. And make it best cryptocurrency for transaction. Ripple is a most advance crypto which is not just a simple cryptocurrency it also help in developing of apps too. |
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It is better to invest in altcoins, which are supported by the community. Altcoins that are created primarily for people
I don't think investment in Altcoin is a long-term profitable thing. Because no altcoin has good market values like bitcoin and not widely distributed too. In the mean time altcoins are in developing condition. In reality their uses is also less then that of bitcoin. People choose bitcoin in comparison to Altcoin because of its price and popularity. And bitcoin price also make it an profitable investment tool then that altcoin investment. Ethereum is the only Altcoin which has good investment values but not for long time. |
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If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
Bitcoin is good cryptocurrency and comparing to other it is the best. Its price is also higher then that of other cryptocurrency. But it has some demerit or downsides. First of all its its irregularities in its production and distribution and this is occur because of miners fault and this thing affect bitcoin price. Another thing is its volatility which is biggest reason behind investment crisis. Many investors looses their money for their. Some other down side is its involvement in criminal activities. |
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Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
Bitcoin is a decentralised currency which means it doesn't under control of any kind of authority or government. It is an independent currency. Many government ban it in their country because of its decentralised nature. A government can ban bitcoin just in their own country and influence other government to ban it. And in this way government can kill bitcoin. Government ban it because of bitcoin's volatile nature which influence an country share market price and produce trouble in their country economy sector. |
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Almost every year news and issues against bitcoin spread everywhere. The price dump and pump. The scam accusations against bitcoin seems normal. Some people think it is ponzi. Limited supply of bitcoin. Being decentralized. There are so many reasons of bitcoin to stay stronger and stronger every year. In the next 5 years what do you think to happen on bitcoin?
In this time bitcoin get mixed respond from both economist and by its users. Bitcoin has both beneficial and non beneficial sides. But i think after the 5 years it will increase its price and popularity. Bitcoin is accepted by many multimillion companies which affect positively on its price. And these things save its future and also increases its market price. Many people use it for investment purposes and this thing also boost up its popularity and market price. In many developing and developed country it work with their government in various development projects. So these above thing secure its future. |
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I just assumed doge had been dead for around a year or so, regardless of me paying attention what help would segwit do if the blocks aren't full?
Like every cryptocurrency dogecoin is also an decentralised currency and its also based on the same complex algorithm like other cryptocurrency. Dogecoin price too low. In resent time its price is 0.0060 $. Many people still doesn't know about it. It is also not a good for any investment. It has not a strong community base. It is accepted in small numbers of area. Dogecoin is a not also accepted by any big companies because of its price and less popularity. |
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If you chose to transact with altcoins then ETH is the best solution. But, if you compare BTC with ETH than BTC will always place in the first position. However, both are performing great and have good potentials. You may invest in both.
In some case bitcoin is better then Ethereum and in some case Ethereum is better then bitcoin. Ethereum has potential to beat bitcoin but according to resent conditions bitcoin is on the top of the Ethereum. Ethereum price is also low then that of bitcoin. And Because of this many cryptocurrency beginner star their cryptocurrency carrier with bitcoin. Many online retailers choose bitcoin for their business purposes instead of Ethereum. Ethereum is a still upgrading currency. |
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We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
Different government have different agenda with bitcoin. Some of them have good relationships with bitcoin and some of them have a bad relationship with bitcoin. The main reason behind government declare bitcoin is illegal is its decentralised nature which directly affect their country economy by affecting their country own currency at international market. Another thing is its volatility which affect an country share market value which ultimately affects the country economy. |
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There are lot of advantages present in bitcoin. First of bitcoin is a decentralised currency so it gives freedom to its user in their bitcoin job. Next thing is its p2p (peer to peer) transaction. Which is highly advanced untraceable and uninterrupted money transaction facility which also provide secure superfast transfer support. Another advantage of bitcoin is it online availability that means many small businessman and online sellers accept bitcoin as payment. You can also book flights, hotels etc with bitcoin.
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I think it's worth it, but ETH should take a long time to compete with BTC. well with a long time is then BTC will also continue to grow so difficult ETH to compete with BTC.
Ethereum has ability to beat the bitcoin. But their is lot of thing in it which creat trouble for in its progress. Ethereum price is too low in comparison to bitcoin. Because of this many investors shows their first interest in bitcoin investment. Bitcoin is also accepted by many government in comparison to Ethereum and many online retailers and bussinessman choose bitcoin in comparison with ethereum for their online trading. Ethereum is still an upgrading currency not a upgrade currency like bitcoin. |
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Eth has become popular, do you know the reasons?
I think people are too stress with BTC decreasing, then they sell BTC out to buy more ETh.
Ethereum is a growing currency and it has potential to beat bitcoin. According to a survey Ethereum is the second most used cryptocurrency for various type use. According to price it is also good for investment and many investors also invest in it because of less volatile nature which is a good asset for long term investment. Ethereum is also accepted by many multinational companies which help to improve Ethereum price and popularity. Ethereum is also use for money transaction medium. These things made Ethereum popular. |
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