Yesterday after reading that Japan has opened its way to Bitcoins exchange, many Chinese traders will move to Japan or South Korean exchange market. Not to mention, Hong Kong is also a bitcoin player (Gatecoin). So this trader from China has shifted to other countries to continue to invest in the cryptocurrency. China represented only 10-15 percent of the cryptocurrency market. So even though China has banned the use of Bitcoin... Chinese traders will not stop as they see the future of bitcoins was brighter than ever...
The Chinese people are known to be very creative and resourceful and in this case they can use this great trait to continue doing business with Bitcoin although there are no more exchange allowed to operate within the jurisdiction of China. As long as they can have access to the internet, they can do business using exchanges abroad and this is actually what the internet is for...though now they have to worked on the possible blockage from the government censorship tendencies. China has a freak government who is always afraid of letting their people enjoy the usual freedom other countries are enjoying. I am then hoping that the new generation of leaders that will eventually take over the helm would have an open mind on new changes and new innovations that can take on the issue of control and freedom. I think it took them many revisions and other cabinet meetings to really ban btc trading. I would agree that many would country just for btc but as far as i know, chinnese businessmen are already scattered around the world. In our country alone there a lot of chinnese businessmen who operates on different corporations. So i think they can still easily attain economic progress even with that btc ban. |
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Im learning day by day about alt coins. But one thing I'm confused about is the market cap. What exactly is the market cap and how is it important to the success of the coin? Does a higher market cap mean a better chance the coins value increases?
Market cap is the total value of all supply the coin that already distributed into the market or in some words that reflected the total supply of coin that already existed. I can say that just like a valuation of the total supply already traded in the market and held by the developers. It could also be explained by the graph on each coin. How much it increased every hour and how much was in market and how much is already used. Also most caps has the price in btc as its the founding coin and probably most prices vary depending on how much is its price and in dollars as it is the most popular currency to us. |
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The world has started to realize how bitcoins plays in the world today... Many countries have opens its door to Bitcoins or cryptocurrency nowadays... howbeit, the reason for Bitcoin's rise. The demand has raised since it birth and although many countries want to stop it, the use of bitcoins has already proliferated... The ease of payment of so, the carrying of cash in our pockets has diminished if not gone ... and all that stuff... lead to the use of cryptocurrency more easy....
When bitcoin getting popular , more company or even CEO try to use this technology since bitcoin can do things that fiat can't do It's very useful especially in this digital era , everybody need some great innovation on transaction worldwide A lot had already invested in btc but the catch is sometimes the identity of these investors are sometimes unknown. A lot would say they are into btc but with the certain anonymity of btc, its hard know who invested how much. There are still many btc virtually and i think from this time developers are making blocks to ensure that if ever the supply runs out, there would be other blocks that could be released |
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Yeah, I have read this news yesterday... and it is a good news to know that after China regulated their use of Bitcoins, Another Country or door had opened to such... this way, the balance has taken its way... After so many scares in the market about the regression of its value, now it is gaining again...
Indeed relaxing to hear this. Because after a week of insane price drop, maybe we could now projectile high price increase as one country now made big headlines about btc. I certainly acknowledge that japan already are into btc way back few years ago but its still good news to hear this amidst china related issues that affected the price of btc. |
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I think it's the demand and supply on the market coupled with miner fees and the number of transactions in the block stream. It can also be triggered by negative news in the media it positive news too.
I think almost all stock are based on demand and supply. To avoid loss or to even how to control how money spreads, businesses tend to manipulate prices in what they percieved so that the commodity could last longer can last longer. Also in btc when a big investors comes in, it increases and the loss on some big sponsors greatly affects the price like how china banned trades on there country. |
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This is one of the most glorious days for bitcoin ever. Seeing it go from below $3000 to above $4000 (now almost $4100!!) it's a beautiful thing. China and JP Morgan are so impotent right now. They can no longer cause FUD on the markets because their word is now irrelevant to investors. As we see, the damage has been done, only way from now on is up.
The people stuck with short positions that were expecting lower prices must be filling bankruptcy right now.
Cant really blame them if they had some decisions like that. I guess they cant really control the outcome of the btc or they had advanced there knowledge through many years that it could really become a shady scheme that's still being in the process right now. I am not really worried if in 5 years this would become true because maybe by then i would be thankful to btc that at least i could a 2nd income source that came from bitcoin investing. |
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I would understand why it could get to that instance but i guess its just another economic problem to have a cryptocurrency version of any fiat that is out there. Its like making another money with the same value. They already have electronic money and it would take many years to put there currency in regulation and i think they would also need there own blockchain if they want that currency to have free and fast transactions.
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I get the benefit of coins in exchange for national currency on this occasion I often observe the movement of coins at any time to quickly find out whether the coins have a high or low value and expect additional income.
You are doing a very good job. I think you can get profit with Bitcoins in any way which seems comfortable to you. The best ways to earn profit are trading and holding of Bitcoin. You can earn a good amount of money by using any of the above mentioned techniques. I think it is all your hard work which matters the most. Sometimes for me also i also make profit in waiting for ICO's who release coins after having there tokens. I know its a lot shady but it is really comforting once these ICO has released there coins in the market and honestly i just had 2 tokens that were released and i had profit. It is very long time investment especially for small traders like me but it totally worth it. |
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Some WP not worth the time. Who like to read copy of one from many? But sometimes WP is an excellent book. Decor, content, idea, development - all makes us wonder. But it's so unique!
I think also most are the same although really they all have different but it has the same requirements for a good white paper. I do read white paper but not entirely and just read some important spots that can clarify the important details. What i do to see the integrity is sometimes i compare how much they spent on there campaigns and other expenses on there crowd sale. |
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I'm sure the bitcoin price will rise again and reach $5000 back, i think next month is also likely to reach $5000. Whatever news comes out, i only know bitcoin price of course after got decreased it's certainly will be rising back on its prices, that's only.
Well i think because china really did affect the price of btc and it got people into some dilemma. Because china was a big contributor in btc and how it was recognized around the globe but as far as i know, there are still a lot of countries are invested in btc and i think it could also be enough to get the price of btc increase from time to time even if there were any issues regarding another price decrease. |
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Who do you think would make the most improvement of all teams this upcoming season? In the West, I would place my bet on the Minnesota Timberwolves to really make a splash with a much improved line up that is ready to make a run to the playoffs. Meanwhile in the East, I think it would be the Philadelphia 76ers with their very young and talented core of Embiid, Simmons and Fultz.
What do you think about Rockets in the West? And for the East there is a crowd favorite team now which is Bucks, everyone loves Giannis and for sure he keeps on improving every season. I'm waiting for him to see in the semi's and if possible in the finals. I'm seeing him as same versatile player like Lebron, he got a big potential in his career I hope that he will not be injured early. this young boy really got a lots of potential can be LJ or KD this tall and strong competitive boy seems to be one of the most promising player from this new season though I'm still not convince that they can proceed and advance but its all about the game play and the coach will maximize he's talent. There is no big competition in the east so it's possible the Bucks will be able to make it to the playoffs, they have done it before and I think their squad now are improving, they have new acquisition that could deliver and it just need to take some time to mature. I guess for the upcoming season the Bucks will make it to the playoffs, either they will be listed in top 7 or 8. Well i think there might actually be changes in the east. True that no compietition but stars have already transfered to other teams Brook is now at the lakers and howard is at charlotte. Plus the trade is not yet finished so many could change. Bulls may have lost butler but there is also lavigne who can be a threat in the frontcourt. |
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With the "Advanced Chart" feature available in VIP.Bitcoin.co.id can help you, especially traders, to maximize the accuracy of your Cryptocurrency price prediction. Advance Chart has a more detailed look with various trading tools. How do you predict the bitcoin price?  I am using some chart analysis by using some apps, and by researching and having an update on the coins that i am holding. With bitcoins price i don't actually predict it i am basing in a bot that gathers a lot of information and it doesn't disappoints me. Well i am really in a long term process right now so i am not really keen on those analysis app and even news related to the price. But i am well aware on btc news that appears on sites that i am visiting once in a while about bitcoin. I sometimes get bored reading and watching the same chart of statistics over and over and some news that gets stock in a week like the issue about china. Everybody would say its a fall but it turned out to be nothing in the cryptoprice. |
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For me there is an disadvantages and advantages of receiving bitcoin as a payment. Because the bitcoin price doesn’t have a constant price. Sometime the price goes higher and higher and other times the price is getting lower.  Bitcoin price is a volatile which is the one the highlights of Bitcoin . You need to have a little risk taking capacity if you deal in Bitcoin . Yes overall there are many advantages of accepting Bitcoin as the value in near future may go up. You can buy altcoin converting your Btc to it . You can make payment to your local stores who accept it. Also check your government rules how they treat Bitcoin . I guess there are conditions also to be followed to at least avoid some disadvantages like delays and fees. Because from what i see, if you bought some item in 4 dollars and the fee for instant transaction might become 1 dollar. So some times items can be dependant on the disadvantages of buying items online. I would just say that let us just take btc as to what it is and start adapting to its disadvantage. |
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We can explain bitcoin to teenagers and children by giving them several examples and ideas like where bit coin started and where they can use and benefit when using bitcoins. But also educate them when it comes to spending because we will also need to always inform them that bitcoin is also a form of money that they can use therefore they will need to be wise when it comes to how they will spend or use bitcoins.
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I think so, maybe even down to 1k. At the moment it doesn't look good for btc.
The bubble had to clap apart some day..
Bitcoin is not a bubble, and I really think you have a lack of understanding about how bitcoin works in order to say that. I really don't think it will go to 2k again, but even if it goes there I don't think it will be a problem. People are just panic selling now, because the major China exchanges already said they will suspend trading at the end of the month. But they will get a license eventually and re-open and things will just go back to normal. This is not the end for BTC, I think it's just a good opportunity to buy again at a cheap price. If there will be other supporters of by who would want to invest in it then it won't drop. Cause right that btc needs are investors and really money to keep btc. I don't see it crashing but it would take time also to recover if there are no investors or miners to keep by on track. A lot of percentage was lost when China announced the news and its gonna take a lot of percentage also to recover. |
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It's not that I'm in a panic but big investors would really have a different kind mind set when it comes to this. We may not be affected by this because we are just users and traders who do small trades but this is a multi million dollar trade. Any small news is an issue and China is really making great change about the price. It may take another long time for btc to recover from this.
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
As always you must remember this, it is the right time to buy when the price is low and if you have bitcoin on your wallet hold on to it. And when the price is high it is the right time to sell and if you don't have one don't buy on the peak price it's risky. This market strategy been in trading since then so I don't think it will change for every event, so just relax at this moment. And just watch as the hurricane passed by and build everything afterwards. The current price of btc is so cheap but I recommend that we should wait for more since I think there's another dip will be happen since more people are now afraid for the china event and we should grab more when the fud fades away since I'm so sure that everything will comeback to its natural figure if things will be sorted out by the whales and bitcoins medium hodlers. And a lot of people now are hesitant to buy because of this new update about china ban. Because from what i know on stockstrade, people should buy it and if they have accumulated enough then they could increase even if there are many issues. But right now i could see there are still many people who are in panic to invest and still waiting how would btc hold after this great issue. |
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Well i guess the government of china really believe that btc if just a fraud, but there are a lot of other countries that really think btc can help the economy. The main issue is just how to regulate it without having some unlinked organization using it against them. I do believe that btc would still go up but its gonna be a lot of pressure and to be honest they need more support from other users for it to at least go up. Right now its now on pumping it again but rather make it survive again.
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I think btc is now on a verge of going down. I dont mean to be shut down but the price is really going down fast. BTCChina has really high influence over the flow on the market and because even one statement from the Governor of the blockchain there and most people are really in panic and is already taking precautions whether to continue investing on btc or not.
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I think bitcoin not announced that it will be ban but i heard there are ICO was already delisted that i think only ICO was ban not the whole cryptocurrency
If you heard that bitcoin is ban its a fake news better to look for btcc exchange or any china exchanges use the google built in translator to read and to see that fact that there is no bitcoin ban..
People are just panic selling even they are not reading the real source.
For now we are seeing more price drop and i think panic selling will still no ended..
You are right they only ban fundraising for ICOs and did not ban bitcoin in china. But yesterday an exchange (BTCChina) stop its services in china but other exchanges are working and they said that they do not receive any instruction from central bank of china. These are only media rumors which leads the investors to sell bitcoins which drop the price of bitcoin. I think we are all affected in some ways on how the price of btc is consistently dropping. Most probably would say they have never seen a big drop like this one and i dont its not just the investor selling btc is affecting this fast drop pace of btc. Developers may still have issue on why the price of dropping but i hope it wont really return to at least 3000$. |
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