People have used to the stable fiat currencies and has lost hope due to the inflation. Once again they'll not go over a stablecoin. With bitcoin the growth reflects on the volume that we hold in our wallet. One who has experienced the growth will never go for the stablecoins for long term purposes. Understanding all the high Volatility with bitcoin, people have started to prioritise it. This is a new era where technology is given importance than the traditional things that are highly into corruption.
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Both are much trusted coins of the coinmarketcap. Ethereum serves as a leader to the entire set of altcoins, and the smart contract platform makes it more real-time usable. In terms of growth ethereum has marked much higher level of growth compared to BNB. In my understanding BNB will soon grow high in value marking its growth as it is exchange backed.
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Right now decision on buying of crypto needs to be made thyself. As the entire cryptocurrency market is bullish one need to spend big to profit. In my learning, users who are into trading can buy at this increased price. As the market is fluctuating, surely one can profit out of the difference taking place at time intervals. If that isn't possible, then one should wait until the price correction takes place to buy at low price.
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XRP keeps partnering with more and more banking network. This is how the network is getting stronger and growing in value. People always say XRP to be a Centralized asset, but the usage on transaction needs is very effective. Following several other banks operating on the Ripplenet now Bank of America getting added doesn't seem to be a big thing.
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For every price barrier to be crossed, it takes time. Right now the price seems to fluctuate within $19000 - $20000. The price will settle at some price point, and from there a growth gets initiated. By the time we can expect the growth of bitcoin to mark its new ath. Rather than the expectation $19000 is reached, same as this too price movements can happen. Lets hope for the fastest reach of new ath.
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Whenever the market turns bullish only the positive vibes were kept alive by the whales. This means the positive news only circulated avoiding the negative news. Maybe when the market turns bearish more speculation with the negative thoughts reach the market. We can't term anything to be a threat to bitcoin or the bitcoin network. It is the whales who make the market fluctuate. Even now if a huge fund is being transacted, automatically it'll be taken into speculation.
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During the covid-19 spread common man affected big in their economic situation. Our forum and the bounties have helped overcome the hard times. The true blessing is the market progress happening during the hard economic situation, because by the same time world market and the economy of different countries went negative.
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Transaction delay is quite often experienced with bitcoin. Bitcoiners have used to it. If bitcoin is supposed to die for this reason, now it could've happened several times in this eleven years of time. Whenever there is strong deposit and withdrawal of bitcoin, the network gets congestion and the same reflects on the delay of transaction confirmation even when high fee is provided. These issues are part of the network which gets resolved with time on updation.
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On the one hand, it is convenient, especially if it will accept not only bitcoins, but also other cryptocurrencies. On the other hand, this company requires passing KYC, which does not suit everyone. But in any case, this will have a positive effect on bitcoin holders - price of this coin will grow again.
When something is added to the business it'll be tested for the effective functioning. If there is good response in the global market automatically further list of cryptocurrencies gets added. Initially the top listed cryptocurrencies will gets added to the network, and further some plans to have their own cryptocurrency. AirBnB won't get into some sort of business in coin creation.
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Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.
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The rise of bitcoin is happening as a result of more people getting into the cryptocurrency usage. Today the price of ethereum too grown high, upon which there is more chances of gradual price increase. The market progress is happening in a much steady manner. Even if some form of price fluctuation happens, surely the price will grow further. This time the growth is not as the previous bull market of 2017.
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News states about the discussion going on regarding the acquiring of LVB by DBS. No official confirmation has been made from the DBS banking network. If LVB is acquired by DBS then within India we'll see a more digitalized banking service, because LVB is one among the bank that is much focused on the rural areas.
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I suggest you remember one important cryptocurrency axiom: Nothing can replace Bitcoin. If you need fast and inexpensive transactions, you can use TRON, UOS, Ripple, Doge and other coins. After a hard fork in 2028, the influence of miners on the price will greatly weaken and bitcoin will become a new global financial reserve. Agreed on the statement. When the mining of bitcoin reaches the maximum supply automatically the miners influence over the bitcoin will gradually reduce. By that time the transaction fee will be the earning for the miners. Based on this there hands will be over bitcoin, because they're the one to decide the transaction fee. Even now governments have started considering bitcoin as reserve. After deep analysis about the future only these decisions would've been taken.
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Investing over ethereum is a better choice compared to making investment over other altcoins in the market. At some point the growth with altcoins will get ignited, by then there'll be gradual growth in the price of ethereum. Upon the same I'm sure ethereum will grow high, and considering the same it is good to invest into ethereum. When you make an investment over the top listed altcoins nothing to worry. Sometimes you might require patience to enjoy the profit.
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In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
What is wrong with aiming higher? Don't take it as a mistake, greediness, and having a high goal is different. Also, usually, these investors are not really pushing themselves to earn a lot of money, some of them are just taking and maximizing the profit they can get and forcing them to earn more. They are careful, wary, and at the same time wanting to earn more, but for me not to become rich but to become successful. When you're successful automatically it gets reflected on your wealth. These day success is defined based on the wealth and not based on one's achievement out of his passion. When it comes to cryptocurrency market just because you're wise you can't make money out of it. You need to be lucky enough to invest on the right asset that has got the highest growth in short. It isn't possible to find the right one with ease. If you're wise and you've got large capital then you doesn't want to depend upon luck.
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Analyse about the need, and if you're in need take the profit away. I state this on my personal experience, last time (2017-2018) when the market was around $18000 I just kept hold targetting $20k. To my expectation the price reached it, and later the immediate drop happened reaching around $18000. Mind wavered and I kept hold for $20000. It didn't happened and missed is missed, the price started to drop. So, it is good to make use of the right time than going emptied.
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This time it has happened with the price rise of bitcoin. On the other hand till Biden enters the White House the talk of the town will be about it. Once that happens, people starts to talk of economy, covid and other striking issues. Now people are in the urge of making money to spend on vacation during the upcoming month. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Gold and bitcoin both are good investment, gold is valued based on the history of its usage and the rare availability. When it comes to bitcoin everything is almost same, only difference is the mining process takes place electronically.
Whenever you plan of making an investment it is always good to understand well and move further. Because both forms of investments are speculative and doesn't move following specific procedure.
Bitcoin can be preferable for short term profit as the growth will happen in large scale in a short time period. With gold the thing is entirely opposite.
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Bigger growth is expected with bitcoin to happen over the falling weeks. This could make the price reach $20k at the shortest, as more volume of funds are coming into bitcoin. During the previous bull market the price grow high when it got closer to bitcoin.
This time the growth from the price around $13000 is happening in a stabilized and slow manner. This means the price used to move within few price points and then cross big barriers. The same is happening at present, so the market is growing with better stability.
When there is growth in large scale, in $1000s surely there'll be some form of panic wave making the market to crash. So, the growth happening in a stabilized manner is good for the market.
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Too optimistic I think my friend...currently BTc trades at 17.500$....it still has a loooong way to go!
That's what they said beginning of 2017, price is ~$1k, people saying that the top will be $5k, but look at how that year ends, we reaches all time high of almost $20k. So never underestimate the resiliency of the bitcoin market. At the current price, it's just 2x, so I wouldn't be surprised in 2021 that $35k or even more at within our grasp. $35k is not really that too high to reach because looking at the current price, it's very possible for bitcoin to reach another ATH even early next year. We just need to be realistic sometime not to expect too impossible for bitcoin because it might turn into another hype. But $35k to $42k is very attainable and i guess most of us here agrees to it. Yes, that's really attainable, in 2021, I agree, even $50k is within reach in the next bull run. And if we are going to look at the 2017 bull run, the volume of today is the same or even surpasses it already. So there are enough, maybe fresh bloods or average investors or institutional money going in to keep that $35k doable in the next year. So I wouldn't be surprised, that we will touch, just a matter of time. This isn't a surprise considering the market widening compared to the market of 2017-2018 along with the ATH price that's been reached. More expertise predictions too state the possible chance of price reaching above $30000. I'm not sure about the driving force of the current market on the bullish track, but I'm sure that the covid-19 helped the cryptomarket good making more people learn and get into the usage of cryptocurrencies.
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