Why should anyone need those certificates? What kind of services are opened for owners of such certificate?
it is mostly a money grab kind of thing that this website is trying to do. to be fair the topics they claim to be covering are very intriguing although it all depends on the quality of it and i would never bother with something like that. if some day i wanted to do something my Github repository is worth 100 times more than any certificate any of these places could give me!
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Looks like the price quickly got back to around 3970$ after surpassing the 4000$ level. This is the second time bitcoin price surpassed that level and it failed to maintain it there
if you change your views from "bitcoin price is going from x to y" to "bitcoin price is staying between x and y" you can see that nothing is happening and nothing is "failing". price is currently staying between the higher level at $4050 and a lower level around $3900 and that is a small 3% window which we go up and down in. and it will continue for some more time.
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I do believe that some of the top 10 altcoins in cmc has a place in the world like eos, ada and neo. The real shitcoins are those other altcoins that are now 1000-2000 in existence which are offering the same service, with the same system but with just different names.
Maybe the platform upon which they function are the same, but this doesn't mean that the top coins in the cmc and rest of the altcoins were the same. There are more ico based assets, but there is quite a small number of coins. Among these coins very few goes as a scam. Taking the same into consideration it is good to go with those coins. you kind of have a point but not quite. mostly because these "top" coins in CMC are mostly the same breed of useless coins but they were more familiar with the market and had a lot more money to manipulate it and advertise it and a lot more to pump and keep the coin on top. but that doesn't make them any better than the shitcoins at the bottom of the list in CMC
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there is absolutely no reason why a social media company like Facebook would want to create a cryptocurrency and there is absolutely no reason for anybody to buy or use that cryptocurrency or better be called centralized token.
if it gains any value and if people invest in it, they would only do it as an investment in the "name of the company" as they would when they buy the shares of Facebook company on stock market.
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it seems to me like day traders are starting to get bored with the stable bitcoin price again since most of the small fishes have already finished their accumulation so now they want action. since they have low faith in whales letting the price go up they stick to spreading nonsense FUD to go the other way and make profit in that direction
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Despite being down 80 percent from its all-time high,
it is closer to 85% than to $80% a fairly large number of investors are still cautious and shorting bitcoin in a low price range.
being cautious means not doing anything and waiting for a signal or at least trading with a small window, shorting is the most dangerous thing anybody can do right now! Bitcoin shorts achieved a 3-week high earlier this week, demonstrating a lack of confidence of investors in the cryptocurrency market in the near-term performance of bitcoin.
i'm sorry but i can't believe in this because price is stable! who is shorting something that doesn't even move? But, according to a trader known to the cryptocurrency industry as “Galaxy,” bitcoin at $3,000 may be a rare opportunity that does not come again in the future.
no shit Based on that trend, the trader said that investors will likely never see Bitcoin at $3,000 once again after April and the dominant cryptocurrency is en route to recovering in 1 to 2 months.
it is not possible to come up with any patterns at this stage. price may start rising this week or next month or in a couple of months from now. the drop is even possible but only if something terrible happens out of the blue.
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"Gerry cared for his customers"
ok, cool lady. now you follow your deceased husband's footsteps and care for his customers, sell your assets and clear your husband's debt to thousands of users who trusted his business thinking he is not naive enough to store them like this!
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Those who reply are either too dumb to realise the thread is trolling,
sometimes you can't leave such topics unanswered specially when they are spreading misinformation and have the potential of misleading any newcomers that might read them and double specially when the topic is being kept alive and on top by spammers and isn't removed by the mods despite it being reported!
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When someone want to be rich they can't make it possible by working 10 to 5 everyday, We need to have more income sources like four or five different fields to ensure our constant earnings
this has nothing to do with being able to become rich whether you work like that or not. and you can't have more income (specially 4-5 sources!) without working your ass off or have a huge amount of initial money (like inheritance or falling from sky into your lap). money doesn't grow on trees! you have to work hard for it to earn it first and then be wise about what you do with your hard earned money. what you are saying here is basically skipping the first step! which is earning money first by working, or hard work. and that is an important distinction in my experience because people who earn money the hard way know its value a lot more than those who just gain it easily like through inheritance. and the first group are always getting rich faster and easier if they are a little wise.
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How can a deflationary model be bad for the economy?
it is not just about deflationary model it is mostly FUDing about bitcoin, and it is damaging to economy but the economy of certain groups not generally. specially in India where there is a lot of corruption in their economic systems. as people exit their traps and go into something they can not control called bitcoin it is damaging to their pockets so they lash out like this...
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that is not just whales, anybody who is accumulating right now has been taking the money away from those who were selling. that is how the market works anyways, some people sell (give up) at the bottom and some others are buying at the bottom (aka accumulating). depending on the size of their pockets you can call some of them whales but it is not just whales! for example i also have been buying in $3k range and i am nowhere close to being a whale
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Everything can be change in a single minutes this is cryptoworld
this is what most people who are "speculating" forget most of the times when it comes to bitcoin. last time we were in a ditch similar to this one price was stable for a very long time with people saying it will drop all the time and then it only took about 6 hours to rise up $2000! considering how many people are waiting to buy bitcoin now, the same scenario doesn't seem that unlikely to me.
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[..]
1. What kind of stupid person would make 5 mistakes one after the other? 2. If it's an error from a badly coded wallet software then we would have far more similar transaction than just 5, I looked at the address and it seems to be sending out so many transactions.
Yup, that's why I think it's intention. Ether gas limit is 21000 by default
you can't really jump to that kind of conclusion without knowing what software he was using and also checking its source code to see what really happened. for all we know this is a bug in an automatic service script or something like that which had a bug that occured on certain cases which we saw in these transactions, the owner has probably caught the error by now and has fixed it. (it wouldn't be the first time something like this happens).
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think of bitcoin as a public storage with a lot of boxes that are locked. when people send you bitcoin, they send the bitcoin to that box that is held by everyone who is running a bitcoin application (full node). to spend it you need the key, and anybody with the key can open that box but you have to have that key. that key is your private key and that is stored in your wallet. that is why you receive your payment even if you are not online, or your phone dies,...
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you are fighting a losing battle when you try to replace something that is working fine and is very secure and decentralized ,.... with something else that is not tested, is more centralized and is inferior technology to POW.
as for the price, you are ignoring all the damage that your supposed change is going to inflict on bitcoin. basically you are burning bitcoin to the ground so that MAYBE price rises after it. so first you will drop it down to $0.01 and possibly even kill bitcoin so that maybe it goes up to $0.02
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it is not some switch that you flip and suddenly (overnight) some large amount of money pours in which you then refer to as "institutional money"! it is something that will happen slowly, like any other form of adoption. and it has been happening all along. one thing that you should keep in mind is that usually when these things happen and by the time you find out about them it is already too late because price has already gone up too much. so by the time you figure out they are already in, price is going to be about $50k.
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you are portraying those with bitcoin as members of some cult that are following some belief with blind eyes and closed off brains. but it really isn't like that. the fact that some people own bitcoin and are buying more of it has nothing to do with them just believing in bitcoin. it is about seeing its usefulness and seeing the features that it offers which can not be found anywhere else. and bitcoin doesn't have value just because it exists. it has value because it has utilities.
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40% inflation, 15% unemployment.
these two numbers are missing a couple of zeros ... Just one, those are the 0fficial rates . But even on paper, their economy is heading for disaster and just like the others, even if they do create a crypto coin it won't help them a bit. haha, i was only half exaggerating; the official rates are mainly for fun. if we look at those rates it still says 1 USD = 42000 IRR but the reality is 1 USD = 130000 IRR right now which is about 210% rise in about a year. and inflation is following that at a nearly similar pace.
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The last time in 2017 we didn't have any of those, all those that endured years of bear market since mtgox had months to dispose of their coins and take a hefty profit, right now we have thousands if not millions of coins that are waiting to be sold even for a tiny profit just to avoid taking a 66%-85% loss and a lot of traders now that.
FOMO has different stages and different levels. after the previous big bubble burst ended in 2015 the price was similar to today around $200ish and then the FOMO hit and it went up fast to $300 range which was nearly a 50% rise. that is the type of FOMO that i had in mind. the other type that you are talking about is the final and the biggest FOMO where price went from $9000 to $20000 which is a much bigger rise (122%). Fomo started in April 2017 after prices went over old Bitcoins ATH. Yes it slowly formed until thanksgiving when grandmas were shield to buy Bitcoin. That was the fomo and new fomo will nto start before price fo Bitcoin wil not reach $20k. Even when it will it will be tiny fomo but will grow stronger while the price will slowly grow. After $100k it will of course totally explode. that is not FOMO my friend. that is simply rise or a rally. a FOMO or fear of missing out is happening when people irrationally buy some asset with such big enthusiasm that shoot its price up. you can call the last month of 2017 when price entered the 4 digits space a FOMO but not up until that point. we had a lot of solid reason for all the rise that happened to that point.
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Without mentioning any names, I'm currently signed up with 2 "cloud" mining sites with minor investments of about 10$ each. I've managed to make back about half my investment (if you want to call it that) after about a week. These sites have since been flagged as scams and I think the only reason I may be seeing a return is due to the size of the contributions I've made. I'd be scared to invest more than that.
that is actually how they get you! first they show all signs of return and show a lot of good numbers to lull you into giving them your money and then they slowly turn the faucet off and after a while you realize you are losing money. a couple of years ago they were even "giving away hashrate"! i even earned about 0.03 BTC by claiming these free ones without investment before they realized they shouldn't let people withdraw without investing
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