happy 9000$ bitcoin. 9000$ is just the start we want bitcoin to go and touch ATH this year. nothing is predictable in crypto market and i feel that this rally may go higher and higher.
This will keep increasing since there are no new FUD or news that may hinder the price increase or people’s adoption. Some also say that because of the virus spreading like corona helps in the price to increase since people are seeking way to do transactions without contact to anyone. However, i think it’s due to halving that many buy bitcoin now. |
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Keep in mind that every time you join a bounty campaign, you need to look at the background of the project and many others, such as white paper, token allocation teams, sales of IEO, all research must be done, as long as you join, it will be risky if you don't do this research.
In first joining the bounty there must be failure and try to find a campaign that you know from the background first.
Paying Bounties is to too hard to find now, especially for newbies. We need to be diligent in finding whether the project will succeed and whether it is a legit project. We will be able to analyze it by closely watching wbow the response when the participants ask for payment and that they not delay in paying or moves the payment date every time. |
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I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.
why not possible? accepting payment methods with bitcoin or other altcoins will certainly make it easier for us to make transactions in the era of advanced technology as it is today, so it is not surprising if we see that today bitcoin is a digital currency that is very popular as a means of purchasing and payment easily without the need to pass through services banking financial authority. Accepting is way easier, but being an exchange is a different story. But if it will only be like a btc to fiat exchange in your area then OP can do it. It's also a way for him to have bitcoin as an investment at the same time as a business venture. Many stores will accept Bitcoin too in the future so it's good to be a early adapter. |
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There's no connection crypto with virus, the news is not accurate. Crypto connect with currency stability and politic ( now ), virus is department of health matter. We can't deny corona virus is dangerous but let China take care of it, never share news that corona is involve with crypto movement, that's wrong and can make people scare. If crypto vs halving as the title I think we can discuss it more transparent and objective. Stay away from news like that, it will make you confuse and choose to leave crypto because virus is stupid.
This will not change the fact that China have their own way of processing payment and crypto is not yet their thing. They consider having their own that will not really affect the crypto market as they created or plans to create only their own cryptocurrency. Hopefully the virus will not spread too much that causes this news to connect or dig relation between this two. |
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There should be more legit basis. The market is too volatile to do and many still doubts in it's use and adoption. The price always struggling to reach a new level to break. The resistance still hard to break there is a need for a more pushy process that will make the adoption happen. These will not consider as cycle since its changing m in different aspects.
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We still have to see if this is good for the industry. Japan I can say and even South Korea at least they did it step by step and learn from a lot of past mistakes. It looks good on paper but let us first see what happens when a licensed exchange gets hacked. What will happen to their users will tell us how the law truly protects people.
When banks get bankrupt in any country, government insist that there will be some percentage to give to their customers, however some banks can't really give it back and years passed that nothing happens, government might set rules but it's still the company situation will govern. It is good to have some support in crypto terms from government but it doesn't mean that when we got scam they are able to solve the problem. |
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If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more. |
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From some of the choices you give, then I would prefer ETH. ETH itself has the largest market capitalization number 2, has a variety of dapps in its platform and we can see that the average top 100 coins come from dapps in the ETH platform. So it is not possible if various developers of each dapps choose the wrong platform, besides that ETH has also just launched Ethereum 2.0 and I think it will have a good impact on the ecosystem, especially ETH prices in the future.
ETH still have room for improvement and does provide means of upgrading and development, the long awaited ETH 2.0 can be a help to make these alt regain its customers trust and new investors attention. Plus BTC halving may affect many altcoins price once it’s near to happen. |
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I think you can give several advice for bitcoin or altcoin trader but most important you guide them how to get salary to start trading with bitcoin and altcoin, after they get much money you can give the advice how to be success with trading in bitcoin or altcoin, did you have solution with my opinion above?
Now that bounty is no longer profitable unlike before we need to really invest our salary in real job to start trading. I think it's fine to do it now to atleast really care and be contiovs on where to spend and invest our hand earned money. |
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I believe in bitcoin technology, I believe bitcoin has provided many benefits to every user. but I'm not sure bitcoin is able to surpass the performance of traditional currencies, because bitcoin still has some shortcomings such as fluctuating prices, expensive transaction fees, not all countries accept its presence, and there are still others. don't compare bitcoin with traditional payment methods anymore, let them walk side by side, because they have advantages and disadvantages of each.
They can surpass it terms of conveniency, in my country mobile banking, over the Counter banking and bills payment were too hard to do due to limited stafs or counter that took long lane before you will be accommodated. Unlike in crypto it's on our hands. The only needed first is the proper application that will allow typical stores to accept btc, a portal or wallet app will do. |
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I think the biggest issue that new traders face to is FOMO on pump/dump. Most of news trader can not decide to buy or sell when market sideway and they only open new order when pump/dump happen. This may lead those traders into a trap and they have to cutloss all the time. Keep losing or cutloss will knockout most of new traders, then they finally trading like gambling.
Whenever it happens in me, I just think that I'm really decided to buy or sell it. When I set goal then it was reach, BTW I only set amount that can only be reach depending on time I wanted sometimes a week, and I try not to be greedy again. Though there were times I half what I aimed to withdraw or to sell. |
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I am not sure if you can borrow money online, but you can borrow money from offline. You can try to borrow money from your friends or your families. But I think you don't have to borrow for more $860 according to bitcoin price now, but you can reduce the money to start trading, especially if you don't have good skills in trading. You can earn 0.1 btc from altcoin, but you should have the altcoin, and you need to sell at a higher price.
I think you need to work on your offline first so you can get that money to start crypto trading. But it is not easy to do trading because you need to learn to trade, and you will need to until you can understand about trading.
Loan is applicable here in forum but not with OPs account as it needs to have collateral or atleast be a trusted member here. It will take time before he will be able to get from bounties due to his rank. There is a need for real job to earn and jsut use it to start trading, make sure to be knowledgeable in trading thou. |
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of course the best time to buy bitcoin is when bitcoin goes down. few days bitcoin has decreased and I predict maybe bitcoin will go down again to the price of $ 8k. maybe this chinese new year moment is affecting the price of bitcoin to go down. but if fear of the value of bitcoin goes up soon then buying now is the right decision. and I think the value of bitcoin is quite low at $ 8.3k when compared to $ 9k.
I's always good to invest in bitcoin as long as we have the budget some where to discipline that they make it a habbit to invest weekly of monthly. Some says they still able to gain profit by doing it . There is a thread that discuss it how they do it in 2019 |
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I think that ETH will be in the bear market all 2020 year, but it is also possible that changes in its price may begin after a successful transition to POS. many people now do not believe that the transition to a new mining algorithm is a good idea, but I think that if the ETH team will do everything right, then later people will understand why this is necessary and will actively buy ETH.
It's hard to determine it yet whether it will be successful as some fears change especially in top altcoins, but if it will be implemented correctly and will get praises from users then later on it may gain fruits that will be appreciated by many. Let's not just expect too much yet as we're still getting hard to get away from the bear market. |
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This is indeed a high risk, but a great initiative to start bitcoin adoption in your area so far. I haven't seen any moving cards with bitcoin QR or crypto on it, though, you have mentioned that your mom's wallet was already verified, this does mean that regulation in your area regarding cryptocurrency is quite good because they allow freedom of people to conduct business with crypto. I appreciate this and might try this out sometimes, but for now, I'll stick with selling prepaid loads to my friends.
It may open their idea in accepting crypto, but as really risk, to business owner you should also be aware on the volatility of the market. As much as possible have enough budget for the operating cost so when BTC drops at the moment you'll not sell it at low and simply wait. But if you just accept btc and then just convert it readily then it's no like other payment, those BTC paid should be a lot in your additional trading or investment. |
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Well it is not like 2017 anymore were shit tokens with no project was profitable, but now you can not make a good profit. No one will interested with your token. Don't be a scammer bro you just ruining the image of crypto.
After the 2017 ATH, we are able to see which projects are shut coin in a broad daylight and wide eyes. Remembering how my bounty rewards value lose before. So better not invest in shit Token. We should know to identify one so they might atleast give sense in their projects. |
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How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out
I also do it in different exchanges, its better and cheaper than withdrawing using BTC. Changing XRP is a cheaper solution too. Just convert it in a wallet capable of converting it easily. |
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I don't have any fork coins in my Portfolio now. I do have some alt but I prefer to still go in BTC. As we know that some alts were arises also when BTC increases. As many altcoins already shut down or no improvement its really risky to invest with them. Like what Waves happened that still no big developments or news to atleast hype their project. So we need to be careful in investing long term.
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This can give some insights that cryptocurrency exist in a different way how stable coins perform. There is an option depending on how much risk they are able to take. A lesser risk or the risky one. And stable coins can be use as parking area when we need to think and rest in cryptocurrency volatility.
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