You're right about that, it's an entirely different community now because of the money that is there to be made, most of the guys who were here for the tech are probably relaxing on a beach somewhere by now. You can go to certain sections of the forum and find lots of good threads to discuss things, serious/technical discussion would be a good start.
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This is what I console myself with. As far as bitcoin's growth and progression it had its best year ever in 2017. It does not make sense that it would then crash to nothing after such a great year that introduced so many new people.
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Regulations are the best thing that could ever happen to this ecosystem. I do agree with people that it more than ever grants the governments control over the centralized crypto ecosystem, but what do you guys want? Should governments outlaw everything related to crypto directly, and thus significantly decrease Bitcoin's utility, just because people think regulations are bad and against crypto? Grow up and accept that the entire crypto market as an industry has grown so large, that governments have no choice other than to regulate crypto. Regulations if fairly implemented, will stimulate crypto in its entirity to grow larger than we can even imagine right now. Japan speaks for itself. People not understanding this are just delusional and short sighted. Go cry yourself to sleep.
It's true, regulation is going to be a one step back, two steps forward kind of thing. There will be so much more trust around crypto now and much more institutional money will be safe to move in to the market. I do understand some of the people stating that regulation will be bad in the sense that it moves crypto away from decrentralization but from an investment point of view it will be overwhelmingly positive in the long run.
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The whole article reeks of a PR stunt. They did their survey on their platform that deals with crypto... Lendingblock is a securities lending platform for the cryptoeconom
It's like going to a church and ask how many people believe in God.
Now that explains it, you can see from my past message I had my doubts about the 2000 sample that they used. You've got to think that someone within their company must have the mental capacity to understand what a good sample would be? Perhaps it was their intention to have a biased sample.
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Anywhere to see what sample the selected their 2000 people from? I wouldn't be surprised to see it be people on the streets of London where the figure is going to be much higher. Many people in rural parts of the country will not have any idea what cryptocurrency is. I can name on one hand the people I know invested in to cryptocurency which makes it a lot less than 20% and for that reason I'm a little skeptical.
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We do not know yet what will be the conclusion of the talks because they are yet to happen. The safe money would be that the outcome will be further moves towards regulation but that's nothing new. Most of the major economies have already announced their plans for stricter regulation around cryptocurrencies. All that these talks might do is lead to a more streamlined approach and a common direction. That's actually a good thing because it will make the market much more transparent for all involved.
But what about all the criminals with their illegal money? They're now in bitcoin but will they be forced to sell? Those 'criminals' that may or may not exist. No one will be forced to sell but it would seem likely that a lot of 'less clean' money would transition in to privacy coins from bitcoin if there was stricter regulation put in place to target money laundering and tax evasion.
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We do not know yet what will be the conclusion of the talks because they are yet to happen. The safe money would be that the outcome will be further moves towards regulation but that's nothing new. Most of the major economies have already announced their plans for stricter regulation around cryptocurrencies. All that these talks might do is lead to a more streamlined approach and a common direction. That's actually a good thing because it will make the market much more transparent for all involved.
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It's better to play safe for now. Let's wait for btc to break the 10k then *hopefully* we can see bullish trend afterwards.
Do not wait for too long because now you can buy btc under 9k which is the best sign for buying anything under it. Once it crosses 10k it feel it would cover 2 to 3k in a single day only and then it would become too late for you to buy and will also miss this bull run opportunity as well. If/when the recovery comes it's not going to be a straight up recovery, it's going to be just as rough and bumpy going up as it has been coming down. We've already seen that there's a big amount of resistance in the high 11,000s and there probably is a lot beyond that as well. I don't think the market was a bull trap because I don't think it was bullish at all yesterday, it's been very bearish for the last 2 months.
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Good advice and you touched on all of the most important points. One thing I always look for is 'hype' - even some of the best projects fail because they have little hype and sub-par projects succeed because of hype. Ideally you will find one which ticks all of the other boxes and also has hype but hype is key, without it there will never be demand for the token and your investment will go to waste.
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Let's wait and see if EOS can even deliver on their promises before we get too excited about projects that might be built on their blockchain. I would be interested to see what sort of fees would be charged if this was ever developed, given how low transaction costs would be you would think some of this saving could be passed on to traders with fees under 0.1% but I bet they wouldn't be.
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Has anyone ever trade with Coinsbank or Bittrex?
I've never used coinsbank but have been using bittrex for a long time with little problems other than when it has occasional downtime or glitches when there's high levels of traffic. It's perfectly safe and very legitimate.
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Because it's a forum and people are entitled to their opinion rightly or wrongly. TA has its uses, the most simple and accurate one being to identify levels of resistance and support, it just should not be treated as gospel, I have seen some very good charts and some really awful ones.
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What about all of the many many coins that are very successful and don't even use a bounty because of the fact they have better ways to gain interest in their project? In my experience most of the best performing ICOs do not have bounty programs.
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Just a friendly tip: in future try not to put a space between each line, it makes it very hard to read and follow.
It's not surprising to see large corporations in Japan accepting bitcoin as they are by far the most forward thinking country when it comes to bitcoin acceptance. It's a shame that there's a limit on purchases of only $2760, this does not seem like that much but I guess it's with AML in mind.
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My speculation as to what's happening is this. The price was previously 1 satoshi but it was announced that the supply would be greatly reduced, people would trade in I think 10 pacc for 1 in an attempt to increase the price, it might have been even more than a factor of 10. My guess is that this has happened and that's why the price has increased but the total supply has not been changed and so it's using the new price with the old supply and that's why it's so huge.
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Hello guys, how are you doing?
I'm new into this bitcoint investment thing, however i do already have some BTC stored and i want to sell some of them as P2P.
Can you guys explain to me why P2P is better to sell BTC, than on Exchange, and where should i look(sites, forums, etc..) to generate contacts which i could sell and buy BTC through P2P?
Thank you for your time, sorry if i posted this in a wrong section.
The most important thing is to be trustworthy, be honest and be willing to use an escrow if necessary. At the same time you should be sensible to make sure the people you're trading with are also the same. The most common way is to use localbitcoins. P2P is better because it's decentralized and you might also get a better deal. It's a personal preference, I prefer to go through exchanges.
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Successful hackers are definitely amongst some of the richest people in the world, at least if money is what they are motivated by. I feel like for many that is not however their motivation.
Binance say they weren't breached as part of a hack but in fact all of the accounts were phished.
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I believe it's a good investment, they're quite cheap right now and kucoin always performs well. They seem to be the go to first exchange for many ICO coins and so will always have a good level of volume.
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So I started noticing a pattern. Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point. Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.
Have you noticed the same thing?
I disagree, the trend is more like this. Bitcoin pumps - altcoins fall/stable, bitcoin stable -altcoins pump, whole market crashes. Then it all repeats time and time again. Alts only seem to pump when bitcoin price is steady
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