The price crossed $500 in a much smaller time period along with the growth taking place with bitcoin. This time there is a good resistance level behind the growth and the price crossing $500. Maybe in the falling months the price might go high as the ongoing year is termed to be the year for bitcoin and the related projects.
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Zcash, Eth, electroneum to be the right pick for the month. Apart from this, for users who has a long term focus can move their attention towards pirl which is expected to grow good as it is under stability gain. As the price has increased a little now miners too will benefit out of it.
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Very few Super markets accept bitcoin around the world. Recent one happened with one of the leading wholesale distributor in Russia accepting bitcoin. Few coffee shops were found in Brazil that accept bitcoin, but those were not that effective. Another one is the Starbucks which started accepting bitcoin, but the price they charge is very expensive.
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Such a situation prevailed in India when the price of bitcoin continued to grow higher and higher towards the ath $20000. Recently when the price of bitcoin fell low, the market situation in India is worse with the value less than that of the other trading market. Now with the sudden price increase price might have pumped higher than the market value.
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Well, that's good news for the people of marshall Islands but it is no way the most exciting news. It will not even make the top 5 most exciting news in cryptoworld today. So much for sensationalism!
Lot things were taking place around the cryptocurrency network. This is one among that, and I don't think this is gonna make a big change as the usage from the small Island will be very small compared to the usage from legally accepted nation Japan. Right now the sensational news is the price pumping which is due to the tax day.
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There is a need for a support system or a competing system. Without this we cannot experience growth with bitcoin. As a technology evolution the growth happens in a combined manner. Now this can be experienced, look at the price moves. Bitcoin has begun to grow, same time Eth and other altcoins too have begun growing good.
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Rather than making an investment into bitcoin, it is good to have a diversified investment. Because lots of digital assets were getting into existence, if one is lucky surely he can make a big profit through it within a very small time period which is not at all possible with any other investment schemes available in the market.
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This was a news that was trending around the cryptocurrency network for a short few months back. In specific he is one of the luckiest person as well, because the investment was made before the price pumping. He leads his life in refugee camp with other fellow people expecting good fortune to happen within targeted years.
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The existence behind both the applications were the same, each differ from one another on some factors. Coinmarketcap gives a combined data on the respective token /coin. Blockfolio helps with tracking of the price moves with the combined portfolio being added to the profile. This lets buying and selling easier.
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Naah, today was just a big pump to get some short positions going. I myself shorted BTC as well.
With the sudden price pumping users have gained hope on getting good profit on their investments. Possibly this will continue with more new people getting into the community buying bitcoin to experiment the good through it. Particularly the growth will last longer than predicted.
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I don't think that GPU mining is gonna die by this year. People started to think in such a manner when the price of Eth started to fall low. In my understanding surely the price will increase, and as a beginning now it has started to move in the forward direction. Hope mining difficulty would increase to some extent, but won't die.
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I do not see any particular value in gold, for me it is no more than a good conductor
Different users have different thoughts about gold as well bitcoin. Above user has a varied understanding about gold, but majority of the users give importance to gold as one of the most prominent investment. It holds trust from more people than bitcoin, because there are people who promote bitcoin in the negative manner.
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With the price of bitcoin, now the growth has got initiated with ethereum as well. None is clear, upto which the growth will continue. From the beginning of the year it is predicted to be the year of ethereum. With this in mind I expect the price of ethereum to grow and reach $2k at the earliest.
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Altcoins serving as the support system to the cryptocurrency network is one among the best reason for the growth and for the continued spreading. Different projects have different road maps and for their convenience with unique features altcoins enter the market. So, this is a continuous process which makes altcoins progress.
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Group of people around the world who find bitcoin and the technology advancement a threat to the growing population spread it in the opposite manner as dangerous. In reality it is the best innovation of the century which give users the right to use their own belongings. In this regard I don't think it to be dangerous, but there is bit of risk in it.
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I don't find a chance for Eth against bitcoin. In terms of capital volume Eth might grow beyond bitcoin, but this won't make bitcoin to be the leader. To the entire cryptocurrency network bitcoin will serve to be the leader. Another thing is that the price will be always varying with a dependency on bitcoin. Among the altcoins Eth will serve to be the best.
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In my opinion, going through the price variation that has happened in the past price will stabilize for a short around the current price within $7500 for few more months. Later the same will move forward increasing little by little to reach the ath that was reached months back.
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There is no certainty for bitcoin and by this time ico too is under the same scenario. We cannot predict what's the reality that's gonna happen in the future. In my personal thinking ico will survive, because different financial institutions have accepted the plan of tokens for transaction.
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Predicting the value of bitcoin by the end of the year 2018 is simply impossible, because the growth happens in an unexpected time period. Just think about the price pumping last year. None were expecting it, but the pumping took place of a sudden and started to move from the price around $6000 and reaching $20000 in few exchanges.
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Gold is something which has got a physical backing as well the trust from people around the world as the best source for investment. Second thing it is under the control of governments, so it won't be regulated big as our bitcoin. These days more people invest upon the digital form of the gold. Replacement won't happen in the future as well.
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