I wouldn't be so optimistic and excited at the moment. Yes, we saw some quick price rise but this still couldn't be called bull run and it's not the guarantee for market recovery. Also, don't forget that quick rise could often be followed by quick fall. It's good to see some positive movements in the market and that users are becoming more optimistic but don't run into premature conclusions. To my opinion bearish phase isn't over yet.
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It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.
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I would be very careful with announcements that this is the bull run. Yesterday the rise was fast and it looked nice but the growth was for few hundred dollars and today it looks like it's calming down. Although it was a good opportunity for day traders to make some money. I would like to wait and see how the situation on the market will develope but to my opinion we can't say we have another bull run unless we cross 5000$ again.
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Yesterday we saw pretty fast price rise which was a good opportunity for day traders to make some profit. But today it looks like this is not continuing so we might conclude it was just temporary small pump that we have already seen couple of times recently. But yet this isn't constant rise and recovery process so let's not be too excited too soon. In the meantime you have to accept that Bitcoin is volatile and that both profit and loss are part of Bitcoin investment.
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Has anyone suggested that this is a move towards the collapsing of the current debt economies. If you are in debt to the credit card companies, you are forced to maintain your relationship with them. They know that as the debt economy collapses, they will have to start seizing assets ( including houses ), and they are going to have to cover the extra costs. It will be interesting to see how they manage to include credit in the new fake crypto services they will be introducing.
And to my knowledge there is quite a number of people who have substantial debt on credit cards, at least in my countries. For many credit card limits looked more afordable to some people than the classic bank loans but they didn't realise it's actually a trap. Once your in, it's very hard to get out and credit card providers will make huge profit on them, this way or another. As far as services related to cryptocurrencies are involved, I think that Visa and Mastercard should spread they offers in order to maintain and spread the business.
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Overall, I am so optimistic about the future of Bitcoin, with significant growth, it can be said that Bitcoin is a financial system that is so attractive because it has so many benefits. We all know that Bitcoin is revolutionary and this will last and even increase in the future.
you're right, in a nutshell, I also think like that. the development of bitcoin will definitely be needed in the future. the large number of ICOs is evidence of this technological development. well, besides that blockchain technology is still being developed. it will definitely be a bright and needed future. There iis still enough space for Bitcoin to develope and that is needed for further progress. But I'm not afraid for the future of Bitcoin because the use and adoption can't be szopped anymore. Also, Bitcoin is not only about the price and this period of relatively low price that we are having now is not endangering the future of Bitcoin. I think that Bitcoin will always have enough supportes to survive.
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No, it will not become new Bitcoin. Many projects and coins were developed with aim to become as much successful as Bitcoin or even to replace it but so war that didn't happen. And I don't think it will. This Q intitiative doesn't have the necessary potential. It promises some kind of revolution but what can actually achieve and who knows what actually stands behind it? I wouldn't count on it at all.
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When the Bitcoin price was high many were making plans how to make for the living only with Bitcoin and their personal economy was based on cryptocurrencies. But they often have forgotten on volatility and how easy the price could change. That is why with every investment you have to have some back up and not to put everything only to Bitcoin. That is why is good to have your own investment strategy that covers multiple options and ensures you profit.
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Now it's not the good situation to sell Bitcoin. The price isn't favourable unless you haven't bought your coins under current price on the market. Don't ever forget that Bitcoin is volatile and that price will not always be high but sometimes you should make your decision and think on long term how your investment will look in the future. It's always better to have broader picture and not to look at the Bitcoin only from the short term position.
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I don't know why people are so obsessed with Satoshi Nakamoto, who is he really and how much Bitcoin he owes. I can understand the curiosity but I think this is quite irrelevant for bitcoiners. And in his place everyone would probably try to stay anonimous and to hide the amount of Bitcoins. Revealing that in public wouldn't be the wise idea to do. So, let's just enjoy that Satoshi made it possible to use the Bitcoin and live him alone.
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Well, you have to start somwhere if you want to learn how to make profit, it doesn't matter that you are newbie. Just inform yourself well and get as much information as you can. Start with smaller amounts and don't take big risk. With time you will get more and more knowledge and experience and you'll get confident. Don't look fot trading bots and don't listen to advice from social network, you will learn the best on your own, on your own mistakes.
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I had some losses at the begininig when I first started dealing with Bitcoin. I made some wrong judgements and bad investments but I've learned my lesson. This was years ago and know I'm much more careful. Also, I never invest in ICOs, for me this is the waist of time and money and almost definite road to accumulate loss. But don't forget that when you active deal with Bitcoin and cryptocurrencies sooner or later the loss will come, the question is only in what extend and how fast and successful you can recover it.
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I'm still not very optimistic about the market going green. Recently we've seen some slight price rise but that still doesn't mean anything and it isn't sign of price recovery. Many are disappointed by now because they were expecting that 2019 will be the year of new rise up for Bitcoin but so far that hasn't happened. You can't push the market in the willing direction and to my opinion the price will stay in the current range for a while.
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I have to admit this is the new information for me. So, depending on the timezone you can save or pay more for exact amount of Bitcoin transactions. I wonder what are the reasons for that. It would be also interesting to see how that affects the global distribution of transactions.
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This is actualy the first time that I hear such accusations on behalf of Revolut. They are quite successful and wide spread, with good reputation and quality services they offer so I couldn't agree they are scamers. Obviously you have some problem with them and maybe you haven't explained here all the details but I'm sure that will be solved. Sometimes users performs some activities that are in opposition with valid terms and conditions of service provider, in this case Revolut, and then problems appear. But like I said I'm sure there is some reasonable explanation for the issue you have.
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We live in era of fake news all around us so we have to learn not to trust everything we hear or read and to think criticaly. Personally I don't follow news on Bitcoin, especially not those bombastic ones. Or I choose some sources that I can trust. I think that it's important to learn to make research on your own and to evaluate information you get. Especialy "dangerous" could be the news from social media or ones from so called cryptocurrency experts so pay special attention to that. In general don't buy everything that is served to you.
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Another conspiracy theory. It's funny how everyone likes to point out that Bitcoin is decentralized and independent and in the next moment the theory about one person controlling Bitcoin appears. To my opinion this is not possible, not even on the level of influence. Even some influental and powerful groups could hardly influence the Bitcoin price and for individuals this is out of the question.
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Many businesses are still reluctant to accept Bitcoin as a payment. They still find it expensive and risky. I think regulation is something that might help with that. But with time more and more people will want to pay with Bitcoin and other cryptocurrencies so businesses will have to adjust and payment models will improve and become more inovative and user friendly so I'm not afraid for Bitcoin as a payment method.
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The use of Bitcoin on Dark Web has bought it bad reputation that is used for illegal activities. But we mustn't forget that fiat money could also be used for illegal stuff and the reason why Bitcoin was chosen for deep web as a payment method was anonimity. But with time Bitcoin has lost a part of anonimity and then Monero came to the deep web scene. I don't think that depp web could give any advantage to Bitcoin or affect the price in positive sense, so far it has made to it more harm than good things.
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This is not bull run yet. Just slight, hardly visible price increase but nothing else. It's not even a sign of upward trend and the price stays more or less in the same range as the past few months. I know that users actuallly can't wait for green market and rising price but to my opinion nothing significantly will change in the upcoming period. Once the price crosses 6000$ again we might say that we have new bull run.
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