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FUD around bitcoin as well other digital currencies were quite common. Some were circulated to overcome the growth of one asset over the other generating panic among the investors. This needs to be understood by the user, and taking perfect decisions by that time will help with a bigger earning.
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Holding of bitcoin is completely risk involved, because user doesn't know what will be happening by the next minute. It can fall or increase or get hacked, because each and everything takes place through Internet. If something goes wrong too, we cannot go in search of it anywhere or demand for the same. To the extent of risk it has got the potential to grow.
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A small impact is based on the holiday season, but what it has reached seems to be much low in value compared to the peak price that's been predicted to be attained by the year end. In particular just few days left and people are much focused to experience at least the previously achieved $19000 mark.
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Here, one's own self interest is the must to keep our bitcoins safe without much of additional features. Once I got my wallet balance being stolen, but however hard I research I was unable to retain back what the hackers took away from my wallet. Large scale stealing happens with the network.
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Investing into bitcoin selling house is simply much risk involved. This is all because of the increased fluctuations happening with time. Recently one user has made such a risk selling all his belongings in exchange for bitcoin. Hoping for a bigger profit within few years time. So, upon each and every users self willing such risks need to be taken.
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LTC usually a very stable coin It's growing slowly , i think ltc will hit $400 in the next weeks after Xmas as people will take gift $ and put it into crypto Let's see how it goes in 2018
I too have the belief that Litecoin could reach $400 before the year end. What it has attained at present is very big, because the the person who created it mentioned that he'd like to see the price stay above $300 by the end of the year 2018 which is an year away from the present days. |
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When each and everything get associated with the blockchain technology, automatically we'll experience a change. Hope to see such a change in the upcoming years, as a beginning now the adoption has begun from individual users to financial institutes, production firms and so on.
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It's good to take into consideration the need for the specific service around the locality chosen for business implementation. Next thing important is, whether the business is production based, research based or service based. This will let you have a clear understanding and go for business. Along with it having an alternate plan is good, which might help when primary plan fails.
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I agree that the price of bitcoin has been increasing too much at the last few months, it is not healthy for the coin, and true bitcoin believers should be worried about it.
If the price of bitcoin will burst with all the people inside, it may cause a lot of people to lose faith in bitcoin and may prevent it from being a global currency as we all drum about.
The sudden growth that has taken the price from the range of $1000 to $20000 makes people get into a panic state. This is quite common with every human. One who overcome the same will get the best profit making their lives in a better way. Each and every growth has been termed to be a bubble, but bitcoin has crossed several such bubbles in the past. |
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BitcoinTalk name:KennyR
Rank:Hero Member
Current post count:2046
BTC Address:1F16xh5qBykZYhxoqz9PvTdSLVMT41Zk8N
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Not really, because very few number of users were skilled to be a cryptocurrency trader. Here, what happens is completely dependent upon the skill as well the patience to handle the market. This is not possible with each and every user, because the price varies unexpectedly and the wrong predictions will lead to great loss.
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Btctalk name : KennyR
Rank : Hero Member
Current post count : 2044
BTC Address : 1F16xh5qBykZYhxoqz9PvTdSLVMT41Zk8N
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Btctalk name : KennyR
Rank : Hero Member
Current post count : 2044
BTC Address : 1F16xh5qBykZYhxoqz9PvTdSLVMT41Zk8N
Wear appropriate signature : Yes
Wear avatar : Yes
Thanks....!!!!
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If bitcoin dies to replace it, another crypto currency will come, for example, Ethereum. It has a huge potential for growth and it is based on a very large number of different altcoins.
The reason why some cryptocurrency cannot replace bitcoin because bitcoin is the first created bitcoin, and first crypto become popular and many user. So if the bitcoin is dies some crypto will grow but not like bitcoin legacy. With the ongoing growth happening with time as well upon the increasing marketplace acceptance there won't be decline in the growth leading to the end of bitcoin days. Maybe more altcoins will grow big in the market, but the same surpassing the growth of bitcoin at any instance never happens. |
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Price higher than that of $70000 has been predicted to happen, but the same is quoted with deadlines as 2020. The predictions were made in accordance to the halving that is expected to take place by the particular year. So, if things happen as predicted for 2018 surely growth will happen further.
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Holding bitcoin is all about trust. People who doesn't have the real understanding will not prefer to hold. As there is nothing certain about the future, people fear of investing or buying the bitcoin. This is the reason for why doesn't need to hold bitcoin and the reason for holding is purely on expectations of profit which is purely dependent on trust.
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Altcoins in the general will survive, buts its cleare they will keep loosing their value into btc, ethereum were worthing 0,08 btc sometime ago and nowadays is already at half, same for litecoin and several more coins, but its curious all of them were able to recover their value and growed into usd value, soo yes bitcoin and altcoins can walk together, but be sure the altcoins value into bitcoin will keep going down and the price of bitcoin grows.
With every altcoin the same thing is not taking place. Some has been growing along with bitcoin value. In my personal opinion, both bitcoin and altcoin is a must. If we keep hold of bitcoin one can get good profit, but the altcoins too is an important asset that help with the growth of bitcoin. So, to some extent there is interdependence. |
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By the time of upcoming halving by the year of 2020, I expect the price to be at least $50000 taking the ongoing growth percentage into consideration. Because the demand has increased a lot than the past days, along with more investment coming from the common people. My target is to keep hold of it targeting the halving.
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I believe the project needs to be very clearly mentioned, another thing is that the project output also need to be mentioned to make a trust to the service provided. As $1.99 seems to be an affordable amount more people will use it, if the services were provided with legitimacy.
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BTC BITCOIN milestone 10000$. Continue to rise or not???
Yeah hopefully it will continue to rise but may be after a dip as we are expecting. There is high uncertainty in price from the last week due to high fluctuations and it is quite difficult to predict what is going to happen next, this bull run is as venturous as it is profitable. The price will continue to grow, because the inflow of investment keeps on increasing as experts have predicted that the price will grow as high as $40000. Though there is uncertainty, experiencing the present growth people were making bigger investment. This will take the price reach big and rise. |
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