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Bitcoin hasn't crashed but the correction has taken place taking the price go less than $10000, now the correction phase is over making the price once again grow and cross the $11000 mark moving towards the next target of $15000. Maybe the correction might take place after crossing $15000.
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It's good to buy bitcoin, gold is providing good security for the investment. Bitcoin is used as an asset for investment purpose, whereas with gold can't expect a large scale profit. Earlier when the price of bitcoin was close to gold, People didn't expect that the price will surpass in a short.
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Not just the brand, but it's also including, too. Bitcoin remains a guarantor, showing growth over a long period of time. Very large investors invested money to this, surely the banking sphere will start buying up its shares very soon .
That's the lack of understanding or awareness, because at times bitcoin gets compared to some of the brands. It is done to make clear about the capital it has gained. This might have got interpreted as a brand promotion. When people learn the real usage, such statements will go away. |
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That might be the present scenario, but the interest shown by those giant business people will surely take the bitcoin grow much high. In specific it'll increase the trust among the people who don't have a belief upon bitcoin at present. Maybe following them more corporates will directly enter the bitcoin acceptance into their business. |
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The growth is purely based on the investment it gain along with the objective for which it has got developed. Very few projects has got real time usage, which enriches the circulation of the token. It can be on the trading purpose or through other form making a majority of the total market capital to be in flowing through out making price move forward.
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if I get it, I think I will hold it because of its rising prices, or trading it, but I think it's hard because the bitcoin price is going up so it certainly affects other altcoin prices, so I think I'll just hold it
None has such a mentality to provide a gift taking the current price into consideration. If someone gifts it, its like gifting life. Because focusing the future if the bitcoin is kept hold surely the increase will help the user on his retirement. No other gifts will get valued same as this, only exception seems to be love. |
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They can make rules and laws about it, but they can't enforce those rules because crypto currencies use a peer to peer system and not the bank infrastructure like it's the case for fiat currency. The financial crises happen because of the fiat currency printing system of the banks and destroying of the value of that money by default and anything else than that must be better!
Yes, governments along with financial law makers can generate laws that need to be followed or fulfilled while using cryptocurrency. In reality this isn't possible to enforce for the above stated reason, because banks have an intermediary person whereas cryptocurrency doesn't. Hope this community grows as it grows at present without much of regulations. |
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I dont think that investing altcoins for the long time is a good idea. It is better to trade them in the short term. If you wanna invest in long time, let choose Bitcoin
As the user suggested for long term investment purpose it's good to choose bitcoin. I have a thinking to hold altcoins for limited amounts. In specific I'll hold for a sum that I can afford to loss. If luck is with me, will be profited long term else it goes as a loss. |
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This won't happen with every user. Because, we don't know when the growth of the particular altcoins that we have in hands is gonna happen. So, Op has got to be with luck to make use of the asset that he has been holding. If this happens with every user 0.1 to 1btc in a month is possible with majority of the traders.
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What's more than that required. When the price reaches the quoted price surely I'll sell what I've in my wallet. This will let me make my life in a better way as well enjoy what I have made after long years. Hope such a growth will happen to fulfill my desire.
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With the increased price it gained popularity and the same generated growth compared to lots of other altcoins. The price growing day by day has got a break with the current price getting low. Thus might get continued as a price correction phase leading to a massive growth.
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Guess it's better too late than never
True we may have missed getting a bitcoin for a dollar but if you get in now at least you are not going to miss one bitcoin for 100,000 dollars when you think it like that then it is very easy to get in bitcoin despite the huge tag price that now each bitcoin carries. Market predictions indicate the price will reach very big value and thinking it we were not that late even now. It is possible to buy bitcoin with what we have or upon our affordability. Lot of people have a thinking that they were late into the bitcoin and the same will make them not to invest anymore even when they have good volume of fiat in hands. Surely such people will feel bad after years looking at the growth it is expected to attain. |
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This looks common, because when price increase takes place at some point the price used to stabilize getting lowered in value. Now too the same is happening, and by this time you can feel a panic wave among the users. This can also be of a manipulative measure from the whales for profiting.
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The changed happening through bitcoin is not visible to the outer world. All that happening with bitcoin is purely dependent upon the technology getting advancement. At present we are small in number and the same when grows high can experience the reality in a much better manner.
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The way banks operate might be not on the right track, but what they do truly has changed the lives of lot of people around the globe. In specific the loans provided with certain interest rate might look like a burden, but lot get to grow their business as well develop themselves through the same. So, it has got good as well bad things associated with it.
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Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins. Through several sources understood that bitcoin can be manipulated by users who hold a large sum of bitcoin. Looking at the current growth, I don't think it can be manipulated. Though it is speculative, large volume holders too can't make a big change to the growth. |
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What do you think a about it? is it good or bad for bitcoin?
If the bitcoin community is rising then that would be good because it means bitcoin has many supporters and an additional demand. Basing on the law of supply and demand, if the supply is limited and demand is rising then that would mean a higher price. The community is rising because its exposure to the people has been rising as well. The media has been covering bitcoin non-stop because its price has been really attention grabbing and I saw some famous personalities like Robert Kiyosaki promoting it. He is a financial coach so those who are looking for ways to improve their financial situation will have a look at bitcoin. Each and everything becomes more valuable based on the supply to the demand factor. Here with bitcoin too the same is the one that generates more value than the altcoins available in the market. More the user getting into bitcoin, more will be the demand as the production of coin is limited. |
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So already most likely the topic is too old, the price is already sky-high and the dream is interesting below 1k. Of course, this can be only in one case, when the crypto-currencies simply fall, there will be a collapse of these technologies. But is it real, it seems that there is not.
Yes, that could happen only if the entire technology collapse down causing a major downfall. Such situation won't exist, because the technology implementation is getting more importance these days compared to the past realizing the good things the technology can provide to the people who use it. |
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Well for that long term holding you should invest on coins that's gaining a bit since the past few years, some of my choice right now would be: LTC, WAVES, ETH, NEO, and XVG  That seems to be the right pick. Even with these assets in wallet, it's good to make buying and selling of the holding at some time interval. This is all because of the uncertainty with the altcoins that makes the market fluctuating unexpected. |
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This is completely an internet connectivity based value system. So without internet connectivity nothing happens and bitcoin being a offline currency is not that possible to use everywhere. Maybe it can be taken in a offline wallet and on requirement can be used.
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