There is no use in frustration. That wouldn't change anything and you will only feel bad. You should just accept the current situation as it is and get the best out of it. Today we also saw some slight price rise. It's not much and it doesn't have to be the sign of some constant or bigger change but still it's some positive movement. Find your positive motivation instead of being desperate and frustrated. Afterall remember that volatility is inevitable feature of Bitcoin and that sometimes works for us and sometimes against us.
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Personaly nothing. I will not give up and quit Bitcoin but wait for the market to recover and price to go up. Bear market can't last forever and sooner or later the trend will change, it's just the question of time and how long is one prepared to wait and adjust accordingly. It's not always easy to hold on but if you have clear goals and strategy and you are prepared for every scenario then it's much easier.
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Of course, it's very possible that Bitcoin price can fall lower but you can't count on that and take it for sure. If you want to invest in Bitcoin you have to take certain risks and make decisions. Current price is prety decent and in some period of time the price will rise so you can count on profit. But like I said you have to also accept the risk of losing and have the stategy to recover.
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Loan Amount: 0.15 Reason for Taking out a Loan: personal Amount to be repaid: 0.20 Repayment Date: 60 days from today Type of Collateral: None Bitcoin Address: 3PQ6cyDcbqGY5T86JVTxx5hL7dPGx8yrf5
-----BEGIN BITCOIN SIGNED MESSAGE----- I'm bitbunnny today is 7 February and I'm takin 0.15 BTC loan from zazarb for 60 days repayment time -----BEGIN BITCOIN SIGNATURE----- Version: Bitcoin-qt (1.0) Address: 1Fh4NiuLKUuzafG6BTKddYi6F3ckt2Ustg
H8gxWawyGqghS7wZAP6kYPuMSPvsiFTf1IWhw9pRucUqBMCnxYCqYknWvRQeXLEUzt+pFRTK4HIaPXA1dO4FnYU= -----END BITCOIN SIGNATURE-----
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I don't think there is some official rank but users often share their experiences with wallets and make their favourite lists based on own experiences and satisfaction. To my opinion security features and access and control of private keys and fees are the most important features. At my list at the top there are Trezor and Ledger Nano as hard wallets and Mycelium as a mobile wallet. Try to avoid web based online wallets like blockchain, security is not one of their best features.
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Trading is not for everyone because it's not so easy and somple as some think. But if you have set your goals and strategy and if you are not too greedy but realistic you might be just satisfied with results. Just don't think you will get rich over night or that you could make for the living only with trading. If you are not willing to take too much risk trade only small amounts and hold the rest because eventually the market will recover and the price will rise.
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I'm not sure that such campaigns could have any effect because it's hard to massive engage people on such projects. Everyone has iits own goals and strategy and it would be very hard to convince them that exactly holding in that exact moment is the right thing to do. But having in mind situation on the market I have the feeling that majority of Bitcoin users are holding their coins anyway.
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It's not the first or the last time that Bitcoin is experiencing difficulties and experienced users know that. I know that many are losing patience waiting for price to go up and market to recover but still I always say that the value of Bitcoin is not only the price and that the true Bitcoin user and beleiver should be able to get the best out of it in any condition on the market. This is the lesson learned, as well as the fact that market is often not playing on our rules.
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You can't prevent Bitcoin from being hacked just like you can't prevent banks being robbed. But you can do something to protect your own coins. Avoid keeping Bitcoin on exchanges, only the sum that you want to trade at the moment, because they are extremly vulnerable. And use multiple exchanges. Choose save wallets, like hard wallets and also don't keep all your coins in just one wallet, split funds in multiple ones. Bitcoin will be always connected to the risks and that can't be changed but that is still not the reason to give up Bitcoin.
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I really can't see any connection between Chinese Lunar New year and Bitcoin price. And I'm certainly not convinced that you have any relevant data which could prove your theory. Actually such conclusions without any solid ground could only help to spread panic and fake information which is no good for anyone. Pure speculation, there is no influence of Chinese new year on the market.
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seeing as how the OP is just interested in social drama distractions.
hearn worked for google.. and it was google that sold certain apps to 3lettr agencies guess who else worked for google.. pieter wuille (Mr. segwit)
This might look to have some connection and deeper cause but honesty I don't believe in conspiracy theories. It's true that such theories are something that follow Bitcoin from the very beginning but to my opinion they are only excuse for some things that can't be explained or justified on any other way, especialy those bad ones.
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This is not a surprise, crimials are always after money. Exchanges are still the most vulnerable and exposed so avoid to keep your coins there unles you want to give them to the hackers. But I don't think this has influenced the growth, investors are also aware there is risk as well as there is with fiat money. Maybe regulation could also help with that so that exchanges should ensure the funds like the banks are obliged for fiat money. But don't forget that everything could be abused and the target of criminals and cryptocurrencies are not exception.
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I'm involved with Bitcoin for so long that it has become some kind of way of life for me. It's not only about the price and the price is not the only thing that matters to me that is why I have no intentions to quit Bitcoin. I think that everyone who beleives in cryptocurrencies as new technology and part of future could find the motive to stay. And there is always a chance for profit too you just have to have realistic goals and not too greedy.
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There is no use in regret, especialy not in trading and investing, what is done is done. You have to be prepared for every scenario always. Some felt like they were forced to sell being afraid of even bigger loss but actually that was the matter of everyone's free will and decision. I think that the big problem is that users don't know how to accept the risk and mitigate the consequences.
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Depends on the geographic area and country you are planing to start business. To my opinion in majority of Europe they are not so popular anymore because people have other more convenient options for buying or selling Bitcoin. Maybe with good promotion you could attract more users and also attractive location could have its advantages.If you don't need a lot of administrative work and permissions and it's no big investment you could try.
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i dont know how this thing of fork like bch , btg , ....going but we can say the cause of crazy rising in prices bitcoin 2017 is free money . people love free money i am sur if new news say we have new fork next month that mean tommorow prices can be over 4500
bitcoin need another fork for example bch2 it is go good it is good way for hold bitcoin and pumping prices to 7000 again from current prices
Currently there are more than 50 Bitcoin forks. Another one will not change anything. Fork are the modern way some scammy devs to make few quick bucks in 9/10 cases. A bull run will require something much more fundamental than just another fork. My point exactly, too many forks with no use at all. And the latest fork will definetely not influence the price at least not in positive way. In fact to my opinion forks have done more damage than good stuff and they are only good for few individuals that make money of them. So.don't expect that fork will move the market, it will not.
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Illegal is too harsh term from my point of view. In majority of countries, at least at western hemisphere, Bitcoin and cryptocurrencies are not considered to be illegal it's just that they are still not regulated and formaly introduced into economy system and society but that is the big difference compared to illegal. In general Bitcoin and cryptocurrencies are somwhere in between because majority of governments and central banks still don't know what exactly to do with them and in what extend they should be accepted or not.
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This is exactly what such groups count on, greed of users and of course being naive. It's actually easy money for them. I never trusted any of such gropus on any communication tool or social network, it's a very big possibility they are scam. Some self claimed experts are trying to convice naive user.they know the method how to make only profit or claim they have information what will happen on the market. It's much better to stay out of that.
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I wouldn't be much worried about that. You have to know that many people have lost their money and because of that they blaim Bitcoin. But they forget that no one has forced them to buy Bitcoin at high price and that they had to inform themselves on everything and accept the risk. It's classic situation of blaiming someone or something else for their failure. Many look at Bitcoin only through price and profit which is completely wrong from my point of view. So there will be always those who will dislike Bitcoin but as well more than enough those who support it.
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That depends on the point of view and long period of time you take into consideration. Sometimes is hard to set the boundaries where bear market stops and bull market begins. Everyone is already losing patience for price to move up and market to enter into bull phase but don't forget that Bitcoin has already been in worse situation and has lost greater deal of value than it's now the situation. In short it could always be worse. But as always Bitcoin will recover, it's just the matter of time and how much of the value will be able to recover.
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