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The best milestone that happened to bitcoin price since 2012 is it reaches the maximum price of it which is 20000$. By that time, all of the bitcoin holders sold their coin and they be able to earn profit into it. I am hoping that sooner or later it will reach its peak again since halving is gonna happen in April of 2020.
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I do not think new alt coins might be left out because when the price of bitcoin rises up, it will have an effect on the altcoins price also that might lead for them to rise up even more. It is sure since the altcoins price is dependent to the bitcoin price. If the new altcoins will be dump, that is temporary but sooner or later it will also rise up.
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The main reason why people is being hated by so many people because those people who hate it is lacking of knowledge about it. They should understand the bitcoin/cryptocurrency first before they talk some negativity into it. It has so many potential and benefits to all of us so we should try to check it out first before talking.
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We still need bitcoin because the volume of it dominated the market. Plus the fact that almost all of the altcoin is dependent on the price of bitcoin. Any price movement that happens in bitcoin will have a hug impact to the price of altcoin. Also, bitcoin is the one that is accepted worldwide and has a exchange to almost all of the country.
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That is why some people do not want to invest in altcoin anymore because of this kind of situation. After they have supported the ICO project, they will be given a coin that has a high value but the developers will not gonna put it on a exchange. That is why investors are now afraid to support ICO projects now.
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I received a ETH payment before from a project. Some of the projects are paying ETH and Bitcoin if you are able to finish their given task to you. This is a good idea since you do not need to take care of the transaction fee when you are going to trade it to be able to withdraw it. Plus the fact that the withdrawal fee of ETH is cheaper than BTC.
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As of now, people are afraid on investing in altcoin since most of them does not have any chance to rise its price plus the fact that halving is about to happen. They are investing on the bitcoin instead of altcoin since halving is coming and they are going to try to gain profit into it. Sooner or later, they might be investing on altcoin again.
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In my own point of view, people should stay away or avoid new projects nowadays because most new projects are not that good anymore that they didn't have a chance to have a good value in their exchanges, that is why most investors are losing their interest to invest. My suggestion is try to invest your profit in a much better coin like ETH and BNB.
Some of the ICO as of now does not have any kind of future since most of the are scammed or not successful. Their projects is not successful because of the scamming issues plus the impact of it to the investors. They tend to invest on the existing coins now instead on investing in a new one since they are afraid that they may not gain profit into that project. |
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I hear a lot of discussion around BTC halving that is expected in May 2020.
Many people are confident that this event will trigger the next bull run.
What is the logic behind this?
The reason why the halving will make the price of bitcoin become higher it is because it will lessen the supply of bitcoin into half. If that happens the demand of the consumer will be much more higher than the supply that will cause of it to have a price growth. That is how halving will work sooner or later. Lets just hope that after the halving, bitcoin price will be 20000$. |
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This is gonna be a good thing since we are trying to let them know what is the real cause of bitcoin to us. We should tell them the possible happenings and possible effect if they are going to invest into it. We should educate them so that the bitcoin community will grow even more. If that happens, there is a possibility that the demand on the bitcoin will increase even more since the community is much more bigger than before.
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It's a simple case, Most of the people are expecting a positive vibe of this system, It's a long time people didn't get a good value and benefit from cryptocurrency. Since Bitcoin is the mother of this system so other cryptocurrencies will follow the footstep of Bitcoin, If the price of Bitcoin would get high then cryptocurrency world would get a good vibe for sure, it would work as oxygen for this crypto world, That's why Bitcoin halving would be a good thing from my perspective, so it's a normal thing that people are very excited for this event. I think it's not a big deal.
I think they are just trying to have some bitcoin while the price of it is not yet high for them to be able to hold it and sell it when the halving takes effect. They know that if they bought bitcoin now and hold it, they will for surely gonna gain profit into it since halving will happen and it will cause a bull run to the price of the bitcoin. |
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Halving has a big role on the bitcoins price and in the crypto market because we all know that when halving happens, the supply of the bitcoin will be lessen in to half that will make the price of bitcoin to be controlled or manipulated. They are doing it to maintain the real price of bitcoin. But I guess, it will take 1 more year before halving will take effect.
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Well in my case, I would like to go to bitcoin, EOS, XRP, ETH, BCH. For me those coin is promising unlike other coins out there. Plus the fact that our country allows that kind of exchange in that particular coin. So I am investing only to those coin since it is supported by out country. These coin has a ability to recover its price fast after the dump that happened.
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ICO is gone because of projects that is scam before. Project manager decided to stop it because it might not succeed since almost all of the investors does not trust ICO anymore. So for sure it will never gonna go back again. We must try to play around the current coins that we have since those are trusted coins.
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The reason why the ICO is now dead is because of the developers that the main intention is to scam all other people. Plus the fact that their whitepaper is mostly plaigarized by their other project. We must really be careful on choosing ICO to invest to because some of them is a scam. Always check the background of the developers and deeply understand their whitepaper.
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I always tend to look for the quality of the coin because it is for a longer term and future purposes. If you just look on the price of the altcoin, it can be deceiving because maybe for now the price of it is high but sooner or later if the management cannot control its supply anymore it might become a useless coin. So better to check the quantity first before all.
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I do not really like investing in alt coins since some of them doesn't really give a good amount of profit at all. If I am going to invest, I would probably go to those altcoin that is on the rank because that is trusted by so many investors and I know that if its price dumps, it can easily recover because of the fact that it has so many consumers.
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ICO is still profitable. The only sad thing is that the ICO projects do not want to be trusted by other people anymore since it is mostly scammed. IEO is the advertised thing to do. But for me, the income that happens in ICO is bigger than the IEO.
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It is hard to say what is the scam projects and what is not. Those heads of the project is creating a beautiful whitepaper that is why developers thought that this is gonna be a successful project. All we can do is to report someone who leads the said project so that they cannot advertise their project here anymore.
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In my honest opinion, if you yourself doesn't even like bitcoin, you should not be here anymore because this forum is all about bitcoin. Do not spread a fake information because people here might believe in you. You can just walk away if you do not have a good thing to say about bitcoin. Bitcoin is a Fiat and not a fraud.
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