I know that the bigger portion of that percentage might be the people who just heard it and who got scammed by it. But it still a good study for me because adoption does not start easily without awareness on people. We are still making little steps towards success but we should take it seriously.
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With the strong support on the $6k price, I don't that would ever happen. Bitcoin did slipped down from $6k which has gone down to $5,8k but that was very quick because it recovered back again. So I'm really certain that the best price these bearish predictors can take is in the $6k value.
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Sounds more to me like a illusion. The existing decentralized exchange is not going on well, like Bisq is one example. I can't imagine how this will take off.
LOL. I bet some rich businessmen will now start creating their own decentralized exchanges so hold on tight guys because we might be seeing millions created each month. I think the best McAfee can do is to stay away from the crypto and leave for good.
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My country sees a great potential in it and our local banks are willing to even partnerships with other cryptocurrencies. It is still not regulated or legal but with the positive news that keeps coming, I know eventually it will.
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I also believed that but the bigger question is when? I'm sure that it's not going to happen by the end of the year and it's possible that it will only recover back to $10k. A lot of progress, good news and huge investors must be needed to be able to break that $20k record and that is not a simple task.
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I'm sure that he is talking about his own coin ETH because they aren't a very good investment anymore. They'll get dominated by new altcoins who'll progress much faster and that is where the 1000x of growth would be coming.
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... Running on ETH ...
I stopped reading right here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I´d take the project more seriously if they would have built it from scratch or on a better platform. Ethereum has huge scaling issues and various other problems (e.g. Casper keeps getting postponed, no coherent monetary policy...) and is therefore a horrible platform for a stablecoin. If the ETH blockchain gets congested due to an event like another CryptoKitties launch, the stablecoin transactions would grind to a halt as well. That is exactly my thought. I'm not amazed by ETH anymore and they just really exist for the sake of the ICOs. Thanks to them and now we have thousands of coins that are pure shitcoin. I feel that we needed to wait a decade to witness a real stablecoin that really works.
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This is pretty interesting. That rapper named Royce stated that bitcoin is really now becoming part of the talk when it is about investing. These might not be a big deal but the awareness still helps and I hope more famous songs include bitcoin line in a positive way.
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Already September and it's a few months to the end of the year, the price is currently at $ 7300, we only have a possibility of a price increase in the range of $ 10,000, I speak of a possible approval of ETF on September 30 , but see that even if an ETF were approved on September 30, I do not believe the price would reach $ 20,000. no chance to see $ 20,000 this year. I think Tom Lee needs to give his arm to cheer that his price forecast is very exaggerated and has no chance of becoming a reality this year Tom Lee missed a point with Consensus 2018 correlation prediction... A lot of analysts failed their price prediction for this year, just see that a lot of them do not show their faces on the bitcoin news channels. Am I the only one becoming bullish in the forum? Whenever I bring up Tom Lee's prediction, everyone appears to be skeptical about it. Less bearish, but very skeptical. There is nothing negative or wrong with that, but maybe this is the best time to buy when there is blood on the streets. How come Tom Lee's prediction make you more confident and more bullish? Tom Lee did already make predictions that did not happen or even close. Those conflicts and ETF won't surely affect us because those whales are organized and they make things happen in this game.
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I bet people will start thinking that the guy is going to cash out all his bitcoin but I think not. My guess he's now trying to accumulate dirt cheap altcoin in exchanges and making smart moves which is buying when there is so much blood in the streets. A wealthy investors wouldn't wait this long just to sell all of it when he can do it in the previous months.
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Those google searches would really go down because there is nothing to see lately on bitcoin's price. But trust me that when the bull run commence, all those searches will blow up again. The market is boring so the people lost interest to check bitcoin at this moment.
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Too hasty or they are just paid too much to do it? They are just using these alibis to make people think that they are still somehow "unbiased" on their decisions. Their decisions are already decided even before the ETF proposals created.
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Thailand is not that progressive like Japan and South Korea but they did the right thing to approve and support the use of cryptocurrencies. I salute these officials who made the decisions and who are brave enough not to follow the big bankers of their countries who only cares about their personal gains and interest.
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Everyone hear the news, seems in Europe the so called powers that be want to put more regulation for anyone who uses an exchange there to trade etc, they want to know who you are and when you are using the exchange for transactions in crypto. so much for using the block chain and having a hidden ID in a transaction must be a tactic to tax everyone in crypto?
anyone else read this? thoughts? its on cointelegraph.
something we dont want but who knows eh
That is why anonimity or privacy is just a false dream in the world of crypto. What we can really get from using it is the transaction proof that happens in its blockchain. But then again I don't mind it because I'm not a drug addict or sex offender that will use crypto for that matter.
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Okay? People already know that cryptocurrencies is not welcome anymore there so why do they need to publish this? I hope media articles get far away from China because we will only get negative news there but the good thing is that the Chinese people are still on crypto and it is really their government who is blocking the innovation to be fully utilized.
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If they treat us a cult then what do they call to these who defends fiat and gold so much from it? Bitcoin is not a cult but a technology that is so powerful that financial intitutions are scared to be removed because of the new system.
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If people lost all of the money and properties they have in bitcoin then it's clearly their huge mistake. But if they lost just a partial amount that it's not that of a big deal then they are close on making their journey here to success. A small mistake is part of being successful but if you guys sold your houses then that's really a huge mistake.
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Even criminals wanted something stable too. This only happened because they can't rely too much on bitcoin with it's fluctuating prices that affects whatever their business is. I know they'll go back again once btc makes noises and become the main topic of financial news.
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I don't know the local equivalent of that $10k to their currency but I'm certainly sure that that an average Viet trader cannot afford to pay that fine. Looks like their country is very serious to prohibit the use of bitcoin so their citizens should migrate to another country if they really want.
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Of course those people who have lower incomes are more willing to take a chance because they need more money and bitcoin is offering that. They look at bitcoin just like a lotto who can make their dreams come true while those earns so much does not have to do those risks because they are in a good state and they can buy bitcoin anytime they want to.
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