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it is correct i think. bitcoin is an alternative currency. and blockchain based cryptocurrencies are a solid alternatives for nowadays financial systems. decentralized solutions for traditional banking system is going to rule the world in the future.
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there are some projects with real product solutions. they issue utility tokens for it. for example there are real estate projects that you can even buy a villa by using their ethereum based erc20 tokens.but ofcourse they are not yet so much popular.
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i believe that any wallet can be hacked. they are all softwares and everything is possible. but you can reduce the possibility of being hacked. you can use a hardware wallet. you can be sure that your computer is not infected etc.
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we are already paying fees. these are for miners that approve the transactions. instead of this fee there is nothing that i have to pay. cryptocurrencies are based on a decentralized system so no one can stop our transactions. there is no any such authority.
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centralized exchange platforms are the main headeche of this ecosystem. i am pretty sure that many big investors give up investing because of security problems in exchange platforms. if there is a good decentralized platform with good volumes, it will increase the trust to crypto market.
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government have no any major affect against cryptocurrenices. they can not do anything against a decentralized system. they can not stop transactions. they can not block crypto wallets. all they can do is to control local centalized exchange platforms in their country.
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now total cryptocurrency marketcap is 218 billion usd. i think we should wait till around 300 billion usd to say that trend is changing and money is coming back to crypto market. it is still not easy to think that bearish market is over.
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This year , upto now is not good for crypto investors. Value of the investment is far less than previous year. We saw last year BTC went pass 19k and now it is around 7-8k. Price of btc is fluctuating. Therefore alt price also not increasing. Every investors hope the recover of market soon. But it didn't happen yet. Some experts said that it will start on june. What do you think about this situation?
nobody knows about it. as i see that you psoted it so long ago it was not the time for a bullish run. but now i feel that trend changing time is coming slowly. i think that we will see a new bull run in the future. maybe not in 2018 but hopefully next year. |
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yes it is true. people are always trying to have more money. they try to work harder to get more money. but in my opinion the important thing is to be able to go on living with a good standard. if you already have it i dont think it is very needed to try for more and more.
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i dont think it will take too long. i was watching the market last year as well. and i have witnessed how strong it could recover in a very short time period. it is again very possible to see such a recovery in the near future.
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
i dont think there are so many people that studied economics or have bachelor degree about anything related with economy. i am interested in cryptocurrencies and blockchain technology as an engineer. because it is enough attractive to know about this technology. |
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the basis of being poor does not depend on how much money he or she has. the main issue is will he be able to survive for long time with the amount of money he has. the quality of life depends on not only how much money you have but also where you live in. in a village or in a small city or in a capital.
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well. there is a chance of course. when there is one language spoken in all over the world, when borders of countries were cancelled and everbody is considered to be from earth, not from a country then there will be possible 1 currency in the world.
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cryptocurrencies are an alternative solutions to traditional banking system. it is a decentralized and very innovative solutions. and due to traditional banks are backed by governments, they dont want to let any alternative solution to dominate nowadays financial system.
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i think yes. and many people already talking about this. some of them believe in ethereum. because it is facct that ethereum blockchain iş a better blockchain solution with speed, network size and fee issue. and there are other better solutions as well.
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i dpnt think it is possible in short term. but if it happens, some miners give up mining and difficulty decreases. so remaining miners keep mining with a less mining cost due to lower difficulty. this system has its own internal balance.
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i dont know exactly. it maybe true. ethereum has several advantages against bitcoin. such as having a larger network size, fee advantages, and transaction speeds. these things are proofs of providing a better blockchain solution comparing with bitcoin.
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it is a million dollar rewarded question. nobody knows when. but the important thing is that it is going to rrecover sooner or later. the ones that believe this recover and hold their belongings make huge profits in the future.
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bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me
maybe you are correct. but it is not possible to know and identify the holders from wallets. it is not known the country of bitcoin holders. but you can think that it is true because of the volumes of crypto exchanges in asia. |
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why not. there are so many adapters of blockchain technology and crypto market in all over the world. and this market will be huge when more people will learn and know about cryptocurrencies and innovative technology of blockchains.
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