So if a cryptocurrency is regulated in a country, does that protect the citizens that are using it? or they just allow the usage of it in the country? I will lock this after I got a satisfying answer. Thank you.
It is, regulations were supposed to protect their own citizens but sometimes this wasn't enough to prevent their people out from scams and other fraudulent schemes. And if you will take a look, even if we are in the physical world regulation wasn't enough bu rather just to lessen the risk of getting involved in such schemes that would harm their people.
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Personally, I do have investment on altcoins but not as big as what I have invest on Bitcoin. For me I have seen more potential profit in Bitcoin compared in oder crypto, though there are some alts who can gives more profit however, it would be risky knowing that you cannot anticipate what coins would be successful. Therefore, I only place small amount of percentage in Altcoins and the rest will be placed on top cryptocurrency which is Bitcoin.
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Well, thats what we expect in the coming months, XRP is a promising coin with the real use case and it was already used in the mainstream, so the demand will be huge, in that case, expect the price to be good as well, and hopefully, the market will cooperate to all of us so that we can earn more profit out of it. Exactly. This coins is of the the best cryptocurrency ever existed as a matter of fact it got the 3rd place in coinmarketcap so there's no doubt that it is promising coins and a good place to invest our money. Personally, I have some XRP and I do hold them believing that it will gain a huge profit as bull market comes. Besides XRP does have less transaction fee compared to Bitcoin and ETH.
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I don't know which coin will be pumping next and I don't trust any trading advisors, gurus, twitter stars.
This sentences will make many people disagree with your method but I must say you are brave person. Most of us doing research before pick some coin because everything need basic reason, about profit or not that's relative. As new crypto user I suggest you try to pick any coin but must see history chart, learn it to get better profit in the future. The method is simple and not wasting time, see track record and take it. Another advice is don't use all money just half is enough to test your experiment. We all don't know which coin will be pumping, and only with research to find the coin that we can do. We can get more signs for the coin that will increase, but we still don't know accurately, which is the coin. I think he can pick one or two coins at the top 20 coin list to research and find more significant to know the coin that can increase. It is not recommended to choose a random coin as an experiment because you will not find a good coin that can grow, and you will get the wrong coin. Exactly. Choosing a random coins to place your investment seems fun besides, it is true that as bull run comes most of the coins will also pump. However, it would be too much risk simply because if you will take a look even if it pumps the volume would still not enough to handle those sells. Therefore, it is still much better if we will place our investment in top ranked coins which could give a high probability of getting a huge profit.
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And I, therefore, conclude that winning in gambling in a game like this will it needs luck, nothing more.
There are some gambling games who does acknowledge a pure luck such as dice game just like you have mentioned. Personally, I also used to play dice game but I research some strategies that would improve my gameplay but I do realize that the outcome is always random and unpredictable, that is the reason why I think it always be a pure luck. However, there are some games that is really requires skills such as in poker and analysis for sports betting. This only implies that it varies depending on the game you were unto.
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Clearly the price of bitcoin will increase rapidly.
It is true that Bitcoin shows an slightly increase but I don't think it was rapid, as a matter of fact, it just barely go up and became stable aroun $9-$10 zone. I have analysed about it via weekly trading chart and I am sure that we have to buy the bitcoin now.
It is really amazing that you are able to got a result out from analyzing the trading chart but it would be much better if you will show us some of your analysis so we could make a decision out of it whether to buy right now or wait for it to drop.
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I keep telling us that little things matters a lot. Sharing this article would help get to someone out there who hasn't heard about bitcoin and needs to know about it. Also, don't forget to use your skills to promote bitcoin.
bitcoin is our complete finance without a central authority that can decide with our finances, this is financial freedom with several advantages compared to fiat currencies, one of them with bitcoin we can make transactions whenever we want, there are no specific hours or days, unlike with fiat currency, we can only do transactions when the bank is open. Pretty true indeed but we cannot remove the fact that there are still some advantages of having a bank just for an example: Bitcoin can be access through online platform right? then it would be a problem for few places who don't have full access on internet. Basically what I am pointing out is that we were not fully ready yet hence, I would suggest that don't compare Banks into Bitcoin because they have their own advantages and disadvantage, much better if we will practise to use both of them and have an efficient way of transaction.
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Investing in gambling sites could be quite good idea I think considering the fact that most of the time house is always win. However, this could be a little bit risky because once there's a player that got hit by his luck your investment will be over. And if you are going to invest in a gambling site, make sure that you will go for popular one because that will be give you a good profit.
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Well for that to happen Bitcoin must be extremely expensive first. 100,000,000 satoshi worth 1 Bitcoin, this only means that it would be a long way run, in fact it is almost impossible to happen. I like the way of being optimistic that it would reach worth of $1 but this is so unrealistic even if the market is volatile.
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This only imply that Bitcoin and the rest of cryptocurrencies are entering the mainstream once again. The fact that halving is getting closer, people tend to go back at the business believing that we bullish market will revert just like happened way back before. Entering the zone worth of $10k of Bitcoin makes everyone wonder and interested but what if Bitcoin set a new record of ATH, pretty sure this will absolutely boost Bitcoin related topics more further.
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Often timw, i have seen lots of Bounty hunters complain about inability to sell their earned rewards simply because it dumped massively and got de listed or wasted away or died.
But I feel otherwise, some Bounty hunters expect too much from project they worked for and got few tokens, so instead of taking profits, they hold and end up earning nothing, then they claim the project is scam.
Stop working for free Don't expect too much profits from projects.
NB: Taking profits does not literally mean dumping tokens, for examples, i earned 4,500,000 cyfm then worth over 200$ Today it worths less than 10$.
Always dyor
Well, we can't blame them for expecting too much in bounty campaigns because I am pretty sure that those persons who expect a lot are the ones who received a lot of profit way back 2017. Personally, I have still some of my tokens under my wallet and waiting for them to be enlist in exchanges or waiting for it to fluctuate. And if it will not be get list or it will take time, I will still leave it there hoping that someday it will be useful in other ways.
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I don't think exchanges will stop accepting shitcoins to be enlisted in their platform the fact this could be a profit for them. The payment for enlisting shitcoins is one of their income along with transactional fees therefore they won't stop it. There's no direct advantage of having these lots of shitcoins lying in the platform, however, it may apparently damage its credibility.
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I don't seen any reason for Bitcoin to increase just only because the maintenance occur in Bitfinex. Not gonna lie, Bitfinex was one of the largest exchange but this will not have direct impact in Bitcoin's price. I believe that this is because of nearby halving, few people tend to dump their coins thinking that we've already been in bullish trend.
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After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??
Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!
What is your thought about this??
First of all, Bitcoin mining isn't dead and if it does there will be an impact on Bitcoin circulation. Not gonna lie whales, miners whatever they are, do have big part in manipulating the market but this not necessarily mean they got the crypto market entirely.It is decentralized simply because everyone is free to make transaction without involvement of third parties.
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40% amount of bonus will totally bring and lure out investors however, this amount is no small this might actually affect the allocations of the token yet as everyone said the token might get dumped right after the listing. By that way, the token will might just end up like any other tokens that placed in the depth of the market.
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Today Bitcoin price growth is incredible! It seems the bull run already started from the first month of 2020! Bitcoin price is 9K USD again, Chinese Lunar year is not affecting the crypto market anymore. The way Bitcoin price growing, it can hit 10K USD even before February! I strongly believe this is the Bull run and Bitcoin price will go to 15K USD before the halving! What is your opinion guys, share here!
Not sure though if this really a bull run but I like what I am seeing now, recently it touch around $10000 USD and if this continues $15k might be possible before the halving. Everyone is expecting that we might have seen a new record of ATH thereby procure coins will be best option.
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Dear Community in 2020 How many chances of Bitcoins Regularization in Different Countries. Bitcoin Has now more than 10 Years old. But in most of the countries it is still illegal.Due to Government Behaviour most Exchanges and Projects are not allowing people to participate in the said Projects.Even Running Exchanges are Banning The people and not Returning Funds.We should start the campaign in favour Of Bitcoin.
If the government prohibited people from participating in the projects, people could still register in the exchanges, and they can still trade in those exchanges. When people are buying bitcoin or altcoin in many places, including in the exchanges, they can avoid the government, and the government itself doesn't know what their people do with their money. The government will know if there is a transfer from the exchanges to the bank account, but we have another way to transfer the funds to our bank account. I think it's a matter of time before the government will approve cryptocurrency, especially bitcoin to their country so people will be free to use crypto. Simply because cryptocurrencies are decentralized yet anonymously generating across the world of internet, this will take time for them if their people are getting involved in this kind of monetary system. However, the place where it is prohibited wouldn't get that easy for them to spend their earnings and wait till their government acknowledge the utilization of this currency.
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In the past few hours, although the gaining momentum has temporarily halted at the threshold of 9,700 USD, recent signals that a breakout above 10,000 USD is quite likely to happen.
As cryptocurrency analyst Eric Hoka tweeted that “given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000. It must be hard when halving is near. ”
The price of bitcoin over the past 24 hours has ranged from a low of $ 9,714 to $ 9,872. Bitcoin's market capitalization is recorded at $ 176 billion, accounting for 64.3% of the total market value.
Do you think Bitcoin price can reach $ 12,000 this February?
I guess Bitcoin will do hit $ 12,000 worth value of Bitcoin or even more eventually as halving getting closer. Everyone thinks that we were in the bull trend and even there is some analysis come from crypto enthusiast tell that Bitcoin will skyrocket.
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the number of bitcoin users every day continues to increase and it also increases the number of bitcoin transactions every day, maybe one of the reasons why the fees are very large is to limit the number of transactions that occur so that transactions can be faster confirmed
Exactly. Due to the reason of plenty transaction have been made every day, transaction fees tend to increase. Exchanges offer high transactional fees in order to process every transaction more faster and to be prioritized by miners, besides, it simply serves as their profit. As a result, traders used to convert their Bitcoin unto more cheaper transaction coins like XRP and ETH.
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Getting a mobile crypto wallet could really be dangerous as most of it are run to scam newbies who have no enough knowledge. My recommendation for newbies is that if they are going to download mobile wallets in Google playstore, you should know first the top ranked wallets because they genuinely legitimate for storing your coins just for an example the Blockchain, Coinbase, etc. Or you could've just download on their website just to be sure.
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