I completely agree that labeling is bad and mixers are not only used by criminals. I think that we all also remember the times when Bitcoin was labeled as something illegal and used only by criminals. In fact some people still have the same opinion. Although it's true that mixers are used for some illegal activities it's used also by ordinary users and we have to set the boundaries. Everything that has good purpose can also be misused but to make general conclusions is very bad. And we all have the right for privacy and mixers are one of the tools that can enable that to us.
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This is hard to tell because price could always go lower. I rember when in 2018 price went below 6000$ many said that was the bottom but obviously the price has fallen even lower. But I don't think that the price drop stronlgy depended on Bitcoin cash like some here have indicated. At this moment every prediction about the price is pure guessing so there is no use in it.
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Decentralization is one of the main feature that attracted people to Bitcoin and cryptocurrencies after so long period of centralized financial industry dominantion. I think this is still functioning well and I don't really understand what you mean by saying that decentralized system is being abused. Anyway I agree that regulation could be positive for Bitcoin and lead to further progress. As well I don't think that regulation would also mean centralization as many users are afraid.
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
If you want to earn daily here, you need to implement Day trading. In this way, you can have a chance to earn 3 to 5% or more depending on the movement of the coins that you are going to buy in. Make sure also that the coins is has capacity to get higher in the future. Just as a trader you must know that you are a risk taker and you really should. Since he is new and doesn't have experience I wouldn't suggest day trading. It's very demanding and risky and it's much more designed for experience traders that are on the market for long time. For beginners I would suggest to start with smaller amounts without much risk before he gets necessary knowledge and experience. There is no reason to be afraid of trading as long as you have the plan that is realistic and don't invest more that you can afford to lose. Also, don't be too greedy and always have enough patience.
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I would always choose cryptocurrency above Forex. Both investments are risky but to my knowledge Forex is more connected to different fraud scheems and many have lost a great deal of money. I also think that cryptocurrencies could be more profitable and also easier to invest. I also know some people who were successful in both cryptocurrencies and Forex but there are only few of them who are really skilled and experienced traders.
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It's far too long period of time to make such predictions. People speculate with different values, usualy very high ones that are more product of wishful thinking than any solid analisys or result. I'm more focused on some close future and how to adjust the current conditions on the market. I expect for price to rise but that will be slow and graduate process and I don't think Bitcoin can come to 10000$ this year.
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I can say I didn't. In six years how I'm involved with Bitcoin I haven't lost any coin or being scamed. But that is because I was always very careful where do I keep my coins and who do I trust. I didn't invest in cloud mining like some and I avoid ICOs. Also I only bought or borrowed coins here on forum from people with excellent reputation and trust. I never fall for offers that look too good to be true.
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The only way for you to secure your funds is to divided it and spread to different exchanges site incase the exchanges site who are hacked you still have others and that is really helpful for sure it's risky to secure all your funds in one exchanges site because not only the hacker you need to avoid also the possibility the exchanges site close.
I wouldn't recommend keeping coins on exchange at all, except the amount that you want to trade. Exchanges are not wallets and definetely are not secure enough and very volatile because of being constant target for hackers. If you want to secure your funds it's much better option to keep them in different wallets where you can control private keys and adjust security features. Of course there is no 100% security anywhere but you have to know that you are responsible for your funds on your own and you have to use all available tools and options that could help you with that.
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I think that currently no one can't predict how the price will move in the next period. Many are also reluctant to predict any price rise and especialy not some big explosion, it's just not realistic. It's more likely that the price will stay in current range at least by the end of first quarter and investors are still very careful. Still my opinion is that everyone is too much focused on price only and the more time will pass and expectations will not be fulfilled, the more users will be disappointed with possibility to quit Bitcoin.
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From my perspective Bitcoin ATMs are not so popular anymore. At least not in my country. Year or two ago they were appearing all the time but recently there are no new ones and existing are not so popular. I think that Bitcoin users are having multiple choices how to buy or sell Bitcoin on more convenient way. So having a Bitcoin ATM today is not so lucrative business anymore.
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I wouldn't say that the price is declining I would more say that is still some status quo. Some changes in price that we see are just smaller corrections but actually the trend from the last year continues. If you ask me the market will continue this way for a while without major changes. It's possible also that price will fall even under 3000$ but I don't expect such scenario.
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I don't think this is true. Generaly people who invest in Bitcoin and those who invest in gold are totaly different types of investors so I don't believe they would just switch to gold. I think they would choose some other asset. Although it's traditional and will always have the value gold is also volatile and like with every investment you should accept certain risk and have some plan. And it's not tru at all that the price of gold never goes down, only the fluctuations are not so often and big like with Bitcoin.
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This is much overpriced and exaggerated value. Bitcoin will not reach that much so we can only speak in theory but that doesn't make any sense. Let's be more realistic and talk about real possibilities. Besides I gave up buying Bitcoin, earning is much better. Also, at that price no one clever enough wouldn't buy any coin at all.
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So the cycle is that, if media is spreading fake news, and the people will believe in it, for sure they will also believe on negative things. After that, they will not invest on the particular item then the market will crashed depending on the volume of the people believeing in it.
Yes, it is a public stunt and many people won't have time to research for the 'real' incident if there's a news that came out related to bitcoin, good or bad. Fake news do spread quickly and many people who aren't aware of it as fake one, mostly are gullible and definitely going to believe without any validation of accuracy. But what if good news are being spread ? I bet people will also believe on it even if they didnt know that it was fake . so in order to save bitcoin and other cryptos , why cant we start a new campaign about spreading good news and positive vibes to other netizens online ? News is indeed influencial but other aspects like whale manipulation and forum speculations/fuds can also help the price to go in balance . Idea to spread good news looks like the good solution at first glance but it's well known that people are more interested and more beleive the bad news. Probably it's human nature. Unfortunately bad news always have bigger and deeper impact and spread much quicker and the same is when it comes to crypto. I don't think there is any other solution than to educate people and teach them to think criticly and learn how to recgonize fake news.
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Early adopter of crypto currency and bitcoin to be specific will reap more positive revenue than to those who stick to the old means of payment and not adopting cryptocurrency. In the end more and more people would used crypto currency as mode of payment both online and offline transaction.
That it's true, with time Bitcoin will get more adopted but still there are some conditions for that. As far as businesses are involved Bitcoin is still too risky and too expensive for them and that is also valid for online merchants who are still not willing enough to accept Bitcoin. Bitcoin debit cards are the solution for users who thus don't have to worry if the merchants accept Bitcoin directly or not. I think that positive regulation could help with better Bitcoin acceptance by merchants who would thus feel more secure and protected.
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Personaly I would prefere to trade on exchange with certain good reputation and that has considerable number of users who are satisfied with service, a transparent terms of use. Also it's very important to me that it's legitimate and trustworthy and good covered with customer support. The site you asked for doesn't give me confidence but I'm not saying it's a scam. But before you put your money there make the due diligence, don't rush.
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I don't think that new cryptocurrencies that appear all the time endanger Bitcoin idea or Bitcoin itself. It's the free market. Although I beleive that Bitcoin will always stay some referent value for all other cryptocurrencies As far as control is involved, Bitcoin is decentralized and will so. Nevertheless, I think that we need some kind of regulation that will give Bitcoin some legitimate nature and involve it formaly into economy system.
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As for now it looks that the trend from the last year continues. Some ups and downs in price but without big fluctuations and the price stays in range around 3000$. To my opinion this will continue further and for some price rise we will have to wait a while. From current perspective the price of 8000$ looks really far away and I don't think this will happen any time soon. The market remains bearish.
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Although Bitcoin price could go lower than it's now I don't believe it will fall all the way to 100$, such predictions are exaggerated. Although many wouldn't agree with me I think that even in some worst scenario this will happen I don't consider this to be such tragedy. We've seen that price before at the Bitcoin's begininig and I think even now at that price it would have their users and supporters. And how it can go lower, so it can go up too, just need to wait long enough.
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There are some similarities but I wouldn't make such comparisons or expect the same scenario. In 2015 market was quite different compared with today, smaller number of investors and not such influence from the side. We can't expect the same growth pattern as it was back then. Today people are quite sceptic and reluctant to invest in crypto market so we need some fresh blood comming and some big influental investors to start the market moving in right direction.
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