Keep them coming Meh.. A few moments later. Peace mate, @El duderino_
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IMO might be the best thing is to cross the bridge when we get there, it's too early today to panic and overthink.
Anyway, I really admire this thread however, I think you have to consider other people's perspectives as well.
For those who are worried, let me share this. Institutional investors don't need to drive the market. That isn't how they play and the only purpose they have in investing is to save from taxes (90% of the time). They won't care if they profit or not, as long as there is a store of value away from taxes or at least reduce it. That would be enough.
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Comparing Bitcoin and Shopify,
If you had 1,000 USD 5 years ago, and as a person who seeks security, Bitcoin wasn't a viable option. I'm basing it on an average person who works 8 hours a day. Bitcoin was very volatile during those days and also, people don't know how it works and it was very new, immature.
But Shopify was very promising since day 1. Because of the proof their competitors had and was most likely raised a lot of people to poverty than Bitcoin. And on the other side, Bitcoin really is rewarding, but only for those who believed and knew the potential.
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If I'm gonna be doing very quick speculation, it seems like Bitcoin does have a simple pattern. It's just something to observe or notice but please don't take it seriously. But when you look at the price changes, it seems like Bitcoin has this pattern just like, Increase > decrease > decrease>Increase more.
In the year 2013, the price went up then the coming years had decrease then suddenly, an unexpected skyrocket/ bull run. It probably the same goes for the next years base on my own speculation.
It seems we have met the new ATH, and we are now trying to break another new ATH and reaching $25k by next year. So no more 2017 the highest price of Bitcoin, it's now in 2020.
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I was a scalper before. But being a scalper takes a lot of effort and time and not to mention countless overnights and reduced sleeping hours. All your attention is on the market monitoring the price.
But then, I realized that doing trades for long term investment is actually better than doing it day by day. You can't sit 24 hours facing your computer in a whole day long, just like day trading. For now, long term trading is far better, with less stress, and less risk.
As you grow older, you realize that building wealth has a certain system. You have to be able to earn while you sleep and that's what I'm doing now.
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It's good to know this static, showing that Bitcoin now was had a great improvement compared to previous years.
I tend to agree that the Bitcoin market cap being compared with companies doesn't make any sense. But still, as an independent and decentralized one, surpassing big companies with high reputation is something to consider.
But for me, increasing the value of Bitcoin is kinda scary. Why? It might attract the eyes of greedy people in the government. Probably, I would prefer Bitcoin to have a low-key status than surpassing and causing disruption that would cause something we don't want.
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FinCEN’s decision might seem bad for many reasons, but it is also good for many reasons. Let's wait and see the results.
Cryptocurrency is still in its immature stage so we have to expect this coming initially.
But then, sooner or later. Once the cryptocurrency is scaled, users will then appeal. Let’s just let the initial execution kicks and then wait until it’ll be developed.
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I really understand that the reason for this thread is to celebrate giving and hope like the Christmas energy.
But then, Satoshi ain’t Santa Claus that will appear on Christmas Eve and give things to provide joy.
Satoshi Nakamoto made Bitcoin to be decentralized, with that being said he himself couldn’t do such ways of giving. It would hurt the core objective of the crypto. Let's just respect what is the reason for his hiding or even the real Satoshi wasn't existed at all, who knows.
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This is another positive move that possible could be impacted the Bitcoin price and give more awareness for most people that could possibly small or big investors, just like what happened lately, Greyscale, Paypal, and the Porn industry adopt Bitcoin. What next?
However, these executives have access to the main statistics, data, and pretty knows how finance works. So probably we don't need to worry about them. They have things they considered before investing their stuff in Bitcoin.
They already speculated what would happen to their assets with sets of research. Those actions will make sure to profit them in the future.
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Unfortunately scammers are a big problem everywhere and not only in this market, ...
I tend to agree, and even when the internet isn't yet here, scammers are all around the place. You have to expect that there are some who only know how to take advantage of people. That’s a fact. There will never be a rising road if there is no shallow. You have to make sure that you’re ready because, on every continuous road, it’s always ups and downs, so you just need to be careful. Quick advice, Don't let yourself get caught by FOMO. That’s a trap.
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It’s good to see someone nails the market. Steve Wozniak is a finance maniac so I won’t really be surprised.
He knows how the system runs in finance and I'm just only guessing here that most of its private sales came from investors who know the game and want to save some from taxes, legally. Steve has connections before this venture and that is how business works. Probably just a give and take, building trust, IMO.
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I have mentioned this already in other thread but this applies to this thread, as well. Central Bank’s capability is not limited. This is very self-explanatory. Honestly for me, if in case Bitcoin has created some disruption to Central Bank, then it might force the banks to step up their game and commit their selves to innovation. Instead of issuing Fiat currencies, they might be able to catch an idea where they do not need to spend resources for printing. They could just issue an encrypted process of producing money, IMO.
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It really is funny to hear those statements from an economist.
IMO, you can smell that there’s an agenda behind it. But he has a point when he mentioned the part on how Bitcoin has been developed and might the anonymous identity really is grey. However, I really find it hilarious when he stated about the mining process. Just like wait, you’re an economist, you do a complex process, you should know how the system works and study it.
There are some points that I tend to agree with him and he was right, probably those investors now didn't think about the long term investment, they want a quick profit, they just only know the basic of how Bitcoin will work. But they don't deeply understand the whole system.
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IMO, probably we need to stop the perspective of Central Banks being limited to issuing Fiat/money papers because it’s not. If in case that cryptocurrencies already dominated the market. Central banks have their choice to move to digital, as well.
Your individual rights for having cryptocurrency is way less than a central bank as an entity or in other words, we can freely have cryptos as much as we can. They can still dominate it stronger, the bottom line, central banks will never collapse and in fact, Bitcoin isn't a threat for them.
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As suggested above, I'm going to choose Coinzilla if I were in your place. I have heard a lot of positive feedbacks on this ad network for your crypto site, besides that AFAIK, they had a better CPM. But then, OP needs to have his own research even though we had already suggested him. You can find a lot more because there are now several blockchain ad network platforms that could help you to have ads, but choosing is a difficult one because some network didn't filter malicious and spammy ads. For more information that has review and comparison in all ads network platforms, you can read it here. Bitcoin Ad Networks Reviews and Comparison, (never mind the affiliate just the content)
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Have you reported all of these fake wallets on google playstore? I've done reported and I hope they will take action and with their terrible service which doesn't care if their ads contain scam or fraud advertisements as long as they will earn money, how sad.
I have noticed that there are too many threads reported scams and fake wallets as of now, probably because Bitcoin reached the new ATH which is scammers will always find ways to scam money from others. We should be careful about installing apps from google playstore or even direct searching on the engine box. We should not trust Google ads.
By the way, thanks for sharing and I hope everyone will do the same reporting them.
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To tell you this frankly, investment always has a risk and cryptocurrency investment is one of the most riskier investment choice out there but also give a possible double or triple ROI if you're lucky enough. It's not easy to make money in crypto especially in trading, it is required skills and knowledge before you will have profit. So now, if you don't have proper research and you will rely on other's opinions, I may suggest you have your own and understand it very well before you will make a decision towards investing in crypto.
Looking for a good analyst will be found at your self if you will study hard in crypto and understand everything, there's no reliable analyst out there, they are just also predicting the market which you can do if you have an idea how to do this.
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Since you're using a Blockchain wallet, there's nothing you can do is wait for it when it will be confirmed. Your wallet used didn't even support Child Pays for Parent (CPFP) or even the double spend with a higher fee or Replace by Fee (RBF), as mentioned above. Paying 1 sat is quite low and as we see on the Memory Pool (Mempool) through this site it becomes congested lately that has heavy traffic. If you noticed the color-coding on the chart, the color blue is represented as a 1-10 sats level transaction, you get probably stuck if you will not check the unconfirmed status transactions on the mempool. Next time, learn to have a minimum transaction and regularly check the mempool. If you are in hurry, use a large fee, but if not, there's nothing to worry about to wait a longer time because your bitcoin is safe in the recipient wallet as long it is correct. Therefore, I advise you just to wait patiently.
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Why not you will directly send it to the exchange platform that supported with BCHA. Because if you were going to ask me, I won't hold a coin that forked to BCH. Exchanges platforms that supported BCHA. - Binance
- Huobi
- Bitfinex
- Coinex
Wallets that supported BCHA.
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Here is my insight about Dogecoin if you are planning to hold this coin. - Dogecoin has too many supplies and it is mineable (127.5Billion as of now), which means unlimited supplies
- Good for payment due to less fee but not for holding
- Very community dependent
- its a joke coin that gained popularity, but not by the usage of this coin
Probably you can use this for payment purposes, as I heard most gambling companies already using this coin. But upon holding, I will oppose your idea and if you wanted to swap your Litecoin and Bitcoin for Dogecoin, that's not a good idea IMO.
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