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Technology is making our lives easier it has create more job opportunity so it's not the technology fault, the main reason most people are struggling for economic is because the poor get poorer the rich get richer, nowadays people are creating money from money, in order to make more money you need to invest more money, that is why the middle class people are now struggling
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Actually the one that become the motor is Bitcoin, when it goes up it can lift the alt coin price, the market now is in a bad condition, with a long bear market and the price manipulation,the investors hesitate to out their fund and it's causing the price unable to go up, and many people believe that the bear market is going to continue
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I think all of us will be frustrated if we keep on seeing the declining price, for the people that got weak mentality will already leave the market, I think now the market is not fill with fear, but more of the greed, many people still think that they can get an easy money from crypto, if people can focus on the technology then crypto will have a better value
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I think crypto currencies hold so many potential, it can be used as a currencies, it can be used as investment and it got a good potential in the technology, so it's a great idea to invest in crypto because in the future there will be a lot of things that can be contributed by crypto, by investing in crypto it's going to make our lives easier
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If the price keep on falling down then it could become a problem, the investors will become hesitate to invest if the price keep on falling down, but if we can picture Bitcoin for long term then we still see so many positive sign that can make the price go up, the problem is, it's difficult to convince someone when the bear market not stopping at all
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Actually there are a lot of great alt coin in the market, we got eth, xrp, eos, Ada and etc, the top 10 coins in marketcap is a great coin to invest, trx is also one of the great coin, but the development of trx is a bit disappointing, after being listed in many exchanges it got no significant growth
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Well it's a good idea to make Bitcoin into long term investment, but you still need to check once in a while, nobody know what could happen in the next 5 years but, big probability that Bitcoin will soar high, but I still suggest you to actively involved in crypto, we need all the help we can get to bring Bitcoin to it's best performance
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Crypto currencies need supply and demand to grow the bigger the supply and demand, it will create bigger transaction volume, if the transaction volume is big then it's mean the crypto got a lot of investors, because most people now are treating crypto as investment,so most of them are trading Bitcoin through exchanges
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Many people only interested in the profit, but they never really learn about Bitcoin they only think Bitcoin as the money machine, so when the price for corrected they become frustrated and spread a bad rumours about Bitcoin, but for the early adopter, they already taste the Bitcoin profit and witnessed how Bitcoin price jump super high, so I still got a big confidence that Bitcoin will survive and become bigger in the future
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As long as ICO still decentralized we will see a bad and scam ICO coming out, and there will be more people creating ICO in the future, because everyone got their opinion about the best coin for the community, the rapid growth of ICO had caused the investors to diversify their investment,this situation created a lot of weak ICO, so I don't think we will see a huge rising in 2019
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I think it's still possible but you need to wait longer, there are still so many potential things that can trigger Bitcoin price to go high, the closest one is the etf proposal, and then the adoption from countries, the adoption from the big companies, for now Bitcoin only being used for investment, when it's being used for currency we can see the price is going to go up
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It will be quite difficult for eth to return to its peak price, if the market continue like this then the chances are very slim, and you will need to wait for a very long time, eth condition is a bit worse than BTC, BTC already show sign of recovery, but eth showing that it would go down deeper
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You should accept the truth that the market situation is not too good even BTC is struggling, so no wonder ICO also got difficulty to grow, and with a lot of ICO that keep popping out it makes the situation become worse, there are still some great project that comes out but because of the market it can't growth as good as last year, and don't worry about the bounty, if ICO is still created there will be a bounty
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Buy fast and sell fast is a good strategy for day trading, because the crypto market moving in a fast market, so sometimes you need to act fast, but in trading the most important is not the speed but the right time to execute, so for me timing is more important than speed, buying and selling at the right time is more important than fast buy and sell
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The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
It is reasonable for the government feel afraid to something that they can't control, with the anonymity and decentralise, crypto can make people to avoid tax, and it could be easily used for money laundering, but the government should see something beyond that, the government also need to consider this as the future technology to help payment from different countries |
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Well it's fair, before you joined you need to read and make sure you understand the rules, if you don't fulfill the requirements then you won't get paid, even if you only completed 99% it still consider as failed, but some campaign does give a little compensation, but it's your responsibility to complete the requirements
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Yeah holding long for long term got the positive and negative side, it's better to spend and buy, so Bitcoin got a good transactions volume, but if you don't really understand about the market then holding is better than sell in a wrong time, and aiming for long term is easier to make profit
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ETFs can bring more investors to the market, which is inevitable, but I still think that if the ETF fails, then red will appear again in September?
If the application for the ETF fails, the price could drop for a while. Then it will resume the upper trend. Do we really need ETF or this is just a speculation in this market? Well, IMO even if the SEC disapproved this again, the market will just move normally just like what happened before where SEC already denied some of the ETF. Bitcoin is great and even without ETF it can still soar higher. Yes I don't think we need ETF, Bitcoin will work great without the etf, the etf could make the price go high, but we don't know what other impact is going to happen, but some people trade based on this news, it has happened few times that when etf being rejected the price will fall down, so the etf denial will have impact on the price |
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It's a great advice, in trading there are momentum where the coin going to keep on going, if you missed the chance to grab the momentum then it's better to wait for another chance, don't jump in where the price is already moving high, unless you are sure that the price going to hit up again, but most of the newbie trader failed to understand this and this is where a lot of beginner lose their money
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Pundix is a very interesting coin,it was created to become the payment system in Indonesia,the first time I saw pundix was in the ads where you can paid your food in the small restaurant, I think it got good potential, some advice, if you already make more than double fold, then sell some to recover your initial investment, so you don't own any risk anymore, better to play safe because invest in crypto got a high risk, so whenever you got chance to decrease the risk you should do it
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