They moved 42k bitcoins and 5k support tanked it. That is good i think. It means they need more than that to make it point downwards. It is harder to manipulate bitcoin now. Or is it?
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You can always spot similarities in movement of bitcoin in the past but it does not guarantee anything.Remember, past performance does not assure future performance. Don't get your hopes too high.
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Initial motivation is money. It is easy to earn money from different gigs that pays bitcoin or altcoins. Later on, as I go deeper into bitcoin I began to appreciate the technology. That is what keeps me into bitcoin. I want to see where this technology will be heading in the future.
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You said it yourself, you do not have enough knowledge about bitcoin. You should not be teaching him. You can only introduce bitcoin to him, that is all. Let him find someone that can better teach him about it because when he starts asking questions, you might mislead him.
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You should always take what this "experts" say with a grain of salt. They could be playing games that are beyond our understanding. They could be playing mind games with us and making us believing something so that they can control the market. Like spreading FUD and then doing the complete opposite of what they are saying. So, it is better for all of us to understand bitcoin ourselves and make decisions of our own and not on advise of others.
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We should compare bitcoin with those payment methods. Isn't that we are supposed to achieve? To be able to be an effective payment method as those mentioned. Just because you can't win compared to them that we will demand comparison to stop. We should thank people that keep comparing it because we at least have a goal that we should achieve.
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If you will allow that, what would prevent them to do another fork if they see another address accumulating bitcoin? Then bitcoin will be useless because of the endless fork.
Besides, satoshi has the right to own that bitcoin just like you have the right to own the bitcoin you currently possess. Are you turning bitcoin into a government that can freeze or capture your money if they want to?
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Not actually. It is a 51% attack which could happen to any blockchain that does not have enough miners in it. They easily did it because ETC have very low hash rate. I would like to see them try that with bitcoin.
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Apparently, we are having a hard time passing through 5200, the new resistance. Unless we got past that, there will be no bull run. I think the real bull run will start when we hit 6K at least.
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I am not a fan of this series. The jokes are stale and can be offensive to some. It might work if they rework it by removing the garbage they inserted in it.
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You should not define bitcoin to a newbie in one go. They will be overwhelmed with the information that you will be feeding them. It is better to just describe it in the simplest word you can but enough to arouse curiousity. If he gets interested enough, he will research it on his own.
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35million members blockchain wallet it means bitcoin adoption is happening around the world we may see this figure get double in the next coming months
Bitcoin adoption is happening but this data does not mean anything. It can easily be inflated because a user can create multiple wallets. This is not actually 1 user is to 1 wallet.
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OP should really check his title and change it accordingly. The website is CCN not CNN. Now people is throwing hate to CNN which is unfair to them.
We should be used to it right now, there are lots of bad publicity aimed at bitcoin before. This is nothing new. But you see, even with a bad news article, bitcoin still keeps growing.
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I just want to remind that we do not have to be affected by this. We cannot be stereotyped.
From what I heard, we are also gamblers, money launderers and nerds.
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I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Suggestion is appreciated. The question is, are you satisfied with your profit? If you are satisfied, then take it. If that is not your target, then you can wait it out. There will always be an opportunity to make a new good investment. Brooding on your decision and getting frustrated if you lose some profit is bad for you emotionally and as a trader.
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i have question for Traders. what you think about ETH price, max predict about 3-4 month. it will be200+?
it is just a few dollars before we reach 200, I have no doubt it will reach that and beyond if the trend continues. Maybe it can reach 300$ max in 3-4 months. Now is a good time to get some eth while it is still cheap.
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Any lose you encounter in trading you charge into experience. You must learn from those. Those experience is very valuable and should make you a better trader one day. There is no perfect person as well as there is no perfect trader. Once you get the right experience, you will never be fooled by FUD, fake pump, bull or bear trap.
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It is always greed that keeps us going on. It is not easy to stop when you are killing it. Then when you start losing, you can't stop because you want to win back your losses. It takes a great deal of discipline to be able to stop gambling when you should. If you have no self discipline, you better not start gambling because there is no resisting it when you are already in.
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I hear it all the time. Bitcoin/crypto is alternative to fiat. And almost every token philosophy is based on this premise.
The question: can cryptocurrency beat legacy financial institutions to the point of replacing them?
... Thought as much... The much lauded JPMCoin was all noise and no substance. But can an accident happen to make legacy institutions catch up to the decentralized world?
As you said OP, cryptocurrency is an alternative, not a replacement. It is hard to beat something that is backed by the government. They would definitely not let go of the control.
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With the news of exchanges faking their volumes, its hard to if its just another pump and dump. Looking forward to hot/cold wallet monitoring.
Exchanges faking volumes is old news. That is why it is recommended to use trusted exchanges only. The article just shows the effect of a sudden pump to those exchanges faking volumes.
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