I wouldn't rely on that. Of course I'm not saying that you can't find some useful information there but still you can't make decisions based on that and there is no guarantee you will make some profit. And it's the same for both, paid and free groups, I don't think that either of these two will bring you some significant benefit. Also, there is no proof that signals you get will actually work, it's more guessing that sometimes will be true and sometimes not. And you can do that on your own too.
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To my opinion it's not very likely. I'm not saying that is impossibe, Bitcoin can realy surprise us in any way but currently the situation on the market and the mood of investors are not pointing in such direction. Also recent small price rise isn't factor that would show the price is going to rise continuously, just a minor positive correction. Still there is few months left until the end of the year so let's wait patient and see how the situation is going to develope.
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Banks can't work with bitcoin, search "fractional reserve". Banks may offer some Bitcoin services in future but it won't replace fiat services nor it will be possible to seamlessly juggle/ exchange between bitcoin and fiat.
That is true, banks can't fully operate on Bitcoin or any other cryptocurrency and fiat currencies will keep their position. But that is not the goal of Bitcoin or the banks. Still I think banks will start to offer Bitcoin connected services to their clients because they are well aware this is the future and potential good source of profit. One of the important obstacle to go live with such services is lack of regulation and position of central banks but I think this will also change in the future.
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I've been with Bitcoin for a long time, from 2013. I remember well the time that was much worse for Bitcoin and the price wasn't near so high as now is. So recent drop isn't any disappointment or discouraging factor for me. Of course I would like that the price was higher and that it didn't drop so much from the last year but still I look at this as normal Bitcoin volatility and conditions on the market that are changing all the time. I'm not in a hurry, I have enough patience and time and the price will recover.
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Besides that both are investment categories, from my point of view Bitcoin and gold can't be actualy compared and because of that it's hard to tell that Bitcoin will or will not surpass gold. If you look only at price then Bitcoin is already better than gold but on the other hand I.think there will be always more people investing and trusting in gold than in Bitcoin. Gold has since ever been one of the most valuable store of value for the people and it will stay so for a while. I also think that investors in Bitcoin and gold differs, these are different categories of investors with different risk apetites and investment strategies.
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You are not the first or the last one to fail but the good thing is that you have realized that you are making some mistakes. Trading skills and experience are something that you will get with time and it takes a lot of learning and patience but it's not impossibe. Just don't rush and make desperate moves, invest small amounts that you can afford to lose and learn from your mistakes so you don't repeat them anymore. It takes time but it's worth your efforts.
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The way I see this situation is that Bitcoin is some central value referal for other coins and their value is great deal compared with Bitcoin. Also, I could say that almost all other coins are created with purpose to achieve Bitcoin's success and to be so valuable and accepted, which is not going to happen but Bitcoin is still influencing great deal on them. This is also confirmed on the situation on the market where we can see how fluctuations on Bitcoin price influence the price of altcoin.
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Every legit and reliable Visa or Mastercard provider asks for KYC because of legal obligations due to anti money laundering provisions and terorrism financing. I don't think there is any that doesn't ask for your personal data. Even if you find one don't expect quality of service or customer protection so I don't think how wise is to use any of such services that doesn't obey legal provisions. Probably is also linked to some kind of scam so be very careful.
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I think this is one of the most expected December in Bitcoin community. Many hope we will have the similar situation like last year. Personaly I'm not so convinced about that. Yes, Bitcoin is unpredictable and everything is possible but still this year market differs from the last one. So, I don't quite expect bull run but some slight price rise could happen as we approach the end of the year.
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If you want to stay anonimous then your only option is to buy Bitcoins with cash and in face to face transactions. All exchanges have legal obligstions according to anti money laundering and anti terorrism financing sp KYC is obligatory for them. The only question is how much you can trust one single person to buy such big amount of Bitcoins. Anyway, my suggestion would be to buy such amount in multiple transactions and not from only one person.
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Despite some desires cryptocurrencies will not replace fiat. That is not their purpose and it's not necessary. But fiat and cryptocurrencies could successfuly coexist together with some conditions. Regulation and adoption by governments is one of them. Also adoption by businesses and better education and awareness by all users.
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Governments are well aware that cryptocurrencies are future and that they have to keep the step with time. Still not without any condition and regulation is one of them. This is the process that has already started in many countries and I expect to be further developed more and more. Cryptocurrencies can't be escaped any more and more and more people will use them so governments will have to find the way how to best implement them in economy.
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I don't expect some big price growth, at least not in the first quarter of the year. Maybe the price could reach about 8000$. I also expect the fluctuations and minor corrections to continue through the whole year and maybe somwhere at the end of 2019 Bitcoin could reach 10000$ again. But 100 000$ is not going to happen, this is not realistic and way too exaggerated.
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I don't think that Bitcoin will destroy stock market. I mean in theory how it's presented it's possible but it will not happen in real life. Companies will not stop issuing shares and start issuing coins. This would be very daangerous business decision that would probably fail. No one would like to take such serious risk and change completely business rules. The only way that cryptocurrencies market is competition to stock exchange is that some users would rather pick to invest in Bitcoin and other cryptocurrencies than company shares or other goods on stock exchange.
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I know theory isn't much interesting but at first you should know at least some basics about the trading and how it's functioning and something about the market too. So, first educate yourself. Besides knowledge you need to use your head instead your hart, so try to control your emotions as much as possible. Some analysis skills are also important for the trader as well as to be patient. Don't rush, take your time and with some luck you will become good trader. Just don't expect to become rich over night.
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Blockchain is great technology that can be used almost everywhere, not just in financial industry. It can make business better and more progressive and thus to improve economies around the world. But I'm not so sure that it can make world a better place, for that only blockchain isn't enough. But it's definetely technology of the future that is yet to reveal the full potential.
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There are no signs that this is some alarm dip that would show some deeper and more serious issues on the market, so there is nothing to panic about. It's more regular correction that it's actualy aligned with the situation that's been more or less, through out this year, bearish market. Still I expect some recovery and this might happen relatively soon, closer to the end of this year.
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Sure big banks and financial institution want to make money Crypto market is great way to do that Because of that banks will force to regulators to give crypto green light At the end they will use blockchain technology to reduce fee and improve his service
I totaly agree. Banks are very well aware that cryptocurrencies are possible profit source for them but lack of regulation is one of the obstacles they can't get fully involved. It's true that Bitcoin and cryptocurrencies are kind of threat and competiton for banks but they are not trying to destroy cryptocurrencies like many think. Banks are just waiting for the right moment to join to the game.
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At the moment we can see that Bitcoin price has droped few hundred dollars so probably there are some who predict it will not stop there but go all the way down to 4000$. It's not impossibe scenario having in mind how unpredictable Bitcoin can be and how easily price can change but to my opinion this will not happen. In fact I expect slight price growth by the end of the year.
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10000$ is not such high limit that it couldn't be reached and in relatively short time. At you looked at the last year it looked like Bitcoin price has crossed this sum a long time ago. Still Bitcoin is highly volatile and price can change very quickly. But how high the price will go depends exclusively on.the market and the users, supply and demand, how much is.one willing to pay for Bitcoin. Nevertheless I beleive Bitcoin will reach 10000$ again but not this year.
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