This is a typical thing that happens after every bubble. Cryptocurrencies are not special on that side. The real point is to make BTC survive such issues. For example, take a look at dotcom bubble. Many companies got big MC for nothing and after this bubble they got bankrupt while some decent companies also lost a lot MC but they keep operating and the most successful ones got all those money back. So in our case most of those dead conpanies are different shitcoins and good ones are like BTC. Let Bitcoin be an Amazon of the crypto world.
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I'm sure that OP is not going to withdraw 2 BTC every day from this exchange until he withdraw 25 BTC. I guess that people that are willing to operate with their own $200k USD worth of crypto are not creating threads on the other forum but contact the exchange administration directly. Also no one cares about your KYC data and your privacy. Nothing bad gonna happen until you are not laundering your money. Thanks for the replies. And I'm happy to do KYC anytime it's required, but prefer to preserve my privacy when it's not required.
Then you may sign up more than once to Binance. It provides to you privacy. I remember that Binance promised to us at the beginning, they will let us to withdraw 2BTC without KYC. So you can create more than an account. Any kind of cheating may lead to account freeze. It will take you pretty much time to get your funds back.
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1) Now as a community we should not encourage ICO'S for time being . As if now there is enough projects funded in crypto space for next 100 years
First of all our community is already not encouraging shady ICOs. Promoting such kind of ICOs is a straight way to get tagged on this forum. 2) We need investors who believe in new era of currency . Also needs to attract NEW investors . For that we have to keep Crypto Space Clean .
A good investor is investing his money not because he believes in something but because he would get his money back with some interest. Everyone who is investing in something just because he believes in it is just a retard. 3) Crypto projects are necessary but we are having enough project for a time being . Community has to understand this . Find a good project already in a place . Support that kind of projects . Which is giving real value to crypto space . Instead of investing in Scam project and getting into trap .
And this is why there was no big ICOs for a pretty long time and coins of already existing coins are in deep shit. People are not going to invest in crypto related projects as much as they did before.
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I think that John McAfee would refuse to give you his dick so you better find some other disgusting thing and get ready to do it. Just imho but even such obvious things like running naked around the street is fine if you gonna bet on it. Anyway, from the current point BTC have to make like x14. I don't want to disappoint you but one thing is to get x10 on shitcoin with 100$ market cap and the other thing is to make x10 with multi billion MC. Actualy this is the reason thy GDP is growing with a slow speed.
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Do you just always HODL? when do you know where to sell? When do you think the market is about to go down you sell and then getting back when you think it's recovering?
Just sell your BTC whenever you need to get some fiat money. Trying to predict the future exchange rate is a useless thing. You may sell your coins today but tomorrow BTC would gain extra 5%. And as the practice shows us on the long run it would still keep growing. The only 100% good moment to sell is the end of the trend when the asset would definitely stop growing. And trying to predict that moment is also a useless thing. SO just sell when you need.
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You probably tried to send some kind of bank transfer. In such transactions sometimes banks make minimum transaction amount of $100, fixed fees about $30 and extra % of the total amount. That obviously seem retarded but there is also a lot payment systems like paypal or some money transfer systems like Western Union, which have a lot of similar services with smaller fees. Anyway, crypto is not the only solution for that problem. People invented many things to make small international transfers easier.
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To increase the average transaction fee we obviously need many transactions with a high fee. Those whale transactions probably wouldn't be even noticed. They would get to the 1st positions in queue, get confirmations pretty fast while the situation with the other transactions would probably remain the same. Even if we see some fee increase then it would probably be something except whales.
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I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
Now think about it once again: during most part of its existance cryptocurrencies were used for different kinds of scams, fake ICOs and ponzi schemes. People lost millions due to exchange hacks or wallet hacks and most of them probably would never get their funds back. So you compare it with fiat money that are only inflate slightly every year in order to provide some advantages for its manufacturers on the world arena. So how can you say that cryptocurrencies are safe?
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I guess that Human Rights are playing the role of religion. Unfortunately, as all natural rights it does not exists. So it is also the same situation as we see with religion. What about the water and the Earth?
Does anyone stealing the water from the earth and bringing it somewhere to mars? I thought it is still here. Is family still such a strong value?
The Catholic church has been destroying family for ages. Maybe family is still a strong value in some muslim countries. Catholic Churches weren't destroying the families. They were the one who have given value to family. If there is no catholic churches around surely the families could've never been strong as now and it is quite hard to see a family relation. Everyone will lead a life having sex with whom they wish and making child's suffer throughout their lives. During the pope revolution catholic church replaced the extended family with a nuclear family. So they literally destroyed the previous family institution. The reason was simple - greed. Many years ago in case of widow's death (for example if her husband dies in the war) without any other relatives, the church by default inherited all her property. That was the main source of income for the church. And the problem was that with an extended family there was a huge amount of different heirs that could get everything. So that was the reason to destroy the family many years ago.
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If you got scammed then the best way is to call the police. Scammer definetely won't give your money back by himself while police can try to find him so you could sue your money back. Many scammers are using different resources that would allow cyber police to find him. That would work especially if you live in EU. Scammers don't really care about you until you find them.
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As we see, most of the recent media trends are related to the control of the social media. Facebook and twitter are banning people for any kind of right wing posicions in discussions. Government is using social media to track criminals and other militaristic stuff. There is no way for those people to loose control of media resources. Corporations have too much money to keep their dominance. Steemit is probably the first ever blockchain based social media that became successful, but didn't hear any other prominent names after that! But Steemit is not a full fledged Social Media platform like FB.
I consider success basing on the results of the project. And the quality of top rated content from Steemit is absolute garbage. On any other platform even the shittiest bloggers are making much more money than they could make on steemit.
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If you realy want to speculate on cryptocurrencies then the easiest and safest way for you would be not to trade cryptocurrencies lol. It doesn't really matter on which market you are trading you can easily trade on forex, set e higher leverage and get more money if you want to risk. In that case there is no significant difference between crypto and fiat. At the same time altcoins mostly are in deep shit so there is not much sense in hodling.
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I think that FOMO is rather a private issue than something global. You won't find so many retards who still want to make x100 on BTC that their money would be able to move a multi-billion market cap market. The other point is that in some moment we have to expect the correction. And the more and faster the market is growing the harder this correction would be. Back in 2017 when the price came to $20k the growth was incredibly fast and as we remember correction was also pretty hard.
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Beerwizard, since you want to talk about being a smarty pants, how about me and you do a I.Q test, I get 30 mins and you get 1 hour, we do it live on cam. I will score at least 180-190 on any random I.Q test. How much BTC do you want to bet? 5btc sound good?
If you think that I would accept this challenge then everything becomes completely clear - you are really retarded. I don't give a shit about your or anyone else's IQ. Until you support your claims with some facts it would still sound stupid. There is such a thing that is called an economic science. Perhaps you should listen to some skilled economists and not politicians. You are telling that fiat money is a scam. Maybe you even made a great discovery and found out that inflation is annualy cutting our savings. But the question is if it is better to use cryptocurrencies or fiat money. And fiat money are currently in charge. There is a small hint: you should just prove that the economy of a country would work with a deflationary currency, especially with the one that deflates that fast. And only then you would be able to say that crypto is better. do you know how many good men have been killed because of the oil tycoons, and bankers. MILLIONS UPON MILLIONS! IT IS IN THE BILLIONS FOR $LAVERY!
WE COULD ALL BE DRIVING CARS THAT RUN ON WATER! WE COULD OF ALREADY BEEN IN ANOTHER GALAXY!
Oh my god. You keep posting that much bullshit while I've been typing this post. You are even more retarded than I thought. I shouldn't open this thread anymore lol.
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The point about democracy and capitalism is already explained above. I just want to add that capitalism may work in authoritarian countries (like Singapore) and democratical countries can have socialistic economical policy. Even marxists say that their perfect community should be a proletarian democracy. Democracy and capitalism are not the same things. bitcoin and crypto are controlled by private individuals, that run that cryptocurrency index.
Bitcoin is controlled by: 1. Miners. 2. Holders. We should remember that Bitcoin is still the same money that we are using. So some people and organizations control much more currency than the other community. From this point of view we can hardly say that Bitcoin is controlled by individuals.
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I still can't get why all those exchanges are faking their volume. Most of such exchanges are located somewhere in asian countries and their target audience are also asian traders that are always using exchanges that are located in their countries. Also those exchanges sometimes are not even usable for non asians simply because they don't have a proper translation. So they don't have the real competition that the other exchanges have and why do they need to fake their volume?
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As I remember Wholefoods was bought by Amazon, so it is not its daughter. But anyway, this is a great step forward. And Amazon is an undoubtful leader in this kind of innovations with their shops without store clerks. Such things don't tell us why we should use cryptocurrencies but it helps HODLers to spend their coins without selling it and losing time and money on fees.
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I was not trying to look smarter,
And you didn't. Congratulations. How it is bullshit, click on any on of his tweets, click on the people who like it, click on the comments that have been botted to the top, click on people who like those. Within 1 millisecond of me clicking his tweet, 10 people liked it, 8 out of 10 did not speak English (they were fake bot accounts), only 2 people followed him out of the 10. You can even click on any of his post today, look at the people who liked or retweeted it, look at their profile see they don`t follow him. It is not rocket science buddy, you are talking to a guy who used to get botted on twitch.
Your comment is bullshit not someone else's Twitter likes. It is not a secret that Twitter is full of bots. My tweets are also getting such likes but it doesn't mean that I have paid for those likes or that I even know why those bots are doing that. How do you get news feed if you are not following a person that follows trump? other then looking at recent hashtags. I will bet my life on it those non speaking english accounts/bots were not doing that.
Let me tell you a secret: sometimes social networks are trying to push such post just because earlier you liked something related to the same topic. It is not necessary have to be the same account. or is my comment that fiat is a scam bullshit? because you don`t understand that trading something for nothing is en$lavement. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) At least until you are supporting your statement with something it seems like some conspiracy pullshit that you took out of your own head.
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bitcoin surge happens when fiat moves to exchanges and if whales were behind it then you had to look at their bank accounts where they trasfer fiat to buy bitcoin increasing its price, not the bitcoin blockchain!!!
It is not necessary for some whales to use their banks. For example if they had their funds already on exchanges. This might be a typical behaviour for some asian traders. But if recent pump happened because of whales then they either they are carefully hiding their transactions or it is just a good market conditions for growth. There could be no point in hiding your purchase of you were an established company.
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PayPal work separately from Ebay for already a long time, which IMHO makes the whole story more realistic because in that case ebay would be able to provide their own policy regarding crypto payments. But anyway even if they accept crypto payments then it would rather be something like BitPay where you would be able to fund your fiat account with crypto without any massive bitcoin movement.
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