This small decline because of another Chinese FUD is nothing.
But my five dollars!!!! $995 is close enough to $1000. I don't see what the big deal is. If we suddenly dropped back to the $750 range, all the FUDers might have something to pat themselves on the back about, but it seems like the price of Bitcoin has been pretty stable lately.
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create your own ico, hype the shit out of it, premine the shit out of it, dump the shit out of it.
one freshly minted millionaire is hatched.
Exactly. The only ones getting rich off altcoins right now are devs and the people holding ICOs. Create coin, take peoples money for startup, premine and dump on exchange. Rinse and repeat. There might be one coin every two or three years where you can make big profits in the long-term, but most you need to dump quickly because they won't last. Most alts offer no new technology, no real support, just a lot of marketing hype.
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People are always making these predictions to hype a story. It would take some huge event for the price to go up that much. T he reality is that until there are faster confirmations on the blockchain, Bitcoin is never going to be used for more than internet money.
Unless the average person has a way to change fiat to BTC and vise-versa, or spend Bitcoin in a physical shop, there will never be the mass adoption that would increase demand and drive the price that high.
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20 satoshi in 2020.
Hopefully I remember making this post because im 99% sure I'm correct.
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Bitcoin.
Some Monero in case the price goes up long-term. Burst because its an amazing project with innovative ideas. You can still pick up coins cheap and they might actually be worth something one day. More of a long-shot gamble. Will probably buy back into Factom and hold.
I actually think investing in Ethereum and Augur rep tokens might be a good long-term investment, as well.
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Depending on your plans to hold or dump right away, you also might adjust the coin you are mining. Personally i think ZEC will continue to drop, while ETH and XMR have a better chance of going up in price long-term.
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Promise of a big return is a huge indicator.
Sudden change in how things work is another indicator. For example, most scammers try to build confidence then change the way they want you to send money, ask you to start communicating with a different account, etc. Changing the deposit method, email address/ account name is a big red flag something suspicious is happening.
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I would say you actually have a greater chance of getting caught, since the person will probably try to convert the Bitcoin to fiat at some point. If they are under suspicion of anything, anyone watching them may catch them trying to cash out their coins. Paper currency is much easier to hide as long as you don't try to put it into a bank account or something like that.
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Lots of garbage news sites need to generate traffic so they print FUD with explosive headlines. Saying something is banned or dangerous is a great way to grab peoples attention. Unfortunately these sites only care about the money from advertisers so they will publish half-truths as long as it fills their pockets.
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Yeah I definitely need to find out more about assets. Its definitely one of the best features of the project. Lots of innovative stuff here. Really hoping this project catches on, but not before I have a chance to stockpile some more coins.
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Definitely a bit of a downtrend. I can't see Monero dropping below $10 since its pretty much assumed it will be added to Coinbase by the summer (this will mean a lot more interest in the coin) but anything is possible. I'm looking at Monero as a long term investment right now. The get-rich-quick days are over. Now we need steady growth, more exchanges/ wallets, and interest from other regions- Asia specifically to increase the value.
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Thats a nice looking UI. Simple, easy to read but still sexy. Great job to whoever did the design.
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You would be crazy to own crypto and not have at least a few Monero in your portfolio. Its very unlikely you would go bust, and the upside potential is huge. I'm still predicting $15 by the middle of this year.
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Banks pay almost no interest on any kind of savings account. You need to be doing some form of investment account that has risk of losing money before they give you more than one percent or something like that.
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Unless there is some huge development, price is going to stay sideways. Doge is still used for some gambling and to transfer some small amount of Bitcoin quickly, but I don't really see a price increase any time soon, unless someone with a ton of money decides to pump the price a bit.
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Price has already started to rebound a bit. Could even go back up to $1000 USD by the weekend. Good time to save a few dollars if you need to buy some Bitcoin IMO.
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The world is built on debt. Every major countries financial system depends on being able to borrow money.
Most people live paycheck to paycheck with huge loans from school, credit cards etc. It would be a disaster with most people in financial ruin if they weren't able to get consumer credit.
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I've actually lost all enthusiasm for crypto recently. Bitcoin, Monero, Ethereum, Factom and maybe one or two other coins will actually have a place a few years from now. The rest are just garbage coins made as a get rich quick scheme. 99% of coins have no use, no advancements in technology and simply aren't worth wasting time or energy on. I do like Burst. Its a cool idea at least.
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25% of blackmarket transactions in Bitcoin is the most likely scenario to actually happen from this graphic. Illuminati puppetmasters would never let a currency they didn't create replace reserve currency.
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He is only saying he is inverntor of Hashcash so I dont see anything wrong with that part. Now, if Hashcash and Bitcoin are exactly the same thing minus the inflation control is up for debate possibly. I don't know the technical aspects of either well enough to make an argument there.
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