The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
I think there will some indirect impact on the price of Bitcoin. Actually, this could be compared to conflicts that had happened between the US and Iran, probably some investors will use it as a safe haven. However, I don't think every phenomenon will have an impact on Bitcoin and other cryptocurrencies better if we will still analyse these events. This Corona virus is mostly infected in China, so don't worry about the price of Bitcoin, Bitcoin and other cryptocurrencies will have no effect, unless the cryptocurrency was born from China you have to be aware of, it could be that the project is affected
Actually, a large portion of Bitcoin mining is placed in China so I do think that it could might affect the Bitcoin value but it would not be that massive I think. |
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Massive adoption across the world in one of my dream for Bitcoin and I know that it is commonly wish of everyone here in this community yet I think my second wish will be fulfilled if this massive adoption will be attained btw, my second wish for Bitcoin is for its price to grow and set its new record of all-time high. However, it seems my first wish is way too far to be fulfilled due to the fact that there are still some places who are completely against from it.
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With the introduction of IEO everything began to happen through the exchanges. This limited the scams happening through ICO, and people began to move towards IEO. At any instance we can't say one is better than the other, because now the scammers have begun to use IEO as a way to scam creating new exchanges that was never been into usage earlier.
Well, I think we can somehow avoid that. If we saw an IEO that is partnered with a new and suspicious exchange then I guess we shouldn't participate from it that is why before taking any move we should make a research about the project we are going to engage. Personally, I think IEO was somehow much better in ICOs simply because of the fact that it is already been partnered with exchanges so you won't need to wait for too long just to enlist the tokens you've got. The only thing I can think of why IEO does not become mainstream as ICOs have is because investors having a doubt that they will encounter the same thing what they had experience in ICO back in the day. |
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Hello dear members,
I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.
What is your idea about this?
Probably, it would be better if you will use it to buy some coins that would bring a guaranteed profit like Bitcoin, ETH and other top performing coins for example. I will recommend that you should go for long term trading because I don't really sure that daily trading would be appropriate in that amount. It is too much low amount that if you tend to go for daily trade I am afraid that it might just drain out due to transactional fees while long term, on the other hand, you could perhaps earn profit however it would not be that much yet it might take time since we don't know exactly when coins grow. |
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I remember when I used to play dice I usually used Bitcoin and LTC in my gameplay probably because these coins are the only available in the online casino I used to play around. But most of the time I used Bitcoin and I don't know why reason either, perhaps because it is a lot more convenient back in the day. However, I think using Bitcoin in betting is a bad idea, the fact that transaction with regards with Bitcoin is really now expensive hence if I will play again I might use another crypto that has a low fee.
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Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
Well I guess everything is connected, I mean if government lift the ban in their own countries this will cause a mass adoption, big entrepreneurs will get attract on it and it this community will catch more investors then that might be a chance we could see Bitcoin grow and set a new record of an all-time high. |
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Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
For now, there's no digital currency will replace Bitcoin besides, as far as I know, Fiat money is already been in the form of digital currency and seemingly it cannot replace Bitcoin. There are things that new digital currency doesn't have unlike Bitcoin and the rest of cryptocurrencies which are the volatility rate and being decentralized. What people make fond of crypto the volatility which is likely better in investment and trading. However, if they got make it volatile then they will probably have a little chance. |
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Besides using the idea of BUY and SELL which is very common yet one of the simplest fundamentals in this field there is an experience you have to obtain. Experience if the most important thing you need to obtain in order to be an efficient trader. Since you have enough amount of money just like what you have said try to use few of it to practise and gain experience. If you encounter any loss upon your trade don't be down but rather absorb it all, this can be used as a guide or as a learning to improve your trade. One thing, all the info you can find in this forum or everywhere can be used as a guide and tips but don't rely on it too much, have your own strategies and work on your analysis.
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Hey guys, what u think? Will bitcoin go up to the new record or Will go down? Its better to buy now and hold or wait?
I don't think Bitcoin halving would set a new record a new all-time high but I am pretty sure that it will make a something different today, perhaps will be some ups will happen but this is enough to make a profit after a long bear trend we've been through. Besides, I don't think Bitcoin will drop below $6000 so I guess if you are going to buy probably this is the right time then just hold till it grows and enjoy the profit. |
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As the subject goes, what could be the main factor?
Famous developer, Media reputation, MM... or Just technology itself?
So far, it seemed that marketing and market marking were the main factors...
In my opinion, popularity is the most effective to boost the value of altcoin simply because of no matter how efficient and good the technology is if there is no there's no amount of users it will be all nothing just take Bitcoin for an example, there's a lot of alts who has better security and better speed but still, Bitcoin have the leads upon them. Next is media reputation, I know that media reputation is a big factor to increase the popularity of one coin but for some reason, though Bitcoin in some places has negative reputation it still got the top position probably because of the popularity. Basically, what I am implying is that these days popularity is a key factor in order to manipulate indirectly the value of any coin in this crypto space. |
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If i ever go to another country and try to cash out Bitcoin,
what are the ways?
Only two things i can think of...
1. Make certain bank account where i can cash out Bitcoin
2. In person
1st option may not be possible though at certain country...
Any thought?
Well it is possible depending on the country are you going to visit, if Bitcoin and other cryptocurrency is banned in a certain country then it is really impossible but if it accepted then you won't any have a problem our cashing it out. Personally, I am not very fond of having a transaction in another person simply because I am the type of person who is cautious and doesn't want to make a deal in person. |
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Maybe the other way around,.. the collapse of bitcoin will totally eliminate the ponzi.
That's why there are ponzis in crypto space is because they are using the popularity of crypto to run their ponzi scheme, and those people who are eager to earn but has no or limited knowledge in crypto will always be the victims, even if the market will be regulated, they will still exist though I expect the scams will be minimize.
I don't think that the collapse of bitcoin would eliminate the Ponzi, scammers are everywhere as long as there is money involved they will never be gone. And mostly most of the victims are the people who have no enough knowledge with a certain thing that is why as tips for newcomers always remember that never enter in any field without having any knowledge upon it. Talking the effect of the collapse of Ponzi on Bitcoin, let say that they have a little bit significance in the market because I am pretty sure that they are the one who caused a panic selling on the market because if they did not release it in any exchange they might encounter a problem eventually. |
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I've just read the article and seems sending Bitcoin through Bluetooth is possible however, in order to perform this kind of transaction there will be a help of a certain device which is "Bitcoin Box". Bitcoin box is developed by Jan Vornberger which a user can perform an offline transaction through the use of Bluetooth and NFC. But though the use of Bluetooth without help of any device, I guess it is not possible for now. |
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January 2019 we have more bounties at that time but this year January seem to be different, very few bounty projects shows up, I'm not saying scam projects aren't around but this forum seem relieved from many junky projects like that of 2019, maybe scammers are tired of not getting answers in return? Maybe people are now smarter and scammers are starving? I so wish so 🙏 lol what about you?
What I am thinking is investors are now having doubt about lending their funds in some project due to the fact of what they had experienced back in the day. Scammers are not getting tired probably there are just finding some way to steal someone's money that is why we need still to be aware. Besides, we are still in bearish trend and scammers are only attracted in big profits so I don't think they will stay in bounty projects. |
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As the subject goes, can we expect the newly developed Altcoin that can go beyond Bitcoin?
Better in terms of what? If in terms of transaction speed, yes, and we already have faster altcoins. If in terms of fees, yes, and we already have altcoins offering much lower fees. If in terms of anonymity, yes, and we have much more private altcoins. So in terms of scalability, privacy, and other features we have much better altcoins. But the face of crypto is Bitcoin. Bitcoin is the god of crypto. Bitcoin is trusted, used, accepted, owned, coveted, etc more than all the altcoins combined. Exactly, I think there are now a lot of altcoins let say that is more efficient in Bitcoin in terms of speed, transactional speed, security and more but I don't think there is the only thing they can't take away from Bitcoin and I think is the fame. Bitcoin is the most well-known crypto coin in this industry, it gained a lot of attention that is why a lot of business and even countries who already partnered with this coin. Probably, there will be some coin that would be much better in Bitcoin but for now, they can't beat the volume it has. |
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I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
Actually there are a lot of exchanges where you can trade. You could actually browse online what platform would you choose. But in choosing a platform make sure that has a good qualification. Usually, I am trading in multiple platforms and most of them are voted as top best exchanges. I would not recommend trying to use such a new platform because there's a probability that it only after on your funds. |
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It is not hard if you have ever planned of it already. The market is dropping now and you can start buying while the others are thinking if it's the good time to buy now. Don't just think of it as a good time to buy but instead of thinking, just do it. When bitcoin has surged to $9,000 then everyone is thinking of buying at $8,500. Then $8500, $8400 and $8300 came. Just like them, you have to start thinking of what certain price you have to start filling up your bag with bitcoin.
To be honest, I think we are at a decisive point right now. We are close to the upper band of the downwarding channel. If we enter it back again, I would be not surprised to go all the way back down again, which would correlate to a price of $5-6k. Probably the whole crypto world is watching the price movement in the next 48 hours. Fingers crossing for some bounce back up.  I do not look at the charts, but I was also waiting for what would happen after this first correction. The longer the price did not rise, the more I was sure that the price would continue to fall. Unfortunately, but what you wrote is most likely for me at the moment. I am waiting for $ 6k. Well the chart is our guide to see on what would be the next prediction will came but apparently we shouldn't rely on this since it's really better if we do our very own research but for thinking that we can reach to $6000 by now maybe we are dreaming to see that coming since for sure the lowest price we could reach for these days is at $7,500. Indeed. By looking in the market I don't ever think that Bitcoin will drop by $6,000 but rather I think it will only played around $7k -$8k hence, if you are going to buy right now would probably be a good time. Since OP is going for a long term trade then I guess he can but anytime he want because there are some speculation that Bitcoin halving would be a good news. |
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Btcoin has demonstrated to be a store of value and it is definitely a safe haven for any fiat. If there is any bad news like war, what big institution rely on is to convert their capital into Bitcoin which makes it act like a safe haven
But its price volatility makes it a high risk investment. You should know what you are getting into before you convert all your fiat to bitcoin. Though bitcoin stand out among cryptocurrencies, but the stability of its price in the market is one drawback. It is good if the price is in continuous increasing trend but what if when the time comes that you need to encash and the price is not something you expected? So what I am saying is just prepare yourself for all possible scenario because bitcoin is a high volatile investment. And that is also a good factor for Bitcoin. High volatility rate could give a high profit at the same time though it is really risky thus if you can't take of that amount of risk then it is better if you keep out from this. People who already have experience in this field I am pretty sure that think it as a safe haven and so am I. |
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Some people ask me how to become a professional trader, I think there is no specific rules on a professional trader, there is nothing called 100% zero, but it can be well-mastered, in order to read some good books, read the blog and another Good quality trader has to follow. And also the most important thing is to practice which can maketh anyone perfect. Some months ago when I started trading or started learning, I did not understand anything, later I collected a lot of books and started reading them, but I did not get any good results, later I got a new trader and he helped me And I follow the instructions given by him, I think that to be a professional trader, there is a good quality trader. Some of my own ideas and some of the help of some people, I did some trades and were very successful and were successful, they were done through our complete personal analysis. Some sample of my successful trade: https://prnt.sc/m9kbu5Well, learning through reading books or watch some tutorials would be helpful but it will not be enough. Much better if there is someone who will help you out to understand these things and especially practice in order to obtain experience which is the most important thing we must acquire in this field. And it is true that in order to be successful you need the help of other, yeah you can do it by yourself but having someone will help you out will definitely yield you into successful trader. |
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First of all what kind of trading are you unto if you are going for short term trade probably, you should wait more for Bitcoin to drop because there are some speculations expected that Bitcoin will drop before the halving. However, if you are going for long term trade I think it doesn't necessarily when you are going to buy but much better if you will do it right now.
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