I think everyone agrees that the government and its policies are a threat to the bitcoin movement. then added with the threat of internet hackers. but here, let me add some other threats to bitcoin based on what I know, including:
first the miners and bitcoin users themselves, the reason is because if there is illegal transaction activity that takes advantage of bitcoin anonymity, it is synonymous with illicit trade.
the second is altcoins, the reason being that many cryptocurrencies have more features. such as litecoin or stellar which is currently dubbed a cryptocurrency that can steal the throne of cryptocurrency from bitcoin.
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I don't mind the accusation, it's just that you need lots of references to the accusation, not just one or two, instead your accusation needs to be strengthened with a variety of credible arguments and information. maybe you can explain in more detail along with authentic evidence. so if I read your thread it's kind of like an assumption. Many reliable sources will be more supportive of you, because if your accusation is not supported by sufficient evidence, the fear is that you will be prosecuted otherwise for project defamation. my advice is more detailed about that information.
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maybe he hasn't had time to check it yet because he's just entered this forum indeed Covid 19 is a topic that is always being raised. I think everyone is aware of the connection between covid 19 and cryptocurrency. although not all of it because of covid 19. there are still many supporting factors which are the reasons for the quite rapid development in the crypto market.
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extraordinary isn't it? not felt since 2009 until now bitcoin has provided many benefits for us all. I actually can't see the price development from year to year. because in my heart I feel sorry why in 2010 I didn't spend my money just to buy bitcoins. Bitcoin has grown very rapidly this year, and will next year the price of bitcoin exceed this year? or vice versa?
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The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin. Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before. It's better to buy the promising coins that have fully working product.
I really hope so about the future of altcoins. because everyone thinks that altcoins have lost their faith in the crypto market. And it is possible that in the following year altcoins will not only be an escape for beginner traders with minimal capital. It seems like it would be great if novice traders were given the opportunity to land a big magic investment in altcoins. as long as they are must be smart in choosing and sorting altcoins that have big pump potential.
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isn't bitcoin currently experiencing a 2.5% correction, and in my opinion this is a good opportunity to pick up the price immediately, because bitcoin is gathering energy to pump back if I'm not mistaken a few minutes ago I saw a correction.
maybe you have a chance. waiting for Bitcoin to fall to the current $ 15,000 rating is less potential.
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In my opinion, the process of sending money with the current bank system requires a fairly long process, besides that there are additional fees charged to customers, and requires manual KYC and additional administration. In the modern era, this traditional banking system cannot compete with the development of blockchain technology where blockchain provides a variety of easy and fast payment methods with lower costs, without restrictions, and guarantees the same security as the system offered by banks. .
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not all banks make such policies, I get information that in the Asian part of the country, almost all banks provide relief on debt repayments, they issue policies for pandemic mass, where debt deposits are given relief during the pandemic. and this at least provides relief for those who have already borrowed money. so during the pandemic they are not required to pay interest on the money borrowed, they simply pay the principal debt without exceeding and adding interest every month.
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Ho exactly do I use uniswap and can it be used with my coinbase account Found a coin I want to get and its listed on uniswap but I can not see it in the drop down menu here https://app.uniswap.org/#/swapHowever it is listed and paired with eth when I go here https://info.uniswap.org/pairsHow do I get the coin do I make an account or just sync a wallet to the account and if so will coinbase wallet do Even me I got confused using Uniswap, I think you need to connect you wallet to uniswap if I am not mistaken dude, Then after that I don't know what's the next one to do for this concept. Because, I used Metamask to connect it into UNI, but I will observe and read here if someone will show some a bit tutorial on this here in the forum. the same thing i did, because i linked it to the metamask wallet. so i haven't tried linking it with coinbase. maybe I will listen to the explanation or tutorial if anyone wants to provide a method. but it doesn't seem too difficult, because in Uniswap there are features that can be selected to connect to the available wallet.
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I doubt that having $10k to invest as a newbie would be a smart move to begin with. If you are newbie, you should start investing with like 500 dollars at most, buy one ethereum for example that is around those prices and that is good enough for you to start. That way you could always invest some more later on.
Assuming a newbie has $10k they want to invest, I would say buying 500 dollar worth of etheruem one day, doing it again a week later, doing it again a week later and doing it like that for 2 months basically would mean 8 ethereum by the end of it and you would spend $4k of that. After that you start doing the same for bitcoin, you buy 500 dollar worth of bitcoin one week, and keep doing that until you run out of money. Buying once a week for 500 bucks is a smart move when you have that kind of money instead of going all in.
I don't think this is a problem, and it's natural for beginners to invest $ 10K in capital. because in my opinion, let him master the flow of price movements first, until he really understands the minimum capital and calculates profits. if you really understand and already know what percentage you are getting from $ 10K. so in my opinion please proceed to a greater level of capital. In trading, it is not about how much capital is issued, but how skillfully it manages capital to make a profit. it's useless if you have large capital but don't understand market movements. will only suffer a big loss.
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Yes, please want to sell bitcoins at any price, as long as he can wait until he is old. High price creeping pattern with long queues as if we were gambling. Suppose we have bought bitcoin for $ 15,000, and want to sell it in a queue for $ 25,000, but we are not sure to hit that price. he was more likely to use instinct than to read market charts. Usually, we really follow our guts. It is true that we are also analyzing the market but despite the indicators the price chart has, we can't actually say that it will happen 100%. We follow what we feel or what our gut says. The question, who moves the price of Bitcoin, the answer is us investors. Whales can manipulate the price but all of us gamblers are the one pushing and pulling it down. You are right, that we often trade on instinct and until recently it was quite effective. yes maybe because I am not good at reading market movement charts. even so we also often seek and ask those who understand better in the field of trading. however, it is difficult to predict the exact price, and the fact is that even scholars in analyzing trades often corroborate their claim, that this prediction is not completely correct and correct. To be sure, whoever drives the market is us and investors, miners, company owners, and many more, even robots and designed to manage the ups and downs of prices. it all depends on demand and sales.
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In my opinion, complaining when a pandemic hits every country is a natural thing, how could it not be, when the economy is stable and suddenly comes down with the pandemic season then all countries experience this disaster. but complaining alone will not change the situation. It is precisely here that we have to think hard and present new innovations on how to survive the pandemic season that has not yet disappeared. and I feel this is the time to get up, do what I can and try not to get your hopes up on government policies in every country. because this might be played by those who are in government positions.
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I find it too much to make bitcoin a substitute for paper money. I'm not at all sure and it's hard to happen. although currently the role of biitcoin is quite large, making it a substitute for paper money will not be realized. bitcoin is still bitcoin, and the role of paper money is paper money. both are mutually beneficial, but that does not mean having to change positions. here we have to be a little bit wise, although we all love bitcoin, to make it the main exchange is not a good thing.
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free. I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017.
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Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?
You can even move the price of bitcoin as well by setting your desired value while buying or selling but it may get influenced only if your trading volume gets enough to manipulate the total trading volume normally the volume needed will be few millions. Yes, please want to sell bitcoins at any price, as long as he can wait until he is old. High price creeping pattern with long queues as if we were gambling. Suppose we have bought bitcoin for $ 15,000, and want to sell it in a queue for $ 25,000, but we are not sure to hit that price. he was more likely to use instinct than to read market charts.
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You could have translated that !!!!! I think we count on the fingers of two maybe three hands the numbers of people speaking Chinese around here. For everyone wondering what's that image: (of course raw translation with a bit of touching up) Provincial (district, city), Inner Mongolia, Internet financial risk special work leading group office:
According to the relevant departments there are some "virtual currency" mining enterprises, which consume a large number of resources at the same time to promote the "virtual currency" hype. According to the National Financial Work Conference, on the prevention and control of risks, in order to reduce the outflow of fund, Internet finance special rectification work leading group related member units, decided that from November 27, 2020, all "virtual currency" mining enterprises in the province should be inspected and shut down immediately, and that the relevant network equipment should be cleared by December 30, in violation of the law. Of course, it's an image with no source with no link where it was taken no confirmed news from etc etc etc.....et cetera Take it with a ton of salt. I'm not completely sure about that information yet. Just as you have said, there has been no further clarification or confirmation from the party who made the statement. Even so, China has received good results from previous mining results. So if it is true that the circular says there will be a mine closure, it will obviously have a big impact on the miners who have already incurred huge costs.
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I think our economy after COVID-19 Is slowly recovering If our Government they gonna do a better plans on how to recover our economy. Look at our economy now many companies are bankrupt many people lose their job and they desperate to have a job I wish after this pandemic our country and economy are slowly recovered
Despite the economic improvements after the pandemic, I think it will be a good start for everyone choosing business in the critical world. because this is driven when the pandemic conditions hit many people move to invest. Even so, after this pandemic, people have lost their jobs and some have even been fired because they are unable to pay workers due to the reduced supply of consumers.
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In my opinion, you are free to buy any crypto, you need to look at the hype level of the crypto you are going to buy. Especially at this time bitcoin has a big influence on the decline in the price of other cryptos. I thought about holding back first, until the crypto state drops. and try to buy cryptos that have good potential support.
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for a while I personally still use it, and now I have learned to read price movements by analyzing the support and resistance indicators. Quite acceptable, although mostly instinct the most important thing depends on which convenience is often used by traders. because all pandanus have different points of view in terms of profit....
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Honestly, this is the first time I heard the name of those strategies since the first strategy that I’ve learned is that, I have to buy low and sell high but the article is indeed helpful.
Beginners have to do their full effort to create their first strategy especially if you are planning to trade, this is a long process and not easy to learn but taking small steps at a time can make you different tomorrow.
yes, you need a trading strategy, not necessarily buying and selling, the skill to read the movement situation also needs to be mastered. same as in the article above, for beginners it is very suitable, and does not rule out that we actually admit that we have not fully mastered trading, especially in the crypto market, which is difficult to predict the ups and downs of prices.
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