Though the market has turned bullish compared to the past days, this month has given each and every one associated with cryptocurrency the hope of recovery at the earliest. Tokens too have raised a little than the past days. With this into consideration, it is good to hold and get the best out of the portfolio. Hold until the value reaches the one that you've desired.
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The month of August by this year has got marked to be the worst for bitcoin as well altcoins. Going through the chart found that majority of the altcoins have experienced the lowest price by month. This is completely unexpected and further on September has been showing good signs of a green indication on the market which needs to continue making the network stronger.
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It is impossible to levy tax over the capital gains, very few countries have come with perfect plans for taxation. It's a big process to regulate and find a methodology to tax people according to the trade related transactions. Hope to see more and more initiation from governments operating all around as the spreading of cryptocurrency keeps increasing.
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The existence of cryptocurrencies will never pave path for the crash of fiat currency. The circulation of cryptocurrencies in comparison to the fiat currencies were very low. To reach the circulation of the fiat currency it needs to grow much higher in value. As the acceptance of cryptocurrency keeps growing there will be a hard competence but it won't cause any crash over the other.
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As the price of bitcoin is high, it is possible to get a good sum of ethereum in exchange for bitcoin. Importantly ethereum is marked to grow high by the ongoing year, but right now everything has been taking place in the opposite manner. Hope to see growth at the earliest as we're getting close to the last few months of the year.
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Some could have experienced it with altcoins profiting higher than that of the bitcoin. Right now the altcoins were found low in value in comparison to the bitcoin growth. Months back altcoins and bitcoin were experiencing a mutual growth which at present has caused a increased dominance of bitcoin with more altcoins being getting converted to bitcoin.
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Btctalk name : n0ne Rank : Hero Member Current post count : 3232 BTC address(No BCH) : 1MNsqCFQMGEZLVTeEQdCKFGA7HeF9zN5Tx Wear appropriate signature : Yes Wear avatar : Yes
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Many users here could've experienced similar loss, because what we came through has lead to invest big unlike the price, to which the market started to react in the opposite manner. தற் price fall is never expected, and people around has begun to experience a large scale loss which can be overcome only by holding.
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The dependence over fiat will come to an end only when the direct usage of bitcoin as well other cryptocurrencies keeps increasing with the mass adoption as well with the increased acceptance of bitcoin all around same as that of traditional fiat. As of now it needs time to achieve the same, so dependence over fiat will continue.
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Different users have got difference of opinion about bitcoin and other cryptocurrencies. As the price of bitcoin is quite high compared to that of ethereum it is good to consider it an opportunity to make trade with the btc/Eth pairs. This will let you get a good earning rather than just converting ethereum to bitcoin.
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Death of bitcoin has taken place several times in the past. Further people got adopted to it understanding the underlying technology. Now this has turned towards ethereum, possibly soon people will realise that the growth of ethereum will experience fluctuations and will recover similar to bitcoin. With cryptocurrency most has an understanding if a crash is experienced it is towards death which is not the truth.
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That's a big blow in the growth of ethereum. None is able to pinpoint which is the reason behind the price fall, because this is the time for growth. People has been expecting the growth to take place by now, but to the expectations and speculation around the network there is a major fall in price. A bigger recovery could take the entire capital market regain the loss that has taken place through the year.
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Mining with the laptop or other devices is completely a failure. What you run will make your laptop encounter problems. Recently some form of browser based mining came into existence, but none have been that effective and provide with good return.
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Users who made an investment in the recent days when the price of each and every cryptocurrency fell low could now sell and buy back once again when the price increases. While at the same time it is good to keep hold of the assets if it is bought when the price was at the peak value.
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At the current moment the market of ethereum has priced it to be less than $275 which is not good. In the past people never thought about ethereum, as it won't be causing such level of fluctuation. Once after reaching the ath people started to have a big expectation over ethereum same as that over bitcoin. This made ethereum progress good and now it is found stumbled. Hope it retains the market value at the shortest possible.
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That's a misconception, bitcoin along with ethereum seems to be the future of cryptocurrency. Without competence there won't be growth. I find ethereum to be a hard competitor to the bitcoin which is the best till date in terms of growth and adoption which isn't that easy to be attained by any of the other altcoins available in the market.
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The recent crash in the market of ico is purely upon the dependence on ethereum. Whenever there is a price pumping upon ethereum majority of the ICO value gets pumped. This is all because of the increased number of ico's being developed over the ethereum smart contract platform which serves to be the better one for decentralized development over various other platforms.
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Rather than waiting for a market pumping it is always good to make use of current market in whatever way possible. People who have good volume of assets in the portfolio could prefer holding rather than just selling out of fear. This can be overcome when an user begins to make use of the small fluctuations.
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Each and every cryptocurrency user could've faced a heavy blow on their portfolio with the recent price fall. If it has led towards quitting then it is not the right choice and I feel that the particular person is not suitable for Cryptocurrency network. Cryptocurrency is all about risk and it is our responsibility to overcome the market fluctuations which is a common thing.
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Bitcoin has been declared dead at least 7-8 times; each time it recovered to make new all time highs. There is higher adoption, greater brand value and better blockchain technology than ever before now. The crypto revolution has just begun...
Agreed, whenever there is massive price growth with bitcoin automatically something strikes the users who have invested into bitcoin. It is the fear of losing their investment, but in reality users need to have patience and better understanding with which they can withstand rather than fearing cryptocurrency is dead.
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