A recent report from the Bloomberg said that a group of 1000 investors used to have 40% of all the bitcoins. It makes the market much volatile. If a few of these investors are playing in a concert then they are the ones who are controlling the market.
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I'm not sure about 100x profits, but I choose 50% - bitcoin, 25% - stratis, 25% qchain token XQC. And I belive it's a pretty safe strategy. But from my bag X100 profit can give only XQC))
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I belive Eth is going to hit $5,000 before the end of summer. Now a lot of people use it because it's fast, widespread. If the popularity of this coin grows, then the price will be higher.
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Main problem of Bitcoin that a group of 1000 investors used to have 40% of all the bitcoins. It makes the market much volatile. If a few of these investors are playing in a concert then they are the ones who are controlling the market. In a 100 years I hope there will be Bitcoin 2.0 with more fair distribution
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I tell you that I know a lot of people who advice me just hold BTC and said that if they just hold BTC(not buying any alts) they have much more money. And I know not many people who become rich just because of trading or buying alts.
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I hope when my children will be adult enough for knowledge about money - there will be no fiat money, but only bitcoin)) And as for me - teach children at age 10 years seems to be too early.
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Mining is still profitable but only if you have a massive farm currently. In general you will make far more money buying the currency itself than investing into mining farms or mining hardware.
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Just keep holding. If you did buy in the last few months, the very worst thing you can do now is sell in panic and lose your principal. You shouldn't have more money in crypto than you can afford to lose, so it shouldn't be a problem to wait a few months.
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By this way any investing in businesses are greedy--which is not the case. Wanting to live without worrying financially is not greed.
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Personally I wouldn't spend all your btc on only one altcoin/project, but divide it over 3, 4 projects. I would keep my BTC and if possible invest new cash in ICO you believe in.
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its always a volatile time but right now is even more than before. ripple has potential to keep growing, but for me - it's very risky coin and bitcoin has best long term potential.
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It has been stated that in order for xrp to be traded in mass quantities the price needs to be higher. The higher the price the more liquidity the smoother the market will become.
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I like the way team doing tech updates behind this since the ico, and right now there's very small price for this coin. Which is a shame, because i like what i'm seeing.
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I can't see it disappearing, as there are Vending machines and exchanges that ease conversion from Fiat. IF it didn't, I think it would have recently gone pop forever. That said, I don't see it being the day to day coin after a couple of years.
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I don't think Proof of Stake will work with something that's main purpose is to function as a currency or payment network. If you are talking about some other type of network simply trying to protect against DoS it could work very well and efficiently, but not for BTC blockchain.
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Technically TumbleBit can work like, it makes a round in every hour. These transactions are leaving specific clues on the blockchain, so someone might can identify which addresses are participating in a round, but no way to tell which addresses sent to which one.
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Because it is significant to understand the limitations and threats of a crypto system. In a couple of years down the road, QCs will be able to break current bitcoin's crypto
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As McAfee said - If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose.
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Bitcoin can and will do anything that altcoins can do, but better, using sidechains/layer2. And Bitcoin does it on the blockchain layer that is the most proven, secure, trusted, and decentralized
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The reality is: every payment on a blockchain network is a settlement, and the cheaper these transactions, the more widespread uses the platform will find...
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