In my opinion no because knowledge is expensive and this is clearly seen in our education structure of the world. I believe you guys spent ample time and resources getting to know more about this industry so if you are to offer people such knowledge on a regular basis then i think you have every right to monetize it. There are cases where you get to teach someone a quick thing about crypto and i would not encourage you to monetize that but if it becomes regular like going to school then you need to be paid.
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This dude has never got my attention he is always looking like a pendulum in every decision he makes. He says this today and says the exact opposite. i am sure it's just a shill to cause people to sell whiles he accumulates much into his holdings. I don't know why some crypto projects actually get him on board as an advisor because he has developed a bad reputation in this industry and that is surely going to go against any marketing.
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The price prediction of bitcoin is quite achievable but i doubt the market cap would go way over $1 Trillion. That's too huge but it can definitely happen in the future but probably not this year. About stable coins too sometimes i tend to think they might be the accepted coins for trading since they are less subjected to volatility other than other cryptocurrencies like bitcoin and ethereum.
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At the moment and on a scale of 10 i would rate it as 4/10 because bitcoin is being used by most people as a store of value other than spending it in their daily transactions. Also, there are some factors that are also hindering the fulfillment of Satoshi's vision. Some Governments have made strict rules concerning the use of bitcoin and this is really making global usage of bitcoin very delayed. Let's not give up hope yet!
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The coming of bitcoin halving is pretty obvious right now and just as history holds it we are very likely going to see a rise in the price of bitcoin as it is currently. This might be the last time we are seeing bitcoin this cheap so it's good to accumulate as much as you can waiting for a bull run hopefully.
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Among these altcoins i would go with ETH and BNB because Ethereum just upgraded its network based on a proof of stake protocol making nodes accumulate much of ETH in order to be validators of the network. BNB on the other hand, is also one of the good coins which has a very high utility and also the team burns some from time to time to cut down the supply. I think these two coins are going to see a great increase in price by the end of this year looking at the increased exposure of cryptocurrencies.
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Yeah, we made it! it's been a tough ride hitting such levels again but it feels great to have made some profits when i bought at $7K just recently. I mean everybody thought we were going to hit another low again and some were even speculating this might be the end. I remember Craig Wright making such a statement but now i believe he got it all wrong and no one is investing into BSV if he thinks he can just kill bitcoin and steal it's market cap.
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Well OP surely has a point about the loss of altcoins being a positive motivation towards the increase in value of Bitcoin as well as it's market cap. But let's not forget that some altcoins have very good use cases and bringing real life solutions to the world. Hydro and Link is doing a great job. Maybe, people need to either go for some of these good coins or just invest in Bitcoin. Completely getting rid of all altcoins is not the best solution.
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The estimate is 2140 based on the block reward halving frequency of four years, If bitcoin was still the Cryptocurrency in 2140. However, the miners will not stop mining, they will just stop being paid by the release of bitcoins, instead, they will be paid solely by network transaction fees which are paid by users sending money on the network.
You know this has been a major concern to me. Would mining still be lucrative if block reward is exhausted and miners are only paid from transaction fees? Sometimes i tend to think that the transaction fees would have to be increased so that the miners can still make some substantial amount of profit for all their activities in supporting the bitcoin network.
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The tamper proof blockchain technology will be in place of this corrupt financial system of the world. This is the new body of "control" which would permit peer-to-peer transactions void of any centralized control from banks. The good thing is that this new body of control is transparent and also prevents double spending
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You have chosen some good cryptocurrencies to invest into and yes you are right, decentralized applications are increasing in market cap but i came across a website that compared the performances of most cryptocurrencies for the past 6 months especially throughout the bull run.
The reason why you should invest into the coins you have chosen is because if the decentralized market should keep up with its growth then you can definitely imagine the returns on investment that you will be receiving at the end of the day.
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Yes, take a look at its statistics on coinmarket cap and you will realize that it is one of the potential coins on the market. One thing that might make it more suitable other than bitcoin in making of payments in our daily transactions which is by increasing its limit block size to 8mb which allows more transactions to be completed than Bitcoin.
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Through the use of bitcoin i have access to my funds all the time and i am able to use it anytime i want it. I have been able to use to make some online purchases and i have received my goods safely. bitcoin is easy and safe to use and we can only achieve global adoption if people actually get to use it as a medium of exchange.
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Ahh well, that's quite relieving to hear. I quite remember when the rumours came about the ban of crypto in India so many online friends of mine in India got worried as it would hamper some of their business. I hope this would cheer them up a little. This would also go a long way to promote the establishment of crypto related jobs in India
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so you wanna open an exchange or you wanna accept crypto?
I think what he meant to say was to accept crypto as a payment method and this inspiration actually came forth as he was reading an article about bitcoin exchange. Answering OPs question it would be a great idea and also expose bitcoin to your customers but i hope they are no legal restrictions of bitcoin in your country.
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No, at least not a place so close to the government. I know there are some brokers in my country who help crypto users exchange their cryptocurrencies for Fiat currency. Maybe as the year goes on the government might decide to use Bitcoin as well but I doubt this ever happening because of the way my country sees crypto.
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That's awesome man and the images are also great. If everybody was to be doing this I believe the news about Bitcoin in the world out there will be better than all the rumours of scams that we hear. I also had a family session and I got the opportunity to expose Bitcoin and the whole blockchain technology to them. Some wet impressed others still could not understand but I am sure subsequent meet ups will clarify things.
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That's right, until we are able to increase the speed of Bitcoin network as well as improving it's scalability it can never outweigh the performance of making Fiat payments. Right now Bitcoin is better seen as a store of value more than a currency.
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Prices increases in crypto these days just don't come with shills or empty messages any more. What really drives price is the progress of development, features, products released and how it tends to increase global adoption towards cryptocurrencies. However, with the coming of BTC halving i am sure we are likely going to see a rise in some major altcoins like
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I would not fall for anything that Craig brings up regarding BSV project. he has shown times without number that he is not honest in his dealings and does not even stick with his own plans. I am sure they are creating another hype so that people buy into BSV in the coming days whiles they dump on the market.
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