yeah, it will happen eventually. it may not look like it now because bitcoin is still pretty young and the market is still very small but if you look at the history and compare today with a couple of years ago you can clearly see this growth taking place.
additionally part of the huge volatility is because of the exchanges and the way they are. they are not trustworthy for people to leave open orders there so the order books are thin and that makes the volatility increase.
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But first, I should warn all of you that a correction will happen before it takes $10,000 and up.
i think we will see $10k be broken then we see a correction. and we will find out which of these two speculations will come true in the following 24 to 48 hours probably! In that correction, we will finally see our good old friend Kwukduck again. He will shout, scream and FUD on the top of his lungs.
nah he is already doing all that but with another account. the number of people who figured his dumb tactics out has been growing too big...
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I like how people change their view on the market on a daily basis. Not that long ago according to people we were going to see $4000-$5000 levels, then after the increase to +$8000 they were aiming at $15,000 and now suddenly the $10,000 level seems to be more difficult than what they expected. That's what allows market movers to play with people here, and keep doing the exact opposite of what they believe is going to happen. I love it. most people specially around these parts are doing this because it is somewhat their wishes. they usually have some plans or maybe even some orders set up at those price levels wishing to fill them if possible so they are always spreading their wishes to others in form of a speculation.
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to know for sure whether bitcoin is banned in a country you can always check the volume that is coming from that country. for example one of the ways is to check the exchanges in that country or simply go to localbitcoins and see how much volume is coming from the said country.
in case of India there is still a large volume coming from Indian which shows people are still freely investing in bitcoin.
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it depends on the currencies you are trying to exchange! if one is fiat then you are in a lot of trouble because usually methods involving fiat will have charge back and are subjected to lack of anonymity, then also different fiats may be harder for example USD is easier to find compared to CNY for example! but if the currencies are cryptocurrencies as in exchanging altcoin with altcoin or altcoin with bitcoin then your options are a lot more and much safer. as the other member pointed out there are decentralized exchanges, there is also ShapeShift which is quite easy to use to simply and fast swap two cryptos.
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who are those who were defending Roger Ver yesterday saying his site and twitter,... are not lying and it is clear that they call it bitcoin "cash"! here is proof that he is in fact being deceitful and he has not accepted his defeat yet and is continuing to mislead people...
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it is simply because there is absolutely no usage for any of them. from bitcoin cash to bitcoin holiday (or was it new year!) they are all useless junk which were created so that a bunch of people could fill their pockets with more money. something like that is not exactly going to thrive...
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wise step for bitfinex. safe home for unregistered money in the world.
maybe a wise plan for bitfinex but also a terrible thing for the users! the more these exchanges run away from regulations and try to stay hidden, unregulated, shady, and anonymous with their bank accounts secret, the more we will see scams and alleged hacks happening. so next time Bitfinex told us they were hacked we should kiss our money goodbye.
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If that happens it will be long waited moment for altcoiners.
unlike you, i don't think this is something with that much demand. as the fiat volumes of altcoins so far suggests people are more willing to trade with their bitcoins instead of fiat and there are a lot of benefits to that which is why they chose it. in any case i am somewhat excited about this because we have been speculating about having more fiat markets for altcoins and the effects of that, maybe we can once and for all see if our speculations were correct or not.
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news such as the one about George Soros and things like that will always contribute to the popularity of bitcoin and as a result to its price rises. but they do always exist! even during the drops. they are never the cause, they are more like the help. it is something like how FUD works but in an opposite way. FUD never drops the price, it only makes the drop bigger.
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this is a very delicate matter in my opinion and it can go both ways. if there are restrictive regulations and unreasonable taxes then they will slow down any kind of cryptocurrency advances that Europe can have in the future and they may even stop it for a while! but if there are logical regulations such as regulating exchanges and stopping all the scams and shady people from scamming then things can become even better. what is some taxes if we can get a secured market where no exchange dares scam us or manipulate the market?
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Ministry of Finance has the final authority for money and financial matters. Have a look at USA China trade war where Donald Trump has put $150 billion tariffs on Chinese imports.
Looks like China is the next to ban Bitcoin
China has banned & unbanned bitcoin about 10 times China never banned bitcoin! that's the interesting part the news or maybe i should call it FUD, repeatedly said they have banned and i can date this back to 2013 even but in none of the reports they actually banned it. first one was prohibiting banks from investing in bitcoin, the rest was something in lines of exchanges should be regulated and then closed shady exchanges but never banned bitcoin!
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Why in the world would anyone want bitcoin nowadays? It's slow, expensive and outdated.
who is "we"? you are only one person and this is a free market. you can choose litecoin or any other altcoin if you wish. nobody will ever stop you. In the cryptocurrency world, a massive transaction was completed last week. One user transferred $99 million worth of Litecoin to another wallet owner. In most cases, one would expect such a transaction to be subject to massive fees. That is not the case, as it is one of the cheapest transaction to ever take place in the world of finance.
recently the user known as Loaded moved $620 million worth of bitcoin with the lowest fee imaginable to a SegWit address. At a fee of just $0.40, sending millions around the world becomes a trivial matter. More importantly, this low fee does not delay the transaction. It took around 2.5 minutes to settle the transaction with no central parties or banks involved in the process.
yes but also it takes double the time for the transaction of that size to become safe enough (has enough confirmation that lowers the risk of double spend, orphans,...) when using litecoin. The origin and nature of this Litecoin transaction remain unclear. It is also unknown which parties are involved in this massive transaction. It does show cryptocurrencies are a superior way of transferring large amounts of money around the world at virtually no cost. For anyone conducting remittances on a regular basis, cryptocurrency is the only option worth considering.
one thing about your whole comment is that none of the things you said has anything to do with your title saying "bitcoin versus litecoin"!!!
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If the resistance is 9k. I think the end of the month Bitcoin will touch $ 10k. The market has a very good growth rate. continue holding
granted there is only 1 week left to the end of the month, you can be correct because so far the rise has been pretty positive and strong. there is no more new FUD and the bears seem to have accepted that their time is over now with the current rising trend at hand.
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nah, that doesn't seem to be the reason for it. if anything it is rising because the popularity of bitcoin is rising and people want to own more and more of it any way they can. most of them start buying it directly, some choose mining, and some others will choose "getting paid to" methods to earn more bitcoin instead of buying it. and by extension this may also happen to altcoins as well but not as much since they are not viewed as currencies but only as speculative assets.
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everything looks bullish for bitcoin now and it is officially outside of the bear zone when it crossed the $8000 and the current price is killing any kind of doubt that anyone may have about this not being bullish.
but the total market cap is not one of those signs. in fact when i see the total market cap is rising it scares me because i completely remember last time altcoins got pumped this hard. they pulled bitcoin down with them as they continued getting dumped...
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yes america has u.s dollar yes core has bitcoin segwit aka bitcoin core
yes australia has AU dollar yes ABC/unlimited has bitcoin cash aka bitcoinabc
but no one owns the trademark dollar but no one owns the trademark bitcoin
by even thinking that core deserve the trademark bitcoin destroys the whole concept of decentralisation by even thinking that australia cannot have the dollar and only america can use the dollar destroys the concept of australian independance
take off the core defence hat and take a big long hard out of the box look at the debate on the global scale
again i disagree with this and the fork comment below. bitcoin in 2009 was bitcoin. 1 US dollar bill was 1 US dollar bill in 1862 bitcoin in 2018 is still bitcoin 1 US dollar bill is 1 US dollar bill in 2018 you can't call the 2018 version of USD something else (like Trump Dollar) just because they changed the technique of printing it, the paper, paint,... used in it. bitcoin of 2018 which you are calling "bitcoin core" is the same thing with new additions.
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ok guys.. think of it this way
america - we have the dollar australia - we have the dollar america - no we have the dollar australia - no we have the dollar
.... reality.. both of you shut up you both have the dollar. no one can decide who should own the trademark of "dollar" because no one should. even zimbabwee should be able to have the dollar.
WRONG. reality: America has US dollar (USD) Australia has Australian dollar (A$ or AUD) and 1 AUD is worth 0.77 USD .... if someone gives you this: Linkand tells you it is 5 USD then they are committing fraud. and that is exactly what's happening here. they are advertising something else and giving newbies BCH and telling them it is BTC. There are more than one independent development team working to make Bitcoin Cash (BCH) better.
keep telling yourself that. the world saw what happened with EDA fork
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i am definitely not a fan of coin base as even though my country has no laws against bitcoins they allow you to open an account but they don't allow you to buy bitcoins from them , this seems very silly and your not even informed until you go through the process of opening the account and then trying to buy that you are told of this.
they do tell you, but you probably missed it or forgot to do a quick search. with a quick google search the result is here: https://www.coinbase.com/global?locale=en you can also see all the payment methods that they support from each country beforehand.
on topic: need i remind everyone about how they caught owner of KickAssTorrents
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i support this movement. BitcoinCash is starting to become a plague again and we need to stop it. unfortunately bitcoin is not centralized like BCH so there is nobody there to fight our battles for us but us. so we need to take action ourselves. Wait what? How did Roger gain access to the @Bitcoin twitter handle? Wasn't this twitter handle owned by a random person days/weeks ago?
we have no proof so maybe it is best not to accuse anyone. the important thing is that this twitter account is spreading lies and is misleading people into making wrong investments. it is something like identity theft!
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