God, you must have some massive balls holding at a price like this -- but hats off to you for doing it, you've probably made a good amount of money with these two coins. But if I had to make a recommendation, I would say to go with Bitcoin -- I'm not too keen of altcoins and I don't think they're going to be the thing that makes out in the end.
While they may have some good growth, LTC actually has no real life usage at all -- barely any name recognition out of the cryptocurrency marketplace and it's just not worth it. Bitcoin is where the hype is.
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Short term? With the current price increases in both Bitcoin and the altcoins that go along with it, some people are able to make insane amounts of money (and lose insane amounts of money) due to the daily volatility of Bitocoin.
Long term? That depends on where Bitcoin goes and what ends up happening to it. If it is to go mainstream, it would cripple to the banking industry and many would end up losing their jobs if Bitcoin was to takeover. If Bitcoin doesn't go mainstream and everything stays where it is now? Then nothing happens, everything stays the way it is now.
That's that.
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All of the new ICO's have an end game of ripping people off, this is the age of Bitcoin and other altcoins being worth so much that it's so enticing for people to come into here and be a 'developer' making a shitcoin and then having someone make a beautiful website, beautiful payment system, and so on and so forth. Then they promise some shit that'll never actually happen, put their coin on an exchange and sell out.
It's textbook, and I would think the two ICO's you put forward are going to be the same way.
Though if you want, just lookup the two ICO's that you have and then put 'scam' next to them in google -- tons of results usually pop up.
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How do you think bitcoin will affect the world economy by 2028?
I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development. That's the thing, if they can prevent the development and then further the growth this will be the part that actually kills Bitcoin. As without people actively being apart of Bitcoin, there's going to be no one to actually accept bitcoin, trade it, do services for it, mine it, etc. The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments. So, it won't make it.
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Fiat seems like the best option for anything illegal, it is strange to me how the media continues to claim bitcoin transactions are anonymous or untraceable when the open ledger design of its system suggests the opposite. It baffles me as well. it seems, like this is the agenda to portray the cryptocurrencies in the most shady way possible. I mean when you think about it, it's a pretty smart way to try to delegitimize Bitcoin -- because if they can paint it as this crazy online currency that only does drug, gun, etc transcations then the public would be fine with banning it -- as they would simply think that it is a parasite to the world leeching off of drug users and hiding. Cash is what people use to buy this stuff, it's easy enough and you have ZERO chance of getting caught just by using it (minus the in person risk) So yeah, this is what governments do -- expected.
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I don't know if Bitcoin is going to have a place in our future, I just don't think I can see governments allowing Bitcoin to thrive by not allowing regulation that would hamper the growth of Bitcoin. It's unlike Government, and they'd be going against the ways that they've put themselves in for hundreds of years. A strong federal government doesn't want to give up power, nor does any sort of government.
Bitcoin is a big fuck you to the establishment and it relies on us, rather then some greed crooks. I think gov will try to kill it, and I think they may.
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Of course, it's going to be based on the dollar (USD). Just because the Bitcoin price is going up this doesn't mean that people are going to instantly want to change to Bitcoin denominations in their everyday life. You'd have to work something out with the person that you're getting a service from on the amount of Bitcoin that you're giving to them, as the volatility of Bitcoin could have price differences in SECONDs of trading -- let along when a confirmation is made 5-10 mins later.
USD.
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This could also be talking about the number of different coins there are (which would be the lower number) and then the number of tokens which there are (tokens out of different coins, probably are a ton of coins which are under ETH which still have a shit-ton of market cap as well)
So yeah, that may be what you're talking about or ^^^^^
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BUt why are you using coinbase? there are others exchanges that are cheaper than this to buy Bitcoin and other crypto for FIAT (Kraken, TheRockTrading, Bitstamp for examples)..
Probably because Coinbase is the easiest to use for him. The 'After Waiver' portion that you're asking about is something that is at Coinbases discretion based on what you pick, so if you did pick your bank account they should have went ahead and gave you the cheaper rate (as that is the rate that they agreed to do) Though if you do go ahead and ask them what's going on, they're going to take some time to respond due to the number of people that are trying to get in touch with them now.
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Not a fee from Coinbase themselves, but of course there is going to be a fee from the miners, otherwise known as a transaction (tx) fee. If you'd like to know the current fee, you can visit here -- https://bitcoinfees.earn.com/ they'll estimate the fees for you right now. Though if you're going to be using this for trading, I'd recommend buying ETH with that and then using the ETH to send to one of the exchanges -- convert the ETH to whatever coin you want and then you avoid the insanely high bitcoin fees which are present right now. Goodluck!
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I personally have less then one percent in Crypto, and in my mind this should be what everyone is going on here. You shouldn't be tossing all of your money (networth) around in something like Crypto, that'd be like putting your house for sale, selling it and then putting all of the money into a penny stock -- it's risky and something that you shouldn't be risking for your loved ones, as they rely on this money.
Set a little aside and even think of this money as being lost. So if you do lose it, it won't sting.
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The best and only strategey is to work hard and to invest your money, anything else is just a bunch of garbage from people that are trying to steal from you. There is no book to make a ton of money in one night, there is no magic method, you're going to have to do something that makes money and then use it -- invest and that's that.
Work hard, that's it.
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Some people simply make their predictions without any specific reason. Cannot always trust the words of crypto experts which is why I feel that our own research and predictions are what matter at the end of the day. John Mcafee has been making some pretty optimistic predictions about bitcoin in recent times and I do agree with him in some ways. I do feel that bitcoin has the potential to touch 100k in the next 2 years, but 500k is way too optimistic.
Here's the thing, there is no such thing as a 'bitcoin expert' these people barely know anything about Bitcoin itself, the currency. They may know a tad bit about buying and selling Bitcoin, if they've made the money themselves or if they have just been studying it -- this doesn't make them an expert in the least. These people are making these claims to make the market more bullish then it is and to make themselves more money. It's all bullshit though.
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All of them are sadly real, and they aren't owned by a company. All of these current altcoins are made by different developers and teams. The burst in the amount of coins came from when people noticed the amount of money that people would pour into new 'ideas' that would 'revoulitnoze' the cryptocurrency market.
I put those two things in quotes because these things did nothing for crypto, usage wise. All they did was get more money into the trading aspect of crypto, so that's that.
ICO's may be fake when it comes to stealing money, get data on coingecko and coinmarketcap though.
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It matters how far crypto is allowed to reign in a country to see what it would do to that country. If Cryptocurrencies are regulated, of course it's not going to be allowed to disturb anything that's going on. But if it is given free will, then Bitcoin and the other cryptos will SLOWLY (most likely) take over a countries finances as people switch to it as they'd have no reason to.
This government would probably lose economic control of their country, as they can't issue currency, raise interest rates -- etc.
It would totally disturb a country's economy.
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Within 25 blocks is going to be a pretty low fee, as that is going to take some time to actually go through. But back on topic here, viabtc is a safe site -- they're not going to do anything to hurt you nor hurt your machine. They're just trying to help by pushing your TX through their own miners as a curtosity to people.
Plus it does get them more people on their site and probably more customers for whatever they do.
Just wait, site could be having problems as of now.
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the important thing to remember in an investment is to learn how to find the balance between selling/buying/holding. because you need to do all of these to be successful.
when price goes up, it will come down. you can see that all over the charts and it takes a while before it stops and reverses. one of the ways to increase your investment is to sell before the dip and buy back in it.
and before is not that hard to recognize. just look at how much price has dropped from the top. if it is bigger than 15% it is already late.
This right here, people seem to forgot facts like this. Bitcoin can't keep going up forever, and you won't continue to be making money if you just keep buying. People must also now that even though that they may have missed out in making money at this price by selling early, they must remember the money that they made by selling at the time they did. Sadly you will always miss out on things in life, it's not worth sulking while you can be researching the next HIT. I missed out on a lot too, sulked for sometime and found out how useless it is to do that.
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God this is the BILLION dollar question right here that no one is able to answer, it's one of those things that I wish I would be able to answer CORRECTLY -- but sadly I don't have that sort of intel on the market.
Do I think it will go up higher? Yes, temporarily though.
This must all come crashing down at some point, I just don't know when.
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Not surprised, the people that have huge bets and huge money in the banking industry and the government are the people that want to see Bitcoin fail. And the only way to make Bitcoin fail (in their mind) is to try to delegitimize it in the news, they will soon find out that we really don't care about what they say and what they think and we will just do our own thing.
This shows what fake news is at it's finest.
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Pretty crazy to think that 2017 is coming to an abrupt end now, but it would've been nice for the infographic to show a couple more things. Maybe some unconfirmed transcation amounts from start to finish, TX fee changes. I just think we didn't hit enough when it comes to something like this, seems a tad bit too basic.
Bitcoin difficulity increasing, Gov regulation, etc would be cool to see.
But thanks for sharing, it's all still good!
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