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I do prefer ETH and BTC, but if i have to select one from two, i would vote for ETH because we have seen many development running Ethereum based applications like ERC 20 based crypto tokens. I think ETH will change the world financial terms with ERC 20 tokens.
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Altcoins for holding is only works if you live in country where crypto trading is legal, holding Altcoins will lead to give you huge profit in future because value may rise in future. There are many projects running which is having proper plan for future development.
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Now a days, Blockchain has improved. We have smart contracts and Programming software which create blockchain within 10 minutes. Technology has changed drastically. People can't think about hacking a bloch chain because it is impossible to hack.
Because Block chain mean chain of block which is connected with different computers. For example there is one Transaction has taken place from A to B.
So there is block created within in computers using algorithm, if somebody want to change the block chain SHA256 then he/she needs to have 5-6 super computer because he/she needs to hack all number of block on a single time which is not possible in now a days.
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Actually in crypto world, we can't predict price of any coin for future. but we can't even ignore potential of some coins like ETH, BCH, LTC and DASH .
I would suggest you to invest in ETH because it is open source application which can use for creating smart contract and running own ICO . It is having high probability that big company can come with their ICO which will be ERC 20 support. It will effect of the demand of ETH and will lead to high price.
So investment in ETH can give you high return in future.
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As of now i have been using Binance, Bittrex, Kucoin and livecoin. But to be honest i like binance more. Because of security features and it is the oldest exchanges in crypto world. kucoin had released last year . And we have seen on binance only good coin has been listed. Binance has 24*7 support for their users.
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No, Bitcoin won't be die, it maybe unstable for sometimes. As we have seen that if one country banned bitcoin than other country would take advantage over it. Like Indian Exchanges have released that if India do it than they will move to other country. For example -- Zebpay CEO said that" Their company will move to Singapore as registered Entity and also one more exchange will move to Australia.
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Let's Talk about Bad effects -----
1. Robots can increase the unemployment rate in the world.
2. Robots have no sense of emotions and feelings, They lack empathy.
3. As we all know robots are programmed to do certain task for example - if anything goes wrong then it will difficult to handle.
4. They will increase depreciation cost and require huge amount in initial investment.
Now talk about Good Effects -----
1. It can increase the productivity and efficiency to do the job.
2. work in any kind of weather conditions is easy for them whether it is too hot or too cold.
Guyz you can add some points if you want.
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#Join-#Proof of authentication
Bitcointalk username: Jatin729
Telegram username: @jatin729
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Actually ETH is very new coin as compared to BTC. and we have seen that BTC has dominance over most of altcoins . ETH is also one of this.
recently there was huge crash in market we had seen that how crypto market crashes .
We people can pump easily ETH if we have atleast 1% of total ETH supply , because Pump mean when demand is more and supply is less.
it means coin will go up in this case. for example
if i have 1000 BTC and i will buy 1000 BTC worth ETH for holding it means there will be pump in the price of ETH.
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We have paid tax for legal things, because in rules we have read that on capital gains whether it is from crypto currency or stockmarket we have to pay tax otherwise it will be consider as a black money which is circulating inside the economy.
people want to pay tax because they indirectly want govt, to legalize the crypto currency as legal tender so that they can use it for exchange goods and services.
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Bitcoin is crypto currency which is totally decentralize in nature that means it is not strongest currency but it is one the secure asset in the world.
We can only when say bitcoin strong when it has impact on world economy but right now it does not have such impact on economy only few countries legalize it for exchange for goods but rest of world is still thinking about it.
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Crash in market is happening because we are using crypto asset for just trading purpose not for other application. In decentralize only we people can control the prices of any asset because only two factors are considering demand and supply of asset. Now a days we can see that when any bad news come then people start selling bitcoin. this cause crash in price.
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No because paypal is a regulated platform where people can store their money in digital form. And we have seen most of online shopping websites accept paypal account. but no one till now accept bitcoin as a payment option. I don't think so. People treat bitcoin more as an investment. Bitcoin should first become stable to have a chance of overcoming paypal
I totally agree with you point that people are using bitcoin as an investment option to earn profit from it.bitcoin decentralize in nature so it can't overcome PayPal. |
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Now a days we have seen world is thinking about implementation of blockchain technology. Because it is one the secure technology in the world and it very much difficult to hack. Now lets talk about opportunities :-
Being a student we have to take Blockchain as an opportunity because it is in initial stage and development is running on it. For clearling opportunity concept i want to go to past when internet was invented, It was used in universities on single server and only those universities students could be accessed internet and then people came up with an idea Web2.0 and we would able to used host server for access websites from anywhere for example - I could easily browse internet website from far away place
NOTE - You know when internet invented it was decentralized
Now Block chain opportunities -
You know there are only few people who knows about blockchain technology and how it is technically work and how blocks are created.
Crypto currency is only one of the application that was gone viral in 2009.
blockchain can be used for maintaining the record on any person or any entity.
Guyz Share your thinking and idea so we can explore more about blockchain
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Asian countries actually see the potential of blockchain technology in their financial terms. As recently japan made an announcement that people can use crypto for exchanging the goods and service inside the country. Similarly Korea already regulate crypto currency. Now trend is going in whole Asia lets see what will happen .
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Why we people are very price sensitive, You know the reason why the price drop of bitcoins now a days because we people are using bitcoin for pump and dump or we can say for us bitcoin is just a trading asset, when any bad news come then we start sell bitcoins. like recently Google and Facebook banned ads for crypto. So if they did that then what happened nothing we have so many opportunity to promote.
Just be positive, Bitcoin is not in danger. price slashes just because of some bad news. it will again come up very soon.
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Social media promotion is playing critical role in promotion of any activities whether it is in crypto world or any other.
If we see bounty campaign they all are added social media platform for promotion like Facebook, Twitter etc
Even bitcointalk is also a social media networking sites where we are promoting different project by wearing signature according to rank. so we can day that we need social media promotion for any project.
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Almost every single person want to invest in bitcoins or ETH whichever is popular coin,
according to me they can go for alternative option for investing in something like ICOs, Alt coins, now a days we have many options for investing.
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