People do the same depending on their needs. Some people do have their holdings and allocated enough money to be used as a payment. There are also traders who spend their earnings to buy and pay for their needs while some people are just keeping their Bitcoins from spending. We all have a way of handling our Bitcoins for our own purposes but it's important that we'll keep some for our future profit when the price gets better.
Bitcoiners have different views regarding to this matter, and like what you just said traders use bitcoin as their store assets and a base for their trading businesses, some of them are using bitcoin earnings to pay bills or convert it to fiat for their everyday used. Since bitcoin can be use to pay online or to transact online there's people who are enjoying this benefits. It's a two way side depends from how end users treated it's holdings. |
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Only not so smart people are acting in this way
Or greedy, or poor, or newbies, or people in a difficult situation, people with addictions and many more. We cannot generalize. There's many personality types and traits that describe people. Going in blind and working for a possible scam coin is a bad idea but people are doing it and will keep on doing it. Where there's money there will be people ready to do anything to get it. Reality inside this industry. People are willing to take chances to be part of any new projects that being introduced, taking places to acquire early position by investing or bounty hauntings without further investigations. They are after with quick benefits and fear of losing opportunities, this types of behaviors are the reason why scammers are not having any problems working inside this market. Support are there when you give interesting offers. Both bonuses or high rewards for bounties. |
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2019 market boom of IEOs on the exchanges. So Where should I buy on exchanges?
I prefer to join the Binance launchpad or IEO in Binance, IEO is a trend now because it gives more assurance than ICO's and i think this IEO trend or competition amongst exchangers is healthy to the cryptocurrency ecosystem. After binance successfully introduced this new way of investment other exchange follow it up and make a good and healthy competitions, but like you, I also take chances joining the lottery from binance IEO's since it's been proven that every projects bring decent outcome and benefits for the early investors. But, always remember that opportunities are just around you, better to maximize your chance, if you have time to explore with other exchange and you have good investment money to use. Take some risk and wait for the outcome. |
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It's better to hold Bitcoin and Ethereum and it's true that to determine the goodness of both coins is also good for the future, I still hold these two coins, if today Bitcoin is low at $ 7500 ETH $ 160 I will buy again I am not afraid of the risks.
For long term goals, This two coins will rise back as being number 1 and 2 consecutively the chance of bouncing when value falls is always possible. Don't be afraid if you have a good optimistic view with how the market will turned, buying when dipping is ongoing then hold till it bounce and make a good profits. You can decide whether to take the benefits or continue holding to maximize your chance earnings. |
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These are some of the reasons why people who still does not know anything about crypto, doubts it's use. It's because they don't understand the true system behind, instead their mindset is influenced by these negative news that portrays crypto as scamming scheme. In addition, the network BBC is quite influential to the innocent public. Governments would begin looking and possibly regulating again its use. With how people who don't know much about crypto investment, this kind of news will deliver doubts to proceed or even enter this type of market. It will be dictated that this venue is full of high risk that shouldn't be followed. Also, with government knowledge about such amount it will bring attentions and actions will be taking around as expected. |
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Well that's very possible, as you say, big exchanges like binance do that. I think that's normal. because binance also opens margin, so the BTC that you invest will be borrowed by the margins. and from the profits will be shared with investors. this system is the same as a bank, you save at a bank with a small interest. and capital borrowers will incur large interest. this interest will be divided.
The risk factors that's needed to consider is the volatility of the market, but if you have strong believe that it will go positively that interest will turned to decent value of profits. Checking every possibilities and assume if how things will work after some moths or years of holding, from that point you'll be able to assess if it's worth to the such business or there's other way that you can use your money instead of pursuing to this types of investment. |
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maybe after I thought the popularity of bitcoin won't just disappear even though there are countries that don't allow bitcoin mining or investing with it, and maybe there are still many other investors who want to invest with bitcoin and there are still other countries that want to use bitcoin as digital money to transact with easy and safe especially now because more and more people are interested in bitcoin.
There's still divided opinions regarding to this matter. For some people bitcoin is just a bubble that simply being hypes and created bull runs, while for others it's a future payment currency which gives freedom to it's users and gaining store value. Everything will be depending with how such a person define how he believes and understand about this system and how it will work from his benefits. |
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The topic describes the issue for us. For us to become a decentralized, we should focus more on mass adoption. I know these may provide some mass adoption but with centralized adoption, it is useless and contradiction for bitcoin itself.
The good thing about these new projects is that they educate people regarding to what is crypto, what can it do, how does it work, etc. The bad thing is, they educate those same people in the wrong way. If these projects would be successful, the non-crypto people would only know that these systems are still governed by a centralized system, which is wrong. They should know the foundations of blockchain. A good side of it indeed, People will learn blockchain system and probably adopt but the real intensions for being anonymous already been forgotten, those know projects that being popularized around this market has nothing to do with decentralizations. They wanted to ride with the popularity of cryptocurrency but with the govern system of centralized facilities. It have good effects in anyhow but if we still considering the main goals of being free it will contradict everything. |
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Due to increasing scam projects, investor are loosing their confidence on new projects and due to which projects even which are genuine, are failing. This in turn taking the mindset of investors and market in negative direction.
We need strong regulations to avoid scams and to increase the confidence of investors so that new projects can come and grow. We can say research in crypto is kind of getting affected due to scams
Not even you did your full research but the potential of getting into scam project still possible. We do have lots of sentiments regarding to this concern but still it's exist and being more developed. Scammers are hiding around by showing realistic and attractive offers, You'll soon realized that you are being victimized when the turned around of the project failed. You realize that scammers get into you even you responsibly done with doing good research, regulations which been created to help removing the possibilities of scammed projects to continue to exist around this market is needed it should be fully equipped by government rulings. |
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With more adoptions and the popularities still increasing, This industry will survive and bring more profitable ventures to each investors and believers.
It's tough to accurately predicts what the market will bring us after some months or years but with how things are moving around the potentials is getting higher
to succeed. While you still have questioned in mind best to keep learning by doing your research and deep study about this system.
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Doubt there's anyway we see the prices plummetting to the 5,000 range this year, things are still fairly stable and they haven't crashed or blown up in the recent year.
When it goes down to 6k, it'll hold there and it'll only be some time before bigger investors come into play and take advantage of the lower price.
I think the only way we see this price happening is if a series of whales dump their coins.
Bitcoin will be stable in the range of $ 8000 but may not fall to the price of $ 5,000 because investors still consider the price of $ 7,700 as the lowest point, and I think a series of whales is not possible to throw coins. , seeing the current stable market conditions, but in the end bitcoin news still says that it will grow quickly and some say it is falling badly and only time can determine the price of bitcoin. For now we are holding from that range, but who knows what the market will bring tomorrow and the next day to follow. Some fears that it will fall to $5k level while some are waiting to take that bottom and collect those cheap coins while waiting for the expected halving next year. It will be a tough job to call your position since volatility is very active inside the market. take your position and wait whether it will brings you the benefits that you are aiming or it will go to the other direction and failed your expectations. |
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Technical analysis isn't bullshit. You know, every trading system can be based on analysis. Although you trade with volumes or other patterns, tech analysis is needed and can be a tool to maximize your profit and level up your trading. Speaking about technical analysis I would study it to implement in your trading system. Think about it, mate!
It's adding the full potentials of profits when you are placing your position. Having a good knowledge regarding to technical analysis gives many grounds of finding the right decision inside your trading activities. If you do have proper training and you have a good glimpse with how market will proceed, using technical analysis you can get the full benefits as you will wait and not to rush since you have idea what will the market brings to you. |
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Bitcoin is the future for those who believe of how it can change our lives. Its not just a cryptocurrency that solves different problem because many investors already prove how profitable it is if you invest your money and you'll wait for a certain period.
Though the price is unstable and no assurance how it will perform in the future, I know the time will come we're going to experience again the event that happened 2 years ago.
Whether things were gonna happen same as the past or not, but it has gained more attention globally. This will surely make a change as everything is getting into advancement. It is the future, no doubt in it. People need to learn and understand at the beginning, compared to the early days now we've got more user friendly accessibility. For all who make an investment it gives a bigger future. The global adoptions is the key for achieving what we all wanted to see for the betterment of the future. Not just an investment asset but also to be a good payment process to help the financial system, making things possible that aside from expected high rewards in value, there's also a good chance of seeing this system being alternative for any payment transactions that being held to any business platforms. |
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I don’t think that will happen unless governments all around the world make some policies regarding banning crypto altogether. If that will not happen then I think crypto’s future is safer than you think, but some coins will be dead eventually but the crypto world will keep on breathing.
This can only possible to be accomplish if all the government around the world declares this system as illegal and remove any possibilities that It will be supported in anyhow. But since there's no any anticipations that this kind of act will happen along the way, we still have a higher chance of instead of falling to nothing, it will succeed in the nearest future. Keep being positive and make a good use of each situations that showing around you. |
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Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.
All of the assumptions still possible as the market still unclear, the possibilities of any directions to move will depend with investors supports. This level if being contain and build another strong barrier it could be a good start to bring the pumped back. The market still getting good bounce and the current value still between $190-$200, cheap enough to buy and keep for longer investment plans. |
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if only chasing 1000 $ it means an increase of 20x from now, and there is no sign that BTC will fly.
no matter how good the news that comes out about LTC I think it will be difficult to catch up to 1000 $ if bitcoin is stable in the range of 8000 $.
but if bitcoin can touch $ 16000 this month as predicted I think it might be possible.
Still far from that predicted value and there's no clear market movements that will be able to bring the hype up to this level. Litecoin can be double or triple in the next following months only if bitcoin bull showed strong position. It's tough to predict as holders are no longer waiting for high profits but instead they are dumping when they see enough. Time to think for long term investment, from that point when the market appreciations create more adoptions value will not be an issue. |
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I think it will be difficult if BTC still dominates, maybe ALT starts to show an increase in the past few weeks but that doesn't prove the ALT season will arrive, because BTC is still very high with its dominance, maybe after the next BTC halving, its dominance will decrease but it doesn't guarantee it will happen ALT season.
There will be selected ALTS like xrp,ltc,bch and more of them that will shine through when bitcoin dominates the entire market, but not with shitcoins. I wouldn't expect that ALT season will commence, but I do hope it will in the perfect time. Much better if my altcoin holding will be carried into domino effect of the entire crypto market, once real bullish run happens next year or following years to come. While you are still in the process of finding out which coins that will exceed and follow the bitcoin bull, it's best to do your deep research and look for good reason why the project will prosper. You need to specify which coins will bring good bounced back and strongly moving forward. Many projects will completely failed and die better to make sure that you have the right one inside your portfolio so waiting will be beneficial for you. |
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If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.
The the hodler of those huge bitcoin had a motive for doing that ie hodling it for a reason or purpose of course they know the implication of selling those coins in the market meanwhile I suspected the coins might belong to an exchange which is hodl solely for trading purpose but the bottom line is the value and volume of bitcoin in the market is huge also its market capitalization. Bitcoin holding is always a great investment one person can have, let's focus on long term if we really want to invest and earn a lot of profit, and this year maybe the last year we can accumulate Bitcoin, as we don't know what could be the possible thing to happen in upcoming years, but for sure long term investing in Bitcoin will be worth it. Long term investment will maximize every potential growth that will happen to this industry, if you can hold for long time and wait till bitcoin reached the very highest peak that we can't estimate. Each holders who believes that bitcoin will b worthy in the long run will keeps on buying bitcoin from whatever level it is. knowing that you are capable to earn more money. |
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I agree to that, XRP so far is the fastest altcoins when it comes to processing transactions, it is also a good to buy because it is very stable, good for hodling in the long period of time. Replacing bitcoin with altcoins would be a long term process as well (just kidding, it is impossible) It is the wildest dream that coin developer wanted but sadly it can't become a reality, without bitcoin, blockchain would never be invented and so as altcoins.
Bitcoin being use as the base form of exchange will stay at it's place replacing will be a long discussions to tackles. Even there's alts who offers better updated services but in the mind of investors and believers it's still bitcoin to have a bigger space to bring continuous success. Not a fan of centralized project reason why I don't see any possibilities for XRP to surpassed bitcoin in any ways. |
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Yes indeed Bitcoin is the king and father of all cryptocurrency. Bitcoin is the reason why there are existence of all other cryptocurrencies in the crypto space. Even if the market value of Bitcoin drops, its market cap and volume will also be superior among all the remaining crypto coins.
The reason remains as bitcoin is the first one who's been recognized by the community and whatever coins is just trying to achieved the same achievements that bitcoin ever have. Being the first crypto inside the space gathered the interest of most people to invest their money. By holding this coin the chance to earned is much possible than trying some luck with alts which don't have any clear directions. Bitcoin will be there and continue to stay on top. |
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