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There are trading bots that can take over whenever you go to work. But I suggest before you use them, try to grasp how the market works first-- get you feet wet. It is necessary so that you can spot whenever it is already making some kind of mistake because it's just a bot after all.
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The price, namely it's capacity of being a store of value. People know realise that it might be too late to accumulate gold right now so the next big thing--the new gold being bitcoin--they now flock to it hoping it would make them rich easily.
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What makes an altcoin valuable?
It's value depends on its practical use. That is to say, it will be just as good as the business model. If it was intended to be used as a utility token for example, but it turns out that the same service can be used without the need for it. That is tantamount to it being worthless. |
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It is controversial, yes but what bitcoin needs right now is publicity, so it doesn't matter if it is bad because at this point any fame is good fame. People must know first of its existence as it is the first step for mass adoption after that It will just depend to the people if they will seek the truth regarding bitcoin.
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Indeed, majority of ICOs are crap--sometimes just a random idea shoved into the blockchain. But I have to admit, they are partially the reason why the value of ethereum is where it is right now. With the sudden boom of crowdfundings, ethereum will also go with it.
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If the coin did have any actual worth and use, it wouldn't be airdropped in the first place. Also, majority of it are only meant to scam people if not, the profit you get for your time is not reciprocated at all.
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Yes, it is the best way to invest and at the same time the best way to lose money--like what happened in confido where the team looks legit at first then coupled with a good bounty campaign and hype...the rest is history. Due diligence can only get you far enough; investments are a risk to begin with.
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-snip-
Its not too late, and I don't think bitcoin is really a bubble. First, its not yet to late to mine because there arr still 5 million bitcoin available supply. And even you get smaller volume, the value is still proportion from early mining. Bitcoin will surely continue to rise because people are demanding and supply ia decreasing. Second, bitcoin is unpredictable but never a bubble, it will get lower price and drop but it will not instantly crash. Bitcoin is already established and people are eyeing iit so much. I disagree--mining bitcoin isn't profitable right now especially if you are a going solo. The difficulty gets higher every time and most likely those guys with large mining farms would always get to mine the block. That being said, we are considered as the not-so-early adopters but the profit we get compared to the real early adopters are significantly lower. |
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As long as the trust of people in bitcoin is not lost, it will survive every threat it encounters in the future. It could go on even after we die for all we know--similar to gold where it is still valued from before civilizations up to now.
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It isn't any way, greedy. Bitcoin is a currency so holding it is just analogous to saving money to be used in the future. Aiming to have financial freedom as long as you are not scamming people can't also be considered greedy.
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will it hit $1000 in 2018?
It has gone from 3$ to 300$ this year so probably it will rise the same manner next year. Even if it didn't really rise up to a thousand, ethereum is still a good investment with minimum risks unlike other altcoins. |
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Don't forget icoscanner.io! it's created by our fellow bct member and tracks down the total number participants and the ethereum collected and ranks them all up--pretty useful if you want to save time browsing icos  |
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I'm not a hater of this coin, but I think the price increase is very unnatural. That being said, BCH is a coin in its own league with a sort of an 'artificial' support from the community. But then again, the most important thing for an investor is to profit so such things wouldn't bother.
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Malalaman mo lang kung shit coin nga ang isang project pag binasa mo ung whitepaper nila. Kalimitan, ang mga legit na coins meron agad roadmap at whitepaper at makikita mo na kapani-paniwala at acheivable un mga goals nila otherwise kung nakakita ka ng "we plan to be the next bitcoin next year" or kung anu pa man too good to be true na target, layo-layo na agad.
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I think ethereum deserves this attention right now; it has been stagnant these past few years. I think this attention could be linked to the booming of ICO's this year so it's safe to assume that it will continue to rise next year as long as ICOs are not regulated yet
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This is only just my second time in joining signature campaigns (first being electroneum) but I'm pretty sure INS ecosystem--managed by deadley--will be a success. I have read the whitepaper and the project has many support from the community.
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It is a known and established fact that cloud mining are scams. There are a few threads in this forum which explains why; you just need to find them. If you have the funds to invest in bitcoin mining, might as well consider buying alts for the mean time or investing in icos.
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We can't tell what will happen in the future so anyone believing bitcoin would be unstoppable in the future are simply expressing their blind faith. We ought to just focus in the present and realize how lucky we are that bitcoin is created in our generation.
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Price will probably dump because of those bounty hunters. The surge of bitcoin's price too doesn't help as most investors in etn would probably sell their funds to get on the bitcoin ride. This would probably continue for a month but it woudn't be a problem for long term holders as many still believes in the project
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Diversifying is good--but not all the time. For most people that are not experts in crypto, there's a high possibility the the funds you will diversify would not be monitored and would only result in profit loss. That being said, it is more advised that you only focus on 2 coins or maybe 3 for now then increase your portfolio as you get the gist of it.
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