In fact, I don't think we need to worry too much about hacking, as long as we're talking about a private wallet when we don't need a deal. Because hackers typically look for big targets like trading platforms.
We should not log on to the website of the Trojan horse, save our own wallet.
Yeah, we should be very careful about browsing and clicking on suspicious link or a spam messages as this is the most probable reasons of hacking our wallet accounts. Many had been a victims of phishing that resulted to lost of funds on their accounts. So be aware of those malware. |
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To me, bitcoin is really a great form of payment. Bitcoin payments are extremely secure and fast. I like it when nobody manages my transactions, so I often exchange with bitcoin.
I like the idea of bitcoin as a mode of payment but I doubt that this will not go mainstream as some government will not allow to recognize this currency due to some legal issues. I hope that the implementation of regulations about crypto will clear those issues to make a better future to crytocurrency. |
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yes of course social media is a very important thing to promote bitcoin, bitcoin is digital currency and social media is digital world too, but it is very unfortunate now very much social media that has banned promotion related to cryptocurrency
It is really a good idea to promote bitcoin in social media but just like you said bitcoin is now banned to promote in social medias so I don't think we can still use social media's to promote bitcoin and other crypto currencies. Yeah social media is the fastest and easiest way in spreading news around the world. That is why all ICO are using this to promote their product and making a good bounty just to promote them at all social media sites. |
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There's someone out there that are happy to see this price as they can buy more at lower price at $520. I'm hoping that this will not go down at $300 which is too much for a good quality coin like Ethereum. This is just a correction as even bitcoin had in a downfall position which I think it will recover soon.
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i guess the most thing factor that triggers bitcoin price is bad news , people are too panic after hear about bitcoin bad news and didnt do research for that 1st
that make the price down
Yeah I agree on your statement, spreading bad news around the crypto community will create panic on the weak hand investors. So, the big initiators here are came from the media that echoed to the community plus to add some whales that are waiting for the right opportunity to dumps their coins for a possible good profits. Although during downfall it's our chance also to buy at lower price. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I think not all who sell at the downfall trend are panic sellers, others are the day traders who are riding with the bearish market and also those bounty hunters who wants to convert their tokens into a fiat money. Whales are the biggest contributor for the downfall but those whales will also be the factor to push the price higher as they can afford to invest much money from their funds. |
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I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.
This is a risky investment with no assurance of getting profits from your chosen coins. I admire your motivation as you need to divert that for now into a productive task that will give you profits. Don't force the issue and there's always time for everything. Be patient to wait at the right time as cryptocurrency has more opportunities to come. |
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Is not my case, I do have some savings so I didnīt start from absolutely nothing, but I had not much to start with. I am having a decent go at cryptos and I think it may be possible to make a living... What could be a good strategy?
This will depends how diligent you are in the aspect of this technology. Any strategy will do as long as you are willing to work for it. If you want to have investment right away then you must put a money from your pocket to start the game of trill. Remember this is a volatile in nature the price will change in any moment and don't get discourage if the price will go dip as the chances is bigger in a bearish trend. |
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The market is constantly fluctuating. What is your opinion?
Yeah. Market fluctuating is normal. Although we are in bearish trend as the price has shift more in downward position. Do not check the bitcoin price every hour if you don't have plan to buy or trade as this will make you stressful. All we can do is hold your bitcoin and never sell it during the bearish trend. |
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Bitcoin is more better than the other coin because bitcoin has more investor and it increase day by day and i discernible in all country, and bitcoin has a well active market,thats why its more better compared to other.
Bitcoin has higher value and has accepted by the people as a digital assets that can be valuable in the future. People are only after on the value of bitcoin as they are holding their coins in hopes that they will become millionaires as time goes. That is why bitcoin can attract more investors because of the speculative thinking that someday the price will become higher. |
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So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two? I'm interested also in BCH too, same questions  I think altcoin is the main reason for boosting btc prices. when we need to buy a certain altcoin. First we have to buy bitcoin first and then exchange with the altcoin that we need The new ico is the main reason I think the influence of the news around the cryptocurrency is the driving force in bitcoin price. I seen most ICO will accept BTC, ETH, LTC and in credit card. So, the increasing numbers of ICO is not the main factor for the changes in price as not all ICO had reach the hard-cap. Indeed, the majority of investors will dumps their coins if bad news has came in crypto. |
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ETH will still in the second place in digital currency as they can't beat bitcoin in the long run. I respect ethereum as there smart contract has now working with new ICO platforms but I think that's not enough to oust bitcoin in the crypto supremacy. Although, cryptocurrency is full of surprises as the prices changes everyday. It can change investors mind on what he prefer to invest his money. Let's find it out.
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It is no surprise that anonymity has been leaving bitcoin. Bitcoin is not as anonymous as it used to be. Monero the more anonymous bitcoin has been getting a lot of news as it is being used for many illegal purposes such as drugs and money laundering. South Korea today, however, is increasing regulation on all cryptocurrency exchanges as reported by https://revoltmedia.org/south-korean-new-rules-on-cryptocurrency/. South Korean laws passed this morning are now only letting South Korean exchanges accept users if the user has real-name bank accounts connected. Regulations like this are the first of many soon to come that will try to take anonymity from cryptocurrency. The South Korean government reasoning was to prevent money laundering and other illegal activities. Nothing is permanent in this world and cryptocurrency is not exempted on that. Yeah that the hardest thing to accept if your affected with the changes. Doing KYC is a protection or security measures that digital currency can't be exploited by the those people wants to use it in illegal business. Which I think is a good idea to attract more investors in cryptocurrency. |
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In my opinion the price of bitcoin is too volatile and it's susceptible to price manipulation as many investors had owned plenty of bitcoin under their address. We can't tell them not to sell their coins as they have strategy to gain profits on this business. What happening in the downfall was the reverse bull run from the pumping of price of last year and now bitcoin needs corrections. In which a good opportunity to buy those new investors at lower price and also it will spread the ownership to bitcoin around the world. Sooner, bitcoin will return to the all time high we just need to be patient.
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
it depends if the price they get a huge panic selling. if they sell bitcoin in any amount even if the price is dumping. bitcoin will dump. huge panic selling will cause bitcoin price dump. and if buying. it will pamp We just need to stay calmly and don't get affected with the price if this goes down. Panic selling is not good to the market as this will cause the price to go down and give a reason to the whales to buy more and get a big profits once the price bounce back. |
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reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
Most white papers are either too technical to provide a good view to the average user or just business plans that are too conventional to convey any information that can be considered objetive. The whitepaper is the guide on how the project goes as you can find the roadmap. So, this is really a must to read to all investors if you want to know the goal of the team. Somehow, most people are too lazy to read and just rely on the supporters around the project. |
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Last 2 days I bought for about some cheap coins and it went down for about 5% or something and I decided to sell. And now, I am at full regret that all of those coins are now up for about 20%. My lesson for that is to be patient since the market was down for some day and it will always go back up.
We don't know the price for tomorrow as crypto will surprised us everyday. You should set your limits when to sell your coins, bearish trend is a test on how strong is your faith on that coins. Don't be panic as 5% dropped is a little to sell your coins. Anyways there's many coins to come and hope that you've learned from that actions and apply to your next investment. |
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Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
Chart tracking can be useful for the history of the prices but it is not a reliable tools to predict a market prices. The price can be dictated by the current situation and we can't force someone not to sell/dumps their tokens/coins as they have also a different strategy. You need to learn first how the market moves for a span of 1-2months so you will have the idea what should be the best strategy in a volatile market. |
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Yeah, unless this is the end of the crypto world. The crypto market is too big now to not recover again. The answer to this question few years ago might had been maybe but now its a definite yes.
Yeah we just to be patient to wait for the right time as the market continues on downfall. We need to keep calm not to be affected by the dumping as this will end in due time. I'm not checking the current price as not to get hurt and go out for sports to divert my attention. Sooner this will return to the best price. |
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I think the price for Bitcoin will only fall, for several years it has been artificially raised, and now this system crashes.
bitcoin needs more new buyers as the price get lower to a affordable cheap price. After this we will see a good run to push the price higher. This is a good time to buy more bitcoin. It will return to the peak price we just need to be patient and hold. |
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