to be honest I think one of the reasons why people think it is a scam is that they have no idea what it is or because it was created by an unknown man/group or whatever you believe and does not have a central authority to govern and regulate it to ensure people that it is safe to use.
Agreed, even after hard analysis it is impossible to get a clear information relative to the existence and growth of bitcoin. People who doesn't have better understanding about the true market of bitcoin term it a scam. The same person will be having entirely different view/opinion once after getting used to it. |
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There is no one specific to move the price of bitcoin. As per my understanding it is the combined input from users, investors, large scale firms, developers, exchanges, etc. This time the price is being moved by the whales who hold large volume of bitcoin to create some panic wave to profit out the small volume holders of the cryptomarket. If this is caused by the Whales the growth won't happen soon, and if it is price correction just be happy for the upcoming growth.
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Today, IOTA has a number of advantages, undeniable advantages, such as the updated concept of the Distributed Tangle registry and zero transaction fees. In this regard, the forecast for the iota cryptocurrency is more than positive.
Agreed, and it is one of the cryptocurrency to have real life usage. In each and everything associated with technology the integration of iota will be there. Every potential project is being found low for some reason. We don't know the real market demand behind the project. Anyhow it is one among the worth project in the leading order of cryptocurrencies available in the market. Possibly the rise could happen independent of other cryptocurrencies like bitcoin or ethereum. |
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For the following reasons it won't go to zero again.
1. At any cost the the usage of bitcoin won't go to zero.
2. It is considered as an investment asset/digital gold and
legalizedd on different countries.
3. Large companies have invested big on bitcoin.
4. Continued development of mining equipments for cost
effective mining output
5. People believe it to be a safe haven against the
inflationary fiat currencies.
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Ethereum has the highest ROI compared with the XRP. Nothing to complicate, both ethereum and XRP is predicted to grow high. Just before the market fall, XRP recorded a massive growth in the market. Ethereum on the other hand is with the urge of growing high through its update. XRP has got high use case partnering with different banking and financial service providers. This will keep the market of XRP grow and stabilize itself at any worse market scenario.
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After reaching $600+ value once again it has fallen to the $500. Once again it needs to grow slowly along with bitcoin. The ethereum 2.0 is the much expected one. The price correction is also part of the upcoming days market pumping, because we don't know when 2.0 getting launched. Based on the market development we can expect growth to take place after specific time.
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This is a good question because I was very tempted to sell some my satoshis when price reached point of $19,000 usd.
But I did not sell and now I am regretting it big time. But I feel spending during Covid 19 is not a good idea either unless you do not have enough fiat money.
I do not think spending Bitcoin in general is good idea so especially not during Covid 19.
If each and every user have the same mentality then how will the circulation of bitcoin takes place over the network. Even when we prioritise bitcoin as an investment, we need to spend little bitcoin when necessary. If there is zero circulation or zero usage the network will go without any usage. There is nothing as don't use during this time period. This is the situation where people weren't able to afford the basic necessities. By this time it is a good choice to sell for the living, because we don't know whether we'll be alive tomorrow. |
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In terms of supply bitcoin is found within the top 20 list of currencies. During the peak rise in the value, it reached the eighth position. In one way or the other it has gained importance as an universal currency. Universal currency can be accessed anywhere according to the country's own fiat. This isn't possible with every currency available in the world. This is what makes bitcoin world wide 1 currency.
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The online job availability have increased a lot. By the time cryptocurrency as payment on different online jobs too have increased. This is something good for the on-going situation around the globe. Service renders like overstock, Shopify, Fiverr supporting bitcoin payments make the cryptocurrency users do get into these kind of online business with much interest.
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With a technical analysis we can say that Waves can generate at a price of $10 knots in the next few days because the chart has found the resistance line and I believe that in the next high this value may appear quickly. Now with a fundamental analysis Waves has a large team and a large number of investors and supporters. Another interesting factor is that Waves has its own exchange, further increasing this possibility.
$10 is a reachable price. Waves was once a much expected cryptocurrency. As stated waves is backed by a good team. There is regular update, and the waves client isn't being used much. The targeted plan isn't achieved perfectly. Even without that it has marked an ath value near $15. Considering the present value of around $6.40 we can expect $10 to happen when the price of bitcoin touches a new ath. |
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During the year 2018 when the market started to drop drastically more people started to speculate that 2019 will be a big year for cryptocurrency.Very specifically the year to be big for ethereum is much into speculation.
Every form of prediction went wrong and the market stood stable within specific price margin. Now the growth of bitcoin and ethereum is marked to continue after the correction. More chances are there for a new ath, and if this didn't take place surely it'll take atleast 2021 December for the same.
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Advancement keeps popping through different platforms. This is where we get to see more new cryptocurrencies reach the market and gets into discussion as a competitor to the ethereum and the leading cryptocurrency. Same as this we've seen bitcoin to death, because of new cryptocurrency in the market. During the existence of bitcoin cash, people started to discuss its the death for bitcoin. Later what happened ? Bitcoin overcame and stood high and same is what I expect to take place with ethereum.
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Things might change with exchanges leading the market when banks weren't able to cope with the need of the users. Already more cryptocurrencies have got integrated with the banking sector. The cryptomarket is very young to coexist or to replace the banking system. Maybe the growth and the need of technology will make people move towards advancement and cryptocurrency exchanges.
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I have gone through the whole article but none of the information have impressed me that the speculation is correct. It’s possible that he lived in London but the proof inside isn’t satisfactory at all.
Yes, a series of information has been briefed on the article. Different locations were associated and nothing is defined for any specific reason. Maybe I'm not that knowledged to understand their way of briefing. Only thing I understood is the first post of Satoshi made on the same month year 2009. |
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Stable $20k increase isn't happening with bitcoin. The growth happens for some time period and then it stays within specific price range. Once again the market moves in the upward or downward direction. This is the growth pattern of bitcoin. As per the growth that has happened over the years I find the market to go bullish on every year of halving or by the following year. Based on the calculation in the next five years time we can expect assured $20k+ growth.
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Everyone have the belief the market is being driven by the demand, supply, usage, acceptance, real life usage, on transaction needs, etc. Beyond this it is driven by some Superpower and this is what makes bitcoin different from the traditional stock markets which can be predicted precisely by the market experts. This is why most users mention it isn't possible to predict where will be the end of the ongoing Bull run.
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In the last seven days time XRP has recorded a 125% growth based on the coinmarketcap data. This is quite high for an asset that is in the top order of cryptocurrencies. This year it has marked its ath value around 0.7$, which means it is 0.3$ away from the mentioned $1, based on the market moves taking place with bitcoin there'll be mutual growth with XRP as well. I believe once bitcoin crosses $20k we can expect XRP touch $1
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Users were into the discussion of price reaching $50k and so on. Though it seems an reachable price, we can't get to a conclusion that the price will reach it in a short.
The market behaves completely different from the other markets. This makes the price to be unpredictable, so it is good to think of $20k which is the near price. The growth is steady, upon which we can expect the price stay above $20k by the starting of December.
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Everyone are much concerned about the long lasting of the network. As we're getting close to the entire volume of bitcoin to be mined, there is more questions getting arised. The prime one is the whether bitcoin will die or live forever.
If the usage gets nil we can say it'll die. In reality the usage is keeps increasing and the majority of the trades on exchanges were taking place against bitcoin which confirms the usage to continue. Upon this there is no need of controversy related to death of bitcoin.
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Actually, some people should have prepared about this kind of situation, probability, and also chance. Well, we know that we don't know when we will die someday. That is why we need to make it as good as plan for our digital asset. Sometimes, choosing someone who is very trusted may be difficult. But, in fact, at least we have one who is trusted to believe and share the information of our digital asset.
However, if there is none knowing about the asset, it may be only two conditions:
- The asset will last forever in the wallet because no one knows the private key or data to access the wallet.
- The assets may be hacked by somebody and lost
- Somebody may find out the data in your device and then take the asset.
Actually, it may be the same question about what will happen if we forget our private key of a wallet where there is certain asset in the wallet. So, the coins will be there forever,
Always find time to pick the right person to trust, it's possible that accident will happen and without any idea you'll die. Being advance gives you comfort that you'll be able to leave your assets and not be wasted for nothing. It's you that needs to secure your funds, and like what the post above said, that's how it works either you secure it and let your assets be enjoyed by someone who you trust or let hackers to break your security and enjoy your money. If you aren't satisfied with both the plans, then the choice is to go for a donation or support to the charity. You can submit a request along with the letter of wish to the court or an legal team to surrender your holdings to the charity on your death. Prior to that, you must also inform this to the charity to receive from that particular legal team,if not there is chance of fraudulent acquiring by the team itself. |
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