People expect more growth to happen. Even at an worst situation bitcoin has given life to more number of people through its growth. This is the truth and for the same it is always praised. As in above post the miners view point is mentioned, but we need to consider the demand to the supply. Something beyond certain value will also create a negative impact over the network giving an outlook as a manipulated growth.
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Often this used to take place with bitcoin transaction. This time it has taken place with the ethereum transaction. The mistake had made him loss his entire funds. He is pity, and has tried his best to reach ethermine and explain all that has happened. Hope he'll get the ethereum refunded. Whenever we make a transaction making going through each and every tab is good to avoid such mistakes. If I'm at his position now I could've got mad out of frustration.
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ripple will grow but in my opinion this altcoins will never touch the past ATH again my friend maybe the best price from ripple is not more than $1, i think its better to exchange your xrp to ethereum
Only few altcoin value is more than that of 1$.Ripple is long running project, but the price is not raised as per people wish. So when small pump occur in XPR, it's better to transfer your token to Ethereum. Moving to ethereum is a good choice, but simply take a note of the growth happening with both the assets. Right now XRP is trading around $0.324 whereas ethereum is trading for $507. XRP won't go much high, but it will be having the stabilized value for a long. Ethereum has got big prediction to be reached on the upcoming update, considering that one can start staking as many ethereum.
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Ethereum 2.0 is the much expected one. The launch won't cause any immediate effect on the market. It'll take time to cope up with the market. As of now we've crossed $500, upon the same reaching $1000 isn't a big deal. Probably we'll reach $1000 soon, because now ethereum seems to grow parallel to bitcoin. The growth percentage of ethereum is low, but there is continued growth.
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the shift from traditional assets to bitcoin has been happening for some time now. when you see the news of it hit the media that is when you know that the shift has become too big to ignore since so far they have been pretty much ignoring bitcoin thinking it will go away if they do so. but as it was expected, bitcoin is growing stronger every day as its adoption all around the globe increases. all because what bitcoin offers is one of a kind and can not be found anywhere else.
Agreed, no big media talk or discuss anything positive or the reality with bitcoin. All the news that can be heard out through big media is the ransom requested in terms of bitcoin. When people watch this, automatically the mind believes bitcoin is developed for such kind of activities. Without doubt media play a big role in growth, but bitcoin is exceptional even without any support of media it has reached big through the spread happening through the users.
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Quite often we get hear the voice of managers and top level people describing the good with bitcoin and the associated reason. Myself too believe gold will get replaced by bitcoin, and this won't happen soon or in the near future. Bitcoin is something as a currency, whereas the gold is a precious metal that has multiple usage on different purposes starting from jewellery to medical industry.
Gold traded around the globe in comparison to bitcoin and cryptocurrencies is very huge. When bitcoin reaches a growth rate of 500% gold could experience a growth rate not more than 10% which makes it more risk free.
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Myself have received in big volumes, but those weren't worth it. I don't participate on airdrops, and most of the time my involvement were into bounties. The biggest reward got out of the bounty participation is valued around $600. I enrolled into the project, because that was endorsed by McAfee. Now only understand he is a paid promotion.
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The market is now for bitcoin, same as this there'll be market for altcoins. We don't know which is the ath value of bitcoin for this times bullish trend. We're supposed to make our prediction and go choose the trading. Most of the time once after reaching ath it undergoes correction. During those correction there'll be slight fluctuation and then grows again. That's the right time to trade bitcoin for altcoins.
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With 55 bitcoin in his wallet he can be a millionaire, but to be the richest of the world require the same bitcoin in millions. Most users have mentioned the true fact of bitcoin, one can be rich through bitcoin but the same can't make him the richest. Maybe the people who are in the richest list can move their holdings to bitcoin. In such a way based on the price change one can be on the throne for some time period.
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The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet.
At some point people move their investments from bitcoin to altcoins. This time it hasn't happened. This is the prime reason why there is no big growth with the altcoins price, particularly ethereum. Another thing, previously ethereum grew high due to the increased number of ICO that contributed to a massive growth to ethereum. Now that hasn't happened, as people are aware of ICO.
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They will definitely make this a reality someday because, the powers of the Blockchain technology has attracted thousands of good happenings to financial world. But the question about the central Banks creating their own digital currency should be, will they ever create a decentralized digital currency?, confidently, NO they won't. They will still create a centralized shithole for the citizens, although there will be more option for those citizens to make their choice from.
The blockchain technology is an evolution in the financial system. With the effectiveness blockchain technology is getting used on other functional sectors. Understanding the good of blockchain technology governments too have begun to use it on financial management. Now the increasing usage of cryptocurrencies by different levels of people force governments to develop their own cryptocurrency.
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Correction will surely happen, but we don't know at what price this will happen. During the previous time price reaching the ATH value people were into expectation of reaching $25k, but the price started to drop. People believed it to be the correction, and expected growth to happen.
The market continued to fall, further it got dumped. This time the market scenario seems to be different, because altcoins doesn't have big role right now. Majority of the altcoins were in the peak by that time, which also made people to expect big.
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In an interview even the President Trump said he used all the loop holes available in the policies to make his Companies get exemption from taxation. Right now Biden government seems to make correction to the policies. Every government at the beginning acts fast and this is why everything is started from now on, without taking into consideration the prevailing situation in the country.
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Having a diversified investment plan is always good than investing over a specific asset. Gold and bitcoin differ completely in terms of growth, but both are value assets that provide promised profit. Gold has got high liquidity, and the same helps people use it as a collateral. As of now bitcoin hasn't reached the level of using it as collateral. Based on this, I prefer both gold and bitcoin. Gold for security and bitcoin for profiting.
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Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
Polkadot offers a lot, but only global acceptance decides success. Meanwhile ETH continues to enjoy that ... This is the truth, global acceptance is much important when it comes to cryptocurrency. As of now bitcoin and ethereum is the much accepted cryptocurrency in the global market. When the market keeps widening there'll be need of advancement. Maybe the same will be fulfilled by new cryptocurrencies. So we can't conclude that ethereum gets replaced by Polkadot, only the demand gives the result.
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The market of bitcoin has moved high from a valueless token to an ath value above $20000. Now the price is close around $18000. What we're talking about is bitcoin $318000. Bitcoin has got the potential, and the growth it has experienced over the years assure the same. To reach 0 - $20000+ it has taken around seven years of time, and to $318000 in an years time is really a hard pick in my opinion.
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The rise in the transaction fee is much discussed as a big issue with the growth of ethereum. Same as this Bitcoin has been said to be dead for several reasons. Particularly the network congestion and the confirmation delay is always stated as a prime reason. Ethereum going towards death is not gonna happen. The update of ethereum 2.0 will make a big change in the entire network and market of ethereum.
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Haven't had any call from friend/family member in recent days requesting to know about bitcoin. Myself surrounding by people who aren't rich to make investment. Everyone are living with their daily earning mostly, and this doesn't let them take time to know about technology growth happening around. I tend to brief them, but without investing they aren't gonna get benefitted. If I suggest they'll go invest the money for living. This is quite risky, because when they're in need the market might be bearish.
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As of today looks like someone has just made another mistake on sending his/her Bitcoin, s/he has apparently paid around 2.66BTC ($47) in fees. ~
There will be $47KThis is really scary! that's why I didn't manually construct the transaction fees, I always try to use auto generated fees, just manually set high-low-medium option. Hope a nice honest miner will refund this mistaken money to the owner. He is one among the luckiest miner. Yeah, lets hope for the refund from the miner. We don't know for what purpose the fund is being transferred. Maybe this could be the users saving for a much longer time period. Whomsoever, it is a learning that we must always cross check the receiver bitcoin address, quoted transaction fee and transaction amount before making the transaction.
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In ten years of time the cryptocurrency market has seen more than 7500 cryptocurrencies created and listed on exchanges. Till date no cryptocurrency isn't able to go better than bitcoin. It has overcome more and more hurdles, and it even died at different occasions. It isn't an task that is possible with every cryptocurrency. Based on this I assure bitcoin to be the coin with higher price in future. I don't state ethereum isn't capable, for sure ethereum moves high but not that as bitcoin in terms of price.
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