I am not agree with you, so if bitcoin is scam, that's mean is all cryptocurrencies are scam. Bitcoin has now proven itself and after so many years the price has risen so much and there is no longer any possibility of scam.
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Hi, have you ever thought this? You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it. I think this could be a weakness, correct me if I am wrong. Or comment if you have a kind of solution for this... Regards! If you use blockchain online wallet, you should use 2FA. So, 2FA can help you for secure. But, other wallets which you paid for it money, you should not worried.
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You should not believe other guys, only believe your opinion. Because, in 2009 when Bitcoin was new, no one believe it and today price of Bitcoin is around 9000 $.
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Mining is so much expensive nowadays and you can earn more with other ways. If your have a big company or big team, you may make lot profit, so not worth it.
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Governments ban it because they can not control it. They are trying to get rid of it in any way they can, when there is something they can not manage. Now, the only thing they can do: ''ban''.
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Risk is not a condition and you can make big money without risk. But if you want to make a big profit in one year, you have to risk it and you can earn big money or you can see zero in your balance.
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Bitcoin is leader and have high influence in the market and it effect the altcoins when price fluctuate. Altcoin still struggling and didn't make strong platform to survive alone.It is possible to but will take time may be later or soon.
When Bitcoin's price falls, the newbies are losing faith against altcoin and are starting to sell it. For that when the Bitcoin's price decrease, altcoin's price begin fall with it.
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Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
For now you can start with Bitcoin or Ethereum and you can use free wallet : blockchain.info and myetherwallet.com. You should to use secureity password and 2FA.
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Because ethereum is owned second place in cryptocurrency world, have a more potential than Bitcoin. It can be king of cryptoworld and for that we need to hold it.
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Hi there,
There are a lot of ICO's on the market everyday. Which of the ICO's is/are the best for you at the moment?
Kind regards,
You shoul check quarkchain, because it is the best ICO i see ever. The team create 4.0 Blockchain system. You should check their witepaper and you can see it.
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In ICO, you should research team and look their whitepaper and you should not stay close to scam projects. But, the altcoin are in any exchange you should follow it for any news.
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs. What actions should governments need to take and how individuals can contribute?
In my opinion it is the best probelm of Capitalism. But here the state also has wrongs, if governments can manage their state, the people of the state will not be hungry.
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Because, Bitcoin is a first cryptocurrency and first member of Blockchain. Nowadays, there is a lot coins which they stronger than BTC. Other way is BTC has proved itself.
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First of all, you sign up in Coinbase and invest some money here and you have to get BTC, ETH or other big coins. Afterwards you should deposit money another exchange where there is your favprite coin/token.
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Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized. 2. Bitcoin eliminates layers of transaction fees. 3. Bitcoin is fast (especially after the lightning upgrade). 4. Bitcoin provides more privacy than normal transactions. 5. Bitcoin hedges against stupidity from central banks and governments. 6. Bitcoin cant be counterfeited. 7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
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@charteroakpublic - a Telegram channel with leaks from premium sources like Palm Beach Confidential
The only thing that makes Bitcoin worthy is buying-selling. Because, Bitcoin's not have product and if there not any product, it means nothing can affect price of Bitcoin.
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You need to research its aim, team. You should read whitepaper and i think whitepaper is the most basic thing for ICOs. Also you can look up ICO rating sites which there show about good ICOs. And ICOs are most profitable project.
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser. People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
Of course, gambling is only risk, you will not win until the end and one day you will lose. Trading is a business, if you are smart, you can make a lot of money from it. And you can earn more than gambling.
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how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks, Mike
I think, if you do trading, you should do it every minute. Because, if you miss anything, thats mean is you lose money. Other than that, you can set up alert what price you wonder.
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Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
I think yes. Most of traders say that technique analysis is not useful for cryptocurrencies. But, if there have not a technique analysis, you can not say anything about price.
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Hi guys, due too much people is starting in this world of trading. Some are coming from the forex world to the crypto world. There are 4 questions you can answer in order to help those newbies in to choose the best Exchange to trade. Take in account there are more than 10k exchanges in the market according CoinMarketCap and continue growing up. Personally I like Binance and Bittrex, they offer you security and low costs in transactions fees. What Exchange do you use and why? What Exchange would you recommend and why? Any complain about some exchange? Any Exchange has give you problems or difficulty with to withdraw your money?You should to use Binance or Bittrex, that exchanges are more easy to use. But, sometime you have to use others. So, if you need any coin, but it is not be on exchange and you need to use same exchange.
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