Don't you now about inflation?
It will unbalance the whole economics in the country and maybe afterwards even in the whole world.
You gotta do a research into economics when you enter Crypto.
Being knowledgeable about how cryptocurrency works should be your first goal because in this way you can determine if you will b earning profit or not by investing into a specific coin. |
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As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
My question is why need the cryptocurrency market will need to disrupt the global market trillion value?when theres no need for competition instead this two may work together for the betterment of the world economy?you people only making issues when theres really none cryptocurrencies in friendly mode in gaining the market value in expanding the market to all major country we can see positive development once cryptocurrencies reach trillion dollars market cap
Crypto market almost reached trillion cap last December 2017 and i believe that it wasn't impossible for this to be attained,all we need is acceptance from the whole world and adaption as a currency and not a illegal materials that has been used by criminal elements Most of the people are expecting for the price of bitcoins to reach $50k dollars before the year ends and that is the reason why you should be holding your coins today or invest even more. |
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The bitcoin market has been down for quite sometime is a normal thing
Somehow bitcoin price or value has been unstable due to bounty hunters, dumpers and panic seller and buyers. But lets all hope that tje value of bitcoin will increase this coming bullish season/ market. Lets all wait patiently and calmly.
It does not matter if bitcoins will go down for quite sometimes because in this way you can invest even more to earn a huge amount of profit when the market pumps up again. |
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In my country, people pay taxes. Those who are in the poor till middle class are the ones who pay more taxes than those who are already rich. It's okay to pay taxes, there's nothing wrong with that but the problem is the government, the one who is in the position. People pay taxes, the government just put it in their pockets. So where is the progress? Nothing. How I wish my country is like Japan. Full of life, fresh, clean and peaceful. Everyone is participating for their country to be world class.
People will only pay taxes if their salary is very high but there are still jobs that is not required for you to pay taxes if it was low, that's how the system works in different countries. |
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In the long term, the crypto-currency market will grow. I think that this revolutionary technology will be introduced into our daily life more and more every year.
I am confident that crypto can go long term if all the investor of all cryptocurrency will continue to invest and if there are more investor will invest for sure crypto can able to go for long term and if many countries will accept crypto it will be more better for all the holders. Obviously cryptocurrency is really good for long term investment because there are a lot of people today who are using bitcoins and altcoins to sustain their daily needs and most of them are here in this forum. |
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this can give a pause for holders who want to sell all their btc. in this moment, hoping that many will buy bitcoin to increase the market cap of bitcoin.
Yes it will stop the holders to sell their coins but at the same time you can also invest a huge amount in order to earn more profit in the market when it pumps up again. |
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Yes, I would definitely sell my coins and then buy bitcoin. I would love to have btc of my own, and that is what I wanna do if I would have enough to buy btc.
Selling your coins today is not profitable because the price of bitcoins is very high and that is the reason why the best option today is just hold your coins right now to avoid losing your investments. |
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That is true that if you do not sold you do not lose money , but actually you also not gaining , but for this season ,that the market is falling down of prices ,then its better to just hold your coins in your wallet, for it will not profit your coin, and maybe you lose some gains because of low prices.
Investors will always sell their coins when the market prices are dropping depending on their experience since most of the new traders today are panicking every time the market is dropping and sell their coins at its lowest price. |
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I wanted to say that I have stopped sharing my crypto interest with close mates of mine.
Because they will became greedy and jealous for that money they could have too.
But the problem is that they are seeing a results of hard intense and long work! My tokens sometimes costed me like 3 months of work, (not the hardest, but anyway).
And the are saying then - teach me how to do that! Teach my now in half hour! So I would have my $1000 tomorrow!
And then they are trying to do something here for 5 days, nothing comes so fast and they give up,
also the relations are harmed...
Thanks for your attention folks! Nice days!
When many people sell in a panic, greedy buying may be better. Indeed it's not easy to teach something to people who have such characters, because in the end the person can damage our good name, not even a few people like them are easily discouraged then vilify the coins they buy. In my own opinion, sometimes it was nice to take advantage of the current situation where people are panicking to sell their coins and you can hoard more cryptocurrency at its lowest price. |
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what you mentioned is very true and there are so many new traders who make this mistake, and hopefully this can help new traders to become good traders and get a lot of profits.
Most of the traders are making mistakes by selling their coins at the lowest price when the market is dumping and they lose their coins because of panicking. |
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I feel like people put too much belief in predictions and patterns. I think that cryptocurrencies are unlike other economical stuff. Or at least they’re too young to find patterns in them. One thing I know - BTC will live a long life.
That is the only way for them to determine if they are going to earn profit or not but the best thing to do is just be patience and wait for the price to pump before selling your coins and invest while the market prices are still low. |
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no, for me bitcoin will not expire by other currencies because bitcoin will survive as it is today with its cryptocurrency.
It was not possible for bitcoins to be replaced by another cryptocurrency because it was the first coin that has been created and the price is very high so people will prefer bitcoins rather than altcoins. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
You are very right, if we say this year is very worse than we are not wrong, very panic situation & difficult to understand which coins to be hold & which have to sell. If we talk about market recovery than very hard to predict when it can recover from this huge dump, but now I think better time for buying of coins not for selling. In my own opinion, you should not think about the market recovery but focus on taking advantage the current situation in order to hoard more coins and earn more profit when the market price goes back to normal. |
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bitcoin and also globalization are usually a couple of different things yet hold the identical qualities. in a roundabout way bitcoin will be certainly one of kind of globalization, it could be identified simply by the whole planet local community with out boundaries and also territorial is bordered by.
In my own opinion, cryptocurrency is already part of globalization because bitcoins is very popular right now and it is affecting the economy of different countries. |
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because they do not know how to manage spending, most people just work to feel happy but not saving. if they are diligent in saving, they will be rich.
They will rejoice with the immediate rewards and spend all that reward. And then they have no plans for their living expenses. It leads to poverty repeating rotation. It is hard to recover and rich, they need to learn more to stabilize. Hope the future will be better. That kind of mind set will not bring you wealth and that is the reason why you should start your own business in order to have income when cryptocurrency price is dropping. |
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I don't think that sharks can get many btc but who knows maybe in the future the situation will change for the better. To my mind, it is good to be a trader and to have btc for the long-term hold
I do believe that sharks has a big role on cryptocurrency pumping in the near future because if there are so many people who are going to invest on the market then the demand will increase as well as the price. |
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In many countries, people pay income tax.In principle, I think it is right.All law-abiding citizens must pay taxes on any activity that generates income
In my own opinion, it was normal to pay taxes but the only problem are the corrupted govenrments who are stealing money from the people and that is the reason why the economy is dropping. |
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Smartphone is comunication device and i think its not wise using smartphone for mining bitcoin. Its not good idea but maybe smartphone manufacture think otherwise and maybe in the future they will make it but i think it will not eficient because battery smartphone is limited in time
Yes i believe the same way, mining for smartphones will be depending on the manufacturer of the mobile if they will be allowing cryptocurrency to be mined on their mobile products. |
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Investing other than Cryptocurrency is really a good way of a true investor must have in their knowledge that's why I also invest in some property and business that will grow here in my country because I know that investing more in other way is the best thing to do to get more profit for more chance of earning.
That is a good idea, investing on other things like starting your own business is a good way to make more money, in this way you do not need to depend always in crytocurrency. |
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This truth is actually very simple. The amount of funds in the entire cryptocurrency market is quantitative. Bitcoin has gone up， the reasons is investors invest bitcoin after selling the altcoin. This is the blood-sucking effect of bitcoin.
People have different reason why they want to earn cryptocurrency, some of them are for living and others just want to have a good asset that is profitable for long time so we cannot determine when the market price will pump or dump. |
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