I personally can't predict what will happen/ if it recover it's value. But I like to read what people predict about Bitcoin. Most of the posts concentrate about the value and when will it happen. My question is, is there a reason why you think that way? I am just trying to understand what effects the value of BTC.
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I have a friend, who also has the same strategy as Heyyyrenz. I think that's the only way to earn a lot here in crypto world. But things will be harder after the merit system I guess, because for getting higher ranks patience and writing posts will not be enough.
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I have no idea what "stability" are you talking about. This is crypto! It's super unstable, one of the most unstable markets to ever exist. It crashes and moons every single month The only way for it to become stable is to grow x10 or even x100 so when everyone start using bitcoin. This way it becomes stable
Couldn't agree more. The lower the market cap, the easier it is for whales or big funds to move prices up or down. Furthermore, crypto is unregulated and uninsured, it's very risky and volatile. There is no such thing as stability here and people like to take the risk. I think bitcoin being unregulated has little to do with volatility, although it may have some impact, of course. The volatility is coming from the fact that a lot of any coin is concentrated in few hands, so the prices can be manipulated as they see fit. In order for the price to stabilize, a lot more money has to come into the crypto environment, so that the impact of whales can be diminished.
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Hey Folks, I know this was posted all the time, and sorry about that. But I'd like to hear from you what would you invest in if you had 50 dollars in your pocket ready to put into some crypto?
In these moments when the market has taken a significant capitalization value, invest $50 sounds very little. It's just something like 0.004 btc. To be honest it would be difficult to find an exchange where you can deposit that amount of BTC without losing everything in fees, for which I would encourage you to try to increase your initial capital to at least $1,000 to have better chances of profits that are really worth the effort. You have to keep in mind that $50 right now is worth a lot more in the crypto world than what it was a month and a half ago. If you manage to invest in mooning coins before they moon, there is no reason at all to make significant amounts of money.
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I'm thinking that bitcoin losing its dominance will not necessarily be a bad thing, because the blockchain definitely was not capable of handling all the traffic back when the interest in bitcoin was at an all time high. If the interest in bitcoin goes down, the dev team will hopefully have bigger opportunities to improve the infrastructure (implementing lightning network etc.), meaning bitcoin will assume the first place once again. So perhaps bitcoin has to go down even more before it can start going up once again.
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No one can tell for sure what is the future of a particular cryptocurrency.Dogecoin has the second strongest community after Bitcoin based on Reddit subscriber count, Facebook Likes, Twitter followers.Dogecoin also has one of the most active developer team with many contributors and code updates. That being said, Dogecoin is the first coin that really innovated based on their marketing initiatives and is very active in organising marketing and charity drives. The price might be low at this point but given solid fundamentals, it has a very bright future.
You have to keep in mind the fact that dogecoin was mooning like crazy back when this crypto world practically didn't exist. The subreddit even sponsored a NASCAR car. People were memeing and having fun. Although the moon phase ended a long time ago, but I think due to the doge memes and the overall positiveness of the community makes people think good things when they think of dogecoin. Now that the crypto world has become a real thing, dogecoin may make a comeback.
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Just because a project implements KYC means that it's good, but for me it is at least an indicator in the sense that implementing KYC means the project team has to do a bunch of work to check the entries as well. If they were intending to scam, they might not have been willing to waste their time on KYC. But as I said, they might be doing this to give you the impression that they are legit.
I think the problem with your failed ICOs had nothing to do with KYC but rather with the fact that they were lending ICOs, because the concept of lending is shady as hell.
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Since I like to participate in ICO's, I wish the best for Ethereum in 2018. Hope the price will increase and reach to $ 3,000 till the end of the year. But to be honest, don't think it will replace BTC.
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Theoretically merit system sounds good, by making the quality of posts higher. But I think practically it may cause some problems, since no one is in the need of giving merits. So how can the other earn merits and get higher ranks?
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The truth is that at the end of 2017, when Bitcoins price started going down I thought it is a good time to buy, so bought some. But since it has not increased as much as it did before and the price is about $ 10,000 till now, started a bit loosing my hope ans also stopped buying. It may increase but will wait a bit before buying more Bitcoin.
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After making a lot of searchs for a good ICO, found out about KWH. It's relativly new but suggest you to check it out. I think it will be awesome at the end.
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All coins are dropping right now so it is the right time to buy. No matter what coin you buy, my advice would be to buy in steps, don't buy using the 5K in one fell swoop. Buy in steps because the price may fall further, and you will feel sad if you buy in using all your money at a higher price.
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There are addictive elements to it, you can't deny it. Especially if you feel like checking out the prices many times during the day. Sometimes you gamble on coins under $0.01 and when they make it big, the high you feel is similar to the high you feel when you win while gambling. So we should approach trading rationally and not emotionally.
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It may sound weird but I like most the waves at the price. It's so dynamic that you can't be bored while investing or trading in Bitcoin. It also gives the feeling of teh possibility of becoming a millionaire at a night.
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I don't think that you can call 2018 as the downfall of Bitcoin. The price will increase till the end of 2018. I think it will be around 20,000 $ at the end of 2018. So let's keep on investing and trading!
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I think if someone is thinking about buying Bitcoin, these days are the best because the price went so down compared to the end of 2017. No one can make sure that the price will increase, but I believe it will.
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I keep about 70-80% percent of my money in long term investments. Although short term investments are appealing because they offer huge opportunities to make money, they are incredibly risky as well; so I don't really want to keep worrying about my money doing short term trades all the time.
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wtf! Who are those people who are trading it now?
How come they can still do trading if their coins have totally failed. They already closed their trading platform yet the coins price is increasing and they continue on the exchange. Maybe people want to keep their coins as a novelty? I can't think of any other reason, to be honest. Sort of how rare banknotes are worth 100x their actual worth, perhaps people want to buy this coin to show people later on that they still own it.
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You don't have to buy ripple to hodl it forever. It is obvious that the price is going to increase in the short run, so you might buy it to make some profit and sell when the price goes up. I think ripple is going to be a great coin to short.
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I think it's the best time to buy!
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