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After the last couple of days l have had in this market l refuse to use the term HODL anymore. It is just too nice a term for what we are presently experiencing. I believe we need to ad a new letter to it HOFDL - " Hold on For Fucking dear life " . Pretty much sums up what is necessary in this market.
Anyone got a clue where we are heading in the short term? There is so much FUD out there and misdirection, it's hard to work out what is happening.
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Considering in the space of two and a half months we have managed to go from 5500 to 20000 and back to 6000, anything is possible. I bought BTC in September at 3000 so its possible it could come all the way back to there. I don't think anyone really knows. Cross your fingers and hope for the best!
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It appears now that no coin is performing in this down turn, not even DGD with it gold attachment.Lets hope that 6500 holds for BTC or it is going to get very nasty out there.
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DGD surprised everyone with 75 percent profit percentage it is one currency in top 100 in coin market cap performed in latest crash
Certainly one of my biggest regrets was selling DGD back in November. You can really see the benefits of it being linked to Gold, in these volatile times.
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Personally looking at my portfolio l found that the best performing Alts were all associated in some way with NEO. I only have a small selection of Alts and was wondering if anyone had a different perspective of what survived the best for them?
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Sure we have all taken a bit of a hammering in the last few days. But as crashes go it's not really that big compared to previous ones. Bitcoin has spectacularly 'died' several times 📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack 📉 - 36% June 2012 from $7 to $4 Linod hack 📉 - 79% April 2013 from $266 to $54. MTGox stopped trading 📉 - 87% from $1166 to $170 November 2013 to January 2015 📉 - 49% Feb 2014 MTGox tanks 📉 - 40% September 2017 from $5000 to $2972 China ban 📉 - 55% January 2018 Bitcoin ban FUD. from $19000 to 8500 https://www.google.com.au/amp/s/amp.reddit.com/r/Bitcoin/comments/7uqa54/lesson_history_of_bitcoin_crashes/
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The developers are doing a great job and always keeping the community informed and up to date. There are so many project where you hear nothing from the developers, which just leaves you wondering about the future of there coin, but that is not the case with DeepOnion. I have looked at the road map before, but just refreshed myself as to what was coming, wow there is some excellent milestones happening in the next couple of months. Can't wait!
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I look for at least 3 separate confirmations on my charts. Looking at the day chart l only have 1 at the present time, as long as the price doesn't drop today l would say the 2nd one looks like it will confirm tomorrow. I have two confirms on ETH , LTC and BCH.
The market appears to be turning up, but l wouldn't be betting everything just yet.
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The Lightning Network concept sounds like a great idea - Faster transaction and real cheap fee's. My understanding is that each wallet that the transfer of Bitcoin goes through , has to have the same balance of BTC or more, as that of the coins being sent. I don't see a problem with that as long as all wallets have at least one Bitcoin in them, but how many wallets actually have that? I don't know how accurate this is but it seems to correspond with previous estimates l have seen, in regards to wallet balances. http://www.blocklink.info/distributions.htmlBased on this info you can see that approx 90% of all wallets have less than 1 Bitcoin in them. 60% of them have less then 0.10 BTC. If this is the case how will the lightning network work effectively? A transfer of 0.20 BTC will mean that 70% of all wallets will not have enough funds in them, for the hops to happen. Am l missing something?
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You ask which privacy coins will be best, but then you only list one privacy coin, which is Monero.
Why not just ask if Bitcoin is a good privacy coin? Or Ethereum?
Oh oh, I've got it! Is Ripple a good privacy coin??
smdh
Actually they are all privacy coins Monero, Pivx , Verge, DeepOnion , Zcash- But Bitcoin, Ethereum & Ripple are not.
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best in what? there are a lot of attributes that altcoins can be compared in. the most famous on is "as an investment that will give you profit", but there are other things like - how their anonymity works - the developement - their adoption - wallets (ease of use, GUI, how many are there, is there a mobile version,...) and lots more. but something tells me you don't care about any of these and only want the first thing "the profit". in which case all of them are equally good since they all have the potential of getting pumped Actually l think that they will all do well as far as the profit is concerned. I was more interested in there privacy aspects. It concerns me with most coins that once the wallet address is know the history is visible to anyone. There are discussions among Politicians in countries like Australia, to introduce legislation that would allow "sneak and peak warrants", basically meaning that law enforcement could enter a property and search it, without the occupier knowing and never have to acknowledge they have been there. Hence privacy and anonymity are a big concern to me. I only listed these coins because l actually own them, but would like to know what other privacy coins people like and why? Personally l like PIVX for it ease of use and mobile wallet as well as the zerocoin protocol option and the updates they are planning in there 2018 road map. As well as the fact they have a 60 second block time, low fee's and as a POS coin l can stake it. But l was hoping to get responses for what people prefer to use for privacy and why they have selected that coin.
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I currently own all of these coins and am wondering what people think of each of them and why is one better then the other?
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Large cap NEO , Mid Cap PIVX both low cost and quick. Low Cap DeepOnion . All great coins for sending money. Was using LTC but the confirmations were slow, in comparison to these coins.
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A great time to get into some coins we have missed.
Got some ELF, NAS, RCHAIN and some more EOS
Looks like there could be some more bargains over the next few days.
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I believe It should be considered as an asset class, to considered a currency it would need to be spendable at your local coffee shop. Currently this is just not commercially viable because of the speed of the transactions and the fee's attached to it. Once these two factors have been addressed then it is possible that it will switch to a currency.
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Time will tell, but am happy to own both of these coins , l hope that they both do well in 2018. ETH probably has some headaches ahead trying to move to a POS protocol and they both should be ware of NEO, it has some huge growth to come.
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It really depends on why you are buying it. For a ROI silver is a pretty poor alternative to Bitcoin. I was one of those lucky people who loaded up on Silver when it was $50 an ounce, only wish that money had been put in the BTC. Silver is a store of value though and the price is fairly constant, so there are some reasons to hold it.
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Today is a good day to buy...Blood on the streets type day. But rather than buy all at once maybe divide you money into 10 and buy 1/10 th per day for the next 10 days. This way you can dollar cost average and won't have to pick the best day. Some days will be up and others down but you will achieve a good average price overall...
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There Github does show ongoing development work, not as vast as some projects. But there is constant development. Anyone who has been in crypto for a while will remember when stellar lumen dropped all the way to 1 cent, look at it now. Projects have ups and downs, but the worth while ones do rise to the top.So time will tell if Tron is any good. Just don't invest what you are not prepared to loose....
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Bitcoin is seen as a store of wealth, digital gold and for that reason people will continue to hodl it, even with the extremely high transaction fee's. It's a mind set that will take some time to break.
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