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I do not like investing in risky coins even though they can give 100x or more. I suggest you to go for coins like ETH and ripple only as they are quite stable.
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As part of the economy I want to ask
•What do you think is the next big thing? by means bitcoin is getting higher and people should now invest in like what they did before.
•What coin like bitcoin you should invest in? is it bitcoingold? or the next coin that the developers will create
If we analyse the current alt coins, only ETH seems to have that much potential. When bitcoin cash started growing fast recently, people started thinking the same about it as well. |
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What have you been using your ETH for?
For trading
To buy ICO
For long term investment
Other - explain
I am using ETH for long term investment as it has huge potential. Sometime I pay in ETH also if the seller demands only this particular crypto. |
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Base on what I learned here in bitcointalk and understand, Probably not. A pump and dump scheme is a fraudulent operation where the operators own lots of a low-valued stock or commodity, and use mass advertising to lure large amounts of money from new investors, which in turn inflates the price. Once the commodity has reached a sufficiently high price, the operators “cash out” by selling all their holdings, which causes the commodity’s price to plummet, and the later investors lose most of their invested money.
What do you think ?
It is not a pump and dump scheme, otherwise it would not have survived for 8 years. Now the real price might be questionable as there is huge manipulation sometimes because of no regulation. |
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As per my knowledge, Some investors invest in bitcoin when the price reach to 20,000$ but now price is hardly more than 10000$.
Should they loose their money?
But still investors are invest in why ?
See, you need to be realistic with your goals. Bitcoins will again touch the $20000 mark but if you think that this will happen in just few days, you will be disappointed. Gradual increase is good as it means it is without any manipulation. |
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Any news on this? Seems like this issue is menacingly floating in the air.
It had been floating for months now and I do not think there is any thing serious here. These people might be getting a number of legal notices frequently because of misunderstanding of the crypto business. |
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No one can prediction for short interval like next week. And also do not waste your time checking prices that often.
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Those hotels accepting bitcoins is a good thing buy it will not affect prices much. We need. A bug company like Amazon to adopt this.
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I agree to this, bitcoin should be seen as an asset and not an investment medium . The people who made fortune with it are ones who waited for 5-6 years.
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. You made up a lot of points here which are not true . I do not see the instant pay option in case of bitcoin and it is misleading. |
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter
Some people will never trust bitcoins because it is an online investment. For those who treat all opportunities with same eye are already placing their bets on bitcoins. |
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BTCBTCBTC
Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
BTCBTCBTC
Yes, it is not dead in my opinion as well. I think that bitcoin will shoot to $30-$35k this year and thus it makes sense to invest some money at current price levels. |
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Yes, it has got a number of advantages over bitcoins and other crypto coins. I am surprised with its current prices in comparison to that of bitcoins. |
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In the future there will be billions of dollars stored in Wallets, what if one day they decide to stop and shut down their services and transfer all the money to their own wallet and confirm the transactions and convert all of their coins(Bitcoin and any other Altcoins) to USD and disappear?
How can we get our money back? whom can we sue? how can we prove how much coins we had in their wallet?
You will not be able to get your money back if they run away. It has happened in the past with a number of exchanges. |
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It is good that mining becomes difficult with time as it will make bitcoins more valuable. Technology is advancing fast and thus the computers will also evolve with time.
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This year, I expect bitcoin prices to got to max $30000. This is because the first 3 months had not be much good and it will have an impact on investors mind now.
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I plan to leave at least 1 bitcoin and 10 ETH for my children. I have also shared the details of my investment with my sister in case something bad happens to me.
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I do not think this is a Ponzi scheme. Do you get paid anything extra to add any new investors ?
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