I have tested ethereum several times and found out that it was faster than bitcoin. But giving consideration to usage or volume per hour I think bitcoin has more transactions per hour which will cause a network traffic so that the reason for lagging behind ethereum could be because of it. I still believe both are really having fast transaction speedsand onky had a little difference.
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Bounty hunters are doing their job. They deserve what they should receive and it is not because that they would sell their coins that they cause a lot of problem to the investors. Remember that bounty hunters did a lot of work and therefore after several months or years of waiting for project to endand therefore deserves to receive it. Useless coins wouldn't grow because they lack the good plan and why should bounty hunters who work hard be blamed? I have received a bounty for posting in signatures and was given just about two dollars for about two weeks of posting and several months of waiting. Would you be so happy about it if you were in my place? I think this is already something they have foreseen and planned, bounty hunters only get a small part and should not be the reason for price dumps should bounty hunters sell their share.
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I think holding will do help the bearish market. If all people will agree to hold and won't be selling at all, the prices could go up high. If all will just keep depositing and no withdrawals will be made until it will reach an all time high. But this a really temporary solution. The best solution is to make cryptocurrency very much useful by using it as it is expected or purposely made.
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I would agree on anybody here saying that bitcoin is not dead yet. Even when the market was really bad it doesn't show us the real proof that bitcoin was dead. I am certain that the fall of the market may have been caused by many reasons like too much hype on investments, less actual usage and many other related events that causes the prices to pump up high during those period of sudden spike on prices. Though it was sinking to the bottom but we are certainly looking now at the real bottom where perhaps many are still holding on. Should all these investors sell their coins, then it might be in my own humble analysis that bitcoin will have a great restart until everything will be back to normal but probably will take so many years before it will totally regain itself.
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It would be very nice to try new technologies like cryptocurrency for banking. I am not against it but I have to apologize I did not see banking as dead based on what is currently happening. I am not trying to offend your enthusiastic and lively thinking as I do like cryptocurrency but I think we do need more effort to push bitcoin to become used more often in banks and educate people about it than just plainly saying banking is dead. Anyway thanks for promoting bitcoin.
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I don't think that alts did have a dominance over bitcoin. But indeed there was a problem with the market which started same as how you have predicted it. It did made a dip at the bottom and reach what I thought to be very low which is around 5K$. I hardly noticed it to be very flat at that amount during my almost a year of entering cryptocurrency. The fall of market plus the fear brought about by FUD created a very bad market which may really take a lot of time to recover. It is probably because the market in the real world is in a big trouble with the current trade wars which have an effect of the global economy as of now.
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I agree with your nice suggestion. Do not worry and just keep going on. But I think you also need to consider loses because when your money drops to a certain level and you are still holding your coins as is, I think it would be hard for you to pull back and wait for those chances. I do think that we also need to reset and hold as much coin when we can while it is at the bottom and not just purely holding it. Keep it dynamic, I guess that would be nice. Hold it for long term but we also need to sell it out!
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Certainly I would agree that there is a great risk for cryptocurrency like bitcoin because of its volatility. This uncontrollable dumping sometimes could put any investment sinking to the bottom in matters of hours and it is something nobody could ever control except for those big whales who had so much money to create an impact by trading on bitcoins.
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I think it was more of maturity than just any other reasons. I think people did learn that what really is feeding the real value of bitcoin are the investors that buys it. And without any actual usage nobody will gain as much. So how did those early investors get their profit? So it is for certain that it was because many are buying and holding it and selling when others came in to invest such that holders gain from the investments of others indirectly. And now these others we refer to might have made loses and now they are the ones who wanted to retrieve their invested money. And then as time goes by these investors have slowly made it outside the cryptoworld thus making the investor lesser by count. Which then makes the price low due to less demands.
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Yes it could be a national treasure but this would depend on how people values it and find it very much useful especially in their daily lives. Without much utility many might just consider it as something that doesn't really exist and as if nobody knows it. But if it gets into the senses of every individual because it becomes an indespensable thing then for sure it will be treasured and remembered as much.
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For so many years since its inception. Bitcoin had been the frontline of all coins and I think it will continue to be leading all. The bad market that we have experienced brought other cpins to top but has never succeeded replacing bitcoin. So I think bitcoin seems to be the measure of all if it is lost everything might just be in a chaos if cryptocurrency may continue without it.
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The government knows better than any individual. I know how people from the government sees each opportunity as good or bad. Not one mind works in the government to see everything is working in the real world of economics, so I believe it is always reasonable to do that. But closing the doors completely to possibilities on cryptocurrency development might be a bad thing because we know how useful it is.
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It is a smart thing to do to avoid so many loses. Hold it long term if you are not really afraid to lose money during times when market is bad. The more you sell it the more loses you have so it would be better to just hold it long time like some 5 years and up and see that many people may have already gathered around to use it. So the price may just be up just like what happen before.
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Well it was a good choice to start with nothing so that you don't have to worry about loses. Losing that is nothing wouldn't hurt so much. Through bounty hunting you can start at least a very small amount to start your life in cryptocurrency. If it is well-managed, you will always have a brighter future.
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I think yes. We know for a fact that cryptocurrency in general doesn't have any value at all. Except for an instance where it is bought. The price it stands for will then be the value you paid for say for it, for example in dollar. So the higher the value, maybe the lesser will buy due to its high price. Should there be any crisis I think the lesser will buy as well. So i think it does have any connection to the cryptocurreny wether it would be ethereum, bitcoin or all other coins.
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It is hard to replace bitcoin in the top spot. The popularity of bitcoin have played a very important role for its survival. So dominance over other coins may take even a longer time than what we might expect. Bitcoin will always be the king of cryptocurrency until an altcoin might just solve all weaknesses of bitcoin and put it as an additional feature onto itself.
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I think that is simple. Bitcoin started it all and the only popular coin that stood the test of time. And since then it has never been surpassed even with so many promising coins that may be able to break bitcoins achievements.
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It may or may not. Its a risk to be in cryptocurrency. Predicting things might end up in a failure that is why you have to know when to stop or move on. It is a matter of personal choice, analysis and skill. So if you choose to stay maybe you have something better in mind, or to move out because you never believe in cryptocurrency anymore. So it is up to you and don't ever make a FUD because it will only cause a stir and confusion to many when we just can't predict accurately at all.
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I am holding ethereum and the thought that it will go up was so disappointing. Only to find out that it did even dropped very low such that I was losing about almost 50 percent of the equivalent money. Yet I am still holding it no matter what. I believe that if it is not now maybe some 5 years from now it could change in value.
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I think so. Bitcoin had made a dip several times and maybe this could be just the one of those events that has been occuring cyclically as others termed it. I may agree that bitcoin will be just fine we will just need to keep holding coin until the market is well enough.
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