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In my opinion, it could even go beyond $2500 this year itself. Another advantage of ETH is that it performs well even when bitcoin is in red so it is good for diversification.
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In my opinion, future of bitcoin cash is not good. If you see the price trends, it has completely failed to retain the price growth in last few months.
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Its been 5 months now, since I joined cryptocurrency ,I've seen many ups and downs in Bitcoin Currency and Altcoins even in those Rank 2 to 100 in Coinmarketcap, but I just want to clarify why every end of the year starts in September then up to December Bitcoin fly high, any fundamental reason why does the value of Bitcoin and other currency go up?
It should actually be other way as people might be spending a lot of money in holiday season and thus they could not invest much. But there are various other factors involved.
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Yes, you can invest in alt coin now as the market is expected to grow very fast. For long term go with ETH and for short term you can choose coins like TRON.
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I want to invest 500$ on altcoin but I really confused on which coin I can invest and my investment will be long term. Please experts help me to choose altcoin to invest.
In my opinion, you can invest some money in Tron. It's main net is coming on 31st may 2018 and it will certainly pump before that.
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You are seeing more red because:
1) People who were stuck with their holdings are selling when price rises.
2) Negative news also results in pushing prices down.
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It will take time to rise but there is lot of scope for growth. For any coin to pump, you should also see bitcoins in green.
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It has also survived and grown strongly even after so many accusations from different people. I think it will only get stronger with time as more and more people start using it.
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I heard that the owner is getting sued and he already started making changes on his website. I hope he is punished for fooling new investors.
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No, it is not some rocket science, all you have do is to follow the news related to crypto. In fact, I must admit that it appears at least 10 times easier than stocks to me.
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I've had similar experiences. The Bitcoin payment system gets too little use and staff forget how it works. The line piles up and it's not nice for anyone. The underlying problem is that a second, disconnected payment system at a physical store is a lot of hassle, and the benefits of Bitcoin don't make up for that in every case.
Thanks for sharing real life experience related to bitcoin use. It gives us a better insight on the current situation as opposed to the fancy threads made here by some members.
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So this former PayPal ceo has claimed btc is the worlds biggest ever scam! let me deconstruct his argument. His arguments were as followed and filled with half truths and your typical anti btc arguments;
1) Useless as a currency due to volatility.
So this at the moment is kind of true, not many vendors are accepting btc due to the fact the currency can swing upwards/downwards of 10% in a day. But this is completely disregarding the fact that we are at such an early stage. Price discovery is still a real thing and if you look back at any emerging markets this volatility goes on for years! BTC is 9 years old.
2) No intrinsic value
Is having a completely barrier free value transfer system operating completely neutral politically accessibly by anybody with an internet connection not a value? From up in his ivory tower maybe this isn't valuable but for the billions excluded from the financial system this will one day be life changing
Another thing to add. Peter theil who is also a former CEO of PayPal is one of the biggest proponents of crypto so take this article that has been doing the rounds with a grain of salt
He is the former CEO of a competing company, so his opinion will be biased for sure. PayPal is having a hard time already, I heard they made a lot of changes to their policies recently.
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I am reading somewhere that Bitcoin and other crypto currencies illegal in India as per Indian central bank announcement. In some other place i am seeing RBI advises caution on its use, bitcoin is not illegal in India. Which one is true ?? Any clarification about this?
Now the matter is in court at one exchange has filled writ against RBI decision. Next hearing is on 24 may 2018, let us see what happens.
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I am financially secure,enjoy financial freedom,i am prosperous and happy,i allow money to work for me.
Good for you, do not forget to share your tricks with family and friends. Also, help the poor and privileged with the money you are making with bitcoins.
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This really an interesting question and in my opinion, bitcoin can help poor people and the middle class. But current situation shows that mostly the rich are benefiting from crypto.
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if a beggar asks you for money, what will you do? what if the rules in your country do not allow money to beggars and if you are still willing to give then you will get a fine. so what would you do i'm having this, try to give me a solution .. thanks If will have to follow the rules and laws, but you can look for loopholes. I am sure that giving food might be allowed in such a case.
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I don't know where side to go a lot of news saying that marijuana is a bad influence such a drugs but there's a lot of people who's telling they got improve with their illness through the marijuana herbal if the government make it legalized they have to implement a heavy law to make the consumer safe
I think as long as it is used for medical purposes, it should be fine. But the government might be concerned about illegal use and if they fail to control it they make such laws.
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Gold is far better than volatile btcs. The former is physical portfolio that assures investment benefits but not like thos virtual cryptoz
Yes, you should be content with 10-155 annual return with your gold while we make that much in a day. It is funny to see people still sticking to gold or other traditional investments.
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Most promising skill to learn within blockchain space is smart contract coding in ETH as this will increase your chance of getting hired by any new Startups that want to run ICO on ETH. There are thousands of new ICO popping up everymonth and as a smart contract developer you chance of getting hired by one of them will be quite high. Also you will be paid handsome amount both in crypto and its own token and you can work from home, no need to travel.
Is there an online course for this that gives certificate ? I do not think any university has such a program yet.
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I think to 2020 it will become No1 and the most popular currency in Europe and Asia If that happens all the banks will collapse and governments will never let that happen. They will start banning bitcoins everywhere.
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