Just because it is a stupid thing to buy doesn't mean it is a scam. The mining companies usually do what they promised but it is a dumb investment. It is like a car dealership selling you rust protection or something else that isn't really needed but you are still getting that service so it isn't really a scam.
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Why are you so confident that new exchanges can't topple Binance? Companies don't last forever and they can easily be overtaken by newcomers.
Saturation just means more competition which should hopefully bring us better service as they all try to undercut each other for lower fees.
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These are the most likely coins to make a lot of quick money. What are you guys holding?
I don't have interest with those kind of coins anymore though I have one on my portfolio but I already abandoned it. I don't hope that it will increase in the future whether the bull market triggers. This strategy of investing for me is good for few people that are good in taking the risk. But for a newbie who's thinking of getting rich quickly with these kind of altcoins, think slowly and realize that this is a volatile market. I see that starting from rank 110 coinmarketcap coins, most of the coins there are already under $50M cap. I still think it is worth the risk to use a small part of your money to gamble on these really low cap coins. I've seen too many coins go 100x from the sideline and for me to just ignore them completely would be foolish.
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I recently heard this breakdown of exactly why this system is a danger that I thought was quite eloquent and does a good job getting past the "conspiracy theory" aura around this discussion and covering factually possible application. Move away from the densely populated areas. Buy a simple phone: https://www.punkt.ch/en/products/mp02-4g-mobile-phone/#buyGo through Wi-fi and LTE data withdrawal. Switch to a simple phone/text plan. Eliminate Wi-fi around your house, use Ethernet. Limit social media use. Read books. Talk to people. Exercise. Don't worry about it. That won't be possible when they want to bring on global WI-FI at blazing speeds that will be shooting through our skulls. It will be everywhere and you won't be able to avoid it. Expect IQ levels to drop, cancer rates to rise, and migraine headaches. Human's aren't adapted to deal with this stuff.
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This is mostly wealthy people since poor people can't afford to even attempt this. Let people do what they want as long as they are not harming anyone but i do agree with Techshare's sentiment. Its usually the millionaire type with fancy cars and other material items that has to prove to himself that he is king of the world because his fancy objects no longer do it.
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Blockchain related jobs are not stable in the slightest and I would tell anyone thinking about entering this field to be careful and have a backup plan for a more traditional job. Many companies went broke and the price of crypto is so volatile that it can really mess you up.
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Reading the note posted by the OP it's not clear to me if what Facebook is going to launch is really a cryptocurrency or not, they don't say if this coin will have its own blockchain or if it will not have any blockchain at all, according to what is written there it seems Facebook is going to launch some kind of internal payment processor with an “in-game currency”.
Sounds like this coin won't even be a crypto currency and will just be stored on a centralized database so they can implement their own payment processor. More like a video game currency than being in any way related to bitcoin.
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We know that gold and silver were the real money before we knew fiat/physical money. After fiat was printed in many countries, gold and silver become precious and have a high position in the economy and some people use gold and silver as their investment. But we are now live on the digital era, and we already know that cryptocurrency existed around us, and I think cryptocurrency could be the next currency or the next fiat, but it needs approval from all countries. And with the developing of the technology itself, the print money will extinct and we cannot find the resources, I think the government then will think to solve this, or they could have a serious problem in their country. But mmm that is far away from me because I am not an economist either.
There is no question that in today's modern world, fiat money represents nothing more than a promise and in many instances that promise can easily be broken due to the government's mismanagement and wrong priorities. For me, fiat money equals the government and because no government will ever survived the test of time we can say that the promise has no real value especially viewed in the prism over a period of time. Only gold and silver are able to survive the litmus test of time and usability that is why fiat money should have been tied to them...but bureaucrats think they know better so they print and print more money away from the backing of gold thinking that they can change the course of history and that this time it could be different. Time will tell us that this a very dangerous idea. History will definitely repeat itself because we have never learned it. We need regular people to stop accepting fiat and just flat out refuse to use it. They will put governments in real trouble and would bring the power back to the citizens. All it takes is a few people at first before a chain reaction sets off.
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You can always go the seasted route like Elway and claim you have your own country. Then you have no rules to follow and can do whatever you want. But seriously most of the island nations in the Caribbean have very lenient laws and it is why many crypto companies set up shop there.
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If the real satoshi was ever proven without a doubt and he was still alive he would be one of the most targeted men on this planet. He would need bodyguards 24/7 and top notch security because people would do anything to him to get a hold of his bitcoins. Its not like you can go steal stocks, property, and bonds from a different billionaire but once those bitcoins are in your possession you are the only owner.
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Low risk gambler = loss eventually High risk gambler = the winner
Let's take a look for Dan Bilzerian as the winner, he not gamble with low risk / low capital,right ? He have guts and luck so they meet at the perfect time !
I think Dan Bilzerian fabricated most of his past. He got most of his money from his father, who went to jail for defrauding people. Of course he plays poker but nowhere near the pots he was routinely claiming. He uses the whole poker story as a front for how we really obtained his money.
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Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!
End of story! Ciao!
that's why Bitcoin was born. Satoshi has limited the supply and it shows its value at the present time. As you can see, when Venezuela was attacked by hyperinflation, all the people put money to buy Bitcoin and as a result, the most traded bitcoin in Venezuela. This is a market that can save the economic situation for some countries. We should be glad that the crypto market is born. I don't believe bitcoin will really change the economic situation of poor countries. It is just another way to transact wealth digitally but without a middleman. It won't provide infrastructure and resources to those countries. I guess it could open up a mining sector if they have access to stable electricity but that is the only real way I see of it bringing wealth to countries like Venezuela.
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It is common sense to think first and foremost to Leicester city , I remember people who had bet 20 Gbp for Leicester to win the Premier League with an odd of 500 or 5000 don't remember exactly but I think it was 5000 and a few weeks before the Premier League that year was about to finish these persons were cashing out like 30.000 Gbp because of being afraid that they could have lost it.That is the greatest underdog story for me.
That is also my number # 1 choice, I still can't believe the were able to win the premiership against all those ultra wealthy teams. It only took a $200 bet to win $one million which is ridiculous. I doubt we will see anything like that happen for a very long time.
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I don't think any paid bots are worth the money, think about this. If the bot was so good at making money why would the owners even have to sell it, they could just use the bot themselves and make boatloads of money.
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Everyone was counting out the Raptors when they went down 2-0 and many were even calling ofr a sweep. Giannis really let his team down and this series showed why Kawhi is a much better player. This will be Toronto's first finals appearance and even though they will likely get destroyed by Golden State they had a great season.
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right, just like me where I keep holding coins from the bounty campaign that I previously obtained and partly I invested in btc and eth. at this time prices have started to rise and hope is back
I am also always holding coins from bounty campaigns even for a long time because I am sure if the project continues to develop it will definitely rise higher in the future. Hopefully what we hope for so long can happen as long as the market can still maintain this bullish sentiment for a long time. That isn't a bad idea, you never know when a coin will shoot off after being stagnant for a long time. I've seen coins that appeared to be dead for years while development was still quietly underway only to rocket up over 20 fold in a few days.
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He was obviously around during the early days of bitcoin but most people don't think he was the original creator. Of course signing those early keys would have done away with the doubters but he could have always obtained the keys from the real satoshi since most suspect he is dead.
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Just because something has low adoption and the price continues to drop doesn't mean it is a scam. Some things just fail without any malicious intent. The SV and BCH forks are still holding good value so some of the forks have been successful. Keep in mind that these low hashrate coins can be 51% attacked very easily.
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You can create as many clones of btc as you want. Maybe you will be a success like ltc but you need to build a community from the ground and spend a lot on marketing. It is not as easy at it used to be because of all the new coins trying to compete with bitcoin.
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