Nobody gets to know ethereum or ADA or binance chain before hearing about bitcoin. Bitcoin is the main reason for this whole ecosystem and all altcoins to exist.
Thats true and if btc ever reach a 2k price. Dont expect the altcoin markets to be still alive, for sure many will died out and only those major and sustainable project can survive a heavy impact like that. Bitcoin will be the leader no matter what. So dont be shocked everyone, to see a bloody market if btc not moving well.
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I have seen Bitcoin go down in the last few days. And it also affects the price of other coins. As a beginner, I would like to ask the seniors in this forum. Why does Bitcoin greatly affect the ups and downs in the price of other coins?
Thanks in advance.
Because its the main coin or the leading cryptocurrency. Almost all of these altcoins are in pair with btc or so to say that has been related to bitcoin. Its safe to say that whatever bitcoin price, all other coins will be affected to it. Its like in some stocks once a major stocks go down, some companies are also being pulled of. But this isnt always the case, its just my observation on crypto trend and so far, it is what happening when btc going down.
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A lot of veterans I talked to back in January/ February had exit plans that were going into action late summer and early to mid fall at the latest. That was a majority of veterans. I think bitcoins dropping to its new bottom slowly but surely. But it won’t go past ath for a while. It has been nearly a year and 6 months. Historically it probably means the btc 2021 bull run is over.
Dont say it overs when you actually seen it happened. Yrs bull run is finished but there is no guaranteed that this is the end already. Many rallies were made and seems btc still holding up, since a lot of institutions buy in. Not ti mentioned Microstrategy that is owned by Michael saylors. We can hear a lot of speculations but for some who believe in bitcoin. There is no bear market at all, as bitcoin destination is always as it is. Go up until massive are into it.
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Huge dump means not totally crash. Maybe this onr is considered as correction. Yes its partially needed to have a good market outcome. Everybody who has panickinh right now will definitely gonna lose a lot of money. It is really shocking to see how many are already got scared of. If you trust your tokens and coins then just hold it. The market is not always on the upper limit, we must be patience also when it goes down. Well if you are not a trader then dont bother, only investors will understand that there is really nothing to get worried about.
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For black hat hackers there is no bound by legal or illegal but the 51% attack is clearly a huge blow to such network. No one accept it as is but definitely no restriction to do so. You can compared it to bank robbery, and major sabotage to such defi or crypto project. The kind of activity is illegal since its a theft thing. For sure many will said the same thing.
Regulated or not but the method it do? Of course its 100% illegal.
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today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
Thats not gonna easy for new players to embrace. Probably they are not accustomed to how bad it is when the market is crashing and eventually will sell off their load once they saw their asset falling. Anyway for them to realize that crypto market isnt easy money shoulf reflect on this situation. Buy more when they are heavily sellinh thats the only way you can take advantage of the bargain price. If you bought higher then average it by buying cheaper price.
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Hello there i am finding it very difficult to find right bounty campaigns and manage them...can any one give me the list of telegram channels of all the bounty managers or is there any website for that. please help me with that
Thats gonna be your own. There are no compilations of group or users, actually before I am compiling a bounty list but I stopped due to some of my real life activity. The only thing you must do is do research and make sure you are investing on right project. Doing bounty isnt easy so better not to waste your time doing that if the project seems dont have potential.
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Very specific topic but certainly a trader can do some trade and become an instant holder. Nobody losses holding for long term, hence they just earned through time as the coin or token they invested is growing. There are times that just by holding we could earned a lot especially if we just wait for the right time when should we sold our tokens.
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Witch Bitcoin Wallet is the Biggest?
Satoshi Nakamoto?
where I can Find it?
Probably exchanges hodl the biggest bitcoin as they need it for operation on the market. But you can find such wallet by whales but of course their owner could be unknown, since its quite dangerous to publicize some wallet or labeled it as yours since you can be easily targeted by many hackers or someone that can exploit your fund through phishing.
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It is a wise decision for poor countries, to my mind, to adopt Bitcoin as a means of payment. They can’t cope with the inflation of their weak state currencies, so maybe crypto is the only solution for them. I think that it is a really good thing for citizens as they get more freedom, but it is not very good for the government as they lose control over finances, but I think that this tendency of accepting crypto will continue.
What do you think dude? The poor country taking advantage of the bitcoin craze? I dont think so, yes there are countries would probably make it as a path for that reason but Countries like Panama would probably be a good start especially when El Savador intiate it. Inflation is a huge problem but adopting crypto out of it will definitely help it somehow.
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The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? Thats a big challenge to them but Im gonna bet my money it wouldnt happened. Ethereum is build and famous among cryptocurrency community. Beating it is like needing the support of everyone using it, so do you think it can be done easily? As far as we know cardano still have problem with their net integration, and its not gonna be an easy task to atrract users of eth to migrate to cardano just like that.
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Is there a way to increase one's account rank by talking to a moderator and providing the legitimacy of your project?
Any advice will be greatly appreciated.
Thats definitely a way not gonna work here. You see increasing rank is done by yourself and ones devotion. Learning here by posting and creating helpful topic could gain you merits when someone appreciate your post. Im also a newbie before and started from a very hard journey but along the way you can used to it.
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Until when? I thought before when volume 2 will release this problem will solve but it is not. I can't even transfer my token even I have a balance of $20 Eth in my wallet.
As much as Id liked to transfer too some of my tokens or sell I cant due to this, what can we do? Actually nothing for now but to wait, until when thats a question I couldnt amswered cause even the developet themselves arent sure when everything can be fixed. Its not actually a problem itd only an effect of too much usage on their network that cant be accommodate due to congestion.
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Possibly. There is a candidate for President that shows his cryptocurrency support when he became one. But I dont want to think that he only do that if he wins and if not if he loses. Bitcoin adoption comes from a responsibility and must be uphold whether the condition isnt favorable to him. But if he wins, solely his focus shouldnt be alone on that aspect but do his duty as leader of his country and not just bound by hype brings by El Salvador country.
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Dont be shocked dude, with current pumped of ethereum network and all the trend in the nft. There are lots who are using the network that probably cause the gas fee to increase. Maybe eth has problem scaling it and thats for sure a long time problem in their network, but Im sure Vitalik are working off his ass to have a solution for this. But if you want a smaller fee then you should do other networks like avax, bsc, polygon and fantom.
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6. The best you can do is to choose someone to follow, whose step and footprint in the forum is what you wish to attain, then you see what he/she does so that you attain that.
There is nothing wrong to inspired by someone but deliberately follow someone footstep is like making yourself pressured to reach the goal he did. Its better to stay om your feet and who knows you might end up being greater with that someone, let him be a guide on you but dont ever imitate someone just like that its kinda weird. Anyway OP, your suggestions are all good nothing wrongs with the points you emphasize here. But organically, you dont need to follow it, cause sometime some doing it but still they dont progress well.
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Nice question. Without bitcoin interference on my life, I probably not able to gain some of my asset in trading and investment. I am able to provide some that arent gonna get on my current work. Yes money involved in btc is big though Im also earning a good pay with my work, I am able to enjoy the suspense and thrill of investing on bitcoin and some of those cryptocurrency. So Im not sure if Im gonna be happy without btc, if suddenly it will be gone.
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For me its the same however, in terms of superiority, use cases and legality. We all knew gold is the winner here. On the other hand, bitcoin somehow gives us a very huge profits but its not all about profits since its value could also turn down anytime. So we cant say bitcoin is that sustainable compared to gold that every country accepts it for its very spread usage all over the world.
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1. If you are in for the tech, what is the problem your favorite project is solving?
2. If you are for the profit, how are you generating one with the coins in your portfolio?
I think I am with both with 70% on point number 2. I think majority here are also for the 2nd one. Cant really say for some but, I assume that many are prefer profit over a high improvement technology. Yes maybe I am also for the tech but gaining profits is a must or let say, even though I am later with those tech as long as Im gaining then thats cool already for me. Anyway thats on my part, cant really judge some who are into tech and not thinking the profits beyond some newest projects.
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I think avax, dot and ada are the good ones among the list. Actually all are good but these what I mentioned have a wide ecosystem that could rival ethereum someday. Especially avalanche. Many are joining their ecosystem as they create a lot of way to expand their network to different chains like ethereum. Also they have some major dex that has huge TVL that contributed on their success.
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