Everything that sounds too good to be true it's suspicious, start with that. Among so many projects and opportunities sometimes it's hard to decide what to choose and what might be a scam but always check every information you can and try to do background check, internet can help you with that. Don't be tempted with promise of high profit, that is very often a trap.
indeed what should make prices go up is from the development of the project and from the increasing demand, if a project can create a solution that can be used by many people then it is certain that the price will be very expensive and the number of requests can be one of the reasons for rising prices.
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Not yet, it needs to reach even more consumer confidence and better showing it to other users. it takes time for something like that to happen, but it will surely happen, maybe not like bitcoin, but cryptocurrency is the money of the future.
if you say there are less consumers, I think there are already very many consumers and demand is always increasing, but the problem is still a clear regulation about the use of bitcoin in every country, when many countries have received bitcoin payments and many transactions have used bitcoin it will be very easy to make bitcoin a global currency.
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I think for those of you who are doing KYC on their platform you should be able to be careful because your identity data can be used for crimes that can be done without your knowledge, avoid threads like this and don't give away your identity easily.
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currently a lot of speculation is circulating and states that the prediction is correct but you should know that the price condition of cryptocurrency can never be predicted unless you have a lot of money capital and have a team that can spread bad news or good news that can provide price movements because many will be affected by information circulating on the internet.
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from 2018 until now I have not invested anymore because I have no more capital to do that, now I prefer to do short-term trading that I think can make a profit even though a little but can every day get results that can be used to buy necessities of life.
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I think since it was first released until now bitcoin cannot be controlled by anyone. including China even though China is a strong country and most of the traders and miners of bitcoin come from China does not mean that China can control bitcoin. bitcoin remains decentralized. until whenever I think bitcoin will still be decentralized. bitcoin price movements are only influenced by demand and supply.
indeed bitcoin should never be controlled by anyone and the Chinese government only gives a statement that makes all traders panic but it should not need to be feared, traders should be able to take advantage of this moment to try to profit from the movements made by China.
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when for long term investment and very much profit then I prefer to multiply bitcoin and real estate because in my opinion both of them can provide a lot of profit, for cryptocurrency can provide profits with a fast time and for a stable one can use long term investment can use Real Estate because every year the demand for both of these will always increase and many will be used by many people.
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if ethereum can increase demand from all over the world by legalizing ethereum usage and payments then it is certain that ethereum prices can be very expensive and can even reach more than what is said by the OP, because I believe ethereum can do like that, still hold ethereum as much as you can and do not sell until the price rises to become expensive.
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Most long-term traders suffer losses by the end of 2018, and I think many people are selling frantically at the time. in fact, I also suffered losses due to the falling prices that occurred at that time and sold some of the assets that I had. however, I did not count the losses I got. some people certainly do things like I do, because seeing the value of assets in the wallet alone is already stressful and dizzy ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I think traders who implement long-term trading only prefer to secure their assets while still holding it and not sell it at cheap prices because they know that selling their assets at low prices will only make a loss while the price of cryptocurrecny has the potential to increase prices, maybe that reason can be one of the reasons of all traders who implement long-term trading.
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I think I will not close my bank account. I need my bank account for now because it is where I store my fiat savings. I also need it for my payroll. Another thing is that banks are offering loans and credits for me. I cannot avoid but take those offers whenever the need arises. That is how important my bank account for now. But I prefer that my bank is crypto-friendly.
indeed the bank can still be used even though you already know bitcoin and other cryptocurrency but not many people have received payment using cryptocurrency so that today the bank still has a very high contribution for many people there are still many who use the bank, and indeed you shouldn't need to close your bank account.
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indeed all cryptocurrency including bitcoin has potential for scams only that can still make cryptocurrency not scam, even ICO and IEO that are not scam are from requests and their use in a society that is increasingly the key because if there are no more demand then surely a cryptocurrency will be scam and no longer active.
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cryptocurrency that can survive in 2020 and can be the best cryptocurrency is bitcoin and ethereum because the best cryptocurrency assessment can be seen from how many requests and trading volume every day and to remember that in cryptocurrency no one can provide a good guarantee.
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Lol. This is so funny. For you to have called it free money, it shows you expect too much than you worked for. In as much as you have been promised a certain price at a certain time, it would be in your interest to know that the promisers are no soothsayers. Neither are they time travelers. The crypto world is an unpredictable place. No assurance! Anybody who assures you of anything isn’t telling the truth.
The OP is only affected by McAfee's deception, maybe just giving a joke to all connoisseurs of cryptocurrency but there are those who give serious responses like this one so that he feels victorious and feels he can get free money.
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We must give 100% of ourselves to succeed what we want.
That's too much, care for yourself and your family also if you have. Don't trust too much and don't your efforts too much, leave even a percent or two for a chance of comeback whenever you fall or fail. Because if you fail in 100 percent you fail big time and there is no coming back. it is not good if you spend it all at once, it is better to divide from the capital used for others, do not let you go bankrupt and spend your money only for cryptocurrency, you should be able to be more wise when using your capital.
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$ 500 is more than enough for newbie. at the first time, you shouldnt think about how much profit you will get, but knowledge learn more, do more, make more mistake, those make you better to be professional trader last but not least, never give up until you would be good trader.
with that much capital, new traders must be able to learn how to trade properly and correctly because if they do not learn it will not know how to buy and sell coins at the right time, to learn to use trading capital of $100 and the rest is used when it is correct really understand trading.
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when there are assets that have cryptocurrency support it is very difficult to happen because for now cryptocurrency still has no legality that can make cryptocurrency can be used for all payments in the world, so no one can provide a clear guarantee of cryptocurrency because it still does not have support from governments throughout the country.
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The bank should not be able to control bitcoin because it is very clear satoshi nakamoto provided information in the bitcoin whitepaper which shows that bitcoin was created to make money that can not be held by anyone so that bitcoin will only have movement and have value depending on demand and depending on supply availability .
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IcoBench websites like that cannot guarantee ICO scams or not because websites only provide ratings and dare to make ICO lists if they pay a bitcoin to be listed on IcoBench meaning they bribe them and there is no pure, better you should be able to be careful when participating in an ICO.
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There were cases of huge national debts that were totally scrapped. That is one thing that we should not be seeing. That implies one most important thing, that the fiat system is perfect in its imperfection and is not reliable at all. The system is as flawed as it is being ruled by people whose subjective decisions will put other people or countries at the cruel end of poverty while the others live a decent life. And only for what? Only for their decisions about a certain fiat which has no actual value in truth.
Such cases should not be easy to erase because they will not have any responsibility at all, it is better than any debt must be resolved fairly, the system is not instantly able to be good, only all the systems used can still be revised and carried out evaluation so that it can create a strong system and no more disability. such a process must be gone through and is mandatory because it can later provide a powerful system.
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The information you got is misleading. China didn't really banned holding cryptocurrency... But why does some countries ban crypto? Maybe because the government see it as a threat to fiat currency... As for China's current status on blockchain, there's a big possibility that they will use cryptocurrency. But not those existing currency, they will probably create their own currency, specifically for China that are being controlled by their government.
They will not expose the trend cryptocurrencies. chinese government is wiser than us so we can expect this things to happen that other crypto coins are not supported by them but it won't banned crypto because their own coin will be useful for them at the right time. I am hoping that china's move will be the step of other country to support cryptocurrencies and make it usable for everyone. it is true that the government has not given a restrict on the use of cryptocurrency but currently in China I think this is still a bit of a problem and fear when using bitcoin or other cryptocurrency when making transactions, even though there are still people who still accept cryptocurrency as a payment that can be done in his shop.
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