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As financial center in the world, switzerland will leads others country to regulate cryptocurrency. Peoples transaction using paper money is low and i think switzerland will be center of cryptomarket if the government regulating market
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Buying on the dip is buying when market correction after the price rally. Its need technical analysis to determine dip or bear and sometimes its very difficult. Having knowledge about technical analysis will leads you reading market dip or correction
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I think Hardwallet like trezor is much more safe to store our coin and token. Its true better store our coin and wallet in hardwallet rather than web wallet because many phising link about web wallet. With hard wallet, we control our coin and token
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I am always believe that bear market will not last forever. In any market, i think there is a cycle and bull run will coming to cryptomarket. With current condition, many good coin having a cheap price and i think its an opportunity for buying a good coin with cheap price
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Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist  If you want learning about technical analysis, you can visit babypips website. On that site, there is a lot material about technical analysis and i think its useful if you decide to trade in cryptomarket. |
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Pretend that all the fiat money in the world is gone and the whole world is only using Bitcoin. Ignore scalability issues for this scenario.
I'm sure most of you know that most money is actually created by banks through fractional reserve lending. Our economy is stimulated by people constantly taking out loans to make purchases. But with bitcoin you can't loan money that doesn't exist. Maybe we would have to change our consumerism as a society and prices would drop. Being able to borrow money easily makes everything rise in price. What are your thoughts?
Government and central banks always increasing money supply in market to boost growth and i think thats can not do with bitcoin. Bitcoin already have limited supply and its decentralized system. But cryptocurrency concept should be working in our currency economic system That's why with the current economic system Bitcoin can not replace all fiat money, the two payment systems should coexist until a new solution for the world economy's vulnerability will be found. The thing is that the current model, although it is "boosting growth" as you said, inevitably leads to periodical collapses causing a lot of harm to many people. We should find a new model, a more stable one, and, as paradoxical as it sounds, I think Bitcoin can be a part of that model. I am agree. Government always boosting growth by printing more money and make inflation getting higher and its creating periodical economic crisis. Maybe its can not ended this periodical economic crisis, but creating a new system and change current system is big job |
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At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.
So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
Using cryptocurrency doesnt mean we dont have to paying taxes. When we buying goods with cryptocurrency, its already attached with VAT. Its true that government will turn to digital money but i think that not for bitcoin because bitcoin is decentralized cryptocurrency |
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I dont think USD will crash in near time. Its true that USD printed without any backup like gold but USD still needed for global transaction. I think Bitcoin time will come if economic crisis happen
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With the new Ethereum fork - Do we need to do anything with our ETH which is on a cold wallet
I am prefer keeping my ethereum in exchanger wallet that support Ethereum constantinopel. A few exchanger already confirm support constantinopel like binance, but its true that its more safe keeping our ethereum in our own wallet |
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Ripple is just going up and up, what is the future of ripple. I heard a lot of banks around the world start accepting it.
What would be its price in future.
Too many rumours about Ripple. Some peoples said RippleCoin is securities and some a currency. But i think ripple can survive for long time because have big community and having top market cap value |
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I think its true that bankers hate bitcoin because it can disrupting their bussiness. If people start using bitcoin as currency, i think banks will losing a lot revenue from every banking transaction because bitcoin offering fast and cheaper transaction fee.
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Every exchanger sometimes have different bitcoin price. I think i am prefer choosing price in exchanger because its more liquid rather than average price. Its good using average price when we make analysis but when we want buying or selling, better see price in exchanger |
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It is difficult to answer for sure here. Perhaps the government has its own plans for cryptocurrency, perhaps they understand that it is necessary for people, and perhaps they simply do not know how to influence it. In any case, it is unlikely that we can do anything and can just wait for active actions on the part of the government in relation to bitcoin.
I think bitcoin still continue in market because government can not stop it. With decentralized system, government can not touch bitcoin, the transaction data spread all around the world and there is no Bitcoin CEO. I think thats why government law can not apply to bitcoin |
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I think some Alts drop the price too and many good alts drop the price more than 80%. I think its the same with bitcoin because as main currency in cryptomarket, its affecting to most altcoin price in market.
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the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.
I think its hard to make bitcoin price stable because its depend on market. With limited and fixed total supply, people must be want having a coin and its make the price always fluctuating. I think bitcoin obstacle right now is on government regulation, many government in the world still not accepting bitcoin and prohibit it |
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There are lots of coins this days and more are still emerging by the day. If eventually cryptocurrency becomes accepted globally and it's been adopted for usage, do you think all the coins would be accepted for usage or only a selected few?
Many coin and token market are shitcoin and like pump and dump coin. I think there is not much coin with good and working product. We should making research first before invest and holding a coin or token. I think there will a few coin will survive for long term |
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Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Bitcoin created to make our transaction more easier and cheaper. Bitcoin dont need third party like banks for our transaction. But bitcoin is a store of value too and people can invest and gain profits from it. I think its not an easy way to be richer but its to maintain our asset value |
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After reach the bottom at $3200, bitcoin price volatile between $3700 to $4000. Hopely many good news coming to market in 2019 and bitcoin price reach highest price again.
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Without doubt, I can specifically say that the future of crypto is going to be a good one. I know people are doubting or afraid of its future but I want to assure you that crypto Can not die down. Although based on market situation, the cryptocurrency market conditions are bad but the market will correct itself because crypto is more or less capitalist market. Don't ever be afraid of cryptocurrency future but in you believe that you will make it through cryptocurrency. Encourage yourself and take the risk.
Its true, right now many people afraid for buying crypto because market drop to deep, but i confident the future of cryptocurrency market will be a good and growing bigger because crypto market will survive |
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Do you think Bitcoin still on the rise in terms of market capitalization ?
Bitcoin volume has dropped in the past three months, but continues to maintain its large share of the market. Maybe once the market regains strength again, the volume will increase. Indeed, bitcoin dominance rising in the middle bitcoin volume decreasing. But i think the volume will increasing again when market start to recover again. I do believe 2019 will a good year and the price will increasing |
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