where have you been so far? sleeping? they have been manipulating the market so far with the FUD about exchanges being closed. and it has always been like this the price moves when the news comes out not when the news happens. by that time nobody would even care anymore!
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bitcoin is the last thing you need to worry about in case a war like that broke out. and you will surely forget all about everything else by then.
but many believe that in case of a war things like bitcoin will increase in price as people start investing in them to store their money somewhere safe and easy to hide.
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this is just the slow rise after the big drop. it will be like this until the upper resistance is broken and price can soar fast and big. it will be more ups and downs from here on out until the higher prices. and with the weekend ending we can expect more rise in this week.
i believe we will see this instability in October too but after all the dramas of this year were behind us we can see the big rise to break $5000
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adoption of bitcoin is increasing day by day, that part is true. but it doesn't mean the whole cryptocurrencies are following the path. of course bitcoin's fame brings a lot of attention to altcoins too but most of that attention will be disappointed and the rest will just use them as investments for short term to make more of bitcoin.
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Bitcoin will still bitcoin even without China. We are still going to earn and I guess bitcoin will still increase in the future, it will takes time but for sure its worth the wait. So hopefully, a lot of us will have a long patience.
True, and in fact the price is close to $ 4000, I'm sure bitcoin users will not be much affected by this issue and this is actually an opportunity for users to buy more bitcoin because the price is going down. the price recovery happens every time after the FUD ends. because each time after the FUD is at its max and the weak hands dump the others buy their coins and keep buying it until it comes back up a little. then the same weak hands start buying back again because they soon start fearing to miss out on the rise!
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Forget about it they are never going to include this option. Even if they do so how will they peg their items everyday with new prices. Price of bitcoin is too volatile. this only proves that you have never in your life bought anything with bitcoin creating a simple system that generates a new address and converts the amount in fiat to amount in bitcoin and asks the customer to pay it, is pretty easy. it takes time and server resources but it is easily doable. the very least is using a service like BitPay (like how thousands of businesses such as Steam are doing) and they do all that for you and pay you either in bitcoin or in fiat.
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"Despite Recent Setbacks"? what the hell does that supposed to mean as if a simple drop due to FUD could have prevent bitcoin from going to $25,000 and beyond that! this leads to believe that the authors are pretty new to bitcoin world and additionally they forgot to do a little history research before writing their articles. these "setbacks" are pretty normal for bitcoin or any other market after a long bull run and when that is followed by lots of bad news and FUD we are supposed to see drops like this. but none of it means the rise has stopped. it simple were postponed.
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this raises a lot of questions for me! first why would anyone want to conceal the fact that he bought a car! as far as legal things go, nobody wants that kind of privacy really except the criminals.
second is that i feel like you are taking steps backwards. with bitcoin you send the coins so to speak to another key that the other person only controls. when you are not sending on-chain and transferring the wallet you are opening ways for lots of fraud. and why would you even use bitcoin! use cash if you are that concerned.
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i have not checked all your prices and their durations but i am skeptical because you have mistakes. for example how are you saying from $2500 to $5000 was "not yet 2 months"!
first time bitcoin price reached $2500 it was 2017-5-24 which is exactly 4 months ago.
$1000 was also reached on 2017-1-1 which makes it nearly 6 months (7 days short) to $2500 but you said "4 months".
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Low recommended fees right now, with 60 satoshi per byte.
stop lying i just received a transaction with 10 satoshi/Byte fee and the tx size was nearly 9000 bytes and it was mined instantly (3 minutes to be honest). and it has been like this for a long time. Bitcoincash shills are getting silenced.
more like they stopped spam attacking bitcoin. Spam attack after spam attack unsuccessful.
i do not think they are happening any more though.
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they will eventually accept bitcoin!
in the past year the requests have been large enough to force their hands into adopting bitcoin. there even was campaigns and petitions to make Amazon hear people and show their interest in wanting to pay with bitcoin.
this so far is just rumor that has been around on the news sites but i have no doubt that pretty soon this rumor be it true or false will become a reality.
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if it turns out to be true and Amazon does really start accepting bitcoin directly not though third parties like it is doing now with gift cards and all, then it will be huge for bitcoin! Amazon is big and kind of global in many countries in the world and a great number of people are using it every day. if they start accepting bitcoin that will be HUGE publicity for bitcoin and in long run it will cause to a much greater adoption.
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any other sane person in the whole world would have "Concerns" about bitcoin. that is nothing new. every government in the world shares these "Concerns" it is not a thing to really discuss. if a country didn't show any "Concerns" about bitcoin then you have to start worrying about your government's competence.
and India has adopted bitcoin and that is the only thing that matters. just like China, Japan, Russia, Australia, US, Switzerland,...
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it is always supply and demand.
the supply part is how many coins are available, the total supply and circulating one. the miner rewards or the way it is distributed, the sell pressures these create, what other rewards there are,... and generally things like that.
the demand is affected by the technology behind it. sometimes it is purely speculative which only lasts a short time (mostly pump and dump) sometimes there are other things such as real world usage of bitcoin as a decentralized currency when people actually use it or the anonymity of transactions that Monero offers. or the investment in ICOs that forces you to buy ETH tokens. the size of this demand determines the price and type of this demand and how long it can last determines how long that reached price can last.
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Just two days ago he was tweeting that he heard from "trusted sources" that this was just the beginning of the China ban and that things would get much worse from here.
i sometimes think all these weak hands and everyone who repeats the FUD like a parrot has Attention Deficit Disorder! you people just read the word "ban" and then make up stories in your little heads have you read the whole thing, i mean the "WORD" that came literary after the word "ban"? i seriously doubt half of you even noticed the other word. that word was ICO not bitcoin! the two words doesn't even look alike so you have no excuse for confusing them either.
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i heard after JP Morgan bought bitcoin in the previous dip (after Dimon called bitcoin fraud first time) there are some people that have been officially filing something against him in Sweden because of market manipulation.
it will be interesting to see what they have to say to that when the law came down on them and they were forced to pay a hefty fine.
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I heard the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai,
ICO has nothing to do with bitcoin! unless you found out about bitcoin yesterday you should have known this already. relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
proposed plan! Chinese exchanges were closed because they didn't have any license and were working illegally. SO ,what do you think about Bitcoin' future in china? I would like go hear some opinions
nothing changes. the same thing is going on, the government is trying to prevent the illegal exchanges from operating and either close them for good or regulate them. bitcoin is still being adopted in China and in all the 100 something countries around the world. and the volume coming from China is even higher than before.
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already china has banned bitcoins is there any chance that other countries may ban bitcoins? When did China ban Bitcoin?? Wan't it just exchange ban?? in the FUD they banned bitcoin, and those who are shorting bitcoin are pushing for the fake news today again. in reality they have just closed exchanges (not banned) and banned ICOs (which has nothing to do with bitcoin since nobody even buys into ICO with bitcoin) and they also never talked about banning bitcoin so far. Damn! Then why so many people are sad for nothing? LOL! Atleast people should check the source before making claims. Enough of these rumors. People keep on propagating false news and ultimately who enjoys profit is bulk holders. When it comes to China, government has only closed exchanges. But soon they'll be launching their own cryptocurrency through which people can easily buy Bitcoin. But all the funds coming and going from bank would be under government scrutiny through their cryptocurrency. This is what they wanted to achieve. They never wanted to ban Bitcoin. well China is always known to be restrictive with all their great firewall of China and all the other weird stuff that is going on there. that is why people have an easier time believing the FUD the comes from China. in fact i believe it is possible that some day they even ban bitcoin. but so far in the past 8 years they have not done anything in that regard and this time they don't seem to have the intention either. about their own cryptocurrency i have to say it will be another option. it won't probably even be mineable and will be closed source which means it has no effect on bitcoin.
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What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoin is the mother of all crypto currencies and BlockChain technology started its journey with bitcoin only. So that pioneer status has made bitcoin immensely popular and enjoying the public trust since its inception. Bitcoin has made the blockchain popular and with it comes all the altcoins what we have today. Also the idea of decentralization came in to picture with bitcoin which got back-up from the communities around the world. Overall i believe bitcoin became popular because it was the pioneer in crypto coin. Otherwise, we have a lot of coins available in the market today which is technologically superior than bitcoin. the idea of "decentralization" was already around. specially in other fields. for example the file sharing (torrents) is a very good example of it where the term "peer" gained a new meaning. and bitcoin is similar with everything being peer to peer when they build on top of the longest chain that everyone shares. the idea of decentralizing money became famous with bitcoin though.
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there really isn't any "ideal investment range" for anyone. it depends on how much money you own and how ambitious you are. you may be well satisfied with a couple of hundred dollar each month or you may want a couple of thousands. and you can do both in this market.
as a started i suggest at least a couple of hindered dollar more if you can afford it and buy bitcoin with it. then if you wanted start trading both bitcoin and altcoins with a small portion of what you already bought and work from there.
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