Having stable coin is for those who are scared to risk in the market movement, if we were not to believe that our capital and earnings is not yet in good state, then switching to stable coins can be a solution for peace of mind. If we prefer to wait and once we decide it to trade to alts we wanted. It will only take us away in the idea of seeing our coins too dip or too high. Meaning no profit at some point.
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It been so long since waited to release, many got too excited some makes assumptions, FUDS and fake news integrated that makes it unsuccessful. The idea should benefit the market but it goes in different way since there are still task then needed to implement or some points that are missed. Many doubt it due to performance. But that's how the market is, we must still try to survive even the market is not in our side. Now, Bakkt need more time and as the progress goes and if will be handled carefully by a responsible team then it may soon really benefit the market soon as what we wanted t purpose to be.
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He created something beneficial in every industry and it might change his normal life once he got revealed. The reason maybe he still unknown is like bitcoin, he want it decentralized and no ways of which it came from meaning hidden. If ever he will reveal himself it should be before it reach BTC ATH if hes really into showing his identity and yet what really happen is many fake people assumed they can get the privileged created by The Satoshi. Though we will all be excited to know him,the man who started this, I guess he really have no plan of revealing his self unless he's up into something new he created.
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The most important thing that I realized is that the first thing you should not forget is profit taking. No need to be greedy, this is the road to nowhere. Always take profits. Even if locally you make a mistake fixing yourself ahead of time, globally this will give you a huge influx of funds.
I realize this too when the next pump or bull run is nowhere to be seen as of this time. Getting some profit to secure real life financial spending and to secure some amount better. But we all makes mistakes, became greedy and regrets it but we must move on and strive harder to gain even the market is not in favor of us yet.
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Venezuela have more extreme cases with their economic where their money do not have value any more, bitcoin could help cases of Venezuela but take step by step how to recovery their money value with using blockchain and bitcoin for the future.
They can also replace bitcoin as their currency in the future but not until they make their economy fixed. Their currency seems to have no value due to the extreme inflation of their product. Their political crisis must be solved before they can implement the use of cryptocurrency as their currency.
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Its always happening like this for last few times. Crash dropping in btc which brings the whole market down. And in few minutes it recovers to the maximum extent. Not sure whether this is any bug or somebody doing it intentionally.
There might be no current reason why there is drop in crypto may it be personal reasons of holders. We should keep it unless we really need the money now since BTC have limited supply once there will be a big adoption we will sure earn a lot from it. These is the risk in investing even in any industries. We must learn to analyze and predict it, if our predictions went wrong we must not lose hope even the popular people in cryptocurrency prediction fails.
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It doesn't give benefit to the cryptocurrency people because instead of giving them benefits, the KYC put them at risk. By collecting personal information and documents about the person, it put them at risk by getting their identity stolen. The people who collect the information can easily sell the identity to the black market and make a lot of money. For me, it is unnecessary to do KYC.
It's really unnecessary but the project or companies government were they exist force them to do it so, to make their business established and legal. Before, ICO can do crowd-sourcing without the worry of the government asking them their clients or investors identity records, as it seems to be a treat in the government as we know some countries ban it as they believed it is used in illegal transaction , they created such law in crypto related companies. What we need now is to check the company and their process of conducting KYC whether it is legit and will not reveal our identity as much as possible.
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Always expect the unexpected so better be careful in buying and selling our investment. Make sure we only have the potential coins and we didn't let this chance pass to by the coins that we think will be able to remain in the market. This bear market is the only chance we will be able to buy them at this rate like what happen in BTC that may not fall into $5k again.
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I wonder how will you be able to manage a bounty campaign without the ANN Thread, there are times when I read bounty campaigns I also read the ANN Thread just for checking of its credibility and project objective. It is also needed to attract investors and to have a community that will discuss the details of the project. It provides interaction between the projects admin and crypto-users since some group in telegram is no longer discussing some important details or due to many interactions it is hard to retrack the discussion. ANN Thread is still needed specially for start-up , just see how the established gets now and still have ANN Thread.
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It maybe the normal market now, the price in 2017 is way too high that we always think that we were in bear market, if no mass adoption will occur we can see the stability of prices of bitcoin this past few months, the correction is just happening to correct the prices that happens in 2017, seeing how the price before 2017 we can say that today's price is really high.
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Bitcoin affects often the price of other cryptocurrencies since some projects were based in bitcoin or in ETH, remember when the price arise almost all alts increases too same when in goes downthread. Some altcoins may only affect bitcoin if they have development that will make bitcoin holders shift into altcoins.
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Bitcoin is already popular in Hongkong or in China, they are just forbidden to use it before since China is known really in opposing cryptocurrency, due to this war only they decide to have their own cryptocurrency similar to Libra. Since they see how it process and they knew they can have transactions without being traced by any. Hope their war will end soon, it will not benefit their country and their people, they both have same raise so they should learn to understand each others point.
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Money is considered as medium in anything. It might be acquired by technical analysis. Some from the political views. As a medium of doing transaction it's not necessarily by political only. Some people use money and don't give a damn in political issues. It's too wide to be just in political area.
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Is this thread even real, I mean the post and essence of buying crypto to sold something that is already considered more valuable and a good investment too as real estate property or can be rental property. Some do trading to save and purchase fro their dream house and this post do it reversed. If you own many house then you may did a good decision if not then you must atleast good in trading that's why you accept the risk of it since you know you'll be able to make it earn more thru trading possibly.
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Looking At September 28 price of ETH it isn't that low but it already increase this past few days, meaning there are already some investors who take advantage of the ETH price. It's still OK to buy ETH now since we already see it reached it ATH before and like in bitcoin ETH always have chance to pump, it have many uses and it supports many projects that are ethereum based.
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for example: prize allocation for a campaign (signature) is around 2,000,000 tokens and if the project only has 1 participant in the campaign (signature) and when the project has been completed or not scammed, is it true that the participant will get the sum of all tokens (signatures)? or maybe not at all, for other reasons?
Projects owner or admins will not make it happen . Some projects in Bounty Threads already requires number of participants if that number is not reached some amount of it will be transfer to other allocation like in social media. Its also impossible that a legit project will only get 1 participant seeing the number of users in this forum its definitely not gonna happen in any good project. There might only be few participants if that project requires some installing or registration in other software to be able to join or to acquire the wallet needed to participate but I doubt only one will try it.
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USA have not banned crypto , you have been reading fake news in this case. There are several big crypto exchanges which operate in the USA, I doubt that new exchange will get new investors , they will just get a piece of the existing customers.
I thought Im late in some news that Crypto or exchanges is banned in USA, definitely a fake news. Though Binance will gain more US supporters or investors too in these event. Some investors who still finds crypto risky might have a second thought of trying it now since it was legally registered and accepted in their country. Binance is aiming to be more known exchange for every investors so being registered in a very potential many investor country is a good step for the them.
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Investment offers a lot of room for capital growth. Take advantage of compound interest and don't be captivated by the risk it offers, every decision as well in investment requires risk but if we are dedicated enough to study where to put our investment and do our assignment to check it before investing it lessen the risk. Have investment as young as we are and healthy but still have some cash or savings that can be used if urgently in need of money.
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No, I don't think that the old investors decided that bitcoin is a scam. I believe that they still hold bitcoin until now and sell it some to buy back more bitcoin. They already sold their bitcoin in 2017, and they bought more bitcoin when the price is down deeper. I am sure they are happy now because they can buy bitcoin in $3000 price level in a few months ago and now, they are ready to wait for another bull run. The dump and the pump will always happen at the market, and I think you don't have to surprise. The old investors already knew that, and they always prepare for the worst thing that can happen in the future.
Knowledgeable investors will not sell all of their bitcoin, maybe some of it but they will sure to left some in them knowing how the bitcoin behave and all it goes through in the past, from sometimes being mined and forgotten to being rich when it pump too high. It have it cycles and those who see how bitcoin works will never say that it is scam, we just need to wait or buy some more till the Cycle goes at high again.
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Great question! Personally, i'd cash it out in small quantities over an extended period of time, as this seems to be the SAFEST route to take. It will depend on your total crypto portfolio but i believe mine could be split in such a way that i can do 10% on a weekly basis. If ever it raises any flags i can always see its the result of some freelance gigs i am working on (these sort of things dont usually have, or are required, official receipts).
And I agree with other answers, don't tell your banks your into crypto. Better to avoid complications!
It's good to do split cash out for some spending that does not in rush, I mean in some accidents or operations that needs to be paid instantly since some cashing out Centers have their own limit of how much to cash out per day and still depends on base to base scenario in different areas and mobile wallets we have. We must try different ways to cash out or know different info of different cashing out ways so that it will be comfortable for us.
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