I'm fairly new to this game but at least I can say that I bought before the 2017 bull market and did not sell all of it. I sold most of the coins that I earned in signature campaigns but I kept the original Bitcoins bought 2 years ago. Congratulations to all the strong hands!
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I participate in airdrops because it's free money. I never say no to free money. Sometimes airdrops are worth something and usually they're worthless but i'm not losing anything but a little time and I'm always short on money. As long as airdrops aren't scams it's usually worth trying to collect them but they're like ICOs. They used to be very profitable but once scammers came it all ended.
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It looks like a troll post. If you come to a Bitcoin forum to say that Bitcoin is worthless you won't be taken seriously. That's how it is. You could argue with us that it's not the best solution or that it has its flaws but saying that it's worth nothing and that it doesn't exist is plain stupid. Do you do that with all the things you don't like? Look for a thematic forum full of people that like it and tell them they're stupid to do so?
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The best way to deal with crypto taxation is to live in a country where this taxation doesn't exist. And if you don't live in such country, don't trade your crypto until you move there. Don't waste your time trying to deal with all this legal mumbo jumbo. Live somewhere where they will congratulate you for using cryptocurrencies instead of trying to steal from you or put you in jail.
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It's an outright speculation and no strong proof is behind the news of Indian Express or Coindesk. Just today I have replied to a similar thread in local section and I encourage everyone to read my reply there. The link is below as I don't want to copy paste my own post. https://bitcointalk.org/index.php?topic=5089986.msg48908517#msg48908517Hope it will help to clear a lot of ongoing doubts. Coindesk articles are usually unconfirmed and based on some tweets or leaked reports. It would be much better if crypto media focused on confirmed information and did not publish rumors. A real journalist would try to contact the authorities and would not write about it if there was nobody credible willing to put their name on the line. We are talking about anonymous senior official who attended the committee’s meetings And pigs fly...
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The cryptocurrency had peaked to around $4,140 on Dec. 21, then to over $4,200 on Dec. 24, but dropped sharply back to around $3,720 early yesterday. to add, shortly the price dropped to $ 4570 and the panic has begun and the news channels have already begun to post news like: Bitcoin Price Watch: Crypto Businesses Suffer as Price Continues to DropI see that we will have a terrible end of the year. What panic? I don't see any panic. We are in a sideways trend. You are seeing a "sharp fall" and a "terrible end of the year" because you were already seeing bull market when we visited 4000 for a while. Try to see things for what they are instead of dreaming of a bounce back to 6000 right after a new low of 3000. We could be trading in the 3-5 thousand channel for the next 6 months. Patience!
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How is that big? Cryptocurrencies are allowing people to pay directly with no third party fees. How does WE make money on it? They will have to add their own fees. Who is going to use WE when they can send cryptocurrencies themselves, unless... WE will use crypto as transfer vehicle and charge fees on that. Somebody wants to send USD to Africa? WE will buy crypto, send crypto, exchange crypto to fiat in Africa, charge fees. Somebody wants to make money on people unaware of the existence of cryptocurrencies.
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Politicians don't understand most things. Most of them don't even speak a single foreign language. Many have never been outside their own country. HOw can they decide what is good and what isn't? They are doing it because we are letting them. We are giving them power and they are abusing it thinking that we expect them to take a stance. Frankly, most of us do expect them to take care of everything, even if it means giving up some of our rights.
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Again, I wasn't talking about how people feel and what people want! Cause people think Nigeria is a crypto hub and they want to think Argentina is the new US in terms of bitcoin usage but...reality is pretty different. Reality shows us that the entire African Continent has fewer nodes ...than...Lithuania. And I'm willing to bet that 90% of this forum are having real trouble pointing Lithuania on the map!!!!
And I'm pointing towards the technicalities. You can't expect someone with very limited Internet access to have a website. A norde requires much more than a stable Internet access which is something most of us in Europe or the US don't have. This doesn't mean that they wouldn't run nodes in Africa if they had the means to. I know the facts are showing what they're showing but to me it's obvious that countries with very limited Internet penetration will run nodes.
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Not really. Early adopters are the ones who have bought Btc before 2016 when price has raised significantly.
If we compare ourselves with people who will buy Btc in 2025 we might be seen as early adopters, too. 😊
How can you know at which point of the adoption curve we are? This market cap could look to you like something big but we could be in the beginning. How do you think 2013 prices looked like to someone who just got to know Bitcoin? He'd say people who got in before 2012 when it was cheap were the early adopters now it went up 900% it's already over. We could still be early adopters and the end price of Bitcoin is probably higher than 50000 dollars.
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Craig should win it with his I will destroy BCH and Bitcoin will be worth 1000 dollars attitude. While people like Roubini have their own problems and don't recognize Bitcoin as something valuable claiming to be the founder and failing to prove it is taking it to another level. Roger and Jihan are pumping their own coin and want to make money. Craig is a narcissist.
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Many investors think that bitcoin price will double than 2017 ...but instead of double bitcoin price is 5 times reduced than 2017 ... so panic reduced,panic holding and panic losses.
THis is the first time I see the term panic holding. I know panic selling and fomo buying but wtf is panic holding? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's like when you're drowning and you hold on to every piece of wood that's floating around you no matter how small? Altcoin market depends on Bitcoin because every law in the world is made with Bitcoin in mind. If a government bans Bitcoin don't think it will allow altcoins to be traded. If Bitcoin fails all altcoins will follow.
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A year is a very long time for Bitcoin and it's very hard to say anything. People who understand what Bitcoin means for the world finances will always be bullish. There will not only be a recovery but an ATH. I'm not sure if we will reach it in 2019 because it will depend on all the external factors like Bakkt and ETF but 10000 dollars is within reach if we go back into a bull market. We should be at 5000 already if people weren't in panic mode.
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Bitcoin or altcoins are the best when it comes to online shopping because its just so easier and better than fiat and we all know that using fiat the scam rate when shopping online is alarming, I hope KYC would be lifted and erase from crypto world but guess I'm asking toouch
This answer has nothing to do with the question in the thread. It's really easy to buy crypto. You just have to register on one of the exchanges and wire money there. It's requires same amount of effort that you have to put into getting an ebay or amazon account. You can also try a Bitcoin ATM if there's one in your town.
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Always use a third party as an escrow or transfer money from wallet to wallet with that third party present. Don't send coins without signing documents first.
The safest way would be to either send the coins to a wallet owned by your lawyer who would act as escrow and release coins when you get paperwork and keys.
The second safest way would be to meet at the notary's office sign the paperwork and send coins there with witness present.
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I think it's a good moment because of the total market loss. Every trader will tell you that when an asset lost 80% of its value and it was due to technicals not news or problems with the asset itself it is a time to buy. I'm so bullish that if I had a lot of money I would be buying since 5000 dollars all the way down. We were due for a reversal since then but the fear was too strong.
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I can't wait to see him wear a blockstream shirt. I hope they'll record the next meeting in a place where Lee can buy Ver a cup of coffee through LN, because that's impossible according to him.
They should make him wear a t-shirt with a Bitcoin sign and a text: I'm sorry Bitcoiners, I was wrong, LN rocks. He said any t-shirt! I'm seriously tempted to buy myself a physical casa lightning node now the momentum around LN is pumping hard. It's a bit expensive at $300, but well, the experience alone will likely make it worth its while.
We're at a point at which almost 50% of Bitcoin's nodes are operating within the LN, which I only expect to grow further as time goes by. One day I'll add my node to the list as well.
At $300 it isn't cheap but it's raspberry pi based so the hardware alone and the case had to cost close to 100. Wish they were selling it cheaper because at that price i'd rather set it up on some old scrapyard pc.
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Let's look at the bright side, two years ago there were only 5k nodes. Also, the stats destroy another myth, that of Asia leading the way in crypto: https://i.imgur.com/k7ssTsP.pngFunny how Kenya who was supposed to be the next big thing in crypto has 2 nodes, and Nigeria 1. Oh, and Venezuela tops the charts at 4 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It doesn't mean they don't want to run nodes. Maybe most of them have their connection configured in a way that allows only one way access. Most people, especially in the poor regions, access the Internet via large local networks. There's a lot of one way access nodes in the network and I'm ready two bet that most of those who run them don't even know that they aren't to-way.
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I predict an ATH to be broken in 2019 or 2020 and from that there's only one way: up. Usually after establishing a new ATH Bitcoin is facing an exponential pump. A 300% gain would be nothing special at that point, so 60,000 dollars before 2021 would be my guess. If it happens there will be another year long bear market and everything will repeat.
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I don't know why people are waiting for that wick below 50MA so much. Usually in such setup when every noob trader is telling you to wait for the capitulation candle with long wick to invest it can never happen because every trader will try to outsmart the others and put orders higher to be sure to catch that wick right below 3000 dollars. It will build an impenetrable wall of orders that in time will go closer towards 3000.
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