Bitcoin is never going to be extinct
I believe its consensus will be higher and higher in the future.
we will never know what will happen in the future, we can only predict and everything can happen. but when people say that bitcoin will go extinct, I don't believe it. because in my view, bitcoin has been preferred by many people because they can benefit from making profits or making transactions easier. and I think, as time goes by, surely more and more people understand bitcoin and want to use it. when all that happens, it's clear the number of requests will increase. and that way, we can already guess what will happen later. in my opinion, bitcoin will not become extinct, instead the price will be higher. |
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yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
yes, you are right to say, there is no full guarantee when we work on a project, whether they will keep their promises or not. You say that a project that promises huge rewards without effort is too easy, it is possible that the project just wants to take advantage of us. even for a project that promised to give reasonable rewards, many also lie for now. therefore we must be good at doing research first before we participate in a project. |
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many exchanges serve as competition aimed at reducing monopoly transaction fees. traders can have trading options with a 0.5% maker / taker requirement and move to an exchange that is only 0.075% with the condition of holding their utility token. Then it also functions to see which exchanges have the highest volume with different price ranges, this is very interesting for arbitrage.
yes, I think with more and more exchanges, it's not too problematic for users. maybe more profit with more exchanges now. we just need to choose which exchange has many benefits. with many exchanges I think is something positive. I think this is a business competition that is not detrimental to us all, and they will surely create something new to make users interested and join in the exchange. |
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The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing
My suggestion to you before going to buy any altcoins or tokens you have to some research about what kind of business they will do and check the team members if you have any doubts do not invest. better is you can invest any top 20 coins like neo, torn, xlm and more hold for long term sure will get good results for your investment. yes you are right we must always do your research seriously before choosing a coin. I also recommend buying the top 20 coins like BTC, Eth, Xrp, Eos and Neo. choosing the top coins can minimize the risk of losing because the top 20 coins will not be lost and have long survived in the crypto market. although the value is now down but I am optimistic that in the future the value can increase. we just need to wait and be patient. and the type of altcoin that will die in my opinion is altcoin which does not have a trading volume or altcoin which has a bad development team. |
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They are totally different one way another. Though you both can be compared to as they portray as a money. Bitcoin is not as as a curreny because it always change and risks are there, ups and down can entirely be seen off the chart everytime. But a currency is not good as bitcoin either way. Currency though can be through electronics but those are selected and majority has to be in such place to pay. There is tax in which bitcoin doesn't even have. There are still many things to point out out there. But for conclusion is that they are both different in a sense they have more than deep value possesed.
In some countries there is already a tax system for bitcoin and other cryptocurrencies because of the regulation and rules of the government. It is true that they are very different in terms of their system and value and I think that bitcoin should be considered as an asset and not a currency because it is not a good idea to spend bitcoin to buy simple things because it should be treated like gold and kept for long term. yes, I agree with you, bitcoin is indeed more properly regarded as an asset, not a currency. gold is a valuable asset and has a future as well as bitcoin, although it is very different in terms of system and value. although both are considered assets, everyone will realize that bitcoin is better than gold. in my opinion bitcoin is a sophisticated asset by following the technological advancements. and I also agree that bitcoin must be treated like gold, stored for the long term to be profitable. |
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Is the service and profitability, even if bitcoin is highly volatile, are the only two reasons why bitcoin is attractive to investors? Any good opinions or answers? Thanks
I think bitcoin has many benefits, and I'm sure bitcoin has a bright future. I wonder for sure that someday bitcoin will become a global transaction tool that is recognized by the whole world. isn't it very natural if people want to invest with bitcoin when someone has such beliefs. and people who believe that bitcoin is the future, they surely imagine that prices will definitely be high due to growing demand, while the amount of bitcoin is limited. I think that is one of the reasons for investors to invest with bitcoin. |
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i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.
I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
I think it's a good decision if you use your 1k to buy bitcoin. maybe with 1k that you make bitcoin, one year later will make you happy. because I'm sure next year the price of bitcoin will be even higher. and for the 500 that you will invest in altcoin, I suggest choosing coins that have been in the market for a long time, and have a high trading volume. in my opinion some altcoin has a high risk, and we must be able to minimize the existing risk. by buying coins that have been in the market for a long time and good trading volume, such as eth, xrp and others, will probably minimize the risk. You can also do daily trading if you want to make a quick profit, by taking advantage of price movements every day. |
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Where you take inspiration when you tired from trading?
i hard to say when you sometimes tired from trading or have stress from ico or lose part of deposit. What you do to relax refresh youself and get inspiration for new trade. How much time you need to refresh youself for new hight.
I realize that trading is very tiring, especially when the expectations we want don't match reality. maybe we should set aside time, to refresh our brains. maybe one day for a week, we use for a walk or vacation with family. in my opinion all the work will definitely be tiring, depending on how we arrange it. I myself prefer to refresh the brain by enjoying the beauty of nature around the house. and I tried to get busy by looking at my pets. with all that, the brain can be fresh and maybe will find new inspiration in trading. |
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yes, I think fraud is a global problem that must be taken seriously. we know that with crypto people can transact globally, maybe that's one of the strengths. but we also have to realize that crypto can be used by people who are not responsible. like recently there was news that someone blackmailed a company in another country, and the fraudster asked for payment in bitcoin. There are agencies that work against frauds at national and international level. It is not possible rather an easy task to catch all the criminals. Scams have nothing to do with assets but the minds and greedy lazy nature of humans. Crypto currencies never suggested anyone to scam. If you have seen bitcoin, then you must have seen people who became millionaire due to investing in it. Innovation is always innocent. very well, I agree with your opinion that fraud has nothing to do with assets, all because of human nature itself that does not want to work honestly and they are very greedy. their brains are actually used to work, but they want something fast and hygienic, regardless of whether something they are doing is breaking the law and hurting others. I do not blame crypto but what is wrong is the human itself. in my opinion crypto is also a victim, because the fraudsters use it the wrong way. it must be dealt with seriously the problem of fraud, so that the good name of crypto is not increasingly tainted by lazy con artists. |
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not everyone loses interest in bitcoin. maybe there are some people whose interest starts to decrease because maybe they are getting bored, arguing that they haven't been able to benefit from bitcoin. indeed the current market tends to be stable, we should be patient and keep calm if we want to get the results of bitcoin. recently the price of bitcoin has gone up, and that proves that there is still hope if we want to be patient. in my opinion, people who lose interest are people who cannot control their emotions when things are not what they expect.
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Here is a good source to decide which altcoin to invest in. I would never buy a dead altcoin with no development except Doge. Doge is unique and will be successful without much development.  Source: https://twitter.com/el33th4xor/status/1068856384983363585?s=21dead alts are: - Verge - Holochain - Bitcoin Private - Pundi X - Poet - Decentraland (MANA) Yes, I think that is good information as a recommendation before we buy Altcoin. do not buy coins that the trade volume of the coin you are buying is quiet or dead. maybe it would be nice if you can also provide the latest information such as trade chart images above for now. dead market volume in my opinion, maybe because the coin holders are bored with the coins they hold because they may not be profitable anymore, so they will turn to look for other coins, which they feel that the coins he bought, are coins that better and more profitable than before. |
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in my opinion, when we are able to make a profit from crypto, it's better we don't just trade with just one type of coin. indeed in trading altcoin has more risk, than the top 10 coins. but my reason for trading with other than bitcoin is because I feel that when the price of bitcoin is quite stable in some time and I cannot benefit from bitcoin, I can make a profit by buying altcoin and doing short-term trading. I feel that trading altcoin can also benefit, and my advice is if trading altcoin, try to trade daily, we must always look at market volume. and I prefer to trade more than one coin rather than just holding one coin.
I agree with you, that when we trade, we better hold more than one coin. it is true that there are people who say that trading bitcoin is still more feasible compared to altcoin because of its popularity. and people's views of altcoin which are negative because many coins are junk. but in my opinion not all altcoin is rubbish, I still believe in altcoin which has long been in the crypto market. I myself trade with more than one coin, and the majority of the altcoins that I hold I use for daily trading and I trade long-term with bitcoin. so I think, it is very feasible to trade in cryptocurrency, so that the opportunity to get greater results. I think trading with more than one coin can be profitable, but you also have to look at the risks involved. if some of your altcoins experience a price drop, so the price is too difficult to recover, then the risk you experience is even greater. in my opinion, trading daily with altcoin should first do research on the coins that you will hold. You must always remember, that many new altcoins are deceptive at this time. |
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What are the things differ from mindset of common man with investor,please share your thoughts.
IMO,investors never want to take loans for their consumption like home loan,car loan,etc then just save money and will buy the things for their needs but common man like you and me will buy the things immediately when we get the desire of it using loans but we are paying 20% of interest to those kind of loans.
I do not agree with your statement. I am also an ordinary person, not an investor. but I also don't do what you say, I'd rather spend my money as needed. I also don't like to waste or take loans with very large interest. In my opinion the difference between investors and ordinary people is, investors have property advantages and they can join by being part of the project, they buy large amounts of coins using their money before the project releases their coins in exchange. whereas in my opinion lay people are those who can only have coins by working as prize hunters or they buy when the coins have entered the exchange. |
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An inspiring story that is worth to read. This is just a summarized of his journey. Eric Finman is just a typical 16 year old student who is bright and creative. He has smart two brothers and he is the youngest. He is into latest technologies. When his brother introduced digital currencies (bitcoin) at 2013 who his brother brought 50 bitcoins. He decided to compete his brother by buying hundreds of bitcoin worth $1,000 in which his grandmother's gave. His brother Ross gave him a book by Ohanian ( a co-founder of Reddit), which indicates the power of internet and which got Eric's attention and interests. He is eager to meet him but there is $8,500 fee which made his parents think it was too much. With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000. Finally, he met Ohanian. It amazed him how matured enough Eric when it comes to technology. One time, as a freelancer, he make a Flappy Bird knockoff game and Ohanian is an eye opener for Eric's eagerness to use internet as a source of income. He produce his own programmers, etc. And made his own company. I just thought Mark Zuckerberg is the youngest millionare. Now, it is Eric Finman. Here is my favorite line from my idol, "I say if you do not become a millionaire in the next 10 years, then it’s your own fault."
He is now 18 years old. Despite of being disppointment in terms of education, he is now a successful and the youngest millionare by bitcoin and by his innovations and by being creative. Read the full article here. There's really nothing impossible when it comes to becoming a millionaire through bitcoin. It was very feasible way back, just imagine having the chance to buy atleast 10 bitcoins at a very low price when it was just starting then holding it up until 2018, you would totally be a millionaire if that's the case. It is all about chances and fortune, you could have been a millionaire too if you believed on bitcoin and bought plenty earlier than everybody did. Just pay attention on what you have now, you still have all the chances to be a millionaire sooner or later. True, nothing is impossible to be a millionaire like the teenager above with bitcoin. when we want to try hard and think creatively, I think dreams can definitely be achieved. I think all of that is very encouraging news, and can be a motivation for us all to always strive to the maximum and look for new innovations that will make our dreams come true soon. if you can't buy when the price of bitcoin is at a low price at that time, don't look back, keep going and think about the future from now on. |
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very true what you say, I also doubt even afraid at this time to hold altcoin. although more coins appear now, I will still be faithful in holding bitcoin, and altcoin which has long been in the market. everything people say about coins that just appeared, to me bullshit. I do not believe, because I suffered a loss early last year because I tried to keep coins that had just appeared. maybe all of that will be my bad experience, and it will be a lesson to always be careful when I want to save altcoin for a long time.
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Hi all,
I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?
Thank you in advance for your suggestion
I think now is the right time to buy and save it. because I think the price of bitcoin will go up, and if you aim to buy it at 7k, can you make sure that the next day the price drops to your target. in my opinion, you better buy it at this time. recently the chinese news has made bitcoin raise prices. maybe, the price will go up. and whether you do not regret if if the price will continue to rise and your buying targets are not met. I think now is the right time for you to buy. if you are still in doubt, try buying a small amount. |
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in my opinion, maybe the government will support bitcoin, because in my opinion everything can happen. however, if the government supports bitcoin, in my opinion it will not eliminate cash. I think cash and bitcoin can go hand in hand as a transaction tool if the government supports it. and inflation might disappear when all that can happen. if bitcoin and cash could work together, I think that would be a good result. because with the presence of bitcoin or cryptocurrency will make it easier for people to make transactions.
yes, I agree with your opinion, anything can happen. for example the government can support bitcoin, I would also say that paper money is definitely still running normally as usual. with paper money, people can see the value of bitcoin. can not be imagined if paper money just disappear because of the presence of bitcoin in a country. maybe bitcoin will make banks worse off, because bitcoin will become a real rival on the part of the bank if the government supports it. maybe people will prefer to deal with bitcoin, if the public understands and knows that bitcoin can be used as a safe transaction tool everywhere. and people definitely choose bitcoin because they feel that bitcoin is more profitable than banks. |
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From my last post about Bitcoin investment, following the valuable contributions of members of the forum, I learnt that Bitcoin investment is not just something that blossoms in a few days, rather it takes patience.
That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...
Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
true, I also think that bitcoin is not just about investing but it will also be the future. I realize if more and more requests, and many people use bitcoin as a great transaction tool, that will make bitcoin very good for the future. and if we have seen it like that, then we should invest in bitcoin, wouldn't that make a profit for us if in the future many people already use bitcoin, and I'm sure it will make the price of bitcoin more expensive because of the limited amount. in my opinion the best right now is to invest with bitcoin if we realize that bitcoin is the future. |
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I have been in the crypto world since a long time but i have not been able to make my portfolio and never earned anything...i dont have much cash that i can buy many different coins....i have only 0.01 btc right now  Please tell me ways if there are any to earn some different types of altcoins to slowly build up my portfolio with some valuable coins... What do you mean it's free? if you expect free altcoin by expecting from someone for free, maybe in my opinion there isn't. if what you mean is to get altcoin without having to buy, maybe participating in various bounty campaigns, airdrop, signature campaigns is the solution to get coins without having to buy. I myself from the first entry in cryptocurrency, did not get bored to work as a bounty hunter. and now I have had several altcoins without having to take capital out of my pocket. although today people say that there are many garbage projects, but I'm still sure there will still be projects that will give us the prize. so before you decide to participate with a project, it is better if you research the good or bad of a project before joining. |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks  Yes, I say it's good. When we were just starting out and didn't understand how to trade properly, you joined some signals even though there were costs every month, I would still say that this was a good step. I think for someone who really wants to learn and wants to have good trading skills, I think the cost will not be too much of a problem. maybe it is a good step to start trading. but my advice, do not just rely too much on the thoughts of others, you also have to study yourself as a reference if one day there are doubts about yourself about the speculations they say. |
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