That is why I feel sad when Bitcoin is recognized as a security and not as an alternative currency. Although of course I am happy whenever I read news that a country is already recognizing Bitcoin legally. It is somehow a mixture of feelings since I wanted to hear Bitcoin recognized as a legal form of currency and not just a legal financial asset or a form of security. But we'll get there very soon. Bitcoin is a currency!
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Can possible uneducated people join the Cryptocurrency? Have one condition he have enough balance to trading. So what do you think guys?
Be careful when you use the word un/educated. That could mean a lot of things. I consider those out-of-school with good manners as educated than those who have studied in the highest educational institutions yet with very poor manners. In crypto, it does not need degrees or any proper schooling. For as long as you can understand, able to read, and do the math, you are very welcome here.
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Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.
It was not just 1 billion USD that added to the market cap of Bitcoin during this last price surge. It was obviously more than that. And the entire market cap of cryptocurrency also moved up higher with more than 10 billion USD. Yesterday, I saw the total cryptocurrency market cap crossing the 300 billion USD threshold. However, it went down as the price of Bitcoin also went lower than $8,000.
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The negative effect will not just be in the eyes of the world. The effect in the country itself will be drastic. Actually, it is very absurd to print a lot of money. It might only result to the currency not accepted in the world. If that happens, the economy of the country will surely fall hard. But all these monetary arrangements are a puzzle to me until now. It is built on a system that will only benefit the rich.
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This is not craziness actually. The craziness is actually the thing that is going on with the fiat currency. Some are jeering at us Bitcoin supporters for sticking to something which is not representing anything at all. I would say, the paper bills and the metal coins that we are using right now with their respective values are more laughable. At least with Bitcoin, it is owned by us people. Fiat is owned by the manipulative governments.
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What is your recommendation for Crypto trading, Day trading or HODL Experience in crypto trading big loser or winner
Depending on you capacity, you could choose either day trading or HODL. HODL is of course the easier choice since it is not requiring too much skills from you. Actually, you can just go over the list of coins and choose several from the those that are on top and you are already good to go for your HODL plans. Day trading is better in terms of profit generation but it also entails a lot of skills.
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This time, it is best to buy Bitcoin not just for long term investment, which is basically at least a couple of years, but also for short term investment, ranging from 6 months to one year. I recommend that if you want to go either for the long term or the short term, you buy it now because the price is still less than half of its price in December of last year. The price might repeat in the next December.
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The market will be down without the presence of Bitcoin. But I doubt if it will die out if Bitcoin will die. The cryptocurrency market is now more and more independent with Bitcoin, even though Bitcoin is still a very leading figure in the growth of the entire crypto world. Without Bitcoin, there might be a very strong fall and it will take another batches of years before it will once again rise.
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Will NEO be next ETH in crypto currency world? What is the main reason for going up NEO drastically?
The main reason why NEO could go up drastically is when the very huge chinese market will become a little bit more open to the crypto world than its current status. When that happens there will be more and more projects that will be using NEO as their platform. However, Ethereum will still be ruling in terms of adoption. It has the biggest community next to Bitcoin so NEO will not be able to replace it.
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Most ICO review sites, as far as I noticed, are only taking note of some indicators that might not be very vital in the success or failure of the project in the end. For example, some ICO review sites will only be looking at how real the team members' profile and experiences are, or whether the whitepaper is detailed enough to include the economy of the token, or whether they are complete with GitHub, social media, website, etc.
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Ethereum (ETH) will go up or down?
What do you thinking?
As far as my opinion is concerned, the price of Ethereum will generally be increasing. That does not mean that there would be no little decreases along the way, but the overall pattern will be upward. The price of Ethereum has already touched rock bottom. There is no more lower than what Ethereum had just touched. We will be expecting Ethereum to go beyond $500 within the month.
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Satoshi Nakamoto is a real genius. And a real genius does not mind the credit. They even shun the limelight. What they are concerned about is their product. And Bitcoin is characterized by anonymity as designed. Satoshi's decision to hide his identity speaks of the same philosophy. I am always in awe of Satoshi Nakamoto. And perhaps if he decided to come out, the powerful ones might be running after him and neutralize him.
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Since now smart money is in, they will make us need crypto currencies in the future.
So you can HODL! And you will have a nice life. Enjoy!!
Yeah, the words of the prophet. I have heard of this before and did not believe immediately. That cost me a good deal of fortune. Well, I am still an early bird because I am still owning at least a single Bitcoin. The future of Bitcoin is definitely bright, so much so that a single Bitcoin will be worth too much to be owned by a single ordinary folk. Time will come that a single Bitcoin owner is pretty rich already.
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Hi, I lost some coins this year (my own fault in Phising) But if you send your coins to multiple wallets you can split your investments better.When your wallet is hacked you only lose this wallet. This is my lesson for the next time (and some other securities) What do you do to secure your coins / tokens? One of the safety precautionary measures that I do is to have multiple wallets. Actually, it is all right if you are only using a single wallet but only if your portfolio's value is not that big, but if it is in the thousands of US Dollars, it is wise to save them in the different wallets. The risk is so huge if you are only using a single wallet. A single stroke of bad luck with a hacker happened to hack yours will turn your investment into nothing.
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That is always the case. Who would make such a bounty platform without thinking of the possible income from it? No one in his or her right mind is so selfless enough to create a bounty platform merely for the sake of giving the bounty hunters here smooth and convenient access. Do you think these people will just allow the biggest slice of the pie taken away from them? ColorlessK would never allow that.
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At least it is showing green candles for a while now. This is already a positive news. Just barely a week or two ago, the price of Bitcoin went down as low as $5,000 plus. That was a horrible sight considering that it was last seen with the highest price more than six months ago. Now, it is back with $7,000 plus. This is not the come back that we are waiting. This is just the beginning. The real come back is coming very soon.
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I cannot be sure about private key retrieval. Perhaps if there is such a thing, our wallets would never be as safe. Well, perhaps if someone here is an expert hacker, he might give you something helpful. But as far as my basic knowledge is concerned, a lost private key simply means a lost access to your wallet. That is why I am always recommending a primitive way of saving private keys, through pen and paper.
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I have been monitoring so many post about HODL! HODL!! HODL!!! I am a victim of that but I have sat down and analyzed something. We should all know what will happen when we all decide to HODL. This will be one of the deadliest that will ever happen in cryptocurrencies. When we all decide to HODL I think the markets will go down and the green markets we want will never com. Also BTC will die when we all decide to HODL. I think we can at the same time SELL and BUY to keep our greatest cryptocurrency alive. I stand to be corrected and also we can add some to it as to what will happen.
One merit for your working mind. Actually, the HODL that we are always proclaiming does not mean that we will stop using our Bitcoin or we will just HODL it no matter what. If the market is suffering, then HODL will really be the best thing to do. But if the people will just decide to HODL, before the market will go in straight line sideways, there will definitely be a strong pump that will create the price to just shoot to the moon.
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In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause? I would rather go out and drink with my friends. The charts full of blood may not terrify me anymore but it sure will still give some sense of frustration. I will not try to catch some fish in a river full of giant crocodiles, I would rather stay away. Whenever the market is bloody, trading will stop for me. The great HODLing will take over. I will be a lot more chill this way.
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To a certain extent, yes, I agree with you. Taxes were invented a long time ago, ever since the most rudimentary form of government was formed, perhaps even in the small villages of the most primitive of societies. Taxes are not just for the sake of having some money to be able to fund infrastructures. It is the primary source of income of the government without which the government cannot function.
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