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if on earth there is a big disaster I think the value of bitcoin will decrease because the internet network must be disrupted then people need fiat money more than bitcoin. because it can be used directly to buy. if this situation lasts a long time it will definitely make the value of bitcoin go down because there is less demand compared to supply. therefore I suggest we must have another business. we should not rely on bitcoin as our main income.
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in my opinion because the government is afraid that cryptocurrency can threaten a country's economic sovereignty. they are afraid that their fiat money will be defeated by crypto. and crypto will threaten their banking system. and also some governments are also afraid of cyptocurrency being used for crimes such as money laundering, drug trafficking and terrorist financing. the anonymous nature of cryptocurrency will be difficult to trace. I think that is some reason the government rejects cryptocurrency.
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yes bitcoin is not just an investment tool. bitcoin is more than that. bitcoin and its blockchain technology have made it easier for us to transact money between countries in the world. and now also many governments and companies are adopting blockchain. I am sure in the future blockchain technology and crypto market will be increasingly. and I also use bitcoin as a store of value. I use my fiat savings to buy bitcoin. so for me bitcoin is my future.
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between savings and investment In my opinion there are advantages and disadvantages of each. when someone has a lot of money and without any urgency in themselves, in my opinion investment is very suitable for someone as long as investing on the basis of investment knowledge and carried out in the right way. but in my opinion, savings also have advantages. when at any time someone has an urgent need, they can immediately take their money without waiting for the specified time. investment is very good for profit, but it will not be as expected if the investment was made because of FOMO.
I think investing because FOMO will make someone regret if the price is not as they expected.
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Libra also experienced resistance in several European countries. Germany and France have rejected Libra because they fear Libra will threaten their financial stability. and also the supporting company also decided to leave. this will be bad news for libra. it hasn't been officially released yet but has experienced a lot of rejection. we wait whether in 2020 libra will be launched?
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in my opinion it is not always like that there are people who are well educated but he can be a successful and wealthy businessman. I think this expression stupid = poor only applies to people who do not want to learn, try and are easily discouraged. although he is stupid if he still wants to study, try and work hard he will become a successful person. but I am also not hypocritical, most large companies only accept highly educated workers. and those with little education do not get the chance to work.
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I think James is just a con man he wants to be famous for easily. so claiming to be satoshi. when james was asked about the digital signature james didn't know either. Until now no one knows for sure who Satoshi Nakamoto. who is he? he has created a new breakthrough in our financial system. and provide us with many benefits.
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the US dollar has always been dominant and has become an international currency. in my opinion because the United States is a country that won the second world war. then America poured funds in dollars to countries that suffered defeat during the war. I think this is where the dollar becomes the dominant currency. and America is a country with a strong economy. so it's no wonder that until now the dollar will remain the dominant currency in the entire world.
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everyone has their own choice of coins. if I'm always the main one is buying bitcoin. the second is ethereum and ripple, I only choose these three coins. because I'm sure those three coins will develop rapidly in the future. bitcoin with peer to peer technology and the Lightning Network. ethereum with smart contracts and ripple with Xrapid will make it easier for us to make unlimited transactions with low cost and fast time.
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Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires. Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
in my opinion bitcoin is the best coin of all coins. for me it's never too late to get rich through bitcoin while we try. for example we want to trade with bitcoin, trading crypto for me is a job that can be profitable if we can take advantage of the volume of the ups and downs of the market. I think in the coming year the price of bitcoin is getting higher, if you can invest in bitcoin at a time now and one or two years from now the price of bitcoin will be above 15k, wouldn't that make you rich? so I think everyone is still not late and still has the chance to become rich through bitcoin. |
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I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
yes of course you have to invest in bitcoin. and now is the right time to buy. before the price of bitcoin rises again. bitcoin investment is certainly better than altcoin investment because altcoin is now also very weak and we risk losing it when altcoin we choose cannot develop. so in my opinion for a beginner it's better to choose bitcoin. or if you have more capital you can also try investing in altcoin. but choose altcoin at the top of the CMC list. |
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Hello Everyone,
I wanna create my own business and one of my colleague told me I can create my own crypto and make it tradable (it can help for fundraising).
Do you know if it's possible ? How Can I do it ? Anyone has a useful tutoriel for this ?
Thank you !
it's possible but i think it will be difficult. because to make a new project we must have extensive knowledge about cryptocurrency and I think you are new to crypto because your rank is still a newbie. and you also need to have clear goals, a solid development team and of course you need investors. and now earning investor confidence is difficult. so in my opinion rather than making crypto yourself it is better to learn investment or trade crypto I think it will be easier. |
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Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.
what do you mean lose popularity? in my opinion you are wrong just the opposite now bitcoin is increasingly famous for the news about cryptocurreny facebook (libra). many people talk about libra and compare it with bitcoin. over the past 2 years the price of bitcoin has indeed declined. so most bitcoin holders do hodl. |
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this might happen but I think it will take a long time maybe in 10-20 years. because right now the cryptocurrency mass adoption hasn't materialized there is still a lot of rejection in some countries. most governments reject crypto because the crypto's anonymous nature will tend to be used for criminal acts. and bitcoin is also decentralized and cannot be controlled by the government. so I think fiat money will remain until later.
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Hi guys, The cryptocurrency market has added over $80 billion within the last 100 days, which is probably from January to date. The cryptocurrency market capitalization hits the bottom at $100 billion during the recent massive market crash. Do you guys think we are going to the moon this year also or we have a long way to go before reaching the moon once more - that is it'll probably happen in the next 4-5 years?  yes you're right the state of the crypto market is getting better. I hope this is the start of a bull run. Many new investors have started to feel tired because they are tired of waiting for the Bitcoin bull run. but great benefits will come for those who are patient. I am always optimistic that the price of bitcoin will rise again beyond $ 20k. many say bitcoin will be a bull run in 2020 and soon. let's be patient for a moment to obtain greater profits. |
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If you see, we might be heading towards a global recession. Trade war has lead to economic slow down in many countries. If that's the case people are likely to shift towards a safe investment asset which won't be much affected by the slowdown in economy. Gold has always been a safest option in such situations. But now since cryptocurrencies have gained enough marketcap and are popular enough, they can provide a better alternative investment as you must have seen that it isn't much affected by price movement of other financial assets.
yes I agree with you now the world economy is weakening due to the trade war that occurred between America and China. As a result of this trade war China weakened the yuan exchange rate against the dollar. this caused the stock market to decline. the fall of the stock market will make investors look for alternative investments, namely gold and bitcoin. bitcoin and gold are good choices for investing because they are good storage devices. I am optimistic that the price of gold and bitcoin in the future will be even higher. |
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what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.
if you don't do that, you will starve!
yes you're right we don't have to wait long in investing. we can make short-term investments or daily trading. although the benefits are small if there will continue to be many. but in my opinion there are some coins that do take time to get back up. like bitcoin so I always use bitcoin for a long term investment. and for short-term investments I usually use altcoin. some new altcoins cannot last long on the crypto market. so I didn't hold Altcoin too long. |
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first time hearing facebook will make digital currency I feel happy. because by joining Facebook in cryptocurrency will make the crypto market bigger. Many large companies such as MasterCard, Visa and Paypal are included in Libra Associations. an institution that will control libra and support libra. but lately I heard the news that some of the big companies (mastercard and visa) decided not to support libra. I was surprised what really happened with Libra? will 2020 libra really be released? We will wait for futher news.
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
I agree with everything you say. three things that are almost certainly done by a trader that is selling because of panic the price will get lower, hold on so as not to lose, buy when the price is below. In my opinion the worst thing among all of them is when someone panics when they see the market price is falling and selling all the coins they have in order not to feel the loss in ever greater amounts. good strategy to deal with such circumstances in my opinion is someone must be patient and calm by selling some of the existing coins, and still survive in some other coins. |
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in my opinion there are several reasons to hold other than bitcoin. because I myself prefer to trade and hold more than one coin. but I disagree with your statement that says altcoind can have far greater benefits than bitcoin in the long run. I think holding Altcoin with a long-term strategy is actually more risky than holding Bitcoin. I would suggest to trade altcoin by trading daily. because I myself have experienced losses when I have altcoin and have a strategy to hold for a long time. I hope with altcoin that I hold can rise to the first price of the coin appears, it turns out that expectations do not match reality.
for me trading altcoin is faster to get profits, because in my opinion the tide of the altcoin market price tends to be greater, and such conditions can be utilized to trade. and in the case of trading do not just rely on one coin if indeed we can still take advantage with other coins.
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