In order for Bitcoin's price to fall below $2,500 it would have to rise very rapidly - break the $4,000 barrier and jump to about $5,500 - $6,000. Only from such a level would it be possible to create a new panic sell and find a new bottom.
I dont think that 5k+ usd to 6k usd can create a panic sell . thats too low imo . people wont probably continue to hodl and buy more coins if they see that bitcoin is skyrocketing . we dont need to see any ath before we decide that bitcoin is going to dump because btc could actually dump anytime if ever people will sell their coins . whales can also dump the entire market if they want to . lets hope they dont , |
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So what if they haven't included bitcoin wallet? everyone is free to download bitcoin wallets that they wish. But what Samsung did was good, they were now more open to crypto's which can increase the exposure of crypto's not just for ethereum wallet .
You are right and I don't see any issue regarding with this. Eth has the same popularity with btc and most ICOs accept eth so that could be the reason for supporting eth transactions first. We should rejoice on what is happening instead of debating because we all benefit with this news because Samsung is the most patronize brand around the world next to Apple. I dont think that this is the reason why btc is not included in the release of the phone . i guess the owner is just an anti bitcoin , thats why they didnt include bitcoin . bitcoin is more popular and can also work fast depending on the fee or depending on the network traffic . but as what other said , this isnt really a big problem to consider because we can still download a wallet that accepts bitcoin and other cryptos . |
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I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
yes I agree with you if the government allows crypto and fiat together to be good. but I think it is difficult for the government to legalize crypto. because they were afraid that crypto could threaten the government's banking system. and fluctuating crypto values will be difficult if used as a means of payment for goods and services. so for now crypto in my country is only used for investment and trade. Some governments maybe threaten to crypto and this can be the reason why they restrict the use of it while other governments are now allowing the use of cryptos because they see its usefulness . they think that crypto can improve the economy . im sure that others will also unban crypto and crypto in the future will soon colaborate with fiats for an even better payment system . I also disagree, I agree more if crypto remains a valuable asset and can be exchanged to fiat as it is already running. it will be better than crypto being the currency itself.
What you are saying is already happening . crypto can be used on both asset and currency use but its only depend on the user if what usage will he prefer for his cryptos . |
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Due to big down fall in the bitcoin, New ico are not coming in the market and bounty hunters are free now.
Thats not true . the big downfall that you are talking about did actually help for the new ico to become dominant but bounty hunters are always free because they are not tied up in an ico/bounty . its only up to the bounty hunter if he will still continue to join them or not but based on the current status of the bounties i think most bounty hunters are now leaving the bounty scene . |
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supervising ico can be one of the best ways to grow investor confidence in crypto.
what do you mean when you say supervising ? i guess you are talking about regulation ? they say that ico must need to be regulated so that it can be legit . now if all ico is legit , this can boost the confident of investers to enter or invest again on ico's as well as on other cryptocurrency . There is no such thing as confidence in the cryptocurrency because there are no future on the cryptocurrency. Just don't invest in the cryptocurrency.
You are really foolish one because it is modern age and crypto currency is need of life, just because we are now in a modern age does it also means that we need crypto in our life ? no meyt .crypto is not necesary or advisable but its only up to the user if he wants to experience a kind of currency and to earn extra income as well . |
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I don't think that cryptocurrency is complicated, before going into cryptocurrency you have to much about it.
If cryptocurrency is not complicated then why would you say that " we need to know much about it " ? When you have known what you are support to have known in cryptocurrency, you are good to go.
But the question is how would you know if you have the skill to understand crypto ? Only computer literate maybe because they can easily understand techy stuff or other computer related queries but what about other average joe ? They must need to learn the basics of computing first before they easily understand how crypto works . |
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I'm not sure because it don't work a lot in this bear market. And I don't like the idea that some people are buying much more shitcoins thancoins that has legit projects going on. Betting on shitcoins is good but only buy 1 or 2 of them and not like more than half of your port are all shitcoins because after they get pumped and you missed it then it is all over for those shitcoins.
Buying strictly and holding shitcoin could be a very dangerous game to play right, I understand this fully when but these shitcoins could also make a fortune when traded with if one is smart enough, though the game should be for the smart players. Most of these shitcoins are the ones that give more Return on Investment than the reliable ones based on the current market condition but it is highly advisable not to leave any out, I mean, you have to invest in coins with viable projects and still take advantage of the ones that are shitcoins to make money before dumping them, just that one has to dump them as quick as possible. The fact is that most users think exactly as you do, so at the most the amount of investment falls on the leaders of the cryptocurrency market, because everyone is afraid to invest in new projects. Of course, if someone has real confidence in the prospects of a project, then such investments are also very preferable. But today it’s really hard to determine the relevance of the project in society. About confidence stuff we would really aim for those who are reliable ones which we would really end up on investing into those top rank coins because we can already imply that these would go for long term but there are really investors who would really tend to go beyond borders which trying out to put up money on new projects hoping that they can get in as early as possible and make huge profits later on when the project do gain support but these chances are getting slimmer day by day because most projects now are completely trash. Sice you already talk about confidence , maybe those kind of investors that invest on new projects are confident enough with their decision . for me there is nothing wrong it . you only know whats good for you the most so better if you can follow your instincs than following the others . Just remeber , dont put your eggs in one basket especialy to those new projects because they are more riskier than the top rank coins . |
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the growth is not just the number of transactions that bitcoin has. the real growth is all the real adoption that is happening all around the world.
number of transaction cant exactly tell if bitcoin is growing or not . what if the transaction are only made up of small amounts ? same as adoption . we can easily say that the adoption is growing but did the price also grow ? no . people only recognize bitcoin but they dont buy and hold a bitcoin . bear market is not gone and wont be gone , no matter how the adoption rate or the number of transaction increases because the bear market is already part of the crypto cycle . |
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I think its only the overall market data that exchanges anything to bitcoin and not only is binance favored rather than coinbase in my opinion there are many websites that offer cryptocurrencies, that are also offered by traders. the proof is that market conditions change frequently and traders will not always be on one exchange website
it is true that there are lots of cryptocurrency exchange websites available but binance exchanges have very high trading volumes every day and the price movements there are so fast that it can make a lot of profits, and for coinbase I suggest you don't use coinbase anymore because I hear there some bad news from coinbase. before the domination of binance , coinbase before is the best wallet and has got the highest volumes among other exchange/wallet but eventually binance was born and it slowly attract investors due to thier good service until it completely de throne coinbase . your also right , coinbase is becoming bad day by day and infact it also got alot of complaint from several users . idk if coinbase can still sort these issues or they might run out of costumers in the future . |
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I don't know. I am confused and this behavior is totally unfamiliar to me. I expected BTC to hit $5k on the recent bump and it got dumped. Don't know what happened. And I don't think it's going to have a bullrun soon.
Yap the market is totally twisted and confusing at the same time everything is going haywire one time the market looks up like a bull but then suddenly is a bearish again i have stopped hoping for any bull again You are the first member saying there's no bull run again in future. So pessimistic? For this year I also don't expect there will be bulls but there is a better improvement. No need to be pessimistic, all of them need time to be able to move and adapt. There is still good hope, the price of the crypto parent is still at a safe level and does not reach $ 2500, currently at the level of $ 3900 and seems to be at this level, so it looks stable. Another Altcoin depends on the development team, is it still sustainable or is able to increase its popularity. You dont expect for a bull but you are saying that there is a better improvement ? Thats confusing meyt . yes there is an improvement that will happen in the latter stages because as we see the price of cryptos is showing some signs of increase . this can also lead to a bull run . wait till the value rise and became stable at 4k usd and you will see what im talking about . |
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Did you see that you are able to make the greatest decision turning bitcoin to alt
what the heck ? greatest decision ? no meyt thats not a great decision but rather thats a bad decision to make by a crypto trader/investor . bitcoin itself is already the best coin to date , so why would you recomend him to switch on alts where we know that alts are only following the trend of bitcoin . and besides not all alts are legit but most of them were only risky . @op , btc investments is already okay . so i suggest be contented with it . you can earn more income on btc than in alts . |
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As for me, I trust more popular altcoins (cheap as well): TRON, Lisk, ICON, Ontology, and Eidoo, Ethlend. Now there are not so much good tokens in 2019.
There are a lot of good coins this year, it is especially interesting to watch the popular altcoins, for 3 months they have excellent prices and even now you can still buy 15-20 pieces without in-depth analysis buying 15 to 20 pcs. without in depth analysis ? that's seems pretty risky to me . you know meyt alot of alts nowadays are fake and whats more worst is you are buying many different kinds without even analyzing them . as for the guy above , i agree on some alts that he stated above . id pick tron , lisk and maybe eidoo . im not familliar with rest . on the other hand , etherium should always be the first on our bucket list because eth will serve as the base of our folio . |
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It is not wise to expect unrealistic bull runs from BTC, This only takes place in the gambling and casino industry,
why not ? the expectation of a bull run can actually boost our confident to invest and hodl more because in our minds we think that we can earn huge income if the bull run finally occurs . also , there is no bulls on gambling and casino industry , bulls are only present in the crypto market . expecting it to pump to $100,000 is an unrealistic speculation, without a basis to back it up.
they have a basis to back that statement , you know it and i know it but 100k usd is too exagerated though its possible to occur in the future . |
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In my opinion there is nothing that is impossible in this world including bitcoin, if there are new coins that are better automatically automatically, bitcoin will be eliminated because people will certainly be more interested in new coins.
people always say that bitcoin can make things possible even the impossible but not to the point of beign replaced by other replica's out there . bitcoin is the original crypto and other's are just copy paster's . the only difference is thier name but the usage and purpose is still the same as bitcoin . so what's the purpose of switching on them ? other's can come and go but bitcoin is known to stay and last a lifetime . overall , id say that bitcoin cannot be totally worthless . |
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~ snip ~
OK, if there is something that can replace Bitcoin, what coin is that? bitcoin is still the king of crypto and so will remain like that. for now i have seen alot of good coins that have a potential to succeed just like bitcoin and can maybe dethrone bitcoin in the future but in terms of value , its obvious that bitcoin is still the leading one . we are currently on the beginning of the quarter and its still hard to tell if bitcoin could improve or it will be totally replaced by other promising coins out there . |
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If you want to be rich, invest in crypto.
Investing does not require hard work, you are just smart because you invested in the early stage where crypto still has more room to grow.
That's my understanding why I am here, honestly, I am a hard worker but at the same time I also work smart, combining the two will give good result IMO.
IMO,crypto is not a quick rich scheme.You can't simply become rich by investing at the cryptos,it might happen but you can't simply rely on the crypto currencies for your source of income. the guy above you didnt said that he is only investing alone in crypto . he said that he is also working hard together with investing . i salute him because that is the real key to becoming rich while other's cant simply follow that rule . they only tend to invest alone in cryptos without having any back up plans like working for a real job because they believe that crypto can make them rich overtime . thats also the reason on why most them fail and bash crypto upfront . |
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Lol, cloud mining is nothing but a counter that changes some numbers, making you think you have mined something, somewhere in "cloud". I agree that people should no longer believe in cloud stories.
yes that is the definition of a cloud mining . you are mining via others hardware . they will only provide you counters or numbers of the total coins that your rented miner have mined . cloud mining is really profitable before when the time that bitcoin is not yet popular because the mining difficulty is not yet hard that time . now most of the cloud mining sites are only scam so beware . even mining on your own hardware is not really profitable . why cant we just invest or buy a bitcoin ? that is more profitable imo . |
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Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.
in my opinion it is a good thing but still have to pay attention to the rules that are in that country because it involves the state's income through the taxation sector, but if all of them have been given permission then that is a good thing, because many people already know btc. what rules ? there is no rules to be followed because as i said earlier the country of the philipiines is verry open to cryptocurrency . crypto isnt also taxed but by using the coins.ph users are getting taxed because its not a typical wallet . I'm glad to hear that. But it seems to me that it is very rare trend in the world.
Just for the record. In my country 90% people don't know about BTC. But I believe that BTC(and other cryptocurrencys) will be more popular in near future.
no its not a rare because this isnt the first wallet or the first country that offers that kind of service . philipine is only following the idea of others because on that country cryptocurrency is 100 percent legal the problem is only the adopters or the people that didnt know it . some are still thinking that crypto is a joke coin . |
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t I think in terms of terms of taxation bitcoin can affect the financial institution because we can buy or pay anything without tax and government has no income in every transactions that bitcoins had.
bitcoin itself cant be taxed but the goods that you are buying online can be taxed . aside from tax , we also pay for the transaction fees . crypto is pretty costy to me if used as a currency means . This idea of getting rid of fiat completely to me is a fallacy. In my own opinion crypto and fiat can co- exist without this constant rancor created y some crypto enthusiasts who know little or nothing about the finance world..
fiat money wont ever be replaced by a cryptocurrency because like what others said , not all have the ability to use it because they are lacking of knowlege and they didnt have the required resources to run a crypto . i agree on you that crypto and fiats will co exist together , infact its actually happening today . |
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course yes . infact we are already doing that and ever since bitcoin discovered on the year 2009 , it is already being use for both purposes . its only upt to the user if what he prefer on his bitcoins but im aware that lots of people are now using thier bitcoin as a form of investment tool because they think that its too valueable to be wasted on some items or on some services online . better if they can hodl it so that they can earn more income in the latter stages .
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