I will go for bitcoin because bitcoin is more universal then the dollars, think of it this way to send bitcoin to any one in any part of the world is very easy and fast it transaction can be done at any time. But it not like that with the dollars you have to go to the bank make the deposits pay high fee and wait for days. He can choose USD than bitcoin because USD still be used in all of the transaction processes and he uses USD in his days without a problem. He cannot use bitcoin because he cannot find which store that will accept bitcoin for the payment system. But soon, after many stores online and offline accepting bitcoin as the new payment system, I guess that he will try to use bitcoin in any transaction, he will reduce his transaction in USD but add more transaction in bitcoin. When someone can feel comfortable to use something, he will stick with that in a long time.
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The reason for this is that among the goals of central banks is maintaining price stability and promoting employment. So if they warn investors of an impending doom, it would become a self-fulfilling prophecy. Nonetheless, skepticism of central banks is merited, in my humble view. We like bitcoin precisely because it is immune to the shenanigans of central banks.
But bitcoin has the potential to be used as an illegal transaction, and we know that may be right now, many illegal transactions have been confirming by the network, but no one will know what that transaction is. Besides that, the Fed was not acknowledged all of that, and they pretend that they are clean institutions. Maybe that reason will be true, but once again, we don't know what their plan behind all of this is, and we could only guess. They don't want to be honest to the public because sometimes if they are honest to the public, that will make the public getting more panic.
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I am not sure if that will happen to bitcoin, but for the other coin, it could happen. Bitcoin difficulty will increase, and without using high-end hardware with big power, we cannot get a reward which will cover our electricity fee. But if you have free electricity, you can use any power, and that will be a profit for you because you don't have to pay the electricity, maybe you need to give attention for the maintenance of the hardware.
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I don't suggest to new people to do margin trading because that will be too risky for them. It is better to trade with the usual exchanges like binance, bittrex, or poloniex and let them familiar with the exchange and they can learn the basics of trading first before they start to do margin trading. Margin trading will need more skills to predict where the price wants to go, and it's not easy to do that without having the proper skills. So maybe you need to trade on the website I mention first and while you can learn more about trading.
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Some of them are honest, but others are not. You don't know who will be honest if you don't follow them, but that is not advisable because that will cost you some money to find the truth. It is better you learn by yourself in many ways so you can analyze the market without depends on them, and the best is you can improve your skills from the analysis you learn.
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Hey there, I'm new to trading cryptocurrencies. I'm curious what kind of strategies successful crypto traders employ? How did you learn to trade? Did you have a mentor or learn by yourself? Are there any books, videos, or other resources you recommend?
There are so many strategies you can learn, but my suggestion is you don't need to learn all of the strategies in one-time, but you need to know one strategy first until you really understand how it works. You don't need a mentor to learn because you can do by yourself as long as you can find the right place to learn the lesson. My advice is you can watch some video from youtube or reading an article about the strategy so you can try to apply it into the trading exchange. Maybe it will need time before you can understand the basics of trading, but it is worth to do because if you can learn step by step of the lesson, you can be able to improve your skills in trading so you can move to the next lesson of the strategy.
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No, I won't do that. I am sure there are many ways for us to keep our private keys in other places and not tattoed our body to protect the keys. But if you want to do that way, then you can do it in anytime but make sure you can hide it with care.
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The scammer is at anywhere, online or offline. And with the growth of the internet, this will open a big chance for the scammer to trick or lie many people just to get their money and then run away. We could prevent them by always careful, but that will not always work because they will always search for new ways to scam people. The will always search for the new target because they believe that there will be new people who want to know about anything and that will be their next target to get their money, so be careful.
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I hate him. he fraud many people by regard themselves as satoshi. and in reality he only wil to find popularity behind the name of Satoshi. I read in the media that there was a lot of false evidence and he could not prove it as the original satoshi. I don't want to hear about him.
We cannot do anything to him, and we could only wish that he will stop for spreading the fake news so the public will not get false news. Let the US Govt say like that because they can do that and we don't have to listen to them, and it's better to leave this as a mystery. If the time is right, the real Satoshi Nakamoto will show himself to the public (or he will not ).
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It has been 2 years since I found out about ICO's and it was very great back then most of the crypto was being pump when it hits the market. But now almost all of the new crypto from ICO/IEO has been dropping low whenever they hit the market. I thinl it should be enough I haven't seen any good project for one whole year now. I already had enough I think I would stop supporting it now.
That is my reason to leave the ICO and don't want to join in any ICO as the investor because the last time I join with one of the ICO makes me confuse about the distributing the token. Maybe right now, the ICO is only for an exit scam for the owner of the project after they collect huge money from the investor. And if we want to join with them, then there is no other way we can do besides of research about them, find as much information about them, and never join because of someone asking us to join. We need to find what is their benefits than the other projects, so we don't get scam by them.
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Then I think that the site is not a good gambling website because they delay the payment. Did you ask them by contacting the support system? Because if one gambling site has offered something good for the gamblers, but they don't have an active support system, then we need to curious and suspicious, why they don't reply the message from the members. And if we wait for days but they still don't reply to the message then the site could be another scam or they are very busy to reply one by one of the messages from the members. My suggestion is to give them another time and let them reply to you, and if they are not giving any reply, then you need to leave the website and moves to another gambling website.
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Many of us become a gambler by coincidence, and many of us playing gambling because of an invitation from a friend. They were asking us to join with them in a dice game, and they give some of their balance to us. So we start to play without thinking about win or lose but soon after we are lost at any time, we think about how to win the game, so we still trying to deposit some amount and then continue playing. Some of us can win, but the others are losing the money and make them deposit another money. And if we don't realize to stop, then soon we will be a gambler and the worst, we will become addicted to gambling.
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But the bottomline, no matter what the scenario is, house will always have their money and a gambler will lose all his money when he doesn't know when to stop.
That is what gamblers need to know and should always remember. But the problem is they never get it from what they do in gambling and they still playing games. But if you don't mind to lose the money by using a limit, then you should not worry if somehow you lose the money. We all see many gamblers lose their money because they are trying to beat the house, but they continue playing. It is hard to beat the house cannot, but we will be easy to lose the money.
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There will be so many possibilities for bitcoin price to increase, and we could only make a prediction related to the price. But the truth, we still don't know how much bitcoin price could reach in 2020 and I think we could wait for the year will come. And if the price could reach more than $20k at the beginning of 2020, then that will be a good time for us to sell some bitcoin so we can be prepared for the down of the price for a moment before it will increase higher than that price.
we really don't know how much bitcoin will be in the future. however, the potential of bitcoin is indeed very big to estimate. well, now we are in mid-2019, if this year the price of bitcoin is able to reach a price of $ 13,000, I think in 2020, the price of bitcoin can reach a price of $ 20k, it will become a new ATH. Bitcoin can reach that price in the future, but we don't know if that will happen in 2020 or not because the price could go anywhere. We could only hope that bitcoin price can increase more than $10,000 in this year so, in the next year, the price can rise higher than this year. We still have 7 months to see how high bitcoin price can increase so everything can be possible, and now, the price still trying to break the higher price and I see the big chance to get a new higher price.
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I don't use Elliot Waves as my strategies but maybe for people who uses that strategy can say that it works for them. To understand how one strategy will work needs time, and it's not easy to recognize the pattern in every strategy. For me, besides of using the strategy, I was usually watching on what happens in the market, and sometimes, I forgot to use any strategy that I know because the market moves too fast and I can analyze using one of the analysis. But I can analyze directly by looking on the market, and that will work well for me.
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Should there be a comparison between gold and bitcoin? They have very little or no similarity, gold is physical bitcoin is not. Bitcoin is based on blockchain technology, gold is not. The only similarity is like most commodities they have monetary value
For some people, the answer is yes. But for the other, I think they don't bother if there is a comparison between gold and bitcoin. Bitcoin is a new thing, and it could have the possibility to be a new currency, although many people in out there will not agree. But if bitcoin finally become a new currency and it's available in all country, then they cannot do anything.
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So if the title says like that, we still have a chance to see Chinese will still use blockchain, and they don't really want to ban the cryptocurrency. I am sure that they will get a fast developing for their country and that means, their country could compete with the other big country. Besides that, by using blockchain technology, they can solve the recording of the transaction, and it could be more simple to access.
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For this year yes, BTC has reached the all time high in 2019.
We are not even half way yet, but I also believe a new ATH will be achieve before the end of the year. The difference this year compared to 2017 is that the bull run started early (hopefully will not end early too), while in 2017, bull run started in the last quarter. Many analysts think this year Bitcoin will reach the price of $ 10k, but to the current market situation, I think BTC will quickly do this in the third quarter of this year. I believe bitcoin can reach $10k or more in this year or the next year. But I won't say that it will happen soon and without any correction of the price because once the price makes a new ATH, the price will be getting down for a while like what we see today. But we still don't know how much the highest price of bitcoin the future and we could only predict.
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That still too long for us to predict for bitcoin, ethereum, and ripple. But those coins can become mainstream in 2024 if there are more supports to that coin, especially for bitcoin. And if the support will happen to ethereum and ripple, then we might see that those two coins can be used for real life and for making a transaction. But that still on the prediction and I think it's better to see what will happen day by day.
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I already saw #1 in my friend laptop, and I see with my eye when he shows me an example to send some bits. He adds another wallet in the recipient address, and then the address was change by itself, and I see that is happening. But if he writes down the letter by himself, the address will not change so he can send it to the correct address. In the end, my friend bought a new laptop, and he says goodbye the old one, thank you for your support so far.
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