It can be all possible if criminals and even in government would like to play illegalities. https://www.elliptic.co/our-thinking/bitcoin-money-launderingThese are some ways how criminals and some sort of illegalities run through crypto/bitcoin. They can easily hide transaction as they stay anonymous but the government has already traced some of these things and put into jail. But it is really a tough job for them, in fact, for a number of illegal transactions using crypto, only a few of them have been caught. We can't deny the fact also that some big personalities might be one of them and somewhat protected which no one could dare to touch them. Money have power and that its how crypto may work just like fiat.
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I think this was more about being afraid than anything else at this point. People are scared to put money back into bitcoin because they are afraid that if they put money into bitcoin they may end up losing money.
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It an ease people when they are in doubts and it fuels more if they hear the news just like they heard by now. They are too much speculative and it even triggers negative thought which it feels that they could only suffer losses rather than having money. Too bad to look at by thinking that they are confused about what they are doing today and what exactly they would like to do in the future. I understand that they have a reason to decline but one thing I could suggest to them, better to have a positive insight in the future rather than to think of negative today cause it never works great and also it affects their decision. If they don't understand crypto, it is better not to be a part of this anymore.
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This holds true other way around also, when BTC goes up the price of altcoins also goes up. Right now BTC is going down and so are altcoins. For many its a frustrating situation but I take it as a buying opportunity. Smart investors are not panicking at all rather they are silently buying crypto of there choices. Make a smart move now before it gets too late.
For the current situation, it is good. there are a lot of wise investors that didn't make any missed the trend. they know how bitcoin actually move and bitcoins downfall they already sell and now they are buying at deep and still reading the market. be wise enough and don't let your guard down to observe the trend of btc. It is good for the people who want to make money and know the potential of bitcoin and dump actually helps people to buy it at lower price and make money easily when the btc rises . This year has being again the roller coaster ride for btc . We've been actually riding a roller coaster since from the very beginning and isn't surprising anymore to see price fluctuations all the time. We have to keep in mind that all the changes we are experiencing today aren't just because of market manipulation, we are in the status that the market demand isn't strong enough to drive the market goes up. I'd never felt that there is a need to be panic, the same thing to sell our coins today cause there is a big chance that we will be turning back again to the bullish once halving is done next year. I know most of us here are too disparate to see the market don't even move high instead of falling down. But we have nothing to blame for this cause that is exactly how the crypto market meant to be.
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I disagree. People just don't take drugs or alcohol to destroy their lives. Many of them are just into depression, after all, in all truth, life actually sucks. It's not a bed of roses for many. Drugs or such are a way to physically suppress the mental agony, not that I'm recommending it.
However, gambling addiction is worse than drug addiction. Drug addiction atleast has a benefit that it reduces depression, but gambling takes away from you, your health, your money, brings depression.
It is already a different matter because drugs and alcohol are very influential on health, body, and mind, need to be distinguished between habits and addictions. The consequences of gambling are not more severe because it is more psychological with material and objective thoughts, this can still be cured naturally, especially when they realize they have nothing to facilitate their gambling addiction anymore. Some of them will fall, but most will succeed in recovery, all they do in a conscious state even though sometimes without control. Both of them will affect our life the same. Being in addiction will consider it also as habitual actions that a person will do. They are totally out of control and ruining their lives and their family. Drugs and gambling addiction will give nothing to us. Yes, they are of different sources but the result will be the same and lead to us mental disorder of not given a cure. But to think which one is the worst, it probably drugs addiction...it won't give anything in return unlike what will happen to gambling which we could still have a chance to win and make some money.
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It's a cycle, so whenever a new project pops everyone would like to see and look for the decency and legitimacy of the project. And if they think that it's quite good enough for them, they'll look after the rewards and join later. I guess everybody is aware of that situation of this cycle that a new project has more chance of failing than succeeding but they keep on trying because that's all they want to do. So, no question on why they keep on promoting it but they have to be picky and choose the legit and avoid the scams.
Even you are a picky person but you can't simply find out that a certain project is legit or not cause most scammers now are smart enough to hide their intentions and looking they project, you can't feel that it was scammy one, and you can just figure it out later. Sad to know that most bounty hunters become a victim to this and waste their time promoting for nothing. It was really disappointing into their side but isn't a reason why we quit, if we keep moving and keep searching, we can finally find out best and legit projects. Huge rewards are really tempting but this is also a way to hide who really they are. We'd never look into that but rather to look inside and to find that they are promising enough.
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These are not tips but the basics before you start trading. Following them may expose you to losses.
That's why I included newbies in the topic, to show it's for those who are just (about) getting into trading. Trading us a broad topic and I only highlighted simple steps a newbie should take. Losses are bound to come in trading, but I do not see how following basics could expose you to losses. I know what you would like to emphasize and newbie must do before to start in trading. These will be simple hints and exactly basic tips to avoid possible big losses. Yes, it can be of simple and quite to say but really hard to make it. Anyway, that will also depend on how we manage ourselves. Many traders suffer big losses not because they start big or whatever it say on the OP, but it is because they really don't understand what they doing. Trading is risky and of course, it needs hard work to make it find and successful.
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My top concern is shitty coin that keeps coming to scam people of their bitcoin after then they dump their bad coin on investors while they go and enjoy the bitcoin. This has made investors to be fearful and new comers viewing cryptocurrency as a paradise for scammers which is not true.
We can't blame them either cause that is what we could see right now. Definitely, we can't get assurance in crypto investment especially when you are investing new projects. But if you know already this kind of drama you know what would you do in order to keep safe. And with that, I will raise some concerns that I think and most of us experiencing this one; * Exchanges exit scam *Sprouting of new projects( shit/scam) Fees can be manageable (depending on the exchanges we used) Wallet safety assurance- will also matter because it is prone to hacking but we can avoid it if we handle our keys carefully.
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Depending on the market trends but mostly I'll just keep my trades less than a week. In trading, we have to act wisely and we must also know the word "ENOUGH". What I mean is that satisfaction...People are often to hold too long in trades cause they want more profit and that makes them become a loser in the end. Cause for me, having a 1% profit is good enough, but I don't think that it will satisfy the others. I always try to hold on a trade until it goes to 5-10% profit.
I'd looked that greediness will never work in trading instead it makes traders be out in patience and disappointments when they never achieve their goals.
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It's okay to lose as long as you learn something in return and that's your investment—learning through the process. Don't just quit easily just because you lose a lot from the market it takes time before you even master the skills of trading. Don't stop believing and learning everyday because someday you will step the foot of being one of the whales. It takes constant practice and learning in order for you to achieve the trading strategy.
But some people never look that as an investment instead, they consider it a trap and then quit. Whales are not quitters, they are risk takers and has smart thinking more than enough to manipulate beginners mind. If noobs will allow this one, they just consider themselves as prey to the whales and beaten up. That is why whales will getting richer and richer cause they know exactly what they are doing and never mind the risk they are facing.
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Spreadsheet has been updated and already sent to owner. Payment will be done as soon as possible. @TalkStar, I would like to inform you that I will leave your campaign for some reason. Thank you TalkStar and Natural8.com team for a week of stay at your campaign. Good luck and hoping for the success of this project.
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Signature and avatar (will appear in few minutes) are already set as I've promised. And this will also mean that the start of my post count.
Thank you again for your consideration.
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the rate at which new IEO platform is coming out these days is alarming, people are even skeptical about investing to avoid scam . we thought ICO was the only way investors could be scammed but now a days we see exchanges scamming developers and causing investors to lose their money. people have really learnt and very soon it will be difficult to trust and invest in any crypto project during start up.
As we can see that investors are more careful by now. They never look IEO as a tool to become profitable but rather to see that most of them are just garbage. For the bad experience that it happens previously to them, it wasn't easy to give back the trust. It is to believe that the market had changed already but we couldn't be confident enough to invest IEO project without even seeing it's market potentials cause it somewhat to think that it possibly be ended the same to ICO project before( full of scam). Yes, they surely learned a lot and so they don't want to be fooled again.
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I do believe there will be a privacy coin that will be able to be used such as Monero. The government black op agencies will need to launder the money some how and a rogue privacy coin will most likely accomplish that. Hopefully we can hide among them using this currency.
And you think that Monero is the solution to this problem? Cause I don't think that Monero could help. Mass adoption can't be real, we can't disclose to a certain thing that fiat would still exist and even used by the majority. Crypto isn't really in much appreciated by the community instead, they keep thinking that crypto it never contributes good things to us. May the government regulating bodies will have a big role for this and to acquire such adoption for they will change their mind and see the good thing with the use of crypto.
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Trade isn't slavery it's a competition, everyone is free to get involved or not, that's your choice. Fake volume, buy-sell walls, bots, high fees are the reasons why someone can choose to stay away from trading, no one forces you to do it. Once again, it's not problems in bitcoin, but problems for traders, they know the risk hence they deal with it.
If OP knows exactly the risk that he facing with he probably knows what he does. He already fooled by fake volumes of a certain exchange. It is actually tempting to see a huge market volume but it can't just simply sneak to it without taking some precautions to know exactly the things behind. Cause if that only with hypes, it absolutely will make him lose in the end.
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=793182Current amount of posts (including this one):1874 Amount of merit EARNED in the last 120 days:25 SegWit BTC Address for Payouts: bc1q0dur6y9kzx76tg980qwedyxtwc9zpm76y3cw4q I hope you'll take me back again as one of your participants... My weekly cut-off will end tomorrow and I'll change my signature if accepted.
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It will die slowly same as ICO, people on some exchanges will get tired for investing on those project that doesn't have any progress or even not a project at all, since most of them just make a team and negotiate with an exchange and make an IEO out of nowhere.
That is also what I think cause it is obvious to see that not all IEO's have a good market stand the same thing it happens to the ICO project. Only potential projects that have a good journey and some exchanges are also much-taking care of their reputation for they just only listed those projects that can be trusted and they believe that it has a better future.
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A friend from my street came by today to tell about a coin named LCC (Litecoin cash) and he told me he has already invested on the coin, i asked him what makes him invested in it, like what is the real use case of the coin and he have no straight answer, after a while i found out he invested in the coin because of what a analyst said about the project, are there people like this on here? after so many scams since 2018? i decide to do few diggings and i see that LCC is not that bad but my point is why invest on a project because someone said they are good?
He actually did right. He trusted that person that makes him convince and encourage to invest LCC cause if he's not seeing it right, I don't think he would take the risk and decline. For some time we have to trust someone but of course, we need to dig deeper also if that person is trying to tell something trustworthy or not. It is in our hands to make the final judgment and so our decision. If that person says good, then why not listen to him.
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snipped...
Except for the store of value for profit in cryptocurency, Government authorizing or producing stable coin is just a way to protect laundering of fund in countries with corruption, and I dont think there is a country without corruption, it might only be concealed. it might be difficult to monitor the movement if adequate block-chain technology is not put in place. If I checked very well most people after the last bullrun move their money into fiat later on, though not all details are spell our here among investors I'd never think that it is all about market corruption concerns why the Government allowing us to have crypto. This is all because they saw that the use of stable coins could minimize the risk of losing due to its volatility. Price fluctuation is the reason why most people are afraid of investing in crypto. However, if we are only investing those high potential coins in the market, it can be assured that we make money from them even though the volatility still evident.
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~snip~
All the time there will be multiple ways to blame Bitcoin for money laundering, crimes, many bad things, but we must start that all crimes against humanity have been planned and managed with FIAT money. We haven't blame Bitcoin for these evil doings cause it has been existed before then. Anyway, we can't deny that they are prefered to use crypto over fiat because of fast and easy transfer, and the being in anonymous. Back then, There are a lot of reasons why Bitcoin can't be easy becoming a global currency one is that, REGULATION. People could feel they will be secured when they are protected by the government. Regardless of its volatility, business owners need assurance as well cause they are afraid any time of the day they will lose their money.
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Bitcoin is now a scarce digital asset only fools will think they can get it for free, some people get scammed in the process too especially on telegram, there is no such thing as free bitcoin
It sounds to be a fool when I think it before but I realize it when I really understand how it works and how people do it just to get some BTC's to their wallet. It is a crazy thing to think that people would say it pretty easy and even saying nothing to work with cause I can justify how hard it is. I challenge someone if they could get Bitcoin just sitting on the chair, then I could say that I am wrong. But for sure it won't happen and nobody dares to take the challenge.
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