I think that the amount of cryptocurrencies stolen by online crimes is highly underestimated.It's way more than 2.28 billion USD and it will only go up in the next few years. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Online crimes are increasing a lot,year after year and cyber security will become more and more expensive.
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Congrats on having the opportunity to buy food and drinks directly with bitcoin.I can't do that in my country. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Perhaps the merchants,from whom you are buying the food and drinks gets angry every time the bitcoin price goes down. Anyway,the crypto market exists because of the speculators.Without them,the market would have been dead by now.
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i am torn between your title that is inviting people to make random guesses in any time frame they want, and your own vague but obvious statement about price being higher and your signature that is contradicting all that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) now i'm not sure if you are trolling... Well,this is the speculation forum.Everyone can write whatever he wants about the future bitcoin price. For me,the bitcoin price will be 20,020 USD by the end of 2020,which is pretty good combination of 20s. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I don't get what the OP means with his signature about higher and lower.I guess he is a die hard bitcoin bear and the bull trend makes him kinda frustrated.
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We know many quite old and trusted casinos like Primedice, Safedice, Crypto-games etc. And yet I see there are many new casinos appearing like Bonanza or BtcDragon. Do new ones have a chance of becoming popular nowadays? And what can bring populatiry to a new casino? I think new casinos attract investors, because there is a low bankroll there which strengthens such casinos. What else can help? Do you think a signature campaign makes big difference, for example?
The new ones have the chance to gather all the disappointed players from the old ones(if there are any). ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Usually the new casinos offer generous bonus programs in order to get more people to signup at the beginning .With a well prepared and big enough advertising campaign,every new casino has a chance to become successful and compete with the old casinos.
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You should read the books of Karl Marx,David Ricardo,Alfred Marshall and all the classic economists,instead of asking questions that can be considered stupid. Nobody is saying the the whole foundation of value is the rarity.The foundations of value are the costs of production(labor+other resources),utility and in the end comes rarity.
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In 10 years from now a quantum computer will have sufficient computation power to give a 51% attack on the bitcoin network.
Please discuss.
In 10 years Bitcoin+blockchain: 1.Won't exist. 2.Will improve to a level,in which quantum computers won't be a threat,they could even help. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Let's hope that the second option will happen. This topic has been discussed 100 times before,so it's pointless to ask the same questions again and again.
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Wow,I'm surprised by the statement of the Belarusian president.Building a nuclear power plant and mining bitcoins in order to sell them.I though that Belarus isn't bitcoin friendly at all. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The other leaders aren't talking about bitcoin in particular(except Trump).They are just talking general BS about high tech development and blockchain adoption.
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When it comes to poker,hard work and practice can pay out in the long term. However,there's always a right way and a wrong way to practice.The gambling addicts are going the wrong way,so they never learn from their mistakes and never gain any experience and knowledge.I'm not a poker expert or trainer,so I can't write about the proper way of training poker. There's no hard work in the 100% luck based gambling games. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Oh,come on.The Donald Trump crypto tweets topic is all over the forum during the last few days. Can we just STFU about it? ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) The bitcoin price is now stable and the FUD wave is gone(for now).Donald Trump might not be president after 2020. If bitcoin gets banned in the USA,it's price will go down for sure,but the blockchain will survive.Americans will have to use VPNs or Tor in order to trade BTC after such ban.
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bitcoin hold several around 7 transaction per second
the ethereum blockchain currently supports roughly 15 transactions per second
nano is better but
compare to
the 45,000 processed by Visa.\/
Bitcoin can hold 7 transactions per second,but what about the offchain/sidechain solutions that are built over the bitcoin blockchain,like Lightning Network? For me,scalability isn't such a big deal.Decentralization and security are more important that the transaction speed or volume.
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I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.
XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.
You posted this on July 17.Four days later and BTC is around 10,520 USD.Your short term prediction was wrong,OP. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How can altcoins recovers if 99% of them are just lame bitcoin clones and most of them usually follow the bitcoin price movements.If bitcoin goes down,altcoins will go down as well.Last year,some altcoins were pumped,while bitcoin was in a bear trend,but that was mostly a crypto whale manipulation and it won't happen again anytime soon.
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I understand this theory but,to oversimplify things a little bit,the more you gamble the bigger the chance of losing everything. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) What differentiates a good gambler from a bad gambler is the fact that the good gambler knows when to stop,while the bad gambler just wants more and more,and eventually he loses everything. It's all about self-control and psychology,not mathematics.
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That's why I'm afraid that bitcoin will never go above 15K USD.The moment is goes above 15K,the US government or FED will try to destroy it by creating some insane regulation or by a direct crypto ban. Libra won't be even a cryptocurrency.It will be a centralized token and the fiat fanatics are still hating on the facebook project.
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Why do we even have to discuss this?MLM marketing A.K.A network marketing is a fiat scam.Bitcoin is a currency.We can't compare them.Some idiots on the mainstream media keep saying that bitcoin is a ponzi scheme.How the hell can bitcoin be a ponzi scheme?I don't see people online or offline desperately promoting btc as if it is a product.
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It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
This price pattern can be seen in almost every asset that has a limited supply.Real estate properties in some specific locations can also have the same market price patterns. The FOMO hype is always building slowly,while the panic selling comes always faster and has an instant effect.
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There's no "gambling system",when it comes to dice sites and flipping coins.Everything is just pure luck. The only gambling game,where you can apply systems and strategies is poker and even in poker,the amount of luck needed for success is still significant.
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2014?I remember that bitcoin price was $300 back in July 2015 and I sold my first 1 BTC here at Bitcointalk. I was using Coinbase as well,but later I got disappointed with their service and delete my account there. I was too scared to buy bitcoins from Coinbase due to all the horror stories of people,who bought BTC there and were waiting for weeks to get their bitcoins. Those were the teenage years of bitcoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Interesting article about the death of ICOs and the emergence of IEO... https://cryptotradernews.com/investing-trading/are-icos-really-dead/What do you guys think? I don't think ICOs are fully dead. They just need to be regulated in more efficient ways. Most ICOs from 2017-2018 never delivered on their promises because they were being ran by a bunch of assholes who didn't deliver squad... We need more regulation. Only then will ICOs get better imo. Technically ICOs aren't dead,because every guy with little coding skills can create the crowdfunding code that was based on Solidity and launch an ICO(with a whitepaper,website+hosting).But when you think about the overall media coverage and the lack of buyer/investor interest,yes,ICOs are dead. I don't believe that investors are going to buy tokens from ICOs,even if the ICO has KYC verification.
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There wasn't any 2017 crash.There were some price corrections but the bitcoin price was going constantly up during the entire 2017.Do you mean the 2018 bear trend? We can't analyse the bitcoin price based only on the 2 month candlesticks movements. Price patterns that happened in the past won't happen again.This is a well known rule.
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Learn all you can about trading in stocks and forex so you can apply it to Bitcoin and other Cryptocurrencies. Forex is a good one because it is also manipulated by governments so you can learn how to deal with that.
I would recommend you read Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas. I thought it was a book about trading techniques but it was not. It was a book of psychologically why we make decisions we do when buying, selling and trading stocks or anything else like Bitcoin. It was tremendous in setting me free from a lot not just in trading but in life.
Yeah,unfortunately every market is manipulated.It doesn't matter if it's Forex or Crypto.The manipulations kinda make technical analysis worthless.Learning the psychology behind trading is a good step towards gaining knowledge about the markets.I wouldn't read all the books of Mark Douglas,since there's enough info about them on Youtube,where they are summarized into the most important information only.
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