These smaller exchanges will always be needed to listed the newer coins that have a low volume of trades. If the coin is popular with regular trading activity then the house will make a tidy profit, enough to keep going. It just needs at least one good almost exclusive coin to survive
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I don't think it has a long term future, when bitcoin transactions become as fast as litecoin then they will both be "lite coins". It will negate the need for both bitcoincash and litecoin so always stick with the king of crypto
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America is influential in all aspects of the global economy so if they make bitcoin a national currency then most other countries will follow. I don't think it will happed in the next few years, but I think it will in other countries - especially in developing economies.
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Is there going to be a progress report published for Q2? We are reaching the end of this quarter period and was wondering what stage we are at regarding development of the product. I think listing on 2 exchanges is fine for now, other marketing will be needed though
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If everyone follows the news then we will have volatility in the markets due to huge swings in the price going up or down. It would be better for the market if people held on to their investments, but sadly this is becoming more like a pump and dump arena
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It actually goes up and down more than regular currencies so it can't be compared with fiat, unless you are referring to countries like Venezuela. Ironically, it is in those countries where hope is riding on bitcoin to provide a more reliable currency that can hold it's value
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Some are being encouraged to give 0% transaction fees to help with widespread adoption. Perhaps it is due to the competition that bitcoincash provides. Either way it is good for business as it encourages consumer spending wherever it is available.
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There are all interested in bitcoin because potentially it can make them super rich! However, it is the same reason why you and I are not bankers playing with the stock market. We are not familiar with the process so we all stick to what we know
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After half a year the altcoin market has not recovered so it's possible that this could be a long bearish period. There have been signs of pumps but it's more like a series of bull traps so far.
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I think now that people are familiar with mt gox selling off their huge horde of bitcoins people are less willing to invest when they will simply push the markets down again. It needs big corporate investors to join in and get the markets going again
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It pumps when there is good news and then dumps when an exchange gets hacked. Even if bitcoins are not taken the price still goes down and the rest of the market with it. We need more people like McAfee to keep shilling the markets
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I wonder if it will slowly pump as we get closer to the listing date. As it is not available yet there won't be a massive pump right now but when the time comes there will be a massive spike on the charts from those that only trade on coinbase.
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I think it is too early to buy anything in the market now. I will wait for stabilizing Bitcoin price. I expect that in the nearest future Bitcoin will continue dropping under $3000. That's why the best decision now is just to wait out of the market.
I don't think bitcoin will drop to $3000 unless there is something really bad like coinbase getting hacked. Bitcoin confidence has not disappeared and it will soon go back up again. The time to jump in is now!
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Who voted for cryptopia Not saying it's a bad exchange, I actually like using this platform because it is simple to use and has a great variety of coins. It's registered in New Zealand so it's a legitimate company, not like these new zero volume exchanges that are cropping up
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This is the problem with bounty work, some projects do not pay up and others change the terms of the payment. This leads to fudding of the project and has a negative impact. Go with bountyhive or find a project with a good bounty manager to ensure it is done properly
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I would spread it out onto multiple exchanges. Coinrail was hacked recently and that is a reputable exchange, so the only way to secure your funds is to hold some in your own personal wallet, and spread the rest out on different exchanges for trading with
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Yobit is good as a test bed for trading bots. There are a lot of low cap altcoins there to test it on, some with virtually no volume at all. Trading bots on high volume exchanges would need to be rock solid to make a profit on
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It would better if they used under the counter trades, I guess this is what they are doing anyway. Last time they sold en mass at the exchanges the value tanked so they will want to avoid that otherwise they will be left with nothing
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Muslim countries are not known to be big investors of bitcoin, and it was only quite recent that bitcoin was declared legal according to Sharia law. I don't think Eid has any effect on price at the moment, but perhaps it will in future
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There is an element of risk in all investments but bitcoin is certainly a bigger gamble. However, this risk is irresistible because the potential gains are much higher than all other investments so it makes it worthwhile.
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