Most of these accounts will cease to be used when BTC does a 180 back to 20k and beyond in the future.
True, and it's not only about BTC. Also TRX are getting a lot of FUD, mainly on newly made profiles with less than 15 posts.. People are being paid to be duds. A lot of trolls these days. I think they are destroying the forum just to create a large noise that bitcoin is a scam. But for us, its buy time and I dont let it pass because of these FUD. 100% sale today and good to make a profit the next coming month. |
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During this dump, most of the weak hand are affected by the news together with the closing of lending crypto Bitconnect. All the alts also being dump but this dump will surely give an opportunity to other investors to enter the crypto currency. Lets see what will happen by the end of the month. Just chill and watch the pump soon
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
FUD already eats his mind. Learn how the market works and also learn how to believe the potential of bitcoin as a payment. Only bitconnect shuts down and he enumerates all cryptos as a scam. |
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To be honest for nowadays I just pray for it and try to keep optimistic, due i've invested in bitcoin.
Prayer works right?  But with this type of market optimism will help you to survive on this type of trade. There is still the time for recovery and it's not yet happening so due to this we'll see the price of bitcoin goes up again maybe after a couple of weeks and get on your horses, I'm in and for sure we'll see new ATH. Praying in this kind of event that is like MTgox graph would really creeps me off. Hoping the market will recover again. The scale of exiting of investment was like 100 Billions with in a day and I think that it is not normal for the market. Buying today maybe great but dont get all your investments involve because the dropwas still unclear also with me since the Korean Ban which was already clear still makes a great impact like Jamie Dimon quote last September. |
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Just another day in the world of cryptocurrency. From my point of view, Ethereum is the rising star nowadays and eveyone is getting in on the hype, selling their alts and BTC's for ETH. Once it reaches that all time high, sell back to BTC or alts and have a pat on the back.
Last 24 hours being more or less stable for ETH and not many of the coins have given spectacular rise other than SNGLS, LRC which has moves by 30 - 40% . ETH on other hand is being the coin for 2018 till now and holding it seems to better option at present than btc. ETH Already down at 20% today. HODL more and the profit will take place again. Pick your potential altcoin today which will boom after this red maket. Although bitcoin is down, the potential of it recovering will be a lot longer because last few months, the rise of bitcoin was too fast. |
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Few months ago, Jack Ma visit our country and promoting blockchain technology and today he build his own mining. I think he belies on what blockchain can do in which may contribute in his own business. Imagine, even the banning of exchangers could not stop Jack Ma's vision on the new technoly which is rising today.
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From this was started the FUD. Many of other news already followed up because of these uncertained news. Even in crypto currencies news, there are also fraud that make a big impact in the crypto world. I think this media companies should be regulated first rather than blockchain.
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Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?
Entering in crypto currency means that you are ready to risk your money into it. Dont be nervous on an investment that your not afraid to lose. I think you have gain a lot thats why you are nervous today. We cant do anything on it because thats the way the market moves in this currency. If you want to invest to make a sure profit, go with banks and there for sure you will earn less than 1% annually. Not bad ain't it? |
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Misconception about bitcoin which I think is the common knowledge by the newbies is that it is an investment which is very volatile like making a gamble. That is why more and more people are not taking any risk on it without taking into considerations its proper use and benefit into the society.
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Now that bitcoin is traveling at a very slow speed and with a very high commission rate, I think people may be losing faith in it.
I think for weak hands is the term for losing fate. Fate will still depend on your decision on when to sell your investment. This FUD will emerge that will make the market bleed and in return, a better profit awaits for the ones who hold on it specially if its an investment that any one would expect to lose. |
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My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace. I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts? I am asking this because I intend to become rich in 4 or 5 weeks  If you spend Bitcoins at an online store and had to create an account with your name, that address can be linked to you along with transactions to and from that address. The same is true when you buy Bitcoins or sell Bitcoins on a site like Coinbase. It is really hard to be anonymous if you do transactions. Your country’s government will be able to trace many of these transactions and the transaction history. Meaning, you will be trace if your account is verified and history of transaction can be determine. All of your transaction in one address will be seen by everyone in the blockchain system. I think it will be the responsibility of the wallet owner who shares his or her address publicly specially if your a well known person. You will be in trouble if you are discovered a millionaire with bitcoin. |
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In relation to what happened with BITTREX regarding their withdrawal issue, I am now curious on what trading sites are trustable. Any recommendation? I am just a newbie in trading.
I'm quite curious about this, since I open an account before they stop accepting new users, and I was considering putting some coins there, so I could start investing in other alts, because they have a huge selection of them. I never heard of withdrawal issues, what are you guys talking about? I know no centralized exchanges are safe, but I thought bittrex was among the "good ones" right now. I have never tried to withdraw since I put a gas on my ether wallet last October 2017. Since then, I am just trading to make more profit before a withdraw this year. Also please give a reference if this issues are true. Hope the verification will be more favorable to older account like mine. |
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I am too late to learn about bitcoin? It definitely yes! Why? Because he available bitcoin is lesser nowadays. But I'm curious if bitcoin supply will growth. What if bitcoin grow it supply? But butcoin has a finite numbers.
Learn first how the market works because investing on trading will never be late because there are some projects that offers great platforms of ICO that may earn you a lot specially from their pre-sales discounts. For bitcoin, buy at deeps buy always check the news for update. It will never to late to learn because trading will be a great knowledge specially if you have profit on it already. |
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If BTC goes up, the ALTS goes down. If BTC goes down, the ALTS goes down. What would happen if they control most of BTC?
Thanks you!
It will not be very good think, if banks will control bitcoin they will fall into banking regulations, and there will be a lot of linked difficulties. Today I don't thin that it is realistic. There will be no more decentralization if banks takeover cryptocurrency specially bitcoin. It is against the white paper of satoshi nakamoto. until now I have not seen anyone can control the bitcoin including the bank.From terms of price it depends from the power of buyers and sellers to form a price, I think the bank can not do anything against bitcoin.
Because they are afraid to lose these money with whales that can make the price pump and dump. Unlike in bank, they can control every money circulating in the bank. |
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Bitcoin is independent of any country. This is his main advantage. And of course anonymity, transactional speed, security make it attractive to investors. Often money does not have such qualities.
Although bitcoin is an independent, we should be carefull using this currency. Because of volatility, no one can predict what price bitcoin in the future that would make it more dangerous for people investing into it. |
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