Comparing crypto to fiat, there is no difference. There is no fair distribution for people. When I check the rich list of any crypto coin I found that there is no difference from the fiat rich list. Just a few people have the majority of the wealth.
Money rules the world, and any asset with monetary value would be owned by a small percentage of the population. Bitcoin was designed to be a rivals currency and offer freedom to those who did not like the monopoly and activities of banks. Every system has it's flaws and would not suit everyone, but with digital assets we all have an alternative. Other physical assets like gold have also been controlled by the financial sector. Bitcoin would create a revolution, it would take time.
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It is good to rely on your own research and analysis. But the reality is that this space is dominated by noobs witg little knowledge about cryptocurrency, hence we have this forum which is meant to help and teach the public through community learning. Other popular sites has also taken up the cryptocurrency debate. Always rely on your research, but do not limit your tools. Use vidoes, documentaries, ebooks, online searches and occasionally expert advice
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At this point I would appreciate if some .ore experienced trader or enthusiasts could draw up a series of scenarios of what to expect when we are actually going into a bull run, based up previous experience and the current state of the market. Not all good news or little rises signify a bull run. We might yet be a long way from a bull run, possibly last two quarters of this year.
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On the other hand, there are many inconvenient conditions such as controlling the market more actively than long-term investors
Traders do not control the market, it is impossible to control the market. It can be manipulated to an extent, and the chances reduces as more investors come into this space. As a trader you forecast the next direction, using charts, technical analysis and other available tools, news and media publications. There is also an arbitrage option as well as a shorting option.
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I do not use Binance often, but as most others on this thread, I do not experience any such issues when using their services. Do you have such crashing or lagging problem on other sites you frequent on that device, as the problem could be from your end. It is the largest exchange by market cap with millions of dollars in trading volume daily, it's unlikely such an issue goes unnoticed
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This seems to be a shill, but arbitration is a much discussed topic in the cryptocurrency space. How quick, efficient and safe are both exchanges? And if there is an automatic transfer between them, would the price not even out over time as it is determined by sellers and buyers?
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I understand that the content of the post is a out recovering lost bitcoins, but it could also be applied to this email who feel they have lost their investments, as we are deep into a bearish market. Never give up! The market may be down now but it has a high potential to grow and dominate the financial sector.
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Give the ATM operator a call. I'm sure it has something to do with the fees of the transaction. If not, you should be able to talk to a representative about it.
This would be the best option as it seems the transaction made at the ATM was never confirmed even though the user got the message in his/her blockchain.info account. It could be a technical issue that could be resolved. I know blockchain transactions are in reversible, but as the second translation has had no confirmation, would it be possible to cancel the transaction?
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I am much more interested in watching feature documentaries which targets the actual technology, than movies which would have to include back stories to make up the set. Books would be the best resource for learning and improving ones knowledge base on bitcoin
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Suspicion such as these is the reason for most of the skepticism around stable currencies. They are backed by actual currencies or assets, this defeats part of the purpose for digital assets, which is decentralization, as the developers try to achieve stability in an otherwise volatile field. But with back or transparency, comes huge risks.
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I did not like the statement about looking back at price fluctuations. It would have been better to say let's look back at the progress and product development. Overall it's a good video, considering it was not a professional work. Good graphics and narrative.
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I think predicting bitcoin price is impossible, because bitcoin price is really unpredictable base on the unstable price.
Predicting the Bitcoin price is impossible, but the market reacts to external factors, and it is possible to predict tge market trend based off on news and publications and also the opinion of the public towards it at that time. FOMO or FUD? I have also heard arguments about how the current protocol considering the cost of mining can not sustain large growths, reason why the price crashes soon after rising.
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Firstly, these listed companies are not in competition with bitcoin. And they also have far more users using them, this is not a good metric with which to gauge the progress bitcoin has made. It's better to compare it with other means of transacting, like PayPal
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stop trading, just buy. Hodl in your own wallet. anyone who trades is a bear. you win by trading but never bull run.
This makes the initial post clearer, it looked like an attack on the two exchanges cited. Your advise is that we all hodl and lock up, it's not a bad one, but you can't tell other what to do with their money, especially as some profit from trades, it is an essential part of the market, and we can have a bull run with it
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Relaxing and exercising patience is easier said than done. Especially for those who did not experience that previous bull run and probably both in at the very top and are at huge losses. But it's the only option right now, hodling and waiting for a spark to trigger a bull run
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The bitcoin price has become much more stable over the years, and will get more stable as time goes on, and it becomes more wide spread.
I am of the opinion that accepting Bitcoin as a payment option would facilitate it's price stability, and not the other way around. Yes, it has become more stable, but is still has speculative value and would remain volatile until it is pegged to real products and services.
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Many of the old ways of earning bitcoin is still viable even today, maybe not on the scale it used to be at, but through, mining, trading, investing, marketing your skills (services). Faucets and lending has all but fizzled out, and I'd advise against those two means of earning bitcoins.
There are also some Bitcoin paying bounties here on the forum. Competition is stiff and difficult to get in as there is a maximum number required and it's rank specific.
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Block chain is originally a mechanism for tracking the digital currency Bitcoin .
This statement is incorrect. The blockchain was not created by Satoshi Nakamoto, distributed ledger system existed before Bitcoin and dates as far back as 1991. It is surely not originally meant to track Bitcoin. It was modified using the proof of work algorithm to create a secure network for transactions.
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I think bitcoin can really enhance the lives of people living in Africa. I mean, their overall economy is terrible and people don’t really use banks there much. But with bitcoin, they can just skip the banking part.
This is your opinion and I can categorically state, that the state of the economy here is not all doom and gloom. And no, people use banks very actively in Africa. Bitcoin may not 'enhance the lives' of people living in Africa, as it needs Investments. The blockchain if implemented would streamline so many sectors and would facilitate actions which would normally take ages to document. It would also Improve transparency, and hence reduce corruption.
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Anyone who has ever googled bitcoin would be aware of this bug which was discovered during the wee years, and is the first and only time a bug has been detected and a hack happened directly on the Bitcoin network. Subsequent hacks were implemented on exchanges and other sites related to cryptocurrency but not directly linked with the bitcoin network.
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