I think we are about to experience the repetition of 2017. This is what usually happen. bitcoin will correct after some heavy gain. While some traders might be thinking it's time to sell and wait for further dumping, it moons and never come down leading to FOMO buying. Altcoins have been badly injured by the bitcoin dominance as compared to what we saw in 2017.
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Bitcoin is not affected by recession as it's simply a case of demand and supply. We have a very low supply, should recession set into the US stock market, traders might want to trade the bitcoin to make more money and recover losses. This will bring more liquidity to the bitcoin market and force the price to shoot higher. The volatility will then increase, which is good for traders.
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How about the losses I incurred from buying a coin at the peak only to dump and I loss heavily. This is why Dex would have been a good way to go but pressure are mounting for KYC compliance dex, as a result, Idex has been pushed to carrying out Kyc for its traders.
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With what experience has taught me in a short while, I would put the money on bitcoin and trade 50% against USDT as a day trader, take some profit and always close my trade before going to bed. Bitcoin has been very impressive leaving altcoins behind.
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It's an old method almost fell for this in 2017, save for my military friend who raised the alarm of the frivolous ROI, he backed out and I too had to cancel the deal. Not too long I discovered it was a scam. I was amazed how I would have cheaply loss my money.
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Without fees, a system can't sustain itself. It will go into oblivion. The fee of changelly should be their standard exchange rate, a friend use to tell our group members that ever exchange is very cheap, never try it before I am careful of what I am not use to, don't want my money to hang.
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I love the way the bitcoin suddenly started to rise on Sunday night. I was teaching some youth about bitcoin, I gave them class work and they all got various bitcoin price quotation and the next day about $1,000 has been added to bitcoin and they were all amazed.
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We can't tell what will happen this time if we are headed to $20k. I needed money badly and I sold off my bitcoin. I will now have to teach some student to raise fund to buy some bitcoin. I always prefer living my coins on bitcoin because I am always guarantee of profit when it's bullish.
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We still have a long years to go before all bitcoin will be fully mined. This is just year 2019, we do still have about 121 years to go. Most of us wouldn't be around then when the finally block will be mined. This means miners are going to stay enjoying the benefit of mining bitcoin.
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The halving of bitcoin doesn't really mean the bitcoin will be deflamated or some will be lost. This simply mean the number of reward per block will be reduced from 12.5BTC to 6.25BTC next year. This is expected to create some scarcity and price increase.
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dollar increase is useless except when market is rising and this is not stable. Since bitcoin is measured in sat, then having more sat leads to increase in the number of accumulated bitcoin. Satoshi is fixed and constant, it's a constant factor while dollar is an unstable variable.
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I won't put $1,000 in a single coin in trading looking at the condition of the market, I did this last year and all got burnt down. The year I could afford to put $5,000 in a single project was year 2017. Things are different now. Bitcoin is more sure.
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If this had been told the big banks, they would have laugh it off, today the odds are with them, they have been trying to suppress it but they really can't do much to further suppress the truth. While speaking with some economics in my church about how bitcoin will imminently replace our national fiat in terms of e-transactions they said that is never going to happen.
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This was written January this year. I hope no one took the analysis serious because more money has been made since and a lot of adoption has since taken effect. People are wiser than the suppose expert now.
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I have been using ethereum platforms, I know they have more DAPP developers than Tron. I find ethereum platform very friendly too.
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They want to fight Facebook that is still under scrutiny, not even sure if the US senators will allow the a breathing ground. Huawei should relax and concentrate on building on their operating system and possibly partner with an existing coin in the market rather than trying to have another centralized coin that will raise dust in the world politics.
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When a project fails, they will be concern on how to make refunds to investors and bounty hunters will just have to find the courage to move on. This is one of the reasons why bounty hunting should never be taken as a full time job. I did many projects that failed and I have to move on.
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He fears for his life, so he has to cancel it for health reason, but some version said he has case to answer as per money laundering. This is why I love Satoshi Nakamota. No trace and no history.
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Yes, the bad ones in the society will always turn a good innovation for evil deals. programming is a good field of study, but some persons always use it for the negative selfish gain. The same thing with drug. You really can't stop these bad guys.
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Well IEO has caused more harm to investors who think every exchanges are to be trusted without looking at the reputation of the exchange and the team behind the IEO project. well some IEO are doing very well. But never patronize a shitty fake volume exchanges.
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