Binance’s operations has moved to Malta, a friendly island nation in the European Union. Opening an office on Malta gives Binance several advantages. One of which is that they can start to set up a fiat-to-crypto trading pair, allowing people to purchase crypto directly with USD or the Euro. Read more + actual quote from CEO: http://thebitplex.com/2018/03/23/binance-malta/But what does this mean for altcoins? Will they finally detach from the swings of Bitcoin? Will Bitcoin dominance go down? Will more institutions look into altcoins as an investment? Could we see more places to pay in altcoin? Indeed. It’s free from the claim of Japan and its regulations. Definitely movement of binance to Malta has given it advantages. It doesn’t have to worry about being regulated anymore and can stay decentralize exchange as long as it wants to. Introducing fiat trading pair will surely prove healthy for the traders. One exchange won’t matter much, but surely exchanges introducing fiat currency trading pairs will loosen then hold of BTC on other altcoins. It’s good for altcoin that slowly they will be freed from the influence of BTC and will be able to rise and fall according to their will. This surely will be bad for BTC though. |
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This is a common situation in the ICO, because many of them are simply scam non-viable. We have to sell, because hold in this case is useless
Then what is the essence of participating in such ICOs then in the first place? However, if this was the case it would have been good but we still get to see some bounty hunters throwing away quality projects with great potential away at lower ICO price. I once remembered investing in adbank and this sort of happened. It was good though because I really used that opportunity to scoop from those who deemed it fit and I am swimming in huge profit as a result of that now. |
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1Fox Username : fasdorcas
1Fox BTC deposit address: 3DKrXUDRJwZ8Q8zvj6xbhfYEs5LgZCSn6c
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I highly doubt that digital currencies will be able to fully replace cash all over the world. They are quite different in terms of functions and operations plus the procedure of getting and installing new equipment for electronic money is way too expensive.
Handling cash is a headache. Currency notes get wet or torn. Coins are heavy and they fall from the pockets. Shops/Store owners have the real problem dealing with 5 to 10 kilos of coins everyday. No doubt that handling cash is much difficult than handling some sort of crypt currency because cash can be lost at any time just because of the simple mistakes done by the person whereas, the case is totally difficult regarding cryptos because it is not in your pocket all the time, so you don’t have to worry about the loss. Access is the only thing in which currency has benefit over cryptos. |
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I always prefer Bitcoin than any other altcoins, why? Bitcoin has been consistent being the best investment in crypto. But I agree having an alternative investment is great. So if you compare the both Bitcoin has more chance for the boom again, while Ethereum there has been alot of flaws occurring if they improve I think Eth will be great investment again.
Bitcoin and Ethereum are the two rated coins and are the most recommended coins as well. On one side the Bitcoin has its own advantages and on the other side the Ethereum has its own advantages but people have priority and that is the Bitcoin, why? Because the Bitcoin is most responsive and due to which demand is high for it which increases its value and its value is very higher and larger than that of Ethereum. |
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bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
Yes, bitcoin is still down, but slowly like turtle's walking movement you will see in bitcoin, now bitcoin is above $9000. However hopefully we have good prediction about bitcoin that after 1 or 2 months we will see bitcoin give us big pump. Bitcoin price has dropped from 9k dollar to 8k dollar and after remaining stable there for some time the price again fell down at 7k dollar. In this way the price fell down but these days the price increases constantly and this constant increase is the success of the market. We will enter into the high or green market soon if the market follows the same increase trend and make absolute our investments. |
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There is no direct correlation, but the price of Bitcoin significantly affects the prices of altcoins."It may be easy to convert it to altcoins, which is the reason for this effect." If you follow this site -----> https://bitscreener.com, You'll find that some altcoins are high and the other reversed. In general, yes, the change in the price of the bitcoin leads to a change in the prices of altcoins, not vice versa. With the development in the cryptocurrency world so far, I would say there is a correlation when it comes to the movement. Although it is not supposed to be, but I guess since most of the alts are tagged in a way to bitcoin and traders just simply want to keep using their alt position to gain more position in bitcoin, there would always be the possibility of seeing this happen. Although, it has become a norm that every trader already think will happen and that simply on its own affects the market. |
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Experience is more necessary than smartness here. Market study is very much necessary. Don't listen to all news that spreads everywhere. Proper investigation about the coin is good before investing.
Smartness can still always help as you can learn from other people's experience on how they have been able to invest over the years and practically base your judgment on that as well. It is not a hard thing to know ways you can invest smartly, which is far better than gaining experience losing a lot while holding shit coins. Scrutinizing the team is a start and if it is already a common coin or token, get to see what the community is saying about them and get to see the product backing up the coin, which is what will give you the idea if it is worth investing or not. |
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I just noticed some questions about this topic so I listed some seven reasons why people want to have a cryptocurrency transaction rather than fiat.
1. INCOGNITO. this is the main reason why people use it. You cannot trace crypto transaction and its perfect from hiding.
2. CONVINIENCE. people nowadays are so lazy that they want to have transaction while seated comfortably on their home. With just one click , crypto can be transferred as payment to whatever they want. Well, who doesnt want that anyway.
3. TREND. basically, people want to try something new, something not ordinary , something innovative and if it was used by all their friends, they want to use it also.
4. ILLEGAL. yes, i dont want to include this but i saw many topics about this also. If you want to buy on black market or an illegal item, your transaction should not be traced as i said on our first reason so Crypto will help you hide on cops but not forever.
5. MODE OF PAYMENT. this is where some people buy an item usually using the profit they had on investing bitcoin even just holding. Ex. If you have 1btc and after a month it becomes 1.5 btc and you want to buy an item that cost 0.005btc and crypto is accepted as a mode of payment, you will use it ofcourse rather than fiat.
6. TECHY. it seems that techy people using cryptocurrency as a mode of payment see themselves as going with the flow of technology considering that bitcoin is the new technology of currency for the new generation.
7. SHOW OFF. whether we admit it or not, some people use cryptocurrency just to make their status up. Telling their friends about how wealthy they are and keep boasting for their ego.
This is what i noticed. So which one are you?
CONVENIENENCE, I prefer having transactions through cryptocurrency because of its convenience. I can pay bills even at home, I can buy prepaid load with ease. I will no longer need to wait for a long queue in line just to pay bills like electricity and water bills. If I am correct it is also tax free so the transaction is less expensive, correct me if I am wrong. Technology and mood of payment work good for me. I love these two features of Bitcoin. It is an amazing technology with so many other features besides profitability. And of course going with the flow of technology is what all the investors out there quest for. The transaction cost and mode of payment is more than an ease and time saving feature. |
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I'm looking to invest in a trustworthy Altcoin with a good team and project that I can hold for 1 years. Do you have any suggestions for what I should invest in and why?
In my opinion, you do not have to look at other coins, I think only the BTC and ETH are two of the most potent and safe coin we can invest in, any other coin depends on the price of two. This coin. So you should buy and hold BTC and ETH for many years still not afraid of losing, the other coin you should invest in short time. There is no point of denying the fact that the demand of the altcoins is increasing at a very significant rate and that there are likely chances that the market value of different altcoins will also rise higher in the days to come. However, if you want to go for holding of the coins, then it is better to go for holding of the bitcoin as this is the only coin which can help you in having a huge profit if you remained patient then. It is really increasing and for those of the coins or tokens that would be solving some major problem in the space, it would really be a top notch to see how they are going to be doing great eventually. Nevertheless, it is a huge and wide sea with probably new investors getting confused and which is why I always simply advice that anyone who really wants to be in this space should try as much as possible to dig further even with any information they get to at least be sure of the project or coin they are investing in. |
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This should be entirely your own decision based on your market understanding and knowledge about the technologies. Besides, you can do research by picking the data and evaluate the top profitable coins for investment. Also if you check out the list for the top crypto currencies in the market, you will find Bitcoin, ETH, Bitcoincash and Litecoin etc there so you can really make the decision. |
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There is no direct link between the two, in fact alt coin was made "alt" meaning other than something, making altcoin an alternative coin from Bitcoin. However like there is no direct way to buy some alternative coins yet, Bitcoin and also ETH becomes the tunnel or bridge to buy these coins, frankly. For investors to buy these coins, they buy BTC/ETH first before buying these coins they wanted to buy.
There is and the correlation is made by traders. I have this believe as a trader that when bitcoin is in a down trend or showing some huge bear rally, altcoins will end up moving down as well as traders will quickly want to take some profit in such scenario from bitcoin, and the same thing happens to in a huge bull rally. Now, if I think like this as one trader, imagine how others are thinking as well. Same, right? Take it or leave it, bitcoin has a lot to do generally in the market movement. |
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technical analysis is a tool for managing risks. that way of course it's useful. If some one trying to "predict" price by using some indicators it can be not that great.
And you are supposed to handle this risky thing. The reason for doing this is, if you just ignore what can be gone wrong, you may be dealing that very soon and ultimately you become a loser. So don’t just become so stupid and foolish rather keep your mind active and take things seriously. This seriousness would be dealing amazingly with your risks and the ending results becomes great. |
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It still will. Those who banned crypto in their country will catch up once they realize that bitcoin is dominating the financing institutions in many parts of the world. It's just like any other tech that should be used by many people first until other follow next.
In fact bitcoin is already a global currency because the bitcoin users are present throughout the world. we see bitcoin users throughout the world. It is a fact that even those countries who have consider bitcoin as illegal they will also turn bitcoin as legal currency because bitcoin is the need of the day and all the people will very soon start using bitcoin. Banning bitcoin in any country is for the time being, because when a country complete his survey about bitcoin they legalize bitcoin. In my country government banned bitcoin and I know that this ban of not forever. Government has its reservation and they will legalize bitcoin when they study blockchain technology completely. When they realize the importance of bitcoin they will allow it. |
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Even when we aim to achieve our goals there's also risk, we cannot be successful if we don't overcome this risks. If you are afraid to face those risk then you won't make a growth or better changes in your life. You can't live a better life without taking the risks you'll encounter.
Yes there are always risks, but our effort is to minimize the risks. For this reason, do not make any investments without doing the best research and analysis, investing is to be ready for a ripple. If you want to make big money against your investment in cryptocurrency then it is necessary that you will be ready for any situations. Risk is a big factor in this world. You should be mentally prepared for risk if you want to invest in cryptocurrency. Don’t be panic, many people took this risk and now they are millionaires due to investment in bitcoin. No I think you will have to take risk if you want to make big money bagasse crypto world is full of risks and if you do not want to take any risk then you may not be able to earn huge profits. Good and successful businessmen never think a lot, they take a step and collect the reward some time in deficit. But risk is the part of trading which is necessary for making money. |
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We all hope so, in the near future. If there are more people and those high profiled one's acknowledges and uses bitcoin, then it's possible for bitcoin to be a future global currency.
There is nothing as such that can stop bitcoin from becoming the single international currency of the world except for the will of god. We can check the increase in the followers of bitcoin over last few years where even the big business tycoons have started investing into bitcoin. People left their jobs because they were earning more here, international airlines using it as payment mode. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
I think its need more time for cryptocurrency adoption. Its happen because many country still prohibited cryptocurrency for payment. Its need more regulation if we want to accepting cryptocurrency as payment Small businesses are always afraid of losing their money. Sometimes people think if they invest in a thing which isn’t legal and they can be caught and get raid, so they prefer to move away. This is really natural because they had established their low level business with much hardness and problems, so they definitely don’t want to indulge in a thing that is such high at risk. |
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Bitcoin is sure worth an investment, to which most people have actually made a fortune from. There is either no minimum or maximum amount one can invest in the digital currency. But bear in mind that it is the amount invested that brings out the level of profit stand to gain. So, more money = more profit and little money = little profit.
To be sincere, I have never had a steady flow of income until I got into Bitcoin. Not even the job I had then was good enough to earn me enough income… when I got into Bitcoin I had to work hard for more than a year till things worked out successfully and now I’m earning a lot of income from it. It’s not really easy, and it requires a lot of commitment and hard work. |
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Gambling site mostly get the profit because of the people who are emotionally bonded. I personally do not worry about the gambling investment whenever I loose the money as well. Because I know if get temper and again go to invest again. I may loose more money.
This is the problem to all whenever they invested on any gambling sites.
If you are gambling lover, first do not play for dice or slot roll. Even you play this means don't do autoplay buddy.
Gambling site mostly get the profit because of the people who are emotionally bonded
Being emotional or not , gambling sites will always earn more because gambling is always more of a lossing rather than winning. Only few people will earn a profit on gambling but still , they can still be able to loose more than what they won if ever they will continue to play again. I personally do not worry about the gambling investment whenever I loose the money as well. Because I know if get temper and again go to invest again. I may loose more money.
yes , that right. You shouldnt let your emotions swallow you because if you do, you can possibly loose more . instead , you must only be contented on what you loose or on what you already won. If you are gambling lover, first do not play for dice or slot roll. Even you play this means don't do autoplay buddy.
dice and slot are still a part of a gambling games and they dont differ from any other types of gambling. You can only win if your lucky and you can also loose if you are on a badluck. Autoplay function is meant to be for lazy players but it doesnt still affects your win or losse rate. I won’t say that dice and slots are like all the other gambling games. There are basically two categories of gambling games. One that depend purely on luck and second in which a gambler can win by using his skills. Dice, roulette and slot are all random games that demand a good luck in order win but poker or sports bets are opposite. The demand knowledge and experience. |
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Most of the time gamblers get addicted to it. This is the reason why gambling is portrayed negatively almost everywhere. When someone benefits out of the same and make use of it as an opportunity gambling is good. One need to know the limits in gambling and should stick to it, which helps to gamble without ending in addiction.
This is really making sense. Just consider the trading in bitcoins, why people don’t call it bad or why it’s not being promoted negatively? Because this isn’t bad for anyone. People come here and earn money from their little investments and these bitcoins are providing best platform to them to live a happy life, so they are being promoted positively. While gambling is promoted so truly. Well said as gambling is something which mostly you do not have to do anything just put money anywhere and if you win you get the money else you lose money. Investing in btc is not that because you cannot get the result in couple of seconds like you made money or lost it like gambling. One has to do research and then invest in any coins. Nothing is so easy except gambling. If you talk about trading or investing, people need to understand that these two things require skill sets from you. Rather gambling is just a game of luck. If you are lucky someday, you can be getting some good numbers as a results. But mostly this wouldn’t be the case. Once people win someday, the next day they start losing everything. And for this reason only, I think this gambling could never be called as good game worldwide. When you ask why this is portrayed negatively all around the world, so the simple answer comes in mind. When you are doing wrong how you can expect it to be called as good action. Likewise, gambling has been a source of destruction for hundreds and thousands of people so it shouldn’t be called in good words. |
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