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The crypto market is a cycle of ups and downs. Currently we are in the bear market of crypto and most people actually fell disappointed but if these same people can be patient and see this bear market end i believe strongly they are going to make huge profit. This is not the first time we have seen the crypto bear market and that is why i know it would end soon.
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Wow! i never knew of this documentation though. Maybe we can make a movie about the adoption of cryptocurrencies and show the world how best and secured transactions in crypto can be. This might help introduce transactions in bitcoin to the masses all over the world.
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I don't think crypto is a get rich scheme because real crypto related projects are for long term investments. Most projects these days don't have any useful case and also don't have any real product backing the liquidity of their tokens hence causes investors to lose their money. You can become rich in crypto if you play your cards well and you can be flat broke if you don't invest properly.
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Well you can say they are dying off because most investors have realized that most ICOs really don't have anything to offer but actually brag about a solution they can provide. I choose to invest in STOs these rather than ICOs.
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I think bounty hunters of this forum should really factor in some of these before campaigning for any project in the crypto community. Sometimes i see so many people campaigning for several scam projects and i feel so bad for them. You have to look at the useful case of the project whether it is something that is feasible or not. Also you might want to have a background search about the members of the team to know whether they are real or not. Some folks use images of people who have no relation to the project.
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I think currently the hardfork has already taken place and all the security issues has been fixed. All looks good with the network and hopefully i wish to see the price of Ethereum rise gradually since the block reward has been reduced to 2.04ETH.
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It is much more cheaper to buy during the period of ICO than when listed on exchanges. There are a whole lot of benefits when you buy during ico. You get bonuses upon your purchases and also with some projects investors get to try some features before the general public. In general, for potential projects always buy during ICO.
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Technological advancement has always been geared towards improving upon things that were already in place. Bitcoin and cryptocurrencies were actually created to improve upon the payment system and as to what it is going to replace fiat currency i guess that depends on the world to decide. If the mass adoption actually find bitcoin to be very innovative then i guess we might switch totally to the use of bitcoin to make transactions. Other than that it is going to be another payment system like Visa Card, Master Card etc.
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I believe this is the basics of any form of trading but anyway when you buy at a reduced price then you can gain profit by selling it when the price increases. That is why we always say that bear market is the time to invest into solid cryptocurrencies so that when the crypto market rises again you can make some profits by selling them.
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Yeah. I read an article on one website which stated that even though we might be in bear market, last year was one of the year which saw a very great adoption of the use of cryptocurrencies especially Bitcoin. But the reason why we don't see it reflecting on exchanges is because they purchase from OTCs not on exchange sites.
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The crypto market has started gaining some momentum and if you have not purchased some coins at the moment then i don't know what you are waiting for because the crypto market might go slightly bullish at any point in time. This is the right time to invest to gain profits later.
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The competition between Ripple and Ethereum has been there for quite sometime now but i believe Ethereum is taking the lead for good with all the updates of their Network and the new hardfork which is scheduled to take place at the end of this month.
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This is great news! i think gradually all the big industries and companies are coming on board into using cryptocurrencies as a mode of payment for transactions. With the lead coming from Samsung i am sure Apple and other mobile developing companies would come on board soon.
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Ethereum has always been the preferred cryptocurrecy compared to EOS, Project EOS is also doing great in the crypto market but Ethereum has great packages that EOS does not posses. This is why i choose to invest into Ehteruem rather than EOS. Currently Ethereum project is undergoing several changes especially with the launch of its hardfork. I have not heard any new thing with the development of EOS but Ethereum is constantly updating and upgrading its network. I guess this few reasons are enough to convince you that Etheruem wins!
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Well i share your frustration mate...these days it is not really safe to trade on exchanges anymore. Day in and day out we here of several exchanges being hacked and people losing huge sums of money. I have heard about Ethershift Project and actually spared sometime to look at it. I think it's very cool and with numerous cryptocurrencies being deployed on the Etheruem network i believe transactions with Ethershift is very safe and quicker than with Exchanges.
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For the sake of security and a full decentralized system i prefer the running of masternodes. I am currently running some masternode projects such as Vivid Coin, Dodge Private and others.
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Thanks for the heads up mate. It's really sad that some people always find a way to taint the image of a beautiful innovation like the blockchain technology. Well i guess we have to be careful as you say and always make sure that we are investing into legitimate projects and not just any project that is going to scam investors.
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