Hopefully it could at least increase to $1k- $1,500 by end of this year. It think that amount is reasonable and practical in my opinion though. But if it could increase like 5%-10% it would be awesome too.
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Maybe there are more withdrawals now than deposits because of how scarily low Bitcoin is compared to how much it had increased last year. Remember most people invested on Bitcoin was last year because they though it was going to increase forever, and now that it has dropped more than half the price last November people are getting scared and are withdrawing their coins instead of hodling them or investing more.
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I don’t think Bitcoin ever had lost its place in the market because it had been the top crypto coin ever since. However its price now is being compared to the high price last year and people are asking if its the end of Bitcoin. People need to know that if there is a bearish trend there is always the opposite, and it can’t keep getting higher too.
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Although I do listen to some crypto influencers especially those I see on Youtube however I don’t necessarily follow them but I get ideas from them. Take action into my own terms, do some research and them that’s how I decide on what to do with my cryptocurrency witholdings.
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I guess people does become smarter in terms of how they are going to get much profits from the investment they put up but people getting smarter because of crypto, I’m not to sure if that is the correct term for people being wise when it comes to saving their money from the losses, but you could put it that way too.
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I am planning to put up a small business in our area and was thinking of accepting Bitcoin and some cryptocurrencies as a form of payment and this is actually a great idea to add it. And I do hope our country will be listed for us to join in, hopefully in the future.
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I think to some they do find success in gambling, may it be success because you’ve won or success in terms of your own battle with gambling. In my experience with gambling, I think the success rate for me was low in terms of literally playing the game and I can finally say I’m not good at it that’s why I lessen the number of times I gamble which causes me not to lose a lot. So I think it would still be a success in my part because I get to learn how to control myself and not give out everything in gambling.
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The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.
What a coincidence? last time it was around $260 billion and now? $273 billion and that escalated quickly. Shame on those people who are happy to see the crypto market goes down and losing its faith. This is not something that we should ignore. True and the market did turn green today so I think it increases everyday, its just that the amount of increase everyday are totally different from yesterday. Don’t lose your faith just because the market was bad for a few months.
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I personally think MyEtherwallet is safe to use because I have used it for almost 2 years now and did not have any problems with the site. You just have to keep your private keys safe with you and never give it out to any one else most especially to those you don’t know.
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In my opinion all the giants will soon join the blockade. For crypto currency, the future which is already present is the next round of money turnover.
I agree and it would be a win-win situation if it is true because it could also help the demand of Ethereum itself if it will be introduced in Amazon. And I personally think it would be a big giant step for Amazon to accept cryptocurrencies since a lot are buying stuffs there.
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Well we all have our own different opinions on why we think Bitcoin is not going to die but I really believe that this coin can bring something to the future, something even those less fortunate people are able and capable of earning and can use them at the same time.
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Mostly the cases are they panic especially when they see their portfolio all red with huge amounts of losses. They sell their coin so the loss would be minimal and when the price of the coin goes down more they buy them back so when it increases, they gain profit. I think that’s what they are thinking in my opinion though.
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But there are some sites and exchanges that require KYC now so it might not really apply. Although to me one unique advantages of online gambling is probably not to spend your spot on cash and loose everything. If you play at some casinos, usually when you bet on something and lost then all of your cash money will be gome as well. Unlike gambling casino sites, you sometimes win and gain some profits and when you are at loss it would not hurt to see all of your money gone.
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It is hard to find a coin just like Bitcoin but since there are a lot of ICO’s, you can try to check out one of them and see if their roadmap is kind of the same with Bitcoin. And if ever there is a coin created somewhat the same with Bitcoins capabilities I’m sure someone will post it here in this forum too.
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Before when I started trading I was so observant on the movement of the price and charts of Bitcoin and some cryptocurrency and there was a time when I thought the cryptocurrencies recovers during weekends but I don’t think that’s how it works. Maybe it was in good timing that it recovered on weekends at a certain time because it’s not like that the whole year ‘round.
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As of now we won’t be paying taxes when we use Bitcoin but in the future if and if it will become used worldwide regularly, the governments will eventually have to do something about it and will find a way for everyone to pay taxes. And the banks still are not taking away the taxes as well, so when you place your money there and you withdraw a certain amount; I think they do get taxed if I’m not mistaken.
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I think there will be some exchanges that’ll be left while some who had bad reputations might be finally close down. And I agree with you on Bittrex and some exchanges too like Binance, Hitbtc and maybe Etherdelta.
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Yes I think Bitcoin can go down to around $4k this year, I just drew and tried to conmect the dots and it is seriously going through that path before it increases back again and hopefully a full recovery once it hits rock bottom.
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I think people still believe in pump 2018 mainly because they are hopeful that Bitcoin will double up its price just like what it did last year. They tend to being positive still this year despite of the huge difference from November up to date which is actually a great behaviour in the world of cryptos and we all need that too.
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There are already countries that had banned Bitcoin but people still continue using them, so I think even if they ban Bitcoin they still can not stop people from using Bitcoin or any other cryptocurrencies. So if that will the case, your coins will still be where they are at if they ban them.
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