I think it will give a positive impact on bitcoin, when the creators is recognised it will increase the trust and maybe bitcoin can grow better, because people will know who to look for if they want to try to upgrade the technology and maybe there will be more company that could adopt bitcoin once they can ask the creator of bitcoin to get a more detail of the potential
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It seems like lots of banks are closing accounts for crypto related activity all over the world. If it continues like this and more and more banks keep doing it, it could slow down the growth or at least have a sort of chilling effect on it.
Some bankers are afraid they are going to lose their job, and the government doesn't want to bother to learn about crypto so the easiest solution is to ban, for developing country crypto could be the side income to help their economic, and I agree this news could make impact on the crypto price, if the banning continues then it could halt the crypto growth
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For the early adopters, they already very calm because they already gain a lot of profit, for the long term investors, they also really calm because they are speculating the price when there are already more adoption, for the newbie that bought on the peak and greedy people that hope crypto could give them miracle to become rich, they are panicking because the situation is far from what they predicted, sometime people are too focus on the price, but actually crypto offer the technology to become a currency
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Well you definitely need to learn more, you need more experience to know the situation of the market, you can't rely on forum or social media as your source information because most of the time it's just their opinion, you need to find the reliable news, and learn more about the indicators, join group signal for reference and try to combine some indicators to get a more accurate speculation
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It won't affect anything, if the bitcoin is not supported by the government and the central bank then nothing will change, but if it birth in that place and being supported then we will see a huge difference because US is a strong country with a lot of international transactions , this can boost the usage of crypto, and maybe bitcoin could be the alternative of the transaction currency
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The intention of forking is to create a better coin, with the same platform, but nowadays people create fork to make money, they will announce the fork and then hope for the pumping price and abandon the forking coin, I don't see any interest from people about this forking, so I think this forking coin will be another failure project, its best to stay away from this forking event
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If you are so passionate then you need to learn the basic reading the chart learn the price action, indicators and search for the fundamental analysis, joining group signal could be helpful, there are no specific strategies that I could suggest, because everyone got their own goal and term, usually people will combine several indicators, like MACD, bollinger band, RSI, ichimoku cloud and etc, usually traders will used 4 or 5 indicators for and set for below an hour time frame for short term trade
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I will said that its not a bubble burst, when irs called burst, it won't have the ability to go back again while bitcoin still got yhe potential to go up, its veey unfortunate to seen bitcoin price falling in 2018, its a good run but now its full of manipulation, many people frustrated to see the price but actually it's not a bad price, the hype in 2017 that makes 2018 price seems like a bad price, but if you see the whole picture you can see bitcoin still in a good track
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I usually count the probability of my winning strategy, I count the winning percentage, how many times that I can lose in a row before running out of money, and the most important thing I always play manually, so I can stop in the middle if I feel that the luck is already not good, the ability to control myself and to stop anytime I want is very important to avoid bankruptcy
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Well the market now is full of manipulation so its hard to predict, usually before forking the price will go up but when the whale in action everything will change, its the best to not investing because there will be forking, invest when you really see the potential of the coin, so when the short term doesn't work you still can make profit for long term
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I think we need both of them, but most of the traders used teachnical analysis for their daily trading, its easier to make a short term trade decision using technical analysis, fundamental analysis take more time and it's more suitable for long term, but traders need both of them to become a good trader and easier to make a decision when want to decide the term of investing or trading
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Well it's great to encourage people to start accepting crypto payment, but not all countries are welcoming this currency, in my country using crypto as payment is against the law, so before we can start the mass adoption we will need to have the governments on our side, and we need good infrastructure to make crypto into a successful currency
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Well before the hardfork usually there will be people buying the coin in order to get the free forking coin, after that the price will fall down and don't hope too big on the forking coin, usually the prixe will quickly fall down after people can sell it, for me eth is a great coin so I will still buy and stock some, the potential to rise still big, but it will need time to become more valuable
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I totally agree with this condition, fiat is full of manipulation by the central bank, government and other party, and with the high inflation and global crisis, investing in fiat is a bad choice for now, gold and crypto is the best solution to avoid inflation, in past day most of us aware this scenario but we didn't had a lot of choice, but now we have the option, so better take precaution
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This has been asked a lot of times bybthe investors, I think it's still possible to make bitcoin hit ATH, but it will take a lot times judging from the market situation, to make bitcoin hit the ath, we newd more funds or mass adoption, if we can make people to have the same mindset to used bitcoin in transaction then we could reach the ath sooner
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I never expect to win in gambling, and I never win in gambling, I like to gamble because its fun and give me excitement, spending in gambling for me is like spending money to play game in arcade center, nobody should expect becoming rich or making profit in gambling, with the wrong mindset and lack of self control, gambling could be a dangerous addiction
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If the crypto is not a threat then there will be no banning from the government, the feature of crypto ia very suitable for global and anonymous transaction and its faster that bank transaction, and if crypto being used by all people and no one used fiat then it could disrupt the country's cash flow, and can caused inflation, if a country really implemented the full crypto payment and the regulation about crypto is not clear then it could be dangerous
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I dont think alt coin cant 100% broke free from bitcoin afterall the main trade coin for alt coin is bitcoin, its true that it may seems like the correlation between eth and btc are decreasing, this is because eth already being used as the coin to trade other alt coin, but it just a small part, bitcoin still dominating as the main coin to trade
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Well its kind of true, the bitcoin could be dead if no one used it anymore but the idea, the feature and the innovation will continue to live, bitcoin is the first crypto that introduce decentralised and anonymity, the shape of bitcoin could die but I believe there will be another coin continue the bitcoin legacy if bitcoin really die
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Its never wrong to explain and introduce bitcoin to other people, but never force them to invest, and if they want to invest you mees to explain the risk and how the price movement works, if you can explain correctly then they wont label bitcoin as scam product, we need to keep on introducing bitcoin to other people so there will be more users and more users mean that bitcoin could be more valuable
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