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If you really are in need of money then you can sell your bitcoin. Or if you have a new way of earning or investment or business then you can. But if you do not have special reasons to sell then why do you sell it, it will just cost you a big loss. Bitcoins value will climb back soon so let us not panic and just be patient. Later this year bitcoin can go up to 17k$ or to 20k$ by December.
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From one YOUTUBE channel i got to know about one interesting article on median explaining why the cryptocurrency market manupulation happening due to presence of Cartel.  I was eager to know first what cartel means then i found meaning of Cartel with help on that YOUTUBE Channel on INVESTOPEDIA which defines CARTEL as follows A cartel is an organization created from a formal agreement between a group of producers of a good or service to regulate supply in an effort to regulate or manipulate prices. In other words, a cartel is a collection of otherwise independent businesses or countries that act together as if they were a single producer and thus are able to fix prices for the goods they produce and the services they render without competitionSince 3 month cryptocurrency market is down and going in bearish trend, we all were predicting after G20 summit positive result, cryptomarket will take bull run but still no effect?  I believe in this article written by "Super Crypto" who did a great job explaining his theories and this may be the possible reason of BITCOIN price dumping. You can read the rest of his article here: https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166aRead this article which really makes sence and share your views can this be true? Is cartel manipulating price of bitcoin? Cartel really exists within the fields of cryptocurrency. They are the ones responsible for many ups and downs of bitcoin. But the recent price drop of bitcoin was not of their doing. Some groups have made a study and found out that those cartels or whales are buying more bitcoins today with the current value. If it were them who caused the drop then bitcoin is already at 3k$ at this point of time, but it was not them. |
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This is a great news if Vladimir will win the case google will remove the ban of cryptocurrency related ads and ICO's on Russia. THis is just the start but sooner other countries will also do the same. Bitcoin holders and investors will also come back again with a strengthened faith to bitcoin. If this flow will be achieved then bitcoin will can recover its value soon. |
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Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
The bitcoin bloodbath has already ended but the problem is with its recovery. If only these kind of news will be spread across the internet and much faster than the negative publications then bitcoin could already started to increase in value. But its just a matter of time that this good news will be passed to other users then surely we just need to wait and hold for the moment. |
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The law of Criminal is the whole peraturan-peraturan that determine what banned and included in a criminal offense, as well as to determine the punishment what could be dropped to do. Is this walked fair in the country you? I want to know
Laws are made in order to uphold justice and at the same time human rights. Victims have human rights and that is why they have the privilege to file a case or complaint against the accused. But the accused have also a human right and so even if they are in jail they are also well taken care of. But the real problem is within the loopholes of the law since many criminals will just hire good lawyers to win in the court. |
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I'm impressed that people believe in BTC and alts. How they hodl them despite the huge fall. Impressed how people mine some alts with no profit at a sacrifice and wait, wait for the best.
Bitcoin enthusiasts like us can already be called a fanatic of bitcoin. This may sound funny but we believe that bitcoin has a great future. But these claims are not just a mere imagination bitcoin enthusiasts are studying bitcoin, its growth, trend, movement of volume and many more. And by analysing those data this group have predicted that bitcoin will increase in value and will recover this year. |
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Hello!
It is cool we have a chance to talk online. But it is also important to meet each other offline. Do you visit any events?
For example, recently, KickCity team visited Blockchain Solution Forum in Barcelona. Now we are visiting BlockShow in Singapore and the other part of the team is going to Slush in Helsinki (does anybody will go?)
And what about you? What events do you visit or plan to visit?
I really wanted to attend those blockchain events but the sad truth is that it was always held either in Europe or in Western Countries. Having to attend such a wonderful activity will really make me feel happy. If only I have more bitcoins to spend so I can go to the next blockchain event but somehow my bitcoin is just enough to spend for my family's needs. Hope the next blockchain activity will be held in our country. |
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Social media website Reddit is no longer accepting bitcoin as payment for its Reddit Gold membership program.
On Friday, users began commenting in the /r/BTC subreddit that the only available payment methods for the service are credit cards and PayPal, whereas previously people were able to pay for gold using bitcoin.
A Saturday post in the same forum attributed to Reddit administrator "emoney04" explained that the change was due in part to Coinbase's decision to discontinue their Merchant Tool product in favor of Coinbase Commerce, which will enable "merchants to accept multiple cryptocurrencies directly into a user-controlled wallet."
The administrator went on to explain:
"The upcoming Coinbase change, combined with some bugs around the bitcoin payment option that were affecting purchases for certain users, led us to remove bitcoin as a payment option."
They also indicated that Reddit has yet to decide if it will reintroduce crypto payments after Coinbase implements its new Commerce service.
"We're going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to reenable," the administrator said.
Is this really true then if it is it will be another backlash to bitcoin. But I hope this is just a false information. I will be checking and verify this information so I can make an assessment. If it is true I dont believe that reddit has done this because of some bug but I can sense that they are also panicking from bitcoin price drop. They just want to be play safe. |
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India based exchanges BTCXIndia and ETHEXIndia have notified their customers via email that they will have to stop operating their trading site due to government stance against cryptocurrency. Also, several banks has placed actions that attacks these exchanges like limiting or preventing them access to their accounts in the risk of illegitimate transactions. This has caused so much stress on these exchanges forcing them to close down. Check the full story here https://cointelegraph.com/news/india-two-crypto-exchanges-halt-trading-blame-discouraging-government-stanceThis will bring a major impact to bitcoin. If those two exchanges in India will shutdown then there are possibilities that those bitcoin holders in that area will have the tendency to dump their bitcoins. This may bring a huge price drop to bitcoin. But this is not very alarming since there are also many new bitcoin users who are buying bitcoin nowadays. |
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It must be admitted that bitcoin has a huge impact on the world economy, many people have become rich and successful, large and medium-sized projects have been done so it keeps them busy because of the presence of bitcoin, and with this fact, bitcoin has been proven to reduce unemployment.
When bitcoin entered the realm of the internet many companies have emerged. Also aside from that many ICO's were launched and have entered into exchanges. With this development there is a new kind of employment online in which cryptocurrency has to offer. Such as signature and bounty campaign, airdrops hunting, project advisor, ICO consultant, translator and etc. With these kind of jobs many housewives are earning online without leaving the house also internet addicts who are jobless even high school students have started to earn online. |
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Bitcoin became one of the topics of interest in the year 2017 because of its sudden value rocketed sharply to touch the figure of nearly 300 million one coin. Whereas in early 2017, Bitcoin exchange rate is still in the value of 13 million one coin. However, entering 2018, the Bitcoin exchange rate plunges. Bitcoin (BTC) 'value' is only about 150 million. Or plunge almost half its highest point. what factors are heavily affecting its declining bitcoin exchange rate ?? In 2017 there was a panic selling since many have joined btc in hope and with a dream of getting a profit. Thus due to that high demand bitcoin went up to 20k$ but the correction started and the value fell down. After the correction you can blame it to facebook, google and twitter since after their announcement bitcoin had suffered another red market. |
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One of the reason why bitcoin had a major price crash is that a large number of people entered into bitcoin last year, 2017. When bitcoins value was already 14k$ huge investors and a lot of people joined in and bought bitcoin. Those were actually newbies in this industry and does not understand how this system works and only in there for a dream of getting a profit. But when the correction happened they panic about their investment and started to sell their coins. It was followed to day but bad news and so even after the correction bitcoin drops to 6k$.
Bitcoin is not dead it is still kickin and still has a good value.
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This is just a price drop due to panic selling of bitcoin holders because of the banning issues on cryptocurrency by faceboo, google and twitter. Those large companies online have really made a mess on the investors and traders of bitcoin. But as you can see though bitcoin dropped but somehow you can see that there is a support and with that support we can be assured that bitcoin's value will not drop below 6k$. Rest assured bitcoin will recover soon.
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if you look at the price development chart of the last two years, the beginning of the year always starts with a weakening price as if bitcoin will be destroyed, what I question is whether the pattern will return and continue to recur in the current year and the next few years?
2018 is a unique year, probably it is different from the other years. If you want to ask why here are my answers. First, bitcoin was overvalued and thus there is a need for correction thus the price drops from 20k$ since that price is too much. Second, after the correction in value bitcoin hits 10k$ but several issues and negative news hits bitcoin thus it fell down to 6700$. But there is one thing that we should know, the price drop were not done by whales it was done by several people who panicked because of the news. This means that their is a higher chance that bitcoin will recover soon. |
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I have read many predictions and there are always two possible results. Its either bitcoin will go up in value or it will go down. Their evaluation of bitcoin was made in a complex manner and just like our evaluation they said that bitcoin was overvalued and that led to a correction. But in our group we predicted that the normal price for bitcoin is at 10k$ but due to the negative news that floods the net panic selling brought bitcoin down to 6k + $.
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We cannot escape that fact that many are tempted to buy bitcoin with the hope of getting rich last year only to find out that the price of bitcoin will drop and they lost a big profit, they panic and sell. While some are eager to hold but because of the news on banning cryptocurrency they have lsot their hope and sold all their coins.
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This is another big event and will bring more cryptocurrency and its technology closer to the public. Many are hoping that this activity may help bitcoin recover from its price drop which is brought about by the banning of crypto related ads and ICO's. THough bitcoin enthusiasts are not panicking but they are collecting good stories such as this so it will have a positive impact on the market. |
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Btc price market continues to drop. Hence more people are speculating about the end of the bitcoin. The possibility has a chance to end the system because just recently more people are selling their btc which resulted to market price dropping. Now os it really the end of bitcoin? Is there any other coin that will be probably next to bitcoin? I hope bitcoin will not end so as to continue the good things bitcoin has brought to the investors though i was not able to invest in bitcoin but i am planning in the near future. How about you what is stand against the speculation and the other coin that will be next to bitcoin?
If bitcoin will fall then all other coins will also fall. But bitcoin will not end and even there are many squabbling about bitcoin having near its end but all of them are just hoax and foolish stories. Bitcoin can withstand the fall and it will come back again. If bitcoin will die its value should already be at 1$ right now but it is still at 7k$. Patience is the key and later this year bitcoin will recover. |
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I have been doing a contract with new ICO's, I have been a social media promoter, project advisor, community manager etc. But the problem with having these contracts is that you will also gamble your reputation, when those ICO's succeeded then you are thankful but if not you are risking your reputation to waste. Also in terms of income, your income will also depends on the success of the coin since they will only give partial payments before ICO and the rest after the ICO. This kind of job is also temporary thus it is best to have an office work at the same time a sideline work with cryptocurrencies. |
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The low volume on major exchanges BTC and ETH signifies that it may take a few more weeks for the markets to recover. It is normal for any asset market to experience a slump after a major correction and that would last for some time. Read more here: Cryptocurrency Market Hits $300 BillionAfter the huge crash in value bitcoins is starting again to move up but with the negative news on cryptobanning there was a temporary drop price again. But we can expect that by the end of the year bitcoin will recover back to 20k$. This increase in bitcoins value will also effect Ethereum and other coins in the coinmarket.cap. |
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