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From all these events and statements its looks like that if libra ever gets launched it will be fully in control of US government and that is quite obvious and that is why China is also working secretly to develop its own controlled global stablecoin for payments and transfers so the competition is going to be fierce and i think crypto market will be ultimate winner out of this war.
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How have you lost the letters is a big question, once you create a letter you should not only write down the private letters and store in your documents case but also store it at some private place in your computer or phone and finally at some online cloud place where only you have access with 2 FA code. I do not think if lost these letters can be guessed correctly or recovered.
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Most of the altcoins do not represent either real world use cases or services so i fear they will be able to sustain for long already we see many projects closing down that were launched in 2017-18 and in the coming months this trend can increase so only real projects with real uses a d revenue can sustain for long term.
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I too agree with this idea especially after being deceived by many bounty managers and campaigns who either reduce bounty reward drastically while some do not pay anything in the name of low funds raised or soft cap not reached, all these situations exploit bounty work that is being done regularly and takes a lot of time and edfort and hunters need security too so i would go one step and say that bounty campaigns should pay in btc or eth and send payment weekly for work done. Period.
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To be honest already listed coins provide way too small reward while new campaigns are also risky like many new projects are declining reward to bounty hunters claiming that they have not reached soft cap which is also a fraud in my opinion, recent examples of such campaigns are winbix and bitbond and i think forum and other authorities should ban and investigate them.
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I do agree that nano has better tech and is good in many critical things that btc lacks but still as a fan of btc i will keep holding it because i know its worth and future potential. On the other hand i do not hold any nano yet but i will look if i found a good entry point i may buy some.
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From what you have posted it looks obvious that you were doing margin trading which is never recommended for newbie or small scale traders, you should know that it is high risk trading and yes it is similar to gambling especially if you are doing it for getting rich quickly and you do not know what you are doing.
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I would love to see libra as a truly decentralized stablecoin but with the current events and happenings it seems like it will be a fully centralized and taxed asset with full control of authorities otherwise they will not let fb launch this coin, this is what i am foreseeing about libra.
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I think participating in bounty campaigns and making a living out of them is not realistic although i fo agree that some people have made life changing income and there are some lucky campaigns sometimes that pay huge rewards but mostly the majority of bounty participants are not even paid what we call a decent reward after months of work, so i will rate bounties as part time or extra income rather than fulltime income.
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Personally i like to get more and more eth because im very optimistic about its future potential. Some other good alts include ada, neo, eos, waves and xlm etc you can diversify some percentage in them too.
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Although im personally a bitcoin supporter as well but i do not know why some fanatics are not ready to accept other coins, i mean there are many many good alts as well that are real projects with real teams and real use cases and to add on thousands and thousands of investors and supporters, so we should change this negative mentality and accept and support good alts.
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I totally agree with you i think next run and cycle will be similar to what we had in 2017 and early 2018 so personally i think btc will make huge advances first and then it willbe alts turn to flourish.
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I feel more at home with IEOs simply because they are properly checked and analysed by the team of analysts that represent the exchange platform, only if the project passes their tests only then a project is listed so that gives major confidence boost to investors and that is why i like IEOs too.
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I think ethereum will be on top soon, personally im looking forward to Eth 2.0 that has been announced to go live in january 2020 so if eth network is able to get rid of all its outstanding issues then surely 2020 is going to be huge for eth.
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I have only traded in usdt but due to some transparency issues now im thinking to use usdc more because it is backed by reputed firms like coinbase etc. While Libra can become first choice but we will have to wait and see how they launch and what will be the level of compliance.
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I am sure they are doing this to comply with local regulators especially the country from where they are operating to save them from any regulatory trouble. I remember the time how i used to trade at idex but then they took the other side and started de listing a lot of tokens which according to them was not complying with regulators rules, in the longterm they could benefit from this but short term i think they have lost a large number of traders and volume.
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Personally i like this shift but i would like new members and investors to be careful and not to invest in every exchanges IEO, i mean reputation and trust has huge value in the online world so only go with top exchanges who you are sure that will not list poor or impractical projects or in other words only participate in IEO on top exchanges that you trust.
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By end of 2020 in my opinion eth should be atleast 2500 to 3500 but if we analyse the last all time high price of 1400 we can expect eth to do even better with new all time highs of around 5k mark but nothing is guaranteed and only time will tell.
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I do not think that IEOs can be connected in some way with the price of the Ethereum coin, these are two different things, if you are concerned about eth price and you are supporter of eth then you need to be patient as a lot of upgrades are coming in next few months so i expect that price will definitely boom.
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