BTC's death is the death of the entire market. BTC is the only rival, Ethereum.
Not necessarily, bad things happen in real life. New things are coming and this first wave raised awareness about Blockchain, and its possibilities. In the next few years market will be flooded with new coins, forks.. Another thing - never say never. I would actually be surprised if Bitcoin stayed forever. Surely people used to believe that sea shells were the best currency around, and now most people don't even know that they were used as such. In the future not only Bitcoin will be replaced, but cryptocurrencies as a whole. But who knows how many decades, centuries or even millenia that will take. Who cares about the distant future, I want my yellow lambo while my balls haven't dropped all the way down to the floor. Don't bother too much on distant future since we are already dead for sure on those years.This is why I do matter most on recent and on some realistic lifetime years engaging into crypto market. Nothing on this world can be replaced but as long we can able to benefit into bitcoin then don't just sit down and missed the opportunities even on altcoins too or even on Bitcoin cash.As long we can able to milk out profits then you are just doing fine.  |
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The usage of bitcoin into dark marketplace has decreased a lot compared to the past days. Earlier, the major circulation of bitcoin happened on the dark marketplace and gambling industry. This has decreased to a large scale than the past days, due to the legal usage of certain drugs which has been granted through some acts recently.
I suppose the decresing usage of bitcoins in dark marketplaces is more related with the high fees/long confirmation time and with many markets being closed by police. I am sure a lot of black markets will come back and will use some more private currencies like Monero. I already know of 2 that are active and accept XMR as currency. Yeah the high transaction fee and delayed transaction time could be an element to reduce the dark marketplace but there could be another big reason and that is the tracking of bitcoin transactions. In many countries the authorities are tracking bitcoin transactions and as the IRS claims to tracking 50% of bitcoin transactions. So, the dark marketplace has switched to the alts. Where they are not under any official observations and run their operations smoothly without any interference. I don't really believe that they can able to track it out and talking on 50% of all transactions? Impossible. I would bet that follow even a single transaction would really put a pain on their heads.Transactions fees and confirmation times would really affect such transactions and as you said they can easily switch into altcoins specially on Monero. Less fees,Less transactions time and full anonymity which would really be a great recipe on making illegal transactions. Suck to hear off but this is in fact the reality on crypto world which it is really being used as a tool to make those kind of doings. |
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as i said on the title what are the good effects and bad effects of robots in replacing human jobs. this will affects our economy or not.
What is your opinion about this guys.
Robots replacing humans to do their job surely will affect the economy of every country. The pros of it is that robots allow increased production because they work faster. They can also work longer because they dont require sleep or rest, they just need electricity to function. The disadvantage of it is that many people would lose their jobs and their work wont improve because they are programmed with their skills and it does not improve even if they work for a prolonged period of time. This would really be the main disadvantage if robots are already replacing humans on their works but yet there are some jobs which do really still need to be handworked by people which robot cant really able to perform or do the job which means this wont be totally be replaced.The rate of unemployment will surely rise up on a certain country if robots are already taken to their places when it comes to work.Actually it is already starting to develop as the high-tech era began.Sooner or later we would really able witness such changes. |
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I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
That is quite normal for a newbie (new to trading ) to panic and sell the coin. but I would like to suggest never sell your coin in panic specially BITCOIN. If it is altcoin I can understand selling at a meagre loss of 10-15% but never sell your bitcoin. do your research and at least try to stay in your trade for mid to long-term period. otherwise, you will lose money in future too. I would say even on altcoins panic selling wont really be always a good step for you to made since some of them do really still acts like bitcoin when it comes to price movement and recovery later on when theres a sudden price decrease but this thing would only be possible on some alts which not all do have these kind of traits. Cashouting on the right time is a tough job but rest assured or having a secure profit taking always reap out above on your purchased price. |
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Panic selling is also one of the most common problems in this type of industry. The idea of behind panic selling is quite good and bad in a way. Good since it's a sort of prevention, Preventing further loses in the future. Bad in a way that if you sold your coins due to a new/s that are spreading in regards the major dump, fork and etc. this does only losing the opportunity but also you are losing your money. Panic Selling is really not advisable to do in this type of industry, We all know how volatile this Bitcoin is but Bitcoin does regain its composure after a drop. It's better to be equipped with proper information to support a life and death decision. One wrong move then it's over.
Yeah it is the best and the most important lesson to teach if the person will teach the bitcoin and the bitcoin will be the more famous so it is not good to sell the bitcoin at the panic because the price will increase more. It is the new age and the bitcoin user are trying the hard or make the high profit in the bitcoin it is the best time and the place to invest in the bitcoin and buy more bitcoin till the price of the bitcoin will be high. Panic selling cant really be avoided because in any new people who do engage on bitcoin newbies do usually panic when they do saw price decrease times.Even no matter how hard we do say to them about on not to panic sell then most of them will do which is normal but don't worry they will surely took lesson on those moves that they do made when they saw up that price of bitcoin did recover its price or even go higher.Just like on my newbie days those decisions aren't good but somehow it molded me up as a better bitcoin holder or investor. |
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You don't have to worry about the Bitcoin as it is strong enough to get up to a high price in the future. Like me i just hold it for further investment.  I think bitcoin will give me a surprise in the future.  The worry is definitely there, look at the bitcoin price is now very high, but I agree with you, so we do not have to worry and not too afraid of bitcoin, I think the bitcoin is strong and very good, when seen from its development, bitcoin is very good. , so we think positively, and hope that bitcoin gets better for the future. Its normal to think off about on the possibilities that might happen which would really cause up worries even myself do really worry on bitcoins future and possibility of price crash on worst cases because we wont actually know on what would happen ahead this is why we should only spend or invest on the amounts that we can afford to lose up and don't tend to go all in on bitcoin investment.Just always remember that theres always a certain risk on any investment on the world. |
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It is YOUR money.
It is YOUR risk.
Only YOU know your financial and infrastructure setups.
Why would you think that complete strangers with zero knowledge of your plans can help YOU decide?
Get some balls and make up YOUR OWN damn mind!
I actually laugh on this one which it sounds too harsh but it is actually true because its our own money which it would be our own decision on what would be the miners would be bought on those extra $8k you do have. You cant be sure that all of people who are suggesting on here are experts or do really have idea on whats the thing you are talking on here. Better stick to your plans or the things inside your mind just the same on being suggested |
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Quite curious if this has been the case. Obviously I'm hoping it haven't been the case.
Forcing bitcoin users to pay up taxes would really be impossible but this thing can be done when people are engaging into those centralized exchanges which would really end up to get a % of their profits or holding as those exchanges would really follow on the imposed laws of a certain county on which it do belong.They don't have the choice but to follow it.This is the only way that I can see that bitcoin users can be taxed excluded on the fees being deducted on our each transactions. |
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I remember when I started on here, YoBit was a big company at the time - still as shitty as before with its support and the amount of shitcoins on it but it was still big with a MASSIVE SIGNATURE campaign presence on here (even if they were a spammy sig campaign, kinda matched the company)
Does anyone know if they're still around and trading? And if so, if they're doing good as an trading network these days.
Luckily they are still alive and kicking as of now which they do continue on their signature campaign and the service that they do give into its traders which there are still new coins being listed on the site.Yobit is indeed famous on those previous years have passed until now the reputation does remain specially on its support which do really sucks bigtime but still I'm sure there are people who do make use of the site and I don't know whats the thing that keeps them coming back. |
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[Edited to make it more understandable question] What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.  If all nation is using one currency, I think, this is a big burden to all of us. You know why? Because we cannot dictate of our currency rate is increasing or decreasing. We cannot notice if our economy is going up or down. Having too many currency in the world is very important, it is also the one of the basis if our economy rate is increasing or decreasing. Having too many economy in the world will also helps other people to earn and gain money. Not only that because if there is only one currency there would really be a competition on each country to accumulate as much as they can because it would really symbolizes power if a country would really have the most possession of such currency which would really mold up chaos because superiority would really be there.This is why this thing is impossible instead of uniting on most countries it would rather create chaos. |
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BCH, this is always a good choice for replacing Bitcoin. It was splitted from Bitcoin and it has more advantages than Bitcoin.
You BCH is already good as dead as of now I cant say it doesn't have potential but it wont really be a good candidate to become of those coins that would replace bitcoin anytime soon. I would rather believe on ETH to be the next one than on BCH when comes to cases that bitcoin would die. Answering on the question of when bitcoin price falls then theres only two things we can do. Hold up and don't panic sell and buy more cheaper bitcoins if you do still have the money to put on because normally bitcoins price would recover no matter what. |
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World is filled with both good and bad type of people, Cheating and stealing is also a part of our human nature Some work hard to earn money and other work harder to steal their money. Growing population, computerisation/ automation in industries are reducing the number of jobs every year. So these people even having education could not get jobs. So they turn themselves to these bad businesses like hacking mobile wallets, bank accounts etc. Then they get addicted to this easy earned money.
Agree and this is the sad reality that were common nowadays or even on the earliest time which scammers and swindlers are on the surroundings which do only wait for their victims to get easy money from them this is why scammers are there because there are still fool people who do easily fall on the traps of those people. We should really be aware and careful because usually scammers do make use of our weakness as a human which we are greedy in nature so they would make use of things that do connects on easy money too. |
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I think you should be stop a few day then learn and review your mistake in trading. After find it, learn and review it then you can continue trading with new strategy and new risk management. My opinion your mistake is not use stop loss, before trading should be decide the amount of stop loss and take profit, for example stop loss 15% and take profit 25% and also use daily chart so more accurate to decide when buying and selling.
Or even he didnt tend to put stoploss after all and i do presume that he did make a panic sell when he saw that prices are already dropping. Lossing 40% is serious loss which we would really panic if we saw our capital is slowly depleting and times that we wont know already on what we gonna do. As being suggested have a break and analyse your mistakes and see where you did make a wrong decision to commit such loss. Any mistakes should really be learned off later on and we should expect losses to since theres no perfect trader on this world. |
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
It is really hard to predict when will be the next pump. It is also the reason why it is hard to become a trader. I always observing the chart for me to know whether it is the right time to sell coins or to buy coins. Trading would be always unpredictable which as a trader this would really be always the main question on our mind on how to know the next pump and no one on this world could able to know the future this is why this kind of question would really remained unanswered forever since no man can able to know the things on whats ahead but somehow there are several things which can be learned along the way that would somehow increase the chance on making profitable trades. |
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This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
The only answer that I could think of why bitcoin is so much special than other currency is because it is the very first cryptocurrency and It's like The father of all cryptocurrencies because without bitcoin other cryptocurrency will not be developed because they get the idea of creating crypto from bitcoin. Yes, Its one of its kind on which people would really see the special thing on it and those altcoins are just next into it which try to copy or just getting ideas after bitcoin thats why it will still remain as the king of all cryptocurrencies. We can able to differentiate on how big the community is on bitcoin compared into altcoins which signifies that it has really a strong support because of its benefits that it gives either on payment system or on earning/investment side. |
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Maybe Your Account is Not Verified and Was Not Login For Two or More Days.
Or is it Just Your Authenticity of your Gmail or what mail you have Put To Verify account Before Logging in, you should Check your Internet to if it is stable.
Or Try To wait Within 1 Hour, If The Link will Not Arrived Then you should Contact admins, Usually Link Will Be sent Within 10 Minutes.
If you do try to see on OP update post the issue have been resolve already which turns out the problem is on mailing servers which causes the delay and in fact i did experience this thing too on blockchain that email verification wasnt sent into my mail which would really cause delays on your transactions and the thing here is that blockchain support doesnt respond.Even on coinbase too i did experience such thing. |
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In December BTC may dip, Altcoin will perform good. NEO, WAVE, STRATIS are good for short term investment investment. This so s good time to invest invest in Altcoin.
I don't think so. Remember what happened before the christmas in 2016. The price started to make a sharp rise in december and this lasted in february 2017. The same pattern may apply again. It happened last year may or may not happen this year too. Yes it will be a Christmas time do expectations would obviously that the price move upwards . It has reached 7900 $ now and 8k should be able to reach today or tomorrow . Let us see if we can see 10k mark by this Jan . It has been reached out and talking on the situation that do happen on December month on each year we dont see any price increase but yet theres a correction because people are mostly cashing out because of the holiday season which means most of us do really need money but well it doesnt decrease too much and a possible rally would might happen but no one really knows on what would happen on this year.Even on altcoins if they would have bullish trend. |
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What are your views on this?
If you do make short trades then $8000 would be the sweet spot to sell on your stuff but if you are a long time holder then just hold off your coins because price might still shoot up on next years to come.For now in my current situation since im a active day trader i did sell on those points since i set a sell order on those price ranges which i do really make profits and i do set buy order on $7100 price because i do see the support as of now when drawing up technical analysis. |
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Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?
I would say it is just like the same which the satoshi we do earn would really be less compared wayback before when it was still cheap which is really normal. The thing that hesitates us is when bitcoins price tend to go down suddenly which would really result on non-good situation. We can accumulate on small parts or satoshis but it not really good in the eyes when we do purchase worth of $100 of bitcoin but the numbers is quiet few but we should get used to it since btc is already valuable which values are expected to be on this way. |
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
Its never been too late for Oldies to get in on the boat of crypto currencies which it is also a good way on entertaining their selves since they are already retired for sure they would seek things that do entertain them and crypto investment would really give that chills and excitement when it comes on making money and also on losing money but as long they do have their own laptop or pc or even just on mobile phone with internet then theyre good to go and possibilities on adding up more profits is there too. |
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