With these large technology companies investing millions into research and development on the blockchain platform it proves that bitcoin is not going away any time soon. There is a massive slump from the ATH and weak hands fleeing to the hill, but with intel on board, bitcoin is here for the long haul.
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This is the reason why Warren Buffet is so successful, i would follow his strategies on buying while the market is depressed and get super gains during the recovery. Weak hands can run away and regret it later, but seasoned investors will enjoy this buying opportunity and reap the rewards later in the year.
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It depends on which country you live in, but i would think that it is ok to keep trading until you convert them into fiat. At that point you will be taxed on how much you gained from when you entered the market. When it becomes legal tender to buy and sell products then we have a completely different ball game.
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This is why banks hate crypto and are trying to FUD it to the floor. If we take control of our own finances and send coins instantly for a low fee, no-one would use their extortionate bank services any more and they will have to cash in their lambos for micras
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Bitcoin is bloated now, same as ethereum. However, it already has the brand established so the community just needs to sort out a technical solution. I think this is easier than trying to market an unknown coin with better technical specs.
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Crypto is already worth billions, the question is when it will be worth trillions and i anticipate it will happen later this year. All it needs is another trigger for a bull run and the fomo factor will hit the roof. When companies like facebook release their own token, crypto will go trillions for sure
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I think waves is a good platform but not good enough to compete with NEO and ethereum. The good thing about waves is the simplicity, but sadly it is often abused to create worthless tokens which are clogging up the waves network. The DEX is also great though so it should really be worth more than it is.
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I have used cryptopia with no problems at all. The only reason it is has lower volume is due to the number of shitcoins listed there. i think it is good to have a mixture anyway, you may wish to invest in btc, eth, and crapcoin, so why not do everything on one exchange.
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It is because they feel threatened. Within 10 years the number of banks on the high street will be reduced and people take control of their own finances in the form of bitcoin. Banks will only be used by the old timers who are unfamiliar with the new technology. They can keep sending FUD but the crypto takeover is inevitable.
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He is right, ripple is centralised and has already been pumped and dumped. Any decent bank who is interested in blockchain technology will simply create their own tokens to trade with. Why use a currency that someone else controls and has proven to be unstable during turbulent periods?
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They should be taught when they are old enough to understand the technology. Especially if they have chosen to study computer science and mathematics. Only problem is finding a good teacher as anyone who knows anything useful about crypto will not waste their time teaching, they will earn bigger bucks developing apps in the industry
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Ethereum is a huge brand and trusted by companies and governments like venezuela. it will always be popular but there is an increasing pressure on prices not just from ICOs cashing out but competition from other arguably better alternatives. NEO is rising fast and is popular in the far east, i think it will compete on par with ETH this year.
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It will continue to pump and dump due to the number of whales in the market and newbies that don't know how to hodl If people woulc simply stay calm then we would have a stable rise like gold. However, people go mad during the bull runs and then run for the hills when it dumps, hence the volatility in the market
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It will never be an antique because there are too many bitcoins! An antique is something like a handcrafted vase which is rare. But with 21 million bitcoins there are plenty to go around. However, assuming it has a bright future it will never go out of fashion and become a global currency for the world instead
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This is exactly why it is not worth investing in ripple. Banks are not going to use to use someone else's creation as it is too risky and they have no control over it. if blockchain technology is going to be adopted they will simply create their own coin either as an individual establishment or in a collaborative group.
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I partly agree with his statement. The global currency is not going to be USD or EURO or CNY, it needs to be more neutral and not controlled by one country's bank. Bitcoin is the original digital currency with no national control and is therefore the only contender to be an international currency
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There is no reason why they couldn't list anonymous or privacy based coins, exchange transactions are trackable and meets all the kyc requirements. It's only direct coin to coin transactions that can't be traced so anonymous payments would be made outside of exchanges instead.
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It will help everywhere because London is currently the financial capital of the world and if they want to stay that way they need to keep up with new fintech. The future is bitcoin and other crypto so giving coinbase a licence will help with the next phase of global economic development.
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Thanks for the graphs, it makes a lot of sense that people should simply wait it out as march and april are generally slow months. This is the time for accumulation in preparation for the May pump. It might even start in April due to the increase in exposure of the crypto market compared to previous years
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A bit harsh but kind of true. These panic sellers are the reason for these big fluctuations. Whales can be blamed in part, but a group of panic sellers act like one big whale. If people would just hodl then we would have gold like stability and a better chance for bitcoin to be a mainstream currency.
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