Helping people is admirable and I wish more people had the same ideas but as it happens the world is the way it is and we're greedy. If only we all looked after the people in need around us and offer a helping hand the world might be a better place...but that just won't happen because we're just humans.
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Yes! The obvious answer is of course, even those who trade and by make the right market decision to either buy or sell at the right time for good profit, overall we all lose because the net worth value of the coins is reduced during the bear market.
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But you know, over 75% of the guys that know all the pros of holding will be not so patient. They will sell their coins or exchange them for the other alts. Thus, there will be no stagnation on the market.
The market will swing up and down, just be patient and let the new folks go though what you did. Someone has to lose money to gain. It's just the way the markets work. Well, nonetheless having people inpatient and actively, participating in the active market is a good thing because the 'balls need to keep rolling' and yh, sure the consequences would be felt by some of these people but at the same time those that do hold will hopefully see worthy gains.
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In a way, I agree that Bitcoin does need some form of mild regulation to put people at ease but too much of it and its all for nothing. Thus, such ideas must be well communicated before people get too panicky.
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What December of this year will bring to all of the crypto people is uncertain but one does hope that at least it will bring some sort of positive up rise in the BTC price.
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I think what we are all very anxious to see BTC do, is to reiterate the price spike from last year or to at least head in that direction. Tough, this may be a uneven ride for sure, but we must keep our faith for BTC and our sake too.
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It will be a difficult divorce because the Bitcoin's baseline is the USD and at least for now that seems intangible. Having said this, with time it does not mean that this dependency can't be reached.
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Its true the Bitcoin price did show a steady increases and for day traders this would have been an opportune moment to have sold some BTC especially now that most people believe the price will boom again, if one thinks the opposite, which has been the case with the price dropping again. It depends on how risky you want to get, I suppose, and of course the opposite is true.
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I think every person experiences sweetness and bitter moments with Bitcoin. The bitterness is usually associated with the market dips while the sweetness is usually associated with the market bulls. But then again, we can't really complain much because we are fully aware of the crypto risks so any profit is a bliss.
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Most recently, I've seen many smart contract-based gambling games which live on the Ethereum blockchain. Some of them are Dice games, while others have a variety of games to choose from like Poker, Lottery, and more. Good examples of gambling games within Ethereum are EtherDice, vDice, and DAO Casino. However, I believe that these are not the only ones in existence right now, as many more are yet to come. Nevertheless, what do you think about Ethereum-based gambling games? Will they have a future? Will they become adopted at the same level of traditional gambling games or not? I would like to know your thoughts about this. I think in the sphere of the crypto world having other coins based casinos are a bonus because you want to capture as many people as possible and this can be achieved only by making the games more accessible. Also, Primedice is another ETH based casino.
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So far, no drop in prices has been the end. Your message was written in winter, now the end of summer and bitcoin is still alive. So never panic before the time
Absolutely, right. This red market is not the worst we have seen and its definitely not the end but the transition to a new high. So, lets not create panic, just wait and the market will recover.
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Its really up to you and how much you can afford to lose and obviously how efficient you are at predicting the direction the market moves into.
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I am definitely positive that major cryptocurrency will not only be live but will be used worldwide as currency of choice for people far and near. I am also positive that the value of these coin would have increased also!
I agree with you. Crypto is vast but there are some good coins which in my opinion are bound to go up in value and still be around in the coming years.
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I will go for Etherium in that case. Etherium is quite used in ICO industry, and I think it can rise quicker, then bitcoin. Bitcoin lost a lot of investors trust as well in this year, and it will be long time to recover from it.
Those are all fair points about Ethereum but I think even though ETH is based on very good platform it still won't overtake BTC because the investor sentiment to BTC is huge and this will keep it going even if now there's less investors; new ones will join in.
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The short and simple answer is Yes, you can make money when the market falls. This can happen when you sell and buy between the fluctuation peaks given that you've made the right trading decision.
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This crash has one good thing. Seems like Bitconnect is finally gone Fair enough, but this does not come anywhere close to the bad things following BTC drop in value. Alas, this is the time to be patient and calm. BTC must and will go up.
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If we talk about security, then I would not advise you to keep all your coins on the exchange, because you can leave a certain amount there to trade, and the rest is transferred to a protected wallet
There have been many posts relating to this question, and in agreement with most of the people on here, its best to keep it off the platforms. Its way safer in your own private wallet then anywhere else, that I can think of, excluding nanoS.
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The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. " https://www.youtube.com/watch?v=unvFvAUCZEUInteresting news to share. In my opinion, this sounds nothing more than just a dream. I don't think the world is ready for the disappearance of the dollar and acceptance of crypto, its way too sudden and soon.
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The whitepaper is a very detailed document explaining how the project is going to achieve deliverables and how it differs from what already exist i.e. how its different etc. Its the equivalent of a business plan, a form of evidence used by investors to decide if they should invest or not.
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Its funny to see hoow many people say that if they had the money in questions they'll not only think about themselves but about saving/changing the world. I believe this thought would not longer exist once presented with the money because just then you realize how much more you need as an individual - its just being human!
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