Hi,
So Bitcoin has issues like speed of transactions and energy consumption.
As there is no 'team' behind bitcoin, how is it going to develop and make sure it is always competing with newer coins?
There are alot of coins resolving these issues and people are buying into them, but why if bitcoin is considered No. 1 ? Is there a possiblity the new coins could be linked with bitcoin or that future bitcoin 'integrates with them and their technology which therfore increases their prices?
Trying to understand this universe!
Thanks in advance
L
Bitcoin will adopt every new altcoin every time, new altcoin become part of bitcoin if success listing on exchange market and have trading peer with bitcoin or ethereum, when listing on big exchange market excatly new altcoin become part of bitcoin where investor can sell or buy using bitcoin peer. New altcoin have been success with sale investment and listed with big market.
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I think that every small investor adjusts to the market situation. Sometimes he can be on the side of the bulls, but if the market falls, it goes to the side of the bears. This is a market, it does not spare anyone, survive those who have a flexible approach and are able to adapt to the situation.
With market price situation many investor become watcher and lovely to wait when bitcoin or altcoin price back to higher price. Very risk if invest with bitcoin or altcoin right now because not have good news about bitcoin will adopt by many countries, bitcoin still look hard for raising to higher price with many cases faced by investor afraid if bitcoin hacked cases again.
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I just want to know, about market issues. 1. Reasons that make you survive or still believe in this market? 2. Is this what is called a market cycle, I mean back to the time before bitcoin reached the highest price in 2017? or maybe like 2014, 2015 or 2016? because I'm not there yet. 3. Why has the recent rise in bitcoin prices not affected the market situation for the better or had an impact on the rise in altcoin prices? 4. In your opinion how to overcome the market situation so that it can be stable again?
Altcoin or bitcoin price is not depend with market situation, all power for manage how bitcoin and altcoin price in investor hans's, they make when bitcoin or altcoin have higher and lower price. They make how many supply and how much transaction volume in one exchange market to dump or pump price, exchange only place for coin listed but running higher or lower price is on investor hand's.
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The idea behind KYC is a good one because it is meant for verification purposes. It only turns out to be negative when bad actors on the market decides to gather the data of participants and sell for their personal gains on the dark web. This is why KYC participants must be certain about the authenticity of the project before submitting their personal details.
I agree but still the scammers can able to penetrate the crypto market and successfully steal the money and the data of the participants therefore i think the existing KYC or the regulation need to be amended to ensure that the KYC procedure will fully protect the investors from the bad people. That's why the implementation of KYC needs to be intervened by the government if they really serious about it. Can't really entrust the KYC procedures which involve handing out your important data to every company existed just that easily. Government need to step out making organization that handle KYC directly and if there's an exchange or such thing asking for KYC verification they can simply ask the result from that organization.The government can't just make such regulation and then leave it be because there are so many strangers out there with harmful intention. Even handing out ID is already insane in the first place. My country very danger if you use your data for invalid project and submit your kyc with upload ID and take face selfie with holding your ID card, if you wrong for submit shit exchange maybe your data account use for other else, keep careful when you make KYC with some exchange market, looking how many people have registered with some exchange before you put your KYC data.
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Difficult choice. I think if you want to take profit quickly or play short-term, I choose a lot of hype even though it's shit exchange. It could be a good project but lack of funding or not finding an agreement to enter IEO top exchange. For sure, don't play too long on IEO, fast come fast sell. Because of course whale must be there too.
IEO It is suitable to be followed from a successful exchange project. an example is IEO from Binance. we certainly know that binance provides quite a lot of benefits for their investors by doing IEO and it is very clear that IEO is the most successful of all time In my opinion, IEO is the fastest way for that project to be successful in this market because the demand for investment in IEO has been on the rise recently so if you can participate in big projects then the opportunity to earn high profits will be very easy. I have participated in several IEO at exchanges such like Kucoin, Binance, Huobi and most of those projects need a lot of luck because not everyone has the opportunity to invest when participating. Yes IEO faster way become success with investing in cryptocurrency but we have invest with good IEO listed with bigger market like Binance and Kucoin, if you invest money with shit exchange for IEO just ready your self for losing money in cryptocurrency. Many investor very angry with IEO developer because price have dump than how IEO price listed for investor.
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Dangers inside crypto investing People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!” First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments. Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/Delist coin from exchange market is very danger site of investing in cryptocurrencies, we buy or invest on altcoin without check what problem faced by an altcoin, will they keep exist on some exchange market for long term or not, with problem delisting on exchange market will give bad altcoin price very low, now we get scam with many altcoin have delist from exchange market.
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If you want to get rich then find a good and better job that is offering a good salary and when you get a job with a good and high salary save those money and try to build a small business because it would be a great idea to become a boss in your own business right? Everyone here wants to become the boss in which you can control your time and also the flow of money or income in your business. Having a business is the best way of becoming rich.
How if get money from salary then we use for investing in bitcoin, do you agree with my opinion use all our salary for investing with bitcoin and altcoin because just few moment when we get correct altcoin for investing earn much profit, we can get higher than how much salary earn every month, maybe profit from bitcoin higher than salary for one month and bitcoin profit only one week.
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No way, the cryptocurrencies can never go to zero as more people are now joining the cryptocurrency ecosystem. Bitcoin and other cryptocurrencies are getting popular day by day. I don't see a reason why cryptocurrencies are going to zero. The cryptocurrencies will only go to zero if there zero demand from the public and there is huge demand for crypto right now.
This market is a new investment trend for everyone so this is still the best place to make a profit. I am not sure about the future of crypto but this market will have many big changes in the next few years and more jobs related to this market will appear more in the near future. I personally believe that this market never returns to zero because this is where a lot of big companies are doing business and they will not leave here. Of course, anyone is worried about this but cryptocurrency is a promising destination for everyone so please put great faith in this market. Cryptocurrency is new way for investing money and earn much profit, impossible seeing bitcoin and altcoin go to zero. Who want to sell their assets crypto with lower price? I think no one will sell bitcoin under price now. Many possibility for bitcoin and altcoin raising up with bitcoin halving for every four years and bitcoin circle back to higher price.
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Latin amercian government look not happy with cryptocurrency become legal transction, they always want to fight bitcoin and altcoin be banned in every country in the world, so far american latin government have serious with bitcoin is Brazil, they look want to adopt bitcoin as transaction payment and give space for bitcoin become legal transaction at the future.
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Is KYC is benefit to crypto people or not. what are the advantages and disadvantages of doing KYC. Universal money and Anonymous is the biggest strength of btc BTC, now every country follows KYC and then it can be controlled by someone. Now KYC is trend in crypto market..... I worried with my data control by some one else where our data ID number can access to our bank ATM, how ever when our data have publish to public we have ready for big risk with our bank account, better only KYC with big and trusted exchange market like Binance, Bittrex and Indodax, if you can withdrawal without KYC better never upgrade your exchange account with submit KYC.
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its hard to attract investors in bear market the reason is bear market gives uncertain amount investors to attract funds most of the icos are halted
The investors is attract best innovative projects so bear market is doesn't a big issues on all the projects. Most of the icos are died faster and most of icos are growing well on all the time. But Investors have good knowledge in crypto platform and they invest long term relationship so they never worried on halted projects. A bear market is a problem just for new projects because, at the time when the market falls, investors do not invest in very risky assets. Market still red and no one investor want to invest with bitcoin or altcoin, too risk if ask investor to buy some altcoin because price still down. they like for waiting when bitcoin or altcoin back to higher price and start invest with bitcoin or altcoin. Until bitcoin and altcoin lower price many investor keep holding their money without make investment.
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This news made me angry Why people still can not understand that the government is manipulating fiat money. Bitcoin is the solution to the problem of manipulating the state. Could this news be a signal for further support of Bitcoin instead of fiat money among US citizens? https://www.ccn.com/dollar-printed-75-billion-why-bitcoin-matters/Government manipulating fiat money with lower value every year, just buy something today with your money about $10, next two years try to buy the same product with $10, you get to buy it or not? I think you can't because price have up and your $10 have inflation value, but if you hold your bitcoin you will buy the same product with higher capacity and you get much profit with bitcoin without inflation.
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After a year, a lot of lessons that we did learn. There are 2 precious things that I think I should remember:
+ Fear + Greed
I learned that from my teacher, he said when you buy Bitcoin at 10k, it's then $12k your greed rises inside you and you don't want to take profit and expect more. Then, the downtrend is coming, BTC goes down to $8k, you'll be scared to cut loss, and what'll happen, you lose more while BTC drops to $4k.
So, we need to set up your expected profit point as well as the stoploss point.
How about you, what is your lesson?
Patience is the first thing that i learned in crypto market for me not to have huge losses. In cryptocurrency, here i always learned from my mistakes that i should know how to control my emotions when it comes making decision in trading and investing my money in crypto because i always experienced losses which is normal, but we still need to learn how to minimize our losses for us to earn bigger profit. Many people invested with bitcoin to get much money with instant or fast way, they only know whit investing on bitcoin just one day they will get much profit, they not have patience when bitcoin down and when bitcoin up, almost investment kind we need patience how to control and get profit with long term and price of bitcoin or altcoin we can't prediction.
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It is our own fault if we lose in the cryptocurrency market. I do not complain if I lose because I know that it is my fault why I lose. We should understand the market at the first place before we trade.
If lose price after listing during one month I think is my own fault, but when ICO investment coin delay for listing do you want waiting or complaining? I think many investor complain why delay for listing and not according the road map schedule, for lower price after listing just few second have to complain what working by team every day why they can't control ICO coin have lower price.
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Simply giving people a private key is not enough, there's a big chance they will lose those coins if they install a malicious wallet, or their computer has malware, or they will fall for exchange phishing. You need to provide very clear instructions how to safely convert those coins to fiat. If you don't fully trust your family, you can also check some deadman's switch schemes that are discussed on this forum. For example, here: https://bitcointalk.org/index.php?topic=5180850Malware is bad thing faced by many people get online system, many people faced with malware virus in their computer with installing some application in his computer, be aware when you want to check some application to your computer and use correct link for saving your data and use flash drive to save your private key or your bitcoin account detail.
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the fact that millennial generation is different than other - no doubts on that! but is it bad? all generations are the products of its time. the time and life has change really hard last 20-25 years, smartphones , social network everywhere - it changes the way people are communicating with each other. and if this generation will not adapt to the real life - they will instinct.
Millennial look not interested how to earn money with crypto world, they have waste time with enjoy life by gaming and travelling without have gold. They not prepare their self for the future when have family always waste time with playing game more than ten hours every day, we need ask millennial how to earn money with bitcoin and ask them to ready for the future with bitcoin become most fantastic payment.
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Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created. These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid. One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time" Should the above statement be allowed to continue?
Never joining with bounty campaign have change the rule after bounty ended, you can quick with bounty campaign distribution coin after end bounty by each week depend how many bounty campaign participants, its very risk with lower price after you get your payment not the first round, I always get payment on second phase but price have dump first by ICO team where they have about 30% supply coins.
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One day, I'll be able to buy daily groceries on OpenBazaar using Lightning Network. Looks like the first step has been taken at Farmer's Market, University District, Seattle right now... Another step has been taken at Spar Supermarket in Arnhem city, Netherlands. You can buy groceries and pay in Bitcoin over Lightning Network... Best dreaming when you earn much money with bitcoin you want to open your dreaming store, I think is best investment where you can earn money with every side way, when bitcoin down you can take moment for getting profit with your store, I very disappointed with have faced when bitcoin higher price I keep holding without looking for best way how to earn money with real investing, after bitcoin down I think why not invest half my profit with real investing.
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Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
For Banks on adopting Blockchain tech then they are already starting but talking generally when collaborating Crypto and Banks would really be impossible. It would exist no matter what knowing that government do really likes for all things to be centralized and heck, why we would need up Banks for our coins if we do have our own wallets? Which bank have adoption blockchain now? I have looking with many country still not bank support with blockhain and have allowed for saving money with bitcoin or altcoin, bank look dislike with bitcoin and altcoin transaction because they will lost if have bitcoin as competitor, bank member look happy if save money with bitcoin investment than have save in the bank without increase little.
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Scammer always make the same fault with scam many investor not only with ICO investment but also by IEO, they make fantastic promised for investor where giving many profit after coin listing, but when coin success with selling they listed coin with bad exchange market, have lower price and never buy back to push altcoin back higher price than ICO, just make business by scammer with IEO and ICOs project.
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