I'm not surprised, it is like the wild west out there at the moment with people getting scammed left right and centre. As long as top coins like bitcoin and ethereum can continue to be advertised then crypto will continue to push for mainstream adoption.
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The best coin to hold is NEO as you will earn GAS just for keeping it in your wallet. It is easy to claim, just press the button in your NEON wallet that says claim gas! If you prefer not to hold it in a wallet, buy and store it on Binance and they will collect the gas for you and put it in your wallet. Can't get easier than that
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Although it will be centralised which is not ideal, it is a huge step forward for the crypto industry. There was a big dump when China said they will ban crypto, but now if they embrace it the market should pump upwards. NEO will do well after this announcement as they always follow the rules and might even get state sponsorship.
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This is the reason why altcoin trading should not be the main source of income but supplementary. A stable job should be the target of all breadwinners with part of the salary invested in bitcoin/altcoin trading. This market is too volatile, unless you're a pro trader it may not always end well.
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Binance is good but there a lot of trading bots there which makes it difficult to trade as a manual user. Good coins and seems like a safe option. I also use Cryptopia which is a also a good legitimate exchange with a wide variety of coins. Binance only lists top coins but topia has both good and low CMC coins which are interesting to trade with.
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The G20 has bigger things to worry about, bitcoin will get a brief mention but no international law giving it an outright ban. Panic selling now will be a mistake for the future. It has fallen for a few months now so a sharp upwards correction is due and is likely to begin next month when it usually occurs.
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It would be great to see it adopted in Britain as they are very influential in financial markets. If adopted in London then the rest of the world will follow, more crypto companies are establishing themselves in the UK such as farmatrust which is a well respected ICO. This will change the sentiment towards crypto for widespread adoption.
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Governments can only control the currencies that they create, nothing more than that. Bitcoin is already in the wild wild west, they can only control something like petro, or they can create some centralised crap like ripple. If they try to regulate it then people will switch to privacy coins like xspec or deep onion which are TOR integrated coins
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That's the problem with NEO, the coin itself is often more valuable than the tokens on it's chain For them to become more favourable the ICOs need to offer a serious discount for early investors otherwise it is better to hold NEO instead. Good projects coming up this year so Ethereum had better watch out as NEO is probably better in technological terms.
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It's a good time to buy any altcoin, pick your favourite and it will be a golden opportunity to stock up. Deeponion is cheap as well, at $2 a coin it is 10x lower than the ATH so plenty of growth when the market recovers. Also, as a tor based privacy coin it is likely to rise this year due to all the fud around regulations and kyc.
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At least we know that the next dip will start in September. From April until then it will be a sharp upwards correction, back to the ATH and then further up the mountain. It will plateau as he starts to sell but i doubt he will want to crash the market completely. He saw what happened last time, it won't be repeated.
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It's worth remembering that young people don't have much money, they are students with debts to pay. Wait a few years until they get older and have high paid jobs. First thing they will do is invest part of their salary in crypto. The market still has a long way to go, trillion dollar crypto market is going to happen one day, maybe next year
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Google is only banning icos and other scammy projects. There are way too many these days so it is probably a good thing. So many airdrops of shitcoins and icos that scam people out of bitcoin. A good ICO will have few competitors and be quite unique in it's offering. Public figures and good communication will also help, check out their telegram channel and ensure they are active.
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Nice idea but it will attract too many scammers if there aren't enough confirmations for the transactions. We need something that is solid and scam proof. If a large bitcoin company is willing to take on the risk with credit then that would help, but it won't be a standard for everyone to follow.
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This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying." https://cointelegraph.com/news/up-to-four-million-bitcoins-gone-foreverIt says up to 4 million. So that guy who lost his 103 is another statistics. Really just sad though to see someone lost a lot of money because they either don't believed that bitcoin will skyrocketed or they are just plain stupid and not backing up everything and literally throw their money away. Can you share more about the story though? Is this a new story or an old one because we have seen a lot of people losing their bitcoins. If will be really good if you can give us a link or something. With 4 million coins out of circulation it means there are only 17m coins as a total supply and even less in circulation. The price of bitcoin will definitely rise, even after the mt gox debacle. There is demand everywhere around the world, not just in one country. When the techno generation grow up, it will explode
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Satoshi will not do that as it will destroy his creation. The price will completely tank, even if he moves one bitcoin everyone will panic sell. This is the problem with an over-reliance on one type of coin. If the second coin was close e.g. Ethereum was worth 75% of a bitcoin then it would not matter as much - people will switch to ethereum instead.
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First he was one of the most people for losing their bitcoins, now he is hated by even more people for crashing the market! He is the anti-bitcoin and should watch out as a lot of anger will be directed at him. People are investing their savings into bitcoin and he crashed the market!
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Speakers don't look particularly impressive, haven't heard of any of those coins. Hasn't attracted any mainstream players in the top 10 of crypto currencies. Perhaps because it doesn't have a theme attached. For example, crypto in gaming theme which would have attracted e.g. gamecredits or skincoin. An open event is risky, but you never know - could be a success.
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It would have to be 3rd of January but this is too close to new years, also this is normally when the market tanks! When was the whitepaper released by Satoshi? That should be bitcoin day - since we don't know who he is or his birthday it would have to be his bitcoin article publishing date.
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There is no way it will fall to zero unless people stopped using computers and started to live off the land again. It would take a major catastrophe for that to happen like an asteroid that took out the dinosaurs. Even if it drops a lot, there will always be someone who believes that it will rise again and continue to buy and trade bitcoin
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