Bitcoin prices are down sharply, but there are still a lot of people interested in bitcoin. Evidence that the number of people discussing bitcoin on Reddit has increased dramatically. TheMos moderator is also mentioned in this article. Has anyone explained to me about Themos's information, he's simply the bitcoin community manager on the big forums: Bitcoin talk, Reddit.. Or did he participate in Bitcoin's network development department, like Vitalik Buterin of Ethereum? https://cointelegraph.com/news/subreddit-r-bitcoin-hits-one-million-subscriber-milestoneYou just need to see the volume in the market to know that there are many peoples still transact using bitcoin. Although bitcoin price is going down far, it is just only a normal thing that can be happening in cryptocurrency world. Smart investors will find a way to know where is the bottom of btc price, and buy it later.
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Indeed, it will be no problem if you using it for trading. But imagine when you using it as a currency. Imagine that you can buy a car in december 2017 with only 1 btc, and now you cannot buy any car because the price of btc has dropping. Volatility won't become an issue if you not use it as a real currency like fiat.
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In crypto currency, Never regret anything. No point in looking back and saying “only if I had done that.” Or if only I had sold earlier, instead Realize you made the best decision in good faith, for every reason that made sense or did not make sense at that time. Now it is time to let it go. Focus on here and now. That’s where success lives in crypto currency
You won't regret any action you have done in crypto if you can afford all of those to lose. Always investing only you can accept if you lose it, not only your money but including your time as well. We are living on the present and toward the future, not in the past. So we can learn our mistake and not regreting, but always find a way to make profit from better strategy.
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To my best understanding Presently, the crypto currency market is a game of who buys or accumulates most tokens or bitcoins
The Government and The big men wants to buy several of it and companies want to be a part of it as well
If we see BTC at $3k, I won't be surprised but when the moon and bull runs start..
It will be as eagles soar on the sky high
But the others who bought bitcoin at $19k are already suffered from the big losses. If they didn't cut their loss when btc below $15k, then there will be a possibility for them to left crypto because too many losses. Until now, there is no one can predict when the bull market will starting. We just can only waiting patiently.
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A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I think it will be a long way for cryptocurrency to become usable to buy basic needs. It will need to have a stable value in the market first. Currently, the value of crypto is still volatile. It is possible for us to buy cigarette using crypto in the future, but at least not for now.
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There are a lot of ICO with promising products. In fact, many projects launch ICO because they want to reach the next level and make a company more successful.
Do you use or plan using these products?
If they are creating a useful products in their company, i think im gonna invest on them. But if only they are a legit and really exist, we need to take extra caution before participating in any ICO because there are fraud projects. There are a lot of promises in ICO, but there are only few companies who keep their promises after.
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if you want to invest in altcoins, this is the right time for you, because all altcoins are very cheap, buy good altcoins like the one below:
1. ripple 2. cardano 3. Holo 4. nem 5. dogecoin
Why only altcoins ? bitcoin have potential to increasing its value on the market too. If you compare bitcoin with altcoins, actually bitcoin is better at liquidity because the volume is big. Altcoins which i want to buy are bchsv, monero, doge, and cardano. Those are good coins to hold.
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Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers
Bitcoin is not gotten popular because the ads, but because it is being used by many peoples around the world. Aside from using ads, i think we can using project with bitcoin usage inside that project. If we can create public awareness from the project, the coin value will increasing.
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We can all agree that having grown up with the current banking system of tangible money is familiar and comfortable. However, today rate and people are losing faith in a system that bails out the rich and leaves the the world is changing at a rapid poor to fend for themselves. People are starting to take back their power and are wanting more control over their own money - it’s time to shift your reality to the 21st Century. Can you believe that we are still living in a world where bank transactions don’t go through because it is a weekend or public holiday, what is up with that? We have the choice to move to a peer to peer (P2P) platform that can make instant transfers any day of the week.
No need to worry about today rate of cryptocurrency in the market because we know that cryptocurrency price is often change drastically. You must see cryptocurrency to the far future ahead, so you can see the real value of cryptocurrency. Yes in common bank, weekend is the holiday. But in crypto, you can use crypto anytime you want and that is the advantage.
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Hello everyone, I have seen many failed projects recently. I have received many emails regarding investing on ICOs, so is it still a good time to invest? I didn't made good with my earlier investments. Is there still a future for ERC-20 tokens?
Sometimes it is still profitable, but if only you invest on the right ICO project. Nowadays, investors has losing interest to ICO because there were many ICO didn't deliver their promises. Therefore, advance research and due diligence are required to be able to find a firm ICO company.
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Just want to share my experience for a week ago.my wallet was hacked by a poor hacker in my opinion because in my wallet not more than $200 and the hacker was hacked only $80 when eth for the gas transaction was run out.very so sad when we waiting for the best price and i will sell it but it was hacked
I feel sorry for you but the hacker is indeed poor because he hacked your wallet, even only $80 from it. You need to use more secure wallet to protect your coins in the future. If you are using MEW, i suggest you to using other wallet like jaxx or metamask.
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Since the fall of the prices of Bitcoin (right now 1BTC = $3781,08) many Bitcoin miners around the world have stop mining.[1] because is not profitable anymore due to high electricity bills and low prices. So which are the countries that still are profitable right now for mining?
First, we have to consider 4 things:
*Internet availability
*Electricity costs
*Legal to mine Bitcoins
*Machinery & administrative expenses
The best place to mine bitcoin is the place with a cheap mining equipments and cheap electricity fee i guess. If your country only have cheap equipments, you won't be able to pay your electricity bill because the current price in the market is very bad. But this is not a bad thing for some peoples. If btc price drop, then many miners will not mining anymore and the difficulty will going down.
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In the world of bitcoin, I wanted to see what people are most interested in learning about. Here we have presented a few options to get a better feel for the community here on BitcoinTalk. Please select which topic you would like to learn more about as we continue to develop bitcoin and cryptocurrency.
The most interesting about cryptocurrency i like to learn is about mining. Mining cryptocurrency was profitable in late 2017. But i think it was profitable because the price was rising very high at that time. For now, mining seems like not too profiting for miners anymore because they cannot cover the electricity bill.
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What do you think will ETH fall to double digits? And if it falls would you buy some?
It will be possible to happen, but not for now. There are many ICO companies using ETH and the tokens in their network. If they are leaving eth network and make their own coins, then the price of eth maybe will going to the bottom. I will buy ETH if the price falling and there are a promising project in ICO.
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The current state of the crypto market is definitely not for newbies but for those who have a good understanding of how it works. You don't need an expert tutorial to know that good crypto traders are still making a huge profit from market speculations despite the downward trend in value that bitcoin and various altcoins have witnessed in recent days. CoinmarketCap data today, as shown below, reveals that out of 100 top coins 98 are on green. I think this is reassuring that it is not over yet with the crypto. How far do you think this Green will go?.
Of course trading is not suitable for crypto newcomers, they need to gain knowledge about the market movements first. If you see green on coinmarketcap, it could be only the temporary correction for the red market. The probability to going even deeper is not zero, we cannot rest assure yet. Just keep monitoring the market to see what will happening.
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
Are you sure the falling price of btc was because BCH hashrate war ? It could be only manipulation from some whales with the same timing of bch hashrate war. I think in this kind of red market, we can try to accumulate some coins instead just holding. But we must find a really good coin to buy, so when the price recover, we will get our decent profit.
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- We must have our own way to keep our Bitcoin safe. The account we use must have a unique password, and not easily guessed.
- Do not equate account passwords associated with Bitcoin with other accounts such as social media, because it is vulnerable to hack, let alone the followers of its social media a lot.
- Use two-factor or 2FD authentication. Additional security layers are easy to apply. Quite a few apps like Google Authenticator as a 2FD installation provider. In essence, it works as a second security layer after the password. When you've entered a keyword into your account, the system will request a two-factor authentication code. The six-digit code does not need to be memorized because it changes every 30 seconds.
- And one more, do not trust everyone. Suppose we provide information about our Bitcoin account to our Mother, it is not impossible that our mother could just tell it to someone else. With the spread of such information will increase the potential for breaking.
The most effective way to protect your wallet from hacker is by secure it with 2FA i guess. But this is if only you have an exchange wallet because usually they provide the 2FA security to enhance your security wallet. If you don't have any exchange wallet, you can use desktop wallet on your pc and backup it seed and password somewhere safe.
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I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.
What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.
I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.
If you were really selling your coins and tokens, then you can buyback them cheaper at the current price in the market. Holding coins without calculations cannot bring you profit. Usually, i have limit to cut my loss if my coins has gone too far to the bottom. If you are not going to sell to cut the loss, then just hold it for long like you forgot it.
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We've seen coins goes down, and up in the market, but since the last two days crypto stabilized, are we going to see the coins upward or this is just a big trap for us while rich names gathers all the good coins and left us with shitcoins in the market what are your calls for this one i hope we share knowledges for everyone
Looks like it was the trap before the current bear market. Bitcoin price even has going down further to the bottom. I think the time for a comeback in crypto is 2020. The 2018 is the crash of crypto, and 2019 will be the recovery of the market. The bull market has a small possibility to come, while the bearish market is dominating in this year.
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Hey guys, I have seen this: https://www.lifewire.com/big-sites-that-accept-bitcoin-payments-3485965 recently, and I think that there is really cool that we can pay in different places with bitcoin or other cryptocurrencies. Do you know other places that allow this? I think there is a really bright future for online coins in the future. Where do you see payments allowed with coins soon? I think there are KFC somewhere that accepting btc as payment method, but i only heard it. Even i heard that you can buy a car using bitcoin in China. Actually there are many places already accept cryptocurrencies for goods. When the btc price going stable in the future, i think more peoples will using btc and crypto as their main currency.
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