basically, bitcoin is the first cryptocurrency. can be said that bitcoin be a symbol of cryptocurrency. so as long as bitcoin is still the most superrior coin, then surely the price of bitcoin is a reference for the price of other coins. but not all altcoins follow the price of bitcoin.
Bitcoin price reflecting investor confident. More expensive bitcoin price, more confident investor in market. Most trading pair in market using BTC as benchmark and as biggest liquidity in market, bitcoin will affecting on altcoin price. Beside that, bitcoin dominance in market right now more than 45% |
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Yes, we don't need to worry about crypto, because crypto is quite reliable in handling every situation. Crypto growth will adjust the amount of coin demand, the higher the demand then the crypto will be higher its development. For that, we must continue to support crypto. Don't confuse the situation just because of your panic. With you giving positive support to crypto, I'm sure crypto will soon grow and rise again its value.  If we start investing our money on cryptocurrency, we must consider many thing and believe cryptocurrency is good investment for long term. We should not panic and make mistake step because it we will losing our money. Many FUD in market and we should not just believe on that, many big investor waiting we selling our coin with cheaper price and they will buying it |
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What are the TOP upcoming ICO with greatest potential?
CryptAssist is good ICO and i think have potential in the future. With only 88 millions coin total supply, and with DAG technology, cryptassist will be profitable if we decide to invest. This coin already reach soft cap and sale ended sept. I am join on they bounty campaign and wearing their signature because i am believe this coin will make surprise on market after they launch their own exchanger beside listing on others exchanger |
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It will last until the last 3 months arrive. I know that the months that ends with 'ber are very generous. It is the start of giving and people also start spending their money like they don't even care. But we still don't know and we can only do is to become very hopeful.
Listen, if you have ever checked out the price these days then it would be great but it seems like you do not know about the current price. it has reached to 8246.36 US dollar which is a recovered price from 5.8k dollar figure has a lot of importance at this stage. If you perceive it that the bear market is likely ending and we are going towards better positions so do not just hope but take the advantage of this market. It is true, bitcoin price right now its much better compare early 2017. We should optimistic on cryptocurrency market because we know that big financial investor interesting to invest their funds and banks already open their door to cryptocurrency. Big institution investor interesting on crypto market because they see good opportunity on crypto market and we should not give up with our investment on crypto |
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It's really a roller coaster ride for bitcoin for the first half this year. We've seen how bitcoin responded to the occasion several times and it was just a couple weeks when bitcoin had finally broke the 8K USD resistance before it went down back again to 7K USD today. Overall, bitcoin is doing good and since there are few more months left, i expect bitcoin will make the cryptomarkets very healthy again.
Indeed, bitcoin price this year very fluctuating and makes many investor decrease their investment value. But I am still optimistic on bitcoin because bitcoin market cap value still above $100billions dollar and market cap crypto market around $260billions dollar. Hopely on Q4 2018, bitcoin price can recover and reach above $10k again |
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Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.
Maybe its true but many rumours in market that we dont have to believe. I think bitcoin price drop because SEC delay ETF approval on september and maybe investor selling their bitcoin. But its just rumours in market. For me, I am better hold bitcoin as long term investment and i am believe bitcoin will reach $25k end this year |
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Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
I think it depends on the potential of the other coins because we are basing the performance of every coin, Actually, we're looking some altcoins that deserving for longterm investment like bitcoin. I think a competitive coin is the longest journey. Many altcoin have a chance to compete with bitcoin and can replace bitcoin as king on market cap. Like ethereum, have bigger supply than bitcoin and used by most token in market, i think ethereum can compete with bitcoin in near future. Its true that hard to compete with bitcoin but if cryptocurrency regulated by government, I am believe investor will find alternative investment beside bitcoin. |
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Bitcoin have many purpose, beside as currency bitcoin can be as store of value. As currency, bitcoin its hard to replace fiat money because bitcoin right now unregulated but as store of value, bitcoin right now very powerfull. I dont believe bitcoin will fall in near future because many peoples investing on bitcoin and not use bitcoin as currency
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Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
From what i know, if you looking for privacy coin, many option to choose in market. Monero is one of many coin with privacy feature. I think, privacy transaction does not needed because government must be not allowed it like what happen in Japan Monero coin are forbidden |
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The bad news from the ETF and some expectations swayed the market. However, for the first time in a long time, Bitcoin did not hesitate due to security concerns during the uptrend. When Bitcoin ascended to the present day, a hacking news emerged and everything was reversed. Let's look at the last ETF statement. This ETF is the strongest and the anticipator will price Bitcoin upwards. We can see 10K level again in two week if ETF will affect BTC price. Or we will go down again.
ETF just delayed and maybe happen in september. Hopely bitcoin ETF approved because it will bring more investor to cryptocurrency market. If ETF approved by SEC, i am believe bitcoin price will be rising and it will affecting on altcoin price too. Big investor will be more confident when ETF approved |
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it's a pretty good marketing strategy because celebrities are public figures that are always being picked up by fans, so when a celebrity attack uses crypto currency it will be followed by his fans, imagine if the celebrity is very famous and has many fans
Indeed, most celebrities have many follower and if that celebrities for example tweeting about their crypto, their follower must be searching and find out about that crypto. Its good for cryptocurrency market because more peoples knowing about crypto, more chance they make investment. More peoples investing on cryptocurrency thats mean market cap growing more faster |
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Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
It is hard to make bitcoin as main currency in the world because every country have their own advantages and regulation on their economy. But if most country in the world regulate bitcoin, I am believe bitcoin can accepted as payment in merchant in every country beside their official fiat currency. |
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Bitcoin's acceptance is increasing in many countries. Surprisingly even the developing countries are taking it on. But it might not solve many of the problems in these countries. If you are good at crypto-economics, you very well know that bitcoin has a deflationary nature. So, it cannot in any way possible lead to inflation. But it won't also solve the corruption problem that many of these countries are facing. However, I'm confident that bitcoin is a good development for developing economies. So, it should be encouraged.
Indeed, its really surprising to see many developing country right now accepting cryptocurrency and bitcoin. Maybe many country still prohibit bitcoin if used for payment but they still allowing bitcoin for trade. Bitcoin will bring more peoples more aware about cryptocurrency and i do believe in near future bitcoin can be used for payment in every country in the world |
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Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
Government think cryptocurrency can used for illegal activity. Many government afraid bitcoin or cryptocurrency used for criminal activity because transaction using crypto hard to trace. In many country, government allowing cryptocurrency trade because government believe crypto trading is just for investment. Many government right now considering to regulate cryptocurrency trading because government must be want to collect taxes from that trade. |
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I am still believe gold and silver is still good investment in the future. Gold and silver price drop right now because The Fed want to increase interest rate and its affecting on many commodities price.
But in next few years, i think cryptocurrency will more rising because peoples know they are living on digital era and cryptocurrency is one solution to make their bussiness more eficient.
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Bitcoins is really good for developing a country because the amount of profit for cryptocurrency is very high and that is the reason why japan is legalizing bitcoins in their own country. Indeed, in developing country like my country, peoples start knowing about cryptocurrency bussiness or bitcoin. They want to earn extra money by investing their money on this market. Peoples know that cryptocurrency growing very fast and can give big gain in short time. But sometimes peoples not aware on the risk, sometimes they dont know that cryptocurrency is long term investment |
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I dont think its end of dotcom or tech. Facebook have issue on security and their reveneu below market expectation, its very normal if below market expectation and have law suit, share price will falling. Facebook should accepting cryptocurrency ads if facebook want to increase their ads revenue because cryptocurrency bussiness right now growing faster and a lot project need promotion. |
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Government only regulate on bitcoin trading in exchanger. Bitcoin can not regulate by country because its blockchain system and no country can claim they keep the data. Transaction data spread all around the world and government can not control the data and supply, thats why government can not regulate bitcoin but government can regulate the trading |
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Bitcoin is safest currency right now. Using blockchain system, bitcoin hard to duplicate. Bitcoin data transaction spread all around the world and its almost impossible to hack or change the transaction data. The ledger on bitcoin is very transparant and every body can see transaction data thats why almost impossible manipulate bitcoin data
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I think if we want to make bitcoin as popular payment, bitcoin should have fast and cheap transaction fee. Beside that, government regulation needed if we want bitcoin used for payment. Many merchant afraid accepting bitcoin as payment because regulation from government.
I am believe in next 3 years peoples and merchant accepting bitcoin for transaction, like we accepting paper money.
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