Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in. Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it
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Binance Coin is one of the good coins in the crypto industry and i recall a new time high which peaked about $40. The sudden dump in bitcoin resulted in the crashing of so many cryptocurrencies and BNB was off no exception. Well if the market rises all over again, it's likely we might see another new all time high probably $100 per coin.
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Lol, why would you say technical analysis of the crypto market is bullshit. It's just like the prediction of forex and exchange currencies by businessmen. There could be some short falls at some point in time but that does not nullify the knowledge given in those analysis. What you really need to understand is that all these are predictions based on something, that's why is always advisable to do your own research even after reading all these analysis before investing.
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For god's sake, there are countries there where the illiteracy rate is above 60%!!! , we should talk about adopting an ABC not BTC.
You are absolutely right mate, blockchain technology and the adoption of cryptocurrencies should be tried and tested by the developed world before it goes massively to developing and under developed countries. Most of them are likely to abuse the system, get scammed numerous times and later scream on top of their lungs about the failing of this technology when they are definitely the root cause. Let's not forget this saying, Lack of knowledge my people perish. With illiteracy rate hovering over 60% how sure are we that some of these folks are going to comprehend all the intricacies of cryptocurrencies.
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So even after pump price seems to be 0.002$ and just checked icobench 0.0650 USD is their ico price and they allegedly raised around 60m $.
If a project dropped 1/30 after ico, i can easily say it is a shitcoin and for people who read and may want to buy make your dyor, it is a risky project and positive posts are just shilling. By the way with 60m $(again if it is true), i think they can find better exchanges than trade.io and digifinex.
It's so pathetic how ICOs turn out to be at the end of all the hype and shill that comes along with it. WPP project had a great vision and a good use case too but i guess the team is not being transparent with the funds raised. Also, after waiting for a very long time and not seeing any solid developments from this project i thought it was advisable to sell off my holdings to cut my loss.
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Putting up ATMs would rather increase the awareness about cryptocurrencies but what is really important is for marketplaces, online shops to integrate into their payment system to accept Bitcoin. I don't really know how this Bitcoin ATM in Vietnam is working but i guess people's information would be needed to complete a transaction, hence i would always stick to peer to peer platforms!
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Trading is not for newbies mate, stay off that dangerous road. Take your time, get to know more about this industry, market trends and look out for some blockchain projects with good use case and working products too. Do these before you venture into trading or else you are likely to lose your money at this stage.
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Accessing your wallet on any public network is very dangerous and can prone you to so many security breaches. Someone can copy your log in details with keyloggers, even with the use of some spywares they can copy and get every bit of details of your account.
You always have an option mate, if you really value your hard earned funds then you will go the length and breadth just to keep it safe. Hence i got myself an Ellipal Titan Wallet. It's soo cool and secure too.
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Note: Some of these factors doesn't apply to every single cryptocurrency out there, especially the "secure" part. Sure it applies with bitcoin, but definitely not with every single one. Especially with the lesser known projects, I'm going to bet that if developers tried to inspect the code of those projects, chances are, there's going to be vulnerabilities(ranging from mild to sort of the more 'deadly' vulnerabilities"). It'd be more accurate if you named this "Why bitcoin is better than fiat currency?"
You are absolutely right mate, not every feature of cryptocurrency can be attributed the all the cryptocurrencies that have popped up in the crypto industry. I know a whole bunch of them whose blockchain though described as immutable has been hacked before. It's best to place our trust in Bitcoin since is the only that has stood the test of time if you ask me. It's current difficulty also make it absolutely impossible for it to be hacked.
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If you are using a computer to keep a record of all the private keys of your coins then make sure to encrypt the text file with notepad++ and nppcrypt which will add one layer of protection. Then you can even archive the file with another password and remove the extension of the file. Also, make sure to make multiple copies of the file in different secondary storage devices.
Thanks for this enlightment, i would make the necessary research about this and see how i can stay off the hook from these hackers. I also encourage we having separate computers that we make some transactions on. For instance ever since i got hacked, i have moved my private keys from my online pc and have got a new one where i save them. Also i use this new one to send funds and nothing else in crypto activities.
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When it come to Dcoin they only care about their revenue they dont care about their investors. Dcoin always list coins and token unofficially for free when the token or coin is getting allot of trading volume. they will delist it when the token is not getting more volume. So for me dont trust Dcoin when its come to token listing.. U better do more research about the project before investing into them.. Dcoin listed HBRS for free for investor to invest into it and later delist them.
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CZ is Chinese guys and the fact that the heard quarter is not in China does not mean is not a Chinese exchange. The company was founded in China and moved to Taiwan because of judicial law in China. Ask your self why Chinese government are involving CZ in their National digital currency. You have a point but i still classify Binance as Chinese Exchange.
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It think you might got your tittle wrong but in my there is no way national currency can not be spend in that national . when a country is facing financial crisis not mean their currency useless , country like Zimbabwe and Venezuela is using their national currency but when inflation happen, that country always depends on foreign currencies. and bitcoin is global currency which makes it easy to transfer and secured. so it good for you to keep bitcoin when u are living in such country just to make it easy for you do international transaction like buying product online because Most bank in this country dont have enough foreign currency for such transactions .. In country Ghana most people use to investor their money into USD but our national currency has real value too.
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No body can compare Libra to bitcoin. Bitcoin has already build its reputation of trust . But yet Libra has not to prove it self or nothing to compete with bitcoin.. But Libra can help cryptocurrency market to attract more investor into the space.
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Most IEO turn out to be scammed because new exchanges only care about making revenue without thinking of investors and their reputation.. Most exchange has tarnished their image for listing scammed project.. When its come to IEO big exchange like Binance they always think about their reputation too. so investor have be careful to choose trusted exchange when it come to IEO.
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Without investors no project will never survive but most at times cryptocurrency project managers wants investors to invest their money in their project without giving them Solid project. Most project are failing because right now they don't get investor to come and invest into the project. ICO & IEO project only focus on investor money without thinking of how investors get their money back ..
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I have going through the wallet and its seems to have easy and nice interface . but looking forward for you guys to add more feature and always add more currency on there platform so investor who will trade on the platform will no longer need multiply wallet for their asset..
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This is smart move but Open-Libra sounds interesting but i will not be surprise if we wake up one day to see announcement that Libra will no longer continue so open-Libra has over it. But question what is the usecase of this persmission-less stable coin because Libra stated their use-case for the Libra. I believe Facebook And It Libra Partners want to use this strategy for people to see how Libra blockchain may work.
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The True Is when its come project like a lot of patient is need because right now there a lot of competition in the crypto space. i think Vitalik and his guys will come out with something great no matter the set back. Until they give up them self i still believe in Ethereum 2.0 and look forward to see that live..
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I am not running ATM business now but have doing some search about it on how we can start this bitcoin ATM Machine. I spoke with some expert and he recommended me to go for legal advice first and the least cost to get 1 Machine was $6000. I am still working out to get details by 2020 i might install my first bitcoin ATM machine too .
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