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Will this help Crypto world? A country launching its own digital currency will basically be controlled by the goverment. So, where is the financial freedom?
Bitcoin is not controlled by anyone and that is the main reason for its popularity. I donot think this will be an encouraging news for the market.
I am not sure but have been hearing that India is also planning to launch its own cypto and mostly this will happen in 2019 after the elections. I do not have any concrete evidence or post regarding this news.
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Google is an internet giant. Cryptos are Internet based currency. Google's decision earlier on to ban did affect the market, but the impact was very low. as Google and facebook were only considered for marketing stratergy.
They are not influencers but are now getting influenced with the popularity of Cryptos.
This news can be considered as another way to create FOMO in the market.
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Yes, there is a massive change in the perception of people about Bitcoin. People have now been able to distinguish between the real news and fake news abput Bitcoin. It is more evident with price of Bitcoin being stable. The occasional dumping is till there, but that has reduced to a large extent. This shows that people now have more knowledge about Bitcoin that what they had earlier this year.
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Bitcoin soon after its introduction in 2008 became the only decentralized, transparent, fast and non-repudiable protocol. Bitcoin in no time underwent a significant growth by provoking a certain kind of hysteria in the investors and speculators to earn great profits. As the popularity of cryptocurrency rises, many countries like China started imposing strict restrictions in September, 2017 by calling it a ‘fraudulent practice’. Social media platforms like facebook, twitter and Google joined hands and banned all types of cryptocurrency ads. Since then, the value of bitcoin fell by large margins. As a result, many lost their confidence and interest in the market.
But by far, Bitcoin has lived in a “space of unknown” to the general public with less crypto-educated people. Once that changes, bitcoin will once again see the paradigm shift to find its stable place in the market.
The question of whether bitcoin will ever hit 20k again has turned around the minds of all sleepless investors who entered the market of cryptocurrency in 2017.
I believe that Bitcoin has a lot of potential in surpassing the past records if the concept of cryptocurrencies reaches its true potential and is adopted worldwide.
Let me know your thoughts? Do you think Cryptocurrency is past its heyday and no longer going to revisit or surpass its past glory days?
$20k and more you can surely expect from Bitcoin, It's just a matter of when? I am sure everyone in this forum will agree that the time is not faroff. |
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Most of the ponzi schemes are pyramid based. Strict action should be taken by the goverment to stop these pyramid schemes.
People should be educated that these schemes are not, Bitcoin or cryptocurrency. Such scams are giving Bad name to Bitcoin. The same thing is happening in my country too and the goverment has started taking strict action against those scammers.
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The best age group to market Bitcoin will be 18-30. They are risktakers, dreamers and wanna be rich. They easily adapt to new technology and are also fast learner. My suggestion to you, will be to target the above age group.
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.... nor I want to speculate.
when you are talking about what price is the possible price for bitcoin then you are speculating! October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
this has little to do with bitcoin. this trend or better said "cycle" of pump and dump happens among altcoins every now and then. usually every summer we have something like this when there is a lot of altcoin pumps which eventually get dumped on their newbie bag holders. As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
that doesn't sound like a logical move from a normal person to me. you are saying a person who has held for 10+ months from $20000 down to $5800 is going to sell if price goes to $9000! let me ask you this: why did this person hold for this long? why didn't he sell the first time price recovered to $9900 after dropping to near $6k? why didn't he sell the second time price fell to $6k and recovered to $8-9k? why not the third? what makes this time any different for this particular type of person? Most of them were hoping that the price might again touch $20k after a little nit of correction. Ultimately this never happened in last 10 month. Now as soon as the price goes to the level of 9k$, they will sell Bitcoin to cover their losses, which again I doubt will happen this year. |
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if you say so, you think that will never be a bull run like the past bull run in the future...
well, i'm pretty sure that there will be an other great bull run, but not before 2020..
Yes I also agree with you until 2020, I do not think there will another Bull run like 2017. |
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It would be great if you try and read the posting rules. This post is not related to Bitcoin.
I do not know why the heck you want to post Bounty related info on Bitcoin topic related forum. You might get banned for doing so.
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I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
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Don't you think this can be treated as a FUD in order to create panic in the Market. Is there any proper evidence available to confirm that the Spychip will affect the Bitcoin market.
Until then it is better not to discuss such News. These are my thoughts about the News.
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It would be highly appreciated if you could do a Google seach before posting on this forum As such information are available on Google.
If you had only typed on Google search "Bitcoin ATM IN PORTUGAL" . The first link gives you the answere
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I have worked myself out in past years searching for how to make money on the internet, I've bought e-books, registered on website that requires you to pay some amount of money before you can start using their platform. But all these turn out to be a total waste of time and resources, because all the money made from these platforms I was never able to withdraw them, because PayPal will never accept my country. Everyday I pray for miracle to happen that will make PayPal to accept my country. But paypal never did! And I never gave up.
I am sorry to hear, that you had faced so many issues, trying to make money using Internet. But, you should have done some reseach using Google and you could have found thousands of ways to make money on the Internet. Through your post my understanding was that there is only one payment processor that you are aware of and that was Paypal. There are tons that work in Nigeria. For example PayU, Western Union, Payoneer and etc Most of the Internet earning based companies do offer these option apart from Paypal. Not until the birth of Blockchain/Crypto! PayPal is scared of Crypto, it CEO and all other financial institutions both offline and online will try every means to label Crypto a scam and illegal, But the fact is that, Crypto is here to stay, Crypto is a game changer, it an eye opener, I can do whatever I want to do online now with help of blockchain without thinking twice!
Everyone who has been into Cryptos knows that it here to stay and is disrupting the way financial giants were working. This is a known fact. I still did not understand what you meant in this post? |
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Yahoo Global is still a big name in the Internet Industry. Yes, this will not affect the market, but this might start a new era of legalization of Cryptos and making it more appealing to the masses.
Surely, many people will be interested in entering Cryptos if they here names of Big Internet Companies like Yahoo.
Untill they have a working exchange. Lets wait and watch.
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This post sounds more like a Blame game on Bitcoin. That what I dislike most about this post.
Your personal failure, has to be owned by you. STOP BLAMING BITCOIN!!!
No one forced you to join the Cryptocurrency trend. You with you Greed of becoming a Millionare are responsible for your own Failure.
Learn and then Invest. This is not a quick rich scheme nor anyone can predict the market trend.
Its is good, that you have realised what a fool you are and best option is to HODL till the Bull market returns.
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As far as I know medium doesnt allow articles about cryptocurrencies anymore? My account was banned back in April until I removed all of my cryptocurrencies related posts.
No, I do not think so. I have a medium based Cryptocurrency blog. Where I have more than five articles and few subscribers, It is active and I do recieve emails from mediuk about new post on Cryptocurrency and Blockchain. I do not think that was the reason your blog was stopped. Send an email to Medium support they will be able to help you. |
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