I sold some of my ripple before the correction yesterday, but I'm still holding on to most of it. Despite the correction, the price has increased significantly and I think the price will be pumped again some time in the near future. But I don't believe in ripple long term, so I will be selling it all when the right moment comes.
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I'm thinking $2K might be a stretch, but the upcoming fork is definitely having a positive impact on the price of ethereum. If the price can manage to push past the resistance point around $1K, I'm thinking sudden increases are definitely not out of the question.
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Hello Blockeye, I sent you 2 private messages, but couldn't get any response. So I am writing here.
Can you change my wallet adress in the signature campaign spreadsheet?
name: meer45 (line 65) new adress: 0xe372641463C6122a16356a788c2d020A27D51954
Thanks.
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This is the first time I'm seeing the famous lightning network in action. I can't wait for it to be deployed soon, it's going to address a lot of the problems that we have right now with bitcoin. With its implementation, we may finally see scenarios like McDonalds accepting bitcoin becoming a reality and not a fantasy.
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I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.
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Of course, such plunges were always a part of bitcoin. But I think people panicked this time around due to 2 reasons:
1) There wasn't this much interest in bitcoin before, so more people had invested their money in bitcoin, which led to a broader panic.
2) Although the decrease in percentages was the same, since the price was so high this time around, the decrease in absolute numbers was huge in comparison to previous drops, so people panicked.
But it's all part of the game. I'm sure bitcoin's price will eventually pick back up.
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I mean, just because cryptocurrencies are being used by bad people doesn't mean that they are worthless or should be abandoned. Additional regulations may help tackle these issues, but labeling cryptocurrencies dangerous just because they are being used for other purposes than intented is nothing more than fear mongering in my opinion.
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This is an interesting statement and I feel like we are running in circles about this issue. Some big bankers continue to insist that cryptocurrencies are like Ponzi schemes, but their explanation afterwards just makes no sense at all. I wish we could move past this stage and start talking about how the crypto environment could be regulated.
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Recently, I've read a lot of news about university students in Korea gathering after school to talk about cryptocurrencies and investing in them. I think the government is concerned that this might get out of hand, so they are not ruling out the shutdown of exchanges, but they want to have that option just in case. So I think this statement is not necessarily negative.
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People keep talking about how the lightning network will solve all of these problems, but I'm doubtful. No one can reliably say when the lightning network will be implemented, and I'm not keeping my hopes up that this problem will be solved soon. I hate to say it, but I've come to accept it as a fact.
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Was 2017 not already the year of the cryptocurrency craze? I mean if 2017 was not that year but 2018, I can't imagine how crazy the mass media and governments will go, since the increase in 2017 has already triggered them so hard.
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i cannot see how bitcoin can be regulated. i think its impossible to prevent people from buying into it. they may look to collect tax revenue from people liquidating crypto into fiat but im not sure how that can be done because of the unregulated nature of crypto.
Regulating bitcoin directly may be very difficult, but you don't necessarily have to trace it directly. If you start keeping track of money coming from off of the grid, chances are, you will be able to identify the money coming off of cryptos. So regulating bitcoin should definitely be possible.
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I think such big groups are not helpful since there are so many people talking at the same time it is both impossible to keep track of what's going on and also to make meaningful contributions. As such, I would prefer to have groups with max 10 participants, but I haven't stumbled on such groups so far.
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I think they have laid off after the recent dump, I haven't encountered a lot of crypto news in the mass media in the recent days. During the massive pump towards $20K, news outlets were reporting on crypto just like they would report on the dollar, euro etc. It was getting a little crazy for me to be honest, so it's good that cryptos are out of the spotlight for now.
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This is not necessarily bad news, no? Although it will definitely be a hassle for legacy customers to go through the verification process, if it eventually leads to lower risks and a better trading experience all around, I think people should be OK with this.
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I think starting with the new year the price will start to go up again. The correction during the second half of December combined with the tendency of people to pull money out of cryptos as the holiday season approaches created some uncertainty which led to the price decrease, but I believe the price will recover.
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Come to think of it, this question may be a legitimate job interview question to understand how up to date the candidate is with the recent economic developments, whether they are following the new technology, etc. Of course, one simple "yes" or "no" answer will not make you decide, but the responses you obtain will definitely be valuable.
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I don't understand how it can be, because as far as I have seen, Ethereum is somehow related to Bitcoin. If Bitcoin increases Ethereum also, and the other way round.
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I am trying to stay optimistic about 2018. But there is a part of me who asks why it dropped? Who exactly made it drop? And what will change to make the price increase again?
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I would suggest Adbank. You can find the details from my signature.
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