So, I think that regardless of this meeting, there are already discussions in the community and among miners about the best way to mine the BTC without impacting the environment. The price of BTC can be impacted at any time, if there is this warning that on the 21st there will be this discussion, maybe people are waiting for what will be resolved and agreed between the parties for BTC mining and thus attract more buyers causing the price climb. I think drop won't go anymore just because the community is already aware of the BTC situation. And there probably won't be an increase specifically because of this meeting, unless something big happens.
yes you are right, there will be no big impact unless something happens at this meeting. we'll see what Elon has to say about btc mining later. if he provides a good solution, it's possible that people will buy btc after the meeting. |
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cryptocurrency price movements should not be affected by the bad news that is happening in China because if traders and investors are aware that bitcoin has price movements controlled by its owners, bitcoin owners can agree to stay calm and not panic and not sell bitcoin assets at low prices then it is certain that the price of bitcoin will not be affected and still have a high price.
now CHina has less power in cryptocurrency market after they crackdown miner and its moved abroad. with decentralized miner in around the world, now China only could fud by issuing negative policy. SO far cryptocurrency market have strong from billionare from any countries which is make statement added bitcoin as their investment assts. soon or later China will not be super power country in cryptocurrency market. Yes you are right, China's influence has started to fade. Since they issued a policy to ban all activities related to crypto, China has no influence on the market. now they can only be spectators who can only spread FUD. we don't need that country after all, because without China the crypto market remains strong. |
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the crypto market was able to develop to this extent, all because of bitcoin. then if bitcoin crashes, there is no hope for altcoins. there will never be a time when altcoins are better off when bitcoin is down. bitcoin is a major draw for the market, so if bitcoin is in trouble it will have an impact on altcoins as a whole. maybe even bigger impact.
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if it's for online transactions, yes. I will use bitcoin or other crypto coins if possible. since these few years I've been less dependent on paypal for online payment matters. I prefer to use crypto if that place accepts it. I've been disappointed with centralized services like paypal or others. I can't be free to manage funds and I'm also worried if at any time I'm banned for no apparent reason. that's why I use crypto as much as possible, because I believe more.
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very difficult, unless people ignore influencers. if they still follow and even believe in the words of influencers there will be no way to prevent their influence. there will be no immune system for the crypto market, all will keep repeating itself. and the market will continue to be manipulated. in the future there will always be another Elon musk looking to manipulate the crypto market.
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If you think the market is recovering, then now is a good time to buy. remember this applies if you are very sure about the market situation. but when in doubt, better stay quiet and don't buy anything. it will only make you regret if later it doesn't go according to predictions.
but i suggest better not to buy at this time. look at the market in a few weeks. if the situation is still the same as it is today then buy it.
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Will you buy BNB now or just wait and see because market still looking not too good?
I bought it yesterday. I'm sure the burn this time will make the price of the bnb go up again. and why wait for a better market, if we believe even bnb will go up. buy now is a very right choice. |
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Next countries adopting bitcoin as legal tender have not any coronavirus cases:
1) Kiribati (Population= 120k)
2) Nauru (Population= 11k)
3) Palau (Population= 18k)
4) Tonga (Population= 106k)
5) Turkmenistan (Population= 6 million)
6) Tuvalu (Population= 11k)
Just a prediction. What do you think?
-remotemass
what is the correlation of corona with bitcoin legalized?. I don't understand this, the two things are not even directly related. I think what you are saying is baseless. Is it because these countries are not busy with corona cases, they can make regulations for bitcoin to be legalized? |
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Of course it's worth it, because there are many good coins besides bitcoin. Altcoins like ethereum, bnb, cardano, polkadot and other big coins are good investments besides btc. when btc goes up, the altcoins that I mentioned earlier also increase. so it would be a worthy investment besides bitcoin.
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no, moreno is probably one of the best privacy coins. but these coins are not a good investment. Privacy coins are getting special attention from the government due to the issue of money laundering and other illegal activities. if the government wants it can be removed from the market. and it will be very detrimental if you hold it too long.
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I don't think so, because the purpose of his mining is to make money. he also needs funds for maintenance costs or to pay for electricity and internet. and I'm sure it all comes from bitcoin mining. so it's impossible for a miner to still hold his first btc until now. because they already sold it.
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I have tried to find a similar topic and wondering how this news was missed in the forum. 650 US banks will open Bitcoin purchases, I think it's not a small adaption if it happens really. Most probably that service will be provided by NCR banks, users will be able to purchase Bitcoin through NCR’s 800,000 ATMs as well. But surprisingly I notice Bitcoin's price drop after this news (Lol). However, I think this step will make it easier to trade Bitcoin for US citizens. Please read the news source for more details: $6 Billion NCR Opens Bitcoin Purchases To 650 Banks And Credit Unionsyes you are right, this step will make it easier for US citizens to buy bitcoins legally. As for the recent decline, I think the impact of the negative news about China's ban is still there. that's why the price of btc has decreased. but apart from that, I see the market is doing better than last month. |
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Doge was $0.24 after his tweet just jump to $0.25. He must be expecting still a big pump. He is losing it all. People once liked him supporting the adoption but after playing around, his influence slowly deteriorates, whatever he will tweet will just be ignored even if it's going to be the most supportive tweet, people may not care soon. Can't even say something that is worth retweeting about dogecoin.
no, he still has influence. although what he said about crypto mining yesterday was bad. but look today, he was able to get the price of doge moving again just hours after he tweeted about doge. Elon Musk influence is still quite large in the crypto market. so be careful. you may not notice him, but there are still many of his followers who believe what he says. |
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I think they've done it all. maybe it's just a ban for its citizens not to hold crypto. if this happens, china has absolutely no influence for the crypto market and i am very happy with this. better like this than just causing sustainable FUD in the future. without China the crypto market can still survive.
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Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.
I don't think it will be banned. but if in the future it happens the impact will be very big. maybe bigger than it is now. America is one of the potential markets for crypto, and if there is a ban there the market will crash immediately. |
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My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
when the whole world accepted bitcoin completely as a decentralized currency. that's when bitcoin has reached the highest level of success. When do a long term project becomes successful?
to be successful, first the project needs users and their platforms already adopted. this is essential to achieve success. |
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Seems like these two might have a plan for Bitcoins future. What direction are they taking? Can their power combined control the sway of Bitcoins future?
are you sure they're thinking about the future of bitcoin. I personally see they are trying to start a plan to pump up the market again. I'm sure Elon has other pump plans to do in July. once the market situation has started to recover, he may want to double his profits. yesterday I saw him start tweeting about crypto again. |
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what about escrow, isn't this method enough to ensure the reward of the bounty participants is paid. There must be a third party overseeing this, the project team must send the campaign rewards to the escrow before the campaign starts. and after the campaign ends, escrow sends it to the prize manager or directly to the bounty participants. but the problem is the difficulty of finding parties or people who have the competence to become escrow and have a guarantee not to commit fraud.
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I believe it will be achieved, given the current excellent situation of ethereum. the end of the year the predictions will come true. but on the grounds that the bull market run will continue into the next year. if not, let alone going up to stay at the price of $3000 is very difficult.
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This guy is insane, he will going to control the crypto industry by going to fund and making hype one's coin project specially doge, I'm not against doge but we all knew that there is no concrete evidence that doge is a good project, here's a lot of potential project today in the market, but Musk shows that he has a power and money to control everything he wants to control to get gain.
doge was just a joke to him. but other people perceive it differently. he only focused on bitcoin. just look at how much profit he gets from selling some of the btc he has. Her perfect strategy makes people think she supports Doge, but she uses the money to buy bitcoins on the market. doge rose because his followers believed, what he said. I doubt if he buys Doge as large as he buys bitcoins. |
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