I guess the reason why bitcoin has a stable price is because miners are mining sometimes or even stop mining at all. The supply of coins freeze and the price would definitely freeze to. Correct me if im wrong but i really believe mining and the price are linked. If one stop moving then the other one will follow.
On the contrary, reduction of bitcoin mining should increase the price. The supply decreases and the price increases accordingly. In fact, stopping mining doesn't have much impact on the price. Only human psychology affects the price. |
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The stability of Bitcoin's price leads the investor's attention to other things. In other words, if Bitcoin will be stable, it will be impossible to get big winnings as before. Personally, i never wanted it to be.
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This is not possible. The psychology of people has been set up for profit, and psychology doesn't work when it comes to losing everything. If you just look at Bitcoin as an investment, there is no escape from the loss.
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It takes a lot of time to apply cryptocurrency. There must be another plan until its time has come. Perhaps there will not be economic crisis, if governments don't cheat in economy. Crypto may be good for trick, but we don't have enough time and need reform.
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It is possible to do this in Forex, I have done scalping in the past. But I have never tried in the crypto, so it doesn't look like a lot profitable. Because isn't easy to estimate direction. Prices don't move slowly, accordingly it is more likely to lose.
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In the past few days I've seen the price of ethereum fluctuating as a new entrant in this field. What should I do to buy or sell out need advice from a specialist or switch from eth to eos for investment I see The eos is growing ever since it overcame eth in the future
Tokens are smart contracts on the Ethereum blockchain. If the price of Ethereum goes below $ 150, then there is a great danger to the thousands of tokens which are based on it. Maybe we're going to watch all the tokens go down with the fall of Ethereum. |
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Easy to down and also easy to up  Influencing small volume tokens price is possible. As a matter of fact, it is possible to influence the price of everything, but it changes according to the money that can influence it. IMO one of them is Bitcoin, which is needed big money to influence its price. |
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Just buying and selling affects the Bitcoin's price. In cryptocurrency, such as paper money, it isn't possible to influence to the price, or reduce or increase the supply. Perhaps we will see bigger numbers in the future, but the only reason for this would be the trade.
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You should always diversify your investments. You shouldn't just invest the money to the cryptocurrency, you need to divide money between the other trading sector. So, the more division of the portfolio means less risk.
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Because in my opinion it's natural human nature, the natural nature of it is "greedy".
Greedy nature is very difficult to avoid because I also sometimes feel greedy when I trade Bitcoin.
Yes, it is possible to relate it to greed. The more sense of gaining compels him not to sell it and the result often ends up being sold at a cheaper price. But, we are all here for earning and in crypto the end point is often unknown. |
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
The price of a token you see in coinmarketcap, it isn't the price you see with the USD, its price with Bitcoin. So you can't get 95% of altcoins directly with USD. First you should get Bitcoin, then get what you want with it. Accordingly, the price is directly affected. |
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What is your opinion on the current market? Good day coming soon For traders because of major coins are in oversold position. Just need some good news. It's time to buy Ethereum, Bitcoin and others coin
It will be fine, but I don't know when. Now, all you should do is hold. If you have savings, you can use as much as you can afford to lose to buy Bitcoin. If you pay attention, the best self-protection coin in the market is BTC. |
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You think being wealthy is luck, lmfao..
I'm not even that wealthy and it's just luck that I have made all of my income from, it's just luck that I choose to spend my money on things that hold value, it's just luck that I haven't pissed my money away paying interest on loans and buying things to throw away..
I believe in equality of opportunity, not equality of outcome..
The only way to be "lucky rich" is to inherit from the father. Otherwise, you should strive on to become rich yourself. In Capitalism, there is no such thing as "everybody must be rich." The richness of people is his own ability. Most people are rich because of the poor life of the past. So, people should not sit down, and wait as a poor. I'm not saying we can't help, let's help. But if you don't have a skill, you will always be poor. |
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yes, there's so much fake ICOs now and its hard to determine which is which, nowadays if an ICO is not a scam its a failure and waste of time. its hard to find good and trustworthy ICOs now, new investors are hesitating to join and invest in a ICO now, they are scared of being scammed.
Instead of canceling ICOs, it would be better to create a new institution which test the newly created projects and give them a document about whether they are reputable or not. Because there are projects that may be useful for the history of mankind. |
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As I have seen lately, Bitcoin is the digital currency which doesn't lose more value. Yep, altcoins depend on BTC, but they have been losing their own value, not against BTC. Maybe we should believe Bitcoin.
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Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.
I think they should be less in the market. It's better for who expect a lower price. Also more believers to Bitcoin will help sturdy increase the future price. Just stay calm and wait for the price change. |
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If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I think, not everyone will enter the cryptocurrency world because there are still many people who do not understand about bitcoin itself. It could be that digital currencies are used to buy goods from other countries if the digital currency is legal in all countries. But to achieve this, there needs to be a digital currency monitoring department so that there will be no inflation Older people may experience some difficulty in understanding the Bitcoin. In my opinion, when paper money was created for the first time, it had taken time. Just we need acceptance by governments. Then we will have a better economy. |
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I think, bitcoin has a big influence on the market, so if the price of bitcoin rises, there are many other crypto that prices rise too, because many crypto have prices based on the price of bitcoin
One thing is well known to all of us that Bitcoin is the base currency and we know that other crypto coins have same nature as of Bitcoin so this spread the same perception. When the Bitcoin price falls then people think the same about other crypto coins that is why it has affect on other crypto coins as well, when it increases in price other coins also start to increase in value. Bitcoin's dominance is over 50% in market. It's mean all altcoins are based on Bitcoin. And, surely, the decreasing of the price of Bitcoin causes people to panic and all prices move down. |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
I think the more choices, the better. Because everyone can find the appropriate exchange according to their own criteria. But nowadays we need decentralized exchanges, so there is plenty of centralized exchanges. Yep, there also has decentralized exchanges, but personally whenever i need them, i have feel of fear. |
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In my opinion we need to wait SEC's decision. Nowadays this decision can affect cryptocurrency market. Accordingly, price of Bitcoin isn't more volatile. Otherwise the price had gone down to the dip until now.
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