because that is the easiest way to lure newbies into bitcoincash from bitcoin. Because if the newbies manage to invest there, bitcoin will be safe and they will play with the junk coin. Games for newbies not to have bitcoins
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actually this is easy to analyze. Smua altcoin I believe the encryption protection is strong because it is also formed from the algorithm. But if we want to go deeper, the theft happens in exchange or in a personal wallet. If it happens in exchange it means you've summed up your own answer
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Sign here if you will also agree to boycott all bounty campaigns that do not pay in BTC or ETH.
all you need to remember is that they create their own tokens instead of recreating BTC or ETH. So why boycott the ICO who does not want to pay using BTC or ETH. I think you should also see the side as a coin developers before saying that. Do not just pay attention to bounty if you just become a small dumper.
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We have been looking for answers on why the Bitcoin price is falling, because we want someone to blame. We have seen the price going down from $19 000+ to $6500 and everyone is looking for the big reason to explain this. We blamed the governments for regulations and we blame BCash supporters for selling us out and we have been blaming the Mt Gox guy for dumping the coins on the exchanges, but we have not looked at ourselves. Did we forget that the price of Bitcoin is based on Supply and Demand and that we have to work hard to grow the demand? There are constantly coins being added from the mining side, but the demand side is not keeping up. Why? Yes, the price increase to $19 000 was spurred on by speculative greed, but we should have grown faster to sustain that progress. I think everyone of us is to blame, because we should work harder to, : ~ Approach local merchants to ask if they would accept Bitcoin. ~ Ask Merchants to install a Bitcoin ATM in your area. ~ Stop hoarding all our coins and start to buy from the merchants that does accept Bitcoin. <Or they will stop doing this> ~ Start using the Lightning Network to fast track the implementation. ~ Get SegWit addresses ~ Help people to invest in Bitcoin. <Open that wallet and give them some Satoshi to play with. Let's stop blaming others and start working harder to grow the demand, then we will reap the rewards. the decline of bitcoin is influenced by supply and demand are not balanced, so like there is an imbalance in the price. But the real factor is the greed of any trader who triggers the market to be random, this will make it difficult for other traders to make decisions in the market. We all must have a greedy nature in us, but trying to change it still has time. Bitcoin requires our efforts to exist and to be useful. Then hoarding bitcoin is not a bad thing if it is within reasonable limits.
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that's why many ico projects are listed on ico rating sites like icobench, and others. Because they are paying for the rating made, so it's not what it really is. Yes there may be some really good, but not good enough too many in number. I am more able to trust ico rating that really gives the rating as it happens and also voluntarily, because I think it is more honest.
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one of the factors that keeps you from panicking is that you have long-term goals and you have enough basic knowledge of what's going on right now, I think these market patterns will keep repeating but with different amounts of par. Holding tokens is a wise choice for those who are familiar with the current market situation
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
sometimes it takes a long time to raise the price of the token, because at the beginning of the distribution there will be many dumper, then we have to wait where the price of balance to transact so as not too disappointed with the price.
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Bitcoin eased further on Wednesday following its initial drop after the weekend announcement that South Korean cryptocurrency exchange had been hacked.
Other major cryptocurrencies also weakened markedly.
Bitcoin traded as low as $6,455.91 early on Wednesday Asia time, its lowest level since April. Bitcoin pared some of those losses to trade around $6,581.88 by 3:15 p.m. HK/SIN, according to CoinDesk.
Bitcoin had fallen around 10 percent over the weekend following news that South Korean exchange Coinrail had been hacked, with a number of lesser-known cryptocurrencies such as Pundi X counting among those affected. Bitcoin, however, was not mentioned by the exchange in its statements, according to Google translate.
The continued downward move was unlikely a result of last week's hack, which saw a limited level of damage caused, said Mati Greenspan, senior market analyst at eToro.
"The narrative that such a small hack caused such a large price reaction has definitely been overplayed," he said, adding that bitcoin's drop on Sunday was caused by a technical correction.
Over the last 24 hours, Bitcoin has seen a dip of around 4 percent, according to CoinMarketCap. So far in 2018, the cryptocurrency is down more than 50 percent.
Chart analysts have indicated that bitcoin's move below the $7,000 mark suggested a speedy recovery was unlikely.
As for other crypto assets, the last day has proven challenging.
Ethereum, the second-largest cryptocurrency by market capitalization, was down almost 7 percent in the last 24 hours, CoinMarketCap data showed. Ethereum stood at $496.47 at 3:15 p.m. HK/SIN, according to CoinDesk.
Ripple was lower by nearly 6 percent in the last 24 hours, according to CoinMarketCap. It traded at 56 cents at 3:15 p.m. HK/SIN.
the hacking news of the exchanger always has a tremendous impact on bitcoin prices, so it can be concluded that the hacker exchanger is just a game for bitcoin prices to be played. In my opinion like that. We wait for the next news
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that's good, meaning bitcoin is useful and usable. I still hope all countries are doing the same thing as Slovenia does.
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Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?
I think there is no real money, just the same. With bitcoin we can still buy something, still can trade bitcoin with cross currency fiat.
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I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
it's possible they think doing 2 jobs at once will be heavier and time consuming, so they choose one, between real work or work in the world of cryptocurrency. Quite reasonable in my opinion.
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. good news, as it will be easier access bitcoin in korea. The most important is the ease of access first, rather than having to argue about being recognized as an asset or currency. I think if the bitcoin population is complete then it will be the currency
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What about bounty program when the end we must KYC and we send many eth to get paid from bounty program..i look BETEX..for get token bounty program we must kyc and send eth to developer..how about it
in my opinion for bounty participants do not need to use KYC, it is too troublesome and risky because it relates to identity. It could be that identity is misused. Furthermore if they think KYC is a way to reduce fake accounts it is wrong thinking, lots of technology to filter fake accounts without using KYC.
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The head of Binance’s recently-launched $1 billion venture fund says that the company believes the initial coin offering (ICO) market is in a bubble and is hoping that it will pop soon for the health of the wider blockchain industry. Ella Zhang, whose official title is Head of Binance Labs, told Bloomberg that while the bull market — at least as far as ICOs are concerned — helps attract more interest, it also results in unreasonable valuations. “We’d like the bubble to break,” said Zhang, who formally joined Binance in May. “We still see a lot of hype in the market, valuations are high and unreasonable. We really think if the bubble bursts, it’s a good thing for the industry.” As CCN reported, ICOs have already raised more money — at least $9 billion — in 2018 than all of 2017, even as regulators have ramped up their scrutiny of this booming industry and consumer interest in cryptocurrency has declined considerably. EOS creator Block.one raised more than $4 billion in a crowdsale that concluded last week, while chat app Telegram raised $1.7 billion in a private sale that was restricted to fewer than 200 investors. Zhang’s comments are notable, particularly given the fact that Binance itself held an ICO last year. More recently, Binance CEO Changpeng Zhao authored a blog post in which he argued that an ICO is a vastly more effective way to raise capital versus traditional venture fundraising. Despite concerns over an ICO bubble, Zhang revealed that Binance Labs has already made direct investments in four projects and said that the firm has no qualms about investing directly in both company equity and crypto tokens. Zhang said that Binance, which operates what is currently the world’s highest volume cryptocurrency exchange, plans to develop a new program — called “Community Governance Initiatives” (CGI) — to help the company weed out and delist scams and other projects that do not live up to their promises. “The main purpose of this is to fight scams and sh-t coins, and to boost crypto and blockchain technology,” she explained. Reference: https://www.ccn.com/were-waiting-for-ico-bubble-to-pop-head-of-binances-1-billion-vc-fund/Hey guys i need your comment regarding this topic? I agree with that, there must be a balance if you want to keep the ICO. So there is a natural selection between a really good ICO coin and a scam ICO coin. Because too many unimportant coins are scattered whichever is, their goal is simply to take unilateral advantage.
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I noticed this phenomenon. Often someone buys up all the proposed tokens with a small amount of trading (for example, look at SMT on hitbtc this night), and after a few days these tokens go up in price very much. Is it worth buying such a token?
of course, but there is still a risk that you must be prepared to face. However, these risks can be minimized by noting that the tokens you buy are growing crowded, so there is a great interest that will drive the price and the token volume high.
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panic is usually owned by a new person. They do not yet have enough knowledge to plunge into the world of cryptocurrency. What they should learn is how cryptocurrency differs greatly from the fiat money system. I think the panic seller will disappear by itself.
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Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam? Thank!
there are many factors that affect it. Try to think positively, then observe whether the group remains crowded or lonely. Good projects do take a really good time before they're ready to release.
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Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types. What is the effect of increasing the amount of altcoin on bitcoin?
I think its influence is not very significant, except some altcoins that do have new innovations like ETH. Because I see 85% of the existing altcoin is just as a complement. Then the rest is the one that has an effect on the progress of bitcoin.
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Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
inflation is influenced by many factors, we can not accuse cryptocurrency of causing inflation in a country. Because of the economic gap factor is also very influential against inflation, then the increase in the price of goods will also affect. According to which I conclude the greatest fear of any number of states would be cryptocurrency is how to control the circulation quantity of cryptcurrency. That is the real strong reason in my opinion.
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