Valar Morghulis, as they say it in High Valyrian. all shitcoins must die.
when they get pumped, they must also be dumped. traders aren't just buying shitcoins to have bought them. they buy them to eventually dump them to get a bigger profit. granted most of these traders are newbies that end up bag holding and thinking they are good at it. which is also why we are seeing this slow dump instead of a much faster dump to go down to real values. it is because newbie bag holders hold their bags tightly and let go when they are in serous loss.
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how much money can that bet give me.
that is all everyone cares about anyways, the money. so you should see which one can give you the highest reward or in other words which one has the biggest potential of getting pumped more. additionally this is a gamble anyways so you should know the risks and prepare for the unpredictable results of your bet. this is not an investment when it comes to ICOs.
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this is, in a way, such an obvious suggestion though.
look at it this way. we have bitcoin and we have altcoins. when bitcoin is going down altcoins also go down. so if you see the drops you should sell your altcoins. now what should you buy? you should buy only things that have real good future. aka have potential. which means bitcoin!
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That's an idea. Also they might've exchange their Bitcoins to some potential altcoins that keep rising ( XRP ) for example or something else that has a good perspective.
that is the worst idea for many reasons. first of all altcoins like XRP are centralized shitcoins with no future. they just get pumped and dumped. there is not "good perspective" for any of them. investing in these coins is only good during their pumps secondly everyone knows that when bitcoin goes down all the altcoins drop. investing in an altcoin that is dropping is silly in this case then.
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i disagree. this is not the "first duty of the blockchain". this technology can also be used in a centralized way but they have to be transparent about it. many projects don't even focus on being decentralized!
then why inconvenience the public by inviting them to participate? there are private blockchain projects out there. they make no attempt to involve anyone from outside because it's pointless and counter productive. you should either be decentralised or closed to outsiders. the middle ground is useless. money! why else how many millions did they raise in their ICO? nobody is going to pay you to create a centralized platform specially in a market which is filled with decentralized ones. pretending to be decentralized and gaining attention while filling your pockets is so much more profitable.
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this has been one of the oldest issues of ethereum that was known for over a year now. it mainly started when people could no longer start to run a full node and sync it with the network due to the huge size of the blockchain and extremely slow speed of it. and "pruning" is not the answer to this bloat. and they have been adding more complexity to the code as the comment on that reddit link is also pointing out. things like sharding will also open up attack vectors. but that is just another flaw on top of a couple of dozen other flaws so maybe nobody cares the first duty any blockchain has is to remain a functioning and decentralised blockchain.
i disagree. this is not the "first duty of the blockchain". this technology can also be used in a centralized way but they have to be transparent about it. many projects don't even focus on being decentralized! the important thing is if you have a decentralized project you have to focus on keeping it that way (like bitcoin and what it has been doing with all the block size drama), but you can't have a centralized project and push it towards more centralization and still call it "decentralized" even though it is long dead.
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what do you guys do if you have a lot of coin but the price is very cheap? will you buy that coin again after it hold it until the price goes up? how best do you think? Thanks.....
the word that you should pay attention to here is "cheap". what defines cheap? what price? is it $1? $0.01? or $10000? you see just because value of something is lower doesn't make it cheap just as if the value of something else is high that doesn't make it expensive. for example you pay a lot of money for a small amount of gold but you don't pay virtually anything for tons of sand! a useless shitcoin worth 1 satoshi is still super expensive while bitcoin worth $20,000 is still super cheap. because that shitcoin is not providing you with any value but bitcoin does.
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a good thing about donations like that is that anybody from anywhere in the word can make a donation fast, easy and super cheap. and while doing that they can see their donations being spend in a very transparent way. and that makes bitcoin donations that much better than any other form.
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....because mining bitcoin requires a pc with a high spec, which imposes a high electrical charge.
you can not mine bitcoin with a PC no matter how high its specs are. you need a specialized hardware called ASIC to mine bitcoin. to you and to OP and anyone else having irrational fears about bitcoin i have to say it is good to think about these stuff but first you need to do some research and increase your knowledge then be afraid of something that doesn't exist.
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2018, 2019,... 2100,... 2017, 2016... doesn't make a difference Dogecoin is and will always be a joke coin and has no real potential. it is also being traded as a joke but a joke that a lot of people like. it goes up and down randomly and without any logic based on pumps that i can get. because of that you can not predict it. the only logic that works is the fact that it has a huge supply and also no cap. and that means a declining price in long term.
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first of all altcoins are never good for a long term investment and you should never hold them any longer than their pumping period lasts. otherwise you will be one of the many victims of altcoin pump and dump and lose money.
secondly right now the market as a whole is in a bubble and will continue going lower and lower on a downward spiral until these bubbles no longer exist. that means NOW is not a good time to start your investment! you are buying into the bubble.
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unfortunately last year's nonstop pumps have ended with a lot of huge bubbles all around the altcoin market and almost all of the altcoins (mostly the bigger altcoins that are on top) are still stuck in huge bubbles and that means they need to get dumped for a very long time before they can get out of their bubbles and get ready for another round of pumps in a bull market with new sets of bubbles.
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i don't see why we need anything like that at all. and i don't really understand why you say things are complicated. as an end user you just have to download a wallet, that is all! the rest is just pointing and scanning, as simple as that. for example you go to a shop to make a purchase the cashier will show you a QR code which you scan with your phone and click a button on your screen,.... and you are done!
as for Email and things like what other user said about Byteball and what they did, it is just an application built on top of already existing infrastructure which is doing something interesting. it is really pretty simple. you can build it on top of any coin that you want even if they don't use seeds. it is a very simple code. but the question is whether there is a need for something like that?
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reading the bitcoin price on radio is not exactly the same as advertising it though. when you announce the price the listener will just hear another name with another number, they may not even bother thinking twice about bitcoin and what they are hearing. advertising bitcoin is more about teaching people about what bitcoin really is not what it is worth in USD.
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why don't people these days know the meaning of the words they are using?!! bullish now? it is not just about ethereum and other altcoins the bitcoin speculation is also filled with these people. price rises 1% then they call it "bullish" and then start celebrating just to get dumped on and lose -10%....
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don't forget about bitcoin forks! the creation rate of them has slowed down significantly but there will be more of them in the future. the way they work is that when you hold some bitcoin and they fork, they will give you the same amount in their coin for free.
there is also some other altcoins (for example Byteball which is not over) which sometimes give you their coin based on amount of bitcoin that you own.
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i am surprised that they are doing this now, the article is about 2 weeks old but still i say it is strange. the time to increase their staff and trading power was about 6-7 months ago when there was a huge surge of customers on their platform and everyone was experiencing troubles. right now things are pretty calm and will probably remain this way for a while. in any case it is a good move, i also hope they increase their server power so that there isn't any downtimes anymore.
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it is called mainstream "adoption" and like any other adoption, it will also take time. it is not something that can occur over night so you can wake up one morning and see bitcoin has hit "mainstream". the movement started about 2 years ago and it has been ongoing ever since. in fact bitcoin is slowly being adopted everywhere. mostly silently by the smart people with smart money.
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these are the things that we have already known. none of it is really news but it is good to hear it out loud and being said by others specially some public figures. although this wasn't such a big news as OP puts it.
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payment received, thanks.
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