As bitcoin becomes trendy and the most awaited form of investment these past few years, I don't really see bitcoin becoming a competitor of diamond. Diamond is not valued because of decentralization unlike bitcoin where the price of diamond will not be lesser than what it is now. Bitcoin otherwise is a form of investment that has a high percentage of making a profit. No need for bitcoin vs diamond data after all.
There should be no comparison for these because diamonds make up for their value based on their rarity, one good example would be the Pink Diamond. Unlike bitcoin they are valued based on demand for market and that says a lot for the difference because in my opinion, diamonds are just luxury items while bitcoin is more like a investment oriented commodity. right, diamonds seem to have no market value, where people buy at prices that are sometimes beyond reason. different from bitcoin where the price is due to requests and offers from many traders so that it can go up or down, according to the behavior on the market |
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Nothing wrong. If people follow the necessary precautions prescribed by the world health organization, their chances of infection even in Ramadan will be minimal.
However, I am sure that, like in Iran, in some other Muslim countries, there are fanatics who are ready to lick anything by proving that Allah will protect them.
as the seasons change, the virus will disappear by itself, and I think trust is indeed needed, prayer is also needed, but trying to prevent it will be better, if we just pray without trying to prevent it as well as suicide, and that is prohibited in religion |
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How could you just prove that china is printing 1.2 Trillion Yuan with just a 3 line post with no evidence? Each country has their own reserve bank which has the ability to print the currency notes but the process is quite lengthy. There needs a lot of permissions in order to start printing currency notes but in case of china, china is already facing rough times due to the corona virus.
Nearly 500 people are already dead due to the corona virus whereas 500+ are yet infected and struggling to recover from the most fetal virus. There might be a need to stop this infection so that not much people come under their threat and hence china might be needed some huge funds in order to stop the contamination by spreading some antidote through the medium or air, water or food.
I agree with you. In any case, China will take any measures to stop this crisis; otherwise, China may receive enormous damage on all fronts, from the economic level to a decrease in the level of power in the country. If China can print 1.2 trillion yuan, then it will. In addition, we do not know all the information; only official data is provided to us. Perhaps the situation in China is much worse than it is shown in official media. right, the situation in China that actually nobody knows exactly if we only follow from the news. but I think anything will be done by China to restore their economy after a few months of decline. and the main thing to do is that this virus must be dealt with immediately, so that either printing money or using crypto can be decided |
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Indeed, some investors have the current situation, because they collect all the altcoins that have the potential to be invested in the future and they never worry about the current situation because they know the Often occurs in the crypto world and it is also common, so for all of us should also follow them if later want to get great results.
right, for now many investors are waiting and seeing to see market developments. they are not affected by the dump on all cryptocurrency. and in the current situation, many investors will prepare themselves to buy crypto in their planned area, kepanikan banyak orang membalikkan mereka Manfaat untuk membeli dan mendapatkan untuk maksimum pembelian |
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When you talk about trusting a coin, you have to look at different achievements of the project working with the token or coin, the background and level attained. To me, Ethereum is a base token and can't be compared to BNB, unless there's better and strong competition from BNB. I go with Ethereum.
I also believe that you can not put these two coins in the same row, since they have completely different functions. BNB is the coin that created exchange Binance and the value of which is very closely related to the functioning of this exchange. And Ethereum is the basis for most cryptocurrency projects. Each coin will perform different tasks based on their development strategy, but based on their requirement companies will use, during the ICO, ETH is the most convenient one for investing, but once ICO is completely focusing on the negative way, then IEO came into existence now every exchange are using their own base token which the demand for ETH kept decreasing. both of which are potential altcoins, where ICO had triumphed in its time and once ICO was dim, IEO was the first choice. but both have a large community and I think both are worth investing. and this I do to invest in the two altcoins, in addition to bitcoin, as long as bitcoin goes down, then both altcoins also follow down |
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I think many are waiting to buy at prices that according to their analysis are worth buying, on the other hand there are many investors who still hold their assets, without any sense of panic. on the other hand there are also many investors who sell because of panic. I think for those who will buy and still hold their assets, they will certainly benefit later
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Many people are surprised to see bitcoin price movements in recent days, because prices have experienced a very drastic decline.
Even some people panic, then sell their bitcoin. If bitcoin has decreased in price, it must be followed by altcoins who also came down.
For me it does not matter what the reason that makes the price of all coins has decreased. What's important now this is a great
opportunity to buy coins at very cheap prices in my opinion.
Today we experience the dropping of market price of the bitcoin the same with the altcoins does event does not happen immediately in just a single day the market price from 7k dollars it fall rapidly into 3.8k dollars within 30 minutes and many people getting alarmed to and they sell their coins that may cause of lowering the market price of the coin also one of the cost of the lowering of coins price is the pandemic virus spreading over the world there are some people making investment to the cure of the virus so they need to manage and pull out their funds also there are a lot of people making withdraw because they need to use their money to buy a lot of things and foods because of the shortage happening. besides they are worried about the price of cryptocurrency, there are also many people who need funds to buy basic necessities, where prices soar. the number of people who reduce activities certainly makes the necessities of life increasingly scarce and higher prices. but I don't think this will last long as this virus can be overcome |
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Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
Actually there are some news that the said virus can be transmitted thru the usage of paper money? I am not quite sure actually. I think that is possible so I would like to suggest the usage of crptocurrency or digital money to be able to transact online. It is better to avoid the person to person transaction and avoid being infected by the virus. but if we look at the characteristics of corona viruses, they can last about 10 hours in inanimate objects, and money is a place to move viruses effectively. when people make transactions with banknotes, then they hold on to each other, and it is possible for the virus to spread widely. this is different from bitcoin which is done digitally |
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indeed to anticipate the spread of the corona virus, bitcoin is an effective currency to prevent its spread. we know paper money is a good tool to transmit the corona virus, because the virus can last about 10 hours, and that makes paper money occupy the highest rank of corona distribution media. The government should consider this so that the virus does not spread widely
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Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, will never work on blockchain, at least not this time
Or more likely not needed at all. Some projects have been introduced but if you noticed their concept they are likely nothing related on blockchain but still they are insisting on putting up a project even its not necessary. These are the problem with some alts they are trying to incorporate ideas into blockchain even though it isnt matched. Dont invest on these types. right, there are many projects like that, where they will most likely run away with investors' money. for now sometimes projects with a convincing theme can even be fraudulent. or maybe I am not good at analyzing ... my advice is not to use your total funds for a new project at this time |
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It's better to hope that the while thing will be settled before May and then we can see positive move upward. For now we don't know how far it will go. But maybe the market will swing a little before we see any change in trend.
I agree, just keep being optimistic while the maket is getting weak because it can cause also to market to be good again. We also need to be patience because it seem we need to wait for a long timebto its rise. Right now I think its better to take your time to buy some altcoin that have worth because surely most of them are falling the price. I think to buy a few coins will be better if done in stages, according to the analysis of our buying area. We know the current market uncertainty due to worldwide outbreaks, so many economic actors are focused on personal safety. and I think the market will improve as the virus is topped |
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for the time being the economic situation is bad for all countries. because of the corona outbreak, the economic system is hampered and even set back. with the limitation of human activities in the work, then the economic wheels are hampered. Moreover, this is happening in China, which is an economic giant, which affects all countries, and it seems that if the corona virus has not been overcome, then the economy will get worse
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Very true we should not delay investment, because investment can make you get passive income. Although realize it is not as easy as
we imagine, at least we start first. If our investment goes smoothly for approximately 5 years then we can make a decision to get out
of our work in the real world.And focus on investing in crypto, and being able to enjoy the life we've been dreaming of. That all can be
realized if our intention is strong to invest from now up to 5-10 next year.
while we are still young, it seems we have to be good at managing finances so that our old age is guaranteed. some of our income from real work, should be invested in several fields of investment in accordance with our beliefs. so that the next 10 years we can realize dreams, which are sometimes difficult to achieve from real work, but we must have good knowledge to choose the investment field |
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the impact of the corona virus is felt by all aspects of the industry, not only cryptocurrency. The stock market also suffered a setback, with all aspects of the economy of the entire country experiencing its effects. even today bitcoin has fallen sharply, and is followed by almost all the existing altcoins. I hope this case will be resolved soon and the market will return to normal
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one day before lock this thread. i hope all of you will understanding.
positive coment, positive thinking
Be a Smart people
Of course I would like to write something positive in order to raise the mood of people, but we must face the truth, since the situation with the coronavirus epidemic is difficult not only in China, but also outside this country. Already today, the Prime Minister of Italy has announced a quarantine statement for the whole country where borders are blocked. And Israel, in turn, applies 14 days of quarantine to all who enter the country. Of course, this situation affects almost the entire business, both large and medium, and small, which will lead to certain financial problems and to another economic crisis. Based on this, in any case, the virus affects companies that are related to cryptocurrency, as well as miners that support the network. But for the sake of fairness, you need to voice the good news consists of the fact that they have already found a vaccine for the virus, and I hope that such a difficult situation will improve. right, such as mining activities in cryptocurrency, of course requires support from other infrastructure, such as the internet and electricity. of course many people are involved in the supply of electricity and the internet, if many workers in the sector are infected with the virus, then the smoothness will be disrupted. and this certainly affects the price of cryptocurrency |
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I won't trust any nation's cryptocurrency as the government will always seek to control it, and this will come with a high degree of censorship, nationals that have diplomatic frictions may want to pull or fight other nations currency by attacking their economy the very instrument backing the currency. If the world is truly ready, a truly decentralized digital currency like bitcoin should be considered.
Similarly, you can undermine the economy by issuing a fake national currency. And such cases have already been in real history. But so far, we see that the digital national currency has all the chances to start being the first widely used within the state on a par with Fiat. And people will have to accept its centralization, since salaries, pensions and other social benefits will be paid in the national digital currency. we live in a state, so that even if the government's decision differs from our wishes, we must do it anyway. with the country having its own digital currency, this supports the development of digitalization, but it seems that the government has not been able to leave the centralized system, which the government can control |
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the big force that drives the market is the human mind. today many people are worried about the corona virus, which paralyzes the economic sector, so that concern becomes a force, where many people take the same action, so the market moves significantly
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what usually happens is that in a spreadsheet we've multiplied the number of tokens that will be received by the time price ie. but after the tokens have been distributed and the listing exchange, the dump and the token prices turn out to be worthless. plus it seems as if the team doesn't have the passion to develop the project. and finally vanished hope we have
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There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question. Evaluating the economics, technology, and marketing of just one project is hard. There are thousands of projects out there. It’s impossible to come up with a universally applicable method to tell good projects from bad ones. Yet, somehow people get by and manage to navigate among all the options in the cryptocurrency market. How? When there are too many things to choose from and the time is limited, people, animals, and computers sometimes use heuristics—problem-solving approaches that aren’t necessarily optimal or rational, but they work well enough in most cases and save some time if you’re lucky. https://forklog.media/how-to-spot-a-shitcoin/You can't finish all problem to spot shit coin. Shitcoin always show up with new plan to scam people. Team members profile is a good point, project promise history should check. Partnership and project ideas is also spot a shitcoin. Binance exchange is popular still some wants to know main location of this exchange. Without government regulations, I think we personally must be able to adjust, so as not to be involved in shitcoin. but sometimes this is difficult to identify, because they can convince many investors with their strategies. therefore experience will lead us to understand all that |
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in the cryptocurrency business where we already know the background and there are certain parties with large capital who are playing with prices, we must be able to adapt and learn to keep making a profit under any conditions. if it is truly cruel if we hear news of losses suffered by investors, we must therefore calculate the risks and rewards correctly
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