I agree with you that the basis of the cryptocurrency market is manipulation. The trend of prices on all the exchanges specify trading bots. We don't even know if they actually have that many coins to bet on or if it's just the numbers we see. The main volume of sales of crypto is done outside the exchanges. But I'm not sure that bitcoin is a Ponzi scheme. I believe in the future of bitcoin but after the opportunity to buy and sell it for dollars, it became subject to those who have a lot of dollars. They dictate prices and easily manipulate the market.
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Let's be realistic. Bitcointalk is dying. But this is a controlled decrease in activity. The emergence of the merit system on the forum created by moderators in order to reduce the appearance of new users and create problems for everyone else. Is it spam? No. You have to admit it. I don't believe anyone who sings the praises of this system. But this is not the only problem. The decline in activity in the cryptocurrency market contributed to a sharp decline in the number of new projects. Previously, each forum participant could take part in signature companies and become a member of the cryptocurrency community without money. Now it's almost impossible. I think that the forum moderators consider their mission to popularize cryptocurrencies fulfilled and the number of users will be constantly reduced.
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Looks very weird, he was approached by a group of people? How do this people has connections and was able to get to him, that's really suspicious. I don't know if the guy is a self made millionaire or blindly stupid. How can he fall for this smooth talkers? He is a fucking millionaires and can ask experts to check the dealings. And yes he should deserves this, he just went along the way, he lost control of his emotions and the promise of good returns is too much, and he immediately fell on the trap.
It seems strange to me that a millionaire could so easily get online to scammers. If he earned this money by his work, then he can't be such a stupid person. Perhaps this is another not the smartest fake to spoil the reputation of cryptocurrencies.
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Btctalk name: Coffee135 Rank: Full member Current post count:665 BTC address: 3CP6yJ3ARGi3g7daiPmBnPGCHVZG1v3sVX Wear appropriate signature: yes Wear avatar: yes
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It seems to me that this is only the opinion of the General Director of one of the exchanges. Everyone finds his own in the cryptocurrency and therefore this can not be prohibited. If there is a request for the transfer of confidential information, it will be done even if everyone is against. People are still trying to impose their opinion without understanding that the world of cryptocurrencies is a free world.
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Do you really think that bitcoin will really reach 9k this year or more ?
Why not,i t will reach $9K in even next few days too,so don't care too much about the prices now be a long term holder and support the bitcoin,if you just buys and sell the bitcoin in short term it will never reach any new heights. Keep dreaming but it's going to happen. Because the price was going the past few days most people have been thinking that Bitcoin will recover and some were thinking it's going to a new ATH. Because the Bitcoin price increase by $500-$600 doesn't mean it's recovering. Today is the perfect example: it lost about $700 after being up to $6900 just 4 days ago. Bitcoin goes up and down, don't forget it's a volatile market Previously, volatility was really determined by the demand and supply in the cryptocurrency market. Now it seems to me that volatility is entirely driven by whales. This means that to find a logical justification of the behavior of prices of bitcoins is impossible because they are not. This can discourage many users who believed that bitcoin is a guarantee of savings.
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It is incorrect to compare 2014 and 2018. Now the market is a completely different situation. In 2014, bitcoin was not in the hands of large capital. The big money was just coming in in bitcoin. There was no total control over the use of cryptocurrencies. Many people believed that bitcoin can become an Autonomous currency. But now these moods are fading and the capital is leaving bitcoin.
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No one will ever give up these rules. They weren't made up to celebrate. The development of the economy of the government is least interested. If it was not that they would develop the public sector of the economy. The main goal of any government is maximum control over all citizens. and for this they need rules of regulation.
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Yes, you are actually right. Those factors that you've mentioned are the usual mistake that people make, but you might have forgot something to list and that is the ability to research first before going all out. Investors tend to just invest into something that is hot. Most altcoins nowadays get shill and newbie investors would buy that piece not knowing it's a trap set by those whales or those pump and dump groups. But people always learn from mistakes no matter the circumstances which will lead him to success. Oh and also greed.
In order to make a trap, the whales first invest a lot of money in coins to show a great growth. This moment is the most difficult for whales. An investor can always buy coins cheaply and sell them without waiting for the maximum prices. You need to be able to fight their greed and everything will be fine. Without breaking the eggs, you can't cook the eggs.
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The security of your wallet depends on your actions. Hacking the wallet of one user is very difficult for hackers. I doubt they'll do it. But a lot of users by their negligence leave a lot of confidential information on the network that allows hackers to quickly access the victim's wallet.
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Banks earn a lot from the sale of collateral and business lending. I for example know that many banks have income even from loans on 1+ day. Also, the income of banks depends on the country in which they are located. In poor countries, credit rates are higher and the population is poor, so they are more likely to use credit.
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that's really amazing. We need high standards for crypto exchanges and whole crypto industry. If the exchanges in s korea manage to get the bank license, well that will be really cool Are you sure? Are you ready to change bitcoin to Won? What happens if the us and European Central banks do not give them a license to use dollars and euros? Probably any positive news is good but the main thing that you need to pay attention to is the application of this in life.
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The future of bitcoin and cryptocurrencies is the future of our financial system and the earlier we adopt it the better it will be for us. Cryptocurrencies has a brighter future than any other advance in technology. I think bitcoin is the future of money. We are not going to have it bad in future if we can invest now and I believe investing in bitcoin is investing in our future.
I wouldn't say that so categorically. Bitcoin has shown us that it is possible to build a fairer society in which the distribution of money does not depend on connections and corruption. But people were not ready for this and tried to combine the cryptocurrency and Fiat system. As a result, we got a crisis in the cryptocurrency market and now the future is in question.
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Bitcoin is different this year. It seems to me that there will be no huge jumps up. Regulation of the cryptocurrency market has led to the fact that many people who have invested large sums in bitcoin left it. Such capital will be very difficult to recover. Perhaps we expect a period of relative price stability.
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It seems to me that bitcoin is ready to jump but first the whales have to let it go to a minimum. Every day it becomes more difficult to do so we see a roller coaster. In any case, it seems to me that now bitcoin is at the bottom and therefore there is no sense in selling it. Now we have to wait.
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If you compare with other coins, it seems to me that the future of bitcoin is the most promising. Even if we assume that the crisis in the crypto-currency market will be longer than everyone expected bitcoin will remain a coin with the greatest confidence so capital can move from altcoins to bitcoin and this will make it the most tenacious.
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It seems to me that the popularity of bitcoin on the contrary depends more on the fact that it is difficult to track. This does not mean that all people want to commit crimes. Just the tax policy of all States is aimed at taking more money from people every year. People do not like it and they are looking for alternative options for storing money. The more cryptocurrencies are decentralized the more popular they are.
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I want to agree with him on one thing and that is that regulation is always a few years behind new innovative technologies and Bitcoin is one of them. It is difficult for companies to ignore the lack of regulations and to continue accepting Bitcoin as a currency, because they would be moving in a grey area and even possibly breaking the law, by doing that.  Once Bitcoin is clearly defined by these regulations, we should see a a increase in adoption.  This is true, it is hard to expect greater integration of BTC in daily life when so many things are still in some gray zone. Unfortunately, regulations of cryptocurrency goes pretty slowly, at least from perspective those who show interest in this matter. It is not a question can this job can be done much faster., Japan, Germany, Malta and some others countries have shown us that is possible to do that, and they benefit from it. New jobs are being opened, state revenues grow from collected taxes and cryptocurrency is moved from dark or gray zone in something completely legitimate and available to everyone. My opinion is that the regulation of cryptocurrencies does not help the growth of the popularity of cryptocurrencies. Regulation is aimed at making the asset less profitable and people have lost interest in it. I am against regulation in any form. Unfortunately, many users of cryptocurrencies do not understand this.
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I have tried mining many different coins in dual mode. Previously it was profitable but after some coins killed asics some coins increased the difficulty I don't use this mode. Dual reduces the life of the GPU while the profit from dual is now minimal. Even if you do not pay for electricity it is not profitable.
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