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We live in a debt-based economy and the debt keeps pilling up. US is chief when it comes to this , keep pilling up debt and raising the debt ceiling. Ideally this should make alternative currencies such as bitcoin much more powerful but governmemt seem to always play the smart one on everybody-suppressing the growth of bitcoin.Eventually, bitcoin will soar
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For long term my choice will always be bitcoins, there is no fear that it will be deleted from exchange, the growth in price has being consistently higher over a long time and it is the most decentralized and secure system we have at the moment
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My concern is having a large pile of bitcoins in the hands of a few. There are wallets hold several hundred of thousands of bitcoins, imagine what will happen if bitcoins becomes a million dollar asset, we will have a new class of persons richer than nations.We such power in the hands of few, we will be back to the system we were trying to avoid in the first case- the banks owning everything. I fear wall street taking over bitcoins
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Every market goes through a circle of booms amd glooms, It ensues redistribution of assets among the different players .bitcoin is not acting differently as an emerging asset class.We will see a bull market eventually,likely to be when no one expects it,same way no one expected the bear market.
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Past performance are not gurantees or yardsticks for future performance. Technical analysis (often based om previous data)are only a representation of a probable event as regard the behaviour.while T.A is helpful,no one can give actual price btc will sell at any given time
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There are several documentaries that mention bitcoins in passing especially as it relates to banking (fractitional reseve banking).It is good we have some like this on netflix as you shared.Bitcoin need to be presented in more positive light
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Same way the market pumped earlier in the day ,same way it dumped barely 12 hours later.It simply shows there were some greedy whales who choosed to manipulate the market for their selfish agins.
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It seem it was another pump and dump session by some smart whales. We had an addition of about 12 billion USD by morning and the market bled by noon. It does not however mean we still cannot have it otherwise,
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I think we are finally making progress with the price of bitcoins.The trade volume uas increased substantially.There also more possible bullish news ahead in March that will encourage the upward trend.We are likely to see Bakkt making some important announcements in March.
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Good news we are no longer in the dark as regard ethereum price .We have moved from 100 to almost 160$ within 45days, hopefully this upward trend continues and the earlier postponed upgrade be effected soon to handle the current network congestion.There is hooe for ethereum
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Dash is gaining adoption across some countries such as Venezuella (for obvious reasons-economic crises) and the number of merchants adoption is growing very rapidly.If you go by that trend,I would say it is a good buy,as with most top-rated coins at the moment.They market is likely to ease-back in the bulls in the coming months
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I am not sure there is significant relationship between bitcoin halving and the development of different ICO projects.Bitcoin halfing is no guarantees that the price of bitcoin will be high.And we may not see mich of ICOs in tue future givem the fact that a lot of them had serious challenges in the past.The more likely thing is regulations and the birth of institutional funded projects or STOs
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Hopefully we have a bull market soon,it will help all those still in the space to recuperate some lost investments, a good sign is the fact that trading volume for bitcoin has improved in the last couple of day and a lot of infrastructure for a wider crypto-adoption are being developed.
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There is not enough room to celebrate yet as we are still struggling to break the 4100 usd resistance level,things could still go down, the only thing that seem to have improved is the daily trade volume for btc, which has stayed above 8,5 billion USD for almost one week.More movement is needed to remotely suggest we are in a bull market already.
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JP Morgan coin is not really a nice addition to cryptocurrency in my opinion, It is heavily centralized, censored and will only serve the needs of a few i.e J P Morgan and his clients. On the other hand, ETF is something that will eventually get approved, the problem is that no one can say when exactly,hopefully this year.
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