this Friday, Ripple had a boost of almost 80% that made it rank second in the most important cryptocurrencies. One of the reasons could be the announcement they made about the next launch of XRapid, a protocol that will allow international transactions to accelerate from the current 2-3 days to only a few minutes. Other reasons that could also influence was the incorporation of National Commercial Bank, from Saudi Arabia to RippleNet; a new version of its network client, the XRP Ledger 1.1.0 and the arrival of new investors from Asia, through new markets, could also have an impact on the takeoff of the cryptocurrency.
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I see a bullrun very unlikely in December, everything will depend on the news as regards the approval of the etf of vaneck by the SEC, this news could be scheduled for December 29 or postponed for February and in the case of approval could provide a great liquidity and volume, which would give more maturity to the market but would be a threat of centralization. Another very relevant news is the one that refers to Bakkt scheduled for November. let's hope to know how the near future of bitcoin will be and how the market will react to this.
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the technical analysis will show you the behavior of the currency and let you predict its future movements but we are talking more about graphs and values, and itīs that the market expresses the emotions and confidence of its investors, this indicates that some news of great importance that allows to have great influence in them can make big changes of tendencies.
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I do not think it necessary, itīs enough that this is already a requirement for icos and exchanges, the purpose is to know where the funds come from to obtain these tokens. In addition, I would be disrespecting the anonymity that represents the cryptos, being a bit vague because in the same way, the use of money illegally exists anyway, and only this would be an excuse to exercise greater control in cryptocurrencies
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For me, Bitcoin is already accepted as a legitimate currency because its users can obtain goods and services through it, and every time there are more businesses enterprises that accept it as a payment method. The legality of bitcoin depends mainly on the user and that is where the political barriers are, which have the need to know who are the owners of these cryptocurrencies, where they are in the world and for what they use them in order to maintain control over the use of currency in illegal activities such as money laundering.
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most investors see the value of the token or currency more important than the project behind it, which leads to the massive purchase of cryptocurrencies without knowing which are the ones that can give the best returns, this causes a massive overvaluation, where they arrive other investors who believe in the project but lose money if they do not analyze the situation adequately.
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More than a waste of time has been a way to learn through trial/error. Knowing that a shitcoin not only it donīt shows utility for its ecosystem and that its success only depends on inflated expectations and marketing. they also present an absolute lack of security in their protocols and, if it does not offer security, it presents an important disadvantage in other currencies.
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Itīs not bad, a great tool for trading, it would be excellent to implement in other exchanges.
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I've been researching bitforex because one of the tokens that I own is listed in its platform, I read that it is one of the most recent exchange that has greatly increased its volume and has risen to position 7 in the coinmarketcap. its market is mainly aimed at people from China, since they accept even FIAT deposits, it does not have deposit commissions and the withdrawal is 0.001btc, I think it has been one of the main reasons for its growth, also, the graphs and the interface are not bad, so if I ever have to use it I'll do it without problems. although recently it has been accused of falsely increasing its transaction volumes to quickly climb the coinmarketcap ranking.
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I am also looking for information on these two exchanges because my token is only found in both, and in conclusion the best option would be hitbtc, I guess that its good volumes guarantee a better exchange and its history of scams has been lower compared to yobit.
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the best way to know that you will not be scammed is to buy your bitcoin in trusted sites as they have already mentioned in this thread, and in turn choose sellers that have a good score and the best recommendations, sometimes it happens that we buy bitcoin at an incredible price but, the seller has bad repute and you will be scammed.
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greetings, if you only want to keep your bitcoin without having to trade, I recommend that you keep them in a wallet where you have access to your private key, there are many btc wallets that are very good among them coinbase, blockchain, among others. You must find one that suits your needs.
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It would be very quick to say that the rewards will cease to exist in the near future because the blockchain technology can be used in different areas and I think there are many ideas to emerge, which if I give the reason is that the demand for participants in bounties It is high and it will be harder to be part of one.
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the only way to sell is that you really need the money, otherwise the best option is to keep your money in bitcoin and if it goes down it is an opportunity to keep buying and have more coins.
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another ico that catches the attention is socialcxn, your project is a blockchain for influencer marketing. Influencers can help these startups to amplify their campaigns and spread awareness of their ICOs.
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Before joining a campaign, I research about the work team and the administrator who directs it, taking into account that high ranks give more confidence, and it is also important to know how responsible they are when updating the spreadsheet each week. in this way I know the degree of commitment they have and then I study all about the project
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the cryptocurrency aureus, its objective is to allow all types of investors around the world to invest in local economies through the proven power of the blockchain, but this time, with monthly dividends in Bitcoin issued to the holders of the cryptocurrency. This way of investing will try to offer investors superior returns to traditional market investments, maintaining a low level of calculated risk.
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If you want to increase your profits, starting trading is a good option but you must take into account that the risks of losing your money are high, so you must have basic knowledge of technical and fundamental analysis of the currency, my recommendation is that you start with small amounts while you practice and you are acquiring experiences
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to know if it is good you must know what project this currency is based on and what is their work team, look for them in social networks and know how receptive they are with their followers, the second step is to study the currency, performing a fundamental and technical analysis to Know your trend.
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Of these platforms presented, I only know the civic. I think a necessary thing in these next years is how to reconcile reputation with anonymity. Or at least how to create a reputation system where a company does not need access to so much personal information and where you do not have to leave traces.
it is correct, a platform has to be developed to solve this problem because otherwise we would be exposed to the network and that is something we do not want, and most likely that the protection of personal information will be expensive in the future.
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