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Yes, crimes could be financed using Bitcoin, but criminals also have other methods of payment so we should not disqualify BTC becuase of that.
I think this is the saddest part of crypto currencies that because of decentralization it is vulnerable. So criminal money is also flowing here. Actually I think that is the main reason why price of bitcoin jumped from 3K to 20K in very short time.
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We can help bitcoin growth with the power of our community. Let spread the word about bitcoin in every peoples. Let them use bitcoin as a payment system. Then, the government will accept bitcoins with no exceptions.
At the moment, best help would be not selling your bitcoins. Because if majority of people start selling in fear, that would bring price of bitcoin to even lower levels which I'm sure that none of us (btc holders) would want it.
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Yes that is true. Panic selling and mass selling of cryptocurrencies really hurts the value. Not only that, but because of the decrease in value they are putting traders and investors at a very disadvantageous and messy position. I say if you don't have the guts to keep your cryptocurrencies when the value drops a little then why the hell have you invested on something with a value that is highly volatile in the first place?
Agreed. I think they want us to do the panic selling to drop prices even more so they buy at very good level. that is very good advice, you should not sell your coins. otherwise you'll regret so much.
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what you say man?really ? i can,t believe it.if bitcoin dump to 4.5k$.so you know what about crypto market effected ?it not good idea for bitcoin and bitcoin investor. i invest in bitcoin big amount .my all saving money i invest in bitcoin.if bitcoin dump 4.5k$..maybe i will be die.
It will never go back to 4500 usd. If you are waiting it to happen to buy you can wait forever. 8K-9K levels are perfect to buy I believe. if you do technical analysis with fibonacci retracements you will see that there is high probability that today hit the bottom.
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China isn't ALWAYS bad news for bitcoin, much of bitcoin's early explosion in growth was due to the miner boom in China. Currently, China holds the lead for the most hashing power, because of this, they always hold a lot of sway in the value of bitcoin, and the level of fees required for transactions to be confirmed quickly. Recently, news about China's changing crypto regulations caused a small crash in the BTC price, due to misinformation, as nobody mentioned a ban, and yet panic still ensues.
Agreed. China is not always bad news for crypto world. As far as I observe they are just trying to manipulate the market. they are releasing some news to support the market to increase the prices and some news to decrease prices. Clear manipulation.
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Why not it's nice helping people who are poor and needy if you have more blessings than them why not extend a helping hand on them or put up an organization wherein children of poor families who wants to study but don't have money will be given a scholarship to attain their dreams
I was thinking about it. As soon as I achieve regular income with my crypto currency trading I'll donate %10 of my income to the foundations that I know they are doing good job to help poor people.
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I am very sad because there are so many bad news that the price of bitcoin and altcoin drops so sharply, we need a solution to bring the value of bitcoin going up. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Don't be sad mate. This is the very nature of trading. Try to separate your emotions from your investing, otherwise you'll be hurted all the time. At the moment panic selling is happening in the market, that's why everything is red.
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I planning to learn bitcoin mining, but is it too late / not worth to mine bitcoin now ?
For me it is still worthy there are still a price in bitcoins and they are still the most successful coins in all the cryptocurrency so they are still worthit because you can still gain money in them. That is the only reason why you mine bitcoins just because of the price and the profit they're giving to you. So if you are thinking that the bitcoins won't giving you much profit you are wrong they just fall a little bit in the market but it doesnt mean that they are falling entirely. I never mined but I have a lot of ex-miner friend and they all stopped mining, started investing. They were complaining about extreme expenses of electricity, wifi, need to upgrade hardware etc.
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I don't think so because many countries like Tunisia don't accept bitcoin he consider that cryptocurrency don't legal and a method to hide the source of money
I also don't think that is possible. My reasoning is that blockchains are totally against the governments tax rules. Main income of many governments are only taxes especially those in developing phase.
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There is no any moment in my life that I become regretful since I am a avid fan of cryptocurrency because of their excellence in the industry.
Your positive attitude is very important to make money. I see a lot of people here on this forum that complains why they didn't buy bitcoin when it was cheaper. I also started late but I can still make money even starting late, why to regret?
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Since Bitcoin is a part of highly volatile wild cryptocurrency market, it is very difficult to predict the price. Unlike stocks of the companies, cryptocurrency market is active 24x7 and it is a global commodity/currency so you never know which kind of incident will affect the Bitcoin in what way. However, considering the past performance you can always chalk down some possibilities of the trends which might take place in reality in the future. However, it is almost near to impossible to predict the accurate future of cryptocurrency market (applicable to every sector actually).
It is almost impossible to predict near or far future in crypto currency market. only thing you can do is just speculation. even the master traders confess that they cannot predict the future but they just do a great risk management.
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its true ! some Wall Street investors took an opportunity as investor confidence declined slightly, although some Wall Street investors openly expressed doubts on other cryptocurrencies.
It sounds very logical actually. Market manipulation is the one and only thing that Wall Street guys do the best. There are two possible scenario imoi one of them is they want lower prices to get in, second scenario they want to decrease the bitcoins popularity.
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May be there is a lot of risk in holding bitcoins at the moment but it is sure to stand in the coming time. Keep holding and make the right choice, don't take the chance of investing more if you can't deal with immediate loss. It's a long run game.
Actually you got it right maybe we call it a risk my friend but theres always a circumtances which holding bitcoins is the best we can do.We should be wise of our moves and think it how many times before we take our plan.But for me it is better to be holding bitcoins because it always got up hight it's value. You have your point! Actually whatever you do will be risk. Either you hold or sell. You should listen to your wisdom and inner voice to decide what to do. Because if you listen somebody else and it fails then you get more angry. If there will be a mistake let it be your own.
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Only a few years ago we had a growing number of shops here in berlin that you were able to buy food and/or drinks from for bitcoin. Right now there are no more of these stores left. And most of the sellers I used to buy things from on the big marketplaces now refuse to trade bitcoin too and changed to etherium. I know for those people that think that bitcoin is the new gold it is not that bad but bitcoin was "released" to be something completely different. Right now bitcoin is no real crypto currency at all. Buy a coffee for 2,5 bucks and pay 25 bucks fee.... sure.......... In my opinion bitcoin completely failed because of these fees and I sold every last satoshi and invested in other crypto currencies. Is there a single reason to stick to bitcoin? If yes, please feel free to tell me!
who would you buy a coffee using bitcoin? dont you have cash, lol but i see your point, your example are too simply not to be ridiculed at, sorry. As for the fees are concern, true, it does make bitcoin fall (partly) though it is not the main reason for this fall on bitcoin, you have to consider the trend which newbies follow. the fees are already there and given, that is how trading goes when you deal with exchanges. maybe the stores in your place only tested bitcoin's capabilities to compete with fiats. they are also experiencing hassles in their own exchange sites, so they stop and the other stores follow. what matters is what you believe, believe in bitcoin and make other investors to rely on bitcoin too. do not post negative stuff like this, the only way for bitcoin to go up again is to keep it for a while and make room for law of demand. Yes, that is not the main reason for bitcoin's current fall but anyway those high transaction fees are one of the major obstacle that btc was struggling with. His example is actually right. When the blockchains are integrated to our life completely and even if you buy very cheap things you'll have to pay way more. Totally agreed. Those amount of transaction fees and transaction times became ridiculous. I know recent drop is not related with these problems but anyway it effects bitcoin's future directly, especially scale-ability issues.
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Hey everyone,
Just wanted to tell you about Cindicator (CND) which is a pretty new coin.
What's remarkable about CND is that there's already a usable product that's out. Essentially, CND is a prediction product. It uses an average of human analyst predictions and AI (artificial intelligence) to make highly accurate predictions.
It is also the coin pick for January from the Palm Beach Confidential, which is probably the most accurate and profitable research publication for cryptocurrencies. (You can get their full report below).
Anyway, CND has a prediction accuracy percentage of 72% right now, which is incredible. Definitely worth looking into, guys.
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Brought to you by @charteroakpublic - a Telegram (anonymous chat) group that leaks picks and information from premium sources like Palm Beach Confidential.
I really feel ashamed because I also wanted to buy last week but I couldn't arrange my investment money in time to buy. And see what happened? Because it increased so sharply I don't want to buy now.
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The idea is very good, I thought about it for a long time Most likely I'll leave them a small amount of bitcoins, even if they fall because it is not known what will happen in the future And so I have already prepared for complex and emergency situations
I will probably do the same. I'll prepare a portfolio which has little bitcoin and little alt coins. If one of those alt coin survive and grows then they will be happy otherwise I will try to leave them some stocks and maybe house if I can.
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I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
Well i think its not a great idea to sell your house. What if the value of bitcoin falls it means you losses your investment. So better think wisely before doing that. It is definitely horrible idea. Number one rule of investing is you should not risk more than you can afford. if you have 50 houses then alright you might invest with one of your house but it is the only house you have, you better don't risk it.
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social media is indeed spreading news about bitcoin so more people are interested to invest their money in bitcoin, I think social media is indeed a spreader of information about bitcoin
that is true actually. if we analyze the last 5 years of bitcoin's progress, at least for the last 2 years social media had a lot of influence on bitcoin's price increase. because people who heard about cryptos came to invest.
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Simply because they wanna make profits from it if they buy it in a low price.
To answer this question, the reason why peopl sell bitcoib is basically because they want to earn from profit from selling it. And alao they see when the price of bitcoin get high because they could get a huge return from it. Well this is just one reason and most of the time there are other reasons. One of the most popular is panic selling. When price drops more than %10-15, people get fear and afraid that they can lose everything so they start selling in panic.
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It gives us to earn money easily by online.And I wanted to know how the money comes as Bitcoin.It very impressed me.
I am agreed to this because myself couldn’t imagine where’s money came from and my friends thought it was a bad habit that money came out of nowhere. That is true. It gives us opportunity to make extra money addition to our jobs or it becomes a job for unemployed people. Second this I like the most is how crazy volatility it has during the day that gives us tons of chances to buy and sell to make money.
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