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Always stick to your plan, doesn't matter if its the best or not. You can do a coin flip and trade 2:1 and still, eventually, come out with a higher position. The moment you step outside and try to do some reckless trading due to FOMO or FUD that is when you lose.
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People need to understand that by taking away trust from banks (and credit card, payment companies etc) you also acquire the responsibility that was entitled to them. Now no one can take your money unless you let them. The freedom granted by bitcoin also gives you the responsibility to research where and with who you spend your bitcoin.
Finally, if you get scammed, hacked, bamboozled then you learn from it, lick your wounds and become wiser in how to prevent these risks. In this bitcoin space you need to put the big boy pants and be more proactive. DYOR.
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The market cap in cryptocurrencies is quite low. This makes it really volatile as is easier to have big pumps and dump, this makes it really risky but also really profitable. Another factor to take into account is the devaluation and inflation of FIAT and the crazy negative interest rates on savings. As everything the higher the risk the higher the reward, but keeping in mind you can lose a lot. Finally, some risk management techniques helps quite a lot into managing when and how much to buy/sell.
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Looks like hashrate is back up. I think the real reason is simply a lot of people wanted to sell/short, price increased quite a lot from 3.2k. Also CME (Paper bitcoin) had a lot of shorts with high open interest, that also fuels sales
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It is my earnest hope that the reemergence of sound money will cause corporations to finally look beyond next quarter's numbers.
bitcoin can and will change a lot of things. i doubt greed is one of those things. personally i am not the greedy kind of guy regarding fiat. but boy, when it comes to bitcoin i experienced me being greedy to an extent it started to make me wonder. boeing got caught in the same trap as the german car industry: too big, too powerful, lobbyists too successful, decade after decade... that is one of the reasons why start ups sometimes are able to beat the behemoths. and yes my friends, that is also a part of the reasons why we will win the race for sound money. btc price in the vicinity of 10k per btc is actually a sign we are winning already. Here goes my last merit. It sounds like me. I never was a greedy guy regarding fiat. But soon after I went into Bitcoin, I became so jealous of those having 100+ bitcoins. I make everything possible, without going into debt to the banks, to invest all into it. I too think that building such a strong support at 9.7-10.3K is huge. In 2017 for several months Bitcoin made 6x+ increase starting with the last long support at 3K. With a support at 10K we can expect either an explosive run to 50K+ or more gradual increases with other major resistances turned into supports. I am willing to wait untill we are above 100K, and gathering nerves and courage to endure all the coming crashes. I am convinced that 40K+ will be touched without much hype just by regular mass adoption. So what is the point in selling most at this price? I personally will be tempted to sell something for sure, because it is an important price goal for me. I will sell probably 10-20% just to buy land where to build my future house. I hope to be able to hodl until 120K or something, even if it takes more than 5 years for that. This is my hopium Everyone needs some hopium to live. No matter how dark or dull looks the present situation. There is always the hope. No troll, no chart, no government, etc. can steal my hope, if only I hodl firm! (After all, the other meaning of hodl besides the original misspel is Hold On for Dear Life.) We always enjoy some hopium, but for sure I will sell some if we go 20k again, maybe 10% but this is only because I expect a strong resistance there and wait to buy more once a correction happens. Long term im Bullish AF, but its always good to accumulate more if possible.
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Hashrate and high difficulty in PoW is the bread and butter of preventing a 51% attack. This is one of the features of BTC and why there is so much trust in it compared to other alts
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a good research question could be "Why is the income purchasing power getting lower?" or "Who benefits from the current economic model?"
That can be expanded into the current situation, high level societal problem people need to spend more to buy the same.
The desired situation: your money worth for your job.
Problem definition: inflation and printing more FIAT to bail corporation (could be less specific but the same idea).
Objective and demarcation: Finding a solution based on BTC, rethinking money and power balance.
Include some literature background and a nice discussion answering the why, and how. Then you have a good thesis.
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Metcalfe's law says that network grow proportionally to the number of users https://en.wikipedia.org/wiki/Metcalfe%27s_law. That is why google plus never caught on with facebook, every user was already on facebook. In the case of Bitcoin, this goes stronger, it is easier to jump from a social network to another. In case to go from BTC to alts it has a monetary cost so the jump is a lot harder. Also, BTC does not have a pre-mine, and Satoshi has never moved his stash from mining, giving more confidence.
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There is less supply from miners. Miner usually need to sell to cover expenses, this means less sell pressure. Also, there is a decrease in supply, if demand is the same or higher that means the price increases.
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Everyone knows the petro is a joke at best. No one really cares for it, even within crypto community. I think they will use it as a push to their own centralized currencies we are seeing more and more with China and other countries. Also, see whats happening wht Libra in Europe. If Petro has any influence is because it was used as an excuse for whales to dump previous months gains. However, whales would have used any other excuse to do it.
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Hi guys, what's happening with this coin and platform? How to earn from it? Why people must deposit 1500VIT in the site, i mean, what will be the benefits to do that? Is a platform like steemit, or..? Anyone can explain me please?
-what's happening with this coin and platform? The platform is up, touch.tube so far looks good but still requires some sorting features. But the main porn topics are there. I like you can watch porn without the annoying adds and advertisements, or the malicious links you need to avoid, and is free. Regarding the coin, there are two types of VIT at the moment. an ERC-20 token which was released during ICO and the native token which you earn in the platform. At this moment the ERC-20 can't be used at the platform, their only use is to create new accounts, so that is why is going down in price. Stuart (CEO) has already announced the transfer of ERC-20 tokens to Native VIT is almost ready and will be released next week. -How to earn from it? Similar to STEEM (VIT is a fork of Steem) if you upload a porn video you earn VIT depending on the votes the video get. If you vote on a video you earn VIT as curation depending the total amount the video earned. You can also earn VIT by commenting on videos and other people voting on your comments. -Why people must deposit 1500VIT in the site, i mean, what will be the benefits to do that?The 1500VIT you deposit are staked in your account (you need a certain amount of staked VIT in your account to interact with the platform (Upload, comment, vote). You can always unstake them after (takes several weeks like steem) but you never lose those 1500 they are yours. -Is a platform like steemit, or..?VIT works quite similar to Steem, the more VIT you have staked the more your votes are worth. And the more you can earn by curation. Adding to this, the community is great, its the first time I see a CEO interacting like this with the community. Finally, tube8 is almost done with implementing VIT in their site. And there is talk about cannabis companies wanting to integrate VIT (Automanseeds.com and copperheadgrow.com). https://automanseeds.com/automan-to-accept-cryptocurrency/If you are interested in VIT news you can follow their twitter account https://twitter.com/VITupdates
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Did it have an effect on Bitcoin
Facebook plunges 24% as of Wednesday
Is this a shitcoin chart? Nope. Just Facebook Gotta love the sweet sweet sound of Central Bankers dumping and going short on the very shares they've been propping up for so many years now. What a coincidence that they did it after hours, eh? That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).
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I would pick ETH and NEO, I still hold some EOS but is less than half of what I have in the previous two.
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Burger king also accepts BTC as payment
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It is not possible in short terms, maybe in 2-3 years ETH will have a shot to be equal to Bitcoin. I see Ethereum as the general who commands alt-coins but BTC is the king.
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It is never too late, you dont have to buy 1 whole BTC
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Binance just got a high of $16,111 I hope this trend keeps going up to $20,000
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coinbase is one of the biggest. However, it depends on your country
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I think that is too low, BTC will reach around $11,000 settling at the same price it was at the beginning of December, before all the "Main stream" media focused on it and started the roller coaster of bullshit. I call it the "Big bang theory" effect. If that show talks about it, it has become main stream.
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