There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018. With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier! It just increases risks of any Fraud. Small companies often are at a risk of shutting down with so tough competition. The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed . Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges. I strongly believe that a regulatory body should tackle this and then make a decision. I think is negative in it's own way. Share your opinions below , do you think it's positive ?
I think It is good thing, too many crypto currency is good for trader and investor. They have many chance.
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A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
Yes I agree We can use bitcoin to get alot profits. It is the future currency
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To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money
For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
yes , I think Money will make rich. By money we can invested in crypto currency.
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"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesnt mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks Government can affect the price of crypto, but The government can not control bitcoin over, The cryptocurrency is designed as an instrument that is not controlled by the government and I think that the future of crypto is great in the future, I believe it.
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"Soon" would be in the next 1-3 years or so.
One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.
So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?
I currently assume it does not exist yet. However, these developments move quickly, everything can happen. Lets see.
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
Yes, It's true. I strongly agree that you should not sell tokens at once, but you just have to wait, if the project is worth it, then they will definitely go up. I have done it. Be patient and wait.
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I'm currently investigating how to stay under the radar with regards to the profits made from crypto.
So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.
Added, I stay in a corrupt country where large scale government corruption is the norm.
Any help will be appreciated.
PS: Is the idea of crypto not to be anonymous.
I think, It's very difficult, but the same thing may happen. It takes a good time to achieve the same thing, because you need to limit in the withdrawal if you want to remain anonymous. Fulfilling those limits will let you move accordingly instead of just pulling large numbers and being caught under government supervision. So, keep calm and be careful. It is my opinion.
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why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?
whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
I think printing a lot of money goes against the law Economic supply of money and demand in relation to interest rates, purchase rates and inflation. More money in the circulation of more inflation. It is my opinion.
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Of course.Bitcoin has played an important role to make Blockchain run and put it in place as it is now. But I firmly believe that although Bitcoin fails in the future, blockchain technology will win. A new coin coin will appear. Hundreds of fascinating applications are launched on Blockchain technology and some of them will get a definite appeal. we will see.
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Hey guys, what do you think, should i invest now or wait? Market is in the red zone, so it is quite risky to invest now, want to hear your opinion.
Yes, I think it would be better to buy now, and gradually sell it to your target, because the price is low. That way, you get a high profit in no time. The market is very volatile, take advantage of this. I personally prefer to hold and wait.
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What is the best choice regarding investing in these coins? Lately I have sold my Ethereum and now I am waiting for the right moment to buy them again, but shall I also buy Ripple and Litecoin? Yes, I think I prefer Ethereum than any other coin you mentioned. ETH in my opinion has great potential for more growth. This is a smart contract blockchain and more applications will be used on the network that will make it more. It is my opinion.
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With all the good news coming out in favor of bitcoin like Expedia accepting bitcoin etc it's time to buy with the price going down. You will not be so lucky next week. I strongly believe it's going to reach $700 by end of next week! In my opinion, in fact now is the right time to buy. Low bistcoin price. It is the right time to buy then hold it. Wait until the price is going up.
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In my opinion, selling bitcoin at a reasonable price is not a foolish decision. The stupid decision you can make with bitcoin is that you can sell your bitcoin for a low price or during a bitcoin dump. So when the price is low, You should to hold bitcoin.
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When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy% I don't really spend much of my Bitcoin , because I am always in fear. I am not talking about cashing out , but for digital goods. How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more. How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency I don't know how to make a poll here , so :- http://strawpoll.me/1793917This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received. Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency. EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so. maybe when the price of bitcoin is more stable and the Government accept or legalize bitcoin. It is my opinion.
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I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Yes, In my opinion the better option is to invest directly, not through others. You can buy bitcoin with fiat. Keep it in your wallet and then wait until you see the profit. because bitcoin is real and promising, not a scam. I would rather do that, than lose.
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Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
I think the impact of BTC in the economy of the country is the unemployment is reduced. Many people choose to work here because they can spend time with family in their homes during activities and I think working on crypto gives more profit than people working in the office. I like it.
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Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin wont exist long term.
Yes, I personally believe Bitcoin will remain dominant. Because Bitcoin is so popular, Bitcoin is the best crypto.
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund. So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it? What will be a wise kove to do with the noney you have saved up?
In my opinion, Emergency Funds do not have to be deposited in a time deposit account. A time deposit account has a special time before you can withdraw it and you never know when you need it. It is also unwise to invest an emergency fund because you are doing away with the primary purpose of the savings. You should keep it in the bank for emergency needs.
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
yes, i think so. Their ignorance will affect the market. News in the media can affect people's opinions, This news may be incorrect.
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