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China owns +95% of all crypto's on earth, so they don't care which one wins, they own them all, this is called a fully covered bet, they cannot lose.
bitcoin will fall below ripple in cap in 2019, the writing is on the wall, just like lotus-123, being first doesn't make you a winner forever, just once at the beginning
Hahaha, Bitcoin fall below ripple, dude are you serious?
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I saw more trolling from BSV people. Remember BSV fans - Bitcoin is always the king. If somehow Bitcoin fails, BSV and all other alts will fail.
Lol - do u want to predict future like Netscape guys did ? I guess you are making mistake to compare Netscape which is a tool to Bitcoin which is a revolutionary currency or a new type of Store-of-Value, which is primarily based on consensus. It seems to me it is more appropriate to compare Netscape or other legacy tools with BSV - considering BSV people wants their chain to become the new "Internet". Tools always got beaten by newer tools, so does BSV. It is going to be very difficult to build consensus for a new asset class such as Bitcoin as a new form of Store-of-Value, but once it is built, it is almost impossible for it to be replaced by other similar things such as Alts/BSV. I think we are not going to convince you, it is fine with us for you to keep your "true" Bitcoin - BSV.
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I saw more trolling from BSV people. Remember BSV fans - Bitcoin is always the king. If somehow Bitcoin fails, BSV and all other alts will fail.
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Dude, you have to understand what Money really is before putting your hard earned money into any Altcoins. What makes you believe that some Altcoins have the same power as Bitcoin does? Even BM who created EOS reportedly owns 140K BTC. Why doesn't he just hold EOS instead of BTC, many believe that EOS is Blockchain 3.0 and much superior to BTC
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not all price decreases are "bearish trend"! so you can't just call what we had in the past days as a "bearish trend" it was simply a correction that triggered some manipulation in some whales who wanted to fill their bags with bitcoin at a discount which is why we saw that big drop but since we are still in a bullish trend for the past 4 months the price jumped back up as they can't keep it down with manipulation when the trend is in the opposite direction.
not to mention that your title doesn't make any sense! bitcoin "holders" don't care about these short term fluctuations. whether it goes up and down 10% or 50% in one day is not going to change anything for them because they are not day trading.
Can't agree more!
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I think this is another FUD from CSW, he talks and brags too much, an honorable person doesn't behave this way. If it happens that he actually has such a volume of bitcoin which I doubt, we will gladly buy for a cheap price.
How you expect to get 10 Billion dollars from someone who does not have them? He gets sued. Why would you even go to court, just to waste time? Has everyone become brain dead. Ira doesn't care if CW has or has not 1Mil BTC. He just wants to get the asset whatever belonged to David back. It was CW who claimed that he and David owned 1Mil BTC so that's where Ira coming from to sue CW. I believe Ira wanted to settle with CW but CW didn't agree with that.
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I 100% support this boycott and I also relay this proposal to other Bitcoin forums.
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Mass adoption does not mean that everyone should spend Bitcoin for daily purchase. For my case, hodling the BTC already means that I have adopted BTC, because my need is to use BTC as a means of "store of value" instead of "medium of exchange" and BTC perfectly fits my need.
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Haha, this is exactly showing the advantages of Bitcoin vs. the traditional banking system especially in a country where its banking system is not sound. With Bitcoin, you have full control of your money and there is no such "rush money" in place.
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I'm surprised no Chinese cities on the list, China has the most powerful exchanges、miners. In Hangzhou、Beijing、ShangHai, these cities also have many geek teams are working on new business scenarios.
The thing is, the Chinese government is the most unfriendly government in the world against Bitcoin. After Sep 4, 2017, all Chinese exchanges have been forced to move out of mainland China. The Chinese government calls for so-called "no token" block-chain. They wanted to utilize the "Blockchain" technology but not welcome Bitcoin or any cryptocurrencies at all, since they believe that non-govementent backed crypto currency will jeopardize their financial security and lose the currency war.
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Investing is a very personal thing and it has to be planned carefully according to everyone's situation. In terms of crypto investment, the only coin that I see long-term value is still the Bitcoin, because of its consensus. The consensus is much more important than the technology that other ALTcoins claimed to have, since all cryptos are open sourced and it is not difficult to integrate those features to the Bitcoin if the community sees it is necessary.
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Are we going to have x2 coins with the fork ? If yes, will Binance give the forked coins?
I guess it is better to transfer the SC to your own wallet/SIA-UI. As long as you own the private key, you should be able to extract any future forked coin. Do not count on the exchanges.
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I have a belief in Bitcoin, but I think Bitcoin and fiat will co-exist for a long time. The fiat is backed by the state apparatus, and the Bitcoin is backed by mathematics. Both sides have the reason to exist for the foreseeable future.
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Although I am running a sync'ed Sia-UI wallet, most of my SC is in Bittrex. I guess there will be a "Sic-Classic coin" post the fork, and in order to be able to get those coin, I think it is better to transfer the SC from the exchange to the wallet, in case Bittrex does not support the legacy SC..
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I personally have been hodling Bitcoin for a period of time (>2 years), and there is no reason for me not doing so for the foreseeable future. I would buy more if the price keeps going down. Keep in mind,very few people can make a profit in trading anything including Bitcoin. Comparing to the whales, a retail investor lacks all the resources that can help him/her to consistently win in trading. So my thoughts is that, hodl if you have believes in Bitcoin, and it is the best approach for retail investors, IMHO.
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I think if the price stays at $6,000 for a period of time, it definitely is not bad. It was too crazy last year when the prices increased by almost 20x from bottom to top. I am willing to buy more at $6,000 or below, and the Bitcoin with a stable fiat price would make itself become more like a "stronger" currency and harder to manipulate.
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I cannot find the final date for the hard fork, but finally the shoe drops. I wish the team can then move forward after the ASIC thing coming to an end and focus on improving the Sia project itself. There are more competing decentralized storage projects coming out, I think the Sia team needs to hurry up.
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Yes, Chinese people use Alipay or Wechat pay on a daily basis for almost every kind of transactions. Even people on the street has a QR code for asking donation. But that said, Chinese government is one of the most hostile Gov in the world against Bitcoin. A lot of people that I know got their bank account freezed because of involving crypto trading,or selling crytpo for fiat.
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It seems manipulators exist in any investment markets. But since Bitcoin is still unregulated (maybe never will) , those guys can do whatever they want to reach their ultimate goal - making a lot of money. My strategy is simple: when those guys tanks the spot price, I buy. I am keep buying month after month. I do not spend a lot of money to maintain a normal life, I can put the remainder of earnings into Bitcoin when prices moves lower.
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As someone mentioned earlier in this thread, a down market is not always a bad thing for long term investors. just like commodity, there have been very clear cycles of bear and bull market to Bitcoin market. It actually a very good time to gradually put your money into Bitcoin when the prices going down. At the end of the day, isn't it a good thing that one dollar can buy you more Satoshis of Bitcoin in a bear market than it can do in a bull market?
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