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I think WTC has the best potential because of it's mining capability and the combination of three different proof systems it solves a lot of problems fortour operators.
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This will certainly be the beginning of the new era of blockchain tech.
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To be a successful trader you need to remember only 1 rule: When people are greedy be fearful. When people are fearful be greedy.
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two factor authentication is important if you really want to protect your wallet put it in cold storage and take out the battery.
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The price of bitcoin is falling but that is because people are taking profit. You never want to sell into a bull market you want to buy on the dips.
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An alt coin such as Ripple has the ability to take over BTC because the majority of people trust centralized as opposed to decentralized because in general people do not trust machines enough yet.
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The POW and POS systems have some hard flaws in them. The time is right for a new decentralized coin to combine the best parts of POW, POS and smart contracts and make a lightning fast platform with no transaction fees that can be used on any mobile device.
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Transaction fees make BTC difficult to use for payments in my experience, is Bitcoin really suitable for buying things online or offline? Or doing things like paying bills? When I use my credit card the fees are much lower and I get cash back.
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Why would someone choose to pay for something with BTC when plain ol' cash will do? Also with the transaction fees for BTC wouldn't you waste a lot of money spending it? Most people are looking at Bitcoin as an investment and I think that is a very risky proposition.
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It is possible for another coin to gain market share it just has to be more useful to more people
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They said the Titanic was unsinkable, but it did. That big banks were to big to fail, but they did. To say BTC is unbeatable...
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What types of other online activities can you do with BTC that are not gambling, trading, investing or dark Net? It would be great to hear ideas.
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If you want to be rich don't do drugs they are expensive and waste a bunch of your time. Take the money you were going to spend on pot and buy crypto instead. The rush you will feel ten years from now when you are a multi millionaire will feel better than any drug.
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BTC is being used mostly as the easiest way to enter the crypto markets for investment because everyone sees it as a universal coin accepted by almost everyone. But what many people don't realize is that there were many crypto currencies around before BTC. It's not unique, so why does everyone want to buy it?
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Bitcoin mining is never profitable in the present. Miners mine currently betting BTC's value will increase later. The market is dependent on fresh money investing in BTC futures. A price crash is coming soon. Smart investors will buy on the dips. Naive investors will panic sell at any price and give their money away.
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I agree with you, BTC is the gold standard in Crypto and a great investment long term. It was the first and has made many ordinary people with an interest in the web into multi-millionaires. However we are on the verge of a BTC price crash. Savvy investors will buy low at the cheap prices. Naive speculators will lose their asses panic selling.
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Mining Bitcoin requires so much computational power and electricity that is unprofitable unless new money comes into the market to pay for the expenses. But ask yourself, if you are not an investor, once you get your bitcoin what will you do with it? If your answer is get rich quick, sell now and cut your losses.
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In order for a crypto currency to be successful it has to fulfill a need. QAU provides liquidity for the Ripple market. NMC provides data, dns and info censorship free, XRP is used by banks and BTC is used for...does anyone really know?
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If you want to buy drugs use US$ cash, by far the most anonymous currency.
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If you consider BTC to be an investment can I ask how long investors plan on holding their position without cashing out? 5 years, 10 years or 15 years and more?
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