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Price stability will only be possible if the marker cap is way way higher. Right now it is too easy for whales to manipulate the price. If the market cap becomes a few trilions of dollar it is surely goana be more stable.
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The time to buy was yesterday when the market was dipping. Now the price has gone up and there might be another dip very soon. Just look at what has been happenning in the past weeks.
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What do you mean by going dead? Sure it is struggling now and it might not be the number 1 coin forever but I don't think people will completely stop using it.
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This can be huge for BTC and for the crypto market in general. Samsung is a huge company, and this goes well it will help the market in two different ways. First it will reduce fees as hashing power will be cheaper and easier to get. Second, if Samsung manages to make good profits, it might consider to invest in other aspects in the market, and surely other big companies will follow this path.
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There are countless of threads about how to earn your first bitcoins. This is actually a great strategy to get some first capital to be able to dive into the crypto market. Bounties is great as if you are patient enough you'll eventually hit a good bounty campaign that will yield you good profits. After a year or so you should have enough funds to be able to start investing in coins and ICO rather than bounties.
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I think it will probably happen sometime in the future as BTC technology is kinda old and there are much better technologies now. Bitcoin still enjoys it's momentum and it will take quite some time before he loses it's place at the top of the MC.
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No panic I agree but there are surely many alts that won't ever recover for this big dip. There were lots oh alts who were heavily pumped without a good reason. Those are the ones that took the hardest hits and I guess it's game over for most of them.
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Do you think BTC price can keep it uprising? I was really kind of worried watching the price slowly starts rising then now it goes down again. What will or would be the result if it stays that way more price down movement than price hike movement? I wish Bitcoin will recover soon. There's no way that it can't fully recover with this. Bitcoin is still volatile so its recovering phase won't be totally continuous. So be patient and just hold. Avoid selling and if possible invest to it now since the market price of it is currently low. The moment its value begins to move up, profit will surely be earned. Backdrops are just temporary and also, it is a natural phenomena especially with cryptocurrencies. So just relax and hold. How can you be so sure that bitcoin will recover it's price of the end of last year? I think the price was way too pumped and the correction wasn't late to come. It will take some time before the price goes anywhere close to 20k$ again.
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Looks like the big drop is over now, but that doesn't mean there will be a large increase. Price will probably go back to around 10k$ and will continue with the dips and recovers for a while.
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There are legal issues involved here. Every country has different laws and it can be a real pain to figure where the transaction is made from and check their laws regarding charge-backs. This is a hell of a mess which most people prefer to avoid.
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It's a little bit naive to think that people here has any real effect on the market. Even if some people have enough BTC to actually be able to make a difference, those people certainly don't care of your opinion and they have different interests.
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Everyone says to learn from the history, but who said that history must repeat itself? Bitcoin is not in the same position it has been a few years ago, it has gained huge media attention and governments want to either end the party to enjoy a cut of the shares. This can affect bitcoin dramatically as institutional revenue is not something the market has dealt with before.
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Haven't you seen the charts of the last two months? There have been so many dips and recovers, how can you say for certain that the bear season is over? I think this will last for another few months now, don't think we will see steady increase in the price before the end of the year.
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What will you do with unsold tokens from the pre ICO and from the ICO? will they be burned? I can't find any information regarding this.
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A very important advice that you forgot which can be relevant to many people is: #11 unless you trade very often, always withdraw your funds from exchanges and store them on offline wallets. It's not just the security issue (which is a big deal by itself with so many exchanges got hacked recently) but it simply gives you more flexibility on your coins. Every other day there are bad news on exchanges that raise they fees suddenly/take very long time to approve withdrawals and other things that can get you stuck with your money on the exchanges.
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Don't think it will reach bitcoin price, but it can certainly reach it's market cap. Right now bitcoin's market cap is ~150 bil and ethereum's is ~100 bil. Another dip in bitcoin's price and a rise in ETH can make it happen.
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Bitcoin was way too pumped last year. Everything that has been happening since then is just a long price correction. I also believe it will go up eventually but it will take some time and a few more dips before that happens. Hopefully towards the end of the year we will see it reaches 20k.
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One way to solve this is use 2 Bitcoin accounts, one with most of the funds, with the private key secured in a bank safe or somewhere safe, and the other with a small amount of funds for daily use. Of course if someone is daily trading with a large amount of money then he would still have that problem but this is true for any person who deals with large amount of money on a regular basis. In this case he simply should do his tradings from an office or somewhere secure and not from home.
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You might be right but I will give bitcoin some time. Things are not going very good for BTC now, with bad news coming very often, but that doesn't mean it won't recover. If this keeps for another 8-10 months from now then I think we can start to worry.
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I still don't get it, why do people join those groups. Everyone with a common sense can see it's clearly a scam. If you want to create a price pump, you need to have a significant amount of the coin. Now, those groups contain mostly small investors, with a few k$ top. That means that large market cap coins are out of the question. That leaves the very small market cap coins, which usually also have a very small trading volume. that means that most of the price pump will come from the funds of the pumpers, and when the dump begins, there will be not nearly enough buyers out of the pumping group to buy at the pumped price.
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