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While they may be in direct competition now, altcoins may eventually find their own niche an work in accord with Bitcoin, with each performing its own specific role in the market. For instance, smaller transactions for Brick and Mortar stores could utilize Litecoin or Dogecoin, while Bitcoin could be used for larger or interstate payments. For untraceable transactions, we can have Monero, and Etherum would be the go-to currency for smart contracts.
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I would say yes. Rather than the projects that are already listed on exchanges. Many of the projects you can find on Coinmarketcap are from the pre ICO times where there was just an announcement that on day X there will be start of mining of that coin. Usually the creators premined some of the coins and the rest was just mined out by users. Then trading started and the price discovery process had begun. Then we have projects that had an ICO but are now listed for an iteration of the offering price. What I am trying to say is that in terms of the projects that are already being traded it's hard to value them. If the Ripple coin was worth 200 million dollars just 2 months ago but now it's worth 5 or 8 billion, it does not mean that this value is backed by some strong fundamentals. It's the last trade price multiplied by the number of tokens. Think of traditional stock exchanges.
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Yes of course. I see that it's a reliable and profitable coin: -Potentially revolutionary technology with the potential to impact a whole spectrum of industries -Amazing dev team. Read their blog posts and check them out on Github, Gitter and Reddit. These guys are on the edge of the state of the art. -Great upcoming Dapps (decentralized apps, essentially businesses that use Ethereum for core fuctions): betting with Decentralized Prediction Market | Augur Project going into beta soon, big hype for Slock.it's upcoming crowdsale, super ambitious mammoths like pseudo-bamk Maker, incorporate on the blockchain using Incorporate with Otonomos - Online Company Formation and Governance. -Making waves in the established industry: Microsoft offers Ethereum as a blockchain-as-a-service, IBM's in the game too, MIT teams are doing active research and even proposing their own alternatives (Lisk - Decentralized Application Platform) -The second biggest market cap after Bitcoin only, and one of the most popular cryptocurrencies ever in terms of volume and buzz. Conclusion: worth it (IMO).
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So simple the topic is, write here a list of your holding coins and maybe how long you hold each coin until yet!
I start:
- BTC - POT 6m - ETH - xp coin 1w - ripple 1y
Go! I hold BTC, ETH, XRP, NEO and just recently LTC
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Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today. If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
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For me I'll take a thorough look at the coin market now, BTC has witnessed dramatical changes through the last few months. I just sold some and am still hodling some. I'm not sure whether it will remain approximately $10000 or not.
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As the market capitalization of the cryptocurrency market shoots up, through price movements and a surge in new tokens, regulators around the world are stepping up the debate on oversight into the use and trading of digital assets. This affects all cryptocurrencies, but especially bitcoin, given its market leadership and integration into the global startup ecosystem.
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No I dont think so, ETH and Litecoin (and other powerful coins, too) are proved to overtake BTC in the near future, and they have a team behind, also a good platform to develop more and more.
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The Bitcoin Energy Consumption Index shows that global digital "mining" of bitcoin consumes more energy than 159 countries. Nearly 10 U.S. households can be powered for one day by the electricity consumed for a single bitcoin transaction, according to the group, according to Digiconomist. In other words, it takes a whopping 29.05 TWh (terawatt hours, equal to one million megawatt hours) annually to operate the energy-hungry computers and networks that power bitcoin transactions. That's about 0.13 percent of total global electricity consumption. But do its benefits outweigh this drawback?
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I suppose it's a good news from this big corp. Samsung's shift toward manufacturing processors for the crypto mining industry marks an expansion of its existing chip products, which reportedly accounted for more than 60 percent of its 2017 operating revenue. - from coindesk.com They see the potentials of crypto market, let see how Samsung S9's chipset will be like in in terms of mining.
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Originally, the dominant Bitcoin price prediction was that Bitcoin would reach the $14,000 mark by mid-2018. However, recent developments have blown that prediction out of the water, and optimists are hoping that Bitcoin will break through the $100,000 barrier within the next year. In fact, some people, including CNBC’s Jim Cramer, are predicting that Bitcoin will go as far as shatter the million dollar threshold one day.
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wow, that's such a big amount of money i can not know what to do with that money
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1.Bitcoin Checker is one of the most popular cryptocurrency apps. This rock solid app is a go-to for many people who use cryptocurrency. It shows you the up-to-date prices on most cryptocurrencies all around the world. It features a simplistic UI, but the simplicity works in the app's favor due to the amount of information it shows. Whether it is Bitcoins, Doge coins, or something more obscure, this app will probably have information on it. It's also totally free to use. 2. Bitcoin Price IQ is quickly becoming one of the go-to cryptocurrency apps. Its main function shows you the current exchange rate for Bitcoin. It also supports 165 other currencies worldwide. That way you can see how much yours is worth in whatever locale you happened to be in. The app also offers historical charts, high/low alerts, and even other types of currency. Even the design is nice with this one. This is a good one for minute-to-minute changes. However, the alert system doesn't work for all currencies. 3. Bitcoin Ticker Widget is a quick and easy solution for people who want to know the current exchange rates of various cryptocurrencies straight from their home screen. The app supports dozens of currencies and the widgets are made in such a way that they should fit on most themes. The app that accompanies the widget is fairly useful and simple to understand. You can also set multiple widgets for multiple currencies if there is more than than one that you follow. It's a good way to keep up to date if you're a fan of widgets. 4. Blockfolio is a financial app aimed at cryptocurrency users. You'll be able to glance quickly at your cryptocurrency investments. You can also have it send you notifications when prices reach a specified threshold. It tracks over 800 currencies right now and you can get details about each one. There is also a news section if you're interested in keeping up with what's new in the industry. It's completely free which makes it worth a shot if you take this kind of stuff seriously.
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of course I really like crypto curency because for me crypto can bring me to be rich
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I think the best time to buy bitcoin is when everyone sell it!
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Keep track of all my expenses—that means every coffee, newspaper and snack you buy. Ideally, i can account for every penny.
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