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For now Bitcoin is the only coin capable of dominating 39.5% of 100% Marketcap. While the rest Marketcap controlled by Altcoins because the number of Altcoins more and continue to appear. So, Altcoins is more dominant than Bitcoin.
They both go hand in hand, without BTC altcoins would die and without ALTs bitcoin wouldn't flourish and stay on top. It doesn't mean that the dominance of BTC is the reason why it controls the market because there are lots of things to factor in. Anyway, have any of you guys heard about menlo.one they are an ICO marketplace? I'm planning to get more into ICO investment now that we aren't seeing much of an improvement on coins prices.
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Almost all of the ICO ratings and reviews nowadays are being fabricated, wouldn't trust much everything it says. One thing though, menlo.one is something that differs these kinds of fabricated ICO ratings/reviews. They have introduced this thing "guild system" where investors can really benefit.
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some of my friend use faucets to earn BTC but it's to very hard to earn anyone here to earn more BTC? somehow i learn INVESTMENT but it's also hard to me because some person are act like a demon. LOL. Faucets were profitable years before. Now? You'll just be wasting your time and effort. Investment is the easiest way to earn money through bitcoin, as long as you know what you're doing and just investing your money to the trusted projects.
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I had been mining XVG for the last two weeks, didn't know that's the current trading price of the coin right now. LOL I hope it will rise more than what I have expected.
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Thats a good advise but I think its too hard to follow and be made. By the end of your evaluation ICO also ends. Kidding aside, I think the most important part for me is the support it is getting, the no. of people supporting their project and the team (if they are responsive and trustworthy).
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That's good news. I hope this news will lead some positive movements on BTC, Is there any link to support this claim?
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But you are right, if we follow the logic of offer and demand, actually when btc goes down, eth should rise. This would be true if cryptos were the man trading factor. But it is not. When the price of bitcoin falls, it is because (amongst other reasons) people are selling their bitcoin. But they do not sell to buy other cryptos, they sell to get back their initial currency (generally speaking, fiat money, such as dollars, euros, etc).
I believe its because of the pairing Exchange Platform has. Most of the investors selling out because of panic uses BTC-USD, thus not making any changes to other coins. if the investors in altcoins are panic selling and are in fact exiting to USD through bitcoin, then what you are saying is that the altcoin dumps caused bitcoin price to drop not the other way around! is that what you are trying to say? because it makes sense that altcoin dumps cause a drop in bitcoin but i don't think it was the case here. What I'm saying is, when there's a panic selling. The pairing will always CRYPTO => FIAT and not CRYPTO => Another Crypto, that is why we see that when BTC is down alts will follow.
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But you are right, if we follow the logic of offer and demand, actually when btc goes down, eth should rise. This would be true if cryptos were the man trading factor. But it is not. When the price of bitcoin falls, it is because (amongst other reasons) people are selling their bitcoin. But they do not sell to buy other cryptos, they sell to get back their initial currency (generally speaking, fiat money, such as dollars, euros, etc).
I believe its because of the pairing Exchange Platform has. Most of the investors selling out because of panic uses BTC-USD, thus not making any changes to other coins.
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I am sure there will still be enough people who will be fooled by them. BCC lending platform isn't enough lesson for them to learn.
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Hello, Is there any percentage of how many successful ICO's than those who have failed? For me I think, investing on ICO is more riskier than just day trading or holding.
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Experience is a good TEACHER. So after watching and reading a lot how crypto trading works, you should start trading in real time. Not sure but there are trading platforms that enable users to simulate a trading without having funds. You can practice trading without losing any amount of money.
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Actually, Google can help you with that. Got this one for you https://www.youtube.com/watch?v=YACeMe6lIJc. It show how Basic Trading works. Although it will teach you about the basics. I suggest not to rely on those, trading can't be learned overnight.
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what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
The future of this kind of market is still good as long as there are still people believing in it. Second, nothing is needed to change in order to please the government. They will simply won't accept the fact that bitcoin is beyond their control.
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There's a bunch of shitty ICO on the market. It is hard to tell what is fake or not. So it is not a good idea to join ICO projects for newbies. Especially now.
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ICO's are very good way to make money. You can get the coins a low price, hold them then make a profit. But beware, a lot of scam ICO's exist too. You will need to look into them before jumping to any decisions.
Yeah in my opinion, it is much more riskier than trading. Because you don't know how will the ICO would go after it has gone to exchange. They are sometimes profitable but not all the time.
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In a sense, it is. But you can not call it absolutely free. If you act as an investor, you are taking a risk, and it can not always be justified. If you are a member of the bounty, you are wasting your time and resources. This is in a sense similar to work for hire
Yeah, pretty much correct. It is not considered as free because you work for it, you spend the time to get the free money at the end.
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Yeah, I think so, many scammers are now trying to create their own ICO projects to get investment from people and will suddenly runaway. I am not generalizing all of them, there are still few that has good intentions.
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I don't think it is possible, even middle specs computer cannot mine a decent amount of coins to sustain the monthly electricity it consumes. What more to a phone which I think has lower specs?
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