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For every prediction of bitcoin to reach $10,000 in no distance time to me is just a mere assumption which may happen and may not happen. In my own opinion, it will take mass adoption of bitcoin or something extraordinary will need to happen in favour of bitcoin before such a height in value could be reached in time to come.
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I will like to know the reason why after bitcoin reached the maximum value this month it has been decreasing on a daily basis just at the time i wanted to invest the uptrend just changed suddenly. is there any hope of further increasing as some has speculated that it will reach $5000 by the end of this year?
One cannot be optimistic as to whether bitcoin value will reach $5,000 before the end of this year. Although the recent decline or nosedive as you rightly put was as a result of China ban on bitcoin local exchange and ICO activities. |
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If there is great opportunity to buy bitcoin at a lower price and you don't have the money please don't be greedy to go and borrow money because of bitcoin investment, because that maybe disastrous especially when the table turn the other way round. So, i will advise you not to be greedy whenever you see an entry point opportunity and you don't have money to invest.
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I don't really believe that bitcoin has reach the level that we should expect serious correction at the moment, this is because the last correction was as a result of local exchange ban by the Chinese government. For serious correction to start at the $4,241.24 current value as at the time of this post, it required world event to take place. If not , i don't think bitcoin value has reach the maximum let alone time for serious correction.
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Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?
Trading is a good way of earning bitcoin though it require skills and knowledge of how trading in crypto currency works. Mining is also profitable but it require huge capital to buy the equipment and the cost of electricity is another major challenges. |
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If you've made a lot of posts in a thread and it gets trashed then your post count will go down. Don't post in unsubstantial threads that are liable to be deleted if you're worried about this.
Now I know what had happen to my post count that decreases instead of the count to increase. Some time in August which almost made me lost my weekly pay from the campaign that I was promoting at that time and another just happen this week. Many thanks hilariousandco for your reply to this guy threat. |
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We know that Bittrex and Poloniex are the most sought after exchangers. But I want to know which one is best to trade? and I want to know why. Thanks.  I have not make much trade on Bittrex but I mostly use poloniex which most time gives me what I needed in trading crypto currency. And that has made me to prefer poloniex to any other exchange company, even during the 1st of August event that many were saying that is not safe to leave your funds with any exchange and online wallet, I left about half of my money with poloniex exchange and at the end, Bitcoin Cash doubled my money for me. For me, I prefer poloniex to bittrex. |
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Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
Well, there are some of the ICO that are good and legitimate and at the same time, many of them are coming up with shit project of which one need not to invest his/her money in them. All depends on your due diligence exercise to know which one is good and legitimate for you to invest your money. |
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Where do you find interesting ICO or crypto projects to invest ? Here on bitcointalk announcements or on other websites related to new ICO announcements !
To my understanding bitcointalk forum here is the largest and best place for one to get information on new project. One can get good project that is newly announce for pre sale of their ICO, just like Graft which is a Decentralised Universal payment processor and am currently promoting their project. |
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Most of us have a daily responsibilities.
How do you manage your time in trading and in bounty campaign as well as researching for the news and updates of your favorite altcoin?
Prioritising your day to day activities is key in time management. Just like when I was a student in the University those day, I use to have my personal time table which guide me on any minute or hour I spent on each course and other activities while in the university before my graduation. Since am not currently a full time crypto currency trader, any time am online I do check Poloniex and Bitrex to see whether there is an opportunity for good entry point and if there is none, I usually log out and continue with other things online. |
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We all know the advantages of BTC, but what are some of the disadvantages??
As you already know the advantages of bitcoin, so also most of its advantages could be turn to be the disadvantages. The anonymity of bitcoin is one of the disadvantage, easy to transfer funds internationally could lead to money laundry from one country to another. |
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I don't think such ban will not happen again and if it eventually happen, it will be on those exchange company that are not playing by the rule of their country which i think is hygienic for the success of bitcoin business in China.
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
Trading in crypto currency is not an easy job op. You will need to have a good knowledge of the coins that you want to trade before you buy them. And that is not all, you will need to know more about technical and fundamental analysis to enable you succeed in trading crypto currency. |
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You can share what you know?
What i know is that there is no rule for when to sell or buy. Buying bitcoin and selling bitcoin is the same thing with buying goods when its value is low and sell when its value increases. Since your intention is to make profit as an investor or a business man, what you need to do is to buy low hold for a period of time and sell high when its value appreciate. |
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Investment is the only way for you to have future income through bitcoin, and there are so many ways in which you can invest your money in crypto currency. Trading is a lucrative business if you have the skills and the patience it take to trade, investment in legitimate new project during ICO can earn you a huge profit on your investment. My future plan is to invest in legitimate ICO and buy top ten altcoin, then hold for a long period of time.
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Best Buy is now. Neo is building a strong base here and will go to at least $40 when redpulse launch the ico.
I believe you OP, NEO may reach $40 in no time soon, and I will encourage you to buy because at the current market value is not too late for there will be a huge profit awaiting you at the end of the tunnel. |
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More and more countries are planning to regulate ICOs. China, Canada, Russia,... I think this in an development nobody can stop. Do you think it is good or bad that ICOs will be more regulated in the near future? What positive and negative influences will it probably have?
I think there will be more investors like professional managed funds or even retirement funds which will invest into ICOs. The prices for ICOs will then become even more expensive and make it more difficult to make profits for small investors.
Regulations of ICO is not a bad thing but a welcome development, this is because if the government allows ICO to continue operation the way it was, I believe it will definitely affect Bitcoin and crypto currency in general negatively. Negative effect on crypto currency because, so many people have lost trust in ICO in recent time reason been that many of them are shits project without no good intention for investors who invest their money. |
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China FUD actually affected the market value of Bitcoin,but all the same Bitcoin is back to $4,000 and above with full force which signifies that no developed nation can single handedly stop Bitcoin or any other cryptocurrency and the whole world will follow suite. It is really good for the Chinese citizens because they will be the one to benefit more from Bitcoin, if Bitcoin is legalised in China with some level of restrictions or regulation. |
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