as if it is in the second place and nearer to the bitcoin then compare to other coins, maybe in future it may beat bitcoin
Ethereum does not directly control with bitcoin and for the foreseeable future this coin can not replace it. Now, no crypto currency can replace bitcoin until it loses its high level of capitalization, which provides it with a price dominance over the other types of crypto currency. When this happens and happens at all, no one can yet say. Of course, on the whole, I would like to see a market in which each Crypto currency would freely form its own price and would not depend on other currencies.
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I think that no decentralized crypto currency will become a single currency for the whole world. Such a crypto currency has too much volatility to qualify for this role. And another currency also does not have a great chance to become a single currency of the world. Many states simply do not agree with this, for various reasons.
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It can not be asserted that bitcoin depends on fiat. It simply compares to conventional currency so that people understand its price. To say a certain number of bitcoins, or even more satosh, it means nothing to people. To determine the value, you need to translate it into the usual cost measures for us. However, this does not mean that bitcoin will depend on this measure of value, which is the dollar or the euro.
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Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.
Of course this will be realized. Only this chip will not only be for payment, it will be multi-functional. In the world, the first chips for identification of a person are considered as a priority task for implementation. I think that the payment will be connected to it. Yes, it will. Such multifunctional subcutaneous chips have already been shown in fantastic films and about them are written in books, and what is there in fantasy later people come up with. Most likely, this information is from time travelers. Therefore, such devices already exist in the future, we just go there in time. However, I have never met in fantasy about crypto currency, or can not pay attention.
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Take your time now to study how market price moves in the crypto market. I had realize that those market price fall down are perfectly performed so that we can see how much potential profit may get if one will going to invest now. This is just like jumping up high and one must take down to the groud first before opposing the force from the ground to jump up high. I can say that the kick off for crypto market price increase will going to start up soon.
This is absolutely true. The crypto-currency market can not be long in stagnation. Whales also need a profit and they can not hold the market for too long from growth. Therefore, the market in any case should soon rise, there is no doubt about it. Moreover, there are no objective reasons for further downgrade.
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Everyone should understand that the crypto currency is very risky for investment. Here, as in any business, knowledge and a sober calculation are needed. Everyone who bought bitcoin in November-December of last year suffered heavy losses if they sold them, and if they did not sell them yet, their funds will be diverted for a long time until bitcoin reaches a again acceptable price.
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This is a rather lengthy process and is still unknown how it can end. Each state is free to choose a solution to legalize its own crypto currency. A decentralized crypto currency for the state brings more problems than good. Therefore, whether all states will legalize bitcoin and other crypto currency will depend on how quickly and successfully this process will take place in other states and what are the practical results of such legalization.
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States are delayed with the legalization of bitcoins and other crypto currency not because of the KYC check, but because the crypto currency can not be controlled and because of its high volatility. Checking KYC does not fix these problems. Inside its country, KYC can still bring certain results, but crypto-alaith owners can turn to exchangers outside the state, and to such that there will not be any verification of KYC. The KYC check only helps the government track our actions and does not solve anything else.
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Yes, most likely it is. Bitcoin was first deliberately pumped to interest investors to buy it at a great price and then, when he went on correction, began deliberately to keep bitcoin on a price day. Since bitcoin exerts price dominance over other types of crypto currency, the entire crypto-currency market lies with bitcoin. However, whales can not hold the market in such a condition for a long time, because they also want to make a profit, and for this they need the growth of the market. So we just need to calmly wait this unfavorable time and wait for the market to grow.
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I think that Satoshi Nakamoto had a slightly different view of how the bitcoin he had created should function. It was created as an alternative payment system to the existing payment system, so that people could use the new capabilities of the crypto currency. However, he probably could not have assumed that his bitcoin would now be usedas a speculative means of accumulating value.
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It is unlikely that this year bitcoin will grow as well as last year. This year the situation has become more complicated. Investors this year will already remember the drop of bitcoin after its December increase in price and this time will be cautious. Too many of those who invest in bitcoin on the rise of its price last year suffered a large loss. Therefore, it is difficult to predict how bitcoin will behave in the last months of this year. Of course, whales have the ability to manipulate the market and will continue to do so.
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In the way you think, authoritarian countries won't have any cryptocurrency that could be used eligible? Government won't allow us (citizens) to use cryptocurrency, to buy smth in supermarket and pay crypto for that. There will be a very huge war between government, or we should change todays government (usually 50+y.o. people that will never understand cryptocurrency) to young generation.
I think that something like a war against cryptocurrencies is going to happen but governments are going to lose and the reason is simple, how are they going to regulate a market that was designed specifically to avoid regulation? How are they going to avoid that people use it when they have no control over it? When it comes to their fiat they have complete control and so you have to comply but when it comes to bitcoin they cannot control the network. In fact, not everything is as simple as it seems at first glance. Only transactions between citizens can remain secret from the state. However, the purchase, exchange and sale of crypto-currency in other cases may be known to the state and then it through the crypto-currency will be able to control the financial activity of citizens. Under these operations, the state will force people to leave their data and our anonymity will practically disappear.
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States, governments with their state bodies are unlikely to switch to the use of decentralized crypto currency. Citizens of these countries will transfer money to use crypto currency. If citizens mainly use crypto currency, the main drawback of this will be that by that time all data about all transactions in the crypto currency that will pass through exchangers and outlets will be transferred to the relevant authorities and therefore the state will have almost all information about transactions of citizens in the crypto currency.
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A new study recently conducted in the European Union showed that bitcoin is used with an illegal target in just 0.67 percent of cases. That is, the whole problem with the illegal use of bitcoin is in fact far-fetched. For various illegal purposes, coins with a higher degree of anonymity are used, such as Monero, ZCash and others. Bitcoin is only relatively anonymous.
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I believe that the requirement to pass a KYC test from participants in the ICO generosity campaign is generally illegal. The KYC check is carried out to prevent the possibility of laundering dirty money. The US and China also do not want their citizens to invest in ICO projects, because they consider investing in ICO too risky and for their citizens not to suffer possible material losses. That is, it all comes down to investing. Participants in the ICO generosity campaign do not invest in ICO projects, so they can not be verified by KYC. We are on this forum, almost all of us are participants of the ICO generosity campaign and we need to raise this topic. Especially since some ICO teams agree with these arguments.
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Crypto currencies are such things where you never know what is going to be next. I had very big expectations in Etherum and I still have, but now I'm full of doubts. Couple months ago I've got a Eth payment per some promotion job on social media and that time Etherum costed around 600$ so I decided to keep it in Eth with expectation that the price will go higher. This days I'm often thinking that I should to sell those 4 Eth immediately or to buy bitcoin, cause of Eth fuel almost three times lower during a short period of time, but Btc didn't loose too much if to see in percentage.
Do not sell your ethereum. Crypto currency is really hard to predict. However, the situation can still change very drastically. Ethereum can still rise well compared to bitcoin, especially as ethereum is now quite cheap. Keep your ethereum, there is no reason for it to fall in price. All this is temporary.
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Big names in crypto predict that bitcoin will go $50k end of this year and they were 50% correct because anything can happen of crypto right? but for me, if bitcoin ETF will be approved I'm sure that ETF Will Push Bitcoin price to $50,000, let's wait 60 days starting today and go back to this thread in September or October and let's see It was no longer 60, but 67 days. We are back to this topic and what do we see? There is no exchange rate of 50,000 dollars. Bitcoin will certainly rise in price in the last months of this year, but even the price of $ 20,000 is unlikely to overpower him. After such a long fall and stagnation, bitcoin is unlikely to be capable of such a sharp rise. Investors are still cautious and the figure of 20 000 dollars they will be unpleasant to recall last year's December.
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"The collapse of ETH is inevitable" https://techcrunch.com/2018/09/02/the-collapse-of-eth-is-inevitable/"Here’s a prediction. ETH — the asset, not the Ethereum Network itself — will go to zero. Those who already think that ETH will not see real adoption — thanks to a failure to scale, to adopt more secure contract authoring practices, or to out-compete its competitors — don’t need to be convinced that a price collapse would follow as a consequence. " I'm sure many of you will disagree with this article... I am sure that there will not be any collapse of ethereum and can not be. The ethereum team is now going to introduce in the coming months the Plasma project in this coin, which will allow this coin to have scalability of hundreds of thousands of transactions per second instead of the current fifteen, and in the future - a million transactions. And this is not the only improvement that it intends to introduce. I do not know why they spread such rumors and try to lower the rate of ethereum. Is that the more to buy it, while the nervous in a panic will sell it.
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ETH fail 2018?! What do you think guys ,can we see again price $ 10 ?
Although the rate of ethereum is now very rapidly falling even in comparison with bitcoin, but to consider that its price may drop to $ 10, that's too much. The current price of ethereum, which is 220 dollars, is already surprising to many users of crypto currency. There are no apparent reasons for such a low drop, and ethereum falls even when bitcoin stands still or even rises a little. Many suggest that the ethereum is deliberately artificially omitted in the price on the eve of its great growth, so long as many faint-hearted faces have sold their ethereum. This explanation seems quite logical.
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Do you have any good reason to believe that the ICO market is going to grow this year?
As we can already see, for the ICO projects this year was very unsuccessful due to the general fall of the crypto-currency market at the beginning of the year and its subsequent stagnation up to the present day. Therefore, many even quite promising ICO can not even collect a minimum amount for Softcap. Many of them suspend the ICO process or extend its duration. And this term is trying to be postponed for the last months of the year, when the rise of the crypto-currency market is expected and the prices of tokens should also rise. However, surprisingly, the total number of ICOs this year almost doubled. I think that the difficulties in the ICO projects are temporary and they will soon resume their pace of development, because in general this is a very useful activity for the crypto currency.
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