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You only report when you cash out. You didn't have any alt for alt exchanges since you've only gone from USD to BTC and will then go back to USD.
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South Korea and Japan can lead the way for all of Asia and make the rest of the world follow them by example. The way we are now, everyone will over regulate before they try and understand what they're regulating.
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Currently sitting at a 59% loss from ATHs. I could have been a little more aggressive with my trades 2 weeks ago and sold more, saving my self some pain, but tough decision.
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So I have been asking this myself for the longest time and I have asked many people, but no one really had a good explanation to the following phenomenon:
When Bitcoin goes up in value -> alts go down When Bitcoin goes down in value -> alts go down When Bitcoin goes sideways -> alts go up
Why is it that when Bitcoin goes down alts go down too? They are traded against each other ??!
Basics : Trading x against y -> if x goes down in value it means you can buy MORE x with Y or in other words x goes down y goes up. But this does not apply here for some reason.
Hope you can help me out with this burning question!
So to answer this one you have to remove all logic, simply put, people view bitcoin as being the indicator for the whole of the crypto world. They do not view each coin individually as of yet and so the dollar value is almost irrelevant. That explains why the price of alts falls when bitcoin value falls. Basically any bad news for bitcoin is viewed as bad for the whole of cryptos. When bitcoin goes up in value everyone rushes to get their money in to bitcoin and they sell their alts at a discount. When bitcoin goes sideways people feel safe moving their money in to alts as they don't fear losing out on a pump and so alt prices go up. Fair enough, but when BTC goes down where does all the money go that was in alts? It has to go somehwere? I agree we have to look at the satoshi price because not many alts have $ trading pairs but it doesnt explain why alts go down when BTC goes down That's why people were using USD-tether when BTC was crashing, they would pull their money out of alts and into USDT and wait until things settled and buy up alts and BTC again.
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So long ago?? Since when has 3-4 months become anything but a short-term time frame. BTC has exploded since the summer of 2017. If you want to look only at the high from December to now, sure you can say people were greedy to think it was going to 100k, but saying this coin is coming to an end purely because of a correction is woefully ignorant and down right ridiculous.
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The OP is talking about this article: https://www.theverge.com/2018/1/30/16949550/bitcoin-graphics-cards-pc-prices-surgeBecause of the demand for certain GPUs, retailers are inflating the MSRP from $300 to $700-800 and taking advantage of the demand. PC gamers are having trouble affording higher end systems because of the price increase. NVIDIA is trying to prioritize gamers because they're afraid a lot of these customers will run to consoles, but what can they really do, people will take advantage of profit when it's available. This should push more demand for lower end GPU's. NVIDIA is probably worried about losing customer market share if the high prices continue for too long.
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ETH won't overtake it, but I believe it will significantly increase in value.
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One FUD problem down, only China, Europe, India, the US, tether and whatever else FUD to go!
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What a sensationalist and completely misleading title.
This has to do with Venezuela and their bs "Petro" coin that they're trying to initiate so they can obtain some money in their dying country. The US won't stand for it because it bypasses major sanctions we have against them. It has nothing to do with BTC.
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There is some truth in this. We are seeing this happen right now when people are buying alts instead of bitcoin because of BTC price being to high. However I see btc to climb new mountains since it is still the one pulling the strings of the whole market as alts are related to it.
Bitcoin looks like a GIANT SCAM/FRAUD Mistype there, you meant Bitconnect.
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"According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one."
Now, how accurate was their analysis? I can't answer that. But this will give you an idea of what the possible number of "lost" coins might truly be. At least 2 million might be a safe guess.
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Think about this...
2.1 quadrillion Satoshi (each Satoshi is defined as 100 millionth of a BTC)
Is that enough?
The thing that we use as a currency must be portable, fungible, durable (and not easily counterfeit), divisible and have intrinsic value.
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They're not based in the US so it's not outside the realm of possibilities they are stupid and setup this entire thing to raid a ton of BTCs.
This might be good for crypto LONG term, but you're talking about more than year before this kind of stink is wiped from the arena. Exchanges will crash and die if this all blows up, people will be skeptical of crypto in general, more calls for regulation will sound across the countries, and it'll have a depressive effect on the whole market in general.
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Right now it's not as good as it could be because half the miners are situated in China, which uses a lot of coal to produce energy. Now, there are alternatives that can be implemented to help reduce Bitcoins carbon footprint.
-Hydro electricity -Wind farms -Solar energy -Burning waste to generate electricity
These aren't necessarily new ideas but they are possible ways to help offload some of the energy that's used with cleaner alternatives. But, that's probably not as viable at the moment. Maybe with partnerships, or government incentives we can help drive faster clean energy adoption.
The other solution is of course: A new cryptocurrency
There are less energy intensive platforms that could take over as the de facto coin that would provide far less energy requirements than bitcoin.
“People who think cryptocurrencies are extremely important for society tend to have less of a problem with the energy usage,” says Marcovici, at Hydrominer, in Austria. “People who are not so much fans of them are the ones who are driving the discussion about energy. It’s a philosophical question.”
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I appreciate the effort you're trying to make. This was one of the biggest concerns I had was that people will just horde merit and the newbies really won't have a chance to do much. I've tried to contribute in a meaningful way, we'll see what happens as time goes on.
Thanks for trying to help us out!
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Are you asking which ones have been added recently or which ones WILL be released?
There's no master list of every coin waiting to be added. Any coin that wins their community contest will be added, but they do not release an exact date.
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I also noticed that on CMC, the bittrex market is not being updated but binance market is still active. Any problem with the bittrex exchange market? Also price has really dropped and may be a good time to get trig coins or tokens for cheaper price. But I will like to know if development is still active ? Thanks
TRIG was removed from the Bittrex market on January 12. It's active on Binance though. They said they were going to push to get added to 2 new exchanges but nothing has surfaced about that yet. Development is still active but the developers are doing a poor job communicating with the public at the moment.
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When you're new and you've come into an investment during an exciting time, you'll have this attitude. Thinking it's a nonstop rollercoaster to MOON city. That's not the way it works. Considering our HUGE gains and the current climate, we're well positioned for another run soon. It comes in waves. Position yourself.
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This topic title is a little misleading. The ENTIRE crypto market has a very good chance of hitting 1 Trillion Market Cap. BTC itself will most likely not hit a 1 Trillion Market Cap in 2018.
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