We can do much if people started hoarding coins short of creating a global rule as not to do so. But that in itself is improbable as we can't really force people to not hoard more so seeking out the ones who do. IN the end, it's really up to the market to decide.
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I would select 3 cryptocurrencies, which includes bitcoin of course, and buy gradually and not everything all at once. Buy today then wait for around a week. If the price goes up then good. But if it goes down then buy some more.
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It's certainly a great factor in terms of earning money most specifically for getting a high paying job or having a business. But there are some stupid people who do get a job albeit a low paying one and there are others who are just lazy and became poor.
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I don't think there much we can do if there are whales playing with BTC. They have a huge hold and can really hurt BTC when they sell their holdings to bring down the price then buy more on the bottom. Sometimes, we got to learn when to ride the wave.
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Bitcoin is not a legit currency and may not be in the foreseeable future but people still believe in it's trait to become one. We are moving over to new technologies and it's boundaries are limitless. Before, technological theories and breakthroughs are laughed at but look at where we are now. The future is uncertain and who knows, bitcoin may have a place in it.
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Be it the biggest bubble in history or the future of online transacting, nobody can really tell. For me, bitcoin has helped me in a lot of ways and the community is a part of it. So, in my part, I'll try to promote it as much as possible instead of defaming it.
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I've been a firm believer in ETH ever since. Maybe because it came first and has proven to be used by lots of ICOs. The good thin about NEO is it's newer, fresh and has lots of room for growth. People always like new things.
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Apparently, there was a time when KFC accepted bitcoinas payment for a bucket of their famous fried chicken. Although I'm not sure if it is still continued today. If it is, then they should have expanded to accepting bitcoin payment for all their products.
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Man, I started only last year and kept thinking what it would be like if I have bought back in 2013 even. Salute to those who have believed in bitcoin way back. Hopefully you still have some bitcoin left. Or rememeber your password.
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IN this age of fast information technology news spreads like wildfire and affects everyone in undetermined ways. But yeah, people are easily swayed with negativity since it's easier to give in to fear.
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You can't really say that it's the fault of hackers when a wallet gets hacked. There are many precautions you can take to prevent this from happening. Like, using a cold wallet, 2 step authentication and whatnot. For websites, I think they're getting hacked due to lack of security or it's an inside job.
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It really depends on how much risk you're willing to take. If you badly need money then why risk it? Do not put all your savings or trust in an investment. I always just invest with money that I can afford to lose. Save some money for your emergency funds.
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Not in the foreseeable future in my opinion. It's not that easy create a global currency as different countries have different ways of dealing with finances. Getting the countries to agree on a singular thing would be a feat in itself.
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I think people who sell their bitcoins are trying to sell them while its high so they can buy low after. Or they just caved in and gave in to the FUD revolving around cryptos. I'm also continuing to HODL my coins and waiting for the latter part of this year to make a decision.
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Typical year for cryptocurrency. Which would be the same for the last 2-3 years movement. Not really sure if we will go to another all time high this year but after last year's "sugar rush" around Nov and Dec I got to admit I'm quite skeptical. Hoping for the best.
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Bitcoin's current state is sort of blocked by no further updates getting into it. I hope it's not abandoned by the devs. Others may see bitcoin having no potential in the future but I still believe in it. The devs should get their act together.
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First half of the year is always slow for investments. I think it's a time for saving up money for something like school or the impending holidays. SO everything right is now is quite slow. But I believe that the second half of this year we might see something good for crypto. All we can really do is stay positive about this.
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It's trending because it made a lot of money last year. And the lot of haters that didn't like people getting money with less hardship than them will always hate and spread FUD. But yes, they do help in spreading the news albeit in a negative way but still it brings curiosity.
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That's the problem. When bitcoin had so many roadmaps it can take, there were a lot of forks that happened with groups trying to best each other in updating bitcoin. Now, I don't know what's happening with it. Even with the forks.
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I think it is the year that will make or break bitcoin and the whole cryptocurrency world. Crypto has surged last year and has declined in the last couple of months. People are starting to know cryptos and its possible applications in the future. 2018 will be the deciding factor and devs should step up their game in order for it to thrive in the coming years.
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