this is not a news at all, hacking? scam? phishing? exist for years now for anything. credentials, accounts, databases are all subject to hacks, why crypto should be immune to that? Especially if there are money involved somebody will find a way to steal whatever he can. The weak ring on the chain is the human nature, not able to keep yours account safe, weak password, phishing link and so on.. nothing new.
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what puzzle me is: is it really possible to ban/shut down crypto transaction? no, not possible to shut down 100% of it. Consider crypto same as torrent, warez, crack or even porn.. there is no way these protocols can be banned worldwide, if everyone would keep this in mind there wont be any panic selling because of these news. I don't know, it's just me or there's anyone who think the same? i'm more scared about regulation and taxation by the government than ban news. Some countries already understood that is not possible to stop this world and they are trying to regulate it (which can be a good point of crypto).
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crypto are really sensible to manipulation, it takes just some VIP who speak or write about BTC and within a day you can see the result in the market price. Investors, and i men the ones not educated, are following the flow doesn't know how cryptos works. These investors are dealing with crypto in the same way as stock market investment but this is not the right way to do for us, in the last couple of days there was a red sea of crypto prices dropping and this is due to that.
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well well, i think regulation can be a good and a bad thing for crypto because, regulating something means somebody have control over it. Taxing and regulating is the way to put some control on something they don't have yet, i do agree with the OP but this was something everyone's knew already, now it's just getting under everyone's attention and this isn't a good thing in short term, we will see what could happen in the next couple of months/year.
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Good starting point but this is really for the very beginners in crypto world and you forgot the golden rule, especially if you are a newbie in this world: Remember to invest ONLY what you can afford to lose this must be your daily mantra while jumping on the crypto world. Another advice i would like to give is to set yourself a short, medium and long term goal and follow it, don't just blindly buy low and sell high.. for example as a medium/short goal it could be: i invest xx fiat and when i have gained 10/20% of it, i will cash out and keep the initial investment and so on. Do not be a weak hand at the first dip, use your brain and not your emotions while trading because this is a roller coaster, fasten your seatbelt and enjoy the ride with BTC airlines!
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now there are around 36k transaction stuck and compared to December where it was like 200k yes, definitely the transaction fees dropped by normal price. Segwit and less transactions on the network are the reason for this and i guess fees are going to get back to normal price quite soon.
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In a such big platform, used by basically everyone in the world, it opens up to tons of different spam, scam, porn, you name it. Banning crypto ads to me it's a wise choice because, even if i don't have a facebook account, i can imagine these kind of ads and i guess 1 of 10k ads were genuine and not ponzi or scam. From banning ads to "he doesn't believe" there is an huge difference, hosting ads for fishy ICO's would just ruin the credibility of the platform itself, no need to cry over it (i feel for the legit ads, paid ones who got trapped in this bans) even though it affected the market price as soon as the news were spread.
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it depends how much you have and how much you care about your crypto. There is no need to get an hardware wallet (i would recommend to get one) if you are careful enough with your private key/passphrase. For small transaction/small amount of crypto, a desktop wallet it's more than enough with a proper backup of private key but for long term holding definitely hardware or cold wallet it's the way to go.
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this is a perfect moment to invest, with such low price you can get more than before. Do not listen to most of the FUDS around, price will raise in the long term (because BTC is a long term investment) and you will not regret your choice but, i would also differentiate in altcoins to be more safer/ This question was asked many times in the past and it will be here again in the future, just compare the prices at that time and you will have your answer.
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i don't understand what you're saying because BTC was the first crypto coin ever created, if it wasn't created crypto wouldn't exist, easy. Blockchain and others coins are here because of BTC, somebody would have invented something different but without BTC crypto world wouldn't be where it is now.
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well, if the ads were missleading or fishy (i don't have facebook so i can't relate to that but it's easy to make an ad and make it appealing) i wouldn't blame him for this. On the other hand wasn't him studying crypto with the idea of creating his own coin? This two stuffs can be related and i don't see any illuminati conspiration behind like being paid from whales to spread this kind of news.
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not for now, definitely not. In the future, if the coin will be even more widely accepted we will reach the breaking point where BTC will fluctuate less and the price will stay stable for long time. Big companies investing in BTC and using it to sell their product at some point want some stability, they wouldn't afford to sell something today while it could be 10 times less tomorrow.
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i did not see any proof why we should switch to BCH and why is your new king! Why in hell we should stop supporting the first coin created and the technology behind? I do agree blockchain is getting old and we need a new one with faster transactions, lower fees and so on but switching to a forked coin it's nosense. Really, an easy and simple way to see if a coin have future is to check their community behind: if the coin is supported widely and strongly it will survive, otherwise will die in a short while and i don't see BTC community losing interest or supporting 100% another coin.
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after 9 years of strong life BTC has been called in many different ways, and bubble is one of the most used due to high fluctuation in price. It depends how you define bubble because, for example, what we have seen at the end of 2017 it might be called bubble: bull rush to the all time high and then boom, the bubble exploded and BTC is back to normal price. From the other side of the coin this is a correction and not a bubble and this wasn't the first nor the last time it will happen.
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crypto are not even close to be ready to replace fiat (which was the initial purpose of it), people at the moment are only focusing on the market value and wants to make money out of it. The project behind is still there, many people like me embraced BTC because of the idea behind, the technology and the use of it. If the trend will continue like this, most of the people (besides the early adopters and enthusiast) will just use BTC as an another way to make money and that's sad for me.
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reading a graph is always difficult for me.. i have tried couple of times following this kind of rules (the ones you posted) and failed miserably. You can actually see a trend going on but deciding the right time to sell/buy is not as easy as it seems.. at least for me. This can be a good hint but you should take it always with a pinch of salt, bearish and bullish warning can be seen with some expert eyes as you mentioned but in this world, nor in forex, there is no way to be 100% sure of anything, we can just try
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Botha re good, of course, due to his long history BTC is safer but i see ETH growing pretty fast with a lot of attention by the community and investors, and diversification is always good to be in a safe spot. I personally don't have any ETH but i'm getting informed in them and in the near future will definitely convert/invest a bit into ETH.
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if you followed the golden rule of investment: invest what you are willing to lose, then you didn't lost anything yet, i would personally hold and consider my investment a very long time one. Just do not check the market price every 10 minutes, forget about it for days/weeks/months and live happy, no need to get stressed checking the price. If you invested critical money i would diversify some of these just to be safe, if some coins are going down, some others are growing quickly, it's up to you what you decide in the end but if you only have BTC, keep it and wait.
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there many different ways to manage passwords and the rest of confidential information. Like somebody already said in the topic, i use keepass software for most of my credentials (home banking, google accounts and so on), i activate the authenticator every time it's possible (mail or google auth. app) then, regarding the private keys it's a different story. hard copy (paper, 3 copies to be safe and well hidden in my apartment and one in a secure at bank), an USB stick to connect every now and then when you need to update something. Memory it's the worst thing to use because we are humans, anything can happen so better be safe than sorry.
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waste a lot of energy? yes but you forget the others crap going around like the global warming (if you are american you might not trust it), China who denied to use filters on their factories with the highest pollution on earth and others stuffs.. let's concentrate on BTC drawing energy. Focus on different stuffs not just posting bullshit here.
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