Yeah a holy hell xmas this year. BTC is 400% from its top this year. Even the miners, ico developers, and every trader is hurting bad. This year hugs for gifts, electronic greeting cards, cook at home and watch a christmas carrol instead of the football ball game and hope the girlfriend doesn't go looking under the fake tree. After new years we all get rewarded for hanging in and start looking to buy again.
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Why so little activity here about GVT now that the app is live?
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Great news today but seems the inability of team of stick to timeline is still hurting. Hopefully team can stick to schedule releases or BEFORE to restore interest and momentum. This is crypto and survival hinges on trust and doing what you say.
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Q4 is here, hopefully some good news before end of year
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This coin is another B3 coin disaster in the making. These high POS with crazy supply are all garbage. Once a swap happens the price will still continue to tank to even lower levels and devs already dumped loong ago.
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Please don't use cryptonote as a metric, their major holding is BCN which was just delisted from binance.
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Glad to see this coin dying slow and painfully. Sick of these coins that feed miners' pockets at the expense of those who buy and invest only to see their investment degraded by the massive dumping of mining farms.
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This coin hasn't died yet ?!? All this time and the biggest update is .... an update? Nothing new or ground breaking just more spinning wheels but going nowhere.
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What's the problem with the blockchain now and why cant I transfer money from my wallet to cryptopia ...
Cryptopia disabled wallets until next week. Every time volatility spikes this happens nothing new. ETN seeing a pump last few days but dumpers moving price back down as we speak
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Nice bounce, great time to take some profits. market has not been able to sustain these gains at all.
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Great post. I think the answer is in what you have stated .... the volatility. Based on that, the simple answer is NO. Bitcoin can never be currency as it currently is, no more than oil, gold, silver or pork bellies. Think about it, buying something for 1 bitcoin 7 months ago equaled roughly $20,000. That same item would cost about 3 bitcoins now or $60,000 end of 2017 prices.. It fails on all 3 measures you mentioned, medium of exchange, store of value, unit of account.
Bitcoin is a means of wealth transfer, no more no less.
The only value Bitcoin has is still measured against real currency such as US dollars. Unless you expect the value of Bitcoin to drop vs USD no-one should be buying anything using bitcoin. Also, if I expected the value of bitcoin to rise, as a seller I would definitely accept Bitcoin as payment to take advantage of uninformed buyers. Seems the sellers are losing now, but that will change because this is still a young market and bitcoin has a long way to rise.
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All markets go through these bear cycles. Within the last 2 decades this generation has seen more crashes that at any time in history .... oil, housing, gold, silver, stocks. Even in Forex the largest crash in history happened in 2015 when the EURCHF lost close to half its value in ...... 1 day. ALL have ended.
So, bitcoin will return, the only question is when will it get back to the all time high. And this has only been about a 6 month downturn that has never even tested an all time low.
The last stock crash of 2008 lasted about a year before the start of this current bull run. So we have been in bull run for about 10 years. Just for perspective, the average s&p bear market historically has lasted on average for a little over 1 year and the average bear market 9 years. So we are overdue for a crash. Even Warren Buffet and most pundits have said as much.
Gold is still waiting for this downturn in stocks to return to its 2011-2012 all time high when everyone was dumping out of stocks and into gold. I think this will be the turning point for Bitcoin/crypto .... the impending bearish downturn in stocks. I think we will then see a bull market in crypto to rival all others in history.
Unfortunately/fortunately, the dime that every market turns on is the S&P/stocks. With bitcoin going "mainstream" trading on CME/futures market and attracting institutional investors we now know what to expect and when. The only ones that will be left out are those that are caught on the sidelines saying the sky is falling. Just as those who took all money out of stocks back in 2008-2012 when everyone never thought the market would recover ......And it did .... more than x2 from the ALL TIME HIGH before the crash.
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Is it still worth to invest in this project guys?
Check out the online "test" store and note the only 2 payments accepted, ETH and BTC. That should tell you what the devs value and where your money should be ... at least until that changes
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The ineptness of the devs over at ETN is amazinlgy good. Probably wishful thinking but I hope this fork is able to take a chunk out of ETN and is just the first. At least if ETN fades away under the weight of their incompetence, there are options left. Go ETNX,Y,Z
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How best to mine this when the countdown reaches zero tomorrow?
Is the wallet available? What miner should be used? What is the recommended pool for mining?
I have an nvidia mining rig that is primed to mine XMV
No wallet until days after fork but mining starts right away. Minergate says their pool is ready to go after fork but no official pool yet.
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Buy??? Maybe not. Might look like its hit bottom but 1 sat is the true bottom and with the constant setbacks from day 1 that is reacheable.
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price of xmr dropping surprisingly last few days. Thought a spike was likely with the fork only a couple days away ... bit strange or expected?
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so which is better to claim XMV ??: keep xmr in local wallet or transfer to hitbtc and pay the fee (0.09xmr) to transfer back to local wallet after fork ?
HitBTC fee's is EXTREMELY high . just 2800 block left to #1564965. Wallet => fee => HitBTC => High fee => Wallet I think it's better store you XMR locally but protect you private key after fork. Thanks, forgot about the wallet fee. So in all could be over $30 in fees just to transfer in and out. Think I'll just leave in wallet and not deal with the hitbtc issues as mentioned above.
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so which is better to claim XMV ??: keep xmr in local wallet or transfer to hitbtc and pay the fee (0.09xmr) to transfer back to local wallet after fork ?
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Know there is a bit of fud with the downward trend of late but seems this is across the entire market though so may have little to do with UTK. Also many may be just holding and staying away from trading resulting in the lower volume we are seeing. This is one of the few coins with real world mass consumer/retail tech behind it so with developments price will rise. Note that the ios and andriod apps with live transactions are scheduled for Q4 this year, let that guide your decisions vs panic and fud.
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