As bitcoin has risen in price, minority investors have invested in other coins such as altcoins, doge, and others. They mostly seek the benefit of the pump and dump state as you mentioned.
It is remarkable when we see the dominance of the bitcoin market that previously exceeded 60% and today stands at 48%. It is natural that investors need to diversify their portfolios as bitcoin moves the crypto economy.
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If anyone has the idea like Finance Senator Janet Yellen, of the Joe Biden Presidency that bitcoin and cryptocurrencies are being used for illicit acts, they should know according to this article that:
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Starting from this premise. I could say that fortunately we are already making use of blockchains in the real world and it is only the beginning. Imagine a few years from now, after all the investment, de-regulation and man hours, what if no real world use had proven to benefit from the "blockchains" that corporations were working on? Investors will back out, developers will have to find work in other fields and politicians might scale back favorable regulation, thus hurting crypto-finance through collateral damage. According to this article: It mentions How Venezuelans have tried their luck on Binance P2P as their main source of income. I am sure it is a case that was replicated in any corner of the planet if we talk about use cases of blockchains in the real world. https://twitter.com/Binance_Spanish/status/1385655007408754690?s=19
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I would invest in bitcoin for two reasons: For being a pioneer and for following my dream. I think of bitcoin as a long-term investment because of how beautiful education is. I want to ensure the future of my nephews that will happen shortly in at least five years.
It is also a test that I do when creating these goals. How useful is bitcoin and will it be in my life? I am confident because from the beginning that I have used it, it has helped me and I have been able to help other people.
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I think this is another person who seeks to draw attention to bitcoin by arguing false statements about the identity of Satoshi Nakamoto. He has not said anything new! They are the same speculations of the past. Now Bitcoin belongs to the community we are all Satoshi Nakamoto. He has been the most emblematic man of our time, it is an honor that we have found him.
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Certain! But luckily bitcoin and cryptocurrencies are available to everyone. When I think of something like people busily looking to get rich by investing in crypto, I also think that the invention of bitcoin came at the right time.
Bitcoin has broken the borders and has given the population the freedom to manage their money throughout the crypto space that is growing today. Obviously not everyone has the ability to invest in crypto to be millionaires but they can invest to solve everyday situations.
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Nice tweet to relax us! Peter Schiff is a man who also tracks bitcoin prices as his son said in a comment on this tweet. Peter also received a kind reply from Pompliano. The times I see a tweet from Peter is these circumstances some about bitcoin. I still remember when in a tweet he said that he lost his seed from his bitcoin wallet. That tweet was hilarious!
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Such a low price of bitcoin at $ 3,700 four years ago sounds a bit out of focus. It happened exactly on January 13, 2019 when bitcoin touched the price of $ 3,405.89 according to Coingecko. As most members say bitcoin is not for weak hands, as we follow the bull run of bitcoin we must continue to learn its behavior. Follow this man to learn and stay calm.☝️
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Bitcoin could be a great help in this pandemic. People are getting infected every day because they leave their homes every day in search of sustenance to take home. Very few people have stable jobs, the most vulnerable people suffer and are starving. Institutions to sustain the economy should invest their capital in bitcoin and create jobs in this time of pandemic. A good way could be Internet access in all places so that bitcoin and technology are more accessible.
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I think that bitcoin is news on TV and it is not necessary to promote it. Because it can be a topic of diffusion in the field of technologies and entrepreneurship. In my city I listen to trends on bitcoin and cryptocurrencies on a local radio station. The interest to spread about bitcoin is present, I imagine that it happens anywhere in the world and with a variety of ideas. Fortunately we have social networks that have been the perfect springboard for bitcoin to reach all parts of the world.
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OP, I would have to tell you that for my Fiat it represents at least 20% of my equity, which is summarized in expenses for goods and services and that 80% is supposed to be equity in cryptocurrencies. Bitcoin and cryptocurrencies is my present and future just like most of the members, IMO. Without a doubt, bitcoin allowed the disruption of money and is now unstoppable.
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I am optimistic about this chart. For what we believe in bitcoin the price will recover. No need to panic.
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I think most of us agree. Bitcoin is currently not a coin to make minimal transactions. I stopped using bitcoin for payments since the bull run started. Instead I have been using ether but I will have to stop using it also for another less growing coin. The behavior of bitcoin and all other coins is the same anywhere in the world in relation to the fees that its miners depend on.
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As always the causes of the fall in the price of bitcoin are not exact. Coindesk points it out in this article: What we have to do is keep calm. The price of bitcoin largely depends on our having a good market because even bitcoin has a purpose. If the most influential men and advocates of bitcoin like Jack and Musk have agreed that bitcoin miners should work hand in hand with firms with renewable energy. IMO that's one of the main things we need to work on to make bitcoin a solution rather than a problem now that climate change requires urgent attention.
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Sorry OP your post invites FUD. No blog specialized in cryptocurrencies has created an analysis that indicates that the price of bitcoin could fall to 20K. Bitcoin is not a bubble. What will happen now? The institutions will be buying the bitcoin that you are leaving.
Although in the current situation the market is suitable for any investor. Let's not forget that while bitcoin continues its bull run, altcoins are also showing their best moment.
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I agree! Manny Pacquiao could announce his retirement this year. Among his plans there is talk of two fights. My wish is that his plans are fulfilled because it would be a great farewell as every champion deserves. After boxing, his next goal is the Presidency of the Philippines that the next elections will take place in 2022. There is no doubt that Pacquiao has the charisma, desire and preparation to meet this new challenge in his life.
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It is right! I've noticed it too, but attributed it to the momentum of bitcoin and the products these altcoins offer. If we look at Binance, CZ is developing a powerful product for the community, as well as being verifiable. In Binance you can do everything with your bitcoins and cryptocurrencies in addition to obtaining money in your local currency. It is the reason that I think because his coin BNB his price has doubled of course I support him 100%.
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I am very surprised by this ranking. I have downloaded the Coinbase App first than Binance and I am using Binance several times a week. In fact, I have never used Coinbase, I am not going to deactivate it from my phone so I can take a look at it and see its benefits in where is it so good? Android users comment on some good things, however they emphasize the high transaction fees.
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Thanks OP, it hadn't occurred to me to take a look at Google's market capitalization. Certainly, bitcoin is doing its part very well demonstrating that things can be done with decentralization. As a pioneer bitcoin has a great challenge to succeed in addition to being a technology that innovated and inspired others to continue on its path. Definitely, we are in front of two great giants, we only have to support bitcoin so that it is used for the good of humanity there is still much to do.
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