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Many altcoin drops when bitcoin also drop. They are following the value movement of bitcoin but ofcourse bitcoin is less than stable that altcoins because that is bitcoins nature,volatility and not become stable to make people gain more profit.
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How can we get ready if we don't even predict exactly when will be the next bull run? And i think 2019 is not the bull run year for crypto. We can see that bitcoin still remain at the current value,nothing has changed.
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Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.
And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.
Do you agree with the speculation without limits?
I think speculators has a great impact in cryptospace because they gather a lot of demands if they speculate positively. Cryptospace needs speculators for liquidity. It is the basis of many people in crypto world specially those traders. |
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This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
I agree because it will help to decrease bitcoin competitors and also help lesses the hash wars. The demand will not subdevided instead they will focus on real bitcoin with higher value. |
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Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
It is hard only the person with fear in crypto,without money to invest,don't like to take kyc,don't take risk and has no courage and enough knowledge about crypto. But you can see that in our generation you should be brave specially in investing in crypto but you need to learn first how to deal with such thing in crypto world. |
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The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.
Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
You have a point. Market are so volatile and we don't know what the tommorow may bring but if you have a lot of courage and can take all the risk,i'm sure you will wait until you see the value will high too much ti gain more profit. But it is also good the idea that you said. |
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You're right. Earning bitcoin is good,but don't depend on it and that is because of higher volatility of bitcoin. We don't when it fall and when it grow or like the year 2018 that bitcoin stay in the lowest price and wr don't know when it rise. We can't have proper income specially if we only have little amount to invest in bitcoin. Much better to have other work asude from cryptocurrency.
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In my own opinion,the effect of bitcoin in every country is depends on how the community accept and used it. In my country,i believe bitcoin helped a lot and it also help to boast our economy. It gives a lot of opportunity to many people here without job and income. It help also develope the economic growth of our country.
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People that always feel with fear in crypto and don't have enough knowledge about it. Once they saw market start falling down they sell even they got lose. And maybe they need money badly that's why rgey sell even at the lowest price.
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Buy on the dip means,buy low sell high. Once the price drop down is the better way to buy because price is in the dip. You can earn more profit when you buy at dip then sell when the price go high.
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It's the start of another new year in crypto and we expect more and grear changes in terms of bitcoin price. Yes there is no exact prediction but if we believe that it will climb high this year then we should hold and invest more. Don't sell because your just waisting your wealth to be in the near future where bitcoin sky roket again.
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I think you just keep on reading here in forum because while you're reading you will find many ideas about bitcoin and also a lot of links that you can search. Mostly my questions about bitcoin got answered just here in forum. This is a great help for beginners,just be a wide reader.goodluck.
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It's just the beginning of 2019 and we can't see a rapid changes and growth in bitcoin price. Still in the stage of adjustment and playing pump and dump. But i thing before mid of this year there should be an increase in bitcoin price. Well,just hoping.
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Pretend that all the fiat money in the world is gone and the whole world is only using Bitcoin. Ignore scalability issues for this scenario.
I'm sure most of you know that most money is actually created by banks through fractional reserve lending. Our economy is stimulated by people constantly taking out loans to make purchases. But with bitcoin you can't loan money that doesn't exist. Maybe we would have to change our consumerism as a society and prices would drop. Being able to borrow money easily makes everything rise in price. What are your thoughts?
I think if that will happen,there's a lot of changes in terms of monetary implementation and also banks anf government will do a lot so that it will not happen. |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
No,it is impossible because miners needs a payment that's why every bitcoin transaction has a transaction fee that we need to pay. There is no thanks for today,all need fees for every transaction not only in bitcoin even in other cryptocurrency. |
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Ok so you have converted all your fiat curency into Bitcoin. Now you might be asking What actually can you buy with Bitcoin? shot answer is almost everything.
List of online stores and shops accepting Bitcoin is increasing day by day. Here is list 10 online places where you use your Bitcoin.
1. Buy apps, games and more for Windows or Windows Phone from Microsoft using you Bitcoins https://www.microsoft.com/en-us/store/b/home
2. Buy yourself a mattress, GhostBed online mattress retailer is accepting bitcoins. https://www.ghostbed.com
3. Overstock.com, Inc. is an American internet retailer here you can buy any thing from Furniture, Jewelry, Cloths,Shoe to any house hold items. https://www.overstock.com/
4. You can buy Gold Coins, Silver Bullion or any other precious metals like Platinum and Coopper at https://www.jmbullion.com
5. Book your next flight or hotel using your bitcoins at Expedia.com or CheapAir.com
6. Need some hemp oil handmade soap? buy it here using bitcoins http://www.bitsoaps.com
7. Are you hungry? Why not order a pizza or two in exchange for bitcoins at http://pizzaforcoins.com/
8. Crescent Tide Funeral & Cremation is a funeral service provider now accepts payments in bitcoin http://www.crescenttide.com/
9. Perhaps the most rewarding way to spend your bitcoins is by paying it forward. This charity https://www.heifer.org and Wikimedia Foundation accepts donations in Bitcoin
10. Finally here is website with a comprehensive lists of products where you can spend your bitcoins? this http://spendbitcoins.com/
Feelfee to add your comments or let us know if you find any interesting place where you can pay in Bitcoins.
It's really great that bitcoin are very useful nowadays in many things. You don't need to cash out or exchange in fiat money before you can buy goods and other important materials we need. |
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As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Yesterday,i saw bitcoin price drop more and it's really a grea opportunity to buy but i regret because i have no money to buy more and now bitcoin price starting to climb back again. |
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