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If this rise in price continues like this we could expect to see price over 20k in next few days maybe for sure next week. My only concern is will it comes down rapidly or will be some correction small or big. We can all say that 20k price is here maybe more but 40 even with this price rise is hard to achive.
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Bitcoin is the gold standard and everything else is an altcoin. Altcoins can be either token or coin although it may seem weird that altcoin can be a token. Altcoin for real is a coin that is not bitcoin that can be mined like currency whereas a token is made out of a smart contract generally for an ICO. Altcoin=Litecoin and token=OmiseGO
Simple and good explanation for all mentioned. Bitcoin is prime first crypto ever created, then there were created many alt ones, also many tokens that use ethereum blockchain and they are mostly payed in tokens. They call them tokens, but it also an altcoin in the end. Everything is on exchange bitcoin altcoins and tokens so in generally there is not much of difference. |
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Fiat money or real money is regulated or controlled by the bank and the government. While bitcoin is decentralized, meaning no one is controlling and tracking the transactions happening between two Bitcoin users. Without the banks control over bitcoin, they can't put taxes on it.
Mainly this is the difference and that is the main reason why governments and banks want to control it at all cost and want to put tax on bitcoin. You can blame them they are in very bad position in this they cant don anything and bitcoin is rising high in price. |
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Bitcoin is first of all digital currency and on top of that decentralized. Many however consider and say that bitcoin is digital gold. If we compare gold and bitcoin in some way there are some differences but also they are unique, every in his own way. Only downfall can be trading them, both have solid gains but many are now in bitcoin more cuz of the high price.
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The OP might actually be right! haha
Obviously we'll have a correction soon and I can't imagine this kind of inflow of money can keep up for much more than a few days, but still it's possible we get above $20k this month.
This price is quite close for bumping on, even if it look far still this price can be reached maybe even little higher cuz we are only in second week this month and believe that major price change is cumming next week. Reason is that many will use Christmas as a option for bitcoin price increase also many will say that after Christmas price will go down. |
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Of course, when you keep bitcoin in your wallet for a long time, you will get profit when the bitcoin price goes up. At present, bitcoin prices are rising very high, those who keep bitcoin a few months ago or more, they will sell bitcoin when the bitcoin price is higher than the market price.
The bitcoin value is increasing so saving it for a long time will bring big profit for the holder .
Most interesting part is that who ever bough even few days ago made profit cuz price really went high. And for the moment seem that there is now way of stopping at any point. Save and try to collect as much as possible cuz when and if 20k is broken then it might come to little bigger correction in price. |
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You will have to pay a transaction fee when you transfer to another account from your bank account. When transferring with Bitcoin, you do not have to pay for sending directly without interrupting anyone. It is not influenced by the economics of any country because it is not connected to the central bank of any country, so the fluctuations do not depend on any person or state.
You pay some small fee for sending bitcoin to another account or wallet, only exchanges pay fee greater some even 0.002 per transaction, but beauty is that you dont have to give any details. While sending money you need lot of paper plus they take you commission of 1 percentage or little less, this is ok when you send few hundreds but when you send millions this is something else. |
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To be honest its really hard now to predict what will be price cuz price is changing every hour day by day and its now very possible that price could reach this mark or higher or it may drop. Its small chances for that but this could be also a possibility for single bitcoin.
Believe that many want for price to reach and surpass 30k by this year end but think that when this happen price will rapidly go down.
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I wouldn't say which is more important. In my opinion, it's just like USD vs EUR, which is more important cannot be judged. It should instead be a question of which currency performs stronger than the other.
Good example they are both equal in both sides just like dollar and euro. They we could say work together in this and both have quite the amount of users and many have both in wallets. |
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The easiest way to have a chance to make a profit is playing luck games like roulette or slots and you will either win or lose depending on your luck. To be able to make a profit over a long period is a little bit more complicated as you need to play skill based games like sports betting or poker and they require to learn successful strategies. You also need to select provably fair gambling sites, because if they are rigged it is difficult to make a profit!
To be honest many experience players dont rely on ruck anymore in roulette, they have color system that works fine with this game. System with colors is bades in simple 1x, 2x, 4x and 8x bet and return on prime on win or after fourth loss it continue to go with 16x 32x 64x 128x until you get. In money it look like this on every fourth game that you win you will lose 15 dollars and you will get 16 dollars in return. |
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ICOs can be very tricky in all the way.
There is no best only possibility to be one at the current time. What is important is to research well for ICO project you wanna invest, and if you see that this priject can be potentially good then start whit calculating how much you wanna invest and how much could you get in return.
Just another reminder you have almost daily ANN for new ICO and its getting hard to see which project is actually a good one.
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... An hour or two ago, I sold off another piece of my BTC "Stack" (at price of $12,180) for more gold. BTC has gotten way ahead of its 1% limit of the total value of my net wealth. Each time BTC spikes up, I sell some for gold. It's almost getting boring...  Well now it was huge spike if you look at this but gold is having some same value. Many expect that besides gold even silver comes to price rise of some 10-15% in next year and maybe your tactic is not so bad. Every time bitcoin jump if you for that profit buy gold then you can expect if some word from expert are correct that you will gain additional from gold to. |
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Technically its never to late to buy bitcoin, just for example if you bought it yesterday you could have today 3000 profit. Quite the nice sum for everyone.
But main reason why all are in some sort of should I or must I is current price. Price is high and many after fear that price will fall down rapidly, for bitcoin it may be correction but it wont go down so easily and drop so bad down.
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Yes it can. Look at what happen just not so long ago with GBP when they exit EU, value of British pound was never lower it was almost the same vales as lowest in history and that was in 1820s. So simple and maybe clean answer is yes if politic get involved just like in this last case.
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Bitcoin value rose almost $11k this year and its very impressive breaking all records than previous years I believe it will continue to climb up to $15k to $18k til the end of the year hodl your btc for huge profit this month.
Many are focused on price for single bitcoin to reach 15k, this can actually happen with current demand and increase in price. Only think that when this is all over we will see price going down for major correction and that correction will be around 10k maybe little less. Also expecting to see that major selling when and if price reach this 15k. |
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well, it would be very beneficial for those who hold large amounts of bitcoin, because bitcoin prices are above $ 8000. well, I did not think that this year really made the bitcoin price increase. I think the price will increase with the same potential next year.
Indeed, especially on those investor that put their money at early time because for sure they will earn a high profit. I remember that day when I entered this community, bitcoin price is only just $730 compared to as it now. So if you tend to invest that time then for sure you were happy and you couln't think of what you have earn. Correct and if someone is to follow this pattern then is always good to invest in bitcoin no matter the price. For past time what is done is done who invested then made profit now, it would be good to invest even now but this high price is little to high for some regular user to start investing, while for big players there is no big price only profit. |
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We have seen the results. It is not the final of this year but everything seems extraordinary to the cryptocurrency society. Bitcoin has jumped from $1000 to $12000. Well, this is truly a year of bitcoin and the cryptocurrency. Everyone has received a good profit in this market
To be honest we all get from this even small amount from start of this year made huge profit in price. However this is maybe biggest peak for this year maybe up to 13k then will see some down price for some period maybe not so huge but it will come to some 3-4k down after holidays. Then we could expect to see another huge jump in next year or we will see whole year to be constant in price. |
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Can’t comment. In fact, it is very difficult to predict the future in case of Bitcoin or any other crypto currency.
ETH and Bitcoin, both are in high demand. ETH has taken a lot of market share and Bitcoin is rising on its path very fast. Both are in competition with each other. Need to take more unique steps to beat each other to come on top.
Currently, Bitcoin is favorite choice for the ones who want to hold it for long, as a safe investment due its increasing price.
Bitcoin is favorite in terms of price to be honest no a single alt will ever come close to bitcoin in price but for popularity and demand think that ETH i close to bitcoin, maybe even little stronger. But in long term both are very much in good place and off course demand will increase for both coins. |
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That would be in some time for me maybe, been foolish back when I sold almost everything now im waiting and hopping to cash out when I see fit for this.
Maybe best option is to wait and sell maybe in year or two.
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Both are good for keeping and storing. At the moment bitcoin is better cuz price is going high and ethereum will pop up soon.
So best possible option is to keep as much as possible from both of them, if we look at price to buy then better option is ethereum for long run.
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