But cryptocurrencies already are used for payments. Some of them at least, Bitcoin is used more and more and mass adoption must be coming, more people use crypto every day. I do not think crypto is only a phase or trend, it is here to stay.
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No, ten millions is a ridiculous amount for one bitcoin. I cannot see how we could reach this number or the one million someone has made prediction of. Lets think that people like to sell their bitcoins when prices rise. They do not hodl forever.
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I must admit I was not good at knowing Bitcoin at all before investing. The truth is that I invested first a bit of Bitcoin and back then I knew the very basics of it. After that I read more about it. Always learn as much as you can before investing is the lesson I learned.
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Bitcoin is not a job, Bitcoin mining might be a job and also other related jobs to crypto like working at an exchange website. All these jobs can lessen unemployment for sure but to do this in a total of a country there needs to be an effort from the top, the government, to help introduce crypto to the public.
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Blockchain is the technology of the future, whatever governments think about cryptocurrencies, blockchain is not the same thing and they should accept it and adopt it. It is no use ignoring something that will make your life more easy, humans go from one technology achievement to another.
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This should not matter that much as other indicators like the volume of the coin but I see a lot have preferences on this, as do I. I prefer the low supply coins but I do not know if aside from personal preference they have some advantage over high supply coins. And low supply for me is anything under or close to Bitcoin supply.
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Trading and investing in ICO is two different things. One can long term hold ICO coins and token and not be too worried about day to day price. By still people can get into scamy ICO and lose money so it is correct that they should do their research before investing, in both instances of trading or holding.
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I think the correct advice is for people who want to get in crypto to assess at which point of the market cycle they are currently. Lots entered in early 2018 after a big bull run, that was the mistake. The correct time to enter is now actually, those who invest now will gain a lot in the future. If you invest after you see prices skyrocket, you buy high instead of buying low.
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It is many reasons I think. One reason is that it is a new system of payment completely. But also that the banks do not want to help users to get crypto for fear of the old system collapsing. You remember the news about VISA and MasterCard banning crypto transactions.
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The way I see it, old coins are already tested through difficult times. The new coins, I cannot see how they will make it through this bear market. Some of the old coin had provisions for long duration bear market such as this and it shows. The ones that survived and keep going are now tested, their people know how to endure. The ICO coins, not so much. They burn through the money they got from the investors and then it is all over for them.
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Guys I did not get into crypto to have a nice slow investment of 5% every year, I expect the risk and anticipate the high reward. This is what crypto is, high risk. Most of us knew that it would be that way so why grumble about it now? Accept the risk and I hope you did not go all in with money you could not lose.
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If this day comes it will not be the holders betraying Bitcoin. It will mean that Bitcoin is not relevant anymore and did not make the effort to stay relevant. So some other crypto got in the way and become number 1 in the list of cryptocurrencies. Bitcoin already does not offer as much as some other coins, and the fees are not small. Bitcoin should make the effort to stay relevant otherwise this day will come sooner than we think.
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I think I'm this day and age it is highly irresponsible to not have antivirus not only related to protecting your crypto but for the computer in general. So many threats get discovered every day by anti viruses, it is scary. And because of this, many new ways are created to scam people and infect them.
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You are correct, many in crypto wait for mass adoption to come while thy sit on their asses doing nothing. What I have notice in crypto is that there is the belief that always someone else has to do the job. And it is because of someone else that we are not rich yet. This has to stop. People in crypto should at least promote crypto to outsiders.
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Shame I did not see this earlier. I have never paid to get shit coins, but I have worked to get paid in coins that now have very small value. So could be considered shit coins. I guess I can feel lucky at least that I did not buy any. My hope is that with the bull run some will rise in value.
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That is how they get you back at Paypal. I have swear too to not use it and then they make good deals for me that I cannot refuse. But it is a good thing for those leaving in the specified countries. Rest of the world should benefit too, PayPal should make that happen.
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Is it fair to call a bubble something that went from 10 cents in price to 3600 (current price)? People see the fall from 20k to 3k but do not acknowledge that Bitcoin was priced less than 1 dollar once. And we still have to see about the future because I am sure Bitcoin will go up again.
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I agree that KYC for bounties should not exist but KYC for ICO investors should be necessary for all. If they only ask for KYC after a certain amount then who is to stop one person from buying multiple times under the limit so no KYC is asked?
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If you have checked Ethereum price and how much it was last year you can see that Ethereum is at low point now. So logic say to buy. If you have bought at 80 dollars you can sell, you have made good profit. Take this profit and reinvest in some other coin.
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This is small movement and unimportant in the big picture. The market makes moves all the time, searching to find a reason for small moves like this only brings panic. No one will remember this small move in a year's time, that is certain.
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