After the blockchain-based Crypto Petro Dollar, the Venezuelan government probably has a new idea to get foreign currency into the country. It wants to set up and build up a central bank for cryptocurrencies. Another crazy idea or does the idea have potential? For more details read this article on CCN. After unsuccessfull on petro coin, maybe venezuela want try different way. I think it will not success again like what happen in petro because investor must be worry about country condition |
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I think, right now no coin/token can be good like bitcoin as an investment. As investment, i am prefer bitcoin rather than other coin or token because its safest investment in cryptomarket.
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Right now is a tough time for anybody holding tokens. The HODL strategies put into effect a mere 3 months ago have cost portfolios a huge % loss in value...
I myself have witnessed thousands upon thousands in value destruction. Hrmmm, but what to do now?
Although I have watched, slowly and painfully, tokens descend in value equivalent to a brand new Cadillac down to a value where I cant even sell them for a used 1980s Ford where the bumper falls off...
Instead, I opted to HODL… But the question remains...
Should one effectively Sell-Out and take that broke down ford valuation now?
OR.
Does one still HODL and dream of Lambos full of Women and cocaine?
HODL in current market condition, i think is the best option. Market recently to much noise and fluctuation is hard to predict. My portfolio drop the value more than 70% but i am still believe market recovery again because i am plan to hold at least 1 year |
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Its true that too many altcoin in market. There is more than 1900 different coin and token in market and for investor its hard to make investment choice because many coin or token have similiar project with different total supply.
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Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?
I am always attracting on exchange who offering good interface and lower fee transaction. I am prefer choosing centralized exchange than decentralized exchange because i dont have to put my private key |
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Right now, ethereum compare with bitcoin at lowest level. I think if i am holding bitcoin, i will convert my bitcoin to ethereum because bitcoin dominant in market too high and i am believe ethereum will recover again.
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
You should use hardwallet to store your bitcoin more safe. Using hardware is more safe than using web wallet. Many phising web and thats why web wallet very vulnerable to store our bitcoin. |
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I think its hard to ignore bitcoin. Bitcoin is too large too ignore because market domination right now more than 53%. Beside that, most altcoin price depending on bitcoin price, if bitcoin price increasing, its affecting on altcoin price too
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For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.
I think bitcoin community tested in 2018. Too many negatives news about bitcoin and crypto market. Many people panic with that condition and selling their coin with cheap price. I am believe bitcoin price will recover to highest price again and market cap value will reach trillion dollar |
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With gold price right now, Gold must be very undervalue. Paper money always printed by central banks but gold have limited supply. Gold price should be more than current price and i am believe gold price will increasing when crisis happen
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Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets.
Yes, I agree with you, the government prohibits crypto to protect investors from that risk is not a real reason. I think they feel threatened by the existence of crypto. they don't like the competition brought by crypto. Most government prohibit and ban bitcoin or crypto because many reason. Some government have reason crypto is used for illegal activity and some government have reason dont have regulation to regulate cryptomarket, but we must optimist government will regulate this market |
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Using small capital should be not an obstacle for us. If we are patients with market, i am believe with small capital we can survive and can gain big profits. I think, patience with our investment is key to make big profits in market
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I dont believe end of dotcom tech reflected by drop the stock price. Technology always needed and we are living on digital world. Facebook or dotcom company will always moving foward and always creating innovative product to survive |
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if the bitcoin ETF approves, I believe it will grow even to $ 20,000 and to $ 50,000, I think to buy now would be very good and investors will get very good profit
Indeed, ETF approval will bring a large amount of money to cryptomarket. Its will bring cryptomarket rising and most crypto will increasing the price. Most coin in market drop more than 70% from all time high and i think right now is good time to buy and hold |
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Definitely has competition and also there are other coins that are used for different purposes that bitcoin will never fill the gap for which provide more solutions that bitcoin will never have. Digibyte is an example of one and is in constant development it already has lower fee's and can maintain higher TPS.. Maybe bitcoin will set the standard and after the elimination of the other 2000+ coin's there definitely will be a dozen left standing.
Many coin are better than bitcoin for transaction but i am believe investor prefer choosing bitcoin because having biggest liquidity in market. Its hard to replace bitcoin as store of value, most crypto community already think bitcoin is powerfull store of value |
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I can not imagine if that happen to me now. Its must be big regret if see bitcoin price right now. I wish that man can hold his bitcoin for 7 years and sell it at highest price, he must be already become billionaire
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More city accepting bitcoin, its good for mass adoption. Bitcoin very useful for tourist because dont have carry much money. Its much more safe to carry bitcoin because its hard to stole
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
I am still optimistic about bitcoin price. This week, bitcoin price slowly increasing and i think its good sign for crypto market. The good news is, ETF rejection dont give big impact for bitcoin and i am believe bitcoin price will recover and reach highest price again |
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In my opinion, if merchant accepting bitcoin, they will put bitcoin logo in front merchant. In my country, its almost impossible spending our bitcoin to shopping because government regulation ban it
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Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations. Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him. I found this interesting nonetheless and worth mentioning here. Full news: https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/Maybe he just want to avoid from his obligation. He just want to do tax evasion perhaps. Many celebrities and bussinessman hiding their asset on bitcoin because bitcoin wallet can not identified |
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