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" On the one hand, these are amazing developments that validate blockchain technology and its potential as a currency system, however, they are also drifting us away from the original vision of a decentralised monetary system. In February 2009, Satoshi wrote on a P2P online forum:
'The root problem with conventional currency is all the trust that’s required to make it work…but the history of fiat currencies is full of breaches of that trust'” Taken from the article linked below, worth reading. Do you think the emergence of banking and corporate digital currencies will take away from the original cryptocurrencies or can they live in harmony? https://medium.com/@marcus_61942/decentralised-cryptocurrencies-vs-digital-currencies-3811e36cc94fThey will not do anything different from what others have done. There's a bit difference with Facebook Libra, it's being accepted by a lot of companies like eBay, PayPal and so many of them.. That's the only difference. And I already knew that it was going to be like that because Facebook is already a huge company and for sure it's meant to have a wide acception. But the thing is how many people are ready to make use of rue coin? Cause from what I've heard the coin is a stable coin, which means that it is in the same league as USDT and the rest of them that are all stable coins. BNB is in the same league as Bitcoin. But the way I see it, these coins are not making any change… if any cryptocurrency can make huge changes, it is Bitcoin. |
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I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
Holding a lot of coins can be useless most of the times. Having so many coins that you can't even monitor properly or get proper information on all of them is really a waste of time it is best to invest in few coins that are worth your investment, and the ones that you can easily keep track of and know what's happening in the market and be able to take any action you want quickly. If you keep on investing in small coins you will just end up with loss. I've seen someone that did that and all he got was huge loss, so he had to sell all the altcoins and then invest the little remaining money in Bitcoin. You can even choose Bitcoin alone. |
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I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.
I've heard the following people may actually be trillionaires:
Putin
Oil Saudis
Rothschild family
I don’t care what people might say about the Rothschild, Putin and the rest of them that you all have mentioned here, but since they don’t want to show what they have, then I’m sorry to say they shouldn’t be regarded to as the world’s richest. Only those that have proven to be that should be on the list. So as long as I’m concerned the world richest man is Jeff Bezos, followed by Bill Gates and Warren Buffet. |
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Well for me i do not think that there would be a pump for the bitcoin like last year but still i am hoping that it will happen next year or maybe pump but not like last yeat as well. For you what do you think will happen
It can be said that the worst forecast will come true and Bitcoin will be at the level of 2k, and the rest of the coins may freeze their development. Question one is what will happen with the received tokens and projects that have risked to begin in this period. I do not think that it will happen. There is a great future coming for the crypto community. The price of Bitcoin will rise very higher in the coming month or in the coming year and all of the projects will make its products and will start making us to earn a huge profit and all the tokens have the chances to increase in value. |
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it looks like bitcoin and other cryptocurrency can be a money laundering tool because in some countries the rules for using cryptocurrency are not too clear and when assets are sent to cryptocurrency wallets, there can be money laundering.
I think this is not the reason why those countries have still not recognized fiat. I believe that it is not easy to do o in the type of government where there is fare and just accountability like China and there is literally no concept of making money by entering the government. So regardless of how much personal space Bitcoin offers, it is not possible in the presence of an audit system having great history for the accountability. It is inefficiency of the system that misuse of power and corruption is spread around the world particularly in the under developed countries. If we formulate good policies and strict laws, we would be able to eradicate corruption. |
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I think this is the time for ETH investment. we can buy and save it. because you believe that in the beginning of 2019 prices will increase again ... there are still investors and various kinds of parties looking for ... hopefully that can be true
My first choice for investment is bitcoin because it is the pioneer crypto in the world and most promising coin. My second choice is Ethereum because it is the second biggest coin in the market and investment cap is increasing rapidly. My third option is XRP. It is fast growing crypto and the price is also very low. I can make big money from XRP in the future. |
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yes it is usually rise from the end of November until the end of January, but i dont think this year the price of cryptocurrency will rise significant in the end of year, because market are so bored and there are no something huge that can pump the price. it will be good for bitcoin to stay in between $6000 - $9000 until the beginning of 2019.
its annual trend that very end of year the price usually rise, there are many reasons for this explanation, in addition to cryptocurrency market cap and there are many new invostor coming with year end bonuses.
Yeah you are right. The price will not increase this year because there is no or very little demand from all over the world and I don’t think that without big investment the price will go up. Now people understood that the market has been manipulated by big investors and will not let small investors to make money from their investment. That’s why people are not interested in bitcoin investment. |
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The market seems to be green again. There's a lot momentum around some coins at the moment. EOS, ETH, IOTA, and so many other coins are significantly well. Even King BTC hit $7k and it has stayed above it for the most part of today. Is it same to say the bearish market situation is over and the bulls back in business to dominate the market?
I think not yet! its almost half of Oct. so we better wait till first week of Nov. if the market movement shows positive signs it will.But as we see Bitcoin still strong at $6500+ level and reaching $7000 but it return drastically while altcoins are show some positive gains but its not enough to cover the lose of entire altcoin market in the previous months so Bull is not yet back! as i see it but i'm not and expert i'm basing my insight on avalable data on the market. Till date there is no bull in the market and the market is still red. Hope the last couple of months will be better for cryptocurrency but these days the trend is almost negative and very low demand for bitcoin and Altcoin. This bearish trend will continue for some more time because till date people are not interested in cryptocurrency and the reason is downing prices. |
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That's right, but we are not always greedy. We need to understand where the greed is. It is essential to make you rich. If many people are not greedy when the bitcoin increases from $ 1 to $ 300, many people do not become rich. All is the opportunity and the moment, choose the right time to greed.
Greedy is a characteristic of rich people, because without greed people cannot become rich. When bitcoin reaches 19,000 USD a lot of people get rich because when they buy prices are still tens or hundreds of dollars for one bitcoin. Because they are greedy, they wait for prices to peak. When that happens, they get rich. Greedy is important, but accompanied by logic. My friend was in stock exchange trading for long time but greedily he didn’t make any money there because when the price of a product share grew a bit he would wait for more and as we know the stock exchange share price vary in every minute. The same he did in crypto holding. He held Liza for some time and sold them because the price was decreasing suddenly the price grew up and he lost about $112000. |
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It is still difficult to predict for this because crypto's condition is currently sluggish, which is clear, I am still confident that crypto will last a long time and for the future it will develop better and more people will invest in cryptocurrency.
The future is that of cryptocurrency and it will take over the market in the coming days. I have no doubt about the overtaking of currency market by crypto. The world is turning towards crypto and it is confirmed that the whole world will use only cryptocurrency in the future as their regular currency. People are investing in crypto to use and earn money for their investment. |
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I think it is achievable but ot will be very difficult in current market condition.Now it is bear market you have to be very cautious before investing in any coin.I would suggest you to invest in solid project which have a long term value.Never buy coin that are low in volume because it is very risky.
Pointed out. Gaining a 10% in a week for all trades is possible but difficult to achieve with our current market now. We are on a bear market right now where the prices are quite lower than it got highest this year, it is very risky to invest in a coin with a huge amount of money. I would suggest to not to be afraid, try some and invest some in modest amount so if tragic scenario comes it would be okay. As long as there is a price movement, even though in a range that is not too wide, we can still benefit. 10% a week seems make sense. So, even though we are in a downward trend, but to get profit through trading is still widely open. To even be able to get something like that, it all depends on your style of trading as well as the condition of the market. Usually for day traders, the chances of getting 10% weekly is possible, but at the same time, you also have to understand the risks involved when it comes to day trading as it is not always an easy thing and at the same time, nothing is always guaranteed. To get something substantial most of the time, it is always very good to take advantage of a volatile market which is why you need knowledge and know the importance of stop loss as well. As long as you are able to inculcate all of that, you will always do great. In this bearish situation it is not possible because the price is not increasing and when price is not increasing how is it possible to make 10% in a week? If you want to make big money from your coins, you should hold your coins for long time till the price cross atleast $8000. May at the end of this year this level be crossed by bitcoin but still there is no chance for that? |
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Zoom in one year starting at the end of 2013 and compare it to end of 2017.
If you see the analogy you will know that the price is going sideways until 20xx?
But BTC is far away from mass adoption so the only question is when the third big bull run will be?
I think it will not be before 2019 or 2020 but if you are a pessimist you also can say that it never happens.
What will be the third wave of mass adoption? I think payment channels and banking service.
Also POS acceptance. But since all BTC Cards got banned early 2018, because VISA and Mastercard are the monopolies ruling world wide transactions, mass adoption stopped.
We need a decentralized Banking service and payment channels for more tx.
You are right that many people still do not know even the name of cryptocurrency and it will take long time to prevail in the world. We don’t know about the coming situation of the market and nobody can say when will third bull run will start but the current situation of the overall crypto market is very miserable and in losing condition, especially the current year. |
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Not only ETH is the key to the future because there are a lot of other promising alts like EOS and NEO. But ETH is the most valueable and its chances are higher.
I agree that Ethereum is now a very valuable coin, and competitors cannot yet catch up with it. But Ethereum has weaknesses that cannot be eliminated. And now really EOS and NEO, are the leading competitors, but there are new coins that have all the chances to become leaders Aelf, Seele, etc. It is not possible, although Ethereum is the top Altcoin but there is a huge difference between bitcoin and Altcoin. The price difference is so high that Ethereum will take several years to reach to the current price level of bitcoin and then bitcoin will be more than $30000. Therefore in my opinion ehtereum will ever be a next bitcoin but will be the second coin. |
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Yes i always buy when the price drops sharply.but it depends on the coin whether it is worth to invest in or not. i will buy because this is a good opportunity to get a profit. It takes a long teme but it is an efficient way to make so don't miss such a good moment.
I think that bitcoin price will not down more than $6000 because if it happens that will be the end of bitcoin. With low price it will get buyers but there will be no supply of bitcoin. Miners will not mine bitcoin because the mining expenses will never allow them to mine bitcoin otherwise they will lose their money and waste their time, because of no profit at all. |
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For me online gambling is the best because it its convenience and minimum betting limits but in traditional gambling we need to go to the casinos so it will eat up some valuable time and also we will be tempted to lose more money than what we planned because of our surroundings keep bettings this is like our prestige related problems.But in online gambling we can play at any time all games available at same place.
I love traditional gambling because I don’t believe in online gambling because many sites are scams and they will pay you nothing. It is better to visit casino. If you lose money atleast you will enjoy the atmosphere, but in online gambling there is no fun and you will gamble from your bedroom. Although online gambling provide you home play facility but it is not good than traditional gambling. |
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I don't agree. I always see more elderly. people in casinos.
The reason is that new generation spends most of their time in computer and online gambling provides them the facility to gamble from their bedroom. Now there is no need to go outside for gambling and the elders will also never know about their gambling. That’s why the number of youngsters increases day by day. They do not understand what they are doing. |
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Tone Vays thought that $7500 was the top? Then he must have panic bought and did some FOMO after he sold. Hahaha.
Plus do day traders really listen to him?
In my opinion the price will remain the same as it is today because if we observe the price increasing and decreasing and this situation will continue for more time till bitcoin not find more investors. Many investors disheartened and they do not want to put their investment in bitcoin due to huge volatility. When the market cap remains the same the price will also remain the same. |
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At this rate I assume everyone does as well. Except for few people who cached the increases and got out on the right time and some people who have purchased short futures at the right time, there is absolutely no one in the world that made money in this market.
For the past 10 months the market was not proper for any gains and it was constantly losses for everyone, we have even probably put more money into it to drop averages than we would like to however it kept going down. We are waiting for that "big whale" to buy thousands of bitcoins at once so the price gets up a bit.
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considering EOS is the first commercially viable crypto, EOS.
EOS is a scam, please stop trying to convince suckers to buy this centralized piece of trash. EOS goes against the basis of cryptocurrency which is decentralization. Interesting if we talk about this case cause I have little investment on EOS. So far I didn't found any information that said EOS was a scam. The fifth position in the best coin rankings of the cryptocurrency market based on the CMC, makes me a little less confident in what you have said. I doubt that what you said is that EOS was a scam, but I have a little confidence if it was true that EOS have or will have a centralized system. Might it will be good if you put some reference, so as I can convince that what you said is true. EOS is developing very well in 2018 and promises the future will be a lot of success. EOS has a very good foundation, strong community development and professional leadership that is why EOS has grown so well over the years. If we define long-term investment, EOS is very good. There are many small coins which are very profitable and the market cap is also increasing day by day. EOS is one of them and I think there is no problem in EOS till date. If we think on the whole some people say that the whole cryptocurrencies are scam and there is no future of any one of them. Now what should we do? Do we quit cryptocurrency or take risk? |
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Well, since the market seems to be relying on bitcoin's status, then you can somehow check bitcoin's history and check every final quarter if how it looks like. I think, all, if not majority of occasions that bitcoin has its price rising.
No, I don’t think so because if you look the previous year bump in the price at the end of the year, the reason was that the demand for bitcoin was very high and this year the situation is completely different. Nobody is buying bitcoin and when there is no investment, the price will never go up. In my view the current price will remain till the end of the year and will not grow as it is assumed. |
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