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The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
The very reason why bitcoin is an asset is because we give value to it. It is not a bubble considering people who take profit from it. The market is at its swell these days that is why you think that way. People who take part in the market are living proofs that whatever happens, bitcoin will stay beneficial even at its worst. |
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Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
At the present time, I don't think the world is ready for cryptocurrencies. People have yet to understand how the market fluctuates and if people start investing without them knowing it works, they may lose their investments. I guess the world will be ready in the next 5-10 years when the market is sure to have bigger values. |
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For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys.
More and more we see up's and down's controlled by some big players between 6000 and 7500.
Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want.
I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated.
So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400.
Ofcourse we are human, and after some push down's, we want to be strong and not give up.
But we also not want to be that person that miss the boot, where the rest break and sell the BTC.
It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming.
And the faith in going up higher, will be lost more and more. And that is what they want.
So what are you going to do ? Am I wrong ? It's massive indoctrination dunn by huge selling dumps.
We have 2 options Guys, let them play with us and let them win.
Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.
We can only win this battle if you leave your finger off the Sell button.
Succes gr Bas sorry for shitty English
I suggest evaluating your decisions and leave emotions away from business. It only goes to show that you are impatient enough to wait and understand how the market works. If you quit now, it wil not be a loss for us but for you and to time you spent working in thr market. When all things get better, the big players will earn big money because they are patient and all quitters will then have their only resort, cry. |
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I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme. Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?} The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles. Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it. How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about? I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH, and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this. I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  Well you cannot please everybody. For me, I always prove them wrong through the results that I am getting. Do not let them under your skin, they do not understand how it works neither do they want to learn about it. We can always prove them wrong and I guess that is the best revenge that we will ever have. |
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We all know about the volatility of the crypto market, but somehow we still preach about the Hodl doctrine. What keeps you motivated to do so? and what sort of trust do you have in cryptocurrencies? Investors like us are into predictions and discussions, but are we close to accuracy? Discuss  Knowing that I will get my earnings in the near future when the current prices rises once again. Be patient because all the coins that you hold will eventually have a higher value in the future. It is beneficial for me, waiting for the prices to go up without doing anything. |
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I see many people following the Airdrop channels
They enter every Airdrop , Share posts on Twitter and Facebook
Is it possible to make some money from Airdrops
If Yes is it worth this the time and work ?
Yes you can earn tokens from joining airdrops. If you are a patient person and you do not want to invest money then airdrops are for you. You can earn them by doing tasks in a short span of time. Although the profit is less than the average bounty, you need to work double time to get the earnings you need. |
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I reflect on the fact that lack of regulation in the field of crypto currency, gives wide opportunities for scam projects. And it will not be possible to regulate the cryptocurrency, no matter how much the goverments want to do it. In the fact that in the world of crypto, lots of scammers and they remain unpunished, I see one big plus.
People will be forced to learn to be more insightful, calculating and rational or will be scammed. Protection from the state decrease our instinct of self-preservation and slowed our development.
Crypto currency will make the next generation of people smarter.
Let's discuss this topic.
For the future generation, it will make them critical and logical thinkers as they will become aware of the risks and consequences in joing the crypto world. Crypto develops younger people and teaches them discipline that is essential in any form of business. |
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How long do you think will the cryptocurrency be popular? Does she substitution the usual fiat money? How many years will pass before this?
It will still be used in the next 10 to 15 years and will become a unified currency that will be used worldwide because of its technology. Many people are learning to understand cryptos and when the time comes that people are literate enough, it can replace traditional flat money as the only digital money everyone has accessed to. |
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Are you surprised at the price of ETH? what is the reason?
It is no surprise since most altcoins are at its lowest state in today's market. Just like any other altcoins out there, it will all experience the same downtimes and will eventually experience the values going up. ETH is a good investment when done in the right time along with good patience. |
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I recently entered the topic of crypto currency and now is not a very good time for earnings. Since bitcoin is falling. Please tell me how you can make money on the fall of the market.
I suggest you buy cheap coins while the market is falling, then manage to trade it when the market stabilizes. You could also spend more time trading to earn a substantial amout of earning for yourself. However, it requires knowledge and experience to somehow make your way into trading. |
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Newbie here... I've been thinking about buying my first crypto. I think I want to buy ETH, but wondering if I missed the boat already? Primarily I'm choosing ETH because I think there are less foreseeable limitations than BTC, and it seems like ETH is basically accepted everywhere BTC is. Plus its cheaper  Is now a good time to buy it? Should I wait? Yes of course, it is never too late to invest if you believe that it will give you profit. Also, invest in small amounts and work your way on top. Investors will eventually attract other investors for the value of the coins to go up. |
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Yes, and I also agree with it being regulated by the government. It is in order to have a better of control of the market and the situation. If we could manage and understand how the system works. We could find ways to somehow gain profit much faster without risking losing again. |
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Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.
I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
Well for starters, we need to let the government know how cryptocurrencies work and how the market is so volatile and fragile. As responsible users, we needed the government to regulate the usage of crypto in a country to be able to have a better control and access for the users in the near future. |
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Hello people, i'm new in the crypto worlds , i have two questions please i need logic answers . 1 - will mining will ever stop  ? 2 - what will happens when the cryptocurrency reaches it limits ( example : bitcoin 21M , ETH .... , and other curriencies ) ? will they win money after the currencies reaches its limits ? thank you ! Mining wil not stop, it may change how they mine but it will never change what they will profit. People are constantly learning and is looking for for solutions on how to get the market back on track. As long as there are cryptocurrency, mining will still develop. |
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These are hard times for cryptocurrency projects and ICOs. Prices are falling, and the internet giants are limiting crypto-related traffic and advertising in an attempt to protect consumers.
Yes it is evident that the prices are falling because of ICO programs that turned out to be scams and investors losing their money but that is how markets go. There is always a chance of losing and we cannot do anything about it but to be patient. We all know that the market fluctuates and is volatile the day we started cryptocurrencies and we should all know by now that it is completely normal as it always goes back to its peak. |
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There are some countries ban crypto use. Willing to know if crypto is accepted to in your country. I am wondering if Crypto currency is being used or known in your country.
My country is currently playing safe in the digital world and cryptocurrency. It is not known to most people and the government does not monitor it at this growing stage. However, I believe thag they should take the time to recognize it to be able to implement laws and regulations for it to become accepted legally. |
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The answer is just simple, we all are cowards . Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity . They are scared because they do not understand the crypto world, they are afraid of taking risks and of course losing something in their part. People wanted to get rich in a snap and does not work instantly. It takes time and effort to become successful. What they can do is to take risks but with caution. Always be careful when making decisions and taking risks. |
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
Risks are always in the field of business and investments. The higher the risk, the greater the profit. They say that crypto has greater risks than benefits because they are frightened that crypto will replace flat money which is inevitably correct. Risks are always a part of business and we should always think about it. |
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It feels like it's this time of the year again for the bullish market. Not sure if it's gonna the same as last year though. But many will recover. Whaddya think?
I think that stability is hard to achieve especially in a growing community. Although I prefer a market that fluctuates because it is saying that it continues to grow and progress. We can all expect that it will continue to have a roller coaster ride and that we are all willing to take part of this journey. |
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There is an ico from the Krypital team: Merculet. The project of this team was quite successful before: Cybermiles, Arcblock. Do you think this is a good ico? Should continue to join ico in the moment?
You should do a lot of research in the ICOs that you are joining. If you see that their plans are feasible and believable, then you might as well try. A word of caution though, be mindful of the ICO projects that you are joining, if you are convinced then you might as well try it but if members of the ICO program aren't active then you might as well leave and find a new one instead. |
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