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141
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Alternate cryptocurrencies / Altcoin Discussion / Re: War affects the Entire Cryptocurrency?
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on: April 24, 2020, 11:23:16 PM
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I don't think war will benefit because only the global elite will benefit from the war. I think crypto is also part of the global elite, maybe this is just my personal opinion.
That indicates your thinking is very narrow,try reading a book so you have extensive knowledge. War can cause profits and losses for cryptocurrency, if the war is large-scale then it is certain that the world's infrastructure will be destroyed including the internet, bitcoin or cryptocurrency has no value at the time after the full-scale war, but if what happens is a war on a small scale then the price of cryptocurrencies has the potential to rise because of the tension of the war will cause FOMO, investors will secure their money in cryptocurrencies because a small scale war will not threaten the existence of cryptocurrency infrastructure, it will only cause FOMO. |
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143
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Alternate cryptocurrencies / Altcoin Discussion / Re: Next big thing in crypto?
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on: April 23, 2020, 11:02:30 PM
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Soon China will release its digital currency, and then Facebook is also rumored to be releasing its digital currency.
If China succeeds with digital money, likely, America and Russia will not survive standstill. Of course, they will make a digital currency version of their respective countries.
At this time, the existence of bitcoin will be tested, and big countries will likely be divided into two camps, the first camp is the camp that makes the digital version of the country then the second camp is the camp that will use digital gold or bitcoin.
I believe that if digital currencies made by large countries are not transparent, the valuation of bitcoin will increase in the future of digital money. |
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144
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Alternate cryptocurrencies / Altcoin Discussion / Re: Your Expectations for year 2020
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on: April 23, 2020, 10:26:58 PM
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I think 2020 will give us some surprises, now bitcoin and other cryptocurrencies are known to the masses and it could also be a new way of seeing finance (see the defi movement). I hope something changes see last trend of brent  people can see Are you sure? Before the COVID-19 pandemic, I also believed that this year the price of bitcoin would be in a positive trend due to halving. Still, after the pandemic came, now I think only that bitcoin prices will rise due to halving by 30%, 70% I predict bitcoin prices will stagnate or even decline. Hopefully, my predictions are wrong, and we can all get through this ordeal then get as much profit as possible. |
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146
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty alone is not enough
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on: April 21, 2020, 09:36:49 AM
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Right, there are many successful projects that don't hold a bounty campaign. They choose other ways to build a large community that can attract investors, for example by holding an IEO on a global exchange top. There are also those who maximize their products and collaborate with other large and trusted companies. However, the bounty campaign is one of the best choices for building a community, as long as it is managed well so that its main goal can be achieved.
Of course, the project prefers to pay to be able to hold IEO on famous exchanges. Still, the cost to be ready to IEO on prominent exchanges is not small, the prices are higher than the costs incurred to create a bounty campaign, but the success of IEO on well-known exchanges is higher compared to holding a bounty campaign. |
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147
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinmarketcap or Coingecko?
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on: April 20, 2020, 05:32:44 PM
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These two are useless according to me, Because they just want money, they do not care if they have listed scam coins or real.
You also need money, right?you are useless because you still need money, lol. Do not immediately make an assessment based on your thoughts alone. The website certainly requires money, but money can be obtained in a moral and immoral way. I've always used data from coinmarketcap, this might just be a habit factor. |
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148
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will another altcoin rise to overtaken Bitcoin?
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on: April 20, 2020, 04:59:34 PM
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Taking into consideration the nature and redundancy of Bitcoin technology and the difficulty in scaling, I am very curious to know if Bitcoin protocol will be dropped one day and another coin build to take its place. because now it's almost like the redundancy of Bitcoin and the time it takes for a transaction to be processed is part of what is affecting its mainstream adoption as a currency. please share your thoughts.
All possibilities can happen but for the option of the popularity of bitcoin will be replaced by other coins I think it's an opportunity that is not impossible but very difficult can happen, the currency must get attention all over the world and used in the mainstream by the public. |
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149
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will coronavirus encourage people to use crypto more thoroughly?
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on: April 19, 2020, 05:57:42 PM
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No it won't. A lot of persons are going through a lot being locked down in their homes what's on their mind is survival and nothing else. No one is talking about investing in anything the fed, health workers are trying to save the situation. I doubt if any new member can come I to cryptocurrency now.
The outstanding response, but you have to learn to see things from another perspective, with this pandemic, of course, everyone will do activities from home but certainly still need food, to get food that person must make transactions with food vendors, transactions using money cash will potentially transmit the virus, this is where the cryptocurrency plays an alternative method of payment for a sale, not for investment. |
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150
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Alternate cryptocurrencies / Altcoin Discussion / Re: Up or Down, People Hodl
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on: April 19, 2020, 04:50:35 PM
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Hodlers are waiting for their target price and obviously they wont sell at a cheaper price. There are times the peak price was already hit and that’s beyond their target price but because of greed they tend to hold for more, most of them succeed to take profit but most of them missed the chance of taking profit, greed and fear must be the reason.
There are two types of holders. The first is someone who will hold it until they get a profit regardless of the conditions that occur, this is a bad example of a holder, he does not want to learn to understand the situation of the coins he has, this type only relies on instinct. The second is the type that determines the lower limit of the price of the coin he saves if the price of the asset he touches x, then he will sell it regardless of whatever the condition is because he believes it is better to incur fewer losses than incur more losses. I prefer the second type. |
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151
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How is the Binance Family Doing?
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on: April 17, 2020, 11:57:53 PM
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I always dislike exchanges that have a strong dominance in the market, regardless of the good or poor quality of that exchange, too long a domination will create a monopoly.
All of you are convinced that all projects that succeed in implementing IEO on Binance are undoubtedly profitable; there is nothing wrong with that. Still, if this thinking continues, then I am sure there will be a monopoly.
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152
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will coronavirus encourage people to use crypto more thoroughly?
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on: April 17, 2020, 11:34:16 PM
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But as of the moment, frankly speaking the governments are not yet ready to use any crypto currencies as they have no control with and there are many hindrances that need to be fix first before it can be implemented. China is already in the move in developing their own currencies and once it will happen then more and more countries will surely launch their own currencies also. People are dependent to their respective governments so right now all of the decisions are on the government side if they will temporarily use a crypto to counter this virus or not.
The government will not be willing to use bitcoin for its payment method because bitcoin cannot be regulated, and the use of bitcoin, for the time being, does not contribute to the benefit of each country. Bitcoin is only a bridge between fiat and each country's digital currency. Bitcoin will be remembered in history as a forerunner to the creation of the digitalization of money. In the future, man will use digital money in each country where he lives, not bitcoin. |
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153
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Economy / Trading Discussion / Re: The right mindset needed for all traders
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on: April 17, 2020, 11:13:36 PM
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Trading is a prediction game, predicting the price movements of cryptocurrencies is quite tricky compared to stocks because no matter how good the fundamentals of a project, the price will always follow the development of bitcoin prices. We all understand that the price of bitcoin is determined purely because traders' assumptions are not due to progress or fundamentals such as stock.
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154
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Alternate cryptocurrencies / Altcoin Discussion / Re: The current world market situation.
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on: April 17, 2020, 10:38:46 PM
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It's really heartbreaking and disheartening to see the present world's condition. The pandemic is really not doing any good at all. It has really killed many people and brought world's lockdown and low economy growth but despite the condition, crypto has been doing a bit well but not like what we expected anyway but still better couple with the situation at hand.
Insted of thinking negatively about this pandemic, let's look at it from a positive perspective. First, this pandemic has made prices of foreign currencies and other investment assets lower than gold, of course. The decline in the valuation of investment assets can be an opportunity for new players to get profits. Secondly, this pandemic will change our perspective on Bitcoin. Warren Buffet once said that Bitcoin is an investment bubble. Still, if you can see the current conditions where transactions using fiat currencies will indeed transmit the virus and transactions using gold will require a lot of effort, Bitcoin is the real solution of this pandemic, you don't need physical contact to make transactions with other people. I'm sure the buffet will rethink saying Bitcoin is a bubble investment in the future. Third, it is a little dark, but with the existence of this pandemic making the population of the boomer decrease, the boomer generation is the generation that underestimates Bitcoin, with the reduction of that generation will assess bitcoin change. |
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156
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Alternate cryptocurrencies / Altcoin Discussion / Re: Starting point projects. Are they worth the hype?
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on: April 10, 2020, 09:08:13 PM
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Hey, what do you think about the projects that serve as the starting point for new people in crypto? Given the projections and everything "fingers crossed" we will soon experience a new bull run like we did 2017. At that time there were numerous people just blindly throwing money into crypto because it was booming.
So are the tokens of projects (lets, for example, say Newscrypto.io that has a school program, predefined charts and simple market indicators) worth a look into?
All this project have a good utility for beginners, but will people use them or just FOMO throw money into btc? What are your predictions on this, would you start on Newscrypto or just straight to the exchange/broker/whatever.
Depending on each person, sometimes some people only understand after practice, and some people have to read theory or practice before jumping into real practice, I think learning platforms like NewsCrypto are not a bad thing. |
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157
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Alternate cryptocurrencies / Altcoin Discussion / Re: The current world market situation.
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on: April 10, 2020, 04:24:26 PM
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yes i am seeing it too. cash is the king today but i think this pandemic will shift the money off the wallstreet guys to cryptocurrencies because fiat can be a carrier of the virus we are facing now. i think there will be a huge shift on investment now but at the present time fiat is the victor
Don't quote so many statements, it's disgusting. Fiat is still the choice of investors as a solution to the unstable economic situation, Bitcoin will not be the primary choice for the current crisis because the price is so volatile, we do not know the safe rate of bitcoin, and of course, investors also do not want to take that much risk to secure the money. |
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158
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Alternate cryptocurrencies / Altcoin Discussion / Re: Need help in baunty.
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on: April 10, 2020, 03:13:40 PM
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If you are at home and don't have a job, bounty is still a way to help you get money. Although you won't make too much money, I believe it will be enough to help you spend your life. Just go to the bounty section and search for the campaigns that are already listed at the exchange, which are the campaigns we should be doing at the moment.
The bounty campaign takes a long time, on average you have to wait 2 or 3 months before getting time, I think if someone doesn't have work at home, they are better off following the airdrop campaign than bounties because airdrops take very little time, but you should smart to sort out legit projects. |
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159
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty alone is not enough
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on: April 02, 2020, 07:23:30 AM
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I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right?  It is clear that the bounty campaign is to get a lot of attention from investors; there is no other reason than that. The sequence is the bounty campaign to create awareness of the project. Investors then check the quality of the project and decide whether to invest or not. |
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160
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Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Need a Catalyst to push up prices
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on: April 01, 2020, 10:05:21 PM
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You may differ with me but it seems like historically the real trigger and start of big bull cycles has only been because of btc halving event and indirectly we can say that the catalyst is nothing but when fresh money flows into the market that too in heaps of amounts, so its not a rocket science once we see volumes constantly growing month after month we can easily say that we are in a bull trend.
Halving has only happened only twice in the history of bitcoin, and historical data proves that it is true that the price of bitcoin goes up after halving. Still, with little data, because halving has only happened twice, your argument is invalid. |
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