850 was an important support level and now it has been breached, opening the door for a drop to next support at 792. The ultimate bottom is around 610 per Franko and others.
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so tough to predict anything these days. one thing is clear.....btc had a steady/continuous growth during the 2017.....and now in 2018 we are seeing only continuous dip. I am not saying that it will drop to three digits but will be bloody or better said messy. good luck to all traders.
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no room for excitement, made all my savings in cryptocurrencies and we all know well that period of price recovery is long and boring. so nobody knows what will happen next. btc around 7,5K all alts will follow the dip.
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good point is that if banks, western union, money gram and American Express all start using Ripple in 2018. Ripple will be bigger then bitcoin! Hands down. If Ripple is introduced to people around the world by the company’s listed above which are all ripple sign ups Ripple will be used by people everyday.
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A coin that is untraceable will never be adopted by governments or major corporations. Without some sort of trace to the original buyer, banks will never have anything to do with companies who accept anonymous transactions. That is just common sense. I believe Monero is here to stay but its only going to be prioritized by people who don't want to be traced.
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bitcoin price is everything at the moment but not stable. we are witnessing a downward trend, 12% down today, and almost 50% dip of the month. things possibly can get worse after G8 decisions. Ad banners already removed from chinese websites. like somebody is trying to destroy the concept of cryptocurrency.
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Will physical Bitcoins ever go mainstream or will they forever be shaded by the digital functionality of the crypto world?
Will their limited industry be expanded?
Who are the people that are buying physical Bitcoins?
Is Mike Caldwell still selling Casascius coins?
How are the physical coins made?
damn I would like to stash few physical ones in my pockets.....but those front ones . No seriously digital functionality is shaky a bit. Whenever man goes to internet there are threats. Everybody can be hacked so physical ones would be easier to keep/save.
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I would never wish a trader's life to the worst enemy. This job is stressful, not very healthy sitting in front of the screen for hours. Then one needs amount of luck to succeed. Uptrend is often lengthy and dips are quick and people often fail to react timely.
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saving in bitcoins is risky. asset is good but very volatile, the price was 19,800$ end of the december and now we are seeing only down trend. right now the price is 8,400$. who knows what it will be like the next week. G8 congress is around the corner. BTC was not created for savings but rather as payment method.
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All of you who believe that present time is ok to buy are wrong. Just wait for few more days (for G8 meeting) and then with negative thoughts/news from the congress we will see new bitcoin dump and value around 3-5K. Rumors of regulations are louder and louder...
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to be honest I am not very optimistic. If China, USA and Russia decide against cryptocurrencies they will shut it down in few weeks. Bitcoin can surge down with negative news to 1000-2000$, and all other alts will bleed even more. Best thing nowadays is to escape to fiat and wait for brighter days.
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not near to knock btc crown but still many positives within cardano. The platform is Haskell Coded with an Ouroborus Algorithm. the proof type is/will be proof of stake after Shelly project is complete. Team Cardano is the most technologically advanced team on the planet in my honest opinion.
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I would say yes because it fulfills an early promise of Bitcoin technology - the ability to transact freely and privately with anyone in the world. This protects the right to privacy held by all individuals on Earth, and opens up new commercial use cases which were impossible without truly confidential transactions.
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one really good news is that India will not ban Bitcoin. "We hope that within this year, the committee would finalize its recommendations and then it would require legal changes, regulatory assignments, but certainly there will be regulations by the end of this financial year,” Subhash Chandra Garg, secretary, department of economic affairs.
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was the 1st created, had the biggest network around and is already implemented. All other coins were just products based on bitcoin technology. (through forks and other it processes). Lot of people already in the crypto world but many of them let emotions got better of them. stay cool and don't sell at loss.
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totally volatile currency. Regulations and futures are killing bitcoin. Technology itself needs improvements/upgrades. Institutions and the heavy investor will want to lower the price as much as possible and then pump it up to around $23–24k minimum. We won't see any price stability in February for sure.
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I have a question. What if the bitcoin price decreases under 8K USD ,or even under 5-6K USD? Will graft project adjust the weekly payments? Thanks.
I completely agree with you. payments need new adjustments (actually they needed it even earlier). But right now we need to get our payments for week 9 and 10. also not sure that GRF were sent for week 8...
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well no one can be 100% sure but the fact is that xrp made breakout during the 2017. ripple was presented as a new way of payment system for banks. these days it is popular because of the fair price and great chance for jump.
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funniest story or crazy story is about hungry developer who bought two pizzas with 10,000 coins (back then it was little known digital currency) now you guess right it was 10,000 bitcoins. all this happened in 2010. those 10,000 coins were worth 40$ at that time. You can just imagine his feelings and thoughts when he saw 19,800$ value by the end of 2017.
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People sell bitcoins at some point because they need to use its value.....so they sell it and then use physical money to pay bills that keep coming month after month or simply buy presents (like it was a month ago for Christmas Holidays). Mostly they are not aware of real btc potential and capacities, once the last btc is mined the price will surge so high up and then we will speak of satoshies...
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