first of all as far as i can remember it was the exact opposite. meaning whenever other markets including Stocks market was crap and falling, bitcoin was rising and active as always. i still call that a coincidence and also call this a coincidence too. because secondly it seems that people have forgotten that bitcoin does not belong to US and it is a global market!
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Bitkoin rises again.
you are on bit cointalk, on top of the page it says bit coin forum, everywhere else you look it is saying bit coin, when you check the price it says bit coin price, when you go to an exchange it says bit coin / USD market. it is coin not koin where did you get bit koin from Will it raise to 20k, how do you think? Need your expert opinions, guys of course it will, why wouldn't price go back up to $20k? right now it is the dumping phase where panics thanks to all these FUDs flying around and rising back up is harder but as soon as whales accumulate enough the FUD will disappear and price will creep up towards $10k and as soon as it is broken it will shoot up to $20k
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No!
because to put simply the government is not just money printing machines. there is a lot of other things that they do and bitcoin is just an optional currency that is not even big enough to want to do anything to the fiat world.
the governments are not afraid of bitcoin. some countries have corrupted government like India and China which are seeing bitcoin as something that is harming their plans. and the rest of the world are afraid of what bitcoin might do to the economy of the country since it is not regulated and is highly volatile. that still doesn't mean they are against it .
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it has already multiplied who knows how much 50000 times maybe? the starting price was lower than 1 cent and the ATH is nearly $20000 and we are not even at the mass adoption stage yet. 30-40 times in "future" is nothing. bitcoin is on the rise and even though at times like this we see some drops, these are opportunities to pick up some more before the rise continues and it keeps the market healthy.
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1. ZCash at launch will have a whole host of competitors (that actually have users, infrastructure built, etc). 2. With the founders reward of 10%, having this be globally accepted and no less a replacement for Bitcoin is ridiculous. 3. Clones. This is a certainty. (If at all people even deem this coin worthy to copy).
Sure, total anonymity is preferred by some and one could say has a niche market. What's wrong with Monero here? ZCash will be a cluster fuck of epic proportions, and anyone that invests in it early on, will be looking to dump the f*** out of it at a slightly higher price. Bag holders, come grab some ZCash.
I do not know if ZCash will succeed or fail, I have taken a look at it and I am neutral on its chances either way. There does seem to be a lot of interest in it though, and your post here tells me you feel threatened by it in one form or another. Considering it has not even launched yet and people feel they need to preemptively troll it, it must be doing something right... you seem to have missed it but this topic was started nearly 2 years ago and actually it is quite funny that the owner of this throw away account chose a good name for his account "Random_newb". ZCash doesn't interest me at all but like a lot of other coins out there it also exists and gets pumped and dumped even.
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bitcoin and bitcoin alone. I want to hold that coin in this year, which is 2018 and I am planning to sell that in upcoming 2019. 2019 will be a big year for me, planning to get married
also know that obviously there is a risk in this investment and if you invest $3000 in bitcoin or anything else it may turn into 0 by 2019. the reason can simply be you lost your wallet! Bitcoin and ETH I suggest. If there are any coins that can possibly grow and survive for years it would be the two of them. i don't know about ETH is long term but there are a lot of coins that can be very profitable in short term including ETH but in order to successfully pull out a good amount of profit from them you need to be very familiar with the altcoin market and be a trader. and i don't know OP and his rank is low so with the assumption that he is new my suggestion is something that has the least risk.
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OP is wrong....
Green - HODL Red - HODL None of the above - HODL
Multi-millionaire - SODL (but HODL 1)
i wouldn't say wrong but your comment is incomplete. just holding all or selling all is never a good option and also it depends on the strategy that you choose. for most people who don't want to trade holding is a good option but for traders it is not a good idea. it is best to sell before the panic sells and buy the bottoms instead which helps with HODLing more coins after a while.
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So in summary, from reading this thread:
1) Miners voted for Segwit, and it got approved. 2) Most of them haven't implemented it yet, so the block size charts don't show a huge change. 3) Coinbase say they're going to go live with it in the next few days
Sounds like we need to wait a little while to see what happens.
SegWit is not something that miners implement! they voted for it because they have the hashing power. it is activated and will be effective when people use it. you can see that it already is happening but slowly. we already had 2.1 MB blocks with a lot of transactions in them. in short it is now up to users and services to use it if they want to get the benefits of SegWit such as the capacity increase.
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there are a lot of different reasons for that depending on who is saying it and when.
bitcoin goes into bubbles, that is a very well known thing and we have already seen it multiple times. probably at least 30 small ones and at least 4-5 big ones last of which was the 2013 which everyone knows!
so calling bitcoin a bubble or saying it is in a bubble when it was near $20k was a correct call. but not everyone was saying that. most of the things you see (like 99% of them) have been calling bitcoin a bubble generally even when it reached $1200 last year they were saying it should burst and fall to $500-$600 and kept saying the same as bitcoin rose up. they are just full of shit when they say it obviously and most of them want price to fall for many reasons mostly investment reasons.
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bitcoin and bitcoin alone. I want to hold that coin in this year, which is 2018 and I am planning to sell that in upcoming 2019. 2019 will be a big year for me, planning to get married
also know that obviously there is a risk in this investment and if you invest $3000 in bitcoin or anything else it may turn into 0 by 2019. the reason can simply be you lost your wallet!
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it is "hype" and since this is the altcoin board you can also say the opposite of FUD is the pump groups ordering the sheep to buy some shitcoin and that is what encourages people, i mean the sheep to buy.
otherwise if there is demand for something, people will buy it and the price of that will go up even if it is pushed down because of FUD.
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Etherium's current total supply is 97m ETH while Bitcoin's maximum supply will be 21m and we're not even at the quarter of it.
that is ethereum's circulating supply, it has no cap. there will be limitless number of it available. the circulating supply of bitcoin is about 16.7 million and 21 million is the max or final cap.
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there is absolutely no benefit in any of these "hard forks". they are creating useless junk out of something useful. and in the meanwhile the creators are becoming richer by scams such as adding premine to the fork they are creating and pump and dumping the coin and a lot of other ways.
if anybody wanted to get off their asses and do some real innovation they would have started from the scratch. but when someone uses the name of "bitcoin" it proves that they are like a parasite that can not live on its own and needs a host to feed on. and all of them are the same: bitcoin cash, silver, gold, fast, black, dark, new year,....
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true. but lets not forget about the most important part of "bitcoin is dead" FUD. the part where bitcoin price has a recovery and a huge rally right after the dump is ended. i made a topic about it recently: https://bitcointalk.org/index.php?topic=2862118.0each time there is a big rally of at least 500% after the drop is finished and these ups and downs will continue on the way to $1 million.
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(snipped)
If you missed Fluffypony's interview, he already said that if somebody attempted to develop an ASIC for Monero, their team would break it. And he said it really confidently too.
as much as i'd love to, i don't follow these stuff. but that makes sense. i know that one of the ways of fighting with ASICs is to change algorithm often so that the hardware becomes obsolete.
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My tips at current time. 1. If you are in larger loss, hold, the coin would rise one day. 2. If you are in small loss or profit, hold or sell, wait the market to stabilize a bit and buy. 3. If you haven't invested yet, don't jump in now, let the market stabilize before buying.
i mostly agree on all 3. but also there is a big problem here and that is the fact that you posted this in altcoin board so you are talking about all of them. this means your tip #1 can not always be true. a lot of the altcoins will not recover back to their ATH. depending on what some people are bag holding and at what price they bought them at, it can be a horrible idea to still hold them any longer.
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(1) the best privacy coins today and the near future? (2) Any of those four will be x5 the price when ...
(1) and (2) are two completely different questions! the best privacy coin does not necessarily get pumped big time, and a coin that is pumped big time is not necessarily a good privacy coin. if you are looking for a coin with real anonymity features then you should look into the technical aspect of it, and i say Monero fits the profile better than the rest. but if you are looking to make profit then it is a very different story. a shitcoin can give you profit beyond your imagination whereas a good coin may not even move that much!
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I think this is where the CPU and GPU mined coins will find its strength. *cough* Monero *cough* i am no expert in mining but just as an example i remember reading that litecoin changed to Scrypt to prevent ASIC mining. but it has ASICs for LTC now! there is also a common saying that goes "there is no ASIC resistance"! and on top of it, what is CPU, GPU mining? can't someone just create a new ASIC for mining these coins? the fact that nobody has bothered to do it yet only means that there were no market for it. i don't see it as strength. i see it as something that has not yet been put to test.
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you can not call this a "recovery" yet. this is more like a "correction" instead.
the same way that when price rises too sharp, it needs to drop and be corrected, price also needs to rise back up when it has dropped so sharp. the same panic buyers are now panic selling and making things "sharp".
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At present, bitcoin prices are down at $ 6,644.
price is very volatile right now but you created this topic seconds ago! price is nearly $7000 everywhere ($7k on bitstamp, $6940 on bitfinex, $6975 coinbase) This is a opportunity to buy bitcoin for long-term investors.
for long term investors any time is a good time to invest because in long term bitcoin will be worth a lot more. it is like asking if it was a good investment to buy bitcoin when price was $1200 last year same time and it dropped down to $800ish!!! But still need to be careful as the downtrend remains. The reason for the bad market may be due to an increase in access bans for international trading sites in China and the number of banks prohibit credit card payments for cryptocurrency
the reason is mostly FUD.
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