Credit cant be the measurement of a country economic, moat of the people consider credit card as debt, so the more people using it then the more debt it accumulated, but i think that ia not the way to see nation economic, you can see the nation economic with how big is the unemployment rate and how many homeless people, using credit card or using fiat doesn't reflect the country's economic but its more on the habit and the easiness for people to do transaction
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Its extremely important, the main idea of crypto is the decentralisation and the anonymity, where we don't need to provide our information which could be used to mislead or can be misused by other people, its not worth to sacrifice your privacy for money and we should encourage the developers to erase the kyc requirements to join the project
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This strategy will not work most of the time, a 20-25 loss betting is still keep you getting loose ad it is very risky to applied this method since most online dice casino has limitation on betting. Huge bankroll does not guarantee to have profit of this strategy.
The martingale strategy won't for a long term, its because the casino got advantage with the house edge, many modify martingale strategy has been tested by the professional gambler but nothing work for long term, huge bankroll doesn't guarantee profit but it could be factor that can prevent you to lose money, bigger bankroll means you can lose more times and it means you increase your chance of winning back
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Bitcoin is the pioneer and the center of crypto, the popularity and the transaction volume is bigger than other coins, all of the coins still rely on bitcoin to trade, but there is no such thing as unbeaten forever, bitcoin nees to be keep on being developed so the other coin could not replace it, this year second place is fun to watch, xrp and eth keep on fighting but I think this year the second place will be xrp
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I think there is no need to panic, the rumour said that this happen because of the manipulation and the hash war, so the situation is going to be temporary, I think the price will fall down around $3000 before it is going to go up, but for sure bitcoin is not dying and we dont need to make other people panic
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The blockchain related job is a good opportunity for now, alot of development has been made for implementing blockchain technology in different sectors, so there will be alot of people looking for the people to do that job, and with more people that are interested in that job, blockchain could be develop into a better usage, dont worry about the price falling or the disappearing ICO, there are still many job avaliable for blockchain developer
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Bitcoin was never meant to become an investment, it was created to become a global currency, and it is being developed and introduce, so for now the feature and condition still not yet 100% suitable as currency, as for the price, bitcoin price is doing great in this 10 years, the rising is very significant, some of the people still can't accept the bitcoin existence, they still prefer the old traditional investment, so can't blame them to look down on bitcoin
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It is a pretty sad situation where I have lost more than 50% of my assets, but I am not too worry, before I sell the coin its mean that I haven't lose any money yet, I never heard any investment insurance but its a bit odd, every investment got a risk that can't be decrease using insurance, insurance in investment going go make your profit goes down
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Yes it's absolutely correct, we need to follow the trend and try to be friend with the trend and we need to embrace and seize every opportunity within the trend, and each of the situation present different way to earn, if we can learn each trend and make it into our experience then we surely can get big profit and experience for the future
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Bitcoin was never meant to become an investment and bitcoin still got a lot of rejection from government, this situation makes bitcoin future not too clear, it got the chances to go up very high or it can be completely ban, fiat is not the correct investment because of the inflation rate, the best option maybe gold or stock
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Although the situation is bad but there are still some ways to make profit, the chart showed that the price not constantly going down, there are some part that showed the price going up, so its still suitable to do trading, in this situation the right approach is to buy and stock some potential coin, if you make crypto into long term investment then you can make profit
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A sudden spike will show that the market is full of manipulation and usually it will end up with correction, the spike growing situation wont be too respected by the investors, but the traders will be happy with this situation, while slow but sure growth will show that there are more people interested in crypto this situation, and it can attract more investors, so I prefer the grow steady situation
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I expected that ICO is going to become more crowded, but not going towards a good way because the reputation of ICO already tainted, many investors going to diversify their investment and there will be more iCO with copycat features, if there is no regulation then, we will be flooded weak coins and this situation wont be too good for crypto
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You got a point there, if you see from the other perspective its true that we are gambling every day, when we choose one decisions it can be consider as gambling, but I think there are different in making decision in life and gambling in casino, the reason why we are addicted to gambling is caused by greed, greed of making more money, while in making decision in life we are choosing option to get the best of the situation, making choice in our lives can't make us into gambler
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Many people are frustrated, and nobody expect bitcoin price could fall down so quickly, alot of people hope that the situation will get better and the bull market is going to come, it has been so many months without a significant rising, the market seems so unstable, from the chart and the news seems like there won't be any good rising soon, so we need to be more patience and keep on holding
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When the price is falling down then it maybe could a good time to buy, everyone got its own speculation and data to support it, so it maybe not correct, when people bought it at 1200$ its mean that they speculate tge wrong movement, they still can make profit with averaging, and it doesn't really keep on falling down, there is a time where it will bounce up a little, when a good coin fall down there will be a time it bounce back, but sometimes it will need time
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This is a great question and also one of the reason why the government hesitate to adopt crypto, without the taxes tge country could fall down, that is why I agree that crypto being regulated, so there is a mutual benefit for all, the government could taxed the transaction, so they can collect the tax from the exchanges, and we will need to pay taxes every time we trade, or maybe the government can make regulation only one wallet for each person, by regulate it maybe we can decrease the ponzi and fraud
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well good for you but i don't think you are doing the right thing by having "ALL" your savings in bitcoin. as long as humans were making investment, they were advised to diversify and also to invest what they can afford to lose not all their savings. of course your strategy depends on your lifestyle but for an average person, specially the bread winner of the family doing something like that is reckless in my opinion. don't get me wrong i strongly believe in bitcoin's future and i have a large stake in it but i still keep fiat and also other assets as a safety net.
I totally agree, investing all in crypto is too risky as you can see the price is too fluctuative and some even can fall until no value, I understand the frustration being supervised and unable to get freedom by using fiat, the most common sense is to diversify your investment into fiat and crypto, crypto still got unclear regulation, if the government decided to banned crypto then you can't do anything, and for now there are not many things that you can buy using crypto
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When the investors decided to invest in ICO they become the early adopter, they will got discounts and usually extra coin, the crash is usually happened when it hit the exchanges where the investors and bounty hunters going to dump the coin, if the coin got potential then the investors will hold it for long term or even buy more when the price become cheaper, there are several way from the developer to prevent sudden crash, like giving more interest if the investors want to hold it for long term, or limited the coin that can used by the investors in some period time
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Its still a surprise how a fork coin like bitcoincash affects Btc so much that it drown it in pool of blood ,I hope bitcoincash never split in the first place ,the war going on between bitcoinABC and BitcoinSV is just plain stupid ,I bet one will have to die for the other one to survive so why split at all?
I also surprised the forking could affect bitcoin that much, from the beginning bch is only tools to make profit, there are no revolutionary that the coin offered, the coin become famous because it was created during bitcoin got transaction fee and speed problem, I dont really see any big things could be achieve with bch and now with the forking then I am sure it will become no value coin
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