Some of the countries already created their own coin but not too successful, because when the government create a coin then the coin will be a centralised coin which will be almost like fiat, bitcoin and alt coins got a different unique feature, so the existence of new coin won't disrupt anything, to be honest we don't need any new coin, the crypto market already flooded with tons of coin that got no value
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I dont think a decentralised currency could become stable, because of the repeated supply and demand the price will keep up and down, but with a mass adoption and when the supply and demand become balance maybe it could be more stable, but still it won't be as stable as fiat
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The bounty rewards is too small and the coins that being used for payment sometimes got a very low value, I think the best no risk way to earn is to provide your service, but for now, you need to money to make money, without a capital you will have to start with slow pace and the earning could be very low, you need to take a little risk to make money in crypto
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Money got a deeper usage than just a transaction payment, it also being used to control inflation and being used to avoid crisis, although the digital currency keep on coming out we will still need fiat money, crypto still can't be used for main currency because of it's volatility and full of manipulation, and for sure the government will choose a centralised currency which is fiat
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Yes its a bit tough to choose because of the endless bear trend and seems like its going to continue for longer times, and traditional investment like stock is not too different, for me I like to buy more bitcoin or eth, because now the price is still cheap and I am sure in long term I will make a good profit, I don't think crypto as a short term investment because in this short term I won't make any profit
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Its hard to predict whether bitcoin is going up or down next year, the chances are 50-50 but most of the speculation will be uptrend, don't expect there will be hype and huge rising like 2017, the situation already change, but I am positive 2019 will be a good year for crypto, don't too focus on alt because most of the alt got a short life period, focus on strong crypto like btc eth and xrp
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Yeah the rapid growth in 2017 wont be happening at that point many people just knew bitcoin and try to invest, turn out that the investment make a lot of profit for them and they invest more, but when the hype too high the price slam down really fast and hard, that situation makes the investors losing a lot of money and now they are more careful to invest in bitcoin, with this kind of reputation it will hard to make investors put their fund again, and the situation got worse because some countries already banned crypto and some planned to regulate it
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I think both of them are responsible for creating innovative products, I agree that there won't be any supply without any demand, but even if there's demand there is no guarantee that the companies going to supply, companies work based on the demand volume and how big is the profit
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My plans is going to different with each coin, but for sure I will only hold the alt coin for short term, and I will sell all the unpotential coin, but will keep on holding strong coins like btc, eth, xrp and other, I believe in the future there will be more alt coins losing its value and become worthless, but bitcoin and other strong coin will gain more value
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That is a good news for cryptocurrency in terms of advertisement by those people who will see the ATM and may potentially boost the adoption to india which may also be a way for that restriction to reconsider if in case that a massive adoption go well for india. It was just a restriction and not a total ban for bitcoin so that ATM might also be a test from a government of india how will their citizen reacts to that steps made.
Well its not good at all, if the status crypto is unclear then it's all right to try introduce and put the atm machine, but the situation now crypto is under heavy focus by the government it could lead to the total ban, and it also could increase the negative reputation of crypto, when the total ban or something bad happen then it could lead to the heavy falling of crypto, its a very bad idea
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For buying new coin it can't be only see from the CMC, you need to check the whitepaper the developer and the potential from different source of information, so we can have a more accurate data to speculate the new coin, and its not right to see the top loser coin and then buy it and wait for the price to go up, because sometime the price won't go up anymore, CMC itself cant be rely to make the decision, you need to see the chart to determine whether the price could go up or not
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As far as internet remains cyber attack is part and parcel of the ecosystem, just as we protect our houses, offices and properties ahead of time, let us also protect all form of digital asset. Owners of exchangers are like Government that vow to protect life and properties, The protection of users of any exchangers asset should be the priority of all the team members.
Yeah it can't be avoided, as the technology rise the cyber attack wil also rise, this event maybe could rise people awareness but some of the crypto also used kyc, and its impossible to buy something like airline ticket without revealing your identity, maybe the answer for this case is not crypto because when crypto being regulated, we will need to provide our identity
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Yes, beside knowledge we should be also discipline to follow all trading plan. Without discipline, all skill and knowledge that we have will be not usefull in trading. Other thing is avoid greedy and FOMO, because there are always top and bottom price.
I agree that discipline and other emotion things also consider as the succes factors in trading, the most important things that I learned from professional traders is to control the greed, seeking opportunity and greed is only a thin line, and we need to really analyse the situation to differential those two things, and there is no shortcut in trading it take hours and hours practice to succeed in trading, its impossible to win in every trade and it's impossible to become great trader in one night
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It shocked me, Japan government really thinking advance and dare to take a great step toward a better system I never thought that a government will dare to make this decision that freely allowed crypto to blend in with banking system, this could be a positive sign that crypto could survive for a long time and maybe could be the trigger for other countries to follow
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Stocks and forex trading looks simple than cryptocurrency which is more complex and lacks information to help traders to make more informed decision. In stocks, the information about the company can easily help predict the price of the stock than information on cryptocurrency.
Yeah stock is more predictable because there are a lot of data that we can used and there are insurance, so the price can't go very high or drop very low, so it's safer to trade stock rather than crypto, but the earning from crypto is limitless and you don't need any documents to start trade crypto
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It's difficult to see which project is profitable, when we join bounty campaign we can check whether the project is legot or not by the whitepaper and the developers background, but to know whether it's going to success or not is difficult, its a bit speculatice thing, the one that I can suggest is to see the marketing team and the roadmap of the project, if the marketing team is active then it show more promising that it will be successful
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I have to agree the majority in here, not all people cares about the decentralised, and with the media keep on focusing on the bad side of decentralised money, it makes people not really care and some even hate decentralised money , but if you asked business people then global decentralised money could become new breakthrough and the potential to make more money
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Every action could lead to health problem if you overdo it, sports could be healthy if you do it properly, if you overdo it then you can injured, but trading problem is more severe, it could lead to health problem and also increase stress level when you lose money, but I think we can't blame trading for the health issue, you can make a choice to stop when you feel tired
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It is true, that some Bounty Managers are greedy, not paying and even cheating with calculation of stakes and participating with their fake accounts in the bounty. We have to report those managers. On the other hand majority of the managers are honest and doing their job conscientiously. It is not their fault if the project team does not deliver the rewards on time or not listing their tokens on the exchanges or the value of the tokens crashes. Bounty managers cannot influence those things.
I agree that some of the bounty manager are greedy and some even cheat to decrease the payment, or try to stall the payment, but not all of them like that, and you can't make one side judgement, sometimes its not the manager fault, sometimes the developers got problem or miscommunication, and bounty manager also got a limited power regarding to the project
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Well since bitcoin had helped me when I was down, of course I will donate some to help, but only if I could verify that it's a real Satoshi account, Satoshi deserve a reward for introducing and creating bitcoin, so when the person in trouble there is nothing wrong to help the person because the crypto had save many life and create more income for a lot of people
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