Banks can not afford increasing expenditure of the old technology anymore they will have to adapt to the change.Talking about technology and banking, Blockchain, will disrupt the financial domain with certainty. Much has been discussed, debated and discussed about this distributed ledger, both online and offline. So this innovative technology does not require a special introduction at this time. Calling it 'annoying' is a disparaging statement. To understand what a blockchain is, look at bitcoin or cryptocurrency. It has achieved many 'never heard' scenarios in the financial domain. Since technology has been introduced in the banking world, experts are always struggling to create safe and secure means of transactions. A person must go through a third party application or an intermediary or regulatory body to transfer money. But here is the digital currency - completely unfocused - and has broken all conventional banking laws. Today, a person can send money to anyone in the world immediately without having to go through the hassle of what I experienced. It has happened in many parts of the world. You can transfer money via WeChat, Whatsapp, and even Facebook Messenger right now. Believe it or not, blockchain is a breakthrough technology that can be applied to your domain-name. From agriculture, aviation to supply chains, finance, and the food industry, blockchains are everywhere. A lot of organizations around the world are already experimenting with this technology. Major financial organizations such as the SBI Holdings, Goldman Sachs and Citi group have already invested in blockchain. Back home, the State Bank of India (SBI) has grand plans in place to use blockchain for a number of processes, including the KYC system. South Indian Bank seamlessly carried out an international transaction using this technology. ICICI, YES Bank, Bank of Baroda, Axis Bank and Kotak Mahindra are some of the few banks that have hopped on to the blockchain bandwagon. While some banks are experimenting with this digital ledger and achieving impressive results, some financial institutions are gearing up to reform and redefine huge chunks of their banking processes.  Good for them and their customers! As far as my bank is concerned, I recall reading this article which showed that out of Fortune500 in last 50 years, 84% of them are dead today. In the next 10 years, I am happy to predict just a few banks will remain in Fortune 500. Most financial institutions will have either absorbed blockchain tightly OR they will be gone. It is there compulsion that they will have to start trade in crypto otherwise banks will be closed forever. Blockchain is developing technology and when it prevail in the world, all people will use it and they will feel ease. Blockchain is new era technology and cryptocurrency is backed by them. Those countries that know about this technology have accepted bitcoin. |
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Actually we can not really say the exact time when the bear market season will be over, it will largely depends on the factors that makes this downfall of price value occured, if those factors that make this fall settle then the time of the greenish will soar in that certain time of the market.
Yeah you are right nobody can say anything about the coming situation, but we should not worry about the current situation. Ups and downs are parts of business and crypto investment is also a business. I hope that the price will grow again and we will make good profit in the near future. This year is not good for bitcoin so far but hope next year will be good. |
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Bitcoin goes up to 20,000 $in December 2018 or below the 20,000$ P
For me, it is hard to guess what will be the price of bitcoin in December 2018 but I hope that it will be higher that 20 000$. If that situation happens, many holders of bitcoin will sell their bitcoin and the time that we all waiting will come. we all hope that way, because of course there will be so many parties who get positive value from it like 2017. so much altcoin that the price is also very high due to rising bitcoin price in 2017. I hope the same thing happened in 2018. The Bitcoin has the utmost potential to reach at any possible highest value because it has been suffering and surviving in many difficult situations and has proved itself as a most profitable and valuable cryptocurrency. The Bitcoin is going in low speed these days and this is due to the demand rate which will also increase in the upcoming days because the market is low and people want to get benefit from this favorable market. |
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Keep wondering if bitcoin will stay above above 6k,whats your opinion?
The current price of Bitcoin is 6k dollar which is still a very low value and we need a better market because it took a very long time to recover even a little and even if the value would cross10k dollar then this would be a fine price. as we know that low price market is better market for buyers so the demand rate will increase and we will be having a better value soon. |
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
You can always focus on anything that will make you earn more income, life is really hard to sustain because the cost of living is keeps on increasing so we should focus on a work that can give us more money and cryptocurrency is the answer. In my opinion, one should always have a side job besides dealing in crypto. This is going to keep you safe in case the market falls and the return from the crypto currencies declines. Also having a side business will keep you mentally healthy and you would be able to focus entirely on the crypto management which is very important and can earn you some good money provided you are the good player. |
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They are doing it since forever. If you believe in bitcoin what you and everybody else who believes too should do is to wait a few years because there has been voices ,just speculation that bitcoin price will be stable at 40.000 dollars in 2019 to 2020.
It is worth waiting a few years to get a considerable amount of money from your investment. This is also a very good time to buy bitcoin so do it if you can.
That is true that their are a lot of spectaculations but it becomes true to life because of the advantages that we can see. Bitcoin price will surely be high in price because it has a lot of investors who wanted to invest. Well they have seen that the market is huge enough to gain and save profit. Of course this is true. The Whales are holding a big portion of the Bitcoin in the market and they can fluctuate or manipulate the market by either selling or buying more. This is just because they fluctuate the demand. And since I have been reading some research papers on the crypto users, they are the most in USA and if we look at this figure in an aggregative way, we can view America as one of the most dangerous manipulator. |
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It would be a terrible thing if the Bitcoin pattern is the same as in 2013-2015, it could be the end of 2018 is only about 4000 $ -6000 $, as I think if it might happen? Let's look at the pattern in 2013-2015 below:  and this is the pattern from 2016 to the present:  What if it really happened, give your opinion?  Eehm… it can be very much possible, if there is not enough investment made to raise the price. Unless they are going to bubble it or whatever. The previous years I can remember that the price of Bitcoin usually goes up around ending of the year and not at the start. So as for this 2018, if I’m going to say anything about this, it probably should be around the end of the year, around September or October. And after this year, the price will likely go down. already old investors are converting their money to Altcoin or taking off their investment due to fall in the price and if the price more, the market cap of bitcoin will drop more and may bitcoin lose the first position in the cryptocurrency list. Ethereum and Ripple are behind bitcoin and it is quite sure that one of them will take over the first position in the market. |
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The reason people do not want to invest in the cryptocurrency market is because they read bad news in the media, bad rumors about the market ... But in fact the market is gradually flourishing in most developed countries.
People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency. Fear and doubts are sending them away, without any research they just judged the situations according to their knowledge, it seems that newbies are just here because of someone who give them information that they can easy gain profits when they invest with any crypto only to find out that the timing is not right and their investment start to lose. People scare of losing their money in crypto because of the falling prices. That’s the reason that people do not invest in crypto. Other reason is Ponzi schemes. Many people lost their money due to frauds and scams in this world. They will never invest their money again in crypto because of the reliability and authentication. Some people afraid of big pump and dump in the price. |
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getting a profit and experiencing a loss in trading is normal and that has happened to all traders, and as traders we should be able to stay calm and not panic when the price drops because we already have experience that is the best teacher and we must know what to do now
Ups and downs, profit and loss are the part of trading and those who doesn’t quit become successful traders. Continuity and strong determination are mandatory for affective trading. If you become dishearten you will not be able to make money from crypto trading. Better to forget about panic and try to trade affectively with your experience and skills. |
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Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
Patience is urgently needed in any case and for bitcoin must have a strong patience to gain profit, because the market price is very unstable. Patience and courage is mandatory for cryptocurrency business. It is right that there is truth behind patience is virtue and impatient people cannot invest in crypto because crypto investment is not for short time and if you cannot hold your coins for long time then you should invest in some regular business but not in crypto. To earn money from bitcoin you should be patient. |
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Yes it's time buy now because bitcoin now is 6100 price and i think it will go down more so for me it's great time to buy. I saw others now is regrets because they buy early they didn't know bitcoin will dump again.
The price is slowly and gradually decreasing and now on the edge of $6000. Many people predict that in the next one or two months it will drop more and will be as low as $3000 to $5000, but it is not guaranteed. It may rise again and you lose this opportunity. If you have money and want to invest in bitcoin then it is the best time. Don’t ask anybody and put your money today. |
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Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC now, wait and buy BTC cheaper.
If you want to invest on bitcoin in long term then the current price is okay I think because it looks like the price never fall below $6000 so that little amount will not be a big problem in the future when the price will get too expensive.The downtrend may already over and we may see the price rise in the coming days so don't wait too long because the price can jump too faster while you are waiting.There was a slight upward movement in the bitcoin price yesterday so it looks like the perfect time to invest. Yes, I actually expect that by now long term investors would have started accumulating bit by bit and keep doing so as the market keeps going lower and those who have bought at the peak, can start compensating themselves with the low market. The interesting thing here is that no one knows what the market holds, but the fact remains that we are still in a bear trend and how low we get, is one thing we cannot know until we see it but for now, it is a good time to start getting in for the long position. Not sure about the expensive market these days, I know that the market price is very low these days and the price dropped further at 6.1k dollar which is the lowest price recorded this year. We expect a high price soon as I have invested in the market when the price was around 7 k dollar and now the value is lower than my invested value but as I know that it is a long term investment so I will wait till the end. |
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So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?
There are stuffs like this in the internet... 1.find out your COGS (cost of goods sold). For example $30. 2.find our your revenue (how much you sell these goods for, for example $50). 3.calculate the gross profit by subtracting costs from revenue. $50 - $30 = $20 4.divide gross profit by revenue: $20 / $50 = 0.4. 5.express it as percentages: 0.4 * 100 = 40%. 6.this is how you calculate profit margin... or simply use our gross margin calculator! https://www.omnicalculator.com/business/marginThese are sensitive things but just speculative. You can’t just make a hundred percent surety about this profit calculation. Or if that can be possible for you, there aren’t enough certain chances for you to take this profit until you make hard efforts in a best possible way. Things can’t be just cleared in early stages of involvement in this world. It takes time and things would be getting better. |
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Hey guys, i need some suggestions and opinions about this.
I think the factor involve on affecting btc value and the greatest contributed could be the population. Yeah to some extent this can be a superstitious factor. Reason is, bitcoin is all about going up and down. When you are low in population that is taking part in bitcoin, there can be some space that wouldn’t be added as positive to bitcoin performance. We need maximum people taking them and trading in them. So that our target to make it reach to every person can be accomplished. |
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maybe it's a good idea to sell everything but if it's sold everything will regret in the future because who knows in the future assets are sold all have a high rise ...
Well if you sell everything then there might be a huge regret to you later. The thing is, we all have gathered some money in some forms. Some have land some have got building, some have got goods or anything. So if you sell everything for just making bitcoin that could be a bad choice for you. Because bitcoin is amazing but risks. So don’t empty yourself on this. |
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Some people say it's because of futures, but to me, a correction was inevitable as soon as bitcoin hit $10k which signified some pretty unsustainable growth. That's just how the markets move, in cycles. And right now, we're just in a bearish phase.
i don't think anybody is denying the fact that $20k was indeed a bubble and we needed a correction from it. i think every single speculator agrees about that. the disagreement is about where should the correction have stopped at. i'd say dropping down to $10k or even $9k was acceptable correction and it was done. the rest of the drop was not. it was pure manipulation and whales dumping that caused that drop. Yeah you are right and there is no doubt that we are in a bearish situation but I think that for the current market situation there are many reasons and the low demand is the big reason for fall in the price. When people come back to bitcoin this worst situation will end and the price will be on the way up. But that time we should not be worry about the current position. |
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After a huge bull run the bear run comes. Don't worry - it will go away and the bull market will return - when tho nobody can tell.
There is nothing about the collapse. This situation will be recovered soon and the upstream will be seen in the price in the near future. You should wait till that time and be patient. If you want to make money then hold your coins for some more time and when the price rise again you can sell them for higher price. Patience and courage is necessary for bitcoin investment. |
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We have been experiencing serious downtrend in bitcoin. Some people have been holding bitcoin since alt high $19500 December last year till date $6761 (six months ago).
My question is When are we going to experience pump/bouncing back to previous alt high?
I think no one can answer you that mate, we all know how unpredictable is bitcoin since it started and no one can predict when it will rise or fall. The best thing that you should do will wait and expect to rise its price again like what happened last year. How can anybody tell you about the exact time? It is not possible. You should just wait and hold your coins if you have. Don’t worry about the downstream. It is for the time being and will be recovered soon. All the investors are waiting for good times to come back and they recover all the deficits they faced due to decrease in the price. Just be cool and calm in this time. |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  LOL… are you still talking about Lightening Network for like two years or so, but we haven’t seen any sign of it. If you have, then I have not. Or maybe it is not or everybody, maybe it was only introduced in some locations and not everywhere. As for the price that is going down, many has claimed that it will be due to correction but I don’t believe so😑 man this is a normal thing that happens the rate of demand for a stock/asset starts to decline. So let’s accept it, the price will go up but we don’t know when. |
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Day trading and Hodl is very good and there will always be a a way for you to make profit and earn money. But as for which one is better, that’s what I can’t supply, so just go for anyone of them that favors you.Trading seems like a good idea, but the problem Is that not every time should you be expecting profit, cause you can either lose or win. Same thing apples to |
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