Forget about all those negative comments about bitcoin because they have been around since its creation and are still around yet bitcoin is not dead. Most of these views are just some sort of FUD that are being spread so that crypto investors with weak hands can sell it cheap whiles they buy and hold for the long term run of bitcoin. Bitcoin investments is all about holding for a long term hold.
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Crypto was actually far from a get rich scheme but currently i think it is but you got to invest in quite a huge amount to be able to earn such profits. Care must be taken as the little funds can be lost due to the high volatility of the crypto market. The idea of cryptocurrencies was to design a digital form of payment that is very fast and secured. I wish we could see this happen in the next years to come, Cryptocurrencies as a medium of payment.
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2019 is definitely not the year for another massive bull run as most people have been anticipating to see even though the crypto market have started increasing in value every now and then. This year seems to me the year for the correction of the market putting us into a preparation of a bull run but i don't think it is ever going to happen this year. So all those who have their fingers crossed for a bull run would definitely have to hold up a little longer.
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Bitcoin according to the whitepaper and vision of Satoshi Nakamoto was to see bitcoin as another means of making payment for transactions hence a true definition of a currency. But along the line bitcoin is now being held as an asset with very little functions of a cryptocurrency. We can increase the use of bitcoin as a currency if we educate more people about it and also tell them of its features over that of fiat currencies.
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ICOs still have a chance of surviving but this time around only legitimate projects and those that are actually serious in coming out with a product and not the usual pump and dump that we have been seeing since 2017. These days i think it is way better to invest your time and money into ICOs whose team is actually working to come out with some working tool or better still have one already in place. This shows serious committment on the part of the team and not some scammers who just crawl out of any cave just to deceive people and take away their hard earned funds without coming out with absolutely nothing.
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This looks very good to give it a short after all bitcoin mining started the same way and now is something real big. I am very glad i have come across this and i would look it up and sign up as soon as possible. Hopefully this coin would become very great in the future, the crypto industry is full of surprises and this could be one of them haha.
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The profits of mining are quite low these days because of the number of miners that are operating and also the increased difficulty in mining is also another factor to look at. That is why it is not advisable to mine cryptocurrencies as an individual unless you have a really cool mining rig to compete with those mining farms other than that it would be a total waste of time, energy, resources etc. Get into masternodes because that is the future of blockchain decentralization or any highly potential proof-of-stake based network.
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Well i believe most members in here have been waiting for quite sometimes now ever since the price of bitcoin went below $4k. The sudden increase in price of Bitcoin does not spell the coming of the bull run of bitcoin. We are likely not to see the bull run this year but if all things being equal we will definitely see it in the first quarter of 2020 when many blockchain networks would be undergoing major upgrades to improve upon their speed of transactions.
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I don't think Africa can really cope with the technology behind cryptocurrencies at the moment because most parts of Africa are still facing issues with energy supply and most of them also don't have constant internet supply. With the little amount of internet supply that is provided has also weak signals and this is really not good for cryptocurrency transactions. Hopefully Africa can come on board into the cryptospace have been fully developed.
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Well i agree perfectly with the statistics of this article because quite a number of people whom i have come across in the crypto industry are all males. I have met a handful of ladies though but to be honest the cryptospace is largely dominated by men. i guess we can do ourselves good by getting the information about the use of cryptocurrencies in making transaction to women since they hold majority portion of the global population and if bitcoin is to be adopted globally then we definitely need to make sure women also get to know more about cryptocurrencies.
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Sure bitcoin has been fought by so many institutions but yet still thriving, however i doubt we can see a huge rise in its value this year. i am sure the first quarter of 2020 would be a great turning point for bitcoin but not this year.
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Well you are right mate, i know most of the ICOs you have mentioned and i can also testify to the fact that those who actually raised huge amount of money are not doing anything better on the market. And yeah Counting House is really doing great.
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I don't think there has every been any crypto trader who have never incurred any loss before but anyway trading among cryptocurrencies is no joke and you really need to observe some trends in order to make more of the wins. If this is difficult to do just pay into trading signals group and you can make some profits out of their analysis.
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I have also been wondering how they plan to run their network with this recent upgrade. But i don't think they are going to run it like how most masternodes are being run because i have not read anywhere the number of coins that would be required if they are to run nodes.
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For mining cryptocurrencies i would not advise you to do so but if you are into running nodes on any network then you can go right ahead as you would not be competing to earn your passive income from the running masternode. mining with laptops would surely earn you close to nothing hehehe
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You can start by investing into some of the cheap altcoin such as XLM, XRP etc. or anything cryptocurrency that you find suitable to invest in. But make sure you do a thorough research before investing into any cryptocurrency so that you don't get scammed or lose your funds.
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Investing into bitcoins with such an amount puts you in a very right position to earn substantial amount of profit. all you have to decide is that are you going in for a long term one or a short one because there is going to be a rise and fall along the way before it finally rises very high in value. so the decision is yours and the wait is always worth it.
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Well the rise of bitcoin puts smiles on the faces of almost everybody who is into crypto investments. Back in 2017 i was happy when i cashed out when bitcoin was around $15k but i later regretted for cashing it out early especially when i realized it hit a record over $19k. Hoping it gets to that high again though.
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One of the simplest ways which we can help people to start using bitcion as payment method is to first of all teach them how to make transactions. So many folks are afraid of all the thefts and hacking cases that spread through the cryptospace and don't feel secured to use cryptocurrencies. if this fear is allayed by teaching them exactly what they should do so that their wallets don't get hacked i think people would change their mind and start using bitcoin to make transactions.
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Well if you are not really sure of investing into cryptocurrencies then don't do it ok because it is full of financial risks. If you decide to go ahead then Ethereum is not a bad cryptocurrency to invest into because it has a high marketcap with lots of investors coming on board always. It's price shoots up from time to time and you can make some profits out of that.
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