Realistically, there isn't anything you can do about government intervention, their intervention is necessary to prevent mass-scale crimes and things that could damage the industry as a whole. I think that we should promote governments involvement, but push for favorable regulations to allow cryptocurrency and blockchain technologies to grow without being needlessly sanctioned by government rules.
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Glad to see some positivity, we're all human after all, we make mistakes, but we stuggle to be better, those of us that put the hard work in to become the best versions of themselves will be rewarded for their hard work and sacrifices. Those who just want an easy lunch will never get anywhere in life, that is the way a capitalist society works!
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There is no specific timeframe on how long you should wait before selling, but the general consensus is to hold onto your coins or tokens until you have made a fair profit, this could be 20% or possibly even more/less depending on how strong the market and coin is at the time, personally I'd cash out anything at 20% profit.
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If it drops below several crtical support thresholds in a row, then dump it like a maniac, as it's very unlikely to rise again. Similarly, if a token loses more than 90% of its value within a couple of days, then get rid of it quick before you end up holding serious bags.
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There are so many factors behind the changes in crypto price, but you can generally sum them up as either FUD or FOMO. FOMO factors are basically things that improve the perceived value of cryptocurrency causing people to buy in and hence inflate the market, whereas FUD are things that are adverse to the market, such as negative news and technical issues, causing money to exit the market.
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Personally, I think that there is a trend away from ICOs, they are beginning to find it harder and harder to raise money, I think I read somewhere that this September is the lowest amount of funds ICOs have ever raised since their beginning early last year. So while I think they will continue for a long time, they are definitely fading out.
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One of the major drivers behind the growth of many cryptocurrencies is the speculative aspects of it. I don't think that we're going to see stability for a very long time (except stablecoins) simply because this would also massively reduce the interest people have in the industry. People care more about getting x10 than the future of the planet.
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Good to see big players making blockchain moves, though they're not really accepting cryptocurrencies as we know them, rather instead using blockchain to make their own internal payments system more effective. Either way, it's a step in the right direction and something we should be happy about.
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It's true, you can see so many bounty spammers on this forum it's just infuriating. I think that bounty manages should just completely ban these spammer type people from their campaigns and form some sort of list to automatically remove them all at the end of the bounty. I bet that would curb their spam somewhat.
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Well, with ETH looking to move to POS after its Caspar upgrade, we can be pretty sure that it's going to become the new norm for most cryptocurrencies. I wonder if Bitcoin will actually follow suit, I imagine it will cause a lot of arguments along the way, and possibly lead to a split fork POW/POS. I can't say I'm a fan of mining, so I'd rather go the POS route even if it does slightly increase centralization.
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Any vanity pubkeys category? If so, I win:
0200000000000000000000003b78ce563f89a0ed9414f5aa28ad0d96d6795f9c63
[/quote] Jesus, that must have taken forever to bruteforce, what kind of hardware were you working with? Must have been an absolute beast, or you simply got completely lucky and cracked one early with low power hardware.
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Another bounty spammer appearing from nowhere to make a post in the hopes of getting merit.
Do you think that nobody has said all of this same shit before 1000x? GTFO. You're not going to get any merit and we both know that's what you are trying to get.
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It's true, as soon as Bitcoin drops by more than 50% or so suddenly a bunch of threads appear about the death of Bitcoin and the cryptocurrency industry. These are just the weak holders coming to increase FUD about bitcoin, but in the end it doesn't matter what they say, bitcoin is nowhere close to dead. Saying Bitcoin is dead is like saying Ford is almost dead, their market caps are similar.
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Are people really that desperate that they would rather buy copper membership than actually post some high quality content to get some merit? Pathetic. It's not exactly hard to get merit, just post something that contributes to the forum and people will recognize it and merit you for it.
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Not really impressed with either Hunt or Olinynk, both don't really deserve to be at the top of the game in my opinion, just waiting for an up and comer to come and destroy them both. Looks like quite a 50/50 match up, though I'll give the slight edge to Hunt due to his conditioning.
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So because people are expecting ETH to go down by opening short positions, it has made this prediction come true by crashing the price of the market. I guess margin trading has had more of an affect on the market than people probably thought it would. Hopefully people stop filling these shorts so we can finally see some longs opened up.
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There are so many people claiming that AI and Blockchain are the future, but they don't necessarily need to combine into one single thing. You can have two seperate trailblazing industries that don't hardly overlap, for example you can see massive advances in solar panels lately, but they don't overlap with the huge changes we have also seen in ceramic manufacturing. ICOs just use all the buzz words they can to grab easily impressed investors.
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Well at least with Bitcoin you can't have your credit or debit card stolen and bills racked up in your name. But that is a completely different story entirely because Bitcoin doesn't offer credit or credit-backed services (fake money). However, right now I would say that there is a greater risk of your Bitcoins being hacked from you than your bank account, but it's still early days yet, the tech needs to mature with more robust security measure placed on the client side.
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Well, by now this gloom will probably have evolved to pure terror when looking at the horrific state of the market. Sometimes I can't believe how much damn money I've lost, but I am still optimistic that one day the utility value of cryptocurrencies will be recognized for its incredible potential and we'll see a dramatic recovery. I can be that will take several years though.
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Are you talking about altcoins that offer the same functionality but have a much lower coin price? Well those tokens also have absolutely no volume, accepted merchants or developers improving the network over time. You can't base a coins success based entirely on its functions, it also depends on usage and acceptance rates.
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