Goldmann sacchs cancelled the development of their Bitcoin trading platform, which somehow lead to a fucking 20% market crash... Really. How the hell does one platform crash an entire market by 20%? This is why as soon as Bitcoin gets above $7,000 again I'm going to get the hell out of my holdings, it's ridiculous. The market is unbelievably sensitive to bad news right now, when one tiny piece of news like this can literally knock $35B off the market cap, you know something isn't right.
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Looks like the bubble still isn't over, perhaps we need to go down even lower in order to see the recovery we had hoped for. Right now the market is dire, like really bad. I can't even see how Bitcoin is managing to hold up over $6000 when bad news is just coming in thick and fast like a hail of bullets. There is a huge support wall at $6000, so hopefully we don't go too far below it.
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Honestly I thought it would be more than 46%. Most of the projects that launched last year were completely trash, and if they had been launched this year would have attracted close to $0 funding. At least the market is so harsh now that only the absolute strongest projects can survive, and we'll see a new way wave of ultra HQ projects, just like the venture market.
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Exactly, these projects grow and attract other investors using the time and energy you invest into them. Sometimes, time is a scarcer resource than money, so either one should be invested extremely carefully. After all, you can make more money, but time you can never make more of. Time should always take precedence over money when it comes from a skilled individual.
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For the most part, ICOs will tend to drop in value when listed on exchanges for one or more of the following reasons. 1. The bounty hunters and airdrop recipients dump their tokens on the exchange at just below ICO price to guarantee a quick sale (assuming interest in the market). The second reason is because they list the token on a crap exchange that is easily manipulated, as soon as the pump groups get hold of it the token price can go anywhere, whether high or low. Stay away until listed on at least a medium level exchange like Yobit.
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Well, as you just saw CNBC posted some news which wasn't even that bad, and Bitcoin immediately crashed in value by 5%, and Ethereum dropped down to just $225 which is absolutely insanely low. I almost can't believe how far these coins have dropped, it's really not looking good at all for altcoins, and things even look bleak for Bitcoin. I really hope there are some positive developments soon
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I thought that the IAGON project had a lot of potential, cloud computing platform that allows for computer power sharing. However, it's doing quite poorly in this mrket (even though it did reach its minimum cap). I think if IAGON had been released last year, then it would have seen its hard cap reached very quickly. Things have changed..... A lot!
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I don’t really see what there was to recognize? Just because something isn’t recognized by the governments doesn’t mean it isn’t an industry. What about the cosplay industry, do you think the government had a meeting to discuss whether or not people actually make anime style clothing and sell on Etsy? Seems like a moot point, obviously there is a mining industry otherwise 1% of the worlds energy supply wouldn’t be vanishing to supply mining hardware. The fact they needed to validate this is just a waste of time and money.
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It doesn't need to be anonymous, that's not its intended purpose. Obviously with enough analytics you can start linking wallet addresses to identities, especially when the exchanges have a habit of selling transaction and usage data. If you want something anonymous you better go for Zcash, Bitcoin private or ideally Monero, as these are much more difficult to track.
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You would need to be very naive to fall for something so completely obvious. But then again, I've seen even CEOs of companies not even understand the most basic of scam tactics on Telegram. So I can see why some broken english guy from India might fall for such a seemingly obvious trap. It's very simple guys, don't send money to anyone for any reason on Telegram unless you know them!
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It doesn't look like Bitcoin ETFs will be approved until the issue of potential price manipulation is resolved, and that's not going to happen until the market cap gets so high that even the whales cannot manipulate its price. So don't hold your breath to seeing ETFs accepted within the next year, as it's probably not gonna happen.
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Great mindset and exactly my thoughts. Holders are just trying to squeeze bitcoin for as much as possible so they can sell out later to fiat where it will remain. If they truly believed in the technology it wouldn't hodling, it would simply be storage of funds, just like a bank. I think that the largest proportion of BTC holders are actually speculative holdlers which really is unfortunate.
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You can't really say whether or not it has stood the test of time, because significant time has not yet elapsed since its creation. I think that for the most part, Bitcoin is doing really quite well, market capitalization is huge, number of merchants is growing and the competition in that strong. It still has at least a few more years left in the tank.
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I hear that wan is looking poised to do great in 2018, but in order to make a really great return from your investment you will definitely need to invest in a super low cap coin and then hope it explodes. I mean even if you start with $100 and make it up to $10,000 that would be an incredible transition, really depends on how much you consider "a little extra money".
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I would personally invest in a gaming platform, rather than a game itself. There are quite a few good ones that were recently released, such as Enjin and Loom, both of which have the long term potential to climb into the $1b market cap mark. it will probably take a long time though, but 10x for these is certainly within the realm of possibly, and even a probability in the case of Loom.
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I think this is definitely good information, giving people a way to invest in the future of bitcoin without actually buying bitcoin opens up the process to the large number of people who simply don't know enough about computers to get their own wallet or client, though there are extremely easy mobile wallets, many of these are not well known.
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I wouldn't say it's a scam because it isn't trying to steal your money. However, free things often requires something from you, whether you realize it or not, it could be your time, it could be your personal details or it could be information you possess. Be vigilent with all of these things when getting anything for "free"
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Just goes to show that even smaller exchanges like Huobi are completely raking in the money. I guess it's only natural with there being so little competition in the field, and so much trading volume, looks like the real MVPs are those damn exchanges. Even with 0.1% or lower fees they still generate tens of millions per year.
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Ethereum isn't waiting for anything, this isn't a waiting game, this is developers working hard to solve difficult problems, give it time. Right now they are working on implementing sharding and the caspar upgrade, potentially switching from a POW to POS based system, which is going to either make or break ethereum. Wonder what it will do to the smart-contracts currently running on POW, there must have to be some transition period or fork.
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If there's blockchains were a scam, don't you think they would have exited a long time ago? It's quite difficult to build something up to a level as high as it currently is whilst being a scam, since it requires the great majority user support. I really don't think that ETH is a scam, in that it is intentionally trying to defraud people of their money. It might be misrepresenting its current potential, but even that is probably due to ego rather than malice.
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