At the moment there is still hope that bitcoin can still become a currency for the people as was the initial concept. I see several countries that have said they will throw away the dollar and look for other alternatives. Here is an opportunity that can be utilized by bitcoin to be a differentiator for the current economic system.
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When Christmas is sure to have a holiday, when holidays the market volume will decrease, which means prices will not cause significant turmoil. There will only be sideways until the holidays end, until waiting for the trading volume to start crowded again. So enjoy your holiday over Christmas rather than being confused to monitor the current price of bitcoin because there is no significant price movement. You can check the chart in tradingview or in your favorite exchange.
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It is true that globally bitcoin and blockhain are not popular right now, but on the other hand many parties, especially developed countries are developing their own blockchain technology. There are still many hopes that bitcoin can realize in terms of its benefits as an alternative means of payment and are stored as an asset. Now is the digital era, everything turns into cashless no exception what is being carried out by banking today.
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The current condition is currently sideways maybe due to the influence of the holidays, trading volume is also not as large as yesterday. As I see prices are in minor support today, there is still a possibility the price will rally tomorrow. It will not take effect before closing in 2019, because there are still a few days left to find out the trend that will form next.
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It certainly has an effect, but whether it is significant or not depends on how long the project lasts. Ponzi always uses the situation when bitcoin is dropping. After that, the Ponzi project will be destroyed by itself.
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The more here decentralization becomes blurred, all competing to improve scalability with the aim of making efficient. But the thing that was sacrificed was decentralization. I prefer decentralization even with a large transaction fee because it can make bitcoin and blockchain last long for the welfare of anyone who uses it.
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Banks are in no way fearing bitcoin and other cryptocurrency. It's a thought that exists in crypto community only. XRP is not a CC but a centralized digital currency. Banks along with other financial institutes will never adopt decentralized cryptocurrency like bitcoin rather they will only adopt currencies like xrp.
What banks are doing now is a manifestation of their fears with cryptocurrency that could significantly disrupt the banking business. Why don't they want to adopt decentralized bitcoin because they don't have control over that, so XRP is their alternative way of doing that. They can still negotiate with a centralized crypto with the hope of making rivals to undermine the dominance of bitcoin.
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This is actually not surprising because cryptocurrency ads on Google web search have also been banned. Especially with the video that has reached 7M views can potentially influence people who see according to the youtube. As far as I know they say that cryptocurrency is high risk, therefore they try to limit all content about cryptocurrency.
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Now is the millennial era, where it will be easier to understand cryptocurrency in the future. Lots of sectors that can be utilized to support it such as Games, Marketplace, and several other sectors that allow to implement cryptocurrency into it. These sectors are now very widely used by millennial as a daily necessity. Everything is becoming digital, and then comes a cashless society that is very synchronous with crytocurrency which is indeed a cashless transaction.
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The reason is because the selling pressure is greater, no one knows for sure what happened behind it. What is clear is that I only observe what is happening in the market, not what is happening in the news.
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I will only verify KYC in exchanges that do have a good reputation. Because I believe a good exchange always has a good impact on our privacy as members. What often happens is the case of misuse of identity in exchanges that have a bad reputation or in new projects whose reputation is very bad.
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Salute to what you do bro Awareness about bitcoin is currently very minimal because everyone is only focused on the price of a Bitcoin only. In my opinion, no matter how high the price of bitcoin is, if awareness of the use of bitcoin is formed it will not be a problem because it will be easier for people to save bitcoin and use it for transactions.
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What you are doing is right to diversify into bitcoin and stocks. But you must be able to determine how much you must divide each. It is true that bitcoin has very sharp fluctuations that make it possible to get a greater profit presentation than stocks or other commodities.
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I agree with you, every day we only discuss prices, prices and prices. Very rarely does it talk about how to apply its benefits to everyday life, even though it is a way for crypto to be used by everyone. Every day only prices are discussed, as if bitcoin or other altcoins can only be called commodities. People forget what technology makes it, forget what benefits we can take.
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I just want to suggest if you feel that you have enough profit today, you can sell it, because whatever you can judge is yourself. We fellow members can only give input that is not plunging. Because everyone's satisfaction must be different benchmarks.
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I see you are more focused on discussing the bounty project here. In my opinion it will not have a big impact if your account is difficult to increase rank. Hopefully in 2020 there are new regulations that can make adding rank more easily achieved even though they are still using the merit system.
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To my knowledge arbitrage has a high risk because each trading platform has a different delivery time. A little late will definitely lose if you do arbitrage. Doing it manually will minimize the risk of having to rely on bots.
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Actually it has been seen since December 17 because there is a double top pattern that exactly happened on that date. As I learned, the double top pattern is a reversal pattern that has a high probability of up to 80%. So I am not surprised if current prices have shown a positive upward trend.
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It is natural to happen, every person or group would want bitcoin because bitcoin is a pioneer of cryptocurrency. Although the price is too high, it does not deter people from being able to buy even have it. In addition, bitcoin is a gateway for exchange from crypto to fiat currency. Almost all websites that support cryptocurrency payments are already integrated with bitcoin payments.
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I think not all traders open charts up to hundreds of pages. Because it's usually hard to find focus when too many charts are opened. Only need to open a few to be analyzed. Does not also require a computer with high specifications.
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