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These statistics are really good. Although late, people are starting to educate themselves these days about very important technologies like Bitcoin.
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I think a small group of people is controlling the price, and that's not so difficult for them, since this coin has a totally centralized supply. That said, the price can recover at any time, but don't think you can easily predict. They can pump it whenever they want, the same way they can dump hundreds of billions of coins in the market.
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I am so curious that if Eth price overcome Btc's, what will happen in crypto world?
Bitcoin would remain the most decentralized cryptocurrency, and unlike ethereum, it really scales. So nothing would change for Bitcoin. However, the crypto world could take a hit, because a lot of people might lose money when investors see that ETH doesn't scale.
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I think Bitcoin will do great in 2018, but if I had to pick up an altcoin, I would consider something with real innovation, and that is not pumped yet. In that sense, I think Byteball can prove to be a great investment in the future. I has very good distribution model, DAG implementation and a developer that is constantly improving it. It's definitely a rare gem among so many coins with no substance.
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You need to inform yourself. Bitcoin is already legal in most countries... what happens is that many countries do not consider it to be a currency yet, but an asset.
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I've heard that Monero has too many botnets. It doesn't make it impractical to mine for the average user?
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It's been a great year for Bitcoin, and it's not being the first time we face a fork, so the FUD is not as strong as before.
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I was speaking about byteball at a meetup tonight and i was told that it is inspired by iota. I can see iota is referenced in the whitepaper. So i am assuming the statement was correct. What makes it different. Im sorry if this has been asked before. perhaps you can point me in the right direction to learn more.
The concept was around before both these projects: https://bitcointalk.org/index.php?topic=1177633.0If i'm not missing something, the difference is basically in the witnesses and distribution mechanism.
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Because understanding Bitcoin is not an easy task for most people. They need to educate themselves about a lot of things, such as information technology and the basics of economics. But you should look at the bright side of it... at least you're having the opportunity to buy at these cheap prices. It's called first move advantage.
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OMG, Bitcoin falling again, current price = 3866USD. What happen? we losing money every hours. Need exchange BTC to fiat? Who can explain this situation?
Nothing that Bitcoin can't handle. I think this is the time when people who think Bitcoin is in a bubble are selling. But I have good reason to call it panic selling. If you look at the Bitcoin chart in the logarithmic scale, it does not look like Bitcoin is in a bubble. I think we'll see a correction soon...
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For most alts the ideal would be to keep each one of them in their respective full clients. There are also hardware wallets supporting a few altcoins. Legder and Trezor are examples.
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...
cheap copy of IOTA
...
They are not the same.
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I'm also surprised, but it's probably just another wave of P&D. Such a sudden increase is not the result of organic growth. I recommend people to be careful with it. Nobody is using this coin for any reason other than speculation, so it's not sustainable.
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After carefully studying at least 25 different altcoins including Ethereum, Bitsend and NEO, I voted for Byteball. Because it offers an unique idea, and the white paper looks very interesting.
really byteball still? please be careful when you tell your opinion. make a research and explain after. What's wrong about it? The tech seems to be quite unique. ( https://bitcointalk.org/index.php?topic=1608859.0) It uses DAG, but it's quite different from Iota.
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It's not perfect, as others have already said, but if you study the types of failures that can occur in the Bitcoin ecosystem, you'll notice that these are problems with very low probabilities of happening, and most of them requiring astronomically high computational power to happen.
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The chart shows an almost vertical movement. I think it's just another pump.
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I think it's very risky to invest in altcoins when Bitcoin is in a bull run. If you find a better investment, and really have confiction that this will also go up, try investing small amounts. Bitcoin is still the best, IMO.
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I have no doubt it is Bitcoin. Ethereum is already having serious scaling issues, without mass adoption... if this crypto becomes popular they may have serious scaling problems.
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I think it generates new opportunities for freelancers and even normal jobs, since there are websites like Bitwage.com, which allow people to work in exchange for Bitcoin. Here in the forum there are also opportunities, of course.
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I would say this trend can go on until the end of the week. But everything will depend on how Bitcoin will react in the market.. at this point it seems that everything is interconnected.
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