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Author Topic: How will crypto go long term?  (Read 3664 times)
NowYouAreSee
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April 20, 2018, 03:58:29 PM
 #41

I think it's almost impossible to prohibit people from using bitcoin.
People are getting smarter every day and are finding ways to use crypto-currencies. A lot of countries have chosen a policy of cooperation with crypto-currencies and we have nothing to stop them from working in these countries.
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April 20, 2018, 04:15:13 PM
 #42

Agree with you this is the best time for us to make sick gains as an early adopter. so that when in future other people and the banks get in this game we won't be affected much and will be able to handle the situation in our way.
meanwhile, btc is breaking its resistance and looks like we are heading for a bull run. Grin
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April 20, 2018, 04:16:18 PM
 #43

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
The bank's cryptocurrency  will be no better than the fiat which is being centrally controlled. Cryptocurrencies give freedom from banks and these centralized institutions who control our money. Even if banks or governments launch their own cryptocurrencies, these Bitcoin and altcoins won't cease to exist. They will still be there. Their existence depends upon the demand and I think with coming years, people becoming more aware, the demand will rise.
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April 20, 2018, 04:22:21 PM
 #44

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

KYC and AML, IMO, are regulations that don't intend to 'restrict' people from trading, no matter how small their capitals are. It is rather a way to legitimize any trades done to prevent money laundering and nefarious activities. Regulations will clearly come along the way and it's also one of the many reasons why people will gain confidence in investing crypto. Your statements may or may not come true, but in the mean time the regulations are set towards legitimization of transactions done between cryptocurrencies and fiat.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?

Why would the big fishes disallow their meals on entering their territory? If anything, they'd be inviting us over the markets and then get our money while we think we're outsmarting them. Cutting the small fishes off on entering the sea will not make them any richer but would make things harder for them since they'd only fight with other big fishes in the sea. They need the bait fishes to take profit from, so they'll try and try to get us swimming inside their trap.

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April 20, 2018, 05:09:19 PM
 #45

Well, I respect your opinion but I would like to highlight the core of crypto here and as we all know that we have seen the regulations from each and every possible sector by the centralized authorities like governments, crypto is something that is divided into smaller parts and distributed every corner of the world. It is based on the strong fundamentals of the decentralization which represents the values of democracy. Governments can restrict it for the short term but I believe that crypto will be one of the major players in the fund transfer industry.
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April 20, 2018, 05:22:32 PM
 #46

Well, I respect your opinion but I would like to highlight the core of crypto here and as we all know that we have seen the regulations from each and every possible sector by the centralized authorities like governments, crypto is something that is divided into smaller parts and distributed every corner of the world. It is based on the strong fundamentals of the decentralization which represents the values of democracy. Governments can restrict it for the short term but I believe that crypto will be one of the major players in the fund transfer industry.

True, and I do believe crypto will go a long way for as long as people would not take it for granted and use it the way it should be used, as a decentralized digital currency that could be used worldwide. And most people now, even kids nowadays are way smarter and know what these currencies are because of social medias. I've known a few teenagers who frequently asked about these digital coins in my neighborhood and I'm happy to share to them my knowledge. And yes governments may put a limit to the usage of these currencies for a while but they can't really stop people from using it.
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April 20, 2018, 06:11:17 PM
 #47

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
First off I think you are sufferring a little bit from recency bias. You came in at the worst time if entered in January and if so don't let what you have seen the last few months effect you. Essentially I see a slippery slope fallacy here and I think you have nothing to worry about. Ask yourself this does the stock market have normal investors or is it all left to the bankers? Answer that and I think you will see we are all fine here, don't believe whatever story the media is feeding you, there job is to scare us normal folk silly.

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April 20, 2018, 06:20:50 PM
 #48

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I don't think crypto have any limitations in the future , you mean to say that banking sector and another government authorities will launch Their own altcoins and that will restrict the use of the existing Crypto , but I don't think that it will happen .
Take present time example of cryptourrency that here ripple and xmr like coins are from banking sector coins and still they are using by the cryptocurrency users like a simple altcoins, so we can understand well that we can make much more profit with the launch of more and more altcoins from the governments and banking sectors .
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April 20, 2018, 06:34:03 PM
 #49

It is true that maybe some banks and companies start in making their own cryptos and push themselves to other people like us engaging in cryptos to choose their coins rather than bitcoin. It may happen in the future but base on my observation, people are much prepare to engage in decentralized coin (which happens to be bitcoin) and some other altcoins that comes out early in the market. Those coins which have proven themselves to be worthy of attention and trust of these people. People are much prefer to have and invest in this coins than any coins to be out in the market, even if it will to come out from the government/banks. We all know that some people do not trust some governments with their moneys and assets. They want them to take care of their own money and that will only be possible if they engage in bitcoin, a decentralized currency and storage of money. This is the reason why i don't think bitcoin will be taken over by these banks/government, not now or not in the future, not even if they push it with their regulations. As long as there are people believing in bitcoin, bitcoin will always take lead in the market and in all cryptos.

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April 20, 2018, 06:44:03 PM
 #50

There are different crypto, some will be gone in long term because there project is for short term only but if you will invest or HOLD token/coins that you think will last forever then that will be a good investment because people will keep using that product regardless of the years past as long the product is useable.
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April 20, 2018, 06:49:58 PM
 #51

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I do believe that bitcoin has many years to come and it will work for many years in the future because firstly bitcoin has gained a lot of popularity among the people all over the world. Secondly bitcoin has also gained a lot of users around the world who are ready to invest in bitcoin. Bitcoin has also increased its demand all over the world among the people which is totally evident from the fact that bitcoin Price is increasing day by day.
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April 20, 2018, 07:18:11 PM
 #52

I think that the big whales had already exited bitcoins when it was at peak. They are manipulating alt coins now.

Altcoins are anyway susceptible to manipulation. They have low market capitalization, low liquidity and anybody willing to put down some money can try a pump and dump. You need some stomach to hold cryptocurrencies for the long term. It doesn't matter how big whales trade in the interim, because a good coin will definitely appreciate in value in the long term.


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April 20, 2018, 07:22:10 PM
 #53

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I do believe that bitcoin has many years to come and it will work for many years in the future because firstly bitcoin has gained a lot of popularity among the people all over the world. Secondly bitcoin has also gained a lot of users around the world who are ready to invest in bitcoin. Bitcoin has also increased its demand all over the world among the people which is totally evident from the fact that bitcoin Price is increasing day by day.
Bitcoin and crypto-currencies, not all of them, are here to stay. People are getting crazy for crypto-currencies, coins and tokens. I am surprised sometimes when I see how much money some icos are raising, exchanges works with full capacity, how can all this stop? Not a chance! Competition is just getting bigger and bigger, that is probably a good thing for all of us, just strongest will survive and stay with us. In long term many will fall, we need to be wise enough to recognize coins with potential, coins that have technology for the future, that can stand even when everything else is falling apart. Prices do increasing day by day, year by year, where is the end? Is it close? I don`t think so.



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Rainbot
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BitcoinGirl.Club
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April 20, 2018, 07:27:11 PM
 #54

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

Welcome to the world of crypto  Smiley

And if I understand you correctly you are saying having crypto regulations is rigged to bring back centralization back into the system as major players like banks, institutional investors all join this digital economy to over power we the small fish?
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What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I think we the smsll fish need the big fish so do they!!

I can tell you for a fact we still have a long way to go.

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April 20, 2018, 07:43:15 PM
 #55

I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
It is not necessary to have a lot of deposit with you. You can, for example, earn half of the bounty, and half to invest their own and you can start playing on the stock exchanges.
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April 20, 2018, 08:43:21 PM
 #56

You need some stomach to hold cryptocurrencies for the long term. It doesn't matter how big whales trade in the interim, because a good coin will definitely appreciate in value in the long term.

The top tier altcoins will definitely keep gaining value steered forward by Bitcoin, but what is your definition of a 'good coin'? Is it a coin with an actual purpose behind it, which differentiates itself from the shitload of other coins in terms of engineering, or do you consider 'good coins' to be coins with large communities behind them? Or both? Dogecoin is the perfect example of a community based coin that doesn't have anything to add aside from that. It has been a decent performer throughout the years, but greatly outperformed by coins actually serving a purpose with strong technical engineering. Bitcoin itself is and remains the safest 'bet'. Safe means less extreme reward potential, but also less extreme downward potential. Smiley
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April 20, 2018, 09:36:36 PM
 #57

The regulations imposed with all crypto exchanger by the government authorities could be a start of its long term stay for us.  It is to consider that government have a look into crypto continuing process on its development as seeing that a lot of people are now engaging in this form of investment. The strong foundation of crypto really help also to gain more supporters as they knew that this could be good for everyone and in the community.
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April 20, 2018, 09:44:33 PM
 #58

I think that the big whales had already exited bitcoins when it was at peak. They are manipulating alt coins now.

Altcoins are anyway susceptible to manipulation. They have low market capitalization, low liquidity and anybody willing to put down some money can try a pump and dump. You need some stomach to hold cryptocurrencies for the long term. It doesn't matter how big whales trade in the interim, because a good coin will definitely appreciate in value in the long term.
You know things is getting serious when they do manipulate Bitcoin too because money for them is not enough. Those greedy bastards are trying to get everything as long as they can control it, but once the governments join in i think they will stop their craziness. I think this is how easy for them to manipulate something that too low for them. I wonder how low does Bitcoin look to them that they can still manipulate some of the prices in the market.

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April 20, 2018, 09:47:53 PM
 #59

  Well, if you want to follow the scene a bit more closely, this forum is really the place to start. Also, check out coinmarketcap. www.coinmarketcap.com
Find some time to research the top players on the market, studying their projects, visiting their websites, following their communities, etc. That's the only way to get a true feel of what's really out here in the crypto scene.
   No one really knows for sure how long crypto is poised to last. With regulation crackdowns, and massive hacker attacks. Crypto is still standing strong. The market price is down to the governments around the world issuing legality statements, but crypto is on the verge on bouncing back.

Let's just wait and see!

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April 20, 2018, 10:03:30 PM
 #60

I think this kind of problem exists much more years ago from now like at that time people use to carry much more wealth and do not have a perfect unit system for the management of wealth. But nowadays people put more focus on earning money and managing the money in order to increase their production that allows them to use human beings for making money. That's how we get the idea of going the market, even more, this will allow for extra business and service good also fulfilling the organizations needs.
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