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as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
Usually, when bitcoin increases all other altcoins follow, but this time around the situation is quite different. That's why we can't say that the market has fully reversed, as only bitcoin has been increasing sharply and ethereum has been following a bit, but other altcoins have been pretty average.
Re: More Countries Continue To Show Support For Blockchain Technology
South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.
https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/
https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/
I believe that blockchain technology is the future, the sooner they realize it the better. In near future, more and more countries would show support to it, as they don't want to left out.
I started trading two years back, at first i started with forex trading, as i didn't have any previous experience, so i wasn't successful there. After that i started crypto trading, as the market has been down, the situation is not much better either.
Re: Bitcoin has no practical use and could be damaging to the economy!
Even with the efforts done by the inventor Satoshi Nakamoto and the people who supported bitcoin around the world, still these guy from EY says there was no practical use for it and the deflationary model can only give damage to the global economy. On my thinking this isn't the case if this guy could only see how good the invention was. For me he was just talking non sense. Something that should not be entertained. Imagine how many lives have been saved by bitcoin in my locality. One was able to pay hospitalization, the other have been able to buy for him a house and lot, others have been able to buy a car to get to his job early, and so many other things.. See how people even made bitcoin atms and for just a simple reasoning bitcoin becomes useless and damaging? I think this guy has to wake up...
Read it here..
https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/
Read it here..
https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/
Some people have been against bitcoin from the beginning, they have been writing articles and saying all sorts of negative things against bitcoin, but we don't need to pay to much attention to these people, as bitcoin is unstoppable.
A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
To be successful in crypto trading you have to take risk. If you enter the market with a big amount and take some required risk then there is possibility that you will end up making a huge profits. These days, crypto is the field where you can get rich quickly.
I think many unemployed youth working in Bounty at the present time are using their free time to earn income.What is your valuable opinion?
These days, there hasn't been much income from bounties, as the market has been down longer than expected, but as the unemployed youth don't have much to do, so they can participate in bounties and accumulate tokens. When the market recovers, who knows some of these coins would be very valuable and they would earn a good amount of money.
There has been a lot of hype of binance chain and a lot of new projects have been rushing to join there. As binance exchange has been getting a lot of attention, so the price of its coin BNB has also been increasing sharply, but i doubt that it would beat ethereum. I am sure that when the market goes in bull run the price of ethereum would also increase fast.
ICOs are not dead yet, as bear market has been continuing longer than expected investing in ICOs haven't been profitable, besides there have been many scam ICOs, so investors have lost interest in them. As the market has started to recover, i believe the situation could change.
Cryptocurreny is very volatile, so the price fluctuates in minutes. It is very important to pick the right time for investment, if you can catch the train then it is for sure that you would make good profits in future. I believe that the present situation is very suitable for long-term investment. Just pick bitcoin and a few good altcoins and that would do.
Re: [BOUNTY] LOVE Air Coffee | ETH REWARDS | 100 000$ in ETH !!
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This is Che454010 from bitcointalk.org and today is the 6th of May 2019. I am signing this message to prove ownership of this account.
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There is no difference between cryptocurrency and forex trading. Crypto is volatile in nature, so fluctuates more compared to the Forex. Though crypto is more profitable, it is a lot more risky. Now, it is up to you to decide high risk, more profits or low risk, small profits.
Re: what do u think will happen 100 years or 1000 years from now
It is a hypothetical question, we don't need to bother what would happen in 100 or 1000 years time. We should only be concerned
what would happen in 10 to 30 years time. I firmly believe there wouldn't be any cryptocurrency in 100 years now on. It would be replaced by
a new and more advanced currency.
what would happen in 10 to 30 years time. I firmly believe there wouldn't be any cryptocurrency in 100 years now on. It would be replaced by
a new and more advanced currency.
I've noticed many ICOs have to spend a lot of money on promotions and advertising.
For example, let's say an ICO raises 10 million dollars but has to spend 9 million on promotion.
Therefore, they only really raised 1 million for the project.
Isn't this unethical?
If you're starting a company and looking for investors the traditional way via stock equity, you would never spend 9 million or even 5 million or even 2 million in order to raise 10 million from investors.
This begs the question, what ratio of promotion cost versus funds raised for ICOs is ethical?
And how do we know if an ICO is using an ethical ratio?
For example, let's say an ICO raises 10 million dollars but has to spend 9 million on promotion.
Therefore, they only really raised 1 million for the project.
Isn't this unethical?
If you're starting a company and looking for investors the traditional way via stock equity, you would never spend 9 million or even 5 million or even 2 million in order to raise 10 million from investors.
This begs the question, what ratio of promotion cost versus funds raised for ICOs is ethical?
And how do we know if an ICO is using an ethical ratio?
How can you precisely say that they have been using such an high amount for promotion and advertisement. I don't think that is the case.
Only if the project is scam then they initially tend to spend a lot or they spend just a fraction.
I believe ICO regulation would be good for crypto industry in general and it will also be good for investors and bounty hunters, as they don't have to worry about getting scammed. Over the last one year, many scammed ICOs have cheated both bounty hunters and investors, so if ICOs are properly regulated then it will keep scammers away.
The bearish market is the right time for investment, it is actually a blessing in disguise, but many of us have miserably failed to take the advantage of the situation and do the required investment that would be crucial for our success in future.
Re: Bitcoin price will hit $1 million in 2020 because of mathematics: John McAfee
Does anybody tell him to speculate bitcoin price, he has been doing it intentionally to gain some attention. Anyway, nothing spectacular has happened or would happen in near future so that the price of bitcoin would hit $1 million in 2020.
If you don't have much trading experience and are not aware of the fluctuation of price of various coins and don't have a lot of free time then day-trading wouldn't be suitable for you. As you are looking for monthly basis profits then short-term trading would work well for you.
I have bought few cents of bitcoin last year thinking that there will be bull run as it was being speculated by many of thr users here. Yet, the speculated bull run was never happeb and instead it goes down to bearish market. I was just thinking that if I could only just anticipate the bull run or the pump that never happen.
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
Don't fear of losing, you have to be brave and take risks. Bitcoin price has just started to go up it would probably wouldn't go down to 3k again. Even if there is some correction it would probably remain 4.5k to 5k. So, you have to take your decision if you don't want to put all your money then you can invest 50% of your funds.