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Showing 20 of 23 results by Jennifer1023
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Board Speculation
Re: Will Bitcoin price be $20k dollars next year?
by
Jennifer1023
on 22/12/2019, 15:02:53 UTC
I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
I don't really think it's still bear market,It's already in a new price row
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Topic
Board Speculation
Re: Will Bitcoin price be $20k dollars next year?
by
Jennifer1023
on 22/12/2019, 05:24:07 UTC
I have no idea but when we look back at the halving history of Bitcoin the price always increases. But no one is really sure this halving will help BTC increase in the bear market, I hope Bitcoin price can exceed 10000$ and be stable for a long time in 2020. I do not set the target too high because the current market is very boring and there are too few investors interested in the market at the moment. As long as the price goes up to $ 10,000 and I will sell all the Bitcoin I hold and wait for a better price to continue investing in it.
In fact, no one doubts that Bitcoin can once again reach the price of $ 20,000, but the whole problem is how long it takes for Bitcoin to reach that level.  It seems to me that the situation on the cryptocurrency market has changed dramatically compared to what happened in 2017, but you also need to take into account that the attitude of the public towards cryptocurrency has also changed and today everyone understands and realizes the risks of the cryptocurrency market.  But if we talk about the benefits of investing in bitcoin, then first of all, everything will depend on how long the investor makes an investment, since only a long investment can bring a good profit.  But if cryptocurrency users who buy Bitcoin at today's price, because they have planned short-term investments, risk losing if the market goes down.
That's true,back to 2017,People only think buying BTC getting the benefits,But now people aware of the danger in the capital markets
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in public chain?
by
Jennifer1023
on 22/12/2019, 05:20:11 UTC
It is too complicated, there is no definite reference to become stable. All have the opportunity to be stable, don't just value bitcoin and ETH, then you are as if you are pessimistic about its future functions.
As expensive as any bitcoin and ETH value can still be purchased with certain fractions. I prefer to use coins that are certainly like BTC and ETH rather than having to find a stable coin that somehow doesn't necessarily mean that it can last long.
But it may produce a problem,You can buy more thing if you don't sell it today,so will you use it not store it
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 08:41:16 UTC
Public chain with 'Bitcoin or ETH'(which price will keep going high) can support its ecosystem business going scale, Clearly the costs to the DAPP developer and the customers is going high along with.

Maybe every public chain without a stable coin will vanish eventually. Any ideas my friend?

They are at least for now. Our economy is totally revolving around fiat that's why the fiat are relatively stabler than crypto. One of the reason why people are not accepting crypto as a currency is due to it's volatility and stable coins could solve that problem to some extent.
Yes,The purchasing power which the crypto represents matters
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Topic
Board Speculation
Re: Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 21/12/2019, 08:36:26 UTC
Halving is a few months away, and looking back, end-of-year always posts awful price action and lame market movement, so I won't go so far into expecting anything good happening before 2020. After the halving is what's really interesting considering that we're in the greens for most of the halvings over the course of 10 years, and it will be no surprise if we get a small bullish movement after the halving.
i can not imagine when people buying a lot of bitcoin now , sell everything they have now to take this chance but after halving occured , the price of bitcoin plunged down to -50‰ or worse.

what you gonna do?

sell it immediately? wait for a month or two then if the price still did not move, sell it anyway?
think for the worst scheme before making any investment eventhough you know that there is a big chance , therr is always an unexpected thing to be anticipated.
I think you've got a point.if people are buying BTC and when good news coming,the selling pressure is going to be so big.So it's hard to say
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 08:31:16 UTC
I always thought that a stable coin was needed because investing in the crypto world would be needed to hold our funds when not investing or  daily trading. so I think stablecoin solves the problem when holding our funds when the market hasn't given potential yet
But may the USDT can fit this need in this purpose?
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 08:28:39 UTC
for me maybe a stable coin is needed but its function is always used to hold capital when the market is in bad condition, so I think its current position is quite important because of that. because for me it's better to hold a stable coin when it goes down then buy bitcoin or other altcoin when it has potential to go up
Yeah,Exactly
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 08:23:43 UTC
Maybe every public chain without a stable coin will vanish eventually. Any ideas my friend?

there is no relationship between these stable coins and cryptocurrencies. so this question doesn't make much sense to me. the fact that these coins using another chain (like Tether using bitcoin blockchain) doesn't mean the main chain is relying on them!

stable coins are only satisfying a need that exists right now. the need to first transfer money between exchanges without needing banks and second the need for something stable in market that is extremely volatile specially altcoin market.
if some day that purpose could be achieved with banks (like having faster bank transactions with lower fees and little to no KYC) then stable coins would die overnight.
I think one reason people don't think stable coins related to cryptocurrencies is that most stable coin solution is centralized.But if we have decentralized table coin solution using PoW to produce every stable coin and only with market to balance the stable coins' price and supply.I think that would be a good solution.What do you think of this solution?

obviously if someone could come up with the idea for a truly decentralized cryptocurrency with a stable price then it would be a great thing as it would fulfill a big gap in the cryptocurrency market. the problem is that so far nobody has been able to come up with something like that and i don't think it is even possible without centralization. i'll be glad to hear if you have any idea for decentralization of stable coins.

it still has nothing to do with coins like bitcoin depending on stable coins or vanishing without them though.
Check this out buddy:meter.io, and tell me what do you think about this object,Want to discuss if this is a good solution
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 03:54:06 UTC
Maybe every public chain without a stable coin will vanish eventually. Any ideas my friend?

there is no relationship between these stable coins and cryptocurrencies. so this question doesn't make much sense to me. the fact that these coins using another chain (like Tether using bitcoin blockchain) doesn't mean the main chain is relying on them!

stable coins are only satisfying a need that exists right now. the need to first transfer money between exchanges without needing banks and second the need for something stable in market that is extremely volatile specially altcoin market.
if some day that purpose could be achieved with banks (like having faster bank transactions with lower fees and little to no KYC) then stable coins would die overnight.
I think one reason people don't think stable coins related to cryptocurrencies is that most stable coin solution is centralized.But if we have decentralized table coin solution using PoW to produce every stable coin and only with market to balance the stable coins' price and supply.I think that would be a good solution.What do you think of this solution?
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 21/12/2019, 01:59:06 UTC
In the future, perhaps not, stable coins are rather needed for the transition from fiat to crypto.
that could be a bigger scenario,but the public chain ecosystem may still need a stable coin to support the ecosystem?
Post
Topic
Board Speculation
Re: Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 21/12/2019, 01:43:24 UTC
Yes the price will definitely see an increase before the halving and continue after the halving. I expect the price to reach $50,000 sometime next year.
Wish $50,000 have a chance,now just buy it Grin
Post
Topic
Board Bitcoin Discussion
Re: Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 20/12/2019, 15:44:28 UTC
The problem is that you generally have to compromise on decentralisation to achieve it.  The arguments in support of "stablecoins" generally hit the same wall as the arguments in support of greater throughput, except that stablecoins hit it right away.  With things like increasing blocksizes, centralisation creeps in gradually over time.  But with stablecoins, right from the offset, there's generally a central entity keeping funds in reserve to (supposedly) back the digital tokens 1:1.  While not everyone would agree, many would argue that's too high a cost to pay just to keep the price steady.
I have heard some decentralized stable coin solution,and I was convinced by their ideas,check this out:meter.io Glad to hear your opinion.
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Topic
Board Speculation
Re: Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 20/12/2019, 15:21:55 UTC
It's still too early to say, we are in the deep market even if we can see this as the possibility of a sudden increase there may be a chance but let's not expect that high so we will not get disappointed when the bull run comes.
Even the halving is here, we cannot guarantee that next year, $20k will come.
hahah,I think you have a very good sense about the market bull run time,hahaha,Thanks buddy
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 20/12/2019, 10:47:26 UTC
It's still too early to say, we are in the deep market even if we can see this as the possibility of a sudden increase there may be a chance but let's not expect that high so we will not get disappointed when the bull run comes.
Even the halving is here, we cannot guarantee that next year, $20k will come.
Yeah,I think you've got a point.Low down our expecting, Don't get the disappointment, hahah, Thanks
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 20/12/2019, 10:35:22 UTC
You mean the halving.

If I were you I would stop expecting way too much just like before.
2017 is not the year of the halving it was July 2016 when it happened. So you cannot really connect the halving into when the bitcoin price will pump.
Just buy bitcoin. That is all you have to think about for now.
The cheaper the better. But when will you know when it is cheap? You decide.

Yeah,Thanks for correcting.
But back to 2017,The bitcoin market is so small,Maybe no one is manipulating the real market.The 2017 pump is mainly by the new thing exposure, especially when it comes to money.
Now in 2019,The bitcoin market is a very mature one,The manipulator is going to see this:people are expecting the pump.The halving is the very good reason to pump the market.And they will make a great profit.
Only my personal ideas, hahha, willing to hear everyone's thoughts
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Topic
Board Bitcoin Discussion
Topic OP
Will stable coin be the necessary thing in every public chain?
by
Jennifer1023
on 20/12/2019, 10:13:05 UTC
Public chain with 'Bitcoin or ETH'(which price will keep going high) can support its ecosystem business going scale, Clearly the costs to the DAPP developer and the customers is going high along with.

Maybe every public chain without a stable coin will vanish eventually. Any ideas my friend?
Post
Topic
Board Bitcoin Discussion
Topic OP
Will Bitcoin price pump to $20k dollars next year?
by
Jennifer1023
on 20/12/2019, 09:59:06 UTC
I mean the halving is here.

Guys,what do you think?
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Topic
Re: [ANN][XIN] Mixin Network - "All Cryptocurrencies Accepted Here"
by
Jennifer1023
on 21/12/2018, 09:29:04 UTC
Why is the social bounty stopped?
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Topic
Re: [ANN][XIN] Mixin Network - "All Cryptocurrencies Accepted Here"
by
Jennifer1023
on 20/12/2018, 09:31:32 UTC
Can I describe the structure of Mixin Network as three layers? Layer1:Mixin Kernel;Layer2:Mixin Domain;Layer3:Mixin Domain Extension.It's so simmliar.
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Topic
Re: [ANN][XIN] Mixin Network - "All Cryptocurrencies Accepted Here"
by
Jennifer1023
on 20/12/2018, 09:16:20 UTC
May I ask your expanding plan around Mixin Messenger? Such as how to large your community?How to active your community members?