1qDan
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Everything posted by 1qDan
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It is almost impossible for that currency to reach such a price, because it suffers from the same effect as DogeCoin, and that is that the supply is almost infinite, it can also be mined with a home computer, which causes the offer to be exponential in comparison of the demand for it, since for years no innovative project has been known in its network.
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The LIBRA facebook coin now known as DIEM, has not even seen the light and is already more regulated than immigration in the United States, that currency is destined to die even before being born, the market does not need more stable coins and less one that respond directly to the US government.
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Crypto Volatility has increased Think before Investment
1qDan replied to Ridam's topic in Crypto World
I think that the problem of volatility is something that should be taken into account in any investment that you want to make, even at this time without scammers or viruses that intervene we see how the BTC has dips of up to 800 dollars, and recovers in minutes, which reflects the standard that is handled in bitcoin.- 146 replies
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- btc price fall
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I think other tips could be based on self-confidence and eliminate business sentiments, everything must be seen in a technical way and avoid the FOMO, the worst thing that can be done is to buy or send in cryptocurrencies based on emotions instead of analysis technicians.
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Thank you very much, I hope that this measure becomes a general rule, since in my particular case paying with cryptocurrencies using paypal would give me a very large legal basis, I wonder if disputes can also be made when paying with bitcoin, this would offer a solution to the problem of returns.
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Many are carried away by their emotions, which causes them to invest money in garbage projects, which begin to spread and other unwary ones fall into the offer, to avoid this an investigation should be carried out on the project in question, on who is behind and what are the plans they have for the future.
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It is really difficult to foresee what will happen in the following years, bitcoin grows day after day, however it is possible that it will continue to be used, due to the advantages it offers compared to the centralized system, although it may happen that some currencies will function to create a super power that disappears the probability that bitcoin will triumph.
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Conformity is one of the main mistakes of some sectors of society, it is impossible to consider that earning crumbs is better than obtaining a passive and constant income that exceeds 100 dollars a month, with faucets or airdrops, you can hardly get 10 dollars each month and with a lot of effort.
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As a beginner which coins do you prefer to buy first ?
1qDan replied to Maxtron73's topic in For Beginners
I am currently betting on currencies like BNB and Tron, one because of its low commissions and the other because Binance supports it, in essence I choose currencies according to my tastes, I do not like to wait too long for a transaction and that is why I avoid currencies like LTC, ETH AND BTC .. -
@Ridam Will PayPal allow you to pay with bitcoin or other cryptocurrencies at merchants that accept the PayPal gateway? That interests me a lot, another question do they accept external deposits, that is, can I send bitcoin to my paypal account?
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How do you feel when you lose money on crypto by day trading ?
1qDan replied to Maxtron73's topic in Crypto World
Both options have clear disadvantages, for example if you bet on a currency that is on the rise you can lose your money due to a price collapse and in the case of buying at a low price, because nobody assures you that the price will rise, instead it is safe that it goes down even more and the return must wait a few months. -
Something that I do not like about debit cards based on cryptocurrencies, is that they are managed by totally centralized institutions, also in case of a refund, how would they do it? whom should I contact ? I think there is a loophole in these cards.
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I think that currently it is difficult to give an accurate vision of the future of the price of bitcoin, since we are in an unknown situation, we do not know how far the btc will rise or if it will collapse from one moment to another, however if you want to buy small amounts, then it is a good option.
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Thanks to the privacy index behind bitcoin or the cryptographic system in general, the creator or creators of bitcoin will always remain anonymous, we are talking about a person with a fortune equivalent to 22 billion dollars, no one would want to pay tax for such an amount, that is better to live quietly.
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The blockchain is undoubtedly the future, the security, the speed and the versatility that it currently offers is unmatched, a totally closed software that prevents hacks or attacks from certain individuals, in addition a blockchain allows to modify certain aspects to make it work conveniently.
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It is impressive that in May, someone could foresee a large increase in bitcoin for December, currently binance, Okex, Poloniex and Probit announced the creation of a new ATH, bitcoin broke its all-time high and reached 20,600 dollars, a sum that has caused that the fomo increases from one minute to another.
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It is possible that various exchanges over time begin to issue cards financed with cryptocurrencies, however binance does so because it is the largest exchange in the world, associating with a visa or mastercard implies changes in the internal policies of the exchange houses, it is more complicated than it may seem.
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I read in a section of the Russian section of the forum, that the payment system in bitcoins would possibly resume last Monday, however today is Wednesday and there is no more news about it, also the TALK token is in free fall, it only increases in the USD and Rubles markets, why is btc rising in price ... what will happen to all this?
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From my point of view, it is necessary to use the KYC system because many pretend to use the system offered by cryptocurrencies for purposes that are not ethical, although the truth is that in some cases such as airdrops The use of such a specialized verification system is totally unnecessary.
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Of course it is good to convert fiat money to a virtual medium such as cryptocurrencies, however it must be done well, for example I usually buy only when the market points to an exponential rise, like what just happened, I bought approximately 250 dollars in btc at 17,500 dollars and I'm about to sell at 20,600 dollars, crazy right?
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The best way to promote cryptocurrencies is through the typical economic policies that governments usually offer to certain companies, exempting taxes, offering national bonds evaluated in btc or promoting the payment of salaries with cryptocurrencies, things that are easy to process for entrepreneurs and citizens.
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Lately many sites or users are suffering direct or indirect attacks through malware or pishing, I think the best way to stay safe against this is to resort to cold wallets or to opt for security measures, such as anti malware, Trojans and viruses.
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cryptocurrencies world Are cryptocurrency investments a speculative value?
1qDan replied to Amiami's topic in Crypto World
In part they are a speculative value, we see positive or negative movements, which within the community receive a name such as a liquidation that disguises itself as "correction" and things like that, however more and more people are joining the phenomenon and can that it becomes a real asset. -
Based on my tastes, I would say that coinmarketcap is a better option than its competitors, mainly because of its association with binance which for me gives it more security and reliability, they also have more currencies listed and a lot of information available to their users.
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Is mining currently profitable? I think it is not, at least in short-term terms, since it requires an exaggerated investment in mining equipment and the difficulty only increases, I think the best thing is to mine xmr or any other cryptocurrency.
