[Daily Discussion] Thursday, April 02, 2020 Bitcoin Markets

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• [Daily Discussion] Thursday, April 02, 2020
• [Altcoin Discussion] Thursday, April 02, 2020
• Can Bitcoin become a safe-haven asset?

[Daily Discussion] Thursday, April 02, 2020 Posted: 01 Apr 2020 09:04 PM PDT Thread topics include, but are not limited to: General discussion related to the day's events Technical analysis, trading ideas & strategies Quick questions that do not warrant a separate post Thread guidelines: Be excellent to each other. Do not make posts outside of the daily thread for the topics mentioned above. Other ways to interact: Get an invite to live chat on our Slack group Set your flair to trade pretend money in the Flair Game Weekly threads: Newbie Mondays and Fundamentals Fridays Altcoins Discussion: Altcoin Discussion submitted by /u/AutoModerator [link] [comments]

[Altcoin Discussion] Thursday, April 02, 2020 Posted: 01 Apr 2020 09:04 PM PDT Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas & strategies General questions about altcoins Thread guidelines: Be excellent to each other. All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading. This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning. No discussion about specific ICOs. Established coins only. If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too. Other ways to interact: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily Discussion for bitcoin only: Daily Discussion Prior Altcoin Discussion: Altcoin Discussion submitted by /u/AutoModerator [link] [comments]

Can Bitcoin become a safe-haven asset? Posted: 02 Apr 2020 07:08 AM PDT The current economic situation made everyone question assets we have considered safe. Lately, the crypto community discusses a possibility for Bitcoin to become a safe-haven asset. Even though this idea looks nice, but there is a number of things that should be considered. Cons: Volatility It is impossible to deny that BTC price changes faster and more often than the prices of more traditional assets. It may go away in some time, but nowadays it is as it is. The requirement of special knowledge To use Bitcoin as well as other cryptocurrencies, it is important to know how to buy, where to buy, how to use, how to sell, etc. These things can hardly be considered common knowledge so far. Pros: Digital Bitcoin has no borders. It is used equally from any place. Good in supporting developing countries Currencies in some countries are even more volatile than Bitcoin. In this case Bitcoin can provide tools to form emergency funds as well as become an alternative method of payment. No censorship Nobody can interfere in the Bitcoin system and prevent or stimulate some actions. Probably, Bitcoin needs a little more time to gain trust and stability that is required for more investors could see it as a safe-haven asset. Share your thoughts: what pros & cons do you see in this regard? submitted by /u/SimpleSwapExchange [link] [comments]

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