What really drives bitcoin is the supply and demand. Bitcoin has its own independent value. The price is influenced by the number of users.
Of course supply and demand play a major role but those are factors that are determined by individuals in the crypto market and when we consider bitcoin I think every investor or a trader has the power to change those factors for some extend but when a group of people follow the similar actions that makes a significant change in the bitcoin market and that is why at the end whether bitcoin price fall or increase it is because of the actions of the community who hold and use bitcoin |
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Name " Satoshi Nakamoto" doesn't seems like a Ukrainian name but more like a Chinese name but who ever he is the work that is done to the world is really great because most people heard advanced technologies like Blockchain technology and first decentralized digital currency concept through his invention which is bitcoin and it changed the world immensely to a new path technically and economically
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It is much meaningful if we say bitcoin is driven by a community created with individuals who are traders or investors and there actions make a huge change for the price of bitcoin and its future also its demand and value mainly decided through there actions and that attracts the rest of the world but it doesn't mean that media and governments action have no effect on bitcoin or its progress but above can be considered as significant
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Dealing with crypto haters is very difficult these days because most media channels are broadcasting negative side of it so it is very unlikely that crypto haters will believe an individual over a media channel but I think a good way to make others believe in bitcoin or clear there mind about misunderstanding about bitcoin is by showing them personal success stories and that works well all the time because no once believe without proof or evidence but if a closer friend describe with there own experience definitely it can do a change.
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nothing is impossible, but what will prove is time, when seen from the growth of Southeast Asian people who are interested in Bitcoin. I feel that sooner or later Bitcoin will be legalized in some Southeast Asian countries, not all countries because some countries still reject the growth and existence of Bitcoin..
Of course we cannot expect every country to make bitcoin a legal currency in locally but if at least majority does that is a huge win for bitcoin and its market because users are rapidly increasing from southeast Asia region for investing and trading due to the digital developments and most of them are young people who are bitcoin enthusiast so we may need to be little patience and hope for the best |
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It is something that the time will decide according to my understanding but there are many ICO investors and crypto users in that region who are involved with the crypto market very actively but governments perception regarding bitcoin and crypto currencies are unclear because some claim that they are going to ban or restrict and some follow a middle path and that is why it might take some times to understand whether southeast Asia region will legal bitcoin or not
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I doubt that Indian government will go to extreme extends to ban bitcoin because still it haven't become a big problem but in the future there is a possibility that the bitcoin community in India will face huge restrictions to use any cryptocurrency because not just in India but in many countries most criminals are trying to use bitcoin to launder money and do various activities so as a government they become helpless because there is no way to track them and that is the reason we could see some kind of restrictions against bitcoin in the future
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Vision of Satoshi is to make bitcoin a global currency in the world so people can do transactions without any barriers or boundaries because bitcoin network has no interruptions by centralized organizations and also that makes its transaction fee to reduce and the mission is to accomplish that within a certain period of time which I think is successful because in a short period of time bitcoin has able to make a big noise in the world and that has become a reason for many companies to connect there core transactions with bitcoin
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Bitcoin price mainly increase through demand and I don't see any huge difference between the organizational share market and bitcoin when considering those facts so at the end demanding level of bitcoin makes its price high or low but after a low price condition in the bitcoin market we can certainly think next prices will increase because low prices increase its demand by attracting more investors to buy bitcoin in an affordable price
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Personally, i think that believe in your investment is what you need whenever investing. That's the reason why I'm still so confident in bitcoin
I agree with you, no matter what you have to stick to it , thats what gives the best results Of course hodl by being patient through confidence is the only quality in an investor that can make to increase profits and in bitcoin market there are many traders who have lost there money and left due to lack of confidence but few still remains with holding there bitcoins without selling them and certainly there will be a time that they will take considerable profits |
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Why shouldn’t we be concerned? Seems like everyone on here is extremely confident will see a bounce back to the December highs and then surpass them, but this dip/crash is now 5 months long. So I’m curious as to why so many of you are confident?
After huge fall there will be a price increase and many believe in that specially in bitcoin investments because once prices gets high holders will try to sell bitcoin to take an advantage from the level and that makes the prices fall and during low prices most people buy tokens than selling which makes a high demand and that is why prices can increase |
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There are major problems when mining bitcoin because many claim that bitcoin mining make there electricity bill increase and that is why many have left the mining business but if you can find a solution to reduce the cost of electricity by using any alternative power source like solar I hope it can be profitable but the initial cost will be much higher and will take some time to recover the cost
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An interesting question is whether Bitcoin is money according to Islam.
Without a doubt bitcoin is money because its main purpose is to use as a means of payment for goods and services basically on line as a digital currency and also it is considered as an alternative currency in the financial world so even many people today use it as an investment bitcoin is money but with more value and capability to do much more things for its users. |
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For me the hold motivation right decision to recover our loss money,  basically 80% people already getting lossing their money in the crypto market now this moment.so lower price situation need to hold moment everything. Of course when the prices are low the best thing to do is be more patience and hodl digital currencies because if someone decided to sell crypto assets during a situation like this both profit and investment can be lost so the best decision would be to hodl and wait bit more period of time until the price come to a level that can give a good return on investment |
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Bitcoin transfer will be more efficient than bank transfer in a matter of time. Bitcoin has only been with us for a few years and has improved tremendously. The elimination of intermediary and bureaucracy is a great advantage and you can do your transaction without boundary barrier.
Without a doubt it is the most convenient method to do transactions without any barriers or interruption which is unlike traditional banks which uses old methods and centralized network and that increase there transaction fee immensely during processes so users has to bare both high transaction cost and waste of time but with bitcoin those disadvantages can be reduced or eliminated |
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hy mates
sorry to ask this over here.
lets see what will happened to the market before this year runs out, or could anyone possible guess what will happen in December 2018.
also will there be any upgrade in the bitcointalk forum?
This coming December I am pretty sure that our patience will be paid. For those who hold bitcoin and etherium you must all rejoice for the time is near. I think the same way because over this year the prices fell significantly in both bitcoin and ETH so the possibility is high that they will at least recover partially by the end of this year because now the attraction of new investors are much higher than ever due to the low price of bitcoin and Eth so this will be a reason for them to increase in demand in oder to a high price increase at the end |
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I hope the market will correct b end of this year and there will be a huge positive change not only in the bitcoin but in the entire crytpo world because many things happened recently that made negative impacts but nothing happened significant to its price so I think there will be a price increase but doubt any changes will happen to bitcointalk forum because we came a cross a big upgrade in the merit system so it is very unlikely that we see same kind of change
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As of now, more and more users are getting the hang of sitting by their computers all day and they get paid millions through the help of bitcoins. What they earn is more than what they had in real life which makes life convenient and easier.
On the other hand, bitcoins are really helpful and accessible to everybody or to a group of individuals and they just click and their wallets get full. But what if, sometime in the future, bitcoins become more private and unaccessible? Will that cause a problem? What could've happened to us who were engaged in it first rather than the newbies to come?
I doubt that will happen because even people like bitcoin most of them don't have the capability to hodl and keep there bitcoins in the wallet because they to have expenses so the price increase or not some sell there possessed tokens in situations to fulfill there needs and in the future I doubt there will be a different |
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You can earn money by trading, participating in Bounty and Airdrop projects! In general, those forms are quite attractive at the moment!
Investment should be carefully considered before making a decision!
Of course when there is a investment there is definitely a risk involvement and if an individual is not ready to take that risk it is better to do bounties and air drops because majority of investors have lost there money to scams in the crypto market in there beginning at least once and that is unavoidable unless gain proper knowledge how things work in the crypto world |
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Main goal of exchanges are to keep more traders and investors that other competitors in the market so most of the time they try to protect there customers rather than steeling there money or scamming them but according to what you have mentioned it is entirely different and I agree there are very bad exchanges with poor customer support and fraud but when we consider the majority they are doing fine in the market
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