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Bitcoin will never be outdated by another currency unless it will replace by a coin that has a higher value. I think it will take so many years before alternative coins could replace bitcoin.
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I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
It is not yet the end of bitcoin because if its the end the value of bitcoin now would be zero. The market is known for the fast phase movement but it doesn’t mean it is already the end. |
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Of course not. it is not the end yet of bitcoin the market is just too volatile thats why the price movement is too fast going down.
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Yes! You need to protect your wallets against any possible theft or hacking. You must protect your private keys and wallet passwords. This is a must for everyone, else your coins will be stolen.
The frequent warnings of ensuring you protect your private keys from anyone seems to have eaten too deep into almost everyone of us in cryptocurrency. Some of us have forgotten certain realities of life and cryptocurrency wallets which I want to warn you about. My warning is mainly targeted at anyone who has a family, or at least, a child. You must leave a means or trace that your family will be able to access your wallets when you are gone. I mean when you are below 6ft. Each one of us will die some day. No one wants to hear this, but it is the absolute truth. If you suddenly die today with your secret keys and passwords unknown to your family, your coins are lost forever. Your crypto wallet is not a regular bank, so no way your family can claim your many crypto wealth online.
Don't be selfish. Your family or wife or children must not suffer when you have so much Bitcoin or other coins trapped in an inaccessible online wallets.
Remember your family and loved ones.
You have a very strong and uneasy decision to make today.
Of course the wallet should be protected by keeping many back ups of the password and private keys. As an investor i had already entrusted my passwords and keys to the person whom i really trust just in case something happen to me they could still get my investments in the future specially for my kid. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
That could be possible in the future because as the technology becomes high tech for sure the adoption of crypto currency could be adopt as well by local banks. Offering crypto currency deposit could bring additional income to the banking industry business. |
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
I hope that bitcoin will not continue to fall this year. I am positive that it will rise before the year ends and holding on my investments would be worth the wait. |
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We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
Of course not bitcoin is not a threat to jobs as well as national currencies because the functionality of bitcoin is different to that of national currency. National currency is regulated of the government. Regular job wil always be there because it has been the source of income of every employee. |
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This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins. Here is the graph showing us the price for bitcoins from 2009 to 2017  We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017. I really hope that the price for bitcoins can again show us immense growth as it showed in 2017. That is true this year is a very challenging year for the Crypto Currency Market. But let us be positive that the market will recover soon. I will keep on holding no matter what happens. |
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As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..
Can you give me some reasons why it's not that interesting for others?
Others are ignoring bitcoin and other crypto currency because they lack of knowledge and number one factor as well is if they are capable in investing lack of capital can be one reason of ignoring bitcoin. |
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hello experts,
Is it more profitable to Hold BTCBTC or buying a lower price and selling at higher?
Thanks,
I think both are profitable and for sure with the right strategy you will be able to earn more profit just make sure you can control your emotion and the acceptance of risk is there. |
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That predictions are not true only hear say of the people who lacks knowledge about crypto currency. Bitcoin will remain on track for as long as investors continue to invest and supports it. It would take a long time before it will disappear.
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hello guy!
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.
Yes there are investors who are afraid and worries about their investments those are the investor who lacks knowledge about crypto currencies and they are the so called newbies. To be able not to panic study first the flow of crypto currency and if you think that you equipped enough knowledge and can face risk then you can invest. |
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That is true we should not be worry because bitcoin value will become higher again let us just be positive and that is why i am still holding my investment to date and will continue to hold it for long term.
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Spending time with bitcoin is not a waste of time it is worth it. We just need to be patient because the crypto currency market is too risky. And proper strategy for us to earn a good returns. |
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I believe in that high risk results to high rewards because if we are not foung to risk how cam we earn a higher profit. Crypto currency market is really for the risk taker if you are not a risk taker and your too emotional better not to invest.
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Bitcoin has not reached its goal yet because of the massive dumping of the peoples who tend panic that results to selling of their investments. With the movement now of crypto market it would take more years before bitcoin could reach the target goal.
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
Government can trace your bitcoin if you had submitted your personal details to the government and stating that you owned bitcoin. With that declaration the government may impose taxes for every transactions that we are about to make. |
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Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
That is insecurity towards bitcoin. Bitcoin is indeed valuable and every investors could atest to that because it has helped many of us financially and i will continue to hold and invest more bitcoin. |
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No one can tell the real score of bitcoin and most probably it would not be the end for bitcoin because as we can see that the market is regularly moving and if its the death of bitcoin the value could have been zero now. But that is only speculation and no one can judge on how long would bitcoin survive in the market. I would continue to invest and support bitcoin because i know that it has a great potential and bitcoin will be the worlds future money.
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I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
Of course i will definitely keep on holding because we do all know that crypto currencies specially bitcoin has a great potential and the movement of the market is just normal though the flactuation is really low. The market would still go back to its normal shape just keep on holding. |
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