What we can do to conserve bitcoin and make it spread wider is by - - Know completely what bitcoin actually is.
- Research each and every single thing related to bitcoin
- Believe in bitcoin.
- Support it by HODLing it.
After you do the above then follow these-- Spread awareness among people about bitcoin.
- Clear misconceptions about bitcoin.
What this will do is broaden the narrow-minded thinking of people towards bitcoin due to lack of cryptocurrency knowledge. You can learn literally everything about bitcoin through this forum, all you have to do is ask! |
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If you have enough experience in trading and know well what does a great revolutionary project needs. Like what issues will it solve, any other projects similar to it and why is this particular project superior to the one already on exchanges. Look thoroughly as it can turn out to be a scam. One of the ways to find is to check whether the project is too promising or not, like some of the projects and their promises are too good to be true, which ultimately turn out to be a scam.
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Have a look at this thread- https://bitcointalk.org/index.php?topic=2854123.0You can see there has once been around 97% percent dip in bitcoins price. So just relax and stay calm, bitcoin will pump whatever be the reason for its dump.Russia legalizing bitcoin and allowing tax free mining of it in some areas will greatly affect bitcoins value. |
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Bitcoin or any other normal fiat currency are in use and acceptable because people recognize and know its importance and believe that it has value, until then it will circulate. But from the day people stop accepting bitcoin or any other currency as a thing with some value, it will be of ZERO use. Like the government of india made an announcement that their old 500rs and 1000rs are not acceptable and their value is zero. So those were just a piece of paper worth nothing.
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Bitcoins remove the middle man from the picture for letting people use their own money. That is bank. There are a lot o government banks which are suffering a huge loss and see bitcoin as a threat. As banks make more money, the government gets more money. When a bank suffers a loss, the government suffers with it too! So, there's a huge possibility that government might ban bitcoin but if they really care care for their people like RUSSIA does, they might end up supporting and promoting it!
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Bitcoin has seen loses worse than this and it always gets a pump raising new heights. As soon as there's a dump, people rush towards bitcoin, increasing its demand and supporting it and it pumps. Even if there's a huge dump, there's nothing to worry, just secure your spot in reaching new heights by investing in it. You can have a look at bitcoins last dumps. It has even went down by 97%!! https://bitcointalk.org/index.php?topic=2854123.0 |
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Yes, As the banks have always taken control over money of the people and a huge amount of the people gets wasted by just paying the taxes and penalties the banks forces them to pay. due to this people are getting more concerned about their money and for it's security and they turn towards and look forward to cryptocurrencies for securing their own wealth. Which in the future might be a strong reasons for the demolition of banks!
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Firstly, please provide links for the things you stated about the negative trust users who are currently enrolled in a signature campaigns, and before that do read the rules of that particular campaign before providing them, as there are some campaigns who allow USERS WITH NEGATIVE TRUST to participate in their campaigns as the companies who hires the campaign manger allows him to do so for promotional purposes.
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Until there's no investor left and people don't need money anymore, I think that's when crypto will collapse. Other than that I can't see any other reason for it to completely collapse.
But just hypothetically, if it ever happens, I'd just work hard even more and give my best to regain all that I have lost. As from the first day that I entered in the crypto world I had kept in mind that the money I'll earn from this will be temporary and I will only invest what I'm ready to lose. So it won't really matter me much losing crypto and letting it go!
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Well holding id great it just depends on what are you actually holding. If it's just a coin without a great concept which won't attract investors and won't bring any change for the betterment then holding should not be preferred rather let it go and find some potential coins which have every essential thing needed for a successful project and that will change the way you feel about holding right now.
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A huge withdrawal or dump of bitcoin. People panic selling, FUD, fake news. A lot of factors affect bitcoins bubble burst. But believing in it and continue hodling it for long is the way to success in bitcoin and supporting it. Even if bitcoin falls really low, invest more and wait for bitcoins magic to happen! It'll fascinate you for sure if you're new here.
Avoid getting tensed by hearing fake news, focus on finding and learning more about bitcoin.
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1 sMerit= 2 Merits
When you receive 2 Merits you earn a sMerit which you can award to the person whose post you find interesting which broaden your knowledge. Not only a junior, this goes for a user of any rank here on this forum. Receive 2 merits to give 1 sMerit.
Go on, work hard, post well. Earn merits, reward sMerits and keep the cycle going!
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Trade with only the amount you are willing to lose. Try with really low money so that you just get an idea that whether you would like to continue trading and it is your thing or not. Most people get greedy and lose what they have. Trading will require your time, attention and mind. If you're willing to devote some to it you're more than welcome to trading. Try day trading for some time and continue only if you feel you'd be able to handle a loss if ever you encounter one.
Good luck!
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OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
The community is growing drastically since last year. People are demanding cryptos for they have seen the potential and power of cryptocurrencies and what it actually means to invest in a great coin and its outcomes. Keeping all this in mind, your predictions which according to you are perfect is just pointless and has no strong point to back up your predictions for anyone to think that you're accurate. Rather than sating what will happen, bring a strong proof and news why will all this happen that you just predicted. |
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I had around 200k worth 3 coins along with bounties. It was REBL, Tron, Ripple. I hodl them for about a week and sold all of them and after a week when I had sold them I saw those coins going to the moon. This was due to lack of my exposure to the crypto world. One more incident is I initiated a trade worth around 80$ in btc, I did not know that there are frauds here on this site too. I traded with a newbie on this forum and got scammed. I learned from that mistake, from both of them.
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Anyone attached with cryptocurrencies by investing in it or having some shares in it has complete control over their money and that is what banks are concerned and worried about. As this will completely eradicate the middleman that is the bank. Which will stop filling pockets of the group of people who somehow run the country by the taxes and all other penalties they give. This will lead to their destruction which they don't want and that's the reason they oppose it so much and it's a threat to the banks.
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If bitcoin could be gained by selling things used daily. I'd sell most of my unused stuff for bitcoin like my storybooks, laptop, ipad and a lot more stuff. If we think about it, the students who have their textbooks could sell their books to their juniors for bitcoin and what that'll do is save paper and money. Paper as in the fiat physical cash and the pages of the books. There are a lot of other betterment that'll take place when Bitcoin will be used for tasks such low.
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Btctalk name - Fazlurkhan.kz
Rank - Full Member
Current post count - 361
BTC Address - 1JU9M6R9VAth98pqdbfAPr7CDLdsjssUTx
Wear appropriate signature - Yes
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Telegram username: @Fazlurkhank
BTC address: 1GXnhn5AseHpZ4KDCVpqobkg8F4kCWh1am
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Bitcoin has a lot of pros and cons. So does a lot of things which are useful too. If drugs taken in specific amounts can cure diseases but misusing those same drugs can lead to destruction of ones self. It is we who should use bitcoin for what it was created, an that is for the convenience of the people and have compete authority over their money!
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