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In the digital world, forgery has another name, "double payment", which is used twice for the same amount of money, so both transactions are fraudulent. Cryptocurrencies are designed to combat this "double payment" problem. In cryptocurrency algorithm, block chain technology and different consensus mechanism are embedded.
These features make the encrypted currency superior to the unit function of the notes.
Cryptocurrencies exist in networks, so they are not physical objects. There will be no physical wear. Another feature of cryptocurrency over paper money is that it outweighs it in terms of durability.
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Bitcoin is an asset and a currency, but bitcoin is certainly not the currency of financial regulation. Because these laws assume that the currency is issued by the state, it can control the exchange of money and can be regulated. Bitcoin certainly doesn't have these features. When these laws are enforced, bitcoin is not a currency.
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is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz   Bitcoin is a natural enemy of the government. In addition to speculators, the faithful are mostly liberals and anarchists. The recognition of paper money is that national credit is endorsed on paper money. Once the government has the right to print money, it can make money out of thin air. For example, the government owes a lot of money to the people. Simply, print money. What are the consequences of these massive amounts of money being printed on the market? The money is worthless, it's devalued. The most striking feature is the rise in prices. Bitcoin prevents governments from abusing their power to manipulate money. |
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Bitcoin has a long way to go to become a global currency.
If you will be the currency compared with classical currency, the former will not be able to leave the network exists, although modern currency is increasingly digital, but as the notes of the currency symbol, at least in the short term will not die. No matter how the token pattern of money changes, it must be backed by national credit and even force.
So what bitcoin needs is more trust to be accepted by more people.
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I need to keep our lives stable or financially free so that we can withstand the economic crisis or any financial problems.
Investing in bitcoin is a great way to do it, and I believe that the future blockchain technology will be more widely used and the price of bitcoins will be higher.
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Everything is possible, such a thing is likely to happen in the currency, along with the development of the block chain technology, there may be a future coin instead of the BTC, coin, of course, this must be a more powerful, more convenient to use.
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Bitcoin is the representative of new things and an irresistible trend of development.
Bitcoin is increasingly a model of payment systems, with demand for the currency growing, reflecting the desire to break away from the paper money system.
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Everyone should give himself a hope, no matter how small the chance of realizing it. Resolve to stop selling bitcoin for five years. If there's nothing left after five years, what's the matter? It's all the money.
If life is good, god knows what price it will rise to. If life is not good, there are many people like us.
It is also a kind of carefree life to climb the peak that most people dare not touch.
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"Cash will probably not exist in ten years' time." Not long ago, deutsche bank chief executive John g lane in davos prediction, and the recent preparation for set up the institute of digital currency of the people's bank of news further triggered heated debate, from all walks of life are suspect that the central bank digital currency moved closer.
Now the issue of digital currency is still in the discussion stage, is a kind of monetary value symbol innovation mechanism, many problems are still in the research. In practice, however, people have become increasingly inclined to use electronic banking and electronic payments rather than paper money. In this trend, the future circulation of paper money may be reduced.
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To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
In eight years from 2009 to 2017, bitcoin has soared by 7.54 million times. From $1, 000 to $10, 000, it took only a year. How to solve the worry, only the rich. Bitcoin seems to be the shortcut to riches. But often risk when wealth is also exist at the same time, in the currency price reached $20000 last year, so far, only a few months the price of the currency to just $7000, profits and risks coexist. |
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Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
This is a very positive one post, if it can be positive coverage in the media, to have a sharp rise in the price of the currency, because now have a bear market for too long time, I have tired of the fall. Hopefully all the good news will come soon, and our bitcoin community needs to get rid of all the better negative emotions. |
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n some ways, bitcoin is a victim of its success. When more and more merchants boarded the ship, they increased the selling pressure of bitcoin. And when merchants sell almost all of their bitcoins to the market, the seller's market exceeds the buyer's market. Bitcoin attracts businesses to sell bitcoins.
If merchants accept bitcoins and pay them to employees, the ecosystem and price of the currency will be strengthened. Paying employees in bitcoins may happen in the future, although this is very rare in the present. Yet businesses are eager to accept bitcoin as another sign of its enduring strength and market demand.
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again. Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$  What do you think? How low bitcoin can go? It's a really good market for the new players. The price of bitcoin has recently been around $7,500. We need to be confident that bitcoin can become a private currency like gold, and that is his value. |
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If you do not develop the virtual currency industry today, you will be left behind by other countries.
And the backwardness will be manifold. Because bitcoin itself will not only dramatically change the financial order of the country, but also profoundly change all aspects of society.
I think Japan is already at the forefront of the world in cryptographic money.
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Hold because of the possibility of rising prices is much higher than now, because everybody knows the price of the BTC from release to now has been increased by millions of times, if someone hold BTC to now from the start, will obtain huge profits.
So people think that as long as they hold it, they make a profit.
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I believe that bitcoin has great help in reducing unemployment and can help many people improve their economic status.
As long as they work hard, focus on their work, and enter the bitcoin world, long-term efforts can earn a high salary.
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
Bitcoin is volatile, and many have given up on bitcoin because of its volatility. Poverty can easily make people afraid of risks. What is more frightening is that long-term fear can shape a person, immerse people in poverty, and even think about everything in poverty. The first thing that comes to mind when faced with anything, even a potential opportunity, is stock. And thus lose the courage to try. But the only way out of poverty is to learn and to look for opportunities. Learn from different things, different people, instead of focusing your mind on the only wealth you have. Bitcoin is such a magical thing, with huge risks and a lot of opportunities, and the people involved are basically people with an open mind. If you are trapped by poverty, many of the opportunities for bitcoin will have to be missed. |
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The BTC's aim is to become a free money market, and the weakest is part of the free money market. ETH is just a system token. BTC's decentralization is the highest, the basic network is the largest, the cognition degree is the highest, and all other COINS are the difference of order of magnitude. |
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Bitcoin cannot be the world's currency.
Money has to be stable because other goods are priced.
BTC is no another reason of currency liquidation is too slow, confirm that at least 10 minutes, high fee is another issue, micropayments not reality, he is a good demand, the black market because there are too many anonymity is more important than 10 minutes.
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BTC I think, for example, take the gold market, this is I do most of a market, in the past few months, everyone has to reduce to the actual demand, I will feel in less demand, the demand for BTC actually increased, if you look at the two markets, both of them are hopes to be able to come out from paper currency system.
We see some more brave into BTC virtual currency areas, why to do up the CTC, the futures contract for BTC more and more as a pattern of a payment system, you can more think the COINS into a form of payment, of course, this is a very volatile market, there are a lot of risk, I mainly if I want to buy some BTC, I really want to make sure that after buying can have a very good settlement.
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