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I like the article and i agree with all the good reasons to buy bitcoin now. As we all know that bitcoin system is still growing and there are still plenty of room to grow. If we can convince all the people around the world to look upon this system then definitely money will be flooded to invest or buy bitcoins which means also that the bitcoin market price will go higher.
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This is very rare to have a school that will accept bitcoin as a form of payment. As we all know that bitcoin is not for payments but it could also be because bitcoin has fiat money value and that is why bitcoin could be used in payment scheme. However, more common about bitcoin is that bitcoin is used for savings and investing in low amount of bitcoin market price and selling it when bitcoin market price goes higher.
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Yes these are very useful in promoting an ICO projects. As we all know that airdrop will help the community to grow by inviting also other telegram users to join on the project telegram. This could also mean marketing since some of these individuals in telegram could be an investor the same as with bounties that help the team to market their tokens and promote their project.
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Well it depend on the altcoin that you are holding. Like i have some good altcoins which tokens are being utilized and its demand keep increasing everyday so there is no point on selling them and the altcoin is indeed for long term holding. But still i know that bitcoin is a good coin for long term hold and i had a plan already after reaching the target i will sell my altcoin and buys eth or bitcoin.
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"What Is ETF ? "
So ETF means exchange traded fund where investment funds are traded on stock exchanges in different index .
So Why its so significant in crypto ?
Our crypto market has about 240 Billion market cap and price of bitcoin is $6500 at this market cap and we all know our market went to 800 Billion market cap in 2017 end and that time bitcoin went to $19500 So its very simply calculation if we want to see our bitcoin at $65000 then total market cap must be about 3 trillion which can only happen if Bitcoin ETF get approved by SEC as it will result in flood of money into crypto when traders will be able to trade with single click from there brokerage account to buy sell bitcoin .
Why Bitcoin ETF Is Not Approved Yet ?
Till date whenever Bitcoin ETF filler was filled to get SEC approval they had 2 main concerns to approve ETF which were :
1 - Lack of global regulatory rules which surrounds crypto and crypto exchanges and we all know Japan and south korea are two major countries which deal max in crypto and they had no regulations earlier but now both have regulation done for there exchanges and have regulation for crypto accepted . So one of the major hurdle is already cleared by now .
2- SEC has shown concern for investors money in case of hacks , private keys lost so what will happen if any of miss happening happened for investors fund ? So for that CBOE has stated that it has secured insurance for the investors and that means the second hurdle which was for ETF approval has also been removed this time around .
So now this filler from CBOE group has it all in it to get approval from SEC as its gives them assurance on things that they asked for and filler from CBOE in itself is big thing as it is one of the biggest and reputable exchange .
So what are your thoughts about CBOE ETF approval this time around ?
Do you think we will see it getting approved this time around ?
Do you think we will see bitcoin to reach $65000 in 2018 ?
Yes hopefully that regulations will be set correctly so that it will be easily recognized by the government in every countries around the world. Just like any gambling activities like casino where in it is being regulated also and now it is one of the good earning for the government to profit. So if this will be approve it could be more than that because all the countries around the world will going to invest and money will flood on cryptocurrency. But i guess it could also create a conflict in the future. |
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Nope this is the start of something good to happen for bitcoin because people are now eyeing on the possibilities that there will be a huge comeback in the next few months. As we all know that speculations and history will repeat itself and if i am going to rate the percentage to happen then that is 50/50 which is quite good already.
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No i do not like the idea because it will mix up with the digital technology or the block chain. Transactions could not be recorded on a block chain for transactions will be more like a centralized currency which is the fiat money. We do not need a paper notes anymore for bitcoin because we are in digital era and we had fiat money already doing that functions so why complicate things over?
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Well definitely it will get higher and well had a good market price in the near future but in return you could not enjoy it anymore so what you should do is to disclose your btc holdings to someone dear to you because as we all know that btc could be an asset that could pass on the next generation and the good thing is that it will be enjoyed and it not be on the corner just gaining more increase in value but no one could enjoy it.
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That is a good decision being done because this will help your money to grow more and i guess you know also what are the things needed before you invest in cryptocurrency like checking the market price if it is low and for that you could be able to sell it and profit when market price goes high.
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Any of those coins being mention are good. Somehow if you are going to chose a crypto then i preferred ether because if i want to invest in an ICO project ether is the most common use to pay for and exchange of their tokens means of payment since most of the tokens are ERC20 base or ethereum platform base. Aside from that ether has good use and it has a high demand that is why it is always second in the rank. I do always buy an establish crypto and i am not afraid of losing them since it has a variety of coin utilization.
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Yes bitcoin transaction fee will go higher and the mere reason is the increase of market price for bitcoin. As we all know that in cryptocurrency especially those local exchange had collecting percentage on the money getting involve in the transaction. The bigger amount of crypto being transacted the bigger crypto transaction fee will be collected. And it will be opposite also when bitcoin market price will go down. It could also mean that trnasaction fee will go down also.
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Well even if it seema that market price always had some major fall down but time will come that there could another break out or it will just increase and there will be another break out for bitcoin market price increase and this could help other people to realize as well how good to invest in cryptocurrency and how they will going to earn.
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For now the bitcoin is not really ideal because market price plays at minimal market price and this is not good because it could really lose some of your money especially if you had invested during the time when bitcoin market price is high. So investing in a property is a good choice.
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For now i think it is nearly impossible to happen because i do not see things the way it should be right now. As i have been thinking that it could not beat the 2017 peak market price for bitcoin and talking about 25K USD is huge enough to achieve and that whats make me think that speculation in the likes of that will not happen.
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Nope the bitcoin market price is being dictated by the power of the investors around the world which changes the market price from time to time depeding on its demand. As we all know as the demand for bitcoin grows so does the market price that will follow. And technically it could be difficult to manipulate since it has a system that automatically do the update from time to time. Well manipulation could happen if a certain individual has a huge holdings that will surely make bitcoin to move.
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Well it does not matter as long as that the eth address you had was right in the spreadsheet and not being changed as we all know that there are many people doing scam and that relatively going to do anything just to gain the tokens or the coins from you. We should expect that there are many cheaters in this unknown process or system. If only it is like facebook with pictures so that we can identify the real people behind the accounts.
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It is clearly that you are looking for an answer which is the customer service since this is not applicable to bitcoin investment. As we all know that there is no one who stand as the owner of bitcoin system and that means if you will get a problem on it basically you cannot go to anyone to fix your problem. So you need to be techie as to get along with the new trends on cryptocurrency.
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Yeah especially if you got here first then probably you are rich now since bitcoin has created its market price is so cheap and it continue to grow more which now has become 6K USD as baseline for the lowest possible market price for bitcoin. Yet there are still more rooms to grow for bitcoin market price to grow. So we had to watch over it and invest also in order for us to earn and change our financial condition.
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Well given the chance to invest aside from cryptocurrency i would go on real estate. I have been a real estate agent and there are good things also that may come selling properties and this area of concern has the best investment because the value of a property does not degrade instead it will just continue to grow as time passess by.
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No not really we could not tell everyone to hold up their crypto so that market price will go up because each one of us had needs and sometimes exchanging crypto to fiat could happen like having an emergency needs where in you need money for it and you have crypto so basically crypto will be dump in order to get money for the needs.
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