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Crypto-currency for me is the next internet 2.0. The way we live today will be changed after a few years. Some jobs would become easier and some also would lose their job because of blockchain and cryptocurrency. Manpower would become less while artificial intelligence will take place of the duty nor work of a human.
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I am one of the believer of HODLING. As what you have said, we are still on the early stage of blockchain or I'de rather say the bitcoin era. I believe that there are a lot of coins and tokens that is worth a HODL but I also believe that not all token is for HODL because really some of them are just scammer.
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When you are a technician which means you based your decisions on charts. I think Bitcoin is back when he will break 6800 level then that is one good sign to invest again. But still the decision is based on your concept. Do not just follow what others told you, you must do your own research because at the end of it, that is your money.
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Dear Bounty Manager, I made a mistake on my reporting and unfortunately I was not able to send a report to my 5th week but I made the task of retweet, tweet, share, and post. I joined the facebook campaign and twitter campaign. Can I still send my 5th week report? Thank you very much for your kind consideration.
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#Proof of Authentication Article MEDIUM: https://medium.com/@GeckoTraderTelegram username: @TraderGecko ETH address : 0xEf52a9742A2A84FAeaEd56412c995D3A8288423b |
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One of the sad fact is that, people that doesn't know bitcoin are generalizing it as payment for illegal transactions only. They only see the negative potential of bitcoin while in fact everything has a negative side in this world. So, it should be fair enough when looking into the use of bitcoin. We cannot avoid bad people who are making good innovation and using it in illegal activities.
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AS per my knowledge, bitcoin can protect people from devaluation of your fiat currency. This is because when the goernment make a decision to make the price of their money lowered. Also, Inflation, you can avoid inflation by investing in bitcoin. LAstly is your identity in your bank. Here in bitcoin is much more anonymous compared to bank.
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I agree on what you have said that cryptocurrency is the future of money. As to compare to old system of financial transaction, cryptocurrency would give a great hedge to financial sector.There is no doubt that cryptocurrency is the future and I believe that whoever adopts it will be ahead from the old system.
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I think it will depend on the situation. One thing to consider is the skill you have when it comes to trading. Do you have the ability to trade very well during bull and bear market? If you are not good enough in trading then I suggest to go mining. On the other hand, mining would be profitable of the electricity cost is low in your place. Do you need air cooling for these mining rig to work very well? So what I mean is that you need to assess the good and bad side of both first.
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This is awesome. These big companies are already adopting bitcoin to their respective businesses. This is a good sign for cryptocurrency because the main ingredient for it to success is the adaptability of the human race. This is just the start and I hope that Mcdonalds will be next to accept bitcoin.
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Its good to back read this conversation to see the prediction of others if it right or wrong and the mere purpose of it is to learn how does the people react with the trend of cryptocurrency. As you can see, this thread is very informative and give you a hint on how to decode the price action of bitcoin.
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Almost all of them think that they are solving human problems but lets face the fact that the solution they are offering is not yet proven and could possibly cause more harm to humanity. One of the negative things I can foresee is the conversion of human workforce into artificial intelligence.
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