Well the name is also gambling is very high risk, but one of the advantages of gambling using the blockchain system is a transparent but anonymous system so everyone can know where the funds flow, so cheating here can be minimized.
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Note first in what field the company from the coin moves, whether in the field of potential or ordinary, and the second in my opinion, consider how much profit they offer if you invest in them, Remember do not be easily tempted by a large profit and not enter because of that it could be a scam.
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Actually, I have heard for a long time that bitcoin can be sent online using radio frequencies where we only need devices that support radio frequency and we can make transactions without using the internet network, of course, this is very good in areas that have not been touched by the internet network.
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This is the beginning of the banking revolution in the Asian region, this shows that blockchain technology has begun to be looked at and developed by banks where it is a positive sign for the use of cryptocurrencies both as investors and traders. The use of cryptocurrency ATMs will make it easier to transact without limitation of distance and time.
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Of course you can, crypto currencies now describe the economic pattern of society in the future where every transaction is done in non-cash, can be done anywhere and anytime without any distance and time limits. In the future someone does not need to go to the market to buy their needs just to sit back and open a computer or smartphone to buy what they need.
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now I think the reason why the government is banning bitcoin is because they want to protect their people from things that might be financially detrimental why the government considers bitcoin dangerous because the government does not know the ins and outs of bitcoin itself so the government prohibits using crypto and bitcoin currencies
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Yes, in my opinion, one of the factors driving the price of bitcoin is supply and demand, where the number of bitcoins is limited and the number of requests that continue to increase makes the price of bitcoin higher, but when the demand declines, the price of bitcoin will also decrease. This is a simple matter of the bitcoin market law if we do not pay attention to other factors.
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The positive impact of the new coinage on bitcoin is that there will be more coin exchanges / tokens against bitcoin of course if we see this supply and demand law will move the demand balance and because the supply of bitcoin is limited to eating automatically this will make the price of bitcoin move up and will Bitcoin holders.
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That would be very detrimental to many people, especially for those who currently have large balances in their wallets, besides that it will be detrimental to this, in my opinion, it will again make the price of bitcoin plummet as at the start, why do you think about restarting the blockchain ?
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Before investing, there is one thing that we must really prepare as well as possible is to be ready to go bankrupt, and how much capital we must use to invest is how much we are ready to lose the capital, it is the main thing we will do investment if the two things are ready then when we experience losses it is not a big problem and will not make us despair.
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I myself see that people currently interested in blockchain are mostly because of the tantalizing price of bitcoin to become an investment commodity not because of the actual function of the blockchain and bitcoin itself, so it's natural that a lot of research says that the successful blockchain project is 0% because most people don't see the function of the ICO blockchain-based application project but from the price offered whether it is profitable or not, and ignores the function of the blockchain application.
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I think it is impossible if a company engaged in the exchange of crypto currencies for wallet passwords is only known by one person, if indeed this means that the company is unprofessional does not think ahead and only has a short-term view, this will only making the reputation of the crypto currency even more threatening because investor confidence faded by this, this incident is very detrimental to many people.
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I once read an article that said that bitcoin was a thousand times more likely to lose and fall since the first bitcoin was created, but in fact, until now bitcoin still exists and is used by many people, so my answer is whether bitcoin will be defeated in 2019? is not, bitcoin will still be an influential coin in cryptocurrency, if now the price is falling then it is a natural thing and is a phase that is often experienced by bitcoin but on different scales and volumes.
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Maybe gold is more than 100 years old, but maybe in the first 10 years gold also has a hard time and extreme price depreciation considering that gold was not difficult to obtain in the past, and I think bitcoin is also now entering a difficult period because maybe a lot of things affect it and maybe bitcoin will also survive like gold can even exceed the price of gold.
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There will be two effects of known bitcoin as a currency, first this will have a good impact on the price of bitcoin itself because there will be a lot of demand for bitcoin while the number of bitcoin is limited, besides that financial transactions will be easier and more efficient without bank regulations requiring more a lot of costs, and the negative impact is for people who have not been able to adjust to bitcoin or in areas that have not been reached by the internet they will certainly have difficulty if they want to use bitcoin.
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It's really heartbreaking after I read what you said, now the downward trend is dominating the market where selling activities are very strong compared to buying activities, it's true what you describe that bitcoin today requires a turning point from a downward trend and slowly forming an upward trend or everything will be destroyed. Many investors decide to sell their bitcoins and of course that triggers the price to move deeper lower again and continues to trigger other things that make prices fall further.
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I also hope so, hopefully in 2019 this bitcoin will return to a bull run and buy mouths that underestimate and push the bitcoin in the previous year, in fact this will definitely happen if we look at the pattern carefully, the pattern always repeats but in the not can be determined, many newcomers who cannot read the pattern and market situation only enter and damage the price without thinking that what they are doing (panic selling) will only damage market prices.
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Actually if we look at the price pattern from the beginning until now, bitcoin has a pase where prices have corrected and recovered by themselves but in a period that cannot be determined, now bitcoin is experiencing this correction we can use as an opportunity to buy at a low price and sell it later when prices recover and skyrocket.
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The tax implementation of crypto currencies with this method is indeed quite good because it is only applied to those who gain profits above $ 50 , but I think before the government implemented this the government must be able to increase the interest of the community to trade in this commodity because the application of taxes is not there will be a maximum of only a few people investing and trading on the market.
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