Since bitcoin does not have fixed price no one can say when is late or early to invest in it, so at that what ever time you have the capital to invest in bitcoin I think you should do so because no one knows what the Price will become in the next minutes. So at that just invest take the risk and be among the few successful risk taker's in the future.
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Well that is a fair transactions fees compare to what we use to have in late 2017 and early 2018, what I have noticed in the bitcoin network is that whenever the Price rise above $10000 the transactions fees will also go high but when the Price is below $10,000 the fee will be friendly and normal.
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The major attacks we always get in bitcoin that always lead to crash in price is always cause by rumors and fake news all around and in most cases is the newbies that are usually hit hard because their are novice and will always rush to sell they bitcoin as soon as they hear any bad news without even waiting to confirm either the news is real or just FUDS spreading false news in other to affect the Price of bitcoin negatively.
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To me am very optimistic that bitcoin will survive for as long as the internet keep existing because the internet is what connect us together in the crypto community, and again the G20 acceptance and legalization of bitcoin will be a milestone in the crypto movement. Even if China should ban bitcoin it will have only little negative effect on the growth of bitcoin but can never be it end.
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VERY IMPORTANT message about #Bitcoin
Read carefully & try to understand it perfectly.
Example, if bitcoin drops even to $8k or $6k levels, you do not panic sell any of your Bitcoin or Altcoins, because, when bitcoin is done with its downtrend, Altcoins will rise.
And when Altcoins rise, your Bitcoin will get double/triple. This way you'll have more Bitcoins in coming weeks/months. Then again, Bitcoin price will Rise. So you'll be in huge profits.
Remember, Stock Trading and Crypto Trading should be done with INTELLIGENCE, Smart Mind, Wise Thinking and NOT with Emotions or Distress.
We are bullish on Bitcoin & Altcoins and we are not selling any of our coins.
Do not believe in Rumors.
Beware of MEDIA FUD, MEDIA always talk negative about Bitcoin for their own TRPs.
Forward this message to your friends and groups, Help spread the Genuine Knowledge & Understanding of Crypto.
If you do not help crypto community who will?
Very good and useful information there, most fork's in the crypto market are always affected by this rumors and fud generating from either the media or banks who do this just to satisfy they own personal gains. But my advice is to ever remain strong and positive.
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Well I as an individual has not notice the division you are taking about yet but to say that there is a division you may be right while the first set of people you mentioned are against altcoins and see it as a garbage is due to the fact that most of this tokens ended being pump and dump there by giving the whole crypto community bad image.
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The value of bitcoin will continue to rise and fall at some point due to it volatility nature especially since what control the Price is the demands and supply in the exchange market so at that you don't expects the Price to continue to rise alone at some point it will also fall in price. But bitcoin can never be eliminated from the world weather some countries ban it or not.
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To me santoshi Nakamoto is the name behind the invention of bitcoin and the first holder of bitcoin in the world since bitcoin originated from him santoshi, and again Nakamoto hold the highest number of bitcoin presently and at the same time santoshi is faceless and identity unknown.
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Well the Price of bitcoin can never be stable due to the fact that bitcoin was never created to have a stable or fixed price and that is why it price depends solely on the economic law of demands and supply once the demands change the Price reflect automatically.
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The launching will be a great added remarks for the crypto world entirely but we if seen in the past where new technologies are introduced into the ethereum network and that has lead to further centralization of the ethereum network which have moved us a slide away from the original decentralization of the cryptocurrency.
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Your statement is base on just feelings and not on experience so at that I may just comment to add credit to what you have written, off course is very important to hold you bounty reward for a long time since is an assets that may possibly increase in interest and price with time. And rushing to cash out you bounty reward into faints paper money may most time result into you losing you assey.
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I think online currency is taking over the ecosystem to the extent that most transactions nowadays is done base on electronic means and if you want to make the choice of the medium to use for such transactions you option in for bitcoin since is the most popular and acceptable platform in the digital currency world.
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Comparing bitcoin and ethereum is like comparing a king to a Queen bitcoin is the king of all crypto currency and ethereum is the mother that house all of the other crypto currencies which are call tokens and altcoins.
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I feel for your lost 13btc just like that, but we are all told that your power to you wallet security idiyour private key once you break that security you are losing your assets to who ever have access to those keys. Your private keys are your freedom once you lose it you are done.
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Bitcoin is a savior to this our generation, and at that bitcoin has helped unemployed and underemployment in the country and that has help the economy by making the citizens to look away from the government and at that help to reduce the over depends on only the government by the people that is making them self employed.
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To me I don't see any flaws in bitcoin but if a must state some few challenges we face in bitcoin system in recent time there are lots of in confirmation of transactions and also high fees but all this have been taken care of at the moment and again the legality of bitcoin in most countries is also one of the bad aspect of bitcoin.
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Well despite the fact that this post is old and irrelevant let me contribute a little, most of the people dumping bitcoin due to panic are those who see bitcoin as a get rich quick scheme and also newbies who don't know or understand the fundamentals of bitcoin, what bitcoin stand for and it uses. So at that they always rush into panic selling there by creating fear in the system.
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Bitcoin will fine it hard to be legalized due to the fact that the technology behind bitcoin beat the ability of any country or government to be controlled and at that most government will see bitcoin as a necessary evil but there is nothing that they can do about that, but there are some countries who are now embracing cryptocurrency as a means of online payment and that is the highest bitcoin/cryptocurrency can have at this point but may be in the nearest future we may see legalization in some other countries.
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If you study the past investment method by those who have gained much in the past year you will see that they are mostly long term investors who bought crypto at a low price and leaving it for a long time and at then are able to earn much profit due to high price of crypto within a long time in the future.
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Well my advice is to keep buying because if you understand the volatility of the crypto currency market you will keep buying because with time the Price will pick up again and at that time you stand to gain a lot of profit when the market spring up at that time. So to me the best time to buy bitcoin is when the Price is low.
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