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Everytime after overcoming the market fluctuation, bitcoin gains stability and it is becoming more stronger than the past. This is all because of the increasing adoption of bitcoin which causes the stable level of circulation even when the market volume is expected to go low when the price falls.
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The ICO price is subject to different factors, starts from the value of the project to the usability in real time. Other factors include the hardcap, softcap and the price of ethereum in most cases where the particular token is developed over the ethereum smart contract platform.
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The dominance level of bitcoin is found above 50% and this assure the inflow of investment over bitcoin for various reasons. This has caused the dominance level increase and a decrease in dominance of altcoins. So, the growth of bitcoin will happen without doubt and when it'll happen is the one that is under discussion.
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This has been the period of entire price decline of the crypto assets. There is nothing specific to stay without any kind of price drop. Some has got some stability due to the increased market circulation, which too seems fluctuating at specific time interval. This can be considered to be the best time for buy as the price is found to be the all time low.
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Increased chances were available, but we don't know what will be the stand of the government. On one side among the Asian countries it is the one that has got each and every agenda related to digitization, but when it comes to bitcoin they act in the opposite manner. If the respective government find the true need of bitcoin surely they'll help in the uplifting.
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Not every bounty hunters were the same, most of the bounty hunters keep hold of it expecting big return when the respective token grow high in value. Even the immediate selling could affect the market of the token, better is to hold until it gets listed to few exchanges and then sell it rather than selling it when listed to the very first exchange.
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With cryptocurrency trading one needs to learn the methods that help in overcoming the emotional failure. Because when a trader takes a decision with a emotional force and in a relaxed mood has got difference. Probably the decision taken with emotional force most of the time leads to fall than growth.
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The market has begun to show signs of a bullish market with more green market, and hoping the same bullish market to continue making the entire cryptocurrency capital market grow and reach much higher. As the cryptocurrency is completely unpredictable, we cannot expect the growth or the green market progress as the expectation.
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Bitcoin being a world currency won't happen in a a short or within limited time period. Bitcoin has got its importance as an alternate to the traditional fiat. To go mainstream and get accepted as all around the world is simply impossible as different governments will have different opinion on cryptocurrency.
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Once after the price pumping after a long time period, recently the price increase took place taking the price reach close to ₹8500. Now the price has begun to fluctuate below the $8000, ethereum has been facing larger price fall than bitcoin in terms of percentage. Upon which it is good to buy as much possible.
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Bitcoin price seems to be a fluctuating asset, and now the price back firing is due to the market scenario with the bitcoin dominance and the stability for the price to get pumped to reach a bigger price barrier. Possibly, price of bitcoin can be expected to reach ₹8500 at the shortest by August.
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Global regulations of bitcoin with different cryptocurrencies around the world is making the users with panic to invest big. Users who have been with dilemma whether to invest or not based on the decentralization will surely tend to have a trust upon cryptocurrency and begins investing.
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I've never been into a bank that accepts bitcoin, have come across news sources stating the acceptance of bitcoin by banks. In recent days came across Nova Scotia, a bank that completely functional upon the bitcoin for all kind of transactions and deposits. Probably similar thing might happen around the world soon.
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We are live in modern life. For this reason, we generally use different digital money. But we should be careful about that by digital money, a lot of crime is happening. For our better life, we need to regulate it.
It is a responsibility of each and every government to keep its citizens on the safer side and give them the maximum security on their earnings. But, none of the government try to regulate considering it to be the major concern. All that they need is the control over it, because this will support country's earning as more and more people had begun to invest as well get into cryptocurrency related activities. |
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i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?
Bitcoin and all other crypto currencies are the virtual currency and their no physical form exists and I think this is the most revolutionary change in the world of economy and there are very much possible vibes that it will possibly replace the Fiat currency and the time will come when bank is also going to transact through bitcoin but there are more chances that banks will show least interest in bitcoin as its physical form don’t exist so most of the people can handle their bitcoins by their own. Maybe in the future banks will make use of bitcoin for the faster transaction needs. The growth happening with bitcoin is phenomenal and it clearly portrays the success of bitcoin into each and everything it got used. Already banks have begun to adopt the technology behind bitcoin and in future bitcoin might also gets used. |
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Already there have been several countries that banned the use of bitcoin. Even from those countries the people still make use of the bitcoin through different other ways. This could be possible with each and every country that has banned bitcoin. From my view there is nothing to worry about the banning of bitcoin anymore.
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Now the price is nearing the $8500 tag, and from my point of view it is not a bull trap. It looks like a pure growth without any manipulation due to the external market as well I see it an initial price pumping for the growth of bitcoin to reach predicted target for the end of the year.
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Just think about the previous halving, by the time of halving the price didn't grow as high to fulfill the predictions. Later after short time period the growth began and the regular price pumping continued. Those were the days to make a bigger earning through trading as there is good price variation between time.
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Bitcoin is the most important coin and no alternative coin can overtake it. I think investments in bitcoin are the most reliable and not risky.
As stated, there is no other asset to overcome the market of bitcoin, as the name describes altcoins always serve as an alternative to the bitcoin. Investing into altcoins were risky, but at times what's been earned through them is bigger than that of bitcoin. Bitcoin on the other hand gives the assurance on the profiting. |
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Most of the time with bitcoin we can see the growth of altcoins. This time it is happening something in a weird manner, bitcoin continues to grow while ethereum along with altcoins were going low which is not fair. Maybe after attaining certain value the altcoins might initiate the growth to go along with bitcoin.
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