Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.
At least bitcoin can reduce the percentage of poverty as is the case in many developed countries, it is understandable if the whole world has increased the economic level of its people, then the market will also adjust very quickly. Bitcoin is very capable of being a facilitator of this especially for third world countries. |
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I think it will not be possible, unless there is only one country in the world, fiat is the identity of the economic authorization of each country, with the fiat of the country has the competitiveness in the global economy and continues to run every day, is also very influential in the brand of their resources, and if all merged into one then there will be jealousy from certain countries because obviously not going to be fair.
The only solution is the setting up of two currencies: the official currency and the common currency like the euro.
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There is a great wall separating the interest between bitcoin and government, especially the capitalist country where bitcoin does not want to dispel anonymous and decentralized nature, this is a strong denial from any government (except Japan). In fact, if one party is willing to agree on certain conditions it will generate mutual benefits, bitcoin is able to reach everyone and have a sizeable market, this is a potential market for conventional business, and will automatically develop the economy, and country income.
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you can pay taxi drives (some!) already in europe!
the company my taxi from at least 1 year accept DIRECTLY bitcoin for a run! I don't know if there are other similar service in other countries, but the company is based in germany and I use it in Italy.
Another way to pay taxi could be a ... credit card loaded with bitcoin.
It's easy to set up and works really fast with good rate and good level of privacy. But is not the best choice, because you are tracked in your expense, and some one could find your principal wallet/other wallets, and see how you spend your money.
As already told... in Italy you can! One of the top company already accept bitcoin. In some big cities like milano you can pay sometimes DIRECTLY to taxi drivers (because btc have a good hype also here). Even if you go abroad you can use your btc with a credit card. Just choose a taxi that accept credit card. There are some users that offers free discount for uber rides if you pay btc. So right now it's full of offers for spends btc, and If we can't do directly is not anymore a problem because more companies are getting into this new technology. I think the taxi business will still be problematic if the bitcoin price drops so deeply that it will result in losses for the taxi company, not to mention if the pending transaction confirmation is longer in accordance with the payment amount for each route. This is the reason why uber has not dared to apply it in general besides state regulations that still have not allowed it. |
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In my opinion, many reliable market exchanges of bitcoin websites and you can buy them anytime, some local countries already provide their own official exchange/affiliation, it does not take long to process the confirmation and can be used anytime. If you have a trusted friend then can buy them directly because it is very effective for cheaper transaction fees.
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There is uncertainty at the moment, but it is possible to make purchases, I think it may fall to the level of $ 4,000 due to panic sales, it will not hurt for a long time.
Anything can happen in coming days as price is going down so it can also go back to $4k but there is no assurance that it will fall that low and may be we will see price going higher in coming days so even the current price is really good to buy bitcoins to make good profits in future. Fluctuations are only valid for the short term, if there are no hard rumors like 2 months ago then we can continue to invest as much as possible on bitcoin and in the long run, I really like the price correction because it can give a lot of profit in the altcoin market, if we just wait bitcoin movement then there is no point expecting maximum short-term profits. |
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because I really like it, gambling like a lover that makes me want to play every day, no matter win or lose obviously I've set up funds just to gamble, I just set how much the minimum profit I have to save every day. I do not expect too much profit because it will damage the rhythm of the victory that led to defeat.
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The benefits of gambling using bitcoin is the application of anonymous patterns, I feel very comfortable even though today many are applying kyc on their site, so I also feel comfortable if balance deposit can we transactions to personal wallet first like blockchain, I do not like the pattern of personal money in accounts of gambling sites that use fiat directly connected with a conventional bank. It will be very transparent because my country prohibits gambling.
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This is for educational purposes, thanks for any feedback.
I am using a laptop in gambling and somehow use my phone so it's 50/50. In laptop because it is more good than phone because of some features that didn't suppprt by mobiles. But I also use mobile phones because it is hand carry and can be use anywhere or while travellimg so that even if you got bored you can play. I agree with that. Most of the time I play with my mobile phone because just like what you said it is more convenient to use outside. I always have my phone on my hand so when I am bored play poker. I used my desktop for gambling at home, desktop is much better to use because of the graphical features of the game and of course for better view. I used both device in gambling, there are many gambling applications available online that is mobile phone supported but of course the time and the place is still considered when playing. I am accustomed to using all the finance-related devices only done through the desktop, the absence of a good antivirus for the smartphone makes me less comfortable, if gambling on the android platform then it is just for the game and nothing more. Sometimes the mobile platform does not provide optimal features and there are many system shortcomings. |
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I once played on gambling sites that were not credible and eventually scam, some of my btc funds were stuck there without ever returning to me, after that I just chose to just gamble on websites that have a strong reputation and high user traffic, I consider the biggest mistake as a positive experience, and also includes errors in every analysis I do for each gambling result.
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I think that it is better to save your coins than sell it. As you can see, most of the coins increase increase their prices after a period of time. Unless you really need money, do not sell your coin. Since I do not have a great capital to buy my own mining rig, I choose trading and as a veteran trader, I can say that the marketcap always increase
I will second you. Till the time you really need to sell the Bitcoin, better keep it. Rather instead of selling them go for buying more and more Bitcoins, as much as you can. This is the best way of earning more and that too in less span of time. At least I have to return the initial capital, then I have to keep the asset up to 100% of the coin, and after that I will sell it continuously to buy bitcoin, every mined alctoin still has to be converted periodically into Bitcoin, we no longer need to see the latest coin prices are accepted as they continue to produce. |
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Bitcoin is not really money but bitcoin is better than money in terms of usefulness and in many countries there are many who accept payments using bitcoin, so we do not need to exchange money, just we use bitcoin
Bitcoin help us to address all of our financial needs so i considered this is a money too.If money can buy almost everything now so same as bitcoin too. It just happen that paper money is become the first to be recognized but it will be the same for bitcoin soon. If someday that bitcoin will no more value that it cannot be use to purchase anything anymore then that is the time that i will declared bitcoin is not just not really a good money but it is not a money. But still it cannot be used for offline transactions, while few people believe in electronic transactions, they are still afraid of online account hacking problems and so on, I think bitcoin is not as perfect as fiat, but in terms of assets I still agree with your perspective. |
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To become an expert you need a lot of research and formal education. The blockchain is very complex system thats very hard to understand if dive deeply. Time of getting involved does not matter but the knowledge you will acquire is very important. Goodluck to you!
To become a bitcoin expert we do not have to go deep into the cryptology complex, we just need to learn all the business on offer and start doing the action in depth. In this case there are indeed some of my goals to make personal rig mining and require deep knowledge of algorithms and calculations, but the most important thing is to focus on the skills to generate income. |
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ethereum is a very potential asset after bitcoin, I need it for transactions in smart contract-based markets, as much as possible I will save more and exchange with bitcoin only from the profits gained after one trading period, we also have to think of the potential assets in this case.
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Panic is the most dangerous condition for trader. Because decisions we have thought carefully into doubt are due to circumstances that are not in accordance with the foreseeable, and that is common. Solution is, do analysis carefully by taking information from various sources that can be relied upon and convince your heart that's just wave of your trading journey.
Panic and flash crash on market very same, because after flash crash on market will create some waves make many trader continue this trend and create panic. The whales always know they have this advantage and control our emotion. the volality that often makes me panic, especially if bitcoin is being hit by hard rumors, but I keep trying to understand the pattern, sometimes I try to think from the whales perspective and find the point where there is a price rebound after a hard wave of pullback, I do not often spend my emotions in trading are therefore not needed |
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Perhaps several times I was involved in a panic selling in late July where bitcoin had a critical pre-hardfork phase. Now I am more relaxed in selling because of the small fractional application on a regular basis, the fundamental charts make it easy for me to understand the analysis and I do not always wait for the desired price level to sell it, if it is a bit profitable then I will do the sell order process.
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The first time I transacted was to use the tokens I got from altcoin bounty, I started trading and learned a lot without any constraints, I also actively discussed with my friends on social media, downloaded bitcoinchecker apps in the playstore app, trading understanding is not necessary to think hard, direct action is better than just understanding the theory.
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History of both markets tell us which one is better take a look back from 2011 - 2017 and study both markets for investing 10 k $ on 2011 where more profit gaining by now indeed bitcoin is the best .
There is no doubt that bitcoin had been compared with gold but now bitcoin has left gold very far behind and is better than gold and everyone knows it. So everyone will definitely. I always say that there will be the time when diamond will be compared to bitcoin and bitcoin will also surpass diamond. Holding bitcoin will definitely give more profit no doubt in that. I do not doubt it and sell all the gold just for bitcoin, bitcoin is even able to shift the pattern of HYIP and pyramids schemes that exist, currently only included in the category of "old style" and very ineffective, if we compare from long-term fluctuations are always improving yet not equivalent to increased bitcoin. |
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Gradually the awareness rate is increasing. When I started with Cryptos, most knew nothing. Now atleast many know about it, though their knowledge is still unclear regarding Bitcoin and altcoin. But atleast most heard about Bitcoin , few months later or next year I believe people will learn more about it.
This really applies to me, but actually if bitcoin wants to be widely known then it should get official attention from government regulations because in many countries tv is still the best business promotion media, it is not complicated to learn bitcoin, just a bit heavy for beginners because there is elements of risk and fluctuations in it. |
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Many users thi think that earning bitcoin with signature campaign is very easy but in fact this isn't so. You have to put significant amount of time to spend on the forum and try to do quality posts so you also have to be involved in certain subjects. So like in any other job you have to prove your quality and dedication.
Initially difficult, but then post experience will evolve according to our understanding, dedicated to the signature and adhere to the conditions that make us well paid, this is similar to the type of professional contract work. I have enjoyed this to seek knowledge as well as working on projects that I follow. |
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