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Yes true, bitcoin is more profitable if we keep for a long time, and I hope that all bitcoin users do not panic when the price drops, it is a good opportunity to buy because we can get a cheap price.
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Many advantages if we have bitcoin, and of all the most important benefits for me is profit, this is because bitcoin value keeps rising so I get profit, and I'm sure the year-end price will reach at least $ 50k.
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The main reason I love bitcoin because bitcoin to be a hope for me to succeed and rich, I hope that someday bitcoin can be easy to use for direct transactions such as ATM so that bitcoin users do not need cash or ATM.
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I know bitcoin in 2014 when the price is not more than $ 100, at that time I just thought that bitcoin equal to paypal or payza so that does not make me interested to have bitcoin, then I leave and never follow bitcoin development until last year because the price has reached more than $ 1000.
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Bitcoin will certainly freeze and do not take long will die, this is the same with the body that no water input so that need will be lack of oxygen and die, but I'm sure this is not happening anytime soon because the bitcoin price is on the rise.
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Do not panic, if you do not need money then waiting is a good option, if you panic and sell cheaply then you get a loss, in the investment of course it takes patience so if we wait then we will get profit.
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because bitcoin is not stable :3
It was not a matter of stable notes, but because of the declining bitcoin price that made many users panic and leave bitcoin, but I was patient because I was sure that someday bitcoin prices would soon rise and pass the highest position that happened in the past year. |
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When people try to invest bitcoin then get profit then they will continue to buy bitcoin, just as I experienced that with bitcoin I can get profit so I will use bitcoin as long as it is profitable, otherwise it will soon leave bitcoin.
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Fortunately no banks accept bitcoin to be deposited or converted. If that will be the case, we would again be slaves of these financial giants and we wouldn't have the freedom of doing whatever we want wih our hard-earned money. Also, giving the banks control of your money is centralization, so no.
Banks will always follow the regulations of the government, if the government banned bitcoin then it is impossible to accept bitcoin whereas if the government legalize bitcoin then banks will receive bitcoin, and that is what is happening in japan, many banks are receiving bitcoin. |
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I think that whenever the cash will continue to survive, I'm sure that the country will continue to maintain cash, everyone can use cash while many people do not know about bitcoin.
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Bitcoin is under pressure, the amount of media that continues to preach negative things about bitcoin make users panic and they end up selling, they worry that bitcoin is worth zero and surely they will lose money.
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True, bitcoin is really secure, the security system is no doubt because all security-related issues are already anticipated by devs. but it all depends on you, if you do not want to enable 2FA from SMS or Google authenticator then all security features will not be useful.
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Many things change after the presence of bitcoin, the rapid development of bitcoin makes many people worry that doing everything possible to inhibit the development of bitcoin, many people are afraid of the changes and threatening the system that currently exists.
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If you buy now then you can get a profit that is cheaper price compared to 4 months before, no newbie or senior word in bitcoin invest, everything can be done immediately, but I suggest not to wait too long because at this time the price looks up and if the wait then the price becomes expensive.
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The development of bitcoin is very rapid, and in the past year the price has gone up more than 1000% it certainly makes a lot of users who get big profits so they become new millionaires, and I hope to happen with my life someday.
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Fact that bitcoin reduces unemployment, if we look at the facts today many things related to bitcoin which is certainly related to money, for example is mining, with mining certainly involves many people work so that can be used as additional income for most people.
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Bitcoin is the future of the world's transaction system, the ever-increasing user makes bitcoin become popular, many media continue to tell about bitcoin and I think it's worth and fair if bitcoin made a source of income.
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because everyone wants the government to really legalize bitcoin. and it can make them feel more secure and not worry anymore if there is news that bitcoin will be banned.
Paying taxes is certainly a good thing, if someday the government collects taxes from bitcoin then this is a very good thing, it is a strange thing if the government expects taxes while bitcoin is banned, and the presence of taxes could be a solution to legalized. |
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I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
For me people says that gold is better on bitcoin because the value of gold is more stable over the bitcoin value and i think people says that gold it better because we all know that gold is tangible compare to bitcoin, but for me bitcoin is still more better because the value of bitcoin can reach even more than $25k before this year is we will end. I think not a value to be considered, but gold is an investment that can be accepted by humans on earth, when it takes money then we can mortgage, the value of gold will never disappear even in conditions of war, even enemies in the war will deal with gold. |
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Rising and falling bitcoin prices is common, of course if there is a price drop then do not despair and say that bitcoin dies because the price will go up, I'm sure the end of this year the price will reach over $ 50k.
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