Wala ring say-say ang pagka-kompidensyal ng mananalo sa lotto kahit bitcoin man ang ibayad sa kaniya dahil may mandatory Identity verification sa mga local exchanges natin; at alam naman natin na ang mga exchanges ay numero unong target ng mga hacker. Mas mainam pa na pera na lang ang ibigay at ideposito sa banko.
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Bigger exchanges doesn't necessarily mean that it has better security or services. Hitbtc for example, is one of the earlier exchanges but the service is shit. I'm using kucoin and OKex for now and I haven't got a problem with it.
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You are indeed lucky; one of the pioneers of this space. And what you say is true, it also changed the quality of life I have before and improved it so much. Even though I just started last year, it has been quite profitable for me as I have been investing, trading, doing bounties at the same time while working on my day job.
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I think the main problem is in Bitcoin scalability. It is not so scalable to become widespreaded enough.
Also, because of the limited supply, people tend to hoard them; contrary to the function of a normal currency. This is what hinders bitcoin to be adapted by many institutions and different communities as a whole.
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I think risk depends on the market, low risk at the growing market, and it is getting much higher when the market is falling..
It does not necessarily depend only on the present status of the market; there are different kinds of risk like security breach in exchanges, stolen PKs, scam ICOs, and bad trades. And no, it does not get higher when the market is falling; the risks always have consistent chances.
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No point in holding for them; for merchants and in business in general, money needs to flow. They simply made themselves and their services more reachable by accepting bitcoin as payments but they are not necessarily holding because they need to pay for other expenses like electricity, rent of space and other utilities.
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These companies have no need to tokenize their services; it is functioning as it should be.
The problem now is that because of the popularity of the blockchain tech, many people think that integrating blockchain into any concept/system/franchise/etc would be a good idea. But that is not the case.
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This might have been one of the reasons why some ICOs have spawned from India lately; the confidence of the people are slowly returning as their government properly address the issue with cryptocurrency. Without a doubt, it is definitely a good news for mass adoption; not enough to affect the current condition of the market though.
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We have a reason to be afraid of cryptocurrencies as they favor banks--the enemy of decentralization, that is the core of most of the cryptos. They are also a threat to exchanges like what happened in china.
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I do understand bitcoin at a basic level and I don't think that's a problem. People who want to use a regular dollar wouldn't want to know how it was printed, what paper was used for it or anything insignificant. They just want to spend it (or not) because that's how currencies work. As for the deeper understanding of the concept behind it, we ought to leave those task to the brilliant minds.
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How many times has bitcoin been "dead" to the media since it gained popularity? This article is similar to those kind of news and bears no weight whatsoever and not even worth the attention. You can see the negativity with this people;clearly they are against it in the first place. They didn't even consider that fact that it can evolve and have a sort of V2.0
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why now all coins are going down and when are they are are going to stable ..any idea pls help me because i have invested around 100000USD into crypto in last year
Having that amount of money, you should have done your best to research and carefully weigh the consequences of your actions. Anyways, you will not suffer losses if you don't sell lower than the price you have bought your coin so hold it for a little longer until the market recovers and take this time to study more about cryptocurrencies.
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I think buying a rig is a safer move than buying bitcoin directly. No doubt, mining bitcoin is not profitable now. Even mining eth does not give enough profit returns. Perhaps you might want to consider mining alts, those are more profitable.
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Bitcoin is the leading coin of the market. What you think about the future of bitcoin and others coin?
Bitcoin's future has a high potential to be alike to the internet. It was criticized first for being new in this generation, but it will be so popular with the public that it might be considered as a real currency accepted by the government and the people alike. As for the other coins, some will survive into the future as there are alts which has different features that Bitcoin.
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Having a strong foundation in this space helps you make better decisions. Unlike investor who are in the market because they are shilled, an investor with a strong fundamental know when to hodl, sell, and buy.
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People do not believe in crypto currency. They say that crypto is not fixed. As fiat - gold. Where does the value of crypts come from? What do you tell people?
Simple; I don't tell people about cryptocurrencies. Yes, its important that cryptocurrency adoption must be the number 1 priority here, but IMO, it is much better if they find it in themselves that cryptocurrencies are not bad after all. Besides, I'll fill my bags first so when they realized how much they are missing, it would be too late )
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Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto. In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??
There are some who got rich through cryptocurrencies. Though they were educated in the first place and were just unable to get a decent job so learning the technicalities and how to earn from it are much easier compared to the majority of people in the poverty line which lacks education. Without a doubt it would be hard for them, that being said, I haven't seen anyone here achieve such feat.
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I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now. But I don't understand the reason behind this type of thought?
THAT is the reason why they think it is a ponzi scheme. Many people get rich and some made their lives easier in a short amount of time that a normal person with zero knowledge of cryptocurrencies assume that it really is a ponzi scheme. We can't do anything for them but to explain why it is not what they think it is.
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You are lucky that the conversation went that way. Here, the media does its best to show cryptocurrencies in a bad light to the public. If you ask a merchant if they accept bitcoin, not only do they give you a funny look (because most of the time they have zero idea what it is) but they almost automatically assume you are a scammer.
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If I can choose a Bounty which can give more return. Have any indicators that can help me to choose a best bounty.
My number 1 indicator of a good bounty is through the amount of members in their telegram group. Needless to say that a large quantity of members indicate a large amount of investors among those group. So we can be assured that the soft cap will at least be reached. A good bounty has its admin in telegram frequently interacting with them members and always does updates.
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