In terms of technology, bitcoins are encrypted based on blockchain technology and have absolute security. No hacker can crack bitcoin. But there are security holes in the trading houses, and hackers can easily hack into the system, so we must keep the bitcoins in our wallets when we're not trading.
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Bitcoin's fall in the cryptographic world is normal, and any encrypted currency is volatile. The best thing to do is to wait, and I suggest staying firm and calm, and it will eventually hit a high price again in a very short time.
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Seems like most people just want to become super rich in a short period of time. If you don't believe in this new technology, and just want to earn quick money, I think you will probably not achieve what you want. All I want to say is be patient, live your life, and don't get too emotional by all the negative news/FUD. Yes, crypto might be ended in a really bad way and you lose most/all your money. But if you truly believe in the new technology, just invest the projects you like the most and hold until it gets mature and returns.
Yes, I believe in cryptocurrency, and despite the negative news, it is the beginning of the future of cryptocurrency. Most new traders jumped into the market think the encryption soon make a profit in the market, because they only look at people to make money fast, but they do not think the people who make money is experienced in the field of encryption of them study hard market analysis.
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Complaining won't make any difference. Bitcoin is a long-term investment. Don't panic selling bitcoins because of a short fall, which will only cost you more money.
If you're looking at the price of bitcoin a year later and you think you're doing the right thing, in the past, bitcoin has grown every year.
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The price really depends on the behavior of the buyer and the seller, and the more people buy, the higher the price.
We will never buy bitcoin at a very low price, because it has been recognized by more people and more people will use BTC in the future, so its price will be unlimited.
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If the government can regulate the currency, I think it will attract more investors.
But this is not acceptable for any authentication of any cryptocurrency. Many people respect and love their privacy.
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Bitcoin provides an inescapable database for the age of artificial intelligence. Bitcoin, a challenge to the haphazard distribution of wealth, has challenged all wealth hegemony. He fulfilled the promise of equality before wealth and broke the existing law of distribution of wealth. The hope of the future development of the currency has been seen, and the people have seen the hope of solving the financial crisis. Digital standard currency, regional chain standard currency era, it has become a world currency unified solid bridge, it will break the wealth create monopoly power, long time, any money before it is fragile, what is the gold standard and silver standard, dollars are rubbish, who is the next monetary unification the rookie of The Times, the replacement of main currency will evolve?
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Digital money mainly refers to the monetary form, does not cause the currency to shrink. The size of the currency is still controlled by the central bank, and the issue of paper money or digital currency is only a change in form. With the development of science and technology, people use electronic banking and electronic payment more than paper money when shopping.
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The favorable environment for bitcoin is a bullish sign for investors concerned about "market fundamentals". These bullish signs have brought back investors' enthusiasm for bitcoin, which has been taken for granted in the absence of adequate supply to meet surging demand.
In short, humans can't stop bitcoin.
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Ten years ago, the basic price of bitcoin was very low.
So say the currency is immeasurable, who also said that bad, after ten years maybe it would be an astronomical price, may become worthless, it depends on how block chain technology has been applied.
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Bitcoin is not a scam. Bitcoin is a legitimate technology. And the new blockchain technology has been widely used.
Because bitcoin is a borderless currency, it will become more popular.
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If it is believed that the digital currency will be the future of the currency, then the next question is in the hundreds of thousands of kinds of digital currency monetary which one to stand out from the crowd, led digital currency market, eventually become digital money market dominance? As things stand, any of these thousands of digital currencies, or any future, is likely to dominate the future digital money market.
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BTC is a point-to-point electronic payment system, it is decentralized, has not been any control and operating companies and organizations, which is its uniqueness, also referred to as the cause of the revolutionary.
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I don't think there is a coin that can replace bitcoin, because bitcoin has been recognized by the public.
Despite the current market downturn, bitcoin still has great potential.
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bitcoin down trend to 3000
the down trend will confirmed under 5800$
I don't think the price of bitcoin will fall to $3000. I think the minimum price for bitcoin this year is $6500. Because of this low price, the market is already saturated, bitcoin will grow slowly, will not have a big drop. This would be a good time to invest.
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Bitcoin's reliance on consumer confidence makes it vulnerable and uncertain. When confidence begins to falter, bitcoin may have a panic crash. But I think bitcoin will have a bright future after growing pains, and in a few years it will be in short supply.
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The BTC is a "global wide use, free, instantaneous transfer, no superfluous" currency. It is the result of the natural evolution of the monetary system and the inevitable outcome of meeting the global social and economic development.
This is the historical significance of the digital currency represented by bitcoin.
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I don't think bitcoin is better than cash in real life.
In my opinion, bitcoin is not very convenient for daily use. Instead, it is very easy to use cash. Bitcoin is better than cash only in cross-border transfers. I think they all have their own characteristics.
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Because bitcoin can protect your privacy, because the transaction is somewhat anonymous.
And it's very convenient for bitcoin to transfer payments across borders, so people don't have to queue up at the bank to operate at home.
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BTC over the past few years, for three consecutive times in gold prices, after the effective breakthrough early last year, out of the price of gold, and open the floodgates, the highest close to $20000 has been up to the end of last year. Bitcoin has been likened by many investors to electronic gold.
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