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Btctalk name: Bagaji
Rank: Full Member
Current post count: 605
BTC Address: 1FsJYoXFYss6NbX5osNcMg3w7Nh6ZkwMAX
Wear appropriate signature: Yes
Thank you in advance for your consideration.
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Definitely, bitcoin will bounce back from the current decline which is as a result of crypto currency activities that was ban by the government of China. The decline create an avenue for people that has money to buy at the cheaper rate and sell when its value raise. Am optimistic that bitcoin market value will reach $7,000 before end of this year.
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Bitcoin has already garnered the much needed global prominence. There is no gainsaying the fact that it is an already entrenched international currency. What is now needed is for governments and nations to make efforts towards making it a local legal tender. The rate at which Bitcoin is gaining relevance and the level of transactions that are been carried out with the crypto currency suggests nothing but a possibility of a global acceptance. At the rate at which Bitcoin is gaining popularity globally, in no time, we may begin to see framework that would make it generally acceptable.
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There are speculation that bitcoin market value may reach $10,000 in no distance time from now despite the fact that it is currently facing serious challenges of fake news concerning ban from China government. This simply mean that bitcoin still has a profitability potential for one to invest his or her capital if all things remain equal as speculated. While some people are of the believe that bitcoin is currently over valued, and that they prefer ethereum over bitcoin. But for me, i will play safe by investing 60% of my capital in bitcoin while 40% will be invested in ethereum.
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Investing in bitcoin is not a bad thing and it has no negative effects on you the investor. But only when you loose your money it is only then it will have a negative effect on you. When you buy bitcoin when its market value is low and sell when its when its market value is high, then you have made profit and it will eventually had a positive impact on you as the investor.
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Many thanks Mr Edwardard for the opportunity to participate in this great campaign and i will love to work with you again.
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Investment in bitcoin or crypto currency can be some how risky for one to put in all his or her capital into because of the market volatility of bitcoin and other altcion. so, op invest what you can afford to loose, for i do believe in investment diversification in other to the risk of one loosing all the capital.
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The highest bitcoin I have ever made is 0.0023 satoshi per post. And I equally made reason amount of bitcoin while trading crypto currency, but trading is it crypto currency is not an easy task though.
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I see no reason for me not to buy gold, but not as a store of value but for me to make use of it. I only prefer to store my precious bitcoin as a store of value because its value appreciate more faster as compared to gold. And bitcoin can be easily use to purchase things online, send to someone and can be earn online through services rendered to companies.
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Well, I like your spirit and it will be a good things if all of us should get involve in something that will benefits other rather than our selfs alone. I will love to read the contribution you want to make in the blockchain technology that brought you back in your next response.
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Please check out my current signature campaign Dmarket, and endeavor to go through the white paper for more information. Dmarket has a promising good return on investment and the project is legitimate. Hurry up and purchase as much as you can for the ICO will soon end.
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I don't believe such a thing will happen in the nexst 10 years that bitcoin will be worldwide acceptable. This because there are so many part of the world today that the cost of Internet subscription is too high that the poor cannot afford. And there are some part of the world that are still operating trade by batter despite the present of fait currency. And lastly, so many people don't know how to operate computer and highly advance cell phone let alone to read in their general language which will make it difficult for the poor and illiterate to operate in such a system.
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Just days ago, predictions and projections were pointing to the possibility that Bitcoin can be able to clobbered the $5,000 mark and it did happen. But what followed was a big correction due to massive sell-off (profit-taking is the possible reason here which is nothing alarming actually) and so we are now back almost at the $4,500 - $4,600 range.
However, since Bitcoin had already broken the $5,000 wall, it would be now easier for it to do it again this time. We just don't know when can that be...will it be tomorrow, next week or just within the month of September?
In my own believe and opinion before end of this September the market value of bitcoin will $6,000 to $7500. Although one cannot completely say what will happen to the bitcoin future. |
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I don't believe such things can ever happen in the next five years to come. Although am of the believe that the market value of bitcoin will reach $10,000 before the next five years, but not to the turn of one Satoshi to be equal one US Dollar in the next five years.
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If you have some bitcoin and other altcoin what you should do when their market value is declining is to hold pending when it's value appreciate before you sell. And if you have some money at that point of down turn is the best time to buy more of the coins that has growth potential like bitcoin and hold there value appreciate again.
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Well at all time is the opportunity to buy bitcoin because, bitcoin value will keep on increasing as time goes on. If you are new in trading it will be good for you to learn the prerequisite of trading before you venture your capital so as to avoid heavy lost of your capital.
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