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exactly. this could be a push to some people who now doubts and has second thoughts about continuing what they have started because of the new system. merit system is harder but on the positive side, it is good because it leaves us no choice but to post with quality not quantity.
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why not hold and wait for it to increase again because bitcoin crashes greatly sometimes and so far, it recovers. the price may be so low right now, just remember thag bitcoin is volatile. it will recover someday, be high again but nobody knows when.
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yes, through bitcoin we can say that it somehow reduces the unemployment rate because as far as i have observed, it has greater number of opportunities offered without requiring much compared to the government or other private institutions.
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depends on the country you reside in. some government consider any bitcoin-related activity as illegal, so it is a crime and many people are now in jail because they've been caught mining or trading and now they are charged of what they call "money laundering". some consider it as legal and even pushes people to use bitcoin, but some countries still have no say about bitcoin.
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i suggest joining bounty programs. it's a big help especially to those people who have no enough money to use for investment. you can see the list of various bounty programs on the marketplace. but beware, because there are scam programs so you really have to stay away from those. you can join right away because you are already a junior member.
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i personally think that that's an unanswerable question as of now because up to what point or how long will it exist is unpredictable like how unpredictable bitcoin's price is. it'll just be worrisome to think of bitcoin's period of existence.
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read its whitepaper. everything about that bounty program is written on the white paper. read and study it thoroughly because surely its not worth it to invest on something that won't earn you a profit.
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why not invest and wait now? i mean i think it's perfect to just buy coins now and hold because the price as of now is low it's a good opportunity to rab because when the price increase, you'll have a big profit to earn.
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when you're finally able to earn your profit from investing. i think that's the time to sell. because the market has been down right now and it will be not worth it to sell your coins since you're not gonna earn profit from it. i suggest you wait and sell the coins when its value increase again.
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i dont think so. it is a good thing actually, like two seasons. it determines which season is for holding and selling. because it's not always "sell" all the time. sometimes, holding can do. most people buy and hold coins when bitcoin's price is so low and sell it when bitcoin's price increase again.
depends on how you're gonna digest the volatility of bitcoin but i don't see it as a bad thing.
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yes. bitcoin is another way of making money or we could say it as bitcoin as another source of income. people of different age have been earning through bitcoin. there are various ways actually, from bounty programs to investment.
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hopefully, it will be legalized on 30+ or 40+ countries. because i believe that people are just afraid to take part on this because they have no enough knowledge about bitcoin yet, just like me before. that's why it has to be advertised. but seeing the flow of events, as of now, bitcoin is being banned on some social medias where almost all advertisements can be seen and read from. let's just hope for the best.
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that depends on how will the government officials take it. but if they're going to ban it on the country i reside in, i suggest thaf they study it thoroughly first before concluding that is illegal and start making laws that will keep people from it.
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yes. its not too late to start investing on bitcoin. it has just started for bitcoin to be known and as i've read from some articles and posts that the number of people who gets engaged on bitcoin-related activities are increasing. don't hesitate to invest now.
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maybe. there are huge numbers of people who get involved in bitcoin-related activities everyday and we couldn't just determine who they are for we are anonymous on the forum ourselves. but since bitcoin is actually open for all, then we could say that yes, there are possibilities that criminals use this. think of the scam ICOs, is that considerable as a crime? if yes, then think of their developers as one.
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there are acrually many factors that determine the rise and fall of the price of bitcoin. but it doesn't necessarily mean that when you hold, the price will automatically increase. no, holding is like waiting until the price increased at a high rate and sell.
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bounty programs is beginning to be popular and yes its true that the greater is the number of participants in a bounty program, the lesser is also of the value you'll earn. but how will it be regulated? i think bitcoin made a move on that by putting on "merit".
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