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Isn't it a good news?! If such a big brand name got interested in bitcoins, then lots of other brands should do the same someday.
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There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.
For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems. Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.
Besides of the regulation of Cryptocurrency itself, the main problem is to prevent and avoid irresponsible individuals who have the potential to do other bitcoin or crypto washing, or theft of Cryptocurrency.
I question my self that do we can be free or stay away from fraud?
Yeah, I would agree with that. The lack of control in this sphere make it vulnerable. There is urgent need for regulations. |
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If you are afraid of sinking in the bitcoin ship so much then maybe you should withdraw your money and try to invest to something else. No advice here. It is up to you
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Every state must control means of payment. If it does not have any control then sooner or later there will be a mess.
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Not this time, have some other plans for the Christmas money though it might be good time to buy some coins.  |
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There is no commodity weights behind it. So, it is secured only by support and demand. Though the same may be said about some traditional money.
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The value of bitcoin depends on the economic situation by indirection. Mostly it is regulated by supply and demand.
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It seems like the majority of people see the crypto as an investment medeum but not as a legal tender. That's why there are тое many of those who want to use it.
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If Bitcoin is a decentralised currency then what institution would issue currency motes? Just trying to figure out the possiblity of it
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Never thought of counting it. But hearing all of debates on the topic there is a saying that comes to my mind: When the dogs bark, the camels just keep walking.
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Some businesses do not adapt BTC because their clients won't make any payments with it. So there is no need to overthink this issue.
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Crypto is slowly and surely conquering countries. Some day those who are panicking would think of these days with a bashful smile for not believing...
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I didn't think about Cryptocurrency as much last year, but now that the prices have dropped so much I think about it more often to the point that it has become the most frequent subject on my mind and I'd rather stop thinking about it so much.
Stop checking your portfolio every now and them and don't sell your coins even if you are in loss. Instead read some good articles about crypto and Blockchain on Medium, steemit and other crypto blogs. Read about upcoming projects and development of your favorite projects. Build positive approach. Yeah, good idea! The best way to distract yourself is to switch youк attention to something else... or even swith off your computer  and think of something good and positive |
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The news said the government of Venezuela has created its own crypto. The were forced to do that due its economical disaster. Anyway, it should be valuable experience for other countries for the future
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Because most people do not understand the technology and does not know what and wher the can by with it. Besides they hear the news about its deprication and al the fus around it. So they think it is worthless and a wast of their time and money
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It is too early to consider ourself losers. It is not the first time bitcoin goes down. May be a little more patience and a little less panicking.
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Nothing terrible for the world economy would happen I think. Bitcoin has not got a big role in it by now. But for private investors would sure to suffer.
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That is a sad story and a stupid move. Don't know how you manged to morgage the house without your wife's approval... Unless she is not a wife but a girlfriend. Anyways, it is better tell her the true and get second job to pay your debts
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Perhaps one of the reasons some countries prohibit the use of bitcoin is security issues. One can only guess how criminals could use the technology.
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Who said that? Or how many people said they give up? I can see the folks worrying about its price drop but many still believe it would recover anyways.
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