Bitcoin does have a price movement pattern that if we observe it from time to time since it was first created the pattern formed every period is always almost the same, this can be seen when before halving when halving and after halving, many traders are not aware of it so they only make short-term trading. The pattern always repeats every time, if you don't believe it, please look at the bitcoin price chart.
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Cashless society is indeed valued better than conventional economics, where every transaction is still dominated by fiat money, of course it is still considered ineffective because it is considered less practical and efficient. It is different from a cashless society in which people do not use cash as their means of payment by using mobile banking technology or even crypto currency which is considered very practical because we do not need to carry large amounts of money but only need a smart phone that is connected to the network.
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Different, bitcoin is clearly different from the blockchain, if we compare the blockchain to an operating system on a computer and bitcoin is an application or software that operates on the operating system, blockchain is not only used by bitcoin but is also used by other crypto currencies, blockchain layman can be said to be a system that records every transaction by several blocks so that the validity of the data recorded is very high and cannot be manipulated.
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Artificial intelligence has indeed developed a lot in almost all applications that we use every day, from social media to banking activities, but it is still considered imperfect because there is still a gap for someone to cheat by manipulating data so that incorrect data can considered valid. This can be prevented by combining artificial intelligence and blockchain where the data on the blockchain is guaranteed to be authentic without any manipulation because it is very unlikely that the blockchain can be manipulated.
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it must always be a bitcoin that is a scapegoat from a transaction that is considered unlawful, actually if we think well, bitcoin is just a tool or media that we use to facilitate our transactions, like a knife that will produce something good in the form of food if we use it for cooking but it will wreak havoc if we use it to hurt others. So actually it is not a bitcoin that is the source of the problem, but its unwise use will be a problem.
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In my opinion if we look at the core part of the Libra is to create an easy payment system for all users as easy as sending messages, all I can take from here is nothing special about this product, there are many similar products offering crypto currency payment systems which is practical and efficient, which makes libra viral and widely discussed so that it is considered an extraordinary product and will have a high selling value because the issuing of these products is a company that already has a high popularity throughout the world.
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My advice when you invest in crypto currencies is not to keep all eggs in the same basket, meaning that if you have capital don't just buy one commodity but also buy some other commodities, because when you only store in one commodity and when the price of these commodities experience things that we really don't want, so that all the capital we invest in these commodities will automatically disappear.
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It is not impossible for an 18-year-old to become a billionaire because of bitcoin, why is that so? indeed, if some adults consider bitcoin to be a threat and something taboo, it is different from the boy who kicked bitcoin from the other side that people did not realize and were able to see, which turned out to be the thing that made him change and change his views others about bitcoin.
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In my country, bitcoin is only legitimized as a digital investment commodity, no more than that, so that both business and religious activities have not been able to receive bitcoin well, bitcoin is only understood by a small number of citizens here, and even in a small amount of investment, especially for bitcoin religious activities and crypto currencies are still considered taboo and the majority of the population still thinks that bitcoin is something negative.
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I have known beforehand that I know crypto currency and get money from there, after I learned and understood then I tried it, in fact there was not a single thing that was scam, everything was transparent and even it could not be manipulated like other commodity markets, who say that bitcoin is a scam is just those who are jealous to see bitcoin business people get a lot of benefits they also don't understand how bitcoin works and how to get it.
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I think that such problems are quite reasonable now that the crypto currency has only been used for a number of years, I think it is still in the period of developing all the problems that now appear to be material development systems, something when it will be well resolved and use crypto currency can run efficiently without any significant problems.
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That I think is only a reasonable market correction, when the price of bitcoin is rising significantly naturally it will experience a correction because of the behavior of market participants who take profits to buy their bitcoins at a previous low price, then they sell when there is a difference between the purchase price and the selling price for profit, this is what makes the price of bitcoin undergo correction and the cycle will continue to occur as long as there is still buying and selling activities in a market.
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Users of crypto currencies are dominated by developed countries, where in general they already have a high level of economy and knowledge of investment ... but now there are also many users from developing countries who choose to invest in crypto currencies and the amount is increasing this increase may be due to the ease of getting information with the internet. In the article I also saw some big exchanges that traders often use to sell / buy crypto currencies they have.
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When I advise newbies about bitcoin, I will not tell you the portion of the profits that indeed it has become a boom that the price continues to rise, newbies need to also know the risks that they face when choosing to invest in bitcoin, and give them an understanding ready to lose all the capital they have so that they have a good trading psychology when taking a market position.
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Starbucks has already received payments using bitcoin, this shows that bitcoin will someday be used as an international payment system because it will be very easy and efficient if we use bitcoin as a payment tool when we transact with someone abroad who will consume lots of time and transaction costs.
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Blockchain.com is a secure web wallet unless careless users maintain their account security, maybe someone uses that carelessness, so someone takes over your wallet and sends all the contents of the wallet, hardware wallet can be the right choice to prevent this happens, everything is in your control when you store bitcoin in the hardware wallet, remember that crime occurs not because of the intentions of the perpetrators but because there is an opportunity to beware.
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This might happen because the government will also use it as a means of payment gradually as evidenced by the existence of many countries that approve bitcoin as a digital investment commodity, and this does not rule out the possibility that in the future the government will do the same with bitcoin if used as a means of payment.
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Fraud is indeed very frightening for everyone. But actually fraud can be avoided, especially before we decide to invest our capital in a commodity such as crypto currency or token, a product whether we buy it in ICO or IEO, it would be nice if you were careful before buying, make sure what product was produced from the token, how the roadmap, and who the development team is, if all of these things have convinced you you can invest without having to fear fraud.
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It is indeed very good and suitable to be applied to voting activities to determine the number of votes, of course this is very necessary for election activities that require high integrity in vote counting, with blockchain technology that is transparent and cannot be manipulated we can run elections with high integrity and quality
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That's right, everything must be prepared as early as possible to determine the next step is important when we invest in crypto currencies or in stocks, in addition to sufficient understanding we also have to prepare mentally and psychologically as well as possible so we can make the right decisions and get maximum profit.
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