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Other crypto is not possible to take the Bitcoin crown. Because I can't see anything taking the Bitcoin crown in the near future. The market is still very dictated by Bitcoin and still far above even Ethereum, although it gradually closes the gap, it won't be possible.
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As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
No need to increase anonymity to make Bitcoin superior in the future because we can use bitcoin mixers that make bitcoin difficult to trace. but this has become a boomerang for Bitcoin, because its anonymity makes Bitcoin considered a threat by some countries because they think Bitcon is very supportive in illegal transactions such as money laundering and terrorist financing. bitcoin requires more stores to accept Bitcoin as a transaction tool so that in the future adoption of Bitcoin will increase. |
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Many things can make crypto new to be trusted. First, ensure that the people who work behind the project are trustworthy and brilliant individuals. second, ensure that projects that are introduced into crypto space can be used and have many ways to offer rather than other existing crypto. Lastly, the number of investors who come to the project who want to be part of the success of the ICO. There are still many factors that need to be considered for us to trust the new crypto.
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Bitcoin has a character like gold, has a supply that is equally limited. but Bitcoin must be more attractive than gold, because Gold is widely used by rich people who see it as a store of value and class. However, bitcoin is not just a place to store assets, bitcoin also has more value because it also plays a dual role for payment purposes.
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I don't believe 100% in altcoins because we all know this market always fluctuates so it's difficult to predict the price. There is no type of altcoin that can only increase without decreasing. The principle of entering the crypto market is to sell at the highest price and buy at the bottom. Only get the profit that I will sell.
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Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin. But the funny thing is that even though there are so many complaints, Bitcoin has become popular all day around the world. I think we need to change our mind about bitcoin's.  Really, people's complaints about Bitcoin are correct? Everyone has the right to judge Bitcoin like that, but Bitcoin is just a tool, depending on the person who uses it, because I realize that not everyone gets profit by buying Bitcoin, some are losing money because of this currency. But I think bitcoin is a digital currency that has advantages as a future investment. We only need to take advantage of bitcoin as a positive thing, namely as a digital currency and our investment. It doesn't matter whether to be recognized or not by the world, as long as we can still use it, I think that's enough. |
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I don't judge the decline that occurred in Ethereum in 2018 was a failure, I think the decline is happening because there are cost problems that must be considered such as mining equipment and the cost of running this rig including electricity and labor. But Ethereum will definitely experience huge volatility before it is stable for mass adoption.
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I believe in big exchanges like binance because they walk here for a long time but there are still no guarantees on trading sites here like if they get hacked by some bad guys so our currencies can be hacked and actually I use 12 trading sites now so I only rely on their popularity in crypto so it's good for investment even though trading is very risky but we have many here who have good reputation and if I get a scam then I will look for other trading sites to secure me again from hackers.
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I have been looking through the forum for potential bounties this week and most look like absolute garbage or rehashes of coins we already have. Are you guys experiencing this? I wen through about 20 projects and didn't find one good one. Looks like the days of grabbing a bunch of ICO's and hoping for the best is over. There is way to much garbage out there right now.
Not all bounties today are trash. There are still some beneficial and legit gifts out there. usually have to go through some bad projects to find a good one. The only thing that changes is that useless people who have been funded no longer do it. But if you are willing to work to filter garbage, you can still find a good bounty. |
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Bitcoin will never die or will never be worthless as long as there are still people who trust it and continue to invest and trade in the crypto market. These people have extensive knowledge of bitcoin and they have a strong feeling that the fall in the price of bitcoin is now just a fluctuation in the price of Bitcoin.
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Ethereum is a project that started from the beginning and has given way to so many coins and other tokens, Ethereum is also a platform for many legitimate ICO projects. so Ethereum is much better at various levels, especially BCH is just a hardfork coin that piggybacks on the reputation of bitcoin, it's not a real project with original ideas. So I prefer Etherem rather than BCH.
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It is very difficult if the bank is removed from the system. because most banks around the world support the economic growth of a country. but cryptocurrency will become a bank when they are widely used in the world. Maybe some banks will evolve, banks will use blockchain technology, continue to work with cryptocurrency.
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I don't think humans stop using cash, because in developed countries and technology has developed rapidly, you will still need cash from time to time, and people with the lowest income cannot make online transactions for their payments, they need to use exchange physical media.
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If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
I don't think it will ever happen because the biggest weakness of Crypto is a coin designed for online payments, but even in the developed world and technology you need cash from time to time, and the people with the lowest income are unable to make online transactions for their payment, they need to use physical media exchanges. |
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Bitcoin is very slow transaction and fee is rediculus then why people bother buying it or considering it. I have £130 of bitcoin and I want to move it and it is asking for £28 network fee. Why should people bother having it. I can't wait to get rid of it when the fee is low.
Avoid transacting in small amounts because currently Bitcoin transaction costs are very high and that will hurt you but I believe this will be completely innovated or changed immediately. because I agree, high fes are going to kill the coin. |
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Bitcoin is a digital currency that works with trading platforms, and has a limited supply and has two different sets of people at any point in time to make the system stronger and determine the price of Bitcoin itself, two groups of people are only classified as requests and offers.
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Bitcoin transfers even between countries on average the administrative costs are very cheap. Obviously more profitable than banking transactions, the administrative costs of which are still expensive.
I hope that all banks can see opportunities for Bitcoin to be utilized. Although I acknowledge the central bank's concern if Bitcoin transactions are used for prohibited matters.
One step that can be done by the Bank is to allow Bitcoin transactions on condition that they have to be registered on a special platform. Later the patform must be accompanied by a central bank permit.
This means that all bitcoin transactions must be recorded by regulators, now there are many illegal bitcoin transactions without permission and without supervision from regulators.
There is one country that can use it, for example in Japan that allows transactions with Bitcoin, even for payments in retail stores.
The government in Japan actually allows retail stores to accept payments via bitcoin. There are 4,000 stores that accept bitcoin payments. So far there are no problems. Even the Japanese government is making its own cryptocurrency.
All the points stated here are facts and many people agree to them. We can only hope to beest from Bitcoin in real life applications and until that happens before we can fully enjoy the benefits of Bitcoin. |
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You're right in your opinion, crypto will make people smarter because Crypto is the most profitable investment at the moment even though the risk is high, with high risks, people will be forced to learn everything about crypto and continue learning so that they can avoid risk.
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I am still optimistic about fortification I was a famous digital currency analyst, recently that the digital currency market this year is stronger than it was at the same time in 2014. According to his tweets, there are a lot of ongoing purchases despite fear and surrender in the market. His vision was illustrated by a graph comparing the decomposition rate for the period from December 2017 to August 2018 and from December 2013 to January 2015 The market capitalization of the healthy grew from $ 8 billion at about the same time in 2014 to more than $ 108 billion now. Having acquired many acquisitions and reached a price point of close to $ 20,000 in December 2017, the value of the market has increased by more than $ 661 billion. The 2018 index clearly indicates that there is much lower volatility in the price of the composition at this time. The relative stability of prices in the market can be attributed to the impending news that investors are eagerly waiting for. The US Securities and Exchange Commission (SEC), after its recent rejection of the proposed ETFs proposed by the Winklefos brothers, will announce its decision on nine ETFs in September. I hope that I have delivered all and created hope again to those who lost  Even though there is a lot of negative news about Bitcoin and a ban on some countries on bitcoin, it won't be able to damage my faith in holding Bitcoin because I'm optimistic about the future of Bitcoin, and always positive in digesting all news about Bitcoin. the fall in the price of Bitcoin makes people think this is a bubble and a lot of sales panic is made so that the price of Bitcoin gets worse, but now the effect is fading, which is a clear indicator price will rise. |
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I think you have to start with a small amount first, $ 100 is enough for a beginner. Make a few small trades and learn how the market works, pull out your trading strategy, trading experience, big losses, get profits. This is a long and difficult process. but that will be a valuable experience for you in the future.
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