I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?
To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.
Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?
The bitcoin users are afraid because if the government did not like it and they have agreed to banned it they will banned it in that particular country and you cannot do anything about that because they are the government and they have the power. And what will hapoen to your holdings? Of course you cannot access that anymore because the bitcoins are inaccessible in your country any more. That is why bitcoins people are afraid of to lose all their holdings that they have worked for a long time. |
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do you think that to be sucesfull trader one needs to be lucky or not but rather work hard, learn etc. my opinion is that luck plays big part. i know i myself am not realy somewhat enough lucky in lottery, gaming and similar. evan worse, used to be highly unluck to the point i would feal the world is going against me on purpose. i know some people like me, who simply cant succide evan if they work extra hard, like givin more then 100 percent. something happens, always. so you can see how realy bad fealing it is when it happens over and over again, to the point one starts to cry. then the oposite ones. ones who simply have lucky hand. so which one are you?, or do you evan think there is such thing as luck, and does it play any part in this cryptogame?
Of course I believe in luck but not all the time because luck is just in an opportunities I believe in luck because there are people who was given an opportunity out of nowhere then vecame a successful person after that incident that is what I called lucky because not all people have given that thing how much hard work.They put in their jobs they cannot be as lucky as the other persons are. And rhosw lucky millionaire in bitcoins thosw who have do nothing and became a millionaire that is also lucky but we dont know gow to be like that. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Based on my understanding about the bitcoins their price are like a supply and demand law and the more the demand or the higher the demand of the bitcoins the higher the price it will be so if you panic sell you bitcoins which is gonna lessen the demand bwcquse the supply will get higher again of course the price of the bitcoins will fall too. So prevent yourself to panic sell because you are just draging down much more the bitcoins. If you can help them just dont sell that is the least you can do. |
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Maybe they are threatened into the cryptocurrency because they are the new thing that the banks and the government cannot controll so if they will be successful getting into the people take their side of course rhe banks will lead into bankruptcy and that is the fear of all the banks that is ehy they are hating the bitcoins because the cryptocurrency can put an end into their career. But of course not all banks are hating there are banks that are supporting much more and that is a good thing. |
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Even if the money was for free it doesn't means that you should be ok with losing it, as that was your money and you could have saved it or invested in a coin and hodled it. Trading isn't for everyone and trading in a volatile market like crypto market isn't very easy and very few people are able to turn a profit from trading.
It is not okay to lose a lot of money but still it is not okay to be sad and be nothing if you lose that I suggest that you must take that as a lesson for you to not do the same mistakes again. If you have ever encountered that lose do not lose hope already and do not get angry also. Just be patient and pisitive thinker and do some ways to recover them back but if there is nothing that we can do. Just always think that ypu can gain that money again and never take that thing into negative because you will lose focus |
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
I think i will agree tp the fact that they cannot be used as a money especially in daily living because their price are not stable which means that the value in this time will be different to the value on the next few minutes and if you have the exact money to buy that thing and the price changes the money will also changes so that will be the problem and we all know that not all the time the price will increase so they really cannot be used as that thing they are just better as an investment.not a currency at all. |
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
I dont know but that is media of course.so they will do whatever it takes just to catch the attention of all the people that are watching them sometimes they are exaggerating things about bitcoins just for example those scams because they will have a lot more viewers if that happened. But the real story behind it is those scammers are not really bitcoins but just an ordinary investment scam that are using the name of the bitcoins for the people to caught their attention. |
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This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  I am not getting all in into trading because of tha thing that you have Said you can either be waiting for the price to go up or down. You cannot get your money right away if that coin you have been invested in are in a downfall. And if you have ever invested all in just be professional and do not let your emotion drive you away. But my advice always spare some money from yourself because sometimes you kight need to so you wont be thinking about losing money because that investment will be for investment only and not from spending |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
Because it is part of our society to pay taxes that is where we get our salary if we are working in a government. But not all people wants that thing that is why they are very happy to know bitcoins because they now have the freedom of their own money not having any taxes at all because there are some people that are saying they cannot feel the tax that they paying for the government. Becwuse that cannot be distributed equaly but still. They cannot do anything before but now decentralized currency is here. |
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bitcoin has many technological limitations(1MB size of block, takes long time to process your transaction) and so had been hardforked to bch, btg.
it could only be used as currency since they do not support platform like ethereum does.
currently many icos are based on ethereums, cause they support tokens on their platform.
I think the only benefit of using bitcoin is that it is the very first cryptocurrency and altcoins are exchangeable in exchange because of btc's stability.
how do you think of bitcoin? will it still have much advantages&value as it now has?
I think yhe future of the bitcoin will be much better in the next couple of years because they will be much accepted by the society that means a lot of people will biy them too so the tendency is they will be much bigger and they can give a lot of people.money they wipp be a great investment for a long run. Other establishments also will now accept bitcoins as a payment so they will be much like a part of the society like a real currency like a fiat but a digital and volatile version of it. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
No not all successful trader are educated because there is no school or university that is offering thar thing i mean this is not yet a real profession so there is not licensed professional in these thing. All traders and successful ones are those who have the will and really eager to psuh through. They make their dreams come true by simply working hard on it giving some time to really understand the trafung system and being a master on it but that is not necessary an educated because when you say educated it means teached by someone. |
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I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
Because this is a great time not just because they are gonna rise up in the market in the last week of the year but because they are very cheap today they are now falling agai into the market and selling more is not gonna help. Selling is just gonna cost a downfall so more or less we are gonna buy bitcoins today the fact that you are having a savings you can now have am instant investment. And you can contribute to the rising of the bitcoins just always think.possible |
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I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.
What do you think guys?
Yes that is true the price will always be unpredictable because that is how they have been created and as long as there are some people who will consume it their price will be moving up and down. So putting all the investment is not a great choice because there will always be a chance that the bitcoins will fall and will takes a lot of months before they fully recovered. It is much better to have some alternative source of income rather than sticking into oen job. |
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If that is what you called it then yes they will be extinct but for me the right term is just they will be replaced because they are gonna be still here maybe in some collectors hands but they will not be used anymore no production of them anymore because digital currency will take to their places. But i think that will going to be 100 years from now because the people still cannot cope that much into technology but I know it just takes time to accept that changed that is happening. Whats happening now is the start of it. |
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Recently, KFC Canada has accepted Bitcoin payments for a short period of time. However, Bitcoin can only be used to place orders online, and only to purchase a new item called "Bitcoin Bucket". And all this special deal will be handled by Bitpay, a fairly common Bitcoin trading tool. Its really interesting news, I wish that I can also buy chicken with Bitcoin in my coutry.  That will be a great start because kfc is an international fast food chain which is a very popular one that means the bitcoins can have a great endorsement too in their both ways. That is the start of the bitcoins being accepted as a part of a currency. Maybe because of that thing, the bitcoins will be Widely accepted by everyone not just kfc but all the fast food and even more. Just the start of the bitcoins era |
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Ripple is a shitcoin as they say, I've heard alot of negative comments about Ripple, they say ripple is a scam coin because it's centralized and majority of the holders are from banks. What do you think? Should I trust Ripple?
I dont know this time because before there are some rumors about ripple they have said that they can be much bigger than bitcoins if they have been given some attention like what bitcoins are. But now ut seems like those rumors will stay like rumors because the cryptocurrency are having a hard time they are falling and the ripple seems like cannot be stable as that. So I am suggesting that they are worth the try but there will be risk so do not invest a huge amount into them |
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ 
What do you think? How low bitcoin can go? Just hodl it I agree into this thing that is also my mindset when the value is dropping. If im not gonna sell then I am not gonna lose money because the price is more likely to come back again not that instant but they will come back again or even more just wait for it. And the. When that time comes then sell it if you do not wanna lose and wait again. But always remember that panic seling is not always a solution that is like correcting a mistake using a mistake. Just hold and have a lot of patience |
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We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If you’re at the losing position what is the best thing to do?
How do you handle tough times in real life problems? That is not different on handling here because it is like a real time problem too becaus it involves money you need to stay focus and think positive because there wilp always be a way to figure things out and solve that problem. Just dont sell or dont get in a bad mood because that can cause you a huge and terrible decisions that can really ruin the career thet you are taking. Just be patient and think of some possibilities of what you are doing. |
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If I invest money that I do not mind losing, why not.
Not very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.
That is true we need to think about the possible outcomes of what we are gonna do because spme people really wants to invest in bitcoins that comes to the point that they will sell their own house or even loan then buys bitcoins not knowing how bitcoins really works and they are the real fool because they might lose money with that thing. Some of them are investing just because of the hype bitcoins need a lot of patience amd time not all the time bitcoin can gave you profit. Be wiser think before investing |
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I want a long term investment what s the best choice for now?
And thank you for ur help
Ethereum is the best choice for now I guess because they are still successful and still on a stable price my meaning in stable is they are falling too much but not also rising that much. But still I trusted them in the future that they will be way much better than every altcoin I cannot say bitcoins because they are hard to beat but if younare looking for an altcoin investment then ethereum will be the one. Litecoin will be the second because they are great too but with a lower price so I am gonna say that you will hold them nuch longer. |
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