This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
If the governments could not benefit from bitcoin, then I think they will do everything to ban bitcoin. Governments always wanted percentage from all "business related estanlishments" and money generating products. Bitcoin is not exempted to that because it is always related to money. If Government cannot ban bitcoin, then atleast they could regulate or control it in all ways they wanted. |
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Bitcoin price is getting down just like ski slop!
Is bitcoin over? do you think bitcoin will recover their price?
I'm afraid, I lost my everything almost 2million....
Bitcoin is not dead my friend. I believe it will recover in the next months. There are just some issues and policies arise that affect bitcoins price. Let say for example, the issues regarding facebook and instagram banning bitcoin, the countries that ban bitcoin also. But that doesn't mean that bitcoin will not recover. Just think positive and keep holding your bitcoin. |
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What if bitcoin wasn't created?
I was just wondering what would happen to the crypto world or would still cryptocurrency be this popular this day if bitcoin wasn't created?
There are a lot of changes happened because of bitcoin and it also change the way on how we look on cryptocurrencies. Because of this some government and bank owners were alarm because of the rising popularity of bitcoin and the other cryptocurrencies. Cryptocurrencies also help many people giving them works online and gets profit from invesments.
But what if Bitcoin wasn't created, where would you be right now?
What would happen to crpyto world?
Will the cryptocurrencies be as known as it is right now?
If Bitcoin was not created, then life in the digital world would still be on normal yet dull life. Imagine if your just using or browsing social media without gaining anything. Just playing online games and wasting time in it. Just doing online jobs that would take years before you can earn or make profit. Surfing the internet on pornographic materials. Those would be the life if Bitcoin did not exist. |
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Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?  Volatility is never a bad thing for bitcoin and other coins in the crypto market. Volatility would mean, affording to buy and profitting in selling. Affording to buy means people will have the ability to purchase coins if their prices go down. People can acquire more coins and able to invest when this situation happens. Lastly, people would profit if they will sell their coins with a high price once the market or prices of the coins go up. |
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Many of us may have read that 2018 will be game over for bitcoin.Every now and then have seen that every Tom, Dick & Harry Coin claims that their blockchain technology is better than bitcoin and they will solve the real issue with bitcoin network but in reality no one is even close to that.
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
Crypto world will possibly survive and cotinue to exist even without bitcoin. Let's say Bitcoin will eventually dissappears, other coins will comptete to make their value higher. Developers will keep their coins strong and alive to compete in the crypto world. Bitcoin, may be the fisrt coin in the crypto world, but I beleive that in can be replaced and can be overtaken by any coins. |
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In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can.
Ethereum would still be next after Bitcoin. Ethereum is a strong cryptocurrency and I am convinced that it is mostly and widely use in all bounty campaigns. Bitcoin is independent and can stand even without other coins. It can go on and would still be the most indemand coin. With this, Bitcoin will remain the first and only coin on top. |
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Hey Guyz,
So finally indian Govt. announced bitcoin as illegal currency. And they will take action against individuals who will invest in it.
So what should Indians do at this time?
Should they sell their cypto before its too late, or wait if future hold something good for them.
Or if they donot sell then will it be safe to do transaction or use exchanges in india?
Or is there any alternate way to sell crypto without attracting Govt attention?
Please be reliable on your claim that Indian government already banned bitcoin by providing us credible link about that. This may lead to misinformation and mislead people from India by panicing or by giving up all their coins. Please be sensitive enough to others especially when it deals about the investments of Indian people to Bitcoin. Again, I need a reliable link on this. |
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in my opinion is it will convert to half of money and another half again reinvest. what is your opinion and let rock together with my topic.?
I will also reinvest my money and the other half, I will convert to cash and travel five countries. I would like to see countries around Europe and spend few months there. Its been my dream to travel abroad and see the beautiful places in the european style and traditions. After that, I will come back again and work in Bitcoin. |
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Sudden I hair a news that Facebook banning All crypto ads. If that's true, Will be negative for our Loving Bitcoin (all over crypto)?
I also see a News.
We are cryto lover people, but why Facebook did that? What's the man reason?
They will just ban ads about crypto and not the facebook page of the developers or the projects. I read about the statement of facebook and as I understand, they will ban ads that encourage people to use all their money or ads that offering suspicious or scammy investments. This must be good so that those scammy ICOs will afraid to advertise their projects. |
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Recently Bloomberg posted the information that it took hackers less than 10 years to steal over 14% of all existing Bitcoins and Ethereum from the wallets of their holders. The total sum they have stolen is more than $1,2 billion! How to protect yourself from hackers attacks? Are you afraid of this stuff?
Whose not afraid of hackers if you are holding big amounts of Bitcoin and Ethereum? Of course, everyone! That's why everyone isresponsible to keep their accounts secured against those stealers. To prevent your accounts from hackers, I may have some suggestions: 1. Don't log-in in different computers, just use your personal one. 2. Update your computer from time to time and use ant-virus software. 3. Do not download anything from suspicious sites. 4. Always turn off your auto-download feature in your internet. |
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Is not my case, I do have some savings so I didnīt start from absolutely nothing, but I had not much to start with. I am having a decent go at cryptos and I think it may be possible to make a living... What could be a good strategy?
If you have a small capital but you can purchase some low-price tokens or coins, then go for it. Just choose the right coins to buy or invest. Then, if you received that coin, you can start trading it to make it grow. If you think that the price of your coin is good enough for selling, you can do it and purchase more. Just keep on watching the chart. Actually, you can make a living in crypto if you are hardworking individual. Aside from trading, you can also join in some bounty campaigns to earn more tokens or coins. |
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hi evryone am warn u taht myetherwallet is big scam and thief someone haked my acccount and thief my all token and balnec and no sport no security improvement i think airdrop/ico also involve due to they recmonded myetherwallet.com no safe money no safe any token no 2f factor no phone or email code verification this is my wallet address 0x56b325b14218eD06807cE1168DC9E1C20348bDFa am not show to anyone my key but my balance is theft so am blame to myetherwallet.com owner, develpor, it team, airdrop/ico they recomanded that thief wallet, if u everyone not thief prove that and improve that,due to time is money,not money is time, am give u everyone my time and sport,u understand?  My ether wallet is not scam, the people who are hacking are actually the scammers. Once and for all, you must keep your private key private or in safe place. Someone may knows your private key that's why they stole it. You can trace where did your tokens go by going through your transactions and there you can see the address where they go. Do not blame MEW because we are also using it and we keep our private keys secured. |
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Some people just participate in the bounties and wait for few years. they don't sell their bounty rewards for low fiat reward. Ironically those people become FIAT millionaires.  Thx for bounties! Good jewelry. Bounties are good source of tokens as long as you are hardworking. It also requires patience because the campaigns take about three months. after finishing your bounty, you will receive the token and its gonna be worth it. If you immediately sell your tokens, for sure the price will be low. But if you keep it for sometimes, lie five months to a year, the value will be really high! And gotcha, its like a jackpot. |
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
The answer is obviously no. Cryptocurrencies is developed or created for the sole purpose of using them in the online market. The scenario will be like this: if you are going to buy a coffee in the store, you cannot use crypto because the transaction fee is higher than the cost of coffee. Physical money already existed over thousand years, and it wont be eliminated. |
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People have been talking about privacy being a very big deal in blockchain transactions. Can you help me understand how will privacy help ? Preferably give an examaple to explain better. Thanks
Privacy is important and really a big deal not only in blockchain but also in all your accounts. Let say for example, your facebook or your email accounts. If someone knows your password, they may see everything about you an dyour transactions. So as in blockchain. For example, you have an ethereum account and it has 10eth and some coins in it. If someone knows your private key, all your balances including your coins will be stolen, if that person who knows your key is not trusted. |
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It has been almost a year already since I decided to stop using facebook. Tell you what, It feels great not seeing all these showbiz personalities, the faces of these stupid politicians, the drama etc...Would you quit facebook?, just try it and I assure you of one thing and that's "Reality".
I cannot quit facebook. If you actually do not want to see those showbiz, politics, etc. you can control what to see on your newsfeed. Right now, my facebook is only use for social media campaign. I do not use it anymore for chat, etc. If you know how to use your facebook wisely, then you do not need to quit. |
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Since the market is going down and down are you worried about your Bitcoin? I saw someone asking what to do with his/her bitcoin? S/he has 12 bitcoin. What are you doing with your bitcoin? I feel not worried about the situation of bitcoin now. Actually, I conditioned myself before I joined bitcoin that whatever happens, I should not panic and must think carefully. The market has been down since December last year and I believe it will go on normal chart again and it is actually happening now. Worrying and panicing wont do anything especislly if you are a trader and in business. I advise that you must keep on hold your bitcoin. |
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Just imagine, how precious is the time for your life? What a valuable time for your financial development. You have the possibility to become a rich person if you try to manage time in a very efficient way. An hour for you could be equal to one month for others. When you waste an hour, you're wasting a month's time for someone else. Therefore, arrange yourself in such a way that can really take advantage of time well.
The quality of time you have will elevate you to better financial condition. If you value time, then time will also appreciate you. Therefore, the English proverb says "Time is money", which means time is money. Pepeatah has a tremendous meaning, which will change your life for the better. The price of your time is the same as the price of money yo
Time is really money if you are in the business world. Likewise, time should not be wasted when you have assets that need to be developed. Assets therefore is a valuable things that we have to take care of and be given enough time. For me, i manage my time well. First, I do to-do-list so that I will be able to prioritize things. Second, I spare time for my self like self meditating after doing work. Third, I do bitcoin regularly. |
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The U.S. government believes that bitcoin is tax-deductible as an asset whether used or held.
Tell me, your point of view.
Yes, Bitcoin is an asset by anyone whi hold or used it, but the problem for the US government in putting tax on it is the identity of those who have bitcoin. It will be hard for them to trace those who have it. If the holders of Bitcoin will encash it, then they can out tax on it. Putting tax on it in the digital world would be difficult for US government. |
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Bitcoin is a cryptocurrency that operates in the online world. Poverty is in our real world. To relate this, Bitcoin has nothing to do with the poverty we are experiencing right now. Bitcoin cannot and will never end world poverty. Who are those in the poverty lines? Those who have no assets, no smartphones, no computer, and even cant afford to go college. The governments are the sole responsible to end world poverty and not bitcoin. |
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