If you are new to the game and inexperienced I would definitely say to just invest. So buy and hold your coins for the long term. It won't be that many years until Bitcoin starts heading for it's true potential.
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How long will it last?? Bitcoin is on it's way to becoming the world's reserve currency, not only for generations to come, but forever. Think about it. We have been using terrible ledgers to keep track of debt up until now. I mean gold is a better universal ledger than paper money but we use paper money because it's easy to centralize.
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Bitcoin does not crash. It has a volatility rate of 4% which is better than any other currency or asset so people can stop saying that it crashes as it always comes back. Zoom out on your price timelines people.
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I'm not sure what China would be laughing at, unless you are talking about them banning BTC, but probably buying mass amounts when the price dropped. Ya that probably happened.
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Mobile phones and the internet are definitely changing the banking industry. Central banking system is getting thrown out the window in replace of a new one.
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I think Bitcoin will replace the dollar sooner or later for sure because it is far more superior. It is just going to take time before the masses catch on, but wait until the momentum swings, wow.
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2fa or two factor authentication is great, but I just heard today that Google Authenticator isn't the best as it has vulnerabilities but Duo is a good one with privacy in mind.
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ICO's are called initial product offerings that use Ethereum's blockchain to launch these ICO's as smart contracts are necessary for the pump and dumps for some reason.
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The best cryptocurrency exchanges are the peer to peer ones. Changelly is better than ShapeShift as they just integrated SegWit to lower fees, and also sites like tuxexchange.com are great places to get em.
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If people are looking down on you for being a beginner then they're just trying to be territorial. It's not nice but that doesn't mean they are better than you in any way. You can be better at them in something as they did not cover everything.
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Not bad except that Starbucks is centralized and the point of Bitcoin is to dis-intermediate third parties via it's trust-less immutable ledger. The Bitcoin network also has a scarce amount of coins on the network making them valuable to mine.
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It is unclear who signed the agreement but it is clear that the agreement was fluid. It is getting less and less support and some companies thought to be involved are now dropping out.
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Best way to buy bitcoins are through peer to peer exchanges. If you want more privacy then look into decentralized peer to peer exchanges like bisq, cancoin, hodlhodl, etc
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There are tons of opportunities now in the space for developing with blockchain related tech. Just type in words related to your interests and skills and see what's up. There are sites specific to bitcoin and blockchain jobs as well.
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China hates Bitcoin because they cannot control it! So they try and ban it now which will only make them lose out in the end. Oh well, it's their loss and they will have to catch up.
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Some people prefer Bitcoin over fiat because of it's superior qualities. It has an immutable ledger which makes it better than any previous money because it can't be changed.
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Of course bitcoin transaction fees are fair. They're fair because they secure the network by incentiving miners to do their job and their fair because you get to use an immutable ledger to transact on. They're minimal compared to fees we pay with western union, credit cards, taxes, etc
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Why not? It is valued more than any other currency or asset because people believe that, and if they believe that they do so for a reason.
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JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up
nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
This is comical because he has skin in the crypto game more than you would believe. He bought the dip like crazy so don't listen to this guy for a second. He's invested in blockchain tech as well!
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I am not professional but current 20-25% bounce in price looks nothing more than a bear trap and I suggest you to make an exit before whales will get enough buy orders to dump their shitloads.
Its normal to have atleast few bear trap just after a huge dump like we had before. I don't think normal buy trend can shoot price to over 20% within few hours. I am all in USD right now.
Why are you in crypto is you hold value in the dollar? That's inflated in value so much it's not even funny. You might think it's stable one day, but it might not be one day either.
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