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No I don't think this could cause some serious impacts on Fiat money like you said, also the government is on the top to rule their country they will not say no to Fiat so easily. I agree BTC has surpassed many assets like gold etc but there is a logic behind Fiat currency which can't be changed in future also I believe the government's will not accept such instance to happen.
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Actually this topic has to be created in bitcoin discussion group well that's okay and I am happy to hear this as one of the big chain business franchise has accepted BTC as payment system also Venezuelan country is very supportive for crypto currency especially on BTC also they are focusing on petro on their own countries Crypto coin which is not much familiar but still they are working hard on this and BTCs dominance is remarkable day by day and these signs shown the popularity of the coin.
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USDT is a secured asset in crypto currency people want a stable coin in this unstable market so I would prefer USDT when the market goes down, We also have a genuine example for fluctuation especially like bitcoin.
As far as I know Tether is a profitable investment in bear market situation even in volatile market it helps many of them to save their earnings to avoid loss as well, Tether is a safe and secure investment without any doubt.
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Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
Despite all uncertainty from pump to dump the future of top crypto currency looks unpredictable there are two possible ways of current market if you see the resistance level like you said 16k is the down level on the other hand if it starts pumping again I am sure the price will break ATH and reach till 25k. There are lot of possible scenarios but one of the most important key factor is the price of BTC has constantly increased from the past few months and hopefully it will to the same this month as well, let's see. |
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Many countries are still ignoring to legalize bitcoin as a payment system but many governments need a stability in crypto currency which is quite impossible, the liquidity and volatility is the talk of town. They are ignoring this as it is like a money laundering scheme but they need to understand the differences Between the two, as days passing slowly many countries have showed green signal for BTC and this will surely become the ruler across the globe.
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1) May be in future it may become the reserve currency in the world.
2) Employees will be paid in BTC, it has already started slowly in near future it will expand.
3) Those who want save their earnings they start in BTC even this has started and expand.
In my opinion national currency Will be measured against BTC, a lot more to come guys this will definitely rule the world.
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What I am seeing if you try to zoom out the chart with higher time frame is a bearish pattern, a double top. So I am expecting some dumps from here. This pattern may not perfect but I am still looking on the other side of this bull run of Bitcoin recently which we already created a new all-time-high price. The other twist what could be possible is a cup handle pattern, which a bullish pattern, the handle is still not drawn for me this time.  What are you trying to say? I was just curious to know the next price movement like pump or dump giving diplomatic answer is not a solution, I know charts and it's candles works with an assumption. It will fluctuate only if there is price movement also can you figure out the same with zoom lens and say what could be next in a simple way by saying pump or dump?.. |
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It's a good question actually because everyone will have a doubt on this like if we save our earnings in banks if the account holder dies the balance amount will be paid to the account holder survivor, Similarly many expect the same here as well but this is purely a safe and secure site unless you say your details to your loved ones nothing can be done.
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How could I elaborate it when my friend first told me about bitcoin I laughed at him and said this could turn out to be a new technique of scam, when I slowly started to research on it I was literally attracted then me and my friend started to buy in our savings and we started to earn money from it. Now I started to focus my full time job in this and earned a lot thanks to the founder of this technology.
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I have been watching the price of BTC from couple days after it broke the 15k barrier and I thought the next thing would be 22k, as days are passing somehow it's slowly pumping up and it was ready to break ATH unfortunately it failed and again it crossed 19k and went down. Is their a dump in upcoming days or pump? I am just curious to know about the next price of BTC, share your thoughts  |
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When the time comes that there will be no fiat anymore, people will have no choice but to adapt cryptocurrency so there is no one that's gonna left behind. Maybe we're still going to think about how pricey is the fee in every transaction we're going to process every single day, bulk buying will be a trend I guess to save Bitcoin. Also, you don't have to worry about the world getting bankrupt or something if Bitcoin supply is going to be zero.
I'm sure in the near future, Bitcoin will be replaced by another legendary coin that's gonna be made by someone as great as Satoshi Nakamoto.
Is there a possible substitute for bitcoin? Also do you think there will be high demand like BTC had? That's quite impossible, people are not so blind to jump in any asset without trust. BTCs main motto was to make transactions easier while introducing it to world Satoshi never thought it might turn as a business. It would say the demand and people atmosphere changed it to give more importance to bitcoin. Also Fiat will definitely be till the world ends and it's bery essential for those who are uneducated, think about it. |
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Litecoin
XRP
XLM
EOS
Moneri
These are my most trustable as well as fastest crypto coins from my point of view, I agree there might be more faster coin than these but these are very trustworthy coins from my experience, it's always better to use reputed coins rather than compromising on safety of our asset just for faster transaction.
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Both are good in my opinion but those who were holding BTC for long-term are millionaires today the thing is it's purely risk but in scalping you can day trade and earn money in daily basis and get back your investment which is also called as short-term investment.
If you are doing scalping then I would say it as smart work, low risk and safe zone. For long-term patience is the key.
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BTCs dominance is out of mind the mass adoption is growing because of the increasing use in primary sectors like institutions, businesses etc. Well these type of news is boosting the rebel of BTC, the popularity of BTC is enormous and we are going to see a new revolution in crypto currency with the help of BTC, I would quote BTC as king for a reason |
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As bitcoin is nearing closer to ATH some crypto bulls have already given predictions for where the price of BTC go next, as btc has a strong reputation for extreme volatility there are many chances it may go around 22-24 k this is my opinion according to the current market status right now it's going now but I believe it may a correction also there a strong resistance support so let's hope for the best.
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Wow... Happy days are back finally people were desperately waiting for this moment and this will happen for sure hopefully it will break ATH by tomorrow, there were lot of speculation on BTC price couple of days ago as the price may go down but it turned out to be absolute gem and came back stronger, I am pretty confident that it will reach atleast 24k in my opinion let's wait and see.
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The long awaited Libra coin is all set to launch from Jan 2021, it has come with many plans as users and buy things at groceries stores and we can transfer money with zero charge. I believe this coin will boom definitely in upcoming days as mark Zuckerberg is already a popular figure in the world and there will be no Hassel when it comes security. A new coin is going to born and happy news for the users too.
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so what we do about this? and im still in bitcoin forum  if something is going on with my money i can call to bank 24/7 and asking whats going on they always pick up the phone  if bitcoin goes down i cant call to nowhere... so banks and bankers are the best and winners in this case agaisnt the bitcoin and crypto:) Quite funny now even banks are supporting crypto currency I will share you the link for sure kindly have a look on it and how it works, secondly banks are providing coins only to their customers where as anyone can buy and sell Bitcoin. This is inclusive in most of the US banks and this will be keep going. https://www.americanexpress.com/us/foreign-exchange/articles/us-banks-support-cryptocurrency-payments/ |
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I am really happy hear this news sharing a link of that would be appreciated because a proof is always required when it comes to a discussion.
Well this news could turn out to be a post of the day if this is true because many institutions will move on to make BTC as a subject I would say that's how BTC is gradually increasing its reputation However we are going to see a new era of payment system in couple of years stay tuned.
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Covid-19 has helped a lot to increase the price of BTC as many of them invested in BTC during lockdown periods so automatically the demand was increased and now it is over the moon also those who were running out of money they sold their assets to buy things for daily needs BTC is absolutely gem it helped many even in tough situations, so probably it could be considered as a positive one.
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