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Long back one among the wallet service provider bit.ac had their own card that has got values in terms of bitcoin. This card was issued to registered users free of cost to limited locality as well has got limitations in the usage in stores that accept bitcoin. Hope such services will get spread in the future.
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I suppose that the fear of August 1 has slowly vanished as btc prices started rising again. Currently, 1btc = $ 2728. It can be seen that btc prices have increased quite a lot and this makes people happy and a few feel regret. But we can be confident that btc prices will continue to increase and especially after Aug 1. That will attract new users.
Even when the normal growth was taking place the price used to increase and decrease quiet often, but this time the fear among the users were found big. This caused a increased selling, even when the price was decreasing causing a steep fall in the value. Now once again the increasing price has gained confidence among the users all around as well strengthen the network. |
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The initial motivation for buying bitcoin is because of the increased pricing that varies regularly as well the earning chances available. Based on these factors I too became a part of the community. Later on started to explore more about bitcoin as well about the good features it has got. Hope by the falling years the price increases enormous and make majority of the users to be rich.
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The current bitcoin price is $ 2700, the standard 1 month salary in my country is around $ 1300, so it takes 2 months to get 1 btc with the payroll intact and not used for any requirement, but by trading we can produce bitcoin faster than work.
Through trading one can make a better and bigger earning than day job earning, but here one needs capital investment. Based on our capital investment and the varying price profiting takes place, whereas with day job we get a sustained earning. All that required for profit making is skills and patience to make a right decision at the right time. There are people who expect much and loss the peak price points of selling. |
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Creating a cashless society is simply a hard task, because right now very few countries have got majority of the people with good educational base. To create an entire system function on cashless manner education or people to be with knowledge is a must. So this is possible in selected first world countries.
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For now bitcoin is number one among thousands of altcoins located in kriptocurrency, but this certainly does not close the possibility that a bitcoin will someday shift from its peak with another coin which certainly has a value higher than bitcoin, so far Investors are more confident of Bitcoin as a profitable investment place.
i don't think that this will happen with bitcoin as the leader of cryptocurreny. as long as people still trust and believe with bitcoin, bitcoin will always be a king. maybe if bitcoin is become legal and to be like currency/fiat, then the bitcoin position will be replace with other coin so altcoin needs another coin to be reference like what bitcoin did. The altcoins might have ethereum as the reference coin, but however advancements take place or grow in the crytoworld surely the leader will be bitcoin. Getting replace with some other digital coin is something that won't happen near or after few years time. The growth happened and happening with bitcoin can never be expected with other coins. |
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Investing into media is not the right way of profiting, hopefully some ICO project with the media as the platform is the best way to make an earning. As media is not much used with the digital currency platform media will not be an effective way to make profit.
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Bitcoin is a current not a job. What are you talking about ? Bitcoin has opened opportunity for new careers yes but Bitcoin itself does nothing it is merely a payment method. New jobs emerge since new things are needed in a world where digital currency king.
Many people consider it an job, which is entirely a wrong concept. In reality this need to be given importance as an way to make additional earning to fulfill our desires which cannot be fulfilled with our regular job. |
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Bank and governments are afraid of crypto. Several banks are developing their own block chain at the moment. They know if they don't catch up they will loose in the end.
That's not the true factor, because there is no reason for the banks as well governments to fear of the cryptocurrency. In specific if governments feel bad about bitcoin, surely in a short time period governments would have reacted in such a way to abolish it. So I think banks might have faced big loss just because of digital currency growth, for the same I don't think it fears. |
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When something goes beyond limits, it might get a increased value or else the value might gets a sustained limit within which the price moves forward and backward. In terms of growth more countries might have legalised the bitcoin as well other digital currency. However developments happen digital currency won't go mainstream.
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I'm not that aware about the different ways of profit making by the exchange websites. Probably in every transaction they get a fee and in particular every exchange websites have a capital volume. The difference with that too provides a profit.
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Every user doesn't know how to get free btc. Right now only a class of people who have been with hard working mentality learn the different earning possibilities available. Most of the rich people were much interested in making money through investing on bitcoin or through the trading.
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Majority of the people sell their holdings. This is just because of the panic that's getting generated over the entire network based on the splitting of coins. Specifically the people who hold bitcoin expecting a big price increase were the one who trust that the splitting into chains won't affect the growth.
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Be cautious as you are a beginner in trading, even a small mistake will cause you loss the entire investment. Right now analyze the best ICO and invest into it, with majority of the ICO the growth is assured for certain extent. Wait for the token distribution and trade it, you'll get an capital amount as profit to invest on further altcoin trading.
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As Aug 1 is getting near the splitting controversies have been getting bigger and the fear among the users have been increasing. This is just because of the unexpected thing and some advice too was provided through all the forum users to meet the situations without any negative impacts on the investment.
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I'm not that sure about these market, still from the information contained through news portals and other articles came to know that it has got good acceptance in these countries and specifically in Canada. When it comes to Mexico for illegal usage it's been preferred next to dollar. Canada has got several financial services industry functioning with bitcoin. Based on this believe that these countries have grown good in economy with bitcoin.
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Price seems to be stabilizing around the value of $2500 for a long. This adds a resistance to the price increase which is expected to happen within certain time, once after the ongoing segwit activation. Now currently the price seems to stagger between the limits of $2500 - $2650 till the month end.
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bitcoins are just like shells or furs in ancient times - of course they are not banknotes or coins, but it's money, because they have all the functions of money
I can consider bitcoin as a money because I can use it to buy some things like a regular money. It's a digital cash more likely convenient for anyone to use to buy things online. But it can also be use as a regular money because it can be cash out and one will receive a regular money that is equivalent to one country's currency. Thouh it hasn't been recognised as the universal currency around the world, it has been serving as a universal currency by the people all around just because of the conversion accessibility availability to any of the fiat currency of any country with uniformity in price varying with the exchange margins. |
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Define "Ordinary" citizens. Bitcoin is relatively uncomplicated as far as obtaining and spending / using goes. The market is only limited as far as vendors taking bitcoin as a form of payment. I'm sure you have some "ordinary" people who do in fact use bitcoin for some of their transactions online.
Right. Actually, bitcoin does not have the concept of ordinary citizens compared to other people. I see that anyone can use bitcoin when they want.Double does not need too much knowledge they can also learn and use. as long as you have the knowledge about bitcoin you can use it. thus, people around the world can handle technology and can use internet. It may be possible for every citizen even some of them just using it for online transaction, they must've known something about bitcoin. Bitcoin is purely for the common people, but as the price has increased to bigger extent the affordability by ordinary citizens has decreased. Just because of this common people focus more on earning it. In reality the more we have more will be the profit we get through it. This helps rich earn big profit through it. |
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I have never used any specific YouTube channel for the bitcoin news. I just use the YouTube search and find the one I expect for, and view the contents in it. Basically these days it's quite hard to find perfect YouTube video with perfect contents for all the coins.
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