Bitcoin is not anonymity in my opinion. Because bitcoin Wallet is available to provide information for everyone. It shows that bitcoin is not really anonymous.
Its anonymous since users cannot be identified personally, but it is also a digital and using Internet it is traceable, and the security is still developing and continually improving for the convenience and security of the users |
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Yes but i advise you do not do HYIP scheme with it because you can easily loose your hard earned money. Most of the HYIP do alot of scamming. But you can buy and keep and make your cool cash or do mining.
Total awareness of some scam activities and deep knowledge on it's trend cause it could give us guide for a better result if this kind of investment. Bitcoin investment are growing and really gaining, if you can play it well and can manage to hold it when crisis come.. Bitcoin investment is more profitable than any other investment controlled by banks and other entities driven third party facilitators, why because no body manipulate the prices when it pump up that the absolute value and also when it goes down. Talking about risk it only at the start since if you don't have deep understanding and you can asked assistance to people who are in business for a while. And you also join some forum. |
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You can try to trade at binance or even at the other trading site which they won't need a KYC requirement in order for you to make a withdrawal. Because I'm pretty sure they are strict when it comes to age when there's a KYC on a specific trading site
Usually minors are needed to have a parent consent if they trade to some trading site which needs KYC they should need parents assistance, but threre also trading site that don't need KYC's so actually they can use us crypto freely as long as they know how use it I think there is no problem. |
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Cryptocurrency has a great future ahead. We need this, the flexibility it offers and convenience is great. More people and establishment will be using this in the future. I hope more government will support this and more regulation is passed to curb those scammers.
I agree to this. infact this year will be the great year to start in the world of cryptocurrency. building of cryptocurrency will start to pop up. they will build a building or establishments cause it will become company right ? im hoping too that government will support all of this cryptocurrency so many of their citizen can start and be entrepreneur becoming rich in this battlefield of cryptocurrency. Crypto currency future will be more promising because I think in the near future our currency will be in to it. Because of the technology evolution in the near future the technology become more effective, safer and faster, the new generation will be more preferably using crypto currency than physical money. |
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The community. The community dictates the demand for Bitcoin. The higher the demand, the higher the price will be while the supply is getting smaller. The lower the demand, then price may remain stagnant. It's the same for any other commodities that are being patronized. The more this commodity is being used with less supplies, the more its price will increase. This is why super cars are so expensive. Aside from their features being like out of this world, the production is so few. Manufacturers would only make a few units (like a limited or exclusive edition) and then sell them at a high price, which is crazy! Same with Bitcoin, time will come where there will only be a limited Bitcoin supply with a crazy high value! I don't think we would even be alive to see that moment...
equations bitcoin and supercar cars can be used as the answer why bitcoin now has a valuable value. today bitcoin stocks around the globe are limited and will probably make it even more valuable if stocks are few. so I think that's the answer why bitcoin has value. Yeah if many will buy and patronize bitcoin the value will become more higher because the world is shifting towards crypto currency since bitcoin is the pioneer there's a possibility that the value will be increasing every year, because bitcoin circulation in limited it cannot increase in number. |
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Banks are still extremely oblivious to how powerful Bitcoin (and all other virtual currencies for that matter) is and how it will eventually start to prove their business model as obsolete.Banks fear bitcoin, because they see its potential. Many banks have looked into the blockchain technology and are trying to replicate it...purely because the technology is so powerful and out-does all banks by people preference by far. The only reason bitcoin has not taken over yet, is because of the peoples unawareness of it.
The reason why banking system in threatened by bitcoin because of the peer to peer transaction and decentralized system. The centralized system of banking system is the bread and butter of banking system in which they are the one who will market your money and asset and only part few percent will go back to the depositors they serve as a third party who will control your money. |
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Its price can't be comparable to dollar. Dollar is such a stable currency and it is being fully regulated by the government themselves. You can't even say that it is a digital money as it is not yet openly accepted in such common businesses firms that we mostly make transactions day by day like supermarkets or even convenience store. Recently I read about the KFC's acceptance of Bitcoin as a payment method, it is quite surprising as it makes the image of Bitcoin as an alternative money now but can we see that all K F C S branches accept these type of payment? In my country, I think not. The adoption of this kind of money isn't that mature yet to hit the financial transactions in companies. In general, it isn't the digital we're looking for.
Because it has no boundaries it is comparable to US dollars power and function but it termd of acceptance in some commercial institutions bitcoin needs improvement and needs infrastructure to be more resilient. |
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Waoww what an incredible step, as i heard,in Turkey, a few university will add blockchain to their annual education programme.
This interesting and a great development, I really think that bitcoin is going to be similar to the Internet the ones that are going to adopt it are the young people, that doesn't mean that older people are not going to adopt it is just going to take a lot more time and it is possible they never get used to it, so we need to get to the young and a good place are universities. Because it's either we like it or not the world is shifting towards digital world and the currency system will become a cryptocurrency that's why some University will already shifting towards the study of cryptocurrency and the technology behind it in order to prepare our youth to be totally understood about crypto currency. |
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indeed. instead sell bitcoin, why not keep holding until the last year highest price reached ?
bitcoin is a long period investment. you wont get anything if you hold it for short time.
Yeah absolutely it is beneficial if we hold for while, but we cannot dictate those individuals who will immediately sell their holdings maybe there's an immediate need but for business wise you should hold until such time the price will a little bit favorable on your investment. |
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I think that it is a good price of us to get into bitcoin while it is not going up like having a very strong pump because once this quiet months for bitcoin is gone then bitcoin will start a very loud year where a lot of people will go crazy because of their gains from bitcoin that has been up because of the bullish market so while the bullish market is not really starting then get into bitcoin now.
Yeah definitely this is the time to invest for all we know we are far from last year highest level if bitcoin price reached to unexpected level Last year how much more this year that it was predicted that it will surpass last year achievement so as of now this an opportunity you should not just let go. |
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depending on which business you are running, if you follow the booming business trends you may be able to get some profits depending on which strategy you use, if the btc price is low you can use fiat money as your business su
pply, and sell it when the price goes up .
Business using bitcoin as a medium for payment and transaction have a positive and negative effects specially that bitcoin is very volatile that the price will change faster if it used in trading business and remittances because it is faster and economical but if it some commodities it is difficult because its volatile. |
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Bitcoin's retirement benefit is quite interesting, but it's a pretty volatile asset, so the size of your pension can be very different.
Being high volatile of the bitcoin price is not the ideal to be used as a savings for emergency needs. Your losing your profit if you sell your bitcoin in a low price because you need money for your emergency needs. It's better to save fiat money than bitcoin if you use it in a emergency expenses. Savings and for emergency funding is not advisable because of volatility character, bitcoin is good and ideal for investment. For emergency funding should be kept that easily be withdrawn. |
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In the past there was absolutely no problem with the ongoing price decline. At that time bitcoin prices are rising with regard to large-scale adoption. Currently the regulation makes the service accept bitcoin away from cryptocurrency. Thus, its circulation has dropped dramatically, leading to a fall in prices. By 2017, pumps by large investors hurt Bitcoin holders especially those who are naïve to know that it is not the actual Bitcoin price. Now is the real price of Bitcoin, it should increase at a slower rate based on mining difficulty and other factors.
Its a natural phenomenon bitcoin price will have a drastic change because not all investors will hold longer others are also weak hand of will immediately dump incase thier movements in the prices |
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Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Those people who says that bitcoin is unworthy, yeah they are wrong. They said that idea because they did not know what is the real essence of it. They are not knowledgeable what are the things that bitcoin have. Bitcoin is really worth it and valuable because there's a lot of things you can do by the use of it. Bitcoin is things that worth to be discussed because bitcoin is a the new direction of currency in which the world currency systems shifts towards it even others would say it's a scam but either we like it or not we are heading to block chain technology. |
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No. Bitcoin still can not master so much in the world economy. unless a part of the world economy is playing on btc it is likely that there will be a lot of price matching in bitcoin
Bitcoin ks another dimension of currency it is no design to destroy world economy instead it was designed to uplift the currency system by introducing a new technology to eradicate the middle man who just using people money like banking system. |
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
I think when it comes to being stable, it is important because it gives the people a sense of security and guarantee that bitcoin will not just disappear in the future, otherwise all the investments of the people will go to waste. So, it is imperative that bitcoin remains popular and widely used as it is. Yeah being stable is having impact to the investors and when it is in use for payment because business establishment have no difficulties in their system because unstable prices will result to many adjustment which is difficult for the business. |
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Actually it’s so hard to predict what is the good time to buy bitcoin because we do not know when is they reach the lowest value of it. Thats part of the bitcoin then if you think its enough for you the price to buy, then buy. Because in a short period of time for sure you will earn some profit from it.
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You it is hard to predict when to buy, but as part of your indicators in forecasting is the previous prices index because there's a possibility that what happened last year would actually happened this year so that you have guide to determine when to buy and dumped |
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I'm not a good trader but I think your doing fine as I do, you just needs more time to get better and better in that strategy to make good not to say perfect but it is good to have a better experience in doing that kind of strategy. And I hope can make a big capital in doing like that if I also add some more investments in trading.
Too flipped back your word,Having that experience is good but don't fall into the same place.Startegy also can destroy someone just example the above strategy I think a better is to take dips and hodl for years. That's the beauty of bitcoin volatility once the price is down you can buy and when the price is high you can dump that strategy is so efficient if the bitcoin prices is in roller coaster ride, but long investment is really an appropriate if you want bigger rate of profit. |
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I strongly agree with you, it is a journey of so many ups and downs but it is a great opportunity for us, an opportunity that I must say it is too good to be true. since I joined here I am starting ro earn as well. Buy on the dip and sell when it pumps plus I am joining also the bounty campaigns, like social media and signature campaign in which it is worth spending my time.
Cryptocurrency is not, as I first thought, sentient money that will one day enslave humanity. Instead, it's essentially virtual money that runs on transaction-tracking blockchain technology, which has ambitions to decentralize the world's money.Humanity needs this. I have seen many people helped his economy after plunging in the world of cryptocurrency, especially bitcoin, but when you want to serious in cryptocurrency world you must have the knowledge so you will not have huge loss . People who want to earn out of crypto currency because it it accessible to common citizens through on line, because there are lots of options that you can earn aside from trading you can join some ICO’s campaign that is why it can help the economy of the community. |
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Actually, haven't saw information regarding this in the diverse sources yet.
The law is not yet formulated on the bases on tax collection because of the bitcoin being decentralized and being anonymous, that's why the government and crypto currency is not in harmony due to taxation. |
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