This year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is the belief that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin.
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My biggest regret is selling bitcoin which I have kept since last year November at 25$ last month which I could have sold for 38$ during the same period that I had it. I always feel bad whenever I remember this mistake.
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Bitcoin and the world of crypto was made for everyone, it does not matter how poor or how much rich you are. The world of crypto has evolved over the years and with as little as 5$ worth of bitcoin, you can start something profitable such as trading so you can benefit from this amazing world.Thus everyone can benefit from cryptocurrency.
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In the current world order, people classify centralised monetary system as legit. In terms of that, one can say that bitcoin is not a legit currency, but in the real sense, bitcoin can be used just like the normal fiat currency in the world without any problems. Bitcoin is a digital currency and as such, it can be used in any business transactions without any problem or whatsoever.
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This statistics really shows that bitcoin and the world of crypto is really going far. I believe bitcoin will move up much higher than it is at the moment when the right measures or regulations are put in place. The world of crypto has really come a long way, gradually many more people are coming into the world of crypto, as the community continues to grow, the value of bitcoin will rise above its competitors.
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Bitcoin is really cool if you want to have financial control over your funds, on the other hand, the traditional banking system always want to control hard earned money of customers. There has been some instances where people struggled to withdraw monies from their bank accounts due to technical issues from their banks but the same cannot be said of bitcoin since everything is decentralized thanks to blockchain technology.
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Many of american people buy bitcoin for their retirement, so they save bitcoin for long term. I have the same plan with them, I still thrust to bitcoin rather than other cryptocurrency. Although people said that save wealth in form of bitcoin is risky but I knew that I take this risk with good reason.
It is always good to take risks and earn high rewards, bitcoin is a good venture to earn from with the right investment plans. One thing I have realized is that it takes some amount of patience to earn , I believe bitcoin investment is no joke but a long term investment plan, if you are in for something which is short term then it would be very difficult to earn from bitcoin investment.
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I believe the idea of trading has really contributed a lot to make bitcoin really popular to the world of crypto. Trading has really attracted people to the world of crypto hence trading in bitcoin should be encouraged.
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The future of blockchain technology looks really bright. Cryptocurrency is growing everyday as new people are joining this great innovation which started few years ago with the introduction of bitcoin. Knowledge on the blockchain network is on the rise now.
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There are many problems that is affecting the integration of bitcoin into the world of business. Currently there are many interruptions such as the volatile price and government interferences in several countries that is affecting bitcoin. I believe when bitcoin becomes relatively stable many online businesses will humbly embrace this amazing cryptocurrency.
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There has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top inspite of all these negative speculations. The year 2018 has not been different, bitcoin has endured up to this time. There has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world.
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The are various reasons for the down falls in the price of the various Cryptos. I believe the whole issue on the bitcoin ETF agreement could be part. At the moment, no one can pinpoint one exact reason for the fall.
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The system on which bitcoin runs is so decentralized, it would certainly take some time before any regulations can be put in place with ease.
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The future of bitcoin certainly depends on all crypto enthusiasts. There are various instances where the people in the crypto community can make things right and do the best of things for ourselves. We need to do things right to take bitcoin to the next level. We can place value on bitcoin by upholding its value.
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Life is full of chances,it is left to us as individuals to make good use of the chances we have around at the moment. In the current crypto ecosystem, you can achieve a lot in the future by venturing into the world of crypto with the little money you invest in crypto.
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This is quite unfortunate, this is one of the few disadvantages in the decentralized system in blockchain network. I believe there must be some measures put in place to address such problems. For instance, there could be measures to assist such issues in the near future.
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I believe all crypto enthusiasts who have been in this system for long are not perturbed about the recent fallout in the world of crypto. Bitcoin will certainly rise again anytime soon.
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despite the negative write ups against bitcoin, it still stand. this is to show that bitcoin has indeed stand the test of time and is to also show that bitcoin can weather any storm.i see bitcoin becoming a legal tender in the nearest future. out of all coins, bitcoin stood out.
That is the exactly the point am trying to make. Bitcoin will forever reign as the best digital currency in the world. As the knowledge on blockchain technology is on the rise now, many others are still coming into the world of crypto.
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[The world is fast advancing in technology, which is very evident in all spheres of human endeavour. No need to worry about what people say about bitcoin or even the blockchain network. We need to focus our attention and energy on how to make the crypto world better.
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what you are calling "negative speculation" has in fact been FUD, misinformation and basically bullshit being spread by mainly those who wanted to buy bitcoin cheaper or short bitcoin while it was going down. otherwise the downtrend has been natural to some point. also I disagree with saying it was "caused largely by negative news". based on what I have seen, negative news rarely causes a drop, they only intensify a drop. in other words if there were no drop in first place then the news couldn't create it.
You have a very good point there, the things that cause a drop in price of bitcoin are largely not caused by FUDs, I believe the factors are enormous. Bitcoin is simply amazing and incredible digital currency.
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