In time countries will start to see the benefits of crypto currency in terms of economical growth that can be good for their fiat and other resources. They just need to put some regulations and business that allows crypto users to convert their money to fiat or businesses that accepts crypto as payment, so they can tax it as well.
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Bitcoin is in bearish trend for quite some time now and probably because of the cartels trying to bring down the price through price manipulation and cause panic to traders to sell or convert. The current price is 6495 dollars may prediction is if it breaks the 6700 threshold will be out of the beatrish loop and the surge will begin.
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It's interesting to invest money in crypto currency cause it enables you and expect to have immediate gains in less than a month, of course if you have bought in the dip or price fluctuation's. Another key factor on what makes it a good alternative investment is it's volatility cause the price may dramatically increase or decrease and not make your money stagnant.
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With that kind of reputation expect no one will trust you unless someone vouch for you as a legitimate user. But i dont think what your saying is true - 30 mins a day and you'll earn a good amount of money that's sounds to good to be true and sometimes that is mostly not true.
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If his shown an interest in bitcoin and invested 26 billion of his assets then the price should surely to spike. In fact the price has surge to 6596 dollars. I can't blame him for showing such interest even big firms and platforms are showing interest in bitcoin such as Microsoft,alibaba even wall street traders.
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Indeed despite the large downfall bitcoin has been considered by big companies as a good investment or a mining opportunity. Many projects related bitcoin has been booming in america, japan and Philippines and the popular company alibaba is showing some interest in bitcoin. So i can only say is to buy as much as you can right now.
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I did not panic when ive sold and converted my bitcoins to my fiat currency because i have a family crisis an emergency that life is depending on it and what's worse is that the market is falling down when i need it to surge the most. Im just saying this because not all investors that are selling are persuaded by Fud.
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Never do any transactions to any unknown users just like a basic rule especially newbie accounts except if that user is trusted and just made a new account for business purposes. Not all newbies are scammer sometimes they're owned by bounty/signature campaign manager.
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Yes for me choosing a good and secured wallet as one of my main concerns cause that's where we store are private keys so we can use it to invest in an exchange, buy online product or send as payment. For me i quickly liquidate my money so that it wont be any risk for hacks or divide it to different wallets.
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Hello campaign manager im from the previous campaign and ive added the new signature code. I also want point out that there maybe an error to the signature code for Sr.members because the black color is absent.
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Yes a group of cartels is trying to manipulate the price through some exploit they've been doing for a long time using also some exchanges they're making some fake volume trading or dump a huge amount of crypto. In order to trigger a downtrend and causing FUD for traders then they blame it to the hacks in trading site like in korea.
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Currently the price is starting to recover. A 26 billion has been added up to the market capitalization supply. Looks like the cartels is contented with the 5000 dollar drop yesterday that's why they are now buying more. After a few days of bearish trend it seems that the price finally rebounded.
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People prefers bitcoin because it is the first and it is tested through time and has encountered countless trials and errors. While other altcoins is just a copy paste of bitcoin features and how it works and most of all bitcoin is the most accepted as a payment method for online shops and merchants, That's why it's also considered as a safehaven.
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Dont worry this is only temporary instead of panicking and selling all your crypto currency just buy more into the dip and capitalize when the price surge began. We know that bitcoin is very volatile type and in the crypto market it is a bloodbath out there. Always expect the unexpected in crypto's but it always recover.
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Indeed the cause of this bearish trend is some fud news spread by whales they even make fake volume tradings to start the downtrend and blame it to the security breach of exchanges that is said that has millions worth of crypto currencies stolen but the truth is whales were all behind that.
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My word of advice is this - no matter how secure a wallet provider is. There will always be some exploits to that secured software because no system is safe even cold wallets has a critical vulnerability that hackers can hijack your account. The best way to protect yourself and your coins is to educate yourself from this attacks so you wont fall for their scheme's.
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That is also true, a currency is nothing without it's investors and users but bitcoin price is actually backed up by miners those who mines bitcoin using peer to peer network and they are rewarded in every block that they solve and also they process transactions that is taking place in the blockchain in exchange for transaction fee and the result it makes btc price stronger or even higher.
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That's why it's really a good practice to research first the coins you want to invest in. If it's hype, if it has a marketable token, if it's has something new to offer in other words a futuristic and innovative technology and if a big company or CEO owns it that actually exist with transparent physical investment.
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Digital currencies price is not a fixed amount that it's original price is 20k dollars we all know that crypto currencies are very volatile that's why it quickly go down after it surge. But this price crashes has been very suspicious lately, i also read an article about price manipulation it's said that they're making fake volume trading to start an FUD and the recent hack in a korean exchange reportedly that there was 30 mil stolen but the total market loss of crypto was around i think 700 mil, cant really remember the exact numbers.
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Im afraid bitcoin will be unable to recover to 20k dollars that quickly because of some recent hacks that has stolen millions worth of crypto currencies like in bithumb and a korean exchanges. But this maybe just a smoke screen and intentionally made up by a consensus of whales trying to bring down the price. But the bright side is more investment firms are showing interest in bitcoin like alibaba and some whales in wall street.
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