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Everything has gonna end except for bitcoin. Hard it may seemed but bitcoin will last for a long time as long as we keep supporting it, as investors and enthusiasts who wanted to adapt bitcoin's ideology, then there are nothing to worry about. Swiss exchange listing on first crypto ETF is already an achievement for us. So, doomsday is not gonna happen my friend.
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We had been here before in this line and yet bitcoin still able to sore up high last year. It has been a red market lately but i do believe bitcoin can get away with this situation right now sooner because of the good news it brings from the news lately about ETF approval to Switzerland to list the first Crypto ETF on Swiss exchange next week and with this news this could turn things over.
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Crypto currencies is having a great popularity all over the world because of it's potential to stabilize world economy and the community supports of crypto enthusiasts making it possible. Bitcoin perhaps is widely known crypto currency wherein it created massive adaptation towards users all around the globe that made it one of the greatest invention of human history.
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History repeat itself just like last year when market was down with so many adversaries happened opposing bitcoin from SEC and rejecting ETF. We are still hopeful that we could see another great run from bitcoin before the end of the year as well as to all altcoins and see green uptrend again.
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#PROOF OF REGISTRATION
Bitcointalk UserName: raidarksword
Telegram Username: @kenriley
Participated Campaigns: Facebook, Linkedin
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I am worried when bitcoin will crash down and never get back up again and that's the most scary part of investing on bitcoin. Its not just me got me worried about it but also other crypto enthusiasts and hopefully it will not happen. Though bitcoin suffered rough times in the bear market today and still be able sustain an amount of average price that still no need to press the panic button. Let's just hope for bitcoin to recover for few days or months then we can breath easily.
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For what i believed is that bitcoin has only 21 million supply so i guess it has limited supply and when it will be mined all of it then it would a massive price increase of it. Before that to happen, it may takes years of it to get it all. To say fork is another bitcoin, then they are wrong. It's just a new coin that created by another person to give value of it and present it to the market.
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As of today it all red once again and we are all dismay about it but we have to be strong holders for us to be all winners in the end of this bear market. We are all expecting bull run may happen but i guess we are wrong about it and maybe this downtrend was caused by bitcoin cash hardfork?
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It's pretty normal to me, no need to panic or whatsoever. If you are true believers then, no need to panic and keep holding. It's just a matter of days before bitcoin will rise up again. Only weak hands will be affected by this fall down and besides it's still bear market so no need to sell our assets, it will only make your loses make worst.
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It is not affecting the volumes because most traders like to have many exchange platform because it could create great anticipation towards investors that could lead up to healthier market for crypto currency and for the traders as well. There are exchange platforms are emerging recently and mostly came from ico so let's hope these exchanges will be good as other reliable exchanges in the market. But we just have to be careful that not all exchanges are legit, there are cases some turned out to be scam recently.
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One way to do it is educating people about bitcoin thru conference and the most effective way is using social medias. Nowadays people are mostly spent their lives thru online social medias, by that medium we can urge people and attract their attentions so that we can give knowledge about it on how we can change the payment system on daily basis as a currency, with that we can show them awareness about bitcoin.
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I guess bitcoin will not be stable as we would like it to be. In the first place bitcoin is volatile which means the value has no fix rate, it changes every time market moves. So it is best for us to do is to have our full support over bitcoin and promoting it to gain more investors that are willing to put up investments. Most importantly to stay away from FUDs and keep holding.
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As decentralized system as bitcoin and to be used on bank's centralized system would not be possible to do so, if forced then it would not last long. Since bitcoin was created as decentralized and away from the banks' control it would create chaos on what system would be taken and prioritized of what system to be used with.
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